From the Sector

• 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.

• Hexcel’s Composite Innovations For Aerospace, Automotive, Energy And Marine Applications At JEC World 2019 Hall 5 - Stand J41

STAMFORD, Conn. – At this year’s JEC World taking place in Paris on March 12-14, Hexcel will promote a wide range of composite innovations for customer applications in aerospace, automotive, energy and marine markets.

Aerospace Innovations

Hexcel’s HiTape® and HiMax™ dry carbon reinforcements were developed to complement a new generation of HiFlow™ resin systems, producing high quality aerospace structures using the resin infusion process. HiTape® was developed for the automated lay-up of preforms and HiMax™ is a range of optimized non-crimp fabrics (NCF). Both products incorporate a toughening veil to enhance mechanical properties, meeting the structural requirements for aerospace parts.

Visitors to JEC will see an Integrated Wing Panel demonstrator and an I-beam, both made with HiTape® reinforcements, and an Opticoms rib made with HiMax™ NCF. The Opticoms rib and I Beam were both manufactured using C-RTM (Compression Resin Transfer Molding). They were injected with Hexcel’s RTM6 resin in a process taking less than 5 minutes. The total manufacturing cycle for both parts was just 4.5 hours.

Also among the Aerospace exhibits, Hexcel will display a composite petal for a satellite antenna, manufactured by Thales Alenia Space Italia. The petal is part of a set of 24 deployable structural elements that form the large area reflector assembly used on board Low Earth Orbit (LEO) observation satellites. Thales Alenia Space Italia selected Hexcel’s HexPly® M18 prepreg for this application, acknowledging the superior mechanical and outgassing properties provided.

Another Hexcel prepreg application on show is a “zero” frame, manufactured by Aerofonctions for the engine area of Daher’s TBM 910/930 single-engine turboprop aircraft. Hexcel’s HexPly® M56 prepreg was selected by Daher for the “zero” frame – a product developed for Out of Autoclave applications that provides the same high quality and performance as autoclave-cured prepregs, from a simple vacuum bag cure in an oven.

With 50 years of experience behind its comprehensive range of high-strength, high-strain PAN-based carbon fibers, Hexcel continues to innovate, and is introducing two new fibers to its portfolio. HexTow® HM50 combines high modulus and high tensile strength, making it ideal for commercial and defense aircraft and engines. HexTow® 85 was developed specifically to replace rayon-based carbon fiber for ablative applications.

HexTow® carbon fiber holds the most qualified carbon fiber positions on aerospace programs in the industry and is the best unsized fiber available on the market. It provides excellent bonding interfacial properties with thermoplastic matrices and is the best-performing fiber for 3D printing applications.

Additive manufacturing is another area of expertise for Hexcel, using PEKK ultra-high performance polymers and HexAM™ technology to manufacture carbon-reinforced 3D printed parts. This
innovative process provides a weight-saving solution for intricate parts in highly demanding aerospace, satellite and defense applications. HexPEKK™ structures offer significant weight, cost and time-to-market reductions, replacing traditional cast or machined metallic parts with a new technology.

Hexcel is well known for its range of weight-saving, stiffness-enhancing honeycombs and the company adds value by providing a range of engineered core solutions to customers from facilities in the USA, Belgium and the newly opened Casablanca plant in Morocco. Hexcel’s engineered core capabilities enable highly contoured parts with precision profiling to be produced to exacting customer specifications. An example of such a part will be on display at JEC. Made from Aluminum FlexCore®, the part is CNC machined on both sides, and formed and stabilized with both peel ply and flyaway layers of stabilization. Aircraft engines benefit from a number of Hexcel core technologies including HexShield™ honeycomb that provides high temperature resistance in aircraft engine nacelles. By inserting a thermally resistant material into honeycomb cells, Hexcel provides a core product with unique heat-shielding capabilities that allows for the potential re-use of material after a fire event.

Hexcel’s Acousti-Cap® broadband noise-reducing honeycomb significantly improves acoustic absorption in aircraft engine nacelles. The acoustic treatment may be positioned at a consistent depth and resistance within the core, or can be placed in a pattern of varying depths and/or resistances (Multi-Degrees of Freedom and 3 Degrees Of Freedom), offering an acoustic liner that is precisely tuned to the engine operating conditions. These technologies have been tested at NASA on a full engine test rig and meet all 16 design conditions without trade-offs.

HexBond™ – the new name in Adhesives

Hexcel’s range of high performance adhesives has expanded considerably following the company’s acquisition of Structil. The company has now decided to unite the range by marketing all of its adhesive products using HexBond™ branding. The comprehensive range of HexBond™ structural film adhesives, foaming adhesive films, paste adhesives, liquid shims, epoxy fillets and Chromium free liquid primers is suitable for a wide range of applications in combination with Hexcel’s prepreg and honeycomb products.

Automotive Innovations

Hexcel’s carbon prepreg patch technology provides an innovative way of locally stiffening and reinforcing metal parts, providing noise and vibration management functionality. HexPly® prepreg patches consist of unidirectional carbon fiber impregnated with a fast curing epoxy matrix that has self-adhesive properties, enabling it to bond to metal in a highly efficient one-step process. These key technology properties are demonstrated in an 18.5kg aluminum subframe (that is 50% lighter than steel equivalents), which was reinforced with 500 grams of HexPly® prepreg and tested by Saint Jean Industries. The part demonstrates a significant reduction in noise, vibration and harshness (NVH). Other benefits include lower production costs, energy savings, increased driver comfort, production flexibility and part count reduction. With this technology Hexcel is a finalist in the JEC Innovation Awards 2019 in the Automotive Applications category.

HexPly® prepreg patch technology was also applied to a hybrid side sill demonstrator developed with Volkswagen and Dresden University to address future crash test requirements, specifically for electric cars. Combining fiber-reinforced plastic (FRP) with metal, the hybrid construction allows for optimum performance including weight savings, enhanced safety, increased energy absorption, battery protection in a crash situation and production flexibility.

Hexcel will also display a lightweight CFRP transmission crossmember produced from Hexcel’s high performance HexMC®-i 2000 molding compound. The transmission crossmember was developed in partnership with the Institute of Polymer Product Engineering (at Linz University), Engel and Alpex. As the part connects the chassis together and supports transmission it has to be stiff and strong, resisting fatigue and corrosion. Hexcel’s HexMC®-i 2000 was selected as the best-performing molding compound on the market, curing in as little as two minutes to produce lightweight, strong and stiff parts.
To produce the transmission crossmember HexMC®-i 2000 preforms are laid up in Alpex molds and compression-molded in a v-duo press that was tailored for the application by Engel. Ribs, aluminum inserts and other functions can be molded into the part using the single-stage process, reducing component-count. Any offcuts from the preforms can be interleaved between the plies of material to provide additional reinforcement in key areas - meaning that the process generates no waste.

Other Automotive promotions on Hexcel’s stand at JEC World include a composite leaf spring manufactured by ZF using HexPly® M901 prepreg. In contrast to steel leaf springs, composite versions offer many advantages including weight savings of up to 70%, high corrosion resistance, optimized system integration and superior performance. HexPly® M901 prepreg reduces the cure cycle to below 15 minutes and provides 15% higher mechanical performance, with enhanced fatigue properties. It also operates at high temperatures, providing a Tg of up to 200°C following a post cure.

Marine Innovations

Hexcel has a comprehensive range of products aimed at racing yacht and luxury boat builders that include America’s Cup, IMOCA class and DNV GL-approved prepregs, woven reinforcements and multiaxial fabrics for hull and deck structures, masts and appendages.

At JEC World Hexcel will display an IMOCA yacht mast manufactured by Lorima using HexPly® high modulus and high strength carbon fiber prepreg from Hexcel Vert-Le-Petit. Lorima is the exclusive official supplier of masts for IMOCA 60 class racing boats.

Hexcel’s HexTow® IM8 carbon fiber has been selected as the highest performing industrial carbon fiber on the market and will be used by spar and rigging manufacturer Future Fibres to manufacture their AEROrazr solid carbon rigging for all the teams in the 36th America’s Cup.

Hexcel’s HiMax™ DPA (Dot Pattern Adhesive) reinforcements are non-crimp fabrics supplied pre-tacked, allowing multiple fabrics to be laid-up more easily in preparation for resin infusion. Providing an optimal, consistent level of adhesion, they allow a faster and more consistent resin flow, as well as eliminating the use of spray adhesive for a healthier working environment and lower risk of contamination. Simply unrolled and applied to the mold or core layer before the introduction of resin, HiMax™ DPA fabrics are widely used in boat building, where lay-up times can be reduced by up to 50%.

Wind Energy Innovations

Hexcel has developed a range of HexPly® surface finishing prepregs and semi-pregs for wind turbine blades and marine applications. Providing a tough, durable and ready-to-paint surface without using in-mold coats, these products shorten the manufacturing cycle and reduce material costs. HexPly® XF2(P) prepreg is optimized for wind blades and has a ready-to-paint surface, straight from the mold, saving at least 2 hours of takt time.

Polyspeed® pultruded carbon laminates were developed for load-carrying elements in a blade structure and are manufactured with a polyurethane matrix that provides outstanding mechanical performance in terms of stiffness and durability. The blade manufacturing process is optimized, with increased throughput. The pultruded laminates are supplied in coils as continuous cross section profiles.
HiMax™ non-crimp fabrics using E-glass, high modulus glass and carbon fibers are also available in a wide range of unidirectional, biaxial and triaxial constructions. HiMax™ fabrics have applications throughout the turbine, from the stitched carbon fiber UDs used in the main structural elements, to glass fabrics and hybrids for blade shells and nacelles. There are also specialist applications such as lightweight fabrics for heated leading edge de-icing zones.

CHOMARAT, the expert in composites reinforcements, is the partner of BABOLAT with its multiaxial carbon, C-PLY™ Hexagonal. Indeed, the specialist racket sports goods manufacturer is launching the new version of the BABOLAT’s Pure Aero. A combination of ultra-modern design and high performance, this tennis racket for champions has made an appearance on the courts of the Rolex Paris Masters. “We are very proud to be chosen by BABOLAT. Our new carbon reinforcement, added to the heart of the racket, enables better control and makes each shot more precise and stable,” says Pascal JOUBERT DES OUCHES, Sports Equipment Market Director at CHOMARAT.

C-PLYTM HEXAGONAL, THE PERFECT ALLIANCE OF PERFORMANCE & DESIGN
The addition of C-PLY™, CHOMARAT’s multiaxial carbon reinforcement, to the core of the BABOLAT’s Pure Aero has increased the racket’s stability while enhancing its performance. The specificity of the reinforcement lies in its stitching thread. “This unique thread brings out the color of the resin pigments because it has been designed to remain visible after its impregnation. It also contributes to extra reinforcement and an exceptional design!” concludes Pascal JOUBERT DES OUCHES.

Archroma, a global leader in color and specialty chemicals, recently entered in a partnership with Carlin, the world’s very first trend forecasting agency founded in 1947, aiming to promote the use of Archroma’s exclusive color inspiration tools to fashion designers and stylists in France.

Under the terms of the new partnership, Carlin will use the ‘Color Atlas by Archroma®’ color references in the Carlin’s 16 publications per year, including the InMouv trend books. Carlin will also use the Color Atlas during its color workshops, and Carlin and Archroma will organize regular conferences and events for fashion brands in major French cities, including Paris.
The partnership agreement also appoints Carlin as Archroma’s sales agent for its color management products in France, including the Color Atlas by Archroma® color library and related tools. Archroma’s color management services will continue to be sold through the existing channels.

The Color Atlas by Archroma® uses complementary tools to enhance creative possibilities for designers and brands. It incorporates the six-volume ‘Color Atlas’ Library, with over 4,300 colors on cotton poplin; the two-volume ‘Color Atlas Compact’ for improved portability; and the ‘Color Atlas Online’ which enables you to take an image with your smartphone and identify the closest Color Atlas shades.
“Just like designers, brands, retailers, manufacturers and Carlin, we are passionate about color trends,” explains Chris Hipps, Global Director of Archroma Color Management Services. “We redefined the concept of a color library for the textile industry with our Color Atlas, an essential and inspirational reference that gives creatives options that they had never dreamed of. With our new partnership with Carlin we’ll be able to share our Color Atlas and our passion for color with a new audience.”

“Carlin is at the forefront of trend forecasting,” explains Edouard Keller, Head of International Sales, Carlin. “And that includes the use of color. Archroma offers a suite of services and tools that are both practical and instantly available for our clients; this is what makes their solution so attractive to us. Our partnership with Archroma will empower us to share the advanced Color Atlas and associated tools with creatives throughout France, helping them to unlock their creativity with color.”

• China-based Yanfeng Global Automotive Interiors improves cutting precision with Lectra’s Vector® iX6

Paris – Lectra, the technological partner for companies using fabrics and leather, is pleased to announce that Yanfeng Global Automotive Interiors (YFAI), the world’s largest supplier of vehicle interior components, has adopted the Vector iX6® advanced fabric-cutting solution to stay apace of evolving production needs.

YFAI supplies a broad range of products spanning instrument panels, cockpit systems, door panels, floor consoles and overhead consoles—the majority of which incorporate vinyl and laminated woven fabric pieces.

Growing consumer demand for personalization and customization is contributing to an overall increase in soft trim content in vehicle interior components. The Vector iX6 provided by Lectra is intended to help YFAI increase the capacity and fabric-cutting efficiency of its new vehicle program in Anting.

In the manufacturing of vehicle interiors, cutting level precision is of the utmost importance because pieces must fit into door panel designs with a high degree of accuracy. Equipped with a special cutting blade, Vector iX6’s ultra-precise cutting improves material utilization by minimizing buffer between parts. The solution’s superior cutting control software and high-frequency vibration cutting also enable a considerable improvement in productivity.

“As vehicle interior designs become increasingly complex, process requirements change accordingly,” remarks Guan Qinghua, Director, Advanced Manufacturing Engineering, YFAI. “The ability to achieve greater productivity and precision for the smaller fabric and vinyl pieces becomes particularly critical. Lectra’s Vector iX6 satisfies this need while also improving fabric utilization and cutting efficiency.”

“Understanding evolving market trends lies at the heart of what we do,” states Javier Garcia, Senior Vice-President, Automotive Sales, Lectra. “Since its launch, Vector iX6 has been quickly adopted by interior component suppliers like YFAI. VectorAuto iX6 contributes to a drastic reduction in the manufacturing cost per set, especially for small parts produced using vinyl and other materials complex to cut.

• JEC World 2018, closes its doors on March 8 with a record increase in attendance resuming 3 days of vibrant networking and knowledge sharing.

The event confirms its leading position of JEC Group as number one organization for the promotion and development of the composites industry. Indeed the show welcomed more than 1,300 exhibitors from every continents and counted 42,445 professional visits from 115 countries. “The ability of JEC Group to gather the whole composites Industry under one roof over 3 days lies in the fact that we always initiate new precursory programs to the service of composites professionals.” says Ms. Frédérique Mutel, JEC Group President & CEO. “This year we initiated new programs, for instance the Composite Challenge allowing 10 PhD students to pitch their thesis in front of the industry, thus facilitating connections between students and industrialists. In the same spirit, we increased in power our Start Up Booster and Innovation Award Programs to accelerate relations between young or innovative companies with investors or established enterprises. We also introduced one new planet called “Make it Real” along with the Aero, Auto and Construction planets. In this planet, we could discover astonishing futuristic products for example the Aeromobil, a flying car that would revolutionize urban transportation in the near future,“ she adds. “We launched our new Book on Natural Fibers: Flax and Hemp. We had strong communications on Composites Environmental Input and Recycling.”

The event was the first event to promote and host the new “French Fab”, a French government initiative to internationally promote the French Industry and Manufacture. Also, JEC World welcomed the French Secretary of State to the Minister of Economy and Finance Ms. Delphine Gény-Stephann, visit that demonstrates the growing role of composites in the industry.

Inspiring Keynotes to foster composites disruption

Dirk Ahlborn,CEO of Hyperloop opened the Startup Booster ceremony by supporting the spirit of ingenuity in the Industry. Dayton Horvath, industry expert and consultant in additive manufacturing presented his vision of how to apply artificial intelligence to composite Materials and Manufacturing. Finally, Yves Rossy, the “jetman” using the latest carbon-fiber wings for flight introduced the JEC Innovation awards ceremony, motivating the audience to pursue their dreams and explaining how composites could made his dreams come true.

The "Public Choice” Awards Winners

A first at the show this year was the introduction of the public votes to elect their favorite projects among two JEC programs promoting innovation. “The goal to create the “public choice awards” was to involve and embark our community to make their innovation loud. Our vision at JEC is to demonstrate and to make understand towards a broader scope the vast range of possibilities that composite materials offer.”
comments Ms. Anne-Manuèle Hébert, Director for JEC World and European Events for JEC Group.

Public Choice Award for Startup  Booster: Inca-Fiber (Germany) with 62.36% of the 2,221 votes
Public Choice Award for JEC Innovation Awards: Infusion technology for an aircraft wing by AeroComposit JSC (Russia) gaining 20.96% of the 4,126 votes.

On March 6-8, 2018, Paris will host the largest international trade show for advanced materials: JEC World, which is organized by JEC Group. For three days, more than 43,000 professional visits from some 100+ countries will gather at the world’s most innovative platform for the materials and products that are revolutionizing our century. “One field where France is a global leader is the field of composites!” says JEC Group President and CEO Frédérique MUTEL.

COMPOSITES ARE GOING STRONG
The share of composites in the global economy is growing. The market for these products is worth 83 billion euros, for a volume of 11.23 million metric tons of volume (2017 statistics). Analysts are predicting a steady 5% growth by 2021. From the industrial viewpoint, composites are developing rapidly, with new automated processes for high-volume production.

INNOVATION IN COMPOSITES
“Innovation is there with the raw materials, such as better-formulated resins (and even recyclable ones like thermoplastics) and higher-performance fibers like carbon, glass and aramid. Moreover, natural materials like starch for matrices and flax, hemp, sisal and bamboo for fibers are being introduced. There is also innovation in the ways composites are being used, and with the creation of completely new things like drones, electronic devices, hydrofoils and flying taxis. Composites are currently making progress everywhere there is a need for low weight and performance. They offer nearly infinite possibilities. These are truly the materials of the century. Designers are adopting them in a broad range of fields like smart cities, infrastructure, networks, transportation, medical devices, sports & leisure and design. Composites materials expand the field of possibilities.” explains Ms. MUTEL.

“MAKE IT REAL” AT THE 2018 JEC WORLD TRADE SHOW
To present the latest trends and innovations, the 2018 JEC World has even more surface area, with 68,000 square meters. The 1,350 exhibitors (from carbon fiber producer to auto builder, from designer to decorator, from research fellow to aircraft manufacturer) will display their latest advances. All stakeholders will be present at the show. JEC World received more than 40,000 professional visits last year, and is expecting 43,000 this year!

THE NEW “MUST” THINGS TO SEE
This year, JEC World will have four planets. Besides the aerospace, automotive and construction planets, there will be a new “Make it real” planet, which gives a preview of designer creations to be exhibited at the Ghent museum starting in October 2018. “We will show the many aspects of composites, and how these materials are being gradually incorporated into everyday objects,” adds Ms. MUTEL.
This year’s JEC World will feature a new “Composite Challenge” program that gives the floor to ten PhD students, who will be given five minutes to pitch their research projects with the help of a single slide. “True to its mission, the JEC Group has set up this new program to share the latest research on composites. But it is not just a way to share the most advanced knowledge, it also helps to bridge the gap between academics and the industry and to identify the industry’s next generation of leaders,” she says.
JEC World will also be the occasion to launch Flax & Hemp Fiber Composites, A Market Reality: The Biobased Solution for the Industry, a new book published by JEC Group on the use of plant-based materials.

KNOWLEDGE & NETWORKING PROGRAMS SUPPORTED BY JEC GROUP
The trade show will host well-known speakers, including Dirk AHLBORN, the CEO of Hyperloop Transportation Technologies, a company that is reinventing transportation with high-speed travel (up to 1,300 km/h, or 808 mph), and Yves ROSSY, aircraft pilot and inventor of the first jet-powered wingpack, with which he is able to reach speeds of up to 300 km/h, or 186 mph. The Startup Booster program will pay tribute to startups, and the JEC Innovation Awards program, to innovations. For the first time, the public will be invited to vote on these two programs!
Six new conferences will also address the latest technical advances that are moving the sector forward, and a Composites in Action program will present live demonstrations throughout the show, in three different places.

For the first time at FILO Milano, Filatura C4 is proud to present, in addition to the already established Re.Verso™ collection for contract, the Blue Drop winning fabric by Audejas, made with Re.Verso™ re-engineered wool. A result born from the shared commitment and vision to integrate a new generation of eco values into their circular economy creations.

Since 1962, Filatura C4 has been known for smart innovation in furnishing contract markets and is now specializing in the recovery of both technical and natural fibers. The company offers a wide range of styles and typologies of yarns for the Technical, Natural and Classic categories. From the choice of raw materials up until the final packaging, Filatura C4 develops and proposes, together with its partners, tailored solutions apt to satisfy a diversified demand. Thanks to its background and its grounding, Filatura C4 is a unique partner for Re.Verso™ in the contract sector.

The collection was planned to satisfy the market’s increasingly more specific needs, which require increased specialization and responsibility in the recovery of textile fabrics. Thanks to the Re.Verso™ system, the company offers quality products with low environmental impact through the use of pre-consumer wool packaging cuts which are collected, selected and processed in an accredited, fully transparent and traceable way. The Re.Verso™ collection is mainly employed in contract and home furnishing.

The Re.Verso™ product is available in a range of counts going from 5,000 to 9,500 Nm and it can be supplied both in singles and in twisted plies.  Re.VersoTM yarns by Filatura C4 are certified by ICEA (Environmental and Ethical Certification Institute) according to GRS (Global Recycled Standard) issued by the international body Textile Exchange and can boast unique savings (in comparison to virgin wool) in terms of energy (-27%), water consumption (-53%), and CO2 emissions (-49%), as certified by the LCA (Life Cycle Assessment) study led by Prima Q.

At Filo, Filatura C4 presents the prizewinning product signed by Audejas, leading Lithuanian producer of upholstery and home textile fabrics since 1946, made for the 75% of wool (55% Re.Verso™ wool) in mix with 20% polyamide and 5% other fibres. This product received the Blue Drop Award on the second day of MoOD 2017. MoOD Brussels is an exhibition dedicated to producers of upholstery, window and wall coverings for the residential and contract market. The Blue Drop exhibition is an inspiring overview of the “best of the best” of what you can find at MoOD selected from creations submitted by exhibitors. Unique in its own way because it is the world’s only quality label of its kind for interior textiles. The “Floris” fabric by Audejas, won the first prize of the Circular Material category, being recognized as a  product that made great effort reducing waste by focusing on eco-centric materials.

• Revenue up 11 percent to EUR 1,149.1 mn
• EBITDA increase of 38.8 percent to EUR 270.7 mn
• Detailed planning for new production plant for TENCEL® fibers in Thailand in Progress
• New sales offices opened in Turkey and Korea
• New EcoVeroTM branded viscose fibers with very favorable ecological footprint launched

The Lenzing Group generated new record highs in the first half of the 2017 financial year for both revenue and earnings. The key underlying factors were good capacity utilization, higher selling prices and an attractive product mix. Lenzing will continue to focus on the disciplined implementation of the Group strategy sCore TEN, in order to be even closer to the customer and to further expand the offering of specialty fibers.

Consolidated revenue increased by 11 percent from the first half of the previous financial year to EUR 1,149.1 mn. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) were up 38.8 percent to EUR 270.7 mn, corresponding to an EBITDA margin of 23.6 percent in comparison to 18.9 percent in the prior-year period. Earnings before interest and tax (EBIT) increased by 57.4 percent to EUR 204.2 mn, resulting in a higher EBIT margin of 17.8 percent (H1 2016: 12.5 percent). The profit for the period improved by 58.9 percent to EUR 150.3 mn, and earnings per share climbed 59 percent to EUR 5.55 per share.

“The first half-year developed very well for the Lenzing Group, and we are pleased with the best half-year period in the company’s history. We will continue our disciplined implementation of the sCore TEN strategy. The expansion of new state-of-the-art production capacities for our specialty fibers is proceeding well and will support our customers in their own expansion efforts for products made of our botanic fibers. The decision to set up a subsidiary and acquire a respective landplot in Thailand is the next step in the implementation of this strategy. On the innovation side we are proud that after the introduction of RefibraTM branded lyocell fibers, we launched now EcoVeroTM. This is a particularly high-performance fiber featuring a very favorable ecological footprint and sets the new benchmark for the entire industry – from fiber to garment”, states Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “Assuming that fiber market conditions remain at current levels, we expect a substantial earnings improvement in 2017 compared to 2016.”