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Pic: Fibre Extrusion Technology
UK’s FET gets high quality enquiries from global firms at Techtextil

2nd Aug 2022

Fibre Extrusion Technology (FET) enjoyed another successful Techtextil, with high quality enquiries from technical companies worldwide, but in particular from customers based in Europe. The company’s principle theme at Techtextil was sustainability, since FET extrusion systems are ideally suited for process and end-product development of sustainable...

Pic: Andritz
Austrian tech group Andritz’s revenue up 16.7% in Q2 2022

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.

Pic: Ontex
Belgium’s Ontex posts revenue of €1,152 mn in H1 2022

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.

Pic: Sheets & Giggles
US’ Sheets & Giggles unveils sustainable hybrid model mattress

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 ...

Pic: Shutterstock
US’ Owens Corning’s sales rise 16% to $2.6 bn in Q2 FY22

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.

Pic: PR Newswire
US’ First Quality unveils Earth + Eden sensitive diapers

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...

Pic: Berry Global
Berry's 3 North American sites get Oeko-Tex Standard 100 certification

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.

Pic: Shutterstock
Germany’s Naturamus, DITF working on textiles by recycling lavender

28th Jul 2022

Natural cosmetics company Naturamus has teamed up with the University of Hohenheim to grow suitable lavender varieties in the Swabian Alps in Germany and devise eco-friendly ways to extract essential oil from them. Research is also underway for developing ways to recycle large quantities of residual materials to produce composite fibres and textiles.

Pic: Insempra
Germany’s Insempra announces strategic investment in Solena Materials

28th Jul 2022

Insempra, a biology-powered company enabling businesses to make superior products in partnership with nature which is headquartered in Germany, has announced a strategic investment in Solena Materials, a synthetic biology company. Solena, a spin-out from Imperial College London, develops synthetic proteins for high-performance clothing fibres.

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