SPINNOVA® Named In TIME’s Best Inventions Of 2022 List

HELSINKI — November 10, 2022 — The annual TIME Best Inventions List recognizes groundbreaking products and innovations that change how we live. This year, SPINNOVA® is named among these extraordinary innovations.

SPINNOVA has made the list of TIME’s Best Inventions of 2022, earning its spot in the Style Category. This year’s Best Innovations in the style category feature multiple solutions for sustainable fashion, from SPINNOVA fiber to Evrnu’s NuCycl fibre and ThredUP’s AI-powered search tool called Thrift the Look.

Created from renewable raw materials, SPINNOVA fiber is made with zero harmful chemicals, and its production consumes 99-percent less water and causes 72-percent fewer CO2 emissions than conventional cotton.

“We believe that the key to changing the world lies in sustained innovation and we are honored to be recognized for our efforts to transform the raw material base of the global textile industry for the better,” commented Spinnova’s CEO Kim Poulsen.

TIME recognizes products and services that are solving compelling problems in creative ways and changing how we think about what’s possible. Previously awarded brands include for example Dyson, Sony and Allbirds. To compile the list TIME evaluated contenders on a number of key factors, including originality, efficacy, ambition, and impact. The result is a list of 200 groundbreaking inventions across different categories.

See the full list: time.com/best-inventions-2022

Posted: November 10, 2022

Source: SPINNOVA

Chargeurs PCC Launches Zero-Water Rainbow Collection Of Sustainable Knitted Interlinings

PARIS — November 10, 2022 — Chargeurs PCC, the world’s largest apparel interlinings manufacturer, today announced the launch of the Zero-Water Rainbow Collection of sustainable knitted interlinings. The collection of ultralight inner components is available in 15 colors, in addition to white, natural and off-white, all dyed through a proprietary waterless process that minimizes environmental impact.

The Zero-Water Rainbow Collection offers the lightest interlinings for couturiers and luxury brands that use the most luxurious and lightweight fabrics to create garments. Delicate and sheer items require silky, soft interlinings that provide flexible structure, durability and adhesion while remaining nearly invisible, so as not to detract from the color of the outer fabric. The collection is available in a wide range of sustainable colors to ensure designers’ creations drape perfectly and wear well, with no perceptible difference in the color of materials used to construct different layers of garments.

“We’ve leveraged our expertise to create a revolutionary dyeing process that uses absolutely no water as part of our commitment to sustainability through innovation,” said Gianluca Tanzi, CEO of Chargeurs Textile. “The Zero-Water Rainbow Collection of sustainable interlinings offer the flexibility and improved adhesion the world’s top couturiers demand in a wide range of colors to match nearly any fabric.”

The traditional dyeing process is one of the most water-intensive and polluting parts of fashion production. According to the UN, the fashion industry produces 20% of all wastewater and textile dyeing is the second-largest source of water pollution globally. Most of this wastewater is returned untreated to the environment, where chemicals from dyes can harm human, animal and plant life.

To address this issue, Chargeurs PCC designed and engineered a proprietary waterless dyeing process that involves dyeing the adhesive material used in interlinings rather than the fabric itself. The Zero- Water Rainbow Collection is available in very small order quantities with fast delivery, eliminating overproduction and the need for fashion brands to purchase material than they actually need just to meet minimum order requirements.

The Zero-Water Rainbow Collection is manufactured at Chargeurs’ century-old, fully integrated Lainièr de Picardie factory outside Paris, under the supervision of the company’s textile and chemical experts.

Posted: November 10, 2022

Source: Chargeurs PCC

Hexcel Receives Sustainability Award From Airbus Defence And Space

STAMFORD, Conn. — November 10, 2022 — Hexcel Corp. announced today that Airbus Defence and Space has recognized the company with its annual Sustainability Award, presented yesterday at the Global Supplier Conference in Munich, Germany.

Each year, Airbus Defence and Space recognizes a few suppliers that have achieved excellence in sustainability through initiatives that support its business. The award granted to Hexcel recognizes a partnership announced in 2021 with Fairmat to recycle carbon fiber prepreg composite cutoffs from Hexcel European operations and its customers. The cutoffs are reused in manufacturing composite panels sold into commercial markets.

Thierry Merlot, President, Aerospace – Europe, MEA/AP & Industrial at Hexcel, said “We are delighted to receive this award that recognizes a key collaboration and important milestone in our path to achieve our sustainability targets. From lightweight composites that help lower emissions to improving our processes to reduce our impact on the environment, Hexcel is relentless in our pursuit of innovations that, in collaboration with customers, will lead to a more sustainable future.”

Posted: November 10, 2022

Source: Hexcel Corporation

Nanobionic Announces Global Partnership With La-Z-Boy Incorporated And Culp, Inc.

NEW YORK CITY — November 9, 2022 — Nanobionic® today announced a global partnership with La-Z-Boy Inc. and Culp Inc. Nanobionic technology will now be used in Culp upholstery fabric that is exclusively offered in La-Z-Boy’s newly launched Restore by Nanobionic furniture collection.

Nanobionic is a mineral-based coating that blends science with wellness and recovery. It is applied as a soft coating on any type of textile, leather, or artificial leather, providing the benefit of improving energy and recovery. Restore by Nanobionic helps transform natural body heat into energy. This fabric collection, which is offered in a beautiful array of Culp fabrics featuring soft textures and stylish colors, allows users to relax, recover, and restore their body while enjoying the comfort of La-Z-Boy’s furniture.

Nanobionic’s CEO George Psipsikas stated: “We are honored to be working with such an iconic brand as La-Z-Boy and Culp to incorporate Nanobionic’s innovative technology into the new Restore by Nanobionic line. This exclusive partnership is a significant innovation in the home furniture industry, as Culp’s Nanobionic-treated upholstery fabric creates increased energy and wellness benefits for the end users of La-Z-Boy furniture around the world. Every piece of La-Z-Boy Restore by Nanobionic furniture can now become a charging station for the human body”.

La-Z-Boy’s Vice President, Merchandising Paula Hoyas stated: “For 95 years, La-Z-Boy Incorporated has brought quality, comfortable furniture to consumers with an emphasis on innovative design and technology. The Restore by Nanobionic® fabric line is another great example of our focus on providing consumers with inspiring, new and exciting solutions to allow them to relax and rejuvenate in our furniture.”

Culp Upholstery Fabrics Senior Vice President of Design and Marketing Tammy Buckner, stated: “Culp is excited to partner with Nanobionic and La-Z-Boy to offer our fabrics that incorporate Nanobionic’s proprietary technology exclusively for La-Z-Boy’s new Restore by Nanobionic collection. Incorporating technology into upholstered furniture that people use in their daily lives can become a game changer for promoting recovery and wellness in the comfort of their own homes. We are proud to be working with these two great companies to offer these performance products that now work with your body.

Posted: November 10, 2022

Source: Nanobionic / La-Z-Boy / Culp, Inc.

First Of Its Kind Commercial Scale Recycled Textile Mill Opens In Sweden

SUNDSVALL, Sweden — November 10, 2022 — Today, as world leaders gather in Egypt to discuss how to decarbonize supply chains in time to stabilize our climate, the world’s first commercial-scale textile-to-textile pulp mill held its official opening in Sundsvall, Sweden. ‘Renewcell 1’ is the first of a new generation of climate-friendly mills that shift viscose production from being a linear extractive supply chain, with significant impact on the world’s forests, biodiversity, and climate, to low-impact, circular production. he first-of-its-kind facility will repurpose over 120,000 metric tonnes of textile waste next year, otherwise destined for landfills, and turn it into new viscose for fashion.

As the global effort to combat climate change and environmental degradation accelerates there is a growing need to make fashion circular and preserve critical forest ecosystems. Over 200 million trees, many from the world’s most vital forests, are currently cut down every year to make fabrics like viscose and rayon. Renewcell’s new mill uses textile waste rather than trees to make these fabrics, sourcing from worn-out jeans and production scraps.

“We’re delighted to be the first mill in the world that is dedicated to circular manufacturing for the viscose fashion sector,” said Patrik Lundström, CEO of Renewcell. “It hasn’t always been easy but the commissioning of this facility marks the dawn of a new circular era for global fashion.”

Strong market demand has played a key role in Renewcell coming to market at scale. Through Canopy’s work in the fashion sector, more than 500 fashion brands, designers, and retailers are committed to prioritizing the use of Next Generation Solutions, including viscose made from old textiles and agricultural residues, along with not sourcing from Ancient and Endangered Forests. Clear market signals of support and offtake agreements from brands and conventional viscose producers helped Renewcell unlock their financing for this first commercial-scale facility.

“As we strive to turn around the climate and biodiversity crises, we need dozens of these low-impact mills to replace unsustainable forest-based viscose production,” said Nicole Rycroft, Executive Director of Canopy. “Renewcell, their investors and off-takers have stepped up to make this first Next Gen mill a reality. We’re excited to continue to work with the marketplace and financiers to transform this supply chain at a pace and scale that’s proportional to the ecological requirements of our time.”

It is estimated that over 90 million tonnes of apparel waste accumulate in landfills each year — the equivalent in weight to 18 Great Pyramids. Using recycled waste textiles to make viscose rather than forest fibre saves up to 15 tonnes of CO2e per tonne of product.

Posted: November 10, 2022

Source: Renewcell

Säntis Textiles Joins International Textile Manufacturers Federation (ITMF) As Corporate Member

ZURICH — November 10, 2022 — Säntis Textiles is a family-owned and -run textile sourcing and supply company headquartered in Singapore that was established in 2005. It specializes in material, fiber, yarns, and fabric development and sourcing for the global garment and technical textiles market. Säntis Textiles has offices in Singapore, Switzerland, Turkey, China, Pakistan, Indonesia, Vietnam, Egypt, United Kingdom and the USA.

In 2016, Säntis Textiles launched their proprietary technology RCO100, the world’s first mechanical recycling machinery, designed with the forward-thinking customer in mind. With RCO100 the company is actively improving and strengthening the circular economy. Säntis Textiles is proud to be part of the <1 percent of mechanical textile-to-textile recycling.

Founded in 1904 The ITMF is the international forum of the global textile value chain for producers of fiber to finished products. Its members are from textile and apparel-producing countries representing approximately 90 percent of global production.

Annabelle Hutter, managing director of Säntis Textiles AG (Switzerland), said that “the textile trade has transformed immensely in the past 20-30 years. Production of apparel and home textiles have moved to a large extent to Asia, new markets for circular as well as technical textiles have emerged or digital or environmental requirements and changes have reshaped the industry. What has not changed is the need to be connected personally with colleagues from the industry around the world. The ITMF is a special forum for industry representatives from around the world to meet and to discuss new ideas and solutions. In addition, ITMF offers its members information that help to better understand the dynamics of the industry. Säntis Textiles appreciated attending the ITMF Annual Conference 2022 in Davos, where interesting topics were discussed and personal contacts could be strengthened.”

“By joining ITMF as a Corporate Member, Säntis Textiles becomes part of a unique international forum that brings together stakeholders from the entire global textile value chain. Meeting colleagues and friends from different segments in the value chain – producers of fibres, textiles, garments, home textiles, textile machinery, or textile chemicals as well as other organizations and companies affiliated with the textile industry – in an environment of trust and with a spirit of collaboration, is fruitful and productive. A network of personal relations is precious, when it comes to understand and navigate through the complex global textile industry. ITMF and all ITMF members will benefit from Säntis Textiles’ unique expertise and experience in developing and sourcing textile products around the world. The ITMF Annual Conference 2022 which was held in September 2022 in Davos, Switzerland, had shown that personal relations are and will remain crucial in the textile industry”, stated Dr. Christian Schindler, Director General of ITMF.

Posted: November 10, 2022

Source: International Textile Manufacturers Federation (ITMF)

Darn Tough Vermont Receives Award From The U.S. Department Of Labor

NORTHFIELD, Vt. — November 10, 2022 — Just ahead of Veterans Day, U.S. Secretary of Labor, Martin J. Walsh, recognized Darn Tough Vermont as one of the recipients of the 2022 HIRE Vets Medallion Award during a virtual award ceremony presented by the U.S. Department of Labor.

Darn Tough earned the Gold award — and is the only Vermont company to receive this recognition. The Honoring Investments in Recruiting and Employing American Military Veterans Act (HIRE Vets Act) Medallion Program is the only federal award program that recognizes employers who successfully recruit, hire, and retain veterans.

“We are committed to our veterans, our families, our communities and our state,” said Ric Cabot, president and CEO of Darn Tough Vermont. “Everyone at Darn Tough is dedicated to giving back to the community in every way we can. Establishing comprehensive and thoughtful programs and opportunities for veterans is another way to show our support and appreciation.”

Darn Tough joins 834 other companies from 49 states, plus the District of Columbia, who have shown a commitment to hiring veterans, but also ensuring that they have a long-term career and growth plan that uses the diverse skills they acquired through their military service.

Recipients of the 2022 HIRE Vets Medallion Award meet rigorous employment and veteran integration assistance criteria, including veteran hiring and retention percentages; availability of veteran-specific resources; leadership programming for veterans; dedicated human resource efforts; pay compensation and tuition assistance programs for veterans. More than 1,400 employers have earned a HIRE Vets Medallion Award since 2018.

Posted: November 10, 2022

Source: Darn Tough Vermont

Christopher Leyes Named COO Of Cocona Labs

BOULDER, Colo. — November 10, 2022 — Cocona Labs, the makers of temperature-regulating 37.5® Technology, is thrilled to bring Christopher Leyes back on board as its COO. Leyes returns to the company after most recently serving as the director of Operations at Pangea Organics.

Leyes worked with Cocona Inc. (the parent company of 37.5® Technology) in the company’s early years, as the vice president of Finance & Operations 2006-10 and returned as the COO and CFO 2013-18. Leyes brings more than 22 years of experience leading complex supply chain, operational, and financial initiatives at Ibex, Tommie Copper Inc., Everyone’s Earth, and Kane 11. Leyes’ diverse industry experience will well serve 37.5® Technology as the company continues to expand into apparel, footwear, home goods, and beyond.

“I am delighted that Chris is returning for a third tour of duty at Cocona,” Jeff Bowman, CEO of Cocona Labs, said. “Besides being a good friend and an outstanding team player, Chris’ strategic expertise and competence in global supply chain and value chain management is unparalleled. Suppliers and customers alike have called to let me know how excited they are to have him back. I have no doubt that Chris will complement our already strong leadership team.”

Leyes graduated from Indiana University with a BA in Business Administration and then from the Kelley School of Business with an MBA in 2000. He’s spent years honing his skills in global supply chain management, a necessity for coordinating operations for the 100+ active brand partners that work with Cocona and 37.5 Technology.

“As one of the first employees at Cocona Inc., I was drawn in by the unique and innovative activated particle technology Cocona has been able to bring to market,” Leyes said. “The widespread adoption by brands across the globe is a testament to a fabric technology that truly works! It is a tremendous opportunity to be able to work with suppliers around the globe, which fits right into my skill set.”

Chris will be using his expertise to guide Cocona through the next chapter of expanding its global supply chain.

Posted: November 10, 2022

Source: Cocona Labs

Accel Unite’s Megan Eddings To Pitch Revolutionary Isolation Gown At Prestigious Competition

HOUSTON, Texas — November 10, 2022 — After winning the South Texas Region and the Semi-Finals Round, Accel Unite is thrilled to announce founder and CEO Megan Eddings will be participating in the Women’s Business Enterprise National Council’s WBENC Pitch competition in Washington next week.

Narrowed down from a first-round of more than 500 business owners, Megan was chosen as one of 47 to pitch in the semi-finals round and is one of 12 winners selected to pitch at the prestigious “Innovate with WBENC” event in the grand finale. This signature competition features a series of pitch competitions and educational sessions to help women business owners gain meaningful exposure, and compete for grants and other prizes to invest in their business.

Eddings will be pitching Accel Unite’s award-winning reusable isolation gowns, which are patent-pending in 153 countries.

“I am truly honored and humbled that I will be among this select group of inspiring and innovative women sharing our inventions,” Eddings said. “I could not be more proud of Accel Unite and what it represents. I am super pumped to share the financial, environmental, and health benefits of our reusable isolation gown with such a forward-looking audience.”

Born out of the need for reliable and sustainable PPE, Accel Unite spent more than a year developing a new design for a reusable isolation gown that is more affordable, increases safety against cross-contamination, and is less damaging to the environment. Instead of being thrown away, Accel Unite’s gowns can be washed at home or by a commercial launderer. Disposable options, on the other hand, burden supply chains, increase costs, and substantially contribute to the single-use plastic epidemic. Accel Unite does not rely on an overseas supply chain to manufacture its gowns and is therefore poised to become a highly competitive market leader.

WBENC is a leading non-profit organization dedicated to helping women-owned businesses thrive. With its world-class certification standard, WBENC validates that a business is at least 51 percent owned, controlled, operated, and managed by a woman or women. The certification is accepted by thousands of corporations, state and local governments, as well as the US Military.

The other finalists participating in the pitch event include:

  • Click & Carry Inc.;
  • FeaturesFirst Auto;
  • Hacha Products Corp.;
  • InfoMart;
  • Life by Dallas Inc.;
  • MinkeeBlue;
  • Neowaste;
  • Nerdbugs;
  • Notty;
  • Panic Panties; and
  • Reyz.

Posted: November 10, 2022

Source: Accel Unite

Indorama Ventures Reports Resilient YTD Earnings As Management Leverages Its Unique Global Model Amid Macroeconomic Challenges

BANGKOK, Thailand — November 10, 2022 — Indorama Ventures Public Co. Ltd, (IVL), a global sustainable chemical producer, today reported a resilient year-to-date performance as management leveraged the company’s unique global integrated model to drive earnings through a challenging macroeconomic environment.

IVL posted Core EBITDA of $606 million in 3Q22, a 39-percent increase YoY and a decline of 20 percent QoQ as the strong tailwinds that drove record earnings into 2022 began to normalize in the third quarter. Management have redoubled efforts through the year to mitigate the impact of unprecedented global economic fluctuations triggered by instability in Europe and continued lockdowns in China.

Strategic acquisitions, including Oxiteno, are bolstering IVL’s increasingly diverse geographic footprint and product portfolio, supporting earnings through volatile economic conditions. Revenue declined 10 percent QoQ in 3Q and grew 27 percent YoY as Combined PET, the largest business segment, saw steady volumes through the year, and new portfolio additions performed strongly, such as surfactants in the Integrated Oxides and Derivatives segment. With more than 70 percent of IVL’s platform catering to consumer daily necessities, demand remains stable.

D K Agarwal, CEO of Indorama Ventures, said, “We are pleased with our performance across the business cycle. Our management is working hard to extract the advantages that we enjoy in terms of geographic leadership, product diversity, and an unmatched customer base of global household brands. Together with our habitual lens on cost management, these actions will help us to weather the economic challenges and continue to focus on our long-term potential.”

Combined PET (CPET) segment achieved YTD Core EBITDA of $1,192 million, an increase of 42 percent YoY. Core EBITDA in 3Q22 rose 27 percent YoY to $327 million, and declined 24 percent QoQ, as business remained steady across operations apart from in Europe where peak energy prices continue to put pressure on demand and margins.

Integrated Oxides and Derivatives (IOD) segment posted YTD Core EBITDA of $604 million, a rise of 137 percent YoY, due to integration benefits from the Oxiteno acquisition in April and robust demand for surfactants products. The segment achieved 3Q Core EBITDA of $219 million, an increase of 82 percent YoY, and a decline of 16 percent QoQ as margins weakened in the Integrated Intermediates portfolio amid overcapacity and the ongoing pandemic lockdown in China.

Fibers segment posted YTD Core EBITDA of $189 million, a rise of 2 percent YoY. 3Q Core EBITDA increased 2 percent YoY, and decreased of 11 percent QoQ, to $49 million. The Lifestyle fibers business continues to be impacted by the lockdown in China, while management in the Hygiene and Mobility verticals in Europe are effectively managing high energy costs.

Posted: November 10, 2022

Source: Indorama Ventures Public Company Limited (IVL)

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