4th Apr 2024
Belgium-based company Ontex has completed the divestiture of its Algerian operation to Hygianis, concluding a partnership lasting more than two decades. The deal, worth approximately €25 million before taxes and related costs, encompasses Ontex's manufacturing facility in Algeria, its business within the country, and certain export operations.
3rd Apr 2024
Kimberly-Clark has launched a strategic transformation to boost growth, focusing on innovation and a new operating model. Plans include reorganising into three business segments, aiming for over $3 billion in productivity savings, and setting long-term targets for net sales growth and free cash flow generation of at least $2 billion annually.
28th Mar 2024
Glatfelter introduces GlatPure plant-based topsheets, utilising advanced spunlace tech for comfort, sustainability, and customization. Offering diverse options like organic cotton, hemp, and Lyocell, each topsheet ensures fast liquid handling and softness. Production in France with plans for expansion in NC aligns with their commitment to...
27th Mar 2024
Valmet announces investment in filter fabric manufacturing in Brazil, to meet growing demand in South America's mining, pulp and paper industries. The undisclosed investment encompasses facility relocation, new machinery, and energy-efficient upgrades. Operational by the first half of 2025, it aims to enhance service proximity, delivery times, and...
27th Mar 2024
Navigator Paper UK Limited proposes an all-cash offer to acquire Accrol Group Holdings plc, a leading UK tissue converter, with projected annual sales revenues of £205 million and adjusted EBITDA of £21 million. Accrol's board recommends the offer. Navigator aims to bolster its Western European tissue business, focusing on UK private label market...
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...
20th Mar 2024
Neenah Industrial Solutions rebrands as Indafor, symbolising strength and collaboration. New logo reflects innovation and partnership. The modern website showcases solutions, sustainability efforts. Sales and marketing materials have also adopted Indafor's branding. The company commits to delivering top-notch service and expertise under the...
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...
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.