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Pegas Nonwovens has completed the issue of 2.5 billion crowns (US $112.85 million) of bonds maturing in 2018.
News18 Nov 2014Wacker Asahikasei Silicone, a Japanese joint venture of German-based chemicals group Wacker Chemie, opened a new laboratory for airbag applications today.
Nanofibre production company FibeRio Technology Corporation has launched a new generation of forcespinning equipment designed to meet the needs of fine fibre media producers and converters.
Lenzing’s sales fell by 62% to €1,357.7 million in the first three quarters of 2014, down from €1,447.0 million in the previous year. In the same period, the group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 16% against 2013 figures, equalling €159.8 million.
Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Illinois, US, has acquired Vita Nonwovens, LLC, a technical nonwoven solutions provider that serves the bedding, automotive, construction and medical markets.