U.S. Producers Of PET Resin File Appeal Of U.S. International Trade Commission Injury Determination

WASHINGTON — December 3, 2018 — On November 30, 2018, three U.S. producers of polyethylene terephthalate (PET) resin — DAK Americas LLC, Indorama Ventures USA Inc., and Nan Ya Plastics Corp., America — filed an appeal with the U.S. Court of International Trade. The domestic producers have requested the court’s review of the U.S. International Trade Commission’s (ITC) recent negative injury determination in the antidumping (AD) investigations on imports of PET resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan.

The domestic producers’ appeal charges that several key findings are not supported by the record compiled by the Commission. Further, the ITC erred by ignoring critical data and failing to address or explain a number of important issues in the case.

The domestic producers look forward to an opportunity to present these claims to the court, and expect that as a result the ITC will reevaluate its injury determination. DAK Americas, Indorama Ventures, and Nan Ya Plastics remain certain that, ultimately, an affirmative injury determination is warranted.

Background

Four major U.S. PET resin producers — DAK Americas LLC, Indorama Ventures USA Inc., Nan Ya Plastics Corp., America, and M&G Polymers USA LLC — filed petitions with the U.S. International Trade Commission (ITC) and the U.S. Department of Commerce (Commerce) on September 26, 2017. On October 24, 2017, M&G Polymers USA filed for bankruptcy and later put its U.S. assets up for sale. On September 17, 2018, Commerce found significant levels of dumping by producers and exporters in all five countries: 29.68-275.89% for Brazil, 30.61-53.50% for Indonesia, 8.23-101.41% for Korea, 43.81-59.92% for Pakistan, and 5.16-45.00% for Taiwan.

The product that is the subject of these investigations is certain polyester terephthalate (PET) resin, which is a large-volume, thermoplastic polyester polymer resin, having an intrinsic viscosity (IV) of 0.70 or more, but not more than 0.88, deciliters per gram. PET resin is primarily sold in bulk form as chips or pellets, which are heated and extruded or molded into plastic bottles, containers, and packaging. The major end-uses for PET resin include beverage bottles, food containers, and packaging for household, cosmetics, automotive, and pharmaceutical products.

Posted December 3, 2018

Source: Kelley Drye & Warren LLP

Polartec Collaborates With Backcountry On Exclusive Product And Information Resource Center

ANDOVER, Mass. — December 3, 2018 — Polartec, a provider of innovative and sustainable textile solutions, announces its ongoing collaboration with online retailer Backcountry. The partnership includes an exclusive collection of co-developed Flylow outerwear made of Polartec® NeoShell®, the most breathable waterproof fabric, and Polartec educational resources and shopping functionality on Backcountry.com.

Offering the market’s most extensive range of premium performance fabrics, Polartec is the first ingredient brand with a dedicated area on the Backcountry website. The new information resource center breaks down how the Science of Fabric works and the benefits of Polartec technology, while directing consumers to hundreds of products made of premium Polartec fabrics.

“As a go-to resource for its breadth of quality product offerings and related knowledge, Backcountry is an ideal partner,” said Gary Smith, Polartec CEO. “Together, we can help people make more informed choices, as well as assist our brand partners in delivering greater value to their customers.”

“This partnership allows us to build innovative products and provide educational resources to our community,” said Jonathan Nielsen, Backcountry CEO. “One result that we’re particularly proud of is our co-developed Flylow outerwear kits, purpose-built for backcountry touring from breathable and durable Polartec NeoShell fabric.”

The collaboration also includes ongoing Polartec clinics designed to explain the comfort and performance benefits of products made with Polartec fabric technologies to Gearheads, Backcountry’s team of outdoor experts whose sole job is to provide personalized service and advice, free of charge.

Posted December 3, 2018

Source: Polartec

 

Alpaca Owners Association Documents Antimicrobial Properties Of Raw Alpaca Fiber

LINCOLN, Neb. — December 3, 2018 — Alpaca Owners Association (AOA) announced recent laboratory testing results revealed that raw alpaca fiber possesses antibacterial properties.

“While the effect is modest, it is likely comparable to the natural antibacterial properties of scoured sheep’s wool,” said Bud Synhorst, Executive Director of AOA.  “This will increase the interest of alpaca fiber within the active apparel industry.”

The outdoor and sports apparel industry has seen increased interest in antimicrobial textile products from active consumers who want products that are odor resistant. The industry has largely addressed this demand by treating fabrics with chemicals that inhibit bacterial growth.

While highly effective at suppressing bacteria on the garments short term, Synhorst noted that in most cases those chemicals are lost over time as the garment is used and washed, resulting in a loss of antibacterial effect. This has led some market observers to raise environmental concerns regarding the resulting presence of the chemicals in water and soil.

By contrast, the antibacterial properties of the keratin component of animal fibers, including alpaca, are a more natural and durable alternative to chemical treatment.

“This is another reason that high-quality animal fiber textiles remain in demand,” he said.  “They can be a good fit for consumers looking for durable clothing that is grown and manufactured in ways that are sensitive to the long-term health of the environment.”

Posted December 3, 2018

Source: Alpaca Owners Association, Inc. (AOA)

Lenzing Applies For 25 Patents For LENZING™ Web Technology

LENZING, Austria — December 3, 2018 — The Lenzing Group filed a first wave of patent applications for its new LENZING™ Web Technology with the World Intellectual Property Organization. The 25 applications focus on product, process and application inventions and are part of Lenzing’s intellectual property protection strategy.

The LENZING Web Technology is a nonwoven web formation process that starts with botanic wood pulp and produces a nonwoven fabric made of 100 percent continuous lyocell filament. The technology offers a unique self-bonding mechanism where filaments bond into a fabric during the laydown process. This self-bonding mechanism allows for a much wider variety of basis weight, surface textures, drapeability and dimensional stability than other nonwoven technologies.

“Lenzing’s corporate strategy sCore TEN is very focused on driving growth via sustainability focused innovation. The new LENZING Web Technology is one of the most exciting Research & Development projects. The 25 patent applications related to this new technology underline our commitment to the nonwoven industry. We will continue to support our partners in their business and help consumers with sustainable innovative solutions for their everyday needs”, says Stefan Doboczky, CEO of the Lenzing Group.

Posted December 3, 2018

Source: Lenzing Group

Teijin Develops Natural-like Fabric As A New Product For DELTAPEAK Family

TOKYO — December 3, 2018 — Teijin Frontier Co. Ltd., the Teijin Group’s fiber and products converting company, announced today that it has added a natural-like fabric — ideal for sportswear, fashionwear and uniforms — to its DELTAPEAK series of high-function fabrics. Teijin Frontier will commercially launch the product in the 2020 spring/summer season, targeting annual sales of one million meters by the fiscal year ending in March 2022.

The demand for high-function products with a more natural-like look is growing in line with the increasing popularity of athleisure fashion. Teijin Frontier’s high-function Deltapeak is a dense and uniform crimped fabric with many excellent properties, but until it has not offered a natural-looking suited for city life.

The new Deltapeak fabric offers a unique combination of form-fitting and natural-like texture. Teijin Frontier’s new yarn randomly combines two types of crimped fibers to realize a soft, high-density structure. The fabric incorporates Deltapeak’s micro-crimping technology and SOLOTEX’s conjugate technology for coil-like crimping to achieve comfortable form-fitting, moisture-absorbent, quick-drying, lightweight and bulkiness properties, in addition to a natural-like texture thanks to special dyeing technology.

Special features of new Deltapeak natural-like fabric:

  • Natural-like appearance and texture;
  • Soft and stretchy (Deltapeak) and elastic-recovering (Solotex);
  • Twice the moisture-absorbent and quick-drying properties of regular polyester thanks to capillary action; and
  • Lightweight and bulky.

Core features of Deltapeak:

  • Anti-snagging;
  • Shape recovery;
  • UV block;
  • Stretchability; and
  • Anti-transparency.

Posted December 3, 2018

Source: Teijin Group

KARL MAYER To Participate In Heimtextil

OBERTSHAUSEN, Germany — December 3, 2018 — For the first time in roughly 40 years, KARL MAYER will again take part in Heimtextil in Frankfurt/Main. At the trade fair to be held from January 8-11, 2019, this textile machine manufacturer will be introducing some worldwide novelties around the topics of terry fabrics and curtains. For this purpose, the company received from the organizers a stand located in the exhibition’s Trend Forum. There, Karl Mayer will be present on Stand K 65 in Hall 3.0 with an information booth. At the same time, an In-house Show will take place at the company’s headquarters in Obertshausen, which can easily be reached by shuttle bus. Machines and new textile developments will be shown there.

Karl Mayer will pool its new activities in the field of weft warp knits for Heimtextil under the WEFT.FASHION brand. For this purpose, a new weft curtain article will be produced for the In-house Show. The trendy pattern is captivating due to an extravagant design in the currently fashionable woven-like look. Sophisticated fancy yarn gives the warp-knitted weft curtain a completely new face. For this article, Karl Mayer announces a new weft-insertion warp knitting machine with an extremely attractive price-performance ratio — entirely in line with WEFT.FASHION: New home textiles manufactured with the benefits of warp knitting efficiency.

Moreover, there will be a machine premiere for the terry segment: for the first time, Karl Mayer will be showing its TM 4 TS-EL in a working width of 193ʺ and in a gauge of E 28 in Germany. This efficient machine will reveal its high performance in Obertshausen by producing a revolutionary textile novelty: a double-face warp-knitted terry fabric with a soft velour layer made from microfibers on the outer face, and an absorbent surface made from cotton on the inner side. This article for bathrobes is not only functional and stylish, it also shows advantages in terms of environmental protection compared to woven counterparts, and this is due to the machine technology used for its manufacture.

Karl Mayer’s solutions for a sustainable production of terry articles can be found under TERRY.ECO, and the company’s entire commitment to a clean production stands under the heading CLEANER.PRODUCTIONS.

Posted December 3, 2018

Source: KARL MAYER Textilmaschinenfabrik GmbH

All Twenty-Three Angela Laundries Now Certified Hygienically Clean For Healthcare

ALEXANDRIA, Va. — December 3, 2018 — Angelica, one of the nation’s largest healthcare linen providers, now has 23 laundries that have earned the Hygienically Clean Healthcare certification. This is reflective of its commitment to Best Management Practices (BMPs) in laundering as verified by on-site inspection and its capability to produce hygienically clean textiles as quantified by ongoing microbial testing. Angelica’s locations are throughout the United States, and the laundries now carrying the certification are located in Phoenix, Ariz.; Colton, Fresno, Los Angeles, Orange, Pittsburg, Pomona, and Sacramento, Calif.; Holly Hill and Safety Harbor, Fla.; Rockmart, Ga.; Chicago, Ill.; Somerville and Worcester, Mass.; Durham, N.C.; Henderson, Nev.; Batavia, N.Y.; Lorain, Ohio; Pawtucket, R.I.; Columbia, S.C.; Ooltewah, Tenn.; and Dallas and Houston, Texas.

The Hygienically Clean Healthcare certification confirms the organization’s continuing dedication to infection prevention, compliance with recognized industry standards and processing healthcare textiles using BMPs as described in its quality assurance documentation, a focal point for Hygienically Clean inspectors’ evaluation. The independent, third-party inspection must also confirm essential evidence that:

  • Employees are properly trained and protected;
  • Managers understand regulatory requirements;
  • OSHA-compliant; and
  • Physical plant operates effectively.

To achieve certification initially, laundries pass three rounds of outcome-based microbial testing, indicating that their processes are producing Hygienically Clean Healthcare textiles and diminished presence of yeast, mold and harmful bacteria. They also must pass a facility inspection. To maintain their certification, they must pass quarterly testing to ensure that as laundry conditions change, such as water quality, textile fabric composition and wash chemistry, laundered product quality is consistently maintained. Re-inspection occurs every two to three years.

This process eliminates subjectivity by focusing on outcomes and results that verify textiles cleaned in these facilities meet appropriate hygienically clean standards and BMPs for hospitals, surgery centers, medical offices, nursing homes and other medical facilities.

Hygienically Clean Healthcare certification acknowledges laundries’ effectiveness in protecting healthcare operations by verifying quality control procedures in linen, uniform and facility services operations related to the handling of textiles containing blood and other potentially infectious materials.

Certified laundries use processes, chemicals and BMPs acknowledged by the federal Centers for Disease Control and Prevention (CDC), Centers for Medicare and Medicaid Services, Association for the Advancement of Medical Instrumentation, American National Standards Institute and others. Introduced in 2012, Hygienically Clean Healthcare brought to North America the international cleanliness standards for healthcare linens and garments used worldwide by the Certification Association for Professional Textile Services and the European Committee for Standardization.

Objective experts in epidemiology, infection control, nursing and other healthcare professions work with Hygienically Clean launderers to ensure the certification continues to enforce the highest standards for producing clean healthcare textiles.

“Congratulations to Angelica on their certifications,” said Joseph Ricci, TRSA president and CEO. “This achievement proves their commitment to infection prevention and that their laundries take every step possible to prevent human illness.”

Posted December 3, 2018

Source: TRSA

SPGPrints Presents Digital And Rotary Screen Solutions For Home Furnishing And Interior Decor Markets At Heimtextil 2019

BOXMEER, The Netherlands — December 3, 2018 — SPGPrints will showcase its digital and rotary screen printing solutions for home furnishing and interior decor markets at Heimtextil 2019 (Hall 3, Level 1, Stand B17), January 8-11, Messe Frankfurt, Frankfurt-am-Main, Germany.

PIKE 700 UV digital inkjet printer

The highlight of SPGPrints’ digital offering — shown by video presentation at the stand — is the PIKE 700 UV-inkjet hybrid printer, for decor laminates and other industrial applications, and based on the company’s Archer® inkjet technology.

With the PIKE 700, designers and decorators can have custom or mass-market products quickly and cost-effectively, no matter what the volume.

It is a 700-millimeter-wide roll-to-roll machine, featuring up to 10 color positions around a central cylinder, with CMYK plus white as standard. The printer features LED pinning between color stations to ensure image sharpness. It uses SPGPrints’ own inks that are optimised for the machine’s print heads and treatment processes.

The PIKE 700 printer can print on the full range of textiles, papers, films, foils and boards at resolutions of up to 1200dpi. It produces vignettes with tonal gradations that are smoother than conventional printing technology and achieves consistent color uniformity on both supported and unsupported paper and film materials up to 450µm thickness.

Furthermore, the printer may incorporate rotary screen printing units for added value high-impact “look and feel” effects, as well as priming, corona treatment among other complementary technologies, to form a complete single-pass production line.

Complete, customized rotary screen printing workflows

SPGPrints’ complete, custom-designed rotary screen printing workflows provide the platform for productive, cost-efficient and high quality wallcover manufacturing.

The company’s programme includes complete printing lines, such as the PD5 hybrid printing line, which are available for use with SPGPrints’ nickel rotary screens and direct laser imaging systems.

SPGPrints’ SpecialScreen®seamless nickel rotary screens combine a high mesh-count with a large hole size, enabling fine and detailed printing with large particles, without risk of blockage. SpecialScreen screens provide precision reproduction with smooth tonal gradations, fine outline printing, as well as puff, 3D tactile, glitter and reflective effects for enhanced sensual appeal.

The SpecialScreen range includes the 100SP/ 40 per cent and 130SP/ 33 per cent customised screens for water-based paste, suited for creating 3D designs. The 250SP screen, achieving rasters of up to 60 l/cm, is ideal for fine detail and halftones. Multiple colour runs that use special effects, like metallic gold and silver or Iriodine for a high-lustre finish, add value and create the unique looks that are favoured by high-end designers and retailers.

Posted December 3, 2018

Source: SPGPrints

Callaway Golf Company Enters Into Agreement To Acquire Jack Wolfskin For 418 Million Euros

CARLSBAD, Calif. — November 30, 2018 — Callaway Golf Co. announced today that it has entered into an agreement to acquire Jack Wolfskin for 418 million euros, or approximately $476 million assuming a 1.140 euro to U.S. dollar conversion rate, subject to certain purchase price adjustments.

The acquisition furthers Callaway’s push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio. Jack Wolfskin is an international, premium outdoor apparel, footwear and equipment brand. The company designs premium products targeted at the active outdoor and urban outdoor customer categories.

“We are very excited to welcome the Jack Wolfskin brand into the Callaway portfolio,” commented Chip Brewer, president and CEO, Callaway. “Jack Wolfskin is a premium outdoor brand with tremendous international reach, being a leading brand in the European market and having a substantial presence in China. It also helps Callaway expand its presence in the high-growth, active lifestyle category.”

Brewer continued, “We are also very excited to work with Jack Wolfskin’s great leadership team, led by CEO Melody Harris-Jensbach, to maximize this brand’s growth potential.”

“We are thrilled at the prospect of joining Callaway’s growing portfolio of premium, active lifestyle brands,” said Jack Wolfskin’s CEO Melody Harris-Jensbach. “Callaway has proven over many years that they are great innovators and brand builders. We see that they really invest in the brands they acquire and couldn’t be happier to be working with them.”

Assuming a 1.140 euro to U.S dollar conversion rate, Jack Wolfskin had net sales of $380 million in the fiscal year ended September 30, 2018, based on preliminary unaudited results provided by Jack Wolfskin. Jack Wolfskin provides over 3,000 points of sale globally, including wholesale, company-owned retail and franchised retail stores. Post transaction, Jack Wolfskin will continue to operate out of its headquarters located in Idstein, Germany.

The $476 million purchase price values Jack Wolfskin at a multiple of approximately 12 times its fiscal 2018 adjusted EBITDA of $40 million. Excluding non-recurring transaction costs and non-cash purchase accounting adjustments, financial expectations for Jack Wolfskin are as follows:

  • Full year 2019 net sales are estimated to be flat compared to prior year, but are expected to accelerate to mid-single digit growth over the mid- to long-term.
  • Full year 2019 adjusted EBITDA, excluding purchase accounting adjustments, is estimated to be approximately $33 million, a decrease compared to the prior year as a result of incremental investments to build long-term sustainable growth as well as projected cost of living increases.  The investments would include investments in design, marketing and infrastructure to allow for growth in Jack Wolfskin’s core business as well as future expansion into new regions.
  • EBITDA is estimated to reach $50 million in 3-4 years, with long-term EBITDA margins forecasted to be accretive to Callaway’s current EBITDA margins.
  • Full year non-GAAP earnings per share (EPS) is estimated to be $0.06 dilutive in year 1 and accretive in year 2. Non-GAAP EPS excludes non-recurring transaction costs, amortization of financing fees, and incremental non-cash expense resulting from the purchase accounting adjustments.
  • Full year GAAP EPS is expected to be $0.25-$0.35 dilutive in year 1 and approximately neutral in year 2. GAAP EPS includes non-recurring transaction costs and incremental non-cash expense resulting from the acquisition purchase accounting adjustments.

The acquisition is expected to close in the first quarter of 2019, subject to regulatory approvals and other customary closing conditions. Callaway intends to finance the transaction with a $476 million term loan facility, led by BofA Merrill Lynch and JP Morgan Securities LLC.

Latham & Watkins LLP acted as legal counsel and JP Morgan Securities LLC acted as exclusive financial advisor to Callaway. Kirkland & Ellis International LLP acted as legal counsel and Houlihan Lokey as exclusive financial advisor to Outdoor Holdings SCA – the holding company of Jack Wolfskin. THM Partners acted as director of and advisor to the Jack Wolfskin Group.

Posted December 2, 2018

Source: Callaway Golf Company

NRF Welcomes Delay Of January 2019 Tariff Increase 

WASHINGTON — December 2, 2018 — The National Retail Federation (NRF) issued the following statement from President and CEO Matthew Shay in response to the Trump administration’s decision to hold off on tariff increases that were set to take effect January 2019:

“We commend President Trump for his efforts to restore a fair and balanced trade relationship with China. The administration’s decision to give diplomacy a chance and at least temporarily avoid the imposition of increased and additional tariffs is an encouraging sign.

“It is clear the administration has heard the voices of those negatively impacted by existing tariffs. We hope this 90-day tariff pause will lead to a positive resolution that removes tariffs altogether and improves US-China trade relations.

“Retailers are pleased by this progress. At the same time, uncertainty over the future of NAFTA remains. To protect American jobs and critical North American supply chains, the administration should continue to work through the process until a modernized, trilateral agreement is approved by Congress.”

NRF and a coalition of nearly 150 organizations representing retailers, farmers, manufacturers and technology companies sent a letter to the White House last week urging the administration to negotiate with China and forgo a January 2019 tariff increase.

NRF and its small retail members also held meetings with the administration last week ahead of the G20 Summit to express the importance of removing existing tariffs and avoiding future increases.

Posted December 2, 2018

Source: The National Retail Federation (NRF)

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