world textiles research news

16th Aug 2022

Evonik closed the second quarter of fiscal 2022 with strong results as sales increased 31 per cent year-on-year to €4,772 million due to higher selling prices and positive currency effects, despite slightly lower volumes. Adjusted earnings before interest, taxes, depreciation, and amortisation (adjusted EBITDA) increased by 12 per cent to €728 million.

12th Aug 2022

The Leipzig-based company emtec Electronic GmbH will present its Tactile Sensation Analyzer (TSA) at the 35th annual Hofer Vliesstofftage from September 20-21, 2022 at the Freiheitshalle in Hof, Germany. Rising energy costs, supply chain disruption, and sustainability concerns are some of the central topics to be discussed at the international event.

10th Aug 2022

Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...

9th Aug 2022

In the first half of 2022, Suominen’s net sales were in line with the previous year and amounted to €228.3 million. Sales volumes decreased from 2021 while sales prices were higher. The impact of currencies on net sales was €12.6 million. The sales of the Americas business area were €126.0 million and of the Europe business area were €102.3 million.

9th Aug 2022

The net sales of Edgewell Personal Care Company, a global company with over 25 market-leading brands in shave, grooming, sun, skin and feminine care were $573.7 million in the third quarter, an increase of 18.6 per cent, as compared to the prior year period. The sales of feminine care segment rose $4.6 million, or 6.7 per cent, from the prior year...

8th Aug 2022

Glatfelter Corporation has reported a loss from continuing operations for the second quarter of 2022 of $2.5 million, or $0.05 per share, compared with net income of $1.5 million, or $0.03 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the second quarter of 2022 were a loss of $1.6 million.

5th Aug 2022

The net sales of Berry Group were $3.7 billion in the third quarter of 2022, up by 6 per cent on a comparable basis. The growth is attributed to increased selling prices of $301 million due to the pass through of inflation. On a two-year basis, organic volumes were up 3 per cent, as the company reported strong organic volume growth of 5 per cent a year ...

5th Aug 2022

Sales of SGL Carbon for the first half of fiscal 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7 per cent compared to the same period of the previous year. After €270.9 million in the first quarter of fiscal 2022, SGL Carbon was able to increase sales to €278.9 million in the second quarter of fiscal 2022.

4th Aug 2022

Scientists at Fraunhofer IKTS in Germany have created a textile vest with integrated acoustic sensors that helps in monitoring the lung function of patients with severe respiratory diseases. The Pneumo.Vest features a technology via which noises in the lungs are recorded and these signals are converted and displayed visually using software.