Fibres, Yarns & Fabrics
Vestagen Technical Textiles has raised an additional $7.3 million in an extension of its recent financing round. Existing investor Advent Life Sciences was joined in the extension by new investors Sofinnova HealthQuest Capital and the Clearwell Group.
The extension brings the total raised by Vestagen in this financing round to $15.5 million. In conjunction with the financing extension, Randy Scott, partner at Sofinnova HealthQuest Capital, is joining the Vestagen Board of Directors.
Global bioplastics leader NatureWorks and 3Dom Filament, a new technology startup with extensive Ingeo PLA technical experience, are supporting the rapidly growing 3D printing industry by combining the latest NatureWorks’ Ingeo PLA resins with 3Dom’s state-of-the-art filament manufacturing processes.
Ireland based 3DOM Filament is an independent company newly formed to supply Ingeo filament to the additive manufacturing market.
The Carbon Company has announced the details of the organisational restructuring, which is one part of the cost savings programme SGL2015.
The restructuring focuses on streamlining the management structures and the corporate and support functions. The global P/L responsibility of the Business Units will be strengthened further. The planned restructuring will affect up to 300 positions group-wide, with approximately half of them in Germany.
Dr Jürgen Köhler, designated CEO, SGL Group said: “With this set of comprehensive measures we will make SGL Group more efficient and stronger, and strategically position the company for the future. It is our top priority to implement the defined measures in order to generate the planned €150 million in cost savings by end of 2015.”
The 15th edition of Shanghai International Nonwovens Exhibition (SINCE) 2013 was held successfully at Shanghai World Expo Exhibition & Convention Center from 23-25 October 2013, with an increase in visitors’ attendance of 11% over the last edition.
Covering over 25,000 gross square metres and hosting 389 exhibitors from 21 countries, SINCE 2013 exceeded expectations with rising attention from all over the world, organisers report.
Kraig Biocraft Laboratories, the leading developer of advanced spider silk based fibres, has delivered the first shipment of its Monster Silk recombinant spider silk fibre to Warwick Mills.
Warwick is a leader in the engineering and development of advanced technical textiles and protective materials. According to the company, the shipment represents a key step in its collaborative development initiative with Warwick, which will target the development of advanced spider silk based textiles.
The town of Boennigheim has named a new access road to the internationally Hohenstein Institute after the name of Prof Dr-Ing. Otto Mecheels, the founder of the Institute. Otto-Mecheels-Straße leads from the Schlossfeld residential area to Schloss Hohenstein.
A new building was also named after the textile researcher at the Hohenstein Institute in October.
Technical warp knits specialist Baltex has launched Airospring, a range of lightweight and breathable pressure relieving cushions made from high-tech 3D knitted spacer fabrics. The product is said to be the result of many years of research by Quality of Life - QOL Design with the University of Bolton and Baltex Technical Textiles in the UK.
Using the latest three dimensional fabric technology new products have been developed to push the boundaries of comfort for cushions, Baltex reports.
EDANA, the international association serving the nonwovens and related industries, will co-sponsor a one-day workshop to promote the development of nonwovens and technical textiles in Indonesia at the Bandung Convention Centre on 17 December.
The programme will include a morning workshop with reports and discussions from the industry’s regional and global representatives, and an opportunity for companies to exhibit their products and network with industry participants in the afternoon.
A team of scientists from Korea Advanced Institute of Science and Technology (KAIST) has reported advancements in textile battery structures, which exhibit comparable electrochemical properties with metal foil cells and also have some of the features of textiles.
The new research, featured in a recent issue of Nanoletters, is said to help to address the problem of lack of textile properties such as drapability and wash durability of smart textiles containing electronic materials.
The leading international sports business exhibition ISPO Munich adds a number of new exhibitors to its 2014 lineup.
ISPO Munich will be held from 26-29 January at the Messe München exhibit centre and will now feature the new Padel Tennis Village, as well as the expanded Health segment with its own dedicated exhibit hall.