technology announcement news

4th May 2023

Ashland reported Q2 FY23 sales of $603 million, consistent with the prior-year quarter. Net income was $91 million, down from $786 million in Q2 FY22. The personal care segment sales were down three per cent, and the specialty additives segment sales were down 12 per cent from Q2 FY22. Adjusted EBITDA was $145 million, down 11 per cent from Q2 FY22.

4th May 2023

Fashion On Demand by Lectra, a major global player in the fashion, automotive and furniture markets, is a very powerful solution that can help Fire-Dex streamline its manufacturing processes and improve its competitiveness. With the supply chain disruptions, it's become more important for companies to be agile and efficient in their operations.

2nd May 2023

Essity, a global hygiene and health company, reported a net sales increase of 25.1 per cent to SEK 42,926 million ($4,936 million) in Q1 FY23. The sales growth was driven by an 18.6 per cent increase in price-mix and 1.2 per cent from acquisitions. Adjusted EBITA also increased to SEK 4,358 million, resulting in an adjusted EBITA margin of 10.2 per...

2nd May 2023

PulPac has announced its partnership with Curt G. Joa, a custom machine manufacturing company, to expand its capabilities and meet the growing demand for sustainable packaging in North America. Joa will provide PulPac with its Dry Molded Fibre production platform, called 'PulPac Modula', which has been customised for the United States market.

2nd May 2023

Piana Technology's Nonwovens business unit has been certified to GRS. This certification shows that the company is committed to sustainability and reducing its environmental impact. By using recycled raw materials and ensuring that their production facilities meet social and environmental criteria, Piana is taking steps to promote sustainable...

1st May 2023

With the acquisition of I.G. Bauerhin (IGB), Lear Corporation will be able to expand its range of in-vehicle comfort technologies and enhance its thermal comfort systems portfolio. IGB's expertise in automotive seat heating, ventilation, active cooling, and other related technologies will be a valuable addition to Lear's existing capabilities.

29th Apr 2023

The addition of an elastic variant to Freudenberg's flexible superabsorbers for wound dressings is an excellent development that will enhance patient comfort and reduce the need for frequent dressing changes. The use of a new technology that does not perforate or slit the material is also noteworthy, as it achieves a high degree of consistent...

28th Apr 2023

Researchers at Canada’s Waterloo University have developed a smart material that responds to both heat and electricity. The material, made with polymer nano-composite fibres from recycled plastic, can change its colour and shape when stimulated. The material is activated by a low voltage of electricity, making it more energy-efficient and...

28th Apr 2023

China’s imports of natural and synthetic rubber during Q1 2023, decrease 13 per cent in value compared to the same period the previous year. However, the volume of imports increased by 10.7 per cent, according to the General Administration of Customs of China. In March 2023, the value of imported rubber was $1,082 million with a volume of 7,300,000 ...