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Pic: Leigh Fibers
North America’s Leigh Fibers, Revive Fiber to expand capabilities

8th Mar 2024

Leigh Fibers' owners have acquired the assets of Martex Fiber, renaming the business Revive Fiber. Operating separately but under joint management, they become North America's largest textile recycler. With expanded facilities in South Carolina and Texas, they offer a wide range of recycled fibre products, supporting industries globally.

Pic: Hexcel
US’ Hexcel launches new IM9 24K carbon fibre at JEC World

7th Mar 2024

Hexcel Corporation debuts HexTow IM9 24K carbon fibre at JEC World, boasting 12 per cent higher tensile strength than IM7. With 24,000 filaments, it offers over 6,300 MPa tensile strength, 298 GPa modulus, and 1.9 per cent strain. Targeted for aerospace applications, it promises enhanced value and productivity, being compatible with various resin...

Pic: Kimberly-Clark
Ethisphere names US' Kimberly-Clark ethical company for 2024

6th Mar 2024

Kimberly-Clark has earned the 2024 World's Most Ethical Companies recognition from Ethisphere for the sixth consecutive year. Among 136 honourees spanning 20 countries and 44 industries, Kimberly-Clark is one of three in consumer products. This assessment underscores Kimberly-Clark's strong values across various aspects of its operations.

Pic: Adobe Stock
EU Parliament, Council reach deal on more sustainable packaging rules

6th Mar 2024

The European Parliament and Council have agreed on revamped rules to reduce, reuse and recycle packaging. The aim is to make packaging safer and more sustainable, by requiring all packaging to be recyclable, minimising the presence of harmful substances, reducing unnecessary packaging, boosting use of recycled content and improving collection and...

Pic: EdNurg - stock.adobe.com
German firm Evonik’s sales at $16.6 bn in FY23

5th Mar 2024

Evonik Industries’ FY23 sales fell 17 per cent to €15.3 billion ($16.6 billion). Adjusted EBITDA hit €1.66 billion. Smart materials division saw a 15 per cent sales drop, with adjusted EBITDA down 27 per cent to €540 million. Performance materials sales decreased 22 per cent, while the adjusted EBITDA plummeted 68 per cent to €111 million.

Pic: PRNewswire
Arkema to exhibit sustainable materials for composites at JEC in Paris

4th Mar 2024

Arkema will present innovative and sustainable materials for composites at JEC World in Paris, addressing industry challenges like decarbonisation and circular economy. Highlighting polyimide films from PI Advanced Materials for extreme conditions and Bostik's adhesive solutions, Arkema will also showcase UDX brand semi-finished products.

Pic: Trygve - stock.adobe.com
Swedish firm Essity’s sales rise 6.7% in FY23

2nd Mar 2024

Essity reported a 6.7 per cent rise in FY23 net sales, reaching SEK 147 billion, with adjusted EBITA surging 57 per cent to SEK 18.9 billion. The health and medical segment saw a 12.2 per cent sales jump to SEK 27,729 million. Consumer goods rose 10.6 per cent to SEK 79,912 million, while professional hygiene sales rose 14.8 per cent to SEK 39,481...

Pic: Freudenberg Performance Materials
Freudenberg launches fully synthetic wetlaid nonwovens made in Europe

2nd Mar 2024

Freudenberg Performance Materials has introduced a new line of 100 per cent synthetic wetlaid nonwovens produced in Germany. These materials, including micro-fibres, cater to filtration and industrial needs, offering versatility in polymer-based fibres. Ranging from 8g/m² to 250g/m², they boast precise weight, thickness, pore size, and high...

Pic: Schouw & Co/Fibertex Nonwovens
Denmark’s Schouw & Co’s revenue soars 14% to 37.2 bn in FY23

2nd Mar 2024

Schouw & Co's FY23 revenue soared to DKK 37.2 billion, a 14 per cent rise, with EBITDA hitting DKK 2.85 billion, up 25 per cent. Fibertex Personal Care's revenue fell to DKK 1,891 million, a 23 per cent drop, while Fibertex Nonwovens increased to DKK 2,158 million, up 5 per cent. Q4 saw group revenue of DKK 8.85 billion and earnings of DKK 763...

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