Yarn & Fiber
Lenzing strengthens Managing Board with Georg Kasperkovitz as Chief Operations Officer
The Supervisory Board of Lenzing AG has appointed Georg Kasperkovitz as a member of the Managing Board and Chief Operations Officer (COO) of Lenzing AG with effect from June 1, 2025. Georg Kasperkovitz (58) brings more than 15 years of experience in various management functions in Europe, North America and Asia – Lenzing’s most important production regions and markets.
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UNIFI® announces the sale of manufacturing facility
UNIFI, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, announced the closing of the sale of its manufacturing facility in Madison, North Carolina to a third-party buyer.
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Lenzing AG successfully signs syndicated loan of EUR 545 million
The Lenzing Group, a leading global supplier of regenerated cellulose fibers for the textile and nonwovens industries, has agreed financing through a syndicated loan totalling EUR 545 mn. The loan consists of a term loan and a revolving facility, enhancing the company’s liquidity reserves in preparation for upcoming refinancing requirements. Commerzbank AG, Erste Group Bank AG, and Raiffeisen Bank International AG led the consortium as coordinators, mandated lead arrangers, and bookrunners, alongside BNP PARIBAS and UniCredit Bank Austria AG as mandated lead arrangers and bookrunners.
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Yarn & Fiber
New high-performance polyester fabric with a natural fiber-like texture and appearance
Teijin Frontier Co., Ltd., announced that it has developed a new high-performance polyester fabric, which combines the elegant appearance and texture of natural fibers made of yarns of random thickness with advanced functionalities such as cool touch, anti-stickiness, quick dry, opacity and ultraviolet (UV) protection.
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Lenzing AG successfully signs syndicated loan of EUR 545 million
Lenzing agrees syndicated loan of EUR 545 mn // Financing reflects strong confidence from the banking market // Strengthens liquidity reserves
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Paris, May 19 2025 : The Alliance for European Flax-Linen & Hemp is proud to spotlight a growing wave of innovative architectural and civil engineering applications featuring flax and hemp fibres. As the global construction industry turns toward sustainable solutions, flax and hemp are emerging as high-performance, low-impact alternatives for a new generation of bio-based architecture.
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ADVA®TEX 100% textile-to textile recycling 100% sustainable comfort
ADVA®tex is a comfort filling fibre made entirely from recycled textile scraps from the textile industry. The fibres help minimize CO2 emissions during the production of mattresses, cushions, and printed duvets. This significantly reduces dependency on new raw materials and plastics - without compromising on quality or comfort.
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Durak Poly-Strong PC-IR perfects camouflage invisibility
Durak Poly-Strong PC-IR, developed to eliminate the weakness in the stitching areas of camouflage materials that provide invisibility against infrared rays (IR), offers superior performance and durability. This special technical thread opens the door to new opportunities in several different areas as well as military applications.
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XLANCE® introduces a new generation of high-performance stretch denim at PV Denim Milan
XLANCE®, a leading innovator in stretch fiber technology, will present its latest advancements in denim fabrics at PV Denim Milan, held at Superstudio Più. This event marks the official launch of XLANCE®’s new generation of stretch solutions, specifically designed to meet the evolving demands of the denim industry.
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Lenzing achieves significant revenue and earnings growth within a deteriorating market environment
The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, reports a continued improvement in its business performance in the first quarter of 2025, although the recovery of global textile markets remained very slow and uneven during the reporting period. While the positive trend in volumes sold continued, prices remained constant at a low level. Raw material, energy and logistics costs continued to be high.
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Yarn & Fiber
UNIFI® launches FORTISYN™, an inherently durable yarn for military and tactical gear
UNIFI, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today launched Fortisyn™, an abrasion-resistant yarn engineered for ultimate durability in tactical applications. This innovative yarn provides fabrics with enhanced tear and tensile strength, offering a robust solution for military and first responder uniforms and tactical gear. Fortisyn is available made-in-USA for Berry Amendment compliant applications.
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B.I.G. Yarns strengthens European market position with major investment in state-of-the-art yarn production
B.I.G. Yarns, a leading designer and manufacturer of polyamide (PA), polypropylene (PP), and polyester (PET) carpet yarns for commercial, automotive, residential, and technical applications, is proud to announce a significant investment of €25 million in its French yarn production site. This investment reinforces its commitment to innovation, sustainability, and European manufacturing. It includes the installation of cutting-edge BCF lines, enhancing B.I.G. Yarns’ leadership in one-step 3-ply yarns and further solidifying its position as a key player in the global market.
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Textile Stories: Wool
On the occasion of European Wool Day, Savio proudly presented the volume Textile Stories: Wool, Wednesday 9 April 2025, in the evocative setting of Cascina Era in Sandigliano (Biella).
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