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09.05.2025

Lenzing with significant revenue and earnings growth in 1st quarter 2025

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.

Revenue grew by 4.8 percent year-on-year to EUR 690.2 mn in the first quarter of 2025. The operating earnings trend largely reflected the positive effects of the performance program. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 118.8 percent year-on-year to EUR 156.1 mn. This also includes positive special effects from the sale of EUR 25.5 mn surplus EU emission certificates and the change in the fair value of biological assets in the amount of EUR 9.2 mn. The EBITDA margin in-creased from 10.8 percent to 22.6 percent. The operating result (EBIT) amounted to EUR 74.3 mn (compared with EUR 1.5 mn in the first quarter of 2024) and the EBIT margin amounted to 10.8 percent (compared with 0.2 percent in the first quarter of 2024). Earnings before tax (EBT) amounted to EUR 35.1 mn (compared with minus EUR 17.8 mn in the first quarter of 2024). The result after tax also improved significantly and was positive again for the first time since the third quarter of 2022 at EUR 31.7 mn (compared with minus EUR 26.9 mn in the first quarter of 2024).

The Lenzing Group’s performance program is designed holistically with the overarching objective of significantly increasing long-term resilience to crises and greater agility in the face of market changes. The program initiatives are primarily aimed at improving EBITDA and at generating free cash flow through enhanced profitability, as well as sustainable cost excellence. Extensive actions are being undertaken to strengthen sales activities, such as the acquisition of new customers for the most important fiber types as well as expansion in previously smaller markets, which are exerting a positive impact in terms of revenue. The Managing Board also anticipates significant cost savings. Savings of over EUR 130 mn were already realized in the 2024 financial year. From the current financial year onwards, Lenzing is aiming for recurring annual cost savings of over EUR 180 mn.

Outlook
The IMF has significantly downgraded its growth forecasts for both this year and next to 2.8 percent and 3.0 percent respectively. The escalation of international trade conflicts and the risk of inflation returning are seen as major threats to global growth.

In times of uncertainty and high living costs, consumers can be expected to remain cautious and thrifty, with negative effects on consumer sentiment and their willingness to spend.

The currency environment is expected to remain volatile in regions relevant to Lenzing.

In the trend-setting market for cotton, analysts expect a slight increase in stocks to around 18.8 mn tonnes in the current 2024/2025 harvest season, according to preliminary estimates.

Lenzing will continue to consistently implement its performance program and expects to leverage further cost potentials and further improve its revenue and margin generation.

Having weighed the aforementioned factors, the Lenzing Group confirms its guidance for the 2025 financial year of year-on-year higher EBITDA.

However, the current tariff dispute and the high level of uncertainty associated with it are dampening expectations and further limiting the visibility of earnings.

In structural terms, Lenzing continues to expect growth in demand for environmentally responsible fibers for the textile and apparel industry, as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its strategy and is driving ahead with not only profitable growth in specialty fibers but also the further expansion of its market leadership in the sustainability area.

Source:

Lenzing AG

09.05.2025

The 2025 IDEA® and FiltXPO™ Award Winners

The winners of the 2025 IDEA® Achievement Awards and FiltXPO™ Innovation Awards were announced during special ceremonies held April 29 and 30 at the Miami Beach Convention Center in Miami Beach, Florida. Presented at the co-located IDEA®25 and FiltXPO™ 2025 events, the awards celebrate outstanding innovations driving progress in nonwovens and filtration. INDA, the Association of the Nonwoven Fabrics Industry, collaborated with International Filtration News for the FiltXPO™ Awards and Nonwovens Industry magazine for the IDEA® Achievement Awards.

IDEA® Equipment Achievement Award
Dilo Systems GmbH – MicroPunch
The rising energy costs and water shortages have led to a re-evaluation of production methods, with a stronger focus on environmental impact. With MicroPunch, it is possible to reduce energy consumption by approximately 75 percent compared with other consolidation techniques that produce lightweight nonwovens. This technology enhances efficiency and reduces the manufacturing costs and the environmental footprint.

The winners of the 2025 IDEA® Achievement Awards and FiltXPO™ Innovation Awards were announced during special ceremonies held April 29 and 30 at the Miami Beach Convention Center in Miami Beach, Florida. Presented at the co-located IDEA®25 and FiltXPO™ 2025 events, the awards celebrate outstanding innovations driving progress in nonwovens and filtration. INDA, the Association of the Nonwoven Fabrics Industry, collaborated with International Filtration News for the FiltXPO™ Awards and Nonwovens Industry magazine for the IDEA® Achievement Awards.

IDEA® Equipment Achievement Award
Dilo Systems GmbH – MicroPunch
The rising energy costs and water shortages have led to a re-evaluation of production methods, with a stronger focus on environmental impact. With MicroPunch, it is possible to reduce energy consumption by approximately 75 percent compared with other consolidation techniques that produce lightweight nonwovens. This technology enhances efficiency and reduces the manufacturing costs and the environmental footprint.

IDEA® Nonwoven Products Achievement Award
Innovatec Microfibre Technology GmbH & Co. KG – InnovaWipe® Water-Soluble Nonwoven

This water-soluble nonwoven is completely biodegradable under both aerobic and anaerobic conditions. It offers excellent resistance to oils, greases and chemicals. It does not leave any microplastics behind, breaking down into carbon dioxide, water and biomass. It also has no ecotoxic effects, is safe for the marine environment and does not cause fatbergs or blockages in wastewater systems – flushable and home compostable.

IDEA® Raw Materials Achievement Award
Woolchemy NZ Ltd. – neweFibre

Woolchemy’s neweFibre is the world’s first hygiene-grade wool, engineered for high-performance, sustainable hygiene products. This fully traceable, renewable fiber enhances moisture management, thermal comfort, and odor control. Seamlessly integrating into production, neweFibre powers innovations like neweFlex ADL for exceptional fluid distribution and skin dryness.

IDEA® Short-life Achievement Award
Egal Pads, Inc. – Egal™ Pads on a Roll

At Egal, we believe pads should be as common as toilet paper.  Our vision is that “pads on a roll” will be put in every toilet stall – where they are needed most – to ensure privacy and dignity to all who menstruate.  Egal pads are manufactured in roll form, 40 individually wrapped on each roll, so they can be mounted on existing toilet paper dispensers or in Egal’s custom-designed dispensers.

IDEA® Long-life Achievement Award
Magnera – Sontara® EcoRE Bag

EcoRE bags are produced entirely from cellulosic fibers, presenting a sustainable alternative to traditional synthetic materials. Made with Sontara fabric certified by OK compost HOME, these bags maintain their durability and strength without the need for added binders, addressing a common concern with compostable goods. With plastic bag bans now in place in many states, Sontara offers a timely and eco-friendly solution for the retail and shopping market.

IDEA® Sustainability Advancement Award
KINDCLOTH™ – PURA HEALTH Insect Repellent – Water Dissolvable Wipes

This wet wipe combines water-dissolvable Hydropol™ technology with a natural formula featuring lemongrass and citronella. Designed for eco-conscious consumers, this innovative wipe provides effective insect protection while leaving no waste behind. Certified biodegradable, flushable, and designed not to create harmful microplastics, it safeguards fragile ecosystems and supports sustainability goals.

IDEA® Entrepreneur Award
Dude Products, Inc.

In less than a decade, the Dude Wipes brand has grown from an entrepreneurial concept conceived in a bachelor’s post-college apartment to a more than $200 million global brand. These flushable wipes have flourished in flushable wipes industry, successfully going head to head against multinational consumer product companies Kimberly-Clark, S.C. Johnson, and Procter & Gamble.

FiltXPO Air/Gas Filtration Award
Greentech Environmental LLC – Greentech Filters with ODOGard®

ODOGard® technology deeply integrates odor-neutralizing polymers into nonwoven and nanofiber filters, offering an innovative, non-toxic approach to indoor air quality. ODOGard® significantly enhances filtration durability and performance.

FiltXPO Water/Liquid Filtration Award
Ahlstrom – BioProtect™

Ahlstrom’s sustainable BioProtect™ material offers superior dye-catching performance for laundry applications. Manufactured from 100 percent naturally derived fibers and OC-Biobinder®, BioProtect™ is both biobased and home compostable, combining premium performance with environmental responsibility.

FiltXPO Filtration Equipment Award
Filtration Advice Inc. – FA-TCO Software

This cutting-edge software provides comprehensive Total Cost of Ownership (TCO) analysis and predictive modeling for air filtration systems. FA-TCO enables data-driven decisions, extending filter lifespans, reducing operational costs, and enhancing overall sustainability in filtration management.

Source:

INDA

30.04.2025

New strategic partnership between DiloGroup and Kansan

Dilo Systems GmbH, a Germany-based manufacturer specializing in complete nonwoven lines, and Kansan Group, a Turkish manufacturer specializing in nonwoven converting lines, end-of-line solutions, and Wetlaid Nonwoven machinery, have signed a strategic partnership agreement to supply custom nonwoven lines. As part of this partnership, comprehensive solutions will be offered by integrating fiber preparation and carding equipment, wetlaid, hydroentanglement and needling lines, as well as converting and end-of-line equipment. Engineering work will be carried out by Dilo Systems GmbH as the main contractor.

Dilo Systems GmbH, a Germany-based manufacturer specializing in complete nonwoven lines, and Kansan Group, a Turkish manufacturer specializing in nonwoven converting lines, end-of-line solutions, and Wetlaid Nonwoven machinery, have signed a strategic partnership agreement to supply custom nonwoven lines. As part of this partnership, comprehensive solutions will be offered by integrating fiber preparation and carding equipment, wetlaid, hydroentanglement and needling lines, as well as converting and end-of-line equipment. Engineering work will be carried out by Dilo Systems GmbH as the main contractor.

The collaboration primarily focuses on specialized nonwoven markets, particularly for hygiene, medical, and technical applications. The production of specialized nonwovens consisting of short and long staple fiber layers is the goal. These nonwovens are typically made from cellulose pulp and carded materials. In hygiene and medical applications, short-cut cellulose materials play a critical role in absorbing and retaining liquids. When the fiber length drops below 12 mm, the faster flushability of cellulose material offers a significant advantage in terms of waste management.

Wetlaid pulp can be hydrodynamically shaped using headbox technology (flowlip, inclined wire), which can be designed according to demand.

Wetlaid products can be further processed with carded web layers and hydroentanglement, integrating into different production processes.

Kansan Materials has successfully established a production line capable of processing hybrid raw materials developed based on the latest hydrodynamic simulation calculations. This line is equipped with advanced software technologies that assist operators in managing production processes in a fully automated, computer-supported mode.

As the main contractor, Dilo Systems GmbH aims to enhance the efficiency of nonwoven production for the hygiene and medical sectors by integrating Kansan’s wet wipe converting lines and end-of-line equipment. In this scope, the integration of materials produced with Dilo’s “CycloPunch” and “MicroPunch” needling machines into Kansan’s wet wipe converting lines is planned. Kansan is a strong partner in this field, with its expertise and leading position in the industry.

This joint development process and marketing efforts lay an excellent foundation for offering complete lines that can produce carded and needle-punched, carded and hydroentangled, carded and wetlaid nonwovens, as well as combinations of these techniques.

With a vision of offering innovative and sustainable solutions in the nonwoven sector, this partnership aims to increase production efficiency while minimizing environmental impact. Dilo Systems GmbH and Kansan’s technical expertise provides faster, cost-effective production processes tailored to customer needs. Furthermore, solutions have been developed in line with sustainability goals, such as energy efficiency and the use of recyclable materials. This collaboration is designed to create new opportunities in global markets, particularly in the hygiene, medical, and technical sectors, while expanding our reach to a broader customer base.

Source:

Dilo Systems GmbH

02.04.2025

Ontex completes divestment of its Brazilian business to Softys

Ontex Group NV, a leading international developer and producer of personal care products, announces that it has completed the divestment of its Brazilian business activities to Softys S.A., a personal hygiene company with operations across Latin America and a wholly-owned subsidiary of Empresas CMPC S.A., headquartered in Chile.

The transaction includes Ontex’s business in Brazil and its manufacturing facility in Senador Canedo in the State of Goiás. The business develops, manufactures, commercializes and distributes diapers and pants for the baby care market under the PomPom, Cremer, Sapeka and Turma da Mônica brands, as well as for the adult care market under the Bigfral brand. It employs approximately 1,400 employees.

Ontex Group NV, a leading international developer and producer of personal care products, announces that it has completed the divestment of its Brazilian business activities to Softys S.A., a personal hygiene company with operations across Latin America and a wholly-owned subsidiary of Empresas CMPC S.A., headquartered in Chile.

The transaction includes Ontex’s business in Brazil and its manufacturing facility in Senador Canedo in the State of Goiás. The business develops, manufactures, commercializes and distributes diapers and pants for the baby care market under the PomPom, Cremer, Sapeka and Turma da Mônica brands, as well as for the adult care market under the Bigfral brand. It employs approximately 1,400 employees.

Gustavo Calvo Paz, CEO of Ontex, said: “Reaching this milestone allows us to focus further on our retailer brands and healthcare in Europe and North America, where we have significant growth drivers for the future. Moreover, the proceeds from the sale will further reduce our indebtedness, putting us in an even stronger position to further execute our transformation. I am convinced that Softys is well placed to take the business forward, enabled by the talent and expertise of our teams.“

Aggregate net cash proceeds received at closing, net of cash/debt disposed, are €81 million, after the impact of tax-related and transaction costs, hedging expenses, as well as provisional balance sheet adjustments. On top of this amount, €18 million* will be put in escrow at closing.  The divestment proceeds will be used to reduce Ontex’s outstanding gross financial debt further.

More information:
Ontex Group NV
Source:

Ontex Group NV

14.03.2025

Lenzing Group continued recovery course in 2024

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, continued to improve its business performance in 2024 despite the expected slow market recovery. While Lenzing was able to significantly increase its sales volumes, the price level remained below that of the previous year. Logistics costs have risen significantly, and raw material and energy costs also remained high.

Revenue grew by 5.7 percent year-on-year to EUR 2.66 bn in 2024, mainly reflecting a higher level of revenue generated from fibers (+10 percent). The positive effects of the holistic performance program were the main factor driving the operating earnings trend. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 30.4 percent year-on-year to EUR 395.4 mn in 2024. The EBITDA margin increased from 12.0 percent to 14.8 percent. The operating result (EBIT) amounted to EUR 88.5 mn (compared with minus EUR 476.4 mn in 2023) and the EBIT margin stood at 3.3 percent (compared with minus 18.9 percent in 2023). The result before tax (EBT) amounted to minus EUR 42.0 mn (compared with minus EUR 585.6 mn in 2023).

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, continued to improve its business performance in 2024 despite the expected slow market recovery. While Lenzing was able to significantly increase its sales volumes, the price level remained below that of the previous year. Logistics costs have risen significantly, and raw material and energy costs also remained high.

Revenue grew by 5.7 percent year-on-year to EUR 2.66 bn in 2024, mainly reflecting a higher level of revenue generated from fibers (+10 percent). The positive effects of the holistic performance program were the main factor driving the operating earnings trend. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 30.4 percent year-on-year to EUR 395.4 mn in 2024. The EBITDA margin increased from 12.0 percent to 14.8 percent. The operating result (EBIT) amounted to EUR 88.5 mn (compared with minus EUR 476.4 mn in 2023) and the EBIT margin stood at 3.3 percent (compared with minus 18.9 percent in 2023). The result before tax (EBT) amounted to minus EUR 42.0 mn (compared with minus EUR 585.6 mn in 2023).

Outlook
The IMF recently slightly upgraded its growth forecast for 2025 to 3.3 percent, but emphasizes the continued high extent of variation between regions as well as the high level of uncertainty. The latter is mainly due to geopolitical tensions, increasing protectionist tendencies, and a potential return of inflation.

In times of uncertainty, consumers are remaining cautious and thrifty, which is exerting a negative impact on consumer sentiment and on their propensity to spend.

The currency environment is expected to remain volatile in the regions relevant to Lenzing.

In the trend-setting market for cotton, analysts anticipate a slight increase of stock levels to around 18.7 mn tonnes in the current 2024/2025 harvest season, following a reduction of 0.9 mn tonnes in the previous season, according to preliminary estimates.
Earnings visibility remains limited overall.

Lenzing is still ahead of schedule with the implementation of the performance program. The company expects that the measures will also contribute to further earnings improvement in the coming quarters.

Taking the aforementioned factors into consideration, the Lenzing Group expects EBITDA to be higher in 2025 than in the previous year.
In structural terms, Lenzing continues to expect growth in demand for environmentally responsible fibers for the textile and apparel industry, as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its strategy and is driving ahead with not only profitable growth in specialty fibers but also the further expansion of its market leadership in the sustainability area.

More information:
Lenzing AG financial year 2024
Source:

Lenzing AG

needle-punched fabrics Photo (c) Beaulieu International Group
12.03.2025

Beaulieu Fibres International at IDEA25: High in performance and sustainability

Beaulieu Fibres International is exhibiting its next-generation sustainable fibre solutions for high performance nonwovens in various industries at IDEA25 in Miami Beach end of April.

“IDEA25 is at the intersection of nonwoven materials and sustainability, with a focus on innovation and research to address environmental challenges and new opportunities. With our Sustainable Fibres Program, we offer low carbon, recyclable and circular solutions where performance and sustainability go hand in hand, bringing value in co-design and TCO performance,” said Maria Teresa Tomaselli, General Manager, Beaulieu Fibres International.

Self-reinforced PP fibres for fully recyclable automotive composites
The company will be presenting its comprehensive range of polypropylene (PP) bonding fibres designed for thermoplastic lightweight composites and automotive interior fabrics. These fibres assist car manufacturers and OEMs in meeting stringent performance, cost-efficiency, and sustainability standards. Beaulieu’s PP fibres are engineered to enhance the mechanical, thermal, and functional properties of composites while reducing vehicle weight.

Beaulieu Fibres International is exhibiting its next-generation sustainable fibre solutions for high performance nonwovens in various industries at IDEA25 in Miami Beach end of April.

“IDEA25 is at the intersection of nonwoven materials and sustainability, with a focus on innovation and research to address environmental challenges and new opportunities. With our Sustainable Fibres Program, we offer low carbon, recyclable and circular solutions where performance and sustainability go hand in hand, bringing value in co-design and TCO performance,” said Maria Teresa Tomaselli, General Manager, Beaulieu Fibres International.

Self-reinforced PP fibres for fully recyclable automotive composites
The company will be presenting its comprehensive range of polypropylene (PP) bonding fibres designed for thermoplastic lightweight composites and automotive interior fabrics. These fibres assist car manufacturers and OEMs in meeting stringent performance, cost-efficiency, and sustainability standards. Beaulieu’s PP fibres are engineered to enhance the mechanical, thermal, and functional properties of composites while reducing vehicle weight.

Fibres for high performance liquid and air filtration
Beaulieu has set new performance standards for the fast-growing air and liquid filtration industry rolling out its full range of MONO and BICO fine-medium count fibres, as an outcome of its investment into R&D efforts to promote staple fibres in the field of high efficiency filtration.

In addition to its existing portfolio of PP fibres for liquid filtration, compliant with FDA and European food contact regulations, Beaulieu is launching a new bicomponent fibre range in PET/PE, PP/PE for high loft filtration media and fine count mono PP fibres for tribo-electric charged air filter media.

The fine count mono fibres are customized according to the line specifics of the nonwoven producer and guarantee up to 20% higher filtration efficiencies for nonwovens in combination with state-of-the-art acrylic counter fibre compared to standard PP fibres used in this application. Typical applications are air handling units in larger buildings and residential furnaces.

Premium outdoor PP fibres for resilient, weather-resistant crop protection solutions
Engineered for superior mechanical strength and resistance to environmental stress factors, these fibres enhance durability in needle-punched fabrics, ensuring long-lasting protection in the field. Their advanced UV stabilization prevents degradation from prolonged sun exposure, extending the lifespan of crop covers, while their hydrophobic properties repel water, reducing moisture-related damage and maintaining breathability.

Ultrabond, design for recycling
Discover UltraBond innovative bonding staple fibres that replace the need for chemical binders. They open a path to create 100% polypropylene (PP) needlepunched fabrics which meet the same performance requirements as traditional constructions, while reducing end-of-life environmental impact.

The 100% polyolefin-based needlepunched fabrics are fully recyclable, reducing waste generation and creating high value PP recycled products as new materials. Furthermore, the sustainable fabrics are produced with an improved Total Cost of Ownership and with a significant ecological footprint reduction.

Beaulieu strengthening its position in the hygiene market
With a full portfolio already serving the hygiene sector, Beaulieu is focusing on next-generation speciality bicomponent solutions designed to enhance softness, processability, and sustainability in absorbent hygiene products.

Hypersoft fibres are specifically engineered for topsheet applications in direct contact with the skin: 25% improvement in softness compared to standard reference fibres while maintaining optimal processability has been achieved.

Meralux is a bicomponent trilobal fibre that improves nonwoven materials by providing better opacity, comfort, and absorption. It also promotes sustainability by saving raw materials and reducing carbon emissions by up to 60%.

Source:

Beaulieu International Group

Ontex Segovia Plant Photo (c) Ontex
Ontex Segovia Plant
05.03.2025

Ontex: New R&D center and increased manufacturing capabilities in Spain

Ontex Group NV, a leading international developer and producer of personal care solutions, has opened its new R&D center in Segovia, marking the highlight of a series of investments to expand the site’s innovation and manufacturing capabilities.

On March 5, the Segovia R&D center was officially inaugurated in the presence of D. Alfonso Fernández Mañueco (President of the Junta of Castile and León), D. José Mazarías Pérez (Mayor of Segovia), Dña. Olga Llorente Tabanera (Mayor of Valverde), D. Miguel Ángel de Vicente Martín (President of the Provincial Council of Segovia), along with other distinguished guests, industry leaders, and local officials.

Ontex’s 6th R&D center, situated within the manufacturing facility, is designed to scale innovations effectively, supporting the company’s commitment to make high-quality solutions accessible for everyone.

This state-of-the-art facility focuses on:

Ontex Group NV, a leading international developer and producer of personal care solutions, has opened its new R&D center in Segovia, marking the highlight of a series of investments to expand the site’s innovation and manufacturing capabilities.

On March 5, the Segovia R&D center was officially inaugurated in the presence of D. Alfonso Fernández Mañueco (President of the Junta of Castile and León), D. José Mazarías Pérez (Mayor of Segovia), Dña. Olga Llorente Tabanera (Mayor of Valverde), D. Miguel Ángel de Vicente Martín (President of the Provincial Council of Segovia), along with other distinguished guests, industry leaders, and local officials.

Ontex’s 6th R&D center, situated within the manufacturing facility, is designed to scale innovations effectively, supporting the company’s commitment to make high-quality solutions accessible for everyone.

This state-of-the-art facility focuses on:

  • Enhancing production efficiency to reduce time-to-market for new products.
  • Developing sustainable manufacturing processes, including the use of eco-friendly materials and lower-carbon techniques.
  • Driving smart, cost-effective and reliable product innovations to meet evolving customer needs.

As part of Ontex’s global network of innovation hubs, the Segovia R&D center joins facilities in Mayen, Germany, and Buggenhout, Belgium. This interconnected ecosystem shall allow Ontex to leverage global expertise while addressing local needs, reinforcing its position as a trusted agile partner in the personal hygiene industry.

Source:

Ontex Group NV

Determination of the bacterial penetration with the ReBa2 test device Foto: DITF
Determination of the bacterial penetration with the ReBa2 test device
08.10.2024

Cleanzone Award 2024 for new testing method for cleanroom garments

The Cleanzone, the trade fair for cleanroom and purity technology, hygiene and contamination control, took place in Frankfurt am Main on September 25 and 26, 2024. The Cleanzone Award is presented at the trade fair to recognize groundbreaking advances in innovation, automation, sustainability and efficiency in the field of cleanroom technology. This year, the award went to the German Institutes of Textile and Fiber Research Denkendorf (DITF) and the Dastex Group GmbH for the development of a test method for cleanroom garments - the ReBa2.

The Cleanzone, the trade fair for cleanroom and purity technology, hygiene and contamination control, took place in Frankfurt am Main on September 25 and 26, 2024. The Cleanzone Award is presented at the trade fair to recognize groundbreaking advances in innovation, automation, sustainability and efficiency in the field of cleanroom technology. This year, the award went to the German Institutes of Textile and Fiber Research Denkendorf (DITF) and the Dastex Group GmbH for the development of a test method for cleanroom garments - the ReBa2.

With the Realistic Bacterial Barrier (ReBa2) test method, the DITF offer a new biological method for determining the bacterial penetration for cleanroom garment textiles. Particularly in the manufacturing of sterile pharmaceuticals, bacteria, skin flakes and fiber particles that can originate from persons and their clothing pose a risk to the products manufactured in the cleanroom. Special cleanroom garments have the task of minimizing this risk. To assess the barrier function, the “bacterial penetration” is determined, among other properties. This provides information on how many bacteria from the human skin flora pass through the cleanroom garments to the outside when worn.

The ReBa2 test method largely reproduces the situation when wearing cleanroom garments and thus enables a meaningful determination of the bacterial penetration. It is also possible to consider numerous test scenarios. In addition to the influence of intermediate garments worn under the cleanroom garments, the sweating process or the pre-wetting of the cleanroom garments by liquid splashes in the manufacturing process or by disinfectants can also be tested. The method was developed at the DITF in collaboration with the Dastex Group GmbH.

02.10.2024

Ontex sells its Brazilian business to Softys

Ontex Group NV (Euronext: Ontex), international developer and producer of personal care products, announced a binding agreement to sell its Brazilian business activities to Softys S.A. for an enterprise value of BRL 671 million (or approximately €110 million*).

Softys is a personal hygiene company with operations across Latin America, that also acquired Ontex’s Mexican business activities in 2023. It is a wholly owned subsidiary of Empresas CMPC S.A., which is headquartered in Chile.

The transaction includes Ontex’s business in Brazil and its manufacturing facility in Senador Canedo in the State of Goiás. The business develops, manufactures, commercializes and distributes diapers and pants for the baby care market under the PomPom, Cremer, Sapeka and Turma da Mônica brands, as well as for the adult care market under the Bigfral brand. It has approximately 1,400 employees and contributed revenue of €97 million and adjusted EBITDA of €13 million to the Group in the first half of 2024.

Ontex Group NV (Euronext: Ontex), international developer and producer of personal care products, announced a binding agreement to sell its Brazilian business activities to Softys S.A. for an enterprise value of BRL 671 million (or approximately €110 million*).

Softys is a personal hygiene company with operations across Latin America, that also acquired Ontex’s Mexican business activities in 2023. It is a wholly owned subsidiary of Empresas CMPC S.A., which is headquartered in Chile.

The transaction includes Ontex’s business in Brazil and its manufacturing facility in Senador Canedo in the State of Goiás. The business develops, manufactures, commercializes and distributes diapers and pants for the baby care market under the PomPom, Cremer, Sapeka and Turma da Mônica brands, as well as for the adult care market under the Bigfral brand. It has approximately 1,400 employees and contributed revenue of €97 million and adjusted EBITDA of €13 million to the Group in the first half of 2024.

Subject to customary balance sheet adjustments, the net proceeds of the transaction, after deduction of tax-related payments and transaction fees, are expected to be approximately €82 million*, of which up to €18 million* will be held in escrow. The transaction will generate a net gain on disposal of approximately €39 million* and trigger the recognition of a non-cash accounting loss of approximately €(140) million* related to the accumulated currency translation reserves.

Ontex and Softys aim to close the transaction, which is subject to customary conditions, including merger clearance from the Brazilian antitrust authority, during the first half of 2025.

More information:
Ontex BV Softy's Brasilien
Source:

Ontex Group NV

02.09.2024

GOTS: #BehindTheSeams campaign with 290 brands

For the second year running, Global Standard is taking consumers #BehindTheSeams this September, highlighting the sustainable and social qualities of GOTS-certified products – from runway fashion to hygiene products and so much more in between. Building on the success of last year, #BehindTheSeams 2024 has expanded to take over the entire month, Sept. 2-30, with more education on the people and practices making sustainable textiles, plus giveaways planned each day.

Throughout September, Global Standard introduces daily giveaways on Instagram, featuring partnerships with GOTS-certified brands such as Frugi, FC St. Pauli, LangerChen, Natracare, Mandala, Dedicated, and more. Additionally, a giveaway will be hosted on behindtheseams.eco, where visitors can learn about sustainability by answering daily questions while earning entries. The grand prize is a sustainable trip to Paris. This includes train travel, a two-night stay at the eco-friendly Eden Lodge Paris and a private fitting for a custom GOTS-certified jacket by John Preston, the only brand offering made-to-measure GOTS-certified fashion.

For the second year running, Global Standard is taking consumers #BehindTheSeams this September, highlighting the sustainable and social qualities of GOTS-certified products – from runway fashion to hygiene products and so much more in between. Building on the success of last year, #BehindTheSeams 2024 has expanded to take over the entire month, Sept. 2-30, with more education on the people and practices making sustainable textiles, plus giveaways planned each day.

Throughout September, Global Standard introduces daily giveaways on Instagram, featuring partnerships with GOTS-certified brands such as Frugi, FC St. Pauli, LangerChen, Natracare, Mandala, Dedicated, and more. Additionally, a giveaway will be hosted on behindtheseams.eco, where visitors can learn about sustainability by answering daily questions while earning entries. The grand prize is a sustainable trip to Paris. This includes train travel, a two-night stay at the eco-friendly Eden Lodge Paris and a private fitting for a custom GOTS-certified jacket by John Preston, the only brand offering made-to-measure GOTS-certified fashion.

#BehindTheSeams is also spotlighting "organic in-conversion" farming and urging brands to support farmers during the critical transition period from conventional to organic. In this campaign, GOTS has partnered with the Organic Cotton Accelerator, an organisation dedicated to supporting farmers throughout the cotton supply chain as they make the shift to and sustain organic practices. Together, GOTS and OCA want to send a message that brands can bolster the organic cotton supply by investing in and buying organic in-conversion cotton.

Source:

Global Organic Textile Standard

07.08.2024

Lenzing: Improvement in Operating Result

  • Revenue up 4.8 percent year-on-year to EUR 1.31 bn in the first half of 2024
  • Performance program shows effect: EBITDA up 20.4 percent year-on-year to EUR 164.4 mn in in the first half of 2024
  • Free cash flow of EUR 141.5 mn (compared with minus EUR 165.4 mn in in the first half of 2023)
  • Lenzing confirms EBITDA guidance for 2024

The Lenzing Group reports a gradual improvement in its business performance in the first half of 2024. As expected, the recovery of the markets relevant to Lenzing proved to be sluggish. Although fiber sales volumes increased, fiber prices remained at a low level. The cost of raw materials and energy remained high. At the same time, logistics costs rose significantly in the reporting period.

Outlook
The IMF left its growth forecast for 2024 unchanged at 3.2 percent and raised it to 3.3 percent for 2025. Nevertheless, a number of risks for the global economy remain.

Forecasting future economic growth is rendered more difficult by smoldering global conflicts, trade disputes, and the uncertain outcome of elections, including the USA and the EU.

  • Revenue up 4.8 percent year-on-year to EUR 1.31 bn in the first half of 2024
  • Performance program shows effect: EBITDA up 20.4 percent year-on-year to EUR 164.4 mn in in the first half of 2024
  • Free cash flow of EUR 141.5 mn (compared with minus EUR 165.4 mn in in the first half of 2023)
  • Lenzing confirms EBITDA guidance for 2024

The Lenzing Group reports a gradual improvement in its business performance in the first half of 2024. As expected, the recovery of the markets relevant to Lenzing proved to be sluggish. Although fiber sales volumes increased, fiber prices remained at a low level. The cost of raw materials and energy remained high. At the same time, logistics costs rose significantly in the reporting period.

Outlook
The IMF left its growth forecast for 2024 unchanged at 3.2 percent and raised it to 3.3 percent for 2025. Nevertheless, a number of risks for the global economy remain.

Forecasting future economic growth is rendered more difficult by smoldering global conflicts, trade disputes, and the uncertain outcome of elections, including the USA and the EU.

Consumers are holding back on unnecessary purchases in an environment of rising prices, falling real wages in some cases, and concerns about economic growth. This is hampering a revival of the consumer apparel market, which is important for Lenzing.

The currency environment is expected to remain volatile in the regions relevant to Lenzing.

In the trend-setting market for cotton, a reduction in stock levels and a stable price trend at a low level is expected for the remainder of the 2023/2024 harvest season.

Earnings visibility remains limited overall.

Revenue and earnings in the first half of the year exceeded Lenzing’s expectations, despite the persistently difficult market. Lenzing is ahead of schedule with the implementation of its performance program. The company expects that the measures will make a greater contribution to further improving earnings in the coming quarters.

Taking the aforementioned factors into consideration, the Lenzing Group confirms its guidance for the 2024 financial year of year-on-year higher EBITDA.

Structurally, Lenzing continues to anticipate growth in demand for environmentally responsible fibers for the textile and clothing industry as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its strategy and is pushing both profitable growth with specialty fibers and the further expansion of its market leadership in the sustainability area.

Source:

Lenzing AG

10.07.2024

Devan Chemicals receives Allergy UK Accreditation

Devan Chemicals announces that its BI-OME® NTL MG technology has received the Allergy UK Seal of Approval. This recognition underscores the effectiveness of BI-OME® NTL MG in providing protection against dust mites.

Allergy UK, a leading charity dedicated to supporting people with allergies in the United Kingdom, has granted this accreditation following rigorous independent testing. The BI-OME® NTL MG technology, has been proven to be beneficial for those with allergic sensitivities to house dust mites. This has also been confirmed by an external lab according to French standard NF G 39-011.

BI-OME® NTL MG is a biobased, non-harmful anti-dust mite and antibacterial technology which guarantees optimal freshness and hygiene for all kinds of textiles, such as mattresses, mattress protectors, pillows and quilts.
It features a blend of linseed oil and margosa oil. Derived from flax seeds, linseed oil acts as an antibacterial agent, promoting sustainable freshness, while margosa oil is known for its anti-dust mite properties.

Devan Chemicals announces that its BI-OME® NTL MG technology has received the Allergy UK Seal of Approval. This recognition underscores the effectiveness of BI-OME® NTL MG in providing protection against dust mites.

Allergy UK, a leading charity dedicated to supporting people with allergies in the United Kingdom, has granted this accreditation following rigorous independent testing. The BI-OME® NTL MG technology, has been proven to be beneficial for those with allergic sensitivities to house dust mites. This has also been confirmed by an external lab according to French standard NF G 39-011.

BI-OME® NTL MG is a biobased, non-harmful anti-dust mite and antibacterial technology which guarantees optimal freshness and hygiene for all kinds of textiles, such as mattresses, mattress protectors, pillows and quilts.
It features a blend of linseed oil and margosa oil. Derived from flax seeds, linseed oil acts as an antibacterial agent, promoting sustainable freshness, while margosa oil is known for its anti-dust mite properties.

Devan’s customers will now have an opportunity to make use of the Allergy UK logo on their products that incorporate BI-OME® NTL MG technology after signing a license agreement with Allergy UK. This allows manufacturers to provide an added value to consumers seeking products that support allergy management.

Source:

Devan Chemicals NV

08.05.2024

Lenzing: Revenue and earnings growth in first quarter of 2024

  • Revenue up 5.7 percent year-on-year to EUR 658.4 million
  • EBITDA more than doubles year-on-year to EUR 71.4 million
  • Free cash flow of EUR 87.3 million (compared with minus EUR 132.3 million in the first quarter of 2023) and thereby positive for the third consecutive quarter
  • Performance program shows positive effect on revenue, EDITDA, and free cash flow
  • Lenzing confirms EBITDA guidance for 2024

The Lenzing Group, a leading supplier of regenerated cellulose for the textile and nonwovens industries, recorded a further improvement in fiber sales volumes in the first quarter of 2024. An expected recovery in markets relevant for Lenzing has to date failed to materialize. Fiber prices remained at a low level. Although the costs of raw materials and energy continued to decrease, they remained higher than in the pre-crisis 2019 year.

  • Revenue up 5.7 percent year-on-year to EUR 658.4 million
  • EBITDA more than doubles year-on-year to EUR 71.4 million
  • Free cash flow of EUR 87.3 million (compared with minus EUR 132.3 million in the first quarter of 2023) and thereby positive for the third consecutive quarter
  • Performance program shows positive effect on revenue, EDITDA, and free cash flow
  • Lenzing confirms EBITDA guidance for 2024

The Lenzing Group, a leading supplier of regenerated cellulose for the textile and nonwovens industries, recorded a further improvement in fiber sales volumes in the first quarter of 2024. An expected recovery in markets relevant for Lenzing has to date failed to materialize. Fiber prices remained at a low level. Although the costs of raw materials and energy continued to decrease, they remained higher than in the pre-crisis 2019 year.

Outlook
Even though the IMF has upgraded its growth forecast for 2024 from 3.1 percent to 3.2 percent, a number of risks remain for the global economy: potential geopolitical shocks, persistently higher inflation and key interest rates, as well as market risks emanating from the Chinese real estate market are currently considered to be the most relevant.

General inflation and falling incomes in real terms are continuing to exert a negative impact on consumer sentiment. A recovery in the consumer clothing market, which is important for Lenzing, will also depend on a further normalization of stock levels.

The currency environment is expected to remain volatile in regions relevant to Lenzing.

In the trend-setting market for cotton, a stable price trend is expected for the 2023/2024 harvest season.

Earnings visibility remains limited overall.

Revenue and earnings in the first quarter exceeded Lenzing’s expectations, despite the persistently difficult market. Lenzing is ahead of schedule with the implementation of its performance program. By appointing a separate Managing Board member, the projects identified to date are to be implemented even more rapidly, and new potentials are to be leveraged. Lenzing expects that these measures will increasingly contribute to further earnings improvement over the coming quarters compared to the first quarter of 2024.

Taking the aforementioned factors into consideration, the Lenzing Group confirms its guidance for the 2024 financial year of year-on-year higher EBITDA.

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 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.

Source:

Lenzing Group

Archroma at Techtextil 2024 Photo: Archroma
12.04.2024

Archroma at Techtextil 2024

Archroma will introduce its new Super Systems+ concept and highlight product innovations at Techtextil 2024, being held in Frankfurt, Germany from April 23 to 26.

A highlight of Archroma’s participation in Techtextil, Super Systems+ are powerful end-to-end systems that combine fiber-specific processing solutions and intelligent effects. The Super Systems+ suite encompasses wet processing solutions that deliver measurable environmental impact from sizing to finishing; durable colors and functional effects that add value and longevity to the end product; and cleaner chemistries that eliminate harmful or regulated substances.

For textile partners to the automotive industry, Archroma is introducing DOROSPERS® KHF, a new range of high-lightfast disperse dyes that provide optimum build up on polyester microfiber, including artificial suede for car interiors.

For nonwoven applications in fields such as healthcare, hygiene and filtration, Archroma recommends APPRETAN® FFX6750, a new addition to its range of high-performance zero-formaldehyde acrylic copolymers, and APPRETAN® FFX1540.

Archroma will introduce its new Super Systems+ concept and highlight product innovations at Techtextil 2024, being held in Frankfurt, Germany from April 23 to 26.

A highlight of Archroma’s participation in Techtextil, Super Systems+ are powerful end-to-end systems that combine fiber-specific processing solutions and intelligent effects. The Super Systems+ suite encompasses wet processing solutions that deliver measurable environmental impact from sizing to finishing; durable colors and functional effects that add value and longevity to the end product; and cleaner chemistries that eliminate harmful or regulated substances.

For textile partners to the automotive industry, Archroma is introducing DOROSPERS® KHF, a new range of high-lightfast disperse dyes that provide optimum build up on polyester microfiber, including artificial suede for car interiors.

For nonwoven applications in fields such as healthcare, hygiene and filtration, Archroma recommends APPRETAN® FFX6750, a new addition to its range of high-performance zero-formaldehyde acrylic copolymers, and APPRETAN® FFX1540.

APPRETAN® FFX1540 is a new APEO free and formaldehyde free self-crosslinking polymer, medium soft with very low tackiness, and strongly hydrophobic, developed for the chemical bonding of nonwovens and for the coating of technical textiles, where low water absorption and high-water tightness are required, combined with high durability in severe environment.

For workwear and uniforms that protect people under adverse conditions, Archroma solutions include HELIZARIN® ULTRA-FAST, for printing with pigment dispersions and metallic pigments, and the new ALBAFIX® ECO Plus wet fastness improver. Archroma’s PFC-free PHOBOTEX® R-ACE durable water repellent delivers excellent water repellence while preserving fabric quality and ensuring sustainability. Archroma has also expanded the revolutionary AVITERA® SE GENERATION NEXT range of resource-saving dyes with new colors.

Further solutions for active wear and workwear include the newly launched bio-based PHOBOTEX® NTR-50 durable water repellent product, which is PFAS free, formaldehyde free and crosslinker free, as well NYLOFIXAN® HFS, a new fixing agent for polyamide and blends that is fully compliant with the latest restrictions on bisphenol compounds.

Archroma is also launching ARKOPHOB® NTR-40 at Techtextil 2024. The company’s first crosslinker with an improved sustainability profile, its monomers are partially derived from renewably sourced, plant-based raw materials. Another new innovation is biocide-free OX20, an odor-neutralizing technology launched by Archroma in partnership with SANITIZED AG.

For home textiles, mills and brands can select ARKOFIX® NZW formaldehyde-free* resin for high whiteness and extraordinary product stability, with no yellowing during storage at elevated temperatures, even over a prolonged period of time. For a super-soft handle, the SILIGEN® EH1 is a vegan silicone macro-emulsion softener with 35% plant-based active content.

More information:
Archroma Techtextil
Source:

Archroma

25.01.2024

Archroma and Sanitized AG enhancing collaboration in marketing, sales, and technology

Archroma proudly announced the continuation of its longstanding partnership with SANITIZED AG, marking collaborative success in the textile industry. This enduring alliance has been a cornerstone in driving innovation and setting industry standards, particularly for odor and hygiene management within the home textiles and apparel industry.

Archroma, one of the best chemical suppliers in the markets, further solidifies its position through the acquisition of Huntsman’s Textile Effects division in February 2023.

The acquisition enabled Archroma to broaden its global reach and technical expertise. Paired with our strong expertise in freshness additives, we enhance our marketing teams for joint communication, enhance the salesforce in the regions and strengthen our innovation force to drive the industry towards more sustainable solutions,” says Michael Lüthi, CEO of SANITIZED AG.

Archroma proudly announced the continuation of its longstanding partnership with SANITIZED AG, marking collaborative success in the textile industry. This enduring alliance has been a cornerstone in driving innovation and setting industry standards, particularly for odor and hygiene management within the home textiles and apparel industry.

Archroma, one of the best chemical suppliers in the markets, further solidifies its position through the acquisition of Huntsman’s Textile Effects division in February 2023.

The acquisition enabled Archroma to broaden its global reach and technical expertise. Paired with our strong expertise in freshness additives, we enhance our marketing teams for joint communication, enhance the salesforce in the regions and strengthen our innovation force to drive the industry towards more sustainable solutions,” says Michael Lüthi, CEO of SANITIZED AG.

With a focus on strategic development, Archroma and SANITIZED AG aim to reinforce mills and brands in elevating their products by adding the value of freshness to their products and providing high-quality effects. This collaboration offers customers a flexible package, completed with application support through technical service and expertise, along with access to a strong product portfolio. Notably, the partners are ready to lead market trends and transformations, particularly in freshness finishes, ensuring their collective success in the dynamic landscape.

More information:
Archroma Sanitized AG Sanitized
Source:

Archroma

B.I.G. Yarns: Virgin polyester BCF yarns for automotive carpet (c) Beaulieu International Group
17.01.2024

B.I.G. Yarns: Virgin polyester BCF yarns for automotive carpet

To expand its support for high-end and luxurious automotive interiors, B.I.G. Yarns has completed its first industrial production runs of virgin polyester BCF yarns for automotive carpet to complement its line of polyamide PA6 superior yarns.

There is a growing market in PET for automotive interior applications, with polyester allowing automotive OEMs and Tier 1 to develop products that, from the outset, consider eco-design by building MONO-polymer carpets and flooring that are 100% recyclable at End of Life (EOL ). These materials are helping to ensure improved and more sustainable EOL recycling of electric vehicles that are driving the future of the car industry.

To expand its support for high-end and luxurious automotive interiors, B.I.G. Yarns has completed its first industrial production runs of virgin polyester BCF yarns for automotive carpet to complement its line of polyamide PA6 superior yarns.

There is a growing market in PET for automotive interior applications, with polyester allowing automotive OEMs and Tier 1 to develop products that, from the outset, consider eco-design by building MONO-polymer carpets and flooring that are 100% recyclable at End of Life (EOL ). These materials are helping to ensure improved and more sustainable EOL recycling of electric vehicles that are driving the future of the car industry.

The new PET BCF Yarns offer high-performance for automotive carpets, including abrasion and stain resistance, and durability, passing all stringent automotive tests including the Taber test for abrasion performance, compressibility and recovery ability test, light fastness in automotive (DIN EN ISO 105-B06) and VOC (fogging) according the VDA 278 test on VOC and FOG emission. The yarns can be color solution dyed, have a dTex between 1300 – 1500, 81 filaments and are ideally for mats with a composition of 400 to 800 gram per m², while the yarns for molded carpets have a dTex of 1200, 144 filaments for 380 gram per m².

With the addition of PET BCF yarns, B.I.G. Yarns is now a one-stop-shop for 3 types of Solution Dyed BCF carpet yarns for the automotive industry: nylon (PA6), polypropylene (PP) and polyester (PET), and the Eqo-range of PA6 yarns – the sustainability focused EqoBalance, EqoCycle and EqoYarn.

The automotive carpet market is expected to grow strongly in the coming decade with the increased demand for vehicle customization and personalization driven by owners looking to upgrade and enhance interiors, including the flooring area.
A growing awareness around car hygiene is also boosting the market as consumers become more conscious of maintaining cleanliness in their vehicles, including the floors. Automotive carpets provide an effective solution by trapping dirt and preventing it from spreading to other areas.

Source:

Beaulieu International Group

VEOCEL™ showcased LENZING™ Lyocell Dry fiber (c) Lenzing Group
18.12.2023

VEOCEL™ showcased LENZING™ Lyocell Dry fiber

With the growing demand among brands and consumers for plastic-free materials and ingredient transparency, VEOCEL™, the flagship specialty nonwovens brand of Lenzing Group, showcased LENZING™ Lyocell Dry fiber at Hygienix 2023. LENZING™ Lyocell Dry fiber which is not classified as “plastic” according to EU SUPD, meets the growing interest for plastic-free nonwoven products across the industry and among consumers. Additionally, along with being an environment-friendly solution, the fiber delivers high-performance dryness and comfort which makes it the optimum fiber choice for absorbent hygiene applications.

Comprised of mostly fossil-based materials, absorbent hygiene products are an essential part of many consumers’ daily lives. With heightened concerns towards environmental impact, the product segment has been undergoing a change caused by shifting consumer preferences, increased consciousness and concerns towards plastic waste, and technology advancement. LENZING™ Lyocell Dry fiber has embraced these changes without compromising on quality or performance.

With the growing demand among brands and consumers for plastic-free materials and ingredient transparency, VEOCEL™, the flagship specialty nonwovens brand of Lenzing Group, showcased LENZING™ Lyocell Dry fiber at Hygienix 2023. LENZING™ Lyocell Dry fiber which is not classified as “plastic” according to EU SUPD, meets the growing interest for plastic-free nonwoven products across the industry and among consumers. Additionally, along with being an environment-friendly solution, the fiber delivers high-performance dryness and comfort which makes it the optimum fiber choice for absorbent hygiene applications.

Comprised of mostly fossil-based materials, absorbent hygiene products are an essential part of many consumers’ daily lives. With heightened concerns towards environmental impact, the product segment has been undergoing a change caused by shifting consumer preferences, increased consciousness and concerns towards plastic waste, and technology advancement. LENZING™ Lyocell Dry fiber has embraced these changes without compromising on quality or performance.

LENZING™ Lyocell Dry is a cellulosic environment-friendly wood-based alternative to fossil-based fibers. Besides offering great performance features such as liquid management, dryness, gentle-on-the-skin comfort, softness, and quality, LENZING™ Lyocell Dry helps to meet the needs of customers who are aiming to produce plastic-free applications or end products that do not harm the planet without compromising on performance or comfort.

Featuring Lenzing’s unique Dry technology, LENZING™ Lyocell Dry’s hydrophobic characteristics and liquid-controlling properties make it the ideal fiber for absorbent hygiene products. Its high-performing hydrophobicity makes it the optimal choice for a wide range of applications, including baby diapers, feminine care and personal hygiene products as well as adult incontinence products.

The fiber has consistently been tested by Lenzing as the softest* fiber among cellulosic fibers in both dry and wet stages. LENZING™ Lyocell Dry will enable brands and manufacturers to deliver quality hygiene products that provide a high level of comfort, softness, and dryness.

*Lenzing AG softness panel test

Source:

Lenzing Group

Vuokkoset, Taneli Lahtinen
20.11.2023

Tampon for men aiming to reduce gender dysphoria

Tampon for Men by Finnish hygiene product brand Vuokkoset aims to alleviate the distress transgender men feel related to menstruation. The creative partner behind the idea is TBWA\Helsinki. The product was launched during the international Transgender Awareness Week and sparked a discussion in Scandinavia of the inclusivity of the health and wellness industry.

Research has shown that 93% of transgender men have experienced gender dysphoria related to menstruation. With a tampon designed for men, Vuokkoset sparked a vivid conversation in Finland during the International transgender awareness week (Nov 13 to 19, 2023) with an aim to change perceptions of menstruation and reduce the distress it causes to transgender men.

“Marketing has a huge role in shaping the world around us. As Finland’s leading creative agency and the leading global agency collective, we have an immense responsibility in actively making the world more inclusive. Vuokkoset is a brand that shares this value base and was brave enough to put the campaign together with us in just four short weeks” says Heidi Taina, creative director from TBWA\Helsinki.

Tampon for Men by Finnish hygiene product brand Vuokkoset aims to alleviate the distress transgender men feel related to menstruation. The creative partner behind the idea is TBWA\Helsinki. The product was launched during the international Transgender Awareness Week and sparked a discussion in Scandinavia of the inclusivity of the health and wellness industry.

Research has shown that 93% of transgender men have experienced gender dysphoria related to menstruation. With a tampon designed for men, Vuokkoset sparked a vivid conversation in Finland during the International transgender awareness week (Nov 13 to 19, 2023) with an aim to change perceptions of menstruation and reduce the distress it causes to transgender men.

“Marketing has a huge role in shaping the world around us. As Finland’s leading creative agency and the leading global agency collective, we have an immense responsibility in actively making the world more inclusive. Vuokkoset is a brand that shares this value base and was brave enough to put the campaign together with us in just four short weeks” says Heidi Taina, creative director from TBWA\Helsinki.

Trans men and non-binary individuals may still have menstrual cycles, regardless of hormone therapy choices. This highlights the diversity in experiences related to menstruation among different gender identities.

"When I was young, menstruation felt not only strange but somehow wrong. Our culture does not really acknowledge the diversity of menstruating individuals" says DEI consultant and face of the campaign Dakota Robin, who has been through the gender affirming process himself.

The Tampon for Men will be available as a limited edition in Finland and wider distribution will begin in early 2024. Total sales proceeds are donated to Trasek ry, an organization focused on gender diversity and sexual health. A fully gender-neutral tampon product by Vuokkoset is also being considered.

"Menstrual products - from visuality, advertising to store location - are strongly feminine. It’s time to acknowledge the diversity of menstruating individuals" says Sanna Karhu, CEO of Delipap Oy, the company that manufactures Vuokkoset products.

"This is definitely a step in the right direction. By changing attitudes and broadening perspectives, we can also remove discrimination against gender minorities," concludes Dakota Robin.

More information:
Hygiene Fibres tampon Vuokkoset
Source:

TBWA

15.11.2023

Indorama Ventures: 3Q23 Performance report

  • Revenue of US$3.9B, a decline of 1% QoQ and 20% YoY
  • EBITDA of US$324M, an increase of 1% QoQ and a decrease of 37% YoY
  • Operating cash flows of US$410M
  • Net Operating Debt to Equity of 0.97x
  • EPS of THB 0.00

Indorama Ventures Public Company Limited (IVL) reported stable third-quarter earnings as the company’s management focuses on conserving cash and improving competitiveness to bolster performance in a continued period of weakness in the global chemical industry.

Indorama Ventures achieved EBITDA of $324 million in 3Q23, an increase of 1% QoQ and a decline of 37% YoY, impacted by a weak economic environment, geopolitical tensions, and continued post-pandemic disruptions in global markets. Sales volumes dropped 5% from a year ago to 3.6 million tons as China recovers from the pandemic more slowly than expected and an extended period of destocking in the manufacturing and chemical sectors continues to normalize from unprecedented levels last year.

  • Revenue of US$3.9B, a decline of 1% QoQ and 20% YoY
  • EBITDA of US$324M, an increase of 1% QoQ and a decrease of 37% YoY
  • Operating cash flows of US$410M
  • Net Operating Debt to Equity of 0.97x
  • EPS of THB 0.00

Indorama Ventures Public Company Limited (IVL) reported stable third-quarter earnings as the company’s management focuses on conserving cash and improving competitiveness to bolster performance in a continued period of weakness in the global chemical industry.

Indorama Ventures achieved EBITDA of $324 million in 3Q23, an increase of 1% QoQ and a decline of 37% YoY, impacted by a weak economic environment, geopolitical tensions, and continued post-pandemic disruptions in global markets. Sales volumes dropped 5% from a year ago to 3.6 million tons as China recovers from the pandemic more slowly than expected and an extended period of destocking in the manufacturing and chemical sectors continues to normalize from unprecedented levels last year.

Management continues to focus on conserving cash, realizing efficiency improvements, and optimizing the company’s operational footprint to boost profitability. These efforts resulted in positive operating cash flow of US$410 million in the quarter, positive free cash flow of $79 million year to date, and room for further reductions in working capital going forward. The company’s AA- rating was maintained by TRIS in the quarter, with a stable outlook. 

The company expects the operating environment to improve in 2024 as customer destocking continues to ease across all three of Indorama Ventures’ segments. The ramp up of PET and fibers expansion projects operations in India and the U.S. will also contribute to increased volumes.  

Combined PET posted EBITDA of $146 million, a 25% decline QoQ, amid historically low benchmark PET margins, increased feedstock prices in Western markets, and lingering effects of destocking. Integrated Oxides and Derivatives (IOD) segment posted a 27% rise in EBITDA to $119 million QoQ, supported by strong MTBE margins in the Integrated Intermediates business. The Integrated Downstream portfolio’s profitability was impacted by destocking, inflationary pressures, and margin pressure from imports. Fibers segment achieved a 140% increase in EBITDA to $48 million QoQ as Lifestyle volumes grew in key markets in Asia, and the Mobility and Hygiene verticals benefited from management’s focus on optimizing operations and refocusing the organization. 
 

Source:

Indorama Ventures Public Company Limited

03.11.2023

Lenzing implements performance program in response to lack of market recovery

  • Revenue of EUR 1.87 bn and EBITDA of EUR 219.1 mn in the first three quarters of 2023
  • Positive free cash flow of EUR 27.3 mn in the third quarter
  • Implementation of performance program focusing on positive free cash flow, strengthened sales and margin growth and sustainable cost excellence
  • Modernization and conversion of Indonesian site successfully completed – EU Ecolabel received

The anticipated recovery in markets relevant for the Lenzing Group has to date failed to materialize. The continued sharp increase in raw material and energy costs on the one hand and very subdued demand on the other had a negative impact on Lenzing’s business trends as well as on industry as a whole during the reporting period.

  • Revenue of EUR 1.87 bn and EBITDA of EUR 219.1 mn in the first three quarters of 2023
  • Positive free cash flow of EUR 27.3 mn in the third quarter
  • Implementation of performance program focusing on positive free cash flow, strengthened sales and margin growth and sustainable cost excellence
  • Modernization and conversion of Indonesian site successfully completed – EU Ecolabel received

The anticipated recovery in markets relevant for the Lenzing Group has to date failed to materialize. The continued sharp increase in raw material and energy costs on the one hand and very subdued demand on the other had a negative impact on Lenzing’s business trends as well as on industry as a whole during the reporting period.

Revenue in the first three quarters of 2023 decreased by 5.3 percent year-on-year to EUR 1.87 bn. This reduction was primarily due to lower fiber revenues, while pulp revenues were up. The earnings trend was mainly influenced by the market environment. As a consequence, earnings before interest, tax, depreciation and amortization (EBITDA) in the reporting period decreased by 16.7 percent year-on-year to EUR 219.1 mn. The net result after tax amounted to minus EUR 96.7 mn (compared with EUR 74.9 mn in the first three quarters of 2022), while earnings per share amounted to minus EUR 4.90 (compared with EUR 2.16 in the first three quarters of 2022).

Outlook
According to the IMF, a full return of the global economy to pre-pandemic growth rates appears increasingly out of reach in the coming quarters. In addition to the consequences of the pandemic and the ongoing war in Ukraine, growth is also being influenced by restrictive monetary policy and extreme weather events. The consequences of the renewed military confrontation in the Middle East are not yet foreseeable. Overall, the IMF warns of greater risks to global financial stability, and expects the growth rate to decrease to 3 percent this year and to 2.9 percent next year.

The currency environment is expected to remain volatile in the regions of relevance to Lenzing.

The general market environment is continuing to weigh on the consumer climate and on sentiment in the industries relevant to Lenzing.

In the trend-setting market for cotton, the current 2023/24 crop season is emerging as a further 1.7 mn tonnes of inventory build-up, following 1.8 mn tonnes of inventory build-up in the previous season.

Earnings visibility remains severely limited overall.

Lenzing is fully on track with the implementation of the reorganization and cost reduction program and on this basis is implementing a comprehensive performance program focused on positive free cash flow, strengthened sales and margin growth as well as sustainable cost excellence. The overarching goal is to position Lenzing even more strongly and to further increase its crisis resilience.

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 trans-formation 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 the aforementioned factors into consideration, the Lenzing Group continues to expect that EBITDA for the 2023 financial year will lie in a range between EUR 270 mn and EUR 330 mn.

Source:

Lenzing AG