#Nonwovens / Technical Textiles

2024-03-14

Suominen has published its Annual Report 2023 and Remuneration Policy

Suominen’s Annual Report 2023 has been published on March 12th, 2024. The Annual Report includes Annual review, the Report by the Board of Directors, Financial Statements for 2023, the Auditor’s report, Corporate Governance Statement, Remuneration Report and Sustainability report.

The Sustainability report is conducted in accordance with GRI standards and the sustainability information has been assured by an independent third party.

Together with the Annual Report, Suominen publishes the Report by the Board of Directors and the Financial Statements as an xHTML file in accordance with European Single Electronic Format (ESEF) reporting requirements. In line with the ESEF requirements, the primary statements have been labeled with iXBRL tags and notes have been labeled with iXBRL block tags. The audit firm Ernst & Young Oy has provided an independent auditor's reasonable assurance report on Suominen’s ESEF Financial Statements. The assurance has been conducted in accordance with International Standard on Assurance Engagements ISAE 3000.

The Annual Report is published on Suominen’s website www.suominen.fi and is attached to this stock exchange release as a PDF-format and as an xHTML file.

The Annual Report is available in Finnish and in English. If you wish to receive a printed copy, please send an email to communications@suominencorp.com. Include your name, postal address, and specify whether you would like the copy in English or Finnish.

Remuneration Policy for the Board of Directors and the CEO has also been published today. It is available in English and in Finnish in pdf-format on the company's website at www.suominen.fi and is attached to this stock exchange release.

Francois Guetat joins Suominen as COO

Francois Guetat brings over two decades of global experience in operations, supply chain, and manufacturing excellence. Most recently, he served as SVP of Integrated Supply Chain at Kalmar, where he led business across sourcing, manufacturing, logistics and strategy. His leadership has been shaped by 22 years at Volvo, where he held key roles in Sweden, USA, and Poland.

Suominen reports decline in sales and earnings – Cost savings program and leadership change to drive recovery

Finnish nonwovens manufacturer Suominen Corporation has reported a noticeable drop in both revenue and profitability for the first half of 2025, reflecting a challenging global trade environment, particularly the impact of recent U.S. tariffs, as well as persistently high energy and raw material costs.

ANDRITZ sets focus on textile recycling and durable nonwoven production technologies at ITMA Asia 2025

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at ITMA ASIA + CITME 2025 in Singapore, from October 28 to 31, 2025 (Hall 2, D106). ANDRITZ will showcase its MMCF production plants, textile sorting and recycling, bast fiber processing, needlepunch, airlay, and life-cycle service technologies, with a focus on sustainable solutions. Discover how these innovations can grow your business opportunities and support a greener future.

OUTLOOK™ 2025: Charting a sustainable and innovative future for the Nonwovens Industry

EDANA concluded its flagship event, OUTLOOK™ 2025, last week, marking it as a major success and addressing the biggest questions facing the industry. The three-day conference highlighted the urgent need for a unified approach to sustainability, regulation, and innovation in the absorbent hygiene and wipes sectors.

Global Nonwovens Alliance unveils Inaugural Board, advancing collaboration and growth worldwide

The Global Nonwovens Alliance (GNA), a tax-exempt federation jointly founded by INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens, announces the appointment of its founding Board of Directors. This group of leaders represents some of the most influential executives across the nonwovens value chain and reflects GNA’s mission to foster global collaboration, innovation, and growth in the industry.

T-CAN – Revolutionizing can transport

In virtually all spinning mills, transporting sliver cans is still done manually. Rising labor costs, lack of operators and increasing quality requirements make this a growing challenge. With T-CAN, Trützschler introduces a practical solution: a fully automated can transport system that will be presented live at ITMA ASIA 2025 in Singapore.

DuPont™ Nomex® plant in Asturias receives ISCC PLUS certification

DuPont announced today that its Nomex® production facility in Tamón, Asturias, has received International Sustainability and Carbon Certification (ISCC PLUS) certification. This achievement underscores DuPont's commitment to advancing its sustainability goals and building capabilities to provide reliable Nomex® solutions from sustainable raw materials worldwide.

From concept to stage: Submit presentations for the Techtextil Forum and Texprocess Forum 2026 now

Anyone who wants to contribute to shaping the future of the textile industry can submit a presentation for the Techtextil and Texprocess Forum by 15 December 2025. Both stages represent innovation and practical solutions and promote exchange between research and industry. An international Programme Committee selects the contributions and curates a programme on key future topics in the textile sector. From 21 to 24 April 2026, the two leading trade fairs will once again be the centre of global business dialogue in Frankfurt.

Kornit Digital launches breakthrough footwear solution at ITMA Asia + CITME Singapore 2025

Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced a major industry milestone: the commercial launch of its groundbreaking digital footwear solution for sports and athleisure markets.