Kraig Biocraft Laboratories Celebrates The Opening Of Prodigy Textiles Facility In Vietnam

ANN ARBOR, Mich. — July 10, 2018 — Kraig Biocraft Laboratories Inc., the leading developer of spider silk based fibers, announces that, during its trip to Vietnam last week, the company celebrated the grand opening of Prodigy Textiles’ new facility in Quang Nam province. This facility will have the capacity, utilities, and security to support the planned capacity growth in Vietnam through the first phase of operations and will be the launch pad for future expansion on a pre-designated 50 hectare parcel of land located nearby.

Working in partnership with its consultants in Vietnam, the company reviewed numerous buildings and locations throughout the province. The company ultimately selected this facility due to its proximity to mulberry production, building layout, condition, utilities, and its proximity to shipping ports, and the Company’s planned 50 hectare future campus.

The opening celebration was attended by officials from the province and local district, as well as leaders from the farming cooperatives that will provide mulberry, and senior banking officials.

“Having now seen the new facility first hand I am confident that we will soon have a thriving operation up and running,” said Jon Rice, COO. “We are now in the process of getting the final building updates outlined and completed, so that it will be ready to receive the first shipment of our silkworms. Our team in Vietnam continues to put in an incredible amount of effort to bring this ground breaking project to reality.”

Posted July 10, 2018

Source: Kraig Biocraft Laboratories

The Chapman Perelman Foundation Presents The Change Fashion Forum At The New York Academy Of Sciences

NEW YORK CITY— July 10, 2018 — Today, the Chapman Perelman Foundation and the New York Academy of Sciences sponsor the Change Fashion Forum and Workshop. The CFC Forum and Workshop is an event that brings together leaders from the fashion industry, academia, and non-profit organizations to begin the development of a prioritized sustainable fashion research agenda and roadmaps for the priority areas identified in the agenda. The New York Academy of Sciences hosts leading researchers from institutions including University of Cambridge Institute for Manufacturing, World Resources Institute, Natural Resources Defense Council, Aalto University, Massachusetts Institute of Technology, London College of Fashion, University of Leeds, and North Carolina State University, representing expertise from the fields of chemical engineering, toxicology, design, and material sciences.

The event comprises of five Working Group Sessions covering the stages in the circular ecosystem of the fashion industry: Materials, Production/Manufacturing, Retail and Consumer, Supply Chain, and Closing the Loop (Re+Upcycling). Beyond business model innovation, scientific and technological advancement offers the greatest hope to drive the evolution of the fashion industry towards a more sustainable model.

The Change Fashion Forum focuses on creating innovation to pioneer the future of fashion and create a new sustainable ecosystem in the fashion industry. This means innovation throughout the entire product lifecycle, toward a circular and regenerative model — changing the way garments are designed, produced, shipped, bought, used, and recycled by introducing disruptive science and technology, and new business models.

“The Chapman Perelman Foundation is pleased to support the Change Fashion Forum.  Today’s meeting convened thought leaders from the fashion industry, sciences, technology, and academia, working to identify emerging solutions and opportunities for further innovation to be carried forth by the New York Academy of Sciences’ network,” said Anna Chapman, President of the Chapman Perelman Foundation. “We look forward to bringing the ideas generated at this meeting to a wider audience when we launch the public-facing component of the Change Fashion initiative in Fall 2018.”

“The New York Academy of Sciences is particularly delighted to work with the Chapman Perelman Foundation to present the Change Fashion Forum,” remarked Academy President and CEO Ellis Rubinstein. “We believe that the challenges facing the fashion industry can only be solved by collective action.”

“The five Working Group Sessions during Forum identified priority areas to be addressed and key actions to create a more sustainable fashion industry,” said Jennifer Costley, Director at New York Academy of Sciences. “Working with the Chapman Perelman Foundation, our network, and the fashion industry, we will have the right players to develop innovative solutions to these challenges.”

Posted July 10, 2018

Source: The Chapman Perelman Foundation

Archroma Completes Full Acquisition Of Automotive Dyes Expert M. Dohmen

REINACH, Switzerland — July 10, 2018 — Archroma, a global color and specialty chemicals producer with a focus on sustainable solutions, today announced it has acquired all remaining minority shares in M. Dohmen S.A., an international group specializing in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors.

Since its corporate carve-out from Clariant in 2013, Archroma is set on becoming a clear industry leader in supplying innovative chemistry solutions, with the goal to make the industries it serves more sustainable. Archroma made a first move in this direction when it acquired the textile chemicals business of BASF in 2015.

Archroma first acquired an interest in the capital of M. Dohmen S.A. with a 49% share in 2014 followed by an additional 26% share in 2017. Now, it has completed the acquisition of the remaining 25% share of M. Dohmen S.A.

Archroma is already serving customers of both companies with the combined product portfolio on all markets where both companies have a presence. Archroma and M. Dohmen product portfolios ideally complement each other, especially in the area of dyes and chemicals for synthetic fibers and wool, including for the automotive sector.

Archroma will now be able to proceed with the full integration of the M. Dohmen organization into Archroma, which will allow its experts worldwide to better focus on serving its customers’ needs and requirements.

“With this final step in the acquisition of M. Dohmen,” commented Marcos Furrer, president Brand & Performance Textile Specialties and Innovation at Archroma, “customers of both companies will now have access to even more products and solutions that work in their processes and markets, supported by Archroma’s leadership towards quality, innovation and sustainability.”

“I am proud to hand over a company that we have built from the ground up to what it is today, a recognized specialist in automotive and technical textile dyestuff”, said Manfred Dohmen, founder of the M. Dohmen group. “In the past 4 years, we have worked hand in hand with Archroma to pass on a solid business and a solid team who is ready and excited to further support the creativity and performance required by our customers.”

Posted July 10, 2018

Source: Archroma

Gore Featuring Proven & Trusted High-Performance Solutions For Aerospace & Defense Applications At 2018 Farnborough Airshow

DUNDEE TECHNOLOGY PARK, Scotland — July 10, 2018 — W. L. Gore & Associates, Inc. (Gore) will showcase a wide selection of high-performance solutions at the world’s biggest airshow in Farnborough, July 16-22 in Hall 1, Booth 1265. Gore continues to innovate today and for tomorrow by combining dielectric expertise with unique fluoropolymer materials unmatched by alternatives. Proven in the real world and trusted for decades, Gore’s high-performance solutions for aerospace and defense applications ensure connection, protection, and safety every time in the most demanding environments.

Stay Connected, Protected & Safe

On display this year will be durable, compact and highly-flexible Gore Aerospace Cables including high data rate, power/signal delivery, and coaxial and microwave/RF solutions for aircraft and spacecraft applications. Also highlighted will be EMI shielding solutions that provide excellent RF grounding and shielding performance in aircraft.

Gore’s booth will also exhibit lightweight, non-curing Gore SKYFLEX™ Aerospace Materials which are specified by leading civil and military aircraft OEMs because they are proven to solve many sealing/surface protection challenges. A selection of these tapes and gaskets will be installed on a section of an aircraft wing.

For armed forces, Gore will be showcasing Gore Military Fabrics for clothing and footwear that offer durable, broad protection to improve mission effectiveness. Gore will introduce the new Gore-Tex PYRAD® MTP Rainsuit which provides durable waterproof, windproof, breathable and heat/flame protection.

Also featured will be Gore’s lightweight Uniform Integrated Protective Ensemble (UIPE- 1) made with Gore CHEMPAK Selectively Permeable Technology, which provides a unique combination of chemical/biological (CB) protection and reduced thermal burden.

Posted July 10, 2018

Source: W. L. Gore & Associates

Domtar Invests in Prisma Renewable Composites

FORT MILL, S.C. — July 10, 2018 — Domtar Corp. today announced it has acquired a majority interest in Prisma Renewable Composites LLC, a company focused on developing advanced materials from lignin and other natural resources.

With its investment, Domtar will help commercialize the process of using lignin to make engineered plastic compounds such as acrylonitrile butadiene styrene (ABS) and other high-value fiber and lignin applications.

“Innovation is core to Domtar Biomaterials’ growth strategy,” said Domtar Biomaterials Vice President Mark DeAndrea. “We’re pleased to have the opportunity to partner with an industry leading renewable composite company. Domtar Biomaterials is a bridge between science and commercialization. This investment leverages Prisma’s scientific research capabilities and unique product development strategy with Domtar’s commercialization and lignin production expertise.”

“We are excited about this partnership with Domtar,” said Prisma CEO Adam McCal. “We believe their commercialization plans and capabilities give Prisma an incredible advantage in establishing a robust supply chain from lignin to the final material production.”

Lignin — the natural glue that holds wood fibers together — is a byproduct of the Kraft pulping process that has traditionally been burned to provide energy to a mill. However, it also has the potential to be used in a wide range of industrial applications as a sustainable and bio-degradable alternative to petroleum and other fossil fuels. Domtar is a leader in lignin separation and the development of lignin-based materials. The company recently installed a demonstration plant in Ontario, Canada, to show how lignin pellets can potentially be used as a bio-alternative to plastic, chemicals and other petroleum-based products.

Posted July 10, 2018

Source: Domtar Corp.

TPI Composites, Vestas Wind Systems Expand Relationship In Mexico

SCOTTSDALE, Ariz. — July 9, 2018 — TPI Composites Inc. (TPI), the only independent manufacturer of composite wind blades with a global footprint, announced today that Vestas Wind Systems A/S has exercised an option to add two more V136 blade manufacturing lines under an existing multiyear supply agreement. TPI will produce blades from six lines for Vestas at TPI’s new manufacturing hub in Matamoros, Mexico. Production from this facility will begin this quarter.

“We are pleased that Vestas has executed its option to add two more production lines with TPI in Mexico for its V136 wind turbine,” said Steve Lockard, president and CEO, TPI.

TPI has produced wind blades in Mexico since 2002, and currently operates three wind blade facilities in Ciudad Juarez.

Posted July 9, 2018

Source: TPI Composites

GUESS? Collaborates With Alibaba To Bring Artificial Intelligence To Fashion

LOS ANGELES  — July 9, 2018 — GUESS? Inc. has reached another major milestone in its partnership with Alibaba Group to bring artificial intelligence to the fashion world to provide customers with a more enriching shopping experience that combines online and offline shopping behaviors.

Rounding out a comprehensive partnership that began in 2013 with the launch of Guess in Tmall, this year, Guess also became a global strategic partner of Alibaba’s FashionAI project, an initiative to give shoppers a glimpse of what the future of fashion retail will look like powered by artificial intelligence. With the launch of the interactive concept shop driven by Alibaba AI, Guess and Alibaba saw the implementation of the O2O (online-to-offline) project come to life, marking the maturity of the unified customer experience concept.

On July 4, 2018, Alibaba launched the pilot FashionAI concept shop on the Hong Kong Polytechnic University (PolyU) campus, pairing Guess’ extensive retail knowledge and latest collections with advanced Alibaba AI and other technologies on the sidelines of the 2018 Fashion and Textile Conference. Besides the FashionAI concept store’s futuristic appeal, the project was aimed at providing a better retail experience for shoppers and to help brands better use analytics in ordering and maintaining inventory.

“As technology changes how we interact, it also affects how we shop. As our customers evolve, it is critical that we evolve with them,” said Victor Herrero, CEO, Guess. “Our strong and long-lasting partnership with global technology leader Alibaba puts us ahead of the market in our industry. Together, we are able to innovate in real time. This is the future of retail and we plan to continuously invest and adapt to our customers’ needs in this changing retail landscape.”

“Guess and Alibaba share the same vision to understand customer behaviors through technologies,” said Zhuoran Zhuang, vice oresident, Alibaba Group. “With Guess’ retail expertise, we are able to train and refine our FashionAI system, and marry technology with fashion in a way that’s never been done before. We are looking forward to deepening our partnership to innovate personalized services offered in retail shops.”

The FashionAI concept store featured smart racks, smart mirrors and next-generation fitting rooms. Alibaba’s FashionAI system underpins the stores, offering up mix-and-match clothing and accessory suggestions for customers from the Guess line, as well as items sold by others on Tmall and Taobao, China’s biggest B2C and C2C platforms, respectively.

Through over 5 years of strong partnership, Guess and Alibaba have seen highly successful results, including Guess’ status as one of the most popular brands in the fashion apparel category on Tmall. Guess’ store on Tmall has achieved more than 100 percent compounded growth over the last 3 years. Incorporating O2O New Retail concepts have also resulted in overall strong performance and growth for GUESS in the Asia Pacific region. With the advancements in artificial intelligence and the continuing partnership with Alibaba Group, GUESS anticipates extending the experience globally as the future of retail to better serve their customers and plan for growth.

Posted July 9, 2018

Source: GUESS? Inc.

Delta Galil Completes Acquisition Of Eminence Group Ahead Of Plan

TEL AVIV, Israel — July 8, 2018 — Delta Galil Industries Ltd. — a global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear, activewear and denim — has announced that following the approval of the transaction by the workers council it has completed its previously disclosed acquisition of Eminence SAS and its subsidiaries (the Eminence Group), which includes leading French underwear brands for men, women and children: Eminence and ATHENA and the Italian brand Liabel.

Delta Galil expects the deal to be accretive to its 2019 earnings per share by approximately $0.40 to $0.45.

In 2017, Eminence Group’s net sales totaled approximately 99.0 million Euros, with most of the products designated for men (87%) and the remainder for women (8%) and kids and babies (5%). Most of the Group’s sales are to the French market (approximately 79% of all sales) and the remainder in Western Europe – mainly in Italy (17%) and in Belgium (3%) – under leading underwear brands in France (Eminence in the upper market and ATHENA in the mass market) and an Italian underwear brand (Liabel).

On an annual basis, the transaction will increase the share of Delta Galil sales of men’s products from 24% to 29%. Sales in Europe will increase from 29% to 34% of Delta Galil total revenues.

Eminence brings to Delta Galil a men’s premium French brand, which has the second largest men’s underwear market share in France, with products ranging from undergarments to polo and technical shirts to Eminence Tech+. ATHENA adds a sporty and athletic, family mass market French undergarment brand that is modern and cool. In addition to the French brands, the transaction includes Liabel, an Italian brand, founded in 1851, which stands on heritage and tradition and brings strong brand awareness as a mass market Italian t-shirt and underwear brand for the entire family.

Posted July 9, 2018

Source: Delta Galil Industries

Rogers Acquires Griswold LLC

CHANDLER, Ariz.  — July 9, 2018 — Rogers Corp., a producer of engineered material solutions, has announced the acquisition of Griswold LLC, a manufacturer of custom-engineered cellular elastomer and high-performance polyurethane. Griswold’s products and solutions serve a variety of applications in the general industrial, electronics, automotive and consumer markets. Griswold’s custom-engineered cellular elastomer expands the product portfolio of Rogers’ Elastomeric Material Solutions (EMS) segment, while Griswold’s high-performance polyurethane products increase Rogers’ existing EMS capabilities.

“Griswold LLC is an outstanding strategic fit with Rogers’ Elastomeric Material Solutions business. This acquisition demonstrates continued execution on synergistic M&A, a core element of our strategy,” said Bruce Hoechner, Rogers’ president and CEO. “Like our recent DeWAL and Diversified Silicone Products acquisitions, the Griswold acquisition builds on our existing EMS platform of highly engineered materials and adds new products and capabilities to our EMS portfolio. We are excited Griswold is now a part of Rogers Corporation, and our focus has turned to a successful integration in the months ahead.”

The transaction closed Friday July 6, 2018. Terms were not disclosed. Rogers’ expects the transaction to be accretive to 2019 earnings per share. Trailing twelve month revenues for Griswold were nearly $30 million, and Rogers plans for Griswold’s profitability to be comparable to EMS’ current product lines in 2020 and beyond.

Rogers delivers Power Electronics Solutions for energy-efficient motor drives, e-Mobility and renewable energy; Elastomeric Material Solutions for sealing, vibration management and impact protection in mobile devices, transportation interiors, industrial equipment and performance apparel; and Advanced Connectivity Solutions for wireless infrastructure, automotive safety and radar systems.

Posted July 9, 2018

Source: Rogers Corp.

Graco Names Angela F. Wordell Executive Vice President Of Operations

MINNEAPOLIS — July 9, 2018 — The Board of Directors of Graco Inc., a manufacturer of fluid handling equipment, has named Angela F. Wordell executive vice president of Operations, effective December 29, 2018. Wordell succeeds Charles L. Rescorla, executive vice president of Operations and president of the Oil & Natural Gas Division, who will retire from the company at the end of the year. The Oil & Natural Gas Division will be reassigned internally.

“Chuck has been an exemplary model of our values and focus here at Graco through his commitment to producing results with integrity,” said McHale, Graco’s president and CEO. “Chuck has been a leader in shaping our manufacturing and distribution processes to achieve the level of manufacturing excellence that is core to our business today. On behalf of the Board of Directors, our employees and customers, I want to thank Chuck for his dedication over the past 30 years and wish him all the best in retirement.”

Wordell brings to her new role vast knowledge and experience from her 25 years in the Graco manufacturing environment including numerous roles in manufacturing engineering and management across the Contractor Equipment, Industrial Product and Process divisions, as well as the Sioux Falls, South Dakota and Suzhou, China manufacturing facilities. Most recently, Wordell has led Graco’s Purchasing organization since January 2017, and served as director of Manufacturing Operations for the Industrial Products Division from 2008 to 2017. Wordell holds a bachelor’s degree in Industrial Technology from the University of Wisconsin – Stout and an MBA from the University of St. Thomas.

“Angie has a proven track record of operational excellence at Graco. In addition to her U.S. responsibilities, Angie has provided guidance to Graco’s international manufacturing and procurement operations, further enhancing our ability to provide exceptional customer service worldwide. Her deep and extensive understanding of our global manufacturing system makes her well suited to lead Graco’s manufacturing operations,” said McHale.

Posted July 9, 2018

Source: Graco Inc.

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