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Scandinavia on the Path to Circularity
With the Climate and Biodiversity Clocks Ticking, Scandinavian and Nordic Companies are Pioneering Innovation Toward Low-Impact, Circular Textile Production As fiber producers search for new ways to transition the textile industry away from petroleum-based raw materials, a lot of effort is taking place in Finland. Geographically a Nordic nation, but culturally Scandinavian, this northern European …
Biochemicals: A Future Path for Textiles Production?
In a world where 96% of products – including textiles – rely on chemical intermediates for their manufacture, the chemical industry urgently needs to find alternatives to fossil-based feedstocks to help tackle the climate crisis. In contrast to oil or natural gas, the use of renewable carbon from wood to produce bio-based products will have …
Has Diligence for M&A Deals Gone Too Far?
Investment Banking teams are focusing significant time collecting wide swaths of a client’s company data in the early deal phase prior to marketing the firm in a sell-process. The main reason for this action – anticipation of receiving the buyer’s third-party advisor diligence requests! For 2023, sellers of their business should anticipate closing their transaction …
Historic Decline in World Staple Fibers
Global supply of staple fibers in 2021 accounted for 58 million tonnes which meant for the first time in history losing their majority share in primary spinning stage. This decline in the second consecutive year softened their share to 49%, down from more than 80% during the 1980s. Natural fibers suffered from the fastest contraction …
Prognostication on Nonwovens in the Coming Year
One is often asked as a new year begins, what do you see on the horizon for the coming year? At INDA, the Association of the Nonwoven Fabrics industry, we are asked more specifically what we see occurring in the markets for nonwovens and fibers. There are a number of challenges and opportunities on the …