world textile events news

21st Jul 2023

Private equity investors Cornerstone Investment Management and Kartesia have jointly acquired Ecowipes Group, a prominent producer of eco-friendly wet wipes. This purchase reflects their commitment to environmental, social, and governance (ESG) investing. Ecowipes is known for pioneering sustainable and biodegradable wet wipes made from natural...

21st Jul 2023

Swedish company Essity reported a 20.2 per cent surge in net sales to SEK 86,856 million in H1 FY23. The company’s EBITA increased by 101 per cent to SEK 8,660 million, and profits rose 139 per cent to SEK 5,254 million. Adjusted EBITA increased 51 per cent to SEK 9,059 million in H1 FY23 and adjusted EPS increased 46 per cent to SEK 8.31.

20th Jul 2023

Essity has completed the divestment of its business in Russia following its decision to exit the market. The company began the process in April 2022 and incurred an impairment of approximately SEK 1.7 billion. The net sales in Russia accounted for about 2 per cent of Essity's total consolidated net sales in 2022. The buyer is New Technologies,...

19th Jul 2023

Piana Nonwovens has obtained ISO 14001 certification for its environmental management system. The certification, awarded by NSF-ISR, recognises the company's commitment to minimising environmental impacts, setting performance targets, and implementing proactive initiatives. The certification reflects their dedication to environmental integrity.

18th Jul 2023

Toray Industries plans to increase carbon fibre production capacity at its facilities in South Carolina, US, and Korea. The expansion aims to meet the rising demand for pressure vessel applications driven by the clean energy revolution. The expansion aligns with Toray's commitment to sustainability and its goal of contributing to a carbon-neutral...

18th Jul 2023

Scientists have developed mycocrete, a composite material made of mycelium, the root network of fungi and knitted textiles. The mycocrete is stronger and more versatile than previous biomaterials, offering potential for eco-friendly construction. The knitted molds provide a flexible framework for growing the mycelium, allowing for diverse shapes...

14th Jul 2023

The 6th National Conclave on Standards for Technical Textiles, jointly organised by FICCI, MoT, and BIS, will take place on July 25, 2023, in New Delhi. The conclave, a forum for formulating the latest standards in technical textiles, will see addresses by key figures. Objectives include understanding the standardisation status of technical...

14th Jul 2023

Milliken & Company has appointed Patrick Keese as the executive VP and president of its Floor Covering Business. Keese, with extensive international business leadership experience, will oversee Milliken's global floor covering operations. His track record in product launches and operational excellence initiatives will contribute to their floor...

14th Jul 2023

The consortium of Osaka Medical and Pharmaceutical University, Fukui Tateami, and Teijin Limited has received manufacturing and marketing approval in Japan for their surgical patch, Synfolium. The patch, used in the treatment of congenital heart disease, consists of bio-absorbable and non-absorbable yarns coated with cross-linked gelatin.