From the Sector

Reset
109 results
Thomas Dippold (c) Schaltbau Holding
Thomas Dippold
15.10.2020

SGL Carbon SE: Thomas Dippold becomes member of the Board of Management

As reported on August 17, 2020, the Supervisory Board of SGL Carbon SE had appointed Thomas Dippold to CFO and member of the Board of Management of SGL Carbon SE effective December 1, 2020. Fortunately, Mr. Dippold is able to assume office of his mandate as member of the Board of Management of SGL Carbon SE earlier, so that the Supervisory Board of the company has brought forward the appointment to October 15, 2020, also to prepare for the planned assumption of the CFO position.

As previously reported, and effective December 1, 2020, Mr. Dippold is succeeding the long-standing CFO Dr. Michael Majerus, who is resigning from his office effective November 30, 2020 by mutual amicable consent.

As planned, Dr. Stephan Bühler resigned from his office as member of the Board of Management effective October 15, 2020.

As reported on August 17, 2020, the Supervisory Board of SGL Carbon SE had appointed Thomas Dippold to CFO and member of the Board of Management of SGL Carbon SE effective December 1, 2020. Fortunately, Mr. Dippold is able to assume office of his mandate as member of the Board of Management of SGL Carbon SE earlier, so that the Supervisory Board of the company has brought forward the appointment to October 15, 2020, also to prepare for the planned assumption of the CFO position.

As previously reported, and effective December 1, 2020, Mr. Dippold is succeeding the long-standing CFO Dr. Michael Majerus, who is resigning from his office effective November 30, 2020 by mutual amicable consent.

As planned, Dr. Stephan Bühler resigned from his office as member of the Board of Management effective October 15, 2020.

Source:

SGL Carbon SE

Bio Composites Procedure (c) AZL Aachen GmbH
24.09.2020

Starting market and technology study on the Potential for bio-based composite materials

Sustainability and environmental responsibility are important developments for the current design of productions and products. In order to obtain a comprehensive evaluation of the potential of bio-based composites, the AZL, together with an industry consortium, is investigating the market potential, future applications and relevant technologies for bio-based composite materials. The 5-month market and technology study will start on October 22nd, 2020 and is open to interested companies. Companies such as REHAU, an Automotive Tier 1, Asahi Kasei, Johns Manville, Mahr Metering Systems and several material manufacturers are participating in the study.

Bio-plastics are well established in industry, especially in packaging applications. The market for biopolymers is expected to grow from USD 10.5 billion in 2020 to USD 27.9 billion in 2025. At the same time, bio-based raw materials, such as natural fibers, are available on the market in a cost-effective manner. Composites with wood or natural fiber content are also increasingly used in products.

Sustainability and environmental responsibility are important developments for the current design of productions and products. In order to obtain a comprehensive evaluation of the potential of bio-based composites, the AZL, together with an industry consortium, is investigating the market potential, future applications and relevant technologies for bio-based composite materials. The 5-month market and technology study will start on October 22nd, 2020 and is open to interested companies. Companies such as REHAU, an Automotive Tier 1, Asahi Kasei, Johns Manville, Mahr Metering Systems and several material manufacturers are participating in the study.

Bio-plastics are well established in industry, especially in packaging applications. The market for biopolymers is expected to grow from USD 10.5 billion in 2020 to USD 27.9 billion in 2025. At the same time, bio-based raw materials, such as natural fibers, are available on the market in a cost-effective manner. Composites with wood or natural fiber content are also increasingly used in products.

Dr. Michael Emonts, Managing Partner of AZL: "Together with our partner companies we want to identify hidden business potential for composites with bio-based materials. To do so, we will reapply our established approach for market and technology studies: Based on a detailed market analysis, we will dive deep into the technological evaluation of technologies, applications and business cases.”

Based on a detailed market segmentation, AZL's technology experts analyze the various market segments in terms of their size, growth potential, relevant players and existing and future applications. For the identified applications, the participants in the study will receive detailed insight into the respective technical and legal requirements as well as an overview of value chains, processes and materials. In the following, the strengths and challenges of bio-composites compared to conventional materials are elaborated. The consortium will select the components with the highest potential, for which suitable production scenarios will be developed and analyzed in terms of costs in a business case analysis.

"We are participating in the AZL study to identify and evaluate new product areas with bio-materials. The technological analyses of the AZL studies have already helped us in the past to initiate new developments," says Dr. Steven Schmidt, Director Technology Platforms Materials at REHAU, explaining the motivation for working with the AZL and the industry consortium. "As one of the 50 Sustainability & Climate Leaders, we at REHAU are incorporating environmentally friendly materials into more and more products. Wherever the company is active - from the furniture and construction industries to the automotive industry - REHAU is already developing and manufacturing high-quality products from recycled raw materials. By 2025, REHAU plans to increase its recycling rate across the Group to significantly more than 15 percent and at the same time reduce CO2 emissions by at least 30 percent," adds Dr. Steven Schmidt.

Bio-composites will also be the topic of the upcoming Lightweight TechTalk by AZL on September 29, 2020. Experts from industry and academia will give technology and market insights on sustainability and recycling of composites in 6 presentations. Registration is free of charge at: https://azl-aachen-gmbh.de/termine/recycling-of-composites/.

The kick-off of the project will take place on October 22nd, 2020 in the form of a video conference. Further background information on the project can be found under the following link: https://azl-aachen-gmbh.de/wp-content/uploads/2020/09/2020-251_OP_Bio-Bases_Composites.pdf

Baldwin installs six precision spray systems in 60 days for textile manufacturers (c) Baldwin Technology Company Inc.
Baldwin’s TexCoat G4 precision spray system produces ideal results in fabric finishing, because the exact required amount of water and chemistry is always applied.
22.09.2020

Baldwin: six precision spray systems in 60 days for textile manufacturers

  • Fabric finishing and sanforization systems installed in the US and Turkey to enhance productivity

ST. LOUIS - Baldwin Technology Company Inc. has successfully installed six new fabric finishing and sanforizing precision spray systems in the US and Turkey. Despite the COVID-19 pandemic, the installations were completed in just 60 days, thanks to close collaboration between onsite Baldwin textile team members, local agents and remote support from the company’s product and technology center in Sweden.
For textiles, non-wovens and technical textiles, Baldwin’s precision spray technology processes a wide range of low-viscosity water-based chemicals, such as softeners, anti-microbial agents, water repellents, oil  repellents, flame retardants and more.

  • Fabric finishing and sanforization systems installed in the US and Turkey to enhance productivity

ST. LOUIS - Baldwin Technology Company Inc. has successfully installed six new fabric finishing and sanforizing precision spray systems in the US and Turkey. Despite the COVID-19 pandemic, the installations were completed in just 60 days, thanks to close collaboration between onsite Baldwin textile team members, local agents and remote support from the company’s product and technology center in Sweden.
For textiles, non-wovens and technical textiles, Baldwin’s precision spray technology processes a wide range of low-viscosity water-based chemicals, such as softeners, anti-microbial agents, water repellents, oil  repellents, flame retardants and more.

These systems enable fabric producers to significantly reduce chemical and water consumption, while speeding up production times and eliminating production steps, including drying and bath changeovers when switching fabric colors. “Our customers are major manufacturers in fabric dying, finishing and remoistening, and we want to provide outstanding service and support—even in times like this,” said Rick Stanford, Business Development Leader at Baldwin and the commercial leader of the US installations. “Not only does our precision spray technology enhance productivity in their process, but there is also zero waste, which goes hand-in-hand with the increased sustainability focus in the textile industry.”

In North Carolina, two new TexCoat G4 precision spray systems are now in production with major international vertical manufacturers of outdoor living, performance fabrics and automotive fabrics. In Georgia, a major vertical manufacturer of workwear and protective fabrics installed a sanfor precision spray system, which has helped the customer obtain deeper penetration of moisture into fabrics treated with durable water repellents. In Turkey, three new TexCoat G4 systems were installed in Çorlu, northwest of Istanbul, for a large producer of knit fabrics, such as T-shirts. “In Turkey, the manufacturer purchased and installed one TexCoat G4 system before COVID-19, and the customer was so pleased with the results that, during the pandemic, three more were purchased,” said Simone Morellini, Sales Manager- EMEAR at Baldwin and the commercial leader of the Turkish installations. “The systems were manufactured and installed during the lockdown, and now, all four systems are up and running, and being used heavily on a daily basis.” “With the success we have seen, we plan to apply the same strategies for upcoming installations, including the next one in Honduras: strong local management and customer coordination, combined with  effective remote support during the installation,” said Stanford.

Source:

Baldwin Technology Company Inc.

Acafintex looks to a bright future with new Monforts technology (c) AWOL Media
Acafintex father and son ownership team Don Francisco and Lic Francisco Moyano at the new Monforts installation.
14.09.2020

Acafintex looks to a bright future with new Monforts technology

At a total length of over 71 metres, the Montex finishing line that has just been installed by Monforts for Acafintex at its plant in Puebla, Mexico, is one of the highest capacity stenters the German technology leader has delivered to date.

Puebla is known as the epicentre of Mexico’s textile and clothing industry and is ideally placed for supplying both the USA and Europe, being three hours from the Gulf of Mexico for shipping via the Atlantic, and five hours from the Pacific coast as well.

Mexico's textile and clothing industry spans the entire production chain – from cotton growing and man-made fibre production to the manufacture of yarn, fabric, finished clothing and accessories. The industry is estimated to directly employ around 640,000 workers and to provide livelihoods for many more people indirectly. The country is a key supplier of textiles and clothing to the USA, but has faced fierce competition from China, which has until recently been the largest supplier of textiles and clothing to the US market.

At a total length of over 71 metres, the Montex finishing line that has just been installed by Monforts for Acafintex at its plant in Puebla, Mexico, is one of the highest capacity stenters the German technology leader has delivered to date.

Puebla is known as the epicentre of Mexico’s textile and clothing industry and is ideally placed for supplying both the USA and Europe, being three hours from the Gulf of Mexico for shipping via the Atlantic, and five hours from the Pacific coast as well.

Mexico's textile and clothing industry spans the entire production chain – from cotton growing and man-made fibre production to the manufacture of yarn, fabric, finished clothing and accessories. The industry is estimated to directly employ around 640,000 workers and to provide livelihoods for many more people indirectly. The country is a key supplier of textiles and clothing to the USA, but has faced fierce competition from China, which has until recently been the largest supplier of textiles and clothing to the US market.

However, the position of Mexico in the US import market has become more stable following the signing of the United States-Mexico-Canada Agreement (USMCA), which came into force in July this year. The country has also been a key beneficiary of the current trade war that is raging between China and the USA.

In addition, there is scope for higher sales in Mexico’s domestic market. The country has a population of 129 million people who are becoming increasingly prosperous, with a large proportion of younger people who are spending more on clothing.

Flexible operation

Founded in 1986, family-owned Acafintex operates as a commission dyehouse, finishing both knitted and woven fabrics for local companies in Mexico, in widths of between 100cm to 3.6 metres. The company is run by father and son team Don Francisco and Lic Francisco Moyano.

“We have very flexible operations for fabric finishing and also produce and sell our own fabrics for both the fashion industry and for the uniforms market,” says Don Francisco. “These days, we are increasingly finishing materials for technical textiles and for the automotive industry too. We have both local and international suppliers of both yarns and base fabrics and make sure we choose the best and most reliable sources. Exports now account for over 40% of our sales.”

European contract

With a  width of 3.8 metres, the new Monforts Montex line at Acafintex is equipped with no less than 12 double TwinAir drying chambers to meet the requirements of specific technical textiles to a European customer, in a contract secured following the company’s ISO 9001 certification in 2019. The line is equipped with an integrated heat recovery system and also benefits from an exhaust air cleaning system to ensure the most resource-efficient processing available on the market.

On the Monforts TwinAir system, the airflows above and below the fabric being dried can be regulated completely independently of each other, with Optiscan Auto-Balance fully controlling the distance between the fabric and the dryer nozzles via variable-frequency fan motors and CCD chip evaluation. As a result, the evaporation rate of the stenter and its energy utilisation are always fully optimised. Contact-free drying eliminates the possibility of fabric marking or stitch draft.

Highly-intuitive Monforts Qualitex visualisation software allows all machine functions and process parameters to be assessed and controlled easily, and thousands of article specific settings and formulations to be called up at any time – with 100% reproducible results.

In combination with an existing Montex stenter, the new line has expanded finishing capacity at Acafintex to an annual 20 million linear metres.

Modifications

“From the installation to the start-up, we were supported by a team of Monforts technicians and local representative Arnulf Thaler at Sattex here in Mexico,” says Lic Francisco. “Of course, every installation has its challenges and with such big machines we needed to modify several things inside the factory and also required certain modifications from Monforts which were all carried out successfully.”  

Forced, like much of the textile industry globally, to temporarily suspend operations at the height of the Covid-19 pandemic, Acafintex is now back to full production, having installed the necessary safety measures for its employees, and is anticipating a bright future.

“We are passionate about developing new materials in search of mutual benefit for both our clients and suppliers, as well as our own workforce and the environment,” Don Francisco Moyano concludes. “Investment in the latest technology like this new Monforts line plays a key role in helping us achieve our long-term goals.”

 ATLAS: cutting-edge technology for sustainable vehicle acoustics (c) Autoneum Management AG
Messsystem ATLAS
27.08.2020

ATLAS: cutting-edge technology for sustainable vehicle acoustics

For more than 50 years, vehicle manufacturers have relied within their model development on Autoneum’s measuring systems for vehicle acoustics. With ATLAS, Autoneum has now added another particularly powerful device to the portfolio: Thanks to the efficient and reliable measurement methodology, noise-reducing vehicle components and materials can be analyzed and developed faster and with a significantly lower need for resources in the future.

For more than 50 years, vehicle manufacturers have relied within their model development on Autoneum’s measuring systems for vehicle acoustics. With ATLAS, Autoneum has now added another particularly powerful device to the portfolio: Thanks to the efficient and reliable measurement methodology, noise-reducing vehicle components and materials can be analyzed and developed faster and with a significantly lower need for resources in the future.

With the ongoing electrification of vehicles and trends like autonomous driving, future car generations will no longer be used solely for transport – remote working and recreation will equally play a key role. This requires a vehicle interior that is as noiseless as possible. In order to identify and insulate potential internal and external sound sources already in the pre-development of new models, car manufacturers around the world rely on Autoneum’s highly specialized measurement tools. The newly launched ATLAS – short for “Airborne Transmission Loss Analysis System” – measures the acoustic insulation and transmission loss of components such as carpets, inner dashes and floor insulators. This allows customers to assess noise-reducing parts within minutes and select acoustic components tailored to their needs.

ATLAS sets new testing standards in this regard. While developers previously had to analyze the NVH behavior (noise, vibration, harshness) of interior parts using material samples of around one square meter in size, ATLAS makes this process faster, cheaper and more environmentally-friendly. It enables measurements of small samples with a diameter of no more than ten centimeters, which substantially decreases the amount of material used. Thanks to its four highly sensitive microphones, only two trials are required to collect precise and valid test data, making the system developed at Autoneum’s research center in the Swiss city of Winterthur especially suitable for quality assurance and repeatability of the results obtained. Users also benefit from time savings of up to 50 percent compared to the previous testing standard.

Autoneum’s measurement systems represent the global industry standard and are used successfully by vehicle manufacturers, automotive suppliers and research institutions alike. The Company is therefore not only making a significant contribution to the mobility of the future with its noise-reducing products, but now with ATLAS as well.

Source:

Autoneum Management AG

28.07.2020

Autoneum: Corona-related slump in revenue – bottom point overcome

The coronavirus pandemic and its massive impact on the automotive industry led to an un-precedented market slump in the first half of 2020 and a corresponding revenue decline at Autoneum. Revenue in local currencies fell by –32.7% compared to the prior-year period, and in Swiss francs by –36.8% to CHF 730.6 million. The turnaround program for the North American sites made further progress in the first six months and is showing the targeted results. However, they were clearly overcompensated by the massive impact of the corona-virus crisis, which led to a negative net result of CHF –54.9 million despite comprehensive cost flexibilization measures.

The coronavirus pandemic and its massive impact on the automotive industry led to an un-precedented market slump in the first half of 2020 and a corresponding revenue decline at Autoneum. Revenue in local currencies fell by –32.7% compared to the prior-year period, and in Swiss francs by –36.8% to CHF 730.6 million. The turnaround program for the North American sites made further progress in the first six months and is showing the targeted results. However, they were clearly overcompensated by the massive impact of the corona-virus crisis, which led to a negative net result of CHF –54.9 million despite comprehensive cost flexibilization measures.

Like the entire automobile industry, Autoneum was massively impacted by the effects of the corona-virus pandemic in the first half of the year. The temporary plant closures at almost all customers in every region, especially in the second quarter of the year, not only led to an unprecedented market collapse, but also to a production stop at all 55 Autoneum sites. Starting in February in China and one month later in all other regions, vehicle manufacturers temporarily shut down production completely. The corresponding massive drop in global vehicle production led to a slump in revenue at Autoneum of –32.7% in local currencies. This reflects the development of the market in the first half of 2020, which contracted by –33.2% year-on-year. Revenue in Swiss francs at Autoneum fell by –36.8% to CHF 730.6 million (prior-year period: CHF 1 156.1 million). Revenue development in all Business Groups outperformed the respective markets, particularly in Asia and the SAMEA (South America, Middle East and Africa) region.


 Like the entire automobile industry, Autoneum was massively impacted by the effects of the corona-virus pandemic in the first half of the year. The temporary plant closures at almost all customers in every region, especially in the second quarter of the year, not only led to an unprecedented market collapse, but also to a production stop at all 55 Autoneum sites. Starting in February in China and one month later in all other regions, vehicle manufacturers temporarily shut down production com-pletely. The corresponding massive drop in global vehicle production led to a slump in revenue at Autoneum of –32.7% in local currencies. This reflects the development of the market in the first half of 2020, which contracted by –33.2% year-on-year. Revenue in Swiss francs at Autoneum fell by –36.8% to CHF 730.6 million (prior-year period: CHF 1 156.1 million). Revenue development in all Business Groups outperformed the respective markets, particularly in Asia and the SAMEA (South America, Middle East and Africa) region.

Autoneum promptly responded to the pandemic-related market slump by adopting extensive cost-cutting measures in all regions. These include the reduction of employee costs by, among other things, adjusting time accounts, introducing short-time work at eligible locations and temporary layoffs as well as headcount reduction, mainly among temporary workers. In addition, operating expenditures were limited to the absolutely necessary. The investment volume for 2020, already reduced from previous years, was downsized even further. Autoneum continues to benefit in this regard from the high level of investments undertaken in recent years.

 Although the coronavirus crisis and the measures taken to contain it dominated Autoneum’s course of business in the first half of 2020, the Company achieved necessary operational and financial im-provements during this period. The comprehensive turnaround program for the North American sites made further progress and is on track. Efficiency improvements already achieved there had a posi-tive effect on the figures of the first half-year, but were significantly overcompensated by the substan-tial impact of the COVID-19 crisis. Savings and cost flexibilization measures taken immediately and implemented worldwide in view of the revenue loss could not offset the ongoing, capacity-related fixed costs. This led at the Group level to a negative EBIT of CHF –31.8 million (prior-year period: CHF 16.4 million), which equates to an EBIT margin of –4.4% (prior-year period: 1.4%). The net result decreased because of the severe revenue shortfall to CHF –54.9 million (prior-year period: CHF –6.0 million).

Outlook
For 2020 Autoneum expects revenue to develop at market level. Although customers’ production volumes should increase again in the second half of 2020 compared with the first semester, latest fore-casts indicate that they will remain clearly below the level of the second half of 2019. Immediately implemented and ongoing cost reduction measures as well as further operational optimizations also within the turnaround program in North America will lead to improvements in the second half of the year. Due to the current uncertainties, a reliable statement on the net result for the full year 2020 thus cannot be made. With regard to the mid-term targets, a recovery of the profitability level is expected, but it will largely depend on the market development.

Source:

Autoneum Management AG

Sustainable leadership for GtA with new Monforts Montex wide width lines (c) AWOL Media
GtA Managing Director Andreas Niess
27.07.2020

Sustainable leadership for GtA with new Monforts Montex wide width lines

Following the successful commissioning of two new Monforts Montex wide-width stenter lines and additional environmental management equipment at its plant in Germany, GtA – Society for Textile Equipment GmbH – is aiming to be the first textile finishing company to become entirely CO2-neutral in the manufacture of all of its products by 2025.

GtA is a partner company to Germany’s large-format digital printing fabric leader, Georg and Otto Friedrich GmbH, which has has this year been able to considerably expand its portfolio due to the new Monforts lines.

Headquartered in Gross-Zimmern, close to Frankfurt, Georg and Otto Friedrich GmbH and its partners in Germany have an annual production of 37 million square metres of warp knits for a range of end-use applications, including garments, automotive interiors and technical textiles, but increasingly with a concentration on digital printing substrates.

Fault-free textiles

Following the successful commissioning of two new Monforts Montex wide-width stenter lines and additional environmental management equipment at its plant in Germany, GtA – Society for Textile Equipment GmbH – is aiming to be the first textile finishing company to become entirely CO2-neutral in the manufacture of all of its products by 2025.

GtA is a partner company to Germany’s large-format digital printing fabric leader, Georg and Otto Friedrich GmbH, which has has this year been able to considerably expand its portfolio due to the new Monforts lines.

Headquartered in Gross-Zimmern, close to Frankfurt, Georg and Otto Friedrich GmbH and its partners in Germany have an annual production of 37 million square metres of warp knits for a range of end-use applications, including garments, automotive interiors and technical textiles, but increasingly with a concentration on digital printing substrates.

Fault-free textiles

A new standard in pure white, 100% clean and fault-free textile substrates has been demanded by this market in recent years due to the rapid growth in digitally-printed banners and billboards – often referred to as ‘soft signage’.

The substrates of choice for digital printing are 100% polyester warp knits which are resilient and allow excellent take-up of inks, and vibrant colours and clear and precise images to be achieved with digital printing techniques. The knitted construction also has the advantage of elasticity, which is a plus in terms of flexibility for installers.

Critically, the warp knitted fabrics have extremely smooth surfaces which is becoming increasingly important due to the general move away from PVC coatings which were the standard in the past.

It was to finish these fabrics for Georg and Otto Friedrich GmbH as well as providing such services for many other customers, that the GtA plant in Neresheim, Baden-Württemberg, was established in 2015.

The purpose-built plant on a greenfield site was initially equipped with a fully-automated, 72 metre long Monforts installation comprising a washing machine integrated with a 3.6 metre wide, seven-chamber Montex stenter. The line quickly went from single to double shift production and then to 24/7 operation  to meet demand.

Expanded widths

Building on the success of this installation, GtA has now installed two more Montex stenter lines – both in expanded working widths of 5.6 metres and purpose-built at Montex GmbH in Austria.

A six-chamber Montex unit is combined with a washing machine to guarantee the purity of the substrates, while a five-chamber line is integrated with a wide-width coating machine. This new coating capability at GtA has led to a number of new additions to the Georg and Otto Friedrich DecoTex range for digital printing, including wide width fabrics with flame retardant, antimicrobial and non-slip finishes.

The new Montex stenter lines benefit from all of the latest innovations from Monforts, including the Smart Sensor system for the optimised maintenance planning of key mechanical wear components on the stenters. A comprehensive overview of the condition of all parts at any time is now available for operators within the highly intuitive Qualitex visualization software.

With Qualitex, all article-specific settings can be stored and the formulations for thousands of treatment processes called up again at any time. Individual operators can also personalise their dashboards with the most important machine functions and process parameters.

Environmental commitment

GtA is run by a seasoned team of textile professionals led by Managing Director Andreas Niess.

“We have received excellent service from Monforts from the outset and we were happy to place the order for these two new lines as part of our ongoing cooperation,” he says. “With all of the latest Monforts advances in technology we are fully in control of all production and quality parameters with these lines, as part of our significant commitment to innovative environmental technology.”

The GtA plant, which operates in near-cleanroom conditions, has also been equipped with proprietary technology to fully exploit the Monforts air-to-air heat recovery systems that are now standard with Montex stenters.

“Around 30 per cent of our investment volume at the site goes to energy-saving measures and we are sure that this commitment is worthwhile,” Mr Niess says. “As an example, our integrated heat recovery system fully exploits the waste heat from the process exhaust air and the burner exhaust gases of the Monforts stenters, allowing us to achieve an exhaust air temperature of  between 30 to 34°C, compared to what would conventionally be between 140 to 160°C. Another focus has been on exhaust air purification technology and here too, the latest technology has been installed with integrated heat recovery elements.”

This, he adds, saves 52% of the energy that would normally be used – equating to 5,800,000 KwH per year. The necessary audits for energy-efficient companies are also carried out annually.

In addition, GtA has purpose-designed the automatic chemical mixing and dosing systems that feed the padders for the key treatments that are carried out on the fabrics through the stenters.

The company is going further, however, in its pursuit of clean production and raw materials.

"We want to be an asset and not a burden on our immediate environment and therefore do not use any additives containing solvents," Mr Niess says. “We were the first to use fully halogen-free flame retardant chemistry, and we use bio-based, finely ground alumina products for the washing process instead of surfactants. PES polyester yarns made from recycled material are also increasingly used and the latest additions to our raw materials portfolio, the RC-Ocean products, are made from recycled sea plastic.

“We are now planning a combined heat and power plant for the production of electrical energy and heat and we will also build a photovoltaic system that converts solar radiation into electrical energy. GtA wants to be the first textile finishing company to be CO2-neutral in the manufacture of all of its products by 2025. The complete heat supply and heating for the 13,000 square metre production hall, as well as the office building and the hot water supply for the domestic water, is already energy-neutral. We are convinced that this commitment will pay off in the long term and our positive business development proves that sustainability and business profitability are perfectly compatible.”

In addition to the products for Georg and Otto Friedrich GmbH, GtA  offers its manufacturing capacities for other customers as a contract service.

All products are manufactured in accordance with Öko-Tex Standard 100, product class 1 and the company is also involved in the research and development of new sustainable manufacturing processes, in cooperation with many regional universities and funding project partners.

Source:

AWOL Media for A. Monforts Textilmaschinen GmbH & Co. KG

Oerlikon Barmag: Largest single industrial yarn order (c) Oerlikon Barmag
And the new Oerlikon Barmag systems at Fujian Billion will also be used to manufacture yarns for the automotive sector.
23.07.2020

Oerlikon Barmag: Largest single industrial yarn order

  • Textile yarn manufacturer Fujian Billion kicks off industrial yarn production

Remscheid – from the end of this year, the southern Chinese yarn manufacturer Fujian Billion Polymerization Technology Industrial Co., Ltd. will be producing industrial yarns using systems supplied by Oerlikon Barmag. With this, the company – considered to be the largest polyester yarn manufacturer in southern China – is now also entering the industrial yarn market.

With 124 positions and a capacity of around 250,000 tons per annum, this project is the largest single industrial yarn order placed with Oerlikon Barmag to date. And with this order, the southern Chinese yarn manufacturer instantly positions itself as one of the ten largest Chinese industrial yarn producers. “The systems at Fujian Billion come with our latest draw unit design, which has been optimized for use with Oerlikon Barmag automation solutions”, comments Roy Dolmans, Head of Development for the Industrial Yarn Process. As a result, the newcomer in the industrial yarn sector is now superbly equipped for the future.

  • Textile yarn manufacturer Fujian Billion kicks off industrial yarn production

Remscheid – from the end of this year, the southern Chinese yarn manufacturer Fujian Billion Polymerization Technology Industrial Co., Ltd. will be producing industrial yarns using systems supplied by Oerlikon Barmag. With this, the company – considered to be the largest polyester yarn manufacturer in southern China – is now also entering the industrial yarn market.

With 124 positions and a capacity of around 250,000 tons per annum, this project is the largest single industrial yarn order placed with Oerlikon Barmag to date. And with this order, the southern Chinese yarn manufacturer instantly positions itself as one of the ten largest Chinese industrial yarn producers. “The systems at Fujian Billion come with our latest draw unit design, which has been optimized for use with Oerlikon Barmag automation solutions”, comments Roy Dolmans, Head of Development for the Industrial Yarn Process. As a result, the newcomer in the industrial yarn sector is now superbly equipped for the future.

The well-known company – located in the Chinese Fujian Province – will be predominantly manufacturing high-tenacity (HT) and low-shrinkage (LS) yarns from the end of this year. These sophisticated yarns are deployed both in the automotive, geotextiles and safety sectors (HT yarns) and in the manufacture of coated industrial textiles such as truck tarpaulins and tents (LS yarns).

Founded in Jinjiang, Quanzhou, in 2003, Fujian Billion Polymerization Technology Industrial Co., Ltd. is one of the top 500 privately-owned enterprises in China. Annually, the yarn manufacturer produces around 2.8 million tons of filament yarn and ethylene-propylene side-by-side (ES) fibers.

30.06.2020

Autoneum realigns financing sustainably

Due to the COVID 19 crisis and its significant impact on the automotive industry and Autoneum's course of business, the Company and a bank consortium have amended the existing long-term credit agreement in the amount of CHF 350 million, amongst others with regard to the financial covenants.

At the same time, the two major shareholders Michael Pieper and Peter Spuhler have  agreed to extend the term of the subordinated loans of CHF 20 million each, granted in December 2019, subject to the financial performance of Autoneum Group and aligned with the credit agreement with the bank syndicate. As a result, Autoneum's liquidity and long-term financing continue to be secured on a sustainable basis.

Due to the COVID 19 crisis and its significant impact on the automotive industry and Autoneum's course of business, the Company and a bank consortium have amended the existing long-term credit agreement in the amount of CHF 350 million, amongst others with regard to the financial covenants.

At the same time, the two major shareholders Michael Pieper and Peter Spuhler have  agreed to extend the term of the subordinated loans of CHF 20 million each, granted in December 2019, subject to the financial performance of Autoneum Group and aligned with the credit agreement with the bank syndicate. As a result, Autoneum's liquidity and long-term financing continue to be secured on a sustainable basis.

More information:
Covid-19 Autoneum
Source:

Autoneum Management AG

Oerlikon Barmag systems convince with product diversity (c) Oerlikon
From super-low-shrinkage (SLS) through to high-tenacity (HT): depending on the configuration, Oerlikon Barmag systems are suitable for manufacturing industrial yarns with the most diverse properties.
25.06.2020

Oerlikon Barmag systems convince with product diversity

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

As a quality-conscious industrial yarn producer, Kingsway has been manufacturing its sophisticated, high-end yarns on Oerlikon Barmag filament yarn systems since 2015. Alex Yang Yu Long, CEO of Kingsway, is proud of relying on engineering artistry from Remscheid: “As expected, the yarns are first-class in terms of quality. Our products are used in safety equipment, sometimes in situations where lives depend on them. Therefore, there can be no compromises. To this end, we select our partners with the utmost care."

More information:
Oerlikon yarn industrial yarns
Source:

Oerlikon Manmade Fibers

10.06.2020

“Autoneum Pure.”: new sustainability label for products

Technologies with an excellent environmental performance throughout the entire product life cycle – that is what “Autoneum Pure.” stands for. In future, components that meet the highest standards in terms of sustainability and eco-friendliness can be identified at a glance under this label. This also includes the innovation “Mono-Liner” for wheelhouse outer liners.

As innovation leader in acoustic and thermal management, Autoneum continuously invests in the development and production of resource-saving components that make cars lighter and thus more climate-friendly. In view of an increasing sustainability awareness and the correspondingly greater information needs on environmentally-friendly vehicle components, the Company has now launched Autoneum Pure. The label determines particularly sustainable technologies, thereby guiding car manufacturers in product selection for future models.

Technologies with an excellent environmental performance throughout the entire product life cycle – that is what “Autoneum Pure.” stands for. In future, components that meet the highest standards in terms of sustainability and eco-friendliness can be identified at a glance under this label. This also includes the innovation “Mono-Liner” for wheelhouse outer liners.

As innovation leader in acoustic and thermal management, Autoneum continuously invests in the development and production of resource-saving components that make cars lighter and thus more climate-friendly. In view of an increasing sustainability awareness and the correspondingly greater information needs on environmentally-friendly vehicle components, the Company has now launched Autoneum Pure. The label determines particularly sustainable technologies, thereby guiding car manufacturers in product selection for future models.

Autoneum Pure is based on a comprehensive set of criteria assessing the sustainability performance of a product in all four phases of its life cycle: material procurement, production, use and end of life. For example, components with a high content of recyclable materials or those that achieve significant weight savings compared to comparable standard components qualify for the “Autoneum Pure.” label. Autoneum already offers various multifunctional technologies that meet the high standards for Autoneum Pure products: Ultra-Silent for underbody systems or battery undercovers, Di-Light for carpet systems, Prime-Light and IFP-R2 for inner dashes and floor insulators as well as Hybrid-Acoustics PET for e-motor encapsulations and engine-mounted parts, which was launched in fall 2019.

With Mono-Liner, the latest innovation for wheelhouse outer liners is also included in the Autoneum Pure portfolio. Among other things, the Mono-Liner-based components convince thanks to their lightweight construction, thereby contributing to lower vehicle weight with correspondingly less fuel consumption and emissions. The excellent life cycle assessment is also based on their particularly resource-saving manufacturing: Production cut offs of the components, which consist to a large extent of recycled PET fibers, can be processed into pellets and completely returned to the manufacturing process as fibers. An SUV and a crossover model from a US vehicle manufacturer already benefit from Mono-Liner wheelhouse outer liners.

Anahid Rickmann, Head of Corporate Communications & Responsibility, explains: “With Autoneum Pure we are the first automotive supplier to establish a sustainability label in the field of acoustic and thermal management. Autoneum Pure is part of the Company's Advance Sustainability  Strategy 2025 and sets industry standards in product communication.”

Source:

Autoneum Holding AG

Start of 3-years Interreg cross-border project AACOMA  is kicked-off (c) AMAC GmbH
AMAC-Standortkarte
13.05.2020

Start of 3-years Interreg cross-border project AACOMA is kicked-off

  • AACOMA - Accelerate advanced composite manufacturing
  • EMR Region Belgium, the Netherlands & Germany area hot spot for the future of lightweight materials and technologies

The Euregio Meuse-Rhine provides a huge potential with its many highly innovative, leading companies and especially SMEs which are active in the area of advanced material manufacturing in many industrial sectors, such as Automotive, Aerospace, Electronics, Building and Infrastructure, etc. The advanced material sector is growing, with a consolidated offer, ranging from raw material producers over technology development to production, research and development as well as industrial OEMs.

Interreg Euregio Meuse-Rhine invests EUR 96 million from the European Regional Development Fund (ERDF) in the period 2014-2020. Through the investments in cross-border projects, the European Union invests in the economic development, innovation, territorial development and social inclusion and education of this region.

Project

  • AACOMA - Accelerate advanced composite manufacturing
  • EMR Region Belgium, the Netherlands & Germany area hot spot for the future of lightweight materials and technologies

The Euregio Meuse-Rhine provides a huge potential with its many highly innovative, leading companies and especially SMEs which are active in the area of advanced material manufacturing in many industrial sectors, such as Automotive, Aerospace, Electronics, Building and Infrastructure, etc. The advanced material sector is growing, with a consolidated offer, ranging from raw material producers over technology development to production, research and development as well as industrial OEMs.

Interreg Euregio Meuse-Rhine invests EUR 96 million from the European Regional Development Fund (ERDF) in the period 2014-2020. Through the investments in cross-border projects, the European Union invests in the economic development, innovation, territorial development and social inclusion and education of this region.

Project

The Euregio Meuse-Rhine is a potential hot-spot for the further development of advanced material and process technologies. Technical Centers and Institutes around Aachen/Germany, Liège/Belgium and Eindhoven/The Netherlands were awarded with this new project AACOMA.

Innovative material design and advanced manufacturing provide large opportunities for SMEs. The AACOMA project kick-off took place in Aachen at the Campus of the RWTH University of technology in 1 Q 2020. The aim of the project, which is running for 3 years until 2023 with a budget of €3 Mio, is to connect SMEs with innovation hot-spots like institutes and technical centers.
Seven partners from all three regions will carry the project out: Centexbel is the project leader and gets support by University of Liège, Sirris and Flanders Make from Belgium, as well as Fontys University of Applied Science and AMIBM of Maastricht University in the Netherlands and AMAC in Germany.

Statements

Bernard Paquet, Project Coordinator from Centexbel/ Belgium stated:
“Centexbel, with a strong experience in textile and composites, will identify with its Interreg partners and an advisory board of international experts several demonstrators which will enable an accelerated advanced manufacturing of composite parts. This could include new materials and intermediates, high performance additives, bio-based products and new composites by additive manufacturing”.

Michael Effing, Managing Director of AMAC/ Germany said:
“The major goal of the project is to connect around 200 innovative SMEs with each other and establish the links to the world-class institutes in the EMR region. We will facilitate 6 roadshow events, addressing key topics like automated manufacturing, additive manufacturing or bio-based material systems combined with match making and training events. The first roadshow will be held on September 24, 2020 at the Aachen Campus of the RWTH University of Technology.”

Prof. Gunnar Seide from the AMIBM/The Netherlands continued:  
“Our AMIBM offers already an international master program on bio-based materials. The AACOMA project will be an important element for transborder research and will identify new players in the value chain coming from the EMR region. Innovative companies find markets for their new bio-based building blocks, chemicals and polymers. Their success stories and upcoming technological breakthroughs are needed for a sustainable future.”

 

(c) BMW Group
21.04.2020

SGL Carbon receives contract for battery enclosure from BMW Group

  • New composite e-Mobility application
  • Multi-year substantial contract

After prototypes for a Chinese automotive manufacturer, a major order from a North American automaker, and yet another order for a European sports car manufacturer, SGL Carbon has now been nominated by BMW Group to produce a cover component for battery enclosures in series. This substantial multi-year order will include the production of an innovative glass-fiber-based cover plate for the battery housing for usage in a future plug-in hybrid model of BMW Group.

  • New composite e-Mobility application
  • Multi-year substantial contract

After prototypes for a Chinese automotive manufacturer, a major order from a North American automaker, and yet another order for a European sports car manufacturer, SGL Carbon has now been nominated by BMW Group to produce a cover component for battery enclosures in series. This substantial multi-year order will include the production of an innovative glass-fiber-based cover plate for the battery housing for usage in a future plug-in hybrid model of BMW Group.

Materials made of composites are suited for battery enclosures for different reasons: Besides their light weight, which enhances the electric vehicle’s range, fiber-reinforced plastics offer high stiffness. In addition, they meet high requirements for water and gas tightness and feature excellent fire protection properties. Composite materials can also help to achieve improved structural stiffness of the underbody, e.g. to protect against penetration, as well as an optimized thermal management. Carbon fibers are ideal for especially stressed structures or load-bearing elements, such as the underbody panels and side frames. For components subjected to less stress, such as battery box covers, glass fibers or a fiber mix may suffice.

In addition to the new application for the hybrid model battery enclosure, SGL Carbon will continue producing the usual components made of carbon-fiber-reinforced plastic for the BMW i3 and delivering materials for the Carbon Core body of the BMW 7 series, and has been nominated as the supplier for all carbon materials - fibers, textiles, stacks - for the BMW iNEXT, set to be launched in 2021.

Source:

SGL CARBON SE

01.04.2020

Perlon® production is still running at all sites

Perlon®, A Serafin Group company is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of COVID-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity to fulfill all our customer orders. In particular, in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

Perlon®, A Serafin Group company is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of COVID-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity to fulfill all our customer orders. In particular, in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

In the current situation, the company is doing everything it can to fulfill its’ responsibility as an employer and also as a business partner. Therefore all hygiene measures at all our sites have been significantly increased so that our employees are protected as well as possible. There is hand sanitizer in every department and all of our production lines are disinfected several times a day. It has been explained to employees, what they should do in the current climate in order to minimize risk. Where possible employees are able to work from home. Perlon® has approximately 650 employees in Germany, over 80 in the USA and more than 100 in China.

High demand for monofilament for the paper industry.

The paper industry is currently experiencing a rise in demand worldwide – and Perlon® is also benefitting from this, as customers need even more high-quality monofilament and twisted yarns for the tensioning of paper machines. For the paper machine clothing field, Perlon® produced filaments are used to manufacture press fabric, which can be used either as a conveyor belt or for moisture removal on a paper production line. Due to the high mechanical strain through the presses, polyamide monofilaments or twisted yarns are therefore almost always used. Paper industry customers have increased their production recently. Whether it’s boxes to cope with the increased demand for online deliveries or paper for hygiene purposes (which everybody can identify with), there is an increased demand worldwide. The dental, hygiene and food preparation fields are also experiencing increased demand. To this end, Perlon® offers filaments for the manufacture of toothbrushes and high-quality cleaning system brushes.

More information:
Perlon Coronavirus
Source:

Perlon

Logo Perlon-Group
Perlon can continue with its production
30.03.2020

Perlon® production is still running at all sites in Germany, the USA and China

Perlon®, a Serafin Group company, is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of Covid-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity. In particular in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

Perlon®, a Serafin Group company, is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of Covid-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity. In particular in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

To manage the current situation responsibly, all hygiene measures at all our sites have been significantly increased so that the employees are protected as well as possible. There is hand sanitizer in every department and all of our production lines are disinfected several times a day. It has been explained to employees, what they should do in the current climate in order to minimise risk. Where possible employees are able to work from home. Perlon® has approximately 650 employees in Germany, over 80 in the USA and more than 100 in China.

High demand for monofilament for the paper industry
The paper industry is currently experiencing a rise in demand worldwide – and Perlon® is also benefitting from this, as customers need even more high quality monofilament and twisted yarns for the tensioning of paper machines. For the paper machine clothing field, Perlon® produced filaments are used to manufacture press fabric, which can be used either as a conveyor belt or for moisture removal on a paper production line. Due to the high mechanical strain through the presses, polyamide monofilaments or twisted yarns are therefore almost always used. Paper industry customers have increased their production recently. Whether it’s boxes to cope with the increased demand for online deliveries or paper for hygiene purposes (which everybody can identify with), there is an increased demand worldwide. The dental, hygiene and food preparation fields are also experiencing increased demand. To this end, Perlon® offers filaments for the manufacture of toothbrushes and high quality cleaning system brushes.

More information:
corona virus Perlon filament
Source:

Perlon®

23.03.2020

autoneum: Coronavirus pandemic massively impacts course of business

The corona pandemic has a significant impact on the global economy and thus also on the global automotive industry. The temporary plant closures at almost all customers in all regions will result in a revenue decline at Autoneum in the current year, the extent of which cannot yet be estimated.

In addition to the ongoing cost-saving programs, Autoneum has therefore decided on a comprehensive set of measures to further increase the flexibility of personnel and material expenses. This includes staff adjustments, e.g. by reducing the number of temporary employees in plants. In addition, short-time work at the Swiss sites, the Group’s headquarters in Winterthur and at the Sevelen plant (canton of Sankt Gallen), as well as short-time work in some other European countries and temporary closures of production facilities in various regions in line with those of customers are being implemented. With these measures, Autoneum is at the same time making its contribution to protecting the workforce, breaking chains of infection and containing the spread of this pandemic.

The corona pandemic has a significant impact on the global economy and thus also on the global automotive industry. The temporary plant closures at almost all customers in all regions will result in a revenue decline at Autoneum in the current year, the extent of which cannot yet be estimated.

In addition to the ongoing cost-saving programs, Autoneum has therefore decided on a comprehensive set of measures to further increase the flexibility of personnel and material expenses. This includes staff adjustments, e.g. by reducing the number of temporary employees in plants. In addition, short-time work at the Swiss sites, the Group’s headquarters in Winterthur and at the Sevelen plant (canton of Sankt Gallen), as well as short-time work in some other European countries and temporary closures of production facilities in various regions in line with those of customers are being implemented. With these measures, Autoneum is at the same time making its contribution to protecting the workforce, breaking chains of infection and containing the spread of this pandemic.

Despite the above-mentioned countermeasures and in light of the advancing spread of the coronavirus, Autoneum does not expect to achieve its targets for the business year 2020. Due to the considerable uncertainties regarding the course and duration of the pandemic, no updated outlook is provided for 2020 for the time being.

Source:

Autoneum Management AG

(c) JEC group
13.03.2020

JEC group to bring composite solutions for mobility to the 2020 Detroit Auto Show

After Mondial. Tech, NAIAS 2019, and eMove 360°, JEC Group will hold the 4th Composites Pavilion at the North American International Auto Show (NAIAS) in Detroit from June 9 to 11, 2020 in a spirit of innovation, business, and networking.

At NAIAS 2020, JEC Group will highlight the latest technologies and solutions allowing the automotive industry to innovate in product design, reduce the environmental impact of emissions and improve production rates thanks to composite materials. For the first time in 2020, the Composites Mobility Summit will simultaneously include the pavilion with a showcase of innovative parts, an extensive conference program, and a composites tour. Composite materials are a key part of the future of the Mobility industry and this Summit will both demonstrate the exciting variety of their applications, and aim to push forward their use in an even more global scope.

After Mondial. Tech, NAIAS 2019, and eMove 360°, JEC Group will hold the 4th Composites Pavilion at the North American International Auto Show (NAIAS) in Detroit from June 9 to 11, 2020 in a spirit of innovation, business, and networking.

At NAIAS 2020, JEC Group will highlight the latest technologies and solutions allowing the automotive industry to innovate in product design, reduce the environmental impact of emissions and improve production rates thanks to composite materials. For the first time in 2020, the Composites Mobility Summit will simultaneously include the pavilion with a showcase of innovative parts, an extensive conference program, and a composites tour. Composite materials are a key part of the future of the Mobility industry and this Summit will both demonstrate the exciting variety of their applications, and aim to push forward their use in an even more global scope.

Within the Composite Solutions for Mobility pavilion, the displayed parts will highlight the different applications of composites for mobility such as lightweight, design freedom, aesthetics and flexibility, resistance, strength and stiffness, function integration, hybridization, fuel storage, connectivity integration and battery housing.

 

More information:
Detroit Auto Show JEC
Source:

JEC group

SGL Carbon: fiscal year 2019 (c) SGL Carbon
SGL Carbon: fiscal year 2019
12.03.2020

SGL Carbon: fiscal year 2019

Diverging development in the two business units impact fiscal year 2019 of SGL Carbon – Group guidance for 2020 confirmed

  • Consolidated sales revenues in fiscal year 2019 up by 4 percent to around 1.1 billion euros
  • Consolidated recurring EBIT down by 25 percent to 48 million euros; record results of graphite specialities business did not fully compensate for the weak development in the carbon fiber business
  • Composites – Fibers & Materials (CFM): Cyclical und structural weaknesses impact the result of the market segments Wind Energy, Textile Fibers and Industrial Applications, which have limited strategic significance in the medium term
  • Graphite Materials & Systems (GMS): Sales and earnings on record level due to strong growth in the market segments Semiconductors and Automotive
  • Non-cash impairment charge of around 75 million euros was recorded at CFM in the third quarter of 2019
  • Free cash flow significantly improved
  • Issue of a new corporate bond and early redemption of the 2015/2020 convertible bond has significantly improved the maturity profile
  • SGL Carbon confirms guidance for fiscal ye

Diverging development in the two business units impact fiscal year 2019 of SGL Carbon – Group guidance for 2020 confirmed

  • Consolidated sales revenues in fiscal year 2019 up by 4 percent to around 1.1 billion euros
  • Consolidated recurring EBIT down by 25 percent to 48 million euros; record results of graphite specialities business did not fully compensate for the weak development in the carbon fiber business
  • Composites – Fibers & Materials (CFM): Cyclical und structural weaknesses impact the result of the market segments Wind Energy, Textile Fibers and Industrial Applications, which have limited strategic significance in the medium term
  • Graphite Materials & Systems (GMS): Sales and earnings on record level due to strong growth in the market segments Semiconductors and Automotive
  • Non-cash impairment charge of around 75 million euros was recorded at CFM in the third quarter of 2019
  • Free cash flow significantly improved
  • Issue of a new corporate bond and early redemption of the 2015/2020 convertible bond has significantly improved the maturity profile
  • SGL Carbon confirms guidance for fiscal year 2020: sales expected slightly below previous year; recurring EBIT approximately 10 to 15 percent below previous year level
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: “The financial development of the fiscal year 2019 conceals the fact that our strategic orientation is correct. This is evident from our growth and the increasing number of contracts and projects we acquired in our strategic core markets. Main drivers are the topics of sustainable mobility and energy as well as digitization. Therefore, we expect that we can grow our consolidated revenue by a mid to high single-digit percentage per year on average between 2020 and 2024.“

The fiscal year 2019 developed very differently in the two business units of SGL Carbon. The record results in the graphite specialities business could not fully compensate for the weak development in the market segments Wind Energy, Textile Fibers and Industrial Applications in the carbon fiber business. Group sales grew by 4 percent to 1.1 billion euros. Recurring Group EBIT declined by 25 percent to 48 million euros. Due to the ongoing weakness in the market segments Textile Fibers and Industrial Applications the business unit CFM recorded a non-cash impairment loss of 75 million euros in the third quarter of 2019. With minus 90 (prior year: plus 41) million euros, consolidated Group result declined significantly compared to last year’s good results. The Group confirms its guidance for 2020 published in October 2019.

Group sales are expected to decline slightly compared to the prior-year level, whereas Group recurring EBIT is expected to reach a result around 10 to 15 percent below the prior-year level. Consolidated net result of the Group in 2020 should strongly improve compared to prior-year level to a low double-digit loss.

More information:
SGL Carbon
Source:

SGL Carbon

02.03.2020

TESCA announces the acquisition of Willy SCHMITZ

TESCA and Willy SCHMITZ announce that they have closed a transaction whereby TESCA is acquiring the business of Willy SCHMITZ and its operations, located in Germany.

TESCA, headquartered in Paris France, is a major supplier of automotive fabrics, value added textile parts and seating components. TESCA employs 3,500 people and operate 22 facilities globally.

Willy SCHMITZ, headquartered in Monchengladbach, Germany is a major supplier of fabrics to the German automotive manufacturers, but also to other industries, including via its affiliated company OGUS. Willy SCHMITZ employs 150 people and operates in two facilities in Germany.

“The TESCA and Willy SCHMITZ businesses are very complementary in terms of customer interface and geography”, said Carl de Freitas, TESCA CEO. “Merging our activities will provide a broader more efficient platform to support our customers globally.”

TESCA and Willy SCHMITZ announce that they have closed a transaction whereby TESCA is acquiring the business of Willy SCHMITZ and its operations, located in Germany.

TESCA, headquartered in Paris France, is a major supplier of automotive fabrics, value added textile parts and seating components. TESCA employs 3,500 people and operate 22 facilities globally.

Willy SCHMITZ, headquartered in Monchengladbach, Germany is a major supplier of fabrics to the German automotive manufacturers, but also to other industries, including via its affiliated company OGUS. Willy SCHMITZ employs 150 people and operates in two facilities in Germany.

“The TESCA and Willy SCHMITZ businesses are very complementary in terms of customer interface and geography”, said Carl de Freitas, TESCA CEO. “Merging our activities will provide a broader more efficient platform to support our customers globally.”

More information:
Tesca Willy Schmitz GmbH Ogus Netze
Source:

Agence Apoce

Hexcel at JEC World 2020
Hexcel at JEC World 2020
25.02.2020

Hexcel at JEC World 2020

Hexcel’s Leading Position in Aerospace and Automotive Makes Hexcel a Trusted Partner for Urban Air Mobility

At this year’s JEC World in Paris on March 3-5, Hexcel will highlight the growing need for innovations in composite materials to support the emerging Urban Air Mobility (UAM) market.

Urban air mobility – urban transportation systems that move people by air or enable cargo deliveries – is the next big transportation innovation. Similar to taxis or ride sharing today, UAM will help remove congestion from our streets and provide a convenient, rapid method for travel in urban centers as well as in remote areas.

Advanced composite materials will be at the heart of UAM vehicles by providing lightweight, efficient, reliable, and cost-competitive options for manufacturing. “Materials have been a key driver of efficiency for aircraft today, and they will be even more important for the emerging UAM marketplace,” said Imad Atallah, Director of Strategic Marketing for Aerospace and Urban Air Mobility at Hexcel.

Hexcel’s Leading Position in Aerospace and Automotive Makes Hexcel a Trusted Partner for Urban Air Mobility

At this year’s JEC World in Paris on March 3-5, Hexcel will highlight the growing need for innovations in composite materials to support the emerging Urban Air Mobility (UAM) market.

Urban air mobility – urban transportation systems that move people by air or enable cargo deliveries – is the next big transportation innovation. Similar to taxis or ride sharing today, UAM will help remove congestion from our streets and provide a convenient, rapid method for travel in urban centers as well as in remote areas.

Advanced composite materials will be at the heart of UAM vehicles by providing lightweight, efficient, reliable, and cost-competitive options for manufacturing. “Materials have been a key driver of efficiency for aircraft today, and they will be even more important for the emerging UAM marketplace,” said Imad Atallah, Director of Strategic Marketing for Aerospace and Urban Air Mobility at Hexcel.

Already, Hexcel is a leader in advanced composite materials for the aerospace market and is a key supplier of composite materials to the automotive industry. So, the company is well positioned to offer solutions to meet the critical needs of high-rate and quick-part manufacturing cycles, in addition to low-cost needs for this space. Hexcel’s materials solutions approach for UAM is to make it greener and more sustainable, safer, more comfortable, and more affordable.

Hexcel’s broad range of carbon fiber and HexPly® prepreg solutions, including snap cure thermosets and thermoplastics, coupled with the most qualified positions on aerospace programs in the industry make the company a trusted partner for UAM. In addition to offering composite materials from carbon fibers, prepregs, honeycomb and reinforcements, Hexcel’s best-performing market solution in noise absorption on aircraft jet engines, Acousti-Cap®, provides a strong position of innovation to solve one of the most critical problems in the UAM space – community noise. “We are applying our technologies to the unique needs of urban air mobility vehicles,” Atallah said.

Hexcel’s ability to bring materials technology from the aerospace and automotive industries represents a unique strength in solving the critical challenges of UAM, especially around high-rate manufacturing, low-cost materials, light weighting, and noise. “Both thermoplastics and quick-cure thermoset materials are expected to have applications on UAM vehicles,” Atallah said. Furthermore, Hexcel’s broad product portfolio including unsized carbon fiber has proven to be the most compatible with thermoplastic resins from a consolidation perspective.

More information:
Hexcel JEC World
Source:

AGENCE APOCOPE