Aus der Branche

• DECATHLON investiert in Textilrecycling-Startup Recyc’Elit.
• Als Hersteller von Sportartikeln unterstützt das Unternehmen Start-ups, die die Kreislaufwirtschaft in der Textilindustrie vorantreiben wollen.

Recyc’Elit wurde 2020 in Lyon (Frankreich) von den Brüdern und promovierten Wissenschaftlern Karim und Raouf Medimagh gegründet. Sie entwickelten eine Technologie zur Materialtrennung, um recycelten Polyester, Elasthan und Polyamid zu gewinnen. Mit einem ersten Prototyp, der 2025 gebaut werden soll, verfolgt das Start-up das Ziel, Textilabfalldurch einen chemischen Recyclingprozess wieder in den Produktionskreislauf einzubinden, was in einer Vielzahl von Branchen Anwendung finden kann.

Die Technologie von Recyc’Elit ermöglicht für Decathlon den Zugriff auf recycelte Textilien aus Abfällen, was einerseits den Wettbewerbsvorteil aufrecht erhält, andererseits die Möglichkeit eröffnet, Teil der Textilrecycling-Wertschöpfugskette zu werden.
 
Decathlons Initiative zielt darauf ab, Innovationen zu fördern und nachhaltige Ansätze in der Textilindustrie zu unterstützen. Diese stehen im Einklang mit den Bestrebungen und der Vision von Recyc'Elit, die textile Wertschöpfungskette umzugestalten, und tragen zur Realisierung dieser Partnerschaft bei.

INDA, the Association of the Nonwovens Fabrics Industry, announces the publication of the eleventh edition of the annual North American Nonwovens Supply Report.  

Based on extensive research, producer surveys and interviews with industry leaders, this report provides a comprehensive view of the North American supply of nonwoven materials including the key metrics of capacity, production and operating rates, and regional trade through 2023.

The Executive Summary from annual Supply Reports, the quarterly INDA Market Pulse and monthly Price Trends Summary are provided to INDA members on a complimentary basis as part of their membership. The data gathered for this annual report serves as the foundation for both the biennial Global Nonwoven Markets Report to be published in October 2024 and the biennial North American Nonwovens Industry Outlook, which was published in October 2023.

Findings from this year’s Supply Report include:

• North American capacity continues to increase with investments being made across all processes and for a variety of end-uses. Production output is shifting and has slowed down in 2023 to reflect larger machine installations just now coming on-line.
• In 2023, the capacity of nonwovens in North America reached 5.713 million tonnes, an increase from the previous year of over 230,000 tonnes.
• Many new nonwoven production lines were installed in 2023, but mostly in the long-life sectors which shows a positive move towards sustainable goals across the board.

• Sales Volume rose 3% QoQ and 2% YoY to 3.55MT
• Adjusted EBITDA of $366M, a rise of 32% QoQ and a decline of 2% YoY
• Operating cash flows of $184M
• Net Operating Debt to Equity of 1.12
• Reported EPS of THB0.17

Indorama Ventures Public Company Limited (IVL) reported an improved quarterly performance as the prolonged destocking trend showed further signs of easing. During the quarter, the company progressed its IVL 2.0 evolved strategy to enhance earnings quality and transform its business to emerge stronger from the downturn in global chemical markets.

Indorama Ventures’ reported Adjusted EBITDA1  of $366 million in 1Q24, a 32% increase QoQ and a 2% decline YoY. Sales volume grew 3% QoQ as the widespread customer destocking that sapped demand through 2023 shows signs of a gradual recovery across all sectors, partially offset by a winter freeze in the U.S. The result was supported by lower utilities costs in Europe, Red Sea-related supply chain disruptions that benefited the company’s import parity advantages, and favorable shale gas economics that bolstered profitability in the U.S.

Indorama Ventures expects the recovery in volumes to continue through 2024, albeit at a gradual pace as destocking normalizes and the approaching summer supports demand. However, the overall landscape for the global chemical industry remains challenging due to excess capacity builds, as well due to persistent inflation and high interest rates which weigh on industry spreads and continue to impair profitability, especially across the polyester value chain. Our HVA segment ‘Indovinya’ is progressing well into the second quarter post the easing of destocking and anticipating a healthy 2024.

The company’s experienced management remains intensely focused on managing costs, optimizing competitiveness, and maintaining high liquidity. Indorama Ventures’ diverse geographical footprint is a key advantage in the current low-margin environment, allowing its businesses to maintain their strong market premium, supported by protection from trade and non-trade barriers.

In 1Q, the company made headway with its IVL 2.0 three-year plan to leverage its global leadership position and forge a new era of opportunity amid significant structural changes in chemical markets. Under the evolved strategy, which the company outlined at its annual Capital Markets Day in March, Indorama Ventures is optimizing assets, reducing debt, and focusing on generating free cash flow to deliver enhanced shareholder returns. Today, 70% of the company's revenue has deployed the SAPS/4HANA ERP and is using the infrastructure to enhance digital procurement, sales excellence, and integration of supply chains across the business. The company believes these AI tools will improve productivity and costs, as well as release working capital in line with its modernization strategy.

As part of IVL 2.0, the company is optimizing 7 sites, including the ongoing evaluation of its PTA/PET operation in the Netherlands. It has also made significant progress in its program to refinance $1.1 billion of debt within the first half of 2024 to ensure ample liquidity. Recent capital raisings include a $255 million ‘Ninja loan’, a THB 10 billion debenture, a $100M bi-lateral loan, and this week’s successful close of a $500 million syndicated loan – achieved at lower-than-average spreads compared to previous issuances.

To unlock value, Indorama Ventures is preparing its packaging and surfactants businesses for IPOs. From 1Q24, the Indovinya segment (previously named ‘Integrated Oxides and Derivatives’) is focused on developing its attractive downstream surfactants operations as a separate segment. The segment’s Intermediate Chemicals business, consisting of shale base integrated Ethylene MEG, MTBE and merchant Purified EO assets, have been moved under the Combined PET (CPET) segment where they are a natural fit.

Segment Performances
In 1Q24, CPET segment (including Intermediate Chemicals) posted Adjusted EBITDA of $249 million, a 34% gain QoQ and 4% YoY as supply chain disruptions and a consequent spike in global ocean freight rates supported high prices and margins, and as Western markets benefited from lower energy costs. The Indovinya segment reported a stable Adjusted EBITDA of $70 million, impacted by the winter freeze in the U.S and a mini turnaround at a PO/PG plant. The Fibers segment achieved a remarkable 73% increase in Adjusted EBITDA to $39 million QoQ, and 2% YoY, as destocking waned across all three business verticals and drove an 8% QoQ increase in volume.

INDA, the Association of the Nonwoven Fabrics Industry, and AFS, the American Filtration & Separations Society, announce their strategic partnership to create the FiltXPO™ 2025 Conference Program. FiltXPO, the International Filtration Conference & Exhibition, will co-locate with IDEA®25 from April 29 to May 1, 2025, in the Miami Beach Convention Center, Miami Beach, Florida.

The theme for FiltXPO 2025 is “The Future of Filtration: Advancing Technology, Performance & Sustainability.” The two-day FiltXPO conference program will feature technical insights into filtration innovations and technologies from industry professionals worldwide. INDA and AFS will issue a call for abstracts in the next few weeks.

Juki America and Coloreel revealed a partnership that will extend Coloreel’s thread dyeing technology to the sewing industry. With Coloreel, Juki sewing machines can now access millions of precise colors in real time.

Juki’s distributors will get exclusive rights to market and sell Coloreel for sewing machines within North and South America. The first official installation of Coloreel paired with a Juki sewing machine will be at FABRIC Incubator in Arizona, USA, a fashion incubator and garment manufacturer that supports up-and-coming designers.

Eine innovative Webanwendung ermöglicht ab sofort eine selbständige, zeitlich flexible und digitale Anprobe bei der Auswahl von Berufsbekleidung. Durch den Einsatz der KI-basierten Technologie von Sizekick, die das Start-Up gemeinsam mit Hohenstein entwickelt hat, bietet der Textildienstleister Elis seinen Kunden erstmals personalisierte Größenempfehlungen auf Basis individueller Körpermaße.
 
Die von Sizekick in Zusammenarbeit mit Elis implementierte Webanwendung ermittelt anhand eines zweistufigen Prozesses die passende Größe für die Kunden Webshops: Zuerst werden über den BodyFinder realistische Körperformen vorgeschlagen und ausgewählt. Anschließend wird die Größenermittlung mit einem videobasierten Body-Scan mittels Smartphone-Kamera abgeschlossen. Die Daten werden anonymisiert übertragen, sodass nur die passende Kleidungsgröße an Elis übermittelt wird. Die Größenberatung dauert insgesamt nur wenige Minuten und ist benutzerfreundlich gestaltet.

Der Bundesverband Medizintechnologie (BVMed) hat sein Geschäftsstellen-Team mit Toni Zamzow (39) verstärkt. Er ist seit 1. Mai 2024 Referent Ambulante Gesundheitsversorgung und kümmert sich insbesondere um Themen und Verbandsgremien im Bereich der Hilfsmittelversorgung. Das BVMed-Referat Ambulante Gesundheitsversorgung wird seit 2020 von Juliane Pohl geleitet.

Toni Zamzow war zuvor über 15 Jahre für die RSR Reha-Service-Ring GmbH, eine bundesweite Gemeinschaft von Reha- und Sanitätsfachhandelsbetrieben, tätig und leitete zuletzt das Vertragsmanagement zwischen Leistungserbringern und Krankenkassen. Er absolvierte eine Ausbildung zum Sozialversicherungs-Fachangestellten bei der Deutschen Rentenversicherung und ein ILS-Fernstudium mit erfolgreicher IHK-Prüfung zum Fachwirt im Sozial- und Gesundheitswesen.

Pincroft, a textile dyeing, printing and finishing company, bolstered its efforts to achieve efficient and sustainable textile operations by adopting Baldwin Technology’s innovative TexCoat™ G4 system.
 
The U.K-based company offers a range of technical finishes, including flame-retardant treatments, anti-mosquito solutions and durable water repellents. As a provider of finishing solutions for workwear and military fabrics, Pincroft holds itself to high quality expectations and compliance standards, ensuring that its products deliver superior performance in challenging environments.

Since installing Baldwin’s TexCoat G4 system in September 2022, Pincroft has reduced finishing chemistry usage by 20%, with no waste or color changeovers and no need for periodic pad renewals. It has also reduced water consumption by 50% as a result of increased chemistry concentration enabled by precision spray technology. Additionally, with TexCoat G4, productivity has increased by 50%, due to lower wet pick up, allowing for a significantly higher line speed.
 
By reducing time needed in the stenter, the TexCoat G4 system uses just 10% of the energy required by the traditional pad finishing process.

London Marathon Events (LME) partnered with the Salvation Army Trading Company (SATCoL), the trading arm of The Salvation Army, to collect discarded participant clothing at its event in London. On 21st April The Salvation Army collected a record 18.9 tonnes of clothing from the mass participation event.

Salvation Army volunteers and helpers supported to collect clothing discarded by participants prior to the Start line. The clothing was transported to The Salvation Army’s processing centre in the East Midlands for sorting and distribution to be resold, reused or recycled.

The profits that the Salvation Army Trading Company raise, is donated to The Salvation Army to continue to support the work they do across the UK.

The scheme is one of LME’s new sustainability initiatives for 2024 aimed at reducing the environmental impact of its events, with a particular focus on lowering carbon emissions, cutting waste and improving circularity.

The Salvation Army team will continue with the clothing collections at the following events this year:

• Ford RideLondon on Sunday 26 May
• The Big Half on 1 September
• The Vitality London 10,000 on 22 September
• The Royal Parks Half on 13 October

Spinnova’s R&D yarn spinning line has been inaugurated in Tearfil’s mill in Portugal.

Spinnova and Tearfil entered into a yarn development cooperation agreement in June 2023, where the two companies share the capacity of the spinning line. The spinning line machinery was delivered by Rieter, a leading supplier of yarn production systems. The R&D spinning line is used for product development and testing of SPINNOVA® fibre. The aim is to develop the fibre to be used in different applications in commercial-scale yarn production and to streamline development work with industrial partners.

The spinning line is located in Tearfil’s facilities in the textile hub of Guimarães, Portugal, and Tearfil is responsible for operating the line.