From the Sector

The Teijin Group companies Teijin Carbon America, Renegade Materials and Teijin Aramid will participate in CAMX. the largest, most comprehensive composites and advanced materials event in North America, in San Diego, USA. At the TEIJIN booth, visitors can explore innovative composite solutions and learn about the comprehensive technical support and provided services.

Teijin's diverse network of materials companies excels across various fields, ranging from high-performance carbon and aramid fibers to cutting-edge industrial textiles and revolutionary, cost-effective prepreg composite solutions. The shared commitment to quality, innovation, and environmental responsibility unites Teijin in their mission to deliver eco-friendly solutions across multiple industries and applications, including pressure vessels, aerospace, and both defense and commercial aircraft construction.

Teijin’s dedication to acquiring appropriate certifications for sustainable production and product development underscores the high level of commitment to lead in this field. In the past years, Teijin has continuously striven to minimize their carbon footprint and global impact, while also supporting customers on their own sustainability journeys. This year, Teijin Aramid achieved the EcoVadis Gold Medal recognition, placing the company in the top 5% of all companies across all industries globally and in the top 3% of all man-made fiber manufacturers worldwide.

Teijin Carbon has been awarded the ISCC Plus certification for its production in Germany and Japan and is on track to receive the same certification in the U.S. in the coming months. This accreditation allows the Teijin Carbon Group to prove to its customers sustainable products that contribute to a circular economy. Teijin Carbon is diligently working toward establishing new sustainability standards, promoting ecological innovations, and fostering partnerships for a more sustainable world.

Teijin is looking forward to engaging with customers and partners at CAMX 2024 in San Diego to discuss innovative ideas for the circular economy and recycling processes.

Teijin Carbon is one of the world's leading manufacturers of Tenax™ carbon fibers and carbon fiber-based materials, with production sites in the US, Germany, Japan and Vietnam. Teijin Carbon develops solutions for the aerospace, automotive, energy, electronics and sporting goods industries using high-performance technologies in an international environment. They work closely with their partners to create a fully circular value chain. The goal to make Teijin’s products net CO₂-free by 2050 aligns with the commitment to global society to find solutions and take action to combat it.

As a manufacturer of intermediate materials in the US, Renegade Materials is known for its product expertise and commitment to customer satisfaction. Renegade Materials distinguishes itself by merging cutting-edge materials science with advanced prepreg manufacturing and testing equipment, all meticulously controlled by rigorous quality management systems. Renegade is steadfast in their commitment to the development and largescale production of advanced, multi-functional materials that offer engineered solutions to the current composite design, usage and affordability initiatives in the aerospace industry.

Teijin Aramid is a global leader in high-performance aramid fiber, a subsidiary of the global Teijin Group. Specializing in high-performance aramid fibers, their materials are used in automotive and aerospace industries, ballistic protection and more.

RE&UP Recycling Technologies, an innovator in scalable recycling solutions for Next-Gen fibers, announces its recognition as one of the winners of the ITMF Start-up Award 2024. This accolade highlights RE&UP's commitment to advancing more sustainable practices in the textile industry through recycling technologies.

The ITMF Start-up Award, presented annually by the International Textile Manufacturers Federation (ITMF), aims to honor start-ups that showcase innovative and transformative ideas poised to make a impact on the textile sector. This year’s award ceremony will be held during the ITMF & IAF Conference 2024 from September 8-10 in Samarkand, Uzbekistan, co-hosted by the Uzbek Textile & Apparel Industry Association (UZTS).

As one of the four winners of the ITMF Start-up Award 2024, along with Sci-Lume Labs, Sycoretec CAS, Syre Impact, RE&UP will have the opportunity to present its business model and technological advancements at the upcoming conference, where leaders from across the global textile value chain will gather. This platform will enable RE&UP to connect with established companies and explore collaborative opportunities to further integrate sustainable practices in textile manufacturing.

Trützschler and the Indian company Gimatex have a long relationship that began in 2006. Gimatex has used Trützschler’s IDF in direct spinning and are now using it to turn textile waste into ring yarn.

Gimatex Industries Pvt. Ltd. operates fully integrated facilities with ginning, spinning, recycling, weaving and processing units in Hinganghat, within India’s cotton-growing region of Vidarbha. It also runs a fabric processing unit in Dholka, near Ahmedabad. Together, Trützschler and Gimatex are working in close collaboration with the shared aim of extending that long history far into the future.

Trützschler’s Integrated Draw Frame (IDF) technology is at the heart of this collaboration. Gimatex is using these solutions to produce high-quality yarn. In particular, IDF enables Gimatex to produce yarns from a wide variety of raw materials – from 100 percent cotton through to polyester, recycled fibers and blends of various different inputs.

Gimatex mainly uses Trützschler IDF to manufacture rotor yarns in a direct spinning process. Direct spinning means shortening the spinning process by eliminating draw frame passages. Fiber slivers are fed directly from the card into the integrated drafting passage. This direct spinning concept uses less electricity and less space than conventional draw frame passages, which helps Gimatex to cut costs while increasing output volumes – with no compromise in quality. Most often, IDF technology is used for rotor and vortex spinning. However, the team at Gimatex is now also one of the first spinning mills in India to develop a special IDF process for producing traditional and recycled ring yarn. This allows the company to leverage the same setup it uses for open-end yarn. The ring yarn produced in this unusual way is mostly coarser varieties and recycling blends for cotton / spandex (lycra) products, with Ne 10s and Ne 16s. The yarn goes through a blow room into a TC 15 card with IDF, before entering a Trützschler TD 10 draw frame, a speed frame and a ring frame.

Indorama Ventures Public Company Limited (IVL) reported a slight rise in quarterly performance, supported by a gradual recovery in sales volumes and as management executes the company’s IVL 2.0 strategy to optimize its manufacturing model, reduce costs, and enhance competitiveness.

Indorama Ventures’ reported Adjusted EBITDA  of $370 million in 2Q24, a 1% rise QoQ and a decline of 11% YoY. The company’s sales volumes increased 1% YoY due to subdued economic activity, but also signaling the end of a prolonged period of destocking that began in late 2022. Operating rates for the group increased from 74% to 76% in 1H24, although still at lower-than-average levels, signifying the weak global economic conditions. On a proforma basis, considering asset optimization actions, operating rates increase to 81%.

The Indovinya segment posted a robust performance on improved margins and rebounding demand for its high value-add downstream products. The packaging business, newly renamed ‘Indovida’, also performed well due to its leading footprint in emerging markets.

Looking ahead, Indorama Ventures is encouraged by the gradual improvement in the operating environment as customer inventory levels normalize, which is expected to spur further growth in volumes across all segments in 2H24. The company also expects to benefit in 2H24 from its shale gas advantage in the U.S, reflected in ethylene crack margins, positively impacting its integrated MEG business. Continued higher import prices in Western markets will enhance the company’s competitiveness as a leading local operator.

While the polyester industry manages the downcycle, Indorama Ventures’ experienced management team is working hard to deleverage and optimize the business under the company’s IVL 2.0 strategy to emerge stronger and drive enhanced earnings quality in an era of higher interest rates and a substantially changed industry landscape. As flagged at its Capital Markets Day on 6 March this year and reaffirmed in its Mid year strategic update on 24 July, the company is making substantial progress with IVL 2.0. In 2Q24, it recorded an impairment and expense provision of $666 million ($543 million is non cash) under its asset optimization program to improve manufacturing efficiency and reduce fixed costs. The cost benefits will start from 3Q24 and amount to about $170 million in savings in 2025. The company expects that the remaining asset optimizations will not have material impairments.

Management is continuing its intense focus on managing costs and extracting efficiencies, including its Olympus 2.0 program. These efforts achieved $47 million in savings in 1H24 ($29 million in 2Q24). The company is continually optimizing its capital expenditure, with capex supporting investments in sustainability—such as recycling in India—and automation and digital technology, as well as ongoing projects.

A key part of Indorama Ventures’ transformation journey is the implementation of new digital and AI tools to drive operational excellence in key areas, including manufacturing, commercial, procurement, sales, supply chain, and finance excellence. A significant portion of operations now have the new SAP S/4HANA ERP platform as a digital core, while rollouts of other world-leading solutions are ongoing in a phased approach through to 2026.

Segment Performances
The Combined PET (CPET) with Intermediate Chemicals segment posted an Adjusted EBITDA of $234 million in 2Q24, a 6% decline QoQ and a 25% decrease YoY, due to a one-time upside impact from a campaign run of NDC campaign in 1Q24 and as reduced industry spreads weighed on the Integrated PET business. A cracker outage at Lake Charles in the U.S also resulted in a $17-18 million impact to EBITDA. The cracker is gradually up and running in 3Q24.

The Indovinya segment recorded a strong Adjusted EBITDA of $98 million, a 41% gain QoQ and 85% YoY on increased volumes as destocking eased, supported by demand for downstream chemical surfactants amid the U.S crops season.

The Fibers segment recorded Adjusted EBITDA of $39 million, a 2% rise QoQ and a 19% gain YoY amid improved sales strategies and a robust focus on cost management, even as volumes declined, particularly in the Lifestyle business.

CARBIOS and FCC Environment UK, a recycling and waste management companies in the UK, have signed a Letter of Intent (LOI) to jointly study the implementation of a UK-based plant using CARBIOS’ PET biorecycling licensed technology.  CARBIOS’ biorecycling technology is key to supporting FCC’s continuing goal of contributing to the circular economy by exploring new processes and technologies to produce recycled PET (r-PET) from PET plastic and textiles. For CARBIOS, this LOI confirms interest from the waste management sector, in addition to plastic producers, and would mean a foothold for its technology in the UK.

FCC’s continuing contribution to the UK circular economy
Recycling has plateaued in the UK in recent years, but UK Government policy very much supports a continual move to a more circular economy which FCC Environment supports. Achieving a circular economy however requires innovation and investment to deliver real environmental change. Exploring biorecycling is one way of doing this, so FCC is keen to understand this technology better by seeking an evidence based view on the advantages of using enzymes for the treatment of PET such as lower energy consumption and better circularity of the polymers back into the PET production lines. The depolymerization process developed by CARBIOS also facilitates the recycling of all kinds of PET waste, including problematic fractions such as polyester textiles, into high-quality recycled PET.

UK PET biorecycling plant would process hard-to-recycle waste
In order to tackle the plastic waste crisis, CARBIOS has developed a enzymatic depolymerization technology that enables efficient and solvent-free recycling of PET plastic and textile waste into virgin-like products. CARBIOS has ambitious plans to become a leading technology provider in the recycling of PET by 2035. In addition to the world’s first industrial-scale enzymatic PET recycling plant which is currently under construction in Longlaville, France, this UK-based plant would process PET waste that is currently not recyclable using conventional recycling technologies, such as colored, multilayered or textile waste.

Transforming old textiles into new, high-quality materials on a large scale – that is the subject of a new innovation project by eeden, the Textile Logistics Center (CTL) at the Niederrhein University of Applied Sciences and the Fraunhofer IML, and Hohenstein.

The project aims to promote a circular textile economy through technological and logistical optimizations. eeden's innovative fiber-to-fiber recycling process will be further developed to efficiently process textile waste from laundries. Additionally, logistics will be restructured, from collection to recycling, to ensure a resource-conserving and efficient supply of this material stream. With a total investment of over €625,000, the project is co-financed by the Ministry for the Environment, Nature Conservation and Transport of the State of North Rhine-Westphalia and the European Union as part of the Green Economy in NRW innovation competition.

Hohenstein and eeden jointly conduct analytical tests on used textiles to accurately determine the properties of the textile waste after various cleaning cycles.

Subsequently, the CTL, supported by eeden, will develop a concept for the efficient procurement of raw materials and their integration into a sustainable business structure.

Finally, the new process will be validated by eeden on a technical scale. By 2026, the close collaboration between eeden, the Center Textile Logistics (CTL) and Hohenstein aims to promote textile circularity and make a significant contribution to reducing textile waste.

Indorama Ventures Public Company Limited announces its role in the T-REX (Textile Recycling Excellence) Project. This initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future. By bringing together key stakeholders across the entire value chain, the project positions itself at the forefront of sustainable innovation.

The designated spinning partner, Indorama Ventures, will process the chemical recycled feedstock into polyester yarns and fibers through the extrusion process, ensuring the elimination of impurities. The company’s participation in the project also aligns with its goals of driving the circular economy and circular fashion industry through PET recycling and supply of recycled materials, underscoring its commitment to sustainability.

The T-REX Project launched with the aim of creating a harmonised blueprint which will support the creation of a circular system for post-consumer textile waste within Europe. The EU funded project brings together a consortium of 13 major players from across the entire value chain along with research institutes to transform end-of-use textiles from waste into valuable feedstock and a commodity for new business models that can be adopted at scale.

In a position paper published, the companies organised in the VDMA Textile Machinery Association comment on the ambitious EU regulations and their national implementation for the sustainable and circular transformation of the textile and clothing industry.

The production of textiles requires a large number of resources, such as water, energy and chemicals. “The members of VDMA Textile Machinery support customers with products worldwide to utilise great potential already at the textile production stage to thereby reduce CO2 emissions“, explained Verena Thies, Deputy Chairwoman of VDMA Textile Machinery.

The position statement emphasises the importance of efficient processes, circular economy and binding rules for all market participants. Besides, the position paper summarises the status of textile-to-textile recycling processes as well as the framework conditions for reprocessing of recyclates. The companies of VDMA Textile Machinery develop processes and technologies for recycling and provide the technical prerequisites for the efficient reuse and recycling of textile raw materials, whether natural or man-made fibres.
The Executive Board of VDMA Textile Machinery stresses additionally, that the new EU regulations for circular economy and their national implementation must be designed with realistic targets, measurable effects and as little bureaucracy as possible. Furthermore, market surveillance is needed to ensure a level playing field for all market participants.

On behalf of the industry, the VDMA Textile Machinery Association calls for creating better location conditions in Germany and EU as a favourable environment for innovation und competitiveness for textile machinery manufacturing to significantly advance the sustainability of the textile industry: The Textile Machinery Association strongly emphasises the need for a wide range of low-cost green energy, which is essential for the implementation and sustainable use of recycling solutions in the manufacturing industry. The association also sees the positive shaping of location conditions (the potential for skilled labour, a reduction in bureaucracy, shorter approval periods, investment security and predictability as well as a reduction in the tax burden) as a decisive factor for supporting sustainable business in the highly competitive textile and clothing industry.

Latest developments in the sustainable textile industry will be introduced and discussed at the “Cellulose Fibres Conference 2025 – New with Biosynthetics” in Cologne, Germany and online, on 12-13 March 2025. Abstract submission is now open.

In 2024, 214 participants enjoyed two conference days in Cologne or online. The highlights were 40 presentations with lively panel discussions afterwards, the innovation award “Cellulose Fibre Innovation of the Year”, an exhibition, the poster session and plenty of networking possibilities. All of this will be repeated in 2025, including new topics, new speakers and new inputs. The “Cellulose Fibres Conference 2025” will again cover the entire value chain, from lignocellulose, chemical pulp, cellulose fibres such as rayon, viscose, modal or lyocell and new developments to a wide range of applications, e.g. textiles from renewable fibres, nonwovens such as wet wipes and composites, hygiene and packaging. The conference will further address topics like circular economy, fibre-to-fibre recycling and sustainable carbon cycles, biosynthetics, new technologies and feedstocks.

Call for Abstracts
Enterprises and research institutes are invited to contribute to the program and present their innovative products, technologies or developments. Deadline for submission is 30 September 2024.
cellulose-fibres.eu/call-for-abstracts

Call for Innovations
The conference will conclude with the innovation award “Cellulose Fibre Innovation 2025” whose winner can join the ranks of amazing innovations. The deadline for innovation submissions is 30 November 2024. The innovation award “Cellulose Fibre Innovation of the Year 2025” is sponsored by GIG Karasek.
cellulose-fibres.eu/award-application

Call for posters
The poster exhibition is highly anticipated event at the conference. Poster submissions are open until 31 January 2025.
cellulose-fibres.eu/call-for-posters

Achieving Borealis’ vision of leading a sustainable transformation through innovative plastics and base chemicals solutions to create a fully circular future requires fresh thinking. Through the Borealis Scientific Innovation Awards (BSIA), Borealis provides a platform for ideas that accelerate the circular transformation and encourages the dedication and diligence needed to drive sustainable progress.
 
This year, the BSIA will recognize peer-reviewed publications or theses (publication paper, Bachelor, Master, PHD, Postdoc) that describe an innovative idea within the focus area of new solutions for the sustainable production and use of plastics. This includes e.g. new catalysts, energy efficient polymerization processes, recycling of polymers and polymeric materials for energy transformation.  
 
The call for submissions is open thinkers from the professional and academic scientific communities, from entrepreneurs, engineers, chemical engineers and start-ups to university researchers. Applicants can submit their peer-reviewed publication or theses (publication paper, Bachelor, Master, PHD, Postdoc) until September 15, 2024 via the Borealis website.  
 
Upon submission, a panel of Borealis research representatives will review the applications and select three winners. The awardees will be invited to present their work in person at an award ceremony at the Borealis Innovation Headquarters in Linz, Austria.  
 
The awards consist of a certificate, a cash prize (EUR 5,000 for first place, EUR 2,000 for second place, and EUR 1,000 for third place), a Borealis-funded trip to Linz, Austria and, of course, the invaluable opportunity for exposure and networking.