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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: 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.

Pic: Quantum Materials
American firm Quantum Materials acquires Innegra

25th Oct 2023

Quantum Materials, LLC, has acquired the Innegra high-performance fibre portfolio to bolster its technical textile solutions. Quantum will showcase Innegra at the upcoming CamX show in Atlanta, GA. Allen Smith, CEO of QTI Fibres, sees this acquisition expanding opportunities beyond composites, benefiting the entire QTI company portfolio.

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...

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