Hyosung TNC To Be A Principal Sponsor Of 2026 Global Fashion Summit

SOEUL, South Korea— April 30, 2026 — Hyosung TNC, a complete sustainable textile solution provider and largest manufacturer of elastane by market share, is proud to be a Principal Sponsor of 2026 Global Fashion Summit taking place 5–7 May 2026 in Copenhagen, Denmark, where it will share developments with the production of its innovative BIO Elastane at the company’s new fully integrated bio-based production system in Vietnam.

Presented by Global Fashion Agenda, the Summit convenes leaders from across the fashion value chain to drive collective action on the industry’s most pressing priorities. Under the theme ‘Building Resilient Futures’, the 2026 edition reflects a pivotal moment for fashion as supply chains evolve and regulatory and cultural expectations shift. It calls on leaders to strengthen their capacity to adapt and to help shape systems that are collaborative, responsive, and prepared for long term progress.

“At a moment when the industry is moving from commitments to action, Hyosung TNC offers something beyond a material; a scalable, system designed to make bio-based the new baseline, not the exception,” said Simon Whitmarsh-Knight, Hyosung TNC Marketing and Sustainability Director – Textiles. “We are excited to share how our Bio Elastane can be the solution to brands’ bio transition, powered by sugarcane at the 2026 Global Fashion Summit.”

Hyosung Bio Elastane – Your bio transition, powered by sugarcane

Fashion has long relied on fossil-based materials to deliver the performance consumers expect. Changing that requires more than intention, it requires infrastructure.

Hyosung TNC is building that infrastructure. As the world’s largest elastane manufacturer by market share, the company has committed $1 billion to establishing the first fully integrated bio-based production system of its kind: from sugarcane to Hyosung TNC’s Bio-BDO, Bio-PTMG, and ultimately Bio Elastane, all within a single, connected value chain.

Sugarcane marks a new chapter in bio-based material innovation. As the industry pushes further into renewable feedstocks, sugarcane represents where that journey is heading, a crop with established large-scale agricultural systems and strong carbon reduction potential. Hyosung TNC’s sugarcane feedstock is verified through the VIVE platform.

For brands, this translates to something rare in sustainable sourcing, a bio-based elastane that performs without compromise. Hyosung Bio Elastane delivers the same durability, stretch, and recovery demanded by activewear, sportswear, and compression applications while supporting meaningful reductions in carbon footprint.

As principal sponsor of Global Fashion Summit, Hyosung TNC will be involved in roundtable and panel discussions along with having a stand in the DR Concert Hall.

Additionally, the company will be featured in the Fashion Redressed II Series, produced for Hyosung TNC by BBC StoryWorks Commercial Productions and presented by Global Fashion Agenda at the Global Fashion Summit.

Fashion Redressed II

Building on the global success of the first series, Fashion Redressed II is the second iteration of the branded content series, presented by the Global Fashion Agenda and produced for GFA by BBC StoryWorks Commercial Productions, exploring how the fashion industry is being reimagined from the inside out. The series follows the innovators, workers and entrepreneurs across the globe asking what it would take to do things differently.

From factory floors in Bangladesh and Honduras to a ceramicist’s studio in North London and a sugarcane field in Brazil, these stories reveal a changing industry and the people within it who are, in myriad ways, trying to realise that change. Through intimate, hopeful films, Fashion Redressed II invites audiences to meet the people who are trying to find exciting and unexpected solutions to some of the industries greatest challenges.

“We are delighted to be a part Fashion Redressed II Series produced for Hyosung TNC by BBC StoryWorks Commercial Productions and presented by Global Fashion Agenda,” said Whitmarsh-Knight. The series spans the globe and meets the people at the heart of a fashion world we don’t often see. With stories ranging from bio-based material innovations and improving working conditions for garment workers, to fashion supply chain risks and the work it takes to keep brand heritage and tradition alive.”

The official video can be viewed at www.fashionredressed.com

Posted: May 3, 2026

Source: Hyosung TNC

CPM|CROWN Expands Offering With Full Line Of Conveyor Solutions

BLAINE, MN — April 30, 2026 — CPM|Crown today announced the expansion of its industry-leading equipment and service offering to include a full portfolio of conveyor solutions, strengthening CPM|Crown’s ability to deliver integrated, end-to-end systems, and providing oilseed processors with a single, trusted partner for system design, equipment and lifecycle support.

With the addition of conveyor systems, CPM|Crown now delivers a true one-stop solution for crush, proteins and specialty facilities.

Purpose-built for the demanding environments of oilseed processing, the new conveyor portfolio includes a full range of robust solutions designed to support every stage of material handling:

  • Chain drag conveyors — including vapor-tight drag conveyors for solvent-handling environments and horizontal loop conveyors for continuous material flow
  • Bucket elevators — belt and chain configurations for efficient, high-capacity vertical transport
  • Screw conveyors — including plug, tubular and U-Trough designs for controlled conveying, feeding and discharge
  • Belt conveyors — from single and triple roller systems to air-supported designs for long-distance, high-capacity transport

“For more than 75 years, CPM|Crown has been at the forefront of designing and engineering oilseed processing facilities,” said Kris Knudson, President. “Expanding into conveyor systems is a natural evolution of our business, allowing us to deliver even greater value to our customers.”

By sourcing equipment from a single provider, customers can reduce complexity, improve coordination and achieve cost efficiencies across their projects. CPM|Crown’s integrated approach ensures processers benefit from the highest quality engineering standards and best-in-class delivery performance, with systems designed for long-term reliability and serviceability to help minimize downtime over the life of the equipment.

One call. End-to-end support.

In addition to equipment, CPM|Crown supports oilseed producers through Lifecycle360™, a comprehensive, single-source support program. From pre-engineering through long-term operation, Lifecycle360 connects customers to a global service network and strategic parts inventory to help minimize downtime and keep operations running at peak performance.

“With CPM|Crown, customers gain more than equipment,” said Knudson. “They gain a partner that’s fully committed to their long-term success.”

For more information, visit OneCPM.com

Posted: May 3, 2026

Source: CPM Holdings, Inc.

UK Defense Textile Collaboration formed between Pincroft Dyeing & Printing and Toray Textiles Europe Ltd.

ADLINGTON, UK — April 30, 2026 — As the UK Government looks to secure a resilient domestic supply chain, Pincroft Dyeing & Printing and Toray Textiles Europe Ltd have responded to the need for printed woven technical textiles for the UK defence sector. Both companies are established suppliers to NATO military programmes and are now well positioned to support UK defence requirements.

Pincroft’s new Rotascreen TG by Austrian manufacturer Zimmer, with 12 printheads and a magnet system to ensure greater precision, faster reorders and uniform coverage.
Photo — Pincroft Dyeing & Printing

Strategically located in the Northwest of England, Pincroft operates one of Europe’s largest fully integrated textile processing, printing and finishing facilities. Exporting to more than 80 countries and with an annual production capacity exceeding 50 million metres, the company has built a strong reputation in military printing and flame retardant finishing. Armed forces around the world already wear uniforms made with fabrics processed at Pincroft.

Toray Textiles Europe Ltd is a leading technical textile manufacturer specialising in the weaving, dyeing and finishing of synthetic fibre textiles across defence, medical and industrial applications. A recent investment of more than £15 million in advanced looms and process machinery has further strengthened its capability to support future demand.

Paul Farrell, Group Sales Director at Pincroft, said: “Leveraging our combined expertise and innovation, alongside our UK-based operations and supply chains, Pincroft and Toray are well placed to support the shared goals of strengthening national security, driving economic growth and improving sustainability.”

Paul Daynes, Sales Manager at Toray Textiles Europe Ltd, added: “Pincroft and Toray operate at a scale capable of delivering national programmes while manufacturing a high-quality UK product. This collaboration supports employment across the manufacturing sector and helps build a resilient domestic supply chain for our armed forces.”

Both businesses were honoured to receive a visit from HRH The Princess Royal as President of the UK Fashion & Textile Association in 2025 which underscored the significant investment they have both made in their respective weaving, dyeing, finishing and printing capabilities, as well as increasing capacity at both sites.

Adam Mansell, CEO of the UK Fashion and Textile Association has welcomed this new defence textiles collaboration and said: “The UK already sells to major forces across the world, from the Netherlands, Germany and France, across to Australia and New Zealand, so why not the UK? The UK MOD and other UK procurement agencies need to be incentivised, or required, to source more of their products from reliable UK sources and see the bigger UK industrial picture.”

Posted: May 3, 2026

Source: Pincroft

BioMADE Announces $21.4 Million Invested In 14 Projects To Develop The U.S. Bioindustrial Manufacturing Industry And Advance National Security Priorities

MINNEAPOLIS-ST. PAUL / MN/EMERYVILLE, CA.— April 29, 2026 — BioMADE announced 14 cutting-edge new projects that will support the growth and development of the U.S. bioindustrial manufacturing industry. These projects will support the manufacture of innovative bio-based products like a lithium biosorbent for biomining; plastics for 3D printing; proteins for wound healing and chemical defense; biosensors for disease detection; and more. They will leverage state-of-the-art methodologies like machine learning, AI, and advanced new sensors and purification systems. Projects will also support the development of the needed biomanufacturing workforce through projects that are easing the transition for veterans into civilian careers, launching community college programs, and developing hands-on apprenticeship programs.

“Global competition for bioindustrial manufacturing is at a critical tipping point, with many countries around the world investing heavily in biotechnology innovation and commercialization. If the U.S. is to remain competitive, we must do the same,” said Douglas Friedman, Chief Executive Officer at BioMADE. “We appreciate U.S. Department of War and the National Science Foundation’s continued support for domestic biomanufacturing and their steadfast commitment to establishing the U.S. as a global leader in the 21st century bioeconomy through BioMADE.”

These projects represent a shared investment of over $21 million across 23 different member organizations that are located across the country – from the coasts to the heartland – highlighting the breadth and depth of the rapidly growing U.S. bioeconomy.

“BioMADE’s newest projects showcase the dual importance of bioindustrial manufacturing and its benefits to both the commercial and defense sectors,” said Stephen Recchia, Program Manager for the Department of War Manufacturing Innovation Institutes. “Bioindustrial manufacturing has the power to secure domestic supply chains for essential chemicals and materials, enhance national security by reducing reliance on foreign inputs, and enable point-of-need manufacturing for warfighters.”

For the first time, some of these projects are funded through a partnership with the National Science Foundation, which will support initial efforts from the basic research through proof-of-concept, with BioMADE supporting technology maturation, risk reduction, and scale-up aspects of each integrated project.

“Fundamental biological and biomanufacturing research supported by NSF has led to advances in health, food, fuels and chemicals,” said Susan Marqusee, NSF Assistant Director for Biological Sciences. “These new projects build on NSF’s long-term investment and help us to further economic growth in industrial biotechnology — a sector that contributes over $200 billion to the U.S. economy.”

“By connecting academic researchers with BioMADE’s industry members, this public-private collaboration will help realize the potential of fundamental science and engineering research for food, health, chemicals and materials,” said Don Millard, head of the NSF Directorate for Engineering. “This partnership will allow researchers to investigate new ideas for biomanufacturing, test and improve new methods at scale, and ultimately make biotechnology advances widely available.”

“We’re grateful to the National Science Foundation for their partnership and investment in these projects,” said Melanie Tomczak, Chief Technology Officer and Head of Programs at BioMADE. “BioMADE has always represented the power of collaboration, bringing together public, private, and government partners to enact change for the U.S. biomanufacturing industry. These projects are no different, and I look forward to seeing the wide-reaching effects that our members will have through this work.”

Bioindustrial manufacturing uses biological systems to convert agricultural feedstocks and waste streams to high-value chemicals, materials, textiles, fuels and lubricants, bioplastics, composites, and other products for consumer and defense needs. Because bioindustrial manufacturing typically uses feedstocks such as corn, soy, and sugar beets, American farmers will benefit from the new markets created by BioMADE technologies, and rural communities will benefit from the manufacturing jobs creating the associated products.

As the U.S. competes for global leadership in this growing industry, these new projects will move the need by scaling up production of needed products, improving processes that span the industry, and building the needed workforce.

Technology and Innovation Projects

6 projects | $4.6 million DoW funds | $2.2 million NSF funds | $4.8 million non-federal cost share

Federal funding from the U.S. Department of War and the U.S. National Science Foundation

  • Optimizing Lithium Release and Recovery for Cost-Effective Biomining Processes – This project will develop and validate a scalable microbial process for extracting lithium from produced water, a lithium-rich industrial byproduct generated during oil and gas production.
    Member: AlkaLi Labs
  • Driving Cost Reduction in Biomanufacturing Biomaterials from Methane: Engineering Novel Strains to Increase Downstream Processing Efficiency – By increasing the efficiency of downstream processing, this project will reduce costs and improve overall process economics to produce PHA from methane gas for use in films, fibers, and 3D printing.
    Member team: Mango Materials, University of California, Davis
  • Development of Genomic Language Models to Predict Optimal Genomes for Commercial Protein Production – This project will create a first-of-its-kind predictive AI model that will accelerate strain optimization for the production of resilient and cost-effective proteins capable of wound healing, advanced nutrition, chemical defense, or other defense-relevant compounds.
    Member team: Triplebar, University of California, Berkeley
  • In-Fermenter Cell Datastreams: Wireless Networks of Free-Floating Microbial-Electronic Sensors – Using a network of in-bioreactor free-floating sensors, this project will generate a new type of datastream from industrial bioreactors to enable predictive artificial intelligence (AI) and machine learning (ML) for fermentation optimization.
    Member team: Boston University, Capra Biosciences
  • Cell Cultured Chocolate – Through novel bioreactors, improved vessel and media sterilization methods, and in-line biomass sensors, this project will lower the production costs of high-quality chocolate products by using cacao plant cell culture.
    Member team: University of California – Davis, California Cultured
  • Low-Cost Nanobody-Based Growth Factor Replacements – This project will develop scalable, low-cost manufacturing methods for next-generation media additives that could enable distributed production and deployment for diagnostics and countermeasures in response to new disease outbreaks warfighters may be experiencing around the world, as well as protecting everyday Americans.
    Member team: Roke Biotechnologies, Duke University

Education and Workforce Development Projects

6 projects | $4.4 million federal funds | $5.2 million non-federal cost share

Federal funding from the U.S. Department of War

  • How To Grow (Almost) Anything: A National Network for Enabling and Scaling EWD in Biomanufacturing – This project will train the next generation of bioindustrial manufacturing talent by creating and implementing a custom curriculum that will include hands-on lab modules, weekly lectures, and individual and network-wide final projects that reflect current and emerging needs in the bioindustrial manufacturing sector.
    Member: Massachusetts Institute of Technology
  • Apprenticeship Framework for Pilot-Scale Bioindustrial Manufacturing Operator Training – By developing an apprenticeship training program for biomanufacturing operators in a pilot plant environment, this work will result in trained apprentices and a blueprint to translate the apprenticeship program to other facilities across the U.S.
    Member team: Manus, University of Georgia
  • DESIGN of a Biomanufacturing EWD Prototype to Support the Growth of South Dakota’s Bioeconomy – This pilot-scale biomanufacturing education and workforce development training program will create course content for people at all levels interested in a career in biomanufacturing, including veterans re-entering the civilian workforce.
    Member team: Dakota BioWorx, South Dakota Biotech
  • NC BioMISSION – After partnering with industry to build a robust curriculum, this project will launch an undergraduate certificate program, provide a capstone industry experience, and integrate data analytics, data science, and machine learning for biomanufacturing.
    Member: University of North Carolina, Greensboro
  • SPRINT: Scalable Protein Research for INnovative Training – This project will expand, implement, and publicly share a scalable biomanufacturing training model to prepare thousands of undergraduate students for careers in the bioindustrial manufacturing economy.
    Member team: University of California – Davis, MiraCosta College, Modesto Junior College
  • Strengthening the Life Science Talent Pipeline: Life Science Career Fellowship Personalized Cohort – By working with multiple community colleges in Los Angeles and the Bay Area, this project will provide comprehensive career preparation through personalized industry mentorship, professional development workshops, networking opportunities, and company tours.
    Member team: Biocom Institute

Safety and Security Projects

2 projects | $131,000 federal funds | $131,000 non-federal cost share

Federal funding from the U.S. Department of War

  • Development of Biopesticide Life Cycle Analysis Resources – Researchers will create a comprehensive Life Cycle Assessment and Life Cycle Inventory Data Gap Framework for a representative biopesticide that will include critical data and tools to understand and reduce detrimental impacts throughout the bioproduct life cycle—from raw material sourcing to production and end use.
    Member team: Boundless Impact Research & Analytics, Invasive Species Corporation
  • Resilient Domestic Feedstocks for the U.S. Precision Fermentation Industry – This project will improve domestic bioindustrial manufacturing outcomes and increase its competitiveness through enhanced Life Cycle Assessments (LCA) of feedstocks.
    Member: Checkerspot

Posted: May 3, 2026

Source: BioMADE

INDA Remembers Former President Rory Holmes With Gratitude And Affection

Former INDA President, Rory Holmes

CARY, N.C.— April 29, 2026 — INDA is remembering with deep appreciation its former president, Rory Holmes, who passed away on April 24 at the age of 79.

Holmes led INDA from 2004 until his retirement in 2013, capping a four-decade career in the nonwovens and engineered fabrics industry. Before joining INDA, he held leadership roles across operations, research, technology, sales, and marketing at Johnson & Johnson, Chicopee/PGI Nonwovens, and the Nonwovens Cooperative Research Center (now known as The Nonwovens Institute).

Rory will be remembered not only for his professional accomplishments, but for the way he connected with people. He was known as someone who would readily lend a hand, offer guidance, and bring a sense of warmth and humor to every interaction.

“Although I did not have the privilege of knowing Rory personally, his impact is still very much felt today,” said INDA President & CEO Tony Fragnito. “I continue to hear from members and colleagues who speak highly of his leadership, his generosity, and the lasting mark he left on INDA and the industry. He clearly meant a great deal to many people, and he left his mark on the industry through his deep commitment to leadership and his lasting impact on INDA.”

Holmes was honored with the INDA Lifetime Achievement Award in 2013 in recognition of his many technical and industry contributions. During his tenure, he helped shape INDA’s future by launching new events, expanding corporate membership, growing revenue, and enhancing the association’s services, research, and communications.

Born in Omaha, Nebraska, Holmes earned a degree in mechanical engineering from the University of Nebraska-Lincoln. Outside of his professional life, he was an avid golfer, fisherman, and sportsman, and a trusted mentor and friend to many.

Posted: May 3, 2026

Source: INDA, the Association of the Nonwoven Fabrics Industry

Experience Trützschler’s Fiber Processing Technologies At ITM 2026

MÖNCHENGLADBACH, Germany— April 29, 2026 — From June 9 to 13, the Trützschler Group will present its latest machinery, service expertise and digital solutions at ITM 2026 in Istanbul, Türkiye. Visitors are invited to explore innovations across Spinning, Card Clothing, and Nonwovens at Hall 7, Booth 714A at the Tüyap Fair Convention and Congress Center. Experience modern fiber processing with Trützschler and visit our booth!

Trützschler Spinning

T-CAN is Trützschler’s automation solution designed to transform can transport
in spinning preparation.

Trützschler Spinning will focus on technologies that enable highly efficient, stable, and resource-saving spinning preparation, with a strong emphasis on automation and direct spinning. At the heart of our booth, visitors will experience Trützschler’s latest automation highlight: T-CAN – a smart system that intelligently combines self-driving cans with AGV technology and an intuitive software interface. In this way, T-CAN significantly reduces manual handling. The result is lower operational costs, minimized downtime, as well as consistent and reliable material allocation. Developed in response to rising labor costs and increasing labor shortages in the global textile industry, T-CAN represents a key step towards more automated, efficient, and future-ready spinning mills.

A further highlight is the combination of the next-generation card TC 30i and the integrated draw frame IDF 3, which together form a perfect match for direct spinning. The TC 30i achieves up to 40% higher productivity, while maintaining or even improving yarn quality. Its intelligent feature T-GO enables extremely precise carding gap settings far beyond what is achievable manually. The only proven automatic gap optimizer has successfully demonstrated its value in several thousand customer operations worldwide. The IDF 3 provides a shortened spinning preparation process for rotor and airjet applications without compromising on quality. It is highly valued for its user-friendly operation. A new can changing system increases card efficiency by up to 3%, while advanced measuring devices support more homogeneous slivers and improved yarn quality.

The powerful combination of TC 30i and IDF 3 delivers high productivity, stable yarn parameters, and efficient processing of blends with high short fiber content or recycled materials.

Experts will also be available to discuss Trützschler’s latest advancement in combing technology: the TCO 21XL. This innovation increases productivity by about 50% because it operates twelve heads instead of a typical eight head setup, while delivering the same excellent sliver quality and, at the same time, requiring less energy per head. Equipped with the COUNT CONTROL function, the TCO 21XL further enhances quality assurance in the combing process. The result is a permanently constant sliver count for first-class yarn quality.

Beyond machinery, service and digital solutions will complete our presence at the fair. With local service and technology support teams, local spare parts and wire stocks and Trützschler repair stations, customers can rely on fast assistance and minimized downtime in Türkiye and globally. Our service team will present possibilities to upgrade existing machinery and the latest service tools. In addition, visitors can explore

MyMill, Trützschler’s cloud‑based platform for monitoring and optimizing spinning mill operations. MyMill is one of several digital services available via the My Trützschler platform, which serves as the central digital access point for Trützschler customers. My Trützschler bundles all digital services in one place and provides seamless access to applications such as MyMill, Training and Spare Parts Shop, offering valuable insights and support across the entire Trützschler ecosystem.

Trützschler Card Clothing

At ITM 2026, Trützschler Card Clothing (TCC) will unveil a new flat top, designed for spinning mills that aim for reliability and long-term performance in modern spinning preparation. Engineered for robustness and durability, this innovation is designed to support consistent performance over an extended service life. Fully recyclable and seamlessly compatible with Trützschler’s intelligent carding systems, the new flat top reflects TCC’s commitment to durability, efficiency, and sustainable design in card clothing.

Trützschler Nonwovens

With the T-SUPREMA needle-punching concept, successfully implemented with Texnology, Trützschler Nonwovens targets producers of technical nonwovens with flexible, proven solutions for geotextiles, filter media and other durable applications. The concept is complemented by the new NC-Xe card, a fit-for-purpose and cost-efficient solution that meets strong demand from cost-conscious investors while delivering proven Trützschler product and process quality.

Another focus is Trützschler Nonwovens’ proven carding technology for supersoft air-through bonded (ATB) hygiene nonwovens. With special designs, tailored configurations and dedicated component executions, the NC-X card reliably processes the finest bicomponent microfibers down to 0.4 denier. This enables the formation of highly voluminous, uniform and exceptionally soft webs, ideally suited for high-quality diaper backsheet and topsheet applications.

Globally proven Carded/Pulp and Wet‑Laid/Spunlace line solutions for the production of lightweight nonwovens for disposable wipes and moist toilet tissue complete the Trützschler Nonwovens portfolio.

Connect with us in Istanbul!

Whether it’s advanced spinning preparation with T-CAN, TC 30i, IDF 3 and TCO 21XL, a powerful new

card clothing innovation, or future-oriented nonwoven technologies – ITM 2026 brings all of our key innovations together. Our experts are looking forward to welcoming you at Hall 7, Booth 714A. Together, we take your fiber processing performance to the next level – boosting productivity, efficiency and cost-effectiveness.

Posted: May 3, 2026

Source: Trützschler Group SE

ECCO Introduces First Shoe Featuring Innovative Protein-Based Fibre

JYVÄSKYLÄ, Finland — April 29, 2026 — ECCO, in partnership with Spinnova, announces the launch of the limited edition ECCO BIOM® 720, a first-of-its-kind shoe utilising an often overlooked leather by-product, transformed into a protein-based fibre. The fibres are produced using patented technology that advances material innovation while reducing waste and supporting full resource use across the leather and textile industry.

ECCO Spinnova BIOM720

ECCO and Spinnova began their collaboration in 2020 through a joint venture exploring how leather by-product raw materials could be utilised as textile fibres. Using the unique technology, by‑products that are typically discarded, burned for energy or composted during leather production, are instead transformed into durable fibres, giving residual materials an entirely new function and lifespan. Unlike traditional recycling methods that downcycle leather into lower‑value applications, this process preserves the natural integrity of the leather fibre, enabling performance suitable for textile manufacturing.

The technology is based on mechanical refining rather than chemical dissolving. Wet blue shavings – thin layers removed to achieve consistent leather thickness – are processed into continuous textile fibre filaments that can be cut into textile‑grade fibres. The resulting material has tensile strength comparable to wool and elongation at break roughly twice that of cotton, combining durability and flexibility. This enables versatile use across woven and knitted textile structures, while supporting more efficient manufacturing with reduced production waste.

The launch demonstrates how innovation can transform an undervalued by‑product into a valuable new resource. By upcycling leather offcuts into premium textile fibres, ECCO and Spinnova have developed a circular solution that preserves material integrity, reduces waste, and creates new possibilities for footwear and textile applications. With the protein-based fibre now debuting in ECCO footwear, this milestone marks the transition from long‑term development to real‑world application.

“This launch is a meaningful moment for us, as it represents the culmination of over five years of close development work with ECCO. Together, we have shown that leather by-product can be transformed into a high‑quality textile fibre with commercial relevance, and it is rewarding to now see this innovation become part of a finished product”, says Janne Poranen, Chief Executive Officer of Spinnova Plc.

“Working closely with Spinnova, we’ve explored how new approaches to materials can unlock value from existing resources. By combining our expertise with their pioneering technology, we’re pushing how footwear can be made”, comments Thomas Gøgsig, Chief Executive Officer of ECCO.

Posted: May 3, 2026

Source: SPINNOVA PLC

CapEx Finance Index March 2026: Q1 New Equipment Demand A Record High

WASHINGTON, DC — April 28, 2026 — The latest CapEx Finance Index (CFI), released today by the Equipment Leasing & Finance Association (ELFA), shows that while new deal growth edged down in March, total new business volumes (NBV) recorded its strongest quarter on record. Financial conditions remain stable despite ongoing regional tensions in the Middle East. The industry maintains a strong buffer against the surge in energy prices and the upcoming leadership transition at the Federal Reserve.

  • Total NBV among surveyed ELFA member companies was $10.8 billion on a seasonally adjusted basis.
  • Year-to-date NBV rose by 18.6% relative to the same period in 2025.
  • Year-over-year, NBV increased by 12.5% on a non-seasonally adjusted basis.

“Geopolitical tensions and economic uncertainty appear to have hit another gear in 2026, but demand for equipment has so far been unaffected,” said Leigh Lytle, President and CEO at ELFA. “New business volume growth slowed modestly in March, but the industry just experienced its strongest quarter ever. The full economic impact of the conflict in the Middle East has not yet been felt in the data, so I wouldn’t be surprised to see some deterioration in demand heading into the summer. That said, financial conditions remain healthy, and I’m optimistic that our industry can weather the dual impact of higher prices and a changing of the guard at the Fed.”

Equipment demand remained strong. Total NBV grew by $10.8 billion in March, a contraction of 1.8% from the $11.0 billion recorded in February. The total new volume series tracks the amount of new activity added by banks, independents, and captives in a given month. While the headline index has declined for two consecutive months, total new volumes hit their highest quarterly dollar amount ever at the start of the year. New volume growth is on pace to exceed its 2024 annual total, which was the largest dollar amount ever recorded in the survey’s history.

Small ticket volume growth tracks broader economic conditions and is an important barometer of aggregate demand for equipment. Small ticket deals grew by $3.4 billion, down 17.7% from February. December through February saw the strongest total small deal volume dollar amount ever, and the March dollar amount is just under its trailing 12-month average of $3.6 billion.

Activity at banks and independents rose by 2.3%, while new volumes declined by a modest 0.2% at captives. New deals at independents plummeted 34.3% from the prior month but were only down 0.3% year over year.

The overall credit approval held firm at a high level. The industry-wide average ticked up to 77.2% in March, up 0.1 percentage points from the prior month. Over the last year, the credit approval rate was up 1.1 percentage points. The average small ticket approval rate rose for only the second time in six months, to 79.8%. The rate at banks dropped by 0.2 percentage points, while the rate at captives rose 0.8 percentage points, and the rate at independents was unchanged.

The delinquency rate edged up, and the loss rate rose further. The overall delinquency rate rose to 2.0% in March, in line with its average over the last two years. The delinquency rate at banks rose by 0.4 percentage points, while the rate at captives fell by 0.21 percentage points. The rate at independents was up 0.04 percentage points.

The overall loss rate increased by 0.07 percentage points to 0.62%. The average loss rate for small ticket deals also rose to 0.93%, driven predominantly by a single survey respondent. The average loss rate for all three industry groups increased from the prior month.

Industry Confidence

The Monthly Confidence Index tracks the sentiment of executives in the industry. The index in April is 54.6, a decrease from 61.0 in March, and the lowest level since May 2025.

“Tariffs may have stalled decision-making in 2025, but 2026 is all about execution,” said John Paradisi, Chief Executive Officer of Libertas Funding. “We are seeing strong activity across construction, healthcare, and manufacturing, where businesses are moving on expansion projects and equipment upgrades that require both equipment financing and working capital. Geopolitical uncertainty, including the situation in Iran, continues to pressure supply chains and input costs, making access to flexible working capital even more critical. As borrowing costs remain elevated, businesses are prioritizing speed and access to capital over cost alone. Working capital has become the bridge that keeps large-scale projects moving forward on schedule.”

Technical Note

New business volume data are concurrently seasonally adjusted each month to capture the latest seasonal patterns. Data in previous months and years may change due to updated seasonal factors.

Posted: May 3, 2026

Source: Equipment Leasing & Finance Association (ELFA)

Successful Opening Of The KARL MAYER TEXTILE INNOVATION CENTER

OBERTSHAUSEN, Germany — April 28, 2026 — KARL MAYER inaugurated its new, state-of-the-art TEXTILE INNOVATION CENTER (TIC) with a four-day opening week from April 21 to 24. The highlight of the week was the grand opening on Thursday, which drew a strong turnout from the international textile industry: around 220 customers, brands, and partners from across the textile value chain came to the company’s headquarters in Obertshausen for a first-hand look at the new high-tech development environment and lively exchange with industry peers.

Ribbon cutting ceremony (from left to right): Karl Josef Mayer (representative of the Mayer family and Member of the Supervisory Board), Melanie Bergmann (Senior Manager Textile Innovation), Lutz Wolf (CEO), and Sascha Müller (Global Head of Textile Innovation) officially open the TEXTILE INNOVATION CENTER

“We believe in the value of textiles” – these were the words with which Karl Josef Mayer, a representative of the Mayer family and a member of the Member of the Supervisory Board, welcomed the guests to the joint celebrations.

“With the opening of our new TEXTILE INNOVATION CENTER we want to make a clear statement and send a strong signal to the entire textile industry worldwide that we at KARL MAYER believe in the value of textiles and that we are ready and willing to invest into the future of your business, the future of our industry and especially into all our ‘love for textiles’,” said Karl Josef Mayer.

Lutz Wolf, CEO of KARL MAYER, echoed this sentiment, elaborating on the significance and objectives of this investment.

“This is a milestone. It is a commitment to our markets as well as to our further strategic development. This TEXTILE INNOVATION CENTER is designed as a place where ideas come to life – a place for collaboration, for creativity and for market-relevant solutions. Our goal is simple:

To create value together with you through open exchange, fresh thinking, and close cooperation in one shared space,” Lutz Wolf emphasised.

The breadth of these perspectives was on full display in the keynote by Vishnu Prakash Muthusamy, Lead Textile & Material Development Engineer at New Balance Athletics. The expert showcased impressive shoe innovations made possible by warp knitting technologies.

The TEXTILE INNOVATION CENTER in Obertshausen is part of something bigger. It is embedded in a global network, with additional centres in China and Japan. Each location has its own focus, is closely connected worldwide, and is simultaneously aligned with regional strengths and needs. They bring together the expertise of approximately 15 highly qualified experts in the fields of materials, processes, machine technology, and textile applications, who are available to partners worldwide.

During guided tours of the spacious, state-of-the-art facilities in Obertshausen, guests at the grand opening saw first-hand what the TEXTILE INNOVATION CENTER has to offer. Across 5,000 square meters, the center offers a globally unique environment for rapid, application-oriented textile development – from the initial idea through prototyping to industrialization. State-of-the-art machinery, in-depth technical expertise, and a profound understanding of the market make the TEXTILE INNOVATION CENTER a pivotal innovation platform for the industry.

State-of-the-Art Machines: Bringing Innovation to Life

The TEXTILE INNOVATION CENTER is the only facility in the industry to bring together the technology of Warp Knit, Warp Prep, and Technical Textiles under one roof as a fully integrated platform.

Using 14 state-of-the-art machines, customers and partners work together with KARL MAYER experts to develop new solutions, test ideas, and create market-ready prototypes. True to the motto “Driving WARP KNIT Inspiration”, here ideas are not just conceived, but actually brought to life.

TIC SHOWROOM: Textiles & Applications

In a spacious showroom, visitors can explore – and touch – the full range of textile applications. Its curated display of textile materials and applications provides space for inspiration and fresh thinking – bridging the gap between vision, possibility and feasibility.

There is much to discover:

  • The latest samples from KARL MAYER’s textile product development range
  • Concept textiles and applications with real market potential
  • Trend collections straight from market scouting

The exhibits are clearly structured into tried-and-tested textile categories: Fashion & Apparel, Sports Textiles, Footwear, Home Textiles and Technical Textiles.

The grand opening placed a special spotlight on future-proof solutions for the workwear sector – from protective clothing to stylish items for the office.

INSPIRATION HUB: 90 Years of Textile Expertise

Here, the past becomes a springboard for new ideas: KARL MAYER’s unique design library offers a window onto nearly nine decades of textile innovation.

The INSPIRATION HUB is thus a creative catalyst – a place where accumulated knowledge serves as the foundation for innovation.

KARL MAYER Academy: Expertise for Professionals

The KARL MAYER Academy offers a structured range of training and learning opportunities – from machine training and workshops to hands-on learning programmes. The courses stand for sound expertise, the very highest quality and a clear focus on the demands of day-to-day production. Theory is not just taught here – it is put into practice.

Posted: May 3, 2026

Source: KARL MAYER Verwaltungsgesellschaft SE

trinamiX Mobile NIR Spectroscopy: New Applications For The Footwear And Textile Industry

LUDWIGSHAFEN, Germany — April 28, 2026 — trinamiX GmbH expands its solution portfolio for the circular economy, now enabling the identification of materials used in the footwear and textile industries. With its mobile near-infrared (NIR) spectroscopy solutions, trinamiX supports manufacturers, sorters, recyclers, and brand owners in reliably identifying materials and improving transparency across increasingly complex value chains.

trinamiX Mobile NIR Spectroscopy: Identification of textiles and shoe components
Photo: trinamiX GmbH

Modern footwear and textiles consist of complex material combinations and blended structures. As a result, visual inspection alone is no longer sufficient to determine their material composition. At the same time, regulatory requirements and sustainability targets are driving the demand for reliable and traceable material data.

“Material innovation is driving the future of footwear and textiles, but it also increases complexity across the value chain,” said Adrian Vogel, Segment Lead Circular Economy at trinamiX. “trinamiX Mobile NIR Spectroscopy Solution provides a practical tool that helps customers gain transparency, minimize risks, and enable informed decisions in recycling and circular economy processes.”

Reliable Identification of Shoe Components

Footwear products today consist of multiple components made from different polymers, foams, textiles and composite materials. The mobile NIR spectroscopy solution from trinamiX enables the reliable identification of commonly used shoe materials such as EVA, polyester and PU within seconds and directly on site. Measurements can be performed during incoming goods inspection, in production as well as in sorting or recycling processes. This improves material separation, quality control, and recycling readiness, while reducing contamination risks and manual sorting efforts.

Transparency in Textile Value Chains

Similar challenges arise in the textile industry, where blended fabrics pose major challenges for recycling and reuse. The trinamiX solution supports the identification of relevant textile materials and their blends such as cotton/polyester or viscose/polyester. For binary blends, fiber ratios are determined as percentages. Complex material compositions can be reliably analyzed and assessed.

The textile application will be available from May 2026. It is designed to support textile producers, brands, sorters, recyclers and carpet manufacturers in validating material declarations, improving sorting accuracy, and facilitating closed-loop recycling processes.

Integrated Handheld Solution for Decentralized Use

trinamiX enables material identification at the push of a button. The solution combines a robust handheld spectrometer with an intuitive mobile app and a cloud-based data platform. The handheld spectrometer trinamiX PAL Two enables fast, non-destructive measurements even in demanding environments. The mobile app guides users through the measurement process and delivers instant, easy-to-interpret results, while the customer portal enables secure documentation, visualization, and traceability of measurement data. Users benefit from reproducible results, minimal training requirements, and standardized material identification across different sites and regions.

The trinamiX ecosystem can also be seamlessly integrated into existing software solutions and platforms via interfaces (API), supporting further data processing in the context of regulatory requirements such as Digital Product Passports (DPP) and sustainability performance metrics.

Supporting Circular Economy Strategies

By enabling reliable material identification along the entire value chain, the trinamiX solution supports companies in implementing circular economy strategies. Improved material transparency helps increase recycling efficiency, reduce downcycling, and enhance the availability of high-quality secondary raw materials.

More information: https://trinamixsensing.com/application/textile-identification

Posted: May 3, 2026

Source: trinamiX GmbH a wholly owned subsidiary of BASF SE

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