Global Technical Textiles Business Update, 3rd Quarter 2014
This report provides a round-up of recent corporate developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; financial results; investments; joint ventures; and markets. The report contains insight and analysis of developments in a wide range of companies and other organisations involved in the sector, including: AGY, Ahlstrom, American & Efird, Archroma, Beta LaserMike, CTG/Taishan Fiberglass, Cygnet USA, DuPont, Engel Austria, Fill, Gutermann Holding, Jacob Holm, Johns Manville, Low & Bonar, M Dohmen, NDC Infrared Engineering, Pegas Nonwovens, Polartec, Pontetorto, SGL Group, Suominen and TenCate.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
American & Efird has acquired the global industrial and consumer thread business of Gutermann Holding
Archroma has acquired a 49% stake in textile dye and chemical specialist M Dohmen
Jacob Holm has acquired the DuPont Sontara spunlaced nonwovens business from DuPont
Protection Technologies
NDC Infrared Engineering and Beta LaserMike have merged to form NDC Technologies
Suominen has divested its Flexibles business area and emerged as a nonwovens company
BUSINESS NEWS
AGY and CTG/Taishan Fiberglass have started production of S-1 HM glass fibre
Cygnet USA has appointed a new vice-president of sales and set up new headquarters in Greenville, South Carolina, USA
Johns Manville has merged the European, American and Asian activities of its engineered
products business into one global business unit
Polartec has filed a patent infringement complaint against Pontetorto
SGL Group has implemented further cost saving measures under its SGL2015 programme
FINANCIAL RESULTS
Low & Bonar has reported a 6.6% increase in revenues in the first six months of 2013/14
Pegas Nonwovens has reported an 85.7% increase in its net profit in the first quarter of 2014
Business overview
Guidance for 2014
TenCate recorded a 13% decrease in earnings before interest, taxes and amortisation (EBITA) in the first half of 2014
Advanced Textiles & Composites
Geosynthetics & Grass
Other activities
Other financial information
INVESTMENTS
Ahlstrom has opened a line in China for manufacturing wall covering substrates
JOINT VENTURES
Engel Austria and Fill have entered into a partnership agreement relating to the manufacture of composites
MARKETS
The value of the global industrial protective clothing market is expected to reach US$4.06 bn by 2020
The value of the world market for filters is set to reach US$80 bn in 2018
The value of the wound care and wound closure market in Western and Eastern Europe is set to reach US$6.41 bn in 2019
ACQUISITIONS, DIVESTMENTS AND MERGERS
American & Efird has acquired the global industrial and consumer thread business of Gutermann Holding
Archroma has acquired a 49% stake in textile dye and chemical specialist M Dohmen
Jacob Holm has acquired the DuPont Sontara spunlaced nonwovens business from DuPont
Protection Technologies
NDC Infrared Engineering and Beta LaserMike have merged to form NDC Technologies
Suominen has divested its Flexibles business area and emerged as a nonwovens company
BUSINESS NEWS
AGY and CTG/Taishan Fiberglass have started production of S-1 HM glass fibre
Cygnet USA has appointed a new vice-president of sales and set up new headquarters in Greenville, South Carolina, USA
Johns Manville has merged the European, American and Asian activities of its engineered
products business into one global business unit
Polartec has filed a patent infringement complaint against Pontetorto
SGL Group has implemented further cost saving measures under its SGL2015 programme
FINANCIAL RESULTS
Low & Bonar has reported a 6.6% increase in revenues in the first six months of 2013/14
Pegas Nonwovens has reported an 85.7% increase in its net profit in the first quarter of 2014
Business overview
Guidance for 2014
TenCate recorded a 13% decrease in earnings before interest, taxes and amortisation (EBITA) in the first half of 2014
Advanced Textiles & Composites
Geosynthetics & Grass
Other activities
Other financial information
INVESTMENTS
Ahlstrom has opened a line in China for manufacturing wall covering substrates
JOINT VENTURES
Engel Austria and Fill have entered into a partnership agreement relating to the manufacture of composites
MARKETS
The value of the global industrial protective clothing market is expected to reach US$4.06 bn by 2020
The value of the world market for filters is set to reach US$80 bn in 2018
The value of the wound care and wound closure market in Western and Eastern Europe is set to reach US$6.41 bn in 2019