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US company The Marena Group partners with Clothing 2.0
US company The Marena Group partners with Clothing 2.0

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...

 Autoneum acquires majority shareholding in China’s Jiangsu Huanyu
Autoneum acquires majority shareholding in China’s Jiangsu Huanyu

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.

US’ Kimberly-Clark elects Joseph Romanelli to board of directors
US’ Kimberly-Clark elects Joseph Romanelli to board of directors

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.

US' The Honest Company's revenue rises 15% to $99 mn in Q3 2024
US' The Honest Company's revenue rises 15% to $99 mn in Q3 2024

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...

American company SDL Atlas acquires Mullen Testers
American company SDL Atlas acquires Mullen Testers

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...

US’ 4M Carbon Fiber unveils $4.5 mn plasma oxidation line project
US’ 4M Carbon Fiber unveils $4.5 mn plasma oxidation line project

14th Nov 2024

4M Carbon Fiber has launched a $4.5 million, 50-ton-per-year plasma oxidation qualification line. The project showcases its patented technology, which triples throughput, cuts energy usage by 75 per cent, and reduces costs. This milestone supports extensive qualification projects and partnerships. The aim is to make carbon fibre production more...

Web Industries to showcase non-woven materials solutions at Hygienix
Web Industries to showcase nonwoven materials solutions at Hygienix

13th Nov 2024

Web Industries will showcase its nonwoven materials solutions for medical, personal care, and home care markets at Hygienix 2024, held November 18-21 in Nashville. The company will highlight its slitting, spooling, printing, and modular converting capabilities, offering precision converting for flexible packaging, films, and medical-grade materials.

Finnish company Valmet expands IQ Quality Control System
Finnish company Valmet expands IQ Quality Control System

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.

Finland’s Suominen ‘s net sales increase to $120.53 mn in Q3 2024
Finland’s Suominen ‘s net sales increase to $120.53 mn in Q3 2024

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...

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