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30.11.2021

India’s Maruti Printing with Baldwin’s LED-UV technology

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

In January 2020, Maruti took delivery of two AMS XP9-I Series LED-UV modules to cure colors in the interdecks. The modules are ideal for the highest-speed curing situations that require consistent peak intensity to the substrate, which is the case for Maruti’s offset printing standard of perfection with every cure.

To cure ink, as well as a growing variety of LED coatings, Baldwin’s AMS Spectral UV modules can be located after print units, or in the press delivery after the coater. When inks and coatings are cured with LED-UV, they become instantly dry via photopolymerization, allowing for printing on any substrate, including plastics and metallized stocks. Plus, work can be immediately finished and sent to the bindery once it comes off the press, without the need for heat, spray powder or drying time.

In addition, Maruti took delivery of two P3 Smart UV curing modules for installation at the end of the press to cure any type of UV coating and expand the company’s scope of coating compatibility to general UV coatings in order to offer its customers the widest range of UV printed choices in the Indian market.

The P3 Smart UV housings are completely liquid-cooled to ensure safe, consistent performance and increased uptime, and modules feature a universal design, so that any unit can fit any print unit location. P3 modules can be changed, inspected and cleaned quickly and easily, without tools, and lamps slide and lock into place smoothly and securely.

The durability of the equipment and its chipset was a critical deciding factor in India’s climate. The latest-generation power-and-control cabinets are dust- and moisture-resistant, allowing them to withstand extreme heat and humidity, as well as powder and airborne contaminants, making the equipment ideal for operation in stressful conditions anywhere in the world. AMS Spectral UV’s latest generation of LED chips, designed for the highest-intensity curing applications, enable the curing of LED inks and coatings at record-setting speeds. They are built with resilient components, and the semi-conductor components are sealed, which allows the chips to work in a variety of rugged environments. Additionally, integrated circuits incorporated into the design electronically protect the LEDs and the entire system.

Source:

Baldwin Technology Company / Barry-Wehmiller

(c) Huntsman Corporation
29.11.2021

Huntsman’s AVITERA® SE Rose delivers Sustainability and Performance

Huntsman Textile Effects has released the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range with the introduction of AVITERA® ROSE SE for brilliant bluish-red shades. The innovative new dye significantly outperforms the available dyeing technologies for cellulosic fibers and blends, delivering substantial water and energy savings, exceptional overall fastness, and reduced costs.

AVITERA® ROSE SE slashes the water and energy required for production by up to 50% thanks to its unique low-temperature and high-speed wash-off technology. It further delivers excellent right-first-time performance, with outstanding compatibility, levelling properties, and on-tone build-up. The cost-effective formulation reduces recipe costs for medium-dark shades while both minimizing processing costs and eliminating reprocessing. It also increases mill output by up to 25% or more.

Huntsman Textile Effects has released the latest addition to the third generation of its revolutionary AVITERA® SE polyreactive dye range with the introduction of AVITERA® ROSE SE for brilliant bluish-red shades. The innovative new dye significantly outperforms the available dyeing technologies for cellulosic fibers and blends, delivering substantial water and energy savings, exceptional overall fastness, and reduced costs.

AVITERA® ROSE SE slashes the water and energy required for production by up to 50% thanks to its unique low-temperature and high-speed wash-off technology. It further delivers excellent right-first-time performance, with outstanding compatibility, levelling properties, and on-tone build-up. The cost-effective formulation reduces recipe costs for medium-dark shades while both minimizing processing costs and eliminating reprocessing. It also increases mill output by up to 25% or more.

Using AVITERA® ROSE SE, brands can stand out with brilliant bluish-red textile products in a broader shade gamut. The dyes offer very good light fastness levels for classic bluish trichromatic element, with exceptional overall fastness performance. Products dyed with AVITERA® ROSE SE have the highest chlorine resistance, tailormade for stringent Japanese and US laundering requirements, and are suitable for use with Huntsman’s HIGH IQ® Lasting Color Eco color-retention program. With minimal chance of cross-staining, they are ideal for red-white striped cotton knit fabric.

AVITERA® ROSE SE is fully compliant with the most stringent industry and brand-specific restricted substance lists. It is bluesign® approved and is suitable for STANDARD 100 by OEKO-TEX® certified textile products.

Launched by Huntsman Textile Effects in 2010, the first-generation AVITERA® SE dyes set the benchmark for sustainability in the textile industry. The second generation expanded the range’s color palette from the palest to the deepest and darkest shades. The third generation further enhances the economic sustainability of the AVITERA® range while delivering unrivalled environmental benefits, outstanding operational performance, and attractive textiles with exceptional overall fastness.

22.11.2021

ECOSENSOR™ by Asahi Kasei Advance launches its FW 22/23 fabric collection

For its FW 22/23 collection, ECOSENSOR™ by Asahi Kasei Advance presents a high-tech fabric collection, which implements a new generation of values, with the aim of keeping nature, body and mind in harmony.

ECOSENSOR™’s new references meet the needs of the contemporary consumer, such as durability, wellbeing and performance. Furthermore, they are made with certified ingredients, through a completely traceable and transparent production process and supply chain. Being capable of combining active climate control, exquisite touch, lightness and comfort with sustainable values, ECOSENSOR™’ stands out as a unique eco-high-tech performance proposition in its market.

The whole collection is focused on advanced technology and environmental responsibility. Thanks to ECOSENSOR™ by Asahi Kasei Advance’s unique value-chain based on recycling technology, most part of its yarns are certified by the renowned GRS (Global Recycled Standard). Even the dyeing and finishing phases - key moments for  performance wear - have been certified by international labels such as bluesign® and OEKO-TEX® Standard 100.

For its FW 22/23 collection, ECOSENSOR™ by Asahi Kasei Advance presents a high-tech fabric collection, which implements a new generation of values, with the aim of keeping nature, body and mind in harmony.

ECOSENSOR™’s new references meet the needs of the contemporary consumer, such as durability, wellbeing and performance. Furthermore, they are made with certified ingredients, through a completely traceable and transparent production process and supply chain. Being capable of combining active climate control, exquisite touch, lightness and comfort with sustainable values, ECOSENSOR™’ stands out as a unique eco-high-tech performance proposition in its market.

The whole collection is focused on advanced technology and environmental responsibility. Thanks to ECOSENSOR™ by Asahi Kasei Advance’s unique value-chain based on recycling technology, most part of its yarns are certified by the renowned GRS (Global Recycled Standard). Even the dyeing and finishing phases - key moments for  performance wear - have been certified by international labels such as bluesign® and OEKO-TEX® Standard 100.

Among the compositions of the fabrics, dominant are the recycled polyamide (58%) and polyester (39%) yarns. The stretch component present in 22 articles of the collection is based on ROICA™ EF by Asahi Kasei - the sustainable recycled stretch yarn made from pre-consumer waste. In addition, 8 fabrics of the FW22/23 collection are made of Bemberg™ by Asahi Kasei - the high-tech yarn born from the transformation of cotton linters through a fully circular, transparent and traceable process with an amazing precious hand, optimal moisture management characteristics,  whose end of life guarantees its biodegradability and it also carries GRS certification.

Featuring a total of 36 fabrics, the collection is composed of:

  • 7 outerwear fabric
  • 22 sportswear fabrics
  • 7 innerwear fabrics
Source:

GB Network

© Digital Capability Center
17.11.2021

Competence Centre WIRKsam - Shaping Work with AI

  •  14 million for the Rhenish coal region

Shaping economic change in the Rhenish textile and coal region together with artificial intelligence (AI) - this is the goal of the WIRKsam competence centre launched at the beginning of November. The joint project, funded by the Federal Ministry of Education and Research, is researching innovative forms of work to secure employment, create attractive jobs and strengthen regional companies.
 

With a focus on the strengths of the Rhenish mining area, WIRKsam is to establish itself as a central point of contact and align various scientific institutions and their research specifically to the challenges of the regional working world. Funded by the BMBF with 14 million euros over five years, the project is fundamentally about transferring scientific findings into company practice and into the wider society. After the funding phase, the centre of excellence will continue to work independently.

  •  14 million for the Rhenish coal region

Shaping economic change in the Rhenish textile and coal region together with artificial intelligence (AI) - this is the goal of the WIRKsam competence centre launched at the beginning of November. The joint project, funded by the Federal Ministry of Education and Research, is researching innovative forms of work to secure employment, create attractive jobs and strengthen regional companies.
 

With a focus on the strengths of the Rhenish mining area, WIRKsam is to establish itself as a central point of contact and align various scientific institutions and their research specifically to the challenges of the regional working world. Funded by the BMBF with 14 million euros over five years, the project is fundamentally about transferring scientific findings into company practice and into the wider society. After the funding phase, the centre of excellence will continue to work independently.

Prospects: Attractive jobs in the lignite mining region
The region on the left bank of the Rhine is not only a lignite mining area, but also a historically grown textile region where technical textiles are produced today, for example for medical technology or plant and vehicle construction. This offers valuable future prospects for the employees affected by the lignite phase-out.

Against this background, the aim of the WIRKsam centre of excellence is to research the extensive possibilities of artificial intelligence for shaping the future world of work and to transfer them to companies. AI applications are used to develop innovative work and process flows to create attractive workplaces and increase the competitiveness of local companies.

Together: business and science
The special feature: research institutions and companies from the Rhenish textile industry and related sectors work together in the centre of excellence. Research partners are the Institut für Textiltechnik (ITA) of RWTH Aachen University and the Institute for Mobile Autonomous Systems and Cognitive Robotics (MASCOR) of FH Aachen University of Applied Sciences, headed by ifaa - Institut für angewandte Arbeitswissenschaft e.V. (Institute for Applied Work Science).

Nine regional companies are involved so far; more will join. AI applications are being developed and exemplarily implemented for their respective needs. In this way, the diverse potentials of AI for work design are being tested and qualification requirements derived. These results will not only increase the global competitiveness of the textile industry and other sectors; they will also secure jobs and make an important contribution to overcoming structural change in the Rhenish lignite mining area.

WIRKsam is funded by the Federal Ministry of Education and Research as part of the funding measure "Regional Competence Centres for Labour Research" and is supervised by the Karlsruhe Project Management Agency (PTKA) (funding code: 02L19C600). The WIRKsam competence centre will be based in Hürth, Germany, on the edge of the Rhenish mining area as soon as the conversion work on the former TV studios on the Euronova campus is completed.

More information:
AI
Source:

ITA – Institut für Textiltechnik of RWTH Aachen University

17.11.2021

C.L.A.S.S. welcomes Sensil® BioCare by NILIT into its material hub

C.L.A.S.S. MATERIAL HUB is a careful selection of smart ingredients made by cutting-edge companies and innovators across the globe. The wide range includes transparent and traceable products, which can be natural/organic, up or re-cycled/able, or innovative and always representing a new generation of innovation that is minimizing its impact on people, environment, animals and oceans.

C.L.A.S.S. MATERIAL HUB is a careful selection of smart ingredients made by cutting-edge companies and innovators across the globe. The wide range includes transparent and traceable products, which can be natural/organic, up or re-cycled/able, or innovative and always representing a new generation of innovation that is minimizing its impact on people, environment, animals and oceans.

Sensil® BioCare sustainable premium Nylon fiber is enhanced with a technology, that helps lessen the persistence of textile waste in sea water and in landfills. With its embedded technology, if any microfibers of Sensil® BioCare garments are released during washing, they will be broken down at a quicker rate compared to conventional Nylon 6.6 fibers when they end up in the oceans. Tests were conducted in both landfill soil and sea water simulations to understand the potential impact of Sensil® BioCare on both ecosystems. Specifically, initial testing following the ASTM D6691 Standard Test Method For Determining Aerobic Biodegradation Of Plastic Materials In The Marine Environment and the ASTM D5511 Standard Test Method For Determining Anaerobic Biodegradation Of Plastic Materials Under High-Solids Anaerobic-Digestion Conditions indicates that Sensil® BioCare yarns break down more rapidly (with a biodegradation of about 40% in 500 days) than conventional nylon. These promising findings point to reduced waste accumulation in both oceans and landfills.

NILIT, owner of the sustainable brand SENSIL®, has also teamed up with The Ocean Foundation’s Blue Resilience Initiative to reestablish and safeguard essential ocean meadows and other coastal habitats. These marine grasslands, which are being damaged at a rate of two football fields every hour, are vital ecosystems for sequestering CO2 from the atmosphere, thus reducing global warming and ocean acidification. In addition, ocean grasslands sustain sea life, defend coast lines against erosion and storm surge, and support economies around the world.

NILIT’s plant in Israel, who produce Sensil ® Biocare boosts, renowned certifications such as GRS (Global Recycled Standard)*, ISO 9001**, ISO 14001*** and ISO 45001****. Moreover, the company has already announced that all other plants in  the USA, China and Brazil will be ISO 14001 certified within 2021 and ISO 45001 certified within 2025. Worth to mention, 40% of Nilit’s team is made up of women.

Source:

C.L.A.S.S.

16.11.2021

DECHOW versteigert Maschinen und Anlagen der SR Webatex GmbH in Bayreuth

  • Nach Werksschließung: Inventar der modernen Textilweberei wird online bis zum 09. Dezember versteigert

DECHOW, eines der marktführenden Industrie-Auktionshäuser in Europa, verantwortet die Vermarktung der Textilweberei SR Webatex GmbH in Bayreuth. Rund 700 Lose kommen, bei der reinen Online-Auktion auf www.troostwijkauctions.com, vom 18. November bis 09. Dezember 2021 zum Aufruf. Darunter 46 DORNIER DLW Luftwebmaschinen der Baujahre 1999-2019 und 43 PICANOL Luftwebmaschinen der Baujahre 2007 – 2011.

  • Nach Werksschließung: Inventar der modernen Textilweberei wird online bis zum 09. Dezember versteigert

DECHOW, eines der marktführenden Industrie-Auktionshäuser in Europa, verantwortet die Vermarktung der Textilweberei SR Webatex GmbH in Bayreuth. Rund 700 Lose kommen, bei der reinen Online-Auktion auf www.troostwijkauctions.com, vom 18. November bis 09. Dezember 2021 zum Aufruf. Darunter 46 DORNIER DLW Luftwebmaschinen der Baujahre 1999-2019 und 43 PICANOL Luftwebmaschinen der Baujahre 2007 – 2011.

„Die SR Webatex GmbH war auf die Produktion von technischen Textilien und Gewebelösungen spezialisiert“, erklärt Eva Traut, Projektleiterin AUKTIONSHAUS WILHELM DECHOW GmbH. „Bei den Auktions-Losen handelt es um einen überdurchschnittlich modernen Maschinenbestand, der sich darüber hinaus in einem außergewöhnlich guten und gepflegten Erhaltungszustand befindet“, so Traut weiter. Als neuwertig können bespielweise eine Schlichtmaschine vom Typ KARL MAYER Prosize PSZ (Baujahr 2018) und eine Kontroll- und Wickelmaschine vom Typ RAUCH CB-WK/BA (Baujahr 2019) bezeichnet werden. Viele weitere Spezialmaschinen wie automatische Fadeneinzugsmaschinen und Muster-, Sektional- sowie Kegelbaumschärmaschinen oder ein Labor mit u.a. Garnprüfmaschine, Zugprüfgerät, Waagen und vielen Mikroskopen sind ebenfalls Bestandteil der Auktion.

Zahlreiche Lose dürften auch für Unternehmen in Bayreuth und Umgebung von Interesse sein, wie z.B. die STILL und LINDE Gabelstapler oder die Werkstattausrüstung mit Drehbank, Radialbohr- und Sägemaschinen.

Kaufinteressenten können sich direkt vor Ort einen Eindruck verschaffen. Der Besichtigungstermin findet am 07. Dezember 2021 von 10:00 – 14:00 Uhr in der Tunnelstraße 6, 95448 Bayreuth statt. Interessenten melden sich bitte vorab unter support@dechow.de an.

More information:
Auktion Textilmaschinen
Source:

bereuter media

(c) JEC Group
16.11.2021

JEC Forum DACH: Latest news about the event

JEC Forum DACH will open its doors from November 23 – 24, 2021, the promise of a two-days gathering around business meetings and conferences. JEC Forum DACH will offer actors of the composites profession in the region the opportunity to exchange and learn about current and future developments of the industry through a rich program of conferences, the JEC Composites Startup Booster, and the AVK Innovation Awards. It also includes pre-arranged Business Meetings between sponsors and attendees as well as sponsors’ workshops.

CONFERENCES, KEYNOTES, AND MARKET OVERVIEW
JEC Forum DACH will feature cutting-edge live conferences with experts from the industry as well as
exclusive keynotes organized by the AVK.

MEETINGS PROGRAM
In  order  to  help  the  sponsors  to  save  time  and  establish  connections  with  real-interest business partners, JEC Group has developed a Business Meetings program: an efficient facilitator to connect precise needs to corresponding offers. These one-to-one meetings will be held on the sponsors’ booths during the two days of the event.

JEC Forum DACH will open its doors from November 23 – 24, 2021, the promise of a two-days gathering around business meetings and conferences. JEC Forum DACH will offer actors of the composites profession in the region the opportunity to exchange and learn about current and future developments of the industry through a rich program of conferences, the JEC Composites Startup Booster, and the AVK Innovation Awards. It also includes pre-arranged Business Meetings between sponsors and attendees as well as sponsors’ workshops.

CONFERENCES, KEYNOTES, AND MARKET OVERVIEW
JEC Forum DACH will feature cutting-edge live conferences with experts from the industry as well as
exclusive keynotes organized by the AVK.

MEETINGS PROGRAM
In  order  to  help  the  sponsors  to  save  time  and  establish  connections  with  real-interest business partners, JEC Group has developed a Business Meetings program: an efficient facilitator to connect precise needs to corresponding offers. These one-to-one meetings will be held on the sponsors’ booths during the two days of the event.

FEATURED SPONSORS’ WORKSHOPS
JEC Forum DACH will host 9 sponsors’ workshops during the two days: CMS SPA, Elantas Europe S.r.l., Kisling AG, Kroenert GmbH & Co KG, Maschinenfabrik Herbert MEYER GmbH, Netzsch Process Intelligence GmbH and Schwarzpunkt (part of Helvoet Group), Saertex GmbH & Co KG and SVT, Trima Spol Sro and Walter Mäder AG will present their know-how and technology during 30 minutes’ presentations in front of the attendees as well as in livestreaming.

FOSTERING ENTREPRENEURSHIP WITH THE JEC COMPOSITES STARTUP BOOSTER
JEC Composites Startup Booster is the leading startup competition in the world of composites.
It enables the community to find and assess innovations with a potential impact on their respective industries. The competition will be held at JEC Forum DACH for the first time with the pitches’ session on November 23rd at 2:15pm followed by the Awards ceremony at 6:15 pm.
The finalists are: ANYBRID (Germany), CARBON CLEANUP (Austria), CARBON-DRIVE (Germany), FIBRECOAT (Germany), and TOUCH SENSITY (France).

CELEBRATING INNOVATION WITH THE AVK INNOVATION AWARDS
This year at JEC Forum DACH, JEC Group and AVK will co-organize the AVK Innovation Award.
One of the goals of the AVK Innovation Awards is to give prominence to the innovations and the companies/institutions behind them, thus publicizing their performance throughout the industry. These awards will celebrate innovations in fiber-reinforced plastics (FRP) / composites during the Awards ceremony on Tuesday 23rd, at 6:15pm.

Full program and speakers list here.

Source:

JEC Group

16.11.2021

Gina Tricot and We aRe SpinDye in a resource-efficient collaboration

Gina Tricot releases its first collection that has been produced with We aRe SpinDye. The collection is part of Gina Tricot's innovation program Gina Lab. and consists of a coat, shirt, trousers and two bags colored with We aRe SpinDye's method.

With the collaboration, Gina Tricot continues to focus on sustainability, now with the coloring process at the center. Of all the resources that arise during the entire lifespan of a garment - from the production of raw materials, to recycling, 80% is used during the production phase itself. To maximize the effects of the sustainability changeover, an increased focus is required on the entire production process and in particular on the most resource-intensive of them all: the dyeing.

Gina Tricot releases its first collection that has been produced with We aRe SpinDye. The collection is part of Gina Tricot's innovation program Gina Lab. and consists of a coat, shirt, trousers and two bags colored with We aRe SpinDye's method.

With the collaboration, Gina Tricot continues to focus on sustainability, now with the coloring process at the center. Of all the resources that arise during the entire lifespan of a garment - from the production of raw materials, to recycling, 80% is used during the production phase itself. To maximize the effects of the sustainability changeover, an increased focus is required on the entire production process and in particular on the most resource-intensive of them all: the dyeing.

One of Gina Tricot's focus is to explore new methods and technologies in sustainability, which makes the collaboration with We aRe Spin Dye feel just right for us. Together we get a product with more durable and circular fibers, in addition with a more sustainable textile production with a focus on minimal water use. We are extremely proud of this collaboration. says Emma Garrote, Global Production & Sustainability Manager at Gina Tricot.

Gina Tricot is a shining example of an agile organization with short decision-making processes. They have managed to enthuse both the design and production department. It has been crucial to reach the launch of this collection that takes place today, says Andreas Andrén, CEO of We aRe SpinDye®.

Gina Tricot
Gina Tricot is a Swedish fashion brand that offers fashion to women in over 30 countries. Today, Gina Tricot has over 160 stores around Sweden, Norway, Denmark and Finland, as well as e-commerce throughout Europe. With around 1,900 employees, 98% of these are girls. For Gina Tricot, it is important to build pride from the inside out, we are a company that chooses to invest in and highlight women.

We aRe Spin Dye
The company is a Swedish cleantech company that provides and offers a process and platform for production and quality control that enables players in the fashion and clothing industry to significantly reduce their environmental impact. The company's business concept is to establish a new, sustainable and transparent standard for dyeing synthetic textiles in the fashion and apparel industry in a simple and user-friendly way.

More information:
We are SpinDye We aRe Spin Dye
Source:

We aRe SpinDye

15.11.2021

Kelheim Fibres once again finishes high in Canopy's Hot Button Ranking

In the Canopy’s 2021 Hot Button Ranking, Kelheim Fibres once again occupies a leading position: With a increase of 2.5 points in the evaluation, the Bavarian viscose speciality fibre manufacturer tied for third place out of around 40 viscose fibre manufacturers worldwide and a dark green/green shirt for the second year running. The Hot Button Report not only stands for responsible raw material sourcing - it is an overall sustainability indicator for viscose fibre producers.

Especially in the areas of transparency and procurement, the NGO Canopy, which is committed to the preservation of ancient and endangered forests, awarded Kelheim Fibres top points: Kelheim Fibres is the only EMAS-certified viscose fibre manufacturer worldwide and publishes all environmentally relevant data publicly.

Kelheim Fibres also gained points in the area of "Next Generation Solutions" - the use of alternative raw materials in fibre production. Together with the Swedish textile recycling company Renewcell, the fibre experts are planning to realise the large-scale production of high-quality viscose fibres from up to 10,000 tonnes of the 100% textile recyclate Circulose® per year.

In the Canopy’s 2021 Hot Button Ranking, Kelheim Fibres once again occupies a leading position: With a increase of 2.5 points in the evaluation, the Bavarian viscose speciality fibre manufacturer tied for third place out of around 40 viscose fibre manufacturers worldwide and a dark green/green shirt for the second year running. The Hot Button Report not only stands for responsible raw material sourcing - it is an overall sustainability indicator for viscose fibre producers.

Especially in the areas of transparency and procurement, the NGO Canopy, which is committed to the preservation of ancient and endangered forests, awarded Kelheim Fibres top points: Kelheim Fibres is the only EMAS-certified viscose fibre manufacturer worldwide and publishes all environmentally relevant data publicly.

Kelheim Fibres also gained points in the area of "Next Generation Solutions" - the use of alternative raw materials in fibre production. Together with the Swedish textile recycling company Renewcell, the fibre experts are planning to realise the large-scale production of high-quality viscose fibres from up to 10,000 tonnes of the 100% textile recyclate Circulose® per year.

Source:

Kelheim Fibres GmbH

(c) Abu Dhabi Government Media Office
15.11.2021

Partnership between ADNOC and Borealis to expand Borouge Facility

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

The world-scale expansion confirms both partners’ commitment to the growth of Borouge and to support chemical production, and advanced manufacturing and industry in Ruwais, a key pillar of Abu Dhabi and the UAE’s technology, innovation and industrial development strategy. Borouge produces crucial industrial raw materials, which are exported to customers globally and used by local companies, boosting local industrial supply chains and enhancing In-Country Value.

Borouge 4 will capitalize on the projected growth in customer demand for polyolefins, driven by their use in manufactured products in the Middle East, Africa and Asia. The facility will also enable the next phase of growth at the Ruwais Industrial Complex by supplying feedstock to the TA’ZIZ Industrial Chemicals Zone.

Borouge 4 will have an industry-leading focus on sustainability leveraging the capabilities of both shareholders. The facility will utilize Borealis’ proprietary Borstar technology, to produce a product portfolio focused on durable applications for energy, infrastructure, advanced packaging, and agriculture sectors. This unique technology, in combination with hexene co-monomer, will enable the production of advanced packaging grades with up to 50% recycled polyethylene content.

Subject to an in-depth study, a Carbon Capture unit that would reduce CO2 emissions by 80% could also be operational in time for Borouge 4’s start-up. The facility is also designed to capitalize on ADNOC’s recent initiatives on clean energy, decarbonizing its power supply through access to Abu Dhabi’s clean power sources. These initiatives are aligned with the UAE Net Zero by 2050 Strategic Initiative.

The first Borouge facility, producing 450,000 tons of polyethylene per annum was commissioned in 2001. Borouge 2 and Borouge 3 took capacity to 2 million tons and 4.5 million tons of polyethylene and polypropylene per annum in 2010 and 2014 respectively.  Borouge 4 will boost the company’s annual polyolefin production to 6.4 million tons, making Borouge one of the world’s largest single-site polyolefin facilities.

The new Borouge 4 facility will comprise:

  • An ethane cracker, with 1.5 million tons ethylene output per annum, which will be the fourth cracker in Borouge’s integrated petrochemical complex in Ruwais
  • Two additional Borstar® polyethylene (PE) plants, each with 700 thousand tons per annum capacity, using state-of-the-art Borealis Borstar third generation (3G) technology
  • A cross-linked PE (XLPE) plant of 100 thousand tons per annum capacity.
  • A hexene-1 unit, which will produce co-monomers for certain grades of polyethylene.
Source:

Borealis

Iluna Group and Maglificio Ripa present their new collections and an innovative, strategic symbiosis for sustainable fashion © Iluna Group
SS 2023 campaign by Iluna Group and Maglificio Ripa
10.11.2021

SS 2023 campaign by Iluna Group and Maglificio Ripa

  • Iluna Group and Maglificio Ripa present their new collections and an innovative, strategic symbiosis for sustainable fashion
  • 9-11 November - Palais de Festivals, Boulevard de la Croisette, Cannes, France, Booth 28-29

Values, strategies, an imprinting for innovation and a well-defined vision and expertise in sustainable fashion. This mix is  the  wide  and  solid  common  denominator  giving  birth  to  the  collaboration  between  Iluna  Group,  leader  in  the production of smart lace, and Maglificio Ripa, internationally recognized for the production of premium and responsible jersey.

Two mature companies projected towards new formats of proactive collaboration, both established in common industries  - from underwear to beachwear  and  sportswear  -  that  have  chosen  to  create  a  symbiosis  of intents and strategies, each maintaining its own identity and independence.

  • Iluna Group and Maglificio Ripa present their new collections and an innovative, strategic symbiosis for sustainable fashion
  • 9-11 November - Palais de Festivals, Boulevard de la Croisette, Cannes, France, Booth 28-29

Values, strategies, an imprinting for innovation and a well-defined vision and expertise in sustainable fashion. This mix is  the  wide  and  solid  common  denominator  giving  birth  to  the  collaboration  between  Iluna  Group,  leader  in  the production of smart lace, and Maglificio Ripa, internationally recognized for the production of premium and responsible jersey.

Two mature companies projected towards new formats of proactive collaboration, both established in common industries  - from underwear to beachwear  and  sportswear  -  that  have  chosen  to  create  a  symbiosis  of intents and strategies, each maintaining its own identity and independence.

"We are living in a moment of strong change, from the wave of sustainability  that  is  finally  sweeping  the  fashion  world  to  new  market scenarios. And we are convinced that collaboration is the key to facing these new  challenges.  In  Maglificio  Ripa  we  saw  a  complementary  and  unique partner with whom we can reach customers, suppliers and other partners in a  more  complete  way."  comments  Furio  Annovazzi,  CEO  of  Iluna  Group. "Ours is not a union between companies, but a new model of partnership, a sort of strategic symbiosis aimed at developing together new paths that can make the both of us grow, while offering a more complete proposal to the market." adds Luca Bianco, CEO of Maglificio Ripa.

One of the first examples of this new format is the joint stand at MarediModa, a single space where visitors can discover the latest  collections  of  the  two  companies,  and  imagine  new  designs  and solutions for sustainable fashion.

Iluna Group and Maglificio Ripa also created the new campaign and photo shoot together, as well as developed a trend scenario that allowed both companies to better embrace the evolving market by sharing information, perspectives and ideas.

10.11.2021

New JEC Group Publication

  • COMPOSITES SUSTAINABILITY REPORT 2021  

JEC Group in collaboration with EuCIA has published the first edition of the Composites Sustainability report 2021. This report seeks to give highlights about the part composite materials are playing in creating the sustainable European economy of the future.   

The contents of the book are comprehensive: starting with discussions around the widely recognised Life  Cycle  Assessment  methodology  for  calculating  the  environmental  impact  of  products,  it then 
moves through a series of analyses and case studies presenting the Circular Economy approach and ranging from raw materials (including bio-based) to industrial components.    

  • COMPOSITES SUSTAINABILITY REPORT 2021  

JEC Group in collaboration with EuCIA has published the first edition of the Composites Sustainability report 2021. This report seeks to give highlights about the part composite materials are playing in creating the sustainable European economy of the future.   

The contents of the book are comprehensive: starting with discussions around the widely recognised Life  Cycle  Assessment  methodology  for  calculating  the  environmental  impact  of  products,  it then 
moves through a series of analyses and case studies presenting the Circular Economy approach and ranging from raw materials (including bio-based) to industrial components.    

The purpose of the work, rather than results, which quickly become obsolete, is to give examples of approaches contributing to and moving towards sustainability. To do so, JEC Group has arbitrarily split
the value chain into five parts:
• Background, LCA, circular economy ;  
• Concept, design, raw materials ;  
• Production, processes, waste ;  
• Recycling, recovery ;
• Applications. 
 
The book “Composites sustainability Report 2021” is for sale online.

VDMA: Top young talent with cutting-edge topics  (c) VDMA
The 2021 winners (from top left to right): Dr Martin Hengstermann, Irina Kuznik, Kai-Chieh Kuo.
10.11.2021

VDMA: Top young talent with cutting-edge topics

The Chairman of the Walter Reiners-Stiftung foundation of the VDMA Textile Machinery Association, Peter D. Dornier has awarded prizes to three successful young engineers. The award-winning works provide practical solutions on the topic of circular economy. For example, the recycling of carbon fibres, which are used to produce lightweight components for the automotive industry. Or the environmentally friendly production of yarns from crab shells. Another topic was medical applications: The processing of ultra-fine yarns into stents for aortic repair. The award ceremony took place online on 9 November as part of the Aachen-Dresden-Denkendorf International Textile Conference.  

With a creativity prize, endowed with 3,000 euros, the foundation honoured the diploma thesis of Irina Kuznik, TU Dresden. She used a creative approach to realise solutions for processing chitosan into fibre yarn.

The Chairman of the Walter Reiners-Stiftung foundation of the VDMA Textile Machinery Association, Peter D. Dornier has awarded prizes to three successful young engineers. The award-winning works provide practical solutions on the topic of circular economy. For example, the recycling of carbon fibres, which are used to produce lightweight components for the automotive industry. Or the environmentally friendly production of yarns from crab shells. Another topic was medical applications: The processing of ultra-fine yarns into stents for aortic repair. The award ceremony took place online on 9 November as part of the Aachen-Dresden-Denkendorf International Textile Conference.  

With a creativity prize, endowed with 3,000 euros, the foundation honoured the diploma thesis of Irina Kuznik, TU Dresden. She used a creative approach to realise solutions for processing chitosan into fibre yarn.

Mr Kai-Chieh Kuo was awarded the diploma/master's thesis promotion prize of 3,500 euros. With his master's thesis, which was written at RWTH Aachen University, Mr Kuo contributes to the production of vital components used in medicine. The stents made of ultra-fine yarns are made possible by an innovative modification of the classic tube weaving process.

The Walter Reiners Foundation rewarded the doctoral thesis of Dr. Martin Hengstermann with the promotional prize in the dissertation category, endowed with 5,000 euros. The thesis deals with the production of recycled carbon fibres. These can be used to produce lightweight components for motor vehicle and aircraft construction or the wind energy sector.

New Prize Sustainability / Circular Economy
The environmental conditions of the textile industry and machine construction are changing. Topics such as climate protection and the circular economy are becoming central. From this perspective, the board of the Walter Reiners Foundation has decided to further develop the foundation's prize system.

In 2022, the foundation will for the first time offer a prize with a focus on design / sustainability. Peter D. Dornier, Chairman of the Foundation, explained: "Already in the design phase, one can set the parameters so that a textile product can be reintroduced after use into the economic cycle for a high-quality application. For example, through the appropriate use of materials and finishing. We are looking for solutions for resource-saving design, technology and manufacturing processes."   

08.11.2021

ROICA™ by Asahi Kasei turns 50 and showed latest smart stretch fabric range at MarediModa

Showing its leadership, ROICA™ marks a milestone in the world of stretch, enhancing a contemporary wardrobe made of new generation values that are fully conveyed and visible to the end consumer. Indeed, by creating cutting-edge tools, such as the hangtags that provide, through simple and well-designed icons, clear and concise functional information showing for each application the values and performances of each single ROICA™ families: ROICA Colour Perfect ™, ROICA Resistance™, ROICA Feel Good™, ROICA Eco-Smart™, ROICA Contour™.

On top of this, in order to ASSURE that what is labelled as ROICA™ Sustainable truly reflects the brand’s new generation values, the company created and introduced a branding policy indicating the allowed blends for their smart yarns belonging to the unique ROICA Eco-Smart™ family. A big step toward complete transparency and transparent AUTHENTIC communication.
ROICA™ identity will be activated in all its communication tools and channels, such as a renovated website and social media presence.

Showing its leadership, ROICA™ marks a milestone in the world of stretch, enhancing a contemporary wardrobe made of new generation values that are fully conveyed and visible to the end consumer. Indeed, by creating cutting-edge tools, such as the hangtags that provide, through simple and well-designed icons, clear and concise functional information showing for each application the values and performances of each single ROICA™ families: ROICA Colour Perfect ™, ROICA Resistance™, ROICA Feel Good™, ROICA Eco-Smart™, ROICA Contour™.

On top of this, in order to ASSURE that what is labelled as ROICA™ Sustainable truly reflects the brand’s new generation values, the company created and introduced a branding policy indicating the allowed blends for their smart yarns belonging to the unique ROICA Eco-Smart™ family. A big step toward complete transparency and transparent AUTHENTIC communication.
ROICA™ identity will be activated in all its communication tools and channels, such as a renovated website and social media presence.

At MarediModa – the international fair dedicated to fabrics and accessories for the beachwear, underwear and athleisure sectors - ROICA ™ partners such as Eusebio, Iluna Group, Interjersey Milano, Maglificio Ripa, Penn Textile Solutions GmbH, Piave Maitex and Sofileta shared their latest fabric innovations where sustainability cutting-edge performance and design realized with ROICA™ premium stretch ingredient, were on stage.

(c) TMAS
The new TMAS board members (left to right) Sven Öquist, Jerker Krabbe and Semir Pavlica.
08.11.2021

TMAS has appointed three new members to its board

Jerker Krabbe of Eton Systems, Semir Paclica of Baldwin Technology and Sven Öquist of Coloreel will contribute a wealth of experience from a wide range of industries to the Swedish Textile Machinery Association.

Jerker Krabbe joined Eton Systems, one of the leaders in intelligent overhead conveyor systems, as CEO six months ago, and has more than 25 years of commercial, operational and international experience within several well-known companies such as Electrolux, Husqvarna, Gunnebo and Assa Abloy, and most recently as CEO of Sector Alarm AB.

Semir Pavlica has a master’s in finance and started his career at the SEB banking group before joining Baldwin Technology five ago. He is now managing the company’s process improvement and performance.

Sven Öquist joined Coloreel as Vice President of Sales in April this year. He has an international background with previous positions as Managing Director/CEO for a number of Swedish companies. He has also led the global sales team at Polestar, the electrified brand of Volvo Cars.

 

Jerker Krabbe of Eton Systems, Semir Paclica of Baldwin Technology and Sven Öquist of Coloreel will contribute a wealth of experience from a wide range of industries to the Swedish Textile Machinery Association.

Jerker Krabbe joined Eton Systems, one of the leaders in intelligent overhead conveyor systems, as CEO six months ago, and has more than 25 years of commercial, operational and international experience within several well-known companies such as Electrolux, Husqvarna, Gunnebo and Assa Abloy, and most recently as CEO of Sector Alarm AB.

Semir Pavlica has a master’s in finance and started his career at the SEB banking group before joining Baldwin Technology five ago. He is now managing the company’s process improvement and performance.

Sven Öquist joined Coloreel as Vice President of Sales in April this year. He has an international background with previous positions as Managing Director/CEO for a number of Swedish companies. He has also led the global sales team at Polestar, the electrified brand of Volvo Cars.

 

(c) Messe Frankfurt Japan Ltd
04.11.2021

IFFT/Interior Lifestyle Living closed its doors after three successful days

IFFT/Interior Lifestyle Living has wrapped up three successful days of business at Tokyo Big Sight’s South Halls. From 18 – 20 October 2021, a total of 11,147 visitors found their way to the fairground. Assembling again for the first time since the pandemic began, 300 exhibitors from five different countries and regions welcomed visitors with an extensive and diverse selection of products in 10,390 sqm of gross exhibition space.

IFFT/Interior Lifestyle Living has wrapped up three successful days of business at Tokyo Big Sight’s South Halls. From 18 – 20 October 2021, a total of 11,147 visitors found their way to the fairground. Assembling again for the first time since the pandemic began, 300 exhibitors from five different countries and regions welcomed visitors with an extensive and diverse selection of products in 10,390 sqm of gross exhibition space.

“As the place where designers set trends and decision makers meet, IFFT/Interior Lifestyle Living has once again proven to be the premier trade fair in Japan for the entire living space,” says Mr Yasushi Kajiwara, Managing Director of Messe Frankfurt Japan Ltd. “After last year’s fair was deferred due to the pandemic, we worked hard to present industry buyers with new impulses and ideas at this edition. This included an additional focus on up-and-coming designers at dedicated zones for new talent.”
 
Fresh talent and green living
With products for the entire living space assembled at the fairground, trade buyers were once again spoilt for choice, but a number of product zones in particular were worthy of special attention.
As a new initiative for 2021, the renowned Japanese architect Mr Keiji Ashizawa gathered prospective new interior designers and their products at the highly anticipated '+Talents' Zones.
 
To maximise connections, a series of fairground tours were also arranged to bring architects closer to the best new designers and their interior products for the Japanese market. A new 'Ethical' Zone was also introduced to spotlight green living, up-cycling, fair trade, and more.

Source:

Messe Frankfurt Japan Ltd / Messe Frankfurt (HK)

04.11.2021

JIAM 2022 OSAKA set to return and open exhibitor application

JIAM 2022 OSAKA, organised by the Japan Sewing Machinery Manufacturers Association (JASMA), will start accepting exhibitor applications for its next edition to be held from 30 November to 3 December, 2022 in the INTEX OSAKA. JIAM 2022 has decided its exhibition theme as “It all connects at JIAM -the forefront of technology and master craftsmanship” and the show will serve as a global platform for the resolution of issues required in this era of change. The 2022 edition will be providing solutions catered to each and every needs by combining existing high-level skillsets that has survived the drastic market change in the past, with the latest technology that has built on knowledge and the history.
 
JIAM, one of the world's leading sewing equipment trade fairs, is an international trade fair that brings together cutting-edge technologies, products, and services from domestic and overseas manufacturers. The previous edition of JIAM 2016 welcomed 258 exhibitors from 15 countries and regions as well as 15,257 visitors from 72 countries and regions, mainly from Bangladesh, China, India, Korea, Taiwan, Sri Lanka, and Vietnam.

JIAM 2022 OSAKA, organised by the Japan Sewing Machinery Manufacturers Association (JASMA), will start accepting exhibitor applications for its next edition to be held from 30 November to 3 December, 2022 in the INTEX OSAKA. JIAM 2022 has decided its exhibition theme as “It all connects at JIAM -the forefront of technology and master craftsmanship” and the show will serve as a global platform for the resolution of issues required in this era of change. The 2022 edition will be providing solutions catered to each and every needs by combining existing high-level skillsets that has survived the drastic market change in the past, with the latest technology that has built on knowledge and the history.
 
JIAM, one of the world's leading sewing equipment trade fairs, is an international trade fair that brings together cutting-edge technologies, products, and services from domestic and overseas manufacturers. The previous edition of JIAM 2016 welcomed 258 exhibitors from 15 countries and regions as well as 15,257 visitors from 72 countries and regions, mainly from Bangladesh, China, India, Korea, Taiwan, Sri Lanka, and Vietnam.

04.11.2021

Autoneum presents medium-term financial targets

Autoneum presented an insight into current market trends and the Company's strategic focus in the areas of electromobility and sustainability, as well as an outlook on its medium-term financial targets at the media and financial analysts brunch.

In addition to current market expectations and trends in the automotive industry, the focus will be on Autoneum’s activities and growth potential in the areas of e-mobility and sustainability. Matthias Holzammer, CEO, and other experts of the Company will present Autoneum's latest developments with regard to New Mobility and sustainable product innovations as well as their strategic classification. CFO Bernhard Wiehl will also present Autoneum's new medium-term financial targets.

Autoneum presented an insight into current market trends and the Company's strategic focus in the areas of electromobility and sustainability, as well as an outlook on its medium-term financial targets at the media and financial analysts brunch.

In addition to current market expectations and trends in the automotive industry, the focus will be on Autoneum’s activities and growth potential in the areas of e-mobility and sustainability. Matthias Holzammer, CEO, and other experts of the Company will present Autoneum's latest developments with regard to New Mobility and sustainable product innovations as well as their strategic classification. CFO Bernhard Wiehl will also present Autoneum's new medium-term financial targets.

Based on the further expansion of the portfolio with sustainable products and new applications for e-vehicles as well as the increase in market share with existing and new customers, particularly in Asia, the Company expects a profitable revenue growth at market level in the medium term. Based on the expected revenue development, further progress in the turnaround of North America as well as the consistently practiced operational excellence in all business areas, Autoneum targets an EBITDA margin of 13% in the medium term. Accordingly, a solid free cash flow in the amount of 6% of revenue and a further increase in the equity ratio to over 35% are targeted. The Company still intends to pay a dividend to shareholders of at least 30% of the profit attributable to Autoneum shareholders.

More information:
Autoneum Automotive Sustainability
Source:

Autoneum Management AG

04.11.2021

adidas awarded high ESG rating by S&P for sustainability performance

Following a thorough assessment by rating agency S&P adidas’ sustainability performance has received an outstanding evaluation. Assessed across Environmental, Social and Governance (ESG) dimensions, adidas was awarded with an ESG Profile Score of 79 out of 100. Combined with a strong Preparedness Score (+6), the company’s overall ESG Evaluation Score amounts to 85, placing adidas sixth in the entire S&P Global Rating Universe.

In its assessment, S&P emphasizes adidas’ industry-leading approach to innovation, supply chain management and consumer engagement. In particular, credit is given to adidas’ ambitions to scale the use of sustainable materials, to expand circular services and to deliver against ambitious net-zero emission targets. In addition to adidas’ strong control mechanisms over its supply chain ensuring fair and safe labor practices, the analysis also calls out the integration of a sustainability target into the compensation system of the Executive Board. The close interaction between the Supervisory Board and the Executive Board is seen as exemplary and supportive of the overall strategy execution.

Following a thorough assessment by rating agency S&P adidas’ sustainability performance has received an outstanding evaluation. Assessed across Environmental, Social and Governance (ESG) dimensions, adidas was awarded with an ESG Profile Score of 79 out of 100. Combined with a strong Preparedness Score (+6), the company’s overall ESG Evaluation Score amounts to 85, placing adidas sixth in the entire S&P Global Rating Universe.

In its assessment, S&P emphasizes adidas’ industry-leading approach to innovation, supply chain management and consumer engagement. In particular, credit is given to adidas’ ambitions to scale the use of sustainable materials, to expand circular services and to deliver against ambitious net-zero emission targets. In addition to adidas’ strong control mechanisms over its supply chain ensuring fair and safe labor practices, the analysis also calls out the integration of a sustainability target into the compensation system of the Executive Board. The close interaction between the Supervisory Board and the Executive Board is seen as exemplary and supportive of the overall strategy execution.

More information:
adidas Sustainability S&P
Source:

adidas AG

Indorama Ventures strengthens its management council with new role rotations (c) Indorama Ventures Public Company Limited
02.11.2021

Indorama Ventures strengthens its management council with new role rotations

Indorama Ventures Public Company Limited announced it has strengthened its Indorama Management Council (IMC) – the company’s highest operational management committee – by rotating experienced executives and adding the COOs of the Fibers and Integrated Oxides & Derivatives (IOD) segments.

The elevation of Mr Christopher Kenneally, COO of Fibers, and Mr Alastair Port, COO of IOD, to the IMC – will enable more agile decision making as they build their high-growth segments into self-sustaining organizations that maximize value for IVL stakeholders. The appointments are effective immediately.

Indorama Ventures Public Company Limited announced it has strengthened its Indorama Management Council (IMC) – the company’s highest operational management committee – by rotating experienced executives and adding the COOs of the Fibers and Integrated Oxides & Derivatives (IOD) segments.

The elevation of Mr Christopher Kenneally, COO of Fibers, and Mr Alastair Port, COO of IOD, to the IMC – will enable more agile decision making as they build their high-growth segments into self-sustaining organizations that maximize value for IVL stakeholders. The appointments are effective immediately.

In a rotation of roles, Mr Sanjay Ahuja, the current CFO of IVL, will switch to Interim COO of Combined PET (CPET) for a period of 2 years, effective January 2022, as part of a rotation of senior expertise across the IMC. He will report to Mr D K Agarwal as CEO, who will take on additional broader responsibilities as CFO. The CPET role rotation will enable new dynamism in this largest segment of IVL and establish a self-sustaining organization for the permanent successor that IMC selects over this period. Mr Agarwal will be supported by Mr Ashok Jain in an enhanced role as Controller, covering Banking & Finance, Global Consolidation, Taxation and M&A.

Further, Mr Klaus Holz will join the IMC as Chief Human Resources Officer, effective 1 January 2022. He replaces Mr Roberto Bettini who will retire at the end of 2021.

Source:

Indorama Ventures Public Company Limited