textiles import export news

14th Nov 2024

SDL Atlas has acquired Mullen Testers, the manufacturer of the Mullen Burst Tester, a key instrument for measuring burst strength in paper, textiles, and nonwovens. This acquisition enhances SDL Atlas' testing capabilities and expands its product range for composite webs, foils, plastics, and packaging materials. Mullen Testers will operate as a...

14th Nov 2024

4M Carbon Fiber has launched a $4.5 million, 50-ton-per-year plasma oxidation qualification line. The project showcases its patented technology, which triples throughput, cuts energy usage by 75 per cent, and reduces costs. This milestone supports extensive qualification projects and partnerships. The aim is to make carbon fibre production more...

13th Nov 2024

Valmet has expanded its IQ Quality Control System by launching four new measurements for raw material components, colour, and ash content. These innovations help optimise resource usage, reduce carbon footprints, and improve product quality. The new measurements include IQ Transmission Spectrum, IQ Reflection Spectrum, IQ Color, and IQ Total X-ray.

13th Nov 2024

Suominen Corporation has reported Q3 2024 net sales of €111.6 million (~$120.53 million), up from €106.4 million YoY. The company suffered a net loss of €3.2 million (~$3.4 million) due to operational challenges. YTD sales reached €343.8 million (~$370.9 million), and the company expects a full-year EBITDA increase. Sustainability efforts earned...

13th Nov 2024

India's Textile Minister approved 12 new research projects worth ₹13.3 crore ($0.16 million) under the National Technical Textiles Mission. The projects focus on areas like geotextiles, smart textiles, and composites, led by institutions like IITs and CRRI. Total funding under the Mission now stands at ₹509 crore ($6.11 million). IPR guidelines...

12th Nov 2024

Ahlstrom's Q3 FY24 net sales rose 5.2 per cent to €742.7 million (~$788.8 million), driven by higher average selling prices. Comparable EBITDA reached €130.2 million (~$138.26 million), supported by cost efficiency and improved margins. Restructuring costs and energy hedge losses impacted reported EBITDA of €81.9 million (~$86.928 million).

12th Nov 2024

Mativ Holdings, Inc, has reported Q3 2024 sales of $498.5 million, up 0.1 per cent YoY, with adjusted income of $11 million and a gross profit of $93.6 million, up 8 per cent YoY. Filtration & Advanced Materials sales fell 3.2 per cent, while Sustainable & Adhesive Solutions sales rose 2.1 per cent. The net loss was $20.8 million, a significant...

11th Nov 2024

EDANA’s Sustainability Forum, themed 'Building a Sustainable Future Together,' convened leaders in Brussels to discuss clean energy, corporate sustainability, circular economy, and EU policies. Highlights included sessions on renewable investments, sustainable practices, and regulatory impacts, emphasising industry-wide collaboration for...

8th Nov 2024

The US International Trade Commission yesterday determined that revoking the existing anti-dumping and countervailing duty orders on laminated woven sacks from Vietnam would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result, the existing orders on imports of these products from Vietnam will ...