From the Sector

• IDEA22 Training: Nonwovens’ premier industry-focused learning opportunities!

IDEA®22 is just days away – but it’s not too late to register to attend, or to sign up to take INDA’s Essentials of Nonwovens training courses. Become fully immersed in the world of nonwovens with courses that will bring you up-to-the-minute on technologies, industry segments and more. Learn face-to-face, in a forum where you can ask questions and meet new colleagues. For product developers, marketing managers, technical sales or support professionals – the Essential series lives up to its name.

Essentials of nonwovens courses at IDEA®22

• Absorbent Hygienie Cores
• Making Nonwovens
• Industrial Wipes
• Consumer Wet Wipes

Reifenhäuser Cast Sheet Coating - specialists for cast film, sheet extrusion and extrusion coating lines - will showcase a new production process for cost-effective film/nonwoven composites with an exceptionally low grammage at ICE (International Converting Exhibition) Europe. The leading international trade show for paper, film, and foil conversion and processing will be held at Messe München (Munich trade fair center) from March 15-17, 2022.

The Covid-19 pandemic and current supply shortages have exposed the dependence of companies on global supply chains. This situation is both a warning signal and an opportunity to boost and reorganize the local production of semi-finished products from the ground up. Reifenhäuser Cast Sheet Coating has now developed a trend-setting production process termed Ultrathin Coating, in particular for the sector of medical protective clothing. The process will permit customers to produce particularly lightweight film/nonwoven composites with greater cost efficiency and, as a result, more competitively. The patent-pending process has several advantages: It cuts film grammage by 66%; material consumption in the overall composite is reduced by 28%; and it slashes costs by up to 34% compared to conventional semi-finished products. Significant cost savings are achieved in various ways, for example, by replacing hotmelt adhesives, which reduces line maintenance to a great extent at the same time.

Mark Borutta, Sales & Marketing Specialist bei Reifenhäuser Cast Sheet Coating, erklärt: „Wir erleben derzeit einen nachhaltig wachsenden Mehrbedarf für medizinische Schutzbekleidung verbunden mit einer Rückholstrategie für lokale Produktionskapazitäten. Vor diesem Hintergrund erzielen Produzenten mit ‚Ultrathin Coating‘ einen schnellen Return on Invest und hohe Profitabilität – auch bei einer Produktion innerhalb Europas.“ Die Vlies-erfahrene Schwesterfirma Reifenhäuser Reicofil –führender Hersteller von Vliesstoffanlagen – hat die Entwicklung unterstützt.

Mark Borutta, Sales & Marketing specialist at Reifenhäuser Cast Sheet Coating, explains: "We are currently experiencing a sustained increase in demand for medical protective clothing combined with a return strategy for local production capacity. Against this backdrop, producers achieve a fast return on investment and high profitability with Ultrathin Coating - even when production is based in Europe." The sister company, Reifenhäuser Reicofil, an experienced and global leading manufacturer of nonwoven lines, provided their support to the development.

Even if manufacturers already produce medical protective clothing and prefer to handle the coating process internally in the future instead of importing the necessary composites, it is worthwhile to set up an in-house production facility. In either case, the investment in Ultrathin Coating usually pays for itself in less than 12 months. The lower material input also reduces the consumption of fossil raw materials and this in turn responds to the increased demand for more sustainable products.

• In a meeting dedicated to reviewing the association’s 2021 figures, validating ambitious projects, and preparing for the future, beyond this year’s final celebrations of its 50th Anniversary, the Board of EDANA appointed Mr Murat Dogru as Deputy General Manager.

The governors also confirmed that Murat will take over from Pierre Wiertz as General Manager, from 1st July 2022 onwards. Pierre will then officially retire after 18 years in this position and a 39 year long career at EDANA.

Mr. Dogru, 42 years old, holds an MSc in Advertising and Communications and has over 10 years of association management experience through various management consultancy positions within MCI, following 5 years as advertising sales executive for The Economist. He is fluent in English and French, with an excellent command of Arabic and Turkish.

“My experience in association management, from technology sectors to healthcare, via societies of engineers, researchers and medical doctors, has brought me a drive and passion for responding to members’ needs in fast-moving environments”, said Dogru. “I am very much looking forward to learning from the EDANA member companies and the expert staff and building on the great assets and strengths of the association, to lead it through the turbulent times facing the industry, with raw materials, energy and transportation costs, as well as regulatory and sustainability challenges”, he added.

The EDANA Board also validated several ambitious projects in the areas of product stewardship, standardisation, sustainability, and advocacy, and was presented with a report on record membership levels (+31% in 3 years), and on the excellent success of EDANA’S training courses, publications and events in 2021, including INDEX™ 20 last October.

• Order intake of CHF 2 225.7 million at record level
• Sales of CHF 969.2 million despite bottlenecks in the supply chains
• EBIT margin of 4.9% and net profit of 3.3% of sales
• Milestones achieved in strategy implementation
• Dividend of CHF 4.00 per share proposed
• Outlook

The 2021 financial year was characterized by a rapid market recovery. As market and technology leader, Rieter succeeded in this environment in posting a record order intake, significantly increased sales compared with the previous year despite the bottlenecks in the supply chains, and generated an EBIT margin of 4.9%. This success is based on the investments in innovation and competitiveness of Rieter in recent years. Crisis management in the 2020 pandemic year, which aimed at benefiting from the expected market recovery after the pandemic, was also a contributing factor. With the acquisition of three businesses from the Saurer Group, a further milestone in the implementation of the strategy has been achieved. The acquisition strengthens Rieter’s market position by completing the ring and compact-spinning system. With the laying of the foundation stone for the Rieter CAMPUS in September 2021, an important prerequisite for the expansion of the company’s technology leadership has been created.

Order Intake and Sales
At the end of 2021, the company had an order backlog of around CHF 1 840 million (December 31, 2020: around CHF 560 million). Rieter closed the 2021 financial year with sales of CHF 969.2 million, which corresponds to an increase of 69% compared to the previous year (2020: CHF 573.0 million).

EBIT, Net Profit and Free Cash Flow
The profit at the EBIT level in the 2021 financial year was CHF 47.6 million, which represents 4.9% of sales. At the net profit level, a profit of CHF 31.7 million accrued, which corresponds to 3.3% in relation to sales. Free cash flow at CHF 128.1 million is a result of the positive developments in earnings and net working capital. The acquisition of three businesses from the Saurer Group for a purchase price of CHF 321.4 million resulted in net debt of CHF 161.9 million; as of December 31, 2020, net liquidity amounted to CHF 41.3 million. At December 31, 2021, liquid funds amounted to CHF 249.4 million (2020: CHF 283.2 million). The equity ratio as of December 31, 2021, was 27.6% (previous year’s reporting date: 36.4%).

Sales by Region
Sales increased in all regions, with the exception of Africa. The highest growth of CHF 126.0 million compared to CHF 50.8 million in the previous year was achieved in India, followed by North and South America with CHF 149.9 million in 2021 compared to CHF 66.4 million in the previous period, and the Asian countries excluding China, India and Turkey with CHF 318.7 million (2020: CHF 184.8 million). In Turkey, Rieter increased sales to CHF 182.3 million (2020: CHF 122.0 million), in China to CHF 135.3 million (2020: CHF 92.8 million) and in Europe to 43.3 million (2020: CHF 38.4 million). In Africa, sales were below the prior-year level at CHF 13.7 million (2020: CHF 17.8 million).

Business Groups
Despite the well-known challenges in the supply chain, the Business Group Machines & Systems posted an order intake of CHF 1 708.6 million (2020: CHF 363.9 million) and achieved sales of CHF 590.3 million, double the previous year’s figure (2020: CHF 295.8 million). Ring and compact-spinning systems, on whose customer benefits Rieter has worked intensively in recent years, were particularly in demand.
The order intake of the Business Group Components was CHF 296.0 million, 75% above the previous year’s level (2020: CHF 169.1 million). Against the backdrop of successful strategy implementation and good capacity utilization at spinning mills worldwide, sales increased to CHF 231.5 million (2020: CHF 174.3 million). The Business Group After Sales recorded an order intake of CHF 221.1 million, 106% higher than the previous year (2020: CHF 107.2 million). Sales reached a level of CHF 147.4 million (2020: CHF 102.9 million). The positive evolution of the Business Group After Sales was also significantly influenced by successful strategy implementation and good capacity utilization at spinning mills around the world.

Acquisition of three Saurer businesses
Effective from December 1, 2021, Rieter is consolidating the components businesses acquired from Saurer. With the acquisition of Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines), Rieter is strengthening its market position in the components business. The acquisition of the third business from Saurer (automatic winder) completes and thus considerably increases the attractiveness of Rieter’s ring and compact-spinning system. This acquisition marks an important milestone in the implementation of the company’s strategy as an innovative systems supplier. The transaction is expected to be finalized in the first half of 2022.

Rieter CAMPUS
On September 8, 2021, at the Winterthur location, the foundation stone was laid for the Rieter CAMPUS, which includes a customer and technology center as well as an administration building. With the Rieter CAMPUS, the company is creating a state-of-the-art and creative working environment, ensuring access to cutting-edge European technology and enhancing its ability to attract young talent. Thus, the Rieter CAMPUS will make an important contribution to the implementation of the innovation strategy and to the enhancement of the company’s technology leadership position.

Dividend
In view of the profit of CHF 31.7 million at the net profit level in the 2021 financial year, the Board of Directors proposes to the shareholders for 2021 the distribution of a dividend of CHF 4.00 per share. This corresponds to a payout ratio of 57%.

Changes to the Group Executive Committee
With effect from March 1, 2021, the Board of Directors of Rieter Holding AG appointed Roger Albrecht as Head of the Business Group Machines & Systems and a member of the Group Executive Committee.

Board of Directors and Annual General Meeting
At the 130th Annual General Meeting held on April 15, 2021, the shareholders approved all motions proposed by the Board of Directors. The Chairman of the Board Bernhard Jucker and the Directors This E. Schneider, Hans-Peter Schwald, Peter Spuhler, Roger Baillod, Carl Illi and Luc Tack were confirmed for a further one-year term of office. Stefaan Haspeslagh was newly elected to the Board of Directors for a one-year term of office. This E. Schneider, Hans-Peter Schwald and Bernhard Jucker, the members of the Remuneration Committee who were standing for election, were also each re-elected for a one-year term of office.

Changes to the Board of Directors
The two members of the Board of Directors, Luc Tack and Stefaan Haspeslagh, resigned from Rieter’s Board of Directors with effect from August 30, 2021.

Outlook
Rieter anticipates a gradual normalization of the demand for new systems in the coming months. The company expects demand for wear and spare parts to remain at a good level due to high capacity utilization at spinning mills. For the full year 2022, due to the high order backlog and the consolidation of the businesses acquired from Saurer, Rieter anticipates sales of around CHF 1 500 million. Sales in the second half of 2022 are expected to be higher than in the first half of the year. The realization of sales from the order backlog continues to be associated with risks in relation to the well-known bottlenecks in the supply chains, the ongoing pandemic and the geopolitical uncertainties. Despite the price increases already implemented, the rise in global costs poses a risk to the development of profitability.

• INDA, the Association of the Nonwoven Fabrics Industry, today announced six new board members and its 2022 slate of officers to guide the success of the nonwovens industry and its members.

Elected by the INDA membership to three-year terms that began on March 1, the new board members bring a high level of diverse expertise and insight to the management of the association as it moves forward with its vibrant growth.

“I am delighted to welcome such a strong group of new board members who bring deep industry knowledge and insights to provide strategic stewardship for our association,” said Dave Rousse, INDA President. “We look forward to working with them to advance INDA’s new value proposition to enhance our industry’s leadership position and deliver greater value to our members.”

The new board members are from global leaders Lenzing Group, Bast Fibre Technologies, Reifenhauser Reicofil, Rockline Industries, Hollingsworth & Vose Company and Principle Business Enterprises.  

INDA also announced Bryan Haynes, Ph.D., R&E Technical Director Kimberly-Clark, has been named Chairman of the Board. Barbara Lawless, Vice President Sales and Marketing, Medical Products, Precision Fabrics Group, Inc. has been elected Vice Chair of Finance, and Richard Altice, President and CEO of NatureWorks, has been appointed to INDA’s Executive Committee.

The new board members are:

• Jürgen Eizinger, Senior Commercial Director, Nonwovens Business EU/AM/MEA, Lenzing Group

Eizinger has nearly 20 years of fiber industry experience. He has been with the Lenzing Group since 2001 and most recently was Vice President of the Global Nonwoven Business. He has worked at multiple locations around the world and held various commercial, engineering and technical customer services roles.

• Jim Posa, President and General Manager, Bast Fibre Technologies, Inc.

Posa has 30-plus years of nonwovens experience and has successfully led businesses from startups to some of the largest companies in the nonwovens market. He has developed and implemented strategic business, development, operational and acquisition growth plans. His teams have worked with businesses focused on most of the major end use markets such as hygiene, wipes, filtration, medical and industrial. As a senior executive, Posa has led global businesses at Fiberweb, BP/Amoco, CEO of a Nisseki/Amoco joint venture (ANCI), Lydall, and Nitto America. A long-time INDA supporter, he has previously served on committees and as a Board member.

• Markus Mueller – Sales Director and Board Member, Reifenhauser Reicofil

Mueller brings to the INDA Board 35 years of experience with Reifenhauser in the nonwovens and film industries. His experience has included roles as PLC Engineer, Commissioning Engineer, Project Manager and Sales Manager. Mueller has extensive knowledge of the global hygiene and medical nonwovens markets. He holds a degree in Electrical Engineering from the Technical University of Cologne.

• Matt Koele, Director of Global Materials Development, Rockline Industries

Koele is based at Rockline’s headquarters in Sheboygan, WI.  Before joining Rockline in 2012, he has held several business and Research and Development (R&D) leadership positions at SC Johnson and Kimberly-Clark Corporation. An inventor with over 10 patents, Koele is a magna cum laude graduate of Michigan Technological University in Chemical Engineering.

• Mike Clark, President, Filtration Solutions, Hollingsworth & Vose Company

Clark joined H&V in 2003 and has held numerous leadership positions in the U.S. and Germany. He previously served as the President of the High Efficiency and Specialty Filtration Division from 2009 to 2020.  Before joining H&V, Clark was a strategy consultant for eight years working with Fortune 100 manufacturing companies. He holds a bachelor’s in Mechanical Engineering from Rensselaer Polytechnic Institute.

• Andrew Stocking, Ph.D., President and CEO, Principle Business Enterprises, Inc. (PBE)

Stocking joined PBE in 2017 after a career in engineering, technology, nonprofits and government. He was named President and COO in 2018, then President and CEO in 2020, becoming the third-generation leader of the family-owned organization. He previously held roles in the private sector and within federal government offices, including the Department of Energy and Congressional Budget Office. He earned a BS in Chemical Engineering and an MS in Civil Engineering from Stanford University, and a Ph.D. in Resource Economics from the University of Maryland.

The 21-member board is comprised of elected Board Officers. One-third of the entire Board is elected each year for a three-year term by a majority vote of INDA’s general membership. INDA’s Executive Committee, empowered to act on behalf of the Board between meetings, consists of the Board Officers plus four appointees.

• Patterning from the cloud
• SwapKnit – KARL MAYER's first Smart Machine function revolutionizes the way of guide bar control

A view of machine data from anywhere and at any time, service support as if on site but from far away, patterning from the cloud: digitalization offers completely new possibilities in warp knitting, which KARL MAYER is using to offer its customers a wide range of advantages for their business. In doing so, the world market leader is pursuing a well thought-out strategy: coordinated innovation activities are being used above all to rethink aftersales support and machine maintenance, and to develop coordinated offers in three areas. These are Care Solutions, Digital Solutions and Smart Machine.

Smart Machine comprises special functions that are backed by KARL MAYER's expertise and enable customers to maximize their productivity. In addition, a previously unattainable reproducibility of quality is possible.

A first solution for this is SwapKnit. The new patterning concept manages completely without pattern discs, but still enables the high operating speeds typical of mechanical guide bar drives. The basis for this is the networking of the machine via the k.ey device with the KM.ON cloud.

• Speed of operation and pattern change
• Lapping procurement per individual purchase or flat rate
• Best article reproducibility

Further steps to follow
As the first Smart Machine offering, SwapKnit marks the start of digital innovations with which KARL MAYER offers its customers more benefits from its machines. Further innovations will follow.
"In our development activities, in addition to the important topics such as more speed and flexibility, we also have simplified handling and the possibilities of automation in mind. We want maximum efficiency with minimum operating effort," says Kay Hilbert.

The Supervisory Board of adidas AG extended the appointment of Executive Board member Roland Auschel, responsible for Global Sales, by two years beyond 2022 until the end of 2024. Roland Auschel has been member of the Executive Board of adidas AG since 2013. At the same time, the Supervisory Board of adidas AG extended the appointment of Executive Board member Brian Grevy, responsible for Global Brands, by five years beyond 2022 until early 2028. Brian Grevy has been member of the Executive Board of adidas AG since 2020.

“On behalf of the Supervisory Board, I am very pleased to announce that we have extended the appointments of both Roland and Brian. Our long-term strategy ‘Own the Game’ has the consumer at its heart. Both Roland and Brian play key roles in bringing this consumer focus to life with their respective functions. We are convinced that they will continue the successful execution of our strategy together with the entire Executive Board”, stated Thomas Rabe, Chairman of the Supervisory Board of adidas AG.

Digitalization is a big story in the world of business. It’s all about change, making use of technology to transform attitudes and create new opportunities to grow revenue. At its heart is innovation, with new systems and intelligent use of data. In textiles, the entire value chain is going digital, as evidenced by the commitment of Swiss Textile Machinery Association member firms. Their story – presented here in six ‘chapters’ – spans industry sectors through spinning, weaving, finishing and nonwovens.

Cost savings and more
The process of digitalization in the textile industry today is continuous – faster in some segments than others – but noticeable everywhere. Automation is promising in many areas of finishing and making-up, where initial investments are being made. An example is folding of finished goods, previously a slow manual operation. Now, high-performance automatic folding machines from Swiss company Espritech deliver the potential for cost savings, unlocking new options for positive change at this most labor-intensive stage of production. For manufacturers in low-cost areas, the benefit results from its volume and is a simple financial one. In higher-cost segments, the application of this technology can be part of a completely new business model, taking production closer to the end customer.

Better process, better workplace
Pioneering in the field of digitalization embraces social responsibility along with the introduction of bold new technological innovation. That’s a commitment made by Uster, as it aims to shape future working practices in the textile industry in areas where its systems are applied. In fabric inspection, that means combining the strengths of human capabilities with the performance of Artificial Intelligence. Automatic defect classification with machine learning technology is the next leap in digitalization for fabric manufacturers, following on from automated detection of fabric faults, which is already well established in weaving and finishing mills. This will bring benefits in profitability for the manufacturer – as well as an improved working environment for their operatives, freed from repetitive tasks.

Information, flexible and fast
Access to data is critical in the digitalized world of textiles. It must be flexible, fast and secure, and available to all levels of the company – worldwide. Jakob Muller serves the narrow fabrics industry ideally with a digitalization portal, perfectly developed to provide essential production information. The portal is a browser-based production data acquisition system, with direct access to the machine controls. The system offers unique data monitoring and communication on a global framework. Digitized weave rooms present information 24/7 on desktops at the customer’s plant, as well as on tablets and smartphones remotely.

Making the most of it
Rieter takes advantage of latest digital technology to offer customers a unique experience. Their digital spinning suite helps spinners overcome their daily challenges and manage costs and efficiency more effectively. This all-in-one mill management system connects all the machinery, giving quick access to the right information and a holistic view, from bale to yarn. Users profit from full transparency, and are presented with recommendations based on long-standing experience and know-how. This is digitalization at its most practical, applied to allow spinners to make the most of their installed machinery.

Production, service, training – digital everything
As a solutions provider, Saurer puts digitalization at the core of business, integral to its technology offering to customers. Some latest examples include self-optimization of spinning machines, and a fully automated transport of cylindrical or conical cross-wound packages. These are automatically stored in an internal buffer system, for later feeding to subsequent processes. Of course after-sales service is also digital: the e-shop and machine information hub, together with the web-based training centre, ensure that knowledge is transferred to customers – turning employees into experts.

See the future system today
Autefa Solutions uses the concept of digital twinning, visualizing any real-world concept of a nonwovens line to make it easier for potential customers to grasp the idea. It’s also a big help for training and servicing needs. Most of all they digitalize important parts e.g. of a baling press line with perfectly interconnecting software tools. This is an excellent method for reducing commissioning times. Ordered bale presses reach technical readiness in the form of a digital twin, before they are commissioned in the real world. This typically halves the total time to get the line up and running.
Speaking on behalf of Swiss Textile Machinery Association members, André Imhof, CEO of Autefa Solutions Switzerland AG, says: “Making digitalization our friend opens doors for business model innovations, which is essential for our industry competitiveness. The approach is to digitalize everything that can be digitalized. We won’t stop.”

• Order Intake of CHF 2 225.7 Million in Financial Year 2021
• Sales of CHF 969.2 million in financial year 2021
• Implementation of the acquisition of the three Saurer businesses on schedule
• EBIT margin of 4.5% to 5% of sales expected in financial year 2021

Due to the continuing high demand for new installations, components and services, Rieter posted an order intake of CHF 551.8 million in the fourth quarter of 2021. As a result, Rieter achieved a total order intake of CHF 2 225.7 million in the 2021 financial year (2020: CHF 640.2 million).

The exceptionally high order intake is broadly supported at the global level. As reported previously, this is based on a catch-up effect from the two prior years and a regional shift in demand. Rieter believes that a major reason for this shift in demand is the development of costs in China. The orders came primarily from Turkey, India, Latin America, Uzbekistan, China and Pakistan. At the end of 2021, the company had an order backlog of around CHF 1 840 million (December 31, 2020: around CHF 560 million). Despite bottlenecks in material supplies and freight capacities, sales performance up to the end of the year was better than expected. The Rieter Group closed the 2021 financial year with sales of CHF 969.2 million (2020: CHF 573.0 million).

Implementation of the Acquisition of the Three Saurer Businesses
Effective from December 1, 2021, Rieter is consolidating the components businesses Accotex and Temco acquired from Saurer. With the acquisition of Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines), Rieter is strengthening the market position in the components business. The figures from the two businesses have been incorporated into the results for the 2021 financial year as follows: the 2021 order intake includes CHF 2.1 million and the 2021 sales includes CHF 3.3 million. The two businesses contributed a total of around CHF 27 million to the order backlog at the end of 2021. The acquisition of Saurer’s third business (automatic winder) leads to a significant increase in the attractiveness of Rieter’s ring and compact-spinning systems and is expected to be completed in the first half of 2022. Accordingly, order intake and sales are not included in the figures for the 2021 financial year.

EBIT Margin
Rieter anticipates an EBIT margin of 4.5% to 5% of sales in the 2021 financial year (2020: -14.7%).
Rieter will publish the full annual financial statements and the 2021 Annual Report on March 9, 2022.

Order Intake by Business Group
Thanks to the company’s innovative product portfolio and global positioning, all three Business Groups benefited from the high level of demand.
The Business Group Machines & Systems posted an order intake of CHF 1 708.6 million (2020: CHF 363.9 million). The main focus of demand was on ring and compact-spinning systems.
The order intake of the Business Group Components was CHF 296.0 million, an increase of 75% compared to the previous year (2020: CHF 169.1 million). The Business Group After Sales recorded an order intake of CHF 221.1 million, 106% higher than the previous year (2020: CHF 107.2 million). The main reason for the positive order intake in both Business Groups is the continuing increased demand for spare and wear parts in spinning mills, which are operating at high capacity.

Sales by Business Group
Despite the challenges in the supply chain announced earlier, the Business Group Machines & Systems achieved sales of CHF 590.3 million, double the previous year’s figure (2020: CHF 295.8 million). Sales of the Business Group Components increased to CHF 231.5 million (2020: CHF 174.3 million). The Business Group After Sales achieved sales of CHF 147.4 million (2020: CHF 102.9 million).

Sales by Region
Sales increased in all regions, with the exception of the region Africa. The highest year-on-year growth of 148% was achieved in India, followed by North and South America (+126%) and the Asian countries (+72%), excluding China, India and Turkey.

Rieter will issue an outlook for the 2022 financial year at the Results Press Conference on March 9, 2022.

After thorough consultation with the exhibitors and partners of the event, JEC Group has decided to postpone the 2022 edition of JEC World. The world’s leading composites event will now take place from May 3rd to 5th, 2022, at the same venue Paris Nord Villepinte, as well as online via the JEC World Connect digital platform.

JEC World gathers the whole value chain of the composite materials industry in Paris, France every year and is “the place to be” for composites professionals from all over the world. The event brings together not only all major global companies, but also innovative startups in the field of composites and advanced materials, experts, academics, scientists, and R&D leaders. JEC World is also the “festival of composites”, offering a unique showcase of what composites can offer to various application sectors, from aerospace to marine, from construction to automotive, and an unlimited source of inspiration for participants from these industries.

“We are fully dedicated to supporting the composites industry and to fostering its development via our events and media activities. Exhibitors and partners are strongly supporting JEC World, their leading event and want to meet in person in 2022 to activate business, share knowledge and highlight innovations. Postponing from March to May is a way to offer improved conditions to satisfy the industry requirements for such a trade fair as JEC World”, says Eric Pierrejean, CEO of JEC Group.

The JEC World team has decided to postpone the event after conducting a survey of its exhibitors and partners, confirming that a large majority is in favour of the new dates in May. As already planned, for three days, the event will offer for the first time a digital platform, JEC World Connect, in parallel to the in-person event in Paris for an augmented digital experience. Even after the show, via the JEC Web TV, unique content will be available to extend the reach of the event.

“Our main concern is to create the best possible conditions for our participants for successful networking, inspiration and business success. With a postponement of eight weeks we can enable this and offer to the industry the event it deserves. Taking the decision now, after consultation of all exhibitors, was necessary to give them planning and preparation visibility,” adds Thomas Lepretre, VP Events, Sales and Operations.