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Pic: Mann+Hummel
Germany’s Mann+Hummel achieves record high turnover of €4.8 bn in FY22

2nd Jun 2023

In FY22, Ludwigsburg-based filtration company Mann+Hummel posted a record high turnover of €4.8 billion, up from €4.2 billion in the previous fiscal. The company’s EBIT was €176 million in FY22, compared to the EBIT of €191 million in the previous fiscal. Furthermore, the EBITDA was €394 million in FY22, compared to €419 million in FY21.

Pic: Carrington Textile
UK’s Carrington develops multifunctional flame retardant fabric

1st Jun 2023

Carrington Textiles' development of Flamestat 250, a multifunctional flame retardant fabric with comfort as a priority, is a significant advancement in textiles. Combining the comfort of cotton and the durability of polyester is a notable achievement. Flamestat 250 meets multiple safety standards and provides protection against various hazards.

Magnus Jarlegren, the new Autoliv Europe president. Pic: LinkedIn/Magnus Jarlegren
Magnus Jarlegren is new Autoliv Europe president

30th May 2023

Magnus Jarlegren, presently the executive vice president of operations at Sweden’s Autoliv, Inc, will take over as the president of Autoliv Europe from June 1, 2023. He replaces Frithjof Oldorff, who is leaving for new opportunities. Jarlegren's operational excellence experience is expected to help navigate the firm in a challenging market.

Pic: Shutterstock/ml_photo
UK govt urges producers to address ‘flushable’ wet wipes labelling

30th May 2023

UK authorities are urging wet wipes manufacturers to reconsider labelling their products as ‘flushable’ to prevent sewer blockages and water pollution. Each year, 2.1-2.9 billion wet wipes, contributing to 94 per cent of sewer blockages, are flushed down toilets. Efforts to rectify this cost water companies an estimated £100 million annually.

Pic: Business Wire
Raff Military Textile strengthens ties with Latin America

29th May 2023

Raff Military Textile's efforts to strengthen ties with Latin America, specifically in the field of exporting military textiles, align with Turkiye's strategic opening strategy towards the region. Raff's participation in the Turkiye-Colombia trade delegation indicates its commitment to exploring opportunities for collaboration and expansion in...

Pic: Suominen Corporation
Finnish firm Suominen appoints Jonni Friman as SVP

29th May 2023

Jonni Friman, currently managing director at Sydeemi Oy, has been appointed SVP, transformation management office at Suominen, effective from June 1, 2023. His role will focus on leading the company's transformation towards profitable growth through systematic strategy execution and improvement projects. Friman will report to CEO Tommi Björnman.

INDA releases North American Nonwoven Materials Annual Study 2022

26th May 2023

The North American Nonwoven Materials Annual Study 2022 by INDA is a valuable resource for the industry, providing relevant information on machine additions, closures, productivity improvements, capacity, and production in North America. By conducting surveys and interviews with producers, the study aims to enhance its accuracy and relevance.

Mary Puddepha. Pic: Mary Puddepha/LinkedIn
Finland’s Ahlstrom appoints Mary Puddepha as chief people officer

26th May 2023

Ahlstrom, a global high-performance fibre-based materials company, has announced the appointment of Mary Puddepha as the chief people officer and a member of the executive management team, starting from June 1, 2023. Puddepha will be taking over the position from Tarja Takko, who previously served as the EVP of People & Culture at Ahlstrom.

Germany’s Freudenberg receives Material Health certification

25th May 2023

The thermal insulation in the comfortemp soft HO 80x product series from Freudenberg Performance Materials Apparel has achieved gold status in the material health category of the Cradle to Cradle Certified Product Standard Version 3.1. This standard is a comprehensive framework that evaluates products based on their environmental and social...

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