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John Lewis Partnership appoints new Chairman (c) John Lewis Partnership
Jason Tarry
08.04.2024

John Lewis Partnership appoints new Chairman

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

The John Lewis Partnership announces the appointment of Jason Tarry as its seventh Chairman following Sharon White’s decision to step down at the end of her term.

Jason brings over 33 years of experience at Tesco where he was most recently the UK & Ireland CEO, a role he held for six years. His experience spans grocery, general merchandise and fashion in senior commercial, operational and general management positions, having joined the Tesco graduate programme in 1990.

In addition to delivering market leading grocery performance in the UK, he led the expansion of F&F Clothing across Europe as Group CEO. Jason is expected to take up the role in September, at which point Sharon will step down and support the transition as required.

Rita Clifton, Deputy Chairman and Chair of the Nomination Committee, said: “The Board extends its huge thanks to Sharon for successfully leading the Partnership through one of the most testing periods in its history - first Covid and then the cost of living crisis. She has faced into the toughest decisions and overseen the Partnership's financial recovery; we are in good financial health with a return to profit, and have a strong balance sheet with record investment planned this year. Sharon has also helped ensure that employee ownership of the Partnership is secure, is demonstrably focused on its purpose as a force for good and with an open and inclusive culture.

“As the Partnership moves into the next phase of its modernisation focused on our core retail business as well future growth, we are confident that Jason will provide the kind of inspirational leadership, a proven track record in multi-channel, multi-category retail success and a strong identification with Partnership values that we are seeking in this role. Jason has impressed everyone throughout the interview process with his warmth, his belief in the Partnership’s ideals and democratic principles and his appreciation for our unique and special brands.”

More information:
John Lewis Partnership Chairman
Source:

John Lewis Partnership

01.03.2024

Re:NewCell’s bankruptcy application approved

Re:NewCell AB announced that the Stockholm District Court has decided to approve the previously communicated bankruptcy application and has declared the company bankrupt.

The appointed bankruptcy trustee is lawyer Lars-Henrik Andersson at Cirio Advokatbyrå.

February,25 the Board of Directors had decided to file for bankruptcy of Re:NewCell AB at the Stockholm District Court. The reason for the decision to file for bankruptcy was that Re:NewCell has not been able to secure sufficient financing to complete the strategic review, announced on 20 November 2023, with satisfactory result.

As part of the strategic review, Re:NewCell has had well advanced negotiations with its two largest shareholders, H&M and Girindus, its existing lenders BNP Paribas, European Investment Bank, Finnvera (as partial guarantor), Nordea, AB Svensk Exportkredit and potential new investors as well as other stakeholders regarding long-term financing solutions. These discussions have not resulted in a solution which would provide Re:NewCell with the necessary liquidity and capital to ensure its operations going forward.

Re:NewCell AB announced that the Stockholm District Court has decided to approve the previously communicated bankruptcy application and has declared the company bankrupt.

The appointed bankruptcy trustee is lawyer Lars-Henrik Andersson at Cirio Advokatbyrå.

February,25 the Board of Directors had decided to file for bankruptcy of Re:NewCell AB at the Stockholm District Court. The reason for the decision to file for bankruptcy was that Re:NewCell has not been able to secure sufficient financing to complete the strategic review, announced on 20 November 2023, with satisfactory result.

As part of the strategic review, Re:NewCell has had well advanced negotiations with its two largest shareholders, H&M and Girindus, its existing lenders BNP Paribas, European Investment Bank, Finnvera (as partial guarantor), Nordea, AB Svensk Exportkredit and potential new investors as well as other stakeholders regarding long-term financing solutions. These discussions have not resulted in a solution which would provide Re:NewCell with the necessary liquidity and capital to ensure its operations going forward.

"I regret to inform that we have been forced to take this decision to file for bankruptcy. As we have a strong belief in the company’s long-term potential, we have together with our advisors spent very substantial time and efforts into trying to secure the necessary liquidity, capital and ownership structure for the company to secure its future. As part of the negotiations, we have had intense dialogues with both current main owners, new investors and our banks, as well as other stakeholders. However, these discussions have not been successful. This is a sad day for the environment, our employees, our shareholders, and our other stakeholders, and it is a testament to the lack of leadership and necessary pace of change in the fashion industry” says Chairman of the Board of Directors, Michael Berg.

More information:
Renewcell bankruptcy
Source:

Renewcell

28.06.2023

EPTA highlights contribution of pultruded composites to sustainable construction

Increasing energy and resource efficiency in the construction sector will be key to the EU’s ambition of achieving climate neutrality by 2050. By enabling the manufacture of strong, durable and lightweight products, composite materials can help the construction sector improve its environmental sustainability, as well as reduce total lifecycle costs. The latest EPTA industry briefing, Pultruded composites contribute to a more sustainable future for construction, discusses how pultruded composites answer the need for materials offering high performance, faster installation, corrosion resistance and low maintenance.

The report is available to download from the EPTA website.

Increasing energy and resource efficiency in the construction sector will be key to the EU’s ambition of achieving climate neutrality by 2050. By enabling the manufacture of strong, durable and lightweight products, composite materials can help the construction sector improve its environmental sustainability, as well as reduce total lifecycle costs. The latest EPTA industry briefing, Pultruded composites contribute to a more sustainable future for construction, discusses how pultruded composites answer the need for materials offering high performance, faster installation, corrosion resistance and low maintenance.

The report is available to download from the EPTA website.

The future of construction
As one of the largest global users of energy and raw materials, the construction industry is under immense pressure to improve its sustainability. At the same time, it must respond to demands for improved performance and reduced total cost of ownership. New materials will be needed to minimise the use of natural resources, enable a reduction of carbon footprint and facilitate circular economy practices. Choosing the optimum materials required for durability throughout the lifecycle will be increasingly important. A shift to off-site production is also forecast, where factory-controlled environments and automated processes can improve quality control, lower waste, and reduce work on site.

Lightweight pultruded parts can be pre-assembled into modules or complete structures in the factory for faster installation on site. Lightweight profiles lower energy use during transportation and installation, and a longer service life combined with minimal maintenance can deliver a reduced through-life carbon footprint. Pultruded parts such as profiles, gratings, beams, tubes and planks are increasingly found in a range of building, construction and infrastructure applications. Examples include bridge decks, fencing, stairs and handrails, train platforms, cladding, utility poles, modular building concepts, and window frames.

One application offering large growth potential for composites is bridges. Composite bridges are being designed to provide a service life of 100 years and unlike steel bridges do not require regular repainting to protect them from corrosion. Over recent years, pultruded glass fibre composite has become a highly popular choice for pedestrian and cycle bridges. Pre-fabricated ‘easy fit’ bridge decking planks, pre-assembled bridge modules and complete bridge ‘kits’ are now available. Corrosion-resistant composite bridges are ideal for use near water or on the coast, and in remote locations where regular maintenance operations would be difficult. A composite bridge can deliver the same performance as a steel structure with a weight saving of up to 50% or more. This enables more streamlined bridge designs which require less substantial supporting structures and foundations, greatly reducing consumption of materials and energy. Lightweight also results in easier logistics and simplified installation. Pultruded are more easily transported to the construction site, with lower fuel consumption, and easier to move on site, often reducing labour requirements and the capacity of lifting equipment.

A lifecycle approach
As the construction industry looks to the future, the environmental and economic benefits of composite materials linked to easier logistics and installation, durability and low maintenance are becoming increasingly valued. More projects are demonstrating the benefits of composite materials and standards covering the design, fabrication and installation of pultruded profiles are making it easier for the construction industry to use them. With ongoing development and collaboration, pultrusion has the potential to contribute to a more sustainable future for construction and many other industries. EPTA will continue to promote the advancement of pultrusion technology and its applications and foster sustainable practices within the industry.

Source:

The European Pultrusion Technology Association (EPTA)

(c) Kornit Digital LTD
31.03.2023

Kornit Digital introduces Smart Curing and Rapid SizeShifter at TecStyle Visions 2023

Kornit Digital LTD. announced to unveil its new Smart Curing and Rapid SizeShifter solutions at TecStyle Visions 2023. Kornit Smart Curing is an intelligent and adaptive solution significantly streamlining curing processes while delivering high-quality results. Additionally, the introduction of Rapid SizeShifter eliminates time-consuming direct-to-garment pallet changes typically required to address disparate applications.

Kornit’s new energy-efficient Smart Curing solutions include Orion for mid-level production, and Titan for higher-capacity volumes – both optimized for compatibility with Kornit Atlas MAX systems and based on field-proven solutions from the acquisition of Tesoma. These highly efficient curing systems sync production and finishing for an end-to-end process that reduces both energy consumption and total cost of ownership (TCO). Kornit’s Rapid SizeShifter for Atlas MAX is an adjustable pallet that quickly adapts to disparate application requirements – reducing costly downtime associated with pallet changes and streamlining production for accelerated time-to-market.

Kornit Digital LTD. announced to unveil its new Smart Curing and Rapid SizeShifter solutions at TecStyle Visions 2023. Kornit Smart Curing is an intelligent and adaptive solution significantly streamlining curing processes while delivering high-quality results. Additionally, the introduction of Rapid SizeShifter eliminates time-consuming direct-to-garment pallet changes typically required to address disparate applications.

Kornit’s new energy-efficient Smart Curing solutions include Orion for mid-level production, and Titan for higher-capacity volumes – both optimized for compatibility with Kornit Atlas MAX systems and based on field-proven solutions from the acquisition of Tesoma. These highly efficient curing systems sync production and finishing for an end-to-end process that reduces both energy consumption and total cost of ownership (TCO). Kornit’s Rapid SizeShifter for Atlas MAX is an adjustable pallet that quickly adapts to disparate application requirements – reducing costly downtime associated with pallet changes and streamlining production for accelerated time-to-market.

(c) Avgol by Indorama Ventures Limited
30.12.2022

Avgol® wins Procter & Gamble Supplier Excellence Award

Avgol®, an Indorama Ventures Limited company, has been honoured with the Supplier Excellence Award by leading global brand Procter & Gamble.

The award was in recognition of Avgol, a leader in the manufacture of high-performance nonwoven fabric solutions, ‘being a notable and valuable supplier over the last fiscal year’ to the P&G Baby Care Business Unit.

Avgol CEO Tommi Bjornman said receiving the honour from P&G for the first time is a source of great pride for the company. “The assessment process for the award focuses on us as the supplier showing outstanding contributions across a range of key categories,” he said. “I am delighted and proud that the Avgol team was unanimously identified as being strongest in terms of our collaboration with the customer, as well as in our continuous improvement efforts across all regions of P&G’s global Baby Care program.

“It was heartening that, in making the award, P&G further noted that Avgol’s efforts have significantly assisted in their own commercial growth during a challenging period for the Hygiene market,” he said.

Avgol®, an Indorama Ventures Limited company, has been honoured with the Supplier Excellence Award by leading global brand Procter & Gamble.

The award was in recognition of Avgol, a leader in the manufacture of high-performance nonwoven fabric solutions, ‘being a notable and valuable supplier over the last fiscal year’ to the P&G Baby Care Business Unit.

Avgol CEO Tommi Bjornman said receiving the honour from P&G for the first time is a source of great pride for the company. “The assessment process for the award focuses on us as the supplier showing outstanding contributions across a range of key categories,” he said. “I am delighted and proud that the Avgol team was unanimously identified as being strongest in terms of our collaboration with the customer, as well as in our continuous improvement efforts across all regions of P&G’s global Baby Care program.

“It was heartening that, in making the award, P&G further noted that Avgol’s efforts have significantly assisted in their own commercial growth during a challenging period for the Hygiene market,” he said.

In 2018, Indorama Ventures Limited (IVL), a leading petrochemicals producer and global integrated leader in PET and fibres, acquired majority ownership of Avgol, resulting in a focused and faster growth of Avgol Nonwovens.

“With the combined financial, technical, commercial strength and expertise of Avgol and IVL, Avgol has been working hard to develop innovative products, putting sustainability front and centre in our plans for the future and ensuring we deliver the very best product and service to our customers around the world,” said Tommi Bjornman.

 

Source:

Avgol by Indorama Ventures Limited / PHD Marketing Ltd

17.06.2022

"Lifting Tariffs Would Cement China’s Dominance of Global Manufacturing"

Textile Groups Urge U.S. to Maintain Penalty Tariffs on Finished Products

The Biden administration should maintain Section 301 penalty tariffs on finished textiles and apparel or risk reversing once-in-a-lifetime nearshoring trends and undermining critical investments and jobs in the U.S. and Western Hemisphere, three key American textile manufacturing groups said today.

In a formal submission to the U.S. Trade Representative’s (USTR) office, which is conducting a four-year statutory review of the tariffs, the associations expressed strong support for the continuation of penalty tariffs on imports from China and warned of the consequences associated with removing the tariffs.

“A key aspect of [the Biden administration’s trade] policy is the need to maintain Section 301 tariffs, absent substantive improvements in China’s pervasive, predatory trade practices,” the groups said. Lifting the tariffs “would also do nothing to achieve the administration’s goal of easing inflationary pressures, as apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs,” they noted.

Textile Groups Urge U.S. to Maintain Penalty Tariffs on Finished Products

The Biden administration should maintain Section 301 penalty tariffs on finished textiles and apparel or risk reversing once-in-a-lifetime nearshoring trends and undermining critical investments and jobs in the U.S. and Western Hemisphere, three key American textile manufacturing groups said today.

In a formal submission to the U.S. Trade Representative’s (USTR) office, which is conducting a four-year statutory review of the tariffs, the associations expressed strong support for the continuation of penalty tariffs on imports from China and warned of the consequences associated with removing the tariffs.

“A key aspect of [the Biden administration’s trade] policy is the need to maintain Section 301 tariffs, absent substantive improvements in China’s pervasive, predatory trade practices,” the groups said. Lifting the tariffs “would also do nothing to achieve the administration’s goal of easing inflationary pressures, as apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs,” they noted.

The submission was filed by the National Council of Textile Organizations (NCTO) and the Narrow Fabrics Institute (NFI) and Industrial Fabrics Institute (USIFI) – both divisions of the Advanced Textiles Association (ATA).  The associations represent the entirety of the U.S. textile production chain.

“For decades, China’s illegal actions have undermined virtually every domestic manufacturing sector and contributed to the direct loss of millions of U.S. jobs. These devastating state-sponsored practices include intellectual property theft as well as pervasive state-ownership of manufacturing, industrial subsidies, and abhorrent labor and human rights abuses in the Xinjiang region,” they noted. “Cancelling these tariffs would create further unhealthy dependence on Chinese supply chains and embolden future systematic trade abuses as bad actors know that the U.S. will not hold them accountable.”

The tariffs were imposed on China beginning in 2018 in response to China’s continuing IP and related trade violations. China has since failed to comply with an agreement it reached with the United States in 2020.

More information:
NCTO Tariffs China
Source:

NCTO

05.01.2022

EFI announced to accelerate investment into its Inkjet and Fiery business units

Electronics For Imaging, Inc. is announcing that it will be prioritizing technology investments to accelerate growth in its fast-growing industrial EFI™ Inkjet business to continue to be a leader in the industry of analog-to-digital transition, as well as in its market-leading Fiery® business. As part of this focused strategy, EFI has completed a sale of its eProductivity Software (“EPS”) packaging and print productivity software business to an affiliate of Symphony Technology Group (“STG”). EFI and EPS will continue to collaborate with their joint customers and partners to ensure mutual success.

This realignment allows EFI to accelerate investment into its Inkjet and Fiery business units to capitalize on the growth opportunities available in existing segments the company serves, as well as drive expansion into markets that are beginning the transformation toward digital.

Electronics For Imaging, Inc. is announcing that it will be prioritizing technology investments to accelerate growth in its fast-growing industrial EFI™ Inkjet business to continue to be a leader in the industry of analog-to-digital transition, as well as in its market-leading Fiery® business. As part of this focused strategy, EFI has completed a sale of its eProductivity Software (“EPS”) packaging and print productivity software business to an affiliate of Symphony Technology Group (“STG”). EFI and EPS will continue to collaborate with their joint customers and partners to ensure mutual success.

This realignment allows EFI to accelerate investment into its Inkjet and Fiery business units to capitalize on the growth opportunities available in existing segments the company serves, as well as drive expansion into markets that are beginning the transformation toward digital.

Industrial Inkjet: Capturing Unprecedented Opportunity
The industrial inkjet space is ripe with opportunity in existing and adjacent vertical markets. EFI Inkjet will continue to drive in high-volume, shuttle and single-pass inkjet technology, which the company has currently implemented in award-winning, high-performance products for the Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Decor verticals. EFI will also leverage its industry-leading expertise in hardware, mechanical control software, high-speed electronics, services, cloud-connected devices, and ink innovations to deliver the next generation of versatile, high-volume, superior-quality printers and presses.
 
Following the realignment, EFI is making investments in R&D to strengthen its position in core markets while entering new categories – including the development of technologies to address new applications for the textile space and for packaging.

Fiery: Driving Digital Print Innovation and Growth
The Fiery business unit, under the continued leadership of Fiery Chief Operating Officer and General Manager Toby Weiss, remains as one of the world’s premier DFE providers, enabling the high performance required across many vertical markets including packaging, signage and commercial print with advanced Fiery solutions driving high-end printers and presses from many major equipment manufacturers.

Productivity Software: Investing for Growth under New Ownership
EPS’ new owner, STG, is a private equity firm that focuses on investing in software, data analytics, and software-enabled technology services companies, and will support EPS to deliver enhanced value to its packaging and print customers and accelerate global growth. STG completed this acquisition on December 30, 2021. The price and terms of the deal were not disclosed.
 
Moelis & Company LLC served as exclusive financial advisor, and Sidley Austin LLP acted as legal counsel, to EFI in the sale of EPS. Paul Hastings LLP acted as legal advisor to STG.
 
EFI’s upcoming Connect users conference will be a joint event for EFI and EPS customers. Leaders from both companies will highlight their technology enhancements and product roadmap strategies during the January 17-21 Las Vegas gathering.

Source:

EFI

Trützschler: New Pre-Cleaner CL-X for Cotton (c) Trützschler GmbH & Co. KG
09.07.2021

Trützschler: New Pre-Cleaner CL-X for Cotton

Double the production rate, with lower energy consumption per kilogram of fiber material – that might sound like a contradiction, but the new Trützschler pre-cleaner CL-X makes it possible. It gently and reliably removes coarse contaminants like leaf debris, stalks or seeds from cotton with minimum loss of good fibers. The pre-cleaner CL-X provides more efficiency and lays the foundation for a high-quality end-product before the cotton is further processed in mixers and fine cleaners.

CL-X features at one glance

Double the production rate, with lower energy consumption per kilogram of fiber material – that might sound like a contradiction, but the new Trützschler pre-cleaner CL-X makes it possible. It gently and reliably removes coarse contaminants like leaf debris, stalks or seeds from cotton with minimum loss of good fibers. The pre-cleaner CL-X provides more efficiency and lays the foundation for a high-quality end-product before the cotton is further processed in mixers and fine cleaners.

CL-X features at one glance

  • Continuous production of 1,600 kilograms per hour for present blow room configuration.
  • 30% energy saving compared to the current benchmark.
  • Integrated WASTECONTROL for automatic adjustment recommendation of waste excretion to avoid unnecessary fiber loss.
  • 2.60 m long cleaning section.
  • New and improved grid geometry for better separation and gentle tuft treatment.
  • Material draft due to 10 % higher speed of second opening roller for reliable and consistent fiber transport.
  • Optimal cleaning level and minimal fiber loss due to individual and stepless grid adjustment for each opening roller by motor.
  • Gentle tuft treatment with adjustable opening roller speed.
  • Synchronized lot management (automatic lot change for up to three lots).
  • Connection possibility for a waste box (for waste analysis).
  • Lower cost of ownership.
11.06.2021

EFI Reggiani introduces Textile Digital Printer

The new, industrial, entry-level EFI™ Reggiani BLAZE scanning printer from Electronics For Imaging, Inc. is making its debut at the ITMA Asia tradeshow, 12-16 June in Shanghai, China. The high-quality printer is an easy-to-use, smart solution to help textile companies blaze their successful trail into the world of efficient, sustainable industrial inkjet printing. It is equipped with EFI Reggiani’s state-of-the-art technology, offering high quality, reliability and flexibility on the widest variety of designs.

The new, industrial, entry-level EFI™ Reggiani BLAZE scanning printer from Electronics For Imaging, Inc. is making its debut at the ITMA Asia tradeshow, 12-16 June in Shanghai, China. The high-quality printer is an easy-to-use, smart solution to help textile companies blaze their successful trail into the world of efficient, sustainable industrial inkjet printing. It is equipped with EFI Reggiani’s state-of-the-art technology, offering high quality, reliability and flexibility on the widest variety of designs.

Cutting-edge technology in a compact footprint
The EFI Reggiani BLAZE printer is designed to give textile companies the opportunity to enter the digital textile printing market with a compact solution. The new, 1.8-metre wide printer offers an innovative, low-maintenance, continuous recirculation ink system equipped with a level sensor and degassing as well as a printhead crash protective system for longer printhead life and superior uptime.
 
Thanks to its cutting-edge printhead reliability and low maintenance costs for a competitive TCO (total cost of ownership), the BLAZE printer can produce up to 125 linear metres per hour with a printing resolution up to 600x1200 dots per inch (dpi). The printer – which delivers excellent productivity as one of the fastest digital inkjet solutions in its class – has eight 300-dpi dual channel printheads and can print in up to eight colours with full variable drop size.

Flexible fabric feed and handling for higher productivity
The EFI Reggiani BLAZE is equipped with a continuous and switchable belt washing unit to remove water and fabric hairs. An embedded device for adhesive application offers the possibility to use thermoplastic, resin and permanent adhesives.
 
The printer also includes other features for enhanced productivity and value, including a 400-mm roll unwinder, expandable shafts, an air gun and a pneumatic bar for standard fabrics.

Efficient software and electronics technology
The Reggiani BLAZE printer offers a friendly and intuitive user interface with real-time image processing and flexible queue management. The software also runs a WYSIWYG (What You See Is What You Get) job editor, as well as tools to accurately predict printing speed and ink usage.

EFI Reggiani TERRA Silver enhancement
EFI has also released an enhanced version of the EFI Reggiani TERRA Silver printer, a 1.8-metre wide printer operating with EFI Reggiani’s unique TERRA pigment ink with binder solution for high-quality, highly sustainable, direct-to-textile printing without steaming or washing.

Features:

  • A new recirculating ink system for superior reliability and minimum maintenance at start up and during production
  • Several printing modes to ensure maximum flexibility in terms of design capability
  • New, real-time image processing that eliminates time spent in image pre-calculations
  • A user friendly, intuitive interface
  • A more-efficient polymerisation process that takes place as printed textile goes through the printer’s on-board dryer.