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#Man-Made Fibers

Ascend Performance Materials secures court approval for restructuring and appoints new CEO

Ascend Performance Materials has reached a major milestone in its Chapter 11 process: the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the company’s Plan of Reorganization. Ascend expects to emerge from Chapter 11 by year’s end with a significantly improved capital structure. In parallel with the restructuring progress, Ascend announced a leadership change.

Patrick Schumacher has been appointed Chief Executive Officer, succeeding Phil McDivitt. McDivitt, who has led Ascend since 2017 and oversaw the company's global expansion, will remain as a special advisor to ensure a smooth transition.

CEO Schumacher brings more than 25 years of experience in chemicals and industrials, including senior roles at Olin Corporation and Celanese. He emphasized his commitment to driving Ascend’s operational and financial resurgence, supported by the company’s resilient workforce.

McDivitt highlighted the momentum built in recent years and expressed confidence that Schumacher is the right leader as Ascend enters its next phase.

Ascend continues to operate normally as it completes final steps toward emergence and refocuses on profitable growth in high-performance materials.



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#Spinning

Rieter appoints Daniel Lippuner as new CEO as Thomas Oetterli steps down

Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand over the Chairmanship of the Board of Directors. “After the successful implementation of the Next Level performance program, the structural measures initiated to consolidate the sites and the acquisition of Barmag, the time has come to hand over responsibility to new hands,” explains Thomas Oetterli.

#Raw Materials

Kraig Labs ships first commercial spider silk yarn

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced the shipment of its first commercial order of recombinant spider silk yarn. The custom-engineered yarn was produced to fulfill a purchase commitment from a globally recognized performance sports brand and is slated for development into a first-of-its-kind performance textile.

#Man-Made Fibers

DuPont launches Tyvek® with Renewable Attribution for consumer & industrial applications

DuPont (NYSE: DD) today announced the global launch of Tyvek® with Renewable Attribution for Consumer & Industrial (C&I) applications, extending its certified bio-circular material innovation to customers in active packaging, tags and labels, race bibs and wristbands, as well as industrial packaging such as art packaging, dunnage and industrial bags.

#Man-Made Fibers

Teijin Frontier and Asahi Kasei Advance complete business integration and launch TA Frontier Co., Ltd.

Teijin Frontier Co., Ltd., and Asahi Kasei Advance Co., Ltd., completed the integration of their business operations effective today, and have launched the new entity as TA Frontier Co., Ltd. This integration combines the customer bases and business platforms that the two companies have developed, with the goals of building greater competitiveness, responding more effectively to rapidly changing market conditions and achieving sustainable growth.

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#Digital Printing

Italian textile finishing specialist injects digital agility into luxury textile manufacturing with Kornit Digital

1st October 2026 – Kornit Digital, a global pioneer in sustainable, on-demand digital fashion and textile production technologies, shares the news that Tintoria Finissaggio 2000, one of Italy's leading textile dyeing and finishing specialists, has integrated the Kornit Presto MAX into its production environment to expand its premium textile offering to improve manufacturing efficiency and support growing demand for sustainable, agile fabric production.

#Recycling / Circular Economy

ReHubs names Béatrice Moureaux CEO to advance textile recycling in Europe

ReHubs has appointed Béatrice Moureaux as Chief Executive Officer, marking a new chapter for the European alliance as it continues to strengthen its work to scale textile-to-textile recycling across Europe. Béatrice has served as Board Advisor to ReHubs since December 2025, working closely with its Board, team and members on the organisation’s strategy and projects. She brings more than 25 years of experience across technical textiles, advanced fibres, nonwovens and circular innovation.

#Textiles & Apparel / Garment

YKK subsidiary Golden Hill Tower Limited marks 25 years of operations in Myanmar

Golden Hill Tower Limited, a subsidiary of YKK Corporation, celebrated its 25th anniversary with a ceremony in Myanmar on September 21, 2026. The event brought together approximately 230 guests, including senior executives from the YKK Group, to commemorate the company's development since the launch of its serviced apartment business in November 2000.

#Knitting & Hosiery

SHIMA SEIKI to showcase digital product creation at Apparel Sourcing Week

Leading digital textile solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan will exhibit at Apparel Sourcing Week 2026 in Bengaluru, India next month. The exhibition provides a platform for the entire apparel value chain, bringing together manufacturers, brands, suppliers and solution providers in one location.

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