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(c) SGL Carbon
15.01.2020

SGL Carbon: New production hall at the Bonn site

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

The background of the expansion is the continuously increasing demand for advanced solutions and products made from graphite in the automotive sector. Due to its durability, high strength, low friction behavior, and high conductivity, the material is suitable for many different automotive applications. Examples include rotors and vanes in vacuum pumps for brake boosters, bearings for exhaust gas management, and sealing rings and bearings for seals in coolant pumps. These solutions include applications for vehicles with conventional combustion engines as well as for e-mobility, thereby making an important contribution to clean driving, higher energy efficiency, and lower emissions.

“Automotive components made from specialty graphite are increasingly becoming the standard in many different applications in the automotive industry. Due to their special properties, they are more and more frequently replacing the materials previously used in pumps and seals, such as plastic and metal. By investing in the modernization and expansion of production in Bonn, we are consolidating our leading position in this market and offering our customers real added value in the close partnership with each other. Through the expansion, we are also strengthening our site in Bonn,” explains Burkhard Straube, President of the business unit Graphite Materials & Systems.

More information:
SGL Carbon
Source:

SGL Carbon

Fusion C flexographic press (c) PCMC
Fusion C flexographic press
09.01.2020

Paper Converting Machine Company: Prestige-Pak invests in additional Fusion C flexographic press

Purchase marks company’s second in two years as growth continues

Paper Converting Machine Company (PCMC), announced that Prestige-Pak of Fond du Lac has purchased a new Fusion C flexographic press. The press will be the second Fusion C (and the fourth PCMC press) for Prestige-Pak, a second-generation, family-owned business, and producer of printed and laminated flexible packaging materials.

“We’re looking forward to our new Fusion C press,” said Vince Kuber, President of Prestige-Pak. “Our Fusion C and Fusion presses have helped us better meet the needs and requirements of our customers. We’ve experienced significant growth, and that has prompted us to add an additional press. One deciding factor in choosing PCMC is the fact that the company’s machines are engineered and built in the United States.”

Purchase marks company’s second in two years as growth continues

Paper Converting Machine Company (PCMC), announced that Prestige-Pak of Fond du Lac has purchased a new Fusion C flexographic press. The press will be the second Fusion C (and the fourth PCMC press) for Prestige-Pak, a second-generation, family-owned business, and producer of printed and laminated flexible packaging materials.

“We’re looking forward to our new Fusion C press,” said Vince Kuber, President of Prestige-Pak. “Our Fusion C and Fusion presses have helped us better meet the needs and requirements of our customers. We’ve experienced significant growth, and that has prompted us to add an additional press. One deciding factor in choosing PCMC is the fact that the company’s machines are engineered and built in the United States.”

The Fusion C is loaded with fast make-ready and waste-saving features, all in a smaller footprint with fewer parts. This reliable flexographic press also includes PCMC’s SteadyPrint print-stabilization technology, winner of the 2019 FTA Technical Innovation Award. With this feature, the bearing arrangement is coupled with an algorithm that uses noise-canceling technology to largely remove the impact of bounce when printing graphics with hard edges. With patents pending on all features, SteadyPrint is currently the only product on the market using this kind of technology to eliminate disturbances and monitor in real time.

Source:

BARRY-WEHMILLER

Bemberg At Pitti Uomo 2020 (c) Bemberg
Bemberg At Pitti Uomo 2020
07.01.2020

Bemberg At Pitti Uomo 2020

In Florence, Bemberg™ presents an 8-pieces tailoring collection commissioned to and developed with students of the renowned Scuola Triennale di Alta Sartoria Maschile dell’Accademia Nazionale dei Sartori in Rome as well as with prominent lining manufacturers as Brunello S.p.A., Gianni Crespi Foderami S.p.A., Tessitura Marco Pastorelli S.p.A. and Manifattura Pezzetti Srl.

“We couldn’t have started the new year in a better and most promising way!” Says TAKESHI IITAKA, president of Asahi Kasei fibers Italia. The Japanese brand of regenerated cellulose fibers has tasked students at the Accademia Nazionale dei Sartori excellences. The designers of tomorrow created 8 contemporary clothing teaming up with prominent lining manufacturers that offered premium jacquard, striped and dotted materials in vivid colors that follow the seasonal trends. Yarn dyed options made unique by impactful contemporary designs that create interesting contrasts with the tailoring proposals.

In occasion of the fair Bemberg™ team will present “The Bemberg™ book”, a unique resource able to present the versatility of the precious fiber through partner’s material developments.

In Florence, Bemberg™ presents an 8-pieces tailoring collection commissioned to and developed with students of the renowned Scuola Triennale di Alta Sartoria Maschile dell’Accademia Nazionale dei Sartori in Rome as well as with prominent lining manufacturers as Brunello S.p.A., Gianni Crespi Foderami S.p.A., Tessitura Marco Pastorelli S.p.A. and Manifattura Pezzetti Srl.

“We couldn’t have started the new year in a better and most promising way!” Says TAKESHI IITAKA, president of Asahi Kasei fibers Italia. The Japanese brand of regenerated cellulose fibers has tasked students at the Accademia Nazionale dei Sartori excellences. The designers of tomorrow created 8 contemporary clothing teaming up with prominent lining manufacturers that offered premium jacquard, striped and dotted materials in vivid colors that follow the seasonal trends. Yarn dyed options made unique by impactful contemporary designs that create interesting contrasts with the tailoring proposals.

In occasion of the fair Bemberg™ team will present “The Bemberg™ book”, a unique resource able to present the versatility of the precious fiber through partner’s material developments.

More information:
Bemberg™ Pitti Uomo 2020
Source:

GB Network

Sappi Europe
Sappi Europe
20.12.2019

Sappi joins Cepi in the 4evergreen alliance to boost the contribution of fibre-based packaging

Cepi, the European association representing the paper industry, has announced a new alliance called 4evergreen. The aim of the alliance is to boost the contribution of fibre-based packaging in a circular and sustainable economy that minimises climate and environmental impact. The alliance will increase awareness about the benefits of fibre-based packaging materials, advocate for EU legislation supporting product design for recyclability and call for the development of optimised collection systems and appropriate recycling infrastructures.

The rise of environmental awareness and consumer concerns, as well as the increase of packaging focused regulation, such as the Single Use Plastics Directive, have helped companies to accelerate the development of alternative packaging materials including fibre-based packaging with a view to helping consumers make more climate-friendly choices.

4evergreen was created as a forum to engage and connect industry members from across the fibre-based packaging value chain, from paper and board producers to packaging converters, brand-owners and retailers, technology and material suppliers, waste sorters and collectors.

Cepi, the European association representing the paper industry, has announced a new alliance called 4evergreen. The aim of the alliance is to boost the contribution of fibre-based packaging in a circular and sustainable economy that minimises climate and environmental impact. The alliance will increase awareness about the benefits of fibre-based packaging materials, advocate for EU legislation supporting product design for recyclability and call for the development of optimised collection systems and appropriate recycling infrastructures.

The rise of environmental awareness and consumer concerns, as well as the increase of packaging focused regulation, such as the Single Use Plastics Directive, have helped companies to accelerate the development of alternative packaging materials including fibre-based packaging with a view to helping consumers make more climate-friendly choices.

4evergreen was created as a forum to engage and connect industry members from across the fibre-based packaging value chain, from paper and board producers to packaging converters, brand-owners and retailers, technology and material suppliers, waste sorters and collectors.

“The 4evergreen alliance is important because it was born from an initiative of consumer product industry leaders who recognize the huge potential of fibre-based packaging in a circular economy” said Susanne Oste, VP Innovation and Sustainability at Sappi. “Their customers want sustainable packaging and fibre-based products provide the most climate-friendly solution available. Sappi is proud to play a part in this industry alliance. We have been investing heavily for more than 10 years in cutting edge research into real solutions for the problems that confront our customers. A recent success is the launch of the only fully recyclable confectionary wrapper on the market today.”

More information:
Sappi Europe
Source:

Sappi Europe

Lenzing AG
Lenzing AG
20.12.2019

Lenzing leads Canopy ranking for sustainable wood procurement

“Hot Button Report”, the Canadian non-profit organization Canopy particularly highlights the innovative strength of the Lenzing Group, its active contribution to forest conservation and high level of transparency.

In the “Hot Button Report” issued by the Canadian non-profit organization Canopy, the Lenzing Group was once again rated number one in the world, thus confirming its role as the sustainability trailblazer in the textile industry. In this widely recognized ranking, Canopy grades the world’s 32 largest producers of wood-based fibers with respect to their success in achieving sustainable wood and pulp sourcing. Wood and the pulp derived from it are the most important raw materials underlying Lenzing’s sustainable production of cellulosic fibers.

“Hot Button Report”, the Canadian non-profit organization Canopy particularly highlights the innovative strength of the Lenzing Group, its active contribution to forest conservation and high level of transparency.

In the “Hot Button Report” issued by the Canadian non-profit organization Canopy, the Lenzing Group was once again rated number one in the world, thus confirming its role as the sustainability trailblazer in the textile industry. In this widely recognized ranking, Canopy grades the world’s 32 largest producers of wood-based fibers with respect to their success in achieving sustainable wood and pulp sourcing. Wood and the pulp derived from it are the most important raw materials underlying Lenzing’s sustainable production of cellulosic fibers.

“We are extremely proud of this top ranking. It underlines our leading position as a sustainability trailblazer in the manufacturing sector and in the fiber industry in particular. It gives our customers the confidence that we have created the right structures to prevent the sourcing and use of wood from ancient and endangered forests”, says Stefan Doboczky, CEO of the Lenzing Group. “Environmental protection and the prudent use of resources are an integral part of our responsibility to nature and society”, he adds.

Lenzing primarily convinced the non-profit organization Canopy this year thanks to its innovative strength used to promote the circular economy in the textile industry, its active contribution towards protecting the forests and preserving biodiversity as well as its high level of transparency in pulp sourcing.

Lenzing received a total of 26.5 points (up 3.5 points from the previous year) and was thus given the “light to mid green shirt” rating. This means that in using the wood-based cellulosic fibers produced by the Lenzing Group, there is only a very minimal danger that wood is derived from primeval forests and endangered forest areas. In the Wood and Pulp Policy published by Lenzing, the company confirms that it only sources wood and pulp from non-controversial sources.

More information:
Lenzing Lenzing Group Canopy
Source:

Lenzing AG

Sappi Seal range with two new basis weights added (c) Sappi Europe
Sappi Seal range with two new basis weights added
16.12.2019

Sappi Seal range with two new basis weights added

Sustainable packaging solutions are a hot topic all over the world. Sappi, market leader in innovative packaging barrier and sealable papers, is already producing such solutions and can point to numerous successful examples. Demand from customers and interested parties from a wide spectrum of industries continues to grow. The world’s leading paper and paperboard manufacturer therefore recently added two new grammages to its Sappi Seal range. In addition to the 67 g/m² version, the new 85 g/m² and 100 g/m² papers enable branded goods manufacturers to package an even more extensive variety of products with this functional paper – either as primary or secondary packaging.

Sustainable packaging solutions are a hot topic all over the world. Sappi, market leader in innovative packaging barrier and sealable papers, is already producing such solutions and can point to numerous successful examples. Demand from customers and interested parties from a wide spectrum of industries continues to grow. The world’s leading paper and paperboard manufacturer therefore recently added two new grammages to its Sappi Seal range. In addition to the 67 g/m² version, the new 85 g/m² and 100 g/m² papers enable branded goods manufacturers to package an even more extensive variety of products with this functional paper – either as primary or secondary packaging.

The requirements for packaging papers are becoming increasingly demanding. They need to offer greater functionality, be environmentally friendly, recyclable and provide optimal protection for the packaged products. While many paper manufacturers are still talking about such multi-functional solutions, the innovation leader Sappi has already expanded its portfolio. The 85 g/m² and 100 g/m² grammages are now available in the Sappi Seal product family. Converters and manufacturers of food products, such as sugar, tea and confectionery, as well as non-food items, like children’s toys and DIY products, now have even more possibilities to use this functional paper and move from fossil-based materials to environmentally friendly packaging. The wide range of projects that Sappi has already completed for well-known customers, highlight its relevance for the market.

More information:
Sappi Verpackung
Source:

Ruess Group

#Bemberg2020Bemberg (c) Bemberg
#Bemberg2020Bemberg
11.12.2019

#Bemberg2020 – At Pitti Uomo

Bemberg™ supports the new generation of Italian sartorial style

In Florence, Bemberg™ presents an 8-pieces tailoring collection commissioned to and developed with students of the renowned Scuola Triennale di Alta Sartoria Maschile dell’Accademia Nazionale dei Sartori in Rome as well as with prominent lining manufacturers as Brunello S.p.A., Gianni Crespi Foderami S.p.A., Tessitura Marco Pastorelli S.p.A. and Manifattura Pezzetti Srl.

“We couldn’t have started the new year in a better and most promising way!” Says TAKESHI IITAKA, president of Asahi Kasei fibers Italia. The Japanese brand of regenerated cellulose fibers has tasked students at the Accademia Nazionale dei Sartori excellences. The designers of tomorrow created 8 contemporary clothing teaming up with prominent lining manufacturers that offered premium jacquard, striped and dotted materials in vivid colors that follow the seasonal trends. Yarn dyed options made unique by impactful contemporary designs that create interesting contrasts with the tailoring proposals.

Bemberg™ supports the new generation of Italian sartorial style

In Florence, Bemberg™ presents an 8-pieces tailoring collection commissioned to and developed with students of the renowned Scuola Triennale di Alta Sartoria Maschile dell’Accademia Nazionale dei Sartori in Rome as well as with prominent lining manufacturers as Brunello S.p.A., Gianni Crespi Foderami S.p.A., Tessitura Marco Pastorelli S.p.A. and Manifattura Pezzetti Srl.

“We couldn’t have started the new year in a better and most promising way!” Says TAKESHI IITAKA, president of Asahi Kasei fibers Italia. The Japanese brand of regenerated cellulose fibers has tasked students at the Accademia Nazionale dei Sartori excellences. The designers of tomorrow created 8 contemporary clothing teaming up with prominent lining manufacturers that offered premium jacquard, striped and dotted materials in vivid colors that follow the seasonal trends. Yarn dyed options made unique by impactful contemporary designs that create interesting contrasts with the tailoring proposals.

The participation at Pitti is the first of a global tour pointing to some of the most cutting edge design innovations on planet Fashion. The next appointments include ISPO in Munich and Première Vision New York.

At each appointment the company will showcase a different aspect of its multitasking and sustainable imprint.

More information:
Bemberg™ Asahi Kasei
Source:

GB Network

(c) Genesis:M&J
06.12.2019

GENESIS:M&J Group targets high fashion denim market in EU

The Bangladesh international player presents its unique eco-innovation path and a specialhigh-end capsule collection in collaboration with PG DENIM.

GENESIS:M&J Group comes back at the Denim Première Vison London (3-4 December) marking a positive end of the 2019, with new objectives for the future. The leading facility of the Group has affirmed itself as one of the most reliable international garment manufacturer, especially in denim market, and now it is time for another leap forward. The aim is to target more in depth the high fashion denim market in Europe with renowned proposals towards a more authentic, comfortable and sustainable denim offer.

The Bangladesh international player presents its unique eco-innovation path and a specialhigh-end capsule collection in collaboration with PG DENIM.

GENESIS:M&J Group comes back at the Denim Première Vison London (3-4 December) marking a positive end of the 2019, with new objectives for the future. The leading facility of the Group has affirmed itself as one of the most reliable international garment manufacturer, especially in denim market, and now it is time for another leap forward. The aim is to target more in depth the high fashion denim market in Europe with renowned proposals towards a more authentic, comfortable and sustainable denim offer.

The first output to underline the new approach is the high-end capsule collection realized in collaboration with PG DENIM, that premiered at the show
A collection where the great industrial experience and quality in garment manufacturing of GENESIS meets, in a perfect and inspiring contamination, the 100% Italian artisanal craft and unique interpretation of PG DENIM fabrics. A complete co-branding that has given life to unique garments with dedicated tags and hangtags, to show a fashionable, sustainable and high-quality final output, entirely produced in Bangladesh. The perfect meeting to provide a great example of how this collaborative path with European top-quality player could lead to a new positioning for the company.

The improvements achieved by GENESIS are enhanced also in the s/s 2021 collection with new trends involving eco-conscious fabrics such as organic cotton, recycled fabric and polymer, realizing blends with natural fibers like hemp & linen while working also with a wide variety of biodegradable materials. Technical fibers are also on the spotlight with an increasing importance gained by proofed lightweights such as waterproof. Moods like hyper blue, natural cotton colors, flat bright indigo mid shades or urban grey and reactive layers dominates the feeling of the new collection. In terms of looks and treatments the collection has developed several unique interpretations such as engineered garments, digital laser patterns, wester silhouettes, workwear, soft dyes, contemporary stripes, dirty green cast and eco-acid wash. A kaleidoscopic collection where technology and tradition meet one unique big trend: more sustainable than ever.

More information:
Genesis M&J Group
Source:

Menabò Group

SGL Carbon und Solvay schließen Kooperation zur Entwicklung von im hohen Maße konkurrenzfähigen und fortschrittlichen Carbonfaser-Verbundwerkstoffen für Primärstrukturen in der Luftfahrt (c) SGL CARBON SE
SGL Carbon Large-Tow-IM-Carbonfaser Produktion am US-Standort Moses Lake
03.12.2019

Collaboration between SGL Carbon and Solvay

SGL Carbon and Solvay collaborate to develop highly-competitive advanced carbon fiber composites for aerospace primary structures

SGL Carbon and Solvay have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials, which address the need to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft, will be based on SGL Carbon’s large-tow IM carbon fiber and Solvay’s primary structure resin systems.

The agreement encompasses both thermoset and thermoplastic composite technologies. It builds on Solvay’s leadership in supplying advanced materials to the aerospace industry and SGL Carbon’s expertise in high-volume carbon fiber manufacturing.

SGL Carbon and Solvay collaborate to develop highly-competitive advanced carbon fiber composites for aerospace primary structures

SGL Carbon and Solvay have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials, which address the need to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft, will be based on SGL Carbon’s large-tow IM carbon fiber and Solvay’s primary structure resin systems.

The agreement encompasses both thermoset and thermoplastic composite technologies. It builds on Solvay’s leadership in supplying advanced materials to the aerospace industry and SGL Carbon’s expertise in high-volume carbon fiber manufacturing.

“For Solvay, this is an opportunity to lead the aerospace adoption of a composite material based on 50K IM carbon fiber. This is a highly competitive value proposition that brings more affordable high-performance solutions to our customers. We see this as the first step in a long-term partnership,” said Augusto Di Donfrancesco, member of Solvay’s executive committee.

“By combining SGL’s carbon fiber expertise in our newly developed, unique 50K IM fiber with Solvay’s resin formulation and aerospace market expertise, both partners are aiming to develop an advanced aerospace material system. This alliance supports our strategic direction and accelerates our growth in the attractive aerospace market,” said Dr. Michael Majerus, spokesman of the management board of SGL Carbon.

Composite materials for aerospace applications represent a multi-billion-dollar market that is expected to grow strongly in the coming decade. Solvay and SGL Carbon are uniquely positioned to develop solutions to address the needs of this market.

More information:
Solvay SGL Carbon Carbonfaser
Source:

SGL CARBON SE

  100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™ (c) ROICA™
100% NATURE by Calida round neck t-shirt & boxer shorts with ROICA™ V550
02.12.2019

100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100% NATURE” is certified CRADLE TO CRADLE™, which means that raw materials can be used time and again in an ongoing biological cycle. CALIDA is also the first clothing brand worldwide to be awarded the ‘MADE IN GREEN by OEKO-TEX®’ label, which is based on compliance with strict social responsibility and ecological criteria and certifies that the textiles carrying the label have been tested for harmful substances.

Source:

GB Network Marketing & Communication

(c) C.L.A.S.S.
26.11.2019

C.L.A.S.S. ecohub promotes, educates and shares sustainable culture at Denim Première Vision

Platform C.L.A.S.S. - the acronym for Creativity Lifestyle And Sustainable Synergy –returns to Denim Première Vision with a triple mission: to educate, share sustainable innovation and promote the state of the smart of the textile and fashion business.

“In London, we will bring forward its vision and strategy with a set of initiatives, talks and projects” Explains Giusy Bettoni, CEO and founder of C.LA.S.S. As sustainability consultant for Première Vision, Bettoni will curate a programme of #SmartTalks with some of the most influential players in the industry.

C.LA.S.S. will bring its Smart Materials Bank, an open and inspirational resource and educative tool for designers, students and brands which features some of the most innovative materials on the market. On show at booth (B14) also some of C.LA.S.S. most innovative partners.

Platform C.L.A.S.S. - the acronym for Creativity Lifestyle And Sustainable Synergy –returns to Denim Première Vision with a triple mission: to educate, share sustainable innovation and promote the state of the smart of the textile and fashion business.

“In London, we will bring forward its vision and strategy with a set of initiatives, talks and projects” Explains Giusy Bettoni, CEO and founder of C.LA.S.S. As sustainability consultant for Première Vision, Bettoni will curate a programme of #SmartTalks with some of the most influential players in the industry.

C.LA.S.S. will bring its Smart Materials Bank, an open and inspirational resource and educative tool for designers, students and brands which features some of the most innovative materials on the market. On show at booth (B14) also some of C.LA.S.S. most innovative partners.

Source:

GB Network

Porcher Industries presents the future of quiet and clean mobility solutions with materials that offer high-performance thermal and acoustical insulation. (c) Porcher Industries
Thermal acoustical insulation materials
18.11.2019

Porcher Industries at the Annual Automotive Exhaust Systems Summit

  • Porcher Industries presents the future of quiet and clean mobility solutions with materials that offer high-performance thermal and acoustical insulation.

The 5th Edition of the Annual Automotive Exhaust Systems Summit, to be held in Dusseldorf on November 28th-29th, will see Porcher Industries showcase the market’s most complete range of high performance thermal and acoustical insulation products.

With a key strategic thrust targeting quiet and clean mobility by developing new insulation applications, Porcher Industries’ range of textiles meet the demands and requirements of the Automotive, Aerospace and other transport sectors by delivering unsurpassed levels of thermal and acoustical management.

On display the group will showcase its Techmat®, SilcoSoft® and ThermoShield® materials – all highly functional non-woven textiles that can be found in key areas of both the hot and cold ends of vehicle exhaust systems.

  • Porcher Industries presents the future of quiet and clean mobility solutions with materials that offer high-performance thermal and acoustical insulation.

The 5th Edition of the Annual Automotive Exhaust Systems Summit, to be held in Dusseldorf on November 28th-29th, will see Porcher Industries showcase the market’s most complete range of high performance thermal and acoustical insulation products.

With a key strategic thrust targeting quiet and clean mobility by developing new insulation applications, Porcher Industries’ range of textiles meet the demands and requirements of the Automotive, Aerospace and other transport sectors by delivering unsurpassed levels of thermal and acoustical management.

On display the group will showcase its Techmat®, SilcoSoft® and ThermoShield® materials – all highly functional non-woven textiles that can be found in key areas of both the hot and cold ends of vehicle exhaust systems.

Produced from 100% non-respirable fibres, these binder free non-wovens are safe to handle and can be tailored to provide application specific thermal insulation and heat shields at temperatures ranging from 650˚C to 1150˚C (1200°F to 2100°F).

Porcher Industries is able to deliver its Techmat®, SilcoSoft® and ThermoShield® materials in a wide range of formats from roll goods, flat or formed shapes through to sub-assemblies and finished parts that combine metallic layers with their insulation materials.

Porcher Industries’ thermal and acoustical insulation solutions will also be on show in Dusseldorf: technical textiles that blend chemistry and fibre processing technology to produce a powerful range of non-woven and glass mat thermoplastics (GMT) materials that can be tailored to a customer’s specific acoustical and thermal insulation requirements.

In addition, Andreas Stoeferle, Technical Support Engineer, EMEA, Porcher Industries, will present a detailed view of the group’s expertise in high performance insulations, their global reach, products and delivery formats on the opening day of the conference.

“As one of the leading manufacturers of specialist technical textiles within the Automotive sector, we have responded to demand and placed significant development time and resource into developing our range of thermal and acoustical material solutions for Automotive and Aerospace.” commented Pierre-Yves Quéfélec, Global Aerospace & Automotive BU Head.

BASF Acquires 3D Printing Service Provider Sculpteo © BASF
Clément Moreau, CEO and Co-Founder of Sculpteo
18.11.2019

BASF Acquires 3D Printing Service Provider Sculpteo

  • Acquisition drives market growth
  • Additional sales channel for BASF customers and partners
  • Access to new materials and technologies for customers of BASF and Sculpteo

To continue to expand its position as a leading service provider in the additive manufacturing sector, BASF New Business GmbH has formally agreed to acquire the online 3D printing service provider Sculpteo. The agreement was signed on November 14, 2019 and is expected to become effective in the next few weeks pending regulatory approval by the relevant authorities. The acquisition of the French 3D printing specialist based in Paris and San Francisco will enable BASF 3D Printing Solutions GmbH, a wholly-owned subsidiary of BASF New Business GmbH, to market and establish new industrial 3D printing materials more quickly. Sculpteo’s management team fully supports the acquisition and will remain in place to provide customers and partners with this expanded service spectrum.

  • Acquisition drives market growth
  • Additional sales channel for BASF customers and partners
  • Access to new materials and technologies for customers of BASF and Sculpteo

To continue to expand its position as a leading service provider in the additive manufacturing sector, BASF New Business GmbH has formally agreed to acquire the online 3D printing service provider Sculpteo. The agreement was signed on November 14, 2019 and is expected to become effective in the next few weeks pending regulatory approval by the relevant authorities. The acquisition of the French 3D printing specialist based in Paris and San Francisco will enable BASF 3D Printing Solutions GmbH, a wholly-owned subsidiary of BASF New Business GmbH, to market and establish new industrial 3D printing materials more quickly. Sculpteo’s management team fully supports the acquisition and will remain in place to provide customers and partners with this expanded service spectrum.

For around a decade already, Sculpteo has operated an online platform with integrated production for the manufacturing of prototypes, individual objects, and serial production components with a range of different additive manufacturing technologies. Customers in various industrial sectors around the world use the Sculpteo service to produce new components rapidly and reliably.

BASF will develop the existing Sculpteo 3D printing platform further into a global network. For customers and partners, BASF 3D Printing Solutions will thus be able to offer an additional channel for marketing their services and expanding their own customer bases.

"Through the acquisition of Sculpteo, we can provide customers and partners with even faster access to our innovative 3D printing solutions. In addition, our customers will benefit from an extended range of services”, explains Dr. Dietmar Bender, Managing Director BASF 3D Printing Solutions. “Together with Sculpteo, we are pursuing our goal of establishing additive manufacturing as a proven technology for industrial mass production", says Bender.

Combining the strengths of both companies will provide Sculpteo's existing customers with access to a more extensive portfolio of 3D printing materials. "We are excited to join the BASF team and thus benefit from BASF’s outstanding R&D to provide our customers with innovative solutions”, says Clément Moreau, CEO and Co-Founder of Sculpteo. Moreau will stay with Sculpteo as CEO.

Beyond this, the Sculpteo Design Studio and BASF’s technical experts will collaborate to be able to support customers in their 3D printing projects from the early planning phase right through to the final printed part. This will enable BASF to offer its customers end-to-end industrial 3D printing solutions.

Source:

BASF Marketing & Communications Manager

(c) closed
Gilberto Calzolari
14.11.2019

Premium Brands choosing Responsible Innovation for the Wardrobe of Tomorrow

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations. 

Five, completely different, contemporary lifestyles!

C.L.A.S.S. discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how smart materials are able to deliver eco hi-tech valuable innovations. 

Five, completely different, contemporary lifestyles!

Among the first adopters of E.C.O. Kosmos shines Gilberto Calzolari, a luxury prêt-à-porter brand Made in Italy with a responsible soul, whose style is represented by the demi-couture dress: fresh, glamorous and romantic. Precious fabrics, complemented by the highest quality in production techniques and tailoring craftsmanship, bear the hallmarks of a brand with a strong identity that is in tune with the needs of contemporary living and reclaims the values of environmental sustainability as well as elegance and excellence typical of luxury Made in Italy. Supported by the CNMI Fashion Trust due to its environmental committment and unique design, the brand chose two materials of the E.C.O. KOSMOS cross-collection for the SS 2020 presented during MFW: the E.C.O. AURORA 50% AMNI SOUL ECO® -50% Standard 100 by OEKO-TEX® certified Cotton canvas and the E.C.O. SONICA Newlife™ stretch satin.

Closed: the German brand, founded in1978, focuses on great designs, small details and pure quality to create understated and advanced denim looks totally handmade in Italy. Closed selected the new amazing Candiani ReLast line, the range of market fresh responsible denim products whose objective is to introduce a 100% transformed innovative solution. The partnership between ROICA™ and Candiani generated a very special ROICA™ yarn realized only for Candiani. A premium stretch yarn that is boasting a GRS (Global Recycled Standard) version 4 certification, thanks to its high percentage of recycled content and appropriated process of transformation.

Within the premium brand adoptions of Bemberg™ shines Martin Greenfield, one of the world's most renowned tailor company. The company, founded in 1977 by Martin Greenfield, realizes hand tailored men’s clothing to meet the requirements of innovative designers, specialty retailers, costume designers, stylists and individuals. For finest made-to-order as well as made-to-measure suits,100% built by hand in their Brooklyn Factory, they choose Bemberg™ Yarn Dyed Lining produced in Italy and Japan for its soft versatility, unique precious touch and exquisite comfort.

My.Suit: Since My.Suit was founded in 2008 in NYC, their philosophy has been simple: provide their clients with a better way to buy a suit.  Their made-to-measure suits and tuxedos offer a better fit than traditional off-the-rack alternatives by accommodating as many different body types as possible, and can be made in a variety of fabric and style options to suit individual needs.  My.Suit utilizes a vertical business model: fabric mill, suit manufacturing, and retail locations, to provide a quick delivery time at an attractive price point. My.Suit has been using Bemberg™ lining to add style and comfort to their suit jackets for over a decade.  With a wide range of colors and designs, Bemberg lining complements their extensive fabric selection and helps us to create visually stunning suits that feel great and provides a personalized option to their clients.

un-sanctioned™ is an innovation-driven performance running apparel brand newly launched in September, 2019; founded on the belief that it’s time for running to give back to the environment all runners take so much joy from.  In partnership with Miti-Spa, un-sanctioned™ has developed and launched with two initial sustainable performance running fabrics called [ BottleKnit™ ] — a 100% recycled polyester made from plastic bottles. And [ WasteKnit™] — a 100% upcycled polyamide made from industrial waste blended with ROICA™ EF yarn for uncompromising smart stretch performance.

More information:
Fashion Mode CLASS
Source:

© 2019 GB Network Marketing & Communication

(c) JEC group
14.11.2019

JEC Asia 2019: Winners of The JEC Innovation Awards Revealed

The JEC innovation awards is a long-established and worldwide program with three simple goals: identify, promote, and reward the most innovative composite solutions in the world. Over the past 15 years, the JEC Innovation Program has involved 1,800 companies worldwide; 177 companies and 433 partners have been rewarded for the excellence of their composite innovations. The JEC Innovation Awards reward composites champions, based on criteria such as partner involvement in the value chain, technicality, or commercial applications of innovations.

« Every year, JEC rewards the best cutting-edge and ingenious projects using composites to their full potential in different categories. The JEC Innovation Awards program is emblematic and recognizes pioneers in composite innovation continuously reinventing the composites of tomorrow», says Franck GLOWACZ, Innovation Content Leader at JEC Group.

The winners have been rewarded for their innovative solutions, in 10 categories:

The JEC innovation awards is a long-established and worldwide program with three simple goals: identify, promote, and reward the most innovative composite solutions in the world. Over the past 15 years, the JEC Innovation Program has involved 1,800 companies worldwide; 177 companies and 433 partners have been rewarded for the excellence of their composite innovations. The JEC Innovation Awards reward composites champions, based on criteria such as partner involvement in the value chain, technicality, or commercial applications of innovations.

« Every year, JEC rewards the best cutting-edge and ingenious projects using composites to their full potential in different categories. The JEC Innovation Awards program is emblematic and recognizes pioneers in composite innovation continuously reinventing the composites of tomorrow», says Franck GLOWACZ, Innovation Content Leader at JEC Group.

The winners have been rewarded for their innovative solutions, in 10 categories:

  • Aerospace
  • Automotive - Exterior
  • Automotive - Structural
  • Electrical, Electronics & Appliances
  • Industrial Equipment
  • Marine
  • Railway
  • Renewable Energy
  • Smart Composites
  • Sports & Leisure

The awards ceremony took place place on November 14, 2019, at 5:30 pm at the Startup Branch, COEX. Ben Bassat, President and CEO of Plataine Avner opened the ceremony with a keynote about “The 4th industrial revolution: implementing IIOT and AI to composite materials and manufacturing”.

12.11.2019

BASF 3D Printing Solutions Exhibits Industrial Additive Manufacturing Solutions at Formnext 2019

  • Forward AM is the company’s new brand name
  • Innovative portfolio and services for all AM technologies
  • Outstanding scalable applications and industry partnerships
  • Presentation of 3D printed footwear

BASF 3D Printing Solutions (B3DPS) will be exhibiting at Formnext 2019, the leading sector show for additive-based manufacturing, with an expanded product range and a new brand presence. Sector specialists are warmly invited to meet B3DPS specialists in person from November 19 through 22 at Booth D21, Hall 12.1 at the Frankfurt Trade Fair. With the introduction of its new Forward AM corporate brand, B3DPS continues to pursue its goal of driving industrial scalability as the next phase of additive-based manufacturing. “Forward” stands for future-oriented, leading-edge materials and technology, while “AM” stands for “additive manufacturing”. The new arrow-symbol brand logo and “Innovating Additive Manufacturing” baseline emphasize the company’s dynamic approach to this exciting industrial manufacturing sector.

  • Forward AM is the company’s new brand name
  • Innovative portfolio and services for all AM technologies
  • Outstanding scalable applications and industry partnerships
  • Presentation of 3D printed footwear

BASF 3D Printing Solutions (B3DPS) will be exhibiting at Formnext 2019, the leading sector show for additive-based manufacturing, with an expanded product range and a new brand presence. Sector specialists are warmly invited to meet B3DPS specialists in person from November 19 through 22 at Booth D21, Hall 12.1 at the Frankfurt Trade Fair. With the introduction of its new Forward AM corporate brand, B3DPS continues to pursue its goal of driving industrial scalability as the next phase of additive-based manufacturing. “Forward” stands for future-oriented, leading-edge materials and technology, while “AM” stands for “additive manufacturing”. The new arrow-symbol brand logo and “Innovating Additive Manufacturing” baseline emphasize the company’s dynamic approach to this exciting industrial manufacturing sector.

Extensive product portfolio with expanded service offer
Under the Forward AM brand the company offers end-to-end materials and service solutions along the entire value chain – from an initial product idea right through to its serial manufacture. Forward AM has the most extensive materials portfolio in the industrial 3D printing market today, encompassing powder bed fusion, advanced plastic and metal filaments, and the latest photopolymers.

Source:

BASF 3D Printing Solutions GmbH

(c) Cobra International
12.11.2019

COBRA International announces manufacturing partnership with Skeeta Foiling Craft

COBRA International, one of the world’s largest OEM manufacturers of composite products, is proud to announce its partnership with Skeeta Foiling Craft to build the new range of hydro foiling dinghies. Skeeta Foiling Craft, founded by father and son team Jim and David French, have been refining their unique concept for a simple, accessible hydro foiling dinghy in Australia since 2015. In collaboration with Dr Ian Ward’s Glide Free hydrofoil technology, Skeeta Foiling Craftdeveloped the 3.66m Skeeta and 2.9m Nikki dinghies that are available in both foiling and displacement sailing configurations, maximising the thrill of foiling in a versatile package that the whole family can use.

COBRA International, one of the world’s largest OEM manufacturers of composite products, is proud to announce its partnership with Skeeta Foiling Craft to build the new range of hydro foiling dinghies. Skeeta Foiling Craft, founded by father and son team Jim and David French, have been refining their unique concept for a simple, accessible hydro foiling dinghy in Australia since 2015. In collaboration with Dr Ian Ward’s Glide Free hydrofoil technology, Skeeta Foiling Craftdeveloped the 3.66m Skeeta and 2.9m Nikki dinghies that are available in both foiling and displacement sailing configurations, maximising the thrill of foiling in a versatile package that the whole family can use.

Jim French was determined to build the Skeeta hull using an expanded polystyrene (EPS) foam core and the single shot closed mould epoxy lamination process pioneered by the windsurf board market, making COBRA International the perfect build partner for series production. Skeeta Foiling Craft first contacted COBRA back in early 2016, when the company started developing initial hull production materials and processes that could match their targets for lightweight, durable and cost-effective construction.

More information:
COBRA Skeeta
Source:

100percentmarketing

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show (c) TINTEX
Co.Lab collections: C.L.A.S.S., TINTEX, Becri, Confetil, Pedrosa & Rodrigues
05.11.2019

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

The new fabrics are made from a mix of new generation fibers that enhance free movement such as REFIBRA™ by Lenzing, Q-NOVA® by Fulgar and the unique GRS certified premium stretch ROICA™ EF.  The smartcel™ powered ID sub-collection is defined by striped structures that simulate flaws on initially smooth and perfected surfaces and provides soothing, anti-inflammatory effects thanks to the inclusion of zinc oxide, provides soothing, anti-inflammatory effects. The “EGO” selection comes in rich purples, calm lilacs and feminine yellows and features natural fibers such as organic wool. The “Superego” is available in unique styles and colours, achieved thanks to Colorzen® and the Naturally Clean® finishing. Together these enhance the natural beauty of cotton and cellulosics eliminating harsh treatments and optimizing clean surfaces with vivid colors, and an exquisitely smooth hand feel. Transformed materials take such as ECOTEC® by Marchi&Fildi take the lead saving up to 77.9% in water compared with regular cottons.

COLORAU®
TINTEX’ cutting edge color technology which received the Sustainable Solution award in the May 2019 edition of Techtextil debuts in Munich. COLORAU®  was created with a Portuguese consortium constituted by premium realities and gives life to responsibly colored fabrics with antimicrobial properties, using natural dyes extracted from different types of natural plants resources that do not use salt in the production.

COLORAU® uses only compounds of natural origin such as thyme, boldo, peppermint, chestnut and gambier in the production of functional and sustainable textiles in a variety of fibers such as cotton, lyocell and wool. An eco-efficient and low temperature surface treatment improves the affinity between the textile substrate and these natural compounds. The technology features a selection of “performing” extracts for appropriate color fastness to light and washing as well as color durability and antimicrobial functionality.

CO.LAB

TINTEX is proud to announce CO.LAB, a smart and collaborative business model and a totally new supply chain developed in coordination and with the support of C.L.A.S.S.. The first sustainable and PETA-Approved collections are 100% traceable without compromising on quality and style. As co-leader and founding actor, TINTEX has invited Becri, Confetil and Pedrosa & Rodrigues, 3 leading companies, each producing specialized garment styles. The new collections are:

  1. The ECOPERFORMER by TINTEX with Confetil collection meets the values of millennials and generation Z consumers. Sustainable, multitasking, gender neutral and designed to fit contemporary urban lifestyle. The collection comprises modern soft sports garment with fully transparent innovation values. The range flexes its muscles with the best sustainable and high-performative materials for comfort, ease and style. All selected fabrics are PeTA APPROVED VEGAN. Designed to win.
  2. ‘LEGACY H20’ by TINTEX with Becri is 100% traceable and focuses on responsible water-management.
  3. ‘SENSING SMARTS’ by TINTEX with Pedrosa & Rodrigues, a next-to-skin soft and sensual range of materials enhancing wellbeing and comfort while harnessing an innovative and responsible way of using chemical products for a greener and safest future.
Source:

GB Network Marketing & Communication

Special exhibition “Textile Future by Trevira CS” presented by studio aisslinger (c) studio aisslinger
05.11.2019

Trevira at Heimtextil 2020

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

“We’re excited that our joint fair booth has proved to be so popular and that we are increasing the number of Trevira CS customers joining us for Heimtextil year on year. This means that we can once again look forward to displaying the extensive range of possibilities and applications available in Trevira CS,” said Trevira CEO Klaus Holz.

Trevira’s joint booth, which will be situated in Hall 4.2, immediately next to the Messe Frankfurt exhibition “Interior. Architecture. Hospitality”, will also feature a special showcase, “Textile Future by Trevira CS” especially for the contract market. To curate this special display, Trevira is proud to have secured a collaborative partnership with renowned Berlin design company studio aisslinger. The studio is known for its outstanding work in experimental and product design, innovative materials and architectural concepts.  As a designer, studio founder Werner Aisslinger is particularly interested in how the newest technologies and unusual materials can be integrated into product design. Besides a focus on furniture, his most recent projects include interior design concepts for hotels and workspaces.

More information:
heimtextil 2020 Trevira GmbH
Source:

Trevira GmbH

05.11.2019

SGL Carbon increases group sales; recurring EBIT on the level of the prior year

  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to i
  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to improve earnings of CFM
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: ”The structural growth drivers remain intact in our strategically relevant markets. The countermeasures to improve earnings of CFM will be implemented consistently.”

In the third quarter 2019, the business units of SGL Carbon developed very differently. While Graphite Materials & Systems (GMS) showed better than expected results, Composites – Fibers & Materials (CFM) deteriorated compared to the two previous quarters. This is attributable to the weaker development in the market segments Textile Fibers and Industrial Applications. In total, sales revenue in the first nine months 2019 grew by approximately 6 percent to reach 832 million euros. Recurring Group EBIT after nine months reached approximately 54 million euros. Adjusted for a positive one-time effect in the prior year, this was comparable to the prior year level.

In its ad-hoc notification of October 25, 2019, the company revised its guidance for recurring EBIT of CFM downwards to a negative mid to high single digit million euro amount. On the Group level the company now expects a recurring EBIT at 45 to 50 million euros. Due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications in the business unit CFM a non-cash impairment charge in the amount of approximately 75 million euros was recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler were not affected by this impairment. In addition, the impairment charge of CFM led to a valuation allowance on deferred tax assets in the amount of 7.4 million euros. Against this background, SGL Carbon now expects a net result of approximately minus 100 million euros for fiscal year 2019.

More information:
SGL Carbon
Source:

SGL Carbon