technology result news

14th Dec 2023

Voith Group reported a 13 per cent increase in FY23 sales to €5.51 billion. Orders surged 19 per cent to €6.14 billion, reaching a record €7.22 billion. EBIT was €245 million, with sales return rising to 4.4 per cent and ROCE to 12.1 per cent. Net income increased to €73 million. For FY24, the company forecasts stable growth with a focus on...

13th Dec 2023

Jyrki Vainionpaa has joined Ahlstrom’s board of directors and assumed the role of president and chief executive officer of A. Ahlstrom Corporation. Independent of the company but non-independent of significant shareholders, Vainionpaa brings diverse experience, having served as the CEO of Koiviston Auto and in leadership roles at Adven and Vapo.

12th Dec 2023

Partners Group, on behalf of its clients, will acquire Velvet Care, a leading European hygiene paper products manufacturer, from Abris Capital Partners. Velvet Care produces branded and private-label products, with two production sites covering the full process. The company, generating €277 mn in 2022, is known for its innovation and owns the...

12th Dec 2023

Researchers at the Washington State University have developed a single-strand fibre with the flexibility of cotton and the electric conductivity of polyaniline, a conductive polymer. This material, tested for wearable e-textiles, holds potential for applications like sensor patches in uniforms for firefighters or workers handling chemicals.

11th Dec 2023

EDANA's MENA Nonwovens Conference is a key event for nonwovens professionals in the Middle East and North Africa. It focuses on the region's economic growth, demographic shifts, and their impact on the nonwovens industry. The conference will feature expert speakers, a tabletop exhibition, and discussions on market trends, materials, and...

8th Dec 2023

Andritz has inaugurated a textile recycling line at Sfilacciatura Negro's plant in Biella, Italy. The line, designed for processing post-consumer textile waste with automatic removal of hard parts, supports Sfilacciatura Negro's expansion into new recycling segments. It collaborated with Andritz to venture into post-consumer clothing waste...

7th Dec 2023

The World of Wipes International Conference, scheduled for June 17-20, 2024, in Minneapolis, is inviting abstract submissions until January 12, 2024. INDA seeks contributions on wipes products, technologies, and markets from experts in areas such as nonwoven wipes, sustainability, substrate formation, raw materials, packaging, machinery, and market...

6th Dec 2023

Monadnock Non-Wovens (MNW) has launched HTAC Veil, an innovative corrosion barrier for Fiberglass Reinforced Plastic (FRP) equipment. The binder-free, meltblown ECTFE fluoropolymer resin veil offers superior chemical and abrasion resistance at high temperatures, exceptional fire retardancy, and extended performance for FRP tanks, scrubbers, pipes,...

6th Dec 2023

Georgia-Pacific is investing $150 million in its Oregon mill to expand its consumer tissue business. This will enhance bath tissue production capacity, with initial output expected in 2025. The focus is on growing premium tissue offerings like Quilted Northern Ultra Plush, reflecting Georgia-Pacific's commitment to product quality and customer...