#Sustainability

2022-09-15

DyStar releases 2021 – 2022 Integrated Sustainability Report

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to announce the release of its twelfth annual Sustainability Performance Report. The report is prepared in accordance with the updated GRI Standards 2021: Core option. DyStar continues to adopt the Integrated Reporting framework to communicate how the group has successfully created tangible value across multiple stakeholder groups in six major capitals.

DyStar is delighted to report that we have inched ourselves closer to some of our 2025 target of reducing our environmental footprint by 30% for every ton of product, from 2011 levels. While on others, we are working diligently to make more improvements. Here are some key highlights for FY2021:

Recorded more than 29% increase in revenue compared to 2020

Zero workplace fatalities, high-consequence injuries, and work-related ill health

40% reduction in Greenhouse gas (GHG) emission intensity, compared to 2011

37% decrease in wastewater emission intensity, compared to 2011

Mr. Xu Yalin, Executive Board Director of DyStar Group said, “As a leading specialty chemical manufacturer and producer, DyStar will continue to invest responsibly into product innovation and diversify into renewable energy, to drive sustainable outcomes across our value chain and industries.”

Mr. Eric Hopmann, CEO of DyStar Group remarked, “We remain cautiously optimistic about the company’s financial and environmental performance. The integrated value creation model that we began in 2020 has proven to be effective and will continue to support our efforts toward DyStar’s 2025 Sustainability Master Plan.”

The Group was able to remain resilient and steer itself toward optimistic growth and recovery from the global pandemic in FY2021. In face of recent geopolitical events and macroeconomic factors such as soaring energy costs, DyStar and the wider supply chain will continue to face challenges. As a result, we believe it is crucial to stay committed to our 2025 Sustainability goals to continue generating value for all of our stakeholders in the longer term, well beyond these turbulent times.

The report communicates DyStar’s progress towards its sustainability agenda and material topics. As part of our commitment to environmental sustainability, only an e-magazine and a PDF version will be made available for download from

http://www.DyStar.com/sustainability-reports/

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.

Textile Exchange unveils agenda for 2026 conference in Vancouver

Textile Exchange has released the agenda for its 2026 Conference, which will take place from October 12–16 in Vancouver, Canada. Under the theme “The Implementation Era,” the event will focus on translating sustainability commitments into practical action and scaling solutions across businesses, supply systems, and landscapes.

Textile PRO Forum calls for greater harmonisation of textile EPR systems across Europe

The Textile PRO Forum has published a new analysis highlighting the need for greater harmonisation of textile Extended Producer Responsibility systems across Europe. The document, Toward harmonised Textile EPR Systems in Europe: analysis and recommendations, presents the results of work carried out by Workstream 1 of the Textile PRO Forum, led by Dr. Eng. Viola Corbellini, Strategic Development and Innovation Expert at Erion Textiles, and Eng. Luca Campadello, General Director at Erion Textiles. The workstream focused on reducing administrative burden for textile producers by identifying areas where procedures could be better aligned across countries.

Results of the 38th ITMF Global Textile Industry Survey

The global textile industry appears to be turning a corner, but this is more likely a fragile and possibly temporary improvement than the start of a durable recovery. According to the 38th ITMF Global Textile Industry Survey, conducted worldwide during the second half of May 2026, business sentiment, order intake, order backlogs and capacity utilization all improved versus March — yet every indicator remains weak by historical standards, and rising costs cast doubt on how long the upturn can last.

Closing the Footwear Loop reveals challenges and opportunities for circular footwear

The footwear industry faces one of the most complex circularity challenges in the fashion sector. A new Phase 1 report from the Fashion for Good initiative Closing the Footwear Loop, developed together with Circle Economy, provides new insights into the composition, condition and recycling potential of post-consumer footwear waste.

New spinning package with two-step filtration for recycled yarns and more

At the ITM in Istanbul, BB Engineering unveiled its new, patented ValuePack spinning package for the first time, which features a two-stage filtration system. This is particularly beneficial for re-cycling processes. Until now, spinning packs have used either metal powder (“sand”) or filter candles as filter media. Both options are suitable for differ-ent applications, and each has its own specific advantages and dis-advantages.

ITMA 2027 gains strong momentum

In line with the theme "Co-creating the future of textiles", ITMA continues to strengthen its support for start-ups, recognising their role in driving innovation and shaping the future of textile and garment manufacturing. Through the Start-Up Valley, emerging companies gain access to a global marketplace where they can connect with industry leaders, potential partners, investors and customers.

Mongolia: Workshop on Italian textile technologies kicks off in Ulaanbaatar

The workshop dedicated to Italian textile technologies will kick off in Ulaanbaatar from 21 to 23 June 2026. Focused on the most advanced innovative solutions for the textile industry, the initiative will bring together 13 Italian textile machinery manufacturers, confirming the growing interest in strengthening industrial cooperation between the two countries and highlighting Mongolia’s strategic importance for Italian textile machinery producers.