From the Sector

Reset
518 results
(c) Bogner
17.08.2022

BEST OF BOGNER Collection Fall/Winter 2022

  • OFF TO NEW HORIZONS

BOGNER was founded on innovations and adventures. When looking back, it is to 90 years of pioneering heritage. The company celebrates the past while welcoming the future with a selection of iconic BOGNER silhouettes revived and reinterpreted.

BEST OF BOGNER Fall/Winter 2022 combines innovative craftsmanship with luxury and progress. A collection of refined looks that create a sense of loose elegance and lightness.

Luxurious materials such as Bavarian wool, high-performance stretch nylon and performance travel wool are combined with embroidery, color blocking, cable knit patterns and fringes. The result: a fashion revival with iconic, timeless silhouettes and modern, luxurious highlights.

  • OFF TO NEW HORIZONS

BOGNER was founded on innovations and adventures. When looking back, it is to 90 years of pioneering heritage. The company celebrates the past while welcoming the future with a selection of iconic BOGNER silhouettes revived and reinterpreted.

BEST OF BOGNER Fall/Winter 2022 combines innovative craftsmanship with luxury and progress. A collection of refined looks that create a sense of loose elegance and lightness.

Luxurious materials such as Bavarian wool, high-performance stretch nylon and performance travel wool are combined with embroidery, color blocking, cable knit patterns and fringes. The result: a fashion revival with iconic, timeless silhouettes and modern, luxurious highlights.

Source:

Bogner

11.08.2022

Milliken expands Yarn Production capabilities

  • Milliken purchases spinning plant from Gildan to strengthen internal yarn production

Milliken & Company, a diversified global manufacturer innovating in the textile, chemical, floor covering and healthcare industries, recently acquired one of the Frontier yarn plants in Mayodan, North Carolina, from Gildan. This plant acquisition expands Milliken’s open-end yarn production for its protective fabrics, workwear, government and defense, industrial, and napery textile business units.

The Frontier Spinning Plant #3, which will be renamed the Two Rivers Plant as a nod to its dedicated team and the community it serves, will become a spinning hub for Milliken. Multiple Milliken textile plants throughout the Southeast will source their yarn needs from the Two Rivers Plant.

“Adding this plant to the Milliken manufacturing footprint helps us meet current production needs and offers additional capacity for future growth,” says Kevin Brown, senior vice president of global operations for Milliken’s Textile Business. “The expansion helps us create a resilient supply chain that offers consistency and surety for both our product lines and customers.”

  • Milliken purchases spinning plant from Gildan to strengthen internal yarn production

Milliken & Company, a diversified global manufacturer innovating in the textile, chemical, floor covering and healthcare industries, recently acquired one of the Frontier yarn plants in Mayodan, North Carolina, from Gildan. This plant acquisition expands Milliken’s open-end yarn production for its protective fabrics, workwear, government and defense, industrial, and napery textile business units.

The Frontier Spinning Plant #3, which will be renamed the Two Rivers Plant as a nod to its dedicated team and the community it serves, will become a spinning hub for Milliken. Multiple Milliken textile plants throughout the Southeast will source their yarn needs from the Two Rivers Plant.

“Adding this plant to the Milliken manufacturing footprint helps us meet current production needs and offers additional capacity for future growth,” says Kevin Brown, senior vice president of global operations for Milliken’s Textile Business. “The expansion helps us create a resilient supply chain that offers consistency and surety for both our product lines and customers.”

More information:
Milliken acquisiton
Source:

Milliken

(c) Fraunhofer UMSICHT/Mike Henning
Prof. Christian Doetsch (l.) and Prof. Manfred Renner (r.)
09.08.2022

Fraunhofer UMSICHT: New institute directors

Prof. Manfred Renner and Prof. Christian Doetsch will take joint leadership of the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT from August 2022. As renowned scientists, they have most recently shaped the direction of the institute as heads of the Products division and Energy division respectively, and will now follow in the footsteps of Prof. Eckhard Weidner, who has entered retirement.

This is the first time in its history that Fraunhofer UMSICHT is led by two directors. Both institute directors began their professional careers at the institute and from August they will have a joint hand in its future.

Prof. Manfred Renner and Prof. Christian Doetsch will take joint leadership of the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT from August 2022. As renowned scientists, they have most recently shaped the direction of the institute as heads of the Products division and Energy division respectively, and will now follow in the footsteps of Prof. Eckhard Weidner, who has entered retirement.

This is the first time in its history that Fraunhofer UMSICHT is led by two directors. Both institute directors began their professional careers at the institute and from August they will have a joint hand in its future.

Prof. Manfred Renner holds a doctorate in mechanical engineering, specializing in process engineering and business development. Since 2006, he has held various roles at Fraunhofer UMSICHT, most recently heading up the Products division and overseeing its 126 employees and its budget of 14.8 million euros. He has set international standards through his award-winning research into a free of water tanning leather tanning process that uses compressed carbon dioxide. With the development of innovative aerogel-based insulation materials for building facades, he has made a significant contribution to environmentally friendly, circular applications in the construction industry and initiated a number of industrial projects. One of the notable technological breakthroughs made by his team was the development of a new type of fire-resistant glass, which can withstand even the most extreme heat. This won his development team the Joseph von Fraunhofer Prize in October 2020.

Alongside becoming institute director, Prof. Renner will also take over the leadership of the Fraunhofer Cluster of Excellence Circular Plastics Economy CCPE in August 2022. In this role, he will represent the Fraunhofer-Gesellschaft on a national and international level with regard to the transformation of industry and society to a circular economy. In addition, he will start his professorship in Responsible Process Engineering at the Faculty of Mechanical Engineering of the Ruhr-Universität Bochum. Over the course of his professorship, he will shape the systemic development of the circular economy at a corporate, regional and European level.

Prof. Christian Doetsch has worked in energy research for more than 25 years, spending most of this time at Fraunhofer UMSICHT. As head of the Energy division, he managed a team of around 145 employees and was responsible for a budget of approximately 10.4 million euros. His technological focal points are energy storage, Power-to-X technologies including hydrogen electrolysis and chemical conversion, catalysts, and energy system modeling and optimization. His overarching aim is the integration of renewable energies into a cross-sectoral, resilient energy system.

In 2015, Doetsch co-founded the award-winning start-up Volterion GmbH & Co. KG, which develops redox flow batteries. He attained high visibility on a global scale by redesigning stacks, one of the main components of redox flow batteries, an achievement for which he, his team and Volterion representatives were awarded the Joseph von Fraunhofer Prize in May 2021. The energy expert also acts as deputy spokesperson for the Fraunhofer Energy Alliance and task manager for the energy storage group at the International Energy Agency (IEA). He also co-founded the “Open District Hub e. V.,” an association that promotes the energy transition in the sector by means of energy systems integration.

Since January 2020, he has been Professor of Cross Energy Systems at the Faculty of Mechanical Engineering of the Ruhr-Universität Bochum. In this role, he conducts research into ecological evaluation and resilience of cross-sectoral energy systems.

Source:

Fraunhofer UMSICHT

03.08.2022

Sustainable Developments in Absorbent Hygiene & Personal Care at Hygienix™

  • INDA Announces Full Program and Opens Registration for Premier Event in New Orleans

With reusable and recyclable products and new inputs offering growth opportunities in absorbent hygiene and personal care products, Hygienix™ will provide an insightful view into the market’s future this November in New Orleans.

Industry participants from around the world and throughout the supply chain will convene and connect for the eighth edition of the premier event for the fast-growing segment on November 14-17, at The Roosevelt New Orleans Hotel.

The in-person conference will highlight the segment’s continued growth and new opportunities with presentations by more than 20 industry experts on sustainable inputs, natural fibers, product transparency, reusable menstrual products, recyclable diapers and more as well as the latest market forecasts and insights into consumer buying trends.

  • INDA Announces Full Program and Opens Registration for Premier Event in New Orleans

With reusable and recyclable products and new inputs offering growth opportunities in absorbent hygiene and personal care products, Hygienix™ will provide an insightful view into the market’s future this November in New Orleans.

Industry participants from around the world and throughout the supply chain will convene and connect for the eighth edition of the premier event for the fast-growing segment on November 14-17, at The Roosevelt New Orleans Hotel.

The in-person conference will highlight the segment’s continued growth and new opportunities with presentations by more than 20 industry experts on sustainable inputs, natural fibers, product transparency, reusable menstrual products, recyclable diapers and more as well as the latest market forecasts and insights into consumer buying trends.

Hygienix also will offer two specialized workshops, and a myriad of business connection opportunities including a welcome reception on Nov. 14 and a first-time attendee mentorship program.
Participants will discover innovative products in absorbent hygiene and personal care at tabletop exhibits with evening receptions on Nov. 15-16, providing opportunities for 60 companies to showcase their unique offerings.

Three finalists will each present their innovative and technically sophisticated disposable absorbent hygiene products as they vie for the prestigious Hygienix Innovation Award™. Nominations are open until August 29. Demonstrating the interest in sustainability, last year’s award recipient was Kudos Diaper Subscription featuring its 100% cotton disposable diaper.

Hygienix Highlights
Absorbent hygiene – the single largest nonwoven end‐use category (by square meters) – is expected to continue its strong growth over the next four years, creating market opportunities in this thriving area driven by growing consumer interest for environmentally-friendly options in material inputs and end-of-life options.

Participants will hear the latest data and forecasts from analysts during presentations by Robert Fry, Jr., Ph.D., Principal of Robert Fry Economics LLC on the Global Economy – What we Can Expect in 2023; Pricie Hanna, Managing Partner, and Colin Hanna, Director of Market Research, Price Hanna Consultants on Disposables versus Reusables; and Simon Preisler, Vice President of Logistics, Central National Gottesman delivering a Logistic Market Update.

A panel of entrepreneurs will discuss the challenges, biases and taboos to bringing innovations into the marketplace. Experts sharing their insights will be Mia Abbruzzese and Alexandra Fennell, co-founders of Grace; Amrita Saigal, founder and CEO, Kudos; and Cindy Santa Cruz, President of ParaPatch.

A session on Next-Generation Menstrual Products and their Users will feature Liying Qian, Research Analyst, Euromonitor International providing market data on disposable and reusable period products; Frantisek Riha-Scott, Founder, Confitex discussing reusable products; and Greta Meyer, Co-Founder and CEO, Sequel on Reengineering the Tampon.
Also focusing on period products will be a presentation by Danielle Keiser, Managing Director, Impact, Madami on Changing the Conversation with Consumersmoderated by Heidi Beatty, Chief Executive Officer, Crown Abbey, LLC.

Other intriguing not-to-be-missed presentations centered on sustainability trends include:

  • Assessing Sustainable Fiber Options in the Context of Disposable Hygienic Products – Richard Knowlson, Principal, RPK Consulting LLC
  • Five Generations of Hygiene + Sustainability – Matt Schiering, Professor of Marketing, Dominican University
  • Recycling Approaches for Disposable Diaper Waste – Jeannine Cardin, Quality and R&D, RecycPHP Inc.

Hygienix will provide additional focused learning opportunities with two essential short courses (with separation registration fees) on Nov. 14 focused on Absorption Systems for Absorbent Hygiene Products, from 1 to 3:30 p.m. and Global Diaper Trends from 3:45 to 6 p.m.

More information:
Hygienix INDA
Source:

INDA

IVL
03.08.2022

Winners of the RECO Sustainable Young Designer Competition

Indorama Ventures Public Company Limited (IVL) named the winners of ‘RECO Young Designer Competition’, Thailand's largest upcycling fashion design event, parading haute couture garments containing at least 60% recycled materials.

Eleven finalists showcased 33 handmade sustainable outfits at the 9th edition of the fashion show at IVL’s headquarters in Bangkok, using recycled PET and polyester items to craft creative fashions. Under the concept of ‘REVIVE: Start from the Street,’ RECO supports young Thai designers while raising awareness of recycling. The designs use a range of recycled materials including recycled PET yarns, discarded fabric from factories, and even repurposed safety belts.

Indorama Ventures Public Company Limited (IVL) named the winners of ‘RECO Young Designer Competition’, Thailand's largest upcycling fashion design event, parading haute couture garments containing at least 60% recycled materials.

Eleven finalists showcased 33 handmade sustainable outfits at the 9th edition of the fashion show at IVL’s headquarters in Bangkok, using recycled PET and polyester items to craft creative fashions. Under the concept of ‘REVIVE: Start from the Street,’ RECO supports young Thai designers while raising awareness of recycling. The designs use a range of recycled materials including recycled PET yarns, discarded fabric from factories, and even repurposed safety belts.

RECO awarded finalists and winners with 500,000 baht in prizes to support their careers. First prize of 125,000 baht was awarded to 23-year-old emerging furniture designer Prem Buachum for his ‘The Origin of Rebirth’ collection, using fabric recycled from post-consumer PET bottles. The first runner-up, Sathitkhun Boonmee, was awarded 75,000 baht for his ‘Remembering Your Favorite Teddy Bear’ collection, using old dolls made of polyester fibers. Second runners-up, Worameth Monthanom and Tanakorn Sritong, received 50,000 baht for their ‘Regeneration of Nature (into Spring)’ collection, using unused fabrics and discarded PET film. Napat Tansuwan, a finalist with his’ Don’t Judge’ collection, will go on to create designer merchandise for sponsor Buriram United Football Club using local weaving techniques from communities in Buriram province.

Mrs. Aradhana Lohia Sharma, Vice President at Indorama Ventures and RECO Young Designer Competition Chairperson, said, “Since 2011, RECO's ambition has been to uplift recycling and inspire people to realize the value of recyclable materials to produce great new products for daily life. We have witnessed many thoughtful initiatives on upcycling through the collections created by our talented young Thai designers. The designs this year showcase stunning wearability and innovation while using a large percentage of recycle materials. Public interest in recycling has been growing immensely, and we are grateful to strengthen the relationship with partners like Buriram United Football Club.”

“Indorama Ventures hopes this competition will be a driving force in nurturing sustainable fashion concepts and increasing the acceptance of recycled materials, especially post-consumer PET. We are proud to be a stepping-stone for our youth's design journey and our community’s sustainable future.”

Source:

IVL

27.07.2022

Autoneum: Half Year Results 2022

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Current geopolitical developments substantially affected business performance in the first half of 2022. They are accompanied by accelerating inflation and significant price increases in the commodities markets, which the war in Ukraine has further exacerbated. These developments are also delaying market recovery in the automotive industry. Autoneum does everything it can to minimize the impact on the Group. Despite the present challenges, we will continue to implement our strategy, focusing on innovative and sustainable technologies for growing markets of the future.

  • Revenue development influenced by the war in Ukraine and supply chain bottlenecks*
  • Low production volumes and high inflation impact profitability*
  • Solid free cash flow enables further reduction in net debt*
  • Business Groups*
  • Well positioned for e-mobility and sustainability*
  • Expanding the product portfolio for electric vehicles*
  • Autoneum joins the Science Based Targets initiative*

Outlook
According to global market forecasts1, automobile production will pick up again in the second half of the year with growth of 8.8% compared with the first half-year 2022. For full-year 2022, global automobile production is projected to reach 80.8 million vehicles, which is equivalent to a 4.7% increase on 2021. Based on the market forecasts, Autoneum expects to improve the operating result for the second half of the year. This will be supported by ongoing customer negotiations with a view to fair sharing of costs, the accompanying contribution of vehicle manufacturers to shouldering the sharp increases in material, energy and transport costs and the foreseeable normalization of production after the easing of lockdown measures in China. On this basis, Autoneum expects substantially enhanced results for full-year 2022, as well as an improvement in the EBIT margin to 2.0% to 3.0%. Free cash flow is expected to be in the mid to high double-digit million range for the full year 2022.

*For more information see attached document

1Source: IHS “Light Vehicle Production Forecasts” – July 15, 2022

More information:
Autoneum supply chain acoustic
Source:

Autoneum Management AG

26.07.2022

RUDOLF turns 100 presenting a modernization of its brand

RUDOLF, a global provider of specialty chemicals, sustainable solutions and services for the global textile industry celebrates the beginning of a whole new chapter with a new corporate brand identity.

RUDOLF’s products have always been rooted in science and experience, whereas RUDOLF’s brand has always been a celebration of trust, reliability and inclusiveness. The new brand identity is directly extracted from the historical and cherished company’s heritage mark and it is a very modern interpretation of the same. A very contemporary brand identity for a very contemporary organization that proudly steps into its second centenary of operations – with a global mindset.

Since 1922 RUDOLF has been fueling the textile, construction and other industries with very same innovative energy so necessary to ensure continuous progress and to solve some of our civilization's current and future issues. An agent of positive change for a more sustainable living.

RUDOLF, a global provider of specialty chemicals, sustainable solutions and services for the global textile industry celebrates the beginning of a whole new chapter with a new corporate brand identity.

RUDOLF’s products have always been rooted in science and experience, whereas RUDOLF’s brand has always been a celebration of trust, reliability and inclusiveness. The new brand identity is directly extracted from the historical and cherished company’s heritage mark and it is a very modern interpretation of the same. A very contemporary brand identity for a very contemporary organization that proudly steps into its second centenary of operations – with a global mindset.

Since 1922 RUDOLF has been fueling the textile, construction and other industries with very same innovative energy so necessary to ensure continuous progress and to solve some of our civilization's current and future issues. An agent of positive change for a more sustainable living.

“Turning 100 years old is a very important milestone” says Dr. Wolfgang Anton Schumann, current MD at RUDOLF “However, it isn’t a finish line at all but, rather, the beginning of a whole new chapter. As we change pace, we send out a very important signal and transform what is most precious, intimate and meaningful to us. We change the essence of who we are: our corporate branding. We took inspiration from our heritage mark with the idea of using it as launch pad to the future. Because the future isn’t going to be what it used to be”.

Source:

Rudolf Group

Geno and Aquafil
21.07.2022

Geno and Aquafil: Pre-commercial production for plant-based nylon-6

Genomatica (Geno) alongside longtime collaborator Aquafil [ECNL:IM] successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22B nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets. Geno and Aquafil have produced the first several tons of plant-based nylon-6 building block caprolactam, have converted it to nylon-6 polymer, and are now in the process of transforming it for evaluation in nylon applications such as yarns for textile and carpet and engineering plastics as part of pre-commercial quantities from demonstration production taking place in Europe.

The companies have been collaborating to first produce pilot-scale quantities of plant-based nylon-6 and have now advanced to produce pre-commercial quantities at demonstration scale which will help determine the final design of future commercial plants. The material will go to leading global brands and their value chain partners who are eager to explore and develop renewable products, create showcase goods and test feedback with customers.

Genomatica (Geno) alongside longtime collaborator Aquafil [ECNL:IM] successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22B nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets. Geno and Aquafil have produced the first several tons of plant-based nylon-6 building block caprolactam, have converted it to nylon-6 polymer, and are now in the process of transforming it for evaluation in nylon applications such as yarns for textile and carpet and engineering plastics as part of pre-commercial quantities from demonstration production taking place in Europe.

The companies have been collaborating to first produce pilot-scale quantities of plant-based nylon-6 and have now advanced to produce pre-commercial quantities at demonstration scale which will help determine the final design of future commercial plants. The material will go to leading global brands and their value chain partners who are eager to explore and develop renewable products, create showcase goods and test feedback with customers.

Plant-based nylon-6 is Geno’s third major product line on a path to commercialization. The company has executed high impact deals with a range of brands to accelerate the global commercialization of sustainable materials, with the potential to reduce greenhouse gas emissions by 100 million tons in upcoming years. Recent milestones advancing the sustainable materials transition include: a collaboration with lululemon (NASDAQ: LULU) to bring plant-based materials into lululemon’s products, a production milestone with partner Covestro (OTCMKTS: COVTY) for plant-based HMD used in sustainable coatings, and a partnership with Asahi Kasei (OTCMKTS: AHKSY) and a newly formed venture with Unilever (NASDAQ: UL) to commercialize and scale plant-based alternatives to feedstocks like palm oil or fossil fuels, to make key ingredients used in everyday cleaning and personal care products.

Source:

method communications

15.07.2022

RadiciGroup publishes Sustainability Report 2021

  • Sustainability Report 2021 combines financial and non-financial performance indicators
  • 2011-2021: 60% reduction in greenhouse gas emissions per metric ton produced. 51.7% renewable source energy achieved
  • ESG criteria (environmental impact (E), social values (S), organizational governance (G)) determine sustainability strategy

The new RadiciGroup Sustainability Report has been published. With the goal of continuous improvement, the 2021 report has a broader reporting boundary compared to prior years and takes into consideration all the Group companies, including sales and service companies. Over 30 sites located across Asia, North America, South America and Europe have provided their 2021 data on economic, social and environmental performance.

  • Sustainability Report 2021 combines financial and non-financial performance indicators
  • 2011-2021: 60% reduction in greenhouse gas emissions per metric ton produced. 51.7% renewable source energy achieved
  • ESG criteria (environmental impact (E), social values (S), organizational governance (G)) determine sustainability strategy

The new RadiciGroup Sustainability Report has been published. With the goal of continuous improvement, the 2021 report has a broader reporting boundary compared to prior years and takes into consideration all the Group companies, including sales and service companies. Over 30 sites located across Asia, North America, South America and Europe have provided their 2021 data on economic, social and environmental performance.

Not only indicators of a financial nature but also measures of environmental impact (E), social values (S) and good organizational governance (G): the latter so-called ESG criteria have become a priority for RadiciGroup, which is preparing for the new European Union non-financial reporting directive in order to contribute to the transition towards a fully sustainable economic system and increase the value of its companies.

On the environmental front, the themes of climate change and decarbonization are RadiciGroup priorities and part of a policy aimed at the uncoupling of growth and resource usage. The Group undertakes to lower emissions from production and choose limited-impact energy sources. This commitment is confirmed by the numbers: in the 2011-2021 period, total emissions per metric ton produced were reduced by 60%, while renewable source energy used by the Group reached 51.7%. Specific investments to decrease environmental impact are ongoing: in 2021, EUR 3.1 million were allocated to introduce best available techniques and improve emissions abatement and energy efficiency.

RadiciGroup promotes professional growth by valuing competence and investment in training: Group training hours once again rose after the pandemic period from 36,000 hours in 2020 to 46,000 hours in 2021. The training method was often a hybrid, taking advantage of aspects experimented with during the pandemic, that is, less traveling and use of facilities in favour of higher groupwide attendance, without the need for participation limits. Fifty-five percent of total training hours was dedicated to health and safety, which has yielded positive results based on the related indicators.

Angelo Radici, president of RadiciGroup: “Today, the United Nations 2030 Agenda for Sustainable Development is our main guideline on sustainability issues. It shows us an ambitious scenario and urges us to confront a multitude of challenges that affect our enterprise from every point of view. We try to be quick to react and tenacious, staying faithful to our roots and our style, but expanding our perspective to become increasingly more competitive and proactive in the businesses we are engaged in. From the viewpoint of achieving less environmental impact in the future, we propose to be an enabler and facilitator for our stakeholders on themes such as the circular economy, where we see ourselves as protagonists in ecodesign and recycling, as well as innovation, which we put at the service of anyone who is processing and using our products, so as to offer real sustainability solutions together.”

Source:

RadiciGroup

07.07.2022

Deloitte: Lectra is one of the Best Managed Companies in France

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces that it has been named one of the 11 French companies selected for the 2022 edition of Deloitte France’s Best Managed Companies program.
 
Established 30 years ago by Deloitte Canada and launched in France at the end of 2021, this program recognizes excellence in companies that stand out for the quality of their management and their performance, through a rigorous and independent selection process. Companies are assessed on their long-term strategy, talent management, innovation capacity and CSR policy, as well as their governance and financial management. On one hand, these criteria assess the company's distinguishing features and, on the other hand, its capacity to address current and future challenges.
 

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces that it has been named one of the 11 French companies selected for the 2022 edition of Deloitte France’s Best Managed Companies program.
 
Established 30 years ago by Deloitte Canada and launched in France at the end of 2021, this program recognizes excellence in companies that stand out for the quality of their management and their performance, through a rigorous and independent selection process. Companies are assessed on their long-term strategy, talent management, innovation capacity and CSR policy, as well as their governance and financial management. On one hand, these criteria assess the company's distinguishing features and, on the other hand, its capacity to address current and future challenges.
 
Lectra is one of 11 French companies recognized as the Best Managed Companies for 2022. “For this first edition, I am delighted to announce that Lectra is one of the companies to have obtained our Best Managed Companies mark of excellence,” says Eric Forest, Deloitte Private Associate and Head of the Best Managed Companies program. “Throughout the selection process, Lectra shone through with its extensive strategic vision, solid financial and innovative culture, and its ability to decrypt trends in order to adapt its solutions to changes and the needs of its different markets. This enables Lectra to be a strategic partner to guide its customers in their digital transformation.” Thanks to its capacity to develop innovations, be that with equipment, software or services, and its mastery of technologies such as IoT, the cloud, artificial intelligence and big data, Lectra plays a key role in helping fashion, automotive and furniture industry players evolve towards Industry 4.0.
 
“Obtaining the Best Managed Companies mark of excellence is great recognition for all of our teams at Lectra. I would like to thank all Lectra employees for this collective achievement,” says Daniel Harari, Lectra’s Chairman and CEO. “The work we have carried out together has enabled Lectra to become a global technological leader. This recognition inspires us to continue with our commitment to the Industry 4.0 revolution and to the success of our customers.”

Source:

LECTRA

07.07.2022

Carbios, On, Patagonia, PUMA and Salomon team up to advance circularity

Carbios has signed an agreement with On, Patagonia, PUMA, and Salomon, to develop solutions that will enhance the recyclability and circularity of their products.
 
An important element of the two-year deal will be to speed up the introduction of Carbios’ biorecycling technology, which constitutes a breakthrough for the textile industry. Carbios and the four companies will also research how products can be recycled, develop solutions to take-back worn polyester items, including sorting and dismantling technologies, and gather data on fiber-to-fiber recycling as well as circularity models.
 
The challenge the four brands share, is that their ambitious sustainable development goals can only partially be met by conventional recycling technologies which mostly target bottle-to-fiber recycling. Future regulations will require more circularity in packaging and textile. Yet the market consensus is that there will soon be a shortage of PET bottles, as they will be used for circular production methods in the Food & Beverage Industry.   
 

Carbios has signed an agreement with On, Patagonia, PUMA, and Salomon, to develop solutions that will enhance the recyclability and circularity of their products.
 
An important element of the two-year deal will be to speed up the introduction of Carbios’ biorecycling technology, which constitutes a breakthrough for the textile industry. Carbios and the four companies will also research how products can be recycled, develop solutions to take-back worn polyester items, including sorting and dismantling technologies, and gather data on fiber-to-fiber recycling as well as circularity models.
 
The challenge the four brands share, is that their ambitious sustainable development goals can only partially be met by conventional recycling technologies which mostly target bottle-to-fiber recycling. Future regulations will require more circularity in packaging and textile. Yet the market consensus is that there will soon be a shortage of PET bottles, as they will be used for circular production methods in the Food & Beverage Industry.   
 
Carbios’ innovative process constitutes a technological breakthrough for the recycling of polyester (PET) fibers, which are widely used in apparel, footwear and sportswear, on their own or together with other fibers. PET polyester is the most important fiber for the textile industry with 52 MT produced, even surpassing cotton at 23MT. The biorecycling process uses an enzyme capable of selectively extracting the polyester, recovering it to recreate a virgin fiber. This revolutionary technology makes it possible to recover the PET polyester present in all textile waste that cannot be recycled using traditional technologies.
 
PET plastics and fibers are used to make everyday consumer goods such as bottles, packaging and textiles. Today, most PET is produced from fossil resources, then used and discarded according to a wasteful linear model. By creating a circular economy from used plastics and fibers, Carbios’ biorecycling technology offers a sustainable and more responsible solution.

More information:
Carbios PET circularity
Source:

Carbios

06.07.2022

DOMO Chemicals und Hynamics: Production of polyamides from low-carbon hydrogen

DOMO Chemicals, a producer of engineered polyamide materials, and Hynamics, a 100% subsidiary of EDF Group specializing in the production of low-carbon hydrogen, have entered into a partnership project with the objective of achieving zero-carbon for 100% of the hydrogen used at the Belle-Étoile industrial site, in Saint-Fons (south of Lyon, France), in the heart of the French Vallée de la Chimie (“Chemistry Valley”).

For the first time in France, the “HyDom” project will enable the installation of an 85-megawatt (MW) hydrogen production plant using the water electrolysis process at the Belle-Étoile site, with a production capacity of 11,000 metric tons of low-carbon hydrogen per year. The plant will be powered by the French low-carbon electric power mix. By 2027, it will supply 100% of the annual production of hexamethylene diamine, a key component used in the production of plastics.

DOMO Chemicals, a producer of engineered polyamide materials, and Hynamics, a 100% subsidiary of EDF Group specializing in the production of low-carbon hydrogen, have entered into a partnership project with the objective of achieving zero-carbon for 100% of the hydrogen used at the Belle-Étoile industrial site, in Saint-Fons (south of Lyon, France), in the heart of the French Vallée de la Chimie (“Chemistry Valley”).

For the first time in France, the “HyDom” project will enable the installation of an 85-megawatt (MW) hydrogen production plant using the water electrolysis process at the Belle-Étoile site, with a production capacity of 11,000 metric tons of low-carbon hydrogen per year. The plant will be powered by the French low-carbon electric power mix. By 2027, it will supply 100% of the annual production of hexamethylene diamine, a key component used in the production of plastics.

The project will eventually prevent the emission of 84 kilotons of carbon dioxide (CO2) each year. Hexamethylene diamine, and ultimately, durable and low-carbon polyamides, will be used in various applications in major industry sectors, such as automotive, electronics, and heating & cooling.
This project is a major step towards the decarbonization of industrial sites that use grey hydrogen (produced from fossil fuels). The location in the Vallée de la Chimie within the vicinity of major transport routes opens up opportunities for the creation of a more complete hydrogen ecosystem.

The first phase of the project will consist of building up and ascertaining technical concepts and integrating the low-carbon hydrogen production plant within the larger production process of hexamethylene diamine.

Considering the high-power scale of the future electrolytic hydrogen production facility, the HyDom project is being developed in close collaboration with RTE (an organization in charge of managing the French power grid), to solve connection issues. As a priority project for the industry's zero-carbon strategy and for the “France 2030” investment plan, HyDom is supported by the French government and has been presented to the European Commission for public funding.

Source:

DOMO Chemicals / Marketing Solutions NV

28.06.2022

EREMA Gruppe and Borealis: K 2022 preview

On June 13, EREMA Group and Borealis invited representatives of the international plastics and recycling trade press to Upper Austria for a sneak preview of the technological developments and lighthouse projects that the companies will present at K 2022, the plastics industry's international meeting place. The venue for the pre-K event was EREMA Group headquarters in Ansfelden.

On June 13, EREMA Group and Borealis invited representatives of the international plastics and recycling trade press to Upper Austria for a sneak preview of the technological developments and lighthouse projects that the companies will present at K 2022, the plastics industry's international meeting place. The venue for the pre-K event was EREMA Group headquarters in Ansfelden.

EREMA Group K 2022 preview
In Düsseldorf, the subsidiaries of the EREMA Group - which are EREMA, PURE LOOP, UMAC, 3S, KEYCYCLE and PLASMAC - will present their technological innovations, services and support together at a Group trade fair stand for the first time. Seven new recycling systems and components will be presented that enable large-scale plants with a production capacity of up to 6 t/h while setting a milestone in recyclate quality and process stability. This is made possible by technological innovations in the plasticizing unit that have been specially developed for high throughputs with low specific energy consumption, the new EREMA 406 laser filter with a 50 percent larger screening area, and new digital assistance systems that will be launched at K 2022 and made available on the BluPort® customer platform. These include, for example, the PredictOn app, which helps to anticipate and eliminate imminent malfunctions based on continuous measurement and evaluation of machine data.

New series of machines for new target groups
For customers looking for rapidly available recycling systems for simple applications, EREMA Group subsidiary UMAC has an innovation in store for K 2022. The company, which has so far specialised in refurbishing and trading in previously owned equipment, is expanding its business area and in Düsseldorf will launch READYMAC, a standardised, prefabricated recycling solution that can be produced from stock, based on proven EREMA TVE technology.

Finally, in the inhouse recycling segment, PURE LOOP and PLASMAC will round off the wide range of machines offered by the group of companies with their product portfolio.

Live recycling and lighthouse projects at the Circonomic Center
In the outdoor area of the K show, EREMA will bring plastics recycling to life with live demonstrations in conjunction with cooperation partners. Different waste streams are processed for this purpose. The wide variety of high-quality applications for recyclate will be showcased in the "products made of recyclate" exhibition, ranging from technical components to consumer goods and food packaging.

Borealis – accelerating the transition towards a more circular future
Borealis is committed to using their expertise and global reach to advance the circular economy of plastics. At the joint Pre-K 2022 kick-off on June 13, Borealis provided a preview of their integrated way of circular thinking and featured topics and activities at the K Fair 2022 in October. The preview covered new technologies and innovations including new packaging and infrastructure applications of the Bornewables™ portfolio of circular polyolefin products, manufactured with renewable feedstocks. New applications for Design for Recyclability, Re-Use, chemical recycling and advanced mechanical recycling were also on display.

Source:

EREMA Group GmbH

(c) Borealis
28.06.2022

Borealis introduces portfolio of circular base chemicals

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

The portfolio will initially comprise Borvida B, from non-food waste biomass, and Borvida C, from chemically-recycled waste. In the future, the range will evolve to include Borvida A, sourced from atmospheric carbon capture. Borvida is complementary and is the building block to Bornewables™, a portfolio of polyolefins based on renewably-sourced second generation feedstocks, and Borcycle™, which offers circular polyolefins produced from mechanically- and chemically-recycled plastic waste.

Borealis produces a wide range of base chemicals for use in numerous industries based on various feedstock, such as naphtha, butane, propane and ethane. Through its olefin units (steam cracker and propane dehydrogenation), it converts these into the building blocks of the chemical industry: ethylene, propylene and C4 hydrocarbons (butylenes, ethyl tertiary-butyl ether (ETBE) and butadiene), and C5-6 hydrocarbons (pygas, phenol) among others.

The basis of the Borvida portfolio is Mass Balance, a Chain of Custody model that enables sustainable content to be tracked, traced, and verified through the entire value chain, offering sustainability-assured products from feedstock to end product. Using this model, circular alternatives can be offered in a cost-effective and environmentally-conscious way, which can be scaled up quickly without compromising on quality or efficiency.

Borvida can be used for a wide range of different polymer and chemical applications, also beyond polyolefins (PO). Non-PO polymers, such as polycarbonates, acrylonitrile butadiene styrene (ABS), super absorbant polymer (SAP) and other chemicals, are utilised for various end applications including coatings, plasticizers, adhesives, automotive, electronics, lubricants, detergents, appliances and sports equipment.

Together with key strategic partners, including Neste and Covestro, Borealis strives to provide a long-term solution in order to allow value-chain partners to meet their sustainability goals. Borvida will enable our customers to increase the sustainability of their products, keeping them ahead of forthcoming legislative changes, and meeting their customers’ demands for climate-conscious products.

Introduced on a smaller scale in early 2020, early renewable base chemicals customers include Covestro. “The use of alternative sustainable raw materials is one important pillar of our strategic ambition to become fully circular”, comments Frank Dörner, Managing Director Covestro Procurement Services GmbH & Co. KG. “The new product line is a good example for joint solutions, another strategic pillar, in order to establish new and reliable supply chains creating benefits for our customers.”

Source:

Borealis

28.06.2022

C.L.A.S.S. is back with Smart Shop materials at Future Fabrics Expo

The international eco hub C.L.A.S.S. brings its next generation Smart Shop’s offer to the 10th edition of the Future Fabrics Expo from the28th to the 29th of June 2022 in London.

Since 2018, C.L.A.S.S. has been offering the access of the top of its Material hub innovations to small and new generation of designers and brands through its Smart Shop, the online store of smart materials. C.L.A.S.S. intent at FFE is to share the unique values of its design driven, conscious, high-tech materials, in order to start synergies with an audience characterized by the interest in responsible innovations, the main expertise of CEO and founder Giusy Bettoni and her team.

C.L.A.S.S. offers smart solutions – from 1 meter to max 50 meters - for the contemporary wardrobe which include all the different expressions of textile ingredients: natural, transformed, innovative and back in the loop materials, giving everyone the possibility to create design, innovative and yet responsible products in line with their new generation of contemporary values.

The international eco hub C.L.A.S.S. brings its next generation Smart Shop’s offer to the 10th edition of the Future Fabrics Expo from the28th to the 29th of June 2022 in London.

Since 2018, C.L.A.S.S. has been offering the access of the top of its Material hub innovations to small and new generation of designers and brands through its Smart Shop, the online store of smart materials. C.L.A.S.S. intent at FFE is to share the unique values of its design driven, conscious, high-tech materials, in order to start synergies with an audience characterized by the interest in responsible innovations, the main expertise of CEO and founder Giusy Bettoni and her team.

C.L.A.S.S. offers smart solutions – from 1 meter to max 50 meters - for the contemporary wardrobe which include all the different expressions of textile ingredients: natural, transformed, innovative and back in the loop materials, giving everyone the possibility to create design, innovative and yet responsible products in line with their new generation of contemporary values.

Among the conscious, yet technological materials which will be presented at Fabrics for Future there are Bemberg™ by Asahi Kasei, Albini’s organic and scientifically traceable cotton, Re.VerSo™ recycled wools, NewLife™ recycled polyester and Maeba International’s Back in The Loop fabrics.

Source:

C.L.A.S.S.

Photo: Filidea Technical Yarns
27.06.2022

Filidea Technical Yarns: New products and markets under the banner of sustainable evolution

  • New yarns for the contract furnishing world, for industrial sewing threads and the challenge of biodegradable polyester

At the product level, big impulse has been given to the range of industrial sewing threads for various uses, with new references both in the polyester + polyester compositions as well as in cotton + polyester. The industrial threads, marketed as raw material, allow the company to consolidate its position on some strategic markets, such as in Germany.

As a result of the partnership with Trevira® for the spinning of the flame-retardant Trevira®CS fibre, Filidea Technical Yarns reinforces its offer of non-dyed performant yarns aimed at the world of contract furnishings. The sector of hospitality, of furnishings for public and work spaces, fairs and areas for social-cultural gatherings will find a comprehensive answer to its demands in the Trevira®CS-based yarns: with regard to fireproof standards, versatility, resistance to wear and tear, excellent colour rendering, and last but not least, the component of fibre sustainability, an essential value for the design of spaces for collective use.

  • New yarns for the contract furnishing world, for industrial sewing threads and the challenge of biodegradable polyester

At the product level, big impulse has been given to the range of industrial sewing threads for various uses, with new references both in the polyester + polyester compositions as well as in cotton + polyester. The industrial threads, marketed as raw material, allow the company to consolidate its position on some strategic markets, such as in Germany.

As a result of the partnership with Trevira® for the spinning of the flame-retardant Trevira®CS fibre, Filidea Technical Yarns reinforces its offer of non-dyed performant yarns aimed at the world of contract furnishings. The sector of hospitality, of furnishings for public and work spaces, fairs and areas for social-cultural gatherings will find a comprehensive answer to its demands in the Trevira®CS-based yarns: with regard to fireproof standards, versatility, resistance to wear and tear, excellent colour rendering, and last but not least, the component of fibre sustainability, an essential value for the design of spaces for collective use.

Continuing in the development of sustainable production across the sector, the company has undertaken two important initiatives with other actors in the textile supply chain. Filidea participates in Trick, the European blockchain project – part of the European Horizon 2020 programme – involving 29 partners from six different nations to reinforce the circular economy thanks to the development of a digital platform which is complete, traceable and available to operators in the textile sector.

MagnoLab, the network of enterprises in the textile supply chain, and of which Filidea is one of the founding members, gives the impulse to constant R&D activities. MagnoLab was established in 2022 in order to develop tangible solutions for the sector, to create values and to collaborate with regard to current and future demands.

MagnoLab brings together textile companies which are active at various stages of and with complementary roles in the supply chain, and which work in synergy and share objectives, resourcefulness and long-sightedness, with the aim of developing innovation in a structured way. MagnoLab is also open to welcome new partners.

Source:

Filidea Technical Yarns

Graphic: RadiciGroup
20.06.2022

RadiciGroup at Techtextil with innovative textile solutions

  • Target markets: automotive, furnishings, sports and technical apparel
  • New product entry: radipeople® line of personal protective equipment

RadiciGroup is at Techtextil 2022, the leading European trade fair for technical textiles, taking place in Frankfurt am Main, Germany, from 21 to 24 June. On display in the RadiciGroup exhibition area are the Group’s latest products for the automotive, furnishings and apparel markets: from nylon and polyester yarn, including biosource and recycled lines, to nonwovens and the new radipeople® line of personal protective equipment (PPE).

Indeed, at Techtextil, RadiciGroup is showcasing RENYCLE®, a yarn obtained from recycled nylon; REPETABLE®, a polyester yarn from post-consumer recycled plastic bottles; RESPUNSIBLE®, a nonwoven fabric from recycled polypropylene; and BIOFEEL®, a brand identifying a yarn line obtained from renewable sources of both nylon and polyester.

  • Target markets: automotive, furnishings, sports and technical apparel
  • New product entry: radipeople® line of personal protective equipment

RadiciGroup is at Techtextil 2022, the leading European trade fair for technical textiles, taking place in Frankfurt am Main, Germany, from 21 to 24 June. On display in the RadiciGroup exhibition area are the Group’s latest products for the automotive, furnishings and apparel markets: from nylon and polyester yarn, including biosource and recycled lines, to nonwovens and the new radipeople® line of personal protective equipment (PPE).

Indeed, at Techtextil, RadiciGroup is showcasing RENYCLE®, a yarn obtained from recycled nylon; REPETABLE®, a polyester yarn from post-consumer recycled plastic bottles; RESPUNSIBLE®, a nonwoven fabric from recycled polypropylene; and BIOFEEL®, a brand identifying a yarn line obtained from renewable sources of both nylon and polyester.

Moreover, RadiciGroup is participating in a forum organized by the Technical Textiles Section of Sistema Moda Italia in collaboration with the Italian Space Agency (ICE) (Hall 12.1 – Stand C58), with the goal of introducing product innovations not only coming from a single manufacturer, but also from an innovative synergistic approach all along the supply chain, from raw materials to finished products. An example of this synergistic collaboration is the “Mars Spacesuit”, recently tested in the USA by analogue astronauts as part of a space medicine project designed to measure the vital signs of future astronauts and develop technologies to support the simulation of life in space and planetary environments. RadiciGroup teamed up with major Italian textile companies and supplied the materials to make the suits for the six analogue astronauts participating in the mission and coordinated the development of the technologies needed to create the technicalwear for use in extreme environmental conditions.

 

Source:

RadiciGroup

20.06.2022

Beaulieu Fibres International at Techtextil 22

  • Bio circular Fibre - Shaping Sustainable Living

The European staple fibre producer Beaulieu Fibres International turns the spotlight on future-focused solutions for nonwovens & engineered fabrics at Techtextil 22. A key priority is innovation in polyolefin fibres and bicomponent polyester/polyolefin fibres, to advance sustainable design, end-of-life recyclability, and resource and carbon footprint reduction for industrial and hygiene applications.

The new sustainability roadmap - Route 2030 outlines how the company is targeting the reduction of our environmental footprint to zero, taking care of people and doing business in a transparent, ethical way. Sustainability is key to Beaulieu Fibre International’s long-term strategy, and the company is heavily focused on defining its green portfolio to support evolution in diverse market applications and to work towards a circular economy with the whole supply chain.

  • Bio circular Fibre - Shaping Sustainable Living

The European staple fibre producer Beaulieu Fibres International turns the spotlight on future-focused solutions for nonwovens & engineered fabrics at Techtextil 22. A key priority is innovation in polyolefin fibres and bicomponent polyester/polyolefin fibres, to advance sustainable design, end-of-life recyclability, and resource and carbon footprint reduction for industrial and hygiene applications.

The new sustainability roadmap - Route 2030 outlines how the company is targeting the reduction of our environmental footprint to zero, taking care of people and doing business in a transparent, ethical way. Sustainability is key to Beaulieu Fibre International’s long-term strategy, and the company is heavily focused on defining its green portfolio to support evolution in diverse market applications and to work towards a circular economy with the whole supply chain.

Beaulieu Fibres International will offer ISCC Plus (International Sustainability and Carbon Certification Plus) certified bio circular MONO-PP and BICO PP/PE fibres in 1,3-8,9 dtex, available with all the main available finish classes. These drop-in solutions, with no loss in quality, will support customers reduce reliance on virgin fossil carbon in their nonwoven and engineered fibre applications, contributing to the transition towards a circular economy.

Source:

Beaulieu Fibres International

(c) Billi London
17.06.2022

Billi London: Accelerated degradation in Landfill

Billi London is shaping the future of fashion with eco legwear. Founded by Sophie Billi-Hardwick and Marie Bouhier in November 2020, the pair’s goal was to create durable and comfortable hosiery that was no longer seen as disposable or for single-use.
 
Each piece is made with innovative enhanced degradable yarns Amni Soul Eco® nylon and ROICA ™ V550 elastane. Amni Soul Eco® is degrading in a time of 5 years*, 20x faster than the normal 40–100-year timeframe. The materials break down into biomass and biogas, create renewable energy and do not leave behind microplastics in landfill. The soft yet chic fabrics have revolutionised the legwear industry as well as pioneering a change across the fashion sector which rarely goes beyond just using recyclable materials.

This year, Billi London was selected as one of only five brands to present as an Organic Exhibitor at the Salon International de la Lingerie (SIL) from 18-20 June at Porte de Versailles in Paris.

*In landfill conditions. Reference system: ASTM D5511 - Std test 

Billi London is shaping the future of fashion with eco legwear. Founded by Sophie Billi-Hardwick and Marie Bouhier in November 2020, the pair’s goal was to create durable and comfortable hosiery that was no longer seen as disposable or for single-use.
 
Each piece is made with innovative enhanced degradable yarns Amni Soul Eco® nylon and ROICA ™ V550 elastane. Amni Soul Eco® is degrading in a time of 5 years*, 20x faster than the normal 40–100-year timeframe. The materials break down into biomass and biogas, create renewable energy and do not leave behind microplastics in landfill. The soft yet chic fabrics have revolutionised the legwear industry as well as pioneering a change across the fashion sector which rarely goes beyond just using recyclable materials.

This year, Billi London was selected as one of only five brands to present as an Organic Exhibitor at the Salon International de la Lingerie (SIL) from 18-20 June at Porte de Versailles in Paris.

*In landfill conditions. Reference system: ASTM D5511 - Std test 

Source:

Billi London / C.L.A.S.S.

15.06.2022

Autoneum updates its outlook for 2022 as a result of the Ukraine war

Due to the impact of the war in Ukraine on the automotive industry and vehicle production as well as of rising inflation, Autoneum is adjusting its corporate outlook for the 2022 financial year. The market recovery will be delayed by current developments.

Since the outbreak of war in Ukraine, new bottlenecks in global supply and logistics chains have been impacting vehicle manufacturer production volumes and thus slowing the revenue and earnings development of the automotive supply industry, especially in Europe. Current developments are accompanied by accelerated inflation and significant price increases on the commodities markets, which have been further exacerbated by the war. These are felt at Autoneum through rising material, energy and transport costs. With regard to the rising costs, automotive manufacturers and suppliers are now required to ensure a fair burden sharing as partners.

Due to the impact of the war in Ukraine on the automotive industry and vehicle production as well as of rising inflation, Autoneum is adjusting its corporate outlook for the 2022 financial year. The market recovery will be delayed by current developments.

Since the outbreak of war in Ukraine, new bottlenecks in global supply and logistics chains have been impacting vehicle manufacturer production volumes and thus slowing the revenue and earnings development of the automotive supply industry, especially in Europe. Current developments are accompanied by accelerated inflation and significant price increases on the commodities markets, which have been further exacerbated by the war. These are felt at Autoneum through rising material, energy and transport costs. With regard to the rising costs, automotive manufacturers and suppliers are now required to ensure a fair burden sharing as partners.

In addition, renewed coronavirus-related lockdowns in China are delaying growth in Asia. According to the revised market forecasts1), global automobile production is expected to reach 80.4 million units in 2022, which represents an increase of 4.1% compared to 2021. Growth will thus be significantly lower than was still expected in mid-February.

Autoneum will do its utmost to minimize the impact on the Group. Despite the present challenges, the strategy will continue to be consistently implemented with a focus on innovative and sustainable technologies for growing markets of the future.

Based on current developments and knowledge, Autoneum has updated the forecasts that it presented at the Media Conference, which had not yet included the impacts of the war as outlined above. Autoneum continues to expect revenue to develop in line with the market. For the first half of the year, the Company expects an EBIT margin at break-even level. On the basis of the ongoing collaborative discussions with customers to participate in the sharing of the sharply increased energy and material costs, Autoneum anticipates an improvement in the EBIT margin to 2.0 to 3.0% (previously: 4.0 to 5.0%) for the full year 2022. Free cash flow for 2022 is expected to be in the mid to high double-digit million range.

Autoneum is very well positioned for the transformation of the automotive industry towards e-mobility and sustainability. Our product portfolio is suitable for all drive types, whether internal combustion, hybrid or pure electric vehicles. The medium-term forecasts that Autoneum published in November 2021 remain unchanged positive. The timing of the market recovery will be delayed by current events and will also depend on further geopolitical developments.

Source:

Autoneum Management AG