Archive for August, 2012

Trade Liberalisation Holds the Key for Turkey’s Nonwovens Manufacturers Examines the Prospects for Growth in Nonwovens Production in Turkey

Saturday, August 18th, 2012

Research and Markets (http://www.researchandmarkets.com/research/h6ntnk/trade_liberalisati) has announced the addition of Textiles Intelligence’s new report “Trade Liberalisation Holds the Key for Turkey’s Nonwovens Manufacturers” to their offering.

“Trade Liberalisation Holds the Key for Turkey’s Nonwovens Manufacturers”

Production of nonwovens in Turkey doubled in the five years to 2011, an achievement partly credited to the recent, rapid acceleration in foreign direct investment in the country. Foreign companies have been attracted to investing in Turkey by its geographical proximity to key export markets, a young working demographic and low wage rates. Importantly, the country’s trade policies have been described as “the fifth most liberal in the world”. Several of Turkey’s nonwovens producers have invested in new production lines and innovative technologies to meet growing demand for nonwovens in the domestic market. This report examines the prospects for growth in nonwovens production in Turkey, and provides insight and analysis on some of the country’s leading nonwovens producers, including: General Nonwovens, Gülsan, Hassan Group, Mogul, Salteks & Salvin and Teknomelt. In addition, it assesses the potential market for several disposable nonwoven products in Turkey, and provides information and data on the leading companies which produce these products. (more…)

Andritz to introduce nonwoven lines for technical textile production

Thursday, August 16th, 2012

By David Stevenson

International technology group Andritz is to introduce a full range of complete nonwoven lines for the production of technical textiles during the CINTE 2012 exhibition, which runs from October 22-24.
At the event in China, Andritz Küsters, Andritz Asselin-Thibeau, and Andritz Perfojet will present the latest lines and advanced systems for high-end technical nonwovens at booth N5B21.
Andritz Perfojet will present its new Jetlace Evolution machine designed for technical fibres and durable products, such as automotive or filtration substrates. The Jetlace unit is said to offer efficiency either for high capacity or for bonding power dedicated to industrial applications.
In addition, Andritz Küsters has developed a new calender design especially for the production of delicate, technical textiles with very high density. The teXcal Trike is a 3-roll calender with S-Roll, Xpro Roll and heated steel roll in a triangular roll arrangement.
This configuration allows extremely flexible production by using one or two nips. Both nips are individually adjustable without influencing the other nip’s deflection characteristics. In comparison to standard 3-roll calenders with vertical roll arrangement, the teXcal Trike reduces seam loss to a minimum. (more…)

Buckeye Technologies’ CEO Discusses F4Q2012 Results

Tuesday, August 14th, 2012

Exerpts from BKI earning call.  For the full transcript visit seekingalpha.com

John Crowe

 

Due to the unplanned outage that began in mid-June and the subsequent downtime at our Foley facility, our financial performance was below the expectations we communicated with you on our earnings call in April. The impact of the outage on quarter four results was approximately $0.06 per share. Net sales revenue for the quarter was $225 million, off 10$ from our record fourth quarter revenue last year of $249 million and was a 4% improvement over the previous quarter. Approximately $5 million of the $24 million decline year-over-year was due to the sale of the converting business at King, North Carolina. The additional shortfall was due to lower shipment volumes and fluff pulp prices.

 

With a strong gross margin of 23.6$, our quarter four adjusted earnings of $26 million or $0.66 per share was a good quarter given the impact of the unplanned outage. This compares with adjusted earnings of $28 million, or $0.68 per share, and $27 million, or $0.67 per share, for the same quarter last year, and immediately preceding quarter respectively.

 

We continue to focus on generating strong cash flow and taking a balanced approach to the allocation of capital. During quarter four, we applied $22 million to share repurchases, $12 million to debt reduction, and increased our cash on the balance sheet by $10 million, leaving us with net debt on June 30th of approximately $11 million. As I can as first of August, our net debt is now zero. (more…)

Avgol brings on fourth production line

Monday, August 13th, 2012

By: Richard Craver | Winston-Salem Journal

An Israeli manufacturer of specialty fabrics said Tuesday it has started a fourth production line at its Mocksville plant.

Avgol America Inc. is part of Avgol Nonwoven Industries, based in Tel Aviv. The company makes nonwoven fabrics, primarily for manufacturers of baby diapers and adult incontinence and feminine hygiene products.

The opening of the production line July 30 represents the quick fulfillment of a jobs pledge Avgol made in February as part of a $35 million plant expansion.

Avgol now has 180 employees at the plant. (more…)

Global – Nonwovens Production Continues Positive Track

Saturday, August 11th, 2012

Production volume for nonwovens in 2011 grew 5.7%, with several market segments recording their best output ever in both tonnage and square meters, including baby diapers, medical, personal care wipes, civil engineering, automotive and agriculture, according to statistics from EDANA, the Brussels, Belgium-based International Association Serving the Nonwovens and Related Industries. EDANA’s public summary of its annual statistics on “Nonwovens Production and Deliveries for 2011” also show total deliveries reached the level of 1,897,748 tons and 55,740 million square meters in 2011. Globally, the production of Greater Europe represented approximately 25%. The 2011 expansion, albeit at a slower pace than the increase of 10.9% observed in 2010, has continued the positive growth of the industry following the economic crisis.

“Each production process obviously has its own specific trends depending on the evolution of the market segments,” says Jacques Prigneaux, EDANA’s market analysis and economic affairs director. “Spunmelt production recorded two successive growths of more than 9% in 2010 and 2011. Within the fiber-based products, while thermo-bonded nonwoven production has been quite flat over the last two years, spunlace production recovered the most, and was by far the most important drylaid output.” (more…)

FILTREX 2012 programme announced

Friday, August 10th, 2012

 

Building on the success of its previous European filtration conferences and exhibitions, EDANA has announced the programme for the fifth edition of FILTREX, to be held in Cologne, Germany on the 17-18 October, 2012.

The conference programme features product-orientated and technical papers about nonwoven filter media or centred on filter media from 20 authoritative speakers including a keynote presentation by Janette Huber, Director of the Zukunfinstitut in Germany. Her paper, to be delivered at the start of the evening cocktail cruise, will address ‘Next generation innovation creating value by creating benefits for people’.

Other papers over the two days will be presented on nanofibres, transportation filtration, air filtration, liquid filtration, measurement and characterisation, and new fibre, new media and treatments.

FILTREX also offers companies the chance to promote their products or services to customers, with the FILTREX exhibition open to conference delegates and visitors. EDANA is offering a number of fully equipped stands for companies to exhibit with limited logistical preparation, or reserved space within the exhibition for companies to build their own stands. (more…)