From the Sector

Reset
06.12.2021

Sateri has been awarded the Oeko-Tex STeP certification

Sateri’s Lyocell facility in Rizhao, Shandong Province, has been awarded the Sustainable Textile Production (STeP) certification for responsible production, making it the first Lyocell producer in China to be certified to the rigorous standards set by independent Swiss-based certification organisation OEKO-TEX®. Sateri’s Lyocell facility has also obtained the highest ranking of level three in the certification assessment scoring for exemplary implementation of best manufacturing practices.

Together with its earlier achievement of the STANDARD 100 by OEKO-TEX® certification that confirms its Lyocell fibre is free from any harmful substances and complies with European standards, Sateri’s lyocell products are qualified to carry the MADE IN GREEN by OEKO-TEX® product label. This label not only attests to Sateri’s Lyocell fibre as safe and manufactured in environmentally-friendly, socially responsible and safe facility, but also the Group’s commitment to higher levels of transparency and accountability through the product traceability feature of the label.

Sateri’s Lyocell facility in Rizhao, Shandong Province, has been awarded the Sustainable Textile Production (STeP) certification for responsible production, making it the first Lyocell producer in China to be certified to the rigorous standards set by independent Swiss-based certification organisation OEKO-TEX®. Sateri’s Lyocell facility has also obtained the highest ranking of level three in the certification assessment scoring for exemplary implementation of best manufacturing practices.

Together with its earlier achievement of the STANDARD 100 by OEKO-TEX® certification that confirms its Lyocell fibre is free from any harmful substances and complies with European standards, Sateri’s lyocell products are qualified to carry the MADE IN GREEN by OEKO-TEX® product label. This label not only attests to Sateri’s Lyocell fibre as safe and manufactured in environmentally-friendly, socially responsible and safe facility, but also the Group’s commitment to higher levels of transparency and accountability through the product traceability feature of the label.

The STeP by OEKO-TEX® certification comprises three levels describing the extent to which a company has achieved sustainable production and working conditions of factories in the textile industry. The areas of assessment include chemicals management, environmental performance, environmental management, social responsibility, quality management, as well as occupational health and safety.

Sateri’s Lyocell fiber factory in Rizhao commenced operation in May 2020, with an annual output of 20,000 tonnes of Lyocell fiber. The same site houses a 5,000 tonne Lyocell pilot production line dedicated for the development of Lyocell application technology. In March 2021, the Group announced plans to expand its Lyocell annual production capacity in China up to 500,000 tonnes by 2025.

A natural and biodegradable fibre, Sateri’s Lyocell is made from wood pulp sourced from certified and sustainable plantations. It is manufactured using closed-loop technology, requiring minimal chemical input during the production process, and utilising an organic solvent that can be almost fully (99.7%) recovered and recycled.

Sateri’s Lyocell is used to produce high quality textiles and personal hygiene materials. Using a unique high technology manufacturing process, it has outstanding dry and wet strength, high uniformity and consistency, and superior quality. It blends well with various textile fibres to create different fabric styles and characteristics for wide downstream applications.

06.12.2021

Intertextile Shanghai Home Textiles – Spring Edition returns in March 2022

The 2022 Spring Edition of Intertextile Shanghai Home Textiles is set to return to the National Exhibition and Convention Center (Shanghai) from 9 – 11 March 2022. The fair, once again held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value, will continue to offer a one-stop trading platform for businesses during the traditional peak sourcing season of the Chinese home textile industry.

The fair provides an opportunity for suppliers to tap into the fast growing Chinese home textiles market and allows prospective buyers to meet their sourcing needs. Following the success of the 2021 edition, which attracted 18,951 trade buyers and 216 exhibitors to participate in this leading industry event, the upcoming spring fair will once more focus on finished products. Nevertheless, a wide range of items are also on offer including bedding & towelling, rugs, table & kitchen linen, home textile technologies, textile design and more.

The 2022 Spring Edition of Intertextile Shanghai Home Textiles is set to return to the National Exhibition and Convention Center (Shanghai) from 9 – 11 March 2022. The fair, once again held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value, will continue to offer a one-stop trading platform for businesses during the traditional peak sourcing season of the Chinese home textile industry.

The fair provides an opportunity for suppliers to tap into the fast growing Chinese home textiles market and allows prospective buyers to meet their sourcing needs. Following the success of the 2021 edition, which attracted 18,951 trade buyers and 216 exhibitors to participate in this leading industry event, the upcoming spring fair will once more focus on finished products. Nevertheless, a wide range of items are also on offer including bedding & towelling, rugs, table & kitchen linen, home textile technologies, textile design and more.

The Home Textile Products for Campus & School Zone, as well as the Feather & Down Product Zone, will roll out again in the spring show after they were launched in the last edition. The Campus & School Zone was introduced to fulfil the rising market demand for domestic student bedding: “The current demand in China for student bedding is high. There are around 8 million new university students and 16 million secondary school students each year, and nearly all university students and 70% of secondary school students need bedding, equating to over 19.2 million sets needed each year,” Mr Shi Xiangyu, Department Manager at Yantai Pacific Home Fashion Co Ltd, a 2021 exhibitor, outlined.  

Helping businesses to reach their target buyers
Ms Weiqing Peng, Trade Department Supervisor of Wujiang City Yunjie Textiles Co Ltd commented on how the 2021 fair has helped them during the challenging times caused by the pandemic: “We treasure this opportunity to communicate with customers face to face. Buyers usually need to touch the fabrics in person. Many domestic companies are enthusiastic about exhibiting here, and we’ve been really busy as many new and old customers came to our booth. This fair is very popular with the whole industry supply chain.” Mr Leo Chen from Yantai Pacific Home Fashion Co Ltd also applauded the fair for helping them to “reach some big brands in China and explore more cooperation opportunities.” 

03.12.2021

Heimtextil from 11 - 14 January 2022 is cancelled

Against the background of the worsening pandemic situation in Germany over the past two weeks and the associated restrictions, Heimtextil, scheduled to take place in the second week of January, is cancelled. Messe Frankfurt is working with the industry to determine whether and in what form a new offering in the summer of 2022 can be organised to run parallel to the Techtextil/Texprocess trade fair duo. Later events such as Ambiente, Christmasworld, Creativeworld, Paperworld and Frankfurt Fashion Week are still planning to take place at the present time.

Against the background of the worsening pandemic situation in Germany over the past two weeks and the associated restrictions, Heimtextil, scheduled to take place in the second week of January, is cancelled. Messe Frankfurt is working with the industry to determine whether and in what form a new offering in the summer of 2022 can be organised to run parallel to the Techtextil/Texprocess trade fair duo. Later events such as Ambiente, Christmasworld, Creativeworld, Paperworld and Frankfurt Fashion Week are still planning to take place at the present time.

Due to the unforeseeable dynamics in the development of the pandemic, the reciprocal and cumulative effects of the relevant factors, as well as the extreme escalation and deterioration of the pandemic situation in Germany within a very short period of time, including the decisions taken at the Conference of Minister Presidents on 02.12.2021, the date of Heimtextil right at the beginning of the year, in the second week of January, cannot be kept. Heimtextil, the leading international trade fair for home and contract textiles, will be cancelled. Messe Frankfurt is working closely with all industry partners to find out whether and within what framework Heimtextil can be held parallel to Techtextil and Texprocess from 21 to 24 June 2022.

Heimtextil as an international trade fair has always kicked off the spring trade fair season and is the first major international trade fair in Germany directly after Christmas and New Year with exhibitors and visitors from over 135 countries. The exponential increase in the number of infections in a very short period of time and the accompanying multitude of developments and resolutions that are clearly outside the realm of influence of the organizer have led to a significant deterioration in the general conditions and necessary requirements for holding Heimtextil as a major trade fair of international relevance at this early stage. These developments include in particular the classification of Germany as a high-risk area and the associated travel warnings, international and intercontinental travel restrictions in India, Japan, the United States and Great Britain, as well as the quarantine obligation and “2G” (only with vaccinated and recovered status) requirements without recognition of the WHO vaccine list in Germany. Equally important are the steadily rising infection figures and the accompanying urgent appeal, including by the Robert Koch Institute, to reduce contacts to a minimum and to cancel all major events.

A large number of the exhibiting and visiting companies at Heimtextil are currently reacting to this with travel and trade fair attendance bans out of an obligation of concern towards their employees to protect them from health risks. The global willingness to travel is continuing to fall rapidly.

The planning and staging of the other spring trade fairs Ambiente, Christmasworld, Creativeworld and Paperworld is not affected. Due to their later dates in the year, at the end of January and mid-February respectively, these fairs are still planning to take place at the present time. Compared to Heimtextil, which is the most international trade fair at the Frankfurt location, Frankfurt Fashion Week currently has a much lower international profile and from this perspective can therefore still take place. The extremely volatile situation is continuously reviewed and evaluated in close exchange with the relevant authorities and industry partners.

Source:

Messe Frankfurt

02.12.2021

adidas completes second share buyback program in 2021

  • More than 8 million treasury shares cancelled

adidas announced today the completion of its second share buyback program this year. Between October 18, 2021, and November 25, 2021, the company bought back 1,619,683 shares for a total amount of € 450 million, corresponding to an average purchase price per share of € 277.83. Taking into consideration the first share buyback conducted during the third quarter, adidas bought back 3,471,205 shares for a total amount of € 1 billion in 2021. Including the dividend payment of € 585 million in May, the company returned nearly € 1.6 billion to its shareholders this year.

Strong cash returns are an essential part of the company’s new strategy ‘Own the Game’. Driven by the significant top-line growth and strong bottom-line expansion, adidas will generate substantial cumulative free cash flow until 2025. The majority of this – between € 8 billion and € 9 billion – will be distributed to shareholders through regular dividend pay-outs in a range of between 30% and 50% of net income from continuing operations, complemented with share buybacks.  

  • More than 8 million treasury shares cancelled

adidas announced today the completion of its second share buyback program this year. Between October 18, 2021, and November 25, 2021, the company bought back 1,619,683 shares for a total amount of € 450 million, corresponding to an average purchase price per share of € 277.83. Taking into consideration the first share buyback conducted during the third quarter, adidas bought back 3,471,205 shares for a total amount of € 1 billion in 2021. Including the dividend payment of € 585 million in May, the company returned nearly € 1.6 billion to its shareholders this year.

Strong cash returns are an essential part of the company’s new strategy ‘Own the Game’. Driven by the significant top-line growth and strong bottom-line expansion, adidas will generate substantial cumulative free cash flow until 2025. The majority of this – between € 8 billion and € 9 billion – will be distributed to shareholders through regular dividend pay-outs in a range of between 30% and 50% of net income from continuing operations, complemented with share buybacks.  

“‘Own the Game’ is a growth and investment strategy resulting in significant value creation,” said Harm Ohlmeyer, CFO of adidas. “Dividends as well as share buybacks are key components of this. Against this background and given our positive outlook for 2022, we plan to continue our regular share buyback activities early next year. This will be complemented by returning the majority of the cash proceeds from the Reebok divestiture to our shareholders after closing of the transaction, which is expected to occur during the first quarter of 2022.”

As announced in October 2021, adidas intends to cancel the majority of the shares repurchased as part of its buyback activities. As a result, a total of 8,316,186 treasury shares have been cancelled, reducing the company’s share count and stock capital from 200,416,186 to 192,100,000.

More information:
adidas shares
Source:

adidas AG

(c) Hexcel Corporation
02.12.2021

Hexcel Partners with METYX for High Performance Carbon Pultrusion Technology

Hexcel Corporation (NYSE: HXL) is collaborating with METYX to manufacture high-performance carbon pultruded profiles made from polyurethane (PU) resin and unidirectional carbon fiber for the wind energy market.

The two companies have joined forces to develop technology that builds on Hexcel expertise in polyurethanes for the ski industry combined with its strength in providing high-performance composites to wind energy customers and expanding to other markets for composite applications. METYX is a manufacturer of high-performance NCF and woven glass and carbon, consumables, core and fabric kitting, molds, prototypes, and components for industries including wind energy, marine, automotive, rail and construction.

Hexcel Corporation (NYSE: HXL) is collaborating with METYX to manufacture high-performance carbon pultruded profiles made from polyurethane (PU) resin and unidirectional carbon fiber for the wind energy market.

The two companies have joined forces to develop technology that builds on Hexcel expertise in polyurethanes for the ski industry combined with its strength in providing high-performance composites to wind energy customers and expanding to other markets for composite applications. METYX is a manufacturer of high-performance NCF and woven glass and carbon, consumables, core and fabric kitting, molds, prototypes, and components for industries including wind energy, marine, automotive, rail and construction.

More information:
Hexcel METYX pultrusion
Source:

Hexcel Corporation

02.12.2021

NCTO President & CEO Kim Glas testified on Supporting U.S. Industry

NCTO President and CEO Kim Glas testified at a hearing on “Supporting U.S. Workers, Businesses, and the Environment in the Face of Unfair Chinese Trade Practices” before the House Ways and Means Trade Subcommittee.

In written testimony submitted to the committee, Glas outlines China’s rise to dominance of global textile and apparel production and its adverse impact on the U.S. textile industry, details ways to strengthen onshoring and nearshoring of supply chains, and provides recommendations on the critical policies needed to address these illegal trade practices and rectify inequities.

“China holds the dubious distinction of being the world’s leading purveyor of illegal trade practices that are designed to unfairly bolster a blatantly export-oriented economy,” NCTO President and CEO Kim Glas says. “These predatory practices take many forms, from macroeconomic policies that grant across-the-board advantages to their manufacturers, to industry specific programs intended to dominate global markets in targeted areas. The U.S. textile industry has been a longstanding victim of China’s predatory export practices.”

NCTO President and CEO Kim Glas testified at a hearing on “Supporting U.S. Workers, Businesses, and the Environment in the Face of Unfair Chinese Trade Practices” before the House Ways and Means Trade Subcommittee.

In written testimony submitted to the committee, Glas outlines China’s rise to dominance of global textile and apparel production and its adverse impact on the U.S. textile industry, details ways to strengthen onshoring and nearshoring of supply chains, and provides recommendations on the critical policies needed to address these illegal trade practices and rectify inequities.

“China holds the dubious distinction of being the world’s leading purveyor of illegal trade practices that are designed to unfairly bolster a blatantly export-oriented economy,” NCTO President and CEO Kim Glas says. “These predatory practices take many forms, from macroeconomic policies that grant across-the-board advantages to their manufacturers, to industry specific programs intended to dominate global markets in targeted areas. The U.S. textile industry has been a longstanding victim of China’s predatory export practices.”

“China’s virtually unlimited and unrealistic pricing power coupled with its subsidies and lack of enforceable labor and environmental standards strips benefits and undermines policy objectives throughout the U.S. free trade and preference program structure,” Glas further notes.

“A program of maximum pressure must be developed and fully enforced to reconfigure textile and apparel sourcing patterns that currently place an unhealthy and heavily weighted dependance on China,” Glas adds. “With a strong trade policy holding China accountable, the opportunities are ripe to unlock further domestic and regional investment to bolster this critical textile and apparel production chain because of the important rules of origin for this sector.  We can nearshore more production, help address the migration crisis, and assist in addressing the urgent issue of climate change and create a win-win-win for workers in the United States, workers in the region, and consumers.”

Glas outlines key policy recommendations to the committee, including:

  • Enact tax incentives and other targeted critical investments to strengthen Western Hemisphere trade relationships and re-shore manufacturing
  • Close the Section 321 De Minimis Tariff Loophole
  • Step up enforcement of forced labor of Uyghurs and others in the Xinjiang Uyghur Autonomous Region (XUAR)
  • Firmly maintain Section 301 penalty duties on China for finished textiles and apparel products
  • Immediately pass the MTB to help manufacturers with a limited list of critical inputs not made in the U.S. and review/close the mechanism in the MTB renewal which allows for finished products
  • Strengthen buy-American practices for PPE and other essential products
  • Block expansion of the Generalized System of Preferences (GSP) to include textile and apparel products
  • Use trade enforcement in free trade agreements to mitigate transshipment schemes by unscrupulous importers seeking to illegally circumvent duties
01.12.2021

Rieter Holding AG: Change in the Board of Directors

  • This E. Schneider will not stand for re-election at the 2022 Annual General Meeting
  • Sarah Kreienbühl and Daniel Grieder proposed for election as new members of the Board of Directors

This E. Schneider has informed the Board of Directors that, after 13 years of membership, he will not stand for re-election as a member of the Board of Directors and Vice Chairman of Rieter Holding AG at the next Annual General Meeting on April 7, 2022.

The Board of Directors of Rieter Holding AG will propose Sarah Kreienbühl and Daniel Grieder for election to the Board of Directors at the Annual General Meeting on April 7, 2022.

  • This E. Schneider will not stand for re-election at the 2022 Annual General Meeting
  • Sarah Kreienbühl and Daniel Grieder proposed for election as new members of the Board of Directors

This E. Schneider has informed the Board of Directors that, after 13 years of membership, he will not stand for re-election as a member of the Board of Directors and Vice Chairman of Rieter Holding AG at the next Annual General Meeting on April 7, 2022.

The Board of Directors of Rieter Holding AG will propose Sarah Kreienbühl and Daniel Grieder for election to the Board of Directors at the Annual General Meeting on April 7, 2022.

Sarah Kreienbühl has been a member of the Executive Board of the Federation of Migros Cooperatives since 2018 and heads among other things Human Resources and Communications of the Migros Group. Before that, she spent 14 years at Sonova as Group VP Corporate Human Resources, where she was also responsible for Corporate Communications from 2012. Sarah Kreienbühl holds both the Swiss and French citizenship and graduated from the University of Zurich with a degree in psychology. With her expertise and extensive leadership experience, she will be able to make an important contribution to Rieter’s human resources policy as a member of the Board of Directors.

Daniel Grieder has been CEO of HUGO BOSS AG, based in Metzingen (Germany), since June 2021. He has been working successfully in the textile industry for more than 35 years: initially from 1985 to 2004 as an independent entrepreneur with his own sales agency, which worked for Tommy Hilfiger from 1997. He joined Tommy Hilfiger directly in 2004 and took on additional roles for PVH from 2010 to 2020. He most recently held the positions of Global CEO Tommy Hilfiger and CEO PVH Europe. Daniel Grieder is a Swiss citizen and studied at the Zurich School of Economics and Business Administration.

Source:

Rieter Holding AG

01.12.2021

Aeon Debuts First-Ever Clothing In Pure White Celliant

  • CELLIANT®, Hologenix’s flagship product, makes impact in pure white color

 
Aeon, the largest retailer in Asia, is introducing “Recovery Wear,” called TOPVALU SELECT CELLIANT – undershirts – using the first-ever CELLIANT® fibers from Hologenix that are pure white in color.  It will be available in about 350 stores throughout Japan and at Aeon’s official online store, Aeon Style Online.  Aeon is expecting sales of TOPVALU SELECT CELLIANT to increase substantially by 2025.
 
TOPVALU SELECT CELLIANT offers the benefits of CELLIANT, a responsive textile that captures and converts body heat into infrared, with the pure white color Aeon customers have requested.
 
Many men prefer to wear white undershirts under their business shirts in Japan. In response to such demands, AEON planned and developed the pure white CELLIANT undershirt for the first time.  TOPVALU SELECT CELLIANT is registered as a general medical device in Japan.

  • CELLIANT®, Hologenix’s flagship product, makes impact in pure white color

 
Aeon, the largest retailer in Asia, is introducing “Recovery Wear,” called TOPVALU SELECT CELLIANT – undershirts – using the first-ever CELLIANT® fibers from Hologenix that are pure white in color.  It will be available in about 350 stores throughout Japan and at Aeon’s official online store, Aeon Style Online.  Aeon is expecting sales of TOPVALU SELECT CELLIANT to increase substantially by 2025.
 
TOPVALU SELECT CELLIANT offers the benefits of CELLIANT, a responsive textile that captures and converts body heat into infrared, with the pure white color Aeon customers have requested.
 
Many men prefer to wear white undershirts under their business shirts in Japan. In response to such demands, AEON planned and developed the pure white CELLIANT undershirt for the first time.  TOPVALU SELECT CELLIANT is registered as a general medical device in Japan.
CELLIANT mineral-infused fabrics have been shown to help regulate body temperature and improve local circulation in healthy individuals for faster recovery, better sleep and stronger performance during the day.
 
“We are very excited by the introduction of the first-ever CELLIANT product in pure white,” said Seth Casden, Hologenix Co-Founder and CEO. “Achieving this pure white color took a lot of dedicated effort from our global research team and we commend Aeon for being the first to introduce it to the consumer market.”

More information:
Aeon Celliant Hologenix
Source:

Celliant

 Radici: Mehr Nachhaltigkeit auf der Piste (c) RadiciGroup
Die RadiciGroup und DKB präsentieren den ersten „zirkulären“ Skianzug
01.12.2021

Radici: The sustainability our mountains deserve

  • RadiciGroup and DKB introduce the first “circular” ski suit
  • A garment made of yarn obtained from recycled materials and designed with end-of-life recyclability in mind, without compromising style, design and technical performance.
  • RadiciGroup Ski Club athletes will be the first ambassadors of this sustainability project

The first truly sustainable ski suit, featuring Italian style and design and a zero-kilometre supply chain, is finally here. Two Bergamo companies of excellence played the leading roles in the conception and realization of this highly innovative fashion-sport garment: RadiciGroup, a world leading producer of chemical intermediates, polyamide polymers, high-performance engineering polymers and advanced textile solutions, and DKB, a company specializing in technical sportswear with the same brand name.

  • RadiciGroup and DKB introduce the first “circular” ski suit
  • A garment made of yarn obtained from recycled materials and designed with end-of-life recyclability in mind, without compromising style, design and technical performance.
  • RadiciGroup Ski Club athletes will be the first ambassadors of this sustainability project

The first truly sustainable ski suit, featuring Italian style and design and a zero-kilometre supply chain, is finally here. Two Bergamo companies of excellence played the leading roles in the conception and realization of this highly innovative fashion-sport garment: RadiciGroup, a world leading producer of chemical intermediates, polyamide polymers, high-performance engineering polymers and advanced textile solutions, and DKB, a company specializing in technical sportswear with the same brand name.

The ski suit, consisting of jacket and trousers, is fashioned with a fabric made of RENYCLE, a RadiciGroup yarn obtained from mechanically recycled polyamide (nylon), which affords notable savings in energy and water consumption, as well as lower CO2 emissions. In addition, the suit’s padding and numerous accessories, such as zippers, Velcro, buttons and thread, are also made of polyamide.

This achievement was made possible by the great teamwork of RadiciGroup and DKB on the research and development of chemically compatible materials that can be used in special applications requiring high technical performance. The end result is an almost mono-material garment that significantly facilitates end-of-life recycling. It can be more easily converted into polymers for use in the manufacture of ski boot components and bindings, in addition to applications in the automotive and furnishing industries, or in any other sector requiring the characteristics of high performance polyamides.

The ski suit by RadiciGroup is thus an all-round application of ecodesign and circular economy principles to fashion and garment making, which justifies the claim “Una sostenibilità all’altezza delle nostre montagne” [Sustainability worthy of our mountains] written in a logo patch on the inside of the jacket.

“I am particularly proud of this achievement, a synthesis of my passion and effort,” said Angelo Radici, president of RadiciGroup. “I’ve always loved mountaineering and skiing, and, together with my collaborators, I work hard at our company day in and day out to find innovative solutions that improve the sustainability of our industry. This ski suit is concrete proof of the fact that textiles and apparel can be made sustainable without compromising on comfort, design, looks or performance. I will never get tired of repeating that collaboration among the firms along the production chain is crucial to manufacturing goods with an ecodesign approach, considering their end-of-life recyclability and, thus, potentially giving them unlimited durability. Upstream producers, like us, gladly share our know-how in materials chemistry and experience in recycling with our downstream partners, so that, together, we can find sustainable and viable solutions in the various sectors where we operate.”

Source:

RadiciGroup

RGE Gives Sustainable Fashion a Boost with New Partnerships in Singapore (c) RGE Group
From Left to Right: Tey Wei Lin, President of RGE, Sim Ann, Senior Minister of State for Foreign Affairs and National Development, Low Yen Ling, Minister of State for Trade & Industry and Culture, Community and Youth, and Wilson Teo, President of TaFF after signing of strategic partnership between TaFF and RGE to advocate sustainable industry practices within Singapore and the region, through programme implementation, research, and education
01.12.2021

RGE Gives Sustainable Fashion a Boost

  • RGE has formalised two new partnerships in Singapore to advance sustainable fashion.

The first is a three-year strategic partnership with the Textile & Fashion Federation (TaFF) to advocate sustainable industry practices within Singapore and the region, through programme implementation, research, and education. The second is a five-year research collaboration with Nanyang Technological University, Singapore (NTU Singapore) on innovation in textile recycling technology.

The partnership with TaFF on its fashion sustainability programme was officially launched today. Through industry talent development and capacity building, raising corporate and consumer awareness, and innovation promotion, TaFF seeks to galvanise the fashion ecosystem towards redefining sustainable fashion.

  • RGE has formalised two new partnerships in Singapore to advance sustainable fashion.

The first is a three-year strategic partnership with the Textile & Fashion Federation (TaFF) to advocate sustainable industry practices within Singapore and the region, through programme implementation, research, and education. The second is a five-year research collaboration with Nanyang Technological University, Singapore (NTU Singapore) on innovation in textile recycling technology.

The partnership with TaFF on its fashion sustainability programme was officially launched today. Through industry talent development and capacity building, raising corporate and consumer awareness, and innovation promotion, TaFF seeks to galvanise the fashion ecosystem towards redefining sustainable fashion.

Wilson Teo, President of TaFF, said, “Our strategic partnership with RGE marks a step forward for TaFF to expand our sustainability ecosystem throughout the fashion value chain, from materials, manufacturing, brands and technology to solutions. We have set up a Steering Committee that spans across the value chain, as a model for the industry. Together with our collaborators, we will continue to equip enterprises in the journey of sustainability. We will also work with communities to build awareness in responsible consumption and recycling.”

RGE has committed to provide nearly S$3 million funding over three years to support TaFF’s fashion sustainability programme. In addition, RGE’s Vice Chairman Bey Soo Khiang joins the programme’s Steering Committee as its Vice Chairperson.

Tey Wei Lin, President of RGE, said, “As a Singapore-based company and the world’s largest viscose producer, our business is well-positioned to support the country’s desire to advance sustainable development and to create a green economy. Our collaboration with TaFF and NTU is an investment of financial and other resources to create meaningful impact, not just within Singapore but also in the region. As part of our US$200 million investment commitment into next-generation textile fibre innovation and technology, we seek to work with innovators, industry partners, research institutions and academia to scale up solutions that will deliver cleaner and more circular cellulosic textile fibre to the masses at affordable prices.”

The launch of TaFF’s fashion sustainability programme follows the roll-out of the Enterprise Sustainability Programme (ESP) by Enterprise Singapore on 1 October 2021, which supports enterprises in their sustainability initiatives and helps them capture new opportunities in the green economy.

“Industry partnerships are pertinent to uplift capabilities of enterprises. We are very encouraged by TaFF’s efforts to drive sustainability in the textile and fashion sector as trade associations and chambers play a key role in strengthening sector-specific capabilities,” said Alan Yeo, Director of Retail & Design at Enterprise Singapore. “Collaborations with corporate partners such as RGE will also help accelerate this process. This is a good start and we hope to eventually see more companies across all sectors start to integrate sustainability alongside their growth.”

The launch event was graced by Minister of State for Trade and Industry Low Yen Ling, TaFF’s patron and Senior Minister of State for National Development and Foreign Affairs Sim Ann, CEO of Enterprise Singapore Png Cheong Boon, as well senior representatives from TaFF and RGE.

The official launch of the research collaboration with NTU is expected to take place next year. A key desired outcome from the collaboration is to complement RGE’s pilot urban-fit textile recycling plant in Singapore.

(c) PCMC
01.12.2021

PCMC announces new Packaging Innovation Center

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, is pleased to announce the opening of a new Packaging Innovation Center, located at its headquarters in Green Bay. The multi-purpose space is more than 4,700 square feet and will serve as a hub for demonstrations, training, education, industry trials, and research and development.

The Packaging Innovation Center will be the home of a Fusion C flexographic press, Hudson-Sharp’s Ares 400-SUP stand-up pouch machine, a Meridian Elite laser anilox cleaner, an ELS-MAX inline press and the ION digital printing platform. These machines will be available for demonstrations, as well as for hands-on learning and training opportunities. The state-of-the-art center also features industry-leading tools and supplies for anilox sleeves, plate-mounting, color-proofing, plate and print inspection, sleeve-cleaning, and plate sleeves and tapes.

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, is pleased to announce the opening of a new Packaging Innovation Center, located at its headquarters in Green Bay. The multi-purpose space is more than 4,700 square feet and will serve as a hub for demonstrations, training, education, industry trials, and research and development.

The Packaging Innovation Center will be the home of a Fusion C flexographic press, Hudson-Sharp’s Ares 400-SUP stand-up pouch machine, a Meridian Elite laser anilox cleaner, an ELS-MAX inline press and the ION digital printing platform. These machines will be available for demonstrations, as well as for hands-on learning and training opportunities. The state-of-the-art center also features industry-leading tools and supplies for anilox sleeves, plate-mounting, color-proofing, plate and print inspection, sleeve-cleaning, and plate sleeves and tapes.

“We’re excited to be able to welcome printing and converting customers into our facility to experience our innovations firsthand,” said Rodney Pennings, PCMC’s Director of Sales–Printing, Coating and Laminating. “Our new Packaging Innovation Center is a vision that we’ve had for several years, and it’s rewarding to see it finally be completed.”

Source:

PCMC / Barry-Wehmiller

30.11.2021

Lenzing Managing Board proposes dividend of EUR 4.35

The Managing Board of Lenzing AG, a leading manufacturer of specialty fibers made from the renewable raw material wood, has resolved to propose to the Annual General Meeting a dividend of EUR 4.35 for the 2021 financial year. This dividend proposal reflects the suspended dividends from 2019 and 2020.

The total dividend payout to shareholders will amount to about EUR 115,492,500, subject to the acceptance of the proposal by the Supervisory Board at its meeting scheduled for March 09, 2022 for the purpose of approving the consolidated financial statements as well as the approval granted by Lenzing AG shareholders at the Annual General Meeting on April 26, 2022.

The Annual Report of the Lenzing AG for the 2021 financial year will be published on March 10, 2022.

The Managing Board of Lenzing AG, a leading manufacturer of specialty fibers made from the renewable raw material wood, has resolved to propose to the Annual General Meeting a dividend of EUR 4.35 for the 2021 financial year. This dividend proposal reflects the suspended dividends from 2019 and 2020.

The total dividend payout to shareholders will amount to about EUR 115,492,500, subject to the acceptance of the proposal by the Supervisory Board at its meeting scheduled for March 09, 2022 for the purpose of approving the consolidated financial statements as well as the approval granted by Lenzing AG shareholders at the Annual General Meeting on April 26, 2022.

The Annual Report of the Lenzing AG for the 2021 financial year will be published on March 10, 2022.

More information:
Lenzing AG dividend
Source:

Lenzing AG

30.11.2021

Koketa is including US-made Acteev® in leggings and undergarments

Koketa, a brand of premium womenswear based in Peru, has begun sampling leggings, undergarments and workout wear featuring Acteev® Protect fabric. Produced by U.S. manufacturer Ascend Performance Materials, Acteev incorporates the odor-fighting and mildew-destroying antimicrobial benefits of zinc ions embedded into the matrix of superior nylon yarns and fabrics.

“When it comes to what’s closest to your most vulnerable skin, being safe and sanitary is a top priority,” said Juan Daniel Del Carpio, commercial director for Koketa. “The Koketa woman wants beauty, comfort and protection, and a partnership with Acteev makes it easier than ever for us to deliver all three.”

Koketa garments with Acteev feature Koketa’s signature innovative styles, including unique knit patterns, on-trend colors and flattering silhouettes. The Acteev fabric is buttery-soft and breathable yet long-lasting and resistant to pilling.

Koketa, a brand of premium womenswear based in Peru, has begun sampling leggings, undergarments and workout wear featuring Acteev® Protect fabric. Produced by U.S. manufacturer Ascend Performance Materials, Acteev incorporates the odor-fighting and mildew-destroying antimicrobial benefits of zinc ions embedded into the matrix of superior nylon yarns and fabrics.

“When it comes to what’s closest to your most vulnerable skin, being safe and sanitary is a top priority,” said Juan Daniel Del Carpio, commercial director for Koketa. “The Koketa woman wants beauty, comfort and protection, and a partnership with Acteev makes it easier than ever for us to deliver all three.”

Koketa garments with Acteev feature Koketa’s signature innovative styles, including unique knit patterns, on-trend colors and flattering silhouettes. The Acteev fabric is buttery-soft and breathable yet long-lasting and resistant to pilling.

Additionally, clothing made with Acteev is resistant to unwanted odors, keeping garments as fresh after 100 washes as they are on day one. The active ingredient – labeled safe by the U.S. Food and Drug Administration – targets the bacteria and microbes that can cause odor, mildew and discoloration.

“Zinc is nature’s safeguard,” said Juan Toro, global principal business development leader for Acteev in the Americas. “It is a mineral needed for human health, and we have harnessed its power to protect the garments in a natural, sustainable way.”

Source:

Ascend Performance Materials / EMG

(c) Huntsman Corporation
30.11.2021

Huntsman presents High-Performance Solutions and Protection Effects at Performance Days

Huntsman Textile Effects is bringing its complete end-to-end suite of high-performance solutions for sports apparel to Performance Days Digital Fair from December 1 to 2, 2021 virtually.

Driven by growing consumer interest in active and healthy lifestyles, coupled with the growing number of national sports participation programs that promote healthy living, the global sportwear market shows no signs of slowing. Brands that aim to satisfy this high-growth market need to be able to produce performance apparel that not only delivers sought-after functional capabilities and desirable aesthetics, but also comes with low environmental impact.

Huntsman will introduce the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range at Performance Days. AVITERA® ROSE SE delivers bluish-red shades while reducing the water and energy required for production by up to 50% and increasing mill output by up to 25% or more. It also significantly outperforms available dyeing technologies for cellulosic fibers and blends in terms of value, reducing recipe costs, minimizing processing costs and eliminating reprocessing.

Huntsman Textile Effects is bringing its complete end-to-end suite of high-performance solutions for sports apparel to Performance Days Digital Fair from December 1 to 2, 2021 virtually.

Driven by growing consumer interest in active and healthy lifestyles, coupled with the growing number of national sports participation programs that promote healthy living, the global sportwear market shows no signs of slowing. Brands that aim to satisfy this high-growth market need to be able to produce performance apparel that not only delivers sought-after functional capabilities and desirable aesthetics, but also comes with low environmental impact.

Huntsman will introduce the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range at Performance Days. AVITERA® ROSE SE delivers bluish-red shades while reducing the water and energy required for production by up to 50% and increasing mill output by up to 25% or more. It also significantly outperforms available dyeing technologies for cellulosic fibers and blends in terms of value, reducing recipe costs, minimizing processing costs and eliminating reprocessing.

Also in the spotlight are eco-friendly solutions for the challenges of achieving full whites and consistent shades on recycled polyester (rPET) with right-first-time quality. Huntsman’s rPET processing solutions include pre-treatment chemicals, fluorescent whitening agents, state-of-the-art washfast dyes, and finishing solutions for high-performance protection and comfort.

In partnership with Sciessent, Huntsman is also bringing revolutionary antimicrobial and odor-control solutions to Performance Days. These include Sciessent’s Agion Active® X2, a next-generation odor-control solution that combines advanced technologies to both capture and fight odor-causing bacteria for garments that smell fresh for longer and need less frequent washing. The partners are also previewing a new solution: Sciessent’s NOBO™, a cost-effective odor adsorber that provides odor control on virtually any fabric.

Other featured innovations include Teflon Eco Dry with Zelan™ R2 Plus technology. A breakthrough in sustainable water repellency, it contains 30% renewably sourced plant-based raw materials and meets or exceeds performance levels possible with traditional fluorinated technologies. Another exciting Huntsman solution is the new PHOBOL® Extender UXN – a product that optimizes water-repellent finishes for long-lasting fabric protection. It is free from butanone oxime, which has recently been re-classified in Europe and restricted above certain limits in products by bluesign®.

Source:

Huntsman Corporation

30.11.2021

India’s Maruti Printing with Baldwin’s LED-UV technology

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

In January 2020, Maruti took delivery of two AMS XP9-I Series LED-UV modules to cure colors in the interdecks. The modules are ideal for the highest-speed curing situations that require consistent peak intensity to the substrate, which is the case for Maruti’s offset printing standard of perfection with every cure.

To cure ink, as well as a growing variety of LED coatings, Baldwin’s AMS Spectral UV modules can be located after print units, or in the press delivery after the coater. When inks and coatings are cured with LED-UV, they become instantly dry via photopolymerization, allowing for printing on any substrate, including plastics and metallized stocks. Plus, work can be immediately finished and sent to the bindery once it comes off the press, without the need for heat, spray powder or drying time.

In addition, Maruti took delivery of two P3 Smart UV curing modules for installation at the end of the press to cure any type of UV coating and expand the company’s scope of coating compatibility to general UV coatings in order to offer its customers the widest range of UV printed choices in the Indian market.

The P3 Smart UV housings are completely liquid-cooled to ensure safe, consistent performance and increased uptime, and modules feature a universal design, so that any unit can fit any print unit location. P3 modules can be changed, inspected and cleaned quickly and easily, without tools, and lamps slide and lock into place smoothly and securely.

The durability of the equipment and its chipset was a critical deciding factor in India’s climate. The latest-generation power-and-control cabinets are dust- and moisture-resistant, allowing them to withstand extreme heat and humidity, as well as powder and airborne contaminants, making the equipment ideal for operation in stressful conditions anywhere in the world. AMS Spectral UV’s latest generation of LED chips, designed for the highest-intensity curing applications, enable the curing of LED inks and coatings at record-setting speeds. They are built with resilient components, and the semi-conductor components are sealed, which allows the chips to work in a variety of rugged environments. Additionally, integrated circuits incorporated into the design electronically protect the LEDs and the entire system.

Source:

Baldwin Technology Company / Barry-Wehmiller

Tony Fragnito (c) INDA
Tony Fragnito
29.11.2021

INDA Hires New Chief Operating Officer

  • Tony Fragnito Will Oversee INDA’s Business Operations

INDA, the Association of the Nonwoven Fabrics Industry, announced that Anthony “Tony” Fragnito has joined the company as chief operating officer reporting to INDA president, Dave Rousse. Fragnito will take a lead role in updating INDA’s technology platform, financial operations and implementing INDA’s new Strategic Plan.

He brings decades of leadership experience assisting trade and professional organizations in realizing their organizational and operational potential. A certified public accountant, Tony brings strong financial acumen in addition to extensive technology, human resource and program management accomplishments from organizations representing a variety of professions and industries. He most recently was chief financial officer of International Society of Automation (ISA) in Research Triangle Park, NC. Before that he was chief executive officer of XBRL International, Inc. an international consortium of companies which developed and promoted technologies for the collection of business and financial data. He is a graduate of George Mason University and a resident of New Hill, NC.

  • Tony Fragnito Will Oversee INDA’s Business Operations

INDA, the Association of the Nonwoven Fabrics Industry, announced that Anthony “Tony” Fragnito has joined the company as chief operating officer reporting to INDA president, Dave Rousse. Fragnito will take a lead role in updating INDA’s technology platform, financial operations and implementing INDA’s new Strategic Plan.

He brings decades of leadership experience assisting trade and professional organizations in realizing their organizational and operational potential. A certified public accountant, Tony brings strong financial acumen in addition to extensive technology, human resource and program management accomplishments from organizations representing a variety of professions and industries. He most recently was chief financial officer of International Society of Automation (ISA) in Research Triangle Park, NC. Before that he was chief executive officer of XBRL International, Inc. an international consortium of companies which developed and promoted technologies for the collection of business and financial data. He is a graduate of George Mason University and a resident of New Hill, NC.

“Tony combines an entrepreneurial spirit with the strategic executive management skills INDA needs as we implement our new, 5-pillar strategic plan,” said Dave Rousse, INDA president. “I look forward to working with him to keep INDA an organization in constant pursuit of excellence providing ever greater value to our industry and our members.”  

“It is an exciting time for me to join INDA and build on the strong programs that have helped the industry and members achieve success, shared Fragnito. “INDA has a strong team, well led, that I look forward to working with as we plow new ground toward industry relevance.”

Source:

INDA

29.11.2021

AVK and SMC BMC Alliance launch SMCCreate 2022 Design Conference

The European Alliance for SMC BMC and the AVK expert task force SMC/BMC are announcing they will organize together SMCCreate 2022, a conference about design in SMC and BMC composite materials. This conference will provide valuable insights in the entire product design process from idea to part manufacturing, targeted both at experienced designers and at designers that are new in applying these versatile materials.

SMC and BMC are composite materials ideal for making light and intricate parts that combine structural performance with a smooth surface finish. For that reason, SMC and BMC are increasingly used in a broad range of end-use applications and markets.

Companies that have been using SMC and BMC solutions have a lot of expertise available, which can help designers to be more successful in bringing products to market. Therefore, the European Alliance for SMC BMC and the AVK expert task force SMC/BMC would like to organize together this design conference, allowing designers to learn from the experts, apply gained insights into their own designs, and broaden their horizon for new part developments.

The European Alliance for SMC BMC and the AVK expert task force SMC/BMC are announcing they will organize together SMCCreate 2022, a conference about design in SMC and BMC composite materials. This conference will provide valuable insights in the entire product design process from idea to part manufacturing, targeted both at experienced designers and at designers that are new in applying these versatile materials.

SMC and BMC are composite materials ideal for making light and intricate parts that combine structural performance with a smooth surface finish. For that reason, SMC and BMC are increasingly used in a broad range of end-use applications and markets.

Companies that have been using SMC and BMC solutions have a lot of expertise available, which can help designers to be more successful in bringing products to market. Therefore, the European Alliance for SMC BMC and the AVK expert task force SMC/BMC would like to organize together this design conference, allowing designers to learn from the experts, apply gained insights into their own designs, and broaden their horizon for new part developments.

Using SMC BMC in your part design
Within the time of only 1.5 day, the SMCCreate 2022 conference will cover a wide range of subjects, all relevant for designers in their selection of materials solutions that provide performance, cost efficiency, manufacturing ability and sustainability. In particular:

  • How can SMC BMC help you to design great parts, bringing a combination of unique shapes and functional performance?
  • How can SMC BMC help you to improve sustainability?
  • What are the key steps in the design process, starting from initial idea to full production series manufacturing?
  • What are the typical design challenges and solutions?
  • How to best design for optimal manufacturing?
  • Which are the tools available for designing in SMC BMC: design software, material data, tooling considerations?
  • Practical examples of designs and components made in SMC BMC
  • What’s new in the world of SMC BMC?

Date and Location
The SMCCreate 2022 Conference will be organized on April 6-7, 2022 in Antwerp (Belgium).

(c) Huntsman Corporation
29.11.2021

Huntsman’s AVITERA® SE Rose delivers Sustainability and Performance

Huntsman Textile Effects has released the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range with the introduction of AVITERA® ROSE SE for brilliant bluish-red shades. The innovative new dye significantly outperforms the available dyeing technologies for cellulosic fibers and blends, delivering substantial water and energy savings, exceptional overall fastness, and reduced costs.

AVITERA® ROSE SE slashes the water and energy required for production by up to 50% thanks to its unique low-temperature and high-speed wash-off technology. It further delivers excellent right-first-time performance, with outstanding compatibility, levelling properties, and on-tone build-up. The cost-effective formulation reduces recipe costs for medium-dark shades while both minimizing processing costs and eliminating reprocessing. It also increases mill output by up to 25% or more.

Huntsman Textile Effects has released the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range with the introduction of AVITERA® ROSE SE for brilliant bluish-red shades. The innovative new dye significantly outperforms the available dyeing technologies for cellulosic fibers and blends, delivering substantial water and energy savings, exceptional overall fastness, and reduced costs.

AVITERA® ROSE SE slashes the water and energy required for production by up to 50% thanks to its unique low-temperature and high-speed wash-off technology. It further delivers excellent right-first-time performance, with outstanding compatibility, levelling properties, and on-tone build-up. The cost-effective formulation reduces recipe costs for medium-dark shades while both minimizing processing costs and eliminating reprocessing. It also increases mill output by up to 25% or more.

Using AVITERA® ROSE SE, brands can stand out with brilliant bluish-red textile products in a broader shade gamut. The dyes offer very good light fastness levels for classic bluish trichromatic element, with exceptional overall fastness performance. Products dyed with AVITERA® ROSE SE have the highest chlorine resistance, tailormade for stringent Japanese and US laundering requirements, and are suitable for use with Huntsman’s HIGH IQ® Lasting Color Eco color-retention program. With minimal chance of cross-staining, they are ideal for red-white striped cotton knit fabric.

AVITERA® ROSE SE is fully compliant with the most stringent industry and brand-specific restricted substance lists. It is bluesign® approved and is suitable for STANDARD 100 by OEKO-TEX® certified textile products.

Launched by Huntsman Textile Effects in 2010, the first-generation AVITERA® SE dyes set the benchmark for sustainability in the textile industry. The second generation expanded the range’s color palette from the palest to the deepest and darkest shades. The third generation further enhances the economic sustainability of the AVITERA® range while delivering unrivalled environmental benefits, outstanding operational performance, and attractive textiles with exceptional overall fastness.

TBWA\Helsinki: Finnish webstore replaced its products with friends to the lonely (c) TBWA\Helsinki
26.11.2021

TBWA\Helsinki: Finnish webstore replaced its products with friends to the lonely

Black Friday is known as the world's largest shopping event, which is constantly growing in size. Rather than offering highly promoted sales, a Finnish clothing company Pure Waste joined forces with HelsinkiMissio, an NGO battling loneliness in Finland. On Black Friday, instead of buying clothes anyone can donate a friend to people suffering from loneliness.

A Global survey shows that over a third of adults experience feelings of loneliness worldwide. Many who feel lonely try to cope by shopping, which in fact has been proven to aggravate loneliness and can even cause feelings of depression.1

This is why HelsinkiMissio, a Finnish NGO battling loneliness, and Pure Waste, a Finnish clothing manufacturer, joined forces on Black Friday. All Pure Waste’s products on their webstore have been replaced with a chance to donate for HelsinkiMissio’s important work against loneliness.

Black Friday is known as the world's largest shopping event, which is constantly growing in size. Rather than offering highly promoted sales, a Finnish clothing company Pure Waste joined forces with HelsinkiMissio, an NGO battling loneliness in Finland. On Black Friday, instead of buying clothes anyone can donate a friend to people suffering from loneliness.

A Global survey shows that over a third of adults experience feelings of loneliness worldwide. Many who feel lonely try to cope by shopping, which in fact has been proven to aggravate loneliness and can even cause feelings of depression.1

This is why HelsinkiMissio, a Finnish NGO battling loneliness, and Pure Waste, a Finnish clothing manufacturer, joined forces on Black Friday. All Pure Waste’s products on their webstore have been replaced with a chance to donate for HelsinkiMissio’s important work against loneliness.

“Black Friday is known as the biggest commercial event, but for lonely people it can actually be the darkest day of the year. This is why we wanted to shed light on this issue precisely today. We hope that together with Pure Waste we’re able to raise awareness on the issue and furthermore help lonely people”, says Tuula Colliander, Executive Director from HelsinkiMissio.

Black Friday stunt is executed together with Pure Waste, a Finland-based clothing manufacturer that has never taken part to Black Friday due to their values. The company, also known as a pioneer in textile recycling, makes its clothing from 100% recycled cotton, utilizing cutting waste from the textile industry.


1 Pieters, Rik: Bidirectional Dynamics of Materialism and Loneliness: Not Just a Vicious Cycle. Journal of Consumer Research Volume 40, Issue 4, 1 December 2013, Pages 615–631.

Source:

TBWA\Helsinki

Indorama Ventures launches the industry's first report on contributions to UN Sustainable Development Goals (c) Indorama Ventures Public Company Limited
SDGs Report Cover
24.11.2021

Indorama Ventures launches the industry's first report on contributions to UN Sustainable Development Goals

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, introduced the first independent Sustainable Development Goals (SDGs) Report developed by the private sector in Thailand. The report provides details of the company’s sustainability strategy, aligned with the United Nation’s SDGs.

Renaud Meyer, UN Development Programme (UNDP) Resident Representative to Thailand, said, “We support countries in achieving the UN Sustainable Development Goals through integrated solutions. Achieving the goals at global level requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations. The Sustainable Development Goals Report developed by the private sector is one way to urge more constructive collaboration among sectors.”  

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, introduced the first independent Sustainable Development Goals (SDGs) Report developed by the private sector in Thailand. The report provides details of the company’s sustainability strategy, aligned with the United Nation’s SDGs.

Renaud Meyer, UN Development Programme (UNDP) Resident Representative to Thailand, said, “We support countries in achieving the UN Sustainable Development Goals through integrated solutions. Achieving the goals at global level requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations. The Sustainable Development Goals Report developed by the private sector is one way to urge more constructive collaboration among sectors.”  

The report presents IVL’s progress in achieving the UN Sustainable Development Goals. The company outlined five focus areas for contributing to the SDGs: Recycling and the Circular Economy, Climate Change and Energy, Environmental Stewardship, Health Safety and Well-being, and CSR and Collaborations. IVL believes it can have the greatest impact on these areas while also growing its business and bringing about constructive change. Activities in these five areas help IVL align with 13 of the 17 SDGs, totaling 39 targets.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, “Businesses can make a significant contribution to achieving the UN Sustainable Development Goals. IVL, as a responsible industry leader, is committed to contributing to the SDGs and addressing the world's environmental and economic concerns. We need to be accountable to our stakeholders, including our 25,000 employees and their families, our customers and industry partners. Furthermore, we believe that complying with the SDGs will provide us with considerable business prospects.