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Global technical textiles business update, March 2017

Global technical textiles business update, March 2017

This report provides a round-up of recent corporate developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; financial news; investments; joint ventures; and markets. The report contains news from the following innovative companies, other organisations and research centres: Ahlstrom, BSN medical, Continental Structural Plastics Holdings (CSP), Directa Plus, Forschungszentrum für Hochleistungsfasern und -strukturen sowie Textilmaschinenentwicklung (HP-Fibre-Structures-Research Centre for High-Performance Fibres, Structures and Textile Machine Development), Hexion, Huntsman Textile Effects, Institut für Textiltechnik (ITA), Kraig Biocraft Laboratories, Lehvoss North America, Lenzing Group, Munksjö, Norafin Industries (Germany), Osmotek, Reifenhäuser Group, SCA (Svenska Cellulosa Aktiebolaget), Scott Bader, SGL Carbon Fibers Ltd, Smithers Pira, Teijin Group, Teijin Limited, and Viyellatex Group.

    • Ahlstrom has sold its German base papers business
    • Ahlstrom is to be merged into Munksjö, a specialist in paper products
    • Graphene specialist Directa Plus has acquired a controlling stake in Osmotek
    • Reifenhäuser Group has sold two divisions which specialise in machinery for making monofilaments, strapping tapes and artificial grass
    • SCA is to acquire BSN medical for Euro2.74 bn
    • Teijin Limited has completed its acquisition of Continental Structural Plastics
    • Kraig Biocraft Laboratories has acquired land for growing mulberry trees as part of its plan for large-scale production of spider silk
    • SGL Carbon Fibers Ltd is leading a project to produce carbon fibre reinforced thermoplastics for automotive applications
    • Teijin is to separate its aramid and industrial polyester businesses
    • Lenzing Group's earnings were up substantially in the first nine months of 2016
    • HP-Fibre-Structures, an Interdisciplinary Research Centre for High Performance Textiles, has been founded by five institutes in Dresden, Germany
    • Hydroentangled nonwovens manufacturer Norafin is to invest in US manufacturing
    • Institut für Textiltechnik (ITA) has opened Dream2Lab2Fab for smart textiles
    • Lehmann&Voss&Co has opened a facility in China to produce high performance thermoplastic compounds, additives and masterbatches
    • Scott Bader has increased its capacity for producing structural adhesives
    • Teijin is to expand carbon fibre production in the USA
    • Thermoset resins specialist Hexion is to build a research and development centre in Germany
    • Huntsman Textile Effects has signed a collaboration agreement with Viyellatex Group
    • New Smithers Pira report predicts annual growth of 7.1% in sustainable nonwovens to the end of 2022

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