Group 1 - Technip Energies will release its financial results for the first nine months of 2025 on October 30, 2025, at 07:30 CET [1] - A conference call to discuss the results will take place on the same day at 13:00 CET, with participation details provided [1] - The conference call will be available via webcast, which can be accessed after registration [1] Group 2 - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2] - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [3] - Technip Energies is listed on Euronext Paris and has American Depositary Receipts trading over the counter [3]

Circulose and Jilin Chemical Fiber (JLC) have entered a strategic partnership. The China-based chemical fiber producer will exclusively market and sell Jirecell for the global market from 2026 to 2028. After several years of collaboration and market validation, the partners are now scaling production to meet international demand—evidenced by the regenerated cellulose fiber’s sustained traction—as a sustainable swap to synthetics. That solution is Jirecell. More from Sourcing Journal While the viscose fila ...

Circular Economy & Design - Design is karma; designing for expiry leads to waste, while designing for sustainability creates resources [2] - Modern urban consumerism is characterized by buying, swiping, and wiping off, highlighting a culture of consumption [3][4] - Survival is symbiosis; culture and nature should be in a symbiotic relationship where neither lets the other die [7] - Eco-karma is designed for circularity, where culture and nature regenerate each other, contrasting with planned obsolescence [9] - Circular design should incorporate longevity and reversibility, ensuring sustainability and viability throughout a product's lifecycle [13][14] Examples & Case Studies - The Bohogi Shell Parikramma in Jaipur, Rajasthan, is a ritual that protects local biodiversity and the tradition of the indigenous community, showcasing a symbiotic relationship [5][6][7] - Plastic cards exemplify planned obsolescence, expiring every 2 to 5 years despite being made to last forever [3][15] - A love letter represents a circular design because it regenerates meaning across time, even after the writers and readers are gone [20][21] Framework for Circular Design - Every entity needs resources for manufacturing, sustaining, and regenerating the product [11] - Linear design limits human potential by focusing on viability, feasibility, and desirability, while circular design emphasizes longevity and reversibility [13] - The future is written in design for circularity, not expiry dates [22]

I decided to clear my closet one day and I made a giant pile of clothes on the floor. Things that didn't fit anymore, pieces that were out of style. And then I realized these weren't just outfits.They were stories. from different chapters of my life. The cute top I twirled in at a music festival with friends.The red dress with my crush. The power blazer from my first day at a dream job. I thought letting go would be simple.I stuffed them into a big bag, put it in my car, and decided to donate them. But six ...

Sustainability Commitment - Levi Strauss & Co. (LS&Co.) is enhancing its sustainability efforts through targeted actions in key impact areas, as outlined in its 2024 Sustainability Goals and Metrics Report [1] - The report highlights progress in waste reduction, circularity, responsible cotton sourcing, and chemical management [1] Waste Management - LS&Co. is pursuing TRUE Zero Waste certifications for its company-operated facilities, with the Henderson, Nevada distribution center achieving TRUE Silver certification and a 95.2% waste diversion rate in 2023 [2] - The Northampton Distribution Center in the U.K. has also achieved TRUE Certification, diverting 90.8% of waste from landfills during the same period [2] - The company aims for zero waste to landfill from its facilities and a 50% waste diversion rate across strategic suppliers by 2030, with key suppliers diverting 77% of waste from landfills in 2024, a 1% increase from the previous year [3] Cotton Sourcing - In 2024, LS&Co. sourced over 80,000 metric tonnes of cotton, which constitutes nearly 90% of the raw materials used annually for its products [4] - The company acknowledges that climate change poses risks to cotton supply and production, despite some short-term benefits suggested by climate modeling [5] - To mitigate these risks, LS&Co. participates in the U.S. Cotton Trust Protocol and supports initiatives like the Better Cotton Initiative and the Organic Cotton Accelerator [6] Supply Chain Resilience - LS&Co.'s suppliers purchase cotton globally and ensure redundancy in the supply chain to minimize risks from disruptions caused by weather and climate-related issues [7] - The company’s supply chain is designed to be resilient, with any associated cost increases expected to be absorbed into regular business activities and considered in financial planning [7]

Financial Data and Key Metrics Changes - Consolidated net sales for Q4 2025 were $138.5 million, down 12% year-over-year due to trade uncertainties and reduced sales volumes [10][80] - Gross profit was negatively impacted by softer sales and transition costs, totaling approximately $10.6 million during the period [25][80] - The Americas segment saw a 6.6% decline in net sales compared to the prior year, primarily due to lower sales volumes and productivity shortfalls [80] - The Asia segment experienced a 28% decline in net sales and a 340 basis points decrease in gross margin year-over-year [80] Business Line Data and Key Metrics Changes - The Reprieve fiber represented 30% of sales in Q4, down four percentage points from the previous year due to trade policy uncertainty [18][73] - The Brazil segment maintained stable demand and strong volumes but faced margin headwinds from unfavorable pricing dynamics and foreign currency translation impacts [71][80] - Transition costs in the Americas segment were attributed to the consolidation of U.S. yarn manufacturing operations [80] Market Data and Key Metrics Changes - In the Americas, many brands paused production growth in Central America due to tariff uncertainties, impacting order patterns [12][66] - In Asia, brands are reassessing their supply chains in light of tariff negotiations, particularly affecting India and China [13][67] - Brazil's sales are insulated from recent tariffs, but the market faces challenges from dumping activities and foreign exchange volatility [14][68] Company Strategy and Development Direction - The company has ceased operations at its Madison, North Carolina facility, which was a significant cause of profit misses, and has sold the facility for $45 million [4][27] - The transition to the Yatkinville facility has increased production capability by 40%, although it has caused some inefficiencies during the transition [5][59] - The company is focusing on sustainability and circularity innovations, such as the Reprieve Take Back and Thermal Insulation products, which are expected to drive future growth [6][74] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that the impacts of tariffs are likely to be neutral to slightly positive in the long term as order patterns improve [6][11] - There is a belief in pent-up demand in the market, particularly as trade policies become clearer, which is expected to benefit the company in the near future [12][66] - The company anticipates improved performance in fiscal 2026, with cost savings and demand normalization expected to drive growth [30][31] Other Important Information - The sale of the Madison facility is expected to generate over $20 million in annual operating cost savings once transition efforts are complete [15][84] - The company is forecasting under $12 million in capital expenditures for fiscal 2026, focusing on critical investments [27][83] - Management highlighted ongoing efforts to optimize operations and drive greater efficiency across the business [68][79] Q&A Session Summary Question: Impact of transitory demand disruptions on sales - Management indicated a 20% disruption in Asia due to trade uncertainties, expecting demand to grow in Q1 and Q2 as tariff clarity improves [38][39] Question: Timing of pent-up demand orders - Increased orders are already being seen in August, with expectations for further growth in September [42] Question: Exciting new product launches - The Fortisyn nylon yarn is particularly promising, with expectations for significant demand in the second half of the fiscal year [43][44] Question: Competitive positioning improvements - Most improvements are seen in the Americas due to plant consolidation, with Brazil also benefiting from increased volumes [46][47] Question: Update on Beyond Apparel initiative - The Beyond Apparel initiative is focused on military, packaging, and automotive markets, with expectations for substantial revenue increases in the second half of the fiscal year [49][51]

Financial Data and Key Metrics Changes - The company successfully raised $300 million in capital, significantly bolstering its liquidity position, ending the quarter with $298 million in cash, including $284 million of unrestricted cash [33] - Operational and corporate spending was around $39 million, slightly higher than the previous quarter's $37 million, with expectations for operational spending to remain similar while growth capital spending is anticipated to increase gradually [33] Business Line Data and Key Metrics Changes - The company reported a strong quarter with on-stream times approaching 90% in both April and May, and 65 consecutive days of pellet production [12][29] - The company has 17 customer applications in post-trial discussions, with a focus on converting these trials into sales in the second half of the year [18][19] Market Data and Key Metrics Changes - The serviceable addressable market of the sales funnel is currently estimated at £4.8 billion, which is a fraction of the £200 billion global market [20] - The company is experiencing strong demand indications from customers, suggesting that sales will continue to ramp up leading into 2026 [13][27] Company Strategy and Development Direction - The company is focusing on global growth plans, particularly in Thailand, which is expected to provide high returns on invested capital and direct access to Southeast Asia [14][15] - The company aims to achieve roughly 1 billion pounds of installed capacity by 2029, with a projected run rate EBITDA of approximately $600 million [31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the operational reliability improvements at the Ironton facility and the momentum in commercial trials, which supports the belief that demand for recycled polypropylene exceeds supply capabilities [13][14] - The company anticipates a commercial ramp in both Q3 and Q4, with expectations to exit Q3 at a revenue level of $4 million per month and to reach corporate EBITDA breakeven by late Q4 or early Q1 [95][96] Other Important Information - The company has signed a major commercial agreement with Emerald for approximately 5 million pounds of purified resin, which is expected to convert into revenue in Q3 [10][24] - The company earned GreenCircle's recycled content certification for nearly 30 grades of PureCycle resin, verifying that over 90% of its feed comes from qualified post-consumer recycled feedstocks [26] Q&A Session Summary Question: Can you provide more detail on the growth plans and progress since the last update? - Management highlighted three growth projects: Thailand, Antwerp, and Gen two facilities, emphasizing the readiness of sites and the operational support from Ironton [37][38] Question: Can you elaborate on the 17 applications that are post-trial and the likelihood of success? - Management indicated that the technology is working, with customers moving into further discussions, and emphasized the flexibility to operate in various market segments [48][50] Question: How is the company thinking about customer diversification and production allocation? - Management stated that customers who move fastest will have priority, and there will be opportunities across various segments to maintain good margins [80][82] Question: What are the anticipated challenges in scaling to a 300 million plus pound facility? - Management noted that the experience gained from Ironton will improve the reliability of future facilities, and the team is confident in scaling operations effectively [84][86] Question: What does the ramp look like for the second half of the year? - Management confirmed that Q3 is expected to show higher revenue than Q2, with a goal to exit Q3 at $4 million per month in revenue [92][93]

Financial Data and Key Metrics Changes - Net revenue for Q2 totaled $40 million, at the high end of guidance, with a gross margin of 40.7%, down from 50.5% a year ago [22][23] - Adjusted EBITDA loss improved to $13 million, exceeding guidance by over $3 million, reflecting cost control efforts [27][31] - Cash and cash equivalents at the end of the quarter were $33 million, with inventories down 21% year over year [28] Business Line Data and Key Metrics Changes - The company is focusing on new product launches, with 19 new styles expected this season, a significant increase from the previous year [10][50] - Marketing expenses for Q2 were $9 million, or 21% of revenue, down from last year due to prior investments in the TreeRunner GO launch [26] Market Data and Key Metrics Changes - The company is transitioning to a distributor model in international markets, which is expected to be immediately profitable despite impacting top-line revenue [34] - The impact of store closures and distributor transitions is estimated to be $20 million to $25 million, reflecting a more conservative view of the top line due to macroeconomic uncertainties [30][44] Company Strategy and Development Direction - The company is reintroducing its brand with a focus on product innovation, marketing, and customer experience, aiming to establish itself as a modern lifestyle footwear brand [5][20] - Plans include launching new products monthly and enhancing marketing content weekly to drive consumer engagement [6][12] Management's Comments on Operating Environment and Future Outlook - Management acknowledges uncertainty in consumer spending but remains confident in the brand's reintroduction and new product offerings [6][20] - The company expects to see year-over-year sales growth in Q4, driven by the convergence of new initiatives [46] Other Important Information - The company has completed a comprehensive financing package, including a new revolving credit facility to support growth plans [29] - The company is committed to sustainability with the launch of the REMIX initiative, focusing on circularity in product development [11] Q&A Session Summary Question: Impact of store closures and distributor model on profitability - Management indicated that the impact of store closures was estimated to be $20 million to $25 million, but these closures targeted unprofitable doors, which should improve bottom-line profitability [34][35] Question: Inventory strategy for new product launches - Management emphasized strong inventory management, expecting no significant increase in inventory despite new product launches, supported by operational improvements [37][39] Question: Clarification on sales guidance reduction - Management confirmed that the reduction in sales guidance was due to structural changes from store closures and macroeconomic factors, but core business expectations remain unchanged [44]

Group 1 - Technip Energies published its 2025 Half-Year Report, which is filed with the Autoriteit Financiële Markten (AFM) in the Netherlands and the Autorité des marchés financiers (AMF) in France [1] - The 2025 Half-Year Report is accessible on the company's investor relations website [1] - Technip Energies generated revenues of €6.9 billion in 2024 and operates in critical markets such as energy, decarbonization, and circularity [3] Group 2 - The company employs over 17,000 individuals across 34 countries, focusing on sustainability and innovation [3] - Technip Energies holds leadership positions in sectors including LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2] - The company is listed on Euronext Paris and has American Depositary Receipts trading over the counter [3]

Core Insights - Republic Services achieved a 20% reduction in greenhouse gas (GHG) emissions in 2024 compared to its 2017 baseline, surpassing its interim target of a 10% reduction by 2025 [1] - The company reported significant progress towards its 2030 Sustainability Goals, particularly in Safety, Talent, and Climate Leadership, with metrics exceeding industry benchmarks [3] Sustainability Achievements - The 2024 Sustainability Report highlights the company's advancements in sustainability, including third-party recognitions such as inclusion in Barron's 100 Most Sustainable Companies and Fortune's America's Most Innovative Companies [4] - Republic Services is launching 6 renewable natural gas (RNG) projects and expanding its electric collection fleet to 50 electric vehicles [8] Employee Engagement and Community Impact - The company maintains an industry-leading employee engagement score of 86, indicating strong internal morale and commitment [8] - Republic Services has positively impacted over 5 million people through its community investments [8]