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02.02.2021

VDMA continues technology webtalks

  • Webtalk on material efficiency and recycling for the manmade fiber industry

 
The next VDMA technology webtalk is scheduled for 9th February 2021 (2-4 pm CET). The focus will be on "Material efficiency & recycling technologies for the manmade fiber industry".

The presenters and their topics at a glance:

  • Webtalk on material efficiency and recycling for the manmade fiber industry

 
The next VDMA technology webtalk is scheduled for 9th February 2021 (2-4 pm CET). The focus will be on "Material efficiency & recycling technologies for the manmade fiber industry".

The presenters and their topics at a glance:

  • Manfred Dobersberger, PureLoop and Wolfgang Hermann, EREMA Engineering Recycling Maschinen und Anlagen will present an integrated shredder extrusion technology for fibrous, textiles scraps, multilayers, films, trays, straps, foam, trays but also polymer mix materials from textiles and even classical thermoplastic composite materials.
  • Axel Hannemann, company Gneuss, offers recycling solutions which enable the fibre manufacturer to use their otherwise worthless fibre waste to substitute virgin material in the manufacture of high-quality fibres.
  • Markus Reichwein, Oerlikon Manmade Fibers: “We at Oerlikon Manmade Fibers describe a cascaded approach into new technologies as well as different material sources outlining your need for versatile solutions.”

After the presentations, the experts will be available to answer the participants' questions. Registration is possible.

Source:

VDMA e.V. Textilmaschinen

30.10.2020

SGL Carbon SE: Board of Management resolves restructuring program

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

In the current status of the 5 year plan, which is at present under preparation, significant deviations have already become apparent today, particularly in the market segments Automotive, Aerospace and Wind Energy in the business unit Composites – Fibers & Materials (CFM). Partially also due to the pandemic, Automotive and Aerospace is developing slower than anticipated in the last 5 year plan. In contrast, business with Wind Energy is growing much stronger than previously planned. These changes in the product mix lead to lower mid-term earnings at CFM compared to the prior 5 year plan. Following these deviations from the last 5 year plan, an event-driven impairment test was undertaken. This results in a non-cash impairment charge amounting to €80-100 million, which will be recorded in the fourth quarter 2020.

The Board of Management of SGL Carbon SE today also resolved the implementation of a restructuring program, with which the Company is targeting savings of more than €100 million until 2023 (compared to the base year 2019). These savings consist of a planned socially compatible reduction in personnel of more than 500 employees and substantial reduction in indirect spend, particularly in the areas of travel, consulting and external services. Costs of approximately €40 million are anticipated for the implementation of this restructuring program. A little more than half of this is expected to be recorded as expenses in the fourth quarter 2020, while the associated cash outflows are mainly forecasted for 2021.

This requires a partial adjustment of the guidance for 2020. The solid operational development in the third quarter 2020 with Group sales between €220 and €230 million and operating recurring EBIT1 between €13 and €15 million (plus approximately €9 million positive one-time effects) is within the framework of our expectations for the full year 2020. However, the Group net result is likely to develop below the prior year level of minus €90 million and reach approximately between minus €130 and €150 million due to the restructuring provisions as well as the impairment charge (prior guidance: improvement to a negative low double-digit million € amount).

With liquidity of €167 million as of September 30, 2020 (compared to €137 million at year-end 2019) and further cash inflows in the fourth quarter 2020 from successfully implemented additional funding measures, the Company’s position is solid. This liquidity is more than sufficient for the payment of the purchase price for SGL Composites USA in the amount of USD 62 million at the end of 2020 as well as the restructuring-related cash outflows expected mainly in 2021. The Company continues to have access to the revolving credit facility (RCF) in the amount of €175 million, which remains undrawn.

The quarterly statement as of September 30, 2020 will be published on November 12, 2020 as scheduled. Further details on the new 5 year plan as well as the guidance on the fiscal year 2021 will be presented with the publication of the Annual Report 2020 on March 25, 2021.

*The use of KPIs in this notification is aligned to the annual report 2019 and the interim report for the first half year 2020. There were no changes to the scope of consolidation or to valuation methods compared to the previous guidance.

More information:
SGL Carbon Composites Fibers
Source:

SGL CARBON SE

Oerlikon (c) Oerlikon
f.l.t.r Jochen Adler, Ralf Morgenroth, Markus Reichwein, Matthias Schmitz
15.10.2020

Oerlikon Experts share their know-how online

In order to ensure the transfer of know-how and technology in times of the pandemic, the Manmade Fibers segment of the Swiss Oerlikon Group will start its new webinar series in November. Four interesting technology lectures are planned until the end of 2020 which will be held in English. Current trends in the production of manmade fibers as well as Oerlikons technology solutions will be presented and discussed with the participants. A continuation of the webinar series is already planned for 2021.

In order to ensure the transfer of know-how and technology in times of the pandemic, the Manmade Fibers segment of the Swiss Oerlikon Group will start its new webinar series in November. Four interesting technology lectures are planned until the end of 2020 which will be held in English. Current trends in the production of manmade fibers as well as Oerlikons technology solutions will be presented and discussed with the participants. A continuation of the webinar series is already planned for 2021.

  • Factory know-how from a single source – A boost for your efficiency
    4. November 2020: 11:00-11:45h CET
    Speaker: Jochen Adler, Oerlikon Manmade Fibers CTO*
     
  • VarioFil – Your compact spinning solution
    11. November 2020: 11:00-11:45h CET
    Speaker: Ralf Morgenroth, Head of Engineering Textile Machinery BB Engineering (BBE)*
     
  • Green Technologies – Join us on the road to a sustainable fiber industry
    2. December 2020: 11:00-11:45h CET
    Speaker: Markus Reichwein, Head of Product Management Oerlikon Manmade Fibers*
     
  • VacuFil – Your future upcycling plant, from waste to value
    9. December 2020: 11:00-11:45h CET
    Speaker: Matthias Schmitz, Head of Engineering Recycling Technology, BB Engineering (BBE)*

 

*Please read the attached document for more information

Source:

Oerlikon Textile GmbH & Co. KG

Oerlikon Nonwoven meltblown technology meanwhile in demand across the globe (c) Oerlikon
Daniel Günther (2nd from left), Schleswig-Holstein’s Minister President, together with Rainer Straub, Head of Oerlikon Nonwoven, Matthias Pilz, Head of Oerlikon Neumag, and Matthias Wäsch, Chairman of the Works Council, at the tour of the Neumünster site where the Oerlikon Nonwoven meltblown technology – currently in huge demand across the globe – is manufactured.
08.07.2020

Oerlikon Nonwoven meltblown technology meanwhile in demand across the globe

  • Schleswig-Holstein Minister President visits Neumünster, Germany


Since the outbreak of the coronavirus pandemic, the worldwide demand for protective masks and apparel has resulted in a record number of new orders in the high double-digit millions of euros at the Oerlikon Nonwoven business unit of the Swiss Oerlikon Group. From the manufacturing site in Neumünster, Germany, the high-tech meltblown systems – with their patented ecuTE+ nonwovens electro-charging technology – are meanwhile be exported all over the world. For the very first time, a contract has now been signed with a business in Australia. Today, Schleswig-Holstein’s Minister President Daniel Günther was won over on site by the technology of a ‘global player’. Rainer Straub, Head of Oerlikon Nonwoven, was thrilled, stating: “The machines and systems for manufacturing manmade fiber and nonwovens solutions from Neumünster enjoy an outstanding reputation throughout the world. It is especially in this crisis that the technology from Schleswig-Holstein has proven itself to be absolutely world-class.”

  • Schleswig-Holstein Minister President visits Neumünster, Germany


Since the outbreak of the coronavirus pandemic, the worldwide demand for protective masks and apparel has resulted in a record number of new orders in the high double-digit millions of euros at the Oerlikon Nonwoven business unit of the Swiss Oerlikon Group. From the manufacturing site in Neumünster, Germany, the high-tech meltblown systems – with their patented ecuTE+ nonwovens electro-charging technology – are meanwhile be exported all over the world. For the very first time, a contract has now been signed with a business in Australia. Today, Schleswig-Holstein’s Minister President Daniel Günther was won over on site by the technology of a ‘global player’. Rainer Straub, Head of Oerlikon Nonwoven, was thrilled, stating: “The machines and systems for manufacturing manmade fiber and nonwovens solutions from Neumünster enjoy an outstanding reputation throughout the world. It is especially in this crisis that the technology from Schleswig-Holstein has proven itself to be absolutely world-class.”

In addition to a tour of the meltblown system and its assembly and production facilities, the visit by Minister President Daniel Günther had one purpose above all: the dialog between politicians and business. Rainer Straub, Head of Oerlikon Nonwoven, and Matthias Pilz, Head of Oerlikon Neumag, jointly expressed their thanks for the support that Oerlikon has repeatedly had the fortune to experience over the past months and years in Schleswig-Holstein and looked to the future full of hope. “As a result of our additional investment at the site here in Neumünster – be this in our new technology center that will be completed by the end of this year or in our new logistics center that is already operating – we, as one of the region’s largest employers, are continuing to move forward, supported by a State Government that is also focusing on both promoting industry and business and on advancing an efficient training and educational system, as innovation is only possible with outstanding engineers”, stated Matthias Pilz. And Rainer Straub directed his appeal specifically at the Minister President: “Treat education and training as a priority. Ultimately, they will secure the future of Schleswig-Holstein as a center of excellence and manufacturing!”

Five-million-euro digitalization program

Daniel Günther, the incumbent Minister President of Schleswig-Holstein since 2017, immediately responded, making reference to one of the Federal State’s current training initiatives: “The State Government is supporting higher education institutions and students in the present coronavirus crisis. With a five-million-euro digitalization program, we are investing on the long-term digitalization of our higher education institutions. With this, we are overall creating a future for young people, particularly also for those who could very well go on to invent the next generation of manmade fiber systems.” And the Minister President was just as impressed by the willingness and readiness with which Oerlikon has been providing high-level support since the beginning of the COVID-19 pandemic to master the present challenges as he was with the company’s meltblown technology itself. Rainer Straub explained: “When, at the beginning of the pandemic in February, demand for protective face masks increased rapidly, we at Oerlikon Nonwoven responded immediately. We ramped up all the available production capacities here in Neumünster in order to quickly manufacture nonwovens for producing face masks using our laboratory systems. As a result, we have been able to make a small, regional contribution to covering demand. In parallel, we have pulled out all the stops in order to systematically further expand our skills as machine and system builders so as to cater to the initially expected, and now also continuing, global demand for meltblown systems as quickly as possible.”

Leading meltblown technology

The Oerlikon Nonwoven meltblown technology – with which nonwovens for protective masks can also be manufactured, among other things – is recognized by the market as being the technically most efficient method for producing highly-separating filter media made from plastic fibers. The capacities for respiratory masks available in Europe to date are predominantly manufactured on Oerlikon Nonwoven systems. “Ever more manufacturers in the most diverse countries are hoping to become independent of imports. Therefore, what we are experiencing in Germany is also happening in both industrialized and emerging countries throughout the world”, commented Rainer Straub. In addition to China, Turkey, the United Kingdom, South Korea, Austria and numerous countries in both North and South America, Australia and not least Germany will for the first time also be among the countries to which Oerlikon Nonwoven will be delivering machines and equipment before the end of 2021.

Stephan Sielaff and Christian Skilich appointed to the Management Board of the Lenzing Group
Stephan Sielaff and Christian Skilich appointed to the Management Board of the Lenzing Group
21.02.2020

Stephan Sielaff and Christian Skilich appointed to the Management Board of the Lenzing Group

Lenzing expands its Management Board, naming a new CTO and an additional Management Board member for “Pulp and Wood Raw Materials”

The Supervisory Board of Lenzing AG, the world’s leading producer of botanic cellulose fibers, has appointed two new members to the company’s Management Board. Stephan Sielaff will serve as the new Chief Technology Officer effective March 1, 2020, succeeding Heiko Arnold, who left the Lenzing Group in November 2019. At the same time, Lenzing’s highest management body led by Chairman Stefan Doboczky will be expanded to include a newly created Management Board position for “Pulp and Wood Raw Materials” and will thus consist of five members instead of four. Christian Skilich will assume the position of Member of the Management Board for Pulp and Wood Raw Materials as at June 1, 2020.

“In the coming years our focus will be on achieving the strategic target of strongly increasing our own supply of pulp in line with our corporate strategy sCore TEN. By creating this new division, the composition of the Management Board now also reflects this focus”, says Peter Edelmann, Chairman of the Supervisory Board of Lenzing AG.

Lenzing expands its Management Board, naming a new CTO and an additional Management Board member for “Pulp and Wood Raw Materials”

The Supervisory Board of Lenzing AG, the world’s leading producer of botanic cellulose fibers, has appointed two new members to the company’s Management Board. Stephan Sielaff will serve as the new Chief Technology Officer effective March 1, 2020, succeeding Heiko Arnold, who left the Lenzing Group in November 2019. At the same time, Lenzing’s highest management body led by Chairman Stefan Doboczky will be expanded to include a newly created Management Board position for “Pulp and Wood Raw Materials” and will thus consist of five members instead of four. Christian Skilich will assume the position of Member of the Management Board for Pulp and Wood Raw Materials as at June 1, 2020.

“In the coming years our focus will be on achieving the strategic target of strongly increasing our own supply of pulp in line with our corporate strategy sCore TEN. By creating this new division, the composition of the Management Board now also reflects this focus”, says Peter Edelmann, Chairman of the Supervisory Board of Lenzing AG.

Stephan Sielaff is a chemical engineer who gained experience in the chemical industry in the years 1993 to 2014, holding various management positions for Unilever and Symrise. Since 2014, he has worked for the Swiss specialty chemicals company Archroma, an important supplier of the textile and paper industry, as a Member of the Board of Directors and Chief Operating Officer (COO).He has been responsible for forming the integrated operational structure and the strategic development of the company.

Christian Skilich, who will assume management responsibility for the new Pulp and Wood Raw Materials Division in the Lenzing Group, boasts outstanding expertise in the field of paper and pulp technology. With a Master of Science in Paper Technology and Engineering & Economics, he first held various positions in the paper, packaging and glass industries. Since 2004, he has worked in a broad range of management areas on behalf of the internationally operating Mondi Group. Christian Skilich most recently served as Chief Operating Officer on Mondi’s Board of Directors, overseeing projects in the USA and Europe.

More information:
Lenzing AG
Source:

Lenzing AG