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1022 results
10.03.2023

Indorama Ventures: FY22 financial performance

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Full-year Core EBITDA climbed 31% YoY to $2.3 billion as revenue rose 28% to a record $18.8 billion. The company recorded strong cash flows of $2.2 billion, up 111% YoY. Indorama Ventures’ geographically diversified, integrated platform, backed by management’s agility, withstood unprecedented global events to generate earnings through the business cycle. During the year, the company continued to focus on its growth plan, successfully integrating its strategic surfactants business in Latin America and Vietnamese packaging acquisition. A dedicated senior team is working tirelessly and is committed to the company’s ‘Vision 2030’ sustainability goals including recycling technologies and introducing biomass feedstock to the company’s product portfolio. The ongoing ‘Project Olympus’ cost transformation program delivered an annual run rate of $449 million in efficiencies.

The annual result was impacted by an unusually challenging final quarter as fears of a recession and reduced transit times led to widespread destocking by customers. 4Q22 Core EBITDA declined 43% YoY to $264 million on a 1% drop in revenue to $3.9 billion. The pandemic lockdown in China also continued into the final quarter, reducing factory demand across Indorama Ventures’ portfolio and resulting in narrower margins from lower prices and higher costs. Higher energy and utility costs impacted European operations as the war in Ukraine continued into the winter.

To improve competitiveness and build resilience, Indorama Ventures rationalized underperforming assets in the Fibers business in Europe and a PTA site in Asia, resulting in a $7 million cash impairment in 4Q22 and a $253 million non-cash impact. As a result, the company looks forward to a $38 million uplift in EBITDA in 2023, reaching up to $65 million by 2025.

Source:

Indorama Ventures Public Company Limited

10.03.2023

Lenzing Group: Difficult market environment and strategic success in 2022

  • Revenue rose to EUR 2.57 bn, while EBITDA declined to EUR 241.9 mn
  • Implementation of EUR 70 mn cost reduction program proceeding according to plan
  • Largest investment program in the company’s history including the lyocell plant in Thailand and the pulp mill in Brazil implemented on time and within budget
  • Outlook: Lenzing expects EBITDA in 2023 to be in a range of EUR 320 mn to EUR 420 mn

The Lenzing Group was increasingly affected by extreme developments on the global energy and raw material markets in the 2022 financial year, in tandem with most of manufacturing industry in Europe. The market environment also deteriorated significantly in the third and fourth quarters, while worsening consumer sentiment placed an additional burden on Lenzing’s business growth.

  • Revenue rose to EUR 2.57 bn, while EBITDA declined to EUR 241.9 mn
  • Implementation of EUR 70 mn cost reduction program proceeding according to plan
  • Largest investment program in the company’s history including the lyocell plant in Thailand and the pulp mill in Brazil implemented on time and within budget
  • Outlook: Lenzing expects EBITDA in 2023 to be in a range of EUR 320 mn to EUR 420 mn

The Lenzing Group was increasingly affected by extreme developments on the global energy and raw material markets in the 2022 financial year, in tandem with most of manufacturing industry in Europe. The market environment also deteriorated significantly in the third and fourth quarters, while worsening consumer sentiment placed an additional burden on Lenzing’s business growth.

In the year under review, revenue increased by 16.9 percent year-on-year to reach EUR 2.57 bn, primarily as a result of higher fiber prices. The quantity of fiber sold decreased, while the quantity of pulp sold rose. In addition to lower demand, the earnings trend particularly reflects the increase in energy and raw material costs. Earnings before interest, tax, depreciation and amortization (EBITDA) decreased by 33.3 percent year-on-year to EUR 241.9 mn in 2022. The net result for the year was minus EUR 37.2 mn (compared with EUR 127.7 mn in the 2021 financial year), while earnings per share stood at minus EUR 2.75 (compared with EUR 4.16 in the 2021 financial year).

Outlook
The war in Ukraine and the tighter monetary policy pursued by many central banks to combat inflation will continue to exert pressure on the global economy. The easing of China’s zero-Covid policy could lead to an unexpectedly rapid recovery. However, the IMF has warned that risks remain high overall and projects growth of 2.9 percent in 2023. Exchange rate volatility looks set to continue in regions that are important to Lenzing.

These challenging market conditions are also continuing to weigh on consumer confidence and sentiment in the sectors relevant to Lenzing. The outlook has improved slightly of late, with inventory levels returning to normal across the value chain. Nonetheless, subdued demand remains a source of concern for market players.

Inventories in the bellwether cotton market have diminished recently, although they remain above pre-pandemic levels. A decline in crops is foreseeable in the current 2022/2023 harvest season. The sharp rise in prices on the energy and raw material markets will continue to pose significant challenges for the market.

Overall, earnings visibility remains restricted.

In structural terms, Lenzing expects a continued rise in demand for environmentally friendly fibers in the textile and clothing industry, as well as in the hygiene and medical sectors. Thus, with its “Better Growth” strategy, Lenzing is very well positioned and will continue to drive growth in specialty products, while pursuing its sustainability targets including the transformation from a linear to a circular economy model.

In light of these factors and assuming a further market recovery in the current financial year, the Lenzing Group expects EBITDA in 2023 to be in a range of EUR 320 mn to EUR 420 mn.

Source:

Lenzing AG

09.03.2023

Rieter AG closes financial year 2022 with record sales

  • Sales of CHF 1 510.9 million,
  • Order intake of CHF 1 157.3 million in 2022; order backlog of around CHF 1 540 million as of December 31, 2022
  • EBIT margin of 2.1%
  • Implementation of action plan to increase profitability ongoing
  • Dividend of CHF 1.50 per share proposed

With record sales of CHF 1 510.9 million, Rieter achieved an increase of 56% compared with the previous year (2021: CHF 969.2 million). In the second half of 2022, especially in the fourth quarter, the measures introduced to address material bottlenecks had a positive impact. Consequently, sales increased to CHF 890.3 million compared with the first six months (first half-year 2022: CHF 620.6 million).

  • Sales of CHF 1 510.9 million,
  • Order intake of CHF 1 157.3 million in 2022; order backlog of around CHF 1 540 million as of December 31, 2022
  • EBIT margin of 2.1%
  • Implementation of action plan to increase profitability ongoing
  • Dividend of CHF 1.50 per share proposed

With record sales of CHF 1 510.9 million, Rieter achieved an increase of 56% compared with the previous year (2021: CHF 969.2 million). In the second half of 2022, especially in the fourth quarter, the measures introduced to address material bottlenecks had a positive impact. Consequently, sales increased to CHF 890.3 million compared with the first six months (first half-year 2022: CHF 620.6 million).

Order intake was CHF 1 157.3 million in 2022 (2021: CHF 2 225.7 million) and thus remained at a high level thanks to the company’s technological lead and broad international presence. The market situation, especially in the second half of 2022, was characterized by investment restraint and below-average capacity utilization at spinning mills due to geopolitical uncertainties, rising financing costs, and consumer reticence in important markets.
The company had an order backlog of around CHF 1 540 million at the end of 2022, which thus extends into 2023 and 2024.

The profit at the EBIT level in the 2022 financial year was CHF 32.2 million (2021: CHF 47.6 million). The result was strongly influenced by substantial cost increases, which could only be offset in part through price increases or other remedial measures. In addition, to compensate for material shortages, expenses were incurred in connection with the development of alternative solutions, and in relation to the acquired businesses.

Completion of the Acquisition
Rieter consolidated the acquired automatic winding machine business with effect from April 1, 2022. This acquisition completes Rieter’s system offering in the largest market segment of ring and compact spinning, thus significantly strengthening the company’s market position.

Action Plan to Increase Profitability
Implementation of the action plan to increase profitability is ongoing. With regard to the margins for the order backlog, which remains high, the already implemented price increases in combination with a positive trend in costs, particularly in logistics, are having a favorable impact. In addition, progress was made in eliminating material bottlenecks and reducing expenses for the three acquired businesses.

Dividend
The Board of Directors proposes to the shareholders the distribution of a dividend of CHF 1.50 per share for 2022. This corresponds to a payout ratio of 56%.

Outlook
For the coming months, Rieter expects below-average demand for new equipment at first, with a revival expected in the second half of 2023 after ITMA, the leading trade fair in Milan (Italy). Rieter also believes that demand for consumables, wear & tear and spare parts will recover during 2023.
For the 2023 financial year, due to the high order backlog, Rieter anticipates sales in the order of magnitude of the previous year.
The realization of sales from the order backlog continues to be associated with risks in connection with the ongoing geopolitical uncertainties, rising financing costs, continuing bottlenecks in the supply chains, and possible, currently unforeseeable consequences of the earthquake in Türkiye in February 2023. Despite the price increases already implemented, further global cost increases continue to pose a risk to the growth of profitability. Rieter will specify the outlook in the 2023 semi-annual report.

Source:

Rieter Holding AG

Graphic Carbios
02.03.2023

Carbios doubles number of granted patents in two years

  • At end 2022, Carbios has 336 titles worldwide divided into 53 patent families for its innovation in enzymatic recycling of PET plastics and fibers, and its PLA biodegradation technology
  • Carbios’ team of Intellectual Property experts is dedicated to protecting its innovations

 
Carbios has doubled its number of issued patents since the last review published at the end of 2020. Carbios (and its subsidiary Carbiolice) currently holds 336 titles worldwide divided into 53 patent families.  In 2022, several titles protecting the proprietary PET-degrading enzymes were granted in countries of interest such as the United States and also in Asian countries including Indonesia, South Korea, China, Japan and India.  Carbios has also obtained grants within its patent families protecting the biodegradable plastics production process, notably the masterbatch containing the enzyme or its production process.
 
Carbios is expanding its intellectual property portfolio in regions and countries where there is strong demand for its disruptive technologies, notably :

  • At end 2022, Carbios has 336 titles worldwide divided into 53 patent families for its innovation in enzymatic recycling of PET plastics and fibers, and its PLA biodegradation technology
  • Carbios’ team of Intellectual Property experts is dedicated to protecting its innovations

 
Carbios has doubled its number of issued patents since the last review published at the end of 2020. Carbios (and its subsidiary Carbiolice) currently holds 336 titles worldwide divided into 53 patent families.  In 2022, several titles protecting the proprietary PET-degrading enzymes were granted in countries of interest such as the United States and also in Asian countries including Indonesia, South Korea, China, Japan and India.  Carbios has also obtained grants within its patent families protecting the biodegradable plastics production process, notably the masterbatch containing the enzyme or its production process.
 
Carbios is expanding its intellectual property portfolio in regions and countries where there is strong demand for its disruptive technologies, notably :

  • in Europe: 40 European titles, which could be granted in the 39 member states of the European Patent Organization
  • in North America: 41 titles in the United States and 23 in Canada
  • in Asia: 152 titles, including 37 in China, 27 in Japan and 24 in India

Carbios also has 14 patent applications that may be extended to other countries or regions of the world in the coming years.

“Over the past two years, we have mainly focused on strengthening the protection of our PET biorecycling process and its proprietary enzymes,” commented Lise LUCCHESI, Director of Intellectual Property at Carbios. “For the coming years, we will continue to consolidate the protection of this process, and that of our PLA biodegradation process, by filing new patent applications. We will also actively follow up on our filed patent applications in order to obtain granted patents.”
 
“Since the beginning of Carbios, the R&D and Intellectual Property departments have worked hand in hand to ensure maximum protection of our enzymes and processes,” commented Alain Marty, Chief Scientific Officer at Carbios.  “These continued efforts to obtain extensive international protection are crucial to safeguard our innovations and ensure the industrial deployment of our technologies.”

 

02.03.2023

Hohenstein expands testing portfolio beyond textiles

  • Acquisition of QAT Services Limited laboratory in Hong Kong

On 01.03.2023 Hohenstein takes over the DAkkS accredited QAT Services Limited laboratory.  With this acquisition, the internationally recognized testing service provider is integrating the hardgoods knowledge of QATS employees into the Hohenstein portfolio.  As a result, Hohenstein will provide full-service capabilities for Greater China and beyond.

"The expansion is a strategically important step for Hohenstein,” emphasizes Prof. Mecheels, owner and CEO of Hohenstein.  "We are expanding our testing spectrum beyond the textile industry, in which we have been an established service provider for decades – and thus ensure both safe products and secure jobs."  From now on, Hohenstein will also be testing food contact material, furniture, toys and much more.  Hohenstein China Managing Director Christopher Au is also convinced: "With this step, Hohenstein is setting an important focus and strengthening its position for international customers."

 

  • Acquisition of QAT Services Limited laboratory in Hong Kong

On 01.03.2023 Hohenstein takes over the DAkkS accredited QAT Services Limited laboratory.  With this acquisition, the internationally recognized testing service provider is integrating the hardgoods knowledge of QATS employees into the Hohenstein portfolio.  As a result, Hohenstein will provide full-service capabilities for Greater China and beyond.

"The expansion is a strategically important step for Hohenstein,” emphasizes Prof. Mecheels, owner and CEO of Hohenstein.  "We are expanding our testing spectrum beyond the textile industry, in which we have been an established service provider for decades – and thus ensure both safe products and secure jobs."  From now on, Hohenstein will also be testing food contact material, furniture, toys and much more.  Hohenstein China Managing Director Christopher Au is also convinced: "With this step, Hohenstein is setting an important focus and strengthening its position for international customers."

 

More information:
Textilinstitut Hohenstein
Source:

Hohenstein Laboratories GmbH & Co. KG

22.02.2023

Rieter: First information on the financial year 2022

  • Sales of CHF 890.3 million in second half-year 2022
  • EBIT margin of around 2% expected for full year 2022
  • Order intake of CHF 1 157.3 million in 2022; order backlog of around CHF 1 540 million as of December 31, 2022
  • Preparations for ITMA 2023 on schedule
  • Implementation of action plan to increase sales and profitability ongoing
  • Rieter site sales process on schedule

For Rieter, in addition to the geopolitical uncertainties, the 2022 financial year was characterized by three main challenges:
Due to the rapid rise in inflation, the exceptionally high order backlog of around CHF 1 840 million at the beginning of 2022 was processed at significantly higher costs. It was only possible to offset these higher costs in part by means of price increases and other remedial measures.

In order to safeguard deliveries, it was necessary to compensate for serious material bottlenecks, particularly in electronic components, which resulted in considerable additional development expenditure.

  • Sales of CHF 890.3 million in second half-year 2022
  • EBIT margin of around 2% expected for full year 2022
  • Order intake of CHF 1 157.3 million in 2022; order backlog of around CHF 1 540 million as of December 31, 2022
  • Preparations for ITMA 2023 on schedule
  • Implementation of action plan to increase sales and profitability ongoing
  • Rieter site sales process on schedule

For Rieter, in addition to the geopolitical uncertainties, the 2022 financial year was characterized by three main challenges:
Due to the rapid rise in inflation, the exceptionally high order backlog of around CHF 1 840 million at the beginning of 2022 was processed at significantly higher costs. It was only possible to offset these higher costs in part by means of price increases and other remedial measures.

In order to safeguard deliveries, it was necessary to compensate for serious material bottlenecks, particularly in electronic components, which resulted in considerable additional development expenditure.

Major expenses were also incurred in connection with the acquired businesses (Accotex, Temco and Winder).

Sales
The realization of sales from the exceptionally high order backlog developed better than expected. With sales of CHF 1 510.9 million, Rieter achieved an increase of 56% compared with the previous year (2021: CHF 969.2 million). In the second half of 2022, especially in the fourth quarter, the measures introduced to address material bottlenecks had a positive impact. Consequently, sales increased to CHF 890.3 million compared with the first six months (first half-year 2022: CHF 620.6 million).

EBIT margin
The trend in the EBIT margin was strongly influenced by substantial cost increases, which could only be offset in part through price increases and other remedial measures. In addition, to compensate for material shortages, expenses were incurred in connection with the development of alternative solutions and the acquired businesses.

Rieter succeeded in improving profitability compared with the first half of 2022 due to the higher sales volume and offsetting measures to compensate for increased costs, and expects a positive EBIT margin of around 2% for the full year 2022 (2021: 4.9%).

Order intake
In line with expectations, the order intake of CHF 1 157.3 million in 2022 was below the record year of 2021 (CHF 2 225.7 million). The market situation is characterized by investment restraint due to geopolitical uncertainties, higher financing costs and consumer reticence in important markets.

Order backlog
The company had an order backlog of around CHF 1 540 million at the end of 2022, which thus extends well into 2023 and 2024. In 2022, Rieter recorded order cancellations of less than 10% of the order backlog of CHF 1 840 million at the beginning of the year.

Preparations for ITMA 2023 on schedule
Rieter has continued to boost its innovative capability and, in order to further extend its technology leadership, will present new innovative solutions at ITMA 2023 in Milan.

Action plan to increase sales and profitability
Implementation of the action plan to increase sales and profitability is ongoing. With regard to the profitability of the order backlog, which remains high, the implemented price increases in combination with a favorable trend in costs, particularly in logistics, are having an impact. In addition, progress was made in eliminating material bottlenecks and reducing expenses for the three acquired businesses.

Rieter site sales process
The sales process for the remaining land at the Rieter site in Winterthur (Switzerland) is proceeding according to plan. In total, around 75 000 m2 of land will be sold. The Rieter CAMPUS is not part of this transaction.

Results press conference 2023
Rieter will provide further details on the 2022 financial year and an outlook for the 2023 financial year on March 9, 2023.

More information:
Rieter financial year 2022
Source:

Rieter Holding AG

22.02.2023

Italian Textile Machinery Manufacturers at INDEX 2023

INDEX, a leading nonwovens exhibition, will take place in Geneva. About 90 Italian exhibitors will be present at this edition, including over 40 machinery manufacturers. As in past editions, ITA – Italian Trade Agengy, in cooperation with ACIMIT, the Association of Italian Textile Machinery Manufacturers, has organized an exhibition space reserved for companies manufacturing machinery for the sector. There will be 12 exhibiting companies in the Italian pavilion. Of these, the ACIMIT members are: Bematic, Bombi, Bonino, Dell’Orco & Villani, Ferraro, Loptex, Ommi, Rf Systems, Texera, Zappa Macchine. Other ACIMIT member companies will exhibit fair with their own booths.

The nonwovens sector has grown significantly in recent years. According to EDANA, the association grouping European companies operating in the sector, after the impressive growth in the previous year, the production volume of nonwovens grew by 2% in 2021, exceeding 3 million tonnes.

INDEX, a leading nonwovens exhibition, will take place in Geneva. About 90 Italian exhibitors will be present at this edition, including over 40 machinery manufacturers. As in past editions, ITA – Italian Trade Agengy, in cooperation with ACIMIT, the Association of Italian Textile Machinery Manufacturers, has organized an exhibition space reserved for companies manufacturing machinery for the sector. There will be 12 exhibiting companies in the Italian pavilion. Of these, the ACIMIT members are: Bematic, Bombi, Bonino, Dell’Orco & Villani, Ferraro, Loptex, Ommi, Rf Systems, Texera, Zappa Macchine. Other ACIMIT member companies will exhibit fair with their own booths.

The nonwovens sector has grown significantly in recent years. According to EDANA, the association grouping European companies operating in the sector, after the impressive growth in the previous year, the production volume of nonwovens grew by 2% in 2021, exceeding 3 million tonnes.

“The growth in nonwovens production has also driven the demand of machinery for nonwovens, comments Alessandro Zucchi, president of ACIMIT. The Italian technological supply has consequently expanded. At the 2023 INDEX edition, the presence of a significant number of Italian machinery manufacturers testifies their desire to play a leading role also in the production of machinery for nonwovens”.

The trend of Italian exports testifies the strong increase in production of nonwovens machinery. Indeed in 2021 Italian sales abroad reached a value of 102 million euro (+77% over the previous year) and in the first nine months of 2022, the value of Italian exports stood at 92 million euro.

Source:

Acimit

(c) Global Fashion Agenda
17.02.2023

Global Fashion Summit: Copenhagen Edition 2023 takes place in June

Global Fashion Summit, a leading international forum for sustainability in fashion, will convene core stakeholders across the fashion ecosystem and parallel industries to drive tangible action on social and environmental sustainability. The Summit is presented by Global Fashion Agenda (GFA). GFA is a non-profit organisation that is accelerating the transition to a net positive fashion industry, under the patronage of HRH The Crown Princess of Denmark. Global Fashion Summit: Copenhagen Edition 2023 will take place on 27-28 June in Copenhagen, Denmark.

The theme of Global Fashion Summit: Copenhagen Edition 2023 is ‘Ambition to Action’. Under this premise, the Summit will present content experiences focused on tangible impact.

Global Fashion Summit, a leading international forum for sustainability in fashion, will convene core stakeholders across the fashion ecosystem and parallel industries to drive tangible action on social and environmental sustainability. The Summit is presented by Global Fashion Agenda (GFA). GFA is a non-profit organisation that is accelerating the transition to a net positive fashion industry, under the patronage of HRH The Crown Princess of Denmark. Global Fashion Summit: Copenhagen Edition 2023 will take place on 27-28 June in Copenhagen, Denmark.

The theme of Global Fashion Summit: Copenhagen Edition 2023 is ‘Ambition to Action’. Under this premise, the Summit will present content experiences focused on tangible impact.

The theme will underly all elements of the Summit and Main Stage speakers will showcase inspiring thought leadership for accelerated change by exploring a matrix of interconnected topics. The 2023 Copenhagen Edition will build on more than a decade’s worth of Summit guidance and outcomes by dedicating even more focus towards action-oriented workshops and case studies. Through these formats, the forum will demonstrate tangible learnings and concrete recommendations that can help drive implementation.
 
The forum will also host strategic roundtable meetings with the aim to mobilise industry leaders to build alliances with solution providers, policy makers, investors and other industry stakeholders and implement immediate solutions. Such alliances can set in motion progress towards a net positive industry. With upcoming policy expected to influence the fashion industry even further this year, the Summit will shed light on the ongoing pieces of legislation currently under discussion both within the EU and worldwide.

This year’s Global Fashion Summit: Copenhagen Edition is supported by Principal Sponsor, Maersk. A globally renowned leader in logistics that aims to deliver a more connected, agile and sustainable future for global logistics. Maersk will support the Summit's agenda to accelerate industry transformation by highlighting how logistics can help the fashion and lifestyle industry in reaching their sustainability goals.

Additionally, the Innovation Forum will present a curated exhibition of other leading sustainable solutions. Summit attendees can meet with exhibitors covering the entire value chain – from innovative materials to end-of-use solutions. Innovation Forum Matchmaking will enable small and large fashion businesses to advance their sustainability journey, by providing the unique opportunity to be matched with relevant solution providers. 

17.02.2023

Haelixa: Traceability of wool fibers up to the final fabric

The Woolmark Company, the Italian wool fabric mill Vitale Barberis Canonico (VBC) and Haelixa took part in a trial to trace Australian wool fibers up to the final fabric.

Funded by Australian woolgrowers, The Woolmark Company (TWC) is an enterprise that focuses on investments that enhance the profitability, international competitiveness, and sustainability of Australian wool. In their operations, TWC seeks to be transparent and accountable. In line with this strategy, traceability is necessary to ensure transparency and maintain the credibility of TWC.

In December 2021, Haelixa marked wool fibers with their DNA tracing solution. There are infinite DNA markers that could be produced and used to indicate a specific origin, supply chain, material, or particular collection. In this case, a single DNA has been applied to greasy wool and a second DNA marker to scoured wool. The first DNA identifies the origin of the Australian wool, while the second determines the manufacturer where the wool has been further processed; at Vitale Barberis Canonico mill.

The Woolmark Company, the Italian wool fabric mill Vitale Barberis Canonico (VBC) and Haelixa took part in a trial to trace Australian wool fibers up to the final fabric.

Funded by Australian woolgrowers, The Woolmark Company (TWC) is an enterprise that focuses on investments that enhance the profitability, international competitiveness, and sustainability of Australian wool. In their operations, TWC seeks to be transparent and accountable. In line with this strategy, traceability is necessary to ensure transparency and maintain the credibility of TWC.

In December 2021, Haelixa marked wool fibers with their DNA tracing solution. There are infinite DNA markers that could be produced and used to indicate a specific origin, supply chain, material, or particular collection. In this case, a single DNA has been applied to greasy wool and a second DNA marker to scoured wool. The first DNA identifies the origin of the Australian wool, while the second determines the manufacturer where the wool has been further processed; at Vitale Barberis Canonico mill.

Samples were collected from various production stages, where a qPCR test was used to detect each specific DNA marker. Haelixa uses a “Key-Lock” system to detect a marker; one needs to know the particular DNA to screen for, ensuring that the system is tamper-proof. The DNA markers stay safely embedded in the product, enabling traceability of greasy and scoured wool up to greige fabric and finished fabric, respectively.

With increasing cost pressure and competition in the wool fabric market, traceability is becoming a prerequisite to proving authenticity and origin. TWC and Vitale Barberis Canonico support the culture of sustainability and collaboration.

Source:

Haelixa AG

(c) Carbios
15.02.2023

Carbios: Four new Board members to strengthen international expertise

  • Carbios strengthens its Board of Directors with the appointments of Prof. Karine AUCLAIR, Sandrine CONSEILLER, Amandine DE SOUZA and Mateus SCHREINER GARCEZ LOPES
  • Carbios has reached its CSR objective of 60% independent directors ahead of 2024 target date, and has increased its female representation

Carbios‘four new members to its Board of Directors:  Prof. Karine AUCLAIR, professor of Chemistry at McGill University, Sandrine CONSEILLER, former CEO of Aigle, Amandine DE SOUZA, General Manager of LE BHV MARAIS, Eataly and Home, DIY and Leisure Purchasing at Galeries Lafayette Group, and Mateus SCHREINER GARCEZ LOPES, Global Director for Energy Transition and Investments at Raizen, have all been appointed members of Carbios’ Board of Directors.  In the new structure, Prof. Karine AUCLAIR succeeds Jacqueline LECOURTIER, Sandrine CONSEILLER succeeds Jean FALGOUX, Amandine DE SOUZA succeeds Alain CHEVALLIER, and Mateus SCHREINER GARCEZ LOPES succeeds Jean-Claude LUMARET.

  • Carbios strengthens its Board of Directors with the appointments of Prof. Karine AUCLAIR, Sandrine CONSEILLER, Amandine DE SOUZA and Mateus SCHREINER GARCEZ LOPES
  • Carbios has reached its CSR objective of 60% independent directors ahead of 2024 target date, and has increased its female representation

Carbios‘four new members to its Board of Directors:  Prof. Karine AUCLAIR, professor of Chemistry at McGill University, Sandrine CONSEILLER, former CEO of Aigle, Amandine DE SOUZA, General Manager of LE BHV MARAIS, Eataly and Home, DIY and Leisure Purchasing at Galeries Lafayette Group, and Mateus SCHREINER GARCEZ LOPES, Global Director for Energy Transition and Investments at Raizen, have all been appointed members of Carbios’ Board of Directors.  In the new structure, Prof. Karine AUCLAIR succeeds Jacqueline LECOURTIER, Sandrine CONSEILLER succeeds Jean FALGOUX, Amandine DE SOUZA succeeds Alain CHEVALLIER, and Mateus SCHREINER GARCEZ LOPES succeeds Jean-Claude LUMARET.

Three of the new members have strong, proven expertise in various industries covering fashion, retail and energy, as well as business development and senior executive management in high-growth markets and sectors around the world.  The new scientific expertise will also help enhance and advance Carbios’ research into biological solutions for the life cycle of plastics and textiles.  In addition, a sensitivity to CSR issues and proven results in this field was also a key selection factor to join the Board.  The new members’ combined strategic vision, solid industry experience and CSR commitments will support Carbios in its industrial and commercial plans.
 
Prof. Karine AUCLAIR is Professor of Chemistry at McGill University and holds the Tier 1 Canada Research Chair in Antimicrobials and Green Enzymes.  She has received numerous awards over the years, including the Clara Benson Award of the Canadian Society of Chemistry, the McGill Tomlinson Professorship, the Leo Yaffe Teaching Award, and the McGill Fessenden Professorship, to name a few. She is an internationally recognized bioorganic chemist with significant scientific contributions to the fields of antimicrobial resistance, biocatalysis and enzymology. Her research led to several patents notably in the clean enzymatic depolymerization of untreated, high crystallinity PET plastics for closed-loop recycling.  Her work has been published in nearly 100 peer-reviewed publications in high-impact journals, and often highlighted by the media.  As a recognized leader in her field, she is often invited to speak at industrial and academic conferences around the world, and to review theses and grant applications for worldwide institutions.
 
Sandrine CONSEILLER is former Chief Executive Officer of Aigle (the emblematic French brand committed to sustainable fashion).  Prior to joining Aigle, Sandrine was Group Marketing & Branding Executive Vice-President at Lacoste (another historic French fashion brand) from 2011 to 2015.  She contributed to the Lacoste maison turnaround with strong growth and numerous professional awards including several Cannes Lions Awards.  She was also Member of the Executive Board.  Sandrine began her career at Unilever and spent 20 years leading global businesses within various divisions, mainly in Personal Care, in Latin America, Europe, and Asia.  Sandrine is also Member of the Board of Phildar (the iconic French knitwear brand), Member of the Board of Raise Sherpa (the first philantropic endowment fund dedicated to start-ups) and is a funding partner of NEO FOUNDERS (a venture fund mentoring impact start-ups).
 
Amandine DE SOUZA is General Manager of LE BHV MARAIS (French retail, decoration and fashion department stores), Eataly (an Italian gastronomy concept franchise) and Home, DIY and Leisure Purchasing at Galeries Lafayette Group since 2018.  She has been a Member of its Executive Committee since 2020.  Amandine has 17 years’ experience in different types of companies of various sizes: from family business, to start-up,  and multinational.  She was General Manager for France at Westwing (an e-commerce start-up) from 2015 to 2018.  From 2009 to 2015, she was International Merchandise Director at Casino Group (food and non-food retail distribution).  Prior to this, she worked as a strategic consultant at Bain & Company within their Distribution and Consumer Goods Division in France and internationally.
 
Mateus SCHREINER GARCEZ LOPES is Global Director for Energy Transition and Investments at Raizen (global leader in bioenergy from Brazil), leading technology, new business development and intellectual property at the company.  He was previously Global Manager for Innovation and Business Development in Renewable Chemicals at Braskem (the largest producer of thermoplastic resins in the Americas and the world’s largest producer of biopolymers).  Before his transition to the corporate world, Mateus held several researcher and lecturer positions on Synthetic Biology and metabolic Engineering at Universities in Mexico, Germany, United States and Brazil.  He is also a Board Member of Iogen Energy Corporation, Vice-Chairman of the Board of the Brazilian Association of Bio Innovation, and Advisory Committee Member from the MIT Energy Initiative.

More information:
Carbios
Source:

Carbios

(c) Perstorp
15.02.2023

Perstorp: Reduction targets for water and waste

Sustainable solutions provider Perstorp has added new corporate sustainability targets, for water and waste, to its sustainability strategy. Its long-term sustainability ambition is to become Finite Material Neutral, which involves water and waste, along with raw materials, energy and catalysts. In 2021 the company set its first 2030 targets, for greenhouse gas emissions (using approved science-based targets) and (eco) toxic impact. Now Perstorp has added new sustainability targets that will address its long-term ambition.

These new 2030 corporate targets (all measured using 2019 as the base year) are:

Sustainable solutions provider Perstorp has added new corporate sustainability targets, for water and waste, to its sustainability strategy. Its long-term sustainability ambition is to become Finite Material Neutral, which involves water and waste, along with raw materials, energy and catalysts. In 2021 the company set its first 2030 targets, for greenhouse gas emissions (using approved science-based targets) and (eco) toxic impact. Now Perstorp has added new sustainability targets that will address its long-term ambition.

These new 2030 corporate targets (all measured using 2019 as the base year) are:

  • 30% absolute reduction of freshwater consumption
  • 30% absolute reduction of hazardous waste directed to disposal
  • 30% absolute reduction of non-hazardous waste directed to disposal

"Fresh water consumption and waste are two areas of big importance in reducing our environmental impact and working toward increased circularity," says Anna Berggren, Vice President Sustainability at Perstorp Group. "Fresh water scarcity is already a fact around the world, and we have a responsibility to reduce our consumption and utilize alternative water sources. We must also minimize waste generation and find new circular solutions of reusing and recycling the waste streams into new products, either ourselves or so that a third party can use them as raw material. We have set ambitious and absolute sustainability targets, that are to be achieved regardless of production growth. To be able to reach these targets we have several large projects planned that will contribute significantly."

All Perstorp production plants use water for multiple purposes, including, for example: for cooling, as a solvent for chemical reactions, as a carrier for products, and as a heat-transfer medium. One way to reduce fresh water consumption is to purify and recycle wastewater. Perstorp sees this as an important core technology and is planning to invest in wastewater recycling projects at several of its production sites.

A key to reducing waste directed to disposal is to develop circular solutions that use waste streams as raw materials for new products. One example is Project Air, in which captured carbon dioxide together with residue streams from Perstorp's production plant in Stenungsund, Sweden, will serve as raw material for production of sustainable methanol that will replace all the virgin fossil methanol used by Perstorp in Europe.

13.02.2023

CELLIANT cleared to market in 50+ countries

  • Registered in majority as a class 1 medical device  

CELLIANT -  a performance textile that converts body heat into infrared energy - is designated as a Class 1 Medical Device in Australia, Canada, the EU and European Economic Area (EEA), Japan, New Zealand, the United Arab Emirates, the United Kingdom and the United States. CELLIANT is cleared to market in China, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Russia, Saudi Arabia, Singapore, South Africa, Taiwan, Thailand and Vietnam, with more countries and regions to follow.

  • Registered in majority as a class 1 medical device  

CELLIANT -  a performance textile that converts body heat into infrared energy - is designated as a Class 1 Medical Device in Australia, Canada, the EU and European Economic Area (EEA), Japan, New Zealand, the United Arab Emirates, the United Kingdom and the United States. CELLIANT is cleared to market in China, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Russia, Saudi Arabia, Singapore, South Africa, Taiwan, Thailand and Vietnam, with more countries and regions to follow.

In 2017, the FDA determined that products containing CELLIANT are medical devices as defined in section 201(h) of the Federal Food, Drug and Cosmetic Act and are general wellness products because they are intended to temporarily increase blood flow and local circulation at the site of the application in healthy individuals.
 
At Hologenix®, whose CELLIANT® infrared technology is an ingredient in world-class brands across many categories, science matters. The company has a distinguished Science Advisory Board composed of experts in the fields of photobiology, nanotechnology, sleep medicine, diabetes and wound care. The Science Advisory Board has overseen nine peer-reviewed published studies that collectively demonstrate CELLIANT’s effectiveness and the benefits of infrared energy. This claim set provides the basis for products containing CELLIANT to be designated as a Class 1 Medical Device in 38 countries and cleared to market in 15, with more countries and regions to follow. This elevated status in 53 countries translates to CELLIANT being an ideal partner for global companies who are seeking innovation in textiles to distinguish their products.   

“We have laid the groundwork for our partner brands to capitalize on the benefits of our infrared technology and to enhance their ability to do business,” said Seth Casden, Hologenix co-founder and CEO.  “We firmly believe that regulatory status matters and that is why we have grown the number of countries we have such relationships with by over a third in the last three years. It is definitely a competitive advantage of our company and CELLIANT.”

“Globally, the awareness of the benefits of infrared textiles, which absorb body heat and reflect it back as therapeutic infrared energy, has grown exponentially over the last 10 years,” continued Casden. “And in the United States infrared is gaining a strong foothold.”

Source:

Hologenix

(c) Löffler
The EC300-S collarette cutter
10.02.2023

TMAS: Svegea installs Collarette Cutter at Löffler

Svegea of Sweden – a member of TMAS, the Swedish Textile Machinery Association – has recently installed an EC300-S collarette cutter for the high speed production of tubular apparel components as well as an FA350 automatic roll slitter at the plant of Löffler, in Ried im Innkreis, Austria.

The EC 300-S collarette cutter is equipped with the computer-controlled True-Drive II and high pre-feed device, which is used by garment manufacturers around the world for the production of tubular apparel components such as cuff and neck tapes and other seam reinforcements. It operates at speeds of up to 20,000 metres per hour. The integrated, fully automatic FA350 roll slitter FA500 roll slitter is equipped with three separately adjustable settings enabling three different band widths to be cut within the same cutting cycle. Automatic tube sewing units are provided for sewn tubes in optional rolled or flat folded forms, depending on customer preference.

Svegea of Sweden – a member of TMAS, the Swedish Textile Machinery Association – has recently installed an EC300-S collarette cutter for the high speed production of tubular apparel components as well as an FA350 automatic roll slitter at the plant of Löffler, in Ried im Innkreis, Austria.

The EC 300-S collarette cutter is equipped with the computer-controlled True-Drive II and high pre-feed device, which is used by garment manufacturers around the world for the production of tubular apparel components such as cuff and neck tapes and other seam reinforcements. It operates at speeds of up to 20,000 metres per hour. The integrated, fully automatic FA350 roll slitter FA500 roll slitter is equipped with three separately adjustable settings enabling three different band widths to be cut within the same cutting cycle. Automatic tube sewing units are provided for sewn tubes in optional rolled or flat folded forms, depending on customer preference.

Sports and knitwear specialist Löffler is celebrating its 50th anniversary in 2023. Its plant in Ried houses 25 circular knitting machines and three seamless knitting machines with an annual output of around 905,000 square metres of fabric, and in addition to product development, design, cutting and some sewing are all carried out in-house.

Löffler is known for its transtex under garments, which ushered in the two-layer principle of structures combining hydrophobic polypropylene and other fibres like cotton, Modal, Tencel or merino wool.

Before transtex, endurance athletes usually wore pure cotton underwear next to their skin, which became wet over time and cooled the body down. Löffler’s two-layer fabric prevented this, since the polypropylene does not absorb moisture and instead wicks it to the outside, where it can evaporate to keep the skin dry.

Innovation has been ongoing ever since, and in December, Löffler received an ISPO Award 2022 for transtex Retr’x – its latest functional underwear made from recycled polypropylene from textile waste and a combination of recycled and GOTS-certified organic cotton. Transtex Retr’x is neither dyed or bleached and is Standard 100 by Oeko-Tex as well as Made In Green by Oeko-Tex approved.

In addition to its own branded products, the plant makes sports garments for sister company Fischer, which is also based in Ried, and is at the same time involved in significant government tender projects, including the supply of polo shirts for the Austrian Red Cross and for the German and Austrian police forces. Combined, Löffler and Fischer employ approximately 700 people in the region of Upper Austria.

Source:

TMAS by AWOL Media

08.02.2023

NCTO: US Vice President Kamala Harris announces investments for industry

The National Council of Textile Organizations (NCTO), representing the full spectrum of the U.S. textile industry from fibers through finished sewn products, welcomed Vice President Kamala Harris’ announcement of $585 million in new textile and apparel investments and sourcing commitments in Central America.

“Over the past year, well over $1 billion of new textile and apparel investments have been announced in Central America and the United States,” said NCTO President and CEO Kim Glas.  “The $585 million of investments and sourcing commitments announced today in the region will continue to build on the strong momentum of growth of nearshoring and onshoring these critical supply chains.”

The National Council of Textile Organizations (NCTO), representing the full spectrum of the U.S. textile industry from fibers through finished sewn products, welcomed Vice President Kamala Harris’ announcement of $585 million in new textile and apparel investments and sourcing commitments in Central America.

“Over the past year, well over $1 billion of new textile and apparel investments have been announced in Central America and the United States,” said NCTO President and CEO Kim Glas.  “The $585 million of investments and sourcing commitments announced today in the region will continue to build on the strong momentum of growth of nearshoring and onshoring these critical supply chains.”

“The investments and sourcing commitments announced today continue to build on the robust textile and apparel co-production chain between the U.S. and Central America,” said NCTO President and CEO Kim Glas. “We sincerely appreciate the administration’s commitment to this critical manufacturing sector that has contributed to the backbone of economic development in Central America and the United States. And we look forward to working with our retail and brand partners to continue to expand our vital manufacturing sector.”

Over the last year, substantial investments have been flowing into Central America, predicated on the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) and the co-production chain that facilitates $15.1 billion in two-way textile and apparel trade and supports more than one million workers in the U.S. and the region.

“We saw apparel imports largely containing U.S. textile inputs from the CAFTA-DR region jump 24 percent according to the latest government trade data and we have seen well over $1 billion in investments in the region,” Glas said.

Several NCTO members previously joined the Vice President last year to announce their investments and sourcing commitments, including Parkdale Mills, Unifi, and SanMar.

“These are just a few of the key investments in the region, which illustrates how this co-production chain is continuing to make sustainable investments that strengthen supply chain resilience, create job opportunities and investment in the U.S. and the region, and ensure transparency in our supply chains, as momentum grows for onshoring and nearshoring textile and apparel production,” Glas said. “That is a win-win for our industry and the region.”

03.02.2023

Sustainable Apparel Coalition partners with Bangladesh Apparel Exchange

The Sustainable Apparel Coalition (SAC), an independent and impact-creating organization that brings together around half of the apparel industry to enable positive social and environmental impact at scale, announces its strategic partnership with the Bangladesh Apparel Exchange (BAE) for its fourth edition of the Sustainable Apparel Forum. The event aims to bring together stakeholders to discuss and exchange ideas on how to advance sustainability within the textile and apparel industry.

Taking place on March 15 and 16, 2023, this year’s Sustainable Apparel Forum will focus on five key subject areas of the apparel and textile supply chain: circular economy, climate impact & action, renewable energy & green funding, skill development and green job prospects & challenges. Delegates in attendance will include, garment manufacturers, brands and retailers, development partners, foreign missions and embassies in Bangladesh, impact creating organizations, apparel and textile associations, industry leaders, government officials, secretariats and ministers.

The Sustainable Apparel Coalition (SAC), an independent and impact-creating organization that brings together around half of the apparel industry to enable positive social and environmental impact at scale, announces its strategic partnership with the Bangladesh Apparel Exchange (BAE) for its fourth edition of the Sustainable Apparel Forum. The event aims to bring together stakeholders to discuss and exchange ideas on how to advance sustainability within the textile and apparel industry.

Taking place on March 15 and 16, 2023, this year’s Sustainable Apparel Forum will focus on five key subject areas of the apparel and textile supply chain: circular economy, climate impact & action, renewable energy & green funding, skill development and green job prospects & challenges. Delegates in attendance will include, garment manufacturers, brands and retailers, development partners, foreign missions and embassies in Bangladesh, impact creating organizations, apparel and textile associations, industry leaders, government officials, secretariats and ministers.

The first day of the forum will be geared towards roundtable discussions and workshop sessions on circularity, while day two, the main conference day of the event, will feature panel discussions, presentations & keynote speeches along with strategic guidelines from government officials and industry leaders.

Vidhura Rapanawe, Board Director, Andrew Martin, VP, Membership and Stakeholder Engagement, and Joyce Tsoi, Director of Collective Action Programs, along with other team members, will represent the SAC, including participation in a discussion on decarbonization and what it will take for the industry to achieve the necessary reduction of carbon emissions. The SAC will also actively participate and organize a special workshop for manufacturers as part of their continued stakeholder engagement efforts.

Source:

Bangladesh Apparel Exchange (BAE)

Multi-purpose TWF-NC roller card
03.02.2023

Trützschler: Technical nonwovens line for WPT Nonwovens

The American company WPT Nonwovens invests in a new thermobonding line for filter media. Trützschler Nonwovens teamed up with Schott & Meissner to deliver a state-of-the-art, high-capacity line including the T-BLEND fiber preparation system, two TWF-NC roller cards and Schott&Meissner’s high-speed “Speedliner” belt oven.

Air conditioning systems are not only an integral part of many buildings all over the world. They are vital components in cars, trucks, planes and other. Home and Vehicle Air Conditioning (HVAC) systems often rely on thermo- or through-air bonded nonwovens for air filtering.

WPT Nonwovens is a specialist not only for filtration media but also for nonwovens used in the medical, hygiene and industrial sectors. The US-based company started its business in 2008 and quickly became a trusted supplier of spunbonded, needle-punched, wet-laid and carded nonwovens.

To enable further growth, WPT Nonwovens now decided to invest in a new through-air bonding line. The Trützschler machinery has been selected to ensure reliable fiber preparation and web forming processes for various special, technically demanding filtration media.

The American company WPT Nonwovens invests in a new thermobonding line for filter media. Trützschler Nonwovens teamed up with Schott & Meissner to deliver a state-of-the-art, high-capacity line including the T-BLEND fiber preparation system, two TWF-NC roller cards and Schott&Meissner’s high-speed “Speedliner” belt oven.

Air conditioning systems are not only an integral part of many buildings all over the world. They are vital components in cars, trucks, planes and other. Home and Vehicle Air Conditioning (HVAC) systems often rely on thermo- or through-air bonded nonwovens for air filtering.

WPT Nonwovens is a specialist not only for filtration media but also for nonwovens used in the medical, hygiene and industrial sectors. The US-based company started its business in 2008 and quickly became a trusted supplier of spunbonded, needle-punched, wet-laid and carded nonwovens.

To enable further growth, WPT Nonwovens now decided to invest in a new through-air bonding line. The Trützschler machinery has been selected to ensure reliable fiber preparation and web forming processes for various special, technically demanding filtration media.

The start-up of the through-air bonding line is planned for the 3rd quarter 2023.

 

Source:

Trützschler Nonwovens & Man-Made Fibers GmbH

01.02.2023

Carbios appoints new Executive Committee Members

Carbios has strengthened its leadership team with the appointment of Martine Brisset as Senior Vice President from 1 January 2023. Martine will manage the Biodegradation Division and supervise the Human Resources, Legal, Regulatory, Project Management, Quality Health and Safety departments. Martine Brisset joins the Group’s Executive Committee, as does Delphine Denoizé, who remains Innovation Programs Funding, Regulation and LCA Director with an expanding team.

Carbios has strengthened its leadership team with the appointment of Martine Brisset as Senior Vice President from 1 January 2023. Martine will manage the Biodegradation Division and supervise the Human Resources, Legal, Regulatory, Project Management, Quality Health and Safety departments. Martine Brisset joins the Group’s Executive Committee, as does Delphine Denoizé, who remains Innovation Programs Funding, Regulation and LCA Director with an expanding team.

Martine Brisset has over 30 years of General Management experience in international groups within the plastic and paper packaging industry, most notably at Amcor, Huhtamaki, Linpac and Klockner Pentaplast.  Since 2021, she has held the position of General Manager of Carbiolice in order to integrate this high-potential subsidiary dedicated to biodegradation within the Carbios Group. In her new position as Senior Vice President of Carbios, her main mission will be to successfully deploy the biodegradation technology, facilitate the international expansion of Carbios’ activities, organise the recruitment and training of the Group’s employees. With numerous recruitments planned throughout the company in 2023, building Carbios’ attractivity will be a strategic topic.

After several years working in innovation within the agricultural industry, Delphine Denoizé joined the Carbios in 2016 and was one of its first twenty employees. Initially in charge of Innovation Funding and Regulation, then Project Management for PET biorecycling, she now oversees all the Group’s projects. Her responsibilities include French and European public funding for innovation, regulatory compliance of processes and products around the world, and assessment of their environmental impact through specific tools such as Life Cycle Assessment.

More information:
Carbios Recycling plastics
Source:

Carbios

(c) nova-Institut GmbH
24.01.2023

Six nominees for„Cellulose Fibre Innovation of the Year 2023“

For the third time, nova-Institute awards the “Cellulose Fibre Innovation of the Year” award in the frame of the “Cellulose Fibres Conference 2023” (8-9 March 2023). The conference advisory board nominated six remarkable products, including cellulose fibres from textile waste, banana production waste and bacterial pulp, a novel technology for producing lyocell yarns and a hygiene product. The innovations will be put to the vote of the conference audience on the first day of the event, with the awards ceremony taking place in the evening. The innovation award “Cellulose Fibre Innovation of the Year 2023” is sponsored by GIG Karasek (AT).

For the third time, nova-Institute awards the “Cellulose Fibre Innovation of the Year” award in the frame of the “Cellulose Fibres Conference 2023” (8-9 March 2023). The conference advisory board nominated six remarkable products, including cellulose fibres from textile waste, banana production waste and bacterial pulp, a novel technology for producing lyocell yarns and a hygiene product. The innovations will be put to the vote of the conference audience on the first day of the event, with the awards ceremony taking place in the evening. The innovation award “Cellulose Fibre Innovation of the Year 2023” is sponsored by GIG Karasek (AT).

Here are the six nominees
Vybrana – The new generation banana fibre – GenCrest Bioproducts (India)

Vybrana is a Gencrest’s Sustainable Cellulosic Fibre upcycled from agrowaste. Raw fibres are extracted from the Banana Pseudo stem at the end of the plant lifecycle. The biomass waste is then treated by the Gencrest patented Fiberzyme technology. Here, cocktail enzyme formulations remove the high lignin content and other impurities and help fibre fibrillation. The company's proprietary cottonisation process provides fine, spinnable cellulose staple fibres suitable for blending with other staple fibres and can be spun on any conventional spinning systems giving yarns sustainable apparel. Vybrana is produced without the use of heavy chemicals and minimized water consumption and in a waste-free process where balance biomass is converted to bio stimulants Agrosatva and Bio Fertilizers & organic manure.

HeiQ AeoniQ™ – technology for more sustainability of textiles – HeiQ (Austria)
HeiQ AeoniQ™ is the disruptive technology and key initiative from HeiQ with the potential to change the sustainability of textiles. It is the first climate-positive continuous cellulose filament yarn, made in a proprietary manufacturing process and the first to reproduce the properties of polyester and nylon yarns in a cellulosic, biodegradable, and endlessly recyclable fibre.
HeiQ AeoniQ™ can be manufactured from different cellulosic raw materials such as pre- and post-consumer textile waste, biotech cellulose, and non-valorized agricultural waste, such as ground coffee waste or banana peels. It naturally degrades after only 12 weeks in the soil. Each ton of HeiQ AeoniQ™ saves 5 tons of CO2 emissions. The first garments made with this innovative cellulosic filament fiber were commercially launched in January 2023.

TENCEL™ LUXE – lyocell filament yarn – Lenzing (Austria)
TENCEL™ LUXE is LENZING’s new versatile lyocell yarn that offers an urgently needed sustainable filament solution for the textile and fashion industry. A possible botanical alternative for silk, long-staple cotton, and petrol-based synthetic filaments, is derived from wood grown in renewable, sustainably managed forests, and produced in an environmentally sound, closed-loop process that recycles water and reuses more than 99 % of organic solvent. Certified by The Vegan Society, it is suitable for a wide range of applications and fabric developments, from finer high fashion propositions to denim constructions, seamless and activewear innovations, and even agricultural and technical solutions.

Nullarbor™ – Nanollose & Birla Cellulose (Australia/India)
In 2020, Nanollose & Birla Cellulose started a journey to develop and commercialize tree-free lyocell from bacterial cellulose, called Nullarbor™. The name derives from the Latin “nulla arbor” which means “no trees”. Initial lab research at both ends led to a joint patent application with the patent “production of high-tenacity lyocell fibres made from bacterial cellulose”.
Nullarbor is significantly stronger than lyocell made from wood-based pulp; even adding small amounts of bacterial cellulose to wood pulp increases the fibre toughness. In 2022, the first pilot batch of 260kg was produced with 20 % bacterial pulp share. Several high-quality fabrics and garments were produced with this fibre. The collaboration between Nanollose & Birla Cellulose now focuses on increasing the production scale and amount of bacterial pulp in the fibre.

Circulose® – makes fashion circular – Renewcell (Sweden)
Circulose® made by Renewcell is a branded dissolving pulp made from 100 % textile waste, like worn-out clothes and production scraps. It provides a unique material for fashion that is 100 % recycled, recyclable, biodegradable, and of virgin-equivalent quality. It is used by fibre producers to make staple fibre or filaments like viscose, lyocell, modal, acetate or other types of man-made cellulosic fibres. In 2022, Renewcell, opened the world’s first textile-to-textile chemical recycling plant in Sundsvall, Sweden – Renewcell 1. The plant will eventually reach 120,000 tons of annual capacity.

Sparkle sustainable sanitary pads – Sparkle Innovations (United States)
Globally, around 300 billion period products are discarded every year, resulting in millions of tons of non-biodegradable waste. Since most conventional sanitary pads contain up to 90 % plastics, they do not biodegrade for around 600 years. Sparkle has designed sustainable, plastic-free, biodegradable and compostable Sparkle sanitary pads. From product to packaging, they are made up of around 90 % cellulose-based materials with top sheet, absorbent core, release paper, wrapping paper and packaging made of cellulose-based fibres. Whether Sparkle pads end up in a compost pit, are incinerated or end up in a landfill, they are a more sustainable alternative compared to conventional pads that contain large amounts of plastics, complex petro-chemical based ingredients and artificial fragrances. When tested according to ISO 14855-1 by a leading independent lab in Europe, Sparkle pads reached over 90 % absolute biodegradation within 90 days in commercial composting conditions.

20.01.2023

Third edition of the project "CirculART"

Art meets sustainable fashion in the third edition of the project "CirculART", the initiative that sees companies, artists and fashion designers working together with Cittadellarte - Fondazione Pistoletto, showing how new balanced forms of production, design and sharing can be explored through a careful choice of materials and of sustainable supply chains. Three key concepts underpin the circularity of sustainable fashion and therefore this project: Reduce - reducing the consumption of raw materials, Reuse - reuse of raw materials, Recycling - regeneration.

The project CirculART is conceived and developed in collaboration between Fashion B.E.S.T. and UNIDEE Residency Programs, and led by the Foundation's team of curators.

Art meets sustainable fashion in the third edition of the project "CirculART", the initiative that sees companies, artists and fashion designers working together with Cittadellarte - Fondazione Pistoletto, showing how new balanced forms of production, design and sharing can be explored through a careful choice of materials and of sustainable supply chains. Three key concepts underpin the circularity of sustainable fashion and therefore this project: Reduce - reducing the consumption of raw materials, Reuse - reuse of raw materials, Recycling - regeneration.

The project CirculART is conceived and developed in collaboration between Fashion B.E.S.T. and UNIDEE Residency Programs, and led by the Foundation's team of curators.

Fashion B.E.S.T. - Better Ethical Sustainable Think-Tank, Cittadellarte - Fondazione Pistoletto’ sustainable fashion office, was created by artist Michelangelo Pistoletto and Franca Sozzani. Since 2009, B.E.S.T. has been working on the development of sustainability in the textile sector, to lead to a contamination between art, which assumes social responsibility, and the world of fashion, which is looking to define a new ethical and sustainable model.

CirculART proposes a new link between fashion and art, engaging both in a conscious and innovative combination of sustainability, sensitivity, beauty and union. The project links territory and production factories, bringing together actors from the different sectors making up the textile supply chain that work on the basis of a circular economy with companies that have chosen to embrace the ideal of sustainability and develop an innovative business model.

The protagonists of this year’s edition are two international artists and two international fashion designers, selected through an open call launched by Cittadellarte: Augustina Bottoni, Lucia Chain, Huge Sillytoe and Rebecca Sforzani, young talents called upon to create a work with fabrics produced by partner companies, focusing on dialogue and on the enhancement of the textile industry production chain.

In early 2023, the programme will give the four selected artists the opportunity to visit and work actively with the partner companies that have joined the initiative.
These are: Achille Pinto S.p.a, manufacturer of textiles and textile accessories for the main international fashion brands; Albini Group, Europe's largest manufacturer of cotton fabrics for shirts; Erica Industria Tessile, a leading company in the creation of textile prints, original and customised designs; Filatura Astro, eco-sustainable regenerated yarns; G2B S.r.l., a chemical and environmental analysis laboratory working with vertical cultivation from which indigo is obtained; Lampo by Ditta Giovanni Lanfranchi S.p.A., leader in the creation and production of zips for fashion; Lanificio Fratelli Cerruti, a Biella-based weaver for haute couture; Lenzing, world leader in the production of fabrics made from fibres derived from renewable wood raw material; Milior, a producer of high quality fabrics; Officina +39 – Chemistry plus creativity, a chemical company with thirty years' experience dedicated to research and chemical application in textiles; Tessuti di Sondrio, a factory inspired by the century-old local textile tradition of processing cotton, linen, hemp and wool; Tintoria Emiliana, garment-dyed production and sustainable practices; Zegna Baruffa Lane Borgosesia, a manufacturer of 100% Made in Italy fine combed and carded yarns.

 

Source:

Officina +39 / Menabò Group srl

20.01.2023

Autoneum: Revenue growth in 2022

For the first time in two years, global automotive production recorded a significant increase in full-year 2022 with 82.0 million vehicles produced (2021: 77.2 million vehicles) and growth of 6.2%, driven by the regions Asia and North America, but remained below 2019 levels.
Autoneum's revenue in local currencies increased significantly by 8.5%, largely due to inflation-related compensation. In the regions Europe and Asia, Autoneum's production volumes developed below market. Compared to the July 2022 estimate, revenue was around CHF 90 million lower than assumed due to volume factors. The strong fluctuations in production volumes due to vehicle manufacturer supply chain issues continued in 2022 and were exacerbated by the war in Ukraine in Europe and by COVID-related lockdowns in Autoneum's Asian main market China. Consolidated revenue in Swiss francs increased by 6.1% year-on-year to CHF 1 804.5 million (2021: CHF 1 700.4 million) due to the strong Swiss franc.

For the first time in two years, global automotive production recorded a significant increase in full-year 2022 with 82.0 million vehicles produced (2021: 77.2 million vehicles) and growth of 6.2%, driven by the regions Asia and North America, but remained below 2019 levels.
Autoneum's revenue in local currencies increased significantly by 8.5%, largely due to inflation-related compensation. In the regions Europe and Asia, Autoneum's production volumes developed below market. Compared to the July 2022 estimate, revenue was around CHF 90 million lower than assumed due to volume factors. The strong fluctuations in production volumes due to vehicle manufacturer supply chain issues continued in 2022 and were exacerbated by the war in Ukraine in Europe and by COVID-related lockdowns in Autoneum's Asian main market China. Consolidated revenue in Swiss francs increased by 6.1% year-on-year to CHF 1 804.5 million (2021: CHF 1 700.4 million) due to the strong Swiss franc.

Revenue development in the regions
In local currencies, revenue of Business Group Europe increased by 2.7%, while production volumes of vehicle manufacturers decreased by 1.3%. The growth in revenue resulted from inflation compensation, while Autoneum's production volumes were significantly lower compared to the previous year. Business Group North America increased its revenue in local currencies by 11.0%. The number of vehicles produced increased by 9.7% year-on-year. Volume development at Autoneum’s North American plants clearly improved compared with 2021 due to the allocation of semiconductors to the vehicle models supplied by Autoneum. Revenue of Business Group Asia declined by 2.7% in local currencies, and thus was significantly below the market (+7.7%). Autoneum's production facilities in its main market China are located in regions that were hit particularly hard by the COVID-related lockdowns. Growth in China was also driven by Chinese vehicle manufacturers, with whom Autoneum generated only little revenue last year.
Business Group SAMEA (South America, Middle East and Africa) achieved hyperinflation-adjusted revenue growth in local currencies of 65.2% year-on-year. This increase was mainly due to inflation compensation and in terms of volume slightly outperformed the market, which grew by 7.5%.

Due to significantly lower production volumes in Autoneum's regions Europe and Asia of around CHF 90 million compared to the half-year estimate and further increases in energy costs in the second half of the year, Autoneum expects the full-year 2022 result to be at the lower end of the guidance published on June 15, 2022.

The full year-end financial statements and the Annual Report 2022 will be presented at the Media Conference on March 1, 2023.

Source:

Autoneum Management AG