retail sector news

27th Oct 2023

Milliken & Company has made an investment in Orak, a Paris-based company specialising in carpet maintenance and flooring reuse. This partnership is focused on creating sustainable floor covering solutions and advancing the circular economy in the industry. It offers Milliken customers access to upcycled carpet tile that meets their sustainability...

27th Oct 2023

BASF has commenced production at its Superabsorbents Excellence Centre in Antwerp, Belgium, following a €25 mn investment. This move underscores BASF's dedication to the hygiene industry and its acrylic value chain. Funding of €1.4 mn was granted by the Flemish government to support the development of this innovative process technology platform.

27th Oct 2023

Hexcel is set to showcase its latest marine market innovations at METSTRADE 2023. These developments include new intermediate and high modulus fibre HexPly M79 prepregs, designed for highly loaded components in applications like rigs and foils. The company is also introducing HexTow HM54 fibre with HexPly M79 resin for high-stiffness applications.

26th Oct 2023

US-based safety solutions firm MSA Safety reported a 17 per cent YoY increase in Q3 FY23 net sales, reaching $447 million. The company posted a GAAP operating income of $94 million and adjusted income of $101 million. Adjusted earnings were $70 million in Q3 FY23. MSA Safety also invested $13 million in capital expenditures and repaid $68 million ...

26th Oct 2023

Asahi Kasei is investing in the US startup NFW, which produces non-petroleum-based leather alternatives for car interiors. This partnership, in collaboration with Sage, aims to reduce the environmental impact of automobiles by developing a fully circular and eco-friendly leather alternative. NFW's patented material, Mirum, is made from natural...

26th Oct 2023

US-based Kimberly-Clark Corporation reported a 2 per cent increase in Q3 FY23 sales to $5.1 billion, with an 18 per cent jump in operating profit to $774 million. Despite foreign currency headwinds, the company’s organic sales grew by 5 per cent in Q3 FY23. The company's various segments and geographic areas also showed robust performance.

25th Oct 2023

Quantum Materials, LLC, has acquired the Innegra high-performance fibre portfolio to bolster its technical textile solutions. Quantum will showcase Innegra at the upcoming CamX show in Atlanta, GA. Allen Smith, CEO of QTI Fibres, sees this acquisition expanding opportunities beyond composites, benefiting the entire QTI company portfolio.

23rd Oct 2023

MSA Safety is showcasing its connected safety solutions at the ongoing 2023 National Safety Congress and Expo. It is highlighting its Connected Work Platform, designed to provide data analytics that enhance compliance, device fleet management, and worker safety visibility. MSA is also introducing the MSA G1 Cadet Supplied-Air Respirator at the...

23rd Oct 2023

Pampers has introduced an upgraded version of their Swaddlers diapers with a new blowout barrier. Pampers Swaddlers feature innovative design elements to keep babies dry and comfortable, aiming to eliminate the fear of leaks and blowouts. The brand is collaborating with celebrities Tia Mowry and CJ McCollum to raise awareness about this issue.