Nike Names Tom Peddie As Vice President, General Manager Of North America Geography

BEAVERTON, Ore. — October 10, 2024 — NIKE Inc. announced Tom Peddie will become vice president, general manager of the North America Geography, succeeding Scott Uzzell, who has decided to leave Nike.

“I’m excited to welcome Tom Peddie back to North America. No one is more qualified to lead North America’s next stage of strategic growth, grounded in sport. Importantly, Tom’s outstanding relationships with our retailers and deep experience developing an integrated marketplace will be critical to accelerating our future success,” said Craig Williams, president, Geographies and Marketplace.

“I’d also like to thank Scott for his dedication, passion and leadership during his six years with Nike and Converse. We wish him every success in the future,” Williams said.

Peddie will lead all aspects of Nike’s North America Geography, including Direct, Sales, Marketing, Digital, Consumer Construct and Territories, among others. Peddie recently returned to Nike as VP, Marketplace Partners after a 30-year Nike career spanning Global Sales, before becoming the GM of Emerging Markets, and then leading the North America Geography.

Peddie’s role will be effective October 21. Nike will announce the backfill for VP, Marketplace Partners soon.

Posted: October 11, 2024

Source: NIKE, Inc.

Weathering And Corrosion Testing Equipment Supplier Q-Lab Releases New Website

WESTLAKE, Ohio — October 11, 2024 — Q-Lab, a supplier of weathering and corrosion equipment and outdoor exposure testing, is pleased to announce the launch of its newly redesigned website at www.Q-Lab.com.

The new Q-Lab.com provides visitors with new tools and resources to help guide them through the often complex world of weathering and corrosion testing. This includes improvements such as restructured navigation for easier searching, revised contact forms for quicker response to inquiries worldwide, an enhanced document library with better filtering/search capabilities, a new helpful ISO/ASTM standards search tool, a new Q-PANEL selector guide, and much more additional new content

“Our mission at Q-Lab is to make testing simple for our customers. To do this, information and content needed to be easier and more intuitive to access. This was our top priority when designing our new website,” commented Andy Francis, Q-Lab Marketing director. “We believe we’ve accomplished that goal and are thrilled with the end result. We look forward to connecting with our existing customers and new audiences around the globe.”

To view the redesigned website, visit Q-Lab.com.

Posted: October 11, 2024

Source: Q-Lab Corporation

United Fabrics And Sunbrella Look To The Southwest For New Red Rocks Collection

BURLINGTON, N.C. — October 9, 2024 — United Fabrics and Sunbrella take inspiration from the vistas, overlooks, quarries and trails of the American Southwest in the new Red Rocks Collection, the second stop in the brands’ cross-country Roadtrip Series. Featuring 24 SKUS, including four new performance fabric patterns in a variety of earthen colorways, the Red Rocks Collection celebrates the beauty of untouched nature and the majesty of mountainous landscapes.

“The Roadtrip Series, a collaborative line with United Fabrics, embodies the freedom of travel, with its next destination set in Colorado,” said Tracy Greene, design director at Sunbrella. “Inspired by the Southwest’s striking landscape of red rock mountains, soft blue skies and green cacti, this collection translates the spirit of the open road into textile form, capturing the essence of exploration and adventure.”

The cross-country journey of the Roadtrip Series launched with the Coney Island Collection earlier this year. The overarching series honors iconic American road trip destinations, with patterns that feel both modern, yet current, and offer a nod of nostalgia to each stop along the way. The partnership will continue with other sentimental locations in the year ahead, with additional collections designed for both residential and commercial settings. The entire Red Rocks Collection meets ACT standards for commercial fabrics, including abrasion test certifications ranging from 55,000 to 100,000 double rubs, depending on the pattern.

Over the many years of collaboration between the two textile pioneers, United Fabrics has become a leading source for Sunbrella fabrics, from open-line SKUs to brand-exclusive patterns and colorways. Sunbrella fabrics deliver on comfort and purposeful performance requirements for indoor and outdoor spaces, including colorfastness, easy cleanability and stain resistance,

“With the Red Rocks Collection, we had the opportunity to feature more texture and bold color from the Sunbrella portfolio,” said Lindsey Josepayt, vice president of design and marketing at United Fabrics. “The rich palette of colors found in the American Southwest inspired our use of color to evoke a sense of warmth and nostalgia in these textiles. For example, in pattern Camper, we introduced a performance bouclé yarn to recall memories of evenings spent near a campfire with a cozy blanket.”
Patterns from the Red Rocks Collection include:

  • Landscape – An organic stripe pattern mimicking rocky formations and mountain ranges, Landscape is available in a range of colorways inspired by nature’s seasonal palettes of earthy tones.
  • Camper – With sophisticated colorways that celebrate the great outdoors, Camper is a classic plaid with a textural twist thanks to its bouclé yarn.
  • Miles – Already a popular United Fabrics multi-color performance texture, Miles is released in new colorways to perfectly coordinate with the organic palettes of the Red Rocks Collection.
  • Switchback – Featuring an abstract textured houndstooth motif, Switchback delivers an unexpected play on the classic pattern by introducing jagged and irregular forms to echo natural landscapes.

The collection is available exclusively to the design trade through United Fabrics. For more information, visit unitedfabrics.com.

Posted: October 11, 2024

Source Sunbrella

Trützschler Nonwovens And Texnology To Supply Complete Needlepunching Line To O.R.V. Manufacturing S.p.A., Italy

EGELSBACH, Germany — October 10, 2024 — Trützschler Nonwovens and Texnology S.r.l. have received an order from O.R.V. Manufacturing S.p.A. to deliver a new production line for needlepunched and thermobonded polyester media which, among others, will serve the huge market for filter media. The collaboration of the three family-owned companies will establish one of Europe’s biggest multi-purpose lines at the leading producer of non-woven fabrics and polyester wadding in Italy and Europe. The celebration on October 1 marked the start of the project.

Celebrating the start of this major project. From left to right: Alvise Bertoncello (Commercial Director of Peruzzo Productions Group), Paolo Olivo (Co-owner of Texnology), Oliver Döring (Director Sales & Marketing Trützschler Nonwovens), Nicola Olivo (Co-owner of Texnology), Massimiliano Giacobbo Peruzzo (Shareholder of Peruzzo Productions Group), Cristina Giacobbo Peruzzo (Shareholder of Peruzzo Productions Group), Charlotte Fontaine (member of the Shareholder’s Committee of the Trützschler Group), Gabriele Zanella (CEO of Peruzzo Productions Group), Stefan Flöth (Managing Director of Trützschler Nonwovens) and Gilles Michaud (Area Sales Manager Trützschler Nonwovens).

For more than 75 years, O.R.V. Manufacturing, which is part of the Peruzzo Productions Group, has been producing nonwoven products for various applications, including clothing, furnishings, coating supports, filtration, thermal-acoustic insulations, and a variety of different products for the automotive sector. Their production sites in northern Italy are located in Carmignano di Brenta and Grantorto (PD), while the other non-woven companies of the group are active in southern Italy, Romania, Poland and Brazil. “With Trützschler Nonwovens and Texnology, we are pleased to have found two partners with whom we can realize this major project based on the shared values of a family-owned business,” said Gabriele Zanella, CEO of O.R.V. Manufacturing.

Charlotte Fontaine, member of the Shareholder’s Committee of the Trützschler Group, joined the celebrations at O.R.V. Manufacturing in Italy together with Nicola Olivo, Co-owner of Texnology, and Massimiliano Giacobbo Peruzzo and Cristina Giacobbo Peruzzo, both shareholders of the Peruzzo Productions Group.

She said: “This installation does not only represent a significant technological advancement, but also embodies the spirit of innovation and entrepreneurship that characterizes our partnership. By building one of Europe’s biggest multi-purpose production lines together with Texnology and O.R.V. Manufacturing, we will set new industry standards.”

From a customer event to a major project

The journey began with an unforgettable customer event at the NCTC in April this year.

The journey began with an unforgettable customer event at the Nonwoven Customer and Technology Center (NCTC), where nonwovens ranging from 35 to 1,400 grams per square meter (gsm) were showcased. This event led to collaborative product development days that solidified the shared vision of the three companies. “T-SUPREMA serves a wide range of applications while achieving top-quality outputs and outstanding efficiency,” said Oliver Döring, director, Sales & Marketing Trützschler Nonwovens.

Trials convinced the customer

Initial customer trials in May at the NCTC in Egelsbach, Germany, convinced O.R.V. Manufacturing of the versatility of the high-performance line. “We build strong, lasting relationships with our customers to ensure consistent quality and performance. We strive to set new industry standards while implementing environmentally conscious solutions. Together, we leverage the unique strengths of each company and transform these values into high-quality products,” says Nicola Olivo, co-owner of Texnology.

Posted: October 11, 2024

Source Trützschler Group SE

With The Launch Of Valia Fashion, Lectra Propels Fashion Brands And Manufacturers Into A New Technological Era

PARIS — October 10, 2024 — Lectra supports the digital transformation and the transition towards Industry 4.0 of fashion, automotive and furniture companies.

The group has announced the launch of Valia Fashion, its new intelligent digital platform designed for the fashion industry. It combines the power of artificial intelligence and Lectra’s unique expertise in fashion.

Valia Fashion connects, automates and streamlines each stage of apparel production, from order processing to fabric cutting, while optimizing the use of materials. It revolutionizes the fashion ecosystem by breaking down the barriers between the various industrialization and production processes to better meet the requirements of brands, manufacturers and subcontractors.

Faced with the technological challenges posed by the transformation of a market constantly requiring more agility and cost control, the transition to Industry 4.0 is a key factor in the performance, profitability and sustainability of production processes. With Valia Fashion, brands, manufacturers and subcontractors in the fashion industry can adapt more easily and quickly, whatever their type of production (small, medium and large series, or on-demand production).

A major technological innovation based on artificial intelligence to meet the many changes occurring in the fashion market

With the rise of online shopping, the popularity of personalized products, the rapid evolution of trends, costly inventory management and an increased focus on price as well as environmental and social issues, consumers’ patterns are changing profoundly, impacting supply chains and clothing production. Many brands now favor the production of small series, along with and in addition to their usual seasonal collections.

Manufacturers and subcontractors must produce a larger number of smaller orders, limiting economies of scale. They must gain agility and control their production costs while addressing environmental issues. To successfully carry out this transformation, the different stakeholders involved in production must communicate and process information in real time. Digitalization thus becomes essential to collaborate effectively and preserve industry expertise.

“Valia Fashion represents a major technological breakthrough as, thanks to artificial intelligence, it truly brings fashion players into a new era, that of Industry 4.0. It will help them make a leap forward that goes beyond any advance made in recent decades. Valia Fashion has no equivalent on the market. It offers the whole fashion industry a totally new way to meet the challenges it faces during production,” explained Maximilien Abadie, chief strategy officer and chief product officer at Lectra.

“With Valia Fashion, our customers will be able to streamline and secure their production processes. They will benefit from a fully automated and connected workflow both internally and within their ecosystem. They will also be able to optimize the use of our fabric cutting equipment and their material consumption. We have combined our expertise in the fashion industry with the power of artificial intelligence to enable them, with Valia Fashion, to collaborate more efficiently, preserve their margins and boost their growth — while meeting the requirements of sustainable development, which are increasingly demanding in the fashion industry.”

Valia Fashion breaks down boundaries to meet the dual challenge of performance and sustainability

Thanks to an in-depth understanding of the various challenges faced by the fashion industry, Lectra provides, through Valia Fashion, solutions adapted to the specific needs of each type of player in the industry. The solution propels users into a new technological era, optimizing the resources used in the cutting room and improving profitability:

  • Improved collaboration between all stakeholders in the value chain

Thanks to the power of the cloud, artificial intelligence and an industry-specific data model, Valia Fashion makes it possible to digitalize the entire fashion production flow, from order preparation to cutting.

Our digital platform allows all activities and players — both brands and subcontractors — to free themselves from geographical constraints and jointly optimize their operations. By connecting all processes, work organization becomes easier, manual work is reduced and resource allocation is optimized to ensure maximum efficiency.

  • Each member of the ecosystem benefits from better visibility on current and future operations, as well as better estimation and traceability of the material used

Valia Fashion automatically analyzes and optimizes the performance of the cutting room and associated resources thanks to a complete, centralized, secure and shared overview of the process.

It measures the environmental impact of apparel production (precise estimation of the quantity of material used) based on real production constraints.

Thanks to the use of Industry 4.0 technologies and specifically artificial intelligence, Valia Fashion is able to process and interpret an unprecedented amount of data, thus optimizing production and making it easier to take informed decisions in real time. A new level of industrial performance and competitiveness has been reached.

Posted: October 10, 2024

Source Lectra

Better Cotton Launches New Research Project To Enhance Women’s Empowerment In India  

INDIA — October 10, 2024 — Better Cotton, a cotton sustainability initiative, has launched an ambitious research project in India aimed at defining best practices to empower women and boost their representation at the farm level in the cotton sector.

The project — funded by sustainability standards organization ISEAL — will not only identify real-success stories that can serve as inspiration for targeted interventions, but it will also generate learnings that will benefit cotton farming countries around the world.

Better Cotton Farmer Ujiben J Parmar during a Learning Group (LG) meeting. Photo — Better Cotton/Vibhor Yadav. Location: Kodinar, Gujarat, India. 2019.

Women play a vital role in India’s cotton farming regions, but they continuously face significant barriers to advance their positions. These challenges stem from cultural and societal barriers, including limited access to education, restrictions on independent travel and unpaid domestic and care work that disproportionately falls on them.

Jyoti Narain Kapoor, director of Better Cotton’s India Programme, said, “Women form the foundation of cotton farming communities across India, but too often are their contributions unrecognized and unrewarded. This research project will help underpin our women’s empowerment efforts in the country by studying what does and what does not work.”

Over the next year, Better Cotton will work closely with two in-country Programme Partners1, Cotton Connect India and WWF India, who together support more than 125,000 Better Cotton licensed farmers across Maharashtra and Telangana.

The aim is to gain insights into their recruitment strategies and retain more women into organizational leadership roles. As part of the process, community-facing roles — such as Producer Unit Managers and Field Facilitators — have been identified as an area for investment and strengthening.

The results will help Better Cotton develop and streamline mechanisms for supporting women in cotton as it works towards its 2030 Impact Target2 on women’s empowerment.

Nini Mehrotra, senior manager for Gender Equality at Better Cotton, said: “We want to strengthen the women in community facing organizational roles because that’s one of the best pathways to empower women in farming roles. It’s a unique supportive relationship – bringing technical knowledge, safe space, inspiration and modelling all together. Since they are from the same communities, women facilitators carry a deep understanding of the challenges women farmers and cultivators battle with. Because they are also the ones who are agronomic experts on the field, their presence speaks volumes about what is possible for women in farming communities.”

Vamshi Krishna, associate director of Sustainable Agriculture at WWF India, said: “Our experience shows that women have a natural affinity for learning and adopting nature-positive agricultural practices. With dedicated women learning groups, full-time training sessions, and seasonal workshops, we are laying the groundwork for continuous progress. This research project has the potential to guide us in refining these efforts, creating new innovations, and further empowering women in cotton cultivation. It will also open up opportunities for scaling these practices, making sustainable cotton farming a widespread reality in Telangana and beyond.”

Hardeep Desai, Global head of Farm Programmes at Cotton Connect, commented: “Female staff members contribute valuable skills especially indigenous knowledge and perspectives, enhancing the overall effectiveness of agricultural initiatives. Furthermore, their presence fosters a supportive network of female peers, which is instrumental in empowering women in the field. This gender balance promotes equitable decision-making processes and leads to more adoption of sustainable agricultural practices, thereby improving livelihoods within the sector.”

[1] Programme Partners work with cotton farming communities to help ensure they produce cotton in compliance with the Better Cotton Standard System (BCSS) and its Principles & Criteria (P&C).

[2] By 2030, Better Cotton has committed to reaching one million women in cotton with programmes and resources that promote equal farm decision-making, build climate resilience, or support improved livelihoods. This is in addition to ensuring that 25 percent of field staff are women with the power to influence sustainable cotton production.

Posted: October 10, 2024

Source Better Cotton

Evonik Openly Publishes Life Cycle Assessment Data In Its Online High Performance Polymers Plastics Database

MARL, Germany — October 10, 2024 — Evonik is now publishing life cycle assessment (LCA) information for its VESTAMID® polyamide and TROGAMID® transparent polyamide products in its High Performance Polymers Plastics Database. The strategic move further demonstrates the business line’s commitment to transparency and accountability to customers, regarding the circularity and sustainability of its products and services. At the moment, there is LCA data published for over 100 products, and data expected for more products in the future.

Carbon dioxide emission in industry net zero carbon concept.

“Transparency is key for making sustainable decisions, and we want to pass this data on to our current and prospective customers, who can use it to satisfy their own and their customers’ sustainability ambitions,” said Dominic Stoerkle, head of Evonik’s High Performance Polymers’ Long Chain Polyamides product line.

A life cycle assessment, or LCA, is a systemic method for evaluating the environmental impacts associated with all stages of a product’s life from raw materials through materials processing towards use and disposal.

Evonik’s VESTAMID line of polyamide products have customizable properties, partly due to its incorporation of materials such as glass fibers, impact modifiers or adhesion promoters. VESTAMID is widely known for its excellent resistance to heat, impact, water and solvents. The company’s TROGAMID line of transparent polyamides expands the range of possible applications to areas like optical equipment and food industry containers.

Customers of VESTAMID and TROGAMID materials can benefit greatly from the fact-driven metrics generated by LCAs, including water and land use, and carbon emissions. These metrics are a boon for customers looking to build and document a value chain that meets their own sustainability goals.

“At Evonik, contributing to a more sustainable future is part of the way we operate. We have a goal to generate more than 50% of our sales by 2030 from our ‘Next Generation Solutions.’ These are products and solutions with a positive sustainability profile that is clearly above the market reference level,” says Florian Hermes, director of sustainable business solutions at Evonik’s High Performance Polymers business line.

“When it comes to sustainability, transparency and customer accountability are critical. For instance, LCA data shows our VESTAMID eCO LX9039 BBM100 has a carbon footprint of 2.7 kg CO2eq/kg product and blue water consumption of 27 kg. Designed for applications such as toothbrush filaments, manufacturers using our polyamide 12 in production now also have data to show their customers the benefits of using a material that is made with renewable energy, and 100% biobased carbon in a mass-balanced approach,” says Hermes.

In a move for additional transparency, the LCA methodology used by the High Performance Polymers business line has been certified by TÜV Rheinland Energy & Environment GmbH, a world leader in the technical testing of systems and products in accordance with international systems since 2021.

Customers can search technical and LCA data for VESTAMID and TROGAMID products here at the Evonik High Performance Polymers’ Plastics Database: https://www.plastics-database.com

Posted: October 10, 2024

Source Evonik Industries AG

BASF Expands Its Sustainable Polyamide Portfolio With Products With Reduced And, For The First Time, Net Zero CO2 Footprints

LUDWIGSHAFEN AM RHEIN, Germany — October 10, 2024 — With Ultramid® LowPCF — reduced CO2 footprint/“Product Carbon Footprint”, PCF** — and Ultramid® ZeroPCF* (CO2 footprint of net zero greenhouse gas emissions), BASF launches two new product variants within its polyamide value chain in Europe. Greenhouse gas emissions can be reduced when compared to conventional products. BASF is offering its Ultramid B brand and the precursor caprolactam as ZeroPCF and LowPCF variants, as well as Ultramid C as LowPCF option.

Electricity from renewable sources is used to manufacture the LowPCF products, including from the Hollandse Kust Zuid offshore wind farm in the North Sea, in which BASF has a stake. Furthermore, low-emission steam is generated by using certified biomethane instead of natural gas. Compared to common industry benchmarks***, the PCF from raw material extraction to the factory gate (“cradle-to-gate”) is reduced by at least 30 percent. This PCF reduction enables the customer to reduce its Scope 3.1**** emissions in accordance with the Greenhouse Gas Protocol.

In order to further reduce the PCF to net zero, BASF uses renewable raw materials according to the mass balance approach. At the beginning of the production process, fossil raw materials are replaced by the corresponding amount of certified biomethane and bio-naphtha and allocated to the sales products using the mass balance approach. ZeroPCF products are certified in accordance with the ISCC (International Sustainability and Carbon Certification) PLUS Standard.

“We are the first company in the world to offer both LowPCF and ZeroPCF options in the polyamide 6 value chain. With this portfolio, we meet the increasing demand in the industry and are helping our customers to achieve their sustainability goals,” said Pedro Serra, Head of Sales PA6 Europe at BASF.

With the addition of the Ultramid LowPCF and Ultramid ZeroPCF variants to the polyamide product portfolio, BASF’s Monomers division offers a broad portfolio of sustainable solutions and continues to pursue the goals outlined in its ”Sustainability Roadmap”. The division’s sustainable offerings are an essential part of BASF’s path to climate neutrality and net zero CO2 emissions by 2050.

BASF will present its broad polyamide product portfolio to customers and partners in line with the ”Choose to reduce” approach at Fakuma, the international trade fair for plastics processing. This fair will take place from October 15 to 19, 2024 at Messe Friedrichshafen.

*Ultramid® ZeroPCF = taking into account the “biogenic uptake”, i.e. the amount of CO2 absorbed from the atmosphere during the growth of biomass and bound over the lifetime of the material. In addition to renewable electricity and low-emission steam, the biogenic uptake enables the product’s CO2 footprint to be reduced to net zero.

**PCF = The calculation of the Product Carbon Footprint (PCF) for conventional products follows the requirements and guidelines according to ISO 14067:2018. TÜV Rheinland has determined in a method review that the PCF (SCOTT) methodology developed and used by BASF SE is scientifically sound, in line with ISO 14067:2018 and the Together for Sustainability PCF guideline and reflects the state of the art (ID no. 0000080389: BASF SE – Certipedia).

***Common industry benchmarks = relevant PCF values from critically reviewed LCA studies such as Plastics Europe

****Scope 3.1 = Emissions from purchased goods and services 

Posted: October 10, 2024

Source BASF Group

How Papertale’s Sustainable Digital Twins Are Putting People In The Picture

TW Special Report

A digital twin supply chain recently was established by Sweden-based start-up PaperTale for Sail Racing — a brand well known for its durable and long-lasting performance garments for the marine industry.

The collaboration is further highlighted as the primary case study in a just-released white paper prepared by Deloitte, as a guide to how companies could most effectively prepare for the European Commission’s upcoming Digital Product Passport (DPP) and other related legislation.

Complex Network

The PaperTale system for Sail Racing fully maps a complex network, beginning with farmers in Australia, moving to garment workers in Pakistan and finally reaching consumers in Scandinavia.

It incorporates data collection from the three countries using NFC tags and blockchain technology to provide detailed supply chain insights and ensure regulatory compliance for the brand.

“Our system captures the supply chain of a product from cradle to grave, in real-time,” said company Founder Bilal Bhatti. “By integrating it into existing planning and management systems, factories and brands can gather and verify the flow of material and their social and environmental data in real-time. Data is added to a public blockchain so it is extremely hard to tamper with, further increasing trust. When a product is finalized, consumers can scan an NFC tag or QR-code to view the entire journey a product has traveled, which craftsmen were involved in the production, and if they have been paid fairly.”

Personalization

Introducing the usually anonymous factory workers responsible for each individual garment to the person buying it is what really sets PaperTale apart from other tracking systems — a next level of personalization that will make a valuable contribution to raising the debate on the true cost of textiles.

“This technology is a game-changer in that we provide verified information about the social aspects of the manufacturing process and not just information about the components of the garment,” Bhatti said. “We need products and processes to be much more connected with people, especially in such a complex supply chain where a high percentage of the work is carried out by contract workers who are unregistered and often exploited.

“When the entire product journey is visible using real-time and verified data, higher trust is created all the way from factories to consumers. Our system makes it possible to start the dialogue on the cost of sustainability, paving the way to increase incentives that result in proper wages, contracts and workplace safety. In respect of environmental sustainability, real-time data makes real-time measurement possible, which will also stimulate brands and factories to reduce emissions, water usage and pollution.”

Benchmarks

The new Deloitte white paper, Adopting Blockchain-based E-Liability ESG reporting to comply with the upcoming CSRD regulation, confirms that PaperTale’s project with Sail Racing sets new benchmarks for sustainability and compliance. The paper can be accessed here: https://www2.deloitte.com/dk/da/pages/supply-chain-and-network-operations/adopting-blockchain-based-e-liability-esg-reporting.html

“Crucial data collected during the project enabled the development of a Digital Product Passport (DPP) and met various regulatory reporting needs,” noted lead author Henrik Knak, a supply chain specialist and director at Deloitte. “As the industry evolves, however, there is a risk of DPPs becoming mere compliance reports, but the project emphasizes the importance of focusing on extending product lifespans, improving decision-making based on impacts and promoting circularity.

“The Sail Racing case illustrates how a holistic approach can extend beyond DPPs to ensure robust traceability, accountability and social and governance responsibility across supply chains.”

While much is set still being finalized, the DPP — as well as the European Commission’s Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) — are fast approaching.

“This makes the insights from Deloitte’s white paper particularly timely and companies need to start preparing now, rather than risking non-compliance later,” Bhatti said. “We are extremely pleased that Deloitte has chosen our solution as its primary case study as we continue to refine our technology for advanced and well-balanced supply chain transparency and compliance.”

October 10, 2024

Resolutions Of The Extraordinary General Meeting Of Lenzing AG

LENZING, Austria — October 10, 2024 — On Thursday, October 10, 2024, the Extraordinary General Meeting of Lenzing AG elected Marcelo Feriozzi Bacci (until the Annual General Meeting resolving upon the discharge of the members of the Supervisory Board with regard to the business year 2028), Carlos Aníbal de Almeida Junior (until the Annual General Meeting resolving upon the discharge of the members of the Supervisory Board with regard to the business year 2028) and Markus Fürst (until the Annual General Meeting resolving upon the discharge of the members of the Supervisory Board with regard to the business year 2028) as new members of the Supervisory Board.

Following the election at the Extraordinary General Meeting, the Supervisory Board of Lenzing AG is once again composed of ten members elected by the General Meeting: Carlos Aníbal de Almeida Junior, Cornelius Baur, Helmut Bernkopf, Marcelo Feriozzi Bacci, Stefan Fida, Markus Fürst, Franz Gasselsberger, Cord Prinzhorn, Gerhard Schwartz and Astrid Skala-Kuhmann. Stefan Ertl, Stephan Gruber, Bonita Haag, Helmut Kirchmair and Johann Schernberger were appointed to the Supervisory Board by the Works Council.

Christian Bruch resigned as a member of the Supervisory Board after the last Annual General Meeting. In addition, Nicole van der Elst Desai and Melody Harris-Jensbach resigned from the Supervisory Board prematurely as of the end of the next Annual General Meeting of Lenzing AG. Lenzing AG would like to thank Christian Bruch, Nicole van der Elst Desai and Melody Harris-Jensbach for their trustful and constructive cooperation.

At the constituent meeting of the Supervisory Board following the Extraordinary General Meeting, Cord Prinzhorn was elected Chairman, Marcelo Feriozzi Bacci was elected 1st Vice Chairman and Stefan Fida was elected 2nd Vice Chairman of the Supervisory Board.

Posted: October 10, 2024

Source Lenzing Aktiengesellschaft

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