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Pic: Ahlstrom-Munksjo
Finland’s Ahlstrom-Munksjo reports €3.1 bn net sales in 2021

29th Mar 2022

Finland’s Ahlstrom-Munksjo, a fibre-based solution provider, has reported a record high of €3.1 bn of net sales in 2021 for the reporting cycle from January 1 to December 31, 2021. Europe accounted for 45 per cent of its overall net sales followed by the US at 41 per cent and Asia at 14 per cent. The company also reported an EBITDA at €398 million.

James Posa. Pic: INDA
Canada’s Bast Fibre names James Posa as president & CEO

28th Mar 2022

Bast Fibre Technologies (BFT), a manufacturer of premium natural fibres, has named James Posa as president and chief executive officer. BFT co-founder and former CEO, Noel Hall, will now transition to executive chair focusing on the long-term strategic priorities for the company. Canada’s BFT is a triple-bottom-line cleantech fibre engineering firm.

Pic: Borealis Group
Borouge starts fifth polypropylene unit in UAE

4th Mar 2022

Borouge, a joint venture between ADNOC and Borealis, has announced the start-up of its new fifth polypropylene unit (PP5) in Ruwais, UAE. The new unit will contribute to boosting the UAE’s production of polypropylene to meet the growing global demand for manufactured products in the recyclable advanced packaging, infrastructure and other industrial...

Pic: Mitsui Chemicals
Japan’s Prime Polymer to suspend 1 polypropylene production line

2nd Mar 2022

Japanese manufacturer and distributor of chemical products Prime Polymer Co Ltd has decided to suspend operations of one polypropylene production line at its Anesaki Works, which is located at Ichihara city of Chiba Prefecture, in March 2023. The difference in the polypropylene production capacity will be 110K tons per year after the suspension.

Pic: Ashland
Arkema acquires US firm Ashland’s adhesives business for $1.65 bn

1st Mar 2022

American chemicals company Ashland Global Holdings has announced it has completed the previously announced sale of its Performance Adhesives business to French specialty chemicals and advanced materials company Arkema in an all-cash transaction valued at approximately $1.65 billion. Ashland expects net proceeds from the sale to total $1.2 to $1.3...

Pic: Shutterstock
Japan’s Teijin launches advanced spread-tow carbon fibre woven fabric

24th Feb 2022

Japan’s Teijin has launched a lightweight, strong and cost-effective carbon fibre woven fabric developed with the company’s proprietary tow-spreading technology. The new woven fabric is made with 3K (3,000) carbon fibre filament yarn for applications requiring low weight and design flexibility, such as automotive interior materials and sporting goods.

Pic: University of Tokyo
Japanese researchers find latest antimicrobial clear coating

22nd Feb 2022

The University of Tokyo’s Graduate School of Engineering researchers have found a cost-effective way to apply a silver-based antimicrobial clear coating to textiles. The method uses polyphenols, found in food items notorious for staining clothes such as wine and chocolate. A range of textile types can be treated and items can be washed multiple times.

Pic: Piana Technology
US’ Piana achieves zero discharge certificate for FR treatment process

15th Feb 2022

Piana Technology, US-based textile firm known for innovations within the fibre and nonwovens textiles markets, gets a zero-discharge certificate for their closed-loop flame retardant (FR) treatment process. The certification comes after its announcement of E/SMART, their high-performance nonwoven fibre technology named a CES 2022 Innovation Awards...

Pic: Wacker Chemie AG
Germany’s Wacker uses Biomethanol to produce silicon-textile softeners

15th Feb 2022

The Munich-based multinational chemical company Wacker Chemie AG has applied the usage of resource-efficient silicones production concept to manufacture textile softeners. With immediate effect, three functional silicone fluids are available as ‘eco’ products: Wetsoft eco LV 810, Wacker finish eco WR 1100 LV and Wacker finish eco WR 1300 LV.

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