world textiles research news

13th Feb 2024

INDA prioritises sustainability in 2024, focusing on responsible sourcing, end-of-life solutions, and sustainability innovations. Initiatives include webinars, committees, a sustainability report, and special journal editions. INDA commits to long-term sustainability efforts, aiming to expand influence and engage stakeholders beyond the industry.

13th Feb 2024

Ontex reported a 10 per cent YoY like-for-like revenue increase to €1,795 million in FY23, driven by a 9 per cent price rise. Adjusted EBITDA surged 67 per cent to €174 million. Total revenue reached €2,342 million, including €547 million from discontinued operations. Q4 revenue was stable at €446 million, with adjusted EBITDA up 16 per cent YoY.

12th Feb 2024

Ontex has achieved an A-rating from Carbon Disclosure Project (CDP) for climate change leadership, ranking in the top 6 per cent of 23,000 evaluated companies. CEO Gustavo Calvo Paz highlights a 50 per cent reduction in carbon emissions in three years. Ontex sources over 90 per cent of electricity globally and 100 per cent in Europe, from renewable ...

9th Feb 2024

Allmed Medical Products Co Ltd has accepted the slitter rewinder of A.Celli, achieving mutually satisfying results. The E-Wind Sonic machine features a 4600mm width, 1500 mpm design speed, and automatic shaft handling system with robot. Installed downstream of a Reicofil line, it complements an existing A.Celli E-Wind Wave master roll winder.

9th Feb 2024

Berry Global, Glatfelter Corporation merge majority of health, hygiene, specialties segment to form leading specialty materials company. Transaction has been approved by both boards. NewCo will serve markets with a diverse product suite, focusing on innovation, sustainability. Berry will shift to pure-play packaging, while Glatfelter will remain...

9th Feb 2024

INDA has announced the registration for WOW International Conference 2024, focusing on wipes innovation and sustainability. Industry leaders like Clorox, Kimberly-Clark, and Nice-Pak will share insights. The four-day international event will include the WIPES Academy and nominations for the innovation award, with submissions due by April 15.

8th Feb 2024

Suominen Corporation's FY23 net sales fell by 9 per cent to €450.9 million, down from €493.3 million. Sales in the Americas remained stable, while Europe saw a significant decline. The company's comparable EBITDA increased marginally to €15.8 million, despite a decrease in reported EBITDA to €11.2 million. In Q4 FY23, operating profit rose to...

8th Feb 2024

The Indian government has approved a project focusing on researching the development of the world's strongest carbon fibre, essential in aerospace, civil engineering, and defence industries. Piyush Goyal chaired a meeting to greenlight technical textile projects, including carbon fibre research. India aims for self-reliance in technical textiles.

8th Feb 2024

UK-based Natracare's COSMOS organic certified cleansing makeup remover wipes have received the Environmental Working Group (EWG) certification, affirming their commitment to safe and eco-friendly products. Made with 100 per cent certified organic cotton and natural ingredients, these wipes are free from chemicals, fragrances, and additives.