Auburn University Applied Research Institute To Oversee $50 Million Army Advanced Manufacturing Project — The Largest Research Contract In University History

The project is designed to help the U.S. Army Combat Capabilities Development Command Aviation & Missile Center boost its increasing modernization efforts.

AUBURN, Ala. — January 11, 2024 — How much is Auburn University’s advanced manufacturing expertise worth to the U.S. Army? Up to $50 million.

That’s the total of a new three-year project — the single largest prime research contract ever awarded to Auburn University —  designed to help the U.S. Army Combat Capabilities Development Command Aviation & Missile Center boost its increasing modernization efforts.

Titled  “Lightweight, Advanced Manufacturing of Metallic, Polymer and Composite Structures for Aviation and Missile Weapon Systems,” the project will be facilitated through the Auburn University Applied Research Institute (AUARI) in Huntsville and rely extensively on research expertise from Auburn’s National Center for Additive Manufacturing Excellence (NCAME), and the Interdisciplinary Center for Advanced Manufacturing Systems (ICAMS).

“Our main objective is to enable the Army to incorporate advanced manufacturing materials and methods into existing and future aviation and missile systems,” said Robert Dowling, AUARI director of research development. “To do that, we’ll develop prototype advanced manufacturing processes required to analyze, design, develop, test, integrate and sustain qualified components for existing and future aviation and missile systems. The advanced manufacturing materials we’re considering include alloys, polymers and composites. The methods will include everything from machine learning to material properties characterization.”

Specific to the latter, $9.3 million of the award has already been designated for NCAME, which will use the funds to continue its industry-leading research into the materials, parts and process qualification necessary for furthering implementation of additive manufacturing in Army operations.

“While existing and future aviation and missile systems will be the direct beneficiaries of the project, successful results may be transferable to other government advanced manufacturing projects,” Dowling said. “A lot of effort has gone into developing this opportunity. We’re excited to get to work.”

Steve Taylor, Auburn University’s senior vice president for research and economic development, agrees.

“It goes without saying, but this is a significant accomplishment for Auburn’s research enterprise and our Applied Research Institute,” Taylor said. “But it also speaks volumes about how our Army partners in Huntsville, and beyond, are placing significant value on Auburn’s work in advanced manufacturing, which is a key research focus area for our Samuel Ginn College of Engineering. To say it’s paying off is an understatement.”

Dowling also calls the project tailor-made for fulfilling one of the AUARI administration’s stated goals — creating a pipeline for real-time engagement between stakeholders in Huntsville’s defense sector and Auburn University’s main campus.

“With this award, we’ve demonstrated the significant opportunities that can be created for faculty and students when we combine our core research expertise with customer proximity and knowledge,” Dowling said. “AUARI’s proximity to Redstone Arsenal and familiarity with Army customers and missions enabled the AUARI team to develop a highly responsive proposal representing a broad spectrum of Auburn’s research capabilities both on-campus and in Huntsville.”

In other words, mission accomplished.

“President Roberts’ vision for Auburn is built around dreaming bigger, being bolder and pushing our research endeavors to the next level,” Taylor said. “This historic award does exactly that.”

Posted: January 11, 2024

Source: Auburn University-College of Engineering

Wolverine Worldwide Sells Sperry

ROCKFORD, Mich. — January 11, 2024 — Wolverine World Wide Inc. announced today that it has sold the Sperry brand to Authentic Brands Group Inc., and the ALDO Group. The transaction closed on January 10, 2024, and will generate total proceeds of approximately $130 million in the first quarter to pay down debt, further strengthening the company’s balance sheet.

“The sale of the Sperry brand is the next step in our turnaround and strategic transformation,” said Chris Hufnagel, Wolverine Worldwide’s president and CEO. “We conducted a rigorous process that considered a comprehensive set of strategic alternatives for the brand, and we believe this is the best outcome for the company and our vision for the future.”

Today’s announcement builds on the company’s previously-announced asset monetization transactions that collectively generated nearly $250 million in cash in 2023.

“In a very short time, we have meaningfully reshaped Wolverine Worldwide — simplifying the portfolio, reducing our debt, and redesigning the organization to drive improved performance and profitability,” Hufnagel added. “These efforts have enhanced the company’s capacity to invest in our brands and platforms, and I am excited about the next chapter in our turnaround — focused squarely on building consumer-obsessed global brands and delivering greater value for our shareholders.”

Centerview Partners, LLC, served as financial advisors to Wolverine Worldwide, and Honigman LLP and Warner, Norcross + Judd LLP served as legal advisors.

Posted: January 11, 2024

Source: Wolverine World Wide Inc.

Asahi Kasei Acquires ISCC PLUS Certification For Several Additional Products

TOKYO/NEW YORK CITY/DÜSSELDORF, Germany — January 11, 2024 — Asahi Kasei and an affiliated company have acquired the widely recognized international sustainability certification ISCC PLUS for several products in the fields of thermoplastic elastomers and rubbers, engineering plastics, and other materials.

The Asahi Kasei Group aims to contribute to a carbon-neutral material value chain by focusing on initiatives such as the use of biomass raw materials, recycled raw materials, and renewable energy while deepening collaboration with other companies based on its medium-term management plan for fiscal 2024 focused on the theme “Be a Trailblazer.”

Asahi Kasei’s Mizushima Works Photo: Business Wire

The ISCC PLUS1 certification ensures that biomass, recycled materials, etc., are appropriately managed in the whole supply chain including manufacturing. With the acquisition of this certification, Asahi Kasei will be able to provide ISCC PLUS certified grades of below products.

Company name Product Trade name
Asahi Kasei Thermoplastic elastomer (TPE) Tufprene™ and Asaprene™ T styrenic thermoplastic elastomer,

Tuftec™ hydrogenated styrenic thermoplastic elastomer,

S.O.E.™ hydrogenated styrenic thermoplastic elastomer

Styrene-butadiene rubber (SBR) Asaprene™ solution-polymerized SBR
Butadiene rubber (BR) Asaprene™ polybutadiene rubber
Polyethylene (PE) Sunfine™ ultra high molecular weight polyethylene,

Suntec™ LD low-density polyethylene,

Suntec™ EVA ethylene-vinyl acetate copolymer,

Suntec™ HD and Creolex™ high-density polyethylene

Polyvinylidene chloride (PVDC) Saran Wrap™ cling film
Polyphenylene ether (PPE) Xyron™ polyphenylene ether
Polyamide (PA) compounds Leona™ polyamide resin
Styrene monomer
Cyclohexanol and Cyclohexane
Japan Elastomer Co., Ltd. Butadiene rubber (BR), styrene-butadiene rubber (SBR), crude C4, thermoplastic elastomer (TPE)

 

Leona™ polyamide resin

This achievement follows the company’s commendable certification of a diverse range of below materials in 2022, solidifying its commitment to responsible material sourcing.

Company name Product Trade name
Asahi Kasei Acrylonitrile (AN)
Methyl methacrylate (MMA)
Polymethyl methacrylate (PMMA) Delpet™ and Delpowder™
Styrene-butadiene rubber (SBR) Tufdene™ solution-polymerized SBR
Butadiene rubber (BR) Diene™ and Asadene™ polybutadiene rubber
Polyoxymethylene Tenac™ polyacetal
PP/PE compounds Asaclean™ molding machine purging compound
Asahi Kasei Mitsubishi Chemical Ethylene Corp. Ethylene, propylene, etc.

 

Okayama Butadiene Co., Ltd. Butadiene

1 ISCC (International Sustainability and Carbon Certification) is an international certification system that offers solutions for the implementation and certification of waste and residue raw materials, non-bio renewables and recycled carbon materials and fuels. ISCC PLUS is a certification system that covers mainly bio-based carbon materials which are produced outside of the EU and supplied globally, and to manage and ensure sustainable raw materials in the supply chain.

Posted: January 11, 2024

Source: The Asahi Kasei Group

DOMOTEX: A Great Moment For Sustainability — The GREEN COLLECTION Award

HANNOVER, Germany — January 11, 2024 — For the second time, the special display THE GREEN COLLECTION revolves around sustainability, circular economy and environmental protection in the carpet and flooring industry. Center of the special display was the award ceremony of the GREEN COLLECTION Award. The winners were announced on the first day of the fair, January 11, in a festive setting in front of a large audience.

Under the direction of Dr phil. Jacqueline Lemm, managing director and institute director of TFI Aachen, a high-calibre jury of experts selected the 10 most outstanding entries in the four competition categories from 70 global submissions. “It was a great opportunity to take part in the assessment of the GREEN COLLECTION Award. It’s amazing to witness how many businesses in the sector are already pursuing more environmentally friendly or recyclable solutions,” revealed Dr Lemm. Alongside Dr. Lemm, this year’s jury included Joachim Stumpp, managing partner of raumprobe | Material Bank, Reto Aschwanden, managing director of the non-profit organization Label STEP, Kemp Harr, publisher of the industry magazine Floor Focus, and Italian architect and interior designer Loredana Marvulli.

Winners GREEN COLLECTION Award 2024

Winners of the GREEN COLLLECTION Award 2024

Grassland Harmony | Manglam Arts
The jury liked the use of fast growing vegetable fibre in its undyed state and the products’ gorgeous natural look.

Salsa Atoll | Paulig Teppichweberei GmbH
Paulig convinced the jury with Salsa Atoll through the beauty and honesty of the art of handweaving and its very considerate approach, including the use of safe, high quality dyes, OEKO-TEX certification and strong social responsibility.

Olbia Pure Nature | Tisca Austria GmbH
The jury recognizes and awards the traditional, artisanal craftsmanship and the beauty of the sheep wool’s natural color, as well as its GOTS certification.

Engineered Hardwood Flooring | Forestry Timber
Forestry Timbers Engineered Hardwood Flooring is a great combination of smart technical approach and the superior qualities of its raw material.

LICO DENIM | Li&Co AG
Li&Co impressed the jury members with LICO DENIM, the up-cycling innovation of using garment waste for the top layer of a hard floor.

Heat-System natural | Unifloor Deutschland
The jury liked the replacement of the CO2 intense concrete layer by straw and other natural materials in the whole system.

WICANDERS WISE Bionatural | AMORIM Deutschland GmbH
Amorim Deutschland convinced the jury through the company’s continous efforts of using cork – and other renewable resources – in flooring.

Naturalan | ZIPSE GmbH & Co. KG
Besides the use of natural resources, the jury was particularly impressed by the company’s own circular reclamation system.

CERAMIN® | Classen Holz Kontor GmbH
CERAMIN® by Classen is an innovative combination of natural minerals and polypropylene for a durable, high performance product.

Tenacity Eco-Composite Flooring | CFL Flooring
CFL Flooring convinced the jury with Tenacity Eco-Composite Flooring, which uses a high percentage of recycled and natural materials present and therefore presents an attractive alternative to less sustainable, oil based products.

Posted: January 11, 2024

Source: Deutsche Messe

B.I.G. Yarns, A New European Producer Of PET BCF Yarns For Automotive Carpet

WIELSBEKE, Belgium — January 11, 2024 — To expand its support for high-end and luxurious automotive interiors, B.I.G. Yarns has completed its first industrial production runs of virgin polyester BCF yarns for automotive carpet to complement its line of polyamide PA6 superior yarns.

There is a growing market in PET for automotive interior applications, with polyester allowing automotive OEMs and Tier 1 to develop products that, from the outset, consider eco-design by building MONO-polymer carpets and flooring that are 100 percent recyclable at End of Life (EOL ). These materials are helping to ensure improved and more sustainable EOL recycling of electric vehicles that are driving the future of the car industry.

PET BCF yarns for automotive carpet.
(Photo: © Beaulieu International Group)

The new PET BCF Yarns offer high-performance for automotive carpets, including abrasion and stain resistance, and durability, passing all stringent automotive tests including the Taber test for abrasion performance, compressibility and recovery ability test, light fastness in automotive (DIN EN ISO 105-B06) and VOC (fogging) according the VDA 278 test on VOC and FOG emission. The yarns can be color solution dyed, have a dTex between 1300 and 1500, 81 filaments and are ideally for mats with a composition of 400 to 800 gram per m², while the yarns for molded carpets have a dTex of 1200, 144 filaments for 380 gram per m².

“As the industry continues its transition towards circularity, making the right material choice is crucial from the outset to ensure the best possible eco-design and recyclability. Our newcomer, PET BCF yarns, brings virgin material to automotive carpets, creating a new systemic approach towards MONO-polymer-based automotive applications,” said Glenn Hyzak, global sales director, Yarns.

With the addition of PET BCF yarns, B.I.G. Yarns is now a one-stop-shop for 3 types of Solution Dyed BCF carpet yarns for the automotive industry: nylon (PA6), polypropylene (PP) and polyester (PET), and the Eqo-range of PA6 yarns — the sustainability focused EqoBalance, EqoCycle and EqoYarn. This strategically positions the company to help carpet manufacturers meet their sustainability targets.

The automotive carpet market is expected to grow strongly in the coming decade with the increased demand for vehicle customization and personalization driven by owners looking to upgrade and enhance interiors, including the flooring area.

A growing awareness around car hygiene is also boosting the market as consumers become more conscious of maintaining cleanliness in their vehicles, including the floors. Automotive carpets provide an effective solution by trapping dirt and preventing it from spreading to other areas.

B.I.G. Yarns supports manufacturers as they invest in research and development to introduce more innovative and improved products to cater to these evolving consumer needs.

“From sustainability to enhanced functionalities and color, we work closely with our customers, supporting them in design for vehicle customization and personalization, and in building new carpet designs that have never be seen before. Be inspired by our SustainableYarns and our monthly Catch The Color and let us help you open up exciting new opportunities with our continuous focus on innovation and sustainability,” concluded Mélanie Monceaux, R&D manager B.I.G. Yarns.

B.I.G. Yarns is proactive in developing new products that better serve customers’ needs in a sustainable way. Its solutions are at the forefront of industry product design, and it is fully committed to achieving an improved climate impact in the full supply chain within the automotive interiors industry by focusing on what matters most.

Posted: January 11, 2024

Source: Beaulieu International Group

 

 

Ring And Open-End Spinner GHCL Textiles Ltd. Signs An Memo Of Understanding For Investing Rs. 535 Crores In Tamil Nadu

CHENNAI, India — January 11, 2024 — GHCL Textiles Ltd. — a manufacturer and supplier of 100-percent combed cotton compact ring spun yarns, cotton open-end yarns, 100 -percent synthetic and blend ring spun yarns, Vortex yarns and TFO yarns — signed an MOU with the Government of Tamil Nadu for an investment of Rs.535 crores on at the just concluded Global Investors Meet 2024. The MoU was signed in the presence of Honorable Chief Minister M K Stalin, senior ministers, and officials of the Government of Tamil Nadu. GHCL Textiles was represented by Mr.R.Balakrishnan, CEO and Mr.N.Rajagopal, Sr.GM (Technical).

The MoU entails investments for capacity expansion as well as investments in renewable energy in Tamil Nadu. Once implemented, GHCL Textile’s total investment in the state will be over Rs.1035 crores and its renewable energy portfolio will expand to 75 MW.

Commenting on the investment, R S Jalan, director, GHCL Textiles said: “It is our honor to be a part of the state and India’s growth journey. These investments are in line with our promise to consistently deliver value for our stakeholders through sustained expansion in earnings. Over the next four years, the investments will be used for capacity and product basket expansions, vertical integration of textile manufacturing to include knitted and woven finished fabrics as well as the enhancement of Green energy portfolio. Thus amplifying our value added product basket, accelerating growth and positioning us among the top-tier industry leaders.”

Posted: January 11, 2024

Source: GHCL Textiles Ltd.

Carpetworkz Leads The Way In Sustainability With Innovative Reused Carpet Services

SINGAPORE — January 11, 2024 — With a firm commitment to environmental responsibility, Carpetworkz, a leading carpet supplier in Singapore, is proud to introduce its reuse carpet service. The initiative is aimed at providing individuals and businesses with quality reused carpets at reduced prices while championing sustainability by contributing directly to waste reduction, promoting a circular economy in return.

Carbon footprint reduction

From energy-intensive manufacturing processes reliant on non-renewable materials to their disposal in landfills, carpets pose a substantial environmental challenge. The manufacturing alone accounts for significant greenhouse gas emissions, while their disposal leads to methane release, a potent greenhouse gas. This is where Carpetworkz’s reuse carpet service directly addresses these issues by extending carpets’ lifecycles, curbing the demand for new production, and notably reducing the overall carbon footprint associated with carpeting.

Event-based sustainability

Carpetworkz’s approach to sustainability revolves around the retrieval, refurbishment, and repurposing of carpets post-events. The process begins with Carpetworkz’s team swiftly retrieving used event carpets, thereby preventing these materials from being discarded as waste. Once collected, these carpets undergo a rigorous cleaning process that surpasses conventional cleaning methods. Specialised techniques are then employed to rejuvenate the carpets, ensuring they not only meet Carpetworkz’s stringent quality standards but also exude a refreshed appearance akin to new carpet flooring. This unique practice showcases the company’s dedication to environmental preservation but also underscores its commitment to offering a cost-effective solution to its clients.

“At Carpetworkz, we believe in the power of sustainable solutions, and our reuse carpet service aligns with our vision of providing high-quality flooring options while minimising environmental impact,” said Jacob Tan, CEO at Carpetworkz. “We’re excited to offer our customers an opportunity to be a part of our sustainability journey while making affordable, eco-conscious choices for their carpet flooring needs.”

Team collaboration for sustainable impact

The recent collaboration between Carpetworkz and Tarkus Interiors during Singapore Design Week was a testament to the transformational impact of collective action in driving meaningful change. Their partnership not only showcased innovative design solutions but also served as an educational platform, inviting visitors to reconsider the lifecycle of materials and embrace the significance of incorporating reused elements into contemporary design.

In essence, this initiative represents a pioneering approach to environmental consciousness, while also emphasising a dedication to innovation and client-centric solutions that revolutionise the way Singaporeans view carpeting solutions.

Posted: January 11, 2024

Source: Carpetworkz

PRINTING United Alliance Announces Inaugural Leadership Summit Advisory Board And Event Details

FAIRFAX, Virginia— January 11, 2024 — PRINTING United Alliance, the most comprehensive member-based printing and graphic arts association in North America, today announced its inaugural PRINTING United Leadership Summit advisory board members, and more information about the event taking place on February 12-14, 2024, at the PGA National Resort in West Palm Beach, Florida. Event details and the full agenda can be found at: https://leadershipsummit.printing.org/.

Inaugural Leadership Summit

Based on the foundation of the Alliance’s previously held and successful SPIRE events, the 2024 Leadership Summit will address the industry’s most pressing challenges in a peer-to-peer environment where exclusive research-based presentations are offered, based on the Alliance’s invaluable annual research studies. The agenda will include sessions based on analysis from business intelligence reports, as well as findings from exclusive studies that identify the top segments for printing in the U.S. market and the convergence/diversification patterns across the industry.

Many of the popular aspects of the Alliance’s “Summit” model will be adopted including executive boardroom sessions moderated by professional facilitators, one-to-one meetings, and more. An attendee-only executive briefing will be created and distributed to all attendees which will include input from all groups with actionable takeaways and best practices. The event will additionally serve as a time to unwind with industry colleagues in a luxury setting with social activities to round out the experience, as is custom for the Alliance’s Summit events.

Advisory Board Members Comprised of Veteran Industry Executives
The PRINTING United Leadership Summit Advisory Board reflects the industry’s diverse landscape and is comprised of exceptional executives in the print industry. Founding advisory board members are:

  • Brian Adam, president, Olympus Group;
  • Eric Blohm, president and COO, Freedom Graphic Systems;
  • Lane Hickey-Wiggins, president and CEO, Douglass Screen Printers, Inc. dba DPRINT;
  • Brian Hite, principal and co-founder, Image Options;
  • Eric Kahle, chief revenue officer, Visual Marking Systems;
  • Jennifer Pettinger, CEO, Sun Print Solutions; and
  • Jonathan Wallace, president, Wallace Graphics.

“As a printer, broadening your circle of peer relationships is one of the most important aspects of preparing your business to meet the challenges of today,” said Ford Bowers, CEO, PRINTING United Alliance. “To do so in an environment that structures conversation while also allowing freeform dialog is unique and powerful. The Leadership Summit was built with this in mind. I have no doubt that attendees will appreciate this singular and much needed event.”

Qualified Event Attendance

To preserve the success and exclusivity of the event, the Leadership Summit model is based on a variety of qualified factors. Those senior-level executives interested in attending the Summit can fill out this form to learn more about how to qualify: https://leadershipsummit.printing.org/attend/.

Leadership Summit Sponsors

The Leadership Summit is supported and made possible in part by leading industry organizations. Keynote sponsors for the 2024 event are: Canon Solutions America; Fujifilm Graphic Systems USA, Inc.; and HP. Platinum sponsors are: Agfa; EFI; and Tecnau, Inc. Gold sponsors include: Clients First Print Solutions; Durst; Greentex; New Direction Partners; OGC Solutions; swissQprint; USI Affinity; and Xeikon America.

Join the Alliance

If you would like to learn more about becoming an Alliance member and participate in leading industry events such as the PRINTING United Leadership Summit, visit www.printing.org/membership, or call 888-385-3588 to speak with our membership team for more information.

Posted: January 11, 2024

Source: PRINTING United Alliance

How Digitalization Is Driving Growth: Panel Discussion On The Future Viability Of The Textile Industry With Reference To Techtextil And Texprocess 2024

FRANKFURT AM MAIN, Germany — January 11, 2024 — How is digitalization affecting the textile industry in terms of innovativeness? How can digitalization be used to meet the challenges currently facing the sector? What are the latest developments? What does the digital future of the textile industry look like? In a panel discussion ahead of this year’s editions of Techtextil and Texprocess, experts considered these and other questions and previewed the trade fairs from 23 to 26 April 2024.

Digitalization has by no means carved out a place for itself in the work processes of many companies. A study conducted by the German Economic Institute in 2022 revealed that, for example, only 31 percent of companies in Germany are able to use data efficiently[1]. However, it is essential for companies to improve their digital infrastructure because legal regulations, such as the EU strategy for sustainable and circular textiles and the associated digital product passport, require a corresponding level of digitalization. At the same time, digitalization helps to meet the sustainability requirements of customers and partners, for example, by improving supply chain transparency or resource calculation. Thus, companies wanting to remain competitive and produce efficiently and flexibly, can no longer avoid digital technologies. Digitalization offers solutions to many of the challenges currently facing the industry.

Techtextil and Texprocess support companies on their journey into the digital future. At these leading international trade fairs, over 1,600 exhibitors from around 50 countries are showcasing their latest developments and innovations. There, participants can find the right business partners and digital solutions to suit their individual needs. The extensive program creates the ideal setting for discussions with the industry and experts.

“The sectors have an enormous potential for innovation, especially in the field of digitalization. We can only realize this through a joint international exchange of information. The global industry meets at Techtextil and Texprocess. Dialogue, knowledge transfer, unique innovations and multifaceted solutions strengthen companies on their journey into the future,” said Olaf Schmidt, vice president Textiles & Textile Technologies, Messe Frankfurt.

Panel talk: From yarn to smart textiles – how digitalization is driving growth

In the panel discussion, Prof. Thomas Gries, director of the Institute of Textile Technology (ITA) at RWTH Aachen University, Elgar Straub, managing director of VDMA Textile Care, Fabric & Leather Technologies, and Olaf Schmidt, vice president Textiles & Textile Technologies of Messe Frankfurt, offered insights into digitalization in the textile industry from a variety of perspectives. The discussion was chaired by Zackes Brustik.

Photo: Messe Frankfurt / Jean-Luc Valentin

Meeting challenges with digitalization

Digitalization helps companies meet the challenges currently facing their industries and remain competitive. Companies can take advantage of digital developments to counter raw material and labor shortages, energy costs or increased sustainability requirements and produce more efficiently, faster, more flexibly, more transparently and more cost-effectively.

“Constantly changing consumer and legislative requirements, as well as labor shortages and more difficult trading conditions due to geopolitical changes, are constantly posing new challenges for garment manufacturers and processors of technical textiles. The manufacturers of machines, systems and processes for processing textile materials offer the necessary solutions. Through digitalization and automation for increased flexibility, sustainability, quality and increased product potential, we help our customers in their production and at the same time ensure a boost in innovation,” explained Elgar Straub.

Research and the industry are promoting innovativeness

Although many companies have already digitalised individual stages in their process chains, it is essential that the entire textile value chain be digitalised and all gaps closed if the industry is to realize its potential to the full.

“Resilient and sustainable value chains are vital for the viability of the textile industry in the future. And the basis for this is the digitalization of all process stages. To this end, researchers and the industry must work closely together. New forms of cooperation, such as Open Innovation guarantee speed and efficiency”, said Prof. Thomas Gries.

Digitalisation opens up new potential

Digitalization offers numerous new opportunities for technologies and textile products. And the latest developments will be on show at Techtextil and Texprocess. There, international exhibitors present their latest products. The spectrum ranges from manufacturing technologies, via textile processing machines, fibers, yarns and nonwovens, to functional and smart textiles. The variety of industries in which the products are used is unique. From the medical and mobility sectors to the construction industry, they are used in all areas of application. Moreover, digitalization is significantly advancing the textile industry: not only can manufacturing and processing procedures be made more efficient, but smart products can also create new added value.

Techtextil and Texprocess 2024: Up-to-date on the subject of digitalisation

The comprehensive program gives visitors the chance to update their knowledge. For example, the lectures of the Techtextil and Texprocess Forum spotlight aspects of digitalization and production technology, as well as intelligent textiles, digital textile printing and delivery chains.

The extraordinary degree of innovativeness is also reflected by the Techtextil and Texprocess Innovation Awards. The categories of New Technologies and Digitalisation and Digitalisation and AI focus specifically on the latest developments in the field of digitalization.

The events Techtextil and Texprocess will be held from 23 to 26 April 2024.

Posted: January 11, 2024

Source: Messe Frankfurt Exhibition GmbH

Lenzing Receives Top Sustainability Ratings From MSCI And SAC Higgs FEM

LENZING, Austria — January 11, 2024 — The Lenzing Group, a global supplier of specialty fibers for the textile and nonwovens industries, has once again been recognized for its sustainability performance and its active contribution to transforming the industry towards a circular economy. The rating agency MSCI awarded Lenzing an “AA” rating for the third time in a row, placing Lenzing among the top eight percent of rated companies in its peer group. In addition, Lenzing participated for the first time in the SAC Higgs FEM verification to assess the environmental impact of product manufacturing at its sites and achieved excellent positive results.

According to the rating agency MSCI, Lenzing continues to lead the way among global companies in terms of governance structures. In addition, MSCI highlights Lenzing’s leadership in implementing strong initiatives to mitigate the risk of environmental liabilities associated with the release of toxic pollutants and highlights its strong water stewardship program, which includes a water risk assessment. The confirmation of the “AA” rating from MSCI ESG enables Lenzing to further reduce its interest expense. In November 2019, Lenzing placed a bonded loan in the amount of around 500 million euros, which is linked to the company’s sustainability performance. In line with its commitment under the bonded loan, the company will donate the entire interest expense it saves thanks to the “AA” rating to a social-ecological project.

CEO Stephan Sielaff, Lenzing AG
– Photo: Franz Neumayr

“I am proud that Lenzing is among the top eight percent of the world’s most sustainable companies. At Lenzing, we are working hard to make our industries even more sustainable and to drive the transformation of the textile business model from a linear to a circular economy model. This approach is firmly anchored in our strategy and corporate values. I am therefore particularly pleased about the MSCI rating and that we as the Lenzing Group have also achieved excellent results in the SAC Higgs FEM,” said Stephan Sielaff, CEO of SAC is an alliance of the apparel, footwear and textile industries in which Lenzing is an active member.

Lenzing has achieved outstanding results in the Facility Environmental Module (FEM) assessment. The Higgs FEM is a revolutionary tool for assessing the environmental impact of product manufacturing in factories and provides a clear picture of the environmental impact of a facility. Every stage of the production process is captured with this tool – from water consumption and waste management to the use of chemicals and energy. This not only identifies hotspots for improvement, but also reduces redundancies, mitigates risks and creates a common language for communicating sustainability to stakeholders.

By November 2023, all Lenzing sites, with the exception of the sites in Brazil and Thailand, which are however scheduled for 2024, have completed the first external verification of the module with excellent results. With almost 20,000 participating companies from different sectors of industry, which achieved less than 50 percent in total average in 2023, Lenzing sites achieved verified scores of more than 70 percent to 95 percent.

Posted: January 11, 2024

Source: The Lenzing Group

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