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
Global filtration solution provider Gessner has launched Naltex extruded sleeves, designed as outer casings for filter elements. Crafted from resilient materials, these sleeves offer durability and efficiency in diverse environmental conditions. With applications in various sectors, from food to industrial settings, they ensure reliable pleat...
2nd Nov 2023
Finnish nonwovens manufacturer Suominen Corporation faced a 19 per cent drop in Q3 FY23 net sales, with overall nine-month sales down by 7 per cent, amidst lowered raw material costs and currency impacts. Despite these declines, the company's comparable EBITDA remained stable, and they maintain a positive outlook for increased EBITDA in FY23.
2nd Nov 2023
Japan’s Toray Industries has begun production of air filters at its new facility in India, which is the first in the country to manufacture everything from nonwoven fabrics for high-performance filter media to filter assembly. The facility aims to meet the rising demand for high-quality air filters driven by worsening air pollution in India.
31st Oct 2023
Madagascar has informed the WTO's Committee on Safeguards that it is launching an investigation into the imports of diapers and sanitary napkins. The move aims to assess if these imports are causing or threatening to cause harm to the nation's domestic sector. Madagascar is open to consulting with WTO members who are significant exporters of these...
30th Oct 2023
Ontex, a global provider of personal hygiene solutions, has appointed Geert Peeters as its chief financial officer (CFO), effective from December 1, 2023. Geert Peeters, formerly Group CFO at Greenyard, brings significant financial and business transformation experience from roles at companies like Metallo Group and PriceWaterhouseCoopers.
30th Oct 2023
In Q3 FY23, Swedish firm Essity saw a net sales increase of 16.1 per cent to SEK 130,372 million. Operating profit surged by 74 per cent and adjusted EBITA by 60 per cent, enhancing margins to 11 per cent. Profit for the period and operating cash flow also experienced significant uplifts, growing by 81 per cent and 75 per cent, respectively.
27th Oct 2023
BASF has commenced production at its Superabsorbents Excellence Centre in Antwerp, Belgium, following a €25 mn investment. This move underscores BASF's dedication to the hygiene industry and its acrylic value chain. Funding of €1.4 mn was granted by the Flemish government to support the development of this innovative process technology platform.