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Pic: Gurit
Swiss firm Gurit posts sales of CHF 234.8 mn in H1 FY22

17th Aug 2022

Net sales of Gurit, specialising in advanced composites, in the first half (H1) of fiscal 2022 were CHF 234.8 million, a decline of -7.0 per cent at constant exchange rates or -9.2 per cent in reported CHF versus prior year. For continued operations, the decline was -5.7 per cent at constant exchange rates in the first half of fiscal 2022.

Pic: PRNewswire
US’ Babyganics launches new line of Triple Dry absorbent diapers

17th Aug 2022

US’ Babyganics has launched a new line of Triple Dry diapers, the brand’s most absorbent diaper. The diaper line is now available via the new Babyganics direct-to-consumer website. The diapers were designed with TCF (Totally Chlorine-Free) fluff pulp, are non-allergenic, dermatologist-tested, and made without latex, petroleum-based lotions or...

Pic: Emtec Electronic
Germany’s emtec Electronic to exhibit at Hofer Vliesstofftage

12th Aug 2022

The Leipzig-based company emtec Electronic GmbH will present its Tactile Sensation Analyzer (TSA) at the 35th annual Hofer Vliesstofftage from September 20-21, 2022 at the Freiheitshalle in Hof, Germany. Rising energy costs, supply chain disruption, and sustainability concerns are some of the central topics to be discussed at the international event.

Pic: 123rf.com/ kwangmoo
France’s Carbios partners with Michelin in plastic recycling project

11th Aug 2022

France’s chemical industry company Carbios has joined hands with mobility company Michelin to develop a circular solution to convert complex waste containing textile made of plastic into products with high added value. The innovative project called WhiteCycle is a public/private European partnership including 16 organisations and will run for four...

Pic: Covestro
Germany’s Covestro sells additive manufacturing business to Stratasys

10th Aug 2022

Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...

Pic: Suominen
Finland’s Suominen posts sales of €228.3 million in first half of 2022

9th Aug 2022

In the first half of 2022, Suominen’s net sales were in line with the previous year and amounted to €228.3 million. Sales volumes decreased from 2021 while sales prices were higher. The impact of currencies on net sales was €12.6 million. The sales of the Americas business area were €126.0 million and of the Europe business area were €102.3 million.

Pic: Edgewell Personal Care
US’ Edgewell Personal Care’s sales rise 18.6% in Q3FY22

9th Aug 2022

The net sales of Edgewell Personal Care Company, a global company with over 25 market-leading brands in shave, grooming, sun, skin and feminine care were $573.7 million in the third quarter, an increase of 18.6 per cent, as compared to the prior year period. The sales of feminine care segment rose $4.6 million, or 6.7 per cent, from the prior year...

Pic: Glatfelter
US’ Glatfelter posts $2.5 mn loss from continuing operations in Q2

8th Aug 2022

Glatfelter Corporation has reported a loss from continuing operations for the second quarter of 2022 of $2.5 million, or $0.05 per share, compared with net income of $1.5 million, or $0.03 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the second quarter of 2022 were a loss of $1.6 million.

Pic: Berry Global
US’ Berry Group’s sales up 6% to $3.7 billion in Q3FY22

5th Aug 2022

The net sales of Berry Group were $3.7 billion in the third quarter of 2022, up by 6 per cent on a comparable basis. The growth is attributed to increased selling prices of $301 million due to the pass through of inflation. On a two-year basis, organic volumes were up 3 per cent, as the company reported strong organic volume growth of 5 per cent a year ...

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