From the Sector

Reset
695 results
 The BCF S8 sets new standards with regards to color separation. (c) Oerlikon Manmade Fibers
The BCF S8 sets new standards with regards to color separation.
30.01.2020

Egy Stitch & Tex 2020: Oerlikon Manmade Fibers Focuses on Carpet yarns

The Oerlikon Manmade Fibers segment will be presenting itself at the Egy Stitch & Tex 2020 between March 5 and 8, 2020 in Cairo – with a clear focus on the needs of the African market. In Hall 1, Stand B2 The Oerlikon Barmag and Oerlikon Neumag experts will also be showcasing the comprehensive product and service portfolio of the world market leader for manmade fiber systems at the stand of Oerlikon’s representative ATAG Export & Import.

The spotlight of the Oerlikon Manmade Fibers segment’s trade fair attendance will be on two core technologies: the new generation of Oerlikon Barmag eAFK Evo texturing machines is to be unveiled within the African market for the very first time. It promises higher speeds and productivity with consistently high product quality, along with lower energy consumption and simpler operation vis-à-vis comparable market solutions. In particular, the numerous value-added features include two that convince with cutting-edge technology: the optimized, innovative EvoHeater and the EvoCooler, a completely newly-developed active cooling unit.

The Oerlikon Manmade Fibers segment will be presenting itself at the Egy Stitch & Tex 2020 between March 5 and 8, 2020 in Cairo – with a clear focus on the needs of the African market. In Hall 1, Stand B2 The Oerlikon Barmag and Oerlikon Neumag experts will also be showcasing the comprehensive product and service portfolio of the world market leader for manmade fiber systems at the stand of Oerlikon’s representative ATAG Export & Import.

The spotlight of the Oerlikon Manmade Fibers segment’s trade fair attendance will be on two core technologies: the new generation of Oerlikon Barmag eAFK Evo texturing machines is to be unveiled within the African market for the very first time. It promises higher speeds and productivity with consistently high product quality, along with lower energy consumption and simpler operation vis-à-vis comparable market solutions. In particular, the numerous value-added features include two that convince with cutting-edge technology: the optimized, innovative EvoHeater and the EvoCooler, a completely newly-developed active cooling unit.

The second technology focus offers new opportunities for the Egyptian market and the Middle Eastern markets in particular: with Oerlikon Neumag’s BCF S8 monocolor and tricolor system, the segment will be unveiling its new carpet yarn production flagship. Superlative spinning speeds, up to 700 individual filaments, finer titers of up to 2.5 dpf – the performance data and technological finesse of the new system have already made a huge impression at numerous trade fairs and roadshows over the past year. The tricolor’s core component is the new, patent-pending Color Pop Compacting unit (CPC-T) for even more flexible and more even color separation. With the CPC-T, individually-controllable air pressures for each color provide pre-tangling, which accentuates the colors and hence makes more than 200,000 different shades possible. Whereas it has been very difficult to manufacture strongly color-separated or color-accentuated BCF yarns from polyamide 6 to date, this will in future be possible thanks to the CPC-T system. As a result of the new design, the CPC-T is now also suitable for processes with low yarn tensions.
 
Expanded product offering for manufacturing carpet yarns
Know-how covering all relevant technologies deployed in manmade fiber spinning plants enables Oerlikon – as the world’s only manufacturer – to expand its range of products and services for making carpet yarns. The POY- and texturing-based system concept is designed for a carpet and home textiles segment that demands particularly soft and bulky polyester yarns with BCF-like properties. Here, the aim is to produce yarns with titers of max. 1300dtex and typically more than 1,000 filaments, with typical products including, for example, 1300dtex f1152, 660dtex f1152 and 990dtex f768. The machine concept comprises the well-known WINGS HD POY winder, along with the eAFK Big-V texturing machine.

 

Source:

Oerlikon Manmade Fibers

CAALOSS2020collection with Bemberg™lining CAALOSS2020 collection withBemberg™lining
CAALOSS2020 collection with Bemberg™lining
29.01.2020

Bemberg™ doubles its presence at Première Vision

Bemberg™ gears up for Première Vision - February 11th-13th, Paris, France; with a great deal of novelties and a key statement on sustainability: Let’s Make it Circular! That’s why the Japanese brand of regenerated cellulose fibers joins the fair with two booths, one in the yarn-focused sector – Hall 6 C52 6D53 – the other one in the Smart Creation area, the curated district showcasing cutting-edge sustainable innovation for the textile and fashion business. Hall3 S14.

“We simply could not miss out on the Smart Creation Area as sustainability is the founding pillar of our company,” says SHUNSUKE SATO, sales manager of Bemberg™ by Asahi Kasei. “Indeed, the smart fiber is made from a cotton linter which is pre-consumer material, a natural derived source, that doesn’t deplete forestry resources. The strategy beyond our double presence is to highlight our deep commitment to responsible innovation to a larger target of professionals.”

Bemberg™ gears up for Première Vision - February 11th-13th, Paris, France; with a great deal of novelties and a key statement on sustainability: Let’s Make it Circular! That’s why the Japanese brand of regenerated cellulose fibers joins the fair with two booths, one in the yarn-focused sector – Hall 6 C52 6D53 – the other one in the Smart Creation area, the curated district showcasing cutting-edge sustainable innovation for the textile and fashion business. Hall3 S14.

“We simply could not miss out on the Smart Creation Area as sustainability is the founding pillar of our company,” says SHUNSUKE SATO, sales manager of Bemberg™ by Asahi Kasei. “Indeed, the smart fiber is made from a cotton linter which is pre-consumer material, a natural derived source, that doesn’t deplete forestry resources. The strategy beyond our double presence is to highlight our deep commitment to responsible innovation to a larger target of professionals.”

Let’s take it circular! is the motto at the Smart Creation booth. The lifespan of Bemberg™’s regenerated cellulose fiber derived from cotton is fully circular: from the source to manufacturing. The whole sustainable closed-loop process is supported by the LCA study, signed by ICEA and validated by Paolo Masoni. Recyclability is granted by the Global Recycle Standard - GRS certification by the renown Textile Exchange. An influential guarantee that involves the whole production process and supply chain behind the company’s smart yarns. Bemberg™ yarns are entirely biodegradable and ecotoxicity-free – meaning that at the end of their life circle they break down into the environment leaving no trace in terms of toxic substances as attested by the Innovhub-SSI report.

On show at Première Vision some of the most recent collaborations with GRS-certified partners such as FIVEOL, SMI TESSUTI, TESSITURA UBOLDI, INFINITY, SIDONIOS, MATIAS & ARAUJO, TINTEX, IPEKER, EKOTEN, for fashion fabrics as well as PEZZETTI and BRUNELLO & G.CRESPI from lining partners.

The first Bemberg™ partner to present a commercial collection enriched by Velutine™ Evo is the Portuguese Matias & Araújo. With an innovative spirit, dynamism and a determined entrepreneurial spirit, the company is a leading knitwear producer for the textile industry.

In the Hall 6 Bemberg™ displays key commercial items developed by premium brands such as CAALO that is making its mark in the outerwear market with its Sustainably produced Functional-Luxury proposal. For SS20, CAALO utilized Bemberg™ lining because of the sustainability properties and it's unique colour.

CAALO looks to utilize as much eco-friendly and sustainable materials as possible without compromising on design or quality. This Bemberg™ lining was a perfect fit.

Source:

(c) GB Network

23.01.2020

autoneum: revenue growth in a declining market

Thanks to numerous new ramp-ups and the favorable portfolio of vehicle models supplied, Autoneum grew organically by 2.5% in a declining market. Adjusted for currency effects, Group revenue in Swiss francs amounted to CHF 2 297.4 million, 0.7% higher compared to the previous year.

For the second consecutive year, fewer vehicles were manufactured worldwide in 2019 than in the prior year. In particular, the persistently weak global economy and ongoing trade disputes have had an impact on vehicle demand. With only about 89 million vehicles produced, the market shrank by almost –6% compared to 2018. Despite this negative trend, Autoneum achieved an organic revenue growth of 2.5% through numerous production ramp-ups and a favorable mix of vehicle models supplied. Revenue consolidated in Swiss francs rose by 0.7% from CHF 2 281.5 million to CHF 2 297.4 million.

Thanks to numerous new ramp-ups and the favorable portfolio of vehicle models supplied, Autoneum grew organically by 2.5% in a declining market. Adjusted for currency effects, Group revenue in Swiss francs amounted to CHF 2 297.4 million, 0.7% higher compared to the previous year.

For the second consecutive year, fewer vehicles were manufactured worldwide in 2019 than in the prior year. In particular, the persistently weak global economy and ongoing trade disputes have had an impact on vehicle demand. With only about 89 million vehicles produced, the market shrank by almost –6% compared to 2018. Despite this negative trend, Autoneum achieved an organic revenue growth of 2.5% through numerous production ramp-ups and a favorable mix of vehicle models supplied. Revenue consolidated in Swiss francs rose by 0.7% from CHF 2 281.5 million to CHF 2 297.4 million.

Revenue growth in North America, Asia and SAMEA region significantly above market The Business Groups North America, Asia and SAMEA (South America, Middle East and Africa) not only outperformed the negative market trend in each case, but also reported higher revenues compared to the previous year. In Europe only, the drop in automobile production caused a decline in revenue of the corresponding Business Group by –5.6% in local currencies. Business Group North America improved its revenue by 7.2% on a currency-adjusted basis, primarily driven by various production ramp-ups of German and Japanese vehicle manufacturers. Despite considerably fewer vehicles being produced in Asia, the Business Group increased its revenue in local currencies by 8.1% thanks to high-volume and new programs of European and Asian automobile manufacturers. Business Group SAMEA continued its growth course. Against the market slump in this region, revenue in local currencies and adjusted for inflation rose by 32.7%. This was mainly due to high-volume export programs in Turkey and South Africa as well as much higher production volumes compared to the previous year in the key SAMEA market of Brazil.

More information:
Autoneum
Source:

autoneum

The Oerlikon Nonwoven electro-charging unit (c) Oerlikon Nonwoven
The Oerlikon Nonwoven electro-charging unit
23.01.2020

Oerlikon Nonwoven showcases convincing meltblown and spunbond technology

The Oerlikon Nonwoven experts will be presenting efficient solutions and comprehensive technology know-how for challenging filtration tasks to an international trade audience at the FiltXPO 2020 in Chicago, USA (Stand # 420), taking place between February 26 and 28.

Meltblown technology is one of the most efficient methods for producing very fine and highly-separating filter media made from manmade fibers. New, unique and highly-sophisticated filter media are easy to manufacture thanks to Oerlikon Nonwoven’s optimized meltblown technology. This process is characterized by its constant melt pressure distribution and consistent dwell time across the entire width of the spinning beam, Furthermore, the novel guidance and distribution of the process air outside the coathanger distributor offered by the Oerlikon Nonwoven technology prevents so-called hotspots, which overall ensures particularly homogeneous nonwoven properties and basis weights even in the case of delicate raw materials.

The Oerlikon Nonwoven experts will be presenting efficient solutions and comprehensive technology know-how for challenging filtration tasks to an international trade audience at the FiltXPO 2020 in Chicago, USA (Stand # 420), taking place between February 26 and 28.

Meltblown technology is one of the most efficient methods for producing very fine and highly-separating filter media made from manmade fibers. New, unique and highly-sophisticated filter media are easy to manufacture thanks to Oerlikon Nonwoven’s optimized meltblown technology. This process is characterized by its constant melt pressure distribution and consistent dwell time across the entire width of the spinning beam, Furthermore, the novel guidance and distribution of the process air outside the coathanger distributor offered by the Oerlikon Nonwoven technology prevents so-called hotspots, which overall ensures particularly homogeneous nonwoven properties and basis weights even in the case of delicate raw materials.

The Oerlikon Nonwoven charging unit stands out against other concepts currently available on the market. Users can freely choose from a large number of variation possibilities and set the optimum charging method depending on the filter application, allowing the Oerlikon Nonwoven charging unit to also be used for the manufacture of EPA- and HEPA-class filter media.

The new forming section ensures improved nonwoven formation evenness across the entire width, even in the case of high spinning speeds, special polymers and polymer combinations. In addition to this, the newly-designed system also ensures that nonwovens only require minimal edge trimming at the end of the production process. The newly-developed mixedfiber technology enables the combining of various filament cross-sections and polymers, in order to set ideal filtering and pleating performances, for example.

 

More information:
Oerlikon Nonwoven Filtxpo
Source:

Oerlikon Nonwoven

Monforts: Half a century of excellence (c) A. Monforts Textilmaschinen GmbH & Co. KG
Monforts: Half a century of excellence
20.01.2020

Monforts: Half a century of excellence

The origins of both Industry 4.0 and an awareness of the need for more sustainable manufacturing methods can arguably be traced back to the year 1971.

It was in 1971 that the first microprocessor was introduced by Intel, and also that the first and perhaps now most well-known environmental campaigner, Greenpeace, was founded.

As such, a direct line can be charted from that year to today’s automated textile manufacturing machinery concepts, as well as the drive to develop more increasingly resource-efficient processes.

All of the recent innovations which have been introduced to the market by A. Monforts Textilmaschinen GmbH & Co. KG, for example, are being powered by the possibilities of Industry 4.0 and developed in response to the market demand for more sustainable production.

The origins of both Industry 4.0 and an awareness of the need for more sustainable manufacturing methods can arguably be traced back to the year 1971.

It was in 1971 that the first microprocessor was introduced by Intel, and also that the first and perhaps now most well-known environmental campaigner, Greenpeace, was founded.

As such, a direct line can be charted from that year to today’s automated textile manufacturing machinery concepts, as well as the drive to develop more increasingly resource-efficient processes.

All of the recent innovations which have been introduced to the market by A. Monforts Textilmaschinen GmbH & Co. KG, for example, are being powered by the possibilities of Industry 4.0 and developed in response to the market demand for more sustainable production.

They include the new ‘digital twinning’ capability introduced in 2019 for all Monforts machines, with advanced sensor technologies which make it possible to access comprehensive technical machine data from any location using the company’s Smart Support and Smart Check apps. In addition, the digital twin system provides information on individual wear parts, such as, for example, converters or gears.

These latest developments have been very favourably received by Monforts customers, especially in Europe.

50th anniversary
The very first Heimtextil – the leading trade fair for the home textiles market – was also held in Frankfurt in January 1971 and Monforts customers Bierbaum Group and Konrad Hornschuch AG are amongst the German companies who were there from the very start and have attended every annual show since.

Bierbaum Group, based in Borken, is the company behind the well-known Irisette bedding brand and is celebrating its own 125th anniversary in 2020. It has also introduced products bearing the German government’s new Grüner Knopf textile seal of approval for sustainable production.

As a specialist in synthetic leathers for home surfaces, as well as vehicle interiors, Konrad Hornschuch AG, of Weissbach, has been a member of the €44 billion automotive giant Continental AG since 2016.

Representatives from both companies received memorial trophies at a special presentation held on January 7th during the 50th anniversary Heimtextil show.

The home textiles market remains very strong in Germany, with sales amounting to some €9.6 billion in 2019, according to analyst IFH Cologne.

Global growth
The first Heimtextil in 1971 was a significant success, attracting 679 exhibitors from 26 countries.

This year’s show, however, attracted a total of 2,952 exhibitors from 66 countries, reflecting not only the growth of the home textiles industry, but also the globalisation which has taken place over the last half century.

Monforts now has customers for its advanced finishing technologies around the world, with home textile customers from India and Pakistan being particularly well represented at Heimtextil 2020.

Among stand outs from Indian companies at this year’s show was the 2020 collection of Welspun India’s famous Christy England brand, inspired by botanical studies of the gardens of British stately homes. Welspun towels meanwhile benefit from the company’s HygroCotton hollow core yarn technology, produced by a proprietary spinning method which ensures they become softer, fluffier and more absorbent after every wash.

An equally ground-breaking new technology is being introduced by Trident Group, which is one of India’s largest vertically-integrated home textiles manufacturers and two years ago installed five complete Monforts finishing ranges for its new linen department.

Trident’s patented Air Rich yarns feature pores throughout their cross sections for high breathability and absorbency, as well as rapid drying.

Monforts home textile customers from Pakistan stressed the resource efficiency of their processes and products as a result of investments in advanced technology, and during the show the ‘Sustainable Pakistan’ initiative was announced.

Supported by GIZ, the German Society for International Cooperation, the initiative aims to reshape global perceptions of Pakistan’s manufacturers and their innovations. So far, twenty producers have been carefully chosen to be presented on this global platform and will help rebrand Pakistan’s textile industry at the Heimtextil exhibitions going forward.

Heimtextil’s organiser Messe Frankfurt also announced its own new alliance with the United Nations Office for Partnerships, in order to support the UN’s Sustainable Development Goals.

Constancy
Many things have changed since 1971 and home interiors are certainly no longer predominantly orange and brown – and perhaps unlikely to ever become so again.

It’s clear, however, that there has been a constancy in the push to consistently improve textile technologies, processes and products that may have originated in Europe, but have subsequently spread around the world.

And the significance of both microprocessors and sustainability in 2020 could only have been guessed at back in 1971.

 

Messe Frankfurt (HK): Intertextile Shanghai Home Textiles Messe Frankfurt (HK) Ltd: Intertextile Shanghai Home Textiles August
Messe Frankfurt (HK): Intertextile Shanghai Home Textiles
15.01.2020

Messe Frankfurt (HK) Ltd: Intertextile Shanghai Home Textiles August 2020

Intertextile Shanghai Home Textiles – Autumn Edition will return from 24 – 26 August 2020 at the National Exhibition and Convention Center (Shanghai), organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Home Textile Association (CHTA). Stepping into its 26th edition, the trade fair will provide exhibitors the perfect opportunity to introduce new products and expand their distribution networks, as well as serving as a source of information and inspiration for professionals in every aspect of the industry.
 
Celebrating its 25th anniversary last August, the Autumn Edition of Intertextile attracted 1,147 exhibitors from 27 countries & regions, as well as 35,390 trade buyers from 117 countries & regions (2018: 104), reflecting the increasing internationalism of Messe Frankfurt’s textile fairs in China, and the growing opportunities for international suppliers to meet a wide range of buyers in Shanghai. The trade fair’s capacity to attract large and diverse crowds has reinforced its status as the leading business platform for the home textile industry in the Asia Pacific region.
 

Intertextile Shanghai Home Textiles – Autumn Edition will return from 24 – 26 August 2020 at the National Exhibition and Convention Center (Shanghai), organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Home Textile Association (CHTA). Stepping into its 26th edition, the trade fair will provide exhibitors the perfect opportunity to introduce new products and expand their distribution networks, as well as serving as a source of information and inspiration for professionals in every aspect of the industry.
 
Celebrating its 25th anniversary last August, the Autumn Edition of Intertextile attracted 1,147 exhibitors from 27 countries & regions, as well as 35,390 trade buyers from 117 countries & regions (2018: 104), reflecting the increasing internationalism of Messe Frankfurt’s textile fairs in China, and the growing opportunities for international suppliers to meet a wide range of buyers in Shanghai. The trade fair’s capacity to attract large and diverse crowds has reinforced its status as the leading business platform for the home textile industry in the Asia Pacific region.
 
In the next edition, a large collection of quality Chinese companies, as well as premier overseas brands will once again present the entire spectrum of home and contract textile products including:

  • Textile editors
  • Whole Home Products
  • Windows & Upholstery
  • Bedding, Bath, Kitchen & Table
  • Carpets & Rugs
  • Sun-Protection
  • Wallcovering
  • Digital Print & Technics
  • Fibers, Yarns & Chemicals
  • Textile Designs

Opportunities abound in China’s home textiles market
 
“The upcoming Autumn Edition of Intertextile is set to offer suppliers and buyers the best platform to capture new business opportunities, especially as we continue to focus on bringing together more key players from the textiles, interiors, architecture and hospitality sectors in China and internationally,” Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd said.
 
“Over the years, Intertextile has been evolving from a traditional trade fair to an immersive and interactive experience that inspires and engages attendees. Today, the fair is more than a business platform; it also delivers state-of-the-art home trends, valuable networking opportunities, as well as innovative and strategic solutions for brand development through a series of fringe programme events,” Ms Wen further explained.
 
As one of the selected exhibitors featured in the Talks & Tours series at the 2019 fair, Mr Thomas Luys, Sales Manager of LIBECO-LAGAE: “We had quite a diverse range of visitors, including an increase in e-commerce buyers, but also more traditional upholstery fabrics buyers. Our booth was also part of the Talks & Tours, so it was important to tell our story to a diverse range of visitors on this tour.”
 
 
To find out more about this fair, please visit: www.intertextilehome.com.
For more information about Messe Frankfurt textile fairs worldwide, please visit: http://texpertise-network.messefrankfurt.com.

 

Source:

(c) Messe Frankfurt (HK) Ltd

Sappi Seal range with two new basis weights added (c) Sappi Europe
Sappi Seal range with two new basis weights added
16.12.2019

Sappi Seal range with two new basis weights added

Sustainable packaging solutions are a hot topic all over the world. Sappi, market leader in innovative packaging barrier and sealable papers, is already producing such solutions and can point to numerous successful examples. Demand from customers and interested parties from a wide spectrum of industries continues to grow. The world’s leading paper and paperboard manufacturer therefore recently added two new grammages to its Sappi Seal range. In addition to the 67 g/m² version, the new 85 g/m² and 100 g/m² papers enable branded goods manufacturers to package an even more extensive variety of products with this functional paper – either as primary or secondary packaging.

Sustainable packaging solutions are a hot topic all over the world. Sappi, market leader in innovative packaging barrier and sealable papers, is already producing such solutions and can point to numerous successful examples. Demand from customers and interested parties from a wide spectrum of industries continues to grow. The world’s leading paper and paperboard manufacturer therefore recently added two new grammages to its Sappi Seal range. In addition to the 67 g/m² version, the new 85 g/m² and 100 g/m² papers enable branded goods manufacturers to package an even more extensive variety of products with this functional paper – either as primary or secondary packaging.

The requirements for packaging papers are becoming increasingly demanding. They need to offer greater functionality, be environmentally friendly, recyclable and provide optimal protection for the packaged products. While many paper manufacturers are still talking about such multi-functional solutions, the innovation leader Sappi has already expanded its portfolio. The 85 g/m² and 100 g/m² grammages are now available in the Sappi Seal product family. Converters and manufacturers of food products, such as sugar, tea and confectionery, as well as non-food items, like children’s toys and DIY products, now have even more possibilities to use this functional paper and move from fossil-based materials to environmentally friendly packaging. The wide range of projects that Sappi has already completed for well-known customers, highlight its relevance for the market.

More information:
Sappi Verpackung
Source:

Ruess Group

(c) Archroma
10.12.2019

Archroma announces CEO transition

Archroma announced its transition plan for the function of Chief Executive Officer. The Board of Directors of Archroma has appointed Heike van de Kerkhof to succeed current CEO Alexander Wessels effective January 6, 2020. Mr. Wessels has held the CEO position at Archroma since the Company was established in October 2013 and will be appointed as Vice Chairman of the Company’s Board of Directors. He will also take on a Senior Advisory role within SK Capital working across its portfolio of investments, which includes Archroma.

Alexander Wessels commented, “I feel privileged to have been given the opportunity to work with SK Capital and the Archroma team over the past six and a half years, which has really been an incredible journey. We are coming off another record year in terms of profitability and the business is uniquely positioned to capitalize on its significant momentum moving forward. For me personally, this is the ideal moment to take on my next challenge and in Heike we have found the ideal person to pass the baton to. We look forward to a seamless transition and I am excited to continue to support the Company as a member of the Board of Directors.”

Archroma announced its transition plan for the function of Chief Executive Officer. The Board of Directors of Archroma has appointed Heike van de Kerkhof to succeed current CEO Alexander Wessels effective January 6, 2020. Mr. Wessels has held the CEO position at Archroma since the Company was established in October 2013 and will be appointed as Vice Chairman of the Company’s Board of Directors. He will also take on a Senior Advisory role within SK Capital working across its portfolio of investments, which includes Archroma.

Alexander Wessels commented, “I feel privileged to have been given the opportunity to work with SK Capital and the Archroma team over the past six and a half years, which has really been an incredible journey. We are coming off another record year in terms of profitability and the business is uniquely positioned to capitalize on its significant momentum moving forward. For me personally, this is the ideal moment to take on my next challenge and in Heike we have found the ideal person to pass the baton to. We look forward to a seamless transition and I am excited to continue to support the Company as a member of the Board of Directors.”

“I have a true passion for innovation and sustainability, and I am thrilled to join Archroma as its next CEO,” Heike van de Kerkhof commented. “The Company has established itself as a leader in sustainable chemistry based on its strong technology-driven product portfolio with a solid foundation to further build upon. I believe Archroma is uniquely positioned to support its customers’ manufacturing processes in a cost effective and sustainable manner. The investments made into research and technology during the first stage of SK Capital’s ownership have positioned Archroma to reach new levels of growth and success.”

More information:
Archroma Archroma US Inc
Source:

EMG-marcom

10.12.2019

Myant Announces Joint Venture with Osmotex AG

Myant Inc. and Osmotex AG have agreed to enter into a joint venture for the commercialization of Osmotex’s HYDRO_BOT active membrane technology across various textile-based applications. The integration of HYDRO_BOT with Myant’s existing portfolio of textile-based sensing and actuating capabilities opens up new possibilities across a wide range of domains including sweat/moisture management and thermal regulation.

Myant Inc. and Osmotex AG have agreed to enter into a joint venture for the commercialization of Osmotex’s HYDRO_BOT active membrane technology across various textile-based applications. The integration of HYDRO_BOT with Myant’s existing portfolio of textile-based sensing and actuating capabilities opens up new possibilities across a wide range of domains including sweat/moisture management and thermal regulation.

HYDRO_BOT technology is capable of moving 200 liters of fluid across a square meter of textile every hour via an electroosmotic process, providing a practically limitless ability to manage moisture in textile applications. Applied in conjunction with Myant’s existing capability to deliver heat via textile and to achieve effective passive moisture wicking via novel knitted structures, the combination of technologies is poised to dramatically improve the ability to regulate body temperature in applications such as personal protective equipment for workers in heavy industry, protective gear for workers in hot desert-like climates, performance wear like snow suits or skiing apparel in cold climates, footwear, motorcycling apparel, and more. In addition to apparel, significant market opportunities exist in the moisture management as applied to the automotive industry and in the healthcare industry.

“The creation of this joint venture between Myant and Osmotex reinforces our mission to develop textiles as bidirectional interfaces to the human body capable of optimizing health and performance across all spheres of life,” said Tony Chahine, founder and CEO of Myant. “Our team is excited to begin integrating HYDRO_BOT into our textiles and bringing this transformative technology to market.”

“We are excited to be working together with Myant to realize the full potential of the HYDRO_BOT technology,” said Joacim Holter, Managing Director and Chairman of the Board for Osmotex AG. “Myant’s ability to integrate our technology and to produce at scale all under one roof made them an ideal partner to help make our vision a reality.”

More information:
Myant Osmotex
Source:

Myant Inc.

09.12.2019

Updated short- and mid-term outlook

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

As a result of the slowdown in the automotive industry and the continuing low market level forecasted in the medium term, the cost structure at the Group’s headquarters in Winterthur, Switzerland, has been adjusted, among other things, by selective staff reduction. To further reinforce new mobility activities, they will be concentrated at the Research and Technology Center in Winterthur. This will include the relocation of the Competence Center New Mobility from Sunnyvale (CA), USA, to Winterthur.

Due to the continuing losses of Business Group North America, Autoneum expects a net loss for the financial year 2019 in the high double-digit million range. In addition to current operating losses, this also includes one-time charges from impairments which are not cash-effective. To achieve the Group’s mid-term targets announced in March (“2019 Year of tidying, 2020 Year of transition, 2021 Return to sound profitability level), an additional year will therefore be needed.

More information:
Autoneum Management AG
Source:

Autoneum Management AG

  100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™ (c) ROICA™
100% NATURE by Calida round neck t-shirt & boxer shorts with ROICA™ V550
02.12.2019

100% NATURE” collection by CALIDA ‘stretches’towards a sustainable future with ROICA ™

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100 % NATURE” collection by Calida reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude.

Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand Calida reaches the 100% of sustainability thanks to the premium stretch fiber  ROICA™ delivers ultimate hyper-performance in both stretch and sustainability.

Cellulose-based premium materials are blended with ROICA™ V550; the non-toxic-release* innovation in sustainable elastic fibers, matching the need for elasticity , quality , comfort with the request for sustainability and respect for the environment.

ROICA™ V550 is part of ROICA Eco-Smart™ family, the latest and cutting edge range of ROICA™, the premium stretch fiber for the modern wardrobe by leading innovator Asahi Kasei.

“100% NATURE” is certified CRADLE TO CRADLE™, which means that raw materials can be used time and again in an ongoing biological cycle. CALIDA is also the first clothing brand worldwide to be awarded the ‘MADE IN GREEN by OEKO-TEX®’ label, which is based on compliance with strict social responsibility and ecological criteria and certifies that the textiles carrying the label have been tested for harmful substances.

Source:

GB Network Marketing & Communication

Bemberg™ presents the original material for modern living © GB Network
20.11.2019

Bemberg™ presents the original material for modern living

  • Première Vision New York - 21st to 22nd of January 2020.

Bemberg™ is pleased to present a full range of new fabric innovations at Première Vision New York. Made by Asahi Kasei, the company is the sole maker of this one-of-a-kind, matchless, high-tech natural material, with a unique and precious touch and feel.

During this edition of Première Vision New York attendees will discover a full range of new fabric innovations from international partners.

Bemberg™ proposal will especially focus on Velutine Evo for shell fabrics, the new technically advanced finishing refinement technology developed in the Japanese laboratories of Asahi Kasei that offers a premium finish to the best qualities of the classic Bemberg™ peach skin touch. As part of the company’s continuous innovation, Velutine Evo brings better environmental, energy and water profiles for the benefit of Bemberg™ partners in the manufacture of their ranges. It sets a new benchmark for everyday luxury with a new generation of fibrillation technology.

The unique circularity of Bemberg™

  • Première Vision New York - 21st to 22nd of January 2020.

Bemberg™ is pleased to present a full range of new fabric innovations at Première Vision New York. Made by Asahi Kasei, the company is the sole maker of this one-of-a-kind, matchless, high-tech natural material, with a unique and precious touch and feel.

During this edition of Première Vision New York attendees will discover a full range of new fabric innovations from international partners.

Bemberg™ proposal will especially focus on Velutine Evo for shell fabrics, the new technically advanced finishing refinement technology developed in the Japanese laboratories of Asahi Kasei that offers a premium finish to the best qualities of the classic Bemberg™ peach skin touch. As part of the company’s continuous innovation, Velutine Evo brings better environmental, energy and water profiles for the benefit of Bemberg™ partners in the manufacture of their ranges. It sets a new benchmark for everyday luxury with a new generation of fibrillation technology.

The unique circularity of Bemberg™

Bemberg™ is made from a cotton linter bio-utility material, a natural derived source, and a truly unique one in the smart fiber arena that doesn’t deplete forestry resources. And apart from the exquisite and precious touch of Bemberg™ fabrics, visitors will see the unique circularity of Bemberg™ from its source, manufacture and end-of-life credentials, supported by the LCA study, signed by ICEA and validated by Paolo Masoni, confirming a new quality profile and standard with a more responsible and unique position today. Full GRS certification, Oeko-Tex 100, ISO 14001, & Eco-Mark. Bemberg™ also has a new Compostability Certification.

The Innovhub-SSI report confirms Bemberg™ filaments disintegrate at 100% value Twithin the limits specified by the UNI EN 13432, point A.3.1 for disintegration in composting. Also, a new Ecotoxicity metric to EN 13432:2000 Annex E, the compost obtained from the Bemberg™ filaments according to ISO 16929:2013 revealed no ecotoxicity effect.  The Bemberg™ filaments tested for heavy metals and other toxic hazardous substances and was found to comply with tests specified by the UNI EN 13432, for the substances listed in table A.1.

(c) Archroma
15.11.2019

ARCHROMA at ChromaTexChem India 2019

Archroma will be at ChromaTexChem India 2019 to present its latest innovations and solution systems aimed to help textile manufacturers with optimized productivity and/or value creation in their markets. Archroma will also moderate a panel at the exhibition official conference on “Sustainable innovation in textile processing”.

At ChromaTexChem, visitors will be able to discover 24 systems developed along the principles of The Archroma Way to help them create value in their textile applications and markets.

Anjani Prasad, Head of Sales, India, Archroma, comments: “With the growing concerns about resource scarcity and product safety, brands and manufacturers in India work with us, because we continuously develop the innovations and solution systems that help them to address these challenges, increase productivity and create value for them. We do that with in mind the planet and its inhabitants, in line with the objectives of “The Archroma way": Safe, efficient, enhanced. Because it’s our nature!”

Archroma will be at ChromaTexChem India 2019 to present its latest innovations and solution systems aimed to help textile manufacturers with optimized productivity and/or value creation in their markets. Archroma will also moderate a panel at the exhibition official conference on “Sustainable innovation in textile processing”.

At ChromaTexChem, visitors will be able to discover 24 systems developed along the principles of The Archroma Way to help them create value in their textile applications and markets.

Anjani Prasad, Head of Sales, India, Archroma, comments: “With the growing concerns about resource scarcity and product safety, brands and manufacturers in India work with us, because we continuously develop the innovations and solution systems that help them to address these challenges, increase productivity and create value for them. We do that with in mind the planet and its inhabitants, in line with the objectives of “The Archroma way": Safe, efficient, enhanced. Because it’s our nature!”

More information:
Archroma ChromaTexChem 2019
Source:

EMG

12.11.2019

DyStar Exhibits Innovations at Performance Days

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to invite you to meet us at DyStar’s Booth H11 of Hall C1, Performance Days at Munich from 13 to 14 November.

Bernhard Knoche, Global Head of Brand & Retailer Management said, “This is our second time at the event, and we are elated to have five of our new developments chosen by the Jury of PERFORMANCE FORUM to be displayed on the Wall Special. Learn and find out how DyStar’s products can help you shape a more sustainable manufacturing journey with us.”

Manufacturers, Brands and Retailers will see intangible benefits from the five winning concepts featured on the Wall Special, namely DyStar CADIRA® Reactive, DYCON® HF on TENOWA® 1, DYCON HF on TENOWA 12, DYCON HF on TEXLENE®, DYCON HF on CERAMICA® GREEN.

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to invite you to meet us at DyStar’s Booth H11 of Hall C1, Performance Days at Munich from 13 to 14 November.

Bernhard Knoche, Global Head of Brand & Retailer Management said, “This is our second time at the event, and we are elated to have five of our new developments chosen by the Jury of PERFORMANCE FORUM to be displayed on the Wall Special. Learn and find out how DyStar’s products can help you shape a more sustainable manufacturing journey with us.”

Manufacturers, Brands and Retailers will see intangible benefits from the five winning concepts featured on the Wall Special, namely DyStar CADIRA® Reactive, DYCON® HF on TENOWA® 1, DYCON HF on TENOWA 12, DYCON HF on TEXLENE®, DYCON HF on CERAMICA® GREEN.

DyStar’s Cadira Reactive is a resource saving module which was first launched in 2016. The Cadira concept supports in reduction of water, waste, and energy consumption. And as another sustainable solution offering the DYCON HF series, being the most cost efficient and resource saving continuous process for cellulosics and blends with PES, PA and PU fibres.

The two-day trade fair for the functional fabrics industry highlights a wide range of solutions for Manufacturers, Brands and Retailers globally. At DyStar’s booth, we welcome you to discuss opportunities for collaborations that will help to make the industry cleaner.

More information:
DyStar Performance Days
Source:

DyStar Singapore Pte Ltd

(c) Cobra International
12.11.2019

COBRA International announces manufacturing partnership with Skeeta Foiling Craft

COBRA International, one of the world’s largest OEM manufacturers of composite products, is proud to announce its partnership with Skeeta Foiling Craft to build the new range of hydro foiling dinghies. Skeeta Foiling Craft, founded by father and son team Jim and David French, have been refining their unique concept for a simple, accessible hydro foiling dinghy in Australia since 2015. In collaboration with Dr Ian Ward’s Glide Free hydrofoil technology, Skeeta Foiling Craftdeveloped the 3.66m Skeeta and 2.9m Nikki dinghies that are available in both foiling and displacement sailing configurations, maximising the thrill of foiling in a versatile package that the whole family can use.

COBRA International, one of the world’s largest OEM manufacturers of composite products, is proud to announce its partnership with Skeeta Foiling Craft to build the new range of hydro foiling dinghies. Skeeta Foiling Craft, founded by father and son team Jim and David French, have been refining their unique concept for a simple, accessible hydro foiling dinghy in Australia since 2015. In collaboration with Dr Ian Ward’s Glide Free hydrofoil technology, Skeeta Foiling Craftdeveloped the 3.66m Skeeta and 2.9m Nikki dinghies that are available in both foiling and displacement sailing configurations, maximising the thrill of foiling in a versatile package that the whole family can use.

Jim French was determined to build the Skeeta hull using an expanded polystyrene (EPS) foam core and the single shot closed mould epoxy lamination process pioneered by the windsurf board market, making COBRA International the perfect build partner for series production. Skeeta Foiling Craft first contacted COBRA back in early 2016, when the company started developing initial hull production materials and processes that could match their targets for lightweight, durable and cost-effective construction.

More information:
COBRA Skeeta
Source:

100percentmarketing

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show (c) TINTEX
Co.Lab collections: C.L.A.S.S., TINTEX, Becri, Confetil, Pedrosa & Rodrigues
05.11.2019

TINTEX @ Performance Days: 3 cutting-edge eco-performing innovations on show

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

  • A naturally advanced collection, a cutting-edge coloration technology, and a brand-new collaborative business model.
  • TINTEX stands out at PERFORMANCE DAYS, the functional fabric fair for the sourcing in sports, work and corporate wear.
  • Performance Days, Munich, November 13th -14th, 2019 –booth C08 / hall C1

The leading jersey manufacturer brings a new holistic and sustainable approach spun from the company’s DNA and woven in the mission to create Naturally Advanced fabrics.

The WEME collection - A/W 20/21
The new statement collection goes beyond intellectual and spiritual individual needs to embrace a communal vision blurring ‘we’ and ‘me’, ‘conscious’ and unconscious’, responsible innovation and creativity. Developed around the concept sub-collections ID, Superego and EGO, the range comes in electric and active tones and combines smart ingredients and processes to drive innovation by harnessing the company’s unique dyeing and finishing expertise.

The new fabrics are made from a mix of new generation fibers that enhance free movement such as REFIBRA™ by Lenzing, Q-NOVA® by Fulgar and the unique GRS certified premium stretch ROICA™ EF.  The smartcel™ powered ID sub-collection is defined by striped structures that simulate flaws on initially smooth and perfected surfaces and provides soothing, anti-inflammatory effects thanks to the inclusion of zinc oxide, provides soothing, anti-inflammatory effects. The “EGO” selection comes in rich purples, calm lilacs and feminine yellows and features natural fibers such as organic wool. The “Superego” is available in unique styles and colours, achieved thanks to Colorzen® and the Naturally Clean® finishing. Together these enhance the natural beauty of cotton and cellulosics eliminating harsh treatments and optimizing clean surfaces with vivid colors, and an exquisitely smooth hand feel. Transformed materials take such as ECOTEC® by Marchi&Fildi take the lead saving up to 77.9% in water compared with regular cottons.

COLORAU®
TINTEX’ cutting edge color technology which received the Sustainable Solution award in the May 2019 edition of Techtextil debuts in Munich. COLORAU®  was created with a Portuguese consortium constituted by premium realities and gives life to responsibly colored fabrics with antimicrobial properties, using natural dyes extracted from different types of natural plants resources that do not use salt in the production.

COLORAU® uses only compounds of natural origin such as thyme, boldo, peppermint, chestnut and gambier in the production of functional and sustainable textiles in a variety of fibers such as cotton, lyocell and wool. An eco-efficient and low temperature surface treatment improves the affinity between the textile substrate and these natural compounds. The technology features a selection of “performing” extracts for appropriate color fastness to light and washing as well as color durability and antimicrobial functionality.

CO.LAB

TINTEX is proud to announce CO.LAB, a smart and collaborative business model and a totally new supply chain developed in coordination and with the support of C.L.A.S.S.. The first sustainable and PETA-Approved collections are 100% traceable without compromising on quality and style. As co-leader and founding actor, TINTEX has invited Becri, Confetil and Pedrosa & Rodrigues, 3 leading companies, each producing specialized garment styles. The new collections are:

  1. The ECOPERFORMER by TINTEX with Confetil collection meets the values of millennials and generation Z consumers. Sustainable, multitasking, gender neutral and designed to fit contemporary urban lifestyle. The collection comprises modern soft sports garment with fully transparent innovation values. The range flexes its muscles with the best sustainable and high-performative materials for comfort, ease and style. All selected fabrics are PeTA APPROVED VEGAN. Designed to win.
  2. ‘LEGACY H20’ by TINTEX with Becri is 100% traceable and focuses on responsible water-management.
  3. ‘SENSING SMARTS’ by TINTEX with Pedrosa & Rodrigues, a next-to-skin soft and sensual range of materials enhancing wellbeing and comfort while harnessing an innovative and responsible way of using chemical products for a greener and safest future.
Source:

GB Network Marketing & Communication

Special exhibition “Textile Future by Trevira CS” presented by studio aisslinger (c) studio aisslinger
05.11.2019

Trevira at Heimtextil 2020

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

Special features: over 30 top clients at a joint stand and a special exhibition highlighting trendsetting textile concepts for the contract market

Trevira, which manufactures high-quality, flame retardant polyester fibres, will be repeating its successful joint booth concept at the upcoming Heimtextil fair, due to take place from 7-10 January 2020 in Frankfurt. Together with 32 of its major customers, Trevira will be located on a stand of over 2000 msq in Hall 4.2.

The participants of the Trevira CS joint stand will cover the entire textile value chain: from the fibre production and yarn manufacture, to the colouring, weaving and warp and weft knitting stages, to the textile editor. Trevira’s customers will present their latest Trevira CS products for home and contract textiles at individual stands, demonstrating their contribution to the value chain. This year, Trevira welcomes a new partner to its Heimtextil stand, design and engineering specialist ima-tuve.

“We’re excited that our joint fair booth has proved to be so popular and that we are increasing the number of Trevira CS customers joining us for Heimtextil year on year. This means that we can once again look forward to displaying the extensive range of possibilities and applications available in Trevira CS,” said Trevira CEO Klaus Holz.

Trevira’s joint booth, which will be situated in Hall 4.2, immediately next to the Messe Frankfurt exhibition “Interior. Architecture. Hospitality”, will also feature a special showcase, “Textile Future by Trevira CS” especially for the contract market. To curate this special display, Trevira is proud to have secured a collaborative partnership with renowned Berlin design company studio aisslinger. The studio is known for its outstanding work in experimental and product design, innovative materials and architectural concepts.  As a designer, studio founder Werner Aisslinger is particularly interested in how the newest technologies and unusual materials can be integrated into product design. Besides a focus on furniture, his most recent projects include interior design concepts for hotels and workspaces.

More information:
heimtextil 2020 Trevira GmbH
Source:

Trevira GmbH

05.11.2019

Lenzing received several prizes at the Corona awards

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

Lenzing was awarded for the introduction of the blockchain technology for fiber identification as well as its achievements as a leading company and significant economic engine in the region

On November 4, 2019, Lenzing AG won the “Digital Corona” in Gold. The coveted business prize was awarded for the first time in this category. It is awarded to companies that have dynamically advanced the digitization of business processes, products, services and business models in recent years. At the premiere, Lenzing was delighted to receive the first prize for the introduction of the blockchain technology for fiber identification along the textile value chain.

“Consumers increasingly want to understand the ingredients and suppliers of the products they buy, requesting a new level of transparency and traceability. With the introduction of blockchain technology, Lenzing is pursuing the ambitious goal of creating full transparency across the value chain, driving change in an industry where less than five percent of the top 250 apparel brands can track their garments back to the fiber origin”, Stefan Doboczky, CEO of the Lenzing Group, says. Lenzing enables its customers and partners to identify TENCEL ™ branded fibers across each production and distribution step from fiber-to-retail. The technology also allows consumers to verify the garment composition and the underlying textile supply chain at the point of sale, simply by scanning the barcode with a mobile device. As a result, Lenzing also directly supports the business with its very sustainably produced TENCEL™ lyocell fibers.

More information:
Lenzing AG
Source:

Lenzing AG

29.10.2019

Rieter Investor Update 2019

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

Market Situation Remains Challenging
The demand for new machinery remained at a low level in the third quarter of 2019. The primary reasons are existing overcapacity in the spinning mills, the trade conflict between the USA and China, as well as political and economic uncertainties in other regions of importance to Rieter. Rieter's market share continues to be at the level of around 30%.

Real Estate Sale in Ingolstadt Successfully Completed
Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP of Düsseldorf (Germany) on September 13, 2019. Rieter expects a non-recurring profit contribution from this transaction on a net profit level of around EUR 60 million.

Outlook 2019
Rieter estimates significantly lower sales for the year 2019 as a whole compared to 2018, and expects a significant drop in the result from the ongoing business. EBIT and net profit are anticipated to be significantly above the levels of the previous year due to the non-recurring profit contribution from the sale of real estate in Ingolstadt (Germany). The cost-cutting measures introduced have been implemented to a great extent.

More information:
Rieter Holding Ltd.
Source:

Rieter Holding Ltd.

Airborne / AMAC GmbH (c) AMAC GmbH
28.10.2019

Airborne strengthens its activities in the D-A-CH region with AMAC

As of October 1st, 2019, the Netherlands-based global market leading manufacturer of advanced automation equipment and solutions for composites, Airborne, strengthens its activities particularly in German speaking countries, the so-called D-A-CH region, comprising Germany, Austria and Switzerland with Dr. Michael Effing from AMAC. The Dutch company is looking for specialised partnerships to develop and deepen its international business opportunities in the aerospace and automotive markets.

As of October 1st, 2019, the Netherlands-based global market leading manufacturer of advanced automation equipment and solutions for composites, Airborne, strengthens its activities particularly in German speaking countries, the so-called D-A-CH region, comprising Germany, Austria and Switzerland with Dr. Michael Effing from AMAC. The Dutch company is looking for specialised partnerships to develop and deepen its international business opportunities in the aerospace and automotive markets.

Airborne’s focus is on high-end composite components, at high production rates at radically low conversion costs. Airborne is building up a suite of automated solutions for the manufacturing of composites with the aim to radically reduce costs and touch labour, minimize the footprint and use of material, and improve the time to market for their clients. The company offers i.a. solutions in automated honeycomb potting, automated kitting and automated lamination of thermosets and thermoplastics. In order to develop new business opportunities in the D-A-CH region for the end-markets aerospace and automotive, Airborne is cooperating with AMAC to accelerate the process of locating suitable partnerships.

Dr. Effing, CEO of AMAC GmbH confirms: "As a first step for the establishment of Airborne on the German market, we just signed their membership at AZL in Aachen which will help to connect with over 80 companies and latest research developments. In the framework of theirstrategy to strengthen the supply to the aircraft sector, Airborne will also exhibit at the Aircraft Interiors Expo in Hamburg from March 31st to April 2nd 2020.”