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Nonwovens
2026-01-29
Suominen reports weaker 2025 results amid market pressure and US supply incidents; no dividend proposed
Suominen Corporation has published its unaudited Financial Statements Release for January 1–December 31, 2025, describing the year as an “unsatisfactory performance in a challenging environment”. Net sales and profitability declined year-on-year, reflecting lower volumes, adverse currency effects and intensified competition, while the company points to two significant incidents at its US facilities that constrained supply and weighed on both sales and profitability in the third and fourth quarters.
...moreMan-Made Fibers
2026-01-29
Beaulieu International Group announces acquisition of fibre company
Beaulieu International Group (B.I.G.) today announces it has signed a share purchase agreement to acquire all shares of IFG Asota GMBH, an Austria-based fibre company and a key player in the global synthetic staple fibres market. This strategic acquisition strengthens Beaulieu’s Fibres Division (BFI) and marks an important step in its ambition to become the world’s most trusted partner for sustainable nonwoven solutions.
...moreEurope
2026-01-27
EU and India conclude landmark Free Trade Agreement
The EU and India concluded negotiations today for a historic, ambitious and commercially significant free trade agreement (FTA), the largest such deal ever concluded by either side. It will strengthen economic and political ties between the world's second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges, highlighting their joint commitment to economic openness and rules-based trade.
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