8th Feb 2024
Suominen Corporation's FY23 net sales fell by 9 per cent to €450.9 million, down from €493.3 million. Sales in the Americas remained stable, while Europe saw a significant decline. The company's comparable EBITDA increased marginally to €15.8 million, despite a decrease in reported EBITDA to €11.2 million. In Q4 FY23, operating profit rose to...
8th Feb 2024
The Indian government has approved a project focusing on researching the development of the world's strongest carbon fibre, essential in aerospace, civil engineering, and defence industries. Piyush Goyal chaired a meeting to greenlight technical textile projects, including carbon fibre research. India aims for self-reliance in technical textiles.
8th Feb 2024
Ascend Performance Materials debuts Acteev MED and HiDura MED products at MD&M West in Anaheim, marking its first show appearance in the medical sector. The portfolio, focusing on medical durables and wound care, emphasises patient’s comfort and caregiver’s safety. The company's collaboration with device manufacturers ensures optimal performance.
8th Feb 2024
Knix launches new swim collections featuring vibrant colours and leakproof technology, aiming to revolutionise the swimwear experience. Addressing period-related challenges, their innovative Leakproof Swim technology offers maximum protection, empowering individuals to swim without worries. Knix aims to alleviate body anxiety and lack of confidence.
7th Feb 2024
Researchers from the UAB and the ICN2 have developed an innovative material to fight against the spread of pathogens, infections and antimicrobial resistance. Inspired by the substances secreted by mussels to adhere to rocks, it can be used as a coating to protect healthcare fabrics and provides an effective alternative to commonly used materials.
7th Feb 2024
The 2024 Clean Advocacy Summit, hosted by INDA and ISSA in Washington, will address key policy issues in the nonwovens industry. Attendees will engage in networking and meetings with Congress to advocate for innovation, sustainability, and economic growth. The event aims to amplify industry voices and foster collaboration for industry advancement.
6th Feb 2024
Freudenberg Performance Materials to showcase its advanced nonwoven solutions for FRP components at JEC World from March 5-7. Their offerings include surfacing veils for abrasion resistance and Enka solutions for efficient resin infusion. These products enhance mechanical strength and promote faster production processes in composites manufacturing.
5th Feb 2024
Indian firm Garware Technical Fibres reported a 5 per cent increase in Q3 FY24 net sales to ?289.4 crore and an 18 per cent increase in net profit to ?43.3 crore. The company’s EPS grew by 20 per cent to ?21.23 in Q3 FY23. Despite a 1 per cent decline in 9M FY24 net sales, profits and EPS surged by 23 per cent and 25 per cent respectively.
3rd Feb 2024
Lovell Government Services has partnered with Incrediwear, known for its wearable anti-inflammatory products, to distribute through government healthcare systems like the veterans health administration and military health system. Lovell, a Service-Disabled Veteran-Owned Small Business (SDVOSB), aims to streamline federal acquisition processes.