Global Technical Textiles Business Update, 1st quarter 2015
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 price increases. The report contains insight and analysis of developments in a wide range of companies, other organisations involved in the sector and events, including Advanced Textile Research Group (ATRG) at Nottingham Trent University, AstenJohnson, Azerbaijan Investment Company (AIC), BondCote, Chem-Tex Laboratories, Chomarat, CIRFS (Comit? International de la Rayonne et des Fibres Synth?tiques - the European Man-made Fibres Association), the department of Electronics and Computer Science (ECS) at the University of Southampton, Eagle Nonwovens, Groz-Beckert, HeiQ, Heytex Group, ITMA, Johns Manville, Johnson Controls, Lectra, Lenzing Group, Polymer Group Inc (PGI), Preiss-Daimler Group, Sanitized, SGL Group, SouthWest NanoTechnologies (SWeNT), Sumgait Chemical Industrial Park (SCIP), Suominen and TenCate Protective Fabrics.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
AstenJohnson has acquired Eagle Nonwovens
Heytex Group has acquired BondCote
Johns Manville’s Glass Textiles business has been acquired by Preiss-Daimler Group
BUSINESS NEWS
CIRFS has published its latest statistical report on the man-made fibre industry
Sanitized is strengthening its distribution service in Europe
SGL has reduced the number of its business units from five to three as part of a cost savings
programme
Suominen will implement two new share-based incentive plans
Performance Share Plan 2015
Matching Share Plan 2015
TenCate Protective Fabrics has been selected to supply fabrics for firefighters’ uniforms for
fire brigades in the Twente Safety Region
Researchers at Nottingham Trent University and the University of Southampton will share a
grant of ?2.8 mn for the development of smart fabrics
EVENTS
ITMA 2015 will be held in Milan, Italy, during November 12-19, 2015
INVESTMENTS
Azerbaijan Investment Company, Sumgait Chemical Industrial Park and Southwest
Nanotechnologies have signed a memorandum of understanding relating to a major carbon
nanotube project
Chomarat is to increase its capacity for producing multi-axial glass fibre reinforcements
Groz-Beckert has opened a sales affiliate in Turkey
Johns Manville has announced a major upgrade to its US nonwoven glass mat production
facility
Production at Lenzing’s new Tencel fibre plant has been ramped up over six months
Suominen has launched an investment programme to support its growth strategy for 2015-17
JOINT VENTURES
HeiQ has entered into a joint venture with Chem-Tex Laboratories
Johnson controls has extended its strategic partnership agreement with Lectra
PRICE INCREASES
Polymer Group Inc (PGI) has increased the prices of its polypropylene-based roll goods
ACQUISITIONS, DIVESTMENTS AND MERGERS
AstenJohnson has acquired Eagle Nonwovens
Heytex Group has acquired BondCote
Johns Manville’s Glass Textiles business has been acquired by Preiss-Daimler Group
BUSINESS NEWS
CIRFS has published its latest statistical report on the man-made fibre industry
Sanitized is strengthening its distribution service in Europe
SGL has reduced the number of its business units from five to three as part of a cost savings
programme
Suominen will implement two new share-based incentive plans
Performance Share Plan 2015
Matching Share Plan 2015
TenCate Protective Fabrics has been selected to supply fabrics for firefighters’ uniforms for
fire brigades in the Twente Safety Region
Researchers at Nottingham Trent University and the University of Southampton will share a
grant of ?2.8 mn for the development of smart fabrics
EVENTS
ITMA 2015 will be held in Milan, Italy, during November 12-19, 2015
INVESTMENTS
Azerbaijan Investment Company, Sumgait Chemical Industrial Park and Southwest
Nanotechnologies have signed a memorandum of understanding relating to a major carbon
nanotube project
Chomarat is to increase its capacity for producing multi-axial glass fibre reinforcements
Groz-Beckert has opened a sales affiliate in Turkey
Johns Manville has announced a major upgrade to its US nonwoven glass mat production
facility
Production at Lenzing’s new Tencel fibre plant has been ramped up over six months
Suominen has launched an investment programme to support its growth strategy for 2015-17
JOINT VENTURES
HeiQ has entered into a joint venture with Chem-Tex Laboratories
Johnson controls has extended its strategic partnership agreement with Lectra
PRICE INCREASES
Polymer Group Inc (PGI) has increased the prices of its polypropylene-based roll goods
