#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.

Grasim Industries announces fresh investment of ₹3094 Crore to expand Lyocell capacity

Grasim Industries Limited, the flagship company of the Aditya Birla Group and a global leader in cellulosic fibres, today announced an investment of ₹3,094 crore, for Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. The first line is expected to be commissioned by 2028, and the second line is expected to be commissioned by 2030.

Next week’s focus: Intertextile Shenzhen & Yarn Expo Shenzhen fuse textile tradition with sustainable, digital trends

Fashion will not be left behind in one of the world’s undisputed tech and manufacturing capitals. Which is why next week, at Intertextile Shenzhen Apparel Fabrics and Yarn Expo Shenzhen 2026, the organisers have made special efforts to integrate textile topics such as materials innovation, holistic sustainability, digitalisation and AI. Yet, from 9 – 11 June at the Shenzhen Convention and Exhibition Center, the platform also includes timeless tradition and heritage-inspired evolution in equal measure. Across both shows, over 600 exhibitors from 11 countries and regions are set to showcase everything from Peruvian alpaca wool fabrics to tea-derived fibres, while their fringe programmes will explore diverse solutions along the entire value chain.

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.

The heart of the technical textiles and nonwovens world will beat in Istanbul

Only 1 day remains until HIGHTEX 2026 International Technical Textiles and Nonwovens Exhibition opens its doors. Bringing together manufacturers, technology developers, investors, and industry professionals from around the world, HIGHTEX 2026 is preparing to showcase the innovations shaping the future of the industry. As the countdown to this major event continues, Istanbul is once again getting ready to become the meeting point of the global technical textiles industry.

The future of textiles, the power of trade, and the summit of technology come together at ITM 2026

ITM 2026 International Textile Machinery Exhibition, one of the most prestigious organizations in the textile technologies sector, opens its doors to visitors between June 9-13. Expected to break records in terms of both exhibitor and visitor numbers, as well as the technological vision it presents, ITM 2026 will transform into a global trade hub with machine sales, and new business collaborations.

ATCO Hygienics, Uzbekistan, orders baby diaper production line from ANDRITZ

International technology group ANDRITZ has received an order from ATCO Hygienics to supply a new baby diaper production line for its plant in Tashkent, Uzbekistan. The order is included in ANDRITZ’s order intake for the first quarter of 2026. Commissioning of the production line is scheduled for the end of 2026.