20th May 2024
Patricia Corsi will become Kimberly-Clark's chief growth officer starting July 1, succeeding Alison Lewis, who retires after 35 years in the consumer products industry. Corsi joins from Bayer Consumer Health, with notable achievements in marketing and innovation. CEO Mike Hsu praised Corsi's leadership, while Lewis expressed confidence in her...
20th May 2024
Teijin Limited reported FY23 net sales of 1,032.8 billion yen (~$6.63 billion), up 1.4 per cent YoY. Operating income rose 5.3 per cent to 13.5 billion yen. Ordinary income surged 71 per cent to 15.6 billion yen. The materials business saw sales of 439.7 billion yen, while the fibres and products converting business reported 321.5 billion yen in...
17th May 2024
Krungthai Bank provides historic $350 million financing to NatureWorks for Ingeo PLA biopolymer manufacturing facility in Thailand, aligning with sustainable finance solutions and Thailand’s Bio-Circular-Green economy model. The facility, at Nakhon Sawan Biocomplex, leverages local sugarcane feedstock for Ingeo production, aiming for full operation...
17th May 2024
Milliken & Company has collaborated with Jacobs to design flame-resistant fabrics for astronauts in Artemis III, NASA's upcoming lunar mission. Milliken's expertise in FR and fabric manufacturing supports NASA's safety requirements for the Human Landing System. The project progresses to prototype finalisation and manufacturing by fall 2024.
17th May 2024
BASF has teamed up with 3B Fibreglass to slash Scope 3.1 emissions 15 per cent by 2030, targeting net zero by 2050. Integrating sustainable glass fibres, BASF reduces product carbon footprint by 10 per cent, bolstering supply chain sustainability. This partnership aligns with BASF's climate objectives, emphasising durability in applications.
16th May 2024
Rascal + Friends has rebranded as Rascals, unveiling a refreshed look and celebrating seven years of success. Founded in New Zealand in 2016, this company offers premium diapers, pants, and wipes for sensitive skin. Rascals has also planned a celebration in New Zealand, engaging their community with giveaways and behind-the-scenes content.
16th May 2024
Essity is investing in a new global R&D centre in France, focusing on tissue hygiene products to meet evolving market demands sustainably. Recent innovations include flushable toilet roll cores and coreless toilet paper. Essity aims to shape a more sustainable society while enhancing hygiene. The new facility aligns with Essity's global R&D...
15th May 2024
Mativ Holdings' Q1 2024 sales reached $500.2 million, up 10.6 per cent sequentially but down 8.9 per cent y-o-y. Adjusted EBITDA was $45.8 million, down 6 per cent from the prior year due to lower volumes and higher production costs. CEO Julie Schertell anticipates improved EBITDA for 2024, citing ongoing volume recovery and organisational...
15th May 2024
INDA and AFS are partnering for FiltXPO 2025, co-locating with IDEA25 from April 29 to May 1, 2025, in Miami. The theme, 'The Future of Filtration', focuses on technology, performance, and sustainability. The conference will feature global industry insights, with abstract submissions opening soon. INDA and AFS aim to deliver exceptional content...