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Recent Articles

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Tokyo-based Kuraray to withdraw from dry-laid nonwoven fabrics business, reduce production capacity for meltblown nonwoven fabrics due to oversupply, declining domestic demand; meltblown lines at Okayama plant halted in June, dry-laid will end in December

Conn’s files for Chapter 11 bankruptcy, plans to close over 550 stores; company reports $530 million in funded debt obligations and seeks court approval for store lease rejections

K-C's 'transformation and new chapter is off to a strong start,' CEO says; K-C has integrated its North America and International supply chain organizations, will exit operations in Nigeria and Bolivia, exit additional private-label business in early 2025

Clearwater Paper to sell tissue business to Sofidel America for US$1.06B, with deal expected to close in late 2024; move marks next step in Clearwater's transformation to become a premier independent supplier of paperboard to North American converters

Shiseido's skin care brand Baum exits Chinese market, stops accepting Tmall orders, effective immediately; closure attributed to 'strategic adjustment' amid declining sales and fallout from Japan's Fukushima discharge

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