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Global technical textiles business update, January 2018

January 2018 | 20 pages | ID: GFC9B35C015EN
Textiles Intelligence Ltd

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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 from the following innovative companies, other organisations and research centres: Alfredo Grassi, Archroma, Arville, BASF, BASF New Business, Chomarat, Directa Plus, Faurecia, Fibertex Personal Care, Fibre Extrusion Technology (FET), Gurit, Hexcel, Innofil3D, Innovate UK, Interglas Technologies, Invista, Klopman, Lectra, Lenzing Group, M Dohmen SA Group, PHP Fibers, Porcher Industries, Reifenhauser Group, Rusvata, Shandong Ruyi Investment Holding, Standard Textile, Taihan Textile, Toray Industries, Toyobo Europe GmbH, Velox, Vestagen Protective Technologies and VTT Technical Research Centre of Finland.
SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

Archroma has acquired an additional stake in M Dohmen SA Group and formed a partnership with the company
BASF New Business has acquired Innofil3D, a producer of filament for three-dimensional (3D) printing
BASF plans to acquire the integrated polyamides business of Solvay
Invista has entered into an agreement to sell its Apparel & Advanced Textiles business
PHP Fibers has acquired the Breathair brand in Europe from Toyobo Europe GmbH
Porcher Industries has acquired Interglas Technologies

BUSINESS NEWS

A consortium led by VTT Technical Research Centre of Finland is to develop sustainable fibre-based products as alternatives to oil-based materials
Fibre Extrusion Technology (FET) has won a grant from Innovate UK for a melt spinning research and development project
Gurit will transfer its UK prepreg business to Gurit Spain by summer 2018
Hexcel plans to launch a UK government-backed project to develop multiaxial fabrics for composites and expand its UK manufacturing facility
Reifenhauser Group has established a new digital business unit called Reifenhauser Digital

INVESTMENTS

Fibertex Personal Care is to begin print production in the USA
Lenzing has opened an Application Innovation Center (AIC) in Hong Kong
Rusvata has installed a state-of-the-art Trutzschler spunlacing (hydroentanglement) line
Technical textiles specialist Arville has increased its spread-coating capacity

JOINT VENTURES

Chomarat has signed a new agreement with Velox relating to the distribution of carbon and glass reinforcements
Directa Plus has signed a contract with Alfredo Grassi to supply technical textiles incorporating Graphene Plus (G+) for high performance workwear
Klopman has agreed an exclusive partnership with Taihan Textile
Lectra and Faurecia have renewed a partnership agreement relating to automotive seating
Standard Textile and Vestagen have established a strategic partnership to market Vestex apparel for health care workers
Zoltek’s site in Hungary is to house a Toray polyphenylene sulphide production facility


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