[pageLogInLogOut]

#Spinning

Oerlikon successfully placed CHF 340 million dual-tranche senior unsecured bonds

OC Oerlikon Corporation AG, Pfäffikon ("Oerlikon") announces the successful placement of two series of senior unsecured bonds: CHF 220 million due in June 2026 and CHF 120 million due in October 2029 (together, the "Bonds"). These bonds are to repay outstanding debt and ensure a continued strong financial foundation following the acquisition of Riri.

The coupons have been set at 2.875% per annum for the bonds due 2026 and 3.25% per annum for the bonds due 2029. The coupons for both tranches are payable annually, with the first coupon payable in June 2024 and October 2023 respectively.

An application for the Bonds to be admitted for listing and trading on the SIX Swiss Exchange will be filed, with provisional trading expected to commence on or around May 31, 2023. Settlement date of the Bonds is expected on June 02, 2023.




Commerzbank, Credit Suisse, Bank J. Safra Sarasin, UBS Investment Bank and Zürcher Kantonalbank acted as the Joint Lead Managers and Bookrunners on the offering.



More News from Oerlikon Textile GmbH & Co. KG

#Nonwovens / Technical Textiles

Crimper repair workshop begins operations

Since the beginning of the year, Oerlikon Textile Inc. has been offering a crimper repair service, making it the company's first location worldwide to do so. The workshop in Charlotte specializes primarily in Fleissner and Neumag crimpers.

#Spinning

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.

#Spinning

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.

#Spinning

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 News on Spinning

#Techtextil 2026

RETECH showcases high-precision godets for high-performance fiber processing at Techtextil 2026

RETECH designs and manufactures godets and draw frames for heated, ambient and cooled processes, enabling precise heat treatment and consistently high yarn quality for a wide range of polymers and applications, with process temperatures of up to 400 °C for high-performance fibers. The company’s key competence lies in exact and stable temperature and speed control, individually adapted to the specific material and process requirements.

#Spinning

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.

#Spinning

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.

#Techtextil 2026

Saurer sets new standards at Techtextil 2026

When the international textile industry gathers at Techtextil in Frankfurt from April 21 to 24, Saurer is going to present a powerful solution for the growing demands in the field of technical yarns with the TechnoCorder TC2plus.

Latest News

#Textile processing

Automatex introduces game changing quilting machine

Having achieved rapid market success with its fully automated fitted sheet system, Automatex, a member of TMAS, the Swedish textile machinery association, has developed a game changing quilting machine which doubles productivity compared to what has previously been achievable.

#Dyeing, Drying, Finishing

BW Converting expands Southeast Asian presence with new agency partnerships in Vietnam and Indonesia

BW Converting is strengthening its presence in Southeast Asia through new agency partnerships in Vietnam and Indonesia, reinforcing the company’s commitment to supporting textile manufacturers across the region. The expansion comes as BW Converting prepares to exhibit at SaigonTex 2026 (April 8–11, Saigon Exhibition and Convention Center, Ho Chi Minh City, Vietnam) and INDO INTERTEX 2026 (April 15–18, Jakarta International Expo, Indonesia).

#Recycled_Fibers

Worn Again Technologies unveils the Accelerator

Worn Again Technologies unveils the Accelerator, the next major step towards commercialising its pioneering Textile-to-Fibre recycling process and proving the technical and economic feasibility of polycotton recycling.

#Knitting & Hosiery

Driving WARP KNIT Inspiration

KARL MAYER sees performance fabrics and next-level textile solutions in particular as potential growth drivers for its customers, as a motor for business development and as real game changers for the entire textile industry. Innovation does not happen by chance. It is the result of close exchange with customers & brands, textile expertise and competence in textile machine engineering. This is why KARL MAYER is investing in progress and collaborative development and opening its TEXTILE INNOVATION CEN-TER (TIC) – a place to be for the entire textile world.

TOP