Textination Newsline - May 15, 2012

© Outlast Technologies LLC 

Outlast: Takeover by Investment Group

Emerged from the Ploucquet Group, Outlast Europe GmbH, based in Heidenheim and manufacturers of climate regulating Phase Change Materials, has been taken over by Golden Equity Investments, a private equity firm that invests in operating businesses.

The private equity firm Golden Equity Investments (CFI) is based in Golden, Colorado / USA, and makes control investments in growing businesses in a variety of consumer and industrial markets. Outlast Technologies is a leading manufacturer of temperature-regulating phase change materials and is currently in the process to extend the European distribution of technical and highly functional materials and to improve sales.>> read more    

China's textile industry growth slows

BEIJING - China's textile industry, which contributes significantly to the country's exports, posted slower growth in the first quarter of 2012 due to weak external demand, according to National Development and Reform Commission (NDRC) data released on Thursday. Industrial output by major textile enterprises rose 14.7 percent year-on-year to reach 1.24 trillion yuan ($197 billion) in the first three months of this year, marking a slowdown of 16.92 percentage points from a year ago, the new figures showed. The combined profits of major textile companies dipped 2.21 percent year-on-year...

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SATRA 2012 PPE Innovation Awards

The first ever international Professional Clothing Awards event, held on 17th April at Coventry's Ricoh Arena. Over 120 entries from across 15 countries were received at what is the only event in the UK which is solely dedicated to the professional clothing industry. The awards were divided into 3 sections covering Business Managers, Suppliers and those for 'PPE Innovation', a category initiated by SATRA, a world-leading technology centre specializing in the research, development and testing of a wide range of products. JAL Group is particularly proud to receive the Best Innovations in Safety Footwear - "Highly Recommended" award for his Brand Jallatte - Jalintrepid boot.

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News

Carpet recycling for nonwovens

Wacker: price increase for dispersions

Eurojersey: Cosmetic textiles launched

Huntsman TE: Lower revenue

VDMA/AVK: Automation for manufacture of composites

Oerlikon: innovations at ITMA Asia

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Gruschwitz: Investment in production and infrastructure

Alexium: exclusive license to Duro Textiles

Oerlikon Textile: Increase in profitability in Q1/2012

Lenzing: stable sales in the 1st quarter 2012

Andritz: complete solutions for nonwovens

Pakistan: Decrease of textile machinery imports

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