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US’ Kimberly-Clark launches strategic transformation to fuel growth

3rd Apr 2024

Kimberly-Clark has launched a strategic transformation to boost growth, focusing on innovation and a new operating model. Plans include reorganising into three business segments, aiming for over $3 billion in productivity savings, and setting long-term targets for net sales growth and free cash flow generation of at least $2 billion annually.

Pic: Fire-Dex
US’ Fire-Dex launches non-fluorinated barrier for firefighter gear

2nd Apr 2024

Fire-Dex has launched a non-fluorinated moisture barrier for firefighter gear, in collaboration with Stedfast, featuring Stedair Clear. This innovative barrier meets NFPA 1971 standards, offering enhanced breathability and performance. Alongside, Fire-Dex introduces AeroFlex gear with AeroVent Technology and VaporLite Panels to improve firefighter...

Pic: Glatfelter
US’ Glatfelter introduces GlatPure plant-based topsheets

28th Mar 2024

Glatfelter introduces GlatPure plant-based topsheets, utilising advanced spunlace tech for comfort, sustainability, and customization. Offering diverse options like organic cotton, hemp, and Lyocell, each topsheet ensures fast liquid handling and softness. Production in France with plans for expansion in NC aligns with their commitment to...

Pic: Valmet
Valmet to invest in filter fabric manufacturing in South America

27th Mar 2024

Valmet announces investment in filter fabric manufacturing in Brazil, to meet growing demand in South America's mining, pulp and paper industries. The undisclosed investment encompasses facility relocation, new machinery, and energy-efficient upgrades. Operational by the first half of 2025, it aims to enhance service proximity, delivery times, and...

Pic: EUWID Paper
Navigator to buy British tissue converter Accrol

27th Mar 2024

Navigator Paper UK Limited proposes an all-cash offer to acquire Accrol Group Holdings plc, a leading UK tissue converter, with projected annual sales revenues of £205 million and adjusted EBITDA of £21 million. Accrol's board recommends the offer. Navigator aims to bolster its Western European tissue business, focusing on UK private label market...

Pic: SGL Carbon
German firm SGL Carbon’s sales at $1.16 bn in FY23

27th Mar 2024

Germany's SGL Carbon experienced a minor sales decrease to €1.08 billion ($1.16 billion) in FY23, a 4.1 per cent drop from the previous year, yet stayed within the expected forecast. Adjusted EBITDA also declined by 2.5 per cent to €168.4 million, but the firm saw a marginal improvement in EBITDA margin from 15.2 per cent to 15.5 per cent.

Pic: Teijin Aramid
Netherlands’ Teijin Aramid wins innovation award for Twaron

22nd Mar 2024

Teijin Aramid has received Tire Technology International Materials Innovation of the Year award for Twaron with recycled aramid fibre. This innovation emphasises sustainable solutions without compromising performance. Through collaboration and industrial-scale production, Teijin Aramid leads in driving sustainability in tire manufacturing.

Pic: Essity
Sweden’s Essity completes divestment of shares in Vinda

22nd Mar 2024

Swedish hygiene and health company Essity agrees to sell its 51.59 per cent stake in Vinda to Isola Castle Ltd, owned by APRIL, for HKD 23.50 per share, totalling approximately HKD 28.3bn ($3.62 bn). The move aligns with Essity's strategy to focus on higher-margin categories. Despite divestment, Essity will continue business with Vinda under...

Pic: Aluula Composites
Canada’s Aluula Composites & Michelin Inflatable Solutions partner

21st Mar 2024

Aluula Composites collaborates with Michelin Inflatable Solutions on R&D project, aiming to enhance construction with sustainable composite materials. Aluula's patented manufacturing process creates durable, lightweight, and recyclable materials. The partnership seeks to balance innovation, performance, and sustainability in product development.

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