From the Sector

The shareholders of Autoneum Holding Ltd approved all proposals of the Board of Directors at today’s Annual General Meeting and agreed to the proposed dividend of CHF 1.50 per share. Norbert Indlekofer becomes a new member of the Compensation Committee following the previously announced departure of This E. Schneider.

In accordance with Ordinance 3 on Measures to Combat the Coronavirus (COVID-19), the Board of Directors of Autoneum Holding Ltd decided to hold the 2022 Annual General Meeting without the physical presence of the shareholders. For this reason, the Company asked them in advance to exercise their rights exclusively through the independent voting proxy. He represented 66.9% of a total of 4 672 363 shares.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2021 as well as the proposed appropriation of available earnings. A dividend of CHF 1.50 per registered share will be paid out as of March 29, 2022. This corresponds to a distribution of around CHF 7 million, or around 30% of the consolidated profit attributable to Autoneum shareholders.

Hans-Peter Schwald, Chairman of the Board of Directors, emphasized in his video message that the return to profitability and the distribution of a dividend are to be viewed as a positive sign and a success, especially given the challenging environment. CEO Matthias Holzammer, for his part, indicated how important the corporate strategy is for the ongoing and future success of the Company and how it was implemented last year. In addition, he highlighted that through its own strengths Autoneum had managed to improve its operating result in all four regions and to position itself well for the future.

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

• Project delivered on schedule and at budget after two and a half years of construction despite challenges arising from a global pandemic
• New state-of-the-art lyocell plant with a capacity of 100,000 tons will help serve the growing demand for sustainably produced fibers
• Important milestone towards a carbon-free future has been set

The Lenzing Group is pleased to announce the completion of its key lyocell expansion project in Thailand. The new plant, one of the largest of its kind in the world with a nameplate capacity of 100,000 tons per year, started production on schedule and will help to even better meet the increasing customer demand for TENCEL™ branded lyocell fibers. For Lenzing, the project also represents an important step towards strengthening its leadership position in the specialty fiber market and into a carbon-free future.

The construction of the plant located at Industrial Park 304 in Prachinburi, around 150 kilometers northeast of Bangkok, started in the second half of 2019 and proceeded largely according to plan, despite the challenges arising from the COVID-19 pandemic. The recruiting and onboarding of new employees has been successful. Investments (CAPEX) amounted to approx. EUR 400 mn.

“The demand for our wood-based, biodegradable specialty fibers under the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ brands is growing very well. In Asia in particular, we see huge growth potential for our brands based on sustainable innovation. With the production start of the lyocell plant in Thailand, Lenzing reached an important milestone in its growth journey, supporting our ambitious goal to make the textile and nonwoven industries more sustainable”, said Robert van de Kerkhof, Member of the Managing Board.

In 2019, Lenzing made a strategic commitment to reducing its greenhouse gas emissions per ton of product by 50 percent by 2030. The target is to be climate-neutral by 2050. Due to the established infrastructure, the site in Thailand can be supplied with sustainable biogenic energy and contribute significantly to climate protection.

Together with the key project in Brazil and the substantial investments at the existing sites in Asia, Lenzing is currently implementing the largest investment program in its corporate history (with more than approx. EUR 1.5 bn). Lenzing will continue to drive the execution of its strategic projects, which are to make a significant contri-bution to earnings from 2022.

ROICA™ main objective is to focus on and respond to new generation values in fashion. Values that are key for contemporary consumers, who are the ones leading the change throughout all the supply value chain, and have received even more attention since the beginning of the pandemic. ROICA™ by Asahi Kasei team knows that value creation is the basic foundation of contemporary business. Its teams are ready to go to the next level, answering to the market demand for innovation while sharing its responsibility efforts towards the new generation of consumer.

For this reason, the ROICA™ strategy is based on two key elements. On the one side, a strong focus on responsible innovation, able to respond to new fashion needs and desires while not harming the environment nor the society at large. On the other hand, a consolidation of partnerships along the whole supply chain through conversations and collaborations with companies sharing the ROICA™ values, in order to deliver creativity, solutions and design to all contemporary consumers. For example, in terms of fabric producers ROICA™ has been working alongside industry leaders such as Brugnoli, Candiani Denim, CIFRA, Dresdner Spitzen, Eusebio, Iluna Group, Innova Fabrics, Inter Jersey Milano, Lauma Fabrics, L/E Textile, Maglificio Ripa, M.I.T.I., Penn Italia - Penn Textile Solutions GmbH, Piave Maitex, Sitip S.p.A., Sofileta, Taubert Textil, Tessitura Colombo, TINTEX Textiles, TVB Textil-Vertrieb-Beratungs.

See attached document to read more about the current wardrobe stories.

Royal Golden Eagle (RGE) has released its 2021 progress report on its commitment to invest USD200 million in next-generation textile fibre innovation and technology over a ten-year period which started in 2019.

The annual report provides an update on the activities undertaken by RGE and its business groups (Sateri, APR, APRIL, Bracell) involved in the fashion value chain to advance its ambition towards closed-loop, circular and climate-positive cellulosic fibre.

In 2021, Sateri achieved full compliance with the emission limits set out in the European Union Best Available Techniques Reference Document (EU-BAT BREF) for all of its five viscose mills in China, two years ahead of schedule. Bracell completed construction of the world’s largest and greenest new generation pulp mill in São Paulo which uses cutting-edge technology for fossil fuel-free generation.

Amid the COVID-19 pandemic continuing to restrict travel and collaboration, RGE persisted in building upon existing partnerships, while entering into new agreements. Sateri strengthened its strategic collaboration with Infinited Fiber Company, participating in the company’s EUR30 million funding round, which attracted new and existing investors such as H&M Group, Adidas, BESTSELLER and Zalando.

New partnerships formed by RGE included a five-year textile recycling research collaboration with Nanyang Technological University Singapore, and a three-year strategic partnership with the Textile and Fashion Federation Singapore which seeks, among others goals, to advance research and innovation in circular economy approaches to fashion waste in Asia.

RGE’s in-house R&D team has made good progress in advancing its textile-to-textile project, focusing on producing quality viscose using recycled cotton textiles as feedstock. To support plans to build a textile recycling facility in Indonesia, and as part of commercial feasibility analysis, studies examining the availability of textile waste and textile recycling landscapes in China, Indonesia, Sri Lanka and Bangladesh were completed.

Sateri remains on track in developing a product with 50 per cent recycled content by 2023, and to reach 100 per cent by 2030. It also aims for 20 per cent of its feedstock to contain alternative or recycled materials by 2025. In this similar vein, APR will source 20 per cent of its feedstock from alternative or recycled materials by 2030.

• IVL is celebrating a decade of PET recycling and carbon reduction milestones
• Over 10 years, IVL has achieved a 100x increase in recycled PET

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, launches its 10th annual Sustainability Report and a video celebrating a decade of ambitious PET recycling and carbon reduction milestones. The company is committed to intensifying its drive towards ending plastic waste and a more circular economy in the decade ahead.

Since its first Sustainability Report in 2011, IVL has grown its sustainability initiatives through the 3Ps – People, Planet and Prosperity. From the baseline in 2013, the company achieved a 10% reduction in GHG intensity, 4% in energy intensity and 7% in water intensity. It also increased total waste diverted from landfill from 48% to 84% in 2020. Moreover, IVL’s global PET recycling capacity has improved almost 100 times from 3,576 tons per year in 2011 – the first entry of IVL to the PET recycling business – to more than 330,000 tons per year in the second quarter of 2021.

Celebrating 10 years of sustainability reporting
Throughout the decade, IVL has voluntarily adopted international standards for its sustainability reports to drive benefits for the environment, society and economy. The effort resulted in recognition by world-class sustainability ratings agencies such as the Dow Jones Sustainability Indices (DJSI) and the Morgan Stanley Capital International (MSCI).

Recent Sustainability Reports have featured business cases and special situations such as COVID-19. In 2016, IVL was the first Thailand-based company to introduce an additional, shorter version of the report called the Sustainability Report Executive Summary. This year, IVL has made further improvements with an interactive approach, including links to videos and shortcuts to highlighted articles. As a global company operating in 33 countries, the report is available in 15 languages.

On track to recycle 50 billion bottles per year by 2025
In 2020 IVL recycled 10.1 billion PET bottles and is on track to recycle 50 billion bottles per year by 2025. The company’s global reach and leadership position as the world’s largest PET and recycled PET resin producer allow IVL to leverage a closed-loop system. In 2020 IVL invested in three additional recycling facilities and recently acquired CarbonLite’s recycling assets in Texas.

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles, from fiber through finished sewn products, released an illuminating video and social media campaign detailing the heroic efforts of U.S. textile manufacturers to supply desperately needed medical personal protective equipment (PPE) at the height of the COVID-19 pandemic. The video features interviews with healthcare workers who confronted a once-in-a-generation health crisis and American textile and apparel executives, who came together to manufacture lifesaving PPE as the pandemic intensified and, once again in 2021, when President Biden issued a call to deliver 20 million American-made face masks for underserved communities in 60 days.

To view the video, click here.

Spätestens seit der Corona-Pandemie kennt man Antigen-Schnelltests. Ein Rachenabstrich oder eine Speichelprobe reichen aus, um schnell eine mögliche Infektion festzustellen. Doch wie lassen sich Schnelltests für noch anspruchsvollere diagnostische Fragen in der Medizin nutzen? Im Zentrum der Forschung an Instituten der Zuse-Gemeinschaft stehen der Einsatz mehrerer Analyte und damit die gleichzeitige Beprobung auf verschiedene gesundheitliche Fragestellungen ebenso wie Möglichkeiten zum Nachweis sehr geringer Konzentrationen von Substanzen.

Am Göttinger Institut für Nanophotonik (IFNANO) setzt man dafür auf die Weiterentwicklung von Analyseverfahren, die mit Teststreifen funktionieren, wie man sie nicht nur von Corona-, sondern z.B. auch von Schwangerschafts-tests kennt. Das Grundprinzip dieser Teststreifen: Die Analyte werden in wäss-rigen Medien gelöst dann mit Markern gemischt und auf ein Trägermedium gegeben, auf dem sie bis zur Test- und Kontrolllinie wandern. Die Analyte, wie zum Beispiel das Corona-Virusmaterial, binden sich einerseits an den Marker, der aus einer Farbmarkierung wie z.B. Goldnanopartikeln und dem Antikörper besteht, und anderseits an den Antikörper an der Testlinie. Die Antikörper sind so aufgebaut, dass sie selektiv d. h. möglichst nur einen Analyten, wie das Corona-Virusprotein, binden. Durch das Anreichern der Marker auf den Linien verfärben sich diese und man kann den Test mit bloßem Auge auslesen.

Diagnostik u.a. von Autoimmun-, Stoffwechsel- und Infektionskrankheiten
Ähnlich wie beim IFNANO, so steht auch am Forschungszentrum für Medizintechnik und Biotechnologie in Bad Langensalza (fzmb) bei der Arbeit an Schnelltests im Fokus, mehrere Analyten aus einer einzigen Probe zu bestimmen. Dazu gehören die Diagnostik von Autoimmun-, Stoffwechsel- und Infektionskrankheiten, Allergie- und Nahrungsmittelunverträglichkeitstests sowie Krebsanalytik und Biomarkersuche. „Unsere Entwicklungsprodukte bieten hervorragende Perspektiven für neue Wege in der individualisierten Diagnostik und personalisierten Medizin“, erklärt fzmb-Geschäftsführer Dr. Peter Miethe. Die Auswertesysteme des fzmb ermöglichen nach seinen Angaben die automatisierte, kundenspezifische Analyse auf verschiedenen Trägerformaten wie Mikrotiterplatten, Objektträgern, Membranen und kundenspezifischen Biosen-soren. Als konkrete künftige Einsatzgebiete für die Schnelltests strebt das fzmb u.a. das Erkennen autoimmuner Schädigungen von Gehirnfunktionen beim Menschen an. Hierzu läuft aktuell ein Projekt mit drei Forschungspartnern bei dem Thüringer Institut. Dabei sollen erstmals mehrere Autoantikörper gleichzeitig bestimmt werden, um eine differenzierte Diagnose, individualisierte Therapieeinstellung und Verlaufskontrolle bei Patienten mit autoimmunen neuronalen Erkrankungen zu gewährleisten.

Lab on a Chip-Technologie entwickelt
Kernkompetenz sind Schnelltests mit Hilfe der Bioanalytik auch bei Hahn-Schickard. Neben klassischen Verfahren mit Teststreifen setzen die Forschenden in Freiburg auf die „Lab on a Chip“-Technologie. Die von ihnen entwickelte sogenannte LabDisk, das ist eine Kunststoff-Kartusche, die als Träger für das Testmaterial dient und in ein mobiles Auslesegerät eingeführt wird, hat sich nicht nur in medizinischen Anwendungen, sondern auch in der Umweltanalytik, z.B. in der Qualitätssicherung von Wasser- und Lebensmittelproben bewährt.

Fertigung wieder in Deutschland ansiedeln
Der Pharmabereich ist einer jener Sektoren, in denen Störungen von Produktions- und Logistikketten, bedingt durch Lieferprobleme aus Fernost, während und nach der Corona-Krise schmerzhaft spürbar wurde. „Die Arbeit von Instituten der Zuse-Gemeinschaft ist ein Baustein, um in einigen wichtigen Teilbereichen der Medizintechnik wieder mehr Souveränität zu erlangen“, erklärt der Geschäftsführer der Zuse-Gemeinschaft, Dr. Klaus Jansen.

Milliken & Company and American & Efird (A&E) hosted United States Trade Representative (USTR) Ambassador Katherine Tai in two separate visits to the companies’ state-of-the-art textile manufacturing facilities, marking an unprecedented visit to the heart of the U.S. textile industry in the Carolinas by the nation’s top trade chief.

Ambassador Tai’s visit comes at a pivotal time for the U.S. textile supply chain, which produced $64 billion in output in 2020 and employed nearly 530,000 workers. The industry has been at the forefront of a domestic production chain manufacturing over a billion personal protective equipment (PPE) items during the COVID-19 pandemic.

The Ambassador’s visit to Milliken included a tour of the company’s Magnolia plant in Blacksburg, S.C., and a roundtable discussion highlighting the important role women contribute to textiles, the critical need for policies supporting a domestic supply chain, and the significant impact of the sector to the U.S. economy. Milliken is one of the largest textile companies in the U.S., employing more than 6,000 associates domestically and an additional 1,350 associates globally. Milliken’s Textile Business alone employs 2,500 people across eight counties in South Carolina and is the fourth largest manufacturing employer in the Upstate.

On the second leg of her trip, Ambassador Tai visited American & Efird’s manufacturing facility in Mount Holly, N.C. American & Efird operates as part of Elevate Textiles and its global portfolio of advanced products and distinguished textile brands, including A&E, Burlington, Cone Denim, Gütermann and Safety Components, and representing more than 500 years of textile manufacturing knowledge.

During the visit, U.S. textile executives spanning the fiber, yarn, fabric, and finished product textile and apparel industry participated in a roundtable with the Ambassador at which they discussed the competitiveness of the domestic industry, outlined priority issues in Washington, such as the importance of the Western Hemisphere co-production chain and ways to jointly support domestic supply chains through Buy American and Berry Amendment policies that help onshore production, spur investment, maintain the safety and security of our armed forces and generate new jobs.

Airport company Finavia will start using Finnish technology company Nanoksi Finland Oy’s coating solution at Helsinki Airport. The coating can be used to remove viruses and bacteria from airport surfaces and furniture.

“We are continuously keeping track of new methods and products to ensure a high level of hygiene at the airport. This nanotechnology-based coating, which is sprayed on contact surfaces and furniture, makes it easier to keep surfaces clean. The coating destroys pathogens with the help of light and air,” says Sami Kiiskinen, Finavia’s Vice President, Airport Development for Helsinki Airport.

The coating is sprayed on targets such as check-in counters, machines, departure gates and toilet facilities. The coating lasts for a long time, even though the furniture is wiped several times a day.

The effectiveness of the Fotonit® photocatalytic coating developed by Finnish nanotechnology company Nanoksi Finland Oy has been confirmed by research at the University of Tampere. Photocatalysis can destroy 98% of pathogens such as influenza viruses in two hours. The coating has been awarded the Key Flag Symbol as an indication of its high domestic content.

The Indorama Mobility Group, a manufacturer of industrial fibers, cords and fabrics, - like other companies - is confronted with significant inflation since the beginning of the year. The global economy has gradually recovered in 2021 from the impact of the COVID-19 pandemic, but is still experiencing very volatile market conditions: The global freight remains unreliable and expensive, cost for energy and global commodities is increasing, and the increasing focus on sustainability and environmental impact is driving compliance cost upward in most part of the world.

In detail:

• Utilities: gas price has tripled in the past few months in Europe (from a level of 15 EUR/MWh in Q4’20 to 45 EUR/MWh recently), while increasing by 50% in USA
• CO₂ emissions and compliance cost: prices for CO₂ certificates in Europe have almost doubled, approaching 60 EUR/ton from 30 EUR/ton at the end of last year, while regulations continue to expand the need for CO2 compensation
• Chemicals and additives (spinfinish, dip chemicals, coating & laminating chemicals): cost have increased by 5%
• Packaging: prices for standard packaging materials have increased by more than 30%
• Logistic: despite our local manufacturing footprint which is not fully affected by global freight issues, the regional logistic costs are also increasing up to 20% (road transport)

Despite constant efforts to optimise the cost structure through comprehensive initiatives to improve operations, cost increases have now reached a level, the group said, that can no longer be offset and must be passed on to the market. This is a necessary step to be able to continue supplying high-quality products and services of the broad product portfolio, it said.