cosmetics news

6th Feb 2023

Suominen Corporation, a Finish firm that manufactures nonwovens, has reported net sales of €133.1 million, an increase of 15.1 per cent year-on-year (YoY), in the fourth quarter of financial year 2022 ended December 31, 2022. Net sales of the Americas business area amounted to €81.7 million and net sales of the Europe business area were €51.4 million.

6th Feb 2023

The board of directors of Finland’s Suominen has resolved on February 2, 2023 on a new share-based Long-Term Incentive Plan (LTI Plan) for the management and key employees. The new LTI Plan has one three-year performance period, which includes calendar years 2023–2025. The LTI Plan is directed to around 25 people including the president and CEO of...

3rd Feb 2023

FRX Innovations, a US-based leader in eco-friendly flame retardant solutions, has announced that its Nofia product line will benefit from the decision of the European Chemicals Agency (ECHA) to name three common flame retardants as Substances of Very High Concern (SVHC). This designation brings stringent disclosure and notification requirements.

3rd Feb 2023

Lear has been named on Fortune magazine’s ‘World’s Most Admired Companies’ list for the seventh consecutive year. Lear was awarded the highest placement for any North America-based automotive supplier in the Motor Vehicles Parts Industry survey. Lear is an automotive technology leader in seating and e-systems, that enables superior in-vehicle...

3rd Feb 2023

Global companies from more than 15 countries in the filtration and separation industry are set to connect with some 1,500 industry professionals and launch their innovations at FiltXPO 2023. FiltXPO, North America’s only exhibition and conference dedicated exclusively to filtration and separation, will be held from October 10-12, 2023, in Chicago,...

2nd Feb 2023

The UK government has decided to retain existing measures on imports of continuous glass fibre from China, as recommended by the TRA. This means the UK’s glass fibre industry, predominantly based in Wigan, will continue to be protected from injury caused by dumped and subsidised imports of glass fibre from China for five years, from January 31, 2021.

2nd Feb 2023

Switzerland’s Gurit, a company that specialises in advanced composites, has posted preliminary and unaudited net sales of CHF 499.5 million, up 6.7 per cent YoY, for fiscal 2022. The company’s net sales of continued operations were CHF 488.6 million, which is an increase of 17 per cent at constant exchange rates or 11.6 per cent in reported CHF versus...

2nd Feb 2023

Japan’s Toray has made recycled nylon 66 recovered from silicone-coated airbag fabric scrap cuttings. This material achieves the same flowability and mechanical properties as injection moulding grades from virgin nylon 66. Toray specialises in industrial products centred on technologies in organic synthetic chemistry, polymer chemistry, and...

1st Feb 2023

Berry, a leader in the design, development, and production of patient-centred healthcare solutions, will begin production at its new manufacturing facility and healthcare centre of excellence (CoE) in Bangalore, India as early as April 2023. The Greenfield expansion project will create local jobs and improve global access to health products.