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26.11.2024

Autoneum expands its presence in the Asian growth markets

In line with the new Level Up corporate strategy, which focuses on innovation and a future-fit product portfolio among other things, Autoneum has further expanded its research and development activities in 2024 with a particular focus on New Mobility. In addition to establishing a specialized team to accelerate the development and market readiness of novel products and technologies for electric vehicles, the Company has complemented its global innovation network with a new Research & Technology (R&T) Center in Shanghai, China.

Innovation is and always has been an integral part of Autoneum’s corporate strategy and thus a key factor for business success. The Company’s innovation activities are also an important aspect of its vision: to be the global leader for innovative and sustainable solutions bringing comfort to every vehicle. Against the backdrop of the rapidly advancing electrification of mobility and Autoneum’s strategic focus on further expanding its presence in the Asian growth markets, the expansion activities of the company-wide innovation network this year concentrated on two key areas in particular: New Mobility and presence in China.

In line with the new Level Up corporate strategy, which focuses on innovation and a future-fit product portfolio among other things, Autoneum has further expanded its research and development activities in 2024 with a particular focus on New Mobility. In addition to establishing a specialized team to accelerate the development and market readiness of novel products and technologies for electric vehicles, the Company has complemented its global innovation network with a new Research & Technology (R&T) Center in Shanghai, China.

Innovation is and always has been an integral part of Autoneum’s corporate strategy and thus a key factor for business success. The Company’s innovation activities are also an important aspect of its vision: to be the global leader for innovative and sustainable solutions bringing comfort to every vehicle. Against the backdrop of the rapidly advancing electrification of mobility and Autoneum’s strategic focus on further expanding its presence in the Asian growth markets, the expansion activities of the company-wide innovation network this year concentrated on two key areas in particular: New Mobility and presence in China.

Responding to the increasing demand for new components for electric vehicles, Autoneum has formed a specialized team dedicated exclusively to New Mobility to further strengthen its position in this growing market segment. The New Mobility team was established in fall 2023 and has been completed over the past twelve months with members from different departments. It unites a broad set of skills from various fields of expertise such as product innovation, product development and industrialization, sales and business development. The team places a particular focus on accelerating the development and time to market of new products and technologies specifically for the fast-evolving battery systems and architectures of electric vehicles. It also acts as a catalyst for innovation pro-jects and strategic partnerships. The New Mobility experts work in close collaboration with the various departments across the organization and are based at Autoneum’s Swiss headquarters in Win-terthur, at the German locations in Gundernhausen and Munich and in Shanghai, China.

Shanghai is also the location of Autoneum’s third R&T Center worldwide, which was opened in China this summer to enhance the Company’s competitiveness in Asia and cater to the development and innovation needs in this key strategic market. The new center aims to intensify and accelerate the development and production of innovative components and materials, especially regarding e-mobility. The establishment of an R&T team in China allows Autoneum to develop products in a timely manner to respond to the dynamic market conditions and the rapidly evolving requirements of Chinese vehicle manufactures. In terms of material development, the center will support the wider organization in the further development of sustainable materials, especially polyester. In addition, it will promote the introduction of Autoneum’s environmentally friendly products such as the Company’s monomaterial carpet systems featuring Autoneum’s innovative and latex-free alternative backcoating (ABC) process to the Chinese market. Moreover, the R&T Center in Shanghai will also serve as a valuable point of contact with the 14 production facilities of the Jiangsu Huanyu Group, whose acquisition of a majority stake of 70 percent by Autoneum was recently announced and is expected to be closed in March 2025 (see media release of November 19, 2024). While the plants in China will benefit from the local R&T team’s expertise in the company’s technologies, the existing broad customer base of Jiangsu Huanyu Group will support Autoneum in better understanding and serving the innovation needs of Chinese vehicle manufacturers.

The new R&T Center in Shanghai complements the primary R&T Center in Winterthur, Switzerland, which supports the global network with its expertise and a vast array of services in the areas of pre-development as well as acoustic and thermal benchmarking, simulation and testing, and the center in Bocholt, Germany. The latter was integrated into Autoneum’s innovation network following the acquisition of Borgers Automotive last year and has since established itself as the Company’s competence center for trunk and trim components. Including the new center in China, a total of approximately eighty R&T employees – including engineers, chemists, physicists and product designers – are continuously working on new ideas aimed at the next technological breakthrough in acoustic and thermal management and shielding technologies.

Source:

Autoneum Management AG

21.11.2024

Green Threads DPP Launches Process for Digital Product Passport Compliance

Green Threads DPP, the Hampshire-based supplier of Digital Product Passports (DPP) to the uniform, workwear, and outdoor apparel industries, is officially launching to help brands fight greenwashing, create value chain transparency, and stay ahead of pending EU Green Deal DPP mandates.

Working directly with universities, textile suppliers, brands, governmental agencies, and manufacturing facilities around the world, Green Threads will help companies quickly and effectively navigate the DPP landscape, engage consumers, and bring in the next era of product transparency.

By 2030, all apparel sold in the EU will require some form of DPP. Scannable at all points along the value chain, DPPs will come in the form of a QR code, RFID tag, or NFC chip. Anyone from brand representatives to compliance officers to consumers will soon have access to a wide range of product information at their fingertips, including a product’s origin, carbon footprint, water consumption, materials composition, credentials, and end of life considerations.

Green Threads DPP, the Hampshire-based supplier of Digital Product Passports (DPP) to the uniform, workwear, and outdoor apparel industries, is officially launching to help brands fight greenwashing, create value chain transparency, and stay ahead of pending EU Green Deal DPP mandates.

Working directly with universities, textile suppliers, brands, governmental agencies, and manufacturing facilities around the world, Green Threads will help companies quickly and effectively navigate the DPP landscape, engage consumers, and bring in the next era of product transparency.

By 2030, all apparel sold in the EU will require some form of DPP. Scannable at all points along the value chain, DPPs will come in the form of a QR code, RFID tag, or NFC chip. Anyone from brand representatives to compliance officers to consumers will soon have access to a wide range of product information at their fingertips, including a product’s origin, carbon footprint, water consumption, materials composition, credentials, and end of life considerations.

Once a brand’s supply chain has been audited and a range of DPP have been created for the garments being produced, Green Threads will actively identify areas for sustainability improvements and make recommendations through the use of tailored Carbon Reduction Plans which are designed to help factories and suppliers set and reach decarbonization goals.

The use of a DPP comes with several benefits:

  • Comply with Green Deal regulations for the sale of footwear and apparel in the EU
  • Eliminate Greenwashing
  • Set and communicate sustainability goals to buyers
  • Showcase Ethical and Sustainability credentials
  • Provides quantifiable / actionable data with which to make future sourcing decisions
  • Market brand messaging directly to the end consumer by creating another touch point for engagement.

Beyond simple compliance with EU regulations, anyone using DPPs will be able to showcase sustainability credentials, differentiate themselves from the competition, and incorporate next-level marketing directly to consumers, all while making “greenwashing” a thing of the past.

“Between pending regulations and concerns around greenwashing, brands have a lot to gain from adopting a Green Threads DPP solution,” said Iain Kettleband, CEO of Green Threads. “By working with our clients and partners, we audit and measure the various elements throughout the entire product journey, facilitating continuous improvement and accountability. We add value by empowering consumers and businesses through easy to access data by which to make informed buying decisions. Most critically our solution goes above and beyond legislation and delivers complete environmental supply chain transparency as well as a dynamic platform through which to showcase a wealth of information related to recycling, care instructions, corporate objectives and ethical certifications”.

Source:

Green Threads DPP

Source; Retviews study by Lectra
21.11.2024

Black Friday fashion trends: Insights from the new Retviews study by Lectra

  • Considering that 2024 summer discounts have increased compared to the previous year (+6%), even sharper price cuts are expected for Black Friday and Cyber Monday
  • Outerwear: the growing popularity of suede garments suggests that brands should focus their discounts on other outerwear, such as down jackets
  • Sneakers: basic and slim-fit models are selling out quickly, while those with a more structured fit are experiencing slower turnover

With Black Friday and Cyber Monday just around the corner, fashion brands are called upon to make conscious and targeted decisions to remain competitive during this peak season. In this context, Lectra, a leader in Industry 4.0 within the fashion, automotive and furniture sectors, leveraged real-time data from Retviews – its AI-powered solution for automated market intelligence to offer insights on increasing sales, reducing stocks and boosting profitability. These tips aim to guide brands in developing the most effective discount strategies based on key fashion trends for the year’s most popular shopping period.

  • Considering that 2024 summer discounts have increased compared to the previous year (+6%), even sharper price cuts are expected for Black Friday and Cyber Monday
  • Outerwear: the growing popularity of suede garments suggests that brands should focus their discounts on other outerwear, such as down jackets
  • Sneakers: basic and slim-fit models are selling out quickly, while those with a more structured fit are experiencing slower turnover

With Black Friday and Cyber Monday just around the corner, fashion brands are called upon to make conscious and targeted decisions to remain competitive during this peak season. In this context, Lectra, a leader in Industry 4.0 within the fashion, automotive and furniture sectors, leveraged real-time data from Retviews – its AI-powered solution for automated market intelligence to offer insights on increasing sales, reducing stocks and boosting profitability. These tips aim to guide brands in developing the most effective discount strategies based on key fashion trends for the year’s most popular shopping period.

Discounts: marked reductions are expected, but targeted at specific categories
For brands, preparing year-end discounts require careful planning to align with consumer preferences. The summer sales period, which represents the highest sales peak before winter promotions, serves as a valuable indicator. AI-based solutions, such as Retviews, are useful to identify and track items that only sell with discounts versus those with high sell-through rates and regular restocking. This allows brands to pinpoint when and where discounts are necessary, optimizing inventory and maximizing profitability.

In particular, Retviews data shows that summer discounts in Europe increased by 6% in 2024 compared to the previous year, suggesting even sharper price cuts for Black Friday and Cyber Monday.

In 2023 the average discount rate slightly decreased compared to 2022 (35% vs 37%); however, weaker summer sales this year indicate a greater quantity of products in stock, which may prompt brands to increase their reductions (following a trend that had already established itself in the United States in 2023, when discount rates had risen to 40%, compared to 37% in 2022).
Strategic and targeted price reductions, however, will help brands maintain margins while also meeting the demands from fashion enthusiasts. So, which product categories are likely to see the most significant discounts?
 
Autumn jackets: full price for suede outerwear, discounts on down jackets
In the autumn-winter season, outerwear is at the heart of collections, with this year's styles ranging from denim and leather to suede. Suede stands out as a premium, on-trend fabric with high consumer demand. For instance, in ZARA's latest collection, suede jackets quickly became bestsellers, with the brand’s blazers consistently selling out and being restocked, despite their premium pricing.
 
The popularity of suede highlights its potential as a full-price item, allowing brands to focus discounts on other pieces and prioritize full-price sales for trend-driven items. Classic and timeless styles continue to dominate, from tailored blazers to sophisticated silhouettes seen in prêt-à-porter, premium, and luxury collections. Meanwhile, down jackets, which are a key part of the Gorpcore trend, could now be considered a less promising investment for brands and may therefore see deeper discounts this Black Friday.

Sneakers: slim fits are bestsellers, while running shoes see lower demand
When it comes to sneakers, there has been a surge in popularity for classic, aerodynamic styles, with consumers gravitating towards slim and basic models inspired by Adidas classics such as Sambas, Gazelles, and Spezials. These slimmer, retro-inspired models are selling out quickly, while more structured sneakers appear to have slower turnover rates. According to Retviews data, retro and colorful sneakers have become bestsellers in brand collections from Adidas, Puma and Zara. On the other hand, bulkier, running-style sneakers are experiencing lower demand, with larger stock levels. Consequently, these items may be subject to special discounts.

Source:

Lectra

Eighth Global Nonwoven Markets Report Image Edana/INDA
21.11.2024

INDA and EDANA: Eighth Global Nonwoven Markets Report

INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens released the Global Nonwoven Markets Report, A Comprehensive Survey and Outlook, 2023–2028, it is now available for purchase through both INDA’s and EDANA’s websites.

This latest edition offers a comprehensive analysis of global nonwoven macro drivers, supply and demand trends, and an expanded regional trade section. The report forecasts a steady growth in demand for nonwovens across key sectors over the next five years.

Key Insights from the Report Include:

INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens released the Global Nonwoven Markets Report, A Comprehensive Survey and Outlook, 2023–2028, it is now available for purchase through both INDA’s and EDANA’s websites.

This latest edition offers a comprehensive analysis of global nonwoven macro drivers, supply and demand trends, and an expanded regional trade section. The report forecasts a steady growth in demand for nonwovens across key sectors over the next five years.

Key Insights from the Report Include:

  • Production Growth
    From 2013 to 2023, nonwoven production increased at an annual rate of 5.4%, with significant growth driven by the spunlaid and needlepunch processes.
  • Regional Production
    China led global production growth, contributing an additional 4.5 million tonnes from 2013 to 2023—a remarkable 9.4% annual growth rate.
  • End-Use Expansion
    Wipes, medical, and transportation segments experienced the fastest expansion among nonwoven end-use applications.

“The global nonwovens industry is changing in a positive way with moves toward innovation and sustainable products,” said the report’s co-authors Jacques Prigneaux, Market Analysis & Economic Affairs Director at EDANA and Mark Snider, Chief Market and Industry Analyst at INDA.

This report offers a detailed breakdown of regional demographics, production forecasts, technological advancements, and investment outlooks for North America, Greater Europe, Asia, and South America. Additionally, it includes an economic trade analysis, end-use segmentation, and insights into future industry trends.

“As strategic partners, INDA and EDANA are committed to sustained growth and innovation within the entire nonwovens supply chain. This report presents our collective best estimate on future demand, predicated on sound macro-economic analysis,” said INDA President Tony Fragnito. “This Global Nonwoven Markets Report is an essential planning resource for all those involved in strategic planning within the nonwovens supply chain.”

“The demand for reliable market information and forward-looking data is a vital ingredient for thriving a successful business. This new report, developed by our two leading nonwovens industry associations, draws on decades of experience, close observation, and direct data collection from hundreds of companies," stated EDANA General Manager Murat Dogru. "Created by the industry for the industry, it stands as a unique, authoritative, and reliable resource on nonwovens data than any other report.”

More information:
Market report INDA Edana nonwovens
Source:

Edana

Water-Free Dye by GTT and Golden Long John Photo Green Theme Technologies
20.11.2024

Water-Free Dye by GTT and Golden Long John

Substituting dry curing for traditional water-based techniques, these new textile production solutions greatly reduce water-borne pollution: Green Theme Technologies (GTT), creators of the waterless and PFAS-free EMPEL® textile finishing platform, has teamed up with Golden Long John to promote the next generation of cleaner and more efficient fabric dye and finishing processes.

The textile manufacturing industry generates trillions of gallons of wastewater each year. Traditional textile dyeing and finishing rinses chemical dyes and water repellency onto fabrics. Post-production toxic water is then dumped into rivers and oceans.

Last year, Golden Long John, a major textile supplier of the global footwear industry, introduced GTT’s EMPEL® finishing platform in their Vietnam factories. Their partnership has led to the combination of their two industry leading technologies, the EMPEL® high performance water repellent finish and Golden Long John’s direct dye process.

Substituting dry curing for traditional water-based techniques, these new textile production solutions greatly reduce water-borne pollution: Green Theme Technologies (GTT), creators of the waterless and PFAS-free EMPEL® textile finishing platform, has teamed up with Golden Long John to promote the next generation of cleaner and more efficient fabric dye and finishing processes.

The textile manufacturing industry generates trillions of gallons of wastewater each year. Traditional textile dyeing and finishing rinses chemical dyes and water repellency onto fabrics. Post-production toxic water is then dumped into rivers and oceans.

Last year, Golden Long John, a major textile supplier of the global footwear industry, introduced GTT’s EMPEL® finishing platform in their Vietnam factories. Their partnership has led to the combination of their two industry leading technologies, the EMPEL® high performance water repellent finish and Golden Long John’s direct dye process.

“We believe, Cleaner IS Better and this is a big step forward for the fashion and textile industries,” said Martin Flora, President of GTT Business Development. “Similar to GTT’s EMPEL® application, Golden Long John applies dye chemistry directly onto fabrics. Better performance with much less pollution is our vision for the future.”

Source:

Green Theme Technologies

20.11.2024

GOTS Due Diligence Handbook for Auditors

Global Standard, the non-profit that manages the Global Organic Textile Standard (GOTS), in partnership with The Hague-based UpRights Foundation, announced the launch of the GOTS Due Diligence Handbook for Auditors. This landmark resource is a critical step in promoting sustainable practices, human rights and ethical business conduct across the textile sector and in line with evolving regulatory requirements around the world.  
 

Global Standard, the non-profit that manages the Global Organic Textile Standard (GOTS), in partnership with The Hague-based UpRights Foundation, announced the launch of the GOTS Due Diligence Handbook for Auditors. This landmark resource is a critical step in promoting sustainable practices, human rights and ethical business conduct across the textile sector and in line with evolving regulatory requirements around the world.  
 
"The GOTS Due Diligence Handbook for Auditors is not only a milestone for GOTS, but also a transformative tool for the textile industry on its journey towards responsible production," said Ruslan Alyamkin, Responsible, Standard Development and Implementation (Social Responsibility) at Global Standard. "This Handbook provides our Certification Bodies with the knowledge and guidance they now need to ensure that the highest standards of environmental and human rights due diligence are met and verified. By aligning with international frameworks and the recent legislative developments, we are further strengthening Global Standard’s mission to promote sustainable, transparent and socially responsible practices throughout global textile supply chains.”
 
Purpose
The GOTS Due Diligence Handbook for Auditors provides a comprehensive framework to guide Certification Bodies and their auditors in assessing compliance with the GOTS 7.0 criteria. Specifically designed to be practical and ensure consistent verification of due diligence, human rights and social criteria, the Handbook outlines clear, step-by-step methodologies for auditors to conduct thorough and effective audits.
 
The Handbook is not intended to replace or override the existing audit protocols and procedures already used by Certification Bodies but instead provides additional insights and tools.
 
In addition, the new Handbook complements the GOTS Due Diligence Handbook for Certified Entities, which was released in 2023 and offers detailed guidance on integrating responsible practices throughout operations and supply chains. Together, these resources are essential elements of the Global Standard Due Diligence Framework and empower GOTS Certified Entities and Certification Bodies to play their part in maintaining the highest standards of human rights and environmental due diligence.
 
Development of the Handbook
As with other Global Standard resources, the development of the GOTS Due Diligence Handbook for Auditors was an inclusive process involving extensive consultation with a wide range of stakeholders. Global Standard's Standard Development Unit conducted in-depth interviews with GOTS auditors to gain insight into the practical challenges and best practices in verifying compliance with human rights, social and due diligence criteria in different geographical regions. In addition, Global Standard engaged business and human rights experts to address sector-specific issues and complexities. This collaborative approach ensures that the Handbook reflects the operational realities and challenges of GOTS Certified Entities around the world.
 
Regulatory Landscape
The Handbook’s release is timely given the evolving global regulatory landscape, which is increasingly demanding stronger corporate accountability in business practices. Recently, the EU Corporate Sustainability Due Diligence Directive (CSDDD) introduced mandatory due diligence requirements for companies operating within the EU. The introduction of CSDDD significantly elevates standards for corporate transparency and accountability. Other laws, including Germany’s Supply Chain Act, France’s Duty of Vigilance Law and Norway’s Transparency Act, are placing similar expectations on businesses to manage their human rights and environmental impacts responsibly.
 
GOTS 7.0 requires Certified Entities to respect universally recognised human rights criteria and follow the emerging legal obligations under the CSDDD and other due diligence laws.

More information:
GOTS handbook auditor
Source:

Global Organic Textile Standard

1000 Fill Power ExpeDRY Insulated Down Jacket Photo ALLIED Feather + Down
1000 Fill Power ExpeDRY Insulated Down Jacket
20.11.2024

2024 ISPO Award for 1000 Fill Power ExpeDRY Insulated Down Jacket

ALLIED Feather + Down (AF+D), a leader in high performance, ethically sourced, and recycled down, announced that their new 1000 Fill Power ExpeDRY down jacket is a 2024 ISPO Award winner.

Created in partnership with Japanese-based textile trading company MN Inter-Fashion, the jacket is made from an extremely rare, traceable 1000 fill power down treated with ALLIED's industry-first ExpeDRY water-resistant, chemical-free technology that more effectively speeds drying via FUZE® Technology’s proprietary gold microparticle treatment. The fabric by Pertex, one of the lightest textiles available, makes up the shell and liner.

With the exceptional lightness of the 1000-fill power down and extremely light weight 5d Pertex fabric, AF+D has succeeded in creating a parka that feels like wearing a cloud. The ExpeDRY technology, which is quickly replacing other water resistant treatments as the industry standard for extreme performance in down insulation, ensures this jacket will remain lofty in any urban or mountain setting, no matter the conditions.

ALLIED Feather + Down (AF+D), a leader in high performance, ethically sourced, and recycled down, announced that their new 1000 Fill Power ExpeDRY down jacket is a 2024 ISPO Award winner.

Created in partnership with Japanese-based textile trading company MN Inter-Fashion, the jacket is made from an extremely rare, traceable 1000 fill power down treated with ALLIED's industry-first ExpeDRY water-resistant, chemical-free technology that more effectively speeds drying via FUZE® Technology’s proprietary gold microparticle treatment. The fabric by Pertex, one of the lightest textiles available, makes up the shell and liner.

With the exceptional lightness of the 1000-fill power down and extremely light weight 5d Pertex fabric, AF+D has succeeded in creating a parka that feels like wearing a cloud. The ExpeDRY technology, which is quickly replacing other water resistant treatments as the industry standard for extreme performance in down insulation, ensures this jacket will remain lofty in any urban or mountain setting, no matter the conditions.

The award-winning 1000 Fill Power jacket joins a growing line of ALLIED apparel that is specifically designed with a look to the future, where the lines between fashion and performance outerwear continue to blur. The complete ALLIED collection is currently available for sale in Japan and Europe. 

Source:

ALLIED Feather + Down

20.11.2024

Autoneum: Majority shareholding in Chinese automotive supplier Jiangsu Huanyu Group

Autoneum signed an agreement to acquire 70 percent of the shares of Jiangsu Huanyu Group, a leading automotive supplier for acoustic and thermal management in China. Business Group Asia is thus expanding its customer base to include major Chinese vehicle manufacturers such as BYD, BAIC and GAC, and will significantly increase its annual revenue. The transaction is scheduled to close in March 2025.

With around 30 million light vehicles produced annually, China is the world’s largest automotive market and, with an expected increase to 32.4 cars in 2030, it is also one of the most important growth markets for the automotive industry. Established in 2001, Jiangsu Huanyu Group is today one of China’s leading suppliers of lightweight components for light and commercial vehicles. The company operates 14 production facilities with around 1 100 employees in the immediate vicinity of local automotive manufacturers in the north, west and southeast of China.

Autoneum signed an agreement to acquire 70 percent of the shares of Jiangsu Huanyu Group, a leading automotive supplier for acoustic and thermal management in China. Business Group Asia is thus expanding its customer base to include major Chinese vehicle manufacturers such as BYD, BAIC and GAC, and will significantly increase its annual revenue. The transaction is scheduled to close in March 2025.

With around 30 million light vehicles produced annually, China is the world’s largest automotive market and, with an expected increase to 32.4 cars in 2030, it is also one of the most important growth markets for the automotive industry. Established in 2001, Jiangsu Huanyu Group is today one of China’s leading suppliers of lightweight components for light and commercial vehicles. The company operates 14 production facilities with around 1 100 employees in the immediate vicinity of local automotive manufacturers in the north, west and southeast of China.

Jiangsu Huanyu Group’s product portfolio includes components for the vehicle interior such as carpets, inner and outer dashes, headliners, trunk and interior trim, wheelhouse outer liners as well as insulation for the engine bay and the underbody. Jiangsu Huanyu Group also supplies commer-cial vehicle manufacturers in China, supporting Autoneum’s strategic initiative to grow its truck business in China. Synergies in the areas of technology and purchasing will also contribute to the further development of Business Group Asia. In the 2023 financial year, Jiangsu Huanyu Group generated revenue of around CHF 130 million and is recording strong growth in 2024. It is planned to continue operating the company under the Chinese company name.

The acquisition of Jiangsu Huanyu Group will be done in two phases. The closing of phase 1, the takeover of a majority stake of 70 percent at a purchase price of around CHF 75 million (excluding cash and cash equivalents and debt), is expected in March 2025 after approval by the authorities. As for the acquisition of the remaining 30 percent of the share capital, phase 2, Autoneum has a call option, which can be exercised in 2028. This two-phase approach binds both the current shareholders and the employees in key positions and allows Autoneum, together with Jiangsu Huanyu Group, to continue and further develop existing business activities smoothly.

“Jiangsu Huanyu Group has broad customer access to the largest local vehicle manufacturers in China. With its plants in the key automotive hubs in China, the company is an excellent strategic addition to Autoneum and brings us a significant step closer to our medium-term target of generating 20 percent of Group revenue in Asia,” explains Eelco Spoelder, Chief Executive Officer of Autoneum. “The acquisition of the majority stake in Jiangsu Huanyu Group will strengthen our position in China, the world’s largest and fastest-growing market, both in the light and commercial vehicle business. This step not only gives us access to an established customer base in China, but also allows us to further expand our presence and gain strong influence in the booming automotive hubs of Anhui and Shaanxi.”

More information:
China automotive supplier Autoneum
Source:

Autoneum Management AG

20.11.2024

Progress update on PFAS restriction by ECHA and five European countries

The European Chemicals Agency (ECHA) and authorities from Denmark, Germany, the Netherlands, Norway and Sweden have released a progress update on the process to restrict per- and polyfluoroalkyl substances (PFAS) in Europe.

The five authorities (Dossier Submitters) and ECHA’s scientific committees for Risk Assessment (RAC) and for Socio-Economic Analysis (SEAC) continue to consider more than 5,600 scientific and technical comments received from third parties during the consultation in 2023.

This consultation input helps the Dossier Submitters to progressively update and improve the information on PFAS. It has also helped identify uses that were not specifically named in the initial proposal, and these are being incorporated into existing sector assessments or grouped into new sectors as needed. Examples include sealing applications, technical textiles, printing applications and other medical applications, such as packaging and excipients for pharmaceuticals.

The European Chemicals Agency (ECHA) and authorities from Denmark, Germany, the Netherlands, Norway and Sweden have released a progress update on the process to restrict per- and polyfluoroalkyl substances (PFAS) in Europe.

The five authorities (Dossier Submitters) and ECHA’s scientific committees for Risk Assessment (RAC) and for Socio-Economic Analysis (SEAC) continue to consider more than 5,600 scientific and technical comments received from third parties during the consultation in 2023.

This consultation input helps the Dossier Submitters to progressively update and improve the information on PFAS. It has also helped identify uses that were not specifically named in the initial proposal, and these are being incorporated into existing sector assessments or grouped into new sectors as needed. Examples include sealing applications, technical textiles, printing applications and other medical applications, such as packaging and excipients for pharmaceuticals.

Alternative restriction options, besides a full ban or a ban with time-limited derogations, are also being considered. An alternative option could, for example, involve conditions allowing the continued manufacture, placing on the market or use of PFAS instead of a ban. This consideration is particularly relevant for uses and sectors where evidence suggests that a ban could lead to disproportionate socio-economic impacts.

These alternative options are being considered for uses including, but not limited to:

  • batteries;
  • fuel cells; and
  • electrolysers.

The proportionality of each alternative option will be evaluated and compared to the initial two restriction options of a full ban or a ban with time-limited derogations.
All this updated information is feeding into ECHA committees’ ongoing evaluation of the proposal.

Source:

European Chemicals Agency

15.11.2024

Rieter Places Bond for a Total of CHF 65 Million

October, 30 Rieter has placed a bond of CHF 65 million with a term of five years and a coupon of 3.5%. The net proceeds of the issue will be used for general corporate purposes. “The bond also extends the maturity profile of our debt financing and increases the diversification of the investor base as well as our strategic flexibility,” said Oliver Streuli, Rieter Group CFO.

The bond was issued by UBS, Zürcher Kantonalbank, Commerzbank and Basler Kantonalbank. The bond will be listed on the SIX Swiss Exchange.

October, 30 Rieter has placed a bond of CHF 65 million with a term of five years and a coupon of 3.5%. The net proceeds of the issue will be used for general corporate purposes. “The bond also extends the maturity profile of our debt financing and increases the diversification of the investor base as well as our strategic flexibility,” said Oliver Streuli, Rieter Group CFO.

The bond was issued by UBS, Zürcher Kantonalbank, Commerzbank and Basler Kantonalbank. The bond will be listed on the SIX Swiss Exchange.

More information:
Rieter bond
Source:

Rieter AG

Photo Active Apparel Group
15.11.2024

Active Apparel Group Secures B Corp Certification

Active Apparel Group (AAG), manufacturer of performance apparel for the leisure/lifestyle and active market, has attained B Corp Certification, solidifying their role as one of a select few pioneers in environmental, social, and governance (ESG) practices for their industry, customers, and partners.

AAG achieved a score of 84.9 points on the rigorous B Impact Assessment (BIA), exceeding the 80-point threshold required for B Corp certification. This demonstrates Active Apparel Group's dedication to workers, customers, community, and the environment, all part of the brand’s dedication to using business as a force for good.

The strongest areas represented in this score were Governance (17.6 pts), Workers (24.9 pts) and Customers (4.1 pts), which are significantly higher vs country, sector, and size benchmarks for similar B Corp certified companies.

Active Apparel Group (AAG), manufacturer of performance apparel for the leisure/lifestyle and active market, has attained B Corp Certification, solidifying their role as one of a select few pioneers in environmental, social, and governance (ESG) practices for their industry, customers, and partners.

AAG achieved a score of 84.9 points on the rigorous B Impact Assessment (BIA), exceeding the 80-point threshold required for B Corp certification. This demonstrates Active Apparel Group's dedication to workers, customers, community, and the environment, all part of the brand’s dedication to using business as a force for good.

The strongest areas represented in this score were Governance (17.6 pts), Workers (24.9 pts) and Customers (4.1 pts), which are significantly higher vs country, sector, and size benchmarks for similar B Corp certified companies.

A highlight of Active Apparel Group's certification was the achievement of hard-to-earn Impact Business Model (IBM) points for their practices in Toxin Reduction / Remediation. This recognition highlights AAG’s deep commitment to reducing harmful chemicals in their production processes through the use of 100% OEKO-TEX certified inks and responsible chemical management practices.

AAG already pays all workers a living wage. In 2023, an audit by third-party Bureau Veritas of AAG’s factory in China, Ningbo Longson Garments Co. Ltd (Longson), confirmed a 100% pass rate. Employees received wages exceeding the calculated living wage, 29% above the local minimum wage and 140% greater than the poverty line in Ningbo. Remuneration at this level remains a rarity in the manufacturing industry in China.

AAG has also committed to a structured approach in reducing its environmental impact across its global operations through an Environmental Management System (EMS). The EMS, built using the ISO14001 Standard Framework, incorporates key environmental policy commitments and has set targets and strategies to reduce the carbon footprint of its operations across China, Australia and the USA.

B Corp certification places AAG’s environmental, social, and governance practices in the company of a select few manufacturers in the performance apparel manufacturing industry, giving all AAG customers the confidence that they are partnering with a global leader in this space

Source:

Active Apparel Group

14.11.2024

Twenty Years of Sustainability Report for RadiciGroup

Twenty years have in fact passed since the Group published its first Social Report in 2004, qualifying it as one of the pioneering companies in the realisation of voluntary non-financial reporting. The document measures the Group’s achievements and the actions it has taken to reduce its environmental impact, respect social values, and implement good business management practices.

Over the years, the Report has steadily evolved and is now a true sustainability report that considers all ESG (Environment, Social and Governance) aspects, showing how they are also central to the company's business strategy. Over time, many new topics have been covered, the accuracy of the data has improved and the scope has expanded to include all Group companies: over 30 sites across Asia, the Americas and Europe.

The information contained in the Sustainability Report shows RadiciGroup's strong commitment, starting with the investments made:

Twenty years have in fact passed since the Group published its first Social Report in 2004, qualifying it as one of the pioneering companies in the realisation of voluntary non-financial reporting. The document measures the Group’s achievements and the actions it has taken to reduce its environmental impact, respect social values, and implement good business management practices.

Over the years, the Report has steadily evolved and is now a true sustainability report that considers all ESG (Environment, Social and Governance) aspects, showing how they are also central to the company's business strategy. Over time, many new topics have been covered, the accuracy of the data has improved and the scope has expanded to include all Group companies: over 30 sites across Asia, the Americas and Europe.

The information contained in the Sustainability Report shows RadiciGroup's strong commitment, starting with the investments made:

  • between 2019 and 2023, €278 million were allocated to support the competitiveness of the Group's companies, of which €45 million in 2023 alone;
  • the amount invested in the environment in 2023 and earmarked for the introduction of Best Available Techniques and performance efficiency reached €4.2 million.

Twenty years of reporting have also allowed RadiciGroup to measure the results of the investments it has made, to such an extent that in 2023 it already achieved the first goal of its "From Earth to Earth" Roadmap to 2030, i.e., a Group-wide reduction of 83% in direct CO2 equivalent emissions compared to 2011.

A significant contribution to this result came from the commissioning of an EnviNOx plant at the Radici Chimica plant in Germany, which, thanks to this technological innovation, greatly reduced its direct greenhouse gas emissions (- 92%).

The focus on responsible use of natural resources continues: In 2023, the share of electricity from renewable sources used for production processes was consolidated at 59%. The percentage of water resources saved through the practice of water recycling was also raised to 79%: some of our plants in fact reuse the same water up to 60 times and then return it to the environment. The theme of circular economy remains a cross-cutting one in many of the innovation projects, often also in a collaborative perspective with the rest of the supply chain. In particular, all Radicigroup companies work to contain the generation of scrap and waste through rigorous process management: 73% of all non-hazardous waste was recovered in 2023 and 56% of this was destined for internal recovery.

Even in the product area, measurement is fundamental, which is why RadiciGroup has long used Life Cycle Assessment studies to objectively calculate the environmental impact of its products and introduce environmental footprint mitigation solutions. This commitment is also evidenced by the numerous environmental certifications obtained by RadiciGroup plants.

With a view to promoting collaboration with customers, suppliers, scientific partners or independent experts in order to develop innovative and sustainable technologies or materials, RadiciGroup has strongly promoted open innovation projects: opportunities to stimulate a Group culture increasingly open to change and contamination with different fields of knowledge.

Regarding its employees, the Group has placed significant emphasis on training, particularly in fostering ESG awareness. In fact, in 2023, it organised its first large-scale training program focused on sustainability and circularity, engaging around 240 employees and delivering a total of 1,500 training hours. In addition, an internal human rights survey was launched, the results of which will form the basis for the formulation of a company policy on human rights and diversity.

Source:

RadiciGroup

Piles of post-consumer textile waste sitting in warehouses. Photo Fashion for Good
Piles of post-consumer textile waste sitting in warehouses.
14.11.2024

Digital World of Waste: Fashion for Good maps global waste hotspots

The textile industry faces increased scrutiny on its substantial amounts of waste generated each year. This presents a challenge for the industry, but also a massive opportunity for circularity and transparency; with efforts underway to track, reduce, and utilise waste towards better end-of-life practices.

Waste reflects a burden on resources, inefficient processes, and unmanaged emissions, highlighting the need for action. Rising regulations are also inciting action from the industry, such as recyclers using textile waste as feedstock to displace virgin fibre production. However, information on textile waste is currently fragmented, with data scattered across a multitude of organisations and platforms. This lack of centralised knowledge and standardised data hampers the industry’s ability to address and capitalise on textile waste.

The textile industry faces increased scrutiny on its substantial amounts of waste generated each year. This presents a challenge for the industry, but also a massive opportunity for circularity and transparency; with efforts underway to track, reduce, and utilise waste towards better end-of-life practices.

Waste reflects a burden on resources, inefficient processes, and unmanaged emissions, highlighting the need for action. Rising regulations are also inciting action from the industry, such as recyclers using textile waste as feedstock to displace virgin fibre production. However, information on textile waste is currently fragmented, with data scattered across a multitude of organisations and platforms. This lack of centralised knowledge and standardised data hampers the industry’s ability to address and capitalise on textile waste.

To tackle this issue, Fashion for Good, with catalytic funding from Laudes Foundation and IDH, has partnered with Reverse Resources, Global Fashion Agenda, Circle Economy, and Accelerating Circularity – who actively address many facets of textile waste and leverage each other's diverse skill sets and wealth of information to create a tool consolidating the outcomes of individual research. This tool provides an overview of data points on waste quantities, types, compositions, and other insights, as well as links to the original studies. With information on waste attributes, data collection methodologies, organisations involved, and a lens on upcoming studies for a region, the tool empowers users of textile waste, as well as stakeholders looking to further the industry’s knowledge base.

With a lens on global hotspots of textile waste, as well as links to established resources for each region, strategies aimed at valorising waste become more attainable. For instance, recyclers can strategise their feedstock sourcing by gaining insights into waste streams and their specific characteristics. Governments can utilise this data to develop informed policies and regulations that encourage sustainable waste management practices. Fostering connections between stakeholders, both local and international, can help address operational challenges towards the advancement of circularity.

This initiative marks a significant step towards building a more transparent, collaborative, and circular fashion industry. By uniting key players from across the ecosystem, it is not only addressing the pressing issue of textile waste but also unlocking its potential as a resource. As the platform continues to grow, incorporating more data and insights from other organisations working on assessing waste in newer regions and different waste categories, the aim is to provide deeper clarity and drive meaningful change. Together, the way can be paved for a fashion industry that values sustainability, reduces waste, and contributes to a healthier planet for future generations.

Source:

Fashion for Good

14.11.2024

First Textiles Recycling Expo: ReHubs and AMI collaborate on the programme

ReHubs announced becoming a strategic partner for the Textiles Recycling Expo that is being launched by AMI in Brussels on June 4-5, 2025. This event will serve as a platform for industry leaders and stakeholders to come together to advance textile waste recycling.

The Textiles Recycling Expo will showcase innovative developments and industry leading exhibitors working towards solving the issue of textile waste. It will also boast a high-level conference featuring industry experts, innovators and stakeholders presenting valuable insights and perspectives on the textile recycling industry.

With extensive experience in organising events for the global plastics industry, AMI is now expanding its reach with the Textiles Recycling Expo. Partnering with ReHubs – a partnership-based collaboration hub for textile-to-textile recycling in Europe – this alliance combines AMI’s event management strengths with ReHubs’ extensive network and commitment to accelerating textile recycling. ReHubs will contribute to supporting the development of the conference programme, bringing valuable insights from within the industry.

ReHubs announced becoming a strategic partner for the Textiles Recycling Expo that is being launched by AMI in Brussels on June 4-5, 2025. This event will serve as a platform for industry leaders and stakeholders to come together to advance textile waste recycling.

The Textiles Recycling Expo will showcase innovative developments and industry leading exhibitors working towards solving the issue of textile waste. It will also boast a high-level conference featuring industry experts, innovators and stakeholders presenting valuable insights and perspectives on the textile recycling industry.

With extensive experience in organising events for the global plastics industry, AMI is now expanding its reach with the Textiles Recycling Expo. Partnering with ReHubs – a partnership-based collaboration hub for textile-to-textile recycling in Europe – this alliance combines AMI’s event management strengths with ReHubs’ extensive network and commitment to accelerating textile recycling. ReHubs will contribute to supporting the development of the conference programme, bringing valuable insights from within the industry.


By joining forces, AMI and ReHubs are combining their strengths to create an event that fosters meaningful connections, knowledge exchange, and industry-wide impact. This can establish the Textiles Recycling Expo as a leading event for advancing textiles recycling in Europe.

ReHub’s Chris Deloof commented on joining forces with AMI: “ReHubs is delighted to collaborate with AMI on this Expo for textiles recycling. This event provides a unique opportunity for the entire textiles recycling ecosystem to come together, exchange knowledge, and advance the adoption of recycled fibres and circular business models.”

AMI’s Zied Chetoui commented on the value of collaborative action with ReHubs: “The Textiles Recycling Expo represents a crucial step forward for the industry as we work collectively to build a circular future for textiles and we believe collaborating on this event with ReHubs will bring significant value to the industry through empowering stakeholders from across the value chain.”

Source:

ReHubs

13.11.2024

Dornbirn Global Fiber Congress 2025: Call for Papers

The Dornbirn GFC invites researchers, experts, manufacturers, and practitioners to submit papers for the 64th congress in September 2025, providing a platform for presenting innovations shaping the fiber and textile industries' future.

Submissions on the following topics are welcome:

Work- & Protective Wear & Defense

  • Smart textiles providing real-time data for first responders
    (e.g., firefighters, soldiers, police, industrial workers)
  • Flame-resistant fabrics for multi-risk environments, combining protection with flexibility and comfort
  • Sustainability in production, eco-friendly materials, and recycling innovations for workwear and protective apparel

Carbon Stewardship: Harnessing Biomass & Recycling & Capture for a Sustainable Future

  • Use of sustainable biomass in textile production
  • Innovations in post-consumer textile recycling and chemical recycling methods
  • Carbon capture technologies integrated across the value chain

Fiber Innovations: From Production to Application

The Dornbirn GFC invites researchers, experts, manufacturers, and practitioners to submit papers for the 64th congress in September 2025, providing a platform for presenting innovations shaping the fiber and textile industries' future.

Submissions on the following topics are welcome:

Work- & Protective Wear & Defense

  • Smart textiles providing real-time data for first responders
    (e.g., firefighters, soldiers, police, industrial workers)
  • Flame-resistant fabrics for multi-risk environments, combining protection with flexibility and comfort
  • Sustainability in production, eco-friendly materials, and recycling innovations for workwear and protective apparel

Carbon Stewardship: Harnessing Biomass & Recycling & Capture for a Sustainable Future

  • Use of sustainable biomass in textile production
  • Innovations in post-consumer textile recycling and chemical recycling methods
  • Carbon capture technologies integrated across the value chain

Fiber Innovations: From Production to Application

  • Biopolymer & Natural Fibers
  • Textile Processing & Application
  • Nonwoven Processing & Application

Cross-Industry Session

  • Energy Transition
  • Pulp & Paper & Packaging Innovation
More information:
Dornbirn GFC call for papers
Source:

AUSTRIAN FIBERS INSTITUTE

11.11.2024

Indorama Ventures: Improved 3Q24 earnings while global demand remains lacklustre

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3 year IVL 2.0 strategy to enhance competitiveness and drive efficiencies.

Indorama Ventures reported Adjusted EBITDA  of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s unstinting focus on optimizing assets and reducing fixed costs. The quarter marks Indorama Ventures’ first YOY improvement for the year, with all three business segments recording earnings growth, following a prolonged industry downcycle marked by customer destocking and suppressed margins. Volumes remained steady for the Combined PET and Fibers segments, while Indovinya posted a robust performance amid a peak season in the Crop Solutions market.

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3 year IVL 2.0 strategy to enhance competitiveness and drive efficiencies.

Indorama Ventures reported Adjusted EBITDA  of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s unstinting focus on optimizing assets and reducing fixed costs. The quarter marks Indorama Ventures’ first YOY improvement for the year, with all three business segments recording earnings growth, following a prolonged industry downcycle marked by customer destocking and suppressed margins. Volumes remained steady for the Combined PET and Fibers segments, while Indovinya posted a robust performance amid a peak season in the Crop Solutions market.

Fibers reported Adjusted EBITDA of $48 million, a gain of 44% YoY, driven by improved industry spreads in Lifestyle and higher volumes in Mobility and Hygiene. Management is focused on reducing fixed costs and improving profitability across the entire portfolio and taking firm action to restore market share in key verticals.

Looking ahead, the global economic outlook remains uncertain amid continued inflation, geopolitical tension, and supply chain disruptions. However, throughout the downcycle, Indorama Ventures’ experienced management team has worked hard to optimize and deleverage the business under their IVL 2.0 evolved strategy to emerge stronger and drive enhanced earnings quality in a new era of sustainable profit growth. In 3Q24, this unrelenting focus delivered fixed-cost savings of $19 million, which will sequentially increase into next year as the benefits are fully realized. Operating rates for the group increased to 82% in the quarter—from 69% previously—as the company completed its planned optimization program for CPET and Indovinya, with Fibers under implementation.

The company’s digital transformation program is accelerating according to schedule following the implementation of the SAP S/4HANA ERP platform as a digital core. North America is already benefiting from an AI-based procurement solution, while the Connected Worker Platform is driving manufacturing excellence. The first sales and supply chain solutions are expected to go-live early next year.

Source:

Indorama Ventures Public Company Limited

11.11.2024

Global Fashion Summit 2025 in Copenhagen: Barriers and Bridges

Global Fashion Agenda (GFA) has officially announced the theme for Global Fashion Summit: Copenhagen Edition 2025: ‘Barriers and Bridges’. Under the patronage of Her Majesty the Queen of Denmark, the leading forum for sustainability in fashion will take place 3-5 June 2025. The Summit will return to the Copenhagen Concert Hall, where stimulative content will spotlight how today’s challenges can be embraced as catalysts for creative and sustainable growth. Registration is now open.

The fashion industry is facing immense pressure to adapt and innovate while complying with an increasingly complex regulatory environment. By convening core stakeholders across the fashion ecosystem and parallel industries, Global Fashion Summit will highlight the dualities of this moment, exploring how challenging new barriers can be leveraged as bridges for tangible change. With legislation accelerating, the boundaries between voluntary and mandatory efforts are blurring, demanding both courage and capital.

Global Fashion Agenda (GFA) has officially announced the theme for Global Fashion Summit: Copenhagen Edition 2025: ‘Barriers and Bridges’. Under the patronage of Her Majesty the Queen of Denmark, the leading forum for sustainability in fashion will take place 3-5 June 2025. The Summit will return to the Copenhagen Concert Hall, where stimulative content will spotlight how today’s challenges can be embraced as catalysts for creative and sustainable growth. Registration is now open.

The fashion industry is facing immense pressure to adapt and innovate while complying with an increasingly complex regulatory environment. By convening core stakeholders across the fashion ecosystem and parallel industries, Global Fashion Summit will highlight the dualities of this moment, exploring how challenging new barriers can be leveraged as bridges for tangible change. With legislation accelerating, the boundaries between voluntary and mandatory efforts are blurring, demanding both courage and capital.

Through the lens of collective action, the Summit will tackle crucial topics encompassing social and environmental challenges, revealing the ways in which both barriers and bridges are defining fashion’s approach to sustainability today. The theme will underlie all elements of the Summit across its three stages. Speakers will showcase pathways to balance competing demands: climate leadership with business resilience, regulatory compliance with radical innovation, and near-term possibilities with long-term vision.

The Innovation Forum at the Summit will showcase a curated selection of solutions across the entire value chain, from pioneering materials to advanced end-of-use processes. Summit attendees can connect with exhibiting solution providers and participate in the Innovation Forum's Matchmaking Programme, which facilitates tailored, one-on-one meetings between solution providers and Summit attendees, helping them advance their sustainability strategies through targeted collaborations.

Federica Marchionni, CEO, Global Fashion Agenda, says: “Fashion is one of the world’s most dynamic and influential industries, with the power to drive change globally. Climate adaptation is now as crucial as mitigation. Transformation requires more than incremental change; it demands bold leadership, courageous investment, and the drive to reimagine business models. In this era of transformation, Global Fashion Summit is critical to enabling collaboration and guiding implementation.”

Source:

Global Fashion Agenda

Ibrahim Fibers is using the Trützschler Autoleveller Draw Frame TD 10. Photo TRÜTZSCHLER GROUP
Ibrahim Fibers is using the Trützschler Autoleveller Draw Frame TD 10
11.11.2024

Ibrahim Fibres: Lighthouse Solutions in Pakistan with Trützschler

Ibrahim Fibres operates nearly 200 Trützschler cards, which is more than any other business in Pakistan. The leading yarn and Polyester Staple Fiber (PS) manufacturer has partnered with Trützschler for over two decades - and recently wanted to start processing long polyester and viscose fibers. It's an unusual request that brings unique challenges.

Pakistan is the eighth largest exporter of textiles in Asia and has the third largest spinning capacity in the continent. Ibrahim Fibres, located in Faisalabad, is a big contributor to that economic strength. The pioneering company produces a wide range of yarns for woven, and knitted fabrics. This includes various blends of cotton, viscose and polyester in different proportions and combinations with yarn counts ranging from Ne 8 to Ne 50. Ibrahim Fibres uses its own polyester via 240,000 spindles at four factories, mainly to produce poly-viscose and poly-cotton combed yarn. In total, the company manufactures 1,200 tons of PSF per day and consumes around 100 tons of its own materials per day. The remaining material is sold to other textile manufacturers.

Ibrahim Fibres operates nearly 200 Trützschler cards, which is more than any other business in Pakistan. The leading yarn and Polyester Staple Fiber (PS) manufacturer has partnered with Trützschler for over two decades - and recently wanted to start processing long polyester and viscose fibers. It's an unusual request that brings unique challenges.

Pakistan is the eighth largest exporter of textiles in Asia and has the third largest spinning capacity in the continent. Ibrahim Fibres, located in Faisalabad, is a big contributor to that economic strength. The pioneering company produces a wide range of yarns for woven, and knitted fabrics. This includes various blends of cotton, viscose and polyester in different proportions and combinations with yarn counts ranging from Ne 8 to Ne 50. Ibrahim Fibres uses its own polyester via 240,000 spindles at four factories, mainly to produce poly-viscose and poly-cotton combed yarn. In total, the company manufactures 1,200 tons of PSF per day and consumes around 100 tons of its own materials per day. The remaining material is sold to other textile manufacturers.

An unusual challenge
Teams from Ibrahim Fibres often approach Trützschler with fresh ideas and new expectations. They recently set the challenge of producing top-quality yarns from unusually long polyester and viscose fibers. These fibers are used for luxury textiles, high-performance fabrics, fine bedding and advanced nonwoven materials. The end products benefit from the fibers outstanding strength and durability. Often, people in the textile industry talk about the problems with processing short fibers. But long fibers also present difficulties because they have a tendency to wrap or clog carding elements. Their length also makes them more tightly bound, which means they are more difficult to open.

What was the answer to this unusual challenge? Collaboration! Experts from Trützschler worked closely with partners at Ibrahim Fibres to explore potential solutions. "Our technical teams regularly collaborate with Trützschler’s R&D department to enhance production using Industry 4.0 principles, Al, and the latest technology," says Zafar Iqbal. "We’ve now developed a method for handling longer fibers that improves yarn consistency, end-product performance, and cost efficiency, while reducing waste. Our ongoing partnership with Trützschler continues to drive innovation and efficiency in our operations."

TC 30Si is here to help...
Ibrahim Fibres wanted to process 51mm polyester with 51 mm viscose fibers. In line with these requirements, Trützschler engineers optimized the TC 30Si carding machine for processing long polyester and viscose fibers. This machine is specifically customized for man-made fibers and can process these fibers more effectively due to its larger drum diameter, which results in a 14 % extended carding length. The machine also has 35 % more active flats. It has one licker-in and its cylinder, doffer wire, flat tops and stationary flats are all designed for processing man-made fibers.

"We chose TC 30Si for its advanced features, such as its 1400 mm cylinder diameter, extended carding lengths, and the automatic T-GO gap optimizer," says Zafar Iqbal. "These attributes support our Industry 4.0 goals by enhancing technology integration, data use, and operational efficiency, making it ideal for modernizing production and staying competitive in the textile industry."

And Ibrahim Fibres has even more reasons for choosing the TC 30Si: "It has user-friendly software and an intuitive Human Machine Interface (HMI), making it easy to maintain with minimal adjustments. This card boosts productivity and reduces energy consumption, while also improving consistency and reducing defects."

 

Source:

TRÜTZSCHLER GROUP

10.11.2024

SGL Carbon: Business Report 3Q

Weak demand in some of their customer markets is increasingly hindering SGL Carbon's sales growth. After nine months in 2024, SGL Carbon generated sales of €781.9 million, which was slightly below the prior-year level at minus 4.8% (9M 2023: €821.7 million). Adjusted for currency and structural effects, Group sales decreased by 3.6%. Adjusted EBITDA, an important key figure for the Group, remained at a comparable level of €127.6 million in the reporting period (9M 2023: €130.0 million). Despite the slight decrease in sales, the adjusted EBITDA margin improved from 15.4% in Q1 and 16.7% in Q2 to 16.9% in Q3 and amounted to 16.3% after nine months (9M 2023: 15.8%). The reasons for the improved adjusted EBITDA margin are, in particular, product mix effects in the Graphite Solutions and Process Technology business units. By contrast, the ongoing weakness in demand and the associated price pressure for carbon and textile fiber products in the Carbon Fibers business unit continued to weigh on the Group's sales and earnings development.

Weak demand in some of their customer markets is increasingly hindering SGL Carbon's sales growth. After nine months in 2024, SGL Carbon generated sales of €781.9 million, which was slightly below the prior-year level at minus 4.8% (9M 2023: €821.7 million). Adjusted for currency and structural effects, Group sales decreased by 3.6%. Adjusted EBITDA, an important key figure for the Group, remained at a comparable level of €127.6 million in the reporting period (9M 2023: €130.0 million). Despite the slight decrease in sales, the adjusted EBITDA margin improved from 15.4% in Q1 and 16.7% in Q2 to 16.9% in Q3 and amounted to 16.3% after nine months (9M 2023: 15.8%). The reasons for the improved adjusted EBITDA margin are, in particular, product mix effects in the Graphite Solutions and Process Technology business units. By contrast, the ongoing weakness in demand and the associated price pressure for carbon and textile fiber products in the Carbon Fibers business unit continued to weigh on the Group's sales and earnings development.

“Even with our diversified product portfolio, we can no longer completely withdraw from the generally weak economic environment. In addition, there was a decline in demand for specialty graphite products for the semiconductor industry in the third quarter. In particular, our products for the manufacture of silicon carbide-based semiconductors are suffering from the restrained demand for electric vehicles on the customer side,” explains CEO Dr. Torsten Derr. “While the last 18 months were characterized by enormous demand for silicon carbide semiconductors and insufficient production capacities, the market has cooled down significantly. Due to a lack of demand from the automotive industry, our semiconductor customers have significantly reduced order volumes. We do not expect to see a significant upturn in demand for our specialty graphite products until the sales figures for electric vehicles pick up again.”

Based on the adjusted EBITDA of €127.6 million and taking into account depreciation and amortization of €41.0 million (9M 2023: €43.3 million) and one-off effects as well as non-recurring items of minus €18.3 million (9M 2023: minus €47.2 million), EBIT after nine months of 2024 will be €68.3 million (9M 2023: €39.5 million). The one-off effects and non-recurring items result, among other things, from the restructuring measures at Carbon Fibers and the Battery Solutions business line as well as from expenses for a strategy project. When comparing with the previous year, it should be noted that the first nine months of 2023 were disproportionately affected by an impairment loss on the assets of Carbon Fibers (€44.7 million).

Development of the business units
The Carbon Fibers business unit's sales for the first nine months of 2024 amounted to €157.1 million, significantly below the figure of €179.6 million for the prior-year period. The decline is due in particular to the continued weak demand from the wind industry and to the increasing competitive pressure resulting from global overcapacities for carbon and textile fibers.

Idle production capacities and the associated lack of fixed cost absorption as well as declining margins for commodity products led to a further deterioration in the adjusted EBITDA of the Carbon Fibers. The adjusted EBITDA of the Carbon Fibers business unit fell to minus €7.9 million in the first nine months of 2024 (9M 2023: €3.2 million). It should be noted that the adjusted EBITDA of the Carbon Fibers business unit includes an earnings contribution of €11.6 million from the joint venture BSCCB, which is accounted for At-Equity (9M 2023: €14.1 million). Excluding this contribution from the At-Equity accounted BSCCB, the adjusted EBITDA of Carbon Fibers would have been minus €19.6 million (9M 2023: minus €10.5 million).

SGL Carbon assumes that demand for carbon fibers will not recover in the coming months and that the realizable prices for these products will remain at a low level beyond 2025. Therefore, SGL Carbon anticipates that the expected improvement in sales and earnings for the Carbon Fibers segment will be delayed and is revising its existing mid-term planning for this segment. Due to the expected deviation, an ad hoc impairment test is currently being carried out. This indicates a non-cash impairment charge of €60–80 million, which will be recognized in Q4 2024. The structured transaction process initiated for Carbon Fibers is still ongoing.

Sales in the Composite Solutions business unit amounted to €95.8 million in the first nine months of 2024, down 16.2% (9M 2023: €114.3 million). The decline is due in particular to the early termination of a project-related supply contract with an automotive customer. Furthermore, the lower sales figures for electric vehicles are also having an impact on Composite Solutions.

Adjusted EBITDA in Composite Solutions fell from €16.6 million in the prior-year period to €10.7 million (minus 35.5%), due in particular to lower volumes. The adjusted EBITDA margin weakened accordingly to 11.2% (9M 2023: 14.5%).

Outlook
Macroeconomic conditions, lower than expected sales volumes in some customer groups and price pressure for commodity products are increasingly hindering SGL Carbon's growth ambitions. Thomas Dippold, CFO of SGL Carbon, explains: “Due to the diverse and diversified industrial applications of our products and our strict cost management, we continue to expect to achieve our guidance for 2024 at the lower end of the range of €160–170 million. The coming months will not be easier. We need to prepare for a flat demand development in some of our sales markets.”

More information:
SGL Carbon business report
Source:

SGL Carbon SE

Texcare in figures Graphic Messe Frankfurt
10.11.2024

Texcare International 2024: About 15,500 visitors from 122 countries

Texcare International celebrated its comeback from 6 to 9 November with an exceptionally high level of international participation and top marks from the participants. 305 companies from 32 countries presented their innovations in automation and energy efficiency.

Over four days, the leading international trade fair for textile care presented innovations for laundries, dry cleaners and textile service companies with great success: 98 per cent of trade visitors were satisfied to extremely satisfied with how they achieved their goals for the trade fair; 52 per cent expect an improved industry economy. After eight years without Texcare due to the pandemic, the desire among exhibitors to exchange ideas and present innovations was palpable.

Texcare International celebrated its comeback from 6 to 9 November with an exceptionally high level of international participation and top marks from the participants. 305 companies from 32 countries presented their innovations in automation and energy efficiency.

Over four days, the leading international trade fair for textile care presented innovations for laundries, dry cleaners and textile service companies with great success: 98 per cent of trade visitors were satisfied to extremely satisfied with how they achieved their goals for the trade fair; 52 per cent expect an improved industry economy. After eight years without Texcare due to the pandemic, the desire among exhibitors to exchange ideas and present innovations was palpable.

Industry celebrates its future potential
The industry is meeting the challenges of labour shortage and rising energy prices with a significant surge in innovation. The solutions are available, as demonstrated by the exhibitors with their machines, technologies and expertise. The leap towards robotisation was clearly visible at the stands. The circular economy was also in focus: many innovations showed how machine builders and textile manufacturers are working together to advance sustainability. Texcare provided the right impulse for companies in the textile care industry at the right time, enabling them to secure their successful market position by investing.

The partner industry associations of Texcare also draw a positive conclusion. Elgar Straub, CEO of VDMA Textile Care, Fabric and Leather Technologies, emphasises: “Expectations for Texcare International were very high after eight years without a trade fair, but they were even exceeded. I have rarely experienced such a good atmosphere at trade fairs in recent years. Furthermore, Texcare International was extremely well prepared by Messe Frankfurt, but the exhibitors also presented themselves to their global customers with exceptionally beautiful and informative stands. As expected, the topics that are driving the industry were hygiene, automation, digitalisation, logistics and AI. But my highlight of this fair was the truly excellent mood among visitors and exhibitors and the positive outlook for the future of textile care. Texcare International this year was simply a pleasure.”

Andreas Schumacher, General Manager of the German Textile Care Association, summarises: “There was a sense of a fresh start. You could feel that after eight long years, the exhibitors were eager to show their products and developments, and the visitors were excited about innovations. In particular, the topics of automation and digital solutions, as well as robotics, were the subject of much discussion, as many companies are facing a shortage of skilled workers. After the pandemic and the energy crisis, the discussions were once again characterised by a willingness to invest and a sense of optimism. Energy costs and corresponding opportunities for saving energy and other resources were also a key topic. Last but not least, companies in the industry are working to further improve their circular business models and to adapt to the upcoming regulations for the recycling of textiles.”

More information:
texcare Textile Care economy
Source:

Messe Frankfurt