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Finland’s Valmet, Saipem sign MoU to develop decarbonisation solutions

19th Dec 2023

Valmet and Saipem have signed an MoU to collaborate on decarbonisation solutions for hard-to-abate industries. The partnership combines Saipem's CO2 management technologies with Valmet's heat recovery and flue gas treatment units for integrated options in pulp, paper, and energy. Both companies aim to support customers in achieving net-zero goals.

Ashley McEvoy Pic: Business Wire
US’ P&G appoints Ashley McEvoy to board of directors

18th Dec 2023

Ashley McEvoy, former EVP and worldwide chairman of MedTech at Johnson & Johnson, has been appointed to the board of directors at Procter & Gamble (P&G), effective December 12, 2023. With nearly three decades at Johnson & Johnson, McEvoy led the $27 billion medical devices segment, focusing on innovation in telehealth, robotics, and digital surgery.

Pic: The Nonwovens Institute
US’ INDA, NWI announce 2024 nonwovens training course schedule

15th Dec 2023

The 2024 workforce development programme by INDA and NWI offers a comprehensive training portfolio covering the nonwovens value chain. Courses, including Elementary and Intermediate Nonwovens, WIPES Academy, and more, feature classroom and hands-on learning at NWI's labs. The programme caters to both industry newcomers and seasoned professionals.

Pic: Essity
Sweden’s Essity wins product safety award for period pants for teens

14th Dec 2023

Hygiene company Essity, known for brands like Libresse and Bodyform, has received the EU Product Safety Award 2023 silver for its period pants designed for teens. The award recognises Essity's commitment to consumer safety beyond legal requirements. These pants undergo extensive chemical evaluation and testing to ensure safety without compromising...

Pic: Voith
German firm Voith’s sales climb 13% in FY23

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...

Jyrki Vainionpää. Pic: Jyrki Vainionpää/LinkedIn
Finland’s Ahlstrom names Jyrki Vainionpaa as new president & CEO

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.

Pic: Honest
US’ The Honest Company announces new additions to board of directors

12th Dec 2023

The Honest Company appoints Michael Barkley, former CEO of Kind, Alissa Hsu Lynch, former global head of MedTech strategy and solutions at Google Cloud, and Andrea Turner, former SVP of global customer service and logistics at Mondelēz International, to its board of directors. They bring retail and digital expertise, supporting the company's growth...

Pic: Partners Group
Partners Group to acquire Europe’s Velvet Care

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...

Pic: Washington State University
WSU researchers develop cotton-like fibre for smart textiles

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.

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