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Swedish firm Essity’s sales rise 6.7% in FY23

2nd Mar 2024

Essity reported a 6.7 per cent rise in FY23 net sales, reaching SEK 147 billion, with adjusted EBITA surging 57 per cent to SEK 18.9 billion. The health and medical segment saw a 12.2 per cent sales jump to SEK 27,729 million. Consumer goods rose 10.6 per cent to SEK 79,912 million, while professional hygiene sales rose 14.8 per cent to SEK 39,481...

Pic: Freudenberg Performance Materials
Freudenberg launches fully synthetic wetlaid nonwovens made in Europe

2nd Mar 2024

Freudenberg Performance Materials has introduced a new line of 100 per cent synthetic wetlaid nonwovens produced in Germany. These materials, including micro-fibres, cater to filtration and industrial needs, offering versatility in polymer-based fibres. Ranging from 8g/m² to 250g/m², they boast precise weight, thickness, pore size, and high...

Pic: Chicopee
Chicopee launches first 100% recycled, disposable microfibre wipe

23rd Feb 2024

Chicopee has introduced rMicrofibre, the first 100 per cent recycled and disposable wipe, addressing sustainability demands in cleaning. It enhances hygiene by effectively removing bacteria, offering superior cleaning on various surfaces. Chicopee emphasises performance, reliability, and environmental responsibility, continuing its legacy of...

Pic: Rockline Industries
US’ Rockline pledges to reduce emissions by 50% in 10 years

16th Feb 2024

Rockline Industries pledges to cut scope 1 & 2 emissions by 50 per cent in a decade from a 2022 baseline, outlined in its 13th sustainability report. Rockline is poised to exceed the goal, having adopted green electricity at major sites. The report also addresses waste reduction, wastewater challenges, and celebrates team efforts towards...

Pic: Technical Absorbents/LinkedIn
Technical Absorbents to present innovative solutions at VIATT

15th Feb 2024

Technical Absorbents will showcase Super Absorbent Fibre (SAF), Fabrics, and Yarns at VIATT in Ho Chi Minh City which will be held from February 28 to March 1. They aim to tap into Vietnam's booming textile industry, offering versatile superabsorbent technologies for various applications including wound care, incontinence products, apparel, and more.

Pic: Adobe Stock
US’ INDA shifts focus to sustainability as key initiative for 2024

13th Feb 2024

INDA prioritises sustainability in 2024, focusing on responsible sourcing, end-of-life solutions, and sustainability innovations. Initiatives include webinars, committees, a sustainability report, and special journal editions. INDA commits to long-term sustainability efforts, aiming to expand influence and engage stakeholders beyond the industry.

Pic: Ontex
Belgian firm Ontex’s like-for-like revenue soars 10% in FY23

13th Feb 2024

Ontex reported a 10 per cent YoY like-for-like revenue increase to €1,795 million in FY23, driven by a 9 per cent price rise. Adjusted EBITDA surged 67 per cent to €174 million. Total revenue reached €2,342 million, including €547 million from discontinued operations. Q4 revenue was stable at €446 million, with adjusted EBITDA up 16 per cent YoY.

Pic: Ontex
Belgium’s Ontex receives A-rating for transparency on climate action

12th Feb 2024

Ontex has achieved an A-rating from Carbon Disclosure Project (CDP) for climate change leadership, ranking in the top 6 per cent of 23,000 evaluated companies. CEO Gustavo Calvo Paz highlights a 50 per cent reduction in carbon emissions in three years. Ontex sources over 90 per cent of electricity globally and 100 per cent in Europe, from renewable ...

Pic: Glatfelter
US’ Berry Global, Glatfelter merge to form specialty materials firm

9th Feb 2024

Berry Global, Glatfelter Corporation merge majority of health, hygiene, specialties segment to form leading specialty materials company. Transaction has been approved by both boards. NewCo will serve markets with a diverse product suite, focusing on innovation, sustainability. Berry will shift to pure-play packaging, while Glatfelter will remain...

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