Spinning

2024-11-14

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.

...more

Spinning

2024-11-11

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.

...more

Spinning

2024-11-07

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

2024-11-07

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.

...more

Spinning

2024-11-07

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.

...more

Spinning

2024-10-31

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

Spinning

2024-10-24

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.

...more
 

Spinning

2024-10-24

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.

...more
            

Spinning

2024-10-24

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
            

Spinning

2024-10-17

Groz-Beckert at the ITMA Asia + CITME 2024 in Shanghai

The ITMA ASIA + CITME 2024 is in full swing and Groz-Beckert is presenting the highlights and innovations of its six product areas – Knitting, Weaving, Nonwovens, Tufting, Sewing and Spinning – in Hall H4, Booth C04.

...more
News of the last month

Spinning

2024-10-17

Rieter Ring Spinning System powers Beste’s fully traceable supply chain

The innovative Italian textile company Beste Spa has placed an order for a complete Rieter ring spinning system. The latest Rieter technology, in conjunction with digitization and automation solutions, will support Beste in setting up the entire textile production process locally in Italy, centered around producing the highest quality for luxury brands. This investment is a key component of the ITACO project, which focuses on creating a 100% organic and fully traceable Italian cotton supply chain.

...more

Spinning

2024-10-10

Saurer at ITMA Asia 2024 – Leading technology for the yarns of tomorrow

Saurer is pleased to announce its advances in textile technology, showcasing the next generation of Autoairo air spinning and Autocoro 11 rotor spinning technology at ITMA Asia 2024. The brand new Autocard SC 8 will be shown for the very first time to the public. The latest Zinser 51 ring spinning machine and the PrimeTwister, a two-for-one twister, will be demonstrated live on the booth. We look forward to seeing you at ITMA Asia 2024 in Shanghai from 14 to 18 October 2024 at booth A55 in hall 8.

...more

Spinning

2024-10-10

Savio presents latest technology at ITMA ASIA + CITME 2024

The newest automatic winder Proxima Smartconer® and air-jet spinning machine LYBRA Smartspinner® will be showcased at ITMA ASIA 2024 exhibition, taking place in Shanghai, China, from 2024 Oct 14h1-18th. Savio will be participating to ITMA ASIA 2024 exhibition, which will take place in Shanghai from 14th-18th October 2024.

...more
News Archive