Second half turnover rise at Fountain Set

Hong Kong - Fountain Set (Holdings) Limited, a global leader in the manufacture of knitted fabrics, has announced its audited consolidated final results for the year ended 31st August, 2009. After one of the most difficult years in the company’s history, it says it saw gradual recovery especially in the second half of the financial year.

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Ahlstrom raises prices on wipes fabrics

Ahlstrom, a global leader in the development and manufacture of high performance nonwovens and specialty papers, today announced price increases on its nonwoven wipes fabrics, as a consequence of the rise of raw material costs.

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Karl Mayer launches high speed raschel with CFRP components

Obertshausen - Karl Mayer’s says its RSE 4-1 is definitely the fastest four-bar raschel machine in the world, and will soon have even more accolades heaped upon it. The machine will be re-launched in April 2010 as the most reliable machine in its series and will set new speed standards and operate with a high degree of accuracy, completely independently of climatic conditions.

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Fiberweb makes good progress in H2 2009

New York - Fiberweb plc, the international nonwoven fabrics producer, has published a pre close trading update, ahead of preliminary results for the twelve month period ending 31 December 2009, which are expected to be announced in February 2010. The company continues to make significant progress in the second half of 2009 and expects to exceed expectations for the full year to 31 December 2009.

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SRF to widen technical textiles portfolio

New Delhi - SRF Ltd, a leading Indian manufacturer of technical textiles, is planning to add to its product portfolio by entering the laminated fabrics sector. The company, which primarily relies on manufacture of nylon tyre cord, wishes to reduce its dependence on this.

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Rieter sells nonwovens interests to Andritz

Winterthur - Rieter Holding Ltd,. Of Switzerland has signed a contract with the international technology group Andritz, based in Graz, Austria, for the sale of the French company Rieter Perfojet S.A.S, a wholly owned subsidiary of the Rieter Group. This divestment is being made in the context of focusing on core activities in the Textile Division of Rieter.

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Second half turnover rise at Fountain Set

Hong Kong - Fountain Set (Holdings) Limited, a global leader in the manufacture of knitted fabrics, has announced its audited consolidated final results for the year ended 31st August, 2009. After one of the most difficult years in the company’s history, it says it saw gradual recovery especially in the second half of the financial year.

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