22nd Nov 2024
Engineers in Australia, led by Dr Chamila Gunasekara from RMIT University, have developed a technique using waste carpet fibres to strengthen concrete and reduce early-age cracking by up to 30 per cent. This innovation not only improves concrete durability but also addresses the environmental challenge of textile waste, with field trials underway.
22nd Nov 2024
Andritz has introduced the PrimeDry HotAir Box, a solution that reduces energy consumption and CO₂ emissions in tissue production. It reuses hot, wet exhaust air from the drying process, enhancing machine efficiency by increasing dryness and reducing energy needs. The system includes an automatic filter cleaning feature and is compatible with any...
21st Nov 2024
Essity is investing in a new fully automated production line for Leukotape K at its Vibraye, France site. This expansion will quintuple production capacity to meet rising global demand for the elastic kinesiology tape used in pain relief and injury recovery. Essity, the third-largest player in non-invasive orthopedic products, also produces other...
21st Nov 2024
The Marena Group and Clothing 2.0 have partnered to create the world's first line of post-surgical garments infused with natural, pain-relieving ingredients. These reusable, laundry-safe garments enhance recovery for patients undergoing aesthetic and plastic surgery. It combines Marena’s expertise in medical-grade compression with Clothing 2.0’s...
20th Nov 2024
Autoneum has agreed to acquire 70 per cent of Jiangsu Huanyu Group, a leading automotive supplier in China, expanding its customer base with major manufacturers like BYD and BAIC. The acquisition will enhance Autoneum's position in China’s growing market. The deal will strengthen Autoneum’s presence in both light and commercial vehicle sectors.
20th Nov 2024
Amcor and Berry have announced a merger agreement, combining their businesses in an all-stock transaction. Berry shareholders will receive 7.25 Amcor shares for each Berry share, with the combined company valuing Berry’s stock at $73.59 per share. The merger will create a leader in consumer packaging, enhancing innovation, sustainability, and...
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...
14th Nov 2024
SDL Atlas has acquired Mullen Testers, the manufacturer of the Mullen Burst Tester, a key instrument for measuring burst strength in paper, textiles, and nonwovens. This acquisition enhances SDL Atlas' testing capabilities and expands its product range for composite webs, foils, plastics, and packaging materials. Mullen Testers will operate as a...