From the Sector

Through its new strategy ‘Own the Game’ adidas expects to generate substantial cumulative free cash flow until 2025. The company plans to share the majority of it – between € 8 and € 9 billion – with its shareholders through dividend pay-outs as well as through share buybacks. In this context, adidas had launched a share buyback program in July which was completed successfully at the end of September. Between July 1 and September 30, 2021, the company bought back 1,851,522 shares for a total amount of € 550 million.

Against this background, the Executive Board, with approval of the Supervisory Board, has decided to launch an additional share buyback program. Starting on October 18, 2021, the company plans to buy back shares worth € 450 million until the end of the year. Taking into consideration the share buyback completed at the end of September, adidas will buy back shares in a total amount of € 1 billion in 2021. Including the dividend payment of € 585 million in May, the company will return nearly € 1.6 billion to its shareholders this year.

“The decision to launch an additional share buyback program reflects our strong financial profile as well as the successful start of the execution of our strategy ‘Own the Game’,” said Harm Ohlmeyer, CFO of adidas. “Regular share buybacks and dividends in the amount of between € 8 and € 9 billion are a key component of ‘Own the Game’. They will be complemented by returning the majority of the cash proceeds from the Reebok divestiture to our shareholders after closing of the transaction.”  

adidas intends to cancel most of the repurchased shares, which would reduce the number of shares and the share capital accordingly.

Officina+39, an Italian sustainable chemical developer, attends Superstudio Più in Milan to show its technical progress and share its concrete contribution to a more Trustainable™ denim. Under the spotlight, among multiple innovations, the latest addition to the Officina+39 family: the brand-new NOVASCRAPER INDIGO.

NOVASCRAPER INDIGO, the new technology for classic aesthetics
NOVASCRAPER INDIGO allows to give a natural vintage look to denim garments through laser finishing, an actual innovative alternative to manual scraping. NOVASCRAPER INDIGO guarantees a natural effect with unparalleled quality and accuracy, requiring less manpower and less rejection rate when compared to manual scraping.

The Sixth Sense: less water, more Trustainability
Officina+39 and Tejidos Royo joined forces to create a denim line that drastically reduces water consumption: this is “The Sixth Sense”, a project concretely inspired by the 2030 Agenda for Sustainable Development and specifically by its SDG6, calling to action to ensure access to water and sanitation for all. Officina+39 personally accepts this global challenge by contributing to the realization of “The Sixth Sense” with its AQUALESS MISSION. Featuring three cutting-edge laundry products for one innovative process, AQUALESS MISSION combines the application of REMOVER BC, AQUALESS AGED – a waterless compound to give denim abrasion effects –, and OZ-ONE POWDER – an advanced product to give garments a bleached yet eco-friendly treatment in a dry application, for a worn and distressed look. Compatible with conventional washing and treatment machinery, it allows for water consumption savings up to 75%.
Focused on driving sustainability in the textile industry, Tejidos Royo uses low-impact fibers and yarns as a raw material and the implementation of foam-dyeing technology with its Dry Indigo®, the first-ever technology to foam-dye denim with zero water use and no water discharge.

CircularKromia: a colorful path for preloved garments
At Officina+39 the word “waste” becomes synonymous with opportunity, a source to create something new, fostering true, Trustainable™ circularity. This is the background to the collaboration with Atelier Riforma, an innovative startup born in Turin (Italy) with a social vocation. Through the contribution of Officina+39’s RECYCROM™, it has been possible to obtain new pigment and dyestuff pulverizing discarded garments and pieces usually difficult to recover through tailoring transformation alone. The collection made it possible not to generate any waste, no new raw materials were required to create CircularKromia.

The Circle Book 2: the power of collaboration and circularity
A collective project gathering a total of ten companies with common goals focused on transparency and circularity in denim design, The Circle Book is now in its second edition that culminated in CULTURE.IN, a circular capsule collection transparently made from recycled and degradable materials.

Officina+39 opens its doors, with Lenzing and Meidea
In the evening of October 13, the recently inaugurated brand-new headquarters of Officina+39 in Biella opened their doors to welcome denim personalities, brands, designers and partners to show where Officina+39's innovative technologies are created, to network and celebrate while preparing new steps towards the design of a more circular and – of course – Trustainable™ fashion Industry.

• EFI Reggiani TERRA Silver Makes Debut at Fespa Global Print Expo 2021 for a Short, Smart and Green Process
• The new, industrial, entry-level EFI™ Reggiani TERRA Silver textile printer from Electronics For Imaging, Inc. is making its debut at the Fespa Global Print Expo 2021 tradeshow, 12-15 October at RAI Amsterdam.
• The EFI Reggiani TERRA Silver uses unique TERRA pigment ink for high-quality, highly sustainable direct-to-textile printing without steaming or washing.       

“This is one of the first trade shows to return after the pandemic, and we are very excited to again meet customers in person and showcase an innovative offering that delivers superior printing results while using less time, water and energy,” said EFI Reggiani Vice President and General Manager Adele Genoni. “We are introducing this advanced EFI Reggiani TERRA Silver solution to the many print service providers at Fespa, presenting them with an ideal path to enter the industrial textile segment with a short, smart and green production process.”

The new-version TERRA Silver printer is part of EFI’s complete TERRA line-up of pigment ink printer solutions. It is a 180-cm wide printer that can print up to 190 sqm per hour with eight dual-channel printheads. The printer also features:

•    A new recirculating ink system for superior reliability and minimum maintenance
•    Several printing modes to ensure maximum flexibility in terms of design capability
•    New, real-time image processing that eliminates time spent in image pre-calculations
•    A user friendly, intuitive interface
•    A more-efficient polymerisation process that takes place as printed textile goes through the printer’s on-board dryer.

In Fespa stand 1-G71, attendees can see the EFI Reggiani TERRA Silver print smoothly and precisely on knitted and woven fabrics. The printer’s quality is evident in its high-uniformity printing modes, and it delivers numerous features that enhance the production process, including an accurate WYSIWYG interface and flexible queue management.
 
EFI Reggiani is also a leading developer of textile inks. The EFI Reggiani TERRA pigment inks used on the Silver model deliver excellent wet and dry fastness properties and remarkable sharpness in detail. Designed to leverage EFI Reggiani digital printers’ market-proven industrial performance capabilities, these eco-friendly, water-based inks provide an extraordinary level of print durability and yield longer print head life with reduced maintenance costs. The high-performance digital pigment inks also use an innovative binder technology for fast, sustainable, and cost-competitive industrial textile printing on the widest range of fabrics. Users also gain superior print definition and colour intensity.
 
This year, EFI Reggiani celebrates 75 years of heritage and innovation in the textile world. Always committed to deliver to the market new cutting-edge technologies, EFI Reggiani has world-class products offering boosted uptime and reliability, high performance throughput, and remarkable printing uniformity and accuracy – all while helping customers increase the sustainability of their textile manufacturing activities. Green EFI Reggiani processes give users fast, complete and sustainable solutions across a broad range of textile applications.
 
In this 75th anniversary year, EFI Reggiani has also launched several other ground-breaking solutions, such as EFI Reggiani HYPER, the fastest scanning digital printer on the market, and the EFI Reggiani BLAZE, an industrial entry-level, easy-to-use printer designed to give new textile companies the opportunity to adopt digital inkjet production with a compact solution to blaze a successful path into the industry.

• Comprehensive portfolio for innovative vehicle design
• Material development is keeping pace with technical innovations
• PLEXIGLAS® Optical HT PMMA special molding compound for the best optical quality at high continuous service temperatures

Vehicle design requirements are changing in line with the huge trends in the industry, such as electric drivetrains and autonomous driving. Materials manufacturers are preparing for this and are developing custom materials – and PLEXIGLAS® special molding compounds from Röhm GmbH are just one example. Between October 12 and 16, the Molding Compounds business unit will be presenting its diverse range of PLEXIGLAS® molding compounds for the automotive sector at Fakuma 2021 in Friedrichshafen.

The brand polymethyl methacrylate (PMMA) from Röhm is both light and robust, has a high-quality surface and can be processed in all common injection molding and extrusion procedures.

At Fakuma 2021, Röhm will present one of its newest special molding compounds for the first time. PLEXIGLAS® Optical HT was developed specifically for applications with high power LEDs, such as headlamp lenses. With its special characteristics profile, the innovative material guarantees the best possible optical quality even at increased continuous service temperatures.

• Next-Gen Technologies for Nonwovens/Engineered Materials
• Canopy Respirator from Canopy Wins Innovation Award

145 professionals in product development, material science, and new technologies convened for the 11th conference edition of RISE®—Research, Innovation & Science for Engineered Fabrics, held virtually, Sept. 28-30. The event was co-organized by INDA, the Association of the Nonwoven Fabrics Industry, The Nonwovens Institute, and North Carolina State University.

The program focused on Nonwoven Material Science Developments, Sustainability, Increasing Circularity, Promising Innovations, Process Innovations, Material Innovations, Government/NGO Challenges to Single-Use Plastics, Machine-Assisted-Learning Development of Biopolymers, and Market Intelligence and Economic Insights.

Participants praised the high-quality program content, in-depth round table discussions, networking and Q&A’s where participants ask expert speakers questions pertaining to their focused presentations.

Highlights among the 26 presentations included

• Sustainable Solutions for our Plastic Planet Predicament, by Marc A. Hillmyer, Ph.D., McKnight Presidential Endowed Chair, University of Minnesota;
• Closed-Loop Recycling Pilot of Single-Use Face Masks by Peter Dziezok, Ph.D., Director of Open Innovation, Proctor & Gamble;
• Innovating a Sustainable Future for Nonwovens: A European Perspective, by Matt Tipper, Ph.D., CEO, Nonwovens Innovation & Research Institute (NIRI);
• Phantom Platform: The Polyolefin-cellulose Coformed Substrates Technology, by Fabio Zampollo, CEO and Founder of Teknoweb Materials; 
• Guiding Environmentally Sustainable Innovations – From Reactive to Proactive Life Cycle Management, by Valentina Prado, Ph.D., Senior Sustainability Analyst, EarthShift Global LLC;  
• High-Loft, Ultra-Soft Hygiene Solutions, Paul E. Rollin, Ph.D., Senior Principal Scientist – Global Hygiene, Propylene-Vistamaxx-Adhesion (PVA) Global Technology, ExxonMobil Chemical Company;
• Canadian Plastic Policy Update, by Karyn M. Schmidt, Senior Director, Regulatory & Technical Affairs, American Chemistry Council (ACC).

Other highlights included the announcement of Canopy Respirator as the winner of this year’s RISE® Innovation Award winner. The annual award recognizes innovation in areas within and on the periphery of the nonwovens industry which use advanced science and engineering principles to develop unique or intricate solutions to problems and advance the usage of nonwovens.

RISE® Innovation Award Winner
The RISE® Innovation Award was presented to Canopy for their Canopy Respirator. The productis an innovative respirator that is fully mechanical, non-electrostatic, with a filter designed for superior breathability while offering the wearer facial transparency. The breakthrough respirator features 5.5mm water column resistance at 85 liters (3 cubic feet) per minute, 2-way filtration, and a pleated filter that contains over 500 square centimeters of surface area. The patented Canopy respirator resists fluids, and eliminates fogging of eyeglasses.

The rescheduled Intertextile Shanghai Home Textiles, now taking place from 9 – 11 October, will once again provide the industry with insight into the future through its fringe programme’s four categories: Design Inspiration, Business O2O, Textiles & Technologies and Industry Empowerment. And with the Online Business Matching sourcing platform returning this edition, buyers worldwide can still participate in the fair.

Each of the fringe programme’s four categories – Design Inspiration, Business O2O (online to offline), Textiles & Technologies and Industry Empowerment – features a mix of conferences, seminars and presentations that reflect the future of the home textile industry. Highlights of each category are included below, while further details can be found on the fair’s website: https://intertextile-shanghai-hometextiles-autumn.hk.messefrankfurt.com/shanghai/en/programme-events.html.

Since 2019, Messe Frankfurt has been working with the Conscious Fashion Campaign and United Nations Office for Partnerships as part of the Texpertise Network and supports the UN Sustainable Development Goals. The goals will be presented gradually at global textile events in order to highlight the most pressing challenges facing the textile and fashion industry worldwide.

Industry Empowerment: antimicrobial technologies and licensing in the home textile sector

Growing awareness of health and hygiene has increased the demand for antimicrobial and other functional textiles. Seminars hosted by the Chinese Industry Association for Antimicrobial Materials & Products will further discuss the increasing prominence of these textiles, as well as how the adoption of new antimicrobial textile technologies is expected to evolve in the future. In addition, experts will share the new trends of licensing and IP with case studies for the furniture companies and fabric brands.

2022 China Home Textile Trends

The China Home Textiles Trend Area will feature the research of the China Home Textile Association, The Department of Home Textile Trend Research and Promotion and Concept & Style Fashion Project Group Italy who shared their knowledge, inspirations and exchanged their visions of trend evolutions considering consumer demand, retail expertise, the contract market and new technologies.

Intertextile Shanghai Home Textiles – Autumn Edition 2021 will be held concurrently with Intertextile Shanghai Apparel Fabrics – Autumn Edition, Yarn Expo Autumn, PH Value and CHIC at the National Exhibition and Convention Center. Intertextile Shanghai Home Textiles – Autumn Edition is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Home Textile Association (CHTA).

From the 09-11^th of October, CHIC will take place with around 500 fashion and lifestyle brands on 53,000 sqm in the National Exhibition & Convention Center in Shanghai and offers a perfect overview of the fashion innovations in all fashion areas of the next season.

Chinese consumers place increasing value on sustainable products, the topic of "sustainability" is present in all areas of CHIC, in cooperation with WGSN the latest trends in sustainable fashion S / S 22 are shown. Together with China Fashion and WWD, companies that produce particularly sustainably are honored as part of the "Pursuer of excellence in sustainability" event.

The organizers put a special focus on the expansion of digital tools for the trade fair participants, which were used in the run-up to the trade fair for intensive visitor marketing and at the trade fair to optimally network supply and demand, WeChat plays a central role here. The CHIC WeChat mini program has been expanded and integrates the CHIC e-catalog, tailored to the needs of exhibitors and visitors.

The next editions of CHIC will take place from 3-5^th of November 2021 in Shenzhen and from 9-11^th of March 2022 in Shanghai.

In a move to optimize interactions and simplify customer access to one of the printing industry’s largest portfolios of process-improvement and consumables technologies, Baldwin Technology Company Inc. is excited to announce changes across its print and packaging sales teams for Europe, the Middle East, Africa and Russia, as well as the Americas, effective October 1. After this realignment, customers will benefit from having a single point of contact for all of Baldwin’s product lines.

“Effective October 1, our sales teams in EMEAR and the Americas will be realigned to cover smaller regional geographies, and our regional teams will have access to the full Baldwin portfolio of equipment, consumables and service products, as well as industry product expertise, powered by our new Industry 4.0 AMP IoT (Internet of Things) data-aggregation and process-monitoring software platform,” said Peter Hultberg, Baldwin’s Chief Commercial Officer. “This means our customers will have a single sales point of contact for all products, while simplifying their access to the technical experts throughout our business.”

The EPTA – European Pultrusion Technology Association organizes in cooperation with the ACMA – American Composites Manufacturers Association - the 16th World Pultrusion Conference on 03 – 04 March 2022 in Paris, France (as a “hybrid event”, this conference will also have the option of online access). The conference is one of the leading pultrusion events in the world. The event takes place just before the JEC World 2022 in Paris (08 – 10 March 2022).

The presentations are to document innovations in the following subject areas of pultruded reinforced plastics:

● Market development in Europe, USA, Asia
● Innovative applications
● New Markets: Ideas for potential new applications with pultruded shapes or systems
● Sustainability: Technical possibilities, recycling, etc.
● Raw materials
   ○ Development of fibres
   ○ Development of resins
● Construction / Testing / Calculation
● Processes

The presentation language will be English. Deadline for paper submission (title, short abstract, speaker name and address) until 15th October 2021 to info@pultruders.com.
 
The European Pultrusion Technology Association was created in 1989 by a group of leading European pultruders with the mission of supporting the growth of the pultrusion industry by maximising external communication efforts and encouraging knowledge sharing between members. Since 2006, the association has existed under the umbrella of the AVK – Federation of Reinforced Plastics in Frankfurt, Germany. Membership of EPTA is open to all companies and individuals worldwide wishing to further the application of pultruded profiles. For further information visit http://www.pultruders.com.

The Indorama Mobility Group, a manufacturer of industrial fibers, cords and fabrics, - like other companies - is confronted with significant inflation since the beginning of the year. The global economy has gradually recovered in 2021 from the impact of the COVID-19 pandemic, but is still experiencing very volatile market conditions: The global freight remains unreliable and expensive, cost for energy and global commodities is increasing, and the increasing focus on sustainability and environmental impact is driving compliance cost upward in most part of the world.

In detail:

• Utilities: gas price has tripled in the past few months in Europe (from a level of 15 EUR/MWh in Q4’20 to 45 EUR/MWh recently), while increasing by 50% in USA
• CO₂ emissions and compliance cost: prices for CO₂ certificates in Europe have almost doubled, approaching 60 EUR/ton from 30 EUR/ton at the end of last year, while regulations continue to expand the need for CO2 compensation
• Chemicals and additives (spinfinish, dip chemicals, coating & laminating chemicals): cost have increased by 5%
• Packaging: prices for standard packaging materials have increased by more than 30%
• Logistic: despite our local manufacturing footprint which is not fully affected by global freight issues, the regional logistic costs are also increasing up to 20% (road transport)

Despite constant efforts to optimise the cost structure through comprehensive initiatives to improve operations, cost increases have now reached a level, the group said, that can no longer be offset and must be passed on to the market. This is a necessary step to be able to continue supplying high-quality products and services of the broad product portfolio, it said.