Mimaki Europe, a leading manufacturer of inkjet printers and cutting systems, today announces that it will exhibit its broad portfolio of cutting-edge digital print technologies at first ever virtual drupa (20-23 April 2021).
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Loepfe Brothers and Loptex have recently announced a distinguished strategic collaboration targeted at further improving yarn quality and productivity for spinning mills.
The company will spend Rs 6 billion to upgrade equipment and add capacity at its Nagpur manufacturing site. The new PET resin facility at Nagpur is expected to be operational by Q2 of 2022
Aiming to capitalise on the booming demand for advanced nonwovens seen in recent years, Danish industrial group Fibertex Nonwovens is investing DKK 300 million to expand its output capacity and meet the growing need for local production of nonwovens in North America.
Joachim Fetzer will be appointed to the new position of Chief Technology and Innovation Officer (CTIO), while Hannes Prenn will join the company to take on the leadership of the Electric Powertrain business.
Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, has been awarded ‘Best Regional Loan’ in the manufacturing sector for its US$300 million Blue Loan – the first of its kind granted to a plastic resin manufacturer.
Order intake of CHF 640.2 million in the 2020 financial year was 31 per cent down on the previous year. Following the significant slump in demand in the second quarter of 2020, order intake recovered in the third quarter and improved further in the fourth quarter.