Rapid Development Of Global Technology Textile Industry In The First Quarter Of 2008
July 31st hearing, the first quarter of 2008, is a very busy period for the global technology textile industry. During this time, several important acquisitions were completed. Traction Partners, an investment company based in Holland, has acquired Diolen industrial fiber. Lenzing plastics become the new owner of Dolan. TenCate and Oranjewoud have completed the acquisition of Edel Grass. Performance fiber bought Invista in North American cord fabric and industrial polyester filament business, while Ter group incorporated Simon & Werner into the capsule.
Ahlstrom announced that its chief executive has resigned, and the company will reduce its capacity and increase its yield. Freudenberg nonwovens announced that the company will close two US production lines. DSM Dyneema has become an independent business group within DSM, Lenzing and TenCate are winning the bid to protect the fabric of the US Army. NanoHorizons and Piedmont merged to develop and sell anti microbial and moisture control textile auxiliaries. Oerlikon Neumag announced plans to expand its spin spinning factory in Germany.
Ahlstrom announced a new round of investment plans. Invista revealed that they planned to build a polyamide research and development organization, Lenzing invested heavily in fiber fibers, and Lurgi Zimmer plans to build a new polyamide plant in China. At the same time, recent market forecasts show that biodegradable polymers will develop rapidly. |
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