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Issue
125:
April 2023
Product Overview
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Global technical textiles business update, April 2023 |
23 pages,
published in Issue 125, April 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; and joint ventures. The report contains news relating to the following innovative companies and other organisations: 3M, Autoneum, BekaertDeslee, Borgers Group, Carbon Revolution, Continuum, Fairmat, Fibre Extrusion Technology (FET), Fraunhofer-Institut für Techno- und Wirtschaftsmathematik (ITWM--Fraunhofer Institute for Industrial Mathematics), HeiQ, Hollingsworth & Vose, Lenzing Group, North Carolina State University (NCSU), Oerlikon Nonwoven, RecyOuest, Renewcell, Stora Enso, Suominen, Trillium Renewable Chemicals, Trützschler Card Clothing (TCC), Under Armour, the US Department of Energy's (DOEs) Argonne National Laboratory (ANL), and Voodin Blade Technology.
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SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS - Autoneum has acquired the automotive business of Borgers Group
- Carbon Revolution has signed a merger agreement with Twin Ridge Capital Acquisition
BUSINESS NEWS - Digital simulations are being used by Fraunhofer ITWM to optimise the melt blowing process for making infection control nonwovens
- Fibre Extrusion Technology (FET) has reported record sales for 2022
- New technologies for producing meltblown and spunbonded filter media were highlighted by equipment maker Oerlikon Nonwoven at Filtech in February 2023
- Suominen is planning to close its nonwovens plant in Italy
INVESTMENTS - Continuum is to build six industrial-scale factories to recycle composite wind turbine blades
- Fairmat has opened a plant for recycling carbon fibre and has secured Euro34 mn in funding
- Funding for a demonstration plant for producing bio-based acrylonitrile has been secured by Trillium Renewable Chemicals
- Hollingsworth & Vose (H&V) is to invest US$40.2 mn in expanding its facility in the USA
- RecyOuest has successfully started up a line supplied by Andritz for recycling materials derived from agricultural plastic waste nets
- Trützschler Card Clothing (TCC) is investing in the expansion of its facilities
JOINT VENTURES - Dissolving pulp sourced from textile waste is to be supplied by Renewcell to Lenzing Group for producing cellulosic fibres
- HeiQ and BekaertDeslee have signed a licence agreement for the use of a finish which combats allergens in mattress ticking
- Methods which reduce the amount of energy required for producing meltblown nonwovens are being developed using simulations and artificial intelligence (AI) by the US Department of Energy (DOE) and 3M
- Stora Enso and Voodin Blade Technology have signed a partnership agreement to develop wind turbine blades made from wood
- Under Armour and North Carolina State University (NCSU) have formed a research partnership
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an editorial think-piece on a topical issue from an industry expert