information technology press release news

5th Sep 2023

MSA Safety aims to reduce market-based Scope 1 and 2 GHG emissions by 42 per cent by 2030, using a 2021 baseline, as revealed in its 2022 Impact Report. The report emphasises MSA's commitment to protecting workers and advancing sustainability, highlighting achievements like 30 per cent board diversity and products like the MSA Bacharach MGS-401...

4th Sep 2023

In Q4 FY23, Donaldson Company achieved a gross margin of 34.1 per cent, up 130 basis points due to pricing benefits and stable input costs. Adjusted gross margin, excluding charges, was 34.3 per cent. Sales slightly declined by 1.2 per cent to $879.5 million, with the Mobile Solutions segment down by 4.8 per cent and Aftermarket sales fell by 6.7...

3rd Sep 2023

Teijin Limited is selling its Japanese subsidiary GH Craft to TIP Composite, aiming to focus on its North American operations. Acquired in 2008, GH Craft has been crucial in composite material design for aerospace, automotive, and railway sectors. Teijin, facing profit shortfalls due to various factors, is reallocating resources to North America.

1st Sep 2023

Pincroft will make its inaugural appearance at the Defence and Security Equipment International in London. The company plans to unveil Night Stealth Camo, a fabric designed to enhance concealment in nighttime special operations. The fabric specifically addresses the vital needs of special forces, offering a breakthrough in infrared disruption...

1st Sep 2023

Andritz will install its Metris All-In-One digitalisation platform for Lotus Teknik Tekstil's new Wetlace CP nonwovens production line. The integration, to be completed by September, aims to optimise efficiency, quality, and cost-effectiveness. Metris combines AI-driven production management, simulation, cybersecurity, condition monitoring to...

31st Aug 2023

India's technical textile startups are buoyed by the new GREAT initiative. Industry experts believe that the scheme will fast-track growth and attract new entrepreneurs, meeting a longstanding demand for financial support in this sector. The ministry of textiles has also approved 26 engineering schools to introduce technical textile courses.

31st Aug 2023

Toray Industries, Nitto Seimo, and Maruha Nichiro Corporation's subsidiary Taiyo A&F are expanding their recycling programme aimed at resolving marine plastic pollution. The programme, initiated last November, involves recycling materials from fishing nets into new ones. The companies are now extending the programme to include used nylon fishing...

31st Aug 2023

Ahlstrom is set to divest its Stenay plant in France to Accursia Capital after receiving approval from employee representatives. The transaction, expected to be finalised by September end, is in line with Accursia Capital's strategy to develop the Stenay plant and ensure its sustained future, thus safeguarding jobs and enhancing the paper-based...

31st Aug 2023

Cionic's innovative bionic clothing, the Cionic Neural Sleeve, has received multiple awards at the 2023 International Design Excellence Awards (IDEA) by the Industrial Designers Society of America. The Neural Sleeve, designed in partnership with fuseproject, earned a gold award for Digital Interaction and a silver award for design in the medical and...