polyester news

1st Aug 2024

Andritz’s revenue in the second quarter of 2024 has decreased by 2.2 per cent year-over-year to €2,100.2 mn (~$2265.49 mn). For H1 2024, revenue was €3,986.6 mn (~$4299.95 mn). Despite lower order intake due to reduced large capital investments in Pulp & Paper and Metals, profitability improved slightly. Significant growth was seen in Environment ...

31st Jul 2024

Ministry of Textiles has approved 19 research projects worth ~$2.52 mn under the NTTM. The projects were proposed by leading research institutions including IITs and CSIR. The Indian Textile Minister also reviewed progress on R&D, market development, and skill training under the mission. Key officials from various ministries and industries...

30th Jul 2024

Autoneum's first half of fiscal 2024 saw robust revenue growth despite a challenging automotive market. Revenue in Swiss francs increased to CHF 1,212.3 million ($1367.35 million), with notable contributions from Borgers Automotive. Operational improvements boosted EBIT by CHF 20.8 million ($23.46 million) to CHF 65.8 million ($74.21 million).

29th Jul 2024

Rice University engineers have innovatively utilised open-cell foam to create pneumatic logic circuits for soft wearable systems. By harnessing airflow through the foam's porous structure, they enable digital computation, analog sensing, and combined digital-analog control. This approach reduces reliance on traditional electronic components.

27th Jul 2024

Sofidel has signed an agreement to acquire Clearwater Paper Corporation’s tissue business. This acquisition, valued at over $1 billion, includes four US manufacturing facilities and expands Sofidel’s presence in the North American tissue market. The deal enhances Sofidel's technology and sustainability efforts, with the transaction expected to...

26th Jul 2024

Berry Global and Glatfelter have merged HHNF business to form Magnera. The brand aims to innovate and solve challenges with a vast network of 46 manufacturing facilities worldwide, enhancing customer proximity and environmental efficiency. Led by Curt Begle, Magnera will focus on expanding product offerings in polymer and fibre applications.

25th Jul 2024

Birla Carbon has secured ISCC PLUS certification for its North Bend, US; Hamilton, Canada, and Santander, Spain plants. This achievement underscores their dedication to environmental stewardship and circular practices in producing high-quality carbon-based solutions. With additional certifications planned globally, it aims to set industry standards.

25th Jul 2024

Ontex Group introduces enhanced youth pants aimed at reducing the social impact of adolescent incontinence. Tailored for ages 3 to 15, these pants combine absorbent materials for overnight protection with discreet design for social confidence. Available in Europe initially, they aim to expand globally, reflecting Ontex's commitment to...

24th Jul 2024

Kimberly-Clark reported $10.2 billion in H1 FY24 sales, a decrease of 1 per cent, with 5 per cent organic growth. The company’s operating profit was $1.5 billion, adjusted to $1.7 billion. EPS in H1 FY24 rose to $3.52 from $1.97, with adjusted EPS at $3.97. In Q2 FY24, sales were $5 billion, down 2 per cent, but organic sales grew 4 per cent.