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Drylock Technologies invests in first baby care production site in US

7th Mar 2024

Belgium-based Drylock Technologies has invested $26.9 million in its first US baby care production facility in Reidsville, creating 113 jobs in Rockingham County. The 450,000-square-foot plant aims to accelerate product development for US clients. The project will receive a $300,000 performance-based grant from the One North Carolina Fund.

Pic: Kimberly-Clark
Ethisphere names US' Kimberly-Clark ethical company for 2024

6th Mar 2024

Kimberly-Clark has earned the 2024 World's Most Ethical Companies recognition from Ethisphere for the sixth consecutive year. Among 136 honourees spanning 20 countries and 44 industries, Kimberly-Clark is one of three in consumer products. This assessment underscores Kimberly-Clark's strong values across various aspects of its operations.

Pic: EdNurg - stock.adobe.com
German firm Evonik’s sales at $16.6 bn in FY23

5th Mar 2024

Evonik Industries’ FY23 sales fell 17 per cent to €15.3 billion ($16.6 billion). Adjusted EBITDA hit €1.66 billion. Smart materials division saw a 15 per cent sales drop, with adjusted EBITDA down 27 per cent to €540 million. Performance materials sales decreased 22 per cent, while the adjusted EBITDA plummeted 68 per cent to €111 million.

Pic: PRNewswire
Arkema to exhibit sustainable materials for composites at JEC in Paris

4th Mar 2024

Arkema will present innovative and sustainable materials for composites at JEC World in Paris, addressing industry challenges like decarbonisation and circular economy. Highlighting polyimide films from PI Advanced Materials for extreme conditions and Bostik's adhesive solutions, Arkema will also showcase UDX brand semi-finished products.

Pic: Trygve - stock.adobe.com
Swedish firm Essity’s sales rise 6.7% in FY23

2nd Mar 2024

Essity reported a 6.7 per cent rise in FY23 net sales, reaching SEK 147 billion, with adjusted EBITA surging 57 per cent to SEK 18.9 billion. The health and medical segment saw a 12.2 per cent sales jump to SEK 27,729 million. Consumer goods rose 10.6 per cent to SEK 79,912 million, while professional hygiene sales rose 14.8 per cent to SEK 39,481...

Pic: Freudenberg Performance Materials
Freudenberg launches fully synthetic wetlaid nonwovens made in Europe

2nd Mar 2024

Freudenberg Performance Materials has introduced a new line of 100 per cent synthetic wetlaid nonwovens produced in Germany. These materials, including micro-fibres, cater to filtration and industrial needs, offering versatility in polymer-based fibres. Ranging from 8g/m² to 250g/m², they boast precise weight, thickness, pore size, and high...

Pic: Schouw & Co/Fibertex Nonwovens
Denmark’s Schouw & Co’s revenue soars 14% to 37.2 bn in FY23

2nd Mar 2024

Schouw & Co's FY23 revenue soared to DKK 37.2 billion, a 14 per cent rise, with EBITDA hitting DKK 2.85 billion, up 25 per cent. Fibertex Personal Care's revenue fell to DKK 1,891 million, a 23 per cent drop, while Fibertex Nonwovens increased to DKK 2,158 million, up 5 per cent. Q4 saw group revenue of DKK 8.85 billion and earnings of DKK 763...

Pic: Andritz
Austrian company Andritz’s revenue rises to €8.7 bn in 2023

1st Mar 2024

Andritz, an international technology group, has reported a 15 per cent increase in revenue to €8.7 billion in fiscal 2023. Net income rose by 25.3 per cent to €504.3 million. Operating result (EBITA) reached €741.9 million, with a record level. Order intake slightly declined overall but was offset by growth in hydro, metals, and separation sectors.

Pic: Beckmann Converting
US’ Beckmann Converting adds laminating pattern to portfolio

1st Mar 2024

Beckmann Converting introduces the 'CC' roll, featuring a unique bonding pattern for high inter-ply adhesion in textile composites. The pattern covers close to 10 per cent of the full laminate web, enhancing appearance and performance. Ideal for products like wipers and car covers, it suits lighter-weight materials but is not suitable for heavy...

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