2nd Feb 2023
Switzerland’s Gurit, a company that specialises in advanced composites, has posted preliminary and unaudited net sales of CHF 499.5 million, up 6.7 per cent YoY, for fiscal 2022. The company’s net sales of continued operations were CHF 488.6 million, which is an increase of 17 per cent at constant exchange rates or 11.6 per cent in reported CHF versus...
2nd Feb 2023
Japan’s Toray has made recycled nylon 66 recovered from silicone-coated airbag fabric scrap cuttings. This material achieves the same flowability and mechanical properties as injection moulding grades from virgin nylon 66. Toray specialises in industrial products centred on technologies in organic synthetic chemistry, polymer chemistry, and...
1st Feb 2023
Swiss company Autoneum operates five Dieffenbacher automotive component production lines at its Sevelen site. Together with Dieffenbacher, Autoneum has now extensively modernised one of the lines, a GMT/LFT-D line for glass-fibre-reinforced thermoplastics. One highlight of the project was the introduction of the new Evoris digitalisation platform.
1st Feb 2023
Researchers in the US have made novel carbon nanotube yarns that convert mechanical movement into electricity more effectively than other material-based energy harvesters. Improvements to the invented high-tech yarns were called ‘twistrons,’ which generate electricity when stretched or twisted. Their new version is constructed much like cotton yarns.
31st Jan 2023
Sweden-based global hygiene and health company Essity has reported 28.2 per cent year-on-year growth in net sales to SEK 156,173 million in fiscal 2022 (FY22). The company’s sales growth, including organic sales growth and acquisitions, amounted to 17.7 per cent. Adjusted EBITA amounted to SEK 13,058 million and the adjusted EBITA margin to 8.4 per...
30th Jan 2023
Germany’s Voith has acquired shares in the sustainability start-up Yangi, headquartered in Varberg, Sweden. Yangi’s ground-breaking technology emerges from ten years of R&D within its sister company, The Loop Factory, which focuses on the megatrends of sustainability and circular economy. Yangi manufactures next-generation fibre-based solutions.
30th Jan 2023
Hexagon’s manufacturing intelligence division and Sumika Polymer Compounds Europe (SPC Europe), a leading manufacturer of thermoplastic compounds, have partnered to digitise the performance of new sustainable automotive-grade PP compounds, enabling engineers to design components that are more recyclable and offer a lower carbon footprint for future...
29th Jan 2023
India’s ministry of textiles has cleared 15 R&D projects worth around ₹32.25 crores across key areas such as speciality fibre, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles, and textiles for building materials during the 5th Mission Steering Group (MSG) meeting held under the chairmanship of Piyush...
27th Jan 2023
American multinational corporation Kimberly-Clark has reported net sales of $20.2 billion, up 4 per cent YoY, in FY22. The company’s organic sales increased by 7 per cent in FY22. Operating profit was $2,681 million in FY22, compared to $2,561 million in FY21, while the adjusted operating profit was $2,617 million, compared to $2,836 million in FY21.