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Pic: Ontex
Belgian firm Ontex’s like-for-like revenue soars 10% in FY23

13th Feb 2024

Ontex reported a 10 per cent YoY like-for-like revenue increase to €1,795 million in FY23, driven by a 9 per cent price rise. Adjusted EBITDA surged 67 per cent to €174 million. Total revenue reached €2,342 million, including €547 million from discontinued operations. Q4 revenue was stable at €446 million, with adjusted EBITDA up 16 per cent YoY.

Pic: Oerlikon
Oerlikon Barmag to showcase pump portfolio at UTECH Europe

12th Feb 2024

Oerlikon Barmag will exhibit its pump lineup at UTECH Europe from April 23-25. This exhibition will offer a platform to show innovations and networking within the sector. With PUR playing a vital role in sectors like automotive, medical technology, and insulation, Oerlikon Barmag's precision gear pumps offer tailored solutions for complex...

Pic: A.Celli Group/INDA
US’ A.Celli starts slitter rewinder for Allmed Medical Products

9th Feb 2024

Allmed Medical Products Co Ltd has accepted the slitter rewinder of A.Celli, achieving mutually satisfying results. The E-Wind Sonic machine features a 4600mm width, 1500 mpm design speed, and automatic shaft handling system with robot. Installed downstream of a Reicofil line, it complements an existing A.Celli E-Wind Wave master roll winder.

Pic: Glatfelter
US’ Berry Global, Glatfelter merge to form specialty materials firm

9th Feb 2024

Berry Global, Glatfelter Corporation merge majority of health, hygiene, specialties segment to form leading specialty materials company. Transaction has been approved by both boards. NewCo will serve markets with a diverse product suite, focusing on innovation, sustainability. Berry will shift to pure-play packaging, while Glatfelter will remain...

Pic: INDA
Registration opens for WOW International Conference 2024 in US

9th Feb 2024

INDA has announced the registration for WOW International Conference 2024, focusing on wipes innovation and sustainability. Industry leaders like Clorox, Kimberly-Clark, and Nice-Pak will share insights. The four-day international event will include the WIPES Academy and nominations for the innovation award, with submissions due by April 15.

Pic: Suominen
Finland’s Suominen posts net sales of €450.9 mn in FY23

8th Feb 2024

Suominen Corporation's FY23 net sales fell by 9 per cent to €450.9 million, down from €493.3 million. Sales in the Americas remained stable, while Europe saw a significant decline. The company's comparable EBITDA increased marginally to €15.8 million, despite a decrease in reported EBITDA to €11.2 million. In Q4 FY23, operating profit rose to...

Pic: Adobe Stock
India to promote carbon fibre to bolster technical textiles sector

8th Feb 2024

The Indian government has approved a project focusing on researching the development of the world's strongest carbon fibre, essential in aerospace, civil engineering, and defence industries. Piyush Goyal chaired a meeting to greenlight technical textile projects, including carbon fibre research. India aims for self-reliance in technical textiles.

Pic: Natracare
UK’s Natracare's organic makeup remover wipes gets EWG certification

8th Feb 2024

UK-based Natracare's COSMOS organic certified cleansing makeup remover wipes have received the Environmental Working Group (EWG) certification, affirming their commitment to safe and eco-friendly products. Made with 100 per cent certified organic cotton and natural ingredients, these wipes are free from chemicals, fragrances, and additives.

Pic: PRNewswire
Ascend showcases health care innovations at MD&M West in California

8th Feb 2024

Ascend Performance Materials debuts Acteev MED and HiDura MED products at MD&M West in Anaheim, marking its first show appearance in the medical sector. The portfolio, focusing on medical durables and wound care, emphasises patient’s comfort and caregiver’s safety. The company's collaboration with device manufacturers ensures optimal performance.

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