Raw Materials

31st Aug 2023

Ahlstrom is set to divest its Stenay plant in France to Accursia Capital after receiving approval from employee representatives. The transaction, expected to be finalised by September end, is in line with Accursia Capital's strategy to develop the Stenay plant and ensure its sustained future, thus safeguarding jobs and enhancing the paper-based...

28th Aug 2023

German company Covestro's supervisory board has appointed Christian Baier as the new CFO, succeeding Dr Thomas Toepfer on October 1, 2023. Dr Markus Steilemann, the CEO, will serve as interim CFO in September after Toepfer leaves on August 31, 2023. Dr Thorsten Dreier will become the labour director alongside his role as CTO from September 1, 2023.

10th Aug 2023

Japanese company Teijin Limited's Q1 FY23 net sales rose slightly by 0.4 per cent to 244.8 billion yen, but operating income fell sharply to 4.2 billion yen. The fibres and products segment grew, with operating income up 77 per cent, while the materials segment struggled, impacted by a previous plant fire and slow recovery of the Chinese economy.

7th Aug 2023

Germany-headquartered Gessner's sustainable Thermoplastic Polyurethane (TPU) carrier materials have gained popularity as a preferred option for artificial leather applications in automotive and textile industries. TPU offers durability, elasticity, and resistance to oil and abrasion, making it an attractive alternative to natural leather.

31st Jul 2023

Freudenberg Performance Materials has launched a 3D entangled mat production line in Changzhou, China, to supply Enka Solutions for building, industrial, and civil engineering applications in the APAC region. This investment will boost Enka Solutions production capacity and allow Freudenberg to serve customers in various technical markets.

31st Jul 2023

Braskem, located in Brazil, has increased the production capacity of its bio-based ethylene plant by 30 per cent through an $87 million investment. The plant now operates at 260,000 tons/year and produces bio-based ethylene from sugarcane-based ethanol, contributing to carbon neutrality. Braskem aims to produce one million tons of biopolymers by...

26th Jul 2023

HB Fuller aims to decrease energy, greenhouse gas emissions, waste, and water intensity by 20 per cent and 10 per cent respectively by 2025. As of 2022, the company is on track with these sustainability goals. HB Fuller also published its Scope 3 GHG emissions for the first time and implemented a real-time sustainability data platform across...

18th Jul 2023

Toray Industries plans to increase carbon fibre production capacity at its facilities in South Carolina, US, and Korea. The expansion aims to meet the rising demand for pressure vessel applications driven by the clean energy revolution. The expansion aligns with Toray's commitment to sustainability and its goal of contributing to a carbon-neutral...

12th Jul 2023

US-based Conagen has developed a debondable textile adhesive made from sustainable and natural biomolecules. The adhesive allows for quick and efficient correction of errors during clothing production, reducing material waste and costs. It also enables efficient material separation during textile recycling, contributing to a circular economy.