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.
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...
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.
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...
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.
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.
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...
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...