#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.

Expansive innovations converge in Shanghai as Yarn Expo Autumn 2026 opens doors next week

With just days to go, industry enthusiasm is building for the opening of Yarn Expo Autumn, Asia’s premier yarn and fibre trade fair, running from 25 – 27 August at the National Exhibition and Convention Center (Shanghai). Across 27,000 sqm in Hall 8.2, buyers will find nearly 600 exhibitors from 14 countries and regions, spread across seven specialised zones that range from cutting-edge man-made and regenerated fibres to time-honoured cashmere and silk. Beyond the extensive sourcing options, a fringe programme of trend showcases, presentations and product launches rounds out the three¬day event with design, innovation and market intelligence.

Dornbirn GFC 2026 expands conference program with new thematic sessions

For 65 years, Dornbirn GFC has stood for innovation and is one of the world’s leading conferences in the fiber industry. From September 16 to 18, 2026, the international fiber community will meet in Dornbirn, Austria, to discuss current trends, technological developments, and forward-looking solutions. More than 600 experts from industry and academia from over 30 countries are expected to attend. With around 100 presentations by renowned speakers, a 2,5-day conference program, and three parallel presentation rooms with moderated sessions, Dornbirn GFC provides a first-class platform for knowledge exchange, networking, and international collaboration. Together, participants will generate ideas and impulses that will sustainably shape the future of the global fiber industry.

Lenzing reports improved half-year results and advances strategic transformation

Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.

Kimberly-Clark develops alternative natural fiber platform for hygiene products

Kimberly-Clark has introduced a proprietary innovation program aimed at developing alternative natural fibers for future hygiene products. The company has created a patented materials platform based on fibers derived from hesperaloe, a drought-tolerant succulent native to the southwestern United States.

DOMOTEX Southeast Asia 2026 - Building the Gateway to ASEAN's fast-growing flooring market

From 11–13 November 2026, the inaugural DOMOTEX Southeast Asia will take place at BITEC (Bangkok International Trade & Exhibition Centre) in Bangkok, Thailand. Jointly organized by GLOBUS Events Limited and Hannover Milano Fairs Shanghai Ltd., with Worldex G.E.C. Co., Ltd. as the local partner, the exhibition marks the expansion of the internationally recognized DOMOTEX brand into Southeast Asia. As the newest addition to the global DOMOTEX portfolio, the exhibition has been developed specifically to serve the rapidly evolving ASEAN market, creating a dedicated business event for the flooring and interior finishing industry.

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.