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Kimberly-Clark names Patricia Corsi as new chief growth officer
Kimberly-Clark names Patricia Corsi as new chief growth officer

20th May 2024

Patricia Corsi will become Kimberly-Clark's chief growth officer starting July 1, succeeding Alison Lewis, who retires after 35 years in the consumer products industry. Corsi joins from Bayer Consumer Health, with notable achievements in marketing and innovation. CEO Mike Hsu praised Corsi's leadership, while Lewis expressed confidence in her...

Japanese firm Teijin’s net sales rise 1.4% in FY23
Japanese firm Teijin’s net sales rise 1.4% in FY23

20th May 2024

Teijin Limited reported FY23 net sales of 1,032.8 billion yen (~$6.63 billion), up 1.4 per cent YoY. Operating income rose 5.3 per cent to 13.5 billion yen. Ordinary income surged 71 per cent to 15.6 billion yen. The materials business saw sales of 439.7 billion yen, while the fibres and products converting business reported 321.5 billion yen in...

NatureWorks’ Ingeo PLA facility gets support from Krungthai Bank PCL
NatureWorks’ Ingeo PLA facility gets support from Krungthai Bank PCL

17th May 2024

Krungthai Bank provides historic $350 million financing to NatureWorks for Ingeo PLA biopolymer manufacturing facility in Thailand, aligning with sustainable finance solutions and Thailand’s Bio-Circular-Green economy model. The facility, at Nakhon Sawan Biocomplex, leverages local sugarcane feedstock for Ingeo production, aiming for full operation...

US’ Milliken & Company develops FR fabrics for NASA’s Artemis missions
US’ Milliken & Company develops FR fabrics for NASA’s Artemis missions

17th May 2024

Milliken & Company has collaborated with Jacobs to design flame-resistant fabrics for astronauts in Artemis III, NASA's upcoming lunar mission. Milliken's expertise in FR and fabric manufacturing supports NASA's safety requirements for the Human Landing System. The project progresses to prototype finalisation and manufacturing by fall 2024.

Germany’s BASF aims to reduce scope 3.1 emissions by 15% by 2030
Germany’s BASF aims to reduce scope 3.1 emissions 15% by 2030

17th May 2024

BASF has teamed up with 3B Fibreglass to slash Scope 3.1 emissions 15 per cent by 2030, targeting net zero by 2050. Integrating sustainable glass fibres, BASF reduces product carbon footprint by 10 per cent, bolstering supply chain sustainability. This partnership aligns with BASF's climate objectives, emphasising durability in applications.

New Zealand’s Rascal + Friends rebrands to Rascals with brand refresh
New Zealand’s Rascal + Friends rebrands to Rascals with brand refresh

16th May 2024

Rascal + Friends has rebranded as Rascals, unveiling a refreshed look and celebrating seven years of success. Founded in New Zealand in 2016, this company offers premium diapers, pants, and wipes for sensitive skin. Rascals has also planned a celebration in New Zealand, engaging their community with giveaways and behind-the-scenes content.

Essity invests in new R&D centre in France
Essity invests in new R&D centre in France

16th May 2024

Essity is investing in a new global R&D centre in France, focusing on tissue hygiene products to meet evolving market demands sustainably. Recent innovations include flushable toilet roll cores and coreless toilet paper. Essity aims to shape a more sustainable society while enhancing hygiene. The new facility aligns with Essity's global R&D...

US company Mativ’s sales rise 10.6% in Q1FY24
US company Mativ’s sales rise 10.6% in Q1 FY24

15th May 2024

Mativ Holdings' Q1 2024 sales reached $500.2 million, up 10.6 per cent sequentially but down 8.9 per cent y-o-y. Adjusted EBITDA was $45.8 million, down 6 per cent from the prior year due to lower volumes and higher production costs. CEO Julie Schertell anticipates improved EBITDA for 2024, citing ongoing volume recovery and organisational...

US’ INDA, AFS partner for FiltXPO 2025 conference programme
INDA & AFS partner for FiltXPO 2025 conference in US

15th May 2024

INDA and AFS are partnering for FiltXPO 2025, co-locating with IDEA25 from April 29 to May 1, 2025, in Miami. The theme, 'The Future of Filtration', focuses on technology, performance, and sustainability. The conference will feature global industry insights, with abstract submissions opening soon. INDA and AFS aim to deliver exceptional content...

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