28th Oct 2024
The net sales of Essity declined 2.2 per cent to SEK 36,274 million (~$3.42 million) in the third quarter of fiscal 2024, but organic growth reached 1.9 per cent. Strong earnings were driven by higher volumes in health and medical products and effective cost-saving measures, resulting in good profitability despite a challenging global economy.
28th Oct 2024
Ontex has reported €468 million ($506.23 million) in Q3 2024 revenue, a 1.7 per cent like-for-like increase, with volumes up 4.4 per cent. Adjusted EBITDA rose 29 per cent to €56 million ($60.57 million) due to volume growth and cost transformation. The company agreed to sell its Brazilian operations for approximately €110 million (~$118.99...
25th Oct 2024
Gessner has launched MecNa, a revolutionary air filter media featuring a 3D nanofibre design for enhanced durability and performance. Developed post-COVID, MecNa addresses reduced lifespan issues in current nanofibre filters by embedding individual nanofibres within the media. This construction ensures high airflow resistance and consistent...
23rd Oct 2024
INDA, in collaboration with Nonwovens Industry Magazine, is accepting nominations for the 2025 IDEA Achievement Awards, recognising innovations in the nonwoven and engineered materials sectors since IDEA22. Award categories include Raw Materials, Nonwoven Product, Short-Life, Long-Life, Equipment, and Sustainability Advancement. Entries are due by...
23rd Oct 2024
Web Industries has appointed Suzanne Rotherham as chief operating officer. With over 25 years of experience in supply chain, IT, and general management, she has led transformative initiatives, including ERP implementation. Rotherham previously served as VP and managing director at Hollingsworth & Vose and held leadership roles at Johns Manville.
22nd Oct 2024
Minna Rouru has been appointed as the chief people and communications officer at Suominen, effective February 2025. She joins from Kone Corporation, bringing extensive experience in HR management and change leadership across Asia, America, and Europe. President and CEO Tommi Björnman expressed confidence in Rouru's ability to enhance Suominen's...
18th Oct 2024
Gessner has introduced its Alphastar tribo-electric and NeenahPure meltblown nonwovens, featuring an activated carbon layer for pleatable and bag filters. These high-efficiency electrostatic filter media capture impurities like VOCs and odours, tailored to individual needs. The Alphastar offers superior filtration performance, while NeenahPure...
14th Oct 2024
The inaugural Asia Nonwovens Technology Expo (ANTEX Asia 2024) will be held from November 13-15 in Bangkok, showcasing Thailand’s leadership in sustainable nonwoven technologies. With a market share of 48 per cent in Southeast Asia, Thailand aims to strengthen its position as a production hub. The expo will feature more than 100 exhibitors.
9th Oct 2024
Berry’s subsidiary, Treasure Escrow Corporation, plans to issue $500 million in senior secured notes, due 2031. Proceeds will fund cash distributions related to the merger of Berry's nonwovens business with Glatfelter, repay Glatfelter's debt, and cover fees. The combined entity will be renamed Magnera Corporation. The notes are offered only to...