retail press release news

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.

6th Nov 2024

Toray Advanced Composites has expanded its portfolio by acquiring Gordon Plastics' assets and technology in Englewood, Colorado. This acquisition enhances Toray's capabilities in continuous fibre reinforced thermoplastic composites, with a focus on unidirectional tapes. The new facility will support growth in industries like sporting goods, oil and ...

4th Nov 2024

The EU-funded REWIND project focuses on enhancing the circularity of end-of-life wind turbine blades through improved dismantling technologies and new recycling and repurposing methods for composites in construction and automotive sectors. Anticipated outcomes include better recyclability and sustainability of wind energy systems and new recycling...

2nd Nov 2024

Protech Textiles, essential for protecting individuals in industrial and military settings, are also used for outdoor activities like mountaineering and diving. The global market is led by China, followed by Vietnam, Italy, and Germany, with significant import demand in war-affected and industrialising regions like Russia, Ukraine, and West Asia.

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...

25th Oct 2024

Texas Tech University's nonwovens laboratory and Jayalakshmi Textiles have received the Intexcon innovation award for their collaborative research in technical textiles, presented by Rajeev Saxena in Ahmedabad, India. The partnership showcased the value-added applications of cotton. The event was attended by around 230 industry professionals.