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Trützschler Group SE expands Board of Directors (c) Trützschler Group SE
Dr. Ulrich Schwenken, CEO
06.07.2022

Trützschler Group SE expands Board of Directors

The Trützschler Group SE has appointed Dr. Ulrich Schwenken and Heinrich Krull to its Board of Directors with effect from July 1, 2022. Dr. Schwenken will serve as Chief Executive Officer (CEO). Heinrich Krull will serve as Chief Operations Officer (COO).

Dr. Schwenken will assume responsibility for Development, Digitalization, IT and Corporate Communications. As a doctoral graduate specialized in engineering, he has many years of experience in automotive and mechanical applications. Since 2008, he has held various management positions in the areas of Service, Sales and Development at companies including Porsche AG and Volkswagen AG, where his responsibility covered a range of key topics such as digital transformation. Most recently, Dr. Schwenken served as CSO, CTO and CDO at Leistritz AG, and was responsible for the strategic focus on innovative growth areas.

The Trützschler Group SE has appointed Dr. Ulrich Schwenken and Heinrich Krull to its Board of Directors with effect from July 1, 2022. Dr. Schwenken will serve as Chief Executive Officer (CEO). Heinrich Krull will serve as Chief Operations Officer (COO).

Dr. Schwenken will assume responsibility for Development, Digitalization, IT and Corporate Communications. As a doctoral graduate specialized in engineering, he has many years of experience in automotive and mechanical applications. Since 2008, he has held various management positions in the areas of Service, Sales and Development at companies including Porsche AG and Volkswagen AG, where his responsibility covered a range of key topics such as digital transformation. Most recently, Dr. Schwenken served as CSO, CTO and CDO at Leistritz AG, and was responsible for the strategic focus on innovative growth areas.

Mr. Krull joined Trützschler Group SE in September 2020. As a graduate engineer for production engineering and management with international experience in mechanical and production site engineering, he has comprehensive expertise related to operations. He also has extensive experience of production technologies, including in-depth knowledge of Lean Management methods and expertise in post-merger integration. As COO, he will be responsible for the areas of Production, Purchasing and Logistics, Quality Assurance as well as Supply Chain.

Until his scheduled retirement at the end of 2022, Dr. Dirk Burger will act as Co-CEO to Dr. Schwenken.

The responsibilities of the Board of Directors of Trützschler Group SE as of July 1, 2022 are as follows: Dr. Ulrich Schwenken (CEO) is responsible for Development, Digitalization, IT and Corporate Communications; Dr. Dirk Burger will take over the role of Co-CEO to Dr. Schwenken until the end of 2022; Dr. Ralf Napiwotzki (CFO) is responsible for Finance and Controlling, Human Resources, Legal and Compliance; Alexander Stampfer (CSO) is responsible for Sales, Marketing and Service; Heinrich Krull (COO) is responsible for Production, Purchasing and Logistics, Quality Assurance as well as Supply Chain.

More information:
Trützschler Board of Directors
Source:

Trützschler Group SE

22.06.2022

Dr Sharon McGuinness selected as ECHA’s new Executive Director

The Management Board of the European Chemicals Agency has selected Dr Sharon McGuinness as ECHA’s next Executive Director. As part of the appointment procedure, she will make a statement before the European Parliament and answer questions from its members. This is tentatively scheduled for 4 July 2022.

Dr Sharon McGuinness, an Irish national, is the Chief Executive Officer of the Health and Safety Authority (HSA) in Ireland since 2018. Prior to this, she was the Assistant Chief Executive for the Chemicals and Prevention Division within the Authority, with responsibility for division management, policy provision, advice and enforcement for a wide range of occupational health and safety, chemical and market surveillance legislation aimed at protecting human health and safety for workers and consumers.

She was a member of ECHA’s Management Board between 2014-2020 and Chair of the Board between 2016-2020. She graduated from the University College Dublin with a B.Sc. (Hons) in pharmacology and chemistry, and she holds a PhD in pharmacology, as well as diplomas in Legal Studies and Company Direction.

The Management Board of the European Chemicals Agency has selected Dr Sharon McGuinness as ECHA’s next Executive Director. As part of the appointment procedure, she will make a statement before the European Parliament and answer questions from its members. This is tentatively scheduled for 4 July 2022.

Dr Sharon McGuinness, an Irish national, is the Chief Executive Officer of the Health and Safety Authority (HSA) in Ireland since 2018. Prior to this, she was the Assistant Chief Executive for the Chemicals and Prevention Division within the Authority, with responsibility for division management, policy provision, advice and enforcement for a wide range of occupational health and safety, chemical and market surveillance legislation aimed at protecting human health and safety for workers and consumers.

She was a member of ECHA’s Management Board between 2014-2020 and Chair of the Board between 2016-2020. She graduated from the University College Dublin with a B.Sc. (Hons) in pharmacology and chemistry, and she holds a PhD in pharmacology, as well as diplomas in Legal Studies and Company Direction.

Dr McGuinness was one of the candidates preselected by the European Commission after an open competition and interviewed by the Management Board for the post.

Her selection follows that of Bjorn Hansen who retired in March 2022. Since 1 April 2022, Shay O’Malley has been ECHA’s acting Executive Director.

The term of office of the Executive Director is five years. It may be prolonged by the Management Board once, for a further term of five years.

More information:
ECHA Dr Sharon McGuinness
Source:

ECHA

Photo Carbios. Lionel Arras
30.05.2022

Carbios strengthens Executive Committee for Expansion Plans

Carbios announces the appointment of two new members to its Executive Committee: Lionel Arras, Industrial Development Director, and Mathieu Berthoud, Sourcing and Public Affairs Director.

Lionel Arras joined Carbios’ teams in 2021 to support the industrial growth of PET enzymatic recycling technology as Industrial Development Director. He was appointed to the Company’s Executive Committee on May 2. An engineer who graduated from ENSIC Nancy and holds an MBA from the Lyon School of Management, Lionel Arras has more than 25 years of experience in the field of process engineering and the chemical industry.
At Carbios, he now heads a team of around 50 people mobilized around three major divisions:
- the industrial demonstration plant, inaugurated last September in Clermont-Ferrand,
- technological development,
- the first Reference Unit project, installed on the Indorama Ventures site in Longlaville, Meurthe-et-Moselle, France.

Carbios announces the appointment of two new members to its Executive Committee: Lionel Arras, Industrial Development Director, and Mathieu Berthoud, Sourcing and Public Affairs Director.

Lionel Arras joined Carbios’ teams in 2021 to support the industrial growth of PET enzymatic recycling technology as Industrial Development Director. He was appointed to the Company’s Executive Committee on May 2. An engineer who graduated from ENSIC Nancy and holds an MBA from the Lyon School of Management, Lionel Arras has more than 25 years of experience in the field of process engineering and the chemical industry.
At Carbios, he now heads a team of around 50 people mobilized around three major divisions:
- the industrial demonstration plant, inaugurated last September in Clermont-Ferrand,
- technological development,
- the first Reference Unit project, installed on the Indorama Ventures site in Longlaville, Meurthe-et-Moselle, France.

Lionel Arras, Carbios’ Industrial Development Director: “After the successful start-up of our industrial demonstration plant in Clermont-Ferrand, we are continuing our scale-up with the construction of the first enzymatic recycling plant in the world in Longlaville, France. Its launch, scheduled for early 2025, will enable the processing of 50,000 tons of post-consumer PET waste or the equivalent of 2 billion bottles. It is a great source of pride for me to be able to support Carbios in this strategic development phase.”

Mathieu Berthoud will join Carbios as Sourcing and Public Affairs Director on June 1, 2022. With more than 30 years of experience, including 10 years at Rhodia (now Solvay) and more than 20 years at Suez, in various commercial development or subsidiary management positions, he was most recently Technical and Performance Director for the Group’s recycling and recovery activities. A university-trained scientist, he also holds an MBA from HEC Paris. At Carbios, he will be responsible for securing the supply of PET waste for the future reference plant in Longlaville and the other industrial sites that will follow. He will also manage the Company’s public affairs.

Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™ (c) INDA
IDEA22 Ribbon Cutting
06.04.2022

IDEA® Achievement Award honorees

  • Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™

Approximately 5,000 participants embraced the opportunity to again engage in face-to-face business meetings with global leaders in nonwovens and engineered materials at IDEA® 2022 in Miami Beach, Fla., co-located with the second FiltXPO™,  North American’s only exhibition and conference dedicated exclusively to filtration and separation.

Industry participants at IDEA® 2022,  the 21 st edition of the world’s preeminent event for nonwovens and engineered fabric professionals, expressed their business confidence through the floor exhibits and the return to face-to-face business interaction. Scott Beir, Executive Officer, CFM Global, called IDEA® 2022 “an exceptional show.”

Bob Usher, Technical Director, US Fibers, added that his company made valuable business connections. According to Rolk Kammermann, Head of Sales and Marketing, Innovative Swiss Made Nonwovens, “the size and scope of IDEA and FiltXPO have been excellent for us as both exhibitors and as visitors.”

  • Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™

Approximately 5,000 participants embraced the opportunity to again engage in face-to-face business meetings with global leaders in nonwovens and engineered materials at IDEA® 2022 in Miami Beach, Fla., co-located with the second FiltXPO™,  North American’s only exhibition and conference dedicated exclusively to filtration and separation.

Industry participants at IDEA® 2022,  the 21 st edition of the world’s preeminent event for nonwovens and engineered fabric professionals, expressed their business confidence through the floor exhibits and the return to face-to-face business interaction. Scott Beir, Executive Officer, CFM Global, called IDEA® 2022 “an exceptional show.”

Bob Usher, Technical Director, US Fibers, added that his company made valuable business connections. According to Rolk Kammermann, Head of Sales and Marketing, Innovative Swiss Made Nonwovens, “the size and scope of IDEA and FiltXPO have been excellent for us as both exhibitors and as visitors.”

Organized by INDA, IDEA® also featured five essential nonwovens training classes; market presentations from China, Asia, Europe, North America and South America; industry recognitions with the IDEA® Achievement Awards and the IDEA® Lifetime Achievement Awards; and a welcome reception celebration.

Also, organized by INDA, FiltXPO™ featured five panels of global leaders in filtration and separation for the first-ever “Summit for Global Change,” discussing societal challenges such as indoor air quality, environmental sustainability, pandemic readiness, clean water, and filtration standards.  The event also featured a 1.5-day filter media training course, and sessions highlighting filter media market trends and filtration industry statistics.  

Exhibitors and attendees noted the welcome return to meeting face-to-face among industry senior leaders participating in the three-day event.

A highlight of IDEA® was the announcement of the IDEA® Achievement Awards by INDA, in partnership with Nonwovens Industry magazine. Moderated by Rousse and Karen McIntyre, Editor, Nonwovens Industry the awards recognize the leading introductions in equipment, raw materials, short-life, long-life and nonwovens products, and sustainability, since the previous IDEA® Exposition in 2019.

In addition, INDA presented the IDEA® 2022 Lifetime Achievement Award to Val Hollingsworth, board chair and CEO of Hollingsworth & Vose, and Nonwovens Industry presented the IDEA® Entrepreneur Achievement Award to Doug Brown, president of Biax-Fiberfilm/5K Fibres at the event.

IDEA® 2022 Achievement Awards winners:

  • IDEA®  Equipment Achievement Award – Elastic Thread Anchoring (ETA) Sonotrode – Herrmann Ultrasonics, Inc.
  • IDEA®  Raw Material Achievement Award – ODOGard – Rem Brands, Inc.
  • IDEA® Short-Life Product Achievement Award – LifeSavers Wipes – LifeSavers LLC
  • IDEA® Long-Life Product Achievement Award – Nanofiber Cabin Air Filter – MANN + HUMMEL GmbH
  • IDEA®  Sustainability Advancement Award – Fiber-based Screw Caps – Glatfelter Corp. and Blue Ocean Closures
  • IDEA®  Nonwoven Product Achievement Award – HYDRASPUN® Aquaflo – Sustainable Nonwoven Substrates – Suominen Corporation
  • IDEA®, the Preeminent Event for the Nonwovens & Engineered Fabrics Industry, will next be held on its new 24-month schedule on April 23-25, 2024 in Miami Beach, Florida.

 

Names of the IDEA® Achievement Award honorees pictured:

Row 1, Left to right:
IDEA® Long-Life Product Achievement Award winner, Jon Nichols, MANN + HUMMEL, GmbH and Dave Rousse – Nanofiber Cabin Air Filter – MANN + HUMMEL, GmbH
IDEA®  Nonwoven Product Achievement Award winners, Pramod Shanbhag, Suominen Corporation, Karen McIntyre, Nonwovens Industry Magazine, and Avinav Nandgaonkar, HYDRASPUN® Aquaflo – Sustainable Nonwoven Substrates – Suominen Corporation
Row 2, left to right:
IDEA® Short-Life Product Achievement Award winner, Georgia Crawford, LifeSavers Wipes – LifeSavers LLC, and Karen McIntyre, Nonwovens Industry Magazine
IDEA® 2022 Lifetime Achievement Award winner, Val Hollingsworth, Hollingsworth & Vose, and Dave Rousse, President, INDA
IDEA®  Equipment Achievement Award winners, Uwe Peregi, Dave Rousse, and Thomas Herrmann – Elastic Thread Anchoring (ETA) Sonotrode – Herrmann Ultrasonics Inc.
Row 3, left to right:
IDEA®  Raw Material Achievement Award winner, David Schneider, ODOGard – Rem Brands, Inc. and Dave Rousse, INDA
IDEA®  Sustainability Advancement Award winner, Chris Astley, and Karen McIntyre Fiber-based Screw Caps – Glatfelter Corp. and Blue Ocean Closures
IDEA® Entrepreneur Achievement Award winner, Doug Brown, Biax-Fiberfilm / 5K Fibres

14.04.2021

Resolutions adopted by the virtual Annual General Meeting of Lenzing AG

At the 77th Annual General Meeting of Lenzing AG, which was once again held virtually on April 14, 2021 via livestream due to the COVID-19 pandemic, the members of the Managing Board and Supervisory Board were formally discharged from liability for the business year 2020. KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was appointed to serve as the auditor of the annual financial statements and consolidated annual financial statements for the business year 2021.

Furthermore, the Annual General Meeting adopted the resolution on the compensation to be paid to Supervisory Board members as well as the principles underlying the remuneration of the members of the Managing Board. In addition to financial performance criteria, the remuneration policy of Lenzing AG regulating the multi-year, performance-oriented remuneration paid to the Managing Board members will also be linked in the future to non-financial sustainability criteria (ESG) designed to further promote the sustainable business strategy of Lenzing AG.

At the 77th Annual General Meeting of Lenzing AG, which was once again held virtually on April 14, 2021 via livestream due to the COVID-19 pandemic, the members of the Managing Board and Supervisory Board were formally discharged from liability for the business year 2020. KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was appointed to serve as the auditor of the annual financial statements and consolidated annual financial statements for the business year 2021.

Furthermore, the Annual General Meeting adopted the resolution on the compensation to be paid to Supervisory Board members as well as the principles underlying the remuneration of the members of the Managing Board. In addition to financial performance criteria, the remuneration policy of Lenzing AG regulating the multi-year, performance-oriented remuneration paid to the Managing Board members will also be linked in the future to non-financial sustainability criteria (ESG) designed to further promote the sustainable business strategy of Lenzing AG.

Fully on track strategically
The Managing Board of Lenzing AG presented the business development of the year 2020, a strategic outlook and sustainability strategy including the relevant roadmap to achieve climate targets to the participating shareholders. In 2019, Lenzing made a strategic commitment to reducing its greenhouse gas emissions per ton of product by 50 percent by the year 2030. The goal is to operate in a climate-neutral manner by 2050.

The substantial investments made in Thailand and Brazil not only support Lenzing in its transformation to a supplier of environmentally compatible specialty fibers but also comprise an important milestone on this journey which sustainably increases the company’s enterprise value.

The implementation of these two key projects is proceeding ahead as planned in spite of the direct impacts of the coronavirus crisis. The pulp plant in Brazil is scheduled to be put into operation in the first half of 2022 and will significantly increase Lenzing’s own in-house supply of dissolving pulp. Production in Thailand is expected to commence towards the end of 2021, further raising the share of eco-friendly specialty fibers in the Lenzing product portfolio.

New appointments to the Supervisory Board
Dr. Veit Sorger retired from the Supervisory Board of Lenzing AG on his request effective at the end of the Annual General Meeting. Veit Sorger had been a Member of the Supervisory Board since 2004 (also serving as Deputy Chairman since 2011) and served on various Supervisory Board committees.

The Annual General Meeting elected Dr. Markus Fürst, Managing Director of B&C Industrieholding GmbH, and Thomas Cord Prinzhorn, MBA, CEO of Prinzhorn Holding GmbH, to serve on the Supervisory Board until the end of the Annual General Meeting resolving upon the discharge of the Supervisory Board members for the business year 2024.

Source:

Lenzing AG

02.02.2021

VDMA continues technology webtalks

  • Webtalk on material efficiency and recycling for the manmade fiber industry

 
The next VDMA technology webtalk is scheduled for 9th February 2021 (2-4 pm CET). The focus will be on "Material efficiency & recycling technologies for the manmade fiber industry".

The presenters and their topics at a glance:

  • Webtalk on material efficiency and recycling for the manmade fiber industry

 
The next VDMA technology webtalk is scheduled for 9th February 2021 (2-4 pm CET). The focus will be on "Material efficiency & recycling technologies for the manmade fiber industry".

The presenters and their topics at a glance:

  • Manfred Dobersberger, PureLoop and Wolfgang Hermann, EREMA Engineering Recycling Maschinen und Anlagen will present an integrated shredder extrusion technology for fibrous, textiles scraps, multilayers, films, trays, straps, foam, trays but also polymer mix materials from textiles and even classical thermoplastic composite materials.
  • Axel Hannemann, company Gneuss, offers recycling solutions which enable the fibre manufacturer to use their otherwise worthless fibre waste to substitute virgin material in the manufacture of high-quality fibres.
  • Markus Reichwein, Oerlikon Manmade Fibers: “We at Oerlikon Manmade Fibers describe a cascaded approach into new technologies as well as different material sources outlining your need for versatile solutions.”

After the presentations, the experts will be available to answer the participants' questions. Registration is possible.

Source:

VDMA e.V. Textilmaschinen

VDMA: Young talents honoured online (c) VDMA
The winners 2020 (from top left to bottom right): Dr. Frederik Cloppenburg, Philippa Böhnke, Juan Carlos Arañó Romero, Dr. Annett Schmieder, Maximilian Speiser, Harry Lucas jun.
03.12.2020

VDMA: Young talents honoured online

In early December, the chairman of the Walter Reiners Foundation of the VDMA Textile Machinery Association, Peter D. Dornier presented awards to six successful young engineers. Due to the Covid-19 pandemic, the award ceremony took place as a web conference for the first time.

Philippa Böhnke, ITM Dresden, and Juan Carlos Arañó Romero, ITA Aachen, were honoured with creativity awards for the cleverest bachelor or project work. The prizes are endowed with 3,000 euros each. Ms. Böhnke’s project dealt with composite implants for the repair and regeneration of bone defects. In his bachelor thesis, Mr. Arañó Romero has developed a spinning machine able to produce yarn with material from the moon. By this, the transport effort in space travel can be minimised, because insulating material for example necessary for a moon base can be produced on the moon directly.

In early December, the chairman of the Walter Reiners Foundation of the VDMA Textile Machinery Association, Peter D. Dornier presented awards to six successful young engineers. Due to the Covid-19 pandemic, the award ceremony took place as a web conference for the first time.

Philippa Böhnke, ITM Dresden, and Juan Carlos Arañó Romero, ITA Aachen, were honoured with creativity awards for the cleverest bachelor or project work. The prizes are endowed with 3,000 euros each. Ms. Böhnke’s project dealt with composite implants for the repair and regeneration of bone defects. In his bachelor thesis, Mr. Arañó Romero has developed a spinning machine able to produce yarn with material from the moon. By this, the transport effort in space travel can be minimised, because insulating material for example necessary for a moon base can be produced on the moon directly.

Harry Lucas, TU Chemnitz, and Maximilian Speiser, Reutlingen University, were awarded two promotion prizes in the category master thesis with prize money of 3,500 euros each. The master thesis of Mr. Lucas deals with the development of a new knitting head for jacquard knitted fabrics, enabling a large variety of colours e.g. in the production of fan scarfs. Mr. Speiser showed in his master thesis a solution for increasing energy efficiency in the nonwovens process.

This year, two promotion prizes of the German Textile Machinery Industry in the dissertation category were awarded to Dr. Frederik Cloppenburg, ITA Aachen, and Dr. Annett Schmieder, TU Chemnitz. In his dissertation Mr. Cloppenburg developed a model for the optimisation of roller cards in the nonwovens process. Ms. Schmieder introduced in her dissertation a damage analysis system for fibre ropes. The system detects when a rope must be replaced e.g. in transport applications.

The award ceremony 2021 shall take place with physical presence again. It is scheduled for early May at the fair Techtextil in Frankfurt.

Source:

VDMA

30.10.2020

SGL Carbon SE: Board of Management resolves restructuring program

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

An impairment charge has become necessary based on the current status of the new 5 year plan.

(Market Abuse Regulation N° 596/2014)
•    Impairment loss amounting to €80-100 million in the fourth quarter 2020 in the business unit CFM
•    Restructuring program resolved with savings target of more than €100 million until 2023
•    Guidance 2020 for Group sales and operating recurring Group EBIT confirmed
•    Guidance 2020 for net result reduced to minus €130-150 million

In the current status of the 5 year plan, which is at present under preparation, significant deviations have already become apparent today, particularly in the market segments Automotive, Aerospace and Wind Energy in the business unit Composites – Fibers & Materials (CFM). Partially also due to the pandemic, Automotive and Aerospace is developing slower than anticipated in the last 5 year plan. In contrast, business with Wind Energy is growing much stronger than previously planned. These changes in the product mix lead to lower mid-term earnings at CFM compared to the prior 5 year plan. Following these deviations from the last 5 year plan, an event-driven impairment test was undertaken. This results in a non-cash impairment charge amounting to €80-100 million, which will be recorded in the fourth quarter 2020.

The Board of Management of SGL Carbon SE today also resolved the implementation of a restructuring program, with which the Company is targeting savings of more than €100 million until 2023 (compared to the base year 2019). These savings consist of a planned socially compatible reduction in personnel of more than 500 employees and substantial reduction in indirect spend, particularly in the areas of travel, consulting and external services. Costs of approximately €40 million are anticipated for the implementation of this restructuring program. A little more than half of this is expected to be recorded as expenses in the fourth quarter 2020, while the associated cash outflows are mainly forecasted for 2021.

This requires a partial adjustment of the guidance for 2020. The solid operational development in the third quarter 2020 with Group sales between €220 and €230 million and operating recurring EBIT1 between €13 and €15 million (plus approximately €9 million positive one-time effects) is within the framework of our expectations for the full year 2020. However, the Group net result is likely to develop below the prior year level of minus €90 million and reach approximately between minus €130 and €150 million due to the restructuring provisions as well as the impairment charge (prior guidance: improvement to a negative low double-digit million € amount).

With liquidity of €167 million as of September 30, 2020 (compared to €137 million at year-end 2019) and further cash inflows in the fourth quarter 2020 from successfully implemented additional funding measures, the Company’s position is solid. This liquidity is more than sufficient for the payment of the purchase price for SGL Composites USA in the amount of USD 62 million at the end of 2020 as well as the restructuring-related cash outflows expected mainly in 2021. The Company continues to have access to the revolving credit facility (RCF) in the amount of €175 million, which remains undrawn.

The quarterly statement as of September 30, 2020 will be published on November 12, 2020 as scheduled. Further details on the new 5 year plan as well as the guidance on the fiscal year 2021 will be presented with the publication of the Annual Report 2020 on March 25, 2021.

*The use of KPIs in this notification is aligned to the annual report 2019 and the interim report for the first half year 2020. There were no changes to the scope of consolidation or to valuation methods compared to the previous guidance.

More information:
SGL Carbon Composites Fibers
Source:

SGL CARBON SE

The new PG DENIM developments: overlapping seasonality and the five “Rs” of sustainability. (c) PG DENIM
04.09.2019

The new PG DENIM developments: overlapping seasonality and the five “Rs” of sustainability.

  • Circularity at the centre

PG DENIM, the designer project by Paolo Gnutti, is ready for several important events scheduled for the autumn with ground-breaking interpretations and a new – increasingly green – business model. The occasion is its participation in the Blue Zone at Munich Fabric Start (Munich, 3-5 September 2019), a space which is increasingly often reserved for companies and projects with a high innovation rate in the world of denim.

PG DENIM at the German exhibition will be presenting important product innovations, but most notably new concepts developed for the S/S 2021 season. The focus here is on circularity, seen from a dual perspective: the product with the no longer traditional alternation of seasons, and a sustainabilityoriented approach.

Seasons meet

  • Circularity at the centre

PG DENIM, the designer project by Paolo Gnutti, is ready for several important events scheduled for the autumn with ground-breaking interpretations and a new – increasingly green – business model. The occasion is its participation in the Blue Zone at Munich Fabric Start (Munich, 3-5 September 2019), a space which is increasingly often reserved for companies and projects with a high innovation rate in the world of denim.

PG DENIM at the German exhibition will be presenting important product innovations, but most notably new concepts developed for the S/S 2021 season. The focus here is on circularity, seen from a dual perspective: the product with the no longer traditional alternation of seasons, and a sustainabilityoriented approach.

Seasons meet

The new PG DENIM approach is geared towards overlapping seasonality, with less and less marked separations between projects dedicated to the spring-summer and fall-winter lines. The collections by PG DENIM can thus be increasingly defined as a “mix of products without seasonality”. Its focal points are innovation alongside the concept behind the initial idea, as opposed to just the season. This trend, explains Paolo Gnutti, CEO and R&D Head at PG DENIM, is also due to registering the fact that seasonality – in terms of environment and trends – is changing at an increasingly rapid pace. As a response to this situation, the choice has been made to design new collections starting from macro-trends and presenting fabrics for garments which are “easy to wear”, suitable for both warm and cold temperatures, in a true melting pot  of weights and sizes.

The lines for the previous season are thus reintroduced and restyled playing with weights and sizes, within a range where flock meets ultra-light fabric bases, or where vinyl is combined with typically summer weights which shift the fabric towards the world of “paper” with crispy touches, resulting in extraordinarily lightweight and strong items at the same time. Also the GARAGE DENIM has been upgraded with fluid and smoothed touched for garments which are easy to wear and have a strong personality.

Partnership with The Denim Window

The PG DENIM season is also enhanced by its partnership in The Denim Window project, which has resulted in a limited series of Creative Capsule Collections, derived from the idea of bringing together companies which had already worked or were working together, trying to highlight – through small capsule collections – the best of what had already been produced by traditional businesses. This has resulted  in three trailblazing capsules, two of which designed in partnership by PG DENIM and companies the likes of M&J Group, Cadica and Greenwear. Several copies of these collections have been made to travel the world, and – after the official presentation in July – they will have a special corner, The Denim Window, in the Bluezone at Munich Fabric Start.

The “Circular Programme” and the five “Rs” of sustainability

Also the PG DENIM approach to accountability in production processes has been enhanced by implementing the “Circular Programme”. As part of our corporate vision, Italian-style production is combined with compliance with what have become known as “the five Rs”, that is to say key concepts underlying the design and manufacturing model: Reduce (everything you are not using), Repair (everything you can), Reuse (anything available to you), Recycle (all that is left), Respect (everything around you).

This is the philosophy underlying each individual process at PG DENIM, and leading to new specific programmes which have been its business focus over the past few months:

1) Reducing the environmental impact during the fabric dyeing phase in reaction and sulphurbased processes, where the use of chemicals has been reduced by 40%, water consumption by 50% and CO2 emissions by 60%, which has also resulted in better penetration and a better result in the crocking process. This has led to producing 10 new articles which will be launched on the market.

2) Recycling all waste from processing and after use, creating a range of garments where cotton is actually obtained from regenerating these two kinds of waste. In this regard, PG DENIM for now is the only company on the market able to process with a percentage of recycled product exceeding 60% of the total, whereas the average for this kind of manufacturing is generally about 35%.

As regards regular production, on the other hand, PG DENIM follows stringent international standards, including Dtox, Reach and Gots in all its processing phases, also using BCI cottons and the Organic Cotton Standard for raw materials. Last but not least, it was recently awarded the GRS (Global Recycled Standard) certification.