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23 results
24.09.2021

Lenzing at FILO with TENCEL™ fiber

Lenzing will be at the 56th edition of FILO, taking place on September 29 and 30, in Milan, with its TENCEL™ fiber. Sustainability and ethical values will be the main focus of the event.

Furthermore, to delve deeper in the sustainable approach that drives Lenzing's production processes, on September 30, at 3.00 PM, a presentation with the title "Lenzing's biorefinery concept" will be held by Carlo Covini, Lenzing – Business Development Manager Italy & Switzerland. This will be part of the Dialoghi di Confronto segment set near the Networking Area.

Lenzing will be at the 56th edition of FILO, taking place on September 29 and 30, in Milan, with its TENCEL™ fiber. Sustainability and ethical values will be the main focus of the event.

Furthermore, to delve deeper in the sustainable approach that drives Lenzing's production processes, on September 30, at 3.00 PM, a presentation with the title "Lenzing's biorefinery concept" will be held by Carlo Covini, Lenzing – Business Development Manager Italy & Switzerland. This will be part of the Dialoghi di Confronto segment set near the Networking Area.

More information:
Lenzing FILO Milano Tencel Fibers fibres
Source:

Menabò Group

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12.08.2021

SGL Carbon: strong first half of 2021

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

With sales of €221.2 million, the Graphite Solutions business area contributed around 44.5% of SGL Group sales. The 3.8% increase in the division's sales was particularly due to the positive development in the important markets of the LED, semiconductor and automotive industries.

Transformation program:
The restructuring and transformation process initiated at SGL Carbon made a significant contribution to the Company's positive sales and earnings performance. In addition to leaner and more efficient structures as well as a reorganization of the business units with responsibility for results, a large number of improvements and cost initiatives in all business units and sites have contributed to the success of the ongoing transformation program.

Forecast increase:
Due to pleasing business development in the first half of the year as well as transformation successes, SGL Carbon raised its forecast for fiscal year 2021 on July 13, 2021. For the financial year 2021, the company now expects consolidated sales of around €1.0 billion (previously: €920 - 970 million). In line with developments in the first half of 2021 and the results from the transformation, adjusted EBITDA for 2021 is expected to be between €130 - 140 million (previously: €100 - 120 million). Accordingly, a slightly positive net profit is now forecasted for fiscal year 2021 (previously: €-20 million to €0).

More information:
SGL Carbon SGL Carbon SE
Source:

SGL CARBON SE

 

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(c) German Popp. Dr. Marina Crnoja-Cosic (Kelheim Fibres) and Linda Dengler (Microbify)
28.06.2021

Kelheim Fibres presents award at “Plan B” start-up competition

For the fourth time, the international start-up competition "Plan B - Biobased.Business.Bavaria." organised by BioCampus Straubing honoured the best new business ideas in the field of biobased solutions.

Dr Crnoja-Cosic, Director New Business Development, and Matthew North, Commercial Director, represented Kelheim Fibres at the award ceremony. The manufacturer of special viscose fibres has been working with the BioCampus Straubing for many years and is a supporter of the competition, this year as prize sponsors. In this capacity, Dr. Crnoja-Cosic congratulated the newly founded team of Microbify GmbH on their third place and presented them with a cheque for 3,000 Euros. As a spin-off from the University of Regensburg, Microbify works, among other things, on the use of old natural gas storage facilities for the production of green natural gas using extremophilic microorganisms.

For the fourth time, the international start-up competition "Plan B - Biobased.Business.Bavaria." organised by BioCampus Straubing honoured the best new business ideas in the field of biobased solutions.

Dr Crnoja-Cosic, Director New Business Development, and Matthew North, Commercial Director, represented Kelheim Fibres at the award ceremony. The manufacturer of special viscose fibres has been working with the BioCampus Straubing for many years and is a supporter of the competition, this year as prize sponsors. In this capacity, Dr. Crnoja-Cosic congratulated the newly founded team of Microbify GmbH on their third place and presented them with a cheque for 3,000 Euros. As a spin-off from the University of Regensburg, Microbify works, among other things, on the use of old natural gas storage facilities for the production of green natural gas using extremophilic microorganisms.

Driving the change from a fossil-based to a bio-based economy is a declared goal of Kelheim Fibres - their speciality fibres replacing fossil materials in more and more applications. To this end, the fibre manufacturer seeks inspiration and exchange within its own industry as well as with innovation partners from outside the industry, start-ups and science in an open innovation approach.

More information:
Kelheim Fibres Microbify GmbH
Source:

Kelheim Fibres GmbH

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