Raw Materials

30th Apr 2024

Albany International reported a 16.4 per cent rise in net revenues, reaching $313.3 million in Q1 FY24. The machine clothing segment drove growth with a 20.9 per cent increase. Gross profit rose to $108.7 million, despite a drop in overall gross margin. Net income slightly increased to $27.3 million, and adjusted EBITDA grew by 8.3 per cent to...

24th Apr 2024

Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...

22nd Apr 2024

At the upcoming Techtextil 2024, BASF will unveil sustainable textile solutions, emphasising circularity. Loopamid, the first PA6 entirely from textile waste, promotes fashion circularity. Ultramid Ccycled uses chemically recycled plastic, while Ultramid BMB integrates biowaste. Elastollan TPU offers versatility, including bio-based options.

19th Apr 2024

Berry Global Group and Glatfelter Corporation have achieved a regulatory milestone for their proposed merger involving Berry's health, hygiene, and specialties segment with Glatfelter, including its nonwovens and films business. The transaction will create a prominent publicly-traded specialty materials company through a Reverse Morris Trust...

11th Apr 2024

Aluula Composites is all set to showcase its latest sustainable and high-performance materials at Techtextil 2024 in Frankfurt, Germany, from April 23-26. The Canada-based company prioritises sustainability without compromising on performance or durability. Aluula's materials, known for being light, strong, and durable, are also recycle-ready.

11th Apr 2024

Thomas C Gentile III is appointed CEO & president of Hexcel Corporation effective May 1, succeeding Nick Stanage, who will retire at year-end but remain as executive chairman until then. Gentile brings extensive leadership experience from Spirit AeroSystems and GE. Stanage's tenure saw Hexcel's growth as a global leader in lightweight composites.

27th Mar 2024

Germany's SGL Carbon experienced a minor sales decrease to €1.08 billion ($1.16 billion) in FY23, a 4.1 per cent drop from the previous year, yet stayed within the expected forecast. Adjusted EBITDA also declined by 2.5 per cent to €168.4 million, but the firm saw a marginal improvement in EBITDA margin from 15.2 per cent to 15.5 per cent.

22nd Mar 2024

Teijin Aramid has received Tire Technology International Materials Innovation of the Year award for Twaron with recycled aramid fibre. This innovation emphasises sustainable solutions without compromising performance. Through collaboration and industrial-scale production, Teijin Aramid leads in driving sustainability in tire manufacturing.

13th Mar 2024

Avient Corporation unveils Versaflex TF Adhesive Thermoplastic Elastomer (TPE) solutions for fabric laminations, enhancing softness, stretchability, breathability in athletic apparel like sportswear and underwear. Offering easy processing and strong adhesion, these TPEs ensure fabric strength and elasticity with superior shape recovery and...