#Nonwovens / Technical Textiles

2014-02-26

SGL Carbon SE will not propose a dividend payment for fiscal year 2013

SGL Group is one of the world’s leading manufacturers of carbon-based products and materials (c) 2014 SGL Group

SGL Carbon SE has completed an extremely difficult fiscal year 2013. In June 2013 the full year EBITDA guidance was reduced to 50 - 60% below the prior-year level of €240 million. According to preliminary results, the Company has achieved this full year guidance at the lower end of the range due to a further weak development in the fourth quarter 2013.

In addition to the weak operational result, the earnings situation was significantly burdened by impairment charges in the Business Area Carbon Fibers & Composites (CFC) and in the deferred tax assets, which were already recorded in the second quarter 2013. As anticipated, the measures defined in the cost savings program SGL2015, which have already been partially implemented, have led to restructuring expenses in the second half year of 2013.

As announced, these expenses amount to a high double-digit million euro figure. Altogether, SGL Group expects a Group net loss of almost €400 million.

The negative trends observed in the final quarter 2013 have continued into the first weeks of the new fiscal year 2014, particularly in the main business with graphite electrodes. If this development does not improve significantly in the course of the year, it will be difficult to achieve the operating earnings level of 2013, as the expected improvements in most other Business Units will not suffice to compensate for the decline in the graphite electrode business.

In light of the high net loss in the fiscal year 2013 as well as the weak start into the new year, the Board of Management of SGL Carbon SE will not propose a dividend payment for the fiscal year 2013. The Company feels committed to its shareholders to resume payment of a continuous, earnings related dividend with the sustainable recovery of profitability.

SGL Carbon decides to restructure its Carbon Fibers business unit

The Board of Management of SGL Carbon SE today decided, with the approval of the Supervisory Board, to restructure the loss-making Carbon Fibers business unit. SGL Carbon will significantly reduce the business activities of Carbon Fibers and focus on a profitable core. Individual solutions are being developed for all Carbon Fibers sites, including the closure of unprofitable sites.

SGL Carbon evaluates strategic options for the carbon fibers and appoints Dr. Denis Hinz as new head of the business unit

SGL Carbon SE is currently evaluating various strategic options for the Business Unit Carbon Fibers (CF). These include a possible partial or complete divestment of the Business Unit. In a first step, potential interested parties shall be approached promptly with the general data of the Business Unit to determine their interest in an acquisition. If there is sufficient interest, a structured transaction process will be carried out in a second step.

ANDRITZ sets focus on textile recycling and durable nonwoven production technologies at ITMA Asia 2025

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at ITMA ASIA + CITME 2025 in Singapore, from October 28 to 31, 2025 (Hall 2, D106). ANDRITZ will showcase its MMCF production plants, textile sorting and recycling, bast fiber processing, needlepunch, airlay, and life-cycle service technologies, with a focus on sustainable solutions. Discover how these innovations can grow your business opportunities and support a greener future.

OUTLOOK™ 2025: Charting a sustainable and innovative future for the Nonwovens Industry

EDANA concluded its flagship event, OUTLOOK™ 2025, last week, marking it as a major success and addressing the biggest questions facing the industry. The three-day conference highlighted the urgent need for a unified approach to sustainability, regulation, and innovation in the absorbent hygiene and wipes sectors.

Global Nonwovens Alliance unveils Inaugural Board, advancing collaboration and growth worldwide

The Global Nonwovens Alliance (GNA), a tax-exempt federation jointly founded by INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens, announces the appointment of its founding Board of Directors. This group of leaders represents some of the most influential executives across the nonwovens value chain and reflects GNA’s mission to foster global collaboration, innovation, and growth in the industry.

RE&UP partners with Madewell and ISKO on textile-to-textile denim capsule

RE&UP Recycling Technologies is accelerating the shift toward a closed-loop textile economy through a collaboration with American denim brand Madewell and global fabric manufacturer ISKO. By transforming approximately 20,000 pairs of post-consumer jeans into recycled feedstock for a textile-to-textile denim capsule, RE&UP demonstrates the commercial viability of circular systems in the denim sector.

Sedo Treepoint will exhibit smart technologies for technical textile production

As technical textile production becomes increasingly complex and sustainability requirements intensify, digital integration is evolving from an efficiency tool into a strategic task. At Techtextil 2026 (April 21–24, Frankfurt am Main), Sedo Treepoint will present smart digital systems designed to address the demanding production environments of technical textile manufacturing. The company’s focus will be on practical technologies that enhance process transparency, reproducibility, and efficient resource use. Visitors will meet Sedo Treepoint in Hall 12, Booth D05.

ITM presents cutting-edge textile research at Techtextil

From April 21 to 24, 2026, the Chair of Textile Machinery and High Performance Material Technology (ITM) at TUD Dresden University of Technology will be presenting its current research at Techtextil, the leading international trade fair for technical textiles and nonwovens. In Hall 12.0, Stand D41, the team will be demonstrating how it combines high-performance fibers, AI-supported digital development tools and innovative machine technologies to develop textile solutions for lightweight construction, construction, medical technology and sustainable production from atom to product.

CHT Group to showcase intelligent specialty chemical solutions at Techtextil 2026

At this year's Techtextil 2026 in Frankfurt am Main, the CHT Group will be presenting its comprehensive portfolio of tailor-made specialty chemicals and process solutions for technical textiles. As a reliable partner to the global textile industry, the company offers innovative products and in-depth technical expertise across all areas of the textile value chain – from pretreatment, dyeing, and printing to finishing, coating, and fiber auxiliaries.