From the Sector

ITM 2022: Rieter Further Improves Attractiveness of Ring and Compact-Spinning System

• Autoconer X6 is the key machine for highest efficiency
• Roving frame F 40 sets industry standard at 90 seconds only for doffing
• New top and bottom aprons NO-79201 offer greater durability
• i-Bearing enables 24/7 visibility for fast and smart decisions
• Berkolizer pro introduces easily adjustable UV treatment as industry-first
• European roll out of precision winder NEO-YW to launch in Turkey

Rieter is presenting the Autoconer X6 at the upcoming ITM 2022 in Istanbul (Turkey), taking place from June 14 to June 18, 2022, which further improves the attractiveness of the company’s ring and compact-spinning offering by completing the system. In addition, Rieter is showing the roving frame F 40 which doffs at 90 seconds only. SSM’s NEO-YW precision winder is launching into the European market while three key innovations in components are being introduced.

Opportunities and Challenges to the Spinning Industry

2021 was an unprecedented year for the global spinning industry. Driven by the market recovery after the pandemic and the regional shift of the industry, customers invested in new spinning systems at levels never experienced before. And despite the current uncertainties, customers continue to invest.

As market and technology leader, Rieter succeeded in this environment in posting a record order intake for 2021. This is clear evidence of the high level of trust customers have in Rieter. Dr. Norbert Klapper, CEO of Rieter, says: “Systems, machines, components, parts and services from Rieter have ensured competitiveness and success for customers over many years in the past and will continue to do so in the future.”

Dr. Klapper also comments on the challenges that lie ahead for the industry as it takes advantage of market opportunities: “The pandemic is not over yet, and business is exposed to dramatic cost increases as well as shortages in material supplies and logistics. In difficult times, it is important to work together even more closely than under normal circumstances. It’s all about true partnership and trust – the basis of Rieter’s business for 226 years.”

• Hundreds of designers, brands, creators, e-com platforms, manufacturers, and virtual fashion pioneers expected to attend VIP events at Kornit’s headquarters, R&D and production centers, and in major venues of Tel Aviv     
• Kornit will unveil future technologies and solutions, including the revolutionary Kornit Apollo fully-digital mass production direct-to-garment (DTG) platform – considered a future game-changer for the mainstream mass production of fashion and apparel, a multi-billion-dollar market opportunity – constrained today by antiquated, analog, and polluting methods of production
• Mass production of textile, traditionally off-shored, is going through an accelerated shift to near-shore production, significantly shorter production runs, lean-to-no inventory risk, and unlimited creativity and flexibility for designers and creators – all possible with Kornit’s new solution for mass production
• Kornit will also unveil its Kornit Atlas MAX Poly – predicted to transform the multi-billion-dollar professional and recreational sports apparel and teamwear markets, suffering today from major limitations with mass customization of polyester

Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a worldwide market leader in sustainable, on-demand digital fashionx and textile production, announced today the Company will present the convergence of design, technology, and sustainable fashion at Kornit Fashion Week Tel Aviv 2022, April 3rd – 6th. Rewriting the rules for fashion and textiles, the transformative event will unveil vibrant runway collections together with game-changing industry-first product and technology introductions that bring digital production to the mainstream.

The four-day event is attended by some of the top designers, retailers, brands, fulfillers, and ecommerce players, in addition to global investors and press – and will include exclusive VIP experiences demonstrating the confluence of the design, technology, and fashion worlds. Together, these three elements are central to Kornit’s 4.0 strategy, bringing sustainable, on-demand fashion to the mainstream with end-to-end workflow solutions.

Kornit Fashion Week Tel Aviv 2022

Kornit Fashion Week features an immersive runway showcase produced by worldwide fashion icon, producer, director, and entrepreneur Motty Reif. The week follows successful Kornit events in 2021 across Los Angeles, New York, Milan, and Tel Aviv – displaying the creative freedom associated with sustainable, on-demand fashion fulfillment. Attendees will experience runway events showcasing designer creativity across a broad array of collections. These fascinating collections were created in just a few weeks, unlike typical fashion and textile production processes that take over six months.

Industry-First Introductions

Looking behind the scenes at Kornit Fashion Week, attendees will witness Kornit’s disruptive mass production technology in action. Unveiled for the first time, the Kornit Apollo direct-to-garment (DTG) system addresses accelerated post-pandemic market trends for streamlined supply chains and production nearshoring. Demonstrated at an exclusive VIP event, Kornit Apollo features the Company’s proven MAX technology offering the highest retail quality combined with full automation control and integrated smart curing processes, utilizing functionality from Lichtenau, Germany-based Tesoma (Kornit’s recently announced acquisition). The solution is the most comprehensive digital, single-step end-to-end system for nearshore short-and-medium-runs mass production and offers optimal TCO and highest output per operator. The result far surpasses performance of screen printing and analog techniques. With early customer engagements in the second half of 2022, the system will be available mid-2023.

Physical and Virtual Worlds

Kornit enables customers to exchange supply chain headaches and materials waste for unsurpassed creativity and a frictionless pixel-to-parcel-to-doorstep production experience. Supported by the KornitX workflow solution, customers have access to a scalable and modular ecosystem for on-demand decorated apparel and textiles. Supporting diverse supply chain models, the infrastructure-agnostic system enables on-demand, automated production, end-to-end from initial order to package delivery.

• Kornit Digital Introduces High-Volume Digital Production Solution for Vibrant Decorative Designs on Polyester and Polyester-Blended Apparel
• Kornit Atlas MAX Poly to Transform Professional and Recreational Sportswear, Teamwear, and Sports Brands; Injecting Life into Apparel with Power of Design Across Full Color Gamut

Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a worldwide market leader in sustainable, on-demand digital fashionx and textile production, introduced today its distinctive Kornit Atlas MAX Poly system – an industry-first direct-to-garment (DTG) solution delivering superior-quality digital decoration for vibrant, colorful design on polyester and poly-blended apparel.

Kornit’s Atlas MAX Poly capitalizes on the demand for fashionable, unique sportswear and apparel. As the industry emerges from a post-pandemic environment in which athletic and leisurewear became mainstream, there is increasing demand for apparel combining polyester and poly-blends with vivid designs across a range of colors. Atlas MAX Poly can transform the multi-billion-dollar professional and recreational sports apparel and teamwear markets, limited today by limitations in mass customization of polyester.

“Kornit Atlas MAX Poly is a game-changer,” said Omer Kulka, Chief Marketing Officer at Kornit Digital. “As fashion and sports apparel merge, there’s new opportunity for innovative fashion on polyester, currently the fastest-growing textile vertical. For the first time, recreational sportswear, promotional, and sports brands can embrace vibrant and colorful design with Kornit’s proven MAX technology – setting superior quality standards for on-demand production previously not possible.”

Unveiled during Kornit Fashion Week Tel Aviv 2022, Atlas MAX Poly incorporates Kornit’s field-proven MAX technology for high-quality premium decoration, process automation, and smart autonomous quality control. With Kornit’s XDi decorative applications, Atlas MAX Poly enables endless designs and creativity on polyester, and empowers new styles for multiple effects and unlimited combinations such as emulating threadless embroidery, high-density vinyl, screen transfer emulations, and 3D effects.

The solution is compatible with mesh and plain fabrics, including brushed polyester, while maintaining durability and breathability. It brings the highest throughput for on-demand polyester decoration, reducing total cost of ownership to drive profitability. Customers gain competitive advantage via Pantone color-matching and a wide color gamut including neon colors for bright and vibrant impressions, using single-step mechanisms minimizing production footprints while maximizing versatility.

Beyond superior quality, graphics, color, and application variety, Kornit Atlas MAX Poly offers efficient, reliable, profitable end-to-end polyester production via:

• Kornit’s ActiveLoad automated garment-loading and pallet adjustment for repeatable, high-quality output with minimal errors reducing time and waste, eliminating operator ramp-up and boosting throughput up to 20%.
• Seamless integration with KornitX Global Fulfillment Network, enabling a pixel-to-parcel-to-doorstep experience. This unleashes untapped demand for polyester short-run production, personalization, and disruptive direct-to-fan and direct-to-recreational business models.
• Integration with KornitX’s workflow ecosystem and Kornit Konnect™ dashboard, optimizing process visibility and control, adding data-driven insights for production floor efficiencies.

In 2021, nonwovens production in Greater Europe increased in volume by 2.0% to reach 3,120,967 tonnes (and 87.6 billion square metres).

EDANA, the international Association serving the nonwovens and related industries today released its statistics on Nonwovens Production and Deliveries for 2021. Following the impressive growth recorded in 2020, the updated figures for Greater Europe (incl. Western and Eastern Europe countries, Turkey, Belarus, Russia and Ukraine) highlight again the ability of the European industry to innovate and to invest in order to meet the challenges of the pandemic crisis.

In 2021, nonwovens production in Greater Europe increased in volume by 2.0% to reach 3,120,967 tonnes (and 87.6 billion square metres). Since 2019, the European output increased by nearly 9%.

Jacques Prigneaux, EDANA’s Market Analysis and Economic Affairs Director commented “This 2% average growth is in line with European forecasts disclosed in October 2021 in our Global Nonwoven Markets 2020-2025 report. In 2021, significant growth areas for nonwovens were recorded in building construction (+17.4%), agriculture (+11.3%), electronic materials (+10.1%) and air filtration (+9.1%). Countering this, a further decline of -1% was recorded in automotive interior applications. In some market segments, a comparison with the pre-COVID situation is probably more relevant. This is particularly true in hygiene, medical and wipes nonwovens, which were almost flat or slightly decreasing compared to the level reached in 2020, but still much higher than in 2019”.

He added: “Looking at the different production processes of nonwovens, various trends were observed in 2021. The production of fiber-based materials, including Drylaid, Wetlaid, and Airlaid technologies, recorded divergent growth rates (respectively +2.4%, +1.1% and -4.8%), and spunmelt nonwovens recorded a growth rate of +3.1%. In Drylaid, the highest growth in tonnes was observed in needlepunched, with a 6.4% increase. The production of drylaid-hydroentangled, which peaked in 2020, was at the same level a year later”.

ITM 2022, which will be held at Istanbul Tüyap Fair and Congress Center on 14-18 June 2022, will be the first and largest international textile machinery exhibition to be held after a 3-year break. The leading brands of world textile technologies will launch their latest machines at ITM 2022.
The latest ITM Exhibition hosted the world textile industry with 1200 exhibitors from 64 countries and 60,000 visitors from 94 countries. ITM 2022 Exhibition in cooperation with TEMSAD and in partnership with Tüyap Tüm Fuarcılık Inc. and Teknik Exhibitions Inc. plans to set new records as one of the most important global organizations to be organized after the pandemic outbreak period.

The textile industry, which is among the leading sectors in Turkey's exports, demonstrated its power to the whole world, especially during the pandemic outbreak period. Achieving an increase of up to 40 percent in exports of textiles and raw materials, Turkey also broke records after records in medical textile, technical textile, and indoor textile exports.

Ranking in the top three in the most important market for the European textile machinery manufacturers, Turkey also attracted attention with its production performance during the troublesome pandemic outbreak. Many European machinery manufacturers, who spoke highly of Turkey's performance, announced that their machinery sales to Turkey increased in 2020 and 2021. Turkish textile companies, which increase their production capacity because they were unable to keep up with the demands, continue their new investments and modernizations.

Leading brands of textile technologies such as Picanol, Itema, Toyota, Saurer, Rieter and Trützschler are among the companies that will exhibit their latest innovations at the ITM 2022.

• In a meeting dedicated to reviewing the association’s 2021 figures, validating ambitious projects, and preparing for the future, beyond this year’s final celebrations of its 50th Anniversary, the Board of EDANA appointed Mr Murat Dogru as Deputy General Manager.

The governors also confirmed that Murat will take over from Pierre Wiertz as General Manager, from 1st July 2022 onwards. Pierre will then officially retire after 18 years in this position and a 39 year long career at EDANA.

Mr. Dogru, 42 years old, holds an MSc in Advertising and Communications and has over 10 years of association management experience through various management consultancy positions within MCI, following 5 years as advertising sales executive for The Economist. He is fluent in English and French, with an excellent command of Arabic and Turkish.

“My experience in association management, from technology sectors to healthcare, via societies of engineers, researchers and medical doctors, has brought me a drive and passion for responding to members’ needs in fast-moving environments”, said Dogru. “I am very much looking forward to learning from the EDANA member companies and the expert staff and building on the great assets and strengths of the association, to lead it through the turbulent times facing the industry, with raw materials, energy and transportation costs, as well as regulatory and sustainability challenges”, he added.

The EDANA Board also validated several ambitious projects in the areas of product stewardship, standardisation, sustainability, and advocacy, and was presented with a report on record membership levels (+31% in 3 years), and on the excellent success of EDANA’S training courses, publications and events in 2021, including INDEX™ 20 last October.

At each edition, Maison&Objet names a Designer of the Year, celebrating the work of the most outstanding talents on the international design and decoration scene. Having been unable to present his installation on receiving the accolade in September 2020, Franklin Azzi will now take centre stage at the March 2022 edition with RETRO FUTUR, an immersive exploration of his creative process. Working out of his Parisian agency created in 2006, Azzi develops a cross-disciplinary approach that draws on a potpourri of perspectives and disciplines. By relentlessly
sparking a dialogue between architecture, interior design, design and modern art with the backing of his dedicated endowment fund, he hones a talent for design and creation that embraces all scales and all spaces.

From the kind of urban microarchitecture embodied by the Eiffel Kiosque and its prefabricated structure to towers in Dubai and Paris, not forgetting the refurbishment of existing structures
such as the Alstom warehouses in Nantes, his work is underpinned by a quest for sustainability tailored to meet users’ needs. Turning his back on formal style, Azzi develops architecture that is both minimalist in its aesthetic and maximalist in its multi-faceted functionality and environmental quality, resolutely advocating a return to ‘common sense’. He walks firmly in the footsteps of philosopher and urban planner Paul Virilio, the exploratory thinker and creator of whom he was once a student.

• IVL commits to being an industry leader in sustainability under ‘Vision 2030’

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, today reported a record FY2021 performance as the economic recovery drove demand across the company’s global footprint. 

Mr Aloke Lohia, Indorama Ventures Group CEO, said: “In 2021 we proved the resilience of our global footprint and our integrated portfolio across the polyester value chain. The past two years were an unprecedented period of disruption in which our business model’s robustness and our teams’ agility were tested. Having reset our business plan for the ‘new normal’ era, I have never been more confident in our model, our strategy, and our teams."

2021 Summary

In 2021, IVL delivered Core EBITDA of US$1,743 million (up 55% YoY) on production volumes of 14.72 MMT (up 7% YoY). Consolidated Revenue increased 38% YoY to US$14,629 million as consumer confidence rebounded and the company’s resilient model benefited from rising inflation, energy price hikes and supply chain shocks.

Macroeconomic tailwinds supported IVL’s performance, including government stimulus packages. In premium western markets, higher freight rates improved the company’s local import parity pricing advantage. In the fourth quarter, the introduction of China’s dual control policy widened polyester margins. 

IVL’s largest Combined PET segment posted a 39% increase in Core EBITDA to US$1,103 million in the context of strong demand and low inventories. The resetting of PET contracts in 2022 is expected to capture higher freight rates and the consequent beneficial impact on import parity. The segment is expected to enjoy improved margins in 2022.

Integrated Oxides & Derivatives (IOD) recorded a Core EBITDA of US$377 million, up 228% from a year earlier. With higher oil prices expected to continue into 2022, the segment will continue to benefit from shale gas economics, improving MEG spreads, and upside from Lake Charles (IVOL) ethylene cracker, which resumed operations in late 2021. The Oxiteno acquisition, expected to close in H1 2022, will bring complementary products, green energy innovation, and geographical diversification to the IOD segment.

Fibers segment delivered a 37% increase in Core EBITDA of US$268 million as volumes rose 11%. Margins widened due to tighter markets and a favorable product mix, with setbacks coming from energy and commodity price increases, while the ongoing semiconductor shortage impacted the Mobility vertical.

Mr D K Agarwal, CEO and CFO at Indorama Ventures, said: “The performance was a result of a number of important macroeconomic factors, such as heightened crude oil prices, supply disruptions, and resurgent consumer confidence as vaccinations were rolled out in the pandemic’s second full year. These factors led to improved margins and benefited us as a preferred regional supplier that can react quickly to fulfill our customer needs. Our transformation programs that we started three years ago are also delivering efficiency gains faster than planned. As the world emerges from the pandemic, our increased confidence in IVL’s resilient model sets a strong foundation for further growth through 2024.”

• more than 600 exhibitors
• almost 25,000 visitors, with a nearly 50% share of international visitors: mostly from Russia & CIS countries, Europe and Middle East/North Africa
• trend of increasing exports of Turkish textiles to the EU, record figure of US$ 20.3 billion reached in 2021, trend will continue in 2022

More than 25,000 visitors from about 100 countries attended the kick-off event of Istanbul Fashion Connection. Over 600 companies presented their collections on more than 35,000 square meters of exhibition space and provided information about their creative collections and production capacities in the areas of womenswear, menswear, kidswear, denim, shoes, leather and fur, lingerie and bridal and evening wear.

Turkey is seeing record figures in garment exports, one of the four engines of Turkey's industry with the EU as the largest export market. In 2021 alone it shows an increase of almost 20% compared to 2020. The momentum in Turkey's industry has been accelerated by the pandemic. Delivery bottlenecks could be bridged and near shoring becomes a competitive advantage.

With Istanbul Fashion Connection, the Istanbul Ready-to-Wear and Apparel Exporters' Association (IHKIB) in cooperation with the Istanbul Chamber of Commerce is launching an international fashion platform with a biannual rhythm for Turkish and international manufacturers. The next event will take place from August 24th to 26th, 2022.

• Record high: 12,338 (+19%) GOTS certified facilities in 79 countries in 2021  

Twenty years after its inception, the textile processing standard for organic fibres records new all-time high figures: 18 GOTS Approved Certification Bodies report a total of 12,338 certified facilities (+19%) in 79 countries (+11%).  

Among the countries with the largest increase in GOTS certified facilities in 2021 are Turkey (+61% to 1.799), Italy (+53% to 894), Germany (+19% to 817), Portugal (+35% to 608), France (+22% to 122), Denmark (+14% to 115), Switzerland (+15% to 61), Belgium (+55% to 59), Sweden (+34% to 51) and Vietnam (+264% to 51).

“What seemed utopian to many in 2002 has become a reality in the past 20 years. We have created an organic textile standard, certified by approved certification bodies, which is accepted in all major markets. GOTS is a standard that gives consumers the power to choose truly organic products sourced from sustainable supply chains.” says Claudia Kersten, Managing Director at GOTS. “Despite ongoing difficulties and uncertainty caused by the Covid-19 pandemic, decision-makers continue to pursue their sustainability goals and value GOTS as a tool to accomplish them”.

The results of the annual GOTS Survey among certified entities underline this. Out of 1.114 respondents (+39%), 63% indicated a permanent shift in their sustainability strategy with a focus on the environment and health of their workers and staff.

Growing interest from industry, the public, and the media drove website visits up an impressive 48%. Media exposure grew by 64% and GOTS social media followers across several platforms jumped by 57%.
“As much as we are pleased with the development so far, we don’t intend to rest on our laurels” adds Rahul Bhajekar, Managing Director at GOTS. “In March 2022 we begin revision for GOTS version 7.0 involving all stakeholders including associations, organisations, companies, and individuals to further advance the progressive, innovative, stringent yet practical standard of GOTS”.