#Textile chemistry

2015-04-23

Novozymes Q1 in line with expectations; 2015 outlook adjusted for currencies

Novozymes, the world’s largest producer of industrial enzymes, today announced its first quarter results for 2015. Sales in the first quarter of 2015 grew by 8% organically and by 18% in DKK compared with Q1 2014. EBIT grew by 6%, and the EBIT margin was 27.4%.

Adjusting for the one-time impact from The BioAg Alliance in Q1 2014, EBIT grew by ~20%, and the EBIT margin expanded by ~1 percentage point compared with Q1 2014. The EBIT margin expansion was mainly due to currencies. Net profit grew by 2%, and free cash flow before acquisitions came in at DKK 610 million.

The 2015 outlook is adjusted for currencies only. Organic sales growth is expected at 7-9%. Currencies are expected to provide further tailwind, and sales in DKK are now expected to increase by 16-18% compared with 13-15% at previous guidance. The expectation for EBIT growth is increased by 3 percentage points to 15-17%, and the EBIT margin is adjusted to ~27%. The expectation for net profit growth is increased to 11-13%, up from 10-12%. Expectations for net investments, cash flow and ROIC are unchanged.

“First-quarter sales and earnings were good and, overall, in line with our expectations at 8% organic sales growth and an EBIT margin above 27%”, says CEO Peder Holk Nielsen. “We see good developments within the agriculture and food markets but also detect a growing uncertainty in Household Care and Bioenergy, as customers navigate volatile currency, grain and energy markets. We're positive about the year as a whole and, due to the appreciation of the US dollar, we increase our outlook.”

Pic: The results as a graphic

Fashion for Good launches DW(O)R-X to navigate the emerging landscape of PFAS-free finishes

Fashion for Good announced the launch of Project DW(O)R-X, a collaborative initiative designed to benchmark PFAS alternative durable water- and oil-repellent (DW(O)R) chemistries. Responding to growing market demand for alternatives to PFAS‑based finishes, the project aims to generate reliable, comparable data that can support informed sourcing decisions and the assessment of emerging chemistries.

Indovinya advances sustainable solutions with agreement for the supply of renewable Oxygen from Air Liquide

Indovinya, the specialty chemicals and surfactants division of Indorama Ventures, has entered into an agreement with Air Liquide — a world leader in gases, technologies, and services for industry and healthcare — for the supply of renewable oxygen. The agreement represents a strategic advancement in Indovinya’s commitment to sustainability, as it increases the share of renewable raw materials in the production of ethylene oxide, one of its key products.

DyStar releases FY2025 sustainability report, marking a new milestone towards its 2030 targets

DyStar, a leading specialty chemicals company with more than a century of expertise in product development and innovation, today announced the release of its FY2025 Sustainability Report, marking a significant milestone in its sustainability journey and reinforcing its commitment to long-term value creation.

Asia's fashion extravaganza CENTRESTAGE returns in September

Asia’s premier annual fashion event CENTRESTAGE--organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region (HKSAR) will return to the Hong Kong Convention and Exhibition Centre (HKCEC) from 2 to 5 September. One of the flagship programmes of the third "Hong Kong Fashion Fest", CENTRESTAGE will bring together some 270 brands from 24 countries and regions and will feature more than 40 spectacular events, including over 30 fashion shows.

SAITEX reports efficiency gains and greater transparency in 2025 Impact Report

Vietnam-based denim manufacturer SAITEX has published its 2025 Impact Report, documenting progress in resource efficiency, chemical management, digital traceability and knowledge sharing across its manufacturing operations in Vietnam and the United States. Rather than focusing on sustainability ambitions, the report presents operational data, manufacturing developments and lessons learned from the past year.

Aid by Trade Foundation presents annual report for 2025: Market position and impact of sustainably verified natural fibres strengthened

Despite global supply chain challenges, the Aid by Trade Foundation (AbTF) was able to further expand its international role in promoting sustainably verified natural fibres in 2025. In doing so, the foundation remains true to its fundamental approach of leveraging market forces. Last year, it generated total revenues of EUR 7.8 million; this included EUR 6.7 million collected through the successful marketing of four standards: Cotton made in Africa (CmiA), CmiA Organic, The Good Cashmere Standard (GCS), and the Regenerative Cotton Standard (RCS). AbTF invested the resulting income in projects aiming to protect biodiversity, support women, increase transparency in the textile supply chain, and implement its verification system.

Barmag presents metering pump solutions at ASE China

From September 15 to 17, 2026, Barmag’s Pumps Division will present its solutions for the precise delivery and metering of adhesives, sealants, and other high-viscosity media at ASE China at the Shanghai New International Expo Centre. The focus of the exhibition will be on high-precision gear metering pumps that help plant managers sustainably optimize material usage, process stability, and product quality. (Booth E4235).