Raw Materials

25th Oct 2022

The net sales of Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, has increased 26.3 per cent to ₹355.9 crore in the second quarter of 2023 as compared to ₹281.8 crore in the second quarter of 2022. Profit before tax increased by 15.5 per cent to ₹61.0...

25th Oct 2022

3M is set to launch 3M Thinsulate Flowable Featherless Insulation. The product from the US-based company is a lightweight, high loft insulation made with 80 per cent recycled content that’s designed to be flowable for easy processing. This product is the addition to the ever-growing line of 3M Thinsulate Insulation products made with sustainable...

16th Sep 2022

The ministry of textiles, Government of India has cleared 23 strategic research projects in technical textiles worth around ₹60 crore under its flagship programme the ‘National Technical Textiles Mission’. These strategic research projects are in the areas of specialty fibres, sustainable textiles, geotextiles, mobiltech and sports textiles.

14th Sep 2022

Mativ has announced the relocation of its headquarters to a new location in Georgia. Mativ is a manufacturer of critical components and engineered solutions, the result of the successfully completed merger between Neenah and SWM International. The move will enable the company to further enhance its employee experience, innovation and customer support.

9th Sep 2022

Material design firm Techmer PM, LLC has announced that it has received a majority investment from Gryphon Investors, a middle-market private equity firm. Techmer PM's founder John Manuck, the company’s management team, and SK Capital, a private investment firm, will remain investors in the company alongside Gryphon. The terms of the deal were not...

24th Aug 2022

Munich-based chemical group Wacker will introduce an additive masterbatch for polyethylene compounding at K 2022- the 22nd international trade fair for plastics and rubber will take place in Düsseldorf from October 19-26, 2022. Marketed as GENIOPLAST PE50S08, this silicone product makes it easier to manufacture ready-to-use polyethylene moulding...

23rd Aug 2022

Alkegen, a specialty materials platform that provides high performance materials used in advanced applications including filtration media, battery technologies, high temperature insulation and fire protection, has announced expansion efforts aimed at increasing its total micro-fine glass fibre (MFGF) manufacturing capacity by 30 per cent.

10th Aug 2022

Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...

5th Aug 2022

Sales of SGL Carbon for the first half of fiscal 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7 per cent compared to the same period of the previous year. After €270.9 million in the first quarter of fiscal 2022, SGL Carbon was able to increase sales to €278.9 million in the second quarter of fiscal 2022.