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MD&M West Taps Industry-Leading Partners
Globenewswire· 2026-01-29 20:00
Anaheim , Jan. 29, 2026 (GLOBE NEWSWIRE) -- MD&M West Taps Industry-Leading Partners ANAHEIM, Jan 29, 2026 (GLOBE NEWSWIRE) MD&M West, the most comprehensive manufacturing trade show in North America, taking place February 3-5, 2026, at the Anaheim Convention Center announces Additive Manufacturer Green Trade Association (AMGTA), Dream Opportunity, Chapman University, and DiPPA as partners for the event. Through these partnerships, MD&M West positions itself as a place for networking opportunities, access ...
Kemvera, formerly New Iridium, Advances Commercialization of Bio-Acetic Acid and Bio-Ethyl Acetate Manufacturing Process
Globenewswire· 2026-01-21 12:00
Company Overview - Kemvera, formerly known as New Iridium, is a sustainable chemical innovation company focused on scaling bio-based chemical solutions using domestic agricultural feedstock [2][5] - The company aims to produce affordable, drop-in chemicals from bio-based and CO₂-derived feedstocks, such as corn ethanol, to support U.S. farmers and domestic manufacturing [3][9] Progress and Development - Kemvera has completed the process design package (FEL 1) for a planned commercial-scale plant with a capacity of 50,000 metric tons per year [1] - The company has also designed a 500 metric tons per year pre-commercial demonstration reactor and commissioned a 20 metric tons per year pilot reactor, demonstrating continuous operations [1] Market Potential - The domestic green chemicals market is projected to reach USD 7.46 billion by 2033, with a Compound Annual Growth Rate of 7.8% from 2025 [4] - Kemvera's strategy includes partnerships with ethanol producers and agricultural stakeholders to create a sustainable domestic value chain from cornfields to industrial users [4][8] Product Applications - Kemvera envisions its bio-acetic acid and bio-ethyl acetate products being used in footwear, disinfectants, and various consumer products, providing reliable alternatives to fossil-derived chemicals [6] Funding and Partnerships - The company is raising Series A funding and seeking partnerships with ethanol producers, chemical companies, and consumer brands to support its production anchored in renewable agricultural products [8]
Synthetic Leather Market to Grow from $ 34.90 Billion in 2024 to $ 63.52 Billion by 2033 | Astute Analytica
Globenewswire· 2026-01-15 08:30
Market Overview - The global synthetic leather market was valued at US$ 34.90 billion in 2024 and is projected to reach US$ 63.52 billion by 2033, with a CAGR of 6.88% from 2025 to 2033 [1] - The market has seen rapid expansion across various applications, including footwear, automotive interiors, furniture, and fashion, due to its adaptability and customization capabilities [2] Production Capacity - By 2024, global production capacity for synthetic leather is expected to exceed 20 million metric tons annually, reflecting a growth of over 25% in five years [4] - The surge in production capacity is driven by increasing demand from traditional sectors and emerging fields like electronics and sports equipment [6] Sustainability Practices - Many manufacturers are adopting sustainable practices, such as reducing energy consumption and using eco-friendly materials, to minimize ecological impact and meet consumer demand for environmentally responsible products [5] E-commerce Impact - Online sales of synthetic leather products are projected to surpass US$ 8 billion in 2023, highlighting the growing consumer demand and the influence of e-commerce [7] - The rise of digital marketplaces has enabled direct collaboration between manufacturers and consumers, fostering customized product designs and streamlining supply chains [8] Material Composition - The resin segment dominates the synthetic leather market, holding over 84.5% of the total revenue share, primarily due to the advantages of resin materials in terms of cost-effectiveness and performance [11] - Polyurethane (PU) and polyvinyl chloride (PVC) are the leading materials for synthetic leather production, known for their quality and durability [12] Regional Insights - The Asia Pacific region holds over 40.40% of the global synthetic leather market, with China being the largest producer due to its manufacturing infrastructure and domestic demand [14] - India, South Korea, Taiwan, and Japan also contribute significantly to the market, each with unique strengths in production and technology [15] Investment Trends - Vietnam has attracted over $37 billion in foreign direct investment in its textile and garment industry, indicating its importance as a production hub for synthetic leather [16] - India's footwear industry, employing over 4 million workers, plays a crucial role in the synthetic leather market, with exports of leather and non-leather footwear reaching $5.7 billion in the 2024-2025 fiscal year [17] Key Players - Notable companies in the synthetic leather market include Achilles USA Inc., Asahi Kasei Corporation, and Toray Industries, among others [18]
Energem (ENCP) - Prospectus(update)
2026-01-12 21:31
As filed with the Securities and Exchange Commission on January 12, 2026 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Graphjet Technology (Exact name of registrant as specified in its charter) Cayman Islands 3620 N/A (State or other jurisdiction of incorporation or organization) (Primary standard industrial classification code number) (I.R.S. Employer Identification Number) Lot 3895, Lorong 6D, Kam ...
Graphjet Technology(GTI) - Prospectus(update)
2026-01-12 21:31
As filed with the Securities and Exchange Commission on January 12, 2026 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Graphjet Technology (Exact name of registrant as specified in its charter) Cayman Islands 3620 N/A (State or other jurisdiction of incorporation or organization) (Primary standard industrial classification code number) (I.R.S. Employer Identification Number) Lot 3895, Lorong 6D, Kam ...
Steakholder Foods: Twine Solutions Sells First TwineX1 System to TITV for Next-Generation Textile Application Development
Globenewswire· 2026-01-05 13:00
Core Insights - The TwineX1 is the world's only industrial, digital, waterless yarn and thread dyeing system, enabling instant custom color production directly on the production floor [1][2] - Steakholder Foods Ltd.'s subsidiary, Twine Solutions, has sold the first TwineX1 system to the Textile Research Institute of Thuringia (TITV), marking a significant milestone in sustainable thread manufacturing [2][4] Company Overview - Steakholder Foods specializes in alternative proteins and 3D printing technologies, with a focus on transforming the food industry through innovative production machines [9] - Twine Solutions disrupts the textile industry with proprietary waterless dyeing technology, allowing on-demand color application and reducing environmental impact [10] Technology and Innovation - The TwineX1 system is under 13 feet in length and integrates an end-to-end process for digitally dyeing and lubricating yarns, making them ready for industrial use [3] - The technology eliminates conventional dye baths, significantly reducing waste and environmental impact while enabling agile and sustainable production [3][10] Collaboration and Research - TITV plans to integrate the TwineX1 into its research environment to develop new applications for the textile industry, supporting sustainable models without compromising quality [4] - The collaboration reflects the growing demand for eco-conscious manufacturing solutions, allowing for tailored textile solutions and efficient use of raw materials [5] Funding and Support - The purchase of the TwineX1 by TITV was funded by the Free State of Thuringia and co-financed by the European Union under the European Regional Development Fund (ERDF) [5]
Volvo CE plans new crawler excavator plant in Sweden
Yahoo Finance· 2025-11-25 09:56
Core Insights - Volvo Construction Equipment (CE) is establishing a new crawler excavator assembly plant in Eskilstuna, Sweden, to enhance its operations in the European market [1] - The facility will cover 30,000m² and is projected to produce up to 3,500 medium and large crawler excavators annually, including electric and internal-combustion engine models ranging from 14 tonnes to 50 tonnes [1] - The investment for the Eskilstuna project is part of a larger Skr2.5 billion ($246.5 million) investment program aimed at increasing manufacturing capacities in South Korea, Sweden, and the US [2] Investment and Production Capacity - The company has allocated Skr700 million ($73.1 million) specifically for the Eskilstuna project [2] - The new plant aims to enhance production capacity and flexibility in Europe, allowing for a more effective response to market demand and reducing reliance on distant supply chains [2] - The initiative is expected to lead to shorter delivery times and lower transport-related carbon emissions [2] Strategic Importance - Volvo CE's head, Melker Jernberg, emphasized that this investment marks a new era for excavator production in Sweden and will reinforce the country's position in advanced sustainable manufacturing [3] - The project is anticipated to create local jobs, support skills development, and foster collaboration with Sweden's industrial suppliers and research partners [4] - The new facility is expected to strengthen Europe's innovation and engineering capabilities, enhancing industrial resilience in a competitive global market [5] Regulatory and Construction Timeline - The construction of the facility is contingent upon regulatory approvals for environmental and building permits [5] - If approved, groundwork could commence in the first half of 2026, with production expected to start within two years of construction activities beginning [6] - Eskilstuna was selected as the site due to its logistical advantages, available land, and the potential to provide a complete customer experience [6]
Lycra Opens Second, Now Largest, Spandex Plant in China
Yahoo Finance· 2025-11-18 17:30
Core Insights - The Lycra Company has opened its largest spandex production plant in the Ningxia Hui Autonomous Region of China, indicating a strategic expansion in the Chinese market [1][4]. Investment and Collaboration - The Yinchuan plant was established with an investment of 800 million Chinese renminbi ($112 million) in collaboration with the Yinchuan Financial Capital Investment Group, a state-owned entity focused on urban development [2]. Production Capacity and Economic Impact - The initial output capacity of the Ningxia plant is 30,000 tons of spandex, which is expected to create approximately 500 jobs and generate over 1 billion Chinese renminbi ($140.7 million) annually [3]. - The plant's capacity is projected to expand to over 120,000 tons per year to meet increasing demand and enhance supply chain efficiency [3]. Strategic Importance of China - China accounts for over 50% of the global apparel production market, making it a strategically important location for The Lycra Company [5]. - The new facility will help optimize the product mix and meet the rising demand for quality spandex in the Asia Pacific region [4][5]. Sustainability and Technological Advancements - The Yinchuan plant aims to establish a highly automated and intelligent production ecosystem, aligning with the company's sustainability framework to drive energy savings and reduce emissions [5]. - The facility will integrate the company's expert management teams and global R&D capabilities to advance manufacturing processes while ensuring environmental responsibility [5]. Existing Operations - The Yinchuan plant is the second facility in China for The Lycra Company, with the first being located in Foshan, Guangdong province, which has been operational since 2005 [6].
Northstar Enterprise + Defense Expands Leadership in Modular Data Centers with Owens Corning Collaboration and AI-Optimized Edge Infrastructure
Prnewswire· 2025-10-22 14:00
Core Insights - Northstar Enterprise + Defense is advancing its AI-optimized modular data center platform through collaborations with Owens Corning and other distributed computing companies, positioning itself in the growing edge AI and modular infrastructure market projected to reach $269.8 billion by 2032 [2][3] Collaboration and Innovation - The partnership with Owens Corning focuses on integrating advanced composite and insulation technologies into Northstar's Modular Data Center (MDC) product line, enhancing durability, insulation efficiency, and sustainability [2][3] - This collaboration aims to accelerate the transition to low-carbon, high-resilience infrastructure tailored for AI and defense applications [3] Deployment and Performance - Northstar has successfully deployed a modular disaster recovery network node for a major U.S. telecom provider and a full-scale modular data center for a Fortune 50 enterprise, demonstrating its capability to meet urgent demands with rapid deployment [4][5] - The AI-ready MDCs support compute densities up to 150kW per rack, facilitating high-throughput reinforcement learning and decentralized AI processing [5][6] Manufacturing and Sustainability - Northstar's MDCs are constructed using proprietary Fiber Reinforced Polymer (FRP) composites, making them up to 30% lighter than aluminum and deployable without heavy equipment [6][8] - Each MDC is designed for net-zero carbon manufacturing, contributing to reduced embedded emissions compared to traditional materials like steel or concrete [8][12] Security and Compliance - The next-generation mobile SCIF modular units are engineered to meet stringent security standards, ensuring protection against electronic, EMP, and cyber threats [8][9] - These modules are designed for easy transport and rapid deployment, enhancing operational efficiency in mission-critical environments [9][10] Strategic Vision - Northstar Technologies Group aims to integrate advanced materials and intelligent manufacturing across its business units, redefining the construction of mission-critical infrastructure [9][10] - The company emphasizes sustainability and American manufacturing leadership through its innovative approaches [10][12]
Qlychee Announces Global Launch of Eco‑Friendly Wooden Crafts Platform
Globenewswire· 2025-09-23 16:56
Core Insights - Qlychee has officially launched its international B2B platform, focusing on eco-friendly wooden crafts and streamlined sourcing solutions for global retailers, makers, designers, and wholesalers [1][4] - The company emphasizes a combination of traditional craftsmanship and modern production techniques to support both small businesses and large buyers [1][2] Product Offering - Qlychee's product catalog includes a variety of wooden items such as cutouts, signs, jewelry, ornaments, beads, bookmarks, keychains, coasters, trays, and cutting boards, all made from safe and responsibly sourced materials [2][7] - The company maintains rigorous quality control to meet international standards, catering specifically to family-facing retailers [2][7] Business Model - The business model is designed for flexibility and partnership, featuring an in-house design team that collaborates with clients to develop marketable product concepts [3][7] - Production lead times typically range from 30 to 60 days after design approval, depending on the complexity and order volume [3] Customization and Support - Qlychee offers low minimum order quantities starting at 2 units, allowing startups and niche shops to test new ideas without significant upfront investment [5] - The company provides OEM and ODM customization options for bespoke sizes, finishes, engravings, and packaging [5] - Dropshipping support is available to simplify fulfillment by sending orders directly to end customers, thereby reducing logistics overhead for retailers [5] Competitive Advantage - Qlychee aims to make high-quality wooden crafts accessible and affordable while ensuring environmental responsibility and consistent quality [6][7] - Competitive pricing and volume discounts are offered to make bulk procurement cost-effective for established distributors [5]