From the Sector

• Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
• Comprehensive crisis management implemented
• Loss in the mid double-digit million range expected in the first half of 2020
• Plans to introduce short-time working to adjust capacity in Switzerland and Germany
• Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

Comprehensive crisis management
Rieter has implemented comprehensive crisis management. Priorities are being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide.
The order backlog of well in excess of CHF 500 million is being processed largely according to plan, despite the existing bottlenecks in the supply chains. Less than 5% of the orders in the order backlog have been canceled.
Rieter has already implemented measures to ensure liquidity and reduce costs. The company has good net liquidity and undrawn credit lines in the mid three-digit million range.
Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level.

Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level. The effects of COVID-19 will place an additional burden on the first half of 2020. Rieter therefore expects sales in the first half of 2020 to be less than CHF 300 million. Despite the countermeasures implemented at the net profit level, this will lead to a loss in the mid double-digit million range.

Plans to introduce short-time working to adjust capacity
Rieter plans to apply for short-time working for the areas with forecasted low capacity utilization at the locations in Switzerland and Germany. The application will be for 40% short-time working in the third quarter of 2020. Talks with staff representatives will begin next week.
As a sign of solidarity, Rieter’s Board of Directors, Group Executive Committee and the senior management will waive 10%-20% of their salaries temporarily.

Implementation of the strategy
In recent years, Rieter has consistently implemented the strategy based on innovation leadership, strengthening the business in components, spare parts and services and the adjustment of cost structures. The company intends to forge ahead with the implementation of the strategy in the coming months, thus strengthening its market position for the time after the COVID-19 pandemic.
The next information on the course of business is planned with the publication of the half-year results on July 16, 2020
 

• AACOMA - Accelerate advanced composite manufacturing
• EMR Region Belgium, the Netherlands & Germany area hot spot for the future of lightweight materials and technologies

The Euregio Meuse-Rhine provides a huge potential with its many highly innovative, leading companies and especially SMEs which are active in the area of advanced material manufacturing in many industrial sectors, such as Automotive, Aerospace, Electronics, Building and Infrastructure, etc. The advanced material sector is growing, with a consolidated offer, ranging from raw material producers over technology development to production, research and development as well as industrial OEMs.

Interreg Euregio Meuse-Rhine invests EUR 96 million from the European Regional Development Fund (ERDF) in the period 2014-2020. Through the investments in cross-border projects, the European Union invests in the economic development, innovation, territorial development and social inclusion and education of this region.

Project

The Euregio Meuse-Rhine is a potential hot-spot for the further development of advanced material and process technologies. Technical Centers and Institutes around Aachen/Germany, Liège/Belgium and Eindhoven/The Netherlands were awarded with this new project AACOMA.

Innovative material design and advanced manufacturing provide large opportunities for SMEs. The AACOMA project kick-off took place in Aachen at the Campus of the RWTH University of technology in 1 Q 2020. The aim of the project, which is running for 3 years until 2023 with a budget of €3 Mio, is to connect SMEs with innovation hot-spots like institutes and technical centers.
Seven partners from all three regions will carry the project out: Centexbel is the project leader and gets support by University of Liège, Sirris and Flanders Make from Belgium, as well as Fontys University of Applied Science and AMIBM of Maastricht University in the Netherlands and AMAC in Germany.

Statements

Bernard Paquet, Project Coordinator from Centexbel/ Belgium stated:
“Centexbel, with a strong experience in textile and composites, will identify with its Interreg partners and an advisory board of international experts several demonstrators which will enable an accelerated advanced manufacturing of composite parts. This could include new materials and intermediates, high performance additives, bio-based products and new composites by additive manufacturing”.

Michael Effing, Managing Director of AMAC/ Germany said:
“The major goal of the project is to connect around 200 innovative SMEs with each other and establish the links to the world-class institutes in the EMR region. We will facilitate 6 roadshow events, addressing key topics like automated manufacturing, additive manufacturing or bio-based material systems combined with match making and training events. The first roadshow will be held on September 24, 2020 at the Aachen Campus of the RWTH University of Technology.”

Prof. Gunnar Seide from the AMIBM/The Netherlands continued:  
“Our AMIBM offers already an international master program on bio-based materials. The AACOMA project will be an important element for transborder research and will identify new players in the value chain coming from the EMR region. Innovative companies find markets for their new bio-based building blocks, chemicals and polymers. Their success stories and upcoming technological breakthroughs are needed for a sustainable future.”

HeiQ, winner of the Swiss Technology Award and Swiss Environmental Award, launches HeiQ Viroblock NPJ03, an antiviral and antimicrobial textile treatment that is tested effective against coronavirus.

Since its inception 15 years ago, HeiQ has forged a solid innovation track record helping brands improve textile products. Catalyzed to action by the global fight against Coronavirus, HeiQ launches HeiQ Viroblock NPJ03, an antiviral and antimicrobial textile treatment which is proven effective against human coronavirus (229E) in face mask testing, significantly enhancing the antiviral log reduction from 2.90 of untreated face masks to 4.48, over 99.99% reduction of virus infectivity. (Remarks: a log reduction of 2 is equivalent to 100 times the effectiveness).

Chinese protective masks producer Suzhou Bolisi is the lead adopter of HeiQ Viroblock NPJ03. Treated masks will be available on the market as early as this April. American legwear manufacturer Kayser-Roth is planning to add the technology to their new product, Ghluv hands protector, while Lufeng from China is evaluating the technology on other types of fabric used for garments.

HeiQ Viroblock NPJ03 is a unique combination of vesicle and silver technologies designed to inhibit the growth and persistence of bacteria and viruses. The HeiQ vesicle technology targets lipid- enveloped viruses, such as coronavirus, providing rapid virus deactivation, while the HeiQ silver technology inhibits the replication of both bacteria and viruses. HeiQ Viroblock NPJ03 can be applied to a wide spectrum of textile surfaces including face masks, air filters, medical gowns, curtains, drapes and more. HeiQ also has a range of highly wash-durable antimicrobial and odor control textile technologies, called HeiQ Pure, combining silver-based and bio-based materials for all fabric types.

ISKO presented its 100% responsible platform, R-TWO™.

The denim ingredient brand hosted a special panel to discuss some of the advancements in technology that are making the fashion industry more responsible: from R-TWO™ to automated laser technology.

With the fashion industry being considered one of the world’s most polluting businesses-sectors, collaborating and knowledge sharing are key in finding solutions for a better future. Fully aware of this scenario, ISKO was the headline sponsor at The Drapers Sustainable Fashion Forum brings together responsible players to discuss what can be done to tackle the industry’s environmental and social issues through innovation and creativity.

Sharing knowledge, collaborating for change.
As evidence of its Responsible Innovation™ approach, ISKO presented the R-TWO™ program, its latest
responsible achievement. Stemming from the mill’s holistic vision, R-TWO™ represents a great example of how reducing, reusing, and recycling strategies can be implemented in a textile business to improve its  environmental performance.
The R-TWO™ reduces the amount of raw material sourced by using a blend of reused cotton and recycled polyester – both certified –, improving sourcing efficiency throughout the entire field-to-fabric production.
Reused cotton is certified with the Content Claim Standard – or CCS – from the Textile Exchange. As for recycled polyester, it can be either Recycled Claim Standard (RCS) or Global Recycled Standard (GRS) certified, depending on the content percentages. Together with this cutting-edge and fully responsible program, ISKO also uses automated laser
technology developed in partnership with Jeanologia.

“How technology can help make the fashion industry more sustainable”:
On March 11th, ISKO hosted a discussion about ways, to make the fashion industry more responsible
The panel was moderated by David Shah, consultant on design and marketing development, Publisher and CEO at Metropolitan Publishing BV and Associate Professor at ARTez (Arnhem, the Netherlands) and Associate Professor at Renmin University, (Beijing, China). The talk involved Keith O’Brien, ISKO Marketing & Business Development Manager, Victoria Soto, Jeanologia Custom Technology Consultant and Filippo Ricci, Fashion Open Studio Program & Partnership Manager.

Clean, minimal and responsible, the collection perfectly embodies the combination of high-end looks with a sustainable vision, delivering effortless and stylish garments available in store from January 2020.

It claims to be love at first touch, and rightly so, as it celebrates women’s natural shape enhancing it with haikure’s delicate designs and ISKO™ premium denim. amae – the Italian brand’s latest collection and the latest chapter in the longstanding partnership between haikure and ISKO – is inspired by the idea of “taking care”.

Aiming at promoting the value of Responsible Innovation™, the collection delivers high-end contemporary looks resulting from the shared commitment to provide remarkable innovation while fostering a mindful approach in the fashion and denim industries.

ISKO, pioneer of responsibility and the first denim mill in the world awarded both the prestigious EU Ecolabel and Nordic Swan Ecolabel, supported the project providing amae with responsible ingredients to shape its neat looks. Clean and minimal, the garments feature ISKO Pj Soft™ which, like a gentle embrace, grants the skin a silky touch and a soft feel. Responsibly produced according to ISKO’s holistic vision based on creativity, competence and citizenship, this light and soft fabric molds and moves with the wearer, providing an all-round flattering silhouette and comfortable fit that never feel restrictive.

As part of ISKO’s 25,000+ products, this textile concept also has a certified Environmental Product Declaration (EPD®s) for its Life Cycle Assessment (LCAs), ensuring a full transparency about its environmental impact by providing the water usage and carbon footprint of 1 square meter of fabric. As signatory member of ZDHC Foundation, ISKO also avoids harmful substances and hazardous chemicals in its entire production chain, resulting in safer denim that are good for both people and the planet.

Presenting three different washes – regular and stone wash, as well as dyed –, this fashionable and responsible collection will be available in Italy, Spain and Germany starting from January 2020.

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced that it has joined ‘The Denim Window’ as its showcase company for color and effect technologies.

The Denim Window is a showroom located in Amsterdam, Netherlands, and dedicated to providing apparel brands with inspiration, sustainability and innovation for their denim collections. Created and curated by Silvia Rancani, a passionate denim consultant with a unique flair for fashion and technology, The Denim Window connects carefully selected companies with brands through exclusive events and showcases at The Denim Window location.

The Denim Window allows its visitors to find in one single place fabric mills, garment makers, chemical suppliers, fiber and trim producers, where designers, product developers, fashion students, denim lovers & emerging talents are invited to review and learn more about the products, aiming to stimulate creativity and innovation through collaborations.

The Denim Window and Archroma will regularly organize workshops to support brands and retailers with systems and inspiration to create denim colors and effects in “The Archroma Way: safe, efficient and enhanced. Because it’s our nature!”.

The company, which made the headlines with innovations such as its aniline-free* Denisol® Pure Indigo or its EarthColors® range of dyes based on non-edible biomass waste from the herbal and agricultural industries, participated to the recent exhibition organized at The Denim Window in Amsterdam on 23 January to celebrate Chinese New Year with the new Denim Window 2020 member companies.

“Amsterdam has developed as one of the world’s denim cities with global meet-ups and events, and now the conferences, workshops and permanent showroom of The Denim Window”, explains Umberto Devita, Business Development Manager for Denim & Casual Wear at Archroma. “The Denim Window, Archroma and the other member companies share the same passion for creativity, innovation and denim with a soul, and that makes us a match made in heaven. We are very excited to have been given this opportunity to collaborate the Denim Window dream team!”

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation has resigned from Ecological and Toxicological Association of Dyes and Organic Pigments Manufacturers (ETAD) and joined TEGEWA as a member since January 2020.

Despite being one of the major sponsors and supporters of ETAD for many years, DyStar had to make this decision in response to the new industry challenges. The executive decision to leave ETAD and join TEGEWA was made after careful considerations on current global business needs, market demands and customers’ requirements. In conclusion, DyStar decided to work with an organization that can better represent and effectively support the Chemical Industry in a fast and challenging environment, and at the same time, provide essential support to the Textile Chemical Producers, the Brands and Retailers, among other stakeholders in the worldwide supply chain.

TEGEWA, being a sector association within the German Chemical Industry Association (VCI), is also actively involved in the work of VCI. The association has over 100 members and represents manufacturers of chemical substances and mixtures, such as surfactants, textile, paper and leather auxiliaries, colorants, cosmetic raw materials, antimicrobial agents, polymeric flocculants and allied products.

TEGEWA has also deeply engaged with DyStar and its partners of GCIRT on many meaningful discussions for the industry, such as communications with the ZDHC Organisation.

Fanny Vermandel, Vice President, Global Marketing Coloration at DyStar said, “At DyStar, we are customer-focused. We find TEGEWA a good fit and appreciate their diverse network. Most importantly, we are delighted to learn that TEGEWA works with many organizations such as IVTG and t+m, Brands and Retailers and other stakeholders in the worldwide supply chain.”

A true New Eco High-Tech Force of Nature

At ISPO, AKA – Asahi Kasei Advance keept the planet fit and healthy at the same time. The cutting edge department of global material innovator Asahi Kasei, unveils ECOSENSOR™, the cutting-edge fabric collection boosting responsible innovation with a “New Eco High-tech Force of Nature” new generation of performance.

Harnessing AKA expertise in yarning a smarter future, the new range focuses on sportwear, urban and athleisure fabrics. “At ISPO we launch the energetic protein fitting perfectly in textiles for clothes with an active imprint, comfort touch and smooth style. From-yarn-to-dyeing and along the whole supply chain, the collection is 100% traceable.” Says Nishizawa Akira, President & Representative Director Asahi Kasei Advance corporation.

With ECOSENSOR™, Asahi Kasei Advance truly innovates at ISPO as the very first producers choosing the high-performance path with sustainable values.

Indeed, the flexible and multitasking range is the high-tech solution for sportwear, outerwear and beyond. The collection embraces the casual and sporty mood of active urban surfers as well as that easy-to-wear attitude for a relaxing free-time at home.

In the latest technology innovation from members of TMAS (the Swedish textile machinery association), ACG Kinna and ACG Nyström have teamed up with Juki Corporation – the world’s leading sewing machine manufacturer – in the development of a new automated line concept that can considerably speed up the production of finished filter bags.

Woven or nonwoven filter bags employed in a wide range of industrial processes may be under the radar as products, but they represent a pretty significant percentage of technical textiles production.

According to a recent report from BCC research, a leading US analyst covering this sector, industrial filtration represented a $555 million market in 2019 and some of the key areas where such filter bags are employed include:

• Metal fabrication, with effective filtration required for manual and automated welding, thermal cutting, blasting and machining, especially for coolant filtration.
• The process and energy industries, including foundries, smelters, incinerators, asphalt works and energy production plants.
• Other key manufacturing fields – often where dust is generated – including the production of timber, textiles, composites, waste handling and minerals, in addition to chemicals, food production, pharmaceuticals, electronics and agriculture.

Line integration
The new SFL-2000 line is the result of a four-year development project between Juki Central Europe, headquartered in Poland, and the two ACG companies.

It is capable of handling a wide range of different filter media, and as an all-in-one solution, can produce high quality and accurate seams to pre-defined parameters, with optional modules allowing for customised constructions.

THE S/S 2021 SMART COLLECTION AND STRATEGY: “TEAMING UP IS THE RESPONSIBLE WAY FORWARD”
At Première Vision in Paris, February 11th – 13th Jersey manufacturer TINTEX presents its S/S 2021 collection and a new strategic approach to make the world a better place, a garment at a time in  Hall 5 Booth R50/S43, and Hall 3 Smart Creation Booth S7. “That’s why we decided to update our statement-motto in Naturally Advanced Evolution: a promise and an invitation to work together to develop further collections combining an environment-driven approach with cutting-edge technology.” Says Ricardo Silva, Head of Operations of TINTEX.

“Textile producers and fashion brands should develop their partnership in a much more collaborative way.” Say Says Ricardo Silva, Head of Operations of TINTEX. In a move towards his partners, the company has re-organised its products collection into 4 distinct categories and further evolved its production process in order to guarantee the highest quality and performance of its fabrics and, at the same time, to become more competitive and to allow its clients to orientate better and easily find the most suitable and practical solution. COLLECTION focuses on seasonal proposals while EXPRESSIONS includes a range for all-year-round collections.

THE SS 2021 COLLECTION is imbued with sustainability, innovation and a collaborative attitude. The new range comprises 24 new references built focusing on responsible materials – including recycled or recyclable (100% same raw material), tactile finishes and active performances with smart and cutting-edge technical background. “The main area we developed for the S/S 2021 collection was carefully selected starting from the inputs we had from our partners during some of the most successful collaborations in the past 2 years,” adds Ana Eusebio, designer.

And just to keep the conversation about sharing innovation at best, TINTEX is officially shading the light on its Coating Unit that, thanks to continuous investments, will be able to deliver Naturally Advance Solutions in terms of finishings, not just for TINTEX but also for woven producers that are aligned with the corporate commitment. Come to discover TINTEX portfolio of smartly developed coatings at its booth at Smart Creation, hall 3.