#Yarn & Fiber

2020-09-16

RadiciGroup bets on research and innovation: sets up Radici InNova consortium

RadiciGroup has announced the founding of Radici InNova, a non-profit consortium, to carry out the Group’s strategic aims of ensuring business continuity, improving corporate competitiveness and creating value for the community.

The new company’s R&D to focus on sustainable solutions by pooling the competencies of all RadiciGroup companies

The new company’s main object is the development of new research and innovation projects for the chemical, high performance polymers and advanced textile solutions sectors, in accordance with the RadiciGroup sustainability strategy. Indeed, Radici InNova renews and strengthens RadiciGroup’s commitment to a development model that balances economic profitability with environmental sustainability and social equity.

The new company will take advantage of and improve the synergies of the R&D activities that have long been carried on by the RadiciGroup Specialty Chemicals, High Performance Polymers and Advanced Textile Solutions Business Areas.

“The formation of Radici InNova represents an important milestone for the whole Group on its path towards innovation, which was started many years ago,” Angelo Radici, president of RadiciGroup, said. “In fact, during the years, innovation has been a key element that distinguishes us and enables us to expand into a variety of sectors and supply the market with competitive, cutting-edge products and solutions.

By sharing the know-how and the competencies of the various Group business areas, it will be possible to develop integrated advanced research projects, in accordance with our sustainability strategy and inspired by the principles of environmental protection and the circular economy, ensuring constant growth and a better future for generations to come."

By leveraging internal competencies and targeted relationships with third parties, Radici InNova will manage and coordinate all the Group’s strategically essential research activities, with the objective of strengthening the role of innovation as a driver of RadiciGroup development. Furthermore, the new company will actively foster the continual improvement of products and processes, while optimizing the use of resources and lowering the environmental impact of its activities.

RadiciGroup: 21st Sustainability Report published

RadiciGroup has published its 21st Sustainability Report, covering the year 2024, confirming more than two decades of transparency and measurement in the economic, environmental, and social dimensions. From its first Social Report in 2004 to the current reporting aligned with the GRI Universal Standards, the Group is now preparing for its next challenge: the adoption of the criteria that will be set out by the Corporate Sustainability Reporting Directive (CSRD).

Twenty years of Sustainability Report for RadiciGroup

The RadiciGroup Sustainability Report reaches an important milestone this year: twenty years have in fact passed since the Group published its first Social Report in 2004, qualifying it as one of the pioneering companies in the realisation of voluntary non-financial reporting. The document measures the Group’s achievements and the actions it has taken to reduce its environmental impact, respect social values, and implement good business management practices.

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.

BICO BCF yarn delivers impressive performance in field testing

In a joint development project with other partners, Barmag and Object Carpet have successfully tested BICO BCF yarn in the carpet manufacturing process. The results show that this innovative yarn technology offers significant performance advantages and opens up new possibilities for recycling-oriented carpet constructions.

Ministry of Industry Delegation visits NatureWorks’ second global manufacturing site at Nakhon Sawan Biocomplex

NatureWorks Asia Pacific Limited welcomed a high-level delegation led by Mr. Varawut Silpa-archa, Minister of Industry, to its manufacturing site at the Nakhon Sawan Biocomplex (NBC). The visit follows the successful inauguration of the site on April 29, 2026, and highlights the role of public-private collaboration in advancing Thailand’s sustainable industrial development and bioeconomy ambitions.

Sorona® and WGSN announce top bio-based material trends of 2027

Sorona®, the partially bio-based polymer from Covation Biomaterials (CovationBio™), and global trend forecasting authority WGSN today release the material trends shaping the textile industry through 2027 and beyond following a comprehensive examination of bio-based functional fiber applications and global data.

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.

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®.

Fashion for Good launches DW(O)R-X to navigate the emerging landscape of PFAS-free finishes

Fashion for Good announced the launch of Project DW(O)R-X, a collaborative initiative designed to benchmark PFAS alternative durable water- and oil-repellent (DW(O)R) chemistries. Responding to growing market demand for alternatives to PFAS‑based finishes, the project aims to generate reliable, comparable data that can support informed sourcing decisions and the assessment of emerging chemistries.