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Global Technical Textiles Business Update, 2022

  • ID: 5510624
  • Report
  • April 2022
  • Region: Global
  • 28 Pages
  • Textiles Intelligence Ltd.

FEATURED COMPANIES

  • Ahlstrom-Munksj?
  • Autoliv
  • Fitesa
  • Innovatec
  • Natureworks
  • Solvay

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 markets.

The report contains news relating to the following innovative companies and other organisations: Ahlstrom-Munksjӧ, Albany International, Andritz Group, Archroma, Autoliv, AquaCast Liner, Bast Fibre Technologies (BFT), Biosphere Corporation, CEMATEX, Coats, Essity, Faser Veredlung Tӧnisvorst (FVT), Fitesa, Fraunhofer ITWM, Freudenberg Performance Materials, IMCD, INDA, Indorama Ventures (IVL), Innovatec, Itema Group, Kelheim Fibres, Lamiflex, Lumberton Cellulose, Natureworks, Piaggio Group, Polychem Handelsges, Reifenhäuser Reicofil, Safran Aircraft Engines, Solvay, Teijin Group, Teijin Limited, Trillium, Trützschler, Vestas, Weitmann & Konrad (Weko), Welspun Advanced Materials, and Zoltek.

FEATURED COMPANIES

  • Ahlstrom-Munksj?
  • Autoliv
  • Fitesa
  • Innovatec
  • Natureworks
  • Solvay

SUMMARY
ACQUISITIONS, DIVESTMENTS AND MERGERS
  • Bast Fibre Technologies (BFT) has acquired Faser Veredlung Tönisvorst (FVT) and has agreed to acquire Lumberton Cellulose
  • Hygiene and health company Essity has acquired AquaCast Liner, a provider of products for fracture management
  • Machinery builder Itema Group has acquired composite components producer Lamiflex
  • Speciality chemicals distributor IMCD is to buy chemicals and additives provider
  • Polychem Handelsges

BUSINESS NEWS
  • Biopolymer manufacturer NatureWorks is moving to a new headquarters and research facility
  • Freudenberg Performance Materials is launching an initiative to highlight its sustainable products
  • Household and hygiene products manufacturer Biosphere Corporation has ordered a high capacity hydroentanglement line from Andritz Group
  • INDA has presented a plan on how it will support the nonwovens industry following the COVID-19 pandemic
  • Kelheim Fibres has increased its prices in response to rises in the wholesale cost of natural gas
  • Le Comité Européen des Constructeurs de Machines Textiles (CEMATEX - The European
  • Committee of Textile Machinery Manufacturers) has launched a new initiative to support start-up companies
  • Speciality chemicals company Archroma has relocated its headquarters in Switzerland
  • Sustainability certification has been awarded to two sites belonging to Indorama Ventures (IVL)
  • Teijin Limited is to carry out a life cycle assessment on its carbon fibres
  • The EU has provided three European partners with funding to continue the development of an
  • enzymatic process for recycling polyethylene terephthalate (PET)
  • The Fraunhofer-Institut für Techno- und Wirtschaftsmathematik (ITWM-Institute for Industrial Mathematics) is using digital simulations of production processes to optimise the filtration efficiency of meltblown fabrics
  • Trützschler has unveiled its latest comber machine
  • Vestas is planning to scale up wind turbine blade recycling partnerships

INVESTMENTS
  • Ahlstrom-Munksjö is using new testing capabilities to develop molecular filter media for the automotive and industrial filtration markets
  • Coats is to invest US$10 mn in an initiative to develop environmentally sustainable technologies and materials
  • Innovatec is to invest in a non-contact fluid application system from Weitmann & Konrad (Weko) for functionalising meltblown nonwovens
  • Spunmelt nonwovens producer Fitesa is to increase its production of sustainable spunmelt nonwovens by investing in a new line
  • Teijin Group has expanded its capacity for producing heat resistant prepregs
  • Welspun Advanced Materials has invested in a high speed hydroentanglement line supplied by Andritz Group
  • Zoltek is to increase its production of large tow carbon fibre

JOINT VENTURES
  • Autoliv and Piaggio Group have signed an agreement to jointly develop airbags for powered two-wheel vehicles such as scooters and motorcycles
  • Safran Aircraft Engines and Albany International have agreed to extend their partnership
  • Solvay and Trillium Renewable Chemicals (Trillium) are to work on the development of bio-based carbon fibre

MARKETS
  • Revenues generated by the global nonwovens industry will increase by a compound annual growth rate (CAGR) of 6% between 2020 and 2030, to US$68.1 bn
  • Sales of meltblown nonwoven fabrics have doubled because of the COVID-19 pandemic
  • Ahlstrom-Munksjӧ
  • Albany International
  • Andritz Group
  • Archroma
  • Autoliv
  • AquaCast Liner
  • Bast Fibre Technologies (BFT)
  • Biosphere Corporation
  • CEMATEX
  • Coats
  • Essity
  • Faser Veredlung Tӧnisvorst (FVT)
  • Fitesa
  • Fraunhofer ITWM
  • Freudenberg Performance Materials
  • IMCD
  • INDA
  • Indorama Ventures (IVL)
  • Innovatec
  • Itema Group
  • Kelheim Fibres
  • Lamiflex
  • Lumberton Cellulose
  • Natureworks
  • Piaggio Group
  • Polychem Handelsges
  • Reifenhäuser Reicofil
  • Safran Aircraft Engines
  • Solvay
  • Teijin Group
  • Teijin Limited
  • Trillium
  • Trützschler
  • Vestas
  • Weitmann & Konrad (Weko)
  • Welspun Advanced Materials
  • Zoltek