Nonwovens technology and recycling solutions manufacturer Andritz said it has reported best ever financial results in its history in 2023, when its revenue increased to €8.7 billion, up 15 percent over 2022. Net income at the German company rose to €504 million in 2023, up a massive 25 percent
France based textile recycling company Nouvelles Fibres, has started the country’s first industrial plant for automated sorting and recycling of textile waste. The plant is the result of a partnership between textile recycling company Nouvelles Fibres Textiles, waste sorting specialist Pellenc ST and Andritz, a specialist in textile recycling machinery and processes.