textiles technology organization news

28th Apr 2023

Sweden-based hygiene and health company Essity has announced that it will begin a strategic review of its ownership of Asian hygiene firm Vinda International Holdings Ltd and the Consumer Tissue Private Label Europe business. The aim is to reduce Consumer Tissue’s share of the company's total sales, although no decisions have been made yet.

28th Apr 2023

Ahlstrom Eco's use of lignin-based impregnation in their filter media could have a significant impact on automotive industry's sustainability efforts. Lignin is a polymer found in plants that is typically considered a waste in papermaking processes. It will replace a non-renewable and environmentally harmful material with a bio-based, renewable one.

27th Apr 2023

Finnish company Valmet reported a 17 per cent YoY increase in orders received to €1,552 million in Q1 FY23, with net sales increasing by 38 per cent YoY to €1,321 million. The order backlog at the end of the reporting period amounted to €4,595 million. The company estimates net sales and comparable EBITA to increase in FY23 compared to FY22.

26th Apr 2023

Andritz has received an order from Predo Health Products to deliver two high-speed hygiene converting lines for producing adult open diapers and feminine sanitary napkins. The lines will be installed in Predo's factory in Gaziantep and start-up is scheduled for the first half of 2024. Predo already operates four baby diaper lines from Andritz.

26th Apr 2023

American firm Hexcel Corporation reported Q1 FY23 sales of $457.7 million, up 17.2 per cent YoY, driven by commercial aerospace sales, which grew by 30 per cent to reach $284.5 million. The company's adjusted operating income increased to $63 million or 13.8 per cent of sales, compared to $31.1 million, or 8 per cent of sales in Q1 FY22.

26th Apr 2023

Kimberly-Clark has posted a 2 per cent YoY growth in sales to $5.2 billion in Q1 FY23. Organic sales rose 5 per cent YoY, with North American sales up 5 per cent YoY. The company's personal care segment reported sales of $2.7 billion, while the consumer tissue segment reported sales of $1.6 billion. Net sales are expected to grow by 0-2 per cent in...

26th Apr 2023

Gurit has reported a 26.6 per cent YoY growth in Q1 net sales, reaching CHF 117.4 million, attributed to its composite materials division's performance, which achieved a 36.2 per cent YoY increase in net sales. The company’s guidance for FY23 remains unchanged, with an expected net sales of CHF 450-510 million and an operating profit margin of 2-5 per ...

25th Apr 2023

PFNonwovens has partnered with Borealis to enhance nonwoven production for the personal hygiene market by using Bornewables polypropylene resins. The raw material feedstock is derived entirely from waste and residue vegetable oil streams, reducing the eco-footprint. The renewable content is mass balance accredited under the ISCC Plus certification...

25th Apr 2023

P&G has reported a 4 per cent growth in Q3 FY23 net sales to $20.8 billion, with organic sales up 7 per cent. Diluted net earnings per share also increase by 3 per cent due to increased net sales, operating margin and a reduction in shares outstanding. P&G expects all-in sales to grow approximately 1 per cent and organic sales to grow 6 per cent for...