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Pic: VPC Group
Canada’s VPC Group announces acquisition of Fibrix LLC

29th Aug 2023

VPC Group has acquired United States-based Fibrix LLC, a leader in nonwoven materials for various industries including filtration and furniture. VPC, which operates its non-woven businesses under the Fybon brand in Canada, plans to unite these operations under the Fibrix name. The merger is set to enhance market competitiveness and growth.

Pic: Ontex
Belgium’s Ontex offers innovations in adult & baby pants categories

29th Aug 2023

Ontex has introduced innovations in baby pants and adult pants segments, outperforming the disposable pants market in 2022 and maintaining double-digit sales growth in 2023. Baby pants' popularity is rising, driven by easier transition from diapers to regular underwear. Ontex's introduction of the Dreamshield back pocket also enhances leakage...

Pic: VeryVery
US brand VeryVery launches eco-friendly diapers

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.

Pic: Uster
Swiss firm Uster unveils 2-way approach for nonwoven quality assurance

22nd Aug 2023

Uster Technologies offers advanced fabric inspection solutions for nonwovens producers. Their Uster Jossi Vision Shield N utilises powerful imaging spectroscopes to detect and eliminate even small color deviations, ensuring contamination-free fibres. Uster EVS Fabriq Vision N provides automated defect detection at production's end, maintaining...

Pic: FiltXPO
US’ INDA partners with Waterloo Filtration Institute for FiltXPO 2023

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.

Pic: Glatfelter
Glatfelter announces sale of German facility Ober-Schmitten

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...

Pic: Dyper
American firm Dyper launches eco-friendly Charcoal Enhanced Diapers

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...

Pic: Indorama Ventures Limited
Thai firm Indorama Ventures’ revenue at $4 bn in Q2 FY23

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...

Pic: Toray Industries
Consolidated revenue of Japanese firm Toray at 578.1 bn yen in Q1 FY24

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...

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