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Pic: Hexel
US’ Hexcel Corporation’s net sales soar 17.2% to $457.7 mn in Q1 FY23

26th Apr 2023

American firm Hexcel Corporation reported Q1 FY23 sales of $457.7 million, up 17.2 per cent YoY, driven by commercial aerospace sales, which grew by 30 per cent to reach $284.5 million. The company's adjusted operating income increased to $63 million or 13.8 per cent of sales, compared to $31.1 million, or 8 per cent of sales in Q1 FY22.

Pic: The Image Party / Shutterstock.com
Sales of US firm Kimberly-Clark climb to $5.2 bn in Q1 FY23

26th Apr 2023

Kimberly-Clark has posted a 2 per cent YoY growth in sales to $5.2 billion in Q1 FY23. Organic sales rose 5 per cent YoY, with North American sales up 5 per cent YoY. The company's personal care segment reported sales of $2.7 billion, while the consumer tissue segment reported sales of $1.6 billion. Net sales are expected to grow by 0-2 per cent in...

Pic: Borealis
Europe’s PFN group & Borealis partner to boost nonwovens production

25th Apr 2023

PFNonwovens has partnered with Borealis to enhance nonwoven production for the personal hygiene market by using Bornewables polypropylene resins. The raw material feedstock is derived entirely from waste and residue vegetable oil streams, reducing the eco-footprint. The renewable content is mass balance accredited under the ISCC Plus certification...

Pic: Bounty / P&G
American firm P&G’s net sales climb to $20.8 bn in Q3 FY23

25th Apr 2023

P&G has reported a 4 per cent growth in Q3 FY23 net sales to $20.8 billion, with organic sales up 7 per cent. Diluted net earnings per share also increase by 3 per cent due to increased net sales, operating margin and a reduction in shares outstanding. P&G expects all-in sales to grow approximately 1 per cent and organic sales to grow 6 per cent for...

Pic: University of Cambridge
UK’s researchers develop sustainable smart textiles with LEDs, sensors

25th Apr 2023

Cambridge University researchers have developed next-generation smart textiles that incorporate LEDs, sensors, energy harvesting, and storage. The researchers created test patches of smart textiles measuring around 50x50 cm, which could be scaled up. They can be produced inexpensively and, in any shape, or size using machines used to make everyday...

Indian minister Piyush Goyal at the Saurashtra Tamil Sangamam Chintan Shivir in Rajkot, Gujarat. Pic: Twitter/ Piyush Goyal
Brainstorming session explores growth in hometech, clothtech in Rajkot

24th Apr 2023

India's National Technical Textiles Mission held a brainstorming session on growth opportunities in hometech and clothtech during the Saurashtra Tamil Sangamam in Rajkot, Gujarat. The event was attended by ministers Piyush Goyal and Darshana Vikram Jardosh along with industry leaders. The session focused on investment and export opportunities in the...

Pic: INDA
Germany’s Freudenberg launches first fusible interlinings for shirts

24th Apr 2023

Freudenberg has achieved a milestone in sustainable textile solutions with the introduction of the apparel industry's first biodegradable fusible cotton shirt interlinings range, named 46xx (42xx series in Asia). This innovative development demonstrates their commitment to reducing environmental impact and supporting customers in sustainability goals.

Pic: EDANA
Index23 hosts 610 exhibitors from 43 countries in Geneva

24th Apr 2023

Index23, the international nonwovens exhibition, was a resounding success with a strong global presence. The event featured 610 exhibitors from 43 countries showcasing their products, representing a significant increase in exhibitors compared to 2021. This surge in participation is a clear indication that the nonwovens industry is back in business.

Pic: Aluula Composites
Aluula, University of British Columbia partner for composite materials

24th Apr 2023

Aluula Composites & the UBC have joined forces to pioneer recycling applications for Aluula's cutting-edge high-performance composite materials based on ultra-high molecular weight polyethylene. Conventionally, composite materials are manufactured by bonding together different layers of core materials and outer films to make fabrics for various...

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