6th May 2024
At Techtextil, Dilo, TEMAFA, and Spinnbau showcased innovations at booth B81 in hall 12, alongside Groz-Beckert and peers. DiloGroup's Eberbach headquarters hosted over 80 visitors for machine demonstrations and presentations. The event highlighted advancements in textile technology and provided insights into Dilo's latest machine and line...
24th Apr 2024
Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...
15th Apr 2024
Jan Karnath, fourth-generation member of the Reifenhauser family, becomes the chief digital officer (CDO), marking a shift to digital solutions. With more than 15years of digital experience, including roles at SAP and as a founder, Karnath will lead digital transformation. His goal is to enhance efficiency, transparency, and quality for customers.
11th Apr 2024
Freudenberg's FY23 sales hit €11.9 billion (~$12.76 billion), up 1.3 per cent, with operating profit at €1.1 billion, up 15 per cent. Profit margin improved to 9.1 per cent. Freudenberg India's sales were ₹38.03 billion, with plans to invest ₹3.5 billion in 2024 across Punjab, Karnataka, and Tamil Nadu, highlighting growth and exports nearing ₹8...
8th Apr 2024
German researchers are developing a virtual encounter system using smart textiles for intensive sensory perception that can appeal to all the senses. The technology can enable ill children in isolation wards feel the closeness of parents' bodies even during virtual visits. It can also make gaming experience more intense through realistic body...
27th Mar 2024
Germany's SGL Carbon experienced a minor sales decrease to €1.08 billion ($1.16 billion) in FY23, a 4.1 per cent drop from the previous year, yet stayed within the expected forecast. Adjusted EBITDA also declined by 2.5 per cent to €168.4 million, but the firm saw a marginal improvement in EBITDA margin from 15.2 per cent to 15.5 per cent.
11th Mar 2024
At Techtexil 2024 in Germany, Sandler Group will showcase its production technologies aimed at enhancing comfort and promoting sustainability. The company emphasises its commitment to innovation, offering solutions across various industries. Sandler will unveil its new corporate branding and present a blend of digital experiences and nonwoven...
5th Mar 2024
Evonik Industries’ FY23 sales fell 17 per cent to €15.3 billion ($16.6 billion). Adjusted EBITDA hit €1.66 billion. Smart materials division saw a 15 per cent sales drop, with adjusted EBITDA down 27 per cent to €540 million. Performance materials sales decreased 22 per cent, while the adjusted EBITDA plummeted 68 per cent to €111 million.
2nd Mar 2024
Freudenberg Performance Materials has introduced a new line of 100 per cent synthetic wetlaid nonwovens produced in Germany. These materials, including micro-fibres, cater to filtration and industrial needs, offering versatility in polymer-based fibres. Ranging from 8g/m² to 250g/m², they boast precise weight, thickness, pore size, and high...