technical textiles news

23rd Dec 2023

Hello Bello has been acquired by Hildred Capital Management, a healthcare-focused private equity firm. With a commitment to maintaining accessibility and affordability, Hello Bello aims to enhance efficiency and manufacturing capacity under Hildred's expertise. The acquisition positions Hello Bello within Hildred's portfolio alongside Hyland’s...

23rd Dec 2023

Billerud has appointed Andrei Kres as its new chief financial officer (CFO). With a decade-long tenure at Billerud, Kres has held various roles, including head of group treasury and vice president of group finance. Having served as acting CFO since August 2023, Kres brings a strong financial background and valuable company experience to the role.

22nd Dec 2023

Finnish firm Suominen has introduced Biolace with cotton to the US market, a 100 per cent biodegradable and compostable wipe with premium softness and opacity. Its unique design prevents fluid migration, maintaining appropriate wetness. The use of multiple sustainable fibres, processed with filtered water, reduces solution add-on requirements.

19th Dec 2023

Valmet and Saipem have signed an MoU to collaborate on decarbonisation solutions for hard-to-abate industries. The partnership combines Saipem's CO2 management technologies with Valmet's heat recovery and flue gas treatment units for integrated options in pulp, paper, and energy. Both companies aim to support customers in achieving net-zero goals.

18th Dec 2023

Ashley McEvoy, former EVP and worldwide chairman of MedTech at Johnson & Johnson, has been appointed to the board of directors at Procter & Gamble (P&G), effective December 12, 2023. With nearly three decades at Johnson & Johnson, McEvoy led the $27 billion medical devices segment, focusing on innovation in telehealth, robotics, and digital surgery.

15th Dec 2023

Crocodile Cloth has joined the Responsible Flushing Alliance (RFA) to address the improper disposal of non-flushable wipes. Crocodile Cloth offers disposable cleaning cloths designed for tough cleaning tasks. The RFA aims to educate consumers about proper flushing habits and address issues related to wipes marked with the 'Do Not Flush' symbol.

15th Dec 2023

The 2024 workforce development programme by INDA and NWI offers a comprehensive training portfolio covering the nonwovens value chain. Courses, including Elementary and Intermediate Nonwovens, WIPES Academy, and more, feature classroom and hands-on learning at NWI's labs. The programme caters to both industry newcomers and seasoned professionals.

14th Dec 2023

Hygiene company Essity, known for brands like Libresse and Bodyform, has received the EU Product Safety Award 2023 silver for its period pants designed for teens. The award recognises Essity's commitment to consumer safety beyond legal requirements. These pants undergo extensive chemical evaluation and testing to ensure safety without compromising...

14th Dec 2023

Voith Group reported a 13 per cent increase in FY23 sales to €5.51 billion. Orders surged 19 per cent to €6.14 billion, reaching a record €7.22 billion. EBIT was €245 million, with sales return rising to 4.4 per cent and ROCE to 12.1 per cent. Net income increased to €73 million. For FY24, the company forecasts stable growth with a focus on...