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29.04.2025

DEMGY acquires TOOL GAUGE, now DEMGY Pacific

On March 31, 2025, DEMGY Group took a decisive step in its international development strategy by acquiring the American company TOOL GAUGE, which specializes in the manufacture of plastic components for the interior of aircraft cabins. This acquisition will enable DEMGY to consolidate their position as one of the world leaders in high value-added plastics processing for civil and military aeronautics.

With this operation, DEMGY is extending its footprint on the North American market, a strategic territory for the aerospace sector. The American company, now renamed DEMGY Pacific, is thus joining a group already present in France, Germany, Romania and the United States, bringing the total number of the group's industrial sites to 10.

Recognized expertise for the benefit of American aerospace
Based in Tacoma, Washington State, TOOL GAUGE has nearly 60 years of experience in the processing of high-performance polymers and the machining of precision parts. Recognized for its operational excellence, it has been awarded the Silver Performance Excellence Award by Boeing for 9 consecutive years.

On March 31, 2025, DEMGY Group took a decisive step in its international development strategy by acquiring the American company TOOL GAUGE, which specializes in the manufacture of plastic components for the interior of aircraft cabins. This acquisition will enable DEMGY to consolidate their position as one of the world leaders in high value-added plastics processing for civil and military aeronautics.

With this operation, DEMGY is extending its footprint on the North American market, a strategic territory for the aerospace sector. The American company, now renamed DEMGY Pacific, is thus joining a group already present in France, Germany, Romania and the United States, bringing the total number of the group's industrial sites to 10.

Recognized expertise for the benefit of American aerospace
Based in Tacoma, Washington State, TOOL GAUGE has nearly 60 years of experience in the processing of high-performance polymers and the machining of precision parts. Recognized for its operational excellence, it has been awarded the Silver Performance Excellence Award by Boeing for 9 consecutive years.

The company has two complementary production units: one dedicated to plastic injection, particularly for interior fittings in aircraft cabins, and the other specializing in the machining of metal and plastic parts. This technical expertise considerably strengthens DEMGY's offering to major clients in the aerospace sector.

Airbus, Boeing: DEMGY stands out as a key partner
This strategic acquisition enables DEMGY to become a tier 1 supplier for Boeing and Airbus, as well as a tier 2 supplier for all their equipment manufacturers in Europe and North America. This positioning considerably strengthens the group's visibility and attractiveness on the global aerospace market.

"By strengthening its leadership in high value-added plastics processing for the aerospace and defense industries, the DEMGY Group has become one of the world's leading, if not the leading, supplier of plastic parts for cabin interiors directly to Airbus and Boeing, as well as to all American and European aircraft equipment manufacturers," says Pierre-Jean LEDUC, Chairman and CEO of DEMGY Group. "This enables us to deploy our high and extreme performance plastics solutions on a much larger scale".

Integration driven by DEMGY Group's cross-functional synergies
DEMGY Pacific will be managed by Mike Walter, also President of DEMGY Chicago, and Eric Wilmoth, Vice-President of Operations. Both will be tasked with implementing industrial and commercial synergies with all the entities of the group, particularly in terms of injection, assembly and decoration.

This integration will promote the development of global solutions to meet the growing demands of the aerospace industry in terms of lightness, performance and durability.

Target of 200 million euros: managed growth
With its 10 industrial sites and 950 employees, DEMGY forecasts sales of over 130 million euros by 2025. Our group's ambition is to reach 200 million euros by 2030, capitalizing on its unique know-how, capacity for innovation and proximity to major customers.

Materials lightening at the heart of decarbonization
For several years, DEMGY has been committed to reducing the carbon footprint of industries, by designing polymer materials that are lighter than metal, durable and recyclable.Thanks to our circular Multiplasturgy® offer, we integrate eco-design from the product development phase.

21.03.2025

CARBIOS: New Chairwoman and new CEO

CARBIOS, a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces the resignation of Philippe Pouletty from term of office as Chairman of the Board of Directors and Director, as well as from his term of office as Chief Executive Officer, a position he had accepted on a transitional basis on 18 December 2024.
 
The Board of Directors has taken note of this decision and thanks Philippe Pouletty for his contribution to CARBIOS' development.

The Board of Directors has appointed Isabelle Parize as Chairwoman of the Board and Vincent Kamel as Chief Executive Officer with immediate effect.
 
Continuing the work already undertaken, Vincent Kamel will focus on successfully executing CARBIOS' strategic objectives, including securing the additional financing needed to build its PET biorecycling plant in Longlaville.

CARBIOS, a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces the resignation of Philippe Pouletty from term of office as Chairman of the Board of Directors and Director, as well as from his term of office as Chief Executive Officer, a position he had accepted on a transitional basis on 18 December 2024.
 
The Board of Directors has taken note of this decision and thanks Philippe Pouletty for his contribution to CARBIOS' development.

The Board of Directors has appointed Isabelle Parize as Chairwoman of the Board and Vincent Kamel as Chief Executive Officer with immediate effect.
 
Continuing the work already undertaken, Vincent Kamel will focus on successfully executing CARBIOS' strategic objectives, including securing the additional financing needed to build its PET biorecycling plant in Longlaville.

Isabelle Parize is CEO of DELSEY. Isabelle Parize began her career at Procter & Gamble, where she held strategic positions in marketing and brand management for 13 years. She then joined Henkel as Vice President EMEA. On the strength of this experience, she became head of Canal Sat, the French media group. She then pursued her career in the beauty sector, becoming President of the Managing Board of Nocibé, one of France's leading perfume retailers, in 2011. In 2015, she was appointed Managing Director of Douglas AG, a European perfume giant, where she steered the company's expansion and modernization.
 
In 2018, she took a new role as CEO of DELSEY. Between 2021 and 2025, she will continue to support the Group as President of its Supervisory Board. Isabelle Parize has served on Coty Inc.'s Board since 2020.
 
Isabelle Parize has been a member of the CARBIOS Board of Directors since 2022.
 
Vincent Kamel, with over 38 years' experience in the polymer and chemical industries, has held management positions in companies such as Rhône-Poulenc, Rhodia and Solvay, both in France and abroad (China, South Korea, Brazil), notably as General Manager of Solvay's polyamide division, Director of the Coatis business unit and Director for Asia in the engineering plastics sector.
 
Vincent Kamel has been involved in CARBIOS’ development since 2021 as a member of the company's Board of Directors, and since December 2024, as an advisor to CARBIOS’ executive management.

More information:
Carbios Board of Management CEO
Source:

Carbios

(c) Messe Düsseldorf / ctillmann
09.01.2025

FET ends 2024 with COMPAMED success.

Fibre Extrusion Technology Ltd (FET) of Leeds, UK enjoyed a highly successful exhibition at COMPAMED 2024 in Düsseldorf. This was the first time that FET had exhibited at this leading international trade fair for the medical technology supplier sector, a reflection of the company’s growing role in the global medical sector. In 2023-24, over 60% of FET’s turnover was derived from the medical market.

“It is never certain whether a new exhibition will prove to be a successful venture until it is tested in practice” commented FET’s Managing Director Richard Slack, “but we are delighted to report that COMPAMED 2024 exceeded all expectations. In fact, we have already booked a stand for next year’s exhibition in November, albeit in a slightly different location”.

Fibre Extrusion Technology Ltd (FET) of Leeds, UK enjoyed a highly successful exhibition at COMPAMED 2024 in Düsseldorf. This was the first time that FET had exhibited at this leading international trade fair for the medical technology supplier sector, a reflection of the company’s growing role in the global medical sector. In 2023-24, over 60% of FET’s turnover was derived from the medical market.

“It is never certain whether a new exhibition will prove to be a successful venture until it is tested in practice” commented FET’s Managing Director Richard Slack, “but we are delighted to report that COMPAMED 2024 exceeded all expectations. In fact, we have already booked a stand for next year’s exhibition in November, albeit in a slightly different location”.

COMPAMED 2024 attracts suppliers of a comprehensive range of high-quality medical technology components, services and production equipment for the medical industry. FET’s expertise in this sector therefore proved to be a perfect fit. With almost 40 serious customer leads taken at the show from both existing and previously unidentified clients, the initial outlook is for a very successful exhibition which will be followed up by future participation at this annual event.

FET’s established expertise lies in laboratory and pilot melt spinning equipment for a vast range of applications, especially precursor materials used in high value medical devices and specialised novel fibres from exotic and difficult to process polymers. In cases where melt spinning solutions are not suitable, FET provides a viable alternative with pilot and small scale production wet spinning systems.

Central to FET’s success has always been its ability to provide customers with advanced testing facilities and equipment at its Fibre Development Centre in Leeds, complemented by unrivalled knowledge and expertise in research and production techniques.

FET has successfully processed over 100 different polymer types and its systems can melt spin resorbable polymers in multifilament, monofilament and nonwoven formats, collaborating with specialist companies worldwide to promote greater sustainability through innovative manufacturing processes.

Freudenberg Apparel´s Film Bonding series product in tape form. © Freudenberg Performance Materials
Freudenberg Apparel´s Film Bonding series product in tape form.
12.09.2024

Freudenberg: New Film Bonding series for sew-free garments

Freudenberg Performance Materials Apparel (Freudenberg Apparel) introduces the innovative Film Bonding series. This new line of solutions is expertly designed for advanced sew-free bonding applications, enhancing the manufacturing process with modern efficiency and precision. In conjunction with this launch, Freudenberg Apparel is expanding its Net Bonding and Dot Bonding series, further broadening its range of seamless adhesive solutions to cater to the specific demands of the Stretch Active, Intimate, and Athleisure wear segments.

Freudenberg Apparel's Film Bonding series features a film structure with a high-quality adhesive, delivering robust shear bond and recovery. This enables garments to conform to the body's shape while retaining their shape and integrity after stretching, significantly improving durability and wearer comfort. By eliminating bulky seams, the Film Bonding series also provides a clean, smooth finish to fabric surfaces.

Freudenberg Performance Materials Apparel (Freudenberg Apparel) introduces the innovative Film Bonding series. This new line of solutions is expertly designed for advanced sew-free bonding applications, enhancing the manufacturing process with modern efficiency and precision. In conjunction with this launch, Freudenberg Apparel is expanding its Net Bonding and Dot Bonding series, further broadening its range of seamless adhesive solutions to cater to the specific demands of the Stretch Active, Intimate, and Athleisure wear segments.

Freudenberg Apparel's Film Bonding series features a film structure with a high-quality adhesive, delivering robust shear bond and recovery. This enables garments to conform to the body's shape while retaining their shape and integrity after stretching, significantly improving durability and wearer comfort. By eliminating bulky seams, the Film Bonding series also provides a clean, smooth finish to fabric surfaces.

Available in tape form, Freudenberg Apparel's Film Bonding solutions accommodate a wide range of weight requirements from 90 to 220 g/m², including thin options under 80µm. The series offers an array of TPE and TPU variants with varying softness levels from medium to very soft, reducing reliance on traditional stitching and making them ideal for various applications, including stitch-free seam bonding on briefs, bras, vests, and leggings.

Complementing the Film Bonding series, Freudenberg has introduced an innovative oval net structure to its TPE polymer adhesive Net Bonding series. This new structure, in addition to the existing Diamond and Hexagon patterns, offers a diverse selection of net structures suitable for a wide array of applications. The expanded weight range of 50-240 g/m² for the Net Bonding solutions provides versatility for creating breathable, elastic, and well-controlled garments in leggings, sports bras, and intimate apparel.

Source:

Freudenberg Performance Materials Holding GmbH

FET at COMPAMED 2024 (c) FET
FET extrusion system
06.09.2024

FET at COMPAMED 2024

Fibre Extrusion Technology Ltd (FET) of Leeds, UK will be exhibiting for the first time at COMPAMED 2024 in Düsseldorf, taking place between between 11 – 14 November 2024, to reflect the company’s increasing profile in the medical sector. COMPAMED is a international trade fair for the medical technology supplier sector, showcasing a range of high-quality medical technology components, services and production equipment for the medical industry.

FET are experts in medical fibre technology and innovations, designing and delivering high performance equipment for a range of precursor medical products. This includes turnkey solutions for nonwoven medical devices, wound care and dressings and synthetic absorbable sutures.

Fibre Extrusion Technology Ltd (FET) of Leeds, UK will be exhibiting for the first time at COMPAMED 2024 in Düsseldorf, taking place between between 11 – 14 November 2024, to reflect the company’s increasing profile in the medical sector. COMPAMED is a international trade fair for the medical technology supplier sector, showcasing a range of high-quality medical technology components, services and production equipment for the medical industry.

FET are experts in medical fibre technology and innovations, designing and delivering high performance equipment for a range of precursor medical products. This includes turnkey solutions for nonwoven medical devices, wound care and dressings and synthetic absorbable sutures.

FET’s expertise lies in laboratory and pilot melt spinning equipment for a vast range of applications, especially precursor materials used in high value medical devices and specialised novel fibres from exotic and difficult to process polymers. FET has processed over 100 different polymer types and its systems can melt spin resorbable polymers in multifilament, monofilament and nonwoven formats, collaborating with specialist companies worldwide to promote greater sustainability through innovative manufacturing processes. Where melt spinning solutions are not suitable, FET provides an alternative with pilot and small scale production wet and gel spinning systems.

Source:

Fibre Extrusion Technology Ltd (FET)

06.09.2024

Indorama Ventures: ISCC+ Certification for fiber manufacturing sites

Indorama Ventures Public Company Limited (IVL) has achieved ISCC+ certification for three of its fiber manufacturing sites. In addition to one already ISCC+ certified fiber plant, this marks a significant milestone in the company's ongoing commitment to sustainability and circular economy practices. Across its entire business, a total of nine Indorama Ventures sites are now ISCC+ certified, offering a diverse range of sustainable products, including PTA, PET chips, fibers, and fabrics.

The newly certified high-performance fiber portfolio will serve customers who require technical yarns such as in the Mobility, Tire cords, Airbags, Industrial or Mechanical Rubber Goods sector. The new offerings include:

Indorama Ventures Public Company Limited (IVL) has achieved ISCC+ certification for three of its fiber manufacturing sites. In addition to one already ISCC+ certified fiber plant, this marks a significant milestone in the company's ongoing commitment to sustainability and circular economy practices. Across its entire business, a total of nine Indorama Ventures sites are now ISCC+ certified, offering a diverse range of sustainable products, including PTA, PET chips, fibers, and fabrics.

The newly certified high-performance fiber portfolio will serve customers who require technical yarns such as in the Mobility, Tire cords, Airbags, Industrial or Mechanical Rubber Goods sector. The new offerings include:

  • Mass balanced (M.B.) polyamides PA6.6 and PA4.6 from the company’s sites in Obernburg (Germany) and Pizzighettone (Italy). Developed in collaboration with key partners, these products match the performance of standard polyamide yarns while reducing GHG emissions by approximately 55% at the polymer level.
  • Bio-based high-tenacity PA4.10 (M.B.) yarn made in Obernburg (Germany) for tire and specialties applications. This 100% bio-content polymer, produced from bio-based Sebacic Acid and bio-based Di-Amino Butane (DAB) component via mass balancing, supports significant GHG emissions reduction due to the innovative raw material.
  • Recycled PET yarns and tire cord fabric from Indorama Ventures’ site in Kaiping (China). These yarns and fabrics made from 100% recycled PET, represent the company’s efforts to drive the evolution towards circular practices and lower carbon products.

ISCC+ Certification
The ISCC+ (International Sustainability and Carbon Certification) is a globally recognized standard for the sustainable production of biomass, and bio-based products, including recycled content. This certification ensures that materials are sourced and processed responsibly, reducing the environmental impact and promoting a circular economy.

 

Source:

Indorama Ventures Public Company Limited

26.08.2024

Oerlikon at ITMA Asia + CITME 2024

This year's ITMA Asia + CITME 2024 trade fair appearance of the Oerlikon Polymer Processing Solutions Division between 14 and 18 October 2024 will once again focus on current challenges for the global textile machinery industry: the replacement of old systems with energy-efficient and sustainable technology solutions, the use of digital software and hardware solutions to increase productivity and ensure material quality, and the traceability of all products to enable the recycling of the raw materials used in a future-oriented circular economy.

Oerlikon Polymer Processing Solutions offers complete solutions ranging from extrusion and polycondensation systems to texturized yarn, accompanied by automation and digital solutions. The supply of all process steps from a single source ensures a coordinated technology that guarantees the high quality of the fibers and yarns produced. The entire product portfolio of the supplier of machines and systems primarily to produce polyester, polypropylene and nylon will therefore take centre stage at this year's trade fair.

This year's ITMA Asia + CITME 2024 trade fair appearance of the Oerlikon Polymer Processing Solutions Division between 14 and 18 October 2024 will once again focus on current challenges for the global textile machinery industry: the replacement of old systems with energy-efficient and sustainable technology solutions, the use of digital software and hardware solutions to increase productivity and ensure material quality, and the traceability of all products to enable the recycling of the raw materials used in a future-oriented circular economy.

Oerlikon Polymer Processing Solutions offers complete solutions ranging from extrusion and polycondensation systems to texturized yarn, accompanied by automation and digital solutions. The supply of all process steps from a single source ensures a coordinated technology that guarantees the high quality of the fibers and yarns produced. The entire product portfolio of the supplier of machines and systems primarily to produce polyester, polypropylene and nylon will therefore take centre stage at this year's trade fair.

“The Chinese market continues to have enormous potential for us, even if it has not been able to match the previous times in terms of large new installations of manmade fiber plants and the associated expansion of production capacity for good two years. However, there is still a great need for renewal, especially in terms of sustainability. Shutting down old plants and replacing them with new, modern and energy-efficient technologies is the path to a better and lower-emission future for us all,” explains André Wissenberg, Head of Marketing, Corporate Communications and Public Affairs. “We have been contributing to sustainability with our technology solutions for decades. Be it by increasing energy efficiency with each new generation of machines or by processing new materials,” Wissenberg continues. Oerlikon is proud of the fact that the company has been offering solutions for the textile industry under the e-save sustainability label for 20 years and has saved over 15 million tons of CO2 thanks to the machines and systems developed and installed on the market during this time.

Source:

Oerlikon Textile GmbH & Co. KG

23.08.2024

Expansion of service and spare parts business at Oerlikon Polymer Processing Solutions

The Oerlikon Polymer Processing Solutions Division of the Swiss Oerlikon Group is expanding its customer services and spare parts business in the area of machines and systems for the production of carpet yarns (BCF) and industrial yarns (IDY). To this end, the company concluded an agreement with the Truetzschler Group, based in Moenchengladbach, Germany, in August. Technology experts and service staff from Oerlikon Neumag are now the new contacts for customer services and the spare parts business for Truetzschler's BCF and IDY technologies installed in the market. The Moenchengladbach-based textile machinery manufacturer is withdrawing from this business segment in order to concentrate on the spinning, card clothing and nonwovens businesses in future.

Oerlikon Polymer Processing Solutions offers complete solutions for the manmade fiber industry. They range from extrusion and polycondensation plants to texturized yarn, and are accompanied by automation and digital solutions. The supply of all process steps from a single source ensures a harmonized technology that guarantees high quality of the yarns produced.

The Oerlikon Polymer Processing Solutions Division of the Swiss Oerlikon Group is expanding its customer services and spare parts business in the area of machines and systems for the production of carpet yarns (BCF) and industrial yarns (IDY). To this end, the company concluded an agreement with the Truetzschler Group, based in Moenchengladbach, Germany, in August. Technology experts and service staff from Oerlikon Neumag are now the new contacts for customer services and the spare parts business for Truetzschler's BCF and IDY technologies installed in the market. The Moenchengladbach-based textile machinery manufacturer is withdrawing from this business segment in order to concentrate on the spinning, card clothing and nonwovens businesses in future.

Oerlikon Polymer Processing Solutions offers complete solutions for the manmade fiber industry. They range from extrusion and polycondensation plants to texturized yarn, and are accompanied by automation and digital solutions. The supply of all process steps from a single source ensures a harmonized technology that guarantees high quality of the yarns produced.

Based in Neumuenster, Germany, Oerlikon Neumag, a branch of Oerlikon Textile GmbH & Co. KG and a brand of the Oerlikon Polymer Processing Solutions Division, has been an established and broadly positioned international supplier with proven expertise in the field of BCF for decades. The division's sister company Oerlikon Barmag from Remscheid, Germany, contributes its expertise in the field of IDY systems.

Source:

Oerlikon Textile GmbH & Co. KG

07.06.2024

Stratasys: Expanded Materials and Technology Updates

Stratasys Ltd. is announcing updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900™ 3D printer, more on-demand 3D printing capabilities and a new high-performance material for its Fused Deposition Modeling line.

OpenAM comes to the F900
Stratasys OpenAM™ is a software application that enables the user to modify machine controls to achieve results beyond standard print settings. Already available for the Fortus 450®mc printer, Stratasys is now making its OpenAM software available for the F900 printer. This will allow for expanded functionality and capabilities and will unlock new materials for F900 users.

Stratasys Ltd. is announcing updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900™ 3D printer, more on-demand 3D printing capabilities and a new high-performance material for its Fused Deposition Modeling line.

OpenAM comes to the F900
Stratasys OpenAM™ is a software application that enables the user to modify machine controls to achieve results beyond standard print settings. Already available for the Fortus 450®mc printer, Stratasys is now making its OpenAM software available for the F900 printer. This will allow for expanded functionality and capabilities and will unlock new materials for F900 users.

New VICTREX AM 200 material for FDM
A new material offering that opens the application potential for demanding industries like aerospace and medical, where material properties are critical components of a 3D-printed solutions. This new high-performance, high-strength, validated material, VICTREX AM™ 200, will be available for the Fortus 450mc and the F900. VICTREX AM 200 is a PEEK-based polymer that is temperature, corrosion, and chemical resistant, with excellent mechanical properties which can be utilized with soluble and breakaway support material.

Carbon Fiber Visual Print Option for the F-Series
Carbon Fiber Visual Print Option is a new 5-slice (0.005”) layer height across the F-123 Series™ line of printers that is coming later this month for FDM®ABS-CF10. It produces a smoother surface finish, to provide the perfect finish when a part’s visual appearance is important to the application. It is built for applications that demand the durability of a carbon-filled polymer, but also requires a visually appealing result without additional post-processing.

F770 adds New Colors
The F770® printer can now print in multiple colors, in addition to its original single ivory color. Six new ASA colors, including red, white, light gray, black, blue, and yellow, will allow for more application versatility with FDM® ASA and ABS-M30 tried-and-true engineering plastics. The new colors enable printing without painting or other post-production marking, allowing parts to be available much faster, increasing productivity.

Somos NeXt Validated for SLA
Somos® NeXt™ is now a validated material for Stratasys NEO® stereolithography 3D printers. Somos NeXt is a resin with superior strength and can be used in automotive and consumer products, along with other applications, including prototyping, to produce durable, accurate and detailed parts.

New GrabCAD Software Print Integration Enhances On-Demand 3D Printing Capabilities
Stratasys has introduced Parts on Demand by GrabCAD, a new integration that synchronizes the company's software platform with Stratasys Direct. This addition allows GrabCAD Print™ customers to access Stratasys Direct’s fleet of 3D printers, allowing for larger and more intricate designs, a selection of more than 50 engineered materials, and the assurance of stringent quality inspections.

Source:

Stratasys Ltd.

31.05.2024

Stratasys: First Quarter 2024 Financial Results

Stratasys Ltd., a company in polymer 3D printing solutions, announced their financial results for the first quarter 2024.

First Quarter 2024 Financial Results Compared to First Quarter 2023:

Stratasys Ltd., a company in polymer 3D printing solutions, announced their financial results for the first quarter 2024.

First Quarter 2024 Financial Results Compared to First Quarter 2023:

  • Revenue of $144.1 million compared to $149.4 million.
  • GAAP gross margin of 44.4%, compared to 43.8%.
  • Non-GAAP gross margin of 48.6%, compared to 47.3%.
  • GAAP operating loss of $24.5 million, compared to an operating loss of $16.8 million.
  • Non-GAAP operating loss of $1.2 million, compared to non-GAAP operating income of $1.5 million.
  • GAAP net loss of $26.0 million, or $0.37 per diluted share, compared to a net loss of $22.2 million, or $0.33 per diluted share.
  • Non-GAAP net loss of $1.7 million, or $0.02 per diluted share, compared to non-GAAP net income of $1.1 million, or $0.02 per diluted share.
  • Adjusted EBITDA of $4.1 million, compared to $7.0 million.
  • Cash generated by operating activities of $7.3 million, compared to cash used by operating activities of $17.9 million in the year-ago quarter.

2024 Financial Outlook:
Based on current market conditions and assuming that the impacts of global inflationary pressures, relatively high interest rates and supply chain costs do not impede economic activity further, the Company is reiterating its outlook for 2024 as follows:

  • Full-year revenue of $630 million to $645 million.
  • Compare to 2023 revenue of approximately $616 million excluding divestments and annualizing Covestro.
  • Full-year non-GAAP gross margins of 49.0% to 49.5%, improving sequentially throughout the year.
  • Full-year operating expenses in the range of $292 million to $297 million.
  • Full-year non-GAAP operating margins in a range of 2.5% to 3.5%.
  • GAAP net loss of $88 million to $72 million, or ($1.24) to ($1.01) per diluted share.
  • Includes one-time extraordinary costs associated with Stratasys’ strategic alternatives process.
  • Non-GAAP net income of $9 million to $14 million, or $0.12 to $0.19 per diluted share.
  • Adjusted EBITDA of $40 million to $45 million.
  • Capital expenditures of $20 million to $25 million.
  • Positive cash flow from operating activities.

Non-GAAP earnings guidance excludes $29 million to $31 million of share-based compensation expense, $26 million to $28 million of projected amortization of intangible assets, and reorganization and other expenses of $29 million to $35 million. Non-GAAP guidance includes tax adjustments of $2 million to $3 million on the above non-GAAP items.

Source:

Stratasys Ltd.

03.05.2024

Stahl joins GO!PHA alliance

Stahl has joined the Global Organization for PHA (GO!PHA), a non-profit platform that advocates and advances the use of polyhydroxyalkanoates (PHAs), a naturally occurring polymer that offers a lower-impact, bio-based alternative to traditional fossil-based plastic feedstocks.  

GO!PHA is a coalition of over 60 stakeholders ranging from producers and formulators to users as well as universities and research institutes. The members, all early adopters of PHAs, work together to increase understanding of this relatively new PHA technology and advance the science behind these renewable, compostable and biodegradable materials. As a member of the network, Stahl will have the opportunity to join forces with the wider PHA value chain to help move PHAs beyond the testing phase and accelerate the potential application of the technology in the coatings market. 

Stahl has joined the Global Organization for PHA (GO!PHA), a non-profit platform that advocates and advances the use of polyhydroxyalkanoates (PHAs), a naturally occurring polymer that offers a lower-impact, bio-based alternative to traditional fossil-based plastic feedstocks.  

GO!PHA is a coalition of over 60 stakeholders ranging from producers and formulators to users as well as universities and research institutes. The members, all early adopters of PHAs, work together to increase understanding of this relatively new PHA technology and advance the science behind these renewable, compostable and biodegradable materials. As a member of the network, Stahl will have the opportunity to join forces with the wider PHA value chain to help move PHAs beyond the testing phase and accelerate the potential application of the technology in the coatings market. 

More information:
Stahl PHA polymers GO!PHA
Source:

Stahl

fisherman Alastair Newton, Pixabay
23.04.2024

Stahl: New waterproof performance coating

Stahl, a provider of speciality coatings and treatments for flexible substrates, has launched the protective coating Stahl Integra® Dry 725, meeting the increasing demand for water-repellant technical fabrics.  
 
Part of the Stahl Integra® toolbox, Stahl Integra® Dry 725 is a fluorine-free coating for water-repellent technical textiles that harnesses Stahl’s proven polymer technology. Stahl has introduced Stahl Integra® Dry 725 in response to the growing market demand for fluorine-free, water-repellent technical textiles, which is projected to reach USD 605.1 million by 2029.  

Stahl Integra® Dry 725 offers a balanced performance between repellency, durability and adhesion. Stahl's durable water-repellent (DWR) technology, StayDry, repels water from fabric by modifying the surface tension of fibres. The solution can be combined with other top or back coatings and is specifically designed for technical textile applications such as camping equipment or luggage. As a fluorine-free, waterborne coating that is cured at low temperatures, Stahl Integra® Dry 725 can help reduce environmental impact without compromising on quality.

Stahl, a provider of speciality coatings and treatments for flexible substrates, has launched the protective coating Stahl Integra® Dry 725, meeting the increasing demand for water-repellant technical fabrics.  
 
Part of the Stahl Integra® toolbox, Stahl Integra® Dry 725 is a fluorine-free coating for water-repellent technical textiles that harnesses Stahl’s proven polymer technology. Stahl has introduced Stahl Integra® Dry 725 in response to the growing market demand for fluorine-free, water-repellent technical textiles, which is projected to reach USD 605.1 million by 2029.  

Stahl Integra® Dry 725 offers a balanced performance between repellency, durability and adhesion. Stahl's durable water-repellent (DWR) technology, StayDry, repels water from fabric by modifying the surface tension of fibres. The solution can be combined with other top or back coatings and is specifically designed for technical textile applications such as camping equipment or luggage. As a fluorine-free, waterborne coating that is cured at low temperatures, Stahl Integra® Dry 725 can help reduce environmental impact without compromising on quality.

Stahl Integra® is a modular 'toolbox' of tailor-made, customer-orientated protective coating solutions that simultaneously ensure product quality and superior fabric integrity. This means that specific mechanical functionalities – from flame-retardant and breathable coatings to stay-clean technologies – can be introduced at different stages of the production process to meet specific end-market requirements as needed.

More information:
waterproof high-tech coatings
Source:

Stahl

Wacker Chemical Corporation under New Management Foto: WACKER
Christoph Kowitz
16.04.2024

Wacker Chemical Corporation under New Management

Christoph Kowitz, currently head of WACKER’s Corporate Research Department, takes charge of the Group’s U.S. subsidiary Wacker Chemical Corporation (WCC) at the beginning of May. He succeeds David Wilhoit who has been responsible for WACKER’s North and Central American business since 2015 and is now retiring.

Christoph Kowitz has already held various management positions. After obtaining his doctorate in organic chemistry and polymer chemistry, he began his professional career as a product developer at BASF AG in Ludwigshafen in 1996. From 1997 onwards, he worked for several years as a management consultant for McKinsey in Asia and Europe. After several management positions in the chemical industry, including Germany-based specialty chemicals manufacturer Cognis, Kowitz moved to WACKER in 2013, where he headed the Performance Silicones unit within the WACKER SILICONES division. Since 2018, he has been Head of Corporate R&D and thus also responsible for innovation management within the Group.

Christoph Kowitz, currently head of WACKER’s Corporate Research Department, takes charge of the Group’s U.S. subsidiary Wacker Chemical Corporation (WCC) at the beginning of May. He succeeds David Wilhoit who has been responsible for WACKER’s North and Central American business since 2015 and is now retiring.

Christoph Kowitz has already held various management positions. After obtaining his doctorate in organic chemistry and polymer chemistry, he began his professional career as a product developer at BASF AG in Ludwigshafen in 1996. From 1997 onwards, he worked for several years as a management consultant for McKinsey in Asia and Europe. After several management positions in the chemical industry, including Germany-based specialty chemicals manufacturer Cognis, Kowitz moved to WACKER in 2013, where he headed the Performance Silicones unit within the WACKER SILICONES division. Since 2018, he has been Head of Corporate R&D and thus also responsible for innovation management within the Group.

More information:
Wacker chemicals polymers
Source:

Wacker Chemie AG

AkzoNobel: New research labs in the Netherlands (c) AkzoNobel
12.04.2024

AkzoNobel: New research labs in the Netherlands

Two new research labs are being built by AkzoNobel at its Sassenheim site in the Netherlands to further propel the company’s product development.

Work is about to start on building a technology center for Powder Coatings, while a new polymer lab has just opened which will develop innovative resin technologies for all the company’s businesses.

The total investment in the Sassenheim site – AkzoNobel’s largest global R&D center – amounts to around €8 million. The facility already houses the biggest R&D teams in Europe for the company’s Decorative Paint and Automotive and Specialty Coatings businesses. The addition of the two new labs will help the company further build on its global reputation for product development focused on providing creative solutions for customers.

The recently opened polymer lab – part of the company’s Research organization – will accommodate 15 scientists. It will mainly focus on the development of more sustainable polymer technologies and new coatings to support AkzoNobel’s ambition to halve carbon emissions across the value chain by 2030.

Two new research labs are being built by AkzoNobel at its Sassenheim site in the Netherlands to further propel the company’s product development.

Work is about to start on building a technology center for Powder Coatings, while a new polymer lab has just opened which will develop innovative resin technologies for all the company’s businesses.

The total investment in the Sassenheim site – AkzoNobel’s largest global R&D center – amounts to around €8 million. The facility already houses the biggest R&D teams in Europe for the company’s Decorative Paint and Automotive and Specialty Coatings businesses. The addition of the two new labs will help the company further build on its global reputation for product development focused on providing creative solutions for customers.

The recently opened polymer lab – part of the company’s Research organization – will accommodate 15 scientists. It will mainly focus on the development of more sustainable polymer technologies and new coatings to support AkzoNobel’s ambition to halve carbon emissions across the value chain by 2030.

AkzoNobel employs around 3,000 R&D professionals worldwide in 70 laboratories, with more than €1.25 billion having been spent on research and development over the last five years.

More information:
AkzoNobel Coatings research
Source:

AkzoNobel

AMPI illustration AMPI illustration
30.01.2024

FET: £50,000 for spinneret research

Fibre Extrusion Technology Limited (FET) has been awarded £50,000 of grant funding to collaborate with the University of Manchester on complex spin pack and spinneret designs. This funding will provide FET with access to the expertise of four universities and the National Physical Laboratory to develop the next generation of machinery.

The grant is awarded by a consortium led by AMPI (The Advanced Machinery and Productivity Institute) and NPL (The National Physical Laboratory). AMPI’s Innovation for Machinery (I4M) programme supports businesses in West Yorkshire and Greater Manchester as part of an overall initiative to drive innovation for the UK’s advanced machinery manufacturers to meet the challenges of developing new technology and entering emerging markets.

Fibre Extrusion Technology Limited (FET) has been awarded £50,000 of grant funding to collaborate with the University of Manchester on complex spin pack and spinneret designs. This funding will provide FET with access to the expertise of four universities and the National Physical Laboratory to develop the next generation of machinery.

The grant is awarded by a consortium led by AMPI (The Advanced Machinery and Productivity Institute) and NPL (The National Physical Laboratory). AMPI’s Innovation for Machinery (I4M) programme supports businesses in West Yorkshire and Greater Manchester as part of an overall initiative to drive innovation for the UK’s advanced machinery manufacturers to meet the challenges of developing new technology and entering emerging markets.

In this project, FET will be working with the University of Manchester to conduct computational fluid dynamics (CFD) studies on a number of complex spin pack and spinneret designs. The aim of this work is to identify areas of improvement for FET’s spin packs and spinnerets and to use computer aided designs to develop significantly more efficient versions. The goal is that the research will improve the throughput of FET extrusion systems, thus reducing the amount of polymer lost through inefficient flow paths. This development, in turn, will reduce the environmental impact of synthetic polymer processing.

FET designs, develops, and manufactures extrusion equipment for a range of high value textile material applications worldwide. Established in 1998, FET’s major strength has always been to collaborate with customers in testing, evaluating and developing high value materials with diverse, functional properties. Efficiency and sustainability are key, so enhanced development of spinneret technology will contribute significantly to these objectives.

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

10.11.2023

HeiQ AeoniQ™ joins Canopy and commits to Forests Protection

HeiQ AeoniQ™ becomes an active brand partner of the Canopy initiative with eleven other companies to address the growing climate and biodiversity crises by committing to keep Ancient and Endangered Forests out of our man-made cellulosic fiber supply chain.

The commitments that HeiQ AeoniQ™ is making are part of solutions-driven non-profit Canopy’s Pack4Good and CanopyStyle initiatives which currently represent collectively 950 brand partners. Together, the initiatives are shifting supply chains away from vital forests to low-impact, circular Next Gen Solutions.

HeiQ AeoniQ™ becomes an active brand partner of the Canopy initiative with eleven other companies to address the growing climate and biodiversity crises by committing to keep Ancient and Endangered Forests out of our man-made cellulosic fiber supply chain.

The commitments that HeiQ AeoniQ™ is making are part of solutions-driven non-profit Canopy’s Pack4Good and CanopyStyle initiatives which currently represent collectively 950 brand partners. Together, the initiatives are shifting supply chains away from vital forests to low-impact, circular Next Gen Solutions.

“We must rapidly replace oil-based polyester in the textile industry causing microplastics, global warming, landfill and ecosystem degradation. Cellulose is the most abundant biopolymer in the world and is best suited to replace polyester. However, we must pay attention to cellulose feedstock sources. Our forests, a potential cellulose feedstock, are one of the most important solutions to addressing the effects of climate change. Approximately 2.6 billion tons of carbon dioxide, one-third of the CO2 released from burning fossil fuels, is absorbed by forests every year. Around 12.5% of global greenhouse gas emissions (5-10 GtCO2e annually) come from deforestation. We are losing forests at an alarming rate. Every year, around 10 million hectares of forests globally are destroyed. We need immediate action to increase forests again. Canopy is our go-to partner to replace polyester with circular & sustainable cellulose feedstock for our innovative HeiQ AeoniQ™ fiber revolution.” said Carlo Centonze, HeiQ Group CEO.

Paper packaging is also a key driver of forest loss globally, as 3.1 billion trees are cut down annually to produce the boxes and bags in which products are packaged and shipped. Paper packaging production has increased by 65% over the past two years.

“The range of companies and sectors represented in today’s announcement reflects the breadth of market response to the growing climate and biodiversity crises and intensifying supply chain disruptions,” said Nicole Rycroft, Founder and Executive Director of Canopy. “Today’s brand partners add significant momentum to global conservation efforts and the movement to transform ‘take, make, waste’ supply chains to be lower-impact and Next Gen.”

Today, as part of Pack4Good, HeiQ AeoniQ™ committed to:

  • Eliminate Ancient and Endangered Forests from our paper packaging supply chain.
  • Reduce material use through design innovation.
  • Maximize recycled content.
  • Explore and scale alternative Next Gen fibers (such as agricultural residues).
  • Where virgin fiber is necessary, use FSC-certified fiber.
Source:

HeiQ

Dyneema® SB301 to Enable Weight Savings of up to 20% in Protective Body Armor Image Avient
10.10.2023

Dyneema®: Weight Savings of up to 20% in Protective Body Armor

Dyneema® announced the launch of a next-generation unidirectional (UD) material innovation based on its third-generation fiber at the polymer level: a development poised to enhance the safety and mobility of law enforcement officers and military forces through molecular engineering.

This evolution enables a higher-tenacity fiber – resulting in increased ballistic stopping power when used in the new UD material, Dyneema® SB301, for protective armor applications. The seismic shift in performance enables body armor manufacturers to design soft armor vests 10–20% lighter than previous protective solutions.

Beyond strength, Dyneema® SB301 has the advantage of being made from bio-based Dyneema® fiber, which enables a carbon footprint up to 90% lower than generic high modulus polyethylene (HMPE) fiber.

Now available for use in law enforcement vests for the US market, Dyneema® SB301 material is manufactured in Greenville, North Carolina, in compliance with the Berry Amendment, with additional markets to follow.

Dyneema® announced the launch of a next-generation unidirectional (UD) material innovation based on its third-generation fiber at the polymer level: a development poised to enhance the safety and mobility of law enforcement officers and military forces through molecular engineering.

This evolution enables a higher-tenacity fiber – resulting in increased ballistic stopping power when used in the new UD material, Dyneema® SB301, for protective armor applications. The seismic shift in performance enables body armor manufacturers to design soft armor vests 10–20% lighter than previous protective solutions.

Beyond strength, Dyneema® SB301 has the advantage of being made from bio-based Dyneema® fiber, which enables a carbon footprint up to 90% lower than generic high modulus polyethylene (HMPE) fiber.

Now available for use in law enforcement vests for the US market, Dyneema® SB301 material is manufactured in Greenville, North Carolina, in compliance with the Berry Amendment, with additional markets to follow.

“In every situation, weight is now considered to be the top priority after ballistic stopping power,” said Marcelo van de Kamp, global business director for personal protection at Avient. “That’s because survivability is directly tied to weight savings when speed and agility determine outcomes. We’ve long been known as the ‘world’s strongest fiber™,’ but that won’t stop us from finding new opportunities to get stronger. This new product is the latest demonstration of our commitment to both innovation and protection.”

Source:

Avient Corporation

FET: Benefits of new polymer development (c) FET
FET’s Fibre Development Centre
06.10.2023

FET: Benefits of new polymer development

Fibre Extrusion Technology Ltd (FET) of Leeds, UK is celebrating a year of achievements since its new Fibre Development Centre was first opened. This period has shown a marked acceleration in the number of client technical trials conducted, involving the ever-increasing development of new polymers.

FET designs, develops and manufactures extrusion equipment for a range of high value textile material applications worldwide, offering melt spinning, wet spinning and spunbond/meltblown options. Since its inception in 1997, a major part of FET’s service portfolio has always been to collaborate with industrial and research establishments in testing, evaluating and developing high value materials with diverse, functional properties. FET’s previous Process Development Laboratory presided over the development of about 60 new polymer types in multifilament, monofilament and nonwoven formats.

Fibre Extrusion Technology Ltd (FET) of Leeds, UK is celebrating a year of achievements since its new Fibre Development Centre was first opened. This period has shown a marked acceleration in the number of client technical trials conducted, involving the ever-increasing development of new polymers.

FET designs, develops and manufactures extrusion equipment for a range of high value textile material applications worldwide, offering melt spinning, wet spinning and spunbond/meltblown options. Since its inception in 1997, a major part of FET’s service portfolio has always been to collaborate with industrial and research establishments in testing, evaluating and developing high value materials with diverse, functional properties. FET’s previous Process Development Laboratory presided over the development of about 60 new polymer types in multifilament, monofilament and nonwoven formats.

Since the new Fibre Development Centre came on stream, this process has accelerated and the number of new polymers has now increased to over 70, with considerably enhanced facilities more than doubling capacity and increasing efficiency. Clients frequently spend several days on site participating in development trials and technical sales meetings, so the new Centre is designed to make their stay even more efficient and comfortable.

With more new trials booked for the rest of the year and well into 2024, it is expected that many more new polymers will be developed, with sustainable fibres leading the way.

Source:

Fibre Extrusion Technology Ltd (FET)

(c) Schoeller Textil AG
05.10.2023

Schoeller Textil presents FLEX SHIELD collection at A+A

Modern lifestyles require more than just functionality. Consumers are seeking products that offer a perfect balance between protection and comfort. The FLEX SHIELD collection offers a range of textiles that provide these functions without compromising on freedom of movement to maximize the wearer’s experience.

The Flex Shield Collection reflects Schoeller’s commitment to creating textiles that empower individuals to embrace their activities with confidence, knowing their gear will not fail and is designed for challenging conditions.

Every article in the collection is equipped with at least one of Schoeller’s pioneering textile technologies. These innovations ensure breathability, thermal regulation, as well as wind and water resistance.

Modern lifestyles require more than just functionality. Consumers are seeking products that offer a perfect balance between protection and comfort. The FLEX SHIELD collection offers a range of textiles that provide these functions without compromising on freedom of movement to maximize the wearer’s experience.

The Flex Shield Collection reflects Schoeller’s commitment to creating textiles that empower individuals to embrace their activities with confidence, knowing their gear will not fail and is designed for challenging conditions.

Every article in the collection is equipped with at least one of Schoeller’s pioneering textile technologies. These innovations ensure breathability, thermal regulation, as well as wind and water resistance.

One highlight is the schoeller®-ceraspaceTM technology, which owes its outstanding protective properties to a unique composition of special ceramic particles anchored in a polymer matrix. The ceramic particles are nearly as hard as diamonds and are firmly attached as a 3-dimensional coating to the textile. A textile with schoeller®-ceraspaceTM abrasion resistance performs significantly better than high-quality leather in terms of abrasion resistance. A fabric equipped with schoeller®-ceraspaceTM can also be more engineered to fulfill the required stretch properties, and its production process results in significantly less waste material compared to leather.

Source:

Schoeller Textil AG