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Adient to purchase Futuris Group
Automotive seating supplier Adient has signed a definitive agreement to acquire Futuris Group for US$360m, including the assumption of US$18m of net debt. Adient expects the transaction to add US$500m in revenue on an annual basis.
Anker launches lightweight flat-woven aircraft carpet
Launched earlier this year, new Flooro flat-woven aircraft carpet looks more like a fabric and weighs 30-70% less than conventional carpeting, but is extremely hard-wearing, says German carpet maker Anker.
Indorama Ventures to acquire DuraFiber Technologies
Global chemical producer Indorama Ventures (IVL) has entered into an agreement to acquire DuraFiber Technologies DFT México Operations, a producer of durable technical textiles for industrial, tyre reinforcement and speciality applications.
New adhesion system for textile reinforcement materials
The Tire division of Continental and Kordsa, a supplier of textile reinforcing materials for the tyre industry, are working together on a new, sustainable adhesion system standard for bonding textile reinforcing materials to rubber-based compounds.
Temperature-protection solution for air cargo
Emirates SkyCargo, the freight division of Emirates, is introducing White Cover Xtreme, developed in collaboration with DuPont, which offers enhanced protection for temperature-sensitive cargo in hot, cold and wet weather conditions.
Porsche unveils first braided carbon wheels
Porsche has become the world’s first vehicle manufacturer to offer lightweight wheels made from braided carbon fibre. They will be available from January 2018 as an option for the Porsche 911 Turbo S Exclusive Series.