#Man-Made Fibers

2025-12-11

Ascend Performance Materials secures court approval for restructuring and appoints new CEO

Ascend Performance Materials has reached a major milestone in its Chapter 11 process: the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the company’s Plan of Reorganization. Ascend expects to emerge from Chapter 11 by year’s end with a significantly improved capital structure. In parallel with the restructuring progress, Ascend announced a leadership change.

Patrick Schumacher has been appointed Chief Executive Officer, succeeding Phil McDivitt. McDivitt, who has led Ascend since 2017 and oversaw the company's global expansion, will remain as a special advisor to ensure a smooth transition.

CEO Schumacher brings more than 25 years of experience in chemicals and industrials, including senior roles at Olin Corporation and Celanese. He emphasized his commitment to driving Ascend’s operational and financial resurgence, supported by the company’s resilient workforce.

McDivitt highlighted the momentum built in recent years and expressed confidence that Schumacher is the right leader as Ascend enters its next phase.

Ascend continues to operate normally as it completes final steps toward emergence and refocuses on profitable growth in high-performance materials.

FET highlights advances in fibre spinning technology at Dornbirn Global Fiber Congress

Fibre Extrusion Technology Limited (FET) presented its latest developments in fibre spinning technology at the Dornbirn Global Fiber Congress in Austria in September 2026. In a presentation entitled “Spinning a good yarn”, Dr Jonny Hunter examined recent technological developments and challenges facing the fibre industry, highlighting the company's expanding range of specialised fibre extrusion and spinning systems.

Eastman Naia™ brings versatility to Kingpins Amsterdam

Denim continues to evolve, responding to changing consumer expectations for comfort, adaptability and functionality across different styles, occasions and seasons. At Kingpins Amsterdam, taking place October 14–15, Eastman Naia™ highlights how the versatility of Naia™ Renew staple fiber can help manufacturers address different denim needs through thoughtful fiber blending, while preserving the distinctive character of denim.

Canopy shifts focus towards recycling and traceability in updated Hot Button criteria

Environmental non-profit organisation Canopy has introduced revised criteria for its annual Hot Button Report, which evaluates producers of man-made cellulosic fibres (MMCFs), including viscose, lyocell and acetate. The updated framework places greater emphasis on scaling alternative fibre sources, improving supply chain traceability and supporting forest conservation, while maintaining responsible sourcing as a central requirement.

Vietnam’s market evolution creates new sourcing opportunities at VIATT 2027

As Vietnam’s textile industry continues to upgrade and scale, new opportunities are emerging for suppliers of advanced raw materials, design-led fabrics, production technologies, and sustainability solutions. The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) will return 24 – 26 February 2027, presenting a cross-sector platform – spanning apparel, home and technical categories – for overseas companies to connect with manufacturers, brands, sourcing offices, retailers, and industry buyers from Vietnam, ASEAN, and beyond.

Textile performance for the global market: Heimtextil 2027 connects interior design, quality and global sourcing

With the new premium segment Carpets & Rugs Excellence, the Comfort & Connect area and the Heimtextil Trends 27/28, Heimtextil 2027 is sharpening its offering for a market under pressure. Today, textile products need to prove their quality, functionality and long-term value. From 12 to 15 January 2027, the leading trade fair for home and contract textiles and textile design showcases relevant innovations across the entire value chain: from fibres and yarns to designs by international studios and emerging talent, through to finished collections, functional contract textiles and complete interior solutions.

Blue Tomato accelerates agile retail apparel production with Kornit Digital

Kornit Digital (NASDAQ: KRNT), a global pioneer in on-demand digital fashion and textile production technologies, is highlighting how Blue Tomato, Europe’s largest board sports retailer, is using two Kornit Atlas MAX PLUS systems to support a more agile approach to in-house apparel production. The systems are helping Blue Tomato respond faster to changing consumer trends, produce high-quality apparel for its network of 86 retail stores across Europe and reduce inventory by printing only what the market demands.

SANITIZED and RUDOLF join forces to extend textile performance and wearability

Long-lasting performance textiles require solutions that address a wide range of consumer expectations, from lasting freshness and comfort to reliable protection against the elements. SANITIZED and RUDOLF are highlighting their latest innovations, demonstrating how specialized textile technologies can support the functional durability and wearability of modern apparel.