Global Technical Textiles Business Update, 2nd Quarter 2013
This report provides a round-up of recent corporate developments in the global technical textile sector, including acquisitions, divestments and mergers, business news, financial results, investments and joint ventures. The report contains insight and analysis of developments in a wide range of companies and other organisations involved in the sector, including: Alexium Government Solutions (AGS), Alexium International, Aster Capital, Association of the Nonwoven Fabrics Industry (INDA), Autoliv, Avilon Fibres, BBM Bommidala Group, Coats, Composites One, Crailar Technologies, Dresden Papier, DSM Dyneema (DSM), Duro Textiles, European Disposables and Nonwovens Association (EDANA), FibeRio, Fiberweb, Filtrona, FNSS Savunma Sistemleri (FNSS), Fortress Paper, Freudenberg Nonwovens, Fulcrum SP Materials, Glatfelter, Invest, Kelheim Fibres, Lantal, Lenzing, Lenzing Plastics, O? Beteiligungsgesellschaft, Oxeon, SABIC Ventures, SGL Group, Teijin Aramid, Tr?tzschler Nonwovens, Ulinco Components, Ulinco Invest and Voith Paper.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Filtrona has acquired Ulinco Components
Glatfelter has acquired Dresden Papier
Kelheim Fibres has acquired flame retardant (FR) fibre know-how and technology from the bankrupt Finnish Company Avilon Fibres
Lenzing has sold an 85% stake in its Plastics business unit to a consortium of Austrian investors
BUSINESS NEWS
Alexium’s Licensee Duro Textiles has introduced Ascalon-treated polyamide flame retardant products
Alexium Government Solutions (AGS) has won a US government contract to develop fire retardant (FR) fabric treatments for military fabrics for the US Marine Corps
Composites One has become an authorised distributor of Oxeon’s TeXtreme products
Invista Engineering Polymers has started production at a new polyamide salt facility in the Netherlands
Teijin Aramid has strengthened its presence in Asia with the opening of a new office and a new technical centre in China
FINANCIAL RESULTS
Crailar Technologies has reported a net loss for the fourth quarter and the whole of 2012, and for the first quarter of 2013
Fourth quarter 2012
First quarter 2013
Lantal has reported a decline in sales in the whole of 2012
SGL Group has reported a slower than expected start to 2013 which has led to an adjustment of its annual guidance
Outlook
INVESTMENTS
Autoliv is building a new plant for manufacturing airbags in Thailand
Fiberio has raised funding from two principal strategic investors to continue development of its Forcespinning nanofibre production system
Fiberweb has announced a US$15 mn expansion project at its site in North America
Freudenberg Nonwovens is investing Euro5 mn in the expansion of its capacity for producing
Evolon products
The board of management and the senior management of SGL Group have bought SGL shares worth Euro3.6 mn (US$4.7 mn)
JOINT VENTURES
DSM Dyneema and FNSS have signed a letter of intent relating to future cooperation in the field of lightweight, high performance armour protection
Filtrona has formed a joint venture company with BBM Bommidala Group to manufacture and distribute cigarette filters in the Middle East and Africa
EDANA and INDA have joined forces to promote free and fair trade in nonwovens
The nanotechnology company Fulcrum SP Materials has signed a commercial partnership agreement with coats to develop new textile products
Tr?tzschler Nonwovens and Voith Paper have entered into an agreement relating to the joint development of machinery for producing wet-laid and hydroentangled nonwovens
ACQUISITIONS, DIVESTMENTS AND MERGERS
Filtrona has acquired Ulinco Components
Glatfelter has acquired Dresden Papier
Kelheim Fibres has acquired flame retardant (FR) fibre know-how and technology from the bankrupt Finnish Company Avilon Fibres
Lenzing has sold an 85% stake in its Plastics business unit to a consortium of Austrian investors
BUSINESS NEWS
Alexium’s Licensee Duro Textiles has introduced Ascalon-treated polyamide flame retardant products
Alexium Government Solutions (AGS) has won a US government contract to develop fire retardant (FR) fabric treatments for military fabrics for the US Marine Corps
Composites One has become an authorised distributor of Oxeon’s TeXtreme products
Invista Engineering Polymers has started production at a new polyamide salt facility in the Netherlands
Teijin Aramid has strengthened its presence in Asia with the opening of a new office and a new technical centre in China
FINANCIAL RESULTS
Crailar Technologies has reported a net loss for the fourth quarter and the whole of 2012, and for the first quarter of 2013
Fourth quarter 2012
First quarter 2013
Lantal has reported a decline in sales in the whole of 2012
SGL Group has reported a slower than expected start to 2013 which has led to an adjustment of its annual guidance
Outlook
INVESTMENTS
Autoliv is building a new plant for manufacturing airbags in Thailand
Fiberio has raised funding from two principal strategic investors to continue development of its Forcespinning nanofibre production system
Fiberweb has announced a US$15 mn expansion project at its site in North America
Freudenberg Nonwovens is investing Euro5 mn in the expansion of its capacity for producing
Evolon products
The board of management and the senior management of SGL Group have bought SGL shares worth Euro3.6 mn (US$4.7 mn)
JOINT VENTURES
DSM Dyneema and FNSS have signed a letter of intent relating to future cooperation in the field of lightweight, high performance armour protection
Filtrona has formed a joint venture company with BBM Bommidala Group to manufacture and distribute cigarette filters in the Middle East and Africa
EDANA and INDA have joined forces to promote free and fair trade in nonwovens
The nanotechnology company Fulcrum SP Materials has signed a commercial partnership agreement with coats to develop new textile products
Tr?tzschler Nonwovens and Voith Paper have entered into an agreement relating to the joint development of machinery for producing wet-laid and hydroentangled nonwovens
