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01.03.2024

AkzoNobel: New manufacturing plant in Pakistan

A new €26 million manufacturing plant with its own forest has been opened by AkzoNobel in Faisalabad – the company’s largest investment in Pakistan to date.

The 25-acre site, which has facilities for making decorative paint, wood finishes, automotive and specialty coatings, coil coatings and protective coatings, will help to meet increasing customer demand across a variety of markets.

Also incorporated into the Faisalabad location is a forest spanning an area of 5,450 square feet. More than 1,400 native trees and shrubs – planted using the Japanese Miyawaki gardening technique – are expected to grow into a flourishing self-sustaining ecosystem over the next two years.

The site, which employs nearly 200 people, has been constructed to comply with the company’s strict environmental standards and includes a series of sustainability features, such as renewable energy generation and energy efficient design.

A new €26 million manufacturing plant with its own forest has been opened by AkzoNobel in Faisalabad – the company’s largest investment in Pakistan to date.

The 25-acre site, which has facilities for making decorative paint, wood finishes, automotive and specialty coatings, coil coatings and protective coatings, will help to meet increasing customer demand across a variety of markets.

Also incorporated into the Faisalabad location is a forest spanning an area of 5,450 square feet. More than 1,400 native trees and shrubs – planted using the Japanese Miyawaki gardening technique – are expected to grow into a flourishing self-sustaining ecosystem over the next two years.

The site, which employs nearly 200 people, has been constructed to comply with the company’s strict environmental standards and includes a series of sustainability features, such as renewable energy generation and energy efficient design.

Source:

AkzoNobel

AkzoNobel participates in research program with SusInkCoat project (c) The Dutch Research Council (NWO)
05.02.2024

AkzoNobel participates in research program with SusInkCoat project

More than 82 companies, businesses and social organizations – including AkzoNobel – are involved in a major Dutch research program focused on developing new technologies that will help solve some of today’s societal challenges.
 
Seven broad consortia have been established as part of the government-funded “Perspectief” program, with AkzoNobel set to play a leading role in the SusInkCoat project, which will explore how to make inks and coatings more sustainable.

The company will work together with private partners and other societal stakeholders to develop new materials, processes and applications to improve the durability, functionality and recyclability of coatings, thin films and inks. The program, which will run for the next five years, is backed by the Ministry of Economic Affairs and Climate Policy and the Dutch Research Council (NWO).

More than 82 companies, businesses and social organizations – including AkzoNobel – are involved in a major Dutch research program focused on developing new technologies that will help solve some of today’s societal challenges.
 
Seven broad consortia have been established as part of the government-funded “Perspectief” program, with AkzoNobel set to play a leading role in the SusInkCoat project, which will explore how to make inks and coatings more sustainable.

The company will work together with private partners and other societal stakeholders to develop new materials, processes and applications to improve the durability, functionality and recyclability of coatings, thin films and inks. The program, which will run for the next five years, is backed by the Ministry of Economic Affairs and Climate Policy and the Dutch Research Council (NWO).

“Our discussions about collaborating with our SusInkCoat partners have been very positive,” says AkzoNobel’s R&D Director of Scientific Academic Programs, André van Linden, who is also the co-lead of SusInkCoat. “We’re all facing the same societal challenges – how to become more circular – and we’re looking for the same solutions in different application areas. But we’ve never done that together for this specific research topic, so we need an ecosystem to help us solve these challenges.
 
Van Linden adds that the program – one of many R&D projects the company is involved with – will also support AkzoNobel’s ambition to achieve 50% less carbon emissions in its own operations – and across the value chain – by 2030.
 
 “We want to make the recyclability of materials - such as furniture, building materials and steel constructions - easier by introducing functionalities like self-healing, higher durability and triggered release,” he continues. “The more you can leave the materials in their original state, the more sustainably you can operate.”

AkzoNobel will be collaborating with Canon, Evonik, GFB, PTG and RUG Ventures, who together possess extensive knowledge of market demands, supply chains and production processes. All the SusInkCoat partners will also work with academic researchers at several Dutch universities in an effort to identify promising developments that can be commercialized, used for education purposes or for outreach to the public.

Research being conducted by the other six consortia includes investigating methods to make tastier plant-based food; flat optics for more sustainable hi-tech equipment; and cheaper and more accessible medical imaging technology.

More information:
AkzoNobel Coatings Sustainability
Source:

AkzoNobel

24.01.2024

ECHA: Hazardous chemicals found in coating products and polymers

The European Chemicals Agency (ECHA) has added five new chemicals to the Candidate List. One of them is toxic for reproduction, three are very persistent and very bioaccumulative and one is toxic for reproduction and persistent, bioaccumulative and toxic. They are found in products such as inks and toners, adhesives and sealants and washing and cleaning products.

The Agency has also updated the existing Candidate List entry for dibutyl phthalate to include its endocrine disrupting properties for the environment.

ECHA’s Member State Committee has confirmed the addition of these substances to the Candidate List. The list now contains 240 entries – some are groups of chemicals so the overall number of impacted chemicals is higher.

 

The European Chemicals Agency (ECHA) has added five new chemicals to the Candidate List. One of them is toxic for reproduction, three are very persistent and very bioaccumulative and one is toxic for reproduction and persistent, bioaccumulative and toxic. They are found in products such as inks and toners, adhesives and sealants and washing and cleaning products.

The Agency has also updated the existing Candidate List entry for dibutyl phthalate to include its endocrine disrupting properties for the environment.

ECHA’s Member State Committee has confirmed the addition of these substances to the Candidate List. The list now contains 240 entries – some are groups of chemicals so the overall number of impacted chemicals is higher.

 

Source:

European Chemicals Agency

1000 international exhibitors at DOMOTEX 2024 (c) Deutsche Messe AG
08.01.2024

Over 1000 international exhibitors at DOMOTEX 2024

From 11 to 14 January 2024, the global carpet and flooring industry will meet at the Hannover exhibition grounds to discuss new products and current industry trends. With 1,000 international exhibitors, DOMOTEX promises a comprehensive overview of the Flooring und Carpets & Rugs sectors.

In addition to top exhibitors from the Carpets & Rugs sector, numerous global brands from the flooring industry will be exhibiting.
Well-known and long-standing exhibitors such as Area Floors, Amorim, Lamett, Li & Co, Camsan, Design Parquet, CFL Flooring, AGT, Forestry Timber, STP, SWISS KRONO, Decospan, Massive Holding, Floorify and Granorte have confirmed their participation. However, new exhibitors or those who have not participated for several years are also back in 2024 – including Kronospan and Kaindl, mFlor, Onefloor, Republic, Classen, Gerflor and MeisterWerke. From the field of application and installation technology, Neuhofer, SELIT, Välinge, Estillon, Shaper Origin, ADESIV, KLEIBERIT and i4F have also announced their participation.

From 11 to 14 January 2024, the global carpet and flooring industry will meet at the Hannover exhibition grounds to discuss new products and current industry trends. With 1,000 international exhibitors, DOMOTEX promises a comprehensive overview of the Flooring und Carpets & Rugs sectors.

In addition to top exhibitors from the Carpets & Rugs sector, numerous global brands from the flooring industry will be exhibiting.
Well-known and long-standing exhibitors such as Area Floors, Amorim, Lamett, Li & Co, Camsan, Design Parquet, CFL Flooring, AGT, Forestry Timber, STP, SWISS KRONO, Decospan, Massive Holding, Floorify and Granorte have confirmed their participation. However, new exhibitors or those who have not participated for several years are also back in 2024 – including Kronospan and Kaindl, mFlor, Onefloor, Republic, Classen, Gerflor and MeisterWerke. From the field of application and installation technology, Neuhofer, SELIT, Välinge, Estillon, Shaper Origin, ADESIV, KLEIBERIT and i4F have also announced their participation.

In addition to the main exhibition, DOMOTEX will offer a variety of side events designed to provide important impulses for the day-to-day business of all trade visitors

THE GREEN COLLECTION
For the second time, THE GREEN COLLECTION in Hall 23 will highlight the latest developments in the fields of sustainability, circular economy and environmental protection in the carpet and flooring industry for visitors to experience first-hand. The special display includes current research projects by TFI Aachen, a haptic material show by raumprobe and product presentations by companies such as Uzin Utz, Classen and Gerflor.

RETAILERS‘ PARK
In collaboration with DECOR-UNION and the MEGA Group, DOMOTEX will be expanding its portfolio to include the two product segments "wall" and "ceiling" for the first time. In addition to other flooring suppliers, the RETAILERS' PARK in Hall 19/20 will feature products for holistic interior design, including paints and coatings from Südwest, Meffert and PPG Coatings as well as wallpapers from AS and Erfurt. Participants can also look forward to practical solutions for their day-to-day business, presented in the area's own user forum through hands-on live demonstrations.

DOMOTEX on Stage
The conference program in Hall 23 features experts from the retail sector, associations, architecture, interior design, trade and politics, who will offer a holistic view of the topics of the future for the entire industry. On Friday, 12 January, German politician and member of the European Parliament Reinhard Bütikofer will give a presentation on the European Green Deal. Joachim Stumpp, Managing Director of raumprobe, and Chiara Rodriguez from Materially will report on sustainable materials. In addition to sustainability, topics relating to trends, new work and the shortage of skilled workers will also play a keyrole at DOMOTEX on Stage.

Source:

Deutsche Messe AG

Stahl: New visual brand identity (c) Stahl
03.01.2024

Stahl: New visual brand identity

Stahl, a leader in speciality coatings and treatments for flexible substrates, announces the launch of its new visual brand identity, marking an important step in Stahl's strategic journey.

This transformative initiative marks the next step in Stahl's strategic journey, aligning the company’s visual brand identity with its purpose and strategic direction. In recent years, Stahl has been evolving its positioning and offering to meet the changing needs of its customers and markets and to drive the next phase of its growth. In particular, the rebranding project follows the recent acquisition of Stahl Packaging Coatings (formerly ICP Industrial Solutions Group) as well as the launch of Stahl’s new purpose: Touching lives, for a better world. The purpose encapsulates the company's commitment to making a positive impact on the world, reflecting not only Stahl’s proud heritage, but also its future influence as a leader in speciality coatings and treatments for flexible substrates.

Stahl has also introduced a new colour palette to help visualise and differentiate its activities and its approach to sustainability and other strategic topics.

Stahl, a leader in speciality coatings and treatments for flexible substrates, announces the launch of its new visual brand identity, marking an important step in Stahl's strategic journey.

This transformative initiative marks the next step in Stahl's strategic journey, aligning the company’s visual brand identity with its purpose and strategic direction. In recent years, Stahl has been evolving its positioning and offering to meet the changing needs of its customers and markets and to drive the next phase of its growth. In particular, the rebranding project follows the recent acquisition of Stahl Packaging Coatings (formerly ICP Industrial Solutions Group) as well as the launch of Stahl’s new purpose: Touching lives, for a better world. The purpose encapsulates the company's commitment to making a positive impact on the world, reflecting not only Stahl’s proud heritage, but also its future influence as a leader in speciality coatings and treatments for flexible substrates.

Stahl has also introduced a new colour palette to help visualise and differentiate its activities and its approach to sustainability and other strategic topics.

More information:
Stahl Coatings packaging
Source:

Stahl

(c) Freudenberg Performance Materials Holding GmbH
(From left) Dr. Frank Heislitz, CEO Freudenberg Performance Materials, Andrea Luzi, Mayor of Sant'Omero, Italy, Dr. Tilman Krauch, CTO Freudenberg Group, Christian Cavaletti, Head of Operations Freudenberg Performance Materials Apparel Italy, Jonathan Oh, Senior Vice President & General Manager Global Business Division Apparel, and Dr. Hannah Koeppen, Vice President & General Manager Freudenberg Performance Materials Apparel Europe.
02.06.2023

Freudenberg: New Competence Center for Apparel Interlinings in Italy

Freudenberg Performance Materials Apparel Europe (Freudenberg) has expanded its facility in Sant´Omero, Italy, into a competence center for finishing and coating apparel interlinings. The Competence Center was officially opened on May 26, 2023.

The Freudenberg team in Sant´Omero has over 35 years of expertise in the manufacture of high-quality interlinings for menswear: base materials produced at the site are finished and coated to customers’ specifications. With the new competence center, the facility will now focus on coating and finishing all nonwoven, woven and weft apparel interlinings in Freudenberg’s portfolio. Customers throughout Europe will enjoy the advantages of greater manufacturing flexibility and a more diverse product offering.

Freudenberg Performance Materials Apparel Europe (Freudenberg) has expanded its facility in Sant´Omero, Italy, into a competence center for finishing and coating apparel interlinings. The Competence Center was officially opened on May 26, 2023.

The Freudenberg team in Sant´Omero has over 35 years of expertise in the manufacture of high-quality interlinings for menswear: base materials produced at the site are finished and coated to customers’ specifications. With the new competence center, the facility will now focus on coating and finishing all nonwoven, woven and weft apparel interlinings in Freudenberg’s portfolio. Customers throughout Europe will enjoy the advantages of greater manufacturing flexibility and a more diverse product offering.

Freudenberg installed the necessary finishing and coating technology at the new competence center in Italy over the last few months, building a new production hall for this machinery and equipment. Until recently, the bulk of interlinings were coated and finished in Weinheim, Germany. The facility there will now operate as a further competence center specializing in the production of base materials for apparel interlinings.

In addition to establishing the competence center, Freudenberg has also improved logistics. A new central warehouse in Italy now supplies customers in Southern Europe. It complements the central warehouse in Germany that delivers goods to customers in Northern Europe. As a result, Freudenberg is shortening both delivery routes and delivery times.

Source:

Freudenberg Performance Materials Holding GmbH

28.04.2023

AkzoNobel publishes results for Q1 2023

Highlights Q1 2023 (compared with Q1 2022)

Highlights Q1 2023 (compared with Q1 2022)

  • Revenue up 5% and up 8% in constant currencies1
  • Pricing up 7%, more than offsetting increase of raw material and freight costs
  • Volumes 3% lower; Europe showing resilience, China rebounding
  • Operating income at €182 million (2022: €232 million); adjusted operating income2 at €218 million (2022: €230 million); ROS3 at 8.2% (2022: 9.1%)
  • Net cash from operating activities negative €50 million (2022: negative €102 million)
  • Intended acquisition of Chinese Decorative Paints business from Sherwin-Williams announced in April 2023; completion expected in the second half of 2023

2023 Outlook
AkzoNobel expects the ongoing macro-economic uncertainties to continue and weigh on organic volume growth. The company will focus on margin management, cost reduction, working capital normalization and de-leveraging.
Cost reduction programs are expected to mitigate the ongoing pressure from inflation in operating expenses for 2023. AkzoNobel expects declining raw material costs to have a favorable impact on profitability.
Based on current market conditions, AkzoNobel targets to deliver €1.2 to €1.5 billion adjusted EBITDA.
The company aims to lower its leverage ratio to less than 3.4 times net debt/EBITDA, including the impact of the Kansai Paint Africa acquisition, by the end of 2023 and return to around 2 times post-2023.

Source:

Akzo Nobel N.V.

26.04.2023

STFI: Bionanopolis Open Call to support companies

The international association that will manage the Single-Entry-Point (SEP) of the BIONANOPOLYS project has been formally constituted and will be able to support companies across the European Union in the market introduction of bionanomaterials through technical, legal, regulatory, safety, economic and financial support services.

The SEP was established as an AISBL (non-profit entity) on 17 February 2023 in the framework of the European project BIONANOPOLYS, funded by the Horizon 2020 programme. The technical director of ITENE and coordinator of this project, Carmen Sánchez, is the president of this association in which representatives of other project partners also act as directors. Specifically, the CTP (Centre Technique du Papier) from France; CIDAUT (Fundación para la Investigación y Desarrollo en Transporte y Energía), from Spain; CENTI (Centre for Nanotechnology and Smart Materials), from Portugal, and the law firm Gil & Robles - San Bartolome & Associés, from Luxembourg.

The international association that will manage the Single-Entry-Point (SEP) of the BIONANOPOLYS project has been formally constituted and will be able to support companies across the European Union in the market introduction of bionanomaterials through technical, legal, regulatory, safety, economic and financial support services.

The SEP was established as an AISBL (non-profit entity) on 17 February 2023 in the framework of the European project BIONANOPOLYS, funded by the Horizon 2020 programme. The technical director of ITENE and coordinator of this project, Carmen Sánchez, is the president of this association in which representatives of other project partners also act as directors. Specifically, the CTP (Centre Technique du Papier) from France; CIDAUT (Fundación para la Investigación y Desarrollo en Transporte y Energía), from Spain; CENTI (Centre for Nanotechnology and Smart Materials), from Portugal, and the law firm Gil & Robles - San Bartolome & Associés, from Luxembourg.

The BIONANOPOLYS SEP will reduce the risks and barriers to the commercial exploitation of bio-based materials and polymeric bionanocomposites with nanotechnology and accelerate market penetration and innovation processes. SMEs, large companies, and potential customers who are users of the BIONANOPOLYS OITB (Open Innovation Test Bed) will be able to access the services offered by the project partners through this entity, which will act as a one-stop shop, at affordable costs and conditions.

The test bed consists of 14 enhanced pilot plants and complementary services to support technological and commercial breakthroughs. Collaboration between all the partners that make up BIONANOPOLYS and access through the SEP allows joint access to all the services offered by the partners and helps to drive collaborative open innovation.

Call for access to the BIONANOPOLYS OITB
The SEP and the project partners will be in charge of evaluating the projects submitted to the BIONANOPOLYS platform once the open call launched last February to select five projects from different European countries that will be able to access its services free of charge to develop, test or scale-up bionanomaterials in the BIONANOPOLYS OITB closes.

Companies wishing to access the services to develop or test nanomaterials can submit their applications until 30 April.

The BIONANOPOLYS test bed could benefit companies involved in the production of biopolymers, cellulose paper, nonwovens, foams, or coatings, as well as the packaging, agriculture, food, cosmetics, pharmaceuticals, hygiene, textiles and 3D printing sectors.

Source:

Sächsisches Textilforschungsinstitut e.V. (STFI)

19.04.2023

Archroma announces CEO Transition

Archroma, a global leader in sustainable specialty chemicals and solutions for the textiles, packaging & paper, paints and coatings industries, announced its transition plan for the role of Chief Executive Officer (CEO). Heike van de Kerkhof, CEO of Archroma since January 2020, will step down effective April 30, 2023, to focus on other career opportunities. Mark Garrett, a seasoned industry executive, will assume the role of interim CEO.

Miguel Kohlmann, Chairman of the Board of Directors of Archroma, said “On behalf of the Board of Directors, I would like to thank Heike for her leadership and tireless dedication to Archroma. Heike joined the company in January 2020 as CEO and has meaningfully advanced the company’s sustainability, innovation, and customer-focused business model, while also successfully closing the transformational acquisition of Huntsman’s Textile Effects business, which will substantially enhance Archroma’s capabilities in serving its customers and markets. We would like to thank Heike for her great contributions through this substantial period of growth and wish her continued success in her next endeavors.”

Archroma, a global leader in sustainable specialty chemicals and solutions for the textiles, packaging & paper, paints and coatings industries, announced its transition plan for the role of Chief Executive Officer (CEO). Heike van de Kerkhof, CEO of Archroma since January 2020, will step down effective April 30, 2023, to focus on other career opportunities. Mark Garrett, a seasoned industry executive, will assume the role of interim CEO.

Miguel Kohlmann, Chairman of the Board of Directors of Archroma, said “On behalf of the Board of Directors, I would like to thank Heike for her leadership and tireless dedication to Archroma. Heike joined the company in January 2020 as CEO and has meaningfully advanced the company’s sustainability, innovation, and customer-focused business model, while also successfully closing the transformational acquisition of Huntsman’s Textile Effects business, which will substantially enhance Archroma’s capabilities in serving its customers and markets. We would like to thank Heike for her great contributions through this substantial period of growth and wish her continued success in her next endeavors.”

Kohlmann continued, “The Board remains committed to accelerating the growth of Archroma and to continuing to provide our customers with the systems, solutions, innovation and technical support that they have come to expect from us, while providing enhanced opportunities for Archroma’s employees. We are enthusiastic about Mark Garrett joining Archroma as interim CEO, a seasoned executive who brings substantial industry experience which encompasses directly relevant knowledge of Archroma’s product portfolio and end markets. Mark has served in the capacity of Chairman and CEO and in senior executive leadership roles with companies such as OMV/Borealis, Marquard & Bahls, Ciba Specialty Chemicals and DuPont. He is a proven leader and the perfect choice to serve as Archroma’s interim CEO. The Board has strong confidence in Archroma’s leadership team and is focused on continuity during this period of transition.”

More information:
Archroma CEO specialty chemicals
Source:

Archroma

(c) Fashion for Good
22.03.2023

Fashion for Good welcomes start-ups to its Global Platform

Fashion for Good welcomes twelve new start-ups to its Global Platform. The selected Innovators will participate in a nine-month innovation programme with bespoke support to validate their technologies in preparation for implementation across the fashion value chain.

The selected innovators represent technologies across Raw Materials, Processing, Traceability & Transparency, Circular Business Models and End of Use.

The selected innovators joining the Fashion for Good 2023 Innovation Programme are: Virent, Inc., ZimoChem Inc, Polybion, Saltico Ltd, Lamoral Coatings B.V., CleanKore LLC, RESPONSIBLE, Qingdao Amino Material Technology Co., Ltd.,Protein Evolution, Inc., DePoly, Ioncell Oy, and SATMA CE.

 

Fashion for Good welcomes twelve new start-ups to its Global Platform. The selected Innovators will participate in a nine-month innovation programme with bespoke support to validate their technologies in preparation for implementation across the fashion value chain.

The selected innovators represent technologies across Raw Materials, Processing, Traceability & Transparency, Circular Business Models and End of Use.

The selected innovators joining the Fashion for Good 2023 Innovation Programme are: Virent, Inc., ZimoChem Inc, Polybion, Saltico Ltd, Lamoral Coatings B.V., CleanKore LLC, RESPONSIBLE, Qingdao Amino Material Technology Co., Ltd.,Protein Evolution, Inc., DePoly, Ioncell Oy, and SATMA CE.

 

Source:

Fashion for Good

Oerlikon
01.03.2023

Riri joins Oerlikon Group - Acquisition Completed

  • Oerlikon takes leadership position in luxury metalware

Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022.

Riri is a provider of coated metal accessories for the luxury fashion industry. This deal is the strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021. It expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware. As the demand for PVD coatings grows, Oerlikon’s PVD technologies that provide environmentally friendly solutions will accelerate the shift of the luxury goods industry to greener PVD technology.

Renato Usoni, CEO of Riri, will lead the newly formed luxury business unit of Oerlikon as President Oerlikon Luxury. Riri will operate as a separate business within the Surface Solutions division. Its zippers and buttons will continue to use the Riri and Cobrax brands on individual products. Oerlikon will consolidate Riri as of March 1, 2023.

  • Oerlikon takes leadership position in luxury metalware

Oerlikon has successfully closed the acquisition of Riri, following the signing of the agreement announced on December 16, 2022.

Riri is a provider of coated metal accessories for the luxury fashion industry. This deal is the strategic next step to complement Oerlikon’s acquisition of Coeurdor in 2021. It expands Oerlikon’s foothold in the luxury market and together creates a leading platform in luxury metalware. As the demand for PVD coatings grows, Oerlikon’s PVD technologies that provide environmentally friendly solutions will accelerate the shift of the luxury goods industry to greener PVD technology.

Renato Usoni, CEO of Riri, will lead the newly formed luxury business unit of Oerlikon as President Oerlikon Luxury. Riri will operate as a separate business within the Surface Solutions division. Its zippers and buttons will continue to use the Riri and Cobrax brands on individual products. Oerlikon will consolidate Riri as of March 1, 2023.

Source:

OC Oerlikon Management AG

01.03.2023

Archroma completes acquisition of Huntsman Textile Effects

Archroma announced the closing of the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

When the Huntsman Textile Effects acquisition was first announced in August 2022, Archroma Group Chief Executive Officer (CEO) Heike van de Kerkhof called the transaction a “merger of equals”. Indeed, the global business of Huntsman Textile Effects comprises approximately 2,300 employees in 33 countries and 10 production sites globally which, when combined with Archroma, means the company will have more than 5,000 employees in total, in 42 countries and 35 production sites.

In addition to the closing of the Textile Effects acquisition, Archroma announced that it has updated its overall business into two operating divisions for growth, each focused on a separate end market.

Archroma announced the closing of the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

When the Huntsman Textile Effects acquisition was first announced in August 2022, Archroma Group Chief Executive Officer (CEO) Heike van de Kerkhof called the transaction a “merger of equals”. Indeed, the global business of Huntsman Textile Effects comprises approximately 2,300 employees in 33 countries and 10 production sites globally which, when combined with Archroma, means the company will have more than 5,000 employees in total, in 42 countries and 35 production sites.

In addition to the closing of the Textile Effects acquisition, Archroma announced that it has updated its overall business into two operating divisions for growth, each focused on a separate end market.

The Textile Effects business acquired from Huntsman will be integrated with the Brand & Performance Textile Specialties business of Archroma into one new division named Archroma Textile Effects. The new division will be led by Rohit Aggarwal, former President of Huntsman Textile Effects, who is appointed as Divisional President & CEO of the Archroma Textile Effects division, as well as President Asia.

The Packaging & Paper Specialties and Coatings, Adhesives & Sealants businesses of Archroma have been recently combined into one new division named Archroma Paper, Packaging & Coatings, under the leadership of Sameer Singla, Divisional President & CEO of the Archroma Paper, Packaging & Coatings division, as well as President Americas and Europe, Middle East & Africa.

This new structure will ensure that both divisions obtain the resources and focus needed to continue providing Archroma’s customers and business partners with the superior experience and solutions they have come to expect.

In particular, Archroma is committed to supporting global megatrends and societal shifts such as circular fashion, plastic-to-paper replacement, and water-based paints and coatings, with the innovations and solutions needed to do so.

Source:

Archroma

(c) Archroma
16.02.2023

Archroma closing acquisition of Huntsman Textile Effects on 28 February 2023

Archroma, a manufacturer of sustainable specialty chemicals and solutions for industries such as textiles, packaging & paper, paints and coatings, announced that it has secured all regulatory approvals required to complete the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

Both parties expect the transaction, which was first announced on 09 August 2022, to close on 28 February 2023.

Archroma is a portfolio company of US-based private investment firm SK Capital Partners. Since its formation in 2013, Archroma acquired and successfully integrated the global textile chemicals businesses of BASF as well as BASF’s stilbene-based OBA business for paper applications, and M. Dohmen, a specialist in coloration for automotive textiles.

Archroma, a manufacturer of sustainable specialty chemicals and solutions for industries such as textiles, packaging & paper, paints and coatings, announced that it has secured all regulatory approvals required to complete the acquisition of the Textile Effects business from Huntsman Corporation (“Huntsman Textile Effects”).

Both parties expect the transaction, which was first announced on 09 August 2022, to close on 28 February 2023.

Archroma is a portfolio company of US-based private investment firm SK Capital Partners. Since its formation in 2013, Archroma acquired and successfully integrated the global textile chemicals businesses of BASF as well as BASF’s stilbene-based OBA business for paper applications, and M. Dohmen, a specialist in coloration for automotive textiles.

Heike van de Kerkhof, Archroma Group Chief Executive Officer (CEO), commented: “We are very excited to see this acquisition nearing completion. I am deeply grateful to the project teams of Archroma and Huntsman who are preparing for a smooth transition for our employees and partners. After closing, we will be able to bring together our expert teams and highly complementary product portfolios to offer our customers and brand partners the high performance they expect, whilst respecting natural resources and the planet.”

Source:

Archroma

(c) AkzoNobel
20.01.2023

AkzoNobel again a European Top Employer

AkzoNobel has been rated as a European Top Employer by the Top Employers Institute for the second consecutive year.

In the latest benchmark review, the company has been recognized in eight countries – Brazil, China, France, Germany, the Netherlands, Sweden, the UK and the US – all of them repeat certifications. AkzoNobel qualifies as a European Top Employer because five of the certified countries are in Europe.

Each year, the Top Employers Institute certifies organizations who are focused on putting people first through their HR policies. The survey covers six HR domains consisting of 20 topics, including people strategy, work environment, talent acquisition, learning, diversity and inclusion, and well-being.

The latest 2023 rating marks the second certification in a row for AkzoNobel in France, Germany and Sweden, the fourth for the Netherlands and the US, the seventh for Brazil, the tenth for China and the 11th for the UK.

AkzoNobel has been rated as a European Top Employer by the Top Employers Institute for the second consecutive year.

In the latest benchmark review, the company has been recognized in eight countries – Brazil, China, France, Germany, the Netherlands, Sweden, the UK and the US – all of them repeat certifications. AkzoNobel qualifies as a European Top Employer because five of the certified countries are in Europe.

Each year, the Top Employers Institute certifies organizations who are focused on putting people first through their HR policies. The survey covers six HR domains consisting of 20 topics, including people strategy, work environment, talent acquisition, learning, diversity and inclusion, and well-being.

The latest 2023 rating marks the second certification in a row for AkzoNobel in France, Germany and Sweden, the fourth for the Netherlands and the US, the seventh for Brazil, the tenth for China and the 11th for the UK.

Source:

AkzoNobel

17.01.2023

ECHA adds nine hazardous chemicals to Candidate List

ECHA has added nine chemicals to the Candidate List because of their hazardous properties. They are used for example in flame retardants, paints and coatings, inks and toners, coating products, plasticisers and in the manufacture of textile, leather or fur and paper.

Entries added to the Candidate List on 17 January 2023:

  • 1,1'-[ethane-1,2-diylbisoxy]bis[2,4,6-tribromobenzene]
  • 2,2',6,6'-tetrabromo-4,4'-isopropylidenediphenol
  • 4,4'-sulphonyldiphenol
  • Barium diboron tetraoxide
  • Bis(2-ethylhexyl) tetrabromophthalate covering any of the individual isomers and/or combinations thereof
  • Isobutyl 4-hydroxybenzoate
  • Melamine
  • Perfluoroheptanoic acid and its salts
  • reaction mass of 2,2,3,3,5,5,6,6-octafluoro-4-(1,1,1,2,3,3,3-heptafluoropropan-2-yl)morpholine and 2,2,3,3,5,5,6,6-octafluoro-4-(heptafluoropropyl)morpholine

Information on these substances' uses and reasons for inclusion on the Candidate List is available here.

 

ECHA has added nine chemicals to the Candidate List because of their hazardous properties. They are used for example in flame retardants, paints and coatings, inks and toners, coating products, plasticisers and in the manufacture of textile, leather or fur and paper.

Entries added to the Candidate List on 17 January 2023:

  • 1,1'-[ethane-1,2-diylbisoxy]bis[2,4,6-tribromobenzene]
  • 2,2',6,6'-tetrabromo-4,4'-isopropylidenediphenol
  • 4,4'-sulphonyldiphenol
  • Barium diboron tetraoxide
  • Bis(2-ethylhexyl) tetrabromophthalate covering any of the individual isomers and/or combinations thereof
  • Isobutyl 4-hydroxybenzoate
  • Melamine
  • Perfluoroheptanoic acid and its salts
  • reaction mass of 2,2,3,3,5,5,6,6-octafluoro-4-(1,1,1,2,3,3,3-heptafluoropropan-2-yl)morpholine and 2,2,3,3,5,5,6,6-octafluoro-4-(heptafluoropropyl)morpholine

Information on these substances' uses and reasons for inclusion on the Candidate List is available here.

 

More information:
ECHA chemicals hazardous
Source:

European Chemicals Agency

(c) SANITIZED AG
Dr. Martin Čadek, CTO SANITIZED AG
02.12.2022

SANITIZED AG stärkt Innovationskompetenz mit neuem CTO

Swiss-based SANITIZED AG is increasing its innovation expertise by appointing a new CTO, Dr. Martin Čadek, who will oversee global technological activities for the specialist antimicrobial hygiene brand. Dr. Čadek will lead the company’s Competence Centre for Technology Innovation and will focus on breaking new ground to develop innovations in sustainability.

Dr. Čadek is a graduate physicist with a master’s degree in polymer science with many years’ experience in the industry working with polymers, fibres, industrial textiles, and extruded polymers. He is joining SANITIZED AG from his most recent role as Managing Director for German subsidiary the Flint Group. His previous roles include the Global Head of Innovation for Energy and Polymer Systems at Evonik/Orion, the Head of Extrusion Technology Business Unit in Europe for Emerell AG, and work with the SGL Group.

Swiss-based SANITIZED AG is increasing its innovation expertise by appointing a new CTO, Dr. Martin Čadek, who will oversee global technological activities for the specialist antimicrobial hygiene brand. Dr. Čadek will lead the company’s Competence Centre for Technology Innovation and will focus on breaking new ground to develop innovations in sustainability.

Dr. Čadek is a graduate physicist with a master’s degree in polymer science with many years’ experience in the industry working with polymers, fibres, industrial textiles, and extruded polymers. He is joining SANITIZED AG from his most recent role as Managing Director for German subsidiary the Flint Group. His previous roles include the Global Head of Innovation for Energy and Polymer Systems at Evonik/Orion, the Head of Extrusion Technology Business Unit in Europe for Emerell AG, and work with the SGL Group.

The Competence Centre for Technology & Innovation will provide services to all three of SANITIZED’s business units: Textiles, Polymer Additives, and Coatings and Preservation. It will be built on top of SANITIZED’s TecCenter for Analytics, Microbiology and Applications and its regulatory department.

More information:
Sanitized AG CTO Hygiene
Source:

SANITIZED AG

20.10.2022

Akzo Nobel N.V. publishes results for Q3 2022

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

  • Pricing up 13%, offsetting the increase of raw material and other variable costs. Volumes 5% lower, mainly due to destocking in the distribution channels in Decorative Paints in Europe and in Performance Coatings, as well as lower market demand in China
  • Operating income at €168 million (2021: €226 million), includes €16 million negative impact from Identified items (2021: €15 million net negative impact) and €17 million negative from the retrospective hyperinflation impact of the first half-year of 2022. OPI margin 5.9% (2021: 9.4%)
  • Adjusted operating income3 at €184 million (2021: €241 million); excluding the retrospective impact of hyperinflation accounting at €201 million
  • Net cash from operating activities decreased to an inflow of €126 million (2021: inflow of €290 million)
  • Net income attributable to shareholders at €84 million (2021: €164 million)
  • EPS from total operations at €0.48 (2021: €0.89); adjusted EPS from continuing operations at €0.57 (2021: €0.93)
  • Interim dividend of €0.44 per share (2021: €0.44 per share)

AkzoNobel CEO, Thierry Vanlancker, commented: “Our €201 million adjusted operating income excluding the retrospective impact of hyperinflation accounting bring our Q3 results in line with the market update issued at the end of September. Sharply increased macro-economic uncertainties negatively impacted consumer confidence. This resulted in destocking across several distribution channels in decorative paints Europe and performance coatings, while the market in China was impacted by the ongoing zero COVID-19 policy. Thanks to the strong commitment of our teams, we continue to offset the impact of raw material and freight cost inflation with pricing. We’ve now delivered cumulative pricing of 22% over the last two years. The macro-economic turbulence is expected to continue well into next year. We’ve therefore decided to suspend our targets for 2023 and will provide further guidance when announcing our full-year 2022 results. In the meantime, we will continue to focus on our margin management and cost reduction initiatives.”

Source:

AkzoNobel

07.10.2022

AkzoNobel: Q3 update following high macro-economic uncertainty

AkzoNobel provides a Q3 update as high macro-economic uncertainty - especially in Europe and China - led to near historical low consumer confidence. In anticipation, customers and channel partners in the paints and coatings industry are proactively destocking in these regions.
 
The Q3 adjusted operating income is now expected to be in the range of €195 million to €215 million (2021: €241 million), excluding a retroactive impact from hyperinflation accounting regarding Türkiye.
 
Current demand trends are expected to continue in Q4, whilst benefits will come from the company’s own initiatives to reduce costs, improve working capital and ongoing pricing initiatives. While Q3 will see the highest raw material cost impact since the inflation cycle started early 2021, pricing will continue to offset raw material and freight inflation. Overall raw material supply is normalizing and raw material prices are starting to soften broadly.
 
Financial results for Q3 of 2022 will be announced on October 20.

AkzoNobel provides a Q3 update as high macro-economic uncertainty - especially in Europe and China - led to near historical low consumer confidence. In anticipation, customers and channel partners in the paints and coatings industry are proactively destocking in these regions.
 
The Q3 adjusted operating income is now expected to be in the range of €195 million to €215 million (2021: €241 million), excluding a retroactive impact from hyperinflation accounting regarding Türkiye.
 
Current demand trends are expected to continue in Q4, whilst benefits will come from the company’s own initiatives to reduce costs, improve working capital and ongoing pricing initiatives. While Q3 will see the highest raw material cost impact since the inflation cycle started early 2021, pricing will continue to offset raw material and freight inflation. Overall raw material supply is normalizing and raw material prices are starting to soften broadly.
 
Financial results for Q3 of 2022 will be announced on October 20.

Source:

AkzoNobel

(c) AkzoNobel
26.09.2022

AkzoNobel’s Paint the Future India challenge awards two startups

Two startups in India have won Paint the Future awards and the chance to continue working together with AkzoNobel to accelerate their solutions.

The winning submissions answered the company’s call for innovative ways to enhance the digital consumer experience for Dulux paints in India. The winners are:

  • HyperReality Technologies - Collaborative platform for inspiration and visualization of a space in the metaverse
  • Fluid AI - Multi-channel, conversational, immersive and interactive AI platform to guide consumers during their painting journey

Having already signed letters of intent to work together on sustainable business opportunities, the two winners now join AkzoNobel’s accelerator program.

The India startup challenge is the third regional edition of Paint the Future. Run in partnership with NASSCOM Industry Partnership Program (NIPP), the challenge attracted 207 submissions from 33 cities across India.

Two startups in India have won Paint the Future awards and the chance to continue working together with AkzoNobel to accelerate their solutions.

The winning submissions answered the company’s call for innovative ways to enhance the digital consumer experience for Dulux paints in India. The winners are:

  • HyperReality Technologies - Collaborative platform for inspiration and visualization of a space in the metaverse
  • Fluid AI - Multi-channel, conversational, immersive and interactive AI platform to guide consumers during their painting journey

Having already signed letters of intent to work together on sustainable business opportunities, the two winners now join AkzoNobel’s accelerator program.

The India startup challenge is the third regional edition of Paint the Future. Run in partnership with NASSCOM Industry Partnership Program (NIPP), the challenge attracted 207 submissions from 33 cities across India.

Nine finalists were invited to an intense two-day bootcamp program, where customized sessions with AkzoNobel experts helped them further refine their solution’s value proposition before the final pitch to the Paint the Future jury.

Source:

AkzoNobel

08.09.2022

Monforts at ITMA ASIA + CITME

Monforts will highlight its technologies for special technical textile applications at this year’s ITMA ASIA + CITME which takes place at the National Exhibition and Convention Center in Shanghai, China, from November 20-24.

One of Monforts' developments is the Montex 8500 XXL stenter system for the production of technical fabrics in widths of up to 6.8 metres. Among the products made on this system are treated nonwovens for the geotextiles and filter media markets, tarpaulins, advertising banners, black-out curtains, membranes and many more.

On Montex©Coat coating lines, meanwhile, the possibilities range from the single-sided application of finishing agents for outdoor clothing and adding functionality to home textiles, to the creation of materials for sophisticated lightweight construction and automotive and aerospace components.

Monforts will highlight its technologies for special technical textile applications at this year’s ITMA ASIA + CITME which takes place at the National Exhibition and Convention Center in Shanghai, China, from November 20-24.

One of Monforts' developments is the Montex 8500 XXL stenter system for the production of technical fabrics in widths of up to 6.8 metres. Among the products made on this system are treated nonwovens for the geotextiles and filter media markets, tarpaulins, advertising banners, black-out curtains, membranes and many more.

On Montex©Coat coating lines, meanwhile, the possibilities range from the single-sided application of finishing agents for outdoor clothing and adding functionality to home textiles, to the creation of materials for sophisticated lightweight construction and automotive and aerospace components.

“Many more applications are possible, such as the overdyeing of denim, the creation of double-face coated materials, fabrics awnings, tents and medical drapes and the pre-treatment of substrates for digital printing”, explains Gunnar Meyer, Monforts area sales manager for China. “A range of different doctor blades and their combinations can be supplied to meet individual requirements, including air knife, roller knife, foam, screen and magnetic roller coating. The latter option is recommended for lines with working widths of over 2.4 metres.”

In addition, Monforts can provide the necessary explosion-proof ranges for solvent-based coatings and high temperature processes up to 320°C, such as the PTFE coating of nonwoven filter material. These lines are equipped with special burners, stenter chains, and insulation.

Source:

 A. Monforts Textilmaschinen GmbH & Co. KG / AWOL Media