29th Apr 2023
The addition of an elastic variant to Freudenberg's flexible superabsorbers for wound dressings is an excellent development that will enhance patient comfort and reduce the need for frequent dressing changes. The use of a new technology that does not perforate or slit the material is also noteworthy, as it achieves a high degree of consistent...
28th Apr 2023
Researchers at Canada’s Waterloo University have developed a smart material that responds to both heat and electricity. The material, made with polymer nano-composite fibres from recycled plastic, can change its colour and shape when stimulated. The material is activated by a low voltage of electricity, making it more energy-efficient and...
28th Apr 2023
Lear Corporation has reported 12 per cent YoY increase in sales to $5.8 billion in Q1 FY23. Adjusted EPS increased 54 per cent YoY to $2.78, while net income was $144 million. For FY23, the company anticipates net sales ranging between $21.2 billion and $22.2billion, with an expected core operating earnings of $875 million to $1.075 billion.
28th Apr 2023
Researchers from universities around the world have developed a new metallic coating treatment for clothing or wearable textiles that can self-repair, repel bacteria, and monitor heart signals. The conductive circuits created by liquid metal particles can transform wearable electronics and open doors for further development of human-machine interfaces.
28th Apr 2023
US researchers have created a wearable technology called KnitDema that massages swollen areas of a patient’s hand affected by hand oedema. It uses thread-like shape memory alloy springs woven into the knitted material that are activated by a circuit board to mobilise fluid out of the swollen area. The KnitDema device can be used at the patient’s...
28th Apr 2023
Sweden-based hygiene and health company Essity has announced that it will begin a strategic review of its ownership of Asian hygiene firm Vinda International Holdings Ltd and the Consumer Tissue Private Label Europe business. The aim is to reduce Consumer Tissue’s share of the company's total sales, although no decisions have been made yet.
28th Apr 2023
Ahlstrom Eco's use of lignin-based impregnation in their filter media could have a significant impact on automotive industry's sustainability efforts. Lignin is a polymer found in plants that is typically considered a waste in papermaking processes. It will replace a non-renewable and environmentally harmful material with a bio-based, renewable one.
27th Apr 2023
Austrian technology group Andritz has reported a 28.5 per cent increase in revenue to €1,962.6 million for Q1 FY23 compared to Q1 FY22. The company's order intake fell 6.5 per cent YoY to €2,420.2 million, with the exception of its metals business area, which saw growth. Despite the decline in orders, Andritz's order backlog rose to €10,407.8 million.
27th Apr 2023
Finnish company Valmet reported a 17 per cent YoY increase in orders received to €1,552 million in Q1 FY23, with net sales increasing by 38 per cent YoY to €1,321 million. The order backlog at the end of the reporting period amounted to €4,595 million. The company estimates net sales and comparable EBITA to increase in FY23 compared to FY22.