LUMINE, the new line under the Morel brand of biodegradable fabrics meant for the luxury fashion segment focused on sustainability, is growing strongly
Industrie Chimiche Forestali SpA (“ICF”) – one of the reference company at national and international level in the design, production and marketing of high-tech adhesives and fabrics, listed on the Euronext Crescita Milano market, organized and managed by the Italian Stock Exchange – has announced to have successfully completed the integration of Morel with the relocation and revamping of plants, machinery and company equipment within the Group headquarters, in full compliance with ESG standards. Morel’s employees have been integrated within ICF’s staff, already counting 125 workers.
In the 4 months following the acquirement, ICF kept on unceasingly sell the entire range of Morel products to customers, also enhancing the new line of biodegradable products “LUMINE”, developed for the luxury footwear fashion segment, and extremely committed to sustainability; the feedback from the market was more than positive. The new line is added to the Group’s product portfolio, so to meet the most demanding needs of customers, in full compliance with sustainability.
ICF also declared that the GRS (Global Recycle Standard) certification has been renewed for the entire range of products, confirming the Company’s constant commitment to reducing the environmental impact and to an increasingly sustainable economy. The audit for the GRS certification was extended to all Morel brand products as well.
Guido Cami, CEO of Industrie Chimiche Forestali, stated: “We are pleased to have started production in such a short time to market the entire range of Morel products, featured by high technical characteristics and high- quality raw materials. In addition, the renewal of the GRS certification for our entire line of textiles, both under Forestali and Morel brands, represents a further step towards Forestali’s “green” entrepreneurial approach. We believe that the integration of ESG policies into our development process, in addition to let us grow “healthier”, will let us to get positive results for the community and the environment. We are convinced that an all-round sustainability is an investment for everyone’s future as well as a shared value for all the stakeholders with whom we dialogue, both inside and outside the company.”
Some of the products under the Morel brand, recently acquired by ICF