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Weekly Recap: Neenah Expands Meltblown Capacity, Ontex Releases Fiscal Year 2021 Results & More

The most viewed news on our site for the week ended February 26, 2022.

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By: Lianna Albrizio

Associate Editor

Here’s your weekly recap—the most viewed news stories on our site for the week ended February 26, 2022.
 
Neenah, Inc., a leading global manufacturer of specialty materials focused on filtration media, specialty coatings, engineered materials, and imaging & packaging, announced a €25 million investment in new meltblown capacity in its German filtration facility.
 
Its portfolio of meltblown products promotes higher filtration efficacy and lower energy usage. Neenah’s electrostatically charged NeenahPure media solutions support HVAC, air pollution control, and air purification systems, delivering market leading efficiencies >99.9%. The new meltblown line is expected to be online in mid-2024. 
 
In other news, Ontex announced that its revenue was €2.026 billion ($2.3 billion), down 1.5% like for like on lower volumes, in 2021. Prices remained overall stable with a year-on-year increase in the second half of the year offsetting the decrease in the first half. Increases in the AMEAA division in the second half accelerated in the fourth quarter, offsetting a decrease in the Europe division resulting from pricing investments on tenders made in 2020 and early 2021. Volumes were down 1.4%, with improving performance in the second half, despite the impact of supply chain disruptions. These were particularly felt in the feminine care category, as well as some lifestyle brands where specialized raw materials were unavailable. 

Here are our top 3 most viewed stories from the past week:
 
 
 
 
 
 

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