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Jason Kent, BTMA
26.08.2021

New CEO at British Textile Machinery Association (BTMA)

Jason Kent has been appointed as Chief Executive Officer of the BTMA Group, which also includes subsidiaries nw texnet and The Textile Recorder (Machinery & Accessories) Exhibitions Ltd (TREX), effective from Monday 23rd August 2021.

Jason has been a non-executive member of the BTMA board for over eight years and brings a wealth of experience with him, having spent 35 years working in the carpet tufting machinery industry.

As a time-served mechanical technician engineer, he ascended through a series of positions of greater responsibility with Cobble Blackburn until its acquisition in 2013 by the Vandewiele Group, where he undertook the role of Managing Director for the tufting machinery business.

He also studied part-time for his MBA back in 2011 and is also a Chartered Fellow of the Chartered Management Institute.

“I am very privileged to be joining the BTMA,” said Jason Kent. “I believe there are many generational changes ahead that our members must face and the BTMA needs to be ready and capable of supporting such challenges.”

Jason Kent has been appointed as Chief Executive Officer of the BTMA Group, which also includes subsidiaries nw texnet and The Textile Recorder (Machinery & Accessories) Exhibitions Ltd (TREX), effective from Monday 23rd August 2021.

Jason has been a non-executive member of the BTMA board for over eight years and brings a wealth of experience with him, having spent 35 years working in the carpet tufting machinery industry.

As a time-served mechanical technician engineer, he ascended through a series of positions of greater responsibility with Cobble Blackburn until its acquisition in 2013 by the Vandewiele Group, where he undertook the role of Managing Director for the tufting machinery business.

He also studied part-time for his MBA back in 2011 and is also a Chartered Fellow of the Chartered Management Institute.

“I am very privileged to be joining the BTMA,” said Jason Kent. “I believe there are many generational changes ahead that our members must face and the BTMA needs to be ready and capable of supporting such challenges.”

 “As I see it, we have three initial goals in providing better business outcomes for our members through active engagement in addressing industry skills deficits, ensuring we are at the forefront of the industrial digitalisation revolution, and leveraging opportunities brought about through innovation and the associated global focus on sustainability.”
Founded in 1940, the British Textile Machinery Association actively promotes British textile machinery manufacturers and their products to the world. The non-profit organisation acts as a bridge between its members and the increasingly diverse industries within the textile manufacturing sector.

More information:
BTMA
Source:

AWOL Media for BTMA

Thomas Reutter new Vice President Product Asset Management and Supply Chain (c) Borealis
05.08.2021

Borealis: Thomas Reutter new Vice President Product Asset Management and Supply Chain

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

More information:
Borealis
Source:

Borealis

(c) Schoeller Textil AG
19.07.2021

Change in leadership at Schoeller Textil AG: Kath succeeds Winkelbeiner

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

The transition comes after long-term planning. Since February 2020, and in close partnership with Siegfried Winkelbeiner, Joachim Kath (on the left) has been preparing as Schoeller COO to take over its management. Joachim Kath originally comes from Flensburg (DE) and, following his studies of Chemical Engineering in Karlsruhe, shaped his professional career in the chemical industry with Ciba (-Geigy) / BASF in Basel (CH). His career over 30 years has incorporated engineering, production and marketing & sales in diverse management functions – in a wide range of business segments for various industries and areas of application around the globe. Joachim Kath spent 12 years of his career dedicated to textile finishing, with a period of intensive travel in Asia and a 3-year stay in the USA.

Asked how he sees himself, Joachim Kath said: “The common thread running through all my assignments and business activities is process orientation, interest in new paths, and an instinct for what is feasible – with the goal of achieving customer benefits and satisfaction. Kath aims to ensure that Schoeller can continue to face the challenges of changing market requirements with outstanding and exceptional products, while evolving and innovating to stay ahead of consumer needs for the future. High performance capability, sustainable product development, premium quality, reliability, productivity, and keeping the customer as the central focus of all activities continue as essential keys to Schoeller’s continued business success.

Source:

Schoeller Textil AG

Hudson-Sharp welcomes Jason Beauleau as new Regional Sales Executive (c) Hudson-Sharp / Barry-Wehmiller
Jason Beauleau as new Regional Sales Executive
08.07.2021

Hudson-Sharp welcomes Jason Beauleau as new Regional Sales Executive

Bag-converting equipment manufacturer Hudson-Sharp—part of Paper Converting Machine Company (PCMC) and Barry-Wehmiller’s converting equipment platform—is pleased to announce that Jason Beauleau has joined the company as Regional Sales Executive.

In his new role, Beauleau will be responsible for the Midwest region, as well as for serving multiple key customers. He will be replacing longtime Sales Executive John Krebsbach after he retires on Oct. 1, 2021. Beauleau has more than 25 years of experience in the packaging and printing industry, including 20-plus years with PCMC.

Bag-converting equipment manufacturer Hudson-Sharp—part of Paper Converting Machine Company (PCMC) and Barry-Wehmiller’s converting equipment platform—is pleased to announce that Jason Beauleau has joined the company as Regional Sales Executive.

In his new role, Beauleau will be responsible for the Midwest region, as well as for serving multiple key customers. He will be replacing longtime Sales Executive John Krebsbach after he retires on Oct. 1, 2021. Beauleau has more than 25 years of experience in the packaging and printing industry, including 20-plus years with PCMC.

Doktorandin des ITFT erhält den Manfred Hirschvogel Preis (c) DITF Denkendorf
02.07.2021

Doktorandin des ITFT erhält den Manfred Hirschvogel Preis

Dr.-Ing. Larissa Born, wissenschaftliche Mitarbeiterin am Institut für Textil- und Fasertechnologien (ITFT), wurde am 02. Juli 2021 im Rahmen der Abschlussfeier der Masterabsolvent:innen der Maschinenbau-Fakultäten an der Universität Stuttgart mit dem Manfred Hirschvogel Preis 2021 ausgezeichnet. Der mit 5.000 Euro dotierte Preis wird jährlich an allen TU9-Universitäten für die beste Dissertation aus dem Bereich Maschinenbau verliehen. Die prämierte Doktorarbeit trägt den Titel „Grundlagen für die Auslegung und Gestaltung eines Hybridmaterials für außen liegende, adaptive Fassadenbauteile aus Faserverbundkunststoff“. Dr.-Ing. Marc Hirschvogel, Kuratoriumsvorsitzender der Frank Hirschvogel Stiftung, lobte bei der Preisverleihung insbesondere den innovativen Ansatz und die wissenschaftliche Tiefe der Arbeit.

Dr.-Ing. Larissa Born, wissenschaftliche Mitarbeiterin am Institut für Textil- und Fasertechnologien (ITFT), wurde am 02. Juli 2021 im Rahmen der Abschlussfeier der Masterabsolvent:innen der Maschinenbau-Fakultäten an der Universität Stuttgart mit dem Manfred Hirschvogel Preis 2021 ausgezeichnet. Der mit 5.000 Euro dotierte Preis wird jährlich an allen TU9-Universitäten für die beste Dissertation aus dem Bereich Maschinenbau verliehen. Die prämierte Doktorarbeit trägt den Titel „Grundlagen für die Auslegung und Gestaltung eines Hybridmaterials für außen liegende, adaptive Fassadenbauteile aus Faserverbundkunststoff“. Dr.-Ing. Marc Hirschvogel, Kuratoriumsvorsitzender der Frank Hirschvogel Stiftung, lobte bei der Preisverleihung insbesondere den innovativen Ansatz und die wissenschaftliche Tiefe der Arbeit.

Mit ihrer Doktorarbeit stellt Larissa Born eine grundlegende Methodik zur Entwicklung adaptiver Faserverbundkunststoffe zur Verfügung und wandte diese beispielhaft auf ein Hybridmaterial aus glasfaserverstärktem Kunststoff, Elastomer und thermoplastischem Polyurethan an. Zwischen steifen Bauteilbereichen werden lokal nachgiebige Bereiche (Gelenke) durch Anpassung des Materialaufbaus integriert. Um die adaptiven Material-eigenschaften analysieren zu können, entwickelte sie darüber hinaus ein neues Prüf-verfahren, das die Biegung eines Prüfkörpers um bis zu 180° ermöglicht. Das neuartige Hybridmaterial lässt eine Dauerbelastung von 5.000 Biegezyklen um 180° mit lediglich marginalem Festigkeitsverlust zu. Ergebnis der durchgeführten Analysen ist eine Datenbasis inklusive Regressionsmodell auf deren Grundlage sich die mechanischen Eigenschaften eines Gelenk-Bauteils einstellen lassen.

Das Hybridmaterial hat bereits in verschiedenen Demonstratoren Anwendung gefunden, die mit dem AVK Innovation Award (Flectofold) und dem Materialica Gold Award (Flexafold) ausgezeichnet wurden. „Mit ihrer Arbeit ist es Larissa Born gelungen, eine völlig neue, materialtechnische Grundlage für die Entwicklung adaptiver Faserverbundkunststoffe zu schaffen.“, lobte Prof. Dr.-Ing. Götz T. Gresser, Doktorvater und Institutsleiter des ITFT, die Arbeit anlässlich der Preisverleihung. „Die Anwendung ist nicht beschränkt auf den architek-tonischen Kontext, sondern kann ebenso auf andere Bereiche wie beispielsweise Automobil und Luftfahrt übertragen werden. So können mechanische, wartungsintensive Gelenke durch verschleißarme, nachgiebige Mechanismen ersetzt werden.“

Nach der abgeschlossenen Promotion wird Larissa Born als stellvertretende Institutsleiterin des ITFT ihre Forschungsarbeiten am Institut fortsetzen. Gemeinsam mit Prof. Gresser gilt es, das bisherige Forschungsfeld zu vertiefen und neue Forschungsthemen im Bereich Faserverbund zu eröffnen.

(c) Tom Schulze. “IQ Innovationspreis Mitteldeutschland“, overall winner (from left to right) FibreCoat GmbH from Aachen, ITA graduate Dr Robert Brüll, Deutsche Basalt Fiber GmbH from Sangerhausen, Georgi Gogoladze.
28.06.2021

Overall prize of the “IQ Innovationspreis Mitteldeutschland“ for FibreCoat GmbH and DBF Deutsche Basalt Faser GmbH

FibreCoat GmbH from Aachen, Germany, together with DBF Deutsche Basalt GmbH, developed a completely new type of fibre material to shield electromagnetic radiation from digital end devices, medical technology or e-car batteries cheaply and effectively. The joint project was awarded the overall prize of the“ IQ Innovationspreises Mitteldeutschland“ on 24 June in an online event broadcast live from Leipzig.

The prize is endowed with €15,000 and was sponsored by the Halle-Dessau, Leipzig and East Thuringia Chambers of Industry and Commerce.

FibreCoat GmbH from Aachen, Germany, together with DBF Deutsche Basalt GmbH, developed a completely new type of fibre material to shield electromagnetic radiation from digital end devices, medical technology or e-car batteries cheaply and effectively. The joint project was awarded the overall prize of the“ IQ Innovationspreises Mitteldeutschland“ on 24 June in an online event broadcast live from Leipzig.

The prize is endowed with €15,000 and was sponsored by the Halle-Dessau, Leipzig and East Thuringia Chambers of Industry and Commerce.

Electromagnetic radiation from smartphones, hospital diagnostics and electric car batteries must be shielded so that they do not inter-fere with each other. To prevent mutual interference, they have so far been covered with metal fibre fabrics, a very time- and energy-consuming and thus expensive procedure. The new material from Basalt Faser GmbH and FibreCoat GmbH prevents this with a fibre core made of melted, thinly drawn basalt, which is coated with aluminium and bundled into the so-called AluCoat yarn. This yarn remains just as conductive and shielding, but is lighter, stronger, cheaper and more sustainable than previous alternatives. In addition, there are further advantages:

  • The number of process steps required is reduced from ten to one.
  • 1,500 metres of yarn are produced per minute instead of the previous five metres.
  • The energy required is only 10 per cent of the previous amount.

The result is a price that is twenty times lower.

The textile made of AluCoat fibres is versatile and flexible: as wallpaper it can shield 5G radiation in offices or medical rooms or encase batteries and thus ensure the smooth functioning of electric cars. AluCoat is already being used in some companies. A European fibre centre in Sangerhausen is being planned for mass production.

The two innovative companies DBF Deutsche Basalt GmbH and FibreCoat GmbH from East and West combine the two materials basalt and aluminium to protect against electromagnetic radiation. In doing so, they coat basalt with aluminium and, through this novel combination, create an inexpensive, sustainable and quickly produced alter-native for a market worth billions.

FibreCoat GmbH from Aachen is a spin-off of the Institut für Textiltechnik (ITA) of RWTH Aachen University; the managing directors Dr Robert Brüll and Alexander Lüking and Richard Haas have completed their doctorates at the ITA or are in the process of preparing their doctorates. Georgi Gogoladze, Managing Director of Deutsche Basaltfaser GmbH, also studied at RWTH Aachen University. The two managing directors Brüll and Gogoladze know each other from their student days.

Source:

ITA – Institut für Textiltechnik of RWTH Aachen University

Arjen Evertse (c) Mimaki. Arjen Evertse.
28.06.2021

Mimaki: Arjen Evertse Promoted to General Manager Sales, EMEA

Mimaki, a leading manufacturer of inkjet printers and cutting systems, has announced that Arjen Evertse has been appointed as General Manager Sales, EMEA, effective 1st September 2021. After founding a business to support the adoption of Mimaki technology in Eurasia, this increased responsibility and exciting new challenge is the latest step forward in Evertse’s successful 12-year long Mimaki career.

Evertse has held a variety of roles at Mimaki, including technical operator and senior management, but most recently, he has overseen Mimaki Eurasia, a Mimaki subsidiary. He will succeed Ronald van den Broek, who has accepted a partner position at valued Mimaki customer and 3D print specialist, Marketiger.

Mimaki, a leading manufacturer of inkjet printers and cutting systems, has announced that Arjen Evertse has been appointed as General Manager Sales, EMEA, effective 1st September 2021. After founding a business to support the adoption of Mimaki technology in Eurasia, this increased responsibility and exciting new challenge is the latest step forward in Evertse’s successful 12-year long Mimaki career.

Evertse has held a variety of roles at Mimaki, including technical operator and senior management, but most recently, he has overseen Mimaki Eurasia, a Mimaki subsidiary. He will succeed Ronald van den Broek, who has accepted a partner position at valued Mimaki customer and 3D print specialist, Marketiger.

More information:
Mimaki Mimaki Europe Arjen Evertse
Source:

Mimaki

Fresh Relevance launches new customer department to support strong company growth (c) Fresh Relevance
Mike Austin CEO of Fresh Relevance
24.06.2021

Fresh Relevance launches new customer department to support strong company growth

Reorganization follows record quarter and additional investment as eCommerce continues to thrive

Fresh Relevance, the versatile personalization and decision engine, today announced the launch of a new customer department to support a growing customer base of more than 500 websites, including major brands in the UK, Nordics and US. The launch follows a record quarter and additional investment from Foresight Group to drive the company’s ambitious global growth strategy.

The new customer department brings together Fresh Relevance’s service, support, customer success and account management divisions located in Southampton (UK), London (UK) and Boston (US). The department is led by the newly appointed Vice President Customer, Huriyyah Dhanse.

Reorganization follows record quarter and additional investment as eCommerce continues to thrive

Fresh Relevance, the versatile personalization and decision engine, today announced the launch of a new customer department to support a growing customer base of more than 500 websites, including major brands in the UK, Nordics and US. The launch follows a record quarter and additional investment from Foresight Group to drive the company’s ambitious global growth strategy.

The new customer department brings together Fresh Relevance’s service, support, customer success and account management divisions located in Southampton (UK), London (UK) and Boston (US). The department is led by the newly appointed Vice President Customer, Huriyyah Dhanse.

Dhanse states: “Many organizations have experienced massive eCommerce growth during the pandemic. This has led to increased investment in omnichannel platforms such as Fresh Relevance, as companies look to sustain and gain market share by optimizing how they connect with, convert and retain customers.” Dhanse adds: “Our new customer department aligns the company’s expanding support, services, customer success and account management teams in the UK and US into a single entity, focused on helping brands achieve and exceed their commercial objectives. By bundling all customer-facing roles into one central department, we are able to provide an even more seamless customer experience and align all touchpoints in the customer lifecycle - from onboarding through to day-to-day support and strategic advice.”

Fresh Relevance boasts a 98% customer retention rate, and it is a statistic that company CEO and co-founder, Mike Austin, is proud of and committed to maintaining. “The success of Fresh Relevance is built on the quality and reliability of our platform, a clear vision for the future of online retail, but above all else the way we build long-term partnership with our customers”, states Austin.

These comments are endorsed by a 9.7 score for Quality of Support on G2, the world’s largest tech marketplace, which is accompanied by a raft of positive feedback from customers such as: “The best thing about Fresh hands down is the support, which comes from literally all avenues. The support team are quick, they really take time to explain things and help you to set anything up you need. Account management talk to you like you're the only person in the room, analyze everything you're doing in depth and help you to see what you're missing whether that be tools or strategy. Everybody goes the extra mile and follows up any open issues.”

Austin concludes: “As we scale up our global operations after a record quarter, it is vital that we keep the voice of the customer at the heart of everything we do. This is the primary aim of the new Fresh Relevance Customer Department.”

Source:

Chief PR Ltd

Lenzing supports school competition on circular economy and climate protection (c) Lenzing
VCÖ BRG SolarCity Linz Gruppenfoto
22.06.2021

Lenzing supports school competition on circular economy and climate protection

  • Excellent project to encourage ingenuity among young students
  • Experiment on biodegradability of textiles and nonwovens produces impressive results
  • EUR 30,000 in prize money for a total of 209 participating schools in and outside Austria
  • Lenzing views supporting these kinds of projects as part of its sustainability mission

Lenzing – The Association of Chemistry Teachers in Austria – known by its German abbreviation, VCÖ – has been holding project competitions that thrill students and take them beyond the traditional syllabus for 30 years. Every two years, it highlights a key topic for ninth- and tenth-graders to explore by conducting special experiments and learning from their observations and conclusions.

  • Excellent project to encourage ingenuity among young students
  • Experiment on biodegradability of textiles and nonwovens produces impressive results
  • EUR 30,000 in prize money for a total of 209 participating schools in and outside Austria
  • Lenzing views supporting these kinds of projects as part of its sustainability mission

Lenzing – The Association of Chemistry Teachers in Austria – known by its German abbreviation, VCÖ – has been holding project competitions that thrill students and take them beyond the traditional syllabus for 30 years. Every two years, it highlights a key topic for ninth- and tenth-graders to explore by conducting special experiments and learning from their observations and conclusions.

This year, the 16th installment of the competition is called, “Achieving a cleaner climate and a circular economy with chemistry”. These topics are also near and dear to the heart of globally active fiber manufacturer Lenzing. That’s why the company promptly announced that it was prepared to support this project competition in several different ways. First, Lenzing made a contribution toward the sponsorship fund totaling EUR 30,000. Second, it initiated a special prize on biodegradability – a topic of growing importance given the huge challenges involved in reducing plastic waste. Finally, Lenzing placed a recognized expert at the students’ disposal to provide assistance and answer questions: Michaela Kogler, Project Manager Nonwovens & Technical Products.

Teaming up with rainworms

Two teams were tasked with biodegrading different fibers – just like those used to produce textiles and nonwovens – with the active participation of worms. Students at BRG solarCity in Linz buried fiber nonwovens, a basic material used in wet wipes and other products, in soil that was populated with numerous rainworms, while students at Vöcklabruck Junior High School for Sports and Integration layered textiles into a vermicomposting bin. Both experiments intended to determine the extent to which certain materials would biodegrade quickly. As it turned out, both projects showed that wood-based fibers, like those that Lenzing manufactures for the textile and nonwoven industry, break down very rapidly into natural constituents that swiftly pass into the soil. In contrast, fossil-based plastics such as polyester or polyethylene cannot be decomposed by worms or bacteria but remain in the soil, sometimes for hundreds of years.

The prizes for this year’s competition were awarded on June 11. The competition attracted entries from no fewer than 209 schools, including 11 from outside Austria. For more information on the projects and the winners, visit www.vcoe.or.at.

Digital Pioneer Awards ceremony at the digitalCHURCH (c) digitalHUB Aachen e.V.; photo: Thomas Langens
Digital Pioneer Awards ceremony at the digitalCHURCH
15.06.2021

ITA Academy GmbH wins Digital Pioneer Award 2021

  • Digital Pioneer Awards ceremony at the digitalCHURCH
  • ITA Academy GmbH was honoured to receive the Digital Pioneer Award at the Digital Summit Event in Aachen on June 09, 2021.

The Digital Pioneer Award is given to companies that drive digitalisation with digital business models, processes or digital products. ITA Academy GmbH was honoured with the Digital Capability Center (DCC) Aachen and its support of companies in their digital transformation.

  • Digital Pioneer Awards ceremony at the digitalCHURCH
  • ITA Academy GmbH was honoured to receive the Digital Pioneer Award at the Digital Summit Event in Aachen on June 09, 2021.

The Digital Pioneer Award is given to companies that drive digitalisation with digital business models, processes or digital products. ITA Academy GmbH was honoured with the Digital Capability Center (DCC) Aachen and its support of companies in their digital transformation.

Using the latest didactic methods, sophisticated solution concepts and state-of-the-art technologies, the DCC Aachen supports people in keeping up with the digital future and becoming pioneers in digital transformation. In order to make innovative solutions such as AI and digital assistance systems tangible, the ITA Academy founded the Digital Capability Center (DCC) Aachen together with McKinsey & Company in 2017. The DCC is a model factory 4.0 in which digital applications are demonstrated and taught using the example of a realistic factory. The DCC thus offers a learning environment for companies in which participants are supported in building up competencies in the field of digital transformation in the form of practical work-shops.

The digital pioneers are to be publicised as best-practice examples in order to sensitize regional SMEs to the topic of digitisation. Around the award of the digital pioneers, the digitalHUB Aachen e.V. rolls out effective marketing activities. The pioneers achieve high visibility through the various planned campaigns and advertising opportunities.

04.06.2021

Election of a new EPTA Board

During its members meeting of June 2nd, 2021, the European Pultrusion Technology Association (EPTA) elected a new board. All EPTA board members who stood for re-election have been confirmed again. Dr. Elmar Witten, Secretary of the EPTA, is happy about the continuity in the line-up of the EPTA board. "We will continue the current marketing activities to promote the pultrusion process," said Witten.

Thus, the board members for the next 4 years are:
Dr. Luigi Giamundo, ATP srl., Italy (Chairman)
Alfonso Branca, TOP GLASS, Italy
Dietmar Kühne, Ernst Kühne Kunststoffwerk, Germany
Sebastian Mehrtens, Fibrolux, Germany
Eric Moussiaux, Exel Composites, Belgium
Martin Zelinka, Owens Corning, France

Pultrusion is an important and continuously growing segment in the composites industry. It is a continuous manufacturing process of linear composite profiles made of polymeric resins such as polyesters and fiber reinforcement such as glass fibers. Automated Pultrusion Production Technology facilitates today's High Quality and Low-Cost demands by the market.

During its members meeting of June 2nd, 2021, the European Pultrusion Technology Association (EPTA) elected a new board. All EPTA board members who stood for re-election have been confirmed again. Dr. Elmar Witten, Secretary of the EPTA, is happy about the continuity in the line-up of the EPTA board. "We will continue the current marketing activities to promote the pultrusion process," said Witten.

Thus, the board members for the next 4 years are:
Dr. Luigi Giamundo, ATP srl., Italy (Chairman)
Alfonso Branca, TOP GLASS, Italy
Dietmar Kühne, Ernst Kühne Kunststoffwerk, Germany
Sebastian Mehrtens, Fibrolux, Germany
Eric Moussiaux, Exel Composites, Belgium
Martin Zelinka, Owens Corning, France

Pultrusion is an important and continuously growing segment in the composites industry. It is a continuous manufacturing process of linear composite profiles made of polymeric resins such as polyesters and fiber reinforcement such as glass fibers. Automated Pultrusion Production Technology facilitates today's High Quality and Low-Cost demands by the market.

Jean Marie Canan (C) Lectra
03.06.2021

Jean Marie Canan joins Lectra's Board of Directors

Lectra’s Shareholders’ Meeting appointed Jean Marie (“John”) Canan as a new Director, for a period of four years. Jean Marie Canan becomes a member of Lectra’s Audit Committee, Compensation Committee and Strategic Committee.

A Canadian national, at 64, Jean Marie Canan is currently Lead Independent Director and Chairman of the Audit Committee of REV Group, an American company listed on the NYSE; Director and Chairman of the Audit Committee of Acasti Pharma, a Canadian company listed on the NASDAQ and Director of the Angkor Hospital for Children, a leading non-profit pediatric hospital in Cambodia.

Lectra’s Shareholders’ Meeting appointed Jean Marie (“John”) Canan as a new Director, for a period of four years. Jean Marie Canan becomes a member of Lectra’s Audit Committee, Compensation Committee and Strategic Committee.

A Canadian national, at 64, Jean Marie Canan is currently Lead Independent Director and Chairman of the Audit Committee of REV Group, an American company listed on the NYSE; Director and Chairman of the Audit Committee of Acasti Pharma, a Canadian company listed on the NASDAQ and Director of the Angkor Hospital for Children, a leading non-profit pediatric hospital in Cambodia.

Jean Marie Canan, graduated from McGill University in Montreal, Canada and is a Canadian Certified Public Accountant (CPA), began his career at PricewaterhouseCoopers (PwC) in 1978, starting in their Montreal office, and then two years in their Hong Kong office. From 1990 to 2014, he held many ever-increasing positions of responsibility at Merck & Co, Inc. (“Merck”). These included senior roles in finance, strategy development, business development and operations. He was part of a small team that led the acquisition of Schering-Plough by Merck. He also provided operational oversight for most of the Merck group’s joint ventures, including DuPont-Merck, Johnson and Johnson-Merck, Astra-Merck, and Schering-Plough-Merck. Merck’s Executive Committee selected Jean Marie as one of the five senior leaders charged with defining Merck's new strategy in 2006.

More information:
Lectra, PLM Jean Marie Canan
Source:

Lectra

31.05.2021

C.L.A.S.S: The journey of Bemberg™ by Asahi Kasei towards responsible fashion

Laying the bases for a more sustainable world, adopting responsible strategies is no longer an option but an indispensable and compulsory structural revolution today and for the future to come. This topic is the subject of the Smart Voice "The Circular Stories of C.L.A.S.S.: the journey of Bemberg™ by Asahi Kasei towards a smart, responsible and contemporary luxury" organised by C.L.A.S.S. eco hub that has taken place on Thursday 27th May at 4 pm CET. 4 unique and complimentary design realities has been sharing  the  Bemberg ™ choice as unique and precious fibre ingredient that gives rise to a performing design incorporating new generation values, for their unique paths of style and fashion to offer to the contemporary consumer.

Specialist and expert of innovative fibres, during the session Ettore Pellegrini, Marketing & Sales Manager-Marketing & Sales Manager Asahi Kasei Fibers Italia, illustrated the history of Bemberg™ starting from its origins to nowadays, reporting its various applications that have been then illustrated in their uniqueness by the speakers of the session.

Laying the bases for a more sustainable world, adopting responsible strategies is no longer an option but an indispensable and compulsory structural revolution today and for the future to come. This topic is the subject of the Smart Voice "The Circular Stories of C.L.A.S.S.: the journey of Bemberg™ by Asahi Kasei towards a smart, responsible and contemporary luxury" organised by C.L.A.S.S. eco hub that has taken place on Thursday 27th May at 4 pm CET. 4 unique and complimentary design realities has been sharing  the  Bemberg ™ choice as unique and precious fibre ingredient that gives rise to a performing design incorporating new generation values, for their unique paths of style and fashion to offer to the contemporary consumer.

Specialist and expert of innovative fibres, during the session Ettore Pellegrini, Marketing & Sales Manager-Marketing & Sales Manager Asahi Kasei Fibers Italia, illustrated the history of Bemberg™ starting from its origins to nowadays, reporting its various applications that have been then illustrated in their uniqueness by the speakers of the session.

Paolo Verdoia, Lining research and development raw materials at Ermenegildo Zegna, who has been involved in the development of accessory raw materials for the Ermenegildo Zegna Group for 14 years. During the digital meeting he talked about priority collaborations with responsible and high quality materials such as Bemberg™, the brand's approach to sustainability and future projects.

The session has also been attended by new generation designer Gilberto Calzolari winner of C.L.A.S.S. ICON 2020, who used Bemberg™ in his latest AW 2021-22 collection entitled "At this stage".

Camilla Carrara, founder and zero-waste designer Zerobarracento says "We select Bemberg™ for our creations for two fundamental reasons: firstly, from a stylistic point of view for its extreme versatility: in the various collections we have adopted it to create Kimonos, padded jackets, wrap dresses as well as for the interiors of our garments, which are intended to be soft embraces for total physical and mental comfort. The second but no less important reason is that this fibre has circular values in line with our zero-waste commitment."

“By choosing to work with Bemberg™, we have made an exclusive and sustainable choice in order to offer tailors, designers, brands and garment manufacturers who believe in and are committed to responsible but at the same time premium and exclusive fashion a new business opportunity" says Alessandro Ivaldi Director Business Unit of Carnet, a division of Ratti Group that produces and distributes worldwide fabrics for the creation of made-to-measure garments for men and women.

Source:

C.L.A.S.S.

Todd Zimmerman Joins EFI as VP and GM for Display Graphics  (c) EFI
Todd Zimmermann, Vice President and General Manager for Display Graphics
25.05.2021

Todd Zimmerman Joins EFI as VP and GM for Display Graphics

Todd Zimmerman, a long-time graphic arts executive with a strong track record of growing advanced technology initiatives in print, has joined Electronics For Imaging, Inc. as its new vice president and general manager, Display Graphics.

He comes to EFI™ from Fujifilm® USA, where he spent a decade and a half in a variety of executive roles, most recently as division president and corporate VP of Fujifilm Global Graphic Systems. Prior to joining Fujifilm, Zimmerman worked in sales with Kodak Polychrome Graphics.

Zimmerman assumes his new role at a time when many EFI customers are growing their businesses to meet recovery-fuelled, post-pandemic business needs, especially in key application areas, such as point-of-purchase graphics, tradeshow and event signage, and environmental graphics and décor. As print businesses regain their momentum, Zimmerman will lead EFI’s largest inkjet business segment, a Display Graphics business that is among the world’s largest developers of superwide-format UV LED and dye-sublimation inkjet printers and inks.

 

Todd Zimmerman, a long-time graphic arts executive with a strong track record of growing advanced technology initiatives in print, has joined Electronics For Imaging, Inc. as its new vice president and general manager, Display Graphics.

He comes to EFI™ from Fujifilm® USA, where he spent a decade and a half in a variety of executive roles, most recently as division president and corporate VP of Fujifilm Global Graphic Systems. Prior to joining Fujifilm, Zimmerman worked in sales with Kodak Polychrome Graphics.

Zimmerman assumes his new role at a time when many EFI customers are growing their businesses to meet recovery-fuelled, post-pandemic business needs, especially in key application areas, such as point-of-purchase graphics, tradeshow and event signage, and environmental graphics and décor. As print businesses regain their momentum, Zimmerman will lead EFI’s largest inkjet business segment, a Display Graphics business that is among the world’s largest developers of superwide-format UV LED and dye-sublimation inkjet printers and inks.

 

(c) vombaur
Dipl.-Ing Dirk Wachsmuth, the new Managing Director with responsibility for sales, marketing and development
21.05.2021

Dirk Wachsmuth to become CEO of vombaur GmbH & Co. KG

The management of vombaur was restructured as of 1 May 2021: Dipl.-Ing. Dirk Wachsmuth will be responsible for sales, marketing and development as the new Managing Director. The previous Managing Director Peter vom Baur will retain responsibility for vombaur after almost 30 years as a shareholder of the parent company Textation Group.

After studying machinery construction, Dirk Wachsmuth worked for many years first for a filter manufacturer, then in the plastics industry. Together with Andreas Kielholz and Christoph Schliefer, he will be heading vombaur GmbH & Co. KG from now on.

vombaur is a specialist for seamless narrow textile woven tubulars. The company has come through the crisis year 2020 on a solid footing and is positioned for the future. vombaur is currently investing an amount in the double-digit millions in a state-of-the-art headquarters that will be inaugurated in 2023.

The management of vombaur was restructured as of 1 May 2021: Dipl.-Ing. Dirk Wachsmuth will be responsible for sales, marketing and development as the new Managing Director. The previous Managing Director Peter vom Baur will retain responsibility for vombaur after almost 30 years as a shareholder of the parent company Textation Group.

After studying machinery construction, Dirk Wachsmuth worked for many years first for a filter manufacturer, then in the plastics industry. Together with Andreas Kielholz and Christoph Schliefer, he will be heading vombaur GmbH & Co. KG from now on.

vombaur is a specialist for seamless narrow textile woven tubulars. The company has come through the crisis year 2020 on a solid footing and is positioned for the future. vombaur is currently investing an amount in the double-digit millions in a state-of-the-art headquarters that will be inaugurated in 2023.

More information:
Dirk Wachsmuth vombaur
Source:

stotz-design.com

Rinco Ultrasonics AG opens subsidiary in Mexico (c) Rinco Ultrasonics AG
“The new RINCO ULTRASONICS subsidiary in Querétaro, some 200 km north west of Mexico City, is home to an application-based test laboratory. Moving forward, the subsidiary will bring the company and its products and services much closer to customers and partners alike.” Serge Patamia, CEO
19.05.2021

Rinco Ultrasonics AG opens subsidiary in Mexico

RINCO ULTRASONICS is strengthening its market presence in Central America – a significant market for the automotive supply industry – by opening its own subsidiary in Mexico.

Romanshorn, May 2021 – With the establishment of its eleventh global subsidiary and its first in Central America, RINCO ULTRASONICS is highlighting the importance of the Central American market. “The automotive supply industry is one of the strongest sectors of industry in Mexico and one of the most important markets for RINCO. Our subsidiary in Querétaro, which is located 200 km away from Mexico City, will bring us closer to customers and partners alike,” explains Serge Patamia, CEO of RINCO ULTRASONICS. “We already enjoy high levels of confidence from both customers and partners in the region, and local presence will only serve to improve this. Investing in a dedicated subsidiary underlines our commitment to the market in Central America.”

RINCO ULTRASONICS is strengthening its market presence in Central America – a significant market for the automotive supply industry – by opening its own subsidiary in Mexico.

Romanshorn, May 2021 – With the establishment of its eleventh global subsidiary and its first in Central America, RINCO ULTRASONICS is highlighting the importance of the Central American market. “The automotive supply industry is one of the strongest sectors of industry in Mexico and one of the most important markets for RINCO. Our subsidiary in Querétaro, which is located 200 km away from Mexico City, will bring us closer to customers and partners alike,” explains Serge Patamia, CEO of RINCO ULTRASONICS. “We already enjoy high levels of confidence from both customers and partners in the region, and local presence will only serve to improve this. Investing in a dedicated subsidiary underlines our commitment to the market in Central America.”

José Armando Vázquez, the newly appointed country manager for Mexico, brings both passion and specialist expertise to his role. Having grown up in the automotive industry, Vazquez knows the needs and requirements of the supplying industry and the plastics sector inside out.

In José Armando Vázquez, customers and interested parties in Mexico have a local point of contact who is bringing Swiss perfection to Querétaro in the form of RINCO ULTRASONICS MEXICO. In addition to sales, RINCO in Mexico also offers technical services such as an application-based test laboratory and various service facilities to promote the building of partnerships and the delivery of new projects.
“Our aim is to captivate users with our ultrasonic technology and offer them tangible added value so that by using solutions like our AGM Pro ultrasonic generator, for example, they can save time and user fewer materials,”, says Serge Patamia, summarising what customers in Central America can expect.

12.05.2021

Gesamtmasche erweitert das Präsidium

  • Ulrike Neubauer und Gerald Rosner einstimmig kooptiert

Die Mitgliederversammlung von Gesamtmasche hat Dr. Ulrike Neubauer, CFO und Vorstandsvorsitzende der Dr. Zwissler Holding AG (Gerstetten), und Gerald Rosner, Geschäftsführer der strickchic GmbH (Apolda), einstimmig ins Präsidium kooptiert.

Der Beschluss der Mitgliederversammlung, die bereits im April online tagte, wurde nun auch im schriftlichen Verfahren bestätigt: Das Präsidium des Gesamtverbandes der deutschen Maschenindustrie wird um zwei Mitglieder erweitert.

Dr. Ulrike Neubauer ist Vorstandsvorsitzende und Finanzvorstand der Dr. Zwissler Holding AG. Die promovierte Betriebswirtin und gebürtige Berlinerin kam nach Stationen in der Unternehmensberatung, der Chemie-, Maschinenbau und der Automobilzulieferindustrie zur Zwissler-Gruppe.

Gerald Rosner ist Geschäftsführer der strickchic GmbH. Er studierte technische Kybernetik und stieg nach der Reprivatisierung des elterlichen Traditionsbetriebes in Apolda ins Textilgeschäft ein. Neben Mode entwickelt der technikaffine Stricker smarte Textilien.

  • Ulrike Neubauer und Gerald Rosner einstimmig kooptiert

Die Mitgliederversammlung von Gesamtmasche hat Dr. Ulrike Neubauer, CFO und Vorstandsvorsitzende der Dr. Zwissler Holding AG (Gerstetten), und Gerald Rosner, Geschäftsführer der strickchic GmbH (Apolda), einstimmig ins Präsidium kooptiert.

Der Beschluss der Mitgliederversammlung, die bereits im April online tagte, wurde nun auch im schriftlichen Verfahren bestätigt: Das Präsidium des Gesamtverbandes der deutschen Maschenindustrie wird um zwei Mitglieder erweitert.

Dr. Ulrike Neubauer ist Vorstandsvorsitzende und Finanzvorstand der Dr. Zwissler Holding AG. Die promovierte Betriebswirtin und gebürtige Berlinerin kam nach Stationen in der Unternehmensberatung, der Chemie-, Maschinenbau und der Automobilzulieferindustrie zur Zwissler-Gruppe.

Gerald Rosner ist Geschäftsführer der strickchic GmbH. Er studierte technische Kybernetik und stieg nach der Reprivatisierung des elterlichen Traditionsbetriebes in Apolda ins Textilgeschäft ein. Neben Mode entwickelt der technikaffine Stricker smarte Textilien.

Gesamtmasche-Präsidentin Martina Bandte freut sich über die Unterstützung im Präsidium: „Frau Dr. Neubauer und Herrn Rosner bereichern unser Gremium hervorragend. Sie vertreten ganz unterschiedliche Bereiche der Maschenbranche und repräsentieren doch gleichermaßen textile Innovationskraft, Qualität und Wertschöpfung am Standort Deutschland.“

Céline Abecassis-Moedas (c) Lectra
Céline Abecassis-Moedas
04.05.2021

Céline Abecassis-Moedas joins Lectra’s Board of Directors

At Lectra’s Extraordinary Shareholders’ Meeting held on April 30, members voted to appoint Céline Abecassis-Moedas as a new independent director. Nominated for a period of four years, she becomes a member of the Audit Committee, the Compensation Committee and the Strategic Committee.

The appointment of Céline Abecassis-Moedas to Lectra's Board of Directors will notably strengthen the Strategic Committee, which will be called upon to examine an increasing number of investment projects in innovative companies and the continued development of our offers for Industry 4.0.

Céline Abecassis-Moedas will also draw upon her international experience as an independent director, through positions held for nearly ten years at four companies in Spain and Portugal: Europac (Papeles y Cartones de Europa) from 2012 to 2019, CTT (CTT Correios de Portugal) from 2016 to 2020, CUF since 2016, and Vista Alegre Atlantis since 2020.

At Lectra’s Extraordinary Shareholders’ Meeting held on April 30, members voted to appoint Céline Abecassis-Moedas as a new independent director. Nominated for a period of four years, she becomes a member of the Audit Committee, the Compensation Committee and the Strategic Committee.

The appointment of Céline Abecassis-Moedas to Lectra's Board of Directors will notably strengthen the Strategic Committee, which will be called upon to examine an increasing number of investment projects in innovative companies and the continued development of our offers for Industry 4.0.

Céline Abecassis-Moedas will also draw upon her international experience as an independent director, through positions held for nearly ten years at four companies in Spain and Portugal: Europac (Papeles y Cartones de Europa) from 2012 to 2019, CTT (CTT Correios de Portugal) from 2016 to 2020, CUF since 2016, and Vista Alegre Atlantis since 2020.

Céline Abecassis-Moedas, 49, is now Dean for Executive Education and Associate Professor at Católica-Lisbon. She began her career in research at France Telecom R&D, before joining Lectra in New York as an e-business product manager in 1999, then AT Kearney in London as a consultant in 2000. From 2002 to 2005, she was Lecturer in Strategy at Queen Mary University of London, then joined Católica-Lisbon University as Assistant Professor in Strategic and Innovation Management.

From 2014 to 2020, Céline Abecassis-Moedas was also Affiliate Professor at ESCP and co-scientific director of the Lectra-ESCP Chair's "Fashion and Technology".

Céline Abecassis-Moedas is a graduate of the École Normale Supérieure de Cachan, of the Université Paris Dauphine (DEA in Scientific management methods), holder of a Ph.D. in Management from the École Polytechnique and holder of the INSEAD Certificate in Corporate Governance obtained in 2017.

Source:

Lectra

Emma Scalcon wins Imagining Sustainable Fashion Award (c)Emma Scalcon
Emma Scalcon project TAKE A WALK ON THE GREEN SIDE
21.04.2021

Emma Scalcon wins Imagining Sustainable Fashion Award

  • EMMA SCALCON is the winner of the first edition of the IMAGINING SUSTAINABLE FASHION AWARD, an international competition for communication in sustainable fashion.

The award was established in October 2020 by Connecting Cultures and C.L.A.S.S. with the aim of creating new visual imagery and innovative communication models in sustainable fashion. Stylists, photographers, designers, illustrators, artists and other creatives, invited to rethink how to communicate the new generation of values of an ethical and sustainable fashion system, joined the open and international call.

The name of the winner of the IMAGINING SUSTAINABLE FASHION competition was announced during a webinar on March 30th at 4pm led by Giusy Bettoni, CEO of C.L.A.S.S. Eco Hub; Anna Detheridge, President of Connecting  Cultures; Lucy Orta, Chair, Art & the Environment, University of the Arts London; and Dio Kurazawa, Founding Partner of The Bear Scouts.

  • EMMA SCALCON is the winner of the first edition of the IMAGINING SUSTAINABLE FASHION AWARD, an international competition for communication in sustainable fashion.

The award was established in October 2020 by Connecting Cultures and C.L.A.S.S. with the aim of creating new visual imagery and innovative communication models in sustainable fashion. Stylists, photographers, designers, illustrators, artists and other creatives, invited to rethink how to communicate the new generation of values of an ethical and sustainable fashion system, joined the open and international call.

The name of the winner of the IMAGINING SUSTAINABLE FASHION competition was announced during a webinar on March 30th at 4pm led by Giusy Bettoni, CEO of C.L.A.S.S. Eco Hub; Anna Detheridge, President of Connecting  Cultures; Lucy Orta, Chair, Art & the Environment, University of the Arts London; and Dio Kurazawa, Founding Partner of The Bear Scouts.

Born in Padua, Italy, 22 years old, and a student in her second year in Textile & Fashion Design at IAAD - Istituto d'Arte Applicata e Design, Emma Scalcon won the IMAGINING SUSTAINABLE FASHION competition with her project TAKE A WALK ON THE GREEN SIDE, designing communications crafted with strong and impactful images and simple but detailed wording intended for younger consumers to inform them about sustainable fashion issues.

Scalcon ranked first among the finalists selected by a high profile jury composed of:
·   Anna Detheridge, Founder and President, Connecting Cultures
·   Giusy Bettoni, CEO and Founder, C.L.A.S.S.
·   Rita Airaghi, Director, Gianfranco Ferré Foundation
·   Paola Arosio, Head of New Brands & Sustainability Projects, Camera Nazionale della Moda Italiana (The National Chamber for Italian Fashion)
·   Jeanine Ballone, Managing Director, Fashion 4 Development
·   Evie Evangelou, Founder and President, Fashion 4 Development
·   Chiara Luisi, Sustainability Projects Coordinator, Camera Nazionale della Moda Italiana (The National Chamber for Italian Fashion)
·   Sara Kozlowski, Director of Education and Sustainable Strategies, Council of Fashion Designers of America  
·   Dio Kurazawa, Socio fondatore, The Bear Scouts
·   Renata Molho, Founding Partner, The Bear Scouts
·   Lucy Orta, Chair, Art & the Environment, University of the Arts London
·   Stefania Ricci, Director, Museo Salvatore Ferragamo

Emma Scalcon was awarded the €3,000 prize, made possible by the Main Sponsor ROICA™ by Asahi Kasei and by the other sponsors of the project: ECOSENSOR™ by Asahi Kasei - a latest generation fabric collection that promotes responsible innovation with advanced high-tech performance, C.L.A.S.S., and the Greek smart cotton SUPREME GREEN COTTON® by Varvaressos.
 
“It is time to be pioneers in communication and for this we have supported the Imagining Sustainable Fashion Award,” commented Takaaki Kondo, global marketing department manager for ROICA™ by Asahi Kasei, the Main Sponsor of the award. ROICA™ by Asahi Kasei is a high quality stretch fibre with an innovative range of intelligent functions to satisfy every modern wardrobe need for sports, underwear, and fashion. “We believe that together with responsible innovation, communication is the key to bring sustainability to the next level: to inspire, educate, inform and allow both professionals and consumers to make the right choices.”

“The competition is an opportunity to rethink how to communicate the new and different values of an ethical and sustainable fashion system,” explained Anna Detheridge. “I am quite impressed with the results of the competition — the diversity of forms that we received show both an interesting change in sensibility and a practical approach to communicating these values. There is less visual rhetoric and reliance on compelling images and more investment in basic information and a greater variety of narratives.

It is a great pleasure to see the energies from a wealth of young creatives, small businesses, and designers from all over the world with cross-disciplinary interests and a diversity of talents who are ushering in a new culture of design. My heartiest congratulations go to Emma Scalcon".

“I completely agree with Anna's comments on the quality of the work submitted by participants in the competition and together we have renewed our intention to continue IMAGINING SUSTAINABLE FASHION into 2021 with a new edition of the award,” stated Giusy Bettoni. “After this initial experience, we find ourselves even more motivated to explore some of the themes that emerged during the selection process, in particular those regarding the ethics of intellectual and cultural property, a topical issue in an industry like fashion. For this reason, we are already working together on organizing a webinar on this topic with outside specialists, including legal experts.”

 21 Grams, the group comprised of Veronica De Nigris, Serena Paone e Immacolata Esposito, won a special contest open to the public among the finalists selected by the jury, receiving the most votes from Instagram followers on C.L.A.S.S.’s corporate Instagram profile. The media partner for the initiative is Renoon, the leading search tool and data hub for sustainable fashion, a rising start-up of the year, aggregating +190 brands offering sustainable options to consumers. 

15.04.2021

Rieter Annual General Meeting 2021

Based on Article 27 of Regulation 3 on measures to combat the Corona Virus (COVID-19), the Board of Directors of Rieter Holding Ltd. decided that shareholders can exercise their voting rights exclusively by authorizing the independent proxy. Shareholders therefore could not attend the Annual General Meeting in person. The AGM was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 15, 2021, the independent proxy represented a total of 2 084 shareholders who hold 63.6% of the share capital.

The shareholders approved the proposal of the Board of Directors not to distribute a dividend in view of the negative business result. In addition, they approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2022.

Based on Article 27 of Regulation 3 on measures to combat the Corona Virus (COVID-19), the Board of Directors of Rieter Holding Ltd. decided that shareholders can exercise their voting rights exclusively by authorizing the independent proxy. Shareholders therefore could not attend the Annual General Meeting in person. The AGM was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 15, 2021, the independent proxy represented a total of 2 084 shareholders who hold 63.6% of the share capital.

The shareholders approved the proposal of the Board of Directors not to distribute a dividend in view of the negative business result. In addition, they approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2022.

The Chairman of the Board, Bernhard Jucker, and the members of the Board of Directors This E. Schneider, Hans-Peter Schwald, Peter Spuhler, Roger Baillod, Carl Illi and Luc Tack were confirmed for an additional one-year term of office. Stefaan Haspeslagh was newly elected to the Board of Directors for a one-year term of office.

Furthermore, This E. Schneider, Hans-Peter Schwald and Bernhard Jucker, the members of the Remuneration Committee who were standing for election, were also each re-elected for a one-year term of office.

Shareholders also adopted all other motions proposed by the Board of Directors, namely the approval of the annual report, the financial statements and the consolidated financial statements for 2020, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the year under review.

Outlook Updated
As already communicated at the Results Press Conference on March 9, 2021, Rieter expects the market recovery to continue in 2021. The company expects an order intake exceeding CHF 500 million in the first half of 2021. For the first half of 2021, Rieter still anticipates that sales will be below break-even point. For the full year 2021, Rieter expects an operating profit.

More information:
Rieter spinning machinery spinning
Source:

Rieter Management AG