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2023: Launchpad for rapid growth of India's technical textile industry

28th Dec 2023

In 2023, India bolstered its technical textile sector with government measures, including approving 33 R&D projects and introducing new HSN codes for trade. Initiatives like the GREAT programme and updated BIS standards aim to stimulate innovation and maintain quality, signalling a robust future for India's technical textiles on the global stage.

Jyrki Vainionpää. Pic: Jyrki Vainionpää/LinkedIn
Finland’s Ahlstrom names Jyrki Vainionpaa as new president & CEO

13th Dec 2023

Jyrki Vainionpaa has joined Ahlstrom’s board of directors and assumed the role of president and chief executive officer of A. Ahlstrom Corporation. Independent of the company but non-independent of significant shareholders, Vainionpaa brings diverse experience, having served as the CEO of Koiviston Auto and in leadership roles at Adven and Vapo.

Dr. Andreas Raps & Marco Altherr. Pic: Freudenberg
Germany’s Freudenberg appoints new CEO & CFO

17th Nov 2023

Effective January 1, Freudenberg will see Dr Andreas Raps become CEO, succeeding Dr Frank Heislitz, and Marco Altherr take over as CFO from Thomas Herr. The board will include John McNabb as CTO. Raps, a member of Freudenberg SE's executive council, was previously CEO of EagleBurgmann. Altherr, CFO of Vibracoustic SE, held roles at Freudenberg & Co....

Lummus and Citroniq signing ceremony. Pic: Lummus Technology
Lummus, Citroniq sign agreements for green polypropylene plants in US

13th Nov 2023

Lummus Technology and Citroniq Chemicals plan to open the first North American bio-polypropylene plant in the US by 2027 with a 400kta capacity. The project, utilising Lummus’ Verdene technology, marks a significant step in carbon-negative production. It aims to meet growing bio-polypropylene demand and support energy industry decarbonisation.

Pic: Garware Technical Fibres
Net sales of India’s Garware Technical Fibres at ?654 cr in H1 FY24

7th Nov 2023

Indian firm Garware Technical Fibres reported a marginal 1 per cent decrease in H1 FY24 net sales, yet profits climbed with a 28 per cent rise in pre-tax and 26 per cent in net profit. The company’s EPS stood at ₹46.84 for H1 FY24. The second quarter of FY24 saw sales drop by 8 per cent. EPS for the second quarter saw an increase to ₹25.8.

Pic: Grace
Grace expands operating UNIPOL PP technology capacity in China

6th Nov 2023

Oriental Energy has launched a new plant in Maoming, China, utilising Grace's UNIPOL PP process technology. The plant, with a 400 KTA reactor line, began production of high-quality polypropylene homopolymers and random copolymers on September 15, 2023. Oriental Energy now operates 4 sites with a total capacity of 1.6 mn tons of PP licensed capacity.

Pic: Bolger & O’Hearn
Bolger & O’Hearn to show PFAS-free durable water repellents at ATA

30th Oct 2023

Bolger & O’Hearn will present its PFAS-free durable water repellents at the Advanced Textiles Expo (ATA) in Orlando from November 1-3, 2023. The company's R&D department has developed a comprehensive line of PFAS-free repellents. Attendees can inquire about Shell-Tech Free, a sustainable PFAS-free repellent suitable for various end products.

Pic: Freudenberg Performance Materials
Germany’s Freudenberg launches low-level BPA thermal insulation items

30th Oct 2023

Freudenberg Performance Materials Apparel has introduced 2 advanced thermal insulation items, Down Feel WA 150LB and Fiberball WB 400LB, to their comfortemp range, offering sustainable alternatives to down for garments. These products use low-level Bisphenol A (BPA) recycled PET fibres (rPET) and surpass strict Oeko-Tex Standard 100 Class I...

Pic: METSTRADE trade show
US’ Hexcel to showcase latest marine market developments at METSTRADE

27th Oct 2023

Hexcel is set to showcase its latest marine market innovations at METSTRADE 2023. These developments include new intermediate and high modulus fibre HexPly M79 prepregs, designed for highly loaded components in applications like rigs and foils. The company is also introducing HexTow HM54 fibre with HexPly M79 resin for high-stiffness applications.

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