Naked Brand Group Limited Announces Term Sheet for $25 Million Strategic Investment from Sapinda Holding B.V.

SYDNEY — August 28, 2018 —  Naked Brand Group Ltd. has entered into a non-binding term sheet to receive a $25 million strategic investment from Sapinda Holding B.V., a European investment firm and owner of the globally recognized Italian luxury-lingerie firm La Perla.

If the investment contemplated by the term sheet is completed, it will provide unique operating synergies, investment capital that would support strategic acquisitions, as well as direct-to-consumer and eCommerce initiatives globally.

“We are pleased to announce the term sheet for a proposed $25 million strategic investment from Sapinda, owner of the globally recognized Italian luxury-lingerie firm La Perla, which we view as a validation of our operating model and strategy,” said Justin Davis Rice, CEO, Naked Brand Group. “If completed, this investment will provide us with additional capital to support our plans to complete accretive strategic acquisitions to better utilize our under-leveraged operating infrastructure. We have identified several attractive opportunities within the eCommerce and direct-to-consumer space that we believe have the potential to create notable shareholder value over the long term. I look forward to announcing new developments surrounding these strategic initiatives as appropriate,” concluded Davis Rice.

Established in 2009, Sapinda is a diversified global investment group focused on special situation investment opportunities across continental Europe, Africa, Middle-East and Asia.  In February 2018, Sapinda acquired 100 perecent of the shares of La Perla Global Management (UK) Ltd., the parent company of La Perla Group, a leading global luxury-fashion brand, rooted in lingerie. Founded in 1954 by Ada Masotti and now headquartered in London, La Perla is a global luxury-shopping brand employing more than 1,500 people in over 150 global locations, with flagship stores in all key metropolitan cities in America, Europe, the Middle-East and Asia and with over 140 million euros in FY2017 revenues.

“We have been looking at the luxury goods sector for a while and are delighted to have this opportunity to invest in Naked Brand Group,” said Lars Windhorst, co-founder and CEO of Sapinda. “Since the merger with Bendon, Justin and his team have a unique opportunity to continue to take the business forward. We expect to bring synergies across Naked and La Perla in terms of business intelligence through greater digitalization and shared knowledge across key product categories. We hope that our strategic investment, coupled with our expertise through La Perla, will help Naked to improve its global presence and enhance its position in the lingerie and swimwear industry,” concluded Windhorst.

About the Proposed Transaction

The proposed transaction contemplates an equity investment by Sapinda (or its affiliates or designees) in Naked through a private placement of up to 5,000,000 newly issued ordinary shares of the company for a price per share of $5.00. The Company will not issue to Sapinda New Shares representing in excess of 19.99 percent of the total issued ordinary shares of Naked. The issuance of the New Shares is expected to occur through a private placement exempted from registration with the U.S. Securities and Exchange Commission (SEC).

The non-binding term sheet provides for the company to file a registration statement with the SEC within 30 days of the closing of the investment for purposes of registering the New shares. It further provides that, subject to the limit of 19.99 percent of the total issued ordinary shares of Naked, the number of new shares issued to Sapinda will be increased to the extent the volume weighted average price per share is lower than $5.00 during the 90 days after effectiveness of the registration statement. In addition, so long as Sapinda owns at least 19 percent of the total issued ordinary shares of Naked, the non-binding term sheet provides for Sapinda to have the right to designate one member of Naked’s board of directors.

The execution of the non-binding term sheet for the investment does not constitute a commitment on the part of Sapinda to invest in the company. Such investment is contingent on the parties agreeing on the terms of a definitive agreement relating to the investment. There can be no assurance that the company will enter into a definitive agreement for the investment, and even if it does, there can be no assurance that any necessary approvals for the investment will be obtained and any conditions to the investment will be satisfied or waived. Accordingly, there is no assurance that the proposed investment will ever occur.

This notice is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Posted August 28, 2018

Source Naked Brand Group Limited

12 ReTech’s Lexi-Luu Dancewear Is “Made In The USA” And Selling In Asia

CARSON CITY, Nev./HONG KONG — August 28, 2018 —  12 ReTech Corp. announced today that its Emotion Fashion Brands, Inc’s Lexi-Luu Dancewear is to be sold in Asia. A distribution contract was recently signed between Emotion Fashion Brands Inc. and Global Outlets Group Inc., a U.S.-based distributor who successfully brings American manufactured products and brands to countries such as Taiwan, Hong Kong, Japan, Macao, China and Vietnam.

This contract will allow Global Outlets to sell Lexi-Luu branded merchandise in its distribution territories for four years. Global Outlets Group plans to sell $1 million of Lexi Luu Dancewear in the first year, the minimum annual merchandise purchase guaranteed is $500,000, with any unpurchased amount between $500,000 and $1 million being added to the second year’s minimum guarantee. The contract specifies a higher minimum purchase guarantee each year with the fourth year’s minimum purchase guarantee set at $10,000,000.

Lexi-Luu Dancewear is one of the micro brands that 12 ReTech acquired on May 1, 2018, as part of its Emotion Fashion Brands acquisition. Emotion Fashion now operates in Salt Lake City and is ramping up its manufacturing operations to be able to meet domestic and international demand. Recently, Utah was ranked third by CNBC in its “America’s Top States for Business 2018” scorecard which is part of the reason for the move from California.

Hub Blanchett, Emotion Apparel’s CEO, commented: “I am very pleased that Lexi-Luu Dancewear will be available to parents in a larger part of the world. We have brightened the smiles of children in the USA for many years, and now the time to bring our dancewear to the rest of the world has arrived.”

Angelo Ponzetta, 12 ReTech’s CEO, previously stated: “Lexi-Luu is a timeless brand of kid’s dancewear that is well recognized in the “dance world”. That our products are ‘Made in the USA’ has been well received by families with young children in our primary geographic market. Hub’s team has worked closely with us and because of that, we are now ready, ahead of schedule, to grow our sales and extend our brand awareness into worldwide consumer markets.”

Hub concluded: “Many demographics on foreign lands want to experience the American lifestyle. In the 70’s, for example, famous apparel brands such as Levi’s, Lee and Wrangler were sought out in the rest of the world and became iconic symbols of American culture. We think that American culture is resurging again and Emotion Fashions is ready to meet that need in the worldwide markets. The new contract was brought to us by the 12 ReTech team who operates internationally. Their reach is one of many reasons why we joined up with them. We never would have seen this opportunity without 12ReTech.”

Ponzetta concluded,” We are working hard on our 12 Technology Suite and expect to be able to announce additional strategic partnership(s) in the near future to bring value to our prospective retailers.

Posted August 28, 2018

Source 12 ReTech Corporation

Tarkett To Acquire Lexmark

PARIS — August 27, 2018 —  Tarkett, a producer of flooring and sports surfaces solutions, has signed an agreement to acquire 100-percent of Lexmark Carpet Mills.

Lexmark produces high-quality carpet, primarily for the North American hospitality segment. Lexmark is a well-recognized brand among leading hospitality chains. In recent years, the company has extended its product range to address the residential market.

Headquartered in Dalton, Ga., Lexmark achieved around $120 million of sales in 2017, employs 460 people and operates one plant in the United States. Lexmark has demonstrated a strong and profitable growth model, particularly through the successful acquisition of Northwest Carpets in 2015, a manufacturer of broadloom carpet for hospitality and niche commercial applications.

“The acquisition of Lexmark will position Tarkett as one of the leaders in the hospitality segment for carpets in North America,” explained Glen Morrison, CEO, Tarkett. “We will be able to further strengthen Lexmark’s offering in this segment as they will have access to Tarkett’s broader product portfolio. We will also leverage Tarkett’s global presence to enhance Lexmark’s positioning with key accounts worldwide.”

“We are very excited to join Tarkett with whom we share the same vision and entrepreneurial values, as well as a strong commitment to servicing customers with solutions designed to meet a wide range of needs,” comments Paul Cleary, CEO of Lexmark. “Within the Tarkett group, we will be able to offer a larger choice of products to our customers and partners and provide an even stronger offering.”

While the acquisition will be immediately accretive to Group EBITDA margin, Tarkett has also identified sales and supply chain synergies with its North America carpet activities.

The transaction will be financed with an existing credit facility. After the acquisition, Tarkett expects its net consolidated debt leverage ratio to be around 2.5x EBITDA (proforma) at the end of the year.

The transaction is expected to be concluded before the end of this year, subject to regulatory approval and other customary closing conditions.

Posted August 28, 2018

Source: Tarkett

International Trade Lawyer David Stepp Joins Crowell & Moring In Los Angeles

LOS ANGELES — August 27, 2018 —  Crowell & Moring LLP is pleased to announce the addition of David R. Stepp as a partner in the firm’s International Trade Group in Los Angeles. With more than 30 years of experience, Stepp provides strategic counsel on global customs and international trade compliance. At Crowell & Moring, he will advise multinational companies and importers as they move goods across borders and establish subsidiaries around the world. He joins the firm from Bryan Cave Leighton Paisner LLP.

Stepp’s arrival expands the presence of the firm’s recognized International Trade Group into California, further broadening the global practice’s reach to serve clients across the Pacific Rim.

“David’s global customs experience represents a wonderful addition to our International Trade Group,” said Philip T. Inglima, chair of Crowell & Moring. “Further building our highly-regarded trade practice is a firm priority, and David’s presence in California presents new opportunities for us. He has a well-earned reputation as a trusted advisor, and his experience will be a tremendous benefit to many of the firm’s clients.”

Stepp’s practice focuses on customs compliance and counseling, including tariff classification, valuation, country of origin marking, free trade agreements, Customs-Trade Partnership Against Terrorism (CTPAT) participation, and other international trade regulatory requirements. He also advises companies on their e-commerce strategies globally, conducts global customs and international trade audits, and counsels clients on improving, benchmarking, and coordinating compliance programs across borders. He also has experience in advising on trade remedies and coordinating government investigations, including FCPA matters. His clients span a range of industries, including retail, e-commerce, aerospace, motor vehicles, steel, food, agriculture, textile/apparel, footwear, electronics, cosmetics, and other consumer goods.

“Given the current trade wars and uncertainties of the global trade environment, clients are hungry for deft guidance to minimize tariffs, resolve supply chain disruptions, and secure market access,” said John Brew, chair of the firm’s International Trade Group. “David has a strong trade practice and skill set that meets all of these client needs, and is focused on the movement of goods and services in Asia. His practice meshes well with our existing trade group and expands our capabilities to provide counsel on emerging trade issues worldwide.”

Stepp has practiced in Los Angeles, Singapore, and Washington. He joined Bryan Cave as a partner in 2005, and he later served as managing partner of Bryan Cave’s Singapore office (2014-2017), coordinating regulatory issues for clients across Asia. While in Singapore, he led initiatives focused on strategic business and professional development in Southeast Asia. His previous experience includes working with a major U.S. customhouse broker where he advised the company’s importing clients on U.S. customs practices and procedures. He is admitted to practice before the U.S. Court of International Trade and the U.S. Court of Appeals for the Federal Circuit.

“The firm is strongly committed to strengthening our litigation and regulatory capabilities in California, and David’s arrival provides further momentum in that effort,” said partner Jason C. Murray, the head of Crowell & Moring’s Los Angeles office and co-chair of the firm’s global Antitrust Group.

Stepp is active in the international trade and legal communities in California. He currently serves on the Board of Directors for the Northern California World Trade Center. He also taught the Los Angeles Customs Brokers and Freight Forwarders Association’s semi-annual course for ten years, preparing students to take the customs brokers licensing test. He previously served as chairman of the International Visitors Council of Los Angeles; president of the Global Legal Customs Association; and co-chair of the ABA Customs Law Committee.

“I am excited to join Crowell & Moring,” Stepp said. “The firm’s International Trade Group is well known and regarded, and I am pleased to help establish the group’s West Coast presence and help us open further avenues to support clients in the Asia-Pacific region. The firm’s full range of regulatory and litigation capabilities is a tremendous asset to my clients and my practice.”

Stepp received his J.D. from the University of Georgia and his A.B. from Duke University. He is a frequent author and speaker on global customs and international trade issues. He authored a guidebook on NAFTA procedures for a major U.S. electronics trade association and lectured in Asia, Europe, and the Americas on the scope and effect of many bilateral and multilateral free trade agreements.

Posted August 28, 2018

Source: Crowell & Moring LLP

Materials Sciences Corp. Expanding Its Greenville County Operations

COLUMBIA, S.C. — August 16, 2018 —  Materials Sciences Corp. (MSC), a technology-driven designer and advanced manufacturer of composite materials and structures for government and industry, has formally announced plans to expand its presence in Greenville County with the addition of a second facility. The company’s $2.7 million capital investment is projected to create 23 new jobs over the next five years.

Headquartered in Horsham, Pa., MSC was established in 1970 as an engineering services organization, providing research, design, analysis, testing and prototyping of composite materials. The company has nearly 50 employees, including 30 engineers, in existing operations in Alabama, Pennsylvania and South Carolina and is globally-recognized for its development of specialty algorithms that simulate and predict composite performance. MSC’s proprietary technologies allow it to develop custom composite materials for clients in the commercial, defense, energy and recreation sectors.

The company’s new, 32,000-square-foot facility will be located at 101 Pelham Davis Circle in Greenville, S.C. and will complement continuing operations at MSC’s existing facility, which is situated at the South Carolina Technology and Aviation Center in Greenville, S.C. The new facility will allow for increased research and development opportunities, as well as the manufacturing and commercialization of advanced composites for use in commercial applications. Hiring for the new positions is expected to begin in the fall of 2018, and interested applicants can visit the company’s website for more information.

“Our mission is to continuously develop, test, improve and manufacture advanced materials that can be transferred into applications of high value,” said Tom Cassin, president and CEO, Materials Sciences Corp. “We have been very pleased with our operations in Greenville County and South Carolina and look forward to continuing to grow and contribute to the success of the Palmetto State.”

“We’re proud to celebrate anytime a company decides to strengthen its commitment to our state and its people,” said South Carolina Governor Henry McMaster. “This is a milestone for Materials Sciences Corporation and Greenville County, and I’m excited to see such a strong partnership continue to thrive moving forward.”

“Companies like Materials Sciences Corporation find success in South Carolina thanks to the pro-business environment we’ve worked hard to cultivate,” said Secretary of Commerce Bobby Hitt. “I congratulate both Materials Sciences Corporation and Greenville County on this wonderful announcement and look forward to seeing the Upstate manufacturing community continue to grow.”

“Materials Sciences Corporation is a versatile and respected advanced manufacturing company specializing in materials development, product design and specialty manufacturing,” said Greenville County Council Chairman H.G. “Butch” Kirven Jr. “The company established a facility here in 2013 and found everything it needed to succeed. County council is very proud that they are adding a second facility in Greenville County, and we wish them great success.”

FAST FACTS

  • Materials Sciences Corporation is adding a second facility in Greenville County.
  • $2.7 million investment to create 23 new jobs.
  • Materials Sciences is a leading designer and advanced manufacturer of composite materials and structures for government and industry.
  • Located at 101 Pelham Davis Circle, Greenville, S.C., the new facility will allow for increased research and development capabilities and provide space for the manufacturing and commercialization of advanced composites.

Posted August 28, 2018

Source: South Carolina Office of the Governor Henry McMaster

Americo Acquires Strategic Assets Of U.S. Cocoa Mat

ACWORTH, Ga. — August 27, 2018 — Americo is pleased to announce the acquisition of the strategic assets of U.S. Cocoa Mat (USCOA), a century old manufacturer of personalized Cocoa fiber door mats sold into the retail market.

“As a longtime customer, Americo’s PromoMatting Division is familiar with the quality product manufactured by USCOA.” stated PromoMatting President David Rones. “We are excited to continue the legacy of the DeCoir product line as we enter into the hardware market with USCOA’s experience in this arena.”

Del Hawkins, vice president of Sales for U.S. Cocoa Mat and a 22 year veteran of the company, has worked with customers across all lines of trade including hardware, mass merchandise, warehouse clubs, Internet resellers, and specialty retail stores.

“U.S. Cocoa Mat has been a great company to work for as we prided ourselves on quality and service,” Hawkins said. “Our reputation has always been providing the highest quality Cocoa Mat in the industry.”

Hawkins has since joined Americo’s Matting Division and will be heading up its newly created Hardware/Retail business segment.

“Coming from a company with considerable legacy, I am very excited to be joining Americo, a company with their own remarkable heritage, who embraces the same values of quality, integrity, partnership and family,” Hawkins added “I look forward to working with Americo’s large array of matting products to expand the offering to USCOA’s existing customer base.”

Continuing its strategy of delivering exceptional products to clients in over 70 countries worldwide, Chief Executive Officer of Americo Manufacturing Company, Lenny Shutzberg, reflected on the significance of their most recent asset purchase: “We are looking forward to the expansion of our customer base and the expertise of Del Hawkins who has been highly regarded within the hardware and retail industries for a very long time. This strategic asset acquisition allows Americo to expand its product line and market penetration, combining the best of both companies, in offering our clients the broadest range of floor mats in the industry. Americo has the working capital to invest in the future and plans on deploying those resources in making more strategic acquisitions in the future.”

Posted August 28, 2018

Source: Americo

Shaw Launches Sound Advisor™: Company Innovates With Acoustics Testing, Research And Education

DALTON, Ga. — August 28, 2018 — Shaw Industries Group Inc. has introduced an innovative, patent-pending tool to showcase the impact ceiling and floor construction, as well as flooring and underlayment selection, have on room acoustics. Known as Sound Advisor, the web-based tool helps users make more informed design and interior product selection decisions.

The tool can be accessed via the following branded sites with additional sites under development:

  • Patcraft — https://patcraft.soundadvisor.com/;
  • Philadelphia Commercial — https://philadelphia.soundadvisor.com/;
  • Shaw Contract — https://shawcontract.soundadvisor.com/; and
  • Shaw Floors – Multifamily — https://multifamily.soundadvisor.com/.

Shaw has also developed an hour-long continuing education unit (CEU) that qualifies for one credit from IDCEC as well as AIA. The CEU is also available via sales representatives from all Shaw brands, and Shaw will present a GBCI-approved session at this year’s Greenbuild conference.

Research shows that the constant sounds of everyday life — the hum of an appliance, co-workers talking, music in the background — have a powerful impact on people’s wellbeing. Too much noise can lead to stress, fatigue, lack of focus, anxiety and lengthier healing times. From student apartments and hotels to offices and hospitals, sound can make or break the effectiveness of a building.

The human health impact can have a negative business including loss in productivity or decreased revenue as a result of apartment turnover or fewer hotel night stays.

Building certifications now take acoustics into account when evaluating a space’s impact on human health and the environment. The U.S. Green Building Council LEED v4 includes a focus on airborne sound and in-room sound for commercial buildings, schools and healthcare facilities. The International WELL Building Institute has set benchmarks for the numerous ways a building and its systems can support human health and wellness, including sound abatement.

Even without such certifications, owners, managers, housing directors and contractors recognize the value in noise abatement when creating a superior, competitive building.

“Floor covering and other products are labeled with an impact insulation class (IIC) rating; however, IIC ratings on a product are not enough. They don’t tell the whole story,” noted Jay Henry, director of innovation at Shaw Industries.

“Recognizing this gap in the marketplace, we’ve conducted extensive testing to provide an estimated IIC rating based on specific floor and ceiling construction, paired with flooring types and installation methods where underlayment is and isn’t used. This testing produced not only an IIC number but a sound file that allows a user to actually hear the difference,” Henry added.

Shaw’s efforts stand to bring more science-based decision-making to building design, room design and product selection. The company’s research-centric approach will shape how its teams advise designers and facility managers through product selection and how Shaw develops innovative products in the future.

Posted August 28, 2018

Source: Shaw Industries Group, Inc.

Global Young Voices And RadiciGroup For Sustainable Development Goals (SDGs)

BERGAMO, Italy — August 28, 2018 — A new project aiming at raising awareness on the United Nations 17 Sustainable Development Goals among young people (below the age of 30): this is the ongoing initiative promoted by Global Young Voices (GYV) and supported by RadiciGroup.

These weeks are crucial for the contest launched by Global Young Voices among projects, foundations, non-profit organizations or start-ups (already founded or in the process of being launched) run by young people who aim, through their work, to make one or more of the SDGs a reality. The winner will receive 1,000 euros to be used to finance his or her initiative.

All the submissions were screened and 21 projects have been selected by GYV and RadiciGroup.

Now it’s up to you! The competition ultimate judge is GYV’s audience!

Global Young Voices considers Facebook as its most successful platform, attracting more than 63,000 followers. Therefore, the application receiving the largest number of likes (or any other positive emoticons) on Global Young Voices’ Facebook page (https://www.facebook.com/globalyoungvoices/) will win the competition.

Voting will be possible up until 30 September 2018.

Posted August 28, 2018

Source: RadiciGroup

Mara Hoffman, Sustainable Fashion Advocate, Selects TENCEL™ Luxe And TENCEL™ x REFIBRA™ For Beautifully Responsible Collections

NEW YORK CITY — August 28, 2018 — Designer Mara Hoffman has been consciously and progressively increasing the sustainability profile of her apparel designs for the past several years, especially with her selections of more sustainable fibers and fabrics. Her company is one of he first to use TENCEL™ Luxe branded Lyocell filament yarns, and will introduce these botanic fibers in the Spring 2018 RTW collection as well as in designs for Fall 2018.  Derived from renewable wood sources in a closed loop production process, Tencel Luxe results in fabrics that are incredibly soft and colorful with elegant drape. In addition, Mara Hoffman is able to use this fabric as a cruelty-free replacement for silk.

Incorporating more recycled raw materials is another way Hoffman reduces her carbon footprint and the impact her products have on the environment. She will also feature fabrics made with Tencel Lyocell with  REFIBRA™ technology, some of the most sustainable fibers in the world, for the Fall 2018 collection. Tencel x Refibra is the only commercially available fiber made from a combination of cotton scraps and renewable wood and produced using the environmental award-winning closed-loop production process. Tencel x Refibra fibers go beyond improving the sustainability profile of fabrics, while instilling many other highly desirable benefits such as softness, strength, and beautiful finishing.

“Clothing places an intense burden on the environment,” says Hoffman. “Through intentional fabric selection and design choices, we create collections that look and feel good and that have a significantly lower impact on our planet. Our customers are starting to understand our sustainability efforts, to learn about them, and to look for them in other brands too.”

Tencel x Refibra also embraces the concept of circular economy for the apparel industry. Tencel Lyocell eco filaments are derived from certified, sustainable wood sources — natural forests and sustainably managed plantations. The closed loop production process is extremely resource efficient and environmentally responsible. These special fibers are compostable and biodegradable in both soil and seawater. In addition, Lenzing is a long-time, vocal advocate for raising awareness of sustainability within the textile industry.

“When apparel brands incorporate fibers like Tencel Luxe and TTencel x Refibra, they help move the industry in a more sustainable direction,” said Tricia Carey, director Global Business Development in Denim, Lenzing AG. “Mara Hoffman’s collections define her as a conscientious, thoughtful visionary who helps her customers make responsible choices that also answer every requirement for style, comfort, and personal expression.”

Posted August 28, 2018

Source: The Lenzing Group

480 International Exhibitors Ready For Cinte Techtextil 2018

HONG KONG — August 27, 2018 — Cinte Techtextil China opens its doors next week, with around 480 exhibitors from 22 countries and regions preparing for another successful showcase of the world’s leading textile innovations. Leading international and domestic brands will feature in halls N1 – N3 at Shanghai New International Expo Centre from September 4-6, making Cinte Techtextil the ideal place to make connections and gain insight into Chinese and Asian market trends.

The technical textile industry in the Asia region, and China in particular, has been growing steadily and is predicted to continue doing so. China’s total output of technical textiles and nonwoven products is estimated to account for 30 percent of global production by 2020, and double that of 2013. This high potential for growth, achieved through investments worth billions of dollars, has drawn attention from European exhibitors, who are set to travel to the region for Cinte Techtextil.

This year’s European Zone will feature around 30 exhibitors from countries including Austria, France, the Netherlands, Sweden, Switzerland and the UK, while further exhibitors can be found in national pavilions from Belgium, Germany and Italy. In addition to this, the Czech Republic will present its debut pavilion, showcasing exhibitors with solutions for technical yarn, fabric processing and nonwoven fabrics.

In addition to this, exhibitors from 12 more countries and regions will present their latest innovations to the market. These include domestic and international exhibitors from China, Hong Kong, India, Indonesia, Israel, Japan, Korea, Saudi Arabia, Taiwan, Thailand, Turkey and the US.

Belt and Road: a success story for Buildtech

Following higher regulations and quality standards that aim to exceed Western levels, demand is high in China for production machinery. What’s more, with the national nonwovens market displaying particularly fast growth, Cinte Techtextil has attracted some of the world’s leading nonwoven and weaving machinery brands.

The fair will showcase leading global exhibitors across 12 application areas. Two areas to watch out for include Buildtech and Mobiltech, which are both performing well in Asia and specifically in China. The Belt and Road initiative brings Buildtech a great deal of benefits through China’s enormous investments in global infrastructure. Adding to this, China’s automobile production has been increasing 3 percent year-on-year, with particularly high growth seen in new-energy vehicles, SUVs and commercial vehicles. China has become the world’s largest auto producer, and this has been boosting progress in the Mobiltech category.

Cinte Techtextil fringe program a hub of industry insight

A comprehensive fringe programme will keep Cinte Techtextil fairgoers up to date with industry news, with standout events including the 7th China International Nonwovens Conference. Focusing on the global nonwovens industry, topic highlights include the latest innovations in China’s nonwovens industry, an insight into the North American nonwovens market, future trends in the global hygiene product market, and more. The conference will also discuss innovations and developments in filter materials and the wipe industry.

The first day of the fringe programme will see a panel discussion in hall N1, moderated by the Taiwan Technical Textiles Association (TTTA), with confirmed panellists including DuPont, IBENA Textilwerke and SGS-CSTC Standards Technical Services. The panel will focus on current trends, developments and standards in the protective textile industry.

Other fringe programme events will include seminars and product presentations led by industry leaders on the latest global technologies and market trends, and an Innovation Showcase Area in a variety of application categories.

Cinte Techtextil China is organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Nonwovens & Industrial Textiles Association (CNITA).

Posted August 28, 2018

Source: Messe Frankfurt (HK) Ltd.

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