Global technical textiles business update, 4th 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, investments, joint ventures, and price increases. The report contains insight and analysis of developments in a wide range of companies and other organisations involved in the sector, including Ahlstrom, Archroma, Battery Ventures, Chomarat, DSM Dyneema, Hexcel, Hollingsworth & Vose, James Heal, JS Gloves, Kelheim Fibres, Kimberly-Clark, Lenzing, Polymer Group Inc (PGI), Sigmatex, Teijin Aramid, Teijin Group and TenCate.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Archroma has agreed to acquire the textile chemicals business of BASF
James heal has been acquired by Battery Ventures
Kimberly-Clark has completed the spin-off of its Health Care Business
BUSINESS NEWS
Ahlstrom has simplified its organisational structure
DSM Dyneema has been successful in its action against a third party application for the trademark Chyneema
Lenzing has announced restructuring and staff reductions in its engineering, maintenance and Lenzing Technik business areas
Teijin has announced dramatic restructuring initiatives
Cornerstones of revised plan
Outline of revised plan
INVESTMENTS
Ahlstrom has opened a new service centre in Vilnius, Lithuania
Chomarat has opened a new facility in the USA for manufacturing textiles for advanced composites
Hexcel is to build a carbon fibre plant in Roussillon, France
Kelheim Fibres has expanded its capacity to enable it to produce wet tow and wet short cut fibres, meet customer demand for speciality products and facilitate innovation in developing flushable products
Polymer Group Inc (PGI) has installed a second hydroentanglement line at its facility in Benson, North Carolina, USA
Sigmatex has selected South Carolina, USA, as the location for its fifth carbon fibre textile manufacturing facility
JOINT VENTURES
A consortium of TenCate, Norma and others has received Euro1.5 mn for smart production in the factory of the future
JS Gloves has become DSM Dyneema’s first premium manufacturing partner for cut-resistant gloves in Europe
PRICE INCREASES
Ahlstrom has increased the prices of materials produced by its Building and Energy business area
Hollingsworth & Vose has increased the prices of its high efficiency and speciality filtration products
Teijin Aramid has increased the prices of its Twaron aramid products
ACQUISITIONS, DIVESTMENTS AND MERGERS
Archroma has agreed to acquire the textile chemicals business of BASF
James heal has been acquired by Battery Ventures
Kimberly-Clark has completed the spin-off of its Health Care Business
BUSINESS NEWS
Ahlstrom has simplified its organisational structure
DSM Dyneema has been successful in its action against a third party application for the trademark Chyneema
Lenzing has announced restructuring and staff reductions in its engineering, maintenance and Lenzing Technik business areas
Teijin has announced dramatic restructuring initiatives
Cornerstones of revised plan
Outline of revised plan
INVESTMENTS
Ahlstrom has opened a new service centre in Vilnius, Lithuania
Chomarat has opened a new facility in the USA for manufacturing textiles for advanced composites
Hexcel is to build a carbon fibre plant in Roussillon, France
Kelheim Fibres has expanded its capacity to enable it to produce wet tow and wet short cut fibres, meet customer demand for speciality products and facilitate innovation in developing flushable products
Polymer Group Inc (PGI) has installed a second hydroentanglement line at its facility in Benson, North Carolina, USA
Sigmatex has selected South Carolina, USA, as the location for its fifth carbon fibre textile manufacturing facility
JOINT VENTURES
A consortium of TenCate, Norma and others has received Euro1.5 mn for smart production in the factory of the future
JS Gloves has become DSM Dyneema’s first premium manufacturing partner for cut-resistant gloves in Europe
PRICE INCREASES
Ahlstrom has increased the prices of materials produced by its Building and Energy business area
Hollingsworth & Vose has increased the prices of its high efficiency and speciality filtration products
Teijin Aramid has increased the prices of its Twaron aramid products
