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Swedish firm Essity’s sales rise 6.7% in FY23

2nd Mar 2024

Essity reported a 6.7 per cent rise in FY23 net sales, reaching SEK 147 billion, with adjusted EBITA surging 57 per cent to SEK 18.9 billion. The health and medical segment saw a 12.2 per cent sales jump to SEK 27,729 million. Consumer goods rose 10.6 per cent to SEK 79,912 million, while professional hygiene sales rose 14.8 per cent to SEK 39,481...

Pic: Freudenberg Performance Materials
Freudenberg launches fully synthetic wetlaid nonwovens made in Europe

2nd Mar 2024

Freudenberg Performance Materials has introduced a new line of 100 per cent synthetic wetlaid nonwovens produced in Germany. These materials, including micro-fibres, cater to filtration and industrial needs, offering versatility in polymer-based fibres. Ranging from 8g/m² to 250g/m², they boast precise weight, thickness, pore size, and high...

Pic: Andritz
Austrian company Andritz’s revenue rises to €8.7 bn in 2023

1st Mar 2024

Andritz, an international technology group, has reported a 15 per cent increase in revenue to €8.7 billion in fiscal 2023. Net income rose by 25.3 per cent to €504.3 million. Operating result (EBITA) reached €741.9 million, with a record level. Order intake slightly declined overall but was offset by growth in hydro, metals, and separation sectors.

Pic: Beckmann Converting
US’ Beckmann Converting adds laminating pattern to portfolio

1st Mar 2024

Beckmann Converting introduces the 'CC' roll, featuring a unique bonding pattern for high inter-ply adhesion in textile composites. The pattern covers close to 10 per cent of the full laminate web, enhancing appearance and performance. Ideal for products like wipers and car covers, it suits lighter-weight materials but is not suitable for heavy...

Pic: Adobe Stock
EU launches strategy for leadership in advanced materials sector

28th Feb 2024

The European Union (EU) aims to lead in advanced materials, vital for the green and digital transition. A new strategy will align research and investment, enhancing competitiveness and reducing critical material dependencies. Actions include boosting innovation, investment, and skills development, with a €500 million Horizon Europe partnership...

Pic: Avient
US’ Avient to present composite solutions at JEC World 2024

28th Feb 2024

Avient Corporation will showcase its composite solutions, featuring new ballistic-resistant panels, at JEC World in Paris from March 5. Avient's portfolio includes advanced materials for diverse industries, emphasising sustainability through lightweight alternatives, recycled-content composites, and support for circular economy initiatives.

Pic: Adobe Stock
Geotextiles has huge potential: FICCI session at Bharat Tex

27th Feb 2024

Geotextiles are crucial for civil engineering and are promoted under India’s National Technical Textiles Mission (NTTM). The global geotextiles market is valued at $12.3 billion, with India's market at $0.41 billion. Geotextiles are key for constructing infrastructure and controlling soil erosion, offering a sustainable alternative to traditional...

Pic: STFI
STFI to showcase lightweight construction innovations at JEC World

24th Feb 2024

STFI will showcase lightweight construction innovations at JEC World, including a hemp-based snowboard with recycled carbon fibres. VliesComp project partners aim to reintroduce recycled materials into various solutions, such as a lightweight end shield for electric motors. STFI will also present bast fibres for reinforcement, extracted from hemp.

Pic: Chicopee
Chicopee launches first 100% recycled, disposable microfibre wipe

23rd Feb 2024

Chicopee has introduced rMicrofibre, the first 100 per cent recycled and disposable wipe, addressing sustainability demands in cleaning. It enhances hygiene by effectively removing bacteria, offering superior cleaning on various surfaces. Chicopee emphasises performance, reliability, and environmental responsibility, continuing its legacy of...

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