25th Aug 2023
M&S and WUKA campaign ‘Say Pants to the Tax’ to make period pants free from VAT is gaining support from politicians, charities, and businesses. M&S has pledged to pass the entire cost-saving to customers, reducing the price of a three-pack of period knickers from £20 to £16. Sainsbury’s, Mountain Warehouse, and Earthwise have also backed the...
22nd Aug 2023
VeryVery is disrupting infant care with its innovative, eco-friendly diapers designed in New Zealand. Focused on quality and sustainability, VeryVery offers ultra-absorbent, chemical-free diapers made from responsibly-sourced materials. The brand incorporates 40 per cent recycled plastic and showcases commitment to reducing its carbon footprint.
21st Aug 2023
The INDA association and Waterloo Filtration Institute (WFI) are collaborating to organise the two-day FiltXPO conference programme, scheduled to be held from October 10-11 in Chicago. The conference, supported by WFI's filtration expertise and global network, will focus on advanced filtration technologies to create a cleaner, healthier world.
18th Aug 2023
Glatfelter has sold Glatfelter Ober-Schmitten GmbH and its associated distribution operations in Asia to İŞ Holding's Ostrest. This sale diverges from the initial plan to close Ober-Schmitten, benefiting all stakeholders including employees. İŞ Holding's history and values align well with the acquisition, offering a positive outlook for...
18th Aug 2023
Dyper has introduced Charcoal Enhanced Diapers, part of an environmentally friendly line. These diapers are certified for the absence of harmful substances and are infused with charcoal, known for its odour-fighting properties. The product also includes matching hypoallergenic wipes. The diapers are available at various online and...
14th Aug 2023
Thailand-based company Indorama Ventures reported a revenue of $4 billion in Q2 FY23, down 1 per cent QoQ and 27 per cent YoY, and EBITDA was $321 million, up 7 per cent QoQ but down 68 per cent YoY. The company’s fibres division saw a 37 per cent QoQ decline. IVL also signed an MOU with Carbios for the world's first PET bio-recycling plant in...
10th Aug 2023
Toray Industries reported Q1 FY24 revenue of 578.1 billion yen, down 4.6 per cent YoY. Core operating income fell 19.2 per cent, and profit dropped to 13.9 billion yen. The fibres and textiles segment saw a 25.8 per cent income rise, while the carbon fibre segment rose 13.8 per cent. Assets grew to 3,347.4 billion yen, up 153.3 billion yen from...
9th Aug 2023
Suominen Corporation reported H1 FY23 net sales of €229.5 million, nearly unchanged from €228.3 million in H1 FY22. The Americas saw an increase to €144.8 million, while Europe fell to €84.7 million. Comparable EBITDA increased slightly to €5.3 million. Q2 FY23 net sales decreased by 4.5 per cent, while cash flow from operations fell to €6.4...
7th Aug 2023
Edgewell Personal Care's Q3 FY23 results show a 4.2 per cent growth in net sales at $650 million, and a gross profit of $279.7 million, a 16.3 per cent YoY rise. Operating income surged to $85.6 million. The company reported GAAP net earnings of $52.5 million or $1.01 per diluted share. Robust growth was seen across metrics despite minor currency ...