30th Oct 2023
Freudenberg Performance Materials Apparel has introduced 2 advanced thermal insulation items, Down Feel WA 150LB and Fiberball WB 400LB, to their comfortemp range, offering sustainable alternatives to down for garments. These products use low-level Bisphenol A (BPA) recycled PET fibres (rPET) and surpass strict Oeko-Tex Standard 100 Class I...
30th Oct 2023
In Q3 FY23, Swedish firm Essity saw a net sales increase of 16.1 per cent to SEK 130,372 million. Operating profit surged by 74 per cent and adjusted EBITA by 60 per cent, enhancing margins to 11 per cent. Profit for the period and operating cash flow also experienced significant uplifts, growing by 81 per cent and 75 per cent, respectively.
27th Oct 2023
GS has partnered with Latvian startup Phystep to incorporate Compo-SiL silicone rubber technology into their sportswear. This collaboration aims to redefine sportswear by integrating kinesiology into activewear, offering athletes a 20 per cent increase in caloric burn with every movement. The silicone rubber technology offers versatility for...
27th Oct 2023
Milliken & Company has made an investment in Orak, a Paris-based company specialising in carpet maintenance and flooring reuse. This partnership is focused on creating sustainable floor covering solutions and advancing the circular economy in the industry. It offers Milliken customers access to upcycled carpet tile that meets their sustainability...
27th Oct 2023
BASF has commenced production at its Superabsorbents Excellence Centre in Antwerp, Belgium, following a €25 mn investment. This move underscores BASF's dedication to the hygiene industry and its acrylic value chain. Funding of €1.4 mn was granted by the Flemish government to support the development of this innovative process technology platform.
27th Oct 2023
Abena has established a new company, Abena Osterreich GmbH, in Austria to enhance its presence in the European market. Abena has a 70-year history of providing quality products for healthcare and various industries, with a focus on improving users quality of life and supporting healthcare professionals through digital solutions like Abena Nova and...
27th Oct 2023
Hexcel is set to showcase its latest marine market innovations at METSTRADE 2023. These developments include new intermediate and high modulus fibre HexPly M79 prepregs, designed for highly loaded components in applications like rigs and foils. The company is also introducing HexTow HM54 fibre with HexPly M79 resin for high-stiffness applications.
26th Oct 2023
US-based safety solutions firm MSA Safety reported a 17 per cent YoY increase in Q3 FY23 net sales, reaching $447 million. The company posted a GAAP operating income of $94 million and adjusted income of $101 million. Adjusted earnings were $70 million in Q3 FY23. MSA Safety also invested $13 million in capital expenditures and repaid $68 million ...
26th Oct 2023
Asahi Kasei is investing in the US startup NFW, which produces non-petroleum-based leather alternatives for car interiors. This partnership, in collaboration with Sage, aims to reduce the environmental impact of automobiles by developing a fully circular and eco-friendly leather alternative. NFW's patented material, Mirum, is made from natural...