FF TECHNICAL TEXTILE,update

 

| Technical Textile    Wednesday, May 14, 2025

What Happened This Week In Technical Textile Industry

US company Mativ’s sales drop 3.1% in Q1 FY25 Mativ reported Q1 FY25 sales of $484.8 million, down 3.1 per cent year-over-year, with adjusted EBITDA of $37.2 million,... Advertisement Finnish company Suominen’s sales up 3.4% in Q1 FY25 In the first quarter of 2025, Suominen’s net sales rose 3.4 per cent to €117.5 million (~$132.15 million), driven by...   US' Kimberly-Clark appoints Russ Torres as president & COO Kimberly-Clark has appointed Russ Torres as president and COO, effective immediately. He will oversee global operations... IDEA25, FiltXPO 2025 deliver success for nonwovens, filtration sectors INDA’s IDEA25 and FiltXPO 2025, held in Miami Beach, drew thousands of global leaders, featuring 650+ exhibitors,...   Advertisement Denmarks’ Schouw & Co hits $1.11 bn revenue in Q1, EBITDA down 13% Schouw & Co has reported revenue of DKK 7,928 million (~$1.11 billion) in Q1 2025, with EBITDA down 13 per cent YoY....   Austria’s Andritz starts spunlace line for IP LLC in Uzbekistan Andritz has successfully started up a neXline spunlace line for International Paper LLC in Tashkent, enabling high-quality... Belgian company Ontex shows margin resilience in Q1 amid soft demand Ontex reported Q1 revenue of €451 million (~$510.89 million), down 2.8 per cent like-for-like, with softer demand partly...   UK’s Solena secures $6.7 mn for AI-designed biodegradable textile Imperial spinout Solena Materials has raised $6.7 million to scale up production of sustainable, biodegradable protein... Advertisement

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