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Photo: EREMA
21.10.2022

EREMA: Circular economy for PET fibres

The textile industry is the third largest consumer of plastics. While growth rates in the production of fibres and textiles are high, the circular economy has hardly become established in this segment. The EREMA Group is now intensifying development of recycling solutions for this application with their new fibres and textiles business unit. Currently, the focus is on PET fibre materials from fibre production and subsequent processing steps. Technologies for recycling mixed fibre textiles from textile collection sources are to follow in a follow-up project phase.

The textile industry is the third largest consumer of plastics. While growth rates in the production of fibres and textiles are high, the circular economy has hardly become established in this segment. The EREMA Group is now intensifying development of recycling solutions for this application with their new fibres and textiles business unit. Currently, the focus is on PET fibre materials from fibre production and subsequent processing steps. Technologies for recycling mixed fibre textiles from textile collection sources are to follow in a follow-up project phase.

"With EREMA's VACUREMA® and INTAREMA® technology and PURE LOOP's ISEC evo technology, our company group already has an extensive range of machines for fibre and PET recycling applications. For ecologically and economically sound recycling, however, new technological solutions are needed to use the recycled fibres in higher-value end applications and to achieve a functioning circular economy," explains Wolfgang Hermann, Business Development Manager Application Fibres & Textiles, EREMA Group GmbH. The initial focus will be on PET, regarded as a key material for the production of synthetic fibres. The aim is to find recycling solutions that allow PET fibre materials to be prepared for reuse in PET fibre production processes. This is a significant step for the circular economy because PET fibres in textiles account for about two-thirds of the total volume of PET.

In this development work, the EREMA Group can build on existing know-how. Proven recycling technologies have been combined with a new IV optimiser. "This extends the residence time of the PET melt, which is particularly necessary in fibre recycling to efficiently remove spinning oils. Our recycling process also increases the IV value of the PET melt after extrusion back to the specific level that is essential for production of the fibre," explains Hermann. Waste PET fibre from production processes can therefore be further processed into rPET filament fibre, carpet yarn and staple fibre.

Fibre test centre with plant to test customers' materials
In order to accelerate development work, EREMA opened its own fibre test centre a few months ago, where a cross-company team is working on recycling solutions for fibre-to-fibre applications.

Source:

EREMA Gruppe

20.10.2022

CWS übernimmt BERNET

Die CWS-boco Suisse SA, ein Unternehmen der CWS Group, übernimmt die BERNET Holding AG und baut sein internationales Portfolio weiter aus.
 
Die Akquisition ist Teil von CWS‘ nachhaltiger Wachstumsstrategie und führt zu einer signifikanten Steigerung des Marktanteils in der Schweiz.
 
BERNET ist ein bewährter Anbieter in den Bereichen Berufskleidung, Gesundheitswesen und Hygiene im Schweizer Markt. Die Akquisition ermöglicht es CWS, das Angebot an nachhaltigen Servicelösungen in diesen Bereichen weiter auszubauen.
 
BERNET unterhält in St. Gallen, Bronschhofen und Lyssach Produktions- sowie Lagerstandorte. Insbesondere Bronschhofen, mit seiner modernen Wäscherei auf dem neuesten Stand der Technik, bietet CWS in der Ostschweiz ein hohes Potenzial für weiteres Wachstum und sichert den flächendeckenden Service in der gesamten Schweiz.
 
Beginnend zum 1. Januar 2023 wird CWS BERNET über einen Zeitraum von 12 Monaten integrieren. Der bisherige Inhaber von BERNET, Alexander Wild, wird den Integrationsprozess begleiten.

Die CWS-boco Suisse SA, ein Unternehmen der CWS Group, übernimmt die BERNET Holding AG und baut sein internationales Portfolio weiter aus.
 
Die Akquisition ist Teil von CWS‘ nachhaltiger Wachstumsstrategie und führt zu einer signifikanten Steigerung des Marktanteils in der Schweiz.
 
BERNET ist ein bewährter Anbieter in den Bereichen Berufskleidung, Gesundheitswesen und Hygiene im Schweizer Markt. Die Akquisition ermöglicht es CWS, das Angebot an nachhaltigen Servicelösungen in diesen Bereichen weiter auszubauen.
 
BERNET unterhält in St. Gallen, Bronschhofen und Lyssach Produktions- sowie Lagerstandorte. Insbesondere Bronschhofen, mit seiner modernen Wäscherei auf dem neuesten Stand der Technik, bietet CWS in der Ostschweiz ein hohes Potenzial für weiteres Wachstum und sichert den flächendeckenden Service in der gesamten Schweiz.
 
Beginnend zum 1. Januar 2023 wird CWS BERNET über einen Zeitraum von 12 Monaten integrieren. Der bisherige Inhaber von BERNET, Alexander Wild, wird den Integrationsprozess begleiten.

Source:

CWS International GmbH

20.10.2022

Existenzielle Bedrohung durch Energiekrise: Textiler vor Standortfrage

Die wirtschaftliche Situation für die baden-württembergische Textil- und Bekleidungsindustrie spitzt sich zu. Ohne die schnelle Umsetzung angekündigter Maßnahmen können viele Unternehmen trotz großer Motivation ihren Standort nicht halten.

Deutschlandweit sehen sich ein Drittel der Unternehmen der Textil- und Bekleidungsindustrie durch die Energiepreise existenziell bedroht, in Baden-Württemberg sind es mehr als die Hälfte der Unternehmen. Das Stimmungsbild der gemeinsamen Umfrage des Wirtschafts- und Arbeitgeberverbands Südwesttextil mit dem Gesamtverband textil+mode ist dramatisch. Die sich aktuell abzeichnende leichte Erholung des Gaspreises auf hohem Niveau ist keine Erleichterung.
 
Die Relevanz der Standortfrage wird durch die Ergebnisse der Umfrage unterstrichen. Deutschlandweit befassen sich laut der Umfrage ca. 43 Prozent der Unternehmen mit dem Gedanken die Produktion ins Ausland zu verlagern. 14 Prozent haben diesen Prozess bereits gestartet. Im Südwesten liegen die Ergebnisse deutlich niedriger: bei nur 3,1 Prozent. Auch die Stellungnahmen der Unternehmen im Rahmen der Umfrage zeigen deutlich, was der Verband schon lange beobachtet.

Die wirtschaftliche Situation für die baden-württembergische Textil- und Bekleidungsindustrie spitzt sich zu. Ohne die schnelle Umsetzung angekündigter Maßnahmen können viele Unternehmen trotz großer Motivation ihren Standort nicht halten.

Deutschlandweit sehen sich ein Drittel der Unternehmen der Textil- und Bekleidungsindustrie durch die Energiepreise existenziell bedroht, in Baden-Württemberg sind es mehr als die Hälfte der Unternehmen. Das Stimmungsbild der gemeinsamen Umfrage des Wirtschafts- und Arbeitgeberverbands Südwesttextil mit dem Gesamtverband textil+mode ist dramatisch. Die sich aktuell abzeichnende leichte Erholung des Gaspreises auf hohem Niveau ist keine Erleichterung.
 
Die Relevanz der Standortfrage wird durch die Ergebnisse der Umfrage unterstrichen. Deutschlandweit befassen sich laut der Umfrage ca. 43 Prozent der Unternehmen mit dem Gedanken die Produktion ins Ausland zu verlagern. 14 Prozent haben diesen Prozess bereits gestartet. Im Südwesten liegen die Ergebnisse deutlich niedriger: bei nur 3,1 Prozent. Auch die Stellungnahmen der Unternehmen im Rahmen der Umfrage zeigen deutlich, was der Verband schon lange beobachtet.

Edina Brenner, Hauptgeschäftsführerin des Wirtschafts- und Arbeitgeberverbands Südwesttextil, begrüßt daher die Vorschläge der „Kommission Erdgas und Wärme“: „Die Gaspreisbremse für die Industrie von 7 Cent/kWh für 70 Prozent der Verbrauchsmenge des Jahres 2021 ist ein Schritt in die richtige Richtung und muss nun schnell in vollem Umfang erfolgen. Nicht zu vernachlässigen ist allerdings, dass zu diesem Preis noch Netzentgelte, Steuern und Abgaben dazukommen, sodass das Gaspreisniveau in dieser Höhe international nicht wettbewerbsfähig ist. Dies trifft auch nach wie vor auf den Strompreis zu! Die Abschaffung des Merit-Order-Effekts ist ein weiterer wichtiger Schritt, der sofort angegangen werden muss, damit die Kosten für Unternehmen nicht standortgefährdend bleiben.“

Viele der Mitgliedsunternehmen, so Edina Brenner, entschieden sich seit Jahren bewusst für den Erhalt der regionalen Produktion und möchten auch in Zukunft daran festhalten. Sie hätten in Einsparungen und erneuerbare Energien investiert, setzten auf Nachhaltigkeit, übernehmen Verantwortung für die Arbeitsplätze in der Region und reduzieren die Abhängigkeit von internationalen Lieferketten. Die Maßnahmen müssten jetzt schnell, unbürokratisch und weitgehend für den Mittelstand kommen. Das zögerliche politische Handeln dürfe diese Gemeinschaft nicht aufs Spiel setzen.

Source:

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

(c) Carbios
20.10.2022

Carbios publishes results of consumer research study about plastic circularity

  • Carbios’ biorecycling and biodegradation technologies internationally recognized by consumers as promising answers to their top environmental concerns
  • Carbios’ innovations considered one of the best for solving recycling effectively and achieving a real plastic circularity
  • Consumer research including qualitative and quantitative fields was conducted between March and August 2022. The research institute, Strategic Research, conducted 6000 interviews in Europe and USA

Carbios’ biorecycling and biodegradation technologies acclaimed by consumers
During the first research field study, respondents were exposed to Carbios’ biorecycling process; a new enzyme-based biotechnology that enables biological recycling of all types of PET plastic waste (including bottles, packaging and textiles), and pushes the boundaries of recycling in terms of the number of cycles.

  • Carbios’ biorecycling and biodegradation technologies internationally recognized by consumers as promising answers to their top environmental concerns
  • Carbios’ innovations considered one of the best for solving recycling effectively and achieving a real plastic circularity
  • Consumer research including qualitative and quantitative fields was conducted between March and August 2022. The research institute, Strategic Research, conducted 6000 interviews in Europe and USA

Carbios’ biorecycling and biodegradation technologies acclaimed by consumers
During the first research field study, respondents were exposed to Carbios’ biorecycling process; a new enzyme-based biotechnology that enables biological recycling of all types of PET plastic waste (including bottles, packaging and textiles), and pushes the boundaries of recycling in terms of the number of cycles.

The research results demonstrated that European and US respondents find Carbios’ biorecycling technology more unique and innovative than traditional PET recycling (i.e. thermo-mechanical recycling), as well as more relevant in its ability to address their concerns and challenges regarding recycling.

In the second research study, conducted in the US, respondents were also exposed to Carbios’ biodegradation technology: an innovative enzymatic solution by which an enzyme is incorporated into plastics during the production process of bio-sourced PLA plastics (corn, sugar cane). This approach makes the material made from plants 100% compostable at ambient temperatures and degradable like plants with the built-in enzyme biologically breaking the bioplastic down in less than eight weeks without microplastics or toxic residues; creating a fully organic circularity.

Similarly to Carbios’ biorecycling technology, Carbios’ PLA biodegradation innovation caught US respondents’ attention with 64% overall liking it. Additionally, 93% of the respondents sampled described the concept as innovative, unique, easy to understand (49%), and believable (43%). Up to 82% of the most environmentally engaged respondents declared they would definitely buy more products made with Carbios’ fully circular biodegradable bioplastic.

Consumers: No other choice but to make plastic fully circular
The research says 99% of the respondents consider it important to protect the environment, while plastic pollution is now ranked the third most-concerning environmental issues after climate change and ocean pollution.

This awareness brings most of these consumers to be environmentally active when it comes to purchasing goods and sorting. For the US respondents, eco-friendly packaging comes in the fourth place in terms of purchase drivers for packaged goods and 65% of them declare sorting plastic from general waste on a regular basis, which makes plastic the most sorted type of waste.

Nevertheless, for a vast majority of the respondents across geographies, even if they would like to reduce their plastic consumption most of the time there is no suitable alternative that is as convenient, light, and cost-efficient as plastics. Hence in an ideal world, consumers would like all plastic waste in landfills and oceans to be collected, cleaned, reused and recycled.

More information:
Carbios study circularity plastics
Source:

Carbios

20.10.2022

Akzo Nobel N.V. publishes results for Q3 2022

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

  • Pricing up 13%, offsetting the increase of raw material and other variable costs. Volumes 5% lower, mainly due to destocking in the distribution channels in Decorative Paints in Europe and in Performance Coatings, as well as lower market demand in China
  • Operating income at €168 million (2021: €226 million), includes €16 million negative impact from Identified items (2021: €15 million net negative impact) and €17 million negative from the retrospective hyperinflation impact of the first half-year of 2022. OPI margin 5.9% (2021: 9.4%)
  • Adjusted operating income3 at €184 million (2021: €241 million); excluding the retrospective impact of hyperinflation accounting at €201 million
  • Net cash from operating activities decreased to an inflow of €126 million (2021: inflow of €290 million)
  • Net income attributable to shareholders at €84 million (2021: €164 million)
  • EPS from total operations at €0.48 (2021: €0.89); adjusted EPS from continuing operations at €0.57 (2021: €0.93)
  • Interim dividend of €0.44 per share (2021: €0.44 per share)

AkzoNobel CEO, Thierry Vanlancker, commented: “Our €201 million adjusted operating income excluding the retrospective impact of hyperinflation accounting bring our Q3 results in line with the market update issued at the end of September. Sharply increased macro-economic uncertainties negatively impacted consumer confidence. This resulted in destocking across several distribution channels in decorative paints Europe and performance coatings, while the market in China was impacted by the ongoing zero COVID-19 policy. Thanks to the strong commitment of our teams, we continue to offset the impact of raw material and freight cost inflation with pricing. We’ve now delivered cumulative pricing of 22% over the last two years. The macro-economic turbulence is expected to continue well into next year. We’ve therefore decided to suspend our targets for 2023 and will provide further guidance when announcing our full-year 2022 results. In the meantime, we will continue to focus on our margin management and cost reduction initiatives.”

Source:

AkzoNobel

(c) CHT Germany GmbH
19.10.2022

CHT Group launches new brand for jeans and garment treatment

The ecological and social conditions in the production of textiles are coming to the fore and into the consciousness of industry and end customers. With the new LAB102 brand, the "Jeans & Garment" team of the CHT Group to offer its global denim customers sustainable chemical solutions and technologies in the future.

Where does the name "LAB102 - Blue veins of CHT" come from?
LAB was chosen not only because the English word for laboratory fits perfectly with a chemical company, but also because it stands for innovation, development, and discovery. The digits 102 in the name refer to the house number of CHT's corporate headquarters in Tübingen.
The slogan "Blue veins of CHT" maintains the connection to the name CHT which is well-known in the industry. Moreover, the denim or jeans industry is traditionally and historically indigo - thus blue.

The ecological and social conditions in the production of textiles are coming to the fore and into the consciousness of industry and end customers. With the new LAB102 brand, the "Jeans & Garment" team of the CHT Group to offer its global denim customers sustainable chemical solutions and technologies in the future.

Where does the name "LAB102 - Blue veins of CHT" come from?
LAB was chosen not only because the English word for laboratory fits perfectly with a chemical company, but also because it stands for innovation, development, and discovery. The digits 102 in the name refer to the house number of CHT's corporate headquarters in Tübingen.
The slogan "Blue veins of CHT" maintains the connection to the name CHT which is well-known in the industry. Moreover, the denim or jeans industry is traditionally and historically indigo - thus blue.

Focus on sustainability
LAB102 focuses not only on chemistry, but also on technology. Fogging, laser, and ozone technologies are innovations that currently enable new approaches in jeans and garment treatment and are at a high ecological level. Their use can lead to savings in water and energy. The use of chemicals can also be reduced if processes are optimized and adapted to the new requirements. To this end, the CHT Group's "Jeans & Garment" team works with the leading machine manufacturers on new developments.

Source:

CHT Germany GmbH

19.10.2022

U.S. Cotton Trust Protocol begrüßt Ralph Lauren als neues Mitglied

Das U.S. Cotton Trust Protocol freut sich, die Ralph Lauren Corporation als neues Mitglied begrüßen zu dürfen und sie in ihren Bemühungen sowie Nachhaltigkeitspraktiken zu unterstützen.

Basierend auf dem Konzept zeitloser Mode hat Ralph Lauren in seiner Global Citizenship and Sustainability strategy, Timeless by Design, das Engagement des Unternehmens für dauerhafte positive Auswirkungen auf den Planeten und seine verschiedenen Interessensgruppen in drei Säulen dargelegt: einen bewussten Kreationsprozess, Umweltschutz sowie die Förderung besserer Lebensbedingungen. In Orientierung an Timeless by Design arbeitet Ralph Lauren daran, die Bodengesundheit zu erhöhen – durch Programme, die regenerative Praktiken sowie eine genaue Messung der jeweiligen Auswirkungen fördern.

Das U.S. Cotton Trust Protocol freut sich, die Ralph Lauren Corporation als neues Mitglied begrüßen zu dürfen und sie in ihren Bemühungen sowie Nachhaltigkeitspraktiken zu unterstützen.

Basierend auf dem Konzept zeitloser Mode hat Ralph Lauren in seiner Global Citizenship and Sustainability strategy, Timeless by Design, das Engagement des Unternehmens für dauerhafte positive Auswirkungen auf den Planeten und seine verschiedenen Interessensgruppen in drei Säulen dargelegt: einen bewussten Kreationsprozess, Umweltschutz sowie die Förderung besserer Lebensbedingungen. In Orientierung an Timeless by Design arbeitet Ralph Lauren daran, die Bodengesundheit zu erhöhen – durch Programme, die regenerative Praktiken sowie eine genaue Messung der jeweiligen Auswirkungen fördern.

„Baumwolle macht mehr als drei Viertel unseres gesamten Materialverbrauchs aus, und wir haben uns verpflichtet, bis 2025 sicherzustellen, dass diese zentrale Faser in unserem Portfolio vollständig aus nachhaltigen Quellen stammt. Dieses ehrgeizige Ziel erfordert die Zusammenarbeit und Partnerschaft mit Organisationen wie dem Trust Protocol, mit dem wir daran arbeiten, nachhaltige Baumwolle weiter voranzutreiben – in unserem Unternehmen sowie in der gesamten Branche“, sagt Katie Ioanilli, Chief Global Impact & Communications Officer bei Ralph Lauren.

Das Trust Protocol setzt sich als Nachhaltigkeitsinitiative für eine kontinuierliche Verbesserung in sechs Nachhaltigkeitsbereichen ein: Landnutzung, Bodenkohlenstoff, Wassermanagement, Bodenverlust, Treibhausgasemissionen und Energieeffizienz. Das Trust Protocol integriert diese Nachhaltigkeitskriterien aus der Fieldprint®-Plattform von Field to Market und ermöglicht registrierten Landwirten, die Umweltauswirkungen ihres Betriebs zu messen und Möglichkeiten für kontinuierliche Verbesserungen zu erkennen. Gleichzeitig bekommen Marken und Einzelhändler die Möglichkeit, über aggregierte, von Control Union Certifications geprüfte Daten zum Thema Nachhaltigkeit zu berichten.

Source:

U.S. Cotton Trust Protocol / Hill+Knowlton Strategies GmbH 

19.10.2022

Kornit Digital issues Second-Annual Impact Report

Kornit Digital Ltd. unveiled its Impact Report for 2021 highlighting progress made against goals and further expanding its commitment to a long-term strategy designed to transform the world of fashion and textiles into one that is more sustainable. The comprehensive analysis details Kornit’s performance related to climate action, waste management, green chemistry, and diversity in the workplace, as well as other areas of the Company’s Environmental, Social, and corporate Governance (ESG) framework.

Key Accomplishments Against Baseline (2021)  
Kornit’s ongoing dedication to improving ESG practices within its own operations has resulted in Company-wide achievements in the areas of:

Climate Action and Waste Management*

  • ~16% reduction in GHG emissions intensity from x 9.11-e to 7.68 MTCO2-e
  • 39% reduction in hazardous waste intensity from 1.7 tons to 1.04 tons
  • 57% reduction in non-hazardous waste intensity from 33 tons to 14 tons

Green Chemistry

Kornit Digital Ltd. unveiled its Impact Report for 2021 highlighting progress made against goals and further expanding its commitment to a long-term strategy designed to transform the world of fashion and textiles into one that is more sustainable. The comprehensive analysis details Kornit’s performance related to climate action, waste management, green chemistry, and diversity in the workplace, as well as other areas of the Company’s Environmental, Social, and corporate Governance (ESG) framework.

Key Accomplishments Against Baseline (2021)  
Kornit’s ongoing dedication to improving ESG practices within its own operations has resulted in Company-wide achievements in the areas of:

Climate Action and Waste Management*

  • ~16% reduction in GHG emissions intensity from x 9.11-e to 7.68 MTCO2-e
  • 39% reduction in hazardous waste intensity from 1.7 tons to 1.04 tons
  • 57% reduction in non-hazardous waste intensity from 33 tons to 14 tons

Green Chemistry

  • Complete elimination of Acute Toxic Amines (CLP category 1, 2, 3) CMR
  • 20% reduction of VOC level in Robusto Inkset and 30% of VOC in Eco Ink/Green

DEI and Community Engagement

  • An increase in women in management, from 30% to 35%
  • Reporting 88% of employees feeling respected and free to be authentic at work - *Intensity measures are per $1 million of revenue.

Kornit Digital’s Impact Strategy
Propelled by an ambition to make a positive impact across all areas of its business and throughout the fashion and textile industries, Kornit further adjusted its Impact Strategy this year towards more expansive, longer-term goals and objectives. Kornit’s refined strategy reflects the Company's dual role as a change agent in the industry—both as a leader empowering the fashion industry to be more sustainable, and as an accountable participant responsible for embracing social and environmental change to make the world a better place.  
The holistic strategy accounts for both roles, across two fundamental pillars—"Enable the Change” and “Be the Change”—and incorporates both social and environmental KPIs designed to meet the Company’s goals and respond to stakeholders’ input, as well as industry and ecosystem needs

Kornit is officially unveiling the report during a press event at PRINTING United Expo 2022.

*Intensity measures are per $1 million of revenue.

Source:

Kornit Digital

17.10.2022

Kelheim Fibres partners with TextileGenesisTM for more transparency

Viscose speciality fibres manufacturer Kelheim Fibres partners with TextileGenesisTM, a traceability platform that creates radical transparency from fibre-to-retail and ensures authenticity d provenance of sustainable textiles against generics.

“Our wood-based fibres are an environmentally friendly basis for sustainable textiles - it's just that consumers often don't know what's behind their garments. But they need to know it’s in their hands to minimise the ecological footprint of the textile industry. Transparency and traceability are the foundation that enables consumers to make informed decisions.”, says Dr. Marina Crnoja-Cosic, Director New Business Development at Kelheim Fibres.

TextileGenesisTM uses blockchain technology to track and verify the use of sustainable fibres all the way from fibre to garment. A digital fibercoin ensures transparency and reliability throughout the entire production line and beyond.

Viscose speciality fibres manufacturer Kelheim Fibres partners with TextileGenesisTM, a traceability platform that creates radical transparency from fibre-to-retail and ensures authenticity d provenance of sustainable textiles against generics.

“Our wood-based fibres are an environmentally friendly basis for sustainable textiles - it's just that consumers often don't know what's behind their garments. But they need to know it’s in their hands to minimise the ecological footprint of the textile industry. Transparency and traceability are the foundation that enables consumers to make informed decisions.”, says Dr. Marina Crnoja-Cosic, Director New Business Development at Kelheim Fibres.

TextileGenesisTM uses blockchain technology to track and verify the use of sustainable fibres all the way from fibre to garment. A digital fibercoin ensures transparency and reliability throughout the entire production line and beyond.

Amit Gautam, Founder & CEO at TexileGenesisTM:"Fashion and textile value chain is undergoing major transformation driven by sustainable materials, shifting consumer demand for sustainable products, and increasingly stringent regulations on transparency. Great to see Kelheim moving the industry forward by actively participating in the traceability journey."

Source:

Kelheim Fibres GmbH

(c) Tonello
17.10.2022

Tonello presents Laundry (R)Evolution at Kingpins

Tonello will be unveiling the release of their new, more efficient and more responsible Laundry (R)Evolution, including three tools, at Kingpins Show in Amsterdam, from October 19-20.

Configurator
The new Configurator allows clients to choose the technologies, software, and accessories for their next laundry, combining diverse solutions and thus obtaining a real projection of energy and resource consumption, as well as savings and sustainability benefits.

B.O.P. (Be On Point)
The seamless integration with THE Laser, B.O.P. is based on the most recent developments in Computer Vision It makes positioning laser designs on garments automatic and rapid It allows a choice of different production modes and detects up to 8 garments at the same time.

Metro
Metro is a software that automatically and transparently measures the actual consumption of a laundry, summarizing these figures in each garment’s “environmental passport”.

Tonello will be unveiling the release of their new, more efficient and more responsible Laundry (R)Evolution, including three tools, at Kingpins Show in Amsterdam, from October 19-20.

Configurator
The new Configurator allows clients to choose the technologies, software, and accessories for their next laundry, combining diverse solutions and thus obtaining a real projection of energy and resource consumption, as well as savings and sustainability benefits.

B.O.P. (Be On Point)
The seamless integration with THE Laser, B.O.P. is based on the most recent developments in Computer Vision It makes positioning laser designs on garments automatic and rapid It allows a choice of different production modes and detects up to 8 garments at the same time.

Metro
Metro is a software that automatically and transparently measures the actual consumption of a laundry, summarizing these figures in each garment’s “environmental passport”.

At the show, Tonello will also demonstrate their technologies by washing the MSP Collection, in collaboration with PVH Europe, Kingpins, and designed by Piero Turk.

Source:

Tonello

(c) INDA
17.10.2022

INDA announces new dates for IDEA®

INDA, the Association of the Nonwoven Fabrics Industry, announces new dates for the 22nd edition of IDEA® – The World’s Preeminent Event for Nonwovens & Engineered Fabrics. Originally scheduled to take place April 23-25, 2024, IDEA® now will be held April 29-May 1, 2025, at the Miami Beach Convention Center in Miami Beach, FL.

In 2022, IDEA® attracted 5,000 participants from across the global supply chain to engage with nonwovens & engineered materials senior-level leaders at the Miami Beach Convention Center. IDEA® 2022 was co-located with the second FiltXPO™, an exhibition and conference dedicated exclusively to filtration and separation.

INDA, the Association of the Nonwoven Fabrics Industry, announces new dates for the 22nd edition of IDEA® – The World’s Preeminent Event for Nonwovens & Engineered Fabrics. Originally scheduled to take place April 23-25, 2024, IDEA® now will be held April 29-May 1, 2025, at the Miami Beach Convention Center in Miami Beach, FL.

In 2022, IDEA® attracted 5,000 participants from across the global supply chain to engage with nonwovens & engineered materials senior-level leaders at the Miami Beach Convention Center. IDEA® 2022 was co-located with the second FiltXPO™, an exhibition and conference dedicated exclusively to filtration and separation.

Source:

INDA

Foto: pixabay
14.10.2022

EuroShop 2023 stellt Studie zu autonomen Geschäften vor

Die in den letzten Jahren mit hoher Geschwindigkeit voranschreitende Digitalisierung der Handelsbranche hat auch dazu geführt, dass stationäre Geschäfte mit immer mehr technologischer Intelligenz ausgestattet werden. So haben sich vielfältige automatisierte Store-Konzepte entwickelt, bei denen der Einkaufsvorgang weitestgehend digitalisiert abläuft. Deshalb ist das Thema Smart Stores eines der Hot-Topics der EuroShop 2023, The No.1 Retail Trade Fair, vom 26. Februar bis 02. März in Düsseldorf.

Es ist fast 40 Jahre her, dass der Erfinder David R. Humble auf die Idee der Selbstbedienungskasse kam, nachdem er angeblich in einer langen Schlange in einem Lebensmittelgeschäft in Südflorida gestanden hatte. Seitdem hat sich die Technologie massiv weiterentwickelt und ist in immer mehr Einzelhandelsgeschäften zu finden.

Die in den letzten Jahren mit hoher Geschwindigkeit voranschreitende Digitalisierung der Handelsbranche hat auch dazu geführt, dass stationäre Geschäfte mit immer mehr technologischer Intelligenz ausgestattet werden. So haben sich vielfältige automatisierte Store-Konzepte entwickelt, bei denen der Einkaufsvorgang weitestgehend digitalisiert abläuft. Deshalb ist das Thema Smart Stores eines der Hot-Topics der EuroShop 2023, The No.1 Retail Trade Fair, vom 26. Februar bis 02. März in Düsseldorf.

Es ist fast 40 Jahre her, dass der Erfinder David R. Humble auf die Idee der Selbstbedienungskasse kam, nachdem er angeblich in einer langen Schlange in einem Lebensmittelgeschäft in Südflorida gestanden hatte. Seitdem hat sich die Technologie massiv weiterentwickelt und ist in immer mehr Einzelhandelsgeschäften zu finden.

Laut dem Bericht Global EPOS and Self-Checkout 2022 des Strategieforschungs- und Beratungsunternehmens RBR wuchs der Weltmarkt im vergangenen Jahr um 11 Prozent, wobei im Jahr 2021 weltweit 200.000 Selbstbedienungsgeräte ausgeliefert wurden. Die Technologie verspricht enorme Vorteile, wie kürzere Wartezeiten für die Kunden und Kundinnen und eine verbesserte Effizienz der Geschäfte für die Einzelhändler, aber wie bei den meisten Dingen ist sie nicht ohne Makel.

Ist der Einzelhandel auf dem Weg in eine reibungslosere Zukunft, wenn Unternehmen wie Amazon vollautomatische Läden einrichten, in denen die Kundschaft den Kassiervorgang ganz überspringen kann? „Die Zeiten des 20. Jahrhunderts, in denen jeder einzelne Artikel langsam über einen Barcode-Scanner gescannt wurde, sind vorbei“, erklärt Will Glaser, CEO des US-Unternehmens Grabandgo. „Der Käufer ist in der Lage, das Geschäft zu wählen, das er aufgrund von Preis und Komfort bevorzugt.“

2018 sorgte der Online-Handelsriese Amazon für Schlagzeilen, als er in seiner Heimatstadt Seattle seinen ersten kassenlosen Laden eröffnete, der mit der „Just Walk Out“-Technologie des Unternehmens ausgestattet ist. Heute gibt es mehr als 40 Amazon Go- und Amazon Fresh-Standorte in den USA und Großbritannien, und weitere sollen weltweit eröffnet werden. Das so genannte "Just Walk Out"-Einkaufserlebnis nutzt die gleichen Technologien wie selbstfahrende Autos, einschließlich Computer Vision, Deep Learning-Algorithmen und Sensorfusion, und ermöglicht es den Kunden und Kundinnen, den Laden zu betreten, das Gewünschte zu nehmen und zu verlassen. Während Amazon laut RBR derzeit weltweit die meisten kassenlosen Läden betreibt, experimentieren auch andere Supermarktketten wie Tesco, ALDI und REWE mit Technologien, die das Einkaufserlebnis im Laden erleichtern sollen. RBR prognostiziert, dass es bis Ende 2027 weltweit mehr als 12.000 Geschäfte mit kassenloser Technologie geben könnte.

Laut Rebecca Hobbs von der Trendforschungsagentur Stylus gibt es mehrere treibende Kräfte, die das Wachstum der autonomen Geschäfte anführen, abgesehen von der schieren Geschwindigkeit und dem Komfort, die normalerweise als Hauptvorteile angesehen werden. „Der größte Vorteil für die Verbraucher besteht darin, dass die Marken in der Lage sind, Online- und Offline-Verbraucherdaten leichter zusammenzuführen“, sagt sie. „Sie können ein System einrichten, bei dem sich die Verbraucher in einem Kundenkonto anmelden müssen, um ein Geschäft zu betreten, so dass jeder im Geschäft dasselbe Profil hat wie online. Dies hilft ihnen, das Kaufverhalten zu ermitteln und Entscheidungen über den Warenbestand und das Merchandising zu treffen. „Diese Geschäfte können sogar feststellen, was ein Kunde mitnimmt und was er wieder wegwirft“, fügt Hobbs hinzu. „Wenn viele Kunden und Kundinnen einen Artikel in die Hand nehmen, ihn wegwerfen und sich dann dafür entscheiden, das Produkt online zu kaufen, wäre das eine Bestätigung für die Entscheidung, das Produkt im Geschäft zu haben, um es zu entdecken. Dieses Maß an Konnektivität wird den Aufstieg des Omnichannel-Einzelhandels vorantreiben - ein Wort, das schon seit Jahren in aller Munde ist, aber mit dieser Art von Technologie erst richtig zur Geltung kommen wird.“

Source:

Messe Düsseldorf GmbH

(c) IDTechex
13.10.2022

Innovations in wearable sensor technology through watches and skin patches

IDTechEx report: Wearable Sensors 2023-2033

Overall, this report provides insight into how wearable sensors could be integrated into society long term - the technology underpinning value within the trend towards 'the quantified self'. The main drivers for growth identified are digital health and remote patient monitoring, extended reality, and the metaverse and performance analytics of athletes and sports people.

IDTechEx report: Wearable Sensors 2023-2033

Overall, this report provides insight into how wearable sensors could be integrated into society long term - the technology underpinning value within the trend towards 'the quantified self'. The main drivers for growth identified are digital health and remote patient monitoring, extended reality, and the metaverse and performance analytics of athletes and sports people.

More people than ever before are turning to wearable sensors to monitor their activity levels. Despite its origin in simple step counting, the market for wearable sensors is expanding into the more complex arena of health monitoring. Innovations in wearable sensor technology are expanding the envelope of biometrics accessible through watches and skin patches, addressing the rising demand for remote patient monitoring and decentralized clinical trials but also increasing consumer expectations. This includes easier access to health data, and extends further to sensor integration into headsets and accessories for immersive AR/VR experiences.
 
Motion sensors finding applications beyond step counting
Motion sensing hardware is well established, with accelerometers integrated into almost every wearable. Therefore, as profit margins for manufacturers diminish with commoditization, expanding the application space is crucial to maintain growth. This report provides an outlook for emerging use cases such as health insurance rewards, clinical trials, and professional athlete monitoring.
 
Optical sensors seeking to go further than heart-rate detection
Smart-watch wearers are familiar with the red and green lights on the back of their devices, used to obtain heart-rate data or blood oxygen and further analyzed for insights into calorie burn, VO2 max, and sleep quality.
Sensor developers are interested in pushing the boundaries of what can be measured non-invasively with light - whether it be through new software to analyze photoplethysmography (PPG) signals or new hardware for spectroscopy. Multiple companies are competing to lead in the commercialization of wearable blood pressure, with others setting their sights on ambitious 'clinic on the wrist' devices to replace common hospital tests and even glucose monitoring. This report appraises the potential for optical sensors, and overviews challenges for calibration requirements and regulatory approval.
 
Monitoring of the heart, muscle, and brain
Incorporating conductive materials into wearable technology is a simple concept. However, it has led to a vast variety of wearables sensors including wet electrodes stuck on the skin to measure the heart, dry electrodes in headphones to analyze brain signals, and microneedles within skin patches to quantify muscle movements. As such, this also creates a broad application space for electrodes ranging from vital sign monitoring and sleep analysis for healthcare, to emotional response and stress monitoring for marketing and productivity. This report dedicates a section to the four key categories of electrodes: wet, dry, microneedle, and electronic skin. This includes a summary of key material and manufacturing requirements.
 
Wearable sensors are fundamental to continuous monitoring of health, fitness, and wellness. As applications for wearable technology grow, there are increasing opportunities for sensors that detect parameters ranging from glucose levels to pressure and from motion to temperature. Based on a decade of market research on wearable technology hardware, this report analyses the technological and commercial landscape of this growing industry, both today and into the future. IDTechEx's research in wearables tracks the progress of over 50 wearable electronic product types. Within each of these products, a key focus of the research has been understanding and characterizing the prevalence of sensor types integrated into each.

More information:
wearable sensors IDTechex
Source:

IDTechex

(c) BVMed
13.10.2022

BVMed: Ergebnisse der Herbstumfrage 2022

Die Umsatzentwicklung der Medizintechnik-Branche zeigt sich nach den Ergebnissen der Herbstumfrage des Bundesverbandes Medizintechnologie (BVMed) mit einem prognostizierten Plus von 3,3 Prozent gegenüber dem Vorjahr leicht erholt. Die Gewinne der MedTech-Branche werden 2022 jedoch aufgrund der dramatischen Kostensteigerungen bei den Transport-, Rohstoff- und Energiepreisen sowie den regulatorischen Mehraufwand durch die EU-Medizinprodukte-Verordnung (MDR) insgesamt zurückgehen. Dennoch schaffen die Unternehmen neue Arbeitsplätze und investieren in Produktionsstandorte, so das Ergebnis der BVMed-Herbstumfrage, die BVMed-Geschäftsführer Dr. Marc-Pierre Möll auf der Jahrespressekonferenz des MedTech-Verbandes vorstellte.

Die Kostensteigerungen und bürokratischen Hemmnisse durch die MDR führen zudem zu einem Rückgang der Innovationsdynamik der Branche. Der Innovationsklima-Index der MedTech-Branche ist mit 3,6 auf einer Zehnerskala auf einem Tiefstwert. „Das zeigt die Dramatik der Herausforderungen für die KMU-geprägte MedTech-Branche in Deutschland auf“, so Möll. An der Herbstumfrage nahmen 120 Mitgliedsunternehmen des BVMed teil.

Die Umsatzentwicklung der Medizintechnik-Branche zeigt sich nach den Ergebnissen der Herbstumfrage des Bundesverbandes Medizintechnologie (BVMed) mit einem prognostizierten Plus von 3,3 Prozent gegenüber dem Vorjahr leicht erholt. Die Gewinne der MedTech-Branche werden 2022 jedoch aufgrund der dramatischen Kostensteigerungen bei den Transport-, Rohstoff- und Energiepreisen sowie den regulatorischen Mehraufwand durch die EU-Medizinprodukte-Verordnung (MDR) insgesamt zurückgehen. Dennoch schaffen die Unternehmen neue Arbeitsplätze und investieren in Produktionsstandorte, so das Ergebnis der BVMed-Herbstumfrage, die BVMed-Geschäftsführer Dr. Marc-Pierre Möll auf der Jahrespressekonferenz des MedTech-Verbandes vorstellte.

Die Kostensteigerungen und bürokratischen Hemmnisse durch die MDR führen zudem zu einem Rückgang der Innovationsdynamik der Branche. Der Innovationsklima-Index der MedTech-Branche ist mit 3,6 auf einer Zehnerskala auf einem Tiefstwert. „Das zeigt die Dramatik der Herausforderungen für die KMU-geprägte MedTech-Branche in Deutschland auf“, so Möll. An der Herbstumfrage nahmen 120 Mitgliedsunternehmen des BVMed teil.

Detaillierte Informationen zur Umfrage finden Sie hier.

Source:

BVMed | Bundesverband Medizintechnologie e.V.

(c) JEC Group
13.10.2022

JEC Forum DACH reveals the Startup Booster Finalists

JEC Forum DACH‘s primary goal is to promote the DACH region’s dynamic composites ecosystem. Besides an extensive program of business meetings and conferences, innovation will have a special place in Augsburg from November 29 to 30, 2022 as attendees will have the opportunity to witness the JEC Composites Startup Booster and the AVK Awards. Winners of both competitions will be announced during a dedicated ceremony on November 29th.

The five finalists are:

BioWerkz: Closing the Loops
At BioWerkz a new bio-based, resource-efficient, and CO2-negative material called “NEWood” is developed,  using only wood waste and agricultural waste bound using fungal mycelium; the root network of mushrooms as a natural binder without the need for any synthetic binders.

Bufo Technology – HARDCORK: High-Performance Biobased Composite – Superior by nature
Bufo Technology has developed the high-performance composite material HARDCORK® made from cork, fibers and a thermosetting matrix. HARDCORK® can be manufactured as a core material, sandwich panel or complex molded part.

JEC Forum DACH‘s primary goal is to promote the DACH region’s dynamic composites ecosystem. Besides an extensive program of business meetings and conferences, innovation will have a special place in Augsburg from November 29 to 30, 2022 as attendees will have the opportunity to witness the JEC Composites Startup Booster and the AVK Awards. Winners of both competitions will be announced during a dedicated ceremony on November 29th.

The five finalists are:

BioWerkz: Closing the Loops
At BioWerkz a new bio-based, resource-efficient, and CO2-negative material called “NEWood” is developed,  using only wood waste and agricultural waste bound using fungal mycelium; the root network of mushrooms as a natural binder without the need for any synthetic binders.

Bufo Technology – HARDCORK: High-Performance Biobased Composite – Superior by nature
Bufo Technology has developed the high-performance composite material HARDCORK® made from cork, fibers and a thermosetting matrix. HARDCORK® can be manufactured as a core material, sandwich panel or complex molded part.

Cavicore: Water soluble salt cores for the production of hollow carbon fiber parts
CAVICORE produces ready-to-use water soluble cores for the realization of hollow composite parts. Their “lost cores” have the advantage of being temperature-resistant, stable as well as eco-friendly and recyclable, as they consist of pure salts without binders.

Composite Recycling: Closing the loop on Composite Materials
Composite Recycling has developed a highly energy efficient and sustainable process to separate the resin from the fibres. With the Ecole Polytechnique Fédérale de Lausanne, the team has designed a post-treatment to clean the fibres and make them reusable in new composites, closing the loop.

Microwave Solutions GmbH: Imagineering a sustainable future
Agile and modular microwave plasma and selective depolymerization technology for molecular recycling, fiber recovery and nanomaterial creation.

12.10.2022

PCG completes acquisition of Perstorp

Perstorp has been acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group, on 11 October 2022.

In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm, to acquire the entire equity interest in Perstorp, a leading sustainability-driven global specialty chemicals company based in Sweden. With the completion of the acquisition, Perstorp is now PCG’s wholly-owned subsidiary.

Perstorp has been acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group, on 11 October 2022.

In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm, to acquire the entire equity interest in Perstorp, a leading sustainability-driven global specialty chemicals company based in Sweden. With the completion of the acquisition, Perstorp is now PCG’s wholly-owned subsidiary.

PCG will strive to ensure the timely completion of Perstorp’s growth projects in a safe and cost-effective manner. Perstorp has several projects lined up in the near future, including the launch of Project Air which aims to reduce carbon emissions through the production of sustainable methanol. Recently, The European Union Innovation Fund selected Project Air, as one of the 17 large-scale green tech projects, which together will be granted more than EUR 1.8 billion. Project Air is a gamechanger for the chemical industry, moving from fossil raw materials to recycled and bio-based feedstock, thereby enabling sustainable chemical products to a large variety of industries and end products. At full capacity, it will reduce global CO2 emissions with close to 500,000 metric tons per year from today’s levels, corresponding to one percent of current emissions in Sweden.

More information:
Perstorp PCG
Source:

EMG for Perstorp

(c) adidas AG
11.10.2022

adidas and SOUL CAP announce partnership to make swimming more accessible

  • The adidas x SOUL CAP partnership aims to promote greater diversity and inclusivity in the world of swimming, by helping to break down social barriers in the sport.
  • The debut swim cap has been designed for people with long or voluminous hair in a range of sizes, for adults and children, in an exclusive linen green colorway.

adidas announces its first swim cap made in partnership with London-based start-up SOUL CAP , which will be available from 26th September. This collaboration – which follows the launch of adidas’ full-cover and inclusive sizing swimwear ranges last summer – is part of the brand’s ongoing commitment to make water sports more accessible.

  • The adidas x SOUL CAP partnership aims to promote greater diversity and inclusivity in the world of swimming, by helping to break down social barriers in the sport.
  • The debut swim cap has been designed for people with long or voluminous hair in a range of sizes, for adults and children, in an exclusive linen green colorway.

adidas announces its first swim cap made in partnership with London-based start-up SOUL CAP , which will be available from 26th September. This collaboration – which follows the launch of adidas’ full-cover and inclusive sizing swimwear ranges last summer – is part of the brand’s ongoing commitment to make water sports more accessible.

The idea for SOUL CAP was born in 2017 when founders Michael Chapman and Toks Ahmed took up adult swimming lessons, after not having learned how to swim as children. They noticed a problem during their classes – every swimmer wore the same size swim cap, no matter what hairstyle they had, which often resulted in people struggling with ill-fitting caps. This observation led to them creating SOUL CAP, a company that makes swim caps designed for people with long or voluminous hair.

The adidas x SOUL CAP swim cap is made from 100 per cent silicone, which creates less snag on the hair ensuring a more comfortable fit. Built with extra space, it provides a snug fit and tight seal to keep long and voluminous hair dry and healthy through every type of swim. The collection consists of an adult cap in sizes Regular-XXL and a children’s cap in sizes Regular-L, in an exclusive linen green colorway.

More information:
adidas SOUL CAP Sportswear
Source:

adidas AG

(c) BTMA
The James Heal AirPro air permeability tester
11.10.2022

BTMA: Testing equipment manufacturer James Heal celebrates 150th anniversary

Long-standing BTMA member James Heal is celebrating its 150th anniversary this year, the company’s formation dating back to 1872, when it was listed as an oil and tallow merchant and mill furnisher in Yorkshire, UK.

Today, as a testing equipment manufacturer for textiles and nonwovens, James Heal continues to expand its range, with a focus on making testing simple – most notably with the introduction of its Performance Testing collection of instruments, most recently the AirPro and HydroView systems.

AirPro
The new James Heal AirPro air permeability tester is used to test the resistance of the flow of air through woven, knitted and nonwoven textiles. Its software offers flexibility with standards and  comprehensive reporting options and different test head sizes are available, making it suitable for a range of applications and standards

Long-standing BTMA member James Heal is celebrating its 150th anniversary this year, the company’s formation dating back to 1872, when it was listed as an oil and tallow merchant and mill furnisher in Yorkshire, UK.

Today, as a testing equipment manufacturer for textiles and nonwovens, James Heal continues to expand its range, with a focus on making testing simple – most notably with the introduction of its Performance Testing collection of instruments, most recently the AirPro and HydroView systems.

AirPro
The new James Heal AirPro air permeability tester is used to test the resistance of the flow of air through woven, knitted and nonwoven textiles. Its software offers flexibility with standards and  comprehensive reporting options and different test head sizes are available, making it suitable for a range of applications and standards

HydroView
The HydroView hydrostatic head tester is meanwhile designed to measure the penetration of water in materials which have an end use that requires water resistance, such as those in the medical, geotextiles and nonwovens sectors. It is also proving essential in the testing of end-use applications for technical textiles, such as in protective gloves, diving dry suits and winter sports apparel, to fishing waders, roofing, tenting, ground sheets and more.

(c) EURATEX
11.10.2022

EURATEX and ATP: 10th European Textile & Apparel Convention in Porto

On 13-14 October, EURATEX in partnership with ATP is organising the 10th European Textile & Apparel Convention in Porto, Portugal; the convention marks also the 24th Textile Industry Forum for Portugal.

The Porto Convention – titled Sustainability meets Competitiveness: How to Square the Circle? – will look at how companies can anticipate the new European regulatory framework, embrace innovation, and develop a business model where sustainability becomes a source of competitiveness and growth. In the current economic, social and political environment, Europe is facing many challenges: increased energy prices, unforeseen inflation and climate change, which add to the day-to-day challenges of running a business. Embracing the European Union’s commitment to a green and digital transformation, the textile industry needs to also move towards a new circular economy where recycling is at the core of the design process supported by digitalisation, innovation and new skills, and creativity. The conference will address explore solutions to turn quality and sustainability into a source of competitiveness.

On 13-14 October, EURATEX in partnership with ATP is organising the 10th European Textile & Apparel Convention in Porto, Portugal; the convention marks also the 24th Textile Industry Forum for Portugal.

The Porto Convention – titled Sustainability meets Competitiveness: How to Square the Circle? – will look at how companies can anticipate the new European regulatory framework, embrace innovation, and develop a business model where sustainability becomes a source of competitiveness and growth. In the current economic, social and political environment, Europe is facing many challenges: increased energy prices, unforeseen inflation and climate change, which add to the day-to-day challenges of running a business. Embracing the European Union’s commitment to a green and digital transformation, the textile industry needs to also move towards a new circular economy where recycling is at the core of the design process supported by digitalisation, innovation and new skills, and creativity. The conference will address explore solutions to turn quality and sustainability into a source of competitiveness.

The Porto Convention will see representatives of national and European institutions, experts from the industry and like-minded entrepreneurs come together to discuss ideas, share experiences and find solutions to face common challenges.

Source:

EURATEX

07.10.2022

AkzoNobel: Q3 update following high macro-economic uncertainty

AkzoNobel provides a Q3 update as high macro-economic uncertainty - especially in Europe and China - led to near historical low consumer confidence. In anticipation, customers and channel partners in the paints and coatings industry are proactively destocking in these regions.
 
The Q3 adjusted operating income is now expected to be in the range of €195 million to €215 million (2021: €241 million), excluding a retroactive impact from hyperinflation accounting regarding Türkiye.
 
Current demand trends are expected to continue in Q4, whilst benefits will come from the company’s own initiatives to reduce costs, improve working capital and ongoing pricing initiatives. While Q3 will see the highest raw material cost impact since the inflation cycle started early 2021, pricing will continue to offset raw material and freight inflation. Overall raw material supply is normalizing and raw material prices are starting to soften broadly.
 
Financial results for Q3 of 2022 will be announced on October 20.

AkzoNobel provides a Q3 update as high macro-economic uncertainty - especially in Europe and China - led to near historical low consumer confidence. In anticipation, customers and channel partners in the paints and coatings industry are proactively destocking in these regions.
 
The Q3 adjusted operating income is now expected to be in the range of €195 million to €215 million (2021: €241 million), excluding a retroactive impact from hyperinflation accounting regarding Türkiye.
 
Current demand trends are expected to continue in Q4, whilst benefits will come from the company’s own initiatives to reduce costs, improve working capital and ongoing pricing initiatives. While Q3 will see the highest raw material cost impact since the inflation cycle started early 2021, pricing will continue to offset raw material and freight inflation. Overall raw material supply is normalizing and raw material prices are starting to soften broadly.
 
Financial results for Q3 of 2022 will be announced on October 20.

Source:

AkzoNobel