25th Apr 2024
European Parliament approved a sustainability-focused packaging law, securing 476 votes in favour. The legislation targets a reduction in packaging waste to boost the circular economy. It introduces measures such as limits on empty space in packaging, bans on certain single-use plastics from 2030, and restrictions on PFAS chemicals in food...
25th Apr 2024
Kimberly-Clark Corporation reported a slight decrease in Q1 FY24 sales, down 1 per cent to $5.1 billion, despite a 6 per cent rise in organic sales. North American organic sales grew by 3 per cent, while developing and emerging markets saw a notable 15 per cent surge. The company's operating profit improved to $853 million, up from $787 million.
24th Apr 2024
Kolon Industries showed carbon reduction tech and eco-friendly items at Techtextil, including aramid innovations and recycled water bottle textiles. Plans include boosting aramid pulp production efficiency and cutting carbon emissions. It aims for stronger ties with European and North American markets, particularly in flooring and automobile...
24th Apr 2024
Filidea Technical Yarns focuses on sustainability and fibre recycling technology at the ongoing 20th edition of Techtextil in Germany. Collaborations with major customers lead to advanced modacrylic yarns. They work with Kaneka Corporation on a recycling process, reducing end-of-life garments into base gases for modacrylic fibre production.
24th Apr 2024
A.Celli Nonwovens will exhibit its production solutions at ANEX 2024 in Taipei, Taiwan, from May 22-24. Highlights include E-WIND, F-LINE, and R-WAY solutions for winding, laminating, and intralogistics. The event expects more than 350 exhibitors and 26,000 visitors worldwide, offering a platform for industry professionals to explore innovations...
24th Apr 2024
American company Hexcel Corporation reported sales of $472.3 million in Q1 FY24, up from $457.7 million last year, but saw gross margin drop to 25 per cent from 27.9 per cent. The company’s operating income fell to $54.1 million, despite gains in aerospace and defense sectors. Industrial sales dropped significantly by 27.9 per cent in Q1 FY24.
24th Apr 2024
NC State researchers merge 3D embroidery and machine learning to craft a fabric-based touch sensor. The triboelectric device, powered by friction, integrates into clothing, enabling touch control of electronic devices. Machine learning aids gesture recognition, enhancing accuracy. While in early stages, the sensor showcases potential in wearable...
23rd Apr 2024
Procter & Gamble reported net sales of $20.2 billion in Q3 FY24, a 1 per cent increase year-over-year. Organic sales rose 3 per cent, showing strong core business performance despite economic fluctuations. Earnings per share increased by 11 per cent to $1.52 in Q3 FY24. The company also saw a rise in its operating margin by 90 basis points.
23rd Apr 2024
The UK government has announced plans to ban wet wipes containing plastic as part of efforts to combat pollution. Legislation will be introduced in England before the summer recess, with Northern Ireland, Scotland, and Wales following by autumn. The move, which has strong public support, aims to reduce microplastic pollution harmful to ecosystems.