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Kraig Biocraft Laboratories Inc., Imgae by Kraig Biocraft Laboratories Inc.
26.08.2025

Kraig Labs: Second Production Rearing Center in Southeast Asia

Kraig Biocraft Laboratories Inc., a leader in spider silk technology, announces that its second production rearing center in Southeast Asia is now fully operational.

With two active production facilities, the Company has established parallel operations designed to ensure continuous rearing cycles of its specialized recombinant spider silk silkworms. This dual-site capacity increases resilience and scalability, providing greater consistency in material output as Kraig Labs advances its commercialization strategy.

Teams are now active at both rearing centers, working with the company’s established parental lines for BAM-1 production hybrids, as well as three additional parental lines introduced earlier this summer. These new genetic lines represent a significant expansion of Kraig Labs’ breeding program and are expected to further enhance production efficiencies.

These facilities are designed to create efficient redundancy to avoid bottlenecks the company experienced in the past. This is a major leap forward in terms of creating sustained production.

Kraig Biocraft Laboratories Inc., a leader in spider silk technology, announces that its second production rearing center in Southeast Asia is now fully operational.

With two active production facilities, the Company has established parallel operations designed to ensure continuous rearing cycles of its specialized recombinant spider silk silkworms. This dual-site capacity increases resilience and scalability, providing greater consistency in material output as Kraig Labs advances its commercialization strategy.

Teams are now active at both rearing centers, working with the company’s established parental lines for BAM-1 production hybrids, as well as three additional parental lines introduced earlier this summer. These new genetic lines represent a significant expansion of Kraig Labs’ breeding program and are expected to further enhance production efficiencies.

These facilities are designed to create efficient redundancy to avoid bottlenecks the company experienced in the past. This is a major leap forward in terms of creating sustained production.

“Becoming fully operational at our second rearing center is a milestone that strengthens the foundation of our spider silk production platform,” said Kim Thompson, Kraig Labs founder and CEO. “Having parallel operations allows us to maintain continuous cycles of rearing, diversify our breeding program, and accelerate the development of next-generation hybrids. This expanded capacity is essential as we push forward in scaling production and bringing our recombinant spider silk to market.”

The opening of this second rearing facility reflects Kraig Labs’ ongoing commitment to building a robust, reliable, and scalable spider silk production system in Southeast Asia, positioning the company to meet growing demand from diverse markets and industries.

Source:

Kraig Biocraft Laboratories Inc.

Carrington Textiles expands military range with ProTact by Haartz® Photo Carrington Textiles Ltd.
25.08.2025

Carrington Textiles expands military range with ProTact by Haartz®

As a global military fabrics manufacturer, Carrington Textiles has partnered with Haartz® GmbH to bring the ProTact by Haartz® range of laminated fabrics to Europe, the Middle East, Africa, Australia and New Zealand.

This partnership expands the specialist portfolio of defence fabrics with high performance technical laminates designed for military and tactical equipment. Manufactured in Germany by Haartz® GmbH, the ProTact range is engineered to meet the demanding requirements of modern military applications, including rucksacks, load carrying systems, vests and pouches.

The range offers several technical benefits for tactical equipment manufacturers, including:

As a global military fabrics manufacturer, Carrington Textiles has partnered with Haartz® GmbH to bring the ProTact by Haartz® range of laminated fabrics to Europe, the Middle East, Africa, Australia and New Zealand.

This partnership expands the specialist portfolio of defence fabrics with high performance technical laminates designed for military and tactical equipment. Manufactured in Germany by Haartz® GmbH, the ProTact range is engineered to meet the demanding requirements of modern military applications, including rucksacks, load carrying systems, vests and pouches.

The range offers several technical benefits for tactical equipment manufacturers, including:

  • Laser-cut ready – clean edges, no residue
  • Reduced fraying – precision layer bonding
  • Superior flexibility – softer feel, more comfortable wear
  • CORDURA® Truelock technology – consistent colour, UV fade resistance
  • No delamination – even in extreme conditions
  • Proven field performance – engineered for reliability under pressure

The initial range includes ProTact G510.1, a 500D/1000D fabric offered in black, coyote brown and the MultiCam® camouflage pattern, and ProTact G55.1, a 500D/500D option available in black, coyote brown and ranger green.

ProTact by Haartz® has already proven itself in the field with advanced durability and protection. The addition of this range complements our existing military fabric offering and further strengthens our position as a trusted supplier to defence forces and tactical equipment manufacturers.

Girbau: Honorable Mention for Sortech at the Clean Show 2025 Innovation Awards Photo: (c) Girbau
25.08.2025

Girbau: Honorable Mention for Sortech at the Clean Show 2025 Innovation Awards

Girbau has been recognized with an Honorable Mention at the Clean Show 2025 Innovation Awards for Sortech, the automation solution for smart garment sorting. This recognition reinforces the company’s commitment to innovation, sustainability, and efficiency in industrial laundries. The awards ceremony was held on Sunday, August 24, at the Orange County Convention Center (Orlando), as part of Clean Show 2025

Sortech provides a clear improvement in productivity and operational continuity by enabling fast and accurate garment sorting, reducing the physical workload of operators, and optimizing energy consumption.

“This recognition reflects Girbau’s commitment to transforming the industry through solutions that improve the experience of workers and the competitiveness of our clients. Sortech is another step toward a safer, more efficient, and sustainable future,” says Mercè Girbau, CEO and Managing Director of Girbau.

The project is the result of a joint innovation process with clients: it originated from their needs and today offers benefits to the entire industry.

Girbau has been recognized with an Honorable Mention at the Clean Show 2025 Innovation Awards for Sortech, the automation solution for smart garment sorting. This recognition reinforces the company’s commitment to innovation, sustainability, and efficiency in industrial laundries. The awards ceremony was held on Sunday, August 24, at the Orange County Convention Center (Orlando), as part of Clean Show 2025

Sortech provides a clear improvement in productivity and operational continuity by enabling fast and accurate garment sorting, reducing the physical workload of operators, and optimizing energy consumption.

“This recognition reflects Girbau’s commitment to transforming the industry through solutions that improve the experience of workers and the competitiveness of our clients. Sortech is another step toward a safer, more efficient, and sustainable future,” says Mercè Girbau, CEO and Managing Director of Girbau.

The project is the result of a joint innovation process with clients: it originated from their needs and today offers benefits to the entire industry.

Source:

Girbau

APEXFiz® subscription-based design software Graphic by Shima Seiki
APEXFiz® subscription-based design software
25.08.2025

SHIMA SEIKI at Intertextile Shanghai

Digital textile solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Hong Kong and Chinese market subsidiary SHIMA SEIKI (HONG KONG) LTD., will exhibit at the Intertextile Shanghai Apparel Fabrics Autumn Edition 2025 show in Shanghai, China in September. It will exhibit once again as part of the Digital Solutions Zone which allows visitors various opportunities to partake in the digital revolution that is currently making waves in the apparel industry. 
 

Digital textile solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Hong Kong and Chinese market subsidiary SHIMA SEIKI (HONG KONG) LTD., will exhibit at the Intertextile Shanghai Apparel Fabrics Autumn Edition 2025 show in Shanghai, China in September. It will exhibit once again as part of the Digital Solutions Zone which allows visitors various opportunities to partake in the digital revolution that is currently making waves in the apparel industry. 
 
SHIMA SEIKI will be showing its APEXFiz® subscription-based design software which digitally supports the creative side of fashion from planning and design to colorway evaluation, realistic fabric simulation and 3D virtual sampling. Virtual samples are a digitized version of sample making that are accurate enough to be used effectively as prototypes, replacing physical sampling and consequently reducing time, cost and material that eventually go to waste. The remarkable realism of textile simulation is achieved by using scanned data of actual yarn to virtually create fabrics that are comparable to physical samples. Simulations are available for wovens, circular knits, flat knits, prints, pile weave and even embroidery. These fabrics can be utilized in various 3D simulation software including APEXFiz® to create realistic product images. Should the design be approved for production, machine data can be generated to allow smooth communication for digitally bridging the gap between the studio and factory. APEXFiz® thereby helps to realize sustainability through reduced waste, to enhance quality, and to digitally transform the fashion supply chain. 
 
The product planning capability of APEXFiz® is enhanced by several web services featured as part of the SHIMA SEIKI Online Services (SHIMA online) web platform. These include the yarnbank® digital yarn sourcing web service that offers digitized yarn data by yarn companies from around the world for download and use in virtual sampling, as well as SHIMA Datamall™ digital content web service that allows users to search, browse and purchase a variety of useful data for streamlining the planning and production of fashion items. Registration to both services is free. 
 
SHIMA SEIKI will also be hosting a seminar session titled “New Era of Digital Fabric: End-to-End DPC Solution” on Wednesday, 3rd September from 10:20 am to 10:50 am at Hall 4.1-C131. 

25.08.2025

Lenzing: Accelerated energy transition through expansion of renewable energies

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, expands its photovoltaic capacities at its Lenzing site. Together with VERBUND, a new PV plant with a capacity of 1.3 megawatts peak (MWp) has been commissioned, increasing the total capacity of the PV plant park to 8.3 MWp. Lenzing is thereby investing in a stable and diversified energy supply and is also making an active contribution to the energy transition. VERBUND is accompanying Lenzing on its path to energy independence and, as a partner, is providing significant support for the expansion of renewable energies. 
 

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, expands its photovoltaic capacities at its Lenzing site. Together with VERBUND, a new PV plant with a capacity of 1.3 megawatts peak (MWp) has been commissioned, increasing the total capacity of the PV plant park to 8.3 MWp. Lenzing is thereby investing in a stable and diversified energy supply and is also making an active contribution to the energy transition. VERBUND is accompanying Lenzing on its path to energy independence and, as a partner, is providing significant support for the expansion of renewable energies. 
 
In recent years, Lenzing has continuously invested in the expansion of renewable electricity and energy sources. In addition to its PV plant park, the company operates numerous other sustainable energy projects, including three small hydropower plants with a total output of 2.3 MW. In addition, several supply contracts have been concluded in recent years, for example with WLK energy for the purchase of around 13 MW of wind energy, and with green electricity producers Enery and Energie Steiermark to finance a photovoltaic plant with a capacity of 5.5 MWp in the district of Deutschlandsberg. 
 
“To ensure our long-term competitiveness, we are focusing on a sustainable energy mix of biomass, photovoltaics, wind energy, and hydropower. Investments in renewable energies and production that is as energy autonomous as possible are central components of our strategy. Political support – for example, through electricity price subsidies – is equally essential in order to achieve our ambitious sustainability and climate goals,” explains Christian Skilich, member of the Lenzing Group Executive Management. 
 
Martin Wagner, Managing Director of VERBUND Energy4Business, emphasizes the importance of this strategic cooperation: “The partnership with Lenzing is an important step for us toward a sustainable energy future. Together, we are not only shaping energy independence of companies, but also actively contributing to the energy transition. The new photovoltaic system is further proof that we are driving forward the transformation of the energy market through cooperation. VERBUND remains a reliable partner in supporting companies such as Lenzing on their path to a more sustainable future.” 
 
Lenzing is thus also steadily moving closer to its net-zero target. The group updated their climate targets for 2024 to align its commitment to climate protection with the goals of the Paris Agreement to limit global temperature rise to 1.5 degrees Celsius. The Science Based Targets Initiative (SBTi), the leading authority on climate-related target setting, reviewed and confirmed the target increase. Lenzing is the only producer of regenerated cellulose fibers with a scientifically confirmed net-zero target.

Source:

Lenzing AG

Gartex Texprocess India 2025 (c) Messe Frankfurt Trade Fairs India
Gartex Texprocess India 2025
21.08.2025

Gartex Texprocess India 2025 opened: 35% new exhibitors

The 13th edition of Gartex Texprocess India opened on a high note at the Bharat Mandapam, Pragati Maidan - New Delhi. The landmark event is being held between the 21st -23rd August 2025. Organized by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, the exhibition is bound to set a new benchmark in the garment, textile manufacturing and denim industry. This 13th edition of the Gartex Texprocess India features two new additions - the LeatherX Pavilion and the Textile Care Forum which makes the event more holistic and all-encompassing.

The Gartex Texprocess India 2025 has a record participation from over 200 exhibitors (35% first-time exhibitors) and 600+ brands from India and with international brands like Durst, Morimota Singapore (Kansai), Epson, Morgan, Jinjen, Groz Beckert, Brothers International, Jack Franc, Veolia, Amazon and more recording international participation from China, Japan, Italy, Germany and Singapore. The first day of the exhibition saw a high-level of engagement and was marked with vigorous activities across all stalls.  

The 13th edition of Gartex Texprocess India opened on a high note at the Bharat Mandapam, Pragati Maidan - New Delhi. The landmark event is being held between the 21st -23rd August 2025. Organized by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, the exhibition is bound to set a new benchmark in the garment, textile manufacturing and denim industry. This 13th edition of the Gartex Texprocess India features two new additions - the LeatherX Pavilion and the Textile Care Forum which makes the event more holistic and all-encompassing.

The Gartex Texprocess India 2025 has a record participation from over 200 exhibitors (35% first-time exhibitors) and 600+ brands from India and with international brands like Durst, Morimota Singapore (Kansai), Epson, Morgan, Jinjen, Groz Beckert, Brothers International, Jack Franc, Veolia, Amazon and more recording international participation from China, Japan, Italy, Germany and Singapore. The first day of the exhibition saw a high-level of engagement and was marked with vigorous activities across all stalls.  

Inaugurating the show, Chief Guest, Shri Manohar Lal Khattar expressed: “The textile industry is one of the largest sources of employment generation in the country with over 45 million people employed directly, including a large number of women and rural population. The government has taken a number of measures/ incentives to boost the textile sector and generate employment in the country. I give due credit to the two joint organisers for doing a great job of amalgamating the complete value chain from yarn to finished products here in Delhi.” 

Speaking on energy, Shri Khattar added: “Coming to power, we have extended several schemes, including subsidies up to 75%. Today, we are looking at the transition from fossil fuels to renewable energy. I urge you all to kindly upgrade your plants to renewable energy, as India is moving towards its Mission 2047 to reduce emissions. India had set a target to replace 50% of the energy by 2030 with renewable and clean sources but has managed to achieve the same this year.”

He was followed by the address from the Guest of Honour: Shri Rakesh Sachan, Hon’ble Minister, Department of MSME, Khadi, Village Industries, Sericulture and Textile, Government of Uttar Pradesh. He expressed: “The Indian textile industry is yet to produce indigenous machinery. It relies mostly on imports. The Government of Uttar Pradesh is taking efforts to allow industries to excel with special dedicated land parcels in the state. We had requested about 200 acres of land for the development of industries. Of these, we have received approval of about 100 acres. In another development, the Yamuna Expressway Industrial Development Authority (YEIDA) is developing a 150-acre apparel cluster in Noida, which will be Uttar Pradesh's first textile park. The project aims to attract investment, generate employment, and boost exports in the apparel sector.”
Speaking on the US tariffs, Shri Sachan said: “The surge in US tariffs has hit hard, but this is the time to upgrade and create capacity, improve on indigenous technology.”

The expo was inaugurated by Chief Guest Shri Manohar Lal Khattar, Hon’ble Minister of Housing & Urban Affairs, India, Minister of Power, Government of India. 

The opening day saw amazing enthusiasm among both exhibitors and visitors. It was witness to many impactful discussions among stakeholders, putting India in the global textile eco-space. The highlights of The Gartex Texprocess India 2025 are ‘The Denim Show’ in association with the Denim Manufacturers Association and the featured zones of the Fabrics and Trims Show, Screen Print India (Textile) and the latest addition of LeatherX Pavilion and launch of the Textile Care Forum in association with the Drycleaners and Launderers Association of India enhance the platform by connecting the industry. The new developments add value to the already composite nature of Gartex Texprocess India. With a focus on technology and modernisation, the exhibition is a step forward towards setting global standards in textile manufacturing, denim, leather goods, laundry management and the overall fashion industry. 

Source:

Messe Frankfurt Trade Fairs India

Texprocess (c) Photo: Messe Frankfurt/Pietro Sutera
20.08.2025

Texprocess 2026 with strong registration figures

Over 200 exhibitors, including numerous new exhibitors, top brands and long-standing customers, have already registered for Texprocess 2026. The important global industry meeting place focuses on automation, digitalisation and AI from 21 to 24 April 2026. Technological innovations provide concrete answers to the current demands of industry, such as efficiency and flexibility. Exhibitors also benefit from visitors to the concurrently held Techtextil.

The current strong registration figures show: exhibitors relying on the leading trade fair to reach international markets and new customers. The focus is on technologies for increasing efficiency – driven by automation, digitalisation and AI.

Over 200 exhibitors, including numerous new exhibitors, top brands and long-standing customers, have already registered for Texprocess 2026. The important global industry meeting place focuses on automation, digitalisation and AI from 21 to 24 April 2026. Technological innovations provide concrete answers to the current demands of industry, such as efficiency and flexibility. Exhibitors also benefit from visitors to the concurrently held Techtextil.

The current strong registration figures show: exhibitors relying on the leading trade fair to reach international markets and new customers. The focus is on technologies for increasing efficiency – driven by automation, digitalisation and AI.

Top brands and new exhibitors on board
More than 200 exhibitors from 24 countries are currently registered to participate. These include Barudan (Japan), Brother Internationale Industriemaschinen (Germany), Kornit Digital Europe (Germany), Macpi (Italy), Morgan Tecnica (Italy), Sheffield Cutting Equipment (USA), Style 3D | Assyst (Germany), Veit (Germany), Vetron Typical Europe (Germany) and Zünd (Germany). 25 new exhibitors from various product groups have already registered, ranging from cutting and embroidery to printing technologies. These include Amann & Söhne (Germany), Avantex Software (USA), Coats Group (UK), Comelz (Italy), Cutting Edge Automation Machines (Italy), Hans-Joachim Schneider (Germany), Humanetics Digital Europe (Germany), Mimaki Deutschland (Germany), Pathfinder Australia, Valvan (Belgium) and many more.

Addressing challenges through new developments
Never has it been more important to be visible to the international market than it is today. The industry is facing major challenges, and companies need to explore new avenues, find business partners, drive developments forward and seize market opportunities. This is because investment restraint, tariffs, declining consumption, geopolitical developments and much more are placing the industry under massive pressure.

At Texprocess, exhibitors present solutions to meet these demands – ranging from intelligent material flow systems and robot-assisted sewing units to AI-based real-time quality control. The focus is on boosting efficiency, optimising the targeted use of resources and reducing dependence on volatile supply chains. New technologies are the key to streamlining processing operations amid limited budgets and declining consumer demand.

“Technological innovations are key to the future viability of apparel manufacturers and technical textile processors. At Texprocess 2026, exhibitors will once again set significant trends for the future, helping to strengthen their customers’ competitiveness – particularly in today’s challenging geopolitical times,” explains Elgar Straub, Managing Director, VDMA Textile Care, Fabrics and Leather Technologies.

Texprocess: Exhibitors benefit from Techtextil visitors
At Texprocess, exhibitors also reach visitors to the concurrently held Techtextil. For the first time, Performance Apparel Textiles, Textile Chemicals & Dyes, and Fibres & Yarns are located in Hall 9.0 – directly adjacent to Texprocess in Hall 8.0. This means that overlapping visitors from the apparel industry can access the offerings of both leading trade fairs more easily. At the previous edition, 72 percent of Techtextil visitors also took advantage of the offerings at Texprocess.

Texprocess brings together all technologies and services for textile processing – from design, cutting, sewing and finishing to digital printing. Visitors from a wide range of sectors use Texprocess to find the best technologies for processing their products. These include clothing, denim, functional and protective apparel, footwear, home and contract textiles, automotive components and medical products. The aim is to improve production processes and increase efficiency. In this regard, the market overview provided by Texprocess is crucial for investment decisions.

Control 5.0 makes circular knitting machines from Mayer & Cie. IOT and knitlink-ready. Mayer & Cie
Control 5.0 makes circular knitting machines from Mayer & Cie. IOT and knitlink-ready.
20.08.2025

ITMA Asia: Mayer & Cie. at the leading Asian trade fair

Mayer & Cie. will participate in ITMA Asia from October 28 to 31, 2025, which takes place in Singapore. ITMA Asia + CITME brings together the international market leaders in the industry and offers a platform for the exchange of information on the latest technologies, sustainability and digitalization. Benjamin Mayer, Managing Partner of Mayer & Cie., says: "For us, ITMA Asia is both an opportunity for customer loyalty and a door opener for new business relationships in one of the most dynamic textile regions in the world."

At its booth, the manufacturer of circular knitting machines and braiding machines will be showing a new circular knitting for jacquard fabrics – the OVJA 2.4 EC II – and will provide an overview of its digital and smart solutions. Another focus is on the machines of Mayer & Cie's "Performance Line": circular knitting machines, which are the most efficient solution in their respective classes. 

Mayer & Cie. will participate in ITMA Asia from October 28 to 31, 2025, which takes place in Singapore. ITMA Asia + CITME brings together the international market leaders in the industry and offers a platform for the exchange of information on the latest technologies, sustainability and digitalization. Benjamin Mayer, Managing Partner of Mayer & Cie., says: "For us, ITMA Asia is both an opportunity for customer loyalty and a door opener for new business relationships in one of the most dynamic textile regions in the world."

At its booth, the manufacturer of circular knitting machines and braiding machines will be showing a new circular knitting for jacquard fabrics – the OVJA 2.4 EC II – and will provide an overview of its digital and smart solutions. Another focus is on the machines of Mayer & Cie's "Performance Line": circular knitting machines, which are the most efficient solution in their respective classes. 

OVJA 2.4 EC II
"The OVJA 2.4 EC II belongs to our product group of circular knitting machines, which are engineered in Germany and manufactured in our factory in China”," says Benjamin Mayer, explaining the machine exhibit at ITMA Asia. “These machines are predominantly aimed at customers from China and Southeast Asia.” Thanks to a new system for single needle selection, the machine impresses with a significantly reduced cylinder height. In addition, fewer knitting elements are required, which significantly reduces the energy consumption of the machine. The OVJA 2.4 EC II produces fabrics for sports and leisure wear; it is also widely used in the field of home textiles, especially mattress cover fabrics – and all this at an attractive price. 

New Control 5.0 machine control system
The new Control 5.0 machine control system for circular knitting machines from Mayer & Cie. has been available since early summer 2025. It makes Mayer & Cie. circular knitting machines Internet-ready – and thus fit for the digital future of textile production. Control 5.0 is a prerequisite for knitlink, Mayer & Cie's digital platform. It is available as an upgrade kit for all machines built from 2001 onwards and is now part of every newly delivered mechanical circular knitting machine.

knithawk
knithawk is a tool for optical defect detection. It sits directly at the knitting point, where the knitted fabric is made. The camera unit, which "scans" the knitted fabric using infrared light, is quickly installed. If knithawk detects a serious or recurring error, the machine is stopped. The tool also creates an error log. 
In this way, knithawk can prevent knitting errors from continuing through many meters of knitted fabric. Thanks to knithawk, resources such as water, natural fibers, polyester and energy are not used for nothing.  knithawk is available for single jersey machines from Mayer & Cie. Customers can order it directly as part of their new machines or equip existing machines with knithawk via upgrade kit. 

120 years of Mayer & Cie. 
The year 2025 is an anniversary year for Mayer & Cie.: On July 8, 2025, the family-owned company celebrated its 120th birthday. The green MCT emblem stands for precision, durability and reliability worldwide, in the field of circular knitting machines as well as in braiding machines.

"We are proud to have taken this path – and we will continue to do so with innovative strength and reliability", says Managing Director Benjamin Mayer.
However, current conditions cast a shadow over the anniversary year. The order situation remains tense in the German textile machinery industry. In view of the various crises worldwide, a trend reversal is not yet in sight. It is difficult for Benjamin Mayer to give an outlook for the future: "We are well positioned as a company, have answers to the needs of the market and modern processes in production. But no one can predict how the world situation and with it the economic situation will develop."

Source:

Mayer & Cie 

20.08.2025

Oerlikon successfully placed CHF 350 million dual-tranche senior unsecured bonds

OC Oerlikon Corporation AG, Pfäffikon announced the successful placement of two series of senior unsecured bonds: CHF 150 million due in September 2027 and CHF 200 million due in September 2030 (together, the “Bonds”). The proceeds of the Bonds will be used for general corporate purposes, including the repayment of outstanding debt. The Bonds have attracted broad investor demand.

The coupons have been set at 1.375% per annum for the Bonds due 2027 and 2.000% per annum for the Bonds due 2030. The coupons for both tranches are payable annually on September 3 with the first coupon payable on September 3, 2026, on both tranches.

An application for the Bonds to be admitted for listing and trading on the SIX Swiss Exchange will be filed, with provisional trading expected to commence on or around September 1, 2025. Settlement date of the Bonds is expected on September 3, 2025.

Commerzbank, Bank J. Safra Sarasin, UBS Investment Bank and Zürcher Kantonalbank acted as the Joint Lead Managers and Bookrunners, and DBS Bank Ltd acted as a Co-Manager on the offering.

OC Oerlikon Corporation AG, Pfäffikon announced the successful placement of two series of senior unsecured bonds: CHF 150 million due in September 2027 and CHF 200 million due in September 2030 (together, the “Bonds”). The proceeds of the Bonds will be used for general corporate purposes, including the repayment of outstanding debt. The Bonds have attracted broad investor demand.

The coupons have been set at 1.375% per annum for the Bonds due 2027 and 2.000% per annum for the Bonds due 2030. The coupons for both tranches are payable annually on September 3 with the first coupon payable on September 3, 2026, on both tranches.

An application for the Bonds to be admitted for listing and trading on the SIX Swiss Exchange will be filed, with provisional trading expected to commence on or around September 1, 2025. Settlement date of the Bonds is expected on September 3, 2025.

Commerzbank, Bank J. Safra Sarasin, UBS Investment Bank and Zürcher Kantonalbank acted as the Joint Lead Managers and Bookrunners, and DBS Bank Ltd acted as a Co-Manager on the offering.

Source:

OC Oerlikon Corporation AG

19.08.2025

Loop Industries launches traceable circular polyester resin made entirely from textile waste

  • A branded, circular polyester resin made entirely from textile waste and completely traceable from feedstock to final product.
  • Virgin-quality resin for high-performance applications including fashion, sportswear, and home textiles.
  • Low environmental footprint with significant reduction of CO₂ emissions.

Loop Industries, Inc. a clean technology company accelerating circularity in plastic and fiber markets, announced the launch of Twist™, a branded circular polyester resin made entirely from textile waste. Loop is currently advancing its discussions with apparel brands for offtake from its planned India JV and will supply Twist™ as its branded product offering. Originally developed as Loop’s fiber-grade PET resin, the product has now been rebranded to reflect its role in helping the textile industry transition from linear to circular systems, shifting away from virgin materials and from bottle-to-textile recycling, to give global brands a high-performance solution that embodies both sustainability and next-gen material innovation.

  • A branded, circular polyester resin made entirely from textile waste and completely traceable from feedstock to final product.
  • Virgin-quality resin for high-performance applications including fashion, sportswear, and home textiles.
  • Low environmental footprint with significant reduction of CO₂ emissions.

Loop Industries, Inc. a clean technology company accelerating circularity in plastic and fiber markets, announced the launch of Twist™, a branded circular polyester resin made entirely from textile waste. Loop is currently advancing its discussions with apparel brands for offtake from its planned India JV and will supply Twist™ as its branded product offering. Originally developed as Loop’s fiber-grade PET resin, the product has now been rebranded to reflect its role in helping the textile industry transition from linear to circular systems, shifting away from virgin materials and from bottle-to-textile recycling, to give global brands a high-performance solution that embodies both sustainability and next-gen material innovation.

Utilizing Loop’s globally patented depolymerization technology, Twist™ is produced by breaking down polyester textile waste into its base monomers, DMT and MEG, which are then purified back to their initial purity, before being polymerized into Twist™ resin. This process removes all dyes, colorants, contaminants, and blends, delivering a resin that is chemically identical to virgin polyester. Textile-to-textile recycling allows apparel companies to mitigate the increasing environment impact of textile waste.  

Twist™ achieves the highest purity, color and dyability consistency and increases production efficiency, making it fully compatible with existing spinning and manufacturing infrastructure. 

The production of Twist™ saves up to 418,600 tonnes of CO₂ emissions annually1 and reduces greenhouse gas (GHG) emissions by up to 81%2 when compared to fossil fuel-based resin. This has been independently validated by Franklin Associates, a division of ERG who completed an LCA study of Loop’s technology. 418,600 tonnes of CO₂ emissions are the equivalent of more than 1 billion miles driven by an average gasoline-powered passenger vehicle.

Twist™ is set to transform textile recycling as the first textile-to-textile polyester resin offering complete traceability. Embedded chemical tracers allow customers to track finished products directly back to their original waste textile inputs. This transparency meticulously verifies every step of the recycling and manufacturing process, building crucial trust in the circular economy and setting a new standard for accountability in sustainable textile production. With full traceability from waste input to finished product, Twist™ empowers brands to confidently meet growing regulatory, and consumer demands for transparency and circularity.

Twist™ will be expanded from Loop’s Terrebonne facility and produced at the Infinite Loop™ India facility, a strategically located manufacturing platform designed to serve global textile and apparel brands. The facility will provide Twist™ at competitive pricing levels. This combination of performance, price, traceability and sustainability positions Twist™ as a key material for brands seeking to lead on circularity and meet evolving sustainability targets.

Source:

Loop Industries

Tapes for high-performance applications made from recycled carbon fibers Photo DITF
Tapes for high-performance applications made from recycled carbon fibers
19.08.2025

4.2 million euros for research into textile recycling

Around the world, used textiles are still rarely recycled and pile up into huge mountains of waste. A recent study by the Boston Consulting Group (BCG) drew attention to this problem. However, the low recycling rate is also due to the fact that only a small percentage of used textiles are actually suitable for recycling into high-quality materials and for demanding applications. The German Institutes of Textile and Fiber Research Denkendorf (DITF) are addressing this problem with their research. Europe's largest textile research center has launched two research projects with a total project volume of over 4.2 million euros.

Around the world, used textiles are still rarely recycled and pile up into huge mountains of waste. A recent study by the Boston Consulting Group (BCG) drew attention to this problem. However, the low recycling rate is also due to the fact that only a small percentage of used textiles are actually suitable for recycling into high-quality materials and for demanding applications. The German Institutes of Textile and Fiber Research Denkendorf (DITF) are addressing this problem with their research. Europe's largest textile research center has launched two research projects with a total project volume of over 4.2 million euros.

To promote the recycling of high-performance fibers such as carbon and glass fibers, the DITF will establish a center for the development of high-performance fiber composite structures based on recycled high-performance fibers (HiPerReF) over the next two years. There, scientists are developing a complete process chain for the industrial-scale production of highly oriented semi-finished products from recycled carbon and glass fibers. In order to achieve maximum performance in the component, the interaction of all machines and equipment is being optimized to produce commercially available semi-finished products such as prepreg and non-porous composite plastics with a fiber volume fraction of over 45 percent.

The CYCLOTEXUM project focuses on recycling classic textile waste into high-quality yarns. The aim is to intelligently combine existing mechanical, physical, and chemical process steps so that fine, uniform yarns can be produced from secondary raw materials. The Material Flow and Cost Accounting (MFCA) developed at the DITF makes it possible to review all technological developments for economic efficiency and sustainability.

The research work of the two centers provides the national and global textile industry with effective tools and solutions for an effective textile circular economy.

Source:

Deutsche Institute für Textil- und Faserforschung Denkendorf

Contract signature at Kherib familly’s facility in Bejaia, Algeria. From left to right: Caterina Potenza (Sales Agent), Farid Kherib (Founder of SNC Kherib), Nicolas Canas (ANDRITZ Area Sales Manager), Smail Kherib (General Manager of SNC Kherib), Arnaud Laroche (ANDRITZ Head of Sales Spunlace) Photo Andritz AG
Contract signature at Kherib familly’s facility in Bejaia, Algeria. From left to right: Caterina Potenza (Sales Agent), Farid Kherib (Founder of SNC Kherib), Nicolas Canas (ANDRITZ Area Sales Manager), Smail Kherib (General Manager of SNC Kherib), Arnaud Laroche (ANDRITZ Head of Sales Spunlace)
19.08.2025

First Spunlace line from ANDRITZ in the African market

SNC Kherib et Cie. has awarded ANDRITZ an order to supply a complete spunlace line for its plant located in Bejaia City, Algeria. The start-up is scheduled for the end of Q3 2026.

This will be the very first ANDRITZ spunlace line installed on the African continent. The line will process both viscose and polyester fibers, enabling SNC Kherib to produce high-quality spunlace roll goods for the wet wipes markets to meet the growing needs of African consumers. This project marks a significant step in the development of the spunlace industry in Africa and opens the door to new opportunities for local converters.

The project is a family investment, with each member of the Kherib family actively involved. As a pioneer in the African market, SNC Kherib is leading the way in introducing advanced spunlace technology to the region.

Farid Kherib, founder of SNC Kherib, states: “We are proud to collaborate with a global leader like ANDRITZ. This partnership highlights our commitment and passion for developing innovative solutions tailored to the specific needs of the African market using state-of-the-art equipment.”

SNC Kherib et Cie. has awarded ANDRITZ an order to supply a complete spunlace line for its plant located in Bejaia City, Algeria. The start-up is scheduled for the end of Q3 2026.

This will be the very first ANDRITZ spunlace line installed on the African continent. The line will process both viscose and polyester fibers, enabling SNC Kherib to produce high-quality spunlace roll goods for the wet wipes markets to meet the growing needs of African consumers. This project marks a significant step in the development of the spunlace industry in Africa and opens the door to new opportunities for local converters.

The project is a family investment, with each member of the Kherib family actively involved. As a pioneer in the African market, SNC Kherib is leading the way in introducing advanced spunlace technology to the region.

Farid Kherib, founder of SNC Kherib, states: “We are proud to collaborate with a global leader like ANDRITZ. This partnership highlights our commitment and passion for developing innovative solutions tailored to the specific needs of the African market using state-of-the-art equipment.”

The value of the order will not be disclosed. It is included in ANDRITZ’s order intake for the first quarter of 2025.

Based in the Bejaia area of Algeria, SNC Kherib is a family business dedicated to a wide range of activities including the production of nonwovens (viscose and cotton cleaning cloths, polyester wadding for mattress and pillows, etc.), PVC cling film, PP woven bags, as well as PVC doors and sandwich panels.

Source:

Andritz AG

15.08.2025

Intertextile Shanghai Home Textiles – Autumn Edition 2025 opens next week

Intertextile Shanghai Home Textiles – Autumn Edition is set to return from 20 – 22 August 2025 at the National Exhibition and Convention Center (Shanghai), once again positioning itself as Asia’s preeminent platform for the global home and contract textile industry. With nearly 900 exhibitors representing 20 countries and regions, including eight new countries, the event will span 100,000 sqm across four halls, showcasing the latest cutting-edge products, market trends, and design concepts. The fair will offer a comprehensive fringe programme that aims to inspire, inform, and connect industry professionals. Focusing on sustainability and innovation that will shape the future of home textiles, the 2025 edition promises a vibrant exchange of ideas and opportunities to forge meaningful business partnerships in an increasingly competitive landscape.

Intertextile Shanghai Home Textiles – Autumn Edition is set to return from 20 – 22 August 2025 at the National Exhibition and Convention Center (Shanghai), once again positioning itself as Asia’s preeminent platform for the global home and contract textile industry. With nearly 900 exhibitors representing 20 countries and regions, including eight new countries, the event will span 100,000 sqm across four halls, showcasing the latest cutting-edge products, market trends, and design concepts. The fair will offer a comprehensive fringe programme that aims to inspire, inform, and connect industry professionals. Focusing on sustainability and innovation that will shape the future of home textiles, the 2025 edition promises a vibrant exchange of ideas and opportunities to forge meaningful business partnerships in an increasingly competitive landscape.

To enhance sourcing efficiency and cultivate meaningful business connections, the fair will present 15+ dedicated product zones encompassing upholstery and sofa fabrics, bedding, curtains, sun protection, and more. These zones will be organised across four halls – 5.1, 5.2, 6.1, and 6.2 – with each hall spotlighting a particular category: Brand Fabrics Hall (5.1), Trendy Fabrics Hall (5.2), International Brands & Household Hall (6.1), and Furniture Fabrics Hall (6.2). Additionally, visitors will benefit from contract business services offered by exhibitors, providing access to specialised expertise and tailored solutions that can enhance their sourcing and operational efficiency.

The Editors Zone is a prominent area featuring a curated lineup of design-focused exhibitors presenting both domestic and international brands. 20 exhibitors will represent 53 high-end brands from 16 countries and regions – 23 of which are new. These brands primarily originate from Western Europe, the US, South Asia, and East Asia. Among the new exhibitors in the Editors Zone are Art Home Korea (Korea) (5.1H C18), Kaeen Sdn Bhd (Malaysia) (5.1H C08), and more. Notable names such as Beijing Ya Da (China), Rioma (Spain), and Raffinato (USA) will be present.

Home textile industry represented by global players 
This year, the fair will welcome international exhibitors from 20 countries and regions, including Australia, Belgium, China, Germany, Hong Kong, Iran, Japan, Korea, Portugal, Spain, Türkiye, the UK, and the US. Notably, eight new countries – Bulgaria, Egypt, Finland, Indonesia, Malaysia, the Netherlands, and Vietnam – are joining this diverse lineup.

On the domestic front, six major Chinese home textile pavilions – representing Haining, Huzhou, Linping Hangzhou, Shaoxing, Wujiang Suzhou, and Tongxiang – will showcase regional strengths and innovations.

To date, buyers from 63 countries and regions have pre-registered, with 19 buyer delegations (up 73% from the 2024 edition) confirmed from 23 countries including China, Japan, Malaysia, Myanmar, Thailand, Vietnam, Central Asia, Uganda, Ethiopia, Chile, Colombia, Mexico, El Salvador and more. 

Fringe programme: four new themes guiding the future of home textiles
Collectively emphasising the dynamic nature of the home textiles industry – NextGen, Palette, Connector and Go-Green – will focus on creativity and aesthetics in design, fostering collaboration through shared business strategies and market insights, showcasing innovations and advancements in textiles, and addressing sustainability trends and technological needs to align with market demands. Key highlights include:

  • Future & Textile Zone (NextGen): where participants can discover future-focused materials, and AI trends lead by Ms Anja Bisgaard Gaede, CEO of SPOTT trends & business.
  • Designer Tour and Guided Tour (Palette): Ms Camilla Rudnicki (Founder of Camilla Rudnicki Home & Interior, Denmark), offering curated walkthroughs of standout exhibits with visitor.
  • Econogy [1] Forum (Go-Green): will address the dual challenges of sustainability and technological advancement. Leading experts from China, Hong Kong, Italy, and the US will share cross-disciplinary insights and case studies, focusing on how integrated advancements in technology, design, and business models can support a more sustainable textile industry.

Additional highlights include The Home Textiles x Interior Decoration Summit (Connector), will gather thought leaders to explore the transformation of the industry and its future direction. A series of market strategy seminars will provide valuable insights into regional developments, with featured sessions from Colombia, Uzbekistan, and Vietnam. 

Furthermore, the 2026 / 27 China Home Textile Trend Area (Palette) will offer an exclusive preview of upcoming domestic design and consumer trends. Rednote: Weaving the Ideal Home, Home Textile Trend Insights (Connector), and From Cross-Boundary to Boundless: The 11th Home Furniture & Textile TOP Business Matching (Connector) will also be taking place. 

Intertextile Shanghai Home Textiles – Autumn Edition is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Home Textile Association (CHTA).

Source:

Messe Frankfurt HK, Ltd

Huafon Chemical Photo Huafon Chemical
Huafon Chemical
14.08.2025

Eastman & Huafon Chemical: Cellulose acetate yarn manufacturing facility in China

Eastman announced a formal strategic partnership with Huafon Chemical to establish a joint facility to produce cellulose acetate yarn. The facility will be dedicated to localized production and product innovation of Eastman Naia™ cellulose acetate filament yarns in China.

“China is the world’s largest textile supply chain hub and a frontier for product and technology innovation,” said Ruth Farrell, general manager of Eastman’s textiles business. “This strategic partnership will provide us with greater capacity and further enhance the innovation and product development capabilities of Naia™ yarn while enabling Eastman to fulfill its brand promise of making sustainable textiles accessible to all.”   

This collaboration demonstrates Eastman’s long-term commitment to the Chinese market and further deepens its market presence in China by enabling a more agile supply chain response to meet the market demand for high-quality, innovative and sustainable textile materials in the region.  

Eastman announced a formal strategic partnership with Huafon Chemical to establish a joint facility to produce cellulose acetate yarn. The facility will be dedicated to localized production and product innovation of Eastman Naia™ cellulose acetate filament yarns in China.

“China is the world’s largest textile supply chain hub and a frontier for product and technology innovation,” said Ruth Farrell, general manager of Eastman’s textiles business. “This strategic partnership will provide us with greater capacity and further enhance the innovation and product development capabilities of Naia™ yarn while enabling Eastman to fulfill its brand promise of making sustainable textiles accessible to all.”   

This collaboration demonstrates Eastman’s long-term commitment to the Chinese market and further deepens its market presence in China by enabling a more agile supply chain response to meet the market demand for high-quality, innovative and sustainable textile materials in the region.  

“Through cooperation with Eastman, we look forward to combining local advantages with international resources to achieve a fully localized chain — from technological innovation, product development and production to service — and jointly promoting the sustainable development of the textiles industry,” said Congdeng Yang, director of the Huafon-Eastman collaboration program.

Source:

Eastman Chemical Company

Deakin University & Samsara Eco: World-first enzyme-powered textile recycling Photo Deakin & Samsara Eco
Deakin University & Samsara Eco: World-first enzyme-powered textile recycling
14.08.2025

Deakin University & Samsara Eco: World-first enzyme-powered textile recycling

Australia’s war on waste has a powerful new ally, Deakin University’s Recycling and Clean Energy Commercialisation Hub (REACH). 

REACH has joined forces with Samsara Eco to fast-track world-first technology that could recycle plastics and textiles, previously considered unrecyclable, that would take centuries to eliminate from the environment.   

Textile waste is one of the world’s most persistent environmental issues, driven by fast fashion, high consumption and poor disposal practices. In Australia, synthetic fibres like nylon and polyester make up almost 60 per cent of the materials used in clothing, yet with less than one per cent of discarded garments recycled into new clothes, most end up in landfill or are incinerated, adding to pollution and harmful emissions. 

Samsara Eco’s AI-designed enzymes break down fossil-fuel derived materials like synthetic fibres, including nylon 6,6 and polyethylene terephthalate (PET) into their original building blocks or monomers – allowing them to be rebuilt into new products with virgin-quality performance.  

Australia’s war on waste has a powerful new ally, Deakin University’s Recycling and Clean Energy Commercialisation Hub (REACH). 

REACH has joined forces with Samsara Eco to fast-track world-first technology that could recycle plastics and textiles, previously considered unrecyclable, that would take centuries to eliminate from the environment.   

Textile waste is one of the world’s most persistent environmental issues, driven by fast fashion, high consumption and poor disposal practices. In Australia, synthetic fibres like nylon and polyester make up almost 60 per cent of the materials used in clothing, yet with less than one per cent of discarded garments recycled into new clothes, most end up in landfill or are incinerated, adding to pollution and harmful emissions. 

Samsara Eco’s AI-designed enzymes break down fossil-fuel derived materials like synthetic fibres, including nylon 6,6 and polyethylene terephthalate (PET) into their original building blocks or monomers – allowing them to be rebuilt into new products with virgin-quality performance.  

The collaboration will see Samsara Eco lean into Deakin’s advanced chemical analysis and polymer processing expertise to better understand and find recycling solutions for specific additives like dyes, finishes and coatings present in textile waste. 

‘We are laser-focused on creating true circularity and that means finding a solve for all plastics,’ said Founder and CEO at Samsara Eco Paul Riley. ‘This research supports our efforts to make this a reality. We’ve already come a long way with our enzymatic recycling technology, which can infinitely recycle PET and nylon 6,6 plastics used for clothing and other textiles, including mixed fibres and plastics. Our research collaboration with Deakin will support our efforts to recycle more waste at speed, scale and with precision.’  

Unlike mechanical recycling, which degrades the quality of materials and limits recyclability, Samsara Eco’s enzymatic depolymerisation technology is making it possible to rebuild worn or contaminated textiles into virgin-equivalent materials.  

Distinguished Professor Colin Barrow, Chair in Biotechnology at Deakin’s School of Life and Environmental Sciences said:  

‘Our research tackles a critical challenge in textile recycling – understanding how dyes, textile finishes, coatings and other chemical treatments affect the breakdown and rebuilding of synthetic fibres, including other types of polyester and nylon to repurpose into new products.  

‘We are exploring solutions by analysing these contaminants and determining their impact on textile recycling processes, to make it possible to produce high-performance recycled materials from all types of waste feedstock.’  

Associate Professor Chris Hurren from Deakin’s Institute for Frontier Materials is also collaborating on the project and said:  

‘By testing how these materials perform in real-world polymerisation and processing, we’re helping to refine the recycling pipeline and bring closed-loop textile recycling closer to commercial reality.’  

With growing global pressure on the textile industry to cut emissions and reduce waste, Associate Professor Hurren says this technology could revolutionise the sector – delivering both environmental and economic benefits.  

‘We’re working to unlock a scalable, circular future for fashion – one that reduces reliance on harmful inputs and keeps textiles out of landfill.’  

Samsara Eco has a 10-year agreement with global activewear brand lululemon to support approximately 20 per cent of its overall fibre portfolio with its recycled materials. This builds on previous collaborations between the two, launching the world’s first enzymatically recycled nylon 6,6 garment, recreating their iconic Swiftly top, and a limited-edition Packable Anorak jacket – the first retail garment made from enzymatically recycled polyester.  

With their first commercial facility set to open in Jerrabomberra later this year, Samsara Eco’s 2030 vision is to recycle half a billion clothing items and 10 billion plastic bottles annually, avoiding hundreds of thousands of tonnes of carbon emissions. 

‘We’re uniquely positioned to recycle mixed plastics and fibres,’ said Mr Riley. ‘We’re taking post-industrial and post-consumer waste to create new products and are already working with helping brands to swap virgin inputs for our low carbon, enzymatically recycled materials, which plug directly into existing supply chains. 

‘Together with Deakin’s researchers, we can find further recycling solves to keep more out of landfill and in circulation.’ 

Source:

Deakin University

Aloke Lohia, Group CEO Indorama Photo Indorama Ventures Public Company Limited
Aloke Lohia, Group CEO Indorama
14.08.2025

Indorama Ventures: Decline in first-half earnings

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a as management continues to execute its three-year IVL 2.0 transformation strategy, maintaining steadfast focus on fortifying the company against a prolonged downturn in global chemical markets. 

In 1H25, Indorama Ventures’ Adjusted EBITDA1 fell 21% on a year-on-year (YoY) basis to $606 million. Sales volumes dropped 8% YoY as scheduled maintenance at several plants and a winter freeze in the U.S temporarily disrupted operations. The first six months of the year reflected a continuation of the macro-economic pressures that have beset the industry for more than two years, including new Chinese supply and the impact of geopolitical conflicts in Europe and the Middle East on global supply chains, input costs, and consumer demand. 

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a as management continues to execute its three-year IVL 2.0 transformation strategy, maintaining steadfast focus on fortifying the company against a prolonged downturn in global chemical markets. 

In 1H25, Indorama Ventures’ Adjusted EBITDA1 fell 21% on a year-on-year (YoY) basis to $606 million. Sales volumes dropped 8% YoY as scheduled maintenance at several plants and a winter freeze in the U.S temporarily disrupted operations. The first six months of the year reflected a continuation of the macro-economic pressures that have beset the industry for more than two years, including new Chinese supply and the impact of geopolitical conflicts in Europe and the Middle East on global supply chains, input costs, and consumer demand. 

Throughout this period of profound industry change, Indorama Ventures’ management has continued to drive forward ‘self-help’ actions under IVL 2.0 to optimize operations, reduce fixed costs, and generate cash. Operating cash flow in the first half was strong at $618 million, with 111% Reported EBITDA conversion, while overall fixed costs were reduced by $51 million, net of inflation. These reflect a methodical approach to financial management and commercial excellence as well as the inherent resilience of Indorama Ventures’ unique leadership model across diverse markets. 

In the most recent quarter, operations continued to normalize after the winter freeze and planned turnarounds, which was reflected in a 2% rise QoQ in revenue in 2Q25, although the 11% drop on a year-on-year basis reflected the broader industry challenges. In 2Q25, Adjusted EBITDA climbed 20% QoQ to $330 million, led by an improvement in the company’s largest Combined PET (CPET) business, while down 11% YoY. 

Business Segments 
In 1H25, the Integrated PET portfolio benefited from the asset optimization actions taken over the past year under IVL 2.0, driving a 12% increase in Adjusted EBITDA despite persistent overcapacity in the industry. Overall, CPET segment recorded a 31% YoY decline in Adjusted EBITDA, on a 10% drop in sales volumes, amid multiple planned turnarounds, weaker integrated MEG market conditions in the U.S, and lower NDC production due to the timing of campaign. MTBE profitability normalized in 1H25 with gasoline markets more balanced than in 2024.  

Fibers segment posted a 21% YoY gain in Adjusted EBITDA, and a 3% rise in sales volumes, in 1H25, reflecting an improved business environment in Lifestyle and management’s ongoing actions to streamline operations across the segment. Indovida packaging segment was steady across the half, supported by demand in Egypt and the Philippines. Indovinya segment recorded a 6% decrease in Adjusted EBITDA, on a 3% drop in volumes, on weaker performance in its Essentials business driven by higher palm input costs. The Surfactants business was resilient at 17% margin, flat YoY. 

Mr. Aloke Lohia, Group CEO of Indorama Ventures, said, “Since we launched IVL 2.0 more than a year ago, we have consistently focused on disciplined self-help actions that are building resilience and helping us to emerge stronger and agile to pursue our growth objectives post weathering this historic downturn. One of the final pegs to hammer down is our Integrated EO/EG business in the U.S Gulf Coast. The Board would like to undertake a strategic review of this business to assess its value to our CPET segment. On the growth front, we continue to fund our Surfactants portfolio, our Packaging business, and our leadership of Recycled Polymers from internal cashflows, as well as remain focused on our deleveraging exercise for longer term financial security.” 

Mid-Year Update on IVL 2.0 
Since launching IVL 2.0 in March 2024, Indorama Ventures’ experienced management has continued to focus on bolstering resilience and repositioning the company for long-term sustainable growth. Now, more than 1 year into  the 3-year strategy (2024-2026), leaders are building a leaner, more agile, and financially disciplined enterprise through a program of footprint optimization, operational excellence, innovation, and digital acceleration. 

In the last 12 months, the company rationalized sites in Portugal, Netherlands, Australia and Canada, realizing $116 million in fixed-cost savings. It expects annualized savings of $130–150 million by 2025 and $170–190 million by 2027. Furthermore, the company expects cash proceeds of $190–200 million from the proposed sale of rationalized property from 2H25 through to 2026. 

Indorama Ventures has reorganized its four business segments with empowered, accountable leadership structures and clear mandates to deliver industry-leading performance across the cycle. A similar reorganization of Corporate functions is currently underway. The segments are already benefiting from a comprehensive digital transformation program following the successful rollout of SAP S/4HANA, which is providing the foundation for additional tools including Salesforce and Workday, and AI-driven solutions for manufacturing and maintenance. 

The company continues to maintain a strong liquidity position, with $1.8 billion as of June 2025, and a focus on financial discipline and driving sustainable free cash flow to further strengthen the balance sheet towards a longterm target of Debt/EBITDA at 3x. In the first half, Indorama Ventures raised $1.5 billion through long-term refinancing at improved spreads, which helped reduce costs and ensure liquidity through to 2027. 

As part of its renewed growth strategy to invest in high-value segments and select growth markets, in the first half the company completed the acquisition of a 24.9% equity stake in EPL. An expanded pipeline of innovative highvalue-added (HVA) products includes new offerings such as PEN polymers and PET-G, which generate better margins than traditional PET; and two leading brands in the energy extraction sector, Kemelix and Flowsolve. The Mocksville hygiene fibers facility in the U.S commenced operations during the half, benefiting from the U.S tariffs, while a strategic partnership with PolySource to distribute specialty polymers for advanced applications is broadening the company’s presence in performance materials. 

In 2Q25, Indorama Ventures—one of the world’s leading PET recyclers—marked a significant milestone in recycling 150 billion bottles since operations began in 2011. The company is accelerating its ambition to recycle 50 billion bottles a year, having recycled the last 50 billion bottles in 2.5 years.

Source:

Indorama Ventures Public Company Limited

Crimping is one of the most important and demanding steps in the staple fiber process. As such, the condition of the relevant components has an impact on product quality. Photo Oerlikon Neumag
Crimping is one of the most important and demanding steps in the staple fiber process. As such, the condition of the relevant components has an impact on product quality.
14.08.2025

Crimper repair workshop begins operations

Since the beginning of the year, Oerlikon Textile Inc. has been offering a crimper repair service, making it the company's first location worldwide to do so. The workshop in Charlotte specializes primarily in Fleissner and Neumag crimpers.

Crimping is one of the most important and demanding steps in the staple fiber process. A uniform and stable crimp is crucial for optimum product quality. This makes it even more important to keep the essential components in good condition and repair them promptly to prevent production downtime.

Since the beginning of the year, Oerlikon Textile Inc. has been offering a crimper repair service, making it the company's first location worldwide to do so. The workshop in Charlotte specializes primarily in Fleissner and Neumag crimpers.

Crimping is one of the most important and demanding steps in the staple fiber process. A uniform and stable crimp is crucial for optimum product quality. This makes it even more important to keep the essential components in good condition and repair them promptly to prevent production downtime.

Competence center established
In addition to the right equipment, this precise work also requires appropriate specialist personnel. Oerlikon Textile Inc. has built up a competent team at its Charlotte site, which offers a complete overhaul including pressure roller and chamber repairs, as well as checking the pneumatic, hydraulic, and electrical systems. Each crimper is delivered pre-set and undergoes a thorough test run. These services are, of course, also covered by a warranty. “With this new service, we can work closely with our customers and guarantee the best service with OEM standards and short response times,” says Daniel Möller-Langmaack, Team Leader Service Sales Staple Fiber at Oerlikon Neumag. “This repair center is another important step in helping our customers to be successful and profitable in their business,” adds Tilmann Seidel, Vice President and Head of Customer Services at Oerlikon Neumag.

Source:

Oerlikon Textile Inc. 

DeLin Fashion Photo DeLin
14.08.2025

INSPECTED QUALITY: New quality label for regionally produced fashion

OETI is partnering with Austrian designer Julia Deiger, founder of the sustainable label DeLin. INSPECTED QUALITY is a quality label from OETI for textile and leather businesses. Based on OETI’s 60 years of market experience and current standards, the label is supported by a transparent labelling guideline and independent verification processes.

The initiative is part of TEX-DAN, an EU-funded project led by the Salzburg University of Applied Sciences, which aims to develop innovative, market-ready concepts promoting circular economy models for small and medium-sized enterprises in the textile sector across the Danube region.

As an accredited and independent testing institute, OETI – Institute for Ecology, Technology and Innovation GmbH brings its extensive expertise to this project partnership. Together with designer Julia Deiger, OETI has developed the new INSPECTED QUALITY "Regionally Produced" label.

OETI is partnering with Austrian designer Julia Deiger, founder of the sustainable label DeLin. INSPECTED QUALITY is a quality label from OETI for textile and leather businesses. Based on OETI’s 60 years of market experience and current standards, the label is supported by a transparent labelling guideline and independent verification processes.

The initiative is part of TEX-DAN, an EU-funded project led by the Salzburg University of Applied Sciences, which aims to develop innovative, market-ready concepts promoting circular economy models for small and medium-sized enterprises in the textile sector across the Danube region.

As an accredited and independent testing institute, OETI – Institute for Ecology, Technology and Innovation GmbH brings its extensive expertise to this project partnership. Together with designer Julia Deiger, OETI has developed the new INSPECTED QUALITY "Regionally Produced" label.

This label confirms the strong regional focus and sustainable philosophy of the DeLin brand: the entire value chain is based exclusively in Austria, using only natural, durable materials. The label enhances transparency for consumers and highlights the brand’s commitment to resource-efficient textile production.

Through this project, OETI and Julia Deiger are making a valuable contribution to promoting future-oriented, locally rooted production models within the European textile industry.

A Model for Market Transformation
“The TEX-DAN project generates new, marketable ideas for advancing circular economy models across the Danube region. Our collaboration with Julia Deiger demonstrates how natural materials, short supply chains, and regional production – supported by a structured quality assurance system and visible label – can collectively drive transformation in the textile sector,” concludes Helene Melnitzky, Head of Department Ecology / OEKO-TEX® Products, at OETI, who is responsible for developing the INSPECTED QUALITY “Regionally Produced” label.

More information:
quality label OETI Austria regional
Source:

OETI - Institut fuer Oekologie, Technik und Innovation GmbH

The Shelton Vision stand-alone AI Classifier and review station Photo Stelton
The Shelton Vision stand-alone AI Classifier and review station
12.08.2025

Shelton to bring Deep Learning AI to ITMA Asia + CITME 2025

Machine learning and AI are now entering the field of textile technology and at this year’s ITMA Asia + CITME exhibition from October 28-31 in Singapore, UK-based Shelton Vision will demonstrate how these advanced new disciplines are informing its latest machine vision technology.

The company is one of a 20-strong delegation of members of the British Textile Machinery Association (BTMA) who will be present at the Singapore exhibition, showcasing advances in technologies for new high performance fibres and fabrics, as well as testing, instrumentation and control in processing.

The ability to detect and classify even the tiniest faults in both plain or fully patterned fabrics which are moving at industrial speeds is significant breakthrough. In Singapore, Shelton Vision will demonstrate its latest machine vision inspection technology which incorporates machine learning to provide a defect detection level of above 98%, and Deep Learning AI to provide up to 100% defect classification and grading accuracy.

Machine learning and AI are now entering the field of textile technology and at this year’s ITMA Asia + CITME exhibition from October 28-31 in Singapore, UK-based Shelton Vision will demonstrate how these advanced new disciplines are informing its latest machine vision technology.

The company is one of a 20-strong delegation of members of the British Textile Machinery Association (BTMA) who will be present at the Singapore exhibition, showcasing advances in technologies for new high performance fibres and fabrics, as well as testing, instrumentation and control in processing.

The ability to detect and classify even the tiniest faults in both plain or fully patterned fabrics which are moving at industrial speeds is significant breakthrough. In Singapore, Shelton Vision will demonstrate its latest machine vision inspection technology which incorporates machine learning to provide a defect detection level of above 98%, and Deep Learning AI to provide up to 100% defect classification and grading accuracy.

Third party adoption
Shelton will also demonstrate a stand-alone AI Classifier in multiple applications used within the Shelton suite of vision system components. This is can be adapted for use with existing third party inspection systems that do not have defect classification (naming) or grading functionality – eliminating subjective manual decisions in day to day operation and vastly increasing the efficiency and throughput of the album review process

Additionally Shelton will optimised cut plan capability for the Shelton AI Review station or use in the fabric production plants, based on the automated classifier and grading system output which forms a key component in the ROI of the entire system.

“At the show, we will focus on the output data from our vision systems and how this can generate benefit for the whole value chain, including brand, by providing to everyone a reliable source of fabric quality data immediately the fabric is inspected,” explains CEO Mark Shelton. “This results in reduced lead times, reduced fabric waste and increased productivity and efficiency and our patterned fabric inspection system is now already entering new markets such as outdoor upholstery and one piece woven (OPW) airbags, even as the original market of camouflage printing continues to grow.”

More information:
AI BTMA ITMA Asia + CITME
Source:

AWOL Media / BTMA

Toyota Accelerates Production Innovation with Stratasys’ 3D printing technology Photo: Toyota / Stratasys
11.08.2025

Toyota Accelerates Production Innovation with Stratasys’ 3D printing technology

Longstanding partnership with Stratasys increases worker safety, and fuels on-demand factory tooling 
Stratasys Ltd. announced that Toyota’s production engineering group is accelerating innovation on the factory floor through its strategic collaboration with Stratasys. The automaker is empowering automotive workers to seamlessly integrate advanced 3D printing technology in their manufacturing process, taking tools, fixtures and jigs from initial concept to working prototype in just one day. 

Through the more than 10-year partnership with Stratasys, Toyota engineers have access to industrial-grade 3D printers and advanced materials designed to withstand tough factory conditions. These Stratasys high-performance polymers reduce reliance on external suppliers and long lead times, giving frontline engineering teams the ability to iterate rapidly and adapt to shifting production needs in real time. 

Toyota is currently using the Stratasys F3300, F900, Origin One, F770, Neo800, H350, F370, J850, and Fortus 450mc printers to produce robust factory tooling, end-use parts, and functional prototypes throughout its North American facilities. 

Longstanding partnership with Stratasys increases worker safety, and fuels on-demand factory tooling 
Stratasys Ltd. announced that Toyota’s production engineering group is accelerating innovation on the factory floor through its strategic collaboration with Stratasys. The automaker is empowering automotive workers to seamlessly integrate advanced 3D printing technology in their manufacturing process, taking tools, fixtures and jigs from initial concept to working prototype in just one day. 

Through the more than 10-year partnership with Stratasys, Toyota engineers have access to industrial-grade 3D printers and advanced materials designed to withstand tough factory conditions. These Stratasys high-performance polymers reduce reliance on external suppliers and long lead times, giving frontline engineering teams the ability to iterate rapidly and adapt to shifting production needs in real time. 

Toyota is currently using the Stratasys F3300, F900, Origin One, F770, Neo800, H350, F370, J850, and Fortus 450mc printers to produce robust factory tooling, end-use parts, and functional prototypes throughout its North American facilities. 

By integrating Stratasys industrial 3D printing solutions across its North American operations, Toyota can transform ideas into durable, customized tools that support workflows, enhance worker safety, and withstand wear and tear. Much of this work is powered by the Toyota Add Lab, the company’s in-house additive manufacturing center that was opened in January 2023 and dedicated to accelerating R&D and factory innovation. 

“Sometimes we start with nothing more than a sketch on paper or an idea in our heads,” said Dallas Martin, Additive Manufacturing Engineer at Toyota North America. “We can model it digitally and hold a working part in our hands the very next day. That speed lets us move quickly, implement safer solutions, and continuously iterate to improve our processes.” 

The collaboration reflects Stratasys’ broader commitment to helping automotive leaders transform their manufacturing workflows with scalable, cost-effective additive solutions that drive innovation. From jigs and fixtures to ergonomic aids and complex assembly tools, additive manufacturing is helping Toyota team members solve production challenges with unprecedented speed and flexibility. 

“Additive manufacturing has transformed how our teams collaborate and innovate,” said Lisa Bednar, Group Manager, Production Engineering at Toyota North America. “Instead of sending an idea out and waiting weeks for a part, we’re building it ourselves, refining it the same day, and getting it into production faster. It’s not just about speed — it’s about giving our people the tools to think differently and act immediately.” 

Thanks in part to the Add Lab’s innovations, Toyota engineers have used 3D printing to redesign a door assembly fixture, creating a lighter, more ergonomic tool on-site in just a few days. In another case, they developed a custom window alignment jig that turned a multi-person job into a one-person task, boosting both safety and efficiency. 

“Toyota is a standout example of how leading manufacturers are leveraging additive manufacturing to deliver meaningful operational impact,” said Rich Garrity, Chief Industrial Business Officer at Stratasys. “Their teams are using our technology to move faster, adapt on the fly, and build safer, more efficient production environments. We’re proud to support a partner that’s turning bold ideas into real-world, measurable improvements on the factory floor.” 

Source:

Stratasys Ltd.