business buildings

Essity Partners with Plug and Play to Drive New Innovation in Hygiene

Essity, one of the world’s leading hygiene and health companies, announced that it will expand its partnership with Silicon Valley’s Plug and Play.  Plug and Play is the world’s leading startup accelerator and open innovation platform that connects startup companies with corporations for business development and investment opportunities. Essity joined Plug and Play’s Health & Wellness innovation platform last year to gain access to the company’s global ecosystem of startups, focusing on technologies that would strengthen Essity’s feminine care and baby care products. The relationship has now expanded to include professional hygiene and incontinence products. Read more.

Source: Market Insiders, April 27, 2018

New Outcome Measures to Improve Standards for Incontinence Care

A new consensus-based study has for the first time identified what a set of outcome measures and key performance indicators (KPIs) might look like for toileting and containment strategies, helping patients and professionals in the delivery of incontinence management.  These findings were launched yesterday in Rome, Italy, at the 7th Global Forum on Incontinence (GFI) on the topic of ‘Driving outcomes in continence care – creating a win-win for patients, carers and health systems’.  The study, ‘Measuring outcomes to improve the management of continence care’, was initiated by Essity, a leading global hygiene and health company, led by an expert panel and facilitated by KPMG’s Global Strategy Group. Read more.

Source: Health Europa, April 19, 2018

Stockholm, Sweden

TENA Introduces New Breathable Tech to Premium Line

The TENA brand’s premium absorbent product portfolio, made by Essity (formerly SCA), features new enhancements to promote skin health. TENA Premium Briefs, Protective Underwear and Heavy Pad incontinence products will now feature TENA ConfioAir 100 percent breathable technology, which allows excess moisture to evaporate, to help maintain skin’s natural moisture balance and improve comfort for wearers.  TENA’s ConfioAir technology features a unique outer layer with micro-pores that allows moisture from the inner absorbent core to evaporate. This helps maintain skin’s natural moisture balance, allowing it to breathe and keeping the skin on the inside of the product comfortable and dry. This breakthrough technology is now included across TENA’s premium absorbent product line at no additional cost to the customer. Read more.

Source: HomeCare, November 30, 2017

Stockholm, Sweden

Essity and Microsoft Partner on Internet of Things for TENA Identifi

Essity, a leading global hygiene and health company, and Microsoft will partner to leverage the power of big data and cloud computing to further enhance Essity’s market-leading hygiene and health products and solutions around the world. Essity will implement Microsoft’s Azure cloud-based computing platform. Azure is a collection of integrated cloud services used to build, deploy and manage applications through Microsoft’s global network of data centers. Essity, which develops, produces and sells many of the world’s best-known hygiene and health products, including the global leading Tork and TENA brands, began to leverage big data to deliver smart solutions that help to improve the lives of people around the world four years ago, when it took an Internet of Things (IoT) approach to incontinence care for nursing home residents. Essity’s TENA Identifi was the first incontinence care product designed to electronically track a patient’s voiding patterns. The data is graphically converted into actionable, evidence-based reports to help nursing home staff optimize individualized continence care by ensuring that the right products are being used and that toilet routines are optimized, enhancing quality of life for nursing home residents. Read more.

Source: PRNewswire, September 20, 2017

business buildings

Essity: A Hygiene And Health Powerhouse Is Spun-Off

Sweden’s Svenska Cellulosa Aktiebolaget or SCA dates back to 1929 as a holding company for ten forestry businesses. Over the proceeding decades, SCA began acquiring various hygiene businesses although they remain the largest private land owner of forest land in Europe holding roughly 2.6 million hectares (6.4 million acres). Separating these two businesses made sense and hopefully will allow the true value of each to be realized.  In 2016, Essity (OTC:ESSYY) accounted for 86% ($11.5 billion) of SCA’s total revenue so while SCA was originally founded as a forest products company, in reality, it was a health and hygiene business and had been for many years. It earned around $480 million and generated $790 million in owner earnings last year. Read more.

Source: Seeking Alpha, June 19, 2017