Gartex Texprocess India’s Second Edition Of Mumbai Concludes With A Significant Display Of Innovations In The Garment And Textile Industry

MUMBAI, India — June 20, 2023 — From featuring transformative showcases to providing networking opportunities, Mumbai’s second edition of Gartex Texprocess India concluded successfully with new product unveilings and live demonstrations by the major brands in the segment of garment and textile technology and apparels.

The second Mumbai edition of Gartex Texprocess India turned out to be a successful and dynamic business platform displaying a variety of technological and product applications. Bringing together 142 exhibitors and 300 brands on the show floor, the event generated a massive footfall of 10,251 visitors from six continents and 29 countries with a focus to build domestic and international collaborations.

The trade fair displayed an extensive range of new age and smart machinery and solutions needed across the stages of manufacturing, product development and maintenance. These included several live demos of hi-tech machinery performing functions like embroidery, thread trimming, spinning, yarns and yarn processing, screen and digital textile printing, pre and post processing equipment alongside a variety of raw materials, fabrics, textiles, denims products and etc, showcased the advancements in the industry.

Witnessing the dynamic show floor and after close interactions with the industry members, Raj Manek, executive director and board member, Messe Frankfurt Asia Holding Ltd, said: “I am greatly delighted by the exceptional response that the second Mumbai edition of Gartex Texprocess India has generated this year. The scale of business interactions that developed over three days has immensely benefitted the participating brands. It was a much-needed platform for many exhibitors and visitors with transformative showcases as well as those who are looking ahead to new growth prospects. We aim to carry this momentum forward for the upcoming editions of this show.”

Pleased with the results, Gaurav Juneja, director, MEX Exhibitions Pvt Ltd, stated: “It was wonderful to see businesses converge at Gartex Texprocess India 2023. The Mumbai edition not only served as a business platform, but most importantly, it gave domestic businesses easy access to bring their innovations and products to the forefront of this industry. With the kind of exhibits this edition saw in terms of new products and technology solutions, I believe it will open up a new pool of opportunities to scale the businesses further. We are proud to successfully conclude the second Mumbai edition of Gartex Texprocess India and look forward to a greater show in New Delhi in August.

Some of the prominent brands like IIGM, E.H Turel, Balaji Sewing Machines, True Colour, Jaysynth, Mehala, Orange O tech, DCC, Epson, Jindal Worldwide, Raymond UCO Denim amongst many others, made a mark with their new and exclusive products on the show floor.

Owing to such a revolutionary showcase in point of purchase, the exhibitors garnered attention of all the visitors at the fair. Parag Kothari, chairman and managing director at Jaysynth, applauded the event platform for creating remarkable opportunities as he summarized his experience as an exhibitor at the fair: “Participating in the Mumbai edition of Gartex Texprocess India, our experience has been phenomenal. Top-tier professionals which include textile mill owners, garment manufacturers, advertising heads and brand marketers, among others are visiting our booth and have expressed interest in our products. It was a great experience to meet our colleagues from the garment and textile industry at the show. Now, I am strongly looking forward to the next edition of Gartex Texprocess India coming up in New Delhi, where our strategic association with Messe Frankfurt India and MEX Exhibitions will bring together manufacturers of hi-tech and advanced machinery and solutions. The show also helped us in creating business opportunities of an unparalleled scale in Mumbai.”

Witnessing an incredible response from business visitors, Aamir Akhtar, group president and CEO Textiles, Jindal Worldwide Ltd., shared: “It has been a fantastic platform for us as lots of visitors have attended this exhibition and we received good footfalls. Gartex Texprocess India has proven extremely beneficial for both the manufacturers and buyers who participated in the show. We have been in the garment industry for years and this Mumbai edition of Gartex Texprocess India has given us opportunities to build an extended customer base in the financial hub. We thank the teams of Messe Frankfurt India & MEX Exhibitions for giving us a wonderful opportunity and platform to showcase our complete range of garment solutions. We would certainly like to participate again.”

The show floor saw several international exhibitors garner healthy responses across all three days. Serimak — a Turkey-based company that manufactures screen printing products and inks, participated in Gartex Texprocess India for the first time. Dimitri Angelidis, director, Serimak, shared his experience by stating: “We are doing business with Indian customers for the last few years and we know the Indian market — it is very demanding. We have received quite good attention and interest in our products from the visitors. The response and results have been very good, and it drives us to participate in future exhibitions as well.”

Exciting displays at Gartex Texprocess India 2023:

Ricoma introduced MT-03/04-8S series for garment solutions with features like the lowest power consumption, ensuring low noise and less vibration, an emergency stop button and an optional laser tracking device.

SS Overseas introduces SVK-VKF3.0C, with features like Sweden cam material alloy, steel cylinder special air, oil lubrication system and special design on sinker nozzle cams and fleece terry machine.

Truecolors introduces PD-1700, providing features like advanced thermal transfer printing equipment, hydraulic pressure systems with effective solutions for bright colours on fabrics, and an automatic pre-set timer with a unique drum cooling system.

Amazed by the range in the garment sector, one of the visitors Mr Arun Sharma, Owner, Pushpa Agencies, mentioned: “I have been to several exhibitions to explore garment solutions, but I am surprised with the range displayed at Gartex Texprocess India. Garment processing has been evolving rapidly over the years and the importance for the automatic sensor is considered one of the most effective tools. This show gives you a range of quality choices to explore around garment solutions.”

With evolution being a key factor in the garment and textile world, visitors were keen to know more about the products displayed at the fair. Engaging with the exhibitors helped them gain a fair understanding of the evolving trends in the market. Ms Ira Jain, Owner, Velcord Textiles, a business visitor said: “This is my first visit to Gartex Texprocess India, and the variety of products displayed showcasing garments and textile technologies as the fastest developing sectors. My main objective for visiting this show is to network and generate new leads. With the technologies displayed here, I have generated some good leads.”

Denim Talks, an insightful one-day session focused on ‘Building India as a Global Denim Destination’, brought together the textile and garment industry’s ace thought leaders who shared their inputs on emerging trends and provided fresh perspectives for the businesses. Packed with immense learning and rich takeaways helps businesses remain at the forefront of emerging trends and share their inputs on new partnerships in technology and industry.

The featured zone of “Screen Print India – Textile” saw an extensive range of machines designed for continuous printing of fashion and furnishing fabrics providing compatibility to limited runs of promotional materials with narrow strips of fabrics and ribbons. It showcased fundamental elements like eco-friendly processes and machines ranging from notably compact versions to configurations for high-volume production.

Industry bodies extending their support to the three-day exhibition were the Ministry of Textile, Denim Manufacturers Associations (DMA) and Confederation of Indian Textile Industry (CITI). Gartex Texprocess India Mumbai 2023 concluded on a high note introducing the industry to a new face of innovation in the textile and garment segment. The next edition of Gartex Texprocess is scheduled from 3 ─ 5 August 2023 at Pragati Maidan, New Delhi and will continue to feature a variety of high-end innovations on the show floor.

Posted: June 20, 2023

Source: Messe Frankfurt Trade Fairs India Pvt. Ltd.

SUIT YOURSELF: AW 2024 Ready-to-Wear Collection of Sensitive® Fabrics by EUROJERSEY

CARONNO PERTUSELLA, Italy — June 20, 2023 — Sensitive® Fabrics offers a new collection for clothing that praises stylistic research, making attention to detail the highest expression of its values for comfortable yet elegant and stylish dressing.

The city with its colors is one of the protagonists of the autumn collection, light and shadows are the synthesis of the autumn color palette, which intensifies and reaches new boundaries with both warm colors reminiscent of the earth, and cold colors, to recreate metropolitan environments in which Sensitive Fabrics steal the show in refined and scenic looks.

A metropolitan scene also represents EUROJERSEY’s new exhibition space at the Milano Unica fair from July 11-13 with a rediscovered urban context. A true immersion in a contemporary imagery, involving and inviting one to stroll through an unreal Manhattan to feel like a protagonist.

Sensitive Fabrics express their uniqueness and the value of following the body, adapting to each individual movement in perfect harmony thanks to their 3D elasticity. Besides being crease-free, crush-proof, wrinkle-free, easy to wash even in the washing machine, they are very fast-drying and do not need to be ironed. Breathable, they are the ideal 24wear fabrics for making performance garments for every style and comfort need.

Posted: June 20, 2023

Source: EUROJERSEY

Freudenberg Introduces The New Cotton-Like 37xx PES Series Interlinings

WEINHEIM, Germany — June 20, 2023 — Freudenberg Performance Materials Apparel (Freudenberg) is pleased to announce the 37xx PES Series — a revolutionary range of interlinings that offer the classic feel of cotton combined with the modern features of enhanced durability, increased yields, and low-temperature fusing. With a 100-percent PES base and special finish, these OEKO-TEX® STANDARD 100 Class I certified products open new possibilities for the business and smart casual segments. The 37xx PES Series is available for order and supplied from Asia.

Feels like cotton, better than ever

The 37xx PES Series of cotton-like interlinings couples the feel of cotton you know and love with superior qualities and greater consumer safety. Crafted from a 100-percent PES base with a special finish, these new interlinings boast enhanced durability and better resilience and recovery over traditional cotton interlinings. The 37xx PES Series interlinings offer the added advantages of no visible impurities or foreign fibers, along with low temperature fusing, reducing the risk of yellowing in the finished product. Compared with cotton interlinings, the 37xx PES Series also offers increased yields of up to 150 cm in width and are more cost effective than traditional cotton interlinings, allowing for easier and more efficient manufacturing.

Apart from the material qualities, the 37xx PES Series offers unmatched consumer safety. Produced at its Nantong, China factory, Freudenberg ensures optimal quality control of the 37xx Series. Furthermore, the interlinings are OEKO-TEX® STANDARD 100 Class I certified, making them safe for even the most sensitive skin types, including for babies.

“With the launch of our 100% PES base interlining 37xx Series, we are proud to offer a superior alternative to cotton interlinings. These new products combine the timeless textures and reliability of traditional cotton with enhanced durability, increased yields, improved quality control, and high safety standards. We are proud to add the 37xx PES Series, manufactured in our Nantong, China factory, to our interlinings lineup,” says Merry Chen, Head of Global R&D and Product Compliance, Freudenberg Performance Materials Apparel.

Product applications

The 37xx PES Series currently includes the 3738 and 3755 products, offered in 115 g/m2 and 165 g/m2 weights, respectively. These can be fused with other fabrics and interlinings to create the precise hand feel for garments, ensuring apparel makers have the latitude to craft their apparel needs.

Whether a collar, cuff, or placket, these interlinings can achieve a customized soft, medium, or firm hand feel, unlocking a new level of precision in business and smart casual apparel.

Posted: June 20, 2023

Source Freudenberg Performance Materials Holding GmbH

Oliver Streuli New Chief Financial Officer Of Rieter Group

Oliver Streuli

WINTERTHUR, Switzerland — June 20, 2023 — The Board of Directors of Rieter Holding Ltd. has appointed Oliver Streuli to the Group Executive Committee of Rieter Group as CFO, effective August 1, 2023.

Streuli was from June 2019 until April 2023 CEO at PCS Holding AG in Frauenfeld (Switzerland), a private institutional investment company, where he was responsible for developing the investment strategy as well as the financial and strategic supervision of the industrial portfolio companies. He was also project manager for the IPO on the SIX Swiss Exchange at Stadler Rail AG, Bussnang (Switzerland). Previously, he held different positions at UBS.

He is currently a member of the Board of Directors of Swiss Steel Holding AG, Lucerne (Switzerland), and of Autoneum Holding AG, Winterthur (Switzerland).

Streuli was a member of the board of directors of several industrial and financial portfolio companies of PCS Holding AG in Switzerland, in Austria and in Türkiye, which are active in fields of electric propulsion systems, green mobility and rolling stock leasing.

The Board of Directors of Rieter voted unanimously to elect Streuli CFO. “Rieter has gained with the election of Oliver Streuli an expert for the function of Chief Financial Officer whose skills are an excellent complement to the Group Executive Committee,” said Thomas Oetterli, member of the board of directors and CEO.

Streuli was born in 1988 and is a Swiss citizen. He holds a Master’s degree in Accounting and Finance from University St. Gallen (HSG).

Posted: June 20, 2023

Source Rieter Holding Ltd.

Albany International Is Excited To Deliver Its Advanced 3D Woven Rib To The Airbus Wing Of Tomorrow Program

LE BOURGET, France — June 19, 2023 — Albany International Corp. announced today that its subsidiary Albany Engineered Composites (AEC) recently delivered the first components it is producing for the Airbus Wing of Tomorrow Wing Box Assembly demonstrator program. AEC’s collaboration with Airbus represents an important part of its strategic efforts aimed at developing high volume industrialized and sustainable manufacturing technologies for next generation Airbus aircraft.

During the last three years, AEC has been collaborating with Airbus on a number of government supported R&D programs such as the Wing of Tomorrow and Clean Aviation. AEC applied its innovative 3D woven technology to this important wing application, which along with its proven industrialized capabilities in high-rate RTM processing, will produce high tolerance integrated parts such as wing ribs targeting cost/weight/performance benefit in next generation aircraft.

Brent Stevenson, AEC’s senior vice president of Research and Technology, commented: “Advances in digitalization together with composite manufacturing innovations are demonstrating cost effective and higher-rate with reduced waste and energy consumption to produce next generation sustainable and lightweight composites products.”

Greg Harwell, AEC president, added: “We are proud and excited to be working with Airbus to deliver lightweight and high-performing composite wing components that contribute to the extremely important sustainability goals of the aerospace industry. By developing composite manufacturing technologies capable of reducing factory footprint, capital equipment and production costs while supporting future rate, weight, and performance goals provides an excellent platform to execute our mission to be a partner of choice to the aerospace OEMs and Tier 1s.”

Posted: June 19, 2023

Source Albany International Corp.

PUMA Appoints Shirley Li As General Manager China

Shirley Li

HERZOGENAURACH, Germany — June 19, 2023 — Sports company PUMA has appointed Shirley Li as its new general manager in China as part of the company’s strategy to strengthen its business in this important market.

Li, a native Chinese who joined PUMA in early 2023 as commercial director, has more than 20 years of industry experience and gained a deep understanding of the Chinese market and consumer. Before joining PUMA, Shirley worked as vice president Wholesale at adidas and she holds a law degree from Fudan University.

She replaces Philippe Bocquillon, who will move into the role of PUMA’s Area Manager for Greater China, which includes China, Taiwan and Hong Kong. Bocquillon will also take on the position of general manager Hong Kong, while Paul Yu will remain general manager of Taiwan. Both Li and Yu will report to Bocquillon.

Philippe Bocquillon

“I am very excited that we will open a new chapter for PUMA China under the new leadership of Shirley,” said Arne Freundt, PUMA CEO. “I am very confident that under her leadership we will rebound strongly in China which is one of our key strategic priorities. I want to thank Philippe for more than 10 years as General Manager of PUMA China. He has done a great job under often very challenging circumstances and I wish him all the best for his new role as Area Manager.”

David Lu will further strengthen PUMA China’s top management by replacing Shirley as Commercial Director. He has been with PUMA since March 2023 and has worked in the fashion and sports industry for more than 15 years. Most recently, he worked as the General Manager of Retail Operations at Levi’s.

All of these changes will become effective July 1, 2023.

Posted: June 19, 2023

Source PUMA SE

A Global First For Circularity: Södra And Lenzing Receive Largest EU LIFE Subsidy For Recycling Project

LENZING, Austria/VÄXJÖ, Sweden — June 19, 2023 — The Lenzing Group, a provider of specialty fibers for the textile and nonwoven industries, has taken another major step towards achieving a circular future together with the Swedish pulp producer Södra. The project will be supported by an EU subsidy of 10 million euros as part of the LIFE 20221 program to develop the recycling of textile waste on an industrial scale.

Under the banner of LIFE TREATS (Textile Recycling in Europe AT Scale)2, both companies are pooling their decades-long experience, knowledge and technology to develop the unique OnceMore® process in this project, which is co-funded by the EU. Lenzing will play a particularly crucial role in this process by deploying its expertise in recycling and its innovative REFIBRA™ technology. This will enable a variety of complex, colored textiles containing a mixture of cotton, polyester and other components including elastane to be processed and recycled in future. This next step, which is due to begin in the second quarter of 2023 and will run for four and a half years, will involve the construction and management of a facility for joint process development, as well as an extension of the OnceMore process. This will allow 60,000 tonnes of pulp — comprising 50-percent recycled material and 50-percent renewable pulp from sustainable forestry — to be produced at Södra’s Swedish plant in Mörrum. Moreover, the joint project will make a significant contribution to the EU’s action plan for circularity, which is supported by the European Climate, Infrastructure and Environment Executive Agency (CINEA).

“Today only one percent of the world’s textile waste is recycled, putting an enormous burden on the environment. With the help of this significant funding, Södra and Lenzing are ready to provide one of the main solutions in terms of chemical recycling and become the enabler for the circular textile economy,” said Åsa Degerman, manager, OnceMore® by Södra.

“Tackling the problem of textile waste requires a systematic approach, as well as technological solutions on an industrial scale,” says Sonja Zak, head of Textile Sourcing & Cooperations at the Lenzing Group. “The LIFE TREATS project therefore follows an integrated approach to achieve real change and reduce the negative environmental and social impacts of the textile industry in the EU and beyond,” she adds.

“As the first large-scale project of its kind, LIFE TREATS will have a positive influence on the textile industry as a whole, create new circular business opportunities and increase the share of recycled fibers in new clothing,” commented Åsa Degerman, manager of OnceMore at Södra.

Forthcoming legislation such as the amendment to the EU’s Waste Framework Directive, in addition to increased user responsibility, the decline in export markets for used textiles and evidence of deteriorating quality in collected textiles point to major changes ahead in the treatment of textile waste. Lenzing and Södra acknowledge and are committed to complying with the waste hierarchy. Their procurement will be limited to the group of materials that cannot be reused in any other way. The project partners’ aim is not to undermine the repurposing of used textiles, but to prevent valuable fiber resources from being sent to landfill or incinerated.

Partnership for systemic change

The transition to a truly circular economy requires collaboration between several parties. Lenzing represents only one part of the textile and nonwoven value chain and supports cooperation between partners across the whole chain. Partnerships and projects such as these help Lenzing to promote and accelerate systemic change.

Lenzing and Södra have been working together on textile recycling since 2021, making a crucial contribution to the promotion of circularity in the fashion industry. In the course of their cooperation, the companies plan to share their knowledge and jointly develop methods to facilitate the broader use of cellulose-based used textiles on an industrial scale. The OnceMore pulp developed by both companies will then be used for various purposes, including as a raw material for the production of Lenzing’s TENCEL branded specialty fibers using REFIBRA technology. The aim of LIFE TREATS is to reach an annual processing capacity of 50,000 tonnes of textile waste by 2027. According to Zak and Degerman: “This project is a fantastic example of how we can join forces to connect companies along the textile recycling value chain.”

In line with its circular economy vision, “We give waste a new life. Every day”, Lenzing is driving the industry towards achieving a fully-fledged circular economy by endeavoring to give waste a new life in all aspects of its core business. Lenzing has been developing future-proof innovations in recycling for years, including its REFIBRA and Eco Cycle technologies. Beside the use of pure dissolving wood pulp, these technologies enable the processing of a large proportion of recycling material that is derived from cutting scraps in cotton production and used textiles.

1 https://cinea.ec.europa.eu/programmes/life_en


2 Project 101113614 — LIFE22-ENV-SE-TREATS

Posted: June 19, 2023

Source Lenzing Aktiengesellschaft / Södra


International Textile Manufacturers Federation (ITMF) Welcomes The The British Textile Machinery Association (BTMA)

MANCHESTER, England — June 19, 2023 — The British Textile Machinery Association (BTMA) has joined the Zurich-headquartered International Textile Manufacturers Federation (ITMF) — revitalizing a historic connection and reflecting an increased push to expand the international reach of UK companies.

The announcement was made at the ITMA 2023 textile machinery exhibition in Milan from June 8-14.

“We are pleased to welcome the BTMA as our latest association member and look forward to a long and fruitful partnership going forward,” said ITMF Director General Dr. Christian Schindler. “The ITMF was actually headquartered in Manchester in the UK up until the 1960s, so we share long-standing roots. Today, ITMF members are from across the entire textile supply chain which enables them to gain a better understanding of the full complexity and dynamics of the industry and to fully respond to the opportunities and challenges it faces.”

“Members of our association have had a fantastic time at ITMA this week, and I view joining the ITMF as essential to building on their success internationally going forward,” added BTMA CEO Jason Kent. “We also look forward to participating in the ITMF’s 2023 Annual Conference in Keqiao, China in November this year.”

Posted: June 19, 2023

Source: The British Textile Machinery Association (BTMA)

ITMA 2023 Ends On A High Note With Strong Industry Participation

BRUSSELS — June 19, 2023 — Recovering from the impact of the pandemic, the global textile industry has demonstrated remarkable resilience, capturing the world’s attention with its strong presence at ITMA 2023 in Milan. This highly anticipated exhibition served as a comprehensive showcase of cutting-edge technologies, brought to life by an impressive gathering of 1,709 exhibitors.

ITMA 2023 attracted decision-making industry leaders and influential entrepreneurs who recognised the exhibition’s significance in shaping the textile industry’s future. With an overwhelming response, the exhibition was attended by a diverse and enthusiastic visitorship of over 111,000 from 143 countries. The top six visitor arrival countries are Italy (29 percent), followed by Turkey, India and Germany (6 percent each), France (4 percent) and Brazil (3 percent).

Ernesto Maurer, president of CEMATEX, said: “This edition has been a great success with the visitorship higher than the previous exhibition in 2019. At this ITMA, the transformation journey toward digitalisation and sustainability has taken a huge leap forward. It has been a mega gathering with the presence of stakeholders of the entire textile and garment making ecosystem. CEMATEX associations and their member companies, as well as all other exhibitors, are delighted with the results as the exhibition has surpassed all our expectations.”

Federico Pellegata, director of ACIMIT, noted: “The results of Milan edition confirmed ITMA as the most important showcase for world textile machinery industry. It was a great success, judging from the quality of visitors in attendance, and many Italian exhibitors have secured contracts and sold their machines.”

The 19th edition of the world’s largest textile and garment technology exhibition also drew the participation of several delegations and supporting organization groups. Among many officials and government representatives, ITMA 2023 hosted high-level country delegations from two of the major textile producing countries, India and Uzbekistan.

The delegation from the 6th largest cotton producer in the world was led by President Shavkat Mirziyoyev of Uzbekistan, who declared his strong intentions to boost the textile industry in his country.

India was represented by Smt. Darshana Vikram Jardosh, Minister of State (Textiles and Railways) of India who led the Confederation of Indian Textile Industry (CITI) business delegation. The delegation comprised 39 top Indian textile and apparel CEOs keened to seize new opportunities by riding on the digitalization and sustainability wave.

Smt. Jardosh said: “ITMA 2023 was an excellent showcase of textile machinery. I am confident that interactions during the fair will further spur investments in the sector and help India achieve Prime Minister Narendra Modi’s 5F vision of Farm to Fibre to Factory to Fashion to Foreign vision.”

ITMA 2023 also welcomed Valentina Superti, director, European Commission, DG GROW-Internal Market, Industry, Entrepreneurship and SMEs. She gave a presentation at the Impact Financing for Sustainable Transformation forum.

Thumbs Up

Exhibitors, ranging from start-ups to seasoned industry bellwethers at ITMA, gave the 2023 edition the thumbs up.

Arno Gärtner, CEO Karl Mayer Group, said: “ITMA 2023 is once again the place to be for decision-makers and experts from all over the world. Our participation with the strategic topics of sustainability and digital process solutions provided answers to current customer challenges. We had an unbelievable number of intensive discussions with our international customers. We are glad that the enforcement of IPR regulation is taken seriously at ITMA. We had successfully taken action against a case of infringement of our patent rights during the exhibition.”

A first-time exhibitor at ITMA, Ida Alnemo, head of Application & Sustainability, TreeToTextile, said: “ITMA 2023 in Milan was our first participation in a large trade show, where we were offered the opportunity to participate in the Start-up Valley, a truly innovative environment which drew high attention amongst the visitors. We had an overwhelming positive response from all over the world, and from all parts of the value chain. ITMA has been a great platform for future collaboration needed to scale breakthrough innovations like ours, to make a positive change of the textile industry in offering better fibers to all.”

Summing up the positive response from participants, Dr. Janpeter Horn, chairman, VDMA Textile Machinery, said: “ITMA 2023 is one of the few international shows that did not suffer a drop in the number and quality of visitors after the pandemic. This speaks volumes about the brilliance of ITMA! The Milan exhibition has set the benchmark for ITMA 2027 in Hanover. We are eager and confident to continue ITMA’s success story 36 years after it has been hosted there.”

The next ITMA will be held at the Hannover Exhibition Center September 16-22, 2027.

ITMAconnect Platform

ITMAconnect, the world’s largest digital listing of textile and garment technology manufacturers, was launched to complement this year’s ITMA exhibition. Non ITMA 2023 visitors are now be able to access the platform to source and network with international technology owners and manufacturers who took part in the Milan exhibition. To register, please click on this link: https://www.itma.com/dashboard/visitor/login.

ITMA 2023 featured textile solutions on advanced materials, automation and digital future, innovative technologies, and sustainability and circularity The exhibition in Milan ended on June 14.

Posted: June 19, 2023

Source: CEMATEX and ITMA Services

Stellantis Ventures Seeds Innovation With 11 Key Investments Into Sustainable Mobility

AMSTERDAM — June 15, 2023 — Stellantis Ventures, the corporate venture fund of Stellantis N.V., has been formed to support and amplify the execution of the Dare Forward 2030 strategic plan.

Ten startup companies and one mobility venture fund have been considered so far as its first key investments. Three of the projects backed by Stellantis Ventures are launching this year, validating the fund’s mission to accelerate deployment of innovative, customer-centric mobility technologies and supporting Stellantis’ Dare Forward 2030 efforts in leading the change to a more sustainable mobility and better in-vehicle experience for all customers.

“Transforming Stellantis into a mobility tech company means we need to have the mindset of a startup, focused on our customers and working with a dash of impatience,” said Ned Curic, Stellantis chief technology officer. “We are using the strength of Stellantis Ventures to connect with companies that are developing cutting-edge technology that we believe can transform the in-cabin experience and improve the mobility sector, for our customers and for society as a whole.”

Investments support the Dare Forward 2030 strategy and are aligned to the three core pillars:  care, tech and value.

CARE

6K enables advanced sustainable manufacturing to ensure clean, low-carbon emission material production. 6K’s UniMelt plasma process is a cutting-edge platform for producing domestic sustainable critical materials for EV batteries, 3D printing and endless other applications. 6K delivers true sustainable manufacturing – faster, cleaner, and at a lower cost

Beweelsociety, a startup with roots inside Stellantis, is a developer of connected e-bikes and provider of a wide range of services from purchasing to cycling through one unique digital app, including financing, insurance, facilitation and care services (maintenance, anti-theft). Expanding the vision beyond traditional auto, beweelsociety helps Stellantis accelerate the growth of sustainable and soft mobility. The first e-bikes will be available to purchase from specialized cycling networks and technology-focused retailers in Europe, starting the last quarter of 2023

NetZero is a climate venture specializing in long-term carbon removal from the atmosphere by turning agriculture residues into biochar, a very stable form of carbon. Biochar can be mixed with agricultural soils, improving yields and reducing the need for fertilizers. NetZero’s mission is to bring biochar at scale in the tropics — for climate and people

TECH

Nauto deployed artificial intelligence and computer vision technology, combined with advanced risk data science, to more than 800 commercial fleets to help save money and lives through safer driving. Nauto’s safety system assesses both driver behavior risk and external road risk, warning and coaching drivers to reduce distracted driving and prevent collisions in real time while respecting driver privacy. Nauto Cloud and mobile applications help fleet safety and risk managers operate fleets more efficiently, identify and coach at-risk drivers, and accelerate claims processing. The Nauto solution will be available this summer in the United States on Stellantis commercial fleet vehicles

Trails Offroad, staffed by off-road experts and enthusiasts, offers a digital library of more than 3,000 detailed offroad trail guides throughout the United States and Canada that can be loaded in the Jeep® Uconnect system. Each trail guide provides detailed information, including route description, key waypoints, difficulty ratings, points of interest, videos and reviews. Beginning this summer, select new Jeep vehicles will have access to more than 200 notable trail guides, including the 62 Jeep Badge of Honor trails. The full catalog will be offered as a subscription service

Viaduct is an artificial intelligence platform designed to improve vehicle analytics for quality and maintenance. The platform deploys its machine learning algorithms to identify anomalies in fault and sensor data, predict vehicle health and enhance preventative maintenance routines, making vehicles safer, more reliable and personalized

Geoflex is a worldwide operator of satellite positioning augmentation technology designed to augment accuracy, integrity and continuity of operation of all global navigation satellite systems receivers, whatever the brand is. Its hypergeolocation services provide accurate, safe and resilient positioning down to four centimeters accuracy everywhere in the world, on land, at sea and in the air

Envisics is a globally renowned pioneer of dynamic holographic technologies with an application for augmented reality head-up displays (AR-HUDs) and automotive sensor systems. The advancement of Envisics technology has the opportunity to transform automotive displays and revolutionize the in-car experience

VALUE

Electra Vehicles, a provider of battery software solutions for electric mobility, provides active and adaptive controls for battery management systems, predictive battery analytics and battery pack design software. With embedded and cloud-based artificial intelligence and machine learning (AI/ML) battery enhancement features, Electra aims to maximize the full potential of battery power to enable electric mobility to take us further

Lyten created Lyten 3D Graphene, a unique decarbonization materials platform tunable for a wide range of advanced applications: lightweight composites for reduced vehicle weight, advanced sensors to improve driver experience, and a breakthrough highly sustainable lithium-sulfur battery that uses zero nickel, cobalt or manganese, has higher energy density, lower carbon footprint and enables supply chain independence

Stellantis Ventures will be present at MOVE 2023 on June 21-22 as an exhibitor in booth #36 and a main speaker, delivering the opening keynote on June 22 titled “Start Me Up! The central role of incubators in driving mobility forward” and joining a panel discussion on “The start-up ecosystem and the unicorn journey.”

Stellantis Ventures is not disclosing the name of the mobility venture fund investment.

Stellantis Ventures was announced in March 2022 as a key component of the Stellantis Dare Forward 2030 strategic plan. Dare Forward 2030 sets out a series of important targets, led by deep emission cuts to slash CO2 in half by 2030, benchmarking the 2021 metrics, to achieve carbon net zero by 2038 with single-digit percentage compensation of the remaining emissions. Core targets for Dare Forward 2030 also include 100% of passenger car sales in Europe and 50% of passenger car and light-duty truck sales in the United States to be BEVs by the end of the decade; the ambition of doubling net revenues by 2030 (versus 2021) and sustaining double-digit adjusted operating income margins throughout the decade; and the aim to become number one in customer satisfaction for its products and services in every market by 2030.

Posted: June 15, 2023

Source: Stellantis

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