Nonwovens

12th Dec 2023

Partners Group, on behalf of its clients, will acquire Velvet Care, a leading European hygiene paper products manufacturer, from Abris Capital Partners. Velvet Care produces branded and private-label products, with two production sites covering the full process. The company, generating €277 mn in 2022, is known for its innovation and owns the...

7th Dec 2023

The World of Wipes International Conference, scheduled for June 17-20, 2024, in Minneapolis, is inviting abstract submissions until January 12, 2024. INDA seeks contributions on wipes products, technologies, and markets from experts in areas such as nonwoven wipes, sustainability, substrate formation, raw materials, packaging, machinery, and market...

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...

29th Nov 2023

PureBorn has secured an exclusive European distribution deal with Swiss company Laboratoire Naturel. Known for eco-friendly wet wipes and soaps, Laboratoire Naturel will help PureBorn expand its presence in Europe. The partnership allows direct distribution through PureBorn's global website and extends to Amazon contracts in various European...

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.