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...
26th Apr 2023
Gurit has reported a 26.6 per cent YoY growth in Q1 net sales, reaching CHF 117.4 million, attributed to its composite materials division's performance, which achieved a 36.2 per cent YoY increase in net sales. The company’s guidance for FY23 remains unchanged, with an expected net sales of CHF 450-510 million and an operating profit margin of 2-5 per ...
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...
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...
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...
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.
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.
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...
21st Apr 2023
Elkem will exhibit at Techtextil North America 2023, showcasing its silicone solutions for technical textiles. Elkem's Bluesil and Silbione coating solutions are versatile, easy to process, and provide dynamic performance features and durability. The event will be held in Atlanta from May 10-12, 2023, and Elkem will be exhibiting at booth number 2211.