Global Technical Textiles Business Update, December 2018
This report provides a round-up of recent corporate developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; investments; and joint ventures. The report contains news relating to the following innovative companies, events, other organisations and research centres: Airbus, Andritz, Asahi Kasei, Autoneum, Continental Structural Plastics, Domtar, Drylock Technologies, Fabric Development, Fibertex Nonwovens, HeiQ, Inapal Pl?sticos, Indorama Ventures, Jacob Holm, JH Ziegler, Kordsa, Lanxess, Lenzing, Perlon, Prisma Renewable Composites, Safran, Sage Automotive Interiors, Simavita, Solvay, Sorepla Industrie, Spirit AeroSystems, Teijin Frontier, Teijin Limited, Textile Products and Xerium Technologies.
SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
Asahi Kasei has completed the acquisition of Sage Automotive Interiors
Indorama Ventures has expanded its plastics recycling capabilities with the acquisition of Sorepla Industrie
Kordsa in Turkey has acquired two US companies to target the aerospace market
Paper machine clothing (PMC) manufacturer Xerium Technologies has been acquired by Andritz
Teijin Frontier has acquired high performance nonwovens producer JH Ziegler and extended its range of materials for automobile interiors
Teijin has strengthened its automotive composites business further with the acquisition of components manufacturer Inapal
BUSINESS NEWS
Innovative textile effects developer HeiQ has upgraded the technology used in its HeiQ Smart
Temp products
Jacob Holm has reorganised its aramid fabric supply chain
Lenzing has put its US lyocell expansion project on hold
Solvay has extended contracts for the supply of composites to Airbus, Spirit AeroSystems and Safran
INVESTMENTS
Chemicals manufacturer Lanxess has opened a research laboratory in Italy which is focusing on aqueous polyurethane dispersions
Continental Structural Plastics is to invest in a French compounding line
Fibertex Nonwovens is expanding its capacity in order to target the South American nonwovens market
Fibre-based products manufacturer Domtar has invested in Prisma Renewable Composites
Lightweight automotive components and systems manufacturer Autoneum has opened two new production sites in China
Perlon is on track to complete planned investments in its manufacturing capacities in China, Germany and the USA
JOINT VENTURES
Simavita and Drylock Technologies have joined forces to promote smart diapers
ACQUISITIONS, DIVESTMENTS AND MERGERS
Asahi Kasei has completed the acquisition of Sage Automotive Interiors
Indorama Ventures has expanded its plastics recycling capabilities with the acquisition of Sorepla Industrie
Kordsa in Turkey has acquired two US companies to target the aerospace market
Paper machine clothing (PMC) manufacturer Xerium Technologies has been acquired by Andritz
Teijin Frontier has acquired high performance nonwovens producer JH Ziegler and extended its range of materials for automobile interiors
Teijin has strengthened its automotive composites business further with the acquisition of components manufacturer Inapal
BUSINESS NEWS
Innovative textile effects developer HeiQ has upgraded the technology used in its HeiQ Smart
Temp products
Jacob Holm has reorganised its aramid fabric supply chain
Lenzing has put its US lyocell expansion project on hold
Solvay has extended contracts for the supply of composites to Airbus, Spirit AeroSystems and Safran
INVESTMENTS
Chemicals manufacturer Lanxess has opened a research laboratory in Italy which is focusing on aqueous polyurethane dispersions
Continental Structural Plastics is to invest in a French compounding line
Fibertex Nonwovens is expanding its capacity in order to target the South American nonwovens market
Fibre-based products manufacturer Domtar has invested in Prisma Renewable Composites
Lightweight automotive components and systems manufacturer Autoneum has opened two new production sites in China
Perlon is on track to complete planned investments in its manufacturing capacities in China, Germany and the USA
JOINT VENTURES
Simavita and Drylock Technologies have joined forces to promote smart diapers