From the Sector

Reset
782 results
(c) Monfort
Full configuration of the Monforts and KMA Umwelttechnik line.
20.01.2022

Monforts: MonforClean brings Energy Savings for Albarrie

Albarrie – a major player in North America’s industrial nonwovens industry – is now benefiting from one of the first Monforts Montex stenter installations equipped with the full range of MonforClean heat recovery and exhaust air purification technologies.

With the new three-chamber Montex stenter at its plant in Barrie, Ontario, the Canadian company is treating specialised needlepunched nonwovens up to 4mm thick. These have applications in a wide range of filter media and performance fabrics.

The new Montex is enabling Albarrie to heat set and dry its materials to produce denser, higher quality fabrics which can also be finished and delivered to customers more rapidly.

Across timezones
It took a crew of skilled millwrights, electricians and product specialists to build the line which was delivered in 11 shipping containers to Albarrie’s production facility. The line was originally scheduled to be fully operational in the Spring of 2020, but the ongoing global Covid-19 pandemic inevitably led to several delays during the start-up and commissioning process.

Albarrie – a major player in North America’s industrial nonwovens industry – is now benefiting from one of the first Monforts Montex stenter installations equipped with the full range of MonforClean heat recovery and exhaust air purification technologies.

With the new three-chamber Montex stenter at its plant in Barrie, Ontario, the Canadian company is treating specialised needlepunched nonwovens up to 4mm thick. These have applications in a wide range of filter media and performance fabrics.

The new Montex is enabling Albarrie to heat set and dry its materials to produce denser, higher quality fabrics which can also be finished and delivered to customers more rapidly.

Across timezones
It took a crew of skilled millwrights, electricians and product specialists to build the line which was delivered in 11 shipping containers to Albarrie’s production facility. The line was originally scheduled to be fully operational in the Spring of 2020, but the ongoing global Covid-19 pandemic inevitably led to several delays during the start-up and commissioning process.

Energy savings
The Albarrie Montex line’s MonforClean capabilities include an air-to-air cross flow heat exchanger and an electrostatic precipitator providing the ability to purify the exhaust air and to recover energy to a maximum of 22,500 cubic metres of air per hour, resulting in a radical reduction in the conventional heat supply required. The MonforClean was developed in cooperation with partner KMA Umwelttechnik, based in Königswinter, Germany.

The fully automated system is powered by a Siemens SPS S7 controller and KP 700 touch panel from which the recycled energy can be continuously monitored and savings calculated.

The three-chamber Montex stenter is fitted with the latest Monforts Qualitex 800 PLC control system with WebUI, providing ease of operation, a full operating cost overview and maintenance monitoring.

Source:

Monfort

(c) Indorama Ventures Public Company Limited
20.01.2022

Indorama Ventures’ Group CEO recognized among Top 40 Power Players

The Group CEO of Indorama Ventures Public Company Limited (IVL) has been ranked 12th in the Top 40 Power Players 2022 list announced by the leading chemical market information provider, Independent Commodity Intelligence Services (ICIS). The ranking consists of global CEOs and senior executives who are making the greatest positive impact on their companies and the chemical industry.

This recognition recognises Aloke Lohia’s distinction in leading IVL towards a more sustainable  and purposeful future. He is spearheading IVL’s efforts to meet its sustainability objectives, including strengthening its circular economy and PET recycling initiatives. The company pledged $1.5 billion in investments to meet green targets, including a commitment to increase its global PET recycling capacity to 750,000 tons per year by 2025.

The Group CEO of Indorama Ventures Public Company Limited (IVL) has been ranked 12th in the Top 40 Power Players 2022 list announced by the leading chemical market information provider, Independent Commodity Intelligence Services (ICIS). The ranking consists of global CEOs and senior executives who are making the greatest positive impact on their companies and the chemical industry.

This recognition recognises Aloke Lohia’s distinction in leading IVL towards a more sustainable  and purposeful future. He is spearheading IVL’s efforts to meet its sustainability objectives, including strengthening its circular economy and PET recycling initiatives. The company pledged $1.5 billion in investments to meet green targets, including a commitment to increase its global PET recycling capacity to 750,000 tons per year by 2025.

In 2021, IVL announced it is building a facility in Karawang, Indonesia, to recycle almost 2 billion plastic bottles a year in support of the government’s plan to reduce ocean debris. The company also completed a new PNDA unit in Decatur, Alabama, USA, making it the world’s largest producer. IVL also agreed to acquire Brazil-based Oxiteno, a leading integrated surfactant producer.

The Top 40 Power Players list ranks leaders who demonstrate excellence and vision in the areas of ESG (Environmental, Social, and Governance), innovation, M&A/portfolio management, projects, and profitability/shareholder value. The ICIS also revealed that ESG and sustainability have increasingly played more vital roles in this year’s ranking as they are clearly key components for future growth.

(c) BioRECO2ver Project
19.01.2022

nova-Institute: BioRECO2VER project - Conversion of CO2 into chemical building blocks

CO2 as renewable carbon source
Carbon is the main element in numerous materials used in industrial processes and in our daily lives. It is currently mostly provided from fossil sources. But what if carbon could be used directly from CO2 emissions? Biotechnology shows particularly great potential for the eco-effective conversion of climate-damaging CO2 emissions into valuable basic chemicals. A consortium of 12 partners investigated this pathway in the EU-funded BioRECO2VER project, examining the conversion of CO2 emissions from refineries and the cement industry into the chemical building blocks isobutene (C4H8) and lactate (C2H6O3).

CO2 as renewable carbon source
Carbon is the main element in numerous materials used in industrial processes and in our daily lives. It is currently mostly provided from fossil sources. But what if carbon could be used directly from CO2 emissions? Biotechnology shows particularly great potential for the eco-effective conversion of climate-damaging CO2 emissions into valuable basic chemicals. A consortium of 12 partners investigated this pathway in the EU-funded BioRECO2VER project, examining the conversion of CO2 emissions from refineries and the cement industry into the chemical building blocks isobutene (C4H8) and lactate (C2H6O3).

Innovative chemo-enzymatic concept for CO2 Capture
Project partner Luleå University of Technology (LTU) focused on the first process step of capturing and concentrating CO2 from industrial point sources. Their team developed a hybrid chemo-enzymatic process consisting of a novel solvent blend and an ultrastable carbonic anhydrase (CA) enzyme. The solvent blend included an amino acid ionic liquid and a tertiary amine and displayed a good compromise between enzyme compatibility, absorption rate, capacity and desorption potential. In addition, LTU generated ultrastable enzyme mutants that showed 50% increased resistance to selected flue gas inhibitors compared to the original CA. This 3-component CO2 capture process was scaled up in a pilot rig, and the set-up further used for real off gas pre-treatment in the project.

Two unique pilots for biotechnological CO2 Conversion/Utilization
The biotechnological conversion of (captured) CO2 and the co-substrate hydrogen by microorganisms poses technical and economic challenges because it takes place in the liquid phase and the substrates are gases which are poorly soluble. The BioRECO2VER project investigated two approaches to address this: fermentation under elevated pressure and bio-electrochemistry with in situ production of hydrogen.

Pressurized fermenter
Project coordinator VITO designed a flexible and multifunctional high-pressure fermenter, customized for research activities with advanced online sensors, monitoring and control, and also including a membrane filtration unit to achieve high concentrations of the microbial biocatalysts. The set-up was broadly tested in the BioRECO2VER project both with pure CO2 and CO2-rich off-gases but can also be used for investigations involving other poorly soluble gases, such as methane, oxygen, or synthesis gas. Pressures up to 10 bar can be applied.

First solely CO2-based bio-electrochemical platform
University of Girona designed and tested a bio-electrochemical platform. The key differentiators of the pilot plant are:

  • Two parallel lines to test engineered strains and bio-electrochemical systems
  • Fully automated pilot plant capable to control key operational parameters (pCO2, pO2, pH2, pH, Temperature) to intensify the process performance
  • Solid-liquid separation unit (membrane) to recover the planktonic cells and return them into the bio-electrochemical systems.

This unique infrastructure will be used beyond the project to support further research and development activities in the broad area of CO2 capture and conversion.

Source:

nova-Institut GmbH

19.01.2022

EFI Connect Conference highlights new Digital Print Innovations

During the 22nd annual Connect conference at the Wynn Las Vegas Resort, Electronics For Imaging, Inc. is highlighting digital print innovations, that give print businesses more capability and profit potential in a range of market applications. Display graphics inkjet offerings at Connect from the company’s leading-edge product portfolio include the new EFI™ Pro 30h production printer. Plus, Connect features the first-ever live demonstration of the new EFI Fiery® FS500 Pro digital front end (DFE) – the most-advanced print server in EFI’s 30+ year history – and the debut of the EFI Fiery Impress™ DFE, a scalable, flexible server and colour management solution for inkjet label and packaging applications as well as for inline manufacturing lines that need variable print.
                                               
EFI Connect has more than 130 break-out sessions presenting the latest tips and trends across all the industry segments EFI supports. This includes sessions addressing the growing analogue-to-digital transformation opportunities using EFI’s industrial Corrugated & Packaging, Textile, and Building Materials/Décor solutions.

During the 22nd annual Connect conference at the Wynn Las Vegas Resort, Electronics For Imaging, Inc. is highlighting digital print innovations, that give print businesses more capability and profit potential in a range of market applications. Display graphics inkjet offerings at Connect from the company’s leading-edge product portfolio include the new EFI™ Pro 30h production printer. Plus, Connect features the first-ever live demonstration of the new EFI Fiery® FS500 Pro digital front end (DFE) – the most-advanced print server in EFI’s 30+ year history – and the debut of the EFI Fiery Impress™ DFE, a scalable, flexible server and colour management solution for inkjet label and packaging applications as well as for inline manufacturing lines that need variable print.
                                               
EFI Connect has more than 130 break-out sessions presenting the latest tips and trends across all the industry segments EFI supports. This includes sessions addressing the growing analogue-to-digital transformation opportunities using EFI’s industrial Corrugated & Packaging, Textile, and Building Materials/Décor solutions.
 
EFI Connect also marks the debut of an innovative prepress product for display graphics businesses, EFI Fiery Prep-it™ software for the preparation, layout, and automated production of print-for-cut jobs. Designed to address productivity needs amid continued labour shortages, this powerful and cost-saving true-shape nesting solution reduces the time needed to nest complex objects for wide-format printing by up to 90%. Compared with competing products, Fiery Prep-it software also reduces media usage by 10% or more, helping to alleviate media supply constraints. With the media savings it generates, this affordable, effective software can pay for itself in four months or less, helping print shops become more competitive.

19.01.2022

Tata Communications announces its financial results for Q3 FY2022

Tata Communications, a global digital ecosystem enabler, today announces its financial results for the quarter and nine months ended 31st December 2021.

Highlights Q3 FY2022:

  • Sequential growth in Data business continues; revenues were at INR 3,233 crore, growing by +3.0% QoQ and +3.4% YoY. All 3 segments (Core Connectivity, Digital Platforms, & Incubation services) of Data business witnessed healthy growth
  • Digital Platforms and Solutions continue to improve and gain growth momentum, revenues grew by +5.2% QoQ and +6.7% YoY
  • Within Digital Platforms, all segments except Collaboration witnessed double digit YoY growth and strong sequential growth
  • Core Connectivity witnessed a revenue growth of +1.6% QoQ and +1.3% YoY
  • Consolidated revenue came in at INR 4,185 crore (USD 558.5 Mn); growth of +0.3% QoQ and a decline of -0.9% YoY. Consolidated EBITDA at INR 1,082.5 crore (USD 144.5 Mn); an increase of +3.5% YoY, with margins in at 25.9%, expanding by 110 BPs as compared to same quarter last year
  • Consolidated PAT stands at INR 395 crore (USD 52.8 Mn), growth of + 27.8% YoY

Tata Communications, a global digital ecosystem enabler, today announces its financial results for the quarter and nine months ended 31st December 2021.

Highlights Q3 FY2022:

  • Sequential growth in Data business continues; revenues were at INR 3,233 crore, growing by +3.0% QoQ and +3.4% YoY. All 3 segments (Core Connectivity, Digital Platforms, & Incubation services) of Data business witnessed healthy growth
  • Digital Platforms and Solutions continue to improve and gain growth momentum, revenues grew by +5.2% QoQ and +6.7% YoY
  • Within Digital Platforms, all segments except Collaboration witnessed double digit YoY growth and strong sequential growth
  • Core Connectivity witnessed a revenue growth of +1.6% QoQ and +1.3% YoY
  • Consolidated revenue came in at INR 4,185 crore (USD 558.5 Mn); growth of +0.3% QoQ and a decline of -0.9% YoY. Consolidated EBITDA at INR 1,082.5 crore (USD 144.5 Mn); an increase of +3.5% YoY, with margins in at 25.9%, expanding by 110 BPs as compared to same quarter last year
  • Consolidated PAT stands at INR 395 crore (USD 52.8 Mn), growth of + 27.8% YoY
Source:

Tata Communications / Harvard Engage! Communications

(c) Messe Frankfurt (HK) Ltd.
19.01.2022

Intertextile Shanghai Home Textiles returns in August 2022

Intertextile Shanghai Home Textiles – Autumn Edition is scheduled to hold its 28th edition at the National Exhibition and Convention Center from 15 – 17 August 2022. This leading international trade fair in Asia for home and contract textiles will continue to provide an essential business platform for the industry to meet global sourcing demands. Suppliers can now apply for a booth with an early-bird discount to showcase their trending products.
 

Intertextile Shanghai Home Textiles – Autumn Edition is scheduled to hold its 28th edition at the National Exhibition and Convention Center from 15 – 17 August 2022. This leading international trade fair in Asia for home and contract textiles will continue to provide an essential business platform for the industry to meet global sourcing demands. Suppliers can now apply for a booth with an early-bird discount to showcase their trending products.
 

Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd commented: “We were pleased that both the Spring & Autumn editions could go ahead in 2021 to provide a strong platform for exhibitors and buyers to do business and network in person during these challenging times. To allow for global participation in the show, we will continue to offer value-adding digital solutions in the coming Autumn Edition to help international participants to stay connected with their Chinese business counterparts and open up new possibilities into the growing Chinese market. Interactive webinars, live streaming product presentations, plus the featured Online Business Matching platform, will all be featured again in the hybrid fair, along with a variety of concurrent onsite events for in-person visitors.”

The August fair is preceded by the Spring Edition which will be held from 14 – 16 April. It will take place concurrently with Intertextile Shanghai Apparel Fabrics, Yarn Expo, CHIC and PH Value at the same venue.

A place for the entire home textile industry to connect
The 2021 Autumn Edition welcomed 20,106 trade buyers from 41 countries & regions and 749 exhibitors from 10 countries & regions during the three-day fair. The show also saw the return of the Belgium Pavilion, where it once again introduced a selection of high-end and premium products in its 10th consecutive year of participation.

In order to allow buyers to benefit from a time-saving and effortless sourcing experience, Intertextile Shanghai Home Textiles 2022 will once again serve as a hub for an array of home textile product categories, including:

  • Bedding, Bath, Kitchen & Table
  • Upholstery & Sofa Fabrics
  • Curtains & Curtain Fabrics
  • Carpets & Rugs
  • Wall
  • Design & Technics
  • Whole Home
  • Editors
  • Contract Business
Source:

Messe Frankfurt (HK) Ltd.

(c) SHIMA SEIKI
18.01.2022

SHIMA SEIKI opens Online Store for APEXFiz™ Subscriptions

SHIMA SEIKI MFG., LTD. of Wakayama, Japan announces the opening of its new “SHIMA eStore” online shopping site for purchasing subscriptions to its APEXFiz™ design software. Users can access the SHIMA eStore to purchase and download entry-level APEXFiz™ Design Jr. subscription software, or sign up for a free 30-day trial.

SHIMA SEIKI’s APEXFiz™ subscription-based design software has been on sale since March 2021 as the latest addition to its proven SDS®-ONE APEX series design system lineup. Whereas previous APEX-series design systems were offered as an all-in-one proprietary hardware/software package, APEXFiz™ is available as subscription-based design software that can be installed on customers’ individual computers. Maintaining proven functions that have made the APEX series so popular with fashion designers, with APEXFiz™ those strengths are now enhanced with the added versatility to adapt to different work styles and business environments of the “new normal,” including teleworking and telecommuting.

SHIMA SEIKI MFG., LTD. of Wakayama, Japan announces the opening of its new “SHIMA eStore” online shopping site for purchasing subscriptions to its APEXFiz™ design software. Users can access the SHIMA eStore to purchase and download entry-level APEXFiz™ Design Jr. subscription software, or sign up for a free 30-day trial.

SHIMA SEIKI’s APEXFiz™ subscription-based design software has been on sale since March 2021 as the latest addition to its proven SDS®-ONE APEX series design system lineup. Whereas previous APEX-series design systems were offered as an all-in-one proprietary hardware/software package, APEXFiz™ is available as subscription-based design software that can be installed on customers’ individual computers. Maintaining proven functions that have made the APEX series so popular with fashion designers, with APEXFiz™ those strengths are now enhanced with the added versatility to adapt to different work styles and business environments of the “new normal,” including teleworking and telecommuting.

APEXFiz™ offers the latest fashion tech for supporting the creative side of fashion from planning and design to colorway evaluation, realistic fabric simulation and 3D virtual sampling. Virtual samples are a digitized version of sample making that allows visual confirmation of garment designs without the need for producing physical prototypes, reducing time, cost and material that are otherwise wasted. APEXFiz™ thereby helps to realize sustainability while digitally transforming the fashion supply chain.

APEXFiz™ is available in 5 different software variations from APEXFiz™ Design Jr. to APEXFiz™ Design Pro that can be selected according to each customer's needs. APEXFiz™ Design Jr., sold at the SHIMA eStore, is entry-level software that specializes in the design and simulation of woven and flat knitted fabrics for supporting virtual sampling. Fabric simulations are available in different formats to be used together with 3D virtual sampling software besides APEXFiz™, allowing continued use of software already used by customers while enhancing the realism of digital prototypes created on them.

Source:

SHIMA SEIKI

18.01.2022

EURATEX: BREXIT has been a “lose-lose” deal for the textile industry

Latest trade data (January-September 2021) show a dramatic drop of imports and exports of textile goods between the EU and UK, with significant losses for companies on both sides. The situation is likely to get worse, as the full customs regime between UK and EU has entered into force on 1 January 2022. EURATEX calls on the European Union and the United Kingdom to effectively cooperate to remove the issues in the EU-UK Trade agreement that prevent smooth trade flows.  

Latest trade data (January-September 2021) show a dramatic drop of imports and exports of textile goods between the EU and UK, with significant losses for companies on both sides. The situation is likely to get worse, as the full customs regime between UK and EU has entered into force on 1 January 2022. EURATEX calls on the European Union and the United Kingdom to effectively cooperate to remove the issues in the EU-UK Trade agreement that prevent smooth trade flows.  

All the sectors have been already suffering a significant loss in the past year and textiles has been no exception. Compared to the same period in 2020, between January and September the EU recorded a dramatic fall in imports (-44%, corresponding to almost € 2 billion) and in exports (-22%, corresponding to € 1.6 billion). The data show that the most impacted EU countries on the export side are Italy, Netherlands, Belgium and Germany while on the import side the most impacted countries are Germany, Ireland and France. Among the T&C sectors, clothing articles are facing the most severe drop in both imports and exports, corresponding to a total trade loss of more than € 3.4 billion over the 9 months period. Despite these alarming figures, the UK continues to be the most important export market for EU textiles and clothing.

Concerning the impact on the UK textiles sector, in May 2021 the UK Fashion and Textile Association’s (UKFT) surveyed 138 businesses, including leading UK fashion brands, UK textile manufacturers, wholesalers, fashion agencies, garment manufacturers and retailers.

The results of the survey showed that:

  • 71% currently rely on imports from the EU
  • 92% are experiencing increased freight costs  
  • 83% are experiencing increased costs and bureaucracy for customs clearance
  • 53% are experiencing cancelled orders as a result of how the EU-UK agreement is being implemented
  • 41% had been hit by double duties  
  • The vast majority of the surveyed companies declared they are looking to pass the increased costs on to consumer in the next  6-12 months

The above situation is expected to get worse. Since 1 January, full customs controls are being implemented. It means that export and import rules have become stricter: products should already have a valid declaration in place and have received customs clearance. Export from Britain to the EU must now have supplier declarations and the commodities codes changed.  

EURATEX calls on the European Union and the United Kingdom to effectively cooperate to address, solve and remove the issues in the EU-UK Trade agreement that currently prevent smooth trade flows between the two sides of the Channel. It is causing considerable losses for textile companies both in the EU as well as in the UK. 

 

More information:
Euratex textile industry Brexit
Source:

EURATEX

18.01.2022

Indorama Ventures’ Hygiene Division achieves ISCC Plus Certification

The Hygiene Division of Indorama Ventures Public Company Limited (IVL) is pleased to announce that two of its manufacturing sites have achieved International Sustainability Carbon Certification Plus Certification.

FiberVisions’ Varde site in Denmark, a polypropylene fiber producer, and Avgol’s Uzlovaya site in Russia, a spunlaid nonwovens producer, satisfied audits related to traceability and the reasonable use of biomaterials.

Shachar Rachim, CEO, IVL Hygiene Division, part of IVL’s Fibers business segment, said: “This accreditation underscores our commitment to support our customers to achieve their carbon dioxide reduction targets through using carbon neutral fibers. The certification is assurance that our nonwoven fabrics and fibers meet all the ISCC’s demanding standards for recycled-renewable materials. Our certified facilities can trace the product’s composition through the supply chain, without needing to requalify the materials.”

The Hygiene Division of Indorama Ventures Public Company Limited (IVL) is pleased to announce that two of its manufacturing sites have achieved International Sustainability Carbon Certification Plus Certification.

FiberVisions’ Varde site in Denmark, a polypropylene fiber producer, and Avgol’s Uzlovaya site in Russia, a spunlaid nonwovens producer, satisfied audits related to traceability and the reasonable use of biomaterials.

Shachar Rachim, CEO, IVL Hygiene Division, part of IVL’s Fibers business segment, said: “This accreditation underscores our commitment to support our customers to achieve their carbon dioxide reduction targets through using carbon neutral fibers. The certification is assurance that our nonwoven fabrics and fibers meet all the ISCC’s demanding standards for recycled-renewable materials. Our certified facilities can trace the product’s composition through the supply chain, without needing to requalify the materials.”

IVL expects that the ISCC Plus certification of these two sites will be followed by similar certifications at other manufacturing plants. A broad portfolio of technologies is being developed to address how component materials interact with the environment to improve recyclability, reduce raw material consumption, and minimize the impact of fugitive wastes.

Source:

Indorama Ventures Public Company Limited

14.01.2022

Indorama Ventures wins “Best Sustainability-Linked Transaction & Best ESG-Linked Financing Deal of the Year”

Indorama Ventures Public Company Limited (IVL) was awarded “Best Sustainability-Linked Transaction & Best ESG-Linked Financing Deal of the Year” for its THB 10 billion Sustainability-Linked Bond (SLB) issued in November 2021.

The award was announced at the 15th Best Deal & Solution Awards 2021 by Alpha Southeast Asia, an institutional publication focused on investment in Southeast Asia. This recognition marks IVL's commitment to sustainable growth and ESG performance as a global leader in the chemical industry.

Yash Lohia, Chairman of ESG Council at Indorama Ventures, said, "This award reflects our long-standing commitment to sustainability and creating opportunities for investors to take part in the positive transformation of the chemical industry. This award confirms that financial markets value our ambitious sustainability and ESG efforts towards a more sustainable future.”

Indorama Ventures Public Company Limited (IVL) was awarded “Best Sustainability-Linked Transaction & Best ESG-Linked Financing Deal of the Year” for its THB 10 billion Sustainability-Linked Bond (SLB) issued in November 2021.

The award was announced at the 15th Best Deal & Solution Awards 2021 by Alpha Southeast Asia, an institutional publication focused on investment in Southeast Asia. This recognition marks IVL's commitment to sustainable growth and ESG performance as a global leader in the chemical industry.

Yash Lohia, Chairman of ESG Council at Indorama Ventures, said, "This award reflects our long-standing commitment to sustainability and creating opportunities for investors to take part in the positive transformation of the chemical industry. This award confirms that financial markets value our ambitious sustainability and ESG efforts towards a more sustainable future.”

IVL's THB 10 billion issuance sets a new benchmark as the largest SLB transaction in Thailand and the first offered to both institutions and high-net-worth investors. The financial instrument is linked to the company's sustainability goals of reducing GHG emissions intensity by 10% by 2025, increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

IVL appointed Bangkok Bank, Kasikorn Bank, Krungthai Bank, Siam Commercial Bank, and the Bangkok branch of HSBC as as arrangers and bookrunners for the green transaction.

Source:

Indorama Ventures Public Company Limited

14.01.2022

Hohenstein joins Texbase Connect

Texbase, Inc., a cloud-based data management platform for the textile and consumer product industries, announces a collaboration with the global textile testing partner, Hohenstein.

As a Texbase Lab Connect partner, Hohenstein customers can collaborate, send test requests and receive test reports within Texbase Connect. In addition, data export files for digitized materials can be attached to their specific materials in the system. “Texbase has facilitated an improved workflow for our brand customers. Adding this system to our earlier OEKO-TEX® CertLink project gives our partners easy access to the data they need - in one location - instead of having to manage multiple emails," said Ben Mead, Managing Director, Hohenstein Institute America.

Hohenstein is a global leader in textile testing and innovation, specializing in applied research and development around the human - textile - environment interaction. Their lab testing determines compliance with legal requirements, standards, international specifications and internal quality guidelines. Hohenstein validates performance and safety claims through standard and customized testing and certifications.

Texbase, Inc., a cloud-based data management platform for the textile and consumer product industries, announces a collaboration with the global textile testing partner, Hohenstein.

As a Texbase Lab Connect partner, Hohenstein customers can collaborate, send test requests and receive test reports within Texbase Connect. In addition, data export files for digitized materials can be attached to their specific materials in the system. “Texbase has facilitated an improved workflow for our brand customers. Adding this system to our earlier OEKO-TEX® CertLink project gives our partners easy access to the data they need - in one location - instead of having to manage multiple emails," said Ben Mead, Managing Director, Hohenstein Institute America.

Hohenstein is a global leader in textile testing and innovation, specializing in applied research and development around the human - textile - environment interaction. Their lab testing determines compliance with legal requirements, standards, international specifications and internal quality guidelines. Hohenstein validates performance and safety claims through standard and customized testing and certifications.

Hohenstein and Texbase will both be exhibiting at the upcoming Outdoor Retailer/Snow Show on January 26-28th.

Source:

Hohenstein

(c) ARMALITH®
13.01.2022

Armalith presents Armalith 2.0® and its portfolio

«Armalith® is the story of my passions. Firstly textiles, which opened the doors to the great ready-to-wear and haute couture houses. Then motorcycling, an incredible vehicle for finding freedom and meeting people. In 2003, I combined these two passions by creating Armalith® with one idea in mind: to offer the best possible protection to bikers without compromising on the comfort and authenticity of a real pair of jeans. Today, Armalith 2.0® is the denim of choice for the most prestigious brands for their abrasion protection equipment.» Pierre-Henry Servajean, Armalith® MK Support manager.

Armalith 2.0 in facts:

«Armalith® is the story of my passions. Firstly textiles, which opened the doors to the great ready-to-wear and haute couture houses. Then motorcycling, an incredible vehicle for finding freedom and meeting people. In 2003, I combined these two passions by creating Armalith® with one idea in mind: to offer the best possible protection to bikers without compromising on the comfort and authenticity of a real pair of jeans. Today, Armalith 2.0® is the denim of choice for the most prestigious brands for their abrasion protection equipment.» Pierre-Henry Servajean, Armalith® MK Support manager.

Armalith 2.0 in facts:

  • The mechanical qualities of leather with the comfort of denim
  • Extreme resistance to cuts, traction, tears and abrasion
  • High UV resistance that preserves its mechanical properties
  • One layer for resistance that is superior to any lined products

High technology for high security
The heart of the armour is made of UHMWPE (high molecular weight polyethylene). This high resistance fiber comes from aerospace research; it is used for space module re-entry ropes, military armour, mooring cables for offshore platforms and more. This core is then covered with a cotton fiber using an exclusive and patented process, and combined with LYCRA® dualFX® technology for a powerful and durable stretch.

High resistance for high protection
High-tech integrated into authentic denim for unique comfort and protection, Armalith 2.0® meets the most demanding standards such as Darmstadt and Cambridge, which are more scientific than the CE certification.
Armalith 2.0® is available in 3 grades - A, AA and AAA - to cover all needs from urban use to maximum protection against abrasion. In its EXO (KNIT) form, Armalith 2.0® can be used as a lining to increase resistance in specific areas without using other uncomfortable solutions.

High comfort for high style
Safety in a single layer of fabric, comfort, softness, stretchability, and style! Armalith 2.0® is a real denim. Soft, supple, comfortable, breathable and hydrophilic, it allows all the usual textures, dyes, prints and finishing in low temperatures.

Armalith 2.0® is an ethical and responsible denim

  • GRS cotton sourced from Greece.
  • Designed in France, manufactured and produced on a single site - spinning, dyeing, indigo, weaving, finishing - at Tejidos Royo in Spain.
  • UHMWPE fibre requires half the energy to produce than aramids.
  • The UHMWPE fibre used under the ARMALITH 2.0® patent is continuous (no energy-intensive cracking) and untextured (no energy-intensive texturing).
  • All Armalith 2.0® denim manufacturing processes are carried out at low temperatures: a world first for stretch fabrics.
  • No heavy metals used in the pigments, the indigo is made using a slow, cold, waterless process
  • Resistant to more than a thousand washes for greater longevity and without loss of elasticity.
More information:
Armalith Denim Leather stretch fabric
Source:

ARMALITH® / VIA VENETO

(c) Kornit
13.01.2022

Blur uses Kornit Digital for Scalability, Operational Versatility, 24-Hour Production

Kornit Digital Ltd. announced that Portuguese textile specialist Blur has installed the Kornit Presto S with Softener solution for sustainable, single-step direct-to-fabric production of multiple fabrics in any quantity. The print services provider, which supports the production needs of high fashion brands has previously installed multiple Kornit Atlas and Avalanche systems for industrial-scale digital direct-to-garment (DTG) production on demand.

Using Kornit’s efficient, eco-conscious, proprietary technology and consumables, Blur provides rapid fulfillment of orders ranging from a single piece to mass production, with an average order of about 500 items. Since implementing the Kornit Presto S, the system has been in operation day and night, producing samples during normal business hours and fulfilling diverse incoming orders overnight.

Kornit Digital Ltd. announced that Portuguese textile specialist Blur has installed the Kornit Presto S with Softener solution for sustainable, single-step direct-to-fabric production of multiple fabrics in any quantity. The print services provider, which supports the production needs of high fashion brands has previously installed multiple Kornit Atlas and Avalanche systems for industrial-scale digital direct-to-garment (DTG) production on demand.

Using Kornit’s efficient, eco-conscious, proprietary technology and consumables, Blur provides rapid fulfillment of orders ranging from a single piece to mass production, with an average order of about 500 items. Since implementing the Kornit Presto S, the system has been in operation day and night, producing samples during normal business hours and fulfilling diverse incoming orders overnight.

Mariano Dias, CEO at Blur, believes Kornit technology empowers his business to adapt quickly to the constantly evolving needs of his clients, which include both larger established brands seeking large quantities and ambitious designers seeking to build a brand with limited risk or investment. In many cases, they are fulfilling different types of designs for clients serving both Europe and North American markets.
“The quality is just outstanding, and some clients only want to print with Kornit technology”, said Dias. “We are extremely happy with Kornit’s collaboration, and our printers are working perfectly around the clock. Any textile printing company looking to move into fashion and work with famous brands will need both roll-to-roll and DTG capabilities. Our recommendation for success is to buy the Kornit Atlas and Kornit Presto printers.”

He added that Blur’s success with its current Kornit systems, as well as increased demand for sustainably-produced textiles, has the business considering the addition of a second Kornit Presto S to accommodate additional volumes.

“As with many of our customers, Blur was built around more traditional textile operations—in their case embroidery—before discovering the vast potential for growth and versatility offered by quick, efficient, digital production on demand,” said Chris Govier, Kornit Digital Europe, Middle East, and Africa President. “Whether you’re serving an internationally-known fashion house looking for more agile fulfillment and simpler supply chains, or the independent creator hoping to bring unique inspirations to life, Kornit’s product portfolio offers continuous opportunities to answer market needs, create new markets, and scale upwards under any conditions.”

Source:

Kornit / pr4u

Photo: ANDRITZ
13.01.2022

ANDRITZ to supply a spunlace line to Biosphere, Ukraine

International technology group ANDRITZ has received an order from the leading Ukrainian manufacturer of household and hygiene products, Biosphere Corporation, to deliver its first complete neXline spunlace line. The ANDRITZ spunlace line will enable Biosphere to produce fabrics from 30 to 70 gsm, with an hourly output of up to 3,000 kg/hr after the second commissioning phase. Start-up is scheduled in two stages – the first one in the first quarter of 2022 and the second in early 2023, reaching full production capacity.

The high-capacity spunlace line will double the company’s current production capacity and is designed to process various types of fibers, such as polyester/viscose blends and natural fibers. It is dedicated to the production of household, medical and hygiene fabrics, such as cosmetic, disinfecting and baby wipes.

International technology group ANDRITZ has received an order from the leading Ukrainian manufacturer of household and hygiene products, Biosphere Corporation, to deliver its first complete neXline spunlace line. The ANDRITZ spunlace line will enable Biosphere to produce fabrics from 30 to 70 gsm, with an hourly output of up to 3,000 kg/hr after the second commissioning phase. Start-up is scheduled in two stages – the first one in the first quarter of 2022 and the second in early 2023, reaching full production capacity.

The high-capacity spunlace line will double the company’s current production capacity and is designed to process various types of fibers, such as polyester/viscose blends and natural fibers. It is dedicated to the production of household, medical and hygiene fabrics, such as cosmetic, disinfecting and baby wipes.

Andriy Zdesenko, founder and CEO of Biosphere Corporation, says: “Our goal is to carry on creating innovative and premium-quality products. When ANDRITZ came up with a tailor-made offer combining its cutting-edge spunlace technology with full flexibility for our future installation, we knew they were the ideal partner to support us in our business development.”

In 2019, ANDRITZ Diatec delivered a baby diaper converting line to Biosphere. With this additional order, ANDRITZ is demonstrating its strong global position as a supplier of state-of-the-art and tailor-made sustainable nonwoven solutions.

Founded in 1997, Biosphere Corporation has become the market leader in the production and distribution of household and hygiene products in the Ukraine and the CIS and a key converter player in Eastern Europe and Central Asia. The company is expanding rapidly on the international market, including Africa.

Source:

ANDRITZ AG

12.01.2022

Cellulose fibres strengthen networks: Industry meets in Cologne, Germany, and online

Strict protective measures will make the industry meeting possible at the International Conference on Cellulose Fibres in Cologne on February 2 and 3, 2022. The latest innovations will be shocased: from hygiene and textiles to non-wovens and carbon fibre alternatives to lightweight construction applications. Online participation is also possible.

Cellulose fibres show an increasingly expanding wide range of applications, while at the same time markets are driven by technological developments and political framework conditions, especially bans and restrictions on plastics and increasing sustainability requirements. The conference provides rich information on opportunities for cellulose fibres through policy assessment, a session on sustainability, recycling and alternative feedstocks as well as latest development in pulp, cellulose fibres and yarns. This includes application such as non-wovens, packaging and composites.

Strict protective measures will make the industry meeting possible at the International Conference on Cellulose Fibres in Cologne on February 2 and 3, 2022. The latest innovations will be shocased: from hygiene and textiles to non-wovens and carbon fibre alternatives to lightweight construction applications. Online participation is also possible.

Cellulose fibres show an increasingly expanding wide range of applications, while at the same time markets are driven by technological developments and political framework conditions, especially bans and restrictions on plastics and increasing sustainability requirements. The conference provides rich information on opportunities for cellulose fibres through policy assessment, a session on sustainability, recycling and alternative feedstocks as well as latest development in pulp, cellulose fibres and yarns. This includes application such as non-wovens, packaging and composites.

Live at the conference, host nova-Institute and sponsor GIG Karasek GmbH will grand the “Cellulose Fibre Innovation of the Year” award to one of six highly interesting products, ranging from cellulose made of orange and wood pulp to a novel technology for cellulose fibre production. The presentations, election of the winner by the conference audience and the award ceremony will take place on the first day of the conference.

The conference sessions reflect the current topics of industry and research. “Strategies and Market Trends” provides an overview of the rapid development of cellulose fibres and their technological progress across the fibre market. An analysis of the key cost components of these fibres to benchmark against current cost levels will highlight future opportunities and challenges for novel textile fibres. The session will conclude with an overview of the industry's recent strategies to defossilize the fibre market.

The session “New Opportunities for Cellulose Fibres in Replacing Plastics”, focusses on questions such as: “What impact does the ban on plastics in single-use products have on the industry?” and “What are the latest regulatory issues and policy opportunities for cellulose fibres?”. This part of the conference presents new opportunities for the replacement of fossil-based insulating materials with cellulose-based technologies suitable for use in a variety of applications, from aerospace to mobility and construction.
Institutefor Ecology and Innovation

“Sustainability and Circular Economy” highlights crucial issues with regard to the overall goal of keeping the environmental impact of cellulose fibres low. A core theme of the session is the responsible use of wood and forests. With this objective, the five speakers discuss the importance of circular concepts for cellulose feedstocks. Exciting insights into the important “Hot Button Report” are offered by Canopy. The “Hot Button” report enables the producers of cellulose fibres to better understand the impact their raw materials have on forests and the climate development worldwide.

The full conference programme is available at www.cellulose-fibres.eu/program.

Source:

nova-Institut GmbH

07.01.2022

New dates for Intertextile Shanghai Apparel Fabrics, Intertextile Shanghai Home Textiles and Yarn Expo

The Spring Editions of Intertextile Shanghai Apparel Fabrics, Intertextile Shanghai Home Textiles and Yarn Expo will now take place from 14 – 16 April 2022 instead of their original March date. They will continue to be held at the National Exhibition and Convention Center (Shanghai) alongside CHIC and PH Value.
 
“With the evolving situation of the pandemic globally, we have decided to hold our three spring fairs in mid-April,” Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd explained. “At this stage, we are still processing how the Omicron variant affects the hosting of large-scale events, so this new date provides us and our stakeholders with extra time to plan accordingly so we can ensure the fairs take place in a safe environment.”
 
“We are hoping to continue the momentum that was generated at last year’s Autumn Editions where our many returning international exhibitors were well received, as well as to capture the opportunities in the domestic market with strong growth in production, revenue and profit recorded in the first three quarters of 2021.”

The Spring Editions of Intertextile Shanghai Apparel Fabrics, Intertextile Shanghai Home Textiles and Yarn Expo will now take place from 14 – 16 April 2022 instead of their original March date. They will continue to be held at the National Exhibition and Convention Center (Shanghai) alongside CHIC and PH Value.
 
“With the evolving situation of the pandemic globally, we have decided to hold our three spring fairs in mid-April,” Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd explained. “At this stage, we are still processing how the Omicron variant affects the hosting of large-scale events, so this new date provides us and our stakeholders with extra time to plan accordingly so we can ensure the fairs take place in a safe environment.”
 
“We are hoping to continue the momentum that was generated at last year’s Autumn Editions where our many returning international exhibitors were well received, as well as to capture the opportunities in the domestic market with strong growth in production, revenue and profit recorded in the first three quarters of 2021.”

06.01.2022

Maison & Objet Paris postponed from January to March 2022

Since few days, most countries have been facing a new wave of Covid, reinforced by the rapid expansion of the Omicron variant. Impacted by this surge, many companies among the 1,700 companies that have confirmed they will attend M&O in January at the Parc des Expositions of Paris-Nord Villepinte, indicate that they don’t want their employees to take risks and are now alerting to the disruptions they are experiencing in their operations. The obligations of compliance with isolation rules, even when people are vaccinated, and the numerous work absences are in fact starting to seriously disrupt the functioning of their services, supply or production circuits.

Moreover, facing the peak of contamination, several countries are currently taking restrictive measures regarding international travel. Measures which are now delaying or discouraging visitors from confirming their attendance. In addition, the French government has announced, December 27th 2021 a 2.000 people gauge for major events, so probably fairs such as Maison&Objet Paris.

Since few days, most countries have been facing a new wave of Covid, reinforced by the rapid expansion of the Omicron variant. Impacted by this surge, many companies among the 1,700 companies that have confirmed they will attend M&O in January at the Parc des Expositions of Paris-Nord Villepinte, indicate that they don’t want their employees to take risks and are now alerting to the disruptions they are experiencing in their operations. The obligations of compliance with isolation rules, even when people are vaccinated, and the numerous work absences are in fact starting to seriously disrupt the functioning of their services, supply or production circuits.

Moreover, facing the peak of contamination, several countries are currently taking restrictive measures regarding international travel. Measures which are now delaying or discouraging visitors from confirming their attendance. In addition, the French government has announced, December 27th 2021 a 2.000 people gauge for major events, so probably fairs such as Maison&Objet Paris.

Under these circumstances, seeking to avoid a risky situation and committed to making all efforts to ensure an optimal return on investment for exhibitors, buyers and specifiers, the SAFI decides to postpone the next session of the Maison&Objet trade event from 24th to 28th March 2022. Period for which we hope to see an improvement in the situation.

Exhibitors who have already confirmed their registration and location may have the same location conditions, which will allow them to keep the same stand showcase. Likewise, visitors who have already ordered their badges for the January edition will of course have access to the show from March 24th to 28th, 2022.

With an opening scheduled for the day before, Maison&Objet In The City, an event organised on the sidelines of the Maison&Objet fair and offering a journey of discoveries in the heart of Parisian showrooms, will be held from 23 to 28 March 2022.

By postponing the fair until the end of Q1, SAFI wishes to bring together the best operational and healthy conditions to allow actors in the art of living, decoration, and design to be inspired, to accelerate their development and to forge new business relationships

In summary: the next editions of the Maison&Objet fairs will therefore be: March 24th - 28th, 2022 + September 8th - 12th, 2022

More information:
Maison & Objet Omikron
Source:

S2H Communication

06.01.2022

Messe Frankfurt cancels consumer goods fairs in January and February 2022

In view of the exponential worsening of the pandemic situation worldwide and the accompanying tightened travel and contact regulations, the consumer goods fairs Christmasworld, Paperworld, and Creativeworld are cancelled for January 2022 and Ambiente for mid-February 2022. The regionally-oriented trade fair Nordstil from 15 to 17 January 2022 in Hamburg will take place at the present time.

The easing of the pandemic situation that was still hoped for in December is no longer in sight. Instead, the situation is deteriorating worldwide with an enormous, unforeseeable dynamic. This extreme deterioration due to the spread of the Omicron virus in Europe and Germany currently makes it impossible for Messe Frankfurt, as organiser of the leading international trade fairs Christmasworld, Paperworld, and Creativeworld, as well as Ambiente, to keep their dates in Frankfurt at the end of January and in mid-February 2022.

In view of the exponential worsening of the pandemic situation worldwide and the accompanying tightened travel and contact regulations, the consumer goods fairs Christmasworld, Paperworld, and Creativeworld are cancelled for January 2022 and Ambiente for mid-February 2022. The regionally-oriented trade fair Nordstil from 15 to 17 January 2022 in Hamburg will take place at the present time.

The easing of the pandemic situation that was still hoped for in December is no longer in sight. Instead, the situation is deteriorating worldwide with an enormous, unforeseeable dynamic. This extreme deterioration due to the spread of the Omicron virus in Europe and Germany currently makes it impossible for Messe Frankfurt, as organiser of the leading international trade fairs Christmasworld, Paperworld, and Creativeworld, as well as Ambiente, to keep their dates in Frankfurt at the end of January and in mid-February 2022.

The four events, consisting of Christmasworld with its focus on seasonal and festive decorations, Paperworld and Creativeworld with their product ranges for paper, office supplies, stationery and hobby, craft and artists' requisites and Ambiente with its cross-sector range of products for the table, kitchen and housewares, furnishing and decorative accessories, home furnishing concepts, gifts and fashion accessories, are the recognised leading trade fairs in their sectors and open the trading year in their respective segments. Even in a reduced numerical form, the four trade fairs would still have been the leading events worldwide for their respective product segments.

However, the exponential increase in the number of infections worldwide in a very short period of time and the accompanying multitude of developments and decisions that are clearly outside the organiser's sphere of influence have led to a significant deterioration in the general conditions and necessary prerequisites for holding the four leading trade fairs as major events of international relevance at the end of January and in mid-February 2022 respectively. These developments include the classification of Germany as a high-risk area and the associated travel warnings and international and intercontinental travel restrictions in countries such as India, Japan and the United States, as well as the corresponding quarantine obligations. Equally important are the steadily rising infection figures and the accompanying urgent appeal, among others by the Robert Koch Institute and the expert council of the German Federal Government, to continue to reduce contacts to a minimum and to cancel all major events. At present, there are even further international fears that the critical infrastructure will not be maintained due to the highly contagious Omicron variant. The majority of exhibiting and visiting companies at Christmasworld, Paperworld, and Creativeworld as well as Ambiente are currently reacting to this overall situation with travel and trade fair attendance bans for reasons of duty of care towards their employees to protect them from health risks. The global willingness to travel is dropping enormously at the moment.

There are no plans to postpone the event. Detlef Braun, Member of the Executive Board of Messe Frankfurt, explains: "Since the trend-oriented order cycles of the international consumer goods industry require an annual event at the beginning of the year, a shift to the second half of the year would not meet the needs of the exhibiting companies and visitors."

Nordstil to be held in Hamburg from 15 to 17 January 2022
In the interests of the sectors involved, the planning and implementation of Nordstil from 15 to 17 January 2022 is not affected. This trade fair will take place in the Free and Hanseatic City of Hamburg at this time due to other general conditions for local implementation. However, the extremely volatile situation is continuously reviewed and assessed in close exchange with the relevant local authorities and industry partners.

Messe Frankfurt's digital platforms for business success
Messe Frankfurt has already been actively helping retailers to help themselves since 2019 with Nextrade, the first order and data management platform for the home and living sector, and Conzoom Solutions, an information platform for the global consumer goods sector. "A second year without appropriate ordering, inspiration and networking formats poses considerable and in some cases existentially threatening challenges for retailers worldwide," Braun explains. "With our digital offers, we are specifically supporting our partners in industry and trade in this volatile situation. In addition, we will continue to put all our energy and optimism into safe and promising trade fairs. Because there is no substitute for meeting in real life."

Information on the planning of the Frankfurt consumer goods fairs for 2023 will be announced at the beginning of February 2022.

Source:

Messe Frankfurt Exhibition GmbH

05.01.2022

EFI announced to accelerate investment into its Inkjet and Fiery business units

Electronics For Imaging, Inc. is announcing that it will be prioritizing technology investments to accelerate growth in its fast-growing industrial EFI™ Inkjet business to continue to be a leader in the industry of analog-to-digital transition, as well as in its market-leading Fiery® business. As part of this focused strategy, EFI has completed a sale of its eProductivity Software (“EPS”) packaging and print productivity software business to an affiliate of Symphony Technology Group (“STG”). EFI and EPS will continue to collaborate with their joint customers and partners to ensure mutual success.

This realignment allows EFI to accelerate investment into its Inkjet and Fiery business units to capitalize on the growth opportunities available in existing segments the company serves, as well as drive expansion into markets that are beginning the transformation toward digital.

Electronics For Imaging, Inc. is announcing that it will be prioritizing technology investments to accelerate growth in its fast-growing industrial EFI™ Inkjet business to continue to be a leader in the industry of analog-to-digital transition, as well as in its market-leading Fiery® business. As part of this focused strategy, EFI has completed a sale of its eProductivity Software (“EPS”) packaging and print productivity software business to an affiliate of Symphony Technology Group (“STG”). EFI and EPS will continue to collaborate with their joint customers and partners to ensure mutual success.

This realignment allows EFI to accelerate investment into its Inkjet and Fiery business units to capitalize on the growth opportunities available in existing segments the company serves, as well as drive expansion into markets that are beginning the transformation toward digital.

Industrial Inkjet: Capturing Unprecedented Opportunity
The industrial inkjet space is ripe with opportunity in existing and adjacent vertical markets. EFI Inkjet will continue to drive in high-volume, shuttle and single-pass inkjet technology, which the company has currently implemented in award-winning, high-performance products for the Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Decor verticals. EFI will also leverage its industry-leading expertise in hardware, mechanical control software, high-speed electronics, services, cloud-connected devices, and ink innovations to deliver the next generation of versatile, high-volume, superior-quality printers and presses.
 
Following the realignment, EFI is making investments in R&D to strengthen its position in core markets while entering new categories – including the development of technologies to address new applications for the textile space and for packaging.

Fiery: Driving Digital Print Innovation and Growth
The Fiery business unit, under the continued leadership of Fiery Chief Operating Officer and General Manager Toby Weiss, remains as one of the world’s premier DFE providers, enabling the high performance required across many vertical markets including packaging, signage and commercial print with advanced Fiery solutions driving high-end printers and presses from many major equipment manufacturers.

Productivity Software: Investing for Growth under New Ownership
EPS’ new owner, STG, is a private equity firm that focuses on investing in software, data analytics, and software-enabled technology services companies, and will support EPS to deliver enhanced value to its packaging and print customers and accelerate global growth. STG completed this acquisition on December 30, 2021. The price and terms of the deal were not disclosed.
 
Moelis & Company LLC served as exclusive financial advisor, and Sidley Austin LLP acted as legal counsel, to EFI in the sale of EPS. Paul Hastings LLP acted as legal advisor to STG.
 
EFI’s upcoming Connect users conference will be a joint event for EFI and EPS customers. Leaders from both companies will highlight their technology enhancements and product roadmap strategies during the January 17-21 Las Vegas gathering.

Source:

EFI

03.01.2022

Physical ClusterXchange - Discovering smart materials in Czech Republic

Under the ClusterXchange pilot scheme, the EXTRATEX partnership organised a 5-day exchange in Czech Republic, hosted by CLUTEX (cluster for technical textile).

15 participants visited strategic and innovative companies in the field of smart materials and advances technologies, as well as research centres and the Liberec University.

During the exchange, 92 B2B meetings were organized between local companies and the exchange participants, with 75% of the contacts established leading to follow-ups after the conclusion of the exchange. This collaboration laid the foundation for potential cross-border and cross-sector business collaboration, and participants of the physical exchange improved their competences in the field of smart materials and advanced technologies.

Under the ClusterXchange pilot scheme, the EXTRATEX partnership organised a 5-day exchange in Czech Republic, hosted by CLUTEX (cluster for technical textile).

15 participants visited strategic and innovative companies in the field of smart materials and advances technologies, as well as research centres and the Liberec University.

During the exchange, 92 B2B meetings were organized between local companies and the exchange participants, with 75% of the contacts established leading to follow-ups after the conclusion of the exchange. This collaboration laid the foundation for potential cross-border and cross-sector business collaboration, and participants of the physical exchange improved their competences in the field of smart materials and advanced technologies.

According to a testimony from the company Bipier Srl, their participation in the exchange allowed the establishment of two important working relationships with Bcb Informatica Y Control and Vyskummy Ustav Chemickych (Research Institute for Man-Made Fibers). This cooperation wil allow Bipier Srl to equip their machines with quality temperature control, and to expand the distribution of their products.

More information:
EXTRATEX Smart textiles
Source:

ECCP