27th Apr 2024
Amcor and Kimberly Clark introduce Huggies Eco Protect diaper packaging in Peru, incorporating 30 per cent recycled materials. The bags feature post-consumer recycled content and align with a circular economy approach. Developed by Amcor, the packaging maintains performance while reducing energy consumption, carbon footprint, and water usage.
27th Apr 2024
Swedish company Essity's Q1 FY24 saw a net sales decrease of 4.1 per cent to SEK 34.85 billion (approximately $3.2 billion). Despite this, EBITA rose by 4 per cent to SEK 4.52 billion, and EBITA excluding IAC increased by 14 per cent to SEK 4.88 billion. Operating cash flow surged 48 per cent to SEK 4.25 billion. Profit soared to SEK 11.49...
25th Apr 2024
European Parliament approved a sustainability-focused packaging law, securing 476 votes in favour. The legislation targets a reduction in packaging waste to boost the circular economy. It introduces measures such as limits on empty space in packaging, bans on certain single-use plastics from 2030, and restrictions on PFAS chemicals in food...
25th Apr 2024
Kimberly-Clark Corporation reported a slight decrease in Q1 FY24 sales, down 1 per cent to $5.1 billion, despite a 6 per cent rise in organic sales. North American organic sales grew by 3 per cent, while developing and emerging markets saw a notable 15 per cent surge. The company's operating profit improved to $853 million, up from $787 million.
25th Apr 2024
Max Space debuts expandable space habitat at 39th space symposium, reinforced with Aluula Composites. Scheduled for a 2026 launch with SpaceX, it aims for lunar and Martian orbits. The lightweight material enables large living spaces at reduced weight and cost. Aluula's innovation extends beyond space, with collaborations in various industries.
24th Apr 2024
Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...
24th Apr 2024
Filidea Technical Yarns focuses on sustainability and fibre recycling technology at the ongoing 20th edition of Techtextil in Germany. Collaborations with major customers lead to advanced modacrylic yarns. They work with Kaneka Corporation on a recycling process, reducing end-of-life garments into base gases for modacrylic fibre production.
24th Apr 2024
A.Celli Nonwovens will exhibit its production solutions at ANEX 2024 in Taipei, Taiwan, from May 22-24. Highlights include E-WIND, F-LINE, and R-WAY solutions for winding, laminating, and intralogistics. The event expects more than 350 exhibitors and 26,000 visitors worldwide, offering a platform for industry professionals to explore innovations...
24th Apr 2024
American company Hexcel Corporation reported sales of $472.3 million in Q1 FY24, up from $457.7 million last year, but saw gross margin drop to 25 per cent from 27.9 per cent. The company’s operating income fell to $54.1 million, despite gains in aerospace and defense sectors. Industrial sales dropped significantly by 27.9 per cent in Q1 FY24.