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Yarn & Fiber
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.
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Asahi Kasei to unveil PFAS-free polyamide and CFRP recycling technology at K 2025
Diversified global manufacturer Asahi Kasei will unveil its newest innovation in PFAS-free polyamide (PA) and recycling technology of continuous carbon fibers at K 2025 in Hall 8a, Booth E23. The company will also showcase its diverse material solutions for automotive applications, improved connectivity, and lightweighting. K 2025, considered the world's No. 1 trade fair for plastics and rubber, will take place during October 8–15, 2025, in Düsseldorf, Germany.
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Lenzing AG strengthens leadership team with Milena Ioveva as VP Corporate Communications, Sustainability, Investor Relations and Public Affairs
Lenzing AG, a global leader of regenerated cellulose fibers, is pleased to announce the appointment of Milena Ioveva as Vice President Corporate Communications, Sustainability, Investor Relations and Public Affairs. She will be based in Austria and report directly to CEO Rohit Aggarwal.
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