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1st May 2023

With the acquisition of I.G. Bauerhin (IGB), Lear Corporation will be able to expand its range of in-vehicle comfort technologies and enhance its thermal comfort systems portfolio. IGB's expertise in automotive seat heating, ventilation, active cooling, and other related technologies will be a valuable addition to Lear's existing capabilities.

29th Apr 2023

The addition of an elastic variant to Freudenberg's flexible superabsorbers for wound dressings is an excellent development that will enhance patient comfort and reduce the need for frequent dressing changes. The use of a new technology that does not perforate or slit the material is also noteworthy, as it achieves a high degree of consistent...

28th Apr 2023

China’s imports of natural and synthetic rubber during Q1 2023, decrease 13 per cent in value compared to the same period the previous year. However, the volume of imports increased by 10.7 per cent, according to the General Administration of Customs of China. In March 2023, the value of imported rubber was $1,082 million with a volume of 7,300,000 ...

28th Apr 2023

Lear Corporation has reported 12 per cent YoY increase in sales to $5.8 billion in Q1 FY23. Adjusted EPS increased 54 per cent YoY to $2.78, while net income was $144 million. For FY23, the company anticipates net sales ranging between $21.2 billion and $22.2billion, with an expected core operating earnings of $875 million to $1.075 billion.

28th Apr 2023

Researchers from universities around the world have developed a new metallic coating treatment for clothing or wearable textiles that can self-repair, repel bacteria, and monitor heart signals. The conductive circuits created by liquid metal particles can transform wearable electronics and open doors for further development of human-machine interfaces.

28th Apr 2023

US researchers have created a wearable technology called KnitDema that massages swollen areas of a patient’s hand affected by hand oedema. It uses thread-like shape memory alloy springs woven into the knitted material that are activated by a circuit board to mobilise fluid out of the swollen area. The KnitDema device can be used at the patient’s...

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

Austrian technology group Andritz has reported a 28.5 per cent increase in revenue to €1,962.6 million for Q1 FY23 compared to Q1 FY22. The company's order intake fell 6.5 per cent YoY to €2,420.2 million, with the exception of its metals business area, which saw growth. Despite the decline in orders, Andritz's order backlog rose to €10,407.8 million.