From the Sector

Rieter is presenting the latest innovations in its systems, components and services at the upcoming India ITME 2022 in Uttar Pradesh (India), taking place from December 8 – 13, 2022.

Autoconer X6
The automatic winding machine Autoconer X6 completes the Rieter ring and compact-spinning systems. The machine serves as the final quality assurance in the ring and compact-spinning process and is key to the performance of the subsequent process stages. The Multilink system with Multilot offers maximum flexibility to handle a different type of yarn.

The latest splicer generation OZ1 and OZ2 provides an optimum splice quality based on an open prism. With only two prisms spinning mills can splice the entire spectrum of cotton yarns as well as blends. They are also used for the splicing of cotton-based elastic core yarns in combination with the Elastosplicer. The splice zone exhibits an impressive elasticity in the fabric.

Compacting Solutions
The Rieter compacting devices include the COMPACTapron, COMPACTeasy and COMPACTdrum. Spinning mills can change quickly between ring and compact yarn and offer customers a broader product range.

Recycling Expertise from Rotor to Ring
Rieter offers solutions for the integration of recycled raw material into yarn production to help close the textile loop and make fashion more circular. Both rotor and ring yarns can be produced with a considerable amount of mechanically recycled fibers.

ESSENTIALorder
Based on existing customer information, the webshop ESSENTIALorder visualizes which Rieter machines andn systems are available inside each spinning mill. It therefore offers a personalized shopping experience and facilitates order management, enabling spinning mills to optimize their internal stock levels.

ROBOspin
The piecing robot ROBOspin reduces personnel requirements in the ring spinning section by 50%. The robot also attains productivity increases thanks to higher spindle speeds at equal or higher efficiency.

SSM NEO-FD
SSM is presenting NEO-FD, the assembly-winding machine for precision wound packages for twisting. It meets all requirements for efficient production. The machine features the auto-doffing option and the online back-pressure system for low and high package densities.

Temco CoolFlow Disc
Temco’s CoolFlow texturing discs offer longer lifetime thanks to a brand-new geometry and the latest polyurethane technology. The texturing discs now generate a disc surface that operates at a lower temperature, resulting in slower ageing and abrasion. Further benefits are more stable yarn quality, higher productivity, and an overall process cost reduction.

Highlights Grow & Deliver (compared with Q3 2021)

• Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
• ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
• Adjusted EBITDA at €283 million (2021: €325 million)
• Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

• Pricing up 13%, offsetting the increase of raw material and other variable costs. Volumes 5% lower, mainly due to destocking in the distribution channels in Decorative Paints in Europe and in Performance Coatings, as well as lower market demand in China
• Operating income at €168 million (2021: €226 million), includes €16 million negative impact from Identified items (2021: €15 million net negative impact) and €17 million negative from the retrospective hyperinflation impact of the first half-year of 2022. OPI margin 5.9% (2021: 9.4%)
• Adjusted operating income3 at €184 million (2021: €241 million); excluding the retrospective impact of hyperinflation accounting at €201 million
• Net cash from operating activities decreased to an inflow of €126 million (2021: inflow of €290 million)
• Net income attributable to shareholders at €84 million (2021: €164 million)
• EPS from total operations at €0.48 (2021: €0.89); adjusted EPS from continuing operations at €0.57 (2021: €0.93)
• Interim dividend of €0.44 per share (2021: €0.44 per share)

AkzoNobel CEO, Thierry Vanlancker, commented: “Our €201 million adjusted operating income excluding the retrospective impact of hyperinflation accounting bring our Q3 results in line with the market update issued at the end of September. Sharply increased macro-economic uncertainties negatively impacted consumer confidence. This resulted in destocking across several distribution channels in decorative paints Europe and performance coatings, while the market in China was impacted by the ongoing zero COVID-19 policy. Thanks to the strong commitment of our teams, we continue to offset the impact of raw material and freight cost inflation with pricing. We’ve now delivered cumulative pricing of 22% over the last two years. The macro-economic turbulence is expected to continue well into next year. We’ve therefore decided to suspend our targets for 2023 and will provide further guidance when announcing our full-year 2022 results. In the meantime, we will continue to focus on our margin management and cost reduction initiatives.”

and textile technology company Infinited Fiber Company’s work to build the world’s first commercial-scale Infinna™ textile fiber factory in Kemi, Finland, has progressed largely according to plan since the announcement of the factory site in June 2022. The company is increasing its focus on scaling Infinna™ production volume further as quickly as possible. This is in response to the continued and growing customer demand for the company’s high-quality regenerated textile fiber Infinna™. The market impacts of the ongoing war in Ukraine – including the increased uncertainty on the global utility, commodity and financial markets – have highlighted the need to proceed rapidly with technology scaling on multiple fronts.
 
“We are not immune to the global market context in which we operate. The supply chain issues stemming from the Covid-19 pandemic are still wreaking havoc, and the ongoing war in Ukraine has dealt a heavy blow to the global utility, commodity, and financial markets – and to us. We are satisfied with the progress at the site of our planned commercial-scale factory and the opening of the factory remains our key priority. The current, unstable market environment has highlighted the need for us to also accelerate efforts to simultaneously pursue other avenues for scaling production, with the ultimate aim of serving our customers in the best possible way in the long run,” said Infinited Fiber Company CEO and cofounder Petri Alava.
 
Infinited Fiber Company said in June that it planned to build a factory to produce Infinna™, a textile fiber that can be created 100% from cotton-rich textile waste, at the site of a discontinued paper mill in Kemi, Finland. The factory is expected to create around 270 jobs in the area and to have an annual production capacity of 30,000 metric tons, equivalent to the fiber needed for about 100 million T-shirts. The future factory’s customer-base includes several of the world’s leading apparel companies, with most of the future production capacity already sold out for several years.
 
Since June, Infinited Fiber Company has advanced the site-specific basic engineering, recruitment planning, vendor selection, and permit processes according to plan. The limited component availability caused by the continuing impacts of the Covid-19 pandemic and the war in Ukraine have, however, prolonged significantly the delivery times for some of the key equipment and machinery needed for the factory. As a result of these developments, Infinited Fiber Company has re-evaluated its overall factory project timeline. The first commercial fiber deliveries from Kemi are now expected to begin in January 2026. The scope of the project remains unchanged and construction work at the site is expected begin during 2023 as previously communicated.
 
In addition, the European energy crisis sparked by the war in Ukraine has caused the electricity prices in Finland to roughly triple, and the prices of some of the key chemicals needed in the fiber regeneration process have risen by some 200-300% since the start of the war.
 
“We of course don’t have a crystal ball. But according to our advisors and other experts, utility and commodity prices are forecast to normalize before 2026, when we now expect the first commercial fiber deliveries from Kemi to be shipped. In addition to the likely normalization of the market, the extended timeline enables us to undertake the necessary measures to develop the profitability of the future factory. The growing demand for Infinna™, despite the general turbulence, is an encouraging and clear indication of the fashion industry’s commitment to circularity,” said Petri Alava.

• The adidas x SOUL CAP partnership aims to promote greater diversity and inclusivity in the world of swimming, by helping to break down social barriers in the sport.
• The debut swim cap has been designed for people with long or voluminous hair in a range of sizes, for adults and children, in an exclusive linen green colorway.

adidas announces its first swim cap made in partnership with London-based start-up SOUL CAP , which will be available from 26th September. This collaboration – which follows the launch of adidas’ full-cover and inclusive sizing swimwear ranges last summer – is part of the brand’s ongoing commitment to make water sports more accessible.

The idea for SOUL CAP was born in 2017 when founders Michael Chapman and Toks Ahmed took up adult swimming lessons, after not having learned how to swim as children. They noticed a problem during their classes – every swimmer wore the same size swim cap, no matter what hairstyle they had, which often resulted in people struggling with ill-fitting caps. This observation led to them creating SOUL CAP, a company that makes swim caps designed for people with long or voluminous hair.

The adidas x SOUL CAP swim cap is made from 100 per cent silicone, which creates less snag on the hair ensuring a more comfortable fit. Built with extra space, it provides a snug fit and tight seal to keep long and voluminous hair dry and healthy through every type of swim. The collection consists of an adult cap in sizes Regular-XXL and a children’s cap in sizes Regular-L, in an exclusive linen green colorway.

BTMA member Sellers Textile Engineers is marking its 110th anniversary this year with the introduction of a new concept in carpet shearing, as the essential final step in ensuring tuft uniformity and ‘just new’ freshness in finished carpet rolls.

The company has for many years offered two options in the construction of its shearing cylinders – the first, namely the ‘strap-on’, incorporates spiral blades bolted to the cylinder body and the second, known as the ‘caulked-in’, includes spirals which are fixed very securely in a machined groove within the machine.

The new Sellers’ Hybrid Shearing Cylinder combines the benefits of both, resulting in an improved cut and finer finish, in addition to longer repeatable finishing and increased rigidity.

“The Hybrid Shearing Cylinder has all the advantages of the ‘strap-on’ spiral blade to provide a sharper and cleaner cut, along with enhanced rigidity which significantly lengthens the intervals between the necessary regrinding of the blade,” explains Sellers Director Neil Miller. “We currently have six Hybrid Shearing Cylinders operating in the field and the earliest, which has been installed in both No1 Head position, where the majority of the shearing operation and heaviest cut is performed, and also in No3 Head, where the sharper cutting angle has resulted in a much improved surface quality.”

Sellers shearing machines have led the field in carpet finishing for many decades, enabling the leading manufacturers to stay competitive by enabling the highest quality of finish to be achieved economically and efficiently.

The latest advanced features of these machines include a load cell tension control drive system, an automated touchscreen for easy operator control and fault diagnosis, an enhanced cleaning system including cylinder and blade separation and fully controllable pivoting beds. Further options include thickness monitoring, seam detection and metal detection systems.

“The Hybrid Shearing Cylinder will become standard on our latest machines and also be made available for retrofitting, to provide significant benefits to our existing users,” says Miller. “All of our equipment is designed, manufactured, assembled and tested at our plant in the UK, and as one of the few remaining European engineering companies to make all of our components in-house – with now over a century of accumulated know-how – flexibility in design allows our finishing solutions to be targeted to specific customers and their product requirements. Aligned to this is a lead in process control systems which ensure the accurate control, reliability and repeatability of the processing parameters on all of our machines.”

Sellers remains committed to providing complete finishing solutions for all carpet, tile and artificial grass products. Its range includes machines for tufted secondary backing, both conventional, powder and extrusion lamination, Wilton and Axminster products, artificial grass and foam lines, coating lines for bitumen, PVC, PU and other polymers, as well as shearing for all carpet products.

Ongoing developments on the company’s coating and drying lines have resulted in improved guiding and product tension control as well as dryer efficiency, reducing heat loss and optimising energy use. These include a re-design of the fan pressure boxes and impingement nozzles to increase airflow efficiency, modulating gas burners and introducing easy clean, accessible filters.

In addition, the proven dual zone system has been enhanced, giving a temperature differential of up to 80°C between top and bottom zones. Dryers can be heated by either gas or steam and operation and access have been simplified with controls via touchscreen and PLC.

An extensive range of ancillary equipment is available to provide maximum flexibility to cover product requirements, for both new processing lines and as upgrades to existing equipment.

“Carpet manufacturing is now based on well-established, tried and trusted processes and it’s rare for new innovations to be introduced into this sector,” says Jason Kent, CEO of the British Textile Machinery Association. “The new Sellers Hybrid Shearing Cylinder can provide a competitive edge for manufacturers which is currently being proven in the field. It’s one of a number of new innovations the company is planning to showcase at next year’s ITMA exhibition in Milan.”

• Stéphane Ferreira joined Carbios as Director of Operations and Executive Committee Member, on October 10, 2022.
• Frédéric Alarcon appointed Licensing Manager
• Arnaud Tillon appointed Group Marketing Director
• New areas of expertise complete the seniority of Carbios’ leadership team, following June appointments of Mathieu Berthoud as Sourcing and Public Affairs Director, Lionel Arras as Industrial Director, and Pascal Bricout as Strategy and Finance Director.
• Departure of Martin Stephan, Deputy CEO

Carbios strengthens its organization with the appointment of Stéphane Ferreira as Director of Operations. He will be in charge of the business’ global development and will steer the relationship with Carbios’ industrial and commercial partners.

Stéphane Ferreira's team will be reinforced by two new members, including:

• Frédéric Alarcon, Licensing Manager, who joined Carbios on September 5. His role is to build and deploy the process licensing model that is at the heart of Carbios’ business model;
• Arnaud Tillon, Group Marketing Director, who joined the firm on September 12. He will support the company’s development by defining and deploying the marketing strategy. He is also in charge of reinforcing the customer culture within the organization.

Martin Stephan will leave his position as Deputy CEO on October 15, 2022, after nearly six years at Carbios.

Emmanuel Ladent, Carbios’ Chief Executive Officer: "The appointment of Stéphane Ferreira as Director of Operations is excellent news for Carbios. His extensive experience in global markets will help Carbios reach a new level, by deploying the company’s proprietary technologies on a large scale. I am also very pleased with the recent arrivals of Frédéric Alarcon and Arnaud Tillon, whose respective expertise in licenses and mass-market offers will be invaluable. Lastly, on behalf of all Carbios’ teams, I want to salute and thank Martin Stephan for his continued commitment to the company’s development. His experience, expertise and skills have been key to developing partnerships which have enabled Carbios to be so close to industrial deployment and recognized as the future worldwide leader of plastics and fibers in the circular economy."

Stahl, an active proponent of responsible chemistry, has been awarded the highest EcoVadis Platinum rating, placing it within the top 1% of companies assessed by EcoVadis. The award underlines Stahl’s commitment to collaborating with its partners to reduce its environmental impact and build a more responsible and transparent supply chain.

EcoVadis is a globally recognized evidence-based assessment platform that reviews the performance of more than 90,000 organizations across key sustainability criteria. These include environmental impact, labor and human rights standards, ethics, and sustainable procurement practices. The latest report from EcoVadis highlights Stahl’s positive progress across all these areas and builds on the Gold rating achieved by the company in 2021. Stahl’s 2030 target is to maintain the EcoVadis Platinum rating by working closely with its value-chain partners to help them reduce their environmental impact – including by supporting their transition to renewable feedstocks. In 2021, 80% of Stahl’s total spend on raw materials was supplied by EcoVadis-rated suppliers.
 
The new EcoVadis rating comes as Stahl accelerates its efforts to ensure a more responsible and transparent supply chain. Recent steps toward this goal have included establishing a dedicated Supply Chain Transparency division within the company’s Environmental, social, and governance (ESG) department. The division will be tasked with coordinating a new product development framework that prioritizes the responsible sourcing of raw materials. Furthermore, in July 2022, Stahl submitted a new greenhouse gas (GHG) emissions reduction target, including a specific commitment regarding the company’s Scope 3 upstream emissions. Stahl aims to reduce these by at least 25% over the next 10 years, compared with the base year (2021). Stahl expects to achieve this reduction primarily by working with its suppliers to replace fossil-based raw materials with lower-carbon alternatives.

Ulrich Reifenhäuser, CSO of the Reifenhäuser Group, was awarded the prestigious Georg Menges Prize 2022 at the 31st International Colloquium on Plastics Technology in Aachen from September 7-8, 2022. The prize recognizes individuals or groups who have rendered outstanding services to the transfer of research results into industrial practice. The sponsors of the award are the Plastics and Rubber section of Germany's Mechanical Engineering Industry Association (VDMA), together with PlasticsEurope Deutschland and the Association of Sponsors of the Institute for Plastics Processing (IKV) in Industry and Craft at RWTH University. The award is traditionally presented every two years during the colloquium organized by the IKV. Ulrich Reifenhäuser is the first businessman to receive the Georg Menges Award.

The award was presented by Professor Dr.-Ing. Christian Hopmann, Director of the IKV and Dr.-Ing. Herbert Müller, Chairman of the Board of the IKV Sponsors' Association. In his laudatory speech, Professor Hopmann highlighted Ulrich Reifenhäuser's great and successful commitment to the industry and his tireless search for optimal solutions that are sustainable in the best sense of the word, and praised him as a personality of integrity and integration. "The Georg Menges Prize is awarded for the consistent implementation of research and innovation in industry. The previously described achievements of our prizewinner would certainly have been enough to receive the award but, for the sponsors of the Prize, what was especially important and the key argument for their decision was Ulrich Reifenhäuser’s honorary dedication to the K tradefair," explained Professor Hopmann.

Ulrich Reifenhäuser has been a member of the Reifenhäuser Group management since 1992 and is responsible for international line sales. Together with his brother Bernd Reifenhäuser, he manages the company in the third generation. Ulrich Reifenhäuser has been a board member of the VDMA Plastics and Rubber Machinery Association for more than 25 years and has been its chairman since 2010. In 2020, he was inducted into the Plastics Hall of Fame, as was the award's namesake, and in 2022 he will be co-chairing the world's leading plastics trade fair in Düsseldorf for the seventh time in a row as "President of K show."

Global Fashion Agenda (GFA) has launched a new international edition of Global Fashion Summit. Traditionally held in Copenhagen, the new edition in Singapore will further focus on the perspectives of manufacturers and supply chain partners to deeper understand how the industry can collaborate to reduce social and environmental impact in the entire value chain. Global Fashion Summit: Singapore Edition will take place on 3 November 2022 at Hilton Singapore Orchard.

The theme of Global Fashion Summit: Singapore Edition continues GFA’s focus on ‘Alliances For a New Era’. Under this theme, the Summit will call on the industry to accelerate change - encouraging more alliances between manufacturers, suppliers, investors, brands, NGOs, policymakers and more. It will also examine cross-industry alliances, in a bid to accelerate the transition to a net positive reality.
 
By bringing the forum to Asia, the new edition will include even more manufacturer and supply chain partner voices in the programme to discuss sustainability challenges, differences, and opportunities to collaborate with brand executives on equal terms. Plenary sessions will consider topics such as:

• Renewable energy transformation – what does concrete transformation look like from tier 1-3 perspectives and what measures are needed to implement it?
• Better wage systems – how can the industry establish fair compensation, underpinned by fair purchasing practices that will help end poverty for millions of garment workers?
• Performance measurement – how can the industry accurately measure sustainability performance and tackle data credibility challenges?

Half of the programme will be dedicated to educational and action-oriented business case studies with options for direct interaction and live reactions. These will include tangible learnings and concrete recommendations to mobilise guests to take immediate action following the event.
 
The event will foster further collaboration across stakeholder groups through productive roundtable sessions that create an exchange of views among key decision makers in both the public and private sectors. These meetings will be designed and set up to drive commitments and new alliances for concrete action.

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced its commitment to science-based targets by the Science Based Targets initiative (SBTi) to help drive its ambitious sustainability programs. The company will also participate in the SBTi Expert Advisory Group for the chemicals industry.

SBTi is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute, and the World Wide Fund for Nature to help businesses set emissions reduction targets based on the most recent climate science. IVL has committed to science-based targets under its purpose of “Reimagining chemistry together to create a better world” which aims to reduce global warming in line with the 1.5°C Paris Climate Agreement.

Under its Vision 2030 ambition, Indorama Ventures aims to build on its global industry leadership in sustainability, including by reducing GHG intensity by 30% and increasing renewable electricity consumption to 25%. Green projects are helping the company to achieve its operational efficiency targets, increase its use of renewable energy (especially renewable electricity – both onsite generation and offsite procurement through power purchase agreements), implement new decarbonization technologies including carbon capture, introduce bio-feedstock to its petrochemical value chain, and expand its PET recycling capability.

To meet its targets, IVL recognizes the importance of collaboration between the public and private sectors to decarbonize its operations through a variety of strategies. The established targets help its customers and suppliers to achieve their own sustainability goals, particularly their science-based targets.

Yash Lohia, Chairman of ESG Council at Indorama Ventures, said, "We are pleased to make our sustainability commitment more practical and measurable through science-based targets. We are dedicated to finding new technologies that can transform our operations and products towards net-zero. The efforts are not only for our sustainable business but also to support our customers and suppliers to achieve their own sustainability goals."