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Pic: Fire-Dex
US’ Fire-Dex adopts Lectra's Fashion On Demand solution

4th May 2023

Fashion On Demand by Lectra, a major global player in the fashion, automotive and furniture markets, is a very powerful solution that can help Fire-Dex streamline its manufacturing processes and improve its competitiveness. With the supply chain disruptions, it's become more important for companies to be agile and efficient in their operations.

Pic: Ashland
US’ Ashland hires James Minicucci as SVP for strategy, M&A

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.

Pic: Pulpac
Joa partners with PulPac on North American Dry Molded Fibre Line

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.

Pic: Piana Nonwovens
Italy’s Piana Nonwovens unit becomes GRS certified

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...

Pic: Lear Corporation
US’ Lear completes acquisition of I.G. Bauerhin

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.

Pic: INDA
Germany’s Freudenberg to present superabsorbers at EWMA 2023

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...

Pic: University of Waterloo
Smart fabric by Canadian researchers responds to heat, electricity

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...

Pic: Shutterstock.com
China’s import of rubber down in value terms, up in volume in Q1 2023

28th Apr 2023

China’s imports of natural and synthetic rubber during Q1 2023, decrease 13 per cent in value compared to the same period the previous year. However, the volume of imports increased by 10.7 per cent, according to the General Administration of Customs of China. In March 2023, the value of imported rubber was $1,082 million with a volume of 7,300,000 ...

Pic: Lear Corporation
US’ Lear Corporation's Q1 FY23 sales surge 12% YoY to $5.8 bn

28th Apr 2023

Lear Corporation has reported 12 per cent YoY increase in sales to $5.8 billion in Q1 FY23. Adjusted EPS increased 54 per cent YoY to $2.78, while net income was $144 million. For FY23, the company anticipates net sales ranging between $21.2 billion and $22.2billion, with an expected core operating earnings of $875 million to $1.075 billion.

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