From the Sector

• Product development and production teams are on cloud nine, thanks to Lectra’s all-new Quick Estimate and Quick Nest apps

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.”

• Spanish outdoor and sportswear market leader expands international presence thanks to Lectra’s latest product lifecycle management solution

Ismaning/Paris – Lectra, the technological partner for companies using fabrics and leather, is pleased to announce that the Ternua Group, a world-renowned Spanish outdoor clothing and sportswear group, has chosen Lectra Fashion PLM 4.0 to increase their geographical presence by improving global teamwork.

Founded in 1994, the Ternua Group has achieved worldwide success by promoting adventure through respect for nature, producing sustainable technical clothing for outdoor sports enthusiasts worldwide. The group’s strong commitment to the environment is shown through their R&D that focuses on developing their own fabric by using eco-friendly materials such as organic cotton and recycled down.

Today, the group’s portfolio includes three brands Ternua, Astore and Lorpen, currently exporting to more than 50 countries, with operations in Europe, America and Asia. Compounding this global success, the ambitious group plans to penetrate more markets across the globe.

The group is implementing Lectra Fashion PLM 4.0 into their entire production process. Specifically developed to help fashion companies navigate the digital era, this modular and user-friendly solution will help the Ternua Group centralize and store information coming from their brands by digitalizing their supply chain. This will connect all teams involved in the design-to-production process, regardless of geographic location. Team members will also be able to comm unicate better with external suppliers, access accurate information and keep track of every collection’s development progress. The group can hence speed up the entire production process and help their brands deliver their collections to markets all over the world on time.

“We manage our design and product development processes in-house but outsource our production in Europe, north of Africa and Asia. For our business to expand globally, we need to go fully digital. By having a system that consolidates and standardizes data coming from all supply chain actors across the world, we can respond faster to consumer demand,” explains Aitor Barinaga, Chief Operations Officer, Ternua Group. “We have assessed all other vendors—and Lectra Fashion PLM 4.0 is clearly the winner. It has the ability to fully integrate all processes and improve communication and teamwork across all departments through sound data management. We are more than happy to have a trusted partner as Lectra for such an ambitious project.”

“Ternua Group is constantly pushing the boundaries of innovation. This is shown through their desire to help customers achieve their personal best by providing them with high-performance technical wear that is also environmentally friendly. We are thrilled to embark on this new journey with the Ternua Group, and we are confident that our solution and expertise will help them get their collections out to new markets on time,” says Rodrigo Siza, Managing Director, Spain and Portugal, Lectra.

• JEC World 2018, closes its doors on March 8 with a record increase in attendance resuming 3 days of vibrant networking and knowledge sharing.

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.

On March 6-8, 2018, Paris will host the largest international trade show for advanced materials: JEC World, which is organized by JEC Group. For three days, more than 43,000 professional visits from some 100+ countries will gather at the world’s most innovative platform for the materials and products that are revolutionizing our century. “One field where France is a global leader is the field of composites!” says JEC Group President and CEO Frédérique MUTEL.

COMPOSITES ARE GOING STRONG
The share of composites in the global economy is growing. The market for these products is worth 83 billion euros, for a volume of 11.23 million metric tons of volume (2017 statistics). Analysts are predicting a steady 5% growth by 2021. From the industrial viewpoint, composites are developing rapidly, with new automated processes for high-volume production.

INNOVATION IN COMPOSITES
“Innovation is there with the raw materials, such as better-formulated resins (and even recyclable ones like thermoplastics) and higher-performance fibers like carbon, glass and aramid. Moreover, natural materials like starch for matrices and flax, hemp, sisal and bamboo for fibers are being introduced. There is also innovation in the ways composites are being used, and with the creation of completely new things like drones, electronic devices, hydrofoils and flying taxis. Composites are currently making progress everywhere there is a need for low weight and performance. They offer nearly infinite possibilities. These are truly the materials of the century. Designers are adopting them in a broad range of fields like smart cities, infrastructure, networks, transportation, medical devices, sports & leisure and design. Composites materials expand the field of possibilities.” explains Ms. MUTEL.

“MAKE IT REAL” AT THE 2018 JEC WORLD TRADE SHOW
To present the latest trends and innovations, the 2018 JEC World has even more surface area, with 68,000 square meters. The 1,350 exhibitors (from carbon fiber producer to auto builder, from designer to decorator, from research fellow to aircraft manufacturer) will display their latest advances. All stakeholders will be present at the show. JEC World received more than 40,000 professional visits last year, and is expecting 43,000 this year!

THE NEW “MUST” THINGS TO SEE
This year, JEC World will have four planets. Besides the aerospace, automotive and construction planets, there will be a new “Make it real” planet, which gives a preview of designer creations to be exhibited at the Ghent museum starting in October 2018. “We will show the many aspects of composites, and how these materials are being gradually incorporated into everyday objects,” adds Ms. MUTEL.
This year’s JEC World will feature a new “Composite Challenge” program that gives the floor to ten PhD students, who will be given five minutes to pitch their research projects with the help of a single slide. “True to its mission, the JEC Group has set up this new program to share the latest research on composites. But it is not just a way to share the most advanced knowledge, it also helps to bridge the gap between academics and the industry and to identify the industry’s next generation of leaders,” she says.
JEC World will also be the occasion to launch Flax & Hemp Fiber Composites, A Market Reality: The Biobased Solution for the Industry, a new book published by JEC Group on the use of plant-based materials.

KNOWLEDGE & NETWORKING PROGRAMS SUPPORTED BY JEC GROUP
The trade show will host well-known speakers, including Dirk AHLBORN, the CEO of Hyperloop Transportation Technologies, a company that is reinventing transportation with high-speed travel (up to 1,300 km/h, or 808 mph), and Yves ROSSY, aircraft pilot and inventor of the first jet-powered wingpack, with which he is able to reach speeds of up to 300 km/h, or 186 mph. The Startup Booster program will pay tribute to startups, and the JEC Innovation Awards program, to innovations. For the first time, the public will be invited to vote on these two programs!
Six new conferences will also address the latest technical advances that are moving the sector forward, and a Composites in Action program will present live demonstrations throughout the show, in three different places.

For the first time at FILO Milano, Filatura C4 is proud to present, in addition to the already established Re.Verso™ collection for contract, the Blue Drop winning fabric by Audejas, made with Re.Verso™ re-engineered wool. A result born from the shared commitment and vision to integrate a new generation of eco values into their circular economy creations.

Since 1962, Filatura C4 has been known for smart innovation in furnishing contract markets and is now specializing in the recovery of both technical and natural fibers. The company offers a wide range of styles and typologies of yarns for the Technical, Natural and Classic categories. From the choice of raw materials up until the final packaging, Filatura C4 develops and proposes, together with its partners, tailored solutions apt to satisfy a diversified demand. Thanks to its background and its grounding, Filatura C4 is a unique partner for Re.Verso™ in the contract sector.

The collection was planned to satisfy the market’s increasingly more specific needs, which require increased specialization and responsibility in the recovery of textile fabrics. Thanks to the Re.Verso™ system, the company offers quality products with low environmental impact through the use of pre-consumer wool packaging cuts which are collected, selected and processed in an accredited, fully transparent and traceable way. The Re.Verso™ collection is mainly employed in contract and home furnishing.

The Re.Verso™ product is available in a range of counts going from 5,000 to 9,500 Nm and it can be supplied both in singles and in twisted plies.  Re.VersoTM yarns by Filatura C4 are certified by ICEA (Environmental and Ethical Certification Institute) according to GRS (Global Recycled Standard) issued by the international body Textile Exchange and can boast unique savings (in comparison to virgin wool) in terms of energy (-27%), water consumption (-53%), and CO2 emissions (-49%), as certified by the LCA (Life Cycle Assessment) study led by Prima Q.

At Filo, Filatura C4 presents the prizewinning product signed by Audejas, leading Lithuanian producer of upholstery and home textile fabrics since 1946, made for the 75% of wool (55% Re.Verso™ wool) in mix with 20% polyamide and 5% other fibres. This product received the Blue Drop Award on the second day of MoOD 2017. MoOD Brussels is an exhibition dedicated to producers of upholstery, window and wall coverings for the residential and contract market. The Blue Drop exhibition is an inspiring overview of the “best of the best” of what you can find at MoOD selected from creations submitted by exhibitors. Unique in its own way because it is the world’s only quality label of its kind for interior textiles. The “Floris” fabric by Audejas, won the first prize of the Circular Material category, being recognized as a  product that made great effort reducing waste by focusing on eco-centric materials.

The two AZL Partners Conbility GmbH and Fraunhofer IPT, Aachen started their long-term cooperation for the further development and for the commercialization of Fraunhofer´s tape-placement and tape winding systems with in-situ-consolidation by the usage of laser or IR heat sources.

With this cooperation, the company Conbility GmbH makes 25 years of expertise in special machine development of tape placement systems of the Fraunhofer Institute for Production Technology IPT commercially available. Conbility offers two different tape processing systems available in different configurations.

The “PrePro 2D” machine system allows for the automated tailored tape placement of UD laminates and which can be used for subsequent thermoforming or as stiffening structures in injection molding processes. The machine comprises a rotating and translational table which is moved relatively to the applicator station. The table is scalable according to the requirements of customers. Standard table diameters are 1200 mm or 2000 mm. The applicator station can be equipped with a single or with multiple spool applicators. Because of the large process area, a 9 kW IR heater is used for the in-situ-consolidation process.  
Three in one: Three technologies included in one single modular system
Furthermore, the award-winning “PrePro 3D” tape placement and winding applicator is available as modular product with decentral control system (including closed-loop control of energy input into the processing zone) for the “plug-in” implementation in existing robot systems or machine systems by standard interfaces for the communication with the master control system. Conbility provides the single applicator as well as turn-key ready systems including the robot and handling systems.

Unique selling point of the PrePro 3D system is its multifunctional range of usage: it accomplishes laser-assisted thermoplastic tape placement, IR-assisted thermoset prepreg placement and dry fiber placement: Three technologies included in one single modular system.  

During the JEC World in Paris (March 6th – 8th 2018), Conbility GmbH will present its new “VCSEL Tape Placement and Winding Applicator” (Fig. 3), developed in cooperation with Fraunhofer IPT and Philips Photonics at the AZL Composites in Action area (Hall 5A, C55).

VCSEL Laser Systems as heat source for lower investment and process costs
This applicator uses an integrated VCSEL Laser System as heat source which has been developed by Philips Photonics. This tape placement and winding applicator can also be integrated as modular “plug-in” system into industrial jointed-arm and linear gantry robots in variable manufacturing cells. Using the new VCSEL Laser as heat source (VCSEL: Vertical-Cavity Surface Emitting Laser) leads to significant lower investment and process cost in comparison to other laser systems. Furthermore, the VCSEL laser system can accomplish controllable in-process adjustments of the laser-spot geometry as well as the intensity distribution within the spot size during the process (in-process control of laser-spot geometries and intensities) for the first time. The new system with 2 kW laser power and 10 separate emission zones which can be controlled separately will be shown at JEC World in Paris 2018 as new product of Conbility GmbH.

Première Vision has once again been chosen by Archroma to present its developments combining creativity, technology, and sustainable approach. Color Atlas - Archroma's innovative color system dedicated to designers, brands, retailers, and the whole industry - confirms itself as the ideal tool to bring fashion inspiration to life, enhancing functionality in all stages of the process

Archroma, a global leader in color and specialty chemicals, will showcase the latest in its advanced color-management solutions at Première Vision Paris, Hall 6 Booth 6U2. The Color Atlas system will also be featured in MintModa’s SS19 seasonal inspirations, presented on February 14, 2018 at Hall 5, Room 504, at 3pm and 4pm.

Color Atlas: a game-changing system for fashion design

How many shades can creativity have? The Color Atlas by Archroma®, through no less than 4,320 hues and color swatches, truly gives shape to any imagination. This is Archroma Color Management’s groundbreaking platform specially devised to address the needs of designers, brands, retailers, and manufacturers, enhancing creative possibilities for the industry as well as manageability and time to market through key complementary tools:

• The Color Atlas Library is the six-volume physical reference to the 4,320 color swatches and cotton poplin samples, secured yet easily removable and absolutely intuitive to be browsed thanks to the accordion-fold design of the catalogues. A compact edition of the Color Atlas is also available, including the very same color variety while being slimmed down from six to two volumes for increased portability.
• Color Atlas Online is the mobile-friendly designer’s companion to find the perfect color matching while on-the-go or in the office. Through this feature, it’s possible to capture an inspiring image using a smartphone and immediately identify the closest Color Atlas shade palette, with the possibility to purchase a color sample instantly. A new patent-pending technology powered by NFC, exclusively introduced by Archroma, also adds swatch-specific information to each Engineered Color Standard, giving retailers, brands, and mills instant access to dye recipes and more color information than ever. The online system also allows to create personal special collections of colors or products that can also be shared, both internally and with suppliers.

The colors of SS19 trends by MintModa, in collaboration with Archroma

During Première Vision, SS19 seasonal inspirations by MintModa will also highlight the main trends for the new collections, with color ranges referenced using Color Atlas by Archroma®.
On February 14, both at 3pm and 4pm at Hall 5, Room 504, Sharon Graubard (Founder/Creative Director of MintModa) will introduce a highly visual and emotive presentation that captures the zeitgeist with four compelling SS19 color and style narratives. Each design story is told with evocative, style-centric imagery from global runway and street, consumer profiles, beauty and wellness, art, architecture, and other culturally impactful touchpoints. This presentation identifies emerging influences relevant to all design industries.
A limited-edition MintModa x Archroma SS19 color card will be distributed to all attendees.

The need for real dialogue becomes ever more crucial
Amid reconstruction, the world is facing severe realities. In the midst of political disorder, environmental problems, and social scandals, how do we seek the light within the darkness of chaos? As societies become inundated with global waves of conflicting news, the need for real dialogue becomes ever more crucial. Personal interaction is irreplaceable – communicating with nature, reading the signs, and sensing the wind. Creating emotional connections with others and opening the mind to rationality. Now is the time to solidify core values with responsibility and identify key essences of life.

The view from a fashion perspective: toughness and resilience
How will fashion respond to these ever-changing turbulent times? Will fashion allow other elements to penetrate our lives whilst innumerable other issues make their presence felt? Fashion is meant to console, to provide a retreat during unpredictable times. At its core, fashion represents unhindered confidence and allows us to freely express ourselves. Let us address how to best confront negative forces through fashion and mindful resilience.

Intertextile Directions Spring / Summer 2019 Trend Forum
Developed by renowned trend experts from Tokyo, New York, Milan and Paris, the Intertextile Directions Trend Forum will present three trends for Spring / Summer 2019 under the overall theme ‘Dialogue’: @ sense, # couture and e. native. Exhibitors’ fabrics will illustrate the colour, fabric and print styles of each trend.

Overall colour trends
This season witnesses an enriched palette, encapsulating a refined and premium feel. Refreshing and vivid colours introduce a sense of vitality and elicit creativity.

As well as the international trends for Spring / Summer 2019, three Fabrics China Trend Forums will illustrate the domestic trends for ladieswear and menswear, as well as a ‘Fashion Focus’ area. A number of seminars will also be held to give more insight into the S/S 19 trends.

In addition to Intertextile Shanghai Apparel Fabrics, four other textile fairs also take place at the National Exhibition and Convention Center: Yarn Expo Spring, Intertextile Shanghai Home Textiles – Spring Edition, fashion garment fair CHIC and knitting fair PH Value.

• Nathalie Brunel’s role is to support Lectra’s global teams in the roll-out of its new strategy to customers

Paris – Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce the appointment of Nathalie Brunel to the role of Vice-President Sales, Fashion & Apparel. Based at Lectra’s headquarter’s in Paris, Nathalie reports to Edouard Macquin, Chief Sales Officer, Lectra and a member of the executive committee.

Nathalie Brunel’s role is to support Lectra’s subsidiaries as they conduct the Group’s strategic roadmap through the deployment of an offer—integrating the PLM and the cutting room of the future—which is rooted in customer experience. Nathalie will notably work with six countries: United States, China, Germany, United Kingdom, France and Italy.

“The fashion and apparel industry, a historic market for Lectra, is the pillar of our international presence. Our customers expect a high level of expertise and advice to meet the challenges they face due to the digitalization of their professions. Nathalie Brunel’s experience in transforming organizations and developing business for complex solutions within large groups is a valuable asset for both Lectra and our customers,” states Edouard Macquin.

“The fashion and apparel ecosystem is clearly entering the digital era. I aim to bring Lectra’s value proposition to our customers, facilitating their adoption of Industry 4.0 principles. I am proud to contribute to the integration of new technologies in their processes, from design to the finished product. It is crucial to meet the needs of companies facing a complex and fragmented market that is generating both local, and global, pressures,” underlines Nathalie Brunel.

Nathalie Brunel has over 20 years of experience in managing large accounts and management responsibility. In 1996, she joined the Altran group where she successively held the roles of Development Director, Director of a business unit, Associate Director, and Executive Director of large accounts. In 2011, Orange Business Services recruited Nathalie Brunel as Vice-President, Business Operations and Support, then Vice-President Large Accounts, Manufacturing and IT. Prior to joining Lectra, Nathalie Brunel held the position of CEO and shareholder of Okavango Energy, a consulting and industrial energy performance company.

Nathalie has a diploma from the Institut supérieur de commerce de Paris.

• Revenue up 9.4 percent to EUR 1,726.6 mn
• EBITDA improvement of 23.9 percent to EUR 397.1 mn
• Retail bond of EUR 120 mn redeemed – Lenzing with net liquidity as at end of September
• State-of-the-art application innovation center opened in Hong Kong

Lenzing – The Lenzing Group generated a substantial increase in revenue and earnings in the first nine months of the 2017 financial year compared to the prior-year period. The company is continuing the implementation of its Group strategy sCore TEN in order to further expand the offering of specialty fibers and be even closer to its customers and business partners.

Consolidated revenue climbed 9.4 percent year-on-year to EUR 1,726.6 mn. This increase is mainly attributable to higher prices for all three fiber generations. Consolidated earnings before tax, depreciation and amortization (EBITDA) rose 23.9 percent to EUR 397.1 mn, corresponding to an EBITDA margin of 23 percent, up from 20.3 percent in the prior-year period. Earnings before interest and tax (EBIT) increased by 34.6 percent to EUR 298.4 mn, resulting in a higher EBIT margin of 17.3 percent (Q1-3 2016: 14 percent). The profit for the period improved by 35.3 percent to EUR 219.3 mn, and earnings per share rose 36 percent to EUR 8.12 per share. In September Lenzing redeemed the retail bond of EUR 120 mn. At the end of the reporting period the Group had net liquidity of EUR 16.9 mn.

“In the first three quarters of 2017, we successfully captured value in a very positive market environment and we continue to implement the sCore TEN strategy with great discipline. The opening of our new application innovation center in Hong Kong is an important step to boost our regional innovation capabilities. We were particularly proud to launch TENCELTM Luxe as a sign of Lenzing’s ongoing commitment to innovation and sustainability”, states Stefan Doboczky, Chief Executive Officer of the Lenzing Group. “After three excellent quarters we are confident to deliver substantially better operating results in 2017 compared to 2016, but at the same time we do expect more headwinds in 2018.”

Focus on customer intimacy

In September 2017, the Lenzing Group opened a new application innovation center (AIC) in Hong Kong, thus setting a further milestone in strengthening its innovation offering to all partners along the value chain. New applications for Lenzing fibers will be developed and tested at the new facility, among them applications for recent innovations such as the TENCELTM Luxe branded lyocell filament, the RefibraTM branded lyocell fiber and the EcoVeroTM branded viscose fiber.

Furthermore, new sales and marketing offices were opened in Turkey and South Korea in the first half of 2017. The direct contact to customers and well-equipped showrooms featuring products made of LenzingTM fibers serve as the basis for providing even better customer support.

Investment program in progress

The Lenzing Group aims to increase the share of specialty fibers as a percentage of revenue to 50 percent by 2020. Following the capacity expansion initiatives in Heiligenkreuz (Austria) and Mobile, Alabama (USA) which are both underway, Lenzing announced its intention to construct the next plant to produce TENCEL® fibers in Thailand.

A new era of sustainable production

In October 2017, the Lenzing Group presented a new product, TENCELTM Luxe, at an exclusive event held in Paris. The TENCELTM Luxe branded filament yarn represents Lenzing’s entry in the filament market. This fiber will support the Lenzing Group’s path towards becoming a true specialty player in the market for botanic materials derived from the sustainable raw material wood.

The launch volumes of TENCELTM Luxe are being produced at the Lenzing site. The basic engineering for a commercial scale plant was commenced.

Outlook
Demand development on the global fiber market remains positive within the context of a generally friendly macroeconomic environment. Lenzing expects wood-based cellulose fibers to grow at an even higher rate than the overall fiber market. After three excellent quarters, the Lenzing Group will achieve an operating result in 2017 that is significantly better than 2016.

For 2018, Lenzing sees a number of somewhat opposing factors that limit visibility regarding fiber price developments. Overall market demand is expected to remain high. However, the Group expects a substantial increase on the supply side, especially for viscose but also for cotton. Price trends for selected key raw materials, especially caustic soda, are difficult to predict. Against this background the Lenzing Group expects a much more challenging market environment for standard viscose during the upcoming quarters.

The above-mentioned development reassures the Lenzing Group in its chosen corporate strategy sCore TEN. The Group initiated its transformation from a volume-oriented viscose player to a value-oriented specialty fiber player at the end of 2015, and will continue the disciplined implementation of its business strategy.