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18.03.2024

Autoneum: Increase in revenue and profit in 2023

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Autoneum significantly improved revenue in local currencies by 34.8% in 2023 compared to the previous year, supported by inorganic growth and a positive market environment. Consolidated in Swiss francs, revenue increased by 27.6% to CHF 2 302.3 million. The acquisition of Borgers Automotive already made a positive contribution to earnings and value in the first year and Business Group North America achieved a turnaround. EBIT adjusted for one-time effects more than doubled year-on-year to CHF 99.2 million and, with an EBIT margin of 4.3%, was at the upper end of the guidance. Net profit for the full year 2023 increased by an impressive CHF 50.2 million to CHF 61.1 million. Based on the positive net results, the Board of Directors is proposing a dividend of CHF 2.50 per share.

Outlook
According to forecasts, worldwide automobile production will be somewhat restrained in 2024 and may even decline slightly compared with 2023. Based on these market forecasts1, Autoneum expects revenue in 2024 of CHF 2.3 billion to 2.5 billion. The Company anticipates an EBIT margin of 4.5–5.5% and free cash flow in the high upper double-digit million range for 2024.

1 Source: S&P Global Light Vehicle Production Forecast of February 16, 2024.

More information:
Autoneum financial year 2023
Source:

Autoneum Management AG

Freudenberg showcases sustainable solutions at Techtextil 2024 (c) Freudenberg Performance Materials
Freudenberg´s sustainable carrier material for green roofs on urban buildings is made from renewable resources
15.03.2024

Freudenberg showcases sustainable solutions at Techtextil 2024

Freudenberg Performance Materials (Freudenberg) is showcasing solutions for the automotive, building, apparel, filtration and packaging industries at this year’s Techtextil in Frankfurt am Main from April 23 – 26.

Sustainable nonwoven for car seats
One innovation highlight at Techtextil is a novel Polyester nonwoven material for car seat padding. Also available as a nonwoven composite with PU foam, it is not only easier for car seat manufacturers to handle during the mounting process, but also ensures better dimensional stability as well as providing soft and flexible padding. It has a minimum 25 percent recycled content, for example, by reusing nonwoven clippings and waste, and is fully recyclable. Full supply chain transparency enables customers to trace and verify the content of the nonwoven and thus ensures a responsible production process. The Freudenberg experts will also be presenting several other nonwoven solutions made of up to 80 percent recycled materials that can be used in car seat manufacturing.

Freudenberg Performance Materials (Freudenberg) is showcasing solutions for the automotive, building, apparel, filtration and packaging industries at this year’s Techtextil in Frankfurt am Main from April 23 – 26.

Sustainable nonwoven for car seats
One innovation highlight at Techtextil is a novel Polyester nonwoven material for car seat padding. Also available as a nonwoven composite with PU foam, it is not only easier for car seat manufacturers to handle during the mounting process, but also ensures better dimensional stability as well as providing soft and flexible padding. It has a minimum 25 percent recycled content, for example, by reusing nonwoven clippings and waste, and is fully recyclable. Full supply chain transparency enables customers to trace and verify the content of the nonwoven and thus ensures a responsible production process. The Freudenberg experts will also be presenting several other nonwoven solutions made of up to 80 percent recycled materials that can be used in car seat manufacturing.

Biocarrier for green roofs
Freudenberg is showcasing a sustainable carrier material for green roofs on urban buildings at the trade fair. The carrier is made from polylactide, i.e. from renewable resources. When filled with soil, it provides a strong foothold to root systems, enabling the growth of lightweight sedum blankets that can be rolled out to provide instant green roofs. These roofs not only help counter urban heat, they also improve stormwater management and regulate indoor temperatures.

From textile waste to padding
The company extended its circular thermal wadding product range with the release of comfortemp® HO 80xR circular, a wadding made from 70 percent recycled polyamide from discarded fishing nets, carpet flooring and industrial plastic. Because polyamide 6, also known as nylon, retains its performance characteristics after multiple recycling processes, the fibers can be used again and again to manufacture performance sporting apparel, leisurewear and luxury garments.

Packaging solutions with various sustainability benefits
Freudenberg is also showcasing products for sustainable packaging and filtration solutions. The long-lasting Evolon® technical packaging series is a substitute for disposable packaging used in the transport of sensitive industrial items such as automotive parts. The material is made from up to 85 percent recycled PET. A further highlight at Techtextil are Freudenberg’s fully bio-based solutions for manufacturing dessicant bags. The binder-free material based on bio-fibers is also industrially compostable.
In addition, the experts will be giving trade fair visitors an insight into Freudenberg’s filtration portfolio.

Source:

Freudenberg Performance Materials

08.03.2024

Autoneum: Two new plants in China and India

  • Autoneum is expanding its production capacities in Asia with two new plants in Changchun in the Chinese province of Jilin and Pune in Western India.

The world's largest automotive market Asia is one of the most important sales regions for vehicle manufacturers and suppliers as well as a pioneer for new forms of e-mobility. Autoneum already supplies both international and local vehicle manufacturers in Asia with multifunctional lightweight components for noise and heat protection, supporting them in their commitment to sustainable mobility. Autoneum is expanding its production capacities in the key automotive hubs of China and India to increase its presence and thus its proximity to customers in these important production centers.

  • Autoneum is expanding its production capacities in Asia with two new plants in Changchun in the Chinese province of Jilin and Pune in Western India.

The world's largest automotive market Asia is one of the most important sales regions for vehicle manufacturers and suppliers as well as a pioneer for new forms of e-mobility. Autoneum already supplies both international and local vehicle manufacturers in Asia with multifunctional lightweight components for noise and heat protection, supporting them in their commitment to sustainable mobility. Autoneum is expanding its production capacities in the key automotive hubs of China and India to increase its presence and thus its proximity to customers in these important production centers.

Autoneum’s new plant in China, which will be operated as a joint venture, will be located in Changchun in the northern Chinese Jilin province, which is one of Asia’s largest car production centers. The proximity to key local and international vehicle manufacturers makes Changchun a strategically important and attractive location for Autoneum. The plant will help to increase market share with European, Japanese and Chinese car manufacturers with products for light vehicles and also support the expansion of the Company’s business with components for commercial vehicles in this region. The project is supported by the local authorities in China. From the end of 2024, the plant will ramp up production with first samples for already awarded business for inner dashes, interior floor insulators and other NVH (noise, vibration, harshness) components for cars of all drive types.

Autoneum is furthermore expanding its local presence in Western India with a fully owned production facility in Pune in the state of Maharashtra. The Company already operates two locations in India: one in Behror near New Delhi in the north and a joint venture plant in Chennai in the south. Thanks to the new Pune plant, Autoneum will now be present in the north, west and south of the country and gain access to the third of four major automobile production centers in India. Orders have already been received and the plant in Pune will start manufacturing carpet systems, interior trim, wheelhouse outer liners, e-motor covers and other noise protection components as of the second quarter of 2024. From the 7 500 square meter building, Autoneum will supply international as well as local car manufacturers with a particular focus on Indian and Korean vehicle manufacturers.

Source:

Autoneum Management AG

08.03.2024

Final report of the World Pultrusion Conference 2024

The 17th World-Pultrusion-Conference (WPC) took place in Hamburg from 29 February to 1 March. Pultrusion, also known as the extrusion process, is a highly efficient method for producing fibre-reinforced plastic profiles for various applications in the construction/infrastructure and transport sectors.

A record number of almost 150 participants from all over the world attended the event. An international audience of experts from Europe and the USA, as well as China, India and Japan was represented.

The lecture programme with a total of 25 specialist lectures was strongly characterised by the topic of sustainability. The process development of thermoplastic pultrusion and applications in wind energy, solar panels, bridge construction and the automotive industry were also discussed at length. Despite the difficult market environment, many opportunities and possibilities for the pultrusion industry were presented.

The 17th World-Pultrusion-Conference (WPC) took place in Hamburg from 29 February to 1 March. Pultrusion, also known as the extrusion process, is a highly efficient method for producing fibre-reinforced plastic profiles for various applications in the construction/infrastructure and transport sectors.

A record number of almost 150 participants from all over the world attended the event. An international audience of experts from Europe and the USA, as well as China, India and Japan was represented.

The lecture programme with a total of 25 specialist lectures was strongly characterised by the topic of sustainability. The process development of thermoplastic pultrusion and applications in wind energy, solar panels, bridge construction and the automotive industry were also discussed at length. Despite the difficult market environment, many opportunities and possibilities for the pultrusion industry were presented.

The conference takes place every two years in a European country of importance to the pultrusion industry and is organised by AVK for the European Pultrusion Technology Association (EPTA), in cooperation with the American Composites Manufacturers Association (ACMA).

Source:

AVK - Industrievereinigung Verstärkte Kunststoffe e. V / The European Pultrusion Technology Association (EPTA)

Mohammed Ben Sulayem, FIA President. Ahmet Mercan, CEO of AlphaTauri. Photo: AlphaTauri
Mohammed Ben Sulayem, FIA President. Ahmet Mercan, CEO of AlphaTauri.
20.02.2024

AlphaTauri becomes the first Official Clothing Partner of the FIA

In the first partnership of its kind, AlphaTauri has joined with the governing body for world motorsport, the Fédération Internationale de l'Automobile (FIA), to become their official clothing partner.

Over this significant three-year partnership, AlphaTauri will equip all FIA staff with clothing and accessories, redefining how style and convenience intertwine with the world of motorsport. AlphaTauri will also be the official partner of the FIA Prize Giving Ceremony that is held once a year to honour the champions from every major branch of motorsports in a star-studded event. This strategic collaboration aligns two organisations that are deeply committed to innovation.

The partnership between FIA and AlphaTauri represents a fusion of automotive technology, high fashion, and the pursuit of excellence. It will transform the way FIA staff experience their roles while ensuring they maintain a distinctive and stylish presence.

In the first partnership of its kind, AlphaTauri has joined with the governing body for world motorsport, the Fédération Internationale de l'Automobile (FIA), to become their official clothing partner.

Over this significant three-year partnership, AlphaTauri will equip all FIA staff with clothing and accessories, redefining how style and convenience intertwine with the world of motorsport. AlphaTauri will also be the official partner of the FIA Prize Giving Ceremony that is held once a year to honour the champions from every major branch of motorsports in a star-studded event. This strategic collaboration aligns two organisations that are deeply committed to innovation.

The partnership between FIA and AlphaTauri represents a fusion of automotive technology, high fashion, and the pursuit of excellence. It will transform the way FIA staff experience their roles while ensuring they maintain a distinctive and stylish presence.

Source:

AlphaTauri

KARL MAYER: Launch of new tricot machine TM 4 EL (c) KARL MAYER GROUP
24.01.2024

KARL MAYER: Launch of new tricot machine TM 4 EL

At the end of last year, KARL MAYER launched the TM 4 EL – a new, highly flexible machine for the mid-range segment in the four-bar tricot machine sector. The machine produces fabrics for upholstery, automotive interiors and outerwear, as well as sportswear items and home textiles.

Featuring KARL MAYER’s proven CFRP technology, the TM 4 EL is up to 30% faster than the previous four-bar tricot machine designed for the commodity sector.

The new TM 4 EL is offered in gauges E 28 and E 32. The available working widths are 210” and 280”, with a working width extension also available. Further width varieties are also planned. Equipment highlights include an integrated Laser Stop to detect yarn breakages early, and functional LED lighting, which illuminates the warp knitting area for easy handling and signals unplanned machine stops using the corresponding colour. The machine can be networked with KM.ON’s secure cloud via the k.ey device to utilise the KARL MAYER GROUP’s digital solutions. This includes, for example, the web-based lapping editor CORE LITE.

At the end of last year, KARL MAYER launched the TM 4 EL – a new, highly flexible machine for the mid-range segment in the four-bar tricot machine sector. The machine produces fabrics for upholstery, automotive interiors and outerwear, as well as sportswear items and home textiles.

Featuring KARL MAYER’s proven CFRP technology, the TM 4 EL is up to 30% faster than the previous four-bar tricot machine designed for the commodity sector.

The new TM 4 EL is offered in gauges E 28 and E 32. The available working widths are 210” and 280”, with a working width extension also available. Further width varieties are also planned. Equipment highlights include an integrated Laser Stop to detect yarn breakages early, and functional LED lighting, which illuminates the warp knitting area for easy handling and signals unplanned machine stops using the corresponding colour. The machine can be networked with KM.ON’s secure cloud via the k.ey device to utilise the KARL MAYER GROUP’s digital solutions. This includes, for example, the web-based lapping editor CORE LITE.

Source:

KARL MAYER GROUP

15.12.2023

VIATT 2024 as the response to Vietnam's developing textile sector

Vietnam is the subject of increasing investment across an array of industries, with its textile sector going from strength to strength in a short space of time. To give key players from across the textile spectrum an opportunity to make their presence felt in this market, the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) will make its debut from 28 February – 1 March 2024. Taking place at the Saigon Exhibition and Convention Center (SECC), the new fair will cover three main product sectors, namely apparel fabrics, yarns and fibres, and garments; home textiles; as well as technical textiles and nonwovens, textile processing, and printing technology.

Vietnam is the subject of increasing investment across an array of industries, with its textile sector going from strength to strength in a short space of time. To give key players from across the textile spectrum an opportunity to make their presence felt in this market, the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) will make its debut from 28 February – 1 March 2024. Taking place at the Saigon Exhibition and Convention Center (SECC), the new fair will cover three main product sectors, namely apparel fabrics, yarns and fibres, and garments; home textiles; as well as technical textiles and nonwovens, textile processing, and printing technology.

In line with the industry’s anticipation, the country was identified as the ideal location for ASEAN’s new comprehensive textile platform for several key reasons. Vietnam’s pro-business policies, strategic geographical location, abundant labour force, and favourable trade agreements have contributed to its rise as a global textile manufacturing hub. Agreements such as the Regional Comprehensive Economic Partnership (RCEP); the Indo-Pacific Economic Framework for Prosperity (IPEF); and 15 free trade agreements (FTAs) covering over 60 countries and regions, will further enable participants from across the value chain to conduct cross-border business after connecting at next year’s show. In addition, several key travel initiatives that serve international players have been implemented, including the country’s APEC Business Travel Card programme[1], availability of e-visas to all nationalities, and visa-free travel for select countries[2].  

Exhibitors from multiple textile sub-sectors converge in February
In Vietnam’s home textile segment, rising urbanisation, emerging young consumers, and higher disposable incomes are interrelated factors driving growth[3]. Globally, three of the top trends include recycling; utilising green fibres; and the increasing use of technical fabrics for enhanced comfort and health. At the fair, confirmed home textiles exhibitors include Hanyang Eco Tex, Hohmann GmbH, Phuong Nam Feather, and SIGMA, set to showcase their most up-to-date products, covering bedding, upholstery fabrics, curtain, and sun protection.
 
Utilised for automobiles, civil aviation, construction, health care, and more, Vietnam's exports of technical textiles reached USD 676.6 million for the first nine months of 2022, up 17.1% compared to the same period in 2021[4]. This in turn bodes well for the country’s import prospects of quality machinery and equipment. Hoping to cater to domestic demand at VIATT 2024, international suppliers in this category include Julai, SIGMA, and Skwentex.

Meanwhile, apparel-related products make up the lion’s share of the country’s textile exports – according to Vietnam Textile & Apparel Association (VITAS), in 2022 these numbered USD 29.1 billion. From Ho Chi Minh to Hanoi, numerous international fashion brands have a manufacturing presence, including Adidas, H&M, Lacoste, Lululemon, Nike, The North Face, Uniqlo, and many more. At next year’s fair, exhibitors such as Avery Dennison, Lenzing, Stylem Takisada-Osaka, and Texwinca, will aim to draw the attention of apparel brands and a wide range of other domestic and international buyers.

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is organised by Messe Frankfurt (HK) Ltd and the Vietnam Trade Promotion Agency (VIETRADE), covering the entire textile industry value chain.

[1] ‘Everything You Need to Know About Traveling to Vietnam with an APEC Business Travel Card’, April 2023, Vietnam Briefing, https://www.vietnam-briefing.com/news/apec-business-travel-card-vietnam.html/ (Retrieved: November 2023)
[2] ‘Vietnam Introduces E-Visa for All Nationalities from August 15, 2023’, August 2023, Vietnam Briefing, https://www.vietnam-briefing.com/news/vietnam-introduces-e-visa-for-all-nationalities-from-august-15-2023.html/ (Retrieved: November 2023)
[3] ‘Vietnam Home Textile Market Size & Share Analysis’, 2023, Mordor Intelligence, https://shorturl.at/wQVWZ (Retrieved: November 2023)
[4] ‘Vietnam's technical fabric exports continue to be positive’, October 2022, Web Portal of Supporting Industry of Vietnam, https://shorturl.at/lmnvX (Retrieved: November 2023)

Source:

Messe Frankfurt (HK) Ltd

11.10.2023

Toray expands French Carbon Fiber Production Facilities

Toray Industries, Inc. will expand the French subsidiary Toray Carbon Fibers Europe S.A.’s production facilities for regular tow medium- and high-modulus carbon fibers (up to 24,000 filaments). This move will increase annual capacity at the Abidos plant (South-West France) from 5,000 metric tons annually, to 6,000 metric tons. Production is expected to start in 2025.

Demand for medium- and high-modulus carbon fibers is rising in Europe, driven by a push to move towards a net-zero society. This growth is mainly due to higher build rates for commercial aircrafts (secondary structures and engines), as well as centrifuge for energy production, satellites, and high-end automobiles. By boosting carbon fiber production capacity in Europe, Toray is responding to its customers’ demand for medium and high-modulus carbon fibers, as befits the market leader.

Toray Industries, Inc. will expand the French subsidiary Toray Carbon Fibers Europe S.A.’s production facilities for regular tow medium- and high-modulus carbon fibers (up to 24,000 filaments). This move will increase annual capacity at the Abidos plant (South-West France) from 5,000 metric tons annually, to 6,000 metric tons. Production is expected to start in 2025.

Demand for medium- and high-modulus carbon fibers is rising in Europe, driven by a push to move towards a net-zero society. This growth is mainly due to higher build rates for commercial aircrafts (secondary structures and engines), as well as centrifuge for energy production, satellites, and high-end automobiles. By boosting carbon fiber production capacity in Europe, Toray is responding to its customers’ demand for medium and high-modulus carbon fibers, as befits the market leader.

Source:

Toray Industries

30.08.2023

Autoneum: Half-Year Results 2023

Autoneum's consolidated revenue increased by 24.1% from CHF 888.7 million to CHF 1 102.6 million in the first half of 2023. The Group grew significantly both organically, thanks to a market recovery in Europe and North America, and inorganically, through the acquisition of the traditional German company Borgers. All business units improved their profitability compared to the prior-year period. EBIT adjusted for special effects increased by CHF 33.0 million to CHF 45.0 million and the EBIT margin rose from 1.4% to 4.1% compared to the prior-year period. EBIT rose by CHF 78.5 million to CHF 84.9 million in the same period, with an increase in EBIT margin of 7.0 percentage points to 7.7%. Autoneum achieved a solid net result of CHF 57.8 million. Business Group North America nearly reached break-even point before special effects. As planned, the Borgers units, consolidated for the first time in the second quarter, made a positive contribution to the overall result from day one.

Autoneum's consolidated revenue increased by 24.1% from CHF 888.7 million to CHF 1 102.6 million in the first half of 2023. The Group grew significantly both organically, thanks to a market recovery in Europe and North America, and inorganically, through the acquisition of the traditional German company Borgers. All business units improved their profitability compared to the prior-year period. EBIT adjusted for special effects increased by CHF 33.0 million to CHF 45.0 million and the EBIT margin rose from 1.4% to 4.1% compared to the prior-year period. EBIT rose by CHF 78.5 million to CHF 84.9 million in the same period, with an increase in EBIT margin of 7.0 percentage points to 7.7%. Autoneum achieved a solid net result of CHF 57.8 million. Business Group North America nearly reached break-even point before special effects. As planned, the Borgers units, consolidated for the first time in the second quarter, made a positive contribution to the overall result from day one.

Economic conditions in the automotive supply industry improved in the first half of 2023 compared to the prior-year period. There was a slight easing of supply chains and a rise in production volumes among vehicle manufacturers already in the first quarter of 2023. This was especially true in markets that had previously been heavily impacted by supply chain bottlenecks.

Global automobile production climbed by 11.8%* compared with the prior-year period, although consumer demand was somewhat dampened by high vehicle prices in some markets. In this improved market environment and supported by the acquisition of the automotive business from Borgers, a long-standing German company, as of April 1, 2023, Autoneum increased its revenue and net result substantially in the first six months compared with the same period of the previous year.

  • Positive revenue development supported by inorganic growth
  • Significant improvement of operational profitability and solid net profit
  • Equity ratio influenced by the acquisition of Borgers Automotive
  • Creation of a capital band
  • Business Groups
  • Integration of Borgers automotive business
  • Working on behalf of electromobility with sustainable noise absorption in underbody
  • shields
  • Change to the Group Executive Board
  • SBTi recognizes Autoneum’s science-based targets

Outlook unchanged
According to the current S&P market forecasts, it is expected that global automobile production will climb by 5.7%* in 2023 compared with 2022. Autoneum anticipates that production volumes in the various regions will develop in line with the forecasts. Customer negotiations are ongoing and Autoneum expects that the increase in costs for raw materials, energy, transportation and staff will be completely offset in the second half of the year. Based on the forecast market development and the renegotiated customer agreements, Autoneum confirms the outlook that it published in March 2023. The Company expects total revenue of CHF 2.4 to 2.5 billion at unchanged exchange rates for the financial year 2023, an EBIT margin of 3.5% to 4.5% excluding one-time effects and a free cash flow in the higher double-digit millions, excluding acquisition-related net cash outflows.

For more information, see attached document.

*Source: S&P market forecast – August 15, 2023

Source:

Autoneum Management AG

07.08.2023

Epson auf der Labelexpo Europe 2023

Epson zeigt auf der Labelexpo 2023 (11.9.–14.9.2023, Brüssel Expo) erstmals öffentlich auf einer Messe in Europa das Upgrade seiner bestehenden SurePress 4000 Serie, die industrielle Etikettendruckmaschine SurePress L-4733AW. Ebenfalls ist auf dem Stand die SurePress L-6534VW zu sehen, eine Druckmaschine, die mit einem CMYK-Tintensatz plus weißer Tinte sowie mit entweder einer orangefarbenen Tinte oder einem Inline-Lack erhältlich ist. Auf dem Stand werden ebenfalls neue cloudfähige ColorWorks Etikettendrucker für den Einsatz in On-demand-Druckaufgaben zu sehen sein.

Epson zeigt auf der Labelexpo 2023 (11.9.–14.9.2023, Brüssel Expo) erstmals öffentlich auf einer Messe in Europa das Upgrade seiner bestehenden SurePress 4000 Serie, die industrielle Etikettendruckmaschine SurePress L-4733AW. Ebenfalls ist auf dem Stand die SurePress L-6534VW zu sehen, eine Druckmaschine, die mit einem CMYK-Tintensatz plus weißer Tinte sowie mit entweder einer orangefarbenen Tinte oder einem Inline-Lack erhältlich ist. Auf dem Stand werden ebenfalls neue cloudfähige ColorWorks Etikettendrucker für den Einsatz in On-demand-Druckaufgaben zu sehen sein.

Neue Epson SurePress L-4733AW
Die SurePress L-4733AW basiert auf der Technologie ihrer branchenführenden Vorgänger der SurePress L-4000 Serie und ist somit wie diese auf eine gute Druckqualität, hohe Zuverlässigkeit sowie nochmals verbesserte Druckgeschwindigkeit ausgelegt. Dank ihres verbesserten AQ4-Tintensets mit den Farben CMYK, Grün, Orange und Weiß deckt sie einen größeren Farbraum ab und erlaubt eine noch präzisere Farbreproduktion auf einer Vielzahl von Druckmedien. Darüber hinaus bietet sie vereinfachte, automatische Wartungsfunktionen, die die Betriebszeit bei minimalen Benutzereingriffen maximiert. Die L-4733AW ermöglicht so effiziente, zuverlässige Workflows mit kürzeren Durchlaufzeiten.

Die SurePress L-6534VW wird auf dem Epson Stand der Labelexpo 2023 in Kombination mit einem All-in-one-Etikettenfinisher GM DC330 Mini der dänischen Firma Grafisk Maskinfabrik A/S gezeigt. Die SurePress ermöglicht eine Druckgeschwindigkeit von bis zu 50 Metern pro Minute und bietet eine hohe Produktivität auch für große Auflagen. Dank der Möglichkeit, eine Inline-Veredelung zu implementieren, stellt die Anlage eine vollständige, qualitativ hochwertige End-to-End-Lösung dar, die die Produktionszeiten auch umfangreicher Auflagen spürbar reduziert.

Epson ColorWorks Drucker und Epson Loftware Partnerschaft
Auf der Labelexpo 2023 werden infolge einer Partnerschaft zwischen Epson und der Loftware GmbH erstmals neue cloudfähige Epson ColorWorks Etikettendrucker vorgestellt. Loftware ist ein Anbieter cloudbasierter Etikettier- und Artwork-Management-Lösungen für Unternehmen. Hochentwickelte Clouddienste ermöglichen von praktisch überall aus Zugriff auf die Geräte. Damit erfüllen die ColorWorks die steigende Nachfrage nach produktiven Etikettendrucklösungen verschiedener Branchen wie Chemie, Pharma, Elektronik, Automobil, Luftfahrt und Einzelhandel.

Epson wird auf seinem Stand außerdem eine automatisierte Etikettierungsanwendung präsentieren, bestehend aus zwei ColorWorks Druckern, Visionsystem und einem Epson Roboter. Es handelt sich um eine konkrete Anwendung aus der Medizinbranche, die eine individuelle Etikettierung von Medikamentenbehältern unterschiedlicher Größe erfordert. Durch den mit dem Roboter automatisierten Prozess entfällt die Notwendigkeit einer bei Präparaten dieser Art üblichen manuellen Hantierung und damit auch eine Fehlerquelle.

Zu den weiteren Highlights des Standes gehört der Prototyp eines Epson RFID-Druckers, der als erster seiner Art auf Abruf farbige RFID-Etiketten produziert. Farbetiketten haben im Vergleich zu Schwarzweiß-Etiketten den Vorteil, dass wichtige Informationen deutlich aufmerksamkeitsstärker hervorgehoben werden können, so beispielsweise für die schnelle, sichere Unterscheidung unterschiedlicher Produkte.

Produktinformationen zur SurePress L-4733A/AW
Die SurePress L-4733A/AW ist ein Upgrade der 4000er-Serie, die im Markt für ihre Qualität und Zuverlässigkeit bekannt ist. Sie verwendet eine wasserbasierte Tinte, sodass diese Geräte sowohl auf Papier als auch auf Folien drucken können.

Bei der SurePress L-4733A/AW kommt ein weiterentwickeltes AQ-Tintenset zum Einsatz, das die Druckmedien besser mit Tinte benetzt. So erreicht sie eine nochmals gesteigerte Bildqualität und auch Farbstabilität, sodass Druckdienstleister auf einer größeren Vielfalt von Medien produktiver sind.

Der CMYKOG-Tintensatz deckt einen großen Farbraum ab und bietet eine hohe Genauigkeit bei der Reproduktion von Farben und Sättigung. Die weiße Tinte vergrößert die Flexibilität hinsichtlich der Auswahl von Druckmedien. Neue automatische Wartungsfunktionen reduzieren die Ausfallzeiten und erhöhen die Produktivität und die Zuverlässigkeit der Epson SurePress weiter.

(c) Freudenberg Performance Materials
17.02.2023

Freudenberg: Packaging textile for automotive and industrial parts

Freudenberg Performance Materials (Freudenberg) is widening its product range of technical packaging textiles. Evolon® ESD protects automotive and industrial parts with electronic components from electrostatic discharge. This includes trim lines, dashboards, mirrors, steering wheels, etc.

The ESD (ElectroStatic Discharge) feature of the new Evolon® technical packing textile provides permanent electrostatic discharging protection and the fabric’s surface resistivity can be customized. This eliminates ESD damage to electronic components during transport because electrostatic charging due to movement and friction is safely prevented. As this kind of damage cannot be detected with the naked eye, Evolon® ESD helps to avoid failures which can occur after the final product is assembled and released. Manufacturers benefit from fewer complaints and warranty costs, as well as better end customer satisfaction.

Freudenberg Performance Materials (Freudenberg) is widening its product range of technical packaging textiles. Evolon® ESD protects automotive and industrial parts with electronic components from electrostatic discharge. This includes trim lines, dashboards, mirrors, steering wheels, etc.

The ESD (ElectroStatic Discharge) feature of the new Evolon® technical packing textile provides permanent electrostatic discharging protection and the fabric’s surface resistivity can be customized. This eliminates ESD damage to electronic components during transport because electrostatic charging due to movement and friction is safely prevented. As this kind of damage cannot be detected with the naked eye, Evolon® ESD helps to avoid failures which can occur after the final product is assembled and released. Manufacturers benefit from fewer complaints and warranty costs, as well as better end customer satisfaction.

Further protection feature
Unlike conventional ESD packaging solutions, Evolon® ESD also protects parts surfaces by avoiding micro-scratches or lint contamination. By using Evolon® reusable packaging to transport parts with highly-sensitive surfaces, customers reduce the number of damaged parts and the reject rate.

Additional benefits
Evolon® microfilament textiles are also extremely strong and are available in different weights to meet a wide range of requirements – from lightweight to heavy-duty. They can be used to pack and transport very heavy parts without damage. In addition, Evolon® fabrics are durable, and contain up to 85% recycled PET.

Source:

Freudenberg Performance Materials

09.01.2023

Autoneum takes over automotive business of Borgers Group

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

January, 6 Autoneum signed an agreement to acquire the automotive business of Borgers. The transaction is expected to close in April 2023 following antitrust clearance. The enterprise value paid amounts to EUR 117 million.

Borgers specializes in textile acoustics protection, insulation and trim for automobiles. The product and customer range of Borgers is to a great extent complementary to the product and customer portfolio of Autoneum. Borgers’ wheel arch liner and trunk liner product lines as well as their truck business optimally complement the product range of Autoneum. Especially in the field of textile wheel arch liners, Borgers is the market leader in Europe. In addition, Borgers’ product range is distinguished by sustainable and fully recyclable products. In fiscal year 2021, the Borgers Automo-tive Group generated revenue of EUR 610 million with around 4 700 employees. Thanks to Autoneum’s global presence, the Borgers product portfolio adds to the sales potential for profitable growth in the medium term outside Europe.

Autoneum is acquiring Borgers from insolvency and has agreed new pricing and delivery terms with its customers. These will ensure sustained profitability and the further development of product and process technologies in both the short and long term.

The transaction will initially be financed through a new credit facility which is available in addition to the syndicated loan of CHF 350 million renewed in October 2022. A capital increase in the amount of approximately CHF 100 million is planned for the long-term refinancing of the acquisition. Autoneum’s two largest shareholders, Artemis Beteiligungen I AG and PCS Holding AG, have agreed to participate in the capital increase in proportion to their current shareholdings. Even taking into account the aforementioned capital increase, the transaction will generate a positive earn-ings per share contribution from the outset.

Source:

Autoneum Management AG

03.11.2022

SGL Carbon: Positive business development in all business units

  • Positive business development in all four business units
  • Sales increases by 14.8% to €853.9 million
  • Adjusted EBITDA improves by 25.4% to €136.1 million
  • Successful refinancing of the 2018 convertible bonds

After €270.9 million in Q1 2022 and €278.9 million in Q2, SGL Carbon increased its consolidated sales to €304.1 million in Q3 2022. After nine months, this corresponds to a significant sales growth of 14.8% to a total of €853.9 million (9M 2021: €743.5 million). The positive business development is also reflected in the company's adjusted EBITDA, which improved by 25.4% year-on-year to €136.1 million (9M 2021: €108.5 million). All four business units contributed to the operating success.

Outlook
Due to the positive business development, the management increased the forecast for the full year on 6 September 2022. For the financial year 2022, Group sales of approx. €1.2 billion (previously: approx. €1.1 billion) and adjusted EBITDA of €170 to 190 million (previously: €130 to 150 million) are expected.

  • Positive business development in all four business units
  • Sales increases by 14.8% to €853.9 million
  • Adjusted EBITDA improves by 25.4% to €136.1 million
  • Successful refinancing of the 2018 convertible bonds

After €270.9 million in Q1 2022 and €278.9 million in Q2, SGL Carbon increased its consolidated sales to €304.1 million in Q3 2022. After nine months, this corresponds to a significant sales growth of 14.8% to a total of €853.9 million (9M 2021: €743.5 million). The positive business development is also reflected in the company's adjusted EBITDA, which improved by 25.4% year-on-year to €136.1 million (9M 2021: €108.5 million). All four business units contributed to the operating success.

Outlook
Due to the positive business development, the management increased the forecast for the full year on 6 September 2022. For the financial year 2022, Group sales of approx. €1.2 billion (previously: approx. €1.1 billion) and adjusted EBITDA of €170 to 190 million (previously: €130 to 150 million) are expected.

Consequently, an adjusted EBIT of €110 to 130 million (previously: €70 to 90 million) is forecasted. The expectations for return on capital employed (ROCE) of originally 7% to 9% are raised to 10% to 12% in line with the development of earnings. The estimate for free cash flow (significantly below the previous year's level of €111.5 million) remains unchanged.

Source:

SGL CARBON SE

Photo: Indorama Ventures Limited
12.10.2022

Indorama Ventures: New plant for nylon yarn

  • Collaboration between Indorama Ventures and Toyobo to meet growing global demand for airbags
  • Newly completed plant in Thailand will supply high-performance nylon yarn to customers in the automotive safety sector

Indorama Ventures Public Company Limited (IVL) celebrated the completion of a plant to manufacture high-performance nylon yarn for automobile airbags. The new plant in Rayong, Thailand, was constructed by Toyobo Indorama Advanced Fibers Co., Ltd. (TIAF), a joint venture that Indorama Ventures established with Toyobo Co., Ltd in November 2020.

The plant, which has been built on the site of Indorama Polyester Industries PCL (IPI) in Rayong Province, will deliver 11,000 tons of high-performance yarn per year to meet global demand for airbags that is expected to grow by 3 percent to 4 percent annually as automakers equip vehicles with more airbags and emerging economies require cars to adopt more safety features. Test production is scheduled to start in October 2022 with the goal of starting commercial production in the middle of 2023.

  • Collaboration between Indorama Ventures and Toyobo to meet growing global demand for airbags
  • Newly completed plant in Thailand will supply high-performance nylon yarn to customers in the automotive safety sector

Indorama Ventures Public Company Limited (IVL) celebrated the completion of a plant to manufacture high-performance nylon yarn for automobile airbags. The new plant in Rayong, Thailand, was constructed by Toyobo Indorama Advanced Fibers Co., Ltd. (TIAF), a joint venture that Indorama Ventures established with Toyobo Co., Ltd in November 2020.

The plant, which has been built on the site of Indorama Polyester Industries PCL (IPI) in Rayong Province, will deliver 11,000 tons of high-performance yarn per year to meet global demand for airbags that is expected to grow by 3 percent to 4 percent annually as automakers equip vehicles with more airbags and emerging economies require cars to adopt more safety features. Test production is scheduled to start in October 2022 with the goal of starting commercial production in the middle of 2023.

In 2014, Indorama Ventures and Toyobo jointly acquired Germany’s PHP Fibers GmbH, a leading airbag yarn maker. Since then, both companies have strengthened their relationship with a focus to expand in the automotive safety sector. Mr Christopher Kenneally, based in Bangkok, leads IVL’s Fibers segment, which produces fibers and yarns across its Hygiene, Mobility and Lifestyle verticals. Mr Ashok Arora, with over 30 years of experience in fibers and polymer operations, will helm TIAF as CEO while maintaining his role as CTO with IVL Fibers.

Source:

Indorama Ventures Limited

(c) BRÜCKNER
The project team of BRÜCKNER and HEATHCOAT in BRÜCKNER’s Technology Centre in Leonberg
04.10.2022

BRÜCKNER: New finishing line for British company HEATHCOAT FABRICS

HEATHCOAT FABRICS partnered again with BRÜCKNER Textile Technologies and their sales partner ADVANCED DYEING SOLUTIONS to install a finishing line for industrial textiles. HEATHCOAT FABRICS specializes in the production of technical textiles in the fields of texturising, weaving and warp knitting as well as dyeing and finishing. The prroducts are manufactured for use in the automotive, healthcare, defence, and aerospace industries

Mrs. Regina Brückner, CEO and owner of the BRÜCKNER Group stated: "To meet the complex re-quirements of HEATHCOAT is not easy because of the great variety of technical textiles produced. Our line has to finish light as well as heavy articles, so the design, control and the whole line layout have to be flexible, functional and still easy to operate. Fortunately, the team at HEATHCOAT FABRICS is very innovative and open-minded, and together we worked hard to develop the right technology and han-dling. We are very happy that we could convince this customer, whom we appreciate very much, with the productivity of our line and of course with our technological know-how."

HEATHCOAT FABRICS partnered again with BRÜCKNER Textile Technologies and their sales partner ADVANCED DYEING SOLUTIONS to install a finishing line for industrial textiles. HEATHCOAT FABRICS specializes in the production of technical textiles in the fields of texturising, weaving and warp knitting as well as dyeing and finishing. The prroducts are manufactured for use in the automotive, healthcare, defence, and aerospace industries

Mrs. Regina Brückner, CEO and owner of the BRÜCKNER Group stated: "To meet the complex re-quirements of HEATHCOAT is not easy because of the great variety of technical textiles produced. Our line has to finish light as well as heavy articles, so the design, control and the whole line layout have to be flexible, functional and still easy to operate. Fortunately, the team at HEATHCOAT FABRICS is very innovative and open-minded, and together we worked hard to develop the right technology and han-dling. We are very happy that we could convince this customer, whom we appreciate very much, with the productivity of our line and of course with our technological know-how."

The direct gas heated BRÜCKNER POWER-FRAME stenter with its staggered heating source arrangement every half zone provides best available temperature consistency across the length and the width of the stenter. The unit is equipped with a low-lub, horizontally returning combined pin / clip chain and several fabric paths, especially designed for the different fabrics being processed. Together with HEATHCOAT FABRICS technologists, the BRÜCKNER design team developed a special delivery end of the stenter with different edge trimming and slitting possibilities. Depending on the kind of products, the fabrics can be batched on large diameter A-frames, wound on cardboard tubes or plaited into trolleys.

Source:

Brückner Trockentechnik GmbH & Co. KG

Bild: Fraunhofer IAO
29.09.2022

Projekt CYCLOMETRIC: Rezyklierfähige Bauteile für das Automobil der Zukunft

Bauteile im Automobil müssen nicht mehr nur technologisch höchsten Ansprüchen genügen, sondern auch nachhaltig und rezyklierbar sein. Zukünftig müssen Ingenieurinnen und Ingenieure bei der Entwicklung nicht nur das fertige Produkt, sondern auch das Ende dessen Lebenszyklus im Blick haben. Künstliche Intelligenz soll helfen, in solchen Zyklen zu denken. dabei helfen. Die Deutschen Institute für Textil- und Faserforschung Denkendorf (DITF) sind einer der Projektpartner im Forschungsprojekt CYCLOMETRIC, das durch das Bundesministerium für Bildung und Forschung (BMBF) gefördert und vom Projektträger Karlsruhe (PTKA) betreut wird. Entwickelt wird ein Tool, das schon während der Produktplanung Verbesserungsvorschläge macht.

Bauteile im Automobil müssen nicht mehr nur technologisch höchsten Ansprüchen genügen, sondern auch nachhaltig und rezyklierbar sein. Zukünftig müssen Ingenieurinnen und Ingenieure bei der Entwicklung nicht nur das fertige Produkt, sondern auch das Ende dessen Lebenszyklus im Blick haben. Künstliche Intelligenz soll helfen, in solchen Zyklen zu denken. dabei helfen. Die Deutschen Institute für Textil- und Faserforschung Denkendorf (DITF) sind einer der Projektpartner im Forschungsprojekt CYCLOMETRIC, das durch das Bundesministerium für Bildung und Forschung (BMBF) gefördert und vom Projektträger Karlsruhe (PTKA) betreut wird. Entwickelt wird ein Tool, das schon während der Produktplanung Verbesserungsvorschläge macht.

Recycling von Hochleistungsmaterialien scheitert häufig daran, dass sich die Werkstoffe nicht in ihre ursprünglichen Bestandteile trennen lassen. CYCLOMETRIC soll dafür sorgen, dass dieses Problem nicht erst am Ende des Lebenszyklus eines Produkts gelöst werden muss. Mit den derzeitigen Methoden und Werkzeugen werden Auswirkungen auf die Umwelt oft erst gegen Ende der Entwicklung oder sogar erst nach Produktionsbeginn untersucht – obwohl die relevantesten Entscheidungen über Produkteigenschaften deutlich früher getroffen werden. Das neue System hilft, während der Entwicklung die richtigen Entscheidungen zu treffen. Dazu werden Daten, Informationen, Wissen über alle Entwicklungsphasen und Schnittstellen hinweg analysiert und bewertet. Dabei kommen Forschungsansätze des Advanced Systems Engineerings und Model-based Systems Engineerings in Verbindung mit Methoden der Ökobilanzierung sowie die Geschäftsmodellanalyse zum Einsatz.

Produktentwicklung muss täglich komplexe Parameter wie Produzierbarkeit, Rezyklierfähigkeit, Wiederverwendbarkeit, CO2-Emissionen und Kosten im Blick behalten. Nicht zuletzt müssen die Erwartungen und Gewohnheiten der Kundinnen und Kunden mitgedacht werden. Das Tool berechnet die Auswirkungen bei der Auswahl des Materials ebenso wie bei der Planung von Produktionsschritten und macht Verbesserungsvorschläge.

Als Anwendungsbeispiel für das digitale Werkzeug dient im Projekt CYCOMETRIC eine Mittelkonsolenverkleidung. Sie besteht aus nachhaltigen Textilmaterialien und verfügt über in das Textil integrierte smarte Funktionen. Das fertige Tool ist dennoch nicht auf die Automobilbranche beschränkt. Es kann in allen Industriefeldern eingesetzt werden.

Aufgabe der DITF ist die Auswahl und Prüfung geeigneter Materialien. Das Team erarbeitet die passenden Fertigungs- und Verarbeitungsprozesse und erstellt einen Prototyp. An den Prüflaboren werden Testläufe zu Funktions-, Alltags-, Langzeit- und Extremtauglichkeit der textilen Strukturen und Faserverbundwerkstoffen durchgeführt, die bei der späteren Anwendung reproduzierbar sind. Für die smarten Funktionen der Konsole werden Konzepte für Sensoren und Aktoren entwickelt.

Die DITF bringen als Partner im Forschungscampus ARENA2036 umfangreiche Erfahrungen im Leichtbau durch Funktionsintegration bei Automobilen mit. Nach Abschluss des Projekts werden die Denkendorfer Forscherinnen und Forscher Unternehmen beraten, wie Textilien verstärkt im Fahrzeuginterieur eingesetzt werden können.

Source:

Deutsche Institute für Textil- und Faserforschung Denkendorf (DITF)

(c) Fraunhofer IAP
Faserverstärktes Monomaterialkomposit aus PLA
28.07.2022

Fraunhofer CCPE: Technische Produktinnovationen für eine zirkuläre Kunststoffwirtschaft

Ziel des Fraunhofer Cluster of Excellence Circular Plastics Economy CCPE ist es, die Wertschöpfungskette Kunststoff zirkulär zu gestalten. Sechs Fraunhofer-Institute erforschen am Beispiel Kunststoff, wie der Wandel von einer linearen zur einer zirkulären Kunststoffwirtschaft gelingen kann. Auf der ACHEMA in Frankfurt, der internationalen Messe für die Prozessindustrie, stellt das Fraunhofer CCPE vom 22. bis zum 26. August zwei technische Produktinnovationen und ein Bewertungstool für Unternehmen der Circular Economy vor.

Seit 2018 erforschen die sechs Fraunhofer-Institute — IAP, ICT, IML, LBF, IVV und UMSICHT – wie eine nachhaltige Transformation einer gesamten Wertschöpfungskette unter Prinzipien der Circular Economy erfolgen kann. Durch einen Multi-Stakeholder-Ansatz können FuE-Kompetenzen gebündelt werden, um Produkte zirkulär zu gestalten, passende Geschäftsmodelle zu entwickeln und End-of-Life Verluste bei Kunststoffabfällen zu reduzieren. Auf der ACHEMA werden die folgenden Projekte ausgestellt:

Ziel des Fraunhofer Cluster of Excellence Circular Plastics Economy CCPE ist es, die Wertschöpfungskette Kunststoff zirkulär zu gestalten. Sechs Fraunhofer-Institute erforschen am Beispiel Kunststoff, wie der Wandel von einer linearen zur einer zirkulären Kunststoffwirtschaft gelingen kann. Auf der ACHEMA in Frankfurt, der internationalen Messe für die Prozessindustrie, stellt das Fraunhofer CCPE vom 22. bis zum 26. August zwei technische Produktinnovationen und ein Bewertungstool für Unternehmen der Circular Economy vor.

Seit 2018 erforschen die sechs Fraunhofer-Institute — IAP, ICT, IML, LBF, IVV und UMSICHT – wie eine nachhaltige Transformation einer gesamten Wertschöpfungskette unter Prinzipien der Circular Economy erfolgen kann. Durch einen Multi-Stakeholder-Ansatz können FuE-Kompetenzen gebündelt werden, um Produkte zirkulär zu gestalten, passende Geschäftsmodelle zu entwickeln und End-of-Life Verluste bei Kunststoffabfällen zu reduzieren. Auf der ACHEMA werden die folgenden Projekte ausgestellt:

  • Faserverstärktes Monomaterialkomposit aus PLA
    Biobasierte Kunststoffe werden zunehmend für technisch anspruchsvolle Einsatzbereiche z.B. in der Automobil- und Textilindustrie nachgefragt. Zwei zentrale Anforderungen sind dabei ihre Stabilität und ihre Recyclingfähigkeit. Forschende der Fraunhofer-Institute IAP und ICT entwickelten innovative PLA-basierte Monomaterial-Komposite (Organobleche), die technische Applikationen adressieren und insbesondere mit Hinblick auf die Rezyklisierbarkeit einen Beitrag zur Umsetzung der Sustainable Development Goals der UN leisten können.
  • Optisch und mechanisch verbesserte Folienrezyklate
    Bei der Herstellung von Folien zählt neben den mechanischen Eigenschaften besonders der visuelle Eindruck. Es dürfen keine Fehlstellen in Form von Stippen, Fischaugen oder Abrissen auftreten, die insbesondere bei Verwendung von Rezyklaten zu Problemen führen können. Die direkte Verwendung eines Folienregranulats führt jedoch häufig zu vielen Abrissen während der Folienherstellung, die zudem fatale Auswirkungen auf die mechanischen Materialeigenschaften haben. Durch die Zugabe einer geeigneten Additivformulierung konnte die Folienqualität nun signifikant verbessert werden.

Ist ein Produkt reif für die Circular Economy?
Weiterhin präsentieren die Forschenden nun auf der ACHEMA das webbasierte Tool CRL®, mit dem Unternehmen den Reifegrad von Produkten oder Produktsystemen im Hinblick auf die Circular Economy selbst bewerten können. Es prüft, inwieweit ein Produkt die Strategien der Kreislaufwirtschaft in den Bereichen Produktdesign, Produktdienstleistungssystem, End-of-Life-Management und Kreislaufwirtschaft bereits berücksichtigt und wo noch Verbesserungspotenzial besteht.

Source:

Fraunhofer-Institut für Umwelt-, Sicherheits- und Energietechnik UMSICHT

27.07.2022

Autoneum: Half Year Results 2022

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Lower volumes due to geopolitical developments and the sharp rise in inflation impacted the result in the first half of 2022. In a slightly declining market, Autoneum increased revenue in local currencies by 0.5%. At CHF 888.7 million, revenue in Swiss francs reached the previous year's level. Despite the challenging environment, Autoneum achieved a positive operating result of CHF 6.4 million (EBIT margin: 0.7%). The net result decreased to CHF –12.8 million. On the other hand, Autoneum was able to generate a solid free cash flow of CHF 45.2 million. A high demand for sustainable products for electric vehicles confirms that Autoneum is well positioned for this growing market of the future.

Current geopolitical developments substantially affected business performance in the first half of 2022. They are accompanied by accelerating inflation and significant price increases in the commodities markets, which the war in Ukraine has further exacerbated. These developments are also delaying market recovery in the automotive industry. Autoneum does everything it can to minimize the impact on the Group. Despite the present challenges, we will continue to implement our strategy, focusing on innovative and sustainable technologies for growing markets of the future.

  • Revenue development influenced by the war in Ukraine and supply chain bottlenecks*
  • Low production volumes and high inflation impact profitability*
  • Solid free cash flow enables further reduction in net debt*
  • Business Groups*
  • Well positioned for e-mobility and sustainability*
  • Expanding the product portfolio for electric vehicles*
  • Autoneum joins the Science Based Targets initiative*

Outlook
According to global market forecasts1, automobile production will pick up again in the second half of the year with growth of 8.8% compared with the first half-year 2022. For full-year 2022, global automobile production is projected to reach 80.8 million vehicles, which is equivalent to a 4.7% increase on 2021. Based on the market forecasts, Autoneum expects to improve the operating result for the second half of the year. This will be supported by ongoing customer negotiations with a view to fair sharing of costs, the accompanying contribution of vehicle manufacturers to shouldering the sharp increases in material, energy and transport costs and the foreseeable normalization of production after the easing of lockdown measures in China. On this basis, Autoneum expects substantially enhanced results for full-year 2022, as well as an improvement in the EBIT margin to 2.0% to 3.0%. Free cash flow is expected to be in the mid to high double-digit million range for the full year 2022.

*For more information see attached document

1Source: IHS “Light Vehicle Production Forecasts” – July 15, 2022

More information:
Autoneum supply chain acoustic
Source:

Autoneum Management AG

Photo: ACIMIT
13.07.2022

Italian textile machinery sector returning to pre-Covid levels

  • Annual assembly of ACIMIT, the Association of Italian Textile Machinery Manufacturers

  • Digitalization and Sustainability Key to Resiliency for Italian Textile Machinery Sector

The objective critical issues faced by Italy as a whole throughout the course of 2021, primarily dictated by a pandemic that upset any and all pre-existing equilibriums, have not slowed or halted the Italian textile machinery sector.

Indeed, data presented during the annual assembly of ACIMIT, the Association of Italian Textile Machinery Manufacturers, held on 1 July proved decidedly positive, showing that in 2021 the sector recovered significantly compared to 2020, to the point of returning to pre-Covid levels.

Specifically, Italian textile machinery production amounted to 2.388 billion euros (+35% over 2020 and + 5% over 2019), with total exports amounting to 2.031 billion euros (+37% over 2020 and +9% over 2019).

  • Annual assembly of ACIMIT, the Association of Italian Textile Machinery Manufacturers

  • Digitalization and Sustainability Key to Resiliency for Italian Textile Machinery Sector

The objective critical issues faced by Italy as a whole throughout the course of 2021, primarily dictated by a pandemic that upset any and all pre-existing equilibriums, have not slowed or halted the Italian textile machinery sector.

Indeed, data presented during the annual assembly of ACIMIT, the Association of Italian Textile Machinery Manufacturers, held on 1 July proved decidedly positive, showing that in 2021 the sector recovered significantly compared to 2020, to the point of returning to pre-Covid levels.

Specifically, Italian textile machinery production amounted to 2.388 billion euros (+35% over 2020 and + 5% over 2019), with total exports amounting to 2.031 billion euros (+37% over 2020 and +9% over 2019).

However, these results do not cancel the obstacles that companies are still facing. Looking to the near future, expectations are for a rather uncertain outlook, as underscored by ACIMIT President Alessandro Zucchi: “2022 remains a year replete with unknown factors, starting with the Russian-Ukrainian conflict, along with the persistence of the pandemic, which seriously risk delaying expected growth consolidation for businesses in the sector. Difficulties in finding raw materials and components negatively affect the completion and fulfilment of orders processed as far back as 2021. To boot, rising energy costs and inflationary trends affecting numerous commodities are depressing overall business confidence. So the outlook for the sector is not so good.”
As such, the two cornerstones through which ACIMIT aims to support the Italian textile machinery sector are digitilization and sustainability.

4.0: The textile machinery sector looks to the future
The road to digital transformation has already led numerous manufacturers to completely rethink their production processes, rendering them more efficient and l ess expensive. The digital world is moving ahead at a decisive rate in the textile machinery sector, where the buzzwords are increasingly, for instance, the Internet of Things connecting to a company’s ecosystem, machine learning algorithms applied to production, predictive maintenance, and the integrated cloud management of various production departments. It is no coincidence that ACIMIT has focused decisively on its Digital Ready project, through which Italian textile machinery that adopt a common set of data are certified, with the aim of facilitating integration with the operating systems of client companies (ERP, MES, CRM, etc.).

A green soul
Combining production efficiency and respect for the environment: a challenge ACIMIT has made its own and which it promotes among its members through the Sustainable Technologies project. Launched by the association as early as 2011, the project highlights the commitment of Italian textile machinery manufacturers in the area of sustainability. At the heart of the project is the Green Label, a form of certification specifically for Italian textile machinery which highlights its energy and environmental performance. An all-Italian seal of approval developed in collaboration with RINA, an international certification body.
The assembly held on 1 July provided an opportunity to take stock of the Sustainable Technologies project, more specifically, with the presentation of the Rina Consulting survey on the Green Label’s evolution and impact in recent years.

The results have confirmed the initiative’s extreme validity. The technological advances implemented by the association’s machinery producers participating in the project have effectively translated into benefits in terms of environmental impact (reduction of CO2 equivalent emissions for machinery), as well as economic advantages for machinery users.

With reference to the year 2021, a total of 204,598 tons of CO2 emissions avoided on an annual basis have been quantified, thanks to the implementation of improvements on machinery. This is a truly significant reduction which, for the sake of comparison, corresponds to the carbon dioxide emissions generated by 36,864 automobiles travelling an average of 35,000 km a year. In terms of energy savings, the use of green labeled textile machinery has provided excellent performances in allowing for a reduction of up to 84% in consumption.

A round table discussion on the Green Label’s primary purpose
The environmental and economic impact generated in production processes for Italian textile machinery through the use of Green Label technologies was the focus of the round table which concluded the ACIMIT assembly.

Moderated by Aurora Magni (professor of the Industrial Systems Sustainability course at the LIUC School of Engineering), the debate involved Gianluca Brenna (Lipomo Printing House administrator and Vice President of the Italian Fashion System for Welfare), Pietro Pin (Benetton Group consultant and President of UNI for the textile-clothing area), Giorgio Ravasio (Italy Country Manager for Vivienne Westwood), as well as ACIMIT President Alessandro Zucchi.

Called on to compare common factors in their experiences relating to environmental transition processes for their respective companies, the participants were unanimous: the future of Italian textile machinery can no longer ignore advanced technology developments capable of offering sustainable solutions with a low environmental impact while also reducing production costs. This philosophy has by now been consolidated, and has proven to lead directly to a circular economy outlook.

The upcoming ITMA 2023 exhibition
Lastly, a word on ITMA 2023, the most important international exhibition for textile machinery, to be held in Italy from 8 to 14 June 2023 at Fiera-Milano Rho. Marking the 19th edition of ITMA, this trade fair is an essential event for the entire industry worldwide, providing a global showcase for numerous innovative operational solutions on display. A marketplace that offers participants extraordinary business opportunities. The participation of Italian companies is managed by ACIMIT.

Graphic DNFI
19.06.2022

DNFI Innovation in Natural Fibres Award Ceremony During Heimtextil

Natural fibers are among the most important raw materials in the textile and fashion industry worldwide. For centuries, they have fed millions of people through their cultivation or breeding, and it is impossible to imagine daily life without them. Especially at the moment, natural fibers are gaining special importance due to the intense discussions about sustainable living. Even though natural fibers have accompanied mankind for a long time, they are changeable, technical, and adaptable to the challenges of the textile industry.

The Discover Natural Fibres Initiative (DNFI) is celebrating natural fibres in a program to be conducted during Heimtextil in Frankfurt on 23 June. Anyone with an interest in the role of natural fibres in the world economy, economic indicators of textile activity, innovations in natural fibre research, and updates on proposed EU legislation affecting textiles is welcome to attend.

The program will include various presentations by the previous and current award winners, presentations, and discussions:

Overview of world natural fibre production, employment, and value,

Natural fibers are among the most important raw materials in the textile and fashion industry worldwide. For centuries, they have fed millions of people through their cultivation or breeding, and it is impossible to imagine daily life without them. Especially at the moment, natural fibers are gaining special importance due to the intense discussions about sustainable living. Even though natural fibers have accompanied mankind for a long time, they are changeable, technical, and adaptable to the challenges of the textile industry.

The Discover Natural Fibres Initiative (DNFI) is celebrating natural fibres in a program to be conducted during Heimtextil in Frankfurt on 23 June. Anyone with an interest in the role of natural fibres in the world economy, economic indicators of textile activity, innovations in natural fibre research, and updates on proposed EU legislation affecting textiles is welcome to attend.

The program will include various presentations by the previous and current award winners, presentations, and discussions:

Overview of world natural fibre production, employment, and value,

  • Economic indicators and impacts of coronavirus on textile industries,
  • Updates on innovative uses of natural fibres:
  • Use of wool in automobile insulation applications for enhanced sustainability,
  • Using cellulose from cotton to produce a biodegradable plastic substitute,
  • Manufacturing waterproof fabric from a blend of cotton and jute as sustainable
  • Substitute for polypropylene tarps
  • Proposed EU textile legislation and potential impacts on natural fibres
More information:
DNFI DNFI award Heimtextil
Source:

DNFI