#Textile chemistry

2022-03-31

Ascend agrees to acquire Formulated Polymers Ltd.

Ascend Performance Materials has reached an agreement to acquire the compounding division of Formulated Polymers Limited, a leading engineered materials manufacturer in Chennai, India. This acquisition will establish Ascend’s first manufacturing base in the subcontinent and strengthen Ascend’s global reach in the electrical and e-mobility application space.

The deal includes a world-scale manufacturing facility in Chennai as well as warehouses throughout India. Formulated Polymers, which has operated over three decades as a polyamide compounder in India, is currently a licensee of Ascend’s Starflam® flame-retardant polyamides.

“Demand for our materials in India is strong and growing,” said Phil McDivitt, Ascend’s president and CEO. “The team at Formulated Polymers has built an excellent, diversified business with a proven track record of technology development in polyamides. We are excited to build on their expertise to drive additional value-added growth in India and beyond.”

Ascend, a fully integrated producer of durable engineered materials, has grown its global production footprint with five acquisitions over the last four years, each focused on specific synergies with the company’s core business. This acquisition provides a significant growth opportunity for Ascend in India, one of the highest growth economies in the world.

“Being customer-focused is one of our values,” said John Saunders, Ascend’s vice president for Europe, the Middle East, North Africa and India. “We look forward to supporting our customers in a fast-growing market by continuing to invest in capacity, technical resources and product development to meet their needs.”

The deal is expected to close on May 1, after receiving necessary approvals. Terms of the agreement were not disclosed.

“Production is a product”

From technical textiles and AI-driven robotics to the limitations of textile circularity: Professor Dr Thomas Gries looks back on more than two decades of development at ITA Aachen. In the interview, he explains why production technology remains a decisive success factor, discusses international collaborations and innovation ecosystems, and shares his views on the transformation of production landscapes and the challenges facing an increasingly regulated industry.

“We need to move away from the price trap and return to a value-driven mindset.”

With its new Textile Innovation Center, KARL MAYER is sending a strong signal for innovation, collaboration, and the future of textile applications. In this interview, Karl Josef Mayer discusses new opportunities in warp knitting, the processing of staple fibres, recycling, the changing role of machinery manufacturers, and why the textile industry must once again focus more strongly on the value of textiles. by Oliver Schmidt

“Innovation, resilience and international experience remain the great strengths of the Swiss textile machinery industry”

Geopolitical uncertainty, growing competitive pressure from China, new free trade agreements and the shift towards a circular economy are currently reshaping the global textile industry. In this interview, Cornelia Buchwalder discusses the current mood within the Swiss textile machinery sector, the industry’s distinctive innovative strength, new market opportunities in India and Asia, and the technological trends that could shape the upcoming trade fair cycle leading up to ITMA 2027.

SOKO presents low-impact denim finishing innovations at Denim PV Milan

SOKO will present a range of sustainable denim finishing technologies and collaborative projects at the upcoming Denim Première Vision Milan on 20–21 May in Milan. At booth G27 in Superstudio Più, the company will showcase new chemical solutions designed to combine fashionable denim effects with reduced environmental impact.

USColorworks expands digital platform with Kornit Atlas MATRIX and Atlas MAX PLUS solutions

Kornit Digital Ltd. (NASDAQ: KRNT), a global pioneer in sustainable, on-demand digital fashion and textile production, today announced that USColorworks, a North Carolina-based apparel decoration and fulfillment company specializing in custom and on-demand printing for retail and promotional markets, has expanded its Kornit digital production platform with the addition of Atlas MATRIX and Atlas MAX PLUS systems to deliver high-quality, on-demand apparel across cotton, blended fabrics and polyester.

Geotextiles made from recycled materials: GREEN leads the way into the industry

For the industry, recycled materials are creating new opportunities in geotextile production. In the GREEN project, the Fraunhofer Cluster of Excellence Circular Plastics Economy CCPE demonstrates that recycled polypro-pylene (PP), polyethylene terephthalate (PET), and high-density polyeth-ylene (HDPE) can be processed into nonwovens, fibers, and membranes that meet industrial requirements. This creates opportunities for use in existing production lines and new value chains in the geotextile market.

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

ReHubs elects new Board of Directors to lead the next phase of ReHubs’ strategy to recycle 2.7 million tonnes of textile waste annually by 2035

ReHubs has elected its new Board of Directors, marking an important milestone as the industry alliance continues to accelerate the industrial scale-up of textile-to-textile recycling across Europe. The election took place during the ReHubs Annual Event in Brussels on June 23rd, held alongside the Textile Recycling Expo and Future Fabrics Expo. The newly elected Board combines expertise from across the textile value chain, reflecting ReHubs' collaborative approach to solving the industry’s textile waste crises.