Rieter High order intake for April 2021 Rieter Rieter Holding Ltd., Winterthur/Switzerland, received orders of arond CHF 300 million in April 2021 and expects an order intake of around CHF 800 million in the 1st half of 2021 » Friday, May 14, 2021
ELG Name change to Gen 2 Carbon ELG Carbon Fibre Ltd. has divested its short fiber business to Procotex Corp., and the management has launched a new growth platform. » Tuesday, May 11, 2021
IVL Strong Q1/2021 amid global recovery and business transformation projects In the 1st quarter (Q1) 2021 sales of the chemical company IVL showed an increase of 10% year-on-year at US$ 3.2 billion » Monday, May 10, 2021
Process Controll Automated dosing and blending of powders Accurate dosing and homogenization of various powders, flakes, grid, pellets and granulate is made possible. » Wednesday, May 05, 2021
Lenzing Lenzing Good start into 2021 The producer of cellulosic fibers, Lenzing AG, Lenzing/Austria, had a positive sales and earnings development in the 1st quarter of 2021 (Q1/2021). Total sales rose by 4.9% to €489 million » Wednesday, May 05, 2021
Oerlikon More than doubling of order intake at Polymer Processing Solutions in Q1/2021 In Q1/2020 order intake for Oerlikon increased year-on-year by 34.6% to CHF 643 million, while sales went up by 7.2% to CHF 568 million. » Tuesday, May 04, 2021
Asahi Kasei Membership in Business Call to Action renewed Asahi Kasei continues to create employment opportunities in the textile industry in India and to foster young talent that will lead the next generation. » Tuesday, May 04, 2021
Lenzing Investment in Asia to reduce CO2 Lenzing will invest more than €200 million to expand the capacity of eco-friendly specialty fibers and reduce greenhouse gas emissions. » Tuesday, May 04, 2021
The Lycra Company EcoMade fiber made from textile waste The new Coolmax and Thermolite EcoMade fibers from The Lycra Company, Wilmington, DE/USA, are made from 100% textile waste. » Monday, May 03, 2021
SGL Group SGL Carbon Stable EBIT in difficult corona year 2020 In the fiscal year 2020, the Covid-19 pandemic had a major impact on the business development of SGL Carbon SE, Wiesbaden/Germany. » Friday, April 30, 2021
BB Engineering Vacuum filter for IV setting The melt filter portfolio of BB Engineering GmbH, Remscheid/Germany, has been expanded to include a patented large-area vacuum filter designed especially for processing polyester (PET) waste. » Friday, April 30, 2021
Eastman Sustainable staple fiber for casual wear, loungewear Sourced from 60% wood pulp and 40% recycled waste plastics, Naia Renew cellulosic staple fiber can be produced without compromise. » Wednesday, April 28, 2021
thyssenkrupp Second polymer plant for Köksan in Turkey A second order has been received from the packaging producer Köksan for a new PET production plant. » Monday, April 26, 2021
Oerlikon Acquisition of INglass and renaming of MMF division Oerlikon Management has signed an agreement to acquire INglass SpA and its innovative HRSflow hot runner systems technology. » Monday, April 26, 2021
IVL/Polymateria Partnership for biotransformation technology for fibers and nonwovens Biotransformation technology allows the companies to bring disposable products a unique managed lifecycle and further expand an already extensive catalog of fiber/spunlaid offerings. » Friday, April 23, 2021
Lenzing Lenzing Better outlook for current financial year Lenzing AG got off to a better-than-expected start to the financial year 2021, with preliminary EBITDA (earnings before interest, tax, depreciation and amortization) rising by 36.8% year-on-year to €94.5 million in Q1/2021. » Friday, April 23, 2021
Teijin/JGC/Itochu Cost-effective chemical recycling technology for PET A joint agreement has been signed by the producer of advanced fibers and composites, Teijin Ltd., Tokyo/Japan, engineering company JGC Holdings Corp., Kanagawa/Japan, and import/export company Itochu Corp., Tokyo, on the license business of polyester chemical recycling technology » Friday, April 23, 2021
IFC €220 million flagship factory in Finland Infinited Fiber Co. is looking for a location to build a flagship factory to produce its regenerated textile fibers for the global market. » Wednesday, April 21, 2021
Research and Markets Global Textile Market 2021-2025 The textile market has the potential to grow by US$ 549.9 billion during 2021-2025, and growth momentum will accelerate at a CAGR of 5.10%. » Monday, April 19, 2021
adidas Sneaker derived from fungi Made from renewable mycelium, the underground roots of mushrooms, Mylo is a new mushroom-based material innovation that looks and feels like leather. » Monday, April 19, 2021
