Global technical textiles business update, 2nd 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; events; 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: Albany International, Andrew Industries, Arkema, Autefa Solutions, BASF, Bayer MaterialScience, China Petroleum & Chemical Corp (Sinopec), Clariant, Hexcel, Johns Manville, Johnson Controls, Lenzing, Lydall, Monadnock Non-Wovens, Performance Polymer Solutions Inc (P2SI), Polymer Group Inc (PGI), ROWA Lack, Safran, SGL Automotive Carbon Fibers, Stahl Holdings, TenCate, Toray Industries, Yanfeng Automotive Trim Systems Co Ltd and Zoltek.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Autefa Solutions has expanded its product range to include lines for making thermally bonded
nonwovens after acquiring intellectual property and trademark rights from Strahm Hi-Tex
System AG
Clariant has completed the sale of its Leather Services business to Stahl Holdings
Lydall has acquired the industrial filtration business of Andrew Industries Limited
The merger of Zoltek and Toray Industries has been completed
BUSINESS NEWS
Monadnock Non-Wovens is to help developers of nonwovens containing fine polypropylene fibres to move from pilot-scale to industrial-scale production
TenCate Protective Fabrics has received an order from Arkema for TenCate Tecasafe Plus
XL-9300 fabric for use in making protective garments
EVENTS
The International Conference on Textile Coating and Laminating (TCL 2014) will be held in
Cannes, France, during November 4-5, 2014
FINANCIAL RESULTS
Lenzing has reported a decline in sales for 2013
Polymer Group Inc (PGI) has reported a big increase in sales for the first quarter of 2014
TenCate has reported a 7% decline in revenues in the first quarter of 2014
Advanced Textiles & Composites Sector
Outlook
Zoltek has reported a decline in its net sales and a loss in net income in the first quarter of 2013/14
INVESTMENTS
Bayer MaterialScience has invested in facilities for developing coated textiles
Johns Manville is rebuilding and upgrading an E-glass furnace in Slovakia to satisfy growth in demand for lightweight composites in Europe
ROWA Lack has expanded its production of lacquers for coating technical textiles in China and has refurbished its facilities in South Korea
SGL Automotive Carbon Fibers will invest US$200 mn in creating the world’s biggest plant for making carbon fibre
JOINT VENTURES
Albany International and Safran have opened a plant for making three-dimensional (3D) woven resin-transfer moulded composite parts for aircraft engines
BASF and Sinopec have opened plants in Nanjing, China, to make superabsorbent polymers and acrylic acid
Johnson Controls and Yanfeng Automotive Trim Systems Co Ltd have formed a joint venture to create the world’s largest supplier of automotive interiors
TenCate Advanced Composites and Performance Polymer Solutions (P2SI) will develop, market and sell high temperature prepregs for the aerospace industry
ACQUISITIONS, DIVESTMENTS AND MERGERS
Autefa Solutions has expanded its product range to include lines for making thermally bonded
nonwovens after acquiring intellectual property and trademark rights from Strahm Hi-Tex
System AG
Clariant has completed the sale of its Leather Services business to Stahl Holdings
Lydall has acquired the industrial filtration business of Andrew Industries Limited
The merger of Zoltek and Toray Industries has been completed
BUSINESS NEWS
Monadnock Non-Wovens is to help developers of nonwovens containing fine polypropylene fibres to move from pilot-scale to industrial-scale production
TenCate Protective Fabrics has received an order from Arkema for TenCate Tecasafe Plus
XL-9300 fabric for use in making protective garments
EVENTS
The International Conference on Textile Coating and Laminating (TCL 2014) will be held in
Cannes, France, during November 4-5, 2014
FINANCIAL RESULTS
Lenzing has reported a decline in sales for 2013
Polymer Group Inc (PGI) has reported a big increase in sales for the first quarter of 2014
TenCate has reported a 7% decline in revenues in the first quarter of 2014
Advanced Textiles & Composites Sector
Outlook
Zoltek has reported a decline in its net sales and a loss in net income in the first quarter of 2013/14
INVESTMENTS
Bayer MaterialScience has invested in facilities for developing coated textiles
Johns Manville is rebuilding and upgrading an E-glass furnace in Slovakia to satisfy growth in demand for lightweight composites in Europe
ROWA Lack has expanded its production of lacquers for coating technical textiles in China and has refurbished its facilities in South Korea
SGL Automotive Carbon Fibers will invest US$200 mn in creating the world’s biggest plant for making carbon fibre
JOINT VENTURES
Albany International and Safran have opened a plant for making three-dimensional (3D) woven resin-transfer moulded composite parts for aircraft engines
BASF and Sinopec have opened plants in Nanjing, China, to make superabsorbent polymers and acrylic acid
Johnson Controls and Yanfeng Automotive Trim Systems Co Ltd have formed a joint venture to create the world’s largest supplier of automotive interiors
TenCate Advanced Composites and Performance Polymer Solutions (P2SI) will develop, market and sell high temperature prepregs for the aerospace industry
