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(c) RadiciGroup
17.03.2023

RadiciGroup: 100% naturally sourced yarn made from castor oil

RadiciGroup presented Biofeel® Eleven, a yarn of natural origin, at the Performance Days trade fair (from March 15-16 in Munich). Biofeel® Eleven is sourced from castor oil and is suitable for obtaining bio-polymer. It can be used for fabrics and fine garments in many sectors, from fashion to sports, from automotive to home textiles.

Today, 80% of the world's castor-oil plantations are in India, particularly in the Gujarat region, due to its favourable climatic conditions. In this area, local people can earn an additional income by cultivating semi-arid land that does not compete with food production, and by applying the skills they have acquired over time to this work. Over the years, thanks to research, development and innovation in the value chain, the seeds from which the oil is produced have been selected and certified to ensure the finest quality, also in terms of end uses.

Castor beans contain around 45% oil, rich in ricinolein, from which the bio-polymer polyamide 11 is derived. This is the polymer RadiciGroup uses for its Biofeel® Eleven yarn. What remains after the first pressing is a highly effective bio-fertiliser that is returned to the soil.

RadiciGroup presented Biofeel® Eleven, a yarn of natural origin, at the Performance Days trade fair (from March 15-16 in Munich). Biofeel® Eleven is sourced from castor oil and is suitable for obtaining bio-polymer. It can be used for fabrics and fine garments in many sectors, from fashion to sports, from automotive to home textiles.

Today, 80% of the world's castor-oil plantations are in India, particularly in the Gujarat region, due to its favourable climatic conditions. In this area, local people can earn an additional income by cultivating semi-arid land that does not compete with food production, and by applying the skills they have acquired over time to this work. Over the years, thanks to research, development and innovation in the value chain, the seeds from which the oil is produced have been selected and certified to ensure the finest quality, also in terms of end uses.

Castor beans contain around 45% oil, rich in ricinolein, from which the bio-polymer polyamide 11 is derived. This is the polymer RadiciGroup uses for its Biofeel® Eleven yarn. What remains after the first pressing is a highly effective bio-fertiliser that is returned to the soil.

Biofeel® Eleven can also be solution dyed, i.e. dyed at the yarn production stage, saving a great deal of water and energy and also providing greater colour stability.

Source:

RadiciGroup

16.03.2023

„IG Metall wollte keinen Abschluss in der dritten Runde“

  • Tarifgespräche für westdeutsche Textil- und Bekleidungsindustrie ergebnislos vertagt


Die IG Metall hat mit dem Abbruch der Gespräche am 15. März, so die Arbeitgeberseite, die Chance vertan, dass die Beschäftigten noch im April einen Inflationsausgleich von 1000 Euro erhalten.
 
Während der achtstündigen Gespräche lehnte die IG Metall alle Angebote der Arbeitgeber ab. Diese hatten Tariferhöhungen von über zehn Prozent für untere Lohngruppen, bzw. spürbare prozentuale Erhöhungen beinhaltet.

Markus Simon, Verhandlungsführer der Arbeitgeber: „Die IG Metall wollte heute keinen Abschluss. Es gab keine Bereitschaft, sich detailliert mit den Angeboten der Arbeitgeber auseinanderzusetzen. Statt gemeinsam die Krise zu meistern, geht es der Gewerkschaft offensichtlich darum, den Arbeitskampf für völlige unrealistische Forderungen fortzusetzen.“

  • Tarifgespräche für westdeutsche Textil- und Bekleidungsindustrie ergebnislos vertagt


Die IG Metall hat mit dem Abbruch der Gespräche am 15. März, so die Arbeitgeberseite, die Chance vertan, dass die Beschäftigten noch im April einen Inflationsausgleich von 1000 Euro erhalten.
 
Während der achtstündigen Gespräche lehnte die IG Metall alle Angebote der Arbeitgeber ab. Diese hatten Tariferhöhungen von über zehn Prozent für untere Lohngruppen, bzw. spürbare prozentuale Erhöhungen beinhaltet.

Markus Simon, Verhandlungsführer der Arbeitgeber: „Die IG Metall wollte heute keinen Abschluss. Es gab keine Bereitschaft, sich detailliert mit den Angeboten der Arbeitgeber auseinanderzusetzen. Statt gemeinsam die Krise zu meistern, geht es der Gewerkschaft offensichtlich darum, den Arbeitskampf für völlige unrealistische Forderungen fortzusetzen.“

Die Angebote der Arbeitgeber hatte ein Gesamtvolumen in Höhe der Gewerkschaftsforderung von acht Prozent, einschließlich einer Inflationsausgleichsprämie von insgesamt 1500 Euro. Für untere Lohngruppen hatten die Arbeitgeber Einkommensverbesserungen von über zehn Prozent vorgeschlagen. Auch bei der Laufzeit waren die Arbeitgeber den Arbeitnehmern entgegengekommen.
Die wirtschaftliche Lage der westdeutschen Textil- und Bekleidungsindustrie ist weiter äußerst angespannt. Die angekündigte Schließung von 52 Galeria Karstadt Kaufhof-Filialen sowie die Insolvenz von Peek & Cloppenburg setzen die Hersteller von Bekleidung zusätzlich unter Druck. Die Produzenten technischer Textilien erleben einen nie dagewesenen Kostendruck bei Energie und Rohstoffen und stehen vor der Situation, in Deutschland nicht mehr wettbewerbsfähig produzieren zu können.

Die Gespräche sollen am 31. März fortgesetzt werden.

Source:

Südwesttextil – Verband der Südwestdeutschen Textil- und Bekleidungsindustrie e.V.

(c) Hohenstein
15.03.2023

Hohenstein: First 3D measurement study to improve garment sizing for children

Garment fitting pioneer Hohenstein has conducted the first ever measurement series on babies and toddlers. The data will aid the pattern development and fit assessment that is particularly challenging for children's clothing. The new database will help brands and manufacturers design their children's clothing in an accurate, efficient and more sustainable way using fit testing and pattern optimisation.

Hohenstein has been taking body measurements for all target groups since 1957. Based on regular serial measurements taken with 3D body scans over 20 years, data is continuously updated. With the measurement of toddlers and babies, Hohenstein is now closing a large gap in the German market for the first time. 5626 girls and boys in sizes 56 to 182 were measured. This means that 3D scans of infants are available for the first time. The 3D body data form an indispensable basis for customer-specific measurement tables, child-friendly patterns and gradings, optimal fits as well as 3D children's avatars for the simulation of clothing.

Garment fitting pioneer Hohenstein has conducted the first ever measurement series on babies and toddlers. The data will aid the pattern development and fit assessment that is particularly challenging for children's clothing. The new database will help brands and manufacturers design their children's clothing in an accurate, efficient and more sustainable way using fit testing and pattern optimisation.

Hohenstein has been taking body measurements for all target groups since 1957. Based on regular serial measurements taken with 3D body scans over 20 years, data is continuously updated. With the measurement of toddlers and babies, Hohenstein is now closing a large gap in the German market for the first time. 5626 girls and boys in sizes 56 to 182 were measured. This means that 3D scans of infants are available for the first time. The 3D body data form an indispensable basis for customer-specific measurement tables, child-friendly patterns and gradings, optimal fits as well as 3D children's avatars for the simulation of clothing.

Hohenstein offers a wide range of tests for safe children's clothing from a single source. In addition to fit and pattern, Hohenstein carries out risk assessments and safety tests for children's clothing (e.g. cords according to DIN EN 13682), UV protection according to different standards, tests for harmful substances according to OEKO-TEX®, among others. Toy testing is also part of the portfolio.

Source:

Hohenstein

(c) Digital Capability Center
15.03.2023

ITA Supports SMEs in Digitisation and Sustainability

The Institut für Textiltechnik (ITA) of RWTH Aachen University, as part of the Mittelstandzentrum 4.0 Kompetenzzentrum Textil vernetzt, has supported numerous small and medium-sized enterprises (SMEs) on their way to digitalisation over the last five years. At the Digital Capability Center (DCC) in Aachen, for example, SMEs were able to experience digitised production from yarn to smart bracelets and thus test the feasibility of Industry 4.0 solutions in their working environment.

New supply chain laws and social sustainability now pose current challenges for SMEs. In the follow-up project Mittelstand-Digital Zentrum Smarte Kreisläufe (SME Digital Centre Smart Cycles), ITA will be supporting SMEs from 1 March in implementing ideas for digitalisation and sustainability in concrete terms.

The Institut für Textiltechnik (ITA) of RWTH Aachen University, as part of the Mittelstandzentrum 4.0 Kompetenzzentrum Textil vernetzt, has supported numerous small and medium-sized enterprises (SMEs) on their way to digitalisation over the last five years. At the Digital Capability Center (DCC) in Aachen, for example, SMEs were able to experience digitised production from yarn to smart bracelets and thus test the feasibility of Industry 4.0 solutions in their working environment.

New supply chain laws and social sustainability now pose current challenges for SMEs. In the follow-up project Mittelstand-Digital Zentrum Smarte Kreisläufe (SME Digital Centre Smart Cycles), ITA will be supporting SMEs from 1 March in implementing ideas for digitalisation and sustainability in concrete terms.

This means finding sustainable solutions and processes for the circular economy together with companies and developing new digital business models. The ITA's solutions cover the areas of awareness-raising, qualification, implementation and networking. These offers are free of charge for SMEs - follow-up projects often lead to the funding programme "Central Innovation Programme for SMEs - ZIM" of the Federal Ministry of Economics and Climate Protection (BMWK) or to research and development projects.

Questions concerning the funding conditions can be sent to the following e-mail address: rosario.othen@ita.rwth-aachen.de.

Source:

Institut für Textiltechnik der RWTH Aachen University

15.03.2023

Indorama Ventures and Polymateria sign partnership for biodegradable hygiene products

Indorama Ventures Public Company Limited (IVL) and technology specialist Polymateria Limited have signed an exclusive 10-year partnership to help household brands bring biodegradable nonwoven hygiene products to the market through biotransformation technology.

This collaboration provides a new solution for dealing with essential items like facemasks and wipes once they have been used, ensuring they can return safely to nature without leaving behind any microplastics or toxic residue. It is specifically designed to tackle plastic leaking into the environment as unmanaged waste, meaning it is neither collected for landfill nor recycled. Given that most of the plastic in our oceans originates as unmanaged waste on land, addressing the unmanaged waste challenge is key.

Indorama Ventures Public Company Limited (IVL) and technology specialist Polymateria Limited have signed an exclusive 10-year partnership to help household brands bring biodegradable nonwoven hygiene products to the market through biotransformation technology.

This collaboration provides a new solution for dealing with essential items like facemasks and wipes once they have been used, ensuring they can return safely to nature without leaving behind any microplastics or toxic residue. It is specifically designed to tackle plastic leaking into the environment as unmanaged waste, meaning it is neither collected for landfill nor recycled. Given that most of the plastic in our oceans originates as unmanaged waste on land, addressing the unmanaged waste challenge is key.

IVL’s right to use Polymateria’s unique biotransformation technology for nonwovens supports application in non-virgin resin recycling while providing a solution for ‘fugitive’ used articles, especially those items that end up in the natural environment. This biotransformation process involves the plastic transforming into a bioavailable wax in the open terrestrial environment, whereupon the wax is fully consumed by bacteria, microbes and fungi, leaving just carbon dioxide, water, and biomass. The pulp component is inherently biodegradable under similar conditions.

Nonwovens made by IVL using Polymateria’s technology have been independently tested against, and meet the criteria in, the BSI PAS 9017 standard for the biodegradation of polyolefins in an open-air terrestrial environment published by the British Standards Institution in October 2020. This standard and/or its criteria – the first in the world to ensure plastic can biotransform in the open terrestrial environment without creating any microplastics – is being adopted around the world including in India, Malaysia, the Philippines and Hungary.

Source:

Indorama Ventures Public Company Limited

15.03.2023

GOTS Version 7.0 released

The Global Organic Textile Standard is pleased to announce the release of GOTS Version 7.0, which features an expanded scope of environmental and social criteria while maintaining a standard that is practicable for industrial production and appropriate for a wide range of products. During the regular year-long revision process, international stakeholders with expertise in organic production, textile processing, textile chemistry, human rights and social criteria, as well as representatives from industry, NGOs and civil society organisations, contributed to the new Version 7.0 through multiple consultation rounds. Final decisions were made by the multistakeholder GOTS Standard Revision Committee.

The Global Organic Textile Standard is pleased to announce the release of GOTS Version 7.0, which features an expanded scope of environmental and social criteria while maintaining a standard that is practicable for industrial production and appropriate for a wide range of products. During the regular year-long revision process, international stakeholders with expertise in organic production, textile processing, textile chemistry, human rights and social criteria, as well as representatives from industry, NGOs and civil society organisations, contributed to the new Version 7.0 through multiple consultation rounds. Final decisions were made by the multistakeholder GOTS Standard Revision Committee.

GOTS Version 7.0 provides a comprehensive solution for companies who want to produce organic textiles ensuring compliance with environmental and human rights due diligence along the entire supply chain, from field to finished product. With full traceability from origin to destination, GOTS certification provides an efficient means of verifying genuine sustainability efforts. GOTS 7.0 introduces new requirements to conduct risk-based due diligence of Certified Entities’ own operations and their supply chains based on the UN Guiding Principles for Business and Human Rights and the OECD guidelines. The Social Criteria section was substantially revised to include a broader human rights-focused approach. GOTS 7.0 now allows recycled organic fibres as additional materials. Key requirements, such as certified organic fibre content, a general ban on toxic and harmful chemicals such as PFAS, conventional cotton and virgin polyester restrictions, and social compliance management, are maintained in GOTS Version 7.0.

Some of the changes in Version 7.0 include:

  • GOTS and the Manual for the Implementation of GOTS were restructured, and sections were grouped to reflect the standard’s scope.
  • New due diligence criteria ensures that Certified Entities address their actual and potential negative impacts on human rights and the environment.
  • GOTS Environmental Criteria, Product Stewardship, and Environmental Health and Safety (EHS) requirements will also apply to the subcontractors of chemical formulators.
  • Criteria for the incoming organic material have been made stricter.
  • Quinoline is included among the prohibited substances and some existing restrictions have been made tighter such as of “aniline, free”, residue limit is decreased to 20 mg/kg from 100 mk/kg.
  • GOTS 7.0 reduces the permissible quantity of recycled synthetic (polymer) fibres in its certified products, taking into account the disadvantages associated with recycled synthetics, such as microplastics and poor quality.
  • In the pursuit of circularity, GOTS will allow use of recycled GOTS Goods waste as an additional fibre in its certified products.
  • GOTS Human Rights and Social Criteria will now require Certified Entities to respect internationally recognised human rights protocols, including the International Bill of Human Rights and other international human rights treaties.
  • Criteria concerning Discrimination, Violence and Harassment were revised to make them more comprehensive and include the International Labour Organisation (ILO) Violence and Harassment Convention (C190).
  • Certified Entities are now required to develop a plan to cover the living wage gap.
  • GOTS Occupational Health and Safety criteria were revised to consider best international practices and recommendations from the ILO.

For more information, see the following documents:

Source:

GOTS

10.03.2023

Indorama Ventures: FY22 financial performance

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Full-year Core EBITDA climbed 31% YoY to $2.3 billion as revenue rose 28% to a record $18.8 billion. The company recorded strong cash flows of $2.2 billion, up 111% YoY. Indorama Ventures’ geographically diversified, integrated platform, backed by management’s agility, withstood unprecedented global events to generate earnings through the business cycle. During the year, the company continued to focus on its growth plan, successfully integrating its strategic surfactants business in Latin America and Vietnamese packaging acquisition. A dedicated senior team is working tirelessly and is committed to the company’s ‘Vision 2030’ sustainability goals including recycling technologies and introducing biomass feedstock to the company’s product portfolio. The ongoing ‘Project Olympus’ cost transformation program delivered an annual run rate of $449 million in efficiencies.

The annual result was impacted by an unusually challenging final quarter as fears of a recession and reduced transit times led to widespread destocking by customers. 4Q22 Core EBITDA declined 43% YoY to $264 million on a 1% drop in revenue to $3.9 billion. The pandemic lockdown in China also continued into the final quarter, reducing factory demand across Indorama Ventures’ portfolio and resulting in narrower margins from lower prices and higher costs. Higher energy and utility costs impacted European operations as the war in Ukraine continued into the winter.

To improve competitiveness and build resilience, Indorama Ventures rationalized underperforming assets in the Fibers business in Europe and a PTA site in Asia, resulting in a $7 million cash impairment in 4Q22 and a $253 million non-cash impact. As a result, the company looks forward to a $38 million uplift in EBITDA in 2023, reaching up to $65 million by 2025.

Source:

Indorama Ventures Public Company Limited

(c) IFCO
10.03.2023

Successful third edition of Istanbul Fashion Connection

The third edition of IFCO Istanbul Fashion Connection took place from 8 to 11 February 2023. At the largest IFCO to date, 588 exhibitors in a total of 9 halls at the Istanbul Expo Center met more than 10,000 international trade visitors from 134 countries such as Brazil, Canada, Chile, Colombia, Germany, Malaysia, Mexico, Nigeria, Panama, Saudi Arabia, South Africa, South Korea, Thailand, UK, United Arab Emirates. 45% of the visitors were from 134 countries and 55% of visitors were domestic. The largest group of foreign visitors came from Asia (33%), Middle East (33%), Europe (19%) and Africa (13%).

Divided into clear cut exhibition segments on a total of 100,000 sqm of exhibition space brands and manufacturers showed the latest collections from the areas of womenswear, menswear, kidswear, denim, sportswear, evening and weddingwear, lingerie, hosiery, leather & furs.

The third edition of IFCO Istanbul Fashion Connection took place from 8 to 11 February 2023. At the largest IFCO to date, 588 exhibitors in a total of 9 halls at the Istanbul Expo Center met more than 10,000 international trade visitors from 134 countries such as Brazil, Canada, Chile, Colombia, Germany, Malaysia, Mexico, Nigeria, Panama, Saudi Arabia, South Africa, South Korea, Thailand, UK, United Arab Emirates. 45% of the visitors were from 134 countries and 55% of visitors were domestic. The largest group of foreign visitors came from Asia (33%), Middle East (33%), Europe (19%) and Africa (13%).

Divided into clear cut exhibition segments on a total of 100,000 sqm of exhibition space brands and manufacturers showed the latest collections from the areas of womenswear, menswear, kidswear, denim, sportswear, evening and weddingwear, lingerie, hosiery, leather & furs.

In the new high-quality designer area The CORE İSTANBUL, internationally renowned designers from Istanbul Fashion Week presented their exciting and creative designs.
“The Core is the premier platform that connects local fashion designers with the international fashion market. Our mission is to showcase the work of Istanbul´s talented designers who are dedicated to creating unique and innovative fashion designs while embracing conscious and sustainable practices.”, says Günes Güner, curator of The Core.

Even more design power was on display at the KOZA Design Competition for young fashion creators. IMA Istanbul Moda Akademisi was responsible for the design of the IMA LAB trend zone at IFCO. In the creative space, the trends and themes of the coming season were taken up and presented in a visually elaborate way. Euphoric Recall encompasses colourful, playful 70's vibes, Metasphere describes the return of glitter and metallic with a futuristic touch. The New Gen area featured pieces by up-and-coming designers of the next generation.

In two separate halls, LinExpo gave an overview of lingerie and hosiery. As a part of IFCO 145 manufacturers presented themselves here.

A large selection of high-quality bridal and evening dresses and suits were shown in the FashionIST area.

In the IFCO Sourcing area, especially designed for production, trade visitors networked directly with international production companies such as Bozkurt, Bilce Tekstil, Gelişim, Karar, Cemsel, Bozpa, Demezoğlu, Zevigas and more.

The next IFCO is scheduled from August 9 to 11, 2023.

Source:

IFCO

10.03.2023

ANDRITZ: Record figures for 2022

echnology Group ANDRITZ achieved in 2022 the best figures in its history for order intake, revenue, and operating result ( EBITA). ANDRITZ started the new business year with a record order backlog of around ten billion EUR. Together with strict cost and project management and the successful turnaround in the Metals business area with the German Schuler Group, that order backlog will form the basis for further growth and profitability increases in 2023. Subject to the approval by the Annual General Meeting, shareholders will benefit from the excellent business development with a significant dividend increase to 2.10 EUR (previous year: 1.65 EUR) per share.

The results of the business year 2022 in detail:

echnology Group ANDRITZ achieved in 2022 the best figures in its history for order intake, revenue, and operating result ( EBITA). ANDRITZ started the new business year with a record order backlog of around ten billion EUR. Together with strict cost and project management and the successful turnaround in the Metals business area with the German Schuler Group, that order backlog will form the basis for further growth and profitability increases in 2023. Subject to the approval by the Annual General Meeting, shareholders will benefit from the excellent business development with a significant dividend increase to 2.10 EUR (previous year: 1.65 EUR) per share.

The results of the business year 2022 in detail:

  • The order intake of 9,263.4 MEUR reached a record level and was thus significantly higher than the figure for the previous year (+17.6% compared to 2021: 7,879.7 MEUR). All four business areas contributed to the increase.
  • The order backlog as of the end of 2022 amounted to 9,976.5 MEUR and was thus significantly higher than the value for the previous year (+22.2% compared to 2021: 8,165.8 MEUR).
  • The revenue saw very favorable development during the 2022 business year and reached a new record level of 7,542.9 MEUR (+16.7% compared to 2021: 6,463.0 MEUR). All four business areas contributed to the increase in revenue.
  • The operating result (EBITA) increased slightly more than revenue and reached 648.5 MEUR, also a record level (+18.7% compared to 2021: 546.5 MEUR). All four business areas contributed to the increase in earnings. Profitability (EBITA margin) increased to 8.6% (2021: 8.5%).
  • The net income (including non-controlling interests) increased significantly compared to the previous year, amounting to 402.6 MEUR (+25.1% compared to 2021: 321.7 MEUR)

ANDRITZ expects to continue its profitable course of growth in the business year 2023 and anticipates an increase in both revenue and earnings compared to 2022.

More information:
Andritz financial year 2022
Source:

ANDRITZ AG

(c) NewStore GmbH
10.03.2023

NewStore: Erste Ausgabe des Omnichannel Leadership Reports

NewStore, eine mobile Omnichannel-Cloud-Plattform für internationale Einzelhandelsmarken, hat die erste globale Ausgabe seines Omnichannel Leadership Report veröffentlicht. Dabei wurden die Omnichannel-Fähigkeiten von 275 Einzelhandelsmarken in sechs Märkten untersucht: Australien, Frankreich, Deutschland, Italien, Spanien und Großbritannien. Das Unternehmen bezog dabei zusätzlich Daten aus seinem im Oktober 2022 veröffentlichten Nordamerika-Report 2023 ein, um den Fortschritt von Händler-Initiativen zur digitalen Transformation in den verschiedenen Regionen zu vergleichen.

NewStore setzte für die Untersuchung ein Team von Testkäufern ein, um die Einkaufserlebnisse der einzelnen Einzelhandelsmarken im Internet, in der mobilen App und in den Geschäften zu überprüfen. Die Ergebnisse führten zur Ermittlung einer Gesamtpunktzahl sowie der Punktzahl für jede Berichtskategorie. Durch diesen Prozess wurden die folgenden Marken als Omnichannel-Leader 2023 in Europa und Australien identifiziert:

NewStore, eine mobile Omnichannel-Cloud-Plattform für internationale Einzelhandelsmarken, hat die erste globale Ausgabe seines Omnichannel Leadership Report veröffentlicht. Dabei wurden die Omnichannel-Fähigkeiten von 275 Einzelhandelsmarken in sechs Märkten untersucht: Australien, Frankreich, Deutschland, Italien, Spanien und Großbritannien. Das Unternehmen bezog dabei zusätzlich Daten aus seinem im Oktober 2022 veröffentlichten Nordamerika-Report 2023 ein, um den Fortschritt von Händler-Initiativen zur digitalen Transformation in den verschiedenen Regionen zu vergleichen.

NewStore setzte für die Untersuchung ein Team von Testkäufern ein, um die Einkaufserlebnisse der einzelnen Einzelhandelsmarken im Internet, in der mobilen App und in den Geschäften zu überprüfen. Die Ergebnisse führten zur Ermittlung einer Gesamtpunktzahl sowie der Punktzahl für jede Berichtskategorie. Durch diesen Prozess wurden die folgenden Marken als Omnichannel-Leader 2023 in Europa und Australien identifiziert:

  • Marks & Spencer (U.K.)
  • Calzedonia (Italien)
  • Moncler (Italien)
  • Gucci (Italien)
  • Cotton On (Australien)

Im neuen Report wurde auch der allgemeine Omnichannel-Reifegrad regional bewertet. Den einzelnen Ländern wurde eine prozentuale Punktzahl zugewiesen, die die durchschnittliche Leistung der Marken auf dem jeweiligen Markt widerspiegelt:

  • Italien: 40%
  • USA- 36%
  • Australien: 34%
  • Spanien: 34%
  • Kanada: 32%
  • Frankreich: 30%
  • U.K.: 30%
  • Deutschland: 26%

Während Italien mit der höchsten Gesamtpunktzahl und drei der fünf als Omnichannel-Leader identifizierten Marken eindeutig führend war, lagen Europa (32 %) und Australien (34 %) bei der Omnichannel-Kompetenz insgesamt noch hinter Nordamerika (36 %).
 
NewStore ermittelt die Omnichannel-Kompetenz, indem der Einsatz spezifischer Fähigkeiten analysiert wird, die für die Customer Journey über die Online-, Mobile- und In-Store-Erfahrungen einer Marke wesentlich sind. Die folgenden Daten zeigen einige der wichtigsten Omnichannel-Funktionen, die NewStore untersucht hat und wie sich diese in den verschiedenen Regionen unterscheiden:

  • Kontaktloses Bezahlen: 96 % der globalen Marken bieten kontaktlose Zahlungen an, verglichen mit 76 % in Nordamerika.
  • BORIS: 62 % der globalen Marken ermöglichen es den Kunden, online gekaufte Artikel im Geschäft zurückzugeben, verglichen mit 72 % in Nordamerika.
  • Click-and-Collect: 59 % der globalen Marken ermöglichen es den Kunden, online gekaufte Produkte im Geschäft abzuholen, verglichen mit 54 % in Nordamerika.
  • Mobilität der Mitarbeiter: 31% der globalen Marken statten ihre Mitarbeiter mit einem mobilen Gerät aus, verglichen mit 32% in Nordamerika.
  • Mobile Shopping Apps: 23% der globalen Marken bieten eine eigene App an, verglichen mit 33% in Nordamerika.
Source:

NewStore GmbH

08.03.2023

adidas announces changes to its Executive Board

The Supervisory Board of adidas AG has extended the appointment of Harm Ohlmeyer as Chief Financial Officer of the company by another three years until the beginning of 2028. Harm Ohlmeyer has been member of the Executive Board of adidas AG since March 2017 and the company’s CFO since May 2017.

At the same time, the Supervisory Board appointed Arthur Hoeld as Executive Board member, responsible for Global Sales, as of April 1, 2023. Hoeld has been with adidas for 25 years, most recently as Managing Director of the company’s EMEA region since 2018. He will succeed Roland Auschel, who has decided to step down from his role, pass on the baton and leave the company after 33 years with adidas, including ten years as an Executive Board member.    

The Supervisory Board of adidas AG has extended the appointment of Harm Ohlmeyer as Chief Financial Officer of the company by another three years until the beginning of 2028. Harm Ohlmeyer has been member of the Executive Board of adidas AG since March 2017 and the company’s CFO since May 2017.

At the same time, the Supervisory Board appointed Arthur Hoeld as Executive Board member, responsible for Global Sales, as of April 1, 2023. Hoeld has been with adidas for 25 years, most recently as Managing Director of the company’s EMEA region since 2018. He will succeed Roland Auschel, who has decided to step down from his role, pass on the baton and leave the company after 33 years with adidas, including ten years as an Executive Board member.    

Furthermore, Brian Grevy, Executive Board member of adidas AG, responsible for Global Brands, has informed adidas AG’s Supervisory Board that he will step down from the Executive Board and leave the company. In mutual agreement with Brian Grevy, the Supervisory Board approved the termination of his appointment as an Executive Board member as of March 31, 2023. adidas CEO Bjørn Gulden will assume responsibility for Global Brands. In this role, Gulden will lead adidas product and marketing activities, which will enable the required fast decision-making across all business units and departments.

Thomas Rabe thanked Brian Grevy for his many important contributions during his years of service with the company. Grevy initially joined adidas in 1998 and held leadership positions of increasing responsibility for adidas on a local, regional and global level before leaving the company in 2016. At the beginning of 2020, Brian Grevy returned to adidas as the company’s Executive Board member for Global Brands.

As of April 1, 2023, the company’s new Executive Board will consist of Bjørn Gulden (Chief Executive Officer and Global Brands), Arthur Hoeld (Global Sales), Harm Ohlmeyer (Chief Financial Officer), Amanda Rajkumar (Global Human Resources, People and Culture) and Martin Shankland (Global Operations).

More information:
adidas executive board
Source:

adidas AG

(c) AlphaTauri
03.03.2023

AlphaTauri: F1-Fahrer-Duo stellt neue Kollektion vor

Zum Auftakt der Formel 1 Saison 2023 stellt AlphaTauri Bilder des ersten Shootings mit den beiden F1-Fahrern Yuki Tsunoda und Nyck De Vries vor. Das neue Fahrer-Duo des F1-Teams Scuderia AlphaTauri präsentiert den charakteristischen „KOOV“ Parka der aktuellen AlphaTauri Frühling/Sommer Kollektion in New York.

Der technische „KOOV“ Parka verfügt in der Frühling/Sommer 2023 Kollektion über eine abnehmbare Steppweste und vereint über 12 verschiedene Features: von reisefreundlichen Packable Systemen über Primaloft® bis hin zu Perforierungen an der Kapuze, durch die Außengeräusche besser wahrgenommen werden können. Dank der 3-Lagen-Membran Taurobran® ist der Parka zudem wasserdicht und gleichzeitig atmungsaktiv.

Zum Auftakt der Formel 1 Saison 2023 stellt AlphaTauri Bilder des ersten Shootings mit den beiden F1-Fahrern Yuki Tsunoda und Nyck De Vries vor. Das neue Fahrer-Duo des F1-Teams Scuderia AlphaTauri präsentiert den charakteristischen „KOOV“ Parka der aktuellen AlphaTauri Frühling/Sommer Kollektion in New York.

Der technische „KOOV“ Parka verfügt in der Frühling/Sommer 2023 Kollektion über eine abnehmbare Steppweste und vereint über 12 verschiedene Features: von reisefreundlichen Packable Systemen über Primaloft® bis hin zu Perforierungen an der Kapuze, durch die Außengeräusche besser wahrgenommen werden können. Dank der 3-Lagen-Membran Taurobran® ist der Parka zudem wasserdicht und gleichzeitig atmungsaktiv.

Shooting in New York zum US Launch
Im Rahmen der New York Fashion Week feierte AlphaTauri auf dem US-Markt Premiere und setzt die Geschäftsexpansion mit Vertriebspartnern weiter fort. Neben der erstmaligen Präsentation der neuen Herbst/Winter 2023 AlphaTauri Kollektion in den Vereinigten Staaten von Amerika wurde parallel das neue Rennwagendesign des F1 Teams Scuderia AlphaTauri – dessen Namensgeber die Fashion Brand AlphaTauri ist – präsentiert. Mit dem Eintritt von AlphaTauri auf den US-Markt wird ab Juli 2023 die neue Kollektion erstmals für Verbraucher*innen in den USA verfügbar sein.

Source:

AlphaTauri

02.03.2023

Recycling Atelier Augsburg and Kelheim Fibres cooperate

Kelheim Fibres, a leading manufacturer of viscose speciality fibres, has joined Recycling Atelier Augsburg. Recycling Atelier Augsburg is a unique centre for research and development in the field of textile recycling. It is located at the Institut für Textiltechnik Augsburg an affiliated institute of Augsburg University of Applied Sciences. The two institutions founded the Recycling Atelier in June 2022 together with twelve partners from the German textile industry.

In the Recycling Atelier, the focus is on the triad of technical and ecological sense as well as economic benefit. In this way, the partners of the Recycling Atelier are standing up against fast fashion, outsourced corporate responsibility and a general decline in raw material quality, which often fuels downcycling - the low-quality reuse - of materials.

Kelheim Fibres, a leading manufacturer of viscose speciality fibres, has joined Recycling Atelier Augsburg. Recycling Atelier Augsburg is a unique centre for research and development in the field of textile recycling. It is located at the Institut für Textiltechnik Augsburg an affiliated institute of Augsburg University of Applied Sciences. The two institutions founded the Recycling Atelier in June 2022 together with twelve partners from the German textile industry.

In the Recycling Atelier, the focus is on the triad of technical and ecological sense as well as economic benefit. In this way, the partners of the Recycling Atelier are standing up against fast fashion, outsourced corporate responsibility and a general decline in raw material quality, which often fuels downcycling - the low-quality reuse - of materials.

As a model factory, the Recycling Atelier Augsburg combines the most important processes of textile recycling and offers holistic and comprehensive research along the value chain," explains Georg Stegschuster, head of the Recycling Atelier Augsburg. The scientists research on all process steps of textile recycling: from material analysis to sorting, preparation and textile processing to sustainable product design. Comprehensive data collection and the use of artificial intelligence as well as innovative materials play a central role.

Kelheim Fibres is a producer of high-quality viscose fibres, which consist of cellulose, the main component of the renewable raw material wood, and are used worldwide for products in areas such as hygiene, textiles, and technical applications.

"In New Business Development as well as Fibre and Application Development, we follow the Open Innovation concept - the cooperation with the Recycling Atelier offers us an ideal platform for this. Here we work with partners to advance sustainability and performance," explains Maik Thiel, project manager at Kelheim Fibres.

Recycled cotton fibres are often very short or of uneven length, which makes further processing of 100 % recycled material a challenge. Adding speciality fibres from Kelheim Fibres should enable the production of high-quality new products, such as nonwovens. In the future, the fibres provided by Kelheim Fibres will also be made from recycled pulp.

Source:

Kelheim Fibres GmbH

02.03.2023

Tarifrunde Textil- und Bekleidungsindustrie: Arbeitgeber unterbreiten Paketangebot

Trotz massiver Kosten- und Energiepreisbelastungen für die Unternehmen der Textil- und Bekleidungsindustrie haben die Arbeitgeber der IG Metall in der zweiten Runde ein zukunftsfähiges Gesamtpaket angeboten.

Verhandlungsführer Markus Simon: „Obwohl es vielen Unternehmen schwerfallen wird, haben wir der IG Metall ein Gesamtpaket vorgeschlagen, das einen Mix aus prozentualen Entgelterhöhungen und Einmalzahlungen zum Inflationsausgleich enthält.

Das Angebot enthält zwei Inflationsausgleichszahlungen: 1.000 Euro zum April 2023 und weitere 500 Euro zum April 2024 sowie 5,5 Prozent mehr Entgelt in zwei Stufen bei einer Laufzeit von 27 Monaten.

Damit haben die Beschäftigten der westdeutschen Textil- und Bekleidungsindustrie zügig mehr Geld, was insbesondere den unteren Lohngruppen zugutekommt. Dies stärkt die Beschäftigten und die Branche insgesamt.“

Die nächsten Gespräche für die rund 100.000 Beschäftigten der westdeutschen Textil- und Bekleidungsindustrie wurden für den 15. März in Kaarst (Nordrhein-Westfalen) vereinbart.

Trotz massiver Kosten- und Energiepreisbelastungen für die Unternehmen der Textil- und Bekleidungsindustrie haben die Arbeitgeber der IG Metall in der zweiten Runde ein zukunftsfähiges Gesamtpaket angeboten.

Verhandlungsführer Markus Simon: „Obwohl es vielen Unternehmen schwerfallen wird, haben wir der IG Metall ein Gesamtpaket vorgeschlagen, das einen Mix aus prozentualen Entgelterhöhungen und Einmalzahlungen zum Inflationsausgleich enthält.

Das Angebot enthält zwei Inflationsausgleichszahlungen: 1.000 Euro zum April 2023 und weitere 500 Euro zum April 2024 sowie 5,5 Prozent mehr Entgelt in zwei Stufen bei einer Laufzeit von 27 Monaten.

Damit haben die Beschäftigten der westdeutschen Textil- und Bekleidungsindustrie zügig mehr Geld, was insbesondere den unteren Lohngruppen zugutekommt. Dies stärkt die Beschäftigten und die Branche insgesamt.“

Die nächsten Gespräche für die rund 100.000 Beschäftigten der westdeutschen Textil- und Bekleidungsindustrie wurden für den 15. März in Kaarst (Nordrhein-Westfalen) vereinbart.

Source:

Verband der Südwestdeutschen Textil- und Bekleidungsindustrie Südwesttextil e.V.

Texaid
02.03.2023

New project “Transform Textile Waste into Feedstock”

Textile waste is a problem in Europe. Out of 7-7.5 million tonnes of textiles discarded every year, 30-35 % are collected separately – and of that quantity, 15-20 % are sorted by medium and larger sorting facilities within the EU. After sorting, 60 % still qualify as wearable clothes, however after a second or third collection-loop, all of the textiles become non-wearable sooner or later. Therefore, fibre-to-fibre recycling is becoming increasingly important to preserve the valuable resources.
 
The textile recycling value chain is not yet mature, but we are on the verge of a turning point, as different fibre-recycling technologies are deployed on a large scale. If successful, the textile recycling industry could reach a recycling rate of 18 to 26 percent of gross textile waste in 2030. This would create economic, social and environmental value that could total 3.5 to 4.5 billion euros in 2030.

Textile waste is a problem in Europe. Out of 7-7.5 million tonnes of textiles discarded every year, 30-35 % are collected separately – and of that quantity, 15-20 % are sorted by medium and larger sorting facilities within the EU. After sorting, 60 % still qualify as wearable clothes, however after a second or third collection-loop, all of the textiles become non-wearable sooner or later. Therefore, fibre-to-fibre recycling is becoming increasingly important to preserve the valuable resources.
 
The textile recycling value chain is not yet mature, but we are on the verge of a turning point, as different fibre-recycling technologies are deployed on a large scale. If successful, the textile recycling industry could reach a recycling rate of 18 to 26 percent of gross textile waste in 2030. This would create economic, social and environmental value that could total 3.5 to 4.5 billion euros in 2030.

Today, there is a sorting gap to achieve a circular economy for textiles in Europe. To feed this new circular value chain, a significant sorting-capacity increase is needed with 150 to 250 sorting and recycling facilities nearby, as the McKinsey-study “turning waste into value” assessed.

There is also a technology and capacity gap in sorting for reuse and recycling to ensure that high quality raw materials from non-wearable textile waste can be made available on a large scale. This is why the “Transform Textile Waste into Feedstock” project was initiated by TEXAID, within the ReHubs initiative together with well-known stakeholders of the textile value chain.

The major outcome of this project will be a sorting-factory blueprint fulfilling the requirements to the future needs of fibre-to-fibre recycling, enabling the future of more sustainable textiles by using recycled fibres. TEXAID, who is leading the project, is committed to build and operate scalable sorting facilities across Europe, the first with a capacity of 50,000 tonnes by the end of 2024.

Companies like Concordia, CuRe Technology, Decathlon, Inditex, Indorama Ventures, L’Atelier des Matières, Lenzing, Marchi & Fildi, PurFi, Södra, Worn Again and others are taking part in the project to jointly evaluate technologies and the business case for scaled sorting for reuse and recycling. ITA Academy GmbH (in cooperation with RWTH Aachen) together with CETIA has been commissioned for the assessment of technologies. The outcome will be an innovative sorting system 4.0, building on cross-functional technologies with digitalization and automation are at the heart.

02.03.2023

Hohenstein expands testing portfolio beyond textiles

  • Acquisition of QAT Services Limited laboratory in Hong Kong

On 01.03.2023 Hohenstein takes over the DAkkS accredited QAT Services Limited laboratory.  With this acquisition, the internationally recognized testing service provider is integrating the hardgoods knowledge of QATS employees into the Hohenstein portfolio.  As a result, Hohenstein will provide full-service capabilities for Greater China and beyond.

"The expansion is a strategically important step for Hohenstein,” emphasizes Prof. Mecheels, owner and CEO of Hohenstein.  "We are expanding our testing spectrum beyond the textile industry, in which we have been an established service provider for decades – and thus ensure both safe products and secure jobs."  From now on, Hohenstein will also be testing food contact material, furniture, toys and much more.  Hohenstein China Managing Director Christopher Au is also convinced: "With this step, Hohenstein is setting an important focus and strengthening its position for international customers."

 

  • Acquisition of QAT Services Limited laboratory in Hong Kong

On 01.03.2023 Hohenstein takes over the DAkkS accredited QAT Services Limited laboratory.  With this acquisition, the internationally recognized testing service provider is integrating the hardgoods knowledge of QATS employees into the Hohenstein portfolio.  As a result, Hohenstein will provide full-service capabilities for Greater China and beyond.

"The expansion is a strategically important step for Hohenstein,” emphasizes Prof. Mecheels, owner and CEO of Hohenstein.  "We are expanding our testing spectrum beyond the textile industry, in which we have been an established service provider for decades – and thus ensure both safe products and secure jobs."  From now on, Hohenstein will also be testing food contact material, furniture, toys and much more.  Hohenstein China Managing Director Christopher Au is also convinced: "With this step, Hohenstein is setting an important focus and strengthening its position for international customers."

 

More information:
Textilinstitut Hohenstein
Source:

Hohenstein Laboratories GmbH & Co. KG

Oerlikon
01.03.2023

Riri joins Oerlikon Group - Acquisition Completed

  • Oerlikon takes leadership position in luxury metalware

Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022.

Riri is a provider of coated metal accessories for the luxury fashion industry. This deal is the strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021. It expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware. As the demand for PVD coatings grows, Oerlikon’s PVD technologies that provide environmentally friendly solutions will accelerate the shift of the luxury goods industry to greener PVD technology.

Renato Usoni, CEO of Riri, will lead the newly formed luxury business unit of Oerlikon as President Oerlikon Luxury. Riri will operate as a separate business within the Surface Solutions division. Its zippers and buttons will continue to use the Riri and Cobrax brands on individual products. Oerlikon will consolidate Riri as of March 1, 2023.

  • Oerlikon takes leadership position in luxury metalware

Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022.

Riri is a provider of coated metal accessories for the luxury fashion industry. This deal is the strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021. It expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware. As the demand for PVD coatings grows, Oerlikon’s PVD technologies that provide environmentally friendly solutions will accelerate the shift of the luxury goods industry to greener PVD technology.

Renato Usoni, CEO of Riri, will lead the newly formed luxury business unit of Oerlikon as President Oerlikon Luxury. Riri will operate as a separate business within the Surface Solutions division. Its zippers and buttons will continue to use the Riri and Cobrax brands on individual products. Oerlikon will consolidate Riri as of March 1, 2023.

Source:

OC Oerlikon Management AG

Anja Merker Bild phototek
Anja Merker
01.03.2023

Neues Mittelstand-Digital Zentrum Smarte Kreisläufe zum 01. März gestartet

  • Mittelstand 4.0-Kompetenzzentrum Textil vernetzt planmäßig beendet
  • Neues Mittelstand-Zentrum soll Unternehmen mit konkreten Ideen bei Digitalisierung und Nachhaltigkeit unterstützen

Das Mittelstand-Digital Zentrum Smarte Kreisläufe gehört zu Mittelstand-Digital. Mit dem Mittelstand-Digital Netzwerk unterstützt das Bundesministerium für Wirtschaft und Klimaschutz die Digitalisierung in kleinen und mittleren Unternehmen und dem Handwerk.

Das Netzwerk bietet mit den Mittelstand-Digital Zentren, der Initiative IT-Sicherheit in der Wirtschaft und Digital Jetzt umfassende Unterstützung bei der Digitalisierung. Kleine und mittlere Unternehmen profitieren von konkreten Praxisbeispielen und passgenauen, anbieterneutralen Angeboten zur Qualifikation und IT-Sicherheit. Das Bundesministerium für Wirtschaft und Klimaschutz ermöglicht die kostenfreie Nutzung und stellt finanzielle Zuschüsse bereit. Weitere Informationen finden Sie unter www.mittelstand-digital.de.

  • Mittelstand 4.0-Kompetenzzentrum Textil vernetzt planmäßig beendet
  • Neues Mittelstand-Zentrum soll Unternehmen mit konkreten Ideen bei Digitalisierung und Nachhaltigkeit unterstützen

Das Mittelstand-Digital Zentrum Smarte Kreisläufe gehört zu Mittelstand-Digital. Mit dem Mittelstand-Digital Netzwerk unterstützt das Bundesministerium für Wirtschaft und Klimaschutz die Digitalisierung in kleinen und mittleren Unternehmen und dem Handwerk.

Das Netzwerk bietet mit den Mittelstand-Digital Zentren, der Initiative IT-Sicherheit in der Wirtschaft und Digital Jetzt umfassende Unterstützung bei der Digitalisierung. Kleine und mittlere Unternehmen profitieren von konkreten Praxisbeispielen und passgenauen, anbieterneutralen Angeboten zur Qualifikation und IT-Sicherheit. Das Bundesministerium für Wirtschaft und Klimaschutz ermöglicht die kostenfreie Nutzung und stellt finanzielle Zuschüsse bereit. Weitere Informationen finden Sie unter www.mittelstand-digital.de.

Unter der Federführung des Gesamtverbandes textil+mode werden gemeinsam mit den Partnern Deutsche Institute für Textil- und Faserforschung Denkendorf (DITF), Institut für Textiltechnik der RWTH Aachen University (ITA), Sächsisches Textilforschungsinstitut (STFI) und DER MITTELSTANDSVERBUND – ZGV kleine und mittlere Unternehmen bei der Einführung zukunftsrelevanter digitaler Technologien begleitet. Themen sind u.a. hohe Energie- und Rohstoffkosten, neue gesetzliche Regelungen in den Bereichen Lieferketten und Kreislaufwirtschaft, Arbeiten auf digitalen Plattformen und eine bedarfsgerechte Qualifikation der Belegschaft

Geschäftsführerin Anja Merker sieht das Thema Digitalisierung in den Unternehmen angekommen. „Künstliche Intelligenz, Robotik oder Blockchain sind keine Fremdwörter mehr. Eingeschränkte Ressourcen und fehlendes Personal, das in diesem Bereich entsprechend ausgebildet ist, verzögern aber gerade in kleinen und mittleren Betrieben die konkrete Anwendung. Hier wollen wir Unternehmen in Zukunft unterstützen, betriebsinterne Abläufe effizienter zu gestalten und die Unternehmen fit für Digitalisierung und Nachhaltigkeit zu machen.“

Gemeinsam mit unseren Konsortialpartnern und den Partnern im Mittelstand-Digital Netzwerk werde man zusammen mit den Unternehmen passende Lösungen für nachhaltige, kreislauffähige Prozesse und neue digitale Geschäftsmodelle entwickeln, damit die aktuellen Herausforderungen gemeistert werden können. Dazu gehörten Machbarkeitsstudien zu potenziellen Lösungssystemen ebenso wie Prototypen für konkrete Anwendungsmöglichkeiten neuer Technologien oder Qualifizierungsangebote für Mitarbeiterinnen und Mitarbeiter.

Geplant ist darüber hinaus ein standortübergreifender Demonstrator, der beispielhaft einen transparenten Nachweis entlang der Lieferkette von der Faser bis zum Endkunden ermöglicht sowie ein Quick-Check-Tool, mit dem Mittelständler dabei unterstützt werden sollen, ihre Risiken in der Lieferkette schnell einzuschätzen und einen ersten Überblick über ihren ökologischen Fußabdruck zu gewinnen.

Source:

Gesamtverband der deutschen Textil- und Modeindustrie e. V.

(c) AkzoNobel
01.03.2023

AkzoNobel publishes 2022 annual report

AkzoNobel has published its digital Report 2022, which gives details of the company’s ongoing transformation during a challenging year of persistent worldwide uncertainty.

The Report 2022 website includes coverage of AkzoNobel’s financial results and key business developments, while the company’s progress on its sustainability ambitions is highlighted throughout.

The online report offers a wide range of interactive content and infographics. Visitors can also make use of various tools to compare key data and download tables.

Meanwhile, the Sustainability statements – traditionally one of the most visited sections – has been revamped and is themed around the key areas of climate change, circularity, and health and well-being. Several case studies also feature prominently.

AkzoNobel has published its digital Report 2022, which gives details of the company’s ongoing transformation during a challenging year of persistent worldwide uncertainty.

The Report 2022 website includes coverage of AkzoNobel’s financial results and key business developments, while the company’s progress on its sustainability ambitions is highlighted throughout.

The online report offers a wide range of interactive content and infographics. Visitors can also make use of various tools to compare key data and download tables.

Meanwhile, the Sustainability statements – traditionally one of the most visited sections – has been revamped and is themed around the key areas of climate change, circularity, and health and well-being. Several case studies also feature prominently.

More information:
AkzoNobel Annual Report digital
Source:

AkzoNobel

01.03.2023

Archroma completes acquisition of Huntsman Textile Effects

Archroma announced the closing of the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

When the Huntsman Textile Effects acquisition was first announced in August 2022, Archroma Group Chief Executive Officer (CEO) Heike van de Kerkhof called the transaction a “merger of equals”. Indeed, the global business of Huntsman Textile Effects comprises approximately 2,300 employees in 33 countries and 10 production sites globally which, when combined with Archroma, means the company will have more than 5,000 employees in total, in 42 countries and 35 production sites.

In addition to the closing of the Textile Effects acquisition, Archroma announced that it has updated its overall business into two operating divisions for growth, each focused on a separate end market.

Archroma announced the closing of the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

When the Huntsman Textile Effects acquisition was first announced in August 2022, Archroma Group Chief Executive Officer (CEO) Heike van de Kerkhof called the transaction a “merger of equals”. Indeed, the global business of Huntsman Textile Effects comprises approximately 2,300 employees in 33 countries and 10 production sites globally which, when combined with Archroma, means the company will have more than 5,000 employees in total, in 42 countries and 35 production sites.

In addition to the closing of the Textile Effects acquisition, Archroma announced that it has updated its overall business into two operating divisions for growth, each focused on a separate end market.

The Textile Effects business acquired from Huntsman will be integrated with the Brand & Performance Textile Specialties business of Archroma into one new division named Archroma Textile Effects. The new division will be led by Rohit Aggarwal, former President of Huntsman Textile Effects, who is appointed as Divisional President & CEO of the Archroma Textile Effects division, as well as President Asia.

The Packaging & Paper Specialties and Coatings, Adhesives & Sealants businesses of Archroma have been recently combined into one new division named Archroma Paper, Packaging & Coatings, under the leadership of Sameer Singla, Divisional President & CEO of the Archroma Paper, Packaging & Coatings division, as well as President Americas and Europe, Middle East & Africa.

This new structure will ensure that both divisions obtain the resources and focus needed to continue providing Archroma’s customers and business partners with the superior experience and solutions they have come to expect.

In particular, Archroma is committed to supporting global megatrends and societal shifts such as circular fashion, plastic-to-paper replacement, and water-based paints and coatings, with the innovations and solutions needed to do so.

Source:

Archroma