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Global Technical Textiles Market Q1 2014 Analysis

 
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Dallas, TX -- (SBWIRE) -- 05/30/2014 -- This report provides a round-up of recent corporate developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; financial results; investments; and joint ventures. The report contains insight and analysis of developments in a wide range of companies and other organisations involved in the sector, including: Ahlstrom, Ahlström Capital, Ahlstrom Fabricação de Não-Tecidos, Australian Future Fibre Research and Innovation Centre (AFFRIC), Bekaert Advanced Filtration, Clarcor, Companhia Providência Industria e Comercio, Cygnet Texkimp, Deakin University, EDANA (European Disposables and Nonwovens Association), Freudenberg Nonwovens, GE, INDA (International Disposables & Nonwovens Association), Johns Manville Europe, Jushi Group, Karl Mayer, LIBA Maschinenfabrik, Pegas Nonwovens, Polymer Group Inc (PGI), Purolator Advanced Filtration, Schoeller Technologies, SGL Group, SGL Rotec, Suominen, TenCate, Vestagen Technical Textiles and Zoltek.

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Table of Contents

Summary
Acquisitions, Divestments and Mergers
Ahlstrom has sold its hydroentanglement plant in Paulínia, Brazil, to Suominen Clarcor has acquired Bekaert Advanced Filtration and the Air Filtration Business of GE’s Power and Water division Karl Mayer has acquired majority ownership of Liba Maschinenfabrik Polymer Group Inc (PGI) will buy Companhia Providência Industria e Comercio SGL Group has sold its Rotor Blade Company, SGL Rotec

Business News
Ahlstrom has restructured its business to increase its focus on the medical and food packaging markets
Ahlstrom plans to establish a new service centre in Lithuania for accounting, customer service and finance operations Cygnet Texkimp has supplied a polyacrylonitrile precursor creel to the Australian Future Fibre Research and Innovation Centre (AFFRIC) EDANA and INDA have agreed to work together Johns Manville Europe has rebranded its nonwovens business and increased the prices of its polyester nonwovens for roofing
Jushi Group has opened a new glass fibre production plant in Egypt SGL group is streamlining its organisation as part of its SGL2015 restructuring programme SGL Group will close its graphite electrodes plant in Narni, Italy Pegas Nonwovens has commenced standard commercial production at its production line in

Egypt
Vestagen Technical Textiles has entered into a licensing agreement with Schoeller Technologies relating to the development of Vestex health care uniforms

Events
The 11th edition of Techtextil North America was held during May 13-15, 2014, at the Georgia World Congress Center in Atlanta, Georgia, USA

Financial Results
The board of management at SGL Group will not propose a dividend for its 2013 financial year
TenCate has reported a net profit of Euro19 mn for 2013 Advanced Textiles & Composites

Geosynthetics & Grass
Other activities
Outlook
Zoltek has reported a decline in its net sales and net income in 2012/13
Fourth quarter 2012/13
2012/13

Investments
Freudenberg Nonwovens will invest in advanced spunlaid technology
Polymer Group Inc (PGI) will invest US$8 mn at its facility in Waynesboro, Virginia, USA

Complete report available @ http://www.marketreportsonline.com/337818.html.

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A strong future for carbon, glass, synthetic and natural fibre textiles in composites @ http://www.marketreportsonline.com/337821.html.

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