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01.03.2024

AkzoNobel: New manufacturing plant in Pakistan

A new €26 million manufacturing plant with its own forest has been opened by AkzoNobel in Faisalabad – the company’s largest investment in Pakistan to date.

The 25-acre site, which has facilities for making decorative paint, wood finishes, automotive and specialty coatings, coil coatings and protective coatings, will help to meet increasing customer demand across a variety of markets.

Also incorporated into the Faisalabad location is a forest spanning an area of 5,450 square feet. More than 1,400 native trees and shrubs – planted using the Japanese Miyawaki gardening technique – are expected to grow into a flourishing self-sustaining ecosystem over the next two years.

The site, which employs nearly 200 people, has been constructed to comply with the company’s strict environmental standards and includes a series of sustainability features, such as renewable energy generation and energy efficient design.

A new €26 million manufacturing plant with its own forest has been opened by AkzoNobel in Faisalabad – the company’s largest investment in Pakistan to date.

The 25-acre site, which has facilities for making decorative paint, wood finishes, automotive and specialty coatings, coil coatings and protective coatings, will help to meet increasing customer demand across a variety of markets.

Also incorporated into the Faisalabad location is a forest spanning an area of 5,450 square feet. More than 1,400 native trees and shrubs – planted using the Japanese Miyawaki gardening technique – are expected to grow into a flourishing self-sustaining ecosystem over the next two years.

The site, which employs nearly 200 people, has been constructed to comply with the company’s strict environmental standards and includes a series of sustainability features, such as renewable energy generation and energy efficient design.

Source:

AkzoNobel

KARL MAYER TURKEY appoints General Manager (c) KARL MAYER GROUP
Toros Greenhalgh, General Manager of KARL MAYER TURKEY
02.02.2024

KARL MAYER TURKEY appoints General Manager

Toros Greenhalgh becomes General Manager of the new KARL MAYER subsidiary in Türkiye

In October 2023, the KARL MAYER GROUP established its own site in Bursa, Türkiye, thus increasing its presence in one of its most important markets. KARL MAYER TURKEY will meet increasing customer demands for after-sales service, spare parts (Care Solutions), and academy, in the sectors of warp knitting and warp preparation, while KARL MAYER’s long-standing regional representative ERKO focuses on machine sales.

Toros Greenhalgh was appointed General Manager of KARL MAYER TURKEY on February 1st of this year. Holding a degree in mechanical engineering and materials science from the University of Birmingham, he comes with experience in the fields of industrial plant construction management, renewable energy technologies, and the distribution of medical devices. For the past seven years he has been active in the sector of textile machinery through ERKO with particular focus on KARL MAYER machine sales, service, and spare parts.

Toros Greenhalgh becomes General Manager of the new KARL MAYER subsidiary in Türkiye

In October 2023, the KARL MAYER GROUP established its own site in Bursa, Türkiye, thus increasing its presence in one of its most important markets. KARL MAYER TURKEY will meet increasing customer demands for after-sales service, spare parts (Care Solutions), and academy, in the sectors of warp knitting and warp preparation, while KARL MAYER’s long-standing regional representative ERKO focuses on machine sales.

Toros Greenhalgh was appointed General Manager of KARL MAYER TURKEY on February 1st of this year. Holding a degree in mechanical engineering and materials science from the University of Birmingham, he comes with experience in the fields of industrial plant construction management, renewable energy technologies, and the distribution of medical devices. For the past seven years he has been active in the sector of textile machinery through ERKO with particular focus on KARL MAYER machine sales, service, and spare parts.

More information:
Karl Mayer Manager Turkey
Source:

KARL MAYER GROUP

26.01.2024

Solvay reduces transportation carbon footprint

Solvay is partnering with transportation providers KIITOSIMEON and ADAMS LOGISTICS to reduce the carbon footprint of its facility in Voikkaa, Finland. Known for its hydrogen peroxide technology, the site has a yearly capacity of 85 kilotons, making it the largest hydrogen peroxide unit in the country and one of the largest in Europe. However, the transportation of its products results in more than 850 tons of CO2 emissions annually, attributed to the several thousands deliveries conducted each year.

While the Voikkaa site has been operating on 100% wind-generated electricity since 2023, the journey towards decarbonization takes another step forward as it transitions transportation fuel from diesel to biofuel in the first quarter of 2024. This shift will result in a significant annual reduction of over 700 tons of CO2 emissions, representing more than 8O% reduction in the site's transportation carbon footprint.

Solvay is partnering with transportation providers KIITOSIMEON and ADAMS LOGISTICS to reduce the carbon footprint of its facility in Voikkaa, Finland. Known for its hydrogen peroxide technology, the site has a yearly capacity of 85 kilotons, making it the largest hydrogen peroxide unit in the country and one of the largest in Europe. However, the transportation of its products results in more than 850 tons of CO2 emissions annually, attributed to the several thousands deliveries conducted each year.

While the Voikkaa site has been operating on 100% wind-generated electricity since 2023, the journey towards decarbonization takes another step forward as it transitions transportation fuel from diesel to biofuel in the first quarter of 2024. This shift will result in a significant annual reduction of over 700 tons of CO2 emissions, representing more than 8O% reduction in the site's transportation carbon footprint.

As part of its commitment to carbon neutrality by 2050, Solvay has outlined a sustainability roadmap with around 40 energy transition projects. These projects focus on eliminating coal usage, emphasizing renewable energy sources, prioritizing energy efficiency, and driving process innovation. Solvay has further committed to reduce its emissions* along the value chain by 20% by 2030.

*scope 3 emissions, focus 5 categories, 2021 baseline

16.01.2024

Hohenstein releases 2023 sustainability report

The report details sustainability efforts at its Boennigheim headquarters and targets for 2024. Hohenstein has replaced previous environmental guidelines with strategic development in accordance with Environmental, Social and Corporate Governance (ESG) and adopted a sustainability roadmap for the future.

Hohenstein has been implementing environmental and social measures for decades. As the first neutral assessment of these measures in 2019, Hohenstein participated in the ECOfit programme in Baden-Württemberg, Germany. A regular external assessment is to be introduced in 2024.

The report details sustainability efforts at its Boennigheim headquarters and targets for 2024. Hohenstein has replaced previous environmental guidelines with strategic development in accordance with Environmental, Social and Corporate Governance (ESG) and adopted a sustainability roadmap for the future.

Hohenstein has been implementing environmental and social measures for decades. As the first neutral assessment of these measures in 2019, Hohenstein participated in the ECOfit programme in Baden-Württemberg, Germany. A regular external assessment is to be introduced in 2024.

  • Environmental: Overall, energy consumption was actively reduced, and renewable energy use promoted. Hohenstein also collected rail and air travel data to be used in CO2 accounting in 2024.
  • Social: Hohenstein actively involved its employees in sustainability activities based on a survey and internal education. In future, Hohenstein will improve the ratio of female managers and implement a training campaign on the company values for employees.
  • Governance: Hohenstein management has prioritized good communication through regular colloquia for employees and access to human resources consultation. They intend to intensify the dialogue with employees through further events.
Source:

Hohenstein

04.01.2024

Panda Biotech Marks Final Stage Commissioning

Panda Biotech announced that building construction is complete and the official commissioning process to bring its Panda High Plains Hemp Gin™ (the “Panda Hemp Gin”) project online began in early Q4. The commissioning process marks the final stage before beginning commercial operations in Q1 2024 at the 500,000 square foot Wichita Falls, Texas facility. The Panda Hemp Gin will process 10 metric tons of industrial hemp per hour to produce textile-grade fiber, hurd, short-fiber hurd mix, and a nutrient-rich co-product that will be pelletized. The facility is expected to be the largest hemp decortication center in the Western Hemisphere and among the largest in the world.

Using only renewable energy sources, the engineering and production process at the Panda Hemp Gin has been certified green by Mid-South Engineering Company, in accordance with the International Capital Market Association’s Green Bond Principles. Panda Biotech has also partnered with Oritain, a scientific traceability company, to bring the most traceable hemp grown 100 percent in the United States to market.

Panda Biotech announced that building construction is complete and the official commissioning process to bring its Panda High Plains Hemp Gin™ (the “Panda Hemp Gin”) project online began in early Q4. The commissioning process marks the final stage before beginning commercial operations in Q1 2024 at the 500,000 square foot Wichita Falls, Texas facility. The Panda Hemp Gin will process 10 metric tons of industrial hemp per hour to produce textile-grade fiber, hurd, short-fiber hurd mix, and a nutrient-rich co-product that will be pelletized. The facility is expected to be the largest hemp decortication center in the Western Hemisphere and among the largest in the world.

Using only renewable energy sources, the engineering and production process at the Panda Hemp Gin has been certified green by Mid-South Engineering Company, in accordance with the International Capital Market Association’s Green Bond Principles. Panda Biotech has also partnered with Oritain, a scientific traceability company, to bring the most traceable hemp grown 100 percent in the United States to market.

Additionally, Panda Biotech is actively signing contracts with producers to grow the hemp feedstock for the 2024 growing season, as well as purchasing hemp fiber that has already been harvested or processed. The company recently unveiled an unmatched pay-to-grow program for producers to begin growing Panda hemp. With up-front, guaranteed money and agronomy support, Panda producers also receive tested and proven seed at no cost, successfully mitigating the risk producers may assume and underscoring Panda’s commitment and promise to the farming community. The benefits of growing hemp are substantial, as it is an excellent rotational crop that remediates the soil and provides a competitive margin.

“Each piece of the Panda Hemp Gin production line, including the three miles of overhead pneumatic duct lines, refining, blending, mechanical cottonization, hurd bagging and storage, baling, and more, must be individually started, checked, balanced, and commissioned,” says Panda Biotech Executive Vice President Scott Evans. “Currently, all equipment is individually being brought online to be officially placed in service.”

More information:
Panda Biotech hemp
Source:

Panda Biotech, LLC.

04.01.2024

The climate-friendly carbon fiber - up to 50% less CO2 emissions

SGL Carbon relies on climate-friendly manufacturing processes in the production of its own carbon fibers. By using renewable energy, the carbon footprint of SGL fiber can be reduced by up to 50% compared to a conventional fiber.  

SGL carbon fiber is produced at the Lavradio (Portugal) and Moses Lake (USA) sites. When the Moses Lake site was selected in the 1990s, the use of hydropower as an energy source played a particularly decisive role. As a result, around 75,000 tonnes of CO2 can be saved in Moses Lake by purchasing electricity from hydropower plants compared to a fossil fuel-based electricity mix.

As part of the consistent implementation of its climate strategy, SGL Carbon will be using a CO2-neutral biomass system to generate energy from the beginning of 2024, which will make the production system, which was previously based on natural gas, more flexible and climate-friendly. At full capacity, the biomass system in Lavradio can save more than 90,000 tons of CO2.

The raw material used is wood pellets, which are sourced from a radius of 250 kilometres via short transport routes.

SGL Carbon relies on climate-friendly manufacturing processes in the production of its own carbon fibers. By using renewable energy, the carbon footprint of SGL fiber can be reduced by up to 50% compared to a conventional fiber.  

SGL carbon fiber is produced at the Lavradio (Portugal) and Moses Lake (USA) sites. When the Moses Lake site was selected in the 1990s, the use of hydropower as an energy source played a particularly decisive role. As a result, around 75,000 tonnes of CO2 can be saved in Moses Lake by purchasing electricity from hydropower plants compared to a fossil fuel-based electricity mix.

As part of the consistent implementation of its climate strategy, SGL Carbon will be using a CO2-neutral biomass system to generate energy from the beginning of 2024, which will make the production system, which was previously based on natural gas, more flexible and climate-friendly. At full capacity, the biomass system in Lavradio can save more than 90,000 tons of CO2.

The raw material used is wood pellets, which are sourced from a radius of 250 kilometres via short transport routes.

The climate-friendly energy supply at the site in Moses Lake (USA) combined with the new biomass plant in Lavradio (Portugal) lead to a reduction in CO2 emissions of up to 50% in the production of SGL's own carbon fibers compared to conventional fibers. With the investment in the biomass system, SGL Carbon is pursuing its climate strategy. The target is to save 50% CO2 emissions by the end of 2025 compared to the base year 2019 and to be climate-neutral by the end of 2038. In the period 2019 to 2022, SGL Carbon has reduced its CO2 emissions by 17%.

Source:

SGL Carbon SE

Lenzing relies on wind power in the fiber and pulp production (c) Lenzing AG
At the ground-breaking ceremony, from left to right: Josef Reiter (Mayor of Engelhartstetten) Thomas Östros (Vice-President of the European Investment Bank) Helga Krismer-Huber (Green Party Lower Austria LAbg) Stephan Pernkopf (Deputy Governor of Lower Austria) Leonore Gewessler (Minister for Climate Protection) Gregor Erasim (owner of WLK energy) Gerda Holzinger-Burgstaller (Chairwoman of the Management Board of Erste Bank Österreich) Bianca Flesch (Environmental Management Messer Austria GmbH) Mario Wohanka (WLK Chief Financial Officer) Christian Skilich (CTO Lenzing AG)
10.11.2023

Lenzing relies on wind power in the fiber and pulp production

The Lenzing Group has concluded a supply contract with the Austrian electricity producer WLK energy for the purchase of around 13 megawatts of wind power. Lenzing is thus not only underlining its commitment to climate protection and the energy transition, but is also making a long-term investment in a price-stable and diversified electricity supply. The contract has a term of 15 years and provides for supply from the new wind farm in Engelhartstetten from the first quarter of 2025.

The construction of the wind farm is a joint project involving several partners, including the operator and electricity supplier WLK energy, based in Untersiebenbrunn (Lower Austria). The total output of the wind farm with a total of eleven wind turbines will be around 45 megawatts. The share of around 13 megawatts, which will be produced exclusively for the needs of the Lenzing site (Upper Austria), corresponds to the average electricity requirements of around 10,000 households per year in Austria. The ground-breaking ceremony to mark the start of construction took place on November 09, 2023 with representatives from politics and business.

The Lenzing Group has concluded a supply contract with the Austrian electricity producer WLK energy for the purchase of around 13 megawatts of wind power. Lenzing is thus not only underlining its commitment to climate protection and the energy transition, but is also making a long-term investment in a price-stable and diversified electricity supply. The contract has a term of 15 years and provides for supply from the new wind farm in Engelhartstetten from the first quarter of 2025.

The construction of the wind farm is a joint project involving several partners, including the operator and electricity supplier WLK energy, based in Untersiebenbrunn (Lower Austria). The total output of the wind farm with a total of eleven wind turbines will be around 45 megawatts. The share of around 13 megawatts, which will be produced exclusively for the needs of the Lenzing site (Upper Austria), corresponds to the average electricity requirements of around 10,000 households per year in Austria. The ground-breaking ceremony to mark the start of construction took place on November 09, 2023 with representatives from politics and business.

In 2019, Lenzing was the first fiber manufacturer to set itself the goal of reducing its CO2 emissions by 50 percent by 2030 and becoming carbon-neutral by 2050. This CO2 reduction target was recognized by the Science Based Targets Initiative. In 2022, Lenzing opened Upper Austria's largest open-space photovoltaic plant together with Verbund and also signed an electricity supply contract for photovoltaic energy with the green electricity producer Enery and Energie Steiermark.

Source:

Lenzing AG

(c) adidas AG
19.06.2023

Over one million people came together to adidas’ Move For The Planet

Over 1.2 million people came together to Move For The Planet, a new global initiative by adidas that harnessed the collective activity of sporting communities across the world.

Over 173 million active minutes were tracked overall across countries in the adidas Running app with adidas pledging to donate €1 to Common Goal for every 10 minutes of activity logged across 34 sports between June 1-12 – up to €1.5m.

The contributions will support projects around the globe that educate and engage communities through sport. One such organisation selected by adidas and Common Goal is the ISF Cambodia (ISF), a charity with 16 years of experience using education and sport to change lives.

The specific project will enable the installation of solar panels to light their football fields – creating safer spaces for girls and the wider community to practice in whilst at the same time, using renewable energy.

Over 1.2 million people came together to Move For The Planet, a new global initiative by adidas that harnessed the collective activity of sporting communities across the world.

Over 173 million active minutes were tracked overall across countries in the adidas Running app with adidas pledging to donate €1 to Common Goal for every 10 minutes of activity logged across 34 sports between June 1-12 – up to €1.5m.

The contributions will support projects around the globe that educate and engage communities through sport. One such organisation selected by adidas and Common Goal is the ISF Cambodia (ISF), a charity with 16 years of experience using education and sport to change lives.

The specific project will enable the installation of solar panels to light their football fields – creating safer spaces for girls and the wider community to practice in whilst at the same time, using renewable energy.

In addition to the solar panels, together with Football for Future and Common Goal, adidas is facilitating education on environmental sustainability through sport for ISF with a focus on helping the organization to raise awareness of environmental action in the community.

This will complement ISF workshops on environmental protection, the use of single use-plastic and waste management processes, enabling the children and young adults involved to be positive role models for their community.

Move For The Planet is part of adidas’ wider sustainability initiatives as the company continues its mission to make what’s best for the athlete. Earlier this year, adidas announced that it is ahead of schedule in its journey to replace virgin polyester with recycled polyester in its products wherever possible by the end of 2024. In 2022, 96% of all the polyester adidas used was recycled.

Source:

adidas AG

(c) Sappi Europe
19.06.2023

Sappi Gratkorn’s increases share of renewable energy

As part of Sappi Europe's full scale decarbonisation roadmap, Gratkorn mill is expanding the share of biomass to be used as an energy source, further driving the move away from fossil fuels as part of the mill’s contribution to the European roadmap. The project follows the recent modernisation of the power plant boiler which enabled the shift from coal to a combined approach of biomass and natural gas.

The mill is now embarking on a next step, enhancing its infrastructure and therefore capacity in order to handle the delivery, sorting and processing of increased biomass levels. This increased utilisation requires an improved biomass handling system at the mill as well as decentralised intermediate storage terminals within the surrounding regions.

"With our long-standing competent wood sourcing partner Papierholz Austria, we will continue our journey to move away from fossil fuels at Gratkorn mill and work towards a climate-neutral future”, says Peter Putz, Managing Director of Sappi Austria GmbH.

For the near term, Sappi’s decarbonisation roadmap includes close to 80 projects being carried out across its European mills by 2025.

As part of Sappi Europe's full scale decarbonisation roadmap, Gratkorn mill is expanding the share of biomass to be used as an energy source, further driving the move away from fossil fuels as part of the mill’s contribution to the European roadmap. The project follows the recent modernisation of the power plant boiler which enabled the shift from coal to a combined approach of biomass and natural gas.

The mill is now embarking on a next step, enhancing its infrastructure and therefore capacity in order to handle the delivery, sorting and processing of increased biomass levels. This increased utilisation requires an improved biomass handling system at the mill as well as decentralised intermediate storage terminals within the surrounding regions.

"With our long-standing competent wood sourcing partner Papierholz Austria, we will continue our journey to move away from fossil fuels at Gratkorn mill and work towards a climate-neutral future”, says Peter Putz, Managing Director of Sappi Austria GmbH.

For the near term, Sappi’s decarbonisation roadmap includes close to 80 projects being carried out across its European mills by 2025.

“Our 2025 roadmap identifies the path we have embarked on towards a carbon-neutral future,” explains Sarah Price, Director Sustainability of Sappi Europe. The objective is to reduce emissions of specific greenhouse gases (Scope 1 and 2) by 25 per cent and to increase the share of renewable energy in Europe to 50 per cent by 2025 (compared to 2019). Additionally, Sappi’s 2030 science-based target is to reduce carbon emissions by 41.5% per ton of product. “We’re already making good progress towards these targets, with a large number of projects already well-underway or completed”.

Source:

Sappi Europe

(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

(c) Indorama Ventures Public Company Limited
17.05.2023

Indorama Ventures upgraded MSCI ESG Ratings

Indorama Ventures Public Company Limited, a global sustainable chemical producer, was upgraded to "A" from "BBB" in MSCI’s ESG rating, reaffirming the company’s effective management of sustainability related risks and opportunities.

MSCI (Morgan Stanley Capital International), an independent provider of research-based indices and analytics, ranked Indorama Ventures among the top 14% of 65 companies worldwide in the commodity chemicals industry. The rating has placed it in the top quartile for opportunities in clean tech, water stress, corporate governance, and corporate behavior.

Indorama Ventures Public Company Limited, a global sustainable chemical producer, was upgraded to "A" from "BBB" in MSCI’s ESG rating, reaffirming the company’s effective management of sustainability related risks and opportunities.

MSCI (Morgan Stanley Capital International), an independent provider of research-based indices and analytics, ranked Indorama Ventures among the top 14% of 65 companies worldwide in the commodity chemicals industry. The rating has placed it in the top quartile for opportunities in clean tech, water stress, corporate governance, and corporate behavior.

Indorama Ventures is committed to reducing water intensity by 10% by 2025 and 20% by 2030. It developed a Water Risk Assessment Report on its contributions to achieving sustainable management of water targets and the United Nations Sustainable Development Goals (UN SDGs). For improved corporate governance, the company provides whistleblowers with protection from retaliation, and has policies on business ethics and anti-corruption. Relating to opportunities in clean tech, Indorama Ventures’ is investing in recycling technology and biomass feedstock under its Vision 2030, and is also investing in operational efficiencies, carbon capture technology, renewable energy, and phasing out coal to reduce Scope 1 and Scope 2 greenhouse gas emissions.

MSCI ESG Ratings aim to measure a company’s resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key issues based on a company’s business model. Investors, including pension funds, sovereign wealth funds, endowments, and asset managers, commonly consider the ratings to assess financial risks in the investment process.

Source:

Indorama Ventures Public Company Limited

05.05.2023

SGL Carbon: Business Development in Q1 2023

  • Sales increase by 4.7% to €283.7 million in Q1 2023
  • Adjusted EBITDA improves by 9.0% to €40.1 million
  • Growth based in particular on strong demand from the semiconductor industry

SGL Carbon generated Group sales of €283.7 million in Q1 2023 (Q1 2022: €270.9 million). This corresponds to an increase of €12.8 million or 4.7% compared to the same period of the previous year. Increased demand for specialty graphite components for the semiconductor industry from the Graphite Solutions business unit contributed in particular to the pleasing increase in sales. But also the Process Technology and Composite Solutions business units continued their positive business development.

Accordingly, adjusted EBITDA (EBITDApre) improved by 9.0% to €40.1 million in the reporting period (Q1 2022: €36.8 million).

  • Sales increase by 4.7% to €283.7 million in Q1 2023
  • Adjusted EBITDA improves by 9.0% to €40.1 million
  • Growth based in particular on strong demand from the semiconductor industry

SGL Carbon generated Group sales of €283.7 million in Q1 2023 (Q1 2022: €270.9 million). This corresponds to an increase of €12.8 million or 4.7% compared to the same period of the previous year. Increased demand for specialty graphite components for the semiconductor industry from the Graphite Solutions business unit contributed in particular to the pleasing increase in sales. But also the Process Technology and Composite Solutions business units continued their positive business development.

Accordingly, adjusted EBITDA (EBITDApre) improved by 9.0% to €40.1 million in the reporting period (Q1 2022: €36.8 million).

Sales development
In the first three months of fiscal year 2023, the business unit Graphite Solutions was the main driver of SGL Carbon's growth with an increase in sales of €21.3 million or 17.8%. This is due in particular to the reallocation of production capacities from the solar industry market segment to the semiconductor industry. The Process Technology (+€6.6 million) and Composite Solutions (+€4.0 million) business units also contributed to the increase in sales.

The Carbon Fibers (CF) business unit recorded a decline in sales of €24.0 million in the reporting period. The decline is mainly due to the scheduled expiry of the attractive supply contract for the BMW i3 in the middle of last year. Freed-up production capacities were compensated by orders from the wind industry in the 2nd half of 2022. But the necessary construction of wind turbines in Europe is currently stalling. Low building permits and high manufacturing costs are temporarily hampering the construction and expansion of wind parks and therefore the necessary increase in renewable energy.

Earnings development
In line with the sales development combined with higher capacity utilization and positive product mix effects, adjusted EBITDA (EBITDApre) improved from €36.8 million to €40.1 million in Q1 2023, representing a quarter-on-quarter increase of 9.0%.

Taking into account depreciation and amortization of €14.3 million (Q1 2022: €14.1 million) as well as one-off effects and non-recurring items of minus €0.1 million, EBIT in the reporting period amounted to €25.7 million (Q1 2022: €31.2 million). It should be noted that Q1 of the previous year was positively impacted by one-off effects and and non-recurring items amounting to €8.5 million. Accordingly, net profit for the period of €15.3 million was lower than in the same quarter of the previous year (€21.5 million).

Debt, equity and capitel expenditure
Net financial debt increased slightly to €174.2 million as of March 31, 2023 (Dec. 31, 2022: €170.8 million). The leverage ratio remains unchanged at 1.0. Due to the positive consolidated net income, the equity ratio increased again slightly compared to the end of fiscal 2022 to 39.5% (Dec. 31, 2022: 38.5%).

Looking at the capital expenditure in Q1 2023, it amounted to €19.0 million, which is higher than the average values of the previous quarters. "At the beginning of 2023, we had already announced the expansion of our investment activities to expand production capacities in the Graphite Solutions business unit. In previous years, our capital expenditure was in line with depreciation and amortization. In addition to these approximately €60 million, we will invest further €20 to €30 million in 2023, which will be financed by advance payments in the context of long-term supply contracts from our customers in the semiconductor industry. Our semiconductor customers secure future production capacities for graphite components, which are needed for their own growth. In return, SGL Carbon's long-term supply contracts will enable future profitable growth," said Dr. Torsten Derr, CEO of SGL Carbon.

Outlook
In line with the business performance in the first three months of 2023, the company confirms the sales and earnings guidance issued on March 23, 2023.

For the financial year 2023, Group sales are expected to be at the prior-year level and  EBITDApre between €160 - 180 million. Taking into account depreciation and amortization, EBITpre is forecast to be between €100 - 120 million. Furthermore, free cash flow at the end of fiscal 2023 is expected to be at the prior-year level and return on capital employed (ROCE) between 10% and 12%.

Source:

SGL CARBON SE

05.05.2023

Stahl's emissions reduction targets approved by Science Based Targets initiative (SBTi)

Stahl announces that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). Stahl is one of the few coatings companies to receive this validation. To date, 145 companies in the chemicals sector have submitted an emissions reduction target to the SBTi, of which 61 have had their targets validated.

Stahl’s science-based targets, which reflect the company’s commitment to the 2015 Paris Agreement goals, are:  

  • Stahl Holdings B.V. commits to reduce absolute scope 1 & 2 GHG emissions 42.0% by CY2030 from a CY2021 base year.*
  • Stahl Holdings B.V. commits to reduce absolute scope 3 GHG emissions 25.0% by CY2030 from a CY2021 base year.

The SBTi classifies emissions reduction targets according to two potential temperature pathways: 1) limiting global temperature rises to 1.5°C above pre-industrial levels, and 2) limiting temperature rises to well below 2°C. The SBTi has determined that Stahl’s Scope 1 and 2 target is in line with a 1.5°C trajectory, while Stahl’s Scope 3 target has been validated in line with the well-below 2°C pathway.

Stahl announces that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). Stahl is one of the few coatings companies to receive this validation. To date, 145 companies in the chemicals sector have submitted an emissions reduction target to the SBTi, of which 61 have had their targets validated.

Stahl’s science-based targets, which reflect the company’s commitment to the 2015 Paris Agreement goals, are:  

  • Stahl Holdings B.V. commits to reduce absolute scope 1 & 2 GHG emissions 42.0% by CY2030 from a CY2021 base year.*
  • Stahl Holdings B.V. commits to reduce absolute scope 3 GHG emissions 25.0% by CY2030 from a CY2021 base year.

The SBTi classifies emissions reduction targets according to two potential temperature pathways: 1) limiting global temperature rises to 1.5°C above pre-industrial levels, and 2) limiting temperature rises to well below 2°C. The SBTi has determined that Stahl’s Scope 1 and 2 target is in line with a 1.5°C trajectory, while Stahl’s Scope 3 target has been validated in line with the well-below 2°C pathway.

Maarten Heijbroek, CEO of Stahl: “The validation of our Scope 1, 2, and 3 emissions reduction targets by the SBTi is an important milestone on our ESG journey as we strive to limit our contribution to global warming, in line with the Paris Agreement. Our targets are ambitious, and rightly so. Realizing our goal to help create a more responsible coatings value chain starts with being accountable for our own environmental impact, and taking concrete steps to reduce our emissions wherever possible.”

A clear strategy to reduce GHG emissions
Stahl’s approach to realizing its near-term emissions reduction targets is outlined in the company’s Environmental, Social, and Governance (ESG) Roadmap to 2030. This strategy defines the specific metrics against which progress on the company’s ESG commitments will be measured.

Stahl’s Scope 1 and 2 GHG emissions reduction targets, as submitted to the SBTi, cover emissions from all manufacturing sites where Stahl products are produced, as well as the company’s largest non-manufacturing locations. Stahl aims to lower these emissions by reducing its overall energy consumption and increasing the use of renewable energy at its sites. To achieve this, the company plans to increase its self-generated electricity capacity (using solar power, for example) and continue investing in more energy-efficient equipment.

Stahl plans to reduce its Scope 3 upstream emissions primarily by replacing fossil-based raw materials in its products with renewable alternatives, such as bio-based and recycled-based feedstocks. In addition, the company plans to introduce more low-impact raw materials into its product design.

* The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.

Source:

Stahl Holdings B.V.

(c) A. Monforts Textilmaschinen GmbH & Co. KG
Members and associates of the WasserSTOFF consortium from Monforts, Pleva, NTB Nova Textil, TU Freiberg, Hochschule Niederrhein and Honeywell Thermal Solutions, at the launch meeting of the new project at the Monforts ATC in Mönchengladbach.
28.04.2023

Monforts presents green hydrogen project WasserSTOFF at ITMA 2023

At ITMA 2023 in Milan from June 8-14 this year, Monforts is organising two free-to-attend seminars and discussions on the potential of green hydrogen as a new energy source for textile finishing, drying and related processes.

Monforts is currently leading a consortium of industrial partners and universities in the three-year WasserSTOFF project, launched in November 2022, that is exploring all aspects of this exciting and fast-rising new industrial energy option.
The target of the government-funded project is to establish to what extent hydrogen can be used in the future as an alternative heating source for textile finishing processes. This will first involve tests on laboratory equipment together with associated partners and the results will then be transferred to a stenter frame at the Monforts Advanced Technology Center (ATC).

At ITMA 2023 in Milan from June 8-14 this year, Monforts is organising two free-to-attend seminars and discussions on the potential of green hydrogen as a new energy source for textile finishing, drying and related processes.

Monforts is currently leading a consortium of industrial partners and universities in the three-year WasserSTOFF project, launched in November 2022, that is exploring all aspects of this exciting and fast-rising new industrial energy option.
The target of the government-funded project is to establish to what extent hydrogen can be used in the future as an alternative heating source for textile finishing processes. This will first involve tests on laboratory equipment together with associated partners and the results will then be transferred to a stenter frame at the Monforts Advanced Technology Center (ATC).

To be considered “green”, hydrogen must be produced using a zero-carbon process that is powered by renewable energy sources such as wind or solar. Currently, the cleanest method of hydrogen production is electrolysis, using an electrically-powered electrolyzer to separate water molecules into hydrogen and oxygen. The purity of the hydrogen is also important, and impurities must be removed via a separation process.

“Despite all its advantages, there are obstacles to overcome on the way to widespread, economically-feasible green hydrogen use,” explains Monforts Textile Technologies Engineer Jonas Beisel. “Until there are widely available, reliable and economical sources of this clean power, the cost of producing it will remain prohibitive. The infrastructure is not yet there, and hydrogen also has a tendency to make steel brittle and subject to fracture, which is something that requires further investigation in both its transportation and use in industrial processing.
“Green energy’s potential as a clean fuel source is tremendous, but there is much we need to explore when considering its use in the textile finishing processes carried out globally on our industry-leading Montex stenter dryers and other machines.”

At its Advanced Technology Center (ATC) in Mönchengladbach, Monforts will be carrying out intensive tests and trials to assess the reliability of both processes and final products when different natural gas and hydrogen mixtures – up to 100% green hydrogen – are employed. The results will be closely analysed by the consortium partners because there are many parameters that at this stage remain unknown.

The aim, Beisel adds, is to both reduce CO2 emissions and – following the rising prices and industry turbulence experienced by manufacturers over the past year or so – to further reduce a dependency on natural gas.

The three-year WasserSTOFF project is sponsored by Germany’s Federal Ministry for Economic Affairs and Climate Action, and with Monforts at the helm brings together industrial partners Pleva and NTB Nova Textil, with academic input from the Hochschule Niederrhein and the Technical University of Freiberg.

(c) Yanfeng International
The official handover of the solar panels took place at the East London plant together with the SolarAfrica management
19.04.2023

Yanfeng: Change to renewable energy for production in South Africa

Yanfeng has reached another milestone in its sustainability journey by bringing the power of solar energy to its plants in South Africa. The global automotive supplier already uses renewable energy at all its locations in Europe – some of which are already operating with 100% green energy – and now will supplement its operations in South Africa with sustainable and emission-free solar energy generation.

Many sectors are facing major challenges with the transition to a low-carbon economy. The automotive sector in particular faces many operational and economic challenges when transforming production plants into net-zero emission operations. Thanks to its commitment to sustainability, 100% of the solar energy generated by the PV systems is used to power Yanfeng’s production plants in South Africa, helping them save around 2,559 tons of CO2 annually while reducing their monthly costs and increasing efficiencies.

Yanfeng has reached another milestone in its sustainability journey by bringing the power of solar energy to its plants in South Africa. The global automotive supplier already uses renewable energy at all its locations in Europe – some of which are already operating with 100% green energy – and now will supplement its operations in South Africa with sustainable and emission-free solar energy generation.

Many sectors are facing major challenges with the transition to a low-carbon economy. The automotive sector in particular faces many operational and economic challenges when transforming production plants into net-zero emission operations. Thanks to its commitment to sustainability, 100% of the solar energy generated by the PV systems is used to power Yanfeng’s production plants in South Africa, helping them save around 2,559 tons of CO2 annually while reducing their monthly costs and increasing efficiencies.

The solar energy systems were funded by SolarAfrica, which will also operate, maintain and monitor the systems going forward. “From the outset of these projects, Yanfeng’s focus was on reducing their CO2 emissions and SolarAfrica is proud to partner with them to make their journey towards sustainability a success,” said David McDonald, CEO of SolarAfrica. “It’s inspiring to see a global company like Yanfeng invest in world-class facilities in South Africa, contributing to our country’s green economy and supporting job creation in the automotive industry.”
 
All Yanfeng European plants were converted to renewable energy by the beginning of 2022. With this new PV system, Yanfeng has implemented a milestone in the conversion to net-zero emission production at its two plants in South Africa.

Source:

Yanfeng International

24.03.2023

RadiciGroup: Zeta Polimeri becomes Radici EcoMaterials Srl

A little over three years have passed since RadiciGroup announced the acquisition of Zeta Polimeri, an Italian company headquartered in Buronzo (VC) with over 30 years' experience in the recovery of pre- and post-consumer synthetic fibres and thermoplastic materials. Today, the company has become a full member of the Group with its new name Radici EcoMaterials Srl.

The new company’s long-standing know-how, combined with RadiciGroup’s as a whole, will create a virtuous production system that recovers worn-out materials (fabric, yarn and granules), or otherwise unusable materials, and processes them into raw materials available for other production cycles by taking advantage of industrial synergy.

A little over three years have passed since RadiciGroup announced the acquisition of Zeta Polimeri, an Italian company headquartered in Buronzo (VC) with over 30 years' experience in the recovery of pre- and post-consumer synthetic fibres and thermoplastic materials. Today, the company has become a full member of the Group with its new name Radici EcoMaterials Srl.

The new company’s long-standing know-how, combined with RadiciGroup’s as a whole, will create a virtuous production system that recovers worn-out materials (fabric, yarn and granules), or otherwise unusable materials, and processes them into raw materials available for other production cycles by taking advantage of industrial synergy.

Radici EcoMaterials is a strategic production site because it handles all the preliminary recovery stages: the sorting, processing and pre-treatment of materials, including those used for the production of post-consumer yarns and engineering polymers. In this sense, Radici EcoMaterials is in line with the most recent European policies on sustainable textiles, which address minimizing the share of materials destined for disposal sites, favouring instead more structured recycling solutions.

Radici EcoMaterials is also GRS certified. GRS certification ensures the complete traceability of its materials, which are made in a safe plant that meets the highest environmental and social certification standards.

The company is also equipped with a photovoltaic system and, for the portion of its energy needs not covered by the photovoltaic source, it partially relies on renewable energy. The goal is to use 100% green energy in the next few years, in accord with RadiciGroup's goals.

Source:

RadiciGroup

15.02.2023

Yanfeng recognized for global environmental leadership

Automotive supplier, Yanfeng has been awarded a second consecutive A−rating by Carbon Disclosure Project (CDP) for the group's global leadership in transparency and action on climate change in 2022. Nearly 15,000 companies were rated based on data which they submitted to the organization. Yanfeng also received an Environmental Leadership Award by CDP China

CDP is a non-profit organization which operates a global disclosure system to enable investors, companies, cities, states, and regions to manage their environmental impacts. Every year, several thousand companies worldwide are analyzed about their strategic approach to the challenges of climate change and their climate management activities are rated on the basis of a comprehensive list of criteria. CDP’s annual environmental disclosure and rating process is widely recognized as the gold standard for corporate environmental transparency.

Automotive supplier, Yanfeng has been awarded a second consecutive A−rating by Carbon Disclosure Project (CDP) for the group's global leadership in transparency and action on climate change in 2022. Nearly 15,000 companies were rated based on data which they submitted to the organization. Yanfeng also received an Environmental Leadership Award by CDP China

CDP is a non-profit organization which operates a global disclosure system to enable investors, companies, cities, states, and regions to manage their environmental impacts. Every year, several thousand companies worldwide are analyzed about their strategic approach to the challenges of climate change and their climate management activities are rated on the basis of a comprehensive list of criteria. CDP’s annual environmental disclosure and rating process is widely recognized as the gold standard for corporate environmental transparency.

Yanfeng improved its scores in value chain engagement and climate-related requirements for suppliers, as well as targets for increasing low-carbon energy consumption or production.
“As our company-wide target for carbon neutrality, we aim to achieve 100% of our total energy consumption from renewable energy sources by 2030,” said Gunnar Büchter, Vice President of Global Sustainability at Yanfeng. All European plants converted to renewable energy by the beginning of 2022, and other regions also increased their utilization of renewable energy sources. Significant progress has been made in China. By end of 2021 a total of 30% of energy came from renewable sources.

03.02.2023

Sustainable Apparel Coalition partners with Bangladesh Apparel Exchange

The Sustainable Apparel Coalition (SAC), an independent and impact-creating organization that brings together around half of the apparel industry to enable positive social and environmental impact at scale, announces its strategic partnership with the Bangladesh Apparel Exchange (BAE) for its fourth edition of the Sustainable Apparel Forum. The event aims to bring together stakeholders to discuss and exchange ideas on how to advance sustainability within the textile and apparel industry.

Taking place on March 15 and 16, 2023, this year’s Sustainable Apparel Forum will focus on five key subject areas of the apparel and textile supply chain: circular economy, climate impact & action, renewable energy & green funding, skill development and green job prospects & challenges. Delegates in attendance will include, garment manufacturers, brands and retailers, development partners, foreign missions and embassies in Bangladesh, impact creating organizations, apparel and textile associations, industry leaders, government officials, secretariats and ministers.

The Sustainable Apparel Coalition (SAC), an independent and impact-creating organization that brings together around half of the apparel industry to enable positive social and environmental impact at scale, announces its strategic partnership with the Bangladesh Apparel Exchange (BAE) for its fourth edition of the Sustainable Apparel Forum. The event aims to bring together stakeholders to discuss and exchange ideas on how to advance sustainability within the textile and apparel industry.

Taking place on March 15 and 16, 2023, this year’s Sustainable Apparel Forum will focus on five key subject areas of the apparel and textile supply chain: circular economy, climate impact & action, renewable energy & green funding, skill development and green job prospects & challenges. Delegates in attendance will include, garment manufacturers, brands and retailers, development partners, foreign missions and embassies in Bangladesh, impact creating organizations, apparel and textile associations, industry leaders, government officials, secretariats and ministers.

The first day of the forum will be geared towards roundtable discussions and workshop sessions on circularity, while day two, the main conference day of the event, will feature panel discussions, presentations & keynote speeches along with strategic guidelines from government officials and industry leaders.

Vidhura Rapanawe, Board Director, Andrew Martin, VP, Membership and Stakeholder Engagement, and Joyce Tsoi, Director of Collective Action Programs, along with other team members, will represent the SAC, including participation in a discussion on decarbonization and what it will take for the industry to achieve the necessary reduction of carbon emissions. The SAC will also actively participate and organize a special workshop for manufacturers as part of their continued stakeholder engagement efforts.

Source:

Bangladesh Apparel Exchange (BAE)

(c) AkzoNobel
01.02.2023

AkzoNobel using 100% renewable electricity in North America

All of AkzoNobel’s locations in North America are now operating on 100% renewable electricity – helping to drive the company’s ambition of reducing carbon emissions across the full value chain by 50% by 2030 (baseline 2018).

The milestone – reached at the beginning of the year – is the latest in AkzoNobel’s ongoing efforts to transition to 100% renewable electricity at all its sites globally, with Europe having achieved the landmark at the start of 2022.  

The transition to 100% renewable electricity in North America includes manufacturing sites, offices, warehouses and research and development facilities. However, the company is looking much further than its own operations.
Examples of how AkzoNobel is moving to 100% renewable electricity globally include:

All of AkzoNobel’s locations in North America are now operating on 100% renewable electricity – helping to drive the company’s ambition of reducing carbon emissions across the full value chain by 50% by 2030 (baseline 2018).

The milestone – reached at the beginning of the year – is the latest in AkzoNobel’s ongoing efforts to transition to 100% renewable electricity at all its sites globally, with Europe having achieved the landmark at the start of 2022.  

The transition to 100% renewable electricity in North America includes manufacturing sites, offices, warehouses and research and development facilities. However, the company is looking much further than its own operations.
Examples of how AkzoNobel is moving to 100% renewable electricity globally include:

  • Self-generated renewable electricity – by installing solar panels at many of their locations and continue to make steady progress
  • Sourcing renewable electricity – the electricity generated by their solar panels covers only part of their total electricity consumption needs. For the remainder, they'll continue to purchase renewable electricity with certificates of origin.
Source:

AkzoNobel

(c) Lenzing AG
03.10.2022

Lenzing: Ground-mounted photovoltaic system becomes operational

The Lenzing Group and VERBUND, an energy transition company, launched the first development stage of the largest ground-mounted photovoltaic system in Upper Austria. Together with its energy partner VERBUND, Lenzing is also paving the way for the transition to zero-emission mobility. The installation of electric vehicle charging infrastructure at the company’s premises underlines Lenzing’s commitment to the energy transition process.

The Lenzing Group and VERBUND, an energy transition company, launched the first development stage of the largest ground-mounted photovoltaic system in Upper Austria. Together with its energy partner VERBUND, Lenzing is also paving the way for the transition to zero-emission mobility. The installation of electric vehicle charging infrastructure at the company’s premises underlines Lenzing’s commitment to the energy transition process.

Thanks to the ground-mounted photovoltaic system at the “Ofenloch” landfill site, Lenzing, in conjunction with VERBUND, is consistently moving forward on the path to a carbon-free energy supply and has commissioned the first half of the new photovoltaic system with a peak power of 2,780 kWp. Full commissioning of the system with a peak power of 5,560 kWp is envisaged in mid-October. Annual electricity production will amount to 6,000,000 kWh, which is expected to cut CO2 emissions by some 4,400 tonnes per year. The Austrian pioneer in fiber production already commissioned three rooftop photovoltaic systems in spring/summer of 2022, with a peak power of 1,454 kWp and annual electricity production of some 1,508,000 kWh. The electricity flows directly into the company’s on-site production and will also power electric charging stations in future. In the first development stage, 16 wallboxes are set to be installed by the end of the year. A further 32 charging points are planned for 2023. The charging stations will be accessible to staff, visitors and the company’s own vehicle fleet.

“VERBUND’s photovoltaic operator model allows us to make the transition to solar power without incurring investment costs or risks. Thanks to the constant expansion in renewable energy, we remain on course to ecologize the value chain, while optimizing our carbon footprint, cutting costs and reducing the load on the grid, as we are using nearly 100 percent of photovoltaic power in our production,” explains Christian Skilich, Chief Pulp Officer of the Lenzing Group.

More information:
Lenzing energy consumption CO2
Source:

Lenzing AG