Kornit Digital market leader in digital textile printing technology, announced Kornit Konnect, its new cloud-based, mobile workflow software platform that enables businesses to maximize productivity of their digital printing solutions. This is the first phase in Kornit’s implementation of its industry vision of textile design, decoration and production being fueled by data-driven insights and performance metrics.
Govier plans to scale the organization and take customer focus to the next level to drive growth
Kornit Digital, (NASDAQ: KRNT), a global market leader in digital textile printing technology, announced today that Chris Govier has been named Managing Director at Kornit Digital Europe GmbH.
Govier is a proven leader who brings broad experience of supporting customers with industrial digital transformation, a proven record of driving growth, and solid experience building and managing world class teams. In his new role, Govier will oversee Kornit Digital’s operations in Europe, the Middle East and Africa (EMEA) and will be instrumental in scaling up Kornit’s business.
Govier previously served in sales and general management roles at Xerox Corporation, and holds a BA from the University of Wellington, New Zealand.
Commenting on the appointment, Gilad Yron, Kornit Digital’s Executive Vice President of Global Business, said, “I welcome Chris on board as the new Managing Director of Kornit Digital Europe. He brings with him solid experience in the analog-digital transition in industrial print and deep regional understanding. Europe has traditionally been a strong performer for Kornit, and Chris’ expertise will help us grow the organization to the next level.”
“This is an incredibly exciting time to join Kornit Digital – their technology, coupled with a passion and drive will significantly disrupt the textile printing industry.” said Chris Govier. “EMEA represents a huge opportunity and I look forward to building on the fantastic success achieved so far.”
Kornit Digital Europe GmbH
First showing of game-changing technology at a European tradeshow includes the recently launched Kornit Atlas, Kornit Avalanche Poly Pro and Kornit Presto
Kornit Digital (Nasdaq: KRNT), a worldwide market leader in digital textile printing technology, has announced details of its corporate presence at Fespa 2019 which will take place in Munich, Germany, May 14-17.
Kornit’s exhibit will focus on the game-changing technology that was unveiled in the beginning of the year and will now be on display for the first time in a tradeshow in Europe: the Kornit Atlas and the Kornit Avalanche Poly Pro. The presence will be complemented by a Kornit Storm HD6, a direct-to-fabric sample area featuring prints from Kornit’s upcoming Presto system and an installation of Colorgate’s Textile Production Server for Kornit.
The Kornit Atlas is a heavy-duty system created for super-industrial garment decoration businesses. It is designed to deliver a typical annual production capacity of up to 350,000 impressions, optimizing production efficiency and cost of ownership. The Kornit Atlas is aimed at highly productive garment decorators, mid to large size screen printers and innovative businesses looking to combine state-of-the art technology with lowest cost of ownership, making it easier than ever to address the requirements of leading and mid-sized brands, as well as new generation digital brands. The Kornit Atlas uses water-based Kornit NeoPigmentTM Eco-Rapid Inks which are eco-friendly, GOTS approved and OEKOTX certified, and serve as the main driver of the retail quality prints.
Kornit Digital Europe GmbH
Lenzing – The Lenzing Group continued its solid development in the first quarter of 2019. Despite a much tighter market environment, the Lenzing Group even recorded a slight increase in revenue, proving once again that it has chosen the right path with its sCore TEN corporate strategy. The declining prices for standard viscose were largely offset in earnings.
Lenzing Aktiengesellschaft
The innovative technology addresses the growing need for on-demand textile design and production
Kornit Digital, a global market leader in digital textile printing innovation, has announced the introduction of the new Kornit Presto, the only industrial single-step solution for direct-to-fabric printing. The Kornit Presto solution eliminates the need for pre and post treatment of fabric and allows for high-quality printing on a broad variety of fabric types and applications. The Kornit Presto does not consume water in the printing process, making it a environmentally friendly solution.
The new Kornit Presto comes with the NeoPigment Robusto, a Pigment-based ink. Implemented into the Kornit NeoPigmentTM process, the Robusto provides above industry standard wash and rub results and exceptional color fastness across a wide fabric and application range. The Robusto enjoys faster physical and chemical bonding characteristics, enabling a significantly shorter curing time, while providing quality and a wide color gamut.
The Kornit Presto solution suits a wide range of business and application needs in a variety of industry segments, including fast growing segments within the on-demand fashion and home décor markets. It is a highly productive solution, available in multiple configurations and able to print 450 square meters per hour.
Gart Davis, CEO at Spoonflower, the world’s first web-based service for custom, on-demand fabric and design creation and a long-time Kornit customer, commented, “We were thrilled to be able to test the new system and found the Presto to be in a class by itself; it prints beautifully on all kinds of fabrics, in a single-step, with an environmentally friendly dry process, and now at a multiple of productivity. Our partnership with Kornit continues to be fundamental to our mission to make custom fabric accessible to designers, creative individuals and small businesses all over the world. We can’t wait to get going.”
Kornit Digital, (NASDAQ: KRNT), a global market leader in digital textile printing technology, invites all textile printers, garment decorators, Kornit users, prospective customers and anyone who is curious about the latest trends and technology in digital textile printing, to its “Kornit Discover” events.
Taking place April 3-4 in the New York Metropolitan area, April 11-12 in Duesseldorf, Germany and April 15-17 in Hong Kong, each event will feature educational workshops with real-world insights delivered by high-level guest speakers. Highlighting the North American event will be a keynote by Breakaway Sports owner Scott Goldstone, multiple case study presentations, and a panel discussion with editors of key publications serving the imprinted apparel industry. The European event will feature a keynote called “The Future of Retail” by futurist Kai Gondlach, a digital transformation review of the textile industry by Tansy Fall, editor-in-chief of Digital Textile 4.0 and an insightful chat with Kornit user Shirtracer, Nuremburg. The Asian instance will feature Ron Gilboa as main speaker and Kornit’s customer Paintory.
Omer Kulka, Kornit Digital’s Vice President of Marketing and Product Strategy, said: “There are still a lot of perceptions and opinions in the market about direct-to-garment printing and what its opportunities and limitations are. Printing on dark polyester is a prime example: there is an opinion in the market that digital printing and dark poly don’t go well together, and we just lifted this barrier. With Kornit Discover, we are creating an industry event that will challenge these established thinking patterns. In fact, we will transform the way visitors think and print!”
Kornit Digital Ltd.
The Lenzing Group’s business developed well in the 2018 financial year. A significantly more challenging market environment led to a decline in revenue as well as earnings compared with the record results of the previous year. This was primarily caused by lower selling prices for standard viscose, exchange rate effects as well as higher raw material and energy costs.
Group revenue declined by 3.7 percent compared with the previous year to EUR 2.18 bn. The predicted challenging market environment for standard viscose, plus less favorable exchange rates and a slight decline in sales volume were the key contributing factors. EBITDA (earnings before interest, tax, depreciation and amortization) was down by 24 percent to EUR 382 million due to price increases for key raw materials and higher energy and personnel costs. The EBITDA margin dropped from 22.2 percent in the 2017 financial year to 17.6 percent in the reporting year. EBIT (earnings before interest and tax) fell by 36 percent to EUR 237.6 mn, leading to a lower EBIT margin of 10.9 percent (2017: 16.4 percent). Net profit for the year after one-off effects dropped by 47.4 percent from EUR 281.7 mn in the previous year to EUR 148.2 mn. Earnings per share equaled EUR 5.61 (2017: EUR 10.47).
The Management Board and the Supervisory Board will propose a stable dividend of EUR 3.00 per share plus a special dividend of EUR 2.00 per share at the upcoming Annual General Meeting. In total, the paid dividend will amount to EUR 5.00 per share, corresponding to a dividend payment to shareholders of roughly EUR 133 mn.
Lenzing AG
(c) ROICA
ROICA™ discloses five key and influencing brands with unique outfits already available in the market, that demonstrate how ROICA™ is able to deliver and transform basic performant stretch in eco hi-tech valuable innovations interpreted in five, completely different, contemporary lifestyles!
Inspired by the need for style-conscious, sustainable garments that are versatile for every life situation, AEANCE was created as a brand that merges ready-to-wear with technical apparel. The brand`s values are timeless minimalism, substance and understated luxury. Less, but better. AEANCE is committed to creating garments with the least possible impact on the environment and has set up a supply chain focusing on eco-sustainability and ethical responsibility. The Women`s Light Padded Jacket of the look selected for ISPO is the result of a collaboration with the acclaimed industrial designer Konstantin Grcic.
Knowing the transformative power of fitness, DAQUÏNI® was founded in 2012 to help women bridge the gap between how they feel and how they think they look when they are working out. Each DAQUÏNI® item is made in the E.U. from highest quality Oeko-Tex® certified materials. The brand’s first choice in fabrics is SOFILETA (founded in 1911) with its luxurious technical fabrics with ROICA™ V550 premium stretch awarded with Cradle-to-Cradle Innovation Institute’s GOLD LEVEL material health certificate.
The New York based brand Erin Snow creates chemically safe, circularly designed, socially fair luxury performance apparel. The Teri pant is Erin Snow's most innovative and highly anticipated pant to date. Teri is made from the finest bluesign® approved Schoeller 4-way stretch fabric containing ROICA™ V550 premium stretch sustainable fiber. The pant is insulated with PrimaLoft® Gold Luxe and repels water and dirt without PFCs, thanks to Schoeller's ecorepel® Bio finishing while giving maximum freedom of movement.
The SCOTT Racing Team, the Italian Mtb Pro Rider Team born in 1988, selected the high performance for active clothing identifying Rosti, SITIP and ROICA™ as strategic partners to ensure unique and performant biking outfit composed by tights and jacket. Made with the special BEHOT fabric by SITIP, constructed with active performance materials belonging to the ROICA Feel Good™ family, it not only insulates, but generates up to 2 degrees of heat as you workout as certified by CeRism, Outdoor Sport Research Centre at Verona University. Long life stretch, superior shape retention and best breathability thanks to the Blizzard by SITIP fabric that ensures thermal comfort and easy care to the users. A valuable choice that perfectly matches the performances of an experienced team of specialists.
SITA hits the European panorama for the first time at ISPO with ROICA™ few days after the official launch in US and Saudi Arabia on January 31st. Its high-tech debut collection for Spring 2019 provides women with an all-new luxury concept of timeless foundational apparel made in New York balancing concealed performance features and style to meet womens’everyday dynamic lifestyle. The newly-created made in Italy SITATECH™ fabric includes permanent agents that neutralize odor, withstand machine wash, and exhibit superior quality. The intricately designed fabric takes on instant appeal with nanotechnology fibers and ROICA™ CF, a yarn with an active smart odor neutralizer property, then knitted in Italy by Maglificio Ripa.
(c) Trevira GmbH
At this year’s Heimtextil from 8-11 January 2019 in Frankfurt, Trevira GmbH presented a new Trevira CS joint stand on an impressively huge scale under the motto “Textile Values”. Its fair stand concept, scaled up for 2019, attracted a large number of visitors. Together with 26 top Trevira CS customers, Trevira told the story of the entire textiles value chain across a 2,200+ msq site. Visitors were taken on a journey that started with the basics – fibre production and yarn manufacture – before moving on to the dyeing, weaving and warp and weft knitting stages and ultimately to the end of the journey, the textile editing.
Trevira GmbH’s CEO Klaus Holz said, “I think we have once again “upgraded” our presence at Heimtextil. If I say this I’m not only talking about size and number of participants in our stand, but rather about value. Including all kinds of Trevira CS partners from yarn producers to fabric manufacturers and textile editors, our stand was reflecting the entire textile value chain.”
The highlight of the stand was Trevira’s new trend show for the contract market, “Trends in Contract by Trevira CS”. The show gave visitors, especially (interior) designers and decorators, an opportunity to find out more about innovative textiles and colour trends on the home and contract market.
Head of Marketing Anke Vollenbröker said, “We are extremely pleased that our trend show met with such great interest, and it was fantastic to see so many interior designers participating in our trend gallery tours. The trend area proved to be a source of inspiration for numerous visitors and demonstrated the expertise of our Trevira CS partners when it comes to outstanding design.”
Trevira GmbH
(c) Oerlikon Textile GmbH & Co. KG
World premiere at the DOMOTEX World Trade Fair for Carpets and Floor Coverings in Hanover: between January 11 bis 14, 2019, Oerlikon Neumag will be showcasing its innovative new development, the BCF S8, to a wide audience for the very first time in Hall 11, Stand B36. Whether commodities or niche products – the new BCF S8 platform technology offers manufacturers of BCF carpet yarns decisive arguments for responding to constantly rising cost pressures and the trend for greater efficiency and quality in fiercely-competitive markets. World record: the system achieves never-seen-before spinning speeds and is able to simultaneously spin up to 700 filaments and produce fine titers of up to 2.5 dpf. This superlative performance is guaranteed by numerous individual innovations in the new platform and, for the first time, also in a new human-machine interface (HMI)-based control system, which opens the door to the digital age of smart carpet yarn manufacturing wide. At the ITMA ASIA 2018, the Oerlikon Manmade Fibers segment had already announced that it would be presenting revolutionary solutions in 2019 – both in hardware and software. And the DOMOTEX marks only the start.
According to manufacturer information, the new BCF S8 is the most efficient Oerlikon Neumag BCF system of all times. “We have succeeded in achieving a new level of greater productivity and even broader product diversity. These allow our clientèle to better cater to changing market requirements and achieve a competitive edge in tough market conditions”, explains Martin Rademacher, Vice President Sales Oerlikon Neumag. As a pre-taste, the machine specialists from Neumünster are serving up performance figures and results from comprehensive trials conducted at their own BCF technology center as well as from two pilot systems which have been tried and tested within the market for months now.
BCF S8 performance in numbers
With up to 700 potential filaments per yarn end, the BCF S8 is raising the benchmark considerably compared to the Oerlikon Neumag S+ BCF system (400 filaments) that has dominated the global market to date. Oerlikon Neumag guarantees fine titers of up to 2.5 dpf. Furthermore, the process speed is higher than ever before – 3,700 m/min (winder speed). This permits throughputs of up to 15 percent greater compared to predecessor technologies. Overall, system efficiency is 99 percent – almost unbeatable. True to the Oerlikon Segments Manmade Fibers segment e-save philosophy, energy savings of up to 5 percent per kilogram of yarn are achievable.
BCF S8 innovations – from straight yarn paths to large cooling drums
This comprehensive progress has been achieved with numerous smart innovations. To this end, one key element above all has been optimized. The yarn path from the spinning system to the new, large cooling drum has now been almost completely straightened. This yarn path, unique to the BCF market to date, ensures that the individual filaments are subjected to minimum friction, hence once again considerably reducing yarn breaks and optimizing the overall production process. Especially noteworthy here are the, for the first time, straight yarn inlet in the texturing head – guaranteeing superior yarn quality.
And the considerably reduced distance between the heating godet duo and the texturing head also has a positive impact on the texturing process. It ensures a more even twist to the yarn and reduces the compressed air consumption. Furthermore, the texturing chambers can be removed individually, which additionally shortens servicing times. The now closed units also provide the best possible protection for the texturing jets and lamellar chambers.
The 800-mm diameter cooling drum optimally and gently cools the filaments. And this has a positive influence on the yarn quality. The new cooling drum is now equipped with a V groove for all polymers (PET, PA6 and PP) as standard.
The RoTac3 tangling unit, already established within the market, once again reduces the compressed air consumption by around 50%, while the newly-developed Witras III-37 winder achieves production process speeds of 3,700 m/min.
First intuitively-operable human-machine interface (HMI)
The new BCF S8 is the first Oerlikon Manmade Fibers segment system equipped with the innovative human-machine interface (HMI) for intelligent controlling and monitoring. In this case, the interface between man and machine has been oriented on the daily requirements of users in BCF production. With its new ‘look and feel’, it supports intuitive operation and offers direct access to important information as well as actual and target values at each take-up position by means of a touch screen. A completely new ‘alarm philosophy’ also simplifies troubleshooting and malfunction analysis. “This smart HMI system is a logical step in the digitalization of our products”, explains Dr. Friedrich Lennemann, Vice President R&D Oerlikon Neumag.
Oerlikon Textile GmbH & Co. KG
(c) Perlon®
This year Perlon was amongst the 632 exhibitors from 32 countries for the first time, which, represented by Pedex GmbH from Wald-Michelbach, was a co-exhibitor on a stand for companies from the German region Hesse (Hessen Trade and Invest GmbH - HTAI). Some visitors were surprised to discover that the world leading manufacturer of synthetic filaments is also active in the 3D printing filament field. That the Perlon Group, known innovation and market leader in many fields of application, with its decades of experience in the development and manufacture of filaments, has entered into the 3D printing market was well received.
The fact we actually entered the market 6 years ago, was only known to a few experts in the field. In this time, Pedex GmbH had been producing a wide range of performance filaments for a well-known German 3D printer manufacturer, who since then has distributed exclusively under its own brand. The decision, to out ourselves as producer and supplier was taken in summer 2018. This new direction has two main aims, firstly to establish ourselves in the market as a manufacturer of Perlon® 3D printing filaments, producing both small batches and high volume on an industrial scale for professional applications, but secondly and most specifically to continue along the path as a toll manufacturing partner with long-term contracts on an industrial scale.
As a partner with universities/institutions and member of various research networks, we are close to the quickly advancing developments in this field, which is why we were really pleased to welcome Dr. Andreas Baar and Dr (Ing) Thomas Neumeyer onto our stand. They are both members of RESOPT3D (Netzwerk für ressourcenoptimierten 3D-Druck), Germany’s strongest user network for 3D technologies.
Together with Conspir3D in Rheinheim and its owner Jan Giebels, who 10 years ago was a co-founder of the company German RepRap, we were able to forge a partnership to distribute Perlon® 3D printing filaments. With his support we could competently advise trade visitors about filaments and 3D printing as a collective proactive team.
Next year, Formnext will take place from 19th to 22nd November 2019 for the first time in exhibition halls 11 and 12 at the Exhibition Centre in Frankfurt am Main. This will be a debut exhibition for the USA which will be exhibiting as first partner country at Formnext. The USA has a long tradition in the field of additive manufacturing and is one of the most important international exhibiting nations.
Perlon GmbH
(c) TRSA
Emphasis on Process, Third-Party Validation and Outcome-Based Testing
Canadian Linen and two U.S. AmeriPride Services Inc.’s locations have recently earned have earned the Hygienically Clean Food Safety certification, reflecting their commitment to best management practices (BMPs) in laundering as verified by on-site inspection and their capability to produce hygienically clean textiles as quantified by ongoing microbial testing. The company’s Canadian Linen and Uniform Service facilities in these locations have earned the Hygienically Clean Food Safety certification:
The recently-certified U.S. AmeriPride laundries are located in Vernon, Calif. and Durant, Miss.
The certification confirms the laundry’s dedication to compliance and processing garments and linens using BMPs as described in its quality assurance documentation, the focal point for inspectors’ evaluation of critical control points (CCPs) that minimize risk. The independent, third-party inspection must confirm essential evidence that:
In addition, these facilities each passed three rounds of outcome-based microbial testing, indicating that their processes are producing Hygienically Clean garments and other reusable textiles with diminished presence of harmful bacteria. To maintain their certification, laundry plants must pass quarterly testing to ensure that as laundry conditions change, such as water quality, textile fabric composition and wash chemistry, laundered product quality is consistently maintained.
This process eliminates subjectivity by focusing on outcomes and results that verify textiles cleaned in these facilities meet appropriate hygienically clean standards and BMPs for animal processing, dairies, fruit/vegetable, bakeries, grain and other food and beverage industry segments.
These Vernon, Calif. and Durant, Miss. locations of the AmeriPride chain join these laundries who have previously received the Hygienically Clean Food Safety certification:
Hazard Analysis and Critical Control Points (HACCP) practices are examined in the Hygienically Clean Food Safety inspection process, evaluating the plant’s techniques for:
On-site inspections also evaluate practices relevant to handling and processing textile products used in food manufacturing/processing establishments for adherence to U.S. Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) directives. Introduced in 2014, Hygienically Clean Food Safety brought to North America the international cleanliness standards for laundering garments and other textile products for food manufacturing used worldwide by the Certification Association for Professional Textile Services and the European Committee for Standardization.
Twelve of the company’s U.S. locations have achieved the Hygienically Clean Healthcare certification:
The company’s Canadian Linen and Uniform Service facility in Lethbridge, Alberta, is also Hygienically Clean Healthcare-certified.
In January 2018, Philadelphia-based Aramark Corp. announced the completion of its acquisition of AmeriPride, making AmeriPride a wholly owned subsidiary. Aramark’s uniform rental and career apparel business is headquartered in Burbank, Calif.
TRSA
Decline in revenue due to lower prices for standard viscose, less favorable currencies and lower production volume
The Lenzing Group recorded a solid business development in the first three quarters of 2018. The decline in revenue and earnings compared with the same period of the previous year was essentially based on a mix of lower prices for standard viscose, more unfavorable exchange rates and price increases for key raw materials. The Lenzing Group’s strategic orientation with a focus on specialty fibers had a positive impact in this environment.
Revenue decreased by 5.2 percent to EUR 1,636.2 mn over the comparative period of the previous year. Apart from the high starting base, this was primarily attributable to the expected challenging market environment for standard viscose, less favorable exchange rates and lower production volume. EBITDA (earnings before interest, tax, depreciation and amortization) recorded a decline by 26.8 percent to EUR 290.6 mn due to price increases for key raw materials and higher energy and dissolving wood pulp prices. The EBITDA margin dropped from 23 percent in the first three quarters of the previous year to 17.8 percent. EBIT (earnings before interest and tax) fell by 36.2 percent to EUR 190.3 mn, leading to a lower EBIT margin of 11.6 percent (01-09/2017: 17.3 percent). Net profit for the period dropped by 39 percent from EUR 219.3 mn in the previous year to EUR 133.8 mn. Earnings per share equaled EUR 5.06 (01-09/2017: EUR 8.12).
“The Lenzing Group is currently operating in a challenging environment. Against this background, we are satisfied with the solid business development and the corporate strategy sCore TEN has a positive impact. The new production line in Heiligenkreuz started up successfully and customers’ feedback has been positive,” says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “While many viscose producers are faced with a very tense profit situation, we are well positioned due to our specialty strategy and still expect a satisfactory full year”, Doboczky adds.
Key strategic measures were implemented during the first three quarters of 2018 in line with the sCore TEN strategy. The start-up of new capacities for lyocell fibers in Heiligenkreuz, the production start of LENZING™ ECOVERO™ fibers at the Nanjing site and the investment in another pilot line for TENCEL™ Luxe filaments are important steps to accomplish the goal of increasing the share of specialty fibers in total revenue.
Project in Mobile temporarily mothballed
Due to the decision to temporarily mothball the lyocell expansion project in Mobile, Alabama (USA), in view of the buoyant US labor market and trade tensions between the major trading blocks, the implementation of the expansion plan for specialty staple fibers will be slowed down. The Lenzing Group will put all its effort to readjust the execution of its growth plan to meet strong market demand for its lyocell fibers. This includes an increased focus on the lyocell expansion project in Prachinburi (Thailand).
Advancing forward solutions
Regarding the capacity expansion for specialty products such as TENCEL™ Luxe filaments and LENZING™ ECOVERO™ viscose fibers, Lenzing is still on track. After the introduction of TENCEL™ Luxe branded lyocell filament yarns in the previous year, Lenzing continues to drive innovations in the area of the value chain. In September, the company also announced the successful development of the LENZING™ Web Technology, a new technology platform focusing on sustainable nonwoven products, which will lead to new market opportunities for the industry. Following several years of research and development work and investments totaling EUR 26 mn, the pilot plant at the headquarters in Lenzing has been successfully put into operation.
Largest dissolving wood pulp line worldwide
At the end of June, the Lenzing Group and Duratex, the largest producer of industrialized wood panels of the southern hemisphere, announced that they had agreed on the terms and conditions to form a joint venture to investigate building the largest single line dissolving wood pulp plant in the state of Minas Gerais (Brazil). This decision supports the self-supply with dissolving wood pulp and the growth in specialty fibers. The joint venture is investigating the construction of a 450,000 t dissolving wood pulp plant, which is expected to become the largest and most competitive single line dissolving wood pulp plant in the world. The final investment decisionto build the dissolving wood pulp plant is subject to the outcome of the basic engineering studies and the approval by the respective supervisory boards.
Acquisition of Chinese operation
At the beginning of November the takeover by the Lenzing Group of the remaining 30 percent of its Chinese subsidiary Lenzing (Nanjing) Fibers Co. Ltd. (LNF) from its state-owned joint venture partner NCFC was completed. After closing of the transaction, the Lenzing Group will hold 100 percent of LNF. The acquisition will have a negative impact on net profit of approx. EUR 21 mn for the fiscal year 2018. The purchase of the shares supports Lenzing’s strategic growth as a producer of specialty fibers from the renewable raw material wood in China and worldwide. It paves the way to setting up further production lines for specialty fibers. Lenzing wants to convert LNF into a specialty fibers hub over time.
Expansion of capacities
CAPEX (investments in intangible assets and property, plant and equipment) rose by 35.5 percent year-on-year to EUR 174.1 mn in the first three quarters of 2018. This is primarily attributable to capacity expansions in Heiligenkreuz and the expansion of the existing dissolving wood pulp plant in Lenzing as well as the investments made so far in Mobile.
Outlook
Demand development on the global fiber market remains positive. Lenzing expects wood-based cellulosic fibers to continue to grow at a higher rate than the overall fiber market. In a challenging market environment the Lenzing Group expects solid results for 2018, albeit lower than in the outstanding last two years.
For 2019, Lenzing expects standard viscose markets to remain under pressure because of an ongoing oversupply and very high raw material prices. Lenzing’s specialty fiber business is expected to continue the very positive development.
The above-mentioned development reassures the Lenzing Group in its chosen corporate strategy sCore TEN. Lenzing is very well positioned in this market environment and will continue its consistent focus on growth with specialty fibers.
Lenzing AG
INFORM, Anbieter für entscheidungsintelligente IT-Systeme, bietet Handelsunternehmen ab sofort die Möglichkeit der automatisierten Bewirtschaftung von Filialen nach Servicegrad und Kostenvorgaben. Die dafür zum Einsatz kommende Software add*ONE kombiniert ein intelligentes Meldebestandsverfahren mit Automatisierungstechniken. Außerdem analysiert sie, welche Artikel auf Lager liegen sollten, minimiert das Bestandsrisiko und ermöglicht eine transparente und wirtschaftliche Planung im gesamten Netzwerk. Interessierte haben auf der LogiMAT 2019 (Halle 8, Stand D61) erstmalig die Gelegenheit, sich die neuen Funktionalitäten live anzuschauen.
Für Unternehmen mit komplexen Netzwerkstrukturen gestaltet sich die Versorgung der regionalen Einzelbetriebe und Filialen oft sehr zeitaufwendig und kostspielig. Disponenten sind herausgefordert, Bedarfe für zahlreiche Artikel in den verschiedenen Regionen abzuschätzen, Bestellungen zusammenzutragen und Liefertermine einzuhalten. Hierbei ist eine manuelle Vorgehensweise vor allem bei wachsenden Produktportfolio nicht wirtschaftlich.
Immer den richtigen Bestand in der Filiale – automatisiert und ohne Risiko
Das neue Verfahren von INFORM berechnet Meldebestände und Höchstbestände intelligent für jeden Artikel einer einzelnen Filiale. In Abhängigkeit dieser Größen werden kostenoptimale Bestellungen vollautomatisiert ausgelöst und an das übergeordnete Lager übermittelt.Darüber hinaus unterstützt die Funktion der so genannten Lagerhaltigkeitsanalyse bei der Entscheidung, welche Artikel überhaupt in der jeweiligen Filiale gelagert werden sollen und stimmt die Bestellmengen darauf ab. Zudem kann eine Obergrenze für den gesamten Warenwert eines Filiallagers festgelegt werden. Das Ziel dabei ist es, alle Artikel in ausreichender Menge zu bevorraten, ohne den maximalen Bestandswert zu überschreiten. Dies trägt erheblich zur Risikominimierung bei und gewährleistet einen konstant hohen Servicegrad.
Effizienzsteigerung im gesamten Netzwerk
Handelsunternehmen sind durch die vollautomatisierte Filialbewirtschaftung in der Lage, den manuellen Dispositionsaufwand vollständig abzulösen. Im Sinne einer Netzwerkplanung erhalten die verantwortlichen Disponenten in den übergeordneten Regional- und Zentrallagern die kostenoptimalen und zuverlässigen Bestellungen der Filialen. Das System fasst diese zusätzlich nach Lieferantenkonditionen und Rabattoptionen optimal zusammen.
sdecoret / shutterstock.com
(c) JEC Group
Paris - After the record-breaking figures of the 2017 edition, that marked the move of JEC Asia from Singapore to Seoul, the event is returning to the capital city of the Republic of Korea with a strong program, not only on the exhibition floor, but also in the conference sessions and all services at the disposal of every attendee.
“We are very grateful for the support of the industry, government bodies, and academics, regarding the evolution of JEC Asia, that has led to the success of the platform. Indeed, 90% of the show floor is already booked which bodes well for the preparation of the event.” Commented Christian STRASSBURGER, Events Director Asia for JEC Group.
“On top of that, the event is truly international, as 45% of the exhibitors are coming from outside Asia. JEC Asia will welcome pavilions from Germany, France, Italy, Japan, China and Singapore, as well as the major composite clusters in Korea.” He added.
FOCUS ON THE AUTOMOTIVE INDUSTRY
The future of mobility is a hot topic for composite materials and JEC Asia will represent, promote and provide information about the increasing integration of composites in automotive developments.
Numerous programs will be offered, such as a whole day conference on Composites in Automotive, a Leadership Composites Circle, an Auto Planet, showcasing parts, a B2B meetings program, a JEC Innovation´Award category and Composites tours (site visits of composite-related facilities).
Finally, for the second time, JEC Asia will host the International Carbon Festival, organized by KCTECH and the Jeonju region, with top-notch conferences and international speakers.
Key Figures 2017
AGENCE APOCOPE
(c) Schoeller Textil AG
For Schoeller Summer 2020 everything flows smoothly. The fabrics move with a fluid lightness in a closed ecological cycle. Upcycled products with ECONYL® yarn and the PFC-free ecorepel® Bio technology based on renewable raw materials are two ecological highlights of the 2020 Summer Collection, which is being developed and produced in the heart of the Swiss mountains. Color effects turn the functional textiles into exciting multicolors with contrasting reverses and fresh, modern plain colors that can easily be combined.
REGENERATED ECONYL® YARN
The textiles manufactured by Schoeller using ECONYL® yarn made from regenerated material are genuine upcycled products. The ECONYL® Reclaiming Program of Aquafil S.P.A. reduces global waste by collecting recyclable materials from landfill sites and the world’s oceans and returning them into the production cycle. The resulting yarn is no different from conventional textiles in terms of quality and appearance. The Schoeller fabric family with ECONYL® yarn encompasses a complete package with diverse exciting qualities such as ultra-light, bi-elastic schoeller®-dynamic (e.g. for windbreaker blousons), very soft, fine schoeller®-dryskin (e.g. for high-tech shorts) and lightweight schoeller®-WB-400.
ECO-CREATED
New, supersoft soft-shells with ECONYL® yarn are available with different backings and weights depending on the situation. The lightest schoeller®-WB-400 radiates a sense of summer in fresh tones such as melon, oxygen blue or khaki with a smooth jersey reverse in contrasting colors, also made from ECONYL® yarn. A slightly heavier quality surprises in classic black with an elegant, navy blue reverse, while the Bordeaux nuance of the soft-shell with its brushed reverse in stone grey feels warm, soft and cozy. The fluorocarbon-free ecorepel® bio-technology, based on renewable raw materials, offers sustainable water repellence.
WHITE MATTER
The dominant features of summer 2020, alongside sustainable textiles and technologies made from natural materials, are inspired multicolors. The comfortable, multicolored schoeller®-WB-400 qualities produce completely new color effects and create a cheerful look – both for outdoor activities and in urban sportswear. The combination of melon, ocean green and stone grey with white changes the mood of the original colors and lends the textiles an unexpectedly chalky, summery look. Another striking feature is the lightweight, white jersey backing, which is only revealed at second glance.
AUGMENTED ORIGINALS
The presentation of the authentic schoeller®-dynamic qualities is no less lively, ranging from mossy green tones and blue nuances through to the brown variations of tree bark. The multicolors combine perfectly with plain fabrics and are impressively functional thanks to the PFC-free ecorepel® bio-technology, which also provides reliable water repellence. The basic qualities of the lightweight schoeller®-dryskin trousers and jackets are given a touch of elegance in the form of a discreet sheen and fashionable colors. In soft blues and greens, these supple all-rounders are highly wear resistant and offer ideal moisture management through the microfibers on the inside. They also feature ecorepel® bio-technology for water repellence.
(c) Schoeller Textil AG
(c) Lectra
Paris – Lectra, the technological partner for companies using fabrics and leather releases its first of a series of cloud-based applications conceptualized for product development and production teams. Quick Estimate and Quick Nest will be launched in France and Italy and will then become available progressively in other countries.
As part of Lectra’s Industry 4.0 strategy, Lectra collaborated with its leading, digitally-attuned customers to develop apps that empower decision-makers to respond in an instant. Quick Estimate revs up product development efficiency and is instrumental to managing costs. Quick Nest provides easy access to automatic marker making and capitalizes on cloud technology to handle heavy volumes of calculations in parallel, maximizing productivity and marker efficiency.
Leveraging the industrial Internet of Things, lean development principles and cloud-based computing, Lectra aims to provide anytime, anywhere access to business enhancing applications. Gone are the days of limited storage space and slow calculation speed. These well-packaged, light cloud applications will redefine the way fashion customers store and process data.
Fabric often accounts for as much as 60% to 70% of the cost of a garment. Quick Estimate allows product development teams to calculate fabric requirements instantly from their Modaris®—Lectra’s 2D/3D patternmaking and grading solution—working environment with direct access to the cloud applications. Pattern developers now have the flexibility to make pattern adjustments more quickly to optimize costs, while protecting the brand’s quality and assuring speed-to-market.
Quick Nest can be accessed through Diamino®, Lectra’s marker-making solution. During the production development stages, Quick Nest users will be able to process more detailed markers faster. Quick Nest can also be used by production teams to treat lists of markers automatically in record time via the cloud.
These apps will also ensure enterprise-wide transparency as management teams gain full visibility of consumption needs for all products in development and production, thanks to viewable access of consolidated data for approval and reporting purposes.
“The end-goal of our new strategy is clear: we want to put our customers at the core of our business. We want them to thrive in this new digital era. Our latest Industry 4.0-friendly apps will serve as growth catalysts for their businesses by enabling them to make sound decisions based on real-time information,” explains Daniel Harari, Chairman and Chief Executive Officer, Lectra. “And this is just the beginning. More innovative apps are yet to come.”
Lectra
In 2017, the Lenzing Group reports its best financial performance ever with record revenue and earnings due to a better product mix and higher selling prices in combination with a generally favorable market environment.
Group revenue grew by 5.9 percent in the 2017 financial year to EUR 2.26 bn (2016: EUR 2.13 bn). Group earnings before interest, tax, depreciation and amortization (EBITDA) improved by 17.3 percent to EUR 502.5 mn (2016: EUR 428.3 mn). The corresponding EBITDA margin rose to 22.2 percent (2016: 20.1 percent). Earnings before interest and tax (EBIT) increased by 25.2 percent to EUR 371 mn, resulting in a higher EBIT margin of 16.4 percent (2016: 13.9 percent). The net profit for the year totaled EUR 281.7 mn, a rise of 23 percent from the prior-year figure of EUR 229.1 mn. Earnings per share in the 2017 financial year amounted to EUR 10.47 (2016: EUR 8.48).
The Management Board and the Supervisory Board will propose at the upcoming Annual General Meeting a stable dividend of EUR 3.00 per share plus an increased special dividend of EUR 2.00 per share (2016: EUR 1.20 per share). In total, the dividend will amount to EUR 5.00 per share, corresponding to a dividend payment to shareholders of EUR 132.75 mn.
“The Lenzing Group looks back at a very successful year 2017. We continued to implement our corporate strategy sCore TEN with great discipline and focus on our investment projects and successfully captured value in a positive market environment. Our commitment to innovation and customer centricity was underpinned by the opening of an application innovation center in Hong Kong and the creation of the new sales and marketing office in Turkey. In line with sCore TEN we decided to revamp our brand architecture and image to sharpen Lenzing’s corporate and product profiles for customers and consumers. We want to put a stronger emphasis on our ambition to make the textile and nonwoven market more sustainable”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group.
“We are very positive about our chosen strategy as it will help us to be more resilient as we expect more headwinds in the upcoming quarters”, he adds.
Lenzing AG
(c)AGENCE APOCOPE
The event confirms its leading position of JEC Group as number one organization for the promotion and development of the composites industry. Indeed the show welcomed more than 1,300 exhibitors from every continents and counted 42,445 professional visits from 115 countries. “The ability of JEC Group to gather the whole composites Industry under one roof over 3 days lies in the fact that we always initiate new precursory programs to the service of composites professionals.” says Ms. Frédérique Mutel, JEC Group President & CEO. “This year we initiated new programs, for instance the Composite Challenge allowing 10 PhD students to pitch their thesis in front of the industry, thus facilitating connections between students and industrialists. In the same spirit, we increased in power our Start Up Booster and Innovation Award Programs to accelerate relations between young or innovative companies with investors or established enterprises. We also introduced one new planet called “Make it Real” along with the Aero, Auto and Construction planets. In this planet, we could discover astonishing futuristic products for example the Aeromobil, a flying car that would revolutionize urban transportation in the near future,“ she adds. “We launched our new Book on Natural Fibers: Flax and Hemp. We had strong communications on Composites Environmental Input and Recycling.”
The event was the first event to promote and host the new “French Fab”, a French government initiative to internationally promote the French Industry and Manufacture. Also, JEC World welcomed the French Secretary of State to the Minister of Economy and Finance Ms. Delphine Gény-Stephann, visit that demonstrates the growing role of composites in the industry.
Inspiring Keynotes to foster composites disruption
Dirk Ahlborn,CEO of Hyperloop opened the Startup Booster ceremony by supporting the spirit of ingenuity in the Industry. Dayton Horvath, industry expert and consultant in additive manufacturing presented his vision of how to apply artificial intelligence to composite Materials and Manufacturing. Finally, Yves Rossy, the “jetman” using the latest carbon-fiber wings for flight introduced the JEC Innovation awards ceremony, motivating the audience to pursue their dreams and explaining how composites could made his dreams come true.
The "Public Choice” Awards Winners
A first at the show this year was the introduction of the public votes to elect their favorite projects among two JEC programs promoting innovation. “The goal to create the “public choice awards” was to involve and embark our community to make their innovation loud. Our vision at JEC is to demonstrate and to make understand towards a broader scope the vast range of possibilities that composite materials offer.”
comments Ms. Anne-Manuèle Hébert, Director for JEC World and European Events for JEC Group.
Public Choice Award for Startup Booster: Inca-Fiber (Germany) with 62.36% of the 2,221 votes
Public Choice Award for JEC Innovation Awards: Infusion technology for an aircraft wing by AeroComposit JSC (Russia) gaining 20.96% of the 4,126 votes.
AGENCE APOCOPE
Loop Linen has earned the Hygienically Clean Food Service designation, reflecting their commitment to best management practices (BMPs) in laundering as verified by on-site inspection and their capability to produce hygienically clean textiles as quantified by ongoing microbial testing. Loop Linen is a fourth-generation family-owned linen and uniform service company located in New Orleans suburb of Westwego.
The certification confirms the laundry’s dedication to compliance and processing linens and garments using BMPs as described in its quality assurance documentation, the focal point for Hygienically Clean inspectors’ evaluation of critical control points (CCPs) that minimize risk. The independent, third-party inspection must confirm essential evidence that:
• Employees are properly trained and protected
• Managers understand legal requirements
• OSHA-compliant
• Physical plant operates effectively
In addition, Loop Linen’s facility passed three rounds of outcome-based microbial testing, indicating that their processes are producing Hygienically Clean garments and linens and diminished presence of harmful bacteria. To maintain their certification, laundry plants must pass quarterly testing to ensure that as laundry conditions change, such as water quality, textile fabric composition and wash chemistry, laundered product quality is consistently maintained.
This process eliminates subjectivity by focusing on outcomes and results that verify textiles cleaned in these facilities meet appropriate hygienically clean standards and BMPs for full- and limited-service restaurants and other food service operations.
Hazard Analysis and Critical Control Points (HACCP) practices are examined in the Hygienically Clean Food Safety inspection process, evaluating the plant’s techniques for:
• Conducting hazard analysis
• Determining CCPs, monitoring their control, correcting them if not under control
• Validating and verifying HACCP system effectiveness
• Documenting and record-keeping to show ongoing conformance
Inspections also evaluate practices relevant to handling and processing textile products used in food manufacturing/processing establishments for adherence to U.S. Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) directives. Introduced in January 2016, Hygienically Clean Food Service brought to linen and uniform service laundering in North America the international cleanliness standards used worldwide by the Certification Association for Professional Textile Services and the European Committee for Standardization.
“Congratulations to Loop Linen on their certification,” said Joseph Ricci, TRSA president and CEO. “This achievement proves their dedication to building their customers’ confidence that their laundry takes every step possible to prevent human illness.”
