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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

09.01.2023

Autoneum takes over automotive business of Borgers Group

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

Autoneum is acquiring Borgers from insolvency and has agreed new pricing and delivery terms with its customers. These will ensure sustained profitability and the further development of product and process technologies in both the short and long term.

The transaction will initially be financed through a new credit facility which is available in addition to the syndicated loan of CHF 350 million renewed in October 2022. A capital increase in the amount of approximately CHF 100 million is planned for the long-term refinancing of the acquisition. Autoneum’s two largest shareholders, Artemis Beteiligungen I AG and PCS Holding AG, have agreed to participate in the capital increase in proportion to their current shareholdings. Even taking into account the aforementioned capital increase, the transaction will generate a positive earn-ings per share contribution from the outset.

Source:

Autoneum Management AG

28.11.2022

Autoneum introduces fully recyclable polyester carpet systems

Automotive carpets are typically multi-layered systems that can be challenging to recycle. By introducing a carpet made of 100% polyester, Autoneum now opens up new opportunities for vehicle manufacturers to meet their sustainability targets. The innovative carpet systems are fully recyclable, thus paving the way for an improved and more sustainable end-of-life recycling of electric vehicles. In addition, the high content of recycled PET as well as the zero waste and less energy-intensive production process further improve the carbon footprint of Autoneum’s new monomaterial needlepunch and tufted carpets.

Automotive carpets are typically multi-layered systems that can be challenging to recycle. By introducing a carpet made of 100% polyester, Autoneum now opens up new opportunities for vehicle manufacturers to meet their sustainability targets. The innovative carpet systems are fully recyclable, thus paving the way for an improved and more sustainable end-of-life recycling of electric vehicles. In addition, the high content of recycled PET as well as the zero waste and less energy-intensive production process further improve the carbon footprint of Autoneum’s new monomaterial needlepunch and tufted carpets.

Autoneum’s fully recyclable carpet systems ensure a closed material loop and are thus proof of the Company’s commitment to improving the sustainability performance of its products and manufacturing processes. The 100% polyester carpets build on the existing lightweight and particularly sustainable Autoneum Pure technologies: the carpet surface, for example, is made of Di-Light or Relive-1, while Hybrid-Acoustics PET is used for the decoupler. Thanks to Autoneum’s innovative alternative backcoating (ABC) process, which uses a thermoplastic adhesive instead of latex, the production of the new monomaterial needlepunch and tufted carpets also requires significantly less energy and no water at all.

Autoneum’s sustainable tufted carpet system made of 100% polyester is already in development for an electric model of a German vehicle manufacturer that will be available in Europe and Asia.

Source:

Autoneum

31.10.2022

Autoneum: Long-term financing sustainably secured

Autoneum Holding Ltd signed a new loan agreement with a syndicate of banks led by UBS and Credit Suisse on the 31st of October 2022. This loan agreement replaces with immediate effect the existing syndicated loan, which was due to run until December 31, 2022.

The credit line specified under the new agreement remains at CHF 350 million and includes a substantial financial reserve for the Company. The main provisions of the previous loan agreement also apply unchanged to the new loan agreement, which runs for five years until October 31, 2027.

“We are pleased to have concluded this loan agreement, which secures the Group’s long-term financing,” said Bernhard Wiehl, Chief Financial Officer at Autoneum. “It is also important to say at this point that Autoneum has managed to further strengthen its financial stability over the last three years despite the corona crisis and a challenging environment in the automotive industry. Positive cash flow development over the past two years has enabled Autoneum to continuously reduce net debt since 2020.”

Autoneum Holding Ltd signed a new loan agreement with a syndicate of banks led by UBS and Credit Suisse on the 31st of October 2022. This loan agreement replaces with immediate effect the existing syndicated loan, which was due to run until December 31, 2022.

The credit line specified under the new agreement remains at CHF 350 million and includes a substantial financial reserve for the Company. The main provisions of the previous loan agreement also apply unchanged to the new loan agreement, which runs for five years until October 31, 2027.

“We are pleased to have concluded this loan agreement, which secures the Group’s long-term financing,” said Bernhard Wiehl, Chief Financial Officer at Autoneum. “It is also important to say at this point that Autoneum has managed to further strengthen its financial stability over the last three years despite the corona crisis and a challenging environment in the automotive industry. Positive cash flow development over the past two years has enabled Autoneum to continuously reduce net debt since 2020.”

With the syndicated loan, the Group’s liquidity and long-term financing continue to be sustainably secured through a broad-based syndicate of twelve banks.

Source:

Autoneum Management AG

(c) DiloGroup
Needle Module Holder
13.10.2022

DiloGroup at India ITME 2022

DiloGroup will be attenting India ITME 2022 (December 8 – 13, 2022), an exhibition for the textile industry, which offers a central forum for dialogue within the textile production sector, including textile machine building, fibre production, ancillaries and accessories. For DiloGroup this event is a good oppportunity to inform customers and interested parties about new developments aimed at improving production technologies with a focus on needlefelts.

Focal points of the development work are:

DiloGroup will be attenting India ITME 2022 (December 8 – 13, 2022), an exhibition for the textile industry, which offers a central forum for dialogue within the textile production sector, including textile machine building, fibre production, ancillaries and accessories. For DiloGroup this event is a good oppportunity to inform customers and interested parties about new developments aimed at improving production technologies with a focus on needlefelts.

Focal points of the development work are:

  1. Intense Needling:
    The development efforts of DiloGroup aim at producing nonwovens by “intense needling” instead of water entangling, even for light nonwovens made of fine fibres for the medical and hygiene sector with an area weight of 30 – 100 g/m². This would result in a reduction of the environmentally relevant production costs; per annum to about 1/3 to 1/5 of current.
  2. “Fibre Pulp Recycling”
    Fibrous material in nonwovens and particularly used clothes can be successfully recycled, if staple length can be conserved in the tearing process. In the classical tearing process, staple lengths are dramatically reduced and therefore these fibres can only be used as base material for inferior uses in thermal or acoustic insulation or in protective textiles, transportation or protective covers etc.
    When recycling textile waste in the context of the collection of used clothes, the so called “filament-saving” tearing using special tearing machines and methods must be used to produce fibres with longer staple lengths which can be fed to a nonwoven installation. Hence product characteristics can be better specified and controlled.
  3. Additive nonwoven production
    The additive production method of the “3D-Lofter” is especially suited for automotive parts with differently distributed masses. It is also suited for uses in the sector of apparel and shoe production.
  4. “IsoFeed”-card feeding
    In the field of card feeding, the “IsoFeed” method offers great potential for a more homogeneous card feeding at the same time reducing the variation in cross-machine fibre mass distribution and thus the fibre consumption while conserving the end product quality.
Source:

DiloGroup

Photo: ANDRITZ
04.10.2022

ANDRITZ to supply needlepunch equipment to Jasztex, Canada

International technology group ANDRITZ has received an order from Jasztex Fibers Inc., Canada, to supply a crosslapper to its site of Pointe Claire (Quebec province).
The line will be dedicated to the production of polyester blends for a wide range of applications, including home furnishing, filtration, blankets, architectural, fire retardant, transportation. Start-up is planned for the second quarter of 2023.

ANDRITZ has been a regular supplier of Jasztex. Over the last years, ANDRITZ provided crosslappers for previous investments in Toronto (Ontario) and Pointe Claire (Quebec).

Jasztex’s nonwoven products are sold throughout the bedding, furniture, filtration, acoustic and thermal insulation, transportation and medical markets.

International technology group ANDRITZ has received an order from Jasztex Fibers Inc., Canada, to supply a crosslapper to its site of Pointe Claire (Quebec province).
The line will be dedicated to the production of polyester blends for a wide range of applications, including home furnishing, filtration, blankets, architectural, fire retardant, transportation. Start-up is planned for the second quarter of 2023.

ANDRITZ has been a regular supplier of Jasztex. Over the last years, ANDRITZ provided crosslappers for previous investments in Toronto (Ontario) and Pointe Claire (Quebec).

Jasztex’s nonwoven products are sold throughout the bedding, furniture, filtration, acoustic and thermal insulation, transportation and medical markets.

Source:

ANDRITZ AG

27.07.2022

Autoneum: Half Year Results 2022

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Current geopolitical developments substantially affected business performance in the first half of 2022. They are accompanied by accelerating inflation and significant price increases in the commodities markets, which the war in Ukraine has further exacerbated. These developments are also delaying market recovery in the automotive industry. Autoneum does everything it can to minimize the impact on the Group. Despite the present challenges, we will continue to implement our strategy, focusing on innovative and sustainable technologies for growing markets of the future.

  • Revenue development influenced by the war in Ukraine and supply chain bottlenecks*
  • Low production volumes and high inflation impact profitability*
  • Solid free cash flow enables further reduction in net debt*
  • Business Groups*
  • Well positioned for e-mobility and sustainability*
  • Expanding the product portfolio for electric vehicles*
  • Autoneum joins the Science Based Targets initiative*

Outlook
According to global market forecasts1, automobile production will pick up again in the second half of the year with growth of 8.8% compared with the first half-year 2022. For full-year 2022, global automobile production is projected to reach 80.8 million vehicles, which is equivalent to a 4.7% increase on 2021. Based on the market forecasts, Autoneum expects to improve the operating result for the second half of the year. This will be supported by ongoing customer negotiations with a view to fair sharing of costs, the accompanying contribution of vehicle manufacturers to shouldering the sharp increases in material, energy and transport costs and the foreseeable normalization of production after the easing of lockdown measures in China. On this basis, Autoneum expects substantially enhanced results for full-year 2022, as well as an improvement in the EBIT margin to 2.0% to 3.0%. Free cash flow is expected to be in the mid to high double-digit million range for the full year 2022.

*For more information see attached document

1Source: IHS “Light Vehicle Production Forecasts” – July 15, 2022

More information:
Autoneum supply chain acoustic
Source:

Autoneum Management AG

(c) Autoneum Management AG
27.06.2022

Autoneum: Sound-insulating technologies for electric drives

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

Catering to the acoustic requirements of electric vehicles, Autoneum has extended its concepts for noise-reducing engine encapsulations to new applications related to electric drives. Hybrid-Acoustics PET and the foam-based alternatives Hybrid-Acoustics FLEX and Fit FLEX ensure optimum noise protection in e-cars and thus improve driving comfort. All three technologies are characterized by a high acoustic performance tailored to specific customer needs and zero waste production.

Disturbing noises such as the high-frequency sounds of e-motors and other electric devices or the whining noise of the gearbox are posing new acoustic challenges for vehicle manufacturers worldwide. Anticipating the increasing demand for sound-reducing components in both the front and the rear of e-cars early on, Autoneum has expanded its technologies for noise protection in the engine bay to new tailor-made applications for electric vehicles.

With the fibrous technology Hybrid-Acoustics PET and the two foam alternatives Hybrid-Acoustics FLEX and Fit FLEX, the Company offers three standardized technologies that reduce noise directly at the source, thereby improving driver comfort. All three technologies are produced waste-free and their adaptive capacity to different sizes and shapes allows for a broad spectrum of uses in electric vehicles: from e-motor encapsulations to the reduction of noise and vibration of inverters, gearbox, pumps and compressors. By offering both fibrous and foam-based variants, Autoneum is able to flexibly cater to individual customer needs and preferences with regard to material, acoustic concept, sustainability and costs.

In terms of sustainable noise protection in the engine bay, Autoneum’s patented innovation Hybrid-
Acoustics PET sets the tone: it is made of 100 percent PET with up to 50 percent recycled fibers; cut-offs in production are reclaimed, processed and reused and the material can be fully recycled at the end of product life. The unique textile technology, which is part of the Company’s sustainability label Autoneum Pure, is particularly suited to attenuating high-frequency sounds of the electric drive unit and offers the optimum balance of absorption and insulation. Moreover, components made of Hybrid-Acoustics PET are up to 40 percent lighter compared to standard insulators.

To accommodate the differing preferences of vehicle manufacturers, Autoneum has complemented its lightweight textile technology with two foam-based alternatives. Since the foam is injected in both technologies, no waste is generated during production either. Hybrid-Acoustics FLEX is based on the same acoustic concept as Hybrid-Acoustics PET, but the decoupler is made of foam instead of felt. Autoneum’s Fit FLEX, on the other hand, combines the foam decoupler with an injection molded heavy layer. Thanks to the high geometrical adaptability of foam to even complex shapes, both technologies offer outstanding acoustic performance in the insulation of e-motors and other noise sources in electric vehicles. Furthermore, the absorbing or insulating acoustic quality of the foam can be flexibly tuned to specific customer needs.

Source:

Autoneum Management AG

(c) DiloGroup
13.05.2022

DiloGroup at Techtextil with nonwovens technology

The DiloGroup informs at Techtextil in Frankfurt (June 21 – 24, 2022) about new developments aimed at improving production technologies with a focus on needlefelts.

It becomes more evident that the textile industry comes into the focus of regulatory authorities who push respecting sustainability principles and who initiate a new body of laws. Hence all industrial sectors are requested to achieve savings in material and energy. The textile machine building, of course, plays an important role by seizing this initiative and offering solutions for fibre pulp recycling and reduction of energy, water and ancillaries. DiloGroup has made big efforts to meet these challenges together with a circle of partner companies. In this regard focal points of the development work are:

The DiloGroup informs at Techtextil in Frankfurt (June 21 – 24, 2022) about new developments aimed at improving production technologies with a focus on needlefelts.

It becomes more evident that the textile industry comes into the focus of regulatory authorities who push respecting sustainability principles and who initiate a new body of laws. Hence all industrial sectors are requested to achieve savings in material and energy. The textile machine building, of course, plays an important role by seizing this initiative and offering solutions for fibre pulp recycling and reduction of energy, water and ancillaries. DiloGroup has made big efforts to meet these challenges together with a circle of partner companies. In this regard focal points of the development work are:

  1. Intense Needling
    Needling per se is a mechanical production method with a high energy efficiency. For this reason, the development efforts of DiloGroup aim at producing nonwovens by “intense needling” instead of water entangling, even for light nonwovens made of fine fibres for the medical and hygiene sector with an area weight of 30 – 100 g/m². This would result in a reduction of the environmentally relevant production costs; per annum to about 1/3 to 1/5 of current.
    Despite the prospective advantages of the mechanical intense needling method over the hydrodynamical, water entanglement is at the moment the most important production method for low area weights and highest production capacity and is also offered by the DiloGroup as general contractor in cooperation with partner companies.
  2. “Fibre Pulp Recycling”
    Fibrous material in nonwovens and particularly used clothes can be successfully recycled, if staple length can be conserved in the tearing process. In the classical tearing process, staple lengths are dramatically reduced and therefore these fibres can only be used as base material for inferior uses in thermal or acoustic insulation or in protective textiles, transportation or protective covers etc.
    When recycling textile waste in the context of the collection of used clothes, the so called “filament-saving” tearing using special tearing machines and methods must be used to produce fibres with longer staple lengths which can be fed to a nonwoven installation. Hence product characteristics can be better specified and controlled.
  3. Additive nonwoven production
    The additive production method of the “3D-Lofter” is especially suited for automotive parts with differently distributed masses; but there may also be potential for increasing uses in the sector of apparel and shoe production.
  4. “IsoFeed”-card feeding
    In the field of card feeding, the “IsoFeed” method offers great potential for a more homogeneous card feeding at the same time reducing the variation in cross-machine fibre mass distribution and thus the fibre consumption while conserving the end product quality.
Source:

DiloGroup

(c) Flocus ™
22.02.2022

Flocus ™ kapok nonwovens and fabrics for the leather goods and footwear

Flocus ™, the trademark for kapok fibers, offers a range of kapok textile materials such as fibers, yarns, textiles and nonwovens. The company presents the most performing and zero carbon footprint solutions based on Flocus™ kapok available for the leather goods industry, a sector that is making an important transition to sustainability in terms of processing and raw materials.

As for nonwoven, some of their most used products in the world of leatherware are:

Flocus ™, the trademark for kapok fibers, offers a range of kapok textile materials such as fibers, yarns, textiles and nonwovens. The company presents the most performing and zero carbon footprint solutions based on Flocus™ kapok available for the leather goods industry, a sector that is making an important transition to sustainability in terms of processing and raw materials.

As for nonwoven, some of their most used products in the world of leatherware are:

  • Maliwatt - 50% Kapok, 50% PLA (based on corn), a 100% biodegradable non-woven which can be used in the shoe sole. Maliwatt can be thermopressed/heat press and turned into a paper/cardboard type and lightweight structure. It is the perfect material for sneakers, casual and active shoes thanks to its quick dry, antibacterial, hydrophobic, hypoallergenic, Insulation properties. Other frequent applications are in the field of automotive, construction and car panels, sound absorption and acoustics panels and geo textiles.
  • HDE /Hydroentanglement - 50% Kapok, 50% Organic cotton. It is a 100% natural and biodegradable material that can be used in the shoe production as a sole, intersole or as a padding for shoes and bags. Thanks to its termoregulating, lightweight, hypoallergenic, thermoconductivity, insulation, soft touch, hydrophobic, anti-moth anti mite properties, it is used for a large range of applications. It is popular in the apparel world as a cruelty free filling for winter jackets, replacing duck down, and in the home industry ad a stuffing for mattresses, duvets, furniture, sleeping bags.

The offer for the leather goods industry includes also Flocus™ kapok-based fabrics in different blends and weights: linings, coatings, fabric inserts, accessories, components rich in performance and style. For example, kapok and organic cotton with GOTS certification, kapok with Tencel and recycled polyester (Repreve), kapok with linen, organic cotton and a small percentage of Spandex.

These materials were presented at the September 2021 edition of Lineapelle in the exhibition "A New point of materials", dedicated to eco-responsible innovations in terms of technologies, applications, materials and machines.

Source:

Flocus

21.02.2022

JEC COMPOSITES STARTUP BOOSTER 2022

  • A springboard for entrepreneurs in the composites industry

In a few years, JEC Composites Startup Booster has became a reference for entrepreneurship in the composites industry worldwide. Each year before JEC World, among the startups that submitted their application, 20 of them are selected. 20 finalists from all over the world who will join the leading composites trade show to pitch their project on stage before a panel of expert judges.

This competition is a unique opportunity to network and shine a light on what will be the future of the composites industry so save the date: the two pitches sessions will happen on May 3rd, and the winners will be named on May, 4th at 2.45 pm at JEC World 2022 in Paris as well as online on JEC World Connect platform. This year’s competition is sponsored by Airbus & Mercedes-Benz (Main Innovation Partners) as well as Magna Exteriors (Innovation Partner).

  • A springboard for entrepreneurs in the composites industry

In a few years, JEC Composites Startup Booster has became a reference for entrepreneurship in the composites industry worldwide. Each year before JEC World, among the startups that submitted their application, 20 of them are selected. 20 finalists from all over the world who will join the leading composites trade show to pitch their project on stage before a panel of expert judges.

This competition is a unique opportunity to network and shine a light on what will be the future of the composites industry so save the date: the two pitches sessions will happen on May 3rd, and the winners will be named on May, 4th at 2.45 pm at JEC World 2022 in Paris as well as online on JEC World Connect platform. This year’s competition is sponsored by Airbus & Mercedes-Benz (Main Innovation Partners) as well as Magna Exteriors (Innovation Partner).

Launched in 2017, Startup Booster has been organized in three different regions (Europe, USA and Asia) and has already fostered the emergence of 500+ innovative projects from 50+ countries, 80 finalists and 30 winners, including Arevo, Continuous Composites, ComPair, Fortify and Vartega…
This challenge not only represents an opportunity to the winners of the trophy but to all the parts involved: participants, jury, official partners and the worldwide audience of JEC World. It brings the entire composites value chain together, creating future business opportunities.

The 20 finalists are divided into two categories:
• Process, Manufacturing & Equipment
• Materials & Products

The jury includes representatives from major manufacturers and investors:
Jelle BLOEMHOF, Head of Manufacturing Technologies of Composite, Airbus
Karl-Heinz FULLER, Head of Future Outside & Materials Mercedes-Benz AG
Florent ILLAT, Head of Safran Corporate Ventures, Safran
Brian KRULL, Global Director of Innovation, Magna Exteriors
Tim VORAGE, Founder and Manager Growth Garage Accelerator , Mitsubishi Chemicals Advanced Materials

Two pitch sessions of 10 presentations each will be held in the Agora stage (Hall 5), on Tuesday, May 3, from 10am to 11.25am (Category: Products & Materials) and from 4.30pm to 5.55pm (Category: Process, Manufacturing & Equipment). Three winners will be chosen by the jury and one winner for the sustainable aspects of the project. The awards ceremony will be held on Wednesday, May, 4th at 2.45 pm.

Category “Products & Materials”
o Blackleaf (France)
o Dongnam Realize (South Korea)
o FibreCoat (Germany)
o FVMat (Israel)
o Ora Graphene Audio (Canada)
o Pangolin Defense (France)
o Phononic Vibes (Italy)
o Revolve (Germany)
o Smart Resilin (Israel)
o Space Walker (Japan)

Category “Process, Manufacturing & Equipment”
o Antefil Composite Tech (Switzerland)
o ANYBRID (Germany)
o Atomic-6 (USA)
o Carbon-Drive (Germany)
o Continuum (Denmark)
o Fibraworks (Germany)
o Herone (Germany)
o RVmagnetics (Slovakia)
o Touch Sensity (France)
o XARION Laser Acoustics (Austria)

More information:
JEC Group Startup
Source:

JEC Group

21.01.2022

Autoneum: Revenue development in 2021 impacted by semiconductor shortage

Business of the automobile industry and its suppliers was impacted in 2021 by the worldwide shortage of semiconductors and the correspondingly restrained development of production volumes, which was about the same as the previous year. Autoneum’s revenue in local currencies declined slightly by 1.6% compared with the previous year. In Swiss francs, Group revenue decreased by 2.3% to CHF 1 700.4 million year-on-year. For 2021 as a whole, an EBIT margin of a little more than 3% and a free cash flow of around CHF 70 million are expected.

Business of the automobile industry and its suppliers was impacted in 2021 by the worldwide shortage of semiconductors and the correspondingly restrained development of production volumes, which was about the same as the previous year. Autoneum’s revenue in local currencies declined slightly by 1.6% compared with the previous year. In Swiss francs, Group revenue decreased by 2.3% to CHF 1 700.4 million year-on-year. For 2021 as a whole, an EBIT margin of a little more than 3% and a free cash flow of around CHF 70 million are expected.

Owing to the global shortage of semiconductors, automobile production for 2021 as a whole increased by 2.5% to 76.4 million vehicles and was thus only slightly higher than the previous year’s level. Autoneum’s revenue in local currencies declined by 1.6% year-on-year. Although revenue developed better than the market in three of four regions, the Company lagged slightly behind the global market trend. On the one hand, this was due to the fact that some vehicle models of US manufacturers predominantly supplied by Autoneum were disproportionately affected by the shortage of semiconductors, and, on the other hand, due to the lower share of Business Group Asia in Autoneum’s total revenue. The consolidated revenue in Swiss francs fell by 2.3% to CHF 1 700.4 million compared to the previous year (2020: CHF 1 740.6 million).

Revenue development in the Europe, Asia and SAMEA regions well above market
Business Group Europe recorded a decline in revenue of 1.6% in local currencies and was thus well above the market trend, which saw production fall by 4.4%. By contrast, revenue for Business Group North America in local currencies dropped by 7.2% and was thus well below the market, which saw a small increase of 0.1%. The vehicle models of US customers predominantly supplied by Autoneum were disproportionately affected by the semiconductor shortage. Consequently, Autoneum lagged behind the market trend in this region. Asia was the market least impacted by the semiconductor shortage in financial year 2021. Accordingly, in 2021 Asian automobile production saw good growth of 5.1%. Business Group Asia once again exceeded the overall Asian market, with revenue growth of 6.7% in local currencies. Business Group SAMEA (South America, the Middle East and Africa) significantly exceeded the market trend in financial year 2021.

Although 8.6% more vehicles were produced in the region compared to the prior year, Business Group SAMEA’s revenue rose by an impressive 24.8% on an inflation- and currency-adjusted basis. This growth was largely supported by high-volume programs in Turkey and South Africa.

Thanks to better than expected revenue at the end of 2021, Autoneum is in the upper range of its guidance, which was adjusted in October. Based on provisional figures, Autoneum expects an EBIT margin of slightly more than 3% and a free cash flow of around CHF 70 million for 2021.

More information:
Autoneum Automotive acoustic
Source:

Autoneum Management AG

15.11.2021

Autoneum: Flexi-Loft with high acoustic performance

The acoustic performance of components for the vehicle interior such as inner dashes or carpets depends on the noise-reducing quality as well as the geometrical adaptability and fill power of their material. With Flexi-Loft, Autoneum offers a new felt-based technology that thanks to a unique blend of recycled cotton and functional fibers reduces product weight and allows for accurate adaptation even to complex shapes. The textile material therefore provides a versatile and more sustainable alternative to foam.

The acoustic performance of components for the vehicle interior such as inner dashes or carpets depends on the noise-reducing quality as well as the geometrical adaptability and fill power of their material. With Flexi-Loft, Autoneum offers a new felt-based technology that thanks to a unique blend of recycled cotton and functional fibers reduces product weight and allows for accurate adaptation even to complex shapes. The textile material therefore provides a versatile and more sustainable alternative to foam.

In order to achieve high acoustic performance at minimum weight and maximum sustainability, Autoneum is continuously advancing its textile product portfolio. When it comes to components for the vehicle interior, for example, standard thermoplastic felts excel through their acoustic absorption, robustness and environmental friendliness. However, since felt-based materials are generally less voluminous and moldable as foam components, they require more weight to thoroughly fill the areas of varying thickness between the surface of the component and the vehicle’s body-in-white. In contrast, Autoneum’s Flexi-Loft technology is significantly lighter, more flexible and more adaptable than standard felts. In addition, the fiber-based material is versatile and clearly outperforms current foam products in terms of sustainability.

Thanks to its blend of recycled cotton and polyester fibers, Flexi-Loft substantially reduces component weight while improving geometrical adaptability and acoustic performance, especially in areas of low thickness. Thanks to the specific properties of the fibers, Flexi-Loft enables a precise adaptation to a wide variety of vehicle bodies, thereby improving the noise-insulating qualities of the respective product. Even at low weight, Flexi-Loft covers a wide range of material thicknesses, thus proving to be an ideal decoupling material for interior components with complex shapes such as inner dashes and automotive carpets. As a lightweight, flexible and sustainable alternative to both standard felts and foam, Flexi-Loft distinguishes itself by its versatile application in combination with existing Autoneum technologies such as Hybrid-Acoustics and Prime-Light. Moreover, the material helps to reduce odor and dust inside the vehicle.

Flexi-Loft consists of at least 50% recycled cotton fibers, and cut-offs generated during the manufacturing process are reclaimed, processed and then reused in the production of new felt blanks.

Autoneum is already using Flexi-Loft worldwide as an insulator for various carpets, inner dashes and other acoustic components based on its Prime-Light technology. The application of the material as an effective decoupler in inner dashes made of Hybrid-Acoustics will be launched on the European market in 2023.

More information:
Autoneum Automotive acoustic
Source:

Autoneum Management AG

(c) Autoneum
14.07.2021

Autoneum: Carpets even more eco-friendly

Autoneum carpet systems already meet high standards of sustainable mobility due to their high content of recycled fibers. Thanks to an alternative backcoating (ABC) process, Autoneum carpets are now becoming even more environmentally friendly: By replacing the latex commonly used in standard backcoatings with thermoplastic material, the recyclability of carpets at the end of product life is further  improved. In addition, the innovative manufacturing process greatly reduces water and energy consumption and thus CO2 emissions in production.

Autoneum carpet systems already meet high standards of sustainable mobility due to their high content of recycled fibers. Thanks to an alternative backcoating (ABC) process, Autoneum carpets are now becoming even more environmentally friendly: By replacing the latex commonly used in standard backcoatings with thermoplastic material, the recyclability of carpets at the end of product life is further  improved. In addition, the innovative manufacturing process greatly reduces water and energy consumption and thus CO2 emissions in production.

Lightweight, textile-based carpet technologies such as Di-Light or Relive-1 significantly improve the environmental performance of carpets. For example, Di-Light-based carpets consist of up to 97% recycled PET; aside from that, they are around 20% lighter than conventional needlepunch carpets, thus contributing to lower fuel consumption and CO2 emissions from vehicles. In addition, Autoneum needlepunch carpets are now even more sustainable thanks to the innovative ABC process, which uses a thermoplastic adhesive instead of latex in the backcoating: Unlike latex, thermoplastic adhesives can be heated and melted down together with the carpet components made of pure PET at the end of the product life cycle, which facilitates recycling considerably. Furthermore, since the fibers of the thermoplastic mono-material are easier to open, carpet cut-outs can be reclaimed more easily, thereby reducing the consumption of natural resources as well as waste volumes and thus CO2 emissions. The environmental  performance of Autoneum’s needlepunch carpets, which already contain a high proportion of recycled PET, is thus further improved.

Moreover, backcoatings without latex improve the sustainability of carpets not only thanks to better recyclability at the end of the product life cycle. Since the application of the thermoplastic adhesive using the innovative ABC process consumes significantly less energy than the production of latexbased backcoatings and does not require any water at all, the environmental impact can already be minimized in the manufacturing process. Additionally, thermoplastic adhesives developed in-house by Autoneum will open up new possibilities in the future for adapting backcoatings to the individual needs of vehicle manufacturers in terms of their acoustic performance, stiffness and abrasion resistance.

Models from various customers in Europe and North America are already equipped with latex-free needlepunch carpets from Autoneum. In the near future, backcoatings with thermoplastic adhesives will also be used for Autoneum’s tufted carpets. Production of the new, even more sustainable generation of tufted carpets is scheduled to start in early 2022.

drapilux 117 with additional functions for hotels as well as healthcare facilities (c) drapilux
19.05.2021

drapilux 117 with additional functions for hotels as well as healthcare facilities

drapilux 117 comes in 120 colours. The piece dyer also improves the room acoustics thanks to the intelligent additional function drapilux akustik. Additionally it’s possible to equip the fabric with drapilux antimicrobial. This function acts against viruses, bacteria and fungi on  the  textile  surface,  thus  contributing  to  the  hygiene  chain.  With  its comprehensive colour palette, the acoustic fabric is versatile and can be used in hotels as well as in schools, offices and the healthcare sector.

drapilux 117 comes in 120 colours. The piece dyer also improves the room acoustics thanks to the intelligent additional function drapilux akustik. Additionally it’s possible to equip the fabric with drapilux antimicrobial. This function acts against viruses, bacteria and fungi on  the  textile  surface,  thus  contributing  to  the  hygiene  chain.  With  its comprehensive colour palette, the acoustic fabric is versatile and can be used in hotels as well as in schools, offices and the healthcare sector.

More information:
drapilux
Source:

schönknecht : kommunikation

This  month's  drapilux recommendation: colourful stripes (c) drapilux
drapilux
14.04.2021

This month's drapilux recommendation: colourful stripes

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose? This  month's  drapilux recommendation is drapilux 191 and is aimed  at healthcare facilities as well as classic and modern hotels.

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose? This  month's  drapilux recommendation is drapilux 191 and is aimed  at healthcare facilities as well as classic and modern hotels.

  • Colourful stripes: drapilux 191

Colourful stripes: drapilux 191Aesthetic,  harmonious and  functional -that's what definesdrapilux  191. The colorful woven fabricwith  the  multicolored  stripes  is  part  of  the we  care-collection, which was specially developed for the dementia-sensitive design of healthcare facilities. Six atmospheric colour schemes ranging from invigorating orange-red to relaxing Mediterranean blue and friendly sunshine yellow create a homely feel-good atmosphere. However, the opaque fabric is not only convincing in terms of design, but also in terms of function. The article can be equipped with the intelligent additional function drapilux antimicrobial. This is effective against viruses, bacteria and fungi on the textile surface and thus makes an essential contribution to the hygiene chain.

Source:

schönknecht : kommunikation
gesellschaft für public relations und marketing mbh

Month's drapilux recommendation: The epitome of piece dyeing © drapilux
The epitome of piece dyeing: drapilux 115
16.03.2021

Month's drapilux recommendation: The epitome of piece dyeing

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose?
This month's drapilux recommendation is drapilux 115 and is aimed at classic and modern hotels as well as offices.

  • The epitome of piece dyeing: drapilux 115

Sustainable, flame retardant and a true eye-catcher – drapilux 115 combines all these features in one fabric. This decorative fabric, which resembles the material of a bedspread, has been created using an innovative yarn, part of which has been manufactured with sustainably produced fibres. The unusual look is achieved by means of a two-tone effect, as the woven material is dyed using a complex cationic/anionic process. The combination of sustainably produced fibres and flame retardancy makes drapilux 115 the quintessence of piece dyeing. Thanks to the modern colours, the fabric is very versatile.

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose?
This month's drapilux recommendation is drapilux 115 and is aimed at classic and modern hotels as well as offices.

  • The epitome of piece dyeing: drapilux 115

Sustainable, flame retardant and a true eye-catcher – drapilux 115 combines all these features in one fabric. This decorative fabric, which resembles the material of a bedspread, has been created using an innovative yarn, part of which has been manufactured with sustainably produced fibres. The unusual look is achieved by means of a two-tone effect, as the woven material is dyed using a complex cationic/anionic process. The combination of sustainably produced fibres and flame retardancy makes drapilux 115 the quintessence of piece dyeing. Thanks to the modern colours, the fabric is very versatile.

Source:

schönknecht : kommunikation
gesellschaft für public relations und marketing mbh

Month's drapilux recommendation: Nature-inspired lightness © drapilux
Inspiring Interiors: drapilux 835
09.02.2021

Month's drapilux recommendation: Nature-inspired lightness

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose? This month's drapilux  recommendation is drapilux835 and is aimed at classic and modern hotels as well as offices, healthcare facilities and hospitals.

  • Nature-inspired lightness: drapilux 835

The translucency of drapilux 835 conveys openness, lightness and a sense of character. This  was  how  Holger  Schön,  Commercial  Property  Manager  at drapilux, described the series. That is the reason why this fabric, with its versatile floral patterns, adorns the four walls of the commercial property manager’s own home: “We live in the suburbs in a rural setting. Consequently, we chose a design with poppies, as this pattern harmonises well in the natural surroundings in which we live.” The fabric also plays a part in the hygiene chain thanks to the intelligent added function of drapilux bioaktiv. Silver ions on the surface of the fibres kill over 99 percent of any bacteria located on textiles.

  • Inspiring Interiors

Textiles are an inseparable part of the interior as they give a room atmosphere and good acoustics. But which fabric is best suited for which purpose? This month's drapilux  recommendation is drapilux835 and is aimed at classic and modern hotels as well as offices, healthcare facilities and hospitals.

  • Nature-inspired lightness: drapilux 835

The translucency of drapilux 835 conveys openness, lightness and a sense of character. This  was  how  Holger  Schön,  Commercial  Property  Manager  at drapilux, described the series. That is the reason why this fabric, with its versatile floral patterns, adorns the four walls of the commercial property manager’s own home: “We live in the suburbs in a rural setting. Consequently, we chose a design with poppies, as this pattern harmonises well in the natural surroundings in which we live.” The fabric also plays a part in the hygiene chain thanks to the intelligent added function of drapilux bioaktiv. Silver ions on the surface of the fibres kill over 99 percent of any bacteria located on textiles.

Source:

schönknecht : kommunikation

04.12.2020

ANDRITZ to acquire Laroche

International technology Group ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France. ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.

International technology Group ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France. ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.

Laroche is a leading supplier of fiber processing technologies such as opening, blending and dosing, airlay web forming, textile waste recycling and decortication of bast fibers. The product portfolio further complements the ANDRITZ Nonwoven product range. ANDRITZ is now able to offer the complete supply and value chain, from the raw material, to opening and blending, web forming, bonding, finishing, drying, and converting. Laroche’s high-performance technologies for opening and blending enhance the ANDRITZ scope of supply for spunlace, needlepunch and wetlaid production lines. Moreover, both companies have agreed to further strengthen the development of their existing technologies for high-speed and high-capacity applications and also to continue pursuing the development of textile recycling processes in order to stay ahead of the changes the industry is facing.

Laroche SA has been developing fiber processing technologies for more than 100 years. With integrated manufacturing, the company supplies lines for a wide range of industries/products: spinning, bedding and furniture, automotive, acoustic and thermal insulation, geotextiles, filtration, wipes, and many more.

Robert Laroche, President of Laroche: “This acquisition is the logical conclusion in view of the successful long-term relationship between ANDRITZ and Laroche. We have been working in close cooperation for more than ten years and are very much looking forward to becoming a member of the ANDRITZ family.”

Andreas Lukas, Senior Vice President and Division Manager, ANDRITZ Nonwoven: “By adding Laroche’s state-of-the-art products and expertise to our existing capabilities, ANDRITZ Nonwoven will further strengthen its market and technology position.”

Source:

ANDRITZ AG

 ATLAS: cutting-edge technology for sustainable vehicle acoustics (c) Autoneum Management AG
Messsystem ATLAS
27.08.2020

ATLAS: cutting-edge technology for sustainable vehicle acoustics

For more than 50 years, vehicle manufacturers have relied within their model development on Autoneum’s measuring systems for vehicle acoustics. With ATLAS, Autoneum has now added another particularly powerful device to the portfolio: Thanks to the efficient and reliable measurement methodology, noise-reducing vehicle components and materials can be analyzed and developed faster and with a significantly lower need for resources in the future.

For more than 50 years, vehicle manufacturers have relied within their model development on Autoneum’s measuring systems for vehicle acoustics. With ATLAS, Autoneum has now added another particularly powerful device to the portfolio: Thanks to the efficient and reliable measurement methodology, noise-reducing vehicle components and materials can be analyzed and developed faster and with a significantly lower need for resources in the future.

With the ongoing electrification of vehicles and trends like autonomous driving, future car generations will no longer be used solely for transport – remote working and recreation will equally play a key role. This requires a vehicle interior that is as noiseless as possible. In order to identify and insulate potential internal and external sound sources already in the pre-development of new models, car manufacturers around the world rely on Autoneum’s highly specialized measurement tools. The newly launched ATLAS – short for “Airborne Transmission Loss Analysis System” – measures the acoustic insulation and transmission loss of components such as carpets, inner dashes and floor insulators. This allows customers to assess noise-reducing parts within minutes and select acoustic components tailored to their needs.

ATLAS sets new testing standards in this regard. While developers previously had to analyze the NVH behavior (noise, vibration, harshness) of interior parts using material samples of around one square meter in size, ATLAS makes this process faster, cheaper and more environmentally-friendly. It enables measurements of small samples with a diameter of no more than ten centimeters, which substantially decreases the amount of material used. Thanks to its four highly sensitive microphones, only two trials are required to collect precise and valid test data, making the system developed at Autoneum’s research center in the Swiss city of Winterthur especially suitable for quality assurance and repeatability of the results obtained. Users also benefit from time savings of up to 50 percent compared to the previous testing standard.

Autoneum’s measurement systems represent the global industry standard and are used successfully by vehicle manufacturers, automotive suppliers and research institutions alike. The Company is therefore not only making a significant contribution to the mobility of the future with its noise-reducing products, but now with ATLAS as well.

Source:

Autoneum Management AG