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25.08.2022

PICANOL GROUP: Strong first HY22, but …

In comparison to HY 21 revenue went up by 26% to 1,707.3 million EUR, the profit reached 123.9 million EUR (+6%).

Machines & Technologies revenue increased by +10%. The revenue of Agro increased by +46%, Bio-valorization revenue increased by +27%, the revenue of Industrial Solutions increased by +21%, and the revenue of T-Power increased by 4%. This revenue increase could be mainly realized thanks to higher sales prices, implemented to compensate the increase of raw material, energy and transportation costs in most segments.

In comparison to HY 21 revenue went up by 26% to 1,707.3 million EUR, the profit reached 123.9 million EUR (+6%).

Machines & Technologies revenue increased by +10%. The revenue of Agro increased by +46%, Bio-valorization revenue increased by +27%, the revenue of Industrial Solutions increased by +21%, and the revenue of T-Power increased by 4%. This revenue increase could be mainly realized thanks to higher sales prices, implemented to compensate the increase of raw material, energy and transportation costs in most segments.

In the first half of 2022, revenue increased by +10% for the segment Machines & Technologies. This increase in revenue took place both in weaving machines (Picanol) and other industrial activities (Proferro, PsiControl). Picanol launched the OmniPlus-i TC Connect weaving machine into the Machines & Technologies segment in early 2022. This model, which was specifically made for weaving tire cord, has been upgraded with the latest airjet technology and equipped with the features of the new generation Connect weaving machines. However, HY22 Adjusted EBITDA decreased by 64% compared to last year due to the negative impact of rising raw material prices, transportation costs and costs of late deliveries, which could not be translated into higher selling prices, partly due to the large order book.

The group anticipates a continued high level of uncertainty in the second half of 2022, as well as in 2023, due to the current conflict in Eastern Europe, the difficult supply chain circumstances, and other challenges following the coronavirus pandemic. The development of customer demand and sales margin could therefore come under pressure. However, based on currently available information, Picanol Group expects that the 2022 Adjusted EBITDA will be higher than the 2021 Adjusted EBITDA (430.3 million EUR). This revised outlook for the 2022 financial year reflects the strong first half of the year, while the result for the second half is expected to be in line with the same period in the previous year.

More information:
Picanol Group
Source:

Picanol Group

(c) Trützschler
Ralf Helbig, R & D Engineer for Air Technology (left) and Christian Freitag, Head of Air Technology at Trützschler (right).
27.09.2021

Trützschler: TC 19i sets the benchmark for energy-efficient carding

Global energy consumption reached a record high in 2019, following a 40-year trend for rapidly increasing energy demand that was only halted by the Coronavirus pandemic. It’s estimated that more than 80 % of this energy is still generated from fossil fuels that produce CO2 emissions and contribute to climate change. Renewable energy offers a solution to this problem, but saving energy whenever possible is an even more effective approach. That are the motives for Trützschler to develop the intelligent card TC 19i, which sets a new benchmark for energy-efficient carding.

The intelligent Trützschler card TC 19i features the unique T-GO gap optimizer, which continuously and automatically monitors and adjusts the carding gap to an ideal position during production. Innovative drive- and air technology further reduce energy consumption of the TC 19i.

Global energy consumption reached a record high in 2019, following a 40-year trend for rapidly increasing energy demand that was only halted by the Coronavirus pandemic. It’s estimated that more than 80 % of this energy is still generated from fossil fuels that produce CO2 emissions and contribute to climate change. Renewable energy offers a solution to this problem, but saving energy whenever possible is an even more effective approach. That are the motives for Trützschler to develop the intelligent card TC 19i, which sets a new benchmark for energy-efficient carding.

The intelligent Trützschler card TC 19i features the unique T-GO gap optimizer, which continuously and automatically monitors and adjusts the carding gap to an ideal position during production. Innovative drive- and air technology further reduce energy consumption of the TC 19i.

The most energy-intensive elements in a carding machine are the drive, the dust suction process and the compressed air system. Permanent suction is needed to remove dust and cotton waste in key places. Smart optimization of these areas has made the intelligent card TC 19i a benchmark for energy efficiency in carding because it uses less electricity, lower suction pressure and less compressed air than other machines, while providing the highest production rates currently available on the market.

In a head-to-head comparison between the TC 19i and a high-performance card from a competitor, the TC 19i consumed at least 10 % less energy per kilogram of material produced when manufacturing rotor yarn from a cotton and cotton waste mix. The compared energy values included electric power consumption and energy required for suction and compressed air and were measured in both cards at the same production of 180 kg/h. A 10 % reduction in energy per kilogram of sliver produced, as proven here by TC 19i, can have a significant impact on a spinning mill’s profitability; annual savings worth a five-digit sum are frequently possible, depending on factors such as the output of the mill. The customer trial also showed TC 19i’s excellent reliability at the customer’s usual production rate of 180 kg/h, and even demonstrated stable performance at 300 kg/h in the same application. Because the TC 19i with T-GO gap optimizer realizes maximum production rates at no compromise in quality, manufacturers can reduce their energy demand and investment costs drastically: Less machines are needed to achieve the desired output, and energy consumption per production is reduced.

This improvement was made possible by a long and sometimes challenging innovation process involving mathematical models of air flows, as well as flow simulations and prototypes. By combining the final flowoptimized parts in the TC 19i, Trützschler’s experts have developed a card that operates with suction pressure of just -740 Pa and with an air requirement of only 4200 m³/h. This translates into 40 % less energy demand for air technology compared to the latest high-performance competitor model.

More information:
Trützschler carding technology
Source:

Trützschler

(c) Groz-Beckert KG
07.07.2021

Groz-Beckert at ITMA Asia: “complete success”

In addition to the in-person event, the company invited its visitors to a virtual booth. Groz-Beckert welcomed a total of almost 3,600 visitors during the trade fair – 2,300 of them in person and around 1,300 virtually.

This year, the virtual booth complemented the traditional booth on the trade fair grounds to enable us to reach as many customers as possible despite the coronavirus pandemic and worldwide restrictions. At both booths, the product highlights were explored using 3D models and discussions were held. At the virtual booth, each visitor had their own avatar which they could use to move through the virtual world. An exchange between customers and Groz-Beckert took place either in person or – also in real time – via chat or video cal
 
In Shanghai, most of the visitors came from China due to the pandemic. The ranking in the virtual environment puts India top in terms of visitor numbers, followed by Bangladesh, Germany and Turkey.

In addition to the in-person event, the company invited its visitors to a virtual booth. Groz-Beckert welcomed a total of almost 3,600 visitors during the trade fair – 2,300 of them in person and around 1,300 virtually.

This year, the virtual booth complemented the traditional booth on the trade fair grounds to enable us to reach as many customers as possible despite the coronavirus pandemic and worldwide restrictions. At both booths, the product highlights were explored using 3D models and discussions were held. At the virtual booth, each visitor had their own avatar which they could use to move through the virtual world. An exchange between customers and Groz-Beckert took place either in person or – also in real time – via chat or video cal
 
In Shanghai, most of the visitors came from China due to the pandemic. The ranking in the virtual environment puts India top in terms of visitor numbers, followed by Bangladesh, Germany and Turkey.

More information:
Groz-Beckert ITMA Asia + CITME
Source:

Groz-Beckert KG