From the Sector

Reset
505 results
11.02.2021

Kornit expands digital textile production in Turkey with Matset partnership

Kornit Digital has announced its partnership with Matset (Turkey) as it continues to broaden its market presence.

Delivering digital textile production-on-demand solutions to the Turkish market
With over 45 years of experience, Matset has a long-standing reputation as being a pioneer of innovation in the printing industry. After the first meeting, Kornit and Matset were quick to recognize how their partnership would effectively accelerate the development of the Kornit brand and solutions in the Turkish market. The deal will see Matset sell and deliver after-sales support for all Kornit textile solutions, including both direct-to-garment and direct-to-fabric product lines, particularly for t-shirts, activewear, denim, fashion, beachwear, home textiles, and fabrics.

Kornit Digital has announced its partnership with Matset (Turkey) as it continues to broaden its market presence.

Delivering digital textile production-on-demand solutions to the Turkish market
With over 45 years of experience, Matset has a long-standing reputation as being a pioneer of innovation in the printing industry. After the first meeting, Kornit and Matset were quick to recognize how their partnership would effectively accelerate the development of the Kornit brand and solutions in the Turkish market. The deal will see Matset sell and deliver after-sales support for all Kornit textile solutions, including both direct-to-garment and direct-to-fabric product lines, particularly for t-shirts, activewear, denim, fashion, beachwear, home textiles, and fabrics.

Doğu Pabuççuoğlu, General Manager at Matset, explains the collaboration combines the digital leading vision of Matset with the market awareness and quality of Kornit’s products: "With Kornit’s production systems, we have made an important addition to our product portfolio. We were able to quickly build a roadmap and are sure the market share will increase very rapidly in the near future. With Kornit’s reliable and creative solutions and our well-known and engaged distribution network, we will provide customers with a strong sales and support service.”

Kornit Wins 2020 EDP Award for its NeoPigment™ Robusto Softener (c) Kornit Digital
05.02.2021

Kornit Wins 2020 EDP Award for its NeoPigment™ Robusto Softener

Kornit Digital is named among 29 winners of the 2020 EDP Awards, presented by the European Digital Press Association (EDP). The company’s NeoPigment™ Robusto Softener solution, which ensures superior hand feel for substrates imprinted using the Kornit Presto system for roll-to-roll, direct-to-fabric digital production, was selected “Best Coating and Varnish” in the Consumables category.

Kornit Digital is named among 29 winners of the 2020 EDP Awards, presented by the European Digital Press Association (EDP). The company’s NeoPigment™ Robusto Softener solution, which ensures superior hand feel for substrates imprinted using the Kornit Presto system for roll-to-roll, direct-to-fabric digital production, was selected “Best Coating and Varnish” in the Consumables category.

Kornit’s Softener solution is applied seamlessly during the printing process. No additional time, labor, or equipment is needed, and most importantly, it is a sustainable solution carrying Eco Passport certification and GOTS verification.
“Kornit Presto with Softener is changing the game for on-demand production, making pigment-based digital print a serious contender for even the most demanding fashion houses,” says Chris Govier, KDEU Managing Director. “Kornit is proud to be recognized for its innovations, and we strive to continue exceeding the market’s demands for efficient, eco-friendly, profitable solutions regardless of the new trends and challenges facing the textile industry.”

25.01.2021

NCTO: Statement on "Made in America" executive order

National Council of Textile Organizations (NCTO) President and CEO Kim Glas issued a statement today on the White House announcement that President Biden will sign an executive order today, “ensuring the future of America is Made in America by all of America’s workers.”  Further, NCTO launched a new industry video campaign today that outlines steps the Biden administration and Congress must take to re-shore the production of personal protective equipment (PPE) and the entire supply chain for critical products. The video can be found here: MakeAmericanPPE.

National Council of Textile Organizations President and CEO Kim Glas said:
“We commend President Biden for taking action in his first days in office to strengthen our domestic supply chain and manufacturing base with a “Made in America” executive order directing the federal government to spend taxpayer dollars on American-made goods produced by American workers using American-made components.

National Council of Textile Organizations (NCTO) President and CEO Kim Glas issued a statement today on the White House announcement that President Biden will sign an executive order today, “ensuring the future of America is Made in America by all of America’s workers.”  Further, NCTO launched a new industry video campaign today that outlines steps the Biden administration and Congress must take to re-shore the production of personal protective equipment (PPE) and the entire supply chain for critical products. The video can be found here: MakeAmericanPPE.

National Council of Textile Organizations President and CEO Kim Glas said:
“We commend President Biden for taking action in his first days in office to strengthen our domestic supply chain and manufacturing base with a “Made in America” executive order directing the federal government to spend taxpayer dollars on American-made goods produced by American workers using American-made components.

Increasing the domestic procurement threshold and the price preferences for domestic goods under the current Buy American law will bolster domestic production and stimulate more investment in U.S. manufacturing.

We believe it is critical that taxpayer dollars are used to invest in American manufacturing and our workforce. It is essential that we close loopholes in our Buy America laws, expand application and product coverage of domestic content rules, and close unnecessary contract waivers that undermine American manufacturing and its workforce.
 
We look forward to working with the Biden administration and Congress on immediately strengthening our domestic procurement laws. The COVID-19 crisis was exacerbated when foreign supply chains broke down leaving our frontline workers vulnerable, underscoring the vital need for America to manufacture essential medical products at home. We look forward to working with the Biden administration on implementing this Executive Order, and with members of Congress to push critical bipartisan legislation to help ensure this onshoring effort is fully realized.

We also sincerely thank Senator Sherrod Brown (D-OH) and Representative Kathy Manning (D-NC) for their leadership in sending a recent letter to President Biden, requesting the president prioritize “Made in America” personal protective equipment (PPE) purchases and outlining key steps the administration can take to produce and procure quality American-made PPE for frontline workers.”

Source:

National Council of Textile Organizations

24.01.2021

NCTO: Letter to President Biden to prioritize American manufactors

U.S. Senator Sherrod Brown (D-OH) and U.S. Representative Kathy Manning (D-NC) wrote to President Biden calling on the Administration to prioritize purchasing fully made in America Personal Protective Equipment (PPE). The lawmakers outline four steps the Administration can take now to ensure our frontline workers have products needed to effectively carryout their critical responsibilities and to support domestic manufacturers who are ready to scale up production and help keep workers healthy and safe.

In their letter, Brown and Manning call on President Biden, through Executive Order and legislative efforts, to:

U.S. Senator Sherrod Brown (D-OH) and U.S. Representative Kathy Manning (D-NC) wrote to President Biden calling on the Administration to prioritize purchasing fully made in America Personal Protective Equipment (PPE). The lawmakers outline four steps the Administration can take now to ensure our frontline workers have products needed to effectively carryout their critical responsibilities and to support domestic manufacturers who are ready to scale up production and help keep workers healthy and safe.

In their letter, Brown and Manning call on President Biden, through Executive Order and legislative efforts, to:

  1. Prioritize the purchase of fully made in America PPE “Berry compliant” to help continue bolstering the U.S. supply chain regardless of purchasing agency;
  2. Issue long-term contracts directly to domestic manufacturers when possible to help bolster the domestic supply chains;
  3. Adopt a contracting purchase methodology that uses “Best Value” criteria versus “Lowest Price Technically Acceptable” criteria; and
  4. Designate a point person in charge of coordinating the government’s efforts to procure PPE and other medical equipment who is responsible for meeting regularly with key domestic manufacturing stakeholders.

A full copy of Brown and Manning’s letter can be found here.

Source:

National Council of Textile Organizations

19.01.2021

Lenzing plans Upper Austria's largest ground-mounted photovoltaic plant

With the industrial use of solar energy, Lenzing sets new standards regarding decarbonization in the fiber industry.

The Lenzing Group plans Upper Austria’s largest ground-mounted photovoltaic plant on an area of around 55,000 m². The groundbreaking ceremony is scheduled to take place in summer 2021. After the expected commissioning in the second half of 2021, the plant's output will amount to 5.5 MWpeak. With approximately 16,000 modules, the plant will generate nearly 5,500 megawatt hours per year. This corresponds to the average annual electricity demand of more than 1,700 households and is unique in Upper Austria on this scale.

The photovoltaic plant is an important symbolic milestone for Lenzing on its way to becoming a CO2-neutral manufacturing site. This project is part of Lenzing’s global energy concept, which aims to provide electricity from 100 percent renewable sources in order to reduce CO2 intensity by 50 percent already in 2030 and to be globally climate neutral in 2050.

With the industrial use of solar energy, Lenzing sets new standards regarding decarbonization in the fiber industry.

The Lenzing Group plans Upper Austria’s largest ground-mounted photovoltaic plant on an area of around 55,000 m². The groundbreaking ceremony is scheduled to take place in summer 2021. After the expected commissioning in the second half of 2021, the plant's output will amount to 5.5 MWpeak. With approximately 16,000 modules, the plant will generate nearly 5,500 megawatt hours per year. This corresponds to the average annual electricity demand of more than 1,700 households and is unique in Upper Austria on this scale.

The photovoltaic plant is an important symbolic milestone for Lenzing on its way to becoming a CO2-neutral manufacturing site. This project is part of Lenzing’s global energy concept, which aims to provide electricity from 100 percent renewable sources in order to reduce CO2 intensity by 50 percent already in 2030 and to be globally climate neutral in 2050.

"The great challenges of our time need answers. As a leading company in innovation and sustainability, we are proactively contributing to the achievement of climate targets and setting new standards for our industry," explains Stefan Doboczky, CEO of the Lenzing Group. “In addition to ongoing major investments in CO2 neutral sites such as Thailand and Brazil, innovative projects at existing sites are bringing us one step closer to climate neutrality.”

Source:

Lenzing AG

14.01.2021

Hologenix and Kelheim Fibres launch Celliant Viscose

Hologenix, creators of Celliant®, infrared responsive technology, and Kelheim Fibres, a world-leading manufacturer of viscose specialty fibers, have partnered to launch Celliant Viscose at ISPO Munich 2021. Celliant Viscose is a finalist in Best Products by ISPO and will be showcased in the Fibers & Insulations Category for ISPO Textrends, where realistic views and 3-D simulations will be available for each material.

The introduction of nature-based Celliant Viscose will be the first in-fiber infrared sustainable solution on the market and meets a consumer demand for more environmentally friendly textiles. An alternative to synthetic fibers and extremely versatile, Celliant Viscose blends beautifully with cotton, micromodal, lyocell, wool varieties including cashmere. It also has many applications across industries as it is ideal for performance wear, luxury loungewear, casual wear and bedding.

Hologenix, creators of Celliant®, infrared responsive technology, and Kelheim Fibres, a world-leading manufacturer of viscose specialty fibers, have partnered to launch Celliant Viscose at ISPO Munich 2021. Celliant Viscose is a finalist in Best Products by ISPO and will be showcased in the Fibers & Insulations Category for ISPO Textrends, where realistic views and 3-D simulations will be available for each material.

The introduction of nature-based Celliant Viscose will be the first in-fiber infrared sustainable solution on the market and meets a consumer demand for more environmentally friendly textiles. An alternative to synthetic fibers and extremely versatile, Celliant Viscose blends beautifully with cotton, micromodal, lyocell, wool varieties including cashmere. It also has many applications across industries as it is ideal for performance wear, luxury loungewear, casual wear and bedding.

Celliant Viscose features natural, ethically sourced minerals embedded into plant-based fibers to create infrared products that capture and convert body heat into infrared, increasing local circulation and improved cellular oxygenation. This results in stronger performance, faster recovery and better sleep.

Celliant Viscose provides all the benefits of being a viscose fiber — lightweight, soft, highly breathable, excellent moisture management — as well as fiber enhancements from Celliant infrared technology. Celliant’s proprietary blend of natural minerals allows textiles to capture and convert body heat into full-spectrum infrared energy, resulting in stronger performance, faster recovery and better sleep. In addition, Celliant is durable and will not wash out, lasting the useful life of the product it powers.

An Affordable, Long-lasting Solution with Diverse Applications
As opposed to other IR viscose products which are coatings based, Celliant Viscose’s in-fiber solution increases wearability and longevity with a soft feel, durability from washing and longer life. The combination of Kelheim’s distinctive technology and the Celliant additives creates this unique fiber that provides full functionality without the need for any additional processing step — a new standard in the field of sustainable IR viscose fibers. This single processing also makes Celliant Viscose more cost-effective and time-efficient than coatings.

In addition, Kelheim’s flexible technology allows targeted interventions in the viscose fiber process. By modifying the fiber’s dimensions or cross sections or by incorporating additives into the fiber matrix, Kelheim can precisely define the fiber’s properties according to the specific needs of the end product.

Highly Sustainable
Celliant Viscose is a plant and mineral-based solution for brands seeking an alternative to synthetic fibers. It contains natural raw materials that are from the earth and can return safely to the earth.

Nature-based Celliant Viscose is certified by FSC® or PEFC™, which guarantees the origin in sustainably managed plantations, and is part of the CanopyStyle initiative to protect ancient and endangered forests. The production of Celliant Viscose takes place exclusively at the Kelheim facilities in Germany, complying with the country’s strict environmental laws and guaranteeing an overall eco-friendly product.

Backed by Science
Celliant is rigorously tested by a Science Advisory Board composed of experts in the fields of physics, biology, chemistry and medicine. The Science Advisory Board has overseen 10 clinical, technical and physical trials, and seven published studies that demonstrate Celliant’s effectiveness and the benefits of infrared energy.

For more information, visit www.celliant.com/celliant-viscose/

Source:

Kelheim Fibres GmbH

Video Material Stories are presented by the PERFORMANCE DAYS Exhibitors (c) PERFORMANCE DAYS
Midlayers of the Season
13.01.2021

Video Material Stories are presented by the PERFORMANCE DAYS Exhibitors

Video Material Stories focus on the highlight products of the PERFORMANCE FORUM which were rewarded with a 100% Jury Like and include detailed explanations by the exhibitors. You can watch the videos here, check out the details, ask any question to the exhibitors and request samples!

  • Lightweight, Downproof & Insulation Trends of the Season

The selected insulations are all produced ecologically responsibly, at the same time they are lightweight, breathable and insulate well. The lightweight and downproof fabrics of winter 22/23 are ultra-light, breathable and heat-insulating. It is astonishing that lightweights can now be processed from Econyl and other recycled fibres without losing any of their lightness. Almost all fibres – from nylon, Econyl, polyamide to polyester – are over 90 per cent recycled, and often dyed with vegetable variants or dyed in a dope dyed process.

Video Material Stories focus on the highlight products of the PERFORMANCE FORUM which were rewarded with a 100% Jury Like and include detailed explanations by the exhibitors. You can watch the videos here, check out the details, ask any question to the exhibitors and request samples!

  • Lightweight, Downproof & Insulation Trends of the Season

The selected insulations are all produced ecologically responsibly, at the same time they are lightweight, breathable and insulate well. The lightweight and downproof fabrics of winter 22/23 are ultra-light, breathable and heat-insulating. It is astonishing that lightweights can now be processed from Econyl and other recycled fibres without losing any of their lightness. Almost all fibres – from nylon, Econyl, polyamide to polyester – are over 90 per cent recycled, and often dyed with vegetable variants or dyed in a dope dyed process.

  • Softshells & Outer Midlayers of the Season

Warming, windproof and water-repellent jackets worn outdoors as an outer layer during sports or leisure activities typify the Softshell/Outer Midlayer category. Polyamide and polyester fibres remain dominant in winter 22/23. But anyone on the lookout for natural fibres will find various blends of organic cotton, Tencel or wool.

  • Midlayers of the Season

Midlayers are primarily intended to provide warmth when layering garments. The focus is on newer constructions to generate heat, yet at the same time, manufacturers are attempting to reduce or completely avoid the use of micro-plastics in the development process.

13.01.2021

The first online World Congress on Textile Coating

  • World Congress on Textile Coating, to take place on 11-12 & 18-19 February 2021.

The conference organisers have developed a well-structured programme of five sessions over four days with live discussion forums following each session for maximum attendee participation.

“The programme aims to be inspiring and informative, and will showcase the best innovations and collaborative actions in the industry. Functionality can be added to textiles and nonwovens at the beginning or the end of the supply chain, with an increasing range of raw materials, offering many options when designing and realizing a high-performance fabric. At the other end, there are many ways, such as applying a coating, to add functionality to an otherwise finished product. For example, the current pandemic has prompted new commercial anti-viral processes and four such presentations will outline the impact on industry and its response to the global pandemic,” says Dr Nick Butler, head of the conference organising committee.

  • World Congress on Textile Coating, to take place on 11-12 & 18-19 February 2021.

The conference organisers have developed a well-structured programme of five sessions over four days with live discussion forums following each session for maximum attendee participation.

“The programme aims to be inspiring and informative, and will showcase the best innovations and collaborative actions in the industry. Functionality can be added to textiles and nonwovens at the beginning or the end of the supply chain, with an increasing range of raw materials, offering many options when designing and realizing a high-performance fabric. At the other end, there are many ways, such as applying a coating, to add functionality to an otherwise finished product. For example, the current pandemic has prompted new commercial anti-viral processes and four such presentations will outline the impact on industry and its response to the global pandemic,” says Dr Nick Butler, head of the conference organising committee.

World Congress on Textile Coating will feature time dedicated to networking, encouraging attendees to interact with conference speakers and industry peers throughout the online programme, offering the opportunity to expand professional networks. All the presentations and discussion forums will be recorded for post-event viewing. Event sponsors imogo AB, Lamberti SpA, JX Nippon ANCI and Weitmann & Konrad GmbH & Co. KG will give individual presentations and host Q&A during the four days of the event.

For the full programme, speakers and abstracts please visit https://www.technical-textiles.online/WCTC.

Source:

AWOL Media

04.12.2020

Intertextile Shanghai Home Textiles March 2021

The Spring Edition of Intertextile Shanghai Home Textiles will return to the National Exhibition and Convention Center (Shanghai) from 10 – 12 March 2021, together with four other textile events including Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value. The fairs will offer an all-round business platform and a host of exciting synergy effects for the sector.

High-quality finished products to be offered
In March 2021, the Spring Edition will showcase a selection of home textile products including bedding & towelling, rugs, table & kitchen linen, home textile technologies, textile design and many more. Additionally, the fair will be held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value, offering a comprehensive sourcing platform for the sector.

The Spring Edition of Intertextile Shanghai Home Textiles will return to the National Exhibition and Convention Center (Shanghai) from 10 – 12 March 2021, together with four other textile events including Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value. The fairs will offer an all-round business platform and a host of exciting synergy effects for the sector.

High-quality finished products to be offered
In March 2021, the Spring Edition will showcase a selection of home textile products including bedding & towelling, rugs, table & kitchen linen, home textile technologies, textile design and many more. Additionally, the fair will be held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value, offering a comprehensive sourcing platform for the sector.

Lenzing views Intertextile as an ideal platform to present their sustainable home products
The Lenzing Group, a leading producer of man-made cellulose fibres, is amongst the major industry players who have already confirmed their participation in the upcoming fair. Ms Lesley Wu, Home Textile Business Development at Lenzing Fibers (Shanghai), talked about new market trends in the post-pandemic era and the reasons they decided to join the Spring Edition of Intertextile Shanghai Home Textiles:

“Even though the home textile industry has, to some extent, been negatively impacted by the COVID-19 outbreak, there are both opportunities and challenges for the sector. Without a doubt, environmental protection and sustainable development are the hottest topics in today’s society. Consumers are paying more attention to healthy lifestyles and looking to make a shift to green consumption as a result of the pandemic. More and more consumers are opting for functional and sustainable raw materials. Environmentally sustainable fibres are therefore gaining popularity.”

“Right now, we expect the home textile industry will continue its steady recovery. Home textile companies may look for opportunities in product and marketing innovations, such as developing functional and sustainable home textile products and exploring various O2O business model options,” Ms Wu added.

Lastly, Ms Wu shared why they chose to participate in Intertextile: “We decided to exhibit at Intertextile Shanghai Home Textiles because it is an influential trade fair for the industry. As the Lenzing Group has been expanding in the home textile market, we want to use this platform to showcase the applications for TENCEL™ branded fibres in home textiles, and to further promote sustainability through our TENCEL™ Home cellulosic fibres.”

To find out more about this fair, please visit: www.intertextilehome.com

Source:

Messe Frankfurt / Intertextile Shanghai Home Textiles

Sonntag Fins Switch to Sicomin’s GreenPoxy® 33 Bio Resin (c) Sicomin
Ben vd Steen Flying high
30.11.2020

Sonntag Fins Switch to Sicomin’s GreenPoxy® 33 Bio Resin

Sicomin’s latest marine collaboration with Sonntag Fins sees its industry leading GreenPoxy® 33 bio-based epoxy resin used for custom carbon fibre windsurf fins - combining speed, fatigue performance and sustainability for some of the fastest sailors afloat.

Targeted at windsurf slalom sailors, racers and speed sailors, each Sonntag fin is a custom made product, tailored specifically to the user based on a discussion about riding style, physical size and weight, as well as how the rider likes to load the fin whilst sailing.  This attention to detail and bespoke manufacturing places a huge importance on the performance and consistency of the raw materials used, with all new materials having to be validated in production, on the test rig in the lab, and on the water by the team riders.

Sicomin’s latest marine collaboration with Sonntag Fins sees its industry leading GreenPoxy® 33 bio-based epoxy resin used for custom carbon fibre windsurf fins - combining speed, fatigue performance and sustainability for some of the fastest sailors afloat.

Targeted at windsurf slalom sailors, racers and speed sailors, each Sonntag fin is a custom made product, tailored specifically to the user based on a discussion about riding style, physical size and weight, as well as how the rider likes to load the fin whilst sailing.  This attention to detail and bespoke manufacturing places a huge importance on the performance and consistency of the raw materials used, with all new materials having to be validated in production, on the test rig in the lab, and on the water by the team riders.

With this in mind, Sonntag Fins approached Time Out Composite, Sicomin’s German distributor,  looking for a new resin system that could reduce cycle times and improve manufacturing output.  Bio-based systems were discussed, but the first product used by Sonntag was Sicomin’s SR1280 laminating system which delivered immediate results, enabling shorter cure cycles, and exceeding all of the previous mechanical test targets.

In 2020, Sonntag and Time Out Composite revisited the topic of a more sustainable epoxy resin system. It was the perfect time for Sonntag Fins, with their new unique bright green UV resistant outer finish, to go green on the inside too with Sicomin’s GreenPoxy® 33 resin.

Test fins were produced with the new material performing well in production trials. Pure resin samples were also tested and post-cured at 140 ̊C, with the new GreenPoxy® 33 samples showing significantly higher elongation at maximum resistance, meaning the cured epoxy was less brittle and susceptible to damage should a customer’s fin meet a rock. With mechanical properties improved, Sonntag switched production to GreenPoxy® 33 in August 2020.

Sonntag fins are manufactured in CNC machined aluminium moulds using GreenPoxy® 33 and a bespoke lay-up of woven, stitched biaxial and heat-set unidirectional carbon fibre fabrics in four steps:
• The first step in the moulding process is the application of Sonntag’s unique green in-mould coating.
• Next, the individual fabric plies, cut using precisely machined templates, are placed into the mould and then wet-out with the low viscosity epoxy. With the laminate stack complete, the mould is closed and loaded into a heated press for around 2 hours to consolidate and cure the fin.
• After curing, the demoulded fins are tempered in an oven at 140 ̊C, then only a light sanding is required to create the final surface roughness for optimum flow characteristics in the water.
• Finally, the fins are cut to the required length and the base adapter is molded to the epoxy-carbon blade in a specific mould.
With each fin being optimized for its rider, it is critical that each piece produced will bend and twist in exactly the way it has been designed to do so, providing the rider with exactly the feel and feedback they want for their board and fin. Each Sonntag fin is tested on a unique CNC controlled servo and stepper motor driven test bench that Joerg has developed, building a database of test results that not only ensures the products perform as designed but also validating the consistency of the manufacturing process and raw materials.
“We produce high-performance windsurfing fins that need to accommodate significant loads during sailing. Fins need to combine flexibility with extremely high torsion stiffness that places high interlaminar shear forces on the resin, especially in our softer fins.” commented Joerg Sonntag, MD, Sonntag Fins. “A key requirement for us is a resin that maintains its mechanical properties for many years, and this is where the Sicomin systems deliver”

COBRA provides high-quality mass production for ARE Tahiti’s new composite canoes (c) COBRA
23.11.2020

COBRA provides high-quality mass production for ARE Tahiti’s new composite canoes

Cobra International, Chonburi, Thailand: COBRA International, one of the world’s largest OEM manufacturers of composite goods for Water Sports, Automotive, Marine and Civil Engineering, is pleased to confirm the shipment of its first 36 composite canoes to ARE Tahiti.

COBRA has collaborated with leading outrigger canoe brand ARE Tahiti to mass produce its new OC-1 canoe, ‘Mana’. Designed by former professional windsurfer Baptiste Gossein  (JP Australia and Neil Pryde), ‘Mana’ features a closed deck on which the paddler sits on top of the hull. Available in two models; a hybrid version weighing 12kg, using an 80:20 mix of E-glass and carbon fibre reinforcement fabrics, and the PRO model – a weight optimized, ultra-light, full carbon version that weighs as little as 9kg.   

“We required the best in composite construction for both models, a stunning final finish and a build rate that could keep up with our growing order book”, comments Baptiste Gossein.

Cobra International, Chonburi, Thailand: COBRA International, one of the world’s largest OEM manufacturers of composite goods for Water Sports, Automotive, Marine and Civil Engineering, is pleased to confirm the shipment of its first 36 composite canoes to ARE Tahiti.

COBRA has collaborated with leading outrigger canoe brand ARE Tahiti to mass produce its new OC-1 canoe, ‘Mana’. Designed by former professional windsurfer Baptiste Gossein  (JP Australia and Neil Pryde), ‘Mana’ features a closed deck on which the paddler sits on top of the hull. Available in two models; a hybrid version weighing 12kg, using an 80:20 mix of E-glass and carbon fibre reinforcement fabrics, and the PRO model – a weight optimized, ultra-light, full carbon version that weighs as little as 9kg.   

“We required the best in composite construction for both models, a stunning final finish and a build rate that could keep up with our growing order book”, comments Baptiste Gossein.

As with all of COBRA’s watersports’ projects, a perfect master model formed the basis of the mass production tooling and two sets of composite hull tooling were taken from the master plug allowing a build rate of up to 50 OC-1 canoes per month.

For the lay-up and construction process, COBRA’s high-performance PVC foam sandwich windsurf board construction provided a solid starting point.  Having selected vacuum consolidated epoxy wet layup for the mix of woven and stitched biaxial reinforcements, COBRA was able to build down to the customer’s weight target with the absolute minimum of waste and additional consumables.  Top and bottom sections of the hull were moulded separately then bonded together, with the smaller outrigger hull – known as the ‘ama’ – produced in the same way.  Prepreg carbon fibre and in-house split mould tooling was also used for the two ‘Iakos’ - the two cross beams that join the ama to the main hull. 

An in-mould applied finish coat was then used for the hybrid OC-1 while the PRO carbon fibre model benefits from COBRA’s ultra-light paint system.

“COBRA is able to provide mass production capability and rapid new model turnaround, as well as delivering consistently high quality. We are delighted with the first COBRA built OC-1s and have received exceptionally positive feedback from both customers and racers” comments Baptiste Gossein.

The next ARE project to enter mass production at COBRA will be the V-1 canoe. Similar to the OC-1 but an open boat that the paddler sits inside, the V-1 will have no rudder or steering system, requiring more finesse to manage underway.

“The OC-1 outrigger canoe is a superb example of our customer focused approach to production process development.  By working closely with Baptiste and the ARE team, COBRA is able to provide mass production capability and a rapid new model turnaround, as well as delivering consistently high quality.  This is a sector in which we expect to see significant expansion over the next few years”, comments Danu Chotikapanich, CEO, COBRA International.

Ascend Performance Materials: HiDURA (c) Ascend Performance Materials
17.11.2020

Ascend introduces HiDura™ long-chain polyamides

Ascend Performance Materials has launched several new grades of its HiDura™ long-chain polyamides for engineered plastics, monofilaments and cable ties. HiDura polyamide 610 and 612 are designed to provide exceptional dimensional stability and long life with enhanced resistance to chemicals, impact and abrasion.

Ascend, one of the largest fully integrated producer of PA66 resin, has developed multiple new grades of HiDura PA610 and 612 for use in automotive fuel system and brake line applications, cable ties for solar power systems, battery seals and monofilaments for brush bristles.

“Customers choose Ascend because they can rely on our materials’ performance in some of their most challenging applications,” said Kaan Gunes, HiDura business manager. “We developed HiDura to endure in extreme conditions and uses. Whether used in a connector for solar panels or as brush bristles, our customers can count on HiDura LCPAs to perform well over the life of the application.”

Ascend Performance Materials has launched several new grades of its HiDura™ long-chain polyamides for engineered plastics, monofilaments and cable ties. HiDura polyamide 610 and 612 are designed to provide exceptional dimensional stability and long life with enhanced resistance to chemicals, impact and abrasion.

Ascend, one of the largest fully integrated producer of PA66 resin, has developed multiple new grades of HiDura PA610 and 612 for use in automotive fuel system and brake line applications, cable ties for solar power systems, battery seals and monofilaments for brush bristles.

“Customers choose Ascend because they can rely on our materials’ performance in some of their most challenging applications,” said Kaan Gunes, HiDura business manager. “We developed HiDura to endure in extreme conditions and uses. Whether used in a connector for solar panels or as brush bristles, our customers can count on HiDura LCPAs to perform well over the life of the application.”

“Our customers are responding to broader shifts in the market and their products’ reliability is a key differentiator,” said Isaac Khalil, senior vice president of Ascend’s polyamide business. “We support our customers’ growth plans with high-performance materials and the application development, processing and technical expertise to get the most out of those materials.”

Information about HiDura, including application profiles and technical data sheets, can be found at https://www.ascendmaterials.com/hidura.

Source:

EMG/ Ascend Performance Materials

ISKO: Sustainability Impact Report (c) ISKO
17.11.2020

ISKO supports the virtual Textile Exchange Sustainability conference

From November 2nd to November 6th, the leading denim innovator ISKO joined leading industry professionals from around the world at the 2020 Textile Sustainability Conference.

The Textile Exchange Sustainability Conference (November 2-6) is a formative event aimed at highlighting best practice and sustainability-related emerging trends and opportunities in the fashion industry.

Whilst taking the pulse of the evolving impact of international circumstances, ISKO participated in the event as a trusted partner and member of Textile Exchange since March 2019. The company took the chance to exhibit its R-TWO™ technology, through which it has achieved Textile Exchange certifications across its 25,000 products: these are at either the Content Claim Standard, Global Recycled Standard, Organic Content Standard or Recycled Claim Standard levels, ensuring trust and certainty in chain of custody and material sourcing.

From November 2nd to November 6th, the leading denim innovator ISKO joined leading industry professionals from around the world at the 2020 Textile Sustainability Conference.

The Textile Exchange Sustainability Conference (November 2-6) is a formative event aimed at highlighting best practice and sustainability-related emerging trends and opportunities in the fashion industry.

Whilst taking the pulse of the evolving impact of international circumstances, ISKO participated in the event as a trusted partner and member of Textile Exchange since March 2019. The company took the chance to exhibit its R-TWO™ technology, through which it has achieved Textile Exchange certifications across its 25,000 products: these are at either the Content Claim Standard, Global Recycled Standard, Organic Content Standard or Recycled Claim Standard levels, ensuring trust and certainty in chain of custody and material sourcing.

This program reduces raw material impact and highlights its ambitious Life-cycle Assessments (LCAs) project to develop verified Environmental Product Declarations (EPD®s) assessing the impact of all the products in its portfolio. The company also presented its first Sustainability Impact Report, which sets bold targets and provides a detailed overview of the company’s work within the UN’s Sustainable Development Goals and ILO standard frameworks. These were also a central theme of the conference, focusing on Science Based Target initiatives and the crucial role of embedding these into business strategy.

Source:

Menabo / ISKO

Relanit 3.2 HS (c) Mayer & Cie
17.11.2020

Mayer & Cie. extends status in Turkey

In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie. (MCT) has further improved its leading position in Turkey. So the country continues to be one of the company’s strongest and most consistent sales markets. Even in difficult years, the manufacturer and its longstanding Turkish representative Mayer Mümessillik have achieved positive results. The reasons for this year’s success, as Mayer & Cie. sees it, are the transfer of production to locations close to Europe, Turkey’s state-of-theart machinery and the increase in demand for comfortable clothing that is suitable as home office wear.

Turkish market is a growth market despite corona setback
“Compared to 2019, we anticipate a growth in the Turkish market even though the corona situation was a serious setback in the second quarter of 2020,” says Stefan Bühler, Mayer & Cie.’s regional sales manager for Turkey.

In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie. (MCT) has further improved its leading position in Turkey. So the country continues to be one of the company’s strongest and most consistent sales markets. Even in difficult years, the manufacturer and its longstanding Turkish representative Mayer Mümessillik have achieved positive results. The reasons for this year’s success, as Mayer & Cie. sees it, are the transfer of production to locations close to Europe, Turkey’s state-of-theart machinery and the increase in demand for comfortable clothing that is suitable as home office wear.

Turkish market is a growth market despite corona setback
“Compared to 2019, we anticipate a growth in the Turkish market even though the corona situation was a serious setback in the second quarter of 2020,” says Stefan Bühler, Mayer & Cie.’s regional sales manager for Turkey.

Mayer & Cie. got off to a strong start on the Bosporus in the first quarter of 2020 with additional positive effects until mid-March. This was due to a desire for production locations close to Europe. In the second quarter, during the lockdown, demand largely ground to a halt. Government measures helped to cushion the downturn. Says Ahmet M. Öğretmen, general manager of MCT’s Turkish sales partner Mayer Mümessillik: “In the second quarter, GDP was down by about 10 percent, so we got off lightly.”

Since July 2020, orders for Mayer & Cie. circular knitting machines have bounced back again. Ahmet M. Öğretmen sees an interplay of reasons for this recovery. The main reason, he says, is the low exchange rate of the Turkish lira, which has boosted exports of ready-made textiles. The Turkish daily Hürriyet reports, with reference to the Turkish state news agency, 11 percent year-on-year growth in August 2020. The most important export markets, the newspaper says, are Germany, the UK and Spain. Between them, they account for around half of exports totalling € 1.27 billion.* “This demand must be fulfilled,” Öğretmen says. “That leads to investment in machinery by manufacturers.”

Relanit is synonymous with single jersey
The machines of choice for Turkish knitwear manufacturers are regularly Mayer & Cie. machines. The long-established German firm’s share of the Turkish market is substantially higher than in other markets. The manufacturer’s position is particularly strong in the market for plain single jersey fabrics, with the Relanit 3.2 HS being the machine of choice. It achieves an extraordinarily high level of productivity, especially in processing elastomer yarns. It also handles a wide range of yarns reliably.

“Interlock is Mayer & Cie.”
Mayer & Cie. is one of the leader in the second major circular knitting discipline, rib and interlock fabrics. The machines used for double jersey fabrics are the OV 3.2 QCe, the D4 2.2 II and the D4 3.2 II. The OV 3.2 QCe knits interlock, 8-lock structures, spacers and fine gauge with 3.2 systems. The D4 2.2 II is another stalwart for rib, 8-lock and interlock. The 8-lock D4 3.2 II is the machine of choice for firms that want to manufacture structures such as Piqué, Punto di Roma or Thermal in addition to interlock.

The MBF 3.2 is another top seller in Turkey. A three-thread fleece machine, it knits fabrics for sportsand leisurewear such as hoodies and is very much in keeping with the trend in home office year 2020. “Comfortable clothing is circular knitted,” says Ahmet M. Öğretmen, “and we benefit from that of course.”

One of the world’s most state-of-the-art machine parks are in Turkey
Another advantage is the modernity of the Turkish machine park, which is doubly attractive in view of Turkey’s weak currency. Says Mayer Mümessillik general manager Öğretmen: “In the past 10 to 20 years there has been very heavy investment in high-quality machines. As a consequence we have the world’s youngest and most up-to-date production facilities.” Combined with geographical proximity to the main export markets in Europe that should prove a growth driver in the years ahead – and keep demand for Mayer & Cie. machines brisk and high.

 

*More informationen here.

Source:

Mayer & Cie GmbH & Co. KG

13.11.2020

The AVK presents its awards virtually for the first time

The AVK – Industrievereinigung Verstärkte Kunststoffe e.V. – has once again announced the winners of its prestigious Innovation Awards. Decided by an expert jury, the awards recognise and honour sustainable innovations in three categories: “Innovative Products/Applications”, “Innovative Processes” and “Research and Science”.

Overview of all the winners in the three categories:

Category “Innovative Products/Applications”
1st Place: “Directly-cooled electric motor with integral lightweight housing made of fibre reinforced polymers - DEmiL” – developed by the Fraunhofer Institute for Chemical Technology ICT, Pfinztal, Germany, in partnership with the Karlsruhe Institute of Technology and Sumitomo Bakelite Co., Ltd.*

2nd Place: “Intrinsically Reprocessable, Repairable and Recyclable (3R) thermoset composites for more Competitive and Sustainable Industries” – developed by cidetec, Donostia-San Sebastian, Spain*

The AVK – Industrievereinigung Verstärkte Kunststoffe e.V. – has once again announced the winners of its prestigious Innovation Awards. Decided by an expert jury, the awards recognise and honour sustainable innovations in three categories: “Innovative Products/Applications”, “Innovative Processes” and “Research and Science”.

Overview of all the winners in the three categories:

Category “Innovative Products/Applications”
1st Place: “Directly-cooled electric motor with integral lightweight housing made of fibre reinforced polymers - DEmiL” – developed by the Fraunhofer Institute for Chemical Technology ICT, Pfinztal, Germany, in partnership with the Karlsruhe Institute of Technology and Sumitomo Bakelite Co., Ltd.*

2nd Place: “Intrinsically Reprocessable, Repairable and Recyclable (3R) thermoset composites for more Competitive and Sustainable Industries” – developed by cidetec, Donostia-San Sebastian, Spain*

3rd Place: “Fireproof composite metal hybrid structure – LEO® fire protection sandwich with integrated Hyconnect steel-glass hybrid connector” – developed by SAERTEX GmbH & Co. KG and Hyconnect GmbH.*

Category “Innovative Processes”
1st Place: “Robotised Injection Moulding (ROBIN)” – developed by Robin, Dresden with the Institute for Lightweight Engineering and Polymer Technology at the TU Dresden*

2nd Place: “Omega stringer from the roll” – developed by the German Aerospace Center, Braunschweig*

3rd Place: “Hybrid die-casting – manufacturing of intrinsic CFRP-aluminium composite structures in aluminium high-pressure die-casting” – developed by Faserinstitut Bremen e. V. with Fraunhofer IFAM, Bremen*

Category “Research and Science”:
1st Place: “New high-temperature resistant UP resins and toughening agents” – developed by Münster University of Applied Sciences with BASF SE Global New Business Development, Leibniz Institute for Polymer Research e. V., Saertex multicom GmbH*

2nd Place: “Scientific basis for the industrial application of the thermoplastic resin transfer moulding (T-RTM) process” – developed by Fraunhofer Institute for Chemical Technology ICT, Pfinztal*

3rd Place: “The material- and energy-efficient production of turbine struts by the integrative combination of thermoset fibre reinforced materials” – developed by the Institute of Polymer Technology, University of Erlangen-Nuremberg with the German Aerospace Center, Gubesch Group, Schmidt WFT, Siebenwurst, Raschig.

Award ceremony on the Internet for the first time
For the first time, due to the Covid-19 pandemic, the award ceremony took place as an online event on 12 November 2020. Many of the award winners’ innovations will be presented again in this year’s AVK Innovation Award brochure. This will be available online: https://www.avk-tv.de/innovationaward.php

 

*Please see attached document for more information.

 

Source:

AVK – Industrievereinigung Verstärkte Kunststoffe e.V

ECONNECTION: new collaborative business model (c) GB Network
11.11.2020

ECONNECTION: new collaborative business model

  • A new collaborative business model gives life to ECONNECTION: an eco-high-tech collection designed thinking of the “end of life”

Three premium textile companies, one common goal: jointly offer ready to use, coordinated solutions that are design driven, performing and responsible also at the end of life.

Penn Textile Solutions/Penn Italia - international company producing and developing innovative fabrics through warp and weft knitting technologies, Tessitura Colombo Antonio, famous for the processing of lace and ribbons dedicated to the world of corsetry , Elastici Besana specialized in the production of narrow elastic for corsetry and underwear, have been working together to expand the frontiers of sustainable manufacture practices and to offer an innovative collection , a new set of incredible eco high tech innovations delivering a responsibility concept including also the end of life : ECONNECTION.

The responsible ECONNECTION collection, in which the words ECO and CONNECTION mixed to underline the importance of connect and come together for a sustainable project, features:

  • A new collaborative business model gives life to ECONNECTION: an eco-high-tech collection designed thinking of the “end of life”

Three premium textile companies, one common goal: jointly offer ready to use, coordinated solutions that are design driven, performing and responsible also at the end of life.

Penn Textile Solutions/Penn Italia - international company producing and developing innovative fabrics through warp and weft knitting technologies, Tessitura Colombo Antonio, famous for the processing of lace and ribbons dedicated to the world of corsetry , Elastici Besana specialized in the production of narrow elastic for corsetry and underwear, have been working together to expand the frontiers of sustainable manufacture practices and to offer an innovative collection , a new set of incredible eco high tech innovations delivering a responsibility concept including also the end of life : ECONNECTION.

The responsible ECONNECTION collection, in which the words ECO and CONNECTION mixed to underline the importance of connect and come together for a sustainable project, features:

  • 7 advanced knitted stretch fabrics by Penn Textile Solutions/Penn Italia,
  • 3 precious laces by Tessitura Colombo Antonio
  • 3 functional bands by Elastici Besana

So, 3 key leading companies with a key target : to design and deliver the market amazing responsible fabrics able to offer a responsible end of life. This opened up the door to new generation of ingredients such as:

  • ROICA™ V550 made by leading fiber manufacturer Asahi Kasei, a premium sustainable stretch yarn that at the end of his life smartly breaks down without releasing harmful substances in the environment according to Hohenstein Environment Compatibility Certification and also boasting the Gold Level Material Health Certificate by Cradle-to-Cradle Product Innovation Institute** as it has been evaluated for impact on human and environmental health.
  • Amni Soul Eco®, the world’s first biodegradable in anaerobic conditions polyamide 6.6 yarn that degrades in around 5 years* after disposing in landfill, developed by SOLVAY and produced and distributed in Italy by FULGAR.

The collection is presented in its BIO -BOX that will be sent to selected brands at worldwide level

A smart project that highlights the importance of synergies between companies know how, and new generation of materials , that is able to take products to a new level of responsible innovation, technology and exceptional performances where beauty and function will be able to carry the smart factor for the values they represent for the consumer and highlighting for the first time also the importance of their end of life.

Archroma: Report (c) Archroma
09.11.2020

Archroma releases its third Sustainability Report

Archroma, a global leader in specialty chemicals towards sustainable solutions, today announced the release of its third Sustainability Report.

Prepared again in accordance with the Global Reporting Initiative (GRI) standards, and covering Fiscal Year 2019, the report outlines the company’s progress on its priority sustainability topics, such as human health and environmental safety, resource efficiency, sustainable sourcing and product stewardship, as well as diversity & inclusion, and talent management.

All activities described in the report support the 3 pillars of “The Archroma Way to a Sustainable World: Safe, efficient, enhanced. It’s our nature." This approach is the company’s guiding light in challenging the status quo to making its operations and its value chains sustainable.

“As our industries navigate through the COVID-19 pandemic, the temptation for some will be to push back on the urgent need to address the climate crisis. We cannot allow that. Because after all, it's our nature”, Heike van de Kerkhof, CEO of Archroma, comments.

Archroma, a global leader in specialty chemicals towards sustainable solutions, today announced the release of its third Sustainability Report.

Prepared again in accordance with the Global Reporting Initiative (GRI) standards, and covering Fiscal Year 2019, the report outlines the company’s progress on its priority sustainability topics, such as human health and environmental safety, resource efficiency, sustainable sourcing and product stewardship, as well as diversity & inclusion, and talent management.

All activities described in the report support the 3 pillars of “The Archroma Way to a Sustainable World: Safe, efficient, enhanced. It’s our nature." This approach is the company’s guiding light in challenging the status quo to making its operations and its value chains sustainable.

“As our industries navigate through the COVID-19 pandemic, the temptation for some will be to push back on the urgent need to address the climate crisis. We cannot allow that. Because after all, it's our nature”, Heike van de Kerkhof, CEO of Archroma, comments.

The report can be downloaded here.

Source:

Archroma / EMG

Logo (c) Kelheim Fibres
02.11.2020

Kelheim Fibres scores a leading position in Canopy’s 2020 Hot Button Report

The Bavarian viscose speciality fibre manufacturer Kelheim Fibres has achieved a leading score in Canopy’s 2020 Hot Button Report. Kelheim Fibres ranks overall among the top 5 producers and was even able to improve their good previous year’s result.

While the company – as in 2019 - is assessed as “low risk" of sourcing from Ancient & Endangered Forests, Kelheim is proud to have invested significantly in “Next Generation Fibre Solutions,” and hopes to reach commercial scale by 2025. Also, highlighted in the report is Kelheim’s increase of the proportion of FSC®-certified fibre.

Kelheim has accepted the recommendation to develop an action plan for continuous improvement of their sustainability: With a certification according to ISO 50001 (energy management), certification according to EMAS (expected at the end of 2020), the application to join ZDHC (Roadmap to Zero) and the newly created position of a sustainability manager, the viscose fibre experts have accomplished a considerable success in a short space of time.

The Bavarian viscose speciality fibre manufacturer Kelheim Fibres has achieved a leading score in Canopy’s 2020 Hot Button Report. Kelheim Fibres ranks overall among the top 5 producers and was even able to improve their good previous year’s result.

While the company – as in 2019 - is assessed as “low risk" of sourcing from Ancient & Endangered Forests, Kelheim is proud to have invested significantly in “Next Generation Fibre Solutions,” and hopes to reach commercial scale by 2025. Also, highlighted in the report is Kelheim’s increase of the proportion of FSC®-certified fibre.

Kelheim has accepted the recommendation to develop an action plan for continuous improvement of their sustainability: With a certification according to ISO 50001 (energy management), certification according to EMAS (expected at the end of 2020), the application to join ZDHC (Roadmap to Zero) and the newly created position of a sustainability manager, the viscose fibre experts have accomplished a considerable success in a short space of time.

Canopy’s Hot Button Report not only stands for ethically correct raw material sourcing – it is an overall sustainability indicator for viscose fibre producers.”, so Matthew North, Commercial Director at Kelheim Fibres. “We are proud of our ranking and will follow this path further: Our fibres offer an ecofriendly alternative to synthetic materials. That includes certified sustainable raw material sourcing, resource saving and low-emission production processes as well as the continuous search for improvements and future-oriented solutions.“

Source:

Kelheim Fibres

Sateri Sustainability Vision for 2030 (c) Sateri
02.11.2020

Sateri Launches Sustainability Vision for 2030

  • Sateri pledges to Be World’s Leading Net-Positive Fibre Producer

Sateri, one of the world’s largest viscose producer, has launched its sustainability vision for 2030 to guide the company’s strategic growth in the coming decade. The Vision is anchored around four key pillars in response to environmental and social challenges faced by the cellulosic fibre industry: Climate and Ecosystem Protection, Closed Loop Production, Innovation and Circularity, and Inclusive Growth.

The Vision comes with a time-bound roadmap and measurable targets. It encompasses notable targets including net-zero carbon emissions by 2050, achieving 98% Sulphur recovery rate at all its mills by 2025, utilising textile waste and produce viscose products with 50% recycled content by 2025 and 100% by 2030, and supporting more than 300,000 local families and smallholder farmers to develop sustainable livelihoods.

  • Sateri pledges to Be World’s Leading Net-Positive Fibre Producer

Sateri, one of the world’s largest viscose producer, has launched its sustainability vision for 2030 to guide the company’s strategic growth in the coming decade. The Vision is anchored around four key pillars in response to environmental and social challenges faced by the cellulosic fibre industry: Climate and Ecosystem Protection, Closed Loop Production, Innovation and Circularity, and Inclusive Growth.

The Vision comes with a time-bound roadmap and measurable targets. It encompasses notable targets including net-zero carbon emissions by 2050, achieving 98% Sulphur recovery rate at all its mills by 2025, utilising textile waste and produce viscose products with 50% recycled content by 2025 and 100% by 2030, and supporting more than 300,000 local families and smallholder farmers to develop sustainable livelihoods.

Highlighting the significance of the Vision to the company, Sateri’s President Allen Zhang said, “As a raw material supplier, Sateri will do our part and respond to the urgent need to decouple growth from further resource impact. This is something that will underpin our growth, in addition to QPC (Quality, Productivity, Cost) and continuous improvement which are well-embedded in the company.”*

Sateri’s 2030 Vision was conceived after months of discussions with management members and external stakeholders including customers, brands and NGOs. The process was facilitated by BSR, a sustainability consultancy, led by its Asia Pacific Vice President, Jeremy Prepscius.

“The challenges facing the garment industry require all value chain participants to invest, innovate and integrate sustainability into their business models. This requires leadership and alignment and will need determination to succeed, which is what Sateri is striving to do,” said Prepscius.*

In the coming months, Sateri will form workgroups to develop action plans to deliver on the identified targets. Progress towards realising Sateri 2030 Vision will be reported in the company’s annual sustainability report and online sustainability dashboard.

Read more about Sateri 2030 Vision: www.sateri.com/sustainability/vision2030/

 

*Please see attached document for more information

Source:

Omnicom Public Relations Group

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