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Uncoated, ultra-bright virgin fibre liner with exceptional feel and colour reproduction (c) Sappi
Fusion Nature Blog
20.04.2021

Uncoated, ultra-bright virgin fibre liner with exceptional feel and colour reproduction

Sappi is expanding its product range for corrugated board applications with Fusion Nature Plus.

With Fusion Nature Plus, Sappi is launching an uncoated, fully bleached and completely recyclable virgin fibre liner. The company provides a unique variety of packaging and speciality papers. The specialist in paper-based solutions also offers a wide range of products in relation to labels. Fusion Nature Plus offers excellent printing results in flexographic, digital and offset printing processes.

  • Ultra-bright, uncoated virgin fibre paper with excellent printing results
  • Ideal for attractive corrugated board as well as premium shopping bags
  • Can be used as topliner, liner or fluting
  • Available in grammages of 80 to 130 g/m²

The virgin fibre liner is based on the concept of the successful Fusion Topliner. In contrast to the double-coated Fusion Topliner, Fusion Nature Plus has a natural, uncoated surface with a more tactile feel, in response to the growing market appetite for this type of product. The liner is also provided in very low grammages.

Sappi is expanding its product range for corrugated board applications with Fusion Nature Plus.

With Fusion Nature Plus, Sappi is launching an uncoated, fully bleached and completely recyclable virgin fibre liner. The company provides a unique variety of packaging and speciality papers. The specialist in paper-based solutions also offers a wide range of products in relation to labels. Fusion Nature Plus offers excellent printing results in flexographic, digital and offset printing processes.

  • Ultra-bright, uncoated virgin fibre paper with excellent printing results
  • Ideal for attractive corrugated board as well as premium shopping bags
  • Can be used as topliner, liner or fluting
  • Available in grammages of 80 to 130 g/m²

The virgin fibre liner is based on the concept of the successful Fusion Topliner. In contrast to the double-coated Fusion Topliner, Fusion Nature Plus has a natural, uncoated surface with a more tactile feel, in response to the growing market appetite for this type of product. The liner is also provided in very low grammages.

Fusion Nature Plus enhances brand appearance

Brand owners, corrugated board processors, manufacturers of display cartons and folding cartons as well as designers all benefit from the versatility of the new Fusion Nature Plus. In contrast to conventional uncoated liner papers, the material offers high brightness, brilliant colour reproduction and consistently high quality. These features make the product the perfect choice for corrugated board or solid board packaging, where a very bright appearance is needed for topliners, inner liners and corrugating applications. Whether used as an inlay in cosmetics or confectionery packaging, or as a liner in shipping packaging to ensure an exceptional unboxing experience, Fusion Nature Plus is called upon wherever an enhanced appearance is desired.

Another area of application is paper carrier bags, where uncoated paper qualities are often preferred.

Fusion Nature Plus is ideally suited to a range of printing processes: the product achieves outstanding results in flexographic and offset printing. The pre-treated surface and high brightness offer clear advantages with regard to primer requirements and print behaviour, especially for inkjet-based digital printing. Bernd Gelder, Head of Sales Containerboard at Sappi Europe: ‘With its exceptional print quality and impressive colour reproduction, Fusion Nature Plus particularly appeals to packaging customers who value a natural look and feel in paper. The response from the market, in which packaging based on corrugated board still needs to take on a bigger role, is enormous, of course, with the result that we have succeeded in completing a number of interesting end applications and customer projects with Fusion Nature Plus shortly after market launch.’

Virgin fibre vital for recycling

In continuous recycling use, fiber that has already been recycled is subject to a progressive weakening of quality, resulting in a weakness in the products that incorporate them, but also, crucially, over time they will ultimately degrade to a point where they become unrecoverable. As a result, a certain amount of virgin fibre needs to be introduced into the cycle on a regular basis. Without continuous virgin fibre contribution to the pulp cycle, recycled producers will in the end run out of raw material. The premium virgin fibre liner Fusion Nature Plus from Sappi plays an important role here in maintaining the quality of the recycling substrate.

Thanks to the central location of Sappi’s production site in Ehingen, Fusion Nature Plus can be supplied quickly throughout Europe. The shorter transportation distances reduce transport related fossil emissions and protect the environment. The shorter production cycles in turn ensure high availability and rapid supply.

Fusion Nature Plus is currently available in six grammages from 80 to 130 g/m² in both sheet and roll form. Sappi can also provide Fusion Nature Plus with FSC or PEFC certificates on request.

19.04.2021

Checkpoint expands its feature HALO platform

Checkpoint  Systems, the vertically integrated solutions provider for retail, has announced the expansion of its HALO®Internet of Things (IoT) RFID software platform with the release of HALO 12.2.0.

Building on the software platform, this latest release includes a number of new features that will elevate it further.:

Checkpoint  Systems, the vertically integrated solutions provider for retail, has announced the expansion of its HALO®Internet of Things (IoT) RFID software platform with the release of HALO 12.2.0.

Building on the software platform, this latest release includes a number of new features that will elevate it further.:

  • Enhanced replenishment capabilitiesmaking picking and sales floor stocking easier, faster and more efficient. This saves retailers time, improves the customer shopping experience and drives increased revenue
  • Expanded in-store receiving capabilities, providing stores with improved insights into stock arrivals, driving sales by ensuring the stock gets onto the sales floor faster
  • Enhanced omnichannel in-store fulfilment with expanded shipping and packing capabilities. Retailers can make the most efficient use of their bricks and mortar stores to handle omnichannel purchases
  • Continued expansion of RFID label options with new tagging features that are compatible with a wide variety of label options, providing easy-to-use processes that make a store associate’s job more efficient every day
  • Expanded reporting capabilities provides a comprehensive performance overview of the business with metrics on KPIs that facilitate enterprise-wide successes all in one easy-to-access location
  • Increased RFID device options, making the software  platform compatible with a wider range of devices already deployed by stores
  • More inventory count options via new standard  API that simplifies connections to different fixed sensors, robots and drones. This makes the stock counting process more accurate and efficient
  • Expanded translation capabilities, facilitating quick and efficient customisation to local dialects so that HALO can be deployed fasteracross an international estate.
15.04.2021

Rieter Annual General Meeting 2021

Based on Article 27 of Regulation 3 on measures to combat the Corona Virus (COVID-19), the Board of Directors of Rieter Holding Ltd. decided that shareholders can exercise their voting rights exclusively by authorizing the independent proxy. Shareholders therefore could not attend the Annual General Meeting in person. The AGM was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 15, 2021, the independent proxy represented a total of 2 084 shareholders who hold 63.6% of the share capital.

The shareholders approved the proposal of the Board of Directors not to distribute a dividend in view of the negative business result. In addition, they approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2022.

Based on Article 27 of Regulation 3 on measures to combat the Corona Virus (COVID-19), the Board of Directors of Rieter Holding Ltd. decided that shareholders can exercise their voting rights exclusively by authorizing the independent proxy. Shareholders therefore could not attend the Annual General Meeting in person. The AGM was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 15, 2021, the independent proxy represented a total of 2 084 shareholders who hold 63.6% of the share capital.

The shareholders approved the proposal of the Board of Directors not to distribute a dividend in view of the negative business result. In addition, they approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2022.

The Chairman of the Board, Bernhard Jucker, and the members of the Board of Directors This E. Schneider, Hans-Peter Schwald, Peter Spuhler, Roger Baillod, Carl Illi and Luc Tack were confirmed for an additional one-year term of office. Stefaan Haspeslagh was newly elected to the Board of Directors for a one-year term of office.

Furthermore, 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.

Shareholders also adopted all other motions proposed by the Board of Directors, namely the approval of the annual report, the financial statements and the consolidated financial statements for 2020, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the year under review.

Outlook Updated
As already communicated at the Results Press Conference on March 9, 2021, Rieter expects the market recovery to continue in 2021. The company expects an order intake exceeding CHF 500 million in the first half of 2021. For the first half of 2021, Rieter still anticipates that sales will be below break-even point. For the full year 2021, Rieter expects an operating profit.

More information:
Rieter spinning machinery spinning
Source:

Rieter Management AG

DENIMAZING: a new denim world (c) DENIMAZING
New Denim World
14.04.2021

DENIMAZING: a new denim world

  • The new platform created for b2b / b2c online sales entirely dedicated to the business of denim.

The year 2020 witnessed an acceleration in the importance of online sales. It is now clear to anyone involved the business of sales that e-commerce represents the future.

That’s when the creative idea by Laura Pianazza, founder of DENIMAZING (combination of DENIM and AMAZING), was launched on the platform powered by VELVET.  Its prime objective is to help small and medium sized companies to increase their online sales, focusing on the development of marketing strategies in an omnichannel environment thanks to an intelligent balance between technology and professional experience.

  • The new platform created for b2b / b2c online sales entirely dedicated to the business of denim.

The year 2020 witnessed an acceleration in the importance of online sales. It is now clear to anyone involved the business of sales that e-commerce represents the future.

That’s when the creative idea by Laura Pianazza, founder of DENIMAZING (combination of DENIM and AMAZING), was launched on the platform powered by VELVET.  Its prime objective is to help small and medium sized companies to increase their online sales, focusing on the development of marketing strategies in an omnichannel environment thanks to an intelligent balance between technology and professional experience.

Laura Pianazza derives her professional experience from the editorial sector, where she was active for many years on a European level for a trade magazine specialized in the denim business. Thanks to this background, she was able to develop a strong network of contacts with entrepreneurs, top management and marketing agencies. Her constant interaction with customers shed light on the digital challenges present in most Italian companies: firstly, the fragmentation of services offered online and, secondly, the lack of integration between technology and marketing strategies. The latter is the one most often neglected by firms and Laura recognized many risked not being well prepared for this transformational shift in business by investing little time and at a slow pace.

The DENIMAZING project works side by side with denim fabric manufacturing companies (b2b), finished product brands and distribution companies (b2c), all with the same common denominator: denim. A unique service assisting raw materials manufacturers in finding market niches in companies that create product, who in their own right would like their brand to be seen and sold to a growing customer base. In the b2b landscape, companies can sell their own fabrics by the meter thanks to their own 3D presentation and customers can virtually visit their showrooms. Similarly, brands will have the same possibility to sell their creations as on a real e-commerce site, thanks to virtual tours in their showroom and specific areas for sales and/or chatting/videocalls with end-customers. Instead, for companies providing supply chain services (coloring, washing, etc.), individual virtual rooms will be made available inside the marketplace, in order to speak directly with sales managers from brands and the fabric companies.

The business side is just one aspect of this project. Thanks to its partnership with the marketing and online sales agency VELVET, DENIMAZING grows based upon a series of key tasks during different phases, namely: platform construction, marketing and advertising, both traditional and via web and social medias.

Not only has Laura has added a series of high-level technology/web master courses to her experience, but DENIMAZING also brings together a team of qualified professionals having a longtime experience in different fields of the denim business: sales, entrepreneurs, web design and marketing, while the end-customer will be in direct contact with the headquarters for assistance, customer care and updates.

Source:


EFFE-BI SRL
PR MEDIA AGENCY

Baldwin receives three FlexoCleanerBrush™ orders in 30 days (c) Baldwin Technology
Baldwin’s three new FlexoCleanerBrush installations are located in Bevaria (Germany), Michigan (US) and Florida (US). The Florida order was secured in partnership with local agent Technoflex in South Carolina (US).
23.03.2021

Baldwin receives three FlexoCleanerBrush™ orders in 30 days

  • Full-width automated cleaning system will be installed on high-graphics corrugated presses

Baldwin Technology Company Inc. has successfully landed three new FlexoCleanerBrush orders, with a total of 16 cleaning heads, from customers in the US and Germany. During the COVID-19 pandemic, Baldwin has delivered a total of 30 FlexoCleanerBrush cleaning heads, thanks to close collaboration between onsite team members, local agents, the company’s global sales organization, and support from its product and technology center in Germany. With the FlexoCleanerBrush system, an inline cleaning station installed within each print unit uses a brush that runs the full width of each printing plate. Paired with a precision spray application system, the FlexoCleanerBrush evenly distributes a mixture of detergent and water across the plate as it spins, gently cleaning its surface. The plates are then dried by the integrated air knife.

  • Full-width automated cleaning system will be installed on high-graphics corrugated presses

Baldwin Technology Company Inc. has successfully landed three new FlexoCleanerBrush orders, with a total of 16 cleaning heads, from customers in the US and Germany. During the COVID-19 pandemic, Baldwin has delivered a total of 30 FlexoCleanerBrush cleaning heads, thanks to close collaboration between onsite team members, local agents, the company’s global sales organization, and support from its product and technology center in Germany. With the FlexoCleanerBrush system, an inline cleaning station installed within each print unit uses a brush that runs the full width of each printing plate. Paired with a precision spray application system, the FlexoCleanerBrush evenly distributes a mixture of detergent and water across the plate as it spins, gently cleaning its surface. The plates are then dried by the integrated air knife.

“With two of the recent orders, the customers had already installed the FlexoCleanerBrush in other locations. One of them reported as much as a 30 percent production capacity increase, thanks to the  installation,” said Lee Simmonds, Regional Sales Manager at Baldwin. “Both customers have experienced insufficient results with their original traversing cloth cleaning systems, which will now be removed and replaced with the full-width, stand-alone, automated FlexoCleanerBrush technology from Baldwin.”

Improving sustainability is one of the key drivers for investments in the corrugated printing industry. The FlexoCleanerBrush dramatically cuts water waste by cleaning plates more efficiently. In a recent independent study that was conducted to validate the capacity of the automated system, the FlexoCleanerBrush could fully clean and dry all printing plates in less than four minutes and pick hickeys in seconds.

Besides offering efficient cleaning during runs and fast end-of-job cleaning, the FlexoCleanerBrush system also enables operators to remove dry plates from the machine without the potential risk of plates sticking together once they are placed back in the plateracking system. This helps to ensure increased board throughput, less downtime and a safer working environment by eliminating operators’ contact with nip points, moving parts and chemicals.

Source:

Baldwin Technology

09.03.2021

Rieter Financial Year 2020

Financial Year 2020

As a consequence of the COVID-19 pandemic, Rieter closed the 2020 financial year with sales of CHF 573.0 million, which corresponds to a decrease of 25% compared to the previous year (2019: CHF 760.0 million). Due to the low sales volume, a loss of CHF 84.4 million was recorded at the EBIT level while at the net profit level the loss was CHF 89.8 million. In view of the loss in the 2020 financial year, the Board of Directors proposes that shareholders waive the payment of a dividend for 2020.

Order intake of CHF 640.2 million in the 2020 financial year was 31% down on the previous year (2019: CHF 926.1 million). Following the significant slump in demand in the second quarter of 2020 (CHF 45.7 million), order intake recovered in the third quarter (CHF 174.4 million) and improved further in the fourth quarter (CHF 215.1 million).

At the end of 2020, the company had an order backlog of about CHF 560 million (December 31, 2019: about CHF 500 million).

Financial Year 2020

As a consequence of the COVID-19 pandemic, Rieter closed the 2020 financial year with sales of CHF 573.0 million, which corresponds to a decrease of 25% compared to the previous year (2019: CHF 760.0 million). Due to the low sales volume, a loss of CHF 84.4 million was recorded at the EBIT level while at the net profit level the loss was CHF 89.8 million. In view of the loss in the 2020 financial year, the Board of Directors proposes that shareholders waive the payment of a dividend for 2020.

Order intake of CHF 640.2 million in the 2020 financial year was 31% down on the previous year (2019: CHF 926.1 million). Following the significant slump in demand in the second quarter of 2020 (CHF 45.7 million), order intake recovered in the third quarter (CHF 174.4 million) and improved further in the fourth quarter (CHF 215.1 million).

At the end of 2020, the company had an order backlog of about CHF 560 million (December 31, 2019: about CHF 500 million).

Business Groups
Sales of the Business Group Machines & Systems amounted to CHF 295.8 million in 2020, which corresponds to a decrease of 24% compared to the previous year. Due to the low volume and taking into account the expenditure on the ongoing innovation program, the business group recorded a loss of CHF 72.4 million at the EBIT level. Order intake in the reporting year was CHF 363.9 million (-35% compared to the previous year).

The Business Group Components with sales of CHF 174.3 million (-24% compared to the previous year) achieved a profit of CHF 1.4 million at the EBIT level before restructuring charges. EBIT after restructuring charges was CHF -5.5 million. The order intake with CHF 169.1 million (-24% compared to the previous year) was just below sales.

The Business Group After Sales achieved sales of CHF 102.9 million (-27% compared to the previous year) and a positive EBIT of CHF 1.8 million. Order intake was CHF 107.2 million (-24% compared to the previous year). Over 60% of spinning mills were shut down in the second quarter of 2020, with a corresponding impact on the demand for spare parts.

Dividend
Due to the loss of CHF 89.8 million at the net profit level in the 2020 financial year, the Board of Directors proposes that shareholders waive the distribution of a dividend.

Outlook
Rieter expects the market recovery that began in the second half of 2020 to continue in 2021. The company expects an order intake in the first half of 2021 exceeding that of the previous half year (second half of 2020: CHF 389.5 million). Thanks to the improved capacity utilization, Rieter is planning short-time working in only a few areas in the first half of 2021. Nonetheless, as already announced, Rieter still anticipates that sales in the first half of 2021 will be below the break-even point. In connection with the high order backlog at the beginning of 2021, Rieter expects an operating profit for the full year 2021.

Source:

Rieter Management AG

08.03.2021

Kornit Digital: Tayprint implemented Kornit Avalanche HD6 system for apparel production

Kornit Digital announced United Kingdom-based Tayprint has implemented the Kornit Avalanche HD6 system for efficient, versatile direct-to-garment (DTG) apparel production on demand. This technology effectively replaces the use of screen printing within their operation, reducing their cost per print while making short runs profitable, eliminating inventory and resource waste, speeding production, and ensuring nearly unlimited design capabilities, applied to a broad array of materials, using a single eco-friendly ink set.

Kornit Digital announced United Kingdom-based Tayprint has implemented the Kornit Avalanche HD6 system for efficient, versatile direct-to-garment (DTG) apparel production on demand. This technology effectively replaces the use of screen printing within their operation, reducing their cost per print while making short runs profitable, eliminating inventory and resource waste, speeding production, and ensuring nearly unlimited design capabilities, applied to a broad array of materials, using a single eco-friendly ink set.

While Tayprint predominantly serves as a provider of large-format digital printing, delivering approximately 500,000 square metres of imprinted product annually, they had established a screen-printing operation, as well, generating roughly £200,000 in t-shirt sales per year. While this provided a strong profit channel, screens offered limited growth potential, as order volumes were shrinking, customers demanded quick turnaround, graphic capabilities were limited, and setting up was a drain on both labour and materials. Each of these drawbacks are addressed by Kornit’s on-demand digital production technology, which enables suppliers to imprint apparel in any quantity, using a single-step process, completing the process in mere minutes.

Source:

pr4u

25.02.2021

PCMC launches fully modular ION digital conversion system

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, has announced the launch of its ION digital conversion system.

This new flexible inkjet printing solution provides superior print quality for many platforms, including labels, folding cartons, flexible packaging and other specialty printing markets. With industry-leading 1600 by 1585 dpi native resolution, the system can print in various modes at speeds up to 668 feet per minute.

The ION digital conversion system is powered by Memjet’s DuraLink® technology. DuraLink combines long-life printheads, pigment ink and flexible modules that can be configured from 8.5-inch print widths up to 60 inches. DuraLink’s aqueous pigmented ink-set offers a durable, water and light-fast solution for a variety of digital print needs. With these features, PCMC can quickly and easily develop solutions for high-volume commercial, packaging and industrial printing markets.

The ION is a fully modular system and is available as a mono-color print-bar and full-color printing platform with expanded gamut printing.

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, has announced the launch of its ION digital conversion system.

This new flexible inkjet printing solution provides superior print quality for many platforms, including labels, folding cartons, flexible packaging and other specialty printing markets. With industry-leading 1600 by 1585 dpi native resolution, the system can print in various modes at speeds up to 668 feet per minute.

The ION digital conversion system is powered by Memjet’s DuraLink® technology. DuraLink combines long-life printheads, pigment ink and flexible modules that can be configured from 8.5-inch print widths up to 60 inches. DuraLink’s aqueous pigmented ink-set offers a durable, water and light-fast solution for a variety of digital print needs. With these features, PCMC can quickly and easily develop solutions for high-volume commercial, packaging and industrial printing markets.

The ION is a fully modular system and is available as a mono-color print-bar and full-color printing platform with expanded gamut printing.

“We are excited to add ION digital to our product portfolio,” said Rodney Pennings, PCMC’s Printing, Coating and Laminating Sales Director. “The combination of PCMC’s vast experience in flexographic printing with Memjet’s breakthrough inkjet technology results in a powerful solution for our customers in a variety of print and packaging markets.”

Source:

Barry Wehmiller

SGL Carbon Anlagen: Dichtheitsnachweis DIN EN1591-1 (c) SGL CARBON SE
PTFE Füllkörperkolonne
17.02.2021

SGL Carbon plants: DIN EN1591-1 tightness certification

  • SGL Carbon supplies first plants with DIN EN1591-1 tightness certification to the chemical industry
  • First column already delivered to major European customer

In plant operation in the chemical industry, the tightness of flanged joints is becoming increasingly important when dealing with aggressive and corrosive operating media. In accordance with European Union requirements, the German government has defined new requirements in the first administrative regulation to the Federal Immission Control Act (BImSchG), which will apply from January 2021. SGL Carbon is the first manufacturer of PTFE-lined columns to be able to provide the required proof of tightness according to DIN EN 1591-1 and has already delivered the first column with the new certification to a major European customer.

  • SGL Carbon supplies first plants with DIN EN1591-1 tightness certification to the chemical industry
  • First column already delivered to major European customer

In plant operation in the chemical industry, the tightness of flanged joints is becoming increasingly important when dealing with aggressive and corrosive operating media. In accordance with European Union requirements, the German government has defined new requirements in the first administrative regulation to the Federal Immission Control Act (BImSchG), which will apply from January 2021. SGL Carbon is the first manufacturer of PTFE-lined columns to be able to provide the required proof of tightness according to DIN EN 1591-1 and has already delivered the first column with the new certification to a major European customer.

Specifically, the Technical Instructions on Air Quality Control (TA-Luft) of the Federal Immission Control Act (BImSchG) prescribe new, stricter emission values (leakage class L0.01) for keeping the air clean, which must be complied with when operating plants requiring a permit. In order to be able to guarantee the technical tightness of steel/PTFE flanged joints, SGL Carbon, together with a working group of other companies, first determined the EN 13555 sealing characteristic values, which reflect the material-specific PTFE properties as well as the characteristic manufacture and shaping of the linings. With these characteristic values integrated in a database, SGL experts were able to perform realistic DIN EN 1591-1 calculations for flanged joints of a packed column lined with POLYFLURON PTFE and prove the tightness in accordance with TA-Luft. The design, final acceptance and pressure tests in accordance with Directive 2014/68/EU (PED) were successfully certified by a recognized notified body.

"With the rapid implementation of the new  tightness requirements for columns, our solutions offer customers further significant added value, which is currently also being applied to other products. Our sales team and technical service are available to provide customers with comprehensive advice on the new directives and our products," explains Ralph Spuller, Director Product Management in the Process Technology (PT) Business Unit at SGL Carbon.

11.02.2021

Kornit expands digital textile production in Turkey with Matset partnership

Kornit Digital has announced its partnership with Matset (Turkey) as it continues to broaden its market presence.

Delivering digital textile production-on-demand solutions to the Turkish market
With over 45 years of experience, Matset has a long-standing reputation as being a pioneer of innovation in the printing industry. After the first meeting, Kornit and Matset were quick to recognize how their partnership would effectively accelerate the development of the Kornit brand and solutions in the Turkish market. The deal will see Matset sell and deliver after-sales support for all Kornit textile solutions, including both direct-to-garment and direct-to-fabric product lines, particularly for t-shirts, activewear, denim, fashion, beachwear, home textiles, and fabrics.

Kornit Digital has announced its partnership with Matset (Turkey) as it continues to broaden its market presence.

Delivering digital textile production-on-demand solutions to the Turkish market
With over 45 years of experience, Matset has a long-standing reputation as being a pioneer of innovation in the printing industry. After the first meeting, Kornit and Matset were quick to recognize how their partnership would effectively accelerate the development of the Kornit brand and solutions in the Turkish market. The deal will see Matset sell and deliver after-sales support for all Kornit textile solutions, including both direct-to-garment and direct-to-fabric product lines, particularly for t-shirts, activewear, denim, fashion, beachwear, home textiles, and fabrics.

Doğu Pabuççuoğlu, General Manager at Matset, explains the collaboration combines the digital leading vision of Matset with the market awareness and quality of Kornit’s products: "With Kornit’s production systems, we have made an important addition to our product portfolio. We were able to quickly build a roadmap and are sure the market share will increase very rapidly in the near future. With Kornit’s reliable and creative solutions and our well-known and engaged distribution network, we will provide customers with a strong sales and support service.”

SGL Carbon: Hydrochloric Acid synthesis unit in South India (c) SGL Carbon
Hydrochloric Acid (HCl) synthesis unit with an integrated steam generation engineered and manufactured by SGL Carbon
09.02.2021

SGL Carbon: Hydrochloric Acid synthesis unit in South India

  • Combined HCl acid and steam generation enables significant energy savings and increased cost efficiency

SGL Carbon delivered a Hydrochloric Acid (HCl) synthesis unit with integrated steam generation to Travancore-Cochin Chemicals Ltd. (TCCL), a major producer in the chlor alkali business in South India. End of January, TCCL officially inaugurated its plant in Kochi in India’s Kerala state. Since then, the unit has already been ramped up at the customer’s site to full capacity.

  • Combined HCl acid and steam generation enables significant energy savings and increased cost efficiency

SGL Carbon delivered a Hydrochloric Acid (HCl) synthesis unit with integrated steam generation to Travancore-Cochin Chemicals Ltd. (TCCL), a major producer in the chlor alkali business in South India. End of January, TCCL officially inaugurated its plant in Kochi in India’s Kerala state. Since then, the unit has already been ramped up at the customer’s site to full capacity.

The synthesis unit uses the efficient membrane wall technology and has a capacity of 60 tons of HCl per day. As an additional benefit, this innovative design enables the recovery of waste heat generated in the synthesis unit from the reaction of Hydrogen & Chlorine to produce up to 33 tons of steam at the high pressure of 10 bar every day. This steam can be used elsewhere in the chlor alkali plant, for example when concentrating caustic to flakes. As a result, the energy efficiency of TCCL’s plant goes up substantially since a huge portion of their steam demand can be covered by SGL’s unit. Thereby this helps to save costs as well as reduces CO2 emissions by more than 1.500 tons per year potentially.

The HCl synthesis has been completely engineered and produced at SGL’s production site in Pune, India. Scope of supply also included civil modification services at the customer site on a turnkey basis.

 “Our innovative combined HCl synthesis and steam production units offer a great business value to our customers in the growing Indian chemical market. Together with our proven technical and engineering competence on a global scale we can help our customers to enhance their energy efficiency as the example of TCCL shows”, comments Suneet Sangam, Sales Manager at SGL Carbon India.

“By engineering and producing our units also at SGL’s production site in India, we further strengthen our position as a global process solution provider for corrosive applications leveraging our extensive expertise from our worldwide network. Realizing such ambitious projects in these challenging times of Covid restrictions shows how capable our global team is.“ says Christoph Koch, Director Sales EMEIA at SGL Carbon.

01.02.2021

PCMC names Andy Piotter as Business Development Manager, Packaging Systems

Paper Converting Machine Company (PCMC) is pleased to announce that Andy Piotter has accepted the position of Business Development Manager, Packaging Systems.

In this role, Piotter will develop the company’s new packaging systems division, which will specialize in creating dynamic, comprehensive and efficient tissue packaging systems for customers around the world.

Piotter brings more than 35 years of experience in developing complete packaging systems for a variety of industries. He joins PCMC after being extensively involved in engineering, sales, and business management and development.

“Andy’s expertise and customer relationships are exactly what PCMC needs as we launch this new business segment,” said Jason Hilsberg, Tissue Sales Director for PCMC. “Creating comprehensive, effective and thoughtful packaging systems requires a unique understanding of technology, capital equipment and the ever-changing tissue environment—and Andy brings all of that, in addition to a passion for customer service. We’re thrilled to have him join our team.”

Paper Converting Machine Company (PCMC) is pleased to announce that Andy Piotter has accepted the position of Business Development Manager, Packaging Systems.

In this role, Piotter will develop the company’s new packaging systems division, which will specialize in creating dynamic, comprehensive and efficient tissue packaging systems for customers around the world.

Piotter brings more than 35 years of experience in developing complete packaging systems for a variety of industries. He joins PCMC after being extensively involved in engineering, sales, and business management and development.

“Andy’s expertise and customer relationships are exactly what PCMC needs as we launch this new business segment,” said Jason Hilsberg, Tissue Sales Director for PCMC. “Creating comprehensive, effective and thoughtful packaging systems requires a unique understanding of technology, capital equipment and the ever-changing tissue environment—and Andy brings all of that, in addition to a passion for customer service. We’re thrilled to have him join our team.”

27.01.2021

Rieter: First Information on the Financial Year 2020

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

At the end of 2020, the company had an order backlog of about CHF 560 million (December 31, 2019: about CHF 500 million).

As expected, as a consequence of the economic effects of the COVID-19 pandemic, the Rieter Group closed the 2020 financial year with considerably lower sales than in the previous year. According to the first, as yet unaudited figures, total sales of CHF 573.0 million were achieved, which corresponds to a decrease of 25% compared to the previous year (2019: CHF 760.0 million).

Order Intake by Business Group
All three business groups were affected by the slump in demand in the second quarter of 2020 due to the COVID-19 pandemic. Despite the recovery in order intake in the third and fourth quarters of 2020, the weak second quarter was only partially offset.

The Business Group Machines & Systems was particularly hard hit by the effects of the pandemic, with a year-on-year decline of 35%. The Business Groups Components and After Sales each recorded a 24% reduction in order intake.*

Sales by Business Group
The exceptional market situation in 2020 gave rise to a significant decline in sales in all three business groups. Accordingly, reluctance to invest and deferred deliveries by customers caused sales in the Business Group Machines & Systems to decline by 24% compared to the previous year.

Due to COVID-19, a large number of spinning mills stopped production worldwide. This led to low demand for spare parts and wear parts, especially in the second and third quarters of 2020. Accordingly, compared to the previous year, sales in the Business Groups Components and After Sales fell by 24% and 27% respectively in the 2020 financial year.*

Sales by Region
With the exception of Turkey, all regions were affected by the low demand as a consequence of the COVID-19 pandemic.*

EBIT Margin and Net Profit
In the 2020 financial year, Rieter anticipates an EBIT margin of around -15% (2019: 11.2%) and net profit of around -16% of sales (2019: 6.9%). As of December 31, 2020, Rieter had liquid funds of exceeding CHF 280 million and unused credit lines in the mid three-digit million range.

First Half of 2021 Still Heavily Impacted by the COVID-19 Pandemic
Thanks to the improved capacity utilization, Rieter is planning short-time working in only a few areas in the first half of 2021. Nevertheless, Rieter expects sales in the first half of 2021 to be below the break-even point.*

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

Annual General Meeting April 15, 2021
The 2021 Annual General Meeting of Rieter Holding Ltd. will take place in Winterthur on April 15, 2021.*


*See attached document for more information.

Source:

Rieter Management AG

vombaur: Filtration textiles (c) vombaur
22.01.2021

vombaur: Filtration textiles

From the drinking water and food industries through water management and mining to the automotive and aviation sectors, mechanical filtration processes are used in almost every industry. As different as the methods, dimensions and special requirements of the filtration process are in each case – technical textiles and often tubular filters are almost always used. This means that tubular filters and narrow textiles by vombaur contribute to the safe and reliable separation or treatment of substances in the widest variety of filtration processes.

Individual solutions
The requirements placed on the textile, the material, the flow rate and the loading capacity of the filters depend on the respective use: a tubular for dewatering soil needs to withstand different forces than a tubular filter for the beverages industry. On the other hand, the latter needs to meet the highest hygiene standards. Because the requirements are so individual, vombaur develops customised filtration textiles for its customers all over the world.

From the drinking water and food industries through water management and mining to the automotive and aviation sectors, mechanical filtration processes are used in almost every industry. As different as the methods, dimensions and special requirements of the filtration process are in each case – technical textiles and often tubular filters are almost always used. This means that tubular filters and narrow textiles by vombaur contribute to the safe and reliable separation or treatment of substances in the widest variety of filtration processes.

Individual solutions
The requirements placed on the textile, the material, the flow rate and the loading capacity of the filters depend on the respective use: a tubular for dewatering soil needs to withstand different forces than a tubular filter for the beverages industry. On the other hand, the latter needs to meet the highest hygiene standards. Because the requirements are so individual, vombaur develops customised filtration textiles for its customers all over the world.

Seamless tubular filters
At vombaur, filter media are round woven seamlessly on unique looms. As a result, they have identical surface properties all around and over the entire length, such as flow rate, loading capacity, shrinkage behaviour or material thickness

Narrow textiles for fabricating filter media
"We manufacture our narrow textiles from a wide variety of high-tech yarns. Sometimes monofilament yarn is used, sometimes multifilament, sometimes spun yarn. Like the type of weave, we select the raw materials depending on the function they need to fulfil," emphasises Gert Laarakker, Sales Manager at vombaur. "So that our filtration textiles reliably perform the job they are supposed to perform. Clean. Safe. Sturdy."

Source:

stotz-design.com GmbH & Co. KG

Christian Straubhaar – New Head of Sales at Rieter Machines & Systems (c) Rieter
Christian Straubhaar
14.12.2020

Christian Straubhaar – New Head of Sales at Rieter Machines & Systems

  • In course of the succession planning, Christian Straubhaar will take on the position as Senior Vice President Sales at Rieter Machines & Systems in Winterthur on January 1, 2021.
  • Straubhaar will succeed Reto Thom who will retire.

Christian Straubhaar holds an Engineering Master’s Degree in Industrial Management from the Swiss Federal Institute of Technology in Zurich (ETH) and is a sales executive with 20 years of extensive experience in the textile industry. Recently, Straubhaar was responsible as Group Sales & Marketing Director at Itema for the world-wide sales of machines and spare parts. Prior, he held various positions in Operations and as Business Unit Head in Itema and other global textile companies.

His professional career shows a solid track record in identifying new market potentials and growing the business for the company. Straubhaar has a longstanding experience in selling to both large and small customers and developing key accounts within our industry.

  • In course of the succession planning, Christian Straubhaar will take on the position as Senior Vice President Sales at Rieter Machines & Systems in Winterthur on January 1, 2021.
  • Straubhaar will succeed Reto Thom who will retire.

Christian Straubhaar holds an Engineering Master’s Degree in Industrial Management from the Swiss Federal Institute of Technology in Zurich (ETH) and is a sales executive with 20 years of extensive experience in the textile industry. Recently, Straubhaar was responsible as Group Sales & Marketing Director at Itema for the world-wide sales of machines and spare parts. Prior, he held various positions in Operations and as Business Unit Head in Itema and other global textile companies.

His professional career shows a solid track record in identifying new market potentials and growing the business for the company. Straubhaar has a longstanding experience in selling to both large and small customers and developing key accounts within our industry.

Reto Thom has very successfully lead the Sales department at Rieter Machines & Systems for many years and made an enormous contribution to the success of the company.

More information:
Christian Straubhaar Rieter
Source:

Rieter Holding AG

Flax for Composites: Woven tapes made of natural fibres by vombaur (c) Elke Wetzig, Wikimedia
Lightweight, firm, sustainable: Flax tape by vombaur
02.12.2020

Flax for Composites: Woven tapes made of natural fibres by vombaur

Flax has accompanied people for thousands of years, in linen fabrics, in ropes, as insulation material. And until the present day. With woven tapes made of flax, vombaur makes the functional and ecological advantages of natural fibres available for lightweight design.

Lightweight and firm
Flax fibres are particularly rigid and tear-proof. Textiles made of the natural material therefore give natural fibre reinforced plastic (NFP) special stability. Additionally, flax has a low density. The components thus combine high rigidity and strength with low weight. Another functional plus: natural fibre reinforced plastics are less prone to splintering than glass fibre reinforced plastics.

Sustainable material
The cultivation of flax binds CO2 and the production of NFP generates 33 percent lower CO2 emissions than conventional fibre reinforced plastics. The energy consumption is 40 percent lower. This reduces production costs and improves the material's CO2 footprint. Punch-packing arguments for natural fibre tapes – like flax tape by vombaur – in lightweight design applications.

Flax has accompanied people for thousands of years, in linen fabrics, in ropes, as insulation material. And until the present day. With woven tapes made of flax, vombaur makes the functional and ecological advantages of natural fibres available for lightweight design.

Lightweight and firm
Flax fibres are particularly rigid and tear-proof. Textiles made of the natural material therefore give natural fibre reinforced plastic (NFP) special stability. Additionally, flax has a low density. The components thus combine high rigidity and strength with low weight. Another functional plus: natural fibre reinforced plastics are less prone to splintering than glass fibre reinforced plastics.

Sustainable material
The cultivation of flax binds CO2 and the production of NFP generates 33 percent lower CO2 emissions than conventional fibre reinforced plastics. The energy consumption is 40 percent lower. This reduces production costs and improves the material's CO2 footprint. Punch-packing arguments for natural fibre tapes – like flax tape by vombaur – in lightweight design applications.

Circular Economy
Circular Economy – this also works in lightweight design. The number of recycling cycles without loss of quality is higher for natural fibre reinforced plastics than for glass or carbon fibre reinforced plastics: the thermoplastic matrix of the composite can be melted and recycled after a product life cycle. The natural fibres can "live on" in other products – injection moulded products for example.

Versatile applications
"Composites from our flax tapes are used to reinforce high-tech skis as well as for extruding state-of-the-art window sections – the applications are countless," explains Tomislav Josipovic, Sales Manager with vombaur. "As a development partner, we support applications for the automotive, wind energy, construction, sports and many other industries with our composite textiles."

More information:
vombaur Naturfasern Composites
Source:

stotz-design.com

Oerlikon: Meltblown und Spunbond (c) Oerlikon
19.11.2020

Oerlikon: Meltblown and Spunbond technologies

Since the outbreak of the coronavirus pandemic, the worldwide demand for protective masks and apparel has resulted in a record number of new orders in the high double-digit millions of euros at Oerlikon Nonwoven. The meltblown technology from Neumünster is recognized by the market as being one of the technically most efficient methods for producing highly-separating filter media made from plastic fibers.

Since the outbreak of the coronavirus pandemic, the worldwide demand for protective masks and apparel has resulted in a record number of new orders in the high double-digit millions of euros at Oerlikon Nonwoven. The meltblown technology from Neumünster is recognized by the market as being one of the technically most efficient methods for producing highly-separating filter media made from plastic fibers.

Protective equipment demands high-end nonwoven products
The rising demand for protective masks and other medical protective equipment since the start of the coronavirus pandemic and the associated global ramping up of production capacities has also resulted in an increase in the demand for nonwovens for the production thereof. Initially, this resulted in bottlenecks in the provision of meltblown filter nonwovens. To this end, there had until this point be very few producers of medical filter nonwovens outside China. Meanwhile, the demand for spunbond systems is also rising. “Due to the structure of our group, we are in the fortunate position to swiftly reallocate and free up our production capacities. This means that we are able to relatively quickly deliver not only meltblown systems, but also spunbond equipment”, explains Dr. Ingo Mählmann, Head of Sales & Marketing at Oerlikon Nonwoven, talking about the positive situation at the company.

The capacities for respiratory masks available in Europe to date are predominantly manufactured on Oerlikon Nonwoven systems. “Our machines and systems for manufacturing manmade fiber and nonwovens solutions enjoy an outstanding reputation throughout the world. Ever more manufacturers in the most diverse countries are hoping to become independent of imports”, comments Dr. Mählmann. The Oerlikon Nonwoven meltblown systems are being delivered to Germany, China, Turkey, United Kingdom, South Korea, Italy, France, North America and – for the very first time – to Australia until well into 2021.

Quality and efficiency in demand
Depending on the purpose of the application, medical PPE (personal protection equipment) should be breathable and comfortable to wear, protect medical staff against viruses, bacteria and other harmful substances and form a barrier against liquids. For these reasons, they are often made of either pure spunbond or of spunbond-meltblown combinations. Here, the meltblown nonwoven core assumes the barrier or filter task, while the spunbond has to retain its shape, while being tear-resistant, abrasion-proof, absorbent, particularly flame-resistant and nevertheless extremely soft on the skin.

All masks are not created equal – thanks to the ecuTEC+
Protection against infections such as coronavirus can only be guaranteed with the right quality.

The nonwovens can be electrostatically-charged in order to further improve the filter performance without additionally increasing breathing resistance. Here, Oerlikon Nonwovenʼs patented ecuTEC+ electro-charging unit excels in terms of its extreme flexibility. Nonwovens manufacturers can freely choose between numerous variation options and set the optimal charging method and intensity for their specific applications. In this way, even the smallest particles are still attracted and reliable separated by a relatively open-pored nonwoven. Nevertheless, mask wearers are still able to easily breathe in and out due to the comparatively loose formation of the fibers. To this end, it comes as no surprise that all meltblown systems currently destined for the production of mask nonwovens are equipped with the ecuTEC+ unit.

Relanit 3.2 HS (c) Mayer & Cie
17.11.2020

Mayer & Cie. extends status in Turkey

In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie. (MCT) has further improved its leading position in Turkey. So the country continues to be one of the company’s strongest and most consistent sales markets. Even in difficult years, the manufacturer and its longstanding Turkish representative Mayer Mümessillik have achieved positive results. The reasons for this year’s success, as Mayer & Cie. sees it, are the transfer of production to locations close to Europe, Turkey’s state-of-theart machinery and the increase in demand for comfortable clothing that is suitable as home office wear.

Turkish market is a growth market despite corona setback
“Compared to 2019, we anticipate a growth in the Turkish market even though the corona situation was a serious setback in the second quarter of 2020,” says Stefan Bühler, Mayer & Cie.’s regional sales manager for Turkey.

In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie. (MCT) has further improved its leading position in Turkey. So the country continues to be one of the company’s strongest and most consistent sales markets. Even in difficult years, the manufacturer and its longstanding Turkish representative Mayer Mümessillik have achieved positive results. The reasons for this year’s success, as Mayer & Cie. sees it, are the transfer of production to locations close to Europe, Turkey’s state-of-theart machinery and the increase in demand for comfortable clothing that is suitable as home office wear.

Turkish market is a growth market despite corona setback
“Compared to 2019, we anticipate a growth in the Turkish market even though the corona situation was a serious setback in the second quarter of 2020,” says Stefan Bühler, Mayer & Cie.’s regional sales manager for Turkey.

Mayer & Cie. got off to a strong start on the Bosporus in the first quarter of 2020 with additional positive effects until mid-March. This was due to a desire for production locations close to Europe. In the second quarter, during the lockdown, demand largely ground to a halt. Government measures helped to cushion the downturn. Says Ahmet M. Öğretmen, general manager of MCT’s Turkish sales partner Mayer Mümessillik: “In the second quarter, GDP was down by about 10 percent, so we got off lightly.”

Since July 2020, orders for Mayer & Cie. circular knitting machines have bounced back again. Ahmet M. Öğretmen sees an interplay of reasons for this recovery. The main reason, he says, is the low exchange rate of the Turkish lira, which has boosted exports of ready-made textiles. The Turkish daily Hürriyet reports, with reference to the Turkish state news agency, 11 percent year-on-year growth in August 2020. The most important export markets, the newspaper says, are Germany, the UK and Spain. Between them, they account for around half of exports totalling € 1.27 billion.* “This demand must be fulfilled,” Öğretmen says. “That leads to investment in machinery by manufacturers.”

Relanit is synonymous with single jersey
The machines of choice for Turkish knitwear manufacturers are regularly Mayer & Cie. machines. The long-established German firm’s share of the Turkish market is substantially higher than in other markets. The manufacturer’s position is particularly strong in the market for plain single jersey fabrics, with the Relanit 3.2 HS being the machine of choice. It achieves an extraordinarily high level of productivity, especially in processing elastomer yarns. It also handles a wide range of yarns reliably.

“Interlock is Mayer & Cie.”
Mayer & Cie. is one of the leader in the second major circular knitting discipline, rib and interlock fabrics. The machines used for double jersey fabrics are the OV 3.2 QCe, the D4 2.2 II and the D4 3.2 II. The OV 3.2 QCe knits interlock, 8-lock structures, spacers and fine gauge with 3.2 systems. The D4 2.2 II is another stalwart for rib, 8-lock and interlock. The 8-lock D4 3.2 II is the machine of choice for firms that want to manufacture structures such as Piqué, Punto di Roma or Thermal in addition to interlock.

The MBF 3.2 is another top seller in Turkey. A three-thread fleece machine, it knits fabrics for sportsand leisurewear such as hoodies and is very much in keeping with the trend in home office year 2020. “Comfortable clothing is circular knitted,” says Ahmet M. Öğretmen, “and we benefit from that of course.”

One of the world’s most state-of-the-art machine parks are in Turkey
Another advantage is the modernity of the Turkish machine park, which is doubly attractive in view of Turkey’s weak currency. Says Mayer Mümessillik general manager Öğretmen: “In the past 10 to 20 years there has been very heavy investment in high-quality machines. As a consequence we have the world’s youngest and most up-to-date production facilities.” Combined with geographical proximity to the main export markets in Europe that should prove a growth driver in the years ahead – and keep demand for Mayer & Cie. machines brisk and high.

 

*More informationen here.

Source:

Mayer & Cie GmbH & Co. KG

Lakme Fashion Week: Indian fashion meets Japan with Bemberg (c) Bemberg™
Two look from Hemang Agrawal collection made using Bemberg™ fabrics
09.11.2020

Lakme Fashion Week: Indian fashion meets Japan with Bemberg

  • Lakmé Fashion Week 2020
  • Bemberg™ fibers empower “Tattva”
  • Hemang Agrawal's new craft-tech collection

Smart tech fibers, contemporary style and heritage. Past, present and future are intertwined in the new ‘Tattva’ collection by famous Indian designer Hemang Agrawal who has teamed up with Bemberg™ by Asahi Kasei, the Japanese yarn manufacturer leading in both high-performative innovation and sustainability. The collection comprises textiles entirely conceived and created by the designer. A new chapter for Bemberg™ glamorous uniqueness for high-end fashion, first Japanese reality that participated at Lakmé Fashion Week 2020, the biggest fashion event in India.

Made from the smart-tech transformation of cotton linters pre-consumer materials and converted through a traceable and transparent closed loop process, Bemberg™ fibers add responsible values to the collection, matching perfectly the vision and the ethic of Hemang Agrawal, a designer with more than one eye on sustainability, innovation and deep knowledge and respect for traditional Indian crafts and culture.

  • Lakmé Fashion Week 2020
  • Bemberg™ fibers empower “Tattva”
  • Hemang Agrawal's new craft-tech collection

Smart tech fibers, contemporary style and heritage. Past, present and future are intertwined in the new ‘Tattva’ collection by famous Indian designer Hemang Agrawal who has teamed up with Bemberg™ by Asahi Kasei, the Japanese yarn manufacturer leading in both high-performative innovation and sustainability. The collection comprises textiles entirely conceived and created by the designer. A new chapter for Bemberg™ glamorous uniqueness for high-end fashion, first Japanese reality that participated at Lakmé Fashion Week 2020, the biggest fashion event in India.

Made from the smart-tech transformation of cotton linters pre-consumer materials and converted through a traceable and transparent closed loop process, Bemberg™ fibers add responsible values to the collection, matching perfectly the vision and the ethic of Hemang Agrawal, a designer with more than one eye on sustainability, innovation and deep knowledge and respect for traditional Indian crafts and culture.

Tattva debuted at the Lakmé Fashion Week 2020 and comprises 40 exquisite pieces for men and women, all inspired by the 12 Tattva – the natural elements bringing harmony in the universe, according to the Indian scriptures and tradition. Motifs representing these elements, including quirky versions of moon-phases, tigers, human mind & DaVinci’s Vitruvian man were woven into the glittering fabrics. The collection was crafted harnessing the skills of Indian handlooms artisans in the designer’s hometown Benares (Varanasi).

Tattva featured Bemberg™ brocades as the predominant textile, along with plain Bemberg™ fabrics and a few blends. The result is a magnificent touch, fabrics are distinctively smooth like silk, second skin-like, shining, and bright. On top of that, Bemberg™ yarns add a new dimension in terms of sustainability and comfort by boosting antistatic and breathable performances, amazing precious touch while being also biodegradable and compostable.

“We are so happy that we participated in LFW and collaborated with Hemang Agrawal.” Says Mr. Hideto Tanimoto, General Manager, Bemberg™ Sales and Marketing Department. “The collection has come out really wonderful and has brought out the properties of Bemberg yarn such as noble sheen, smooth and soft touch, bright colour, supple drape amazingly. I strongly believe that the collection made significant impact on the sustainable fashion scene in India. We are expecting that the collection will be successful commercially and will help the local craftsman from Varanasi.”

The collection blends crafts and technology, Indian tradition and Japanese innovation, sustainability and high-end style. Designer Hemang Agrawal says, “The dexterity which the weavers in Benares have acquired, finds few parallels in the world. Although predominantly a silk-weaving centre, many master-weavers in the city are highly skilful in handling different yarn types. Japan, on the other hand, is well-known for its advanced technologies as well as its approach towards environment and sustainability as a country. Both these facts are well-reflected in the Bemberg™ Yarn”

“During our R&D, we found that the yarn, which is available in various counts and deniers is highly adaptable. The lustre, hand-feel, strength and colour depth are very well-suited for premium textiles, which come out of our looms. For the collection ‘Tattva,’ our endeavour has been to merge the skill-set of Benares weavers with qualities of the Bemberg™ yarn, to create textiles and apparel, which transcend the boundaries of what is termed as traditional Benarasi."

With the Tattva collection Hemang Agrawal and Bemberg™ by Asahi Kasei show a new way of making fashion: merging craft & tech, cutting-edge materials and deeply rooted traditions. A stunning collection marking the rise of craft-tech, a trend going beyond the dichotomy of ancient and new, injecting the human-based into the high-tech and a futuristic imprint into heritage. Like the 12 Tattva, a new harmony takes shape, intertwined into exquisitely stylish garments.

30.10.2020

SGL Carbon SE: Board of Management resolves restructuring program

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

In the current status of the 5 year plan, which is at present under preparation, significant deviations have already become apparent today, particularly in the market segments Automotive, Aerospace and Wind Energy in the business unit Composites – Fibers & Materials (CFM). Partially also due to the pandemic, Automotive and Aerospace is developing slower than anticipated in the last 5 year plan. In contrast, business with Wind Energy is growing much stronger than previously planned. These changes in the product mix lead to lower mid-term earnings at CFM compared to the prior 5 year plan. Following these deviations from the last 5 year plan, an event-driven impairment test was undertaken. This results in a non-cash impairment charge amounting to €80-100 million, which will be recorded in the fourth quarter 2020.

The Board of Management of SGL Carbon SE today also resolved the implementation of a restructuring program, with which the Company is targeting savings of more than €100 million until 2023 (compared to the base year 2019). These savings consist of a planned socially compatible reduction in personnel of more than 500 employees and substantial reduction in indirect spend, particularly in the areas of travel, consulting and external services. Costs of approximately €40 million are anticipated for the implementation of this restructuring program. A little more than half of this is expected to be recorded as expenses in the fourth quarter 2020, while the associated cash outflows are mainly forecasted for 2021.

This requires a partial adjustment of the guidance for 2020. The solid operational development in the third quarter 2020 with Group sales between €220 and €230 million and operating recurring EBIT1 between €13 and €15 million (plus approximately €9 million positive one-time effects) is within the framework of our expectations for the full year 2020. However, the Group net result is likely to develop below the prior year level of minus €90 million and reach approximately between minus €130 and €150 million due to the restructuring provisions as well as the impairment charge (prior guidance: improvement to a negative low double-digit million € amount).

With liquidity of €167 million as of September 30, 2020 (compared to €137 million at year-end 2019) and further cash inflows in the fourth quarter 2020 from successfully implemented additional funding measures, the Company’s position is solid. This liquidity is more than sufficient for the payment of the purchase price for SGL Composites USA in the amount of USD 62 million at the end of 2020 as well as the restructuring-related cash outflows expected mainly in 2021. The Company continues to have access to the revolving credit facility (RCF) in the amount of €175 million, which remains undrawn.

The quarterly statement as of September 30, 2020 will be published on November 12, 2020 as scheduled. Further details on the new 5 year plan as well as the guidance on the fiscal year 2021 will be presented with the publication of the Annual Report 2020 on March 25, 2021.

*The use of KPIs in this notification is aligned to the annual report 2019 and the interim report for the first half year 2020. There were no changes to the scope of consolidation or to valuation methods compared to the previous guidance.

More information:
SGL Carbon Composites Fibers
Source:

SGL CARBON SE