From the Sector

118 organisations signed today the TCLF (= Textiles, Clothing, Leather and Footwear) Pact for Skills, an initiative promoted by the European Commission and coordinated by EURATEX. The signatories acknowledge the skills challenge in the textiles ecosystem, and commit to invest in reskilling and upskilling workers, integrating green and digital skills and improving the attractiveness of the sector. Members of the Pact will benefit from networking, guidance and resources offered by the EC to implement the targets which are proposed in the Pact.

The Pact for Skills is part of the EU Industrial Strategy, addressing the competitiveness of 14 critical ecosystems, including textiles. The main aim of the Pact is maximising the impact of investments in improving existing skills (upskilling) and training in new skills (reskilling). To reach such an ambitious goal, the Pact gathers various actors in the TCLF sectors: industry, employers, social partners, national and regional authorities, education and training providers. These actors should work together and invest in large-scale skills partnerships, guarantee exchange of best practices and increase the attractiveness of the sector.

Specifically, the TCLF Pact for Skills focuses on 5 objectives and for each of them, the signatories identified a certain number of target actions:

1. Promoting a culture of lifelong learning for all: one of the actions is to design and roll out courses promoting latest technologies and digital tools such as VR and AI (digital skills) and promoting durability, repair and waste management activities (green skills), in particular circular design skills.
2. Building a strong skills partnership with relevant stakeholders: signatories foresee to build regional and cross-sectoral partnerships between industry, education providers and authorities, which are adapted to their specific needs. .
3. Monitoring skills supply/demand and anticipating skills needs: to reach it, industry, policy and education stakeholders will establish the TCLF Skills Observatory.
4. Working against discrimination and for gender equality and equal opportunities: signatories will launch a TCLF manifesto of diversity and a supporting initiatives to improve the gender balance and ensure equal opportunities for all.
5. Raising awareness & attractiveness on the TCLF industries, i.a. though dedicated information campaigns, showcasing the opportunities in the sector and promoting mobility for young workers.

As of early 2022, the European Commission will offer signatories of the Pact for Skills to benefit from collaboration at EU, national and regional levels and in particular gain access to networking, knowledge and guidance & resource hubs.

“EURATEX is proud to coordinate this initiative” says Alberto Paccanelli, EURATEX President. “Our companies’ success is based on finding the right people with the right set of skills. This becomes increasingly difficult, so this Pact is a wake-up call to work together and develop a forward looking strategy, where people are put at the heart of our sector.”

NCTO President and CEO Kim Glas testified at a hearing on “Supporting U.S. Workers, Businesses, and the Environment in the Face of Unfair Chinese Trade Practices” before the House Ways and Means Trade Subcommittee.

In written testimony submitted to the committee, Glas outlines China’s rise to dominance of global textile and apparel production and its adverse impact on the U.S. textile industry, details ways to strengthen onshoring and nearshoring of supply chains, and provides recommendations on the critical policies needed to address these illegal trade practices and rectify inequities.

“China holds the dubious distinction of being the world’s leading purveyor of illegal trade practices that are designed to unfairly bolster a blatantly export-oriented economy,” NCTO President and CEO Kim Glas says. “These predatory practices take many forms, from macroeconomic policies that grant across-the-board advantages to their manufacturers, to industry specific programs intended to dominate global markets in targeted areas. The U.S. textile industry has been a longstanding victim of China’s predatory export practices.”

“China’s virtually unlimited and unrealistic pricing power coupled with its subsidies and lack of enforceable labor and environmental standards strips benefits and undermines policy objectives throughout the U.S. free trade and preference program structure,” Glas further notes.

“A program of maximum pressure must be developed and fully enforced to reconfigure textile and apparel sourcing patterns that currently place an unhealthy and heavily weighted dependance on China,” Glas adds. “With a strong trade policy holding China accountable, the opportunities are ripe to unlock further domestic and regional investment to bolster this critical textile and apparel production chain because of the important rules of origin for this sector.  We can nearshore more production, help address the migration crisis, and assist in addressing the urgent issue of climate change and create a win-win-win for workers in the United States, workers in the region, and consumers.”

Glas outlines key policy recommendations to the committee, including:

• Enact tax incentives and other targeted critical investments to strengthen Western Hemisphere trade relationships and re-shore manufacturing
• Close the Section 321 De Minimis Tariff Loophole
• Step up enforcement of forced labor of Uyghurs and others in the Xinjiang Uyghur Autonomous Region (XUAR)
• Firmly maintain Section 301 penalty duties on China for finished textiles and apparel products
• Immediately pass the MTB to help manufacturers with a limited list of critical inputs not made in the U.S. and review/close the mechanism in the MTB renewal which allows for finished products
• Strengthen buy-American practices for PPE and other essential products
• Block expansion of the Generalized System of Preferences (GSP) to include textile and apparel products
• Use trade enforcement in free trade agreements to mitigate transshipment schemes by unscrupulous importers seeking to illegally circumvent duties

The European Alliance for SMC BMC and the AVK expert task force SMC/BMC are announcing they will organize together SMCCreate 2022, a conference about design in SMC and BMC composite materials. This conference will provide valuable insights in the entire product design process from idea to part manufacturing, targeted both at experienced designers and at designers that are new in applying these versatile materials.

SMC and BMC are composite materials ideal for making light and intricate parts that combine structural performance with a smooth surface finish. For that reason, SMC and BMC are increasingly used in a broad range of end-use applications and markets.

Companies that have been using SMC and BMC solutions have a lot of expertise available, which can help designers to be more successful in bringing products to market. Therefore, the European Alliance for SMC BMC and the AVK expert task force SMC/BMC would like to organize together this design conference, allowing designers to learn from the experts, apply gained insights into their own designs, and broaden their horizon for new part developments.

Using SMC BMC in your part design
Within the time of only 1.5 day, the SMCCreate 2022 conference will cover a wide range of subjects, all relevant for designers in their selection of materials solutions that provide performance, cost efficiency, manufacturing ability and sustainability. In particular:

• How can SMC BMC help you to design great parts, bringing a combination of unique shapes and functional performance?
• How can SMC BMC help you to improve sustainability?
• What are the key steps in the design process, starting from initial idea to full production series manufacturing?
• What are the typical design challenges and solutions?
• How to best design for optimal manufacturing?
• Which are the tools available for designing in SMC BMC: design software, material data, tooling considerations?
• Practical examples of designs and components made in SMC BMC
• What’s new in the world of SMC BMC?

Date and Location
The SMCCreate 2022 Conference will be organized on April 6-7, 2022 in Antwerp (Belgium).

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced its inclusion in the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the third and fifth consecutive year respectively. The successive years of DJSI inclusion reflect IVL’s strong commitment to sustainability with globally recognized industry best-in-class practices.

This year, 139 chemical companies were selected from more than 11,000 companies from 61 industries and about 5,300 companies eligible for S&P Global ESG indices. IVL ranked in the 97th percentile with full scores in the areas of environmental and social compliance, enabling policies through industry associations, human rights protections in the workplace and value chain, and sustainable water management including forecasting potential water related risks in operations.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, "As a global leader, this is an important milestone in our operations as we transform the chemical industry. Our inclusion in the DJSI for the fifth year running is a tribute to how IVL’s operations are contributing to a more sustainable future. Our strategy includes focusing on climate action, aligning with the world's net zero ambitions, strengthening the circular economy and PET recycling with our ambitious targets, and enhancing shared value with our stakeholders.”

The Dow Jones Sustainability Indices (DJSI) are a global benchmark for sustainability-driven companies, evaluating material governance & economic, environmental and social factors.

JEC Forum DACH will open its doors from November 23 – 24, 2021, the promise of a two-days gathering around business meetings and conferences. JEC Forum DACH will offer actors of the composites profession in the region the opportunity to exchange and learn about current and future developments of the industry through a rich program of conferences, the JEC Composites Startup Booster, and the AVK Innovation Awards. It also includes pre-arranged Business Meetings between sponsors and attendees as well as sponsors’ workshops.

CONFERENCES, KEYNOTES, AND MARKET OVERVIEW
JEC Forum DACH will feature cutting-edge live conferences with experts from the industry as well as
exclusive keynotes organized by the AVK.

MEETINGS PROGRAM
In  order  to  help  the  sponsors  to  save  time  and  establish  connections  with  real-interest business partners, JEC Group has developed a Business Meetings program: an efficient facilitator to connect precise needs to corresponding offers. These one-to-one meetings will be held on the sponsors’ booths during the two days of the event.

FEATURED SPONSORS’ WORKSHOPS
JEC Forum DACH will host 9 sponsors’ workshops during the two days: CMS SPA, Elantas Europe S.r.l., Kisling AG, Kroenert GmbH & Co KG, Maschinenfabrik Herbert MEYER GmbH, Netzsch Process Intelligence GmbH and Schwarzpunkt (part of Helvoet Group), Saertex GmbH & Co KG and SVT, Trima Spol Sro and Walter Mäder AG will present their know-how and technology during 30 minutes’ presentations in front of the attendees as well as in livestreaming.

FOSTERING ENTREPRENEURSHIP WITH THE JEC COMPOSITES STARTUP BOOSTER
JEC Composites Startup Booster is the leading startup competition in the world of composites.
It enables the community to find and assess innovations with a potential impact on their respective industries. The competition will be held at JEC Forum DACH for the first time with the pitches’ session on November 23rd at 2:15pm followed by the Awards ceremony at 6:15 pm.
The finalists are: ANYBRID (Germany), CARBON CLEANUP (Austria), CARBON-DRIVE (Germany), FIBRECOAT (Germany), and TOUCH SENSITY (France).

CELEBRATING INNOVATION WITH THE AVK INNOVATION AWARDS
This year at JEC Forum DACH, JEC Group and AVK will co-organize the AVK Innovation Award.
One of the goals of the AVK Innovation Awards is to give prominence to the innovations and the companies/institutions behind them, thus publicizing their performance throughout the industry. These awards will celebrate innovations in fiber-reinforced plastics (FRP) / composites during the Awards ceremony on Tuesday 23rd, at 6:15pm.

Full program and speakers list here.

Indorama Ventures Public Company Limited (IVL) reported a strong 3Q 2021 performance amid record production volumes. The company maintained its positive outlook for the rest of the year and 2022, noting caution as headwinds including higher energy prices and supply chain disruptions weigh against resurgent consumer demand.

IVL reported EBITDA of US$478 million in Q3 versus US$552 million in the previous quarter and US$240 million a year earlier. Production volumes reached 3.73 million metric tons, a record, as the global recovery drove consumer demand for IVL’s products.

As the global economy recovers from the pandemic, consumer appetite and increasing Brent crude oil prices are testing supply chains and driving a commodity boom, with manufacturers running at full capacity. This has driven increases in freight prices and a shortage of materials.

Still, IVL posted a solid YTD performance, ending the first nine months of 2021 with EBITDA of US$ 1,512 million, up 123% YoY. The Integrated Oxides & Derivatives (IOD) segment will start to reap the full benefits of the hot commissioning of the Lake Charles gas cracker (IVOL) in Q4 and beyond, as well as continued advantaged shale gas economics.

In Q3, Project Olympus, the company’s cost saving and business transformation project, achieved US$63 million in efficiency gains, and is on track to achieve a total US$610 million of savings by 2023. IVL also implemented enhanced disclosures in governance, strategy, risk management, and metrics and targets, and launched a comprehensive financial policy and governance structure to accelerate environmentally driven projects.

IVL strengthened its Indorama Management Council (IMC) – the company’s highest operational management committee – by rotating experienced executives and adding the COOs of the Fibers and Integrated Oxides & Derivatives (IOD) segments. The appointments will help build the segments into self-sustaining organizations while also rotating expertise across the IMC.

3Q 2021 Performance Summary

• Consolidated Revenue of US$ 3,867M, an increase of 9% QoQ and 50% YoY
• EBITDA of US$ 478M in Q3 versus US$552 million, a decrease of 13% QoQ and an increase of 99% YoY
• Reported annualized EPS of THB 4.53 and core annualized EPS of THB 4.09

Following a thorough assessment by rating agency S&P adidas’ sustainability performance has received an outstanding evaluation. Assessed across Environmental, Social and Governance (ESG) dimensions, adidas was awarded with an ESG Profile Score of 79 out of 100. Combined with a strong Preparedness Score (+6), the company’s overall ESG Evaluation Score amounts to 85, placing adidas sixth in the entire S&P Global Rating Universe.

In its assessment, S&P emphasizes adidas’ industry-leading approach to innovation, supply chain management and consumer engagement. In particular, credit is given to adidas’ ambitions to scale the use of sustainable materials, to expand circular services and to deliver against ambitious net-zero emission targets. In addition to adidas’ strong control mechanisms over its supply chain ensuring fair and safe labor practices, the analysis also calls out the integration of a sustainability target into the compensation system of the Executive Board. The close interaction between the Supervisory Board and the Executive Board is seen as exemplary and supportive of the overall strategy execution.

• CHIC Shanghai successfully completed under high safety and hygiene conditions
• The trend hotspot for the Chinese sales market: Lively interest of more than 20,000 trade visitors in the new collections of the 487 brands at the NECC in Shanghai
• Sustainability in great demand in all areas
• CHIC Shenzhen focuses on trading in the strong sales region of South China and the international clusters Hong Kong and Macao: Date postponed from November to December due to current Covid-19 cases in China

The fashion world of China met at the physical event CHIC Shanghai from October 9-11, 2021 at the National Exhibition and Convention Center in Shanghai

487 exhibitors presented themselves in clearly structured segments on 50,000 square meters. Maximum compliance with the security measures determined the course. Against this background the exhibitors welcomed more than 20,000 trade visitors and reported cheerful orders.

The 487 exhibitors were also satisfied with the business activity and reported successful orders.

Perfect presentation platform: the CHIC Matching area
The expanded matchmaking events at CHIC were also enthusiastically received.
In total, over 37 matchmaking events took place in the specially set up matching area consisting of several presentation platforms and private negotiation rooms at the fair. From company presentations by industry giants such as Shein, through trade fair tours to selected one-on-one discussions, CHIC brought exhibitors and visitors together in a targeted manner. More than 600 participants have been matched by this CHIC event. Among them visitors such as Shein, Walmart, Wang Yi Yan Xuan, Tiktok, BAILIAN GROUP, LIQUN etc, parts of the organizer's broad network.

Continuing growth: sustainable productions
Sustainability is one of the most important consumer trends in China. CHIC played the theme in all exhibition areas; from womenswear, kidswear and menswear to accessories, sustainable collections were represented in all segments.

Design talent and traditional styles
In the IMPULSES area, innovative designer brands showed inspiring trends, high-quality collections and fashion variety like Kmusso, MIJA or Yu Jian Tian with its new design collection made by natural materials such as mulberry silk and wool, presenting the unique traditional Chinese style.

CHIC Shanghai presented the entire range of the fashion business in a total of 12 exhibition segments. This year's acclaimed visual concept, created by lava beijing, has been awarded the Bronze Award of the Hiiibrand Awards 2021 in the Identity category.

Digital tools and physical events
In addition to the on-site trade fair offer, CHIC is expanding its reach through the consistent use of digital tools. The CHIC app combines all the functions needed for a successful trade fair participation, from the digital trade fair catalog and matchmaking to direct appointments and live chats for all participants who cannot be on site.

The next CHIC in Shanghai will take place in March 2022.

On 21st October the Managing Director of Officina+39 Andrea Venier has joined a panel discussion in the prestigious arena of the Kingpins24 Digital Show. He contributed to the discussion with his and Officina+39’s point of view on “Water Conservation”, together with Emrah Özkorkmaz from Bregla and Taimur Malik from Stylers International, with Edward Hertzman from Sourcing Journal & Rivet as moderator.

Water crisis remains one of the top issues for humanity and 90% of the world's natural disasters are related to water. Officina+39 has been working hard to rethink the way water is used throughout the denim processes: Andrea's contribution emphasized the company’s practical and consolidated experience in this field, as in recent years their main objective has been to drastically reduce water use in line with UN SDG6.

Andrea pointed out how “fashion industry is still currently deeply rooted in a linear approach: make, use, dispose.” Accordingly to Andrea and Officina+39, the fashion world is becoming aware of this reality and is trying to reinvent itself in order to decrease the use of this precious resource and its negative impacts but there is still work to do in order to redesign a better sustainable model, where circularity should represent the new sustainability: circularity not only when it comes to the materials, but also to water.

In the textile industry water is used as the vehicle for colors and chemical auxiliaries but luckily today many technologies aim at significantly reducing water consumption. Officina+39 is really focused on this target: Andrea explained that “Officina+39 has developed the AQUALESS MISSION, a process suitable for conventional machines that leads to a 75% reduction of the water typically used in denim and garment laundry processes, using a waterless technology and saving costs for producers.”

Despite the start-up cost of investing in the development of sustainable technologies may discourage some in the industry, it is about time to realize that these actions cannot be delayed and that we will increasingly hear about water scarcity, water stress and water risk.

Andrea stated: “It is necessary to develop water management strategies and systems in any company: today there is ISO 14000 related to environmental management, but I believe that governments, brands and related organisations should think about an ISO related just to water management. In this way, every company can understand how much value can be generated in the medium-term and how much money could be saved by investing in this kind of technologies. To create new standards related to water management, we must change the approach.”

Reifenhäuser Enka Tecnica will exhibit its wide range of replacement components for spunbond, meltblown, and composite lines at the world's leading nonwovens trade show INDEX in Geneva from October 19 to 22, 2021. The highly specialized custom manufacturer offers high-end technology "Made in Germany" that is 100% compatible with all globally installed lines.

Producers of nonwovens worldwide rely on Enka Tecnica components to manufacture products for complex applications in hygiene, medical or filtration to provide them with access to new profitable markets. Trade-show visitors will gain a detailed insight into the entire range of products, from meltblown and spunbond spinnerets to meltblown cassettes and complete meltblown spinning beams designed with an energy concept optimized for sustainability. The tips and capillaries assure consistent product quality and precision, allowing producers to meet their tolerance specifications reliably and avoid scrap at the same time..

With its refresh service for refurbishing used components, Enka Tecnica not only offers a cost-efficient alternative to new parts, but also extremely fast delivery times, a factor that is often decisive to maintain daily production targets. Visitors to Geneva will be able to see the quality of refresh components displayed at the booth - a meltblown and a spunbond spinneret, half of which has been refurbished. They will be able to see the condition of the capillary holes before and after the refresh through a microscope.

Another trade show highlight includes jet strips for hydroentangling nonwovens. Depending on the application, they are offered in Smart, Advanced, and Premium versions and have a special unique selling point – the strips are fully hardened, whereas competitor products usually only have a hardened surface. This quality advantage results in significantly longer service lives, which is why they are also known on the market as "The World's Hardest Strips”.