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Record Breaking Figures for the 10th JEC ASIA © JEC Group
One of the 3 levels of JEC Asia 2017
07.11.2017

Record Breaking Figures for the 10th JEC ASIA

  • International composites event, for the first time in Seoul
  • The first ever French industrial event to take place in South Korea closed its doors last November 3, 2017 after 3 days of intense business

JEC Asia strategic move from Singapore to Seoul really paid off. More than 230 exhibiting companies from Asia, Europe and America were represented on the event that was organized over 3 floors of the COEX Exhibition Center of Seoul. The event registered a record number of 6,271 professional visits from 42 countries, the top visiting countries being South Korea, China, Japan, Taiwan and France.

  • International composites event, for the first time in Seoul
  • The first ever French industrial event to take place in South Korea closed its doors last November 3, 2017 after 3 days of intense business

JEC Asia strategic move from Singapore to Seoul really paid off. More than 230 exhibiting companies from Asia, Europe and America were represented on the event that was organized over 3 floors of the COEX Exhibition Center of Seoul. The event registered a record number of 6,271 professional visits from 42 countries, the top visiting countries being South Korea, China, Japan, Taiwan and France.

“The 10th anniversary of JEC Asia marked a real turning point for the composites industry in Asia Pacific. Not only have we gathered the whole composites value chain in one place for 3 days, but we also succeeded to apply our new strategy towards end-users as we have welcomed professionals from composites using industries such as Aerospace, Automotive, Electronic & Electric Equipment, Construction, Sports & Leisure and many more.” comments Ms. Frédérique MUTEL, JEC Group President and CEO. “Based on the outcomes of this session, we have already decided to double the surface of the event on one unique floor to be able to accommodate more exhibitors and innovative parts in 2018”, she adds.

“We very much appreciated the support of local authorities such as the City of Seoul who did it utmost to welcome international attendees and top buyers as well as the Korean Composites Industry in general for its massive participation. Also, we were very proud to host the 12th International Carbon Festival and we believe that our synergies contributed to such a successful event”, says Christian STRASSBURGER, JEC Asia Director.

JEC Asia, International Composites Event, will return in Seoul next November 14-15-16, 2018. www.jeccomposites.com

Lenzing Group Lenzing AG
Lenzing Group
23.08.2017

Lenzing Group achieves best half-year results in its history

  • Revenue up 11 percent to EUR 1,149.1 mn
  • EBITDA increase of 38.8 percent to EUR 270.7 mn
  • Detailed planning for new production plant for TENCEL® fibers in Thailand in Progress
  • New sales offices opened in Turkey and Korea
  • New EcoVeroTM branded viscose fibers with very favorable ecological footprint launched

The Lenzing Group generated new record highs in the first half of the 2017 financial year for both revenue and earnings. The key underlying factors were good capacity utilization, higher selling prices and an attractive product mix. Lenzing will continue to focus on the disciplined implementation of the Group strategy sCore TEN, in order to be even closer to the customer and to further expand the offering of specialty fibers.

  • Revenue up 11 percent to EUR 1,149.1 mn
  • EBITDA increase of 38.8 percent to EUR 270.7 mn
  • Detailed planning for new production plant for TENCEL® fibers in Thailand in Progress
  • New sales offices opened in Turkey and Korea
  • New EcoVeroTM branded viscose fibers with very favorable ecological footprint launched

The Lenzing Group generated new record highs in the first half of the 2017 financial year for both revenue and earnings. The key underlying factors were good capacity utilization, higher selling prices and an attractive product mix. Lenzing will continue to focus on the disciplined implementation of the Group strategy sCore TEN, in order to be even closer to the customer and to further expand the offering of specialty fibers.

Consolidated revenue increased by 11 percent from the first half of the previous financial year to EUR 1,149.1 mn. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) were up 38.8 percent to EUR 270.7 mn, corresponding to an EBITDA margin of 23.6 percent in comparison to 18.9 percent in the prior-year period. Earnings before interest and tax (EBIT) increased by 57.4 percent to EUR 204.2 mn, resulting in a higher EBIT margin of 17.8 percent (H1 2016: 12.5 percent). The profit for the period improved by 58.9 percent to EUR 150.3 mn, and earnings per share climbed 59 percent to EUR 5.55 per share.

“The first half-year developed very well for the Lenzing Group, and we are pleased with the best half-year period in the company’s history. We will continue our disciplined implementation of the sCore TEN strategy. The expansion of new state-of-the-art production capacities for our specialty fibers is proceeding well and will support our customers in their own expansion efforts for products made of our botanic fibers. The decision to set up a subsidiary and acquire a respective landplot in Thailand is the next step in the implementation of this strategy. On the innovation side we are proud that after the introduction of RefibraTM branded lyocell fibers, we launched now EcoVeroTM. This is a particularly high-performance fiber featuring a very favorable ecological footprint and sets the new benchmark for the entire industry – from fiber to garment”, states Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “Assuming that fiber market conditions remain at current levels, we expect a substantial earnings improvement in 2017 compared to 2016.”

Outlook
The wood-based cellulose fiber segment, which is relevant for Lenzing, should again outpace the overall fiber market. The demand for these cellulose fibers was very good in the first half year of 2017, with the long-term trend pointing towards further growth in viscose and, above all, wood-based cellulose specialty fibers. On the supply side, the market is not expected to see the entry of any notable new production capacity in 2017.
The Lenzing Group had an excellent first half year 2017 and registered strong demand for its fibers during the first two quarters which, in turn, led to continued very high capacity utilization in all product groups. The market price index for viscose fibers was substantially higher than in the comparable prior year period. Under the assumption of unchanged conditions in the fiber market and stable exchange rates, Lenzing expects a considerable improvement in results in the fiscal year 2017 compared to 2016.
 
 
More information:
Lenzing Group Fibers
Source:

Lenzing AG

Swiss Companies Schoeller Technologies AG/ Press Department
Swiss Companies
08.04.2017

Swiss companies Schoeller and Textilcolor develop revolutionary polyester dyeing

An exciting new development, resulting from a Swiss collaboration between textile manufacturer Schoeller and auxiliaries and dyes specialists at Textilcolor. ecodye is a new auxiliary concept used, in particular, in polyester dyeing processes. The technology accelerates the dyeing process and contributes to cutting costs, while at the same time helping to preserve the environment with a low level of demand on resources.
Less time, less water, less energy – the new ecodye auxiliary concept allows eco-friendly and cost-saving dyeing processes for polyester yarns and piece goods. It shortens the heating phase, thus accelerating process time by more than 30 percent. At the same time, it reduces energy consumption by 20 percent and the water requirement by 25 percent, as the goods can be cleaned in the cooling dye bath.

An exciting new development, resulting from a Swiss collaboration between textile manufacturer Schoeller and auxiliaries and dyes specialists at Textilcolor. ecodye is a new auxiliary concept used, in particular, in polyester dyeing processes. The technology accelerates the dyeing process and contributes to cutting costs, while at the same time helping to preserve the environment with a low level of demand on resources.
Less time, less water, less energy – the new ecodye auxiliary concept allows eco-friendly and cost-saving dyeing processes for polyester yarns and piece goods. It shortens the heating phase, thus accelerating process time by more than 30 percent. At the same time, it reduces energy consumption by 20 percent and the water requirement by 25 percent, as the goods can be cleaned in the cooling dye bath.
In addition, ecodye improves the dyeing levelness in polyester textiles. Spots and dye agglomeration are almost completely avoided, and the precipitation on the goods that arises as a result of polyester oligomers are no longer evident. ecodye provides good shade stability and avoids reproduction problems from batch to batch, thus reducing the rate of double staining and increasing the capacity utilization and productivity of the dyeing mill on a long-term basis.


Following a successful launch phase, ecodye has already been able to provide numerous positive test results. The technology is being used by polyester-processing customers in categories including outdoor, sportswear and technical knitted fabrics, primarily in Europe, South and Middle America, Turkey, Bangladesh and China.            

More information:
Schoeller Swiss companies
Source:

Schoeller Technologies AG/ Press Department