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(c) PCMC, Barry-Wehmiller
05.05.2022

PCMC opens Packaging Innovation Center for printing and packaging industries

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

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

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

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

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

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

Source:

PCMC, Barry-Wehmiller

05.05.2022

adidas und Foot Locker, Inc. announce partnership for sports community and sneaker culture

adidas AG and Foot Locker, Inc. announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the basketball category, accelerate energy and hype launches, as well as include the development and expansion of key franchises across women’s, kids, and apparel. Including all Foot Locker banners in North America, EMEA, and Asia-Pacific, the new strategic partnership will target over $2 billion in retail sales by 2025, nearly tripling levels from 2021. In 2022, adidas expects to generate incremental revenues of up to €100 million as a result of the new partnership.  

adidas AG and Foot Locker, Inc. announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the basketball category, accelerate energy and hype launches, as well as include the development and expansion of key franchises across women’s, kids, and apparel. Including all Foot Locker banners in North America, EMEA, and Asia-Pacific, the new strategic partnership will target over $2 billion in retail sales by 2025, nearly tripling levels from 2021. In 2022, adidas expects to generate incremental revenues of up to €100 million as a result of the new partnership.  

Foot Locker will lead adidas' basketball offering, led by Fear of God founder and designer Jerry Lorenzo, spanning the lifestyle and performance categories, and develop exclusive positions in both areas. In addition, the collaboration will focus on key Originals franchises including NMD, Superstar and Stan Smith, and on the adidas influencer partnership portfolio. It will also include a prominent role for Foot Locker in the launch of adidas’ new Sportswear product division targeting the lifestyle consumer.

To execute the new plan, adidas will provide Foot Locker with a dedicated team to deliver an elevated consumer experience both in stores and online to help create demand and elevate the marketplace. This will involve partnership on product development, exclusive Foot Locker positioning, increased product allocations, shared marketing spend, and an elevated premium presence across Foot Locker’s entire portfolio of banners with a special focus on key cities and communities that the companies jointly serve. Lastly, to provide consumers with a seamless consumer journey, on and offline, both partners will increase their digital focus and accelerate the rollout of the adidas partner program at Foot Locker.

Source:

adidas AG

(c) Mahlo GmbH + Co. KG
04.05.2022

Altun Tekstil acquires weft straighteners from Mahlo

Turkish company Altun Tekstil, a manufacturer of home textiles and upholstery fabrics, has ordered a total of five of the latest Orthopac RVMC-15 weft straighteners from Mahlo.

The production of textured yarns, weaving and raschel knitting as well as dyeing and finishing is included in Altun’s operations. While the focus is on tulle curtains and upholstery, the company’s fabric range also encompasses a wide variety for apparel.

When investing in the future, Altun Tekstil has consistently trusted in Mahlo and has installed 10 Mahlo Orthopac RVMC-15 weft straighteners in its two plants since 2016.

Lowest residual distortion at highest speed
All the Mahlo weft straighteners Orthopac RVMC-15 are integrated into existing production lines. Mahlo’s latest weft straightener is fit to interact and communicate via the newly mSmart concept with all production lines and provide historical data, which help to improve the production processes.

Turkish company Altun Tekstil, a manufacturer of home textiles and upholstery fabrics, has ordered a total of five of the latest Orthopac RVMC-15 weft straighteners from Mahlo.

The production of textured yarns, weaving and raschel knitting as well as dyeing and finishing is included in Altun’s operations. While the focus is on tulle curtains and upholstery, the company’s fabric range also encompasses a wide variety for apparel.

When investing in the future, Altun Tekstil has consistently trusted in Mahlo and has installed 10 Mahlo Orthopac RVMC-15 weft straighteners in its two plants since 2016.

Lowest residual distortion at highest speed
All the Mahlo weft straighteners Orthopac RVMC-15 are integrated into existing production lines. Mahlo’s latest weft straightener is fit to interact and communicate via the newly mSmart concept with all production lines and provide historical data, which help to improve the production processes.

The fully integrated units benefit from universal control technology and the intuitive Mahlo mSmart G15 visualization concept. The HMI has been optimized for userfriendliness. The visualisation concept is constantly enhanced and ready for Industry 4.0. The path to a digital future within Altun is prepared.

Source:

Mahlo GmbH + Co. KG

04.05.2022

Lenzing rides out significant cost pressure to report solid first quarter

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

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

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

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

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

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

Source:

Lenzing AG

03.05.2022

DOMO: Mechanische Struktursimulation für PA6-GF-Werkstoffe

  • Das MMI (Materialmodellierung, mechanische Berechnung und Spritzgusssimulation)-Team für fortgeschrittene Simulationstechnologien bietet erheblich verbesserten Service für PA6-GF-Werkstoffe
  • Integrative Simulationsumgebung lässt sich effektiv mit der Digimat-Software anwenden und gewährleistet präzise und robuste Finite-Elemente-Analysen

DOMOs fortschrittliche Simulationsumgebung MMI für PA66-Bauteile gilt auf dem Markt bereits als Referenz für präzise Simulationen. Ab sofort unterstützt dieses Simulationstool OEMs und Bauteillieferanten bei der Entwicklung von leistungsfähigen, leichten und kosteneffizienten Bauteilen aus PA6. Mit dem DOMO Service Hub können Bauteilentwickler ihre Polyamidlösungen somit schneller in Serie bringen.

Bei glasfaserverstärkten Materialien muss die Ausrichtung der Glasfasern berücksichtigt werden, die während des Spritzgussverfahrens entsteht. Dabei ermöglicht die Digimat-Software eine genaue integrative Simulation. DOMO besitzt ein umfangreiches Fachwissen bei der integrativen Simulation der TECHNYL® A-Serie von PA66-GF-Materialien und ist daher in der Lage, präzise Bauteilsimulationen durchzuführen.

  • Das MMI (Materialmodellierung, mechanische Berechnung und Spritzgusssimulation)-Team für fortgeschrittene Simulationstechnologien bietet erheblich verbesserten Service für PA6-GF-Werkstoffe
  • Integrative Simulationsumgebung lässt sich effektiv mit der Digimat-Software anwenden und gewährleistet präzise und robuste Finite-Elemente-Analysen

DOMOs fortschrittliche Simulationsumgebung MMI für PA66-Bauteile gilt auf dem Markt bereits als Referenz für präzise Simulationen. Ab sofort unterstützt dieses Simulationstool OEMs und Bauteillieferanten bei der Entwicklung von leistungsfähigen, leichten und kosteneffizienten Bauteilen aus PA6. Mit dem DOMO Service Hub können Bauteilentwickler ihre Polyamidlösungen somit schneller in Serie bringen.

Bei glasfaserverstärkten Materialien muss die Ausrichtung der Glasfasern berücksichtigt werden, die während des Spritzgussverfahrens entsteht. Dabei ermöglicht die Digimat-Software eine genaue integrative Simulation. DOMO besitzt ein umfangreiches Fachwissen bei der integrativen Simulation der TECHNYL® A-Serie von PA66-GF-Materialien und ist daher in der Lage, präzise Bauteilsimulationen durchzuführen.

Die neuen MMI-PA6-GF Materialkarten können für eine Vielzahl von Glasfaserkonzentrationen und -temperaturen sowie für elastische und elastoplastische Materialmodelle mit Versagensindikatoren eingesetzt werden. Diese sind in der Digimat Software verfügbar und führen zu den gleichen präzisen Ergebnissen wie bei den TECHNYL® A PA66-Werkstoffen. Die neuen Materialkarten heben somit die PA6-Datenbank auf das gleiche Leistungsniveau wie PA66 an. Im nächsten Schritt werden in die Digimat-Datenbank auch crashspezifische und thermische Modelle eingepflegt.

„Dank der präzisen MMI-Simulation können TECHNYL® Bauteile entwickelt werden, die leichter, leistungsfähiger und kosteneffizienter sind“, erklärt Gilles Robert, Material Expert bei DOMO. „Unsere Kunden profitieren von kürzeren Entwicklungszeiten und haben eine bessere Kontrolle über die internen Kosten. Der kontinuierliche Aufbau der TECHNYL®-Materialdatenbank erweitert das Anwendungsfeld dieser Simulationsumgebung auf PA6 Bauteile.“

Source:

DOMO Chemicals / Marketing Solutions NV

Photo: ANDRITZ
03.05.2022

ANDRITZ to supply a second needlepunch line to Manifattura Fontana

ANDRITZ has received an order from Manifattura Fontana, part of Sioen Group, to supply a complete neXline needlepunch line for the production of geotextiles to its site in Romano d’Ezzelino, Italy. Start-up of the line is planned for the fourth quarter of 2022.

The ANDRITZ needlepunch line will cover all process steps from fiber opening to automatic packaging of the product. The line will also include the latest ProWin profiling technology to enhance web weight evenness on cards and crosslappers. Another important feature is waterproof roll packaging, which is increasingly in demand on the market. Thus, Manifattura Fontana will be one of the very few players in the world to deliver fabric rolls with waterproof protection.

ANDRITZ has received an order from Manifattura Fontana, part of Sioen Group, to supply a complete neXline needlepunch line for the production of geotextiles to its site in Romano d’Ezzelino, Italy. Start-up of the line is planned for the fourth quarter of 2022.

The ANDRITZ needlepunch line will cover all process steps from fiber opening to automatic packaging of the product. The line will also include the latest ProWin profiling technology to enhance web weight evenness on cards and crosslappers. Another important feature is waterproof roll packaging, which is increasingly in demand on the market. Thus, Manifattura Fontana will be one of the very few players in the world to deliver fabric rolls with waterproof protection.

This will be the second line in only three years to be supplied by ANDRITZ to Manifattura Fontana. Manifattura Fontana is part of the Belgian technical textile group Sioen Industries. It is a leading company in the global geotextile market and provides its customers with added-value geotextiles for many applications, such as the construction of roads, railways, reservoirs, dams, and tunnels, as well as for earthworks, foundations, erosion control, drainage, waste disposal, or containment.

Source:

ANDRITZ AG

(c) Ralph Koch for Mayer & Cie
29.04.2022

Mayer & Cie. launches upgrade kits for existing circular knitting machines

This month, the circular knitting machine manufacturer Mayer & Cie. is launching its upgrade kits for circular knitting machines that are already successfully in use by customers. With tailor-made packages, the company wants to give its users the opportunity to take advantage of technological progress in their existing machines. The aim is to improve the performance of the existing machines and to extend their service life. In addition to the machine-specific upgrade kits, the company now starts offering tailormade spare parts packages. They are intended to ensure machine availability and equip customers with spare parts for standard situations. In addition, they offer a degree of independence from possible failures in the supply chain and rising transport costs.

Longevity, a popular product property
“Longevity of our circular knitting machines is definitely a property that our satisfied customers mention regularly”, Mayer & Cie. sales director Wolfgang Müller says. The company estimates that up to 50 percent of all the circular knitting machines it has ever made are still around in the market somewhere.

This month, the circular knitting machine manufacturer Mayer & Cie. is launching its upgrade kits for circular knitting machines that are already successfully in use by customers. With tailor-made packages, the company wants to give its users the opportunity to take advantage of technological progress in their existing machines. The aim is to improve the performance of the existing machines and to extend their service life. In addition to the machine-specific upgrade kits, the company now starts offering tailormade spare parts packages. They are intended to ensure machine availability and equip customers with spare parts for standard situations. In addition, they offer a degree of independence from possible failures in the supply chain and rising transport costs.

Longevity, a popular product property
“Longevity of our circular knitting machines is definitely a property that our satisfied customers mention regularly”, Mayer & Cie. sales director Wolfgang Müller says. The company estimates that up to 50 percent of all the circular knitting machines it has ever made are still around in the market somewhere.

Upgrades boost performance and value
Value retention, maintenance and upgrades for existing machines are a key issue for the company – and for the customers who successfully use existing Mayer & Cie equipment. That’s why the company recently launched customised upgrade kits to improve the long-term performance of machines.

Low budget, clear benefit
Compared to a new machine, upgrade kits are a low-cost investment that deliver clearly defined benefits. For example, an improved yarn guide ensures a significant increase in the plating reliability and output of the machine in question.

Most of the upgrade kits is machine-specific; the aforementioned yarn guide ensures a boost in productivity for the Relanit 3.2 II and Relanit 3.2 S. For S4 machines an optimised fluff blowing device can be the solution. It ensures that less fluff is knitted in and thereby improves the fabric quality. It also reduces downtimes that would otherwise be required for cleaning. Upgrade kits suitable for most Mayer & Cie. machines are the edge trimmer to open a fabric hose before the fabric’s rolling-up and the laying facility for high-quality hose fabric.

Spare part packages: Inside is what is required
In addition to individual upgrade kits Mayer & Cie. now offers spare parts packages. They too are customised for individual machines. When purchasing a machine, the customer can also order a small or a large spare parts package. Selected specially for the machine in question, it contains the most important consumables and spare parts.
The new spare parts packages also increase customers’ independence of supply chain failures and rising transport costs.

Source:

Mayer & Cie GmbH & Co. KG

(c) Hexcel Corporation
29.04.2022

Hexcel Composite Solutions for the Automotive, Marine, Wind Energy and Recreation Markets at JEC World 2022

Hexcel will present a wide range of high-performance composite innovations for the Automotive, Marine, Wind Energy and Recreation markets during JEC World 2022 in Paris on May 3 – 5.

Hexcel will present a wide range of high-performance composite innovations for the Automotive, Marine, Wind Energy and Recreation markets during JEC World 2022 in Paris on May 3 – 5.

G-Vent Technology for Marine Structures
Hexcel has developed a new technology for out-of-autoclave (OoA) processing that delivers a game-changing reduction in process time and cost for marine manufacturers without compromising mechanical performance. Hexcel has leveraged its experience in aerospace and wind energy to develop its new G-Vent technology for OoA processing of highly loaded, thick section marine structures such as masts, foils, and wind-assisted ship propulsion (WASP) components. A full range of Hexcel marine prepregs are now available with integrated G-Vent technology, reducing the requirement for debulking steps and ensuring extremely low porosity (<1%) regardless of the laminate thickness. Leading marine non-destructive testing specialists Q.I. Composites recently confirmed that the thick section G-Vent panels they had evaluated had void contents and laminate quality in line with state-of-the-art autoclaved prepreg components. Visitors to the Hexcel stand will see a unique 400mm carbon cube cured in a single stage using 695 layers of HexPly M79 carbon fiber UD600 prepreg with G-Vent technology.

New HexPly® Nature Range Sustainable Prepregs
HexPly® Nature Range prepregs feature proven resins such as HexPly M49, M78 and M79 with bio-derived epoxy resin content. Created for use in all industrial markets, HexPly Nature Range materials can be seamlessly integrated into existing production processes, maintaining consistent mechanical performance and processing properties. A dedicated sustainability corner of the Hexcel stand will detail Nature Range products optimized for automotive, marine, wind energy and winter sport applications. The display will include an alpine ski produced by leading manufacturer Tecnica Group Ski Excellence Center which produces skis for Blizzard and for Nordica using HexPly Nature M78.1 UD flax prepreg material. In addition to the reduced environmental impact of the sustainably grown reinforcement, the flax fiber laminates also improve impact resistance and vibration damping in the ski.

HexPly® XF Surface Technology for Improved Part Surface Finish Quality
HexPly XF is a lightweight, semi-preg material that replaces traditional in-mold gel coat. It eliminates time-consuming refinishing work typically required to obtain a paint-ready surface and produces lighter, more consistent parts with shorter cycle times and a cleaner working environment. Visitors to the stand will see a composite panel illustrating a high-quality painted surface enabled with XF technology in a diverse range of industrial applications such as super yacht roof parts, Class A surface automotive panels, and both prepreg and infused wind turbine blades.

HexPly® M49 Prepreg for Automotive Visual Carbon Parts
HexPly M49 is easy to process and is especially suitable for visual carbon fiber-look applications such as the Brabus hood scoop on display on the Hexcel stand at JEC.

HexPly® Prepregs and HiMax® Reinforcements for Performance Marine Structures
Using a scale model of a Gunboat 68 performance sailing catamaran, Hexcel will illustrate how its HexPly and HiMax materials provide manufacturers with a complete set of lightweight composite solutions for high-performance marine structures. HexPly prepreg was selected for critical structural parts of the Gunboat 68 and provides very high mechanical performance including high dry and wet Tg.

Heavyweight HiMax reinforcements offer high deposition rates and remain easy to handle after cutting, making them highly suitable for industrial applications. In combination with a lightweight PrimeTex® woven fabric, the package of carbon fiber HiMax materials developed for the Gunboat 68 enabled consistent resin flow during infusion with reduced surface print-through.

Hexcel Fibers and Reinforcements for Lightweight Sporting Equipment
Sporting equipment manufacturers rely on Hexcel composite materials to deliver the ultimate performance at the lowest possible weight. Hexcel will exhibit a number of the latest high-performance sporting equipment applications such as a Bauer hockey stick featuring PrimeTex 98 gsm AS4C 3K fabric and a Corima tri-spoke cycling wheel made with lightweight Hexcel carbon fiber UD tape. Hexcel will also demonstrate how its HexTow® carbon fibers are used in key leisure and marine applications by displaying an AEROrazr solid carbon rigging component manufactured by spar and rigging manufacturer Future Fibres for the 36th America’s Cup.

 

Source:

Hexcel Corporation / 100% Marketing

29.04.2022

Baldwin showcases connected process technologies at Print4All

Baldwin Technology Company Inc. will showcase its latest high-performance color management, surface treatment, LED-UV curing, inspection, defect detection and Industry 4.0-based analytics solutions at Print4All, which is taking place May 3 to 6 at Fiera Milano in Italy.

One of its latest advances — which will be on display at Print4All — is the XP Quatro Series™ LED-UV curing module with one head and two frequencies for broader applications. It is designed to economically and efficiently cure LED-formulated printing inks and coatings on sheetfed and web offset printing presses, as well as on larger-format flexo presses and digital print engines. The XP Quatro Series LED-UV enhances print quality, while operating at top speeds, driving increased productivity and profitability.

Italy’s ACM Flexible Packaging selected Baldwin as its LED-UV partner and became one of the first flexible film converters to offer all LED-UV curing in a narrow to mid-web format. This partnership established LED-UV printing as a growing production standard in flexible packaging and labels. Today, ACM is a 100% LED-UV, non-mercury facility.

Baldwin Technology Company Inc. will showcase its latest high-performance color management, surface treatment, LED-UV curing, inspection, defect detection and Industry 4.0-based analytics solutions at Print4All, which is taking place May 3 to 6 at Fiera Milano in Italy.

One of its latest advances — which will be on display at Print4All — is the XP Quatro Series™ LED-UV curing module with one head and two frequencies for broader applications. It is designed to economically and efficiently cure LED-formulated printing inks and coatings on sheetfed and web offset printing presses, as well as on larger-format flexo presses and digital print engines. The XP Quatro Series LED-UV enhances print quality, while operating at top speeds, driving increased productivity and profitability.

Italy’s ACM Flexible Packaging selected Baldwin as its LED-UV partner and became one of the first flexible film converters to offer all LED-UV curing in a narrow to mid-web format. This partnership established LED-UV printing as a growing production standard in flexible packaging and labels. Today, ACM is a 100% LED-UV, non-mercury facility.

Baldwin’s Print4All booth also will showcase Industry 4.0 and industrial Internet of Things-enabled technologies that work together to achieve greater uptime, productivity and automation. Featured solutions pair sensor-gathered data with operational data from Baldwin equipment to gain live, actionable insights to improve production monitoring, so printers and converters can achieve new levels of color consistency with fewer defects and greater assurance of curing.

Other highlights in Baldwin’s booth include the Corona Slim treatment system, which ensures the exact dyne levels needed for perfect uniformity in application, and the Guardian PQV 100% Print Inspection, which provides complete print quality verification from prepress through production, reporting and archiving.

Source:

Barry-Wehmiller

(c) DOMO Chemicals
29.04.2022

DOMO Chemicals expands production capacity of TECHNYL® polyamide in China

  • The first year of TECHNYL® in China under the DOMO brand name; DOMO will be pushing forward its expansion plan of high-performance polyamides in China
  • Continued innovation in engineered nylon materials for a sustainable future

DOMO Chemicals announced a long-term investment plan in China to continue expanding its production capacity of TECHNYL® high-performance polyamides. This plan aims to meet growing demand in the automotive, electrical & electronics, and industrial consumer goods industries, and help build a sustainable future. DOMO Chemicals acquired Solvay's Performance Polyamides business in 2020 and has sold the TECHNYL® products globally since February 1, 2022, including in China, one of the company's key strategic markets.

  • The first year of TECHNYL® in China under the DOMO brand name; DOMO will be pushing forward its expansion plan of high-performance polyamides in China
  • Continued innovation in engineered nylon materials for a sustainable future

DOMO Chemicals announced a long-term investment plan in China to continue expanding its production capacity of TECHNYL® high-performance polyamides. This plan aims to meet growing demand in the automotive, electrical & electronics, and industrial consumer goods industries, and help build a sustainable future. DOMO Chemicals acquired Solvay's Performance Polyamides business in 2020 and has sold the TECHNYL® products globally since February 1, 2022, including in China, one of the company's key strategic markets.

The global demand for polyamide materials is currently booming at a CAGR of up to 3 percent. The adoption of new energy vehicles (including pure electric, hybrid and fuel cell vehicles) is expected to reach 45 percent globally by 2030, and automakers are increasingly using sustainable materials to make components, which are key growth drivers of the polyamide market. In addition, the demand for miniaturized circuit breakers, contactors, plug switches, and other components in the electrical and electronics and industrial consumer goods industries further opens up the application potential for polyamide materials.

DOMO Chemicals will continue to expand the capacity of its production site in Jiaxing, Zhejiang Province, which has been planned to be gradually introduced in three stages:

  • Since March 2022, an additional 6,000 tons of capacity has been made available, with the plant achieving the total capacity of 14,000 tons of PA6 from April onwards.
  • A 35,000-ton new plant in Haiyan is planned to be completed in the third quarter of 2023, in which DOMO Chemicals has invested more than 14 million euros (97 million yuan).
  • Going forward, DOMO Chemicals will further expand the plant, gradually increasing its capacity to 50,000 tons.

In addition to the expansion, the plant will also use renewable energy wherever possible, adopt advanced water and air treatment technologies to reduce water consumption and CO2 emissions, and fully comply with Health, Safety and Environmental Management System (HSE) regulations. DOMO Chemicals will improve HSE compliance continuously and work closely with the local government, while partnering with key local and global customers to accelerate innovation and development across a wide range of industries.

TECHNYL® has been committed to helping customers improve their low-carbon competitiveness since its very first year in China. It allows OEMs and component makers in the automotive, electrical & electronics, and industrial consumer goods segments to create lightweight, durable, aesthetically pleasing, smart and environmentally-friendly products.

Source:

DOMO Chemicals / Marketing Solutions NV

(c) ChemSec, report Not Quite 100%
28.04.2022

ChemSec' Study: Consumer brands demand clarity on recycled plastics

A new interview study from NGO ChemSec shows that there is a gap between supply and demand when it comes to recycled materials, causing confusion and bottlenecks. Among other things, suppliers go out of their way using elaborate trade schemes to reach the coveted ”100% recycled” tag, which – it turns out – is not that important to consumer product brands. Far more crucial aspects, according to several major B2C companies, are:

  • Honest communication towards customers
  • Comprehensive information from suppliers
  • Clear standards for recycled material

These are some of the conclusions from NGO ChemSec’s survey and interview study with 26 highly well-known consumer product brands. All brands responded to a survey concerning their current plastic use, as well as their needs, expectations and challenges regarding using more recycled material, to enable the shift to a circular economy for plastics.

Ten of the brands then participated in in-depth interviews on the same topics:, Essity, H&M, IKEA, Inditex , Lego, Mars,  SC Johnson, Tarkett, Unilever and Walgreens Boots Alliance.

A new interview study from NGO ChemSec shows that there is a gap between supply and demand when it comes to recycled materials, causing confusion and bottlenecks. Among other things, suppliers go out of their way using elaborate trade schemes to reach the coveted ”100% recycled” tag, which – it turns out – is not that important to consumer product brands. Far more crucial aspects, according to several major B2C companies, are:

  • Honest communication towards customers
  • Comprehensive information from suppliers
  • Clear standards for recycled material

These are some of the conclusions from NGO ChemSec’s survey and interview study with 26 highly well-known consumer product brands. All brands responded to a survey concerning their current plastic use, as well as their needs, expectations and challenges regarding using more recycled material, to enable the shift to a circular economy for plastics.

Ten of the brands then participated in in-depth interviews on the same topics:, Essity, H&M, IKEA, Inditex , Lego, Mars,  SC Johnson, Tarkett, Unilever and Walgreens Boots Alliance.

Is non-mechanical recycling the answer?
Only about ten percent of all discarded plastics is recycled today, which is of course not nearly enough to achieve a circular plastics economy. Despite ambitions and initiatives to reduce plastics use – replacing the materials with other, more sustainable ones – the “plastic tap” is not expected to be turned off anytime soon. Quite the opposite, which makes raising the recycling rates more important than ever.

Although commercially viable, traditional (mechanical) recycling is afflicted with severe flaws, such as legacy chemicals, quality and functionality issues, as well as the lack of clean and sorted waste streams. The brands cited quality and functionality issues as the main obstacles for using more recycled material in their products.

This opens up for non-mechanical recycling, sometimes referred to as chemical recycling, where the plastic is either dissolved or broken down into smaller building blocks. Harmful additives and other hazardous chemicals can be removed in the process, and a material comparable to virgin plastic can be achieved – at least in theory.

So far, however, non-mechanical recycling technologies are costly, energy-intensive, and often require the addition of a great deal of virgin plastic to work – the very material that needs to be phased out.

The chain of custody models needs to be detangled
Apart from these production issues, there is a wide range of chain of custody models surrounding non-mechanical recycling, including mass balance and book & claim, which enable trade of credits or certificates for recycled material.

This cuts the physical connection between input and output, making it possible for a supplier to sell a material as “100% recycled”, when the actual recycled content could be zero.

This is a major issue for the brands ChemSec has spoken to, who value honest and correct communication towards customers. It turns out, perhaps somewhat surprisingly, that being able to slap a “made from 100% recycled plastic” label on a product is not all that important to brands.

To the brands, a physical connection between input (the discarded plastic waste headed for recycling) and output (the product at least partially made from recycled plastics) is far more important.

A physical connection, along with correct and adequate information from suppliers, as well as clearer standards and guidelines than what is available today, is what brands require to increase the use of recycled material and move us closer to a circular economy for plastics.

More information:
ChemSec plastics Recycling
Source:

ChemSec

(c) INDA
27.04.2022

World of Wipes® International Conference 2022 addresses changing role of wipes

With the wipes sector adapting to demands for products that protect consumers from COVID-related risks, industry experts will present the latest insights for moving forward post-pandemic at the World of Wipes® (WOW) International Conference.   

The shift from “clean” to “safe” in the world of wipes will be among the key topics thought-leading speakers will address at the in-person event, June 27-30, at the Marriott Marquis in Chicago.

The information-packed program will tackle timely topics to support decision making on the following key themes: Circular and Sustainable Wipes, Supply Chain Challenges in Wipes, Nonwoven Substrates for More Sustainable Wipes, Trends in the Wipes Market and Among Consumers, Disinfection Concerns and New Technologies, Sustainable Wipe Packaging Trends and Developments in Flushability Issues.

World of Wipes Session Highlights

With the wipes sector adapting to demands for products that protect consumers from COVID-related risks, industry experts will present the latest insights for moving forward post-pandemic at the World of Wipes® (WOW) International Conference.   

The shift from “clean” to “safe” in the world of wipes will be among the key topics thought-leading speakers will address at the in-person event, June 27-30, at the Marriott Marquis in Chicago.

The information-packed program will tackle timely topics to support decision making on the following key themes: Circular and Sustainable Wipes, Supply Chain Challenges in Wipes, Nonwoven Substrates for More Sustainable Wipes, Trends in the Wipes Market and Among Consumers, Disinfection Concerns and New Technologies, Sustainable Wipe Packaging Trends and Developments in Flushability Issues.

World of Wipes Session Highlights

  • Lifestyle Shifts and the World of Wipes: Meeting the Changing Consumer Demand to Secure Growth – Liying Quian, Research Analyst, Euromonitor International will explore personal and beauty care trends based on consumer surveys that could shape wipes’ long-term performance
  • The Supply Chain – Import Pressures Versus Domestic Manufacturing – Jacob Smith, Director, Supply Chain and Customer Care, Health, Hygiene, and Specialties Division, North America, Berry Global will share his expertise and experience on how COVID-19 has impacted domestic production and international sourcing of wipes
  • Packaging Sustainability:  A Global Perspective – David Clark, Vice President of Sustainability, Amcor will look at how consumer brands, retailers and others are responding to consumer demand for more sustainable packaging and discuss progress and risks in the U.S. and other countries
  • How Sustainable are You Willing to Be? New Technology to Support Use of Recycled Fiber Sources – Richard Knowlson, Principal, RPK Consulting will tackle the question of how new manufacturing technology can help produce more sustainable nonwoven substrates in today’s price-sensitive environment
  • Dead Turtle Logos – What We Know So Far in the EU – Heidi Beatty, Chief Executive Officer, Crown Abbey, LLC will share the latest learnings on the European Union’s Single Use Plastic Directive and the impact of the plastic-free packaging logos on consumer attitudes
  • Challenges and Pitfalls of Scaling Up a Waste Cleaning Wipes Collection and Recycle System – Sergio Barbarino, Research Fellow, Fabric and Home Care Open Innovation, Procter & Gamble Distribution Company Europe will look at cleaning wipes’ potential to be recycled and become a convenient pioneering experimental platform
  • Case Study: Surface Disinfection Incompatibility with Medical Devices Creates Potential Patient Risks – Caroline Etland, Ph.D., RN. CNS, ACHPN, Associate Professor, Hahn School of Nursing, BINR, University of San Diego will share real examples of the issues healthcare facilities face with surface disinfection incompatibility that make cleaning and disinfection a major challenge

In addition to the conference program, WOW 2022 also features two nights of tabletop displays and receptions; the presentation of the World of Wipes Innovation Award® and the INDA Lifetime Technical Achievement Award; and 11 hours of face-to-face engagement during a welcome reception, first-time attendee mentorship program, and breakfast connections. The event kicks off with the WIPES Academy, a 1.5-day value-added training opportunity on June 27-28.

27.04.2022

ISKO partners with PAOLO GNUTTI for luxury denim

ISKO joins hands with Paolo Gnutti to break exciting new ground in the world of premium, luxury denim. Both will respectively bring together their expertise in advanced responsible denim technologies and refined fabrics’ elevation, resulting in special ISKO™ Luxury collections by PG, characterized by a high-end appeal.

“ISKO is thrilled to collaborate with Paolo Gnutti, one of the most respected personalities among the denim community.” claimed Marco Lucietti, Director of Strategic Projects, ISKO. “It is a wonderful moment for us to inspire the whole industry with the most revolutionary technological innovations, highly profiled to the unique needs of the luxury segment and we know that Paolo’s creative touch will bring out the very best of ISKO denim’s qualities.”

ISKO joins hands with Paolo Gnutti to break exciting new ground in the world of premium, luxury denim. Both will respectively bring together their expertise in advanced responsible denim technologies and refined fabrics’ elevation, resulting in special ISKO™ Luxury collections by PG, characterized by a high-end appeal.

“ISKO is thrilled to collaborate with Paolo Gnutti, one of the most respected personalities among the denim community.” claimed Marco Lucietti, Director of Strategic Projects, ISKO. “It is a wonderful moment for us to inspire the whole industry with the most revolutionary technological innovations, highly profiled to the unique needs of the luxury segment and we know that Paolo’s creative touch will bring out the very best of ISKO denim’s qualities.”

“The collaboration with ISKO is exciting on so many levels” explains Paolo Gnutti, PG founder. “The company pioneers game-changing technologies in quality, performance and sustainability for the world of denim which is extremely interesting for me to explore for the luxury aesthetic. We will be working with new and exclusive fabrics that will bring a unique twist to the world of fashionable luxury denim. Together, we will really energize the premium sector.”

ISKO is back at the Denim Première Vision in Berlin from 17-18th of May.

More information:
Isko Paolo Gnutti clothing Denim
Source:

ISKO / Menabò Group srl

(c) Sappi Europe
26.04.2022

Sappi's Blue Couch Series: “Packvertising” as an effective marketing strategy

Packaging not only protects the product, it is also a powerful marketing and advertising tool that influences customers’ purchasing decisions. In the upcoming episode of Sappi’s Blue Couch series, viewers will find out what is meant by “packvertising” and how brand manufacturers can best showcase their products at the point of sale.

  • “Packvertising and the power of brand at the point of sale”
  • Lars Scheidweiler, Head of Packaging Solutions at Sappi, and Olaf Hartmann, Managing Director of the Multisense Institute for Sensory Marketing
  • Tuesday, 26 April at 10:00 (CET)

The way people make purchase decisions in the face of overwhelming choice is very complex. Subconsciously, the brain is constantly at work making judgements about sensory signals such as touch, smell and sound. To attract customer attention, manufacturers should not only pay attention to functionality when selecting packaging material, but also never lose sight of the tactile experience.

Packaging not only protects the product, it is also a powerful marketing and advertising tool that influences customers’ purchasing decisions. In the upcoming episode of Sappi’s Blue Couch series, viewers will find out what is meant by “packvertising” and how brand manufacturers can best showcase their products at the point of sale.

  • “Packvertising and the power of brand at the point of sale”
  • Lars Scheidweiler, Head of Packaging Solutions at Sappi, and Olaf Hartmann, Managing Director of the Multisense Institute for Sensory Marketing
  • Tuesday, 26 April at 10:00 (CET)

The way people make purchase decisions in the face of overwhelming choice is very complex. Subconsciously, the brain is constantly at work making judgements about sensory signals such as touch, smell and sound. To attract customer attention, manufacturers should not only pay attention to functionality when selecting packaging material, but also never lose sight of the tactile experience.

So how do brand manufacturers go about selecting the right packaging material? How can packaging trigger emotions with consumers? And what role does environmental awareness play here? Lars Scheidweiler, Head of Packaging Solutions at Sappi, and Olaf Hartmann, Managing Director of the Multisense Institute for Sensory Marketing, will discuss this in the upcoming episode of the Blue Couch Series. Among other things, Hartmann will report on an interesting experiment that illustrates the impact various surface structures have on consumer behaviour.
The “Packvertising and the power of brand at the point of sale” episode will be broadcast on 26 April.

Source:

Sappi Europe / Ruess Group

(c) Bangladesh Apparel Exchange (BAE)
25.04.2022

The Sustainable Apparel Forum brings together government representatives and industry leaders

The Sustainable Apparel Forum takes place on 10 May 2022 in Dhaka, Bangladesh, bringing together government ministers and advisors, the European Union, UN bodies, brands, global fashion campaigners, brands, manufacturers and industry leaders.

This year’s SAF, the third such event, aims to establish Bangladesh as one of the world’s most responsible apparel sourcing destinations. That’s why senior government representatives will be speaking and in attendance, listening to the needs of industry and what needs to be done to take Bangladesh garment production to the next level.

Senior representatives from globally renowned recycling and renewable energy companies will also be in attendance as well as exhibit their sustainability and green technologies, products and solutions under the same roof.

The SAF will showcase opportunities for much-needed green financing in the industry.
Issues under the spotlight will include climate action, environmental social & governance (ESG) and green finance, purchasing practices, circular economy, and regulatory reforms.

The Sustainable Apparel Forum takes place on 10 May 2022 in Dhaka, Bangladesh, bringing together government ministers and advisors, the European Union, UN bodies, brands, global fashion campaigners, brands, manufacturers and industry leaders.

This year’s SAF, the third such event, aims to establish Bangladesh as one of the world’s most responsible apparel sourcing destinations. That’s why senior government representatives will be speaking and in attendance, listening to the needs of industry and what needs to be done to take Bangladesh garment production to the next level.

Senior representatives from globally renowned recycling and renewable energy companies will also be in attendance as well as exhibit their sustainability and green technologies, products and solutions under the same roof.

The SAF will showcase opportunities for much-needed green financing in the industry.
Issues under the spotlight will include climate action, environmental social & governance (ESG) and green finance, purchasing practices, circular economy, and regulatory reforms.

Speakers of the SAF include Dr Tawfiq-e-elahi Chowdhury, Bir Bikrom, adviser to the Prime Minister of Bangladesh on power, energy and mineral resources; Salman F Rahman, MP, adviser to the Prime Minister of Bangladesh on private industry & investment; Tipu Munshi, MP, commerce minister of Bangladesh; Begum Monnujan Sufian, MP, state minister for labor and employment of Bangladesh; Saber Hossain Chowdhury, MP, chairman of parliamentary standing committee on ministry of environment, forest and climate change of Bangladesh;  Anna Athanasopoulou, head of unit for social economy & creative industries European Commission;  Barbara Bijelic, financial sector and regulatory engagement lead centre for responsible business conduct, OECD;  Lindita Xhaferi-Salihu, sectors engagement lead, UNFCCC; Gagan Bansal, global material innovation & strategy manager, H&M; Javier Santonja Olcina,  regional head, Bangladesh & Pakistan, Inditex; Faruque Hassan, president, Bangladesh Garment Manufacturers & Exporters Association (BGMEA); Dr Mark Anner, founding director, Center for Global Workers’ Rights and also professor, Penn State University, USA; Ayesha Barenblat, founder and CEO, Remake;  Najet Draper, vice president research, Better Buying; and  Tuomo Poutiainen,  country director, Bangladesh, ILO.

Source:

Bangladesh Apparel Exchange (BAE)

(c) Indorama Ventures Public Company Limited
22.04.2022

Indorama Ventures completes acquisition of packaging company in Vietnam

Indorama Ventures Public Company Limited (IVL) completed the acquisition of Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN), one of Vietnam’s leading PET packaging companies. The acquisition will boost IVL's market position as it continues to expand its integrated offering of PET products to major multinational customers throughout the region.

Ngoc Nghia is a trusted market leader in PET, preforms and closures, with long-term partnerships with major global and Vietnamese brands in the beverage and non-beverage industries. It has four manufacturing facilities in Vietnam's north and south with a total production capacity of 5.5 billion units of PET preforms, bottles, and closures, totaling 76,000 tons of PET conversion each year.

Indorama Ventures Public Company Limited (IVL) completed the acquisition of Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN), one of Vietnam’s leading PET packaging companies. The acquisition will boost IVL's market position as it continues to expand its integrated offering of PET products to major multinational customers throughout the region.

Ngoc Nghia is a trusted market leader in PET, preforms and closures, with long-term partnerships with major global and Vietnamese brands in the beverage and non-beverage industries. It has four manufacturing facilities in Vietnam's north and south with a total production capacity of 5.5 billion units of PET preforms, bottles, and closures, totaling 76,000 tons of PET conversion each year.

IVL plans to sustainably grow the business to better serve customers in Vietnam, a high-growth new market, as well as IVL’s major PET packaging customers across the region including global household beverage brands. Ngoc Nghia’s family business roots, led by its founder for over 30 years, was integral to IVL’s decision to invest in the company as a strategic match. The existing team’s extensive local market knowledge will be further augmented by leadership from IVL’s PET packaging business unit, bringing a powerful combination of local, regional and global expertise to the market.

Source:

Indorama Ventures Public Company Limited

(c) Officina39
22.04.2022

Officina39 and Adriana Galijasevic’s Cocircular Lab present “Circular Explorations: Recipe for Change”

This collaborative and educational project showcases the use of waste as a resource and prolonging the life of the garment through color. It came to life thanks to key brands who donated items that were then transformed by Officina39’s Recycrom™ applications into a renewed head-to-toe look that was then displayed as an art installation.

What’s the Recipe for change? For Officina39 and Adriana Galijasevic’s Cocircular Lab, this question gives shape to the collaborative and educational project Circular Explorations, specially presented at Amsterdam Denim Days Festival on April 22-23.

Sharing ground values and a common view on the fashion of tomorrow, Officina39, Italian based Chemistry plus Creativity company for the textile sector, joined hands with Adriana Galijasevic’s Cocircular Lab and influential brands to celebrate the importance of an ongoing commitment towards circularity.

This collaborative and educational project showcases the use of waste as a resource and prolonging the life of the garment through color. It came to life thanks to key brands who donated items that were then transformed by Officina39’s Recycrom™ applications into a renewed head-to-toe look that was then displayed as an art installation.

What’s the Recipe for change? For Officina39 and Adriana Galijasevic’s Cocircular Lab, this question gives shape to the collaborative and educational project Circular Explorations, specially presented at Amsterdam Denim Days Festival on April 22-23.

Sharing ground values and a common view on the fashion of tomorrow, Officina39, Italian based Chemistry plus Creativity company for the textile sector, joined hands with Adriana Galijasevic’s Cocircular Lab and influential brands to celebrate the importance of an ongoing commitment towards circularity.

Several donated items – overstock, second-grade production or damaged, unsold pieces – were updated with newly developed applications made with Officina39’s Recycrom™, the one-of-a-kind, patented dyestuffs range made from textile waste. This Circular Explorations capsule is displayed at Denim Days Festival as an art installation, not only to dress people but also to get them acquainted with circularity because they are an important player in closing the loop.

The Recipe for change that emerges from this color research is based on important values and keywords:

  • Consciousness – awareness of oneself and one's surroundings
  • Courage – the mental or moral strength to venture, persevere, and withstand danger, fear, or difficulty.
  • Creativity – the power to imagine and produce new possibilities.
  • Connection – a relationship in which a person or thing is linked or associated with something else, the act or state of connecting.
  • Collaboration – the act of working together for a common goal.

Combined together, they produce CHANGE, which is a driving force for a better tomorrow.

This collaborative and innovative project that addresses circularity is also in direct support of United Nations Sustainable Development Goals, in particular number 12-Responsible Consumption and Production, number 9-Industry innovation & Infrastructure and number 17-Partnership for the Goals.

Source:

Officina39 / Menabò

(c) Stony Creek Colors
22.04.2022

Archroma and Stony Creek Colors produce plant-based pre-reduced indigo

Archroma and Stony Creek Colors (“Stony Creek”), a manufacturer of traceable natural indigo dyes, announced that they have entered a strategic partnership to produce and bring to the market Stony Creek’s IndiGold™ high-performance plant-based pre-reduced indigo at scale.

Stony Creek extracts its dye from proprietary Indigofera plant varieties grown in partnership with family farms as a regenerative rotational crop.

Stony Creek Colors developed the new IndiGold™ concept as on of the world’s first pre-reduced natural indigo dyes, which was then developed with Archroma to offer a plant-based alternative to synthetic pre-reduced indigo. The dyestuff will be sold as a 20% concentration in a soluble liquid form that displays similar performance to comparable synthetic indigo products available on the market.

Stony Creek Colors evolved into an innovative leader in plant-based indigo due to its complete development of an improved agricultural value chain, from seed breeding and production to biomass harvest and extraction. The company has been selling its US grown indigo to denim mills since 2015.

Archroma and Stony Creek Colors (“Stony Creek”), a manufacturer of traceable natural indigo dyes, announced that they have entered a strategic partnership to produce and bring to the market Stony Creek’s IndiGold™ high-performance plant-based pre-reduced indigo at scale.

Stony Creek extracts its dye from proprietary Indigofera plant varieties grown in partnership with family farms as a regenerative rotational crop.

Stony Creek Colors developed the new IndiGold™ concept as on of the world’s first pre-reduced natural indigo dyes, which was then developed with Archroma to offer a plant-based alternative to synthetic pre-reduced indigo. The dyestuff will be sold as a 20% concentration in a soluble liquid form that displays similar performance to comparable synthetic indigo products available on the market.

Stony Creek Colors evolved into an innovative leader in plant-based indigo due to its complete development of an improved agricultural value chain, from seed breeding and production to biomass harvest and extraction. The company has been selling its US grown indigo to denim mills since 2015.

The pre-reduced plant-based indigo partnership took root in 2020 when Stony Creek was looking to work with like-minded partners to produce the new dyestuff at scale. Archroma emerged as the ideal partner as the company is well known for its expertise in indigo manufacturing and application, as well as for its commitment to transform the denim industry towards creating better blue jeans.

Archroma immediately offered to support the idea of Stony Creek Colors with extensive pilot scale manufacturing trials and engaged with its network of denim machinery manufacturers to test the first samples in industrial conditions. The trials showed excellent coloration and the typical indigo wash down, as with synthetic indigo. Archroma will produce the first batches of IndiGold™ in Salvatierra, Mexico, and has other locations where the product could be made. The company will support Stony Creek Colors through its manufacturing and logistics capabilities, and its expertise in denim dyeing with customers using pre-reduced indigo.

While this development was underway, the global innovation platform Fashion for Good selected Stony Creek Colors as an innovator in its global Innovation Program. The program connects brands with innovators to work together to test, validate and ultimately scale disruptive innovations in the fashion industry to drive positive impact. Through the program, Fashion for Good facilitated a collaboration between brand partner Levi Strauss & Co. and Stony Creek Colors which was announced in December 2021. The partners will pilot the use of IndiGold™ in denim mills at scale, with the goal of unlocking key learnings around shade application and other efficiencies of this new dyestuff.

Source:

Archroma / EMG

21.04.2022

Tata Communications announces its results for the fourth quarter and the full financial year 22

Tata Communications, a global digital ecosystem enabler, announces its financial results for the quarter and full year ended 31st March 2022.

Consolidated financial highlights:

Tata Communications, a global digital ecosystem enabler, announces its financial results for the quarter and full year ended 31st March 2022.

Consolidated financial highlights:

  • Consolidated revenue for FY22 came in at INR 16,725 Crores (USD 2,244.9 Mn) and at INR 4,263 Crores (USD 567.0 Mn) for Q4 FY22
  • Most of the segments across Core Connectivity, Digital Platforms & Services, and Incubation services of Data business witnessed healthy growth:
    • Data business grew by 2.1% QoQ and 1.4% YoY
    • Within Digital Platforms, all segments except Collaboration witnessed double digit YoY growth and strong sequential growth
    • Core Connectivity witnessed a revenue growth of +0.5% QoQ and +1.4% YoY
    • Incubation portfolio grew by 49.1% QoQ and 67.6% YoY
  • Consolidated EBITDA stood at INR 4,227 Crores (USD 567.3 Mn); with margins in at 25.3%, expanding by 40 Bps YoY. For the quarter, margin came in at 24.5%
  • Consolidated PAT stood at INR 1,482 Crores (USD 198.9 Mn) as compared to a profit of INR 1,251 Crores (USD 168.4 Mn) in FY21, registering a growth of + 18.5% YoY
  • CAPEX for this year was INR 1,608 Crores (USD 216.9 Mn) as compared to INR 1,421 Crores (USD 191.4 Mn) in FY21; Free Cash Flow for FY22 was at INR 2,619 Crores (USD 345.6 Mn)

The Board has recommended a dividend of INR 20.7 per share as a result of the Company reporting strong profitability.

Source:

Tata Communications / Harvard Engage! Communications

19.04.2022

Sustainable fashion platform Manufy: Upgraded version with more functionalities

Manufy, a marketplace for sustainable fashion production, has launched a new version of their platform. The platform connects conscious brands with sustainable manufacturers in hopes to create a cleaner future for the clothing industry. Now decked out with many more functionalities, Manufy aims to facilitate sustainable business between both parties from start to finish.  

Over the course of the last year the Manufy team has been busy gathering feedback from its growing user base. The platform started out as a place where manufacturers and brands from Europe could connect and chat with each other, but the team found out both parties wanted more. “We constantly reached out to our users to listen to their needs. We’ve compiled all those ideas and implemented them in version two!” says Michiel Dicker, co-founder of Manufy.

Not only a full visual transformation, but many functionalities were added: “Users can now easily start a sampling process, organise projects from start to finish and get sustainability insights” Dicker says. “Manufy is becoming your one-stop-shop for all your sourcing needs!”

Manufy, a marketplace for sustainable fashion production, has launched a new version of their platform. The platform connects conscious brands with sustainable manufacturers in hopes to create a cleaner future for the clothing industry. Now decked out with many more functionalities, Manufy aims to facilitate sustainable business between both parties from start to finish.  

Over the course of the last year the Manufy team has been busy gathering feedback from its growing user base. The platform started out as a place where manufacturers and brands from Europe could connect and chat with each other, but the team found out both parties wanted more. “We constantly reached out to our users to listen to their needs. We’ve compiled all those ideas and implemented them in version two!” says Michiel Dicker, co-founder of Manufy.

Not only a full visual transformation, but many functionalities were added: “Users can now easily start a sampling process, organise projects from start to finish and get sustainability insights” Dicker says. “Manufy is becoming your one-stop-shop for all your sourcing needs!”

The start-up, which launched in december of 2020, has seen a sharp increase in user activity over the last year. With trade shows being canceled due to covid, lots of manufacturers and brands were looking for new ways to do business. Going digital was one of the logical steps.

The production requests being placed on the platform cover a wide range of garments. Hoodies and t-shirts are popular, but the Manufy team also sees lots of shoes, caps, bags, dresses, swimwear and lingerie requests coming in.

Another notable trend in the industry is the ever growing demand for sustainable clothing production. With reports on climate change coming out and more and more consumers asking for sustainable alternatives, brands are making an effort to source their products more responsibly. The fashion industry, being the second largest polluting industry, needs a sort of paradigm shift. “We should focus more on making lower quantity, higher quality products. Making it on demand would be best” says Dicker.

More information:
Manufy Sustainability
Source:

Manufy