#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.

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.

“Lead Transformation – Generate Impact”: Lenzing presents its 2025 Annual and Sustainability Report

The Lenzing Group has published its 2025 Annual and Sustainability Report, entitled LEAD TRANSFORMATION – GENERATE IMPACT. The report shows how Lenzing is actively shaping change in the industry and making a lasting impact: economically, ecologically, and socially. Lenzing is consistently focused on the future: with targeted investments in premiumization, excellence, innovation, and sustainability, the company is strengthening its position as a leading provider of sustainable, cellulose-based premium fibers. The combined report is available in digital format.

Lenzing Group positions bio‑based materials as a strategic asset for Europe’s economic security

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, hosted a high‑level roundtable in Brussels to discuss how bio‑based materials can strengthen Europe’s economic security and support the shift toward a fossil‑free future. Organized in cooperation with Euractiv, the event brought together representatives of the European Commission, the UK Mission to the EU, academia, civil society, and industry.

Teijin Carbon strengthens high‑end sports offering with advanced prepreg and resin technologies for next‑generation bicycle performance

High‑end bicycle manufacturers are entering a new era in which modern frames and components must be lighter, stiffer, tougher and more sustainable – all while enabling fast, repeatable and cost‑efficient production. To support this shift, Teijin Carbon is expanding its portfolio of advanced prepreg systems developed specifically for premium road, gravel and mountain bike applications.

YKK launches “YZiP® Light” aluminum alloy zipper for cotton pants

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) has launched YZiP® Light, a lightweight aluminum alloy zipper for cotton pants, with sales beginning in late March. The introduction of YZiP® Light expands YKK’s zipper portfolio—led by the flagship YZiP® copper alloy zipper—providing customers with greater flexibility to meet diverse garment needs.

Shima Seiki showcases WHOLEGARMENT® and 3D knitting solutions for technical textiles at Techtextil 2026

Leading textile technology solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, along with its Italian subsidiary SHIMA SEIKI ITALIA S.p.A., will be participating in the Techtextil 2026 exhibition in Frankfurt, Germany next month. On display will be WHOLEGARMENT® and other advanced three-dimensional knitting applications across a wide range of industries besides fashion apparel that are not typically associated with knitting, such as technical textiles using industrial materials and advanced three-dimensional knitting.