Autoneum acquires majority shareholding in Chinese automotive supplier Jiangsu Huanyu Group

Today, Autoneum signed an agreement to acquire 70 percent of the shares of Jiangsu Huanyu Group, a leading automotive supplier for acoustic and thermal management in China. Business Group Asia is thus expanding its customer base to include major Chinese vehicle manufacturers such as BYD, BAIC and GAC, and will significantly increase its annual revenue. The transaction is scheduled to close in March 2025.

Magnera emerges as a new global leader in the specialty materials and nonwovens industry

Glatfelter Corporation (NYSE: GLT) announced the successful completion of the merger between Berry Global Group Inc.’s (NYSE: BERY) Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”) and Glatfelter, resulting in the creation of Magnera (NYSE: MAGN) (pronounced ‘Mag-nair-uh’), the largest nonwovens company in the world, with a broad platform of solutions for the specialty materials industry. Magnera has begun trading on the NYSE under the new ticker symbol “MAGN” on Tuesday, November 5, 2024.

A Non-PFAS moisture barrier for use in firefighter turnout gear

Global diversified manufacturing leader Milliken & Company has announced the launch of Milliken Assure™, North America’s first non-PFAS, non-halogenated, flame-resistant moisture barrier for firefighter turnout gear. The new fabric is UL certified and exceeds NFPA 1971-2018 requirements.

Lenzing Nonwovens expands its LENZING™ Lyocell Dry fiber portfolio to offer cellulosic solutions for a wider range of applications

Lenzing Nonwovens, a leading supplier of regenerated cellulose fibers, is proud to announce the expansion of its LENZING™ Lyocell Dry fiber portfolio with two new cellulosic fibers – a fine dry fiber that delivers strength and softness and a coarse dry fiber which provides enhanced liquid and air flow. These two innovative products enable customers to confidently broaden their use of LENZING™’s wood-based[1] and biodegradable[2] fibers into a wider range of applications while maintaining exceptional performance.

Nonwovens / Technical Textiles

INDA calls for abstracts for the 2025 World of Wipes® (WOW) International Conference

INDA, the Association of the Nonwoven Fabrics Industry, is now accepting abstracts for the 18th annual World of Wipes® (WOW) International Conference, taking place from July 21-25, 2025, in Columbus, Ohio. Industry professionals are invited to submit abstracts on wipes products, raw materials, markets, and technologies until February 7, 2025.

Autoneum presented corporate strategy and medium-term targets with planned revenue growth up to CHF 3 billion

At the Capital Markets Day held in Czechia, Autoneum presented its new “Level Up” strategy, outlining comprehensive initiatives for the Company’s future growth and revised medium-term targets. Autoneum targeted revenue growth up to CHF 3 billion and an EBIT margin of 6% to 8% over the business cycle. The event also featured presentations on sustainability and innovation, along with plant tours in Bor and Volduchy, offering valuable insights into Autoneum’s sustainable production processes.

Nonwovens / Technical Textiles

Machine premiere and new business potential

The technical textiles sector offers lucrative opportunities for specialized manufacturers, but also for conventional textile companies that want to diversify. The KARL MAYER GROUP will be demonstrating how this promising potential can be exploited with its presence at the upcoming ITMA ASIA + CITME.