10th Nov 2022
US’ Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET). The deal provides Ascend with a consistent supply of high-quality PCR materials for its ReDefyne sustainable polyamides.
9th Nov 2022
Sensoria Health, developer of tele-rehab remote patient monitoring wearable solutions, has introduced the first truly wearable tele-rehabilitation platform. Sensoria offers a patient-centric, multi-device mobile and cloud software tele-rehab system that makes it easy for clinicians to remotely monitor the most common conditions in their patient...
8th Nov 2022
Ashland Inc has reported a 7 per cent growth in its sales, totalled $631 million, in the fourth quarter of fiscal 2022, ended September 30, 2022. The leading global additives and specialty ingredients company has also reported improved cashflows of $179 million, provided by operating activities, up from $151 million in the previous fiscal’s quarter.
8th Nov 2022
Swiss-based Sanitized is increasing its innovation expertise by appointing a new CTO, Martin Cadek, who will oversee global technological activities for the specialist antimicrobial hygiene brand. Cadek will lead the company’s competence centre for technology innovation and will focus on breaking new ground to develop innovations in sustainability.
7th Nov 2022
US' Lear Corporation, a global automotive technology leader in seating and e-systems, has recorded a 23 per cent growth in its sales of third quarter (Q2) of fiscal 2022 (FY22). Excluding the impact of foreign exchange, commodities, and acquisitions, Lear’s sales were up 26 per cent, reflecting the addition of new business in business segments.
6th Nov 2022
Glatfelter Corporation, a global supplier of engineered materials, has announced that its revenue improved by 33 per cent, attributable to Jacob Holm acquisition (Spunlace), in the third quarter (Q3) of FY22 ended September 30. The company witnessed a record operating income in Airlaid Materials and goodwill impairment charge of $42.5 million for...
6th Nov 2022
Snickers Workwear and the Swedish company, OrganoClick, are embarking on an international collaboration, launching a wash-in textile waterproofing for workwear. The product will be sold under the Snickers Workwear brand, with a clear link to the OrganoClick brand OrganoTex. It is available at Snickers Workwear retailers in Europe from November 2022.
5th Nov 2022
Swiss Precision, US’ apparel brand for the medical scrub, uniform, and accessories markets, have unveiled their StartEngine Crowdfunding campaign. It offers investors opportunities to disrupt the medical scrub, uniform, and accessories markets with Swiss Precision’s copper + natural patented materials, which kills or slows the spread of microorganisms.
5th Nov 2022
Vietnamese company and project investor Stavian Quang Yen Petrochemical Plant has chosen two of world’s leading advanced technology licenses, Honeywell UOP and Basell Poliolefine Italia, for its polypropylene production. With this move, the company expects to bolster its exports of petrochemical products to international market and domestic supply.