4th May 2023
Andritz will be showcasing its nonwovens production and textile-recycling solutions at ITMA from June 8-14, 2023. The company offers products and services in the industrial digitalisation sector under the brand name Metris. Andritz's chemical/circular textile recycling technologies, fibre preparation, and ADuro F fine grinder will also be showcased.
4th May 2023
Ashland reported Q2 FY23 sales of $603 million, consistent with the prior-year quarter. Net income was $91 million, down from $786 million in Q2 FY22. The personal care segment sales were down three per cent, and the specialty additives segment sales were down 12 per cent from Q2 FY22. Adjusted EBITDA was $145 million, down 11 per cent from Q2 FY22.
2nd May 2023
American firm Ashland Inc has appointed James Minicucci as the Senior Vice President (SVP) of strategy, mergers and acquisitions (M&A), and portfolio management. He will report to Ashland's CEO, Guillermo Novo. Minicucci previously served as the SVP of Global Specialty Gases at Merck KGaA and has held leadership positions at several other companies.
2nd May 2023
Essity, a global hygiene and health company, reported a net sales increase of 25.1 per cent to SEK 42,926 million ($4,936 million) in Q1 FY23. The sales growth was driven by an 18.6 per cent increase in price-mix and 1.2 per cent from acquisitions. Adjusted EBITA also increased to SEK 4,358 million, resulting in an adjusted EBITA margin of 10.2 per...
2nd May 2023
PulPac has announced its partnership with Curt G. Joa, a custom machine manufacturing company, to expand its capabilities and meet the growing demand for sustainable packaging in North America. Joa will provide PulPac with its Dry Molded Fibre production platform, called 'PulPac Modula', which has been customised for the United States market.
2nd May 2023
Piana Technology's Nonwovens business unit has been certified to GRS. This certification shows that the company is committed to sustainability and reducing its environmental impact. By using recycled raw materials and ensuring that their production facilities meet social and environmental criteria, Piana is taking steps to promote sustainable...
1st May 2023
With the acquisition of I.G. Bauerhin (IGB), Lear Corporation will be able to expand its range of in-vehicle comfort technologies and enhance its thermal comfort systems portfolio. IGB's expertise in automotive seat heating, ventilation, active cooling, and other related technologies will be a valuable addition to Lear's existing capabilities.
29th Apr 2023
The addition of an elastic variant to Freudenberg's flexible superabsorbers for wound dressings is an excellent development that will enhance patient comfort and reduce the need for frequent dressing changes. The use of a new technology that does not perforate or slit the material is also noteworthy, as it achieves a high degree of consistent...
28th Apr 2023
Researchers at Canada’s Waterloo University have developed a smart material that responds to both heat and electricity. The material, made with polymer nano-composite fibres from recycled plastic, can change its colour and shape when stimulated. The material is activated by a low voltage of electricity, making it more energy-efficient and...