MANAGEMENT

Ilonka von Bodman, Lara Kufferath

Effective March 1, 2024, Ilonka von Bodman has been appointed as new Chief Financial Officer (CFO) of GKD - Gebr. Kufferath AG, Düren/Germany. She succeeds Markus Kosel, who is retiring after more than 20 years with the company. Von Bodman completes

Rise in global spunbond nonwovens market

COMPANY: Research and Markets FOCUS: Nonwovens

The current worth of the worldwide market for spunbond nonwovens, estimated at US$17.9 billion in 2022, is anticipated to swell to US$33 billion by 2030. This suggests a compound annual growth rate (CAGR) of 7.9% over the forecast period of 2022-2030

Further commitment towards sustainable solutions

COMPANY: Suominen FOCUS: Nonwovens

In a challenging business environment, Suominen experienced a net sales decline of 9%, amounting to €450.9 million. However, the nonwovens manufacturer Suominen expects an improvement in its comparable EBITDA for 2024 from its current €15.8 million i

Produktionsschließung für August 2024 geplant

UNTERNEHMEN: AG Cilander FOKUS: Business

Aufgrund eines Rückgangs der Nachfrage, der hohen Energie- und Produktionskosten in der Schweiz sowie des starken Franken rechnet die Führung der AG Cilander, Herisau/Schweiz, damit, den Betrieb Ende August 2024 schließen zu müssen. Betroffen sind da

Produktion in Augsburg soll geschlossen werden

UNTERNEHMEN: Amann FOKUS: Business

Für Ende 2024 plant der Näh- und Stickgarnhersteller Amann, das Werk in Augsburg zu schließen. Betroffen sind alle Produktionsbereiche. Globale Funktionen innerhalb der Zentralorganisation, z.B. Entwicklung, Einkauf und Qualitätsmanagement, bleiben a

New business unit Commercial Vehicles

COMPANY: Autoneum FOCUS: Business

In a bid to expand its existing commercial vehicle operations, Autoneum has established a new business unit (BU) dedicated to commercial vehicles. This move is aligned with the organization's growth strategy, to increase revenue and profitability in

Creating a new global leader in specialty materials

COMPANY: Berry Global/Glatfelter FOCUS: Nonwovens

A definitive agreement has been penned between Berry Global Group and Glatfelter Corporation to spin-off and merge most of Berry's Health, Hygiene, and Specialties (HH&S) segment, which includes its Global Nonwovens and Films business, with Glatfelte

Ownership of colors

COMPANY: natific FOCUS: Innovation

The supplier of SaaS solutions for color management, natific underscores the need for effective color usage in the fashion and footwear industry. It presents 2 of its latest innovations that address the needs of the color industry. With natific’s

Neue Business Unit Commercial Vehicles

UNTERNEHMEN: Autoneum FOKUS: Business

Autoneum hat die neue Business Unit Commercial Vehicles ins Leben gerufen, um sein Lkw-Geschäft auszubauen und Umsatz und Rentabilität im Fahrzeugsegment zu erhöhen. Fokus dieser strategischen Neuausrichtung liegt zunächst auf den Märkten in Europa u

Sale of superabsorbents business to ICIG

COMPANY: Evonik FOCUS: Business

As part of the ongoing divestment of its Performance Materials Division of Evonic, the superabsorbents business is to be sold to the International Chemical Investors Group (ICIG). The final transfer of the business is planned for mid-2024, following