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01.12.2021

Aeon Debuts First-Ever Clothing In Pure White Celliant

  • CELLIANT®, Hologenix’s flagship product, makes impact in pure white color

 
Aeon, the largest retailer in Asia, is introducing “Recovery Wear,” called TOPVALU SELECT CELLIANT – undershirts – using the first-ever CELLIANT® fibers from Hologenix that are pure white in color.  It will be available in about 350 stores throughout Japan and at Aeon’s official online store, Aeon Style Online.  Aeon is expecting sales of TOPVALU SELECT CELLIANT to increase substantially by 2025.
 
TOPVALU SELECT CELLIANT offers the benefits of CELLIANT, a responsive textile that captures and converts body heat into infrared, with the pure white color Aeon customers have requested.
 
Many men prefer to wear white undershirts under their business shirts in Japan. In response to such demands, AEON planned and developed the pure white CELLIANT undershirt for the first time.  TOPVALU SELECT CELLIANT is registered as a general medical device in Japan.

  • CELLIANT®, Hologenix’s flagship product, makes impact in pure white color

 
Aeon, the largest retailer in Asia, is introducing “Recovery Wear,” called TOPVALU SELECT CELLIANT – undershirts – using the first-ever CELLIANT® fibers from Hologenix that are pure white in color.  It will be available in about 350 stores throughout Japan and at Aeon’s official online store, Aeon Style Online.  Aeon is expecting sales of TOPVALU SELECT CELLIANT to increase substantially by 2025.
 
TOPVALU SELECT CELLIANT offers the benefits of CELLIANT, a responsive textile that captures and converts body heat into infrared, with the pure white color Aeon customers have requested.
 
Many men prefer to wear white undershirts under their business shirts in Japan. In response to such demands, AEON planned and developed the pure white CELLIANT undershirt for the first time.  TOPVALU SELECT CELLIANT is registered as a general medical device in Japan.
CELLIANT mineral-infused fabrics have been shown to help regulate body temperature and improve local circulation in healthy individuals for faster recovery, better sleep and stronger performance during the day.
 
“We are very excited by the introduction of the first-ever CELLIANT product in pure white,” said Seth Casden, Hologenix Co-Founder and CEO. “Achieving this pure white color took a lot of dedicated effort from our global research team and we commend Aeon for being the first to introduce it to the consumer market.”

More information:
Aeon Celliant Hologenix
Source:

Celliant

16.11.2021

RGE: Second Annual Update on Textile Fibre Innovation and Technology

Royal Golden Eagle (RGE) has released its 2021 progress report on its commitment to invest USD200 million in next-generation textile fibre innovation and technology over a ten-year period which started in 2019.

The annual report provides an update on the activities undertaken by RGE and its business groups (Sateri, APR, APRIL, Bracell) involved in the fashion value chain to advance its ambition towards closed-loop, circular and climate-positive cellulosic fibre.

In 2021, Sateri achieved full compliance with the emission limits set out in the European Union Best Available Techniques Reference Document (EU-BAT BREF) for all of its five viscose mills in China, two years ahead of schedule. Bracell completed construction of the world’s largest and greenest new generation pulp mill in São Paulo which uses cutting-edge technology for fossil fuel-free generation.

Royal Golden Eagle (RGE) has released its 2021 progress report on its commitment to invest USD200 million in next-generation textile fibre innovation and technology over a ten-year period which started in 2019.

The annual report provides an update on the activities undertaken by RGE and its business groups (Sateri, APR, APRIL, Bracell) involved in the fashion value chain to advance its ambition towards closed-loop, circular and climate-positive cellulosic fibre.

In 2021, Sateri achieved full compliance with the emission limits set out in the European Union Best Available Techniques Reference Document (EU-BAT BREF) for all of its five viscose mills in China, two years ahead of schedule. Bracell completed construction of the world’s largest and greenest new generation pulp mill in São Paulo which uses cutting-edge technology for fossil fuel-free generation.

Amid the COVID-19 pandemic continuing to restrict travel and collaboration, RGE persisted in building upon existing partnerships, while entering into new agreements. Sateri strengthened its strategic collaboration with Infinited Fiber Company, participating in the company’s EUR30 million funding round, which attracted new and existing investors such as H&M Group, Adidas, BESTSELLER and Zalando.

New partnerships formed by RGE included a five-year textile recycling research collaboration with Nanyang Technological University Singapore, and a three-year strategic partnership with the Textile and Fashion Federation Singapore which seeks, among others goals, to advance research and innovation in circular economy approaches to fashion waste in Asia.

RGE’s in-house R&D team has made good progress in advancing its textile-to-textile project, focusing on producing quality viscose using recycled cotton textiles as feedstock. To support plans to build a textile recycling facility in Indonesia, and as part of commercial feasibility analysis, studies examining the availability of textile waste and textile recycling landscapes in China, Indonesia, Sri Lanka and Bangladesh were completed.

Sateri remains on track in developing a product with 50 per cent recycled content by 2023, and to reach 100 per cent by 2030. It also aims for 20 per cent of its feedstock to contain alternative or recycled materials by 2025. In this similar vein, APR will source 20 per cent of its feedstock from alternative or recycled materials by 2030.

Source:

RGE / Omnicom Public Relations Group

(c) Abu Dhabi Government Media Office
15.11.2021

Partnership between ADNOC and Borealis to expand Borouge Facility

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

The world-scale expansion confirms both partners’ commitment to the growth of Borouge and to support chemical production, and advanced manufacturing and industry in Ruwais, a key pillar of Abu Dhabi and the UAE’s technology, innovation and industrial development strategy. Borouge produces crucial industrial raw materials, which are exported to customers globally and used by local companies, boosting local industrial supply chains and enhancing In-Country Value.

Borouge 4 will capitalize on the projected growth in customer demand for polyolefins, driven by their use in manufactured products in the Middle East, Africa and Asia. The facility will also enable the next phase of growth at the Ruwais Industrial Complex by supplying feedstock to the TA’ZIZ Industrial Chemicals Zone.

Borouge 4 will have an industry-leading focus on sustainability leveraging the capabilities of both shareholders. The facility will utilize Borealis’ proprietary Borstar technology, to produce a product portfolio focused on durable applications for energy, infrastructure, advanced packaging, and agriculture sectors. This unique technology, in combination with hexene co-monomer, will enable the production of advanced packaging grades with up to 50% recycled polyethylene content.

Subject to an in-depth study, a Carbon Capture unit that would reduce CO2 emissions by 80% could also be operational in time for Borouge 4’s start-up. The facility is also designed to capitalize on ADNOC’s recent initiatives on clean energy, decarbonizing its power supply through access to Abu Dhabi’s clean power sources. These initiatives are aligned with the UAE Net Zero by 2050 Strategic Initiative.

The first Borouge facility, producing 450,000 tons of polyethylene per annum was commissioned in 2001. Borouge 2 and Borouge 3 took capacity to 2 million tons and 4.5 million tons of polyethylene and polypropylene per annum in 2010 and 2014 respectively.  Borouge 4 will boost the company’s annual polyolefin production to 6.4 million tons, making Borouge one of the world’s largest single-site polyolefin facilities.

The new Borouge 4 facility will comprise:

  • An ethane cracker, with 1.5 million tons ethylene output per annum, which will be the fourth cracker in Borouge’s integrated petrochemical complex in Ruwais
  • Two additional Borstar® polyethylene (PE) plants, each with 700 thousand tons per annum capacity, using state-of-the-art Borealis Borstar third generation (3G) technology
  • A cross-linked PE (XLPE) plant of 100 thousand tons per annum capacity.
  • A hexene-1 unit, which will produce co-monomers for certain grades of polyethylene.
Source:

Borealis

04.11.2021

Autoneum presents medium-term financial targets

Autoneum presented an insight into current market trends and the Company's strategic focus in the areas of electromobility and sustainability, as well as an outlook on its medium-term financial targets at the media and financial analysts brunch.

In addition to current market expectations and trends in the automotive industry, the focus will be on Autoneum’s activities and growth potential in the areas of e-mobility and sustainability. Matthias Holzammer, CEO, and other experts of the Company will present Autoneum's latest developments with regard to New Mobility and sustainable product innovations as well as their strategic classification. CFO Bernhard Wiehl will also present Autoneum's new medium-term financial targets.

Autoneum presented an insight into current market trends and the Company's strategic focus in the areas of electromobility and sustainability, as well as an outlook on its medium-term financial targets at the media and financial analysts brunch.

In addition to current market expectations and trends in the automotive industry, the focus will be on Autoneum’s activities and growth potential in the areas of e-mobility and sustainability. Matthias Holzammer, CEO, and other experts of the Company will present Autoneum's latest developments with regard to New Mobility and sustainable product innovations as well as their strategic classification. CFO Bernhard Wiehl will also present Autoneum's new medium-term financial targets.

Based on the further expansion of the portfolio with sustainable products and new applications for e-vehicles as well as the increase in market share with existing and new customers, particularly in Asia, the Company expects a profitable revenue growth at market level in the medium term. Based on the expected revenue development, further progress in the turnaround of North America as well as the consistently practiced operational excellence in all business areas, Autoneum targets an EBITDA margin of 13% in the medium term. Accordingly, a solid free cash flow in the amount of 6% of revenue and a further increase in the equity ratio to over 35% are targeted. The Company still intends to pay a dividend to shareholders of at least 30% of the profit attributable to Autoneum shareholders.

More information:
Autoneum Automotive Sustainability
Source:

Autoneum Management AG

03.11.2021

Lenzing: Earnings more than doubled in first nine months of 2021

The Lenzing Group reported a significant year-on-year improvement in revenue and earnings in the first nine months of 2021 thanks to the largely positive market environment. Growing optimism in the textile and apparel industry and the recovery in retail led to a substantial increase in demand and prices on the global fiber market, particularly at the start of the current financial year.

Revenue rose by 32.9 percent to EUR 1.59 bn in the first nine months of 2021. This increase is attributable to a higher sales volume as well as higher viscose prices, which stood at more than RMB 15,000 in May thanks to significantly higher demand for fibers, especially in Asia. The focus on wood-based specialty fibers such as the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ branded fibers also had a positive impact on the revenue trend; the share of specialty fibers in fiber revenue amounted to 72.4 percent in the reporting period. This more than offset the negative impact of less favorable currency effects.

The Lenzing Group reported a significant year-on-year improvement in revenue and earnings in the first nine months of 2021 thanks to the largely positive market environment. Growing optimism in the textile and apparel industry and the recovery in retail led to a substantial increase in demand and prices on the global fiber market, particularly at the start of the current financial year.

Revenue rose by 32.9 percent to EUR 1.59 bn in the first nine months of 2021. This increase is attributable to a higher sales volume as well as higher viscose prices, which stood at more than RMB 15,000 in May thanks to significantly higher demand for fibers, especially in Asia. The focus on wood-based specialty fibers such as the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ branded fibers also had a positive impact on the revenue trend; the share of specialty fibers in fiber revenue amounted to 72.4 percent in the reporting period. This more than offset the negative impact of less favorable currency effects.

The earnings performance essentially reflects the positive market trend and was additionally reinforced by efficiency-enhancement measures. Energy, raw material and logistics costs increased significantly during the entire reporting period. EBITDA (earnings before interest, tax, depreciation and amortization) more than doubled to EUR 297.6 mn in the first nine months of 2021 (compared to EUR 138.5 mn in the first nine months of 2020). The EBITDA margin rose from 11.6 percent to 18.7 percent. Net profit for the period amounted to EUR 113.4 mn (compared to a net loss of EUR minus 23.3 mn in the first nine months of 2020) and earnings per share to EUR 3.77 (compared to EUR minus 0.1 in the first three months of 2020).

More information:
Lenzing Group
Source:

Lenzing AG

03.11.2021

Indorama Ventures issues THB 10 billion Sustainability-Linked Bond

Indorama Ventures Public Company Limited issued a THB 10 billion triple-tranche Sustainability-Linked Bond, showcasing the company’s long-standing commitment to sustainable growth. It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors.

The bond is part of IVL’s financing strategy across a range of instruments linked to the company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability Linked Loan Principles.

The SLB is linked to IVL’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

Indorama Ventures Public Company Limited issued a THB 10 billion triple-tranche Sustainability-Linked Bond, showcasing the company’s long-standing commitment to sustainable growth. It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors.

The bond is part of IVL’s financing strategy across a range of instruments linked to the company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability Linked Loan Principles.

The SLB is linked to IVL’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

The triple-tranche structure includes 5-, 7-, and 10.5-year tenors, offering coupons of 2.48%, 3.00% and 3.60% per year respectively, targeting asset managers, commercial banks, insurance companies, cooperatives and high-net-worth individuals. With the orderbook peaking at over THB 17.8 billion due to strong interest in the sustainability-linked instrument, oversubscription was around 3x over the planned issuance amount of THB 6 billion with a green shoe option of THB 4 billion. In view of the strong orderbook from the investors, the company decided to exercise the green shoe option and increased the issuance to THB 10 billion, setting a new benchmark as the largest SLB transaction in Thailand. IVL appointed Bangkok Bank, Kasikorn Bank, Krungthai Bank, Siam Commercial Bank, and The Hongkong and Shanghai Banking Corporation Limited, Bangkok Branch as arrangers and bookrunners for the transaction.

On 23 September 2021, the bond was assigned an AA- rating and a “stable” outlook by TRIS Rating following a strong recovery of petrochemicals and derivatives and IVL’s growing profitability.

Under the terms, all tranches must purchase Energy Attribute Certificates (EAC) or voluntary carbon offsets in the event of failure to meet the sustainability performance targets (SPT). The testing dates for tenors with a maturity of 5 and 7 years are 31 December 2025, and 31 December 2030 for the 10.5-year tenor. SPT performance will be independently verified upon the testing dates.Proceeds for the issuance will be used to finance IVL’s corporate working capital and refinance existing debt.

In recent years, IVL secured loans linked to improvements in the company’s sustainability performance as a global leader in environmental, social and governance (ESG) integration. These included Thailand’s first Green Loan of USD 200 million and EUR 200 million from Japan’s Mizuho Bank, Thailand’s first cross-border Sustainability-Linked Ninja Loan worth USD 225 million from 16 institutions in Japan and a Blue Loan of USD 300 million arranged by International Finance Corporation and funded by Asian Development Bank and DEG.

Source:

Indorama Ventures Public Company Limited

(c) Trevira GmbH
19.10.2021

Indorama at Index 2021 with Sustainability Portfolio

The Hygiene Fibers Group of Indorama Ventures (IVL) came together at the Index Show to present an all-inclusive range of recycled and biodegradable solutions for Hygiene Fiber and Nonwoven applications.

The combination of polymers, technologies, processes and global reach supported by the Hygiene Fibers Group – one of three business segments that make up Indorama Ventures – positions it within the Hygiene industry to meet increasingly challenging market demand for innovative sustainable solutions within the hygiene sector. Across the six brands and companies that make up Hygiene Fibers Group – Auriga, Avgol, FiberVisions, Indorama Asia, Trevira and Wellman International – sustainability and supporting customers to achieve circular objectives is integral to all efforts and fundamental to the ethos of the Hygiene business segment.

The Hygiene Fibers Group of Indorama Ventures (IVL) came together at the Index Show to present an all-inclusive range of recycled and biodegradable solutions for Hygiene Fiber and Nonwoven applications.

The combination of polymers, technologies, processes and global reach supported by the Hygiene Fibers Group – one of three business segments that make up Indorama Ventures – positions it within the Hygiene industry to meet increasingly challenging market demand for innovative sustainable solutions within the hygiene sector. Across the six brands and companies that make up Hygiene Fibers Group – Auriga, Avgol, FiberVisions, Indorama Asia, Trevira and Wellman International – sustainability and supporting customers to achieve circular objectives is integral to all efforts and fundamental to the ethos of the Hygiene business segment.

At the Index Show, the Hygiene Fibers Group launched CiCLO®, a textile technology which allows polyester and other synthetic materials to biodegrade like natural materials do in wastewater treatment plant sludge, sea water and landfill conditions, reducing synthetic microfiber pollution generated during washing, and minimizing plastic accumulation in landfills caused by discarded textiles.

In line with the company’s commitment to support customers with high performance products, while also reducing the impact on the environment, several of the  Hygiene Fibers brands, including Wellman International, Trevira GMBH and Auriga, have been working closely over the last 12 months with the IAM team and the CiCLO® technology. Developments have focused on PET and rPET staple fiber and filament sustainable solutions for applications where recycling is particularly challenging, such as Hygiene, Home Textiles and Automotive applications.

Strengthening the profile of biodegradable offerings within the Hygiene Fibers Group’s sustainability portfolio, Trevira introduced a new range of bicomponent fibres based on PLA and PBS (polybutylene succinate) at the Index show. Both biopolymers offer an exceptional technological opportunity in terms of environmental care and sustainability, while delivering optimum performance. Equally to PLA, PBS is recyclable and up to 100% biodegradable under industrial conditions.

Efforts towards supporting customers to achieve circular objectives are a priority within the Hygiene Fibers Group. This is reflected in the recycled fibers expertise deployed across the segment. Four Hygiene Fibers Group brands, IVL Asia, Auriga, Trevira and Wellman International offer an extensive range of 100% recycled, accredited PET fibers, across a multitude of fiber and nonwovens applications.

The development and evolution of sustainable technologies is central to activity across IVL’s Hygiene Fibers Group, with particular focus on sustainable polyolefin solutions. FiberVisions and ES-FIBERVISIONS, leading Polyolefin mono and bico fiber brands and sister company Avgol, have partnered with UK-based Polymateria to commercially harness the innovative ‘biotransformation’ technology pioneered by Polymateria. The patented technology alters the properties of polyolefins to make them biodegradable in a natural process.  Other polyolefin sustainable innovations within the Hygiene Fibers Group were featured at Index include biosurfactant and biocolourant developments being undertaken by the Avgol team with FiberVisons progressing sustainable design solutions, including lightweight, high performance, reduced carbon solutions.

Source:

Trevira GmbH, Indorama Ventures

(c) Archroma
23.09.2021

Archroma: Online regulatory & compliance platform

  • Instant access to ecotoxicological and regulatory information and certificates for Archroma specialty chemical products
  • Faster decision-making and time-to-market for manufacturers, brands and retailers in the textile, paper, packaging, paint, and construction industries

Archroma, a global leader in specialty chemicals towards sustainable solutions, announced the launch of The Safe Edge, an online platform for instant access to product related regulatory & compliance certificates and information.

With continuously growing public awareness around the social, health and ecological impacts of human and business activities, the need for transparency and traceability in supply chains has become essential.

Time to market is equally critical, and manufacturers, brands and retailers need access to reliable information in real time.

  • Instant access to ecotoxicological and regulatory information and certificates for Archroma specialty chemical products
  • Faster decision-making and time-to-market for manufacturers, brands and retailers in the textile, paper, packaging, paint, and construction industries

Archroma, a global leader in specialty chemicals towards sustainable solutions, announced the launch of The Safe Edge, an online platform for instant access to product related regulatory & compliance certificates and information.

With continuously growing public awareness around the social, health and ecological impacts of human and business activities, the need for transparency and traceability in supply chains has become essential.

Time to market is equally critical, and manufacturers, brands and retailers need access to reliable information in real time.

The Safe Edge platform has been designed with that in mind: It allows brands, retailers and manufacturers of textile, fashion, packaging, paper, paints, to verify with just a few clicks the regulatory & compliance status of Archroma products, including regulations, ecotoxicological information & certifications, and brand requirements.

The Safe Edge covers standards, regulations and information such as air emission factors, animal origin, halal, kosher, plant origin, food contact, Blue Angel, bluesign®, Cradle-to-Cradle, chemical inventories, Composability EN 13432, conflict minerals, EU Flower/Ecolabel, GOTS, CONEG, ISEGA, Nordic Swan, Oekotex® Standard 100, California Prop 65, REACH, RoHS (Restriction of Hazardous Substance), Screened Chemistry, SDS, SVHC (Substance of Very High Concern), VOC (US), ZDHC (Zero Discharge Hazardous Chemicals), and brand standards (like Coats A&F MRSL, Decathlon RSL 2020, Jack Wolfskin RSL and The List IV by Inditex.

With the launch of The Safe Edge, Archroma continues to assert its leading role in driving sustainability in its industries, in line with its commitment to the principles of “The Archroma Way to a Sustainable World: safe, efficient, enhanced, it’s our nature”. The “Safe” principle in particular is at the core of the Archroma approach to sustainability, with the deeply rooted goal to protect people and the planet with products that are safe to use, and safe to wear.

The Safe Edge is already accessible for manufacturers, brands and retailers in Europe and Asia, and will be launched in North America in September 2021, and in Latin America by the end of the year.

More information:
Archroma online platform
Source:

Archroma

Asahi Kasei to reshape its ROICA™ premium stretch fiber business global production strategy (c)ROICA™
ROICA™ premium stretch fiber
22.09.2021

Asahi Kasei to reshape its ROICA™ premium stretch fiber business global production strategy

  • Asahi Kasei Corporation markets premium stretch fiber under the brand of ROICA™, with superior performance features enabled by integrated production from raw material to yarn based on its advanced technology.
  • The specialized global holding operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with strategic sales facilities around the world.

With deep regret, Asahi Kasei has taken the decision to restructure its production strategy in order to face the new, unexpected and critical market situation. As part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH in Dormagen, will be discontinued by March 31, 2022.
 

  • Asahi Kasei Corporation markets premium stretch fiber under the brand of ROICA™, with superior performance features enabled by integrated production from raw material to yarn based on its advanced technology.
  • The specialized global holding operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with strategic sales facilities around the world.

With deep regret, Asahi Kasei has taken the decision to restructure its production strategy in order to face the new, unexpected and critical market situation. As part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH in Dormagen, will be discontinued by March 31, 2022.
 
Recognizing the paramount importance of the European market, especially when it comes to smart innovation where ROICA™ is a leader, and with the goal of continuing the excellent longtime work with valued partners, customers and supply chains, Asahi Kasei will continue to develop sales, technical and marketing services in Europe through Asahi Kasei Europe, the European regional headquarters of the Asahi Kasei Group. It will especially focus on ROICA™ added value products manufactured at its ROICA™ production sites in Asia.
 
Through this process, Asahi Kasei will reshape the efficiency and productivity of its global ROICA™ operation by keeping a strong focus on responsible innovation and sustainability in close communication, and safeguarding its business partners.
 
As a manufacturer of superior quality, highly functional and sustainable ROICA™ products, Asahi Kasei will continue its journey of responsible innovation aiming to provide solutions to the textile industry and to contemporary consumers, by enhancing production capabilities and expertise at the global sites supported by an expert, wise and efficient company.

More information:
ROICA™ Asahi Kasei Fibers
Source:

GB Network

16th World Pultrusion Conference - CALL FOR PAPERS
WPC2022
22.09.2021

16th World Pultrusion Conference - CALL FOR PAPERS

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

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

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

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

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

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

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

05.08.2021

Indorama Ventures: Record Core EBITDA in second quarter

  • Forecasts continued growth as global markets recover from pandemic

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its second quarter 2021 financial results, reporting a record Core EBITDA of US$477 million as major economies recovered from the COVID-19 pandemic and drove demand for products across IVL’s businesses. IVL is forecasting similar strong growth in the second half of 2021 and in 2022 as global vaccination programs spur positive sentiment.

2Q2021 Performance Summary:

  • Forecasts continued growth as global markets recover from pandemic

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its second quarter 2021 financial results, reporting a record Core EBITDA of US$477 million as major economies recovered from the COVID-19 pandemic and drove demand for products across IVL’s businesses. IVL is forecasting similar strong growth in the second half of 2021 and in 2022 as global vaccination programs spur positive sentiment.

2Q2021 Performance Summary:

  • Consolidated Revenue of US $3,559M, an increase of 10% QoQ and up 52% YoY
  • EBITDA of US$ 552M and Core EBITDA of US$ 477M
  • Net profit of THB 8,340M, a growth of 39% QoQ, and compared to THB 154M a year earlier
  • Core ROCE of 12.9%, up 443 basis points (bps)  QoQ and up 715 bps YoY
  • Project Olympus, the company’s cost saving and business transformation project, yielded US$ 116M in efficiency gains in 1H21, on track to our 2021 target of US$ 287M
  • Acquisition of CarbonLite’s recycled PET asset in USA, making IVL the largest global producer of rPET resin

IVL delivered standout results in 2Q21 and a record Core EBITDA of US$477 million, bolstered by their global franchise, scale and leadership across three business segments. The record quarterly results include solid performance across regions. Americas and EMEA yielded a record, performing 59% higher Core EBITDA in 1H21 as compared to 1H20, while Asia grew by 15%.

The remainder of 2021 is expected to parallel the first half on the back of continued strong demand in IVL's products from opening of travel with widespread vaccination and immunity.

Source:

Indorama Ventures

04.08.2021

Lenzing: Earnings more than doubled in the first half of 2021

  • Strong operating result: EBITDA at EUR 217.8 mn, cash flow from operating activities at EUR 199.8 mn
  • Major strategic projects continue fully on track – production start of the lyocell plant in Thailand in the fourth quarter of 2021
  • Start of strategic cooperation agreement for textile recycling with Södra
  • New milestones in the implementation of group-wide carbon neutrality: EUR 200 mn investment in existing locations in Asia
  • Guidance 2021: Lenzing expects EBITDA of at least EUR 360 mn

The Lenzing Group reported a significant improvement in revenue and earnings in the first half of the year. Growing optimism in the textile and apparel industry and the ongoing recovery in retail caused a substantial increase in demand and prices on the global fiber market, in particular at the beginning of the current financial year.

  • Strong operating result: EBITDA at EUR 217.8 mn, cash flow from operating activities at EUR 199.8 mn
  • Major strategic projects continue fully on track – production start of the lyocell plant in Thailand in the fourth quarter of 2021
  • Start of strategic cooperation agreement for textile recycling with Södra
  • New milestones in the implementation of group-wide carbon neutrality: EUR 200 mn investment in existing locations in Asia
  • Guidance 2021: Lenzing expects EBITDA of at least EUR 360 mn

The Lenzing Group reported a significant improvement in revenue and earnings in the first half of the year. Growing optimism in the textile and apparel industry and the ongoing recovery in retail caused a substantial increase in demand and prices on the global fiber market, in particular at the beginning of the current financial year.

Revenue rose by 27.5 percent to EUR 1.03 bn in the first half of 2021. This increase is primarily attributable to higher viscose prices, which stood at more than RMB 15,000 in May thanks to significantly higher demand for fibers, especially in Asia. The focus on wood-based specialty fibers such as TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ branded fibers also had a positive impact on the revenue development; the share of specialty fibers in fiber revenue rose to 72.8 percent in the reporting period. The negative impact of more unfavorable currency effects was consequently more than offset.

The earnings development essentially reflects the positive market development and was additionally reinforced by measures to improve efficiency. Energy and logistics costs increased significantly throughout the entire reporting period. EBITDA (earnings before interest, tax, depreciation and amortization) more than doubled and amounted to EUR 217.8 mn in the first half of 2021 (compared to EUR 95.6 mn in the first half of 2020). The EBITDA margin rose from 11.8 percent to 21.1 percent. Net profit for the period amounted to EUR 96.1 mn (compared to a net loss of EUR minus 14.4 mn in the first half of 2020) and earnings per share to EUR 3.06 (compared to EUR 0.06 in the first half of 2020).

“Lenzing had a very strong first half-year. The demand for our sustainably produced specialty fibers once again developed excellently,” says Stefan Doboczky, CEO of the Lenzing Group.

Source:

Lenzing AG

(c) Schoeller Textil AG
19.07.2021

Change in leadership at Schoeller Textil AG: Kath succeeds Winkelbeiner

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

The transition comes after long-term planning. Since February 2020, and in close partnership with Siegfried Winkelbeiner, Joachim Kath (on the left) has been preparing as Schoeller COO to take over its management. Joachim Kath originally comes from Flensburg (DE) and, following his studies of Chemical Engineering in Karlsruhe, shaped his professional career in the chemical industry with Ciba (-Geigy) / BASF in Basel (CH). His career over 30 years has incorporated engineering, production and marketing & sales in diverse management functions – in a wide range of business segments for various industries and areas of application around the globe. Joachim Kath spent 12 years of his career dedicated to textile finishing, with a period of intensive travel in Asia and a 3-year stay in the USA.

Asked how he sees himself, Joachim Kath said: “The common thread running through all my assignments and business activities is process orientation, interest in new paths, and an instinct for what is feasible – with the goal of achieving customer benefits and satisfaction. Kath aims to ensure that Schoeller can continue to face the challenges of changing market requirements with outstanding and exceptional products, while evolving and innovating to stay ahead of consumer needs for the future. High performance capability, sustainable product development, premium quality, reliability, productivity, and keeping the customer as the central focus of all activities continue as essential keys to Schoeller’s continued business success.

Source:

Schoeller Textil AG

(c) Teijin Limited
13.07.2021

Teijin: Carbon Fiber Products Operations in Vietnam

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

Increasingly strict environmental measures and the upgrading of environmental frameworks, such as sustainable development goals (SDGs) and the Paris Agreement, are expected to stimulate greater use of lightweight and highly rigid carbon fiber. Demands are growing in Asia, especially in the fields of sports and outdoor activities, industry and aerospace. COVID-19, for example, has led to new trends in sports and outdoor activities, such as renewed interest in fishing due its compatibility with social-distancing protocols.

Source:

Teijin Limited

(c) Groz-Beckert KG
07.07.2021

Groz-Beckert at ITMA Asia: “complete success”

In addition to the in-person event, the company invited its visitors to a virtual booth. Groz-Beckert welcomed a total of almost 3,600 visitors during the trade fair – 2,300 of them in person and around 1,300 virtually.

This year, the virtual booth complemented the traditional booth on the trade fair grounds to enable us to reach as many customers as possible despite the coronavirus pandemic and worldwide restrictions. At both booths, the product highlights were explored using 3D models and discussions were held. At the virtual booth, each visitor had their own avatar which they could use to move through the virtual world. An exchange between customers and Groz-Beckert took place either in person or – also in real time – via chat or video cal
 
In Shanghai, most of the visitors came from China due to the pandemic. The ranking in the virtual environment puts India top in terms of visitor numbers, followed by Bangladesh, Germany and Turkey.

In addition to the in-person event, the company invited its visitors to a virtual booth. Groz-Beckert welcomed a total of almost 3,600 visitors during the trade fair – 2,300 of them in person and around 1,300 virtually.

This year, the virtual booth complemented the traditional booth on the trade fair grounds to enable us to reach as many customers as possible despite the coronavirus pandemic and worldwide restrictions. At both booths, the product highlights were explored using 3D models and discussions were held. At the virtual booth, each visitor had their own avatar which they could use to move through the virtual world. An exchange between customers and Groz-Beckert took place either in person or – also in real time – via chat or video cal
 
In Shanghai, most of the visitors came from China due to the pandemic. The ranking in the virtual environment puts India top in terms of visitor numbers, followed by Bangladesh, Germany and Turkey.

More information:
Groz-Beckert ITMA Asia + CITME
Source:

Groz-Beckert KG

Arjen Evertse (c) Mimaki. Arjen Evertse.
28.06.2021

Mimaki: Arjen Evertse Promoted to General Manager Sales, EMEA

Mimaki, a leading manufacturer of inkjet printers and cutting systems, has announced that Arjen Evertse has been appointed as General Manager Sales, EMEA, effective 1st September 2021. After founding a business to support the adoption of Mimaki technology in Eurasia, this increased responsibility and exciting new challenge is the latest step forward in Evertse’s successful 12-year long Mimaki career.

Evertse has held a variety of roles at Mimaki, including technical operator and senior management, but most recently, he has overseen Mimaki Eurasia, a Mimaki subsidiary. He will succeed Ronald van den Broek, who has accepted a partner position at valued Mimaki customer and 3D print specialist, Marketiger.

Mimaki, a leading manufacturer of inkjet printers and cutting systems, has announced that Arjen Evertse has been appointed as General Manager Sales, EMEA, effective 1st September 2021. After founding a business to support the adoption of Mimaki technology in Eurasia, this increased responsibility and exciting new challenge is the latest step forward in Evertse’s successful 12-year long Mimaki career.

Evertse has held a variety of roles at Mimaki, including technical operator and senior management, but most recently, he has overseen Mimaki Eurasia, a Mimaki subsidiary. He will succeed Ronald van den Broek, who has accepted a partner position at valued Mimaki customer and 3D print specialist, Marketiger.

More information:
Mimaki Mimaki Europe Arjen Evertse
Source:

Mimaki

Swiss Textile Machinery companies at ITMA Asia + CITME (c) 2021, Swissmem
Impression from ITMA Asia + CITME 2020
18.06.2021

Swiss Textile Machinery companies at ITMA Asia + CITME

The recent ITMA Asia + CITME exhibition was marked by a strong showing from Swiss Textile Machinery members, in what was the sector’s first major face-to-face showcase since the pandemic restrictions.

With an attendance comprised of 99% visitors, the show still proved a satisfactory venture, the Swiss companies reported. There was real product innovation, and meaningful customer interest, prompting a genuine mood of optimism among exhibitors. The event was held from June 12-16 in Shanghai, with 18 Swiss exhibitors, of whom 13 were Swiss Textile Machinery member companies.

The Swiss Textile Machinery member firms exhibiting at ITMA Asia + CITME 2020 were:

  • Bräcker
  • Graf
  • Hunziker
  • Loepfe
  • Luwa
  • Polytex
  • Rieter
  • Santex Rimar
  • Sedo Engineering
  • SSM
  • Stäubli
  • Uster
  • Willy Grob

The recent ITMA Asia + CITME exhibition was marked by a strong showing from Swiss Textile Machinery members, in what was the sector’s first major face-to-face showcase since the pandemic restrictions.

With an attendance comprised of 99% visitors, the show still proved a satisfactory venture, the Swiss companies reported. There was real product innovation, and meaningful customer interest, prompting a genuine mood of optimism among exhibitors. The event was held from June 12-16 in Shanghai, with 18 Swiss exhibitors, of whom 13 were Swiss Textile Machinery member companies.

The Swiss Textile Machinery member firms exhibiting at ITMA Asia + CITME 2020 were:

  • Bräcker
  • Graf
  • Hunziker
  • Loepfe
  • Luwa
  • Polytex
  • Rieter
  • Santex Rimar
  • Sedo Engineering
  • SSM
  • Stäubli
  • Uster
  • Willy Grob
OERLIKON: Largest staple fiber plant order in the company's history (c) Oerlikon Textile GmbH & Co. KG
Shen Jianyu, Chief Executive Officer of Xinfengming Group Co. together with Oerlikon Manmade Fibers Solutions Sales Director Felix Chau and Sales Manager Wang Xiaoxin at the signing of the contract for eight new staple fiber lines from Oerlikon Neumag.
15.06.2021

OERLIKON: Largest staple fiber plant order in the company's history

  • Xinfengming Group invests in innovative staple fiber technology from Oerlikon Neumag

Neumuenster/Shanghai – In the context of the ITMA ASIA + CITME currently taking place in Shanghai, Oerlikon has now announced that it has concluded the largest staple fiber plant order in the history of Oerlikon Neumag with the major Chinese group Xinfengming in the run-up to the trade fair. This involves eight complete staple fiber lines with a total of 320 spinning positions for the production of synthetic staple fibers. Oerlikon will not only supply the technology, but will also take over the engineering of the lines. Delivery is scheduled for 2022.

With a total capacity of 1,800 t/d, the project is Oerlikon Neumag's largest staple fiber plant order to date. The eight two-step lines will produce cotton-type staple fibers in a titer range of 1.0 - 1.4 denier. With this investment, the Xinfengming Group is expanding its product portfolio. As one of the world's leading FDY and POY polyester filament yarn producers, the Chinese company has relied on Oerlikon Barmag technologies for decades and now also on those of Oerlikon Neumag.

  • Xinfengming Group invests in innovative staple fiber technology from Oerlikon Neumag

Neumuenster/Shanghai – In the context of the ITMA ASIA + CITME currently taking place in Shanghai, Oerlikon has now announced that it has concluded the largest staple fiber plant order in the history of Oerlikon Neumag with the major Chinese group Xinfengming in the run-up to the trade fair. This involves eight complete staple fiber lines with a total of 320 spinning positions for the production of synthetic staple fibers. Oerlikon will not only supply the technology, but will also take over the engineering of the lines. Delivery is scheduled for 2022.

With a total capacity of 1,800 t/d, the project is Oerlikon Neumag's largest staple fiber plant order to date. The eight two-step lines will produce cotton-type staple fibers in a titer range of 1.0 - 1.4 denier. With this investment, the Xinfengming Group is expanding its product portfolio. As one of the world's leading FDY and POY polyester filament yarn producers, the Chinese company has relied on Oerlikon Barmag technologies for decades and now also on those of Oerlikon Neumag.

11.06.2021

EFI Reggiani introduces Textile Digital Printer

The new, industrial, entry-level EFI™ Reggiani BLAZE scanning printer from Electronics For Imaging, Inc. is making its debut at the ITMA Asia tradeshow, 12-16 June in Shanghai, China. The high-quality printer is an easy-to-use, smart solution to help textile companies blaze their successful trail into the world of efficient, sustainable industrial inkjet printing. It is equipped with EFI Reggiani’s state-of-the-art technology, offering high quality, reliability and flexibility on the widest variety of designs.

The new, industrial, entry-level EFI™ Reggiani BLAZE scanning printer from Electronics For Imaging, Inc. is making its debut at the ITMA Asia tradeshow, 12-16 June in Shanghai, China. The high-quality printer is an easy-to-use, smart solution to help textile companies blaze their successful trail into the world of efficient, sustainable industrial inkjet printing. It is equipped with EFI Reggiani’s state-of-the-art technology, offering high quality, reliability and flexibility on the widest variety of designs.

Cutting-edge technology in a compact footprint
The EFI Reggiani BLAZE printer is designed to give textile companies the opportunity to enter the digital textile printing market with a compact solution. The new, 1.8-metre wide printer offers an innovative, low-maintenance, continuous recirculation ink system equipped with a level sensor and degassing as well as a printhead crash protective system for longer printhead life and superior uptime.
 
Thanks to its cutting-edge printhead reliability and low maintenance costs for a competitive TCO (total cost of ownership), the BLAZE printer can produce up to 125 linear metres per hour with a printing resolution up to 600x1200 dots per inch (dpi). The printer – which delivers excellent productivity as one of the fastest digital inkjet solutions in its class – has eight 300-dpi dual channel printheads and can print in up to eight colours with full variable drop size.

Flexible fabric feed and handling for higher productivity
The EFI Reggiani BLAZE is equipped with a continuous and switchable belt washing unit to remove water and fabric hairs. An embedded device for adhesive application offers the possibility to use thermoplastic, resin and permanent adhesives.
 
The printer also includes other features for enhanced productivity and value, including a 400-mm roll unwinder, expandable shafts, an air gun and a pneumatic bar for standard fabrics.

Efficient software and electronics technology
The Reggiani BLAZE printer offers a friendly and intuitive user interface with real-time image processing and flexible queue management. The software also runs a WYSIWYG (What You See Is What You Get) job editor, as well as tools to accurately predict printing speed and ink usage.

EFI Reggiani TERRA Silver enhancement
EFI has also released an enhanced version of the EFI Reggiani TERRA Silver printer, a 1.8-metre wide printer operating with EFI Reggiani’s unique TERRA pigment ink with binder solution for high-quality, highly sustainable, direct-to-textile printing without steaming or washing.

Features:

  • A new recirculating ink system for superior reliability and minimum maintenance at start up and during production
  • Several printing modes to ensure maximum flexibility in terms of design capability
  • New, real-time image processing that eliminates time spent in image pre-calculations
  • A user friendly, intuitive interface
  • A more-efficient polymerisation process that takes place as printed textile goes through the printer’s on-board dryer.
VDMA member companies at ITMA ASIA + CITME (c) ITMA
07.06.2021

VDMA member companies at ITMA ASIA + CITME

Although affected by the Covid-19 pandemic, ITMA ASIA + CITME, which takes place mid-June in Shanghai, will see a convincing participation of VDMA member companies. 56 exhibitors from Germany will exhibit at this year’s edition of Asia’s major fair for textile machinery. Due to the pandemic and travel restrictions, this is much less than in 2018, when 99 exhibitors from Germany were present. The booked space of German companies has almost halved compared to 2018. Nevertheless, Germany is still the second largest exhibitor nation after China.

At a virtual VDMA press conference early June, these renowned VDMA member companies* presented their highlights for the Asian market:

Although affected by the Covid-19 pandemic, ITMA ASIA + CITME, which takes place mid-June in Shanghai, will see a convincing participation of VDMA member companies. 56 exhibitors from Germany will exhibit at this year’s edition of Asia’s major fair for textile machinery. Due to the pandemic and travel restrictions, this is much less than in 2018, when 99 exhibitors from Germany were present. The booked space of German companies has almost halved compared to 2018. Nevertheless, Germany is still the second largest exhibitor nation after China.

At a virtual VDMA press conference early June, these renowned VDMA member companies* presented their highlights for the Asian market:

  • Oerlikon Polymer Processing Solutions Division
  • Truetzschler Group
  • Neuenhauser
  • Saurer
  • Karl Mayer
  • Groz-Beckert
  • Herzog
  • Lenze
  • Mahlo
  • Sedo Treepoint
  • Thies

Instead of visiting the show personally, the VDMA offers a virtual trip to Asia. The established "Textile Machinery Webtalk" series via the newsroom IndustryArena will focus on ITMA ASIA in the run-up to the fair: VDMA Webtalks meet ITMA ASIA.

*See attached document for more information.