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06.04.2023

Autoneum: Acquisition of Borgers Automotive successfully completed

The acquisition of the automotive business of Borgers, announced in January 2023, has been completed with effect from April 1, 2023, following receipt of all antitrust approvals. As a result, Autoneum now operates 67 production facilities worldwide and employs around 16 100 people in 24 countries. With the acquisition of the long-established German company, Autoneum is further expanding its global market leadership in sustainable acoustic and thermal management of vehicles. For the planned capital increase of around CHF 100 million for the long-term financing of the acquisition, the shareholders approved the creation of a capital band.

The purchase agreement signed on January 6, 2023, to acquire the assets of the insolvent Borgers companies by Autoneum could be completed. As a result, Autoneum will take over the assets of the Borgers companies in Germany and the shares in the subsidiaries in France, Poland, Sweden, Spain, the Czech Republic, the United Kingdom and the USA as well as in the company in Shanghai, China, with effect from April 1, 2023. As already communicated, the enterprise value paid amounts to EUR 117 million.

The acquisition of the automotive business of Borgers, announced in January 2023, has been completed with effect from April 1, 2023, following receipt of all antitrust approvals. As a result, Autoneum now operates 67 production facilities worldwide and employs around 16 100 people in 24 countries. With the acquisition of the long-established German company, Autoneum is further expanding its global market leadership in sustainable acoustic and thermal management of vehicles. For the planned capital increase of around CHF 100 million for the long-term financing of the acquisition, the shareholders approved the creation of a capital band.

The purchase agreement signed on January 6, 2023, to acquire the assets of the insolvent Borgers companies by Autoneum could be completed. As a result, Autoneum will take over the assets of the Borgers companies in Germany and the shares in the subsidiaries in France, Poland, Sweden, Spain, the Czech Republic, the United Kingdom and the USA as well as in the company in Shanghai, China, with effect from April 1, 2023. As already communicated, the enterprise value paid amounts to EUR 117 million.

The product and customer range of Borgers Automotive, the specialist for textile acoustics protection, insulation and trim for vehicles, ideally complements Autoneum’s sustainable product portfolio. Particularly with the wheel arch liner and trunk lining product lines as well as the truck business, Autoneum’s global presence offers further potential for profitable growth also outside Europe. In addition, Borgers has more than 150 years of experience in recycling textile materials. In the 2022 financial year, the Borgers Group – excluding the mechanical engineering division which was already sold in the summer of 2022 – generated expected annual revenue of around EUR 700 million and employed around 4 500 employees worldwide. Autoneum has agreed new pricing and delivery terms with Borgers’ customers, which will ensure both sustainable profitability and the further development of technologies and processes.

From April 1, the former Borgers sites in Germany will be part of Autoneum Germany GmbH, which has been in existence for many years. The other subsidiaries worldwide will gradually be renamed Autoneum.

More information:
Autoneum Borgers
Source:

Autoneum Management AG

09.01.2023

Autoneum takes over automotive business of Borgers Group

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

Autoneum is acquiring Borgers from insolvency and has agreed new pricing and delivery terms with its customers. These will ensure sustained profitability and the further development of product and process technologies in both the short and long term.

The transaction will initially be financed through a new credit facility which is available in addition to the syndicated loan of CHF 350 million renewed in October 2022. A capital increase in the amount of approximately CHF 100 million is planned for the long-term refinancing of the acquisition. Autoneum’s two largest shareholders, Artemis Beteiligungen I AG and PCS Holding AG, have agreed to participate in the capital increase in proportion to their current shareholdings. Even taking into account the aforementioned capital increase, the transaction will generate a positive earn-ings per share contribution from the outset.

Source:

Autoneum Management AG

06.09.2022

SGL Carbon increases sales and earnings guidance again for 2022

Due to the continued good business development, especially in the Carbon Fibers Business Unit, SGL Carbon SE is increasing its Group sales and earnings guidance for the current fiscal year and now expects Group sales of approximately €1.2 billion (previously: approximately €1.1 billion). The company expects to achieve adjusted EBITDA (EBITDA pre = earnings before interest, taxes, depreciation and amortization before one-off effects and non-recurring items) of €170 - €190 million (previously: €130 - €150 million) in 2022.

Based on lower prices for acrylonitrile as main raw material of the Business Unit Carbon Fibers as well as higher than expected customer demand for acrylic and carbon fibers combined with consistently good production capacity utilization and capability, the management of SGL Carbon SE assumes an improved earnings development of this Business Unit.

Due to the continued good business development, especially in the Carbon Fibers Business Unit, SGL Carbon SE is increasing its Group sales and earnings guidance for the current fiscal year and now expects Group sales of approximately €1.2 billion (previously: approximately €1.1 billion). The company expects to achieve adjusted EBITDA (EBITDA pre = earnings before interest, taxes, depreciation and amortization before one-off effects and non-recurring items) of €170 - €190 million (previously: €130 - €150 million) in 2022.

Based on lower prices for acrylonitrile as main raw material of the Business Unit Carbon Fibers as well as higher than expected customer demand for acrylic and carbon fibers combined with consistently good production capacity utilization and capability, the management of SGL Carbon SE assumes an improved earnings development of this Business Unit.

SGL Carbon assumes that the factors mentioned will continue at least until the end of the year and that the earnings situation of the Business Unit Carbon Fibers will exceed previous expectations. Combined with the continued good business development of the other three Business Units (Graphite Solutions, Process Technology and Composite Solutions), an improvement in the sales and earnings situation at Group level is expected.

In line with the forecast increase for adjusted EBITDA (EBITDA pre) to between €170 and €190 million (previously: €130 - €150 million), the company is forecasting adjusted EBIT (earnings before interest and taxes and before one-off effects and non-recurring items) of between €110 and €130 million (previously: €70 - €90 million). The forecast for return on capital employed (ROCE) of originally 7% - 9% has been raised to 10% to 12% corresponding to the development of earnings. The expectations for free cash flow (significantly below previous year's level of €111.5 million) remain unaffected by the expected improvement in sales and earnings.

The updated forecast for fiscal 2022 has been prepared on the basis of the currently prevailing market environment and assumes no deterioration in the general conditions, in particular due to the war in Ukraine and its consequences for the global economy.
 
The definition of key figures used in this release is aligned to the Annual Report 2021. There were no changes in the scope of consolidation or accounting methods compared with the previous guidance.

Source:

SGL CARBON SE

INDA Announces Six New Board Members and Officers (c) INDA
INDA New BOD Members 2022
08.03.2022

INDA Announces Six New Board Members and Officers

  • INDA, the Association of the Nonwoven Fabrics Industry, today announced six new board members and its 2022 slate of officers to guide the success of the nonwovens industry and its members.

Elected by the INDA membership to three-year terms that began on March 1, the new board members bring a high level of diverse expertise and insight to the management of the association as it moves forward with its vibrant growth.

“I am delighted to welcome such a strong group of new board members who bring deep industry knowledge and insights to provide strategic stewardship for our association,” said Dave Rousse, INDA President. “We look forward to working with them to advance INDA’s new value proposition to enhance our industry’s leadership position and deliver greater value to our members.”

The new board members are from global leaders Lenzing Group, Bast Fibre Technologies, Reifenhauser Reicofil, Rockline Industries, Hollingsworth & Vose Company and Principle Business Enterprises.  

  • INDA, the Association of the Nonwoven Fabrics Industry, today announced six new board members and its 2022 slate of officers to guide the success of the nonwovens industry and its members.

Elected by the INDA membership to three-year terms that began on March 1, the new board members bring a high level of diverse expertise and insight to the management of the association as it moves forward with its vibrant growth.

“I am delighted to welcome such a strong group of new board members who bring deep industry knowledge and insights to provide strategic stewardship for our association,” said Dave Rousse, INDA President. “We look forward to working with them to advance INDA’s new value proposition to enhance our industry’s leadership position and deliver greater value to our members.”

The new board members are from global leaders Lenzing Group, Bast Fibre Technologies, Reifenhauser Reicofil, Rockline Industries, Hollingsworth & Vose Company and Principle Business Enterprises.  

INDA also announced Bryan Haynes, Ph.D., R&E Technical Director Kimberly-Clark, has been named Chairman of the Board. Barbara Lawless, Vice President Sales and Marketing, Medical Products, Precision Fabrics Group, Inc. has been elected Vice Chair of Finance, and Richard Altice, President and CEO of NatureWorks, has been appointed to INDA’s Executive Committee.

The new board members are:

  • Jürgen Eizinger, Senior Commercial Director, Nonwovens Business EU/AM/MEA, Lenzing Group

Eizinger has nearly 20 years of fiber industry experience. He has been with the Lenzing Group since 2001 and most recently was Vice President of the Global Nonwoven Business. He has worked at multiple locations around the world and held various commercial, engineering and technical customer services roles.

  • Jim Posa, President and General Manager, Bast Fibre Technologies, Inc.

Posa has 30-plus years of nonwovens experience and has successfully led businesses from startups to some of the largest companies in the nonwovens market. He has developed and implemented strategic business, development, operational and acquisition growth plans. His teams have worked with businesses focused on most of the major end use markets such as hygiene, wipes, filtration, medical and industrial. As a senior executive, Posa has led global businesses at Fiberweb, BP/Amoco, CEO of a Nisseki/Amoco joint venture (ANCI), Lydall, and Nitto America. A long-time INDA supporter, he has previously served on committees and as a Board member.

  • Markus Mueller – Sales Director and Board Member, Reifenhauser Reicofil

Mueller brings to the INDA Board 35 years of experience with Reifenhauser in the nonwovens and film industries. His experience has included roles as PLC Engineer, Commissioning Engineer, Project Manager and Sales Manager. Mueller has extensive knowledge of the global hygiene and medical nonwovens markets. He holds a degree in Electrical Engineering from the Technical University of Cologne.

  • Matt Koele, Director of Global Materials Development, Rockline Industries

Koele is based at Rockline’s headquarters in Sheboygan, WI.  Before joining Rockline in 2012, he has held several business and Research and Development (R&D) leadership positions at SC Johnson and Kimberly-Clark Corporation. An inventor with over 10 patents, Koele is a magna cum laude graduate of Michigan Technological University in Chemical Engineering.

  • Mike Clark, President, Filtration Solutions, Hollingsworth & Vose Company

Clark joined H&V in 2003 and has held numerous leadership positions in the U.S. and Germany. He previously served as the President of the High Efficiency and Specialty Filtration Division from 2009 to 2020.  Before joining H&V, Clark was a strategy consultant for eight years working with Fortune 100 manufacturing companies. He holds a bachelor’s in Mechanical Engineering from Rensselaer Polytechnic Institute.

  • Andrew Stocking, Ph.D., President and CEO, Principle Business Enterprises, Inc. (PBE)

Stocking joined PBE in 2017 after a career in engineering, technology, nonprofits and government. He was named President and COO in 2018, then President and CEO in 2020, becoming the third-generation leader of the family-owned organization. He previously held roles in the private sector and within federal government offices, including the Department of Energy and Congressional Budget Office. He earned a BS in Chemical Engineering and an MS in Civil Engineering from Stanford University, and a Ph.D. in Resource Economics from the University of Maryland.

The 21-member board is comprised of elected Board Officers. One-third of the entire Board is elected each year for a three-year term by a majority vote of INDA’s general membership. INDA’s Executive Committee, empowered to act on behalf of the Board between meetings, consists of the Board Officers plus four appointees.

Source:

INDA, Association of the Nonwoven Fabrics Industry

30.08.2021

The Renewable Carbon Initiative RCI is joining forces

  • From fossil to renewable materials: Members advocate policy analysis and focused implementation of the renewable carbon strategy

The members of the Renewable Carbon Initiative (RCI) (www.renewable-carbon-initiative.com), founded in September 2020, have joined forces to shape the transition from the fossil to the renewable age for the chemical and materials industry. This means spreading the concept of renewable carbon and developing new value chains based on renewable carbon as a feedstock.

In the meantime, several activities have started from which future members can benefit as well. First and foremost is the kick-off to comprehensive policy analysis. What influence will forthcoming regulation have on chemicals, plastics, and other materials? When and where should the renewable carbon idea be emphasized and referred to?

The policy analysis will examine pending policies in the European Union – and a later expansion to America and Asia is planned as well.

  • From fossil to renewable materials: Members advocate policy analysis and focused implementation of the renewable carbon strategy

The members of the Renewable Carbon Initiative (RCI) (www.renewable-carbon-initiative.com), founded in September 2020, have joined forces to shape the transition from the fossil to the renewable age for the chemical and materials industry. This means spreading the concept of renewable carbon and developing new value chains based on renewable carbon as a feedstock.

In the meantime, several activities have started from which future members can benefit as well. First and foremost is the kick-off to comprehensive policy analysis. What influence will forthcoming regulation have on chemicals, plastics, and other materials? When and where should the renewable carbon idea be emphasized and referred to?

The policy analysis will examine pending policies in the European Union – and a later expansion to America and Asia is planned as well.

A particular focus will be placed on upcoming policies and regulations and how they impact renewable carbon. The members are currently deciding on where to start specifically, but questions that may be considered are: What does the new climate law and the “Fit for 55-Package” mean for chemicals and materials? What can be expected from REACH and microplastics restrictions? How relevant is the “Sustainable Products Initiative” and the coming restrictions for Green Claims? Circular Economy, Zero Pollution and Sustainable Financing are keywords of the future European landscapes, which might become very concrete for chemistry and materials in the next few years. To what extent the concept of renewable carbon for materials is considered in policy already and how it could be further introduced in future legislation are two of the main questions investigated in the working group “Policy”.

This working group is open to all members of RCI. Policy experts provide the respective analysis as a foundation, organising discussions between members of the policy group and plan meetings with policymakers to introduce the Renewable Carbon concept.

Additional working groups have been created, one with a focus on communication, the other looking at the development of a renewable carbon label. In early September, a renewable carbon community will be launched as a starting point for even more interaction between the members, to discuss strategies, create new value chains and start project consortia.

The Renewable Carbon Initiative (RCI) is a dynamic and ambitious group of interested parties. Membership numbers have now more than doubled since the launch almost a year ago, with RCI now boasting 25 members, 6 partners and over 200 supporters. It welcomes all companies that are on the way to transform their resource base from fossil to renewable.

More information:
Renewable Carbon Initiative
Source:

nova-Institut für politische und ökologische Innovation GmbH für RCI

29.07.2021

Autoneum benefited from market dynamics

Solid net profit and further strengthening of the balance sheet thanks to significant revenue and profitability increases

The automobile industry recovered significantly in the first half of 2021 compared to the prior-year period, which had been impacted by the effects of the coronavirus pandemic. Autoneum benefited from the market dynamics and managed to increase its revenue in local currencies by 24.3% in the first semester. EBIT rose to CHF 44.7 million thanks to higher revenues and further progress in the turnaround in North America, corresponding to an EBIT margin of 5.0%. The strong free cash flow of CHF 67.2 million has allowed for a further reduction in net debt.

Solid net profit and further strengthening of the balance sheet thanks to significant revenue and profitability increases

The automobile industry recovered significantly in the first half of 2021 compared to the prior-year period, which had been impacted by the effects of the coronavirus pandemic. Autoneum benefited from the market dynamics and managed to increase its revenue in local currencies by 24.3% in the first semester. EBIT rose to CHF 44.7 million thanks to higher revenues and further progress in the turnaround in North America, corresponding to an EBIT margin of 5.0%. The strong free cash flow of CHF 67.2 million has allowed for a further reduction in net debt.

In the first half of 2021, 29.2% more light vehicles were produced worldwide than in the coronavirus-hit first half of 2020. The market recovery, though significant, was hampered by the global semiconductor shortage, which led to temporary production stoppages and manufacturers producing lower vehicle volumes. Autoneum increased revenue in local currencies by 24.3% in the first six months. In Swiss francs, revenue climbed by 21.9% to CHF 890.3 million. Business Group SAMEA (South America, Middle East and Africa) grew clearly above market, while the shortage of semiconductors in North America in particular impacted the production of models supplied by Autoneum and the revenue development of Business Group North America.

Autoneum managed to improve its operating result (EBIT) considerably by CHF 76.5 million in the first six months compared to the prior-year period. In addition to higher revenues, this was mainly due to the immediate and sustainable adjustment of the cost structure in all Business Groups to the new market reality in 2020 as well as the improved earnings achieved in the turnaround program in North America. Higher material costs, however, had a negative impact on the operating result. EBIT in the amount of CHF 44.7 million (prior-year period: CHF –31.8 million) corresponds to an EBIT margin of 5.0% (prior-year period: –4.4%).

The development of global light vehicle production in the second half of 2021 remains uncertain due to the semiconductor shortage. Although there is a high demand from end customers in all regions, it can be assumed that the shortage of chips will continue to impact automobile production in the second half of the year, but not as severely as in the second quarter of the first half-year.

Revenue in the second half-year 2021 is expected to be higher than in the first semester. Based on the unfavorable allocation of semiconductors to vehicle models supplied by Autoneum in the first half of 2021, revenue development is likely to be slightly below market for the full year 2021. With an easing of the semiconductor shortage, this will normalize.

Source:

Autoneum Management Ltd

16.07.2021

Eruslu Nonwovens Group: Entering Biodegradable Nonwoven Market with Truetzschler Nonwovens’ Machinery

Truetzschler Nonwovens will deliver equipment to enlarge an existing spunlacing line - put into operation in 2015 at the Turkish Eruslu Nonwovens Group - into a flexible, state-of-the-art production line for various light to heavy weight sustainable nonwovens.

Last year Eruslu decided to broaden its portfolio in the wipes segment by adding biodegradable products from renewable resources. The group took full advantage of the 2015 small capacity line and went for:

  • a second NCR random and a NCA airlay card
  • fiber preparation and card feeding equipment for the two new cards
  • more hydraulic power to reliably and efficiently hydroentangle multi-layer webs
  • an extension to the dryer for increased evaporation capacity

After starting up in the second half of 2022, Eruslu will be operating an ultra-modern, highly flexible NCR-NCA-NCR spunlace line, the first of its kind in Turkey. The line is tailor-made to process virgin cotton fibers, comber noils and short fibers at high speeds. End products are top-quality, lightweight natural wipes or heavy-weight, three-layer nonwovens for cosmetic pads.

Truetzschler Nonwovens will deliver equipment to enlarge an existing spunlacing line - put into operation in 2015 at the Turkish Eruslu Nonwovens Group - into a flexible, state-of-the-art production line for various light to heavy weight sustainable nonwovens.

Last year Eruslu decided to broaden its portfolio in the wipes segment by adding biodegradable products from renewable resources. The group took full advantage of the 2015 small capacity line and went for:

  • a second NCR random and a NCA airlay card
  • fiber preparation and card feeding equipment for the two new cards
  • more hydraulic power to reliably and efficiently hydroentangle multi-layer webs
  • an extension to the dryer for increased evaporation capacity

After starting up in the second half of 2022, Eruslu will be operating an ultra-modern, highly flexible NCR-NCA-NCR spunlace line, the first of its kind in Turkey. The line is tailor-made to process virgin cotton fibers, comber noils and short fibers at high speeds. End products are top-quality, lightweight natural wipes or heavy-weight, three-layer nonwovens for cosmetic pads.

Source:

Trützschler Nonwovens & Man Made Fibers GmbH

ANDRITZ Nonwoven bietet innovative Lösungen zur Optimierung des Ressourcenverbrauchs (c)ANDRITZ
Spunlace pilot line
28.04.2021

ANDRITZ Nonwoven offers innovative solutions for optimization of raw material consumption

International technology Group ANDRITZ has always been at the forefront in providing innovative and sustainable solutions for the global nonwovens industry. Optimization of resource management, especially reducing the consumption of raw materials and other substances used and also keeping resources in use for as long as possible, are decisive factors in enabling nonwovens producers to offer competitive and sustainable products.

As a world market leader for nonwovens production equipment and services, ANDRITZ offers a full range of products to meet these challenging demands.

International technology Group ANDRITZ has always been at the forefront in providing innovative and sustainable solutions for the global nonwovens industry. Optimization of resource management, especially reducing the consumption of raw materials and other substances used and also keeping resources in use for as long as possible, are decisive factors in enabling nonwovens producers to offer competitive and sustainable products.

As a world market leader for nonwovens production equipment and services, ANDRITZ offers a full range of products to meet these challenging demands.

Maximizing the evenness of the product across the entire production line is one of the key success factors. The weight profiling product range of ANDRITZ – consisting of ProDynTM and ProWidTM – has been extended by ProWinTM. This new development is the combination of the two existing systems ProDynTM and ProWidTM. It allows nonwovens producers to achieve optimum weight profiling at the crosslapper delivery and increase their process speed by up to 15% at the same time. ProWin combines the long-term process experience and in-depth knowledge ANDRITZ has on needlepunch lines with innovative software to synchronize action across the line. Guillaume Julien, Head of Needlepunch Sales at ANDRITZ Nonwoven, explains,

“We have developed a self-regulating, advanced technology to reduce fiber deposits at the edges of the web and eliminate the “smile” effect across its width. ProWin enables producers to optimize the CV ratio autonomously and precisely while also generating significant fiber savings of up to 10% and increasing production speed. Thus, it also provides a faster ROI.“

When it comes to the spunlace process, a better product quality can be obtained by ensuring that the different equipment units in the production line are consistent with one another. The TT card, the Jetlace hydroentanglement unit, and the neXdry through-air dryer are the perfect combination to obtain premium visual quality and characteristics in the web. For an equivalent amount of fibers, this set-up is designed to produce an even web with significant bulkiness and an excellent MD:CD ratio without impacting the production capacity.

Maximizing performance by minimizing the raw material input and the amount of waste produced is a real driver of cost optimization. This is why ANDRITZ has created and integrated a solution that allows nonwovens producers to retrieve the wasted edges of their spunlace fabric and re-use it as recycled fibers. As a result, roll-good producers can even obtain the same web characteristics as when using virgin fibers, and most importantly, the exact same quality.

ANDRITZ also offers – under the brand Metris – ANDRITZ digital solutions – a variety of several service apps for optimum customer benefit. The Metris Cost Management app is used to track raw material consumption. It is an advanced system aimed at monitoring fiber consumption and allowing in-depth diagnoses to investigate raw material losses and savings grouped by different process areas. Thanks to this Metris application, ANDRITZ customers are able to optimize their system’s consumption of raw materials.

All these innovations are available in ANDRITZ’s technical centers, where ANDRITZ process experts will be glad to welcome customers in order to discuss and define their product expectations.

27.01.2021

Rieter: First Information on the Financial Year 2020

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

At the end of 2020, the company had an order backlog of about CHF 560 million (December 31, 2019: about CHF 500 million).

As expected, as a consequence of the economic effects of the COVID-19 pandemic, the Rieter Group closed the 2020 financial year with considerably lower sales than in the previous year. According to the first, as yet unaudited figures, total sales of CHF 573.0 million were achieved, which corresponds to a decrease of 25% compared to the previous year (2019: CHF 760.0 million).

Order Intake by Business Group
All three business groups were affected by the slump in demand in the second quarter of 2020 due to the COVID-19 pandemic. Despite the recovery in order intake in the third and fourth quarters of 2020, the weak second quarter was only partially offset.

The Business Group Machines & Systems was particularly hard hit by the effects of the pandemic, with a year-on-year decline of 35%. The Business Groups Components and After Sales each recorded a 24% reduction in order intake.*

Sales by Business Group
The exceptional market situation in 2020 gave rise to a significant decline in sales in all three business groups. Accordingly, reluctance to invest and deferred deliveries by customers caused sales in the Business Group Machines & Systems to decline by 24% compared to the previous year.

Due to COVID-19, a large number of spinning mills stopped production worldwide. This led to low demand for spare parts and wear parts, especially in the second and third quarters of 2020. Accordingly, compared to the previous year, sales in the Business Groups Components and After Sales fell by 24% and 27% respectively in the 2020 financial year.*

Sales by Region
With the exception of Turkey, all regions were affected by the low demand as a consequence of the COVID-19 pandemic.*

EBIT Margin and Net Profit
In the 2020 financial year, Rieter anticipates an EBIT margin of around -15% (2019: 11.2%) and net profit of around -16% of sales (2019: 6.9%). As of December 31, 2020, Rieter had liquid funds of exceeding CHF 280 million and unused credit lines in the mid three-digit million range.

First Half of 2021 Still Heavily Impacted by the COVID-19 Pandemic
Thanks to the improved capacity utilization, Rieter is planning short-time working in only a few areas in the first half of 2021. Nevertheless, Rieter expects sales in the first half of 2021 to be below the break-even point.*

Change to the Group Executive Committee
With effect from March 1, 2021, the Board of Directors of Rieter Holding Ltd. has appointed Roger Albrecht as Head of the Business Group Machines & Systems and a member of the Group Executive Committee.*

Annual General Meeting April 15, 2021
The 2021 Annual General Meeting of Rieter Holding Ltd. will take place in Winterthur on April 15, 2021.*


*See attached document for more information.

Source:

Rieter Management AG

28.07.2020

Autoneum: Corona-related slump in revenue – bottom point overcome

The coronavirus pandemic and its massive impact on the automotive industry led to an un-precedented market slump in the first half of 2020 and a corresponding revenue decline at Autoneum. Revenue in local currencies fell by –32.7% compared to the prior-year period, and in Swiss francs by –36.8% to CHF 730.6 million. The turnaround program for the North American sites made further progress in the first six months and is showing the targeted results. However, they were clearly overcompensated by the massive impact of the corona-virus crisis, which led to a negative net result of CHF –54.9 million despite comprehensive cost flexibilization measures.

The coronavirus pandemic and its massive impact on the automotive industry led to an un-precedented market slump in the first half of 2020 and a corresponding revenue decline at Autoneum. Revenue in local currencies fell by –32.7% compared to the prior-year period, and in Swiss francs by –36.8% to CHF 730.6 million. The turnaround program for the North American sites made further progress in the first six months and is showing the targeted results. However, they were clearly overcompensated by the massive impact of the corona-virus crisis, which led to a negative net result of CHF –54.9 million despite comprehensive cost flexibilization measures.

Like the entire automobile industry, Autoneum was massively impacted by the effects of the corona-virus pandemic in the first half of the year. The temporary plant closures at almost all customers in every region, especially in the second quarter of the year, not only led to an unprecedented market collapse, but also to a production stop at all 55 Autoneum sites. Starting in February in China and one month later in all other regions, vehicle manufacturers temporarily shut down production completely. The corresponding massive drop in global vehicle production led to a slump in revenue at Autoneum of –32.7% in local currencies. This reflects the development of the market in the first half of 2020, which contracted by –33.2% year-on-year. Revenue in Swiss francs at Autoneum fell by –36.8% to CHF 730.6 million (prior-year period: CHF 1 156.1 million). Revenue development in all Business Groups outperformed the respective markets, particularly in Asia and the SAMEA (South America, Middle East and Africa) region.


 Like the entire automobile industry, Autoneum was massively impacted by the effects of the corona-virus pandemic in the first half of the year. The temporary plant closures at almost all customers in every region, especially in the second quarter of the year, not only led to an unprecedented market collapse, but also to a production stop at all 55 Autoneum sites. Starting in February in China and one month later in all other regions, vehicle manufacturers temporarily shut down production com-pletely. The corresponding massive drop in global vehicle production led to a slump in revenue at Autoneum of –32.7% in local currencies. This reflects the development of the market in the first half of 2020, which contracted by –33.2% year-on-year. Revenue in Swiss francs at Autoneum fell by –36.8% to CHF 730.6 million (prior-year period: CHF 1 156.1 million). Revenue development in all Business Groups outperformed the respective markets, particularly in Asia and the SAMEA (South America, Middle East and Africa) region.

Autoneum promptly responded to the pandemic-related market slump by adopting extensive cost-cutting measures in all regions. These include the reduction of employee costs by, among other things, adjusting time accounts, introducing short-time work at eligible locations and temporary layoffs as well as headcount reduction, mainly among temporary workers. In addition, operating expenditures were limited to the absolutely necessary. The investment volume for 2020, already reduced from previous years, was downsized even further. Autoneum continues to benefit in this regard from the high level of investments undertaken in recent years.

 Although the coronavirus crisis and the measures taken to contain it dominated Autoneum’s course of business in the first half of 2020, the Company achieved necessary operational and financial im-provements during this period. The comprehensive turnaround program for the North American sites made further progress and is on track. Efficiency improvements already achieved there had a posi-tive effect on the figures of the first half-year, but were significantly overcompensated by the substan-tial impact of the COVID-19 crisis. Savings and cost flexibilization measures taken immediately and implemented worldwide in view of the revenue loss could not offset the ongoing, capacity-related fixed costs. This led at the Group level to a negative EBIT of CHF –31.8 million (prior-year period: CHF 16.4 million), which equates to an EBIT margin of –4.4% (prior-year period: 1.4%). The net result decreased because of the severe revenue shortfall to CHF –54.9 million (prior-year period: CHF –6.0 million).

Outlook
For 2020 Autoneum expects revenue to develop at market level. Although customers’ production volumes should increase again in the second half of 2020 compared with the first semester, latest fore-casts indicate that they will remain clearly below the level of the second half of 2019. Immediately implemented and ongoing cost reduction measures as well as further operational optimizations also within the turnaround program in North America will lead to improvements in the second half of the year. Due to the current uncertainties, a reliable statement on the net result for the full year 2020 thus cannot be made. With regard to the mid-term targets, a recovery of the profitability level is expected, but it will largely depend on the market development.

Source:

Autoneum Management AG

President of Indonesia Inaugurates Country’s Largest Viscose Rayon Facility (c) APR
President of Indonesia Inaugurates Country’s Largest Viscose Rayon Facility
21.02.2020

APR: New Viscose Rayon Facility

  • Investment of Rp. 15 trillion (USD1,1 billion) in facility
  • Supports development of national textile industry and ‘Making Indonesia 4.0’ roadmap

The President of Indonesia, Joko Widodo, today inaugurated Indonesia's largest integrated viscose rayon production facility, injecting a boost for the country’s textile sector and the Indonesian Government’s industrial 4.0 development strategy.

The new Asia Pacific Rayon (APR) facility is located in the same production complex as APRIL Group in Pangkalan Kerinci, Riau province, Sumatra. This co-location allows integrated operations where renewable plantation pulp supply from APRIL feeds directly to APR for viscose rayon production. The new operation represents a total investment of approximately Rp.15 trillion (USD1.1 billion).

The APR facility has an annual production capacity of 240,000 tons. The inauguration ceremony included the signing of a plaque by President Widodo and the symbolic sealing by the President of an export container with 10,190 tons of viscose rayon fibre for shipment to Turkey, one of APR’s key export markets, and another 12,000 tons to Central Java.

  • Investment of Rp. 15 trillion (USD1,1 billion) in facility
  • Supports development of national textile industry and ‘Making Indonesia 4.0’ roadmap

The President of Indonesia, Joko Widodo, today inaugurated Indonesia's largest integrated viscose rayon production facility, injecting a boost for the country’s textile sector and the Indonesian Government’s industrial 4.0 development strategy.

The new Asia Pacific Rayon (APR) facility is located in the same production complex as APRIL Group in Pangkalan Kerinci, Riau province, Sumatra. This co-location allows integrated operations where renewable plantation pulp supply from APRIL feeds directly to APR for viscose rayon production. The new operation represents a total investment of approximately Rp.15 trillion (USD1.1 billion).

The APR facility has an annual production capacity of 240,000 tons. The inauguration ceremony included the signing of a plaque by President Widodo and the symbolic sealing by the President of an export container with 10,190 tons of viscose rayon fibre for shipment to Turkey, one of APR’s key export markets, and another 12,000 tons to Central Java.

The ceremony was also graced by the Minister of Industry, Agus Gumiwang Kartasasmita, the Minister of Trade Agus Suparmanto, the Governor of Riau, Syamsuar, RGE Founder and Chairman Sukanto Tanoto, and Anderson Tanoto, Director, RGE.

Speaking at the inauguration, President Widodo welcomed APR's investment in the development of the national textile industry. The role of the private sector was influential in driving economic growth, alongside the stimulus provided by the Government, he said. “Our garment industry should be greater than Vietnam. We already have our own raw materials here, such as viscose rayon, to support the industry,” he said.

Economic Contribution
APR’s business aligns with President Jokowi's vision to encourage more value-added investment in the nation and the strengthening of the national textile and textile product (TPT) industry, as set out in the Making Indonesia 4.0 Road map. In addition, the production of viscose rayon will reduce dependence on the import of textile raw materials, particularly cotton, to meet domestic demand.

Agus Gumiwang Kartasasmita, Minister for Industry, said: “By optimising the availability and use of raw materials originating from Indonesia, we can boost the performance of our textile sector. This is just one of several steps we are taking to continue to improve the performance and competitiveness of the labour-intensive industry.”

Basrie Kamba, Director APR, said: “The presence of APR will have a positive impact on employment and business opportunities for small and medium-sized businesses in the upstream and downstream sectors of the textiles and textile products industry. We are honoured and grateful to President Jokowi for inaugurating our new facility”.

In addition to Turkey, APR’s products are exported to 14 other countries including key textile centres such as Pakistan, Bangladesh, Vietnam, Brazil, and various parts of Europe. The products also support an expanding Indonesia fashion industry.

It is estimated that APR may generate foreign exchange revenues exceeding Rp1.77 trillion (USD130 million) annually, and reduce dependence on imported raw materials by about Rp2.01 trillion (USD149 million) annually.

Sustainable Production
APR produces sustainable viscose rayon fiber from renewable, traceable and biodegradable raw materials. The company’s raw materials are supplied by APRIL Group, which is recognised as a responsible pulp producer through national (Timber Legality Verification System) and international (Program for the Endorsement of Forest Certification/PEFC) certifications.

APR is the first viscose rayon manufacturer in Indonesia to receive the internationally recognised STeP certification from OEKO-TEX ®, an independent Swiss-based certification organisation, for the responsible manufacturing of viscose staple fibre.

APR has launched the ‘Everything Indonesia’ campaign to promote the sustainable sourcing and production of fashion from Indonesia. The aim is to support Indonesia’s resurgence as a global centre for textile manufacturing, and catalyse home-grown fashion design and creativity.

Source:

Omnicom Public Relations Group

(c) Eric RAZ, Airbus Helicopters
25.11.2019

SGL Carbon serially delivers composite materials for rotor blades to Airbus Helicopters

  • Glass fiber textiles for helicopter type H145
  • First ever material supply for primary structural components in the aerospace segment

Since August of this year, SGL Carbon delivers two special glass fiber textiles, so-called non-crimped fabrics, for the new version of helicopter model H145 from Airbus Helicopters. These materials are used in the new, especially efficient five-blade rotor. Developed in close collaboration with Airbus Helicopters, the material has been qualified for the application for the next years to come.  

Thanks to their unidirectional fiber orientation, the fabrics are extremely resistant, providing optimal support for the new geometry of the especially long H145 rotor blades. The fabrics are manufactured at the SGL Carbon site in Willich near Düsseldorf in a multi-stage process and delivered to Airbus Helicopters in Paris.  

  • Glass fiber textiles for helicopter type H145
  • First ever material supply for primary structural components in the aerospace segment

Since August of this year, SGL Carbon delivers two special glass fiber textiles, so-called non-crimped fabrics, for the new version of helicopter model H145 from Airbus Helicopters. These materials are used in the new, especially efficient five-blade rotor. Developed in close collaboration with Airbus Helicopters, the material has been qualified for the application for the next years to come.  

Thanks to their unidirectional fiber orientation, the fabrics are extremely resistant, providing optimal support for the new geometry of the especially long H145 rotor blades. The fabrics are manufactured at the SGL Carbon site in Willich near Düsseldorf in a multi-stage process and delivered to Airbus Helicopters in Paris.  

“The order emphasizes our growing presence in the aerospace business. With the fabrics for Airbus Helicopters, we have realized, qualified, and started serial production for a material concept for primary structural components for the first time,” underscores Dr. Andreas Erber, Head of the Aerospace segment in the business unit Composites – Fibers & Materials at SGL Carbon.

The current deliveries are part of a framework contract with Airbus Helicopters, intended to gradually intensify collaboration. Besides the current development of materials for helicopter components, Airbus Helicopters and SGL Carbon have worked together in the area of component material processing for Airbus group aircraft doors for years. In addition, Airbus and SGL Carbon are jointly involved in various associations and research projects in the area of components, such as Carbon Composites e.V.

 

More information:
SGL Carbon
Source:

SGL CARBON SE

24.07.2019

Autoneum: Revenue growth in a strongly declining market

In a strongly declining market, Autoneum increased revenue in local currencies by 1.9% in the first six months of 2019 thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the previous year’s level (CHF 1 159.4 million). All four Business Groups outperformed the market. The turnaround program in North America is showing progress, but the persisting operational inefficiencies at two US plants continue to impact the profitability of the entire Group, as already communicated. Accordingly, EBIT fell to CHF 16.4 million in the first semester, while the anticipated negative net result totaled CHF –6.0 million.

In a strongly declining market, Autoneum increased revenue in local currencies by 1.9% in the first six months of 2019 thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the previous year’s level (CHF 1 159.4 million). All four Business Groups outperformed the market. The turnaround program in North America is showing progress, but the persisting operational inefficiencies at two US plants continue to impact the profitability of the entire Group, as already communicated. Accordingly, EBIT fell to CHF 16.4 million in the first semester, while the anticipated negative net result totaled CHF –6.0 million.

The weak global macroeconomic environment, ongoing trade disputes and the resulting uncertainty among car manufacturers and consumers led to a further sharp decline in global light vehicle production in the first half of 2019. In this difficult market environment, Autoneum was able to increase its revenue by 1.9% in local currencies in the first six months compared to the prior-year period, particularly thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the prior-year’s level (CHF 1 159.4 million). While the number of vehicles produced in all regions declined, Business Groups (BG) North America, Asia and SAMEA (South America, Middle East and Africa) grew and outperformed the respective market developments, two of them significantly. Only at Business Group Europe did the sharp drop in production volumes among vehicle manufacturers result in fewer call-offs and lower year-on-year revenue.

More information:
Autoneum
Source:

Autoneum

(c) CHOMARAT
04.03.2019

Chomarat Carbon Reinforcements at JEC WORLD 2019

Composite reinforcement specialist Chomarat will exhibit its latest woven and multiaxial carbon fibre reinforcements at JEC World 2019. "Prepregs are used in the most demanding markets, such as aerospace or the automotive industry. Due to their high performance, Chomarat’s carbon fabrics are highly considered by prepreggers. Compared to standard solutions, the multiaxial reinforcements developed by the group offer Chomarat’s converter customers significant productivity gains. With its production sites in France, Asia and the United States, Chomarat is able to supply its customers and guarantee the same high level of quality in all countries," explains Group Managing Director Michel Cognet.

Composite reinforcement specialist Chomarat will exhibit its latest woven and multiaxial carbon fibre reinforcements at JEC World 2019. "Prepregs are used in the most demanding markets, such as aerospace or the automotive industry. Due to their high performance, Chomarat’s carbon fabrics are highly considered by prepreggers. Compared to standard solutions, the multiaxial reinforcements developed by the group offer Chomarat’s converter customers significant productivity gains. With its production sites in France, Asia and the United States, Chomarat is able to supply its customers and guarantee the same high level of quality in all countries," explains Group Managing Director Michel Cognet.

C-WEAVE™ - THE QUALITY AND RELIABILITY BENCHMARK
In just a few years, prepreggers have come to consider Chomarat's C-WEAVE™ carbon-fibre fabrics as a benchmark for surface-finish quality and processability.
The reinforcement contributes to productivity and reliability during the prepregging process. Helen Doughty, Director at SHD Composites, testifies: “The consistent high quality of C-WEAVE™ has been a key part of SHD Composite Materials continued success and growth.”
"Prepreg users often manufacture Class A surface parts for demanding applications, and they need excellence and reproducibility," explains Chomarat’s Prepreg Market Manager Ulrike Salmon.

C-PLY™: GOING FURTHER WITH CARBON MULTIAXIALS
The advantages of multi-axial reinforcements are now well established - oriented axes, absence of resin-rich areas allowing a high fibre content, and improved mechanical tensile and/or bending performance thanks to the non-crimp fibres.
By developing its C-PLY™ range, Chomarat further demonstrates that multiaxials are a real asset in terms of performance and appearance. "Chomarat strives to minimize marking on parts and to optimize surface quality through fibre spreading and the use of suitable stitches. C-PLY™ can also integrate aesthetic functions by using the assembly seam as a graphic design", continues Ulrike Salmon.
These new advantages are important for the automotive, sports-equipment and consumer-electronics markets, which seek to combine premium quality and productivity.

 

Source:

AGENCE APOCOPE

(c) JEC Group
21.11.2018

Celebration of Composite Materials at the 11th JEC Asia

The annual meeting for the Asia-Pacific professionals of the composites industry, organized for the second time in a row in Seoul, has met its high expectations attracting +12% participants and acting as a major showcase for the composites industry in the region.

KEY FIGURES

  • +230 companies
  • 45 speakers
  • +7,000 professional visits
  • 49 countries represented
  • 12 JEC Innovation Awards
  • +450 Business meetings
  • 3 Composites Tours
  • Top 3 visitors’ countries: Korea - China - Japan

 

The annual meeting for the Asia-Pacific professionals of the composites industry, organized for the second time in a row in Seoul, has met its high expectations attracting +12% participants and acting as a major showcase for the composites industry in the region.

KEY FIGURES

  • +230 companies
  • 45 speakers
  • +7,000 professional visits
  • 49 countries represented
  • 12 JEC Innovation Awards
  • +450 Business meetings
  • 3 Composites Tours
  • Top 3 visitors’ countries: Korea - China - Japan

 

Gauging from the attendance of more than 7,000 professional visits from 49 countries, Eric PIERREJEAN, CEO of JEC Group, has already announced during the opening ceremony that JEC Asia 2019 will return next year on November 13, 14, 15, 2019. This ceremony was attended by industrialists, academics and officials, reflecting the huge interest that composite materials generates. Thus, at this ceremony we could notice the participation of Mr. BANG Yun Hyuk, President of KCTECH, Mr. Song, Ha Jin Jeonbuk Provincial Governor, Mr. HAN Byung Do, Senior secretary to the South Korean President for political affairs, Mr. CHOI Jin Hyuk, Director at MOTIE, Mr. KIM Yang Won, Vice Mayor of Jeonju, demonstrating the whole support of the Korean community; and Mr. Fabien PENONE, French Ambassador, was also present to underline the strong links and industrial interactions between Korea and France.

Hosting, this year again, the International Carbon Festival organized by KCTECH and the Jeonju region, JEC Asia also provided a comprehensive program dedicated to the Automotive professionals with a leadership circle attended by top stakeholders of the industry worldwide, top-notch conferences on automotive automated processes and composite applications for structural parts with speakers from Hyundai Motor Group, e-Xstream Engineering, L&L Products, Cobra International, Hanwha Advanced Materials, Daimler, Hankuk Carbon, Arkema, Cetim, Saertex & Co. KG to name a few.

“Aeronautics: 53% and beyond” conferences took place and attracted many attendees to discover new composites solutions and their wider use in this sector with Stratasys,IS Group, Cevotec… JEC Asia also offered its participants a chance to find out new business opportunities, highlighting the most relevant for the region and various application sectors.
All in all, the show floor was filled with innovations as JEC Asia 2018 showcased innovative parts and awarded 12 composites International champions among which 3 were about automotive, at the JEC Innovation Awards ceremony.

Also, to be noted at JEC Asia was the focus on networking with pre-arranged Business meetings that generated +450 qualified one-to-ones over the 3 days. Likewise, 3 composites tours opened exclusive doors to attendees when they visited Hanyang University, the composite architecture of the House of Dior, LG Hausys & Kolon and a day trip in Jeonju region and the Carbon Valley of the KCTECH.
For the first time, JEC Asia teamed up with MAI Carbon to offer a brand-new Student Program that keeps abreast of composite-industry needs to hire young, committed well-trained engineers. The two-part program included workshops with a focus on theoretical foundations and a guided tour through the JEC Asia trade show and the innovation planet.

More information:
JEC-Gruppe
Source:

JEC Group

(c) BASF
12.11.2018

BASF 3D Printing Solutions presents new products at formnext and announces pioneering strategic alliances for industrial 3D printing

New products for photopolymer and laser sinter printing methods from BASF 3D Printing Solutions GmbH (B3DPS) are on show from November 13 to 16 at Stand F20 in Hall 3.1 at this year’s formnext fair in Frankfurt. The BASF subsidiary is also announcing several new partnerships for the development and distribution of groundbreaking 3D printing solutions and products.

B3DPS has entered into a strategic partnership with the US company Origin, San Francisco, California for the further development of photopolymer printing processes. “Within the framework of an open business model, we are combining BASF’s material know-how with Origin’s expertise in printer software programming and the manufacture of the corresponding hardware,” explained Volker Hammes, Managing Director BASF 3D Printing Solutions GmbH. The collaboration has already shown the first signs of success. Origin has developed a new printing method where BASF’s new Ultracur3D photopolymers can be processed particularly well. The technology offers an optimal combination of a good surface finish and high mechanical stability, while also allowing for high material throughput.

New products for photopolymer and laser sinter printing methods from BASF 3D Printing Solutions GmbH (B3DPS) are on show from November 13 to 16 at Stand F20 in Hall 3.1 at this year’s formnext fair in Frankfurt. The BASF subsidiary is also announcing several new partnerships for the development and distribution of groundbreaking 3D printing solutions and products.

B3DPS has entered into a strategic partnership with the US company Origin, San Francisco, California for the further development of photopolymer printing processes. “Within the framework of an open business model, we are combining BASF’s material know-how with Origin’s expertise in printer software programming and the manufacture of the corresponding hardware,” explained Volker Hammes, Managing Director BASF 3D Printing Solutions GmbH. The collaboration has already shown the first signs of success. Origin has developed a new printing method where BASF’s new Ultracur3D photopolymers can be processed particularly well. The technology offers an optimal combination of a good surface finish and high mechanical stability, while also allowing for high material throughput.

B3DPS is working together with Photocentric, a manufacturer of 3D printers and their corresponding software and materials, on the development of new photopolymers and large-format photopolymer printers for mass production of functional components. Based in Peterborough, UK and Phoenix, USA, Photocentric has developed and optimized the use of LCD screens as image generators for its own printing systems. The two partners plan to offer the industry 3D printing solutions that replace parts of traditional manufacturing processes such as injection molding for small series, as well as enabling the production of large components.

The objective of the cooperation with Xunshi Technology, a Chinese printer manufacturer headquartered in Shaoxing, and operates in USA under the name Sprintray, will be opening new fields of application in 3D printing for the Ultracur3D product range of B3DPS.

Ultracur3D specialties for photopolymer printing processes
B3DPS has grouped well-established and new photopolymers designed for the respective 3D printing processes under the brand name Ultracur3D. BASF has developed unique raw materials for its new products that enable special part properties.
“Our Ultracur3D portfolio enables us to offer customers various UV-curable materials for 3D printing that provide far better mechanical properties and higher long-term stability than most available materials,” explained András Marton, Senior Business Development Manager at B3DPS. He added: “These materials have been developed for functional components that are subject to high stress.”

Expansion of distribution network for filaments
Innofil3D, a subsidiary of B3DPS, is entering into a partnership with Jet-Mate Technology, based in Tjanjin, China, for the distribution of plastic filaments in China. In parallel, a distribution agreement has been concluded with M. Holland in Northbrook, USA for the distribution of filaments in USA. “Since the USA is the largest market for filaments, we intend to strengthen our activities there,” said Jeroen Wiggers, Business Director 3DP Solutions for Additive Extrusion at B3DPS, adding: “Asia is another important market for us. We will be developing further distribution channels there and putting our Ultrafuse filaments on the Asian market in 2019.”

BASF’s portfolio of filaments for 3D printing are comprised of two categories; the well-established Innofil3D filaments based on generic polymers for conventional applications and polymer-based Ultrafuse filaments for advanced formulations used in demanding technical applications. One of the broadest filament selections on the market, this portfolio covers customer requirements ranging from prototype to industrial-scale production.

SLS: new 3D printing material with fire protection classification
New flame-resistant Ultrasint Polyamide PA6 Black FR meets UL94 V2 fire protection standards and is a new material class for use in selective laser sintering (SLS) processes, distinguished by high stiffness and thermal stability. In cooperation with one of the global leaders of public transportation vehicles, B3DPS has developed new components that meet vehicle fire protection requirements. “Together with our partner, we are currently producing prototypes, spare parts, and small series components, and are working to further improve flame resistance to meet additional certification specifications,” explained Hammes.
BASF introduced Ultrasint Grey PA6 LM X085 at AMUG this spring and now is followed by another product on show at formnext. Ultrasint PA6 Black LM X085 is based on polyamide 6, and can be processed at 175-185 degrees Celsius therefore making it suitable for most current SLS machines.

B3DPS adds polypropylene to its 3D printing portfolio
Through the acquisition of Advanc3D Materials GmbH in July 2018, B3DPS has expanded its range with numerous materials for use on laser sinter machines, including polyamide Adsint PA12, Adsint PA11, Adsint PA11CF and Adsint TPU flex 90.
Ultrasint PP is a special highlight. This polypropylene-based product exhibits outstanding mechanical properties and is frequently used in standard industrial production as it offers a good balance between price and performance. Ultrasint PP is distinguished by excellent plasticity, low moisture uptake, and resistance to liquids and gases. Prototypes and small batches can now be produced from the same material as used for traditional serial production. Post treatments such as thermoforming, sealing, and dyeing can be performed after printing.

More information:
BASF 3D printing materials
Source:

BASF 3D Printing Solutions GmbH

© Techtextil, Messe Frankfurt Exhibition GmbH
06.08.2018

Strong potential in Buildtech and Mobiltech sectors to be displayed at Cinte Techtextil China

This September’s Cinte Techtextil China will once again provide a strong barometer of the state of the global technical textiles industry, and in particular which sectors in Asia as a whole, and China specifically, are performing well. Two of these for certain are Buildtech and Mobiltech, with a number of leading global and Chinese brands exhibiting to eager buyers from these sectors.

Cinte Techtextil China is Asia’s leading biennial fair for the technical textiles and nonwovens sector, and will feature an expected 500-plus total exhibitors from around 20 countries & regions from 4 – 6 September. The fair offers products and technologies for 12 application areas* which cover the entire industry.

Buildtech benefits from Belt & Road and other infrastructure investment

This September’s Cinte Techtextil China will once again provide a strong barometer of the state of the global technical textiles industry, and in particular which sectors in Asia as a whole, and China specifically, are performing well. Two of these for certain are Buildtech and Mobiltech, with a number of leading global and Chinese brands exhibiting to eager buyers from these sectors.

Cinte Techtextil China is Asia’s leading biennial fair for the technical textiles and nonwovens sector, and will feature an expected 500-plus total exhibitors from around 20 countries & regions from 4 – 6 September. The fair offers products and technologies for 12 application areas* which cover the entire industry.

Buildtech benefits from Belt & Road and other infrastructure investment

With a huge boom in national and regional infrastructure projects, the market for Buildtech products, especially geotextiles and construction textiles, is rapidly expanding. In particular, the government’s global Belt & Road project, as well as continued investment at home in highways, high-speed rail and more, is fuelling this expansion. According to CNITA, in 2017 China started 35 new railway projects, with additional private capital investment in this sector totalling some USD 53 billion that year. The same investment in highway construction increased 17.7%, while water conservation project investment by private firms reached a new record of USD 105 billion.

With this potential in the Asian market, it’s no surprise a number of new exhibitors will feature in the Buildtech sector at the fair, including FPC Technical Textile from Saudi Arabia, Kobe-cz from the Czech Republic, as well as Lenzing Plastics, while Johns Manville are one of the returning exhibitors this year.

  • FPC Technical Textile (Saudi Arabia) produce high-end specialty fabrics including PVC coated fabrics and fibre glass PTFE fabrics, and will focus on the latter at the fair.
  • Kobe-cz (Czech Republic) will showcase their nonwoven fabrics, mainly from glass fibre with temperature resistance up to 800°C.
  • Exhibiting for the first time at the fair with their Plastics division, Lenzing (Austria) will feature their technical laminates for building industries, roofing membranes, vapour barriers, isolation facings and barrier packaging, as well as PROFILEN® PTFE yarns, films and fibres at Cinte Techtextil.
  • Johns Manville’s (US) products on offer include polyester spunbond, PP & PBT meltblown, glass fibre nonwovens, micro glass fibre nonwovens, hybrid nonwovens, glass fibre needle mat and glass microfibers.

Mobiltech benefits from huge increases in automobile production in China

With new textile innovations and application possibilities spreading throughout the automobile industry, coupled with the fact China is the world’s largest auto producer, Cinte Techtextil is the place to see the latest products and technologies for this sector this September. Automobile production in China reached 29 million units in 2017, an increase of 3% year-on-year. Staggeringly, new-energy vehicle production grew by 53% last year, while SUVs and commercial vehicles increased 13.81% and 13.95% respectively.

With such strong growth in China, a number of leading international Mobiltech producers, as well as top domestic suppliers, will be at Cinte Techtextil this year, including:

  • Abifor (Switzerland): their focus at the fair is on products designed for automotive, construction and other technical applications, in particular their specialty hot-melt powders. The company has its own production unit in Shanghai, and reports that an increasing number of domestic customers are starting to focus on more sophisticated products.
  • SKS Group (Sweden): will showcase high performance single end yarn for automotive and industrial hoses, and single end cord for automotive and industrial belts.
  • Swisstulle (Switzerland): will have a range of products on offer for automotive, rail and aviation uses, including sunshade materials, nets, tube reinforcements and new possibilities for luggage compartment covers.
  • Windel Textile Far East (Germany): with production undertaken in China, this German firm offers textile greige, half-done and finished materials. They offer nonwoven, knitted and woven fabrics (substrates), and glass fibre solutions. At the fair, they will showcase substrates for adhesive tapes / wire harnessing tapes, and Maliwatt- and coagulated microfibre fleece for covering vehicle interiors.
  • Protechnic (France): they will feature hot melt thermoadhesive nets, webs and films, as well as laminating process in automotive and other industrial applications at Cinte 2018.
  • Kuangda Technology Group (China): having supplied products for global brands such as Volkswagen and Audi, this Chinese supplier will offer automotive interiors, including interior fabrics, seat covers and cushions at the fair.
  • Shanghai Shenda (ShanghaiTex Group) (China): specialising in automotive interior textiles, they manufacture a full range of products including grey car carpet, moulding car carpet, head liners (warp-knitting and nonwoven), seat belt, seat fabrics and more, and have supplied the likes of Mercedes-Benz, BMW, Volkswagen and GM.

Cinte Techtextil China is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Nonwovens & Industrial Textiles Association (CNITA). To find out more about the fair, please visit: www.techtextilchina.com.

Source:

Messe Frankfurt Exhibition GmbH

28.06.2018

Kooperation von Borealis und Henkel erzielt Kunststoffflasche und Auftragsdüse zu 100% aus Post-Consumer-Rezyklaten

Verpackungslösung aus 100% Kunststoffrezyklaten liefert weitere Bestätigung für Kreislaufwirtschaft
Borealis, ein führender Anbieter innovativer Lösungen für die Bereiche Polyolefine, Basischemikalien und Pflanzennährstoffe, gibt den erfolgreichen Marktstart einer neuen Verpackungslösung bekannt, die zur Gänze aus Post-Consumer-Rezyklaten (PCR, aus Haushaltsabfall hergestellte Kunststoffe) produziert wird. Diese nachhaltige Verpackungslösung wurde in enger Zusammenarbeit mit dem deutschen Produzenten von Konsum- und Industriegütern Henkel sowie zwei weiteren Partnern aus der Wertschöpfungskette entwickelt und ist ein weiterer Beweis dafür, wie mtm plastics GmbH, ein Teil der Borealis Gruppe, dabei hilft, die Eignung von Kunststoffen für die Kreislaufwirtschaft zu verbessern. Die Einführung dieser Verpackungslösung ist von wesentlicher Bedeutung für die Konsumgüterindustrie: ihre Robustheit unterstreicht, dass sich Kunststoffrezyklate in der Tat für eine Vielzahl anspruchsvoller Verpackungsanwendungen eignen – in diesem Fall für eine bekannte Klebstoffmarke von Henkel.

Verpackungslösung aus 100% Kunststoffrezyklaten liefert weitere Bestätigung für Kreislaufwirtschaft
Borealis, ein führender Anbieter innovativer Lösungen für die Bereiche Polyolefine, Basischemikalien und Pflanzennährstoffe, gibt den erfolgreichen Marktstart einer neuen Verpackungslösung bekannt, die zur Gänze aus Post-Consumer-Rezyklaten (PCR, aus Haushaltsabfall hergestellte Kunststoffe) produziert wird. Diese nachhaltige Verpackungslösung wurde in enger Zusammenarbeit mit dem deutschen Produzenten von Konsum- und Industriegütern Henkel sowie zwei weiteren Partnern aus der Wertschöpfungskette entwickelt und ist ein weiterer Beweis dafür, wie mtm plastics GmbH, ein Teil der Borealis Gruppe, dabei hilft, die Eignung von Kunststoffen für die Kreislaufwirtschaft zu verbessern. Die Einführung dieser Verpackungslösung ist von wesentlicher Bedeutung für die Konsumgüterindustrie: ihre Robustheit unterstreicht, dass sich Kunststoffrezyklate in der Tat für eine Vielzahl anspruchsvoller Verpackungsanwendungen eignen – in diesem Fall für eine bekannte Klebstoffmarke von Henkel.

Zusammenarbeit entlang der Wertschöpfungskette bringt Kunststoffflasche und Düse aus 100% PCR-Material auf den Markt
Im Jahr 2016 erwarb Borealis den führenden deutschen Recycler mtm plastics GmbH, der damit Mitglied der Borealis Group wurde. Indem sie das Wissen aus ihren jeweiligen Fachbereichen sowie ihre jahrzehntelange Erfahrung als Hersteller neuwertiger Polyolefine bzw. als „Upcycler“ nutzen, erforschen Borealis und mtm plastics mit vereinten Kräften neue Wachstumschancen.

Eine Erfolgsgeschichte, die aus dieser Reise hervorgegangen ist, stellt ein vor kurzem abgeschlossenes Pilotprojekt mit Henkel dar, einem weltweit führenden Anbieter für Klebstoffe, Dichtstoffe und funktionale Beschichtungen. Die Unternehmen arbeiteten an der Entwicklung einer neuen Verpackungslösung auf Basis von Recyclingmaterial für Flaschen und Verschlüsse des „Made at Home“-Allzweckklebers, den Henkel unter seiner bekannten Marke „Pattex“ vertreibt. Das Ziel war es, neuwertiges Kunststoffmaterial, das üblicherweise für diese Art von Verpackung verwendet wird, durch ein rezyklatbasiertes Harz zu ersetzen. Dieses musste allerdings die unterschiedlichen Anforderungen an Materialien, die zur Verpackung von Klebstoffprodukten eingesetzt werden, erfüllen.

Nach der umfassenden gemeinsamen Anwendungsentwicklung wurde eine neue Flasche aus dem unternehmenseigenen Produkt Purpolen® PE entwickelt, einem hochwertigen Polyethylen-Regranulat, das von mtm am Standort in Niedergebra, Deutschland hergestellt wird. Die Produktion der Flaschen übernahm ein Partner aus der Wertschöpfungskette, KKT Kaller-Kunststofftechnik GmbH, ein Kunststoffverarbeiter aus Deutschland. Für die drei einzelnen Bestandteile der verstellbaren Auftragsdüse, die sowohl für filigranes als auch für großflächiges Kleben verwendet werden kann, wurde Purpolen® PP ausgewählt, ein hochwertiges Polypropylen-Regranulat, das von mtm produziert wird. Die Spritzdüsen wurden vom deutschen Kunststoffkomponentenhersteller bomo trendline Technik GmbH gefertigt.

Die neue Pattex „Made at Home“-Verpackungslösung bestand zahlreiche umfassende Anwendungstests, wie unter anderem einen dreimonatigen Lagertest sowie unterschiedliche Tests der mechanischen Eigenschaften. Das Produkt wurde im Jahr 2018 im europäischen Markt eingeführt.

„Als Hersteller neuer Polyolefine ist Borealis begeistert, zu den Pionieren zu zählen, die Kunststoffrezyklate in neuen Anwendungen verwenden“, erklärt Günter Stephan, Head of Borealis Circular Economy Solutions. „Auch wenn die Steigerung der Zirkularität von Kunststoffen immer mehr an Bedeutung gewinnt, müssen wir innerhalb unserer Branche nach wie vor den Beweis dafür erbringen, dass die Verwendung von Rezyklaten – und auch von 100%-PCR – sogar für anspruchsvolle Anwendungen eine geeignete und effektive Option darstellt. Dank der erfolgreichen Kooperation mit unseren Partnern aus der Wertschöpfungskette Henkel, KKT und bomo verhelfen wir Kunststoffen zu einem zweiten Leben und bringen sie damit einen Schritt näher an das Ziel einer Kreislaufwirtschaft für Kunststoffe.“

„Unser Bekenntnis zu einer Führungsrolle im Bereich Nachhaltigkeit ist tief in den Werten unseres Unternehmens verankert“, erklärt Matthias Schaefer, Project Manager Global Packaging Engineering bei Henkel Adhesive Technologies. „Wir gehen in unserer Branche mit neuen Nachhaltigkeitsstrategien für Verpackungen voran. Deshalb haben wir unseren Pattex Made-at-Home Alleskleber als Pilotprojekt identifiziert, um den Einsatz von Rezyklaten anstelle von Neukunststoffen zu erforschen. Die konstruktive Zusammenarbeit mit unseren Partnern bestätigt die Eignung von 100%-PCR-Materialien für ein Klebstoffprodukt wie „Made at Home“. Damit unterstreichen wir unsere Führungsrolle im Bereich Nachhaltigkeitsbereich auch im Markt für Konsumentenklebstoffe.“

More information:
Pattex PCR-Material Klebstoff
Source:

Borealis Group

28.06.2018

COOPERATION BY BOREALIS AND HENKEL PRODUCES PLASTIC BOTTLE AND NOZZLE COMPOSED 100% OF POST-CONSUMER RECYCLED MATERIAL

Packaging solution made of 100% plastic recyclate delivers circular economy proof point
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces the successful launch of a new packaging solution produced entirely with post-consumer recycled (PCR) material. Developed in close collaboration with the German consumer and industrial goods company Henkel and two additional value chain partners, this truly sustainable packaging solution is further evidence of how mtm plastics GmbH, a member of the Borealis Group, is helping increase the circularity of plastics. The launch has significance for the consumer goods industry because the robustness of this new packaging solution provides further evidence that plastic recyclate is indeed suitable for a variety of demanding packaging applications, in this case a popular adhesive brand marketed by Henkel.

Value chain collaboration yields plastic bottle and nozzle composed of 100% PCR material

Packaging solution made of 100% plastic recyclate delivers circular economy proof point
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces the successful launch of a new packaging solution produced entirely with post-consumer recycled (PCR) material. Developed in close collaboration with the German consumer and industrial goods company Henkel and two additional value chain partners, this truly sustainable packaging solution is further evidence of how mtm plastics GmbH, a member of the Borealis Group, is helping increase the circularity of plastics. The launch has significance for the consumer goods industry because the robustness of this new packaging solution provides further evidence that plastic recyclate is indeed suitable for a variety of demanding packaging applications, in this case a popular adhesive brand marketed by Henkel.

Value chain collaboration yields plastic bottle and nozzle composed of 100% PCR material
In 2016, Borealis acquired leading German recycler mtm plastics GmbH, which is now a member of the Borealis Group. By leveraging their respective areas of expertise and decades of experience as a virgin polyolefins producer and “upcycler”, respectively, Borealis and mtm plastics are exploring new growth opportunities with joint forces.

A success story originating from this exploration is a recently completed pilot project with Henkel, the global leader for adhesives, sealants and functional coatings. The companies have worked to develop a new packaging solution based on recycled material for the Made-at-Home all-purpose glue bottle and cap, which Henkel is marketing under its well-known Pattex brand.  The aim was to replace the virgin plastic material traditionally used for this packaging with a recyclate-based resin. The resin, however, had to fulfil the diverse material demands for packaging of an adhesive product.

After extensive and joint application development, a new bottle was developed with the proprietary mtm product Purpolen® PE, a high-quality polyethylene regranulate produced by mtm at its facilities in Niedergebra, Germany. Value chain partner KKT Kaller Kunststoff Technik GmbH, a plastics processor also based in Germany, manufactured the bottles. For the three separate components of the adjustable applicator nozzle, which is used for both filigree and wide-area gluing, high-quality Purpolen® PP polypropylene regranulate produced by mtm was identified as the ideal solution. German plastic components manufacturer bomo trendline Technik GmbH produced the applicator nozzles.

The new Pattex Made-at-Home packaging solution successfully passed extensive application tests, including a three-month storage test and other tests of mechanical properties. It was launched on the European market in 2018.

“Our commitment to leadership in sustainability is deeply embedded in our companies´ values,” explained Matthias Schaefer, Project Manager for Global Packaging Engineering at Henkel Adhesive Technologies. “We are at the forefront of the industry when it comes to new sustainability strategies in packaging.  Thus, we identified Pattex Made-at-Home as a candidate for exploring the use of recyclate instead of virgin plastics. This constructive collaboration with our partners proves the viability of 100% PCR material for an adhesive product like Made-at Home. It also underscores our efforts at Henkel to drive leadership in sustainability in the consumer goods sector.”

“As a virgin polyolefins producer, Borealis is thrilled to be among the pioneers in using plastic recyclate in new applications,” says Günter Stephan, Head of Borealis Circular Economy Solutions. “Even though momentum is gaining in the drive to increase the circularity of plastics, we still need to prove without a doubt within the industry that using recyclates – and even 100% PCR – is a suitable and effective option, even for demanding applications. Thanks to this successful value chain cooperation with our partners Henkel, KKT and bomo, we are giving plastics a second life and are thus one step closer to the goal of a more circular economy of plastics.”
 

Source:

Borealis Group

Lectra and Faurecia renew their partnership agreement ©lectra
Faurecia Cadillac
26.09.2017

Lectra and Faurecia renew their partnership agreement

  • Lectra contributes to Faurecia Seating Business Group Industry 4.0 readiness and “digital enterprise” transformation initiative

Paris, September 26, 2017 – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce the renewal of its partnership with Faurecia through the signing of a global agreement for its Seating Business Group.

The cutting process for the production of seat covers, headrests and interiors is an increasingly strategic part of Faurecia’s Seating activity. Faurecia Seating supplies vehicle complete seats, frames, mechanisms and trim covers to major carmakers worldwide, whose manufacturing processes are gradually evolving toward Industry 4.0.

Faurecia Seating aims to double the production of its existing manufacturing facilities by reinforcing operations with advanced manufacturing technologies. The company’s extended partnership with Lectra entails focusing on operational excellence initiatives across its automotive seating division.

  • Lectra contributes to Faurecia Seating Business Group Industry 4.0 readiness and “digital enterprise” transformation initiative

Paris, September 26, 2017 – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce the renewal of its partnership with Faurecia through the signing of a global agreement for its Seating Business Group.

The cutting process for the production of seat covers, headrests and interiors is an increasingly strategic part of Faurecia’s Seating activity. Faurecia Seating supplies vehicle complete seats, frames, mechanisms and trim covers to major carmakers worldwide, whose manufacturing processes are gradually evolving toward Industry 4.0.

Faurecia Seating aims to double the production of its existing manufacturing facilities by reinforcing operations with advanced manufacturing technologies. The company’s extended partnership with Lectra entails focusing on operational excellence initiatives across its automotive seating division.

Standardization of the Vector® fabric-cutting solution—endowed with preventive and predictive maintenance capabilities and the highest-performance cutting system available on the market to date—will be instrumental to the implementation of these initiatives throughout the division’s fabric cutting facilities. Faurecia currently has more than 60 Vector fabric cutting solutions in production worldwide.

“More than ever, we face major challenges in terms of flexibility, agility and productivity—producing more while reducing costs,” observes Hagen Wiesner, Executive Vice President, Faurecia Seating. “Our cutting processes have become strategic in reaching these goals. Faurecia’s ‘digital enterprise’ project aims to achieve operational excellence in virtually every aspect of our organization. Together with Lectra, we will make this a reality in the cutting room, with smart automation and predictive maintenance”.

“Given the profound transformations gripping manufacturing, helping our customers ready their operations for the Fourth Industrial Revolution has become without question our core mission,” remarks Daniel Harari, Lectra Chairman and CEO. “Faurecia is among the automotive suppliers at the forefront of this movement. Digital technologies and industry expertise are the business enablers that will allow manufacturers to connect inside and outside the value chain in the near future.”

Source:

Lectra Headquarters / Press Department