5th Jun 2019
Aquafil SpA has finalised acquisition of 100 per cent of O’Mara Incorporated through a privately placed bond subscribed by Pricoa Capital group for a total amount of €40 million with a term of 10 years including an initial interest-only period of 3 years and annual fixed rate of 1.87 per cent. The deal was completed through its US subsidiary Aquafil...
5th Jun 2019
This year’s Outlook Conference, sponsored by Industrial Fabrics Association International (IFAI), was held recently at the beautiful Ritz-Carlton Reynolds, Lake Oconee in Greensboro, Ga, US. The conference attracted 111 textile manufacturer leaders, who gathered for education and updates on government relations, economics and sustainability.
4th Jun 2019
Evonik Corporation, one of the world leaders in specialty chemicals, and Evolve Additive Solutions, Inc, have announced a joint development agreement where the companies will work together to formulate Evonik’s thermoplastic materials to be used in Evolve’s selective thermoplastic electrophotographic process (STEP) additive manufacturing solutions.
4th Jun 2019
Garware Technical Fibres Ltd, a leading manufacturer of technical textiles for the Indian and global markets, has reported revenue growth of 23.3 per cent to ₹289.5 cr in Q4FY19 for the financial year ending March 31, 2019, as compared to ₹234.8 cr in Q4FY18. For FY19, revenue grew by 14.9 per cent to ₹1017.8 cr in FY19 as against ₹885.5 cr in FY18.
4th Jun 2019
Solmax, the world’s largest geosynthetics manufacturer, has appointed Eric Blond to serve as its global technical director effective June 3, 2019. Blond holds nearly 25 years of experience in geosynthetic testing, research and knowledge of civil engineering and polymeric construction materials. He holds a master’s degree in geotechnical engineering.
3rd Jun 2019
Sensors manufactured by Berkeley, California-based smart fabric sensor technology company Bebop Sensors comprehend force, location, size, weight, bend, twist and presence across any size, resolution and geometry, according to founder and chief executive officer Keith McMillan, who feels India is a natural market for many of its applications.
3rd Jun 2019
The Australian Government's Global Innovation Linkages Programme is funding a project to research techniques for manufacturing high volume, lightweight composites. The project, led by Swinburne University of Technology in Melbourne, and involving four international partners including Plataine, will develop products for the aerospace and automotive...
1st Jun 2019
Kordsa, providing reinforcement technologies to the global market, has inaugurated its additional polyester line at its Izmit plant in Turkey in order to meet the increasing demand in the field. With the new $18 million line, a new generation of polyester yarn products with higher resiliency and better dimensional stability will be produced.
31st May 2019
Arris Composites, the pioneer of next-gen composites, has raised $10 million in Series A funding, led by NEA. Arris has spent the past two years in stealth developing the ultimate metal replacement - continuous carbon fibre composites - that can be combined with metals, plastics, wires, and other materials for aerospace, automotive, and consumer...