Albany International Announces Stephen M. Nolan As New CFO And Treasurer

ROCHESTER, N.H. — March 29, 2019 — Albany International Corp. announced today that its board of directors has appointed Stephen M. Nolan as CFO and treasurer to succeed John Cozzolino, effective April 1, 2019.

Nolan has more than 16 years of experience in operational and strategic finance, most recently serving as CFO for Esterline, where he co-led the recently completed sale of Esterline to TransDigm Group Inc.

Nolan had served as CFO of Esterline since February 2018. Prior to this role, he was the CFO for Vista Outdoor Inc., a publicly traded manufacturer of outdoor sports and recreation products, and worked on the formation and spin-off of Vista Outdoor from its aerospace and defense parent company Alliant Techsystems (ATK) in 2015, as well as the related merger between ATK and Orbital Sciences to create Orbital ATK. Prior to that time, Nolan worked in a number of strategic and operational management roles within ATK, including senior vice president for Strategy and Business Development and several business unit leadership positions. Earlier in his career, Nolan served for five years in corporate development and strategy roles at Raytheon Co. and five years as a strategy consultant at McKinsey & Co.

Nolan, 49, began his career in engineering, designing freeway traffic management systems. He has a bachelor’s degree in engineering from Trinity College, the University of Dublin, a master’s degree in civil engineering from the University of Massachusetts Amherst, and an MBA from the Massachusetts Institute of Technology.

Olivier Jarrault, Albany’s president and CEO, said, “I am very pleased to welcome Stephen Nolan as our new CFO and Treasurer. Stephen brings extensive experience within the aerospace and defense sector, and an impressive track record of strategic execution — most recently with the successful sale of Esterline to TransDigm — as well as a history of success serving in senior financial and business management roles in a number of global manufacturing environments. I am confident that his expertise in financial and strategic planning, combined with his results-oriented business leadership skills, will be of significant value to me and the senior management team as we all strive to achieve Albany’s objectives.

“As a valued member of the company’s senior management team for many years, and CFO and Treasurer since 2011, John Cozzolino has played a critical leadership role in managing the company’s capital structure and access to capital, overseeing investor and analyst communications, and negotiating and facilitating the transformative strategic transactions that helped bring Albany to where it is today. On behalf of the company and the Board, I thank him for his significant contributions and wish him all future success in his post-Albany career.”

Nolan said, “I am privileged to have the opportunity to join Albany as CFO and treasurer. I look forward to reaching out to our investors, analysts and banking partners, my new co-workers, the entire Albany organization, and the board over the coming days to introduce myself and establish a relationship with each of you. I am pleased to be able to join with Olivier and the other members of his management team to continue, and to further expand, the efforts already underway to deliver greater value to our customers and increased returns to our shareholders.”

Posted April 3, 2019

Source: Albany International Corp.

Kaman Receives Bell AH-1Z Blade Skin To Core Award

WICHITA, Kan. — April 1, 2019 — Kaman Composites Wichita (KCW), a division of Kaman Aerosystems (Kaman), announced today that it has been awarded the manufacture, and supply of composite skin to core assembly structural components for the Bell AH-1Z’s helicopter blades.

“This award further exemplifies Bell’s confidence in Kaman Composites Wichita as a leading aerospace composite structures supplier. We are proud that Bell has placed these flight critical components into our facility,” stated Mark Withrow, vice president and general manager, Kaman Composites U.S.

Bell has been successfully producing the AH-1Z helicopter for the U.S. Marine Corps at their Amarillo, Texas, manufacturing facility since 2003.

All composite detail parts and assemblies will be manufactured and delivered from the KCW facility in Wichita, Kansas. Deliveries will begin in 2019 and extend through 2023.

Posted April 3, 2019

Source: Kaman Composites Wichita

Ascend Performance Materials Receives Wildlife Habitat Council Conservation Certification®

HOUSTON — April 2, 2019 — Ascend Performance Materials announced today that its wildlife sanctuary maintained at the company’s Pensacola site has received the Wildlife Habitat Council Conservation Certification.

The Ascend Pensacola Plant Wildlife Sanctuary, first certified by the Wildlife Habitat Council in 1994, comprises 2,000 acres, 1,300 of which are primarily “undisturbed” land managed by employee volunteers.

“One of Ascend’s values is ‘we care,’ which means not only caring about our fellow employees but also caring about the communities we operate in and our environment,” said Sharhonda Owens, senior quality specialist for Ascend’s Pensacola site and Wildlife Sanctuary coordinator. “We’ve been in the Pensacola community for more than 50 years and we feel a strong sense of responsibility to leave things better today and tomorrow than when we came. Preserving the land and wildlife on it is personal for us.”

Volunteers manage the land with bluebird nest box monitoring, bat boxes, wildflower and pollinator beds, gopher tortoise nest monitoring, a white-tailed deer management program and a number of other conservation projects.

“The Ascend Pensacola Plant Wildlife Sanctuary is recognized as meeting the strict requirements of WHC Conservation Certification,” said Margaret O’Gorman, president of WHC. “Companies achieving WHC Conservation Certification, like Ascend Performance Materials, are environmental leaders, voluntarily managing their lands to support sustainable ecosystems and the communities that surround them.”

Ascend will be recognized at the 2019 WHC Conservation Conference in November and eligible for a WHC award.

Posted April 3, 2019

Source: Ascend Performance Materials

J.Jill Inc. Appoints Kelly Mooney To Board Of Directors

QUINCY, Mass. — April 3, 2019 — J.Jil Inc. today announced the appointment of Kelly Mooney to its board of directors, effective immediately.

“Kelly has a wealth of experience in customer insight, digital marketing and e-commerce, and I am truly excited to welcome her to J.Jill’s board of directors,” said Michael Rahamim, J.Jill’s chairman. “Her cutting-edge expertise in these crucial areas will be extremely valuable as J.Jill positions itself for growth.”

“I am honored to be joining J. Jill’s board of directors,” said Mooney. “I admire J.Jill’s commitment to its ongoing evolution as a brand and its focus on delivering exceptional omni-channel shopping experiences for women.”

Mooney joined IBM iX North America in September 2017 and served as chief experience officer until May 2018. Prior to this, Mooney held various executive roles for Resource/Ammirati, a digital marketing firm, including CEO; president; and chief experience officer and director of intelligence. Mooney helped grow Resource/Ammirati to be one of the largest independent and female-owned digital agencies in the U.S. by attracting numerous Fortune 500 clients. In 2016, Mooney and her partners sold Resource/Ammirati to IBM to become part of IBM iX, one of the largest digital consultancies in the world. Mooney is a member of the board of directors of Sally Beauty Holdings Inc., an international specialty retailer and distributor of professional beauty supplies.

Posted April 3, 2019

Source: J.Jill Inc.

Indorama Ventures Strategic Investment Into IRSL In India

BANGKOK — April 3, 2019 — Indorama Ventures Public Co. Ltd. (IVL), a global chemical producer, announced that it has completed the share purchase of 83,000,000 newly issued shares in Indo Rama Synthetics (India) Ltd. (IRSL), equaling to approximately 31.79 percent of IRSL’s enlarged share capital at the price of INR 36 per share. IRSL is a fiber manufacturing facility located in Nagpur, Maharashtra state, India. This facility has a combined capacity of 605,000 tonnes/annum, consisting of polyester chips, fibers and filament yarns.

IRSL is a strong strategic fit with IVL’s Fiber strategy in home and apparel, where the company focuses on building a low-cost position in Asian operations and leveraging innovation in high-margin growth markets. This strategic investment provides IVL entry into a large domestic market where local presence gives duty and logistic benefits.

IVL has already invested in India over three years in the PET business. India is the second largest polyester market in the world after China with consumption growing at about 7.0 percent per annum, with a population of 1.2 billion. India’s per capita consumption of polyester is about 3 kg, compared to 14 kg in China. This low level per capita consumption is expected to increase along with the rise in India’s per capita GDP, which will provide affluence-related consumption and opportunities for growing into more functional and High Value-added (HVA) products. IVL is in a strong position to benefit from this evolving trend, backed by its strong R&D capabilities.

The textile industry contributes 15 percent of India’s exports and employs 4 percent of the population and therefore has an important part in India’s industrial policy.

Aloke Lohia, group CEO of Indorama Ventures, said: “This strategic investment is another step in executing our strategies to position IVL for sustainable growth. India has been on our radar for some time. It is the only large domestic market for fibers where we are not present. The market for fiber in India is expected to grow exponentially and is still largely untapped.

India is the largest textile market and IRSL has a key position. The strategic investment is expected to grow shareholder returns. This market has a large, untapped potential that will be highly lucrative as it expands.

As a company listed in the Dow Jones Sustainability Index, we put the circular economy and sustainability as a priority. We will bring our knowledge and expertise of recycling to play a role in the creation of awareness and practices thus protect the environment and society.”

Posted April 3, 2019

Source: Indorama Ventures (IVL)

Martin Böschen New President Of BIR Textiles Division

BRUSSELS, Belgium — April 3, 2019 — The board of the BIR Textiles Division has appointed Martin Böschen as new divisional President.

Böschen is CEO of TEXAID AG, a charity-private partnership based in Switzerland focused on the collection, sorting and recycling of used textiles, with activities in several European countries. He has been working in this position since 2004 and has contributed to the development of TEXTAID from a local Swiss company to one of the leading organizations in the industry.

TEXAID, a long-standing BIR member, was founded as a charity-based private partnership by six Swiss aid organizations, along with a private partner and know-how providers. The group, which has more than 1,000 employees in six countries, implements efficient collecting logistics at its own sorting facilities in Switzerland and abroad, and achieves an annual group-wide collection volume of more than 80,000 metric tons.

In his capacity as Textiles Division President, Böschen is a member of the BIR Executive Committee and serves as vice president of the organization. BIR President Ranjit Baxi commented that he is very much looking forward to working with Böschen, whose knowledge of the business and the global challenges facing our industry will be a great asset to BIR and its leadership.

Böschen’s appointment was unanimously agreed by the divisional board at their last meeting in Brussels on 26th March 2019 and will be formally endorsed by delegates at the division’s next plenary meeting in Singapore in 2019.

Posted April 3, 2019

Source: BIR Textiles Division

58th Dornbirn-GFC — Communicating Fiber Innovations September 11 – 13, 2019

VIENNA, Austria — April 3, 2019 — More than 100 international speakers from industry and research will present the latest innovations of the fiber and textile industry at the Dornbirn-Global Fiber Congress (GFC) 2019 from September 11-13, 2019. As generator of ideas and networks, the 58th Dornbirn-GFC would especially like to offer the platform to young companies by organizing a Startup Event in cooperation with PricewaterhouseCoopers (PwC), a worldwide leading and internationally operating auditor and consulting firm. As the world’s biggest Fiber Innovation Congress, the Dornbirn-GFC has been an inherent part in the calendar of approximately 700 participants of more than 35 nations.

DORNBIRN-GFC as Generator of Ideas and Networks

Last year, more than 700 international participants — 70 percent from Europe and 30 percent from Asia and America — utilized the Fiber Innovation Congress in Dornbirn as networking platform and 50 new companies were welcomed to the congress.

The crème de la crème of the fiber industry as well as international global players of the entire value chain will be present at the 58th Dornbirn-GFC. This year, the congress is entirely dedicated to the topics of sustainability and digitalization. Thus, the top-class lead sponsor Lenzing Group, Indorama Ventures and Märkische Faser as well as PricewaterhouseCoopers (PwC), Microsoft and Palo Alto Networks will be expected as important partners.

More than 100 expert lectures concentrate on the following key themes:

  • Fiber innovations;
  • Circular economy and recycling;
  • Digitalization and smart textiles;
  • Surface modification and additives;
  • Sports and leisure wear; and
  • Nonwovens and technical textiles.

A few Highlights of this Year’s Congress:

  • A CEO panel and a panel discussion on digitalization will accompany the expert lectures of more than 100 international speakers.
  • Austrian’s federal minister of Digital and Economic Affairs as well as high-level industry leaders of Lenzing, Indorama Ventures, Oerlikon, Microsoft, Palo Alto Networks, PwC and others are looking forward to a highly interesting discussion.
  • In cooperation with PwC, 50 “Startups” will be invited and given the opportunity to present their business models in Dornbirn.

Because of success, the “Young Scientist Forum” will also be held for the fourth time. The workshop will take place on September 10, 2019, under the leadership of the industrial consultancy SYNGROUP. The purpose, inter alia, is to enhance and enable a network amongst young scientists.

Because of the vast interest from industry and trade and the strong support of the EU Commission “Circular Economy” is a focal point this year again.

International Cooperations

In recent years, various cooperations have been initiated in order to support and promote the Dornbirn-GFC. These efforts will be extended in 2019.

Techtextil – May 17, 2019, Frankfurt, Germany

The Dornbirn-GFC organizes a symposium on “Sustainable Fiber Innovations and Applications” at the Messe Frankfurt’s Techtextil Forum on May 17, 2019.

Take part in the Techtextil Forum on May 17, 2019 (Hall 4.1/J39) or get more information at the Techtextil fair booth (Hall 4.2/C27).

More information on the programme can be found on www.dornbirn-gfc.com/news.

EDANA

EDANA, an international association of nonwovens manufacturers, supports the Dornbirn-GFC very constructively through the organization of highly qualitative lectures from the nonwovens industry as well as enabling the participation of young scientists of the industry in the “Young Scientist Forum“.

TAPPI

TAPPI, which is a big U.S.-based “Learning & Networking” organization for the industry is cooperating with Dornbirn-GFC in the promotion of the congress.

Sponsors as the Key Elements of the Success of Dornbirn-GFC

Particular emphasis should be placed on the economic region Land Vorarlberg and “the smart city” Dornbirn which have tremendously supported the congress since its foundation.

Lenzing AG, the associations CIRFS (European Fiber Association) and IVC (German Fiber Association) are the initiators of this annual congress.

Lenzing AG, an innovative cellulose fiber producer — this impressive company with high innovative power will be represented as the lead sponsor of the congress.

It is especially delightful to have gained PwC as an important partner for the Dornbirn-GFC 2019.

The renowned sponsors of last year’s congress as well as several new sponsors will contribute to the success of the event in 2019:

  • AVANTEX/Messe Frankfurt France (FRA);
  • Techtextil/Messe Frankfurt (GER);
  • CHT Beitlich (GER);
  • CIRFS (BEL);
  • Dralon (GER);
  • Ecoplus. Niederösterreichs Wirtschaftsagentur GmbH (AUT);
  • EDANA (BEL);
  • Gherzi Textil Organisation (SUI);
  • Glanzstoff Industries/Indorama (AUT);
  • Groz Beckert (GER);
  • IFG Asota (AUT);
  • IKV Innovative Kunststoffveredlung (GER);
  • Kunstuniversität Linz (AUT);
  • Land Vorarlberg (AUT);
  • Lenzing AG (AUT);
  • Märkische Faser (GER);
  • Microsoft (AUT);
  • Oerlikon Manmade Fibers (GER);
  • Perlon Nextrusion Monofil (GER);
  • PricewaterhouseCoupers PwC (AUT);
  • PHP Fibers/Indorama (GER);
  • Saurer AG (SUI);
  • Stadt Dornbirn (AUT);
  • SYNGROUP (AUT);
  • WISTO – Wirtschaftsstandort Vorarlberg GmbH (AUT); and
  • WKO Wirtschaftskammer Vorarlberg (AUT).

Dornbirn-GFC App

Improving the flow of communication and information throughout the congress is the main purpose of the app. It enables participants to familiarize themselves with speakers, participants and exhibitors as well as to arrange personal meetings prior to the congress. In 2018, the app was utilized by more than 50 percent of the participants. In 2019, an expansion of its functions is planned.

Networking Event on the Last Day

In 2018 for the first time, a networking event took place as closing of the Dornbirn-GFC on the last conference day. More than 100 congress participants enjoyed the Dornbirn-GFC closing party in a cozy atmosphere. The charming event enhanced the participants’ networking once again. A similarly special networking event will be organized again this year.

Dornbirn-GFC on Social Media

Updated information about the Dornbirn-GFC can be found on:

  • LinkedIn/Dornbirn-GFC
  • Facebook/Dornbirn-GFC
  • Instagram/@dornbirn-gfc.

In order to enlarge the “Dornbirn-GFC Innovation Community” every day, sharing of our postings within your contacts would be highly appreciated.

Posted April 3, 2019

Source: DORNBIRN GLOBAL FIBER CONGRESS (Dornbirn-GFC)

Cone Denim Launches Next Evolution Of Sustainblue™ — Eco-Friendly Salt-Free Denim In The Americas

GREENSBORO, N.C. — April 2, 2019 — Cone Denim® has launched the next evolution of its Sustainblue™ collection with eco-friendly Distilled Indigo™denims. Cone is bringing Dystar’s Cadira® Denim dyeing process to the Americas as part of its commitment to sustainable solutions and innovation. Cadira styles of Distilled Indigo will debut at Kingpins Amsterdam, April 10-11, 2019.

Distilled Indigo fabrics are dyed using pre-reduced liquid indigo dyes which are the cleanest in the market, reducing chemicals and achieving energy and water savings. As the first mill to introduce Cadira Distilled Indigo in the western hemisphere, this collection combines Dystar® Indigo Vat 40% Solution, the most eco- awarded Indigo in the world, with the ecologically advanced reducing agent Sera® Con C-RDA to create a salt-free dye that completely eliminates hydrosulphite. The Cadira process reduces water, waste and energy consumption, and results in strong effluent load reduction to better support mills, brands and retailers in their efforts to reduce the carbon footprint of their goods.

“As a leader in the evolution of sustainable denims, we are excited to offer Cadira to our customers,” says Pierette Scavuzzo, director, product design for Cone Denim. “Our partnership with Dystar reflects our shared commitment to sustainable products and continued innovation. Cadira Distilled Indigo fabrics are part of Cone Denim’s Modern Retro capsule, capturing the authentic spirit of denim, with the most sustainable ingredients and the highest standard of S Gene® stretch performance. Better for the earth; better for our brand partners.”

Posted April 3, 2019

Source: Cone Denim®

Gene Kiela II Retires From Curt G. Joa Inc.

SHEBOYGAN FALLS, Wis. – March 25, 2019 — Curt G. Joa Inc., a global custom-engineering design and machine-building company, announced today that Gene Kiela II will retire as company president effective April 24, 2019, completing the transition begun in 2018.

Kiela II joined Curt G. Joa Inc. in June of 1980. Prior to joining the company, he received a Bachelors of Science degree in Mechanical Engineering from the University of Wisconsin-Madison. Kiela II is a grandson of the founder, Curt G. Joa, and as such has grown up in the closely held, family owned business for most of his life. In his nearly 40-year career with JOA, Kiela II learned the business from the floor up, starting out as a field service technician, then design engineer, sales engineer and sales manager. In 1985, he was appointed to the board of directors, where he continued his learning under the guidance of Mr. and Mrs. Joa, until their passing in November 1998 and January 1999, respectively. He served as company president since 2010. Kiela II’s successor, Richard “Rick” Michaletz, was announced in August 2018.

“Throughout the search process for my successor, we knew we had the time and family support to get it right.” stated Kiela II. “We are delighted that Rick has joined Curt G. Joa Inc. as Company President. Rick’s experience and leadership abilities build upon the strong relationships we share with our customers, employees, suppliers and family,” Kiela II said. “Furthermore, I have utmost confidence, along with the Joa family and board of directors, that Rick and our leadership team will ensure that JOA will remain JOA: a confidential, independent, innovative and reliable partner to support the business needs of our customers. Now is the right time for the Company and for me to transition into retirement. I am looking forward to my continuing interaction with our leadership team from my position on our board.”

He continued on a personal note, stating: “I want to express my deep appreciation for the opportunity to work with and benefit from so many talented and dedicated colleagues. My career with JOA has also allowed me to engage with people at all levels of organizations and I thank them for allowing me to help support their goals and priorities.”

Prior to joining the company, Michaletz spent over 20 years (1995-2017) with the Bemis Company in Oshkosh, Wis., where he held a variety of leadership positions, most recently as the senior vice president, commercial for Bemis North America. Prior to that role, Michaletz served as president of Bemis Europe while residing in Brussels, Belgium, for more than three years. Michaletz earned his Industrial Engineering degree from the University Wisconsin-Madison and his Masters of Business Administration from the University of Rochester.

Michaletz stated: “My father was a skilled tradesman from Germany who built his family business in the Sheboygan Falls area on solid customer loyalty, and I knew Curt G. Joa Inc. had the same focus on customers. I am delighted to be back home and leading this organization.”

Posted April 3, 2019

Source: Curt G. Joa Inc.

Braskem America Announces New U.S. Distribution Partnership With PolyQuest

PHILADELPHIA, Pa. – March 25, 2019 — Braskem — the largest thermoplastics polyolefins producer in the Americas, and the leading producer of biopolymers in the world — today announced a new U.S. distribution partnership for Braskem’s growing U.S. polypropylene (PP) business with PolyQuest Inc., a North America-based polymer resin distributor and recycler. As a distributor of polypropylene, and the largest distributor of PET in the U.S., PolyQuest has long-standing relationships with customers in the sheet, film, textiles, strapping and BCF markets.

Mark Nikolich, Braskem America CEO, commented, “We’re pleased to be partnering with PolyQuest to expand our reach and presence with new clients and sectors, accelerating our market share growth, as well as supporting our position as the largest producer of polypropylene in the Americas. Just as importantly, PolyQuest shares a focus on advancing the future of the circular economy through a commitment to sustainable development. We look forward to leveraging our expertise in polypropylene recycling and closed-loop technologies with PolyQuest’s established U.S. recycling facilities. Our leverage across these activities will only grow in importance as Braskem remains on track to launch Delta, our new U.S. 450 kiloton polypropylene production line in early 2020.”

Tod Durst, PolyQuest executive vice president, commented: “There is no better partner for PolyQuest in the polypropylene market than Braskem and we look forward to expanding our relationship responsibly and rapidly. The expansion of our resin offerings in the U.S. to include polypropylene was a logical one for us as it further enhances our position as a value-added supplier to an important and growing segment of the industry. We’re delighted that the partnership occurred organically through one of our joint strategic packaging clients.”

With an increased focus from both producers, converters and brand-owners towards a sustainable and recyclable raw material, PolyQuest aims to provide a solution for post-consumer polypropylene products in the marketplace through its recycling facilities in New York and South Carolina. PolyQuest’s goal is to introduce several post consumer polypropylene recycled capabilities to customers in 2019.

Braskem has committed up to $675 million towards the design and construction of its new PP production line named Delta which is being constructed next to Braskem’s existing production facilities in La Porte, Texas. With main construction ongoing, Delta is targeted for initial production in early 2020. The new plant will have a production capacity of 450 kilotons (kt), or the equivalent of approximately 1 billion pounds, per year.

The new Delta line will represent additional production capacity of homopolymers, random copolymers, impact copolymers, and reactor TPOs, building upon Braskem’s current polypropylene production plant in La Porte which has a production capacity of 354 kt annually and will continue operations. Braskem also maintains a UTEC ultra high molecular weight polyethylene (UHMWPE) production plant located at the same La Porte site.

The construction of Braskem’s new Delta production line is positively impacting economic activity in the La Porte region, employing approximately 1,000 development and construction workers to fully construct the facility. The Delta production line design is being developed directly in-line with Braskem’s commitment to sustainability and attention to eco-indicators such as emissions, water, and energy efficiency, as well as recycling and waste reduction.

Posted April 3, 2019

Source: Braskem North America

Sponsors