textiles technology organization news

3rd Aug 2022

US’ Kimberly-Clark has been named one of the World’s Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honours the company’s leadership and commitment to business integrity through best-in-class ethics, compliance, and governance practices. Ethisphere defines the standards of ethical business practices.

3rd Aug 2022

The sales of Lear Corporation, a global automotive technology leader in seating and e-systems, in the second quarter went up 7 per cent to $5.1 billion. Excluding the impact of foreign exchange, commodities and acquisitions, sales were up 8 per cent, reflecting the addition of new business in business segments and increased production on key Lear...

2nd Aug 2022

International technology group Andritz has announced that its revenue reached €1,790.1 million in the second quarter (Q2) of 2022, rising by 16.7 per cent compared to the previous year’s reference period (Q2 2021: €1,533.8 million). Revenue in the first half (H1) of 2022 was up 9.6 per cent and amounted to €3,317.0 million, compared to H1 2021.

2nd Aug 2022

Ontex group, Belgium’s leading international supplier of personal care products has announced that it has entered into a binding agreement to sell its Mexican business activities for approximately €285 million to Softys, a personal hygiene company with operations across Latin America. Softys is a wholly owned subsidiary of Empresas, headquartered in...

1st Aug 2022

Ontex’s total group revenue, including discontinued emerging markets was €1,152 million in the first half of 2022, went up 15 per cent LFL, driven by 6.6 per cent volume/mix and 8.4 per cent pricing, while adjusted EBITDA came in at €49 million, down 51 per cent year on year. The resulting EBITDA margin of 4.3 per cent was down 6.0pp year on year.

29th Jul 2022

Sheets & Giggles, maker of award-winning sustainable bedding, has announced the launch of its first ever mattress: a sustainable hybrid model that is the most comfortable, affordable, earth-friendly mattress on the market. Sheets & Giggles is a US-based sustainable bedding brand, which has grown by more than 200 per cent year-over-year every year since ...

29th Jul 2022

Owens Corning, a global building and construction materials leader headquartered in the US, has reported net sales increase of 16 per cent to $2.6 billion in the second quarter of fiscal 2022. The company’s adjusted EBIT margins climbed to 20 per cent and adjusted EBITDA margins increased to 25 per cent in the second quarter of fiscal 2022.

29th Jul 2022

US’ First Quality has launched its Earth + Eden sensitive diapers with a focus on eco-conscious design made safe and luxurious. Earth + Eden is a wellness brand that aims to help empower people who want to live clean, healthy lifestyles without sacrificing product performance. Customers can subscribe and save by ordering diapers on the Earth + Eden...

28th Jul 2022

US’ Berry has revealed that its three sites in North America have achieved the Oeko-Tex Standard 100 certification, which validates materials used in manufacturing are free of harmful substances. These materials include virgin resin, recycled content, and renewable raw materials. Berry is a global manufacturer and marketer of plastic packaging products.