information technology press release news

23rd Jan 2024

Henkel inaugurated its largest Asia-based R&D centre in Shanghai, investing approximately 100 million RMB. The centre aims to attract top scientific talent and enhance local R&D capabilities in hair and laundry & home care. This state-of-the-art facility supports agile product innovations based on regional consumer habits across eleven Asian...

23rd Jan 2024

Web Industries has appointed Megan Glidden, CPA, as its chief financial officer. She brings her expertise to enhance Web Industries' financial functions, supporting the company's operations in aerospace, medical, personal care, and industrial markets. Glidden aims to contribute to the growth and success of Web Industries and its stakeholders.

22nd Jan 2024

Hello Bello, a leading family care products brand based in the US, has appointed Will Righeimer, CEO of Hyland's Naturals, as its new CEO under Hildred Capital Management's dual leadership strategy. The move aims to create a comprehensive pediatric and general wellness platform. Righeimer expressed excitement about the synergy between the companies.

19th Jan 2024

Ministry of textiles has approved 11 R&D projects in technical textiles, worth ?103 crore, focusing on areas like protech, meditech, and more. Minister Piyush Goyal chaired the 8th NTTM meeting, emphasising collaboration for indigenous development. Projects are led by institutes like CSIR-NAL, ATIRA and IIT Delhi, covering machine and equipment...

19th Jan 2024

Essity, a hygiene and health company, has been recognised as one of the world's most sustainable companies by Corporate Knights. The Global 100 list, representing the top 1 per cent globally, was announced at the World Economic Forum. Essity's inclusion reflects its commitment to responsible business practices, impacting over a billion people daily.

19th Jan 2024

Compass Diversified is set to partner with The Honey Pot Company in a deal valued at $380 mn. The Honey Pot Co, known for its 'better-for-you' feminine care products, will maintain its leadership team and a significant minority stake. The Atlanta-based company, founded in 2012, emphasises plant-derived ingredients and aims to destigmatise feminine...

18th Jan 2024

PFI confirms Trans-Textil and Covestro's Aquair water-based technology is 100 per cent vegan, meeting high technical and ethical standards. The microporous PU system, based on sustainable Insqin tech, offers unique properties with reduced water and energy use. The regional 'Made in Germany' production emphasises creative freedom in design and...

18th Jan 2024

Belgian company BIG Yarns has introduced PET BCF yarns for high-end automotive interiors, complementing its existing polyamide PA6 superior yarns. The virgin polyester yarns offer eco-friendly design, being 100 per cent recyclable at End of Life (EOL). They meet automotive standards for abrasion resistance, stain resistance, and durability.

17th Jan 2024

Survitec has acquired Vinyl Technology, a US-based manufacturer specialising in custom plastic and fabric products for military and high-end markets. This strengthens Survitec's position in the US defence market, particularly in Pilot Flight Equipment production. Vinyl’s expertise in complex garment manufacturing enhances Survitec's product...