technology announcement news

13th Feb 2024

Collins Aerospace has achieved a significant milestone in NASA's design process, completing a fit and functionality test for a next-generation spacesuit intended for use on the international space station. This milestone, conducted in a microgravity-like environment, advances NASA's goal of developing a new spacesuit to replace current models.

13th Feb 2024

American company Columbia Sportswear and Intuitive Machines collaborate to apply Omni-Heat Infinity heat insulation, used in outdoor apparel, to a lunar lander for NASA's upcoming mission. The innovative material aims to protect against extreme lunar temperatures, showcasing the potential cross-industry impact of space technology on Earth.

13th Feb 2024

Ontex reported a 10 per cent YoY like-for-like revenue increase to €1,795 million in FY23, driven by a 9 per cent price rise. Adjusted EBITDA surged 67 per cent to €174 million. Total revenue reached €2,342 million, including €547 million from discontinued operations. Q4 revenue was stable at €446 million, with adjusted EBITDA up 16 per cent YoY.

12th Feb 2024

Oerlikon Barmag will exhibit its pump lineup at UTECH Europe from April 23-25. This exhibition will offer a platform to show innovations and networking within the sector. With PUR playing a vital role in sectors like automotive, medical technology, and insulation, Oerlikon Barmag's precision gear pumps offer tailored solutions for complex...

12th Feb 2024

Ontex has achieved an A-rating from Carbon Disclosure Project (CDP) for climate change leadership, ranking in the top 6 per cent of 23,000 evaluated companies. CEO Gustavo Calvo Paz highlights a 50 per cent reduction in carbon emissions in three years. Ontex sources over 90 per cent of electricity globally and 100 per cent in Europe, from renewable ...

9th Feb 2024

Allmed Medical Products Co Ltd has accepted the slitter rewinder of A.Celli, achieving mutually satisfying results. The E-Wind Sonic machine features a 4600mm width, 1500 mpm design speed, and automatic shaft handling system with robot. Installed downstream of a Reicofil line, it complements an existing A.Celli E-Wind Wave master roll winder.

9th Feb 2024

Berry Global, Glatfelter Corporation merge majority of health, hygiene, specialties segment to form leading specialty materials company. Transaction has been approved by both boards. NewCo will serve markets with a diverse product suite, focusing on innovation, sustainability. Berry will shift to pure-play packaging, while Glatfelter will remain...

9th Feb 2024

INDA has announced the registration for WOW International Conference 2024, focusing on wipes innovation and sustainability. Industry leaders like Clorox, Kimberly-Clark, and Nice-Pak will share insights. The four-day international event will include the WIPES Academy and nominations for the innovation award, with submissions due by April 15.

8th Feb 2024

Suominen Corporation's FY23 net sales fell by 9 per cent to €450.9 million, down from €493.3 million. Sales in the Americas remained stable, while Europe saw a significant decline. The company's comparable EBITDA increased marginally to €15.8 million, despite a decrease in reported EBITDA to €11.2 million. In Q4 FY23, operating profit rose to...