From the Sector

Reset
600 results
CARBIOS: Groundbreaking of PET biorecycling plant (c) CARBIOS
26.04.2024

CARBIOS: Groundbreaking of PET biorecycling plant

CARBIOS celebrated the groundbreaking ceremony for its PET biorecycling plant in the presence of representatives of local authorities, partner brands and industrial partners who all make up CARBIOS’ ecosystem. Located in Longlaville, in the Grand-Est region of France, CARBIOS' first commercial plant will play a key role in the fight against plastic pollution, offering an industrial-scale solution for the enzymatic depolymerization of PET waste in order to accelerate a circular economy for plastic and textiles. The plant will have a processing capacity of 50kt/year of prepared waste when operating at full capacity. Work is progressing on schedule with significant quantities delivered to customers in 2026.

CARBIOS celebrated the groundbreaking ceremony for its PET biorecycling plant in the presence of representatives of local authorities, partner brands and industrial partners who all make up CARBIOS’ ecosystem. Located in Longlaville, in the Grand-Est region of France, CARBIOS' first commercial plant will play a key role in the fight against plastic pollution, offering an industrial-scale solution for the enzymatic depolymerization of PET waste in order to accelerate a circular economy for plastic and textiles. The plant will have a processing capacity of 50kt/year of prepared waste when operating at full capacity. Work is progressing on schedule with significant quantities delivered to customers in 2026.

CARBIOS' technology enables PET circularity and provides an alternative raw material to fossil-based monomers, giving PET producers, waste management companies, public bodies and brands an effective solution to meet regulatory requirements and their own commitments to sustainable development. The plant will have the capacity to process 50,000 tons of prepared PET waste per year (equivalent to 2 billion colored bottles, 2.5 billion food trays or 300 million T-shirts). The plant will create 150 direct and indirect jobs in the region. In October 2023, CARBIOS obtained the building and operating permits for the site. The factory is currently under construction on land officially acquired from Indorama Ventures on 14 February 2024. In February 2024, CARBIOS and De Smet Engineers & Contractors (DSEC) announced their collaboration to manage construction. Several feedstock supply agreements, notably with CITEO and Landbell Group, will secure the vast majority of the raw materials required.  Close to the borders with Belgium, Germany and Luxembourg, the plant's location is strategic for access to nearby waste supplies

More information:
Carbios France PET recycling
Source:

CARBIOS

Collaboration between Eastman and Debrand: Recycling of apparel waste (c) Debrand
19.04.2024

Collaboration between Eastman and Debrand: Recycling of apparel waste

Eastman, a specialty materials company and producer of Naia™ cellulosic fibers, has formed a collaboration with Debrand, a logistics company specializing in finding sustainable solutions to apparel waste.

Teaming up with Debrand for collection of the waste, Eastman is using its molecular recycling technology to recycle 5,000 pounds of pre- and post-consumer apparel waste. The process breaks down apparel waste to its molecular building blocks and uses the certified recycled material to create Naia™ Renew fibers — circular fibers made from 60% sustainably sourced wood pulp and 40% recycled waste material via Global Recycled Standard-certified mass balance.

Eastman and Debrand are showcasing the transformative potential of molecular recycling technology to address the textile waste crisis. By providing more circular solutions for apparel waste, this partnership sets a new standard for sustainable practices in the fashion industry. Prior to its collaboration with Eastman, Debrand secured a strategic investment from Waste Management, a provider of comprehensive waste management in North America, to deliver circular solutions across the U.S. and Canada.

Eastman, a specialty materials company and producer of Naia™ cellulosic fibers, has formed a collaboration with Debrand, a logistics company specializing in finding sustainable solutions to apparel waste.

Teaming up with Debrand for collection of the waste, Eastman is using its molecular recycling technology to recycle 5,000 pounds of pre- and post-consumer apparel waste. The process breaks down apparel waste to its molecular building blocks and uses the certified recycled material to create Naia™ Renew fibers — circular fibers made from 60% sustainably sourced wood pulp and 40% recycled waste material via Global Recycled Standard-certified mass balance.

Eastman and Debrand are showcasing the transformative potential of molecular recycling technology to address the textile waste crisis. By providing more circular solutions for apparel waste, this partnership sets a new standard for sustainable practices in the fashion industry. Prior to its collaboration with Eastman, Debrand secured a strategic investment from Waste Management, a provider of comprehensive waste management in North America, to deliver circular solutions across the U.S. and Canada.

Eastman continues to partner with strategic brands and organizations to drive innovation and enhance the infrastructure for a circular economy in the textiles industry. Recently, Eastman teamed up with Patagonia to recycle 8,000 pounds of its unusable apparel.

19.04.2024

Rieter Annual General Meeting 2024

On April 17, 2024, 312 shareholders, who represent 68.7% of the share capital, attended the 133rd Annual General Meeting of Rieter Holding Ltd.

Shareholders Adopt All Motions Proposed by the Board of Directors:

  • Distribution of a dividend of CHF 3.00 per share approved
  • Remuneration Report 2023 and future remuneration of Board of Directors and Group Executive Committee formally accepted
  • All members of the Board of Directors who stood for re-election were elected
  • Thomas Oetterli newly appointed Chairman of the Board of Directors
  • Jennifer Maag newly appointed to the Board of Directors
  • Amendments to the Articles of Association approved

On April 17, 2024, 312 shareholders, who represent 68.7% of the share capital, attended the 133rd Annual General Meeting of Rieter Holding Ltd.

Shareholders Adopt All Motions Proposed by the Board of Directors:

  • Distribution of a dividend of CHF 3.00 per share approved
  • Remuneration Report 2023 and future remuneration of Board of Directors and Group Executive Committee formally accepted
  • All members of the Board of Directors who stood for re-election were elected
  • Thomas Oetterli newly appointed Chairman of the Board of Directors
  • Jennifer Maag newly appointed to the Board of Directors
  • Amendments to the Articles of Association approved
Source:

Rieter Management AG

HeiQ: Anti-odor technology for feather and down products Photo HeiQ
18.04.2024

HeiQ: Anti-odor technology for feather and down products

HeiQ introduces an anti-odor product addition to its HeiQ Fresh range to eliminate persistent malodor on feather and down products. Biobased HeiQ Fresh for Feather & Down utilizes a combination of pre- and probiotics (synbiotics) which helps to break up the smelly components. This innovation will be showcased at the Techtextil 2024 Swiss Pavilion.

HeiQ Fresh for Feather & Down is a 100% biobased technology engineered to combat the persistent malodor often associated with feather jackets, duvets, and pillows. Developed to address a common challenge faced by manufacturers and consumers alike, this solution represents a leap forward in the field of odor management by removing a significant objection to purchase.

The key issue lies in the natural oil secretion of the duck or goose to provide its natural waterproofing. While essential, this oil becomes the source of the unwanted odors that persist despite conventional cleaning methods. HeiQ Fresh for Feather & Down tackles this problem head-on by harnessing the power of synbiotics (pre- and probiotics).

HeiQ introduces an anti-odor product addition to its HeiQ Fresh range to eliminate persistent malodor on feather and down products. Biobased HeiQ Fresh for Feather & Down utilizes a combination of pre- and probiotics (synbiotics) which helps to break up the smelly components. This innovation will be showcased at the Techtextil 2024 Swiss Pavilion.

HeiQ Fresh for Feather & Down is a 100% biobased technology engineered to combat the persistent malodor often associated with feather jackets, duvets, and pillows. Developed to address a common challenge faced by manufacturers and consumers alike, this solution represents a leap forward in the field of odor management by removing a significant objection to purchase.

The key issue lies in the natural oil secretion of the duck or goose to provide its natural waterproofing. While essential, this oil becomes the source of the unwanted odors that persist despite conventional cleaning methods. HeiQ Fresh for Feather & Down tackles this problem head-on by harnessing the power of synbiotics (pre- and probiotics).

Through an advanced process, the technology applied during the production stage effectively removes bacterial nutrients present in the feathers and down, thereby preventing the formation of persistent and unpleasant odors. Extensive testing has demonstrated a significant reduction in malodor even after prolonged use, validating the efficacy of this solution. The human sensory testing method according to ISO 17299-1 is the recommended test method.

More information:
HeiQ odor control down and feathers
Source:

HeiQ

17.04.2024

EEA/ECHA: Europe-wide assessment of chemical pollution

The transition towards safer and more sustainable chemicals is progressing in some areas, while in others, it is just beginning. This is the finding of a first, joint Europe-wide assessment of the drivers and impact of chemical pollution by the European Environment Agency (EEA) and the European Chemicals Agency (ECHA). The benchmarking found that more work is still needed to reduce the impact of harmful substances on human health and the environment.

The number of industrial chemicals scrutinised under the EU’s chemicals legislation to determine their safety has increased substantially. Authorities now have much better knowledge about the hazardous properties of chemicals that are used across the EU, resulting in many actions to minimise and control the risks of several groups of substances.

The transition towards safer and more sustainable chemicals is progressing in some areas, while in others, it is just beginning. This is the finding of a first, joint Europe-wide assessment of the drivers and impact of chemical pollution by the European Environment Agency (EEA) and the European Chemicals Agency (ECHA). The benchmarking found that more work is still needed to reduce the impact of harmful substances on human health and the environment.

The number of industrial chemicals scrutinised under the EU’s chemicals legislation to determine their safety has increased substantially. Authorities now have much better knowledge about the hazardous properties of chemicals that are used across the EU, resulting in many actions to minimise and control the risks of several groups of substances.

According to the joint EEA-ECHA synthesis report on the EU indicator framework for chemicals, the overall use of the most harmful chemicals (in particular those that are carcinogenic, mutagenic and reprotoxic) is still growing but more slowly than the overall chemicals market growth. Pressure is increasing to avoid the use of so-called substances of concern and to implement the principles of the safe and sustainable by design framework.

There is a need to more effectively ensure that consumer products do not contain the most harmful substances, for example chemicals that are endocrine disrupting, that negatively affect the hormone system, or substances that are persistent, bioaccumulative and toxic, which present a risk for years to come even after their use has ceased.

More data and information are needed to better understand human and environmental exposure to those most harmful chemicals and their impacts. Still, the indicators show clearly that the shift to safe and sustainable chemicals must continue and should even be accelerated.

The report is based on a set of 25 key indicators, which monitor the drivers and impacts of chemical pollution in Europe.

Key findings

  • Transition towards safer and more sustainable chemicals is progressing in some areas while in others it is just getting started.
  • Action by authorities and industry has supported minimising and controlling the risks from several groups of hazardous chemicals. Efforts are ongoing to increase knowledge on chemical hazards and support risk management action where needed.
  • Available data suggest that there is little evidence of progress towards eliminating substances of concern from waste and secondary materials. This is a barrier to the transition towards a more circular economy.
  • Emissions of certain chemicals to water and air have fallen following specific EU regulations (e.g., on industrial emissions) and international actions, but further measures are needed to reach concentration levels that are not harmful for human health and the environment.
  • Emissions from industry still lead to major costs in terms of damages to human and ecosystem health.
  • Human biomonitoring offers the opportunity to understand human exposure to chemicals from multiple sources and thus health risks associated with chemical pollution. As such, biomonitoring forms a key tool to measure the effectiveness of chemicals legislation in protecting human health and the environment.
Source:

European Chemicals Agency

Wacker Chemical Corporation under New Management Foto: WACKER
Christoph Kowitz
16.04.2024

Wacker Chemical Corporation under New Management

Christoph Kowitz, currently head of WACKER’s Corporate Research Department, takes charge of the Group’s U.S. subsidiary Wacker Chemical Corporation (WCC) at the beginning of May. He succeeds David Wilhoit who has been responsible for WACKER’s North and Central American business since 2015 and is now retiring.

Christoph Kowitz has already held various management positions. After obtaining his doctorate in organic chemistry and polymer chemistry, he began his professional career as a product developer at BASF AG in Ludwigshafen in 1996. From 1997 onwards, he worked for several years as a management consultant for McKinsey in Asia and Europe. After several management positions in the chemical industry, including Germany-based specialty chemicals manufacturer Cognis, Kowitz moved to WACKER in 2013, where he headed the Performance Silicones unit within the WACKER SILICONES division. Since 2018, he has been Head of Corporate R&D and thus also responsible for innovation management within the Group.

Christoph Kowitz, currently head of WACKER’s Corporate Research Department, takes charge of the Group’s U.S. subsidiary Wacker Chemical Corporation (WCC) at the beginning of May. He succeeds David Wilhoit who has been responsible for WACKER’s North and Central American business since 2015 and is now retiring.

Christoph Kowitz has already held various management positions. After obtaining his doctorate in organic chemistry and polymer chemistry, he began his professional career as a product developer at BASF AG in Ludwigshafen in 1996. From 1997 onwards, he worked for several years as a management consultant for McKinsey in Asia and Europe. After several management positions in the chemical industry, including Germany-based specialty chemicals manufacturer Cognis, Kowitz moved to WACKER in 2013, where he headed the Performance Silicones unit within the WACKER SILICONES division. Since 2018, he has been Head of Corporate R&D and thus also responsible for innovation management within the Group.

More information:
Wacker chemicals polymers
Source:

Wacker Chemie AG

16.04.2024

Stratasys published Second ESG and Sustainability Report

Stratasys Ltd. published its second Mindful Manufacturing™ ESG and Sustainability Report in accordance with the Global Reporting Initiative (GRI) standards, fulfilling its commitment to transparency. The report includes an extensive overview of activities and advancements in Stratasys’ environmental, social and governance (ESG) programs.

Some highlights of the Mindful Manufacturing ESG and Sustainability report, by category, include:

Environmental

  • Stratasys reduced water intensity by 32.5 percent across global operations, leading to an overall reduction in water usage by the company.
  • Solar panels installed at Israeli facilities generated 441,339 kWh of renewable energy, which contributed to 207 metric tons of reduced CO2 emissions, or the equivalent of planting 3,423 trees
  • Double digit (11.3 percent) increases in the number of spools, cartridges and canisters recycled through a new recycling program.

Social

Stratasys Ltd. published its second Mindful Manufacturing™ ESG and Sustainability Report in accordance with the Global Reporting Initiative (GRI) standards, fulfilling its commitment to transparency. The report includes an extensive overview of activities and advancements in Stratasys’ environmental, social and governance (ESG) programs.

Some highlights of the Mindful Manufacturing ESG and Sustainability report, by category, include:

Environmental

  • Stratasys reduced water intensity by 32.5 percent across global operations, leading to an overall reduction in water usage by the company.
  • Solar panels installed at Israeli facilities generated 441,339 kWh of renewable energy, which contributed to 207 metric tons of reduced CO2 emissions, or the equivalent of planting 3,423 trees
  • Double digit (11.3 percent) increases in the number of spools, cartridges and canisters recycled through a new recycling program.

Social

  • More than 38,000 hours of employee training were provided, equaling 18 hours of training per employee.
  • Approaching world-class status with employee engagement, with a 78 percent participation rate in the last all-employee survey, with an all-time high engagement score of 73.
  • 81 percent of managers participated in management training.
  • 4 diversity KPIs were set in 2022, focusing on hiring practices. Targets were:
  • 100 percent of candidate slates for manager and above will have a diverse slate
  • 35 percent of management hires will be women
  • 25 percent of tech hires will be women
  • 40 percent of intern/student hires to reflect a range of ethnicity and gender diversity.

Governance

  • 100 percent of new suppliers in 2021 and 2022 signed the Supplier Code of Conduct, which includes environmental, social and ethical standards.
  • More than 97% of all employees completed compliance training.
  • No product-related health and safety incidents of non-compliance occurred in 2021 or 2022.
Source:

Stratasys Ltd.

Lenzing appoints Chief Transformation Officer (c) Bickel & Company
Dr. Walter Bickel, Chief Transformation Officer
16.04.2024

Lenzing appoints Chief Transformation Officer

The Supervisory Board of Lenzing AG appointed Dr. Walter Bickel as a member of the Managing Board and Chief Transformation Officer of Lenzing AG with effect from April 15, 2024 until December 31, 2025. The experienced manager will strengthen the Lenzing Managing Board and will be responsible for the further development and implementation of the performance program. Lenzing AG’s existing performance program was successfully initiated by the Managing Board in autumn 2023 and focuses on positive free cash flow, strengthened sales and margin growth, and sustainable cost excellence. The appointment of a separate member of the Managing Board for the performance program underlines its importance for the economic recovery of Lenzing AG and will make a significant contribution to achieving the goals. In addition, this ensures that the existing Managing Board can devote all the necessary resources to its core tasks in sales, operations and finances.

The Supervisory Board of Lenzing AG appointed Dr. Walter Bickel as a member of the Managing Board and Chief Transformation Officer of Lenzing AG with effect from April 15, 2024 until December 31, 2025. The experienced manager will strengthen the Lenzing Managing Board and will be responsible for the further development and implementation of the performance program. Lenzing AG’s existing performance program was successfully initiated by the Managing Board in autumn 2023 and focuses on positive free cash flow, strengthened sales and margin growth, and sustainable cost excellence. The appointment of a separate member of the Managing Board for the performance program underlines its importance for the economic recovery of Lenzing AG and will make a significant contribution to achieving the goals. In addition, this ensures that the existing Managing Board can devote all the necessary resources to its core tasks in sales, operations and finances.

Dr. Walter Bickel is an expert in implementing yield increase programs. He has decades of leadership experience in management consulting and in leading positions in industrial companies. As a member of top management, he has successfully supported comprehensive performance programs at companies such as KUKA, Treofan and Syntegon. At Lenzing, Walter Bickel will further advance and accelerate the performance program, which has already made important contributions to improving earnings, and tap into additional performance improvement potential aiming for a significant sustainable increase of Lenzing’s earning power and competitiveness.

Source:

Lenzing AG

Collaboration between Archroma and DMIx (c) ColorDigital
16.04.2024

Collaboration between Archroma and DMIx

Archroma and ColorDigital GmbH, a company in textile supply chain digitalization, are joining forces to bring the library of engineered color standards to the DMIx ecosystem of fashion brands and suppliers.

All 5,760 color references in the Color Atlas by Archroma® will be integrated into ColorDigital’s DMIx interactive collaboration platform, enabling brands to embrace almost unlimited color creativity with an assurance of color precision. Based on digital twin technology, the DMIx solution ensures that color choices are aligned across design, sourcing and production, reducing sampling costs and collection development time as well as improving color accuracy and end-product quality. DMIx marks a significant step forward in enhancing color management processes for both digital product creation (DPC) and physical production.

Archroma and ColorDigital GmbH, a company in textile supply chain digitalization, are joining forces to bring the library of engineered color standards to the DMIx ecosystem of fashion brands and suppliers.

All 5,760 color references in the Color Atlas by Archroma® will be integrated into ColorDigital’s DMIx interactive collaboration platform, enabling brands to embrace almost unlimited color creativity with an assurance of color precision. Based on digital twin technology, the DMIx solution ensures that color choices are aligned across design, sourcing and production, reducing sampling costs and collection development time as well as improving color accuracy and end-product quality. DMIx marks a significant step forward in enhancing color management processes for both digital product creation (DPC) and physical production.

Sustainability is an essential factor for both Archroma and DMIx. Colors in the Archroma Color Atlas are formulated to comply with leading eco-standards while also delivering consistent and accurate color reproduction. This complements the DMIx ImpAct approach, which provides data on the environmental impact of raw materials to enable brands to select inputs that meet their sustainability targets.

A new feature on the DMIx platform is DMIx eXcite, an inspirational material and color-trend hub that uses interactive moodboards to share new color and material scenarios ahead of each season. Designers and colorists will be able to directly use colors presented in the eXcite trend reports, including colors from the Color Atlas by Archroma®, across the DMIx color and 3D technology tools.

Source:

Archroma

Barry-Wehmiller appoints Vice President of Global Supply Chain (c) Barry-Wehmiller
George Berg, Vice President of Global Supply Chain
12.04.2024

Barry-Wehmiller appoints Vice President of Global Supply Chain

Barry-Wehmiller announces the appointment of George Berg as the Vice President of Global Supply Chain. In this new role, Berg will lead and develop a team to serve as the primary contact between Barry-Wehmiller and its suppliers throughout the world.

Under Berg’s leadership, the Enterprise Supply Chain team will establish formal guidelines that govern business transactions with Barry-Wehmiller and outline clear expectations for suppliers. Specifically, they will set global procurement policies and establish global preferred suppliers to deliver greater value to customers.
This reorganization streamlines operations across the spectrum of Barry-Wehmiller companies and provides suppliers with more opportunities as they deliver savings, support innovation, increase quality and reduce lead times.

Barry-Wehmiller announces the appointment of George Berg as the Vice President of Global Supply Chain. In this new role, Berg will lead and develop a team to serve as the primary contact between Barry-Wehmiller and its suppliers throughout the world.

Under Berg’s leadership, the Enterprise Supply Chain team will establish formal guidelines that govern business transactions with Barry-Wehmiller and outline clear expectations for suppliers. Specifically, they will set global procurement policies and establish global preferred suppliers to deliver greater value to customers.
This reorganization streamlines operations across the spectrum of Barry-Wehmiller companies and provides suppliers with more opportunities as they deliver savings, support innovation, increase quality and reduce lead times.

Berg brings a wealth of experience in supply chain management. He joins Barry-Wehmiller from Robert Bosch, where he worked for 27 years in various supply chain, operation and finance roles. His most recent role was Vice President of Logistics and Supply Chain for the $1.6 billion automotive aftermarket division, where he led all supply chain functions, including planning, warehousing, transportation and foreign trade. Before that, he was the Chief Operating Officer of the heating, ventilation and air conditioning division. He also served as the Chief Financial Officer of the packaging division, which manufactured vertical and horizontal packaging systems for the food industry.

Source:

Barry-Wehmiller

Bernd Reifenhäuser, Ulrich Reifenhäuser, Jan Karnath Foto: Reifenhäuser
Bernd Reifenhäuser, Ulrich Reifenhäuser, Jan Karnath
11.04.2024

Fourth generation at Reifenhäuser

Jan Karnath (39), a nephew of Bernd Reifenhäuser (CEO) and Ulrich Reifenhäuser (CSO), is the first representative of the fourth generation to join the operational business of the Reifenhäuser Group. His start paves the way for the continuous development of the family business and reinforces the transformation from machine manufacturer to solution provider: As the company's first Chief Digital Officer, Karnath will henceforth be responsible for and steer the Group's digital transformation.

In his new position as Chief Digital Officer, Jan Karnath is responsible for the strategic and operational development of all Reifenhäuser units whose business model is based on digital products: The tech start-up RE: GmbH, which specializes in connecting entire production facilities, AR:DEL, Reifenhäuser's digital education and learning platform, and R-Cycle, the digital product passport for sustainable packaging. In addition, Karnath is responsible for the Group's overall digital strategy: he will continue to develop the portfolio of digital products and ensure that all relevant digital initiatives are integrated into strategic planning.

Jan Karnath (39), a nephew of Bernd Reifenhäuser (CEO) and Ulrich Reifenhäuser (CSO), is the first representative of the fourth generation to join the operational business of the Reifenhäuser Group. His start paves the way for the continuous development of the family business and reinforces the transformation from machine manufacturer to solution provider: As the company's first Chief Digital Officer, Karnath will henceforth be responsible for and steer the Group's digital transformation.

In his new position as Chief Digital Officer, Jan Karnath is responsible for the strategic and operational development of all Reifenhäuser units whose business model is based on digital products: The tech start-up RE: GmbH, which specializes in connecting entire production facilities, AR:DEL, Reifenhäuser's digital education and learning platform, and R-Cycle, the digital product passport for sustainable packaging. In addition, Karnath is responsible for the Group's overall digital strategy: he will continue to develop the portfolio of digital products and ensure that all relevant digital initiatives are integrated into strategic planning.

Jan Karnath has over 15 years of experience in the digital business. He studied Management in Vienna and Digital Transformation & Innovation at Stanford University. He then began his career at SAP and has since successfully led several digital companies as a board member and founder. Investors in these companies have included EQT and Porsche AG.

More information:
Reifenhäuser
Source:

Reifenhäuser

09.04.2024

Autoneum: Dividende von 2.50 CHF

Die Aktionäre der Autoneum Holding AG haben heute im Rahmen der ordentlichen Generalversammlung allen Anträgen des Verwaltungsrats zugestimmt. Für das Geschäftsjahr 2023 wurde eine Dividende von 2.50 CHF pro Aktie genehmigt. Neu wurde Martin Klöti in den Verwaltungsrat gewählt. Mit ihm erweitert sich der Verwaltungsrat der Autoneum Holding AG von sechs auf sieben Mitglieder.

Verwaltungsratspräsident Hans-Peter Schwald betonte in seiner Rede: „Die Übernahme von Borgers Automotive war ein strategisch wichtiger Schritt. Dadurch baut Autoneum seine globale Markt- und Technologieführerschaft mit nachhaltigen und leichten Akustik- und Wärmemanagement-Lösungen für Fahrzeuge deutlich aus.“

Die Aktionäre der Autoneum Holding AG haben heute im Rahmen der ordentlichen Generalversammlung allen Anträgen des Verwaltungsrats zugestimmt. Für das Geschäftsjahr 2023 wurde eine Dividende von 2.50 CHF pro Aktie genehmigt. Neu wurde Martin Klöti in den Verwaltungsrat gewählt. Mit ihm erweitert sich der Verwaltungsrat der Autoneum Holding AG von sechs auf sieben Mitglieder.

Verwaltungsratspräsident Hans-Peter Schwald betonte in seiner Rede: „Die Übernahme von Borgers Automotive war ein strategisch wichtiger Schritt. Dadurch baut Autoneum seine globale Markt- und Technologieführerschaft mit nachhaltigen und leichten Akustik- und Wärmemanagement-Lösungen für Fahrzeuge deutlich aus.“

Die Aktionärinnen und Aktionäre genehmigten den Jahresbericht 2023 einschließlich der Konzern-und Jahresrechnung. Der Antrag des Verwaltungsrats, aufgrund des positiven Konzernergebnisses eine Dividende von 2.50 CHF je Namenaktie für das Geschäftsjahr 2023 auszuschütten, wurde von der Generalversammlung ebenfalls angenommen. Die Dividendenzahlung erfolgt ab dem 15. April 2024. Der Corporate Responsibility Report 2023 wurde im Sinne einer Konsultativabstimmung mit 99.48 Prozent genehmigt.

Hans-Peter Schwald wurde als Präsident, Liane Hirner, Norbert Indlekofer, Michael Pieper, Oliver Streuli und Ferdinand Stutz als Mitglieder des Verwaltungsrats für ein weiteres Jahr im Amt bestätigt. Hans-Peter Schwald, Norbert Indlekofer, Ferdinand Stutz und Oliver Streuli wurden in den Vergütungsausschuss wiedergewählt. Die Aktionärinnen und Aktionäre der Autoneum Holding AG haben ferner sämtlichen Mitgliedern der Konzernleitung und des Verwaltungsrats mit deutlicher Stimmenmehrheit Entlastung erteilt.

Source:

Autoneum Management AG

INDA Lifetime Award 2024 INDA
09.04.2024

INDA Honors Three Nonwoven Industry Professionals with Lifetime Awards

INDA, the Association of the Nonwoven Fabrics Industry, announced three recipients for the INDA Lifetime Service Award and Lifetime Technical Achievement Awards. David Powling, Paul Latten, and Arnold Wilkie are being recognized for their key contributions to the advancement of the nonwovens industry and INDA.

David Powling and Paul Latten will receive their awards at the World of Wipes® (WOW) International Conference, June 18th beginning at 4:30 pm
Arnold Wilkie will receive his award at the RISE® Conference, October 1st at 4:30 pm.

The Award recipients are:

INDA, the Association of the Nonwoven Fabrics Industry, announced three recipients for the INDA Lifetime Service Award and Lifetime Technical Achievement Awards. David Powling, Paul Latten, and Arnold Wilkie are being recognized for their key contributions to the advancement of the nonwovens industry and INDA.

David Powling and Paul Latten will receive their awards at the World of Wipes® (WOW) International Conference, June 18th beginning at 4:30 pm
Arnold Wilkie will receive his award at the RISE® Conference, October 1st at 4:30 pm.

The Award recipients are:

David Powling
David Powling has worked for Kimberly-Clark Corporation for nearly 25 years and has been a contributor to the Wipes Task Force and Technical Committees at INDA and EDANA for over 15 years. Powling served as Chairman of the INDA Wipes Task Force from 2009-2013. His work on these committees include developing the first and second edition of the Flushability Guidance Document (GD) and he was later instrumental in the roll out of the third and fourth edition GDs. Throughout this time, Powling coordinated activities with Kimberly-Clark Corporation to provide critical supporting data, as these flushability test protocols were developed.

Powling has been actively involved in collection studies where he was key in framing the work packages of those studies, collating and analyzing the data, and drafting reports. These collection studies include: Moraga, CA (advisor); Maine – Part #1 and Part #2 (hands-on); Jacksonville (hands-on); and the Northern and Southern California studies in 2023, which combined, was the largest study to date. Powling led the charge in the California study and was personally involved in identifying 1,745 samples.

Powling has been a key technical contributor to the INDA Government Relation efforts that has resulted in labelling regulations in multiple U.S. states. He has also been an active participant in efforts to develop an ISO standard for flushable products.  In this effort, he was a test method sub-team leader during the preparation of the proposed ISO standard responsible for organizing appendices of existing flushability methodologies. Additionally, Powling has been awarded, or has pending, 25+ U.S. patents, including many covering the development of dispersible wet wipes.

Paul Latten
Paul Latten has been an active member of the nonwoven and fiber industries for over 35 years. Most recently he has led innovation at Southeast Nonwovens, commercializing more than 75 new nonwoven products per year. Prior to joining Southeast Nonwovens, Latten held senior leadership positions with Basofil, Consolidated Fibers, Invista, and KoSa (and Trevira and Hoechst Celanese precursors to KoSa.)

Latten has a successful career of reinvigorating company R&D efforts by instilling a focus on customer-centric innovation. He is an inventor of record for a number of patents and pending applications. Latten has given numerous presentations on innovative nonwoven materials, at events such as INDA’s World of Wipes® (WOW) International Conference, RISE® (Research, Innovation & Science for Engineered Fabrics), the VISION International Conference, and the Converting and Bonding (CAB) Conference.

His recent innovations have been diverse in scope and include nonwovens for use in hydrogen fuel cells, moisture detection media, proprietary wipe designs, and natural fiber-based packaging. Aside from new fiber and nonwoven products, Latten has championed process innovation that has resulted in tangible output gains that broadened the market opportunity for his current and prior companies.

Latten’s portfolio of innovations has spanned across the nonwoven markets, often involving wetlaid and drylaid nonwovens. These include materials for moisture detection, synthetic papers, fuel cell cathodes, protective covers for treats, melamine nonwovens for surface treatment, and the development of binder fibers. His work also touched upon disposable hygiene applications entailing dry-laid web containing hollow synthetic fibers to improve absorbent core fluid uptake.

Latten has been a board member of INDA for multiple terms and served as Chairman in 2008-2010. Additionally, he has contributed to many INDA conference planning committees, helping drive the success of these events.

Arnold Wilkie
Arnold Wilkie has a distinguished career in advancing yarn, fiber, and nonwoven technologies since 1970. Since 1988, he has been President and Owner of Hills, Inc. where he has sustained their innovative culture. Wilkie has over 40 patents and applications covering yarns, bicomponent fibers, ultra-fine fibers, nanofibers, dissolvable filaments, meltblown nonwovens, and polymer processing innovations. He established Hills as a leading innovator in bicomponent fiber nonwovens and in the equipment to produce these materials. During Wilkie’s time leading Hills, their pilot capabilities have become well-known and highly regarded for enabling material innovations.

Many of his patents pertain to the development of equipment solutions that enable the production of complex bi- and multi-component fiber structures. These solutions include the method of forming a continuous filament spun-laid web, the method and apparatus for producing polymer fibers and fabrics including multiple polymer components, the method and apparatus for controlling airflow in a fiber extrusion system, and controlling the dissolution of dissolvable polymer components in plural component fibers.

Arnold Wilkie, President, Hills, Inc., earned his bachelor’s degree in Mechanical Engineering from the University of Tennessee and an MBA from the University of West Florida. He is a licensed Professional Engineer in Florida, and has been engaged in the synthetic fibers industry since 1970. The first 17 years were with the Monsanto Company, where he held positions in Fiber Process Engineering, Fiber Product R&D, and Product Management. Since 1988, he has been a majority Owner and President of Hills, Inc., a 52-year-old company located in West Melbourne, Florida, specializing in the development, manufacture, and supply of advanced custom fiber extrusion equipment. Wilkie has been involved with and supported The Nonwovens Institute, since its founding in 1991 as the Nonwovens Cooperative Research Center (NCRC), with Hills joining as a Member in 2001

More information:
INDA lifetime achievement
Source:

INDA

John Lewis Partnership appoints new Chairman (c) John Lewis Partnership
Jason Tarry
08.04.2024

John Lewis Partnership appoints new Chairman

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

Rita Clifton, Deputy Chairman and Chair of the Nomination Committee, said: “The Board extends its huge thanks to Sharon for successfully leading the Partnership through one of the most testing periods in its history - first Covid and then the cost of living crisis. She has faced into the toughest decisions and overseen the Partnership's financial recovery; we are in good financial health with a return to profit, and have a strong balance sheet with record investment planned this year. Sharon has also helped ensure that employee ownership of the Partnership is secure, is demonstrably focused on its purpose as a force for good and with an open and inclusive culture.

“As the Partnership moves into the next phase of its modernisation focused on our core retail business as well future growth, we are confident that Jason will provide the kind of inspirational leadership, a proven track record in multi-channel, multi-category retail success and a strong identification with Partnership values that we are seeking in this role. Jason has impressed everyone throughout the interview process with his warmth, his belief in the Partnership’s ideals and democratic principles and his appreciation for our unique and special brands.”

More information:
John Lewis Partnership Chairman
Source:

John Lewis Partnership

Freudenberg: Sant’Omero site implements ZDHC (c) Freudenberg Performance Materials
08.04.2024

Freudenberg: Sant’Omero site implements ZDHC

Freudenberg Performance Materials Apparel Europe (Freudenberg) has reached a further sustainability milestone: The new Freudenberg Apparel Competence Center in Sant’Omero, Italy, successfully completed the 4sustainability® Chemical Management protocol (4s CHEM) recently and reached the Advanced Level. The aim of the protocol is to progressively eliminate toxic and hazardous chemicals and related risks throughout the production process.

Freudenberg Performance Materials Apparel Europe (Freudenberg) has reached a further sustainability milestone: The new Freudenberg Apparel Competence Center in Sant’Omero, Italy, successfully completed the 4sustainability® Chemical Management protocol (4s CHEM) recently and reached the Advanced Level. The aim of the protocol is to progressively eliminate toxic and hazardous chemicals and related risks throughout the production process.

Competence center for interlinings
Freudenberg opened its Apparel Competence Center in Sant’Omero in May 2023. The factory in Italy is an innovative competence center that coats and finishes nonwoven, woven and weft interlinings for apparel customers in Europe.
Freudenberg has now taken the next logical step: as part of a comprehensive audit, the Apparel Competence Center has implemented ZDHC guidelines in its production process. To achieve this, Freudenberg called in the experts from Process Factory, a consultancy that specializes in sustainability topics. With their support, Freudenberg’s Sant’Omero site has reached the Advanced level of the 4sustainability® Chemical Management protocol (4s CHEM), in line with the ZDHC Roadmap to Zero Program.
Implementation is controlled annually based on this protocol and offers companies in the fashion industry a degree of reliability. It guarantees structured, fully transparent procedures, regular monitoring, and continuous control of Freudenberg’s production processes.  

ZDHC
By demonstrating its rejection of environmentally harmful chemicals and substances, the Apparel Competence Center shows that Freudenberg gives top priority to taking responsibility for people and the environment.
The aim of the Zero Discharge of Hazardous Chemicals (ZDHC) Foundation and its globally recognized Roadmap to Zero Program is to eliminate the release of toxic chemicals in the textile and fashion industry’s supply chain based on the ZDHC Manufacturing Restricted Substances List (ZDHC MRSL).
By applying the 4s CHEM protocol, the production site in Sant’Omero is sending a clear signal to the fashion industry that Freudenberg products meet the highest quality standards and are also safe and environmentally friendly.

Source:

Freudenberg Performance Materials Holding GmbH

Together with Prof. Dr. Klaus Müller, who acts as CFO, Eva Baumann forms the management of the internationally active CHT Group. Photo CHT Group
05.04.2024

Eva Baumann new CEO of the CHT Group

As of April 1, 2024, Eva Baumann takes over the position of CEO in CHT. Together with Prof. Dr. Klaus Müller, who acts as CFO, she forms the management of the internationally active CHT Group.

Until 2020, Eva Baumann had worked for many years in a leading global company in the chemical industry. She has been part of the CHT Group since January 2020 and, as Group Vice President, has headed the Business Field General Industries at Group level. As CEO, Eva Baumann is now responsible for Marketing, Sales, Corporate Strategy, Human Resources and Sustainability.

Eva Baumann has ambitious plans for the future of the CHT Group: "Together with my management team, I will continue to expand the CHT Group as a successful and profitable specialty chemicals group. We focus on what we have been particularly good at for over 70 years: turning innovative ideas into specialty applications. These ideas help our customers to secure their success and at the same time make a sustainable contribution to development. Our customer proximity and the outstanding quality of our products and services set us apart in the market.

As of April 1, 2024, Eva Baumann takes over the position of CEO in CHT. Together with Prof. Dr. Klaus Müller, who acts as CFO, she forms the management of the internationally active CHT Group.

Until 2020, Eva Baumann had worked for many years in a leading global company in the chemical industry. She has been part of the CHT Group since January 2020 and, as Group Vice President, has headed the Business Field General Industries at Group level. As CEO, Eva Baumann is now responsible for Marketing, Sales, Corporate Strategy, Human Resources and Sustainability.

Eva Baumann has ambitious plans for the future of the CHT Group: "Together with my management team, I will continue to expand the CHT Group as a successful and profitable specialty chemicals group. We focus on what we have been particularly good at for over 70 years: turning innovative ideas into specialty applications. These ideas help our customers to secure their success and at the same time make a sustainable contribution to development. Our customer proximity and the outstanding quality of our products and services set us apart in the market.

More information:
CHT Gruppe
Source:

CHT Group

27.03.2024

KARL MAYER GROUP at SaigonTex 2024

At the upcoming SaigonTex, taking place from April 10th to 13th in Ho Chi Minh City, the KARL MAYER GROUP will present its innovations.

DThe KARL MAYER exhibition for warp preparation is entirely dedicated to sustainability. With BLUEDYE, an innovative machine is introduced, which ensures more sustainability and lower costs in the process of indigo dyeing. Thanks to innovative technological solutions, the amounts of water and chemicals used are significantly reduced. Additionally, less yarn waste is generated. Another innovation for more sustainability is CASCADE, a steam and condensation system that requires significantly less steam in the drying process of sizing and indigo dyeing plants by using a solution for energy recycling that is protected against imitation.

For the warp knitting sector, the group of companies presents its latest technological developments. Highlights include a digital solution from KM.ON for optimizing production management (DPM), innovations for enhancing performance in the HKS segment, and a double raschel machine that enables unique creative multi-color designs in spacer textiles with more colour and new Jacquard techniques.

At the upcoming SaigonTex, taking place from April 10th to 13th in Ho Chi Minh City, the KARL MAYER GROUP will present its innovations.

DThe KARL MAYER exhibition for warp preparation is entirely dedicated to sustainability. With BLUEDYE, an innovative machine is introduced, which ensures more sustainability and lower costs in the process of indigo dyeing. Thanks to innovative technological solutions, the amounts of water and chemicals used are significantly reduced. Additionally, less yarn waste is generated. Another innovation for more sustainability is CASCADE, a steam and condensation system that requires significantly less steam in the drying process of sizing and indigo dyeing plants by using a solution for energy recycling that is protected against imitation.

For the warp knitting sector, the group of companies presents its latest technological developments. Highlights include a digital solution from KM.ON for optimizing production management (DPM), innovations for enhancing performance in the HKS segment, and a double raschel machine that enables unique creative multi-color designs in spacer textiles with more colour and new Jacquard techniques.

"Vietnam is a growing market for textile production, which is gaining importance especially for major international sports brands," says Eddy Ho, Senior Sales Manager at KARL MAYER.
The sales professional expects a large number of visitors, especially from Vietnam, China, Taiwan, and South Korea. SaigonTex is one of the most important textile machinery exhibitions in East Asia, located in close proximity to production centres. Vietnam is, in turn, the second most important market for the KARL MAYER GROUP after China. It benefits from increasing foreign direct investments in textile production from China, Taiwan, and South Korea.

Source:

KARL MAYER GROUP

26.03.2024

CARBIOS joins Paris Good Fashion

CARBIOS, a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces its membership to Paris Good Fashion, the association that unites over 100 French players in the sector - brands, designers and experts - around their commitment to sustainable fashion. CARBIOS is the first recycling technology supplier to join, demonstrating the importance given to recycling to achieve textile circularity. By contributing its solution for the biorecycling of polyester, the world's most widely used and fastest-growing textile fiber, CARBIOS aims to contribute Paris Good Fashion’s mission, which focuses on concrete actions, best practice sharing and collective intelligence to accelerate change in the fashion industry.

CARBIOS, a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces its membership to Paris Good Fashion, the association that unites over 100 French players in the sector - brands, designers and experts - around their commitment to sustainable fashion. CARBIOS is the first recycling technology supplier to join, demonstrating the importance given to recycling to achieve textile circularity. By contributing its solution for the biorecycling of polyester, the world's most widely used and fastest-growing textile fiber, CARBIOS aims to contribute Paris Good Fashion’s mission, which focuses on concrete actions, best practice sharing and collective intelligence to accelerate change in the fashion industry.

CARBIOS will be particularly involved in the association's project to set up a working group dedicated to the development of a "fiber-to-fiber" industry, one of Paris Good Fashion's top priorities over the next five years. While only 1% of textiles are currently recycled fiber-to-fiber (circular), this working group will identify levers for significantly increasing the share of recycled fibers in the industry.  Polyester currently follows a linear model from which we need to break out: virgin polyester is made from petroleum, and recycled polyester from PET bottles. After use, most of these products end their lives in landfill or incineration. A circular, "fiber-to-fiber" industry will give new life to textiles and reduce the environmental impact associated to their end-of-life management.

Source:

Carbios

25.03.2024

SGL Carbon: CEO Dr. Torsten Derr will not extend contract

The CEO of SGL Carbon SE, Dr. Torsten Derr, informed the Chairman of the Supervisory Board today that he will not extend his contract, which expires on May 31, 2025. Dr. Derr will continue his duties until the new CEO is appointed, at the latest until May 31, 2025.

“SGL Carbon is once again a strong and stable company whose profitable development I will continue to work on with all my strength until the last day. But even without me, my colleague on the Board of Management, Thomas Dippold, and the team will continue to develop the company successfully. The last almost four years have always been the achievement of the entire SGL team. SGL Carbon is now sailing in stable waters and my transformation work will therefore be completed shortly,” explains Dr. Torsten Derr.

The CEO of SGL Carbon SE, Dr. Torsten Derr, informed the Chairman of the Supervisory Board today that he will not extend his contract, which expires on May 31, 2025. Dr. Derr will continue his duties until the new CEO is appointed, at the latest until May 31, 2025.

“SGL Carbon is once again a strong and stable company whose profitable development I will continue to work on with all my strength until the last day. But even without me, my colleague on the Board of Management, Thomas Dippold, and the team will continue to develop the company successfully. The last almost four years have always been the achievement of the entire SGL team. SGL Carbon is now sailing in stable waters and my transformation work will therefore be completed shortly,” explains Dr. Torsten Derr.

“We are grateful to Dr. Derr for talking to us early on and in a spirit of trust. This will allow us to take our time in arranging his succession. SGL Carbon can look back on three successful financial years, is financially strong and relies on a broad-based management team that continues to drive forward the expansion of the business in strong growth markets. In our appreciative discussions, Dr. Derr has promised to complete all important projects with his usual commitment until the handover of the CEO position,” says Prof. Dr. Frank Richter.

The Supervisory Board will immediately begin the search for a successor to Dr. Torsten Derr.

More information:
SGL Carbon SE CEO management
Source:

SGL Carbon SE

18.03.2024

Autoneum: Increase in revenue and profit in 2023

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Outlook
According to forecasts, worldwide automobile production will be somewhat restrained in 2024 and may even decline slightly compared with 2023. Based on these market forecasts1, Autoneum expects revenue in 2024 of CHF 2.3 billion to 2.5 billion. The Company anticipates an EBIT margin of 4.5–5.5% and free cash flow in the high upper double-digit million range for 2024.

1 Source: S&P Global Light Vehicle Production Forecast of February 16, 2024.

More information:
Autoneum financial year 2023
Source:

Autoneum Management AG