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25.08.2021

Stahl: Full integration of PielColor

  • Strengthening leather-finishing offering

Stahl announces plans to fully integrate its leather-finishing subsidiary, PielColor, into its core business by the end of 2021. The move will see PielColor’s products and expertise brought entirely in house, strengthening Stahl’s offering to its customers while improving the visibility and reach of the PielColor brand.

Stahl acquired PielColor, a company specializing in the manufacture and marketing of chemical products for leather finishing, in 2004. The subsidiary focuses on specific customer segments within the leather market, such as high-fashion brands, and is known by customers for its support-driven and solutions-oriented approach. PielColor also offers several innovative product lines, including a range of low-impact water-based topcoats, which it is able to tailor to its customers’ requirements.

  • Strengthening leather-finishing offering

Stahl announces plans to fully integrate its leather-finishing subsidiary, PielColor, into its core business by the end of 2021. The move will see PielColor’s products and expertise brought entirely in house, strengthening Stahl’s offering to its customers while improving the visibility and reach of the PielColor brand.

Stahl acquired PielColor, a company specializing in the manufacture and marketing of chemical products for leather finishing, in 2004. The subsidiary focuses on specific customer segments within the leather market, such as high-fashion brands, and is known by customers for its support-driven and solutions-oriented approach. PielColor also offers several innovative product lines, including a range of low-impact water-based topcoats, which it is able to tailor to its customers’ requirements.

In late 2020, the decision was taken to fully integrate PielColor, positioning it alongside Stahl as a core brand within the Stahl group. Full integration will strengthen Stahl’s position in the leather-finishing market by leveraging PielColor’s well-established reputation and extensive range of innovative responsible chemistry solutions. Marketing PielColor as a Stahl group brand will also drive the visibility and market reach of PielColor products, including in regions where they are less well established.

The integration program will continue to take place over the remainder of 2021, with all parts of the PielColor business expected to be fully operational under the new structure by the end of the year.

Source:

Stahl Holdings B.V.

Photo: Centa-Star
25.08.2021

CENTA-STAR introduces Product with CELLIANT®

Materials science innovation pioneer Hologenix, LLC, whose CELLIANT® infrared technology is an ingredient in brands across many categories, has another important partner, bedding specialist Centa-Star. Based in Stuttgart, Germany and available throughout Europe, Centa-Star has introduced a new line of “Regeneration” duvets and pillows infused with CELLIANT mineralized fibers.  

Regeneration products, thanks to CELLIANT, are thermo-regulating with maximum breathability, promoting stronger performance, faster recovery and better sleep.

CELLIANT thermo-reactive minerals absorb the body heat and convert it into infrared energy, which is reflected back to the body.  The resulting temporary increase in blood flow and local circulation helps regulate body temperature and increases tissue oxygen. This leads to a more restful, restorative sleep as well as faster recovery and stronger performance.

Materials science innovation pioneer Hologenix, LLC, whose CELLIANT® infrared technology is an ingredient in brands across many categories, has another important partner, bedding specialist Centa-Star. Based in Stuttgart, Germany and available throughout Europe, Centa-Star has introduced a new line of “Regeneration” duvets and pillows infused with CELLIANT mineralized fibers.  

Regeneration products, thanks to CELLIANT, are thermo-regulating with maximum breathability, promoting stronger performance, faster recovery and better sleep.

CELLIANT thermo-reactive minerals absorb the body heat and convert it into infrared energy, which is reflected back to the body.  The resulting temporary increase in blood flow and local circulation helps regulate body temperature and increases tissue oxygen. This leads to a more restful, restorative sleep as well as faster recovery and stronger performance.

Centa-Star Regeneration products are available online throughout Europe in selected department stores in Germany, Austria and Switzerland, including KaDeWe Berlin, Betten Rid in Munich, Karstadt or Kaufhof stores, in well-sorted furniture shops, in upscale specialist shops.

More information:
Centa-Star Bedding sleep industry
Source:

Sarah P. Fletcher Communications

(c) Suominen Corporation
24.08.2021

Suominen: Progress in Sustainability, decreasing EBITDA expected

As part of Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2021 the company shared their insights and actions defined in their sustainability agenda.
A new Code of Conduct was launched in the beginning of 2021 and a mandatory training program about the Code will be start in the third quarter of this year.

Suominen is committed to continuously improving their production efficiency and the efficient utilization of natural resources. What active measures towards reducing energy consumption, greenhouse gas emissions, water consumption and waste to landfill are concerned, the commitment is to diminish them by 20% per ton of product by 2025 compared to the base year of 2019.
Offering a comprehensive portfolio of sustainable nonwovens and continuously developing new and innovative solutions with a reduced environmental impact, the target is a 50% increase in sales of sustainable nonwovens by 2025 compared to 2019, and to have at least 10 sustainable product launches per year. During the first half of the year, nine sustainable product launches were made.

As part of Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2021 the company shared their insights and actions defined in their sustainability agenda.
A new Code of Conduct was launched in the beginning of 2021 and a mandatory training program about the Code will be start in the third quarter of this year.

Suominen is committed to continuously improving their production efficiency and the efficient utilization of natural resources. What active measures towards reducing energy consumption, greenhouse gas emissions, water consumption and waste to landfill are concerned, the commitment is to diminish them by 20% per ton of product by 2025 compared to the base year of 2019.
Offering a comprehensive portfolio of sustainable nonwovens and continuously developing new and innovative solutions with a reduced environmental impact, the target is a 50% increase in sales of sustainable nonwovens by 2025 compared to 2019, and to have at least 10 sustainable product launches per year. During the first half of the year, nine sustainable product launches were made.

OUTLOOK FOR 2021
As announced on August 12, 2021 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2021 will decrease from 2020 due to the slowdown in the demand for nonwovens in the second half of 2021 as well as some continuing volatility in the raw material and transportation markets. In 2020, Suominen’s comparable EBITDA was EUR 60.9 million.

More information:
Suominen nonwovens
Source:

Suominen Corporation

GRAFE: Plagiarism Protection with Marking Substances in the Plastic Matrix (c) GRAFE Advanced Polymers GmbH
23.08.2021

GRAFE: Plagiarism Protection with Marking Substances in the Plastic Matrix

To ensure product protection and prevent brand piracy, GRAFE has developed a simple and elegant solution that also offers a high level of security. The basis is special markers. "The highly complex pigments with special physical properties designed for this purpose are used in minute quantities within the plastic matrix. With an appropriately calibrated detector, products equipped with them can thus be read and authenticated," explains Business Development Manager Florian Ludwig. At the same time no changes in properties can usually be observed. The detectors can use an LED display to check within seconds whether the unique marker is contained in the product and whether this item is the original product.

To ensure product protection and prevent brand piracy, GRAFE has developed a simple and elegant solution that also offers a high level of security. The basis is special markers. "The highly complex pigments with special physical properties designed for this purpose are used in minute quantities within the plastic matrix. With an appropriately calibrated detector, products equipped with them can thus be read and authenticated," explains Business Development Manager Florian Ludwig. At the same time no changes in properties can usually be observed. The detectors can use an LED display to check within seconds whether the unique marker is contained in the product and whether this item is the original product.

In general, there are two options: x ray and light fluorescence, i.e. fluorescent X-rays or light. With the first option, the base color has no influence (not even black) and the customer benefits from low addition dosage and batch price, but this method requires higher investment. "With light fluorescence, on the other hand, detection is done by a measuring device, which is preconfigured by our partner or by us directly. Different types are available, from handy hand-held measuring devices to stationary office solutions to inline spectrometers, in order to have a control take place directly during production," Ludwig explains. With this method, the masterbatch dosage is based on the base color, among otherv things. The method of operation is fast and simple, and the necessary investment is also manageable.

From injection molding and extrusion to transparent and fiber applications, almost all areas of plastics processing come into question.

Source:

GRAFE Advanced Polymers GmbH

Montalvo Attending Upcoming ICE Trade Show on October 19-21 (c) Montalvo
20.08.2021

Montalvo Attending Upcoming ICE Trade Show on October 19-21

Montalvo, an international specialists in web tension control, will be attending the upcoming ICE Trade Show in Orlando, Florida, on October 19-21, where Montalvo presents its latest products and web control solutions.

Visitors can get hands-on experience with a fully equipped and running machine featuring Montalvo’s industry-leading Load Cells, Controllers, Brakes, and more. At the show, visitors will also have the opportunity to see a full live demo line featuring Montalvo U4 Controller, M4 Tension Indicators, US4 Ultrasonic Sensor, and a V-Brake.

Montalvo, an international specialists in web tension control, will be attending the upcoming ICE Trade Show in Orlando, Florida, on October 19-21, where Montalvo presents its latest products and web control solutions.

Visitors can get hands-on experience with a fully equipped and running machine featuring Montalvo’s industry-leading Load Cells, Controllers, Brakes, and more. At the show, visitors will also have the opportunity to see a full live demo line featuring Montalvo U4 Controller, M4 Tension Indicators, US4 Ultrasonic Sensor, and a V-Brake.

Source:

Montalvo Corporation

(c) Brückner Trockentechnik GmbH & Co. KG
BRÜCKNER ECO-HEAT and ECO-AIR system on the stenter at FEINJERSEY
19.08.2021

Sustainable production technology from BRÜCKNER

  • Long-term partnership between the Austrian textile producer FEINJERSEY and the German textile machinery manufacturer BRÜCKNER

The Feinjersey Group is an internationally operating textile company and supplies the "global players" of the textile industry worldwide. The value chain of the company, which is based in Götzis, Austria, ranges from yarn processing to the finished product.

As a fully integrated production company, the internationally active textile company Feinjersey attaches great importance to a high quality standard and guarantees care at every step in the process chain. With approx. 250 employees and annual sales of around 45 million euros, the company knits, dyes and finishes top-quality knitted fabrics as well as elastic woven fabrics for a wide range of applications.

Products are made for the fashion, sports, workwear and technical textiles sectors. Among other things, fabrics for the automotive industry, laminating backings and coating substrate for artificial leather or foils, construction textiles or fabrics for medical technology are all produced.

  • Long-term partnership between the Austrian textile producer FEINJERSEY and the German textile machinery manufacturer BRÜCKNER

The Feinjersey Group is an internationally operating textile company and supplies the "global players" of the textile industry worldwide. The value chain of the company, which is based in Götzis, Austria, ranges from yarn processing to the finished product.

As a fully integrated production company, the internationally active textile company Feinjersey attaches great importance to a high quality standard and guarantees care at every step in the process chain. With approx. 250 employees and annual sales of around 45 million euros, the company knits, dyes and finishes top-quality knitted fabrics as well as elastic woven fabrics for a wide range of applications.

Products are made for the fashion, sports, workwear and technical textiles sectors. Among other things, fabrics for the automotive industry, laminating backings and coating substrate for artificial leather or foils, construction textiles or fabrics for medical technology are all produced.

The Austrian textile manufacturer has been certified with the Bluesign textile seal and ensures efficient use of resources with modern machinery. Water and energy consumption as well as pollutant emissions are to be reduced to a minimum.

In textile finishing in particular, the focus is on minimising energy consumption as this process is the most energy-intensive in the entire process chain. Feinjersey uses its own photovoltaic system for this purpose, as well as the heat recovery and exhaust air purification systems on the stenter frames. By using the waste heat from production, the company's buildings are heated. All six stenter frames at Feinjersey are made by BRÜCKNER and produce with three-stage heat recovery and exhaust air purification systems.

The latest BRÜCKNER line has a working width of 4.20 m and is mainly used for the finishing of high-ly elastic and extremely sensitive knitted fabric. In order to avoid yellowing on the fabric, the stenter is equipped with an indirect gas heating system. The knitting oil vapours coming from the fabric during the heat-setting process are extracted from the dryer and cleaned in a BRÜCK-NER ECO-AIR exhaust air cleaning system before being extracted to atmosphere. The complete exhaust air treat-ment on the newest stenter is carried out by a multistage BRÜCKNER ECO-HEAT and ECO-AIR system.

Source:

Brückner Trockentechnik GmbH & Co. KG

Oerlikon Webinar with a Focus on Customer Service (c) Oerlikon
19.08.2021

Oerlikon Webinar with a Focus on Customer Service

The new series of webinars of the Swiss Oerlikon Group’s Manmade Fibers Solutions business unit will be focusing on services for manmade fiber systems.

Short Overview of the webinars:

  • How ceramics within the yarn path improve the quality of your yarn on September 01
  • myOerlikon – tailored digital services provide a comprehensive overview on September 13
  • Always by your side – with Oerlikon Remote Services on September 22
  • Better safe than sorry – maximize productivity and minimize downtimes with regular machine check-ups on September 29

For more information click here, where we keep you informed about upcoming events.

The new series of webinars of the Swiss Oerlikon Group’s Manmade Fibers Solutions business unit will be focusing on services for manmade fiber systems.

Short Overview of the webinars:

  • How ceramics within the yarn path improve the quality of your yarn on September 01
  • myOerlikon – tailored digital services provide a comprehensive overview on September 13
  • Always by your side – with Oerlikon Remote Services on September 22
  • Better safe than sorry – maximize productivity and minimize downtimes with regular machine check-ups on September 29

For more information click here, where we keep you informed about upcoming events.

Source:

Oerlikon

(c) lululemon
18.08.2021

Genomatica partners with lululemon bring bio-nylon to apparel

  • Renewably Sourced Materials to Help Replace Petrochemicals in Apparel for a Healthier Planet

lululemon athletica inc. (NASDAQ:LULU) announced a multi-year collaboration with sustainable materials leader Genomatica to bring renewably-sourced, bio-based materials into lululemon’s products. This represents lululemon’s first-ever equity investment in a sustainable materials company and Genomatica’s largest partnership within the retail industry. Together, the two companies will create a lower-impact, plant-based nylon to replace conventional nylon, which is the largest volume of synthetic material currently used to make lululemon products.

Genomatica uses biotechnology and fermentation to convert plant-based ingredients into widely used chemical building blocks, like those used to make nylon. These building blocks are converted to pellets and yarns, and the companies will be working closely with lululemon’s fabric supply chain to incorporate this material into future products. Through this collaboration, the companies seek to create positive change within the $22B global nylon market by building more sustainable supply chains.  

  • Renewably Sourced Materials to Help Replace Petrochemicals in Apparel for a Healthier Planet

lululemon athletica inc. (NASDAQ:LULU) announced a multi-year collaboration with sustainable materials leader Genomatica to bring renewably-sourced, bio-based materials into lululemon’s products. This represents lululemon’s first-ever equity investment in a sustainable materials company and Genomatica’s largest partnership within the retail industry. Together, the two companies will create a lower-impact, plant-based nylon to replace conventional nylon, which is the largest volume of synthetic material currently used to make lululemon products.

Genomatica uses biotechnology and fermentation to convert plant-based ingredients into widely used chemical building blocks, like those used to make nylon. These building blocks are converted to pellets and yarns, and the companies will be working closely with lululemon’s fabric supply chain to incorporate this material into future products. Through this collaboration, the companies seek to create positive change within the $22B global nylon market by building more sustainable supply chains.  

More information:
lululemon Genomatica bio-based nylon
Source:

Method Communications

Thomas Bucher (c) ARCHROMA
18.08.2021

ARCHROMA: Chief Financial Officer Succession

Archroma, a global leader in specialty chemicals towards sustainable solutions, announced that it has appointed Thomas Bucher as its new Chief Financial Officer (CFO) effective 1 October 2021, replacing Roland Waibel who will retire.

Thomas Bucher has a long career in Finance, having held CFO roles with leading industrial and services companies as well as senior Finance roles in the chemical sector. He joins Archroma from Alpiq Holding AG, where he has been Group CFO and a Member of the Executive Management Board since 2015. Prior to Alpiq, Thomas Bucher was Group CFO at Gategroup for 6 years, where he supported the company’s listing and subsequent strategic repositioning, and before that he held a number of senior Finance roles at Ciba Specialty Chemicals over more than 12 years.

Chief Executive Officer Heike van de Kerkhof comments: “We are very happy to have Thomas Bucher join us, and add his financial expertise to support our agenda towards confirming Archroma as an undisputed leader in innovative and sustainable specialty chemicals, supported by solid and profitable growth.”

Archroma, a global leader in specialty chemicals towards sustainable solutions, announced that it has appointed Thomas Bucher as its new Chief Financial Officer (CFO) effective 1 October 2021, replacing Roland Waibel who will retire.

Thomas Bucher has a long career in Finance, having held CFO roles with leading industrial and services companies as well as senior Finance roles in the chemical sector. He joins Archroma from Alpiq Holding AG, where he has been Group CFO and a Member of the Executive Management Board since 2015. Prior to Alpiq, Thomas Bucher was Group CFO at Gategroup for 6 years, where he supported the company’s listing and subsequent strategic repositioning, and before that he held a number of senior Finance roles at Ciba Specialty Chemicals over more than 12 years.

Chief Executive Officer Heike van de Kerkhof comments: “We are very happy to have Thomas Bucher join us, and add his financial expertise to support our agenda towards confirming Archroma as an undisputed leader in innovative and sustainable specialty chemicals, supported by solid and profitable growth.”

She adds: “I want to thank Roland Waibel for his many contributions since the beginning of Archroma in 2013. He has played an important role helping the company deliver on our growth whilst building a strong finance expert team and expertise at Archroma.”

More information:
Archroma
Source:

ARCHROMA

(c) Textile Exchange
17.08.2021

Textile Exchange: Preferred Fiber and Materials Market Report 2021 released

  • Textile Exchange report shows growth of preferred fiber and materials market needs to be accelerated
  • With post-pandemic fiber production increasing, the transition to preferred fibers and materials must be a non-negotiable decision, notes Textile Exchange.

According to a new Textile Exchange report, the market share for preferred fiber and materials grew significantly in 2020. The Preferred Fiber and Materials Market Report 2021 outlines the market for plant fibers such as cotton, hemp, and linen; animal fibers and materials such as wool, mohair, cashmere, alpaca, down, silk, and leather; manmade cellulosics (MMCFs) such as viscose, lyocell, modal, acetate, and cupro; as well as synthetics such as polyester, polyamide, and more.

  • Textile Exchange report shows growth of preferred fiber and materials market needs to be accelerated
  • With post-pandemic fiber production increasing, the transition to preferred fibers and materials must be a non-negotiable decision, notes Textile Exchange.

According to a new Textile Exchange report, the market share for preferred fiber and materials grew significantly in 2020. The Preferred Fiber and Materials Market Report 2021 outlines the market for plant fibers such as cotton, hemp, and linen; animal fibers and materials such as wool, mohair, cashmere, alpaca, down, silk, and leather; manmade cellulosics (MMCFs) such as viscose, lyocell, modal, acetate, and cupro; as well as synthetics such as polyester, polyamide, and more.

The report is a unique annual publication about global fiber and materials production, availability, and trends, including those associated with improved social and environmental impacts, referred to as ”preferred.” The comprehensive report includes quantitative data, industry updates, trend analysis and inspiring insights into the work of leading companies and organizations as they create material change.

The results show that between 2019 and 2020 the market share of preferred cotton increased from 24 to 30 percent and recycled polyester from 13.7 to 14.7 percent. Preferred cashmere increased from 0.8 to 7 percent of all cashmere produced while Responsible Mohair Standard certified fiber expanded from 0 to 27 percent of all mohair produced worldwide in its first year of existence in 2020. The market share of FSC and/or PEFC certified MMCFs increased to approximately 55-60 percent. While the market share of recycled MMCFs is only 0.4 percent, it is expected to increase significantly in the following years.

Brands’ increased interest in the use of preferred fibers and materials was also demonstrated by 75 percent increase in the total number of facilities (to 30,000) around the world becoming certified to the organization’s portfolio of standards in 2020. However, the report also notes that despite the increase, preferred fibers only represent less than one-fifth of the global fiber market. Less than 0.5 percent of the global fiber market was from pre- and post-consumer recycled textiles.

Indeed, global fiber production has almost doubled in the last 20 years from 58 million tonnes in 2000 to 109 million tonnes in 2020. While it is not yet clear how the pandemic and other factors will impact future development, global fiber production is expected to increase by another 34 percent to 146 million tonnes in 2030 if the industry builds back business as usual. If this growth continues, it will be increasingly difficult for the industry to meet science-based targets for climate and nature.

Textile Exchange aims to be the driving force for urgent climate action, and its Climate+ strategy calling for the textile industry to reduce greenhouse gas emissions by 45 percent by 2030 compared to a 2019 baseline in the pre-spinning phase of textile fiber and materials production, while also addressing other impact areas interconnected with climate such as water, biodiversity, and soil health.

Source:

Textile Exchange

Photo: Pixabay
16.08.2021

Hohenstein: New quantitative method to detect genetic modifications in organic cotton

There has been a sharp rise in demand for organic cotton products. Compared to conventionally grown cotton, the cultivation of organic cotton requires the renunciation of genetically modified seeds, chemical pesticides or fertilisers. Nevertheless, genetic modifications are repeatedly found in textiles that are falsely labelled with organic claims. Often, available certification systems are not backed up by lab testing. At best, they only take random seed samples. Textile testing specialist, Hohenstein, has developed an assessment method specifically for cotton. This new DNA analysis method makes it possible to ascertain the amount of genetically modified cotton contained in products. This is good news for textile industry stakeholders who will be on the safe side in terms of quality control and labelling of organic cotton products.

There has been a sharp rise in demand for organic cotton products. Compared to conventionally grown cotton, the cultivation of organic cotton requires the renunciation of genetically modified seeds, chemical pesticides or fertilisers. Nevertheless, genetic modifications are repeatedly found in textiles that are falsely labelled with organic claims. Often, available certification systems are not backed up by lab testing. At best, they only take random seed samples. Textile testing specialist, Hohenstein, has developed an assessment method specifically for cotton. This new DNA analysis method makes it possible to ascertain the amount of genetically modified cotton contained in products. This is good news for textile industry stakeholders who will be on the safe side in terms of quality control and labelling of organic cotton products.

First step: qualitative screening and identification. Second step: quantification of genetically modified cotton.
For qualitative screening, Hohenstein experts had developed molecular biological detection systems to make clear yes/no statements about genetically modified cotton. Testing can be applied to all kinds of materials, from raw cotton to chemically untreated yarns and fabrics. In addition, Hohenstein is one of only a few laboratories in the world accredited to test for GMOs in accordance with the ISO/IWA 32:2019 protocol. Its method provides reliable evidence of the presence or exclusion of genetic modification in cotton textile precursors.

Once qualitative proof of genetic modification is obtained, Hohenstein experts begin quantifying the type and extent of the genetic modifications. To do this, they use DNA analysis to search for different cotton lines known to contain genetic alterations and quantify the proportion. Only by pinpointing individual genetic modifications and quantifying the extent of modification is it possible to provide precise information on whether there is an extremely small proportion of contamination, or whether larger proportions of GMOs have been mixed in. This offers clear benefits to manufacturers, brand owners and retailers when it comes to supply chain transparency and fraud prevention.

Source:

Hohenstein Laboratories GmbH & Co. KG.

Röhm with innovative materials at Fakuma 2021 (c) Röhm GmbH
16.08.2021

Röhm with innovative materials at Fakuma 2021

  • Röhm will be presenting the new PLEXIGLAS® Optical HT special molding compound for increased continuous service temperatures, as well as other products for various application areas
  • Highlight: PLEXIGLAS® molding compounds for innovative design of vehicles, luminaires and household appliances

The transition in the automotive industry towards electric vehicles is heralding a change in the design language, just like LEDs did for luminaires. Material manufacturers are adapting to these new conditions and are developing custom materials for the respective applications. Between October 12 and 16, the Molding Compounds business unit will be demonstrating how design elements can be combined with a range of functions at the Fakuma 2021 trade fair in Friedrichshafen.

PLEXIGLAS® molding compounds have proven their worth in many fields of application – from the automotive and lighting industries to the electronics and household appliance sectors.

  • Röhm will be presenting the new PLEXIGLAS® Optical HT special molding compound for increased continuous service temperatures, as well as other products for various application areas
  • Highlight: PLEXIGLAS® molding compounds for innovative design of vehicles, luminaires and household appliances

The transition in the automotive industry towards electric vehicles is heralding a change in the design language, just like LEDs did for luminaires. Material manufacturers are adapting to these new conditions and are developing custom materials for the respective applications. Between October 12 and 16, the Molding Compounds business unit will be demonstrating how design elements can be combined with a range of functions at the Fakuma 2021 trade fair in Friedrichshafen.

PLEXIGLAS® molding compounds have proven their worth in many fields of application – from the automotive and lighting industries to the electronics and household appliance sectors.

The brand polymethyl methacrylate (PMMA) from Röhm is an extremely diverse plastic that offers great design freedom and boasts great light-guiding properties. At the same time, it impresses with its low weight and easy to mold and process. The material also stands out thanks to its UV and weather resistance and its resulting durability. At Fakuma 2021, Röhm will be showcasing the material’s versatile properties and present its extensive portfolio based on various application examples of PLEXIGLAS® molding compounds.

Source:

Röhm GmbH

(c) Indorama Ventures Public Company Limited
16.08.2021

Indorama Ventures acquires Brazil-based Oxiteno

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

Oxiteno is a leading integrated surfactants producer, catering to highly attractive end-use markets in LATAM. The acquisition brings an excellent management team, world-class expertise in green chemistry innovation, strong customer relationships in Brazil, Uruguay and Mexico, and substantial growth potential in attractive end markets, including the U.S. through a new facility in Pasadena, Texas. Oxiteno has a strong commitment to environmental governance, and its focus on lowering greenhouse gas emissions will also enhance IVL’s ESG credentials.

Source:

Indorama Ventures Public Company Limited

TMAS: Swedish Group ACG turns 100 (c) Ismail Abdelkareem, ACG Goup
ACG’s Reimar Westerlind and Thomas Arvidsson at the company’s head office in Borås, Sweden
16.08.2021

TMAS: Swedish Group ACG turns 100

It is exactly 100 years ago on August 17th this year that Carl Axel Gustafsson returned from the USA to Sweden with a significant agency agreement from the Boston-based sewing machine leader Reece.

Back in 1921, Reece, along with its competitor Singer, entirely dominated the buttonhole machine market and were the world’s only manufacturers of these machines for jackets, trousers and coats.

Gustafsson’s license enabled his new company A C Gustafsson to become one of Europe’s first leasing organisations, hiring out Reece buttonhole machines and receiving payment per sewn buttonhole stitch.

This business thrived for many decades and formed the basis for the entire ACG Group as it exists today.

Forty years later, on September 2nd 1961 to be precise, Reimar Westerlind walked out of a restaurant after a long and enjoyable lunch with someone he’d never met before, having signed his intention to buy a company he knew nothing about on an improvised contract written on the back of a menu.

It is exactly 100 years ago on August 17th this year that Carl Axel Gustafsson returned from the USA to Sweden with a significant agency agreement from the Boston-based sewing machine leader Reece.

Back in 1921, Reece, along with its competitor Singer, entirely dominated the buttonhole machine market and were the world’s only manufacturers of these machines for jackets, trousers and coats.

Gustafsson’s license enabled his new company A C Gustafsson to become one of Europe’s first leasing organisations, hiring out Reece buttonhole machines and receiving payment per sewn buttonhole stitch.

This business thrived for many decades and formed the basis for the entire ACG Group as it exists today.

Forty years later, on September 2nd 1961 to be precise, Reimar Westerlind walked out of a restaurant after a long and enjoyable lunch with someone he’d never met before, having signed his intention to buy a company he knew nothing about on an improvised contract written on the back of a menu.

“What I didn’t know then was that my dining partner was the family lawyer of Carl Axel Gustafsson,” Reimar explains. “I had no money and knew nothing about the textile industry and I also quickly discovered the business was not doing so well at that time and tried to get out of the agreement, but he insisted I honour it. He told me he had money and would back me, but I’d have to work hard and pay him back in full.”

Reimar certainly took that advice, and at the age of 92 still travels to his office every day to oversee the operations of the diverse companies now operating under the ACG umbrella.

Although textiles remain the bedrock of the business, under Reimar Westerlind’s management, ACG Group has branched out into many other fields of activity over the past 60 years, and its diversity has also led to some highly unexpected developments.

Like many other European manufacturers, ACG also began to expand beyond its traditional borders from the 1970s onwards – initially into the former Soviet Union and subsequently establishing subsidiaries in Estonia, Lithuania, Finland, the Ukraine and Denmark.

16.08.2021

Rieter Board of Directors: Dismissals and Criminal Complaint

As the Rieter Holding Ltd. Announced, during the course of the acquisition of three Saurer businesses’, it came to serious violations of the statutory duty of loyalty, the obligation to maintain business secrets and the Rieter Code of Conduct by two members of the Board of Directors. They are said to have misused information internal to the Board of Directors in order to compete with Rieter through an offer of their own.

The Board of Directors considers this to be a strong violation of Rieter’s interests, to the detriment of all of its stakeholders, and a sustained breach of the relationship of trust within the Board of Directors which makes further cooperation impossible.

Therefore, the Board of Directors of Rieter Holding Ltd. intends to convene an Extraordinary General Meeting to dismiss these members. Furthermore, to protect Rieter’s interests, the Board of Directors will file a criminal complaint against them.

As the Rieter Holding Ltd. Announced, during the course of the acquisition of three Saurer businesses’, it came to serious violations of the statutory duty of loyalty, the obligation to maintain business secrets and the Rieter Code of Conduct by two members of the Board of Directors. They are said to have misused information internal to the Board of Directors in order to compete with Rieter through an offer of their own.

The Board of Directors considers this to be a strong violation of Rieter’s interests, to the detriment of all of its stakeholders, and a sustained breach of the relationship of trust within the Board of Directors which makes further cooperation impossible.

Therefore, the Board of Directors of Rieter Holding Ltd. intends to convene an Extraordinary General Meeting to dismiss these members. Furthermore, to protect Rieter’s interests, the Board of Directors will file a criminal complaint against them.

Source:

Rieter Holding AG

16.08.2021

Rieter Acquires Three Businesses from Saurer

  • Schlafhorst automatic winder as well as Accotex and Temco will be transferred from Saurer to Rieter
  • Investment to complete Rieter’s ring- and compact spinning systems and in two attractive component businesses
  • Closing expected during the month of August, implementation to be completed in six to nine months

On August 13, 2021, Rieter Holding Ltd., Winterthur/Switzerland, and Saurer Intelligent Technology Co. Ltd., Shanghai/China listed, signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V., Amsterdam/Netherlands, the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach-Palenberg/Germany and Saurer Technologies GmbH & Co. KG, Krefeld/Germany.

With this acquisition, Rieter will complete the offering of ring- and compact spinning systems by acquiring the Schlafhorst automatic winder business. Additionally, Rieter invests in two attractive component businesses: Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines).

  • Schlafhorst automatic winder as well as Accotex and Temco will be transferred from Saurer to Rieter
  • Investment to complete Rieter’s ring- and compact spinning systems and in two attractive component businesses
  • Closing expected during the month of August, implementation to be completed in six to nine months

On August 13, 2021, Rieter Holding Ltd., Winterthur/Switzerland, and Saurer Intelligent Technology Co. Ltd., Shanghai/China listed, signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V., Amsterdam/Netherlands, the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach-Palenberg/Germany and Saurer Technologies GmbH & Co. KG, Krefeld/Germany.

With this acquisition, Rieter will complete the offering of ring- and compact spinning systems by acquiring the Schlafhorst automatic winder business. Additionally, Rieter invests in two attractive component businesses: Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines).

In total, the three businesses had a combined turnover of EUR 142 million in 2020, the year of the COVID crisis. In 2019 and 2018, the total combined turnover was at a level of EUR 235 million and EUR 260 million, respectively.

The purchase price for the three businesses is EUR 300 million on a cash and debt free basis. Rieter has financed the purchase price by cash and available credit lines.

Rieter and Saurer expect to close the transaction during the month of August. In the first step of the transaction, Rieter will acquire 57% of the shares of Saurer Netherlands. The shares will be returned to Saurer after the implementation of the transaction in six to nine months.

In connection with the transaction, it is envisaged that Rieter will supply automatic winders to Saurer in the future.

Source:

Rieter Management AG

(c) Brückner Trockentechnik GmbH & Co. KG
12.08.2021

BRÜCKNER successful in Turkey with stenters

The Turkish company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaraş, one of the southernmost cities of the country. Today, the family-owned company employs around 1,500 people and finishes around 55 tons of knitwear every day. In addition to many well-known Turkish fashion manufacturers, ARIKAN also supplies international manufacturers in Europe, Russia, the Gulf States and other leading international markets.

The Turkish company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaraş, one of the southernmost cities of the country. Today, the family-owned company employs around 1,500 people and finishes around 55 tons of knitwear every day. In addition to many well-known Turkish fashion manufacturers, ARIKAN also supplies international manufacturers in Europe, Russia, the Gulf States and other leading international markets.

The German machinery manufacturer BRÜCKNER supported the Turkish company from the very beginning. From the foundation of the dyeing and finishing plant, BRÜCKNER supplied three stenters for the finishing of the high-quality knitted fabric in 2014. Two more lines followed in 2016. For decades, BRÜCKNER has been the market leader for the finishing of knitted fabric. Especially for very fine and elastic fabric, special line configurations and technological know-how are necessary to be able to produce a high-quality end product. During the drying and heat-setting process, for example, extremely accurate and uniform temperature distribution over the entire length and width of the dryer is essential. In the BRÜCKNER stenter this is achieved, among other things, by the alternating arrangement of the thermal zones every 1.5 meters and by the proven split-flow air system.

The machine operators at ARIKAN appreciate the easy control of BRÜCKNER lines. The visualization is intuitively designed and offers many auxiliary systems for an optimized production process. In addition, significant energy savings can be achieved with just a few changes to the machine parameters.

The management at ARIKAN attaches great importance to energy saving, especially in the fabric finishing department. The drying process is one of the most energy-intensive in the entire process chain, therefore the biggest savings can be made here. These have a direct impact on the manufacturing costs of the textiles and thus on competitiveness in the market. In the meantime, talks are already in progress for another BRÜCKNER line which will include a very special feature: a combined heating system for the dryer. For many customers - and so also for ARIKAN in Turkey - e.g. steam energy is available free or very cheap. With the combined heating system developed by BRÜCKNER it is possible to use this steam energy for heating up the dryer and thus to achieve significant savings. If the available steam is not sufficient for a running process, it is automatically switched over to gas heating. This mode of operation does not only have an effect on the energy costs, but also makes a considerable contribution to environmental protection.

12.08.2021

SGL Carbon: strong first half of 2021

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

With sales of €221.2 million, the Graphite Solutions business area contributed around 44.5% of SGL Group sales. The 3.8% increase in the division's sales was particularly due to the positive development in the important markets of the LED, semiconductor and automotive industries.

Transformation program:
The restructuring and transformation process initiated at SGL Carbon made a significant contribution to the Company's positive sales and earnings performance. In addition to leaner and more efficient structures as well as a reorganization of the business units with responsibility for results, a large number of improvements and cost initiatives in all business units and sites have contributed to the success of the ongoing transformation program.

Forecast increase:
Due to pleasing business development in the first half of the year as well as transformation successes, SGL Carbon raised its forecast for fiscal year 2021 on July 13, 2021. For the financial year 2021, the company now expects consolidated sales of around €1.0 billion (previously: €920 - 970 million). In line with developments in the first half of 2021 and the results from the transformation, adjusted EBITDA for 2021 is expected to be between €130 - 140 million (previously: €100 - 120 million). Accordingly, a slightly positive net profit is now forecasted for fiscal year 2021 (previously: €-20 million to €0).

More information:
SGL Carbon SGL Carbon SE
Source:

SGL CARBON SE

 

MS establishes new business unit "Nonwovens" (c) MS Ultraschall Technologie GmbH
MS UTG Kampagnenmotiv
11.08.2021

MS establishes new business unit "Nonwovens"

The MS Ultrasonic Technology Group is a globally recognized technology and innovation leader in ultrasonic joining technology and develops and builds flexible special machines, pioneering series machines, modular systems and efficient components for high-performance complete solutions.

This enables optimal welding, punching, sealing, cut-off welding and riveting of thermoplastics, textiles and nonwovens as well as cutting of food and other products.

To ensure sustainable growth, MS is focusing on expanding its application portfolio and entering new market segments. MS Ultrasonic Technology Group is part of the listed MS Industrie AG with internationally active companies.

In addition to the company's previous activities, MS is now placing a new focus on the continuous welding of nonwovens and other materials.

The MS Ultrasonic Technology Group is a globally recognized technology and innovation leader in ultrasonic joining technology and develops and builds flexible special machines, pioneering series machines, modular systems and efficient components for high-performance complete solutions.

This enables optimal welding, punching, sealing, cut-off welding and riveting of thermoplastics, textiles and nonwovens as well as cutting of food and other products.

To ensure sustainable growth, MS is focusing on expanding its application portfolio and entering new market segments. MS Ultrasonic Technology Group is part of the listed MS Industrie AG with internationally active companies.

In addition to the company's previous activities, MS is now placing a new focus on the continuous welding of nonwovens and other materials.

More than 30 years of experience in the development and production of high-quality and innovative ultrasonic components, coupled with know-how in drive and control technology, will be incorporated into the new business segment. This means that customers receive ready-to-integrate systems with maximum precision from a single source. With the new MS Competence Center in Ettlingen (Germany), MS is fulfilling the wish of many customers to expand its application portfolio to include continuous joining, embossing and perforating of nonwovens and sealing of packaging.

MS is thus adding an innovative and specialized site, while maintaining a high level of vertical integration and support for all specialist areas through its main site in Spaichingen (Germany). In two application laboratories and a measurement and analysis laboratory, tests, evaluations and optimizations of various welding tasks are just as much a part of the service as the in-house production of engraving rollers through to complete systems.

  • Application engineering consulting for your welding task
  • Support in the design of the engraving roll
  • Execution of feasibility studies
  • Welding tests to determine the process parameters
  • Individualized process optimization
  • Finding solutions for problematic welding applications
  • Testing of quality-describing characteristics (tightness, porosity, strength)
  • Microscopic analysis of the welded joint in 3D
  • Sample creation and pre-series production
Source:

MS Ultraschall Technologie GmbH

10.08.2021

Kornit Digital acquires Voxel8

  • Expanding additive manufacturing technology portfolio for next generation of sustainable on-demand textile production

Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in digital textile production technologies, announced the acquisition of all associated assets of Somerville, Massachusetts-based Voxel8.  

Voxel8’s advanced additive manufacturing technology for textiles allows for digital fabrication of functional features with zonal control of material properties, in addition to utilizing high-performance elastomers adhering to inkjet technology.

  • Expanding additive manufacturing technology portfolio for next generation of sustainable on-demand textile production

Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in digital textile production technologies, announced the acquisition of all associated assets of Somerville, Massachusetts-based Voxel8.  

Voxel8’s advanced additive manufacturing technology for textiles allows for digital fabrication of functional features with zonal control of material properties, in addition to utilizing high-performance elastomers adhering to inkjet technology.

"By integrating Voxel8’s technology into Kornit’s product roadmap, we will be able to transform numerous market segments and verticals, accelerating our collective visions and technology advancements," . “Voxel8 offers direct 3D print-on-part capabilities, advanced design software that can be easily integrated with any production floor software workflow, and versatile chemistry enabling on-the-fly formulation of high-performance elastomers to change the material properties of the resulting printed structures by multiple orders of magnitude. This means reflective, high-density, silicone and metallics, as well as compression elements for sports and therapeutics, protection elements like cushioning and impact resistance, and functionality applications like anti-slip, waterproofing, and other qualities combining form and function that are key to Kornit’s vision of digitizing production in every conceivable manner,” explained Kobi Mann, Kornit Digital Chief Technology Officer

Source:

pr4u for Kornit