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(c) Textile Exchange
17.08.2021

Textile Exchange: Preferred Fiber and Materials Market Report 2021 released

  • Textile Exchange report shows growth of preferred fiber and materials market needs to be accelerated
  • With post-pandemic fiber production increasing, the transition to preferred fibers and materials must be a non-negotiable decision, notes Textile Exchange.

According to a new Textile Exchange report, the market share for preferred fiber and materials grew significantly in 2020. The Preferred Fiber and Materials Market Report 2021 outlines the market for plant fibers such as cotton, hemp, and linen; animal fibers and materials such as wool, mohair, cashmere, alpaca, down, silk, and leather; manmade cellulosics (MMCFs) such as viscose, lyocell, modal, acetate, and cupro; as well as synthetics such as polyester, polyamide, and more.

  • Textile Exchange report shows growth of preferred fiber and materials market needs to be accelerated
  • With post-pandemic fiber production increasing, the transition to preferred fibers and materials must be a non-negotiable decision, notes Textile Exchange.

According to a new Textile Exchange report, the market share for preferred fiber and materials grew significantly in 2020. The Preferred Fiber and Materials Market Report 2021 outlines the market for plant fibers such as cotton, hemp, and linen; animal fibers and materials such as wool, mohair, cashmere, alpaca, down, silk, and leather; manmade cellulosics (MMCFs) such as viscose, lyocell, modal, acetate, and cupro; as well as synthetics such as polyester, polyamide, and more.

The report is a unique annual publication about global fiber and materials production, availability, and trends, including those associated with improved social and environmental impacts, referred to as ”preferred.” The comprehensive report includes quantitative data, industry updates, trend analysis and inspiring insights into the work of leading companies and organizations as they create material change.

The results show that between 2019 and 2020 the market share of preferred cotton increased from 24 to 30 percent and recycled polyester from 13.7 to 14.7 percent. Preferred cashmere increased from 0.8 to 7 percent of all cashmere produced while Responsible Mohair Standard certified fiber expanded from 0 to 27 percent of all mohair produced worldwide in its first year of existence in 2020. The market share of FSC and/or PEFC certified MMCFs increased to approximately 55-60 percent. While the market share of recycled MMCFs is only 0.4 percent, it is expected to increase significantly in the following years.

Brands’ increased interest in the use of preferred fibers and materials was also demonstrated by 75 percent increase in the total number of facilities (to 30,000) around the world becoming certified to the organization’s portfolio of standards in 2020. However, the report also notes that despite the increase, preferred fibers only represent less than one-fifth of the global fiber market. Less than 0.5 percent of the global fiber market was from pre- and post-consumer recycled textiles.

Indeed, global fiber production has almost doubled in the last 20 years from 58 million tonnes in 2000 to 109 million tonnes in 2020. While it is not yet clear how the pandemic and other factors will impact future development, global fiber production is expected to increase by another 34 percent to 146 million tonnes in 2030 if the industry builds back business as usual. If this growth continues, it will be increasingly difficult for the industry to meet science-based targets for climate and nature.

Textile Exchange aims to be the driving force for urgent climate action, and its Climate+ strategy calling for the textile industry to reduce greenhouse gas emissions by 45 percent by 2030 compared to a 2019 baseline in the pre-spinning phase of textile fiber and materials production, while also addressing other impact areas interconnected with climate such as water, biodiversity, and soil health.

Source:

Textile Exchange

Cinte Techtextil China 2022 confirmed for September (c) Messe Frankfurt (HK) Ltd
17.08.2021

Cinte Techtextil China 2022 confirmed for September

The 2022 edition of Cinte Techtextil China has been confirmed to take place from 6 – 8 September at the Shanghai New International Expo Centre. 2021 saw 366 exhibitors and 14,868 visits recorded at the June hybrid event, which offered in-person and digital options for suppliers and buyers.

This year’s edition of Cinte Techtextil China marked the first time the fair was held annually, and the second year physical and online participation options were available, with both aspects well received by exhibitors and visitors.

The 2022 edition of Cinte Techtextil China has been confirmed to take place from 6 – 8 September at the Shanghai New International Expo Centre. 2021 saw 366 exhibitors and 14,868 visits recorded at the June hybrid event, which offered in-person and digital options for suppliers and buyers.

This year’s edition of Cinte Techtextil China marked the first time the fair was held annually, and the second year physical and online participation options were available, with both aspects well received by exhibitors and visitors.

Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd elaborated: “The response from our exhibitors this year was the Chinese market is still growing strongly, and having an annual edition allows them to benefit from these opportunities on a more regular basis. The domestic economy has shown strong resilience over 2020 and so far in 2021, and this has allowed the technical textiles and nonwovens sector to maintain the growth momentum it has experienced over the past years. As more economies return to normal in 2022, we expect export orders for the sector to receive a further boost which will benefit those overseas companies with business in the Chinese market.”

Cinte Techtextil China’s product categories cover 12 application areas, which comprehensively span the full range of potential uses of modern technical textiles and nonwovens. These categories also span the entire industry, from upstream technology and raw materials providers to finished fabrics, chemicals and other solutions.

Photo: Pixabay
16.08.2021

Hohenstein: New quantitative method to detect genetic modifications in organic cotton

There has been a sharp rise in demand for organic cotton products. Compared to conventionally grown cotton, the cultivation of organic cotton requires the renunciation of genetically modified seeds, chemical pesticides or fertilisers. Nevertheless, genetic modifications are repeatedly found in textiles that are falsely labelled with organic claims. Often, available certification systems are not backed up by lab testing. At best, they only take random seed samples. Textile testing specialist, Hohenstein, has developed an assessment method specifically for cotton. This new DNA analysis method makes it possible to ascertain the amount of genetically modified cotton contained in products. This is good news for textile industry stakeholders who will be on the safe side in terms of quality control and labelling of organic cotton products.

There has been a sharp rise in demand for organic cotton products. Compared to conventionally grown cotton, the cultivation of organic cotton requires the renunciation of genetically modified seeds, chemical pesticides or fertilisers. Nevertheless, genetic modifications are repeatedly found in textiles that are falsely labelled with organic claims. Often, available certification systems are not backed up by lab testing. At best, they only take random seed samples. Textile testing specialist, Hohenstein, has developed an assessment method specifically for cotton. This new DNA analysis method makes it possible to ascertain the amount of genetically modified cotton contained in products. This is good news for textile industry stakeholders who will be on the safe side in terms of quality control and labelling of organic cotton products.

First step: qualitative screening and identification. Second step: quantification of genetically modified cotton.
For qualitative screening, Hohenstein experts had developed molecular biological detection systems to make clear yes/no statements about genetically modified cotton. Testing can be applied to all kinds of materials, from raw cotton to chemically untreated yarns and fabrics. In addition, Hohenstein is one of only a few laboratories in the world accredited to test for GMOs in accordance with the ISO/IWA 32:2019 protocol. Its method provides reliable evidence of the presence or exclusion of genetic modification in cotton textile precursors.

Once qualitative proof of genetic modification is obtained, Hohenstein experts begin quantifying the type and extent of the genetic modifications. To do this, they use DNA analysis to search for different cotton lines known to contain genetic alterations and quantify the proportion. Only by pinpointing individual genetic modifications and quantifying the extent of modification is it possible to provide precise information on whether there is an extremely small proportion of contamination, or whether larger proportions of GMOs have been mixed in. This offers clear benefits to manufacturers, brand owners and retailers when it comes to supply chain transparency and fraud prevention.

Source:

Hohenstein Laboratories GmbH & Co. KG.

Röhm with innovative materials at Fakuma 2021 (c) Röhm GmbH
16.08.2021

Röhm with innovative materials at Fakuma 2021

  • Röhm will be presenting the new PLEXIGLAS® Optical HT special molding compound for increased continuous service temperatures, as well as other products for various application areas
  • Highlight: PLEXIGLAS® molding compounds for innovative design of vehicles, luminaires and household appliances

The transition in the automotive industry towards electric vehicles is heralding a change in the design language, just like LEDs did for luminaires. Material manufacturers are adapting to these new conditions and are developing custom materials for the respective applications. Between October 12 and 16, the Molding Compounds business unit will be demonstrating how design elements can be combined with a range of functions at the Fakuma 2021 trade fair in Friedrichshafen.

PLEXIGLAS® molding compounds have proven their worth in many fields of application – from the automotive and lighting industries to the electronics and household appliance sectors.

  • Röhm will be presenting the new PLEXIGLAS® Optical HT special molding compound for increased continuous service temperatures, as well as other products for various application areas
  • Highlight: PLEXIGLAS® molding compounds for innovative design of vehicles, luminaires and household appliances

The transition in the automotive industry towards electric vehicles is heralding a change in the design language, just like LEDs did for luminaires. Material manufacturers are adapting to these new conditions and are developing custom materials for the respective applications. Between October 12 and 16, the Molding Compounds business unit will be demonstrating how design elements can be combined with a range of functions at the Fakuma 2021 trade fair in Friedrichshafen.

PLEXIGLAS® molding compounds have proven their worth in many fields of application – from the automotive and lighting industries to the electronics and household appliance sectors.

The brand polymethyl methacrylate (PMMA) from Röhm is an extremely diverse plastic that offers great design freedom and boasts great light-guiding properties. At the same time, it impresses with its low weight and easy to mold and process. The material also stands out thanks to its UV and weather resistance and its resulting durability. At Fakuma 2021, Röhm will be showcasing the material’s versatile properties and present its extensive portfolio based on various application examples of PLEXIGLAS® molding compounds.

Source:

Röhm GmbH

(c) Indorama Ventures Public Company Limited
16.08.2021

Indorama Ventures acquires Brazil-based Oxiteno

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

Oxiteno is a leading integrated surfactants producer, catering to highly attractive end-use markets in LATAM. The acquisition brings an excellent management team, world-class expertise in green chemistry innovation, strong customer relationships in Brazil, Uruguay and Mexico, and substantial growth potential in attractive end markets, including the U.S. through a new facility in Pasadena, Texas. Oxiteno has a strong commitment to environmental governance, and its focus on lowering greenhouse gas emissions will also enhance IVL’s ESG credentials.

Source:

Indorama Ventures Public Company Limited

TMAS: Swedish Group ACG turns 100 (c) Ismail Abdelkareem, ACG Goup
ACG’s Reimar Westerlind and Thomas Arvidsson at the company’s head office in Borås, Sweden
16.08.2021

TMAS: Swedish Group ACG turns 100

It is exactly 100 years ago on August 17th this year that Carl Axel Gustafsson returned from the USA to Sweden with a significant agency agreement from the Boston-based sewing machine leader Reece.

Back in 1921, Reece, along with its competitor Singer, entirely dominated the buttonhole machine market and were the world’s only manufacturers of these machines for jackets, trousers and coats.

Gustafsson’s license enabled his new company A C Gustafsson to become one of Europe’s first leasing organisations, hiring out Reece buttonhole machines and receiving payment per sewn buttonhole stitch.

This business thrived for many decades and formed the basis for the entire ACG Group as it exists today.

Forty years later, on September 2nd 1961 to be precise, Reimar Westerlind walked out of a restaurant after a long and enjoyable lunch with someone he’d never met before, having signed his intention to buy a company he knew nothing about on an improvised contract written on the back of a menu.

It is exactly 100 years ago on August 17th this year that Carl Axel Gustafsson returned from the USA to Sweden with a significant agency agreement from the Boston-based sewing machine leader Reece.

Back in 1921, Reece, along with its competitor Singer, entirely dominated the buttonhole machine market and were the world’s only manufacturers of these machines for jackets, trousers and coats.

Gustafsson’s license enabled his new company A C Gustafsson to become one of Europe’s first leasing organisations, hiring out Reece buttonhole machines and receiving payment per sewn buttonhole stitch.

This business thrived for many decades and formed the basis for the entire ACG Group as it exists today.

Forty years later, on September 2nd 1961 to be precise, Reimar Westerlind walked out of a restaurant after a long and enjoyable lunch with someone he’d never met before, having signed his intention to buy a company he knew nothing about on an improvised contract written on the back of a menu.

“What I didn’t know then was that my dining partner was the family lawyer of Carl Axel Gustafsson,” Reimar explains. “I had no money and knew nothing about the textile industry and I also quickly discovered the business was not doing so well at that time and tried to get out of the agreement, but he insisted I honour it. He told me he had money and would back me, but I’d have to work hard and pay him back in full.”

Reimar certainly took that advice, and at the age of 92 still travels to his office every day to oversee the operations of the diverse companies now operating under the ACG umbrella.

Although textiles remain the bedrock of the business, under Reimar Westerlind’s management, ACG Group has branched out into many other fields of activity over the past 60 years, and its diversity has also led to some highly unexpected developments.

Like many other European manufacturers, ACG also began to expand beyond its traditional borders from the 1970s onwards – initially into the former Soviet Union and subsequently establishing subsidiaries in Estonia, Lithuania, Finland, the Ukraine and Denmark.

16.08.2021

Rieter Board of Directors: Dismissals and Criminal Complaint

As the Rieter Holding Ltd. Announced, during the course of the acquisition of three Saurer businesses’, it came to serious violations of the statutory duty of loyalty, the obligation to maintain business secrets and the Rieter Code of Conduct by two members of the Board of Directors. They are said to have misused information internal to the Board of Directors in order to compete with Rieter through an offer of their own.

The Board of Directors considers this to be a strong violation of Rieter’s interests, to the detriment of all of its stakeholders, and a sustained breach of the relationship of trust within the Board of Directors which makes further cooperation impossible.

Therefore, the Board of Directors of Rieter Holding Ltd. intends to convene an Extraordinary General Meeting to dismiss these members. Furthermore, to protect Rieter’s interests, the Board of Directors will file a criminal complaint against them.

As the Rieter Holding Ltd. Announced, during the course of the acquisition of three Saurer businesses’, it came to serious violations of the statutory duty of loyalty, the obligation to maintain business secrets and the Rieter Code of Conduct by two members of the Board of Directors. They are said to have misused information internal to the Board of Directors in order to compete with Rieter through an offer of their own.

The Board of Directors considers this to be a strong violation of Rieter’s interests, to the detriment of all of its stakeholders, and a sustained breach of the relationship of trust within the Board of Directors which makes further cooperation impossible.

Therefore, the Board of Directors of Rieter Holding Ltd. intends to convene an Extraordinary General Meeting to dismiss these members. Furthermore, to protect Rieter’s interests, the Board of Directors will file a criminal complaint against them.

Source:

Rieter Holding AG

16.08.2021

Rieter Acquires Three Businesses from Saurer

  • Schlafhorst automatic winder as well as Accotex and Temco will be transferred from Saurer to Rieter
  • Investment to complete Rieter’s ring- and compact spinning systems and in two attractive component businesses
  • Closing expected during the month of August, implementation to be completed in six to nine months

On August 13, 2021, Rieter Holding Ltd., Winterthur/Switzerland, and Saurer Intelligent Technology Co. Ltd., Shanghai/China listed, signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V., Amsterdam/Netherlands, the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach-Palenberg/Germany and Saurer Technologies GmbH & Co. KG, Krefeld/Germany.

With this acquisition, Rieter will complete the offering of ring- and compact spinning systems by acquiring the Schlafhorst automatic winder business. Additionally, Rieter invests in two attractive component businesses: Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines).

  • Schlafhorst automatic winder as well as Accotex and Temco will be transferred from Saurer to Rieter
  • Investment to complete Rieter’s ring- and compact spinning systems and in two attractive component businesses
  • Closing expected during the month of August, implementation to be completed in six to nine months

On August 13, 2021, Rieter Holding Ltd., Winterthur/Switzerland, and Saurer Intelligent Technology Co. Ltd., Shanghai/China listed, signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V., Amsterdam/Netherlands, the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach-Palenberg/Germany and Saurer Technologies GmbH & Co. KG, Krefeld/Germany.

With this acquisition, Rieter will complete the offering of ring- and compact spinning systems by acquiring the Schlafhorst automatic winder business. Additionally, Rieter invests in two attractive component businesses: Accotex (elastomer components for spinning machines) and Temco (bearing solutions for filament machines).

In total, the three businesses had a combined turnover of EUR 142 million in 2020, the year of the COVID crisis. In 2019 and 2018, the total combined turnover was at a level of EUR 235 million and EUR 260 million, respectively.

The purchase price for the three businesses is EUR 300 million on a cash and debt free basis. Rieter has financed the purchase price by cash and available credit lines.

Rieter and Saurer expect to close the transaction during the month of August. In the first step of the transaction, Rieter will acquire 57% of the shares of Saurer Netherlands. The shares will be returned to Saurer after the implementation of the transaction in six to nine months.

In connection with the transaction, it is envisaged that Rieter will supply automatic winders to Saurer in the future.

Source:

Rieter Management AG

(c) Brückner Trockentechnik GmbH & Co. KG
12.08.2021

BRÜCKNER successful in Turkey with stenters

The Turkish company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaraş, one of the southernmost cities of the country. Today, the family-owned company employs around 1,500 people and finishes around 55 tons of knitwear every day. In addition to many well-known Turkish fashion manufacturers, ARIKAN also supplies international manufacturers in Europe, Russia, the Gulf States and other leading international markets.

The Turkish company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaraş, one of the southernmost cities of the country. Today, the family-owned company employs around 1,500 people and finishes around 55 tons of knitwear every day. In addition to many well-known Turkish fashion manufacturers, ARIKAN also supplies international manufacturers in Europe, Russia, the Gulf States and other leading international markets.

The German machinery manufacturer BRÜCKNER supported the Turkish company from the very beginning. From the foundation of the dyeing and finishing plant, BRÜCKNER supplied three stenters for the finishing of the high-quality knitted fabric in 2014. Two more lines followed in 2016. For decades, BRÜCKNER has been the market leader for the finishing of knitted fabric. Especially for very fine and elastic fabric, special line configurations and technological know-how are necessary to be able to produce a high-quality end product. During the drying and heat-setting process, for example, extremely accurate and uniform temperature distribution over the entire length and width of the dryer is essential. In the BRÜCKNER stenter this is achieved, among other things, by the alternating arrangement of the thermal zones every 1.5 meters and by the proven split-flow air system.

The machine operators at ARIKAN appreciate the easy control of BRÜCKNER lines. The visualization is intuitively designed and offers many auxiliary systems for an optimized production process. In addition, significant energy savings can be achieved with just a few changes to the machine parameters.

The management at ARIKAN attaches great importance to energy saving, especially in the fabric finishing department. The drying process is one of the most energy-intensive in the entire process chain, therefore the biggest savings can be made here. These have a direct impact on the manufacturing costs of the textiles and thus on competitiveness in the market. In the meantime, talks are already in progress for another BRÜCKNER line which will include a very special feature: a combined heating system for the dryer. For many customers - and so also for ARIKAN in Turkey - e.g. steam energy is available free or very cheap. With the combined heating system developed by BRÜCKNER it is possible to use this steam energy for heating up the dryer and thus to achieve significant savings. If the available steam is not sufficient for a running process, it is automatically switched over to gas heating. This mode of operation does not only have an effect on the energy costs, but also makes a considerable contribution to environmental protection.

EVOLVE von Checkpoint Systems Foto: Pixabay
12.08.2021

Belastung durch elektromagnetische Felder bei EAS-Systemen

  • Aktuelle EAS-Systeme von Checkpoint Systems erfüllen die in Deutschland geltenden Anforderungen in Bezug auf die Belastung durch elektromagnetische Felder

Eine Gefährdungsbeurteilung ist verpflichtend
„Beim Einsatz von elektronischen Artikelsicherungssystemen (EAS-Systemen) zur Diebstahlprävention sind Einzelhändler verpflichtet, eine Gefährdungsbeurteilung hinsichtlich der Exposition gegenüber elektromagnetischen Feldern durchzuführen. Eine Konformitätserklärung des Herstellers ist dafür nicht ausreichend“, sagt ein Sprecher der Berufsgenossenschaft Handel und Warenlogistik.

Die CSA Group, ein international anerkannter und akkreditierter Anbieter von Prüf- und Zertifizierungsdienstleistungen, hat die elektronischen Radiofrequenz-Warensicherungssysteme von Checkpoint Systems in deren Auftrag geprüft und bestätigt die Einhaltung der in Deutschland geltenden Anforderungen in Bezug auf die Belastung durch elektromagnetische Felder.

  • Aktuelle EAS-Systeme von Checkpoint Systems erfüllen die in Deutschland geltenden Anforderungen in Bezug auf die Belastung durch elektromagnetische Felder

Eine Gefährdungsbeurteilung ist verpflichtend
„Beim Einsatz von elektronischen Artikelsicherungssystemen (EAS-Systemen) zur Diebstahlprävention sind Einzelhändler verpflichtet, eine Gefährdungsbeurteilung hinsichtlich der Exposition gegenüber elektromagnetischen Feldern durchzuführen. Eine Konformitätserklärung des Herstellers ist dafür nicht ausreichend“, sagt ein Sprecher der Berufsgenossenschaft Handel und Warenlogistik.

Die CSA Group, ein international anerkannter und akkreditierter Anbieter von Prüf- und Zertifizierungsdienstleistungen, hat die elektronischen Radiofrequenz-Warensicherungssysteme von Checkpoint Systems in deren Auftrag geprüft und bestätigt die Einhaltung der in Deutschland geltenden Anforderungen in Bezug auf die Belastung durch elektromagnetische Felder.

Es bestehe daher keine Notwendigkeit für Angestellte oder Kunden, einen Sicherheitsabstand zu den Radiofrequenz (RF)-Antennen und Deaktivierungseinrichtungen der aktuellen EVOLVE- und NEO-Serie von Checkpoint Systems einzuhalten. Auch die Berufsgenossenschaft Handel und Warenlogistik (BGHW) bestätigt, dass für die beiden genannten Produktreihen aussagekräftige Unterlagen vorliegen.

Die CSA Group kommt in ihrem Prüfbericht zum positiven Fazit: „Checkpoint Systems hält die vorgeschriebenen Grenzwerte für die Exposition gegenüber elektromagnetischen Feldern direkt an den Antennen und Deaktivierungseinrichtungen ein, das heißt in einem Abstand von null Zentimetern. Daher ist es nicht notwendig, einen Sicherheitsabstand zu den Systemen von Checkpoint Systems einzuhalten“, sagt ein Sprecher der CSA Group. „Für die Beurteilung wurden die einschlägigen europäischen und nationalen Vorschriften und Normen herangezogen.“

Source:

Carta GmbH für Checkpoint Systems

12.08.2021

SGL Carbon: strong first half of 2021

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

  • Transformation program and improving order situation show first successes
  • Sales up 8.8% to €496.7 million compared with first half of previous year
  • Adjusted EBITDA improves by 70.7% to €71.7 million
  • Positive business development led to forecast increase on July 13, 2021

While the past fiscal year 2020 was still characterized by a Corona-related slump in orders in many business areas of SGL Carbon, demand picked up again in the first six months of 2021. Accordingly, Group sales increased by 8.8% to €496.7 million in H1 2021 (H1 2020: €456.5 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the €40.2 million increase in sales. Carbon Fibers contributed €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

With sales of €221.2 million, the Graphite Solutions business area contributed around 44.5% of SGL Group sales. The 3.8% increase in the division's sales was particularly due to the positive development in the important markets of the LED, semiconductor and automotive industries.

Transformation program:
The restructuring and transformation process initiated at SGL Carbon made a significant contribution to the Company's positive sales and earnings performance. In addition to leaner and more efficient structures as well as a reorganization of the business units with responsibility for results, a large number of improvements and cost initiatives in all business units and sites have contributed to the success of the ongoing transformation program.

Forecast increase:
Due to pleasing business development in the first half of the year as well as transformation successes, SGL Carbon raised its forecast for fiscal year 2021 on July 13, 2021. For the financial year 2021, the company now expects consolidated sales of around €1.0 billion (previously: €920 - 970 million). In line with developments in the first half of 2021 and the results from the transformation, adjusted EBITDA for 2021 is expected to be between €130 - 140 million (previously: €100 - 120 million). Accordingly, a slightly positive net profit is now forecasted for fiscal year 2021 (previously: €-20 million to €0).

More information:
SGL Carbon SGL Carbon SE
Source:

SGL CARBON SE

 

11.08.2021

USA: Long-Term Contracts for Domestic PPE Guaranteed

  • The National Council of Textile Organizations (NCTO) Welcomes Senate Passage of Infrastructure Bill

WASHINGTON—The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished products, issued a statement today welcoming Senate passage of a bipartisan infrastructure bill that will provide billions of dollars in new spending to revitalize the nation’s roads, bridges and railways and help reconstitute a domestic supply chain for personal protective equipment (PPE).

“We commend the Senate for passing the bipartisan infrastructure bill, which will provide critical resources for our nation’s aging infrastructure and at the same time help incentivize the reshoring of personal protective equipment (PPE) production, an important priority of the U.S. textile industry,” said NCTO President and CEO Kim Glas.

  • The National Council of Textile Organizations (NCTO) Welcomes Senate Passage of Infrastructure Bill

WASHINGTON—The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber through finished products, issued a statement today welcoming Senate passage of a bipartisan infrastructure bill that will provide billions of dollars in new spending to revitalize the nation’s roads, bridges and railways and help reconstitute a domestic supply chain for personal protective equipment (PPE).

“We commend the Senate for passing the bipartisan infrastructure bill, which will provide critical resources for our nation’s aging infrastructure and at the same time help incentivize the reshoring of personal protective equipment (PPE) production, an important priority of the U.S. textile industry,” said NCTO President and CEO Kim Glas.

NCTO worked with congressional allies to include a version of the Make PPE in America Act, legislation co-sponsored by Senator Rob Portman (R-OH) and Senator Gary Peters (D-MI), in the infrastructure legislative package. The bill ensures all PPE purchased by the Departments of Homeland Security, Health and Human Services and Veterans Affairs are Berry Amendment-compliant; guarantees long-term contracts (a minimum of two years) to U.S. manufacturers; and creates a tiered preference for PPE made in the Western Hemisphere by our free trade partners using U.S. components, after domestic manufacturing capacity has been maximized.

“We sincerely thank Senator Portman and Senator Peters for working to include their Make PPE in America Act in the infrastructure bill,” Glas said. “This bill will help onshore critical production of personal protective equipment (PPE) by guaranteeing long-term contracts for domestically produced PPE and ensuring that taxpayer dollars are utilized to bolster the federal purchase of American-made PPE.

The U.S. manufacturing industry has produced over a billion lifesaving PPE and other medical products over the last year, as NCTO members retooled production chains in response to the nation’s needs. We will continue to urge the government to purchase Berry-compliant products containing 100 percent domestic content for PPE to help bolster the full U.S. production chain in the future.”

Source:

NCTO

MS establishes new business unit "Nonwovens" (c) MS Ultraschall Technologie GmbH
MS UTG Kampagnenmotiv
11.08.2021

MS establishes new business unit "Nonwovens"

The MS Ultrasonic Technology Group is a globally recognized technology and innovation leader in ultrasonic joining technology and develops and builds flexible special machines, pioneering series machines, modular systems and efficient components for high-performance complete solutions.

This enables optimal welding, punching, sealing, cut-off welding and riveting of thermoplastics, textiles and nonwovens as well as cutting of food and other products.

To ensure sustainable growth, MS is focusing on expanding its application portfolio and entering new market segments. MS Ultrasonic Technology Group is part of the listed MS Industrie AG with internationally active companies.

In addition to the company's previous activities, MS is now placing a new focus on the continuous welding of nonwovens and other materials.

The MS Ultrasonic Technology Group is a globally recognized technology and innovation leader in ultrasonic joining technology and develops and builds flexible special machines, pioneering series machines, modular systems and efficient components for high-performance complete solutions.

This enables optimal welding, punching, sealing, cut-off welding and riveting of thermoplastics, textiles and nonwovens as well as cutting of food and other products.

To ensure sustainable growth, MS is focusing on expanding its application portfolio and entering new market segments. MS Ultrasonic Technology Group is part of the listed MS Industrie AG with internationally active companies.

In addition to the company's previous activities, MS is now placing a new focus on the continuous welding of nonwovens and other materials.

More than 30 years of experience in the development and production of high-quality and innovative ultrasonic components, coupled with know-how in drive and control technology, will be incorporated into the new business segment. This means that customers receive ready-to-integrate systems with maximum precision from a single source. With the new MS Competence Center in Ettlingen (Germany), MS is fulfilling the wish of many customers to expand its application portfolio to include continuous joining, embossing and perforating of nonwovens and sealing of packaging.

MS is thus adding an innovative and specialized site, while maintaining a high level of vertical integration and support for all specialist areas through its main site in Spaichingen (Germany). In two application laboratories and a measurement and analysis laboratory, tests, evaluations and optimizations of various welding tasks are just as much a part of the service as the in-house production of engraving rollers through to complete systems.

  • Application engineering consulting for your welding task
  • Support in the design of the engraving roll
  • Execution of feasibility studies
  • Welding tests to determine the process parameters
  • Individualized process optimization
  • Finding solutions for problematic welding applications
  • Testing of quality-describing characteristics (tightness, porosity, strength)
  • Microscopic analysis of the welded joint in 3D
  • Sample creation and pre-series production
Source:

MS Ultraschall Technologie GmbH

(c) JANDALI MODE.MEDIEN.MESSEN für CHIC
10.08.2021

CHIC Shanghai in October instead of August 2021

Instead of taking place from August 25-27 as originally planned, Asia's leading trade fair for fashion and lifestyle will now be held from October 9-11, 2021 at the National Exhibition and Convention Center in Shanghai. The fair has been taking place physically again since July 2020, always in compliance with strict safety and hygiene regulations. Various digital platforms are being set up in parallel.

The around 500 brands registered for CHIC (August) will now present themselves to the trade visitors in autumn on 62,000 sqm, including important industry players such as JINTIANSHI (menswear), VINI Bespoke (menswear), Zaijiu (womenswear), Jiebeidi (womenswear), COFNA (childrenswear), Laura Vita (shoes), Hattershub (headwear), MANNYLONQ (CHIC-Young Blood) and Dragon Heart (CHIC-Young Blood) and exciting up-and-coming designers such as KIMUSSO, Yujiantian and Wuma.

Instead of taking place from August 25-27 as originally planned, Asia's leading trade fair for fashion and lifestyle will now be held from October 9-11, 2021 at the National Exhibition and Convention Center in Shanghai. The fair has been taking place physically again since July 2020, always in compliance with strict safety and hygiene regulations. Various digital platforms are being set up in parallel.

The around 500 brands registered for CHIC (August) will now present themselves to the trade visitors in autumn on 62,000 sqm, including important industry players such as JINTIANSHI (menswear), VINI Bespoke (menswear), Zaijiu (womenswear), Jiebeidi (womenswear), COFNA (childrenswear), Laura Vita (shoes), Hattershub (headwear), MANNYLONQ (CHIC-Young Blood) and Dragon Heart (CHIC-Young Blood) and exciting up-and-coming designers such as KIMUSSO, Yujiantian and Wuma.

The expected 60,000 visitors are also able to attend seminars and workshops on current topics such as Recognition and new opportunities of new retail in AI Fashion or 2021 Maker of Silk Road & Innovation of Design Infinity -- The Innovation and Entrepreneurship Competition of China Textile & Apparel SME.

Next events:
CHIC Shenzhen | 3rd-5th November 2021 | Shenzhen
CHIC March 22 | 9-11 March 2022 | Shanghai

Source:

JANDALI MODE.MEDIEN.MESSEN

10.08.2021

Kornit Digital acquires Voxel8

  • Expanding additive manufacturing technology portfolio for next generation of sustainable on-demand textile production

Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in digital textile production technologies, announced the acquisition of all associated assets of Somerville, Massachusetts-based Voxel8.  

Voxel8’s advanced additive manufacturing technology for textiles allows for digital fabrication of functional features with zonal control of material properties, in addition to utilizing high-performance elastomers adhering to inkjet technology.

  • Expanding additive manufacturing technology portfolio for next generation of sustainable on-demand textile production

Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in digital textile production technologies, announced the acquisition of all associated assets of Somerville, Massachusetts-based Voxel8.  

Voxel8’s advanced additive manufacturing technology for textiles allows for digital fabrication of functional features with zonal control of material properties, in addition to utilizing high-performance elastomers adhering to inkjet technology.

"By integrating Voxel8’s technology into Kornit’s product roadmap, we will be able to transform numerous market segments and verticals, accelerating our collective visions and technology advancements," . “Voxel8 offers direct 3D print-on-part capabilities, advanced design software that can be easily integrated with any production floor software workflow, and versatile chemistry enabling on-the-fly formulation of high-performance elastomers to change the material properties of the resulting printed structures by multiple orders of magnitude. This means reflective, high-density, silicone and metallics, as well as compression elements for sports and therapeutics, protection elements like cushioning and impact resistance, and functionality applications like anti-slip, waterproofing, and other qualities combining form and function that are key to Kornit’s vision of digitizing production in every conceivable manner,” explained Kobi Mann, Kornit Digital Chief Technology Officer

Source:

pr4u for Kornit

09.08.2021

ANDRITZ at Techtextil Russia 2021

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at Techtextil Russia 2021 in Moscow, Russia, from September 14–16, 2021. The broad ANDRITZ product portfolio covers state-of-the-art nonwovens and textile production technologies such as air-through bonding, needlepunch, spunlace, spunbond, wetlaid/WetlaceTM, converting, textile finishing, airlay, recycling, and natural fiber processing.

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at Techtextil Russia 2021 in Moscow, Russia, from September 14–16, 2021. The broad ANDRITZ product portfolio covers state-of-the-art nonwovens and textile production technologies such as air-through bonding, needlepunch, spunlace, spunbond, wetlaid/WetlaceTM, converting, textile finishing, airlay, recycling, and natural fiber processing.

Source:

ADRITZ AG

(c) DUED LAB - JACOPO BRUNELLO - MICHELE CESARINI
05.08.2021

Wake for WRÅD: Colors by Flowers, Concept by Nature

  • A new capsule collection colored only using plants and natural elements, signed together by Tonello and WRÅD

A capsule collection of exclusive garments was born, happy, totally natural, healthy and sustainable, free of chemicals hazardous for the environment or humans, hypoallergenic and gentle on the skin, the result of a responsible process, 100% GOTS certified organic cotton.

A collection made possible by the talents of WRÅD and Wake, the innovative organic dyeing system developed by Tonello: healthy for people and for the environment, because it uses only plants and vegetable waste, such as flowers, berries, peels and roots, which are left to dry and then infused, without using harmful chemical additives. It is easy to use, almost like preparing an herbal tea: it is, in fact, a radical paradigm shift.

The naturalness of the pigments used and the desire to create a support that would highlight the real color of emotions: these were the points that unite WRÅD and Tonello, realities that are also physically close, united by the authenticity of their evolutionary promises of change and transformation.

  • A new capsule collection colored only using plants and natural elements, signed together by Tonello and WRÅD

A capsule collection of exclusive garments was born, happy, totally natural, healthy and sustainable, free of chemicals hazardous for the environment or humans, hypoallergenic and gentle on the skin, the result of a responsible process, 100% GOTS certified organic cotton.

A collection made possible by the talents of WRÅD and Wake, the innovative organic dyeing system developed by Tonello: healthy for people and for the environment, because it uses only plants and vegetable waste, such as flowers, berries, peels and roots, which are left to dry and then infused, without using harmful chemical additives. It is easy to use, almost like preparing an herbal tea: it is, in fact, a radical paradigm shift.

The naturalness of the pigments used and the desire to create a support that would highlight the real color of emotions: these were the points that unite WRÅD and Tonello, realities that are also physically close, united by the authenticity of their evolutionary promises of change and transformation.

The colors on the garments are alive. Sensitive to light, over time they tend to fade to a lower tone, becoming increasingly sober and authentic, like those who choose to wear these manifesto-garments, which invite, quietly, and with grace and subtlety, a gentle revolution: in the name of respect for the environment and the equilibrium between people and nature.

05.08.2021

Indorama Ventures: Record Core EBITDA in second quarter

  • Forecasts continued growth as global markets recover from pandemic

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its second quarter 2021 financial results, reporting a record Core EBITDA of US$477 million as major economies recovered from the COVID-19 pandemic and drove demand for products across IVL’s businesses. IVL is forecasting similar strong growth in the second half of 2021 and in 2022 as global vaccination programs spur positive sentiment.

2Q2021 Performance Summary:

  • Forecasts continued growth as global markets recover from pandemic

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its second quarter 2021 financial results, reporting a record Core EBITDA of US$477 million as major economies recovered from the COVID-19 pandemic and drove demand for products across IVL’s businesses. IVL is forecasting similar strong growth in the second half of 2021 and in 2022 as global vaccination programs spur positive sentiment.

2Q2021 Performance Summary:

  • Consolidated Revenue of US $3,559M, an increase of 10% QoQ and up 52% YoY
  • EBITDA of US$ 552M and Core EBITDA of US$ 477M
  • Net profit of THB 8,340M, a growth of 39% QoQ, and compared to THB 154M a year earlier
  • Core ROCE of 12.9%, up 443 basis points (bps)  QoQ and up 715 bps YoY
  • Project Olympus, the company’s cost saving and business transformation project, yielded US$ 116M in efficiency gains in 1H21, on track to our 2021 target of US$ 287M
  • Acquisition of CarbonLite’s recycled PET asset in USA, making IVL the largest global producer of rPET resin

IVL delivered standout results in 2Q21 and a record Core EBITDA of US$477 million, bolstered by their global franchise, scale and leadership across three business segments. The record quarterly results include solid performance across regions. Americas and EMEA yielded a record, performing 59% higher Core EBITDA in 1H21 as compared to 1H20, while Asia grew by 15%.

The remainder of 2021 is expected to parallel the first half on the back of continued strong demand in IVL's products from opening of travel with widespread vaccination and immunity.

Source:

Indorama Ventures

05.08.2021

GKD erweitert Angebot für die Glasvliesindustrie

  • Prozessbänder für Imprägnierung und Trocknung aus einer Hand

In der Glasvliesproduktion setzen Trocknerbänder der GKD Gruppe weltweit Maßstäbe. Nahezu alle Hersteller vertrauen auf die Ebenheit und Querstabilität dieser Metallbänder. Mit der Erweiterung des Portfolios um Imprägnierbänder liefert GKD jetzt aus einer Hand Bänder für Kernprozesse in der Glasvliesfertigung.

  • Prozessbänder für Imprägnierung und Trocknung aus einer Hand

In der Glasvliesproduktion setzen Trocknerbänder der GKD Gruppe weltweit Maßstäbe. Nahezu alle Hersteller vertrauen auf die Ebenheit und Querstabilität dieser Metallbänder. Mit der Erweiterung des Portfolios um Imprägnierbänder liefert GKD jetzt aus einer Hand Bänder für Kernprozesse in der Glasvliesfertigung.

Imprägnierbänder haben entscheidenden Einfluss auf die Effizienz des Produktionsprozesses und die Qualität des Endprodukts. Parameter wie Größe der Maschenöffnung, Anzahl der Auflagepunkte und Art der Gewebebindung tragen maßgeblich zum Prozesserfolg bei. Auf Basis von Marktumfragen entwickelte GKD für Imprägnierprozesse drei verschiedene Bandtypen. Mit ihren unterschiedlich großen Maschenöffnungen decken sie das gesamte Anforderungsspektrum ab: Type 1780 (8/6,1 Fäden pro Zentimeter), Type 1830 (9,2/7,5 Fäden pro Zentimeter) und Type 1865 (11/9 Fäden pro Zentimeter). In Abhängigkeit von der Kundenspezifikation bezüglich Länge und Stärke der eingesetzten Glasfasern, individueller Binderzusammensetzung, Prozess und Endprodukt wählt GKD aus diesem Spektrum gemeinsam mit dem Kunden das optimale Band aus.

Als geschätzter Lieferant von zuverlässigen Produkten und Services sowie kompetenter Ansprechpartner in Fragen der Anlagentechnik kennt GKD die Prozesse, Anlagen und Produkte nahezu aller Hersteller von Glasvliesen. Das hierdurch über Jahre gewachsene Vertrauensverhältnis paart der Weltmarktführer für technische Gewebe für Industrie und Architektur mit jahrzehntelang bewiesener Kompetenz im Bereich Kunststoff-Prozessbänder. Insbesondere in der anspruchsvollen Nonwovens-Fertigung gelten Kunststoffbänder von GKD als Garant für Effizienz und Produktqualität. Die neuen Imprägnierbänder von GKD für die Glasvliesherstellung aus prozessspezifisch modifiziertem Linear-Screen - auch als Leinenbindung bekannt - zeichnen sich durch exakt auf die jeweilige Anwendung abgestimmte Porengrößen und Luftdurchlässigkeit sowie durch eine stabile Kantenstruktur für eine sichere Randabtastung aus. Dank spezieller, prozessabhängiger thermischer Veredelung überzeugt ihre Gewebekonstruktion durch exzellente Laufeigenschaften. Die glatte Oberfläche gewährleistet überdies eine ebenso leichte wie schonende Produktablösung.

Lieferbar in allen gängigen Breitenklassen für Glasvliesanlagen mit Produktionsgeschwindigkeiten bis zu 450 Metern/Minute sind sie eine attraktive Alternative zu herkömmlich eingesetzten Bändern. Da GKD die Prozesse, Anlagen und Produkte der meisten Hersteller seit Jahren kennt und durch das Tochterunternehmen GKD USA auch auf dem Kernmarkt für Glasvliese in den USA kurze Lieferzeiten sicherstellt, haben Glasvlieshersteller weltweit nun eine attraktive Option: Bezug der erfolgskritischen Prozessbänder für Imprägnierung und Trocknung aus einer jahrelang bewährten Hand.
 

More information:
GKD Gruppe Glasvliesindustrie
Source:

impetus.PR Agentur fuer Corporate Communications GmbH für GKD Gruppe

Thomas Reutter new Vice President Product Asset Management and Supply Chain (c) Borealis
05.08.2021

Borealis: Thomas Reutter new Vice President Product Asset Management and Supply Chain

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

Borealis announces the appointment of Thomas Reutter as Vice President Product Asset Management and Supply Chain, effective 1 August 2021.
He holds a Master’s in Business Administration degree from the Martin-Luther University Halle, Germany, with a specialisation in Controlling and Supply Chain.

Thomas Reutter joins Borealis from Dow and brings extensive product asset management and supply chain experience. Since joining Dow in 2008, he has held various positions with increasing responsibilities in product management, supply chain management and sales in the Netherlands, Mexico and Switzerland. Most recently he has served as Senior Product Director for Linear Low Density Polyethylene, based in Switzerland.

 

More information:
Borealis
Source:

Borealis