Global Technical Textiles Business Update - ResearchAndMarkets.com

The "Global Technical Textiles Business Update" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.

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.

Key Topics Covered:

1. Summary

2. Acquisitions, Divestments And Mergers

• Dukane has acquired the rotary ultrasonic bonding specialist Aurizon Ultrasonics (Aurizon)
• Freudenberg Group has made an offer to acquire 100% of the shares of the UK-based technical textiles manufacturer Low & Bonar
• Solvay has moved forward with the sale of its polyamide 6.6 business to BASF
• Agreement with Domo Chemicals
• BASF's acquisition of Solvay's non-European polyamide 6.6 business
• Teijin will strengthen its European automotive business through the acquisition of Benet Automotive (Benet)

3. Business News

• GKN Aerospace plans to simplify its operations
• Knitting machinery manufacturer Stoll is to relocate its headquarters
• Lenzing branded fibres have been certified as being biodegradable in fresh water
• Researchers at Argonne National Laboratory have built a database of electrospinning parameters
• SGL Carbon has signed an extension to a contract relating to the supply of prepregs to Elbe Flugzeugwerke
• SGL Carbon has issued a profit warning as its chief executive officer (CEO) resigns
• Single-wall carbon nanotube (CNT) manufacturer OCSiAl has been valued at US$1 bn
• The Global Chemical Industry Round Table (GCIRT) and the Zero Discharge of Hazardous Chemicals (ZDHC)Foundation will promote sustainable chemistry and best practices in the textile, leather and footwear industries
• Skanwear has been awarded a contract to supply clothing which protects against arc flashes to ABB North America
• The US Air Force Maintenance Operations and Training Augmented Reality (MOTAR) Unit has selected the Forte Data Glove Enterprise Edition from BeBop Sensors for use in aircraft virtual reality (VR) simulations
• Unifi has placed an order for the latest yarn texturing machine from Oerlikon Barmag

4. Investments

• Arris Composites has gained funding to develop its additive manufacturing process
• Asahi Kasei is to increase its capacity for producing artificial suede
• Boston Materials has secured funding for the further development of a high performance three-dimensional (3D) carbon fibre composite
• CHTC Fong's International is to invest in Industry 4.0 in China
• Cortland Biomedical has opened a facility for designing, developing and manufacturing custom textile structures for the medical device industry
• Essity is to invest in a facility for producing pulp from fibre derived from plant-based agricultural by-products at its site in Mannheim, Germany
• International Fibres Group (IFG) has opened a research and development centre
• Lenzing Group has expanded its capacity for producing dissolving wood pulp in Austria
• Lenzing Group is to build the world's largest lyocell fibre plant in Thailand
• Royal Golden Eagle (RGE) has joined a group of investors to support the Finland-based startup company Infinited Fiber Company (IFC)

5. Joint Ventures

• Voith Composites and HRC (Hengrui Corporation) have signed a memorandum of understanding (MoU) to jointly develop hydrogen vessels for fuel cell electric vehicles (FCEVs)

6. Markets

• A new report from INDA and EDANA forecasts an excellent outlook for the global nonwovens market to 2023

Companies Mentioned

• ABB North America
• Argonne National Laboratory
• Arris Composites
• Asahi Kasei
• Aurizon Ultrasonics (Aurizon)
• BASF
• BeBop Sensors
• Boston Materials
• CHTC Fong s International
• Cortland Biomedical
• Dukane
• EDANA (the international association serving the nonwovens and related industries)
• Elbe Flugzeugwerke
• Essity
• Freudenberg Group
• the Global Chemical Industry Round Table (GCIRT)
• GKN Aerospace
• HRC (Hengrui Corporation)
• INDA (the Association of the Nonwoven Fabrics Industry)
• Infinited Fiber Company (IFC)
• International Fibres Group (IFG)
• Lenzing Group (Lenzing)
• Low & Bonar
• OCSiAl
• Oerlikon Barmag
• Royal Golden Eagle (RGE)
• SGL Carbon
• Skanwear
• Solvay
• Stoll
• Teijin Limited
• Unifi
• US Air Force Maintenance Operations and Training Augmented Reality (MOTAR) Unit
• Voith Composites
• Zero Discharge of Hazardous Chemicals (ZDHC) Foundation

For more information about this report visit https://www.researchandmarkets.com/r/8rbt3x

View source version on businesswire.com: https://www.businesswire.com/news/home/20191213005410/en/