#Yarn & Fiber

2017-08-23

AMSilk named one of the 50 most innovative companies worldwide by Technology Review

AMSilk GmbH, the world's first industrial supplier of synthetic silk biopolymers, has been chosen by the German edition of MIT Technology Review as one of the 50 most innovative companies in the world. Now in its fourth year, this exclusive list honors companies that have achieved a technological breakthrough with their industry-changing products. AMSilk was recognized for its bioengineered spider silk, a new material which opens completely new possibilities for applications throughout the medical, cosmetic and textile industries.

Together with AMSilk, among the 50 most innovative companies recognized this year are industry giants including the Chinese online-retail giant Alibaba, Amazon, Continental, Daimler, Microsoft and Tesla.

AMSilk among the three finalists in the “Technology” category

As a first time honoree, AMSilk was named among the three finalists in the “Technology” category. The company will participate in the solemn prize awarding ceremony at the StartupNight in the Berlin Representation Office of Deutsche Telekom on September 8.

“Being honored as one of the 50 most innovative companies in the world makes us very proud. This award shows that AMSilk’s synthetic silk is not only a highly innovative product, but that it has the potential to disrupt industries and provide substantial added value for our partners, “said AMSilk CEO Jens Klein.

“We are looking forward to the prize awarding ceremony in Berlin and to the exchange of ideas with other innovation makers of the international business world.“

Robert Thielicke, editor-in-chief of Technology Review, added: “Since its foundation, Technology Review has been looking for companies and people which move at the limit of the feasible. This method might be subjective to a certain extent. But what would objective criteria be? The expenditure for research? The number of patents? In this case AMSilk would not have been considered although the company has achieved what has long been regarded as impossible: to learn from nature and produce the spider silk artificially. Now it is possible to produce incredibly robust, skin friendly and at the same time environmentally friendly clothes.”

Evonik and AMSilk extend partnership for sustainable biotech silk materials

Evonik and AMSilk, a global leader in advanced biomaterials based on silk proteins, have deepened their collaboration with a long-term agreement to produce sustainable silk proteins at industrial scale. Building on their initial manufacturing agreement from 2023, the companies have commissioned a manufacturing line at Evonik’s Slovakian site for AMSilk’s high-performance silk. This innovative biomaterial is produced with minimal environmental impact and is designed for use in premium fashion and highly demanding automotive interiors.

AMSilk secures EUR 52M strategic financing to accelerate commercial growth

AMSilk GmbH (“AMSilk”), a frontrunner in advanced biomaterials made from silk-based proteins, today announced it has successfully secured EUR 52 million financing led by existing investor ATHOS (AT Newtec), along with strong participation from fellow existing investors MIG Capital and Novo Holdings. The financing combines EUR 30 million in equity, and EUR 22 million in convertible bonds. This reflects strong investor confidence and long-term commitment in AMSilk’s technology and market potential.

From advanced fibres to eco‑focused yarns: Yarn Expo Autumn 2026 set to welcome global industry to Shanghai

From 25 – 27 August, Yarn Expo Autumn 2026 will return to the National Exhibition and Convention Center (Shanghai) to reinforce its role as a key meeting point for the global yarn and fibre industry. With over 22,000 visitors, the previous edition gathered nearly 580 leading exhibitors from 16 countries and regions, showcasing advanced developments and creative applications that support innovative, sustainable textile design. The upcoming edition will not only present an extensive range of fibre and yarn products, but will also feature a comprehensive fringe programme, including industry forums and trend display areas, providing innovative upstream enterprises with a stage to introduce next‑generation materials and sustainable concepts.

Yarn Expo Spring 2026 concludes, connecting buyers with innovative selection of sustainable yarns and fibres

Yarn Expo Spring 2026 wrapped up successfully on 13 March, as a record-high of over 600 exhibitors from 12 countries and regions welcomed more than 25,000 visitors from 113 countries and regions. Held across 27,000 sqm in Hall 8.2 of the National Exhibition and Convention Center (Shanghai), the fair highlighted the textile industry’s accelerating shift toward a lower-impact, more functional future. Exhibitors presented eco-friendly organic, regenerated and recycled yarns and fibres, alongside innovative options such as sweat-resistant and high-performance materials. A comprehensive fringe programme further enriched the event, offering practical market insights and new networking opportunities.

Lenzing advances its transformation: Higher EBITDA, stronger free cash flow and more than EUR 200 million in cost savings

The business performance of the Lenzing Group in 2025 was affected particularly in the second half of the year by external factors such as international tariff measures, subdued demand and declining market prices. As a result, revenue decreased slightly by 2.3 percent to EUR 2.6 billion, primarily due to lower fiber sales volumes and lower prices for fibers and pulp, which were further negatively impacted by currency developments. Nevertheless, thanks to the comprehensive Performance Program, Lenzing was able to improve its operating performance and key financial indicators compared with the previous year.

European Flax-Linen & Hemp step into advanced manufacturing: Enabling filament winding, 3D printing and high-performance composite processes

The Alliance for European Flax-Linen & Hemp announces a new wave of technological advancements demonstrating how flax-linen and hemp fibres are now being successfully integrated into advanced composite manufacturing processes. These developments mark a transition beyond traditional hand lay-up techniques, positioning natural fibres as credible, scalable solutions for high-performance industrial applications.

SETEX turns dyeing and finishing data into daily production control

At ITM 2026, SETEX will show how textile mills can use machine, recipe, quality and energy data for more reliable daily production decisions — not as another reporting layer, but as part of the running dyeing and finishing process. With OrgaTEX X3 MES, E390x/C390x controllers, CamCOUNT and FabricInspector Portable, SETEX connects planning, machine execution and fabric-related quality insight within existing mill structures.

Fifteen years of Autoneum – From spin off to global technology leader

What started as a strategic carve‑out has since become the success story of a global technology leader in acoustic and thermal management solutions for vehicles. Headquartered in Winterthur, Switzerland, Autoneum supplies leading automobile manufacturers worldwide with innovative, lightweight and increasingly sustainable solutions.