leathers news

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...

20th Jan 2023

Japan’s Fujitsu and Teijin have announced the launch of a project running from January to March 2023 to enhance the environmental value of recycled resources in the production of bicycle frames with V Frames, a German manufacturer of carbon fibre reinforced plastic bicycle frames, and E Bike Advanced Technologies, a German manufacturer of bicycles.

20th Jan 2023

Braskem, the largest polyolefins producer in the Americas and global producer of biopolymers on an industrial scale, has announced a project to evaluate an investment in producing carbon negative bio-based polypropylene (PP) in the US. The project would utilise Braskem’s proven, proprietary technology to convert bioethanol into bio-based polypropylene.

20th Jan 2023

US’ Standard Textile, a leader in the healthcare and hospitality textile markets, has announced Alex Heiman will assume the role of president. Heiman succeeds his father, Gary Heiman, as the fourth-generation president of Standard Textile. Gary Heiman continues a leadership role at Standard Textile as chairman and chief executive officer.

19th Jan 2023

Essity, a hygiene and health company headquartered in Sweden, has once again been recognised as one of the world’s 100 most sustainable companies by Corporate Knights. The list was announced recently during the World Economic Forum in Davos. The Global 100 list represents the top one per cent of companies in the world in terms of sustainability...

19th Jan 2023

US-based Perigee Direct has announced the launch of the Trivantage fabric bonding tape to its online collection, making it available for customers. The tape is specifically designed to weld together fabric panels to create stitch-free seams and works with a range of heat sealable fabrics. The company manufactures and supplies specialty consumables.

18th Jan 2023

Japan’s Asahi Kasei, a Japanese multinational company, has developed a new technology for recycling carbon fibre plastic compounds together with the National Institute of Technology, Kitakyushu College and Tokyo University of Science. Asahi Kasei is dedicated to sustainability initiatives and is contributing to reaching a carbon neutral society by 2050.

17th Jan 2023

US researchers have developed a durable copper-based coating that can be precisely integrated into fabric to create responsive and reusable materials like protective equipment, environmental sensors and smart filters. The coating responds to the presence of toxic gases in the air by converting them into less toxic substances that become trapped in the...