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Global technical textiles business update, June 2017

  • SUMMARY
  • ACQUISITIONS, DIVESTMENTS AND MERGERS
    • DUPONT IS TO CLOSE ITS US KEVLAR PLANT
    • MITSUBISHI RAYON HAS ACQUIRED GEMINI COMPOSITES
    • NONWOVENS MANUFACTURER AHLSTROM HAS MERGED WITH MUNKSJÖ
    • PEEK FIBRE PRODUCER ZYEX HAS BEEN ACQUIRED BY HIGH PERFORMANCE POLYMER MANUFACTURER VICTREX
  • BUSINESS NEWS
    • A UK CONSORTIUM HAS BEEN FORMED TO DEVELOP HIGH VOLUME COMPOSITE TECHNOLOGIES FOR AUTOMOTIVE APPLICATIONS
    • KRAIG BIOCRAFT LABORATORIES IS SEEKING TO EXPAND ITS SPIDER SILK BUSINESS IN VIETNAM
    • TORAY PLANS TO TARGET THE MARKET FOR HIGH VALUE SPUNBONDED FABRICS
  • EVENTS
    • THE 2017 EDITION OF TECHTEXTIL WAS HELD IN FRANKFURT, GERMANY, DURING MAY 9-12, 2017
  • INVESTMENTS
    • CONTITECH HAS OPENED A FACILITY IN CHINA FOR APPLYING ELASTOMER COATINGS TO FABRICS
    • GE AVIATION IS INCREASING ITS USE OF CERAMIC MATRIX COMPOSITE (CMC) RAW MATERIAL IN ORDER TO MASS PRODUCE SILICON CARBIDE FIBRE REINFORCED COMPOSITES
    • INDUSTRIAL TEXTILES COMPANY CHOMARAT HAS ANNOUNCED PLANS FOR INVESTMENT WORTH EURO35 MN
    • LENZING IS INCREASING ITS CAPACITY FOR PRODUCING LYOCELL FIBRE IN HEILIGENKREUZ
    • OXEON IS INVESTING EURO3 MN IN AN EXPANSION OF ITS ±45° TEXTREME SPREAD TOW WEAVING CAPACITY
    • PEGAS HAS CONFIRMED ITS INTEREST IN INVESTING IN SOUTH AFRICA
    • PERLON IS INVESTING IN SYNTHETIC FILAMENT PRODUCTION IN CHINA AND THE USA
  • JOINT VENTURES
    • ANDRITZ KÜSTERS AND ROLF RAMISCH HAVE SIGNED A COOPERATION AGREEMENT
    • CARRINGTON WORKWEAR HAS FORMED A JOINT VENTURE WITH TMG - ACABAMENTOS TÊXTEIS SA
    • COTTON INCORPORATED AND PURTHREAD TECHNOLOGIES HAVE ANNOUNCED A NEW COLLABORATION
    • OERLIKON AND TEKNOWEB MATERIALS ARE TO FORM A JOINTLY OWNED COMPANY TO DEVELOP TECHNOLOGY FOR THE HIGH GROWTH DISPOSABLE NONWOVENS MARKET
  • MARKETS
    • THE GLOBAL TECHNICAL TEXTILE MARKET IS EXPECTED TO BE WORTH US$244,032 MN BY 2022

Global technical textiles business update, June 2017

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 markets. The report contains news from the following innovative companies, other organisations and research centres: Ahlstrom, Allied Market Research, Andritz Küsters, Bentley Motors, Carrington Workwear, Chomarat, ContiTech, Cotton Incorporated, DuPont, GE Aviation, Kraig Biocraft Laboratories, Lenzing, Mitsubishi Rayon Co (MRC), Munksjö, Oerlikon Group, Oxeon, Pegas Nonwovens, Penso Consulting, Perlon, PurThread Technologies, Solvay Composite Materials, Teknoweb Materials, Toray Industries, Victrex and Zyex. "


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