Company news

4th Sep 2023

Albany International has finalised its purchase of Heimbach Group for €132 million in cash, along with an assumed net debt of €22 million. Based in Duren, Germany, Heimbach supplies paper machine clothing and high-tech textiles to various industries. Daniel Halftermeyer highlighted the potential for increased value for shareholders and customers.

23rd May 2018

American & Efird (A&E), a leading manufacturer and distributor of industrial and consumer sewing thread, embroidery thread, and technical textiles, has unveiled Anefil Poly using Repreve. The sustainable, continuous-filament, polyester sewing thread uses Repreve fibre made from recycled drinking bottles and is available in a comprehensive colour range.

19th Feb 2021

Americhem, a US-based global masterbatch manufacturer that specialises in custom colour and additive masterbatch solutions, has been awarded the Bronze EcoVadis medal. This result places Americhem among the top 50 per cent of companies assessed by EcoVadis. This prestigious award is presented to companies who achieve a high level of global...

1st Mar 2024

Andritz, an international technology group, has reported a 15 per cent increase in revenue to €8.7 billion in fiscal 2023. Net income rose by 25.3 per cent to €504.3 million. Operating result (EBITA) reached €741.9 million, with a record level. Order intake slightly declined overall but was offset by growth in hydro, metals, and separation sectors.

22nd Jul 2022

Sustainability leader Genomatica (Geno) alongside longtime collaborator Aquafil has completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22 billion nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to...

22nd Dec 2022

Switzerland’s Archroma has announced the renewal of its EcoVadis ‘Platinum’ status and further improvement of its overall rating. The company has consolidated its position amongst the top one per cent best-rated companies. Archroma is a provider of specialty chemicals serving the branded and performance textiles, packaging paper, and coatings market.

4th Mar 2024

Arkema will present innovative and sustainable materials for composites at JEC World in Paris, addressing industry challenges like decarbonisation and circular economy. Highlighting polyimide films from PI Advanced Materials for extreme conditions and Bostik's adhesive solutions, Arkema will also showcase UDX brand semi-finished products.

1st Feb 2019

India’s Arvind Ltd has formed a joint venture with Turkey’s Polser AS, a global leader in laminated composite panels, for manufacturing corrugated and plain fibre glass sheets to cater to the construction sector in India and abroad. Arvind Polser Reinforced Composite Panels Limited will have a 60:40 equity participation from Arvind and Polser...

26th Oct 2023

Asahi Kasei is investing in the US startup NFW, which produces non-petroleum-based leather alternatives for car interiors. This partnership, in collaboration with Sage, aims to reduce the environmental impact of automobiles by developing a fully circular and eco-friendly leather alternative. NFW's patented material, Mirum, is made from natural...

17th Nov 2018

Asahi Kasei has been honoured by the German Design Council for its fully driveable electric vehicle AKXY with the German Design Award 2019, in the category ‘Excellent Product Design – Conceptional Transportation’ under ‘Special Mention’. The predicate ‘Special Mention’ acknowledges works with a design that offers particularly successful solutions.