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us semtech joins hands with ontex for smart hospital app 27867

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France’s Carbios partners with Michelin in plastic recycling project

11th Aug 2022

France’s chemical industry company Carbios has joined hands with mobility company Michelin to develop a circular solution to convert complex waste containing textile made of plastic into products with high added value. The innovative project called WhiteCycle is a public/private European partnership including 16 organisations and will run for four...

Pic: Covestro
Germany’s Covestro sells additive manufacturing business to Stratasys

10th Aug 2022

Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...

Pic: Edgewell Personal Care
US’ Edgewell Personal Care’s sales rise 18.6% in Q3FY22

9th Aug 2022

The net sales of Edgewell Personal Care Company, a global company with over 25 market-leading brands in shave, grooming, sun, skin and feminine care were $573.7 million in the third quarter, an increase of 18.6 per cent, as compared to the prior year period. The sales of feminine care segment rose $4.6 million, or 6.7 per cent, from the prior year...

Pic: Glatfelter
US’ Glatfelter posts $2.5 mn loss from continuing operations in Q2

8th Aug 2022

Glatfelter Corporation has reported a loss from continuing operations for the second quarter of 2022 of $2.5 million, or $0.05 per share, compared with net income of $1.5 million, or $0.03 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the second quarter of 2022 were a loss of $1.6 million.

Pic: Berry Global
US’ Berry Group’s sales up 6% to $3.7 billion in Q3FY22

5th Aug 2022

The net sales of Berry Group were $3.7 billion in the third quarter of 2022, up by 6 per cent on a comparable basis. The growth is attributed to increased selling prices of $301 million due to the pass through of inflation. On a two-year basis, organic volumes were up 3 per cent, as the company reported strong organic volume growth of 5 per cent a year ...

Pic: SGL Carbon
Germany’s SGL Carbon’s sales up 10.7% to €549.8 million in H1FY22

5th Aug 2022

Sales of SGL Carbon for the first half of fiscal 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7 per cent compared to the same period of the previous year. After €270.9 million in the first quarter of fiscal 2022, SGL Carbon was able to increase sales to €278.9 million in the second quarter of fiscal 2022.

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Researchers in Germany invent high-tech textile vest for lung patients

4th Aug 2022

Scientists at Fraunhofer IKTS in Germany have created a textile vest with integrated acoustic sensors that helps in monitoring the lung function of patients with severe respiratory diseases. The Pneumo.Vest features a technology via which noises in the lungs are recorded and these signals are converted and displayed visually using software.

Pic: Ahlstrom-Munksjo
Ahlstrom-Munksjo to reduce carbon footprint at US plants

4th Aug 2022

Finland’s Ahlstrom-Munksjo is set to invest in new technology and convert its existing boilers at its Mosinee and Rhinelander plants in Wisconsin, United States, to reduce its carbon emissions and landfill waste. The Mosinee plant will enable a reduction in its carbon footprint by 20 per cent, and a reduction of landfill waste by more than 10 per cent.

Hygienix US to focus on sustainable hygiene & personal care products

4th Aug 2022

Hygienix US to display reusable and recyclable products and new inputs offering growth opportunities in absorbent hygiene and personal care products, from November 14-17, 2022, in New Orleans. Industry participants throughout the supply chain will convene and connect for the eighth edition of the premier event for the fast-growing segment.

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