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31st Jul 2023

Freudenberg Performance Materials has launched a 3D entangled mat production line in Changzhou, China, to supply Enka Solutions for building, industrial, and civil engineering applications in the APAC region. This investment will boost Enka Solutions production capacity and allow Freudenberg to serve customers in various technical markets.

31st Jul 2023

Braskem, located in Brazil, has increased the production capacity of its bio-based ethylene plant by 30 per cent through an $87 million investment. The plant now operates at 260,000 tons/year and produces bio-based ethylene from sugarcane-based ethanol, contributing to carbon neutrality. Braskem aims to produce one million tons of biopolymers by...

28th Jul 2023

Mann+Hummel has signed an agreement to acquire a majority stake in Suzhou U-Air Environmental Technology (U-Air). This move strengthens Mann+Hummel's presence in China and Southeast Asia, catering to the increasing demand for air filtration products in the region. The transaction is expected to be completed in 2023, pending regulatory approvals.

28th Jul 2023

Indorama Ventures and Polymateria have been honoured with the INDA Innovation Award for their groundbreaking collaboration in developing Biotransformation technology for wipes. The partnership with Polymateria brings a real-world solution to waste management and aligns with Indorama Ventures' commitment to optimise the earth's resources sustainably.

26th Jul 2023

At the 6th National Conclave on Standards and Regulations, India’s ministry of textiles, FICCI, and BIS highlighted the importance of technical textile standards. New standards were introduced, and HSN codes rationalisation was emphasised. The global technical textiles market, currently at $260 billion, is projected to increase to $325 billion by...

26th Jul 2023

HB Fuller aims to decrease energy, greenhouse gas emissions, waste, and water intensity by 20 per cent and 10 per cent respectively by 2025. As of 2022, the company is on track with these sustainability goals. HB Fuller also published its Scope 3 GHG emissions for the first time and implemented a real-time sustainability data platform across...

24th Jul 2023

The 17th edition of the World of Wipes (WOW) International Conference, organised by Inda, has concluded successfully with a record turnout of more than 495 senior-level leaders. The three-day event featured exhibits, presentations, and Lightning Talks covering various topics like sustainability, supply chain issues, wipes advancements, and more.

21st Jul 2023

Private equity investors Cornerstone Investment Management and Kartesia have jointly acquired Ecowipes Group, a prominent producer of eco-friendly wet wipes. This purchase reflects their commitment to environmental, social, and governance (ESG) investing. Ecowipes is known for pioneering sustainable and biodegradable wet wipes made from natural...

21st Jul 2023

Swedish company Essity reported a 20.2 per cent surge in net sales to SEK 86,856 million in H1 FY23. The company’s EBITA increased by 101 per cent to SEK 8,660 million, and profits rose 139 per cent to SEK 5,254 million. Adjusted EBITA increased 51 per cent to SEK 9,059 million in H1 FY23 and adjusted EPS increased 46 per cent to SEK 8.31.