N.R. Spuntech Industries

Company Overview

Snapshot

Founded in February 1996, N.R. Spuntech Industries operates with 51–200 employees. The company became public on the TASE in April 2004, marking a significant milestone in its growth trajectory.

Business overview

N.R. Spuntech Industries specializes in the development, manufacturing, and supply of spunlace (hydroentangled) fabric products. Its core technology involves producing nonwoven fabrics from materials like cotton, viscose, polyester, and polypropylene. These fabrics are utilized across various markets, including personal care for items such as makeup removal wipes and baby wipes, and cleaning applications for surfaces, windows, and industrial facilities. The company operates within the Industrial Technologies sector, serving industries that require advanced material innovations and applications.

Strategic signal

In June 2018, N.R. Spuntech Industries secured a significant $130 million deal with Procter & Gamble. This partnership underscores the company's strong market position and the high quality of its nonwoven fabric products, signaling robust commercial validation and potential for continued growth within the personal care and cleaning industries.

Company Intelligence Q&A

When was N.R. Spuntech Industries founded?

N.R. Spuntech Industries was founded in February 1996.

When did N.R. Spuntech Industries go public?

N.R. Spuntech Industries went public on the TASE in April 2004.

What significant deal did N.R. Spuntech Industries sign in 2018?

In June 2018, N.R. Spuntech Industries signed a $130 million deal with Procter & Gamble.

What was the value of the non-woven fabric order Spuntech received in 2014?

In October 2014, Spuntech received a $65 million order for non-woven fabric.

What types of products does N.R. Spuntech Industries manufacture?

N.R. Spuntech Industries manufactures spunlace fabric products for personal care, including makeup removal wipes and baby wipes, and cleaning fabrics for various surfaces and industrial facilities.