NatureWoven Compostable Signage is now available

Need a sign? Say goodbye to petroleum-based synthetics and embrace a new digitally printable eco-friendly solution. NatureWoven now offers a picture perfect solution to the digital imaging industry that is environmentally friendly and compostable for today’s world.

NatureWoven products can be used for indoor and outdoor applications and are manufactured from 100 percent natural plant fibers and latex. These materials require a fraction of the energy to manufacture compared to synthetic products and absorb large amounts of CO2 during growth.

As consumers are inundated with billboards, banners and point-of-sale signs, NatureWoven reduces the toxic waste and offers environmental signage materials for brands.

“Our products begin life as plants, become signage and then complete their lifecycle as natural fertilizers that improve soil quality,” said Matt Devlin, NatureWoven’s VP Business Development – North America.

“This fundamental shift towards sustainable raw materials in printing options has never been done before and should be embraced by the industry. It’s refreshing when brands such as Patagonia and Whole Foods use our products simply because it’s the right thing to do.”

For more details please visit : NatureWoven Compostable Signage is now available @ Fibre2fashion

Synthetic Fibre Industry Pleads for Uniform Cenvat in India

The synthetic fibre industry has requested the Government for a 4 percent common Cenvat (Central Value Added Tax) rate on all types of textile fibres, with an alternative to stay in the Cenvat chain or not.

The synthetic fibre and fibre intermediates stated that industry's pre-budget memorandum for the Union Budget 2006-07, the mandatory 16 percent duty at the fibre and filament yarn stage imposed on the synthetic textile sector has created the problem of Cenvat accumulation at the blended yarn stage.

According to the memorandum, this has removed the profitability and working capital of the spinning industry and removed its strength to generate reinvestable surplus for further growth.

As per the Memorandum, the National Textile Policy of 1985 and New Textile Policy in 2001 had zoomed in "fuller fibre flexibility," which denoted that there should be no limit for use of any fibre by any section of the industry.

For more details please visit: Synthetic Fibre Industry Pleads for Uniform Cenvat in India at fibre2fashion

Lenzing Sees Good Development In First Nine Months

In the first nine months of 2011, the Lenzing Group succeeded in significantly improving all relevant indicators in comparison to the previous year, and is thus performing in line with the expectations defined in the half-yearly report.

Consolidated sales in the first nine months of 2011 climbed 23.9% year-on-year, from EUR 1,285.5 mill. to EUR 1,592.2 mill. A total of 3.5 percentage points of this increase can be attributed to the higher fiber shipment volumes, whereas 13.6 percentage points are the result of the higher average fiber selling prices. Growth in other business areas as well as the full consolidation of the Paskov pulp plant over three quarters also contributed to the rise in consolidated sales.

EBITDA in the first three quarters of 2011 improved by 55.3% to EUR 362.9 mill. from the prior-year level of EUR 233.6 mill. This corresponds to an EBITDA margin of 22.8% (Q1-3 2010: 18.2%). The operating profit (EBIT) in the first nine months of 2011 was up 71.6% to EUR 289.7 milll. (Q1-3 2010: EUR 168.8 mill.), equivalent to an EBIT margin of 18.2% (Q1-3 2010: 13.1%). The profit for the period climbed to EUR 217.9 mill. from EUR 122.8 mill. in the previous year, an increase of 77.5%.

“Following the outstanding second quarter, the market for standard viscose fibers weakened as expected in the third quarter. Nevertheless, we were able to post third-quarter earnings which matched the very good first quarter of 2011“, says Lenzing CEO Peter Untersperger. “This was primarily due to the quantitatively higher share of the specialty fibers Lenzing Modal and TENCEL along with their stable price development. New record shipment volumes were achieved with Lenzing Modal“.

For more deetails please visit : Lenzing Sees Good Development In First Nine Months @ Fibre2Fashion