5th Apr 2024
FullCare Medical has inaugurated a $30 million medical garment production facility in Tatu City, Kenya's SEZ, employing 1,800 Kenyans initially and potentially 7,000 in later phases. Leveraging solar technology for sustainability, it targets $60 million in annual exports while serving local needs. Tatu City SEZ offers business benefits like tax...
4th Apr 2024
Belgium-based company Ontex has completed the divestiture of its Algerian operation to Hygianis, concluding a partnership lasting more than two decades. The deal, worth approximately €25 million before taxes and related costs, encompasses Ontex's manufacturing facility in Algeria, its business within the country, and certain export operations.
2nd Apr 2024
Fire-Dex has launched a non-fluorinated moisture barrier for firefighter gear, in collaboration with Stedfast, featuring Stedair Clear. This innovative barrier meets NFPA 1971 standards, offering enhanced breathability and performance. Alongside, Fire-Dex introduces AeroFlex gear with AeroVent Technology and VaporLite Panels to improve firefighter...
28th Mar 2024
Mahina, by Eicher Goodearth, redefines menstrual care in India with its innovative period underwear. Offering unparalleled absorbency and leak-proof protection, Mahina eliminates the need for pads or tampons. Its eco-conscious design and durability make it a sustainable choice. Available in various absorbency levels, it prioritises user safety...
28th Mar 2024
Glatfelter introduces GlatPure plant-based topsheets, utilising advanced spunlace tech for comfort, sustainability, and customization. Offering diverse options like organic cotton, hemp, and Lyocell, each topsheet ensures fast liquid handling and softness. Production in France with plans for expansion in NC aligns with their commitment to...
27th Mar 2024
Valmet announces investment in filter fabric manufacturing in Brazil, to meet growing demand in South America's mining, pulp and paper industries. The undisclosed investment encompasses facility relocation, new machinery, and energy-efficient upgrades. Operational by the first half of 2025, it aims to enhance service proximity, delivery times, and...
27th Mar 2024
Navigator Paper UK Limited proposes an all-cash offer to acquire Accrol Group Holdings plc, a leading UK tissue converter, with projected annual sales revenues of £205 million and adjusted EBITDA of £21 million. Accrol's board recommends the offer. Navigator aims to bolster its Western European tissue business, focusing on UK private label market...
27th Mar 2024
Germany's SGL Carbon experienced a minor sales decrease to €1.08 billion ($1.16 billion) in FY23, a 4.1 per cent drop from the previous year, yet stayed within the expected forecast. Adjusted EBITDA also declined by 2.5 per cent to €168.4 million, but the firm saw a marginal improvement in EBITDA margin from 15.2 per cent to 15.5 per cent.
22nd Mar 2024
Teijin Aramid has received Tire Technology International Materials Innovation of the Year award for Twaron with recycled aramid fibre. This innovation emphasises sustainable solutions without compromising performance. Through collaboration and industrial-scale production, Teijin Aramid leads in driving sustainability in tire manufacturing.