cosmetics news

6th Nov 2021

Austria-headquartered international technology group Andritz saw good business development in the third quarter of 2021 and EBITA and profitability increased significantly compared to the previous year’s reference period. However, due to the lack of large-scale orders, order intake was just under €1.5 billion and thus below the level of the previous...

6th Nov 2021

Glatfelter, US’ supplier of engineered materials, has announced that it has completed the previously disclosed acquisition of Jacob Holm for aggregate consideration of approximately $302 million including the extinguishment of Jacob Holm’s existing debt and other adjustments. The transaction was funded through $500 million senior unsecured notes...

4th Nov 2021

Lear Corporation, US’ automotive technology leader in seating and E-systems, has entered into a definitive agreement to acquire substantially all of Kongsberg Automotive’s Interior Comfort Systems (ICS) business unit. Under the terms of the deal, Lear will acquire Kongsberg Automotive’s ICS business unit for €175 million, on a cash and debt free basis.

3rd Nov 2021

The China Nonwovens and Industrial Textiles Association (CNITA) recently held the Fifth Member Congress and celebrated its 20th anniversary in Beijing. The Congress reviewed and approved the report of the Fourth Council, and elected the Fifth Council. CNITA includes institutions and associations in the field of nonwovens and technical textiles.

3rd Nov 2021

Japan’s Teijin Aramid has achieved yarn-to-yarn recycling for its Twaron fibre. Aligning with Teijin Aramid’s belief in taking responsibility for the environmental impact of its material flows, this development is a key step toward its goal of supplying fully circular fibre. Teijin is a technology-driven company that produces high quality fibre.

3rd Nov 2021

3M, a technology company engaged in manufacturing of industrial and safety products, posted a 7.1 per cent sales increase to $8.9 billion in the third quarter (Q3) of FY21, over the same period of last fiscal. With the continued growth momentum, the company has further raised its guidance for 2021, and now expects sales to rise between 9-10 per cent.

2nd Nov 2021

Germany’s RWTH alumnus and astronaut Martin Maurer to test self-cleaning stockings from Upper Hand and ITA in space via SpaceX Dragon. The antiviral technology of the ViruShield research project, funded by EIT Health, prevents viruses and bacteria transmission that cause unpleasant odours. The idea is to show that technology can also solve everyday...

2nd Nov 2021

Jokasafe, European vinyl glove manufacturer, has launched a new glove based on highly sustainable Biovyn PVC. Developed by Inovyn, a PVC producer, Biovyn is a next-generation PVC made using 100 per cent renewable feedstock. Biovyn has contributed to a wide range of industries, including textiles, to significantly reduce their carbon footprint.

2nd Nov 2021

Finland’s Ahlstrom-Munksjö is set to offer its high-performance sterilisation nonwoven wraps US under the globally recognised Reliance brand. The sterile barrier systems offer excellent bacterial barrier thanks to cellulosic fibres that create a tortuous path for excellent sterility maintenance of surgical instruments up to the point of use.