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Pic: Lear Corporation
US' Lear Corporation’s sales grew 23% in Q3 FY22

7th Nov 2022

US' Lear Corporation, a global automotive technology leader in seating and e-systems, has recorded a 23 per cent growth in its sales of third quarter (Q2) of fiscal 2022 (FY22). Excluding the impact of foreign exchange, commodities, and acquisitions, Lear’s sales were up 26 per cent, reflecting the addition of new business in business segments.

Pic: Glatfelter
US’ Glatfelter’s revenue improves 33 per cent in Q3 FY22

6th Nov 2022

Glatfelter Corporation, a global supplier of engineered materials, has announced that its revenue improved by 33 per cent, attributable to Jacob Holm acquisition (Spunlace), in the third quarter (Q3) of FY22 ended September 30. The company witnessed a record operating income in Airlaid Materials and goodwill impairment charge of $42.5 million for...

Pic: Business Wire
US’ Swiss Precision launches StartEngine Crowdfunding campaign

5th Nov 2022

Swiss Precision, US’ apparel brand for the medical scrub, uniform, and accessories markets, have unveiled their StartEngine Crowdfunding campaign. It offers investors opportunities to disrupt the medical scrub, uniform, and accessories markets with Swiss Precision’s copper + natural patented materials, which kills or slows the spread of microorganisms.

Pic: Stavian Quang Yen Petrochemical
Vietnam’s Stavian Chemical chooses 2 licences to boost PP production

5th Nov 2022

Vietnamese company and project investor Stavian Quang Yen Petrochemical Plant has chosen two of world’s leading advanced technology licenses, Honeywell UOP and Basell Poliolefine Italia, for its polypropylene production. With this move, the company expects to bolster its exports of petrochemical products to international market and domestic supply.

Pic: Ashland
US’ Ashland earns EcoVadis Gold

5th Nov 2022

US’ Ashland has earned EcoVadis Gold underscoring the company’s commitment to environment, social and governance (ESG) and a conscious-to-cutting-edge approach to innovation. Since its founding in 2007, EcoVadis, one of the world’s leading and trusted providers of business sustainability ratings has ranked over 100,000 companies globally.

Pic: Filtrex/ Edana
EDANA announces shortlisted entries for Filtrex Award in Germany

4th Nov 2022

The bi-annual Filtrex Innovation Award 2022, that recognises innovation in the filtration industry, is inviting applicants to share the creative ideas behind their innovation and how it benefits society. The award celebrates the continuous efforts for excellence by manufacturers of nonwoven based filtration products and/or elements.

Pic: Andritz
Austria’s Andritz reports order intake of €2.7 bn in Q3 2022

4th Nov 2022

International technology group Andritz’s order intake amounted to almost €2.7 billion in the third quarter (Q3) of 2022, exceeding €2 billion for the fourth quarter in a row. At €10.8 billion at the end of September 2022, the order backlog reached a new record level. Its revenue reached €1,890.8 million in Q3 2022, well above €1,521.5 million in Q3...

Pic: Shutterstock/ JN 999
US’ Argonne, 3M create solution for slashing energy costs of N95 masks

4th Nov 2022

The US Department of Energy’s (DOE) Argonne National Laboratory has collaborated with multinational tech company 3M to develop a technique to drastically reduce the amount of energy required for melt blowing the materials needed in N95 masks and other applications. Many of the materials in these masks are produced by a technique called melt blowing.

Pic: Ahlstrom-Munksjo
Ahlstrom invests €2 million in new laminator at Brazil plant

4th Nov 2022

Ahlstrom has invested €2 million in a laminator at the Louveira plant, Brazil. With a planned installation in 2023, the equipment will be operational by Q1 2024. This initiative will expand manufacturing capabilities at the Louveira plant. It reinforces the company’s ambition in filtration markets by shorter lead-times and improved local technical...

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