Adidas is turning plastic ocean waste into sneakers and sportswear

Business Insider | September 02, 2019

Adidas makes over 400 million pairs of shoes every year. Manufacturing that many shoes requires a lot of resources. But constantly creating new materials isn't great for the environment. So Adidas is turning to a different source. Experts predict that in 30 years, there will be more plastic in our oceans than fish. And one study estimates that 90% of seabirds have consumed some form of plastic waste. All that pollution on beaches and in the ocean is harmful to both marine life and humans. So Adidas is trying to stop some of that plastic before it reaches the ocean. In 2015, Adidas partnered with the environmental organization Parley for the Oceans. Their goal? To turn marine pollution into sportswear. And they've made huge progress.

Spotlight

Discover the changes impacting the manufacturing landscape and explore four shifts which are creating new opportunities. The changing economics of production and distribution, along with shifts in consumer demand and the emergence of “smart” products, are pushing manufacturers to explore radically new ways of creating and capturing value.

Spotlight

Discover the changes impacting the manufacturing landscape and explore four shifts which are creating new opportunities. The changing economics of production and distribution, along with shifts in consumer demand and the emergence of “smart” products, are pushing manufacturers to explore radically new ways of creating and capturing value.

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MANUFACTURING TECHNOLOGY

Tianma Invests in New Display Module Production Line

Tianma | July 25, 2022

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MANUFACTURING TECHNOLOGY

Dispelix Announces R&D Partnership with JBD for Multiple, Next-Generation AR Glasses Reference Designs

Dispelix | June 07, 2022

DispelixTM (Espoo), a pioneer in the design and manufacture of next-generation diffractive waveguides, recently announced that it has been working on a family of new reference designs for Augmented Reality (AR) glasses and headsets with respected AR light engine supplier Jade Bird Displays (JBD), for a long time. The new designs combine JBD's cutting-edge MicroLED projectors with the Dispelix LED - an industry-leading pantoscopic waveguide with a superior nanotech coating developed through rigorous collaboration. JBD and Dispelix have combined their expertise in MicroLED displays, light engines, and diffractive waveguide combiners, with at least one cutting-edge model combining binocular waveguides with polychrome MicroLED projectors on the horizon. JBD's AmLEDTM MicroLED projectors for smart eyewear were used in the flagship reference design, and monochrome and various polychrome projector development kits are also available. All of these are intended to assist OEMs and partners in the creation, evaluation, and prototyping of branded smart eyewear (as well as other Augmented Reality (AR) products and solutions) more quickly. The monochromatic projector has a capacity of 0.35cc, a FOV of 30°, a nominal weight of 0.60 grams, and comes in red, green, and blue. It can be used for monochrome smart eyeglasses development or polychrome applications in RGB waveguides with numerous input couplers. The polychrome projector is only 1.3cc in capacity, has a 30° FOV, and weighs 2.3 grams nominally. An x-cube prism is used in the polychrome module projector to merge pictures from three monochrome panels mounted to the faces of the X-cube prism. Both monochrome and polychrome projectors have infinite focus. JBD has launched a number of innovative MicroLED display and projector solutions that are designed into end products such as smart glasses, holographic sights, and sports AR goggles. We are currently expanding our production facilities to support the unprecedented demand for our MicroLED displays and projectors, Our success has only been made possible with the launch of concurrent innovative solutions by our partners, and a stellar example is the Dispelix LED waveguide. Our polychrome projector combined with the LED waveguide will enable OEMs to rapidly turn around small form factor and aesthetically-pleasing AR wearables that are suitable for all day use." Dr. Qiming Li, CEO & Founder of JBD.

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MANUFACTURING TECHNOLOGY

United Poly Systems Acquired by Atkore Inc.

Atkore | June 23, 2022

Atkore Inc. today announced the acquisition of United Poly Systems, a manufacturer of High Density Polyethylene (HDPE) pressure pipe and conduit serving the telecom, water infrastructure, renewables, and energy markets. We are pleased to complete the acquisition of United Poly Systems, which strengthens Atkore’s product portfolio, expands our manufacturing capacity and further enables us to meet HDPE customers’ needs, HDPE pipe and conduit is a growing market that is expected to benefit from U.S. infrastructure legislation, and United Poly Systems is a great addition to Atkore. We welcome these employees and look forward to working together to continue to serve and support our customers.” John Pregenzer, President of Atkore’s Electrical business. The acquisition of United Poly Systems advances our objective announced in November 2021 to deploy more than $1 billion in cash toward capital expenditures and other organic investments, M&A and stock repurchases over the next two to three years to drive growth and enhance value for shareholders. United Poly Systems exemplifies our approach to acquiring strong businesses in key end markets that will enable us to maintain and expand our leadership position in the marketplace.” Bill Waltz, Atkore President and CEO. The company notes that United Poly Systems is the company's fourth acquisition in Fiscal Year 2022 and has invested more than $250 million in M&A over the last six months. United Poly Systems employs approximately 160 people at its manufacturing facilities in Springfield, Missouri and Albuquerque, New Mexico. It will remain open at both locations. Industrial Opportunity Partners, an operations-focused private equity firm based in Evanston, Illinois, previously owned United Poly Systems.

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