world watches news

21st Aug 2023

The INDA association and Waterloo Filtration Institute (WFI) are collaborating to organise the two-day FiltXPO conference programme, scheduled to be held from October 10-11 in Chicago. The conference, supported by WFI's filtration expertise and global network, will focus on advanced filtration technologies to create a cleaner, healthier world.

18th Aug 2023

Glatfelter has sold Glatfelter Ober-Schmitten GmbH and its associated distribution operations in Asia to İŞ Holding's Ostrest. This sale diverges from the initial plan to close Ober-Schmitten, benefiting all stakeholders including employees. İŞ Holding's history and values align well with the acquisition, offering a positive outlook for...

18th Aug 2023

Indian firm Garware Technical Fibres Ltd reported a 7 per cent rise in net sales to ₹325.7 crore in Q1 FY24, compared to ₹304.5 crore in Q1 FY23. Profit before tax grew 54 per cent to ₹57.1 crore, and net profit after tax increased by 52 per cent to ₹43 crore. The EPS for Q1 FY24 stood at ₹21.08, a 54 per cent growth over the previous year.

14th Aug 2023

Thailand-based company Indorama Ventures reported a revenue of $4 billion in Q2 FY23, down 1 per cent QoQ and 27 per cent YoY, and EBITDA was $321 million, up 7 per cent QoQ but down 68 per cent YoY. The company’s fibres division saw a 37 per cent QoQ decline. IVL also signed an MOU with Carbios for the world's first PET bio-recycling plant in...

11th Aug 2023

SDL Atlas has launched an upgraded AirPerm Air Permeability Tester, featuring specific test heads for Personal Protection Equipment assessment, including Face Mask Testing and Foam Testing. With a global presence and expertise, SDL Atlas ensures reliable and affordable air permeability testing adhering to international standards for textiles,...

11th Aug 2023

Carrington Textiles and Pincroft will make their debut appearance at The Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) Industry Days event on August 23-24. Carrington will showcase its new stretch military ripstop fabric, Spartan HT Flex Lite, while Pincroft will present its non-skin contact vector protection technology.

10th Aug 2023

Toray Industries reported Q1 FY24 revenue of 578.1 billion yen, down 4.6 per cent YoY. Core operating income fell 19.2 per cent, and profit dropped to 13.9 billion yen. The fibres and textiles segment saw a 25.8 per cent income rise, while the carbon fibre segment rose 13.8 per cent. Assets grew to 3,347.4 billion yen, up 153.3 billion yen from...

10th Aug 2023

Japanese company Teijin Limited's Q1 FY23 net sales rose slightly by 0.4 per cent to 244.8 billion yen, but operating income fell sharply to 4.2 billion yen. The fibres and products segment grew, with operating income up 77 per cent, while the materials segment struggled, impacted by a previous plant fire and slow recovery of the Chinese economy.

10th Aug 2023

Nufabrx and Enventys Partners have announced that they have teamed up to introduce HealthWear, a groundbreaking platform technology that integrates medicine, wellness, and health benefits into clothing. Nufabrx's patented smart-textile platform embeds active ingredients into garments, delivering therapeutic doses through body heat or moisture.