technical textiles news

24th Jan 2024

Autoneum experienced a substantial 27.6 per cent increase in consolidated revenue in Swiss francs for 2023, attributed to the acquisition of Borgers Automotive and a favourable market environment. Consolidated revenue reached CHF 2,302.3 million, with organic growth at 7.2 per cent. Europe and North America also saw significant revenue rises.

23rd Jan 2024

Yonex Co, the sporting goods manufacturer, has chosen Mitsui Chemicals Asahi Life Materials Co's Ecorise PLA spunbond nonwoven for packaging its tennis racquets, aligning with its eco-friendly practices. The switch from nylon cases to Ecorise packaging, featuring embossed Yonex logos and utilising ultrasonic welding, enhances sustainability.

23rd Jan 2024

Web Industries has appointed Megan Glidden, CPA, as its chief financial officer. She brings her expertise to enhance Web Industries' financial functions, supporting the company's operations in aerospace, medical, personal care, and industrial markets. Glidden aims to contribute to the growth and success of Web Industries and its stakeholders.

22nd Jan 2024

Braskem and WEAV3D's Automotive Door Prototype Named Finalist in JEC Composites Innovation Awards 2024. The innovative prototype, utilising WEAV3D's lattice reinforcement with Braskem PP, offers lighter and cost-effective thermoplastic solutions for vehicle structures. Winners will be announced on Feb 8, with the prototype on display at JEC World...

22nd Jan 2024

Hello Bello, a leading family care products brand based in the US, has appointed Will Righeimer, CEO of Hyland's Naturals, as its new CEO under Hildred Capital Management's dual leadership strategy. The move aims to create a comprehensive pediatric and general wellness platform. Righeimer expressed excitement about the synergy between the companies.

19th Jan 2024

Ministry of textiles has approved 11 R&D projects in technical textiles, worth ?103 crore, focusing on areas like protech, meditech, and more. Minister Piyush Goyal chaired the 8th NTTM meeting, emphasising collaboration for indigenous development. Projects are led by institutes like CSIR-NAL, ATIRA and IIT Delhi, covering machine and equipment...

19th Jan 2024

Essity, a hygiene and health company, has been recognised as one of the world's most sustainable companies by Corporate Knights. The Global 100 list, representing the top 1 per cent globally, was announced at the World Economic Forum. Essity's inclusion reflects its commitment to responsible business practices, impacting over a billion people daily.

19th Jan 2024

Compass Diversified is set to partner with The Honey Pot Company in a deal valued at $380 mn. The Honey Pot Co, known for its 'better-for-you' feminine care products, will maintain its leadership team and a significant minority stake. The Atlanta-based company, founded in 2012, emphasises plant-derived ingredients and aims to destigmatise feminine...

18th Jan 2024

PFI confirms Trans-Textil and Covestro's Aquair water-based technology is 100 per cent vegan, meeting high technical and ethical standards. The microporous PU system, based on sustainable Insqin tech, offers unique properties with reduced water and energy use. The regional 'Made in Germany' production emphasises creative freedom in design and...