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20.07.2021

DyStar’s Commitment to the Protection of its Global Intellectual Property Portfolio

DyStar, a specialty chemical company with a heritage of more than a century in product development and innovation, is pleased to announce their continued commitment to the protection of their global intellectual property portfolio.

As an innovative global chemical organisation, DyStar’s intellectual property portfolio is an important part of their DNA. To date, their innovation encompasses more than 1,000 patents, trademarks and patent applications worldwide.

Eric Hopmann, Chief Executive Officer of DyStar Group explains: “As DyStar continues to focus on managing challenges of the rapid global business recovery and exploring exciting growth opportunities across the emerging markets, our team needs to stay vigilant and vigorously protect our global intellectual property portfolio. This has again been demonstrated in a recent incident, where DyStar had to charge three former employees who had neglected to protect DyStar’s intellectual property, and were also under suspicion of having shared DyStar’s proprietary information with the competition.”

DyStar, a specialty chemical company with a heritage of more than a century in product development and innovation, is pleased to announce their continued commitment to the protection of their global intellectual property portfolio.

As an innovative global chemical organisation, DyStar’s intellectual property portfolio is an important part of their DNA. To date, their innovation encompasses more than 1,000 patents, trademarks and patent applications worldwide.

Eric Hopmann, Chief Executive Officer of DyStar Group explains: “As DyStar continues to focus on managing challenges of the rapid global business recovery and exploring exciting growth opportunities across the emerging markets, our team needs to stay vigilant and vigorously protect our global intellectual property portfolio. This has again been demonstrated in a recent incident, where DyStar had to charge three former employees who had neglected to protect DyStar’s intellectual property, and were also under suspicion of having shared DyStar’s proprietary information with the competition.”

Source:

DyStar Singapore Pte Ltd

(c) Deutsche Lichtmiete. Alexander Hahn, CEO & Gründer Deutsche Lichtmiete AG und Steffen Salinger, Geschäftsführer Artemide Deutschland (v. l. n. r.).
19.07.2021

Deutsche Lichtmiete kooperiert mit Artemide

  • Premiummarke aus Italien jetzt auch mit Light as a Service Mietkonzept

Zwei Spezialisten für individuelle LED-Lichtlösungen bündeln ihre Aktivitäten in einer strategischen Partnerschaft. Die Deutsche Lichtmiete ist mit ihrem Mietkonzept und Produktportfolio Marktführer für Light as a Service (LaaS) in Europa. Der italienische Leuchtenhersteller Artemide ist als Hersteller für Designleuchten und Innovationsführer in der Lichttechnologie weltweit etabliert. Über die Kooperation nutzen beide Unternehmen ihre Branchenkompetenz und kombinieren ihre sich ergänzenden Geschäftsmodelle. Die Premiummarke Artemide und die Deutsche Lichtmiete stehen für Innovationskraft, Nachhaltigkeit, Qualität und Erfolg im Bereich Licht. Durch die neue Vereinbarung profitieren Kunden auf beiden Seiten von dem Produkt- und Serviceportfolio.
 

  • Premiummarke aus Italien jetzt auch mit Light as a Service Mietkonzept

Zwei Spezialisten für individuelle LED-Lichtlösungen bündeln ihre Aktivitäten in einer strategischen Partnerschaft. Die Deutsche Lichtmiete ist mit ihrem Mietkonzept und Produktportfolio Marktführer für Light as a Service (LaaS) in Europa. Der italienische Leuchtenhersteller Artemide ist als Hersteller für Designleuchten und Innovationsführer in der Lichttechnologie weltweit etabliert. Über die Kooperation nutzen beide Unternehmen ihre Branchenkompetenz und kombinieren ihre sich ergänzenden Geschäftsmodelle. Die Premiummarke Artemide und die Deutsche Lichtmiete stehen für Innovationskraft, Nachhaltigkeit, Qualität und Erfolg im Bereich Licht. Durch die neue Vereinbarung profitieren Kunden auf beiden Seiten von dem Produkt- und Serviceportfolio.
 
Seit über 80 Jahren entwickelt der italienische Leuchtenhersteller Lichtlösungen, die traditionelles Handwerk, klare Formen, funktionale Technik und ansprechende Optik verbinden. Mit der preisgekrönten Schreibtischleuchte Tolomeo von Michele De Lucchi, der mit Issey Myiake entworfenen und prämierten Kollektion IN-EI oder den speziell für das Luxushotel Westin in der Elbphilharmonie Hamburg gefertigten Leuchten in Wellenform haben die Lichtspezialisten von Artemide Maßstäbe gesetzt. „Mit Artemide gewinnen wir einen Spezialisten für individuelle Sonderlösungen und Maßanfertigung, der unser eigenes Portfolio optimal ergänzt und uns neue Absatzwege und Zielgruppen eröffnet“, erklärt Alexander Hahn, Gründer und CEO der Deutsche Lichtmiete AG.
 
Die Deutsche Lichtmiete Light as a Service Komplettlösung bietet Industrie, Gewerbe, Gesundheits- und Kultureinrichtungen und der öffentlichen Hand eine Beleuchtungsmodernisierung mit LED-Technik. Steffen Salinger, Geschäftsführer Artemide Deutschland, erläutert: „Wir können mit unseren Lichtsystemen sämtliche Bereiche eines Projekts beleuchten und Räumen ein unverwechselbares Ambiente verleihen. Als ausgewählter Partner der Deutschen Lichtmiete sind unsere Lichttechnologien jetzt auch mit Light as a Service möglich.“

More information:
Deutsche Lichtmiete Artemide
Source:

HARTZKOM für Deutsche Lichtmiete

(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

19.07.2021

ISKO to work with the MIT Computer Science & Artificial Intelligence Lab

ISKO announces its participation in CSAIL’s Alliances programme, a collaboration with CSAIL researchers, students and industry partners. Through participation in the programme, ISKO will contribute its expertise in textile innovation and collaborate on the research and development of smart textiles and wearable technologies.

The company joins a network of 26 industries – from startups to big organizations – including AI and machine learning, aerospace, healthcare, life sciences and telecommunications, as well as retail, media and entertainment.

With the goal of overall advancement of the textile and denim industry through the development of smart and wearable solutions, ISKO is stepping up to lead the change through these technologies and their many possible end-uses. The work is done in compliance with ISKO’s Responsible Innovation™ approach.

ISKO brings its innovative and agile structure, impressive production capacity and textile knowledge to the CSAIL programme which has over 1200 people, 60 research groups, 120+ researchers, 600+ students and over 900+ active projects.

ISKO announces its participation in CSAIL’s Alliances programme, a collaboration with CSAIL researchers, students and industry partners. Through participation in the programme, ISKO will contribute its expertise in textile innovation and collaborate on the research and development of smart textiles and wearable technologies.

The company joins a network of 26 industries – from startups to big organizations – including AI and machine learning, aerospace, healthcare, life sciences and telecommunications, as well as retail, media and entertainment.

With the goal of overall advancement of the textile and denim industry through the development of smart and wearable solutions, ISKO is stepping up to lead the change through these technologies and their many possible end-uses. The work is done in compliance with ISKO’s Responsible Innovation™ approach.

ISKO brings its innovative and agile structure, impressive production capacity and textile knowledge to the CSAIL programme which has over 1200 people, 60 research groups, 120+ researchers, 600+ students and over 900+ active projects.

Source:

ISKO / Menabò Group srl

Dibella's initiative to reduce carbon dioxide emissions (c) Heppner
16.07.2021

Dibella's initiative to reduce carbon dioxide emissions

Dibella's long-standing forwarding partner Hamacher was taken over by the sustainably committed logistics specialist Heppner at the end of 2018. The new constellation takes Dibella another step further in terms of climate-neutral transport: the logistics company, which originates from France, focuses on the environmentally friendly transport of goods and is investing heavily in a carbon dioxide-neutral vehicle fleet.

Dibella's long-standing forwarding partner Hamacher was taken over by the sustainably committed logistics specialist Heppner at the end of 2018. The new constellation takes Dibella another step further in terms of climate-neutral transport: the logistics company, which originates from France, focuses on the environmentally friendly transport of goods and is investing heavily in a carbon dioxide-neutral vehicle fleet.

"With our first sustainability report, we introduced the monitoring of our carbon dioxide emissions. It turned out that the transport of our textiles produces the most climate gases. We have therefore consistently switched to sea freight and almost without exception do not ship goods by air. However, we still see a need for optimisation from the port of Rotterdam to the customer or to our warehouse. After the takeover of our long-standing forwarding partner Hamacher by the logistics specialist Heppner, there is now a breath of fresh air in our climate-friendly delivery initiative. The company is committed to environmentally friendly transports and a low-emission vehicle fleet. Together we now want to look for solutions to make the "last miles" of our deliveries climate gas neutral," says Ralf Hellmann, Managing Director of Dibella.

Departure into a clean future
Spedition Heppner, with its origins in Alsace, is a family-owned company with worldwide operations and 3,320 employees handling more than 72 million freight items annually. More than a decade ago, the logistics specialist began recording the carbon dioxide emissions released by its fleet of vehicles and steadily reducing them by switching to environmentally friendly energy sources. With a mix of gas, bio-fuel and electric drive, the discharge of greenhouse gases caused by the company's trucks is to be reduced by twenty percent by the year 2025. By 2050, the entire fleet should be diesel-free. To achieve a carbon dioxide-neutral footprint, Heppner is also testing hybrid forms of transport (rail, inland waterways, truck) as well as alternative delivery options (cargo bike).

Source:

Dibella GmbH

15.07.2021

Rieter: First half of 2021

  • Order intake of CHF 975.3 million (first half of 2020: CHF 250.7 million).
  • Sales of CHF 400.5 million (first half of 2020: CHF 254.9 million).
  • EBIT of CHF 9.0 million and net profit of CHF 5.3 million

The first half of 2021 has been characterized by a strong market recovery in combination with a regional shift in demand for new machinery and systems. Rieter anticipates a normalization of the demand for new systems in the coming months. The company assumes that spinning mills will continue to work at high-capacity levels.

For the full year, Rieter expects sales to be above CHF 900 million.

The realization of sales from the order backlog continues to be associated with risks in light of bottlenecks in material deliveries and freight capacities as well as the ongoing pandemic in key markets for Rieter.

In recent years, Rieter has implemented its strategy based on the cornerstones of innovation leadership, strengthening the components, spare parts and services businesses, and adjusting cost structures.

  • Order intake of CHF 975.3 million (first half of 2020: CHF 250.7 million).
  • Sales of CHF 400.5 million (first half of 2020: CHF 254.9 million).
  • EBIT of CHF 9.0 million and net profit of CHF 5.3 million

The first half of 2021 has been characterized by a strong market recovery in combination with a regional shift in demand for new machinery and systems. Rieter anticipates a normalization of the demand for new systems in the coming months. The company assumes that spinning mills will continue to work at high-capacity levels.

For the full year, Rieter expects sales to be above CHF 900 million.

The realization of sales from the order backlog continues to be associated with risks in light of bottlenecks in material deliveries and freight capacities as well as the ongoing pandemic in key markets for Rieter.

In recent years, Rieter has implemented its strategy based on the cornerstones of innovation leadership, strengthening the components, spare parts and services businesses, and adjusting cost structures.

Crisis management in the pandemic year of 2020 was aimed at protecting employees, fulfilling customer commitments, ensuring liquidity, and also strengthening the market position for the time after the pandemic as well as retaining the ability to benefit from the incipient market recovery.

The focus for 2021 remains on the implementation of this strategy. The measures for crisis management relating to the protection of employees and fulfilling customer commitments are still in effect in countries that continue to be affected by the pandemic.

The Rieter Board of Directors has approved the implementation of the CAMPUS project. The Rieter CAMPUS comprises a customer and technology center as well as an administration building at the Winterthur location. It will make an important contribution to the implementation of the innovation strategy and to the enhancement of Rieter’s technology leadership position.

Source:

Rieter

Photo: norda: DSMPMPR010
14.07.2021

norda™: Flagship product with DSM’s bio-based Dyneema® fiber

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, confirmed the introduction of the first seamless trail running shoe made with bio-based Dyneema® fiber by norda™, a Canadian shoe brand.

Designed for runners by runners, norda™ was founded under the mission to empower athletes to unlock their peak potential through innovation and cutting-edge technology. The brand’s flagship product, norda™001, utilizes bio-based Dyneema® fiber to enhance performance and sustainability in a lightweight construction.

The shoe upper is seamlessly constructed with Dyneema® fabric, which benefits from the intrinsic properties of Dyneema®, the world’s strongest fiber™. Dyneema® fiber is engineered at the molecular level to provide high strength, low weight, waterproof and breathable properties – fusing the technical performance of ultra-light materials with aesthetic design that does not sacrifice strength or durability.

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, confirmed the introduction of the first seamless trail running shoe made with bio-based Dyneema® fiber by norda™, a Canadian shoe brand.

Designed for runners by runners, norda™ was founded under the mission to empower athletes to unlock their peak potential through innovation and cutting-edge technology. The brand’s flagship product, norda™001, utilizes bio-based Dyneema® fiber to enhance performance and sustainability in a lightweight construction.

The shoe upper is seamlessly constructed with Dyneema® fabric, which benefits from the intrinsic properties of Dyneema®, the world’s strongest fiber™. Dyneema® fiber is engineered at the molecular level to provide high strength, low weight, waterproof and breathable properties – fusing the technical performance of ultra-light materials with aesthetic design that does not sacrifice strength or durability.

In addition to the increased foot stability and wearer comfort of the upper, Dyneema® fibers are also used to increase abrasion resistance and stretch in the shoe laces – providing four times the level of strength when compared to standard lace materials like nylon and polyester.

“When we set out to create the norda™ 001, our mission was to design an ultra-strong and durable high performance trail running shoe, and do it as sustainably as possible,” states Willamina and Nick Martire, Co-Founders, norda™. “To achieve our goal, we had to look outside of the standard materials used by the footwear industry. We realized the properties of bio-based Dyneema® beat everything available today.”

In line with DSM’s commitment to protect people and the environment they live in, bio-based Dyneema® boasts the same exact performance as conventional Dyneema® with a carbon footprint that is 90 percent lower than generic HMPE. Sourced from renewable, bio-based feedstock, DSM’s latest advancement in fiber technology uses the mass balance approach to further reduce the reliance on fossil fuel based resources, while still contributing to a more circular economy.

Source:

EMG for DSM

(c) Autoneum
14.07.2021

Autoneum: Carpets even more eco-friendly

Autoneum carpet systems already meet high standards of sustainable mobility due to their high content of recycled fibers. Thanks to an alternative backcoating (ABC) process, Autoneum carpets are now becoming even more environmentally friendly: By replacing the latex commonly used in standard backcoatings with thermoplastic material, the recyclability of carpets at the end of product life is further  improved. In addition, the innovative manufacturing process greatly reduces water and energy consumption and thus CO2 emissions in production.

Autoneum carpet systems already meet high standards of sustainable mobility due to their high content of recycled fibers. Thanks to an alternative backcoating (ABC) process, Autoneum carpets are now becoming even more environmentally friendly: By replacing the latex commonly used in standard backcoatings with thermoplastic material, the recyclability of carpets at the end of product life is further  improved. In addition, the innovative manufacturing process greatly reduces water and energy consumption and thus CO2 emissions in production.

Lightweight, textile-based carpet technologies such as Di-Light or Relive-1 significantly improve the environmental performance of carpets. For example, Di-Light-based carpets consist of up to 97% recycled PET; aside from that, they are around 20% lighter than conventional needlepunch carpets, thus contributing to lower fuel consumption and CO2 emissions from vehicles. In addition, Autoneum needlepunch carpets are now even more sustainable thanks to the innovative ABC process, which uses a thermoplastic adhesive instead of latex in the backcoating: Unlike latex, thermoplastic adhesives can be heated and melted down together with the carpet components made of pure PET at the end of the product life cycle, which facilitates recycling considerably. Furthermore, since the fibers of the thermoplastic mono-material are easier to open, carpet cut-outs can be reclaimed more easily, thereby reducing the consumption of natural resources as well as waste volumes and thus CO2 emissions. The environmental  performance of Autoneum’s needlepunch carpets, which already contain a high proportion of recycled PET, is thus further improved.

Moreover, backcoatings without latex improve the sustainability of carpets not only thanks to better recyclability at the end of the product life cycle. Since the application of the thermoplastic adhesive using the innovative ABC process consumes significantly less energy than the production of latexbased backcoatings and does not require any water at all, the environmental impact can already be minimized in the manufacturing process. Additionally, thermoplastic adhesives developed in-house by Autoneum will open up new possibilities in the future for adapting backcoatings to the individual needs of vehicle manufacturers in terms of their acoustic performance, stiffness and abrasion resistance.

Models from various customers in Europe and North America are already equipped with latex-free needlepunch carpets from Autoneum. In the near future, backcoatings with thermoplastic adhesives will also be used for Autoneum’s tufted carpets. Production of the new, even more sustainable generation of tufted carpets is scheduled to start in early 2022.

(c) Teijin Limited
13.07.2021

Teijin: Carbon Fiber Products Operations in Vietnam

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

Increasingly strict environmental measures and the upgrading of environmental frameworks, such as sustainable development goals (SDGs) and the Paris Agreement, are expected to stimulate greater use of lightweight and highly rigid carbon fiber. Demands are growing in Asia, especially in the fields of sports and outdoor activities, industry and aerospace. COVID-19, for example, has led to new trends in sports and outdoor activities, such as renewed interest in fishing due its compatibility with social-distancing protocols.

Source:

Teijin Limited

13.07.2021

SGL Carbon SE: Preliminary sales and earnings figures for the first half of the year

  • Forecast raised for 2021

Based on the encouraging business performance in the first half of 2021 and the transformation successes, SGL Carbon expects strong Group results for the first six months of 2021 and raises its guidance for fiscal year 2021.

The company expects to exceed the upper end of the stated range of its Group EBITDA pre1 guidance (earnings before interest, taxes and depreciation adjusted by non-recurring items and one-time effects) for fiscal year 2021 of EUR 100 to 120 million and raises the EBITDA pre guidance for 2021 to EUR 130 –140 million.

SGL Carbon's sales forecast is also increased slightly to approximately EUR 1.0 billion for the current fiscal year, up from EUR 920 – 970 million originally. The company expects free cash flow for the full year to be correspondingly above the forecast of EUR 20 million given at the beginning of the year. A slightly positive consolidated net result is also predicted for 2021.

  • Forecast raised for 2021

Based on the encouraging business performance in the first half of 2021 and the transformation successes, SGL Carbon expects strong Group results for the first six months of 2021 and raises its guidance for fiscal year 2021.

The company expects to exceed the upper end of the stated range of its Group EBITDA pre1 guidance (earnings before interest, taxes and depreciation adjusted by non-recurring items and one-time effects) for fiscal year 2021 of EUR 100 to 120 million and raises the EBITDA pre guidance for 2021 to EUR 130 –140 million.

SGL Carbon's sales forecast is also increased slightly to approximately EUR 1.0 billion for the current fiscal year, up from EUR 920 – 970 million originally. The company expects free cash flow for the full year to be correspondingly above the forecast of EUR 20 million given at the beginning of the year. A slightly positive consolidated net result is also predicted for 2021.

Previously, the company had assumed a consolidated net result of between EUR -20 million and EUR 0. According to preliminary figures, SGL Carbon expects Group sales for H1 2021 of around EUR 496 million (H1 2020: EUR 456.5 million). This corresponds to an increase of around 9% compared to the same period of the previous year. Based on the sales increase and the cost effects achieved from the transformation, EBITDA pre (EBITDA before non-recurring items and one-time effects) increased to around EUR 72 million in the first six months of 2021 (H1 2020: EUR 42.0 million).

The updated forecast for fiscal 2021 has been prepared on the basis of the prevailing market environment and assumes no deterioration in conditions due to the corona pandemic. In particular, it is based on the assumption that purchasing prices and logistics chains remain stable and production lines remain in operation. The communicated medium-term targets up to 2025 remain unaffected by the forecast adjustment. SGL Carbon will release its 2021 half-year figures as planned on August 12, 2021.

More information:
SGL Carbon SGL Carbon SE
Source:

SGL Carbon SE

Checkpoint Systems: RFID-Lösungen für LPP (c) LPP
13.07.2021

Checkpoint Systems: RFID-Lösungen für LPP

Das polnische Einzelhandelsunternehmen LPP mit den Bekleidungsmarken Reserved, Cropp, House, Mohito und Sinsay hat in mehr als 450 Geschäften gemeinsam mit Checkpoint Systems RFID-Technologie implementiert, weitere 900 sind in Vorbereitung. Seitdem konnten der Umsatz um drei Prozent gesteigert, die Bestandsgenauigkeit sowie die Regalverfügbarkeit auf 99 Prozent erhöht und die Dauer des Kassiervorgangs um durchschnittlich 70 Prozent reduziert werden. Auch während der pandemiebedingten Ladenschließungen zeigten sich die Vorteile der RFID-Lösungen von Checkpoint Systems bei der Umstellung auf den reinen Online-Verkauf.

Checkpoint Systems entwickelte einen dualen RF- und RFID-Tag, der sich harmonisch in die Ästhetik und das Gesamtdesign der Läden von LPP einfügte, ohne dass dies zu Verzögerungen für den straffen Gesamtzeitplan sorgte. Mit diesem für LPP gestalteten dualen Tag wurden alle Kleidungsstücke bereits an der Quelle gekennzeichnet (in Zusammenarbeit mit den Lieferanten von LPP), während parallel zwei Distributionszentren in unter einem Jahr mit 30 RFID-Tunnels ausgestattet wurden, die diese Tags lesen und kodieren können.

Das polnische Einzelhandelsunternehmen LPP mit den Bekleidungsmarken Reserved, Cropp, House, Mohito und Sinsay hat in mehr als 450 Geschäften gemeinsam mit Checkpoint Systems RFID-Technologie implementiert, weitere 900 sind in Vorbereitung. Seitdem konnten der Umsatz um drei Prozent gesteigert, die Bestandsgenauigkeit sowie die Regalverfügbarkeit auf 99 Prozent erhöht und die Dauer des Kassiervorgangs um durchschnittlich 70 Prozent reduziert werden. Auch während der pandemiebedingten Ladenschließungen zeigten sich die Vorteile der RFID-Lösungen von Checkpoint Systems bei der Umstellung auf den reinen Online-Verkauf.

Checkpoint Systems entwickelte einen dualen RF- und RFID-Tag, der sich harmonisch in die Ästhetik und das Gesamtdesign der Läden von LPP einfügte, ohne dass dies zu Verzögerungen für den straffen Gesamtzeitplan sorgte. Mit diesem für LPP gestalteten dualen Tag wurden alle Kleidungsstücke bereits an der Quelle gekennzeichnet (in Zusammenarbeit mit den Lieferanten von LPP), während parallel zwei Distributionszentren in unter einem Jahr mit 30 RFID-Tunnels ausgestattet wurden, die diese Tags lesen und kodieren können.

Kassiervorgang beschleunigt
Obwohl die weltweite Implementierung noch läuft, ist bereits klar, dass die ursprünglichen Ziele des Projekts erreicht und übertroffen wurden. Bei den schon mit RFID-Technologie ausgestatteten Geschäften liegt die Regalverfügbarkeit bei 99 Prozent. Das ist eine Steigerung von circa 13 Prozent gegenüber dem Projektbeginn. Auch die Bestandsgenauigkeit liegt bei 99 Prozent. Die Dauer des Kassiervorgangs konnte im Durchschnitt um 70 Prozent reduziert werden. Bereits beim Entfernen der Sicherungsetiketten, die mit RFID-Tags ausgestattet sind, werden die Produktinfos und der Preis an die Kasse übertragen – so entfällt das separate Einscannen der Barcodes. Von dieser Zeitersparnis profitieren auch die Kund*innen im Geschäft. Darüber hinaus konnte LPP seit der Einführung der Technologie einen Umsatzanstieg von drei Prozent verzeichnen. Die Technologie von Checkpoint Systems ermöglicht es durch die Analyse von Topsellern auch, den Bestand genauer auf die Bedürfnisse der einzelnen Filialen hin zuzuschneiden. Wichtig war LPP zudem das Thema Nachhaltigkeit: Alle Hard-Tags von Checkpoint Systems sind innerhalb der Lieferkette wiederverwendbar.

Reibungslose Umstellung auf den Onlinehandel
Während der Implementierungsprozess in vollem Gang war, brachte die Covid-19-Pandemie den stationären Einzelhandel zum Stillstand. Für LPP erwies sich die Umstellung auf den reinen Onlinehandel dank der RFID-Technologie als unkompliziert. Durch die verbesserten Abläufe in den Distributionszentren sowie die Bestandsgenauigkeit von 99 Prozent verlief die Umstellung auf einen reinen Online-Verkauf vergleichweise reibungslos.
Der Einsatz von RFID-Lösungen von Checkpoint Systems wird bei LPP ausgebaut. In Planung sind etwa der Ausbau von Omnichannel-Strategien und intelligente Umkleidekabinen.

12.07.2021

SUPREME GREEN COTTON® in the latest Collections of three Brands

SUPREME GREEN COTTON®, the water-saving smart-tech yarn by Varvaressos has been chosen by Diesel, Champ Blanc and Muntagnard, and won the Gold Award at the Greek Exports Forum & Awards 2020.

Thanks to a pioneering satellite-powered drip irrigation system, SUPREME GREEN COTTON® saves up to 40% of water. The range of yarns is entirely Made in Europe and comes with influential sustainable verifications. The MADE IN GREEN by OEKO-TEX® label guarantees that the yarns have been tested for harmful substances and manufactured using sustainable processes under socially responsible working conditions in accordance with STeP by OEKO-TEX®. Complete transparency and traceability are guaranteed throughout the whole production and supply chain by the unique diafania SI platform, powered via blockchain technology.

Global clothing and lifestyle Italian premium jeans brand Diesel stands out for its unique mindset and sustainable imprint. That’s why it chose SUPREME GREEN COTTON® for its collection ‘Green Label’ and ‘NightCrush’ as well as its ‘Malign’ jersey T-shirts, available in two different colours and prints.

SUPREME GREEN COTTON®, the water-saving smart-tech yarn by Varvaressos has been chosen by Diesel, Champ Blanc and Muntagnard, and won the Gold Award at the Greek Exports Forum & Awards 2020.

Thanks to a pioneering satellite-powered drip irrigation system, SUPREME GREEN COTTON® saves up to 40% of water. The range of yarns is entirely Made in Europe and comes with influential sustainable verifications. The MADE IN GREEN by OEKO-TEX® label guarantees that the yarns have been tested for harmful substances and manufactured using sustainable processes under socially responsible working conditions in accordance with STeP by OEKO-TEX®. Complete transparency and traceability are guaranteed throughout the whole production and supply chain by the unique diafania SI platform, powered via blockchain technology.

Global clothing and lifestyle Italian premium jeans brand Diesel stands out for its unique mindset and sustainable imprint. That’s why it chose SUPREME GREEN COTTON® for its collection ‘Green Label’ and ‘NightCrush’ as well as its ‘Malign’ jersey T-shirts, available in two different colours and prints.

Thee Swiss brand Muntagnard believes in «sustainability» as a powerful lever for innovative solutions for people who go their own way and think outside the box to advance sustainable development. Muntagnard rethinks textiles - from the sewing thread to the label – selecting only sustainable materials and minimizing the use of plastic to the bone while seeking sensible, biodegradable textile alternatives. The MANGOLA collection of T-sets is 100% made of SUPREME GREEN COTTON®.

CHAMP BLANC is a responsible French brand renown for its ready-to-wear men clothing and for its strong commitment to traceability. The brand has been working for nearly 8 months on the design of the "Traceable T-shirt" made of 100% SUPREME GREEN COTTON®. The result is a high quality and finishing t-shirt to make it last. By relying on existing technologies, the entire production chain is traceable and can be discover thanks a QR-code on the label.

SUPREME GREEN COTTON® has also been bestowed with the influential Gold Award in the “Top Branded Export Product” category of the Greek Exports Forum & Awards 2020

Source:

Varvaressos / GB Network Marketing & Communication

08.07.2021

NDC Green by Nastrificio di Cassano: Responsible and certified labels and tags

100% sustainability lives in the smallest detail, starting with the label, the only element that can tell the story of responsibility. This is exactly why, to be a truly credible 'ambassador', the label or tag must itself be responsible. This is why Nastrificio di Cassano has created NDC Green, the premium, Made in Italy and fully traceable range that guarantees the highest quality standards while respecting the planet.

NDC Green comprises 4 categories, all with influential international certifications that attest to Nastrificio di Cassano's responsible imprinting. Many new sustainability values are woven into the collection. Particular attention is given to end-of-life, but also to the choice of natural and high-tech materials with a low environmental impact.

100% sustainability lives in the smallest detail, starting with the label, the only element that can tell the story of responsibility. This is exactly why, to be a truly credible 'ambassador', the label or tag must itself be responsible. This is why Nastrificio di Cassano has created NDC Green, the premium, Made in Italy and fully traceable range that guarantees the highest quality standards while respecting the planet.

NDC Green comprises 4 categories, all with influential international certifications that attest to Nastrificio di Cassano's responsible imprinting. Many new sustainability values are woven into the collection. Particular attention is given to end-of-life, but also to the choice of natural and high-tech materials with a low environmental impact.

A wide choice that speaks of responsible innovation, beauty and functionality: characteristics that have led C.L.A.S.S. (www.classecohub.org) to integrate NDC Green into its Material Hub which "contains a selection of fibres, materials and fabrics that share a DNA linked to research that since 2007 has been raising the bar of standards in order to offer innovations in step with the demands of the contemporary consumer" says Giusy Bettoni CEO of C.L.A.S.S.
NDC Green includes:

  • LABìO ECO-SOFT®: made using compostable and biodegradable ingredients (as attested by TUV Austria), this product boasts performances and is resistant up to 10 domestic washings at 30°. The reference is produced with fifteen times less water consumption than cotton production and the resins used are GOTS certified.
  • LABìO HANGreen is the smart solution for the creation of hard tags, hangtags, shopping bags and garment covers and, as LABIO ECO-SOFT® range, it made with  compostable and biodegradable ingredients as certified by TUV Austria and the resin is compostable, too. These peculiarities make this product unique.
  • ACETATE NAIA™, the 'smart satin' that respects forests and oceans, is the NAIA™ single-ingredient solution produced by Eastman: the 100% traceable, compostable and biodegradable cellulose yarn in both soil and sea respects the natural growth rate of forests.
  • RECYCLED POLYESTER: is made from post-consumer yarn recycled from GRS-certified PET bottles. Available in both satin and resinated taffeta versions, it guarantees excellent printability for an elegant and sophisticated look.
Source:

GB Network Marketing & Communication for C.L.A.S.S.

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.

Hexcel showcases Carbon Fiber Prepreg Capability for UAV Applications (c) Hexcel Corporation
07.07.2021

Hexcel showcases Carbon Fiber Prepreg Capability for UAV Applications

Hexcel, a global leader in advanced composites technologies, announces the successful maiden flight of a lightweight camera drone, developed using Hexcel HexPly® carbon fiber prepregs. The composite drone was developed by a team of students from the University of Applied Sciences Upper Austria in Wels with composite materials supplied by Hexcel Neumarkt in Austria.

A team of six students in the university’s lightweight construction and composite materials course was responsible for the complete design, engineering, and manufacture of the camera drone over a period of 18 months. Hexcel materials and optimization of the composite engineering enabled the team to reduce the composite structural mass by an impressive 42% compared to similar drones.

Hexcel, a global leader in advanced composites technologies, announces the successful maiden flight of a lightweight camera drone, developed using Hexcel HexPly® carbon fiber prepregs. The composite drone was developed by a team of students from the University of Applied Sciences Upper Austria in Wels with composite materials supplied by Hexcel Neumarkt in Austria.

A team of six students in the university’s lightweight construction and composite materials course was responsible for the complete design, engineering, and manufacture of the camera drone over a period of 18 months. Hexcel materials and optimization of the composite engineering enabled the team to reduce the composite structural mass by an impressive 42% compared to similar drones.

Hexcel Neumarkt was one of eight industrial partners supporting the university team throughout the project, providing all carbon fiber prepreg materials used for the drone’s landing gear as well as the fuselage. The ultra-lightweight 32g landing gear was laid up and cured in the press, whereas the fuselage was autoclave cured by the student team using Hexcel HexPly M901 and HexPly M78.1 prepreg resin systems with a combination of woven and unidirectional carbon fiber reinforcements.

With the development of Unmanned Aerial Vehicles (UAV) as a key emerging market and innovation space in the transportation sector, Hexcel’s collaboration with the University of Applied Sciences Upper Austria team not only creates an important link with the next generation of lightweight composite engineers but also highlights the weight saving and structural benefits of Hexcel composite material solutions.

"The massive weight saving achieved with their updated version of the camera drone is a fantastic achievement by the student team," said Michael Rabl, Dean of FH Wels of the Upper Austria University of Applied Sciences. "The joint study not only illustrates the wide range of complex and innovative composite techniques present in the drone sector but also presents the opportunities that exist for further development in the wider Urban Air Mobility (UAM) and aerospace composites markets.”

Hexcel congratulates the project team which includes Lukas Weninger, Karl-Heinz Schneider, Jakob Schlosser, Matthias Thon, Marla Unter, and Simone Hartl on an exceptional piece of lightweight composite design and thanks them for showcasing the contribution of Hexcel materials with a presentation and drone flight. Johanna Arndt, research and technology group leader at Hexcel Neumarkt, said, “It was a great pleasure to work with the team who were very cooperative and self-motivated to succeed. Watching the drone just fly around the Neumarkt plant was just great.”

Hexcel manufactures a complete range of carbon fibers, dry carbon UD tapes, specialty reinforcements, prepregs, and honeycomb core materials, providing customized manufacturing options for new UAM applications that combine aerospace reliability with the high-rate production required. Hexcel composite materials are the ideal solution for the lightest and most efficient cost-competitive transportation vehicles of the future.

Source:

Hexcel Corporation / 100% Marketing

Iluna Group brings to Milano Unica a new generation of responsible quality (c) ILUNA Group
06.07.2021

Iluna Group brings to Milano Unica a new generation of responsible quality

Iluna Group comes back to Milano Unica with a great and important goal: to relaunch the qualities and dimensions of sustainability by going beyond the ingredient.

Iluna’s new path, which was born in a moment when the market seems to speak about “fragility”, begins with the investment in the renewal of machines, which allow it to fly ever higher in terms of high-tech developments, quality, definition, effects of yarns and patterns. The journey into the new dimension of responsible quality continues with ad hoc developments in the field of GRS (Global Recycled Standard) certified recycled yarns, aimed at unprecedented effects both in look, in performance and in the hands of fabrics. Including cord yarn, shiny threads and an expansion of the range of GRS yarns, previously available only opaque. The cord yarn is a precious yarn with a ROICA™ EF premium stretch yarn core, GRS certified and developed with 50% of pre-consumer waste materials content - double, covered with an equally recycled shiny thread; the bright and translucent is instead to add brilliant effects so far not possible with a GRS yarn.

Iluna Group comes back to Milano Unica with a great and important goal: to relaunch the qualities and dimensions of sustainability by going beyond the ingredient.

Iluna’s new path, which was born in a moment when the market seems to speak about “fragility”, begins with the investment in the renewal of machines, which allow it to fly ever higher in terms of high-tech developments, quality, definition, effects of yarns and patterns. The journey into the new dimension of responsible quality continues with ad hoc developments in the field of GRS (Global Recycled Standard) certified recycled yarns, aimed at unprecedented effects both in look, in performance and in the hands of fabrics. Including cord yarn, shiny threads and an expansion of the range of GRS yarns, previously available only opaque. The cord yarn is a precious yarn with a ROICA™ EF premium stretch yarn core, GRS certified and developed with 50% of pre-consumer waste materials content - double, covered with an equally recycled shiny thread; the bright and translucent is instead to add brilliant effects so far not possible with a GRS yarn.

The printing processes are also born from this constant search for innovation towards new materials and new techniques, becoming more and more sustainable: Global Recycle Standard (GRS)-certified sublimation printing and register printing carrying Global Organic Textile Standard (GOTS) certification. This one overlap exactly on the design and color the details, reaching where the dye cannot reach.

Diversification has become essential in today’s competitive market and the fragility of the moments experienced in 2020 was the stimulus to return to being here again, to return to action. Flexibility is the watchword today, along with research. And Iluna has managed to go further: starting from the ingredients at the base of the materials, last year launched a collection with natural dyes made with GOTS certified plant-based dyes, up to proposing magnificent prints with extraordinary effects for this edition of the Milanese fair.

The three dimensions of sustainability, design and innovation are thus finally linked thanks to valuable partnerships with expert and excellent reference companies that have allowed these new developments and these unique results thanks to advanced technologies designed specifically for Iluna, which is today the only company to offer ingredients, natural colors and prints, all three strictly certified.

06.07.2021

ISKO invests in Green Technology for Recycling Solution

ISKO and textile research and development company HKRITA are proud to announce a licensing agreement for HKRITA’s award-winning, revolutionary Green Machine – a one-of-a-kind technology that fully separates and recycles cotton and polyester blends at scale.

The technology is still in the pilot stage, but is an additional step in ISKO’s drive to improve and commercialize recycling technologies which will eventually enable the company to offer a 100% post-consumer recycling solution to all of its customers. In addition, ISKO and HKRITA will work together to develop related technology, further strengthening the company’s position in sustainability.

The Green Machine uses an innovative and ultra-efficient hydrothermal treatment method that decomposes cotton into cellulose powders and enables the separation of polyester fibres from blended fabrics. The process is a closed loop and uses only water, heat and less than 5% biodegradable green chemicals. Crucially, this method does not damage the polyester fibres and therefore maintains their quality; the cellulose powders, which are clean and toxic-free, can be used in a variety of ways.

ISKO and textile research and development company HKRITA are proud to announce a licensing agreement for HKRITA’s award-winning, revolutionary Green Machine – a one-of-a-kind technology that fully separates and recycles cotton and polyester blends at scale.

The technology is still in the pilot stage, but is an additional step in ISKO’s drive to improve and commercialize recycling technologies which will eventually enable the company to offer a 100% post-consumer recycling solution to all of its customers. In addition, ISKO and HKRITA will work together to develop related technology, further strengthening the company’s position in sustainability.

The Green Machine uses an innovative and ultra-efficient hydrothermal treatment method that decomposes cotton into cellulose powders and enables the separation of polyester fibres from blended fabrics. The process is a closed loop and uses only water, heat and less than 5% biodegradable green chemicals. Crucially, this method does not damage the polyester fibres and therefore maintains their quality; the cellulose powders, which are clean and toxic-free, can be used in a variety of ways.

The investment in this new technology is the latest in ISKO’s ongoing drive for advancements in sustainability. As part of the company’s R-TWO™ programme, it is also working to develop fabrics with a guaranteed minimum 50%+ GRS (Global Recycle Standard) recycled content blend. This will significantly reduce the carbon and water footprint of a fabric, as well as make it easy for consumers to trace a garment’s sustainable journey step-by-step from the beginning of the supply chain through to the end product they purchase.

Source:

ISKO / Menabò Group

ISKO launches ISKO™ World (c) ISKO, SANKO TEKSTIL
05.07.2021

ISKO launches ISKO™ World

ISKO, a leading denim ingredient brand, launches the first phase of ISKO™ World – a virtual reality experience that serves as a new and engaging way of widely communicating ISKO’s company vision, its vast collection of products and technologies, as well as its brand values.

Designed to emulate the look and feel of a traditional sales showroom, ISKO™ World is an additional, informative resource for all ISKO website visitors, as well as the company’s sales and marketing teams to use when meeting with current and new and future partners. It can be used as an educational space to explore, interact with and learn about the latest collection or initiatives. In particular, there is a room dedicated to ISKO’s ongoing commitment to Responsible Innovation™, with detailed information about how the company is approaching its environmental and social responsibilities throughout every aspect of the business.

ISKO, a leading denim ingredient brand, launches the first phase of ISKO™ World – a virtual reality experience that serves as a new and engaging way of widely communicating ISKO’s company vision, its vast collection of products and technologies, as well as its brand values.

Designed to emulate the look and feel of a traditional sales showroom, ISKO™ World is an additional, informative resource for all ISKO website visitors, as well as the company’s sales and marketing teams to use when meeting with current and new and future partners. It can be used as an educational space to explore, interact with and learn about the latest collection or initiatives. In particular, there is a room dedicated to ISKO’s ongoing commitment to Responsible Innovation™, with detailed information about how the company is approaching its environmental and social responsibilities throughout every aspect of the business.

Every product on display has been fully rendered as opposed to using 360° photography to make the site scalable and easy to update with fresh, new content on a regular basis. ISKO will continue to develop and add new rooms and functionalities to the site with the aim of positioning ISKO™ World as an indispensable part of the ISKO experience for visitors. The site was created in collaboration with Like Digital & Partners and Moyosa media, experts in creating digital experiences, and is designed for use on desktop or mobile devices.

More information:
Isko ISKO™ World digital Denim
Source:

ISKO / Menabò Group

05.07.2021

Infinited Fiber Company raises EUR 30 million from new Investors

Circular fashion and textile technology group Infinited Fiber Company has secured investments totaling 30 million euros in its latest financing round completed on June 30. The round also brought Infinited Fiber Company new investors, including sportswear company adidas, Invest FWD A/S, which is BESTSELLER’s investment arm for sustainable fashion, and investment company Security Trading Oy. Among the existing investors contributing to this round of financing were fashion retailer H&M Group, who was the lead investor, investment company Nidoco AB, and Sateri, the world’s largest viscose producer and a member of the RGE group of companies.

Circular fashion and textile technology group Infinited Fiber Company has secured investments totaling 30 million euros in its latest financing round completed on June 30. The round also brought Infinited Fiber Company new investors, including sportswear company adidas, Invest FWD A/S, which is BESTSELLER’s investment arm for sustainable fashion, and investment company Security Trading Oy. Among the existing investors contributing to this round of financing were fashion retailer H&M Group, who was the lead investor, investment company Nidoco AB, and Sateri, the world’s largest viscose producer and a member of the RGE group of companies.

This securement of new funding follows Infinited Fiber Company’s April announcement of plans to build a flagship factory in Finland in response to the strong growth in demand from global fashion and textile brands for its regenerated textile fiber Infinna™. The factory, which will use household textile waste as raw material, is expected to be operational in 2024 and to have an annual production capacity of 30,000 metric tons. The new funding enables Infinited Fiber Company to carry out the work needed to prepare for the flagship factory investment and to increase production at its pilot facilities in the years leading to 2024.

“We are really happy to welcome our new investors and grateful for the continued support from our older investors,” said Infinited Fiber Company co-founder and CEO Petri Alava. “These new investments enable us to proceed at full speed with the pre-engineering, environmental permits, and the recruitment of the skilled professionals needed to take our flagship project forward. We can now also boost production at our pilot facilities so that we can better serve our existing customers and grow our customer-base in preparation for both our flagship factory and for the future licensees of our technology.”

H&M Group is one of Infinited Fiber Company’s earliest investors. They first invested in Infinited Fiber Company in 2019.

H&M Group has also signed a multiyear sales deal with Infinited Fiber Company to secure its access to agreed amounts of Infinna from the planned flagship factory.

New investor BESTSELLER has struck a similar sales deal with Infinited Fiber Company.

In addition to strong interest by global fashion leaders, the technology has significant promise for major textile fiber producers. Allen Zhang, President of Sateri, said: “Sateri is excited to continue to invest in and collaborate with Infinited Fiber Company as part of our long-term commitment towards closed-loop, circular and climate-positive cellulosic fibers. This financing round marks a major milestone for our collaboration in scaling up next-generation fiber solutions.”

Infinited Fiber Company’s flagship plant preparations are also proceeding on other fronts. Several Nordic and international investment banks have given Infinited Fiber Company proposals on the financing options for the investment.

Infinited Fiber Company’s technology turns cellulose-based raw materials, like cotton-rich textile waste, into Infinna, a unique, premium-quality regenerated textile fiber with the natural, soft look and feel of cotton. Infinna is biodegradable and contains no microplastics, and at the end of their life, garments made with it can be recycled in the same process together with other textile waste.

Source:

Infinited Fiber Company

05.07.2021

Sateri continues its collaboration with Infinited Fiber Company

Sateri, one of the world’s largest viscose producers and a member of the RGE group of companies, continues its collaboration with Infinited Fiber Company, a textile fibre technology group based out of Finland, and participated in the company’s latest EUR30 million funding round completed on 30 June 2021. In addition to existing investors like Sateri, Infinited Fiber Company has attracted new investors including adidas and BESTSELLER.

Sateri, one of the world’s largest viscose producers and a member of the RGE group of companies, continues its collaboration with Infinited Fiber Company, a textile fibre technology group based out of Finland, and participated in the company’s latest EUR30 million funding round completed on 30 June 2021. In addition to existing investors like Sateri, Infinited Fiber Company has attracted new investors including adidas and BESTSELLER.

This securement of new funding follows Infinited Fiber Company’s April announcement of plans to build a flagship factory in Finland in response to the strong growth in demand from global fashion and textile brands for its regenerated textile fibre Infinna™. The factory, which will use household textile waste as raw material, is expected to be operational in 2024 and to have an annual production capacity of 30,000 metric tons. The new funding enables Infinited Fiber Company to carry out the work needed to prepare for the flagship factory investment and to increase production at its pilot facilities in the years leading to 2024. The engineering progress supported by the additional funds also accelerates Infinited Fiber Company’s ongoing collaboration and potential technology licensing with Sateri.

Sateri strategically contributes to RGE’s commitment and strategic business direction. Sateri has developed and produced a diverse range of circular and sustainable products including Lyocell and FINEX™, which is made from recycled textile waste. The in-house R&D efforts and the investment in Infinited Fiber Company are part of RGE’s $200 million investment commitment to advance next-generation textile fibre innovation and technology.

Source:

Sateri / Omnicom Public Relations Group