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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.

Pic: Kristina Schauman/LinkedIn
Finland’s Ahlstrom changes composition of board of directors

6th Oct 2023

Kristina Schauman has been appointed as a member of Ahlstrom's board of directors and chair of the audit committee. She is an independent board professional with experience in leading audit committees and serves on the boards of several listed companies. Schauman has a background in industrial manufacturing and has held CFO positions in various...

Pic: Toray
Toray partners with Honda to develop chemical recycling technology

25th Sep 2023

Toray Industries and Honda have partnered to develop chemical recycling technology for glass-fibre reinforced nylon 6 parts from end-of-life vehicles. They use subcritical water to depolymerise the nylon 6, regenerating it as caprolactam, a raw monomer. The technology was adopted by the ministry of environment for a decarbonised circular economy...

Pic: Ahlstrom/LinkedIn
Finland’s Ahlstrom announces changes in executive management team

15th Sep 2023

Finland-based Ahlstrom has appointed Niklas Beyes as CFO and Wolfgang Laures as COO, both joining the executive management team. Beyes, with experience in leading finance transformations, aims to support Ahlstrom's sustainable growth. Current CFO Jorn P Jensen is scheduled to exit on September 15 and Laures will assume the role of COO from October...

Pic: Ken Wolter / Shutterstock
US’ Donaldson posts gross margin of 34.1% in Q4 FY23

4th Sep 2023

In Q4 FY23, Donaldson Company achieved a gross margin of 34.1 per cent, up 130 basis points due to pricing benefits and stable input costs. Adjusted gross margin, excluding charges, was 34.3 per cent. Sales slightly declined by 1.2 per cent to $879.5 million, with the Mobile Solutions segment down by 4.8 per cent and Aftermarket sales fell by 6.7...

Pic: Shutterstock.com
GREAT funding to accelerate growth of India’s technical textile sector

31st Aug 2023

India's technical textile startups are buoyed by the new GREAT initiative. Industry experts believe that the scheme will fast-track growth and attract new entrepreneurs, meeting a longstanding demand for financial support in this sector. The ministry of textiles has also approved 26 engineering schools to introduce technical textile courses.

Pic: Toray
Japan’s Toray & partners expand circular economy programme

31st Aug 2023

Toray Industries, Nitto Seimo, and Maruha Nichiro Corporation's subsidiary Taiyo A&F are expanding their recycling programme aimed at resolving marine plastic pollution. The programme, initiated last November, involves recycling materials from fishing nets into new ones. The companies are now extending the programme to include used nylon fishing...

Pic: Ahlstrom
Ahlstrom signs agreement to divest Stenay plant to Accursia Capital

31st Aug 2023

Ahlstrom is set to divest its Stenay plant in France to Accursia Capital after receiving approval from employee representatives. The transaction, expected to be finalised by September end, is in line with Accursia Capital's strategy to develop the Stenay plant and ensure its sustained future, thus safeguarding jobs and enhancing the paper-based...

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