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US’ Berry Global’s sales decline to $3.1 billion in Q2FY24
US’ Berry Global’s sales decline to $3.1 bn in Q2 FY24

10th May 2024

Berry Global's Q2 net sales fell by 6 per cent, with resin price pass-throughs impacting 5 per cent. Operating income declined to $208 million, attributed to goodwill write-offs and the timing of resin costs. It plans for a tax-free spin-off and merger with Glatfelter Corporation to streamline Berry's focus on packaging solutions, enhancing long-term ...

Japan’s Zuiko Corporation to acquire Delta Srl
Japan’s Zuiko Corporation to acquire Delta Srl

10th May 2024

Zuiko Corporation completes the acquisition of 90 per cent of Delta Srl's quota, formalised at a board meeting on May 8, 2024. With plans for swift integration, Zuiko aims to enhance value for existing clients and target new ones. Delta, founded in 2022 in Italy, specialises in disposable sanitary products machinery, serving global markets.

DITF with ARIS develop 3D textile for graywater treatment
Germany's DITF & ARIS develop 3D textile for greywater treatment

9th May 2024

DITF and ARIS have developed a space-saving, durable greywater treatment system using 3D spacer fabric, aimed at maximising water reuse. The modular design adapts to various building structures and can even be integrated into densely populated urban areas. With low maintenance and long lifespan, it promotes sustainable water use and circular...

IACMI collaboration facility in US gets Michelman fibre sizing line
IACMI collaboration facility in US gets Michelman fibre sizing line

9th May 2024

IACMI and Michelman unveil a state-of-the-art fibre sizing line in Knoxville, TN, aiding composite manufacturing. This collaboration accelerates research-to-commercialisation, offering tailored fibre-matrix interfaces for enhanced composite properties. The sizing line, custom-built by Izumi International, enables customisation for various fibres...

Finnish firm Suominen’s sales at $121.9 mn in Q1 FY24
Finnish firm Suominen’s sales at $121.9 mn in Q1 FY24

9th May 2024

Suominen Corporation reported a slight drop in Q1 FY24 net sales to €113.6 million (~$121.9 million), a 3 per cent decline from last year. Despite this, EBITDA rose to €4.5 million from €2.6 million. Operating profit improved to €0.1 million, recovering from a €2.1 million loss. Sales varied across regions, with gains in EMEA and declines in the...

Meisheng starts new Andritz needlepunch line in China
Meisheng starts new Andritz needlepunch line in China

9th May 2024

Meisheng Group inaugurates its third Andritz needlepunch line in Shaoxing City, China, to meet the rising demand for synthetic suede, especially in the automotive sector, notably New Energy Vehicles (NEVs). Equipped with advanced ProWid technology, the line ensures optimal web weight regularity, enhancing quality while reducing material consumption.

American brand AmorSui expands PPE product line
American brand AmorSui expands PPE product line

9th May 2024

AmorSui expands its PPE line with lab coats, fire-resistant wear, and reusable isolation gowns, prioritising sustainability and inclusivity. Products feature adjustable fits and durable, recyclable materials. AmorSui's take-back programme and subscription service reduce PPE waste, offering long-term cost savings and environmental benefits.

US brand Huggies introduces Skin Essentials collection
US brand Huggies introduces Skin Essentials collection

8th May 2024

Huggies introduces Skin Essentials diapers, wipes, training pants, focusing on baby's skin health. It features a SkinProtect liner to manage moisture, while wipes are thick and gentle with 99 per cent water. Dermatologist-approved and free of harsh ingredients, the range targets diaper rash concerns, reflecting Huggies' commitment to baby...

Envalior opens new distribution centre in Indiana
Envalior opens new distribution centre in Indiana

8th May 2024

Envalior's new distribution centre in Evansville, adjacent to its production facility, enhances capacity and flexibility for high-performance materials. Featuring advanced technology and onsite collaboration, it aims to optimise logistics and inventory management. The project signifies Envalior's commitment to customer service and operational...

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