Nonwovens

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.

2nd Feb 2024

Monadnock Non-Wovens (MNW) marks 25 years of producing meltblown media, originally for vacuum bags and now diversifying into automotive, filtration, and more. Adapting to the COVID-19 pandemic, MNW began manufacturing meltblown for surgical masks. The company introduced high-temperature anti-corrosive composite media (HTAC) for various industries.

26th Jan 2024

The Tranzonic Companies has appointed Joe Vitale as chief corporate development officer to lead strategic expansion through acquisitions, investments, and partnerships. With a focus on M&A for growth, it has increased sales five-fold in the past decade through acquiring companies in various industries. Vitale has over 25 years of professional...

25th Jan 2024

Accrol has successfully acquired Severn Delta Limited, a wet wipe and tumble dryer sheet manufacturer, for less than 3x EBITDA before synergies. The move aligns with Accrol's strategy to diversify its household product offerings through strategic acquisitions. Severn Delta's capabilities and capacity will strengthen Accrol's wet wipe segment.

25th Jan 2024

Kimberly-Clark reported a 1 per cent sales increase to $20.4 billion in FY23, with a 5 per cent rise in organic sales. Gross margin improved to 34.4 per cent, and adjusted operating profit grew to $2.96 billion. FY23 EPS was $5.21, with adjusted EPS at $6.57. Q4 net sales were $5 billion, with a 34.9 per cent gross margin and a slight decrease in ...

24th Jan 2024

P&G reports a 3 per cent increase in Q2 FY24 net sales, reaching $21.4 billion. Organic sales rose by 4 per cent, but diluted net earnings per share decreased by 12 per cent to $1.40. Core net earnings per share grew by 16 per cent to $1.84. Gross margin improved by 520 basis points. The company achieved net earnings of $3.5 billion in Q2 FY24.

23rd Jan 2024

Henkel inaugurated its largest Asia-based R&D centre in Shanghai, investing approximately 100 million RMB. The centre aims to attract top scientific talent and enhance local R&D capabilities in hair and laundry & home care. This state-of-the-art facility supports agile product innovations based on regional consumer habits across eleven Asian...

22nd Jan 2024

Hello Bello, a leading family care products brand based in the US, has appointed Will Righeimer, CEO of Hyland's Naturals, as its new CEO under Hildred Capital Management's dual leadership strategy. The move aims to create a comprehensive pediatric and general wellness platform. Righeimer expressed excitement about the synergy between the companies.

19th Jan 2024

Essity, a hygiene and health company, has been recognised as one of the world's most sustainable companies by Corporate Knights. The Global 100 list, representing the top 1 per cent globally, was announced at the World Economic Forum. Essity's inclusion reflects its commitment to responsible business practices, impacting over a billion people daily.