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1523 results
24.11.2022

EURATEX: A price cap at 275€/MWh would be meaningless

The plan of the European Commission to propose a price cap on wholesale gas price at 275€/MWh would be a bitter disappointment for the European textiles and clothing manufacturers, said EURATEX.

November 22nd, EURATEX stated in a letter to EC President, Ursula von der Leyen, that any price cap above the level of 80€euro/MWh would not help the EU industry – the textile sector in particular – to survive the current crisis. Indeed as early as July 2021, the wholesale gas price in the EU was below 30€/MWh. Now, the EU industry is facing gas and energy prices that have exceeded any coping capacity: from the record-high 320€/MWh last August, the price has reached to 127€/MWh today. Still, it is more than 300% than the business as usual prices.

The plan of the European Commission to propose a price cap on wholesale gas price at 275€/MWh would be a bitter disappointment for the European textiles and clothing manufacturers, said EURATEX.

November 22nd, EURATEX stated in a letter to EC President, Ursula von der Leyen, that any price cap above the level of 80€euro/MWh would not help the EU industry – the textile sector in particular – to survive the current crisis. Indeed as early as July 2021, the wholesale gas price in the EU was below 30€/MWh. Now, the EU industry is facing gas and energy prices that have exceeded any coping capacity: from the record-high 320€/MWh last August, the price has reached to 127€/MWh today. Still, it is more than 300% than the business as usual prices.

The very existence of the European industry is at stake and with it the European sustainability agenda – and Europe’s capacity to implement it. Furthermore, Europe will lose its strategic autonomy, which guarantees essential goods and services are made available on the European Internal Market. If we continue on this path, the EU will soon become totally dependent on foreign imports with no leverage to implement its sustainability agenda, let alone lead the transition to a circular economy on the international stage.

At present, the EU industry is facing a dire international competition with the industry in China, India and the US working at energy prices of around 10$/MWh. In addition, these competitors are benefitting of sky-high subsidies from their own governments: the rollout of the US $369bln industrial subsidy scheme is just the latest example.

EURATEX Director General, Dirk Vantyghem, believes that “while the EU Industry is under immense, unprecedented pressure, a price cap at 275€/MWh would be meaningless: the European industry will be permanently pushed out on the market. The industry is at the heart of the European way of life and the fundament of our social market economy. The EU must save its industry to save Europe. The moment to act is now.”

More information:
price gap energy crisis Euratex
Source:

EURATEX

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(c) Indorama Ventures Public Company Limited
22.11.2022

Indorama Ventures’ Deja™ brand named winner of the Best Sustainable Product Award

Indorama Ventures Public Company Limited (IVL) has been named winner of the Best Sustainable Product Award at the Chemical Week Sustainability Awards 2022. The award was for IVL’s DejaTM Carbon Neutral pellets, a carbon-neutral virgin polyethylene terephthalate (PET) resins, helping to reduce environmental impact.

The Deja™ brand covers carbon neutral virgin and recycled PET resins and a range of recycled PET (rPET) products, including flakes, resins, fibers, and yarns. It provides IVL’s global customers with a range of high-performance applications, including packaging, lifestyle, automotive, apparel, and medical equipment. The solutions help environmentally conscious companies meet their sustainability goals.

IVL has set ambitious 2025 and 2030 targets, which shall be met through its six-pronged decarbonization strategy, including energy transition, improving operational efficiency, circular feedstock, and future technologies. The company also has a goal to recycle 100 billion PET bottles annually by 2030.

Indorama Ventures Public Company Limited (IVL) has been named winner of the Best Sustainable Product Award at the Chemical Week Sustainability Awards 2022. The award was for IVL’s DejaTM Carbon Neutral pellets, a carbon-neutral virgin polyethylene terephthalate (PET) resins, helping to reduce environmental impact.

The Deja™ brand covers carbon neutral virgin and recycled PET resins and a range of recycled PET (rPET) products, including flakes, resins, fibers, and yarns. It provides IVL’s global customers with a range of high-performance applications, including packaging, lifestyle, automotive, apparel, and medical equipment. The solutions help environmentally conscious companies meet their sustainability goals.

IVL has set ambitious 2025 and 2030 targets, which shall be met through its six-pronged decarbonization strategy, including energy transition, improving operational efficiency, circular feedstock, and future technologies. The company also has a goal to recycle 100 billion PET bottles annually by 2030.

Chemical Week Sustainability Awards recognize the industry's best efforts in addressing financial, operational, and strategic challenges by focusing on ESG and sustainable product development. The awards were assessed by S&P Global, the world's leading credit rating agency, and a panel of experts from various companies across the chemical industry's value chain.

More information:
Indorama Ventures Limited Chemical Week Sustainability Awards chemicals Sustainability PET Automotive Medical & Healthcare apparel
Source:

Indorama Ventures Public Company Limited 

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(c) Hohenstein
22.11.2022

Hohenstein India inaugurates new leather & footwear laboratory

How can economic success be linked with product responsibility and more sustainability? More than 300 players and Hohenstein customers in the Indian textile industry accepted Hohenstein India's invitation to attend the Global Sustainability Conference in Gurugram, India, on November 10, 2022, and to obtain possible solutions to this question. The following day, numerous invited guests gathered at the Hohenstein laboratory site in Gurugram for the ceremonial inauguration of a new leather & footwear laboratory, the first of its kind in the global Hohenstein Competence Network. 

How can economic success be linked with product responsibility and more sustainability? More than 300 players and Hohenstein customers in the Indian textile industry accepted Hohenstein India's invitation to attend the Global Sustainability Conference in Gurugram, India, on November 10, 2022, and to obtain possible solutions to this question. The following day, numerous invited guests gathered at the Hohenstein laboratory site in Gurugram for the ceremonial inauguration of a new leather & footwear laboratory, the first of its kind in the global Hohenstein Competence Network. 

With the ceremonial opening by Prof. Dr. Mecheels, Dr. Christof Madinger, COO Hohenstein HTTI and Dr. Helmut Krause, Hohenstein Technical Director Softlines & Shoes, the starting signal was given for the new leather & footwear laboratory at the laboratory site in Gurugram on November 11, 2022. During tours, visitors were able to get a personal impression of the future focus of work on site: testing for harmful substances in accordance with the LEATHER STANDARD RSL and the subsequent certification of leather and footwear products in accordance with the OEKO-TEX® LEATHER STANDARD will in future ensure a lower market risk for brands, retailers and suppliers and comprehensive and reliable safety for consumers.

More information:
Hohenstein Hohenstein India shoes Leather
Source:

Hohenstein

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(c) ECOSENSOR™ by Asahi Kasei
18.11.2022

Asahi Kasei Group celebrates 100 years at ISPO Munich 2022

The Japanese textile brand ECOSENSOR™ by Asahi Kasei Advance continues its eco-high tech path and joins ISPO, the influential fashion and textile fair dedicated to sportwear and athleisure-wear, as part of an Asahi Kasei space within the ISPO Brandnew area, presenting its AW 2024/2025 & SS2024 collections, made of high-tech fabrics implementing new-generation values, with the aim of keeping nature, body and mind in harmony.

2022 is a special time for Asahi Kasei as it celebrates its 100th anniversary. This year at ISPO Munich (28-30th November), Asahi Kasei Group present its innovation world featuring three of its brands: ECOSENSOR™, ROICA™ and RespiGard™.
 
ECOSENSOR™ presents 47 new references that meet the needs of the contemporary consumer, such as durability, wellbeing and performance. 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 collection covers the different market applications with 3 items for INNERWEAR, 1 for OUTERWEAR, 13 for SPORT KNIT and 30 for SPORT WOVENS.

The Japanese textile brand ECOSENSOR™ by Asahi Kasei Advance continues its eco-high tech path and joins ISPO, the influential fashion and textile fair dedicated to sportwear and athleisure-wear, as part of an Asahi Kasei space within the ISPO Brandnew area, presenting its AW 2024/2025 & SS2024 collections, made of high-tech fabrics implementing new-generation values, with the aim of keeping nature, body and mind in harmony.

2022 is a special time for Asahi Kasei as it celebrates its 100th anniversary. This year at ISPO Munich (28-30th November), Asahi Kasei Group present its innovation world featuring three of its brands: ECOSENSOR™, ROICA™ and RespiGard™.
 
ECOSENSOR™ presents 47 new references that meet the needs of the contemporary consumer, such as durability, wellbeing and performance. 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 collection covers the different market applications with 3 items for INNERWEAR, 1 for OUTERWEAR, 13 for SPORT KNIT and 30 for SPORT WOVENS.

New this season is the application of the RespiGard™ by Polypore unique membrane designed for outdoor apparel. Its innovative pore structure is too small for water droplets to penetrate but features high porosity that allows for airflow and moisture evaporation.

In order to show at best the performances and possible applications of the fabrics made with RespiGard™, ECOSENSOR™ will feature at its ISPO space an ad hoc created outfit by the outerwear brand.

Furthermore, the majority of ECOSENSOR™ fabrics are made with sustainable ingredients which are certified by international certifications such as GRS and RCS through a traceable and transparent production process and supply chain.  100% of the stretch articles (representing 35% of the collection) are made with ROICA™ EF by Asahi Kasei, the recycled stretch yarn made from pre-consumer materials. Even the dyeing and finishing phases - key moments for performancewear - have been certified by international labels such as bluesign® or OEKO-TEX® Standard 100.

More information:
Asahi Kasei ECOSENSOR™ ISPO Munich Sportswear ROICA™ RespiGard
Source:

ECOSENSOR™ by Asahi Kasei / C.L.A.S.S..

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(c) POLARYSE
18.11.2022

Grand Largue Composites and Sicomin enable flax-fibre-built Racing Yacht

Fibres, fabrics, epoxy resins and adhesives from Sicomin have been used by Grand Largue Composites (GLC) to construct the first Class40 racing yacht to feature a significant quantity of flax-fibre reinforcements.
The yacht, called Crosscall, won the Class40 World Championships in June 2022 and is a prototype of the new Lift V2 design by Marc Lombard, one of the leading naval architects in this field.

Class40 is one of the most competitive fleets in yacht racing. The hulls of Class40 yachts must be light in weight, strong and stiff, and durable in the most extreme of conditions. Furthermore, to keep costs down, they cannot be reinforced with carbon fibres. The quality and reliability of the resins used for the infusion and lamination of the hulls are therefore of paramount importance.

Fibres, fabrics, epoxy resins and adhesives from Sicomin have been used by Grand Largue Composites (GLC) to construct the first Class40 racing yacht to feature a significant quantity of flax-fibre reinforcements.
The yacht, called Crosscall, won the Class40 World Championships in June 2022 and is a prototype of the new Lift V2 design by Marc Lombard, one of the leading naval architects in this field.

Class40 is one of the most competitive fleets in yacht racing. The hulls of Class40 yachts must be light in weight, strong and stiff, and durable in the most extreme of conditions. Furthermore, to keep costs down, they cannot be reinforced with carbon fibres. The quality and reliability of the resins used for the infusion and lamination of the hulls are therefore of paramount importance.

Crosscall's cockpit was designed to be effectively non-structural, with the mainsheet, which can generate huge shock loads, supported separately. This would allow the cockpit to be made from a hybrid biaxial fabric comprising 50% flax fibres. Other parts of the boat that incorporate flax fibre include the tunnel, the engine cover, the ballast tanks and the cap. The rest of the boat is reinforced with 100% glass-fibre fabrics.

To help it realise this ambitious design, GLC, an infusion specialist, turned to its long-time material supplier, Sicomin. The hull was moulded and infused in one piece and the deck – including the hybrid flax-fibre cockpit – was also infused as a single part. The internal structure was then laminated into the hull by hand before the hull and deck were finally bonded together.

The infusion resin selected was Sicomin’s SR 1710, a high-modulus structural epoxy. Designed specifically for use in infusion and injection processes, it has exceptionally low viscosity and its low-reactivity hardener makes it suitable for the production of large parts. Composites components made from SR 1710 possess high interlaminar shear-strength and the resin retains its mechanical properties in wet environments.

Sicomin’s low-toxicity SR 8200 was used to laminate the internal structures onto the skin of the hull. Ideal for hand laminating, this system includes a choice of hardeners with a wide range of reactivities, which makes it equally suitable for making large or small parts. The hull and deck were joined together with Sicomin’s Isobond SR 7100, which demonstrates high fatigue strength and is very resistant to microcracking.

An epoxy bonding primer – called Undercoat EP 215 HB+ and supplied by Sicomin’s sister company, Map Yachting – was applied to the moulds first to make demoulding easier. It also serves as an undercoat in the polyurethane exterior paint system that is used instead of gelcoat to protect the epoxy hull from UV damage.

Since the launch of Crosscall, GLC has started building a second Lift V2 Class40 and a third one is now planned, both for which Sicomin will supply the materials.

More information:
Sicomin Grand Largue Composites epoxy epoxy resin fibres
Source:

Sicomin / 100% Marketing

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18.11.2022

BOGNER aligns management and corporate structure

  • Successful repositioning: BOGNER achieves its best financial year since 2015 following the completion of the two-year performance program.
  • Continuity in management: Gerrit Schneider takes over as sole CEO. Heinz Hackl, present Co-CEO, leaves the company by mutual agreement. With former CEO Andreas Baumgaertner and Andreas Gall two experienced advisors move closer to the management.
  • Streamlined governance and corporate structure: Arndt Geiwitz hands the company back into the hands of the family after the successful completion of the performance program and takes over the chairmanship of the newly created advisory board. BOGNER operates with GmbH as legal form in the future.

With the financial results in 2021/22, BOGNER has achieved the most successful financial year since 2015. A key contribution to this was provided by the performance program developed with the management consultancy EY Parthenon in July 2020. Since then, it was implemented as planned and successfully promoted profitability and sustainable global growth.

  • Successful repositioning: BOGNER achieves its best financial year since 2015 following the completion of the two-year performance program.
  • Continuity in management: Gerrit Schneider takes over as sole CEO. Heinz Hackl, present Co-CEO, leaves the company by mutual agreement. With former CEO Andreas Baumgaertner and Andreas Gall two experienced advisors move closer to the management.
  • Streamlined governance and corporate structure: Arndt Geiwitz hands the company back into the hands of the family after the successful completion of the performance program and takes over the chairmanship of the newly created advisory board. BOGNER operates with GmbH as legal form in the future.

With the financial results in 2021/22, BOGNER has achieved the most successful financial year since 2015. A key contribution to this was provided by the performance program developed with the management consultancy EY Parthenon in July 2020. Since then, it was implemented as planned and successfully promoted profitability and sustainable global growth. In order to create the ideal framework conditions for further success, BOGNER is now simplifying its management, governance and corporate structures.

Gerrit Schneider takes over as sole CEO
Gerrit Schneider, Co-CEO of BOGNER since April 2020 and responsible for Finance, Legal, IT, Operations and HR, will take over the sole CEO role of BOGNER with immediate effect. Heinz Hackl, present Co-CEO of BOGNER and currently responsible for Sales, Design, Marketing and Licensing, will leave BOGNER by mutual agreement.

The former BOGNER CEO Andreas Baumgaertner (2017-2020) will move closer to the management for all product- and design-specific topics and will intensify his advisory role. He has already advised the company in the background in recent years and will now accompany and help to shape the future direction of the brand even more closely. As for the external media presence, BOGNER secures further know-how and experience with Andreas Gall, the former founding CEO and Chief Innovation Officer (CINO) of Red Bull Media House.

Streamlined structures with end of trusteeship and new active advisory board
In addition to the management, BOGNER is also refining its governance structures: With the successful completion of the performance programm, trustee Arndt Geiwitz has achieved the goal he has set together with management and family to bring BOGNER in a strong position. Now he returns the company back to the family. Arndt Geiwitz will remain closely associated with BOGNER and will accompany the company in its further development as Chairman of the newly created advisory board.

Furthermore, BOGNER changes the legal form of the company to a GmbH (limited liability company) and merges individual group companies as part of this step. This simplifies the corporate structures and reduces complexity. As part of this adjustment, BOGNER is setting up an advisory board with supervisory function. The advisory board, staffed with experienced personalities, will advise the management comprehensively on the strategic direction, function as a sparring partner and serve as a supervisory body. In addition to Arndt Geiwitz as Chairman, Christian Laus, a long-standing advisor of the Bogner family and Managing Director of BOGNER Film GmbH, will become a member of the advisory board. Furthermore, Dr. Daniel Heine, Managing Director of Patrimonium Asset Management AG, will join the advisory board. A private debt fund of Patrimonium Asset Management AG as strategic financing partner and BOGNER have signed financial agreements to replace the loan agreement concluded with various banks as part of the performance program.

More information:
Willy Bogner GmbH Bogner Sportswear CEO financial year 2022
Source:

Willy BOGNER GmbH

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(c) Hologenix, LLC
18.11.2022

Hologenix® celebrates 20-year anniversary

Hologenix®, creators of CELLIANT®, began 20 years ago with the idea of improving the quality of people's lives and health with an emphasis on non-invasive, natural, holistic healing. Co-founder and CEO Seth Casden became fascinated with the effect infrared has on the body and worked with a dedicated team to develop and market CELLIANT® infrared technology and thus materials science innovator Hologenix came to be.

CELLIANT, a proprietary blend of IR-generating bioceramics that are ethically sourced, is a unique combination of nature and performance. CELLIANT captures and converts body heat into infrared energy for increased local circulation and cellular oxygenation, resulting in stronger performance, faster recovery and better sleep. It is a key ingredient in textiles, spanning both performance and fashion apparel, sleep and lounge wear, bedding, upholstery, uniforms and medical supplies.

Hologenix®, creators of CELLIANT®, began 20 years ago with the idea of improving the quality of people's lives and health with an emphasis on non-invasive, natural, holistic healing. Co-founder and CEO Seth Casden became fascinated with the effect infrared has on the body and worked with a dedicated team to develop and market CELLIANT® infrared technology and thus materials science innovator Hologenix came to be.

CELLIANT, a proprietary blend of IR-generating bioceramics that are ethically sourced, is a unique combination of nature and performance. CELLIANT captures and converts body heat into infrared energy for increased local circulation and cellular oxygenation, resulting in stronger performance, faster recovery and better sleep. It is a key ingredient in textiles, spanning both performance and fashion apparel, sleep and lounge wear, bedding, upholstery, uniforms and medical supplies.

The first partnership Hologenix secured was with the Ireland-based fiber company Wellman International Limited, a fully owned subsidiary of Indorama Ventures and a pioneer in recycling technologies. Hologenix still works with them today, a tribute to the company’s ability to form long-term partnerships with like-minded organizations, and their joint project of pure white CELLIANT rPET fiber was shortlisted for a prestigious Drapers Sustainable Fashion Award earlier in the year.

On the brand side, many of the first brands to incorporate CELLIANT were in the sportwear industry, including Adidas, Reebok, Saucony, Eastern Mountain Sports, Sierra Designs sleeping bags and Superfeet insoles.

In 20 years, Hologenix has achieved many scientific milestones, and CELLIANT has been and continues to be rigorously tested by a Science Advisory Board composed of experts in photobiology, nanotechnology, sleep medicine, and diabetes and wound care. The Science Advisory Board has overseen nine peer-reviewed published studies that demonstrate CELLIANT’s effectiveness and the benefits of infrared energy.

Looking ahead, Hologenix is continuing to research applications for CELLIANT in the agriculture industry and wound healing and diabetes. Expansion into the FemTech market with both product applications and scientific research about the benefits of infrared for women’s health issues is also on the horizon.

More information:
Hologenix Celliant Sportswear medical textiles Medical & Healthcare
Source:

Hologenix, LLC / Sarah P. Fletcher Communications

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Foto: Messe Düsseldorf / ctillmann
15.11.2022

Lars Wismer neuer Director der A+A und glasstec

Lars Wismer wird am 1. Dezember 2022 der führende Kopf der A+A, internationale Fachmesse und Kongress für Persönlichen Schutz, Betriebliche Sicherheit und Gesundheit bei der Arbeit, sowie der Leitmesse der Glasbranche glasstec.

Als Director verantwortet er neben den Messen auch das internationale Portfolio Occupational Safety & Health mit den Messen TOS+H, CIOSH und OS+HA sowie das internationale Portfolio Glass Technologies mit den Messen glasspex und glasspro für den indischen Markt.

Wismer ist bei der Messe Düsseldorf ein bekanntes Gesicht. Durch seine 16-jährige Tätigkeit als Senior Project Manager kennt der Veranstaltungsprofi die Messe Düsseldorf sehr gut. Zusätzlich verfügt er über eine umfangreiche Erfahrung im Management und in der Vermarktung von großen, internationalen Veranstaltungen. Zuletzt leitete er bei der D.LIVE GmbH & Co. KG als Executive Director Sports die Bereiche D.SPORTS Events, Sales, PR/Kommunikation und Marketing.

Lars Wismer wird am 1. Dezember 2022 der führende Kopf der A+A, internationale Fachmesse und Kongress für Persönlichen Schutz, Betriebliche Sicherheit und Gesundheit bei der Arbeit, sowie der Leitmesse der Glasbranche glasstec.

Als Director verantwortet er neben den Messen auch das internationale Portfolio Occupational Safety & Health mit den Messen TOS+H, CIOSH und OS+HA sowie das internationale Portfolio Glass Technologies mit den Messen glasspex und glasspro für den indischen Markt.

Wismer ist bei der Messe Düsseldorf ein bekanntes Gesicht. Durch seine 16-jährige Tätigkeit als Senior Project Manager kennt der Veranstaltungsprofi die Messe Düsseldorf sehr gut. Zusätzlich verfügt er über eine umfangreiche Erfahrung im Management und in der Vermarktung von großen, internationalen Veranstaltungen. Zuletzt leitete er bei der D.LIVE GmbH & Co. KG als Executive Director Sports die Bereiche D.SPORTS Events, Sales, PR/Kommunikation und Marketing.

More information:
A+A glasstec persönliche Schutzausrüstung Messe Düsseldorf
Source:

Messe Düsseldorf GmbH

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(c) Hologenix, LLC
15.11.2022

Medline and Hologenix launch new orthopedic infrared products

Medline, a medical product distributor and manufacturer, together with Hologenix® launched a new line of CURAD® Performance Series® orthopedic products powered by CELLIANT® infrared technology.

CELLIANT, the flagship innovation of Hologenix, is a proprietary blend of natural minerals that allows textiles to convert body heat into infrared energy, returning it to the body and temporarily increasing local blood flow and cellular oxygenation. This has been clinically demonstrated to support recovery from physical activity and fatigue, increase endurance and stamina, and boost overall performance in healthy individuals, among other benefits.  

Trusted by athletes, CURAD is the Official Medical Supplier of the IRONMAN® U.S. Series. The new orthopedic products powered by CELLIANT infrared technology are the latest additions to the CURAD Performance Series collection and including different infrared supports designed for the ankle, knee, back, shoulder, as well as multipurpose use.

Medline, a medical product distributor and manufacturer, together with Hologenix® launched a new line of CURAD® Performance Series® orthopedic products powered by CELLIANT® infrared technology.

CELLIANT, the flagship innovation of Hologenix, is a proprietary blend of natural minerals that allows textiles to convert body heat into infrared energy, returning it to the body and temporarily increasing local blood flow and cellular oxygenation. This has been clinically demonstrated to support recovery from physical activity and fatigue, increase endurance and stamina, and boost overall performance in healthy individuals, among other benefits.  

Trusted by athletes, CURAD is the Official Medical Supplier of the IRONMAN® U.S. Series. The new orthopedic products powered by CELLIANT infrared technology are the latest additions to the CURAD Performance Series collection and including different infrared supports designed for the ankle, knee, back, shoulder, as well as multipurpose use.

“This new CURAD Performance Series offering represents a major expansion of CELLIANT infrared (IR) bio-responsive textiles into the sports medicine field,” said Seth Casden, Hologenix Co-Founder and CEO. “We are honored to partner with Medline and look forward to future introductions.”

In addition to the inclusion of CELLIANT infrared technology, Medline has engineered the elastic supports to provide targeted compression for enhanced local circulation that helps reduce swelling, with a contoured fit that won’t slip or shift during normal activities with silicone grips that keep the product in place.

The removable hot/cold therapy supports provide adjustable compression and a gel compress that can be cooled or heated to further reduce swelling and discomfort.

More information:
Hologenix Celliant medical textiles Medical & Healthcare Medline
Source:

Hologenix, LLC /  Sarah Fletcher Communication

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(c) adidas AG
RIMOWA x adidas NMD S1
14.11.2022

adidas Originals and RIMOWA announce collaborative partnership

adidas and RIMOWA have come together to announce their inaugural capsule collection that seeks to offer explorers of the world the perfect tools to navigate and escape the cities of today.

Exclusively made in Germany, the cross-category collection features two contemporary designs: RIMOWA’s first-ever aluminium backpack and the ADIDAS NMD_S1 sneaker.

The RIMOWA x ADIDAS NMD_BACKPACK boasts new technical solutions that makes it suitable for outdoor needs and overnight trips. Made from RIMOWA’s signature grooved aluminium, it features a number of thoughtful functionalities, from padded utility shoulder straps fitted with a carabin and thumb loops to rope weight-bearing straps and grab handle. The piece also features foam ridges inspired by ADIDAS Boost foam overlaying the backpack’s grooved surface to ensure comfort, as well as an elasticated webbing running through its middle to secure the backpack onto the suitcase’s telescopic tubes. To allow for flat packing, a detachable gusset opens the backpack to reveal two deep zipped pockets, as well as a 16-inch laptop pocket inscribed with both brands’ logos.

adidas and RIMOWA have come together to announce their inaugural capsule collection that seeks to offer explorers of the world the perfect tools to navigate and escape the cities of today.

Exclusively made in Germany, the cross-category collection features two contemporary designs: RIMOWA’s first-ever aluminium backpack and the ADIDAS NMD_S1 sneaker.

The RIMOWA x ADIDAS NMD_BACKPACK boasts new technical solutions that makes it suitable for outdoor needs and overnight trips. Made from RIMOWA’s signature grooved aluminium, it features a number of thoughtful functionalities, from padded utility shoulder straps fitted with a carabin and thumb loops to rope weight-bearing straps and grab handle. The piece also features foam ridges inspired by ADIDAS Boost foam overlaying the backpack’s grooved surface to ensure comfort, as well as an elasticated webbing running through its middle to secure the backpack onto the suitcase’s telescopic tubes. To allow for flat packing, a detachable gusset opens the backpack to reveal two deep zipped pockets, as well as a 16-inch laptop pocket inscribed with both brands’ logos.

The RIMOWA x ADIDAS NMD_S1 iteration features the futuristic sneaker’s signature Primeknit uppers in a titanium-inspired colourway, with the flexible ADIDAS Boost midsole in a light, almost translucent base colour.

More information:
adidas rimowa Sportswear
Source:

adidas AG

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(c) Robin Inizan – Lucas Pavy Production
Tearing line by ANDRITZ in operation at the Renaissance Textile plant
11.11.2022

Renaissance Textile starts up the first textile recycling line by ANDRITZ in France

Renaissance Textile in Laval, France has successfully started up a complete textile recycling line, delivered, installed, and commissioned by ANDRITZ Laroche, part of the international technology group ANDRITZ.

The ANDRITZ textile recycling equipment enabled Renaissance Textile to become the first French recycling platform dedicated to industrial end-of-life textiles. The project aims to produce new fibers from the collected post-consumer apparel, which will be used to weave new recycled fabrics in the end.

The new 12,000 m² plant is equipped with a complete tearing line whose design is the result of close collaboration between R&D specialists from ANDRITZ Laroche and Renaissance Textile, as well as customized trials carried out jointly by the two parties at the ANDRITZ technical center in Cours, France.

Renaissance Textile in Laval, France has successfully started up a complete textile recycling line, delivered, installed, and commissioned by ANDRITZ Laroche, part of the international technology group ANDRITZ.

The ANDRITZ textile recycling equipment enabled Renaissance Textile to become the first French recycling platform dedicated to industrial end-of-life textiles. The project aims to produce new fibers from the collected post-consumer apparel, which will be used to weave new recycled fabrics in the end.

The new 12,000 m² plant is equipped with a complete tearing line whose design is the result of close collaboration between R&D specialists from ANDRITZ Laroche and Renaissance Textile, as well as customized trials carried out jointly by the two parties at the ANDRITZ technical center in Cours, France.

The new clothing produced based on this type of circular economy model thus reflects the social and sustainability commitments of Renaissance Textile in terms of decarbonizing the textile industry, the fight against global warming, autonomy in raw material sourcing, and promotion of local staffing, particularly for people who have been unemployed for a long time or are seeking to enter the labor market for the first time. By 2025, for example, Renaissance Textile plans to create no less than 110 direct jobs.

More information:
Renaissance Textile Andritz textile machinery manufacturer Recycling
Source:

ANDRITZ AG

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08.11.2022

MUNICH FABRIC START gibt neue Termine für 2023 bekannt

Die MUNICH FABRIC START Exhibitions GmbH verlegt die Termine für ihre internationalen Fabric Trade Shows. Ab 2023 werden die Sommerausgaben von MUNICH FABRIC START, BLUEZONE, KEYHOUSE und THE SOURCE in der zweiten Julihälfte (18. und 19. Juli 2023) stattfinden. Die VIEW wird im kommenden Sommer erstmalig als reVIEW Konzept am 5. und 6. September 2023 nach der MUNICH FABRIC START veranstaltet. Die Messetermine für Spring.Summer 24 bleiben unverändert: VIEW (29. – 30. November 2022), MUNICH FABRIC START (24. – 26. Januar 2023), BLUEZONE und KEYHOUSE (24. – 25. Januar 2023).

Die jüngste Ausgabe der Messen der Munich Fabric Start Exhibitions GmbH vom 30. August bis 1. September 2022 feierte nicht nur das Comeback von MUNICH FABRIC START und der internationalen Denim Tradeshow BLUEZONE nach den Corona-bedingt angepassten Formaten der vergangenen Saisons, sondern markierte auch das 50. Jubiläum einer der wichtigsten europäischen Stoffmessen und Business-Plattformen für die Fashion- und Denim-Branche. Insgesamt begrüßten 900 Aussteller:innen aus 40 Ländern über 14.000 Besucher:innen und zeigten ca. 1.500 Kollektionen

Die MUNICH FABRIC START Exhibitions GmbH verlegt die Termine für ihre internationalen Fabric Trade Shows. Ab 2023 werden die Sommerausgaben von MUNICH FABRIC START, BLUEZONE, KEYHOUSE und THE SOURCE in der zweiten Julihälfte (18. und 19. Juli 2023) stattfinden. Die VIEW wird im kommenden Sommer erstmalig als reVIEW Konzept am 5. und 6. September 2023 nach der MUNICH FABRIC START veranstaltet. Die Messetermine für Spring.Summer 24 bleiben unverändert: VIEW (29. – 30. November 2022), MUNICH FABRIC START (24. – 26. Januar 2023), BLUEZONE und KEYHOUSE (24. – 25. Januar 2023).

Die jüngste Ausgabe der Messen der Munich Fabric Start Exhibitions GmbH vom 30. August bis 1. September 2022 feierte nicht nur das Comeback von MUNICH FABRIC START und der internationalen Denim Tradeshow BLUEZONE nach den Corona-bedingt angepassten Formaten der vergangenen Saisons, sondern markierte auch das 50. Jubiläum einer der wichtigsten europäischen Stoffmessen und Business-Plattformen für die Fashion- und Denim-Branche. Insgesamt begrüßten 900 Aussteller:innen aus 40 Ländern über 14.000 Besucher:innen und zeigten ca. 1.500 Kollektionen

More information:
munich fabric start BLUEZONE KEYHOUSE The Source
Source:

MUNICHFABRICSTART Exhibitions GmbH

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08.11.2022

Ascend buys majority stake in recycler Circular Polymers

Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET). The deal provides Ascend with a consistent supply of high-quality PCR materials for its ReDefyne™ sustainable polyamides, launched at K 2022.

Circular Polymers, which as part of the deal is renamed Circular Polymers by Ascend, reclaims and processes post-consumer carpet via a unique technology and has redirected approximately 85 million pounds of waste from landfills into new goods since 2018.

“We are focused on helping our customers reach their sustainability goals and Circular Polymers by Ascend provides materials that offer strong performance with a considerably smaller environmental footprint, compared to other technologies like pyrolysis,” said Phil McDivitt, president and CEO of Ascend. “Since we launched ReDefyne, the demand for our circular products has been significant across all segments of our business, including automotive, consumer, electronics and high-performance fibers and textiles.”

Ascend Performance Materials has purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer, high-performance polymers including polyamide 6 and 66, polypropylene and polyester (PET). The deal provides Ascend with a consistent supply of high-quality PCR materials for its ReDefyne™ sustainable polyamides, launched at K 2022.

Circular Polymers, which as part of the deal is renamed Circular Polymers by Ascend, reclaims and processes post-consumer carpet via a unique technology and has redirected approximately 85 million pounds of waste from landfills into new goods since 2018.

“We are focused on helping our customers reach their sustainability goals and Circular Polymers by Ascend provides materials that offer strong performance with a considerably smaller environmental footprint, compared to other technologies like pyrolysis,” said Phil McDivitt, president and CEO of Ascend. “Since we launched ReDefyne, the demand for our circular products has been significant across all segments of our business, including automotive, consumer, electronics and high-performance fibers and textiles.”

Ascend has a sustainability strategy based on three pillars: empowering people, innovating solutions and operating without compromise. Ascend has committed to reducing its greenhouse gas emissions by 80% by 2030 and recently announced two new efforts to reduce the carbon footprint of its products.

More information:
Ascend Ascend Performance Materials Polyamide Sustainability
Source:

Ascend Performance Materials / EMG

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(c) JIAM, Messe Frankfurt Japan Ltd
07.11.2022

JIAM 2022 OSAKA taking place after a six year break

JIAM 2022 OSAKA, organised by the Japan Sewing Machinery Manufacturers Association (JASMA), will soon be held at INTEX OSAKA from 30 November – 3 December 2022. Under the theme of “It all connects at JIAM – the forefront of technology and master craftsmanship”, the 12th edition brings together leading sewing machine suppliers and apparel manufacturers, making it a must-attend event for textile professionals. In this era of change, an international platform to facilitate business and information exchange is essential. The 2022 edition will showcase apparel manufacturing solutions catered to each and every need, combining high-level skillsets and time-tested knowledge with the latest modern-day technology.

JIAM 2022 OSAKA, organised by the Japan Sewing Machinery Manufacturers Association (JASMA), will soon be held at INTEX OSAKA from 30 November – 3 December 2022. Under the theme of “It all connects at JIAM – the forefront of technology and master craftsmanship”, the 12th edition brings together leading sewing machine suppliers and apparel manufacturers, making it a must-attend event for textile professionals. In this era of change, an international platform to facilitate business and information exchange is essential. The 2022 edition will showcase apparel manufacturing solutions catered to each and every need, combining high-level skillsets and time-tested knowledge with the latest modern-day technology.

As of October, 144 exhibitors from 10 countries and regions (China, Greece, Germany, Hong Kong, India, Italy, Singapore, Taiwan and Thailand) have signed up for JIAM 2022 OSAKA to showcase their latest products and services. Of these, 39 companies (21 domestic, 18 overseas) will be joining the fair for the first time. In addition, two pavilions from Germany (VDMA; Mechanical Engineering Industry Association) and Taiwan (TSMA; Taiwan Sewing Machinery Association) will bring even more product diversity to the show floor. The previous edition of JIAM OSAKA in 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.

A wide variety of special seminars
11 special organiser seminars will not only provide relevant industry knowledge, but also offer practical skills for daily work:

  • Manufacturing industry and digital technology
    Mr Atsushi Yasuda, Manager of Ministry of Economy, Trade and Industry Manufacturing Industries Bureau,Industrial Machinery Division
  • Skills training seminar
    1. Twist Jacket (Lapel) pattern and matching sewing (front and shoulder seams)
    2. Shoulder keeper (prevent shoulder collapse) cherish a piece of clothing
    Mr Susumu Inarida, Emeritus Professor of Bunka Fashion Graduate University (BFGU) / Specially Appointed Committee Member of Japan Modelist Associate / Contemporary Master Craftsman Certified by the Ministry of Health, Labor and Welfare
  • "Mottainai!" sustainable initiatives from Osaka!
    Common points between Senshu Towl and OSAKA KABAN and the future
    Mr Eiji Shinoda, President of Shinoda cCorp
    Mr Kenji Fukuroya, Representative Employee of Fukuroya Joint Company etc.
  • About the sustainable fashion community “NewMake”- Upcycling initiatives in collaboration with brands
    Mr Tac Hosokawa, CEO of Story & Co.
  • Win - win strategy on underwear sewing, viewpoint of BISEI SANGYO Co., LTD
    Mr Toru Miyawaki, Managing Executive Officer of BISEI SANGYO Co.,LTD / Chairman of Hikoneseni Cooperative

Home Sewing Machine Zone
Catering to the B2C market, the Home Sewing Machine Zone, will feature major domestic household sewing machine suppliers. To promote the joy of sewing, a special workshop will be organised by Brother Industries Ltd, Janome Corp, JUKI Corp and JASMA covering topics such as the use of upcycled materials. As part of JIAM 2022 OSAKA’s sustainable development goals, visitors will be taught to sew “cup sleeves” using discarded items and materials from the DIY brand WHTATNOT. Attendees will also learn about upcycling, the process of upgrading unwanted items into new products that are useful. Another highlight will be the awards for JASMA’s “42th Home Sewing Competition for Elementary, Middle, and High School Students”.

More information:
JIAM Japan Sewing Machinery Manufacturers Association textile machinery
Source:

JIAM, Messe Frankfurt Japan Ltd / Messe Frankfurt (HK) Limited

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07.11.2022

CIBUTEX begrüßt MEWA als ein neues Mitglied

Die MEWA Textil-Service AG & Co. Management OHG hat sich der Genossenschaft CIBUTEX als Mitglied angeschlossen. MEWA ein Vorreiter in Sachen Nachhaltigkeit in der Textilservice-Branche.

Verantwortung und Umwelt sind zwei der Mewa-Grundwerte, die sie mit der Mitgliedschaft bei CIBUTEX und dem Recycling ihrer B2B-Alttextilien weiter in die Tat umsetzen möchten. „Unser Ziel ist es, Alttextilien im Stoffkreislauf zu halten – ein geeignetes und skalierbares Recyclingverfahren zu identifizieren, was auch mit Blick auf den Energieaufwand sinnvoll ist, ist eine echte Herausforderung“, sagt Nicole Kiefer, Trendscout Future Textile bei Mewa.

„Wir freuen uns sehr, Mewa als ein neues Mitglied unserer Genossenschaft begrüßen zu dürfen“, sagt Ralf Hellmann, CIBUTEX-Ansprechpartner der D-A-CH-Region. „Gemeinsam mit MEWA werden wir uns mit der Erarbeitung zukunftsfähiger Recyclinglösungen für Berufsbekleidung beschäftigen.“

Die MEWA Textil-Service AG & Co. Management OHG hat sich der Genossenschaft CIBUTEX als Mitglied angeschlossen. MEWA ein Vorreiter in Sachen Nachhaltigkeit in der Textilservice-Branche.

Verantwortung und Umwelt sind zwei der Mewa-Grundwerte, die sie mit der Mitgliedschaft bei CIBUTEX und dem Recycling ihrer B2B-Alttextilien weiter in die Tat umsetzen möchten. „Unser Ziel ist es, Alttextilien im Stoffkreislauf zu halten – ein geeignetes und skalierbares Recyclingverfahren zu identifizieren, was auch mit Blick auf den Energieaufwand sinnvoll ist, ist eine echte Herausforderung“, sagt Nicole Kiefer, Trendscout Future Textile bei Mewa.

„Wir freuen uns sehr, Mewa als ein neues Mitglied unserer Genossenschaft begrüßen zu dürfen“, sagt Ralf Hellmann, CIBUTEX-Ansprechpartner der D-A-CH-Region. „Gemeinsam mit MEWA werden wir uns mit der Erarbeitung zukunftsfähiger Recyclinglösungen für Berufsbekleidung beschäftigen.“

More information:
CIBUTEX MEWA Textil Service AG Recycling Alttextilien Nachhaltigkeit
Source:

Dibella GmbH / CIBUTEX

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(c) Global Fashion Agenda
04.11.2022

Highlights of the Global Fashion Summit Singapore Edition

Hosted outside of Copenhagen for the first time in its 13-year history, on 3 November, Global Fashion Summit assembled over 250 stakeholders representing manufacturers, garment workers, retailers, brands, suppliers, NGOs, policy, and innovators in Singapore and online to spur industry action. The Summit was presented by Global Fashion Agenda (GFA), the non-profit organisation that is accelerating the transition to a net positive fashion industry.
 
The latest edition of the Summit was centred around the theme ‘Alliances for a New Era’, building on dialogues from the June edition in Copenhagen and gathering leaders from across the entire value chain to elevate diverse voices and foster alliances within the fashion industry and beyond, to drive sustainable impact.
 

Hosted outside of Copenhagen for the first time in its 13-year history, on 3 November, Global Fashion Summit assembled over 250 stakeholders representing manufacturers, garment workers, retailers, brands, suppliers, NGOs, policy, and innovators in Singapore and online to spur industry action. The Summit was presented by Global Fashion Agenda (GFA), the non-profit organisation that is accelerating the transition to a net positive fashion industry.
 
The latest edition of the Summit was centred around the theme ‘Alliances for a New Era’, building on dialogues from the June edition in Copenhagen and gathering leaders from across the entire value chain to elevate diverse voices and foster alliances within the fashion industry and beyond, to drive sustainable impact.
 
The Summit’s first international edition facilitated more conversations with manufacturer and supply chain voices to discuss crucial challenges and opportunities around working collaboratively with brands on equal terms. The programme featured bold panels, case studies, masterclasses and leadership roundtables reflecting on topics including ‘Data Scarcity: A Crisis of Measurement?’, ‘Disruption for Better Wage Systems’, ’Community and Circularity’, ‘Connecting the EU Textiles Strategy with the Value Chain’ and ‘Our Energy Transformation Moment’.
 
Attendees heard from over 50 speakers including H.E. Sandra Jensen Landi, Ambassador of Denmark to Singapore & Ambassador-Designate of Denmark to Brunei; H.E. Iwona Piórko, Ambassador of the European Union to Singapore; Anne-Laure Descours, Chief Sourcing Officer, PUMA; Baptiste Le Gal, Chief Revenue Officer APAC, Vestiaire Collective; Christian James Smith, Head of Sustainability Stakeholder Engagement, Zalando; Ninh Trinh, Director of Responsible Sourcing & Sustainability, Target; Roger Lee, CEO, TAL Apparel; Wilson Teo, President, Singapore Fashion Council; Edwin Keh, Chief Executive Officer, The Hong Kong Research Institute of Textiles and Apparel, Ashila Dandeniya, Founder, StandUp Lanka; and more.

Key takeaways and highlights from the event include:

  • Global Fashion Agenda announced a new alliance with BBC Storyworks Commercial Productions to launch a film series on BBC.com, which is currently in the early stages of development. The new series will present human-centric stories focusing on both social and environmental sustainability in the fashion industry. It will be released to a wide audience in 2023.
  • Federica Marchionni outlined the crucial need for accurate and robust data to substantiate sustainability claims and credentials but acknowledged that the focus on finding ‘perfect’ data cannot be allowed to stifle progress. Global Fashion Agenda will build upon Summit discussions to reflect on how the industry can accurately measure and communicate sustainability performance and illuminate the data credibility challenges.
  • The session ‘Establishing circular fashion systems in Cambodia & Vietnam’ outlined the first steps taken by the Global Circular Fashion Forum to establish circular fashion systems in Vietnam and Cambodia with regional stakeholders, government, brand and manufacturer representation.
  • Throughout the Summit, the Innovation Forum connected fashion companies with sustainable solution providers. Exhibitors included Better Work , Circular Fashion Partnership, Compreli, Kno Global, Planatones by Noyon Lanka, Redress Design Award and The ID Factory.
  • Through conversations such as ‘Disruption for Better Wage Systems’ and ‘Empowering the Worker Majority’, there was a resounding message for people to consider the real people in the value chain. Ensuring dignified livelihoods for these workers should have the same sense of urgency as emissions reductions. 
More information:
Global Fashion Agenda Global Fashion Summit Sustainability
Source:

Global Fashion Agenda

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04.11.2022

Rieter publishes Investor Update 2022

  • Sales of CHF 366.8 million in the third quarter, CHF 987.4 million after nine months
  • Order intake of CHF 226.4 million in the third quarter, CHF 1 095.8 million after nine months
  • Order backlog of around CHF 2 000 million as of September 30, 2022
  • Precautionary measures taken against potential energy crisis in Europe
  • Financing of a Professorship for Artificial Intelligence
  • Rieter site sales process on schedule
  • Outlook 2022

Rieter recorded a significant increase in sales in the third quarter of 2022, reaching a level of CHF 366.8 million (2021: CHF 257.3 million). The measures introduced to increase sales and profitability in the second half of 2022 are taking effect and will continue to be implemented in a systematic manner. These include a close cooperation with key suppliers, the development of alternative solutions to eliminate material shortages, the enforcement of price increases, and the improvement of the margin quality of the order backlog.

  • Sales of CHF 366.8 million in the third quarter, CHF 987.4 million after nine months
  • Order intake of CHF 226.4 million in the third quarter, CHF 1 095.8 million after nine months
  • Order backlog of around CHF 2 000 million as of September 30, 2022
  • Precautionary measures taken against potential energy crisis in Europe
  • Financing of a Professorship for Artificial Intelligence
  • Rieter site sales process on schedule
  • Outlook 2022

Rieter recorded a significant increase in sales in the third quarter of 2022, reaching a level of CHF 366.8 million (2021: CHF 257.3 million). The measures introduced to increase sales and profitability in the second half of 2022 are taking effect and will continue to be implemented in a systematic manner. These include a close cooperation with key suppliers, the development of alternative solutions to eliminate material shortages, the enforcement of price increases, and the improvement of the margin quality of the order backlog.

The order intake of CHF 226.4 million in the third quarter of 2022 reflects the expected normalization of demand for new equipment compared to the record year of 2021, which was characterized by catch-up effects and the regional shift in demand. In addition, the well-known uncertainties and risks and the continuing extremely long delivery times at key manufacturers had a dampening effect on demand. Due to the slowdown in capacity utilization in the spinning mills, demand for consumables, wear & tear and spare parts also declined in the third quarter of 2022. Major orders continued to be recorded from Turkey, Uzbekistan, and China.

Rieter has a high order backlog of around CHF 2 000 million as of September 30, 2022 (September 30, 2021: CHF 1 562 million), which will guarantee capacity utilization in all three business groups until well into 2023 or rather 2024. The cancellation rate in the reporting period was around 5% of the order backlog.

Outlook 2022
Rieter anticipates weakened demand for new systems in the coming months. The demand for consumables, wear & tear and spare parts will depend on the capacity utilization of spinning mills in the months ahead.

For the full year 2022, Rieter expects sales of around CHF 1 400 million. The realization of sales revenue from the order backlog continues to be associated with risks in relation to the well-known uncertainties.

Despite significantly higher sales compared to the prior-year period, Rieter expects EBIT and net result for 2022 to be below the previous year’s level. This is due to the considerable increases in the cost of materials and logistics, additional costs for compensation of material shortages as well as expenses in connection with the acquisition in the years 2021/2022.

More information:
Rieter financial year 2022
Source:

Rieter Management AG

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article as PDF
04.11.2022

Lectra published financial report for the first nine months of 2022

  • Revenues: 392.1 million euros (+50%)
  • EBITDA before non-recurring items: 74.9 million euros (+73%)
  • Net income: 35.4 million euros (multiplied by 2.1)
  • Free cash flow before non-recurring items: 31.6 million euros

Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the third quarter and first nine months of 2022, which have not been reviewed by the Statutory Auditors.
To facilitate the analysis of the Group’s results, the financial statements are compared to those published in 2021 and to the 2021 pro forma financial statement ("2021 Pro forma"), prepared by integrating the three acquisitions made in 2021 – Gerber Technology (“Gerber”), Neteven, and Gemini CAD Systems (“Gemini”) – as if they had been consolidated from January 1, 2021, whereas they have been consolidated since June 1, July 28 and September 27, 2021 respectively.

See attached document for full report.

  • Revenues: 392.1 million euros (+50%)
  • EBITDA before non-recurring items: 74.9 million euros (+73%)
  • Net income: 35.4 million euros (multiplied by 2.1)
  • Free cash flow before non-recurring items: 31.6 million euros

Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the third quarter and first nine months of 2022, which have not been reviewed by the Statutory Auditors.
To facilitate the analysis of the Group’s results, the financial statements are compared to those published in 2021 and to the 2021 pro forma financial statement ("2021 Pro forma"), prepared by integrating the three acquisitions made in 2021 – Gerber Technology (“Gerber”), Neteven, and Gemini CAD Systems (“Gemini”) – as if they had been consolidated from January 1, 2021, whereas they have been consolidated since June 1, July 28 and September 27, 2021 respectively.

See attached document for full report.

More information:
Lectra financial year 2022 Automotive
Source:

Lectra

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(c) BVMed
03.11.2022

BVMed veröffentlicht Handreichungen zum Lieferketten-Sorgfaltspflichtengesetz

Der Bundesverband Medizintechnologie (BVMed) unterstützt die Medizintechnik-Branche bei der praktischen Umsetzung der neuen Pflichten aus dem Lieferketten-Sorgfaltspflichtengesetz (LkSG) mit einer kostenlosen Handreichung. Sie besteht aus insgesamt sechs Modulen, von denen die ersten drei Module bereits heruntergeladen werden können.

„Unser Ziel ist es, mit den Publikationen zu einem einheitlichen Branchenstandard für die Implementierung des LkSG in Medizinprodukte-Unternehmen beitragen. Damit erreichen wir Harmonisierung, Rechtssicherheit und Effizienz – und nicht zuletzt einen noch bewussteren Schutz der Menschenrechte und der Umwelt“, kommentiert BVMed-Geschäftsführer und Vorstandsmitglied Dr. Marc-Pierre Möll.

Die Module wurden vom BVMed gemeinsam mit der Kanzlei Clifford Chance und der Produktkanzlei entwickelt. Zusätzlich bietet der BVMed entsprechende LkSG-Schulungen an: Am 22. November 2022 exklusiv für seine Mitglieder sowie am 9. Dezember 2022 auch für Nicht-Mitglieder über die BVMed-Akademie.

Die kostenlose BVMed-Handreichung für Medizintechnik-Unternehmen besteht aus den folgenden sechs Modulen:

Der Bundesverband Medizintechnologie (BVMed) unterstützt die Medizintechnik-Branche bei der praktischen Umsetzung der neuen Pflichten aus dem Lieferketten-Sorgfaltspflichtengesetz (LkSG) mit einer kostenlosen Handreichung. Sie besteht aus insgesamt sechs Modulen, von denen die ersten drei Module bereits heruntergeladen werden können.

„Unser Ziel ist es, mit den Publikationen zu einem einheitlichen Branchenstandard für die Implementierung des LkSG in Medizinprodukte-Unternehmen beitragen. Damit erreichen wir Harmonisierung, Rechtssicherheit und Effizienz – und nicht zuletzt einen noch bewussteren Schutz der Menschenrechte und der Umwelt“, kommentiert BVMed-Geschäftsführer und Vorstandsmitglied Dr. Marc-Pierre Möll.

Die Module wurden vom BVMed gemeinsam mit der Kanzlei Clifford Chance und der Produktkanzlei entwickelt. Zusätzlich bietet der BVMed entsprechende LkSG-Schulungen an: Am 22. November 2022 exklusiv für seine Mitglieder sowie am 9. Dezember 2022 auch für Nicht-Mitglieder über die BVMed-Akademie.

Die kostenlose BVMed-Handreichung für Medizintechnik-Unternehmen besteht aus den folgenden sechs Modulen:

  • Modul 0: Anwendungsbereich
  • Modul 1: (Compliance-)Dokumentation
  • Modul 2: Ausgestaltung der Governance
  • Modul 3: Ausgestaltung des Beschwerdemechanismus
  • Modul 4: Risikoanalyse, -priorisierung, -prävention und -abhilfe
  • Modul 5: Jährliche Berichterstattung
More information:
BVMed Lieferkettengesetz Lieferkette Medizintechnik Medizin und Gesundheitsindustrie
Source:

BVMed | Bundesverband Medizintechnologie e.V.

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03.11.2022

SGL Carbon: Positive business development in all business units

  • Positive business development in all four business units
  • Sales increases by 14.8% to €853.9 million
  • Adjusted EBITDA improves by 25.4% to €136.1 million
  • Successful refinancing of the 2018 convertible bonds

After €270.9 million in Q1 2022 and €278.9 million in Q2, SGL Carbon increased its consolidated sales to €304.1 million in Q3 2022. After nine months, this corresponds to a significant sales growth of 14.8% to a total of €853.9 million (9M 2021: €743.5 million). The positive business development is also reflected in the company's adjusted EBITDA, which improved by 25.4% year-on-year to €136.1 million (9M 2021: €108.5 million). All four business units contributed to the operating success.

Outlook
Due to the positive business development, the management increased the forecast for the full year on 6 September 2022. For the financial year 2022, Group sales of approx. €1.2 billion (previously: approx. €1.1 billion) and adjusted EBITDA of €170 to 190 million (previously: €130 to 150 million) are expected.

  • Positive business development in all four business units
  • Sales increases by 14.8% to €853.9 million
  • Adjusted EBITDA improves by 25.4% to €136.1 million
  • Successful refinancing of the 2018 convertible bonds

After €270.9 million in Q1 2022 and €278.9 million in Q2, SGL Carbon increased its consolidated sales to €304.1 million in Q3 2022. After nine months, this corresponds to a significant sales growth of 14.8% to a total of €853.9 million (9M 2021: €743.5 million). The positive business development is also reflected in the company's adjusted EBITDA, which improved by 25.4% year-on-year to €136.1 million (9M 2021: €108.5 million). All four business units contributed to the operating success.

Outlook
Due to the positive business development, the management increased the forecast for the full year on 6 September 2022. For the financial year 2022, Group sales of approx. €1.2 billion (previously: approx. €1.1 billion) and adjusted EBITDA of €170 to 190 million (previously: €130 to 150 million) are expected.

Consequently, an adjusted EBIT of €110 to 130 million (previously: €70 to 90 million) is forecasted. The expectations for return on capital employed (ROCE) of originally 7% to 9% are raised to 10% to 12% in line with the development of earnings. The estimate for free cash flow (significantly below the previous year's level of €111.5 million) remains unchanged.

More information:
SGL Carbon financial year 2022 Automotive aerospace
Source:

SGL CARBON SE

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