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FIDIVI Tessitura Vergnano S.p.A./ Nabucco 6075 Reale © Foto: Indorama Ventures Fibers Germany GmbH / FIDIVI Tessitura Vergnano S.p.A./ Nabucco 6075 Reale
06.06.2023

Trevira CS at the Cruise Ship Interiors Design Expo Americas in Miami

Trevira CS is exhibiting for the first time at CSI Miami (Cruise Ship Interiors Design Expo Americas). Taking place on 6 – 7 June, 2023 at the Miami Beach Convention Center, CSI will bring together buyers and suppliers involved in cruise ship interiors, including interior designers, architects, outfitters, shipyards and suppliers.
 
On the Trevira CS stand, visitors can get an idea of the wide range of flame retardant fabrics suitable for use on board cruise ships. 53 fabrics from 20 Trevira CS customers will be on display that either have IMO certification and/or have been tested to the fire safety standards (FTP Code) required in the marine sector. Trevira CS fabrics are inherently flame retardant, meaning that their flame retardant properties cannot be washed out or lost through aging or use. This is due to the chemical structure of the polyester fiber: the flame retardant properties are firmly anchored in the fiber and cannot be altered by external influences. A surface-applied flame retardant finish is therefore not necessary.

Trevira CS is exhibiting for the first time at CSI Miami (Cruise Ship Interiors Design Expo Americas). Taking place on 6 – 7 June, 2023 at the Miami Beach Convention Center, CSI will bring together buyers and suppliers involved in cruise ship interiors, including interior designers, architects, outfitters, shipyards and suppliers.
 
On the Trevira CS stand, visitors can get an idea of the wide range of flame retardant fabrics suitable for use on board cruise ships. 53 fabrics from 20 Trevira CS customers will be on display that either have IMO certification and/or have been tested to the fire safety standards (FTP Code) required in the marine sector. Trevira CS fabrics are inherently flame retardant, meaning that their flame retardant properties cannot be washed out or lost through aging or use. This is due to the chemical structure of the polyester fiber: the flame retardant properties are firmly anchored in the fiber and cannot be altered by external influences. A surface-applied flame retardant finish is therefore not necessary.

In the marine sector, the demands placed on textiles are not only high in terms of fire protection, but also with regards to light resistance and durability. This is particularly true for textiles used in outdoor applications. These must be extremely robust, as they are exposed to moisture and sunlight. To meet these requirements, Trevira CS has launched a range of 30 new spun-dyed, UV-stable filament yarns. Besides color depth and durability, spun-dyed yarns offer another advantage: They are more sustainable because the fabrics made from them can be produced in a more environmentally friendly way than textiles that are dyed in one piece or consist of brightly colored yarns. In fabric production, a large share of resource consumption goes to the dyeing and finishing of fabrics as well as the use of chemicals and water. However, with spun-dyed yarns, these processing steps are unnecessary – the yarn immediately comes out of the spinneret in the desired color, reducing the products’ environmental impact.

The topic of sustainability is also taken up in other Trevira CS products. For example, Trevira CS fabrics are available in recycled versions. They consist of fiber and filament yarns obtained in different recycling processes. Filament yarns are produced using recycled PET bottles, they contain 50% post-consumer recycled material. Recycled fibers are obtained using an agglomeration plant and in further processing steps from residual pre-consumer waste from production. They consist of 100% recycled material (pre-consumer recycling). All flame retardant recycled Trevira® products are GRS (Global Recycled Standard) certified.
Fabrics made from these yarns are marked with the Trevira CS eco trademark. The prerequisite for this is a recycled content of at least 50%. Among the fabrics presented at the Trevira CS trade fair stand are 8 fabrics bearing the Trevira CS eco brand.

The long-term goal in developing sustainable products is undoubtedly to enter a circular economy. For this new path, an innovative Trevira CS product development was launched, producing flame retardant fibers and filament yarns from chemically recycled raw material. In this case, the basic raw material for the chemical recycling was PET bottles, but essentially it could be most any other PET recyclables, such as packaging material or even textiles. Chemical recycling involves depolymerization, a sequence of chemical reactions in which the polymer chains are broken down again into their original components, i. e. the monomers. In a further processing step, impurities are removed. Before the polymerization process is initiated, a small amount of MEG (mono ethylene glycol) is added.

The same technology used to produce the original (virgin) raw material for Trevira CS is also used here. The flame retardant modification is added during polymerization. In this way, the flame retardant properties are indelibly anchored in the polymer.

By recycling valuable materials such as packaging material, waste can be avoided. The raw material obtained from the recycling process is comparable to the original material can be used again in high-quality products.

Source:

Indorama Ventures Fibers Germany GmbH

02.06.2023

Carbios receives funding for PET biorecycling plant and R&D activities

Carbios will receive grants totaling €54 million from French State via France 2030 and Grand-Est Region to finance construction of world’s first PET biorecycling plant and accelerate R&D activities

Carbios announces that its project has been selected by the French State for funding of €30 million from the French State as part of the investment plan France 2030, and €12.5 million from the Grand-Est Region.  The implementation of this funding is conditional to the European Commission’s approval of the corresponding state aid scheme, followed by the conclusion of national aid agreements. As part of the national call for projects on “Plastics Recycling” operated by ADEME[1], Carbios’ project to finalize the industrialization of its unique PET biorecycling process has been selected. The reference plant in Longlaville in the Grand-Est region will be the world’s first PET biorecycling plant and is due for commissioning in 2025. This plant will make it possible to relocate to France the production of the two basic components of PET, PTA and MEG[2], both derived from the Carbios process.

Carbios will receive grants totaling €54 million from French State via France 2030 and Grand-Est Region to finance construction of world’s first PET biorecycling plant and accelerate R&D activities

Carbios announces that its project has been selected by the French State for funding of €30 million from the French State as part of the investment plan France 2030, and €12.5 million from the Grand-Est Region.  The implementation of this funding is conditional to the European Commission’s approval of the corresponding state aid scheme, followed by the conclusion of national aid agreements. As part of the national call for projects on “Plastics Recycling” operated by ADEME[1], Carbios’ project to finalize the industrialization of its unique PET biorecycling process has been selected. The reference plant in Longlaville in the Grand-Est region will be the world’s first PET biorecycling plant and is due for commissioning in 2025. This plant will make it possible to relocate to France the production of the two basic components of PET, PTA and MEG[2], both derived from the Carbios process.

Carbios also announces that it has been granted total funding of €11.4 million from the French State as part of France 2030, of which €8.2 million directly for Carbios (€5 million in repayable advances) and €3.2 million for its academic partners INRAE[3], INSA[4] and CNRS[5] via the TWB[6] and TBI[7] joint service and research units. This funding will enable to continue its research into the optimization and continuous improvement of Carbios’ enzymatic technologies.

The plant will secure the sales of the first volumes of recycled PET produced with Carbios’ technology, and to offer its partners recycled PET of the same quality as virgin PET. Once the necessary permits have been obtained, which should be granted by the end of 2023, in line with the announced start of construction before the end of the year, the plant is scheduled to be commissioned in 2025. This will be followed by a period of ramp-up to full capacity. The plant will have a nominal processing capacity of 50,000 tonnes of PET waste per year, equivalent to 2 billion bottles or 2.5 billion food trays.

Selection for funding by the French State through France 2030 and the Grand-Est Region complements the recent announcement of an exclusive, long-term partnership with Novozymes[8], a leader in enzyme production, one of the main aims is to ensure the supply of enzymes to Carbios’ Longlaville plant and future licensed plants. In addition, Carbios recently secured a first supply source for its future plant by winning part of the CITEO tender for the biorecycling of multilayer trays[9].


[1] The French Agency for Ecological Transition
[2] PTA = purified terephthalic acid; MEG = monoethylene glycol
[3] French National Research Institute for Agriculture, Food and the Environment
[4] French National Institute of Applied Sciences
[5] French National Center for Scientific Research
[6] Toulouse White Biotechnology – UMS INRAE 1337 / UAR CNRS 3582
[7] Toulouse Biotechnology Institute – UMR INSA/CNRS 5504 / UMR INSA/INRAE 792
[8] Cf. press release dated 12 January 2023
[9] Cf. press release published by Citeo dated 26 April 2023

More information:
Carbios biorecycling plastics France
Source:

Carbios

Foto: DITF
Polyesterfasern und -granulat der DITF.
23.02.2023

Neues EU-Verbundprojekt: CO2-basiertes Polyester

Start für ein EU-weites Verbundprojekt: Unter der Leitung des französischen Unternehmens Fairbrics SAS finden sich 17 Projektpartner aus sieben europäischen Ländern zusammen. Gemeinsames Ziel ist es, in einem geschlossenen Kreislauf Endprodukte aus Polyester unter Verwendung von industriellen CO2-Emissionen zu erzeugen und zur Marktreife zu führen. Die DITF stellen dabei Synthesefasern aus Kunststoffen nicht fossilen Ursprungs her.

Um die europäischen Klimaziele zu erreichen, müssen Treibhausgase langfristig und nachhaltig reduziert werden. CO2-Emissionen müssen hierfür in der Energiewirtschaft, in der Industrie sowie bei Haushalten und Kleinverbrauchern gesenkt werden. Hieran knüpft das EU-weite Verbundprojekt ‚Threading CO2‘ an, welches im Rahmen des Horizon-Förderprogramms der EU finanziert wird. Bei dem Projekt werden Produkte aus umweltfreundlich hergestelltem Polyester (PET) in die Marktreife überführt.

Start für ein EU-weites Verbundprojekt: Unter der Leitung des französischen Unternehmens Fairbrics SAS finden sich 17 Projektpartner aus sieben europäischen Ländern zusammen. Gemeinsames Ziel ist es, in einem geschlossenen Kreislauf Endprodukte aus Polyester unter Verwendung von industriellen CO2-Emissionen zu erzeugen und zur Marktreife zu führen. Die DITF stellen dabei Synthesefasern aus Kunststoffen nicht fossilen Ursprungs her.

Um die europäischen Klimaziele zu erreichen, müssen Treibhausgase langfristig und nachhaltig reduziert werden. CO2-Emissionen müssen hierfür in der Energiewirtschaft, in der Industrie sowie bei Haushalten und Kleinverbrauchern gesenkt werden. Hieran knüpft das EU-weite Verbundprojekt ‚Threading CO2‘ an, welches im Rahmen des Horizon-Förderprogramms der EU finanziert wird. Bei dem Projekt werden Produkte aus umweltfreundlich hergestelltem Polyester (PET) in die Marktreife überführt.

Die technologische Grundlage hat Firma Fairbrics SAS aus Frankreich entwickelt. Es geht um die Herstellung von Monoethylenglycol (MEG), dem Ausgangsstoff für die Herstellung von Polyester, unter Verwendung von CO2, das aus industriellen Abgasen gewonnen wird - ein neuer Ansatz, denn im klassischen Verfahren werden fossile Rohstoffe für die Produktion von Polyester verbraucht. Auf diese Weise wird nicht nur direkt die Freisetzung von CO2 in die Atmosphäre verhindert. Das CO2 trägt zusätzlich einer erhöhten Wertschöpfung bei, indem es bei der Erzeugung von hochwertigen textilen Produkten eingebunden wird. Der Kern des Projektes ist die technologische Aufskalierung des neuen MEG-Syntheseprozesses in Pilotanlagen, die den Weg für die industrielle Fertigung ebnen.

In dem EU-Verbundprojekt werden sich 17 Projektpartner mit ihrem speziellen Fachwissen einbringen und den Prozess technologisch weiterentwickeln und industriefähig machen. Die DITF Denkendorf übernehmen innerhalb des Konsortiums die Aufgabe, das Upscaling zu begleiten und den Schritt ‚vom Molekül zum Material‘ zu gehen: Aus dem nachhaltig hergestellten Monoethylenglykol werden in eigenen Laboratorien Polyester synthetisiert, zu Fasern versponnen, texturiert und weiterverarbeitet. Dabei soll überprüft werden, ob die Qualität des Polyesters sowie dessen Verspinn- und Verarbeitbarkeit in der textilen Wertschöpfungskette vergleichbar mit konventionellem Polyester ist.

Die Projektpartner Faurecia und Les Tissages de Charlieu verarbeiten die Fasern und Textilien zu Autositzen und Bekleidung, um die Qualität auch im Endprodukt beurteilen zu können. Die anschließende Rezyklierfähigkeit der Produkte wird an den DITF überprüft. Außerdem soll eine Sicherheitsmarkierung für diesen CO2-basierten Polyester entwickelt werden, um ihn vor Produktpiraterie zu schützen.

More information:
CO2 Polyesterfasern MEG
Source:

DITF

12.05.2022

Indorama Ventures reports results for 1Q22

Indorama Ventures Public Company Limited (IVL) reported a strong 1Q22 result, building on its record FY 2021 performance as the pandemic continued to retreat, driving demand across the company’s global integrated portfolio.

IVL achieved 1Q22 Core EBITDA of US$650 million, up 41% QoQ and 77% YoY, and a 4% increase in production volumes to 3.80 MMT. All three of IVL’s business segments grew as the company’s leading global position benefited overall in an environment of higher crude oil prices, increased ocean freight rates and a strengthening US dollar, led by resurging consumer demand and global mobility.

IVL’s Integrated Oxides and Derivatives (IOD) business benefits from a high crude oil price environment, as its shale gas advantage supports MTBE and MEG margins. As ocean freight rates increase, IVL’s PET and Fibers segments gain due to increased import parity pricing in Western markets, where about two thirds of its portfolio is situated. Management’s agile response to hedging and levying surcharges has helped to partially recuperate the surge in energy and utility costs in Europe as a consequence of the Russia-Ukraine conflict.

Indorama Ventures Public Company Limited (IVL) reported a strong 1Q22 result, building on its record FY 2021 performance as the pandemic continued to retreat, driving demand across the company’s global integrated portfolio.

IVL achieved 1Q22 Core EBITDA of US$650 million, up 41% QoQ and 77% YoY, and a 4% increase in production volumes to 3.80 MMT. All three of IVL’s business segments grew as the company’s leading global position benefited overall in an environment of higher crude oil prices, increased ocean freight rates and a strengthening US dollar, led by resurging consumer demand and global mobility.

IVL’s Integrated Oxides and Derivatives (IOD) business benefits from a high crude oil price environment, as its shale gas advantage supports MTBE and MEG margins. As ocean freight rates increase, IVL’s PET and Fibers segments gain due to increased import parity pricing in Western markets, where about two thirds of its portfolio is situated. Management’s agile response to hedging and levying surcharges has helped to partially recuperate the surge in energy and utility costs in Europe as a consequence of the Russia-Ukraine conflict.

The re-opening of economies bodes well for demand across IVL’s portfolio. However, China’s ongoing pandemic lockdowns impacted downstream polyester demand resulting in weakened MEG spreads. IVL’s businesses trade in US dollars and a strengthening dollar has positive impact, reducing conversion costs in emerging economies where IVL has a strong local presence.

Combined PET segment reported Core EBITDA of US$435 million, up 63% QoQ and 67% YoY supported by the reset of PTA/PET contracts at the end of 2021. IVL expects the tight supply-demand environment to continue through 2022, boosted by the upcoming peak summer season.

IOD segment achieved Core EBITDA of US$126 million, up 3% QoQ and 258% YoY as MTBE margins benefited from higher crude oil prices, demand remains strong for downstream products, and as the commissioning of the Lake Charles cracker contributes to earnings in 2022. The integration of the Oxiteno acquisition, completed in April, will bring additional upside to IOD from 2Q22.

Fibers segment delivered Core EBITDA of US$85 million, an increase of 4% QoQ and 17% YoY. Demand across the three Fibers verticals is stable with domestic sales yielding better profitability, while higher freight rates weighed on margins on export volumes from Thailand, Indonesia and India, and increased energy and utility costs impacted European operations.

1Q22 Performance Highlights

  • Consolidated Revenue of US$4,444M, an increase of 12% QoQ and 37% YoY
  • Record Reported EBITDA of US$784M, a YoY growth of 63%, and Core EBITDA of US$650M, a YoY growth of 77%
  • Production volumes up 4% YoY to 3.80 MMT
  • Reported Net Profit of THB 14,070M, Core Net Profit of THB 10,578M
  • Reported EPS of THB 2.47 (LTM1Q22: 5.98) and Core EPS of THB 1.85 (LTM1Q22:4.96)
  • Record Core EBITDA Margin at 15%
Source:

Indorama Ventures Public Company Limited

02.03.2022

Indorama Ventures reports record FY2021 performance as the global recovery drove volumes

  • IVL commits to being an industry leader in sustainability under ‘Vision 2030’

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, today reported a record FY2021 performance as the economic recovery drove demand across the company’s global footprint. 

Mr Aloke Lohia, Indorama Ventures Group CEO, said: “In 2021 we proved the resilience of our global footprint and our integrated portfolio across the polyester value chain. The past two years were an unprecedented period of disruption in which our business model’s robustness and our teams’ agility were tested. Having reset our business plan for the ‘new normal’ era, I have never been more confident in our model, our strategy, and our teams."

2021 Summary

In 2021, IVL delivered Core EBITDA of US$1,743 million (up 55% YoY) on production volumes of 14.72 MMT (up 7% YoY). Consolidated Revenue increased 38% YoY to US$14,629 million as consumer confidence rebounded and the company’s resilient model benefited from rising inflation, energy price hikes and supply chain shocks.

  • IVL commits to being an industry leader in sustainability under ‘Vision 2030’

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, today reported a record FY2021 performance as the economic recovery drove demand across the company’s global footprint. 

Mr Aloke Lohia, Indorama Ventures Group CEO, said: “In 2021 we proved the resilience of our global footprint and our integrated portfolio across the polyester value chain. The past two years were an unprecedented period of disruption in which our business model’s robustness and our teams’ agility were tested. Having reset our business plan for the ‘new normal’ era, I have never been more confident in our model, our strategy, and our teams."

2021 Summary

In 2021, IVL delivered Core EBITDA of US$1,743 million (up 55% YoY) on production volumes of 14.72 MMT (up 7% YoY). Consolidated Revenue increased 38% YoY to US$14,629 million as consumer confidence rebounded and the company’s resilient model benefited from rising inflation, energy price hikes and supply chain shocks.

Macroeconomic tailwinds supported IVL’s performance, including government stimulus packages. In premium western markets, higher freight rates improved the company’s local import parity pricing advantage. In the fourth quarter, the introduction of China’s dual control policy widened polyester margins. 

IVL’s largest Combined PET segment posted a 39% increase in Core EBITDA to US$1,103 million in the context of strong demand and low inventories. The resetting of PET contracts in 2022 is expected to capture higher freight rates and the consequent beneficial impact on import parity. The segment is expected to enjoy improved margins in 2022.

Integrated Oxides & Derivatives (IOD) recorded a Core EBITDA of US$377 million, up 228% from a year earlier. With higher oil prices expected to continue into 2022, the segment will continue to benefit from shale gas economics, improving MEG spreads, and upside from Lake Charles (IVOL) ethylene cracker, which resumed operations in late 2021. The Oxiteno acquisition, expected to close in H1 2022, will bring complementary products, green energy innovation, and geographical diversification to the IOD segment.

Fibers segment delivered a 37% increase in Core EBITDA of US$268 million as volumes rose 11%. Margins widened due to tighter markets and a favorable product mix, with setbacks coming from energy and commodity price increases, while the ongoing semiconductor shortage impacted the Mobility vertical.

Mr D K Agarwal, CEO and CFO at Indorama Ventures, said: “The performance was a result of a number of important macroeconomic factors, such as heightened crude oil prices, supply disruptions, and resurgent consumer confidence as vaccinations were rolled out in the pandemic’s second full year. These factors led to improved margins and benefited us as a preferred regional supplier that can react quickly to fulfill our customer needs. Our transformation programs that we started three years ago are also delivering efficiency gains faster than planned. As the world emerges from the pandemic, our increased confidence in IVL’s resilient model sets a strong foundation for further growth through 2024.”

Source:

Indorama Ventures Public Company Limited

Oerlikon: Virtual Exhibition (c) Oerlikon
08.10.2020

Oerlikon at Innovate Textile & Apparel Virtual Trade Show

The textile machinery industry is eagerly awaiting the start of the virtual trade show "Innovate Textile & Apparel". What and how will the more than 160 exhibitors present themselves virtually? How will the approximately 10,000 registered visitors accept the digital offer? WTIN is breaking new ground as organizer with this platform. But one thing is already certain: From 15 to 30 October 2020, they will bring the textile machinery industry a little closer together again in the Corona Pandemic. Oerlikon invites all visitors to take a look into the future of manmade fibers production and get to know the comprehensive range of products and services.

The textile machinery industry is eagerly awaiting the start of the virtual trade show "Innovate Textile & Apparel". What and how will the more than 160 exhibitors present themselves virtually? How will the approximately 10,000 registered visitors accept the digital offer? WTIN is breaking new ground as organizer with this platform. But one thing is already certain: From 15 to 30 October 2020, they will bring the textile machinery industry a little closer together again in the Corona Pandemic. Oerlikon invites all visitors to take a look into the future of manmade fibers production and get to know the comprehensive range of products and services.

"Reconnecting innovation in the textile & apparel value chain" is the motto of WTIN's virtual trade show. And Oerlikon intends to more than live up to this motto. With more than 50 active experts from sales, customer service and technology as well as partners from its international network of representatives, the Manmade Fibers segment of the Swiss Oerlikon Group will try to be represented around the clock. "It is an interesting experiment for all of us and we would like to see it succeed," explains André Wissenberg, Head of Marketing, Corporate Communications and Public Affairs. "Our aim is to meet our existing customers again, make new contacts and see 'old friends' from the industry. We have prepared an attractive digital offer for them all. Those of you who missed our roller coaster ride in Barcelona last year can now enjoy the journey through time in peace and quiet from your home office on your digital tour of the fair. And, there are no more waiting times either," promises Wissenberg.

Factory know-how from a single source
From Melt to Yarn, Fibers and Nonwovens. From the polycondensation and the processing of PTA and MEG as well as the extrusion of, for example, recycled polyester chips all the way through to hundreds of thousands of packaged and stored or directly-delivered textured bobbins for a market within the textile industry worth billions. From the planning and construction of highly complex production plants to the engineering of large-scale plant projects and competent customer services. This business model runs like a red thread through the self-conception of the Manmade Fibers segment of the Swiss Oerlikon Group. The right partner, especially – but not exclusively – for newcomers to the textile industry. "With us they get everything they need for a successful business: Factory know-how from a single source. And that's what we would like to show our visitors at our virtual trade fair booth," says Wissenberg.