3rd Aug 2021
GFM has bought a 49 per cent stake in Cevotec from early financial investors who exit their investments after five years of supporting the company from the onset. GFM is a leader in high-tech industrial systems tailored to individual customer needs. Automation specialist Cevotec has one of the most advanced production systems for complex fibre...
2nd Aug 2021
Sweden's Trelleborg has signed an agreement with Innovate Composites to distribute its tooling solutions in New Zealand, with its dust-free tooling material, TC760X. The partnership will enable development of a stable supply chain within New Zealand, providing customers with locally available stock, country-based knowledge, and high-levels of local...
30th Jul 2021
UK-based Technical Fibre Products (TFP) has announced a new manufacturing line to significantly increase its nonwoven capacity in response to increasing demand for the company’s advanced nonwovens across all markets. New infrastructure will be installed to house the line and warehousing extended to support the increase in product and raw materials.
30th Jul 2021
Use of technical textiles in medical and healthcare is an area of interest for Aditya Birla Group's Thai Acrylic Fibre (TAF), especially for its anti-microbial products. To cater to customers worldwide, the company is working on setting up a global value chain through collaborations with regional players, as per ABG’s textiles business head Thomas...
30th Jul 2021
Reactive Components Limited, a UK-based company delivering cost effective and timely products for the Composites market, has opened a new R&D centre in Leicester. The centre can handle projects in the areas of materials science, introduction to market, manufacturing scale-up, supply chain efficiency, product lifecycle and ‘new’ analytical services.
30th Jul 2021
US company Huntsman has developed Irogran A 85 P 4394 HR TPU, a thermoplastic polyurethane (TPU) for high-performance fabrics for outdoor clothing and other consumer and industrial applications. It is a highly versatile elastomer, which can be easily extruded and added to nylon and polyester materials to give them a protective, durable, waterproof...
29th Jul 2021
IIT Delhi alumnus Manish Singhal (B Tech in Chemical Engineering, 1994 batch) has established the ‘Manish Singhal Chair’ in the department of textile and fibre engineering to promote teaching and research in the small textiles sector. The initiative will promote interaction between the industry, faculty and students to boost smart textiles in the...
29th Jul 2021
CVC Capital Partners plans to sell AOC, a producer of specialty resins, to an affiliate of Lone Star Funds. The planned transaction is subject to AOC workers' councils consultation and approval from relevant regulatory authorities. AOC sells specialty products for the automotive, marine, corrosion, construction, and infrastructure segments globally.
29th Jul 2021
Continuous Composites, an innovator in the additive manufacturing industry headquartered in the US, has announced the successful closing of its $17 million series A financing led by B. Riley Venture Capital (BRVC), a subsidiary of B. Riley Financial. The latest investment follows prior funding rounds led by strategic partners, Arkema and Saint-Gobain.