From the Sector

Business of the automobile industry and its suppliers was impacted in 2021 by the worldwide shortage of semiconductors and the correspondingly restrained development of production volumes, which was about the same as the previous year. Autoneum’s revenue in local currencies declined slightly by 1.6% compared with the previous year. In Swiss francs, Group revenue decreased by 2.3% to CHF 1 700.4 million year-on-year. For 2021 as a whole, an EBIT margin of a little more than 3% and a free cash flow of around CHF 70 million are expected.

Owing to the global shortage of semiconductors, automobile production for 2021 as a whole increased by 2.5% to 76.4 million vehicles and was thus only slightly higher than the previous year’s level. Autoneum’s revenue in local currencies declined by 1.6% year-on-year. Although revenue developed better than the market in three of four regions, the Company lagged slightly behind the global market trend. On the one hand, this was due to the fact that some vehicle models of US manufacturers predominantly supplied by Autoneum were disproportionately affected by the shortage of semiconductors, and, on the other hand, due to the lower share of Business Group Asia in Autoneum’s total revenue. The consolidated revenue in Swiss francs fell by 2.3% to CHF 1 700.4 million compared to the previous year (2020: CHF 1 740.6 million).

Revenue development in the Europe, Asia and SAMEA regions well above market
Business Group Europe recorded a decline in revenue of 1.6% in local currencies and was thus well above the market trend, which saw production fall by 4.4%. By contrast, revenue for Business Group North America in local currencies dropped by 7.2% and was thus well below the market, which saw a small increase of 0.1%. The vehicle models of US customers predominantly supplied by Autoneum were disproportionately affected by the semiconductor shortage. Consequently, Autoneum lagged behind the market trend in this region. Asia was the market least impacted by the semiconductor shortage in financial year 2021. Accordingly, in 2021 Asian automobile production saw good growth of 5.1%. Business Group Asia once again exceeded the overall Asian market, with revenue growth of 6.7% in local currencies. Business Group SAMEA (South America, the Middle East and Africa) significantly exceeded the market trend in financial year 2021.

Although 8.6% more vehicles were produced in the region compared to the prior year, Business Group SAMEA’s revenue rose by an impressive 24.8% on an inflation- and currency-adjusted basis. This growth was largely supported by high-volume programs in Turkey and South Africa.

Thanks to better than expected revenue at the end of 2021, Autoneum is in the upper range of its guidance, which was adjusted in October. Based on provisional figures, Autoneum expects an EBIT margin of slightly more than 3% and a free cash flow of around CHF 70 million for 2021.

• Italian creativity merges with Chinese technological innovation to create a new capsule collection
   

A new era is born in the world of denim, Paolo Gnutti and Advance Denim will combine their skills to create capsule collections for both the US and Asian markets.

These collections will combine Paolo Gnutti’s artistry and Advance denim’s technological innovation to create “magical” inspiration that is with the reach of all brands.

Advance Denim has the distinction of being the oldest denim manufacturer in China and has dedicated its efforts since day one around the core beliefs of innovation , service , quality and people. These core beliefs are the foundation of their day to day focus of becoming a world leader in denim. They are also  committed to making the most sustainable denim possible and they are constantly investing in the infrastructure and systems that will help them to reach aggressive sustainability goals . Sustainability is important but Advance Denim has always been true to denim and strive to produce innovative high-quality products that exceed the needs of the market

“We are looking forward to Paolo bringing his Italian artistic aesthetics to our denim.” Said Ms. Amy Wang, General Manager of ADVANCE DENIM. “ We believe it is the combination of eastern and western design and culture that have never been offered to our customers before and will take Advance Denim to a whole new level. It is our goal to also offer these high quality designs at a competitive price from our Vietnam facility.” conclude Ms. Wang.

Paolo Gnutti, a life time dedicated to denim innovation and creativity, bases the creation of his collections following  precise themes and  stylistic contaminations. He uses indigo bases which are completely transformed thanks to the use of flocks, 3D prints, colored foils and metallic effects.

Paolo Gnutti has the ability to conceive ground breaking fashion, thanks to his incredible creativity and visionary irreverent combination that ushers in a new concept of  fashionability to the denim world.

“ My passion and my professional exploration lead me to acquire the skill needed to develop unforgettable and unique textile concepts” said Paolo Gnutti “ I’m trilled to begin this collaboration with Advance Denim. I feel that we need a new challenge in our denim world, a new era of true globalization; we will create a capsule collection that will reach all customers, from premium to the mass market.”

A new era begins, based on the evolution of the  market and the search for innovation and inspiration that is both technically performance driven and accessible to all brands.

On-demand production a focal point of Industry 4.0 demonstrations at CISMA, Asia’s major garment and textile technology exhibition
Lectra unveiled its flagship Industry 4.0 solutions for Asia—Fashion On Demand by Lectra and Furniture On Demand by Lectra—as well as the new VectorAutomotive iP9 fabric-cutting solution for automotive seating and interiors this week, at the 2019 edition of the China International Sewing Machinery and Accessories (CISMA) exhibition in Shanghai.

Under the banner “Lectra 4.0: Digitalizing and Connecting Your Value Chain”, Lectra asserted its leadership as the trusted advisor to fashion, furniture and automotive companies undertaking digital transformation. Smart, connected supply chains are at the core of the fourth industrial revolution. In all industries using textiles, the intelligent factory requires a high degree of flexibility, maximum efficiency and optimal planning processes for a variety of production types, from mass production to on-demand production. These requirements are paramount to the future success of companies competing for business on Asian markets.

• Fibres for automotive composites, technical textiles, hygiene and medical nonwovens
• UltraLink fibres offer sustainable system cost reduction solutions to the automotive industry
• Meralux offers improved liquid management for a dry feeling
• Stand 2034, ANEX 2018, 6-8 June, Tokyo Big Sight, Japan

Beaulieu Fibres International, the leading European polyolefin fibre supplier, marks its Asia Nonwovens Exhibition and Conference (ANEX) debut with unique products and capabilities to support innovation at a local level within the automotive and hygiene segments.

At Stand 2034, Beaulieu Fibres International demonstrates its commitment to the global market growth for automotive composites and technical textiles, as interest increases in adopting lightweight materials to reduce vehicle weight and fuel efficiency.

The company will present UltraLink bonding fibres that improve the mechanical, thermal and functional properties of the final part, allowing customers to meet OEM specific standards in a more sustainable way. They are available in both MONO and BICO technology – a first for the composites industry.

Jefrem Jennard, Global Sales Director – Industrial Fibres, comments: “Beaulieu Fibres International developed UltraLink fibres over the past two years to provide an answer to the automotive industry’s continuous strive for lower weight, lower emission, lower cost and better properties. They are being introduced in new global automotive programmes with SOP 2019-2021. We are delighted to introduce them to the Asian market at ANEX.”

At ANEX 2018, Beaulieu Fibres International also presents its platform of unique Meralux fibres offering significant improvements to the dryness of nonwoven for hygiene and medical applications. The BICO fibre has a special cross section, which enables it to provide bulk, opacity and enhanced fluid management compared to standard round fibres to nonwoven constructions. As a result, a dry feeling is achieved for the final nonwoven.

Petra Bohle-Stricker, Global Sales Director – Hygiene Fibres, comments: “As Asia Pacific heads towards becoming the largest regional tissue and hygiene market by the end of 2025  , nonwovens producers can already take advantage of the benefits of Meralux to launch new and innovative products that will grab the attention of global and local manufacturers. Visitors to our ANEX booth can experience Meralux fibres first-hand in nonwoven samples.”

Since Meralux was first launched in April 2017, the portfolio has expanded to include Meralux T and Meralux Soft. Beaulieu Fibres International is currently expanding its production programme with polyester-core (PET) BICO. In addition a pilot line for new developments is under construction. Both are expected to come on stream in 2018.

The market for the production of carpet yarn is increasingly evolving towards more demanding processes. However, beyond commodity products, standard plants can no longer fully exploit their advantages. From 20th to 22nd March 2018, Oerlikon Neumag will be presenting an economical alternative in Shanghai in hall W3, booth F03 at the Domotex asia/Chinafloor, the leading floor covering trade fair in the Asia-Pacific region: the BCF plant Sytec One with single-end technology.

If the requirements for the production of BCF yarns increase, for example, from recycled polyester or fine filaments, then this can also lead to higher breakage rates. Highly standardised production plants must then often strike compromises with regard to throughput, quality or cost-efficiency. In such cases, the Sytec One offers a good solution instead of the mostly three-end technology plants for standard processes.

Single-end technology with 98% productivity

This BCF plant works with only one yarn (end) per position, making it ideal for demanding production processes. The reason: when a yarn break occurs only one yarn tears, all other yarns continue to run. This not only simplifies troubleshooting, it also reduces the re-threading time. In addition, less waste is produced. As a result, the productivity of the Sytec One is still over 98% for ten breakages a day, while a plant with three-end technology only reaches around 92%.

Faster processes due to a straight yarn path

In addition, the absolutely straight yarn path of the Sytec One enables significantly higher process speeds of up to 15% in spinning and texturing processes compared to multi-end technologies. Higher total titers of up to 6,000 dtex can also be produced without any problems. The gentle yarn guidance also ensures minimum friction on the individual filaments. This means less yarn breaks and a more stable process.

Optimised key component: spinning pack

Last but not least, the engineers at Oerlikon Neumag have developed a new design for the spinning pack. This central component of every BCF machine significantly influences the yarn quality. The corresponding solution for the Sytec One optimises the polymer flow in the spin pack, thus reducing the polymer dwell time. This leads to shorter product and colour change times and increases the plant efficiency. In addition, the spinning packs were widened so that yarns with up to 500 filaments can now be produced.

The product mix is decisive

In view of these advantages, the single-end Sytec One is recommended for processes with high breakage rates, fine filaments, frequent colour changes or in general when demanding processes take up an increasing share in the business. "The product mix is decisive for the choice of technology," sums up Alfred Czaplinski, Sales Manager BCF at Oerlikon Neumag. "We are happy to advise on the optimal solution and offer both single-end and three-end plant technologies." 

Good business at the Domotex Hanover, Germany

In the run-up to the trade fair, the Domotex Hanover in mid-January was already proving to be a promising harbinger. With four lively trade fair days and contract conclusions in the lower double-digit million euro range, mainly from the European and Asian markets, the order intake for Oerlikon Neumag was very good.