Press Release

16th Aug 2022

Evonik closed the second quarter of fiscal 2022 with strong results as sales increased 31 per cent year-on-year to €4,772 million due to higher selling prices and positive currency effects, despite slightly lower volumes. Adjusted earnings before interest, taxes, depreciation, and amortisation (adjusted EBITDA) increased by 12 per cent to €728 million.

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...

21st Jul 2022

Ministry of textiles has developed guidelines for introduction of new degree courses in technical textile in engineering colleges. The ministry intends to provide financial assistance up to ₹15 crore to the educational institutes meeting the eligibility criteria as per guidelines. The intervention is part of the National Technical Textiles Mission...

15th Jul 2022

Radial, a bpost group company, has announced a new client partnership with Eco Pea Co., an eco-friendly diaper and wipes brand. Eco Pea Co. has selected Radial for providing fulfilment and transportation scalability. Radial’s Easy Deployment (RED) solution offers brands scalable B2C order fulfilment and final-mile solutions ready for launch within...

29th Jun 2022

Finland’s Ahlstrom-Munksjo has announced the appointment of Emmanuelle Picard as executive vice president (EVP) of the building materials division, effective September 26, 2022. With a multi-year career within the building materials industry, Picard is well-equipped to lead the established division and pursue the strategic objectives of...

24th Jun 2022

On the occasion of the Techtextil fair, the chairman of VDMA’s Walter Reiners-Stiftung Foundation, Peter D Dornier, has awarded prizes to seven young engineers. For the first time, the foundation gave two sustainability awards. They are awarded for academic works in which, for example, solutions for resource-saving products and technologies are...

17th Jun 2022

Through a clearly defined purpose, sharper strategic focus, and ambitious sustainability targets, Finland’s Ahlstrom-Munksjo is accelerating its pace of execution with the vision to become the preferred sustainable specialty materials company. In the last five years, Ahlstrom-Munksjo has tripled in size through acquisitions, mergers and organic growth.

20th May 2022

Schweitzer-Mauduit (SWM) and Neenah, manufacturers of specialty materials, have announced the future executive leadership team for the combined company, effective upon completing their pending merger. US’ SWM develops adhesive tapes, foams, nets, nonwovens, and papers. Neenah is known for filtration media, specialty coatings, and engineered materials.

19th May 2022

Monadnock Non-Wovens (MNW), a manufacturer of meltblown synthetic media for automotive, surgical face masks and air and liquid filtration, has announced that James (Jim) Cree has joined the company as president. In his new role, Cree will lead the MNW team with a strategic and creative vision for the future. Cree will assume his role effective...