Global Technical Textiles Business Update, 1st quarter 2015

Global Technical Textiles Business Update, 1st quarter 2015

This report provides a round-up of recent corporate developments in the global technical textiles sector, including acquisitions, divestments and mergers, business news, events, investments, joint ventures, and price increases. The report contains insight and analysis of developments in a wide range of companies, other organisations involved in the sector and events, including Advanced Textile Research Group (ATRG) at Nottingham Trent University, AstenJohnson, Azerbaijan Investment Company (AIC), BondCote, Chem-Tex Laboratories, Chomarat, CIRFS (Comité International de la Rayonne et des Fibres Synthétiques - the European Man-made Fibres Association), the department of Electronics and Computer Science (ECS) at the University of Southampton, Eagle Nonwovens, Groz-Beckert, HeiQ, Heytex Group, ITMA, Johns Manville, Johnson Controls, Lectra, Lenzing Group, Polymer Group Inc (PGI), Preiss-Daimler Group, Sanitized, SGL Group, SouthWest NanoTechnologies (SWeNT), Sumgait Chemical Industrial Park (SCIP), Suominen and TenCate Protective Fabrics.


  • SUMMARY
  • ACQUISITIONS, DIVESTMENTS AND MERGERS
    • AstenJohnson has acquired Eagle Nonwovens
    • Heytex Group has acquired BondCote
    • Johns Manville's Glass Textiles business has been acquired by Preiss-Daimler Group
  • BUSINESS NEWS
    • CIRFS has published its latest statistical report on the man-made fibre industry
    • Sanitized is strengthening its distribution service in Europe
    • SGL has reduced the number of its business units from five to three as part of a cost savings programme
    • Suominen will implement two new share-based incentive plans
    • Performance Share Plan 2015
    • Matching Share Plan 2015
    • TenCate Protective Fabrics has been selected to supply fabrics for firefighters' uniforms for fire brigades in the Twente Safety Region
    • Researchers at Nottingham Trent University and the University of Southampton will share a grant of £2.8 mn for the development of smart fabrics
  • EVENTS
    • ITMA 2015 will be held in Milan, Italy, during November 12-19, 2015
  • INVESTMENTS
    • Azerbaijan Investment Company, Sumgait Chemical Industrial Park and Southwest Nanotechnologies have signed a memorandum of understanding relating to a major carbon nanotube project
    • Chomarat is to increase its capacity for producing multi-axial glass fibre reinforcements
    • Groz-Beckert has opened a sales affiliate in Turkey
    • Johns Manville has announced a major upgrade to its US nonwoven glass mat production facility
    • Production at Lenzing's new Tencel fibre plant has been ramped up over six months
    • Suominen has launched an investment programme to support its growth strategy for 2015-17
  • JOINT VENTURES
    • HeiQ has entered into a joint venture with Chem-Tex Laboratories
    • Johnson controls has extended its strategic partnership agreement with Lectra
  • PRICE INCREASES
    • Polymer Group Inc (PGI) has increased the prices of its polypropylene-based roll goods

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