All News

15th Sep 2023

Finland-based Ahlstrom has appointed Niklas Beyes as CFO and Wolfgang Laures as COO, both joining the executive management team. Beyes, with experience in leading finance transformations, aims to support Ahlstrom's sustainable growth. Current CFO Jorn P Jensen is scheduled to exit on September 15 and Laures will assume the role of COO from October...

14th Sep 2023

Indian minister Darshana Jardosh emphasised innovation, increased commercialisation, and better technology access in medical textiles at Meditex 2023. She urged deeper collaboration between research entities and industries to further leverage tech advancements. The event also saw the release of a book marking 15 years of research in medical...

12th Sep 2023

In H1 FY23, Chargeurs reported a decline of 11.5 per cent in group revenue to €352.8 million, impacted significantly by a 23.1 per cent drop in its advanced materials division. However, a 16.4 per cent growth in the luxury division partly cushioned this fall. Despite a reduced operating margin of 4 per cent, net profit remained positive at €3.3...

12th Sep 2023

In the first quarter of fiscal 2023-24, India saw a modest 1 per cent increase in technical textiles exports, raising the total to ₹5,946 crore ($716.9 million). Analysis by the ITTA noted significant growth in several sectors including a 21 per cent increase in mobitech exports and a notable 91 per cent increase in speciality fibre segment.

11th Sep 2023

Kelheim Fibres will showcase eco-friendly innovations at the Global Fibre Congress. It will present a high-performance, plastic-free panty liner using water-repellent Kelheim Olea fibre. Additionally, it will also introduce a washable and reusable SUMO diaper made from bio-based materials and Kelheim specialty fibres, emphasising environmental...

11th Sep 2023

Techtextil India, taking place from September 12 in Mumbai, will feature over 160 players showcasing 200+ brands in the technical textile sector. The event aims to connect B2B trade visitors with manufacturers, suppliers, and dealers, including both Indian and global companies. India's technical textiles market is set to grow with government...

8th Sep 2023

Beaulieu International Group will showcase sustainable geotextile products at the 12th ICG Rome conference, emphasizing their commitment to eco- friendly civil engineering solutions. BFI offers low-carbon footprint PP fibres and bio-attributed MONO-PP. BTT provides woven geotextiles with reduced carbon footprint and enhanced sustainability benefits.

8th Sep 2023

Ontex’s chief financial officer, Peter Vanneste, will leave the company in early October 2023 for opportunities elsewhere. Until a successor is named, CEO Gustavo Calvo Paz will oversee the CFO’s responsibilities. Paz acknowledged Vanneste’s contributions, including steering Ontex through strategic transformations and challenging macro-economic...

6th Sep 2023

Nonwovens manufacturer Suominen’s three largest registered shareholders, Ahlstrom Capital BV, Etola Group Oy, and Oy Etra Invest Ab, have nominated members Lasse Heinonen and Mikael Etola to the Shareholders’ Nomination Board. Heinonen, CEO of A Ahlstrom Oy, was appointed by Ahlstrom Capital BV. Etola was appointed by Etola Group Oy and Oy Etra...