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(c) adidas AG
01.08.2022

adidas unveils collection that celebrates community, heritage, and identity

adidas unveils the first of two drops with South African luxury designer, Thebe Magugu. The debut collection for women features the celebratory and joyful artwork of a woman dancing, designed in collaboration with artist Phathu Nembilwi, and influenced by Thebe’s mother, aunt and grandmother, and the theme of femininity, interwoven with leading adidas material technology . Each garment features an abstract selection of bright and punchy colors including, impact orange and yellow, accents of shock pink, backgrounded by pulse lilac. The collection spans across sports including running , swimming , training , tennis , football , and cycling alongside a set of casual lifestyle garments.  

United by a shared passion for inclusivity and kinship, the collection includes a three-piece modesty swimwear set made in part with recycled materials and chlorine resistant fabric that is lightweight and chlorine-resistant; swimwear in inclusive sizing (XS-4XL); and gender-neutral pieces with UNITEFIT – a fit system that is created with a spectrum of sizes, genders, and forms in mind.

adidas unveils the first of two drops with South African luxury designer, Thebe Magugu. The debut collection for women features the celebratory and joyful artwork of a woman dancing, designed in collaboration with artist Phathu Nembilwi, and influenced by Thebe’s mother, aunt and grandmother, and the theme of femininity, interwoven with leading adidas material technology . Each garment features an abstract selection of bright and punchy colors including, impact orange and yellow, accents of shock pink, backgrounded by pulse lilac. The collection spans across sports including running , swimming , training , tennis , football , and cycling alongside a set of casual lifestyle garments.  

United by a shared passion for inclusivity and kinship, the collection includes a three-piece modesty swimwear set made in part with recycled materials and chlorine resistant fabric that is lightweight and chlorine-resistant; swimwear in inclusive sizing (XS-4XL); and gender-neutral pieces with UNITEFIT – a fit system that is created with a spectrum of sizes, genders, and forms in mind.

The high-performance tennis pieces will be premiered during one of the most prominent hardcourt tournaments by adidas’ inspirational athletes Dana Mathewson, Stefanos Tsitsipas, Felix Auger Aliassime and Daria Kasatkina who are passionate about showing support for what matters and encouraging diversity and inclusivity on and off the court. The tennis collection features the Purple NY UNITEFIT Tennis Dress, delivering style and functionality, made in part with recycled materials.

Alongside the performance pieces, the statement Originals looks include the Originals Crop T-shirt, in white and semi pulse lilac, delivering classic streetwear style, and the Originals 7/8 Leggings, a go-to choice for every occasion. The collaboration also includes remixes of iconic adidas footwear silhouettes including the Stan Smith, Nizza Platform, Astir and Forum footwear, which feature design accents from Thebe Magugu's signature prints. Reflecting adidas's commitment to consciously crafting performance materials, hero styles and pieces have also been made in part with recycled materials, just one of the innovations that represent adidas' commitment to help end plastic waste. 

More information:
adidas Sportswear
Source:

adidas AG

(c) AVANTI/Hologenix
28.07.2022

AVANTI introduces dog beds powered by CELLIANT®

Hologenix’s CELLIANT® infrared technology, an ingredient in textiles across many categories including bedding, is now offered in a new line of sustainable dog beds. The first performance fabric product from AVANTI, RESPOND is a wellness collection that promotes good health not only for pets but also for the planet. It is made from 100% recycled PET and uses patented CELLIANT technology for unmatched performance.

CELLIANT transforms the body’s heat into full-spectrum infrared energy. This energy is reflected back to the body, making it possible for the tissue and muscle to absorb it, promoting local circulation and tissue oxygenation. This technology helps keep the body dry and at the appropriate temperature. CELLIANT has been demonstrated to enhance energy, endurance, strength, stamina and comfort as well as promote faster recovery and more restful sleep. The RESPOND beds’ orthopedic memory foam filler adds an extra layer of comfort and wellness.

Hologenix’s CELLIANT® infrared technology, an ingredient in textiles across many categories including bedding, is now offered in a new line of sustainable dog beds. The first performance fabric product from AVANTI, RESPOND is a wellness collection that promotes good health not only for pets but also for the planet. It is made from 100% recycled PET and uses patented CELLIANT technology for unmatched performance.

CELLIANT transforms the body’s heat into full-spectrum infrared energy. This energy is reflected back to the body, making it possible for the tissue and muscle to absorb it, promoting local circulation and tissue oxygenation. This technology helps keep the body dry and at the appropriate temperature. CELLIANT has been demonstrated to enhance energy, endurance, strength, stamina and comfort as well as promote faster recovery and more restful sleep. The RESPOND beds’ orthopedic memory foam filler adds an extra layer of comfort and wellness.

Introduced at Interzoo in Germany in May, RESPOND dog bedding was the result of determination by AVANTI leaders Raghav and Devika Modi to become champions of pet wellness and performance products while also aligning with the New Delhi, India-based company’s focus on sustainability.  

Ideal for ailing and senior pets, RESPOND beds are made from GRS-certified 100% recycled polyester CELLIANT yarns and orthopedic memory foam and have natural latex-coated bases for extra skid-resistance. AVANTI pet bed covers are removable and washable.

RESPOND dog beds are offered in nine SKUs, three different shapes and three colorways of each shape: grey, blue/grey and green/grey in shades that are associated with wellness.

More information:
Hologenix Celliant AVANTI Bedding
Source:

Hologenix, LLC

26.07.2022

adidas adjusts outlook for 2022: Declining revenues in Greater China expected

adidas is adjusting its outlook for the financial year 2022. While second quarter results were somewhat ahead of expectations reflecting continued strong momentum in Western markets and a return to growth in Asia-Pacific, the company has been experiencing a slower-than-expected recovery in its business in Greater China since the start of the third quarter. Previously, the company had assumed that in absence of any major lockdowns as of Q3, currency-neutral revenues in the region would be flat during the second half of the year versus the prior year level. However, given the continued widespread covid-19-related restrictions, adidas now expects revenues in Greater China to decline at a double-digit rate during the remainder of the year.

adidas is adjusting its outlook for the financial year 2022. While second quarter results were somewhat ahead of expectations reflecting continued strong momentum in Western markets and a return to growth in Asia-Pacific, the company has been experiencing a slower-than-expected recovery in its business in Greater China since the start of the third quarter. Previously, the company had assumed that in absence of any major lockdowns as of Q3, currency-neutral revenues in the region would be flat during the second half of the year versus the prior year level. However, given the continued widespread covid-19-related restrictions, adidas now expects revenues in Greater China to decline at a double-digit rate during the remainder of the year.

As a result, adidas now expects currency-neutral revenues for the total company to grow at a mid- to high-single-digit rate in 2022 (previously: at the lower end of the 11% – 13% range). Because of the less favorable market mix due to lower-than-expected revenues in Greater China as well as the impact from initiatives to clear excess inventories in this market until the end of the year, the company’s gross margin is now expected to be around 49.0% in 2022 (previously: around 50.7%). Consequently, the company’s operating margin is now forecasted to be around 7.0% in 2022 (previously: around 9.4%) and net income from continuing operations is expected to reach a level of around € 1.3 billion (previously: at the lower end of the € 1.8 billion – € 1.9 billion range).

So far, the company did not experience a meaningful slowdown in the sell-through of its products or significant cancellations of wholesale orders in any other market. Nevertheless, the adjusted guidance also accounts for a potential slowdown of consumer spending in these markets during the second half of the year as a result of the more challenging macroeconomic conditions.

Despite these headwinds, adidas continues to expect double-digit revenue growth during the second half of the year for the total company. In addition to easier prior year comparables, the acceleration will be driven by adidas’ strong product pipeline, the restocking opportunity with its wholesale customers given unconstrained supply as well as the support from major sporting events.

Based on preliminary numbers, adidas’ currency-neutral revenues grew 4% during the second quarter. This increase was driven by strong double-digit growth in North America and Latin America, high-single-digit growth in EMEA (also double-digit growth excluding negative Russia/CIS impact) as well as a return to growth in Asia-Pacific. In euro terms, sales increased 10% to € 5.596 billion. The company’s gross margin declined 1.5 percentage points to a level of 50.3% and operating margin reached 7.0% during the second quarter (2021: 10.7%). Net income from continuing operations was € 360 million in Q2 (2021: € 387 million) supported by a one-time tax benefit of more than € 100 million due to the reversal of a prior year provision.

More information:
adidas financial year 2022
Source:

adidas AG

21.07.2022

NCTO: China Penalty Tariffs on finished textiles and apparel to be maintained

  • China Penalty Tariffs on Finished Textiles & Apparel Give U.S. Companies a Chance to Compete and are a Powerful Trade-Negotiation Tool, NCTO Tells U.S. International Trade Commission

Section 301 penalty tariffs on finished Chinese textile and apparel imports give American manufacturers a chance to compete and provide trade officials with an essential trade negotiation tool, the National Council of Textile Organizations (NCTO) told a key government panel today in a formal written submission. Removing them, the association said, would reward China, put U.S. manufacturers at a competitive disadvantage and do nothing to reduce inflation.

Those were among the key points outlined by NCTO President and CEO Kim Glas in a written testimony submitted to the U.S. International Trade Commission during three days of hearings on the economic impact of Section 301 China tariffs and Section 232 steel tariffs on U.S. industries.

  • China Penalty Tariffs on Finished Textiles & Apparel Give U.S. Companies a Chance to Compete and are a Powerful Trade-Negotiation Tool, NCTO Tells U.S. International Trade Commission

Section 301 penalty tariffs on finished Chinese textile and apparel imports give American manufacturers a chance to compete and provide trade officials with an essential trade negotiation tool, the National Council of Textile Organizations (NCTO) told a key government panel today in a formal written submission. Removing them, the association said, would reward China, put U.S. manufacturers at a competitive disadvantage and do nothing to reduce inflation.

Those were among the key points outlined by NCTO President and CEO Kim Glas in a written testimony submitted to the U.S. International Trade Commission during three days of hearings on the economic impact of Section 301 China tariffs and Section 232 steel tariffs on U.S. industries.

The 301 penalty tariffs should be maintained “absent substantive improvements in China’s pervasive, predatory trade practices,” Glas said in her testimony.  China’s illegal actions “have put U.S. companies at a serious disadvantage, and tariffs give American manufacturers a chance to compete.” Glas noted that U.S. trade officials have “stressed that the penalty tariffs also create leverage and are a ‘significant tool’ in ongoing negotiations with China.”
 
While some advocates for lifting the tariffs point to concerns about inflation, Glas said, “canceling these penalty duties would do little to ease Americans’ inflationary pains.” She also noted that “apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs in place. As detailed in an economic study recently released by Werner International, U.S. import prices for apparel from China have dropped 25 percent since 2019 and 50 percent since 2011.”

Glas also warned that lifting the tariffs would have “a substantial negative ripple effect” on U.S. free-trade agreements, including undermining those with Western Hemisphere partners that have established shorter coproduction supply chains and serve other U.S. and regional interests.

The Section 301 tariffs were first imposed in 2018 in response to China’s persistent violations of intellectual property rules. By law, they are now under review.

More information:
NCTO Tariffs China Penalty Tariffs
Source:

National Council of Textile Organizations

19.07.2022

INDA: Nominations are open for Hygienix Innovation Award™

INDA, the Association of the Nonwoven Fabrics Industry, announces online nominations are now open for the prestigious Hygienix Innovation Award™. The Award recognizes a new product or technology innovation in the absorbent hygiene and personal care sector that uses nonwoven fabrics in novel, technically sophisticated, uniquely creative and expansive ways. The Award will be presented at Hygienix™ 2022, Nov. 14-17 at The Roosevelt New Orleans Hotel, in New Orleans, LA.

INDA, the Association of the Nonwoven Fabrics Industry, announces online nominations are now open for the prestigious Hygienix Innovation Award™. The Award recognizes a new product or technology innovation in the absorbent hygiene and personal care sector that uses nonwoven fabrics in novel, technically sophisticated, uniquely creative and expansive ways. The Award will be presented at Hygienix™ 2022, Nov. 14-17 at The Roosevelt New Orleans Hotel, in New Orleans, LA.

Nominees will be selected from a broad range of new products or technologies that have been commercially available at most two years prior to Hygienix™ 2022. Nominees can include end product components, fabrication techniques, or products that use a nonwoven technology in manufacturing. Award categories include feminine care products, diapers, incontinence products, raw materials, equipment technology, reusable products or technologies, and composites or laminates that use nonwovens. Three finalists will present their innovations to over 450 participants at the eighth edition of Hygienix™, the premier event for the absorbent hygiene and personal care markets. The winner will be announced Thursday, Nov. 17.

Last year’s Hygienix Innovation Award™ was presented to Kudos for their Kudos Diaper Subscription Box, a disposable diaper featuring 100 percent breathable cotton touching baby’s skin.

More information:
INDA nonwovens Hygienix Hygiene
Source:

INDA

(c) INDA
06.07.2022

INDA: Highlights of the World of Wipes® International Conference

More than 450 participants from 18 countries made in-person connections and gained innovative insights into the segment’s future at the World of Wipes® (WOW) International Conference at the Marriott Marquis in Chicago.

INDA, the Association of the Nonwoven Fabrics Industry, reported strong attendance and activity at its 16th WOW conference, June 27-30. Highlights included a conference, award presentations, a separate 1.5-day WIPES Academy training course, and a new mentorship program.  

WOW speakers focused on the future of the $17 billion wipes sector amid changing consumer trends, supply chain complexities, sustainable packaging demands, and medical disinfection challenges. Program sessions included Circular and Sustainable Wipes, Supply Chain Challenges, Sustainable Substrates, Disinfection Concerns, Sustainable Packaging Trends, and Flushability Developments.

Tony Fragnito welcomed participants in his new role as INDA President for the first time since succeeding Dave Rousse, now President Emeritus and advisor.

More than 450 participants from 18 countries made in-person connections and gained innovative insights into the segment’s future at the World of Wipes® (WOW) International Conference at the Marriott Marquis in Chicago.

INDA, the Association of the Nonwoven Fabrics Industry, reported strong attendance and activity at its 16th WOW conference, June 27-30. Highlights included a conference, award presentations, a separate 1.5-day WIPES Academy training course, and a new mentorship program.  

WOW speakers focused on the future of the $17 billion wipes sector amid changing consumer trends, supply chain complexities, sustainable packaging demands, and medical disinfection challenges. Program sessions included Circular and Sustainable Wipes, Supply Chain Challenges, Sustainable Substrates, Disinfection Concerns, Sustainable Packaging Trends, and Flushability Developments.

Tony Fragnito welcomed participants in his new role as INDA President for the first time since succeeding Dave Rousse, now President Emeritus and advisor.

WOW highlights included the announcement of Nice’ N CLEAN® SecureFLUSH™ Technology Flushable Wipes from Nice-Pak as the winner of this year’s World of Wipes Innovation Award® for their flushable wipes made of 100 percent cellulose nonwoven. A specialty “lock and key” design of plant-based fibers and formula leverages patent-pending technology to ensure responsible care of plumbing and wastewater.

Other highlights included the presentation of the 2022 INDA Lifetime Technical Award to Richard Knowlson, Principal, RPK Consulting. The award honors an individual with a long-established nonwovens career that advance technology and the commercial success of the North American nonwovens industry. Knowlson pioneered the use of powder super absorbents in airlaid forming systems creating new period product designs for ultra-thin products. He co-founded Airformed Composites, co-invented the first commercial multi-bonded airlaid products in North America that were used in characters for Sesame Street and served in leadership positions with Rayonier, Ciba/Huntsman and Jacob Holm.

04.07.2022

Call for Papers »BIO-raffiniert XII« 2023

The process industry today still relies primarily on fossil raw materials. A transformation towards regenerative resources, in particular renewable raw materials, is under way. In addition, circular economy, recycling and resilience play important roles in existing and new value chains. The congress "BIO-raffiniert XII", March 7 and 8, 2023 at the Fraunhofer UMSICHT in Oberhausen, takes up these topics and focuses on innovative technologies, sustainability strategies as well as logistics and supply chains. Its thematic focal points will be: Bioeconomy - Strategy and Implementation, Transformation Pathways and New Value Chains. Regional as well as international developments will be addressed.

The institute invites interested experts to present their innovations, concepts, or industrial practice solutions around the bioeconomy transformation in the context of short presentations in English (10 min presentation). The deadline for proposals outlined in a one-page abstract is: Tuesday, September 16, 2022.

Further information online.

The process industry today still relies primarily on fossil raw materials. A transformation towards regenerative resources, in particular renewable raw materials, is under way. In addition, circular economy, recycling and resilience play important roles in existing and new value chains. The congress "BIO-raffiniert XII", March 7 and 8, 2023 at the Fraunhofer UMSICHT in Oberhausen, takes up these topics and focuses on innovative technologies, sustainability strategies as well as logistics and supply chains. Its thematic focal points will be: Bioeconomy - Strategy and Implementation, Transformation Pathways and New Value Chains. Regional as well as international developments will be addressed.

The institute invites interested experts to present their innovations, concepts, or industrial practice solutions around the bioeconomy transformation in the context of short presentations in English (10 min presentation). The deadline for proposals outlined in a one-page abstract is: Tuesday, September 16, 2022.

Further information online.

Source:

Fraunhofer-Institut für Umwelt-, Sicherheits- und Energietechnik UMSICHT

(c) Willy Bogner GmbH & Co. KGaA
28.06.2022

BOGNER: GREGORY SIFF Capsule Collection Fall/Winter 2022

FIRE+ICE introduces as a special highlight in the Fall/Winter season 2022 an exlusive collaboration with acclaimed American artist Gregory Siff. Gregory Siff is best known for his highly emotive style, which merges abstraction, pop and action painting. By using inks, acrylic and spray paint, he creates iconic elements, capturing time and nostalgia.

Gregory Siff applies his hand-signature in a special print story and creates iconic elements out of FIRE+ICE’s unique DNA and story, which begins with Willy Bogner’s 1986 film. He creates artworks in black and white or combined with bright colors, which are applied to the FIRE+ICE styles using various print and jacquard techniques.

FIRE+ICE introduces as a special highlight in the Fall/Winter season 2022 an exlusive collaboration with acclaimed American artist Gregory Siff. Gregory Siff is best known for his highly emotive style, which merges abstraction, pop and action painting. By using inks, acrylic and spray paint, he creates iconic elements, capturing time and nostalgia.

Gregory Siff applies his hand-signature in a special print story and creates iconic elements out of FIRE+ICE’s unique DNA and story, which begins with Willy Bogner’s 1986 film. He creates artworks in black and white or combined with bright colors, which are applied to the FIRE+ICE styles using various print and jacquard techniques.

Source:

Willy Bogner GmbH & Co. KGaA

(c) Borealis
28.06.2022

Borealis introduces portfolio of circular base chemicals

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

The portfolio will initially comprise Borvida B, from non-food waste biomass, and Borvida C, from chemically-recycled waste. In the future, the range will evolve to include Borvida A, sourced from atmospheric carbon capture. Borvida is complementary and is the building block to Bornewables™, a portfolio of polyolefins based on renewably-sourced second generation feedstocks, and Borcycle™, which offers circular polyolefins produced from mechanically- and chemically-recycled plastic waste.

Borealis produces a wide range of base chemicals for use in numerous industries based on various feedstock, such as naphtha, butane, propane and ethane. Through its olefin units (steam cracker and propane dehydrogenation), it converts these into the building blocks of the chemical industry: ethylene, propylene and C4 hydrocarbons (butylenes, ethyl tertiary-butyl ether (ETBE) and butadiene), and C5-6 hydrocarbons (pygas, phenol) among others.

The basis of the Borvida portfolio is Mass Balance, a Chain of Custody model that enables sustainable content to be tracked, traced, and verified through the entire value chain, offering sustainability-assured products from feedstock to end product. Using this model, circular alternatives can be offered in a cost-effective and environmentally-conscious way, which can be scaled up quickly without compromising on quality or efficiency.

Borvida can be used for a wide range of different polymer and chemical applications, also beyond polyolefins (PO). Non-PO polymers, such as polycarbonates, acrylonitrile butadiene styrene (ABS), super absorbant polymer (SAP) and other chemicals, are utilised for various end applications including coatings, plasticizers, adhesives, automotive, electronics, lubricants, detergents, appliances and sports equipment.

Together with key strategic partners, including Neste and Covestro, Borealis strives to provide a long-term solution in order to allow value-chain partners to meet their sustainability goals. Borvida will enable our customers to increase the sustainability of their products, keeping them ahead of forthcoming legislative changes, and meeting their customers’ demands for climate-conscious products.

Introduced on a smaller scale in early 2020, early renewable base chemicals customers include Covestro. “The use of alternative sustainable raw materials is one important pillar of our strategic ambition to become fully circular”, comments Frank Dörner, Managing Director Covestro Procurement Services GmbH & Co. KG. “The new product line is a good example for joint solutions, another strategic pillar, in order to establish new and reliable supply chains creating benefits for our customers.”

Source:

Borealis

(c) Autoneum Management AG
27.06.2022

Autoneum: Sound-insulating technologies for electric drives

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

With the fibrous technology Hybrid-Acoustics PET and the two foam alternatives Hybrid-Acoustics FLEX and Fit FLEX, the Company offers three standardized technologies that reduce noise directly at the source, thereby improving driver comfort. All three technologies are produced waste-free and their adaptive capacity to different sizes and shapes allows for a broad spectrum of uses in electric vehicles: from e-motor encapsulations to the reduction of noise and vibration of inverters, gearbox, pumps and compressors. By offering both fibrous and foam-based variants, Autoneum is able to flexibly cater to individual customer needs and preferences with regard to material, acoustic concept, sustainability and costs.

In terms of sustainable noise protection in the engine bay, Autoneum’s patented innovation Hybrid-
Acoustics PET sets the tone: it is made of 100 percent PET with up to 50 percent recycled fibers; cut-offs in production are reclaimed, processed and reused and the material can be fully recycled at the end of product life. The unique textile technology, which is part of the Company’s sustainability label Autoneum Pure, is particularly suited to attenuating high-frequency sounds of the electric drive unit and offers the optimum balance of absorption and insulation. Moreover, components made of Hybrid-Acoustics PET are up to 40 percent lighter compared to standard insulators.

To accommodate the differing preferences of vehicle manufacturers, Autoneum has complemented its lightweight textile technology with two foam-based alternatives. Since the foam is injected in both technologies, no waste is generated during production either. Hybrid-Acoustics FLEX is based on the same acoustic concept as Hybrid-Acoustics PET, but the decoupler is made of foam instead of felt. Autoneum’s Fit FLEX, on the other hand, combines the foam decoupler with an injection molded heavy layer. Thanks to the high geometrical adaptability of foam to even complex shapes, both technologies offer outstanding acoustic performance in the insulation of e-motors and other noise sources in electric vehicles. Furthermore, the absorbing or insulating acoustic quality of the foam can be flexibly tuned to specific customer needs.

Source:

Autoneum Management AG

© Natalie Wunder
From left: Patrick Engel (STFI), Caspar Böhme (Sumo), Ilka Kaczmarek (KF), Dr. Marina Crnoja-Cosic (KF)
22.06.2022

Kelheim Fibres wins Techtextil Innovation Award

The viscose specialities manufacturer Kelheim Fibres has won the Techtextil Award in the "New Concept" category for their project "Cellulose-based nonwovens for highly absorbent reusable products".
This award is intended to make cutting-edge developments visible, promote unconventional thinking and intensify the dialogue between researchers, manufacturers.

The starting point for the innovation was the search for a washable and thus reusable absorbent pad made of completely bio-based materials for the cloth diaper of the Berlin-based start-up Sumo.
Two main requirements of the application are obvious: A fast and efficient liquid distribution and high absorbency should minimise rewetting and leakage. Both are ensured by speciality viscose fibres from Kelheim, which have been making this essential contribution to absorbent hygiene products such as tampons for many years. The obvious solution was therefore to optimally utilise the synergies between knitted and woven structures with nonwovens.

The viscose specialities manufacturer Kelheim Fibres has won the Techtextil Award in the "New Concept" category for their project "Cellulose-based nonwovens for highly absorbent reusable products".
This award is intended to make cutting-edge developments visible, promote unconventional thinking and intensify the dialogue between researchers, manufacturers.

The starting point for the innovation was the search for a washable and thus reusable absorbent pad made of completely bio-based materials for the cloth diaper of the Berlin-based start-up Sumo.
Two main requirements of the application are obvious: A fast and efficient liquid distribution and high absorbency should minimise rewetting and leakage. Both are ensured by speciality viscose fibres from Kelheim, which have been making this essential contribution to absorbent hygiene products such as tampons for many years. The obvious solution was therefore to optimally utilise the synergies between knitted and woven structures with nonwovens.

In doing so, the advantages of nonwovens in combination with speciality viscose fibres in terms of absorbency (through e.g. more open-pored structures) have been perfectly transferred from the field of disposable to the world of reusable products. For reusable products, however, there is another challenge to overcome: they must remain stable during washing and over several cycles of use. To ensure this, an innovative nonwoven construction was developed in close cooperation with the STFI. These nonwovens can be used as a stand-alone solution or integrated into a textile structure.

Source:

Kelheim Fibres

(c) Freudenberg Performance Materials Holding SE & Co. KG
21.06.2022

Freudenberg endorses further products with ECO-CHECK label

Freudenberg Performance Materials (Freudenberg) is endorsing further sustainable products with its ECO-CHECK label introduced last year. These products comply with various environmental criteria. With immediate effect, five more solutions bear the label making the company’s commitment to sustainability visible.

Leather goods
The newly-endorsed ECO-CHECK products include one Evolon® microfilament textile application. This is a reinforcement material for leather goods that is manufactured with no solvent and no binder. It contains up to 80 percent recycled PET and is suitable for a broad range of applications. The material is produced at Freudenberg’s facility in Colmar, France, where the manufacturing process is highly sustainable: it is certified to STeP by OEKO-TEX® and fully complies with the DETOX TO ZERO by OEKO-TEX® criteria.

Freudenberg Performance Materials (Freudenberg) is endorsing further sustainable products with its ECO-CHECK label introduced last year. These products comply with various environmental criteria. With immediate effect, five more solutions bear the label making the company’s commitment to sustainability visible.

Leather goods
The newly-endorsed ECO-CHECK products include one Evolon® microfilament textile application. This is a reinforcement material for leather goods that is manufactured with no solvent and no binder. It contains up to 80 percent recycled PET and is suitable for a broad range of applications. The material is produced at Freudenberg’s facility in Colmar, France, where the manufacturing process is highly sustainable: it is certified to STeP by OEKO-TEX® and fully complies with the DETOX TO ZERO by OEKO-TEX® criteria.

Healthcare applications
In the field of healthcare, the bio-based M 1714 wound pad with superior absorption for more challenging wounds has now been endorsed with the ECO-CHECK label. The dressing consists of a mix of bio-based fibers derived from natural sources and exhibits a smooth wound contact layer. The product has been evaluated for industrial compostability and conforms to ISO 13432.

Architectural applications
The sustainable TF 400 Eco F mesh fabric for textile architecture from Mehler Texnologies® now also bears the ECO-CHECK label. Its yarn is made of 100% recycled PET bottles and its characteristics are very similar to those of conventional mesh fabrics. In 2021, it was awarded first place by the Architectural Membrane Association (AMA) in the “product” category in recognition of its properties.

Shoes
In the shoe industry, the binder-free strobel insoles have been endorsed as particularly sustainable. They contain a high percentage of recycled green bottle flakes. Moreover, the insoles themselves are fully recyclable.

Filtration applications
The two layered, needle-punched nonwoven filter medium that has just been endorsed with the ECO-CHECK label has impressive sustainability characteristics. Made entirely of polyester, more than half the fibers consist of recycled material.

Source:

Freudenberg Performance Materials Holding SE & Co. KG

17.06.2022

"Lifting Tariffs Would Cement China’s Dominance of Global Manufacturing"

Textile Groups Urge U.S. to Maintain Penalty Tariffs on Finished Products

The Biden administration should maintain Section 301 penalty tariffs on finished textiles and apparel or risk reversing once-in-a-lifetime nearshoring trends and undermining critical investments and jobs in the U.S. and Western Hemisphere, three key American textile manufacturing groups said today.

In a formal submission to the U.S. Trade Representative’s (USTR) office, which is conducting a four-year statutory review of the tariffs, the associations expressed strong support for the continuation of penalty tariffs on imports from China and warned of the consequences associated with removing the tariffs.

“A key aspect of [the Biden administration’s trade] policy is the need to maintain Section 301 tariffs, absent substantive improvements in China’s pervasive, predatory trade practices,” the groups said. Lifting the tariffs “would also do nothing to achieve the administration’s goal of easing inflationary pressures, as apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs,” they noted.

Textile Groups Urge U.S. to Maintain Penalty Tariffs on Finished Products

The Biden administration should maintain Section 301 penalty tariffs on finished textiles and apparel or risk reversing once-in-a-lifetime nearshoring trends and undermining critical investments and jobs in the U.S. and Western Hemisphere, three key American textile manufacturing groups said today.

In a formal submission to the U.S. Trade Representative’s (USTR) office, which is conducting a four-year statutory review of the tariffs, the associations expressed strong support for the continuation of penalty tariffs on imports from China and warned of the consequences associated with removing the tariffs.

“A key aspect of [the Biden administration’s trade] policy is the need to maintain Section 301 tariffs, absent substantive improvements in China’s pervasive, predatory trade practices,” the groups said. Lifting the tariffs “would also do nothing to achieve the administration’s goal of easing inflationary pressures, as apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs,” they noted.

The submission was filed by the National Council of Textile Organizations (NCTO) and the Narrow Fabrics Institute (NFI) and Industrial Fabrics Institute (USIFI) – both divisions of the Advanced Textiles Association (ATA).  The associations represent the entirety of the U.S. textile production chain.

“For decades, China’s illegal actions have undermined virtually every domestic manufacturing sector and contributed to the direct loss of millions of U.S. jobs. These devastating state-sponsored practices include intellectual property theft as well as pervasive state-ownership of manufacturing, industrial subsidies, and abhorrent labor and human rights abuses in the Xinjiang region,” they noted. “Cancelling these tariffs would create further unhealthy dependence on Chinese supply chains and embolden future systematic trade abuses as bad actors know that the U.S. will not hold them accountable.”

The tariffs were imposed on China beginning in 2018 in response to China’s continuing IP and related trade violations. China has since failed to comply with an agreement it reached with the United States in 2020.

More information:
NCTO Tariffs China
Source:

NCTO

13.06.2022

AkzoNobel launches mosquito-repellent coating

People in Brazil have a new ally in the fight against an invasive carrier of dengue fever – a mosquito-repellent coating developed by AkzoNobel’s Coral brand.
 
Known as Well-being Protection Anti-Mosquito, the colorless matt varnish contains an active ingredient called permethrin. Its repellent action is specifically designed to combat the Aedes aegypti mosquito, which was largely responsible for dengue cases in Brazil surging 165% during the first few months of 2022 – according to figures from the Brazilian Ministry of Health. As well as spreading dengue, Aedes aegypti can also transmit the zika and chikungunya virus.
 
When a mosquito lands on the new transparent topcoat, the permethrin is absorbed through its feet and over-excites the insect’s nervous system, causing it to disengage or fall off. Permethrin is a well-known repellent and is commonly used in fabrics for mosquito nets and protective clothing.

People in Brazil have a new ally in the fight against an invasive carrier of dengue fever – a mosquito-repellent coating developed by AkzoNobel’s Coral brand.
 
Known as Well-being Protection Anti-Mosquito, the colorless matt varnish contains an active ingredient called permethrin. Its repellent action is specifically designed to combat the Aedes aegypti mosquito, which was largely responsible for dengue cases in Brazil surging 165% during the first few months of 2022 – according to figures from the Brazilian Ministry of Health. As well as spreading dengue, Aedes aegypti can also transmit the zika and chikungunya virus.
 
When a mosquito lands on the new transparent topcoat, the permethrin is absorbed through its feet and over-excites the insect’s nervous system, causing it to disengage or fall off. Permethrin is a well-known repellent and is commonly used in fabrics for mosquito nets and protective clothing.

The effectiveness of Well-being Protection Anti-Mosquito was tested in an independent external laboratory, certified by the Brazilian Network of Analytical Laboratories in Health. All the tests took place on painted walls and ceilings in a life-size house environment and successfully proved that mosquitoes were repelled from the room after contact, with the active ingredient being retained in the varnish matrix.

Source:

AkzoNobel

PREMIUM GROUP & JOOR present their first Hybrid Trade Fair Platform (c) Premium Exhibitions GmbH
09.06.2022

PREMIUM GROUP & JOOR present hybrid Trade Fair Platform

Premium Group and JOOR have renewed their partnership to power the SS23 PREMIUM and SEEK trade shows through JOOR’s digital platform, underpinning their belief in the power of a hybrid approach to wholesale.

From 7 - 9 July, buyers visiting the shows in Berlin will be able to learn more about and shop from exhibitors in a new hybrid way. Buyers can discover the full PREMIUM and SEEK portfolio of brands both in-person and online 24/7 by visiting JOOR Passport, JOOR's digital trade show destination.

Premium Group and JOOR have renewed their partnership to power the SS23 PREMIUM and SEEK trade shows through JOOR’s digital platform, underpinning their belief in the power of a hybrid approach to wholesale.

From 7 - 9 July, buyers visiting the shows in Berlin will be able to learn more about and shop from exhibitors in a new hybrid way. Buyers can discover the full PREMIUM and SEEK portfolio of brands both in-person and online 24/7 by visiting JOOR Passport, JOOR's digital trade show destination.

Premium Group unites its various show locations to one cosmos for SS23 at Messe Berlin. The PREMIUM and SEEK shows will be joined by two further components— The Ground is a D2C creative platform for brands and consumers to meet, connect, and collaborate through one-of-a-kind experiences, engaging content, and innovative products, while FASHIONTECH, features masterclasses and panel discussions from the fashion industry’s most brilliant minds. A calendar of content includes deep dives into strong, successful, and sustainable strategies. As part of the content offer, JOOR will facilitate a masterclass on ‘Digital Wholesale’ and a future-looking roundtable discussion with four leading fashion brands on the FASHIONTECH stage.

Throughout the duration of the show, in-person buyers and visitors will have the ability to shop via the Premium Group mobile app. By simply scanning a brand’s corresponding QR code, visitors will link to the brand’s custom profile on JOOR Passport and be able to shop collections directly on the platform. JOOR Passport will also extend the duration of the shows by up to three months, allowing brands to continue wholesale selling digitally outside the window of the physical show.

JOOR and Premium Group’s flexible hybrid format allows visitors and brands a seamless digital and physical introduction to each other and their collections, the opportunity to connect in an efficient, effective, and longer term way, and the convenience to shop the show 24 hours a day from anywhere in the world.

Brands participating include Drykorn, Closed, Bertoni of Denmark, Veja, Ecoalf, Wrangler and Absolut Cashmere.

Source:

Premium Exhibitions GmbH

Huntsman
30.05.2022

Huntsman Textile Effects at Outdoor Retailer Summer 2022

Huntsman Textile Effects, a global leader in innovative solutions and environmentally sustainable products, will be at Outdoor Retailer in Denver, Colorado this week to present end-to-end solutions that enable outdoor apparel brands to achieve the functionality that outdoor adventurers crave with on-trend aesthetics and a high degree of sustainability.

Resource-saving solutions
Huntsman will highlight the AVITERA® SE Fast process. This technology delivers the lowest environmental impact for dyeing polyester-cellulosic (PES-CO) blends. It combines alkali-clearable TERASIL® W/WW disperse dyes and AVITERA® SE reactive dyes to cut processing time from around nine hours to just six, helping mills to reduce the water and energy required for production by up to 50% and to increase output by up to 25% or more. The new process also delivers outstanding wet-fastness to ensure that sportswear will not bleed or stain during home laundering or while in storage or transit.

Huntsman Textile Effects, a global leader in innovative solutions and environmentally sustainable products, will be at Outdoor Retailer in Denver, Colorado this week to present end-to-end solutions that enable outdoor apparel brands to achieve the functionality that outdoor adventurers crave with on-trend aesthetics and a high degree of sustainability.

Resource-saving solutions
Huntsman will highlight the AVITERA® SE Fast process. This technology delivers the lowest environmental impact for dyeing polyester-cellulosic (PES-CO) blends. It combines alkali-clearable TERASIL® W/WW disperse dyes and AVITERA® SE reactive dyes to cut processing time from around nine hours to just six, helping mills to reduce the water and energy required for production by up to 50% and to increase output by up to 25% or more. The new process also delivers outstanding wet-fastness to ensure that sportswear will not bleed or stain during home laundering or while in storage or transit.

EROPON® E3-SAVE is another next-generation water-saving innovation. An all-in-one textile auxiliary for PES processing, it allows pre-scouring, dyeing and reduction clearing to be combined in a single bath and eliminates the need for anti-foaming products, which shortens processing time and further saves water and energy.

Eco-friendly stain and rain resistance
Huntsman will also present eco-friendly finishes that repel water and stains to help garments look new for longer. Continuing its long-standing relationship with Chemours, Huntsman is highlighting Teflon™ EcoElite with Zelan™ R3 technology. The industry’s first renewably sourced water-repellent finish, it contains 63% plant-based materials and exceeds performance levels possible with traditional fluorinated technologies, preserving breathability while offering excellent water repellency and durability.

Another breakthrough for brands and mills is PHOBOTEX® RSY for outerwear. A next-generation non-fluorinated water-repellent finish, its performance is comparable to formulations based on per-fluorinated chemicals (PFCs), delivering sustainable protection that keeps the wearer dry, even in the most demanding environments. It is a perfect combination of excellent water repellency and extremely high wash durability.

Innovative odor control solutions
Huntsman will also showcase antimicrobial and odor-control solutions as part of its partnership with Sciessent. Sciessent’s latest anti-odor technology, NOBO™, has been specifically developed to reduce odors in natural and synthetic fabrics. It can be incorporated into virtually any fabric, making it ideal for everything from base layer and activewear tops to socks and underwear to hiking pants, chinos and hard shell jackets. It offers a cost-effective way to upgrade everyday garments.

In addition, the partners will also present Sciessent’s Agion Active X2®, a next-generation odor-control solution that combines advanced antimicrobial and odor-absorbing technologies to both capture and fight odor-causing bacteria, and Lava X2®, a standalone odor adsorption product and key component of Agion Active X2® that attracts, adsorbs and degrades odors for long-lasing odor protection.

Source:

Huntsman

Photo: Bogner
25.05.2022

BOGNER Frozen Riviera: The 90th Anniversary Capsule Collection

90 years of BOGNER are celebrated with the Anniversary Capsule Collection Frozen Riviera. Frozen Riviera draws inspiration from the pioneering figure of Maria Bogner, the woman who made the mountains chic. BOGNER not only adored the Riviera, but also supplied its leading style icons with their winter wardrobes.

The result is a Cross Capsule Collection of BOGNER Sport and Fashion, that represents the future heritage of the brand. A palette of rich blues and off-white is enlivened by gold trim details, depicting an abstract print pattern of waves and slopes that underlines the connection between the Mediterranean and the Alps.

The iconic silhouettes of the past 90 years are reinterpreted for winter and combined with new volumes, techniques and materials - always with an eye to the future. Characterized by modern silhouettes, tonal outfits and a look of loose elegance, BOGNER heritage details meet the latest innovations. The result: Athluxury Sports Fashion.

90 years of BOGNER are celebrated with the Anniversary Capsule Collection Frozen Riviera. Frozen Riviera draws inspiration from the pioneering figure of Maria Bogner, the woman who made the mountains chic. BOGNER not only adored the Riviera, but also supplied its leading style icons with their winter wardrobes.

The result is a Cross Capsule Collection of BOGNER Sport and Fashion, that represents the future heritage of the brand. A palette of rich blues and off-white is enlivened by gold trim details, depicting an abstract print pattern of waves and slopes that underlines the connection between the Mediterranean and the Alps.

The iconic silhouettes of the past 90 years are reinterpreted for winter and combined with new volumes, techniques and materials - always with an eye to the future. Characterized by modern silhouettes, tonal outfits and a look of loose elegance, BOGNER heritage details meet the latest innovations. The result: Athluxury Sports Fashion.

More information:
Bogner Riviera
Source:

Bogner

Battery Show 2022: Freudenberg presents liquid absorbers for lithium-ion battery packs (c) Freudenberg
Freudenberg battery pack liquid absorbers
18.05.2022

Freudenberg auf Battery Show 2022

  • Freudenberg presents liquid absorbers for lithium-ion battery packs

The experts from Freudenberg Performance Materials (Freudenberg) will be presenting battery pack liquid absorbers, an innovative solution that makes battery systems safer, at this year's Battery Show in Stuttgart. The absorbent pads capture and store unwanted liquids inside the packs quickly and reliably. With adjustable absorption capacity and geometries, battery pack liquid absorbers ensure long-lasting battery packs. Visitors will find Freudenberg at Stand C 36 in Hall 10 from June 28 to 30.

Battery packs are the core elements of mobile and stationary lithium-ion energy storage systems. They are used in automotive and industrial applications. The performance and lifespan of these components are largely responsible for the efficiency of the energy storage system. Moisture inside the packs, such as condensation water or leaking coolant, can considerably diminish both function and lifespan. Battery pack liquid absorbers act as a safety system: the special fleece quickly takes up condensate or coolant and stores it effectively.

  • Freudenberg presents liquid absorbers for lithium-ion battery packs

The experts from Freudenberg Performance Materials (Freudenberg) will be presenting battery pack liquid absorbers, an innovative solution that makes battery systems safer, at this year's Battery Show in Stuttgart. The absorbent pads capture and store unwanted liquids inside the packs quickly and reliably. With adjustable absorption capacity and geometries, battery pack liquid absorbers ensure long-lasting battery packs. Visitors will find Freudenberg at Stand C 36 in Hall 10 from June 28 to 30.

Battery packs are the core elements of mobile and stationary lithium-ion energy storage systems. They are used in automotive and industrial applications. The performance and lifespan of these components are largely responsible for the efficiency of the energy storage system. Moisture inside the packs, such as condensation water or leaking coolant, can considerably diminish both function and lifespan. Battery pack liquid absorbers act as a safety system: the special fleece quickly takes up condensate or coolant and stores it effectively.

Source:

Freudenberg Performance Materials Holding SE & Co. KG

Photo: Ralph Koch für Gebr. Otto
13.05.2022

Gebr. Otto with a specialised portfolio at Techtextil 2022

Gebr. Otto is exhibiting at this year’s Techtextil from 21 to 24 June in Frankfurt. The Dietenheim-based textile company manufactures a selected range of functional high-tech yarns made, for example, of conductive, high-strength and flame-retardant fibres. Gebr. Otto’s aim at the trade fair is to make personal contacts and to expand regional technology chains. The textile solution provider is to be found, as in past years, at the BW-I joint stand in Hall 12.1 at Booth No. C80.

Gebr. Otto is exhibiting at this year’s Techtextil from 21 to 24 June in Frankfurt. The Dietenheim-based textile company manufactures a selected range of functional high-tech yarns made, for example, of conductive, high-strength and flame-retardant fibres. Gebr. Otto’s aim at the trade fair is to make personal contacts and to expand regional technology chains. The textile solution provider is to be found, as in past years, at the BW-I joint stand in Hall 12.1 at Booth No. C80.

Growing demand for technical yarns
“In the industry Gebr. Otto is mostly known for its cotton yarns and twines,” says Robin Hefter, who is in charge of technical textiles at Gebr. Otto. Cotton is the fibre that is mainly spun in the company’s spinning mill. It has been Gebr. Otto’s main line of business for over 100 years. The technical yarns that have been in the company’s product range for a good five years are, by contrast, still relative newcomers. They account for around 10 per cent of the company’s output, their share of which is on the increase. “Technical textiles have proved to be a growth sector in recent years,” Hefter explains, “and due to current political events demand for them has increased even further.”

Portfolio with a protective character
That is a reference to personal protective equipment – clothing and gloves. Gebr. Otto’s highperformance functional yarns, many of which are based on high-tech fibres, are specially designed for use in this area. In addition to flame-retardant yarns made of meta-aramid Gebr. Otto processes antistatic or conductive fibres.

As a rule many chemical fibres are easily electrically chargeable without being able to discharge by themselves due to their low moisture absorption. That is why undesired discharges occur,
maybe even the next time you shake hands. In some situations, they can be life-threatening. “Imagine the team at a pit stop in a Formula 1 race,” Robin Hefter says. “refuelling a racing car
under pressure of time. There must not be a single spark, no matter how small.” That is why Gebr. Otto adds antistatic fibres to its technical yarns. They prevent electrostatic charging and
offer safety not only to pit stop teams but also to filling station attendants. If electric conductivity is required, conductive fibres are added. And high-strength fibres are used if high or ultra-high tensile strength is required.

Colour fastness rather than safety is required when it comes to spun-dyed yarns. The fibres take up the pigments more homogeneously than if they are dyed as yarn. They are much more colourfast and fade markedly less in sunlight because the pigment particles are better enclosed in the fibre.

Source:

Gebr. Otto Baumwollfeinzwirnerei GmbH + Co. KG

After Moody's, Standard & Poor's also upgrades SGL Carbon’s rating (c) SGL Carbon
SGL
11.05.2022

After Moody's, Standard & Poor's also upgrades SGL Carbon’s rating

Standard & Poor's Global Ratings (S&P) raises its long-term rating for SGL Carbon to B- and its issue rating on its financial instruments to B. The outlook for the company is rated as stable by the renowned rating agency.

S&P Global Ratings explains the upgrade of SGL's rating with the company's improved capital structure and the reduction of net debt. The rating agency expects SGL Carbon to generate positive free cash flow in the coming years, which will support the reduction in absolute debt.

For the future development of SGL Carbon, S&P assumes an improvement in profitability based in particular on the expansion of products and materials for the future-oriented core markets of mobility, energy transition and digitalization, besides the savings from the restructuring.

"We are pleased that our operational successes and the already advanced trans-formation of SGL Carbon have been honored by the two major rating agencies - Moody's and S&P - by upgrading the ratings. We also see this as a motivation for the further development of SGL Carbon," explains Thomas Dippold, Chief Financial Officer of SGL Carbon SE.

Standard & Poor's Global Ratings (S&P) raises its long-term rating for SGL Carbon to B- and its issue rating on its financial instruments to B. The outlook for the company is rated as stable by the renowned rating agency.

S&P Global Ratings explains the upgrade of SGL's rating with the company's improved capital structure and the reduction of net debt. The rating agency expects SGL Carbon to generate positive free cash flow in the coming years, which will support the reduction in absolute debt.

For the future development of SGL Carbon, S&P assumes an improvement in profitability based in particular on the expansion of products and materials for the future-oriented core markets of mobility, energy transition and digitalization, besides the savings from the restructuring.

"We are pleased that our operational successes and the already advanced trans-formation of SGL Carbon have been honored by the two major rating agencies - Moody's and S&P - by upgrading the ratings. We also see this as a motivation for the further development of SGL Carbon," explains Thomas Dippold, Chief Financial Officer of SGL Carbon SE.

More information:
SGL Carbon
Source:

 SGL Carbon