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Huhtamaki Changes Name of Molded Fiber Business Segment

Apr 25, 2017

Huhtamaki, a global specialist in packaging for food and drink, has changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017. Although the name change implies no ...

Tags: Huhtamaki, Molded Fiber

Huhtamaki Plans to Set up Three Flexible Packaging Units in Egypt and India

Nov 17, 2016

Finnish packaging firm Huhtamaki is planning to establish three new manufacturing units in a bid to boost its flexible packaging business. One of the three facilities is planned to be built in Cairo, Egypt while the other two units in ...

Tags: Huhtamaki, Flexible Packaging

Toray Industries Saw Net Profit Rise 11% to 14.7 Billion Yen

Aug 18, 2014

TOKYO — Textile maker Toray Industries saw net profit rise 11% to 14.7 billion yen ($142 million) in the April-June quarter on strong demand for carbon fibers that offset goodwill amortization expenses. Operating profit jumped 19% ...

Tags: Toray, Electrical, Electronics

Fujibo Holdings Posted a 5.1 Per Cent Decline in Its Consolidated Net Sales

Jan 6, 2014

Amidst a muted performance from its textiles business, Japan’s Fujibo Holdings, Inc. witnessed a dip in its overall sales revenue in H1 FY 2013-14. The company, which is engaged in the manufacture and sale of spun yarn, textiles ...

Tags: Fujibo, Textile

Teijin Limited Announced Today The Establishment of Teijin Corporation Limited

Oct 24, 2013

Teijin Limited announced today the establishment of Teijin Corporation (Thailand) Limited, a wholly owned subsidiary that will produce and sell newly developed meta-aramid fiber starting in July 2015. Production will be handled at a new ...

Tags: Textile

Toray Has Agreed to Acquire St. Louis-Based Large Tow Carbon Fibers Manufacturer Zoltek

Oct 1, 2013

Tokyo-based Toray Industries Inc. — a global conglomerate that operates businesses in numerous markets including Fibers & Textiles, Fashion & Apparel, Carbon Fibers & Composite Materials, Plastics, Chemicals and Films, among several ...

Tags: Textile

Lenzing Will Sell 85 Percent of Its Shares in Lenzing Plastics

Apr 25, 2013

Austria-based cellulosic fiber manufacturer Lenzing AG has announced it will sell 85 percent of its shares in Lenzing Plastics GmbH to an Austria-based bidding consortium led by Invest AG, the investment arm of the Raiffeisen Banking Group ...

Tags: Textile

Lenzing Succeeded in Achieving The Second-Best Business Result in Its History

Apr 18, 2013

In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...

Tags: Textile, Textile Industry

Oerlikon Group Delivered Strong Operational Performance During Strategic Transformation

Mar 7, 2013

Oerlikon Group reports full year and fourth quarter 2012 results. -Oerlikon increased profitability to EBIT margin of 14.5 % -EBIT up by 32.4 % to CHF 421 million; EBIT margin at 14.5 % -Strong margin improvement in Textile, Drive ...

Tags: Oerlikon Group, Textile, Sales, 2012

Offering Drying Line to Mill Ofhyogo Pulp in Japan

Feb 6, 2013

Metso will supply Hyogo Pulp Industries with a pulp drying line for its mill in Tanigawa, Japan as part of an order. The capacity of the new line, for which start-up is planned for the last quarter of 2014, will be 770 air dried tons per ...

Tags: Metso, Hyogo Pulp Industries, pulp drying line

The New Alliance Using Amicor Fibers and Yarns and The Sanitized Hygiene Function

Jan 4, 2013

The new alliance covers the co-branding of future product developments using Amicor fibers and yarns and the Sanitized hygiene function. The Amicor anti-bacterial and anti-fungal intelligent fiber – integrated technology was ...

Tags: Amicor fibers, yarns, Thai Acrylic Fibre, Santized AG

Oerlikon Has Agreed to Sell The Natural Fibers and Textile Components Business Units

Dec 31, 2012

OC Oerlikon Management AG, Switzerland, has agreed to sell the Natural Fibers and Textile Components business units of its Textile Segment to Jinsheng Group, China. The deal, based on an enterprise value of 650 million Swiss francs, is ...

Tags: Textile World, Textile, Textile Segment, fiber business

The Oerlikon Group Has Signed an Agreement

Dec 5, 2012

Significant reduction of Oerlikon's exposure to the textile industry from 53 % to 33 % of total sales Remaining Textile Segment to focus on the manmade fiber business Transaction based on an enterprise value of around CHF 650 million ...

Tags: The Oerlikon Group, Textile Components, Natural Fibers

Natural Fibre & Components Business Are Divested by Oerlikon

Dec 4, 2012

The Oerlikon Group has signed an agreement with the Jinsheng Group of China to divest the Natural Fibers and Textile Components Business Units from its Textile Segment.The divestment is an important strategic step to optimize and balance ...

Tags: agreement, Natural Fibers, Components Business

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