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08.02.2021

ISKO and HIGH collaborate to create Jacket and Pants

Intelligently designed clothes made with the latest manufacturing technology are the results of the partnership between on of the leading denim innovators ISKO and the Italian brand HIGH. A project, part of the SS2021 HIGH collection, is the start of collaboration in the pursuit of sustainable fashion.

Aimed at bringing a positive change both for the planet and its people, the project presents two pieces – jacket and pants – which embody HIGH’s approach to creativity and production: a wellbalanced mix of specialists’ expertise and a tireless investigation on the latest and most responsible fabric technologies. HIGH identified the R-TWO™ program as the right fabric ingredient, ideal to level up sustainability in its looks.

Intelligently designed clothes made with the latest manufacturing technology are the results of the partnership between on of the leading denim innovators ISKO and the Italian brand HIGH. A project, part of the SS2021 HIGH collection, is the start of collaboration in the pursuit of sustainable fashion.

Aimed at bringing a positive change both for the planet and its people, the project presents two pieces – jacket and pants – which embody HIGH’s approach to creativity and production: a wellbalanced mix of specialists’ expertise and a tireless investigation on the latest and most responsible fabric technologies. HIGH identified the R-TWO™ program as the right fabric ingredient, ideal to level up sustainability in its looks.

Relying on a blend of reused and recycled materials, this revolutionary platform works by embedding material circularity into the production process, designing waste out of the system and minimizing impact at scale. With fully traced reused cotton coming from ISKO’s production loss, which is prevented from becoming waste by adding it back into the spinning process, and an efficient use of polyester materials which are spun into newly recycled fibers, the program can provide certified to Textile Exchange environmental credentials. According to the percentage of material contained, these can be either the Content Claim Standard, Global Recycled Standard, Organic Content Standard or Recycled Claim Standard, ensuring better use of raw materials and resource efficiency while providing advanced concepts that don’t compromise on their look and performance.

Additionally, to meet HIGH’s performance needs, ISKO has brought to the table one of its most popular technologies, of course in its R-TWO™ version: Jeggings™, super-stretch denim technology. Soft and lightweight as leggings, it provides comfort with the look of authentic denim and provides the perfect, responsible solution to usher the partnership.

More information:
Isko Denim Sustainability
Source:

Menabò Group

27.01.2021

Rieter: First Information on the Financial Year 2020

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

Order Intake Continued to Recover in the Fourth Quarter of 2020:

  • Order intake increased to CHF 215.1 million in the fourth quarter of 2020 and reached a total of CHF 640.2 million in the 2020 financial year
  • As expected, sales of CHF 573.0 million in the 2020 financial year were significantly down on the previous year
  • EBIT margin of around -15% and net profit of around -16% of sales expected
  • First half of 2021 still heavily impacted by the COVID-19 pandemic
  • Change to the Group Executive Committee

Rieter posted a globally and broadly supported order intake of CHF 215.1 million in the fourth quarter of 2020. Thus, the recovery that began in the third quarter of 2020 after the slump in demand in the second quarter continued (order intake second quarter: CHF 45.7 million, third quarter: CHF 174.4 million). Overall, Rieter’s annual order intake for the 2020 financial year totaled CHF 640.2 million, which corresponds to a decrease of 31% compared to the previous year.

At the end of 2020, the company had an order backlog of about CHF 560 million (December 31, 2019: about CHF 500 million).

As expected, as a consequence of the economic effects of the COVID-19 pandemic, the Rieter Group closed the 2020 financial year with considerably lower sales than in the previous year. According to the first, as yet unaudited figures, total sales of CHF 573.0 million were achieved, which corresponds to a decrease of 25% compared to the previous year (2019: CHF 760.0 million).

Order Intake by Business Group
All three business groups were affected by the slump in demand in the second quarter of 2020 due to the COVID-19 pandemic. Despite the recovery in order intake in the third and fourth quarters of 2020, the weak second quarter was only partially offset.

The Business Group Machines & Systems was particularly hard hit by the effects of the pandemic, with a year-on-year decline of 35%. The Business Groups Components and After Sales each recorded a 24% reduction in order intake.*

Sales by Business Group
The exceptional market situation in 2020 gave rise to a significant decline in sales in all three business groups. Accordingly, reluctance to invest and deferred deliveries by customers caused sales in the Business Group Machines & Systems to decline by 24% compared to the previous year.

Due to COVID-19, a large number of spinning mills stopped production worldwide. This led to low demand for spare parts and wear parts, especially in the second and third quarters of 2020. Accordingly, compared to the previous year, sales in the Business Groups Components and After Sales fell by 24% and 27% respectively in the 2020 financial year.*

Sales by Region
With the exception of Turkey, all regions were affected by the low demand as a consequence of the COVID-19 pandemic.*

EBIT Margin and Net Profit
In the 2020 financial year, Rieter anticipates an EBIT margin of around -15% (2019: 11.2%) and net profit of around -16% of sales (2019: 6.9%). As of December 31, 2020, Rieter had liquid funds of exceeding CHF 280 million and unused credit lines in the mid three-digit million range.

First Half of 2021 Still Heavily Impacted by the COVID-19 Pandemic
Thanks to the improved capacity utilization, Rieter is planning short-time working in only a few areas in the first half of 2021. Nevertheless, Rieter expects sales in the first half of 2021 to be below the break-even point.*

Change to the Group Executive Committee
With effect from March 1, 2021, the Board of Directors of Rieter Holding Ltd. has appointed Roger Albrecht as Head of the Business Group Machines & Systems and a member of the Group Executive Committee.*

Annual General Meeting April 15, 2021
The 2021 Annual General Meeting of Rieter Holding Ltd. will take place in Winterthur on April 15, 2021.*


*See attached document for more information.

Source:

Rieter Management AG

04.12.2020

ANDRITZ to acquire Laroche

International technology Group ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France. ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.

International technology Group ANDRITZ has signed an agreement with Laroche, based in Cours, France, to acquire LM Industries comprising Laroche SA and Miltec SA, France. ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction, which is subject to approval by the ANDRITZ Supervisory Board, is expected at the beginning of 2021.

Laroche is a leading supplier of fiber processing technologies such as opening, blending and dosing, airlay web forming, textile waste recycling and decortication of bast fibers. The product portfolio further complements the ANDRITZ Nonwoven product range. ANDRITZ is now able to offer the complete supply and value chain, from the raw material, to opening and blending, web forming, bonding, finishing, drying, and converting. Laroche’s high-performance technologies for opening and blending enhance the ANDRITZ scope of supply for spunlace, needlepunch and wetlaid production lines. Moreover, both companies have agreed to further strengthen the development of their existing technologies for high-speed and high-capacity applications and also to continue pursuing the development of textile recycling processes in order to stay ahead of the changes the industry is facing.

Laroche SA has been developing fiber processing technologies for more than 100 years. With integrated manufacturing, the company supplies lines for a wide range of industries/products: spinning, bedding and furniture, automotive, acoustic and thermal insulation, geotextiles, filtration, wipes, and many more.

Robert Laroche, President of Laroche: “This acquisition is the logical conclusion in view of the successful long-term relationship between ANDRITZ and Laroche. We have been working in close cooperation for more than ten years and are very much looking forward to becoming a member of the ANDRITZ family.”

Andreas Lukas, Senior Vice President and Division Manager, ANDRITZ Nonwoven: “By adding Laroche’s state-of-the-art products and expertise to our existing capabilities, ANDRITZ Nonwoven will further strengthen its market and technology position.”

Source:

ANDRITZ AG

VDMA: Young talents honoured online (c) VDMA
The winners 2020 (from top left to bottom right): Dr. Frederik Cloppenburg, Philippa Böhnke, Juan Carlos Arañó Romero, Dr. Annett Schmieder, Maximilian Speiser, Harry Lucas jun.
03.12.2020

VDMA: Young talents honoured online

In early December, the chairman of the Walter Reiners Foundation of the VDMA Textile Machinery Association, Peter D. Dornier presented awards to six successful young engineers. Due to the Covid-19 pandemic, the award ceremony took place as a web conference for the first time.

Philippa Böhnke, ITM Dresden, and Juan Carlos Arañó Romero, ITA Aachen, were honoured with creativity awards for the cleverest bachelor or project work. The prizes are endowed with 3,000 euros each. Ms. Böhnke’s project dealt with composite implants for the repair and regeneration of bone defects. In his bachelor thesis, Mr. Arañó Romero has developed a spinning machine able to produce yarn with material from the moon. By this, the transport effort in space travel can be minimised, because insulating material for example necessary for a moon base can be produced on the moon directly.

In early December, the chairman of the Walter Reiners Foundation of the VDMA Textile Machinery Association, Peter D. Dornier presented awards to six successful young engineers. Due to the Covid-19 pandemic, the award ceremony took place as a web conference for the first time.

Philippa Böhnke, ITM Dresden, and Juan Carlos Arañó Romero, ITA Aachen, were honoured with creativity awards for the cleverest bachelor or project work. The prizes are endowed with 3,000 euros each. Ms. Böhnke’s project dealt with composite implants for the repair and regeneration of bone defects. In his bachelor thesis, Mr. Arañó Romero has developed a spinning machine able to produce yarn with material from the moon. By this, the transport effort in space travel can be minimised, because insulating material for example necessary for a moon base can be produced on the moon directly.

Harry Lucas, TU Chemnitz, and Maximilian Speiser, Reutlingen University, were awarded two promotion prizes in the category master thesis with prize money of 3,500 euros each. The master thesis of Mr. Lucas deals with the development of a new knitting head for jacquard knitted fabrics, enabling a large variety of colours e.g. in the production of fan scarfs. Mr. Speiser showed in his master thesis a solution for increasing energy efficiency in the nonwovens process.

This year, two promotion prizes of the German Textile Machinery Industry in the dissertation category were awarded to Dr. Frederik Cloppenburg, ITA Aachen, and Dr. Annett Schmieder, TU Chemnitz. In his dissertation Mr. Cloppenburg developed a model for the optimisation of roller cards in the nonwovens process. Ms. Schmieder introduced in her dissertation a damage analysis system for fibre ropes. The system detects when a rope must be replaced e.g. in transport applications.

The award ceremony 2021 shall take place with physical presence again. It is scheduled for early May at the fair Techtextil in Frankfurt.

Source:

VDMA

(c) BB Engineering GmbH
26.11.2020

BBE's VacuFil recycling line for PET

Polyester and its applications are omnipresent in our everyday lives. Whether as beverage bottles, film packaging, high-tech sports shirts or safety belts, polyester excels with its excellent mechanical properties and inexpensive production. However, the constantly rising demand requires responsible handling of global resources. For this reason, it is not only ‘virgin polyester’ generated from crude oil that is exclusively the raw material for manufacturing, so too is polyester recycled from post-production and post-consumer waste. Processing production waste also helps cut raw material, disposal and transport costs, hence increasing efficiency.

Polyester and its applications are omnipresent in our everyday lives. Whether as beverage bottles, film packaging, high-tech sports shirts or safety belts, polyester excels with its excellent mechanical properties and inexpensive production. However, the constantly rising demand requires responsible handling of global resources. For this reason, it is not only ‘virgin polyester’ generated from crude oil that is exclusively the raw material for manufacturing, so too is polyester recycled from post-production and post-consumer waste. Processing production waste also helps cut raw material, disposal and transport costs, hence increasing efficiency.

BB Engineering has developed an innovative solution for the recycling of post-production polyester fibre waste, called VacuFil. Decades of experience in the areas of extrusion, filtration and spinning systems have been bundled into a new, innovative core component – the vacuum filter. It unites gentle large-scale filtration and controlled intrinsic-viscosity build-up for consistently outstanding melt quality. The attached vacuum swiftly and reliably removes volatile contamination and ensures a controlled IV-increase. Comprising an inline viscosity measuring unit connected with the vacuum unit the IV can be controlled continuously and reliably. Hence, producers are able to generate that specific kind of recycled polyester they need for their application.

Source:

BB Engineering GmbH

Oerlikon: Manual lever (c) Oerlikon
26.11.2020

Oerlikon: Manual lever now even more ergonomic

Finer adjustment of the yarn suction force, lower compressed air consumption for the same yarn tension, smooth, ergonomic compressed-air valve – all promises fulfilled by the modernized AS H 32 and AS H 38 yarn suction devices.

Also known as hand injectors, these yarn suction devices are standard components of all spinning positions. The AS H 32- and AS H 38-series are high-performance hand injectors with lower compressed air consumption for the same yarn tension. This is made possible due to the higher yarn suction forces, particularly in the case of the AS H 38 series. In addition to this, string-up without ‘ramp-up’ is possible in certain applications. Also new is a smoother, more ergonomic compressed-air valve, which makes deploying the yarn suction devices more comfortable for users. Furthermore, the required yarn suction force can be adjusted more finely.

The new ‘high-performance devices’ have been designed for applications that require a particularly high suction performance. For several months now, they have been successfully operating in pilot projects within the context of a BCF yarn application in Europe and a tape yarn system located in the US.

Finer adjustment of the yarn suction force, lower compressed air consumption for the same yarn tension, smooth, ergonomic compressed-air valve – all promises fulfilled by the modernized AS H 32 and AS H 38 yarn suction devices.

Also known as hand injectors, these yarn suction devices are standard components of all spinning positions. The AS H 32- and AS H 38-series are high-performance hand injectors with lower compressed air consumption for the same yarn tension. This is made possible due to the higher yarn suction forces, particularly in the case of the AS H 38 series. In addition to this, string-up without ‘ramp-up’ is possible in certain applications. Also new is a smoother, more ergonomic compressed-air valve, which makes deploying the yarn suction devices more comfortable for users. Furthermore, the required yarn suction force can be adjusted more finely.

The new ‘high-performance devices’ have been designed for applications that require a particularly high suction performance. For several months now, they have been successfully operating in pilot projects within the context of a BCF yarn application in Europe and a tape yarn system located in the US.

Source:

Oerlikon

Logo Rieter (c) Rieter
05.11.2020

Strategic Partnership Between Rieter and WW Systems

  • License agreement concluded for promising technology
  • Integration into the digital spinning suite ESSENTIAL
  • Implementation of digital strategy further advanced

The Rieter Group concludes a license agreement with WW Systems on November 5, 2020 and will integrate the Brazilian company's promising product into its digital spinning suite ESSENTIAL. "OptCotton" from WW Systems offers the only software system worldwide that enables an even blend of cotton for the spinning process. With this cooperation, Rieter is taking an important step forward in implementing its digital strategy and offering its customers further added value in yarn production.

  • License agreement concluded for promising technology
  • Integration into the digital spinning suite ESSENTIAL
  • Implementation of digital strategy further advanced

The Rieter Group concludes a license agreement with WW Systems on November 5, 2020 and will integrate the Brazilian company's promising product into its digital spinning suite ESSENTIAL. "OptCotton" from WW Systems offers the only software system worldwide that enables an even blend of cotton for the spinning process. With this cooperation, Rieter is taking an important step forward in implementing its digital strategy and offering its customers further added value in yarn production.

"OptCotton" eliminates variations in quality between cotton blends that are being prepared for the spinning process. In this way, standardized quality yarn can be produced efficiently in the spinning process. From the arrival of the bales in the warehouse to their use in the blowroom line, “OptCotton” manages the entire blending process with no need for categorization. This results in increased efficiency in storage and logistics as well as machine performance.

Integration into the digital spinning suite ESSENTIAL
By integrating this solution, Rieter strengthens its digital spinning suite ESSENTIAL. Access to bale-related fiber data and raw material information opens up new possibilities for controlling the spinning mill. In combination with the existing modules ESSENTIALbasic, ESSENTIALmonitor, ESSENTIALmaintain and ESSENTIALpredict, this optimizes the entire spinning process and raises digital intelligence to a new level.

Source:

Rieter Management AG

Rieter Investor Update 2020 (c) Rieter Management AG
Rieter Investor Update 2020
23.10.2020

Rieter Investor Update 2020

  • Significant recovery in order intake in third quarter 2020
  • Order intake of CHF 425.1 million after nine months
  • COVID crisis management in place
  • Continuous implementation of the strategy
  • Outlook 2020

The market recovery, which Rieter reported in June 2020, has continued. This is reflected in capacity utilization at spinning mills worldwide, which Rieter monitors. In April 2020, the proportion of producing spinning mills was around 40% while at the end of September 2020 this was around 90%. Against this backdrop, the Rieter Group increased order intake in the third quarter of 2020 to CHF 174.4 million (2nd quarter 2020: CHF 45.7 million). In the first nine months of 2020, the Rieter Group achieved a cumulative order intake of CHF 425.1 million (2019: CHF 524.5 million). Compared to the previous year period, this represents a decline of 19%.

Order Intake by Business Group

  • Significant recovery in order intake in third quarter 2020
  • Order intake of CHF 425.1 million after nine months
  • COVID crisis management in place
  • Continuous implementation of the strategy
  • Outlook 2020

The market recovery, which Rieter reported in June 2020, has continued. This is reflected in capacity utilization at spinning mills worldwide, which Rieter monitors. In April 2020, the proportion of producing spinning mills was around 40% while at the end of September 2020 this was around 90%. Against this backdrop, the Rieter Group increased order intake in the third quarter of 2020 to CHF 174.4 million (2nd quarter 2020: CHF 45.7 million). In the first nine months of 2020, the Rieter Group achieved a cumulative order intake of CHF 425.1 million (2019: CHF 524.5 million). Compared to the previous year period, this represents a decline of 19%.

Order Intake by Business Group

Due to the positive development in the third quarter of 2020, order intake at the Business Group Machines & Systems reached a total of CHF 234.5 million in the first nine months. The reason for the relatively small decline of 8% compared to the previous year is that the new machinery business was already characterized by investment restraint in the first three quarters of the year 2019. The Business Group Components recorded a reduction of 33% to CHF 116.6 million while the Business Group After Sales posted an order intake of CHF 74.0 million, a decrease of 23%. This illustrates the effects of low capacity utilization at the spinning mills, especially in the second quarter of 2020 as a result of the COVID-19 pandemic. The order backlog as of September 30, 2020, was around CHF 515 million (September 30, 2019: CHF 285 million). Cancellations were in the normal range of around 5%.

COVID Crisis Management in Place

Rieter has quickly implemented comprehensive COVID crisis management. Priority is being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide and the order backlog is being processed largely as planned. Rieter has introduced 40% short-time working in Switzerland and Germany for the second half of 2020. Similar measures were implemented worldwide within the scope of the available legal options. As of September 30, 2020, Rieter had liquid funds of CHF 216.7 million and unused credit lines in the mid three-digit million range in order to ensure liquidity. At the end of September 2020, net debt of CHF 1.2 million was disclosed.

Continuous Implementation of the Strategy

In recent years, Rieter has consistently implemented the strategy with the focus on innovation leadership, strengthening the business on the installed base and optimization of the costs. The company intends to forge ahead with the strategy in the coming months in order to strengthen the market position for the time after the COVID-19 pandemic. The Rieter CAMPUS is an important element of Rieter’s innovation strategy. Depending on the business situation, construction work is due to begin in the first half of 2021.

Outlook 2020

As already announced, in terms of sales and profitability Rieter expects a stronger second half of the year compared to the first half of 2020. Nevertheless, due to the deferral of deliveries by customers, Rieter will also conclude the second half of the year − and thus the full year 2020 − with a net loss. Due to the existing uncertainties, it continues to be difficult to forecast sales and profitability for the second half of 2020. For this reason, Rieter refrains from providing more specific information for the full year 2020.

More information:
Rieter Holding Ltd. Covid-19
Source:

Rieter Management AG

Lenzing wins State Prize for Innovation with sustainable nonwovens technology (c) Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft
21.10.2020

Lenzing: State Prize for Innovation with sustainable nonwovens technology

  • On October, 20th, 2020, the State Prize for Innovation was awarded to the Lenzing Group for their LENZING™ Web Technology.
  • Lenzing thus received the highest award for particularly innovative achievements in Austria.

Lenzing – On Tuesday, October 20, 2020, the Lenzing Group was awarded the coveted “State Prize for Innovation”. Lenzing emerged as the winner with its project LENZING™ Web Technology and thus received the highest recognition for particularly innovative achievements in Austria. The novel process combines fiber and nonwovens production in only one step, setting new standards in terms of efficiency, circularity and ecological sustainability. Margarete Schramböck, Federal Minister for Digital and Economic Affairs, presented the award to Gert Kroner, Vice President Global Research & Development.

  • On October, 20th, 2020, the State Prize for Innovation was awarded to the Lenzing Group for their LENZING™ Web Technology.
  • Lenzing thus received the highest award for particularly innovative achievements in Austria.

Lenzing – On Tuesday, October 20, 2020, the Lenzing Group was awarded the coveted “State Prize for Innovation”. Lenzing emerged as the winner with its project LENZING™ Web Technology and thus received the highest recognition for particularly innovative achievements in Austria. The novel process combines fiber and nonwovens production in only one step, setting new standards in terms of efficiency, circularity and ecological sustainability. Margarete Schramböck, Federal Minister for Digital and Economic Affairs, presented the award to Gert Kroner, Vice President Global Research & Development.

“This award is a great recognition of our work. Our goal is to grow continuously with sustainable innovations and to look beyond our fibers, to the needs of our customers and partners and to the needs of consumers worldwide. With the LENZING™ Web Technology we have created an exciting and promising solution for eco-friendly products in line with our corporate strategy sCore TEN and support consumers in their daily needs in a sustainable way”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group.

Biodegradable nonwovens for a clean environment

The pollution of the environment by plastics is one of the most urgent problems of our time. Every day, millions of hygiene products and wipes around the globe end up in garbage and sewage. Most of them consist of up to 80 percent polyester or other fossil, non-biodegradable materials and therefore pollute the environment. With the LENZING™ Web Technology, Lenzing has developed a patented technology to counter this problem: Sustainable and eco-friendly nonwovens are produced from the renewable raw material wood. These are not only plastic-free, they also score points for their particularly high environmental friendliness. “Thanks to a unique self-bonding mechanism, in which the filaments bond with each other during the spinning process, binders, which are found in many nonwovens, are no longer needed. As a result, the nonwovens produced with LENZING™ Web Technology are 100 percent biodegradable and do not pollute either humans or the environment”, says Gert Kroner, Vice President Global Research & Development of the Lenzing Group.

The Austrian State Prize for Innovation is awarded annually by the Federal Ministry for Digital and Economic Affairs to the most innovative Austrian company. In 2020, the competition took place for the 40th time.

Oerlikon (c) Oerlikon
f.l.t.r Jochen Adler, Ralf Morgenroth, Markus Reichwein, Matthias Schmitz
15.10.2020

Oerlikon Experts share their know-how online

In order to ensure the transfer of know-how and technology in times of the pandemic, the Manmade Fibers segment of the Swiss Oerlikon Group will start its new webinar series in November. Four interesting technology lectures are planned until the end of 2020 which will be held in English. Current trends in the production of manmade fibers as well as Oerlikons technology solutions will be presented and discussed with the participants. A continuation of the webinar series is already planned for 2021.

In order to ensure the transfer of know-how and technology in times of the pandemic, the Manmade Fibers segment of the Swiss Oerlikon Group will start its new webinar series in November. Four interesting technology lectures are planned until the end of 2020 which will be held in English. Current trends in the production of manmade fibers as well as Oerlikons technology solutions will be presented and discussed with the participants. A continuation of the webinar series is already planned for 2021.

  • Factory know-how from a single source – A boost for your efficiency
    4. November 2020: 11:00-11:45h CET
    Speaker: Jochen Adler, Oerlikon Manmade Fibers CTO*
     
  • VarioFil – Your compact spinning solution
    11. November 2020: 11:00-11:45h CET
    Speaker: Ralf Morgenroth, Head of Engineering Textile Machinery BB Engineering (BBE)*
     
  • Green Technologies – Join us on the road to a sustainable fiber industry
    2. December 2020: 11:00-11:45h CET
    Speaker: Markus Reichwein, Head of Product Management Oerlikon Manmade Fibers*
     
  • VacuFil – Your future upcycling plant, from waste to value
    9. December 2020: 11:00-11:45h CET
    Speaker: Matthias Schmitz, Head of Engineering Recycling Technology, BB Engineering (BBE)*

 

*Please read the attached document for more information

Source:

Oerlikon Textile GmbH & Co. KG

Monforts texCoat coating system (c) Monforts / AWOL Media
06.10.2020

Monforts at Innovate Textile & Apparel (ITA) 2020

During the Innovate Textile & Apparel (ITA) virtual textile machinery show which will run from October 15th-30th 2020, Monforts will be emphasising its leadership position in three key fields – advanced coating, denim finishing and fabric sanforizing.

With its multi-head capability, the latest Monforts texCoat coating system provides flexibility with an unprecedented range of options and a wide range of modules available.

Refinements
“Since we acquired the coating technology that our systems are based on we have made a lot of refinements and all of them are reflected in higher coating accuracy and the resulting quality of the treated fabrics,” says Monforts Head of Technical Textiles, Jürgen Hanel.
“Our systems have the shortest fabric path from the coating unit into the stenter and we have all variations of coating application systems too – and all of these options are available in wider widths, with the engineering and manufacturing from a single source here in Europe.”

During the Innovate Textile & Apparel (ITA) virtual textile machinery show which will run from October 15th-30th 2020, Monforts will be emphasising its leadership position in three key fields – advanced coating, denim finishing and fabric sanforizing.

With its multi-head capability, the latest Monforts texCoat coating system provides flexibility with an unprecedented range of options and a wide range of modules available.

Refinements
“Since we acquired the coating technology that our systems are based on we have made a lot of refinements and all of them are reflected in higher coating accuracy and the resulting quality of the treated fabrics,” says Monforts Head of Technical Textiles, Jürgen Hanel.
“Our systems have the shortest fabric path from the coating unit into the stenter and we have all variations of coating application systems too – and all of these options are available in wider widths, with the engineering and manufacturing from a single source here in Europe.”

CYD
Denim finishing is meanwhile a field in which Monforts has an undisputed lead and it has been working closely with its many partners in the key denim manufacturing countries of Bangladesh, Brazil, China, India, Mexico Pakistan and Turkey to develop advanced solutions. The latest of these is the CYD yarn dyeing system.
“CYD is based on the proven Econtrol® dyeing system for fabrics*,” explains Monforts Head of Denim Hans Wroblowski. “It integrates new functions and processes into the weaving preparatory processes – spinning, direct beaming, warping and assembly beaming, followed by sizing and dyeing – in order to increase quality, flexibility, economic viability and productivity. The CYD system has been developed in response to a very strong market demand.”

Pre-shrinking
Monforts has also recently delivered a significant number of its latest Monfortex sanforizing lines to customers around the world.
Sanforizing is vital to final fabric quality, pre-shrinking it by compressing prior to washing, to limit any residual or further shrinkage in a made-up finished garment to less than 1%, for perfect comfort and fit over an extended lifetime.

As with industry-leading Montex stenters, Monfortex lines benefit from the latest Qualitex 800 control system which allows all parameters to be easily automated via the 24-inch colour touchscreen, including production speed, control of all fabric feed devices, rotation spray or steaming cylinder options, the width of the stretching field and the rubber belt pressure. Up to 10,000 separate process parameter records can be generated and stored by the data manager.

 

*Econtrol® is a registered mark of DyStar Colours Distribution GmbH, Germany.

Oerlikon Barmag: Wiping robot (c) Oerlikon Barmag
01.10.2020

Oerlikon Barmag: Wiping robots increase production efficiency

Retrofitting a wiping robot to spinning systems is well worthwhile. This is confirmed by the experiences of those customers who have already installed the wiping robot. Oerlikon Barmag wiping robots have been cleaning spin packs at filament yarn manufacturing facilities in China and India for several months now, increasing efficiency considerably.

Regular wiping of the spin packs is important for process stability and yarn quality. These can be positively influenced using wiping robots, because – as confirmed by data acquisition and analysis at the respective manufacturing facilities – the yarn break rate can be reduced by up to 30% by automating the wiping process. And the yarn break rate has a direct impact on the key production figures; to this end, a considerable reduction translates into pure profit for yarn manufacturers.

Retrofitting a wiping robot to spinning systems is well worthwhile. This is confirmed by the experiences of those customers who have already installed the wiping robot. Oerlikon Barmag wiping robots have been cleaning spin packs at filament yarn manufacturing facilities in China and India for several months now, increasing efficiency considerably.

Regular wiping of the spin packs is important for process stability and yarn quality. These can be positively influenced using wiping robots, because – as confirmed by data acquisition and analysis at the respective manufacturing facilities – the yarn break rate can be reduced by up to 30% by automating the wiping process. And the yarn break rate has a direct impact on the key production figures; to this end, a considerable reduction translates into pure profit for yarn manufacturers.

Can also be retrofitted to existing systems
The Oerlikon Barmag wiping robot can be retrofitted to numerous spinning plants. Suspended from a track system mounted on the ceiling, the system automatically and autonomously targets the individual positions in accordance with the scheduled wiping cycles. In addition to the scheduled wiping processes, there are also events that cannot be planned or that are not immediately visible. Depending on the degree of integration into Oerlikon Manmade Fibers Smart Factory solutions, the wiping robot is able to identify issues such as yarn breaks or parallel wiping processes and to independently offer solutions.

The wiping robot operates in a cross-line manner. Here, the wiping quality remains constant 24/7. The high wiping quality has a positive influence on both the stability of the overall process and on the yarn quality. The time saved between cleaning cycles is a further advantage: using the robots, the interval between two wiping processes can be extended by up to 25%. The considerable increase in the spinning process efficiency achieved by the wiping robot also has a positive impact on margins. For example, one customer deploying the wiping robot was able to reduce its production costs for the same yarn by more than 3%.

More information:
Oerlikon Barmag filament yarn
Source:

Oerlikon

VacuFil (c) Oerlikon
24.09.2020

Recycling becomes a focus

Mountains of waste, plastic-infested oceans, negative CO2 footprints – the need for more sustainable ways of living has never been more urgent. Consequently, it is logical that recycling solutions are becoming increasingly important within the textile industry. This was also tapped into at the first virtual Global Fiber Congress in Dornbirn with a session that focused specifically on the topic. In front of around 400 participants, Markus Reichwein, Head of Product Management at Oerlikon Barmag, also spoke about solutions currently on the market.

As one of only manufactureres, the Oerlikon Group’s Manmade Fibers segment offers the entire mechanical recycling chain –from preparing the recycled materials, producing the melt all the way through to the textured package. Here, the company utilizes the VacuFil solution supplied by its subsidiary Barmag Brückner Engineering (BBE) –which, in addition to mastering bottle-to-bottle and bottle-to-textile processes, is also able to process textile waste into chips. This permits the running of textile production operations very much in line with the zero-waste philosophy.

Mountains of waste, plastic-infested oceans, negative CO2 footprints – the need for more sustainable ways of living has never been more urgent. Consequently, it is logical that recycling solutions are becoming increasingly important within the textile industry. This was also tapped into at the first virtual Global Fiber Congress in Dornbirn with a session that focused specifically on the topic. In front of around 400 participants, Markus Reichwein, Head of Product Management at Oerlikon Barmag, also spoke about solutions currently on the market.

As one of only manufactureres, the Oerlikon Group’s Manmade Fibers segment offers the entire mechanical recycling chain –from preparing the recycled materials, producing the melt all the way through to the textured package. Here, the company utilizes the VacuFil solution supplied by its subsidiary Barmag Brückner Engineering (BBE) –which, in addition to mastering bottle-to-bottle and bottle-to-textile processes, is also able to process textile waste into chips. This permits the running of textile production operations very much in line with the zero-waste philosophy.

VacuFil ensures a stable process in the case of recycled quality yarns
The reliable removal of contaminants is vital for a stable and efficient spinning process and outstanding yarn quality. At the same time, stable operating conditions with minimal fluctuations are essential. The greatest challenge here is the differing qualities of the bottle flakes fed into the system, as the extrusion process is barely able to balance these fluctuations. Here, the VacuFil concept counters with blending silos, which reduce the differences in the viscosity of the polymers considerably and guarantee high yarn and fabric quality.

The VacuFil concept is installed upstream to an Oerlikon Barmag POY system, which transforms the recycled melt into filament yarn of the accustomed high quality. As texturing solutions, Oerlikon Barmag offers its state-of-the-art automatic eAFK-series systems, including the latest generation of the eAFK Evo, which was unveiled at the ITMA Barcelona last year. Yarn manufacturers wishing to continue texturing manually can use the eFK series.

With the VarioFil R+, producers of smaller batches now also have a compact system with an integrated recycled materials preparation unit at their disposal. The system offers a special extrusion system for bottle flake materials, the very latest metering and mixing technology for spin-dying and expanded 2-stage melt filtration. The four spinning positions are each equipped with an Oerlikon Barmag 10-end WINGS POY winder.

While mechanical recycling has already been extensively developed, chemical recycling for mixed fabrics is still presenting the textile industry with huge challenges. The Oerlikon Group’s Manmade Fibers segment is currently working on solutions and concepts for transforming these fabrics into new textiles.

 

More information:
Oerlikon Sustainability Yarns
Source:

Oerlikon

Oerlikon: Three staple fiber bicomponent systems successfully commissioned in Asia (c) Oerlikon Neumag
Oerlikon Neumag staple fiber plants stand for highest product quality and absolute reliability.
27.08.2020

Oerlikon: Three staple fiber bicomponent systems successfully commissioned in Asia

Neumünster – Oerlikon Neumag has successfully commissioned three staple fiber bicomponent systems in China. With capacities of 50 tons per day each, the systems are being used to manufacture coresheath bicomponent fibers made from PP/PE or PET/PE at two long-standing Oerlikon Manmade Fibers customers. These fibers are used to make hygiene products.

Oerlikon Neumag staple fiber technology still in demand

Despite coronavirus-related restrictions, the three new systems were installed within three and five months, all without any problems. They have meanwhile been operating under stable production conditions with optimum fiber quality of the very highest standards for several weeks now.

Many years of experience in bi-component spinning

Neumünster – Oerlikon Neumag has successfully commissioned three staple fiber bicomponent systems in China. With capacities of 50 tons per day each, the systems are being used to manufacture coresheath bicomponent fibers made from PP/PE or PET/PE at two long-standing Oerlikon Manmade Fibers customers. These fibers are used to make hygiene products.

Oerlikon Neumag staple fiber technology still in demand

Despite coronavirus-related restrictions, the three new systems were installed within three and five months, all without any problems. They have meanwhile been operating under stable production conditions with optimum fiber quality of the very highest standards for several weeks now.

Many years of experience in bi-component spinning

Oerlikon Neumag looks back on many years of experience in constructing bicomponent staple fiber systems. The first system for this fiber type was commissioned as far back as 1995. Oerlikon Neumag offers solutions for the most varied cross-sections, ranging from sheath/core’, ‘side-by-side’, ‘island in the sea’, ‘orange type’ as well as ‘trilobal’. The applications are diverse: from self-crimping fibers, bonding fibers, super-microfibers all the way through to hollow fibers.

The Oerlikon Neumag bicomponent technology is particularly characterized by the extremely robust spin packs that have no expensive wear parts, which considerably reduces the costs here. The reconditioning costs when cleaning the spin packs are kept to an absolute minimum. Add to this the separate temperature transfer option in the spinning beam for the two polymers. As a result, the quality and the viscosity of the polymers can be accurately adjusted in accordance with the respective process requirements.

Source:

Oerlikon Neumag

Monforts denim mills move hemp into the mainstream © Cone Denim
Cone Denim Sweet Leaf jeans.
30.06.2020

Monforts denim mills move hemp into the mainstream

  • There is an urban legend that hemp canvas was used to make the very first pair of Levi’s jeans.
  • While this is a myth that originated in the counterculture of the 1960s, hemp is without doubt the fibre of the moment for the denim industry.

At the second Kingpins24 virtual denim show that was broadcast from New York on June 23rd and 24th, the sustainable benefits of hemp fibre were referenced by many Monforts customers who are now including it in their collections, including AGI Denim, Artistic Milliners, Black Peony, Calik, Cone Denim, Naveena Denim Mills (NDM) and Orta.

“Hemp is an easy to grow fibre which requires no irrigation, no fertilizers, no herbicides and no chemicals,” says Allan Little, Director of Product Development for Cone Denim, which has recently launched its Sweet Leaf collection featuring the fibre. “Significantly, it also uses fifty per cent or even less water than cotton in cultivation.”

It can also bring some new aesthetics to denim too, he adds.

  • There is an urban legend that hemp canvas was used to make the very first pair of Levi’s jeans.
  • While this is a myth that originated in the counterculture of the 1960s, hemp is without doubt the fibre of the moment for the denim industry.

At the second Kingpins24 virtual denim show that was broadcast from New York on June 23rd and 24th, the sustainable benefits of hemp fibre were referenced by many Monforts customers who are now including it in their collections, including AGI Denim, Artistic Milliners, Black Peony, Calik, Cone Denim, Naveena Denim Mills (NDM) and Orta.

“Hemp is an easy to grow fibre which requires no irrigation, no fertilizers, no herbicides and no chemicals,” says Allan Little, Director of Product Development for Cone Denim, which has recently launched its Sweet Leaf collection featuring the fibre. “Significantly, it also uses fifty per cent or even less water than cotton in cultivation.”

It can also bring some new aesthetics to denim too, he adds.

“Hemp has a unique colour and adds a different cast to our indigo, the drape and texture of the fabrics is different and it even adds  a bit of a unique hand, so combined with its sustainable credentials we are proud to be bringing the Sweet Leaf collection to the market.”

US supply chain

Cone is currently sourcing its hemp from France, but with much of its manufacturing now in Mexico – and with the introduction of the US Farm Bill in 2018 which has legalised the growing of legal hemp – is exploring the possibility of investing in the US supply chain.

“With US hemp we’re really at the R&D phase,” Little emphasises. “It’s a unique crop, so coming up with the right stalk to provide the right fibre is challenging. We’ve experimented with different types of seed and various methods of decortication.”

Decortication, he explains, is the mechanical removal of the outside layer of the hemp stalk to useable fibre on the inside. A second process, cottonization, is necessary to make the fibre suitable for spinning, because compared to cotton, hemp is longer, stiffer, and less flexible.

100% success

At the end of 2019, Naveena (NDM), headquartered in Karachi, introduced fabrics featuring up to 51% hemp content in blends with Tencel and recycled polyester and this year has developed the first 100% hemp denims.

“The response to the fabrics we showed last year was incredible and we were looking forward to the response to this latest development – which everyone was asking for – at the Kingpins show in Amsterdam, which unfortunately was unable to go ahead,” says NDM’s Director of Marketing Rashid Iqbal. “We produced initial samples in an undyed state because we were not sure how the wet spun yarn would react in the dyeing, but I’m happy to say we have had success in this respect and are now able to provide one hundred per cent indigo dyed hemp denim.”

Environmental benefits

“Differentiation is the key in the highly-competitive denim industry and we have assisted our customers with trials and optimised processing parameters for a range of different fibres, including hemp, both at our Advanced Technology Centre in Germany and at their own mills around the world,” says Hans Wroblowski, Monforts Head of Denim. “Given the environmental benefits of hemp, and the liberalisation of its cultivation in many parts of the world, the interest in it now comes as no surprise. We have the technologies and know-how to help our customers to fully maximise their hemp denims at all post-weaving stages of production.”

Monforts has a dominant position in the field of denim finishing with its well proven Montex stenters. It has been enjoying further recent success with its Eco Line concept based on two key technology advances – the Eco Applicator and the Thermo Stretch.

The latest Monforts innovation for denim is the CYD yarn dyeing system. This technology is based on the effective and established dyeing process for denim fabrics that is now being applied for yarn dyeing.

The CYD system also integrates new functions and processes into the weaving preparation processes – spinning, direct beaming, warping and assembly beaming, followed by sizing and dyeing – to increase quality, flexibility, economic viability and productivity. A full CYD line is now available for trials at the company’s Advanced Technology Centre.

Oerlikon Barmag systems convince with product diversity (c) Oerlikon
From super-low-shrinkage (SLS) through to high-tenacity (HT): depending on the configuration, Oerlikon Barmag systems are suitable for manufacturing industrial yarns with the most diverse properties.
25.06.2020

Oerlikon Barmag systems convince with product diversity

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

As a quality-conscious industrial yarn producer, Kingsway has been manufacturing its sophisticated, high-end yarns on Oerlikon Barmag filament yarn systems since 2015. Alex Yang Yu Long, CEO of Kingsway, is proud of relying on engineering artistry from Remscheid: “As expected, the yarns are first-class in terms of quality. Our products are used in safety equipment, sometimes in situations where lives depend on them. Therefore, there can be no compromises. To this end, we select our partners with the utmost care."

More information:
Oerlikon yarn industrial yarns
Source:

Oerlikon Manmade Fibers

Wilhelm-Lorch-Stiftung awards ITA graduate and a project at ITA with sponsorship prizes (c) Wilhelm-Lorch-Stiftung
Wilhelm-Lorch-Stiftung sponsorship award winner picture 2020 (Ricarda Wissel: row 1, first from right, Simon Kammler, row 4, first from right)
25.06.2020

Wilhelm-Lorch-Stiftung awards ITA graduate and a project at ITA with sponsorship prizes

Carbon dioxide-based fibre for climate protection and interdisciplinary training with novel Smart Textiles test rig

The Wilhelm-Lorch-Stiftung, based in Frankfurt am Main, Germany, honours a project of the Institut für Textiltechnik of RWTH Aachen University, short ITA, and awards a sponsorship prize to the ITA graduate Ricarda Wissel on 25 June 2020. She is awarded for her outstanding bachelor thesis " Implementation of elastic yarns made from carbon dioxide based thermoplastic polyurethane in socks " with funding for a subject-specific continuation of her education. The ITA receives the project sponsorship prize for the project "Smart Textiles - an interdisciplinary training course to promote young scientists in future technologies", which was submitted to the Wilhelm-Lorch-Stiftung by ITA´s PhD candidate Simon Kammler.

Carbon dioxide-based fibre from industrial waste contributes to climate protection

Carbon dioxide-based fibre for climate protection and interdisciplinary training with novel Smart Textiles test rig

The Wilhelm-Lorch-Stiftung, based in Frankfurt am Main, Germany, honours a project of the Institut für Textiltechnik of RWTH Aachen University, short ITA, and awards a sponsorship prize to the ITA graduate Ricarda Wissel on 25 June 2020. She is awarded for her outstanding bachelor thesis " Implementation of elastic yarns made from carbon dioxide based thermoplastic polyurethane in socks " with funding for a subject-specific continuation of her education. The ITA receives the project sponsorship prize for the project "Smart Textiles - an interdisciplinary training course to promote young scientists in future technologies", which was submitted to the Wilhelm-Lorch-Stiftung by ITA´s PhD candidate Simon Kammler.

Carbon dioxide-based fibre from industrial waste contributes to climate protection

ITA scientist Dr.-Ing. Pavan Manvi has developed a melt spinning process at ITA for the production of elastic yarn from thermoplastic polyurethane, in which carbon dioxide is used as one of the raw materials. In her bachelor thesis, Ricarda Wissel successfully developed a process chain for the CO2-based yarn in a textile end product for the first time. In cooperation with the company FALKE and Dr Manvi, who supervised Ms. Wissel's work, the yarn was used to produce a sock (see figure "FALKE sock with carbon dioxide filaments").

By reusing carbon dioxide from industrial waste as a raw material for textile and clothing products, the carbon dioxide balance can be improved and thus contributes directly to climate protection. The sponsorship prize of the Wilhelm-Lorch-Stiftung is endowed with 6,000 € for the specialist further training of Ms. Wissel.

Interdisciplinary training with development of a new type of measuring stand for the future-oriented research field "Smart Textiles

The development of textiles with additional digital functions, so-called "Smart Textiles", is considered a future-oriented field of research. In his project submission, ITA´s doctoral candidate Simon Kammler presented a concept for a lecture series on Smart Textiles at ITA and develops a new type of measuring stand for measuring the capacity and conductivity of fibres. The project is funded by the Wilhelm-Lorch-Stiftung with a prize money of 10,000 Euro.

Smart Textiles enable the textile to interact with the environment and the human user. Today they are therefore in demand in many areas of everyday life such as sport, health, living, life and mobility and offer completely new practical solutions. In combination with digital networked services, Smart Textiles promise support and innovation in almost all situations of daily life.

With the conception of a new lecture series, Mr. Simon Kammler is supporting ITA in its goal of providing the best possible training for young scientists. The focus is on imparting far-reaching interdisciplinary skills in order to master the challenges of current fields of research.

Background:

The Wilhelm-Lorch-Stiftung supports particularly talented young people from all areas of the textile industry. Its purpose is the promotion of subject-specific education and further education as well as the promotion of projects at universities, academic schools and vocational schools, which are characterised by the sustainable communication of innovative learning content in science and research. In total, thirteen sponsorship prizes were awarded in 2020. Due to the Corona crisis, the forum of TextilWirtschaft, which is normally the venue for the awards ceremony, unfortunately had to be cancelled in 2020.

18.06.2020

Oerlikon: Commissioning of polycondensation system rounds off total industrial yarn solution

The Oerlikon Barmag Huitong Engineering joint venture, part of the Oerlikon Manmade Fibers segment, recently commissioned a polycondensation system which feeds a polyester industrial yarn system. The future operator will be industrial yarn manufacturer Jiangsu Solead New Material Group Co. Ltd., which is placing its trust in the Oerlikon Manmade Fibers ‘From Melt to Yarn’ total solution philosophy.

The Oerlikon Barmag Huitong Engineering joint venture, part of the Oerlikon Manmade Fibers segment, recently commissioned a polycondensation system which feeds a polyester industrial yarn system. The future operator will be industrial yarn manufacturer Jiangsu Solead New Material Group Co. Ltd., which is placing its trust in the Oerlikon Manmade Fibers ‘From Melt to Yarn’ total solution philosophy.

This successfully concludes the first phase of this major project. Oerlikon Barmag Huitong Engineering installed the polycondensation system, which has a capacity of 600 tons a day, at Jiangsu Solead New Material Group Co. Ltd. in the Chinese Jiangsu Province. This will be connected to an Oerlikon Barmag industrial yarn spinning system with a 350-ton-a-day capacity. The new systems will be deployed to produce predominantly high-tenacity (HT) yarns for use in agricultural, infrastructure, transport, security and outdoor applications. These systems can be used to manufacture yarns with up to 3 x 6,600 dtex of high yarn quality with simultaneously high production efficiency. Furthermore, low-shrinkage yarns for coating textiles and so-called LDI yarns (high-tenacity, low-denier industrial yarns) for industrial sewing yarns, among other things, are also manufactured.

Source:

Oerlikon

28.05.2020

Rieter: Business Situation facing COVID-19 Pandemic

  • Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
  • Comprehensive crisis management implemented
  • Loss in the mid double-digit million range expected in the first half of 2020
  • Plans to introduce short-time working to adjust capacity in Switzerland and Germany
  • Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

  • Since the end of March 2020, COVID-19 has led to very low demand in all Business Groups
  • Comprehensive crisis management implemented
  • Loss in the mid double-digit million range expected in the first half of 2020
  • Plans to introduce short-time working to adjust capacity in Switzerland and Germany
  • Strategy will continue to be implemented

Due to COVID-19, a large number of spinning mills have stopped production worldwide. Since the end of March 2020, this has led to low demand for spare parts and wear & tear parts and delays in testing programs during the development of new machines. Customers are postponing investment projects or unable to implement them due to restrictions imposed by national governments. This results in low demand for new machines.

Comprehensive crisis management
Rieter has implemented comprehensive crisis management. Priorities are being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide.
The order backlog of well in excess of CHF 500 million is being processed largely according to plan, despite the existing bottlenecks in the supply chains. Less than 5% of the orders in the order backlog have been canceled.
Rieter has already implemented measures to ensure liquidity and reduce costs. The company has good net liquidity and undrawn credit lines in the mid three-digit million range.
Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level.

Loss expected in the first half of 2020
As already reported, Rieter expects sales and earnings in the first half of 2020 to be significantly below the prior year level. The effects of COVID-19 will place an additional burden on the first half of 2020. Rieter therefore expects sales in the first half of 2020 to be less than CHF 300 million. Despite the countermeasures implemented at the net profit level, this will lead to a loss in the mid double-digit million range.

Plans to introduce short-time working to adjust capacity
Rieter plans to apply for short-time working for the areas with forecasted low capacity utilization at the locations in Switzerland and Germany. The application will be for 40% short-time working in the third quarter of 2020. Talks with staff representatives will begin next week.
As a sign of solidarity, Rieter’s Board of Directors, Group Executive Committee and the senior management will waive 10%-20% of their salaries temporarily.

Implementation of the strategy
In recent years, Rieter has consistently implemented the strategy based on innovation leadership, strengthening the business in components, spare parts and services and the adjustment of cost structures. The company intends to forge ahead with the implementation of the strategy in the coming months, thus strengthening its market position for the time after the COVID-19 pandemic.
The next information on the course of business is planned with the publication of the half-year results on July 16, 2020
 

More information:
Coronavirus Rieter
Source:

Rieter Holding AG

Logo oerlikon
Oerlikon blickt positiv in die Zukunft
23.04.2020

Oerlikon Manmade Fibers segment looking positively towards the future during the coronavirus pandemic

Staggered in terms of timing and with varying magnitude, the global spread of coronavirus is impacting the development of the regional economies in the core markets of the Manmade Fibers segment of the Swiss Oerlikon Group.
The sales markets for manmade fiber systems and equipment have been primarily located in China, India and Turkey for many years now. Together, these markets – above all China – make up the lion’s share of the project landscape at Oerlikon Manmade Fibers. And this is paying positive dividends at the moment. Because the production facilities of the major manmade fiber manufacturers in
China have been systematically fired up again over the past few weeks, with capacity utilization increasing consistently.

Staggered in terms of timing and with varying magnitude, the global spread of coronavirus is impacting the development of the regional economies in the core markets of the Manmade Fibers segment of the Swiss Oerlikon Group.
The sales markets for manmade fiber systems and equipment have been primarily located in China, India and Turkey for many years now. Together, these markets – above all China – make up the lion’s share of the project landscape at Oerlikon Manmade Fibers. And this is paying positive dividends at the moment. Because the production facilities of the major manmade fiber manufacturers in
China have been systematically fired up again over the past few weeks, with capacity utilization increasing consistently.

Going against the flow
The Segment CEO, Georg Stausberg explains the reason: “Long before the coronavirus situation developed, the major manmade fiber manufacturers in China had decided to reverse-integrate their production chains to include petrochemicals in order to expand their portfolios with targeted investments, to reduce their dependence on a ,single product’, to optimize their costs and ultimately to acquire greater control over margins in a global volume business”.
Similar processes and decisions – albeit not on the same scale as in China – have also
been detected at the large manmade fiber manufacturers in India and Turkey. Even though businesses in India and Turkey are presently still temporarily severely impacted by the coronavirus situation, their long-term commitment cannot however be questioned, as the company-internally-agreed plans will be systematically implemented moving forward.

Long-term investments of global market players
All this has recently resulted in increased demand for spinning and texturing systems – just like those supplied by total solutions provider Oerlikon Manmade Fibers with its
Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven product brands.
“The investments in petrochemical systems are based on long-term strategic considerations and are resulting – even during the coronavirus pandemic – neither in short- and medium-term economic dips, nor in changed customer behavior. (...)”, states Segment-CEO Georg Stausberg.
As a result of Oerlikon Manmade Fibers delving into the digital age years ago, the segment has experienced the intensive and short-term benefit from all the measures, in part also in its processing of customer projects.

Source:

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