information technology press release news

23rd Nov 2023

Warroad Hockey, co-founded by NHL star TJ Oshie, partners with Noble Biomaterials to meet high demand for its TILO Baselayers. Launched in September 2023, these baselayers offer 360-degree protection around the neck and forearms with cut-resistant and antimicrobial technology. Featuring Noble's Ionic+ silver ions, the gear aims to enhance player...

21st Nov 2023

Clean Solutions Group has acquired HDK Industries, expanding its eco-friendly filtration media range. Backed by Branford Castle Partners, this move bolsters CSG's position in the filtration sector. HDK's expertise in air and liquid filtration will integrate into CSG's Fibrix Filtration brand. The transition is led by CEO Keith White and president...

20th Nov 2023

Berry reported a decrease in FY23 net sales to $12.664 billion from $14.495 billion in FY22. Q3 FY23 sales were $3.087 billion, down from $3.421 billion. Operating income fell to $1.079 billion in FY23. International consumer packaging remained flat in FY23, while North American consumer packaging and health, hygiene, and specialties segments saw ...

20th Nov 2023

Hyosung, Tefron, and Santoni will showcase their collaborative sustainable activewear and seamless clothing at ISPO Munich. Combining Tefron’s seamless knitting expertise with Hyosung’s creora bio-based yarn, the partnership offers innovative designs and styles. The collection includes terry knitting solutions for enhanced protection and comfort.

17th Nov 2023

Effective January 1, Freudenberg will see Dr Andreas Raps become CEO, succeeding Dr Frank Heislitz, and Marco Altherr take over as CFO from Thomas Herr. The board will include John McNabb as CTO. Raps, a member of Freudenberg SE's executive council, was previously CEO of EagleBurgmann. Altherr, CFO of Vibracoustic SE, held roles at Freudenberg & Co....

14th Nov 2023

The JEC Group and EuCIA have signed a three-year agreement to promote composite materials in Europe, focusing on a net-zero future. This partnership will enhance networking, market intelligence, and industry-wide communication. They will co-produce the 2023 JEC Composites Sustainability Report and introduce new initiatives at JEC World 2024.

13th Nov 2023

Japanese firm Toray Industries reported a 4.9 per cent decline in H1 FY24 revenue to ¥1,199.4 billion, with significant drops in core operating income and profit. The company’s fibres and textiles segment saw revenue decline but increased operating income, while the carbon fibre segment achieved revenue growth and higher operating income.

13th Nov 2023

Edgewell Personal Care announced a 3.7 per cent rise in fiscal 2023 net sales, reaching $2,251.6 million. Gross profit increased to $938.4 million. However, Q4 FY23 saw a slight 0.5 per cent dip in net sales to $534.1 million, with a 1.9 per cent drop in organic sales. The feminine care segment experienced a 5.7 per cent decrease in Q4 FY23 sales.

13th Nov 2023

Lummus Technology and Citroniq Chemicals plan to open the first North American bio-polypropylene plant in the US by 2027 with a 400kta capacity. The project, utilising Lummus’ Verdene technology, marks a significant step in carbon-negative production. It aims to meet growing bio-polypropylene demand and support energy industry decarbonisation.