9th May 2019
Berry Global Group, a global supplier of a broad range of innovative nonwoven, flexible and rigid products, has reported net sales of $1,950 million in Q2 2019, down 1 per cent compared to $1,967 million reported in Q2 2018. The company’s net income per diluted share and adjusted net income per diluted share stood at $0.55 and $0.84 respectively.
8th May 2019
Sales of Advansix, a manufacturer of nylon 6 polymer resin used to produce engineered plastics, fibres, etc, were down approx by 12 per cent to $314.9 million in Q1 2019 ending March 31, 2019 versus prior year. This included 12 per cent lower raw material pass-through pricing, 3 per cent favourable impact of market-based pricing and 3 per cent lower...
7th May 2019
Belgium-based textile innovator Devan and HUUB, a wetsuit and apparel specialist from the UK, are set to announce their partnership at the upcoming Performance Days show in Munich. The leading fair for innovations, trends, and sourcing of fabrics and accessories in functional sportswear and athleisure, will be held on May 8-9, 2019, in Munich, Germany.
7th May 2019
Net sales of Lydall, a company producing specialty engineered products for thermal/acoustical and filtration/separation markets, increased by 13.8 per cent to $218.0 million in Q1 2019, compared to $191.7 million in Q1 2018 from the acquisition of Interface Performance Materials, which increased Performance Materials (PM) segment net sales by $32.9...
7th May 2019
Highlighting its ongoing growth and commitment to providing superior certified organic hygiene products, Organic Initiative (Oi) has launched its new Oi Girl line of products. San Antonio-based H-E-B became the first retailer in US last month to debut Oi’s Oi Girl line of feminine hygiene products for young girls experiencing their first period.
7th May 2019
4M Carbon Fiber has engaged Lincoln International, a global investment banking advisory firm, to assist it in raising capital and in executing an acquisition programme which could involve one or more possible transactions. 4M intends to leverage the value of its disruptive technology that could be a game changer in the carbon fibre industry.
6th May 2019
Toronto-based Myant Inc, the world’s first end-to-end textile computing company, and Ryerson University’s faculty of communication and design (FCAD), Canada’s leading creative innovation hub, are partnering to push the boundaries of design, fashion and engineering through new ideas and applications in the emerging field of textile computing.
6th May 2019
UK’s National Composites Centre (NCC) and SGL Carbon, a company involved in development and production of carbon-based solutions, are partnering to jointly develop future composite technologies for applications in aerospace, transportation, oil & gas. A development area is improvement of material utilisation for primary and secondary structure...
6th May 2019
Ahlstrom-Munksjo, Freudenberg, Math2Market, and Welspun India have all been shortlisted for the 2019 Filtrex Innovation Award by Edana. The winner will be announced at Filtrex, the leading nonwovens filter media event, which will be held on May 14-15, 2019, in Berlin. Edana is the international association for the nonwovens and related industries.