Albaad News
12 articles
BHP Xplor Opens Applications for 2026 Cohort, Offering Equity-Free Funding and Global Support
BHP Group Limited has announced the opening of applications for the 2026 cohort of its BHP Xplor accelerator program, which aims to transform the discovery of critical minerals. The program offers early-stage explorers up to USD $500,000 in equity-free funding, mentorship, and access to BHP’s global network. BHP Xplor has been successful in previous years, fostering partnerships and accelerating exploration projects. The program supports BHPs long-term growth by engaging with diverse exploration projects. Applications are open from September 8 to October 15, 2025.
Partners
Nifty clocks fifth session of gains led by IT on Infosys buyback, US rate cut hopes
Infosys led gains in Indias Nifty 50 index, which closed higher for the fifth consecutive session, driven by a 5% surge in Infosys shares following the announcement of a share buyback plan. The IT sector, which accounted for a significant portion of the days gains, benefited from expectations of a U.S. interest rate cut, which could boost technology spending in the U.S., a key market for Indian IT firms. The broader market also saw gains, with the Nifty 50 and BSE Sensex both rising by 0.39%. The anticipation of a Federal Reserve rate cut was fueled by weaker-than-expected U.S. job data.
Nikkiso Addresses Growing Ammonia-Handling Demand and Launches Next-Generation Pump at Gastech 2025
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced the launch of a next-generation submerged ammonia pump at the Gastech Conference. This pump is designed to be the safest and most reliable in the industry, addressing common maintenance issues with its seal-less, maintenance-friendly, copper-free construction. The pump can deliver over 2,500m3 per hour and has a mean time between outages of over 16,000 hours. This launch is part of Nikkiso CE&IGs ongoing innovation in ammonia handling, with the company having decades of experience in this field. The pump is expected to meet growing demand for ammonia in various sectors, including power generation and shipping.
Product Stage
Assessing the Valuation of Yue Yuen Industrial (SEHK:551) After Recent Volatility
Yue Yuen Industrial (Holdings) has experienced notable stock price fluctuations, drawing attention from investors. Despite a year-to-date decline of 21%, the company has shown resilience with an 11% gain over the past year and a 13% increase in the past three months. Over a longer period, the stock is up 53% over three years and 44% over five years. The companys P/E ratio of 7.2x suggests it is undervalued compared to industry peers, indicating potential for growth if profit levels are sustained or improved. While the company shows steady revenue and net income growth, risks remain due to inconsistent short-term returns and potential shifts in market sentiment.
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
Albaad Named Among Israel's 150 Most Trusted Companies
Albaad, an international Israeli corporation specializing in manufacturing nonwoven fabric and wet wipes, has been recognized as one of Israels most trusted companies for 2023 in the consumer goods category. This recognition was based on a comprehensive market study conducted by Statista in collaboration with Globes newspaper. The study evaluated trust across three major categories: customer trust, investor confidence, and employee trust. Albaad was also selected as part of Israels 150 most trusted companies across all 17 industry sectors, achieving the highest rank in all trust index.
Customers
Albaad buys Spanish wet wipes co Optimal Care
Israeli hygiene products manufacturer Albaad Massuot Yitzhak Ltd. has announced the acquisition of Spanish wet wipes manufacturer Optimal Care for €40 million. Albaad, which has seen a rise in product sales due to the Covid-19 pandemic, expects the acquisition to positively impact the companys results from the second half of 2021. Optimal Care, which produces private label wet wipes for major marketing chains in Europe, had revenue of €72 million in 2020. Albaad had revenue of NIS 1.6 billion in 2020, up 19% from 2019.
Acquisition
Tampon triumph: Albaad wins patent challenge in US court
Edgewell, a US personal care consumer products company, has lost a legal battle against Albaad, an Israeli company, over tampon patents. Edgewell filed a lawsuit claiming that Albaad violated its tampon manufacturing patents and attempted to have Albaads tampons removed from retail chains such as Walmart, Target, and Kroger. However, the court ruled in favor of Albaad, stating that there was no infringement of most of the patents. The only claim that remained was regarding the geometrical relations of the leaves on the tampons insertion head. Albaads tampons will now be able to stay on the shelves of US stores. The article was published on January 29, 2020.
Partners
Israel-Based Albaad USA Expands Reidsville, North Carolina, Manufacturing Plant - Area Development
Albaad USA, Inc. plans to expand its operations in Reidsville, North Carolina by investing $45 million and creating 302 jobs. The company will produce additional lines of personal care products in Rockingham County. The expansion is supported by the North Carolina Department of Commerce and the Economic Development Partnership of N.C. Albaads growth in the county will be facilitated by a Job Development Investment Grant, which will contribute to an estimated $810 million growth in the states economy over 12 years. The grant allows for potential reimbursement of up to $3,688,200 to the company. Albaads decision to expand in Rockingham County will also benefit other economically challenged communities in the state.
InvestmentExpand
Israeli non-woven fabric cos post positive quarter
Albaad Massuot Yitzhak Ltd. reported positive quarterly results, with profits jumping over 80% compared to the same quarter last year. Despite a moderate increase in revenue, both Albaad and competitor Avgol Nonwoven Industries saw double-digit rises in operating profits and a decrease in financing expenses. Investors expressed satisfaction with the results, leading to a rise in share prices for both companies. Albaads shares have risen almost 20% in 2016, reflecting a market cap of NIS 450 million. Avgols shares have skyrocketed over 40%, bringing the company to a peak market cap of over NIS 1.4 billion. Albaad primarily sells its products abroad, while Avgol manufactures non-woven fabric products for the hygiene market and other sectors.
Customers
All Good at Albaad: How a Small Kibbutz Company Grew Into a Global Leader - Knowledge@Wharton
Albaad, an Israeli company that manufactures wet wipes, has grown from a small kibbutz-based business to one of the worlds three largest manufacturers of wet wipes. The company has expanded its operations through strategic acquisitions in Germany and the U.S. and has also diversified into the feminine hygiene business. Albaads growth strategy has been driven by its ability to adapt to changing market conditions and its commitment to continuous strategic positioning. The companys equity is owned by the members of the Massuot Yitzhak kibbutz and the general public through the Tel Aviv Stock Exchange.
AcquisitionExpand
Wet wipes co Albaad buys tampon maker Rostam
Wet wipes maker Albaad Massuot Yitzhak Ltd. has acquired private label tampon manufacturer Rostam Ltd. for $33 million. The acquisition is expected to have a positive impact on the companys growth. Rostam, founded in 1982, manufactures private label tampons for various retailers in the US and Europe. Albaad estimates the global tampon market to be worth $3 billion with 3.5% annual growth.
Acquisition