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Newly developed regenerated cellulose fiber yarn Photo: HKRITA, Epson
Newly developed regenerated cellulose fiber yarn
03.06.2025

HKRITA and Epson Develop Silk-Like Regenerated Fiber from Cotton

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) and Seiko Epson Corporation ("Epson") have succeeded in developing new regenerated cellulose fiber with a silk-like sheen from waste cotton fabric through a new production process.

A movement toward using fibers recycled from discarded clothing has been gaining momentum, driven by a growing recognition of waste clothing as a global environmental issue. In Europe in particular, a move is under way to use more regenerated fiber and reduce textile waste.

To address societal issues surrounding textile waste, HKRITA and Epson have been conducting research and development on regenerated fibers since signing a joint development agreement in January 2024. As a result of this collaboration, the partners have successfully developed regenerated cellulose fiber using a new production process that transforms discarded cotton fabric into regenerated fiber.

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) and Seiko Epson Corporation ("Epson") have succeeded in developing new regenerated cellulose fiber with a silk-like sheen from waste cotton fabric through a new production process.

A movement toward using fibers recycled from discarded clothing has been gaining momentum, driven by a growing recognition of waste clothing as a global environmental issue. In Europe in particular, a move is under way to use more regenerated fiber and reduce textile waste.

To address societal issues surrounding textile waste, HKRITA and Epson have been conducting research and development on regenerated fibers since signing a joint development agreement in January 2024. As a result of this collaboration, the partners have successfully developed regenerated cellulose fiber using a new production process that transforms discarded cotton fabric into regenerated fiber.

This new process was made possible by integrating Epson's proprietary Dry Fiber Technology for defibrating textiles with HKRITA's fiber-dissolving technology. The process involves (1) defibrating discarded cotton fabric into a powder-like state, (2) dissolving the cotton in a solvent, and (3) extruding it through a nozzle into a coagulation bath, where it solidifies and is spun into fiber.

The regenerated cellulose fiber produced through this process is expected to have both a smooth, silky sheen and the strength of cotton. This fiber is expected to be used in high-end materials such as scarves, neckties, and suit linings. Moreover, since the short fibers that occur during the regenerated fiber production process can also be used rather than discarded, as was usually the case, this regeneration process can help to increase the total clothing recycling rate.

"As an applied research center, HKRITA is dedicated to solving real-world problems and enhancing current practices and products," said HKRITA CEO Jake Koh. "We are thrilled to collaborate with Epson to recycle fibers and repurpose them into high-quality yarns. This cross-industrial collaboration is not only reimagining materials but also redefining the future of sustainable production."

Epson Executive Officer Satoshi Hosono, who serves as the deputy general administrative manager of the Global Environmental Strategy Promotion Office and as the deputy general administrative manager of the Technology Development Division, said, "We are extremely pleased with the results that this joint development project has yielded. The selective application of this new wet process and our previously developed dry process should enable fiber to be regenerated from all waste cotton fabrics while reducing environmental impact."

Information about the work under this joint development project will be exhibited at HKRITA's Booth 2415 at Textiles Recycling Expo 2025, held in Brussels, Belgium, from June 4, 2025.

Looking ahead, HKRITA and Epson will continue to combine their advanced technologies to accelerate the adoption of regenerated fibers, contributing to global efforts to solve the challenge of clothing recycling.

28.05.2025

Infinited Fiber Company: New leadership, next strategic phase

Infinited Fiber Company announces that Petri Alava, co-founder and CEO since the company’s founding in 2016, will step down from his role on May 31, 2025. Chief Operating Officer Sahil Kaushik will serve as acting CEO from June 1, 2025. Petri Alava will continue supporting the company as Senior Advisor through the end of November. The Board of Directors has initiated the search for a permanent successor.

While circularity and sustainability remain essential, competitiveness is now front and center in the next phase of Infinited Fiber’s industrial scale-up. The company’s strategy is evolving accordingly, with an intensified focus on operational excellence and readiness for large-scale industrial investment.

Infinited Fiber Company announces that Petri Alava, co-founder and CEO since the company’s founding in 2016, will step down from his role on May 31, 2025. Chief Operating Officer Sahil Kaushik will serve as acting CEO from June 1, 2025. Petri Alava will continue supporting the company as Senior Advisor through the end of November. The Board of Directors has initiated the search for a permanent successor.

While circularity and sustainability remain essential, competitiveness is now front and center in the next phase of Infinited Fiber’s industrial scale-up. The company’s strategy is evolving accordingly, with an intensified focus on operational excellence and readiness for large-scale industrial investment.

“Our product has been validated by the market — the value is now established,” said Andreas Tallberg, Chairman of the Board of Directors. “The next strategic priority is to turn that value into profitable industrial scale, by optimizing cost and capital efficiency. We’re grateful for the work Petri and the team have done and excited to begin the next chapter — with Sahil, who brings deep experience in scaling industrial production and driving efficiency in the chemical industry, now leading the transition.”

“Infinna is a breakthrough innovation that’s more relevant than ever,” said Kaushik. “It’s a privilege to lead this talented team, together with world-leading brands supporting us as investors. We have a clear path forward and a solid foundation for the next phase.”

Over the past decade, Petri Alava has played a central role in shaping Infinited Fiber into a global front-runner in textile-to-textile recycling of cotton. Under his leadership, the company’s circular fiber Infinna™ has achieved strong market traction, backed by long-term offtake agreements with leading fashion brands, underscoring Infinna’s unique value and laying the groundwork for scaling a profitable business.

“Ten years is a long time to lead a growth company — and a natural point for change,” said Petri Alava. “I’m incredibly proud of the journey we’ve made as a team: we’ve built something truly valuable — a recycled cotton-like fiber with exceptional market fit, proven demand, and long-term partnerships. Now, with market dynamics shifting and Infinited Fiber entering a new strategic phase, it’s the right time to pass the baton — from creating value to scaling it. I’m happy to support the team during the transition.”

09.05.2025

Lenzing with significant revenue and earnings growth in 1st quarter 2025

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.

Revenue grew by 4.8 percent year-on-year to EUR 690.2 mn in the first quarter of 2025. The operating earnings trend largely reflected the positive effects of the performance program. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 118.8 percent year-on-year to EUR 156.1 mn. This also includes positive special effects from the sale of EUR 25.5 mn surplus EU emission certificates and the change in the fair value of biological assets in the amount of EUR 9.2 mn. The EBITDA margin in-creased from 10.8 percent to 22.6 percent. The operating result (EBIT) amounted to EUR 74.3 mn (compared with EUR 1.5 mn in the first quarter of 2024) and the EBIT margin amounted to 10.8 percent (compared with 0.2 percent in the first quarter of 2024). Earnings before tax (EBT) amounted to EUR 35.1 mn (compared with minus EUR 17.8 mn in the first quarter of 2024). The result after tax also improved significantly and was positive again for the first time since the third quarter of 2022 at EUR 31.7 mn (compared with minus EUR 26.9 mn in the first quarter of 2024).

The Lenzing Group’s performance program is designed holistically with the overarching objective of significantly increasing long-term resilience to crises and greater agility in the face of market changes. The program initiatives are primarily aimed at improving EBITDA and at generating free cash flow through enhanced profitability, as well as sustainable cost excellence. Extensive actions are being undertaken to strengthen sales activities, such as the acquisition of new customers for the most important fiber types as well as expansion in previously smaller markets, which are exerting a positive impact in terms of revenue. The Managing Board also anticipates significant cost savings. Savings of over EUR 130 mn were already realized in the 2024 financial year. From the current financial year onwards, Lenzing is aiming for recurring annual cost savings of over EUR 180 mn.

Outlook
The IMF has significantly downgraded its growth forecasts for both this year and next to 2.8 percent and 3.0 percent respectively. The escalation of international trade conflicts and the risk of inflation returning are seen as major threats to global growth.

In times of uncertainty and high living costs, consumers can be expected to remain cautious and thrifty, with negative effects on consumer sentiment and their willingness to spend.

The currency environment is expected to remain volatile in regions relevant to Lenzing.

In the trend-setting market for cotton, analysts expect a slight increase in stocks to around 18.8 mn tonnes in the current 2024/2025 harvest season, according to preliminary estimates.

Lenzing will continue to consistently implement its performance program and expects to leverage further cost potentials and further improve its revenue and margin generation.

Having weighed the aforementioned factors, the Lenzing Group confirms its guidance for the 2025 financial year of year-on-year higher EBITDA.

However, the current tariff dispute and the high level of uncertainty associated with it are dampening expectations and further limiting the visibility of earnings.

In structural terms, Lenzing continues to expect growth in demand for environmentally responsible fibers for the textile and apparel industry, as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its strategy and is driving ahead with not only profitable growth in specialty fibers but also the further expansion of its market leadership in the sustainability area.

Source:

Lenzing AG

06.05.2025

Rieter acquires Barmag to become a market leader in natural and manmade fibers

Rieter has signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million. The acquisition will create a globally leading player in natural and manmade fibers, headquartered in Winterthur, Switzerland, and is highly complementary to Rieter’s short-staple fiber business.

Barmag is a provider of filament spinning systems used for manufacturing manmade fibers, texturing machines, BCF1) systems, staple fiber spinning and nonwovens solutions and – as an engineering services provider – offers solutions along the textile value chain. In the financial year 2024, the company generated sales of CHF 734 million with around 2 600 employees.

Barmag comprises the established product brands Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven. The main markets for the Barmag product portfolio are China, India, Türkiye and the United States of America. The innovative and technologically advanced products are developed in Remscheid and Neumünster (Germany) as well as Suzhou and Wuxi (China).

Rieter has signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million. The acquisition will create a globally leading player in natural and manmade fibers, headquartered in Winterthur, Switzerland, and is highly complementary to Rieter’s short-staple fiber business.

Barmag is a provider of filament spinning systems used for manufacturing manmade fibers, texturing machines, BCF1) systems, staple fiber spinning and nonwovens solutions and – as an engineering services provider – offers solutions along the textile value chain. In the financial year 2024, the company generated sales of CHF 734 million with around 2 600 employees.

Barmag comprises the established product brands Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven. The main markets for the Barmag product portfolio are China, India, Türkiye and the United States of America. The innovative and technologically advanced products are developed in Remscheid and Neumünster (Germany) as well as Suzhou and Wuxi (China).

As fiber consumption is projected to rise, most of the growth is expected to come from manmade fibers. The increase of natural fibers such as cotton and linen is limited due to natural boundaries. Manmade fibers will help to meet expanding demand for clothing, technical and home textiles. The strategic acquisition of Barmag will transform Rieter into a leading supplier for converting natural and manmade fibers into yarn.

The transaction is fully in-line with Rieter’s strategy and follows previous acquisitions, where Rieter complemented its portfolio in short-staple fiber machinery and expanded its footprint in components and machinery for manmade fiber production. The combined platform allows to leverage the recovery of global filament and short staple fiber spinning markets and to reduce cyclicality due to diversification of end-markets. The acquisition will further enhance Rieter’s position in the important Asia-Pacific region and provide access to Barmag’s filament expertise, which will help to further scale Rieter’s own capabilities and improve digitization solutions and product sustainability.

Rieter’s largest shareholder, Peter Spuhler (c. 33% shareholding) is supportive of the transaction and committed to participating in the rights-issue pro-rata by exercising its subscription rights as well as investing additional capital through the non-pre-emptive capital raise. After the capital increase, PCS Holding AG is expected to retain a shareholding of c. 33%.

Additionally, Rieter’s second-largest shareholder, Martin Haefner (c. 10%), also supports the transaction and has committed to participating pro-rata in the rights-issue by exercising its subscription rights and investing additional capital through the non-pre-emptive capital raise.

Source:

Rieter AG

Board of Directors of INDA and EDANA Photo (c) Inda & Edana
Board of Directors of INDA and EDANA
28.04.2025

INDA and EDANA Recommend New Entity - The Global Nonwovens Alliance

The Board of Directors of INDA and EDANA met this week to continue progress toward a vision of broad collaboration for the benefit of the industry detailed in a Letter of Intent signed by both organizations in September 2024.
 
This work has progressed to include a recommendation to incorporate a separate tax-exempt federation, the Global Nonwoven Alliance (GNA), with INDA and EDANA as the founding members. The purpose of this federation is to provide international leadership for the representation and responsible advancement of the global nonwovens industry (“Industry”) while respecting and benefiting its Members.
 
By aligning resources and expanding collaboration GNA will deliver a more unified and coordinated strategy toward the issues and opportunities faced by the Industry. GNA will enable enhanced programs and service value, reach and efficiency. These benefits will translate into increased local and regional benefits as well as drive innovation, operational efficiencies, and long-term industry growth.
 

The Board of Directors of INDA and EDANA met this week to continue progress toward a vision of broad collaboration for the benefit of the industry detailed in a Letter of Intent signed by both organizations in September 2024.
 
This work has progressed to include a recommendation to incorporate a separate tax-exempt federation, the Global Nonwoven Alliance (GNA), with INDA and EDANA as the founding members. The purpose of this federation is to provide international leadership for the representation and responsible advancement of the global nonwovens industry (“Industry”) while respecting and benefiting its Members.
 
By aligning resources and expanding collaboration GNA will deliver a more unified and coordinated strategy toward the issues and opportunities faced by the Industry. GNA will enable enhanced programs and service value, reach and efficiency. These benefits will translate into increased local and regional benefits as well as drive innovation, operational efficiencies, and long-term industry growth.
 
Under the proposed framework, INDA and EDANA will continue to operate as independent legal entities, maintaining their focus on regional markets and advocacy. They will also serve as founding members of GNA committed to leadership, staff and program coordination designed to enhance collaboration on cross-border industry priorities.
 
While some organizational details, transition provisions and approval timelines are being assessed by the INDA and EDANA Boards, both have expressed their strong support for the vision and purpose of GNA and are committed to responsibly advance this initiative.
 
INDA and EDANA remain committed to a transparent process, both for our members and the industry, and will provide regular updates as this work progresses.

Source:

INDA

14.03.2025

Lenzing Group continued recovery course in 2024

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, continued to improve its business performance in 2024 despite the expected slow market recovery. While Lenzing was able to significantly increase its sales volumes, the price level remained below that of the previous year. Logistics costs have risen significantly, and raw material and energy costs also remained high.

Revenue grew by 5.7 percent year-on-year to EUR 2.66 bn in 2024, mainly reflecting a higher level of revenue generated from fibers (+10 percent). The positive effects of the holistic performance program were the main factor driving the operating earnings trend. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 30.4 percent year-on-year to EUR 395.4 mn in 2024. The EBITDA margin increased from 12.0 percent to 14.8 percent. The operating result (EBIT) amounted to EUR 88.5 mn (compared with minus EUR 476.4 mn in 2023) and the EBIT margin stood at 3.3 percent (compared with minus 18.9 percent in 2023). The result before tax (EBT) amounted to minus EUR 42.0 mn (compared with minus EUR 585.6 mn in 2023).

The Lenzing Group, a provider of regenerated cellulose fibers for the textile and nonwoven industries, continued to improve its business performance in 2024 despite the expected slow market recovery. While Lenzing was able to significantly increase its sales volumes, the price level remained below that of the previous year. Logistics costs have risen significantly, and raw material and energy costs also remained high.

Revenue grew by 5.7 percent year-on-year to EUR 2.66 bn in 2024, mainly reflecting a higher level of revenue generated from fibers (+10 percent). The positive effects of the holistic performance program were the main factor driving the operating earnings trend. Earnings before interest, tax, depreciation and amortization (EBITDA) rose by 30.4 percent year-on-year to EUR 395.4 mn in 2024. The EBITDA margin increased from 12.0 percent to 14.8 percent. The operating result (EBIT) amounted to EUR 88.5 mn (compared with minus EUR 476.4 mn in 2023) and the EBIT margin stood at 3.3 percent (compared with minus 18.9 percent in 2023). The result before tax (EBT) amounted to minus EUR 42.0 mn (compared with minus EUR 585.6 mn in 2023).

Outlook
The IMF recently slightly upgraded its growth forecast for 2025 to 3.3 percent, but emphasizes the continued high extent of variation between regions as well as the high level of uncertainty. The latter is mainly due to geopolitical tensions, increasing protectionist tendencies, and a potential return of inflation.

In times of uncertainty, consumers are remaining cautious and thrifty, which is exerting a negative impact on consumer sentiment and on their propensity to spend.

The currency environment is expected to remain volatile in the regions relevant to Lenzing.

In the trend-setting market for cotton, analysts anticipate a slight increase of stock levels to around 18.7 mn tonnes in the current 2024/2025 harvest season, following a reduction of 0.9 mn tonnes in the previous season, according to preliminary estimates.
Earnings visibility remains limited overall.

Lenzing is still ahead of schedule with the implementation of the performance program. The company expects that the measures will also contribute to further earnings improvement in the coming quarters.

Taking the aforementioned factors into consideration, the Lenzing Group expects EBITDA to be higher in 2025 than in the previous year.
In structural terms, Lenzing continues to expect growth in demand for environmentally responsible fibers for the textile and apparel industry, as well as for the hygiene and medical sectors. As a consequence, Lenzing is very well positioned with its strategy and is driving ahead with not only profitable growth in specialty fibers but also the further expansion of its market leadership in the sustainability area.

More information:
Lenzing AG financial year 2024
Source:

Lenzing AG

StitchTogether National Seminar in Italy Photo by Euratex
02.03.2025

The StitchTogether National Seminar in Italy presents the Rome Declaration

On 19-20 February 2025, social partners from the Italian textile and fashion industry met in Rome to deepen their understanding of the upcoming EU legislations and their impact on the Italian textile industry, as well as to further discuss the next step in their effort for a more broad and effective social dialogue. In the context of the EU co-funded StitchTogether project, which aims at promoting social partnerships in the European Textiles and Clothing Industry, the meeting was also the occasion to draft the Rome Declaration: a joint statement to emphasise the social partners’ strong commitment to work together.

The meeting in Rome brought together representatives of the Italian textile industry, including the Italian employer association (Confindustria Moda), national trade unions (Femca-Cisl, Filctem-Cgil and Uiltec-Uil), regional clusters and companies to discuss the future of the industry. Together, they discussed the proposal for a sectoral industrial policy strategy to present to the Italian Government and the EU Commission for the support, consolidation and development of the textile-clothing supply chain.

On 19-20 February 2025, social partners from the Italian textile and fashion industry met in Rome to deepen their understanding of the upcoming EU legislations and their impact on the Italian textile industry, as well as to further discuss the next step in their effort for a more broad and effective social dialogue. In the context of the EU co-funded StitchTogether project, which aims at promoting social partnerships in the European Textiles and Clothing Industry, the meeting was also the occasion to draft the Rome Declaration: a joint statement to emphasise the social partners’ strong commitment to work together.

The meeting in Rome brought together representatives of the Italian textile industry, including the Italian employer association (Confindustria Moda), national trade unions (Femca-Cisl, Filctem-Cgil and Uiltec-Uil), regional clusters and companies to discuss the future of the industry. Together, they discussed the proposal for a sectoral industrial policy strategy to present to the Italian Government and the EU Commission for the support, consolidation and development of the textile-clothing supply chain.

The Rome Declaration includes a series of priorities, confirming social partners’ commitment in working together for a more competitive and fair Italian textile industry. The Declaration also calls upon the Italian Government and the European Union to support the upcoming transformation of the textile and clothing industries, technology and skills upgrades, regional development and just transition.

Says Judith Kirton-Darling, IndustriAll Europe's general secretary stated that “the Italian textile industry employs around 300,000 workers, or 24% of the European workforce in the textile and clothing sector, making it the largest in Europe. In a context of numerous challenges for the European textile industry, such as unfair globalization, green and digital transition, social dialogue is a real lever for improving working conditions and job security. We are committed alongside our Italian partners to a resilient and attractive textile industry in Italy”.

Dirk Vantyghem, EURATEX Director General, stressed that “Italy represents 36% of the total European textile and fashion industry; it is critically important therefore to maintain a strong Italian textile industry, which can be a benchmark for other countries. Combining quality, creativity and innovation is the recipe for success. This requires a dynamic company spirit, where employers and employees work hand in hand.”

Source:

Euratex

ZDHC: Recycled Polyester Guidelines (c) ZDHC
02.01.2025

ZDHC: Recycled Polyester Guidelines

ZDHC announced the publication of the Recycled Polyester Guidelines V1.0 and Industry Standard Implementation Approach V1.0.

The use of recycled polyester has grown increasingly, growing by 3.5% to 8.9 million tonnes in 2023. In order to support the fashion industry with a framework for sustainable chemical management in the production process for bottle-to-textile and textile-to-textile recycling processes, ZDHC has developed these transformative guidelines.

Objective:
The document sets requirements, across three chapters, for recycled polyester manufacturers on key chemicals used in recycled polyester processes, the recovery and reuse of these chemicals, safe chemical storage and handling, worker safety and the environmental impacts of commercially viable processes on wastewater, air and sludge.

Chapter 1
Input management covers bottle/textile feedstock and chemicals used as inputs in recycled polyester production.

Chapter 2
Process management covers best practices, including chemical recovery, safe storage and handling of chemicals for worker safety.

ZDHC announced the publication of the Recycled Polyester Guidelines V1.0 and Industry Standard Implementation Approach V1.0.

The use of recycled polyester has grown increasingly, growing by 3.5% to 8.9 million tonnes in 2023. In order to support the fashion industry with a framework for sustainable chemical management in the production process for bottle-to-textile and textile-to-textile recycling processes, ZDHC has developed these transformative guidelines.

Objective:
The document sets requirements, across three chapters, for recycled polyester manufacturers on key chemicals used in recycled polyester processes, the recovery and reuse of these chemicals, safe chemical storage and handling, worker safety and the environmental impacts of commercially viable processes on wastewater, air and sludge.

Chapter 1
Input management covers bottle/textile feedstock and chemicals used as inputs in recycled polyester production.

Chapter 2
Process management covers best practices, including chemical recovery, safe storage and handling of chemicals for worker safety.

Chapter 3
Output management covers emissions from wastewater, sludge and air from the production of recycled polyester fibre.

‍Expectations by ZDHC:
Brands should share these guidelines with their relevant suppliers and build in the request to implement these guidelines into their strategy and policies.
Suppliers should study these guidelines and take relevant actions to ensure implementation.
Solution providers should review the test methods and limits detailed in the guidelines.

More information:
recycled polyester ZDHC
Source:

ZDHC

11.11.2024

Indorama Ventures: Improved 3Q24 earnings while global demand remains lacklustre

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3 year IVL 2.0 strategy to enhance competitiveness and drive efficiencies.

Indorama Ventures reported Adjusted EBITDA  of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s unstinting focus on optimizing assets and reducing fixed costs. The quarter marks Indorama Ventures’ first YOY improvement for the year, with all three business segments recording earnings growth, following a prolonged industry downcycle marked by customer destocking and suppressed margins. Volumes remained steady for the Combined PET and Fibers segments, while Indovinya posted a robust performance amid a peak season in the Crop Solutions market.

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3 year IVL 2.0 strategy to enhance competitiveness and drive efficiencies.

Indorama Ventures reported Adjusted EBITDA  of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s unstinting focus on optimizing assets and reducing fixed costs. The quarter marks Indorama Ventures’ first YOY improvement for the year, with all three business segments recording earnings growth, following a prolonged industry downcycle marked by customer destocking and suppressed margins. Volumes remained steady for the Combined PET and Fibers segments, while Indovinya posted a robust performance amid a peak season in the Crop Solutions market.

Fibers reported Adjusted EBITDA of $48 million, a gain of 44% YoY, driven by improved industry spreads in Lifestyle and higher volumes in Mobility and Hygiene. Management is focused on reducing fixed costs and improving profitability across the entire portfolio and taking firm action to restore market share in key verticals.

Looking ahead, the global economic outlook remains uncertain amid continued inflation, geopolitical tension, and supply chain disruptions. However, throughout the downcycle, Indorama Ventures’ experienced management team has worked hard to optimize and deleverage the business under their IVL 2.0 evolved strategy to emerge stronger and drive enhanced earnings quality in a new era of sustainable profit growth. In 3Q24, this unrelenting focus delivered fixed-cost savings of $19 million, which will sequentially increase into next year as the benefits are fully realized. Operating rates for the group increased to 82% in the quarter—from 69% previously—as the company completed its planned optimization program for CPET and Indovinya, with Fibers under implementation.

The company’s digital transformation program is accelerating according to schedule following the implementation of the SAP S/4HANA ERP platform as a digital core. North America is already benefiting from an AI-based procurement solution, while the Connected Worker Platform is driving manufacturing excellence. The first sales and supply chain solutions are expected to go-live early next year.

Source:

Indorama Ventures Public Company Limited

10.11.2024

SGL Carbon: Business Report 3Q

Weak demand in some of their customer markets is increasingly hindering SGL Carbon's sales growth. After nine months in 2024, SGL Carbon generated sales of €781.9 million, which was slightly below the prior-year level at minus 4.8% (9M 2023: €821.7 million). Adjusted for currency and structural effects, Group sales decreased by 3.6%. Adjusted EBITDA, an important key figure for the Group, remained at a comparable level of €127.6 million in the reporting period (9M 2023: €130.0 million). Despite the slight decrease in sales, the adjusted EBITDA margin improved from 15.4% in Q1 and 16.7% in Q2 to 16.9% in Q3 and amounted to 16.3% after nine months (9M 2023: 15.8%). The reasons for the improved adjusted EBITDA margin are, in particular, product mix effects in the Graphite Solutions and Process Technology business units. By contrast, the ongoing weakness in demand and the associated price pressure for carbon and textile fiber products in the Carbon Fibers business unit continued to weigh on the Group's sales and earnings development.

Weak demand in some of their customer markets is increasingly hindering SGL Carbon's sales growth. After nine months in 2024, SGL Carbon generated sales of €781.9 million, which was slightly below the prior-year level at minus 4.8% (9M 2023: €821.7 million). Adjusted for currency and structural effects, Group sales decreased by 3.6%. Adjusted EBITDA, an important key figure for the Group, remained at a comparable level of €127.6 million in the reporting period (9M 2023: €130.0 million). Despite the slight decrease in sales, the adjusted EBITDA margin improved from 15.4% in Q1 and 16.7% in Q2 to 16.9% in Q3 and amounted to 16.3% after nine months (9M 2023: 15.8%). The reasons for the improved adjusted EBITDA margin are, in particular, product mix effects in the Graphite Solutions and Process Technology business units. By contrast, the ongoing weakness in demand and the associated price pressure for carbon and textile fiber products in the Carbon Fibers business unit continued to weigh on the Group's sales and earnings development.

“Even with our diversified product portfolio, we can no longer completely withdraw from the generally weak economic environment. In addition, there was a decline in demand for specialty graphite products for the semiconductor industry in the third quarter. In particular, our products for the manufacture of silicon carbide-based semiconductors are suffering from the restrained demand for electric vehicles on the customer side,” explains CEO Dr. Torsten Derr. “While the last 18 months were characterized by enormous demand for silicon carbide semiconductors and insufficient production capacities, the market has cooled down significantly. Due to a lack of demand from the automotive industry, our semiconductor customers have significantly reduced order volumes. We do not expect to see a significant upturn in demand for our specialty graphite products until the sales figures for electric vehicles pick up again.”

Based on the adjusted EBITDA of €127.6 million and taking into account depreciation and amortization of €41.0 million (9M 2023: €43.3 million) and one-off effects as well as non-recurring items of minus €18.3 million (9M 2023: minus €47.2 million), EBIT after nine months of 2024 will be €68.3 million (9M 2023: €39.5 million). The one-off effects and non-recurring items result, among other things, from the restructuring measures at Carbon Fibers and the Battery Solutions business line as well as from expenses for a strategy project. When comparing with the previous year, it should be noted that the first nine months of 2023 were disproportionately affected by an impairment loss on the assets of Carbon Fibers (€44.7 million).

Development of the business units
The Carbon Fibers business unit's sales for the first nine months of 2024 amounted to €157.1 million, significantly below the figure of €179.6 million for the prior-year period. The decline is due in particular to the continued weak demand from the wind industry and to the increasing competitive pressure resulting from global overcapacities for carbon and textile fibers.

Idle production capacities and the associated lack of fixed cost absorption as well as declining margins for commodity products led to a further deterioration in the adjusted EBITDA of the Carbon Fibers. The adjusted EBITDA of the Carbon Fibers business unit fell to minus €7.9 million in the first nine months of 2024 (9M 2023: €3.2 million). It should be noted that the adjusted EBITDA of the Carbon Fibers business unit includes an earnings contribution of €11.6 million from the joint venture BSCCB, which is accounted for At-Equity (9M 2023: €14.1 million). Excluding this contribution from the At-Equity accounted BSCCB, the adjusted EBITDA of Carbon Fibers would have been minus €19.6 million (9M 2023: minus €10.5 million).

SGL Carbon assumes that demand for carbon fibers will not recover in the coming months and that the realizable prices for these products will remain at a low level beyond 2025. Therefore, SGL Carbon anticipates that the expected improvement in sales and earnings for the Carbon Fibers segment will be delayed and is revising its existing mid-term planning for this segment. Due to the expected deviation, an ad hoc impairment test is currently being carried out. This indicates a non-cash impairment charge of €60–80 million, which will be recognized in Q4 2024. The structured transaction process initiated for Carbon Fibers is still ongoing.

Sales in the Composite Solutions business unit amounted to €95.8 million in the first nine months of 2024, down 16.2% (9M 2023: €114.3 million). The decline is due in particular to the early termination of a project-related supply contract with an automotive customer. Furthermore, the lower sales figures for electric vehicles are also having an impact on Composite Solutions.

Adjusted EBITDA in Composite Solutions fell from €16.6 million in the prior-year period to €10.7 million (minus 35.5%), due in particular to lower volumes. The adjusted EBITDA margin weakened accordingly to 11.2% (9M 2023: 14.5%).

Outlook
Macroeconomic conditions, lower than expected sales volumes in some customer groups and price pressure for commodity products are increasingly hindering SGL Carbon's growth ambitions. Thomas Dippold, CFO of SGL Carbon, explains: “Due to the diverse and diversified industrial applications of our products and our strict cost management, we continue to expect to achieve our guidance for 2024 at the lower end of the range of €160–170 million. The coming months will not be easier. We need to prepare for a flat demand development in some of our sales markets.”

More information:
SGL Carbon business report
Source:

SGL Carbon SE

08.11.2024

EDANA hosts Sustainability Forum 2024: Pathways to a Greener Future

EDANA, the global association for the nonwovens and related industries, concluded its annual Sustainability Forum at the KBR Royal Library of Belgium in Brussels. This year's forum, themed “Building a Sustainable Future Together,” featured a series of keynote addresses, panel discussions, and collaborative sessions focused on environmental responsibility, corporate social responsibility, and circular economy innovations within the nonwovens sector. With an agenda that bridged policy and practice, the Forum highlighted the latest advancements and strategies aimed at tackling climate change, reducing waste, and enhancing sustainability practices.

EDANA, the global association for the nonwovens and related industries, concluded its annual Sustainability Forum at the KBR Royal Library of Belgium in Brussels. This year's forum, themed “Building a Sustainable Future Together,” featured a series of keynote addresses, panel discussions, and collaborative sessions focused on environmental responsibility, corporate social responsibility, and circular economy innovations within the nonwovens sector. With an agenda that bridged policy and practice, the Forum highlighted the latest advancements and strategies aimed at tackling climate change, reducing waste, and enhancing sustainability practices.

Keynote Highlights
The forum featured two keynote speakers: Ana Rovzar, Founder of Polygon AR, opened the Forum with a keynote on the accelerating transition to clean energy. In her speech, she discussed the shift from conventional energy investments to renewables, noting a 50% growth in renewables in 2023 alone. “It is accelerating much faster than people think” she remarked, emphasizing that “real progress requires a united front from governments, businesses, and communities to remove regulatory and technological barriers”.

In another keynote, sustainability expert Mike Barry, formerly of Marks & Spencer, stressed the importance of aligning corporate strategy with sustainability. “Citizens see climate change as a top priority, and companies must act boldly to reduce emissions, especially Scope 3”, he said. “Sustainability is now a vital part of brand identity, and consumers expect more transparency and commitment than ever”.

Innovative Industry Perspectives and EU Policy Impacts
Brieuc Lits, Public Affairs Director at EDANA, examined the potential effects of the EU Green Deal on the nonwovens industry. “The EU’s shift towards balancing sustainability with competitiveness will shape not only policy but the very framework within which we operate”, he noted, emphasizing that the sector must adapt to stay competitive and aligned with regulatory expectations.

Lastly, Paolo Haeusermann, Senior Brand Director and Europe Sustainability Leader at Procter & Gamble, shared insights on advancing sustainability in absorbent hygiene products and emphasized the importance of these items. “We are talking about essential products in people’s lives”, he remarked.

Corporate and Product Sustainability: A Deep Dive
Several industry leaders shared insights on integrating sustainability at every level of business. Carsten Ruff from Nitto Advanced Film Solutions discussed the challenges and strategies of embedding sustainability in corporate culture, particularly in a multinational setting. “Sustainability is not a contradiction to industrial applications; it’s a powerful driver of innovation”, he observed.

Martijn Gipmans from Sphera Solutions highlighted the business value of transparency and life-cycle assessments (LCA). “LCA and transparent ESG reporting can catalyse both business growth and environmental progress”, he explained, stressing the importance of integrated sustainability assessments to reduce the carbon footprint of entire product portfolios.

Christophe Morel-Fourrier, Sustainability Leader for Hygiene, Packaging, and Converting Adhesives at Bostik, introduced the Archimedes tool as a strategic asset for Portfolio Sustainability Assessment. “Archimedes allows us to make transparent, informed decisions that align with our long-term sustainability goals”, he explained. He highlighted that this tool helps companies evaluate the sustainability of their product portfolios, empowering them to make impactful choices that support environmental goals.

The Path Forward: Advancing Circularity and Green Innovation
One of the most discussed topics was the industry's transition toward a circular economy. Albert Hammerschmied from Freudenberg Performance Materials highlighted the importance of post-industrial waste in achieving circularity, particularly in the automotive sector. “The potential for nonwovens in the automotive circular economy is vast, but requires industry-wide collaboration”, he commented.

In a session addressing the future of sustainable practices in building insulation, Alexandre Butté of ANDRITZ Laroche emphasized the importance of sustainable materials and collaboration among stakeholders. “The building industry faces unique sustainability challenges, but with innovation and eco-friendly materials, we can bridge the gap between goals and achievable practices”, he said.

Building a Sustainable Health Sector
Danielle van Horzen, Global Marketing Manager for Hygiene and Healthcare at SABIC, discussed advanced recycling solutions in the healthcare sector. Addressing the challenges of medical waste recycling, she stated, “A significant amount of medical waste is not contaminated, offering us opportunities to create circularity in healthcare.” She pointed to the potential for advanced chemical recycling to enable circular models, helping to tackle the pressing issue of sustainable medical waste management.

The day concluded with a session on the circular potential within healthcare. Kristien Depraetere, Sustainability Coordinator at UZ Leuven, outlined sustainable practices in hospitals, from waste reduction to advanced recycling in medical waste. “Healthcare can lead by example in the transition to circularity, yet we need practical and legislative support to address unique industry challenges”.

Visit to the European Commission
The third day of EDANA’s Sustainability Forum 2024 concluded with an insightful visit to the European Commission, offering attendees a unique opportunity to engage directly with policymakers and gain firsthand insights into the EU's sustainability agenda. Hosted at the Charlemagne Building, discussions centered on pivotal elements of the EU Green Deal, including the establishment of Extended Producer Responsibility (EPR), the scope and implementation of the Single-Use Plastics Directive (SUPD), and the Ecodesign for Sustainable Products Regulation.

Featuring presentations from prominent EU officials like Vicenzo Gente and Werner Bosmans, attendees delved into how these regulations are shaping sustainability strategies across industries. Bridging policy and practice emerged as essential, reinforcing the forum’s dedication to aligning industry actions with current EU regulatory frameworks. The session offered a strong conclusion to the event, reinforcing a shared commitment to a sustainable future in collaboration with EU leaders and regulatory bodies.

More information:
Edana nonwovens green materials
Source:

EDANA

02.10.2024

Indorama Ventures concentrates yarn production in Italy

Indorama Ventures concentrates large parts of its high-performance polyester filament yarn production for the European textile industry around 100km west to Milan, Italy.

By transferring current German production and bundling the company’s spinning, draw texturizing and dyeing expertise in Sandigliano and its neighboring site in Saluzzo, Indorama Ventures executes on its strategy to transform its global asset network into a focused footprint that can serve volatile markets.

European textile filament customers will benefit from efficient, reliable supply of high-quality, colored, spun and package dyed, as well as functional yarns for a vast range of applications in customized quantities. End use applications are, among others, in apparel, home textile, woven label and automotive interior markets.

Indorama Ventures concentrates large parts of its high-performance polyester filament yarn production for the European textile industry around 100km west to Milan, Italy.

By transferring current German production and bundling the company’s spinning, draw texturizing and dyeing expertise in Sandigliano and its neighboring site in Saluzzo, Indorama Ventures executes on its strategy to transform its global asset network into a focused footprint that can serve volatile markets.

European textile filament customers will benefit from efficient, reliable supply of high-quality, colored, spun and package dyed, as well as functional yarns for a vast range of applications in customized quantities. End use applications are, among others, in apparel, home textile, woven label and automotive interior markets.

“While European customers value our expertise and supply capabilities from within the region, they also expect us to be highly cost competitive”, explains Vipin Kumar, Chief Operating Officer of Indorama Ventures’ fibers business. “Consolidating our capabilities will be most efficient moving forward and allow us to continuously serve our European customers with highly specialized and proven quality-products and services competitively.”

The company’s twisting and air texturizing processes will continue to be performed out of Bulgaria.

Source:

Indorama Ventures

Freudenberg at Fachpack 2024 (c) Freudenberg Performance Materials
Evolon® The Food Bag
20.08.2024

Freudenberg at Fachpack 2024

Freudenberg Performance Materials (Freudenberg) will present packaging solutions with various sustainability benefits at Fachpack 2024 in Nuremberg, Germany, from September 24-26. The range of exhibited products includes Evolon® microfilament textiles for reusable technical packaging of sensitive industrial parts, bio-based nonwoven materials for desiccant bags, and Evolon® The Food Bag – a solution for food preservation.

Freudenberg’s innovative Evolon® technical packaging product line will emphasize the company’s commitment to sustainability. Evolon® offers enhanced surface protection for various kinds of sensitive industrial parts, including molded plastics and painted components. It is notable for its durability and high recycled PET content. The microfilament fabric serves as an eco-friendly alternative to single-use packaging, particularly in the transportation of sensitive industrial goods such as automotive parts. Evolon®'s protective qualities reduce damage during transport and lower the rejection rate.

Freudenberg Performance Materials (Freudenberg) will present packaging solutions with various sustainability benefits at Fachpack 2024 in Nuremberg, Germany, from September 24-26. The range of exhibited products includes Evolon® microfilament textiles for reusable technical packaging of sensitive industrial parts, bio-based nonwoven materials for desiccant bags, and Evolon® The Food Bag – a solution for food preservation.

Freudenberg’s innovative Evolon® technical packaging product line will emphasize the company’s commitment to sustainability. Evolon® offers enhanced surface protection for various kinds of sensitive industrial parts, including molded plastics and painted components. It is notable for its durability and high recycled PET content. The microfilament fabric serves as an eco-friendly alternative to single-use packaging, particularly in the transportation of sensitive industrial goods such as automotive parts. Evolon®'s protective qualities reduce damage during transport and lower the rejection rate.

Additionally, Evolon® ESD (electro-static discharge) materials address the need for specialized packaging of sensitive electronic components by providing customizable permanent electro-static discharge protection in additional to surface protection.

Evolon® The Food Bag
Freudenberg will also be exhibiting a packaging product for food preservation in the home. Evolon® The Food Bag extends the shelf life of vegetables, fruits and bread by providing great moisture and climate management. The innovative bag was a finalist in the 2020 Zu gut für die Tonne!  prize (“Too Good For The Bin”), part of the National Strategy for Food Waste Reduction launched by Germany’s Federal Ministry of Food and Agriculture (BMEL).

Sustainable nonwoven materials for desiccant bags
A further highlight at Fachpack 2024 will be nonwoven materials for manufacturing desiccant bags. In addition to conventional fully synthetic materials, Freudenberg’s product range includes sustainable bio-based wetlaid nonwovens which are binder-free and industrially compostable.

Source:

Freudenberg Performance Materials Holding GmbH

05.08.2024

Spinnova and ECCO: Plans for joint venture company Respin Oy

Spinnova Plc and ECCO Investment Corporation have signed a Letter of Intent (LOI) regarding the future plans for their 50/50 owned joint venture company Respin Oy. The development work of Respin’s leather waste-based fibre has shown good quality results during the current year. ECCO has successfully made a prototype shoe, which includes fibre from the Respin pilot line produced using Spinnova technology. A product launch by ECCO, using the fibre produced by Respin, is expected to take place before the end of Q1/2025.

Spinnova and ECCO see significant opportunities in scaling up Respin’s production volumes to a commercial level. According to the LOI, both parties are committed to scaling up operations and will work together in order to achieve a final decision, at the latest, by the end of Q1/2025 on how to proceed with the production scaling and commercialisation of Respin.

Spinnova Plc and ECCO Investment Corporation have signed a Letter of Intent (LOI) regarding the future plans for their 50/50 owned joint venture company Respin Oy. The development work of Respin’s leather waste-based fibre has shown good quality results during the current year. ECCO has successfully made a prototype shoe, which includes fibre from the Respin pilot line produced using Spinnova technology. A product launch by ECCO, using the fibre produced by Respin, is expected to take place before the end of Q1/2025.

Spinnova and ECCO see significant opportunities in scaling up Respin’s production volumes to a commercial level. According to the LOI, both parties are committed to scaling up operations and will work together in order to achieve a final decision, at the latest, by the end of Q1/2025 on how to proceed with the production scaling and commercialisation of Respin.

In line with Spinnova’s strategy and the Respin joint venture agreement, Spinnova will be the technology provider for any production scale-up. Furthermore, as stated in Spinnova’s strategy, Spinnova does not itself expect to raise further external financing to fund the increase in Respin’s production capacity.

More information:
Spinnova Leather Respin Oy
Source:

Spinnova Plc

Lenzing appoints new Executive Vice President of Commercial Textiles (c) Kit Ping Au Yeung
Kit-Ping Au Yeung, Executive Vice President of Commercial Textiles, Lenzing AG
05.07.2024

Lenzing appoints new Executive Vice President of Commercial Textiles

Lenzing Group announces the appointment of Kit Ping Au-Yeung as the Executive Vice President of Commercial Textiles with immediate effect. This strategic leadership appointment highlights Lenzing’s commitment to strengthen its integral leadership roles and fuel the growth of its core textile businesses. Kit Ping succeeds Florian Heubrandner, who will take on a new role as Executive Vice President of Filament to reinforce the expansion of Lenzing’s global filament business.

Lenzing Group announces the appointment of Kit Ping Au-Yeung as the Executive Vice President of Commercial Textiles with immediate effect. This strategic leadership appointment highlights Lenzing’s commitment to strengthen its integral leadership roles and fuel the growth of its core textile businesses. Kit Ping succeeds Florian Heubrandner, who will take on a new role as Executive Vice President of Filament to reinforce the expansion of Lenzing’s global filament business.

In her new role, Kit Ping will be leading the expansion strategy and development of Lenzing’s textiles business, which comprises of fiber offerings under the flagship TENCEL™ and LENZING™ ECOVERO™ brands. With decades of experience working with partners across the textile value chain, Kit Ping will continue to foster the development of Lenzing’s textile business through driving innovative fiber and application solutions for customers, and ultimately bring benefits to consumers. Prior to joining Lenzing, Kit Ping held several regional and global commercial and operational leadership roles at Coats Group, as well as more recently at Amann Group. Her experience will add value to Lenzing’s core business, affirming Lenzing’s dedication to driving a positive impact across the industry ecosystem.

From 1 July 2024 onward, Florian Heubrandner will focus on driving the strategy and expansion of Lenzing’s filament business with his established expertise in the value chain. He will work alongside Lenzing’s Research and Development and Engineering teams to establish filament as a separate business with a strong focus on innovation and growth.

Source:

Lenzing AG

12.03.2024

Polartec: New Initiative “Beyond Begins Today”

Since inventing the first fleece crafted from recycled plastic water bottles more than three decades ago, Polartec®, a Milliken & Company brand, and the creator of innovative and more sustainable textile solutions, has upheld its pledge to protect the environment.

With its new Beyond Begins Today initiative, Polartec aims to raise awareness around the important global themes of sustainability, diversity and positive change.

Polartec is engaged to make the goal of zero waste a reality – from using 100% recycled and plant-based materials, to delivering certified waste reductions and innovative technologies that reduce the impact of its activities.

Since inventing the first fleece crafted from recycled plastic water bottles more than three decades ago, Polartec®, a Milliken & Company brand, and the creator of innovative and more sustainable textile solutions, has upheld its pledge to protect the environment.

With its new Beyond Begins Today initiative, Polartec aims to raise awareness around the important global themes of sustainability, diversity and positive change.

Polartec is engaged to make the goal of zero waste a reality – from using 100% recycled and plant-based materials, to delivering certified waste reductions and innovative technologies that reduce the impact of its activities.

Beyond Begins Today is a multifaceted campaign featuring static and multimedia content, including short films released throughout the year via multiple touchpoints and channels – the first of which will be released on Earth Day 2024 to underscore the underlying premise that the future is what we make it. Polartec’s commitment to sustainable solutions go beyond the integration of increasingly advanced manufacturing methods or the ongoing exploration of novel fibers, and continued investments in sustainable materials development.

Polartec’s promises that every product launches in 2024 will either reduce the impact on the planet, endure the test of time, or contribute to circularity processes. Beyond Begins Today looks at how Polartec fabrics are made to last, and made to be used and enjoyed from one generation to the next and beyond. It explores the innovative monomaterials, repurposed plastic and plant-based nylon membranes and fabrics that Polartec uses to set new standards for high performance materials and the ambitious climate-related objectives across the entire value chain that exceed existing mandates. This holistic strategy shall allow Polartec to stay at the forefront of its industry by producing top-notch textiles that champion environmental stewardship and pave the way for a more sustainable tomorrow.

Source:

Akimbo Communications for Polartec

Julien Born Photo HeiQ Materials AG
Julien Born
16.02.2024

Julien Born new CEO of HeiQ AeoniQ Holding

HeiQ AeoniQ Holding, a subsidiary of HeiQ Group, is appointing Julien Born as its CEO, leveraging his extensive executive leadership and profound textile industry expertise cultivated in prestigious organizations such as DuPont, KOCH Industries, and The LYCRA Company, where he served as CEO since 2021. Julien Born will champion the growth of the cellulosic filament fiber HeiQ AeoniQ™.

The HeiQ AeoniQ™ technology is poised for commercial production at the inaugural manufacturing facility in Portugal by the close of 2025. The just concluded €5M acquisition of land and buildings, within a 2-year project total investment of €80M, marks a pivotal milestone for the 15,000m2 facility in Maia, Porto. Situated strategically in Portugal's textile hub and a mere 20 minutes from a major commercial port, this facility is poised to catalyze the scale-up phase of the business, going from pilot manufacture to mass production when it wants to compete at full-scale on cost and performance with fossil fuel-based fibers.

HeiQ AeoniQ Holding, a subsidiary of HeiQ Group, is appointing Julien Born as its CEO, leveraging his extensive executive leadership and profound textile industry expertise cultivated in prestigious organizations such as DuPont, KOCH Industries, and The LYCRA Company, where he served as CEO since 2021. Julien Born will champion the growth of the cellulosic filament fiber HeiQ AeoniQ™.

The HeiQ AeoniQ™ technology is poised for commercial production at the inaugural manufacturing facility in Portugal by the close of 2025. The just concluded €5M acquisition of land and buildings, within a 2-year project total investment of €80M, marks a pivotal milestone for the 15,000m2 facility in Maia, Porto. Situated strategically in Portugal's textile hub and a mere 20 minutes from a major commercial port, this facility is poised to catalyze the scale-up phase of the business, going from pilot manufacture to mass production when it wants to compete at full-scale on cost and performance with fossil fuel-based fibers.

HeiQ intends to consolidate the Group’s current and future activities in Portugal at the newly acquired site. This includes Shared Service Center functions as well as the Innovation Hub for the HeiQ Textile & Flooring business unit.

The recent addition of Julien Born to lead the charge follows the nomination of Robert van de Kerkhof to the HeiQ Board, a seasoned executive with extensive textile experience holding positions as CCO, CSO, Board member of Lenzing Plc, and Chairman of CIRFS, the European Man-Made Fibres Association. Robert will also serve as the Chairman of the HeiQ AeoniQ Holding Board.

HeiQ AeoniQ Holding, established as an independent subsidiary to attract new investors, value-chain partners, and brands, embarks on an ambitious multi-year scale-up strategy. This strategy involves integrating diverse sources of bio-derived feedstock and hyper-scaling cellulosic filament fiber production capacity over the next decade, targeting industries such as apparel, footwear, automotive, home textiles, and aeronautics.

Source:

HeiQ Materials AG

(c) Swiss Textile Machinery Swissmem
16.02.2024

Recycled fibres: Swiss manufacturers for circularity

Many end-users now expect recycled materials to be in textile products they purchase – and this is driving innovation throughout the industry. However, there are still many technical and economic issues facing yarn and fabric producers using recycled resources. Members of the Swiss Textile Machinery Association offer some effective solutions to these challenges.

Synthetic recycled materials such as PET can usually be treated similarly to new yarn, but there are additional complexities where natural fibres like wool and cotton are involved. Today, there’s a trend towards mechanically recycled wool and cotton fibres.

Many end-users now expect recycled materials to be in textile products they purchase – and this is driving innovation throughout the industry. However, there are still many technical and economic issues facing yarn and fabric producers using recycled resources. Members of the Swiss Textile Machinery Association offer some effective solutions to these challenges.

Synthetic recycled materials such as PET can usually be treated similarly to new yarn, but there are additional complexities where natural fibres like wool and cotton are involved. Today, there’s a trend towards mechanically recycled wool and cotton fibres.

Spinning recycled cotton
The use of mechanically recycled fibres in spinning brings specific quality considerations: they have higher levels of short fibres and neps – and may often be colored, particularly if post-consumer material is used. It’s also true that recycled yarns have limitations in terms of fineness. The Uster Statistics 2023 edition features an extended range of fibre data, supporting sustainability goals, including benchmarks for blends of virgin and recycled cotton.
In general, short fibres such as those in recycled material can easily be handled by rotor spinning machines. For ring spinning, the shorter the fibres, the more difficult it is to guide them through the drafting zone to integrate them into the yarn body. Still, for wider yarn counts and higher yarn quality, the focus is now shifting to ring spinning. The presence of short fibres is a challenge, but Rieter offers solutions to address this issue.

Knitting recycled wool
For recycling, wool fibres undergo mechanical procedures such as shredding, cutting, and re-spinning, influencing the quality and characteristics of the resulting yarn. These operations remove the natural scales and variations in fibre length of the wool, causing a decrease in the overall strength and durability of the recycled yarn. This makes the yarn more prone to breakage, especially under the tension exerted during knitting.

Adapting to process recycled materials often requires adjustments to existing machinery. Knitting machines must be equipped with positive yarn suppliers to control fibre tension. Steiger engages in continuous testing of new yarns on the market, to check their suitability for processing on knitting machines. For satisfactory quality, the challenges intensify, with natural yarns requiring careful consideration and adaptation in the knitting processes.

From fibres to nonwovens
Nonwovens technology was born partly from the idea of recycling to reduce manufacturing costs and to process textile waste and previously unusable materials into fabric structures. Nonwovens production lines, where fibre webs are bonded mechanically, thermally or chemically, can easily process almost all mechanically and chemically recycled fibres.

Autefa Solutions offers nonwovens lines from a single source, enabling products such as liners, wipes, wadding and insulation to be produced in a true closed loop. Fibres are often used up to four times for one product.

Recycling: total strategy
Great services, technology and machines from members of Swiss Textile Machinery support the efforts of the circular economy to process recycled fibres. The machines incorporate the know-how of several decades, with the innovative power and quality standards in production and materials.
Stäubli’s global ESG (environmental, social & governance) strategy defines KPIs in the context of energy consumption, machine longevity and the recycling capacity in production units worldwide, as well in terms of machinery recyclability. The machine recyclability of automatic drawing in machines, weaving systems and jacquard machines ranges from 96 to 99%.

Source:

Swiss Textile Machinery Swissmem

Operning ceremony Perlon Goa Foto Perlon
02.02.2024

Perlon: New plant in Goa

Perlon® – The Filament Company, a manufacturer of synthetic filaments headquartered in Munderkingen, Germany, celebrated the opening of its new plant in Goa, India. The event marked a significant milestone in Perlon®‘s global expansion strategy and underlines the company’s commitment to growth and innovation.

The plant in Goa was made possible by the recent acquisition of Shaun Filaments, a renowned Indian manufacturer of filaments. The integration of the Shaun Filaments production facility into the Perlon® Group not only offers the opportunity to strengthen market presence, but also to expand capacities and improve production processes.

The Perlon® plant in Goa will play a key role in the production of synthetic filaments for various industries, including paper, technical textiles, brushes, cosmetics and dental care. The acquisition of Shaun Filaments brings not only experienced professionals but also established production lines and technologies to the company.

Perlon® – The Filament Company, a manufacturer of synthetic filaments headquartered in Munderkingen, Germany, celebrated the opening of its new plant in Goa, India. The event marked a significant milestone in Perlon®‘s global expansion strategy and underlines the company’s commitment to growth and innovation.

The plant in Goa was made possible by the recent acquisition of Shaun Filaments, a renowned Indian manufacturer of filaments. The integration of the Shaun Filaments production facility into the Perlon® Group not only offers the opportunity to strengthen market presence, but also to expand capacities and improve production processes.

The Perlon® plant in Goa will play a key role in the production of synthetic filaments for various industries, including paper, technical textiles, brushes, cosmetics and dental care. The acquisition of Shaun Filaments brings not only experienced professionals but also established production lines and technologies to the company.

Florian Kisling, CEO of Perlon®, expressed his enthusiasm about the successful purchase: “The opening of this plant in Goa is a crucial step in our global growth strategy. We are proud to strengthen our presence in Asia while delivering the quality and innovation that Perlon® is known for worldwide.”

Source:

Perlon

04.09.2023

Spinnova reviews strategy: New licensing models

Spinnova has decided to evaluate its existing strategy to prioritise areas that in the short- to medium-term deliver the fastest time to positive cashflow generation and that create the most value for the company’s stakeholders.
 


The company expects to conclude the assessment of its strategy in the coming months, after which the results will be presented in more detail including key actions and any changes to medium- and long-term business targets. Financial guidance for full year 2023 is unchanged.

Spinnova has decided to evaluate its existing strategy to prioritise areas that in the short- to medium-term deliver the fastest time to positive cashflow generation and that create the most value for the company’s stakeholders.
 


The company expects to conclude the assessment of its strategy in the coming months, after which the results will be presented in more detail including key actions and any changes to medium- and long-term business targets. Financial guidance for full year 2023 is unchanged.

Spinnova’s unique sustainable technology is a key differentiator. To recognize the value of its technology offering, the company has decided to review opportunities to expand the licensing of its technology to new customers. In the future, Spinnova sees great potential in developing circular raw materials such as textile waste and agricultural waste, as well as recycled SPINNOVA® fibre. Initial tests show that refining these raw materials into micro fibrillated cellulose (MFC) may be more efficient than refining other raw materials Spinnova has worked with. The company has received significant interest from customers wanting to build plants that convert multiple circular raw materials into SPINNOVA® fibre.

Together with Suzano, Spinnova is gathering the learnings from the first Woodspin plant to support the decision making for the next Woodspin factory investment. At the same time Spinnova continues to further develop the technology concept to reduce capital expenditure per tonne of fibre produced compared to the first Woodspin plant. While Suzano develops its MFC process it is expected that the first Woodspin facility will mainly be used for R&D to test new MFC batches and that commercial production volumes will be limited in the short term. The market opportunity and ambition level with Suzano to scale Woodspin’s production capacity remains unchanged

Spinnova will continue to have the option to invest into all future Woodspin and Respin plants, as per the respective joint venture agreements. The company will evaluate whether it participates in these investments based on the value it creates for Spinnova’s shareholders compared to other opportunities to invest Spinnova’s capital. Regardless of whether Spinnova invests its own capital into future plants, Spinnova will continue to be the exclusive technology provider to Woodspin and Respin, and they will continue to be important technology customers of Spinnova.

More information:
Spinnova strategy paper licensing
Source:

Spinnova