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#Man-Made Fibers

Kelheim Fibres GmbH: Strategic Realignment and Acquisition by LEO III Fund

Kelheim Fibres GmbH has signed a notarial purchase agreement with Munich-based financial investor LEO III Fonds, exclusively advised by DUBAG Group, as part of its ongoing self-administered insolvency proceedings. The signing took place on November 5, 2025, with the completion of the transaction scheduled for January 1, 2026.

This planned transaction marks a significant step toward the sustainable securing and further development of the Kelheim site. The new owner intends to invest specifically in production infrastructure, efficiency improvements, and innovation to strengthen the long-term competitiveness of the Kelheim location. The company’s strategy will continue to prioritize high product quality, while also focusing on reliability of supply, which has been consistently strengthened following the challenges of recent years.

As part of the successful strategic realignment implemented since the beginning of the year, Kelheim Fibres will increasingly focus on its trilobal hygiene fiber Galaxy®, renowned for its outstanding functional properties and sustainable material base. The product portfolio is further complemented by high-performance viscose fibers used in demanding applications, including hygiene products. All Kelheim Fibres products are biodegradable and strictly certified.

The completion of the transaction is subject to standard suspensive conditions, including the securing of robust, long-term supply agreements with key business partners. Kelheim Fibres and DUBAG Group are in close dialogue with all relevant stakeholders, particularly customers, to create the conditions for a successful transition to the new owner and actively shape the company’s future.

DUBAG Group brings extensive experience in successfully managing complex corporate transitions. A recent example is the acquisition of TRUMPF’s 3D printing business division by LEO III Fonds, where trust was restored among uncertain customers in a challenging environment, and a future-oriented realignment of the business was established. With this expertise and a clear focus on sustainable value creation, DUBAG Group is a reliable partner for the next phase of Kelheim Fibres’ development.



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#Man-Made Fibers

Kelheim Fibres GmbH informs about the closure of operations

The management of Kelheim Fibres GmbH informs that business operations will be terminated as of 31 March 2026. A continuation of the company beyond this date is not possible. The investor and sales process conducted within the framework of the self-administration did not lead to a positive outcome. The potential strategic investor who most recently entered the process has withdrawn from a potential investment at short notice.

#Man-Made Fibers

Investor withdrawal forces Kelheim Fibres to assess future operations

Kelheim Fibres GmbH has confirmed that the planned transaction within its ongoing self-administered insolvency proceedings has failed. The intended sale to the Munich-based LEO III Fund, advised by the DUBAG Group, could not be completed despite extensive efforts.

#Man-Made Fibers

Kelheim Fibres on track for the future

Kelheim Fibres GmbH, a global leader in specialty viscose fibre solutions, has successfully completed an internal restructuring and sharpened its focus on core product segments following its October 2024 insolvency filing. This has enabled the company to return to a sustainable business model, with a firm commitment to continue on this path.

#Yarn & Fiber

Kelheim Fibres GmbH: Insolvency proceedings opened in self-administration – focus on sustainable restructuring and securing the future

By order of the Local Court of Regensburg dated January 1, 2025, insolvency proceedings were opened against the assets of Kelheim Fibres GmbH and self-administration was ordered. The management remains fully capable of acting within the framework of the proceedings ordered by the court and is supported by the law firms Advant Beiten and Brinkmann & Partner. Attorney Michael Verken was appointed as trustee.

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#Recycled Fibers

UNIFI celebrates recycled and circular Innovation with ninth annual REPREVE® Champions of Sustainability Awards

Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced the winners of its ninth annual REPREVE Champions of Sustainability Awards, recognizing brands and mills that are advancing circularity and responsible manufacturing across the global textile industry.

#Man-Made Fibers

Teijin Frontier announces new Stretch Polyester yarn offering exceptional compatibility with high-performance Polyester materials

Teijin Frontier Co., Ltd. announced today that it has developed a new stretch polyester yarn that offers new opportunities to create comfortable, all- polyester fabrics for sports and outdoor wear. The new polyester yarn demonstrates exceptional compatibility with high-performance polyester materials. Further, Teijin Frontier’s proprietary polymer design and spinning technology impart excellent elasticity to the new yarn. In turn, this yarn adds stretchability and recovery to the advanced functionality and excellent texture of high-performance polyester materials.

#Man-Made Fibers

Lenzing commissions 14 MW power‑to‑heat facility, strengthening grid stability and heat management

The Lenzing Group has successfully commissioned a new power‑to‑heat (P2H) facility with an electrical capacity of 14 megawatts. The installation converts renewable electricity directly into process heat, is fully integrated into the existing heat network at the industrial site, and represents a key building block for a fossil‑free heat supply. As project partner, VERBUND was responsible for the energy‑market integration and will operate the facility for balancing energy marketing, enabling it to respond flexibly to short‑term fluctuations in the power grid.

#Raw Materials

Kraig Biocraft reaches next step in production growth

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced that it has produced more than 1.3 metric tons of recombinant spider silk cocoons in a single month. This is a new world record and shatters the Company’s previous production record by a factor of five. Today marks a pivotal step forward in the transition of spider silk from laboratory innovation to an industrial-scale material platform.

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#Techtextil 2026

SAHM Winding Solutions and Vandewiele Automation present integrated automation solution for winding processes

For the first time at the Techtextil trade fair in Frankfurt am Main, Germany (21 - 26 April), SAHM Winding Solutions (Hallo 12.0. / Booth 95) and Vandewiele Automation will be showcasing their combined automation expertise for industrial winding processes. Under the motto “Combining Automation. Maximizing Flow”, the two companies will demonstrate how automated package handling and robot-assisted yarn knotting can be integrated into a continuous production flow.

#Techtextil 2026

ASGLAWO group with new products at Techtextil 2026 in Frankfurt

The ASGLAWO group, with its two companies ASGLAWO technnofibre GmbH and Form- und Technik engineering GmbH, is pleased to present its latest developments in the field of technical textiles and nonwovens at the leading international trade fair Techtextil 2026. The fair, taking place from April 21 to 24, 2026, is the international meeting place for innovations in the textile industry.

#Research & Development

Hohenstein publishes 2025 Sustainability Report

The testing and research service provider Hohenstein has published its latest sustainability report, outlining key progress and strategic initiatives. The report focuses on ambitious CO₂ reduction targets, the company’s new mission statement and the systematic expansion of sustainable services for customers worldwide.

#Recycling / Circular Economy

Solving the Feedstock Gap: Unlocking Post-consumer Feedstocks for Textile-to-Textile Recycling in Europe

Fashion for Good launches Project FAE (Feedstock Activation Europe) to develop the sorting and pre-processing infrastructure needed to channel non-rewearable post-consumer textiles into textile-to-textile (T2T) recycling at scale. The project is a practical response to one of the most pressing problems in textile circularity: making post-consumer waste a viable, commercially competitive raw material for recyclers.

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