#Man-Made Fibers

2026-03-12

AMSilk appoints Jeno Schadrack as CFO ahead of key growth financing round

AMSilk GmbH (“AMSilk”), a global leader in bio engineered performance materials made from silk proteins, today announces the appointment of Jeno Schadrack as Chief Financial Officer (CFO). He will assume full responsibility for the finance function.

Jeno joins AMSilk at a strategically important moment for the Company as it prepares for a major upcoming institutional financing round to accelerate the industrial scale-up of its silk technology and expand its research and development activities.

He brings a broad track record in guiding companies through advanced scale up stages, with deep experience in institutional funding processes, international expansion and strategic financial leadership. He has worked closely with investors, banks and other financial stakeholders in complex financing environments. In his previous role, Jeno served as Group CFO and Managing Director at NavVis GmbH, a rapidly growing, internationally active deep tech scale up with subsidiaries in the United States, the United Kingdom, and China.

Dr. Wolfgang Colberg, Chairman of the Board, AMSilk, commented: “Jeno Schadrack’s strong track record in guiding companies as they grow will be invaluable to AMSilk as we move from bench-top to industrial scale production. This is a pivotal period for AMSilk and Jeno’s hire reflects this ambition.”

Ulrich Scherbel, Chief Executive Officer at AMSilk, said: “Jeno’s experience in growth financing, investor relations and capital markets, combined with his strategic and analytical leadership style, makes him exceptionally well-suited to guide AMSilk into our next financing stage, which will be critical for our corporate development.”

Jeno Schadrack, newly appointed Chief Financial Officer at AMSilk, added: “AMSilk’s silk protein materials are among the most exciting material innovations in the market today, with remarkable potential to transform established industries. I am grateful for the trust the Company has placed in me and look forward to contributing to fully unlocking the potential of these groundbreaking products.”

AMSilk and Ajinomoto Foods Europe expand partnership to enable industrial-scale production of silk proteins

AMSilk GmbH (“AMSilk”), a global leader leader in biotech produced silk materials, today announced a significant expansion of its partnership with Ajinomoto Foods Europe (AFE), marking a key step in scaling the industrial production of its silk proteins. Building on the collaboration first established in 2023, the two companies have now entered into a long-term manufacturing and supply agreement, enabling the transition from industrial validation to dedicated, large-scale production.

Christian Wichert appointed Chief Executive Officer to lead next phase of growth

AMSilk GmbH (“AMSilk”), a global leader in advanced biomaterials made from silk proteins, today announces the appointment of Christian Wichert as its new Chief Executive Officer (CEO), effective 1 June. The appointment marks a pivotal moment in AMSilk’s journey, as the Company advances from development through scale-up to commercialization.

Evonik and AMSilk extend partnership for sustainable biotech silk materials

Evonik and AMSilk, a global leader in advanced biomaterials based on silk proteins, have deepened their collaboration with a long-term agreement to produce sustainable silk proteins at industrial scale. Building on their initial manufacturing agreement from 2023, the companies have commissioned a manufacturing line at Evonik’s Slovakian site for AMSilk’s high-performance silk. This innovative biomaterial is produced with minimal environmental impact and is designed for use in premium fashion and highly demanding automotive interiors.

Rieter sees Barmag integration on track as orders and sales rise

The first half of 2026 was shaped by the successful completion of the largest acquisition in Rieter’s history. The Man-Made Fiber Division enables entry into the growth segment of man-made fibers and sustainably strengthens Rieter’s market position in the Asia region. The expanded Group is now the world’s leading system supplier for the processing of natural and man-made fibers. In the first half of the year, initial cost savings in material costs and operating expenses have already been realized. The targeted synergies are expected to amount to at least CHF 20 million by the end of the 2028 financial year. Due to the completion of the acquisition on February 2, 2026, the first half of the year for the Man-Made Fiber Division only amounts to five months.

Barmag Fuzhou Customer Day concludes successfully, boosting high-quality chemical fiber growth in Fujian & Guangdong

Barmag hosted its Customer Day themed “A New Era. Powered by Innovation.” in Fuzhou on June 28, welcoming nearly one hundred invited customers from Fujian and Guangdong provinces. Georg Stausberg, CEO of Barmag Group, attended along-side the sales and R&D expert China team to jointly present integrated solutions covering the entire man-made fiber value chain.

Ibrahim Fibres and Trützschler: A strong partnership enters its next phase with the TC 30Si

For more than two decades, Ibrahim Fibres and Trützschler have grown side by side, driven by a shared ambition to continuously improve spinning performance, strengthen technology leadership and set new benchmarks in the textile industry. Today, Ibrahim Fibres is a leading yarn and polyester staple fiber manufacturer in Pakistan. The company operates the largest number of Trützschler cards in the country, with more than 200 machines running across its mills in Faisalabad, and plays an important role in one of Asia’s largest textile industries.

C&S strengthens its governance to support its evolution

C&S announces the appointment of Marco Lucietti to its Board of Directors. With extensive international experience across the textile and denim industries, Lucietti will work alongside CEO Federico Corneli, contributing to the company’s managerial development, organizational structure and long-term strategic direction.