cosmetics news

4th Jun 2021

Further to the announcement in February 2021, that hygiene and health company Essity had entered an agreement to acquire the remaining 63.8 per cent of the shares in Asaleo Care, Essity has announced that Asaleo Care shareholders voted in favour of accepting the offer. Essity will acquire remaining 63.8 per cent of the shares for AUD 1.40 cash per...

4th Jun 2021

Kudos, a US-based sustainable diaper manufacturer, has raised $2.4 million in seed funding from investors like Foundation Capital, XFund, PJC, Precursor Ventures, Liquid 2 Ventures, SV Angel, Underscore VC, Alpha Bridge Ventures, April Underwood among others. It is the first disposable diaper to earn the cotton natural seal from Cotton Inc, said the...

3rd Jun 2021

Gurit, a manufacturer of advanced composite materials and composite tooling equipment, has announced a five-year materials supply contract extension with the Swiss manufacturer Pilatus Aircraft Ltd. The agreement is a continuation of a long-standing partnership and is expected to generate double digit million CHF net sales over the 2021-2025 period.

3rd Jun 2021

Techtextil North America, to be held from August 23-25, 2021 in Raleigh, North Carolina August, has announced new product categories in technical textiles and nonwovens. Visitors can see the latest manufacturing technology, machinery, and textile products, from high-tech fibres, functional apparel fabrics, and smart textiles to composites and nonwovens.

3rd Jun 2021

The World of Wipes (WOW) international conference by INDA, the Association of the Nonwoven Fabrics Industry, will deliver latest insights on sustainability and focus on COVID impact on wipes consumption and cleaning habits. The conference, to be held from July 12-15, 2021, in Atlanta, will deliver timely consumer insights and material science...

3rd Jun 2021

Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, has launched a new 3D Printing Filament Recycling Programme in partnership with Vartega, a leading recycler of advanced materials including carbon fibre reinforced plastics. The programme opens way for a circular pathway for material re-use.

2nd Jun 2021

England-based technical fabric manufacturer Nonwovenn has invested over £7 million in the production site at Bridgwater, Somerset over the last 1 year, where it has operated since 2003. The company has purchased the freehold of its production site and has also invested in a new manufacturing line with additional state-of-the-art technologies.

2nd Jun 2021

Avient Corporation is helping replacement of metal or wood with its advanced composite materials that are valued for their exceptional strength-to-weight ratio, durability, dimensional stability and corrosion resistance, in transportation sector. Manufacturers around the world have embraced lightweighting to improve sustainability in transportation.

1st Jun 2021

Suominen, Finland-based manufacturer of nonwovens as roll goods for wipes and other applications, had signed in July 2020 a syndicated revolving credit facility agreement of €100 million with a maturity of 3 years with 2 1-year extension options. Suominen has now agreed on utilisation of the first option, extending the maturity of the facility to July...