The 15th ITMF Corona-Survey shows that the business situation plunged into negative territory in July 2022. The business situation is worse in Asia than in the rest of the world. Textile machinery is the only segment still in positive territory. Business expectations have also turned negative for the first time since the start of survey [...]
According to the latest PMI composite index data, economic activity in the manufacturing sector grew in August, with the overall economy achieving a 27th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply [...]
Avient Corporation, a provider of specialized and sustainable material solutions, has completed its purchase of the protective materials business of DSM (including the Dyneema® brand), which will now be called Avient Protective Materials and reported within the company’s Specialty Engineered Materials segment. “We proudly welcome our newest associates and valued customers joining us today,” said [...]
BASF and Sulzer Chemtech (GTC Technology) have signed a memorandum of understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. [...]
Diversified global manufacturer Milliken & Company has promoted David Smith to executive vice president and president of Milliken’s Textile Business. Stepping into this new role after more than 40 years with Milliken, Smith will oversee the company’s diverse textile portfolio that helps the company make a positive impact for generations to come. He moves into [...]
Culp Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) announced that Teresa Huffman has been named chief human resources officer. Huffman has served as the senior vice-president of human resources since 2018, and has now been named senior vice president, chief human resources officer. She will continue to report to Iv Culp, president and [...]
Advanced Functional Fabrics of America, Inc. (AFFOA), a non-profit public-private partnership focused on invigorating the American textile industry, has announced the promotion of Michelle Farrington to Chief Technology Officer (CTO). In this new role as CTO, Farrington will be leading AFFOA’s integrated technology development team, with responsibilities spanning business development, program management, and engineering. She [...]
Alkegen — a specialty materials platform that provides high performance materials used in advanced applications including filtration media, battery technologies, high-temperature insulation and fire protection — announced expansion efforts aimed at increasing its total micro-fine glass fiber (MFGF) manufacturing capacity by 30 percent. “Our advanced micro-fine glass fibers are critical components in many of the [...]
INDA appoints Ryan Ragan director of membership and industry relations. INDA, the Association of the Nonwoven Fabrics Industry, has named experienced operations and development officer Ryan Ragan as its new Director of Membership and Industry Relations to retain and grow memberships and enhance member values. He brings 20 years of experience from various bio-medical and [...]
Culp Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Forrest Buck has been named vice president of information technology for the company. Buck joined CULP in 1995 and has served in various capacities within the company’s IT department over his long tenure. Since June 2018, he has served as the director [...]
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