30th Jan 2023
Germany’s Voith has acquired shares in the sustainability start-up Yangi, headquartered in Varberg, Sweden. Yangi’s ground-breaking technology emerges from ten years of R&D within its sister company, The Loop Factory, which focuses on the megatrends of sustainability and circular economy. Yangi manufactures next-generation fibre-based solutions.
30th Jan 2023
Hexagon’s manufacturing intelligence division and Sumika Polymer Compounds Europe (SPC Europe), a leading manufacturer of thermoplastic compounds, have partnered to digitise the performance of new sustainable automotive-grade PP compounds, enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future...
27th Jan 2023
American multinational corporation Kimberly-Clark has reported net sales of $20.2 billion, up 4 per cent YoY, in FY22. The company’s organic sales increased by 7 per cent in FY22. Operating profit was $2,681 million in FY22, compared to $2,561 million in FY21, while the adjusted operating profit was $2,617 million, compared to $2,836 million in FY21.
27th Jan 2023
Leading global additives and specialty ingredients company Ashland has reported preliminary sales of approximately $525 million in Q1 of fiscal 2023 (FY23), up 3 per cent versus the prior-year period. The company expects income from continuing operations of approximately $42 million, or approximately $0.76 per diluted share, during Q1 FY23.
25th Jan 2023
Event organiser Messe Frankfurt India has announced the ninth edition of leading trade fair Techtextil India, which is scheduled to take place between September 12–14, 2023 in Mumbai. The support to the event from India’s ministry of textiles further demonstrates the huge emphasis laid for this key sector in boosting the economy of the country.
25th Jan 2023
A researchers’ team led by Dr Yuanyuan Guo from Japan’s Tohoku University's Frontier Research Institute for Interdisciplinary Sciences has developed a microelectronic fibre with microscopic parameters that is capable of analysing electrolytes and metabolites in sweat. The fibre’s micrometre scale allows it to be woven into clothes for healthcare use.
24th Jan 2023
Smart clothing made of thermochromic yarn that changes colour based on body temperature will soon be able to detect fever in newborns. Louisiana State University’s researcher Sibei Xia is developing body-tracking wearable technology—a hat—that could reduce the need for monitoring an infant’s temperature using thermometers and other invasive...
23rd Jan 2023
American multinational consumer goods giant Procter & Gamble Company (P&G) has reported net sales of $20.8 billion, a decrease of 1 per cent year-on-year (YoY), in the second quarter (Q2) of financial year 2023 (FY23), ended December 31, 2022. The company’s operating cash flow was $3.6 billion, and net earnings were $4 billion for the quarter.
23rd Jan 2023
Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum’s consolidated revenue increased by 6.1 per cent year-on-year (YoY) to 1,804.5 million Swiss francs (approximately $19.56 million) in 2022. The company’s revenue in local currencies increased significantly by 8.5 per cent, largely due to inflation-related...