technology textiles

2nd Aug 2022

International technology group Andritz has announced that its revenue reached €1,790.1 million in the second quarter (Q2) of 2022, rising by 16.7 per cent compared to the previous year’s reference period (Q2 2021: €1,533.8 million). Revenue in the first half (H1) of 2022 was up 9.6 per cent and amounted to €3,317.0 million, compared to H1 2021.

2nd Aug 2022

Ontex group, Belgium’s leading international supplier of personal care products has announced that it has entered into a binding agreement to sell its Mexican business activities for approximately €285 million to Softys, a personal hygiene company with operations across Latin America. Softys is a wholly owned subsidiary of Empresas, headquartered in...

29th Jul 2022

Sheets & Giggles, maker of award-winning sustainable bedding, has announced the launch of its first ever mattress: a sustainable hybrid model that is the most comfortable, affordable, earth-friendly mattress on the market. Sheets & Giggles is a US-based sustainable bedding brand, which has grown by more than 200 per cent year-over-year every year since ...

29th Jul 2022

Owens Corning, a global building and construction materials leader headquartered in the US, has reported net sales increase of 16 per cent to $2.6 billion in the second quarter of fiscal 2022. The company’s adjusted EBIT margins climbed to 20 per cent and adjusted EBITDA margins increased to 25 per cent in the second quarter of fiscal 2022.

29th Jul 2022

US’ First Quality has launched its Earth + Eden sensitive diapers with a focus on eco-conscious design made safe and luxurious. Earth + Eden is a wellness brand that aims to help empower people who want to live clean, healthy lifestyles without sacrificing product performance. Customers can subscribe and save by ordering diapers on the Earth + Eden...

28th Jul 2022

US’ Berry has revealed that its three sites in North America have achieved the Oeko-Tex Standard 100 certification, which validates materials used in manufacturing are free of harmful substances. These materials include virgin resin, recycled content, and renewable raw materials. Berry is a global manufacturer and marketer of plastic packaging products.

28th Jul 2022

Natural cosmetics company Naturamus has teamed up with the University of Hohenheim to grow suitable lavender varieties in the Swabian Alps in Germany and devise eco-friendly ways to extract essential oil from them. Research is also underway for developing ways to recycle large quantities of residual materials to produce composite fibres and textiles.

28th Jul 2022

Insempra, a biology-powered company enabling businesses to make superior products in partnership with nature which is headquartered in Germany, has announced a strategic investment in Solena Materials, a synthetic biology company. Solena, a spin-out from Imperial College London, develops synthetic proteins for high-performance clothing fibres.

28th Jul 2022

Ashland posted sales of $644 million in the third quarter of 2022, up 19 per cent versus the prior-year period. Each of the company’s reportable segments achieved double-digit sales growth. The year-over-year sales growth was driven primarily by disciplined pricing leading to cost recovery in a high-inflation environment and improved product mix.