30th Apr 2024
Andritz has enhanced Essity's tissue machine in England, optimising combustion control to reduce gas consumption by up to 4 per cent. This upgrade significantly lowers CO2 and NOx emissions, improving safety and sustainability. The collaboration underscores Andritz's commitment to supporting Essity in achieving efficient and eco-friendly tissue...
27th Apr 2024
Owens Corning reported Q1 FY24 net sales of $2.3 billion, unchanged from last year, with net earnings margins at 13 per cent. Adjusted EBIT and EBITDA margins were 19 per cent and 25 per cent, respectively. Composites sector sales fell 11 per cent to $523 million due to lower volumes and price drops, partially offset by positive pricing in...
27th Apr 2024
Swedish company Essity's Q1 FY24 saw a net sales decrease of 4.1 per cent to SEK 34.85 billion (approximately $3.2 billion). Despite this, EBITA rose by 4 per cent to SEK 4.52 billion, and EBITA excluding IAC increased by 14 per cent to SEK 4.88 billion. Operating cash flow surged 48 per cent to SEK 4.25 billion. Profit soared to SEK 11.49...
26th Apr 2024
Andritz launches a new nonwovens production line at Teknomelt Teknik Mensucat San. ve Tic. in Turkiye, producing biodegradable wet wipes. The neXline wetlace CCP line combines spunlace and wetlaid technologies, enabling the use of bio-based fibres like viscose and wood pulp. This supports Teknomelt's sustainability goals and expands their product...
25th Apr 2024
European Parliament approved a sustainability-focused packaging law, securing 476 votes in favour. The legislation targets a reduction in packaging waste to boost the circular economy. It introduces measures such as limits on empty space in packaging, bans on certain single-use plastics from 2030, and restrictions on PFAS chemicals in food...
25th Apr 2024
Kimberly-Clark Corporation reported a slight decrease in Q1 FY24 sales, down 1 per cent to $5.1 billion, despite a 6 per cent rise in organic sales. North American organic sales grew by 3 per cent, while developing and emerging markets saw a notable 15 per cent surge. The company's operating profit improved to $853 million, up from $787 million.
25th Apr 2024
Max Space debuts expandable space habitat at 39th space symposium, reinforced with Aluula Composites. Scheduled for a 2026 launch with SpaceX, it aims for lunar and Martian orbits. The lightweight material enables large living spaces at reduced weight and cost. Aluula's innovation extends beyond space, with collaborations in various industries.
24th Apr 2024
Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...
24th Apr 2024
Filidea Technical Yarns focuses on sustainability and fibre recycling technology at the ongoing 20th edition of Techtextil in Germany. Collaborations with major customers lead to advanced modacrylic yarns. They work with Kaneka Corporation on a recycling process, reducing end-of-life garments into base gases for modacrylic fibre production.