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22.10.2021

Rieter Investor Update 2021

  • Order intake of CHF 698.6 million in third quarter 2021
  • Order intake of CHF 1 673.9 million after nine months
  • Acquisition of the three Saurer businesses on schedule
  • Credit lines renewed early
  • Outlook 2021

The positive market dynamics, which Rieter has already reported on several occasions, continued in the third quarter of the current year. Rieter recorded an order intake of CHF 698.6 million in the third quarter of 2021 (2020: CHF 174.4 million).

  • Order intake of CHF 698.6 million in third quarter 2021
  • Order intake of CHF 1 673.9 million after nine months
  • Acquisition of the three Saurer businesses on schedule
  • Credit lines renewed early
  • Outlook 2021

The positive market dynamics, which Rieter has already reported on several occasions, continued in the third quarter of the current year. Rieter recorded an order intake of CHF 698.6 million in the third quarter of 2021 (2020: CHF 174.4 million).

The order intake of CHF 1 673.9 million after nine months corresponds to an increase of 294% compared to the prior year period (2020: CHF 425.1 million).
 
The market development is broadly supported at the global level and is based on a catch-up effect from 2019 and 2020 in combination with a regional shift in demand. Rieter believes that a major reason for this regional shift in demand is the development of costs in China. This is leading to increased investments outside the Chinese market. The orders came primarily from Turkey, Latin America, India, Pakistan and China. Overall, Rieter is benefitting from its innovative product range and the global positioning of the company.

The Business Group Machines & Systems achieved an order intake totaling CHF 1 281.6 million in the first nine months of 2021 (+447%).*

In the first nine months of 2021, the Business Group Components recorded an increase of 95% to CHF 227.0 million, while the Business Group After Sales posted an order intake of CHF 165.3 million, an increase of 123% compared to the prior year period.*

Acquisition of the three Saurer businesses on schedule
The acquisition of the three businesses from Saurer, which Rieter announced on August 16, 2021, is proceeding according to plan. The incoming orders for these businesses are not taken into account in this trading update.
 
Credit lines renewed early
The Rieter Group arranged the early renewal of the existing committed credit lines (five-year term, totaling CHF 250 million).
 
Outlook 2021*
The first nine months of 2021 were characterized by a rapid market recovery combined with a regional shift in demand. Rieter expects the demand for new systems to gradually return to normal in the coming months.  
 
For the full year 2021, Rieter anticipates sales of around CHF 900 million.

* See attached document for more information.

More information:
Rieter spinning Fibers yarn
Source:

Rieter Management AG

ANDRITZ to supply a neXline wetlace hybrid line to Albaad, Israel © ANDRITZ
Albaad orders neXline wetlace hydrid - handshake at INDEX show
20.10.2021

ANDRITZ to supply a neXline wetlace hybrid line to Albaad, Israel

International technology group ANDRITZ has received an order from Albaad Massuot Yitzhak Ltd. to supply a neXline wetlace hybrid line for their Dimona facilities, Israel. The line will produce a wide variety of pulp-based wet wipes and is scheduled for start-up during the third quarter 2023.

The state-of-the-art neXline wetlace hybrid is the perfect combination of inline drylaid and wetlaid web forming with hydroentanglement and drying, including quality control equipment and a Metris Industry 4.0 package. All components will be delivered by ANDRITZ and are designed to produce first-class fabrics, including biodegradable, carded-pulp and flushable/dispersible nonwovens for end uses as wipes.

Tobias Schäfer, Vice President Sales at ANDRITZ Nonwoven, comments: “Our innovative production line gives Albaad enormous flexibility in the production of wipes. In addition, the Metris digitalization package by ANDRITZ will provide Albaad with highly efficient and smart operation.”

International technology group ANDRITZ has received an order from Albaad Massuot Yitzhak Ltd. to supply a neXline wetlace hybrid line for their Dimona facilities, Israel. The line will produce a wide variety of pulp-based wet wipes and is scheduled for start-up during the third quarter 2023.

The state-of-the-art neXline wetlace hybrid is the perfect combination of inline drylaid and wetlaid web forming with hydroentanglement and drying, including quality control equipment and a Metris Industry 4.0 package. All components will be delivered by ANDRITZ and are designed to produce first-class fabrics, including biodegradable, carded-pulp and flushable/dispersible nonwovens for end uses as wipes.

Tobias Schäfer, Vice President Sales at ANDRITZ Nonwoven, comments: “Our innovative production line gives Albaad enormous flexibility in the production of wipes. In addition, the Metris digitalization package by ANDRITZ will provide Albaad with highly efficient and smart operation.”

Dan Mesika, CEO and President of Albaad, says: “We are dedicated to developing new products – such as eco-friendly, biodegradable wipes. As pioneering manufacturers of our Hydrofine® flushable wipes, we are committed to environmental sustainability. Thanks to the new ANDRITZ line, we will enlarge the product portfolio at our Dimona production site with innovative fabrics and high efficiency.

Gadi Choresh, President of the Nonwovens Division at Albaad, says: “Our knowledge and experience in drylaid and wetlaid technology, together with the state-of-the-art equipment supplied by ANDRITZ, will enable us to provide the market with natural-source nonwovens and the best answer to the market demand.”
 
Albaad is one of the world’s three largest wet wipe manufacturers and is committed to delivering excellent wipes for every need. The company runs world-leading production facilities on three continents, each equipped with the latest technologies. Albaad produces spunlace and flushable fabrics in its facilities as well as purchasing from other roll goods suppliers in order to support production of a wide variety of wipes.

(c) Montalvo Corporation
Russ Hall, North America Director of Sales & Service
20.10.2021

Montalvo names new North America Director of Sales & Service

Montalvo, international specialists in web tension control, has promoted Russ Hall to North America Director of Sales & Service.  Mr. Hall’s primary responsibilities are overseeing Montalvo’s North America sales team by building, managing, and maintaining new business strategies. In addition, Mr. Hall will be developing relationships with our existing and new industry partners.

Mr. Hall holds an undergraduate degree in Biomedical Technology and a graduate degree in NGO Leadership & Development. Over the last 30 years, Mr. Hall has held service, sales, and management positions with multiple technology companies. Mr. Hall joined the Montalvo technical and sales team two years ago.

Montalvo, international specialists in web tension control, has promoted Russ Hall to North America Director of Sales & Service.  Mr. Hall’s primary responsibilities are overseeing Montalvo’s North America sales team by building, managing, and maintaining new business strategies. In addition, Mr. Hall will be developing relationships with our existing and new industry partners.

Mr. Hall holds an undergraduate degree in Biomedical Technology and a graduate degree in NGO Leadership & Development. Over the last 30 years, Mr. Hall has held service, sales, and management positions with multiple technology companies. Mr. Hall joined the Montalvo technical and sales team two years ago.

More information:
Montalvo web tension control
Source:

Montalvo Corporation

Kornit Digital introduces Presto MAX for sustainable on-demand production (c) Kornit Digital
20.10.2021

Kornit Digital introduces Presto MAX for sustainable on-demand production

Kornit Digital Ltd. announced the release of its Kornit Presto MAX system for sustainable on-demand production of apparel and other textile goods. The new system will make its live debut at Kornit Fashion Week Los Angeles + Industry 4.0 Event, which the company is hosting November 2-5 to showcase technology innovations, partnerships, and proven strategies driving the business case for sustainable, on-demand production of fashion and textile goods worldwide.

Kornit Presto MAX is the first digital print system to offer white printing on colored fabrics, enhancing decoration capabilities for dark colored fabrics more broadly. It is the only single-step solution for direct-to-fabric printing, delivering the highest quality and softest feel with brilliant whites and brighter neon colors. The system is ready to incorporate future iterations and evolutions of XDi technology—3D decorative applications to produce threadless embroidery, high-density, vinyl, screen transfer, and other innovative effects.

Kornit Digital Ltd. announced the release of its Kornit Presto MAX system for sustainable on-demand production of apparel and other textile goods. The new system will make its live debut at Kornit Fashion Week Los Angeles + Industry 4.0 Event, which the company is hosting November 2-5 to showcase technology innovations, partnerships, and proven strategies driving the business case for sustainable, on-demand production of fashion and textile goods worldwide.

Kornit Presto MAX is the first digital print system to offer white printing on colored fabrics, enhancing decoration capabilities for dark colored fabrics more broadly. It is the only single-step solution for direct-to-fabric printing, delivering the highest quality and softest feel with brilliant whites and brighter neon colors. The system is ready to incorporate future iterations and evolutions of XDi technology—3D decorative applications to produce threadless embroidery, high-density, vinyl, screen transfer, and other innovative effects.

Kornit Presto MAX is compatible with natural fabrics, synthetics, and blends, and includes advanced algorithms for smart autonomous calibration, to deliver high-quality results with short cycle times and minimal manual interruptions or defects. The system was devised for compatibility with the KornitX global fulfillment ecosystem to enable anywhere, anytime production, supporting a true distributed production model that fulfills nearer the end consumer, eliminating time and logistical waste from the experience while empowering brands to ensure quality and consistency across all systems and production sites.

Kornit Presto MAX provides the cornerstone of a smart, efficient, sustainable EcoFactory that empowers producers to cover and integrate more parts of the process, from design to finished product, to decrease their carbon footprint, use minimum manpower, and generate less waste. This means eliminating excessive time, labor, and shipping throughout the value chain, enabling proximity production to meet the accelerated demands of a web-driven global marketplace—revealing new sales channels and clever business models to grow the business long-term.

Sappi: Digital printing as next topic of the Blue Couch Series (c) Sappi Europe
19.10.2021

Sappi: Digital printing as next topic of the Blue Couch Series

Digital printing is gaining in importance and increasingly relegating conventional printing methods to the bench. In the new episode of the Blue Couch Series, Sappi and the Durst Group, two seasoned industry leaders, explain what is behind the success of this printing method and which markets offer the greatest future potential for digital printing.

The new challenges manufacturers are currently facing include a growing demand for faster production and delivery, an ever-increasing variety of products, small production volumes and the trend towards more personalised campaigns.

In the latest episode of the Blue Couch Series, Andrea Riccardi, Head of Product Management at Durst, as well as Paola Tiso, Sappi’s Head of Sales Digital Solutions, and Luis Mata, Sales Director Packaging & Digital Solutions, will be talking about how digital printing can meet market demands for timely production with shorter runs and high flexibility, while reducing production costs through changed production processes.

Digital printing is gaining in importance and increasingly relegating conventional printing methods to the bench. In the new episode of the Blue Couch Series, Sappi and the Durst Group, two seasoned industry leaders, explain what is behind the success of this printing method and which markets offer the greatest future potential for digital printing.

The new challenges manufacturers are currently facing include a growing demand for faster production and delivery, an ever-increasing variety of products, small production volumes and the trend towards more personalised campaigns.

In the latest episode of the Blue Couch Series, Andrea Riccardi, Head of Product Management at Durst, as well as Paola Tiso, Sappi’s Head of Sales Digital Solutions, and Luis Mata, Sales Director Packaging & Digital Solutions, will be talking about how digital printing can meet market demands for timely production with shorter runs and high flexibility, while reducing production costs through changed production processes.

One focus will be on the growing market for corrugated boards. Viewers will learn how the exponential growth of e-commerce and the growing pressure for more sustainable solutions are fuelling innovations for the digitalisation of packaging. The other main topic, digital dye sublimation printing, also offers a wide range of benefits to manufacturers in the interior design, decoration, visual communication, sports and fashion sectors and supports the industry's requirements to produce more sustainably.  

The “Digital Printing – far more than just a printing process” episode will air on 2 November at 10am (CET) at: www.sappi-bluecouch.com.

Source:

Sappi Europe

13.10.2021

Sales partnership for Switzerland starts at Fakuma 2021

  • Polynova to gain market share for the GRAFE Group in the Swiss region from November The GRAFE Group, Blankenhain, has found a new sales representative for Switzerland in Polynova Group AG, Risch-Rotkreuz (Switzerland).

The partnership will be officially launched at Fakuma 2021. "Our new Swiss agency specialises in the distribution and production of high-quality technical plastic granulates and has been active on the market for more than 20 years. The company has a large customer base and the necessary technical expertise to advance our goals in this important market. This includes raising our profile, educating people about our product range and ultimately gaining market share," says Stefanie Theuerkauf, Sales Manager for the D-A-CH region. Polynova employs five sales staff and three in logistics, all of whom have a technical background. The company's own warehouse in Rothenburg also ensures the availability of the plastics.

  • Polynova to gain market share for the GRAFE Group in the Swiss region from November The GRAFE Group, Blankenhain, has found a new sales representative for Switzerland in Polynova Group AG, Risch-Rotkreuz (Switzerland).

The partnership will be officially launched at Fakuma 2021. "Our new Swiss agency specialises in the distribution and production of high-quality technical plastic granulates and has been active on the market for more than 20 years. The company has a large customer base and the necessary technical expertise to advance our goals in this important market. This includes raising our profile, educating people about our product range and ultimately gaining market share," says Stefanie Theuerkauf, Sales Manager for the D-A-CH region. Polynova employs five sales staff and three in logistics, all of whom have a technical background. The company's own warehouse in Rothenburg also ensures the availability of the plastics.

"GRAFE fits perfectly into our product portfolio," says Thomas Weigl, co-owner and responsible for business development at the Swiss distribution company, whose employees recently underwent intensive training in Blankenhain. "Our customers come from the sports goods, housing technology, automotive supplier and medical technology sectors - there are many synergies with GRAFE." Weigl himself has extensive experience in the masterbatch sector and has worked for two companies in the industry - Sukano and Americhem - as managing director. "Swiss companies want Swiss contact persons. We speak the languages German, Italian and French, are on site in the shortest possible time, offer direct contact and understand the needs of the customers and the requirements of the market," he explains. "Polynova is thus faster, closer and more direct." "The Swiss market is large and important for us," reports Theuerkauf and Weigl explains the background: "There are over 300 plastics processors, many are family-run and very technically oriented. The origins of the companies are often in the watch industry and in the production of the smallest precision parts such as gear wheels. In addition, coffee machine manufacturers, medical technology providers and automotive suppliers are important market players. A large number of well-known OEMs are located here."

Even though there are already masterbatch manufacturers in the Alpine country, says the sales expert, no one has the know-how to adjust compounds and masterbatches as perfectly and precisely as the company from Thuringia. In addition to a complete range of colours on practically all plastic substrates, flame retardants, UV additives, thermal stabilisers or lubricants are further examples of the extensive product portfolio. GRAFE is one of the specialists in the modification of thermoplastics and is an innovation driver in the production of colour masterbatches. "The technical possibilities in terms of a state-of-the-art technical centre and production machinery, as well as one of the largest research and development departments in the industry, are also not to be found elsewhere on the Swiss market. Our task now is to bring these to the attention of domestic customers," says Thomas Weigl, co-owner of Polynova AG together with founder Renato R. Huebscher.

Source:

GRAFE Advanced Polymers GmbH

12.10.2021

ALUMO to become wholly-owned subsidiary of AG Cilander

Two long-established companies are joining forces: as of October 2021, textile finishing specialist AG Cilander from Herisau, Switzerland, will acquire 100 percent of ALUMO AG, an Appenzell-based manufacturer known for producing ultra-fine cotton fabrics to exacting Swiss quality standards.

The textile finishing industry is an environment in which quality, new technologies and a keen interest in innovative textile solutions play a crucial role. In this business, strong, reliable alliances with customers and partners are vital pillars to allow growth while still satisfying the high expectations set for the materials used. By acquiring ALUMO AG, the world leader in ultra-fine cotton fabrics, AG Cilander expands into a new market segment, setting the course for successfully broadening its product portfolio and tapping into new sales markets.

Both companies can look back on a long tradition of expertise in the textile industry, and their partnership has been a very successful one for years.

Two long-established companies are joining forces: as of October 2021, textile finishing specialist AG Cilander from Herisau, Switzerland, will acquire 100 percent of ALUMO AG, an Appenzell-based manufacturer known for producing ultra-fine cotton fabrics to exacting Swiss quality standards.

The textile finishing industry is an environment in which quality, new technologies and a keen interest in innovative textile solutions play a crucial role. In this business, strong, reliable alliances with customers and partners are vital pillars to allow growth while still satisfying the high expectations set for the materials used. By acquiring ALUMO AG, the world leader in ultra-fine cotton fabrics, AG Cilander expands into a new market segment, setting the course for successfully broadening its product portfolio and tapping into new sales markets.

Both companies can look back on a long tradition of expertise in the textile industry, and their partnership has been a very successful one for years.

ALUMO AG will continue to operate as an independent company based in Appenzell, keeping the same strategic direction in the fabrics offered and the same standards for excellence in service and quality.

More information:
AG Cilander ALUMO
Source:

crystal communications

Hexcel and HP Composites Collaborate to Develop Class A Body Panels (c) Hexcel
2020-Alfa-Giulia-GTAm
29.09.2021

Hexcel and HP Composites Collaborate to Develop Class A Body Panels

Hexcel has collaborated with HP Composites S.p.A (HP Composites), a world leader in the production of carbon fiber components for automotive and motorsports, to develop carbon fiber Class A body panels. Hexcel HexPly® XF surfacing technology is being extensively used by the Italian component producer to manufacture external body panels and other components for supercars such as Alfa Romeo’s stunning new supersport sedans, the Giulia GTA, and GTAm.

With five production plants in Italy, HP Composites has built an impressive track record of high-performance composite successes on both road and racetrack. HP has combined this processing expertise with Hexcel HexPly® XF3 surfacing material, HexPly® M47, and HexPly® M49 prepregs, working to the highest standards set by the most prestigious supercar OEMs and leading motorsport teams.

Hexcel has collaborated with HP Composites S.p.A (HP Composites), a world leader in the production of carbon fiber components for automotive and motorsports, to develop carbon fiber Class A body panels. Hexcel HexPly® XF surfacing technology is being extensively used by the Italian component producer to manufacture external body panels and other components for supercars such as Alfa Romeo’s stunning new supersport sedans, the Giulia GTA, and GTAm.

With five production plants in Italy, HP Composites has built an impressive track record of high-performance composite successes on both road and racetrack. HP has combined this processing expertise with Hexcel HexPly® XF3 surfacing material, HexPly® M47, and HexPly® M49 prepregs, working to the highest standards set by the most prestigious supercar OEMs and leading motorsport teams.

Hexcel’s automotive composites portfolio is the result of decades of industry experience and the creation of strategic partnerships to develop and optimize leading-edge technologies. HexPly XF3 is an epoxy prepreg surface material, developed with processing input from the HP Composites team to address the challenges of producing high-quality Class A automotive body panel surfaces with excellent resistance to aging tests.

Applied as the first ply in the mold and after curing at 120-180˚C in an autoclave, HexPly XF3 produces a smooth part surface with no porosity, that requires minimal preparation for painting.

HexPly XF3 is supplied in an easy-to-handle roll format with good tack and drapability. After curing, it can be easily prepared for painting with a rapid sanding process. HP Composites has incorporated automated robotic sanding techniques for this finishing stage with the paint-ready HexPly XF3 surface providing excellent paint adhesion according to EN ISO 2409.

HP Composites typically uses autoclave processing for HexPly XF3 parts, maximizing weight savings and structural performance of the final components. In addition, HP has also developed its own proprietary press and compression molding processes, including Air Press Moulding® technology, compatible with HexPly XF3 and other HexPly prepregs for higher volume production series that require increased production rates.

“Our long-term experience has given us a detailed understanding of the critical features that influence how prepregs and surfacing technologies interact with different production processes,” said Abramo Levato, General Manager, HP Composites S.p.A. “The relationship we have with Hexcel is both highly technical and highly supportive. As a result we have a complete material package for high-quality Class A body panels that are formulated specifically with our requirements in mind.”

“Combining the expertise of HP with a strong technical interaction and collaborative dialogue, Hexcel and HP were together able to develop the optimum HexPly XF surfacing technology,” said Claude Despierres, VP Sales and Marketing, Hexcel. “With HexPly XF3 we satisfy the toughest industry standards.”

27.09.2021

Baldwin realigns sales teams for customers’ needs

In a move to optimize interactions and simplify customer access to one of the printing industry’s largest portfolios of process-improvement and consumables technologies, Baldwin Technology Company Inc. is excited to announce changes across its print and packaging sales teams for Europe, the Middle East, Africa and Russia, as well as the Americas, effective October 1. After this realignment, customers will benefit from having a single point of contact for all of Baldwin’s product lines.

“Effective October 1, our sales teams in EMEAR and the Americas will be realigned to cover smaller regional geographies, and our regional teams will have access to the full Baldwin portfolio of equipment, consumables and service products, as well as industry product expertise, powered by our new Industry 4.0 AMP IoT (Internet of Things) data-aggregation and process-monitoring software platform,” said Peter Hultberg, Baldwin’s Chief Commercial Officer. “This means our customers will have a single sales point of contact for all products, while simplifying their access to the technical experts throughout our business.”

In a move to optimize interactions and simplify customer access to one of the printing industry’s largest portfolios of process-improvement and consumables technologies, Baldwin Technology Company Inc. is excited to announce changes across its print and packaging sales teams for Europe, the Middle East, Africa and Russia, as well as the Americas, effective October 1. After this realignment, customers will benefit from having a single point of contact for all of Baldwin’s product lines.

“Effective October 1, our sales teams in EMEAR and the Americas will be realigned to cover smaller regional geographies, and our regional teams will have access to the full Baldwin portfolio of equipment, consumables and service products, as well as industry product expertise, powered by our new Industry 4.0 AMP IoT (Internet of Things) data-aggregation and process-monitoring software platform,” said Peter Hultberg, Baldwin’s Chief Commercial Officer. “This means our customers will have a single sales point of contact for all products, while simplifying their access to the technical experts throughout our business.”

Source:

Baldwin Technology Company Inc.

Asahi Kasei to reshape its ROICA™ premium stretch fiber business global production strategy (c)ROICA™
ROICA™ premium stretch fiber
22.09.2021

Asahi Kasei to reshape its ROICA™ premium stretch fiber business global production strategy

  • Asahi Kasei Corporation markets premium stretch fiber under the brand of ROICA™, with superior performance features enabled by integrated production from raw material to yarn based on its advanced technology.
  • The specialized global holding operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with strategic sales facilities around the world.

With deep regret, Asahi Kasei has taken the decision to restructure its production strategy in order to face the new, unexpected and critical market situation. As part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH in Dormagen, will be discontinued by March 31, 2022.
 

  • Asahi Kasei Corporation markets premium stretch fiber under the brand of ROICA™, with superior performance features enabled by integrated production from raw material to yarn based on its advanced technology.
  • The specialized global holding operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with strategic sales facilities around the world.

With deep regret, Asahi Kasei has taken the decision to restructure its production strategy in order to face the new, unexpected and critical market situation. As part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH in Dormagen, will be discontinued by March 31, 2022.
 
Recognizing the paramount importance of the European market, especially when it comes to smart innovation where ROICA™ is a leader, and with the goal of continuing the excellent longtime work with valued partners, customers and supply chains, Asahi Kasei will continue to develop sales, technical and marketing services in Europe through Asahi Kasei Europe, the European regional headquarters of the Asahi Kasei Group. It will especially focus on ROICA™ added value products manufactured at its ROICA™ production sites in Asia.
 
Through this process, Asahi Kasei will reshape the efficiency and productivity of its global ROICA™ operation by keeping a strong focus on responsible innovation and sustainability in close communication, and safeguarding its business partners.
 
As a manufacturer of superior quality, highly functional and sustainable ROICA™ products, Asahi Kasei will continue its journey of responsible innovation aiming to provide solutions to the textile industry and to contemporary consumers, by enhancing production capabilities and expertise at the global sites supported by an expert, wise and efficient company.

More information:
ROICA™ Asahi Kasei Fibers
Source:

GB Network

01.09.2021

CHT Group generates 62% of 2020 sales with sustainable products

  • Sustainability Report 2020 published

As an internationally positioned company, the CHT Group is one of the leading suppliers of speciality chemicals. The company supplying chemical products for the most diverse applications and industries, presented their annual edition of the Sustainability Report, for the period January to December 2020,

The report has been prepared in accordance with the standards of the Global Reporting Initiative (GRI) and is based on the Core option. The focus is on human resources development, energy and water consumption as well as company-wide emissions and waste management.

Particularly noteworthy here is the group-wide reduction in specific resource consumption in the areas under review. In relation to the volume produced, for example, the following key figures show the reduction of environmental impacts:

  • Sustainability Report 2020 published

As an internationally positioned company, the CHT Group is one of the leading suppliers of speciality chemicals. The company supplying chemical products for the most diverse applications and industries, presented their annual edition of the Sustainability Report, for the period January to December 2020,

The report has been prepared in accordance with the standards of the Global Reporting Initiative (GRI) and is based on the Core option. The focus is on human resources development, energy and water consumption as well as company-wide emissions and waste management.

Particularly noteworthy here is the group-wide reduction in specific resource consumption in the areas under review. In relation to the volume produced, for example, the following key figures show the reduction of environmental impacts:

  • 21% share of renewable energies in total consumption
  • 440,000 EUR investment in environmental protection and nature conservation
  • 5.8% less energy consumption and less CO2 emission

62% of CHT Group's 2020 sales were generated with sustainable products. For this, 91% of the strategic raw material volume was sourced from suppliers classified as sustainable.

At the center of the report are the current working topics and outlooks that showcase CHT's commitment to sustainability and its innovative strength to achieve the United Nations Sustainable Development Goals (SDGs).

CHT considers 11 of the SDGs to be particularly relevant for the future of the Group of companies. For this reason, the recently revised global corporate strategy is directly geared to the Sustainable Development Goals of the United Nations.

The current edition of the report, which is published for the first time exclusively online in a resource-saving manner, is available here: https://sustainability-report.cht.com

More information:
CHT Group Sustainability Report
Source:

CHT Gruppe

(c) Suominen Corporation
24.08.2021

Suominen: Progress in Sustainability, decreasing EBITDA expected

As part of Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2021 the company shared their insights and actions defined in their sustainability agenda.
A new Code of Conduct was launched in the beginning of 2021 and a mandatory training program about the Code will be start in the third quarter of this year.

Suominen is committed to continuously improving their production efficiency and the efficient utilization of natural resources. What active measures towards reducing energy consumption, greenhouse gas emissions, water consumption and waste to landfill are concerned, the commitment is to diminish them by 20% per ton of product by 2025 compared to the base year of 2019.
Offering a comprehensive portfolio of sustainable nonwovens and continuously developing new and innovative solutions with a reduced environmental impact, the target is a 50% increase in sales of sustainable nonwovens by 2025 compared to 2019, and to have at least 10 sustainable product launches per year. During the first half of the year, nine sustainable product launches were made.

As part of Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2021 the company shared their insights and actions defined in their sustainability agenda.
A new Code of Conduct was launched in the beginning of 2021 and a mandatory training program about the Code will be start in the third quarter of this year.

Suominen is committed to continuously improving their production efficiency and the efficient utilization of natural resources. What active measures towards reducing energy consumption, greenhouse gas emissions, water consumption and waste to landfill are concerned, the commitment is to diminish them by 20% per ton of product by 2025 compared to the base year of 2019.
Offering a comprehensive portfolio of sustainable nonwovens and continuously developing new and innovative solutions with a reduced environmental impact, the target is a 50% increase in sales of sustainable nonwovens by 2025 compared to 2019, and to have at least 10 sustainable product launches per year. During the first half of the year, nine sustainable product launches were made.

OUTLOOK FOR 2021
As announced on August 12, 2021 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2021 will decrease from 2020 due to the slowdown in the demand for nonwovens in the second half of 2021 as well as some continuing volatility in the raw material and transportation markets. In 2020, Suominen’s comparable EBITDA was EUR 60.9 million.

More information:
Suominen nonwovens
Source:

Suominen Corporation

(c) Brückner Trockentechnik GmbH & Co. KG
BRÜCKNER ECO-HEAT and ECO-AIR system on the stenter at FEINJERSEY
19.08.2021

Sustainable production technology from BRÜCKNER

  • Long-term partnership between the Austrian textile producer FEINJERSEY and the German textile machinery manufacturer BRÜCKNER

The Feinjersey Group is an internationally operating textile company and supplies the "global players" of the textile industry worldwide. The value chain of the company, which is based in Götzis, Austria, ranges from yarn processing to the finished product.

As a fully integrated production company, the internationally active textile company Feinjersey attaches great importance to a high quality standard and guarantees care at every step in the process chain. With approx. 250 employees and annual sales of around 45 million euros, the company knits, dyes and finishes top-quality knitted fabrics as well as elastic woven fabrics for a wide range of applications.

Products are made for the fashion, sports, workwear and technical textiles sectors. Among other things, fabrics for the automotive industry, laminating backings and coating substrate for artificial leather or foils, construction textiles or fabrics for medical technology are all produced.

  • Long-term partnership between the Austrian textile producer FEINJERSEY and the German textile machinery manufacturer BRÜCKNER

The Feinjersey Group is an internationally operating textile company and supplies the "global players" of the textile industry worldwide. The value chain of the company, which is based in Götzis, Austria, ranges from yarn processing to the finished product.

As a fully integrated production company, the internationally active textile company Feinjersey attaches great importance to a high quality standard and guarantees care at every step in the process chain. With approx. 250 employees and annual sales of around 45 million euros, the company knits, dyes and finishes top-quality knitted fabrics as well as elastic woven fabrics for a wide range of applications.

Products are made for the fashion, sports, workwear and technical textiles sectors. Among other things, fabrics for the automotive industry, laminating backings and coating substrate for artificial leather or foils, construction textiles or fabrics for medical technology are all produced.

The Austrian textile manufacturer has been certified with the Bluesign textile seal and ensures efficient use of resources with modern machinery. Water and energy consumption as well as pollutant emissions are to be reduced to a minimum.

In textile finishing in particular, the focus is on minimising energy consumption as this process is the most energy-intensive in the entire process chain. Feinjersey uses its own photovoltaic system for this purpose, as well as the heat recovery and exhaust air purification systems on the stenter frames. By using the waste heat from production, the company's buildings are heated. All six stenter frames at Feinjersey are made by BRÜCKNER and produce with three-stage heat recovery and exhaust air purification systems.

The latest BRÜCKNER line has a working width of 4.20 m and is mainly used for the finishing of high-ly elastic and extremely sensitive knitted fabric. In order to avoid yellowing on the fabric, the stenter is equipped with an indirect gas heating system. The knitting oil vapours coming from the fabric during the heat-setting process are extracted from the dryer and cleaned in a BRÜCK-NER ECO-AIR exhaust air cleaning system before being extracted to atmosphere. The complete exhaust air treat-ment on the newest stenter is carried out by a multistage BRÜCKNER ECO-HEAT and ECO-AIR system.

Source:

Brückner Trockentechnik GmbH & Co. KG

12.08.2021

SGL Carbon: strong first half of 2021

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

With sales of €221.2 million, the Graphite Solutions business area contributed around 44.5% of SGL Group sales. The 3.8% increase in the division's sales was particularly due to the positive development in the important markets of the LED, semiconductor and automotive industries.

Transformation program:
The restructuring and transformation process initiated at SGL Carbon made a significant contribution to the Company's positive sales and earnings performance. In addition to leaner and more efficient structures as well as a reorganization of the business units with responsibility for results, a large number of improvements and cost initiatives in all business units and sites have contributed to the success of the ongoing transformation program.

Forecast increase:
Due to pleasing business development in the first half of the year as well as transformation successes, SGL Carbon raised its forecast for fiscal year 2021 on July 13, 2021. For the financial year 2021, the company now expects consolidated sales of around €1.0 billion (previously: €920 - 970 million). In line with developments in the first half of 2021 and the results from the transformation, adjusted EBITDA for 2021 is expected to be between €130 - 140 million (previously: €100 - 120 million). Accordingly, a slightly positive net profit is now forecasted for fiscal year 2021 (previously: €-20 million to €0).

More information:
SGL Carbon SGL Carbon SE
Source:

SGL CARBON SE

 

Thomas Reutter new Vice President Product Asset Management and Supply Chain (c) Borealis
05.08.2021

Borealis: Thomas Reutter new Vice President Product Asset Management and Supply Chain

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

More information:
Borealis
Source:

Borealis

powerribs with inset bonnet (c) Composites Evolution
04.08.2021

Composites Evolution: New range of flax-epoxy prepreg materials

Composites Evolution Ltd has teamed up with leading natural fibre reinforcement specialists Bcomp to launch a new range of flax-epoxy prepreg materials, designed to offer enhanced sustainability without compromising on performance.

Evopreg ampliTex™ prepregs combine Composites Evolution’s high-performance Evopreg epoxy resin systems with Bcomp’s award-winning ampliTex™ flax reinforcements, to deliver a family of materials which offer outstanding performance for component applications.

To reach the full performance of natural fibres, Evopreg ampliTex™ prepregs have been tailored to be compatible with Bcomp’s powerRibs™ reinforcement grid, enabling the same stiffness and weight as thin-walled monolithic carbon fibre parts while decreasing the CO2 footprint by 85% and improving safety thanks to a blunt braking behaviour without dangerous debris or sharp edges.

Composites Evolution Ltd has teamed up with leading natural fibre reinforcement specialists Bcomp to launch a new range of flax-epoxy prepreg materials, designed to offer enhanced sustainability without compromising on performance.

Evopreg ampliTex™ prepregs combine Composites Evolution’s high-performance Evopreg epoxy resin systems with Bcomp’s award-winning ampliTex™ flax reinforcements, to deliver a family of materials which offer outstanding performance for component applications.

To reach the full performance of natural fibres, Evopreg ampliTex™ prepregs have been tailored to be compatible with Bcomp’s powerRibs™ reinforcement grid, enabling the same stiffness and weight as thin-walled monolithic carbon fibre parts while decreasing the CO2 footprint by 85% and improving safety thanks to a blunt braking behaviour without dangerous debris or sharp edges.

Composites Evolution’s Sales & Marketing Director, Ben Hargreaves, explains further.
“Sustainability is an increasingly important factor for many of our customers - particularly those involved in motorsports and high-performance automotive applications. As you’d expect in these sectors though, sustainability can’t come at the expense of performance the two must go hand-in-hand. This is something that other prepreggers can struggle with, as natural fibres behave very differently to carbon or glass, for example.”

Customers would be able to understand the strengths and weaknesses of natural fibre composites, and to show where and how they can be adopted without the need for significant changes to existing composite component production processes.

One such customer is Retrac Group, whose composites division is one of the UK’s most experienced composites engineering companies across motorsports, automotive and aerospace. It recently used Evopreg ampliTex™ + powerRibs™ to produce a demonstrator bonnet panel for a race-bred supercar. Project Manager Alan Purves explains.


“We’re seeing a growing interest in flax fibre composites, particularly in the motorsports and niche vehicle sectors. It is therefore essential that we have developed an in-depth understanding of the processing requirements and performance capabilities of these materials, and are ready to respond to our customers' requirements. Being able to tap into the combined expertise and experience of both Composites Evolution and Bcomp is proving invaluable.”

Source:

Composites Evolution

03.08.2021

Asahi Kasei Spandex Europe GmbH will be discontinued by March 2022

  • "Optimizing the global strategy of its ROICA™ premium stretch fiber business"

Asahi Kasei Corporation markets premium stretch fiber (elastic polyurethane filament) under the brand of ROICA™ with superior performance features enabled by integrated production from raw material to finished yarn based on its advanced technology.

Asahi Kasei operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with numerous sales offices around the world. Asahi Kasei has now decided to restructure and optimize its global strategy in order to further improve the business performance and level of sales services.

  • "Optimizing the global strategy of its ROICA™ premium stretch fiber business"

Asahi Kasei Corporation markets premium stretch fiber (elastic polyurethane filament) under the brand of ROICA™ with superior performance features enabled by integrated production from raw material to finished yarn based on its advanced technology.

Asahi Kasei operates its global ROICA™ business having production sites in Japan, Thailand, Taiwan, China, and Germany with numerous sales offices around the world. Asahi Kasei has now decided to restructure and optimize its global strategy in order to further improve the business performance and level of sales services.

As a part of this process, the production and sales of ROICA™ at its German subsidiary, Asahi Kasei Spandex Europe GmbH, will be discontinued by March 31, 2022.
Recognizing the importance of the European market as leading fashion market and in light of sustainable trends together with valued customers and supply chains, Asahi Kasei will continue sales, technical, and marketing services in Europe from Asahi Kasei Europe, the European regional headquarters of the Asahi Kasei Group, focusing on ROICA™ added value products manufactured at its global ROICA™ production sites.

More information:
Asahi Kasei stretch fibre ROICA™
Source:

Asahi KASEI

(c) Schoeller Textil AG
19.07.2021

Change in leadership at Schoeller Textil AG: Kath succeeds Winkelbeiner

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

Schoeller Textil AG, the Swiss textile and technology company, announces a shift in leadership as Joachim Kath takes over as CEO. Following a 10-year career at the global textile solutions brand, CEO Siegfried Winkelbeiner is moving into his retirement later this month. Joachim Kath, who comes from the chemical industry, has been working closely with Winkelbeiner as COO at Schoeller for the past year and a half.

The transition comes after long-term planning. Since February 2020, and in close partnership with Siegfried Winkelbeiner, Joachim Kath (on the left) has been preparing as Schoeller COO to take over its management. Joachim Kath originally comes from Flensburg (DE) and, following his studies of Chemical Engineering in Karlsruhe, shaped his professional career in the chemical industry with Ciba (-Geigy) / BASF in Basel (CH). His career over 30 years has incorporated engineering, production and marketing & sales in diverse management functions – in a wide range of business segments for various industries and areas of application around the globe. Joachim Kath spent 12 years of his career dedicated to textile finishing, with a period of intensive travel in Asia and a 3-year stay in the USA.

Asked how he sees himself, Joachim Kath said: “The common thread running through all my assignments and business activities is process orientation, interest in new paths, and an instinct for what is feasible – with the goal of achieving customer benefits and satisfaction. Kath aims to ensure that Schoeller can continue to face the challenges of changing market requirements with outstanding and exceptional products, while evolving and innovating to stay ahead of consumer needs for the future. High performance capability, sustainable product development, premium quality, reliability, productivity, and keeping the customer as the central focus of all activities continue as essential keys to Schoeller’s continued business success.

Source:

Schoeller Textil AG

15.07.2021

Rieter: First half of 2021

  • Order intake of CHF 975.3 million (first half of 2020: CHF 250.7 million).
  • Sales of CHF 400.5 million (first half of 2020: CHF 254.9 million).
  • EBIT of CHF 9.0 million and net profit of CHF 5.3 million

The first half of 2021 has been characterized by a strong market recovery in combination with a regional shift in demand for new machinery and systems. Rieter anticipates a normalization of the demand for new systems in the coming months. The company assumes that spinning mills will continue to work at high-capacity levels.

For the full year, Rieter expects sales to be above CHF 900 million.

The realization of sales from the order backlog continues to be associated with risks in light of bottlenecks in material deliveries and freight capacities as well as the ongoing pandemic in key markets for Rieter.

In recent years, Rieter has implemented its strategy based on the cornerstones of innovation leadership, strengthening the components, spare parts and services businesses, and adjusting cost structures.

  • Order intake of CHF 975.3 million (first half of 2020: CHF 250.7 million).
  • Sales of CHF 400.5 million (first half of 2020: CHF 254.9 million).
  • EBIT of CHF 9.0 million and net profit of CHF 5.3 million

The first half of 2021 has been characterized by a strong market recovery in combination with a regional shift in demand for new machinery and systems. Rieter anticipates a normalization of the demand for new systems in the coming months. The company assumes that spinning mills will continue to work at high-capacity levels.

For the full year, Rieter expects sales to be above CHF 900 million.

The realization of sales from the order backlog continues to be associated with risks in light of bottlenecks in material deliveries and freight capacities as well as the ongoing pandemic in key markets for Rieter.

In recent years, Rieter has implemented its strategy based on the cornerstones of innovation leadership, strengthening the components, spare parts and services businesses, and adjusting cost structures.

Crisis management in the pandemic year of 2020 was aimed at protecting employees, fulfilling customer commitments, ensuring liquidity, and also strengthening the market position for the time after the pandemic as well as retaining the ability to benefit from the incipient market recovery.

The focus for 2021 remains on the implementation of this strategy. The measures for crisis management relating to the protection of employees and fulfilling customer commitments are still in effect in countries that continue to be affected by the pandemic.

The Rieter Board of Directors has approved the implementation of the CAMPUS project. The Rieter CAMPUS comprises a customer and technology center as well as an administration building at the Winterthur location. It will make an important contribution to the implementation of the innovation strategy and to the enhancement of Rieter’s technology leadership position.

Source:

Rieter

(c) Teijin Limited
13.07.2021

Teijin: Carbon Fiber Products Operations in Vietnam

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019. Teijin Limited announced that Teijin Carbon Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating in these markets.

Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand opportunities as well as provide customer services in Asia. Internal collaborations between these companies and TCV shall strengthen Teijin’s presence in the upstream and downstream sectors of Asia’s fast-growing markets.

Increasingly strict environmental measures and the upgrading of environmental frameworks, such as sustainable development goals (SDGs) and the Paris Agreement, are expected to stimulate greater use of lightweight and highly rigid carbon fiber. Demands are growing in Asia, especially in the fields of sports and outdoor activities, industry and aerospace. COVID-19, for example, has led to new trends in sports and outdoor activities, such as renewed interest in fishing due its compatibility with social-distancing protocols.

Source:

Teijin Limited