From the Sector

Mr. Robert Bélanger, President of the Board of Directors of the CTT Group and President of Belt-Tech Products inc., is pleased to announce the appointment of Mr. Olivier Vermeersch as President/Chief Executive Officer of the CTT Group, one of the Collegial Center for Technology Transfer (CCTT) of the Cégep of Saint-Hyacinthe. Mr. Vermeersch succeeds Mr. Jacek Mlynarek from today. Mr. Mlynarek will remain associated to the CTT Group as an Ambassador and Strategic Advisor and - Research and Development, Partnership and Innovation.

The CTT Group Board of Directors and the entire team would like to thank Mr. Mlynarek for the energy and dedication he has devoted over the last 26 years to the development of the CTT Group, which is now recognized as one of the most important Collegial Center for Technology Transfer in Quebec and Canada. In 2009, Mr. Mlynarek received the Innovation System Builder Award from the Quebec Association for the Development of Research and Innovation.

Mr. Vermeersch is in a familiar territory, since he has been working for the CTT Group from the beginning of his career in 1991. In 2014, he was promoted Vice President - Research and Development and more recently, he was appointed as Executive Vice-President. In 2014, he was awarded the prestigious Excellence Award from the “Fonds de recherche du Québec – Nature et technologies”. Mr. Vermeersch will continue to be Chairholder of the NEXTEX Industrial Chair of St-Hyacinthe College, a Canadian NSERC Level 2 Chair in Innovative Technical Textiles, which brings together many of CTT Group's customers.

The Board of Directors of Autoneum Holding Ltd appoints Bernhard Wiehl, the longstanding Head of Finance & Controlling of Business Group Europe, as Chief Financial Officer (CFO) and member of the Group Executive Board with immediate effect. The previous CFO Dr Martin Zwyssig has decided to leave Autoneum.

Bernhard Wiehl has been responsible for Finance & Controlling at Business Group Europe since 2013. Also thanks to his financial leadership, this Business Group with its numerous legal units has become highly profitable in recent years. Prior to joining Autoneum, he held senior finance and controlling positions with various automotive suppliers and has therefore extensive experience in the financial management of internationally active suppliers. Additionally, he is very familiar with the challenges of the automotive industry in a global environment. From 2007 to 2013, he was Head of Finance & Controlling and member of the Executive Board of the Lighting and Electronics division at the German automotive supplier Hella and from 2004 to 2007, among other things, in charge of controlling of the Europedivision of the supplier Hydraulik-Ring. Wiehl started his professional career in 1995 at TRW Automotive in Germany. He studied mechanical and industrial engineering at the Esslingen University of Applied Sciences, Germany, and holds a degree in industrial engineering (FH).

Bernhard Wiehl’s predecessor Dr Martin Zwyssig decided to leave the Company and to take up a new professional challenge. The Board of Directors and CEO Matthias Holzammer thank him for the commitment to the Company and wish him all the best for his professional and private future.

Deterioration in market segments Textile Fibers and Industrial Applications in the business unit CFM will be counteracted with various measures; strategic growth markets remain intact

• Continued weakness in the business unit Composites – Fibers & Materials (CFM) in the final quarter of 2019 due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications leads to a guidance adjustment for the full year 2019
• Earnings deterioration at CFM triggers an impairment testing; impairment charge will become necessary
• Initial outlook for 2020
• Comprehensive measures initiated to improve earnings of the CFM business unit
• CFM strategic growth markets automotive and aerospace remain intact
• Growth in higher-margin aerospace business to be accelerated

While the preliminary results for the first nine months 2019 remain, overall, within the scope of the full year outlook outlined in the ad-hoc notification of August 14, 2019 (preliminary 9M/2019 recurring EBIT: Group: approx. €54 million, CFM: approx. minus €2 million, GMS: approx. €71 million, Corporate: approx. minus €15 million), continued weakness is becoming apparent for the final quarter 2019 in the reporting segment Composites – Fibers & Materials (CFM). This is due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications.

SGL Carbon therefore now expects for the full year 2019 a recurring EBIT in the reporting segment CFM in a negative mid to high single digit million € amount (previous guidance: positive mid-single digit million € amount). This results in a Group recurring EBIT for the full year 2019 in the magnitude of €45 to 50 million (previous guidance: approx. €55 million).

The earnings deterioration at CFM triggers an impairment testing. Based on the preliminary status of the new five-year plan, a non-cash impairment charge of €70 to 80 million is becoming apparent in CFM mainly due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications. This impairment charge will be recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler are not affected by this impairment.

Eco-friendly dyeing auxiliary saves time, water and energy by enabling pre-scouring, dyeing and reduction clearing in a single-bath
Huntsman Textile Effects introduces the breakthrough ERIOPON® E3-SAVE dyeing auxiliary for the new “single-bath scour-dye-reduction clear concept” providing the shortest possible processing cycle for polyester thus saving time, water, energy and cost.

The demand for polyester and man-made fibers is booming as sports and athleisure apparel markets expand rapidly around the world. At the same time, brands, consumers and mills are increasingly focused on sustainability and performance resulting in raising demand for optimization of the costly, time consuming and resource intensive polyester dyeing process.

Developed by Huntsman Textile Effects specifically to meet these challenges, the advanced all-in-one ERIOPON® E3-SAVE dyeing auxiliary is engineered to help the mills achieve considerable savings in the water, energy and time for the intensive process of dyeing polyester and its blends by combining pre-scouring, dyeing and reduction clearing in a single bath.

Graf introduces at ShanghaiTex three novelties for the textile market: a new card clothing with up to 30% longer lifetime, a height adjustable comb and a helpful solution for card clothing management.
MULTISHARP, the unique wear resistant alloy for card clothings, increases the lifetime of metallic card clothings on the cylinder by up to 30%. Additionally, the work load of the maintenance team can be minimized by providing longer service cycles and less unplanned downtimes.

The yield on raw material can be increased without compromising the quality requirements – thanks to the continuous height adjustability of the new combs series. The continuous and exact gap setting between nipper and circular comb on each individual combing head provides customers a new level on raw material utilization. Additionally, the maintenance people will appreciate the comfortable and easy installation of the circular comb.

With the card clothing management the overall investment costs can be reduced. This is based on minimizing the operational expenses including optimizing the overall equipment effectiveness. Graf’s card clothing management prolongs the lifetime of flexible flats by up to three times without comprising on the quality parameters throughout the entire life cycle.

Suessen presents the new compacting devices for high flexibility, new weighting arms and premium rotor spinning components for excellent yarn quality.
COMPACTeasy is the new mechanical compacting device available as a plugon/ plug-off unit for any ring spinning machine type and suitable for most common applications like cotton, man-made fibers and blends. COMPACTeasy is the solution in compacting without additional energy requirement.

New EliTe is a versatile compact-spinning system with new innovative components. The customers profit from higher productivity, better quality and lower operational costs. Upgrade packages and spare parts packages enable the customers to benefit also on existing installations.

The new Top Weighting Arm HP 4080 for roving frames offers a new design for easy settings and improved stability. In addition, consistent yarn quality over the lifetime is guaranteed.

"Fulfillment Hub” presentation will feature collaborations with major brands, thought leadership sessions
Kornit Digital (Nasdaq: KRNT), a worldwide market leader in digital textile printing technology, has announced the details of its presence at PRINTING United 2019, taking place in Dallas, Texas, October 23-25, 2019.

PRINTING United brings the North American public debut of Kornit’s Konnect software, a cloud software analytics platform that provides users a single comprehensive user interface to monitor and manage their productivity. This empowers customers to receive real-time data about their operations, prioritize, assess costs, troubleshoot, and set goals from the convenience of their laptop, tablet, or smartphone.

A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model. TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear. The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Supergeo and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

The new fabrics are made from a mix of new generation fibers that enhance free movement such as REFIBRA™ by Lenzing, Q-NOVA® by Fulgar and the unique GRS certified premium stretch ROICA™ EF. The smartcel™ powered ID sub-collection is defined by striped structures that simulate flaws on initially smooth and perfected surfaces and provides soothing, anti-inflammatory effects thanks to the inclusion of zinc oxide, provides soothing, anti-inflammatory effects. The “EGO” selection comes in rich purples, calm lilacs and feminine yellows and features natural fibers such as organic wool. The “Superego” is available in unique styles and colours, achieved thanks to Colorzen® and the Naturally Clean® finishing. Together these enhance the natural beauty of cotton and cellulosics eliminating harsh treatments and optimizing clean surfaces with vivid colors, and an exquisitely smooth hand feel. Transformed materials take such as ECOTEC® by Marchi&Fildi take the lead saving up to 77.9% in water compared with regular cottons.

Long-established expertise and bold imagination define a state-of-the-art collection, providing an overview of the company’s complete denim services. From the idea development to the finished garment, the project was entirely envisioned, advanced and manufactured by the leading international group.

Mastery and creativity belong to Elleti Group’s character since the very beginning of its journey in the textile industry. Enhancing its unique approach, which also combines a solid tradition of excellence and the commitment towards innovation, the company returns once again to Kingpins Amsterdam Show with an exclusive new project to be presented at Transformatorhuis – Booth T7.

Inspired by six great artistic movements from the past century, Out of the blue impressions is the special capsule collection reimagining the timeless beauty of art through a unique style that breaks new ground. Twelve garments, featuring denim and more, are the result of the in-house R&D team effort and commitment to the development of one-of-a-kind solutions.

Every piece was envisioned and advanced according to a fresh and disrupting approach to art, resulting in unprecedented interpretations of much loved art periods to be realized on special canvases through specific techniques.

Zur weltweit führenden Kunststoffmesse K 2019 in Düsseldorf zeigt die TITK-Gruppe noch bis 23. Oktober 2019 einen neuen Demonstrator. Das Gerät wurde gemeinsam mit dem Institut für Luft- und Kältetechnik (ILK) aus Dresden entwickelt, um die hervorragenden Eigenschaften von Wärmespeichermaterialien auf Basis von PCM (Phase Change Material) sichtbar zu machen.

Die thermoplastische Verarbeitbarkeit des PCM-Compounds ermöglicht die Herstellung von Halbzeugen in Form von Platten, Folien, Spritzgusskörpern sowie Verbundmaterialien. Mit diesen Eigenschaften sowie in Kombination mit weiteren Zuschlagstoffen (z.B. Graphit zur Erhöhung der Wärmeleitfähigkeit) kann das Thermomanagement für eine Vielzahl von technischen Anwendungen wie z.B. in der Elektrotechnik, in der Energietechnik, im Lebensmittel- und Pharmazietransport gesteuert werden.