Business
Lenzing Group reports solid results in a demanding market environment
The Lenzing Group generated solid results in a challenging market environment in the first half of 2018. The decline in revenue and earnings compared with the first half of the previous year, which was the best half-year in the company’s history, was based on a mix of volatile prices for standard viscose and price increases for key raw materials, coupled with currency effects.
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“We achieved another quarter of excellent performance, recording strong growth in orders, sales and operating profitability,” said Dr. Roland Fischer, CEO Oerlikon Group. “ Our Manmade Fibers Segment recorded another quarter of strong results, substantially increasing both orders and sales and significantly improving EBITDA margin."
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Durst, an inkjet pioneer and manufacturer of advanced digital production technologies, has helped Gabel Group to transform its retail business and open up more export trade in a partnership approach. A major household linen producer and retailer based in the heart of Italy's textile area, Gabel has invested in Durst's Alpha 330 super high-performance multi-pass printer with the One-Step Greentex P ink.
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RadiciGroup is committed to continuously enlarge its products portfolio and capacities for the benefit and support of its valued business partners. Due to the growing of its global businesses and the aim to provide the most efficient and cost-effective services possible, RadiciGroup Comfort Fibres Business Area is delighted to announce a Yarn Twisting capacity expansion in its manufacturing facility at SC Yarnea srl Savinesti (Romania).
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The order intake index for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for April-June 2018 period fell by 15% compared to the same period for 2017. The index value stood at 103.4 basis points (2015 basis = 100).
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Destined to be the heart of the spinning mill
For decades the USTER® Tester has been the indispensable driver of quality in yarn manufacturing and celebrates its 70th anniversary this year, and its unique reputation as a driver of textile quality worldwide is stronger than ever. Even in its earliest version, this remarkable instrument was a big hit with spinning mills, inspiring a new focus on yarn quality.
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SPGPrints wins patent case
SPGPrints wins patent nullification case against MS/Dover in Dutch court.
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Business
RUAG deepens cooperation with Oerlikon to achieve serial production of 3D printed components for space
Oerlikon (SIX: OERL), a leading technology and engineering group, and RUAG Space, a division of the technology Group RUAG, will sign a Memorandum of Understanding today during the Farnborough Airshow to qualify and accelerate series production of 3D printed space components.
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Inauguration of the new BRÜCKNER production facility in Tittmoning
On Saturday, 23 June 2018 the new production facility of BRÜCKNER, the world market leader in dry finishing machines for textiles and technical textiles, was officially opened in Tittmoning, Bavaria. Representatives from politics, the church, banks and industry were present when Regina Brückner inaugurated the new, generously dimensioned production plant together with Dr. Peter Ramsauer, former Minister of Transport and approx. 800 other guests.
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Weaving machines sales exceeding expectations
Itema Group, the leading global provider of advanced weaving solutions, including best-in-class weaving machines, spare parts and integrated services, announced its results for the first quarter of 2018, once again confirming the Group constant growth over the past few years. The turnover amounted to €80.5 million in the first quarter of 2018, increasing by +15% compared to same period last year.
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Business
Oerlikon Manmade Fibers Segment focuses on filament, staple fiber and nonwovens
Oerlikon announced today that the company will continue to align their Manmade Fibers Segment product portfolio with the future of innovative Industry 4.0 plant solutions putting greater focus on their core business of filament, staple fiber and nonwovens. As a result, the corporate group will divest their technology solutions for tape and monofilament plants.
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Sandler reports 10 % increase in turnover
Sandler AG from Schwarzenbach an der Saale achieved a 10 % increase in turnover in 2017, reporting sales of 319 million Euro. Employing a team of 820 staff members, the nonwovens manufacturer continued to expand its international position as a partner of global market leaders in construction, engineering, filtration, home textiles, hygiene, transportation and wipes.
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Oerlikon secures two major contracts for manmade fibers solutions
Oerlikon has been awarded two large orders from two of the top 10 global manmade fibers manufacturers. Both companies are located in China. The orders include Oerlikon Barmag’s leading yarn spinning technology for efficient and sustainable polyester production. The two contracts have a total value of approximately CHF 540 million (Euro 460 million), and the solutions will be delivered in 2019 and 2020.
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