#Textile chemistry

2020-10-08

DyStar releases integrated Sustainability Report 2019 – 2020

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 DyStar’s Integrated Sustainability Report for 2019 – 20. In this report, DyStar has adopted an Integrated Reporting framework which enables the organization to better communicate essential values across multiple stakeholders through meaningful assessments based on the six major capitals, namely financial capital, manufactured capital, intellectual capital, human capital, social and relationship capital, and natural capital.

Mr. Eric Hopmann, CEO of DyStar Group said, “Amid the worrying COVID-19 situation, as DyStar shared its Tenth Sustainability Report, DyStar has continued to demonstrate the unwavering commitment to sustainability by gathering and presenting improved quality information to support integrated thinking, decision-making and actions that focus on value creation over time. This information clearly illustrates the organization’s ability in creating value across multiple stakeholders.”

Whilst the DyStar Integrated Sustainability Report for 2019 – 20 adopts a new reporting approach, it is still based on the fundamentals of GRI Standards: Core option. The integration of the framework refers to the company’s sustainability performance adopting the IR’s value creation model, alignment of short, mid to long term strategy, and evaluated based on the concept of multiple capitals, which have been adopted by the International Integrated Reporting Council (IIRC) since 2013.

In order to drive DyStar towards an integrated value creation model, DyStar’s management agreed on established commitments and goals for each capital and assigned a responsible department to lead these specific initiatives on a global basis. The report also presents DyStar’s 2025 Sustainability Master Plan, which was earlier presented to the management, outlining clear objectives, goals, roadmap, and specific outcomes for each capital stock. The overall plan is aligned with and supported by DyStar’s Global Sustainability vision to be the environmental and innovative global leader in its chosen industries.

As part of our commitment to environmental sustainability, only e-magazine and PDF version will be made available for download from https://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.

SOKO presents low-impact denim finishing innovations at Denim PV Milan

SOKO will present a range of sustainable denim finishing technologies and collaborative projects at the upcoming Denim Première Vision Milan on 20–21 May in Milan. At booth G27 in Superstudio Più, the company will showcase new chemical solutions designed to combine fashionable denim effects with reduced environmental impact.

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

ReHubs elects new Board of Directors to lead the next phase of ReHubs’ strategy to recycle 2.7 million tonnes of textile waste annually by 2035

ReHubs has elected its new Board of Directors, marking an important milestone as the industry alliance continues to accelerate the industrial scale-up of textile-to-textile recycling across Europe. The election took place during the ReHubs Annual Event in Brussels on June 23rd, held alongside the Textile Recycling Expo and Future Fabrics Expo. The newly elected Board combines expertise from across the textile value chain, reflecting ReHubs' collaborative approach to solving the industry’s textile waste crises.

Reju opens its first R&D Center in the U.S. in Conshohocken, Pennsylvania

Reju, the company specializing in textile regeneration, today announced the opening of a Research and Development (R&D) Center in Conshohocken, Pennsylvania, the company's first proprietary research center in North America. Located within Technip Energies' existing Advanced Materials and Catalysts research center, the lab will allow Reju to accelerate the rollout of its recycling technologies and develop its next-generation circular solutions.