#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

Archroma and Prosperity Textile to collaborate on denim innovation

Archroma, a global leader in specialty chemicals, and Prosperity Textile, an international fabric manufacturer with production bases in China and Vietnam, have announced a partnership to drive denim innovation. They will collaborate to develop, evaluate and implement new approaches to improve denim aesthetics, durability and performance, with a shared commitment to sustainability.

SANITIZED and RUDOLF join forces to extend textile performance and wearability

Long-lasting performance textiles require solutions that address a wide range of consumer expectations, from lasting freshness and comfort to reliable protection against the elements. SANITIZED and RUDOLF are highlighting their latest innovations, demonstrating how specialized textile technologies can support the functional durability and wearability of modern apparel.

Nicca names Archroma exclusive ZELAN™ distributor, extending a decade-long legacy

Archroma and Nicca Chemical are collaborating to support the continued growth of ZELAN™ non-fluorinated durable water repellents (DWRs) across the global textile industry. The announcement follows Nicca’s acquisition of the ZELAN™ business from The Chemours Company in March 2026 and extends Archroma’s decade-long legacy with the ZELAN™ brand.

BW Converting, Archroma and Monforts to highlight precision spray finishing at IGATEX Pakistan 2026

BW Converting, Archroma and Monforts will participate in IGATEX Pakistan 2026, held Oct. 15–18 at the Expo Centre Lahore, at Al-Ameen Trading Corporation’s stand F-2-09 in Hall 2. Together, the companies will highlight precision spray-finishing technology, textile chemistry expertise and application-development support to help Pakistan’s textile manufacturers evaluate opportunities to improve finishing performance and production efficiency.