upcoming technology product news

29th Jul 2024

Rice University engineers have innovatively utilised open-cell foam to create pneumatic logic circuits for soft wearable systems. By harnessing airflow through the foam's porous structure, they enable digital computation, analog sensing, and combined digital-analog control. This approach reduces reliance on traditional electronic components.

27th Jul 2024

Sofidel has signed an agreement to acquire Clearwater Paper Corporation’s tissue business. This acquisition, valued at over $1 billion, includes four US manufacturing facilities and expands Sofidel’s presence in the North American tissue market. The deal enhances Sofidel's technology and sustainability efforts, with the transaction expected to...

25th Jul 2024

Birla Carbon has secured ISCC PLUS certification for its North Bend, US; Hamilton, Canada, and Santander, Spain plants. This achievement underscores their dedication to environmental stewardship and circular practices in producing high-quality carbon-based solutions. With additional certifications planned globally, it aims to set industry standards.

25th Jul 2024

Ontex Group introduces enhanced youth pants aimed at reducing the social impact of adolescent incontinence. Tailored for ages 3 to 15, these pants combine absorbent materials for overnight protection with discreet design for social confidence. Available in Europe initially, they aim to expand globally, reflecting Ontex's commitment to...

24th Jul 2024

Kimberly-Clark reported $10.2 billion in H1 FY24 sales, a decrease of 1 per cent, with 5 per cent organic growth. The company’s operating profit was $1.5 billion, adjusted to $1.7 billion. EPS in H1 FY24 rose to $3.52 from $1.97, with adjusted EPS at $3.97. In Q2 FY24, sales were $5 billion, down 2 per cent, but organic sales grew 4 per cent.

24th Jul 2024

Hospeco Brands Group acquires SSE, including The Safety Zone and Impact Products, through a Delaware bankruptcy court. The move enhances their market presence in sanitary supply and industrial safety, offering a comprehensive range of products to various sectors. The integration ensures continuity for SSE's customers, vendors, and employees.

24th Jul 2024

Freudenberg Performance Materials Apparel inaugurates a new thermal insulation factory in Vietnam, enhancing production of comfortemp materials for fashion and sportswear. This expansion aims to meet growing demand in Southeast and South Asia, offering localised, sustainable solutions to streamline supply chains and support customer initiatives.

23rd Jul 2024

H.B. Fuller progresses on its sustainability journey by setting Science Based Targets for greenhouse gas reductions and integrating sustainability into product innovation and operations. With new targets expected in 2024, the company focuses on reducing environmental impact, enhancing employee culture, and fostering community partnerships.

22nd Jul 2024

Essity reported a 1.2 per cent decline in Q2 FY24 net sales to SEK 36.617 billion (~$4.37 billion). EBITA rose 27 per cent to SEK 5.237 billion. Excluding IAC, EBITA increased 17 per cent. ROCE improved to 17.9 per cent, and operating cash flow grew 14 per cent. Profit surged to SEK 3.333 billion, with EPS from continuing operations rising to SEK ...