20th Nov 2023
Berry reported a decrease in FY23 net sales to $12.664 billion from $14.495 billion in FY22. Q3 FY23 sales were $3.087 billion, down from $3.421 billion. Operating income fell to $1.079 billion in FY23. International consumer packaging remained flat in FY23, while North American consumer packaging and health, hygiene, and specialties segments saw ...
20th Nov 2023
Hyosung, Tefron, and Santoni will showcase their collaborative sustainable activewear and seamless clothing at ISPO Munich. Combining Tefron’s seamless knitting expertise with Hyosung’s creora bio-based yarn, the partnership offers innovative designs and styles. The collection includes terry knitting solutions for enhanced protection and comfort.
14th Nov 2023
The JEC Group and EuCIA have signed a three-year agreement to promote composite materials in Europe, focusing on a net-zero future. This partnership will enhance networking, market intelligence, and industry-wide communication. They will co-produce the 2023 JEC Composites Sustainability Report and introduce new initiatives at JEC World 2024.
13th Nov 2023
Japanese firm Toray Industries reported a 4.9 per cent decline in H1 FY24 revenue to ¥1,199.4 billion, with significant drops in core operating income and profit. The company’s fibres and textiles segment saw revenue decline but increased operating income, while the carbon fibre segment achieved revenue growth and higher operating income.
13th Nov 2023
Edgewell Personal Care announced a 3.7 per cent rise in fiscal 2023 net sales, reaching $2,251.6 million. Gross profit increased to $938.4 million. However, Q4 FY23 saw a slight 0.5 per cent dip in net sales to $534.1 million, with a 1.9 per cent drop in organic sales. The feminine care segment experienced a 5.7 per cent decrease in Q4 FY23 sales.
13th Nov 2023
Lummus Technology and Citroniq Chemicals plan to open the first North American bio-polypropylene plant in the US by 2027 with a 400kta capacity. The project, utilising Lummus’ Verdene technology, marks a significant step in carbon-negative production. It aims to meet growing bio-polypropylene demand and support energy industry decarbonisation.
10th Nov 2023
The US Army has endorsed FiberTect, a dry decontamination system, found equally or more effective than water-based methods. FiberTect is a unique three-layered, nonwoven wipe with an activated carbon core, safe for skin and equipment use. Unlike water-based systems, FiberTect is more practical in diverse climates without the risk of...
8th Nov 2023
INDA’s 12th report on the North American Nonwovens Industry projects market growth till 2027, analysing key trends across all sectors. Essential for strategic planning, it informs on economic factors, market disruptions, and future trends. The report, alongside the Annual Study, offers a detailed view of the nonwovens market, from production to...
8th Nov 2023
Global filtration solution provider Gessner has launched Naltex extruded sleeves, designed as outer casings for filter elements. Crafted from resilient materials, these sleeves offer durability and efficiency in diverse environmental conditions. With applications in various sectors, from food to industrial settings, they ensure reliable pleat...