LDL Lydall Inc.

Lydall President & CEO Sara Greenstein Commends Biden Administration and ASTM International for New Face Covering Standards

Lydall President & CEO Sara Greenstein Commends Biden Administration and ASTM International for New Face Covering Standards

Lydall Urges Consumers to Buy ASTM-Certified and Buy American-Made

Manchester, Conn., Feb. 16, 2021 (GLOBE NEWSWIRE) -- ASTM International has introduced new certification standards for General Barrier Face Coverings, giving the general public greater awareness and control over the level of protection provided by cloth face masks. ASTM Level 1 Face Coverings block at least 20% of particles 0.3 micron and larger (including bacteria and many viruses), while ASTM Level 2 Face Coverings block at least 50% of these particles.

In response to these new standards, Sara Greenstein, President & CEO of , provided the following statement:

“Lydall and our team of filtration and materials science experts were honored to work alongside ASTM International, the CDC, INDA and our fellow industry colleagues in this joint effort to better educate consumers about the level of protection face masks provide against threats like COVID-19. Since the onset of the pandemic, manufacturers all over the world have stepped up to accelerate production of personal protective equipment and the materials they require, but demand still heavily outweighs supply. For that reason, it remains critically important that we right-size our face masks for our level of risk – and in order to do that, we must understand exactly how much protection masks offer. N95 respirators and surgical masks that contain fine fiber meltblown filtration media remain the gold standard, but these new standards provide much-needed guidance for a broader range of more widely available masks. The message is clear: by buying ASTM-certified and buying American-made, consumers can have clarity and confidence in the level of defense their masks deliver against the virus.”

About Lydall, Inc.

Headquartered in Manchester, Connecticut, with global manufacturing operations, Lydall delivers value-added engineered materials and specialty filtration solutions that create a cleaner, safer and quieter world. Leveraging our 150-year history of technical expertise and innovation, deeply ingrained supplier relationships and operational agility, Lydall partners with our customers to develop bespoke, high-performing and efficient solutions that solve the world’s most pressing challenges. Our precisely engineered, highly technical products protect people and places, providing air pollution control, liquid filtration, heat protection and noise reduction. With “Lydall inside,” our customers can pass the most rigorous testing and certification processes, and their end-users can have full confidence in their products.

Lydall is a New York Stock Exchange-listed company. For more information, visit Lydall® is a registered trademark of Lydall, Inc. in the U.S. and other countries.



Media:
Danielle Orsino
Telephone 949-365-6609
 

Investors:
Brendan Moynihan
Telephone 860-646-1233
Facsimile 860-646-4917
 
EN
16/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Lydall Inc.

 PRESS RELEASE

Lydall Announces September 14, 2021 Special Meeting Results

Lydall Announces September 14, 2021 Special Meeting Results Merger Agreement with Unifrax approved by Lydall ShareholdersLydall and Unifrax anticipate closing within 30 days MANCHESTER, Conn., Sept. 14, 2021 (GLOBE NEWSWIRE) -- (NYSE:LDL, “Lydall” or “the Company”), a leading global provider of specialty filtration and advanced materials solutions, announced today the results of the special shareholder meeting held earlier today. At the special meeting, Lydall shareholders approved the transactions contemplated by that certain Merger Agreement dated June 21, 2021 by and among Lydall, I...

 PRESS RELEASE

Lydall Announces Second Quarter 2021 Results; Significant Growth Acros...

Lydall Announces Second Quarter 2021 Results; Significant Growth Across Focused Portfolio Drives Margin Expansion FINANCIAL HIGHLIGHTS* - Q2 2021 Net sales of $221.7 million, up 51.7% compared to prior year on strong demand across all three segments; up 47.4% organicallyGross margin of 21.6%, up 220 bps; adjusted gross margin of 21.6%, up 210 bpsNet income of $5.8 million or $0.32 per diluted share compared to operating loss per share of ($0.34) in Q2-2020; Adjusted earnings per diluted share of $0.50 compared to adjusted loss per share of ($0.27)EBITDA of $20.5 million or 9.3%...

 PRESS RELEASE

Clearlake Capital-Backed Unifrax to Acquire Lydall, Inc. for $62.10 pe...

Clearlake Capital-Backed Unifrax to Acquire Lydall, Inc. for $62.10 per share Creates Market Leading Global Specialty Materials Platform Focused On Innovative Battery Materials, Filtration Solutions, and Energy Saving Technologies TONAWANDA, N.Y. and MANCHESTER, Conn., June 21, 2021 (GLOBE NEWSWIRE) -- Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed definit...

 PRESS RELEASE

Lydall Announces First Quarter 2021 Results; Strong Demand Across the ...

Lydall Announces First Quarter 2021 Results; Strong Demand Across the Business Drives Healthy Margin Expansion FINANCIAL HIGHLIGHTS* - Q1 2021 Net sales of $227.1 million, up 13.3% compared to prior year on strong demand across all three segments; up 10.8% organicallyGross margin and adjusted gross margin of 21.4%, up 220 bpsNet income of $5.1 million or $0.28 per diluted share compared to loss per share of ($3.25) in Q1-2020; Adjusted earnings per diluted share of $0.35 compared to adjusted earnings per diluted share of $0.20EBITDA of $22.7 million or 10.0% of sales; Adjusted EBITDA up 22...

 PRESS RELEASE

Lydall Announces Stock Repurchase Program

Lydall Announces Stock Repurchase Program MANCHESTER, Conn., April 20, 2021 (GLOBE NEWSWIRE) --   (NYSE:LDL), a leading global provider of specialty filtration and advanced materials solutions, announced today that its Board of Directors has authorized the repurchase of up to $30 million of the Company's outstanding common stock from time to time in open market transactions at prevailing market prices or by other means in accordance with federal securities laws. Commenting on the stock repurchase program, Sara A. Greenstein, President and Chief Executive Officer, said, “This repurchase p...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch