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Lindström acquires UK based Enviro Wipes
Lindström acquires UK based Enviro Wipes

22nd Sep 2016

Lindström, a Finnish multinational textile services group has bought UK based Enviro Wipes, a supplier of recyclable industrial wipes. Enviro Wipes provides, collects, launders and delivers multi use cotton wipes across the UK and Ireland. Enviro clocked revenues of £3.1 million in the last financial year and serves approximately 1,500 customers.

Courtesy: TBA Textile
Technical textile maker TBA invests £700,000 in technology

15th Sep 2016

UK based manufacturer of high performance technical textiles TBA Textiles is investing an additional £700,000 in new technology and equipment, supported by a grant of £150,000 from the N Brown Textiles Growth Programme. This new investment which will create 16 new jobs follows a previous investment earlier this year of more than £110,000.

Courtesy: SRF
Technical textiles maker SRF posts 13.2% jump in Q1 profit

13th Aug 2016

In its unaudited standalone results for the first fiscal quarter ended June 30, 2016, Indian producer of technical textiles, chemicals and polymers, SRF Ltd posted a 13.22 per cent year on year jump in net profits. In a BSE filing, the company said it recorded a standalone net profit of Rs 119.49 crore for the first quarter of fiscal 2017, as...

Albany chalks turnaround by reporting Q2 profits
Albany chalks turnaround by reporting Q2 profits

4th Aug 2016

US based producer of advanced textiles Albany International chalked a turnaround by reporting net income in the three months ending June 30, 2016 as against net loss in the same period of last year. In the second quarter of 2016, net income was $10.4 million or $0.32 per share, compared to net loss of $2.2 million or $0.07 loss per share in the same...

Courtesy: Royal IHC
Royal IHC joins hands with consultancy agency NETICS

25th Jul 2016

Royal IHC, provider of innovative solutions for maritime service providers, has entered into a partnership with NETICS, a civil engineering and consultancy agency. A leading global player in engineering with dredged sediments, NETICS specialises in ‘building with nature’ and designs innovative hydraulic structures made from reclaimed sediment.

Courtesy: Business Wire
Xerium launches new roll cover technologies

23rd Jul 2016

Xerium Technologies, Inc., a leading global provider of industrial consumable products and services, recently launched two new roll cover product families; EnerSoft TS and ProGloss. EnerSoft TS is a new generation polyurethane roll cover technology, specifically engineered for demanding tissue pressure rolls positions and ProGloss is a new advanced...

Courtesy: SRF Limited
SRF commissions modernised technical textile plant

23rd Jul 2016

SRF Limited, India based industrial group having presence in several businesses including technical textiles, engineered plastics, and packaging films businesses, has commissioned upgraded technical textile plant at Gwalior in Madhya Pradesh. “With reference to the earlier letter dated February 10, 2015 informing Board’s approval for modernisation...

SCIGRIP invests in future growth and expansion
SCIGRIP invests in future growth and expansion

14th Jul 2016

SCIGRIP, a global supplier of smarter adhesives solutions, has announced investment in an expanding sales team and the appointment of Polish distributors, Milar Sp.zo.o, as a measure to facilitate future growth. The company has also completed a site upgrade at their UK facility to prepare for a ramp up in production of a number of specialised...

Lydall acquires technical materials firm Texel
Lydall acquires technical materials firm Texel

11th Jul 2016

Lydall, Inc., a leader in producing specialty engineered products for the thermal/acoustical and filtration/separation markets, has announced that it has acquired Texel, a division of ADS, Inc. and a leader in innovative technical materials, for approximately $96 million. The transaction strengthens Lydall’s position as an industry-leading, global ...

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