logo
Material World: Circ Secures 5-Year Partner, Sodra's Tannin Arms Call

Material World: Circ Secures 5-Year Partner, Sodra's Tannin Arms Call

Yahoo17-04-2025

Material World is a weekly roundup of innovations and ideas within the materials sector, covering news from emerging biomaterials and alternative leathers to sustainable substitutes and future-proof fibers.
Textile-to-textile recycler Circ has entered a long-term partnership with Acegreen Eco-Material Technology Co., a producer of cellulose filament products, to establish a commercial agreement to accelerate the textile industry's adoption of circular materials.
More from Sourcing Journal
Can Plants Replace Petroleum? Biobased Nylon Innovators Say Yes
MAS-Holdings' Twinery is an 'Innovation Powerhouse' for Textile Technologies
Suzano Backs Simplifyber as Spinnova Signals a Scale Back
Acegreen committed to purchasing Circ's recycled pulp and polyester as part of their strategic partnership.
'Acegreen was one of the first to work with us, and they've played an important role in advancing our technology and bringing it to market,' said Peter Majeranowski, CEO of Circ. 'They've integrated our recycled pulp and polyester into their filament production and are helping demonstrate how next-gen materials can scale. Their ability to move quickly and adapt is a great example of how great partners can accelerate real progress toward circularity.'
The agreement stipulates that Acegreen committed to purchase Circ's pulp over five years from Circ's first commercial-scale facility, which secured $25 million last month during an oversubscribed funding round led by Taranis. The recycled pulp will be used to produce pre-specified lyocell fibers, which brands can integrate into their supply chains. Additionally, Acegreen's parent company, Acelon, committed to procuring Circ Polyester over the same five-year period to 'support polyester filament production,' the partners said, and 'further diversify the application' of Circ's recycled offerings.
'This collaboration reflects our deep commitment to advancing sustainable fiber production and contributing to the future of a circular textile economy,' said Roger Chou, CEO of Acegreen. 'By working alongside Circ, we are not only securing a steady supply of innovative recycled materials but also reinforcing our dedication to reducing waste and promoting resource efficiency in the textile industry.'
Sustainable materials company Modern Meadow has partnered with carry brand Bellroy. The Australian B Corp will feature Modern Meadow's Innovera biomaterial (formerly known as Bio-Vera) to produce select products.
'We create biomaterials that help companies like Bellroy bring high-quality, sustainable products to market,' said David Williamson, CEO of Modern Meadow. 'By incorporating Innovera into accessories, Bellroy can offer carry products that are beautiful, functional and better for the planet. Given its durability, Innovera's particularly well-suited for high-wear applications.'
Engineered with plant-based proteins, biopolymers and post-consumer waste, Innovera features 80 percent renewable carbon content with twice the strength as traditional leather. The recyclable material mimics the look and feel of collagen within animal leather in various colors, haptics and finishes, Modern Meadow said.
'We're committed to supporting materials that have potential to solve very real environmental issues, without causing negative impacts elsewhere,' said Bellroy co-founder, Andy Fallshaw. 'We believe Innovera helps mitigate important waste streams and exceeds traditional leathers in many tangible performance aspects. From improved durability to highly tunable aesthetic and tactile traits, we're excited to bring this compelling material to customers worldwide.'
Under Armour and Unless Collective shared the stage in Italy this week to drop a regenerative sportswear collection.
'As a brand that has consistently disrupted the industry, we are prepared to do it again,' said Eric Liedtke, Under Armour's brand president (and founder of Unless Collective). 'Our unique and innovative approach represents a significant shift from the traditional production cycle, which often relies heavily on plastics and generates waste.'
Following the Neolast developer's acquisition of Unless Collective last August, the two brands hard-launched at Milan Design Week's Fuorisalone, the annual event's decentralized exhibitions throughout the country's moral capital. The resulting Under Armour x Unless collection marks the first collaboration between the pair.
'Regenerative design isn't a limitation—it's an evolution,' said Tara Moss, co-founder and chief marketing officer of Unless Collective. 'People want to look good, feel good and do good for the planet. We're proving that you don't have to choose between high design, high quality, and high impact. The future of sportswear is culture-driven, design-forward, and created for those who care about fashion and the planet's future.'
Designed for movement and meant to return to the planet, the regenerative collection features basics, like hoodies and T-shirts, for $30-$160.
'By using only plant-based materials, this regenerative sportswear collection is designed to decompose rather than pollute,' Liedtke said. 'Representing a revolutionary advancement in reimagining the future of product creation in our industry, with an innovative commitment that honors both athletes and the planet.'
Sanko Group's circular venture Re&Up Recycling Technologies has partnered with Marchi & Fildi to co-develop a 'new generation' of recycled cotton yarns. The strategic collaborators, still at the pre-industrial stage, will combine the former's textile-to-textile recycling technology with the latter's yarn development and manufacturing expertise.
'Partnering with Marchi & Fildi means joining forces with a company that shares our commitment to quality, innovation and circular transformation,' said Marco Lucietti, head of global marketing and communications at Re&Up. 'This collaboration allows us to push the boundaries of what's possible with recycled cotton fibers and move one step closer to making next-gen yarns a scalable reality for the entire industry.'
As the project is working to 'reach all levels of the textile value chain,' the recycled cotton fibers used will be sourced from Re&Up's integrated process that turns post-consumer waste into raw materials ready for industrial use. By merging recycling technology with yarn development, the companies hope to 'lay the groundwork' for scalable solutions applicable across the value chain.
'The evolution of our yarns from recycled fibers requires continuous investment in technical expertise and advanced technologies,' said Alberto Grosso, business development manager of Marchi & Fildi Group. 'What truly makes the difference are synergies with partners like Re&Up, who share our vision of quality and circularity, opening new opportunities for joint development.'
As Södra works to add tannin to its range of forest-based products, the Swedish pulp producer is seeking partners to develop novel polyphenol-based sustainable alternatives to fossil products across various applications.
The call to arms follows Södra's investment into a production line creating vegetable tanning agent from bark at its Värö facility in Sweden. Ideally, this new tannin—tapping tree bark for the polyphenol oligomers and polymers present in plant tissues—can be used to process leather in a more environmentally friendly way, the OnceMore developer said, with the capacity to produce 'millions of square meters' of leather.
'Now is the time to unite and maximize the potential of every tree, exploring innovative applications for tannin collaboratively,' said Viktor Odenbrink, sales director for Södra Bioproducts. 'Together, we can develop fossil-free products and contribute to a more sustainable future.'
While 'using bark for tanning is not new,' the industrialization of this process—aka when the 'tanning substance is extracted from the bark and transformed into a product for tanning leather,' per Södra—is, which is why the forest-owner association is 'open to possible new markets where this sustainable tannin could be used to do good,' within or outside of the leather industry.
Italian footwear brand P448 launched its third invasive fish leather capsule with the bluestripe snapper, known locally in Hawaii by its Tahitian name, ta'ape). Under the brand's 'Project Sustainability' umbrella, the Spring 2025 collection follows previous invasive fish drops (including the lionfish and carp) working to bring awareness to the harm the species poses to Hawaii's ecosystems.
'We see using the skins of invasive species in our footwear as an opportunity to help prevent future environmental degradation, while repurposing existing resources and replacing other materials in the process,' said Wayne Kulkin, CEO of P448.
In partnership with environmental nonprofit Conservation International, P448 sourced 2,000 bluestripe snapper skins from the island of Molokai for the collection, which builds off the Ta'ape Project. This earlier effort—launched in 2020 by Conservation International Hawaii with local nonprofit Chef Hui—works to encourage consumption of the invasive reef fish to support the local economy, improve the island's food security and reduce the species' environmental impact, P448 said.
'Throughout the globe, climate change is expected to exacerbate the impacts of invasive species. We need to be developing solutions to address this challenge while meeting other growing needs such as food security and community resilience,' said Matt Ramsey, senior director of Conservation International's Hawaii program. 'By removing ta'ape, the initiative benefits Hawaii's native marine life, feeds communities, and supports the local economy. Additionally with the lack of government-led programs to tackle the challenge of ta'ape, this initiative directly addresses these gaps.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bio-Techne, USP Partner to Enhance Monoclonal Antibody, Gene Therapy Development
Bio-Techne, USP Partner to Enhance Monoclonal Antibody, Gene Therapy Development

Yahoo

timea day ago

  • Yahoo

Bio-Techne, USP Partner to Enhance Monoclonal Antibody, Gene Therapy Development

Bio-Techne Corporation (NASDAQ:TECH) is one of the best S&P 500 stocks with huge upside potential. On June 24, Bio-Techne Corporation announced a distribution agreement with the US Pharmacopeia/USP. The collaboration allows Bio-Techne to sell USP monoclonal antibody/mAb and recombinant adeno-associated virus/AAV reference standards alongside its analytical solutions, like the Maurice system, to support the global development of monoclonal antibody and gene therapy products. Over 160 antibody therapies targeting ~100 diseases have been approved worldwide. The expiration of mAb patent protections and the emergence of biosimilar versions further emphasize the need for rigorous testing of critical quality attributes throughout the development and manufacturing processes for product safety and efficacy. A team of scientists wearing lab coats and protective eyewear in a research laboratory, intently looking into microscopes and analyzing results. The USP mAb and AAV reference standards are compatible with Bio-Techne's analytical instruments, such as the MauriceFlex system. By combining these standards with Bio-Techne's rapid, user-friendly, and multi-functional analytics, therapy manufacturers can achieve reliable, efficient, and integrated characterization for purity, charge, size, and identity applications for complex biologics, from the initial development phases through to product release. Bio-Techne Corporation (NASDAQ:TECH) develops, manufactures, and sells life science reagents, instruments, and services for the research, diagnostics, and bioprocessing markets worldwide. While we acknowledge the potential of TECH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Is Bio-Techne Stock Underperforming the Nasdaq?
Is Bio-Techne Stock Underperforming the Nasdaq?

Yahoo

time2 days ago

  • Yahoo

Is Bio-Techne Stock Underperforming the Nasdaq?

Bio-Techne Corporation (TECH), headquartered in Minneapolis, Minnesota, develops, manufactures, and sells life science reagents, instruments, and services for the research, diagnostics, and bioprocessing markets. Valued at $7.7 billion by market cap, the company specializes in proteins, cytokines, growth factors, immunoassays and small molecules. Companies worth $2 billion or more are generally described as 'mid-cap stocks,' and TECH perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the biotechnology industry. TECH's commitment to innovation, strategic acquisitions, and global presence positions it for continued success. With a strong domestic foothold and international expansion opportunities, TECH is well-equipped to maintain its market share and drive growth. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Despite its notable strength, TECH slipped 40.2% from its 52-week high of $83.62, achieved on Jul. 31, 2024. Over the past three months, TECH stock fell 18.1%, considerably underperforming the Nasdaq Composite's ($NASX) 9.5% gains during the same time frame. In the longer term, shares of TECH dipped 30.6% on a YTD basis and fell 32.9% over the past 52 weeks, significantly underperforming NASX's YTD gains of 3.1% and 13.8% returns over the last year. To confirm the bearish trend, TECH has been trading below its 200-day moving average since early February. However, the stock has been trading above its 50-day moving average since early June, with a minor fluctuation. Bio-Techne faces headwinds from macroeconomic volatility, including rising raw materials and labor costs, as well as global tariffs impacting margins. The company is also experiencing industry-wide spending constraints, reduced customer projects, and extended sales cycles, particularly in China where its instrument business is struggling. Additionally, proposed NIH funding cuts have introduced uncertainty, although management believes the likelihood of such cuts is low. On May 7, TECH shares closed up more than 2% after reporting its Q3 results. Its adjusted EPS of $0.56 beat Wall Street expectations of $0.51. The company's revenue was $316.2 million, surpassing Wall Street forecasts of $315.2 million. In the competitive arena of biotechnology, Adaptive Biotechnologies Corporation (ADPT) has taken the lead over TECH, showing resilience with 77.7% gains on a YTD basis and 223.7% returns over the past 52 weeks. Wall Street analysts are moderately bullish on TECH's prospects. The stock has a consensus 'Moderate Buy' rating from the 14 analysts covering it, and the mean price target of $66.17 suggests a potential upside of 32.3% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

Innovation is Taking Root, Canopy's Hot Button Impact Assessment Reports
Innovation is Taking Root, Canopy's Hot Button Impact Assessment Reports

Yahoo

time2 days ago

  • Yahoo

Innovation is Taking Root, Canopy's Hot Button Impact Assessment Reports

Ten years ago, the sourcing practices behind man-made cellulosic fibers (MMCFs)—think viscose, rayon, lyocell—were 'largely out of view,' Canopy claims, tucked deep in global supply chains and free from industry scrutiny, heavily influencing the not-for-profit's Hot Button Ranking system that debuted in 2016. 'The supply chain was opaque; there was little independent data, no shared performance standard, and limiting understanding of what responsible MMCF sourcing should look like,' a new report from Canopy reads. 'This has changed dramatically.' More from Sourcing Journal Material World: Modern Meadow's Innovera Goes Global EXCLUSIVE: Feben's Mini Twist Finds Pulp Friction With OnceMore Material World: Celebrate Biological Diversity Day With Carp Couture Considering the MMCF sector's supply chain 'unprecedented' transformations over the past decade, the 'From Risk to Resilience: 10 Years of Shifting the MMCF Supply Chain' impact report takes stock of the 'seismic changes' that have occurred, the market signals emerging and the work still ahead. 'In the first years of the Hot Button Report, most MMCF producers fell into the Red or Yellow Shirt categories—ratings that point to elevated risk, limited transparency, and/or a lack of clear sourcing commitments,' the report reads. 'By 2024, the picture has shifted dramatically, with more than 70 percent of producers assessed now holding green or dark green ratings—a reflection of both improved performance and greater participation in the evaluation process.' For context, these scores are given out of 40 potential 'buttons' and translated into a color-coded shirt rating system, ranging from red (high risk) to dark green (leading performance and lower risk). This 'visual shorthand' has become a way for procurement teams to identify preferred suppliers, Canopy said. So much so, the Hot Button Report now tracks 97.5 percent of global MMCF production, up from around 75 percent in 2016—indicating broader industry engagement and transparency. 'We've seen what's possible when brands and producers galvanize around clear performance expectations,' Nicole Rycroft, founder and executive director of Canopy, said in the report. 'The Hot Button Report creates that common reference point for the viscose and MMCF value chain—and it's helping shape how decisions get made and forests get protected.' While initially deemed far-fetched by most producers, per the report, next-gen production is growing. Though these solutions—spanning fibers made from recycled textiles, agricultural residues and other low-impact alternatives—have (largely) yet to launch commercial-scale products, the Hot Button Report directs brands to producers investing in lower-impact innovation rather than determining the solutions that producers should adopt. As of this month, Canopy reported 12 producers have launched commercial-scale next-gen fiber lines 'with early leaders such as Lenzing, Aditya Birla and Sanyou.' Four producers—Jilin Chemical Fiber, Bailu Group, Yibin Grace and Tangshan Sanyou—launched in-house next-gen MMCF and/or pulp capacity. As such, Canopy estimates that next-gen production over the next decade could divert about 34 million metric tons of textile waste from landfills, equivalent to seven Great Pyramids, 721 Titanic ships and over 3,300 Eiffel Towers. While the report confirmed that 'change is happening, sustaining that progress will take shared and concerted commitment.' Producers need to 'deepen traceability of materials all the way back to the forest of origin,' per the report, by scaling the use (and production) of lower-impact fibers and increasing FSC-certified inputs where wood is needed. For the sector at large, this means understanding that gains—while good—are not guaranteed. For producers, 'keeping forests standing' requires 'consistent follow-through' and 'clear market signals' reinforcing the shift to lower-impact sourcing, Canopy said. Brands, meanwhile, must 'turn commitments into action' by developing strong, measurable targets for the adoption of next-gen materials—and integrating those fibers into their supply chains. The report also highlighted the growth of CanopyStyle. The number of brand partners jumped from '65 in 2016 to over 550 at present,' demonstrating growing market demand for responsibly sourced MMCF. The ranking's credibility is underpinned by 'verifiable data, including third-party audits,' with over 35 audits completed and made publicly available across 11 countries, covering 'more than 75 percent of the producers assessed.' 'The results of nearly 10 years of MMCF producer engagement and data analysis tell a story of significant and meaningful change in supplier transparency, sourcing policy uptake, and investment in next-gen materials,' the report reads. 'While not comprehensively capturing all progress in the field, the Hot Button Report offers a distinct vantage point—one shaped by producer disclosure and brand engagement and informed by ongoing third-party audits.' Canopy shared plans to drop its 10th Hot Button Report before COP30 during the last quarter of 2025. That upcoming edition will not only benchmark the sector's standing but also serve as a 'testament to collective action,' with future demands including deeper investments in next-gen, stronger traceability and conservation strategies embedded throughout the supply chain. 'The path forward is clear,' Canopy said. 'The pace of progress will define the decade ahead.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store