#Sustainability

2021-12-22

SABIC receives EcoVadis Platinum Medal for sustainable practices

SABIC, a global leader in diversified chemicals, received a Platinum score from EcoVadis, a leader in third-party evaluations of business sustainability performance.

The Platinum medal is awarded to those companies that score in the top 1% for sustainability practices.

“This acknowledgment comes at a critical time when stakeholders across our global value chain are expecting the companies that they work with to care for their people, their communities and our planet,” said Bo Van Zeeland, General Manager and Chief Counsel Compliance at SABIC.

“With a presence in over 60 countries, we have a responsibility to ensure that our company creates lasting value. This rating is a testament to our ongoing efforts to continuously improve our practices to meet the sustainability expectations of all of our stakeholders,” he added.

In 2020, SABIC received a Platinum medal for sustainability from EcoVadis. In 2019, Ecovadis placed SABIC in the Top 1% best performers in the industrial category ‘Basic Chemicals, Fertilizers, Plastics & Synthetic Rubber Companies.’

SABIC recognizes that in order to succeed in today’s global marketplace, sustainability must be embedded in the way we do business. That’s why our vision is to integrate the environmental, social, and economic dimensions of sustainability into our core business strategy.

Updated supply chain taxonomy advances apparel alignment

The apparel alliance (Apparel Impact Institute, Cascale, Textile Exchange, and ZDHC Foundation) today announced the launch of Version 2 of the Supply Chain Taxonomy, an updated harmonized framework designed to improve consistency, transparency, and collaboration across the textile, clothing, leather, and footwear (TCLF) sectors of the broader apparel industry.

SHIMA SEIKI brings new flat knitting technologies to FEBRATEX 2026

Leading flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Brazilian representative BRASTEMA TECNOLOGIA TEXTIL LTDA., will exhibit at the Brazilian Textile Industry Fair (FEBRATEX 2026) this month. On display will be a roundup of SHIMA SEIKI computerized flat knitting technology, represented by WHOLEGARMENT® knitting machines, computerized flat knitting machines featuring a brand-new model with high productivity and excellent cost performance, a glove knitting machine and the latest digital solutions.

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.

Trützschler’s latest spinning and card clothing innovations at CAITME 2026

From September 8 to 10, 2026, Trützschler will present its latest innovations in spinning and card clothing for state-of-the-art fiber processing at CAITME in Tashkent, Uzbekistan. Visitors are invited to meet the experts at Pavilion 2, Booth D50 and explore solutions designed to increase productivity, streamline processes, and ensure consistently high yarn quality. Key topics include the next-generation card TC 30i, the integrated draw frame IDF 3, the high-performance comber TCO 21XL as well as Trützschler Card Clothing’s new flat top series STEELTOP®.