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Pic: Applied Composites
Applied Composites acquires Alliance Spacesystems

4th Sep 2020

Applied Composites Holdings, LLC, has announced that it has acquired Alliance Spacesystems, LLC, a vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market. This marks the fifth acquisition of Applied Composites platform created by AE Industrial Partners, LP (AEI). ...

Pic: Ascend Performance Materials
Ascend completes purchase of Poliblend & Esseti Plast

3rd Sep 2020

As part of its global growth strategy, Ascend Performance Materials has completed acquisition of Italian firms Poliblend and Esseti Plast. With this, Ascend has expanded its portfolio into other engineered plastics, recycled resins and masterbatches. The acquisition also includes Poliblend Deutschland, a distribution facility located in Germany.

Pic: 	Nemesis Yachts
Nemesis Yachts launches fastest luxury foiling yacht

3rd Sep 2020

Nemesis Yachts has launched a 332-feet futuristic hydrofoil catamaran design - world’s fastest luxury foiling yacht, able to break the 50 knots speed barrier, while flying on computer-controlled hydrofoils. The all carbon fibre Nemesis One has futuristic, yet comfortable interiors and looks more like a stealth fighter jet, than a conventional sailing...

Pic: Lear Corporation
Lear wins two JD Power Seat Quality Awards

3rd Sep 2020

Lear Corporation, a global automotive technology leader in seating and e-systems, has received two JD Power 2020 US Seat Quality and Satisfaction StudySM awards, sweeping the mass market car categories. Lear also placed six seats in the top three across the seven product segments included in the study – more than any other automotive supplier.

Pic: Freudenberg
Freudenberg installs new spunlaid line in Taiwan

3rd Sep 2020

Freudenberg Performance Materials has completed the installation of a state-of-the-art spunlaid line in Taiwan and will begin production of nonwovens for diverse markets. Freudenberg Performance Materials, headquartered in Germany, is a one of the leading global supplier of innovative technical textiles for a broad range of markets and applications.

Pic: Project Plan B
Project B pushes workwear & PPE sector for sustainability

2nd Sep 2020

Plymouth based Project Plan B director Tim Cross has long been a spokesperson on sustainable textiles solutions for the workwear and PPE markets. With the environmental crisis caused by COVID-19, he is now urging designers and product developers to think about products' end of working life, with the motto 'protect others, protect the planet'.

Pic: INDA
INDA's WOW 2020 presents latest innovations virtually

2nd Sep 2020

INDA, the association of the nonwoven fabrics industry, held its 14th annual World of Wipes (WOW) International Conference on August 25-27, 2020. Over 260 participants from 20 countries displayed their innovations virtually, through conference presentations, live Q&A, table-top display rooms, live chat, cocktail hours, afternoon tea, and coffee...

Pic: Americhem
Americhem acquires Controlled Polymers in Denmark

2nd Sep 2020

Americhem has announced that it has acquired Controlled Polymers, a leading global manufacturer of customised compounds and masterbatch for the medical industry and other industries. Americhem is a globally recognised leading designer and manufacturer of custom colour masterbatch, functional additives, engineered compounds, and performance technologies.

Pic: Shutterstock
Demand for tech textiles likely to grow to $220 bn by 2025

1st Sep 2020

Global demand for technical textiles is likely to grow to $220 billion by 2025 from $165 billion in 2018 at a compounded annual growth rate of 4 per cent, says an Invest India report, 'Technical Textiles: the Future of Textiles'.The Asia-Pacific has captured 40 per cent of the global market, with North America accounting for a quarter and Europe 22 per ...

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