Arville, a UK based leading technical textiles specialist, has shared some positive outlook on the future of the UK technical textiles industry this week, commenting on the potential for future growth in the innovative sector.

According to Andy Smith, Group Head of Marketing at Arville, the trend to drive out costs through light-weighting presents an opportunity for further expansion as engineered textiles are used more in substitute of other heavier materials. You can read the full interview with Andy Smith about the company’s strategy and re-branding here – Interview with Andy Smith, Group Head of Marketing at Arville.

Russia aims to attract foreign investment

Another market that is expecting to see more growth in the near future is the Russian technical textiles and nonwovens sector, which is set to attract more foreign investment by becoming a focus of the Russian government’s growth strategy.

As part of this strategy, the government plans to design a package of measures, the implementation of which should stimulate foreign investment. These measures are expected to be officially presented on 16 June, during the St. Petersburg Economic Forum, one of Europe’s most important events in the field of business and investment.

According to some Russian analysts, a wave of foreign acquisitions aimed at expanding their production capabilities is awaiting Russian technical textiles producers. Find out more in Eugene Gerden’s report – Russia aims to attract foreign investment in national technical textiles industry.

Coats acquires high performance fibres producer

Meanwhile, in Europe, a number of the industry’s leading players have reported progress on their expansion programmes. A UK based industrial thread manufacturer Coats has acquired Gotex, a Spanish company which designs and manufactures high performance fibres, yarns and tapes used in the telecommunications, energy and oil and gas sectors. This is the first acquisition for Coats’ Speciality business that is fully aligned with the company’s growth strategy.

According to Coats, Gotex’s fibreglass coating technology and products will complement the company’s existing coated aramid product range. Since there is much synergy between the product offerings, the companies aim to provide an enhanced range of products to the fibre optics cable industry. Read the full story here – Coats acquires high performance fibres producer Gotex.

NTPT appoints US distributor to support its expansion strategy

Staying in Europe – North Thin Ply Technology (NTPT), a leader in lightweight prepreg materials, has appointed Technology Marketing (TMI) as its distributor for the USA, to support its growth strategy.

The distribution agreement covers the company’s complete range of prepreg materials and engineered composite products. According to the company, the experience and technical expertise of TMI's team will support the continued expansion of NTPT's US business. Find more details here – NTPT appoints Technology Marketing as US distributor to support its expansion strategy.

Sicomin extends its global sales reach

Another European company, Sicomin, a leading formulator and supplier of technically superior, high strength epoxy solutions, has appointed two new distributors in order to support the company’s growing global distribution network.

Modest Marketing LLC, a chemical raw material supplier, UAE, and Tila Co, a strategic partner for composite materials and derivatives, Turkey, will be both supplying their respective customers with Sicomin’s extensive range of pre-formulated and custom made epoxy systems. These include Sicomin’s industry accredited range of Fire Retardant products and Greenpoxy advanced bio-resin. Find out more here – Sicomin appoints UAE and Turkish distributors to extend its global sales reach.

New video on Italian sustainable technology

ACIMIT, the Italian Association of Textile Machinery Manufacturers, has also taken the opportunity to promote Italian textile machinery makers by releasing a new video that aims to highlight the ongoing commitment of Italy’s manufacturers to sustainable technologies.

The video illustrates ACIMIT’s Sustainable Technologies project and demonstrates the data of a recent survey conducted to quantify the benefits reaped from the adoption of Italian Green Certified machinery. Watch the full video here – ACIMIT presents new video on Italian sustainable technology.

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Jana Bukolovska

Editorial Assistant

Billy Hunter is away