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Pic: Monadnock Non-Wovens
US’ Monadnock celebrates 25 years of meltblown innovations

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.

Pic: Saalt
US company Saalt launches Cotton Sleep Short

2nd Feb 2024

Saalt introduces the Cotton Sleep Short, crafted from breathable, biodegradable cotton with an extended super-absorbent gusset. Offering waistband-to-waistband coverage, it replaces 6+ pads or 8+ tampons, catering to heavy flows for an uninterrupted night's sleep. Versatile for various activities, the Sleep Short ensures leakproof protection...

Pic: Accrol
UK’s Accrol completes acquisition of Severn Delta Limited

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.

Pic: ColleenMichaels - stock.adobe.com
American firm Kimberly-Clark’s sales up 1% to $20.4 bn in FY23

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 ...

Pic: jetcityimage - stock.adobe.com
US’ Procter & Gamble reports 3% sales increase to $21.4 bn in Q2 FY24

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.

Pic: Henkel
Henkel opens new Asia R&D centre for consumer brands

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...

Will Righeimer Pic: Hello Bello
US' Hello Bello names Will Righeimer as chief executive officer

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.

Pic: Essity
Sweden’s Essity ranked one of world’s most sustainable 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.

Pic: Honey Pot Co
US’ Compass Diversified partners with The Honey Pot Company

19th Jan 2024

Compass Diversified is set to partner with The Honey Pot Company in a deal valued at $380 mn. The Honey Pot Co, known for its 'better-for-you' feminine care products, will maintain its leadership team and a significant minority stake. The Atlanta-based company, founded in 2012, emphasises plant-derived ingredients and aims to destigmatise feminine...

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