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First Oerlikon Nonwoven meltblown technology plant sold to Australia (c) Oerlikon Nonwowen
In times of Corona: Online contract signing between Oerlikon Nonwoven and OZ Health Plus for the new order of an Oerlikon Nonwoven meltblown line for Australia.
07.07.2020

First Oerlikon Nonwoven meltblown technology plant sold to Australia

  • Australian production of medical masks to commence from April 2021 with Oerlikon Nonwoven meltblown technology

Neumünster/Germany, Brisbane/Queensland/Australia – Queensland company OZ Health Plus will establish Australia’s first manufacturing plant to make the critical fine plastic material used in most protective face masks. OZ Health Plus has purchased a plant of the Swiss-based technology company Oerlikon to establish a Queensland-based production plant for spun-bond and meltblown nonwovens. These fabrics are essential for Australia’s face mask manufac-turers, who currently produce about 500 million medical and industrial masks per year. However the fabrics have to be imported from overseas and access to these materials has been severely disrupted during the COVID-19 pandemic.

  • Australian production of medical masks to commence from April 2021 with Oerlikon Nonwoven meltblown technology

Neumünster/Germany, Brisbane/Queensland/Australia – Queensland company OZ Health Plus will establish Australia’s first manufacturing plant to make the critical fine plastic material used in most protective face masks. OZ Health Plus has purchased a plant of the Swiss-based technology company Oerlikon to establish a Queensland-based production plant for spun-bond and meltblown nonwovens. These fabrics are essential for Australia’s face mask manufac-turers, who currently produce about 500 million medical and industrial masks per year. However the fabrics have to be imported from overseas and access to these materials has been severely disrupted during the COVID-19 pandemic.

Oerlikon’s German-based business unit Oerlikon Nonwoven has now executed legal and commercial arrangements to supply the specialised machinery which can manufacture the nonwoven material lo-cally. The same machinery is used to make almost all face masks material manufactured in Europe. The world-leading Oerlikon Nonwoven meltblown plant will commence operations in April next year, with a second stage planned for late 2021.

The Oerlikon Nonwoven plant can produce meltblown fabrics for 500 million masks per year, along with other medical and non-medical grade products, filtration products, sanitary items, antiseptic wipes and more. Rainer Straub, Head of Oerlikon Nonwoven said: “We are very proud that we can now for the first time supply our Oerlikon Nonwoven meltblown technology to Australia. Due to the short delivery time, we hope to make our contribution to the Australian population and their safe sup-ply of high-quality protective masks as soon as possible.”

Queensland company secures manufacturing plant for the only Australian production of critical face mask material

OZ Health Plus director Darren Fooks said: “Australia has access to raw polypropylene feedstock but lacks the plant to convert that raw material to specialised spunbond and meltblown fabrics. These fabrics are essential for local mask manufacturing. The Australian-based Oerlikon Nonwoven plant will fill the production chain gap for Australia by producing the fabrics we need for mask production and many other products – it will reduce Australia’s protective mask supply chain from thousands of kilo-metres, to tens of kilometres.”

“Our decision in favor of Oerlikon Nonwoven was a given once we had analyzed the material samples. It was a matter of course for us that the Business Unit of the Oerlikon Manmade Fibers segment could supply high-quality machines and systems”, added Darren Fooks.

OZ Health Plus’ new facilities will take up 15,000 m2 of manufacturing space and will employ 100 full-time roles once the second stage of the project is complete. OZ Health Plus continues to work with both Queensland and Federal Government stakeholders and values their support in bringing this vital capability to Queensland.

Leading meltblown technology

Oerlikon Nonwoven meltblown technology, which can also be used to produce nonwovens for protec-tive masks, is recognized in the market as the technically most efficient method of producing high-separation filter media from plastic fibers. Most of the protective mask capacities available in Europe to date are produced on Oerlikon Nonwoven equipment.

Source:

Andre Wissenberg
Marketing, Corporate Communications & Public Affairs

07.07.2020

Sustainable fashion: How are the leaders in fast fashion doing? Post-COVID-19 survey

  • 10% of their offer is eco-responsible.
  • Sustainable cotton is a priority for retailers for the coming years.
  • Sustainable garments cheaper than standard garments.

Brands are prepared for the new health protection rules and have reopened their stores. But aside from the direct impact of the COVID-19 epidemic, is the fashion market ready to respond to customers’ desire to act by changing their spending habits?

Based on analyses by Retviews, a recently acquired startup, Lectra has produced a survey of sustainable fashion among the leading fast fashion brands*.

The COVID-19 crisis has given many people the desire to live more meaningfully and to act more responsibly. The crisis period could be seen as the catalyst that forces the fashion industry to change the way it designs, produces and distributes its products. Since, for consumers, buying is a way of expressing a commitment and affirming their values, brands have an incentive to change their offer in preparation for the future, by taking a more eco-responsible, authentic and transparent approach.

  • 10% of their offer is eco-responsible.
  • Sustainable cotton is a priority for retailers for the coming years.
  • Sustainable garments cheaper than standard garments.

Brands are prepared for the new health protection rules and have reopened their stores. But aside from the direct impact of the COVID-19 epidemic, is the fashion market ready to respond to customers’ desire to act by changing their spending habits?

Based on analyses by Retviews, a recently acquired startup, Lectra has produced a survey of sustainable fashion among the leading fast fashion brands*.

The COVID-19 crisis has given many people the desire to live more meaningfully and to act more responsibly. The crisis period could be seen as the catalyst that forces the fashion industry to change the way it designs, produces and distributes its products. Since, for consumers, buying is a way of expressing a commitment and affirming their values, brands have an incentive to change their offer in preparation for the future, by taking a more eco-responsible, authentic and transparent approach.

While these factors were apparent before the pandemic, they have now become the key to interacting with consumers wanting a more responsible offer. The era of the consumer activist, long heralded without actually becoming a reality, is now here, and brands must adapt in response.

*Please read the attached document for more information

More information:
Lectra, PLM Covid-19 Retviews
Source:

Lectra Headquarters / Press Department

30.06.2020

Autoneum realigns financing sustainably

Due to the COVID 19 crisis and its significant impact on the automotive industry and Autoneum's course of business, the Company and a bank consortium have amended the existing long-term credit agreement in the amount of CHF 350 million, amongst others with regard to the financial covenants.

At the same time, the two major shareholders Michael Pieper and Peter Spuhler have  agreed to extend the term of the subordinated loans of CHF 20 million each, granted in December 2019, subject to the financial performance of Autoneum Group and aligned with the credit agreement with the bank syndicate. As a result, Autoneum's liquidity and long-term financing continue to be secured on a sustainable basis.

Due to the COVID 19 crisis and its significant impact on the automotive industry and Autoneum's course of business, the Company and a bank consortium have amended the existing long-term credit agreement in the amount of CHF 350 million, amongst others with regard to the financial covenants.

At the same time, the two major shareholders Michael Pieper and Peter Spuhler have  agreed to extend the term of the subordinated loans of CHF 20 million each, granted in December 2019, subject to the financial performance of Autoneum Group and aligned with the credit agreement with the bank syndicate. As a result, Autoneum's liquidity and long-term financing continue to be secured on a sustainable basis.

More information:
Covid-19 Autoneum
Source:

Autoneum Management AG

Finally: the fast-acting, all-in-one, highly durable antibacterial and antiviral solution for textiles: RUCO®-BAC AGP. (c) RUDOLF GmbH
24.06.2020

Finally: the fast-acting, all-in-one, highly durable antibacterial and antiviral solution for textiles: RUCO®-BAC AGP.

  • RUDOLF GROUP is thrilled to unveil the perfected antiviral features embedded in RUCO®-BAC AGP, the Company’s flagship antimicrobial product for textile applications.

As a consequence of COVID-19 global pandemic the demand for chemical auxiliaries with antimicrobial effect has boomed. RUDOLF GROUP invested important resources in the meticulous assessment of a new antiviral feature which is now added to one of their leading technologies .

Such an effort returned the surprisingly fast and most comprehensive antibacterial and antiviral textile finishing on the market: RUCO®-BAC AGP.

History has led to great vision and innovation

The powerful antimicrobial effectiveness of RUCO®-BAC AGP is rooted in the extraordinary properties of silver, whose antimicrobial magic is lost in the mists of time. Already known by the ancient Romans, Greeks and Egyptians, water and milk were preserved by using silver coins through the early modern age.

  • RUDOLF GROUP is thrilled to unveil the perfected antiviral features embedded in RUCO®-BAC AGP, the Company’s flagship antimicrobial product for textile applications.

As a consequence of COVID-19 global pandemic the demand for chemical auxiliaries with antimicrobial effect has boomed. RUDOLF GROUP invested important resources in the meticulous assessment of a new antiviral feature which is now added to one of their leading technologies .

Such an effort returned the surprisingly fast and most comprehensive antibacterial and antiviral textile finishing on the market: RUCO®-BAC AGP.

History has led to great vision and innovation

The powerful antimicrobial effectiveness of RUCO®-BAC AGP is rooted in the extraordinary properties of silver, whose antimicrobial magic is lost in the mists of time. Already known by the ancient Romans, Greeks and Egyptians, water and milk were preserved by using silver coins through the early modern age.

R&D at RUDOLF GROUP has mounted silver on highly sophisticated, functional and registered microstructures that strengthen and amplify the qualities of this noble metal.

RUDOLF’s proprietary microstructures are the responsible hidden secret and key technical breakthrough behind both efficacy and durability of RUCO®-BAC AGP. This innovation is now the preferred solution to help reducing proliferation and cross-contamination of bacteria and enveloped-virus on textiles.

One gram of microstructures has the astonishing superficial area of about 60 m². The advantage of a much higher surface is that the consumption of resources and dosages can be minimized by the factor 100 and that makes RUCO®-BAC AGP a highly conscious choice.

“Due to the microstructures, a virtually infinite protective shield is created in the textile from which highly effective positive silver ions are set free in small, exactly dosed quantities” says Dr. Dirk Sielemann, R&D Director at Rudolf Group.

Taking performance to the next level

RUCO-BAC AGP effectively protects any textile against bacteria (harmful and odour-causing) and its superior antiviral performance on textiles has been independently demonstrated by applying the most modern testing methods. Assessments were carried out on enveloped Coronaviridae families known to cause a broad spectrum of animal and human diseases.

The microstructures in RUCO®-BAC AGP trigger their powerful antibacterial and antiviral effects based on 3 distinctive inhibiting mechanisms:
1.    Blocking of oxygen-transporting enzymes therefore leading to impaired growth;
2.    Crushing of disulfide bonds and therefore structure of sulphur-containing proteins.
3.    Possible interference with Bacteria and virus surface protein in the membrane.

RUCO®-BAC AGP is intended for the protection of the treated textiles and the microstructures of RUCO®-BAC AGP were studied thinking of performance and safety. It is suitable for next-to-skin applications and cytotoxicity tests show that RUCO®-BAC AGP has no influence on the natural microflora of the skin. Furthermore, because of the adhesion mechanism of its microstructures, RUCO®-BAC AGP is only active in/on the textile and it is non-migrating. 

“This year 202o is being highly emotional and it’s leading to the widespread introduction of antimicrobials on textile and to a myriad of vague, misleading or unsubstantiated marketing claims”, states Dr. Gunther Duschek, Managing Director at RUDOLF GROUP. He concludes “As a highly responsible company, we move cautiously and stand for technologies and practices that are effective, truthful and limit the exposure of apparel manufacturers, retailers and buyers to any risk”.

Source:

EFFE-BI SRL PR & COMMUNICATION

17.06.2020

Virtual event series by Mimaki

  • Live Event Series Launched to Connect with Customers and Drive New Opportunities After COVID-19

Mimaki Europe, a leading manufacturer of inkjet printers and cutting systems, has announced it will host a three-part virtual event series – Mimaki Live Series – to support customers looking for inspiration and advice on how to maintain or revive business after the COVID-19 crisis.

Building on the success of Mimaki’s Virtual Print Festival in March and April this year, Mimaki has created an exciting and insightful three-day programme for three market-focused virtual events:

  • Event I – Sign Graphics – 30th June 2020
  • Event II – Textiles – 14th July 2020
  • Event III – Industrial Printing - 27th August 2020

Each event will provide a platform for Mimaki representatives, customers, and suppliers to discuss the impact the COVID-19 crisis has had on their business and the wider industry, as well as share their experiences, challenges, and success stories.

  • Live Event Series Launched to Connect with Customers and Drive New Opportunities After COVID-19

Mimaki Europe, a leading manufacturer of inkjet printers and cutting systems, has announced it will host a three-part virtual event series – Mimaki Live Series – to support customers looking for inspiration and advice on how to maintain or revive business after the COVID-19 crisis.

Building on the success of Mimaki’s Virtual Print Festival in March and April this year, Mimaki has created an exciting and insightful three-day programme for three market-focused virtual events:

  • Event I – Sign Graphics – 30th June 2020
  • Event II – Textiles – 14th July 2020
  • Event III – Industrial Printing - 27th August 2020

Each event will provide a platform for Mimaki representatives, customers, and suppliers to discuss the impact the COVID-19 crisis has had on their business and the wider industry, as well as share their experiences, challenges, and success stories.

The Mimaki Live events will feature a host of engaging panel discussions, opinion polls, live chats and Q&As, all designed to prompt important, topical discussions and share information and advice across the print community.  

To register for the Mimaki Live event series, please visit www.mimakieurope.com/mimaki-live-event.

More information:
Mimaki
Source:

Mimaki

Chantelle Lingerie stellt die Produktion auf Mund- und Nasenmasken (c) Chantelle Lingerie
09.06.2020

Chantelle Lingerie stellt Produktion auf Mund- und Nasenmasken um

Mit Flexibilität und Innovation durch die Krise: Chantelle Lingerie stellt die Produktion auf Mund- und Nasenmasken um und sichert das Fortbestehen des Unternehmens

Düsseldorf - Angesichts der Covid-19-Pandemie und des dringenden Bedarfs an Mund- und Nasenmasken hat das französische Familienunternehmen Chantelle schnell reagiert und sein Fachwissen sowie seine Werksmitarbeiter eingesetzt, um wiederverwendbare Mund- und Nasenmasken für den nicht medizinischen Gebrauch herzustellen. Die Produktion läuft bereits seit zwei Monaten, währenddessen hat das Unternehmen seine Unterwäscheproduktion pausiert.

Für Ende Juni werden in der extra geschaffenen Lagerzone rund 20 Millionen Masken erwartet. Im Chantelle Lager in Corbie finden normalerweise an die vier Millionen BHs Platz, theoretisch können hier also 50 bis 60 Millionen Masken gelagert werden.

Mit Flexibilität und Innovation durch die Krise: Chantelle Lingerie stellt die Produktion auf Mund- und Nasenmasken um und sichert das Fortbestehen des Unternehmens

Düsseldorf - Angesichts der Covid-19-Pandemie und des dringenden Bedarfs an Mund- und Nasenmasken hat das französische Familienunternehmen Chantelle schnell reagiert und sein Fachwissen sowie seine Werksmitarbeiter eingesetzt, um wiederverwendbare Mund- und Nasenmasken für den nicht medizinischen Gebrauch herzustellen. Die Produktion läuft bereits seit zwei Monaten, währenddessen hat das Unternehmen seine Unterwäscheproduktion pausiert.

Für Ende Juni werden in der extra geschaffenen Lagerzone rund 20 Millionen Masken erwartet. Im Chantelle Lager in Corbie finden normalerweise an die vier Millionen BHs Platz, theoretisch können hier also 50 bis 60 Millionen Masken gelagert werden.

Guillaume Kretz, Geschäftsführer von Chantelle: „Das Thema hat weltweite Relevanz, deswegen wollen wir auch Südamerika, dort wo die Pandemie erst jetzt beginnt, genügend Masken zur Verfügung stellen. Mit der Covid-Pandemie kam der Anstoß umzudenken, die Produktion von Masken voranzutreiben, die auch allgemein gegen Krankheiten und Umweltverschmutzung (z.B. Smog) schützen. Wir wollen die Masken weiter verbessern und auch in Zukunft in Innovationen investieren und so zum Beispiel bis zum Ende des Jahres Masken für Schwerhörige entwickeln, die das Lippenlesen ermöglichen.“ und ein großes Zukunftspotential haben.

Das renommierte Familienunternehmen Chantelle Lingerie wurde Ende des 19. Jahrhunderts gegründet und hat schon einige wirtschaftliche und politische Krisen miterlebt.

Das Unternehmen reagiert in Krisensituationen in kürzester Zeit und äußerst flexibel um sicherzustellen, dass Mitarbeiter gehalten und das Fortbestehen des Unternehmens gesichert werden kann. Als wegen der Schließung der Läden im Rahmen der Corona-Krise die Anfrage nach Unterwäsche stark zurückgegangen ist, hat das Unternehmen besonders schnell reagiert und die Produktion in den eigenen Werken in Frankreich, Marokko, Tunesien, Thailand und Vietnam, umgestellt.

„Wir sind eine Textil-Firma, die ihre Historie in der Lingerie hat. Zu unserer Kernkompetenz zählt das Gefühl für Materialien und ideale Passformen – Ideen setzen wir schnell um, die auf hochwertigstem Niveau in unseren Produktionsstätten gefertigt werden können. Wir agieren schnell, effektiv und passen die Produktionskapazitäten der realen Nachfrage an“, erklärt Guillaume Kretz.

Innerhalb von nur drei Wochen hat das Unternehmen standardisierte Masken produziert und plant zukünftig den Tragekomfort als auch die Funktion zu verbessern. Als einer der größten Unterwäschehersteller weltweit hat Chantelle sich zum Ziel gesetzt Mund- und Nasenmasken dauerhaft im Sortiment aufzunehmen und sich im Bereich der Produktion von Mund- und Nasenmasken als Marktführer zu etablieren – das flexible und innovative Marktmanagement von Chantelle ermöglichte, dass das Unternehmen auch diese Krise ohne allzu große Verluste überstanden hat. :
 

Cifra, Iluna Group, Rosti and Sitip launch fashionable masks with ROICA™ (c) Sitip-Rosti
Sitip Rosti Mask
08.06.2020

Cifra, Iluna Group, Rosti and Sitip launch fashionable masks with ROICA™

Masks yes, but with comfort, safety and also style: Cifra, Iluna Group, Rosti and Sitip launch masks with a fashion touch with the premium stretch fiber ROICA™
 
Big companies are updating their productions with high-performance and high technical characteristics masks, result of their historical experience and thanks to an exceptional partner in common: the premium stretch fiber ROICA™ by Asahi Kasei. And the solidarity race continues to donate them to hospitals and to the Red Cross
 
Forced to keep most of the face covered and often for a long time during the day, solutions that are above all performing and comfortable become increasingly necessary.

Masks yes, but with comfort, safety and also style: Cifra, Iluna Group, Rosti and Sitip launch masks with a fashion touch with the premium stretch fiber ROICA™
 
Big companies are updating their productions with high-performance and high technical characteristics masks, result of their historical experience and thanks to an exceptional partner in common: the premium stretch fiber ROICA™ by Asahi Kasei. And the solidarity race continues to donate them to hospitals and to the Red Cross
 
Forced to keep most of the face covered and often for a long time during the day, solutions that are above all performing and comfortable become increasingly necessary.

And solutions that are also a manifestation of our personality, which remains hidden and entrusted to the mere expression of the eyes. Walking on the streets we sometimes even don’t even recognize each other, since we are so hidden; and the desire to minimize the situation often takes over, together with that desire to make us recognizable, to possess and express an identity anyway. For fans of escaping homologation (now more than ever mandatory and for this reason even more difficult) “rescue comes” - and this is the case to say it - from illuminated companies who have thought about creative solutions for those with masks has to do all day, at home, at work, during sports and in leisure time. To feel more comfortable, there are many proposals: more “street style” for sports addicted and young people - inside and outside -, more elegant and sophisticated for women.

Textiles companies have joined the fight against Covid-19 engaging a strong and decisive personal and productive battle, which has seen many of them transform and convert their production units for the production of masks and gowns intended for medical personnel and the community.

Some of the most established excellences of the textile sector as Cifra, Iluna Group, Rosti and Sitip have made use of the precious collaboration of ROICA™, the premium stretch fiber by Asahi Kasei. ROICA™ is the innovative and smart premium ingredient chosen by these companies to guarantee even more comfort, thanks to an exceptional top-level component that gives elasticity for perfect adherence to the skin. Each of the companies then declined its production according to its specificity. And this is their important contribution.

Cifra presents the eco-sustainable version of the mask, the ECO-MASK™, which combines the high performance of Cifra knitting technology with the sustainability of the materials used. The 100% regenerated yarns create a 100% sustainable mask with 83% ECONYL and 17% ROICA™ V550 elastomer, the stretch fiber certified Cradle to Cradle Gold Health Level which allows excellent and lasting printability, as well as advantages regarding the circular economy as it does not release harmful substances into the test environment according to the Hohenstein Environmental Compatibility certification.

Iluna Group, European leader in the production of lace, has recently donated 400 protective “smart”  made with ROICA™ EF, the world first GRS - Global Recycled Standard – certified elastomer and which uses 58% of pre-consumer recycled content, mixed with Q-NOVA® by Fulgar. Multi-use, washable, bacteriostatic, breathable and water-repellent prevention masks gave to San Gerardo Hospital in Monza to answer to the Call to action launched on March 19th by the green journalist Diana De Marsanich, with the responsible and innovative materials expert Giusy Bettoni of C.L.A.S.S. Eco Hub, the fashion designer Marina Spadafora of Fashion Revolution Italia and the entrepreneur Simona Roveda of LifeGate. Iluna Group also announces the launch of the website dedicated to the direct sale of the different kind of masks all made with three layers, antibacterial and anti-drip treatment and washable up to 10 times. Iluna Group has also created the “smart” masks made with ROICA™ EF, the world first GRS - Global Recycled Standard – certified elastomer and which uses 58% of pre-consumer recycled content, mixed with Q-NOVA® by Fulgar.

In addition to the “smart” masks, available for women, men and children, Iluna Group has created two special versions of Lace Masks, covered with refined lace. One embroidered on a cotton base and one with soft microfiber.

Rosti, historic knitwear factory based in Brembate specialized in the design and production of cycling clothing with the best technical fabrics and the most advanced technologies, has put its experience at the service of the production of protective masks washable up to 20 times, made with Sitip fabric and with the anti-drop treatment Ecoacquazero®. Fascinating and protective like a second skin, the masks are sold in a pack of 10 pieces with captivating, colorful, geometric and original graphics, designed for every personality.

Rosti masks contain the premium stretch fiber ROICA™ Resistance, a family of premium stretch yarn with particular performances of resistance and durability.

28.05.2020

Rieter: Business Situation facing COVID-19 Pandemic

  • Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
  • Comprehensive crisis management implemented
  • Loss in the mid double-digit million range expected in the first half of 2020
  • Plans to introduce short-time working to adjust capacity in Switzerland and Germany
  • Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

  • Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
  • Comprehensive crisis management implemented
  • Loss in the mid double-digit million range expected in the first half of 2020
  • Plans to introduce short-time working to adjust capacity in Switzerland and Germany
  • Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

Comprehensive crisis management
Rieter has implemented comprehensive crisis management. Priorities are being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide.
The order backlog of well in excess of CHF 500 million is being processed largely according to plan, despite the existing bottlenecks in the supply chains. Less than 5% of the orders in the order backlog have been canceled.
Rieter has already implemented measures to ensure liquidity and reduce costs. The company has good net liquidity and undrawn credit lines in the mid three-digit million range.
Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level.

Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level. The effects of COVID-19 will place an additional burden on the first half of 2020. Rieter therefore expects sales in the first half of 2020 to be less than CHF 300 million. Despite the countermeasures implemented at the net profit level, this will lead to a loss in the mid double-digit million range.

Plans to introduce short-time working to adjust capacity
Rieter plans to apply for short-time working for the areas with forecasted low capacity utilization at the locations in Switzerland and Germany. The application will be for 40% short-time working in the third quarter of 2020. Talks with staff representatives will begin next week.
As a sign of solidarity, Rieter’s Board of Directors, Group Executive Committee and the senior management will waive 10%-20% of their salaries temporarily.

Implementation of the strategy
In recent years, Rieter has consistently implemented the strategy based on innovation leadership, strengthening the business in components, spare parts and services and the adjustment of cost structures. The company intends to forge ahead with the implementation of the strategy in the coming months, thus strengthening its market position for the time after the COVID-19 pandemic.
The next information on the course of business is planned with the publication of the half-year results on July 16, 2020
 

More information:
Coronavirus Rieter
Source:

Rieter Holding AG

27.05.2020

Huntsman Textile Effects and Bao Minh Textile collaborating

  • Producing fabric for medical gowns: Advanced barrier effect solutions support COVID-19 efforts

Huntsman Textile Effects and Bao Minh Textile, one of the largest and most modern woven fabric producers in Vietnam, are collaborating to produce fabric that meets the stringent performance standards required of isolation gowns. High-quality medical gowns are essential protective wear for healthcare workers combatting the global COVID-19 pandemic, but these are in short supply worldwide.

Bao Minh Textile will initially treat 760,000 meters of woven fabric with a carefully curated combination of Huntsman Textile Effects barrier effect solutions and auxiliaries. This fabric is sufficient to produce 345,000 high-grade isolation gowns.

  • Producing fabric for medical gowns: Advanced barrier effect solutions support COVID-19 efforts

Huntsman Textile Effects and Bao Minh Textile, one of the largest and most modern woven fabric producers in Vietnam, are collaborating to produce fabric that meets the stringent performance standards required of isolation gowns. High-quality medical gowns are essential protective wear for healthcare workers combatting the global COVID-19 pandemic, but these are in short supply worldwide.

Bao Minh Textile will initially treat 760,000 meters of woven fabric with a carefully curated combination of Huntsman Textile Effects barrier effect solutions and auxiliaries. This fabric is sufficient to produce 345,000 high-grade isolation gowns.

Bao Minh Textile’s isolation gown fabric relies on a range of Huntsman pretreatment, dyeing and finishing solutions. These include CLARITE® ONE, an all-in-one pretreatment for peroxide bleaching; NOVACRON® and TERASIL® dyes; PHOBOL® CP-C, an excellent oil-, water- and stain-repellent finish; and PHOBOTEX® RSY, a non-fluorinated durable water repellent with extremely high washing resistance. PHOBOL® EXTENDER XAN is also applied to further increase wash durability.

 

Source:

Huntsman Textile Effects

ITM 2021
The ITM and Hightex Exhibitions are postponed
22.05.2020

ITM and HIGHTEX Exhibitions Postponed to 22-26 June 2021

ITM International Textile Machinery Exhibition and HIGHTEX International Technical Textiles and Nonwoven Exhibition, held every two years in partnership with Tüyap Tüm Fuarcılık Inc. and Teknik Fuarcılık Inc., and in cooperation with TEMSAD, were planned to be held between June 2-6 this year. However, as effects of Corona virus (Covid-19) continue to increasingly impact all the world, ITM and HIGHTEX exhibitions had been postponed to 14-18 July 2020, but it has been announced that the events have been rescheduled to 22-26 June 2021. 

ITM International Textile Machinery Exhibition and HIGHTEX International Technical Textiles and Nonwoven Exhibition, held every two years in partnership with Tüyap Tüm Fuarcılık Inc. and Teknik Fuarcılık Inc., and in cooperation with TEMSAD, were planned to be held between June 2-6 this year. However, as effects of Corona virus (Covid-19) continue to increasingly impact all the world, ITM and HIGHTEX exhibitions had been postponed to 14-18 July 2020, but it has been announced that the events have been rescheduled to 22-26 June 2021. 

Exhibitions Preparation Continue
Preparations for ITM and HIGHTEX 2021 Exhibitions continue at full steam to bring together hundreds of manufacturers and global investors who develop leading technologies in their fields. The latest technologies and new products to be displayed at ITM and HIGHTEX Exhibitions, which will open their doors in Istanbul Tuyap Fair Convention and Congress Center next year, will meet with textile investors from all over the world.
 
ITM 2018, where textile machinery leaders exhibited their latest technological products, turned into a trade show with global launches and hosted one of the largest meetings in the world, with 1150 exhibitors from 64 countries and 58.942 visitors (14.248 of them foreigners) from 94 countries.

Source:

Teknik Fuarcılık INC

19.05.2020

Starlinger: New circular loom RX 8.1

The RX circular loom series is produced at the Starlinger plant in Taicang/China specifically for the Southeast Asian market. This series is now extended with the RX 8.1, a circular loom that is particularly suited to the production of lightweight fabrics for 1-loop FIBCs, tarpaulins as well as geo- and agrotextiles made of PP, HDPE, and PET. In combination with the RX 6.0, RX 6.1, and RX 8.2, Starlinger Taicang now offers the ideal circular loom for every fabric width.
The new Starlinger circular loom RX 8.1 produces fabric with a width of 1,200 – 1,700 mm, which is an ideal match for 1-loop FIBCs, tarpaulin fabrics as well as geo- and agrotextiles. The model completes the RX series, which now covers every working width between 300 and 2,250 mm.

The RX circular loom series is produced at the Starlinger plant in Taicang/China specifically for the Southeast Asian market. This series is now extended with the RX 8.1, a circular loom that is particularly suited to the production of lightweight fabrics for 1-loop FIBCs, tarpaulins as well as geo- and agrotextiles made of PP, HDPE, and PET. In combination with the RX 6.0, RX 6.1, and RX 8.2, Starlinger Taicang now offers the ideal circular loom for every fabric width.
The new Starlinger circular loom RX 8.1 produces fabric with a width of 1,200 – 1,700 mm, which is an ideal match for 1-loop FIBCs, tarpaulin fabrics as well as geo- and agrotextiles. The model completes the RX series, which now covers every working width between 300 and 2,250 mm.

Like all models of the RX series, the RX 8.1 is equipped with numerous technological advantages. Due to its special reed and shuttle design, the machine does not have any sliding parts that would require lubrication, and thus leaves no traces of oil on the fabric. This property allows for the optimal adherence of the coating to the fabric and eliminates concerns regarding the use of the fabric in food applications. Moreover, the RX 8.1 produces fabric of highest quality at lowest production cost per square meter, as the production speed of 800 picks/minute is high while the number of warp breaks is low.
Other advantages are the machine’s user-friendliness, the energy-saving motors as well as a low noise level.

The machine will give its official debut at the plastics exhibition Chinaplas in 2021, as this year’s event has been cancelled due to COVID-19. In the meantime, the RX. 8.1, can bes visited in the Starlinger factory in Taicang. The standard execution of the machine with single inlet will show the production of tarpaulin fabric with a double flat width of 1,500 mm and a weight of 70 g/m².
A second machine will be equipped with double inlet and a gusseting device, which are available as options, and will produce fabric for 1-loop FIBCs with the same width, but twice the fabric weight (140 g). Another machine in Taicang, which can be visited is the RX 6.0 L: On this 6-shuttle circular loom, a PE liner is inserted into the woven fabric tube and attached to the plastic fabric. This process is performed fully automatically in the production process and allows the use of the fabric in sensitive applications such as food packaging.

Source:

Starlinger und Co GmbH

18.05.2020

AMAC cooperates with Alpha Executive Advisory

In these difficult times of the worldwide COVID-19 crisis, flexible reactions and fast decisions can be of imminent importance, particularly in the fragmented composite industry with its back-bone of small and medium-sized enterprises (SMEs).

In response, the Industrial and Business Consulting company AMAC under the lead of Dr. Michael Effing has signed today a cooperation agreement with Alpha Executive Advisory to jointly offer advisory services in Business Coaching, Acquisitions & Divestitures as well as Business Transformation and Crisis Management, also ad interim.

In detail, this cooperation is to identify the right fit in terms of capabilities and financial strength for companies looking for expansion or divestiture, to deliver support to innovative young start-up firms in order to faster penetrate the market and to smoothen the transition to the next owner in interim management or to make the next appropriate strategic step.

In these difficult times of the worldwide COVID-19 crisis, flexible reactions and fast decisions can be of imminent importance, particularly in the fragmented composite industry with its back-bone of small and medium-sized enterprises (SMEs).

In response, the Industrial and Business Consulting company AMAC under the lead of Dr. Michael Effing has signed today a cooperation agreement with Alpha Executive Advisory to jointly offer advisory services in Business Coaching, Acquisitions & Divestitures as well as Business Transformation and Crisis Management, also ad interim.

In detail, this cooperation is to identify the right fit in terms of capabilities and financial strength for companies looking for expansion or divestiture, to deliver support to innovative young start-up firms in order to faster penetrate the market and to smoothen the transition to the next owner in interim management or to make the next appropriate strategic step.

More information:
AMAC
Source:

AMAC GmbH

14.05.2020

SGL Carbon achieves results in line with initial expectations

No significant impact yet from Covid-19 pandemic in the first quarter 2020:

No significant impact yet from Covid-19 pandemic in the first quarter 2020:

  • Group sales revenues at 247 million euros approximately 15 percent below prior year’s level, but slightly above the guidance corridor (220 to 240 million euros) as published in March 2020
  • Decline in Group sales due to changes in the lithium-ion battery supply chain in the business unit Graphite Materials & Systems (GMS) as well as restructuring-driven lower sales in Textile Fibers in the business unit Composites – Fibers & Materials (CFM)
  • Group recurring EBIT approximately 50 percent below prior year level at 9 million euros and at the upper end of the guidance corridor (mid to high single-digit million euros amount)
  • Due to timely implemented measures and in contrast to the usual seasonal pattern, liquidity of approximately 150 million euros as of March 31, 2020 developed very favorably compared to year-end 2019 (137 million euros)
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: “We acted decisively and took various measures at an early stage, both to ensure the safety of our employees and to mitigate the economic impact of the pandemic.”
  • Guidance for the full year 2020 remains suspended due to the impacts of the Covid-19 pandemic; decline in Group sales revenue and negative Group recurring EBIT expected for the second quarter 2020

In the first quarter 2020, SGL Carbon has not yet been significantly impacted by the Covid-19 pandemic and reached sales revenues slightly above the guidance corridor of 220 to 240 million euros published on March 12, 2020. In total, Group sales at 247 million euros was approximately 15 percent below the prior year level. The development is primarily attributable to changes in the lithium-ion battery supply chain in the business unit Graphite Materials & Systems (GMS) as well as to restructuring-driven lower sales in Textile Fibers in the business unit Composites – Fibers & Materials (CFM). As planned, Group recurring EBIT decreased by approximately 50 percent to 9 million euros and thus reached the upper end of the guidance corridor of a mid to high single-digit million euros amount.

As the global measures taken to contain the pandemic led to disruptions in production and supply chains in April and early May 2020, a significant double-digit percentage decrease in Group sales revenue and a negative Group recurring EBIT are expected for the second quarter 2020.  

SGL Carbon implemented various measures to counter the economic impact of the pandemic at an early stage. For this reason, liquidity developed very favorably compared to year-end 2019 and in contrast to the usual seasonal pattern and improved from 137 million to approximately 150 million euros.

More information:
SGL Carbon
Source:

SGL Carbon SE

Eagle Creek verteilt Gesichtsmasken an stationären Fachhandel (c) Eagle Creek
Eagle Creek Gesichtsmaske
13.05.2020

Eagle Creek verteilt Gesichtsmasken an stationären Fachhandel

  • Für- & Vorsorge am Point of Sale

Endlich darf der stationäre Fachhandel in Deutschland (teilweise) wieder seine Tore öffnen. Damit dies auch so bleiben kann, gilt es für Kunden und Händler mehr denn je, Sicherheitsmaßnahmen streng einzuhalten. Eagle Creek als Spezialist für Reisegepäck weiß jedoch, dass es Verkaufsgespräche gibt, in denen der Sicherheitsabstand einfach nicht eingehalten werden kann. Aus diesem Grund unterstützt Eagle Creek seine stationären Händler in Europa und verteilt über 2000 wiederverwendbare Gesichtsmasken als Präventivschutz am PoS.

„Das Wohlergehen unserer Mitarbeiter und Händler hat für uns höchste Priorität.“, sagt Oliver Messing, Geschäftsführer von Eagle Creek Europe, mit Blick auf die aktuellen Lockerungen. „Wir halten uns strikt an die WHO-Richtlinien zu sozialer Distanzierung, Schutz und Prävention. Im direkten Kontakt mit Kunden ist es jedoch nicht immer möglich, alle Richtlinien zu befolgen.“

  • Für- & Vorsorge am Point of Sale

Endlich darf der stationäre Fachhandel in Deutschland (teilweise) wieder seine Tore öffnen. Damit dies auch so bleiben kann, gilt es für Kunden und Händler mehr denn je, Sicherheitsmaßnahmen streng einzuhalten. Eagle Creek als Spezialist für Reisegepäck weiß jedoch, dass es Verkaufsgespräche gibt, in denen der Sicherheitsabstand einfach nicht eingehalten werden kann. Aus diesem Grund unterstützt Eagle Creek seine stationären Händler in Europa und verteilt über 2000 wiederverwendbare Gesichtsmasken als Präventivschutz am PoS.

„Das Wohlergehen unserer Mitarbeiter und Händler hat für uns höchste Priorität.“, sagt Oliver Messing, Geschäftsführer von Eagle Creek Europe, mit Blick auf die aktuellen Lockerungen. „Wir halten uns strikt an die WHO-Richtlinien zu sozialer Distanzierung, Schutz und Prävention. Im direkten Kontakt mit Kunden ist es jedoch nicht immer möglich, alle Richtlinien zu befolgen.“

Aus diesem Grund unterstützt Eagle Creek seine stationären Händler mit komfortablen Gesichtsmasken. Kommende Woche werden 2.400 Gesichtsmasken (in dreier Sets) kostenfrei an stationäre Eagle Creek Europe Händler verschickt. Die Masken sind nicht für den Weiterverkauf gedacht, sondern sollen von dem Personal auf den Verkaufsflächen getragen werden. So kann das Risiko einer Ansteckung zwischen Verkäufer und Kunde während des Beratungsgesprächs reduziert werden.

Die wiederverwendbaren Gesichtsmasken bestehen aus zwei Schichten, wodurch sie langlebig und effektiv sind. Ihr Gewebe ist weich, passt sich gut an das Gesicht an und beeinträchtigt die Atmung nicht. Dank der SilverPlus® Beschichtung wird das Wachstum von geruchsverursachenden Bakterien verhindert. Mittels der elastischen Bänder lassen sie sich schnell und unkompliziert aufsetzen und passen auf unterschiedlichste Kopfformen. Sie können per Hand oder bei 40 °C in der Waschmaschine gewaschen werden. Die Eagle Creek Gesichtsmasken halten keinen FFP-Standard ein und sind somit nicht zertifiziert.

Source:

Kern Gottbrath Kommunikation GbR

Hochschule Niederrhein erhält 6000 Alltagsmasken von van Laack GmbH (c) Hochschule Niederrhein
Foto (von links): Prof. Maike Rabe, Stephanie Thoma, Prof. Lutz Vossebein, Prof. Robert Groten, Julian Wossack und Christian von Daniels.
13.05.2020

Hochschule Niederrhein erhält 6000 Alltagsmasken von van Laack GmbH

Mönchengladbach - Textilexperten der Hochschule Niederrhein haben das Mönchengladbacher Unternehmen van Laack GmbH dabei unterstützt, Infektionsschutzkittel und FFP2-Schutzmasken zu entwickeln. Von diesen zur Eindämmung der Corona-Pandemie notwendigen Schutzartikeln wurden dem Land Nordrhein-Westfalen inzwischen zehn Millionen Stück zur Verfügung gestellt. Als Dankeschön für die schnelle und fachgerechte Hilfe spendete van Laack 6000 waschbare Alltagsmasken an die Hochschule Niederrhein.

„Mit dieser Geste möchten wir uns bei der Hochschule Niederrhein für die prompte fachliche Unterstützung bei der Entwicklung von Infektionsschutzkitteln und FFP2-Schutzmasken mit Mehrwegkonzept bedanken“, sagte Christian von Daniels, Geschäftsführer des Hemdenherstellers van Laack gestern bei der Übergabe der Spende.

Mönchengladbach - Textilexperten der Hochschule Niederrhein haben das Mönchengladbacher Unternehmen van Laack GmbH dabei unterstützt, Infektionsschutzkittel und FFP2-Schutzmasken zu entwickeln. Von diesen zur Eindämmung der Corona-Pandemie notwendigen Schutzartikeln wurden dem Land Nordrhein-Westfalen inzwischen zehn Millionen Stück zur Verfügung gestellt. Als Dankeschön für die schnelle und fachgerechte Hilfe spendete van Laack 6000 waschbare Alltagsmasken an die Hochschule Niederrhein.

„Mit dieser Geste möchten wir uns bei der Hochschule Niederrhein für die prompte fachliche Unterstützung bei der Entwicklung von Infektionsschutzkitteln und FFP2-Schutzmasken mit Mehrwegkonzept bedanken“, sagte Christian von Daniels, Geschäftsführer des Hemdenherstellers van Laack gestern bei der Übergabe der Spende.

Julian Wossack, Absolvent der Hochschule Niederrhein und Leiter Einkauf und Produktmanagement bei van Laack, hatte zu Beginn der Krise mit der Entwicklung von Alltagsmasken begonnen. Christian von Daniels: „Das hat uns aber nicht zufrieden gestellt, es musste doch in einem Konfektionsunternehmen mehr möglich sein. Dabei war uns der Aspekt der Wiederverwendung der Produkte sehr wichtig, damit der Schutz der Menschen auch mit einem Schutz der Umwelt einhergeht.“

Auf seine Bitte hin wandte sich Julian Wossack an seine ehemalige Professorin Dr. Maike Rabe, Leiterin des Forschungsinstituts für Textil- und Bekleidung der Hochschule Niederrhein. Diese stellte ein Expertenteam zusammen, das sich Gedanken über Materialzusammensetzung, Vliesstoffqualitäten, chemische Ausrüstungen, Filterwirkung, Schnittgestaltung und Schweißverfahren für virendichte Nähte machte. Mit an Bord waren die Professoren Dr. Lutz Vossebein, Dekan des Fachbereichs Textil- und Bekleidungstechnik und Leiter der Öffentlichen Prüfstelle für das Textilwesen, Dr. Robert Groten, Experte für Technische Textilien und Vliesstoffe, Dr. Kerstin Zöll, Expertin für Konfektionstechnologie sowie Stephanie Thoma, Mitarbeiterin im konfektionstechnischen Labor.

„Wir alle waren froh, unser Fachwissen in dieser Krise zur Problemlösung einzusetzen. Anwendungstechnik und Transfer schreiben wir uns ja sowieso auf die Fahnen“, sagte Maike Rabe. Lutz Vossebein ergänzt: „Die Zusammenarbeit hat auch uns beflügelt, sie zeigt wie wichtig der Austausch zwischen den Hochschulen und der Wirtschaft ist. Die Masken werden nun für den Schutz der Mitarbeiterinnen und Mitarbeiter sowie im Bedarfsfall der Studierenden eingesetzt.“

06.05.2020

CHT teams up with HeiQ in fight against COVID-19

The corona pandemic continues to put a strain on health systems around the globe. Many places lack effective textile protective kit among others for their medical personnel. HeiQ, a Swiss specialty chemicals company, has developed antiviral and antibacterial protective kit that is quickly effective against Coronaviruses (229E), as confirmed in wide-ranging studies. In cooperation with HeiQ, the CHT Group is supplying this technology to the market to help decrease the global shortage in protective wear.

A wide number of studies have proven that viruses and bacteria can remain active on textile surfaces for a longer period. The SARS-COV-2 virus, which causes the COVID-19 disease, can stay active on a textile for up to two days and therefore be infectious. Shortages in textile protective kit create a high risk for medical personnel who are in contact with COVID-19 patients: often, doctors and nurses cannot change their protective masks and clothing as frequently as would be necessary in order to adhere to hygiene rules and to prevent the spreading of the virus.

The corona pandemic continues to put a strain on health systems around the globe. Many places lack effective textile protective kit among others for their medical personnel. HeiQ, a Swiss specialty chemicals company, has developed antiviral and antibacterial protective kit that is quickly effective against Coronaviruses (229E), as confirmed in wide-ranging studies. In cooperation with HeiQ, the CHT Group is supplying this technology to the market to help decrease the global shortage in protective wear.

A wide number of studies have proven that viruses and bacteria can remain active on textile surfaces for a longer period. The SARS-COV-2 virus, which causes the COVID-19 disease, can stay active on a textile for up to two days and therefore be infectious. Shortages in textile protective kit create a high risk for medical personnel who are in contact with COVID-19 patients: often, doctors and nurses cannot change their protective masks and clothing as frequently as would be necessary in order to adhere to hygiene rules and to prevent the spreading of the virus.

The HeiQ Viroblock NPJ03 that has been developed by HeiQ is a new technology that is also effective against Coronaviruses (229E) thanks to its antibacterial and antiviral properties. Comprehensive studies have demonstrated the kit‘s effectiveness. A combination of silver salts with a vesicle technology deactivates bacteria and viruses on textile surfaces within a few minutes and renders the bacteria and viruses harmless. Textiles equipped in this way reduce the rate of infection by 99.99%, which stops the transmission and the spread of bacteria and viruses through textiles.

Viroblock can be used on all types of fibers – not only for protective kit and masks, but also for work clothing, bed linen, towels and home textiles. The kit is wash-resistant and still highly effective after 30 standard wash processes.

More information:
HeiQ CHT Group corona virus
Source:

CHT Gruppe

Oerlikon führt umfassende Massnahmen ein, um die Auswirkungen der COVID-19-Pandemie zu bewältigen
Oerlikon: Ergebnisse im 1. Quartal 2020
06.05.2020

Oerlikon: Ergebnisse im 1. Quartal 2020

  • Oerlikon führt umfassende Massnahmen ein, um die Auswirkungen der COVID-19-Pandemie zu bewältigen

Die COVID-19-Pandemie hat massive Auswirkungen auf die Weltwirtschaft, Unternehmen und das Alltagsleben; Oerlikon hat Massnahmen ergriffen, um die Mitarbeitenden zu schützen und die Geschäftskontinuität zu wahren.

Oerlikon verfügt über eine solide Kapitalstruktur, starke Liquidität und nettoschuldenfreie Bilanz. Ein Massnahmenplan zur Sicherung der Liquidität und zur Senkung der Kosten in allen Geschäftsbereichen ist in Umsetzung.

Negative Auswirkungen der COVID-19-Pandemie auf den Bestellungseingang, den Umsatz und das EBITDA des Konzerns wegen längerer Stillstände in China und erster Lockdown-Massnahmen in Europa.

  • Oerlikon führt umfassende Massnahmen ein, um die Auswirkungen der COVID-19-Pandemie zu bewältigen

Die COVID-19-Pandemie hat massive Auswirkungen auf die Weltwirtschaft, Unternehmen und das Alltagsleben; Oerlikon hat Massnahmen ergriffen, um die Mitarbeitenden zu schützen und die Geschäftskontinuität zu wahren.

Oerlikon verfügt über eine solide Kapitalstruktur, starke Liquidität und nettoschuldenfreie Bilanz. Ein Massnahmenplan zur Sicherung der Liquidität und zur Senkung der Kosten in allen Geschäftsbereichen ist in Umsetzung.

Negative Auswirkungen der COVID-19-Pandemie auf den Bestellungseingang, den Umsatz und das EBITDA des Konzerns wegen längerer Stillstände in China und erster Lockdown-Massnahmen in Europa.

COVID-19-Massnahmen in China und das verlängerte chinesische Neujahr beeinträchtigen im 1. Quartal den Bestellungseingang des Segments Manmade Fibers. Die für 2020 vorgesehenen Lieferungen des Segments sollen planmässig erfüllt werden; das Segment erhält Aufträge mit Auslieferung 2022/2023 im Wert von über CHF 600 Mio. Weltweite Nachfrage nach der Meltblown-Technologie zur Herstellung von chirurgischen Gesichtsmasken steigt.

Konjunkturverlangsamung in allen Endmärkten beeinträchtigt die Performance des Segments Surface Solutions im 1. Quartal. Zur Steigerung von Effizienz und Agilität wird das bereits angekündigte Produktivitätsprogramm mit aggressiven Kostensenkungszielen weitergeführt. 

Oerlikon zieht die Jahresprognose 2020 aufgrund erheblicher Marktunsicherheit zurück; Mittelfristiges Ziel einer EBITDA-Marge von 16% bis 18% weiterhin angestrebt.

More information:
Covid-19 Oerlikon Coronavirus China
Source:

Oerlikon

06.05.2020

Lenzing’s performance impacted by historically difficult market environment

  • Fiber prices and demand under pressure due to COVID-19 crisis
  • Measures to maintain operations and to protect employees, customers and suppliers implemented successfully
  • Hygiene competence center established to produce personal protective equipment in the fight against COVID-19 pandemic
  • Strategic investment projects in Brazil and Thailand progressing according to plan
  • Management Board proposes not to distribute a dividend for 2019 – AGM rescheduled for June 18, 2020

In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group held its ground well in the first quarter of 2020. Thanks to a diversified business model and its global footprint on the one hand, and the disciplined implementation of the sCore TEN corporate strategy on the other, the effect on the revenue and earnings development was partially offset.

  • Fiber prices and demand under pressure due to COVID-19 crisis
  • Measures to maintain operations and to protect employees, customers and suppliers implemented successfully
  • Hygiene competence center established to produce personal protective equipment in the fight against COVID-19 pandemic
  • Strategic investment projects in Brazil and Thailand progressing according to plan
  • Management Board proposes not to distribute a dividend for 2019 – AGM rescheduled for June 18, 2020

In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group held its ground well in the first quarter of 2020. Thanks to a diversified business model and its global footprint on the one hand, and the disciplined implementation of the sCore TEN corporate strategy on the other, the effect on the revenue and earnings development was partially offset.

In the first quarter of 2020, revenue declined by 16.7 percent in comparison with the prior-year quarter and amounted to EUR 466.3 mn. The main reason was the development of prices for standard viscose (due to significant overcapacity in the market) and other standard fibers. The impact of the COVID-19 crisis further increased pressure on prices and volumes. The prices for standard viscose dropped to a new all-time low of 9,150 RMB/ton by March 31 – up to 33 percent lower than in the prior-year quarter. The comparatively positive development of the specialty fiber business and slightly higher demand for fibers in the medical and hygiene segments partially offset the decline in revenue. The share of specialty fibers increased from 47.3 percent in the first quarter of the previous year to 60.9 percent. The earnings development reflects the decline in revenue: EBITDA (earnings before interest, tax, depreciation and amortization) decreased by 24.3 percent to EUR 69.6 mn. The EBITDA margin declined from 16.4 percent to 14.9 percent. Net profit for the period was down 58.6 percent to EUR 17.7 mn. Earnings per share amounted to EUR 0.84 compared with EUR 1.65 in the first quarter of the previous year.

More information:
Lenzing AG
Source:

Lenzing AG

06.05.2020

Lenzing Board proposes waiver of dividend for 2019

The Management Board of the Lenzing Group reassessed its original resolution for a dividend distribution of EUR 1.00 and decided to propose to the Supervisory Board and the Annual General Meeting not to distribute a dividend for the 2019 financial year due to the COVID-19 crisis.

The Management Board of the Lenzing Group reassessed its original resolution for a dividend distribution of EUR 1.00 and decided to propose to the Supervisory Board and the Annual General Meeting not to distribute a dividend for the 2019 financial year due to the COVID-19 crisis.

More information:
Lenzing AG Dividende
Source:

Lenzing AG

CHIC zum ersten Mal digital (c) CHIC ONLINE
(c) CHIC ONLINE
04.05.2020

CHIC zum ersten Mal digital

  • CHIC ONLINE vom 22. bis 24. April 2020
  • Erfolgreiche Premiere der digitalen Ausgabe der CHIC vom 22.-24. April 2020
  • Mehr als 1.350 Austeller nahmen an den über 100 Online-Aktivitäten der Messe teil
  • Alle Vertriebskanäle des chinesischen Handels waren auf der Plattform vertreten
  • Im Fokus der Kunden: innovatives, kreatives Design und hochwertige Produkte

1.350 teilnehmende Aussteller, über 100 Online-Aktivitäten, über 60 Live-Medienberichte, bis zu 157.403 Besuche verzeichnete die erste CHIC ONLINE vom 22. bis 24. April 2020.

Die aktuell weltweit schwierige wirtschaftliche Situation durch die Corona-Pandemie läßt die Unternehmen nach neuen Lösungsansätzen für ihre Geschäftsmöglichkeiten suchen.
CHIC, China International Fashion Fair, hat mit CHIC ONLINE, ihrer ersten digitalen Messe, an drei Tagen die Möglichkeit geboten, sich mit Entscheidern des chinesischen Modehandels zu vernetzen, sich auszutauschen und Ressourcen zu bündeln.

  • CHIC ONLINE vom 22. bis 24. April 2020
  • Erfolgreiche Premiere der digitalen Ausgabe der CHIC vom 22.-24. April 2020
  • Mehr als 1.350 Austeller nahmen an den über 100 Online-Aktivitäten der Messe teil
  • Alle Vertriebskanäle des chinesischen Handels waren auf der Plattform vertreten
  • Im Fokus der Kunden: innovatives, kreatives Design und hochwertige Produkte

1.350 teilnehmende Aussteller, über 100 Online-Aktivitäten, über 60 Live-Medienberichte, bis zu 157.403 Besuche verzeichnete die erste CHIC ONLINE vom 22. bis 24. April 2020.

Die aktuell weltweit schwierige wirtschaftliche Situation durch die Corona-Pandemie läßt die Unternehmen nach neuen Lösungsansätzen für ihre Geschäftsmöglichkeiten suchen.
CHIC, China International Fashion Fair, hat mit CHIC ONLINE, ihrer ersten digitalen Messe, an drei Tagen die Möglichkeit geboten, sich mit Entscheidern des chinesischen Modehandels zu vernetzen, sich auszutauschen und Ressourcen zu bündeln.

„Der Start der CHIC ONLINE ist ein historischer Tag für CHIC, die nach ihrer Gründung vor 28 Jahren hiermit zum ersten Mal online gegangen ist.“ Chen Dapeng, Präsident der China National Garment Association und CHIC, Vizepräsident der China Textile Industry Federation.

Mehr als 1.350 Hersteller haben ihre Angebote in die Online-Meeting-Räume von Tencent Meeting und Ding Talk hochgeladen und an den über 100 Online-Meeting-Aktivitäten von CHIC ONLINE teilgenommen. Die über Jahrzehnte gesammelten Ressourcen der CHIC, ihr Netzwerk und ihre Erfahrungen beim Informationsaustausch sind bei dem Event zum Tragen gekommen. CHIC ONLINE ist ein positiver Ansatz für die digitale Transformation der Messe und gleichzeitig ein pragmatischer Schritt die Geschäftskanäle und Ressourcen miteinander zu verknüpfen.

In dieser speziellen Zeit ist CHIC ONLINE für die gesamte chinesische Bekleidungsindustrie und ihre internationalen Teilnehmer kostenfrei geöffnet gewesen, als Unterstützungsmaßnahme der CHIC für Chinas Mode- und Lifestyle-Industrie.

Die Online-Messehalle unterteilte sich in die Segmente Men, Women, Impulses (Designer), KIDZ, Winter (Leder und Pelz, Daunen), CHIC YOUNG BLOOD (Streetwear), Tailoring (Bespoke), Accessoires, Taschen und Schuhe, Fashion Journey (internationale Marken) und Sourcing. Die Meeting-Räume waren klar nach Angebot und Nachfrage strukturiert, eine direkte Brücke für die Kommunikation in Echtzeit.
Alle Kanäle des chinesischen Handels waren bei CHIC ONLINE vertreten: E-Commerce Plattformen wie Tmall, Jingdong, VIP Shop, oder NetEase Yeaton (Chinas "Muji"), eine der beliebtesten Online-Plattformen in China und Biyao Shop - ursprünglich gegründet als Verkaufsplattform für Luxusprodukte direkt vom Hersteller zu günstigeren Preisen - mit mittlerweile 20 Millionen Abonnenten, über 80.000 Bestellungen täglich.

Department Stores wie die Wangfujing-Gruppe, Weifang Department Store Group, LiQun Gruppe nutzten CHIC ONLINE für die Suche nach neuen Marken genauso wie zahlreiche Multi-brand Boutiquen darunter HANATEBAKO Designer Brand Collection Store aus Qingdao, dessen Direktor Jiang Shixiang in der Angebotsvielfalt und Diversifikation der Kategorien die Zukunft der Offline-Stores im chinesischen Markt sieht. Besonders die Segmente Accessoires und Schuhe seien für die Boutiquen wichtige Themen.

Auch internationale Einkäufer nutzten die Messe für die Suche nach Produzenten, wie Social Cloud Co., Dont Give Up Co., und WHYNOTCo. aus Italien.

Kollektionen mit starkem Design, innovative und individuelle Produkte standen im Fokus der Kunden. Ein grundlegender Trend sind gestiegene Qualitätsanforderungen für alle Produktsegmente, auch für die Basisprodukte. Der Konsument wünscht sich qualitativ hochwertige Ware, Qualität vor Quantität. Das ist während der CHIC ONLINE von den Marktteilnehmern hervorgehoben worden.

Chen Dapeng resümiert: „Die digitale Premiere der CHIC ist bei allen Teilnehmern auf positive Resonanz gestoßen. Als verläßlicher Partner der Branche ist es CHICs Absicht und Zweck der Industrie und dem Handel pragmatische Unterstützung zu bieten. Wir sind überzeugt, dass Chinas Modeindustrie neu gestartet ist.“