#Sustainability

2023-02-16

SABIC joins global together for sustainability initiative

SABIC, a global leader in the chemicals industry, has joined Together for Sustainability (TfS), a procurement-driven initiative created by chemical companies with the goal of assessing, auditing, improving sustainability practices within their supply chains. Building on SABIC’s global network and commitment to driving sustainable solutions through collaboration, the move will enable SABIC to help raise sustainability standards in procurement in partnership with a network of 40+ other chemical companies.

Khaled Saleh Al-Kharboush, Vice President of Global Procurement at SABIC, said, “Embedding sustainability into the company’s procurement processes, policies and culture as a foundational pillar is a key part of SABIC’s sustainable procurement strategy. Joining TfS will enable us to reach our goals faster, to allocate our resources to value-adding activities, and to proactively contribute to enhanced ESG performance in close collaboration with our industry peers.”

By joining TfS, SABIC will also gain access to established methodologies and infrastructure that will help accelerate the implementation of its sustainable procurement strategy and environmental, social and governance (ESG) goals. Collaboration is vital to increasing the industry’s transparency on upstream value chains to support further reductions in scope 3 greenhouse emissions. Members of TfS jointly operate global supplier assessments and audit programs through independent experts, eliminating the need for each member to conduct their own assessment programs and greatly reducing the burden on suppliers to participate in numerous different programs.

Bertrand Conquéret, President of TfS, said, “The arrival of SABIC strengthens TfS’s global leadership and opens up a new region, namely the Middle East. Together and with our strategic partners we will continue to increase our impact on the sustainability performance in chemical supply chains around the world.”

The move signals yet another way SABIC seeks to deliver sustainable solutions by collaborating and exchanging ideas with experienced industry peers. In addition to TfS, SABIC co-chairs the LCET Initiative, an effort developed with the World Economic Forum (WEF) focused on upscaling low-carbon emitting technologies in chemical production to put the industry on track to reach net zero emissions by 2050. The company is also a founding member of the Alliance to End Plastic Waste, a global community of companies dedicated to building a circular economy for plastic.

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®.