Indorama Ventures Issues THB 10 Billion Sustainability-Linked Bond Driving Climate Action And Sustainable Production

BANGKOK, Thailand — November 3, 2021 — Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, today issued a THB 10 billion triple-tranche Sustainability-Linked Bond (SLB), showcasing the company’s long-standing commitment to sustainable growth. It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors.

The bond is part of IVL’s financing strategy across a range of instruments linked to the company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability Linked Loan Principles.

The SLB is linked to IVL’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.

The triple-tranche structure includes 5-, 7-, and 10.5-year tenors, offering coupons of 2.48%, 3.00% and 3.60% per year respectively, targeting asset managers, commercial banks, insurance companies, cooperatives and high-net-worth individuals. With the orderbook peaking at over THB 17.8 billion due to strong interest in the sustainability-linked instrument, oversubscription was around 3x over the planned issuance amount of THB 6 billion with a green shoe option of THB 4 billion. In view of the strong orderbook from the investors, the company decided to exercise the green shoe option and increased the issuance to THB 10 billion, setting a new benchmark as the largest SLB transaction in Thailand. IVL appointed Bangkok Bank, Kasikorn Bank, Krungthai Bank, Siam Commercial Bank, and The Hongkong and Shanghai Banking Corporation Limited, Bangkok Branch as arrangers and bookrunners for the transaction.

On 23 September 2021, the bond was assigned an AA- rating and a “stable” outlook by TRIS Rating following a strong recovery of petrochemicals and derivatives and IVL’s growing profitability.

Under the terms, all tranches must purchase Energy Attribute Certificates (EAC) or voluntary carbon offsets in the event of failure to meet the sustainability performance targets (SPT). The testing dates for tenors with a maturity of 5 and 7 years are 31 December 2025, and 31 December 2030 for the 10.5-year tenor. SPT performance will be independently verified upon the testing dates.Proceeds for the issuance will be used to finance IVL’s corporate working capital and refinance existing debt.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures (IVL), said, “This bond reflects our clear commitment to sustainability and creates incentives for the company and our stakeholders. It is an important step in our work to optimize the IVL’s capital structure and give investors an opportunity to contribute to the positive transformation of the chemical industry. With the success of this bond issuance, investors have made their position on the climate action clear as they shift capital to align their portfolios with carbon neutral targets. Today’s sustainability-linked bond is proof that the financial markets value our ambitious sustainability effort and we look forward to working together for a more sustainable industry”.

Thiti Tantikulanan, Capital Markets Business Division Head at Kasikorn Bank (KBank), said, “KBank is pleased to be able to work with IVL on this exciting transaction, which marks an important development in sustainability for the Thai capital market. SLBs are new to Thai investors but the instrument creates the right incentives for issuers and investors. This SLB offers a greater variety of features than the simple coupon adjustment commonly seen in the market. The additional covenants to purchase Energy Attribute Certificates (EAC) or voluntary carbon offsets contributes to ESG goals and provides innovation to the market. The overwhelming investor response to the issuance is testimony to their confidence in IVL and interest in sustainability.”

In recent years, IVL secured loans linked to improvements in the company’s sustainability performance as a global leader in environmental, social and governance (ESG) integration. These included Thailand’s first Green Loan of USD 200 million and EUR 200 million from Japan’s Mizuho Bank, Thailand’s first cross-border Sustainability-Linked Ninja Loan worth USD 225 million from 16 institutions in Japan and a Blue Loan of USD 300 million arranged by International Finance Corporation and funded by Asian Development Bank and DEG.

Posted November 3, 2021

Source: Indorama Ventures Public Company Limited (IVL)

The LYCRA Co. Launches Online Customer Portal, Driving Digital Transformation For The Apparel Industry

WILMINGTON, DEL. – November 2, 2021 – The LYCRA Co., a global leader in developing innovative solutions for the apparel and personal care industries, today announced the launch of their LYCRA ONE™ Online Network Exchange. The new online customer portal empowers brands, retailers, and garment makers to connect to a global network of mills all in one convenient platform focused around the science of comfort, fit and performance.

Prior to the pandemic, there was already a need in the marketplace for a digital experience allowing brands and retailers to connect with mills and manufacturers in a virtual capacity without losing the inherent advantages of an in-person connection. Through the LYCRA ONE portal, users can source innovative fiber solutions using the digital fabric library. Users can also directly connect with mills to begin or expand on business relationships, learn about capabilities, and view product catalogs.

“The Lycra Co. has a rich legacy of innovation and we must embrace digital transformation. The launch of the LYCRA ONE™ portal leverages our connectivity across the apparel and personal care value chains and offers a one-stop seamless solution to rapidly move our customers’ ideas from concept to launch,” said The Lycra Co. CEO Julien Born.

LYCRA ONE™ features a knowledge center where users can access exclusive content such as webinars, white papers, and videos covering new fiber technologies, industry trends, marketing, sustainability, and more. These resources help educate users on maximizing the value of The Lycra Co. and its innovative solutions to deliver products that can meet their consumers’ needs and provide inspiration for new ideas.

Customers will discover innovative marketing and merchandising solutions through the LYCRA ONE™ portal, including brand assets and garment hang tags. Additionally, requests can be submitted for trademark license agreements and fiber certifications that help to reinforce the quality of products backed by the power of the LYCRA® brand.

Posted November 2, 2021

Source: The Lycra Co.

 

Jeanologia Transforming Physical Stores Into Digital And Sustainable Experience Centers

VALENCIA, Spain — November 2, 2021 — Jeanologia has developed an innovation laboratory to transform physical stores into digital and sustainable experience centers for consumers. Through the “Retail Innovation Lab” the company works together with the top brands and retailers in a new in-store model focused on eco-efficiency, personalization, and digitalization.

For Jeanologia, the three pillars for the future of retail are consumer experience, sustainability, and the omnichannel that connects the physical world with the digital. Consumers are at the center as participants in the sustainable finishing of their garments.

Jeanologia CEO, Enrique Silla, believes that the consumer experience must be based on the co-creation, transformation and customization of the product in-person and in real-time “creating and developing the product together with the consumer. Doing the finishing of the garment physically in front of the customer, by taking a product from the store, transforming, and customizing it with the customer present in the actual stores. And at the same time creating sustainable product.”

Through its “Retail Innovation Lab”, Jeanologia, leaders in sustainable technologies and eco-efficient development, brings to retail its disruptive technology for a new in-store model where personalization, digitalization and eco-efficient production are the main drivers.

Two success cases showing the future

Jeanologia has two success cases developed using its technology to bring to retail the experience of real-time personalization in front of the consumer.

The pop-up store by Levi’s® Haus in Miami is an example of the future of garment finishing that demonstrates the next level of personalization powered by Jeanologia’s laser. The consumer can customize every detail of the garment. For the Jeanologia CEO, Levi’s® Haus in Miami “has marked a retail milestone, bringing together jean design and production physically in-store with the fun of the in-person experience for the consumer.”

Another Jeanologia case study is the Bershka Denim Lab during the Milan Design Week. A project where Jeanologia installed a digital corner in Bershka’s flagship store on Corso Vittorio Emmanuele transforming it into a digital denim customization laboratory. This initiative meant that consumers could have a unique experience in real-time, designing their own garments in a quick and sustainable way with laser technology, in only 45 minutes and being present during the whole live process.

Posted November 2, 2021

Source: Jeanologia

 

U.S. Cotton Trust Protocol Celebrates First-Year Accomplishments

MEMPHIS, Tenn. — November 2, 2021 — The U.S. Cotton Trust Protocol, a farm level, science-based program that sets a new standard in more sustainably grown cotton recently celebrated one-year since its official launch. The Trust Protocol brings quantifiable and verifiable goals and measurement to sustainable cotton production and drives continuous improvement in six key sustainability metrics — land use, soil carbon, water management, soil loss, greenhouse gas emissions and energy efficiency.

In its first year, the Trust Protocol welcomed more than 465 brand, retailer, mill and manufacturer members and secured 950,000 bales of cotton into the system. The initiative also launched the Protocol Consumption Management Solution (PCMS) which enables the Trust Protocol to offer unrivalled transparency and visibility of cotton through the supply chain, backed by an unparalleled level of independently verified data from our growers. Recognizing the growing importance of increased supply chain visibility, the PCMS uses the combined power of the Protocol Platform and TextileGenesis™ to provide members the world’s first sustainable cotton fiber to offer article-level transparency across the supply chain.

“The U.S. Cotton Trust Protocol was created to set a new standard in more sustainable cotton and we are proud of the significant achievements made in the program’s first year,” said Dr. Gary Adams, president of the U.S. Cotton Trust Protocol. “Our goals are rooted in the idea that U.S. cotton production can contribute to the protection and preservation of the planet by using sustainable and responsible growing techniques. Today the Trust Protocol is the world’s first sustainable cotton fiber to offer article-level transparency and visibility of cotton throughout the supply chain, backed by an unparalleled level of verified data from our growers. We look forward to building upon these successes in years to come.”

Brand, retailer, mill and manufacturer members include Levi Strauss & Co., PVH Corp and its brands Calvin Klein and Tommy Hilfiger, Gap Inc. and its collection of purpose-led lifestyle brands Old Navy, Gap, Banana Republic and Athleta, as well as global apparel manufacturer Gildan. The Trust Protocol has also welcomed UK retailers Tesco, Byford and Next Plc. Other Trust Protocol member announcements include the first 10 U.S. member mills to join and the first members in Latin America.

The U.S. Cotton Trust Protocol is aligned with the UN Sustainable Development Goals, recognized by Textile Exchange and Forum for the Future, and part of the Sustainable Apparel Coalition, Cotton 2025 Sustainable Cotton Challenge, Cotton 2040 and Cotton Up initiatives.

Posted November 1, 2021

Source: U.S. Cotton Trust Protocol

 

 

COP26: Alchemie Technology Asks World Leaders To Cut Energy And Carbon Dioxide Emissions From Global Fashion Industry.

CAMBRIDGE, United Kingdom — November 2, 2021 — Alchemie Technology — an innovator of low energy, waterless, textile dyeing and finishing technology — is calling on COP26 leaders to support the global fashion industry in the adoption of new manufacturing technology, which will dramatically reduce carbon emissions and fashion’s impact on climate change.

While the fashion industry is one of the most polluting on the planet, second only to oil and gas, and greenhouse gas emissions from textile dyeing at around 3 percent of global emissions outweigh that of all international flights and maritime shipping combined, it is an industry that can also reduce carbon dioxide emissions the fastest, just by changing the way it dyes fabrics.

Fabric dyeing is the most polluting part of fashion and activewear manufacturing, involving industrial scale dye baths and huge amounts of dye chemicals, steam, electrical power, and consequent high carbon dioxide emissions. Repeated washing of the dyed fabric, required to remove dye residue, is responsible for 20 percent of the world’s wastewater pollution and excess dye is discharged into waterways, affecting the health of some of the world’s poorest communities. In more regulated areas, water pollution is reduced through reliance on energy intensive water treatment plants.

However, an environmental step change can be achieved by adopting new digital technology that can dye fabrics with an 85-percent reduction in energy consumption and a dramatic 95-percent reduction of the 1.3 trillion liters of water currently used by the industry each year

For example, dyeing one polyester shirt using current methods generates 4.5 liters of wastewater and produces 0.17 kilograms of carbon dioxide, compared to low energy digital technology, which uses less than 0.2 liters of water and reduces carbon emissions to 0.03 kilograms. Multiply these numbers by the billions of garments dyed each year and the scale of the environmental problem, if nothing changes, is clear to see. Equally, the amount by which the textile industry can improve its carbon footprint is dramatic and can be done quickly if action is taken now.

Dr. Simon Kew, managing director, Alchemie Technology, commented: “The technology now exists to enable the textile industry to make a significant contribution to helping meet the world’s net zero, climate change goals. But it requires the support of governments through investment, grants and legislation and the critical effort of brands, and their manufacturing supply chains to work together to make the change.”

Posted November 2, 2021

Source: Alchemie

ORORO Heated Apparel Announces The Release Of New State-Of-The-Art Heated Scarf

LAS VEGAS — November 2, 2021 — ORORO Heated Apparel is thrilled to announce the launch of a new Unisex Heated Scarf to help keep you warm this winter season.

This new scarf is designed for ultimate performance with transformative features. The scarf heats up in just three seconds, providing quick and long lasting warmth. There are three levels of heat allowing you to select the perfect level of comfort and the large heating area ensures that your entire neck stays warm.

There are travel friendly features like the lightweight battery, the same one used for our heated gloves, so you only have to pack one charger to charge both items – adding extra convenience when packing for your next outdoor adventure. Our new scarf is also TSA-friendly, making it easy to pack for trips.

Other features include: water-resistant, wind-resistant, and breathable lining which is perfect for active outdoor activities.

Posted November 2, 2021

Source: ORORO Heated Apparel

Denim: ISKO And Soorty Launch ISKO Future Face™ By Soorty Collection: A First-Of-Its-Kind Collaboration

BURSA, Turkey — November 2, 2021 — Back in June, ISKO and Soorty announced the signing of a landmark technology licensing agreement which sees the two companies working in partnership on the production of fabric and garment collections. Today, the two companies have announced the launch of their first collaborative effort – ISKO Future Face™ by Soorty collection.

Created using ISKO’s innovative ISKO Future Face™ technology, the collection is produced by Soorty specifically for the US market. The ISKO Future Face™ technology is a patented woven fabric that looks like a knit: it combines a soft, silky finish with comfort, enhanced shape retention and a flattering drape, while maintaining all the properties of true denim. ISKO Future Face™ by Soorty is washed using the most responsible laundry techniques that avoid the use of stones, PPE or hazardous chemicals while reducing the water, energy and resource need, a collection that will help consumers to take care of the planet while staying stylish and comfortable.

As people emerge from isolation after a year and a half, it’s clear that everyone has been changed by the pandemic. Clothing is yet another reminder of this unintended yet undeniable transformation. Designing a life between masks, remote working, going out and meeting with nature whenever possible has brought back the sense of wellbeing to city lives. While defining a new normal, there shouldn’t be a choice between city life and comfort and both can be mutually inclusive. This is the age of a global awakening, abandoning the norm and embracing change which is necessary for a transition towards a brighter future for the industry.

Being truly at the forefront of sustainability, inclusivity, technology and education, both brands are always evolving and launching different initiatives that focus on a change for the better for the industry. Examples include Soorty approaching DENIM AS A POWER OF GOOD with a continuous investment on latest technology smart machinery and innovations that use less of what is limited and make more of it as well numerous CSR projects they conduct focusing on equality and welfare of all, creating an inclusive workplace, creating a transparent education platform, introducing the one size fits all – adaptive denim technology with genderless and unisex fabrics to open room for inclusivity, diversity and responsibility .

As for ISKO, the leading denim ingredient brand is continuously advancing circularity in fashion through new partnerships and activities, as well as contributing its expertise in textile innovation. A case in point is its recently announced participation in The Jeans Redesign, a project established by the Ellen MacArthur Foundation’s Make Fashion Circular initiative, and the commitment that 85% of ISKO’s entire fabric production will consist of recycled material content made from pre-consumer and post-consumer recycled materials – a production that will be independently verified by Textile Exchange audit bodies. It has also provided scholarships to underprivileged students through the Sani Konukoğlu foundation.

For the ISKO Future Face™ by Soorty campaign, no editing or photoshop was used on the imagery of the models. This is the brands’ next continuation on the inclusivity movement, accepting different bodies, embracing everyone, and staying true to oneself without falling for the image that society portrays. This complements going back to the city after the pandemic and provides a reconnection moment which is the main story of the collection.

The collaboration between the two powerhouses combines ISKO’s renowned expertise in creating best-in-class, patented technologies with Soorty’s extensive vertical production network, which will be utilized to produce the collections; it also taps into a true passion for fashion solutions that never sacrifice looking good while upping their responsibility and sustainability game. This unique collaboration opens the door to significant, new business opportunities for both companies and will enable them to meet customers’ needs on a greater scale.

Through this partnership, ISKO and Soorty have developed a business model that is a first in the industry with the potential to change working practices for the better and unlock value for the entire market through the scaling of responsible innovations. The two players are driven by a shared approach that prioritizes synergy, cross-fertilization, and a quest for constant improvement.

Today’s business landscape is calling out to all stakeholders to create connections that help take care of the planet and its people. ISKO’s Responsible Innovation™ approach is founded on creativity, competence and citizenship and demonstrates the company’s effort to make the world a better place. Soorty, Pakistan’s largest vertically integrated denim company, is committed to a vision of a clean, green and fair future for all, which is a perfect alignment for this partnership.

“We have always aimed at pioneering new models and innovations for the industry, like patenting textile technologies and building an actual denim ingredient brand”, said Marco Lucietti, ISKO Director of Strategic Projects. “We are now proud to be the ones to initiate this kind of new collaboration together with Soorty.”

“ISKO Future Face™ by Soorty is a truly game changing offer that can be used to create an endless array of products, all of which are in high demand in both the pandemic and post-pandemic world. We’re hugely excited by the possibilities this opens up for the market”, said Asad Soorty, Director of Soorty Enterprises.

Posted November 2, 2021

Source: ISKO

Polartec Announces Switch To Peppermint For Metal-Free Odor Resistance

ANDOVER, Mass. — November 2, 2021 — Polartec®, a Milliken & Company brand, and creator of innovative and sustainable textile solutions, announced a switch to peppermint for metal-free odor resistance treatment across its line of performance fabrics. The bluesign®-certified peppermint oil odor resist treatment is an easily renewable, highly sustainable and biodegradable solution for inhibiting odor at the source. The more environmentally friendly push to use peppermint oil is just the latest in Polartec’s ever growing Eco-Engineering initiative.

Performance fabrics have long included anti-odor additives to improve product quality, lifespan, and reduce energy usage through washing. Under Polartec’s Eco-Engineering initiative, the company is constantly exploring better solutions for technical fabrics that meet and exceed the highest possible standards of quality, performance and sustainability.

Knowing that body odor occurs when bacteria metabolize fatty acids and proteins in sweat, and secrete waste, Polartec turned to peppermint oil, which effectively inhibits the growth of odor-causing microbes in the fabric.

The odorless peppermint oil-based treatment was proven in R&D trials to achieve a 99-percent microbial reduction, even after 50 wash cycles (per industry standard testing JIS L1902).  According to those results, the treatment is effectively permanent. In garment use trials, where it really counts, Polartec’s “sniff judges” rated the odor control as better than or equal to the protection offered by past metal containing treatments. A bellwether of peppermint oil-based treatment, all Polartec Power Dry®, Polartec Power Grid™, and Polartec Delta™ fabrics will have permanent odor resistance. Production in Italy and China will begin in the late fall, with the United States to follow in 12 months.

“This new odor-resist treatment using responsibly sourced, all natural peppermint oil aligns with our overarching Polartec Eco-Engineering™ mission, which is to develop performance materials based in sustainable science,” said Karen Beattie, Senior Polartec Product marketing manager.

Sustainably harvested using an eco-friendly steam extraction process, peppermint oil is a naturally derived solution to an age-old problem.

Posted November 2, 2021

Source: Polartec®, a Milliken & Company brand

New ITMAlive Series Features Textile Industry Trending Topics 

BRUSSELS — November 2, 2021 — The second season of ITMAlive, a content series created to support the ITMA exhibition is launched today. Comprising four industry discussions, the new ITMAlive series seeks to offer deeper discussions amongst industrialists on trending topics affecting the global textile and garment industry.

The discussions are based on ITMA 2023’s overarching theme of Transforming the World of Textiles and its focused areas: advanced materials, automation and digital future, innovative technologies, and sustainability and circularity.

Charles Beauduin, chairman of ITMA Services — organizer of ITMA 2023 — commented: “This new season follows last year’s Forging Ahead amidst a Pandemic series which consisted of interviews with 8 prominent leaders of textile and garment industry companies that had remained agile and resilient during the global coronavirus crisis. For this year’s series, we are privileged to have established leaders of the textile and garment industry to share in-depth views, create awareness to anticipate future demand and ideas to future-proof their business. Such discussions also create a more vibrant community within our industry.”

Each of the ITMAlive panel discussions features three industry members with the session moderated by a key media representative.

Panel 1: Advanced Materials

Moderated by Adrian Wilson, analyst and writer in technical textiles, nonwovens and composites industries from AWOL Media, the session covers the new technologies for the production of advanced materials and an overview of the current state of the industry and what can be expected in the near future.

The panel members are:

  • Lutz Walter, Secretary General, European Technology Platform for the Future of Textiles and Clothing (ETP)
  • Jerome Ville, CEO, Fibroline SA
  • Dr. Thomas Schmidt, Director of Innovation and RSL, Huafeng Textile Group

Panel 2: Automation and Digital Future

Spotlighting on the digital future, barriers to automation, and challenges to creating a sustainable future for the textile industry, the discussion is moderated by Madelaine Thomas, content lead, World Information Textile Network (WTiN).

The panelists include:

  • Hayato Nishi, Public Relations Manager, Shima Seiki USA
  • Jonas Larsson, Senior Lecturer, Faculty of Textiles, Engineering and Business, The Swedish School of Textiles
  • Uwe Gansfort, Managing Director, canda International, C&A FIT (Factory for Innovation in Textiles)

Panel 3: Innovative Technologies

Focusing on current smart textiles trends and developments, and their impact on textile manufacturing technologies, the discussion is moderated by Claudia van Bonn, editor-in-chief, TextileTechnology, dfv media group.

The panel comprises:

  • Jean-Marc Senecot, Global Head of Research & Development, Porcher Industries
  • Michael Kieren, Product Manager, New Textile Technologies, Karl Mayer Stoll R&D
  • Prof Yoel Fink, Professor of Materials Science, Massachusetts Institute of Technology (MIT)

Panel 4:Sustainability and Circularity

As circularity becomes more crucial for the textile industry, the discussion will zoom in on why the textile industry needs to move towards more circular model, the opportunities/challenges around the implementation of these solutions and the way forward. It is moderated by John Mowbray, environmentalist and founder, Ecotextile News.

Panelists include:

  • Karla Magruder, Founder, Accelerating Circularity
  • Petri Alava, CEO, Infinited Fiber
  • Baptiste Carriere-Pradal, Chairperson, The Policy Hub

The series is available online at www.itma.com with a new panel discussion uploaded every Tuesday till 23 November. Click on this to view the first panel discussion on Advanced Materials.

The world’s largest textile and garment technology exhibition, ITMA will be held at Fiera Milano Rho, Milan, from 8 to 14 June 2023. It is expected to draw strong response. More details on stand space application can be found on the website. For participation enquiries, please email: application@itma.com.

The last ITMA exhibition, held in Barcelona in 2019, featured exhibits from the entire textile and garment making value-chain, including raw materials and fabrics. It drew a record-breaking participation of 1,717 exhibitors from 45 countries and visitorship of more than 105,000 from 136 countries.

Posted November 2, 2021

Source: CEMATEX and ITMA Services

Solico Engineering Showcase Superyacht, Commercial And Small Boat Engineering Capabilities At METS 2021

OOSTERHOUT, The Netherlands — November 2, 2021 — Solico, a Maritime composite engineering specialist, will be exhibiting at METS 2021 in Amsterdam from the November 16-18, 2021. The Solico stand will highlight the company’s full spectrum of composite engineering capabilities, focusing on sailing superyachts, motor superyachts, commercial marine craft, and small boats. Also on display will be two of Solico’s most recent projects, an all-carbon fibre captive reel winch from superyacht spar and component specialist Rondal, and a scale model of the new 30’ Aeolos P30 race boat.

With more than 30 years’ experience in the maritime sector, Solico works alongside many of the leading shipyards and builders, providing smart composite engineering solutions for vessel hulls, decks, superstructures, rigs, hatches, hull doors, rudders, radar masts, bowsprits, winches, anchor systems, and even propellers.

Solico has worked with market leading composite spar and component builder Rondal on a wide variety of engineering projects and is delighted to be able to showcase one of these most recent marine applications at METS 2021. The stunning all composite Rondal halyard winch on display on the Solico stand, the middle-sized unit from a set of 3 winch sizes engineered by Solico, is designed for a nominal line load of 18,000kg. Solico completed the FE analysis, structural verification, and laminate specifications for the carbon prepreg winch housing and filament wound carbon fibre winch drum. Weight reduction in these highly loaded winch systems improves the overall efficiency of the sail handling package as well as contributing to stability improvements and allowing additional equipment to be carried onboard.

The Aeolos Performance 30 (P30) is a lightweight carbon racing yacht, optimised for single and double handed sailing from UAE based Aeolos Composites. Earlier in 2021, Solico delivered a complete composite engineering package for the P30 including structural verification, laminate lay-ups and production drawings for the yacht’s hull, deck, coach roof, bowsprit, keel, and rudder.

Unique to the Aeolos P30 design is the option to purchase a 1:10 scale fully functional radio-controlled version of this all-carbon fibre race boat. One of these smaller P30’s will be on display on the Solico stand, whilst the full-size version is completed in Dubai before starting sea trials imminently.

The Solico team will be on hand throughout METS 2021 on stand EF.315 and are looking forward to once again being able to meet face to face with new and existing clients, sharing their expertise, and creating the smartest composite engineering solutions.

Posted November 2, 2021

Source: Solico Engineering B.V.

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