Business
ANDRITZ airlay line for sustainable nonwovens production starts up at Carolina Nonwovens
International technology group ANDRITZ has supplied and commissioned a neXline airlay system at the Carolina Nonwovens plant in Ohio. This marks the first installation of the new generation airlay line in the United States. The state-of-the-art system processes recycled fibers into nonwovens for automotive and industrial sectors, helping to reduce waste and enhance resource efficiency.
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KARL MAYER wins trademark dispute
KARL MAYER’s textile machines are renowned for their outstanding quality, efficiency and dependability, ensuring the high level of performance customers expect. As a global market leader, the company has registered trademarks for many of its innovative products, including PROWARP for its sectional warping machine in 2015, KARL MAYER PROSIZE for its sizing machine in 2012 and PRODYE for its indigo dyeing unit in 2018.
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Jakob Müller Group acquires MEI International, expanding narrow fabric weaving solutions
Jakob Müller Group (JMG), a global leader in narrow fabric weaving machinery, today announced the acquisition of 100% of the shares of MEI International, effective January 1, 2025. With a history spanning over 50 years, MEI is a renowned Italian manufacturer of wide label weaving machines. This strategic acquisition combines the strengths of two industry pioneers, creating a comprehensive portfolio of solutions for woven label production.
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Sustainable and efficient - Barmag's technologies for the Vietnamese textile industry
At SaigonTex from 9 to 12 April 2025 in Ho Chi Minh City, Vietnam, Barmag, a subsidiary of the Swiss Oerlikon Group, will be presenting comprehensive end-to-end solutions from a single source for its Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven product brands. At the Saigon Exhibition and Convention Center, the experts from the manmade fiber technology provider will be explaining their sustainable machine and system solutions at the Illies Engineering Vietnam Co., Ltd. stand (Hall A, Stand 1J01).
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Polymer Processing Solutions is operating under the Barmag brand again
The Polymer Processing Solutions Division Of Swiss Oerlikon is returning to its roots and will now be operating under the renowned brand name Barmag again This step is part of Oerlikon's long-term pure-play strategy, with which the company intends to further expand its market position as a leading supplier of surface technologies while continuing to manage the manmade fibres business in an independent subsidiary. In 2024, the Polymer Processing Solutions business stabilised despite a challenging market environment.
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Changes to the Supervisory Board of Lenzing AG
Ahead of the Annual Geneal Meeting of listed company Lenzing AG to be held on April 17, 2025, the Nomination Committee has revised the future composition of the Supervisory Board. Cord Prinzhorn, the current Supervisory Board Chairman is stepping down from the Supervisory Board with the end of his mandate, to focus on his existing and new engagements within B&C Group going forward.
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DYNEEMA® announces collaboration with TOYOBO MC
Dyneema®, owned by Avient Corporation, (NYSE: AVNT), an innovator of materials solutions, is proud to announce a strategic collaboration with Toyobo MC Corporation, based in Kita-ku, Osaka. This collaboration aims to promote the use of high-performance high-modulus polyethylene (HMPE) fiber for mooring systems in floating offshore wind turbines (FOWT) in the Japanese market, leveraging the expertise of both companies to drive growth and innovation in the renewable energy sector.
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Business
Suominen reports moderate improvement in comparable EBITDA for full-year 2024
Suominen Corporation has released its financial statements for the full year 2024, reporting a moderate improvement in comparable EBITDA despite ongoing market challenges. The company's performance was driven by higher sales volumes, although lower raw material costs led to a decline in average selling prices.
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Inside Information: Suzano will not invest into next steps of collaboration with Spinnova
Suzano will not invest into the next steps of the collaboration with Spinnova. Spinnova and Suzano have agreed to begin a strategic review of Woodspin and will renegotiate the exclusivity rights. Spinnova will commence its own strategic review.
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SGL Carbon decides to restructure its Carbon Fibers business unit
The Board of Management of SGL Carbon SE today decided, with the approval of the Supervisory Board, to restructure the loss-making Carbon Fibers business unit. SGL Carbon will significantly reduce the business activities of Carbon Fibers and focus on a profitable core. Individual solutions are being developed for all Carbon Fibers sites, including the closure of unprofitable sites.
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Business
KARL MAYER: Transformation focused on the future
The global textile markets are facing significant structural changes and a continued economic downturn. KARL MAYER is actively meeting these challenges and realigning itself - with clear decisions that ensure long-term innovative strength and competitiveness. In future, the long-established family company will be focusing once again on its core business areas - warp knitting, warp preparation and technical textiles.
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Autoneum again achieves revenue growth in the 2024 financial year
In the 2024 financial year, the global automotive industry recorded a slight decline in production of –1.1%* compared to the previous year. In this weakening environment, Autoneum increased its consolidated revenue in Swiss francs by CHF 36.4 million to CHF 2 338.7 million. Excluding translational effects from the conversion of local currencies into Swiss francs, revenue rose by CHF 96.1 million or 4.2% to CHF 2 398.5 million, which is in the middle of the guidance of CHF 2.3 billion to CHF 2.5 billion.
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Americhem expands research and development capabilities with new laboratory facility in Silvassa, India
Americhem, Inc. has announced the opening of a new research and development center in Silvassa, India. This new facility, located at Olive Industrial Park, will enhance Americhem's ability to provide faster and more localized service to customers throughout India and Southeast Asia. The 4000-sf center will offer specialized testing services for masterbatch color development, particularly for melt spinning and textile manufacturing customers. Additionally, it will provide field and technical services to support customer-specific requirements.
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