6th Dec 2023
Georgia-Pacific is investing $150 million in its Oregon mill to expand its consumer tissue business. This will enhance bath tissue production capacity, with initial output expected in 2025. The focus is on growing premium tissue offerings like Quilted Northern Ultra Plush, reflecting Georgia-Pacific's commitment to product quality and customer...
30th Nov 2023
INDA has launched an upgraded international nonwovens directory with improved search and navigation features. The directory assists nonwoven professionals in easily finding suppliers or manufacturers based on their product needs. The members receive priority in search results, enhancing the directory's value for development, research and...
25th Nov 2023
In Q3 FY23, Finland's Ahlstrom Holding reported a significant 18.6 per cent decrease in net sales to €705.8 million. The EBITDA rose to €104.7 million, benefiting from lower comparability items, despite the net result showing a loss of €20.4 million. Over the first nine months of FY23, net sales declined by 9.3 per cent to €2,281.2 million.
21st Nov 2023
Clean Solutions Group has acquired HDK Industries, expanding its eco-friendly filtration media range. Backed by Branford Castle Partners, this move bolsters CSG's position in the filtration sector. HDK's expertise in air and liquid filtration will integrate into CSG's Fibrix Filtration brand. The transition is led by CEO Keith White and president...
20th Nov 2023
Berry reported a decrease in FY23 net sales to $12.664 billion from $14.495 billion in FY22. Q3 FY23 sales were $3.087 billion, down from $3.421 billion. Operating income fell to $1.079 billion in FY23. International consumer packaging remained flat in FY23, while North American consumer packaging and health, hygiene, and specialties segments saw ...
13th Nov 2023
Japanese firm Toray Industries reported a 4.9 per cent decline in H1 FY24 revenue to ¥1,199.4 billion, with significant drops in core operating income and profit. The company’s fibres and textiles segment saw revenue decline but increased operating income, while the carbon fibre segment achieved revenue growth and higher operating income.
13th Nov 2023
Edgewell Personal Care announced a 3.7 per cent rise in fiscal 2023 net sales, reaching $2,251.6 million. Gross profit increased to $938.4 million. However, Q4 FY23 saw a slight 0.5 per cent dip in net sales to $534.1 million, with a 1.9 per cent drop in organic sales. The feminine care segment experienced a 5.7 per cent decrease in Q4 FY23 sales.
10th Nov 2023
The US Army has endorsed FiberTect, a dry decontamination system, found equally or more effective than water-based methods. FiberTect is a unique three-layered, nonwoven wipe with an activated carbon core, safe for skin and equipment use. Unlike water-based systems, FiberTect is more practical in diverse climates without the risk of...
8th Nov 2023
INDA’s 12th report on the North American Nonwovens Industry projects market growth till 2027, analysing key trends across all sectors. Essential for strategic planning, it informs on economic factors, market disruptions, and future trends. The report, alongside the Annual Study, offers a detailed view of the nonwovens market, from production to...