Business
Lenzing achieves significant revenue and earnings growth within a deteriorating market environment
The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.
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Rieter to acquire Barmag from OC Oerlikon to accelerate its growth strategy and become a market leader in natural and manmade fibers
Rieter has signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million. The acquisition will create a globally leading player in natural and manmade fibers, headquartered in Winterthur, Switzerland, and is highly complementary to Rieter’s short-staple fiber business.
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KBR selected as key commercialization partner for Samsara Eco’s first-of-a-kind enzymatic recycling plant
KBR (NYSE: KBR) announced today it will support biotech innovator, Samsara Eco, to design its first-of-a-kind plastics and textile enzymatic recycling plant, due for completion in early 2028.
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DePoly to launch 500-tonne-per-year showcase plant
Swiss cleantech scale-up prepares to demonstrate industrial-scale implementation of its revolutionary technology that transforms plastic waste into virgin-quality raw materials without fossil fuels.
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eeden closes €18M series A financing to scale its breakthrough textile recycling technology
German tech startup eeden, which has developed a groundbreaking textile recycling technology, announces the completion of its €18 million Series A funding round. The round was led by Forbion, a leading venture capital firm based in The Netherlands, through its BioEconomy Fund. Also joining as new investors are Henkel Ventures, the strategic venture capital fund of Henkel, with deep expertise in surface and coating technologies through its consumer and industrial business, and NRW.Venture, the Venture Fund of NRW.BANK, North Rhine-Westphalia´s development bank.
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Magnera reports Q2 results, adjusts full-year outlook
Specialty materials company Magnera (NYSE: MAGN) has reported its second quarter fiscal 2025 results, showing a significant increase in net sales driven by its recent merger with Glatfelter, while slightly lowering its full-year comparable adjusted EBITDA guidance.
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Dilo Systems and Kansan Group partnership announcement
Dilo Systems GmbH, a Germany-based manufacturer specializing in complete nonwoven lines, and Kansan Group, a Turkish manufacturer specializing in nonwoven converting lines, end-of-line solutions, and Wetlaid Nonwoven machinery, have signed a strategic partnership agreement to supply custom nonwoven lines.
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Business
Adidas achieves strong start to 2025 with double-digit growth across all markets
Sportswear giant adidas has reported a significantly better-than-expected performance for the first quarter of 2025, reflecting strong momentum across both lifestyle and performance categories. The company posted a 13% increase in currency-neutral revenues, driven by 17% growth in the adidas brand and broad-based double-digit gains across markets, sales channels, and product segments.
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Culp announces strategic transformation of operating model following completion of restructuring initiatives
Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today announced the strategic transformation of its operating model to further position the Company for flexibility and growth. The Company will combine its two stand-alone operating divisions, Culp Upholstery Fabrics and Culp Home Fashions, into a single, integrated business designed to optimize operational agility and collaboration, further streamline costs and processes across its business, and, most importantly, increase responsiveness to customer needs and market trends.
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B.I.G. Yarns strengthens European market position with major investment in state-of-the-art yarn production
B.I.G. Yarns, a leading designer and manufacturer of polyamide (PA), polypropylene (PP), and polyester (PET) carpet yarns for commercial, automotive, residential, and technical applications, is proud to announce a significant investment of €25 million in its French yarn production site. This investment reinforces its commitment to innovation, sustainability, and European manufacturing. It includes the installation of cutting-edge BCF lines, enhancing B.I.G. Yarns’ leadership in one-step 3-ply yarns and further solidifying its position as a key player in the global market.
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Business
EDANA and INDA advocate for global collaboration on trade policies affecting the nonwovens industry
EDANA, the global association and voice representing the nonwovens and related industries, and INDA, the Association of the Nonwoven Fabrics Industry, jointly express their concerns regarding escalating trade tensions.
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CARBIOS announces fiscal-year 2024 financial results
CARBIOS, (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, today reported its operating and financial results for the financial year 2024. The financial statements as of December 31, 2024, were approved by the Company’s Board of Directors at their meeting on April 10, 2025[1].
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RE&UP and Marchi & Fildi join forces to develop Next-Gen recycled cotton yarns
RE&UP announces a new partnership with Marchi & Fildi to co-develop a new generation of premium recycled cotton yarns. The collaboration – currently at pre-industrial stage – combines RE&UP’s cutting-edge textile-to-textile recycling technology with Marchi & Fildi’s deep expertise in sustainable yarn development and manufacturing.
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