Business Wire

ISA TanTec To Launch COSM (Creation of Sustainable Materials) Division

16.10.2020 16:00:00 EEST | Business Wire | Press release

Share

ISA TanTec has established a successful track record of entering market segments with numerous sustainable product innovations, including leather cutting, leather trims and leather laces for the footwear, Iuxury and apparel markets. To continue the momentum, the group invests into new innovative technologies and additional sustainable materials to meet its customers' needs in response to current market trends. ISA TanTec now announces the launch of COSM (Creation of Sustainable Materials) Division, which specializes in the development and production of additional sustainable products alongside its leather production. The first two materials to launch under the new division are HyphaLite and VeraLite. The HyphaLite will be available in Q1 2021 while the VeraLite will be available in Q2 2021.

“For more than 2 years, we have been investigating and researching with scientists to build these new sustainable materials along with our unique ISA leathers,” said Thomas Schneider, Executive Chairman of the ISA TanTec Group.

All COSM products are made by following ISA TanTec’s LITETM manufacturing processes minimizing carbon footprint, water and chemical consumption. The HyphaLite and VeraLite are made from mushroom, mycelium and other plant based materials which are biodegradable. Mushrooms unsuitable for human consumption are used for the production. Following the principle of the circular economy, waste which occurs during the production of the materials, included but not limited to cutting waste, will be integrated back into the process.

“Mushrooms are an amazing, fast renewable natural organism. Due to its rapid growth, its feedstock availability is almost unlimited,” said Dr. Reiner Hengstmann, Vice President, Additional Materials of the ISA TanTec Group.

“In unprecedented times, we are paying even more attention and dedicating additional resources to innovation, creating a better future,” said Uwe Hutzler, Chief Executive Officer of the ISA TanTec Group.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Gillian Tang
Director Marketing & Public Relations, ISA TanTec
Tel. no. (Macau): +853-6263-0008
Fax no.: +853-2835-6319
ISA TanTec Limited
Avenida Da Praia Grande N 619
Comercial Si Toi 5 Andar 8, Macau
http://liteleather.com/

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Digital Reef Signs Offtake Agreement with Oreasoc Agriculture to Mitigate the Environmental Footprint of Data Centre Growth Through Rainforest Protection, Appointing Xange.com as Digital MRV Partner25.9.2026 22:19:00 EEST | Press release

At Climate Week NYC, Digital Reef and Oreasoc Agriculture Inc. sign an offtake agreement connecting Digital Reef’s 3.3 GW data centre pipeline with environmental assets exceeding 30 million hectares of South American Amazon rainforest, mitigating the environmental footprint of data centre growth through rainforest protection and restoration where Oreasoc works alongside local communities to protect biodiversity, develop sustainable economies and safeguard their territories. Xange.com are appointed as digital MRV technology partner to monitor the data centres and rainforest where Digital Reef will purchase verified environmental assets generated by Oreasoc, supporting the development of low-carbon data centres mitigating their environmental footprint through the protection of high-integrity natural ecosystems across the South American Amazon, whilst advancing sustainable economic development. AI and data centre demand is driving rapid growth, with the International Energy Agency project

NetApp Announces Intent to Acquire PEAK:AIO to Advance Scalable AI Infrastructure Architecture25.9.2026 16:00:00 EEST | Press release

NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced its intent to acquire PEAK:AIO, a pioneer in next-generation metadata architecture and high-performance parallel file systems. The planned acquisition is expected to accelerate NetApp's AI infrastructure roadmap by augmenting metadata services and parallel namespace innovation designed to help AI clouds scale shared storage alongside growing GPU clusters. As AI becomes embedded in every enterprise workload, organizations are confronting a new challenge: traditional storage architectures were not designed for the unprecedented scale, concurrency, and performance requirements of AI factories, AI clouds, and next-generation data-intensive applications. NetApp is building an architecture that disaggregates metadata from data and enables metadata services to scale independently, creating a foundation for AI infrastructure capable of supporting trillions of files, exabyte-scale environments, and massively pa

MultiBank Group Secures Two Awards at Forex Expo Dubai 202625.9.2026 15:57:00 EEST | Press release

MultiBank Group, one of the world’s largest financial derivatives institutions, received two awards during its participation at Forex Expo Dubai 2026, held on 22 and 23 September at Dubai World Trade Centre. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260925539591/en/ MultiBank Group was named “Best Global Institutional Financial Ecosystem of the Year” and received the award for “Excellence in Global Financial Markets Innovation and Community Impact.” The Group was named “Best Global Institutional Financial Ecosystem of the Year” and received the award for “Excellence in Global Financial Markets Innovation and Community Impact.” The first award recognised the strength and breadth of MultiBank Group’s global institutional offering, which brings together trading, liquidity, technology, infrastructure, execution, market access and tailored client solutions within an integrated financial ecosystem. The second award acknowledg

Croma-Pharma Introduces saypha ® volume prime Lidocaine25.9.2026 15:04:00 EEST | Press release

Croma-Pharma introduces saypha® volume prime Lidocaine, a cross-linked hyaluronic acid dermal filler that replaces saypha® volume Lidocaine within the company's saypha® portfolio. The new product offers physicians a more versatile solution with expanded indications for both midface volumization and nasolabial folds, backed by strong clinical data. 1,2 saypha® volume prime Lidocaine demonstrated non-inferiority to comparatora in a randomized, subject- and evaluator-blinded, controlled, non-inferiority multicenter, parallel group comparison study with almost 500 patients.2 In the clinical evaluation, a high patient satisfaction highlights improved midface fullness, smoothness and contour, consistent with a rheologic profile designed to provide volumization in the mobile midface.b,2 With saypha® volume prime Lidocaine, Croma-Pharma further strengthens its product range, reflecting the company's long-standing commitment to scientific excellence and continuous product innovation, and provid

Abacus Global Management Completes Landmark $400 Million Securitization25.9.2026 15:00:00 EEST | Press release

Abacus Global Management, Inc. (“Abacus” or the “Company”) (NYSE: ABX), a financial services company specializing in alternative asset management, with a focus on longevity-based assets and personalized financial planning, today announced the closing of a dual-tranche securitization collateralized by a diversified portfolio of life insurance policies. The total structure is valued at over $400 million including the Class A and Class B notes and the residual interest. The notes have received an investment-grade rating from a third-party rating agency. The offering was oversubscribed and was upsized in response to investor demand. Abacus expects to use the net proceeds from the transaction to support continued policy origination and fund general corporate purposes. More fundamentally, this transaction advances the growth of the Company's asset management business. In the transaction, a special-purchase vehicle issued investment-grade notes backed by a pool of policies, which the Company

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye