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31.08.2023

Lenzing's Indonesian site turns into a supplier of specialty viscose fibers

The Lenzing Group, a leading provider of specialty fibers for the textile and nonwoven industries, has made significant technical improvements to its Purwakarta site (PT. South Pacific Viscose). Lenzing has invested more than EUR 100 million since 2021 to convert existing production capacity to specialty viscose. With the imminent completion of the investment, Lenzing is in a better position to serve the strongly growing demand for specialty fibers.

Lenzing is striving for certification according to the standard of the internationally recognized EU Ecolabel1. The product portfolio would thus include LENZING™ ECOVERO™ branded fibers for textiles and VEOCEL™ branded fibers for nonwoven applications. In the course of these substantial investments, Lenzing has set the goal of significantly reducing emissions at the site. Moreover, the site started to obtain renewable grid electricity and promotes a changeover to biomass in line with Lenzing's goals of reducing carbon emissions per ton of product by 50 percent by 2030 and achieving carbon-neutral production by 2050.

The Lenzing Group, a leading provider of specialty fibers for the textile and nonwoven industries, has made significant technical improvements to its Purwakarta site (PT. South Pacific Viscose). Lenzing has invested more than EUR 100 million since 2021 to convert existing production capacity to specialty viscose. With the imminent completion of the investment, Lenzing is in a better position to serve the strongly growing demand for specialty fibers.

Lenzing is striving for certification according to the standard of the internationally recognized EU Ecolabel1. The product portfolio would thus include LENZING™ ECOVERO™ branded fibers for textiles and VEOCEL™ branded fibers for nonwoven applications. In the course of these substantial investments, Lenzing has set the goal of significantly reducing emissions at the site. Moreover, the site started to obtain renewable grid electricity and promotes a changeover to biomass in line with Lenzing's goals of reducing carbon emissions per ton of product by 50 percent by 2030 and achieving carbon-neutral production by 2050.

“Demand for specialty fibers with low environmental impacts continues to grow structurally. We see enormous growth potential in Asia in particular. Through our investments in Indonesia and also at other Lenzing sites worldwide, we are in a better position to serve this growing demand. At the same time, we continue working tirelessly to make the industries in which we operate even more sustainable and to drive the transformation of the textile business model from linear to circular,” says Stephan Sielaff, Chief Executive Officer of the Lenzing Group.

More information:
Lenzing speciality fibers indonesia
Source:

Lenzing AG

TCO 21XL (c) Trützschler Group SE
31.08.2023

TCO 21XL: 12 heads boost production

TRÜTZSCHLER Spinning presents an innovation for the textile machinery market: the high-performance comber TCO 21XL with 12 combing heads. For many decades, eight combing heads has been considered state-of-the-art in the spinning industry. Now, Trützschler’s advanced technology and engineering proves that it is possible to build a heavy-duty comber that maximizes productivity by 50 % and saves space without compromising on quality.

They say two heads are better than one, so just imagine what 12 heads can do! That’s the simple but effective idea behind the TCO 21XL. Increasing the number of combing heads by 50 % makes it possible to increase productivity by 50 %, enabling rates of up to 150 kg/h. As a result, two TCO 21XL combers offer the same production capacity as three conventional combers. And that means companies that buy and operate two machines instead of three can achieve significant benefits in terms of their price-performance-ratio (cost/kg). The costs of running the machines are broken down into 12 instead of eight heads, making the machine more cost-effective over its entire operating life.

TRÜTZSCHLER Spinning presents an innovation for the textile machinery market: the high-performance comber TCO 21XL with 12 combing heads. For many decades, eight combing heads has been considered state-of-the-art in the spinning industry. Now, Trützschler’s advanced technology and engineering proves that it is possible to build a heavy-duty comber that maximizes productivity by 50 % and saves space without compromising on quality.

They say two heads are better than one, so just imagine what 12 heads can do! That’s the simple but effective idea behind the TCO 21XL. Increasing the number of combing heads by 50 % makes it possible to increase productivity by 50 %, enabling rates of up to 150 kg/h. As a result, two TCO 21XL combers offer the same production capacity as three conventional combers. And that means companies that buy and operate two machines instead of three can achieve significant benefits in terms of their price-performance-ratio (cost/kg). The costs of running the machines are broken down into 12 instead of eight heads, making the machine more cost-effective over its entire operating life.

50 % higher productivity is great – and it can be even greater if the machine is operated with JUMBO cans. The can changer needs to keep up with the extra performance, and JUMBO cans can easily collect the additional output of the TCO 21XL because they feature a 1200 mm diameter. This makes it possible to minimize non-productive time when changing cans. Anybody who is planning a new spinning mill knows that every square meter of space adds to the overall costs. The new TCO 21XL comber offers huge benefits in this regard because 25 % less floor space is required to operate same number of combing heads. This reduces the initial building costs, while also decreasing operating costs related to lighting, air conditioning and other overheads.

Source:

Trützschler Group SE

30.08.2023

Autoneum: Half-Year Results 2023

Autoneum's consolidated revenue increased by 24.1% from CHF 888.7 million to CHF 1 102.6 million in the first half of 2023. The Group grew significantly both organically, thanks to a market recovery in Europe and North America, and inorganically, through the acquisition of the traditional German company Borgers. All business units improved their profitability compared to the prior-year period. EBIT adjusted for special effects increased by CHF 33.0 million to CHF 45.0 million and the EBIT margin rose from 1.4% to 4.1% compared to the prior-year period. EBIT rose by CHF 78.5 million to CHF 84.9 million in the same period, with an increase in EBIT margin of 7.0 percentage points to 7.7%. Autoneum achieved a solid net result of CHF 57.8 million. Business Group North America nearly reached break-even point before special effects. As planned, the Borgers units, consolidated for the first time in the second quarter, made a positive contribution to the overall result from day one.

Autoneum's consolidated revenue increased by 24.1% from CHF 888.7 million to CHF 1 102.6 million in the first half of 2023. The Group grew significantly both organically, thanks to a market recovery in Europe and North America, and inorganically, through the acquisition of the traditional German company Borgers. All business units improved their profitability compared to the prior-year period. EBIT adjusted for special effects increased by CHF 33.0 million to CHF 45.0 million and the EBIT margin rose from 1.4% to 4.1% compared to the prior-year period. EBIT rose by CHF 78.5 million to CHF 84.9 million in the same period, with an increase in EBIT margin of 7.0 percentage points to 7.7%. Autoneum achieved a solid net result of CHF 57.8 million. Business Group North America nearly reached break-even point before special effects. As planned, the Borgers units, consolidated for the first time in the second quarter, made a positive contribution to the overall result from day one.

Economic conditions in the automotive supply industry improved in the first half of 2023 compared to the prior-year period. There was a slight easing of supply chains and a rise in production volumes among vehicle manufacturers already in the first quarter of 2023. This was especially true in markets that had previously been heavily impacted by supply chain bottlenecks.

Global automobile production climbed by 11.8%* compared with the prior-year period, although consumer demand was somewhat dampened by high vehicle prices in some markets. In this improved market environment and supported by the acquisition of the automotive business from Borgers, a long-standing German company, as of April 1, 2023, Autoneum increased its revenue and net result substantially in the first six months compared with the same period of the previous year.

  • Positive revenue development supported by inorganic growth
  • Significant improvement of operational profitability and solid net profit
  • Equity ratio influenced by the acquisition of Borgers Automotive
  • Creation of a capital band
  • Business Groups
  • Integration of Borgers automotive business
  • Working on behalf of electromobility with sustainable noise absorption in underbody
  • shields
  • Change to the Group Executive Board
  • SBTi recognizes Autoneum’s science-based targets

Outlook unchanged
According to the current S&P market forecasts, it is expected that global automobile production will climb by 5.7%* in 2023 compared with 2022. Autoneum anticipates that production volumes in the various regions will develop in line with the forecasts. Customer negotiations are ongoing and Autoneum expects that the increase in costs for raw materials, energy, transportation and staff will be completely offset in the second half of the year. Based on the forecast market development and the renegotiated customer agreements, Autoneum confirms the outlook that it published in March 2023. The Company expects total revenue of CHF 2.4 to 2.5 billion at unchanged exchange rates for the financial year 2023, an EBIT margin of 3.5% to 4.5% excluding one-time effects and a free cash flow in the higher double-digit millions, excluding acquisition-related net cash outflows.

For more information, see attached document.

*Source: S&P market forecast – August 15, 2023

Source:

Autoneum Management AG

DyStar Systainability Report 2022/23 DyStar Singapore Pte Ltd
25.08.2023

DyStar Releases 2022 – 2023 Integrated Sustainability Report

DyStar, a leading specialty chemical company announced the release of its thirteenth annual Integrated Sustainability Report. The report is prepared in accordance with the updated GRI Standards 2021: Core Options. Despite the challenging business landscape and economic situations, DyStar remains committed to delivering tangible values that the Group has strategically created through the six major capitals, using the Integrated Reporting <IR> framework.

DyStar’s business strategies have proven their effectiveness and delivered significant progress toward its 2025 targets. The company has successfully reduced its environmental footprint in Greenhouse Gas Emission intensity and Wastewater production intensity by more than 30%, compared to the baseline year 2011.

More specifically, DyStar’s Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions intensity was 45% lower (tCO2e per ton production) than the baseline year 2011, with a totaled GHG emission of 56.91 thousand tCO2e. This is also 9% lower when compared to FY2021.

DyStar, a leading specialty chemical company announced the release of its thirteenth annual Integrated Sustainability Report. The report is prepared in accordance with the updated GRI Standards 2021: Core Options. Despite the challenging business landscape and economic situations, DyStar remains committed to delivering tangible values that the Group has strategically created through the six major capitals, using the Integrated Reporting <IR> framework.

DyStar’s business strategies have proven their effectiveness and delivered significant progress toward its 2025 targets. The company has successfully reduced its environmental footprint in Greenhouse Gas Emission intensity and Wastewater production intensity by more than 30%, compared to the baseline year 2011.

More specifically, DyStar’s Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions intensity was 45% lower (tCO2e per ton production) than the baseline year 2011, with a totaled GHG emission of 56.91 thousand tCO2e. This is also 9% lower when compared to FY2021.

Similarly, for Wastewater production intensity, DyStar achieved a 52% reduction compared to baseline year 2011, and a 24% reduction from FY2021.

Some other key highlights and value-adds include (when compared to FY2021):

  • Financial Capital: The results of production efficiency and streamlining manufacturing indirectly contributed to the reduction of 5.8% in operating cost
  • Manufactured Capital: Apart from ensuring quality suppliers through DyStar’s internal audit, DyStar’s effort on environmental performance and climate impacts with the Institute of Public & Environmental Affairs (IPE) was recognized and ranked second by industry on IPE’s Green Supply Chain Corporate Information Transparency Index (CITI)
  • Intellectual Capital: The innovative Cadira® modules continue to support the supply chain with a lower carbon footprint
  • Human Capital: The full launch of DyStar University (DSU), a proprietary LMS, supports the learning and development of employees globally
  • Social Capital: DyStar’s culturally diverse workforce organized a variety of activities and events in support of its global community and made a total contribution of USD 128,946 to various corporate social responsibility (“CSR”) program.

Despite the harsh economic headwinds, these figures further demonstrated the effectiveness of DyStar’s initiatives that were installed throughout the reporting year.

DyStar maintains a cautious yet optimistic outlook on its global performance.

More information:
DyStar Sustainability Report
Source:

DyStar Singapore Pte Ltd

SHIMA SEIKI at Preview in SEOUL (c) SHIMA SEIKI MFG., LTD.
18.08.2023

SHIMA SEIKI at Preview in SEOUL

SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Korean subsidiary SHIMA SEIKI KOREA INC., will participate in the Preview in SEOUL exhibition in Seoul, Republic of Korea this month (23rd - 25th of August 2023).

SHIMA SEIKI will show its SWG061N2 compact WHOLEGARMENT® knitting machine which can produce a wide range of WHOLEGARMENT® items in their entirety without the need for linking or sewing. The SWG-N2 series “Mini” range is suited to the production of small knit items and accessories such as gloves, socks, hats and scarves as well as cozies, shoe uppers, bags, card cases, glasses cases, smartphone covers and other personal items. The N.SVR093SP is a conventional shaped knitting machine featuring a loop presser bed that yields novel fabrics with special inlay patterns that are produced by inserting yarn into knit fabric in a weave fashion, offering new and exciting possibilities in hybrid knit-weave textiles. Both machines will be shown knitting such items as bags and sporting goods to demonstrate the capability of current knitting technology for producing non-apparel items.

SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Korean subsidiary SHIMA SEIKI KOREA INC., will participate in the Preview in SEOUL exhibition in Seoul, Republic of Korea this month (23rd - 25th of August 2023).

SHIMA SEIKI will show its SWG061N2 compact WHOLEGARMENT® knitting machine which can produce a wide range of WHOLEGARMENT® items in their entirety without the need for linking or sewing. The SWG-N2 series “Mini” range is suited to the production of small knit items and accessories such as gloves, socks, hats and scarves as well as cozies, shoe uppers, bags, card cases, glasses cases, smartphone covers and other personal items. The N.SVR093SP is a conventional shaped knitting machine featuring a loop presser bed that yields novel fabrics with special inlay patterns that are produced by inserting yarn into knit fabric in a weave fashion, offering new and exciting possibilities in hybrid knit-weave textiles. Both machines will be shown knitting such items as bags and sporting goods to demonstrate the capability of current knitting technology for producing non-apparel items.

SDS®-ONE APEX design system and APEXFiz® subscription-based design software will also be on display. Both support the creative side of fashion from planning and design to colorway evaluation, realistic fabric simulation and 3D virtual sampling. Virtual samples are a digitized version of sample making that are accurate enough to be used effectively as prototypes, replacing physical sampling and consequently reducing time, cost and material that otherwise go to waste. Virtual samples can furthermore be used in e-commerce to gauge consumer demand before production begins. Feeding that information back to production and combined with on-demand WHOLEGARMENT® knitting technology, production can be adjusted to optimize inventory and minimize leftover waste. APEXFiz® thereby helps to realize sustainability and digitally transform the fashion supply chain.

Source:

SHIMA SEIKI MFG., LTD.

Graphik CHT
08.08.2023

CHT Group publishes Sustainability Report 2022

The Sustainability Report 2022, which is now digitally available summarizes key ecological, economic, and social developments.
The report shows that the CHT Group has defined and anchored sustainability as an integral part of its corporate strategy.
 

  • The group of companies is pursuing the goal of becoming climate-neutral by 2045
  • At the end of 2021, the CHT Group subscribed to the Science Based Targets initiative (SBTi) to meet the targets of the Paris Climate Agreement and committed to the 1.5 °C target
  • 77 % of sales were achieved with sustainably classified products

The issue of sustainability has been anchored in the DNA of the internationally active foundation-owned group of companies for 70 years. No less an aspiration is derived from this than to support all customers with the most innovative, most sustainable products and solutions and thus to become the leading supplier of sustainable chemical products and solutions in all target markets.

The Sustainability Report 2022, which is now digitally available summarizes key ecological, economic, and social developments.
The report shows that the CHT Group has defined and anchored sustainability as an integral part of its corporate strategy.
 

  • The group of companies is pursuing the goal of becoming climate-neutral by 2045
  • At the end of 2021, the CHT Group subscribed to the Science Based Targets initiative (SBTi) to meet the targets of the Paris Climate Agreement and committed to the 1.5 °C target
  • 77 % of sales were achieved with sustainably classified products

The issue of sustainability has been anchored in the DNA of the internationally active foundation-owned group of companies for 70 years. No less an aspiration is derived from this than to support all customers with the most innovative, most sustainable products and solutions and thus to become the leading supplier of sustainable chemical products and solutions in all target markets.

"Climate neutrality" and comprehensive social responsibility  
In the implementation of the sustainability strategy of the CHT Group, the field of action "climate neutrality" takes a central role. The CHT Group has set itself the goal of being climate neutral both in its own production and in the supply chain from the year 2045. The path to climate neutrality by 2045 is illustrated in the report as part of the strategic goal.

In addition to climate protection, social responsibility is also a top priority for the CHT Group. The continuous improvement of health protection and occupational safety is a top priority for the company.

From CHT's point of view, qualified and committed employees make a significant contribution to the company's future success. For this reason, the CHT Group promotes the professional and personal development of its workforce to a high degree and invests in future-oriented and targeted training and further education of its workforce.

For the CHT Group, the respect for human rights is an indispensable pillar of the corporate culture and an essential part of the group-wide Code of Conduct. In 2022, the Human Rights Compliance Policy Statement was developed, and compliance processes and measures were put in place to prevent any violations and identify and mitigate human rights related risks.

 

More information:
CHT Group Sustainability Report
Source:

CHT Gruppe

Photo Indorama Ventures Public Company Limited
08.08.2023

Indorama Ventures almost triples PET recycling capacity in Brazil

Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate (PET) resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation (IFC), a member of the World Bank.

The recycling facility, located in Juiz de Fora, Minas Gerais, Brazil, is increasing its production capacity from 9 thousand tons to 25 thousand tons per year of PET made from post-consumer recycled (PET-PCR) material. The project is part of Indorama Ventures’ Vision 2030 ambition to continue building a sustainable global company, including spending $1.5 billion to increase its recycling capacity to 50 billion PET bottles per year by 2025.

PET is a unique and widely used plastic for water and soda bottles and the most recycled plastic in the world. Indorama Ventures, the world’s largest provider of recycled PET resin used to make beverage bottles, invested US$20 million to optimize its Brazil facility’s processes and acquire new equipment such as washing machines to help remove labels, grind bottles in water and reduce water consumption by 70%.

Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate (PET) resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation (IFC), a member of the World Bank.

The recycling facility, located in Juiz de Fora, Minas Gerais, Brazil, is increasing its production capacity from 9 thousand tons to 25 thousand tons per year of PET made from post-consumer recycled (PET-PCR) material. The project is part of Indorama Ventures’ Vision 2030 ambition to continue building a sustainable global company, including spending $1.5 billion to increase its recycling capacity to 50 billion PET bottles per year by 2025.

PET is a unique and widely used plastic for water and soda bottles and the most recycled plastic in the world. Indorama Ventures, the world’s largest provider of recycled PET resin used to make beverage bottles, invested US$20 million to optimize its Brazil facility’s processes and acquire new equipment such as washing machines to help remove labels, grind bottles in water and reduce water consumption by 70%.

In November 2020, the IFC provided $300 million in Blue Loan funding to Indorama Ventures with the objective of increasing recycling capacity and diverting plastic waste from landfills and oceans in Thailand, Indonesia, Philippines, India, and Brazil—countries which are grappling with mismanaged waste and serious plastic waste in the environment. Blue Loan funds are certified and tracked for projects that support sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health. Indorama Ventures has secured a total US$2.4 billion in long-term sustainable financing from various financial institutions between 2018–2022 to support sustainability projects.

Source:

Indorama Ventures Public Company Limited 

07.08.2023

SGL Carbon: Confirmation of the full-year guidance for 2023

  • Sales up 1.9% year-on-year to €560.5 million with stable adjusted EBITDA of €88.0 million
  • Strong business performance of the Graphite Solutions, Process Technology and Composite Solutions businesses
  • Sales and earnings decline at Carbon Fibers due to weakness of wind market
  • Impairment at Carbon Fibers of €44.7 million

Despite the increasingly difficult economic environment, SGL Carbon was able to increase sales in H1 2023 from €549.8 million in the previous year to €560.5 million. Adjusted EBITDA (EBITDApre) remained almost unchanged at €88.0 million (H1 2022: €87.9 million). The expected good business performance of the Graphite Solutions business unit and the better-than-expected sales and earnings development of Process Technology and Composite Solutions compensated the drop in demand in Carbon Fibers.

  • Sales up 1.9% year-on-year to €560.5 million with stable adjusted EBITDA of €88.0 million
  • Strong business performance of the Graphite Solutions, Process Technology and Composite Solutions businesses
  • Sales and earnings decline at Carbon Fibers due to weakness of wind market
  • Impairment at Carbon Fibers of €44.7 million

Despite the increasingly difficult economic environment, SGL Carbon was able to increase sales in H1 2023 from €549.8 million in the previous year to €560.5 million. Adjusted EBITDA (EBITDApre) remained almost unchanged at €88.0 million (H1 2022: €87.9 million). The expected good business performance of the Graphite Solutions business unit and the better-than-expected sales and earnings development of Process Technology and Composite Solutions compensated the drop in demand in Carbon Fibers.

In particular, the Graphite Solutions (GS) business unit contributed to the stable development of the Company with a 15.3% increase in sales to €280.6 million (H1 2022: €243.4 million) and a 20.6% improvement in adjusted EBITDA to €65.1 million (H1 2022: €54.0 million). GS benefited especially from the high demand of the semiconductor industry. The semiconductor and LED market segment now accounts for around 45% of GS revenue (H1 2022: around 35%).

With a 30.9% increase in sales to €64.4 million (H1 2022: €49.2 million) and a significant rise in adjusted EBITDA from €4.1 million to €11.9 million, the business performance of Process Technology (PT) was significantly above the original planning. Composite Solutions (CS) also reported a higher-than-forecast sales increase of 14.4% to €79.6 million in H1 2023 (H1 2022: €69.6 million) and an improvement in adjusted EBITDA of 26.8% to €12.3 million (H1 2022: €9.7 million). By contrast, the business performance of the Carbon Fibers (CF) unit was not in line with expectations, with a 28.9% decline in sales to €125.1 million (H1 2022: €176.0 million) and a 78.4% drop in earnings to €6.1 million (H1 2022: €28.2 million).

An important market segment for the Carbon Fibers business unit is the wind industry. Demand for carbon fibers for the wind industry has declined sharply since the beginning of the year. According to current estimates, the expected recovery in demand in H2 2023 will not materialize. SGL Carbon expects customer demand from the wind industry to pick up in 2024.

As already announced in the ad hoc release of July 24, 2023, an impairment loss of €44.7 million was recognized on the assets of Carbon Fibers as of June 30, 2023.

Results situation
SGL Carbon's adjusted EBITDA (EBITDApre) remained almost stable in a half-year comparison at €88.0 million (H1 2022: €87.9 million). Due to the lack of demand from wind industry, CF's production capacity utilization decreased and idle capacity costs weighed on adjusted EBITDA. By contrast, higher margins from product mix and volume effects in the other three business units had a positive impact on adjusted EBITDA.

Non-recurring items and one-off effects not included in adjusted EBITDA totaled minus €46.9 million in the first half of 2023, of which €44.7 million resulted from an impairment loss in the CF business unit.

In addition to the above-mentioned effects and nearly unchanged depreciation and amortization of €29.1 million (H1 2022: €28.9 million), the decline in EBIT resulted in particular from the impairment loss already described (€44.7 million). After €69.6 million in H1 2022, EBIT amounted to €12.0 million in the reporting period.

Taking into account the slightly improved financial result of minus €15.8 million (H1 2022: minus €16.6 million), consolidated net income for the first six months of the current financial year amounted to minus €10.0 million, compared to €48.8 million in the first half of the previous year.

Net financial debt and equity
To complete its refinancing, SGL Carbon issued convertible bonds with a volume of €118.7 million in June 2023 and drew an existing term loan facility of €75 million in July 2023, which was used together with cash of the Company on July 28, 2023 to repay the corporate bond (outstanding as of June 30, 2023: €237.4 million). Accordingly, cash and cash equivalents increased to €310.5 million as of June 30, 2023 (€227.3 million as of December 31, 2022) and financial debt temporarily increased to €480.4 million (€398.1 million as of December 31, 2022). Net financial debt remained nearly unchanged at €169.9 million as of June 30, 2023 (Dec. 31, 2022: € 170.8 million).

Despite the impairment loss of €44.7 million in Carbon Fibers, shareholders' equity amounted to €565.2 million as of June 30, 2023, only slightly lower than at the end of 2022 (Dec. 31, 2022: €569.3 million). This corresponds to an equity ratio of 36.1% (Dec. 31, 2022: 38.5%).

Source:

SGL CARBON SE

02.08.2023

Lenzing: Business Performance in the first half of 2023

  • Revenue of EUR 1.25 bn and EBITDA of EUR 136.5 mn in the first half of 2023
  • EBITDA and net result for the period significantly improved compared with the first quarter of 2023
  • Cost-cutting program and measures to strengthen sales activities being implemented as planned
  • Liquidity position strengthened by successful capital increase and extension of credit terms
  • Production of TENCEL™ brand modal fibers successfully launched in China

The business performance of the Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwoven industries, largely reflected the subdued market trends in the first half of 2023. After the market environment deteriorated significantly in the second half of 2022, signs of recovery were evident during the first and second quarters of 2023 in terms of both raw material and energy costs as well as demand. Textile fibers recorded improving demand, and business with nonwoven fibers and with dissolving wood pulp proved to be very stable.

  • Revenue of EUR 1.25 bn and EBITDA of EUR 136.5 mn in the first half of 2023
  • EBITDA and net result for the period significantly improved compared with the first quarter of 2023
  • Cost-cutting program and measures to strengthen sales activities being implemented as planned
  • Liquidity position strengthened by successful capital increase and extension of credit terms
  • Production of TENCEL™ brand modal fibers successfully launched in China

The business performance of the Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwoven industries, largely reflected the subdued market trends in the first half of 2023. After the market environment deteriorated significantly in the second half of 2022, signs of recovery were evident during the first and second quarters of 2023 in terms of both raw material and energy costs as well as demand. Textile fibers recorded improving demand, and business with nonwoven fibers and with dissolving wood pulp proved to be very stable.

Outlook
The war in Ukraine and the more restrictive monetary policy pursued by many central banks in order to combat inflation are expected to continue to influence global economic activity. The IMF warns that risks remain elevated overall and forecasts growth of 3 percent for both 2023 and 2024. The currency environment is expected to remain volatile in the regions of relevance to Lenzing.

This market environment continues to weigh on the consumer climate and on sentiment in the industries relevant to Lenzing. Recently, however, the outlook brightened somewhat according to a global survey by the ITMF.*

In the trend-setting market for cotton, signs are emerging of a further buildup of stocks in the current 2022/23 crop season. Initial forecasts also see a further buildup of stocks in 2023/24, albeit to a lesser extent.

However, despite signs of recovery in both demand and raw material and energy costs, earnings visibility remains limited overall.

Lenzing is fully on track with the implementation of its reorganization and cost-cutting program. These and further measures are aimed at positioning Lenzing in the best possible way for the expected market recovery.

In structural terms, Lenzing continues to anticipate growth in demand for environmentally responsible fibers for the textile and clothing industry as well as the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its “Better Growth” strategy and plans to continue driving growth with specialty fibers as well as its sustainability goals, including the transformation from a linear to a circular economy model.

The successful implementation of the key projects in Thailand and Brazil as well as the investment projects in China and Indonesia will further strengthen Lenzing’s positioning in this respect.

Taking into consideration the aforementioned factors and assuming a further market recovery in the current financial year, the Lenzing Group continues to expect EBITDA in a range between EUR 320 mn and EUR 420 mn for 2023.

 

*Source: ITMF, 21st Global Textile Industry Survey, July 2023

Source:

Lenzing AG

(c) SHIMA SEIKI MFG., LTD.
26.07.2023

SHIMA SEIKI launches SHIMA HelpCenter

Flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan has launched its “SHIMA HelpCenter” customer support site. SHIMA HelpCenter integrates Help, FAQ, Operation Manual, and Glossary functions for SHIMA SEIKI products, and supports cross-content keyword search to improve user convenience. In addition, video content provides easy-to-understand explanations of various product functions, as smart solutions to questions and problems that may arise during product use. With support for smartphones and tablets, our product users can use the service anytime, anywhere. Operation manuals that were previously provided in printed form are being converted to the online version in order to provide services more efficiently in an environmentally friendly, sustainable, and convenient manner.

Flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan has launched its “SHIMA HelpCenter” customer support site. SHIMA HelpCenter integrates Help, FAQ, Operation Manual, and Glossary functions for SHIMA SEIKI products, and supports cross-content keyword search to improve user convenience. In addition, video content provides easy-to-understand explanations of various product functions, as smart solutions to questions and problems that may arise during product use. With support for smartphones and tablets, our product users can use the service anytime, anywhere. Operation manuals that were previously provided in printed form are being converted to the online version in order to provide services more efficiently in an environmentally friendly, sustainable, and convenient manner.

SHIMA online is a web service platform which features “APEXFiz®” design software subscription service, “yarnbank®” digital yarn sourcing service, “SHIMA Datamall™” digital content service, “SHIMANAVI®” e-learning system and “SHIMA KnitManager™” knit production management software, all of which are designed to improve operational efficiency and create attractive and sustainable products. With a SHIMA online account, both SHIMA HelpCenter and SHIMA Datamall can be accessed using the same ID.

Source:

SHIMA SEIKI MFG., LTD.

Freudenberg: 3D entangled mat production in China (c) Freudenberg Performance Materials Holding GmbH
24.07.2023

Freudenberg: 3D entangled mat production in China

Freudenberg Performance Materials (Freudenberg), a global supplier of high-performance technical textiles has begun operating a new 3D entangled mat production line in Changzhou (China). It enables Freudenberg to supply customers in the APAC region with Enka®Solutions made in China for building, industrial and civil engineering applications. Freudenberg now is also able to serve customers in diverse technical markets with finished and semi-finished products.

This investment in China will significantly increase Enka®Solutions production capacity and will play a fundamental role in the development of Enka business with customers in the APAC region. Freudenberg inaugurated the new line in Changzhou at an opening ceremony on July 13th.

Freudenberg Performance Materials (Freudenberg), a global supplier of high-performance technical textiles has begun operating a new 3D entangled mat production line in Changzhou (China). It enables Freudenberg to supply customers in the APAC region with Enka®Solutions made in China for building, industrial and civil engineering applications. Freudenberg now is also able to serve customers in diverse technical markets with finished and semi-finished products.

This investment in China will significantly increase Enka®Solutions production capacity and will play a fundamental role in the development of Enka business with customers in the APAC region. Freudenberg inaugurated the new line in Changzhou at an opening ceremony on July 13th.

The new production line in Changzhou complements the manufacturing operations in Obernburg (Germany) and Asheville (North Carolina, USA). With a global manufacturing presence on the three different continents Europe, Asia and America, Freudenberg can now serve markets locally and deliver Enka®Solutions products faster and efficiently. This will not only help to better meet customer needs, but also reducing the company's environmental footprint by increasing local production.

Source:

Freudenberg Performance Materials Holding GmbH

21.07.2023

Digital Textile Printing: Direct-to-Film Technology

In the printing industry, direct-to-film technology is having a transformative impact on the apparel decoration space. It provides a simple and affordable garment printing process that facilitates vibrant, dynamic, full-colour designs with a durable print. It opens up opportunities for digital print service providers (PSPs) to expand their product offerings in the textile industry, their network of potential customers and expand the range of fabrics they can print on.

In the printing industry, direct-to-film technology is having a transformative impact on the apparel decoration space. It provides a simple and affordable garment printing process that facilitates vibrant, dynamic, full-colour designs with a durable print. It opens up opportunities for digital print service providers (PSPs) to expand their product offerings in the textile industry, their network of potential customers and expand the range of fabrics they can print on.

Direct-to-film vs. Screen Printing
Direct-to-film printing is the process of digitally printing directly onto a special transfer film sheet. The printed film is subsequently sprinkled with a hot-melt powder and heated. Once the transfer sheet is cured and dried, it can be heat-pressed onto a variety of fabrics to create premium transferred designs for customised merchandising, sportswear, and an array of other promotional applications for the textile market. Compared with traditional screen printing, the plate creation required for that process is far too time-consuming. Not only this, but it does not match direct-to-film’s ability to produce vivid colours and quality details such as shapes, lettering, and motifs often sought after in the promotional and merchandising space for bespoke textiles.

The Mimaki TxF150-75
Mimaki’s first direct-to-film inkjet printer is the TxF150-75, a fitting extension to the 150 series, with a maximum printing width of 80cm. Offering a stable printing plotter, the model’s built-in ink circulation system and degassed ink pack are resolutions to common direct-to-film challenges such as poor ink ejection and white ink clogging. The new printer also includes core Mimaki features including NCU (Nozzle Check Unit) and NRS (Nozzle Recovery System) for stable, uninterrupted print production. Operating in harmony with the textile printer itself is Mimaki’s ECO PASSPORT by OEKO-TEX® certified water-based pigment textile inks, formulated especially for the TxF150-75. Coupled with Mimaki’s RasterLink7 RIP software, users are offered end-to-end oversight and efficiency from creative design to final product.

In addition, and in line with Mimaki’s collaborative approach to meeting customer needs, Adkins has developed an 80cm wide powder shaker cure unit to complete this ‘A brand’ direct-to-film printing solution. By offering the printer and post-processing unit at 80cm wide, customers can print larger garments with less waste and quicker production times, making the process much more cost effective.

TEXAID x PUMA partnership for Swiss RE:FIBRE take back program Photo: TEXAID / Puma
19.07.2023

TEXAID x PUMA partnership for Swiss RE:FIBRE take back program

As a leading company in the collecting, sorting, reselling, and recycling of post-consumer textile waste, TEXAID has enabled the recycling of post-consumer textile waste into new textiles and clothing. Working together with brands and retailers, TEXAID and their partners are continuing to take action to shift from a linear to a circular system.

Today’s linear system of «take – make – waste» needs to change. New textiles are produced used and discarded instead of putting them to a second use. The production of new textiles requires natural resources that are limited, and the current system has a significant negative impact on our planet. The transition to a circular system, where garments are kept in use for longer, is an opportunity to harness untapped potential around customer loyalty, economic growth, and ecological sustainability. To move away from the linear system and enable products to be made out of post-consumer textile waste, TEXAID continues to expand its offering for in-store collection programs throughout Europe and the USA

As a leading company in the collecting, sorting, reselling, and recycling of post-consumer textile waste, TEXAID has enabled the recycling of post-consumer textile waste into new textiles and clothing. Working together with brands and retailers, TEXAID and their partners are continuing to take action to shift from a linear to a circular system.

Today’s linear system of «take – make – waste» needs to change. New textiles are produced used and discarded instead of putting them to a second use. The production of new textiles requires natural resources that are limited, and the current system has a significant negative impact on our planet. The transition to a circular system, where garments are kept in use for longer, is an opportunity to harness untapped potential around customer loyalty, economic growth, and ecological sustainability. To move away from the linear system and enable products to be made out of post-consumer textile waste, TEXAID continues to expand its offering for in-store collection programs throughout Europe and the USA

Aligned with the launch of the PUMA Switzerland 23/24 Women’s World Cup home jersey, PUMA and TEXAID have partnered for the Swiss division of their RE:FIBRE Program. PUMA is working to have a more sustainable, long-term solution for recycling polyester jerseys. To achieve this goal, they have developed their RE:FIBRE Program, which transforms textile waste, along with other used materials, into new textiles.

To enable this textile to textile program in Switzerland, specific feedstocks are requires, which is TEXAID’s role as the operator of the collection and sorting. Newly launched in the PUMA Zurich location at Jelmoli, customers can bring garments of all brands and deposit them in-store. TEXAID collects and sorts all deposited items, sending eligible polyester garments into the PUMA RE:FIBRE program, to be recycled into new garments. All other garments are channeled by TEXAID to their next life cycle.

Source:

TEXAID Textilverwertungs-AG

Freudenberg: Sustainable microfiber solution for artificial leather applications (c) Freudenberg Performance Materials Holding GmbH
Evolon® sustainable microfiber coating substrate for artificial leather
19.07.2023

Freudenberg: Sustainable microfiber solution for artificial leather applications

Freudenberg Performance Materials (Freudenberg) will be presenting new applications for its European environmentally-friendly Evolon® microfiber technology for Fall/Winter 24/25 fashion and leather goods collections at Lineapelle, from September 19-21. These include solutions for artificial leather applications suitable for the shoe, furniture and automotive industries.

Freudenberg Performance Materials (Freudenberg) will be presenting new applications for its European environmentally-friendly Evolon® microfiber technology for Fall/Winter 24/25 fashion and leather goods collections at Lineapelle, from September 19-21. These include solutions for artificial leather applications suitable for the shoe, furniture and automotive industries.

Evolon® sustainable microfiber coating substrates
Evolon® microfiber fabrics are ideal coating substrates for artificial leather applications in the shoe, furniture and car industries. They are particularly suitable as a carrier material for PU and PVC coatings. Evolon® microfiber materials have non-fraying edges, which makes converting easier and quicker. They contain 80% recycled PET from Freudenberg’s in-house bottle recycling plant. Furthermore, they are manufactured with no solvent and no chemical binder in the company’s Evolon® plant located in Colmar, France. The plant is accredited according to OEKO-TEX STeP sustainability manufacturing certification and the DETOX TO ZERO criteria. European manufacturing offers logistic benefits to European customers through shorter supply chain and transport routes.

Reinforcement material for leather goods
Manufacturers of leather goods also benefit from Evolon® microfiber when they use it as a reinforcement material for original leather. It is drapable and soft and provides optimal shaping support for leather. In addition, Evolon® materials offer important sustainability advantages for the manufacturing of luxury leather bags, such as being 100% made in Europe, eco-friendly and socially-responsible production, and the use of recycled raw materials.

Source:

Freudenberg Performance Materials Holding GmbH

12.07.2023

SHIMA SEIKI to exhibit at Tech Fashion shows in Brazil

SHIMA SEIKI MFG., LTD., together with its Brazilian representative BRASTEMA TECNOLOGIA TÊXTIL LTDA., will host the Tech Fashion shows, a series of private exhibitions held at two locations in Brazil in July and August. The exhibitions will be a showcase for the company’s latest computerized flat knitting technology, presented through fashion shows, machine exhibits and the latest knit samples featured at ITMA 2023. The event is organized by the Fashion Committee of Fitemavest, consultants to Brazil's fashion market, and will feature presentations by CS DESIGN STUDIO designer Cecilia Seibel.

Technological displays include a full lineup of SHIMA SEIKI flat knitting machines, ranging from the MACH2XS WHOLEGARMENT® knitting machine to N.SVR122 computerized shaping machine, as well as the SFG-I fully automated glove knitting machine. Exhibited machines vary between locations. Details are given below under ‘Exhibited Technology.’

SHIMA SEIKI MFG., LTD., together with its Brazilian representative BRASTEMA TECNOLOGIA TÊXTIL LTDA., will host the Tech Fashion shows, a series of private exhibitions held at two locations in Brazil in July and August. The exhibitions will be a showcase for the company’s latest computerized flat knitting technology, presented through fashion shows, machine exhibits and the latest knit samples featured at ITMA 2023. The event is organized by the Fashion Committee of Fitemavest, consultants to Brazil's fashion market, and will feature presentations by CS DESIGN STUDIO designer Cecilia Seibel.

Technological displays include a full lineup of SHIMA SEIKI flat knitting machines, ranging from the MACH2XS WHOLEGARMENT® knitting machine to N.SVR122 computerized shaping machine, as well as the SFG-I fully automated glove knitting machine. Exhibited machines vary between locations. Details are given below under ‘Exhibited Technology.’

The potential of each of these knitting machines are maximized in combination with the SDS®-ONE APEX4 3D design system and APEXFiz® design software. At the core of the company’s "Total Fashion System" concept, SDS®-ONE APEX4 and APEXFiz® provide comprehensive support throughout the apparel supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design to production and even sales promotion. Especially effective is their capability to improve on the design and evaluation process with virtual sampling. Ultra-realistic simulation capability on SDS®-ONE APEX4 and APEXFiz® allows virtual sampling to minimize the amount of time, cost and material spent during the sample-making process

The fashion show will feature the newest creations in WHOLEGARMENT® and other knitwear.

Source:

SHIMA SEIKI MFG., LTD.

Archroma and swatchbook collaborate to deliver digital colors to fashion designers Photo: Archroma
07.07.2023

Archroma and swatchbook collaborate to deliver digital colors to fashion designers

Archroma is bringing the entire portfolio of 5,760 Archroma Color Atlas colors to swatchbook, a platform for material digitalization and sourcing.

The new partnership provides fashion, apparel and textile designers and manufacturers with an elevated standard for color accuracy that meets the needs of today’s increasingly technology-driven and integrated supply chain. This will help the textile and fashion community to improve sustainability, whilst lowering costs and shortening turnaround times.

The Color Atlas by Archroma® was launched in 2016 to provide fashion designers and stylists with off-the-shelf color inspiration that can be implemented in production with just a few clicks.

Designers will use the 5,760 Archroma Color Atlas colors on swatchbook to rapidly develop accurate digital colorways and visualize their final product. They can then share these digital swatches with their manufacturing partners, providing access to the swatchbook metadata, which can include information such as the materials’ composition, weight and color.

Archroma is bringing the entire portfolio of 5,760 Archroma Color Atlas colors to swatchbook, a platform for material digitalization and sourcing.

The new partnership provides fashion, apparel and textile designers and manufacturers with an elevated standard for color accuracy that meets the needs of today’s increasingly technology-driven and integrated supply chain. This will help the textile and fashion community to improve sustainability, whilst lowering costs and shortening turnaround times.

The Color Atlas by Archroma® was launched in 2016 to provide fashion designers and stylists with off-the-shelf color inspiration that can be implemented in production with just a few clicks.

Designers will use the 5,760 Archroma Color Atlas colors on swatchbook to rapidly develop accurate digital colorways and visualize their final product. They can then share these digital swatches with their manufacturing partners, providing access to the swatchbook metadata, which can include information such as the materials’ composition, weight and color.

This will streamline the overall design and production process for color-critical fashion and textile products, allowing for faster turnaround. Digital materials supported by trusted coloration technology also reduce the need for samples and eliminate physical swatchbooks, bringing environmental benefits and lower costs to brands and suppliers.

All 5,760 Color Atlas by Archroma® colors are now available free of charge to subscribers on the swatchbook platform.

Tatham: ‘Field to Fibre’ service for industrial hemp fibre production Photo: BTMA / Tatham
Tatham director Tim Porritt
07.07.2023

Tatham: ‘Field to Fibre’ service for industrial hemp fibre production

BTMA member Tatham has just delivered an advanced industrial hemp processing line to a major customer in Turkey and had many fruitful discussions about its machinery for the processing of natural staple fibres at the recent ITMA 2023 held in Milan from June 8-14.

The Bradford, UK-based company continues to equip mills around the world with staple fibre spinning and nonwoven technologies for manufacturing a wide range of products, while its TS system for drives and controls is suitable for retrofitting to all OEM textile machines, to provide user-friendly control systems with complete synchronisation and significant energy savings.

“We are currently fielding a lot of enquiries for technologies for the decortication, fibre opening and fabric forming of hemp,” said Tatham director Tim Porritt. “This is being driven by the sustainability of the fibre and concerns over climate change as brands seek solutions to meet their sustainability goals. As a result, there has been an explosion in the interest in hemp production, from farmers through to fibre production, and a wide range of new potential end-uses are being explored.”

BTMA member Tatham has just delivered an advanced industrial hemp processing line to a major customer in Turkey and had many fruitful discussions about its machinery for the processing of natural staple fibres at the recent ITMA 2023 held in Milan from June 8-14.

The Bradford, UK-based company continues to equip mills around the world with staple fibre spinning and nonwoven technologies for manufacturing a wide range of products, while its TS system for drives and controls is suitable for retrofitting to all OEM textile machines, to provide user-friendly control systems with complete synchronisation and significant energy savings.

“We are currently fielding a lot of enquiries for technologies for the decortication, fibre opening and fabric forming of hemp,” said Tatham director Tim Porritt. “This is being driven by the sustainability of the fibre and concerns over climate change as brands seek solutions to meet their sustainability goals. As a result, there has been an explosion in the interest in hemp production, from farmers through to fibre production, and a wide range of new potential end-uses are being explored.”

Tatham offers a complete ‘Field to Fibre’ service for industrial hemp fibre production and its decortication and cleaning process has a gentle opening action to maintain the fibre length, to make it suitable for subsequent processing.

Monforts: Solid Success at ITMA 2023 Photo: Monforts / AWOL Media
07.07.2023

Monforts: Solid Success at ITMA 2023

Finishing machinery specialist Monforts has secured a number of major orders from textile manufacturers in Central and South America recently, and was pleased to welcome a high number of visitors from the region to its stand at ITMA 2023 in Milan from June 8-14.

Among new orders are those for three Montex stenters delivered to the AustralTex Group in Argentina and a further Montex range to denim manufacturer CIT in Brazil. Guatemala’s Global Textiles placed an order for its second Montex stenter, while Mexico’s Zentrix ordered its third and Avante, also in Mexico, has opted for its sixth.

Elsewhere, orders have also been placed for the delivery of three new Montex stenters to one of Pakistan’s major corporations, as well as a new Thermex dyeing range to nonwovens manaufacturer Orsa in Italy. Further orders – both for new machines and retrofit modules – are now anticipated following ITMA 2023, which attracted over 111,000 visitors to Milan.

Finishing machinery specialist Monforts has secured a number of major orders from textile manufacturers in Central and South America recently, and was pleased to welcome a high number of visitors from the region to its stand at ITMA 2023 in Milan from June 8-14.

Among new orders are those for three Montex stenters delivered to the AustralTex Group in Argentina and a further Montex range to denim manufacturer CIT in Brazil. Guatemala’s Global Textiles placed an order for its second Montex stenter, while Mexico’s Zentrix ordered its third and Avante, also in Mexico, has opted for its sixth.

Elsewhere, orders have also been placed for the delivery of three new Montex stenters to one of Pakistan’s major corporations, as well as a new Thermex dyeing range to nonwovens manaufacturer Orsa in Italy. Further orders – both for new machines and retrofit modules – are now anticipated following ITMA 2023, which attracted over 111,000 visitors to Milan.

“Visitor footfall at ITMA 2023 was well beyond the company’s expectations, and we were especially pleased at the constant number of visitors from South American companies, as well as from Asia and Europe,” said Monforts Marketing Manager Nicole Croonenbroek. “We were able to provide them with detailed information about our portfolio of machines and technologies digitally and fielded an unprecedented number of serious enquiries, many of which promise to turn into new business.”

Monforts Montex stenters for processes such as drying, stretching, heat-setting and coating, she added, are already the industry standard for the fabric finishing industry, providing a number of advantages in terms of production throughput and especially in energy efficiency and resource savings. Other key technologies in the Monforts portfolio include relaxation dryers, Thermex dyeing ranges and Monfortex compressive shrinking ranges.

Montex®Coat
“We were also very pleased with the interest in the Montex®Coat, the latest addition to our range of technologies, which we displayed in Milan,” Croonenbroek said.

The Montex®Coat can serve a very diverse number of markets and enables full PVC coatings, pigment dyeing or minimal application surface and low penetration treatments, as well as solvent coatings. Knife coating, roller coating or screen printing can also all be accommodated with this system. It provides the ultimate in flexibility and the ability to switch quickly from one fabric run to the next, without compromising on the economical use of energy or raw materials.

Many refinements have been made to the Montex®Coat in the past few years, resulting in higher coating accuracy and the resulting quality of the treated fabrics. A number of advanced new improvements were introduced in Milan, including automatic edge limiters for immediately adapting to new coating widths and a new and simplified hand-held control device. These save considerable time in setting up the machine and ensuring consistent production.

The Montex®Coat unit displayed in Milan was sold to Vietnamese company Thai Tuan during the show.

Source:

A. Monforts Textilmaschinen GmbH & Co. KG

Groz-Beckert: Over 7,000 customers and business partners at its ITMA 2023 booth (c) Groz-Beckert KG
07.07.2023

Groz-Beckert: Over 7,000 customers and business partners at its ITMA 2023 booth

From June 8 to 14, 2023, the leading international trade fair for textile machinery manufacturing ITMA took place in Milan, Italy. In total, over 111,000 guests visited the trade fair. Groz-Beckert was able to present its innovations to more than 7,000 customers and business partners, as well as welcoming many other visitors to its booth – including over 280 students.

An international audience gathered at the Groz-Beckert booth: guests came from 84 different countries. The majority of visitors came from Italy with just under 15 percent, followed by Germany with 14 percent, Turkey with 11 percent, India with 9 percent and the USA with 3 percent. For the first time, HR specialists were on hand at the Groz-Beckert booth to look after the student groups, offering the young people comprehensive insights together with experts from the Technology and Development Center (TEZ).

From June 8 to 14, 2023, the leading international trade fair for textile machinery manufacturing ITMA took place in Milan, Italy. In total, over 111,000 guests visited the trade fair. Groz-Beckert was able to present its innovations to more than 7,000 customers and business partners, as well as welcoming many other visitors to its booth – including over 280 students.

An international audience gathered at the Groz-Beckert booth: guests came from 84 different countries. The majority of visitors came from Italy with just under 15 percent, followed by Germany with 14 percent, Turkey with 11 percent, India with 9 percent and the USA with 3 percent. For the first time, HR specialists were on hand at the Groz-Beckert booth to look after the student groups, offering the young people comprehensive insights together with experts from the Technology and Development Center (TEZ).

Groz-Beckert presented numerous innovations from its six product divisions Knitting, Weaving, Felting, Tufting, Carding and Sewing at the ITMA. One focus of the innovations was on the topics of efficiency, process stability and sustainability. While the topic of sustainability was reflected in the products on the one hand, a separate area in the Groz-Beckert Gallery was dedicated to the topic on the other. Here it was shown what contribution Groz-Beckert is making to making its own productions and its sites sustainable.

Source:

Groz-Beckert KG

RadiciGroup at Phygital Sustainability Expo photo: Phygital Sustainability Expo/RadiciGroup
07.07.2023

RadiciGroup at Phygital Sustainability Expo presenting Biofeel® eleven

RadiciGroup took part in the Phygital Sustainability Expo, this year in its fourth edition, which was held in Rome on 5 and 6 July. This event is entirely dedicated to the ecological transition of fashion and design brands through technological innovation. The show is an important platform for discussion on sustainable transition issues, involving Italian and international brands, fashion tech start-ups, representatives from the institutional, business and educational fields, and consumers.

RadiciGroup took part in the Phygital Sustainability Expo, this year in its fourth edition, which was held in Rome on 5 and 6 July. This event is entirely dedicated to the ecological transition of fashion and design brands through technological innovation. The show is an important platform for discussion on sustainable transition issues, involving Italian and international brands, fashion tech start-ups, representatives from the institutional, business and educational fields, and consumers.

RadiciGroup's participation in the event was further evidence of the Group's commitment to making a contribution to sustainability and circularity in the fashion and textile industry, in collaboration with all the other players in the supply chain. During the narrated fashion show, held on the evening of Wednesday, 5 July, in the evocative archaeological complex of the Imperial Forum Museum, RadiciGroup presented a maxi dress made of Biofeel® eleven, a yarn of completely natural origin featuring high technical, aesthetic and environmental performance. This yarn is produced starting from a small bean cultivated in India on semi-arid land and thus does not compete with human food production. These beans yield a special oil ideal for obtaining biopolymers, such as the one produced by Arkema and spun into yarn at RadiciGroup in Italy.

The dress is not only made from a low environmental impact raw material, but is also an example of ecodesign: the garment was realized on a Shima Seiki WholeGarment knitting machine, where the entire item was knit directly from spools of Biofeel® eleven yarn, bypassing the traditional stages of weaving and tailoring. It is a zero-waste process, as only the quantity of yarn strictly needed for the garment is used.

Biofeel® eleven yarn endows the dress with unique characteristics, including low moisture absorption, greater lightness and high resistance and durability. Besides being 100% biobased, the yarn is also 100% recyclable because it is made of a mono-material polymer, which facilitates its end-of-life recycling and processing into new materials suitable for any application requiring high performance.