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30.11.2021

Koketa is including US-made Acteev® in leggings and undergarments

Koketa, a brand of premium womenswear based in Peru, has begun sampling leggings, undergarments and workout wear featuring Acteev® Protect fabric. Produced by U.S. manufacturer Ascend Performance Materials, Acteev incorporates the odor-fighting and mildew-destroying antimicrobial benefits of zinc ions embedded into the matrix of superior nylon yarns and fabrics.

“When it comes to what’s closest to your most vulnerable skin, being safe and sanitary is a top priority,” said Juan Daniel Del Carpio, commercial director for Koketa. “The Koketa woman wants beauty, comfort and protection, and a partnership with Acteev makes it easier than ever for us to deliver all three.”

Koketa garments with Acteev feature Koketa’s signature innovative styles, including unique knit patterns, on-trend colors and flattering silhouettes. The Acteev fabric is buttery-soft and breathable yet long-lasting and resistant to pilling.

Koketa, a brand of premium womenswear based in Peru, has begun sampling leggings, undergarments and workout wear featuring Acteev® Protect fabric. Produced by U.S. manufacturer Ascend Performance Materials, Acteev incorporates the odor-fighting and mildew-destroying antimicrobial benefits of zinc ions embedded into the matrix of superior nylon yarns and fabrics.

“When it comes to what’s closest to your most vulnerable skin, being safe and sanitary is a top priority,” said Juan Daniel Del Carpio, commercial director for Koketa. “The Koketa woman wants beauty, comfort and protection, and a partnership with Acteev makes it easier than ever for us to deliver all three.”

Koketa garments with Acteev feature Koketa’s signature innovative styles, including unique knit patterns, on-trend colors and flattering silhouettes. The Acteev fabric is buttery-soft and breathable yet long-lasting and resistant to pilling.

Additionally, clothing made with Acteev is resistant to unwanted odors, keeping garments as fresh after 100 washes as they are on day one. The active ingredient – labeled safe by the U.S. Food and Drug Administration – targets the bacteria and microbes that can cause odor, mildew and discoloration.

“Zinc is nature’s safeguard,” said Juan Toro, global principal business development leader for Acteev in the Americas. “It is a mineral needed for human health, and we have harnessed its power to protect the garments in a natural, sustainable way.”

Source:

Ascend Performance Materials / EMG

30.11.2021

India’s Maruti Printing with Baldwin’s LED-UV technology

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

Maruti Printing transformed its business as the first printer in India to adopt the latest LED-UV curing technology from AMS Spectral UV, a Baldwin Technology Company. The hybrid system, which includes traditional UV modules, has been in production for nearly two years and has significantly expanded the offset printer’s capabilities for its customers, including adding the ability to print on all types of plastic substrates.

Not only does Maruti have the distinction of being an LED-UV trailblazer in India, but it also is first in the market to upgrade a high-speed, high-performance Heidelberg Speed Master 72F+L six-color printer with coating tower—which prints up to 15,000 sheets per hour—with AMS Spectral UV’s high-power AMS XP9-I Series LED-UV and P3 Smart UV curing modules.

Established in 1986 and headquartered in Ahmedabad, Gujarat, Maruti serves customers throughout India, providing offset printing of scratch cards, banners, booklets, brochures, calendars, danglers, pamphlets, posters, stickers and envelopes.

In January 2020, Maruti took delivery of two AMS XP9-I Series LED-UV modules to cure colors in the interdecks. The modules are ideal for the highest-speed curing situations that require consistent peak intensity to the substrate, which is the case for Maruti’s offset printing standard of perfection with every cure.

To cure ink, as well as a growing variety of LED coatings, Baldwin’s AMS Spectral UV modules can be located after print units, or in the press delivery after the coater. When inks and coatings are cured with LED-UV, they become instantly dry via photopolymerization, allowing for printing on any substrate, including plastics and metallized stocks. Plus, work can be immediately finished and sent to the bindery once it comes off the press, without the need for heat, spray powder or drying time.

In addition, Maruti took delivery of two P3 Smart UV curing modules for installation at the end of the press to cure any type of UV coating and expand the company’s scope of coating compatibility to general UV coatings in order to offer its customers the widest range of UV printed choices in the Indian market.

The P3 Smart UV housings are completely liquid-cooled to ensure safe, consistent performance and increased uptime, and modules feature a universal design, so that any unit can fit any print unit location. P3 modules can be changed, inspected and cleaned quickly and easily, without tools, and lamps slide and lock into place smoothly and securely.

The durability of the equipment and its chipset was a critical deciding factor in India’s climate. The latest-generation power-and-control cabinets are dust- and moisture-resistant, allowing them to withstand extreme heat and humidity, as well as powder and airborne contaminants, making the equipment ideal for operation in stressful conditions anywhere in the world. AMS Spectral UV’s latest generation of LED chips, designed for the highest-intensity curing applications, enable the curing of LED inks and coatings at record-setting speeds. They are built with resilient components, and the semi-conductor components are sealed, which allows the chips to work in a variety of rugged environments. Additionally, integrated circuits incorporated into the design electronically protect the LEDs and the entire system.

Source:

Baldwin Technology Company / Barry-Wehmiller

TBWA\Helsinki: Finnish webstore replaced its products with friends to the lonely (c) TBWA\Helsinki
26.11.2021

TBWA\Helsinki: Finnish webstore replaced its products with friends to the lonely

Black Friday is known as the world's largest shopping event, which is constantly growing in size. Rather than offering highly promoted sales, a Finnish clothing company Pure Waste joined forces with HelsinkiMissio, an NGO battling loneliness in Finland. On Black Friday, instead of buying clothes anyone can donate a friend to people suffering from loneliness.

A Global survey shows that over a third of adults experience feelings of loneliness worldwide. Many who feel lonely try to cope by shopping, which in fact has been proven to aggravate loneliness and can even cause feelings of depression.1

This is why HelsinkiMissio, a Finnish NGO battling loneliness, and Pure Waste, a Finnish clothing manufacturer, joined forces on Black Friday. All Pure Waste’s products on their webstore have been replaced with a chance to donate for HelsinkiMissio’s important work against loneliness.

Black Friday is known as the world's largest shopping event, which is constantly growing in size. Rather than offering highly promoted sales, a Finnish clothing company Pure Waste joined forces with HelsinkiMissio, an NGO battling loneliness in Finland. On Black Friday, instead of buying clothes anyone can donate a friend to people suffering from loneliness.

A Global survey shows that over a third of adults experience feelings of loneliness worldwide. Many who feel lonely try to cope by shopping, which in fact has been proven to aggravate loneliness and can even cause feelings of depression.1

This is why HelsinkiMissio, a Finnish NGO battling loneliness, and Pure Waste, a Finnish clothing manufacturer, joined forces on Black Friday. All Pure Waste’s products on their webstore have been replaced with a chance to donate for HelsinkiMissio’s important work against loneliness.

“Black Friday is known as the biggest commercial event, but for lonely people it can actually be the darkest day of the year. This is why we wanted to shed light on this issue precisely today. We hope that together with Pure Waste we’re able to raise awareness on the issue and furthermore help lonely people”, says Tuula Colliander, Executive Director from HelsinkiMissio.

Black Friday stunt is executed together with Pure Waste, a Finland-based clothing manufacturer that has never taken part to Black Friday due to their values. The company, also known as a pioneer in textile recycling, makes its clothing from 100% recycled cotton, utilizing cutting waste from the textile industry.


1 Pieters, Rik: Bidirectional Dynamics of Materialism and Loneliness: Not Just a Vicious Cycle. Journal of Consumer Research Volume 40, Issue 4, 1 December 2013, Pages 615–631.

Source:

TBWA\Helsinki

Marchi & Fildi Group presents the selection of metalloplastic yarns with GRS certification of its Gleaming line, coming from 100% post-consumer recycled polyester (c) Marchi & Fildi Group
Linea Gleaming
24.11.2021

Italian spinning group launches new metalloplastic yarns

  • Marchi & Fildi Group presents the selection of metalloplastic yarns with GRS certification of its Gleaming line, coming from 100% post-consumer recycled polyester

With the goal to expand the offer of yarns coming from recycled raw materials for a textile more attentive to the consumption of resources, the MFT division of the Marchi & Fildi Group completes the range of metalloplastic yarns of its Gleaming collection with the insertion of 100% recycled polyester yarns coming from post-consumer material and with the GRS (Global Recycle Standard) certification.
Starting from recycled polyester with traceable origin, in compliance with environmental and social criteria extended to all the phases of the supply chain, metalloplastic yarns are obtained with the same esthetic features and performance, compared to similar products based on virgin raw materials.

  • Marchi & Fildi Group presents the selection of metalloplastic yarns with GRS certification of its Gleaming line, coming from 100% post-consumer recycled polyester

With the goal to expand the offer of yarns coming from recycled raw materials for a textile more attentive to the consumption of resources, the MFT division of the Marchi & Fildi Group completes the range of metalloplastic yarns of its Gleaming collection with the insertion of 100% recycled polyester yarns coming from post-consumer material and with the GRS (Global Recycle Standard) certification.
Starting from recycled polyester with traceable origin, in compliance with environmental and social criteria extended to all the phases of the supply chain, metalloplastic yarns are obtained with the same esthetic features and performance, compared to similar products based on virgin raw materials.

“Thanks to our commitment in the research of materials, we are able to propose metalloplastic yarns produced with 100% recycled material; the film used for the production of flat yarns, too, is in recycled polyester, with a quality level that is suitable for cutting – the Company explains -. Till now it was possible to find in the market only metalloplastic yarns with not recycled polyester flat yarn, twisted with certified fibers. This represents an important step forward to implement a circular economy possibility for this kind of products too”.

The Gleaming yarns GRS certified can be supplied in gold and silver, colors and transparent, in various counts, widths and types; they are suitable for use in flat and circular knitting, weaving, hosiery and as a component in fancy yarns.

The Gleaming line, with a wide selection of yarns in stock service, represents a completion of the offer of the Marchi & Fildi Group. The Gleaming yarns are offered in different thicknesses, widths and types with both metallized and transparent, iridescent, refracting and phosphorescent effects. The collection also includes items with special features of resistance to chemical and dyeing treatments. The Gleaming metalloplastic yarns find application in the world of fashion and furniture, for creative and fancy yarns and fabrics, accessories and decorations. Products with refractive features are also used in technical items like uniforms and workwear, sport garments and accessories, external ribbons and labels.

Source:

Marchi & Fildi Group

ISKO champions circularity and biodiversity at the Circular Fashion Summit 2021 (c) ISKO
Denim by ISKO
24.11.2021

ISKO champions circularity and biodiversity at the Circular Fashion Summit 2021

  • The leading denim ingredient brand joins lablaco’s virtual reality Circular Fashion Summit 2021 as an Innovation Partner

ISKO continues to reaffirm its commitment towards circularity by participating as an Innovation Partner in the Circular Fashion Summit 2021 by lablaco. The summit will bring together leaders of change across design, technology and sustainability to share knowledge and take action towards creating a circular future for fashion. The event will be held in a VR version of the Grand Palais Éphémère in Paris and will take place on 9-12 December.

ISKO’s approach to circularity is built on creating a future where no virgin resources are needed to produce beautiful durable and high performing woven fabrics To achieve this, the leading denim ingredient brand is working to remove its reliance on fossil fuels and virgin materials by employing only renewable energy and by setting the challenging target of using 100% recycled or reused materials.

  • The leading denim ingredient brand joins lablaco’s virtual reality Circular Fashion Summit 2021 as an Innovation Partner

ISKO continues to reaffirm its commitment towards circularity by participating as an Innovation Partner in the Circular Fashion Summit 2021 by lablaco. The summit will bring together leaders of change across design, technology and sustainability to share knowledge and take action towards creating a circular future for fashion. The event will be held in a VR version of the Grand Palais Éphémère in Paris and will take place on 9-12 December.

ISKO’s approach to circularity is built on creating a future where no virgin resources are needed to produce beautiful durable and high performing woven fabrics To achieve this, the leading denim ingredient brand is working to remove its reliance on fossil fuels and virgin materials by employing only renewable energy and by setting the challenging target of using 100% recycled or reused materials.

This impressive goal is possible thanks to the cutting edge technologies ISKO is working with such as a one of a kind process which fully separates and recycles cotton and polyester blends at scale, and collaborative partnerships with MoRe Research that are aimed at discovering new possibilities for cellulose based materials. ISKO’s new generation of R TWO™50+ fabrics are also playing a role in moving towards this goal. E ngineered for nature’ they use a minimum of 50% pre and post consumer recycled blend reducing carbon and water footprints by 45% and 65% respectively, and are all GRS certified ISKO also believes that the transition to a circular economy cannot happen without addressing the impact on biodiversity and our ecology. Tackling the over-sourcing of raw materials is key, as the extraction of new natural resources and the impact on carbon emissions in processing them contributes to more than 90% of biodiversity loss.

Source:

Menabò Group

22.11.2021

Sappi invests in Kirkniemi Mill on decarbonisation journey

Sappi has approved an investment in Kirkniemi Mill in Lohja, Finland which enables a switch in its energy sourcing to renewable bioenergy. With this investment the mill’s direct fossil greenhouse gas emissions will reduce by ca. 90 percent, which is equivalent to 230 000 tons of carbon dioxide annually.

The project, set for completion in early 2023, will contribute significantly to Sappi Europe’s decarbonisation roadmap by exiting coal at one of its last facilities partially using this fuel type. Biomass will then be used in Kirkniemi’s multi-fuel boiler, built in 2015. The move advances Sappi towards its 2025 targets which include reducing specific greenhouse gas emissions (scope 1 and 2) by 25 percent and increasing renewable energy share to 50 percent in Europe compared to 2019.

The investment will establish the equipment needed to receive, store and handle woody biomass like the bark, sawdust and wood chips used for biofuel production. Such biomass types are by-products from the forest-based industry and utilising them for energy production derives further value from the forest resource.

Sappi has approved an investment in Kirkniemi Mill in Lohja, Finland which enables a switch in its energy sourcing to renewable bioenergy. With this investment the mill’s direct fossil greenhouse gas emissions will reduce by ca. 90 percent, which is equivalent to 230 000 tons of carbon dioxide annually.

The project, set for completion in early 2023, will contribute significantly to Sappi Europe’s decarbonisation roadmap by exiting coal at one of its last facilities partially using this fuel type. Biomass will then be used in Kirkniemi’s multi-fuel boiler, built in 2015. The move advances Sappi towards its 2025 targets which include reducing specific greenhouse gas emissions (scope 1 and 2) by 25 percent and increasing renewable energy share to 50 percent in Europe compared to 2019.

The investment will establish the equipment needed to receive, store and handle woody biomass like the bark, sawdust and wood chips used for biofuel production. Such biomass types are by-products from the forest-based industry and utilising them for energy production derives further value from the forest resource.

In addition to increasing share of renewable energy, Sappi’s mills are also focused on reducing energy consumption. Sappi Kirkniemi Mill is party to Finland’s National Energy Efficiency Agreement and consistently reaches their energy saving targets. Kirkniemi’s ISO 50001 certification provides further evidence of the mill’s systematic improvement in energy efficiency.

Source:

Sappi Europe

(c) JEC Group
16.11.2021

JEC Forum DACH: Latest news about the event

JEC Forum DACH will open its doors from November 23 – 24, 2021, the promise of a two-days gathering around business meetings and conferences. JEC Forum DACH will offer actors of the composites profession in the region the opportunity to exchange and learn about current and future developments of the industry through a rich program of conferences, the JEC Composites Startup Booster, and the AVK Innovation Awards. It also includes pre-arranged Business Meetings between sponsors and attendees as well as sponsors’ workshops.

CONFERENCES, KEYNOTES, AND MARKET OVERVIEW
JEC Forum DACH will feature cutting-edge live conferences with experts from the industry as well as
exclusive keynotes organized by the AVK.

MEETINGS PROGRAM
In  order  to  help  the  sponsors  to  save  time  and  establish  connections  with  real-interest business partners, JEC Group has developed a Business Meetings program: an efficient facilitator to connect precise needs to corresponding offers. These one-to-one meetings will be held on the sponsors’ booths during the two days of the event.

JEC Forum DACH will open its doors from November 23 – 24, 2021, the promise of a two-days gathering around business meetings and conferences. JEC Forum DACH will offer actors of the composites profession in the region the opportunity to exchange and learn about current and future developments of the industry through a rich program of conferences, the JEC Composites Startup Booster, and the AVK Innovation Awards. It also includes pre-arranged Business Meetings between sponsors and attendees as well as sponsors’ workshops.

CONFERENCES, KEYNOTES, AND MARKET OVERVIEW
JEC Forum DACH will feature cutting-edge live conferences with experts from the industry as well as
exclusive keynotes organized by the AVK.

MEETINGS PROGRAM
In  order  to  help  the  sponsors  to  save  time  and  establish  connections  with  real-interest business partners, JEC Group has developed a Business Meetings program: an efficient facilitator to connect precise needs to corresponding offers. These one-to-one meetings will be held on the sponsors’ booths during the two days of the event.

FEATURED SPONSORS’ WORKSHOPS
JEC Forum DACH will host 9 sponsors’ workshops during the two days: CMS SPA, Elantas Europe S.r.l., Kisling AG, Kroenert GmbH & Co KG, Maschinenfabrik Herbert MEYER GmbH, Netzsch Process Intelligence GmbH and Schwarzpunkt (part of Helvoet Group), Saertex GmbH & Co KG and SVT, Trima Spol Sro and Walter Mäder AG will present their know-how and technology during 30 minutes’ presentations in front of the attendees as well as in livestreaming.

FOSTERING ENTREPRENEURSHIP WITH THE JEC COMPOSITES STARTUP BOOSTER
JEC Composites Startup Booster is the leading startup competition in the world of composites.
It enables the community to find and assess innovations with a potential impact on their respective industries. The competition will be held at JEC Forum DACH for the first time with the pitches’ session on November 23rd at 2:15pm followed by the Awards ceremony at 6:15 pm.
The finalists are: ANYBRID (Germany), CARBON CLEANUP (Austria), CARBON-DRIVE (Germany), FIBRECOAT (Germany), and TOUCH SENSITY (France).

CELEBRATING INNOVATION WITH THE AVK INNOVATION AWARDS
This year at JEC Forum DACH, JEC Group and AVK will co-organize the AVK Innovation Award.
One of the goals of the AVK Innovation Awards is to give prominence to the innovations and the companies/institutions behind them, thus publicizing their performance throughout the industry. These awards will celebrate innovations in fiber-reinforced plastics (FRP) / composites during the Awards ceremony on Tuesday 23rd, at 6:15pm.

Full program and speakers list here.

Source:

JEC Group

Mahlo: Two heads of subsidiaries celebrate anniversaries (c) Mahlo
Michel Bruni, CEO of Mahlo Italia
16.11.2021

Mahlo: Two heads of subsidiaries celebrate anniversaries

At the subsidiaries of the German Mahlo GmbH + Co KG, two branch managers are celebrating anniversaries this year. Alan Lavore, CEO of Mahlo America Inc., has been with the machine builder for 25 years. Michel Bruni, CEO of Mahlo Italia, has been part of the Mahlo family for 40 years.

Bruni began his career at Mahlo in 1981 as a service technician in the French branch Mahlo Ouest. Just one year later, he moved to Mahlo Italia, where he was appointed branch manager in 1996. He still holds this position today. Bruni is also sales manager for the Benelux countries, the Maghreb countries and Madagascar. The Mahlo Italia CEO's recipe for success includes expertise paired with experience and passion. To remain loyal to a company for so many years also testifies to a special relationship. "Then as now, I work with a dynamic and committed team. We also have a very good relationship with the employees of the parent company in Germany," says Bruni.

At the subsidiaries of the German Mahlo GmbH + Co KG, two branch managers are celebrating anniversaries this year. Alan Lavore, CEO of Mahlo America Inc., has been with the machine builder for 25 years. Michel Bruni, CEO of Mahlo Italia, has been part of the Mahlo family for 40 years.

Bruni began his career at Mahlo in 1981 as a service technician in the French branch Mahlo Ouest. Just one year later, he moved to Mahlo Italia, where he was appointed branch manager in 1996. He still holds this position today. Bruni is also sales manager for the Benelux countries, the Maghreb countries and Madagascar. The Mahlo Italia CEO's recipe for success includes expertise paired with experience and passion. To remain loyal to a company for so many years also testifies to a special relationship. "Then as now, I work with a dynamic and committed team. We also have a very good relationship with the employees of the parent company in Germany," says Bruni.

The culture and integrity with which business is conducted in the family-owned company were among the reasons why Mahlo America Inc. CEO Alan Lavore has also been with Mahlo for 25 years. "I just love working with all the great people at Mahlo." Lavore joined Mahlo in 1996 as a territory sales manager and took over as CEO in 2005. During this time, he drove the company's expansion from a textile specialist to a supplier for various production sectors such as film, paper, coating and converting or nonwovens.

More information:
Mahlo nonwovens Automation
Source:

Mahlo GmbH + Co. KG

16.11.2021

Gina Tricot and We aRe SpinDye in a resource-efficient collaboration

Gina Tricot releases its first collection that has been produced with We aRe SpinDye. The collection is part of Gina Tricot's innovation program Gina Lab. and consists of a coat, shirt, trousers and two bags colored with We aRe SpinDye's method.

With the collaboration, Gina Tricot continues to focus on sustainability, now with the coloring process at the center. Of all the resources that arise during the entire lifespan of a garment - from the production of raw materials, to recycling, 80% is used during the production phase itself. To maximize the effects of the sustainability changeover, an increased focus is required on the entire production process and in particular on the most resource-intensive of them all: the dyeing.

Gina Tricot releases its first collection that has been produced with We aRe SpinDye. The collection is part of Gina Tricot's innovation program Gina Lab. and consists of a coat, shirt, trousers and two bags colored with We aRe SpinDye's method.

With the collaboration, Gina Tricot continues to focus on sustainability, now with the coloring process at the center. Of all the resources that arise during the entire lifespan of a garment - from the production of raw materials, to recycling, 80% is used during the production phase itself. To maximize the effects of the sustainability changeover, an increased focus is required on the entire production process and in particular on the most resource-intensive of them all: the dyeing.

One of Gina Tricot's focus is to explore new methods and technologies in sustainability, which makes the collaboration with We aRe Spin Dye feel just right for us. Together we get a product with more durable and circular fibers, in addition with a more sustainable textile production with a focus on minimal water use. We are extremely proud of this collaboration. says Emma Garrote, Global Production & Sustainability Manager at Gina Tricot.

Gina Tricot is a shining example of an agile organization with short decision-making processes. They have managed to enthuse both the design and production department. It has been crucial to reach the launch of this collection that takes place today, says Andreas Andrén, CEO of We aRe SpinDye®.

Gina Tricot
Gina Tricot is a Swedish fashion brand that offers fashion to women in over 30 countries. Today, Gina Tricot has over 160 stores around Sweden, Norway, Denmark and Finland, as well as e-commerce throughout Europe. With around 1,900 employees, 98% of these are girls. For Gina Tricot, it is important to build pride from the inside out, we are a company that chooses to invest in and highlight women.

We aRe Spin Dye
The company is a Swedish cleantech company that provides and offers a process and platform for production and quality control that enables players in the fashion and clothing industry to significantly reduce their environmental impact. The company's business concept is to establish a new, sustainable and transparent standard for dyeing synthetic textiles in the fashion and apparel industry in a simple and user-friendly way.

More information:
We are SpinDye We aRe Spin Dye
Source:

We aRe SpinDye

(c) Avgol
15.11.2021

Avgol at Hygienix™ 2021 with biotransformation technology in nonwovens

Avgol, an Indorama Ventures company and manufacturer of high-performance nonwoven fabric solutions, will be showcasing its latest work in biotransformation technology for polyolefin fibers and nonwoven fabrics at this year’s Hygienix™ event.

Nick Carter, Vice President, Nonwovens Marketing at Avgol, will be a guest speaker at the event, giving a presentation alongside Dr. DeeAnn Nelson, R&D and Innovation Manager with Avgol in North America, on ‘Biotransformation Technology in Polyolefin Fibers and Nonwoven Fabrics, Focus on Fugitive Used Articles’. “Today, the word “sustainability” does not have a unified meaning in the industries we serve,” said Nick. “Perform a regional analysis on any given customer or consumer, delve into a legislative body or advocacy group’s positioning and you will find each are likely to use the word ‘sustainable’ with varying interpretations, implementations, and implications.

The Avgol presentation, part of the Product & Process Innovation in AHPs series, will take place at 2pm on Tuesday, November 16.

Avgol, an Indorama Ventures company and manufacturer of high-performance nonwoven fabric solutions, will be showcasing its latest work in biotransformation technology for polyolefin fibers and nonwoven fabrics at this year’s Hygienix™ event.

Nick Carter, Vice President, Nonwovens Marketing at Avgol, will be a guest speaker at the event, giving a presentation alongside Dr. DeeAnn Nelson, R&D and Innovation Manager with Avgol in North America, on ‘Biotransformation Technology in Polyolefin Fibers and Nonwoven Fabrics, Focus on Fugitive Used Articles’. “Today, the word “sustainability” does not have a unified meaning in the industries we serve,” said Nick. “Perform a regional analysis on any given customer or consumer, delve into a legislative body or advocacy group’s positioning and you will find each are likely to use the word ‘sustainable’ with varying interpretations, implementations, and implications.

The Avgol presentation, part of the Product & Process Innovation in AHPs series, will take place at 2pm on Tuesday, November 16.

From their base at the tabletop event, Nick and the Avgol team will be discussing the global challenge of eliminating incineration, chemical treatment, landfill, dumping and, in particular, fugitive material pollution from non-woven products.

“Following our recent success at Index 20, we will be sharing insight to our research and development strategy with Hygienix attendees, addressing the degradation performance of our products and the path forward for the industry in terms of the use of new bio-colorants, biosurfactants and new technologies. Of course, we will also be demonstrating our latest Forward Innovative Thinking (FITTM) range of hygiene materials too, including natureFITTM”, says Nick Carter.

natureFIT™ is the newest innovation in the Avgol™ technology platform, designed to imbue nonwoven fabrics with additional qualities and benefits that anticipate the shifting demands of the consumer-led retail space. The suite of fabric solutions is focused on replacing elements of spun melt fabric design, where possible, with natural alternatives. The advanced technology affords product designers a significant reduction in polymer consumption to reduce environmental impact while simultaneously enhancing softness and conformability.

Hygienix™ runs from 15 – 18 November 2021 at the Westin Kierland Resort in Scottsdale, Arizona, USA.

More information:
Avgol Hygienix™ 2021 nonwovens
Source:

Avgol / PHD Marketing Ltd

15.11.2021

Kelheim Fibres once again finishes high in Canopy's Hot Button Ranking

In the Canopy’s 2021 Hot Button Ranking, Kelheim Fibres once again occupies a leading position: With a increase of 2.5 points in the evaluation, the Bavarian viscose speciality fibre manufacturer tied for third place out of around 40 viscose fibre manufacturers worldwide and a dark green/green shirt for the second year running. The Hot Button Report not only stands for responsible raw material sourcing - it is an overall sustainability indicator for viscose fibre producers.

Especially in the areas of transparency and procurement, the NGO Canopy, which is committed to the preservation of ancient and endangered forests, awarded Kelheim Fibres top points: Kelheim Fibres is the only EMAS-certified viscose fibre manufacturer worldwide and publishes all environmentally relevant data publicly.

Kelheim Fibres also gained points in the area of "Next Generation Solutions" - the use of alternative raw materials in fibre production. Together with the Swedish textile recycling company Renewcell, the fibre experts are planning to realise the large-scale production of high-quality viscose fibres from up to 10,000 tonnes of the 100% textile recyclate Circulose® per year.

In the Canopy’s 2021 Hot Button Ranking, Kelheim Fibres once again occupies a leading position: With a increase of 2.5 points in the evaluation, the Bavarian viscose speciality fibre manufacturer tied for third place out of around 40 viscose fibre manufacturers worldwide and a dark green/green shirt for the second year running. The Hot Button Report not only stands for responsible raw material sourcing - it is an overall sustainability indicator for viscose fibre producers.

Especially in the areas of transparency and procurement, the NGO Canopy, which is committed to the preservation of ancient and endangered forests, awarded Kelheim Fibres top points: Kelheim Fibres is the only EMAS-certified viscose fibre manufacturer worldwide and publishes all environmentally relevant data publicly.

Kelheim Fibres also gained points in the area of "Next Generation Solutions" - the use of alternative raw materials in fibre production. Together with the Swedish textile recycling company Renewcell, the fibre experts are planning to realise the large-scale production of high-quality viscose fibres from up to 10,000 tonnes of the 100% textile recyclate Circulose® per year.

Source:

Kelheim Fibres GmbH

(c) Abu Dhabi Government Media Office
15.11.2021

Partnership between ADNOC and Borealis to expand Borouge Facility

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

  • ADNOC and Borealis confirm final investment agreement to build Borouge 4 in Ruwais, United Arab Emirates (UAE), which will produce 1.4 million tons of polyethylene per annum
  • Expansion project includes construction of a 1.5 million tonnes ethane cracker, two state-of-the-art Borstar® polyethylene plants and a cross-linked polyethylene plant
  • Borouge 4 will meet growing customer demand across the Middle East, Africa and Asia with differentiated polyolefin solutions in energy, infrastructure, and advanced packaging
  • New facility will benefit from industry-leading technologies to significantly improve energy efficiency and lower emissions, with carbon capture study underway
  • Upon expansion, Borouge will be the world's largest single-site polyolefin complex and will supply feedstock to TA'ZIZ Industrial Chemicals Zone Body

ADNOC and Borealis AG signed an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

The world-scale expansion confirms both partners’ commitment to the growth of Borouge and to support chemical production, and advanced manufacturing and industry in Ruwais, a key pillar of Abu Dhabi and the UAE’s technology, innovation and industrial development strategy. Borouge produces crucial industrial raw materials, which are exported to customers globally and used by local companies, boosting local industrial supply chains and enhancing In-Country Value.

Borouge 4 will capitalize on the projected growth in customer demand for polyolefins, driven by their use in manufactured products in the Middle East, Africa and Asia. The facility will also enable the next phase of growth at the Ruwais Industrial Complex by supplying feedstock to the TA’ZIZ Industrial Chemicals Zone.

Borouge 4 will have an industry-leading focus on sustainability leveraging the capabilities of both shareholders. The facility will utilize Borealis’ proprietary Borstar technology, to produce a product portfolio focused on durable applications for energy, infrastructure, advanced packaging, and agriculture sectors. This unique technology, in combination with hexene co-monomer, will enable the production of advanced packaging grades with up to 50% recycled polyethylene content.

Subject to an in-depth study, a Carbon Capture unit that would reduce CO2 emissions by 80% could also be operational in time for Borouge 4’s start-up. The facility is also designed to capitalize on ADNOC’s recent initiatives on clean energy, decarbonizing its power supply through access to Abu Dhabi’s clean power sources. These initiatives are aligned with the UAE Net Zero by 2050 Strategic Initiative.

The first Borouge facility, producing 450,000 tons of polyethylene per annum was commissioned in 2001. Borouge 2 and Borouge 3 took capacity to 2 million tons and 4.5 million tons of polyethylene and polypropylene per annum in 2010 and 2014 respectively.  Borouge 4 will boost the company’s annual polyolefin production to 6.4 million tons, making Borouge one of the world’s largest single-site polyolefin facilities.

The new Borouge 4 facility will comprise:

  • An ethane cracker, with 1.5 million tons ethylene output per annum, which will be the fourth cracker in Borouge’s integrated petrochemical complex in Ruwais
  • Two additional Borstar® polyethylene (PE) plants, each with 700 thousand tons per annum capacity, using state-of-the-art Borealis Borstar third generation (3G) technology
  • A cross-linked PE (XLPE) plant of 100 thousand tons per annum capacity.
  • A hexene-1 unit, which will produce co-monomers for certain grades of polyethylene.
Source:

Borealis

12.11.2021

Stahl to set Scope 3 carbon emission targets by mid 2022

Stahl, an active proponent of responsible chemistry, today announces that – by the end of Q2 2022 – it will extend its GHG reduction targets to cover Scope 3 emissions. This step underlines Stahl’s commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, updated at the recent COP26 in Glasgow.

Between 2015 and 2020 Stahl reduced its Scope 1 and 2 (direct) GHG emissions by 37%, and has committed to a further 2% reduction each year to 2030. Scope 3 emissions cover all the indirect emissions that can occur in a company’s value chain, including raw material acquisition, transportation, and the end-of-life impact of its products. By focusing on Scope 3 emissions, Stahl is committing to de-fossilizing its supply chain and ensuring further accountability for its total environmental impact.

Stahl, an active proponent of responsible chemistry, today announces that – by the end of Q2 2022 – it will extend its GHG reduction targets to cover Scope 3 emissions. This step underlines Stahl’s commitment to aligning its strategy with the 2015 Paris Climate Agreement goals, updated at the recent COP26 in Glasgow.

Between 2015 and 2020 Stahl reduced its Scope 1 and 2 (direct) GHG emissions by 37%, and has committed to a further 2% reduction each year to 2030. Scope 3 emissions cover all the indirect emissions that can occur in a company’s value chain, including raw material acquisition, transportation, and the end-of-life impact of its products. By focusing on Scope 3 emissions, Stahl is committing to de-fossilizing its supply chain and ensuring further accountability for its total environmental impact.

Michael Costello, Stahl Group ESG Director: “Only by focusing on reducing Scope 3 emissions can we accurately align our de-fossilization strategy with the global goal of limiting global average temperature increase to 1.5°C, as agreed at the 2015 Paris Climate Agreement and the COP26 in Glasgow. We look forward to working with partners across our industry and value chain to make this happen.”

More information:
Stahl Stahl Group
Source:

Stahl Holdings B.V.

Montalvo promotes Bryon Williams to Chief Executive Officer (c) Montalvo
Bryon Williams, Chief Executive Officer
12.11.2021

Montalvo promotes Bryon Williams to Chief Executive Officer

Montalvo has promoted Bryon Williams to Chief Executive Officer (CEO). Having previously served as Montalvo’s Chief Operating Officer (COO), Mr. Williams will continue to develop, expand, and execute Montalvo’s short-term and long-term growth strategies expanding into new markets, developing Montalvo’s product line, strengthening Montalvo’s international presence, and growing Montalvo’s market.  

Montalvo has promoted Bryon Williams to Chief Executive Officer (CEO). Having previously served as Montalvo’s Chief Operating Officer (COO), Mr. Williams will continue to develop, expand, and execute Montalvo’s short-term and long-term growth strategies expanding into new markets, developing Montalvo’s product line, strengthening Montalvo’s international presence, and growing Montalvo’s market.  

Mr. Williams says “It has been such an honor working at this company over the past 11 years, and I only see greater success for the company as Montalvo has one of the strongest teams in its history, with a focus on innovation and achieving our vision of becoming the global leader in Web Control Systems and solutions. We are expanding our reach into new industries and will be coming out with new products and solutions that reset expectations on Web Control, while at the same time branching out to offer customers complete solutions for their Web Handling needs through in-house capabilities and a strong partner network. We continue to provide one of the highest levels of application, product, and process knowledge, and are constantly recognized by our customers for providing levels of support and service that others simply can’t.”

Source:

Montalvo

11.11.2021

Berto travels zero km to support B2C brands

In 2021, Berto Industria Tessile embarked on a series of journeys through the denim supply chain, touching both B2B and B2C worlds.

The first journey of this adventure, aimed at discovering and publicizing the world of indigo and, began by talking about the collaboration with the turkish garment maker blue matters creating a green collection to be proposed to the world's top brands, continuing with “su mirura project” in the second chapter.
This project has its objective in supports, with a ready on stock fabrics, (which at this time of difficult availability of product becomes extremely relevant), young emerging talents in the world of fashion that, in our industry, both for problems related to  minimum order quantities and for problems related to financial commitments of startups, would having difficulty in the raw materials research.

In this third chapter of the personal voyage into the world of denim, Berto Industria Tessile talks about two realities that are not only made in Italy, but also made in veneto, for a zero km circularity supports.

In 2021, Berto Industria Tessile embarked on a series of journeys through the denim supply chain, touching both B2B and B2C worlds.

The first journey of this adventure, aimed at discovering and publicizing the world of indigo and, began by talking about the collaboration with the turkish garment maker blue matters creating a green collection to be proposed to the world's top brands, continuing with “su mirura project” in the second chapter.
This project has its objective in supports, with a ready on stock fabrics, (which at this time of difficult availability of product becomes extremely relevant), young emerging talents in the world of fashion that, in our industry, both for problems related to  minimum order quantities and for problems related to financial commitments of startups, would having difficulty in the raw materials research.

In this third chapter of the personal voyage into the world of denim, Berto Industria Tessile talks about two realities that are not only made in Italy, but also made in veneto, for a zero km circularity supports.

Two brands that are part of two different segments of the indigo world of b2c, one operating in the world of clothing and one in the creation of fashion accessories, but who have a common denominator between them, the use of 100% in their collections of denim fabric Berto.*

* See attached document for more information.

Source:

Berto Industria Tessile / EFFE-BI

10.11.2021

Stahl achieves certification for its lifecycle assessment systems in partnership with Spin 360

Stahl, an active proponent of responsible chemistry, has taken an important step toward realizing its target of having lifecycle assessment (LCA) data for all strategic products by the end of 2023. By working closely together with Spin 360, a tech-enabled sustainability consultancy, Stahl has achieved certification of LCA data generation systems, allowing verifiable information to be collected for its products.
LCA is a methodology that measures the impact of any product on the environment over the course of its life. The LCA methodology can provide quantitative data in a format that permits comparisons to be made. The certification of LCA data generation systems is a foundational step to ensuring the accuracy and reliability of future LCA analyses.

Stahl, an active proponent of responsible chemistry, has taken an important step toward realizing its target of having lifecycle assessment (LCA) data for all strategic products by the end of 2023. By working closely together with Spin 360, a tech-enabled sustainability consultancy, Stahl has achieved certification of LCA data generation systems, allowing verifiable information to be collected for its products.
LCA is a methodology that measures the impact of any product on the environment over the course of its life. The LCA methodology can provide quantitative data in a format that permits comparisons to be made. The certification of LCA data generation systems is a foundational step to ensuring the accuracy and reliability of future LCA analyses.

Through close collaboration, Stahl and Spin 360 have implemented an Environmental Product Declaration (EPD) system – certified by Bureau Veritas – at Stahl’s site in Palazzolo, Italy. An EPD is an independently verified and registered document that communicates transparent and comparable information about the environment impact of products across their entire lifecycle. This implementation underlines Stahl’s commitment to enabling the sustainable development of its industry by driving accountability and transparency.

Michael Costello, Stahl Group ESG Director: “One of Stahl’s strategic ESG goals is to collect verifiable, high-quality LCA data for its products, thereby paving the way to lowering the environmental impact of the whole supply chain. This EPD system certification is an important achievement, and a key step in realizing this goal. Looking ahead, we’ll continue to work with our partners to enable our certified LCA data availability and shape a better industry.”

Federico Brugnoli, CEO of Spin 360: “We are very proud to have supported this complex process that will ensure the complete reliability of Stahl’s LCA data. Now we will look at the next steps in supporting Stahl, focusing environmental footprint reductions through science-based evolution of the industry. We’re confident that – together – we can ensure a better future for us all.”

VDMA: Top young talent with cutting-edge topics  (c) VDMA
The 2021 winners (from top left to right): Dr Martin Hengstermann, Irina Kuznik, Kai-Chieh Kuo.
10.11.2021

VDMA: Top young talent with cutting-edge topics

The Chairman of the Walter Reiners-Stiftung foundation of the VDMA Textile Machinery Association, Peter D. Dornier has awarded prizes to three successful young engineers. The award-winning works provide practical solutions on the topic of circular economy. For example, the recycling of carbon fibres, which are used to produce lightweight components for the automotive industry. Or the environmentally friendly production of yarns from crab shells. Another topic was medical applications: The processing of ultra-fine yarns into stents for aortic repair. The award ceremony took place online on 9 November as part of the Aachen-Dresden-Denkendorf International Textile Conference.  

With a creativity prize, endowed with 3,000 euros, the foundation honoured the diploma thesis of Irina Kuznik, TU Dresden. She used a creative approach to realise solutions for processing chitosan into fibre yarn.

The Chairman of the Walter Reiners-Stiftung foundation of the VDMA Textile Machinery Association, Peter D. Dornier has awarded prizes to three successful young engineers. The award-winning works provide practical solutions on the topic of circular economy. For example, the recycling of carbon fibres, which are used to produce lightweight components for the automotive industry. Or the environmentally friendly production of yarns from crab shells. Another topic was medical applications: The processing of ultra-fine yarns into stents for aortic repair. The award ceremony took place online on 9 November as part of the Aachen-Dresden-Denkendorf International Textile Conference.  

With a creativity prize, endowed with 3,000 euros, the foundation honoured the diploma thesis of Irina Kuznik, TU Dresden. She used a creative approach to realise solutions for processing chitosan into fibre yarn.

Mr Kai-Chieh Kuo was awarded the diploma/master's thesis promotion prize of 3,500 euros. With his master's thesis, which was written at RWTH Aachen University, Mr Kuo contributes to the production of vital components used in medicine. The stents made of ultra-fine yarns are made possible by an innovative modification of the classic tube weaving process.

The Walter Reiners Foundation rewarded the doctoral thesis of Dr. Martin Hengstermann with the promotional prize in the dissertation category, endowed with 5,000 euros. The thesis deals with the production of recycled carbon fibres. These can be used to produce lightweight components for motor vehicle and aircraft construction or the wind energy sector.

New Prize Sustainability / Circular Economy
The environmental conditions of the textile industry and machine construction are changing. Topics such as climate protection and the circular economy are becoming central. From this perspective, the board of the Walter Reiners Foundation has decided to further develop the foundation's prize system.

In 2022, the foundation will for the first time offer a prize with a focus on design / sustainability. Peter D. Dornier, Chairman of the Foundation, explained: "Already in the design phase, one can set the parameters so that a textile product can be reintroduced after use into the economic cycle for a high-quality application. For example, through the appropriate use of materials and finishing. We are looking for solutions for resource-saving design, technology and manufacturing processes."   

(c) Picanol. Connect generation - PicConnect enabled (BlueTouch display).
Connect generation - PicConnect enabled (BlueTouch display)
08.11.2021

Picanol: New Connect generation of airjet and rapier weaving machines

Picanol has introduced its latest generation of airjet and rapier weaving machines, which have been called the “Connect” generation. These new generation weaving machines focus on connectivity and an increased level of data availability. With this new generation, Picanol is launching several new functionalities such as a digitalized Gripper stroke setting, Gripper tape monitoring, Climate control, Shed angle measurement, and fully integrated Power monitoring.

Picanol has introduced its latest generation of airjet and rapier weaving machines, which have been called the “Connect” generation. These new generation weaving machines focus on connectivity and an increased level of data availability. With this new generation, Picanol is launching several new functionalities such as a digitalized Gripper stroke setting, Gripper tape monitoring, Climate control, Shed angle measurement, and fully integrated Power monitoring.

“Following the successful launch of our digital platform PicConnect earlier this month, we have now released a new generation of weaving machines, which are known as the Connect generation. Our Connect generation weaving machines can provide the correct data and are loaded with new and never-before-seen functionalities. This is clear proof that for Picanol “Driven by Data” is not just a slogan but a commitment. Not only have these innovations allowed us to make big improvements when it comes to our four design principles – Smart Performance, Sustainability Inside, Intuitive Control, and, of course, Driven by Data – but when combined with our new digital platform they will allow you to amplify your own intuition.” comments Johan Verstraete, Vice President Weaving Machines.

From now on, the range of Picanol weaving machines will have the “Connect” suffix. For the airjet weaving machines, this means: OmniPlus-i Connect and TerryPlus-i Connect, while for the rapier weaving machines, this means: OptiMax-i Connect and TerryMax-i Connect. These new machines are built around Picanol’s four main design principles:

Smart Performance
On the OptiMax-i Connect, Picanol has introduced a lubrication monitoring sensor in combination with a temperature sensor. The combined data they provide allow the user to make sure the gripper tapes are in optimal condition for maximum performance. As an option, a gripper stroke measurement sensor is also available. This not only dramatically simplifies the setting of the gripper stroke, but also enables the user to realize higher machine speeds when weaving reduced widths – a pure extra output combined with more user-friendliness.

Sustainability Inside
Even though it was 25 years ago that the Sumo Drive concept was launched, it remains the most powerful, versatile and energy friendly machine drive available. And it has been even further optimized. It features an optimized sheet metal package for lower energy consumption, optimized oil cooling circuit for a better performance and a built-in temperature monitoring. Moreover, the Connect machines can be equipped with a Power monitoring module, which allows the user to keep track of the power consumption of each machine over time. Every Connect machine also has a built-in ambient temperature and humidity sensor, which will help to optimize the climate control in the weaving shed at the lowest cost. And as raw material is the biggest cost factor, each machine can also be equipped with raw material use monitoring.

Driven by Data
As the machine has more sensors than ever before, it also generates more data. To enable a fast reaction to all these sensor data, the BlueBox control unit has been further optimized: better heat management guarantees short reaction cycles combined with the long lifetime of components. To have a good view of all of the data generated, a special sensor dashboard screen is available in the BlueTouch display: with a simple touch of the screen, the current and historical power consumption, temperature, humidity, material consumption, and – on the OmniPlus-i Connect – also the air consumption, can be monitored. The BlueTouch display is now also equipped with an Action center, an electronic logbook where all actions such as maintenance interventions can be logged or scheduled beforehand. The machine manual is now available on the BlueTouch display, and with the context-based help function the help pages related to the operation the user wants to perform appear with one touch of his/her fingertip. The built-in web browser even allows the user even to consult, for example, tutorial videos on the web to guide them through a setting procedure.

Intuitive Control
The Connect generation was designed to focus on what really matters: weave the highest possible grade A fabrics at minimal costs. A large set of tools have been installed to facilitate this goal. One of the most remarkable ones is the Harness frame stroke measurement – until recently, it was only available on the revolutionary SmartShed, but it is now also available on the cambox and dobby machines. Combined with the shed visualization and simulation, it offers a quantum leap in terms of optimizing the user’s shed settings without losing any time or taking any risks. The colors of the programmable Smart signal lights with stop timing functionality are now repeated around the push buttons, allowing even better visibility and the prioritization of interventions by the weaver. A full-fledged Access control system not only limits the access to certain pages and settings depending on the user, but also allows a tailored dashboard to be established for each user profile.

Source:

Picanol

04.11.2021

Sarah Borghi: New Green Collection with a range of sustainable tights and stockings

For its 2021 Green Collection, the Italian luxury hosiery brand Sarah Borghi presents a broadened product offer in terms of colors and categories, meeting the needs of a stylish, yet sustainable consumer. By mixing fashion, quality, innovation and research, the tights and stockings powerhouse continues its development in the journey towards a conscious future.

The evolution of the Green Collection, the sustainable hosiery collection first launched in 2020, confirms the efforts of the brand in promoting a new generation of attractive fashion and design which actively encourages and supports a responsible change in culture and smart products offer.

For its 2021 Green Collection, the Italian luxury hosiery brand Sarah Borghi presents a broadened product offer in terms of colors and categories, meeting the needs of a stylish, yet sustainable consumer. By mixing fashion, quality, innovation and research, the tights and stockings powerhouse continues its development in the journey towards a conscious future.

The evolution of the Green Collection, the sustainable hosiery collection first launched in 2020, confirms the efforts of the brand in promoting a new generation of attractive fashion and design which actively encourages and supports a responsible change in culture and smart products offer.

Lately, a decisive step has been added to the brand’s history thanks to the publication of the Integrated Report by Gizeta Calze, Sarah Borghi’s top-notch producer and first Italian company in the hosiery sector to include sustainability throughout its business model. A commitment of responsibility and transparency on a path that has been carried on for years and that, today more than ever, becomes of the utmost importance, as stated by Luca Marzocchi, CEO of Gizeta Calze. The Integrated Report provides a complete view of the business strategy, operating model and governance, which combines financial information with sustainability insights, conceived as complementary to other strategies and, indeed, essential for increasing business value.

The collection
The collection presents a range of versatile, colorful products combined with extra-luxury comfort and designed for every type of woman: from seductive tights to everyday socks, together with knee- highs, up to athleisure with leggings.
 
The responsible collection features two new generation materials. One is Amni Soul Eco®, the world’s first biodegradable in anaerobic conditions polyamide 6.6 yarn that degrades in around 5 years* after disposing of in landfill, developed by SOLVAY and produced and distributed by FULGAR. The other is ROICA™ V550 by leading fiber manufacturer Asahi Kasei, a premium sustainable stretch yarn boasting the Gold Level Material Health Certificate by Cradle-to-Cradle Product Innovation Institute** as it has been evaluated for impact on human and environmental health. Moreover, it smartly breaks down without releasing harmful substances in the environment according to Hohenstein Environment Compatibility Certification. Key elements that makes ROICA™ V550 a precious choice when it comes to Circular Economy material approach.

Source:

Sarah Borghi / GB Network – for ROICA™

03.11.2021

Indorama Ventures issues THB 10 billion Sustainability-Linked Bond

Indorama Ventures Public Company Limited issued a THB 10 billion triple-tranche Sustainability-Linked Bond, showcasing the company’s long-standing commitment to sustainable growth. It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors.

The bond is part of IVL’s financing strategy across a range of instruments linked to the company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability Linked Loan Principles.

The SLB is linked to IVL’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

Indorama Ventures Public Company Limited issued a THB 10 billion triple-tranche Sustainability-Linked Bond, showcasing the company’s long-standing commitment to sustainable growth. It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors.

The bond is part of IVL’s financing strategy across a range of instruments linked to the company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability Linked Loan Principles.

The SLB is linked to IVL’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

The triple-tranche structure includes 5-, 7-, and 10.5-year tenors, offering coupons of 2.48%, 3.00% and 3.60% per year respectively, targeting asset managers, commercial banks, insurance companies, cooperatives and high-net-worth individuals. With the orderbook peaking at over THB 17.8 billion due to strong interest in the sustainability-linked instrument, oversubscription was around 3x over the planned issuance amount of THB 6 billion with a green shoe option of THB 4 billion. In view of the strong orderbook from the investors, the company decided to exercise the green shoe option and increased the issuance to THB 10 billion, setting a new benchmark as the largest SLB transaction in Thailand. IVL appointed Bangkok Bank, Kasikorn Bank, Krungthai Bank, Siam Commercial Bank, and The Hongkong and Shanghai Banking Corporation Limited, Bangkok Branch as arrangers and bookrunners for the transaction.

On 23 September 2021, the bond was assigned an AA- rating and a “stable” outlook by TRIS Rating following a strong recovery of petrochemicals and derivatives and IVL’s growing profitability.

Under the terms, all tranches must purchase Energy Attribute Certificates (EAC) or voluntary carbon offsets in the event of failure to meet the sustainability performance targets (SPT). The testing dates for tenors with a maturity of 5 and 7 years are 31 December 2025, and 31 December 2030 for the 10.5-year tenor. SPT performance will be independently verified upon the testing dates.Proceeds for the issuance will be used to finance IVL’s corporate working capital and refinance existing debt.

In recent years, IVL secured loans linked to improvements in the company’s sustainability performance as a global leader in environmental, social and governance (ESG) integration. These included Thailand’s first Green Loan of USD 200 million and EUR 200 million from Japan’s Mizuho Bank, Thailand’s first cross-border Sustainability-Linked Ninja Loan worth USD 225 million from 16 institutions in Japan and a Blue Loan of USD 300 million arranged by International Finance Corporation and funded by Asian Development Bank and DEG.

Source:

Indorama Ventures Public Company Limited