TAU Announces Two Investments In Innovative, Eco-Friendly, Textile Dyeing Technology

NEW YORK CITY — August 24, 2022 — New York City- and Hong Kong-based TAU Investment Management LLC, today announced agreements for two simultaneous investments in highly sustainable, waterless textile dyeing. A special purpose vehicle formed and managed by TAU will acquire significant interests in both DyeCoo Textile Systems, B.V., and CleanDye Holding, B.V., as part of TAU’s strategy to invest in the sustainable, transparent and responsible supply chains of the future.

TAU joins other investors such as Ingka Investments, the investment arm of Ingka Group, together with Nike and Otto Group, along with customers including Decathlon, bonprix, Adidas and others.

Today, the dyeing and treatment of textiles is responsible for fully 20 percent of industrial water pollution globally. DyeCoo’s patented DyeOx technology allows for waterless and chemical-free textile dyeing, making it a valued partner to some of the world’s largest retailers and leading global manufacturers who are also committed to DyeCoo’s sustainable technology.

Through its wholly owned subsidiaries, CleanDye operates the world’s first textile dyeing facility purpose built in Vietnam exclusively to use DyeCoo’s waterless and chemical-free DyeOx technology. CleanDye’s dedicated use of DyeOx technology allows it to offer its customers fabrics dyed with no water, no process chemicals and no wastewater discharge produced in a hazard-free environment — all while realizing 50 percent energy savings and unmatched  geographical freedom from water sources.

“This is a unique opportunity to support two organizations bringing a new facet of sustainability to the garment industry,” said TAU CEO Oliver Niedermaier. “We look forward to further application opportunities for the technology in other sectors, such as automotive and beverages.”

Ken Katz, TAU head of Asia investment, said, “In addition to the geographic flexibility and cost savings this technology provides, we’re significantly reducing the environmental footprint through this proprietary dyeing technology.” He also noted that the DyeOx technology is faster and results in better color density than traditional water dyeing methods.

“This technology saves money, reduces environmental impacts, allows for more geographical flexibility and results in better quality products,” Katz said. “That is a tremendous advantage.”

“We look forward to having Tau join as an investor, given the industry expertise, broad network and deep understanding of sustainable supply chains it brings,” said Christian Ehrenborg, senior investment manager, Ingka Investments. “Tau’s unique industry insights will provide a valuable perspective.”

Rien Jansen, bonprix Group Managing Director, said, “With Tau’s vision and commitment to sustainability, this new partnership demonstrates bonprix/Otto Group’s own commitment to help facilitate the transformation of the apparel industry to be more environmentally responsible and sustainable. We see scaling this type of sustainable manufacturing technology as critical to our organization’s mission and for the industry as a whole.”

As part of the agreement, TAU will join the boards of directors of both DyeCoo and CleanDye and will play an active role in contributing its responsible supply chain technology expertise and industry network. Terms of the investments were not disclosed.

Posted: August 24, 2022

Source: TAU

National Laundry Provider ImageFIRST Launches 2nd Annual HeroesFIRST Contest

KING OF PRUSSIA, Pa. — August 24, 2022 — ImageFIRST® Healthcare Laundry Specialists launches their 2nd Annual HeroesFIRST Contest where ImageFIRST Associates recognize exceptional Healthcare Heroes who go above and beyond to enhance the patient experience and who align closely with ImageFIRST’s Values – Be Respectful, Be Safe, Be Honest, and most of all, Be Remarkable.

ImageFIRST’s Service Team and Customer Advocates are currently nominating Healthcare Heroes in their respective markets across the country. This regionalized contest includes the Northeast, Southeast, Midwest, West, and Southwest. After the nomination period, a panel will select 10 exceptional finalists — two per region — who will be entered into a nationwide vote. One thousand five hundred dollars will be awarded to the winner of each region for representing the best in patient experience.

“We’re in a unique position. As the nation’s largest healthcare laundry provider, we see firsthand the positive impact healthcare professionals have on their patients. There are so many remarkable acts that happen every day that go unnoticed,” stated Jim Cashman, President and CEO of ImageFIRST. “Because of this, we developed HeroesFIRST to honor those individuals. We are excited to kick off this year’s contest and to recognize even more exceptional heroes in 2022.”

Last year’s inaugural HeroesFIRST contest awarded one winner, Heidi Boyke of Waukesha, Wisconsin, following a nationwide vote. “Being recognized by my Customer Advocate was such a special moment after a tough year and a half. Learning that I was selected as the campaign’s winner has further fueled my passion and dedication to keeping my patients and staff safe,” said Boyke.

Nationwide voting will open on October 3rd and remain open until 11:59 pm ET on October 21st. Winners will be announced on November 1st. All ten finalists will receive $500. The top five finalists with the most votes in each region will be awarded an additional $1,000 grand prize. For more information or to cast your vote after October 3rd, please visit heroes.imagefirst.com.

Posted: August 24, 2022

Source: ImageFIRST Healthcare Laundry Specialists

The Gherzi Organization Announces Collaboration With BDO

ZURICH, Switzerland — August 24, 2022 — The Gherzi Organization enhanced its operations in North America today by collaborating with BDO USA for industry financial analysis, operational diligence and other financial advisory consulting.

The goal will be to better serve brands and manufacturers in North America’s apparel, textile, and fiber industries, with cutting-edge financial services offered by BDO that complement Gherzi’s world-leading manufacturing, research, and technical abilities.

In recent years, an uptick in regional sourcing and construction of new operating plants in North America has prompted Gherzi to expand its regional operations.

Gherzi North American Partner Robert Antoshak said: “We thought it was time to add a financial services dimension to our range of capabilities. As a result, BDO represents a best-in-class solution for fiber companies, textile mills, and brands to utilize Gherzi as a complete solution for manufacturing, sourcing, branding, and financial resource management.”

Said Managing Director of Business Restructuring Services at BDO, Robert Berdanier: “This new collaboration represents an effective way for BDO to leverage its financial know-how and experience in assisting companies within the textile supply chain to manage their financial exposure during increasingly uncertain economic times.”

The Gherzi Organization was founded in Switzerland more than 90 years ago. Gherzi is an independent, global firm of more than 120 consultants, technical specialists, engineers, architects, and planners working across all areas of industrial and infrastructure projects.

BDO delivers assurance, tax, and financial advisory services to clients throughout the United States and around the globe, offering numerous industry-specific practices and world-class resources. BDO USA is a member of BDO International, the world’s fifth largest accounting network.

To learn more about the Gherzi Organization, visit http://www.gherzi.com.

Visit http://www.BDO.com to learn more about BDO USA.

Posted: August 24, 2022

Source: Gherzi Organization

Introducing DuraTech™ By Microban®: A Non-Heavy Metal Antimicrobial Cotton Technology With Superior Wash Durability

HUNTERSVILLE, N.C. — August 24, 2022 — Microban International is pleased to unveil its new technology, DuraTech™ by Microban® — an antimicrobial additive with superior wash durability designed explicitly for cotton applications. This non-heavy metal technology helps to prevent the growth of odor-causing bacteria up to 99.99 percent after 75 home launderings which far exceeds industry standards. DuraTech also works to keep cotton fabrics fresher for longer by reducing odors up to 99 percent even after 75 home launderings.

This innovation is part of Microban’s continued commitment to being a sustainability-solutions focused company. DuraTech will push the boundaries of antimicrobial cotton technology, addressing the needs of brands and manufacturers for a more durable and sustainable solution through the elimination of heavy metals from the formulation. As well as being a non-heavy metal antimicrobial, DuraTech is also binder-free, non-ionic, and fully water soluble. These features allow DuraTech to easily integrate into cotton fabrics during normal padding manufacturing processes, with no impact on the appearance or feel of the final cotton product. DuraTech works continuously to protect cotton products from the growth of harmful bacteria, which can lead to unpleasant odors, stains, and early product deterioration.

DuraTech will be available to cotton fabric manufacturers and brands in the U.S. and Asia, and will include Microban’s invaluable turnkey support services for branded partners. This novel technology is perfect for creating antimicrobial cotton products, such as sheets and towels for home textiles, hospitality, apparel, and more.

Michael Ruby, president of Microban International, commented: “As the global leader in the areas of antimicrobial, odor control, and surface modification solutions, Microban strives to deliver the most innovative solutions to our partners all around the world. We are pleased to announce the launch of DuraTech by Microban for textiles producers and leading brands in the United States, India, and Asia. This technological breakthrough is specifically targeted at cotton substrates which delivers unparalleled antimicrobial product protection and wash durability without relying on the use of heavy metals. This technology will help leading brands deliver a better end consumer experience in the home, hospitality, and apparel sectors with a sustainability-focused solution from Microban.”

Posted: August 24, 2022

Source: Microban International

Aptean To Expand Global Apparel And Retail Software Offerings

ALPHARETTA, Ga. & ATLANTA — August 24, 2022 — Today, Aptean, a global provider of mission-critical enterprise software solutions, and Aptos, a provider of retail technology solutions, announced that they have entered into a definitive agreement through which Aptean will acquire Aptos’ planning and product lifecycle management division. The planned purchase will expand Aptean’s cloud-based software offerings for the apparel, luxury, fashion and specialty retail industries, and broaden its fashion and apparel footprint. Following the transaction, Aptos will continue its focus on its suite of unified commerce solutions for the retail space, including its point of sale, order management, merchandising and other retail-specific applications.

With operations primarily based in Milan, Aptos’ planning division’s software is purpose-built to meet the merchandise planning and design needs of retail brands. Hundreds of established customers, including well-known fashion companies across the globe, rely on Aptos’ planning solutions to anticipate demand, optimize production and make more informed decisions.

Through the transaction, Aptean will acquire the full breadth of operations and the product portfolio of Aptos’ planning division which consists of solutions for merchandise financial planning (MFP), product lifecycle management (PLM), assortment planning (AP), and allocation, forecasting and replenishment (AFR). The addition of these products will complement Aptean’s enterprise resource planning (ERP) and shop floor control (SFC) offerings for the apparel industry with tools that support the entire apparel merchandise lifecycle from concept to shelf, providing visibility and real-time insights into financial planning, design, purchasing, distribution and delivery.

“When finalized, the acquisition of Aptos’ planning platform will build on Aptean’s commitment to serve the fashion and apparel industry,” said TVN Reddy, CEO at Aptean. “Like Aptean, Aptos has focused on bringing customers to the cloud, helping them to increase scalability while delivering a better experience to the end consumer. We’re excited to build on Aptos’ success and accelerate the ability of apparel and retail companies across the globe to harness the benefits of digital transformation.” Pete Sinisgalli, Aptos CEO, said, “The pending sale of these solutions to Aptean aligns with our previously announced areas of strategic focus. Aptean shares our passion for innovation and our commitment to strong customer service. With the addition of Aptos’ planning and PLM solutions to Aptean’s current software offerings, retail and apparel producers will have access to a greater range of proven and functionally-rich solutions tailored for their industries.”

The transaction is expected to close within the fourth quarter of 2022.

Posted: August 24, 2022

Source: Aptean/Aptos

AFFOA Names Michelle Farrington New CTO

Farrington

CAMBRIDGE, Mass. — August 24 — Advanced Functional Fabrics of America, Inc. (AFFOA), a non-profit public-private partnership focused on invigorating the American textile industry, has announced the promotion of Michelle Farrington to Chief Technology Officer (CTO).

In this new role as CTO, Farrington will be leading AFFOA’s integrated technology development team, with responsibilities spanning business development, program management, and engineering. She will be responsible for developing AFFOA’s technical strategy, and ensuring technical programs are developed in alignment with that strategy both within the organization and with its members.

“I am excited to see Michelle step into this new role. Her broad and deep technical knowledge, coupled with a talent for translating voice-of-the customer into a technical strategy, make Michelle perfectly suited for this role. Over the last one and a half years, Michelle has contributed to the strategic growth of AFFOA by building relationships with an expanding set of stakeholders both in industry and academia, and we look forward to her continued success as AFFOA’s CTO.” shared Sasha Stolyarov, AFFOA’s CEO.

When asked about stepping into the CTO role Farrington stated “I’m looking forward to
ramping up growth here at AFFOA. This means hiring great engineers, having in-depth
conversations with our members, and creating innovative solutions for bringing advanced
functional fabric products to market in a more predictable and manufacturable manner.”

Prior to joining AFFOA as the Vice President of Strategic Growth, and now becoming its CTO, Farrington spent over two decades in the semiconductor industry specializing in commercializing new technologies including MEMS inertial sensors, energy harvesting, and etextiles. She has also held roles in manufacturing, product and technology development, and business strategy.

Stolyarov continued “I am confident that Michelle will continue to help AFFOA expand its
capabilities and in turn the capabilities of our members. She is precisely what we need to reach our goal of impacting the domestic textile industry through the advancement and integration of new fabric technologies.”

Posted August 24, 2022

Source: AFFOA

Beaver Paper To Increase TexPrint, ProTex, TexSewn Paper Prices Globally By Up To 12 % For All Grades, Effective October 1st Of 2022

ATLANTA, Ga. USA & WILLSTÄTT, Germany— August 23, 2022 — Beaver Paper, a leading manufacturer of sublimation paper, is increasing prices for its entire product range globally by up to 12 % for all grades, effective for deliveries from October 1st, 2022.

This step is necessary to offset significant cost increases for raw materials, chemicals, pulp, and logistics.

Customers will be contacted directly by the Beaver Paper sales team.

Posted: August 23, 2022

Source: Beaver Paper

MYSTERY RANCH Backpacks And CORDURA® Advanced Fabrics Present The Debut Of CORDURA® re/cor™ RN66 In The MYSTERY RANCH Fall 2022 Product Line-Up

BOZEMAN, Mont. — August 23, 2022 — MYSTERY RANCH Backpacks and CORDURA® Advanced Fabrics present the debut of CORDURA® re/cor™ RN66 in the MYSTERY RANCH Fall 2022 product line-up already available in 16 countries including North America and UK – with the announcement of market entry in Germany.

For over 20 years, MYSTERY RANCH has been building some of the finest load-carriage equipment for elite military, wildland firefighters and mountain professionals, and they are set to unveil the latest efforts to reduce its environmental impact at the show. The industry-leading pack company built on a heritage of comfortable load carriage, function, and durability for people who have a mission to accomplish has a long and trusted history of partnership with INVISTA brand CORDURA® Advanced Fabrics.

This partnership deepens for Fall ’22 with the debut of CORDURA® re/cor™ RN66 in the DISTRICT Series, a new Everyday Carry pack collection.  Urging the outdoor industry to ‘Expect More, Waste Less’ nylon 6,6 challenges the throw-away mentality within the textile industry, making it easier for consumers to understand how one ingredient and quality craftmanship can allow them to get maximum life from their gear and apparel. For those who demand durability and sustainability, there’s no better choice.

MYSTERY RANCH President Alex Kutches states:

“We make the most durable loadbearing packs in the world, and now thanks to our innovative fabric partners, we can take some meaningful steps at the product level with full pack lines made of recycled materials. Our company partnership with CORDURA® has a long and special history, but the launch of the DISTRICT Series heralds a new chapter in our brand story and our unyielding focus on design and innovation. With CORDURA® re/cor™, we can remain committed to product quality and durability and introduce our first line of packs made from fully recycled materials.”

Cindy McNaull, CORDURA® Business Development Director, added:

“We’re delighted that the DISTRICT Series has already been adopted in 16 countries, including the US – this is an impressive take up for a brand-new product line. Innovation is at the core of what CORDURA® truly is, and MYSTERY RANCH is no different. We make it a priority to continually bring new ideas and products to our brand and retail partners. As the world evolves, we know a large piece of that will fall within stewardship and sustainability. We’ve put this work at the front of our efforts. At CORDURA® Advanced Fabrics, we believe that “Sustainability Begins With Products That Last™.” MYSTERY RANCH operates from the same value set, and they truly are the perfect partner to help us bring this new fabric to market.”

Posted: August 23, 2022

Source: INVISTA

Marijuana Strategic Ventures, Inc. Now Mushrooms Inc., Announces Filing Of Provisional Patent For Novel Mycelium Thread

ESTERO, Fla. — August 23, 2022 — Marijuana Strategic Ventures, Inc. (the “Company”) now Mushrooms Inc., announces Filing of Provisional Patent for Novel Mycelium Thread.

The Company is pleased to announce that on August 22, 2022, Mushrooms, Inc. executed an exclusive license agreement for all rights to a newly filed provisional patent for a novel mycelium thread manufacturing method with the United States Patent Office (USPTO).

Myco Technology with Mushroom Textile Applications

The Company’s exclusively licensed patent application is directed to a novel method for generating mycelium thread that Mushrooms Inc. believes will create a new textile material to replace some of the most commonly used petroleum-based fabrics.

Lead scientist Robert Richardson commented, “Our process uses specific fungus to metabolize and biodegrade agricultural waste into a usable mycelia material. This mycelia is then esterified and spun into silky fibers which may be used for textiles and clothing.”

By working with the fast-growing mycelium, in conjunction with regenerative agriculture, mycelium thread prevents the return of the sequestered carbon back into the atmosphere and creates a zero carbon, eco-positive product. Focusing on plant material diversity in their process will allow for unique agricultural curation which can be implemented globally, sequestering carbon and reducing pollution that would otherwise be released into the air through burning the waste in the fields.

Kimberly Carlson, CEO of Mushrooms Inc., said, “With only 2 weeks of growing time, we are looking at an efficient break down process for agricultural waste with high volume product output to feed directly into current methods of textile production. I am excited to work in collaboration with the intelligent mycelia, embrace its natural ability to break down waste, and enable designers to showcase the beautiful bi-product in familiar textile applications. Implemented correctly, this could have a positive global impact in countries burning high fiber or high cellulose agricultural residue.”

Mushrooms Inc. is aligned with the expectation that mycelium thread will be the newest textile medium for the creation of fabrics with a highly sustainable (minimal carbon impact), infinitely renewable, energy efficient manufacturing process.

Exclusive License Agreement

Under the Exclusive License Agreement, dated August 22, 2022, between Mushrooms, Inc. and the developers of the novel mushroom thread generation technology, Mushrooms, Inc. acquired the rights to future revenue generated by the market adoption of the technology.

With attainable milestones in place for Mushrooms Inc. including the production of an operable prototype incorporating the Technology by June 30, 2023 and commercialization by September 30, 2023 they look to use its reasonably best commercial efforts to achieve sales. With an agreed 90% royalty of net sales as well as 90% of any products obtained from operation of all Devices on a country by country basis, Mushrooms Inc. has secured this exclusive license agreement with a wide margin of profitability.

Provisional Patent Filed – On August 17, 2022, the licensing inventors filed patent application no. 63/371,683 with the USPTO, titled “Method For Mycelium Thread Generation”.

Posted: August 23, 2022

Source: Mushrooms, Inc.

Lenzing Looks To The Future With Green Energy In Indonesia

LENZING, Austria — August 23, 2022 — The Lenzing Group, a provider of wood-based specialty fibers, is expanding its global clean electricity portfolio and transitioning its production site in Purwakarta to green electricity. The Indonesian subsidiary PT. South Pacific Viscose (SPV) has been using electricity generated solely from renewable sources since July this year, which will reduce its specific carbon emissions by 75,000 tonnes annually.

In 2019, Lenzing became the first fiber producer to set a target of halving its carbon emissions by 2030 and becoming climate neutral by 2050. This carbon reduction target has been recognized by the Science Based Targets Initiative. In Purwakarta, Lenzing is currently investing in the reduction of carbon emissions, as well as air and water emissions. Thanks to its EUR 100 million investment in this area, Lenzing is gradually transitioning its existing capacities for standard viscose to LENZING™ ECOVERO™ and VEOCEL™ branded specialty viscose.

“Demand for our wood-based, biodegradable specialty fibers is constantly rising. We see enormous growth potential, especially in Asia. The switch to green, renewable electricity marks a huge step forward in converting our Indonesian site into a specialty fiber supplier. This makes us better positioned to meet the growing demand for sustainably produced fibers,” comments Robert van de Kerkhof, Chief Commercial Officer for Fiber at Lenzing.

Boosting growth in specialty fibers

Man-made climate change is one of the most pressing problems of our time. The fashion industry has an extremely negative impact on the environment due to its fast fashion business model and the growing consumption of fossil resources in textile production. LENZING™ ECOVERO™ viscose fibers (for textiles) and specialty viscose fibers under the VEOCELTM brand with Eco Care technology (for nonwovens) generate 50 percent lower greenhouse gas emissions and water pollution compared to standard viscose.1

Specialty fibers are Lenzing’s key strength. The company aims to generate more than 75 percent of its fiber revenue from the wood-based, biodegradable specialty fibers business under the TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ brands by 2024. With the launch of the lyocell plant in Thailand in March 2022 and the investments in existing production sites in Indonesia and China, the share of specialty fibers in Lenzing’s fiber revenue is set to exceed the 75 percent target by a significant margin as early as 2023.

1 Higg MSI: This figure was calculated using the Higg Material Sustainability Index (Higg MSI) tools of The Sustainable Apparel Coalition. The Higg MSI tools assess the impact of materials according to the cradle to gate method for finished material (e.g. material that is ready to be integrated into a product). However, the results only reflect the impact of manufacturing up to fiber production.

Posted: August 23, 2022

Source: The Lenzing Group

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