DuPont™ Kevlar® EXO™ Named Edison Award Finalist In The Critical Safety Materials Advancement Category

WILMINGTON, Del. — March 5, 2025 — DuPont is proud to announce that its breakthrough innovation, Kevlar® EXO™, has been honored as a finalist for the Edison Awards™ in the Critical Safety Materials Advancement category.

DuPont Kevlar has long been the advanced material behind high-performing body armor that protects those who serve. Now, with body armor crafted using Kevlar EXO, military and law enforcement officers can experience previously unavailable levels of ballistic protection without compromising on mobility and comfort. With unmatched pliability, Kevlar EXO contours to curves and body lines, providing a more body-inclusive solution while still offering maximum protection.

“Kevlar EXO is solving real-world challenges by redefining the standards of protection and performance,” said Nicole Blankenbeckler, Technical director at DuPont. “Protective equipment needs to be not only strong but also comfortable, flexible and lightweight to ensure maximum protection in the demanding environments where it is deployed — whether in law enforcement, military operations, or space exploration. We are incredibly proud and honored to be a finalist in 2025.”

This year’s finalists were selected from thousands of submissions and were rigorously evaluated on concept, value and impact by the Edison Awards Steering Committee, which is made up of an independent panel of senior scientists, engineers, designers and academics. Their expertise ensures that the winners represent the highest standards of ingenuity and influence across industries.

“Edison once said, ‘The value of an idea lies in the using of it,’ and our 2025 finalists embody this sentiment in extraordinary ways,” said Frank Bonafilia, executive director of the Edison Awards. “From healthcare and sustainability, to just the tip of the iceberg of what’s possible with AI and robotics, these innovators are tackling the world’s most pressing challenges and creating solutions that inspire progress for future generations.”

The Edison Awards is an annual competition honoring excellence in new product and service development, marketing, human-centered design, and innovation. The gold, silver and bronze winners will be announced at the 2025 Edison Awards Gala in Fort Myers, Florida on April 3.

Posted: March 6, 2025

Source: DuPont Water and Protection

Global Exhibitor Line-Up Confirmed For FESPA Global Print Expo 2025 And Co-Located Events

DORKING, England — March 6, 2025 — FESPA Global Print Expo, European Sign Expo and Personalisation Experience — to be held May 6-9, 2025, at the Messe Berlin, Germany — will welcome more than 550 new and returning exhibitors from more than 36 countries, already surpassing exhibitor numbers from last year’s events. At the events, visitors will have the opportunity to see the latest products and innovations from a rich line-up of international players in the specialty print space including the latest trends in sustainability, print on demand and intelligent automation.

Plockmatic group, Morgana Systems, Mikkelsen Innovations and Robotfactory are amongst the 198 first-time and returning exhibitors after an absence from the 2024 events.

Across the three events, visitors will be able to explore hardware solutions for wide format, textile and garment decoration, finishing and more from major exhibitors including AGFA, Brother, Canon, Durst, EFI, Epson, Fujifilm, HP, Kongsberg PCS, Kornit Digital, M&R, Mimaki, Ricoh and Roland.

Caldera, Onyx, PrintFactory and SA International are among the confirmed software suppliers for the event, demonstrating end-to-end workflows, colour management, job onboarding and RIP and CNC solutions.

A host of companies will present the latest consumables such as self-adhesives, aluminium composite materials, paper, inks and flexible PVC media. Exhibiting companies include 3A, 3M, Berger Textiles, Coldenhove, Decal, Endutex, Fedrigoni, Hexis, IGEPA, Pongs, Sun Chemical and UPM.

With over 100 exhibitors confirmed for European Sign Expo 2025 visitors can expect to discover transformative developments shaping the future of the signage and visual communications industries. ABC Display, Adsystem, Cosign, Domino Sign, EFKA, LUCO LED, NSELED, SIGN-Ware and TPS will showcase products for channel lettering, digital and dimensional signage, engraving and etching, illuminated displays, out-of-home media, LED, outdoor systems, laser cutters, routing and sign tools.

Personalisation Experience will highlight the latest software for customization design and production automation, from exhibitors including Antigro, Kit Builder, Konfigear, ip.labs, and XMPie.

Head of FESPA Global Print Expo Michael Ryan commented: “This year’s events are set to be a pivotal platform in 2025 for our global community. We’re delighted to be back in Berlin, a vibrant and creative destination, which, given its history, is ideal for hosting FESPA and it’s co-located events. Eight halls full of inspiration and innovation await professionals from the speciality print market, where they can discover a plethora of on demand technologies for specialist print applications. With over 550 exhibitors, FESPA Global Print Expo and its co-located events will be THE meeting point for Visionaries in 2025.”

For a full list of exhibitors visit: www.fespaglobalprintexpo.com/visit/exhibitor-list-2025

Registration for FESPA Global Print Expo, European Sign Expo and Personalisation Experience is now live. Entry to all three exhibitions is free for members of a FESPA national Association or FESPA Direct. Non-members who pre-register using code FESM521 before 8 April 2025 can save 30 euros on their exhibition entry.

Posted: March 6, 2025

Source FESPA A Global Federation Of Associations For The Screen Printing

X-Rite Earns Silver Badge From Ecovadis For Sustainability Performance

GRAND RAPIDS, Mich. — March 6, 2025 — X-Rite Inc. announced today that it has achieved a Silver Badge from EcoVadis, a global business sustainability assessment company. Earning a Silver Medal places X-Rite in the top 15 percent of companies globally for sustainability practices.

The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. More than 130,000 companies globally have been rated by EcoVadis.

“We are extremely excited to receive a Silver rating in our first assessment through EcoVadis,” said Jeff McKee, president, X-Rite. “This recognition validates our longstanding commitment to sustainability and corporate responsibility. As a trusted partner to our customers, we are dedicated to making a positive environmental and social impact through our operations, products, and partnerships.”

X-Rite’s sustainability initiatives are built on three core pillars — Products, Planet, and People — driving the company’s commitment to reducing its environmental footprint and promoting responsible business practices.

The X-Rite team works across all functions and geographies to uphold the highest standards of corporate responsibility and continuous improvement. As part of Veralto, X-Rite contributes to a broader mission of Safeguarding the World’s Most Vital Resources™ by supporting scientific and technological innovation that help our customers advance sustainability, branding, safety, compliance, and traceability objectives.

EcoVadis’ business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards, and the ISO 26000 standard. The ratings provide an evidenced-based analysis on performance and an actionable roadmap for continuous improvement.

Posted: March 6, 2025

Source X-Rite Incorporated

FILTREX™ Innovation Award 2025: Announcing the Nominees

BRUSSELS, Belgium — March 6, 2025 — EDANA, the voice of nonwovens, is pleased to announce the three nominees for the FILTREX™ Innovation Award 2025, recognizing outstanding innovation in the filtration industry.

The FILTREX Innovation Award honors innovation in the filtration sector, recognizing the ongoing commitment to excellence by manufacturers of nonwoven-based filtration products and components. The nominees are:

GESSNER – Lignin-Saturated Cellulose Filter Media

GESSNER’s innovative lignin-saturated cellulose filter media sets a new standard in sustainable filtration. Designed to reduce your product’s carbon footprint, this eco-friendly solution replaces fossil-based resins with renewable lignin, saving up to 100 kilograms of crude oil per ton of material. Perfect for engine air, oil, and fuel filter elements, it combines top-tier filtration performance and durability with lower formaldehyde emissions during curing. Experience sustainability without compromise – achieve high-efficiency filtration, optional flame retardancy, and a tangible step towards a greener future with our lignin filter media.

Hollingsworth & Vose – NanoWave®ESA

Hollingsworth & Vose is a manufacturer of engineered materials. Their innovation NanoWave®ESA is an all-synthetic 3D media designed for high efficiency respiratory protection. Filters can be designed with minimum media processing while extending the filter life. It is free of PFAS, is safe to use, and can meet the demand for smaller and smaller filters without compromising on comfort. NanoWave ESA can be produced with a stretch so that highly efficient, stretchable, breathable and drapable garment can be cut to size.

Johns Manville – Evalith®

Johns Manville, a Berkshire Hathaway company, and a leader in the filtration business with manufacturing lines in Europe and the US, has pioneered an innovative recycling process that converts post-industrial HVAC bio-soluble glass microfiber filtration media waste into compounded pellets for injection molding. The resulting pellets, with 30 percent glass fiber, are being used to create durable, second-life products. This eco-friendly solution prevents landfill waste, reduces CO₂ emissions, and supports a circular economy.

Each of the three companies will have a 10-minute slot to present its innovation during the FILTREX 2025 event, held on 25-26 March 2025 in Vienna, Austria. Attendees will have the opportunity to cast their votes and select the winner, with the award being presented during a reception at the end of the first day.

Since its launch in 2004, FILTREX has established itself as the leading platform for professionals in the filtration media sector. This two-day conference gathers executives and technical experts from across the industry, including filter media producers, converters, raw material suppliers, testing equipment manufacturers, laboratories, and research institutions. The program offers insights into market trends, cutting-edge filter materials, advancements in media design, air and liquid filtration, automotive applications, and developments in testing and standardization.

Don’t miss out on the opportunity to attend the event — only a few spots remain!

Visit the following website to register:

https://www.edana.org/events/filtrex/filtrex-europe/registration-filtrex-europe?utm_source=press+release&utm_medium=media&utm_campaign=filtrex+promotion+2025+innovation+award

Posted: March 6, 2025

Source EDANA

Tonello Dryers: Smart Drying, Exceptional Savings

SARCEDO, Italy  — March 6, 2025 — Tonello is revolutionizing the world of industrial drying with its first-ever range of dryers, designed and manufactured entirely in-house. This strategic addition completes the garment treatment process, ensuring maximum efficiency, quality, and sustainability.

Maximum Flexibility For Every Production Need

The new line includes eight models tailored to meet every production requirement, from sampling to large-scale manufacturing. Each machine features a touchscreen display, a temperature sensor for precise control, and an enlarged transparent door that makes process monitoring easier. The drum, with its wide diameter, ensures better garment distribution and faster drying.

The models adapt to different operational needs, from the fixed version with a manual door for sampling to models with automatic tilting for unloading, and even advanced configurations with automated loading and unloading or double doors for more efficient workflow management.

Efficiency And Sustainability Without Compromise

Tonello dryers are designed with a strong focus on energy efficiency and environmental responsibility. The high-permeability drum speeds up drying, while the enhanced airflow reduces processing time and energy consumption, ensuring optimal performance and less component wear. The inverter-controlled transmission, operated via the control panel, allows for customized recipes, optimizing every phase of the process.

Moreover, all models are Heat Pump Ready, making them compatible with heat pump integration for significant improvements in energy efficiency and emissions reduction compared to traditional heating technologies.

For those looking to push energy savings even further, optional solutions include ThermoShell, an advanced insulation system that enhances thermal efficiency, and SmartDry, a heat recovery system that achieves over 20-percent steam savings in medium- and large-production models. The SmartDry option can also be retrofitted to Tonello dryers in their standard configuration.

Intelligent Software For Total Control

Tonello’s next-generation software makes the drying experience simpler and more intuitive. Thanks to its modern interface, users can create customized programs directly on the machine, monitor the drying process in real time, and optimize settings with the intuitive Program Editor.

For even more advanced management, digital options such as Metro, which enables centralized monitoring and consumption analysis, Guardian, a sophisticated diagnostics system that ensures optimal performance and prevents machine downtime, and Mago Site Manager, a remote assistance service allowing rapid interventions and preventive maintenance, are available.

With Tonello dryers, the drying process becomes faster, more efficient, and more responsible, delivering significant savings and a reduced impact.

* Compared to equivalent market models

Posted: March 6, 2025

Source Tonello srl

Oerlikon Barmag And Oerlikon Neumag Product Brands On Display At Domotex Middle East

REMSCHEID, Germany — March 6, 2025 — Barmag, a subsidiary of the Swiss Oerlikon Group, is presenting comprehensive total solutions for efficient carpet yarn production for its Oerlikon Barmag and Oerlikon Neumag product brands at Domotex Middle East. At the representative stand of ATAG Ltd. Trading Export & Import (Z5-A20), trade visitors to the leading event for the carpet and flooring industry in the Middle East will have the opportunity to get an idea of the integrated solutions offered by the manmade fiber technology provider.

The trade fair presentation will also focus on the topic of sustainability. Together with partners such as Oerlikon Barmag Huitong Engineering (OBHE) and BB Engineering (BBE), Barmag will be presenting concepts for mechanical and chemical bottle recycling as well as for textiles, biopolymers and the circular economy. In addition, the company has been offering innovative solutions for the textile industry with the e-save sustainability label for decades, setting standards for a more environmentally friendly future.

Recycling – technologies for a sustainable future

The Homogenizer from OBHE enables thermomechanical recycling of polyester waste. Commercially available raw materials such as bottle flakes or post-industrial waste and film waste are processed into high-quality PET products. With an optimized residence time spectrum, the OBHE Homogenizer ensures constant polymerization conditions. This has a targeted effect on the desired increase in viscosity and produces an excellent and homogeneous melt quality. The production of high-quality and defined rPET products with further processing of the melt to POY and FDY in the direct spinning process or for the production of PET chips is thus guaranteed and has already been proven by installed systems on the market. With the Homogenizer, the customer receives a flexible system for thermo-mechanical recycling of polyester waste.

The VarioFil® R+ compact spinning system from BBE recycles and processes PET bottle granulate, and PET waste produced during start-up directly back into POY. The sustainable machine concept allows a high degree of product flexibility, including the production of spun-dyed yarn. The turnkey spinning line is also ideal for producers who manufacture small batch sizes or specialized products.

The VacuFil® system from BB Engineering recycles post-consumer and post-production polyester waste.

BBE’s VacuFil PET recycling system convinces with the “From Waste to Value” principle. The system is designed to process textile waste to a high quality. Based on decades of experience in extrusion, filtration and spinning, the patented technology is unique: it combines gentle large-area filtration with targeted IV regulation for consistently excellent rPET melt quality, comparable to virgin material. Numerous input materials can be processed: In addition to the usual bottle flakes, VacuFil is particularly suitable for production waste from the spinning mill, from start-up lumps and yarn to unmixed fabrics, which can also include post-consumer waste. The patented key component Visco+, a liquid-state polycondensation system, quickly and reliably removes volatile impurities and automatically regulates the IV. There are various options for further processing of the treated melt. It can be fed into the main melt stream, processed into chips via pelletizing or flow directly back into the spinning mill. The VacuFil recycling system can therefore be designed modularly and flexibly to meet customer requirements.

Novel bi-component BCF yarn for the carpet market

Quality, efficiency and performance – with its latest development in bicomponent yarns for carpet production, Barmag’s product brand Oerlikon Neumag meets the carpet market’s demand for new innovative BCF yarns. The new BICO BCF yarn is characterized by a richer and higher volume while significantly reducing raw material consumption in carpet production. “At the exhibition stand, interested parties can see sample yarns and carpets, find out about the range and have in-depth discussions about the benefits of BICO BCF yarn in various applications,” explains Jilali Lakraa, Regional Sales Director at Barmag.

Efficient production of high-titer products in the POY and DTY process with WINGS HD and eAFK Big V

The knowledge of all relevant technologies in manmade fiber spinning enables Barmag to be the only manufacturer worldwide to offer a comprehensive range of services for the production of carpet yarns. The system concept based on a POY and texturing process is designed for a carpet and home textile product sector that requires particularly soft and bulky polyester yarns with BCF-like properties. The aim here is to produce yarns with a maximum count of 1200den and over 1000 filaments. Typical products are, for example, a 1200den f1152 or 600den f1152 as well as 900den f864. The machine concept consists of the well-known WINGS HD POY winder and the eAFK Big V texturing machine.

The eAFK Big V multi-spindle texturing machine is part of the solution of the Barmag product brand Oerlikon Barmag for the production of high-quality, high-titer yarns.

If DTY yarns up to 1200den with up to 1152 filaments are spun together from four POY bobbins 300d/288f on a DTY machine, as was previously standard, the process has a fundamental disadvantage: half of the available winding positions of the texturing machine remain unused. Here, Barmag offers the yarn producer a highly efficient solution: the spinning concept with WINGS HD take-up unit in combination with an automatic eAFK Big V multi-spindle texturing machine is currently the only solution on the market that produces excellent quality high-titer yarns with maximum machine efficiency. With this concept, the 1200den yarns are produced directly from two 600den POY bobbins.

JeTex® Air texturing from BBE enables a broad and flexible product portfolio

The JeTex® air texturing system from BBE perfectly complements the Oerlikon Barmag DTY system and enables the customer’s product portfolio to be expanded to include high-quality ATY based on POY and FDY for a wide range of textile applications. The heart of the system is the texturing box developed by BB Engineering. In addition to many other state-of-the-art components from Oerlikon Barmag, it ensures gentle yarn treatment with reliable texturing effects as well as production efficiency in terms of OPEX, handling and speed.

The JeTex® air texturing system is not only available as a complete system, but also as a conversion variant for existing DTY systems from Oerlikon Barmag. This enables customers to expand or convert their product portfolio to ATY at comparatively short notice and at low cost.

VarioFil® – flexible compact spinning system for countless applications

Whether carpets and upholstery fabrics, fashion and sport or seat belts and airbags – a wide range of products is no challenge for the VarioFil® system from BB Engineering. The compact turnkey system is also ideal for producers who manufacture small batch sizes or specialized products.  It is similarly flexible when processing different polymers, regardless of whether they are PET, PP, PA 6 and PA 6.6 or PBT. Customized conversion packages allow the system to be quickly adapted to constantly changing market requirements. In combination with Oerlikon texturing machines, a wide range of end products can be covered. This ranges from standard textile yarns to textured yarns with BCF-like properties.

Posted: March 6, 2025

Source: Barmag, a subsidiary of the Swiss Oerlikon Group

Award-Winning Innovation For Haptic Measurements With emtec Electronic At Intertextile Shanghai Apparel Fabrics

LEIPZIG, Germany — March 3, 2025 — Visitors to the Intertextile Shanghai Apparel Fabrics exhibition will have the opportunity to explore the emtec TSA Tactile Sensation Analyzer, a groundbreaking device that objectively measures the haptic properties of textiles and nonwovens. This innovative solution provides precise data on softness, smoothness, flexibility, and other hand-feel characteristics, offering textile manufacturers and brands valuable insights for quality control and product optimization. In combination with the cloud-based Virtual Haptic Library, a digital platform that allows users to store, compare, and analyze haptic data of textiles remotely, can revolutionize textile business assessment and enhance production efficiency.

Recognized for its technological excellence, the emtec TSA recently received the prestigious Techtextil North America Innovation Award 2024 in the New Product category. This award highlights the device’s innovative impact on the industry, enabling manufacturers to achieve consistent product quality and optimize material selection.

The local representatives will be showcasing the TSA Tactile Sensation Analyzer with the Virtual Haptic Library at hall no. 1.2 and booth no. J144, where the General Manager of emtec Electronic will also be present to discuss the advantages of the device and its impact on the textile industry. “The TSA allows for a scientific and repeatable evaluation of a fabric’s tactile properties, eliminating the subjectivity of human perception,” explains Gruener. “This enables textile producers to achieve consistent product quality, optimize material selection, and enhance customer satisfaction.”

All industry professionals at Intertextile Shanghai Apparel Fabrics are invited to visit booth no. 1.2-J144 and experience firsthand how the emtec TSA in combination with the Virtual Haptic Library further improves quality assessment and production efficiency.

Posted: March 5, 2025

Source: emtec Electronic GmbH

MAS Holdings Breaks Ground In Bhuinpur, Exploring New Market Opportunities In India

COLOMBO, Sri Lanka — March 5, 2025 — MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in the state of Odisha, India. This strategic initiative builds on MAS’ long-standing presence in India while strengthening its regional production capabilities and giving it a strong foothold to access the fast-growing Indian retail market.

The ceremony was attended by Suren Fernando (GCEO of MAS Holdings), Malik Ahamadeen (CEO, MAS India), Shakthi Ranatunga (COO, MAS Holdings), Murad Rajudin (CEO MAS Fabric Park) while the Odisha Government was represented by Shri Subhendra Kumar Nayak, OAS, Special Secretary.

MAS Holdings plans to begin apparel production at this facility in 2026. The plant will focus on creating value-added apparel products tailored for both the Indian and international markets. This move not only leverages the potential of India’s manufacturing landscape but also builds on MAS’ proven operational excellence long established in Sri Lanka. Once established, these operations are set to benefit the wider MAS group, whose majority workforce is within Sri Lanka, by offering the company access to new markets and stronger regional partnerships driving growth and new business opportunities.

Speaking about the investment, CEO of MAS India, Malik Ahamadeen, said: “MAS is excited to take this important step in creating a strong apparel ecosystem in the region. This is enabled by our extensive experience in managing holistic apparel industrial zones in Sri Lanka, bringing together key partners along the apparel supply chain.”

Speaking at the ceremony Group CEO of MAS Holdings, Suren Fernando, stated:  “This investment marks a significant milestone in MAS’ journey, and we are excited to leverage the vast business opportunities the venture presents. India has long been an integral part of our operations, and with 25 years of experience operating in India, we recognize the immense potential of the country’s manufacturing landscape, both for the global supply chain and the rapidly growing domestic retail sector.”

Over the next 10 years, MAS Holdings plans to develop the 60-acre site working together with its partners to build a fully-fledged apparel hub in Odisha.

Posted: March 5, 2025

Source: MAS Holdings

Indorama Ventures Prepares For A New Era Of Growth As It Optimizes Its Business Under IVL 2.0

BANGKOK, Thailand — March 5, 2025 — Indorama Ventures Public Co. Ltd. (IVL), a global sustainable chemical producer, is preparing for a new era of growth under its IVL 2.0 strategy as it outlined a new approach to partnering with major industry peers, positioning the company to capitalize on significant expansion and consolidation opportunities unlocked by fundamental shifts in global chemical markets.

At the company’s annual Capital Markets Day in Bangkok today, loke Lohia, Group CEO of Indorama Ventures, outlined the significant potential for Indorama Ventures — now revitalizing itself under its 3-year IVL 2.0 optimization plan — to resume its growth journey as it pivots towards a future that is being re-shaped by macroeconomic forces such as China’s push for self-sufficiency in manufacturing, the uneven impact of Peak Oil across East and West, and India’s rapid economic expansion. A few days ago, on 26 February, the company posted improved full-year 2024 EBITDA as its focused management executed their plan to transform the business through decisive ‘self-help’ actions amid one of the most severe industry downturns in recent years.

Lohia told an audience of analysts and investors: “Today, Indorama Ventures is a fitter company than we were when we announced our IVL 2.0 strategy a year ago, and we are now able to compete with the best. Our plan is designed not only to help us re-tool and re-skill to navigate the current downturn — which is expected to persist — but also to restore our historical growth trajectory. As an innately entrepreneurial family business with global scale and deep expertise, we have always been able to take advantage of change to grow our unmatched model and generate increasing shareholder returns. I am excited by new opportunities to substantially expand our business as our industry undergoes seismic, generational shifts and consequently unlocks fresh growth potential.”

IVL 2.0 Progress

At the event, senior executives provided updates on their measures under IVL 2.0 to fortify the business against prevailing market headwinds and set a new course for enhanced, sustainable earnings growth. In a year of alignment, mobilization and launch, all segments recorded improved performances in 2024 as they took concerted management steps to refine their organizations, optimize assets, and transform their business processes through modern data-led toolsets and digital enterprise systems.

Still, in light of continued industry pressures, the company fell short on its deleveraging and cash conversion targets in 2024 and has determined that further management actions are necessary to sustain progress toward the company’s objectives, building on the significant measures already taken.

Strategic Growth Plan

Indorama Ventures, as a mature company with more than three decades of successful growth, is fundamentally changing its approach to generating increasing returns as it prepares a next generation of leaders to operate in a vastly different environment. In a departure from the company’s previous M&A-led model, Lohia outlined several expansion projects currently in the pipeline, all involving complementary strategic partnerships with major industry peers. This new growth approach aims to leverage Indorama Ventures’ unmatched organization, platform, processes, and systems — revitalized under IVL 2.0 and the company’s “indispensable chemistry” brand — to consolidate dominant positions and grow scale in attractive growth markets, including India.

In February, the company bought a minority stake of ~24.9 percent of EPL Limited, an Indian specialty packaging company and the largest global manufacturer of laminated tubes. The transformation that Indorama Ventures is undertaking under IVL 2.0 provides a critical springboard enabling the new partnerships-led growth model, Lohia explained.

In addition, Indorama Ventures is planning spin-offs of its Indovinya downstream chemicals segment and its Indovida packaging unit — as flagged a year ago — to enable them to achieve their potential as independent high-growth businesses.

Today, Indorama Ventures has an unmatched global footprint, with entrenched leadership in sustainable and growing markets, following a remarkable era of expansion during which it made some fifty acquisitions over 20 years to build its unique integrated model. In addition to the partnerships-led growth plan, Lohia expressed confidence in the organic growth potential of the company’s existing business, which is tied to macro-consumer trends as populations modernize and demand more sustainable daily essential products that improve their lives and the environment.

“We have already switched from our previous M&A-led mindset to new settings under IVL 2.0 that suit the changed business landscape, and which also suit our company in a new phase in its lifecycle,” Lohia added. “Now, our growth will come from building close-knit, complementary partnerships with major peer companies, leveraging the ‘network effect’ to take advantage of our mutual scale to secure dominant positions in attractive markets. We will pursue our growth strategy while continuing our lasting focus on financial discipline, including working towards a deleveraged balance sheet.”

 

Posted: March 5, 2025

Source: Indorama Ventures Public Co. Ltd. (IVL)

Suominen Has Published Sustainability Agenda For 2025–2030

HELSINKI — March 5, 2025 — Suominen has published Sustainability Agenda for the period 2025–2030. The agenda crystallizes Suominen’s sustainability themes and targets.

Suominen’s Sustainability Agenda is built around four key themes that reflect the most important topics for the company and its stakeholders: People and safety, Sustainable nonwovens, Low impact manufacturing and Corporate citizenship. These themes are based on Suominen’s double materiality assessment, completed in 2024, which reaffirmed their relevance from the previous Sustainability Agenda period (2020–2025).

Themes and KPI’s
The four themes create basis for actions and targets. Through the sustainability themes Suominen evaluated its performance and reports on its achievements on an annual basis.

People and safety

  • Zero lost time accidents (LTA)
  • Diversity, equity & inclusion (DEI) index 80 percent

Sustainable nonwovens

  • More than two thirds of consumed raw materials are from plant-based resources
  • More than half of our new R&D initiatives focus on advancing the development of sustainable products

Low impact manufacturing

  • Reducing scope 1, 2 and 3 greenhouse gas emissions with limiting global warming to 1.5°C in line with the Paris Agreement
  • Zero manufacturing waste to landfill

Corporate citizenship

  • All qualified raw material suppliers assessed against Suominen’s sustainability criteria
  • All employees have completed Suominen’s sustainability training program

“These KPI’s reflect our commitment to sustainability and help us measure our impact as well as drive meaningful change. By setting clear targets, we ensure continuous progress toward a safer workplace, a more sustainable product portfolio and responsible operations,” says Noora Lindberg, Director, Sustainability & Marketing.

“Sustainability is embedded in everything we do — it is a key driver of success for both us and our customers. Suominen is committed to being the front runner in sustainable nonwovens and our innovation work is strongly focused on developing more sustainable nonwoven solutions that meet our customers’ needs,” says Tommi Björnman, President & CEO of Suominen. 

Posted: March 5, 2025

Source: Suominen Corp.

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