#Textile processing

2024-10-24

HeiQ announces return to private company structure

HeiQ, a leading innovator in materials technology, announced its decision to return to private company structure from the London Stock Exchange as part of a strategic move to focus resources, streamline operations, and accelerate growth, effective November 19, 2024 (LSE:HEIQ). HeiQ shares will continue trading on the JP Jenkins securities or a similar matching platform from November 20, 2024.

A new chapter for growth and value creation by innovation

Returning to a private company structure marks a key milestone in HeiQ’s evolution. Since its listing on the London Stock Exchange in December 2020, the company has expanded into four new technology platforms, including precision fermentation, cellulosic fiber extrusion, particle synthesis, and chemical vapour deposition. Today, besides operating as an innovative leader for the textile industry, HeiQ functions as a venture incubator, advancing several high-potential technologies at various stages of technology readiness.

Rationale for returning to private ownership

The unanimous decision by HeiQ’s board to return to being a privately held company from the London Stock Exchange aligns with the company’s focus on innovation, long-term growth and value creation. As HeiQ continues to develop advanced technologies, private financing offers more flexibility to invest into the value creation of its high-potential ventures like HeiQ Synbio, HeiQ AeoniQ™, HeiQ GrapheneX, and HeiQ Xpectra.

“Our four years as a public company have seen us acquire four companies and change from a yield focused specialty chemicals player with a narrow textile focus to a multi technology platform innovation incubator with diversified market channels and long-term value creation opportunities. Returning to private company status will enable us to better focus on scaling and financing innovation and technology,” said Carlo Centonze, Co-Founder and Group CEO of HeiQ. “With game-changing ventures like HeiQ Synbio, HeiQ AeoniQ™, HeiQ GrapheneX, and HeiQ Xpectra, we are well-positioned to seize emerging opportunities and achieve our value creation and sustainability goals.”

Commitment to core businesses

HeiQ remains dedicated to its commercialized core business of value-adding textile technologies and synbiotics for cleaning and personal care. With a solid foundation in these areas, HeiQ will continue to deliver advanced innovations that enhance sustainability, durability, and functionality of our everyday products. HeiQ’s global partnerships in textile finishing remain a vital part of its strategy, as the company leads the way in solutions that benefit industries and consumers worldwide. Alongside textile innovations, HeiQ’s unique synbiotic technology platform provides advanced solutions in cleaning and personal care, supporting microbial balance on surfaces and on skin.

Support for shareholders and stakeholders

HeiQ remains committed to transparency and engagement with its shareholders. HeiQ’s shares will be available for trading on the JP Jenkins securities or similar matching platform starting on November 20, 2024.

HEIQ expands in ASIA with BIG SUNSHINE as key partner

HeiQ, a global leader in materials and textile innovation, is strengthening its presence in Asia by onboarding BIG SUNSHINE CO., LTD. as a key full-service partner in the region. This collaboration aims to further improve HeiQ’s overall service capabilities in Taiwan and across the wider Asian region, furthering its vision of global expansion and footprint in Asia.

HeiQ and GQ Apparel bring biobased cooling to denim in Thailand

HeiQ, a global leader in textile and materials innovation, proudly announces a strategic cooperation with GQ Apparel, a premier Thailand-based tech apparel brand. GQ Apparel enhances it denim offering with HeiQ’s advanced cooling solution, marking a significant milestone in the Southeast Asian market.

HeiQ expands application of HeiQ Allergen tech to upholstery fabric through collaboration with CULP

HeiQ partners with Culp to apply HeiQ Allergen Tech, a 100% biobased* solution that reduces allergens on textiles, onto interior upholstery fabric. HeiQ announces the extended application of HeiQ Allergen Tech to bring the benefits of this biobased textile technology to the interior upholstered furniture market, marking a unique launch into this segment.

Innovation as the answer: Techtextil and Texprocess honour solutions to global challenges with the 2026 Innovation Awards

The winners of the Techtextil and Texprocess Innovation Awards 2026 have been announced. Across ten categories, 17 international winners are being recognised for pioneering research, innovative products and materials, as well as new processes and technologies. These innovations provide solutions far beyond the textile industry – including sectors such as automotive, aerospace, medical, architecture, construction and robotics. The awards ceremony takes place on 21 April at Techtextil and Texprocess in Frankfurt. From 21 to 24 April, there is a winners’ exhibition as well as guided tours.

Techtextil 2026 recognition for the UK’s FET

Fibre Extrusion Technology (FET) will receive the Techtextil 2026 New Production Technology Innovation Award at next week’s Techtextil in Frankfurt (April 21-24). The Leeds-based member of the British Textile Machinery Association (BTMA) has developed the FET-500, a new toxic solvent-free gel small scale system for the production of ultra-high-molecular-weight polyethylene (UHMWPE).

Lower CO2, stronger bonds: Indorama Ventures enables customers’ performance at Techtextil

At Techtextil 2026 in Frankfurt am Main, Indorama Ventures presents its latest material innovations aimed at supporting customers in achieving both performance and sustainability targets. The company highlights solutions based on recycled and bio-based raw materials as well as advanced binder fibers, addressing current market demands for lower CO₂ emissions, improved efficiency, and reliable supply.