Spinning
55 years of collaboration: Parkdale and Trützschler’s ongoing partnership
Parkdale is a top global provider of spun yarns – and a top partner for Trützschler too. The collaboration stretches back more than 50 years and is now gathering momentum for the future, driven by the shared focus on continuous improvement for quality, innovation and sustainability. The latest step forward for this long customer relationship? The SUPERTIP card clothing wire.
...moreSpinning
Industrial yarn producer sees growth potential in tire cord sector
The Chinese Junma Group has expanded its HMLS capacities by 20 positions, hence becoming one of the largest tire cord manufacturers in China. At present, the company has 64 positions of HMLS systems, all of which are from Oerlikon Barmag.
...moreSpinning
Rieter appoints Emmanuelle Gmür as Chief Human Resources Officer and Member of the Group Executive Committee
The Board of Directors of Rieter Holding Ltd. has appointed Emmanuelle Gmür to the Group Executive Committee of the Rieter Group with effect from January 1, 2025. As Chief Human Resources Officer, she succeeds Tom Ban, who has decided to pursue his career outside Rieter.
...moreSpinning
Reifenhäuser opens new Head Office Asia-Pacific in Bangkok
Reifenhäuser, leading global supplier of plastics extrusion technology, has opened its new Head Office Asia-Pacific in Bangkok (Thailand). In future, all sales, service and after-market activities for the Southeast Asian region will be managed centrally from Bangkok.
...moreSpinning
Oerlikon reports third quarter 2024 results, highlights strong execution in a challenging market landscape
In the third quarter of 2024, Oerlikon reported a stable operational Group EBITDA margin, despite challenging market conditions, thanks to a focus on pricing, cost management, and efficiency across both divisions. Group order intake saw a 4% year-over-year decline at constant FX, attributed to temporary market softness in Surface Solutions, while orders in Polymer Processing Solutions showed signs of stabilization.
...moreSpinning
Ibrahim Fibres from Pakistan orders new cards for a flagship project
Ibrahim Fibres operates nearly 200 Trützschler cards, which is more than any other business in Pakistan. The leading yarn and Polyester Staple Fiber (PS) manufacturer has partnered with Trützschler for over two decades - and recently wanted to start processing long polyester and viscose fibers. It's an unusual request that brings unique challenges. The Trützschler R&D team worked closely with the customer to find the optimal solution: The TC 30Si carding machine.
...moreSpinning
Successful at ITMA Asia 2024 - Saurer's technology highlights
At ITMA Asia 2024, Saurer's new products were very popular and in the focus of visitor interest. Investment in new equipment seems to be on the rise and Saurer was positively surprised by the number and quality of visitors as well as the deals closed during the exhibition. Overall, visitors showed great interest in all the Saurer innovations designed to contribute to the future of textile technology and yarn production.
...more
Spinning
Rieter, ARISE IIP, and Afreximbank sign framework agreement for Africa Textile Renaissance Plan
ARISE IIP, the pan-African developer and operator of world-class industrial parks, has partnered with African Export-Import Bank (Afreximbank) and Rieter, the world’s leading supplier of systems for manufacturing yarn from staple fibers in spinning mills. The unprecedented partnership will spearhead the “Africa Textile Renaissance Plan” – a transformative initiative aimed at revitalizing the continent’s textile sector. This ambitious project will leverage ARISE’s extensive network of industrial parks to support a new era of textile manufacturing in Africa.
...moreSpinning
Sinowin commissions first 8-end PA66 tire yarn plant
Sinowin Chemical Fibers is the first PA66 industrial yarn producer in the Chinese province of Henan to commission 12 positions of an 8-end tire yarn plant from Oerlikon Barmag. The airbag and tire yarn specialist is thus reaffirming its commitment to the growth market of automotive textiles. The 8-end concept, which is unique on the market, scores above all with its energy efficiency and cost-effectiveness.
...moreSpinning
Rieter places bond for a total of CHF 65 Million
Rieter has today placed a bond of CHF 65 million with a term of five years and a coupon of 3.5%. The net proceeds of the issue will be used for general corporate purposes. “The bond also extends the maturity profile of our debt financing and increases the diversification of the investor base as well as our strategic flexibility,” said Oliver Streuli, Rieter Group CFO.
...more
News of the last month
Spinning
Oerlikon Manmade Fibers Solutions continues to rely on online training center
One year after the BCF module of the Digital Academy went live, Oerlikon Manmade Fibers Solutions draws a positive balance. Feedback from US carpet yarn manufacturers already using the portal shows that the company has taken the right approach with the offering.
...moreSpinning
BCF yarn producer Sitong expands polyester capacities
The Chinese carpet yarn manufacturer Zhejiang Sitong New Material Technology Co., Ltd. is expanding its polyester capacities with the commissioning of an Oerlikon Neumag BCF system of the BCF S+ type. This will enable the company to ensure a balanced production of polyester, polyamide and polypropylene yarns.
...moreSpinning
Rieter's new machine business will decline dramatically in 2024
The market environment in the reporting period was characterized by restrained investment in new machinery in almost all regions except China. Demand for consumables, wear & tear and spare parts weakened slightly due to the low spinning mill capacity utilization. The noticeable downturn in consumer sentiment had a further dampening effect throughout the entire textile value chain.
...more