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25.03.2024

SGL Carbon: CEO Dr. Torsten Derr will not extend contract

The CEO of SGL Carbon SE, Dr. Torsten Derr, informed the Chairman of the Supervisory Board today that he will not extend his contract, which expires on May 31, 2025. Dr. Derr will continue his duties until the new CEO is appointed, at the latest until May 31, 2025.

“SGL Carbon is once again a strong and stable company whose profitable development I will continue to work on with all my strength until the last day. But even without me, my colleague on the Board of Management, Thomas Dippold, and the team will continue to develop the company successfully. The last almost four years have always been the achievement of the entire SGL team. SGL Carbon is now sailing in stable waters and my transformation work will therefore be completed shortly,” explains Dr. Torsten Derr.

The CEO of SGL Carbon SE, Dr. Torsten Derr, informed the Chairman of the Supervisory Board today that he will not extend his contract, which expires on May 31, 2025. Dr. Derr will continue his duties until the new CEO is appointed, at the latest until May 31, 2025.

“SGL Carbon is once again a strong and stable company whose profitable development I will continue to work on with all my strength until the last day. But even without me, my colleague on the Board of Management, Thomas Dippold, and the team will continue to develop the company successfully. The last almost four years have always been the achievement of the entire SGL team. SGL Carbon is now sailing in stable waters and my transformation work will therefore be completed shortly,” explains Dr. Torsten Derr.

“We are grateful to Dr. Derr for talking to us early on and in a spirit of trust. This will allow us to take our time in arranging his succession. SGL Carbon can look back on three successful financial years, is financially strong and relies on a broad-based management team that continues to drive forward the expansion of the business in strong growth markets. In our appreciative discussions, Dr. Derr has promised to complete all important projects with his usual commitment until the handover of the CEO position,” says Prof. Dr. Frank Richter.

The Supervisory Board will immediately begin the search for a successor to Dr. Torsten Derr.

More information:
SGL Carbon SE CEO management
Source:

SGL Carbon SE

18.03.2024

Autoneum: Increase in revenue and profit in 2023

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Outlook
According to forecasts, worldwide automobile production will be somewhat restrained in 2024 and may even decline slightly compared with 2023. Based on these market forecasts1, Autoneum expects revenue in 2024 of CHF 2.3 billion to 2.5 billion. The Company anticipates an EBIT margin of 4.5–5.5% and free cash flow in the high upper double-digit million range for 2024.

1 Source: S&P Global Light Vehicle Production Forecast of February 16, 2024.

More information:
Autoneum financial year 2023
Source:

Autoneum Management AG

15.03.2024

TMAS: Digitised solutions at Techtextil and Texprocess

Members of TMAS – the Swedish textile machinery association – will display technologies in alignment with the theme of digitalisation at the forthcoming Techtextil and Texprocess 2024 exhibitions, taking place in Frankfurt from April 23-26th.

Automatic handling
The fully automated and digitised handling solutions for finished garments, home textiles and furniture of Eton Systems, for example, will be demonstrated at Texprocess.

Designed to increase value-added time in production by eliminating manual transportation and minimising handling, the individually addressable product carriers are fully managed and controlled by the latest ETONingenious™ software. This web based real-time data collection and information system continuously accumulates, processes and makes all production information instantly available to supervisors, quality control personnel and management.

Members of TMAS – the Swedish textile machinery association – will display technologies in alignment with the theme of digitalisation at the forthcoming Techtextil and Texprocess 2024 exhibitions, taking place in Frankfurt from April 23-26th.

Automatic handling
The fully automated and digitised handling solutions for finished garments, home textiles and furniture of Eton Systems, for example, will be demonstrated at Texprocess.

Designed to increase value-added time in production by eliminating manual transportation and minimising handling, the individually addressable product carriers are fully managed and controlled by the latest ETONingenious™ software. This web based real-time data collection and information system continuously accumulates, processes and makes all production information instantly available to supervisors, quality control personnel and management.

Bespoke seams
Svegea will demonstrate its EC 300-XS colarette technology, which is used by garment manufacturers around the world for the production of tubular apparel components such as cuff and neck tapes and other seam reinforcements.

The EC 300-XS collarette cutter on show in Frankfurt is equipped with the latest E-Drive II system providing the operator with a very user-friendly touchscreen, providing full control of the cutting process. An accompanying FA 350 fully automatic roll slitting machine will also be demonstrated.

Digital finishing
At Techtextil meanwhile, Baldwin Technology Co. will provide full details of how its highly digitised TexCoat G4 non-contact spray technology for textile finishing and remoistening not only reduces water, chemicals and energy consumption, but also provides the flexibility to adapt to customer requirements in terms of single and double-sided finishing applications.

TexCoat G4 can reduce water consumption and chemical usage by as much as 50% compared to traditional padding application processes.

Yarn tension
Celebrating its 60th anniversary this year, Eltex will display the latest Eltex EyETM system for the continuous monitoring of yarn tension on warp beams.

The Eltex EyETM eliminates problems when warping, and also in subsequent weaving or tufting processes, monitoring the yarn tension on all positions in real-time and enabling a minimum and maximum allowable tension value it be set. If any yarn’s tension falls outside these values the operator can be warned or the machine stopped.

The Eltex ACT and ACT-R units meanwhile go beyond yarn tension monitoring to actually control yarn tension. This extends the application range greatly. The plug and play system automatically compensates for any differences in yarn tension that arise, for example from irregularities in yarn packages.

Accumulated know-how
Vandewiele Sweden AB benefits from all of the synergies and accumulated know-how of Vandewiele Group, supplying weft yarn feeding and tension control units for weaving looms to the majority of weaving machine manufacturers. It also retrofits its latest technologies to working mills to enable instant benefits in terms of productivity and control.

The company will present its latest X4 yarn feeders with integrated accessory displays (TED) as a new standard, as well as launching its own e-commerce platform – iroonline.com.

The TED function enables weft tension settings to be transferred from one machine to another, enabling a fast start-up the next time the same article is woven. The position of the S-Flex Tensioner is constantly monitored by an internal sensor – even if adjustment is made during power off.

X4 feeders are also available with integrated active tension control (ATC-W) as an option. With the ATC-W active tension control, the required tension is easily set and monitored on the integrated display. Once set, the system constantly regulates itself, ensuring consistent yarn tension during the weaving process which is constantly and accurately measured by the ATC sensor unit, sending a signal to the ATC operator unit resulting in consistently stable yarn tension at the required level.

Source:

TMAS - Swedish textile machinery association

Active Apparel Group: Partnership with textile finishing brand FUZE Technologies (c) Active Apparel Group
15.03.2024

Active Apparel Group: Partnership with textile finishing brand FUZE Technologies

Active Apparel Group (AAG), manufacturer of performance apparel for the leisure/lifestyle and active market, announces the seventh anniversary of their partnership with the sustainable textile finishing brand FUZE Technologies.

AAG is the first apparel manufacturer to adopt FUZE’s permanent, chemical-free textile finish, and the only company in China able to apply FUZE in a closed-loop system. AAG leverages the platform to provide a range of performance characteristics to customers, including odor control, UV protection, moisture management, and cooling.

The FUZE finish utilizes gold and silver particles permanently bonded to a wide variety of natural and synthetic materials to achieve a range of performance characteristics. AAG customers employing the FUZE finish create apparel for the yoga, active lifestyle, workout, golf, and swimwear markets. 

Active Apparel Group (AAG), manufacturer of performance apparel for the leisure/lifestyle and active market, announces the seventh anniversary of their partnership with the sustainable textile finishing brand FUZE Technologies.

AAG is the first apparel manufacturer to adopt FUZE’s permanent, chemical-free textile finish, and the only company in China able to apply FUZE in a closed-loop system. AAG leverages the platform to provide a range of performance characteristics to customers, including odor control, UV protection, moisture management, and cooling.

The FUZE finish utilizes gold and silver particles permanently bonded to a wide variety of natural and synthetic materials to achieve a range of performance characteristics. AAG customers employing the FUZE finish create apparel for the yoga, active lifestyle, workout, golf, and swimwear markets. 

Source:

Active Apparel Group

Freudenberg showcases sustainable solutions at Techtextil 2024 (c) Freudenberg Performance Materials
Freudenberg´s sustainable carrier material for green roofs on urban buildings is made from renewable resources
15.03.2024

Freudenberg showcases sustainable solutions at Techtextil 2024

Freudenberg Performance Materials (Freudenberg) is showcasing solutions for the automotive, building, apparel, filtration and packaging industries at this year’s Techtextil in Frankfurt am Main from April 23 – 26.

Sustainable nonwoven for car seats
One innovation highlight at Techtextil is a novel Polyester nonwoven material for car seat padding. Also available as a nonwoven composite with PU foam, it is not only easier for car seat manufacturers to handle during the mounting process, but also ensures better dimensional stability as well as providing soft and flexible padding. It has a minimum 25 percent recycled content, for example, by reusing nonwoven clippings and waste, and is fully recyclable. Full supply chain transparency enables customers to trace and verify the content of the nonwoven and thus ensures a responsible production process. The Freudenberg experts will also be presenting several other nonwoven solutions made of up to 80 percent recycled materials that can be used in car seat manufacturing.

Freudenberg Performance Materials (Freudenberg) is showcasing solutions for the automotive, building, apparel, filtration and packaging industries at this year’s Techtextil in Frankfurt am Main from April 23 – 26.

Sustainable nonwoven for car seats
One innovation highlight at Techtextil is a novel Polyester nonwoven material for car seat padding. Also available as a nonwoven composite with PU foam, it is not only easier for car seat manufacturers to handle during the mounting process, but also ensures better dimensional stability as well as providing soft and flexible padding. It has a minimum 25 percent recycled content, for example, by reusing nonwoven clippings and waste, and is fully recyclable. Full supply chain transparency enables customers to trace and verify the content of the nonwoven and thus ensures a responsible production process. The Freudenberg experts will also be presenting several other nonwoven solutions made of up to 80 percent recycled materials that can be used in car seat manufacturing.

Biocarrier for green roofs
Freudenberg is showcasing a sustainable carrier material for green roofs on urban buildings at the trade fair. The carrier is made from polylactide, i.e. from renewable resources. When filled with soil, it provides a strong foothold to root systems, enabling the growth of lightweight sedum blankets that can be rolled out to provide instant green roofs. These roofs not only help counter urban heat, they also improve stormwater management and regulate indoor temperatures.

From textile waste to padding
The company extended its circular thermal wadding product range with the release of comfortemp® HO 80xR circular, a wadding made from 70 percent recycled polyamide from discarded fishing nets, carpet flooring and industrial plastic. Because polyamide 6, also known as nylon, retains its performance characteristics after multiple recycling processes, the fibers can be used again and again to manufacture performance sporting apparel, leisurewear and luxury garments.

Packaging solutions with various sustainability benefits
Freudenberg is also showcasing products for sustainable packaging and filtration solutions. The long-lasting Evolon® technical packaging series is a substitute for disposable packaging used in the transport of sensitive industrial items such as automotive parts. The material is made from up to 85 percent recycled PET. A further highlight at Techtextil are Freudenberg’s fully bio-based solutions for manufacturing dessicant bags. The binder-free material based on bio-fibers is also industrially compostable.
In addition, the experts will be giving trade fair visitors an insight into Freudenberg’s filtration portfolio.

Source:

Freudenberg Performance Materials

13.03.2024

Rieter: Successful financial year 2023

  • Sales of CHF 1 418.6 million in the 2023 financial year
  • Order intake of CHF 541.8 million in the 2023 financial year; order backlog of around CHF 650 million as of December 31, 2023
  • EBIT margin of 7.2%
  • “Next Level” performance program on track
  • Proposed dividend of CHF 3.00 per share
  • Outlook 2024 with sales of around CHF 1 billion

The Rieter Group closed the 2023 financial year with slightly lower sales of CHF 1 418.6 million (2022: CHF 1 510.9 million), down 6% on the previous year. In line with expectations, the order intake of CHF 541.8 million was considerably below the prior year period (2022: CHF 1 157.3 million). In a challenging business environment, Rieter generated an EBIT margin of 7.2%. Implementation of the “Next Level” performance program to increase profitability is proceeding according to plan.

  • Sales of CHF 1 418.6 million in the 2023 financial year
  • Order intake of CHF 541.8 million in the 2023 financial year; order backlog of around CHF 650 million as of December 31, 2023
  • EBIT margin of 7.2%
  • “Next Level” performance program on track
  • Proposed dividend of CHF 3.00 per share
  • Outlook 2024 with sales of around CHF 1 billion

The Rieter Group closed the 2023 financial year with slightly lower sales of CHF 1 418.6 million (2022: CHF 1 510.9 million), down 6% on the previous year. In line with expectations, the order intake of CHF 541.8 million was considerably below the prior year period (2022: CHF 1 157.3 million). In a challenging business environment, Rieter generated an EBIT margin of 7.2%. Implementation of the “Next Level” performance program to increase profitability is proceeding according to plan.

Outlook 2024
Markets remain under pressure from the economic slowdown, high inflation rates and noticeably dampened consumer sentiment. Customers are reluctant to place orders due to financing challenges. The first signs of a recovery in the 2024 financial year have emerged in the key markets of China and India. Rieter expects demand to increase in the coming months.
For the full year 2024, Rieter anticipates sales in the region of CHF 1 billion and a positive EBIT margin of up to 4%.

Source:

Rieter Management AG

Massimo Marchi Marchi & Fildi and Filidea
Massimo Marchi
12.03.2024

Massimo Marchi dies in road accident

The Directorship of Marchi & Fildi spa and Filidea srl announced the death of their President Massimo Marchi, in a tragic road accident on 11th March. His loss represents a moment of enormous sorrow for the Group and for the community to which Massimo Marchi contributed with such generosity and constructive spirit.

Massimo Marchi was an outstanding figure in the Italian and Biellese textile world.
Until his death, he was a member of the Council of Euratex, Vice President of SMI Sistema Moda Italia with responsibility for Research and Innovation, member of the Committee for Coordination and Management of Cluster Made In, and Councillor of the Association Tessile e Salute. His legacy will always be remembered and celebrated by those who had the privilege of knowing him and working with him.

The Directorship of Marchi & Fildi spa and Filidea srl announced the death of their President Massimo Marchi, in a tragic road accident on 11th March. His loss represents a moment of enormous sorrow for the Group and for the community to which Massimo Marchi contributed with such generosity and constructive spirit.

Massimo Marchi was an outstanding figure in the Italian and Biellese textile world.
Until his death, he was a member of the Council of Euratex, Vice President of SMI Sistema Moda Italia with responsibility for Research and Innovation, member of the Committee for Coordination and Management of Cluster Made In, and Councillor of the Association Tessile e Salute. His legacy will always be remembered and celebrated by those who had the privilege of knowing him and working with him.

More information:
Massimo Marchi italy Biella
Source:

Marchi & Fildi

Thomas Stegmaier appointed Sustainability Officer Photo: DITF
Dr.-Ing. habil. Thomas Stegmaier
11.03.2024

DITF: Thomas Stegmaier appointed Sustainability Officer

The EU directive on the further development of sustainability reporting (CSRD) poses major challenges for companies and the public sector. Until now, the regulations have only applied to large capital market-oriented companies. However, far-reaching changes to sustainability reporting are expected when the CSRD is transposed into national law in 2024. The German Institutes of Textile and Fiber Research (DITF) are facing up to this challenge of external reporting and at the same time the responsibility for sustainable and resource-conserving science. The Textile Research Center has therefore set up a specialist department reporting to the Executive Board.

The DITF are reaffirming their commitment to sustainability with the appointment of the previous Head of the Competence Center Textile Chemistry, Environment & Energy, Dr.-Ing. habil. Thomas Stegmaier, as Chief Sustainability Officer (CSO). In addition to this new role, Stegmaier will continue to provide his expertise to the Competence Center Textile Chemistry, Environment & Energy as Deputy Head.

The EU directive on the further development of sustainability reporting (CSRD) poses major challenges for companies and the public sector. Until now, the regulations have only applied to large capital market-oriented companies. However, far-reaching changes to sustainability reporting are expected when the CSRD is transposed into national law in 2024. The German Institutes of Textile and Fiber Research (DITF) are facing up to this challenge of external reporting and at the same time the responsibility for sustainable and resource-conserving science. The Textile Research Center has therefore set up a specialist department reporting to the Executive Board.

The DITF are reaffirming their commitment to sustainability with the appointment of the previous Head of the Competence Center Textile Chemistry, Environment & Energy, Dr.-Ing. habil. Thomas Stegmaier, as Chief Sustainability Officer (CSO). In addition to this new role, Stegmaier will continue to provide his expertise to the Competence Center Textile Chemistry, Environment & Energy as Deputy Head.

The task of the Chief Sustainability Officer is to develop solutions to reduce the DITF's energy and resource consumption, promote renewable energies and implement efficient energy use. The management team, the operational organizational units and all employees are involved in the process.

The CSO also acts as a driving force for both the Executive Board and the research departments to promote sustainability issues.

08.03.2024

Infinited Fiber Company completes development financing round

Infinited Fiber Company has successfully completed a two-part development financing round totaling 40 million euros, with significant investments from new investors Inditex, TTY Management, Youngone and Goldwin, in addition to existing ones.

The new investors are Inditex Group, the parent company of Zara and other brands, and TTY Management B.V., an asset management company privately owned by Tadashi Yanai, Chairman, President and CEO of Fast Retailing. Outdoor clothing manufacturer Youngone (YOH CVC Fund 1 Limited Partnership) and Japanese sportswear manufacturer Goldwin (GOLDWIN Play Earth Fund Investment Limited Partnership) are also among the new investors who joined in the recent second closing of EUR 27 million.

The first part of the development financing round, closed in summer 2023, included investments from existing investors. Apparel companies H&M Group, adidas, BESTSELLER, and Zalando further reinforced their long-term commitment to Infinited Fiber. Also investment company VTT Ventures participated in the first closing, and investment companies Security Trading and Nidoco AB in both closings of the round.

Infinited Fiber Company has successfully completed a two-part development financing round totaling 40 million euros, with significant investments from new investors Inditex, TTY Management, Youngone and Goldwin, in addition to existing ones.

The new investors are Inditex Group, the parent company of Zara and other brands, and TTY Management B.V., an asset management company privately owned by Tadashi Yanai, Chairman, President and CEO of Fast Retailing. Outdoor clothing manufacturer Youngone (YOH CVC Fund 1 Limited Partnership) and Japanese sportswear manufacturer Goldwin (GOLDWIN Play Earth Fund Investment Limited Partnership) are also among the new investors who joined in the recent second closing of EUR 27 million.

The first part of the development financing round, closed in summer 2023, included investments from existing investors. Apparel companies H&M Group, adidas, BESTSELLER, and Zalando further reinforced their long-term commitment to Infinited Fiber. Also investment company VTT Ventures participated in the first closing, and investment companies Security Trading and Nidoco AB in both closings of the round.

After the development financing round, Inditex, TTY Management and H&M Group are the largest shareholders of Infinited Fiber Company.

Source:

Infinited Fiber Company

08.03.2024

Autoneum: Two new plants in China and India

  • Autoneum is expanding its production capacities in Asia with two new plants in Changchun in the Chinese province of Jilin and Pune in Western India.

The world's largest automotive market Asia is one of the most important sales regions for vehicle manufacturers and suppliers as well as a pioneer for new forms of e-mobility. Autoneum already supplies both international and local vehicle manufacturers in Asia with multifunctional lightweight components for noise and heat protection, supporting them in their commitment to sustainable mobility. Autoneum is expanding its production capacities in the key automotive hubs of China and India to increase its presence and thus its proximity to customers in these important production centers.

  • Autoneum is expanding its production capacities in Asia with two new plants in Changchun in the Chinese province of Jilin and Pune in Western India.

The world's largest automotive market Asia is one of the most important sales regions for vehicle manufacturers and suppliers as well as a pioneer for new forms of e-mobility. Autoneum already supplies both international and local vehicle manufacturers in Asia with multifunctional lightweight components for noise and heat protection, supporting them in their commitment to sustainable mobility. Autoneum is expanding its production capacities in the key automotive hubs of China and India to increase its presence and thus its proximity to customers in these important production centers.

Autoneum’s new plant in China, which will be operated as a joint venture, will be located in Changchun in the northern Chinese Jilin province, which is one of Asia’s largest car production centers. The proximity to key local and international vehicle manufacturers makes Changchun a strategically important and attractive location for Autoneum. The plant will help to increase market share with European, Japanese and Chinese car manufacturers with products for light vehicles and also support the expansion of the Company’s business with components for commercial vehicles in this region. The project is supported by the local authorities in China. From the end of 2024, the plant will ramp up production with first samples for already awarded business for inner dashes, interior floor insulators and other NVH (noise, vibration, harshness) components for cars of all drive types.

Autoneum is furthermore expanding its local presence in Western India with a fully owned production facility in Pune in the state of Maharashtra. The Company already operates two locations in India: one in Behror near New Delhi in the north and a joint venture plant in Chennai in the south. Thanks to the new Pune plant, Autoneum will now be present in the north, west and south of the country and gain access to the third of four major automobile production centers in India. Orders have already been received and the plant in Pune will start manufacturing carpet systems, interior trim, wheelhouse outer liners, e-motor covers and other noise protection components as of the second quarter of 2024. From the 7 500 square meter building, Autoneum will supply international as well as local car manufacturers with a particular focus on Indian and Korean vehicle manufacturers.

Source:

Autoneum Management AG

08.03.2024

Rieter: Partnership with Shanghai's DIW

On March 6, 2024, Rieter received an order for the first batch of Rieter technology amounting to around CHF 62 million from Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW). Rieter also signed a strategic partnership with DIW to develop an intelligent yarn manufacturing technology that utilizes digitization and automation to minimize conversion costs.

On March 6, 2024, Rieter received an order for the first batch of Rieter technology amounting to around CHF 62 million from Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW). Rieter also signed a strategic partnership with DIW to develop an intelligent yarn manufacturing technology that utilizes digitization and automation to minimize conversion costs.

Rieter and DIW signed a first order in the amount of around CHF 62 million for combers and draw frames that will provide the basis to transform DIW’s spinning mills into state-of-the-art industrial textile operations. DIW, a fast-growing company specializing in intelligent manufacturing and industrial operation services, selected Rieter following a competition in which the company’s machines achieved better stability and higher production than competitors. The strategic partnership of DIW and Rieter is designed to further enhance the overall operational efficiency of DIW’s mills by providing highly efficient machines, automation and digitization technology. This will also minimize conversion cost and consolidate the sustainable growth of both companies, while contributing to the high-quality development of the Chinese textile industry.

Source:

Rieter Management AG

05.03.2024

Denim Expert's Goal: 100% wastewater recycling

The announcement of a new effluent treatment plant (ETP) marks a milestone in Denim Expert's journey towards sustainability. This upcoming facility is a testament to the company's dedication to reducing its ecological footprint and safeguarding local ecosystems through advanced water management techniques.

The new Effluent Treatment Plant (ETP) being developed by Denim Expert strives for 100% wastewater recycling. As the ETP rises from concept to reality, Denim Expert embarks on a transition towards its next horizon: aligning with the Zero Discharge of Hazardous Chemicals (ZDHC) Wastewater Guidelines Version 2.0.

The announcement of a new effluent treatment plant (ETP) marks a milestone in Denim Expert's journey towards sustainability. This upcoming facility is a testament to the company's dedication to reducing its ecological footprint and safeguarding local ecosystems through advanced water management techniques.

The new Effluent Treatment Plant (ETP) being developed by Denim Expert strives for 100% wastewater recycling. As the ETP rises from concept to reality, Denim Expert embarks on a transition towards its next horizon: aligning with the Zero Discharge of Hazardous Chemicals (ZDHC) Wastewater Guidelines Version 2.0.

Denim Expert's proactive approach to sustainability has been recognized on a global scale. The company has been named 'New Champion' by the World Economic Forum and has partnered with organizations such as the Sustainable Apparel Coalition (SAC), the United Nations Framework Convention on Climate Change (UNFCCC), and the Ellen MacArthur Foundation's Jeans Redesign program. As one of the first factories to join the Partnership for Cleaner Textile (PaCT) and in the process of implementing the 3E program, Denim Expert is dedicated to achieving 100% water reuse and full reliance on solar energy, further solidifying its commitment to driving positive environmental change.

28.02.2024

SGL Carbon: New Head of Business Unit Carbon Fibers

As of March 1, 2024, Dr. Denis Hinz will become new Head of SGL Carbon's Carbon Fibers Business Unit. The previous Head, Roland Nowicki, will leave SGL Carbon on May 31, 2024 at his own request to pursue new professional challenges. He will be available to the company as a consultant until his leaving date to support a smooth transition.

Roland Nowicki took over as Head of Carbon Fibers in November 2020 and has successfully driven forward the realignment of the business unit over the past three years.  

Dr. Denis Hinz has been with SGL Carbon for more than six years and has held various management positions during this time, including Head of Operations of the Fuel Cell Components division and Managing Director of SGL Fuel Cell Components GmbH in Meitingen since December 1, 2021. The graduate engineer from the Technical University of Munich is an experienced manager who is well networked within SGL Carbon and has closely followed the development of Carbon Fibers in recent years.

As of March 1, 2024, Dr. Denis Hinz will become new Head of SGL Carbon's Carbon Fibers Business Unit. The previous Head, Roland Nowicki, will leave SGL Carbon on May 31, 2024 at his own request to pursue new professional challenges. He will be available to the company as a consultant until his leaving date to support a smooth transition.

Roland Nowicki took over as Head of Carbon Fibers in November 2020 and has successfully driven forward the realignment of the business unit over the past three years.  

Dr. Denis Hinz has been with SGL Carbon for more than six years and has held various management positions during this time, including Head of Operations of the Fuel Cell Components division and Managing Director of SGL Fuel Cell Components GmbH in Meitingen since December 1, 2021. The graduate engineer from the Technical University of Munich is an experienced manager who is well networked within SGL Carbon and has closely followed the development of Carbon Fibers in recent years.

More information:
SGL Carbon Dr. Denis Hinz
Source:

SGL Carbon

28.02.2024

AkzoNobel: Nominations for Supervisory Board

AkzoNobel has announced that Mrs. Jaska de Bakker, Mrs. Ute Wolf and Mr. Wouter Kolk will be nominated for appointment to the company’s Supervisory Board, while Mr. Byron Grote – currently Deputy Chair and Chair of the Audit Committee – will be nominated for a fourth term of one year.

Mrs. De Bakker is a financial leader with experience in strategy, governance and ESG. Currently a board member at various companies, she was previously CFO at Royal FrieslandCampina and at Royal HaskoningDHV.
 
Mrs. Wolf is a seasoned finance professional with more than 25 years of experience in financial management and corporate planning. She served as CFO of Evonik Industries AG for ten years and, prior to that, she held several senior positions within various industries and companies.
 
Mr. Kolk is the current CEO of Ahold Delhaize Europe and Indonesia. With more than 32 years of experience in commercial, operational, supply chain, strategic and general management roles, he brings a wealth of knowledge in different geographies and businesses.

AkzoNobel has announced that Mrs. Jaska de Bakker, Mrs. Ute Wolf and Mr. Wouter Kolk will be nominated for appointment to the company’s Supervisory Board, while Mr. Byron Grote – currently Deputy Chair and Chair of the Audit Committee – will be nominated for a fourth term of one year.

Mrs. De Bakker is a financial leader with experience in strategy, governance and ESG. Currently a board member at various companies, she was previously CFO at Royal FrieslandCampina and at Royal HaskoningDHV.
 
Mrs. Wolf is a seasoned finance professional with more than 25 years of experience in financial management and corporate planning. She served as CFO of Evonik Industries AG for ten years and, prior to that, she held several senior positions within various industries and companies.
 
Mr. Kolk is the current CEO of Ahold Delhaize Europe and Indonesia. With more than 32 years of experience in commercial, operational, supply chain, strategic and general management roles, he brings a wealth of knowledge in different geographies and businesses.

Subject to the approval of his re-appointment, Mr. Grote will lead the supervision of the external auditor selection process, whereby the external audit firm of AkzoNobel will be replaced, starting with the audit of the 2026 financial statements. His re-appointment also ensures continuity during the change of the PWC lead partner in charge of the AkzoNobel account, as of the audit of the 2024 financial statements.  

The appointments and re-appointment will be put to shareholders for approval at the Annual General Meeting being held on April 25. Mrs. Pam Kirby, who is completing her second four-year term, will step down as member of the Supervisory Board as per the same date.

Source:

AkzoNobel

Generating its own energy with solar panels Photo Karl Mayer Group
Generating its own energy with solar panels
23.02.2024

Karl Mayer Group: Generating its own energy with solar panels

The Karl Mayer Group is reducing its ecological footprint when it comes to energy utilisation: The Group's largest photovoltaic system to date has just been installed at its headquarters in Obertshausen.

Following the construction of a stable substructure, the first photovoltaic elements were installed on the roof of the assembly hall in Obertshausen on 16 February 2024. This will be followed by the step-by-step conversion of other roofs. If everything goes according to plan, around 6,000 modules will have been installed on an area of approx. 12,000 m² and over 60,000 metres of cable laid by the middle of the year.

"With a total output of 2.4 MWp, we will be able to generate over 35% of the total electricity consumption at the site ourselves," explains Michael Sustelo, Head of Facility Management at the Karl Mayer Group.

The Karl Mayer Group is reducing its ecological footprint when it comes to energy utilisation: The Group's largest photovoltaic system to date has just been installed at its headquarters in Obertshausen.

Following the construction of a stable substructure, the first photovoltaic elements were installed on the roof of the assembly hall in Obertshausen on 16 February 2024. This will be followed by the step-by-step conversion of other roofs. If everything goes according to plan, around 6,000 modules will have been installed on an area of approx. 12,000 m² and over 60,000 metres of cable laid by the middle of the year.

"With a total output of 2.4 MWp, we will be able to generate over 35% of the total electricity consumption at the site ourselves," explains Michael Sustelo, Head of Facility Management at the Karl Mayer Group.

Source:

Karl Mayer Group

60th anniversary of Eltex of Sweden AB (c) Eltex of Sweden
21.02.2024

60th anniversary of Eltex of Sweden AB

Eltex of Sweden, a pioneer in the adoption of electronic sensors by the weaving machinery industry, is marking its 60th anniversary this month.

The electronic detection of broken or missing weft yarns during production was the problem Eltex founders Åke Rydborn and Ragnar Henriksson set out to solve with the development of the world’s first electronic weft-stop-motion. Its potential was recognised on its introduction at the 1963 ITMA exhibition in Hannover, Germany, leading to the foundation of the company in a modest 12-square-metre workshop in Älmhult, Sweden, in February 1964.

Eltex of Sweden, a pioneer in the adoption of electronic sensors by the weaving machinery industry, is marking its 60th anniversary this month.

The electronic detection of broken or missing weft yarns during production was the problem Eltex founders Åke Rydborn and Ragnar Henriksson set out to solve with the development of the world’s first electronic weft-stop-motion. Its potential was recognised on its introduction at the 1963 ITMA exhibition in Hannover, Germany, leading to the foundation of the company in a modest 12-square-metre workshop in Älmhult, Sweden, in February 1964.

By 1968 the company was operating from a modern 3,000-square-metre plant and beginning to establish a global presence, introducing the first all-in-one printed circuit board (PCB) for its sensor systems in 1971. As exports increased, further Eltex operations were established in the USA and Ireland and the company expanded its product range including energy control devices, temperature and humidity loggers, food handling safety systems, and military grade battery chargers. Further textile milestones in parallel to advances in weaving technology included optical arrival detectors for air-jet weaving machines at the beginning of the 1980s, and the QTV system for warp preparation, which introduced digital stop-motion control to the industry at the start of the 1990s. In 2009, the company branched out into carpet tufting, first with the CoTS clamp-on tube sensor for tufting machines, followed by the Compact sensor for tufting machines in 2013. In 2019 the Compact II further cemented the company’s position in this sector.

Newly developed Eltex EyETM and ACT-R
Most recently, Eltex has launched the Eltex EyETM system for the monitoring of yarn tension on warp beams. Not only does it eliminate problems when warping, but also in the subsequent weaving or tufting processes. Eltex EyETM monitors the yarn tension on all positions in real-time and a minimum and maximum allowable tension value can be set. If any yarn’s tension falls outside these values the operator can be warned or the machine stopped.

The Eltex ACT and ACT-R units meanwhile go beyond yarn tension monitoring to actually control yarn tension. This extends the application range greatly. The plug and play system automatically compensates for any differences in yarn tension that arise, for example from irregularities in yarn packages.

Eltex has been owned by Brian Hicks, Seamus O’Dwyer and Jonathan Bell since 2007, following a management buy-out and the subsequent formation of Eltex Global Holdings in Ireland. Today, its head office, Eltex of Sweden AB, is in Osby, Sweden where it provides research and development, administration and global sales for the group. Eltex Manufacturing in Ireland is now the group’s primary production facility and Eltex US, Inc. provides sales and service for North America.

Source:

Eltex of Sweden

19.02.2024

CARBIOS and De Smet Engineers & Contractors: Partnership for construction of PET biorecycling plant

CARBIOS and De Smet Engineers & Contractors (DSEC), a provider of Engineering, Procurement and Construction services in the biotech’s and agro-processing industries, announce their collaboration to spearhead the construction of the world's first PET biorecycling plant. Under the agreement, De Smet has been entrusted with the project management and detailed engineering, including procurement assistance and CARBIOS partners’ management, to ensure the execution of the plant's construction in Longlaville, France, due for commissioning in 2025.  CARBIOS’ first commercial facility will play a key role in the fight against plastic pollution by offering an industrial-scale solution for the enzymatic depolymerization of PET waste to accelerate a circular economy for plastic and textiles.

With over 70 members of De Smet's expert team dedicated to the project and working alongside CARBIOS teams, the collaboration aims to guarantee the project timeline and budget while upholding quality, safety, health, and environmental standards. Construction is currently underway and on schedule.

CARBIOS and De Smet Engineers & Contractors (DSEC), a provider of Engineering, Procurement and Construction services in the biotech’s and agro-processing industries, announce their collaboration to spearhead the construction of the world's first PET biorecycling plant. Under the agreement, De Smet has been entrusted with the project management and detailed engineering, including procurement assistance and CARBIOS partners’ management, to ensure the execution of the plant's construction in Longlaville, France, due for commissioning in 2025.  CARBIOS’ first commercial facility will play a key role in the fight against plastic pollution by offering an industrial-scale solution for the enzymatic depolymerization of PET waste to accelerate a circular economy for plastic and textiles.

With over 70 members of De Smet's expert team dedicated to the project and working alongside CARBIOS teams, the collaboration aims to guarantee the project timeline and budget while upholding quality, safety, health, and environmental standards. Construction is currently underway and on schedule.

RUDOLF: Bio-based products for HYDROCOOL® technology (c) Rudolf GmbH
05.02.2024

RUDOLF: Bio-based products for HYDROCOOL® technology

RUDOLF announces a significant leap in textile performance with the introduction of bio-based innovations for its HYDROCOOL® technology, a moisture management product line.

HYDROCOOL® technologies have long been the standard for wicking moisture away from the skin to keep athletes and active people comfortable and dry. RUDOLF has taken this performance to a higher level with the integration of bio-based raw materials and their new products, RUCO®-PUR BIO SLB and FERAN® BIO ICR. These bio-based ingredients, derived from renewable sources offering:

RUDOLF announces a significant leap in textile performance with the introduction of bio-based innovations for its HYDROCOOL® technology, a moisture management product line.

HYDROCOOL® technologies have long been the standard for wicking moisture away from the skin to keep athletes and active people comfortable and dry. RUDOLF has taken this performance to a higher level with the integration of bio-based raw materials and their new products, RUCO®-PUR BIO SLB and FERAN® BIO ICR. These bio-based ingredients, derived from renewable sources offering:

  • Reduced environmental impact: By using bio-based materials, RUDOLF reduces its reliance on traditional petroleum-based raw materials, minimizing the environmental footprint of its products.
  • High performance: The new bio-based formulations are as efficient as the traditional HYDROCOOL® products and offer maximum wash resistance.
  • RUCO®-PUR BIO SLB is a bio-based finishing agent that is ideal for synthetics, cellulosic and blends. It offers a bio-based content of 43% and is therefore an important step towards a more sustainable textile industry.
  • FERAN® BIO ICR is a bio-based soil release agent specially developed for polyester and its blends. It has a 87% bio-based content, further underlining the commitment from RUDOLF for sustainable innovation.
Source:

Rudolf GmbH

05.02.2024

Solvay: Educational alliance with MIT and Fermi High School

Solvay awarded a scholarship to facilitate an educational alliance between the Massachusetts Institute of Technology (MIT) and Fermi High School in Cecina. The initiative unfolded during an event held at Solvay's Rosignano site in Italy, providing a platform for students and faculty. Through this partnership, 200 Fermi High School students participated in STEM* and digital lessons from MIT's Global Teaching Labs project, emphasizing the teaching of scientific disciplines by the American university.

Beyond the scholarship award ceremony, students received a tour of Solvay's factory in Rosignano. The tour highlighted the company's dedication to safety, sustainability, and bridging the gap between academia and industry challenges. The experience illustrated the practical application of academic studies in an industrial context, showcasing Solvay's advanced control procedures, safety protocols, technological innovations, digital transformation efforts, and sustainability measures.

Solvay awarded a scholarship to facilitate an educational alliance between the Massachusetts Institute of Technology (MIT) and Fermi High School in Cecina. The initiative unfolded during an event held at Solvay's Rosignano site in Italy, providing a platform for students and faculty. Through this partnership, 200 Fermi High School students participated in STEM* and digital lessons from MIT's Global Teaching Labs project, emphasizing the teaching of scientific disciplines by the American university.

Beyond the scholarship award ceremony, students received a tour of Solvay's factory in Rosignano. The tour highlighted the company's dedication to safety, sustainability, and bridging the gap between academia and industry challenges. The experience illustrated the practical application of academic studies in an industrial context, showcasing Solvay's advanced control procedures, safety protocols, technological innovations, digital transformation efforts, and sustainability measures.

Discussions during the event included key sustainability topics such as water conservation, energy efficiency, waste management, and Solvay's commitment to promoting a balanced work-life culture and diversity within the workplace.

This collaboration aligns with Solvay's global Corporate Citizenship program. Through this program, Solvay supports individuals and communities, channeling efforts to tackle worldwide societal challenges through strategic investments in education, sustainability, and local community initiatives.

*STEM stands for science, technology, engineering and mathematics

KARL MAYER TURKEY appoints General Manager (c) KARL MAYER GROUP
Toros Greenhalgh, General Manager of KARL MAYER TURKEY
02.02.2024

KARL MAYER TURKEY appoints General Manager

Toros Greenhalgh becomes General Manager of the new KARL MAYER subsidiary in Türkiye

In October 2023, the KARL MAYER GROUP established its own site in Bursa, Türkiye, thus increasing its presence in one of its most important markets. KARL MAYER TURKEY will meet increasing customer demands for after-sales service, spare parts (Care Solutions), and academy, in the sectors of warp knitting and warp preparation, while KARL MAYER’s long-standing regional representative ERKO focuses on machine sales.

Toros Greenhalgh was appointed General Manager of KARL MAYER TURKEY on February 1st of this year. Holding a degree in mechanical engineering and materials science from the University of Birmingham, he comes with experience in the fields of industrial plant construction management, renewable energy technologies, and the distribution of medical devices. For the past seven years he has been active in the sector of textile machinery through ERKO with particular focus on KARL MAYER machine sales, service, and spare parts.

Toros Greenhalgh becomes General Manager of the new KARL MAYER subsidiary in Türkiye

In October 2023, the KARL MAYER GROUP established its own site in Bursa, Türkiye, thus increasing its presence in one of its most important markets. KARL MAYER TURKEY will meet increasing customer demands for after-sales service, spare parts (Care Solutions), and academy, in the sectors of warp knitting and warp preparation, while KARL MAYER’s long-standing regional representative ERKO focuses on machine sales.

Toros Greenhalgh was appointed General Manager of KARL MAYER TURKEY on February 1st of this year. Holding a degree in mechanical engineering and materials science from the University of Birmingham, he comes with experience in the fields of industrial plant construction management, renewable energy technologies, and the distribution of medical devices. For the past seven years he has been active in the sector of textile machinery through ERKO with particular focus on KARL MAYER machine sales, service, and spare parts.

More information:
Karl Mayer Manager Turkey
Source:

KARL MAYER GROUP