Textile Technology section
RadiciGroup: focus on sustainability with set up of a non-profit consortium
The manufacturer of synthetic fibers and yarns, RadiciGroup, Gandino/Italy, has announced the founding of Radici InNova, a non-profit consortium. The new company’s main object is the development of new research and innovation projects for the chemical, high performance polymers and advanced textile solutions sectors, in accordance with the Radici Group sustainability strategy.
Radici InNova renews and strengthens RadiciGroup’s commitment to a development model that balances economic profitability with environmental sustainability and social equity.
By leveraging international competencies and targeted relationships with 3rd parties, Radici InNova will manage and coordinate all the Group’s strategically essential research activities, with the objective of strengthening the role of innovation as a driver for RadiciGroup development. Furthermore the new company will actively foster the continual improvement of products and processes, while optimizing the use of resources and lowering the environmental impact of its activities.
RadiciGroup: positive results for 2019
The manufacturer of synthetic fibers and yarns, RadiciGroup, Gandino/Italy, closed financial year 2019 with consolidated sales revenue of €1,092 million (2018: €1,211 million). The group with 3,100 employees in 16 countries engages in the chemicals, engineering polymers and synthetic fibers businesses.
Crucial to maintaining the Group’s competitiveness and development in 2019 was the decision to continue allocating sizeable investments – totaling over €45 million – to the constant technological upgrading of plants and equipment, as well as to business sustainability. In particular, €7.6 million was earmarked for implementing Best Available Techniques, enhancing energy efficiency, emission abatement and R&D activities aimed at adding to low environmental impact processes and products.
At the beginning of 2020, the purchase of shares in Radici Plastics France SA, St. Priest/France, was completed, thus giving RadiciGroup a majority interest in the French company engaged in the sale of engineering polymers. The group also acquired Zeta Polimeri Srl, Buronzo/Italy, a company specializing in the recovery of synthetic fibers and thermoplastics.
RadiciGroup: investments in sustainability with recycled polyamide
With Renycle, the manufacturer of synthetic fibers and yarns, RadiciGroup, Gandino/Italy, introduced a range of yarns obtained from recycled polyamide at the Domotex in Hannover/Germany, on January 10-13, 2020. The company also announced the acquisition of the material recovery company Zeta Polimeri, Buronzo/Italy, with 30 years’ experience in the recovery of synthetic fiber and thermoplastics.
Also at the Domotex, RadiciGroup exhibited a number of solutions for the recovered fibers sector, targeted at fashion fabrics, furnishings and automotive applications. These new products are the result of the company’s vertically integrated polyamide production and the synergies among its various business areas, from chemicals to engineering polymers and synthetic yarns.
Renycle offers the capability to produce yarn for the segments of textile flooring, rugs and fitted carpets, as well as fashionwear. Renycle reduces the need for new raw materials of fossil origin and is 100% recyclable at the end of its life.