2020 Global Technical Textiles Business Update - Acquisitions, Divestments & Mergers - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Technical Textiles Business Update, 2020" 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; and joint ventures.

Companies Mentioned

• 4M Carbon Fiber
• Adidas
• Ahlstrom-Munksj
• Asahi Kasei
• Austrian Fibers Institute (AFI)
• BMW Group
• Carbon Conversions
• Carbon Revolution
• Coats
• Continental Structural Plastics (CSP)
• Dell
• DuPont Biomaterials
• Fibre Extrusion Technology (FET)
• Fitesa
• Freudenberg Group
• Henkel
• Honeywell
• Hyundai Motor Company (Hyundai)
• Johnson & Johnson
• Lenzing Group (Lenzing)
• Mannington Mills
• Montefibre Carbon
• Pharr
• Pharr Fibers & Yarns
• Pharr High Performance (Pharr HP)
• Phenix Flooring
• Plastic Omnium
• SGL Carbon
• Terrafilum
• The University of Sheffield
• Vitrulan Composites and XG Sciences

Key Topics Covered:

1. SUMMARY

2. ACQUISITIONS, DIVESTMENTS, AND MERGERS

• Fibre-based products manufacturer Ahlstrom-Munksj is to divest its glass fibre reinforcement business to Vitrulan Composites
• Freudenberg Group has acquired the activities of start-up company Frictins
• Freudenberg Group has divested its South American hygiene nonwovens business to Fitesa
• Industrial thread company Coats has agreed to acquire high performance engineered yarns maker Pharr High Performance (Pharr HP)
• Textile products manufacturer Pharr is to sell its flooring divisions to Mannington Mills

3. BUSINESS NEWS

• Adidas is to close its Speedfactories in Germany and the USA
• Austrian Fibers Institute has announced plans for its first satellite event to be held in Asia
• Continental Structural Plastics (CSP) is investing US$70 mn in the construction of a new manufacturing facility in Seguin, Texas, USA
• Fibre Extrusion Technology (FET) has won a grant from Innovate UK for a research and development project relating to hollow filaments
• Johnson & Johnson will settle multiple lawsuits alleging deceptive marketing of surgical mesh devices
• Plastic Omnium has won a significant order for the development of carbon fibre reinforced plastic (CFRP) hydrogen storage tanks for use in buses
• The University of Sheffield has opened a new Advanced Manufacturing Research Centre (AMRC) in Wales, UK

4. INVESTMENTS

• Automotive materials and components supplier Asahi Kasei has opened a North American office
• BMW Group has invested Euro400 mn in its plant in Dingolfing, Germany, in preparation for the production of the iNEXT electric vehicle
• Honeywell is to increase its capacity for producing Spectra ultra-high molecular weight polyethylene (UHMWPE) fibre

5. JOINT VENTURES

• 4M Carbon Fiber and Montefibre Carbon will enter into a partnership to produce the world's cheapest industrial-grade carbon fibre
• DuPont Biomaterials and Lenzing Group (Lenzing) have collaborated in the development of an environmentally sustainable fabric collection
• Graphene nanoplatelet manufacturer XG Sciences and additive manufacturing (AM) filaments producer Terrafilum will jointly develop, produce and sell filaments and coatings enhanced with graphene-based materials
• Henkel and Carbon Revolution have reached a strategic material supply agreement
• Recycled carbon fibre specialist Carbon Conversions is working with Dell to create carbon fibre reinforced plastic (CFRP) covers for laptop computers
• SGL Carbon and Hyundai Motor Company (Hyundai) will extend a supply agreement relating to fuel cell components
  

For more information about this report visit https://www.researchandmarkets.com/r/86uzml