#Textile processing

2024-10-24

HeiQ announces return to private company structure

HeiQ, a leading innovator in materials technology, announced its decision to return to private company structure from the London Stock Exchange as part of a strategic move to focus resources, streamline operations, and accelerate growth, effective November 19, 2024 (LSE:HEIQ). HeiQ shares will continue trading on the JP Jenkins securities or a similar matching platform from November 20, 2024.

A new chapter for growth and value creation by innovation

Returning to a private company structure marks a key milestone in HeiQ’s evolution. Since its listing on the London Stock Exchange in December 2020, the company has expanded into four new technology platforms, including precision fermentation, cellulosic fiber extrusion, particle synthesis, and chemical vapour deposition. Today, besides operating as an innovative leader for the textile industry, HeiQ functions as a venture incubator, advancing several high-potential technologies at various stages of technology readiness.

Rationale for returning to private ownership

The unanimous decision by HeiQ’s board to return to being a privately held company from the London Stock Exchange aligns with the company’s focus on innovation, long-term growth and value creation. As HeiQ continues to develop advanced technologies, private financing offers more flexibility to invest into the value creation of its high-potential ventures like HeiQ Synbio, HeiQ AeoniQ™, HeiQ GrapheneX, and HeiQ Xpectra.

“Our four years as a public company have seen us acquire four companies and change from a yield focused specialty chemicals player with a narrow textile focus to a multi technology platform innovation incubator with diversified market channels and long-term value creation opportunities. Returning to private company status will enable us to better focus on scaling and financing innovation and technology,” said Carlo Centonze, Co-Founder and Group CEO of HeiQ. “With game-changing ventures like HeiQ Synbio, HeiQ AeoniQ™, HeiQ GrapheneX, and HeiQ Xpectra, we are well-positioned to seize emerging opportunities and achieve our value creation and sustainability goals.”

Commitment to core businesses

HeiQ remains dedicated to its commercialized core business of value-adding textile technologies and synbiotics for cleaning and personal care. With a solid foundation in these areas, HeiQ will continue to deliver advanced innovations that enhance sustainability, durability, and functionality of our everyday products. HeiQ’s global partnerships in textile finishing remain a vital part of its strategy, as the company leads the way in solutions that benefit industries and consumers worldwide. Alongside textile innovations, HeiQ’s unique synbiotic technology platform provides advanced solutions in cleaning and personal care, supporting microbial balance on surfaces and on skin.

Support for shareholders and stakeholders

HeiQ remains committed to transparency and engagement with its shareholders. HeiQ’s shares will be available for trading on the JP Jenkins securities or similar matching platform starting on November 20, 2024.

HEIQ expands in ASIA with BIG SUNSHINE as key partner

HeiQ, a global leader in materials and textile innovation, is strengthening its presence in Asia by onboarding BIG SUNSHINE CO., LTD. as a key full-service partner in the region. This collaboration aims to further improve HeiQ’s overall service capabilities in Taiwan and across the wider Asian region, furthering its vision of global expansion and footprint in Asia.

HeiQ and GQ Apparel bring biobased cooling to denim in Thailand

HeiQ, a global leader in textile and materials innovation, proudly announces a strategic cooperation with GQ Apparel, a premier Thailand-based tech apparel brand. GQ Apparel enhances it denim offering with HeiQ’s advanced cooling solution, marking a significant milestone in the Southeast Asian market.

HeiQ expands application of HeiQ Allergen tech to upholstery fabric through collaboration with CULP

HeiQ partners with Culp to apply HeiQ Allergen Tech, a 100% biobased* solution that reduces allergens on textiles, onto interior upholstery fabric. HeiQ announces the extended application of HeiQ Allergen Tech to bring the benefits of this biobased textile technology to the interior upholstered furniture market, marking a unique launch into this segment.

Durak Maxibalance thread supports users’ movement and balance comfort

Durak Tekstil, a leading brand in its industry, has developed Durak Maxibalance, a new product engineered with bio-ceramic and FAR IR technology. Ushering in a new era for sportswear, activewear, and medical textiles, this technology offers features designed to support balance and movement comfort by reflecting the energy absorbed from the body back into it.

Jeanologia Sustainability Report highlights environmental impact of textile technologies

Jeanologia has published its Sustainability Report 2025, reporting a 13.64% reduction in its own carbon footprint and quantifying the environmental impact associated with the use of its technologies across the global textile industry. According to the company’s calculations, their use avoided the pollution of 21.52 million m³ of water and emissions of approximately 103,530 tonnes of CO₂ compared with conventional textile finishing processes.

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.

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.