From the Sector

The international nonwovens community came together once again in Geneva this week for INDEX™23, with with 12,017 attendees from over 100 countries and 610 exhibitors from 43 countries joining the event.

Exhibitors made the most of the four intensive days to meet potential new customers and extend business with existing clients. As one of the world’s leading nonwovens exhibitions, INDEX™ demonstrated the latest breakthroughs and innovative developments across all nonwovens’ applications.

The INDEX™ Lab, an exchange hub displaying samples from innovations and new developments, also showcased the winners and runners up from each of the five categories of the INDEX™ Innovation Award. Open to any EDANA member company or exhibitor at INDEX™23, the winners were announced on the first day of the exhibition during a dedicated ceremony at the EDANA stand.

The winners (more infomation):

1. Nonwoven roll goods
   Winner: Suominen – HYDRASPUN® Circula Nonwoven
2. Finished products made from, or incorporating nonwovens
   Winner: Henkel – Smart Adult Care
3. Raw materials or components (e.g., fibre, binder, polymer, tape), of special relevance to the nonwovens industry and related converted products
   Winner: Fiberpartner – BicoBio
4. Innovation in machinery of special relevance to the nonwovens industry
   Winner: Curt G. Joa, Inc. – ESC-8™
5. Sustainable Product
   Winner: Sparkle Innovations – SugaFluff™

The "Nonwovens Journey", an immersive experience that takes a look at the innovative role of nonwovens, as well as how innovation has progressed in time around both sustainability, and how nonwovens are used in everyday life, also allowed visitors to discover the versatility of nonwovens.

Running alongside the exhibition itself, there was also a full programme of side events that were enjoyed by participants: Exhibitor Product Presentations from 33 exhibitors; a series of informative seminars covering a myriad of topics including medical nonwovens, sustainability, circular economy, geosynthetics, textiles, mobility, fair trade, gender equity, innovation, and market trends; country-specific briefings offering insights into the nonwovens market in various regions around the world; and a nonwovens tutorial intended as an induction to nonwovens for those new to the industry. These topics were all presented by leading industry experts and guest speakers, including among others, the World Trade Organization (WTO).

Concern for the environment has in recent years become increasingly important, and once again remained a key topic at INDEX™23, with companies pushing to achieve further CO₂ reductions and circularity across the supply chain.

Continuing on from its success during COVID-19, the INDEX™23 Mobile App and Virtual Platform was back. This tool offered participants – both in Geneva and those following from home – the chance to watch presentations live and interact with speakers, exhibitors, and other participants. Attendees were able to plan their visit and organize meetings, which was highly appreciated. Video recordings from the sessions will remain available online in the app and platform for the coming weeks.

The next INDEX™ will take place in three years from 21-24 April 2026.

Freudenberg Performance Materials (Freudenberg) announces the launch of sustainable carpet backing products for the flooring industry. Sustainable backings support customers in their transition towards producing more sustainable carpets. The range is introduced as Colback ECO and Lutradur ECO and is part of the Freudenberg portfolio of high-performance spunbond nonwoven technical textiles.

Reduced CO₂ footprint
Freudenberg follows a ‘less is more’ principle: the best raw materials are the materials that are not needed at all. For the ECO product range, Freudenberg R&D teams developed a solution to save raw materials in their carpet backings. Freudenberg redefined its proprietary yarn production technology allowing for extremely thin filaments with a diameter up to 30% smaller than the standard portfolio for carpet backings.  
The new thin yarn technology is one of Freudenberg’s sustainable initiatives benefitting the carpet industry. Other developments supporting sustainability include backings with a high recycled content and backings using alternative approaches to facilitate carpet recyclability. They will extend the ECO portfolio in the future.

ECO-CHECK-Label
The currently launched thin yarn ECO-backings have been awarded the ECO-CHECK label. Freudenberg introduced this label in early 2021 to identify particularly sustainable products within its portfolio.

Yanfeng has reached another milestone in its sustainability journey by bringing the power of solar energy to its plants in South Africa. The global automotive supplier already uses renewable energy at all its locations in Europe – some of which are already operating with 100% green energy – and now will supplement its operations in South Africa with sustainable and emission-free solar energy generation.

Many sectors are facing major challenges with the transition to a low-carbon economy. The automotive sector in particular faces many operational and economic challenges when transforming production plants into net-zero emission operations. Thanks to its commitment to sustainability, 100% of the solar energy generated by the PV systems is used to power Yanfeng’s production plants in South Africa, helping them save around 2,559 tons of CO2 annually while reducing their monthly costs and increasing efficiencies.

The solar energy systems were funded by SolarAfrica, which will also operate, maintain and monitor the systems going forward. “From the outset of these projects, Yanfeng’s focus was on reducing their CO2 emissions and SolarAfrica is proud to partner with them to make their journey towards sustainability a success,” said David McDonald, CEO of SolarAfrica. “It’s inspiring to see a global company like Yanfeng invest in world-class facilities in South Africa, contributing to our country’s green economy and supporting job creation in the automotive industry.”
 
All Yanfeng European plants were converted to renewable energy by the beginning of 2022. With this new PV system, Yanfeng has implemented a milestone in the conversion to net-zero emission production at its two plants in South Africa.

Viscose speciality fibre manufacturer Kelheim Fibres, nonwoven producer Sandler, and hygiene product manufacturer pelzGROUP have jointly developed a new panty liner that is plastic-free according to the European Single-Use Plastics Directive (SUPD). This innovative solution is a step towards reducing the amount of plastic in hygiene products – and thus also a contribution to tackling the problem of plastic pollution.

According to a UNEP study on marine litter and microplastics, eight million tons of plastic end up in the oceans every year. A significant portion of this pollution comes from single-use plastic products, including conventional period products such as pads or panty liners.

The partnership between the three companies was formed under the Open Innovation principle, which allowed for creative idea exchange and facilitated the development of an innovative product. According to Jessica Zeitler, R&D Specialist at Sandler, “Our collaboration with Kelheim Fibres and pelzGROUP is a great example of how companies can work together to create solutions that benefit both the environment and consumers. We are proud to be part of this project and the opportunities it offers.”

For hygiene product manufacturer pelzGROUP, it is important to combine sustainability and performance to achieve broad acceptance in the market. “Our panty liner meets the strict requirements of the European Single-Use Plastics Directive (SUPD) while also matching the performance of conventional synthetic products. At the same time, our new panty liner has a completely European supply chain. This means short distances and therefore low CO2 emissions, and – especially in times of global disruption – reliability for our customers,” emphasizes Dr. Henning Röttger, Head of Business Development at pelzGROUP.

"Our viscose speciality fibres are an environmentally friendly and high-performance alternative to synthetic materials," says Dominik Mayer, Project Manager Fibre & Application Development at Kelheim Fibres. "They are at the very beginning of the product value chain and yet have an enormous impact on the functionality of the end product. Open innovation allows us to bring all partners in the value chain to the table, to find the best solution together in a very short time and bring it to commercialisation - the collaboration with Sandler and pelzGROUP is an important milestone in our AHP journey."

Avgol®, a manufacturer of high-performance nonwoven fabric solutions, will use this month’s INDEXTM exhibition in Switzerland to showcase how it has a laser focus on delivering against sustainability objectives to safeguard the future.

Together with its sister companies from Indorama Ventures Limited (‘IVL’), Avgol will be presenting biotransformation capable fibers, spunbond, meltblown and SMS for diversified end-use markets at the event. Avgol will present and be available to discuss with visitors how this developing technology and the company’s other related products can help businesses achieve their 2030 sustainability goals.

Avgol will also highlight the latest solutions since recently announcing its collaboration with Algaeing™. Avgol uses patented algae bio-based formulations for colorants in its products, combining a unique environmental solution for modifying the aesthetic qualities of materials with Avgol’s ongoing commitment to sustainable polyolefin based spunbond and meltblown fabrics.

ExxonMobil will present its portfolio of products that enable innovative solutions with sustainability benefits for hygiene and personal care applications at INDEX™23. This portfolio includes ExxonMobil™ PP, Achieve™ Advanced PP (polypropylene) and Vistamaxx™ performance polymers that can be used to create differentiated hygiene and personal care products.

An innovation being presented will be the model baby diaper of which the chassis is made exclusively with ExxonMobil’s extensive portfolio of products. Also on display will be a new version of the high-loft, ultra-soft, silky-smooth nonwoven solution for premium hygiene products using a blend of Vistamaxx™ performance polymers, Achieve™ Advanced PP and ExxonMobil™ PP. Developed collaboratively with Reifenhäuser Reicofil, this nonwoven solution delivers sustainability benefits by including ExxonMobil™ PP ISCC PLUS mass balance certified circular polymers using Exxtend™ technology for advanced recycling of plastic waste. Produced efficiently in one step from pellet to nonwoven via high-speed spunbond process, this soft nonwoven is ideal for use in premium diapers, pant-type diapers, feminine care and adult incontinence products.

B.I.G. has signed an agreement with Australian B2B flooring wholesaler to acquire its complete range of activities. Through this acquisition, both companies will strengthen their growth opportunities in both soft, resilient and hard flooring in Australia and New Zealand.

CEO Pol Deturck comments: “This acquisition will provide great opportunities for all our stakeholders, especially our customers, suppliers and employees. Both B.I.G. and Signature have solid positions as leaders in the flooring industry and a shared commitment to sustainability, product innovation, design and customer service.”

Signature Floors is an Australian B2B flooring wholesaler serving retailers, commercial contractors, architect-designers and end-users in Australia and New Zealand. Founded in 1989, the company has 120 employees and is owned by 2 family shareholders which are both active in the company. Signature has offices, warehouses and showrooms in Melbourne and Auckland spread over 3 locations.

Together, B.I.G. and Signature will integrate their sales and business activities over the coming months, ensuring business continuity for customers, partners, suppliers and employees.

Both companies expect to close the transaction at the end of April 2023.

At the Annual General Meeting of Autoneum Holding Ltd on 24th March 2023, a clear majority of the shareholders approved the introduction of a capital band in the amount of approximately CHF 100 million net proceeds to finance the acquisition of Borgers Automotive. The proposal to waive the payment of a dividend for the 2022 financial year in view of the lower net result was also approved. In addition, Board member Rainer Schmückle as well as CEO Matthias Holzammer were given a farewell.

221 shareholders attended today’s Annual General Meeting of Autoneum Holding Ltd in Winterthur. 66.48 percent of the share capital was represented.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2022. The proposal of the Board of Directors to waive the payment of a dividend for the financial year 2022 due to the lower net result was also approved by the Annual General Meeting.

In addition, the shareholders of Autoneum Holding Ltd granted discharge to all members of the Group Executive Board and the Board of Directors by a large majority of votes.

Chairman Hans-Peter Schwald and the other members of the Board of Directors Liane Hirner, Norbert Indlekofer, Michael Pieper, Oliver Streuli and Ferdinand Stutz were confirmed in office for another year. Hans-Peter Schwald, Norbert Indlekofer, Ferdinand Stutz and Oliver Streuli were re-elected to the Compensation Committee.

The consultative vote on the 2022 remuneration report was approved by 85.55%. The proposals for the remuneration of the Board of Directors and the Group Executive Board for the 2023 financial year as well as the other proposals were also approved by a large majority.

With 99.03%, a clear majority of the shareholders approved a capital band authorizing a capital increase of approximately CHF 100 million net proceeds. The purpose of the capital increase is to partially finance the acquisition of the automotive business of the Borgers Group announced by Autoneum on January 9, 2023. The Annual General Meeting also approved the other proposals of the Board of Directors for partial amendments to the Articles of Association.

Rainer Schmückle did not stand for re-election. He had been Vice Chairman of the Board of Directors, Chairman of the Audit Committee and member of the Strategy and Sustainability Committee since Autoneum became independent in 2011. CEO Matthias Holzammer, who will leave Autoneum for family reasons, was also bid farewell.

At the same time, Hans-Peter Schwald welcomed the new CEO Eelco Spoelder, who will take over the management of the Group from Matthias Holzammer on March 27, 2023: "With Eelco Spoelder, Autoneum gains an accomplished leader with many years of experience in the automotive supply industry. At Faurecia and previously at Continental, Mr. Spoelder has successfully proven that he can ensure strategic continuity and operational excellence even in a difficult market environment. I and the other members of the Board of Directors warmly welcome Eelco Spoelder and look forward to our future cooperation."

RadiciGroup presented Biofeel® Eleven, a yarn of natural origin, at the Performance Days trade fair (from March 15-16 in Munich). Biofeel® Eleven is sourced from castor oil and is suitable for obtaining bio-polymer. It can be used for fabrics and fine garments in many sectors, from fashion to sports, from automotive to home textiles.

Today, 80% of the world's castor-oil plantations are in India, particularly in the Gujarat region, due to its favourable climatic conditions. In this area, local people can earn an additional income by cultivating semi-arid land that does not compete with food production, and by applying the skills they have acquired over time to this work. Over the years, thanks to research, development and innovation in the value chain, the seeds from which the oil is produced have been selected and certified to ensure the finest quality, also in terms of end uses.

Castor beans contain around 45% oil, rich in ricinolein, from which the bio-polymer polyamide 11 is derived. This is the polymer RadiciGroup uses for its Biofeel® Eleven yarn. What remains after the first pressing is a highly effective bio-fertiliser that is returned to the soil.

Biofeel® Eleven can also be solution dyed, i.e. dyed at the yarn production stage, saving a great deal of water and energy and also providing greater colour stability.

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Full-year Core EBITDA climbed 31% YoY to $2.3 billion as revenue rose 28% to a record $18.8 billion. The company recorded strong cash flows of $2.2 billion, up 111% YoY. Indorama Ventures’ geographically diversified, integrated platform, backed by management’s agility, withstood unprecedented global events to generate earnings through the business cycle. During the year, the company continued to focus on its growth plan, successfully integrating its strategic surfactants business in Latin America and Vietnamese packaging acquisition. A dedicated senior team is working tirelessly and is committed to the company’s ‘Vision 2030’ sustainability goals including recycling technologies and introducing biomass feedstock to the company’s product portfolio. The ongoing ‘Project Olympus’ cost transformation program delivered an annual run rate of $449 million in efficiencies.

The annual result was impacted by an unusually challenging final quarter as fears of a recession and reduced transit times led to widespread destocking by customers. 4Q22 Core EBITDA declined 43% YoY to $264 million on a 1% drop in revenue to $3.9 billion. The pandemic lockdown in China also continued into the final quarter, reducing factory demand across Indorama Ventures’ portfolio and resulting in narrower margins from lower prices and higher costs. Higher energy and utility costs impacted European operations as the war in Ukraine continued into the winter.

To improve competitiveness and build resilience, Indorama Ventures rationalized underperforming assets in the Fibers business in Europe and a PTA site in Asia, resulting in a $7 million cash impairment in 4Q22 and a $253 million non-cash impact. As a result, the company looks forward to a $38 million uplift in EBITDA in 2023, reaching up to $65 million by 2025.