10th Aug 2022
Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...
9th Aug 2022
In the first half of 2022, Suominen’s net sales were in line with the previous year and amounted to €228.3 million. Sales volumes decreased from 2021 while sales prices were higher. The impact of currencies on net sales was €12.6 million. The sales of the Americas business area were €126.0 million and of the Europe business area were €102.3 million.
8th Aug 2022
Glatfelter Corporation has reported a loss from continuing operations for the second quarter of 2022 of $2.5 million, or $0.05 per share, compared with net income of $1.5 million, or $0.03 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the second quarter of 2022 were a loss of $1.6 million.
5th Aug 2022
The net sales of Berry Group were $3.7 billion in the third quarter of 2022, up by 6 per cent on a comparable basis. The growth is attributed to increased selling prices of $301 million due to the pass through of inflation. On a two-year basis, organic volumes were up 3 per cent, as the company reported strong organic volume growth of 5 per cent a year ...
5th Aug 2022
Sales of SGL Carbon for the first half of fiscal 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7 per cent compared to the same period of the previous year. After €270.9 million in the first quarter of fiscal 2022, SGL Carbon was able to increase sales to €278.9 million in the second quarter of fiscal 2022.
4th Aug 2022
Scientists at Fraunhofer IKTS in Germany have created a textile vest with integrated acoustic sensors that helps in monitoring the lung function of patients with severe respiratory diseases. The Pneumo.Vest features a technology via which noises in the lungs are recorded and these signals are converted and displayed visually using software.
4th Aug 2022
Finland’s Ahlstrom-Munksjo is set to invest in new technology and convert its existing boilers at its Mosinee and Rhinelander plants in Wisconsin, United States, to reduce its carbon emissions and landfill waste. The Mosinee plant will enable a reduction in its carbon footprint by 20 per cent, and a reduction of landfill waste by more than 10 per cent.
4th Aug 2022
Hygienix US to display reusable and recyclable products and new inputs offering growth opportunities in absorbent hygiene and personal care products, from November 14-17, 2022, in New Orleans. Industry participants throughout the supply chain will convene and connect for the eighth edition of the premier event for the fast-growing segment.
3rd Aug 2022
US’ Kimberly-Clark has been named one of the World’s Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honours the company’s leadership and commitment to business integrity through best-in-class ethics, compliance, and governance practices. Ethisphere defines the standards of ethical business practices.