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27.07.2022

Autoneum: Half Year Results 2022

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Current geopolitical developments substantially affected business performance in the first half of 2022. They are accompanied by accelerating inflation and significant price increases in the commodities markets, which the war in Ukraine has further exacerbated. These developments are also delaying market recovery in the automotive industry. Autoneum does everything it can to minimize the impact on the Group. Despite the present challenges, we will continue to implement our strategy, focusing on innovative and sustainable technologies for growing markets of the future.

  • Revenue development influenced by the war in Ukraine and supply chain bottlenecks*
  • Low production volumes and high inflation impact profitability*
  • Solid free cash flow enables further reduction in net debt*
  • Business Groups*
  • Well positioned for e-mobility and sustainability*
  • Expanding the product portfolio for electric vehicles*
  • Autoneum joins the Science Based Targets initiative*

Outlook
According to global market forecasts1, automobile production will pick up again in the second half of the year with growth of 8.8% compared with the first half-year 2022. For full-year 2022, global automobile production is projected to reach 80.8 million vehicles, which is equivalent to a 4.7% increase on 2021. Based on the market forecasts, Autoneum expects to improve the operating result for the second half of the year. This will be supported by ongoing customer negotiations with a view to fair sharing of costs, the accompanying contribution of vehicle manufacturers to shouldering the sharp increases in material, energy and transport costs and the foreseeable normalization of production after the easing of lockdown measures in China. On this basis, Autoneum expects substantially enhanced results for full-year 2022, as well as an improvement in the EBIT margin to 2.0% to 3.0%. Free cash flow is expected to be in the mid to high double-digit million range for the full year 2022.

*For more information see attached document

1Source: IHS “Light Vehicle Production Forecasts” – July 15, 2022

More information:
Autoneum supply chain acoustic
Source:

Autoneum Management AG

Geno and Aquafil
21.07.2022

Geno and Aquafil: Pre-commercial production for plant-based nylon-6

Genomatica (Geno) alongside longtime collaborator Aquafil [ECNL:IM] successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22B nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets. Geno and Aquafil have produced the first several tons of plant-based nylon-6 building block caprolactam, have converted it to nylon-6 polymer, and are now in the process of transforming it for evaluation in nylon applications such as yarns for textile and carpet and engineering plastics as part of pre-commercial quantities from demonstration production taking place in Europe.

The companies have been collaborating to first produce pilot-scale quantities of plant-based nylon-6 and have now advanced to produce pre-commercial quantities at demonstration scale which will help determine the final design of future commercial plants. The material will go to leading global brands and their value chain partners who are eager to explore and develop renewable products, create showcase goods and test feedback with customers.

Genomatica (Geno) alongside longtime collaborator Aquafil [ECNL:IM] successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22B nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets. Geno and Aquafil have produced the first several tons of plant-based nylon-6 building block caprolactam, have converted it to nylon-6 polymer, and are now in the process of transforming it for evaluation in nylon applications such as yarns for textile and carpet and engineering plastics as part of pre-commercial quantities from demonstration production taking place in Europe.

The companies have been collaborating to first produce pilot-scale quantities of plant-based nylon-6 and have now advanced to produce pre-commercial quantities at demonstration scale which will help determine the final design of future commercial plants. The material will go to leading global brands and their value chain partners who are eager to explore and develop renewable products, create showcase goods and test feedback with customers.

Plant-based nylon-6 is Geno’s third major product line on a path to commercialization. The company has executed high impact deals with a range of brands to accelerate the global commercialization of sustainable materials, with the potential to reduce greenhouse gas emissions by 100 million tons in upcoming years. Recent milestones advancing the sustainable materials transition include: a collaboration with lululemon (NASDAQ: LULU) to bring plant-based materials into lululemon’s products, a production milestone with partner Covestro (OTCMKTS: COVTY) for plant-based HMD used in sustainable coatings, and a partnership with Asahi Kasei (OTCMKTS: AHKSY) and a newly formed venture with Unilever (NASDAQ: UL) to commercialize and scale plant-based alternatives to feedstocks like palm oil or fossil fuels, to make key ingredients used in everyday cleaning and personal care products.

Source:

method communications

(c) AkzoNobel
13.07.2022

AkzoNobel launches tool to drive bodyshop sustainability

Bodyshops can now take advantage of the vehicle refinish industry’s first repair calculator to measure, manage and reduce carbon emissions, which has been developed by AkzoNobel.

Designed to help customers improve their carbon footprint when using the company’s premium refinish products, the CO2eRepairCalculator* is part of a new initiative which aims to encourage bodyshops to become more sustainable.

The tool is the latest digital innovation from AkzoNobel focused on making a long-lasting difference to customers. It identifies the carbon levels associated with the painting and drying process – including the energy consumed – and is linked directly to the vehicle refinishing products being used. It also provides data relating to the emission of volatile organic compounds (VOCs), therefore helping customers to understand where improvements can be made.

When using the tool, the emissions and energy consumed are calculated based on a controlled two-panel repair in a spray booth to Greenhouse Gas Protocol accounting standards. The results are presented in an online dashboard, which allows local energy prices to be factored in.

Bodyshops can now take advantage of the vehicle refinish industry’s first repair calculator to measure, manage and reduce carbon emissions, which has been developed by AkzoNobel.

Designed to help customers improve their carbon footprint when using the company’s premium refinish products, the CO2eRepairCalculator* is part of a new initiative which aims to encourage bodyshops to become more sustainable.

The tool is the latest digital innovation from AkzoNobel focused on making a long-lasting difference to customers. It identifies the carbon levels associated with the painting and drying process – including the energy consumed – and is linked directly to the vehicle refinishing products being used. It also provides data relating to the emission of volatile organic compounds (VOCs), therefore helping customers to understand where improvements can be made.

When using the tool, the emissions and energy consumed are calculated based on a controlled two-panel repair in a spray booth to Greenhouse Gas Protocol accounting standards. The results are presented in an online dashboard, which allows local energy prices to be factored in.

The launch means it will now be easier for bodyshops to take positive action in an effort to meet their sustainability and carbon reduction targets. This is becoming increasingly important, as insurance companies are putting greater pressure on preferred bodyshop partners to cut their emissions in line with supply chain ambitions that meet the UN Sustainable Development Goals.

The CO2eRepairCalculator is currently being introduced in the UK market to Sikkens customers (with Lesonal to follow shortly). It will be rolled out across markets in Europe during the next few months.

*CO2e stands for carbon dioxide and equivalent gases. The tool measures carbon dioxide (CO2) and equivalent gases such as methane (CH4) and nitrous oxide (N2O), which all fall under the term greenhouse gases (GHGs).

More information:
AkzoNobel Coatings Automotive
Source:

AkzoNobel

David Herberg Photo: Adient
David Herberg, Vice President Engineering EMEA at automotive supplier Adient
12.07.2022

David Herberg is a Rising Star 2022

David Herberg, Vice President Engi-neering EMEA at automotive supplier Adient, has been named Rising Star 2022 in the Engineering category by Automotive News Europe magazine.

Every year since 2010, Automotive News Europe has recognized talents in the European automotive industry for their outstanding careers and special achievements in the service of their company and the industry as a whole. To be eligible, candidates must have a minimum of ten years’ experience in the industry, speak at least two languages and be aged 45 years or younger at the time of the nomination.

"The 19 people we are honoring this year are special," said Luca Ciferri, Associate Publisher & Editor of Automotive News Europe. "They’ve made it to the top from a pool of more than 130 candidates, making this year's selection process the most competitive in the history of the award."

David Herberg, Vice President Engi-neering EMEA at automotive supplier Adient, has been named Rising Star 2022 in the Engineering category by Automotive News Europe magazine.

Every year since 2010, Automotive News Europe has recognized talents in the European automotive industry for their outstanding careers and special achievements in the service of their company and the industry as a whole. To be eligible, candidates must have a minimum of ten years’ experience in the industry, speak at least two languages and be aged 45 years or younger at the time of the nomination.

"The 19 people we are honoring this year are special," said Luca Ciferri, Associate Publisher & Editor of Automotive News Europe. "They’ve made it to the top from a pool of more than 130 candidates, making this year's selection process the most competitive in the history of the award."

Herberg, graduate industrial engineer and aged 45, looks back at a career spanning more than ten years at Adient, a leading supplier of seating systems for the automotive industry. After several years at the management consultancy McKinsey and various management positions at Adient as well as its predecessor Johnson Controls, Herberg has been responsible for around 1,200 employees in the development of seat structures, trim and complete seating systems since May 2020.

Source:

Adient

07.07.2022

Deloitte: Lectra is one of the Best Managed Companies in France

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces that it has been named one of the 11 French companies selected for the 2022 edition of Deloitte France’s Best Managed Companies program.
 
Established 30 years ago by Deloitte Canada and launched in France at the end of 2021, this program recognizes excellence in companies that stand out for the quality of their management and their performance, through a rigorous and independent selection process. Companies are assessed on their long-term strategy, talent management, innovation capacity and CSR policy, as well as their governance and financial management. On one hand, these criteria assess the company's distinguishing features and, on the other hand, its capacity to address current and future challenges.
 

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces that it has been named one of the 11 French companies selected for the 2022 edition of Deloitte France’s Best Managed Companies program.
 
Established 30 years ago by Deloitte Canada and launched in France at the end of 2021, this program recognizes excellence in companies that stand out for the quality of their management and their performance, through a rigorous and independent selection process. Companies are assessed on their long-term strategy, talent management, innovation capacity and CSR policy, as well as their governance and financial management. On one hand, these criteria assess the company's distinguishing features and, on the other hand, its capacity to address current and future challenges.
 
Lectra is one of 11 French companies recognized as the Best Managed Companies for 2022. “For this first edition, I am delighted to announce that Lectra is one of the companies to have obtained our Best Managed Companies mark of excellence,” says Eric Forest, Deloitte Private Associate and Head of the Best Managed Companies program. “Throughout the selection process, Lectra shone through with its extensive strategic vision, solid financial and innovative culture, and its ability to decrypt trends in order to adapt its solutions to changes and the needs of its different markets. This enables Lectra to be a strategic partner to guide its customers in their digital transformation.” Thanks to its capacity to develop innovations, be that with equipment, software or services, and its mastery of technologies such as IoT, the cloud, artificial intelligence and big data, Lectra plays a key role in helping fashion, automotive and furniture industry players evolve towards Industry 4.0.
 
“Obtaining the Best Managed Companies mark of excellence is great recognition for all of our teams at Lectra. I would like to thank all Lectra employees for this collective achievement,” says Daniel Harari, Lectra’s Chairman and CEO. “The work we have carried out together has enabled Lectra to become a global technological leader. This recognition inspires us to continue with our commitment to the Industry 4.0 revolution and to the success of our customers.”

Source:

LECTRA

Trützschler Group SE expands Board of Directors (c) Trützschler Group SE
Dr. Ulrich Schwenken, CEO
06.07.2022

Trützschler Group SE expands Board of Directors

The Trützschler Group SE has appointed Dr. Ulrich Schwenken and Heinrich Krull to its Board of Directors with effect from July 1, 2022. Dr. Schwenken will serve as Chief Executive Officer (CEO). Heinrich Krull will serve as Chief Operations Officer (COO).

Dr. Schwenken will assume responsibility for Development, Digitalization, IT and Corporate Communications. As a doctoral graduate specialized in engineering, he has many years of experience in automotive and mechanical applications. Since 2008, he has held various management positions in the areas of Service, Sales and Development at companies including Porsche AG and Volkswagen AG, where his responsibility covered a range of key topics such as digital transformation. Most recently, Dr. Schwenken served as CSO, CTO and CDO at Leistritz AG, and was responsible for the strategic focus on innovative growth areas.

The Trützschler Group SE has appointed Dr. Ulrich Schwenken and Heinrich Krull to its Board of Directors with effect from July 1, 2022. Dr. Schwenken will serve as Chief Executive Officer (CEO). Heinrich Krull will serve as Chief Operations Officer (COO).

Dr. Schwenken will assume responsibility for Development, Digitalization, IT and Corporate Communications. As a doctoral graduate specialized in engineering, he has many years of experience in automotive and mechanical applications. Since 2008, he has held various management positions in the areas of Service, Sales and Development at companies including Porsche AG and Volkswagen AG, where his responsibility covered a range of key topics such as digital transformation. Most recently, Dr. Schwenken served as CSO, CTO and CDO at Leistritz AG, and was responsible for the strategic focus on innovative growth areas.

Mr. Krull joined Trützschler Group SE in September 2020. As a graduate engineer for production engineering and management with international experience in mechanical and production site engineering, he has comprehensive expertise related to operations. He also has extensive experience of production technologies, including in-depth knowledge of Lean Management methods and expertise in post-merger integration. As COO, he will be responsible for the areas of Production, Purchasing and Logistics, Quality Assurance as well as Supply Chain.

Until his scheduled retirement at the end of 2022, Dr. Dirk Burger will act as Co-CEO to Dr. Schwenken.

The responsibilities of the Board of Directors of Trützschler Group SE as of July 1, 2022 are as follows: Dr. Ulrich Schwenken (CEO) is responsible for Development, Digitalization, IT and Corporate Communications; Dr. Dirk Burger will take over the role of Co-CEO to Dr. Schwenken until the end of 2022; Dr. Ralf Napiwotzki (CFO) is responsible for Finance and Controlling, Human Resources, Legal and Compliance; Alexander Stampfer (CSO) is responsible for Sales, Marketing and Service; Heinrich Krull (COO) is responsible for Production, Purchasing and Logistics, Quality Assurance as well as Supply Chain.

More information:
Trützschler Board of Directors
Source:

Trützschler Group SE

06.07.2022

DOMO Chemicals und Hynamics: Production of polyamides from low-carbon hydrogen

DOMO Chemicals, a producer of engineered polyamide materials, and Hynamics, a 100% subsidiary of EDF Group specializing in the production of low-carbon hydrogen, have entered into a partnership project with the objective of achieving zero-carbon for 100% of the hydrogen used at the Belle-Étoile industrial site, in Saint-Fons (south of Lyon, France), in the heart of the French Vallée de la Chimie (“Chemistry Valley”).

For the first time in France, the “HyDom” project will enable the installation of an 85-megawatt (MW) hydrogen production plant using the water electrolysis process at the Belle-Étoile site, with a production capacity of 11,000 metric tons of low-carbon hydrogen per year. The plant will be powered by the French low-carbon electric power mix. By 2027, it will supply 100% of the annual production of hexamethylene diamine, a key component used in the production of plastics.

DOMO Chemicals, a producer of engineered polyamide materials, and Hynamics, a 100% subsidiary of EDF Group specializing in the production of low-carbon hydrogen, have entered into a partnership project with the objective of achieving zero-carbon for 100% of the hydrogen used at the Belle-Étoile industrial site, in Saint-Fons (south of Lyon, France), in the heart of the French Vallée de la Chimie (“Chemistry Valley”).

For the first time in France, the “HyDom” project will enable the installation of an 85-megawatt (MW) hydrogen production plant using the water electrolysis process at the Belle-Étoile site, with a production capacity of 11,000 metric tons of low-carbon hydrogen per year. The plant will be powered by the French low-carbon electric power mix. By 2027, it will supply 100% of the annual production of hexamethylene diamine, a key component used in the production of plastics.

The project will eventually prevent the emission of 84 kilotons of carbon dioxide (CO2) each year. Hexamethylene diamine, and ultimately, durable and low-carbon polyamides, will be used in various applications in major industry sectors, such as automotive, electronics, and heating & cooling.
This project is a major step towards the decarbonization of industrial sites that use grey hydrogen (produced from fossil fuels). The location in the Vallée de la Chimie within the vicinity of major transport routes opens up opportunities for the creation of a more complete hydrogen ecosystem.

The first phase of the project will consist of building up and ascertaining technical concepts and integrating the low-carbon hydrogen production plant within the larger production process of hexamethylene diamine.

Considering the high-power scale of the future electrolytic hydrogen production facility, the HyDom project is being developed in close collaboration with RTE (an organization in charge of managing the French power grid), to solve connection issues. As a priority project for the industry's zero-carbon strategy and for the “France 2030” investment plan, HyDom is supported by the French government and has been presented to the European Commission for public funding.

Source:

DOMO Chemicals / Marketing Solutions NV

Archroma
04.07.2022

Perapret® AIR, new air purification textile technology

Archroma launched Perapret® AIR liq, a new light-activated air purification technology for all kinds of fabrics. The new innovation was presented at the Techtextil last month.

The mineral-based Perapret® AIR liq eliminates air pollutants and airborne smells by imitating the natural process of photocatalysis under normal day and artificial light sources.

The chemistry usually used in such applications is nano-sized TiO2 (dioxide titanium), which attack every organic matter, including the textile fiber, and not only pollutants.

Perapret® AIR liq is produced using a patented Core Shell technology that partially surrounds the TiO2 molecules, solving the issue of fiber damage, and at the same time still allowing the photocatalytic process to work efficiently.

Therefore, the innovative Core Shell technology behind Perapret® AIR liq makes it possible to use the capabilities of nano-sized TiO2 also on organic based substances such as cotton, polyester, polyamide, viscose and any additional fiber and its blends.

In addition, the treatment is highly durable, as the product doesn’t self-consume and retains its performance over time.

Archroma launched Perapret® AIR liq, a new light-activated air purification technology for all kinds of fabrics. The new innovation was presented at the Techtextil last month.

The mineral-based Perapret® AIR liq eliminates air pollutants and airborne smells by imitating the natural process of photocatalysis under normal day and artificial light sources.

The chemistry usually used in such applications is nano-sized TiO2 (dioxide titanium), which attack every organic matter, including the textile fiber, and not only pollutants.

Perapret® AIR liq is produced using a patented Core Shell technology that partially surrounds the TiO2 molecules, solving the issue of fiber damage, and at the same time still allowing the photocatalytic process to work efficiently.

Therefore, the innovative Core Shell technology behind Perapret® AIR liq makes it possible to use the capabilities of nano-sized TiO2 also on organic based substances such as cotton, polyester, polyamide, viscose and any additional fiber and its blends.

In addition, the treatment is highly durable, as the product doesn’t self-consume and retains its performance over time.

Perapret® AIR liq is ideally suited for indoor applications, such as curtains, textile wall coverings, as well as cars and other automotive interiors, allowing to reduce air pollutants and airborne smells and thus improving overall air quality*.

The technology is at the core of CLEAN AIR, a new system that combines Perapret® AIR liq with other recent innovations such as Smartrepel® Hydro TS liq for PFC-free** durable water repellence, and Sanitized® T27-22 liq antimicrobial agent.

More information:
air purification Archroma
Source:

Archroma

(c) Borealis
28.06.2022

Borealis introduces portfolio of circular base chemicals

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

  • The Borvida™ portfolio introduces sustainable base chemicals to Borealis’ range of product offering
  • The range will initially be based on non-food waste biomass, and chemically-recycled waste; in the future it will also draw from atmospheric carbon capture
  • The traceability of the content will be based on Mass Balance, which is ISCC PLUS certified
  • This is the next step in an ambitious sustainability journey, which will see Borealis move away from traditional fossil-based feed

Borealis is strengthening its EverMinds™ circular product offering with Borvida™, a range of sustainable base chemicals.

The Borvida portfolio will offer base chemicals or cracker products (such as ethylene, propylene, butene and phenol) with ISCC Plus-certified sustainable content from Borealis sites in Finland, Sweden and Belgium. The move is part of Borealis’ broader commitment to a Future-Positive Revolution, in which the unrivalled benefits of base chemicals and polymers can be enjoyed at minimal impact to the planet.   

The portfolio will initially comprise Borvida B, from non-food waste biomass, and Borvida C, from chemically-recycled waste. In the future, the range will evolve to include Borvida A, sourced from atmospheric carbon capture. Borvida is complementary and is the building block to Bornewables™, a portfolio of polyolefins based on renewably-sourced second generation feedstocks, and Borcycle™, which offers circular polyolefins produced from mechanically- and chemically-recycled plastic waste.

Borealis produces a wide range of base chemicals for use in numerous industries based on various feedstock, such as naphtha, butane, propane and ethane. Through its olefin units (steam cracker and propane dehydrogenation), it converts these into the building blocks of the chemical industry: ethylene, propylene and C4 hydrocarbons (butylenes, ethyl tertiary-butyl ether (ETBE) and butadiene), and C5-6 hydrocarbons (pygas, phenol) among others.

The basis of the Borvida portfolio is Mass Balance, a Chain of Custody model that enables sustainable content to be tracked, traced, and verified through the entire value chain, offering sustainability-assured products from feedstock to end product. Using this model, circular alternatives can be offered in a cost-effective and environmentally-conscious way, which can be scaled up quickly without compromising on quality or efficiency.

Borvida can be used for a wide range of different polymer and chemical applications, also beyond polyolefins (PO). Non-PO polymers, such as polycarbonates, acrylonitrile butadiene styrene (ABS), super absorbant polymer (SAP) and other chemicals, are utilised for various end applications including coatings, plasticizers, adhesives, automotive, electronics, lubricants, detergents, appliances and sports equipment.

Together with key strategic partners, including Neste and Covestro, Borealis strives to provide a long-term solution in order to allow value-chain partners to meet their sustainability goals. Borvida will enable our customers to increase the sustainability of their products, keeping them ahead of forthcoming legislative changes, and meeting their customers’ demands for climate-conscious products.

Introduced on a smaller scale in early 2020, early renewable base chemicals customers include Covestro. “The use of alternative sustainable raw materials is one important pillar of our strategic ambition to become fully circular”, comments Frank Dörner, Managing Director Covestro Procurement Services GmbH & Co. KG. “The new product line is a good example for joint solutions, another strategic pillar, in order to establish new and reliable supply chains creating benefits for our customers.”

Source:

Borealis

(c) Autoneum Management AG
27.06.2022

Autoneum: Sound-insulating technologies for electric drives

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

With the fibrous technology Hybrid-Acoustics PET and the two foam alternatives Hybrid-Acoustics FLEX and Fit FLEX, the Company offers three standardized technologies that reduce noise directly at the source, thereby improving driver comfort. All three technologies are produced waste-free and their adaptive capacity to different sizes and shapes allows for a broad spectrum of uses in electric vehicles: from e-motor encapsulations to the reduction of noise and vibration of inverters, gearbox, pumps and compressors. By offering both fibrous and foam-based variants, Autoneum is able to flexibly cater to individual customer needs and preferences with regard to material, acoustic concept, sustainability and costs.

In terms of sustainable noise protection in the engine bay, Autoneum’s patented innovation Hybrid-
Acoustics PET sets the tone: it is made of 100 percent PET with up to 50 percent recycled fibers; cut-offs in production are reclaimed, processed and reused and the material can be fully recycled at the end of product life. The unique textile technology, which is part of the Company’s sustainability label Autoneum Pure, is particularly suited to attenuating high-frequency sounds of the electric drive unit and offers the optimum balance of absorption and insulation. Moreover, components made of Hybrid-Acoustics PET are up to 40 percent lighter compared to standard insulators.

To accommodate the differing preferences of vehicle manufacturers, Autoneum has complemented its lightweight textile technology with two foam-based alternatives. Since the foam is injected in both technologies, no waste is generated during production either. Hybrid-Acoustics FLEX is based on the same acoustic concept as Hybrid-Acoustics PET, but the decoupler is made of foam instead of felt. Autoneum’s Fit FLEX, on the other hand, combines the foam decoupler with an injection molded heavy layer. Thanks to the high geometrical adaptability of foam to even complex shapes, both technologies offer outstanding acoustic performance in the insulation of e-motors and other noise sources in electric vehicles. Furthermore, the absorbing or insulating acoustic quality of the foam can be flexibly tuned to specific customer needs.

Source:

Autoneum Management AG

23.06.2022

Lectra announces the launch of its Automotive Cutting Room 4.0 offer

The automotive industry currently faces a complex set of market dynamics: rising material and transport costs, reduced budgets, changing consumer expectations, increasing challenges related to CSR, etc. In this context, improving efficiency across the whole value chain has become a strategic priority for vehicle and equipment manufacturers. Lectra supports its customers by designing and developing cutting-edge solutions that combine software, equipment, data and services to make its offer the gateway to Industry 4.0.
 
With Industry 4.0, a new range of possibilities is opening up to businesses. The concept and its technologies bring in new value creation and cost control models based on synchronized, flexible and fast processes.
 

The automotive industry currently faces a complex set of market dynamics: rising material and transport costs, reduced budgets, changing consumer expectations, increasing challenges related to CSR, etc. In this context, improving efficiency across the whole value chain has become a strategic priority for vehicle and equipment manufacturers. Lectra supports its customers by designing and developing cutting-edge solutions that combine software, equipment, data and services to make its offer the gateway to Industry 4.0.
 
With Industry 4.0, a new range of possibilities is opening up to businesses. The concept and its technologies bring in new value creation and cost control models based on synchronized, flexible and fast processes.
 
The Automotive Cutting Room 4.0 offer is a set of solutions connected to one other: Vector, the fabric cutting equipment offering the best performance in the market; Empower, a new generation of digital services to leverage Vector's capabilities; Valia, the heart of the new offer, a software for preparing and scheduling production; and Algopex, an application for exploiting and capitalizing on all the data generated by the cutting room, so you can make the best decisions as quickly as possible.
 
Connecting up all the elements of the Automotive Cutting Room 4.0 offer delivers this unprecedented value and enables an unparalleled level of performance to be achieved. Nicolas Favreau, Lectra’s Automotive Marketing Strategy Director, explains: “When the whole cutting room process is digitalized, the data generated are centralized and accessible in real time, helping our customers to make the best decisions at every step of the production process. The benefits are huge. For example, the key performance indicators from the offer’s first users show productivity gains of around 5% and a reduction in material consumption of nearly 2%. That’s unheard of! These results, combined with the agility that the Automotive Cutting Room 4.0 brings and the complete process control, demonstrate the offer’s maximum relevance.”

Source:

Lectra 

Graphic: RadiciGroup
20.06.2022

RadiciGroup at Techtextil with innovative textile solutions

  • Target markets: automotive, furnishings, sports and technical apparel
  • New product entry: radipeople® line of personal protective equipment

RadiciGroup is at Techtextil 2022, the leading European trade fair for technical textiles, taking place in Frankfurt am Main, Germany, from 21 to 24 June. On display in the RadiciGroup exhibition area are the Group’s latest products for the automotive, furnishings and apparel markets: from nylon and polyester yarn, including biosource and recycled lines, to nonwovens and the new radipeople® line of personal protective equipment (PPE).

Indeed, at Techtextil, RadiciGroup is showcasing RENYCLE®, a yarn obtained from recycled nylon; REPETABLE®, a polyester yarn from post-consumer recycled plastic bottles; RESPUNSIBLE®, a nonwoven fabric from recycled polypropylene; and BIOFEEL®, a brand identifying a yarn line obtained from renewable sources of both nylon and polyester.

  • Target markets: automotive, furnishings, sports and technical apparel
  • New product entry: radipeople® line of personal protective equipment

RadiciGroup is at Techtextil 2022, the leading European trade fair for technical textiles, taking place in Frankfurt am Main, Germany, from 21 to 24 June. On display in the RadiciGroup exhibition area are the Group’s latest products for the automotive, furnishings and apparel markets: from nylon and polyester yarn, including biosource and recycled lines, to nonwovens and the new radipeople® line of personal protective equipment (PPE).

Indeed, at Techtextil, RadiciGroup is showcasing RENYCLE®, a yarn obtained from recycled nylon; REPETABLE®, a polyester yarn from post-consumer recycled plastic bottles; RESPUNSIBLE®, a nonwoven fabric from recycled polypropylene; and BIOFEEL®, a brand identifying a yarn line obtained from renewable sources of both nylon and polyester.

Moreover, RadiciGroup is participating in a forum organized by the Technical Textiles Section of Sistema Moda Italia in collaboration with the Italian Space Agency (ICE) (Hall 12.1 – Stand C58), with the goal of introducing product innovations not only coming from a single manufacturer, but also from an innovative synergistic approach all along the supply chain, from raw materials to finished products. An example of this synergistic collaboration is the “Mars Spacesuit”, recently tested in the USA by analogue astronauts as part of a space medicine project designed to measure the vital signs of future astronauts and develop technologies to support the simulation of life in space and planetary environments. RadiciGroup teamed up with major Italian textile companies and supplied the materials to make the suits for the six analogue astronauts participating in the mission and coordinated the development of the technologies needed to create the technicalwear for use in extreme environmental conditions.

 

Source:

RadiciGroup

20.06.2022

Lectra joins Euronext Tech Leaders

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces its selection for the new Euronext Tech Leaders stock market index. This brings Lectra into the community of European technology leaders identified by Euronext as innovative and high-growth companies.

The new Euronext Tech Leaders market index, launched on June 7, comprises 100 European technology companies listed on the Euronext markets, which meet various performance and growth criteria. With the launch of this initiative, Euronext aims to offer better visibility and new services to selected European technology leaders.

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces its selection for the new Euronext Tech Leaders stock market index. This brings Lectra into the community of European technology leaders identified by Euronext as innovative and high-growth companies.

The new Euronext Tech Leaders market index, launched on June 7, comprises 100 European technology companies listed on the Euronext markets, which meet various performance and growth criteria. With the launch of this initiative, Euronext aims to offer better visibility and new services to selected European technology leaders.

Lectra is one of the 41 French companies that are now members of Euronext Tech Leaders. The company, founded in 1973 on a close relationship with fashion industry players, has also for the last three decades worked globally with automotive equipment and furniture manufacturers. In its three strategic markets, Lectra sells connected equipment that optimizes the cutting processes of fabric, leather and other soft materials used by manufacturers, and markets software and services that streamline their production processes while enabling them to be more agile and make considerable material savings.

In fashion, through the use of market data – made accessible and exploitable by the Internet of Things, the cloud, artificial intelligence and big data – Lectra’s software solutions also enable a better understanding of consumers’ behavior. They therefore facilitate strategic decision-making for brands, manufacturers and distributors at the key steps in the value chain of design, production and distribution. In this industry, the impact of Lectra’s solutions on reducing material consumption is even greater because it takes effect as early as the garment design stage.

Technology and innovation are therefore at the heart of Lectra’s strategy, with the company aiming to become a key player in Industry 4.0 in its strategic markets by 2030.

Source:

Lectra

(c) Trützschler Nonwovens
20.06.2022

Trützschler Nonwovens presents solutions for needle-punched nonwovens

Trützschler Nonwovens & Man-Made Fibers GmbH started a cooperation with the Italian textile machinery manufacturer Texnology S.r.l. in the field of needle-punching technology. With immediate effect, the companies will offer complete production lines for needle-punched nonwovens under the name of T-SUPREMA.

Web bonding with steel needles represent the largest production process in the drylaid nonwovens segment. The areas of application are predominantly of a technical nature, with the largest applications being durable geotextiles, automotive textiles and filter media. The high adaptability of the needling and finishing processes as well as the broad material base result in a large number of different end products. Needle-punching is suitable for a wide range of man-made and natural fibers including mineral and high-performance fibers.  

Trützschler Nonwovens contributes its many years of experience in fiber preparation and web forming to the cooperation. Texnology is mainly responsible for the needle-punching process. Joint projects can thus build on a broad application expertise.

Trützschler Nonwovens & Man-Made Fibers GmbH started a cooperation with the Italian textile machinery manufacturer Texnology S.r.l. in the field of needle-punching technology. With immediate effect, the companies will offer complete production lines for needle-punched nonwovens under the name of T-SUPREMA.

Web bonding with steel needles represent the largest production process in the drylaid nonwovens segment. The areas of application are predominantly of a technical nature, with the largest applications being durable geotextiles, automotive textiles and filter media. The high adaptability of the needling and finishing processes as well as the broad material base result in a large number of different end products. Needle-punching is suitable for a wide range of man-made and natural fibers including mineral and high-performance fibers.  

Trützschler Nonwovens contributes its many years of experience in fiber preparation and web forming to the cooperation. Texnology is mainly responsible for the needle-punching process. Joint projects can thus build on a broad application expertise.

A first joint project has already been successfully completed, implemented and put into operation.

Source:

Trützschler Nonwovens

15.06.2022

Autoneum updates its outlook for 2022 as a result of the Ukraine war

Due to the impact of the war in Ukraine on the automotive industry and vehicle production as well as of rising inflation, Autoneum is adjusting its corporate outlook for the 2022 financial year. The market recovery will be delayed by current developments.

Since the outbreak of war in Ukraine, new bottlenecks in global supply and logistics chains have been impacting vehicle manufacturer production volumes and thus slowing the revenue and earnings development of the automotive supply industry, especially in Europe. Current developments are accompanied by accelerated inflation and significant price increases on the commodities markets, which have been further exacerbated by the war. These are felt at Autoneum through rising material, energy and transport costs. With regard to the rising costs, automotive manufacturers and suppliers are now required to ensure a fair burden sharing as partners.

Due to the impact of the war in Ukraine on the automotive industry and vehicle production as well as of rising inflation, Autoneum is adjusting its corporate outlook for the 2022 financial year. The market recovery will be delayed by current developments.

Since the outbreak of war in Ukraine, new bottlenecks in global supply and logistics chains have been impacting vehicle manufacturer production volumes and thus slowing the revenue and earnings development of the automotive supply industry, especially in Europe. Current developments are accompanied by accelerated inflation and significant price increases on the commodities markets, which have been further exacerbated by the war. These are felt at Autoneum through rising material, energy and transport costs. With regard to the rising costs, automotive manufacturers and suppliers are now required to ensure a fair burden sharing as partners.

In addition, renewed coronavirus-related lockdowns in China are delaying growth in Asia. According to the revised market forecasts1), global automobile production is expected to reach 80.4 million units in 2022, which represents an increase of 4.1% compared to 2021. Growth will thus be significantly lower than was still expected in mid-February.

Autoneum will do its utmost to minimize the impact on the Group. Despite the present challenges, the strategy will continue to be consistently implemented with a focus on innovative and sustainable technologies for growing markets of the future.

Based on current developments and knowledge, Autoneum has updated the forecasts that it presented at the Media Conference, which had not yet included the impacts of the war as outlined above. Autoneum continues to expect revenue to develop in line with the market. For the first half of the year, the Company expects an EBIT margin at break-even level. On the basis of the ongoing collaborative discussions with customers to participate in the sharing of the sharply increased energy and material costs, Autoneum anticipates an improvement in the EBIT margin to 2.0 to 3.0% (previously: 4.0 to 5.0%) for the full year 2022. Free cash flow for 2022 is expected to be in the mid to high double-digit million range.

Autoneum is very well positioned for the transformation of the automotive industry towards e-mobility and sustainability. Our product portfolio is suitable for all drive types, whether internal combustion, hybrid or pure electric vehicles. The medium-term forecasts that Autoneum published in November 2021 remain unchanged positive. The timing of the market recovery will be delayed by current events and will also depend on further geopolitical developments.

Source:

Autoneum Management AG

(c) ​Yanfeng
15.06.2022

Yanfeng honors its suppliers in Europe

Yanfeng, a global automotive supplier, recognized the performance of its European suppliers with its annual Supplier Awards. During a ceremony at the company’s European Headquarters in Neuss, a total of 13 suppliers yesterday received the awards in two categories.

With one Distinguished Supplier award and twelve Supplier Excellence awards in five sub-categories, YF evaluated its suppliers according to several criteria. The company’s vision of technology and innovation, as well as sustainability, were particularly important. Moreover, quality, cost, service and customer satisfaction were also assessed.

The award recipients from Europe were:

Distinguished Supplier Award:
- BASF Polyurethanes GmbH, Germany

Supplier Excellence Award – Quality:
- Industrias Alegre S.A., Spain

Supplier Excellence Award – Customer Satisfaction:
- DSSI International, LLC, Slovakia
- SIGIT d.o.o., Serbia

Supplier Excellence Award – Sustainability:
- HOFFMANN + VOSS GmbH, Germany

Supplier Excellence Award – Technology and Innovation:
- SemsoTec GmbH, Germany
- Lightworks GmbH, Germany

Yanfeng, a global automotive supplier, recognized the performance of its European suppliers with its annual Supplier Awards. During a ceremony at the company’s European Headquarters in Neuss, a total of 13 suppliers yesterday received the awards in two categories.

With one Distinguished Supplier award and twelve Supplier Excellence awards in five sub-categories, YF evaluated its suppliers according to several criteria. The company’s vision of technology and innovation, as well as sustainability, were particularly important. Moreover, quality, cost, service and customer satisfaction were also assessed.

The award recipients from Europe were:

Distinguished Supplier Award:
- BASF Polyurethanes GmbH, Germany

Supplier Excellence Award – Quality:
- Industrias Alegre S.A., Spain

Supplier Excellence Award – Customer Satisfaction:
- DSSI International, LLC, Slovakia
- SIGIT d.o.o., Serbia

Supplier Excellence Award – Sustainability:
- HOFFMANN + VOSS GmbH, Germany

Supplier Excellence Award – Technology and Innovation:
- SemsoTec GmbH, Germany
- Lightworks GmbH, Germany

Supplier Excellence Award – Service:
- CTP, Czech Republic
- Milsped d.o.o., Serbia
- Prewave GmbH, Austria
- Schneider Electric SE, France
- SPARETECH GmbH, Germany
- Weber GmbH & Co. KG, Germany

Source:

Yanfeng

Automobilmarke Polestar auf dem Global Fashion Summit 2022 (c) Polestar
08.06.2022

Automobilmarke Polestar auf dem Global Fashion Summit 2022

Die schwedische Elektroautomarke Polestar ist der Hauptpartner des Global Fashion Summit 2022 (Kopenhagen, 7.-8. Juni 2022), ein internationales Forum für Nachhaltigkeit der Modebranche. Das Gipfeltreffen brachte die Modeindustrie, politische Entscheidungsträgerinnen und -träger und Interessengruppen aus einer Reihe von Branchen zusammen. In Anbetracht der Dringlichkeit einer branchenübergreifenden Zusammenarbeit lautete das diesjährige Leitthema „Alliances for a new era“.

Polestar nahm als einzige Automobilmarke an der Veranstaltung teil, mit dem Ziel, neue Partnerinnen und Partner für das Polestar 0 Projekt zu finden. Mit diesem Projekt strebt der schwedische Hersteller für Premium Elektrofahrzeuge danach, bis 2030 ein wirklich klimaneutrales Auto zu entwickeln, ohne auf Kompensationsmaßnahmen angewiesen zu sein. Einer der Schlüssel, um dies zu erreichen, sind Innovationen im Textilbereich.

Die Modebranche und der Transportsektor sind zusammen für einen großen Teil der weltweiten Emissionen verantwortlich. Das Potenzial für eine Reduktion ist immens, und noch größer, wenn es durch Zusammenarbeit unterstützt wird.1,2

Die schwedische Elektroautomarke Polestar ist der Hauptpartner des Global Fashion Summit 2022 (Kopenhagen, 7.-8. Juni 2022), ein internationales Forum für Nachhaltigkeit der Modebranche. Das Gipfeltreffen brachte die Modeindustrie, politische Entscheidungsträgerinnen und -träger und Interessengruppen aus einer Reihe von Branchen zusammen. In Anbetracht der Dringlichkeit einer branchenübergreifenden Zusammenarbeit lautete das diesjährige Leitthema „Alliances for a new era“.

Polestar nahm als einzige Automobilmarke an der Veranstaltung teil, mit dem Ziel, neue Partnerinnen und Partner für das Polestar 0 Projekt zu finden. Mit diesem Projekt strebt der schwedische Hersteller für Premium Elektrofahrzeuge danach, bis 2030 ein wirklich klimaneutrales Auto zu entwickeln, ohne auf Kompensationsmaßnahmen angewiesen zu sein. Einer der Schlüssel, um dies zu erreichen, sind Innovationen im Textilbereich.

Die Modebranche und der Transportsektor sind zusammen für einen großen Teil der weltweiten Emissionen verantwortlich. Das Potenzial für eine Reduktion ist immens, und noch größer, wenn es durch Zusammenarbeit unterstützt wird.1,2

Fredrika Klarén ergänzt: „Die Mode- und die Automobilbranche sind zwei große Verursacher von CO2e-Emissionen. Beide Branchen haben viele komplexe Herausforderungen in Bezug auf Nachhaltigkeit zu bewältigen, die mit Ressourcennutzung, Menschenrechten und Transparenz zusammenhängen. Wir befinden uns jetzt im ‚Klimajahrzehnt‘ und ein voneinander unabhängiges Vorgehen wird uns nicht weiterbringen.“

 

1 https://www.europarl.europa.eu/news/en/headlines/society/20201208STO93327/the-impact-of-textile-production-and-waste-on-the-environment-infographic
2 https://www.iea.org/topics/transport

Source:

Polestar / PR + Presseagentur textschwester

03.06.2022

B.I.G. is ready for a sustainable future

With an annual report entitled 'Here.We.Go' and a sustainability report 'Shaping sustainable living, together', B.I.G. is also publishing a strong ambition for a sustainable future.

Offering sustainable flooring and material solutions will be the number one priority for the coming years.

The Group's first sustainability report is built around a self-designed sustainability model - "Route 2030" - which is based on achievable commitments, covers the main priorities and reflects B.I.G.'s vision in a sincere way.

Their vision for the B.I.G. change is to actively build a better future by their our carbon footprint to zero and doing business in a transparent, integer way. In this sense, it is the translation of the Group's purpose defined in 2021: shaping sustainable living, together.

With an annual report entitled 'Here.We.Go' and a sustainability report 'Shaping sustainable living, together', B.I.G. is also publishing a strong ambition for a sustainable future.

Offering sustainable flooring and material solutions will be the number one priority for the coming years.

The Group's first sustainability report is built around a self-designed sustainability model - "Route 2030" - which is based on achievable commitments, covers the main priorities and reflects B.I.G.'s vision in a sincere way.

Their vision for the B.I.G. change is to actively build a better future by their our carbon footprint to zero and doing business in a transparent, integer way. In this sense, it is the translation of the Group's purpose defined in 2021: shaping sustainable living, together.

Pol Deturck adds “By 2030, together with a broad group of suppliers, stakeholders and partners, we want to be the leader in sustainable flooring and material solutions. Specifically, our future value proposition is based on products and services that are environmentally & climate friendly, circular and offered by talented, innovative people with an emphasis on integrity and respect for values. This results more in a recurring value proposition for the future.”

Clear growth ambitions
As a 100% family-owned international Group with a clear long-term vision, B.I.G. stayed true to their plans and kept on investing in all areas of their business.
“The ambition for 2021 was to invest over 100 mio euro. But we were held back by external, unforeseen factors: from delays on quotes and execution to the lack of availability and resources due to the pandemic. If all goes as planned, we’ll make up for it in 2022 with an investment budget well over 100 million euro. The main areas of interest will be sustainability, innovation and Industry 4.0.” says Pieter-Jan Sonck, CFO of B.I.G.

Adding to the gradual top-line growth of recent years, the Group can look back on an unprecedented financial boom. The driving forces: favorable market conditions, a revitalized growth strategy and a team of nearly 5.000 first-class employees.

B.I.G. reported a turnover of EUR 2,5 billion, an increase of 45 % compared to 2020. The Group ebitda amounted to EUR 451 million, an increase of 120 % compared to 2020 and a net result of EUR 274 million, a growth of 215% compared to 2020.

Fruitful year for all Business Units
It was a fruitful year for all 3 business units, but the Group's business unit Polymers stood out. Exceptionally strong demand in Europe and North America, combined with raw material shortages and unplanned shutdowns of competitors, pushed prices and margins up to highs. The Polymers facilities ran at full capacity to meet the customers’ needs and hit all-time profit records during several months.

The Group's business unit Flooring Solutions also fared well. Most divisions and regions outperformed amid surging energy prices, disrupted supply chains, cost volatility in transport and raw materials, and other challenges. Their sustained focus on innovation, design and product differentiation led to an improved operating result at the end of 2021.

The achievements by Engineered Solutions echo those of the other two business units, from volume increases to budget increases. B.I.G. took big leaps forward in all its key markets, including the automotive sector, geotextiles and filtration.

Source:

Beaulieu International Group / EMG

AkzoNobel acquires African paints and coatings activities from Kansai Paint (c) AkzoNobel
01.06.2022

AkzoNobel acquires African paints and coatings activities from Kansai Paint

AkzoNobel is to further strengthen its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023.
 
Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million. The transaction includes the Plascon brand, which has more than 100 years of heritage in South Africa. Together with our own Dulux brand, they’re the longest-established paint brands in the region. The intended acquisition also includes automotive and protective coatings, and coatings for wood and coil.
 
“Acquiring Kansai Paint’s activities in the region will help us to further expand our paints and coatings business in Africa and provide a strong platform for future growth,” says AkzoNobel CEO, Thierry Vanlancker. “Kansai Paint shares our commitment to innovation and sustainability, and we look forward to combining our expertise, which will result in a wider range of innovative products and more sustainable solutions for our customers.”
 

AkzoNobel is to further strengthen its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023.
 
Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million. The transaction includes the Plascon brand, which has more than 100 years of heritage in South Africa. Together with our own Dulux brand, they’re the longest-established paint brands in the region. The intended acquisition also includes automotive and protective coatings, and coatings for wood and coil.
 
“Acquiring Kansai Paint’s activities in the region will help us to further expand our paints and coatings business in Africa and provide a strong platform for future growth,” says AkzoNobel CEO, Thierry Vanlancker. “Kansai Paint shares our commitment to innovation and sustainability, and we look forward to combining our expertise, which will result in a wider range of innovative products and more sustainable solutions for our customers.”
 
Adds Kunishi Mori, Kansai Paint’s president: “We are convinced that AkzoNobel is the best owner as AkzoNobel considers the decorative paints business as a core business and will therefore be able to unlock the full potential of the business, thereby contributing to the development of the African economy.
 
”For Prejay Lalla and Arvind Shekhawat, Chief Executive Officers of KPAL and KPEA (the respective Africa entities being sold by Kansai Paint in this transaction), this agreement is an opportunity to further enhance growth. “We believe that AkzoNobel will be the owner who will elevate the business to the next level as AkzoNobel is willing to invest in ESG, is committed to innovation, workforce development and broader career opportunities as well as the long-term success of its paint businesses in Africa.”
 
The intended acquisition follows on from a series of recent acquisitions by AkzoNobel across paints and coatings over the last two years, including Titan Paints in Spain and Portugal, New Nautical Coatings in the US and, most recently, Grupo Orbis in Latin America.

More information:
AkzoNobel Coatings Automotive
Source:

AkzoNobel

Mixed reality glasses: A pilot project at Adient supports the induction of new employees". Mixed reality glasses: A pilot project at Adient supports the induction of new employees". Bild: Adient
25.05.2022

Adient wins "German Innovation Award 2022"

Adient, a leading global supplier of automotive seating systems, has won the "German Innovation Award 2022" in the category "Information Technologies and Functional Software". Adient's concept of "Mixed Reality as a key to efficient induction training", developed as a pilot project by employees at Adient’s Saarlouis production site, was able to convince the interdisciplinary jury of experts from science and technology.

Adient's concept aims to efficiently train new employees in production areas with the aid of mixed reality glasses. These glasses can be used to scan QR codes that are attached to each workstation. The QR codes call up corresponding videos in the field of view of the glasses which visually help the user to learn about the processes at the respective workstation, thus replacing the previous paper-based work instructions.

Adient, a leading global supplier of automotive seating systems, has won the "German Innovation Award 2022" in the category "Information Technologies and Functional Software". Adient's concept of "Mixed Reality as a key to efficient induction training", developed as a pilot project by employees at Adient’s Saarlouis production site, was able to convince the interdisciplinary jury of experts from science and technology.

Adient's concept aims to efficiently train new employees in production areas with the aid of mixed reality glasses. These glasses can be used to scan QR codes that are attached to each workstation. The QR codes call up corresponding videos in the field of view of the glasses which visually help the user to learn about the processes at the respective workstation, thus replacing the previous paper-based work instructions.

With this concept, Adient is using the technology to design and develop world-class seating solution for its global customers. New employees can thus be given a comprehensive understanding of the complex structures of a car seat much better, faster, and in a more realistic way. In addition to optimized communication, changes in the process such as product modifications can be implemented more easily than with printed work instructions.

Source:

Adient