e commerce press release news

22nd Nov 2024

Andritz has introduced the PrimeDry HotAir Box, a solution that reduces energy consumption and CO₂ emissions in tissue production. It reuses hot, wet exhaust air from the drying process, enhancing machine efficiency by increasing dryness and reducing energy needs. The system includes an automatic filter cleaning feature and is compatible with any...

21st Nov 2024

Berry Global's net sales increased 3 per cent to $3.2 billion in the fourth quarter of 2024, driven by higher prices and 1 per cent organic volume growth. Successful completion of the HHNF spin-off and merger with Glatfelter Corporation strengthened its position as a sustainable packaging leader. Berry expects continued growth and strong cash flow...

21st Nov 2024

The Marena Group and Clothing 2.0 have partnered to create the world's first line of post-surgical garments infused with natural, pain-relieving ingredients. These reusable, laundry-safe garments enhance recovery for patients undergoing aesthetic and plastic surgery. It combines Marena’s expertise in medical-grade compression with Clothing 2.0’s...

20th Nov 2024

Autoneum has agreed to acquire 70 per cent of Jiangsu Huanyu Group, a leading automotive supplier in China, expanding its customer base with major manufacturers like BYD and BAIC. The acquisition will enhance Autoneum's position in China’s growing market. The deal will strengthen Autoneum’s presence in both light and commercial vehicle sectors.

20th Nov 2024

Amcor and Berry have announced a merger agreement, combining their businesses in an all-stock transaction. Berry shareholders will receive 7.25 Amcor shares for each Berry share, with the combined company valuing Berry’s stock at $73.59 per share. The merger will create a leader in consumer packaging, enhancing innovation, sustainability, and...

18th Nov 2024

Kimberly-Clark has appointed Joseph Romanelli, president of Human Health International at Merck, to its board of directors, increasing the board size to 13. Romanelli brings global leadership experience and expertise in science and healthcare. He has led MSD's international markets since 2022 and previously served as CEO of JiXing Pharmaceuticals.

15th Nov 2024

The Honest Company has generated a revenue of $99 million in Q3 2024, up 15 per cent YoY, and net income of $165,000. Gross margin improved to 38.7 per cent due to cost efficiencies. Adjusted EBITDA was $7 million, marking four consecutive quarters of positive results. Nine-month revenue reached $278.5 million, driven by improved cost management...

14th Nov 2024

SDL Atlas has acquired Mullen Testers, the manufacturer of the Mullen Burst Tester, a key instrument for measuring burst strength in paper, textiles, and nonwovens. This acquisition enhances SDL Atlas' testing capabilities and expands its product range for composite webs, foils, plastics, and packaging materials. Mullen Testers will operate as a...

14th Nov 2024

4M Carbon Fiber has launched a $4.5 million, 50-ton-per-year plasma oxidation qualification line. The project showcases its patented technology, which triples throughput, cuts energy usage by 75 per cent, and reduces costs. This milestone supports extensive qualification projects and partnerships. The aim is to make carbon fibre production more...