From the Sector

from to
Reset
06.11.2019

Lenzing solid in a very difficult market environment

  • Continued positive development of the specialty fiber business with a share in revenue of 49.8 percent
  • Focus on expanding specialty fiber and dissolving wood pulp capacities in line with the sCore TEN strategy
  • Growing trade conflicts put the textile value chain under pressure – standard viscose prices at a historic low
  • Investments of EUR 100 mn to achieve ambitious climate targets

The Lenzing Group continued its solid business development in the third quarter of 2019 despite a significantly more challenging market environment. The consistent implementation of the sCore TEN strategy and the focus on specialty fibers again had a positive impact. As a result, the decline in revenue and earnings in the first three quarters of 2019 due to the historically low standard viscose prices was mitigated.

 

  • Continued positive development of the specialty fiber business with a share in revenue of 49.8 percent
  • Focus on expanding specialty fiber and dissolving wood pulp capacities in line with the sCore TEN strategy
  • Growing trade conflicts put the textile value chain under pressure – standard viscose prices at a historic low
  • Investments of EUR 100 mn to achieve ambitious climate targets

The Lenzing Group continued its solid business development in the third quarter of 2019 despite a significantly more challenging market environment. The consistent implementation of the sCore TEN strategy and the focus on specialty fibers again had a positive impact. As a result, the decline in revenue and earnings in the first three quarters of 2019 due to the historically low standard viscose prices was mitigated.

 

More information:
Lenzing Gruppe Lenzing Group
Source:

Lenzing AG

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show (c) TINTEX
Co.Lab collections: C.L.A.S.S., TINTEX, Becri, Confetil, Pedrosa & Rodrigues
05.11.2019

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

The new fabrics are made from a mix of new generation fibers that enhance free movement such as REFIBRA™ by Lenzing, Q-NOVA® by Fulgar and the unique GRS certified premium stretch ROICA™ EF.  The smartcel™ powered ID sub-collection is defined by striped structures that simulate flaws on initially smooth and perfected surfaces and provides soothing, anti-inflammatory effects thanks to the inclusion of zinc oxide, provides soothing, anti-inflammatory effects. The “EGO” selection comes in rich purples, calm lilacs and feminine yellows and features natural fibers such as organic wool. The “Superego” is available in unique styles and colours, achieved thanks to Colorzen® and the Naturally Clean® finishing. Together these enhance the natural beauty of cotton and cellulosics eliminating harsh treatments and optimizing clean surfaces with vivid colors, and an exquisitely smooth hand feel. Transformed materials take such as ECOTEC® by Marchi&Fildi take the lead saving up to 77.9% in water compared with regular cottons.

COLORAU®
TINTEX’ cutting edge color technology which received the Sustainable Solution award in the May 2019 edition of Techtextil debuts in Munich. COLORAU®  was created with a Portuguese consortium constituted by premium realities and gives life to responsibly colored fabrics with antimicrobial properties, using natural dyes extracted from different types of natural plants resources that do not use salt in the production.

COLORAU® uses only compounds of natural origin such as thyme, boldo, peppermint, chestnut and gambier in the production of functional and sustainable textiles in a variety of fibers such as cotton, lyocell and wool. An eco-efficient and low temperature surface treatment improves the affinity between the textile substrate and these natural compounds. The technology features a selection of “performing” extracts for appropriate color fastness to light and washing as well as color durability and antimicrobial functionality.

CO.LAB

TINTEX is proud to announce CO.LAB, a smart and collaborative business model and a totally new supply chain developed in coordination and with the support of C.L.A.S.S.. The first sustainable and PETA-Approved collections are 100% traceable without compromising on quality and style. As co-leader and founding actor, TINTEX has invited Becri, Confetil and Pedrosa & Rodrigues, 3 leading companies, each producing specialized garment styles. The new collections are:

  1. The ECOPERFORMER by TINTEX with Confetil collection meets the values of millennials and generation Z consumers. Sustainable, multitasking, gender neutral and designed to fit contemporary urban lifestyle. The collection comprises modern soft sports garment with fully transparent innovation values. The range flexes its muscles with the best sustainable and high-performative materials for comfort, ease and style. All selected fabrics are PeTA APPROVED VEGAN. Designed to win.
  2. ‘LEGACY H20’ by TINTEX with Becri is 100% traceable and focuses on responsible water-management.
  3. ‘SENSING SMARTS’ by TINTEX with Pedrosa & Rodrigues, a next-to-skin soft and sensual range of materials enhancing wellbeing and comfort while harnessing an innovative and responsible way of using chemical products for a greener and safest future.
Source:

GB Network Marketing & Communication

Special exhibition “Textile Future by Trevira CS” presented by studio aisslinger (c) studio aisslinger
05.11.2019

Trevira at Heimtextil 2020

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

“We’re excited that our joint fair booth has proved to be so popular and that we are increasing the number of Trevira CS customers joining us for Heimtextil year on year. This means that we can once again look forward to displaying the extensive range of possibilities and applications available in Trevira CS,” said Trevira CEO Klaus Holz.

Trevira’s joint booth, which will be situated in Hall 4.2, immediately next to the Messe Frankfurt exhibition “Interior. Architecture. Hospitality”, will also feature a special showcase, “Textile Future by Trevira CS” especially for the contract market. To curate this special display, Trevira is proud to have secured a collaborative partnership with renowned Berlin design company studio aisslinger. The studio is known for its outstanding work in experimental and product design, innovative materials and architectural concepts.  As a designer, studio founder Werner Aisslinger is particularly interested in how the newest technologies and unusual materials can be integrated into product design. Besides a focus on furniture, his most recent projects include interior design concepts for hotels and workspaces.

More information:
heimtextil 2020 Trevira GmbH
Source:

Trevira GmbH

05.11.2019

SGL Carbon increases group sales; recurring EBIT on the level of the prior year

  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to i
  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to improve earnings of CFM
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: ”The structural growth drivers remain intact in our strategically relevant markets. The countermeasures to improve earnings of CFM will be implemented consistently.”

In the third quarter 2019, the business units of SGL Carbon developed very differently. While Graphite Materials & Systems (GMS) showed better than expected results, Composites – Fibers & Materials (CFM) deteriorated compared to the two previous quarters. This is attributable to the weaker development in the market segments Textile Fibers and Industrial Applications. In total, sales revenue in the first nine months 2019 grew by approximately 6 percent to reach 832 million euros. Recurring Group EBIT after nine months reached approximately 54 million euros. Adjusted for a positive one-time effect in the prior year, this was comparable to the prior year level.

In its ad-hoc notification of October 25, 2019, the company revised its guidance for recurring EBIT of CFM downwards to a negative mid to high single digit million euro amount. On the Group level the company now expects a recurring EBIT at 45 to 50 million euros. Due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications in the business unit CFM a non-cash impairment charge in the amount of approximately 75 million euros was recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler were not affected by this impairment. In addition, the impairment charge of CFM led to a valuation allowance on deferred tax assets in the amount of 7.4 million euros. Against this background, SGL Carbon now expects a net result of approximately minus 100 million euros for fiscal year 2019.

More information:
SGL Carbon
Source:

SGL Carbon

(c) Autoneum
05.11.2019

Hybrid-Acoustics PET sets new standards for sustainable noise protection

Lighter, quieter and more environmentally-friendly vehicles ‒ this is what Hybrid-Acoustics PET from Autoneum stands for. The product innovation for the engine bay is not only characterized by its lightweight construction and noise protection optimized for electric vehicles, it also convinces through sustainability: Components made of Hybrid-Acoustics PET consist entirely of PET, which is largely obtained from recycled fibers, and thus meet customer demand for environmentally-friendly mobility solutions.

With Hybrid-Acoustics PET, Autoneum has adapted its textile interior technology Hybrid-Acoustics for use in the engine compartment. The patented innovation is based on a unique fiber material that acts as an insulator and absorber at the same time. Among others, Hybrid-Acoustics PET is used to encapsulate electric motors, thereby reducing noise directly at the source and particularly attenuating high-frequency sounds of the electric drive unit. This key technology accordingly ensures optimum noise protection in the passenger cabin and greater driving comfort.

Lighter, quieter and more environmentally-friendly vehicles ‒ this is what Hybrid-Acoustics PET from Autoneum stands for. The product innovation for the engine bay is not only characterized by its lightweight construction and noise protection optimized for electric vehicles, it also convinces through sustainability: Components made of Hybrid-Acoustics PET consist entirely of PET, which is largely obtained from recycled fibers, and thus meet customer demand for environmentally-friendly mobility solutions.

With Hybrid-Acoustics PET, Autoneum has adapted its textile interior technology Hybrid-Acoustics for use in the engine compartment. The patented innovation is based on a unique fiber material that acts as an insulator and absorber at the same time. Among others, Hybrid-Acoustics PET is used to encapsulate electric motors, thereby reducing noise directly at the source and particularly attenuating high-frequency sounds of the electric drive unit. This key technology accordingly ensures optimum noise protection in the passenger cabin and greater driving comfort.

More information:
Hybrid-Acoustics PET Autoneum
Source:

Autoneum Management AG

05.11.2019

Lenzing received several prizes at the Corona awards

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

“Consumers increasingly want to understand the ingredients and suppliers of the products they buy, requesting a new level of transparency and traceability. With the introduction of blockchain technology, Lenzing is pursuing the ambitious goal of creating full transparency across the value chain, driving change in an industry where less than five percent of the top 250 apparel brands can track their garments back to the fiber origin”, Stefan Doboczky, CEO of the Lenzing Group, says. Lenzing enables its customers and partners to identify TENCEL ™ branded fibers across each production and distribution step from fiber-to-retail. The technology also allows consumers to verify the garment composition and the underlying textile supply chain at the point of sale, simply by scanning the barcode with a mobile device. As a result, Lenzing also directly supports the business with its very sustainably produced TENCEL™ lyocell fibers.

More information:
Lenzing AG
Source:

Lenzing AG

(c) Sappi Europe
04.11.2019

Sappi in partnership with Constantia Flexibles driving forward innovation for sustainable packaging solutions

With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need. These unique solutions enabled Sappi to closely collaborate with the world’s largest food and beverage company, Nestlé to support the launch of the YES! snack bar wrapped in recyclable paper. Sappi worked in partnership with Nestlé and packaging supplier, Constantia Flexibles to develop solutions suitable for recyclable paper production processes.

Susanne Oste, Vice President of Innovations and Sustainability at Sappi Europe commented: “Sappi has been working with leading consumer brand owners to develop and supply renewable paper-based packaging solutions understanding and supporting the goals of making their packaging recyclable without compromising on food protection and shelf life. One example of this is the new Sappi Guard range of products providing brand owners with a paper confectionery wrapper to meet market demand for more sustainable products.”

With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need. These unique solutions enabled Sappi to closely collaborate with the world’s largest food and beverage company, Nestlé to support the launch of the YES! snack bar wrapped in recyclable paper. Sappi worked in partnership with Nestlé and packaging supplier, Constantia Flexibles to develop solutions suitable for recyclable paper production processes.

Susanne Oste, Vice President of Innovations and Sustainability at Sappi Europe commented: “Sappi has been working with leading consumer brand owners to develop and supply renewable paper-based packaging solutions understanding and supporting the goals of making their packaging recyclable without compromising on food protection and shelf life. One example of this is the new Sappi Guard range of products providing brand owners with a paper confectionery wrapper to meet market demand for more sustainable products.”

More information:
Sappi Constantia Flexibles
Source:

RUESS PUBLIC T GMBH

(c) Saurer Technologies GmbH & Co. KG
04.11.2019

Saurer with the new CableCorder CC5 at the Tire Technology Expo 2020

Experts from the tire industry will meet again in 2020 for the annual Tire Technology Expo in Hanover, Germany. Saurer Twisting Solutions is looking forward to welcoming customers and visitors at Booth 4006 in Hall 6 from 25 to 27 February 2020 and to presenting the innovative CableCorder CC5. With a complete package of numerous innovations, the CC5 once again demonstrates its technological leadership and the associated customer benefits.

The Saurer CableCorder for the production of high-quality tire cord is a permanent fixture in the tire industry. The fifth generation of the CableCorder will appeal to customers with its numerous innovations. It provides Saurer's customers with decisive competitive advantages: they benefit from lower energy consumption, a smart spindle concept, modern quality monitoring, improved ergonomics, flexible automation solutions and the integration of the CableCorder into Senses, the Saurer mill management system.

Experts from the tire industry will meet again in 2020 for the annual Tire Technology Expo in Hanover, Germany. Saurer Twisting Solutions is looking forward to welcoming customers and visitors at Booth 4006 in Hall 6 from 25 to 27 February 2020 and to presenting the innovative CableCorder CC5. With a complete package of numerous innovations, the CC5 once again demonstrates its technological leadership and the associated customer benefits.

The Saurer CableCorder for the production of high-quality tire cord is a permanent fixture in the tire industry. The fifth generation of the CableCorder will appeal to customers with its numerous innovations. It provides Saurer's customers with decisive competitive advantages: they benefit from lower energy consumption, a smart spindle concept, modern quality monitoring, improved ergonomics, flexible automation solutions and the integration of the CableCorder into Senses, the Saurer mill management system.

More information:
Saurer Tire Technology Expo
Source:

Saurer Technologies GmbH & Co. KG

Photo: TMAS
04.11.2019

Swedish machinery companies see major opportunities at Heimtextil 2020

The decision by Messe Frankfurt, the organiser of the annual Heimtextil exhibition for home textiles, to significantly expand its focus on textile technologies in 2020, has received an extremely enthusiastic response from members of TMAS, the Swedish textile machinery manufacturers association.

“Heimtextil is already a huge show, having attracted well over three thousand visitors to Frankfurt in January this year, filling all twelve halls of the Messe Frankfurt fair grounds,” says TMAS Secretary General Therese Premler-Andersson. “The expansion of textile technologies at next January’s Heimtextil can only help further boost this international community of manufacturers and suppliers for the home textiles market at all levels, and naturally we want to be a part of it.”

The decision by Messe Frankfurt, the organiser of the annual Heimtextil exhibition for home textiles, to significantly expand its focus on textile technologies in 2020, has received an extremely enthusiastic response from members of TMAS, the Swedish textile machinery manufacturers association.

“Heimtextil is already a huge show, having attracted well over three thousand visitors to Frankfurt in January this year, filling all twelve halls of the Messe Frankfurt fair grounds,” says TMAS Secretary General Therese Premler-Andersson. “The expansion of textile technologies at next January’s Heimtextil can only help further boost this international community of manufacturers and suppliers for the home textiles market at all levels, and naturally we want to be a part of it.”

  • ACG Kinna Automatic
    At Heimtextil 2019, TMAS member ACG Kinna Automatic generated a significant buzz with live demonstrations of its new robotic pillow filling system and will provide details of how it has been further developed over 2019, with several commercial systems now in place.
  • Automatex
    Meanwhile, in the first quarter of 2020, Automatex ES, the specialist in automated cutting, sewing and folding equipment, is planning to launch another innovation in advanced manufacturing for the bedding industry.
  • IRO AB
    IRO AB has consistently introduced new milestones in the field of yarn feeding technology for weaving machines and at Heimtextil 2020 will be providing information on new introductions to its product range.
  • Eltex
    Eltex is achieving considerable success with its yarn fault detection and tension monitoring systems across a range of sectors, including the tufting of carpets and the creeling of woven materials, but at Heimtextil 2020 the focus will be on its advanced systems for the sewn products sector, including the UPG-Stitch thread break sensor, which is based on the piezoelectric principle and is suitable for all types of yarns while being insensitive to dust, dirt and humidity variations.
  • Svegea of Sweden
    Svegea of Sweden now has over 60 years of experience in exclusively designing, manufacturing and installing bespoke bias cutting, roll slitting and rewinding and inspection machines.
    The company’s complete Bias System includes a tube sewing unit a bias cutter/winder for opening up previously-formed tube material – spirally on a bias – and strip cutter.
"AGAIN" by PIAVE MAITEX with ROICA™ EF © ROICA™
"AGAIN" by PIAVE MAITEX with ROICA™ EF
30.10.2019

Performance Days: ROICA™ partners infuse eco-smart technology into high performance functional stretch fabrics

  • Performance Days: November 13th-14th 2019, Munich, Germany

Munich – ROICA™ smart innovations are The Sustainable fil rouge at Performance Days, the influential fair for innovations, trends, safety & durability and sourcing of fabrics and accessories in functional sportswear & athleisure. Leading fabrics manufacturers and nearly all the well-known sportswear and active clothing brands have chosen the company’s premium stretch fibers of the ROICA Eco-Smart™ family to create their ultimate collections combining comfort, movement and responsibility.

“We are excited to see such a brilliant response from both manufacturers and brands which have decided to use our premium stretch sustainable fibers. We are excited because it really shows that sustainability is not only a marketing hype, but more and more literally interwoven into garments.” Says Shinohe Hiroaki, ROICA™ Chief Marketing Officer based in Germany.  

  • Performance Days: November 13th-14th 2019, Munich, Germany

Munich – ROICA™ smart innovations are The Sustainable fil rouge at Performance Days, the influential fair for innovations, trends, safety & durability and sourcing of fabrics and accessories in functional sportswear & athleisure. Leading fabrics manufacturers and nearly all the well-known sportswear and active clothing brands have chosen the company’s premium stretch fibers of the ROICA Eco-Smart™ family to create their ultimate collections combining comfort, movement and responsibility.

“We are excited to see such a brilliant response from both manufacturers and brands which have decided to use our premium stretch sustainable fibers. We are excited because it really shows that sustainability is not only a marketing hype, but more and more literally interwoven into garments.” Says Shinohe Hiroaki, ROICA™ Chief Marketing Officer based in Germany.  

The company’s partners empowering their ultimate collections with ROICA™ are CIFRA S.p.A. (IT), Maglificio Ripa S.p.A. (IT), M.I.T.I. S.p.A. (IT), Payen group ESF (FR), Piave Maitex S.r.l. (IT), SITIP S.p.A. (IT), Sofileta S.A.S (FR), Sportswear Argentona S.A. (ES), TINTEX Textiles S.A. (PT) and TVB GmbH (DE).

ROICA Eco-SmartTM Family

  • “The certified and hyper-performing family features two responsibly made yarns with outstanding stretch performances that give free rein to designers’ creativity and provides the highest stretch ability while complying to the most-cutting edge sustainable standards.” adds Shinohe.
  • The GRS - Global Recycled Standard - certified ROICA™ EF is made with 58% of pre-consumer recycled content. GRS guarantees its sustainable mission with a certification by the influential Textile Exchange*, one of the most known and recognized global standards in the market.
  • The ROICA™ V550 proudly breaks down without releasing harmful substance under the testing environment according to Hohenstein Environmental Compatibility certification. Made and engineered by Asahi Kasei R&D team, and produced in ROICA™ German plant only, the yarn offers additional and relevant circular economy advantages linked to material health as proved by a Gold Level Material Health Certificate by the Cradle to Cradle Product Innovation Institute for a safe and biological end of life cycle
Source:

GB Network Marketing & Communication

29.10.2019

Rieter Investor Update 2019

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

Market Situation Remains Challenging
The demand for new machinery remained at a low level in the third quarter of 2019. The primary reasons are existing overcapacity in the spinning mills, the trade conflict between the USA and China, as well as political and economic uncertainties in other regions of importance to Rieter. Rieter's market share continues to be at the level of around 30%.

Real Estate Sale in Ingolstadt Successfully Completed
Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP of Düsseldorf (Germany) on September 13, 2019. Rieter expects a non-recurring profit contribution from this transaction on a net profit level of around EUR 60 million.

Outlook 2019
Rieter estimates significantly lower sales for the year 2019 as a whole compared to 2018, and expects a significant drop in the result from the ongoing business. EBIT and net profit are anticipated to be significantly above the levels of the previous year due to the non-recurring profit contribution from the sale of real estate in Ingolstadt (Germany). The cost-cutting measures introduced have been implemented to a great extent.

More information:
Rieter Holding Ltd.
Source:

Rieter Holding Ltd.

(c) ISKO
29.10.2019

ISKO takes part in Amazon Destination Denim

Led by the leading ingredient brand ISKO, the discussion dealt with the entire production chain, from field to shelf, highlighting current issues and the innovative solutions that are already improving the fashion industry. Among these, ISKO R-TWO™ platform and its fabrics, mixing and blending certified reused cotton and certified recycled polyester.

A four day extravaganza to reimagine the retail experience of finding the perfect pair of jeans: this was Amazon Destination Denim. It took place from October 24th to 27th at Berlin’s Kuehlhaus and it will continue on Amazon online hub, where customers can experience interactive features. ISKO was involved in this landmark online and offline fashion event, sharing the knowledge and expertise that made the company the denim ingredient brand behind people’s favorite jeans.

Led by the leading ingredient brand ISKO, the discussion dealt with the entire production chain, from field to shelf, highlighting current issues and the innovative solutions that are already improving the fashion industry. Among these, ISKO R-TWO™ platform and its fabrics, mixing and blending certified reused cotton and certified recycled polyester.

A four day extravaganza to reimagine the retail experience of finding the perfect pair of jeans: this was Amazon Destination Denim. It took place from October 24th to 27th at Berlin’s Kuehlhaus and it will continue on Amazon online hub, where customers can experience interactive features. ISKO was involved in this landmark online and offline fashion event, sharing the knowledge and expertise that made the company the denim ingredient brand behind people’s favorite jeans.

Gilberto Calzolari (c) Gilberto Calzolari
Gilberto Calzolari
28.10.2019

Premium Brands choosing Responsible Innovation

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations.

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations.

  • Gilberto Calzolari: A luxury prêt-à-porter brand Made in Italy with a responsible soul, whose style is represented by the demi-couture dress: fresh, glamorous and romantic
  • Closed: the German brand, founded in1978, focuses on great designs, small details and pure quality to create understated and advanced denim looks totally handmade in Italy.
  • Martin Greenfield: Within the premium brand adoptions of Bemberg™, Martin Greenfield shines as one of the world's most renowned tailor company.
  • My.Suit: Since My.Suit was founded in 2008 in NYC, their philosophy has been simple: provide their clients with a better way to buy a suit.
  • un-sanctioned™: An innovation-driven performance running apparel brand newly launched in September, 2019; founded on the belief that it’s time for running to give back to the environment all runners take so much joy from.
28.10.2019

APPOINTMENT OF A NEW PRESIDENT OF CTT GROUP

Mr. Robert Bélanger, President of the Board of Directors of the CTT Group and President of Belt-Tech Products inc., is pleased to announce the appointment of Mr. Olivier Vermeersch as President/Chief Executive Officer of the CTT Group, one of the Collegial Center for Technology Transfer (CCTT) of the Cégep of Saint-Hyacinthe. Mr. Vermeersch succeeds Mr. Jacek Mlynarek from today. Mr. Mlynarek will remain associated to the CTT Group as an Ambassador and Strategic Advisor and - Research and Development, Partnership and Innovation.

The CTT Group Board of Directors and the entire team would like to thank Mr. Mlynarek for the energy and dedication he has devoted over the last 26 years to the development of the CTT Group, which is now recognized as one of the most important Collegial Center for Technology Transfer in Quebec and Canada. In 2009, Mr. Mlynarek received the Innovation System Builder Award from the Quebec Association for the Development of Research and Innovation.

Mr. Robert Bélanger, President of the Board of Directors of the CTT Group and President of Belt-Tech Products inc., is pleased to announce the appointment of Mr. Olivier Vermeersch as President/Chief Executive Officer of the CTT Group, one of the Collegial Center for Technology Transfer (CCTT) of the Cégep of Saint-Hyacinthe. Mr. Vermeersch succeeds Mr. Jacek Mlynarek from today. Mr. Mlynarek will remain associated to the CTT Group as an Ambassador and Strategic Advisor and - Research and Development, Partnership and Innovation.

The CTT Group Board of Directors and the entire team would like to thank Mr. Mlynarek for the energy and dedication he has devoted over the last 26 years to the development of the CTT Group, which is now recognized as one of the most important Collegial Center for Technology Transfer in Quebec and Canada. In 2009, Mr. Mlynarek received the Innovation System Builder Award from the Quebec Association for the Development of Research and Innovation.

Mr. Vermeersch is in a familiar territory, since he has been working for the CTT Group from the beginning of his career in 1991. In 2014, he was promoted Vice President - Research and Development and more recently, he was appointed as Executive Vice-President. In 2014, he was awarded the prestigious Excellence Award from the “Fonds de recherche du Québec – Nature et technologies”. Mr. Vermeersch will continue to be Chairholder of the NEXTEX Industrial Chair of St-Hyacinthe College, a Canadian NSERC Level 2 Chair in Innovative Technical Textiles, which brings together many of CTT Group's customers.

More information:
CTT GROUP
Source:

CTT Group

Airborne / AMAC GmbH (c) AMAC GmbH
28.10.2019

Airborne strengthens its activities in the D-A-CH region with AMAC

As of October 1st, 2019, the Netherlands-based global market leading manufacturer of advanced automation equipment and solutions for composites, Airborne, strengthens its activities particularly in German speaking countries, the so-called D-A-CH region, comprising Germany, Austria and Switzerland with Dr. Michael Effing from AMAC. The Dutch company is looking for specialised partnerships to develop and deepen its international business opportunities in the aerospace and automotive markets.

As of October 1st, 2019, the Netherlands-based global market leading manufacturer of advanced automation equipment and solutions for composites, Airborne, strengthens its activities particularly in German speaking countries, the so-called D-A-CH region, comprising Germany, Austria and Switzerland with Dr. Michael Effing from AMAC. The Dutch company is looking for specialised partnerships to develop and deepen its international business opportunities in the aerospace and automotive markets.

Airborne’s focus is on high-end composite components, at high production rates at radically low conversion costs. Airborne is building up a suite of automated solutions for the manufacturing of composites with the aim to radically reduce costs and touch labour, minimize the footprint and use of material, and improve the time to market for their clients. The company offers i.a. solutions in automated honeycomb potting, automated kitting and automated lamination of thermosets and thermoplastics. In order to develop new business opportunities in the D-A-CH region for the end-markets aerospace and automotive, Airborne is cooperating with AMAC to accelerate the process of locating suitable partnerships.

Dr. Effing, CEO of AMAC GmbH confirms: "As a first step for the establishment of Airborne on the German market, we just signed their membership at AZL in Aachen which will help to connect with over 80 companies and latest research developments. In the framework of theirstrategy to strengthen the supply to the aircraft sector, Airborne will also exhibit at the Aircraft Interiors Expo in Hamburg from March 31st to April 2nd 2020.”

 

Bernhard Wiehl, Chief Financial Officer (CFO) (c) Autoneum Holding Ltd
28.10.2019

autoneum: Change to the Group Executive Board

The Board of Directors of Autoneum Holding Ltd appoints Bernhard Wiehl, the longstanding Head of Finance & Controlling of Business Group Europe, as Chief Financial Officer (CFO) and member of the Group Executive Board with immediate effect. The previous CFO Dr Martin Zwyssig has decided to leave Autoneum.

The Board of Directors of Autoneum Holding Ltd appoints Bernhard Wiehl, the longstanding Head of Finance & Controlling of Business Group Europe, as Chief Financial Officer (CFO) and member of the Group Executive Board with immediate effect. The previous CFO Dr Martin Zwyssig has decided to leave Autoneum.

Bernhard Wiehl has been responsible for Finance & Controlling at Business Group Europe since 2013. Also thanks to his financial leadership, this Business Group with its numerous legal units has become highly profitable in recent years. Prior to joining Autoneum, he held senior finance and controlling positions with various automotive suppliers and has therefore extensive experience in the financial management of internationally active suppliers. Additionally, he is very familiar with the challenges of the automotive industry in a global environment. From 2007 to 2013, he was Head of Finance & Controlling and member of the Executive Board of the Lighting and Electronics division at the German automotive supplier Hella and from 2004 to 2007, among other things, in charge of controlling of the Europedivision of the supplier Hydraulik-Ring. Wiehl started his professional career in 1995 at TRW Automotive in Germany. He studied mechanical and industrial engineering at the Esslingen University of Applied Sciences, Germany, and holds a degree in industrial engineering (FH).

Bernhard Wiehl’s predecessor Dr Martin Zwyssig decided to leave the Company and to take up a new professional challenge. The Board of Directors and CEO Matthias Holzammer thank him for the commitment to the Company and wish him all the best for his professional and private future.

Source:

Autoneum Holding Ltd

25.10.2019

SGC Carbon SE: Update on the preliminary status of the new five-year plan;

Deterioration in market segments Textile Fibers and Industrial Applications in the business unit CFM will be counteracted with various measures; strategic growth markets remain intact

Deterioration in market segments Textile Fibers and Industrial Applications in the business unit CFM will be counteracted with various measures; strategic growth markets remain intact

  • Continued weakness in the business unit Composites – Fibers & Materials (CFM) in the final quarter of 2019 due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications leads to a guidance adjustment for the full year 2019
  • Earnings deterioration at CFM triggers an impairment testing; impairment charge will become necessary
  • Initial outlook for 2020
  • Comprehensive measures initiated to improve earnings of the CFM business unit
  • CFM strategic growth markets automotive and aerospace remain intact
  • Growth in higher-margin aerospace business to be accelerated

While the preliminary results for the first nine months 2019 remain, overall, within the scope of the full year outlook outlined in the ad-hoc notification of August 14, 2019 (preliminary 9M/2019 recurring EBIT: Group: approx. €54 million, CFM: approx. minus €2 million, GMS: approx. €71 million, Corporate: approx. minus €15 million), continued weakness is becoming apparent for the final quarter 2019 in the reporting segment Composites – Fibers & Materials (CFM). This is due to the further weakening in the market segment Textile Fibers as well as the deteriorated economic environment in the market segment Industrial Applications.

SGL Carbon therefore now expects for the full year 2019 a recurring EBIT in the reporting segment CFM in a negative mid to high single digit million € amount (previous guidance: positive mid-single digit million € amount). This results in a Group recurring EBIT for the full year 2019 in the magnitude of €45 to 50 million (previous guidance: approx. €55 million).

The earnings deterioration at CFM triggers an impairment testing. Based on the preliminary status of the new five-year plan, a non-cash impairment charge of €70 to 80 million is becoming apparent in CFM mainly due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications. This impairment charge will be recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler are not affected by this impairment.

 

 

More information:
SGL Carbon
Source:

SGL Carbon SE

25.10.2019

GENESIS:M&J at Kingpins Show Amsterdam

A selected supply chain combined with big data model to shape a controlled eco-innovative change, for Bangladesh and the entire sector. The Kingpins Show Amsterdam (23-24 October 2019) is once again the chosen setting for GENESIS:M&J Group to present its highly innovative proposals and latest advancements in the world of garment manufacturing. The strategy behind the new approach of the Group’s leading facility is based on three main pillars: an accurate supply-chain selection, unique sustainable data control with START TO MEASURE™ system improved, and the development of safer work conditions and processes.

A selected supply chain combined with big data model to shape a controlled eco-innovative change, for Bangladesh and the entire sector. The Kingpins Show Amsterdam (23-24 October 2019) is once again the chosen setting for GENESIS:M&J Group to present its highly innovative proposals and latest advancements in the world of garment manufacturing. The strategy behind the new approach of the Group’s leading facility is based on three main pillars: an accurate supply-chain selection, unique sustainable data control with START TO MEASURE™ system improved, and the development of safer work conditions and processes.

Confirming its prestigious partnerships with brands like Diesel, G-Star Raw, Jack & Jones, C&A and Celio, among many others, GENESIS brings on the stage of the world-renowned denim exhibition its vision to drive positive change in the sector. In the ever-changing denim and apparel scenario the company’s strategy aims at leading a forefront approach in major garment manufacturing, relying on high-quality standards and unprecedent technological innovation. The goal is not only to consolidate penetration in European markets, but also to provide an alternative model to fast-fashion standards.

More information:
Genesis M&J Group
Source:

menabo

25.10.2019

Huntsman Textile Effects introduces ERIOPON® E3-SAVE Dyeing Auxiliary

Eco-friendly dyeing auxiliary saves time, water and energy by enabling pre-scouring, dyeing and reduction clearing in a single-bath
Huntsman Textile Effects introduces the breakthrough ERIOPON® E3-SAVE dyeing auxiliary for the new “single-bath scour-dye-reduction clear concept” providing the shortest possible processing cycle for polyester thus saving time, water, energy and cost.

The demand for polyester and man-made fibers is booming as sports and athleisure apparel markets expand rapidly around the world. At the same time, brands, consumers and mills are increasingly focused on sustainability and performance resulting in raising demand for optimization of the costly, time consuming and resource intensive polyester dyeing process.

Developed by Huntsman Textile Effects specifically to meet these challenges, the advanced all-in-one ERIOPON® E3-SAVE dyeing auxiliary is engineered to help the mills achieve considerable savings in the water, energy and time for the intensive process of dyeing polyester and its blends by combining pre-scouring, dyeing and reduction clearing in a single bath.

Eco-friendly dyeing auxiliary saves time, water and energy by enabling pre-scouring, dyeing and reduction clearing in a single-bath
Huntsman Textile Effects introduces the breakthrough ERIOPON® E3-SAVE dyeing auxiliary for the new “single-bath scour-dye-reduction clear concept” providing the shortest possible processing cycle for polyester thus saving time, water, energy and cost.

The demand for polyester and man-made fibers is booming as sports and athleisure apparel markets expand rapidly around the world. At the same time, brands, consumers and mills are increasingly focused on sustainability and performance resulting in raising demand for optimization of the costly, time consuming and resource intensive polyester dyeing process.

Developed by Huntsman Textile Effects specifically to meet these challenges, the advanced all-in-one ERIOPON® E3-SAVE dyeing auxiliary is engineered to help the mills achieve considerable savings in the water, energy and time for the intensive process of dyeing polyester and its blends by combining pre-scouring, dyeing and reduction clearing in a single bath.

Source:

Huntsman Textile Effects:

(c) Novibra Boskovice s.r.o.
24.10.2019

Novibra at ShanghaiTex 2019

Novibra presents the latest innovations in spindle technology and energy saving measures at the forthcoming ShanghaiTex.
The energy saving spindle LENA has been designed for the highest speeds and lower energy consumption. It is the only spindle in the market with 17.5 mm wharve diameter and energy savings in the average of up to 6%.

The new generation of clamping crowns CROCOdoff and CROCOdoff Forte introduce genuine doffing without underwinding. The crowns work automatically depending on the spindle speed. The major advantages are significant reductions in maintenance costs. That is based on a lower ends down rate after doffing and minimized cleaning of the underwinding area.

Novibra’s goal is to bring beneficial and customized solutions to the customers helping them to keep their leading position in the market. Novibra is looking forward to discussing the new products that fulfil one of today’s biggest demands for energy savings and maintenance costs reduction.

Novibra presents the latest innovations in spindle technology and energy saving measures at the forthcoming ShanghaiTex.
The energy saving spindle LENA has been designed for the highest speeds and lower energy consumption. It is the only spindle in the market with 17.5 mm wharve diameter and energy savings in the average of up to 6%.

The new generation of clamping crowns CROCOdoff and CROCOdoff Forte introduce genuine doffing without underwinding. The crowns work automatically depending on the spindle speed. The major advantages are significant reductions in maintenance costs. That is based on a lower ends down rate after doffing and minimized cleaning of the underwinding area.

Novibra’s goal is to bring beneficial and customized solutions to the customers helping them to keep their leading position in the market. Novibra is looking forward to discussing the new products that fulfil one of today’s biggest demands for energy savings and maintenance costs reduction.

More information:
Novibra ShanghaiTex
Source:

Rieter Management AG