From the Sector

Reset
215 results
(c) Fortum / Spinnova
15.10.2019

Fortum and Spinnova present wheat straw-based clothing

Fortum, together with the sustainable fibre technology company Spinnova have today introduced the first prototype product born out of their joint development of using wheat straw in the production of highly sustainable textile fibre.

Fortum and Spinnova are showcasing the world’s first clothing made from agricultural waste, namely wheat straw, at the Textile Exchange Sustainability Conference in Vancouver, during 15-17 October. The showpieces include a knitted t-shirt, as well as a jacket and skirt made of a woven fabric on organic cotton warp.

The prototype material is unique also due to its extremely low environmental impact from raw material extraction, processing and manufacture, verified by life-cycle analysis (LCA).

Fortum, together with the sustainable fibre technology company Spinnova have today introduced the first prototype product born out of their joint development of using wheat straw in the production of highly sustainable textile fibre.

Fortum and Spinnova are showcasing the world’s first clothing made from agricultural waste, namely wheat straw, at the Textile Exchange Sustainability Conference in Vancouver, during 15-17 October. The showpieces include a knitted t-shirt, as well as a jacket and skirt made of a woven fabric on organic cotton warp.

The prototype material is unique also due to its extremely low environmental impact from raw material extraction, processing and manufacture, verified by life-cycle analysis (LCA).

“We are very excited to present this revolutionary textile. Today, wheat straw is mostly discarded or even burned in the fields. As it can now be used in numerous textile applications, this opens up huge possibilities globally. This cooperation is a tangible step towards Fortum’s strategy to build options for significant new businesses that improve resource efficiency and provide smart solutions for a cleaner world. We would like to invite more key industry players to join us in this journey,” says Heli Antila, VP, Biobased solutions at Fortum.

“We are all very proud of this amazing collaborative accomplishment! This was a very fast journey from the first trials to real, appealing fabric materials. This shows that wheat straw-based fibre is well on its way to being a drop-in product of the most sustainable kind,” says Spinnova’s CEO Janne Poranen.

 

More information:
Fortum Spinnova
Source:

Cision

 Lenzing investiert EUR 40 Mio. in weitere Verbesserung des ökologischen Fußabdrucks am Standort Lenzing (c) Lenzing AG
09.10.2019

Lenzing invests EUR 40 mn to further improve the ecological footprint of the Lenzing site

  • Construction of a new air purification and sulfur recovery plant
  • Further improvement of the exhaust emission values at the Lenzing site
  • Important step in achieving the CO2 targets of the Lenzing Group

Lenzing – The Lenzing Group is a global leader in the climate-friendly and sustainable production of wood-based textile fibers. Lenzing announced its climate targets in August of this year. By 2030, the company aims to reduce its specific CO2 emissions per ton of manufactured pulp and fibers by 50 percent. By the year 2050, the Lenzing Group will no longer generate any net CO2 emissions.

Lenzing‘s Management Board has now resolved to invest EUR 40 mn to expand the production of the raw material sulfuric acid at the Lenzing site. This comprises an important milestone on the path towards climate neutrality. In the future, a new air purification and sulfur recovery plant will not only optimize the company’s self-sufficiency for this raw material and enhance process reliability but improve environmental protection within the context of a clear forward-looking strategy.

  • Construction of a new air purification and sulfur recovery plant
  • Further improvement of the exhaust emission values at the Lenzing site
  • Important step in achieving the CO2 targets of the Lenzing Group

Lenzing – The Lenzing Group is a global leader in the climate-friendly and sustainable production of wood-based textile fibers. Lenzing announced its climate targets in August of this year. By 2030, the company aims to reduce its specific CO2 emissions per ton of manufactured pulp and fibers by 50 percent. By the year 2050, the Lenzing Group will no longer generate any net CO2 emissions.

Lenzing‘s Management Board has now resolved to invest EUR 40 mn to expand the production of the raw material sulfuric acid at the Lenzing site. This comprises an important milestone on the path towards climate neutrality. In the future, a new air purification and sulfur recovery plant will not only optimize the company’s self-sufficiency for this raw material and enhance process reliability but improve environmental protection within the context of a clear forward-looking strategy.

Improved exhaust emission performance

The new plant represents an important contribution towards implementing the sustainability strategy of the Lenzing Group, and also helps to ensure an even higher level of environmental compatibility of all production operations at the Lenzing site. The application of state-of-the-art technologies will further improve exhaust emission values. Furthermore, the new facility will help further reduce the use of fossil fuels by generating steam which will, in turn, be converted into electricity. In this way, it will also support the energy self-sufficiency of the company’s operations in Lenzing.

Improved CO2 scorecard

As a result, the production plant in Lenzing will reduce its annual CO2 emissions by 15,000 tons. This is an important step towards further advancing the company’s ambitious plans in the coming years and also strengthen Lenzing’s leadership role as a driver of ecologically sustainable industry. “On the basis of these investments, Lenzing is taking the next step in achieving its climate targets. At the same time, it will also reach a significantly higher level of autonomy with respect to a vital raw material”, states Stefan Doboczky, Chief Executive Officer of Lenzing.

More information:
Lenzing Group Nachhaltigkeit Fasern
Source:

Lenzing AG

ILUNA Group’s precious sustainable innovation (c) ILUNA Group
25.09.2019

ILUNA Group’s precious sustainable innovation

  • Interfilière Paris, 6th-8th July 2019, booth D60

Able to offer an alchemy of design and sustainable innovation, Iluna Group with ROICA™ by Asahi Kasei join the latest edition of the Parisian tradeshow for lingerie with a range of innovations capable of combining innovation, aesthetics and quality. "Ethical" lace and stockings, where quality standards go hand in hand with fashion content, respecting both the environment and humans, an offer already selected among the protagonists of the Sustainable Thinking Exhibition of the Salvatore Ferragamo Museum, for its value in the field of responsible innovation.

  • Interfilière Paris, 6th-8th July 2019, booth D60

Able to offer an alchemy of design and sustainable innovation, Iluna Group with ROICA™ by Asahi Kasei join the latest edition of the Parisian tradeshow for lingerie with a range of innovations capable of combining innovation, aesthetics and quality. "Ethical" lace and stockings, where quality standards go hand in hand with fashion content, respecting both the environment and humans, an offer already selected among the protagonists of the Sustainable Thinking Exhibition of the Salvatore Ferragamo Museum, for its value in the field of responsible innovation.

Experts in the production of stretch lace since 1985, ILUNA today represents the largest European laces’producer. Thanks to the effectiveness of their responsible innovation strategy, Iluna Group has been the very first lace producer to have gained the GRS (Global Recycled Standard) for their transformed products, together with the company certification STeP (Sustainable Textile Production by Oeko –Tex®).
A relevant achievement for the firm that, thanks to the Green Label collection, now even richer, make responsible innovation an asset for production that focuses on smart ingredients as ROICA Eco-Smart™ family and Q-Nova® by Fulgar.

A range that culminates today in the launch of an athleisure and sporty-chic capsule collection that perfectly fit the contemporary modern wardrobe, result of a qualified and totally traceable supply chain, from yarn up to garment, based on design, sustainability and performance.

Of major interest is the fact that the Iluna fashion R&D based its strategic choice for the AI2020/2021 on the extension of the offer with new Black label’s developments between lace and embroidery, the premium R&D line.

The range of new Ultralight multicolor laces offers jacquardtronic and textronic 4 or 5 colours galloons with a 3D effect. The change of the color of thread in the background as well as in the design gives life to unique coordinated solutions for creatives. The match between expectations of brands and retailers are met always keeping as a priority the contemporary design, that is integrated to unique strategy committed to responsibility both at corporate and product level.

To ILUNA smart innovation is not just a project, its space at Interfilière where visitors will have the chance to discover the new collection and above all to experience and touch latest boundaries of lace smart innovations pursued staying true to the values the brand. Iluna team is pleased to welcome you with a special cadeaux created in collaboration with ROICA™ by Asahi Kasei.

Source:

GB Network Marketing & Communication

ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™
Aurora line by Wolford with ROICA(TM) V550
25.09.2019

ROICA™ launches its new smart strategy at Intertextile Shanghai

Shanghai - ROICA™ lands in Shanghai to showcase its complete range of premium stretch fibers for the modern wardrobe and disclose its visionary approach and strategy for a cutting-edge and sustainable fashion.

On show, leading material innovator Asahi Kasei introduces a premium stretch fiber starting from the ultimate ROICA Eco-Smart™ Family. The certified and multi-awarded range has astonished the textile world for its hyper-performative features. “The new premium stretch is synonymous of transformation: from standard to speciality, from basic to special, from ordinary to clever and from standard to Smart.” Explains Shinichiro Haga, Senior Executive Manager - ROICA™ Division.

Sustainability and a responsible approach are the true core of research and development to create high-tech engineered yarns.Such visionary imprint imbues all ROICA™ innovations:

Shanghai - ROICA™ lands in Shanghai to showcase its complete range of premium stretch fibers for the modern wardrobe and disclose its visionary approach and strategy for a cutting-edge and sustainable fashion.

On show, leading material innovator Asahi Kasei introduces a premium stretch fiber starting from the ultimate ROICA Eco-Smart™ Family. The certified and multi-awarded range has astonished the textile world for its hyper-performative features. “The new premium stretch is synonymous of transformation: from standard to speciality, from basic to special, from ordinary to clever and from standard to Smart.” Explains Shinichiro Haga, Senior Executive Manager - ROICA™ Division.

Sustainability and a responsible approach are the true core of research and development to create high-tech engineered yarns.Such visionary imprint imbues all ROICA™ innovations:

  • ROICA Eco-Smart™ family: A true world-first with the most contemporary sustainable range of responsibly produced premium ingredients. ROICA Eco-Smart™ family offers 2 sustainably designed stretch yarns

- ROICA™ EF is GRS by Textile Exchange certified, thanks to the fact that more than 50% of yarn content comes from the recycling of pre-consumer waste.
- ROICA™ V550 yarn got the Cradle-to-Cradle® Innovation Institute’s GOLD LEVEL Material Health certificate for impacts on human and environmental health. This yarn is also Hohenstein Environment Compatibility Certificated, signifying at its end-of-life, ROICA ™ yarn smartly breaks down without releasing harmful materials.

  • ROICA Feel Good™ family: A unique range of advanced stretch yarns that deliver personal performance and measurable wellness, freshness and comfort metrics for travel, sport, leisure and more.
     
  • ROICA Colour Perfect™ family: A range of yarns that can give excellent, flawless and world unique colour dimensions in advanced fit solutions.
     
  • ROICA Resistance™ family: A high performance range of stretch solutions with performance resistance designed for match particular applications.
     
  • ROICA Contour™ family: A range of yarns that create new shaping, stretch and silhouette solutions for a calibrated fit, effortless control, softness, comfort and support.

 

ROICA™ already entered the most advanced collections of leading brands as: Wolford for exceptional European Skinwear including legwear, Sarah Borghi for hosiery, SITA Active for Smart pret-a-porter,  Daquini for athleisure, Livy for sensual lingerie, SCOTT Racing Team for cycling uniforms, Closed for denim, Un-Sanctioned for running suits, Vitamine A for beachwear and many others.

In Shanghai, ROICA™ is set to stand out as leader in Smart Innovation. As tangible proof of this, the company brings to Intertextile Shanghai some of its ultimate collaborations across China and the Far East.

Source:

GB Network Marketing & Communication

(c) Rieter Holding AG
13.09.2019

Rieter Completes Real Estate Sale in Ingolstadt

  • Transaction completed in Ingolstadt
  • Extraordinary profit contribution after tax of EUR 60 million expected
  • Board of Directors approves submission of building application for Rieter CAMPUS in Winterthur
  • Project volume of around CHF 80 million expected

Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP AG of Düsseldorf (Germany) on September 13, 2019. As reported in December last year, Rieter expects an extraordinary profit contribution after tax of around EUR 60 million from this transaction.

The employees in Ingolstadt will move into a new building in the second half of 2021. Rieter will thus create a modern working environment for innovative research and development work and the respective support functions.

  • Transaction completed in Ingolstadt
  • Extraordinary profit contribution after tax of EUR 60 million expected
  • Board of Directors approves submission of building application for Rieter CAMPUS in Winterthur
  • Project volume of around CHF 80 million expected

Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP AG of Düsseldorf (Germany) on September 13, 2019. As reported in December last year, Rieter expects an extraordinary profit contribution after tax of around EUR 60 million from this transaction.

The employees in Ingolstadt will move into a new building in the second half of 2021. Rieter will thus create a modern working environment for innovative research and development work and the respective support functions.

On September 13, 2019, the Board of Directors of Rieter Holding Ltd. has made the decisions required for the building application regarding the Rieter CAMPUS project to be submitted in good time. The Rieter CAMPUS in Winterthur will consolidate customer center, product and technology development and administration. Rieter expects to implement the project with a project volume of around CHF 80 million. Archaeological excavations and the demolition of the building “Werkhalle 40” are currently underway.

The Rieter CAMPUS will make an important contribution to the implementation of the innovation strategy and thus to the successful further development of the company. Approval of the building application is expected in spring of 2020.

 

More information:
Rieter Holding Ltd.
Source:

Rieter Holding AG

(c) C.L.A.S.S.
13.09.2019

C.L.A.S.S. brings forward the state of the art of smart fashion in Paris

The new generation of smart - and water saving! – cotton, an innovative brand-new collaborative business model bringing companies together to create smart and sustainable collections for the wardrobe, a textile ‘bank’ to inspire and empower creatives committed to design responsible fashion and more…

C.L.A.S.S. – the acronym for Creativity Lifestyle and Sustainable Synergy - is the global resource for smart material innovation, education, marketing and communication. Founded by Giusy Bettoni - entrepreneur, innovator as well as Première Vision’s sustainability consultant - the platform has become an influential player supporting leading textile and fashion companies to develop, establish and narrate their true sustainable commitment. In Paris, C.L.A.S.S. will bring forward its vision and strategy with a set of initiatives, talks and projects.

“For the third time, we will join Première Vision’s SMART CREATION district with a triple mission: providing all strategic tools to trigger change, raising awareness on sustainability and bringing companies and professionals together to share the ultimate smart innovation.” Explains Giusy Bettoni.

The new generation of smart - and water saving! – cotton, an innovative brand-new collaborative business model bringing companies together to create smart and sustainable collections for the wardrobe, a textile ‘bank’ to inspire and empower creatives committed to design responsible fashion and more…

C.L.A.S.S. – the acronym for Creativity Lifestyle and Sustainable Synergy - is the global resource for smart material innovation, education, marketing and communication. Founded by Giusy Bettoni - entrepreneur, innovator as well as Première Vision’s sustainability consultant - the platform has become an influential player supporting leading textile and fashion companies to develop, establish and narrate their true sustainable commitment. In Paris, C.L.A.S.S. will bring forward its vision and strategy with a set of initiatives, talks and projects.

“For the third time, we will join Première Vision’s SMART CREATION district with a triple mission: providing all strategic tools to trigger change, raising awareness on sustainability and bringing companies and professionals together to share the ultimate smart innovation.” Explains Giusy Bettoni.

Source:

GB Network Marketing & Communication

Iluna Group (c) Iluna Group
12.09.2019

ILUNA Group’s precious sustainable innovation

Able to offer an alchemy of design and sustainable features, Iluna Group with ROICA™ by Asahi Kasei join the latest edition of Première Vision with a range of developments capable of combining innovation, aesthetics and quality. "Ethical" lace and stockings, where quality standards go hand in hand with fashion content, respecting both the environment and humans, an offer already selected among the protagonists of the Sustainable Thinking Exhibition of the Salvatore Ferragamo Museum, for its value in the field of responsible innovation.

Visitors will discover the unique Black Label range: new Ultralight multicolor laces including Jacquardtronic, Textronic and raschels up to 12 colors with a 3D effect. The match between expectations of brands and retailers are met always keeping as a priority the contemporary design, that is integrated to unique strategy committed to responsibility both at corporate and product level.

Able to offer an alchemy of design and sustainable features, Iluna Group with ROICA™ by Asahi Kasei join the latest edition of Première Vision with a range of developments capable of combining innovation, aesthetics and quality. "Ethical" lace and stockings, where quality standards go hand in hand with fashion content, respecting both the environment and humans, an offer already selected among the protagonists of the Sustainable Thinking Exhibition of the Salvatore Ferragamo Museum, for its value in the field of responsible innovation.

Visitors will discover the unique Black Label range: new Ultralight multicolor laces including Jacquardtronic, Textronic and raschels up to 12 colors with a 3D effect. The match between expectations of brands and retailers are met always keeping as a priority the contemporary design, that is integrated to unique strategy committed to responsibility both at corporate and product level.

More information:
ILUNA Group
Source:

GB Network

LENZING™ fibers are fully biodegradable in water, soil and compost (c) Lenzing
30.08.2019

LENZING™ fibers are fully biodegradable in water, soil and compost

  • Organic Waste Systems and TÜV confirm fiber biodegradability also in fresh water
  • All white LENZING™ Viscose, Modal and Lyocell fibers are now certified for all environments
  • Global legislators aim at limiting plastic waste persisting in the environment for centuries
  • EU Single-Use Plastics Directive partly regulates usage of plastic products
  • Biodegradable materials such as wood-based fibers are the best alternative to single-use plastics

The Lenzing Group received confirmation of the full biodegradability of its fibers in fresh water by the independent research laboratory Organic Waste Systems (OWS). The new and existing international certifications conducted by OWS and issued by TÜV Austria verify that LENZING™ Viscose fibers, LENZING™ Modal fibers and LENZING™ Lyocell fibers are biodegradable in all natural and industrial environments: in the soil, compost as well as in fresh and in marine water.

  • Organic Waste Systems and TÜV confirm fiber biodegradability also in fresh water
  • All white LENZING™ Viscose, Modal and Lyocell fibers are now certified for all environments
  • Global legislators aim at limiting plastic waste persisting in the environment for centuries
  • EU Single-Use Plastics Directive partly regulates usage of plastic products
  • Biodegradable materials such as wood-based fibers are the best alternative to single-use plastics

The Lenzing Group received confirmation of the full biodegradability of its fibers in fresh water by the independent research laboratory Organic Waste Systems (OWS). The new and existing international certifications conducted by OWS and issued by TÜV Austria verify that LENZING™ Viscose fibers, LENZING™ Modal fibers and LENZING™ Lyocell fibers are biodegradable in all natural and industrial environments: in the soil, compost as well as in fresh and in marine water.

The biodegradability of cellulosic products and the synthetic fiber polyester was tested in fresh water at OWS according to valid international standards, e.g. ISO 14851. At the end of the trial period, LENZING™ wood-based cellulosic fibers, cotton and paper pulp were shown to be fully biodegradable in fresh water in contrast to synthetic polyester fibers. The fact that synthetic materials are not biodegradable leads to major problems in wastewater treatment plants and potentially marine litter. In turn, this not only harms fish and birds living in and close to the oceans but also all marine organisms and us humans.

“The Lenzing Group operates a truly circular business model based on the renewable raw material wood to produce biodegradable fibers returning to nature after use. This complete cycle comprises the starting point of the core value of sustainability embedded in our company strategy sCore TEN and is the ‘raison d’etre’ of our company”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “In living up to this positioning, we not only enhance the business of our suppliers, customers and partners along the value chain but also improve the state of the entire textile and nonwovens industries.”

Both the textile and nonwovens industries face huge challenges with respect to littering. If current trends continue, the oceans could contain more plastic than fish by 2050. Therefore, legislative bodies worldwide can no longer ignore the issue and have moved towards plastics legislation aimed at limiting the vast amount of waste. In response, European lawmakers issued the Single-Use Plastics Directive currently being transposed into national legislation in the EU member states.

Conventional wet wipes and hygiene products mostly contain plastic and were thus identified as one of the product categories to be singled out. Less polluting alternatives are generally encouraged by NGOs and legislators, e.g. products made of biodegradable wood-based cellulosic fibers. Plastic waste including microplastic can persist in the environment for centuries. In contrast, biodegradable materials are the best alternative to single-use plastics because they fully convert back to nature by definition and thus do not require recycling.

Source:

Corporate Communications & Investor Relations
Lenzing Aktiengesellschaft

08.08.2019

Lenzing solid in a significantly more challenging market environment

  • Continued positive development of specialties business with revenue share of already more than 48 percent
  • Commitment to long-term growth plan – investment in new 100,000 tons plant in Thailand approved
  • Significantly more challenging market environment for standard viscose with historically low prices
  • Outlook for 2019 confirmed

The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue. The disciplined implementation of the sCore TEN strategy and the focus on specialty fibers continue to have a positive impact. Thanks to ongoing high demand for sustainably produced specialty fibers and positive currency effects, the impact of low standard viscose prices was largely offset in earnings.

  • Continued positive development of specialties business with revenue share of already more than 48 percent
  • Commitment to long-term growth plan – investment in new 100,000 tons plant in Thailand approved
  • Significantly more challenging market environment for standard viscose with historically low prices
  • Outlook for 2019 confirmed

The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue. The disciplined implementation of the sCore TEN strategy and the focus on specialty fibers continue to have a positive impact. Thanks to ongoing high demand for sustainably produced specialty fibers and positive currency effects, the impact of low standard viscose prices was largely offset in earnings.

More information:
Lenzing Group
Source:

Lenzing AG

26.07.2019

Expansion of pulp production at the Lenzing site successfully completed

  • Production capacities increased to 320,000 tons p.a.
  • Investments of EUR 60 mn enhance self-sufficiency and strengthen autonomy from market prices
  • Project serves as a significant economic driver in the region

Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested EUR 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year. The coming on stream of the additional pulp capacities over the past weeks strengthens Lenzing’s self-supply of pulp in accordance with the sCore TEN corporate strategy.

  • Production capacities increased to 320,000 tons p.a.
  • Investments of EUR 60 mn enhance self-sufficiency and strengthen autonomy from market prices
  • Project serves as a significant economic driver in the region

Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested EUR 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year. The coming on stream of the additional pulp capacities over the past weeks strengthens Lenzing’s self-supply of pulp in accordance with the sCore TEN corporate strategy.

“The successful expansion brings us closer to achieving our strategic objective of increasing our self-supply of pulp to a level of 75 percent, thus making us even more resistant to price fluctuations in sourcing pulp”, says Stefan Doboczky, CEO of the Lenzing Group. “We are also pleased that this project enables us to make a further significant contribution towards strengthening the Lenzing site as well as the regional economy”, Mr. Doboczky adds.

The expansion drive was completed in less than two years. In addition to 100 Lenzing Group employees, numerous external partner companies from Upper Austria and neighboring regions were involved in implementing the project. About 40,000 working days were needed by external companies in order to install the delivered machinery on site. The Lenzing Group secured additional jobs due to the pre-production work required in the factories of these suppliers.

In line with the corporate strategy of the Lenzing Group, the self-supply of dissolving wood pulp will be successively increased in the coming years to 75 percent of consumption. At present, Lenzing’s own pulp plants in Lenzing and Paskov (Czech Republic) cover 60 percent of the Group’s pulp requirements. The Lenzing site primarily makes use of beech wood which is not suitable for producing furniture, whereas it mainly relies on spruce wood in the Czech Republic. The remaining dissolving wood pulp is sourced from a variety of hardwoods and softwoods from international partners. In this case, in the spirit of sustainability, Lenzing applies procurement rules which are just as strict as when it purchases wood for its own pulp production.

Source:

Lenzing AG

17.04.2019

Lenzing’s Annual General Meeting resolves an unchanged dividend and special dividend

This year’s Annual General Meeting of Lenzing AG resolved today, Thursday, April 17, 2019, to distribute a dividend of EUR 3.00 per share as well as a special dividend totaling EUR 2.00 per share. On balance, the dividend will amount to EUR 5.00 per no-par value share for the 2018 financial year (compared to EUR 5.00 per share in the previous year). The dividend payment is scheduled to take place on April 25, 2019, whereas ex-dividend day is on April 23, 2019.

The Annual General Meeting also adopted a resolution discharging the members of the Management Board and the Supervisory Board for the 2018 financial year, and also resolved upon the remuneration to be paid to the Supervisory Board members for the 2018 and 2019 financial years. KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was appointed to serve as the auditor of the annual and consolidated financial statements for the 2019 financial year.

This year’s Annual General Meeting of Lenzing AG resolved today, Thursday, April 17, 2019, to distribute a dividend of EUR 3.00 per share as well as a special dividend totaling EUR 2.00 per share. On balance, the dividend will amount to EUR 5.00 per no-par value share for the 2018 financial year (compared to EUR 5.00 per share in the previous year). The dividend payment is scheduled to take place on April 25, 2019, whereas ex-dividend day is on April 23, 2019.

The Annual General Meeting also adopted a resolution discharging the members of the Management Board and the Supervisory Board for the 2018 financial year, and also resolved upon the remuneration to be paid to the Supervisory Board members for the 2018 and 2019 financial years. KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was appointed to serve as the auditor of the annual and consolidated financial statements for the 2019 financial year.

Effective at the end of this Annual General Meeting, Hanno Bästlein, the previous Chairman of the Supervisory Board, as well as Christoph Kollatz have retired from the Supervisory Board at their own request. “We would like to thank Hanno Bästlein and Christoph Kollatz for their dedicated work on the Supervisory Board of Lenzing AG. Thanks to their expertise, they made a major contribution to important strategic decisions in the company. During his four years as Chairman of the Supervisory Board, Hanno Bästlein decisively supported the strategy of the Lenzing Group and thus contributed to the enhanced resilience of the company based on the expansion with specialty fibers”, says Stefan Doboczky, Chief Executive Officer of Lenzing AG.

Source:

Lenzing AG

04.04.2019

TINTEX awarded ‘IAPMEI’ innovation accolade for 2019

TINTEX is this year recipient of the unique and prestigious annual recognition from The “Instituto de Apoio às Pequenas e Médias Empresas e à Inovação” (IAPMEI). TINTEX has been selected in recognition of its pioneering, Naturally Advanced global leadership, and the company’s superior and responsible fabric making for a fashion system that is driven by investments, transparency and fully traceable innovation.

TINTEX is pleased to open its doors as the Naturally Advanced centre of excellence in the latest IAPMEI OPEN DAY for textile leaders, protagonists, media and customers to experience, understand and enjoy the unique achievements TINTEX offers to the contemporary Portuguese textiles industry .
“We selected TINTEX to underline the importance of taking advantage of digitization and modernization at different levels in the textile industry being stunned by their commitment, shedding light on our territory’s most advanced and responsible processes and skills” José Marques dos Santos, president of IAPMEI.

TINTEX is this year recipient of the unique and prestigious annual recognition from The “Instituto de Apoio às Pequenas e Médias Empresas e à Inovação” (IAPMEI). TINTEX has been selected in recognition of its pioneering, Naturally Advanced global leadership, and the company’s superior and responsible fabric making for a fashion system that is driven by investments, transparency and fully traceable innovation.

TINTEX is pleased to open its doors as the Naturally Advanced centre of excellence in the latest IAPMEI OPEN DAY for textile leaders, protagonists, media and customers to experience, understand and enjoy the unique achievements TINTEX offers to the contemporary Portuguese textiles industry .
“We selected TINTEX to underline the importance of taking advantage of digitization and modernization at different levels in the textile industry being stunned by their commitment, shedding light on our territory’s most advanced and responsible processes and skills” José Marques dos Santos, president of IAPMEI.

In a fast moving globalized market, all companies must be able to adapt quickly and using innovation, creativity, and responsibility can help deliver successes. And here TINTEX can network between Technological Centers, Universities, and Knowledge Centers, as a strategic business and holistic imperative. And so sharing the Naturally Advanced strategy of TINTEX as a driver for change, IAPMEI recognizes this TINTEX OPEN DAY as a demonstration of practical market potential, and has partnered with CENTI  (Centre for Nanotechnology and Smart Materials the Institute for New Technologies) and CITEVE (an institution of national and international reference for the promotion of Innovation and Technological Development) as a way to guarantee this success.
 
Being able to drive material innovation, and to promote a new generation of sustainable values to contemporary fashion, active, sports and lingerie markets through responsible supply chains can be transformative for our future fashion systems, and TINTEX is proud to be selected as part of the Make Fashion Circular initiative by the Ellen MacArthur Foundation, helping  to better activate these changes across the fashion industry for all to enjoy.

More information:
Tintex, campaign, Fashion
Source:

GB Network Marketing & Communication

03.04.2019

Beaulieu Fibres International UltraBond finalist for essenscia Innovation Award 2019

  • essenscia Innovation Award is Belgium’s most prestigious prize for industrial innovation
  • UltraBond is a cost-effective solution for fully recyclable, latex-free, sustainable carpets
  • Significant reductions in ecological footprint and cost for carpet manufacturers

Beaulieu Fibres International, Europe’s largest producer of polyolefin fibres, was nominated for the 2019 essenscia Innovation Award for its recently introduced UltraBond fibre.

The biannual award is the most prestigious prize for industrial innovation in Belgium. Created by essenscia, the Belgian Federation for Chemistry and Life Sciences industries, it aims to promote innovations in the Belgian industry and encourages companies to invest even more in innovative and sustainable products and applications. During the evaluation of the nominated innovation projects, the jury assesses their link with chemistry, life sciences and materials, their contribution to sustainable development, their intellectual property management strategy as well as their added value for the economy.

  • essenscia Innovation Award is Belgium’s most prestigious prize for industrial innovation
  • UltraBond is a cost-effective solution for fully recyclable, latex-free, sustainable carpets
  • Significant reductions in ecological footprint and cost for carpet manufacturers

Beaulieu Fibres International, Europe’s largest producer of polyolefin fibres, was nominated for the 2019 essenscia Innovation Award for its recently introduced UltraBond fibre.

The biannual award is the most prestigious prize for industrial innovation in Belgium. Created by essenscia, the Belgian Federation for Chemistry and Life Sciences industries, it aims to promote innovations in the Belgian industry and encourages companies to invest even more in innovative and sustainable products and applications. During the evaluation of the nominated innovation projects, the jury assesses their link with chemistry, life sciences and materials, their contribution to sustainable development, their intellectual property management strategy as well as their added value for the economy.

Formally introduced in early 2019, UltraBond is a patented polyolefin bonding staple fibre that eliminates the need for latex or other chemical binders to bond nonwovens. It enables carpet manufacturers to create 100% PP needlepunch carpets that meet the same performance requirements as traditional constructions, while also reducing end-of-life environmental impact.

UltraBond helps manufacturers make a significant contribution to the circular economy through the production of 100% recyclable carpets. In addition to making recycled PP available for the plastics production chain and reduced waste generation, their total lack of water use and reduced energy use result in significant environmental advantages and financial savings. There is also a reduction in the VOC level of the carpet. This all leads to a significant reduction in a needlepunch carpet’s ecological footprint to the tune of a 35% reduction in CO2 emissions during the full production process.

Source:

Beaulieu International Group

26.03.2019

TINTEX awarded prestigious ‘IAPMEI’ innovation accolade for 2019

TINTEX is this year sole recipient of the unique and prestigious annual award from The “Instituto de Apoio às Pequenas e Médias Empresas e à Inovação” (IAPMEI). TINTEX has been selected in recognition of its pioneering, Naturally Advanced global leadership, and the company’s superior and responsible fabric making for a fashion system that is driven by investments, transparency and fully traceable innovation.

TINTEX is pleased to open its doors as the Naturally Advanced centre of excellence in the latest IAPMEI OPEN DAY for textile leaders, protaganists, media and customers to experience, understand and enjoy the unique achievements TINTEX offers to the contemporary Portuguese textiles industry . “We selected TINTEX to underline the importance of taking advantage of digitization and modernization at different levels in the textile industry being stunned by their commitment, shedding light on our territory’s most advanced and responsible processes and skills” José Marques dos Santos, president of IAPMEI.

TINTEX is this year sole recipient of the unique and prestigious annual award from The “Instituto de Apoio às Pequenas e Médias Empresas e à Inovação” (IAPMEI). TINTEX has been selected in recognition of its pioneering, Naturally Advanced global leadership, and the company’s superior and responsible fabric making for a fashion system that is driven by investments, transparency and fully traceable innovation.

TINTEX is pleased to open its doors as the Naturally Advanced centre of excellence in the latest IAPMEI OPEN DAY for textile leaders, protaganists, media and customers to experience, understand and enjoy the unique achievements TINTEX offers to the contemporary Portuguese textiles industry . “We selected TINTEX to underline the importance of taking advantage of digitization and modernization at different levels in the textile industry being stunned by their commitment, shedding light on our territory’s most advanced and responsible processes and skills” José Marques dos Santos, president of IAPMEI.

In a fast moving globalized market, all companies must be able to adapt quickly and using innovation, creativity, and responsibility can help deliver successes. And here TINTEX can network between Technological Centers, Universities, and Knowledge Centers, as a strategic business and holistic imperative. And so sharing the Naturally Advanced strategy of TINTEX as a driver for change, IAPMEI recognizes this TINTEX OPEN DAY as a demonstration of practical market potential, and has partnered with CENTI  (Centre for Nanotechnology and Smart Materials the Institute for New Technologies) and CITEVE (an institution of national and international reference for the promotion of Innovation and Technological Development) as a way to guarantee this success.
 
Being able to drive material innovation, and to promote a new generation of sustainable values to contemporary fashion, active, sports and lingerie markets through responsible supply chains can be transformative for our future fashion systems, and TINTEX is proud to be selected as part of the Make Fashion Circular initiative by the Ellen MacArthur Foundation, helping  to better activate these changes across the fashion industry for all to enjoy.

More information:
TINTEX circular economy
Source:

GB Network Marketing & Communication

20.03.2019

Lenzing AG: New members proposed for appointment to the Supervisory Board

  • Christian Bruch and Stefan Fida proposed to serve as new members of the Supervisory Board
  • Hanno Bästlein and Christoph Kollatz will resign from their positions on the Supervisory Board at the upcoming Annual General Meeting

Prior to the Annual General Meeting of the publicly traded company Lenzing AG scheduled for April 17, 2019, the Nomination Committee dealt with the future composition of the Supervisory Board. It has proposed that the Annual General Meeting appoint Christian Bruch to serve on the Supervisory Board. Mr. Bruch has been a member of the Executive Board of Linde AG since 2015 and a member of the Management Committee of Linde plc since 2019. The graduate in mechanical engineering will contribute his extensive experience in plant engineering and various technical and management positions in internationally operating industrial companies. The Viennese lawyer Stefan Fida has also been nominated as a future member of the Supervisory Board.

  • Christian Bruch and Stefan Fida proposed to serve as new members of the Supervisory Board
  • Hanno Bästlein and Christoph Kollatz will resign from their positions on the Supervisory Board at the upcoming Annual General Meeting

Prior to the Annual General Meeting of the publicly traded company Lenzing AG scheduled for April 17, 2019, the Nomination Committee dealt with the future composition of the Supervisory Board. It has proposed that the Annual General Meeting appoint Christian Bruch to serve on the Supervisory Board. Mr. Bruch has been a member of the Executive Board of Linde AG since 2015 and a member of the Management Committee of Linde plc since 2019. The graduate in mechanical engineering will contribute his extensive experience in plant engineering and various technical and management positions in internationally operating industrial companies. The Viennese lawyer Stefan Fida has also been nominated as a future member of the Supervisory Board.

As previously announced, Hanno Bästlein will resign from his position on the Supervisory Board at the upcoming Annual General Meeting in order to be able to increasingly devote his attention to his own business activities. Christoph Kollatz will also step down from the Supervisory Board for professional reasons at the Annual General Meeting in April 2019.

“We would like to thank Hanno Bästlein and Christoph Kollatz for their dedicated work on the Supervisory Board of Lenzing AG. Thanks to their expertise, they made a major contribution to important strategic decisions in the company. During his four years as Chairman of the Supervisory Board, Hanno Bästlein decisively supported the strategy of the Lenzing Group and thus contributed to the enhanced resilience of the company based on the expansion with specialty fibers”, says Stefan Doboczky, Chief Executive Officer of Lenzing AG.

 

More information:
Lenzing Group
Source:

Lenzing AG

05.03.2019

Lenzing Management Board proposes unchanged dividend and special dividend

  • Basic dividend to remain constant at EUR 3.00 per share
  • Special dividend of EUR 2.00 proposed once again

The Management Board of Lenzing AG, market leader in the production of specialty fibers made from the renewable raw material wood, has resolved to propose to the Annual General Meeting that the following dividend be distributed to shareholders for the 2018 financial year: a basic dividend of EUR 3.00 per share and a special dividend of EUR 2.00 per share.

This dividend proposal reflects the good implementation of the corporate strategy sCore TEN and the company’s strong balance sheet. Performance indicators and the outlook of Lenzing AG for the current financial year will be published on March 14, 2019.

The total dividend payout to shareholders will amount to about EUR 133 mn, subject to the acceptance of the proposal by the Supervisory Board at its meeting scheduled for March 13, 2019 for the purpose of approving the consolidated financial statements as well as the approval granted by Lenzing AG shareholders at the Annual General Meeting on April 17, 2019.

  • Basic dividend to remain constant at EUR 3.00 per share
  • Special dividend of EUR 2.00 proposed once again

The Management Board of Lenzing AG, market leader in the production of specialty fibers made from the renewable raw material wood, has resolved to propose to the Annual General Meeting that the following dividend be distributed to shareholders for the 2018 financial year: a basic dividend of EUR 3.00 per share and a special dividend of EUR 2.00 per share.

This dividend proposal reflects the good implementation of the corporate strategy sCore TEN and the company’s strong balance sheet. Performance indicators and the outlook of Lenzing AG for the current financial year will be published on March 14, 2019.

The total dividend payout to shareholders will amount to about EUR 133 mn, subject to the acceptance of the proposal by the Supervisory Board at its meeting scheduled for March 13, 2019 for the purpose of approving the consolidated financial statements as well as the approval granted by Lenzing AG shareholders at the Annual General Meeting on April 17, 2019.

More information:
Lenzing AG
Source:

Lenzing AG

Representatives of FM Global Management and Beaulieu Fibres International at the Award ceremony on February 20, 2019. (c) Beaulieu International Group
Representatives of FM Global Management and Beaulieu Fibres International at the Award ceremony on February 20, 2019.
22.02.2019

Beaulieu Fibres awarded FM Global “Highly Protected Risk” (HPR) status

  • HPR is the highest status a plant can achieve for fire risk prevention and protection
  • The site Beaulieu Fibres International is the fourth in the Beaulieu International Group to reach HPR status
  • Underlines Group’s commitment to risk prevention at B.I.G. sites & to reinforcing our strong business contingency plan

Beaulieu Fibres International, one of the leading polyolefin staple fibre producers, is pleased to announce the achievement of Highly Protected Risk (HPR) status for its production site in Wielsbeke, a designation that means a facility meets the highest industry standards for property protection.

HPR status was awarded by FM Global, Beaulieu International Group’s (B.I.G.) industrial property and business interruption insurer for the past three years. The company offers B.I.G a unique concept that supports the Group in reducing its exposure to loss and increasing its business resilience. A dedicated worldwide team of engineers focuses on providing assistance and protection of its assets, helping the Group to achieve a higher level of risk protection.

  • HPR is the highest status a plant can achieve for fire risk prevention and protection
  • The site Beaulieu Fibres International is the fourth in the Beaulieu International Group to reach HPR status
  • Underlines Group’s commitment to risk prevention at B.I.G. sites & to reinforcing our strong business contingency plan

Beaulieu Fibres International, one of the leading polyolefin staple fibre producers, is pleased to announce the achievement of Highly Protected Risk (HPR) status for its production site in Wielsbeke, a designation that means a facility meets the highest industry standards for property protection.

HPR status was awarded by FM Global, Beaulieu International Group’s (B.I.G.) industrial property and business interruption insurer for the past three years. The company offers B.I.G a unique concept that supports the Group in reducing its exposure to loss and increasing its business resilience. A dedicated worldwide team of engineers focuses on providing assistance and protection of its assets, helping the Group to achieve a higher level of risk protection.

The Beaulieu Fibres International site produces high performance fibres for a large variety of applications and market segments. It scored exceptionally well in its FM Global assessment which focused on aspects including fire protection, protection against natural hazards, mechanical breakdown of machinery, cyber risks and consequent business interruption.

Its overall risk mark of 83 ranks it within the top 25% of its industry for fire risk prevention and protection.

Commenting on the Award, Maria Teresa Tomaselli, Global Sales Director Fibres, said: “This HPR fibre production site reinforces strongly our supply chain security and demonstrates our engagement towards our customers and partners. Our contingency planning and risk management are essential, well-considered elements within our long-term business strategy to demanding sectors such as Automotive, Geotextiles, Flooring industries.”

 

(c) Lenzing AG
04.02.2019

Lenzing partners with TaFF to open design space for fashion leaders

  • Strategic collaboration in a prominent location on Orchard Road
  • TENCEL™ Studio will host showroom featuring fashion from TENCEL™ fibers
  • Cooperation underpins new branding strategy to reach out to consumers
  • Chain of innovation and application centers in Asia completed

Lenzing/Singapore – The Lenzing Group, world market leader in specialty fibers from wood, will partner with the Textile and Fashion Federation Singapore (TaFF) to offer Singapore’s designers a hub to present themselves and make the TENCEL™ brand more accessible to consumers. The collaboration was announced last week at the opening ceremony of Design Orchard attended by Chan Chun Sing, Minister for Trade and Industry of Singapore.

  • Strategic collaboration in a prominent location on Orchard Road
  • TENCEL™ Studio will host showroom featuring fashion from TENCEL™ fibers
  • Cooperation underpins new branding strategy to reach out to consumers
  • Chain of innovation and application centers in Asia completed

Lenzing/Singapore – The Lenzing Group, world market leader in specialty fibers from wood, will partner with the Textile and Fashion Federation Singapore (TaFF) to offer Singapore’s designers a hub to present themselves and make the TENCEL™ brand more accessible to consumers. The collaboration was announced last week at the opening ceremony of Design Orchard attended by Chan Chun Sing, Minister for Trade and Industry of Singapore.

“Lenzing is excited to work with TaFF on The Cocoon Space and its programs. Our cooperation with fashion designers is an important element in showcasing the sustainability promise of our flagship brand TENCEL™ to consumers. It comprises an integral part of Lenzing’s commitment to green-up the fashion industry”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “Singapore is a strategic hub for Lenzing in Asia, and we are proud to contribute towards taking Singapore’s fashion scene to greater heights.”

Source:

Lenzing AG

(c) Archroma
31.01.2019

CARLIN x ARCHROMA COLLABORATION AT PREMIERE VISION PARIS WITH SHARED BOOTH AND SNEAK PREVIEW AT FW 2021 COLOR TRENDS

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, and Carlin, the trend office who pioneered trend forecasting back in 1947, are heading together to Premiere Vision Paris, where they share a booth fully dedicated to color creativity, inspiration and performance.
Carlin is well known in France and abroad for its "trend-oriented" expertise from brand strategy and collection design, to color creation and trend forecasting. Carlin serves famous brands in the fashion, cosmetic or sportswear industry, such as GAP, Empreinte, Byredo, Birchbox, or Samsung.

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, and Carlin, the trend office who pioneered trend forecasting back in 1947, are heading together to Premiere Vision Paris, where they share a booth fully dedicated to color creativity, inspiration and performance.
Carlin is well known in France and abroad for its "trend-oriented" expertise from brand strategy and collection design, to color creation and trend forecasting. Carlin serves famous brands in the fashion, cosmetic or sportswear industry, such as GAP, Empreinte, Byredo, Birchbox, or Samsung.

Carlin x Archroma collaboration
Archroma launched the 'Color Atlas by Archroma®' in 2016, a unique tool dedicated to providing fashion designers and stylists with off-the-shelf color inspiration that can be implemented in production with just a few clicks.
The Color Atlas contains 4,320 colors on cotton poplin, and online, almost double compared to similar tools available to textile and fashion specialists. More brands are turning to the Color Atlas and Archroma for color creation and implementation, such as American Eagle Outfitters, Athleta, Express, and Lands’ End.
Archroma and Carlin started their collaboration in July 2018. Carlin is using the color references of the Color Atlas during its color workshops throughout France, as well as in its 20 yearly publications.
At Premiere Vision, Archroma and Carlin will be together in one exhibition space, allowing visitors to enjoy a full consultation from color trends to color inspiration to color implementation from the first mood board all the way into production.

More information:
Archroma Carlin
Source:

Archroma

(c) Chomarat
05.12.2018

CHOMARAT obtains certification for environmental & energy management with ISO 14001 and ISO 50001

CHOMARAT, the specialist in composite & construction reinforcements and coated fabrics, has demonstrated the Group’s determination to pursue a sustainable process by earning environmental management (ISO 14001) and energy management (ISO 50001) certification for its French sites. “By obtaining both ISO 14001 and ISO 50001 certification, CHOMARAT now has a tested and standardized framework for developing an effective, sustainable environmental and energy management strategy,” says CHOMARAT Environment and Energy Manager Laurent VÉRITÉ.

CHOMARAT, the specialist in composite & construction reinforcements and coated fabrics, has demonstrated the Group’s determination to pursue a sustainable process by earning environmental management (ISO 14001) and energy management (ISO 50001) certification for its French sites. “By obtaining both ISO 14001 and ISO 50001 certification, CHOMARAT now has a tested and standardized framework for developing an effective, sustainable environmental and energy management strategy,” says CHOMARAT Environment and Energy Manager Laurent VÉRITÉ.

Minimizing environmental impacts & optimizing energy use
ISO 50001 certification is validation of efficient energy management, with the bonus of lower energy consumption and the tools needed to address a warming climate. ISO 14001 certification is based on standards and requirements, and it constitutes an international benchmark for environmental management systems. “CHOMARAT is committed to a responsible and sustainable process for all of its activities in France. With ISO 14001 certification, the Group is incorporating environmental requirements into its management and production systems,” explains CHOMARAT France CEO Raphaël LAURENT.

Pursuing a long-term strategy
This twofold certification is in keeping with CHOMARAT’s long-term vision. “Our strategy is implemented through new investments and international development. But the Group is also actively involved in sustainable development and a sustainable innovation initiative,” explains Raphaël LAURENT. Measures that have been implemented include reducing the noise level, preventing pollution risks and improving waste management. Fluorescent lighting has been replaced by LEDs; new, more energy-efficient equipment has been installed; and the heating and air-conditioning ductwork has been insulated to reduce fuel-oil consumption.
“It is thanks to the combined efforts of all CHOMARAT’s teams that we were able to obtain these two certifications. For us, this is our first milestone towards a sustainable economy,” concludes Laurent VÉRITÉ.

More information:
CHOMARAT
Source:

Agence APOCOPE