26th Apr 2023
American firm Hexcel Corporation reported Q1 FY23 sales of $457.7 million, up 17.2 per cent YoY, driven by commercial aerospace sales, which grew by 30 per cent to reach $284.5 million. The company's adjusted operating income increased to $63 million or 13.8 per cent of sales, compared to $31.1 million, or 8 per cent of sales in Q1 FY22.
26th Apr 2023
Kimberly-Clark has posted a 2 per cent YoY growth in sales to $5.2 billion in Q1 FY23. Organic sales rose 5 per cent YoY, with North American sales up 5 per cent YoY. The company's personal care segment reported sales of $2.7 billion, while the consumer tissue segment reported sales of $1.6 billion. Net sales are expected to grow by 0-2 per cent in...
25th Apr 2023
PFNonwovens has partnered with Borealis to enhance nonwoven production for the personal hygiene market by using Bornewables polypropylene resins. The raw material feedstock is derived entirely from waste and residue vegetable oil streams, reducing the eco-footprint. The renewable content is mass balance accredited under the ISCC Plus certification...
25th Apr 2023
P&G has reported a 4 per cent growth in Q3 FY23 net sales to $20.8 billion, with organic sales up 7 per cent. Diluted net earnings per share also increase by 3 per cent due to increased net sales, operating margin and a reduction in shares outstanding. P&G expects all-in sales to grow approximately 1 per cent and organic sales to grow 6 per cent for...
25th Apr 2023
Cambridge University researchers have developed next-generation smart textiles that incorporate LEDs, sensors, energy harvesting, and storage. The researchers created test patches of smart textiles measuring around 50x50 cm, which could be scaled up. They can be produced inexpensively and, in any shape, or size using machines used to make everyday...
24th Apr 2023
India's National Technical Textiles Mission held a brainstorming session on growth opportunities in hometech and clothtech during the Saurashtra Tamil Sangamam in Rajkot, Gujarat. The event was attended by ministers Piyush Goyal and Darshana Vikram Jardosh along with industry leaders. The session focused on investment and export opportunities in the...
24th Apr 2023
Freudenberg has achieved a milestone in sustainable textile solutions with the introduction of the apparel industry's first biodegradable fusible cotton shirt interlinings range, named 46xx (42xx series in Asia). This innovative development demonstrates their commitment to reducing environmental impact and supporting customers in sustainability goals.
24th Apr 2023
Index23, the international nonwovens exhibition, was a resounding success with a strong global presence. The event featured 610 exhibitors from 43 countries showcasing their products, representing a significant increase in exhibitors compared to 2021. This surge in participation is a clear indication that the nonwovens industry is back in business.
24th Apr 2023
Aluula Composites & the UBC have joined forces to pioneer recycling applications for Aluula's cutting-edge high-performance composite materials based on ultra-high molecular weight polyethylene. Conventionally, composite materials are manufactured by bonding together different layers of core materials and outer films to make fabrics for various...