#Spinning

2020-04-08

Oerlikon shareholders approved all resolutions via the Independent Proxy

A total of 71.95% of share capital were represented at the 47. Annual General Meeting of Shareholders (AGM) via the authority that was granted by shareholders to the Independent Proxy, Proxy Voting Services GmbH. Shareholders did not attend the AGM in person in line with the ordinance from the Federal Council of Switzerland in the fight against the coronavirus.

Dividend payout of CHF 1.00 per share approved
Prof. Dr. Michael Süss was reelected as Chairman of the Board
Irina Matveeva was elected as a new Board Member
All Board Members who stood for reelection were voted in
All members of the Human Resources Committee (HRC) were reelected

Following the instructions given to the Independent Proxy, all resolutions were approved by a large majority, including the maximum aggregate total compensation of the Board for their term of office (AGM 2020 to AGM 2021), the maximum aggregate fixed compensation of the Executive Committee (EC) for the period July 1, 2020 through June 30, 2021 and the retrospective variable compensation of the EC for 2019, as well as the dividend payout of CHF 1.00 per share for 2019.

Prof. Dr. Michael Süss was reelected as the Chairman of the Board of Directors. Mrs. Irina Matveeva was elected as a new member of the Board, while Paul Adams, Geoffery Merszei, Alexey V. Moskov, Gerhard Pegam and Dr. Suzanne Thoma were all reelected as members of the Board. Furthermore, shareholders approved the reelection of Prof. Dr. Michael Süss, Geoffery Merszei, Alexey V. Moskov, Gerhard Pegam und Dr. Suzanne Thoma as members of the Human Resource Committee. All elected Board members will serve a one-year term.

“I would like to sincerely thank all our shareholders for their understanding that we hosted this year’s AGM without any shareholders attending in person. We held today a highly unusual AGM in the history of Oerlikon,” said Prof. Dr. Michael Süss. “As a team, we are working on strengthening Oerlikon, enabling us to weather the current global challenges and to further seize opportunities in attractive markets. Our goal is to create more value for all stakeholders, including shareholders, over the medium to long term. We are looking forward to things returning to normal and to welcoming our shareholders again at our AGM in 2021.”

Oerlikon Manmade Fibers Solutions hosted successful Technology Day 2025 in India

Oerlikon Manmade Fibers Solutions recently hosted its highly anticipated Innovation and Technology Day at the Deltin Hotel in Daman by end of January 2025. The event attracted over 300 participants, including industry experts, partners, and stakeholders, who gathered to explore the latest advancements and trends in the manmade fibers industry in India.

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.

Barmag presents the next generation of POY production – energy-efficient and partial-automated

With POY 2.0, Barmag is introducing a completely redesigned spinning concept that takes the production of partially oriented yarn (POY) to a new level in terms of technology and economy. The solution, which was presented to a selected audience of experts for the first time at ITMA Asia + CITME 2025, was met with great enthusiasm: several yarn producers worldwide immediately expressed their interest in a pilot plant.

Development of bio-based polyethylene fibers for textile applications – BB Engineering partici-pates in the bioPEtex research project

In the German research project bioPEtex, BB Engineering (BBE) is working with other partners to develop textiles made from 100% bio-based polyethylene (PE). The aim is to make use of this poly-mer, which has hardly been used in the chemical fiber industry to date. BBE is contributing its spinning and texturizing expertise and developing the texturing process on an industrial scale. The first promising results are already available – opening up new opportu-nities for sustainable and economically attractive applications in the textile industry.

High-performance yarns for tomorrow's mobility

At this year's Techtextil in Frankfurt (April 21–24), Barmag will be presenting comprehensive solutions for the production of industrial filament yarns at the VDMA joint stand (Hall 12, C56). The focus will be on applications that ensure greater safety, durability, and efficiency in automotive engineering.

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem to accelerate technology scale‑up

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem (consortium) to help advance the scale‑up of Spinnova’s technology. Spinnova has actively sought partners to accelerate commercial scale‑up, and Circulose, as a key player in textile recycling, strengthens the ecosystem by providing a raw material that is in high demand across the industry.

UNIFI® introduces Luxel™: A Linen-inspired, easy-care performance yarn

Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced the launch of Luxel™, a groundbreaking yarn technology that combines the luxurious look and feel of linen with high-performance, easy-care, and textile-to-textile recycled materials.