21st Nov 2024
Essity is investing in a new fully automated production line for Leukotape K at its Vibraye, France site. This expansion will quintuple production capacity to meet rising global demand for the elastic kinesiology tape used in pain relief and injury recovery. Essity, the third-largest player in non-invasive orthopedic products, also produces other...
21st Nov 2024
The Marena Group and Clothing 2.0 have partnered to create the world's first line of post-surgical garments infused with natural, pain-relieving ingredients. These reusable, laundry-safe garments enhance recovery for patients undergoing aesthetic and plastic surgery. It combines Marena’s expertise in medical-grade compression with Clothing 2.0’s...
20th Nov 2024
Amcor and Berry have announced a merger agreement, combining their businesses in an all-stock transaction. Berry shareholders will receive 7.25 Amcor shares for each Berry share, with the combined company valuing Berry’s stock at $73.59 per share. The merger will create a leader in consumer packaging, enhancing innovation, sustainability, and...
18th Nov 2024
Kimberly-Clark has appointed Joseph Romanelli, president of Human Health International at Merck, to its board of directors, increasing the board size to 13. Romanelli brings global leadership experience and expertise in science and healthcare. He has led MSD's international markets since 2022 and previously served as CEO of JiXing Pharmaceuticals.
15th Nov 2024
The Honest Company has generated a revenue of $99 million in Q3 2024, up 15 per cent YoY, and net income of $165,000. Gross margin improved to 38.7 per cent due to cost efficiencies. Adjusted EBITDA was $7 million, marking four consecutive quarters of positive results. Nine-month revenue reached $278.5 million, driven by improved cost management...
14th Nov 2024
SDL Atlas has acquired Mullen Testers, the manufacturer of the Mullen Burst Tester, a key instrument for measuring burst strength in paper, textiles, and nonwovens. This acquisition enhances SDL Atlas' testing capabilities and expands its product range for composite webs, foils, plastics, and packaging materials. Mullen Testers will operate as a...
14th Nov 2024
4M Carbon Fiber has launched a $4.5 million, 50-ton-per-year plasma oxidation qualification line. The project showcases its patented technology, which triples throughput, cuts energy usage by 75 per cent, and reduces costs. This milestone supports extensive qualification projects and partnerships. The aim is to make carbon fibre production more...
13th Nov 2024
Web Industries will showcase its nonwoven materials solutions for medical, personal care, and home care markets at Hygienix 2024, held November 18-21 in Nashville. The company will highlight its slitting, spooling, printing, and modular converting capabilities, offering precision converting for flexible packaging, films, and medical-grade materials.
13th Nov 2024
Valmet has expanded its IQ Quality Control System by launching four new measurements for raw material components, colour, and ash content. These innovations help optimise resource usage, reduce carbon footprints, and improve product quality. The new measurements include IQ Transmission Spectrum, IQ Reflection Spectrum, IQ Color, and IQ Total X-ray.