23rd Oct 2023
The European Commission recently extended a 2020 EU regulation imposing definitive anti-dumping duties on imports of certain woven and stitched glass fibre fabrics from China and Egypt. These measures were also extended by the Commission to imports of the same products from Turkiye, whether declared as originating in Turkiye or not, with some...
18th Oct 2023
Non-flushable wet wipes are found in sewer blockages, but they are not the primary cause of them, EDANA, an association of the non-wovens and related industries, has said reacting to a consultation published by the UK government on a proposal to ban plastic in some wet wipes. The primary cause is fats, oil and grease being incorrectly poured down the ...
8th Sep 2023
Ontex’s chief financial officer, Peter Vanneste, will leave the company in early October 2023 for opportunities elsewhere. Until a successor is named, CEO Gustavo Calvo Paz will oversee the CFO’s responsibilities. Paz acknowledged Vanneste’s contributions, including steering Ontex through strategic transformations and challenging macro-economic...
29th Aug 2023
Ontex has introduced innovations in baby pants and adult pants segments, outperforming the disposable pants market in 2022 and maintaining double-digit sales growth in 2023. Baby pants' popularity is rising, driven by easier transition from diapers to regular underwear. Ontex's introduction of the Dreamshield back pocket also enhances leakage...
1st Aug 2023
Belgium-based company Ontex Group's H1 FY23 revenues soared to €892 million, a 15 per cent YoY increase. Adjusted EBITDA reached €84 million, a 2.1-fold rise YoY, while operating profit was €36 million, a stark contrast to the €84 million loss in H1 FY22. Free cash flow also rebounded to €4 million, compared to a deficit of €59 million in H1 FY22
20th Jul 2023
Drylock US has successfully launched new discreet and consumer-preferred adult underwear with patented anti-leak channels. The innovative 3-channel core system ensures even liquid distribution for enhanced leakage protection and comfort. Drylock is the first US private label manufacturer to introduce this advanced technology in adult underwear.
3rd Jul 2023
Solvay has entered into a long-term agreement with Zotefoams to supply Solef polyvinylidene fluoride for the production of Zotefoams' ZOTEK F aerospace foam range. It aims to target interior applications in the aerospace industry, such as ducting, carpet underlay, insulation, where low weight, flame retardancy, cost-effective processability are...
5th May 2023
Ontex Group has announced the completion of its divestment of its Mexican business activities to Softys, a personal hygiene company that is a wholly-owned subsidiary of Empresas CMPC. The transaction includes Ontex's manufacturing facility in Puebla, Mexico, its branded business in Mexico, and all related exports to certain regional markets.
20th Apr 2023
The collaboration between Airbus, Fraunhofer, DTU, and EconCore on the EcoRudder project is aimed at developing a green and sustainable rudder structure for an Airbus A320 aircraft, based on thermoplastic honeycomb sandwich composites. This project is part of the larger FASTER H2 initiative, which is funded by the EU’s Clean Aviation Research...