Market News
INDA Partners with Good360
Partnership will help INDA members achieve their sustainability goals Good360, a global leader in product philanthropy and purposeful giving, announced a strategic partnership with INDA, the Association of the Nonwoven Fabrics Industry, to support its ongoing sustainability initiatives. This collaboration will play a vital role in advancing INDA’s Sustainability Theme, which
CHARLOTTE, North Carolina – October 3, 2024: Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce the launch of its OmniSep™ Battery Separator, a cutting-edge solution for the lithium-ion battery market. This innovative product is the result of extensive research and development aimed at
Ontex to sell Brazilian business to Softys
Insights Ontex Group NV (Ontex), a leading international developer and producer of personal care products, has announced that it has entered into a binding agreement to sell its Brazilian business activities to Softys for an enterprise value of BRL 671 million (~$121.90 million). Softys is a personal hygiene company with
BRUSSELS, Belgium — September 30, 2024 — OUTLOOK™ 2024 took place on 24-26 September 2024 in Rome, gathering a record of 549 delegates from 212 companies and 37 countries across the nonwovens personal care, hygiene & wipes products value chain. “OUTLOOK24 has truly exceeded all expectations. I am incredibly proud
Ontex to sell Brazilian business to Softys
Insights Ontex Group NV (Ontex), a leading international developer and producer of personal care products, has announced that it has entered into a binding agreement to sell its Brazilian business activities to Softys for an enterprise value of BRL 671 million (~$121.90 million). Softys is a personal hygiene company with
INDA & EDANA sign LOI in Rome to explore strategic nonwovens alliance
Insights INDA, the Association of the Nonwovens Industry, based in Cary, North Carolina, and EDANA, the Voice of Nonwovens, headquartered in Brussels, Belgium, have announced the signing of a Letter of Intent (LOI) in Rome. The proposed alliance aims to enhance value for members through expanded educational programs, joint advocacy
Andritz to Offer Complete Dry Molded Fiber Lines
Partnership with Pulpac targets sustainable packaging market Machinery supplier Andritz and PulPac AB, the Swedish pioneer in dry molded fiber technology, have entered into a strategic partnership to serve the alternative packaging market with their complementary expertise. Dry Molded Fiber is a nearly waterless process for molding cellulose fibers into three-dimensional products for packaging.
Freudenberg Performance Materials acquires major parts of Heytex Group
Insights Freudenberg Performance Materials is expanding its business in coated technical textiles (Mehler Texnologies). The technical textiles specialist is acquiring major parts of the Heytex Group from the private equity investor Bencis Capital Partners. The acquisition covers the core business of Heytex with three production locations (Germany and China) and
Finland’s Valmet appoints Olli Hanninen as senior VP of strategy
Insights Olli Hanninen has been appointed as the senior vice president (VP) of strategy at Valmet, effective October 1, 2024. He will report to president and CEO Thomas Hinnerskov and will join Valmet’s executive team. Hanninen has held various management roles in Kone’s services business from 2014 to 2024, culminating
Lenzing Group: Joint venture LD Celulose successfully prices Green Notes
Lenzing – The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, announces that LD Celulose International GmbH (the “Issuer”), a wholly owned subsidiary of its Brazilian joint venture, LD Celulose S.A. (“LDC”), has successfully priced the offering of Green Notes in an aggregate