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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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#Recycling / Circular Economy

Circular Polymers by Ascend and ReDefyne experts highlight expanded application options for post-consumer recycled nylons, PET and PP

Engine covers, automotive fabrics and decking materials are among the newest applications that now can be made with recycled materials by Circular Polymers™ by Ascend, as showcased at the annual Plastics Recycling conference this week.

#Yarn & Fiber

Ascend reaches GHG abatement milestone

Ascend Performance Materials has begun operating a new thermal reduction unit (TRU) that will eliminate over 98% of the greenhouse gas emissions tied to adipic acid production in Pensacola, Florida. This new equipment enhances improvements Ascend made in 2021 by adding a new control device and brings its total GHG reduction investments at the world’s largest integrated nylon site to greater than $50 million.

#Recycling / Circular Economy

Circular Polymers by Ascend and ReDefyne experts highlight expanded options for post-consumer recycled nylons, PET and PP

Recycling post-consumer nylons for high-performance applications is possible – and achievable with high product consistency and low energy consumption. Circular Polymers by Ascend leader Maria Field has been tapped by Compounding World Expo to show attendees the possibilities.

#Nonwovens / Technical Textiles

Acteev experts to share trends in medical textiles, sustainability in functionalized fabrics

Acteev experts have been tapped to share their knowledge at two upcoming expos. Cristina Acevedo, Ph.D., will discuss trends in health care at the Advanced Textiles Expo in Orlando, and Nikki Huffman will present on sustainability in textiles at Functional Fabric Fair in Portland.

More News on Man-Made Fibers

#Yarns

Biella Yarn launches Collection “Reimagined” for Spring/Summer 2027 with fresh approach to fibre design

Biella Yarn, the flat knitting brand of Suedwolle Group, introduces its Spring/Summer 2027 collection “Reimagined” featuring refined yarn blends and advanced spinning technologies designed for contemporary summer knitwear. Under the motto “And the story goes on…”, Biella Yarn continues to push the boundaries of responsible yarn development, offering versatile materials that elevate modern craftsmanship.

#Recycled_Fibers

Circular progress: Trevira® CS Eco fabrics can now be made using textile-recycled, permanently flame-retardant fibers and yarns

Indorama Ventures, a global sustainable chemical company, takes an important next step toward making textiles more circular for homes and public spaces. To support fabric makers in creating a more sustainable version of the well-known flame-retardant Trevira CS fabric, the company now offers Trevira® flame-retardant fibers and filament yarns that contain 50% recycled textile material. First customers were introduced to the new offering during Heimtextil trade show mid-January in Frankfurt, Germany.

#Spinning

Efficiency reimagined: economical, precise, compact

At this year's PaintExpo in Karlsruhe (April 14–17), Barmag will present an optimized design of its paint metering pump (Hall 3, Booth 3344). It impresses with its low weight, increased productivity, and extended service life. Specially developed for compact robot arms, the pump enables high-precision and economical paint application – ideal for industries such as automotive, aerospace, and renewable energies.

#Man-Made Fibers

Fourth CDP Triple “A” Rating reinforces Lenzing’s leadership in sustainability

Lenzing AG has once again been recognized by the global nonprofit organization CDP for its transparent reporting performance in the areas of climate change, forests, and water security. This places Lenzing among only 23 companies worldwide that made it on the “Corporate A List” across all three categories in 2025 – out of more than 22,000 companies that disclosed their environmental data. For Lenzing, this marks the fourth time the company has achieved this prestigious triple‑“A” rating.

Latest News

#Business

Canopy introduces a first-of-its-kind $2 billion USD investment blueprint to decarbonize global materials supply chains

Today, the global, solutions-driven not-for-profit Canopy joined partners at Davos to introduce a new finance model designed to accelerate the growth of low-carbon materials and transform the paper, packaging, and textile supply chains. The event was anchored by a keynote speech from Sri A Revanth Reddy, Hon’ble Chief Minister of Telangana, with India set to host the first iteration of the new investment blueprint.

#Textile chemistry

Devan unveils innovative textile solutions to enhance comfort during sleep at Heimtextil 2026

From 13 to 16 January 2026, Devan was exhibiting at Heimtextil in Frankfurt, the world’s leading international trade fair for home and contract textiles. The event brought together key players from across the global textile value chain, providing the ideal platform for Devan to present its latest innovations.

#HIGHTEX 2026

HIGHTEX 2026: The Gateway to the Future of Sportech Textiles

HIGHTEX 2026, which will take place on 9–13 June 2026, is preparing to become a strategic meeting point for the most innovative manufacturers, technology developers, and global buyers in the field of sportech textiles. At the HIGHTEX 2026 Exhibition, where sportswear, outdoor equipment, footwear, protective sports products, and smart textile manufacturers will have the opportunity to closely explore the latest technologies, the event will stand out as one of the industry’s most comprehensive trade platforms.

#Heimtextil 2026

Confidence driving the textile industry: Heimtextil 2026 sharpened its global market relevance by attracting more top-level decision-makers

With 148 participating nations, rising global relevance and a marked increase in visitor quality, Heimtextil 2026 stood for stability and reliability in a volatile market environment. Once again, 3,000 exhibitors from across the globe placed their trust in the industry’s central platform in Frankfurt, presenting current collections, materials and textile solutions for holistic interior design to over 48,000 buyers. Under the motto “Lead the Change”, Heimtextil brought evolving market dynamics, Artificial Intelligence (AI) and new business opportunities to life.

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