25th Nov 2023
In Q3 FY23, Finland's Ahlstrom Holding reported a significant 18.6 per cent decrease in net sales to €705.8 million. The EBITDA rose to €104.7 million, benefiting from lower comparability items, despite the net result showing a loss of €20.4 million. Over the first nine months of FY23, net sales declined by 9.3 per cent to €2,281.2 million.
24th Nov 2023
Toray Carbon Fibers Europe obtains ISCC PLUS certification for Lacq and Abidos production plants in France. This certification enables the use of biomass or recycled materials via a mass balance approach, reducing the Life Cycle Inventory of carbon fibre production. Toray plans to manufacture carbon fibre from biomass and recycled materials by 2023 ...
23rd Nov 2023
Warroad Hockey, co-founded by NHL star TJ Oshie, partners with Noble Biomaterials to meet high demand for its TILO Baselayers. Launched in September 2023, these baselayers offer 360-degree protection around the neck and forearms with cut-resistant and antimicrobial technology. Featuring Noble's Ionic+ silver ions, the gear aims to enhance player...
21st Nov 2023
Clean Solutions Group has acquired HDK Industries, expanding its eco-friendly filtration media range. Backed by Branford Castle Partners, this move bolsters CSG's position in the filtration sector. HDK's expertise in air and liquid filtration will integrate into CSG's Fibrix Filtration brand. The transition is led by CEO Keith White and president...
21st Nov 2023
LyondellBasell will construct its first advanced recycling plant in Germany, using innovative MoReTec technology. Operational by 2025, the plant aims for net zero GHG emissions and a 50,000-tonne capacity. It will process difficult-to-recycle plastics, reducing environmental impact. The facility marks a significant step in sustainable polymer...
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.
17th Nov 2023
Effective January 1, Freudenberg will see Dr Andreas Raps become CEO, succeeding Dr Frank Heislitz, and Marco Altherr take over as CFO from Thomas Herr. The board will include John McNabb as CTO. Raps, a member of Freudenberg SE's executive council, was previously CEO of EagleBurgmann. Altherr, CFO of Vibracoustic SE, held roles at Freudenberg & Co....
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.