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(c) IVL. D K Agarwal, CEO of Combined PET, IOD and Fibers Business at Indorama Ventures
10.01.2022

Indorama Ventures to expand packaging business into Vietnam

  • Strengthening market position in Asia-Pacific

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announces that it is in the process of acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN).

NN is a leading PET converter in Vietnam with long-standing relationships with major brands. It has four manufacturing sites in both the North and South of Vietnam. It has a total production capacity of approximately 5.5 billion units of PET preforms, bottles and closures, or equivalent to a PET conversion of 76,000 tons per annum.

  • Strengthening market position in Asia-Pacific

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announces that it is in the process of acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN).

NN is a leading PET converter in Vietnam with long-standing relationships with major brands. It has four manufacturing sites in both the North and South of Vietnam. It has a total production capacity of approximately 5.5 billion units of PET preforms, bottles and closures, or equivalent to a PET conversion of 76,000 tons per annum.

Operating with high quality standards, NN is a trusted provider of PET packaging products to major multinational and Vietnamese brands in the beverage and non-beverage industries. Its business operations are run by an experienced management team with strong industry knowledge as well as local market exposure and understanding. These competitive advantages are strategic fits for IVL and would complement the company’s long-term growth after integration. This proposed acquisition will strengthen IVL’s market position in the packaging business in high growth markets of the Asia-Pacific region.

Mr. D K Agarwal, CEO of Combined PET, IOD and Fibers Business at Indorama Ventures, said, “This investment opportunity is in line with IVL’s business strategy of expanding our footprint in rising economies like Vietnam. The country is positioned to be the ASEAN production hub for the Asia-Pacific region. Moreover, Vietnam’s PET packaging market is expected to grow continuously due to strong growth in consumption and improving living standards. The proposed acquisition would foster sustainable growth in our largest business segment, Combined PET, which has been growing constantly to serve increasing demands globally.”

The acquisition process is required to follow the Law on Securities, its guiding decrees and circulars as required by the State Securities Commission of Vietnam and regulations of the Hanoi Stock Exchange. Through its affiliate, Indorama Netherlands B.V., IVL would be required to do the tender offer of all of NN’s shares. The transaction is expected to be completed by the first half of 2022.

Source:

Indorama Ventures Public Company Limited

06.01.2022

Monforts presents Econtrol® at VDMA Webtalk in February

Monforts textile technologist Jonas Beisel will outline the benefits of the company’s Econtrol® continuous dyeing process during the next free-to-attend VDMA Textile Machinery Webtalk which takes place on February 3rd 2022 at 13.00 (CET).

“Our customers are increasingly looking at shorter production runs and the more economical use of dyestuffs, as well as reducing water and energy consumption,” says Beisel. “We have gained many years of experience in the optimisation of dyeing processes through working with our customers, both at their own plants and in our Advanced Technology Centre (ATC) in Mönchengladbach, Germany.

“Our Thermex universal hotflue for continuous dyeing, curing and thermosoling achieves unrivalled reliability even at high fabric speeds, for exceptional cost-effectiveness when dyeing both large and small batches of woven fabrics. The Econtrol® process for reactive dyestuffs now has an impressive number of references on the market, as a quick and economical one-pass pad-dry and wash off process. This is the ideal process for fast change technology and operational savings.”

Monforts textile technologist Jonas Beisel will outline the benefits of the company’s Econtrol® continuous dyeing process during the next free-to-attend VDMA Textile Machinery Webtalk which takes place on February 3rd 2022 at 13.00 (CET).

“Our customers are increasingly looking at shorter production runs and the more economical use of dyestuffs, as well as reducing water and energy consumption,” says Beisel. “We have gained many years of experience in the optimisation of dyeing processes through working with our customers, both at their own plants and in our Advanced Technology Centre (ATC) in Mönchengladbach, Germany.

“Our Thermex universal hotflue for continuous dyeing, curing and thermosoling achieves unrivalled reliability even at high fabric speeds, for exceptional cost-effectiveness when dyeing both large and small batches of woven fabrics. The Econtrol® process for reactive dyestuffs now has an impressive number of references on the market, as a quick and economical one-pass pad-dry and wash off process. This is the ideal process for fast change technology and operational savings.”

Among key benefits are the saving of resources compared to conventional continuous dyeing methods, excellent reproducibility of pale to dark shades, from lab to bulk, and greater flexibility in production planning due to a resulting dry fabric that does not need an immediate wash off.

Econtrol® is a registered trademark of DyStar® Colours Distribution GmbH, Germany, and Bertram Seuthe of DyStar® will be providing recommendations for dyes and auxiliaries for the process during the VDMA event.

A third speaker, Guido Seiler of Fong’s Europe, will explain how Goller washing ranges help to significantly reduce the water that is conventionally wasted in the washing off process, through a combination of process and chemistry know-how and advanced technologies.

More information:
Monforts VDMA Textilmaschinen
Source:

Monforts Textilmaschinen GmbH & Co. KG by AWOL Media

04.01.2022

Cellulose Fibres: New Technologies for Pulp, Fibres and Yarns

  • Session "New Technologies for Pulp, Fibres and Yarns"

Cellulose fibres are a true material miracle as they offer a steadily expanding, broad range of applications. Meanwhile markets are driven by technological developments and policy frameworks, especially bans and restrictions on plastics, as well as an increasing number of sustainability requirements. The  presentations will provide valuable information on the various use-opportunities for cellulosic fibres through a policy overview, a special session on sustainability, recycling and alternative feedstocks, as well as the latest developments in pulp cellulosic fibres and yarns. In addition, examples of non-wovens,  packaging and composites will offer a look beyond the horizon of conventional application fields.

  • Session "New Technologies for Pulp, Fibres and Yarns"

Cellulose fibres are a true material miracle as they offer a steadily expanding, broad range of applications. Meanwhile markets are driven by technological developments and policy frameworks, especially bans and restrictions on plastics, as well as an increasing number of sustainability requirements. The  presentations will provide valuable information on the various use-opportunities for cellulosic fibres through a policy overview, a special session on sustainability, recycling and alternative feedstocks, as well as the latest developments in pulp cellulosic fibres and yarns. In addition, examples of non-wovens,  packaging and composites will offer a look beyond the horizon of conventional application fields.

The extensive fifth conference session, “New Technologies for Pulp, Fibres and Yarns”, includes the participation of eight speakers and promises the reveal of various innovations and new approaches. These address the processing of pulp, fibres and yarn, with the aim of realizing most sustainable and efficient solutions. The broad spectrum of topics ranges from processing cellulose with ionic liquids, material farming and chemical modification of pulp to functionalised fibres for feel-good textiles.

Speakers of the Session "New Technologies for Pulp, Fibres and Yarns"

  • Antje Ota - Deutsche Institute für Textil- und Faserforschung (DITF) (DE): The Versatility of the HighPerCell® Technology for Cellulose Filament
  • Carlo Centonze - HEIQ (CH): HeiQ AeoniQ – Cellulose Yarn Focussed on Climate and Circularity
  • Manuel Steiner - LIST Technology AG (CH): Cellulose Dissolving Technology Platform
  • Dominik Mayer - Kelheim Fibres (DE): Functionalized Viscose Fibres for Wellbeing Textiles: How Infrared Celliant® Viscose supports a Healthy and Sustainable Lifestyle
  • Michael Sturm - TITK (DE): Method for the Evaluation of the dissolution Power and dissolution Quality of Cellulosic Raw Materials dissolved in New Ionic Liquids
  • Kaoutar Aghmih - Hassan II University (MA): Rheology and Dissolution of Cellulose in Ionic Liquid Solutions
  • Ofir-Aharon Kuperman - Weizmann Institute of Science (IL): Material Farming and Biological Fabrication of Cellulose Fibers with Tailored Properties
  • Taina Kamppuri - VTT Technical Research Center of Finnland (FI): Chemically Modified Kraft Pulps to Improve the Sustainability of Regenerated Fibres
CCF2022 New Opportunities for Cellulose Fibres in Replacing Plastics
Session "Recycling and Other Alternative Feedstocks"
29.12.2021

New Opportunities for Cellulose Fibres in Replacing Plastics

  • Session "Recycling and Other Alternative Feedstocks"

Cellulose fibres are a true material miracle as they offer a steadily expanding, broad range of applications. Meanwhile markets are driven by technological developments and policy frameworks, especially bans and restrictions on plastics, as well as an increasing number of sustainability requirements. The  presentations will provide valuable information on the various use-opportunities for cellulosic fibres through a policy overview, a special session on sustainability, recycling and alternative feedstocks, as well as the latest developments in pulp, cellulosic fibres and yarns. In addition, examples of non-wovens,  packaging and composites will offer a look beyond the horizon of conventional application fields.

  • Session "Recycling and Other Alternative Feedstocks"

Cellulose fibres are a true material miracle as they offer a steadily expanding, broad range of applications. Meanwhile markets are driven by technological developments and policy frameworks, especially bans and restrictions on plastics, as well as an increasing number of sustainability requirements. The  presentations will provide valuable information on the various use-opportunities for cellulosic fibres through a policy overview, a special session on sustainability, recycling and alternative feedstocks, as well as the latest developments in pulp, cellulosic fibres and yarns. In addition, examples of non-wovens,  packaging and composites will offer a look beyond the horizon of conventional application fields.

The fourth session, "Recycling and other alternative raw materials", will cover topics ranging from textile recycling - both cotton and regenerated cellulose fibres - to the use of hemp shives as raw material. Self-initiated cooperation and waste management pave the way to a fully closed European material loop where textile waste is collected, recycled and reprocessed into new raw materials.

The speakers will demonstrate the importance of cooperation in recycling fabrics already in circulation, perfectly following the topics and discussions of the previous conference day.

  • Heikki Hassi - SciTech-Service (FI):  Textile Recycling and MMCFs; Systemic Challenges, Market Opportunities and Advancing Technologies
  • Valerie Langer - Canopy (CA): The Perfect Storm – A Five Year Feedstock Shift Forecast
  • Helena Claesson - Södra (SE): Two is better than one – Lenzing and Södra together Face the Challenge of Recycling of Textiles
  • Marina Crnoja-Cosic - Kelheim Fibres (DE) and Harald Cavalli-Björkman - re:newcell (SE): Sustainable Cellulosic Fibres from Recycled Raw Materials – A Solution for Europe
  • Frank Meister - Thüringisches Institut für Textil- und Kunststoff-Forschung (DE): Lyohemp Fibres Made of Dissolving Pulp Based on Hemp Shives
  • Miguel Sanchis-Sebastiá - ShareTex (SE): Expanding Textile Recycling Beyond Cotton: Innovations to Recycle Regenerated Cellulose Fibers