From the Sector

Designed by Creative Director Alessandro Michele, adidas x Gucci merges the emblems of the House with those of the iconic sportswear brand. The collection expands on the sartorial streetwear creations that debuted on the runway with a spectrum of sport-inspired pieces, distinguished by the same kaleidoscopic aesthetics of the show.

To present the selection, Alessandro Michele envisioned a series of images inspired by archival catalogs as a cast of characters strikes dynamic poses against brightly colored backdrops alongside sporty props, captured by photographer Carlijn Jacobs.

With the heritage of both brands encoded in a trio of lines, a fixation on stripes plays out across ready-to-wear pieces that echo the silhouettes of athletic staples and leisurewear. Track pants feature the white Three Stripes of adidas on one leg, while the other is defined by the red and green Web of Gucci. Energetic prints portray how motifs like the adidas Trefoil and GG monogram find synergy to amplify two legacies. Conventionally formal pieces like leather heels, suede loafers, and silk scarves enter hybridized territory as well, as they are marked with casual codes. Similarly, retro aesthetics become intrinsically contemporary as they proclaim there are no rules when it comes to dressing up.

Reflecting a shared commitment to innovation, progress, sustainability goals and collective action, the collection features multiple pieces crafted with future-conscious material fabrications including polyester, cotton and viscose.

The orders index for textile machinery for the first quarter of 2022, processed by ACIMIT, the Association of Italian Textile Machinery Manufacturers, shows a slight decrease (-4%) compared to the same period from January to March 2021. In absolute value, the index stood at 117 points (basis: 2015 = 100).

On the domestic front orders shrank by fully 22%, whereas abroad the decline was more contained (-2%). The absolute value of the index in Italy was set at 136 points. On foreign markets, the index scored a value of 114.9 points.

ACIMIT President Alessandro Zucchi commented that: “The global pandemic and Russian-Ukrainian conflict have accentuated the climate of uncertainty for the whole of the textile industry. Criticalities already present in the past year (such as a sharp rise in prices of raw materials and their scarce availability, as well as increased transport costs) are now accentuated more than ever. While orders appear to have settled on foreign markets, domestically, following a strong recovery in 2021, we now have to deal with a general negativity permeating the Italian economy.”

The ongoing conflict in Ukraine, together with successive pandemic lockdowns in the main market for textile machinery manufacturers, namely China, have undermined the confidence of Italian companies in the sector. “I believe 2022 will be a transition year for the industry, as we await a calming international economic scenario. In the meantime,” adds Zucchi, “our association continues to work to strengthen the positioning of Italy’s textile machinery industry worldwide through promotional initiatives in collaboration with Ministry of Foreign Affairs and International Cooperation and Italian Trade Agency.”

The latest of these initiatives was carried out at the end of April, with the opening of an Italian technology training center for textile machinery in Mongolia, a Country that ranks among the world’s leading producers of raw cashmere. ACIMIT’s president concludes that, “With the training center starting its operations, our sector is laying the foundations for further business opportunities in an emerging market. I’m certain the initiative will bear a return in terms of image not only for individual Italian companies who are participating by supplying machinery, but on the entire Italian textile machinery sector as a whole.”

Organized by the partnership of Tüyap Fairs and Exhibitions Organization Inc. and Teknik Fairs Inc., the ITM 2022 International Textile Machinery Exhibition will be held at Istanbul Tüyap Fair and Congress Center on 14-18 June 2022. Hundreds of domestic and international exhibitors are looking forward to presenting their newest technologies for the first time at the ITM 2O22 Exhibition. Leading textile machinery manufacturers, global sector investors, and professional visitors are planning to come to the ITM 2022 Exhibition to examine the latest technologies closely.

Trade committees from dozens of countries are requesting to attend the ITM 2022 Exhibition, which is included in the ‘Domestic Organizations Covered by State Incentives’ list by the Ministry of Commerce. Bangladesh, India, Iran, Serbia, Czech Republic, Pakistan, Indonesia, Ethiopia, Malaysia, Mexico, Egypt and Vietnam are among the countries that requested procurement delegations.

The ITM 2022 Exhibition is of great importance for Turkish textile machinery and accessories manufacturers to increase their competitiveness in exports and to sign collaborations that will result in worldwide exports. Leading textile technology brands, which focus on product development and new productions during the pandemic conditions, are looking forward to the ITM 2022 Exhibition to present their products to the market and introduce them to their customers face to face. More than 300 manufacturers will make the world launches of their latest technological innovations at the ITM 2022 Exhibition.

• Low impact of Ukraine war on business performance in 1st quarter
• 12.2% increase in sales to €270.9 million based on growth in all four business units
• Adjusted EBITDA improves by 11.5% to €36.8 million

SGL Carbon generated consolidated sales of €270.9 million in Q1 2022 (Q1 2021: €241.5 million). This corresponds to an increase of €29.4 million or 12.2% compared to the same period of the prior year. All four business units contributed to the pleasing increase in sales. In parallel, adjusted EBITDA improved by 11.5% to €36.8 million in the reporting period.

Sales development
In the first three months of fiscal 2022, the sales increase of €29.4 million was driven by all four operating business units: Graphite Solutions (+€11.3 million), Carbon Fibers (+€6.6 million), Composite Solutions (+€7.2 million) and Process Technology (+€6.0 million).
In particular, sales to customers in the automotive and semiconductor industries and a significant recovery in the industrial applications segment were key factors in the increase in sales. Sales of the Process Technology business unit to customers in the chemical industry also developed pleasingly. The effects of the war in Ukraine, which has been ongoing since the end of February 2022, had only a little impact on SGL Carbon's sales performance in the 1st quarter.

Earnings development
Despite the increasingly difficult market environment in the course of Q1 2022, associated with temporary supply and production bottlenecks at their customers, temporarily interrupted transport routes, and significantly higher energy prices, SGL Carbon was able to keep the adjusted EBITDA margin almost stable year-on-year at 13.6%.  
Adjusted EBITDA increased by 11.5% to €36.8 million in the reporting period. Higher capacity utilization in the business units and product mix effects contributed to the improvement in earnings, together with the cost savings achieved as a result of the transformation. By contrast, higher raw material, energy and logistics costs as of end of February 2022 had a negative impact on earnings. The Carbon Fibers business unit was particularly affected by the energy price increases. One-time expenses of €9.2 million in conjunction with energy transactions burdened the Carbon Fibers business unit in the 1st quarter of 2022.  
To secure our production and delivery capabilities, around 85% of the energy requirements of the entire SGL Carbon for 2022 are price-hedged.
Adjusted EBITDA and EBIT do not include in total positive one-time effects and special items of €8.5 million, among other things from the termination of a heritable building right to a site no longer in use. Taking into account the one-time effects and special items presented as well as depreciation and amortization of €14.1 million, reported EBIT increased by 83.5% to €31.2 million (Q1 2021: €17.0 million). The net profit for the period developed correspondingly and more than tripled from €6.1 million to €21.4 million in a quarter-on-quarter comparison.

Outlook
The sales and earnings figures for the 1st quarter 2022 confirm the stable demand from different market segments. Price increases and volatility in the availability of raw materials, transportation services and energy were largely offset by savings from the transformation program and pricing initiatives at the customers.
For 2022, SGL Carbon continues to expect volatile raw material and energy prices, which were included in their forecast for 2022 at the time of planning. However, there are uncertainties about the extent and duration to which SGL Carbon and the customers will be affected by the impact of the war in Ukraine or temporary supply chain disruptions due to the lockdowns in China. Therefore, SGL Carbon's outlook for fiscal 2022 does not include supply and/or production interruptions at customers or the impact of a possible energy embargo that cannot be estimated at this time.  
SGL Carbon's forecast also implies that factor cost increases can be at least partially passed on to the customers through pricing initiatives. SGL Carbon has also included the revenue and earnings impact from the expiry of a supply contract with a major automobile manufacturer at the end of June 2022 in our forecast.

Mimaki Europe will be showcasing its latest innovative technologies and connecting with customers at FESPA 2022 Global Printing Expo (May 31st – June 3rd Berlin). Following the success of FESPA 2021, Mimaki will return as a gold sponsor for this landmark industry event. With a host of new solutions released this year, FESPA 2022 will be the first opportunity for Mimaki to demonstrate these printers and cutters at an international event and further explain the many benefits they offer sign and textile printing companies.

In the Spotlight
Standout technology on show includes the new 330 series, consisting of the JV330-160, the CJV330-160 and the TS330-1600. Launched during the company’s Global Innovation Days event, the 330 Series leverages Mimaki’s cross-platform strategy, to offer a high-end yet cost effective printing solution across several sectors. The eco-solvent inkjet printers, the JV330-160 and CJV330-160, boast innovative features such as the new media changer that allows three rolls of media to be loaded simultaneously, and the XY slitter, which provides in-line X-axis and Y-axis sheet-fed cutting. The TS330-1600, which will make its international tradeshow debut at FESPA, is a sublimation printer with an improved take-up system and optional add-ons to further increase efficiency, including a 10kg ink tank supply unit and a mini jumbo roll unit.

Additionally, FESPA visitors will see Mimaki’s all new CG-AR cutting plotter.

Urbanising FESPA 2022
In line with FESPA 2022’s tagline, ‘Experience print in motion’, Mimaki’s stand will bring a vibrancy to the show, by demonstrating real-world applications alongside the machines that created them. This year will see Mimaki’s stand convey the streets of Berlin in its design, and urban inspired works by designers, including Nicky Nahafahik and Xavier Protano, all printed using various Mimaki’s printing technologies and displayed on the stand - allowing visitors experience Berlin from inside the Messe Berlin halls. Mimaki will also join forces with Dutch designer Tessa Koops to create a selection of unique fashion items, after their successful collaborations in 2019.

Celebrating Customer Success
As a centrepiece of Mimaki’s stand, the customer gallery will return to FESPA 2022, showcasing and celebrating customer samples and testimonials. There will also be live demonstrations of Mimaki’s latest technologies in dedicated sign, UV and textile application areas. The latest UV printers on display include the UJV100, and the JFX and UJF series. The acclaimed 3D printer, the 3DUJ-2207, will also return to FESPA this year to showcase the many high-quality, full-colour models, including figurines, scale models and prototypes, achievable with this cost-efficient, entry-level printer.

To answer questions about the applications and Mimaki technologies, hospitality and meeting areas will provide space for one-to-one conversations with Mimaki experts.

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, welcomed 70-plus customers, suppliers and area supporters to its new Packaging Innovation Center on April 26 for a ribbon-cutting ceremony, tour and overview presentation.

Located at PCMC’s headquarters in Green Bay, the facility — focused on the printing and packaging industries — will serve as a resource for training, demonstrations and industry trials, along with research and development opportunities. The new center features the latest equipment for plate mounting, anilox roll laser cleaning, and central impression and inline flexographic printing.

PCMC’s current partners at the center include 3M, All Printing Resources Inc., AV Flexologic, Clean Planet, Fox Valley Flexo Services, Harper Corporation of America, Interflex Laser Engravers, INX International Ink Co., Miraclon, Rossini s.p.a., Sandon Global, tesa SE, Wikoff Color Corporation and XSYS, in addition to Hudson-Sharp, which is part of PCMC. In the future, PCMC will seek to expand the center’s capabilities by collaborating with additional innovative companies serving the flexographic printing industry.

ITM 2022: Rieter Further Improves Attractiveness of Ring and Compact-Spinning System

• Autoconer X6 is the key machine for highest efficiency
• Roving frame F 40 sets industry standard at 90 seconds only for doffing
• New top and bottom aprons NO-79201 offer greater durability
• i-Bearing enables 24/7 visibility for fast and smart decisions
• Berkolizer pro introduces easily adjustable UV treatment as industry-first
• European roll out of precision winder NEO-YW to launch in Turkey

Rieter is presenting the Autoconer X6 at the upcoming ITM 2022 in Istanbul (Turkey), taking place from June 14 to June 18, 2022, which further improves the attractiveness of the company’s ring and compact-spinning offering by completing the system. In addition, Rieter is showing the roving frame F 40 which doffs at 90 seconds only. SSM’s NEO-YW precision winder is launching into the European market while three key innovations in components are being introduced.

Opportunities and Challenges to the Spinning Industry

2021 was an unprecedented year for the global spinning industry. Driven by the market recovery after the pandemic and the regional shift of the industry, customers invested in new spinning systems at levels never experienced before. And despite the current uncertainties, customers continue to invest.

As market and technology leader, Rieter succeeded in this environment in posting a record order intake for 2021. This is clear evidence of the high level of trust customers have in Rieter. Dr. Norbert Klapper, CEO of Rieter, says: “Systems, machines, components, parts and services from Rieter have ensured competitiveness and success for customers over many years in the past and will continue to do so in the future.”

Dr. Klapper also comments on the challenges that lie ahead for the industry as it takes advantage of market opportunities: “The pandemic is not over yet, and business is exposed to dramatic cost increases as well as shortages in material supplies and logistics. In difficult times, it is important to work together even more closely than under normal circumstances. It’s all about true partnership and trust – the basis of Rieter’s business for 226 years.”

• Konica Minolta First to Launch Presses with EFI Fiery FS500 Pro Software and New Hardware  
• Five new Fiery servers reduce job prep time while helping to ensure colour accuracy and higher overall throughput  

Electronics For Imaging, Inc. and Konica Minolta Business Solutions Europe GmbH (Konica Minolta) have announced a continuation of their long-term partnership with the release of five new EFI™ Fiery® digital front ends (DFEs) based on the newest Fiery platform, Fiery FS500 Pro.
 
The new solutions EFI and Konica Minolta are announcing include:
·        EFI Fiery IC-319 and IC-318 v2 DFEs that will drive the Konica Minolta AccurioPress C14000/C12000 colour production presses for the high-end production printing market
·        EFI Fiery IC-319 and IC-318L v2 DFEs that will drive the Konica Minolta AccurioPress C7100/C7090 light-production colour presses
·        EFI Fiery IC-317 and IC-419 v2 DFEs that will drive the Konica Minolta AccurioPress C4080/C4070 and AccurioPrint C4065 printers.
 
“With these new EFI Fiery DFEs, we continue to extend the range of what AccurioPress users can achieve,” said Olaf Lorenz, General Manager DX Branding Division Konica Minolta, Inc. “We are pleased to be the first to bring these powerful new DFE solutions into our portfolio as they bring more competitive capabilities to Konica Minolta’s digital printing portfolio.”
 
EFI Fiery FS500 Pro servers offer a higher value proposition
 
“The Fiery FS500 Pro new platform offers advanced speed, higher automation and more capability than other digital front ends,” said John Henze, vice president of sales and marketing, EFI Fiery. “Intelligent automation solutions in these new EFI Fiery DFEs also save customers labour cost and time by minimising the need for manual inspection of print jobs, improving automated u management, and eliminating the need to print a test file to determine where to place finishing lines.
 
“All this decreases cycle time and increases customers’ profit opportunities, while ensuring that they can delight their clients with printing that gets completed accurately and quickly. Reducing the time prepress and press operators must spend on these repetitive tasks also helps print business owners make staff more efficient, offsetting the difficulties they have hiring and retaining talent in today’s labour-constrained economy.”

Um erfolgreich zu segeln, muss alles zusammenkommen: Kraft, Ausdauer und Erfahrung des Teams, modernste Technik und bestes Material rund um das Boot. Besonders, wenn es um die Highspeed-Variante des Segelns geht, das Foilen. Durch gewölbte Tragflügel am Rumpf, die Foils, hebt sich das Boot beim Segeln aus dem Wasser, reduziert so den Wasserwiderstand und erreicht eine Spitzengeschwindigkeit von 35 Knoten bzw. 65 Kilometern pro Stunde. Die hohen Geschwindigkeiten und die raue Umgebung – Sonne, Wind und Salzwasser – stellen enorme Anforderungen an das verwendete Material. SEILFLECHTER produziert die notwendigen anspruchsvollen Seile und lässt sie von einem erfolgreichen Segler testen, Lukas Hesse.

Derzeit ist Lukas Hesse, 22 Jahre, Deutscher Meister 2020 auf der 49er Jolle, mit dem Schweizer Jann Schüpbach und der Hawaiianerin CJ Perez als „Clean Sailors Youth Racing Team“ beim 69F Youth Foiling Gold Cup am Start. Eins der fünf Rennen, die Bacardi Cup Invitational Regatta in Miami, hat das Team Mitte März auf ihrer Persico 69F gewonnen.

Das erfolgreiche Racing-Team arbeitet mit der gemeinnützigen Organisation Clean Sailors zusammen, die sich den besseren Schutz der Umwelt auf die Fahnen geschrieben hat und einen neuen Standard für sauberes Segeln innerhalb der globalen Segelgemeinschaft setzen will. Der Fokus liegt dabei auf langlebigen und performanten Materialien und dem Re- bzw. Upcycling von gebrauchtem Material. SEILFLECHTER unterstützt Clean Sailors bei diesen Vorhaben.

Lukas Hesse setzt voll auf die Top-Seile von SEILFLECHTER. Sie sind belastbar und robust und tragen so dazu bei, das Segeln umweltfreundlicher zu machen. Die Erfahrungsberichte von Lukas Hesse helfen SEILFLECHTER, die Seile kontinuierlich zu optimieren.

Lenzing – In the first quarter of 2022, the Lenzing Group, like the entire manufacturing industry, was significantly affected by the extreme developments in global energy and commodity markets. A predominantly positive market environment and the strategic focus on specialty fibers such as those of the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ brands nevertheless ensured a solid revenue and earnings trend, with the effect of higher costs being largely offset.

•    Solid revenue and earnings performance despite extremely tight cost situation
•    Personnel changes on the Managing and Supervisory Boards – Stephan Sielaff appointed as the new CEO
•    Successful production start at world’s largest lyocell plant in Thailand
•    World’s largest pulp mill of its kind successfully started-up in Brazil
•    Premium textile brand TENCEL™ celebrates 30 years of sustainable fiber innovation

The Lenzing Interim Report 01-03/2022 is available on the company website.