SONGWON announces FY2023 financial results

SONGWONSONGWON Industrial Group today released its financial results for FY 2023. In the 4th quarter of 2023, SONGWON Industrial Group recorded consolidated sales of 245,709 Million KRW with a gross profit margin of 11.6%, representing a -17.4% decline in revenue and a -5.5%-points reduction in the gross profit margin compared to Q4/2022. The net profit for Q4/2023 stood at 2,893 Million KRW (Q4/2022: 8,459 Million KRW). SONGWON ended 2023 with overall consolidated sales totaling 1,029,975 Million KRW, 22.5% lower than the previous year (FY2022: 1,329,509 Million KRW).

Syensqo élargit sa gamme de produits biosourcés avec un nouveau pré-imprégné époxy MTM®

Section d'un panneau de carrosserie utilisant le MTM® 49-3. (Photo: Syensqo, PR008)Syensqo, qui faisait auparavant partie du groupe Solvay, a mis au point une nouvelle version de sa résine phare MTM® 49-3 qui contient 30% de monomères biosourcés. Cette nouvelle variante de produit complète le portefeuille de pré-imprégnés avancés MTM® de l'entreprise et vise les applications structurelles automobiles, notamment les panneaux de carrosserie, les composants de châssis et les spoilers.

TANOS selects reycled ABS products from INEOS Styrolution for new mobile system case

Image courtesy of TanosTANOS, one of the global leaders offering innovative and comprehensive storage management and transportation solutions, has selected mechanically recycled ABS[1] from INEOS Styrolution for their new mobile system case “Systainer³ Eco M 187”. The Terluran® ECO GP-22 MR70 from INEOS Styrolution used in this application has a 47% lower CO2e footprint compared to conventional plastics.

Mondi collaborates with Veyzle, WEPA and Soprema to make release liner production waste more circular

Mondi collaborates with Veyzle, WEPA and Soprema to make release liner production waste more circular. (Photo: Mondi, PR279)Mondi, a global leader in packaging and paper, has improved the circularity of material flows in two release liner production sites in Germany and the Netherlands. 95 % of the production waste is now used as secondary raw material for other industries, thanks to its strategic partnerships.

Archroma inspires mills and brands at EXINTEX 2024 with Super Systems+ for enhanced economic and environmental sustainability

Archroma inspires mills and brands at EXINTEX 2024 with Super Systems+ for enhanced economic and environmental sustainability. (Photo: Archroma)Archroma, a global leader in specialty chemicals towards sustainable solutions, is focusing on innovations that deliver both economic and environmental sustainability at this year’s EXINTEX textile industry fair in Puebla, Mexico.

KRAIBURG TPE lance ses «Recycling Content TPE for Automotive» avec un taux de matières recyclées supérieur à 73%

Cette série de nouveaux Recycling Content TPE for Automotive a été développée pour une multitude d’applications techniques. 
(Illustration: © 2024 KRAIBURG TPE)KRAIBURG TPE vient de commercialiser une nouvelle série de produits élastomères thermoplastiques (TPE) avec un taux de matières recyclées dépassant les 73%. Ces nouveaux Recycling Content TPE for Automotive ont été développés pour une multitude d’applications techniques. Dans ce cadre, KRAIBURG TPE a aussi le plaisir d’annoncer un accord avec l’entreprise Tessi Supply, qui utilisera les compounds pour la production de tapis et d’autres éléments.

Archroma and Pointcarre collaborate to bring more color to the textile industry’s digital workflow

Archroma and Pointcarre collaborate to bring more color to the textile industry’s digital workflow. (Photo: Archroma)Archroma Textile Effects, a global leader in specialty chemicals towards sustainable solutions, is bringing its entire portfolio of 5,760 colors to enrich the Pointcarre digital textile design and manufacturing (CAD/CAM) system.

Syensqo launches new Swyft-Ply brand of composites for electronic and smart devices

Syensqo has introduced Swyft-Ply™, multifunctional materials that leverage traditional benefits of composites while meeting unique manufacturing and performance requirements. (Photo: Syensqo, PR007)Syensqo, previously part of Solvay Group, has announced the launch of Swyft-Ply™, a new composite material brand that enhances design options for the electronic and smart devices market. ‘Swyft’ emphasizes the fast-curing nature of the company’s strong and lightweight composites, and ‘Ply’ reflects the use of multiple material layers in the design of composite parts.