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RadiciGroup and Atalanta: Renewal of partnership for 2024/25 season

RadiciGroup and Atalanta Bergamasca Calcio announce the renewal of their partnership for the 2024/25 season. RadiciGroup will be the "Sponsor del Cuore" (Heart Sponsor) for the Italian Serie A league and the Supercoppa Italia, which will take place in January 2025 in Riyadh, while it will be the "Sleeve Partner" in the UEFA Champions League and Coppa Italia matches.

RadiciGroup therefore remains the "Sponsor del Cuore" of the Atalanta team, renewing the partnership started in 2017. Over these years, during which the Nerazzurri have achieved success, RadiciGroup has always supported the management, coach, players, and staff of Atalanta. This relationship is based on shared values such as attention to the territory, passion for the black and blue colours, and the ability to showcase an incredible game that highlights each player's talent within a winning team. Atalanta concluded the 2023/24 season triumphantly, winning the Europa League and giving Bergamo fans a trophy.

AkzoNobel publishes results for Q2 2024

Highlights Q2 2024 (compared with Q2 2023)

  • Organic sales up 2%, with volumes up 1%; Revenue up 2%
  • Operating income €270 million (2023: €279 million)
  • Adjusted EBITDA €400 million (2023: €397 million); Adjusted EBITDA margin 14.4% (2023: 14.5%)
  • Net cash from operating activities positive €151 million (2023: positive €305 million)

Highlights half-year 2024 (compared with half-year 2023)

  • Organic sales up 2%, driven by higher volumes and positive price/mix; revenue flat
  • Operating income €531 million (2023: €461 million)
  • Adjusted EBITDA €763 million (2023: €702 million); Adjusted EBITDA margin 14.1% (2023: 13.0%)
  • Net cash from operating activities negative €19 million (2023: positive €255 million)

Outlook
Based on current market conditions and constant currencies, AkzoNobel expects to deliver 2024 adjusted EBITDA towards the lower end of its full-year guidance range of €1.5 to €1.65 billion.

RE&UP's recycling technologies: €70 million senior loan from Proparco

Proparco has announced a €70 million senior loan to RE&UP Recycling Technologies, the circulartech textile recycling venture of SANKO Group. This investment will enhance RE&UP's capacity to scale Next-Gen recycled fiber production while reducing both carbon and water footprints driving RE&UP to set a new standard for circularity in the textile industry.

SANKO Group, with over 120 years of industry experience, remains a key partner for Proparco. The loan will support the construction of a new textile-to-textile recycling facility in Gaziantep, featuring 8.4MW rooftop solar panels for self-consumption.

Brückner, Groz-Beckert and Karl Mayer: Warp knitting symposium in Brazil

The German companies Brückner, Groz-Beckert, the Karl Mayer Group and Thies invite representatives of the Brazilian textile industry to a symposium with presentations and discussion panels in Blumenau, Brazil, on August 21, 2024. The event will be held at NS Armazém, Fortaleza, Blumenau and will focus on the current demand trend for warp knitted elastic fabrics.

The aim of the symposium is to provide a platform where knowledge can be exchanged and cooperation intensified. The symposium offers a wide variety of technical presentations as well as best practice examples and showcases cutting-edge technologies and innovations in warp knitting technology.

Interactive sessions and discussion rounds promote exchange among participants and provide networking opportunities. The event language is Portuguese.

ACIMIT: Orders for Italian textile machinery declining in Q2 2024

In the second quarter of 2024, the order index for Italian textile machinery, as reported by the Economics Department of ACIMIT – the Association of Italian Textile Machinery Manufacturers, showed a decline compared to the period 2023 April-June (-17%). In value terms, the index stood at 49.8 points (base 2021=100).

This result is completely due to the decrease recorded in foreign markets (-22%), where orders represent 86% of the total. Conversely, in Italy, there was a 25% recovery compared to the second quarter of 2023. The absolute value of the index in foreign markets was 48.8 points, while in Italy it was 57.3 points. In the second quarter, the order backlog reached 4.3 months of assured production. Additionally, ACIMIT’s survey shows that in the first six months of 2024 the utilization rate of production capacity by Italian manufacturers was 61%. This percentage is expected to rise to 64% in the second half of the year.

SeamSleeve: Tracking the effectiveness of physiotherapy at home

Everyday clothing may soon be able to capture and record body movements, according to new research published by the Universities of Bath and Bristol.

Harmless low voltages are passed through conductive threads which are stitched into garment seams to create electrical circuits. Their resistance changes with the movement of the wearer's body.
This work opens up new possibilities to make digital clothing which senses and captures movements much more accurately than is possible using current phones and smart watches.

The paper describing the new clothing concept, presented this week at the Designing Interactive Systems (DIS) conference in Copenhagen, lays the foundations for e-textile designers and clothing manufacturers to create cutting-edge garments that could enhance exercise, physiotherapy and rehabilitation.

Call for Borealis Scientific Innovation Award

Achieving Borealis’ vision of leading a sustainable transformation through innovative plastics and base chemicals solutions to create a fully circular future requires fresh thinking. Through the Borealis Scientific Innovation Awards (BSIA), Borealis provides a platform for ideas that accelerate the circular transformation and encourages the dedication and diligence needed to drive sustainable progress.
 
This year, the BSIA will recognize peer-reviewed publications or theses (publication paper, Bachelor, Master, PHD, Postdoc) that describe an innovative idea within the focus area of new solutions for the sustainable production and use of plastics. This includes e.g. new catalysts, energy efficient polymerization processes, recycling of polymers and polymeric materials for energy transformation.  
 

Archroma and Vivid CLM team up to advance color matching for textile printing

Archroma is collaborating with Zydat Inc. to bring the complete Color Atlas by Archroma® color library to the Vivid Color Library Management (CLM) color-matching platform for faster and more accurate inkjet digital printing of fashion and textiles

Archroma’s Color Atlas is the textile industry’s largest library of engineered color standards, with more than 5,760 color references formulated to comply with leading eco-standards and deliver consistent and accurate color reproduction.

With these colors available within Vivid CLM’s online color palette optimization and correction tools, designers can more quickly and easily create and share their color palettes for more accurate inkjet printing. This can reduce the burden of pre-production color proofing and streamline the color management process to help deliver high-quality printed fabric and apparel in a fast and economical way.

Hong Kong Polytechnic University develops intelligent activewear

The Paris 2024 Summer Olympic Games are just around the corner and a global sports frenzy is underway. However, intense summer workouts often lead to sportswear absorbing excessive sweat, becoming clingy and cumbersome, causing discomfort and potentially impacting performance. A research team from the School of Fashion and Textiles at The Hong Kong Polytechnic University (PolyU) has developed the iActive™ sportswear range which features a root-like liquid transport system and a skin-like active perspiration dissipater and utilises nature-inspired, anti-heat textile fabrics to expedite sweat removal, effectively reducing the weight and stickiness of activewear caused by sweat accumulation during exercise.

adidas and Juventus: Lunar inspired 2024/25 Home Kit

adidas reveals the new Juventus home kit for the 2024/25 season, with a bold, cosmic interpretation of the colours deeply associated with the club. A dynamic interplay of the traditional black and white vertical stripes is given a modern lunar twist, with a subtle all-over crater graphic reflecting the landscape of the moon’s surface.

The kit boasts a unique structured fabric created using a 3D engineering method to construct the jersey in three levels. This layered fabric creates both visual and haptic intrigue when experienced up close, by incorporating textured details that replicate the undulating surface of the moon.

The on-field version of the jersey is constructed with HEAT.RDY technology, using advanced materials to maximize air flow to keep players feeling cool, while the fan version features AEROREADY technology, which uses sweat-wicking or absorbent materials to keep the body feeling dry.

Business

Study - Asia

Technical University Darmstadt conducts study

"India and China as procurement markets". A comparative study for the German textile industry

Textination members can request the results of the study under the keyword China-India by mail: news@textination.de.

Study - Austria

Bank Austria presents study on textile and clothing industry

In May 2017 the bank presented its industry report on the Austrian textile and clothing industry.

You can find the download link for the study in our newsline from 18 July 2017.

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