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#Man-Made Fibers

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.



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#Recycling / Circular Economy

Circular Polymers by Ascend and ReDefyne experts highlight expanded application options for post-consumer recycled nylons, PET and PP

Engine covers, automotive fabrics and decking materials are among the newest applications that now can be made with recycled materials by Circular Polymers™ by Ascend, as showcased at the annual Plastics Recycling conference this week.

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#Man-Made Fibers

IMG Group, parent of Evertis and Selenis, launches Everbio Innovation Hub backed by €15 million in financing from C2 Capital Partners

IMG Group launched the Everbio Innovation Hub, backed by €15 million in financing from C2 Capital Partners. Located at the Group’s industrial site in Portalegre, Portugal, the Everbio Innovation Hub brings together the capabilities of Evertis (PET-based packaging films), Selenis (specialty copolyester resins), Renascis (advanced multilayer recycling) and Renewis (renewable energy) to develop, test and mature the next generation of recycled and bio-based polymer materials and technologies.

#Spinning

Object Carpet tests production of rPET BCF yarn on Neumag BCF line

In a joint project with Object Carpet GmbH, Denkendorf; the Institute for Textile Technology (ITA), Augsburg; and Next Generation Recyclingmaschinen GmbH (NGR), Feldkirchen, Austria, Barmag investigated the processing of recycled polyester for BCF yarn. The goal was to evaluate the fundamental suitability of 100% recycled carpet material for reuse in carpet yarn production to create a closed-loop system in carpet manufacturing. To date, commercial rPET BCF processes have been based solely on rPET from bottle pellets.

#Man-Made Fibers

Bemberg™ makes its debut with a dedicated space at Milano Unica

For the first time, Bemberg™ will exhibit with its own dedicated space at Milano Unica, the leading international trade show for premium textiles and accessories, taking place from 7th to 9th July at Rho Fiera Milano.

#Carpets

DOMOTEX Hannover 2028 off to a strong start with expanded portfolio

Preparations for DOMOTEX 2028 are already gaining strong momentum. Following its successful repositioning as the Home of Flooring & Interior Finishing, around 100 international manufacturers have already secured their place during the initial registration phase.

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#Nonwoven machines

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

#Recycling / Circular Economy

ReHubs elects new Board of Directors to lead the next phase of ReHubs’ strategy to recycle 2.7 million tonnes of textile waste annually by 2035

ReHubs has elected its new Board of Directors, marking an important milestone as the industry alliance continues to accelerate the industrial scale-up of textile-to-textile recycling across Europe. The election took place during the ReHubs Annual Event in Brussels on June 23rd, held alongside the Textile Recycling Expo and Future Fabrics Expo. The newly elected Board combines expertise from across the textile value chain, reflecting ReHubs' collaborative approach to solving the industry’s textile waste crises.

#Dyeing, Drying, Finishing

Ferraro S.p.A. acquires the “Finishing” business unit of Cibitex S.r.l.

Ferraro S.p.A. and Cibitex S.r.l. are pleased to announce the completion of the agreement pursuant to which Ferraro S.p.A. has acquired the “Finishing” business unit of Cibitex S.r.l., specialized in the development and manufacturing of technological solutions for textile finishing.

#Recycling / Circular Economy

Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

Reju, the company specializing in textile regeneration, today announced the opening of a Research and Development (R&D) Center in Conshohocken, Pennsylvania, the company's first proprietary research center in North America. Located within Technip Energies' existing Advanced Materials and Catalysts research center, the lab will allow Reju to accelerate the rollout of its recycling technologies and develop its next-generation circular solutions.

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