Released on = June 1, 2007, 10:45 pm

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = Executive Summary

The first quarter of 2007 was a busy period in global markets for technical
textiles. Ahlstrom signed agreements to acquire Orlandi's spunlace nonwovens
business in Italy and Fabriano Filter Media-a maker of microglass filter media.

Press Release Body = Global Technical Textiles Business Update: 1st Quarter 2007

Executive Summary

The first quarter of 2007 was a busy period in global markets for technical
textiles. Ahlstrom signed agreements to acquire Orlandi's spunlace nonwovens
business in Italy and Fabriano Filter Media-a maker of microglass filter media. DSM
Dyneema acquired Switzerland-based Pamako. Also, it won a legal battle after
alleging that China's Hangzhou Pivot International had infringed patents covering
its ultra-high molecular weight polyethylene (UHMWPE) Dyneema fibre. Danish
investment company LD Equity took complete ownership of Jacob Holm & Sons STA. The
latter owns Norafin, which manufactures technical and speciality nonwovens. It also
owns Tytex, which produces medical textiles for global healthcare companies.
Meanwhile, Whitestone took over Humanicare and created a US leader in adult
incontinence care products. In business news, Edana is concerned that anti-dumping
duties on polyester staple fibres are causing problems for European nonwovens
producers. Nonwovens manufacturer Fibertex is exploring the potential of
nanocoatings and Smith & Nephew plans to be the exclusive distributor of UDL
Laboratories' Biobrane Biosynthetic Wound Dressing outside the USA. Nanopeutics and
HemCon Medical Technologies have agreed to develop nano-scale nonwovens with
chitosan for the US Military. Tyco healthcare will be renamed Covidien before
separating from its parent company. And a consortium backed by the Department of
Trade and Industry (DTI) in the UK will develop textiles made from bioactive glass
nanofibres for medical applications. In investment news, Ahlstrom will spend Euro5
mn (US$7 mn) on a new dry-laid nonwovens line at its facility in Groesbeck, Texas,
USA. PGI will invest in a new technology to make "an entirely new category of high
performance, cost effective engineered materials" for wipes and other uses. d3o
lab-which makes the smart material d3o-has completed a multi-million pound round of
fund raising initiatives to fuel international growth and commercial expansion.
Meanwhile, Milliken has invested in a new microbiology laboratory at its Technical
Centre in Gent in Belgium. Research by Freedonia Group predicts that US demand for
geosynthetics will rise by 4.4% a year to 2010, reaching 796 mn m 2 (870 mn yd 2 ),
while demand for coated fabrics will increase by 3.2% a year to 569 mn m 2 . Demand
for wipes, on the other hand, will grow by 6.1% a year to US$2.2 bn in 2011.


For more information, Please visit : http://www.bharatbook.com/detail.asp?id

Web Site = www.bharatbook.com

Contact Details = 207, Hermes Atrium,
Sector 11, Plot No.57
CBD Belapur