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Pic: Essity
Sweden’s Essity completes divestment of shares in Vinda

22nd Mar 2024

Swedish hygiene and health company Essity agrees to sell its 51.59 per cent stake in Vinda to Isola Castle Ltd, owned by APRIL, for HKD 23.50 per share, totalling approximately HKD 28.3bn ($3.62 bn). The move aligns with Essity's strategy to focus on higher-margin categories. Despite divestment, Essity will continue business with Vinda under...

Pic: Aluula Composites
Canada’s Aluula Composites & Michelin Inflatable Solutions partner

21st Mar 2024

Aluula Composites collaborates with Michelin Inflatable Solutions on R&D project, aiming to enhance construction with sustainable composite materials. Aluula's patented manufacturing process creates durable, lightweight, and recyclable materials. The partnership seeks to balance innovation, performance, and sustainability in product development.

Pic: First Quality
US’ First Quality unveils expansion plans in absorbent hygiene market

18th Mar 2024

First Quality plans a significant expansion in the absorbent hygiene market, increasing baby diapers, training pant manufacturing by 50 per cent. It includes new facilities, manufacturing lines, and a modern warehouse, to be completed by June 2025. Additionally, bladder control pad, protective underwear, underpad capacity will increase by over 25...

Pic: Hengst Filtration
Hengst Filtration opens new site in Bengaluru, India

18th Mar 2024

Hengst Filtration expands into Bengaluru, broadening focus beyond automotive. The new site caters to India's rising demand for filtration solutions in automotive, medical, and industrial sectors. CEO Christopher Heine highlights India's growth potential, while MD Sandip Metha underscores the mission to reduce emissions and improve air quality.

Pic: Autoneum
Swiss firm Autoneum’s revenue soars 34.8% in FY23

15th Mar 2024

Autoneum reported a 34.8 per cent revenue growth in FY23, reaching CHF 2.3 billion ($2.59 billion). Adjusted EBIT more than doubled to CHF 99.2 million, with net profit increasing to CHF 61.1 million. While the company’s Europe and North America businesses saw significant revenue increases, Asia experienced a slight decline, and SAMEA showed strong ...

Pic: Garware Technical Fibres
Garware Technical Fibres named India's best workplace for innovation

14th Mar 2024

Garware Technical Fibres secures place in India's Top 50 Best workplaces for fostering innovation, highlighting commitment to engaging employees in pioneering initiatives. Prioritising individual growth, it provides customised training and mentorship. The company fosters a collaborative atmosphere, empowering employees to lead and contribute to...

Pic: Essity
Sweden’s Essity retains Supplier Engagement Leader title from CDP

14th Mar 2024

Global hygiene and health company Essity has received Supplier Engagement Leader recognition from CDP for the fifth consecutive year, highlighting its sustainability leadership. The award acknowledges Essity's efforts in collaborating with suppliers to reduce Scope 3 emissions, including purchased goods, services, transportation, and waste.

Pic: Avient Corporation
US’ Avient introduces Versaflex TF Adhesive TPEs for textile fabrics

13th Mar 2024

Avient Corporation unveils Versaflex TF Adhesive Thermoplastic Elastomer (TPE) solutions for fabric laminations, enhancing softness, stretchability, breathability in athletic apparel like sportswear and underwear. Offering easy processing and strong adhesion, these TPEs ensure fabric strength and elasticity with superior shape recovery and...

Pic: INDA
US’ INDA invites abstracts for IDEA 2025

13th Mar 2024

INDA has announced the call for abstracts for IDEA25, slated for April 29-May 1, 2025, in Miami Beach, Florida. With the theme 'Nonwovens for a Healthier Planet,' IDEA25 emphasises sustainability advancements in nonwoven fabrics. Abstract submission deadline is June 7, 2024, attracting attendees focused on environmental impact accountability.

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