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Paper Converting Machine Company (c) PCMC
16.08.2019

Paper Converting Machine Company acquires RDP Marathon and IPT Digital

Paper Converting Machine Company (PCMC), part of the Barry-Wehmiller Converting Solutions Platform, is joining with RDP Marathon Inc. and IPT Digital, and expanding its offerings for customers to include digital printing technology.

Paper Converting Machine Company (PCMC), part of the Barry-Wehmiller Converting Solutions Platform, is joining with RDP Marathon Inc. and IPT Digital, and expanding its offerings for customers to include digital printing technology.

RDP Marathon has delivered engineered machine solutions for a variety of printing and packaging markets for 30 years. Through a partnership with IPT Digital, RDP Marathon also provides systems that convert existing presses into high-speed digital printing platforms, broadening its capabilities and reach across multiple packaging markets. Adding this innovative technology to PCMC’s portfolio of solutions not only will accelerate the company’s growth in its current markets, but also support its expansion into new markets, particularly the folded carton business.

Source:

Barry-Wehmiller

Oerlikon (c) Oerlikon
15.08.2019

Oerlikon: Further EvoQuench PA POY systems destined for China

Oerlikon Barmag recently signed contracts for two orders with a total of 120 spinning positions for manufacturing polyamide POY yarn with Chinese yarn manufacturers. What makes this so special is the fact that all positions will be equipped with the EvoQuench radial quenching system for polyamide.

Oerlikon Barmag recently signed contracts for two orders with a total of 120 spinning positions for manufacturing polyamide POY yarn with Chinese yarn manufacturers. What makes this so special is the fact that all positions will be equipped with the EvoQuench radial quenching system for polyamide.

With this, two well-known yarn manufacturers are now committing to the EvoQuench concept to produce polyamide yarn, equipping themselves for the efficient manufacture of microfiber yarns in the process. The benefits of radial quenching vis-à-vis conventional cross-flow quenching when manufacturing microfibers are well-known from polyester processing: manufacturing outstanding quality in a more production-reliable manner, i.e. with fewer yarn breaks, is a convincing argument and makes producing polyamide microfibers considerably more efficient. “Used to create fabrics, the materials feel very pleasant to the touch”, comments Stephan Faulstich, Head of Development POY Process at Oerlikon Barmag, who has held the results of the currently sole operator of such a system in his hands. “I can imagine this will be used above all in the manufacture of sports apparel and underwear.”

More information:
Oerlikon Polyamidfaser
Source:

Oerlikon

Montalvo (c) Montalvo
13.08.2019

Montalvo Announces All New Load Cell: N Micro

Montalvo, international specialists in web tension control, announces its latest addition to their growing load cell portfolio, the N Micro Cantilever Load Cell. N Micro Load Cells are ideal for narrow web, light tension applications requiring precise, superior tension control measurement. Montalvo’s N-Micro load cell are commonly used in applications producing labels, tapes, and more, delivering higher quality results for higher quality end product.

Montalvo, international specialists in web tension control, announces its latest addition to their growing load cell portfolio, the N Micro Cantilever Load Cell. N Micro Load Cells are ideal for narrow web, light tension applications requiring precise, superior tension control measurement. Montalvo’s N-Micro load cell are commonly used in applications producing labels, tapes, and more, delivering higher quality results for higher quality end product.

Director of Sales and Marketing, Bryon Williams says, “Montalvo is one of the few web tension control specialists continuously developing new products for the constantly evolving industry. The N Micro is designed for narrow web applications, often running multiple webs of material that all need to be precisely tensioned at the same amount to effectively perform as one end product. It is a cost-effective solution for these applications whether they are running web or more.

Source:

Montalvo Corporation

13.08.2019

NCTO Welcomes Administration’s Inclusion of Finished Apparel & Textile Products

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber though finished sewn products, issued the following statement today in response to the U.S. Trade Representative Office’s (USTR) announcement regarding the next steps for the proposed 10 percent tariff on approximately $300 billion of Chinese imports.  NCTO testified most recently on June 20, urging the administration to move forward with tariffs on finished apparel and home textile products.

The National Council of Textile Organizations (NCTO), representing the full spectrum of U.S. textiles from fiber though finished sewn products, issued the following statement today in response to the U.S. Trade Representative Office’s (USTR) announcement regarding the next steps for the proposed 10 percent tariff on approximately $300 billion of Chinese imports.  NCTO testified most recently on June 20, urging the administration to move forward with tariffs on finished apparel and home textile products.

“As U.S. manufacturers that have suffered enormously from China’s illegal IPR activities and state-sponsored export subsidies, we strongly support the administration’s decision to move forward with this next tranche of 301 retaliatory tariffs that will finally cover a significant portion of China’s exports in our sector,” said NCTO President and CEO Kim Glas.

 

More information:
NCTO
Source:

NCTO - National Council of Textile Organizations

PCMC (c) BW Company
12.08.2019

PCMC to bring its Meridian laser anilox cleaner to Labelexpo Europe

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, will be showcasing its Meridian laser anilox cleaner at Labelexpo Europe (booth 11C36), held 24 to 27 Sept., 2019, in Brussels. This is the first time the Meridian will be showcased with live demonstrations at this show.

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, will be showcasing its Meridian laser anilox cleaner at Labelexpo Europe (booth 11C36), held 24 to 27 Sept., 2019, in Brussels. This is the first time the Meridian will be showcased with live demonstrations at this show.

Attendees may visit the PCMC booth anytime to watch as the Meridian quickly deep-cleans anilox cells by using a laser to remove deposited particles inside of the cells. This cleaning technology extends the life of anilox rolls and does not require any chemicals, sodium bicarbonate, polymer beads, water or detergents—making it a sustainable cleaning technology with a very low environmental impact. PCMC’s newest Meridian models are designed for the narrow web market and include a new internal traversing vacuum system.

“We’re very excited to welcome people into our booth to view the new innovations on our Meridian firsthand,” said Rodney Pennings, PCMC’s Printing, Coating and Laminating Sales Director. “I think they’ll be impressed by its technology, speed and effectiveness.”

Source:

BW Company

08.08.2019

Lenzing solid in a significantly more challenging market environment

  • Continued positive development of specialties business with revenue share of already more than 48 percent
  • Commitment to long-term growth plan – investment in new 100,000 tons plant in Thailand approved
  • Significantly more challenging market environment for standard viscose with historically low prices
  • Outlook for 2019 confirmed

The Lenzing Group continued its solid business development in the first half of 2019.

  • Continued positive development of specialties business with revenue share of already more than 48 percent
  • Commitment to long-term growth plan – investment in new 100,000 tons plant in Thailand approved
  • Significantly more challenging market environment for standard viscose with historically low prices
  • Outlook for 2019 confirmed

The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue. The disciplined implementation of the sCore TEN strategy and the focus on specialty fibers continue to have a positive impact. Thanks to ongoing high demand for sustainably produced specialty fibers and positive currency effects, the impact of low standard viscose prices was largely offset in earnings.

More information:
Lenzing Group
Source:

Lenzing AG

02.08.2019

NCTO Board Member Kathie Leonard Named to Ex-Im Bank Advisory Committeeisory Committee

NCTO Board member and President and CEO of Auburn Manufacturing Inc. Kathie Leonard was appointed to serve as the U.S. textile industry representative on the Export-Import Bank (Ex-Im) 2019 Advisory Committee.

Auburn Manufacturing Inc. is a woman-owned manufacturer based in Mechanic Falls, Maine, producing heat-and fire-resistant textiles used worldwide by industries like ship building/repair, foundries, mining, aerospace, power generation and many other heat-intensive industries.

NCTO Board member and President and CEO of Auburn Manufacturing Inc. Kathie Leonard was appointed to serve as the U.S. textile industry representative on the Export-Import Bank (Ex-Im) 2019 Advisory Committee.

Auburn Manufacturing Inc. is a woman-owned manufacturer based in Mechanic Falls, Maine, producing heat-and fire-resistant textiles used worldwide by industries like ship building/repair, foundries, mining, aerospace, power generation and many other heat-intensive industries.

Leonard started the company in 1979 and over the past 40 years has worked tirelessly to build Auburn Manufacturing into a leader in its field, turning 1.5 million pounds of fiber per year into over 2 million yards of fabric.

More information:
NCTO
Source:

National Council of Textile Organizations

01.08.2019

NCTO supports President Trump’s announced plan to impose a 10% tariff on $300B of Chinese imports

The National Council of Textile Organizations welcomes President Trump’s announcement that he will impose a 10% tariff on the remaining $300 billion of imports from China on September 1.

The U.S. textile industry has long supported the administration’s efforts to crack down on China’s abuse of intellectual property rights through the use of the Section 301 mechanism, while also calling on the administration to include finished apparel and home furnishings in any retaliatory tariffs against China.

The National Council of Textile Organizations welcomes President Trump’s announcement that he will impose a 10% tariff on the remaining $300 billion of imports from China on September 1.

The U.S. textile industry has long supported the administration’s efforts to crack down on China’s abuse of intellectual property rights through the use of the Section 301 mechanism, while also calling on the administration to include finished apparel and home furnishings in any retaliatory tariffs against China.

Chinese imports of finished goods into the U.S. market, which have had the most significant impact and disruption on domestic textile and apparel production, investment and jobs, will finally be included in the administration’s retaliatory tariffs.

 

More information:
NCTO
Source:

NCTO

Manteco (c) Manteco
29.07.2019

MANTECO debuts at Première Vision’s Smart Creation platform

For the first time, Italian textile company Manteco showcases its ultimate innovations at Première Vision’s Smart Creation, the fair’s most cutting edge epicentre showcasing visionary innovators pushing for a sustainable change and making the difference in the fashion business. The Prato-based company is leader in the production New Generation Recycled Wool thanks to a specially designed KM0, traceable and circular economy model.

For the first time, Italian textile company Manteco showcases its ultimate innovations at Première Vision’s Smart Creation, the fair’s most cutting edge epicentre showcasing visionary innovators pushing for a sustainable change and making the difference in the fashion business. The Prato-based company is leader in the production New Generation Recycled Wool thanks to a specially designed KM0, traceable and circular economy model.

Behind the sustainable approach and the premium quality textiles there are generations of ‘saper fare’ - know-how, in Italian -, indeed, Manteco’s products are not only responsibly Made in Italy but imbued with the skills of the artisans and makers working within 10 kms around the company. “Made in Italy does not mean processing high-quality materials with international technologies and then label the final product for export. It means products grown, taken care of and handcrafted in the country.” Says Matteo Mantellassi, CEO of Manteco. “But there’s a further step to this: harnessing the local ‘genius loci’, meaning the skills, traditions and human potential of a territory. We are proud to say that since 1943 we have always been 100% Made in Italy.”

 

More information:
Manteco
Source:

GB Network Marketing & Communication

26.07.2019

Expansion of pulp production at the Lenzing site successfully completed

  • Production capacities increased to 320,000 tons p.a.
  • Investments of EUR 60 mn enhance self-sufficiency and strengthen autonomy from market prices
  • Project serves as a significant economic driver in the region

Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested EUR 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year.

  • Production capacities increased to 320,000 tons p.a.
  • Investments of EUR 60 mn enhance self-sufficiency and strengthen autonomy from market prices
  • Project serves as a significant economic driver in the region

Lenzing AG, producer of pulp and fibers from the renewable raw material wood, has concluded its expansion and modernization drive at the pulp plant at the Lenzing site. The company invested EUR 60 mn for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from 300,000 to 320,000 tons per year. The coming on stream of the additional pulp capacities over the past weeks strengthens Lenzing’s self-supply of pulp in accordance with the sCore TEN corporate strategy.

“The successful expansion brings us closer to achieving our strategic objective of increasing our self-supply of pulp to a level of 75 percent, thus making us even more resistant to price fluctuations in sourcing pulp”, says Stefan Doboczky, CEO of the Lenzing Group. “We are also pleased that this project enables us to make a further significant contribution towards strengthening the Lenzing site as well as the regional economy”, Mr. Doboczky adds.

The expansion drive was completed in less than two years. In addition to 100 Lenzing Group employees, numerous external partner companies from Upper Austria and neighboring regions were involved in implementing the project. About 40,000 working days were needed by external companies in order to install the delivered machinery on site. The Lenzing Group secured additional jobs due to the pre-production work required in the factories of these suppliers.

In line with the corporate strategy of the Lenzing Group, the self-supply of dissolving wood pulp will be successively increased in the coming years to 75 percent of consumption. At present, Lenzing’s own pulp plants in Lenzing and Paskov (Czech Republic) cover 60 percent of the Group’s pulp requirements. The Lenzing site primarily makes use of beech wood which is not suitable for producing furniture, whereas it mainly relies on spruce wood in the Czech Republic. The remaining dissolving wood pulp is sourced from a variety of hardwoods and softwoods from international partners. In this case, in the spirit of sustainability, Lenzing applies procurement rules which are just as strict as when it purchases wood for its own pulp production.

Source:

Lenzing AG

tintex (c) Tintex Textiles
24.07.2019

TINTEX: Leading through innovation, and more, with a new season of Naturally Advanced fabric collections

At Munich Fabric Start, TINTEX introduces a new holistic approach to creating textiles that is built on the company’s DNA since 1998 for market leading, natural based, smart and responsible innovation

TINTEX is a unique fabric expert in materials and processes, and is introducing new levels of service to the market. First with the new Colorau® Natural Dye commercial innovation, and secondly with the TINTEX E-Commerce service that connects creativity with easy, direct-to-designer product sourcing.

At Munich Fabric Start, TINTEX introduces a new holistic approach to creating textiles that is built on the company’s DNA since 1998 for market leading, natural based, smart and responsible innovation

TINTEX is a unique fabric expert in materials and processes, and is introducing new levels of service to the market. First with the new Colorau® Natural Dye commercial innovation, and secondly with the TINTEX E-Commerce service that connects creativity with easy, direct-to-designer product sourcing.

The third innovation expands the company vision and influence into garment production with the SMART WARDROBE CO.LAB, a new supply chain cooperation working with three leading Portuguese makers.

But first you come and enjoy the unique touch and feel of the latest TINTEX Naturally Advanced fabrics with on-trend innovations enhanced by the new non-salt Colorau® Natural Dye process. This award-winning coloration technology fuses science, and creative innovation as a responsible evolution of better products that can now supply batches over 20kg.

The new A/W 20/21 collection starts from the concept of “WEME”: a Naturally Advanced offer that represents a multifaceted world. WE and ME refers to more than just the individual, but also about community and a collective spirit that seeks to grow the intellectual and spiritual individual needs in a responsive and collective way. It is a nuanced platform to discover a range of unique developments that embody the TINTEX identity through responsible innovation and creativity. Smart ingredients and processes drive innovation enhanced by the TINTEX unique dyeing and finishing expertise.

More information:
TINTEX
Source:

GB Network

24.07.2019

Autoneum: Revenue growth in a strongly declining market

In a strongly declining market, Autoneum increased revenue in local currencies by 1.9% in the first six months of 2019 thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the previous year’s level (CHF 1 159.4 million). All four Business Groups outperformed the market. The turnaround program in North America is showing progress, but the persisting operational inefficiencies at two US plants continue to impact the profitability of the entire Group, as already communicated.

In a strongly declining market, Autoneum increased revenue in local currencies by 1.9% in the first six months of 2019 thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the previous year’s level (CHF 1 159.4 million). All four Business Groups outperformed the market. The turnaround program in North America is showing progress, but the persisting operational inefficiencies at two US plants continue to impact the profitability of the entire Group, as already communicated. Accordingly, EBIT fell to CHF 16.4 million in the first semester, while the anticipated negative net result totaled CHF –6.0 million.

The weak global macroeconomic environment, ongoing trade disputes and the resulting uncertainty among car manufacturers and consumers led to a further sharp decline in global light vehicle production in the first half of 2019. In this difficult market environment, Autoneum was able to increase its revenue by 1.9% in local currencies in the first six months compared to the prior-year period, particularly thanks to numerous model ramp-ups. At CHF 1 156.1 million, revenue in Swiss francs reached the prior-year’s level (CHF 1 159.4 million). While the number of vehicles produced in all regions declined, Business Groups (BG) North America, Asia and SAMEA (South America, Middle East and Africa) grew and outperformed the respective market developments, two of them significantly. Only at Business Group Europe did the sharp drop in production volumes among vehicle manufacturers result in fewer call-offs and lower year-on-year revenue.

More information:
Autoneum
Source:

Autoneum

BASF Photo: BASF
23.07.2019

BASF Ultrafuse 316L – Metal filament for industrial 3D printing

  • Simple and cost-effective printing of stainless steel metal parts
  • Reduces dramatically the potential hazard of handling fine metallic powders when compared to SLM or Binder Jetting
  • Specially designed for open FFF 3D printers
  • BASF begins the commercialization of Ultrafuse 316L with iGo3D, Ultimaker, and MatterHackers

With Ultrafuse 316L, BASF 3D Printing Solutions launches an innovative metal- polymer composite for Fused Filament Fabrication (FFF) into the market.

  • Simple and cost-effective printing of stainless steel metal parts
  • Reduces dramatically the potential hazard of handling fine metallic powders when compared to SLM or Binder Jetting
  • Specially designed for open FFF 3D printers
  • BASF begins the commercialization of Ultrafuse 316L with iGo3D, Ultimaker, and MatterHackers

With Ultrafuse 316L, BASF 3D Printing Solutions launches an innovative metal- polymer composite for Fused Filament Fabrication (FFF) into the market. It enables the safe, simple, and cost-efficient production of fully metal parts for prototypes, metal tooling, and functional metal parts in the simplest 3D printing process. After the subsequent industry-standard debinding and sintering, the final 3D printed part is 316L stainless steel.

More information:
BASF 3D Printing Solutions
Source:

BASF 3D Printing Solutions GmbH

23.07.2019

C.L.A.S.S: CO.LAB - The wardrobe of tomorrow is set to change

Important evolutions are already in place according to some key directions that are already clearly visible today. What does a new fashion business need to be?

IT NEEDS TO BE SMART - It will have to be smart, sustainable and as low impactful as possible. The fashion industry has started taking new steps in order to inform and educate the consumer on the one side, while at the same time, is changing its material use, R&D and productive processes.

Important evolutions are already in place according to some key directions that are already clearly visible today. What does a new fashion business need to be?

IT NEEDS TO BE SMART - It will have to be smart, sustainable and as low impactful as possible. The fashion industry has started taking new steps in order to inform and educate the consumer on the one side, while at the same time, is changing its material use, R&D and productive processes.

TO BE COLLABORATIVE - It will have to be always more collaborative. Each single player, from the accessory manufacturer to the final consumer, has to act very consciously because every action has an impact on our local and global environment. Everyone has to start acting and buying more responsibly.

AND COLLECTIVE - The future will be guided by common aims, shared responsibilities and collective involvement. Designers will have to collaborate with fabric and garment manufacturers. Entrepreneurs will have to check carefully productive quantities and decrease distances when choosing their suppliers. Manufacturers can start deciding when it’s time to get involved with specific auditing or certifications, though, always in constant dialogue with all partners in the value chain.

Source:

GB Network Marketing & Communication

Archroma: New Formaldehyde-Free* Low Temperature Curing Binder © Archroma
Screen capture of Archroma’s video on Archroma's Cool Print system based on the new Helizarin® LTC New, a formaldehyde-free* low temperature curing liquid binder for pigment printing on all kinds of fibers.
22.07.2019

Archroma: New Formaldehyde-Free* Low Temperature Curing Binder

  • For Soft Vibrant And Durable Pigment Prints

Reinach, Switzerland - Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has recently launched at the ITMA exhibition its new Helizarin® LTC New liq, a formaldehyde-free* low temperature curing binder for pigment printing on all kinds of fibers.

  • For Soft Vibrant And Durable Pigment Prints

Reinach, Switzerland - Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has recently launched at the ITMA exhibition its new Helizarin® LTC New liq, a formaldehyde-free* low temperature curing binder for pigment printing on all kinds of fibers.

Prints are increasingly popular in apparel and interior textiles, as they allow us to express ourselves through vibrant colors and patterns. Consumers are especially drawn to the soft touch of an elegantly printed fabric.

Creating soft and vibrant prints can however be challenging for textile manufacturers: Pigment printing is usually applied to the fabric with a binder that often contains formaldehyde, needs a high temperature for curing, and can make the fabric harsh to the touch.

That is why Archroma developed its new Helizarin® LTC New to allow textile manufacturers to address these challenges.

The innovation was developed in compliance with “The Archroma Way: safe, efficient, enhanced, it’s our nature”. The approach finds its origin in Archroma’s deep belief that it is possible to make the textile industry sustainable, economically and ecologically.

Helizarin® LTC New is a binder designed for low temperature curing or no curing. This allows to reduce the fixation temperature and time compared to conventional pigment printing processes. In addition, manufacturers will not experience the change of shades that sometimes occur with high temperature processes.

When using Helizarin® LTC New, textile manufacturers can therefore improve the productivity of their printing process and reduce their energy consumption.

Helizarin® LTC New is also a welcome solution for textile manufacturers who do not have curing equipment, since it offers similar to better fastness than commodity binders that have been treated through a full process, and excellent fastness on synthetic fibers such as polyester and polyamide.

When it comes to the final result on the fabric, Helizarin® LTC New allows the creation of soft and durable prints for premium quality articles.

The new product will be the core of Archroma's Cool Print, a complete formaldehyde-free* system that keeps printed textiles soft and durable, and the planet cooler.

The system, which combines Helizarin® LTC New with Luprintol® softening and fixing auxiliaries and Printofix® pigment preparations, allows manufacturers to realize potential savings of up to 30% in processing time, 45% in energy consumption and 44% CO2 emissions – compared to benchmark pigment printing.

Helizarin® LTC New, as well as the Cool Print system, is formaldehyde free* and registered under REACH. It can be used in line with the ZDHC & bluesign® requirements, is compliant with the Oeko-Tex Std 100 Class 1 standard for baby wear, and with the MRSL of the most major brands.

“Helizarin® LTC New was developed by Archroma’s R&D team together with experts at our Global Competence Center for Printing, based in Barcelona, Spain”, says Joaquin Femat, Head of Business Development for Printing, Brand & Performance Textile Specialties, at Archroma. “As The Archroma Way is based on Safe, Efficient and Enhanced as its three pillars, we designed an innovation that offers our customers a balanced combination of resource optimization, safe handling, and controlled effluent. Because it’s our nature!”
 

More information:
Archroma Helizarin Farben
Source:

EMG

Sappi (c) Sappi
18.07.2019

Sappi: Innovation meets sustainability

Sappi to present its innovative papers and packaging solutions at FachPack 2019

Sappi to present its innovative papers and packaging solutions at FachPack 2019

Environmentally friendly packaging is a hot topic worldwide. Sappi has been a pioneer in the field of innovative and sustainable packaging solutions for years. The company will present its latest innovations at Stand 9-260 at FachPack in Nuremberg. Alongside barrier papers, these include the heat-sealable Sappi Seal paper. This is notable for being completely recyclable and can replace existing PE-coated packaging. The recently launched Atelier paperboard will be another focus of the trade fair presentation. This offers brilliant colour reproduction and a silky touch and feel.

More information:
Sappi FachPack
Source:

RUESS PUBLIC T GMBH

18.07.2019

Rieter: First Half of 2019 Characterized by Low Demand in the New Machinery Business

  • Order intake in the first• Order intake in the first half of 2019 amounted to CHF 378.3 million, 26% below the previous year period
  • At CHF 416.1 million, sales were 19% down on the previous year period
  • EBIT of CHF -1.2 million and net profit of CHF -3.8 million
  • Implementation of cost-cutting measures proceeding according to plan
  • Innovations successfully launched at ITMA 2019 in Barcelona
  • Major order from Egypt signed – worth around CHF 180 million
  • Completion of real estate sale in Ingolstadt (Germany) expected in the third qua
  • Order intake in the first• Order intake in the first half of 2019 amounted to CHF 378.3 million, 26% below the previous year period
  • At CHF 416.1 million, sales were 19% down on the previous year period
  • EBIT of CHF -1.2 million and net profit of CHF -3.8 million
  • Implementation of cost-cutting measures proceeding according to plan
  • Innovations successfully launched at ITMA 2019 in Barcelona
  • Major order from Egypt signed – worth around CHF 180 million
  • Completion of real estate sale in Ingolstadt (Germany) expected in the third quarter 2019
  • Outlook unchanged compared to spring 2019

In the first half of 2019, Rieter posted an order intake of CHF 378.3 million (first half year 2018: CHF 511.8 million). This represents a decline of around 26% compared to the previous year period. As already reported, the main reason was low demand in the new machinery business (Business Group Machines & Systems: -34%). Rieter understands that market share remained unchanged at the previous year’s level of around 30%. Order backlog as at June 30, 2019 was CHF 295 million (December 31, 2018: CHF 325 million).

More information:
Rieter Holding Ltd.
Source:

Rieter Management AG

HeiQ Photo: Shutterstock
18.07.2019

HeiQ: PFC-free DWR with dry cleaning durability

Swiss textile innovator HeiQ launches new fluorocarbon-free (PFC-free) products in their HeiQ Eco Dry product family for a full range of durable water repellence (DWR) technologies, for outdoor apparel to footwear and fashion. The newly introduced products are durable to dry cleaning.

Swiss textile innovator HeiQ launches new fluorocarbon-free (PFC-free) products in their HeiQ Eco Dry product family for a full range of durable water repellence (DWR) technologies, for outdoor apparel to footwear and fashion. The newly introduced products are durable to dry cleaning.

Consumers of water repellent jackets, pants and footwear think it is important that products are made of environmentally-friendly materials and are PFC-free1. HeiQ Eco Dry is a family of innovative, eco-friendly and PFC-free water repellent textile technologies that provide protection against water and water-based stains. As of August 2018, HeiQ Eco Dry has a brand awareness of 8% in the US among water repellent gear consumers1. By adding new products to the range, HeiQ now has a broad range of DWR solutions for outdoor apparel, footwear and fashion markets.

More information:
HeiQ DWR
Source:

HeiQ

16.07.2019

Lectra announces the acquisition of Retviews

Lectra announces the signing of an agreement with the shareholders of the Belgium company Retviews to acquire 100% of capital and voting rights.

Founded in 2017, Retviews has developed an innovative technological offer that enables fashion brands to analyze real-time market data, in order to increase their sales and margins. Today, more than 30 brands use Retviews in France and Belgium.

Lectra announces the signing of an agreement with the shareholders of the Belgium company Retviews to acquire 100% of capital and voting rights.

Founded in 2017, Retviews has developed an innovative technological offer that enables fashion brands to analyze real-time market data, in order to increase their sales and margins. Today, more than 30 brands use Retviews in France and Belgium.

Source:

Lectra

archroma Photo: Archroma
15.07.2019

Archroma to introduce new water-based ultra-low VOC Coating Technology

Archroma has launched at the recent ITMA exhibition its new Lurapret® N5396 & N5392 liq, a water-based ultra-low VOC polyurethane (PU) polymer coating technology.

The innovation was developed in compliance with “The Archroma Way: safe, efficient, enhanced, it’s our nature”. The approach finds its origin in Archroma’s deep belief that it is possible to make the textile industry sustainable, economically and ecologically.

Archroma has launched at the recent ITMA exhibition its new Lurapret® N5396 & N5392 liq, a water-based ultra-low VOC polyurethane (PU) polymer coating technology.

The innovation was developed in compliance with “The Archroma Way: safe, efficient, enhanced, it’s our nature”. The approach finds its origin in Archroma’s deep belief that it is possible to make the textile industry sustainable, economically and ecologically.

Coatings are used in the textile industry to achieve features such as waterproofness, flexibility, durability and UV resistance. With the growing demand for safer and more ecological products, water-based PU coatings are progressively prevailing as the preferred coating technology.

More information:
Archroma ITMA 2019
Source:

Archroma