Global technical textiles business update, April 2023

23 pages, published in Issue 125, April 2023   Report price: Euro 470.00; US$ 615.00

This report provides a round-up of the latest developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; investments; and joint ventures. The report contains news relating to the following innovative companies and other organisations: 3M, Autoneum, BekaertDeslee, Borgers Group, Carbon Revolution, Continuum, Fairmat, Fibre Extrusion Technology (FET), Fraunhofer-Institut für Techno- und Wirtschaftsmathematik (ITWM--Fraunhofer Institute for Industrial Mathematics), HeiQ, Hollingsworth & Vose, Lenzing Group, North Carolina State University (NCSU), Oerlikon Nonwoven, RecyOuest, Renewcell, Stora Enso, Suominen, Trillium Renewable Chemicals, Trützschler Card Clothing (TCC), Under Armour, the US Department of Energy's (DOEs) Argonne National Laboratory (ANL), and Voodin Blade Technology.

SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

• Autoneum has acquired the automotive business of Borgers Group
• Carbon Revolution has signed a merger agreement with Twin Ridge Capital Acquisition

BUSINESS NEWS

• Digital simulations are being used by Fraunhofer ITWM to optimise the melt blowing process for making infection control nonwovens
• Fibre Extrusion Technology (FET) has reported record sales for 2022
• New technologies for producing meltblown and spunbonded filter media were highlighted by equipment maker Oerlikon Nonwoven at Filtech in February 2023
• Suominen is planning to close its nonwovens plant in Italy

INVESTMENTS

• Continuum is to build six industrial-scale factories to recycle composite wind turbine blades
• Fairmat has opened a plant for recycling carbon fibre and has secured Euro34 mn in funding
• Funding for a demonstration plant for producing bio-based acrylonitrile has been secured by Trillium Renewable Chemicals
• Hollingsworth & Vose (H&V) is to invest US$40.2 mn in expanding its facility in the USA
• RecyOuest has successfully started up a line supplied by Andritz for recycling materials derived from agricultural plastic waste nets
• Trützschler Card Clothing (TCC) is investing in the expansion of its facilities

JOINT VENTURES

• Dissolving pulp sourced from textile waste is to be supplied by Renewcell to Lenzing Group for producing cellulosic fibres
• HeiQ and BekaertDeslee have signed a licence agreement for the use of a finish which combats allergens in mattress ticking
• Methods which reduce the amount of energy required for producing meltblown nonwovens are being developed using simulations and artificial intelligence (AI) by the US Department of Energy (DOE) and 3M
• Stora Enso and Voodin Blade Technology have signed a partnership agreement to develop wind turbine blades made from wood
• Under Armour and North Carolina State University (NCSU) have formed a research partnership

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Four times a year, Technical Textile Markets provides an overview of the global man-made fibre, nonwoven and technical textile industries. It provides market data and analysis of new and established markets for technical textiles, and is essential reading for senior executives in (or supplying) the man-made fibre, nonwoven and technical textile sectors ? as well as for those who are not involved in the industry on a day-to-day basis, but who need an authoritative source which helps them to quickly gain an understanding of the key issues facing the companies which are actively involved in this fast-growing sector.
Reports in Technical Textile Markets include:
	company and country profiles ? giving you the opportunity to learn from strategies employed by others, in terms of production, sourcing, import/export, infrastructure and development, and plans for the future.
	profiles of the world's top 40 producers of nonwovens ? updated each year with details of developments from each of the leading producers, including acquisitions, investments and divestments, and analyses of trends which the "rising stars" are using to their advantage.
	statistical reports ? including consumption data, by fibre and end-use applications. Regular updates are published for fibre consumption in Japan, the rest of Asia, the USA, and Western Europe.
	market sector information ? analyses of important commercial end-user applications, and profiles of both established and emerging markets which take into account such innovations and developments as nanotechnology and intelligent textiles.
	regular updates on innovations in fibres, technical textiles, apparel and machinery ? including developments in the following categories: fibres and yarns; technical textile fabrics for industrial applications; machinery; technical textiles for apparel; composites; other technical textile products; and technical textile treatments and finishes.
	reports on new technological developments and other topical issues ? with clear, authoritative comments on their economic and commercial significance. The reports bring to your attention the key issues which you can use to develop your business, and provides contact details of useful organisations.
So whether you are involved in man-made fibres, nonwovens or technical textiles ? in manufacturing, converting, import/export, or end use ? or if you are in education or consultancy or investment or finance ? a subscription to Technical Textile Markets will tell you what you need to know about the key trends in the industry.
Technical Textile Markets is available on subscription ? either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 4 printed publications a year. Each issue contains five research-based reports (see above) and an editorial.
Electronic supplement If you choose the printed and electronic option, you will receive an extra service. You will still receive each issue in printed format, delivered to you by traditional post. In addition, you will be able to download PDF files containing the same information ? but the PDF files will be available immediately on publication, so you don?t have to wait for the printing and mailing. You also have all the benefits of electronic files: instant access even when you are away from the office; convenient storage in your PC or laptop; portability; electronic search facility; and copy/paste facility. You will also receive a monthly update of business news, called "Technical Textiles Business Update" delivered to you by email, free of charge.
Technical textiles are used in a wide range of end-use applications and markets, including agricultural; automotive; building/ construction/ engineering; medical and hygiene; packaging; protective clothing; sports and sportswear; and transport. A subscription to Technical Textile Markets will support your decision making, and provide the information you need to expand into new markets.