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Issue
124:
January 2023
Product Overview
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Global technical textiles business update, January 2023 |
35 pages,
published in Issue 124, January 2023
Report price:
Euro 470.00;
US$ 615.00
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This report provides a round-up of the latest developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; investments; joint ventures; and new facilities. The report contains news relating to the following innovative companies and other organisations: AMSilk, Aquafil, Archroma, Baldwin Technology, Carbios, Coats, Codi Group, Dalco Nonwovens, Dickson-Constant, Freudenberg Performance Materials, Genomatica, Gildan Activewear, Global Felt Technologies (GFT), HeiQ, Hexcel, Huntsman Corporation, Hypetex, INDA, Infinited Fiber Company, International Fibres Group (IFG), Lenzing, Milliken, Monforts, Nanollose, the National Composites Centre (NCC), Neenah, Ontex Group, Renewcell, SHL Healthcare, Spirit Aerosystems Europe, SWM, Teijin Frontier, Texnology, Trützschler Nonwovens & Man-Made Fibers, Vartega, Westex, and WhiteCycle.
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SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS - Dalco Nonwovens and Global Felt Technologies (GFT) have been acquired by Snow Peak Capital and Joey Duncan
- Industrial products manufacturer Milliken & Company (Milliken) has purchased a spinning plant from Gildan Activewear
- New nonwovens company Mativ has been formed from a "merger of equals"
- Speciality chemicals producer Archroma is to acquire the Textile Effects business of Huntsman Corporation
BUSINESS NEWS - A research centre for developing environmentally sustainable textiles and recycling technologies is to be established in Singapore
- Cellulosic fibre producer Lenzing Group (Lenzing) has joined a consortium whose members are working on the Circular and Sustainable Textiles and Clothing (CISUTAC) project
- Coloured carbon fibre maker Hypetex has raised £1.25 mn from investors to scale up its business
- European textile trade bodies are calling for a substantial cap on the price of gas to save the European textile industry
- Freudenberg Performance Materials has won a contract to supply a tier 1 automotive supplier with gas diffusion layers for fuel cell systems
- INDA (the Association of the Nonwovens Fabrics Industry) has appointed a director of government affairs
- Medical textiles manufacturer SHL Healthcare has set up a Textile Centre of Excellence (TCX) in Sweden
- Monforts has launched a modular upgrade programme for its finishing lines
- The National Composites Centre (NCC) is leading a UK initiative to industrialise the recycling of continuous carbon fibres
- The WhiteCycle consortium plans to recycle complex textile waste in Europe
INVESTMENTS - Infinited Fiber Company has selected a site for a Euro400 mn facility for producing Infinna fibre
- International Fibres Group (IFG) has opened a new fibre research centre in Austria
- Ontex Group has opened a plant for producing baby diapers in North Carolina, USA
- Vartega has opened a new composites recycling facility and headquarters
JOINT VENTURES - Advanced composites producer Hexcel will partner with Spirit AeroSystems Europe on the development of sustainable technologies for future aircraft at the Aerospace Innovation Centre (AIC)
- Biochemistry company Carbios has signed a partnership agreement with four leading sportswear and outdoor wear manufacturers
- Biotechnology company Nanollose and wet wipes producer Codi Group have extended a collaboration agreement until 2025
- Chemicals manufacturer Genomatica and polyamide yarn producer Aquafil have begun pre-commercial production of plant-based polyamide 6
- Speciality chemicals supplier Archroma and textile finishing machinery developer and supplier Baldwin Technology will work together to explore applications for their combined technologies
- Texnology and Trützschler Nonwovens & Man-Made Fibers have signed a partnership agreement relating to the selling of complete lines for producing needlepunched nonwovens
- Textile chemicals company HeiQ will use dissolving pulp sourced from textile waste and produced by Renewcell to produce its AeoniQ cellulosic filament yarn
- Westex is to make protective fabrics using Tencel lyocell fibres produced by Lenzing
NEW FACILITIES - Artificial silk manufacturer AMSilk has moved to new headquarters in Munich, Germany
- Industrial threads producer Coats has opened a new production facility in Mexico
- Teijin Frontier has opened a facility in Thailand for producing polyester fibres and yarns
- Weaving company Dickson-Constant has opened its second production plant in France
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an editorial think-piece on a topical issue from an industry expert