From the Sector

This year, EFI™ Reggiani celebrates 75 years of heritage, innovation and glamour in the textile world. As part of its anniversary celebration, the textile technology innovator is revealing the imminent launch of three new digital textile printers.

Reggiani Tessile – which was one of the largest fabric manufacturing companies in Italy – created the company to meet its needs in machinery development. Then known as Reggiani Macchine, the company grew tremendously over five decades thanks to continuous product innovation and close customer relationships.

From the creation of its first traditional printer to its latest technological innovations, EFI Reggiani’s tradition and dedication to its products have contributed to the global transformation of the textile market. EFI Reggiani solutions are used in high-quality, highly productive operations in all of the world’s major textile manufacturing centres. New EFI Reggiani innovations also help facilitate the spread and localisation of industrial textile manufacturing closer to end users in new geographic markets.

In the growing industrial, entry-level segment of the market, EFI Reggiani is strengthening its multi-pass offering by introducing two new scanning machines, which will help facilitate customers’ needs to manufacture closer to the end consumer. The pair of scanning printers EFI Reggiani is bringing to market in 2021 will enable new customers to take their first steps in industrial textile digital printing.

Teijin Limited announced today that its Tenax™ carbon fiber prepreg has been adopted for a part of nacelle, or streamlined housing, for next-generation aircraft engine to be used by Airbus. A prototype of the nacelle part, which Nikkiso Co., Ltd. is developing for Airbus’s Propulsion of Tomorrow project, will be delivered to Airbus by the end of 2021.

The Tenax™ prepreg used for the nacelle part was developed especially for aircraft applications using high-performance and rapid-curing epoxy resin. Notably, the Tenax™ prepreg can be molded at a lower temperature and in a shorter time than conventional prepregs for aircraft applications. In addition to general autoclave molding, the Tenax™ prepreg also is suited to press molding for mass production, achieving excellent quality required for aircraft applications. Furthermore, it is compatible with automated fiber placement (AFP) therefore can be combined with automatic laminating technology and short-time molding to maximize production efficiency. The excellent productivity and cost efficiency of the Tenax™ prepreg were key reasons why it was adopted for Nikkiso’s nacelle.

Teijin is intensively accelerating its development of mid- to downstream applications for aircraft, one of the strategic focuses of its medium-term management plan for 2020-2022. Going forward, Teijin intends to further strengthen its carbon fiber and intermediate material businesses to contribute to increasing global sustainability, aiming to become a company that supports the society of the future.

Todd Zimmerman, a long-time graphic arts executive with a strong track record of growing advanced technology initiatives in print, has joined Electronics For Imaging, Inc. as its new vice president and general manager, Display Graphics.

He comes to EFI™ from Fujifilm® USA, where he spent a decade and a half in a variety of executive roles, most recently as division president and corporate VP of Fujifilm Global Graphic Systems. Prior to joining Fujifilm, Zimmerman worked in sales with Kodak Polychrome Graphics.

Zimmerman assumes his new role at a time when many EFI customers are growing their businesses to meet recovery-fuelled, post-pandemic business needs, especially in key application areas, such as point-of-purchase graphics, tradeshow and event signage, and environmental graphics and décor. As print businesses regain their momentum, Zimmerman will lead EFI’s largest inkjet business segment, a Display Graphics business that is among the world’s largest developers of superwide-format UV LED and dye-sublimation inkjet printers and inks.

Teijin Carbon Europe introduces a new thermoplastic carbon fiber tape (TPUD) based on PPS. The new Tenax™ TPUD with PPS matrix allows entry in new cost-sensitive markets while offering the typical TPUD advantages like high resistance to chemicals and solvents, low flammability, storage or shipping at room temperature and recyclability.  

Due to its flame retardant properties and low smoke emission, it can be used in interior applications of aircraft or rail vehicles, among others. The maximum continuous operating temperature is up to 220 °C. Very low water absorption, excellent creep resistance even at elevated temperatures and high dimensional stability round off the property portfolio of this new TPUD. It is therefore also suitable for demanding applications in the aerospace, oil & gas, sporting goods or industrial sectors, while remaining cost-effective. These properties make the product perfect for highly automated processing routes such as ATL or AFP in combination with overmolding for complex geometries. Production start for the Tenax™ TPUD with PPS matrix is the first quarter in 2021.

For almost 10 years, unidirectional tapes (TPUD) have been manufactured from carbon fibers and thermoplastics in Heinsberg, Germany. The semi-finished products have so far been offered with PEEK or PAEK – and PPS is now added to the list of available matrixes. PPS allows a lower process temperature compared to PEEK or PAEK. For the industrial market in particular, increasing the production rate to make processes more cost-efficient is an opportunity.

International technology Group ANDRITZ has received an order from Pratrivero s.p.a. to supply a new eXcelle batt forming line for their production facilities in Valdilana, Italy. The line will be dedicated to the production of Maliwatt products, used in furnishing, automotive, naval, medical, geotextiles, advertising, clothing, and packaging applications. Installation and start-up are scheduled for the third quarter of 2021.

The ANDRITZ batt forming line includes an eXcelle card and eXcelle crosslapper, a ProDyn™ web profiling correction system as well as a scanning gauge with a closed loop. The ProDyn system combines actions from the card doffers with dynamic speed variation at the crosslapper. This will result in substantial fiber savings and reduction in CV%, providing improved weight evenness in the final product. The ProDyn closed loop will ensure the best possible self-regulation for the equipment and thus enable Pratrivero to produce one of the best product qualities on the market. Pratrivero will be the world’s first company to use the ProDyn technology in the Maliwatt stitchbonding process.

Stitchbond is a nonwoven process made by mechanically interlocking fiber webs with continuous filaments, thus imitating textiles. Stitchbonded products are used in many applications due to their lower production costs compared to woven textiles. Among all the different nonwoven processes in which it operates, ANDRITZ is also a market-leading supplier of batt forming equipment for the stitchbonding processes producing Maliwatt, Malivlies and quilting.

Pratrivero is an important player in the production of nonwoven fabrics using stitchbonding technology.

On June 1-2, 2021, JEC Composites Connect, the first round-the-clock digital event of the composites industry, will host significant industry players, enabling participants to discover their latest innovations. Three competitions the JEC Composites Challenge, the JEC Composites Startup Booster, and the famous JEC Composites Innovation Award, will also put the spotlights on the most innovative solutions and products this year

Key Figures

More than 1,000 companies from all the composites value chain spanning 46 countries will participate, network, and present their latest products on their digital booths.

Exhibitor’s breakdown by industrial sector :

• Raw materials
• Intermediate products
• Equipment, tools, and ancillary products
• Distribution, agents, and representation
• Third parties, services, engineering, and R&D
• Composite’s part producers and processors
• Composite’s end-users and integrators

Highlighting excellence and innovation

JEC Composites connect will also be the place to promote the composites sector’s biggest innovative projects. Many product launches are expected to be announced over the two days of the show, evidences a solidly dynamic sector led by high-performance and environmentally friendly innovations.

Among which 65 product launches are listed in the 2021 Innovation Report: from Raw materials, Intermediates and Ancillary, R&D to Production and Equipment, including Simulation and Measurement and Services.

Competitions and awards ceremonies

The JEC Composites Challenge will give the floor to ten young researchers from around the world on June 2nd at 12pm CEST. They will have five minutes to convince a panel of judges composed of leading industrial players in the composites sector. The competition builds bridges between research and industry and is a highlight of the event.

The 2021 JEC Composites Startup Booster has a line-up of 20 finalists who will pitch during two live sessions on June 1st from 10:30 am to 11:30 am and from 5 pm to 6 pm CEST. The 2021 JEC Composites Innovation Awards will celebrate the most innovative composites projects and fruitful collaborations between different value chain players in 2021.

Under vacuum, the new BB Engineering large-area filter produces a homogeneous, pure melt with a targeted IV setting for instance, for returning polyester production waste to the melt flow, but also for achieving a homogeneous viscosity in the case of virgin material.

BB Engineering has expanded its melt filter portfolio to include a patented large-area vacuum filter designed especially for processing polyester waste. The so-called Visco+ filter is already known as the key component of the BB Engineering VacuFil recycling system. Now, it is also available as a separate and easily-integratable upgrade component for existing systems. Within this context, the uses of the Visco+ are by no means limited to just decontamination. Here, the Visco+ offers the following solutions:

• IV homogenization: if an existing production system is struggling with IV fluctuations, the Visco+ is able to actively intervene and balance out any irregularities;
• IV increase: if the final viscosity is insufficient when processing recycled materials, the Visco+ can increase the IV without the negative impact of long residence times.

In this way, the Visco+ enables fast and flexibly-controllable viscosity build-up and reliable viscosity monitoring of the polyester melt using a to-date unique, patented process. Depending on the intended end use, the melt can be ad-justed to the further processing procedure in a targeted manner. The requi-site melt properties above all the intrinsic viscosity, but also the purity and homogeneity are achieved in a reliable and reproducible manner and can also be adjusted during ongoing operation.

As a melt filter, the Visco+ operates like a liquid-state polycondensation unit. A maintenance-intensive reactor or a deposit-prone stirring unit are not required. Moisture is removed from the PET in the filter, which – in conjunction with an adjustable residence time – results in the desired IV increase in the vacuum. This enables a controlled IV build-up of up to 30%. The intrinsic vis-cosity is the central quality figure in PET recycling and rPET processing. It determines the melt performance in the downstream production process and the properties of the end products. The intrinsic viscosity is continually moni-tored by means of an integrated viscosity measurement unit and reliably adjusted in the event of deviations (caused by disparate input qualities, for ex-ample). At the same time, the filter provides an enormous material surface compared to the volume and continuously renews this. To this end, contamination can be removed particularly effectively from the starting material by means of automatically-regulated high-performance vacuum (1-30 mbar).

The Visco+ is particularly suitable for recycling PET waste that is to be reused for high-end products.

Oerlikon signs agreement to acquire INglass, a global leader in high precision polymer flow control equipment, to accelerate expansion strategy in polymer processing market

• INglass and its HRSflow Division is a market leader spezialized in hot runner sytems
• Technology is highly complementary to Oerlikon’s existing capabilities in polymer flow control and will expand Oerlikon’s market access
• Acquisition accelerates Oerlikon’s strategy in diversifying its manmade fibers business to expand into the high-growth polymer processing solution market
• Oerlikon renames ‘Manmade Fibers’ Division to ‘Polymer Processing Solutions’
• Acquisition is expected to be completed in the second quarter of 2021

Oerlikon, a leading provider of surface engineering, polymer processing and additive manufacturing, announced today that it has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its innovative hot runner systems technology operating under its market-leading HRSflow business.

The strategic acquisition is a significant step in expanding Oerlikon’s current manmade fibers business into the larger polymer processing market. The acquisition accelerates and enhances existing organic initiatives to diversify and strengthen the company’s core high-precision polymer flow control capabilities, products and services. The completion of the transaction is subject to customary regulatory approvals and is expected by the second quarter of 2021.

To reflect Oerlikon’s expansion into a larger high-growth market, the Manmade Fibers Division will be renamed as Polymer Processing Solutions Division. This division will have two business units: Flow Control Solutions and Manmade Fibers Solutions. The busines unit Flow Control Solutions will combine the expertise of Oerlikon Barmag’s existing gear metering pumps business line and INglass’ HRSflow operations. The business unit Manmade Fibers Solutions will continue to focus on growing the existing chemical fiber machinery and plant engineering business, offering plant solutions for the production of polyester, polypropylene and polyamide.

“Our new Polymer Processing Solutions Division and the acquisition of INglass S.p.A. and its HRSflow business are critical components of Oerlikon Group’s growth strategy. We are accelerating our efforts to drive sustainable organic and inorganic growth in all of our businesses. The acquisition enables new synergy opportunities between both Oerlikon divisions in specific end markets such as automotive. With INglass and its HRSflow operations, we acquire leading suppliers in their markets with proven success of their technologies and services,” said Dr. Roland Fischer, CEO Oerlikon Group.

“We firmly believe that within the Oerlikon Group we can further exploit the potential of our hot runner systems technology and, when combined with the capabilities of Oerlikon Barmag gear metering pumps and their melt distribution engineering competence, will position our business as one of the leading precision flow control specialists for multiple applications in a global growth market”, said Antonio Bortuzzo, CEO of INglass S.p.A.

New business unit offers great growth potential

The Oerlikon Barmag competence brand already offers high precision flow control related components, including a large selection of gear metering pumps for textile and non-textile markets. These highly efficient pumps are used in silicone casting, dynamic mixing and oil spraying for the chemical, paint, polymer processing and automotive industries. This double-digit million CHF business, which has grown in recent years, will be merged with INglass’ HRSflow hot runner technologies under the new business unit Flow Control Solutions. HRSflow’s excellent market access to many OEMs in and outside the automotive industry brings significant growth opportunities.

INglass is a leader in automotive and expanding in other sectors

INglass S.p.A. is an internationally operating successful company established in 1987. Its product portfolio includes hot runners as well as engineering and consultancy services for the advanced development of polymer processing products. INglass’ HRSflow hot runner systems are applied in multiple industries from automotive, consumer goods and household appliances to packaging, waste management, construction and transportation.

INglass is headquartered in San Polo di Piave, Italy, near Venice. 2020 revenues of INglass were approximately CHF 135 million and the acquisition is expected to be immediately accretive to Oerlikon’s margins and cash flows. INglass has more than 1 000 employees and 55 sites worldwide, including production plants in Italy, China and the US. Among these sites are INglass’ newly renovated headquarters and production at its primary location in San Polo di Piave near Venice, Italy. The investment modernized the facilities with automated production, underlining the company’s commitment to sustainability and the environment. The other two modern production sites are in Zhejiang (Hangzhou Province) in China and Michigan (Grand Rapids) in the USA.

Following the integration with Oerlikon Barmag’s gear metering pumps business of about 200 employees in Remscheid, Germany, the new Flow Control Solutions business unit will have round about 1 200 employees.

"We see great potential for growth in our new Flow Control Solutions business unit,” said Georg Stausberg, Polymer Processing Solutions Division CEO and Member of the Executive Committee of the Oerlikon Group. “The businesses form the two core growth pillars and benefit from each other in global market development, in modern and digitized production, and in customer services. We also see potential synergies in R&D by combining existing know-how in the field of polymer processing. New technological solutions between hot runner systems and gear metering pumps are conceivable. We also anticipate collaborating more closely with the Oerlikon Surface Solutions Division, particularly in future mobility applications and functional polymer component solutions for the automotive industry. All in all, we will offer our customers innovative and attractive solutions in the field of polymer processing and high precision flow control components.”

Next steps for further diversification of the division product portfolio are already ongoing

Combining the divisions plant engineering and process know how with expertise on high precision flow control components technologies has a significant impact on product quality in nearly all applications, which opens up a platform for further organic and inorganic growth. "We are closely observing the megatrends in the markets and developing new business models to match. In the area of sustainability, covering topics such as circular economy, the recycling of materials using mechanical and chemical recycling solutions, as well as the handling of new, more environmentally friendly and biodegradable materials, we are on the verge of a breakthrough. We are ready to actively participate in these growth areas,” added Georg Stausberg.

“In realigning the Polymer Processing Solutions Division, Oerlikon will continue to apply our successful recipe of a lean organizational structure to efficiently manage the business. This means clear processes, short decision-making paths and competent teams in a diverse and multicultural organization in which everyone can contribute innovatively to create customer value,” said Georg Stausberg.

International technology Group ANDRITZ has received an order from Amarande SAS to supply an elliptical cylinder pre-needler for their plant in Lussac les Châteaux, France. This machine will process shoddy and natural fibers for the production of heavy felts. Installation and start-up of the machine are scheduled for the second quarter of 2021. The new needlepunch production line with the high-performance ANDRITZ cylinder pre-needler will allow Amarande to offer high-quality products and thus open up new market opportunities.

ANDRITZ offers a complete range of elliptical cylinder pre-needlers serving different weights, widths, speeds and punching capacity. Over the years they have become a must for production of heavy products, special applications and also for demanding applications like automotive. They are a key success factor in enabling the subsequent needling machines to process heavy batts smoothly and control the progressive draft through the consolidation process.  

Established in 1990, Amarande is an important French producer of nonwovens, specialized in the production of felt and wadding from recycled textile and natural fibers (wool, cotton, hemp, flax, jute, etc.). The company operates in various markets such as furniture, green spaces, horticultural crops, and insulation.

Based on Article 27 of Regulation 3 on measures to combat the Corona Virus (COVID-19), the Board of Directors of Rieter Holding Ltd. decided that shareholders can exercise their voting rights exclusively by authorizing the independent proxy. Shareholders therefore could not attend the Annual General Meeting in person. The AGM was held on the premises of Rieter Holding Ltd. at the company’s headquarters in Winterthur.

At the Annual General Meeting of Rieter Holding Ltd. on April 15, 2021, the independent proxy represented a total of 2 084 shareholders who hold 63.6% of the share capital.

The shareholders approved the proposal of the Board of Directors not to distribute a dividend in view of the negative business result. In addition, they approved the proposed maximum total amounts of the remuneration of the members of the Board of Directors and of the Group Executive Committee for fiscal year 2022.

The Chairman of the Board, Bernhard Jucker, and the members of the Board of Directors This E. Schneider, Hans-Peter Schwald, Peter Spuhler, Roger Baillod, Carl Illi and Luc Tack were confirmed for an additional one-year term of office. Stefaan Haspeslagh was newly elected to the Board of Directors for a one-year term of office.

Furthermore, This E. Schneider, Hans-Peter Schwald and Bernhard Jucker, the members of the Remuneration Committee who were standing for election, were also each re-elected for a one-year term of office.

Shareholders also adopted all other motions proposed by the Board of Directors, namely the approval of the annual report, the financial statements and the consolidated financial statements for 2020, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the year under review.

Outlook Updated
As already communicated at the Results Press Conference on March 9, 2021, Rieter expects the market recovery to continue in 2021. The company expects an order intake exceeding CHF 500 million in the first half of 2021. For the first half of 2021, Rieter still anticipates that sales will be below break-even point. For the full year 2021, Rieter expects an operating profit.