From the Sector

Archroma, a global leader in color and specialty chemicals, will be presenting its innovative and sustainable denim solutions for manufacturers and brands at DenimsandJeans Vietnam 2018, on June 27 and 28.
From fiber to finish, Archroma offers a scope of possibilities for effects and colors, from the authentic roots of indigo to the most innovative and eco-advanced solutions. Archroma is a recognized leader in integrated solutions, offering best-in-class auxiliaries for bespoke process packages.
Visitors will be able to discover solutions designed to make denim in a more sustainable and responsible way, in particular:
DENISOL®, BRINGING INDIGO BACK TO ITS ROOTS - NOW ANILINE-FREE*
Archroma’s Denisol® range is a newly developed pre-reduced liquid indigo solution that is manufactured in Archroma’s award winning ‘zero liquid discharge’ manufacturing plant in Pakistan.

• Denisol® Indigo 30 liq is compliant with major official eco-standards and requirements from retailers, brands and fashion leading companies and helps to produce fabrics suitable for current eco-labeling such as bluesign® and GOTS.
• Responding to demands for a non-toxic alternative to the dyes that are used for the iconic and traditional indigo blue that consumers associate with denim and jeans, Archroma just announced the upcoming new Denisol® Pure Indigo 30.

ADVANCED DENIM, TOWARDS WATERLESS DENIM DYEING
Consider this: The water needed to produce one pair of jeans is said to be ~ 11'000 liters(1). With approximately 167 million pairs of jeans produced monthly(2), that is 1,837,000,000,000 liters of water consumed every month in the process! Based on the Denim-Ox and Pad/Sizing-Ox dyeing processes, Archroma’s multi-awarded ADVANCED DENIM, dyeing technology allows savings of up to 92% in water, 87% in cotton waste and 30% in energy, compared to a conventional denim dyeing process.
The technology has been adopted by brands like Patagonia and received the prestigious 2012 ICIS Innovation Award and Innovation with Best Environmental Benefit Award.

• Optisul® C, “soft colors” made easy
  Colors other than blue have been tricky to achieve in the past. With Optisul® C dyes, denim manufacturers can expand their color horizons with this range of six dyes especially designed to produce soft denim colors in continuous dyeing processes, as well as on coating and printing. Optisul® C affinity-free, sulfide-free dyes can easily be combined with each other to create garments suitable for wash-down treatments in a wide array of easily achievable and reproducible soft colors. They are suitable for GOTS and bluesign® approval.
• Diresul® RDT Ocean Blues, ocean-themed bright sulfur blue dyes
  Archroma’s Diresul® RDT Ocean Blues are a collection of vibrant, ocean-themed bright sulfur blue dyes. These best-in-class dyes and their auxiliaries bring out the best of indigo, improve workability, dyeing consistency and process safety.
  They can be combined with Denisol® Indigo 30 liq in bottoming/topping manufacturing routes for avant-garde blue styles. At the booth, Archroma will display an “illustration collection” of exciting indigo casts.
• Diresul® blacks & greys, a universe of greys and deep black and navies.
  Archroma’s dye portfolio of conventional and black Diresul® specialties allow to create a universe of greys and deep black and navies. From superficial to solid blacks for both extreme wash-down and stay black effects.

EARTHCOLORS, TRACEABLE FROM NATURE TO FASHION
As consumers increasingly aspire to functional, beautiful and meaningful clothing, brands and manufacturers are increasingly interested in the environmental impact of the denim industry. Archroma has placed sustainability at the heart of its innovation process to create products and processes that improve the industry’s sustainability.
The EarthColors patented range of “biosynthetic” dyes for cotton and cellulose-based fabrics, which are made from waste left over by the agricultural and herbal industry after extraction, such as almond shells, saw palmetto, or rosemary leaves. The latest NFC technology used on the end-product hangtags enables transparency and traceability through the supply chain to consumers.
The EarthColors allow to produce the earth tones that are coming strong: red, brown and green colors. They have been adopted by brands such as Patagonia, Kathmandu and G-Star, and won an OutDoor Industry Award 2017.

SOLUTION PACKAGES FOR SUSTAINABILITY
Brand owners and retailers around the world are taking action to evaluate the environmental impact of textile treatment, dyeing and finishing processes in response to consumer concerns.

Archroma recently introduced the ONE WAY Process Simulator, the last update of a calculation tool that supports its ONE WAY Sustainability Service introduced back in 2012. The new, online software can be used to mimic and compare products and processes, and thus calculate the ecological and economical profile of the final end-product.
Archroma’s portfolio of ZDHC MRSL-compliant chemicals and dyes is integrated into the ONE WAY calculation tool since 2013.
“Innovation and sustainability go hand in hand,” says Paul O’Prey, Head of Sales, Brand & Performance Textile Specialties, Archroma, Vietnam. “While developing new products and services, we always consider the environmental impact so they are as sustainable as possible. This can be seen in our innovative and eco-advance products, such as the water-saving ADVANCED DENIM and the aniline-free* Denisol® Pure Indigo.”

For Schoeller Summer 2020 everything flows smoothly. The fabrics move with a fluid lightness in a closed ecological cycle. Upcycled products with ECONYL® yarn and the PFC-free ecorepel® Bio technology based on renewable raw materials are two ecological highlights of the 2020 Summer Collection, which is being developed and produced in the heart of the Swiss mountains. Color effects turn the functional textiles into exciting multicolors with contrasting reverses and fresh, modern plain colors that can easily be combined.

REGENERATED ECONYL® YARN
The textiles manufactured by Schoeller using ECONYL® yarn made from regenerated material are genuine upcycled products. The ECONYL® Reclaiming Program of Aquafil S.P.A. reduces global waste by collecting recyclable materials from landfill sites and the world’s oceans and returning them into the production cycle. The resulting yarn is no different from conventional textiles in terms of quality and appearance. The Schoeller fabric family with ECONYL® yarn encompasses a complete package with diverse exciting qualities such as ultra-light, bi-elastic schoeller®-dynamic (e.g. for windbreaker blousons), very soft, fine schoeller®-dryskin (e.g. for high-tech shorts) and lightweight schoeller®-WB-400.

ECO-CREATED
New, supersoft soft-shells with ECONYL® yarn are available with different backings and weights depending on the situation. The lightest schoeller®-WB-400 radiates a sense of summer in fresh tones such as melon, oxygen blue or khaki with a smooth jersey reverse in contrasting colors, also made from ECONYL® yarn. A slightly heavier quality surprises in classic black with an elegant, navy blue reverse, while the Bordeaux nuance of the soft-shell with its brushed reverse in stone grey feels warm, soft and cozy. The fluorocarbon-free ecorepel® bio-technology, based on renewable raw materials, offers sustainable water repellence.

WHITE MATTER
The dominant features of summer 2020, alongside sustainable textiles and technologies made from natural materials, are inspired multicolors. The comfortable, multicolored schoeller®-WB-400 qualities produce completely new color effects and create a cheerful look – both for outdoor activities and in urban sportswear. The combination of melon, ocean green and stone grey with white changes the mood of the original colors and lends the textiles an unexpectedly chalky, summery look. Another striking feature is the lightweight, white jersey backing, which is only revealed at second glance.

AUGMENTED ORIGINALS
The presentation of the authentic schoeller®-dynamic qualities is no less lively, ranging from mossy green tones and blue nuances through to the brown variations of tree bark. The multicolors combine perfectly with plain fabrics and are impressively functional thanks to the PFC-free ecorepel® bio-technology, which also provides reliable water repellence. The basic qualities of the lightweight schoeller®-dryskin trousers and jackets are given a touch of elegance in the form of a discreet sheen and fashionable colors. In soft blues and greens, these supple all-rounders are highly wear resistant and offer ideal moisture management through the microfibers on the inside. They also feature ecorepel® bio-technology for water repellence.

Koch Membrane Systems, Inc. (KMS), a global leader in membrane filtration technologies, launched the newly revamped kochmembrane.com.
 
The website offers quick and easy access to essential product information and features, and provides a comprehensive overview of the markets served and the solutions provided by KMS. As the market for membranes is growing into new industries, and more users rely on membrane technology in their everyday operations, the new website provides robust information for customers and partners to better understand KMS’s best-in-class technology.  
 
“The website features a clean design and greater focus on our mission to provide customer-specific membrane solutions and create value through continued technological innovation, consistent high-quality products and unsurpassed customer support,” said Manny Singh, KMS president.
 
The website will be updated regularly with news, product launches, business activity and new membrane solutions for different industries.

Archroma, a global leader in color and specialty chemicals, and Montega S.r.l., Italy, (Montega) announce a collaboration aimed at supporting the fast-growing garment and apparel industry in Pakistan, particularly in the denim segment. The joint efforts will focus on fostering excellence in the finishing of textile garments.

Montega has decades of rich experience in developing the latest fashion trends with its high standard chemical treatments. For garments and fabrics, they offer solutions in finishing effects, enzymatic products, bio-polishing, bio-finishing and specialty products for indigo dyes, proteinaceous fibers such as wool and silk, and garment washing and/ laundry. All applications are geared toward environmental sustainability.

Archroma offers a wide range of brand and textile specialty chemicals that caters to the local industry in Pakistan for both its internal and export markets. The company’s expert team provides innovative solutions to its customers, tailored to their individual requirements.

Archroma will now represent Montega in marketing their products in Pakistan. The collaboration between the two firms will provide a unique synergy of combined expertise, reliability and commitment to environmental sustainability, especially toward the reduction of water usage and the emission of greenhouse gases during textile finishing processes. The design studio at the Archroma Center of Excellence in Pakistan will work extensively with Montega’s M-Lab Garment University in Riccione, Italy, to deliver solutions based on the latest trends and fashion effects, backed by world-class technical support.

Mujtaba Rahim, CEO of Archroma Pakistan, comments: “We, at Archroma, believe in continuous improvement and challenging the status quo to make our industry sustainable. We have dedicated ourselves to bringing innovation in our product lines and to closely partnering with like-minded organizations to build industrial rapport. Through this initiative of joining hands with Montega, we will be able to share latest R&D developments with the textile industry in Pakistan, and help grow Pakistan’s contribution in the global textile arena.”

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.

At Pitti Filati, and as part of a journey to be and make better products, the FILPUCCI GROUP invites the fashion industry to experience its new line of more sustainable yarn creativity.

The “Responsible Innovation Collection” represents a new level of smart innovation linked to responsible, eco-centric production. The collection uses the best high-tech, natural-based materials, combined with FILPUCCI’s dying & finishing expertise. This gives customer’s real access to a new, fashion-forward aesthetic, where quality and smart uniqueness in these new, more responsible yarns, deliver a new textile era of sustainable fashion solutions that are driven by ethical and natural values.

FILPUCCI is proud to announce it is a new official partner of C.L.A.S.S. (Creativity Lifestyle and Sustainable Synergy). Since 2007, C.L.A.S.S., a unique multi-platform HUB based in Milan, specializes in integrating a new generation of eco-values for fashion, home products and business strategies. These values speak to a new, smarter, contemporary consumer. Founded by Giusy Bettoni, C.L.A.S.S. introduces a new way of design thinking that represents a shift in culture, enabling businesses to be competitive and socially innovative.
From this platform, FILPUCCI is also a key ambassador for the unique C.L.A.S.S. partner product, Re.Verso™, for its luxury upcycled cashmere yarns.

New additional steps on the FILPUCCI journey towards a more responsible approach to smart design and manufacture also include:

• The signing of a new ‘Values Chart’ in conjunction with a joint consortium to guarantee sustainable production chains that are fully traceable with certified materials and measured environmental performances, such as reducing CO2, water use and power consumption.
• The company is also GRS accredited with dyeing facilities that are second to none, boasting a GOTS certification alongside recycling 70% of water and also as part of the DETOX campaign for the last 3 years.  This is a key added value mirroring the whole company’s dyeing operation.
• The FILPUCCI GROUP produces its own ‘Balance of Sustainability’ report each year to measure and account for issues relating to the business impact of a responsible innovation strategy, and research optimization into origins of materials, transparency, certifications and processes designed to reduce environmental impacts and a no-waste manufacturing philosophy.

There are seven new yarn styles in the Responsible Innovation Collection with smart blends of only the best, certified, organic and natural materials (cottons & linens), new generation wool Re.Verso™ and sustainable hi-tech materials (Cupro and Q-Nova) for 5 to 18 gauge knitwear design:
CERA, GRACE, BIONYCO, SUGHERO, FOUR SEASONS, PLANET, BONTON, KAMUT

Beijing - Tencent Holdings Limited (“Tencent”) (00700.HK), JD.com, Inc. (“JD.com”) (NASDAQ:JD), and Vipshop Holdings Limited (“Vipshop”) (NYSE:VIPS), today jointly announced that Tencent, a leading provider of internet value-added services in China, and JD.com, China’s largest retailer, have entered into definitive agreements with Vipshop, a leading online discount retailer for brands in China, such that Tencent and JD.com will invest an aggregate amount of approximately US$863 million in cash in Vipshop at the closing of the transaction.

Pursuant to the share subscription agreement, Tencent and JD.com will subscribe for newly issued Class A ordinary shares of Vipshop in the amount of approximately US$604 million and approximately US$259 million, respectively. The purchase price will be US$65.40 per Class A ordinary share, which is equivalent to US$13.08 per American Depositary Share (“ADS”) of Vipshop, five of which represent one Class A ordinary share. The purchase price represents a 55% premium over the closing price of the ADSs as of the last trading day on December 15, 2017.

The transaction is expected to close in the near future, subject to customary closing conditions.  Upon the closing, Tencent and JD.com will beneficially own, taking into account any existing holding, approximately 7% and 5.5%, respectively, of Vipshop’s total issued shares. The Class A ordinary shares issued to Tencent and JD.com will be subject to a two-year lock up restriction. Tencent and JD.com will have the right to appoint a director and an observer, respectively, to Vipshop’s board of directors during the two-year lockup period. After the end of the lock-up period, for so long as Tencent and JD.com hold approximately 12% and 8%, respectively, of Vipshop’s total issued shares, or otherwise by mutual agreement with Vipshop, they will maintain director and board observer rights.

Concurrently with the entry of the share subscription agreement, Tencent and JD.com have entered into business cooperation agreements with Vipshop, effective upon closing, establishing a cooperative relationship among Tencent, JD.com and Vipshop. Under these agreements, Tencent will grant Vipshop an entry on the interface of Weixin Wallet enabling Vipshop to utilize traffic from Tencent’s Weixin platform, and JD.com will grant Vipshop entries on both the main page of JD.com’s mobile application and the main page of its Weixin Discovery shopping entry, and will assist Vipshop in achieving certain GMV targets through JD.com’s platform.   

“I am truly delighted about Vipshop's new strategic cooperation relationships with Tencent and JD.com,” said Mr. Eric Ya Shen, Vipshop’s Co-founder, Chairman of the Board of Directors and Chief Executive Officer. “This undoubtedly is an important event for Vipshop as well as China's e-commerce and internet industries. We, together with Tencent and JD.com, will leverage our respective strengths to form a strategic cooperative alliance aiming to achieve a deep, win-win cooperation and to benefit internet users and consumers. We will develop a holistic cooperation with Tencent on the Weixin platform and expand our strategic alliance with Tencent into more and broader areas.  We will explore win-win opportunities in multiple areas with JD.com, including establishing a strategic alliance in collaboration with brand suppliers, and an on-line traffic alliance. We will continue to operate as an independent e-commerce platform and further deepen and enhance our leading e-commerce capabilities in fashion (including apparel, shoes, bags and accessories) and cosmetics categories as well as our strong female user base, thereby offering higher value and better user experience to our customers.”

“The strength of Vipshop’s flash sale and apparel businesses, as well as its outstanding management team, create clear and strong synergies with us,” said Richard Liu, Chairman and CEO of JD.com. “This partnership will further extend the strong inroads that we have made with female shoppers, and will expand the breadth and reach of our fashion business. We continue to add the top-notch partners to complement JD.com’s core strengths, ensuring that JD and our partners provide the best customer experience for every shopping need.”

Martin Lau, President of Tencent Holdings, said, “We are pleased to become strategic investor in and partner with Vipshop. We look forward to providing Vipshop with our audiences, marketing solutions, and payment support to help the company provide branded apparel and other product categories to China’s rising middle class. We already see substantial demand from our users to discover, discuss and purchase branded apparel in our applications, and we believe that connecting our users more deeply to products on Vipshop’s platform will enrich their online experiences while benefiting Vipshop. We are proud of the role our resources such as marketing technology, payments handling, and machine learning play in facilitating a healthy and diverse retail ecosystem, online and offline.” 

About JD.com, Inc.

JD.com is both the largest e-commerce company in China, and the largest Chinese retailer, by revenue. The company strives to offer consumers the best online shopping experience. Through its user-friendly website, native mobile apps, and WeChat and Mobile QQ entry points, JD offers consumers a superior shopping experience. The company has the largest fulfillment infrastructure of any e-commerce company in China. As of September 30, 2017, JD.com operated 7 fulfillment centers and 405 warehouses covering 2,830 counties and districts across China, staffed by its own employees. JD.com is a member of the NASDAQ100 and a Fortune Global 500 company.

About Vipshop Holdings Limited

Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit www.vip.com.

About Tencent Holdings Limited

Tencent uses technology to enrich the lives of Internet users. Our social products Weixin and QQ link our users to a rich digital content catalogue including games, video, music and books. Our proprietary targeting technology helps advertisers reach out to hundreds of millions of consumers in China. Our infrastructure services including payment, security, cloud and artificial intelligence create differentiated offerings and support our partners’ business growth. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet. Tencent was founded in Shenzhen, China, in 1998. Shares of Tencent (00700.hk) are traded on the Main Board of the Stock Exchange of Hong Kong.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, statements regarding the expected closing of the transactions and the quotations from management in this announcement are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to, those included in JD.com’s and Vipshop’s filings with the SEC and in Tencent’s filings with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and none of Tencent, JD.com or Vipshop undertake any duty to update such information, except as required under applicable law.

At the “Future of Composites in Construction” trade show, CHOMARAT and ALTUS GROUP are presenting CarbonCast®, their flagship line of reinforced-concrete prefabricated wall panels, reinforced with CHOMARAT’s C-GRID® carbon-fiber grids. A recent army-hospital project in Greenville, South Carolina is another success story of this innovative product: 18,600 m² (200,000 sq.ft) of precast insulated panels were installed in record time. Come and learn more about it at the McCormick Place Lakeside Center, Chicago, Stand C 10, on 20-22 June 2017.
“Reducing installation time, improving the fire and safety performance, increasing the service life of structures, and cutting energy consumption are crucial criteria in the choice of a CarbonCast solution,” explains ALTUS GROUP Executive Director John CARSON. CarbonCast® panels are classified ASHRAE 90.1. Thanks to the low thermal conductivity of carbon fiber, C-GRID® reinforced panels offer excellent thermal performance, providing uniform insulation and, therefore, a comfortable, energy-efficient building.

LINGERIE becomes SMART with ROICA Cosabella premium lingerie brand with almost 2,000 styles of lingerie, daywear, loungewear, sleepwear and activewear sold in more than 100 countries. Cosabella chose Eco-Lace by Tessitura Colombo Antonio, a unique sustainable lace collection whose main premium stretch ingredient is ROICA™ Eco Smart by Asahi Kasei – the first and exclusive premium elastomer, sustainable and GRS certified (Global Recycle Standard by Textile Exchange) at international level.

DIESEL choose CUPRO Diesel presents its SS 2017 preview collection of 5 pure CUPRO pearl, washed finish silhouettes. CUPRO, by Asahi Kasei, is a refined, matchless material with an exquisite silk like touch. CUPRO is a matchless and original, new generation material made from the smart-tech transformation of cotton linter bio-utility waste, converted through a traceable and transparent closed loop process. Innovhub 3rd party lab test proves CUPRO can claim full biodegradability end of life option.