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US’ Kimberly-Clark elects Joseph Romanelli to board of directors
US’ Kimberly-Clark elects Joseph Romanelli to board of directors

18th Nov 2024

Kimberly-Clark has appointed Joseph Romanelli, president of Human Health International at Merck, to its board of directors, increasing the board size to 13. Romanelli brings global leadership experience and expertise in science and healthcare. He has led MSD's international markets since 2022 and previously served as CEO of JiXing Pharmaceuticals.

US' The Honest Company's revenue rises 15% to $99 mn in Q3 2024
US' The Honest Company's revenue rises 15% to $99 mn in Q3 2024

15th Nov 2024

The Honest Company has generated a revenue of $99 million in Q3 2024, up 15 per cent YoY, and net income of $165,000. Gross margin improved to 38.7 per cent due to cost efficiencies. Adjusted EBITDA was $7 million, marking four consecutive quarters of positive results. Nine-month revenue reached $278.5 million, driven by improved cost management...

Finnish company Valmet expands IQ Quality Control System
Finnish company Valmet expands IQ Quality Control System

13th Nov 2024

Valmet has expanded its IQ Quality Control System by launching four new measurements for raw material components, colour, and ash content. These innovations help optimise resource usage, reduce carbon footprints, and improve product quality. The new measurements include IQ Transmission Spectrum, IQ Reflection Spectrum, IQ Color, and IQ Total X-ray.

Finland’s Suominen ‘s net sales increase to $120.53 mn in Q3 2024
Finland’s Suominen ‘s net sales increase to $120.53 mn in Q3 2024

13th Nov 2024

Suominen Corporation has reported Q3 2024 net sales of €111.6 million (~$120.53 million), up from €106.4 million YoY. The company suffered a net loss of €3.2 million (~$3.4 million) due to operational challenges. YTD sales reached €343.8 million (~$370.9 million), and the company expects a full-year EBITDA increase. Sustainability efforts earned...

US company Berry completes merger of HHNF business
US company Berry completes merger of HHNF business

7th Nov 2024

Berry Global has completed the merger of its health, hygiene, and specialties nonwovens business with Glatfelter Corporation, creating Magnera Corporation, the world's largest nonwovens company. Magnera began trading on the NYSE under the ticker ‘MAGN’. The transaction, structured as a Reverse Morris Trust, was finalised on November 4, 2024.

Freudenberg Performance Materials launches new website for Filtura
Freudenberg Performance Materials launches new website for Filtura

1st Nov 2024

Freudenberg Performance Materials has launched a new website for its Filtura filter media brand, offering an intuitive platform for exploring advanced filtration solutions in air, liquid, and automotive markets. The site highlights Filtura's custom solutions emphasising performance and energy efficiency, while showcasing a range of products.

US’ INDA invites abstracts for 2025 WOW international conference
US’ INDA invites abstracts for 2025 WOW international conference

29th Oct 2024

INDA is accepting abstracts for the 18th annual World of Wipes (WOW) conference from July 21-25, 2025, in Columbus, Ohio. Industry professionals can submit abstracts on wipes-related topics until February 7, 2025. Areas of interest include dry and wet wipes, sustainability, substrate formation, packaging innovations and advancements in machinery...

Swedish company Essity’s net sales down 2.2% in Q3FY24
Swedish company Essity’s net sales down 2.2% in Q3FY24

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.

Belgian company Ontex’s revenue up 1.7% in Q3FY24
Belgian company Ontex’s revenue up 1.7% in Q3FY24

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...

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