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(c) Lenzing AG
01.06.2023

Lenzing celebrates 40th anniversary of LENZING™ Acetic Acid Biobased

Lenzing Group, a global producer of wood-based specialty fibers, is celebrating the 40th anniversary of its biorefinery and co-product brand LENZING™ Acetic Acid Biobased. The brand was first introduced on May 4, 1983, and has since become one of the leading and most trusted biobased acetic acid providers.

Over the past 40 years, LENZING™ Acetic Acid Biobased, which has a reduced carbon footprint that is 85% lower than that of fossil-based acetic acid, has continued to gain trust and support from customers. Specialty chemical company Evonik, and food production company Speyer & Grund Group, have been incorporating LENZING™ Acetic Acid Biobased in the production of their products since 1983. LENZING™ Acetic Acid Biobased has also been in high demand from the hygiene industry during the COVID-19 pandemic as an all-purpose cleaning agent in conventional and green products.

Lenzing Group, a global producer of wood-based specialty fibers, is celebrating the 40th anniversary of its biorefinery and co-product brand LENZING™ Acetic Acid Biobased. The brand was first introduced on May 4, 1983, and has since become one of the leading and most trusted biobased acetic acid providers.

Over the past 40 years, LENZING™ Acetic Acid Biobased, which has a reduced carbon footprint that is 85% lower than that of fossil-based acetic acid, has continued to gain trust and support from customers. Specialty chemical company Evonik, and food production company Speyer & Grund Group, have been incorporating LENZING™ Acetic Acid Biobased in the production of their products since 1983. LENZING™ Acetic Acid Biobased has also been in high demand from the hygiene industry during the COVID-19 pandemic as an all-purpose cleaning agent in conventional and green products.

Pioneering a carbon neutral future in the biorefinery segment with a new offering
To mark the important occasion, Lenzing will introduce its first carbon neutral LENZING™ Acetic Acid Biobased to meet the growing sustainability needs of industries which predominately rely on fossil-based materials. Similar to the standard LENZING™ Acetic Acid Biobased, the carbon neutral LENZING™ Acetic Acid Biobased is produced using sustainably sourced beech wood as a universal replacement for non-renewable raw materials such as crude oil. By calculating, reducing and offsetting emissions during production processes, this expansion will create a more sustainable supply chain with highly functional products across various industries. From now on, Lenzing customers across the food, pharmaceutical, cosmetics, chemical and textile industries will be able to choose between carbon neutral and reduced carbon footprint acetic acid products.

Advancing circularity and carbon neutrality through efficient use of valuable resources
Lenzing’s biorefinery concept ensures that 100% of wood components are used to produce pulp for Lenzing’s botanic fibers, biorefinery products, as well as bioenergy, which is used to power Lenzing’s facilities. This makes Lenzing’s biorefinery sites almost fully energy self-sufficient to remain as carbon neutral as possible. To ensure a low carbon footprint, rail transportation is the preferred means for transporting LENZING™ biorefinery products, with trucks being leveraged in regions where rail transportation is not available.

Together with ClimatePartner, a recognized global leader in the design, development, and delivery of corporate climate action programs, Lenzing strives to reduce carbon emissions to net-zero through a mix of higher production efficiencies, use of renewable energy sources, low-carbon materials, and the dedicated support of an external nature-based carbon removal project. For instance, to offset remaining carbon emissions that cannot be reduced, Lenzing works with ClimatePartner to support and finance the switch to biomass as an energy source at a ceramic factory in Kitambar in northeastern Brazil. Using natural waste materials, like coconut shells, as renewable biomass for its energy production, the factory is able to produce roof tiles in a more climate-friendly way while saving on carbon emissions. Besides contributing to the fuel switch, the project also helps to reduce the deforestation rate in Brazil and avoid methane emissions that could result from the uncontrolled rotting of biomass.

More information:
Lenzing biobased acetic acid
Source:

Lenzing Group

Photo: Naturopera
22.05.2023

ANDRITZ converting line for baby diapers at Naturopera, France

International technology group ANDRITZ has successfully delivered, installed, and commissioned a converting line for manufacturing baby diapers at Naturopera’s new plant in Bully Les Mines, France.

The eXcelle converting line from ANDRITZ Diatec features special technology to produce both traditional and bio-based baby diapers, supporting Naturopera in its efforts to become a leading producer of a new generation of sustainable diapers.

While most diapers available on the market consist of 70% fossil-based plastic, Naturopera is preparing to produce diapers made of 90% bio-based raw materials. This groundbreaking diaper concept was developed in a close collaboration between Naturopera and ANDRITZ. It replaces the traditional spunbond and meltblown nonwoven layers with spunlace nonwovens mostly made of natural fibers. A prototype of the 90% bio-based diaper was recently produced at Bully Les Mines.

International technology group ANDRITZ has successfully delivered, installed, and commissioned a converting line for manufacturing baby diapers at Naturopera’s new plant in Bully Les Mines, France.

The eXcelle converting line from ANDRITZ Diatec features special technology to produce both traditional and bio-based baby diapers, supporting Naturopera in its efforts to become a leading producer of a new generation of sustainable diapers.

While most diapers available on the market consist of 70% fossil-based plastic, Naturopera is preparing to produce diapers made of 90% bio-based raw materials. This groundbreaking diaper concept was developed in a close collaboration between Naturopera and ANDRITZ. It replaces the traditional spunbond and meltblown nonwoven layers with spunlace nonwovens mostly made of natural fibers. A prototype of the 90% bio-based diaper was recently produced at Bully Les Mines.

The ANDRITZ converting machine operating at Naturopera is highly flexible, taking just a few settings to switch to the production of bio-based diapers. It is designed for a multiple-size process, features an operator-friendly interface, and guarantees a production speed of 800 ppm.

Naturopera is a French company producing baby care, femcare and household products with a strong focus on local production and sustainability.

Source:

Andritz AG

(c) Freudenberg Performance Materials Holding GmbH
Judith Marquant from fashion school Esmod in Paris during the presentation of her winning design
17.05.2023

Freudenberg Performance Materials Apparel: Winners of "Fashioning Sustainability"

A total of 20 European fashion and design schools took part in the 2nd “Fashioning Sustainability” competition organized by Freudenberg Performance Materials together with Macpi and Bemberg™ by Asahi Kasei, two co-branding partners in the textile industry.

Freudenberg invited talented young designers to create and submit their ideas for sustainable clothing. The initiative aims to show that sustainability is a key factor in the fashion industry.

Two of the most innovative outfits from each school were selected for the final round and presented to an international jury at the “Bagni Misteriosi” event location in Milan in May. Fashion design experts and opinion leaders as well as journalists were invited to select the most sustainable designs in the categories of “Technology” and “Design”.

A total of 20 European fashion and design schools took part in the 2nd “Fashioning Sustainability” competition organized by Freudenberg Performance Materials together with Macpi and Bemberg™ by Asahi Kasei, two co-branding partners in the textile industry.

Freudenberg invited talented young designers to create and submit their ideas for sustainable clothing. The initiative aims to show that sustainability is a key factor in the fashion industry.

Two of the most innovative outfits from each school were selected for the final round and presented to an international jury at the “Bagni Misteriosi” event location in Milan in May. Fashion design experts and opinion leaders as well as journalists were invited to select the most sustainable designs in the categories of “Technology” and “Design”.

The winners
First place in the “Technology” category went to Judith Marquant while the second to Jagoda Sokolowska, both students of the fashion school Esmod in Paris. Ilaria De Martino, from the fashion institute Modartech, Italy, and Xiaodan Liao from Polimoda, Italy, were awarded first and second place in the “Design” category. The first-place winners received €2,000, while the second places won €1,000.

All participants benefited from the platform to network with leading players in the garment industry and learn more about concrete steps for embracing sustainability. Creating true sustainability in the fashion industry means reducing the material flow of clothing, addressing both sustainable production and consumption.

Members of the Jury:
Cristiano Zanetti, Sales Director Italy, Freudenberg Performance Materials
Maurizio Cazzin, Male Modeller, Maison Giorgio Armani
Riccardo Bullio, Apparel Industrial Division Director, Dolce & Gabbana
Caterina Cuoghi, Industrial Director, Area NYC
Simone Bigi, Style and Product Office Manager FAY line, Gruppo TOD’S
Roberto Cibin, Model and Pattern Development Manager, Caruso
Bruno Landi, Sales Director, Vitale Barberis Canonico
Luisella Allegretti, Pattern Designer Boss MW Business Specialist, Hugo Boss
Eugenio Balordi, Product Manager, Maison Margiela
Ettore Pellegrini, Sales and Marketing Manager, Asahi Kasei Fibers Italia

Source:

Freudenberg Performance Materials Holding GmbH

(c) CHT Group
12.05.2023

CHT Group: New production facility in Bangladesh

Die CHT Group, a worldwide company for chemical specialties, has built a new production facility in Meghna Industrial Economic Zone (MIEZ), Narayanganj which was inaugurated on May 9th, 2023.

Martin Stangs, Regional Sales Manager APAC Auxiliaries at CHT says: “The long-term success story with RH Corporation now comes to an even higher level. In addition to the decade-long service provided by motivated colleagues of RH Corporation and constant visits by well-experienced CHT application field colleagues, CHT products will now be made available locally by our new production facility at CHT Bangladesh. This will further enhance our current high-end offer with in-time deliveries which are now possible. The well-known services provided by our up-to-date laboratory facility in Dhaka will continue to prevail. This is all supported by the profound analytical and technical equipment at CHT Germany as well as CHT Switzerland. Less water, less energy, less time, but still “fit-for-purpose performance”: these requirements are no strangers to us. In alignment with our CHT Group policy ‘We take care’, we will solve these problems, too”.

Die CHT Group, a worldwide company for chemical specialties, has built a new production facility in Meghna Industrial Economic Zone (MIEZ), Narayanganj which was inaugurated on May 9th, 2023.

Martin Stangs, Regional Sales Manager APAC Auxiliaries at CHT says: “The long-term success story with RH Corporation now comes to an even higher level. In addition to the decade-long service provided by motivated colleagues of RH Corporation and constant visits by well-experienced CHT application field colleagues, CHT products will now be made available locally by our new production facility at CHT Bangladesh. This will further enhance our current high-end offer with in-time deliveries which are now possible. The well-known services provided by our up-to-date laboratory facility in Dhaka will continue to prevail. This is all supported by the profound analytical and technical equipment at CHT Germany as well as CHT Switzerland. Less water, less energy, less time, but still “fit-for-purpose performance”: these requirements are no strangers to us. In alignment with our CHT Group policy ‘We take care’, we will solve these problems, too”.

Sustainability is anchored at CHT Group and plays an important role in Bangladesh, too. The new facility of the CHT Group in Bangladesh contributes to sustainability in more ways: The roofs of two buildings are fully covered with solar photovoltaic modules. For a proper use of natural light all the other buildings have periphery glass and transparent roofs There are additionally a ground water tank to harvest rainwater as well as a biological effluent treatment plant to reuse treated water as process water in the plant.

Source:

CHT Germany GmbH

(c) INDA
10.05.2023

Four Nonwoven Industry Professionals honored with INDA Lifetime Awards

NDA, the Association of the Nonwoven Fabrics Industry, announced four recipients for the Lifetime Service Award and Lifetime Technical Achievement Awards. Jan O’Regan, Seshadri Ramkumar, Jim Robinson, and Ed Thomas are being recognized for their key contributions to the growth of the nonwovens industry and INDA.

NDA, the Association of the Nonwoven Fabrics Industry, announced four recipients for the Lifetime Service Award and Lifetime Technical Achievement Awards. Jan O’Regan, Seshadri Ramkumar, Jim Robinson, and Ed Thomas are being recognized for their key contributions to the growth of the nonwovens industry and INDA.

Jan O’Regan: INDA Lifetime Service Award
Jan O’Regan was the Director, Strategic Initiatives and Nonwovens Marketing, for Cotton Incorporated and retired in 2022. In this capacity, she uncovered new opportunities for cotton to bring value into the nonwovens industry. Her work included leading efforts in strategic planning, technical and market project management, and sharing new ideas and results with the global supply chain.
O’Regan spent over four decades in the nonwovens industry in various roles, including sales, marketing, strategic planning and business management. Market responsibilities included consumer and industrial markets on regional, national, and global teams. Over the most recent years, she applied these broad experiences to new markets for cotton in nontraditional applications.
Serving and volunteering with INDA for decades, O’Regan most recently chaired the World of Wipes® committee, which she efficiently organized to produce innovative conferences for the wipes industry.  She was a frequent speaker at INDA, INSIGHT, EDANA, and other events, and for nearly two decades was a go to source of information for cotton fibers in nonwovens and hygiene. O’Regan earned a BS in Textiles and Business, summa cum laude, from Penn State University and an MBA from New York University’s Stern School of Business.

Seshadri Ramkumar: INDA Lifetime Technical Achievement Award
Seshadri Ramkumar has over twenty-five years of experience within the technical nonwovens space, conducting industry leading research and educating nonwovens professionals at Texas Tech University (TTU).  At TTU, he established the Nonwovens Laboratory. Many of Ramkumar’s students have gone on to become technical leaders within their organizations and the nonwovens industry.
Ramkumar has numerous patent and invention disclosures, including Fibertect® toxic chemical decontamination wipes which have been recognized by the American Chemical Society as a notable success of federally supported innovation, endorsed by Lawrence Livermore National Laboratory, and adopted by multiple branches of the military.
In addition to many peer-reviewed publications, articles, and columns collectively over 500, including one on nanofibers that has been cited over 2,100 times, Ramkumar has contributed his expertise on the editorial boards of multiple fiber, nonwoven, and textile journals. Ramkumar has also organized conferences for nonwovens and textiles and actively promoted INDA and its technical training offerings for over 20 years.
He is a longtime member of the INDA Technical Advisory Board, been recognized by TAPPI, Society of Dyers and Colorists (UK), the Textile Institute (UK), and the Textile Association (INDIA), and received numerous awards from TTU.
Ramkumar holds a Bachelors of Technology (Textiles), Graduated with Distinction, and a Masters of Technology (Textiles), University First Rank in the Discipline, Anna University, and a Ph.D. (Textile Materials) from the University of Leeds, UK.

Jim Robinson: INDA Lifetime Technical Achievement Award
Jim Robinson has 33 years in the absorbent hygiene industry, including 28 years as a Technical Service Manager at BASF. He led technical teams that focused on the application of superabsorbent polymers (SAP) in hygiene products. Robinson has extensive knowledge of SAP applications, absorbent core formation, and hygiene article design, performance and testing. While with BASF, Robinson led efforts with multiple external companies to provide co-supplier solutions to hygiene converters.
Robinson’s extensive understanding of test methods and test method development led to his coordinating the establishment of fitness for use standards of adult incontinent products with the National Association for Continence and involvement in development and review of absorbent product test methods with INDA/EDANA. He is also an active contributor to INDA’s Technical Advisory Board and Hygienix organizing committee and was a contributing developer in establishing the INDA Absorbent Hygiene Training Course. Robinson has provided numerous presentations at INSIGHT, Hygienix, and RISE on performance and interactions of absorbent system components.
Recently, Robinson has been consulting and contributing to the success of multiple start-ups including those having been nominated for INDA product awards. Robinson has a BS in Chemistry from Hampden-Sydney College and an MS in Chemistry from Duke University.

Ed Thomas: INDA Lifetime Technical Achievement Award
Ed Thomas retired after 39 years, with 32 years in the nonwovens industry, and has remained active teaching the Intermediate Nonwovens Training Course for INDA and The Nonwovens Institute at North Carolina State University, as well as providing consulting services to the industry.
Thomas’ experience includes Process Engineering Manager and Plant Management, DuPont; Technical Director, Reemay; VP of Research and Operations, VP of Operations and Technology, and Global VP of Research and Development for Fiberweb/BBA Nonwovens; and Head of Research and Product Development, First Quality Nonwovens.
Thomas holds 10 U.S. nonwoven patents and he and his teams have been awarded more than 250 patents for numerous and diverse innovations that have played significant roles in the success of the nonwovens industry. These include applications for the global hygiene market, industrial nonwovens, and filtration media.
During his career, Thomas has presented several keynote addresses and papers to industry conferences, participated in North Carolina State University’s Nonwovens Cooperative Research Center (NCRC) prior to it becoming The Nonwovens Institute (NWI), INDA’s Technical Advisory Board, INDA’s Sustainability Committee, and was Vice Chair of NWI’s Industrial Advisory Board prior to retirement and remains an Emeritus member.
Thomas received his mechanical engineering degree from SUNY Buffalo.

(c) Mayer & Cie.
The Batliboi team at ITME 2022 along with several Mayer & Cie. colleagues
03.05.2023

New set-up of Mayer & Cie. representations in Nepal & Bangladesh

Since 1 April 2023 sales and service of Mayer & Cie. circular knitting machines in Bangladesh have been under new management. A new dynamic team “Mayer Bangladesh” has been formed. Mayer & Cie.’s longstanding Indian representative Batliboi has joined business activities in Bangladesh since the beginning of the month, supported by the team of Brady Services and by Almani Biz.

In Batliboi, Mayer & Cie. has set up a business partner of many decades standing as its representative in Bangladesh. For around 40 years Mumbai-based Batliboi has overseen sales and service of Mayer & Cie. circular knitting machines in India. Abhay Sidham heads Batliboi’s Textile and Machinery Group. He and his team have many years of experience in strategic marketing, and a focus on sustainability and processing recycled raw materials is part of Batliboi’s expertise.

Since 1 April 2023 sales and service of Mayer & Cie. circular knitting machines in Bangladesh have been under new management. A new dynamic team “Mayer Bangladesh” has been formed. Mayer & Cie.’s longstanding Indian representative Batliboi has joined business activities in Bangladesh since the beginning of the month, supported by the team of Brady Services and by Almani Biz.

In Batliboi, Mayer & Cie. has set up a business partner of many decades standing as its representative in Bangladesh. For around 40 years Mumbai-based Batliboi has overseen sales and service of Mayer & Cie. circular knitting machines in India. Abhay Sidham heads Batliboi’s Textile and Machinery Group. He and his team have many years of experience in strategic marketing, and a focus on sustainability and processing recycled raw materials is part of Batliboi’s expertise.

These competences are of relevance in the Bangladesh market because “we face strong competition from Asian manufacturers here,” as Wolfgang Müller, Mayer & Cie.’s sales director, explains. The premium market was growing smaller, and the trend was toward specialities – value-added fabrics, spacer fabrics and athleisure with a high proportion of elastic. Mayer & Cie. sees in these requirements significant potential for its machines – and in Batliboi a partner able in view of its experience to put them to optimal use.

One building block in the set-up of Mayer & Cie. representatives is unchanged. Brady Services will continue with Batliboi to contribute its close ties with the local market. A significant number of existing companies will continue to be looked after by Brady Services.

The new member in Mayer Bangladesh team is Dhaka-based Almani Biz. A lubricants specialist for circular knitting machines Almani Biz has a wide network with Bangladesh knitting industry.

Mayer & Cie. feels well positioned by this new set-up. “We,” Wolfgang Müller says, “are of the opinion that the market for textile machinery in Bangladesh will continue to grow and we are confident that by strengthening our sales, service and marketing team we will be able to make good use of this opportunity.”

Customers in Bangladesh have placed large orders in the past. The latest, placed in January, was for several dozen machines to be delivered this autumn. Further orders from Apex and BEXIMCO (Bangladesh Export Import Company) are also scheduled for delivery in the second half of 2023.

While reorganising the set-up of its representatives in Bangladesh Batliboi has also taken over as Mayer & Cie.’s representative in Nepal, where the company had previously had no local representative. There is a demand for machines for interlock, 8-lock and single jersey, but sales are still in single figures.

03.05.2023

Renewcell receives Fast Company 2023 World Changing Ideas Award

Renewcell is the recepient of the Fast Company 2023 World Changing Ideas Awards for the Sustainability/Energy category with the development of recycling unused textiles into pulp, branded as CIRCULOSE®, used for man-made cellulosic fiber production of viscose, modal, lyocell, acetate and other fibers. Additionally Renewcell is recognized as a finalist in the Europe, the Middle East, and Africa category, as well as a finalist in the climate category for the 2023 World Changing Ideas Awards.

World Changing Ideas Awards honor sustainable designs, innovative products, bold social initiatives, and other creative projects that are changing the way we work, live, and interact with the world.

Renewcell is the recepient of the Fast Company 2023 World Changing Ideas Awards for the Sustainability/Energy category with the development of recycling unused textiles into pulp, branded as CIRCULOSE®, used for man-made cellulosic fiber production of viscose, modal, lyocell, acetate and other fibers. Additionally Renewcell is recognized as a finalist in the Europe, the Middle East, and Africa category, as well as a finalist in the climate category for the 2023 World Changing Ideas Awards.

World Changing Ideas Awards honor sustainable designs, innovative products, bold social initiatives, and other creative projects that are changing the way we work, live, and interact with the world.

This year’s World Changing Ideas Awards showcase 45 winners, 216 finalists, and more than 300 honorable mentions—with health, climate, energy, and AI among the most popular categories. A panel of Fast Company editors and reporters selected winners and finalists from a pool of more than 2,200 entries across urban design, education, nature, politics, technology, corporate social responsibility, and more. Several new categories were added this year including rapid response, crypto and blockchain, agriculture, and workplace. The 2023 awards feature entries from across the globe, from Italy to Singapore to New Zealand. Fast Company’s Spring 2023 issue (on newsstands May 9, 2023) will showcase some of the world’s most inventive entrepreneurs and forward-thinking companies that are actively tackling global challenges.

03.05.2023

Lenzing: Outlook for 2023

  • Revenue grows to EUR 623.1 mn – fiber sales recovered over the course of the quarter
  • EBITDA and net result for the period down compared with the first quarter of 2022
  • Cost reduction program of more than EUR 70 mn being implemented according to plan
  • Production of TENCEL™ brand modal fibers successfully launched in China
  • Lenzing confirms guidance for 2023

The business performance of the Lenzing Group during the first quarter of 2023 largely reflected market trends. However, after the market environment had deteriorated significantly in the third and fourth quarters of the previous year, signs of recovery emerged during the first quarter in terms of demand as well as raw material and energy costs. Textile fibers recorded moderate but steadily improving demand. Business with fibers for nonwovens and with dissolving wood pulp performed better than expected. Raw material and energy costs were still at an elevated albeit decreasing level.

  • Revenue grows to EUR 623.1 mn – fiber sales recovered over the course of the quarter
  • EBITDA and net result for the period down compared with the first quarter of 2022
  • Cost reduction program of more than EUR 70 mn being implemented according to plan
  • Production of TENCEL™ brand modal fibers successfully launched in China
  • Lenzing confirms guidance for 2023

The business performance of the Lenzing Group during the first quarter of 2023 largely reflected market trends. However, after the market environment had deteriorated significantly in the third and fourth quarters of the previous year, signs of recovery emerged during the first quarter in terms of demand as well as raw material and energy costs. Textile fibers recorded moderate but steadily improving demand. Business with fibers for nonwovens and with dissolving wood pulp performed better than expected. Raw material and energy costs were still at an elevated albeit decreasing level.

Outlook
The war in Ukraine and the more restrictive monetary policy pursued by many central banks in order to combat inflation are expected to continue to influence global economic activity. The IMF warns that risks remain elevated overall and forecasts growth of 2.8 and 3 percent for 2023 and 2024 respectively. The currency environment is expected to remain volatile in the regions relevant to Lenzing.

This market environment continues to weigh on the consumer climate and on sentiment in the industries relevant to Lenzing. However, the outlook has brightened somewhat recently.

Demand picked up tangibly after the Chinese New Year. As a consequence, capacity utilization improved and stocks were further reduced both at viscose producers and at downstream stages of the value chain.

In the trend-setting market for cotton, signs are emerging of a further buildup of stocks in the current 2022/23 crop season. Initial forecasts for 2023/24 anticipate a more balanced relationship between supply and demand.

However, despite signs of recovery in both demand and raw material and energy costs, earnings visibility remains limited overall.

Lenzing is fully on track with the implementation of the reorganization and cost reduction program. These and other measures are aimed at positioning Lenzing in the best possible way for the expected market recovery.

Structurally, Lenzing continues to anticipate growth in demand for environmentally responsible fibers for the textile and clothing industry as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its “Better Growth” strategy and plans to continue driving growth with specialty fibers as well as its sustainability goals, including the transformation from a linear to a circular economy model.

The successful implementation of the key projects in Thailand and Brazil as well as the investment projects in China and Indonesia will further strengthen Lenzing’s positioning in this respect.

Taking into account the aforementioned factors and assuming a further market recovery in the current financial year, the Lenzing Group continues to expect EBITDA in a range between EUR 320 mn and EUR 420 mn for 2023.

Source:

Lenzing AG

(c) INDEX™ | Palexpo SA
26.04.2023

INDEX™23 concludes successfully with over 610 exhibitors

The international nonwovens community came together once again in Geneva this week for INDEX™23, with with 12,017 attendees from over 100 countries and 610 exhibitors from 43 countries joining the event.

Exhibitors made the most of the four intensive days to meet potential new customers and extend business with existing clients. As one of the world’s leading nonwovens exhibitions, INDEX™ demonstrated the latest breakthroughs and innovative developments across all nonwovens’ applications.

The INDEX™ Lab, an exchange hub displaying samples from innovations and new developments, also showcased the winners and runners up from each of the five categories of the INDEX™ Innovation Award. Open to any EDANA member company or exhibitor at INDEX™23, the winners were announced on the first day of the exhibition during a dedicated ceremony at the EDANA stand.

The winners (more infomation):

The international nonwovens community came together once again in Geneva this week for INDEX™23, with with 12,017 attendees from over 100 countries and 610 exhibitors from 43 countries joining the event.

Exhibitors made the most of the four intensive days to meet potential new customers and extend business with existing clients. As one of the world’s leading nonwovens exhibitions, INDEX™ demonstrated the latest breakthroughs and innovative developments across all nonwovens’ applications.

The INDEX™ Lab, an exchange hub displaying samples from innovations and new developments, also showcased the winners and runners up from each of the five categories of the INDEX™ Innovation Award. Open to any EDANA member company or exhibitor at INDEX™23, the winners were announced on the first day of the exhibition during a dedicated ceremony at the EDANA stand.

The winners (more infomation):

  1. Nonwoven roll goods
    Winner: Suominen – HYDRASPUN® Circula Nonwoven
  2. Finished products made from, or incorporating nonwovens
    Winner: Henkel – Smart Adult Care
  3. Raw materials or components (e.g., fibre, binder, polymer, tape), of special relevance to the nonwovens industry and related converted products
    Winner: Fiberpartner – BicoBio
  4. Innovation in machinery of special relevance to the nonwovens industry
    Winner: Curt G. Joa, Inc. – ESC-8™
  5. Sustainable Product
    Winner: Sparkle Innovations – SugaFluff™

The "Nonwovens Journey", an immersive experience that takes a look at the innovative role of nonwovens, as well as how innovation has progressed in time around both sustainability, and how nonwovens are used in everyday life, also allowed visitors to discover the versatility of nonwovens.

Running alongside the exhibition itself, there was also a full programme of side events that were enjoyed by participants: Exhibitor Product Presentations from 33 exhibitors; a series of informative seminars covering a myriad of topics including medical nonwovens, sustainability, circular economy, geosynthetics, textiles, mobility, fair trade, gender equity, innovation, and market trends; country-specific briefings offering insights into the nonwovens market in various regions around the world; and a nonwovens tutorial intended as an induction to nonwovens for those new to the industry. These topics were all presented by leading industry experts and guest speakers, including among others, the World Trade Organization (WTO).

Concern for the environment has in recent years become increasingly important, and once again remained a key topic at INDEX™23, with companies pushing to achieve further CO2 reductions and circularity across the supply chain.

Continuing on from its success during COVID-19, the INDEX™23 Mobile App and Virtual Platform was back. This tool offered participants – both in Geneva and those following from home – the chance to watch presentations live and interact with speakers, exhibitors, and other participants. Attendees were able to plan their visit and organize meetings, which was highly appreciated. Video recordings from the sessions will remain available online in the app and platform for the coming weeks.

The next INDEX™ will take place in three years from 21-24 April 2026.

Source:

INDEX™ | Palexpo SA

(c) Source Fashion by Hyve
21.04.2023

Source Fashion returns July 2023

Source Fashion returns to London Olympia on 16-18th July, more than doubling in size and welcoming over 300 exhibitors from around the world.

Source Fashion offers a platform for decision-makers in buying, sourcing and procurement, with the reassurance of knowing that every exhibitor has been audited to ensure sustainability and transparency remains at the heart of their business model. The February launch show welcomed over 130 manufacturers from 20 countries including the UK, Peru, Cambodia, Pakistan, Turkey, China, India, Portugal, Hong Kong, Italy, and Greece, attracting nearly 5,000 visitors from leading retailers and brands including John Lewis, M&S, Sainsbury’s, Tesco, All Saints, Asos, Ted Baker, Bella Freud, FILA, Fred Perry, Matalan, Monsoon, Stitch Fix, Urban Outfitters, Very Group, and many more.

Source Fashion returns to London Olympia on 16-18th July, more than doubling in size and welcoming over 300 exhibitors from around the world.

Source Fashion offers a platform for decision-makers in buying, sourcing and procurement, with the reassurance of knowing that every exhibitor has been audited to ensure sustainability and transparency remains at the heart of their business model. The February launch show welcomed over 130 manufacturers from 20 countries including the UK, Peru, Cambodia, Pakistan, Turkey, China, India, Portugal, Hong Kong, Italy, and Greece, attracting nearly 5,000 visitors from leading retailers and brands including John Lewis, M&S, Sainsbury’s, Tesco, All Saints, Asos, Ted Baker, Bella Freud, FILA, Fred Perry, Matalan, Monsoon, Stitch Fix, Urban Outfitters, Very Group, and many more.

Suzanne Ellingham, Director of Sourcing of Source Fashion; “We couldn't have asked for a better first show. Leading retailers attended keen to source new, and crucially audited, producers and manufacturers. We champion responsibility, and sustainability isn’t just an addition to our show, it is our core value. We unite manufacturers practicing environmental, transparent, and fair-trade methods, with buyers looking to source sustainably.

“Our next show will be even bigger and better – we have already doubled the size of our floorplan for July and have been overwhelmed by the interest from both exhibitors and visitors. The global sustainability market is expected to grow by 24% annually in the next seven years according to Meta, which means now more than ever, brands are on the hunt for new sustainable manufacturers and suppliers to source from and the growth rate is staggering for Source Fashion. It is going to be firmly established as a significant platform for responsible sourcing by its second show.”

Source:

Source Fashion by Hyve / Good Results

(c) Freudenberg Performance Materials Holding GmbH
21.04.2023

Freudenberg launches biodegradable fusible cotton shirt interlining range

Freudenberg Performance Materials Apparel (Freudenberg) launches its biodegradable fusible cotton shirt interlinings range 46xx. With this innovation, the world’s leading specialist in woven, knitted, weft and nonwoven interlinings reduces its impact on the environment and supports customers in achieving their own sustainability objectives. In Asia, the series is marketed under the name 42xx series.

Approved biodegradability and non-toxicity by Hohenstein Laboratories
The new Freudenberg fusible interlinings for shirts and blouses have been developed in such a way that they are harmless to people and the environment at the end of their life cycle. Germany’s independent Hohenstein Laboratories performed biodegradation tests on the 46xx series, based on the Hohenstein method which draws on DIN EN ISO 11721-2:2003 and EN ISO 846, and approved it as biodegradable and ecotoxicologically harmless. The tests by Hohenstein showed no negative effects on either the germination of garden cress nor on earthworms in the acute toxicity test.

Freudenberg Performance Materials Apparel (Freudenberg) launches its biodegradable fusible cotton shirt interlinings range 46xx. With this innovation, the world’s leading specialist in woven, knitted, weft and nonwoven interlinings reduces its impact on the environment and supports customers in achieving their own sustainability objectives. In Asia, the series is marketed under the name 42xx series.

Approved biodegradability and non-toxicity by Hohenstein Laboratories
The new Freudenberg fusible interlinings for shirts and blouses have been developed in such a way that they are harmless to people and the environment at the end of their life cycle. Germany’s independent Hohenstein Laboratories performed biodegradation tests on the 46xx series, based on the Hohenstein method which draws on DIN EN ISO 11721-2:2003 and EN ISO 846, and approved it as biodegradable and ecotoxicologically harmless. The tests by Hohenstein showed no negative effects on either the germination of garden cress nor on earthworms in the acute toxicity test.

Energy-saving interlining
The new biodegradable shirt interlinings also show great potential for energy saving, as the fusing can be performed at a low temperature. Concretely, this means that the resulting temperature between the upper fabric and the shirt interlining during fusing is only 127°C which is significantly lower than the commonly used temperature of 143°C. Certified to OEKO-TEX® STANDARD 100 Class II for successfully testing for no harmful substances, the shirt interlinings are washable at up to 40°C and resistant to dry cleaning. In addition, it has also passed all ecological-toxicological tests and is a perfect end-of-life cycle solution.

Product details and availability
The products in range 46xx are available in Europe in the color white and the following weight classes: 4605 (90g/m2), 4616 (150g/m2) and 4618 (55g/m2). The adhesive of the interlinings consists of a 100% degradable bio-polymer. The shirt interlinings are ideal for reinforcing shirt and blouse collars, cuffs and plackets used in fashion, leisure and business clothing. The biodegradable, non-toxic interlinings are particularly important for labels with an ecologically sustainable claim.

Source:

Freudenberg Performance Materials Holding GmbH

19.04.2023

Archroma announces CEO Transition

Archroma, a global leader in sustainable specialty chemicals and solutions for the textiles, packaging & paper, paints and coatings industries, announced its transition plan for the role of Chief Executive Officer (CEO). Heike van de Kerkhof, CEO of Archroma since January 2020, will step down effective April 30, 2023, to focus on other career opportunities. Mark Garrett, a seasoned industry executive, will assume the role of interim CEO.

Miguel Kohlmann, Chairman of the Board of Directors of Archroma, said “On behalf of the Board of Directors, I would like to thank Heike for her leadership and tireless dedication to Archroma. Heike joined the company in January 2020 as CEO and has meaningfully advanced the company’s sustainability, innovation, and customer-focused business model, while also successfully closing the transformational acquisition of Huntsman’s Textile Effects business, which will substantially enhance Archroma’s capabilities in serving its customers and markets. We would like to thank Heike for her great contributions through this substantial period of growth and wish her continued success in her next endeavors.”

Archroma, a global leader in sustainable specialty chemicals and solutions for the textiles, packaging & paper, paints and coatings industries, announced its transition plan for the role of Chief Executive Officer (CEO). Heike van de Kerkhof, CEO of Archroma since January 2020, will step down effective April 30, 2023, to focus on other career opportunities. Mark Garrett, a seasoned industry executive, will assume the role of interim CEO.

Miguel Kohlmann, Chairman of the Board of Directors of Archroma, said “On behalf of the Board of Directors, I would like to thank Heike for her leadership and tireless dedication to Archroma. Heike joined the company in January 2020 as CEO and has meaningfully advanced the company’s sustainability, innovation, and customer-focused business model, while also successfully closing the transformational acquisition of Huntsman’s Textile Effects business, which will substantially enhance Archroma’s capabilities in serving its customers and markets. We would like to thank Heike for her great contributions through this substantial period of growth and wish her continued success in her next endeavors.”

Kohlmann continued, “The Board remains committed to accelerating the growth of Archroma and to continuing to provide our customers with the systems, solutions, innovation and technical support that they have come to expect from us, while providing enhanced opportunities for Archroma’s employees. We are enthusiastic about Mark Garrett joining Archroma as interim CEO, a seasoned executive who brings substantial industry experience which encompasses directly relevant knowledge of Archroma’s product portfolio and end markets. Mark has served in the capacity of Chairman and CEO and in senior executive leadership roles with companies such as OMV/Borealis, Marquard & Bahls, Ciba Specialty Chemicals and DuPont. He is a proven leader and the perfect choice to serve as Archroma’s interim CEO. The Board has strong confidence in Archroma’s leadership team and is focused on continuity during this period of transition.”

More information:
Archroma CEO specialty chemicals
Source:

Archroma

14.04.2023

Carbios presents its 2022 Annual Results

Carbios, a compnay in the development and industrialization of biological technologies for reinventing the life cycle of plastics and textiles, announces its operating and financial results for the year 2022. The financial statements as of December 31, 2022, were approved by the Company’s Board of Directors at their meeting on April 5, 2023.

Carbios, a compnay in the development and industrialization of biological technologies for reinventing the life cycle of plastics and textiles, announces its operating and financial results for the year 2022. The financial statements as of December 31, 2022, were approved by the Company’s Board of Directors at their meeting on April 5, 2023.

  • Project to build, in France, the world’s first PET biorecycling plant: Progress in line with 2025 unit commissioning target6
  • Excellent results from the demonstration plant validating the industrial scale-up of Carbios technology
  • Carbios licensing documentation ready for worldwide industrial and commercial deployment
  • Long-term exclusive strategic partnership with Novozymes to ensure supply of enzymes at industrial scale for the Reference Unit and all future licensee plants
  • Creation of fiber-to-fiber consortium with On, Patagonia, Puma, PVH Corp., and Salomon
  • CE-PET research project successfully completed
  • Participation in WhiteCycle project co-funded by Horizon Europe and coordinated by Michelin
  • Publication of scientific articles in the prestigious Biophysical Journal and in Chemical Reviews
  • Carbios hosts world’s first PET Biorecycling Summit
  • Carbios publishes first Sustainability Report and outlines objectives for environmental, social and governance (ESG) initiatives
  • Carbios joins Ellen MacArthur Foundation’s circular economy network
  • €30 million European Investment Bank loan drawn down in 2022
  • Group’s cash position of €101 million as of December 31, 2022
More information:
Carbios plastics life cycle Recycling
Source:

Carbios

(c) Beaulieu International Group
05.04.2023

B.I.G. acquires Australian B2B flooring wholesaler Signature Floors

B.I.G. has signed an agreement with Australian B2B flooring wholesaler to acquire its complete range of activities. Through this acquisition, both companies will strengthen their growth opportunities in both soft, resilient and hard flooring in Australia and New Zealand.

CEO Pol Deturck comments: “This acquisition will provide great opportunities for all our stakeholders, especially our customers, suppliers and employees. Both B.I.G. and Signature have solid positions as leaders in the flooring industry and a shared commitment to sustainability, product innovation, design and customer service.”

Signature Floors is an Australian B2B flooring wholesaler serving retailers, commercial contractors, architect-designers and end-users in Australia and New Zealand. Founded in 1989, the company has 120 employees and is owned by 2 family shareholders which are both active in the company. Signature has offices, warehouses and showrooms in Melbourne and Auckland spread over 3 locations.

B.I.G. has signed an agreement with Australian B2B flooring wholesaler to acquire its complete range of activities. Through this acquisition, both companies will strengthen their growth opportunities in both soft, resilient and hard flooring in Australia and New Zealand.

CEO Pol Deturck comments: “This acquisition will provide great opportunities for all our stakeholders, especially our customers, suppliers and employees. Both B.I.G. and Signature have solid positions as leaders in the flooring industry and a shared commitment to sustainability, product innovation, design and customer service.”

Signature Floors is an Australian B2B flooring wholesaler serving retailers, commercial contractors, architect-designers and end-users in Australia and New Zealand. Founded in 1989, the company has 120 employees and is owned by 2 family shareholders which are both active in the company. Signature has offices, warehouses and showrooms in Melbourne and Auckland spread over 3 locations.

Together, B.I.G. and Signature will integrate their sales and business activities over the coming months, ensuring business continuity for customers, partners, suppliers and employees.

Both companies expect to close the transaction at the end of April 2023.

Source:

Beaulieu International Group

31.03.2023

EURATEX at 1 year EU Textile Strategy – Yes, but …

On 30 March 2022, the European Commission presented its vision for the future of the textile industry. The strategy mainly focuses on reducing the environmental footprint and promote sustainability and transparency in the value chain.

EURATEX has welcomed the publication of the strategy, as it recognises the strategic importance of the European textile industry, and its core competitive values of quality and creativity. At the same time, the association has warned that translating that vision into reality is a delicate process, as the industry needs to reconcile sustainability with competitiveness. Making the green (and digital) transition should make companies stronger; the benefits should outweigh the costs.

On 30 March 2022, the European Commission presented its vision for the future of the textile industry. The strategy mainly focuses on reducing the environmental footprint and promote sustainability and transparency in the value chain.

EURATEX has welcomed the publication of the strategy, as it recognises the strategic importance of the European textile industry, and its core competitive values of quality and creativity. At the same time, the association has warned that translating that vision into reality is a delicate process, as the industry needs to reconcile sustainability with competitiveness. Making the green (and digital) transition should make companies stronger; the benefits should outweigh the costs.

This premise had a serious blow by the Russian war in Ukraine, which erupted at almost the same time when the strategy was launched, and has dramatically changed the economic context. Energy prices increased by a factor of 10 (!), putting the European industry at a significant disadvantage with its global competitors, leading to company shutdowns or relocations. Extended lock downs in China and defensive trade policies in the US and elsewhere have further generated uncertainty on the market and disrupted supply chains.

Today, one year after its publication, EURATEX remains carefully optimistic about the implementation of the strategy, but needs to warn against some important pitfalls on the road ahead.

  1. Despite these turbulent times, the Commission is moving ahead “swiftly” in translating their EU Textile Strategy into (draft) legislation. At present, at least 16 pieces of legislation are on the table, which will turn the textile industry into a strictly regulated sector. The quality of this new regulatory framework is critical to the success of the strategy: upcoming rules need to be coherent, technically feasible and enforceable, and have a minimal cost for SMEs. EURATEX calls for a realistic timetable and “competitiveness test” for each piece of legislation before it is adopted.
  2. Textile companies need to be informed and supported to comply with this new framework. This requires substantial funding which should be earmarked exclusively to the sector, covering areas of innovation and digitalisation, skills development, support to start ups and internationalisation, as well as access to affordable energy. In this regard, EURATEX calls on the Commission to translate the current “good intentions” into concrete decisions.
  3. The EU strategy will not work if there is no demand for sustainable textiles, both from individual consumers and public authorities (procurement). Concrete measures need to be taken to offer a competitive advantage to sustainable and high quality textile products, e.g. through a different VAT rate, strict procurement rules, closer cooperation between the brands/retailers, producers and consumers.
  4. The EU strategy could also fail, if the global dimension of the textile industry is ignored. Up to 80% of clothing products are produced outside the EU; these products need to comply with the new framework, but it remains unclear how to ensure that level playing field. Market surveillance needs to be stepped up massively – also targeting on line sales – but this would require significant efforts from member states, which are not available as of today.

Despite these important challenges, EURATEX remains committed to the successful implementation of the EU Textile Strategy. Director General Dirk Vantyghem commented: “We want to be a global leader in sustainable textiles, building on the entrepreneurship, quality and creativity of nearly 150,000 European textile companies. Creating this new framework is an incredible challenge, requiring a close dialogue between the industry and the regulator. But if well designed and carefully implemented, it can set a new era for the European textile industry”.

Source:

Euratex

(c) PERFORMANCE DAYS / Design & Development GmbH Textile Consult
24.03.2023

Performance Days: New concept starting October 2023

From March 15-16, 2023, the spring edition of PERFORMANCE DAYS kicked off on the fairgrounds of Messe München. With around 2,685 visitors, the event organizers were particularly pleased with numbers up on the previous winter fair. High attendances were also evident at the Expert Talks on both days, which provided information on the latest color and fabric trends, news on developments in sustainability and new technologies from fiber manufacturers. The focal points of the show were marked by the PERFORMANCE FORUM, which showcased the fabric highlights for the spring/summer 2025 season as well as the two PERFORMANCE AWARD and ECO PERFORMANCE AWARD winners.

After the kick-off event in Munich in March, the industry now looks forward to the follow-up fairs in Portland from April 4-5, 2023 and in Shanghai, April 10-11, 2023.

From March 15-16, 2023, the spring edition of PERFORMANCE DAYS kicked off on the fairgrounds of Messe München. With around 2,685 visitors, the event organizers were particularly pleased with numbers up on the previous winter fair. High attendances were also evident at the Expert Talks on both days, which provided information on the latest color and fabric trends, news on developments in sustainability and new technologies from fiber manufacturers. The focal points of the show were marked by the PERFORMANCE FORUM, which showcased the fabric highlights for the spring/summer 2025 season as well as the two PERFORMANCE AWARD and ECO PERFORMANCE AWARD winners.

After the kick-off event in Munich in March, the industry now looks forward to the follow-up fairs in Portland from April 4-5, 2023 and in Shanghai, April 10-11, 2023.

New concept starting October 2023: Premiere for highlighted focus on footwear
As part of the upcoming PERFORMANCE DAYS, which will once again take place at the Messe München exhibition center on October 4-5, 2023, the event organizers will no longer focus explicitly on sustainable functional textiles and accessories, but will also focus on the footwear market.

To support the integration of the footwear market into the trade fair events in Munich, Portland, New York and Shanghai, the organizers have brought on board two industry specialists, Nina Conrad and Rucky Zambrano.

Nina Conrad has been active as a sustainability consultant in the textile and leather industry for many years, specializing in traceable and local supply chains. Her core business is the production of leather and leather goods derived from animals raised on certified organic farms. She is also a founding partner of the Sustainable Leather Foundation and co-founder of the Fibershed subsiduary DACH.

Rucky Zambrano is a industrial designer and expert. When he got to know Vibram in 1992, he shifted his career to footwear for reasons of passion. For 13 years now, Zambrana and Vibram have been a driving force in the footwear market and made the leap from performance to fashion, as witnessed with the Merrell Chameleon, the Prada Luna Rossa boat shoe sole or the latest Vibram FiveFingers models. He is currently responsible for footwear for the Finnish children’s outdoor brand Reima.

Source:

PERFORMANCE DAYS / Design & Development GmbH Textile Consult

(c) Messe Frankfurt
24.03.2023

Intertextile Shanghai Home Textiles returns from 28 – 30 March 2023

Intertextile Shanghai Home Textiles – Spring Edition is set for a renewal. After last year’s brief pause, 283 exhibitors from 5 countries and regions will showcase their latest innovations at the National Exhibition and Convention Center (Shanghai) during this traditional peak sourcing period. The fair will be held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value from 28 – 30 March 2023.

Intertextile Shanghai Home Textiles – Spring Edition is set for a renewal. After last year’s brief pause, 283 exhibitors from 5 countries and regions will showcase their latest innovations at the National Exhibition and Convention Center (Shanghai) during this traditional peak sourcing period. The fair will be held concurrently with Intertextile Shanghai Apparel Fabrics – Spring Edition, Yarn Expo Spring, CHIC and PH Value from 28 – 30 March 2023.

Comprehensive range of products zoned for easy sourcing
The 27,000 sqm gross exhibition space in hall 5.2 will host suppliers in multiple product categories, such as bedding, towelling, table and kitchen linen, home textile technologies, and textile designs. Several product pavilions and zones will be formed to encourage efficient sourcing, with areas designated for quality bedding, towelling, feather and down duvet fillings, quilt fillings, intelligent equipment and upholstery fabric products. Buyers looking for sustainable fibres, yarns and fabrics may be interested in sourcing at the Lenzing Group’s brand new centralised Lenzing Home Textile Satellite Pavilion. With Lenzing joined by eight of its Chinese downstream manufacturers, the pavilion will showcase the various home textile applications for the Austrian company’s wood-based TENCEL™ fibres.

Other well-known international and domestic exhibitors include Cotton Council International (CCI), Zhangjiagang Coolist Life Technology, Guangdong Kulida Down, Wujiang City Yunjie Textiles, Yantai Pacific Home Fashion, Sunvim Group, and Jiangsu Goostars Hometextiles. These suppliers, and many more, will present their up-to-date products to meet the sourcing demands of buyers from different channels.

Programme
At every edition, Intertextile Shanghai Home Textile’s fringe events keep fairgoers informed on a variety of topics, allowing exhibitors and visitors alike to stay up to date with the latest market trends and make informed business decisions.

Aligning with the fair’s general direction on promoting sustainability, and to satisfy the industry’s needs, representatives from Lenzing will be holding an exclusive seminar about the e-commerce opportunities surrounding eco-friendly TENCEL™ products’ sleep enhancing qualities. Other presentations and discussions that touch on sustainability will also be available under the fair’s Textile & Technology event theme.

With consumers globally paying more attention to health issues and increasing their spending on health products, the home and contract textile industry is also a party to this rising trend. To this end, seminars discussing traditional Chinese medicine and how it relates to different health issues will be held on day one. Their crossover topics include how aromatherapy can encourage high-quality sleep, as well as an introduction on the innovation of traditional medicinal textiles.

Moreover, the well-known Chinese retailer JD.com will co-host an event that promotes home textile products made with Chinese cotton. Several talks will focus on different aspects, such as the products’ quality and the overall potential of this industry aided by government policies.

After China’s relaxation of border restrictions and other pandemic control measures, it is now easier for domestic and overseas buyers to visit their Chinese suppliers at the fairground, for the chance to touch and feel their desired products.

24.03.2023

Autoneum: All proposals approved at Annual General Meeting 2023

At the Annual General Meeting of Autoneum Holding Ltd on 24th March 2023, a clear majority of the shareholders approved the introduction of a capital band in the amount of approximately CHF 100 million net proceeds to finance the acquisition of Borgers Automotive. The proposal to waive the payment of a dividend for the 2022 financial year in view of the lower net result was also approved. In addition, Board member Rainer Schmückle as well as CEO Matthias Holzammer were given a farewell.

221 shareholders attended today’s Annual General Meeting of Autoneum Holding Ltd in Winterthur. 66.48 percent of the share capital was represented.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2022. The proposal of the Board of Directors to waive the payment of a dividend for the financial year 2022 due to the lower net result was also approved by the Annual General Meeting.

In addition, the shareholders of Autoneum Holding Ltd granted discharge to all members of the Group Executive Board and the Board of Directors by a large majority of votes.

At the Annual General Meeting of Autoneum Holding Ltd on 24th March 2023, a clear majority of the shareholders approved the introduction of a capital band in the amount of approximately CHF 100 million net proceeds to finance the acquisition of Borgers Automotive. The proposal to waive the payment of a dividend for the 2022 financial year in view of the lower net result was also approved. In addition, Board member Rainer Schmückle as well as CEO Matthias Holzammer were given a farewell.

221 shareholders attended today’s Annual General Meeting of Autoneum Holding Ltd in Winterthur. 66.48 percent of the share capital was represented.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2022. The proposal of the Board of Directors to waive the payment of a dividend for the financial year 2022 due to the lower net result was also approved by the Annual General Meeting.

In addition, the shareholders of Autoneum Holding Ltd granted discharge to all members of the Group Executive Board and the Board of Directors by a large majority of votes.

Chairman Hans-Peter Schwald and the other members of the Board of Directors Liane Hirner, Norbert Indlekofer, Michael Pieper, Oliver Streuli and Ferdinand Stutz were confirmed in office for another year. Hans-Peter Schwald, Norbert Indlekofer, Ferdinand Stutz and Oliver Streuli were re-elected to the Compensation Committee.

The consultative vote on the 2022 remuneration report was approved by 85.55%. The proposals for the remuneration of the Board of Directors and the Group Executive Board for the 2023 financial year as well as the other proposals were also approved by a large majority.

With 99.03%, a clear majority of the shareholders approved a capital band authorizing a capital increase of approximately CHF 100 million net proceeds. The purpose of the capital increase is to partially finance the acquisition of the automotive business of the Borgers Group announced by Autoneum on January 9, 2023. The Annual General Meeting also approved the other proposals of the Board of Directors for partial amendments to the Articles of Association.

Rainer Schmückle did not stand for re-election. He had been Vice Chairman of the Board of Directors, Chairman of the Audit Committee and member of the Strategy and Sustainability Committee since Autoneum became independent in 2011. CEO Matthias Holzammer, who will leave Autoneum for family reasons, was also bid farewell.

At the same time, Hans-Peter Schwald welcomed the new CEO Eelco Spoelder, who will take over the management of the Group from Matthias Holzammer on March 27, 2023: "With Eelco Spoelder, Autoneum gains an accomplished leader with many years of experience in the automotive supply industry. At Faurecia and previously at Continental, Mr. Spoelder has successfully proven that he can ensure strategic continuity and operational excellence even in a difficult market environment. I and the other members of the Board of Directors warmly welcome Eelco Spoelder and look forward to our future cooperation."

Source:

Autoneum Holding AG

22.03.2023

Premium Group: Repositioning of trade shows PREMIUM and SEEK

The Premium Group have announced a repositioning of its flagship trade shows PREMIUM and SEEK.
     
The first change is the relocation of the event to its iconic location: the Station Berlin. The venue is a historic place, which has served as the home of the Premium Group trade shows in the past.
The event will also be shortened to two days instead of three days, with new opening hours from 10 am - 10 pm including networking events and parties. This is a reflection of the changing times and the need to provide more efficient business and networking opportunities for exhibitors and visitors, maximizing their time and investment.

PREMIUM and SEEK will be held together and focus on curated trends, lifestyle brands, and sophisticated fashion collections. The CONSCIOUS CLUB remains one of Europe's biggest platforms for sustainability in fashion showcasing promosing brands and developments. Brands, retailers, and visitors can expect a more surprising, and streamlined event. The booth concept will be limited to a maximum size of 100 sqm, with a new sustainable booth system.

The Premium Group have announced a repositioning of its flagship trade shows PREMIUM and SEEK.
     
The first change is the relocation of the event to its iconic location: the Station Berlin. The venue is a historic place, which has served as the home of the Premium Group trade shows in the past.
The event will also be shortened to two days instead of three days, with new opening hours from 10 am - 10 pm including networking events and parties. This is a reflection of the changing times and the need to provide more efficient business and networking opportunities for exhibitors and visitors, maximizing their time and investment.

PREMIUM and SEEK will be held together and focus on curated trends, lifestyle brands, and sophisticated fashion collections. The CONSCIOUS CLUB remains one of Europe's biggest platforms for sustainability in fashion showcasing promosing brands and developments. Brands, retailers, and visitors can expect a more surprising, and streamlined event. The booth concept will be limited to a maximum size of 100 sqm, with a new sustainable booth system.

The summer editions of PREMIUM, SEEK, and the CONSCIOUS CLUB will take place on the 11th & 12th of July 2023 in Berlin.

Source:

Premium Group

17.03.2023

ERCA's new business unit: ERCA TCS (Textile Chemical Solutions)

January 2024 marks the official birth of ERCA TCS (Textile Chemical Solutions), a business unit of ERCA S.p.A. with a focus on the textile market. Founded in the 1960s, ERCA S.p.A. is an Italian company, present with six plants in three macro-regions: Europe, Latin America and Asia. The ERCA group produces specialty and auxiliary chemicals with a responsible innovation approach and its production covers several markets: textiles, cosmetics, polyurethanes, concrete.

Why a business unit that caters solely to the textile industry? The decision to give birth to ERCA TCS comes from the desire to be a unique and innovative reference point for ERCA's customers, with products and
services designed specifically for the needs of today's textile industry, grappling with the challenges and
opportunities of sustainability and responsible production.

January 2024 marks the official birth of ERCA TCS (Textile Chemical Solutions), a business unit of ERCA S.p.A. with a focus on the textile market. Founded in the 1960s, ERCA S.p.A. is an Italian company, present with six plants in three macro-regions: Europe, Latin America and Asia. The ERCA group produces specialty and auxiliary chemicals with a responsible innovation approach and its production covers several markets: textiles, cosmetics, polyurethanes, concrete.

Why a business unit that caters solely to the textile industry? The decision to give birth to ERCA TCS comes from the desire to be a unique and innovative reference point for ERCA's customers, with products and
services designed specifically for the needs of today's textile industry, grappling with the challenges and
opportunities of sustainability and responsible production.

ERCA TCS bases its activities on the principles of "Green Chemistry" with the aim of offering the textile industry chemical solutions that make the concepts of safety, performance and circularity a reality. The chemical auxiliaries of ERCA TCS are the result of a vision that incorporates responsible innovation, continuous research, and a desire to offer to the market effective yet ethically, environmentally, and economically sustainable solutions.

The green, high tech and circular commitment of ERCA TCS is demonstrated by a product and brand range that is totally based on the circular economy, which started from a problem - the disposal of used vegetable oil - and turned it into a resource, into a raw material for the production of chemical auxiliaries for the textile industry: REVECOL®, the circular range of high-performance, made-in-Italy, GRS-certified chemical auxiliaries. The REVECOL® range can be used on any type of fiber, recycled or not.

Source:

ERCA S.p.A. / classecohub