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09.12.2019

Updated short- and mid-term outlook

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

As a result of the slowdown in the automotive industry and the continuing low market level forecasted in the medium term, the cost structure at the Group’s headquarters in Winterthur, Switzerland, has been adjusted, among other things, by selective staff reduction. To further reinforce new mobility activities, they will be concentrated at the Research and Technology Center in Winterthur. This will include the relocation of the Competence Center New Mobility from Sunnyvale (CA), USA, to Winterthur.

Due to the continuing losses of Business Group North America, Autoneum expects a net loss for the financial year 2019 in the high double-digit million range. In addition to current operating losses, this also includes one-time charges from impairments which are not cash-effective. To achieve the Group’s mid-term targets announced in March (“2019 Year of tidying, 2020 Year of transition, 2021 Return to sound profitability level), an additional year will therefore be needed.

More information:
Autoneum Management AG
Source:

Autoneum Management AG

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01.12.2019

MS PRINTING AT HEIMTEXTIL

  • Focus on Productivity and Efficiency

MS Printing Solutions at the next Heimtextil will focus on presenting textile printing solutions to boost cost-effective and high-quality productions, answering to Industry leaders in home and contract textile who need: productivity, quality and beneficial production process.

Attendees will see a JP4 EVO 3200 printer at work, with Bellagio reactive ink made by JK Group. This is one of MS' solutions which streamlines printing processes, reduces production times and maintenance costs, improving efficiency by:

  • Focus on Productivity and Efficiency

MS Printing Solutions at the next Heimtextil will focus on presenting textile printing solutions to boost cost-effective and high-quality productions, answering to Industry leaders in home and contract textile who need: productivity, quality and beneficial production process.

Attendees will see a JP4 EVO 3200 printer at work, with Bellagio reactive ink made by JK Group. This is one of MS' solutions which streamlines printing processes, reduces production times and maintenance costs, improving efficiency by:

  • making the best use of production buildings, minimizing the space occupied by printers: JP4 EVO is compact and functional.
  • taking full advantage of manufacturing-process, reducing downtime therefore improving productivity-performances: JP4 EVO can be fed by external roll unwinder ensuring timing optimization.
  • using inks with a custom-made waveform, lowering the most common defects due to the interaction between ink and printheads, improving your productivity and competitiveness

The show will be the occasion for the Technical and Sales Teams to illustrate all details which characterize Minilario.  The printing machine, launched at the last ITMA, is the ideal choice for those searching for: flexibility, quality, speed, energy efficiency and sustainability, all in one.

The 64 print heads installed on the innovative printing carriage allow Minilario to reach the shocking but real printing speed of 18m/min, fitting the Home and contract textile demand of productivity and quality, applying a cost-effective production process.

The show will offer the opportunity to remark MS's sustainability commitment, started with #transparentaswater project based on the 100/90/10 paradigm aimed to engage the whole Textile Printing Industry in a big change. The commitment continued with MS’s adhesion to the “Sustainable Technologies” project launched by ACIMIT which selects textile machinery and systems manufacturers whose production specifications ensure a low environmental impact, combining sustainability and innovation. MS' printing machines may boast “Green Label” as “Suppliers of Sustainable Technologies” (come and visit us to go deeply inside our sustainability commitment).

More information:
Heimtextil Heimtextilien MS PRINTING JK Group
Source:

Image & Communication JK Group S.p.A.

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(c) Oerlikon
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12.11.2019

Oerlikon: New upgrade transforms the ACW into WINGS

Recently, upgrades and retrofits were made available for Oerlikon Barmag ACW-series winders, with which the benefits of the WINGS concept become tangibly close for operators of POY spinning systems equipped with ACW technology. Worldwide, thousands of winders could take advantage of this system upgrade.

In addition to savings in terms of energy, waste and HR, the benefits of the WINGS concept above all include the consistently high yarn quality, making WINGS yarn a winner in further processing. Particularly with regards to its dyeing properties, the yarn is considerably superior to products manufactured using conventional winder technology.

Recently, upgrades and retrofits were made available for Oerlikon Barmag ACW-series winders, with which the benefits of the WINGS concept become tangibly close for operators of POY spinning systems equipped with ACW technology. Worldwide, thousands of winders could take advantage of this system upgrade.

In addition to savings in terms of energy, waste and HR, the benefits of the WINGS concept above all include the consistently high yarn quality, making WINGS yarn a winner in further processing. Particularly with regards to its dyeing properties, the yarn is considerably superior to products manufactured using conventional winder technology.

Yarn producers can now also achieve these typical WINGS properties with ACW winders – with a corresponding system upgrade. The ACW WINGS conversion components and ACW upgrades for draw units can be installed as plug-in units in virtually no time at all, hence minimizing system downtimes. Analog to WINGS, the new ACW WINGS draw unit is more compact and also guides the yarn using rollers instead of yarn guides. This minimizes friction for the yarn and the angles of deflection remain the same, which in turn optimizes the yarn tension on all packages.

Already being used in China
The first expansion phase with 96 positions is already successfully operating at Chinese polyester yarn manufacturer Zhejiang Rongsheng. “We achieved excellent yarn values after just four days. The yarns are of AA quality for a full package rate of 98% and a yarn break rate of 0.5 per ton”, summarizes Xu Yongming, Plant Manager at Rongsheng, talking about the upgrade package. “This has allowed us to once again become one of the top manufacturers with our ACW yarns.” A second expansion phase with 88 further positions will follow at the end of 2019.

The conversion package is also particularly interesting as a result of its fast ROI (return-on-investment) of less than one year. ACW WINGS is available for all ACW-type POY / HOY winders for polyester, polyamide 6 and polyamide 6.6.

More information:
Oerlikon Barmag
Source:

Oerlikon

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07.11.2019

JEC ASIA 2019

JEC Asia 2019 will open its doors in six days within a very positive and dynamic environment for the Composites industry. The South Korean government has decided to develop a whole Composites ecosystem. That goal will be achieved thanks to three strategic pillars: increasing R&D investment in the composites sector for equipment and machines; diversifying its materials and intermediate product providers; reinforcing excellence in research and development with major academic institutions such as Hanyang University and UNIST. Therefore, JEC Asia is a must-attend event for foreign companies to meet with this whole ecosystem.

JEC Asia 2019 will open its doors in six days within a very positive and dynamic environment for the Composites industry. The South Korean government has decided to develop a whole Composites ecosystem. That goal will be achieved thanks to three strategic pillars: increasing R&D investment in the composites sector for equipment and machines; diversifying its materials and intermediate product providers; reinforcing excellence in research and development with major academic institutions such as Hanyang University and UNIST. Therefore, JEC Asia is a must-attend event for foreign companies to meet with this whole ecosystem.

More than 200 companies from 49 countries will attend this new edition for three days of Composites Innovation, Business, and Networking. For its 12th edition, JEC Asia 2019 will gather companies from the entire composites value chain in Asia Pacific and specifically from South Korea. They will present their latest capabilities and innovations to the composite’s community and the strategic end-user’s market. Companies like Toray Advanced Materials, Hyosung, Kolon, Hanwha Q Cells & Advanced Materials, Hankuk Carbon, Arkema Korea, and Samyang Corp. are amongst the participants, to name a few.

“The Composites Industry in Asia Pacific is dynamic and largely contributes to the global growth of the Industry. JEC Asia is the major composites platform in the region, where the full value chain gathers from raw material producers, intermediate and final processors. It also encompasses the downstream of the value chain, the original equipment manufacturers (OEM), and end-users. For its 12th edition, JEC Asia will showcase numerous features: an extensive conference program that includes the ICF (International Carbon Festival co-organized with the KCTech), composites tours and the coveted JEC Innovation Awards etc. All these have been crafted to provide the composites industry with targeted networking opportunities and an unrivaled event to develop and share knowledge on composite materials”, says Christian STRASSBURGER, Events Director APAC.

More information:
JEC Asia, Asia JEC 2019 JEC World 2018 JEC
Source:

JEC Group

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(c) PCMC
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06.11.2019

PCMC: Accelerate Live field service troubleshooting app

Collaborative app helps customers get their machines back up and running quickly

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, has launched Accelerate Live, a mobile app that enables machine inspection and troubleshooting in the field, providing quicker service for customers.

Accelerate Live creates a fully collaborative live environment with an instant audio/video connection between the customer facility and PCMC technicians and engineering experts. Through the use of a tablet, both participants can draw in a relative 3-D space to facilitate the troubleshooting and diagnostic process.

“When our customers’ equipment is down, we realize they don’t have time to wait for service,” said Noah Kellermann, Field Service Training Leader for PCMC. “With Accelerate Live, we can offer a rapid response to equipment issues to get machines back up and running quickly.”

Accelerate Live is a subscription-based service that works through a PCMC-provided tablet and noisecanceling Bluetooth headphones. It was developed to connect in industrial facilities that have low-bandwidth
Wi-Fi.

Collaborative app helps customers get their machines back up and running quickly

Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, has launched Accelerate Live, a mobile app that enables machine inspection and troubleshooting in the field, providing quicker service for customers.

Accelerate Live creates a fully collaborative live environment with an instant audio/video connection between the customer facility and PCMC technicians and engineering experts. Through the use of a tablet, both participants can draw in a relative 3-D space to facilitate the troubleshooting and diagnostic process.

“When our customers’ equipment is down, we realize they don’t have time to wait for service,” said Noah Kellermann, Field Service Training Leader for PCMC. “With Accelerate Live, we can offer a rapid response to equipment issues to get machines back up and running quickly.”

Accelerate Live is a subscription-based service that works through a PCMC-provided tablet and noisecanceling Bluetooth headphones. It was developed to connect in industrial facilities that have low-bandwidth
Wi-Fi.

More information:
Paper Converting Machine Company PCMC
Source:

Barry-Wehmiller

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05.11.2019

SGL Carbon increases group sales; recurring EBIT on the level of the prior year

  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to i
  • Group sales increases by approximately 6 percent compared to the prior year period to 832 million euros due to organic growth in the market segments Digitization, Energy and Chemicals
  • Group recurring EBIT at around 54 million euros; adjusted for a positive one-time effect in the prior year approximately on the comparable level of the prior year
  • Business unit Composites – Fibers & Materials (CFM) deteriorated substantially in the third quarter 2019 due to the weak development in the market segments Textile Fibers, Wind Energy and Industrial Applications; Graphite Materials & Systems (GMS) developed better than expected on the very good level of the prior quarter reaching overall a record high level in 9M/2019
  • Free cash flow from continuing operations improved significantly in the first nine months
  • Impairment testing triggers a non-cash impairment charge of approximately 75 million euros in CFM in the third quarter
  • Revised guidance of October 25, 2019: Recurring EBIT at CFM in a negative mid-to-high single digit million euros amount and on Group level at 45 to 50 million euros
  • Countermeasures initiated to improve earnings of CFM
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: ”The structural growth drivers remain intact in our strategically relevant markets. The countermeasures to improve earnings of CFM will be implemented consistently.”

In the third quarter 2019, the business units of SGL Carbon developed very differently. While Graphite Materials & Systems (GMS) showed better than expected results, Composites – Fibers & Materials (CFM) deteriorated compared to the two previous quarters. This is attributable to the weaker development in the market segments Textile Fibers and Industrial Applications. In total, sales revenue in the first nine months 2019 grew by approximately 6 percent to reach 832 million euros. Recurring Group EBIT after nine months reached approximately 54 million euros. Adjusted for a positive one-time effect in the prior year, this was comparable to the prior year level.

In its ad-hoc notification of October 25, 2019, the company revised its guidance for recurring EBIT of CFM downwards to a negative mid to high single digit million euro amount. On the Group level the company now expects a recurring EBIT at 45 to 50 million euros. Due to the lower starting point in 2019 as well as the ongoing weakness in the market segments Textile Fibers and Industrial Applications in the business unit CFM a non-cash impairment charge in the amount of approximately 75 million euros was recorded in the third quarter 2019. In recent years acquired assets of the former joint ventures with BMW and Benteler were not affected by this impairment. In addition, the impairment charge of CFM led to a valuation allowance on deferred tax assets in the amount of 7.4 million euros. Against this background, SGL Carbon now expects a net result of approximately minus 100 million euros for fiscal year 2019.

More information:
SGL Carbon
Source:

SGL Carbon

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"AGAIN" by PIAVE MAITEX with ROICA™ EF © ROICA™
"AGAIN" by PIAVE MAITEX with ROICA™ EF
30.10.2019

Performance Days: ROICA™ partners infuse eco-smart technology into high performance functional stretch fabrics

  • Performance Days: November 13th-14th 2019, Munich, Germany

Munich – ROICA™ smart innovations are The Sustainable fil rouge at Performance Days, the influential fair for innovations, trends, safety & durability and sourcing of fabrics and accessories in functional sportswear & athleisure. Leading fabrics manufacturers and nearly all the well-known sportswear and active clothing brands have chosen the company’s premium stretch fibers of the ROICA Eco-Smart™ family to create their ultimate collections combining comfort, movement and responsibility.

“We are excited to see such a brilliant response from both manufacturers and brands which have decided to use our premium stretch sustainable fibers. We are excited because it really shows that sustainability is not only a marketing hype, but more and more literally interwoven into garments.” Says Shinohe Hiroaki, ROICA™ Chief Marketing Officer based in Germany.  

  • Performance Days: November 13th-14th 2019, Munich, Germany

Munich – ROICA™ smart innovations are The Sustainable fil rouge at Performance Days, the influential fair for innovations, trends, safety & durability and sourcing of fabrics and accessories in functional sportswear & athleisure. Leading fabrics manufacturers and nearly all the well-known sportswear and active clothing brands have chosen the company’s premium stretch fibers of the ROICA Eco-Smart™ family to create their ultimate collections combining comfort, movement and responsibility.

“We are excited to see such a brilliant response from both manufacturers and brands which have decided to use our premium stretch sustainable fibers. We are excited because it really shows that sustainability is not only a marketing hype, but more and more literally interwoven into garments.” Says Shinohe Hiroaki, ROICA™ Chief Marketing Officer based in Germany.  

The company’s partners empowering their ultimate collections with ROICA™ are CIFRA S.p.A. (IT), Maglificio Ripa S.p.A. (IT), M.I.T.I. S.p.A. (IT), Payen group ESF (FR), Piave Maitex S.r.l. (IT), SITIP S.p.A. (IT), Sofileta S.A.S (FR), Sportswear Argentona S.A. (ES), TINTEX Textiles S.A. (PT) and TVB GmbH (DE).

ROICA Eco-SmartTM Family

  • “The certified and hyper-performing family features two responsibly made yarns with outstanding stretch performances that give free rein to designers’ creativity and provides the highest stretch ability while complying to the most-cutting edge sustainable standards.” adds Shinohe.
  • The GRS - Global Recycled Standard - certified ROICA™ EF is made with 58% of pre-consumer recycled content. GRS guarantees its sustainable mission with a certification by the influential Textile Exchange*, one of the most known and recognized global standards in the market.
  • The ROICA™ V550 proudly breaks down without releasing harmful substance under the testing environment according to Hohenstein Environmental Compatibility certification. Made and engineered by Asahi Kasei R&D team, and produced in ROICA™ German plant only, the yarn offers additional and relevant circular economy advantages linked to material health as proved by a Gold Level Material Health Certificate by the Cradle to Cradle Product Innovation Institute for a safe and biological end of life cycle
More information:
ROICA™ Sportswear roica eco-smart Performance Days
Source:

GB Network Marketing & Communication

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29.10.2019

Rieter Investor Update 2019

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

  • Order intake of CHF 524.5 million after nine months
  • Order intake for a major project from Egypt booked in October 2019
  • Market situation remains challenging
  • Real estate sale in Ingolstadt successfully completed
  • Outlook 2019

The cumulative order intake recorded by Rieter Group in the first nine months of 2019 of CHF 524.5 million (2018: CHF 749.8 million) was down by 30% compared to the prior-year period. In the third quarter of 2019, order intake was CHF 146.2 million (Q3 2018: CHF 238.0 million).

Order Intake for a Major Project from Egypt Booked
On October 7, 2019, Rieter booked the order intake for the first six projects with Cotton & Textile Industries Holding Company, Cairo (Egypt) of around CHF 165 million. This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth quarter. The sales are anticipated to be realized in the 2020/2021 financial years. The order includes deliveries of compact and ring spinning systems and it is part of a comprehensive modernization program for the Egyptian textile industry.

Market Situation Remains Challenging
The demand for new machinery remained at a low level in the third quarter of 2019. The primary reasons are existing overcapacity in the spinning mills, the trade conflict between the USA and China, as well as political and economic uncertainties in other regions of importance to Rieter. Rieter's market share continues to be at the level of around 30%.

Real Estate Sale in Ingolstadt Successfully Completed
Rieter completed the real estate sale in Ingolstadt (Germany) to GERCHGROUP of Düsseldorf (Germany) on September 13, 2019. Rieter expects a non-recurring profit contribution from this transaction on a net profit level of around EUR 60 million.

Outlook 2019
Rieter estimates significantly lower sales for the year 2019 as a whole compared to 2018, and expects a significant drop in the result from the ongoing business. EBIT and net profit are anticipated to be significantly above the levels of the previous year due to the non-recurring profit contribution from the sale of real estate in Ingolstadt (Germany). The cost-cutting measures introduced have been implemented to a great extent.

More information:
Rieter Holding Ltd.
Source:

Rieter Holding Ltd.

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(c) Novibra Boskovice s.r.o.
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24.10.2019

Novibra at ShanghaiTex 2019

Novibra presents the latest innovations in spindle technology and energy saving measures at the forthcoming ShanghaiTex.
The energy saving spindle LENA has been designed for the highest speeds and lower energy consumption. It is the only spindle in the market with 17.5 mm wharve diameter and energy savings in the average of up to 6%.

The new generation of clamping crowns CROCOdoff and CROCOdoff Forte introduce genuine doffing without underwinding. The crowns work automatically depending on the spindle speed. The major advantages are significant reductions in maintenance costs. That is based on a lower ends down rate after doffing and minimized cleaning of the underwinding area.

Novibra’s goal is to bring beneficial and customized solutions to the customers helping them to keep their leading position in the market. Novibra is looking forward to discussing the new products that fulfil one of today’s biggest demands for energy savings and maintenance costs reduction.

Novibra presents the latest innovations in spindle technology and energy saving measures at the forthcoming ShanghaiTex.
The energy saving spindle LENA has been designed for the highest speeds and lower energy consumption. It is the only spindle in the market with 17.5 mm wharve diameter and energy savings in the average of up to 6%.

The new generation of clamping crowns CROCOdoff and CROCOdoff Forte introduce genuine doffing without underwinding. The crowns work automatically depending on the spindle speed. The major advantages are significant reductions in maintenance costs. That is based on a lower ends down rate after doffing and minimized cleaning of the underwinding area.

Novibra’s goal is to bring beneficial and customized solutions to the customers helping them to keep their leading position in the market. Novibra is looking forward to discussing the new products that fulfil one of today’s biggest demands for energy savings and maintenance costs reduction.

More information:
Novibra ShanghaiTex
Source:

Rieter Management AG

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(c) Graf + Cie AG
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24.10.2019

Graf at ShanghaiTex 2019

Graf introduces at ShanghaiTex three novelties for the textile market: a new card clothing with up to 30% longer lifetime, a height adjustable comb and a helpful solution for card clothing management.
MULTISHARP, the unique wear resistant alloy for card clothings, increases the lifetime of metallic card clothings on the cylinder by up to 30%. Additionally, the work load of the maintenance team can be minimized by providing longer service cycles and less unplanned downtimes.

The yield on raw material can be increased without compromising the quality requirements – thanks to the continuous height adjustability of the new combs series. The continuous and exact gap setting between nipper and circular comb on each individual combing head provides customers a new level on raw material utilization. Additionally, the maintenance people will appreciate the comfortable and easy installation of the circular comb.

Graf introduces at ShanghaiTex three novelties for the textile market: a new card clothing with up to 30% longer lifetime, a height adjustable comb and a helpful solution for card clothing management.
MULTISHARP, the unique wear resistant alloy for card clothings, increases the lifetime of metallic card clothings on the cylinder by up to 30%. Additionally, the work load of the maintenance team can be minimized by providing longer service cycles and less unplanned downtimes.

The yield on raw material can be increased without compromising the quality requirements – thanks to the continuous height adjustability of the new combs series. The continuous and exact gap setting between nipper and circular comb on each individual combing head provides customers a new level on raw material utilization. Additionally, the maintenance people will appreciate the comfortable and easy installation of the circular comb.

With the card clothing management the overall investment costs can be reduced. This is based on minimizing the operational expenses including optimizing the overall equipment effectiveness. Graf’s card clothing management prolongs the lifetime of flexible flats by up to three times without comprising on the quality parameters throughout the entire life cycle.

More information:
Graf ShanghaiTex
Source:

Rieter Management AG

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07.10.2019

Rieter Holding: Order Intake for Major Project from Egypt Booked

Sales expected to be realized in financial years 2020/2021
At ITMA 2019, the Rieter Group signed contracts for seven projects with Cotton & Textile Industries Holding Company, Cairo (Egypt), for a total volume of around 180 million Swiss francs.

The order intake for the first six projects in the amount of around 165 million Swiss francs was booked upon receipt of the down payment on October 7, 2019; sales are expected to be realized in financial years 2020/2021. The order includes deliveries of compact and ring spinning systems and is

Sales expected to be realized in financial years 2020/2021
At ITMA 2019, the Rieter Group signed contracts for seven projects with Cotton & Textile Industries Holding Company, Cairo (Egypt), for a total volume of around 180 million Swiss francs.

The order intake for the first six projects in the amount of around 165 million Swiss francs was booked upon receipt of the down payment on October 7, 2019; sales are expected to be realized in financial years 2020/2021. The order includes deliveries of compact and ring spinning systems and is

More information:
Rieter Holding Ltd.
Source:

Rieter Management AG

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ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™
Aurora line by Wolford with ROICA(TM) V550
25.09.2019

ROICA™ launches its new smart strategy at Intertextile Shanghai

Shanghai - ROICA™ lands in Shanghai to showcase its complete range of premium stretch fibers for the modern wardrobe and disclose its visionary approach and strategy for a cutting-edge and sustainable fashion.

On show, leading material innovator Asahi Kasei introduces a premium stretch fiber starting from the ultimate ROICA Eco-Smart™ Family. The certified and multi-awarded range has astonished the textile world for its hyper-performative features. “The new premium stretch is synonymous of transformation: from standard to speciality, from basic to special, from ordinary to clever and from standard to Smart.” Explains Shinichiro Haga, Senior Executive Manager - ROICA™ Division.

Sustainability and a responsible approach are the true core of research and development to create high-tech engineered yarns.Such visionary imprint imbues all ROICA™ innovations:

Shanghai - ROICA™ lands in Shanghai to showcase its complete range of premium stretch fibers for the modern wardrobe and disclose its visionary approach and strategy for a cutting-edge and sustainable fashion.

On show, leading material innovator Asahi Kasei introduces a premium stretch fiber starting from the ultimate ROICA Eco-Smart™ Family. The certified and multi-awarded range has astonished the textile world for its hyper-performative features. “The new premium stretch is synonymous of transformation: from standard to speciality, from basic to special, from ordinary to clever and from standard to Smart.” Explains Shinichiro Haga, Senior Executive Manager - ROICA™ Division.

Sustainability and a responsible approach are the true core of research and development to create high-tech engineered yarns.Such visionary imprint imbues all ROICA™ innovations:

  • ROICA Eco-Smart™ family: A true world-first with the most contemporary sustainable range of responsibly produced premium ingredients. ROICA Eco-Smart™ family offers 2 sustainably designed stretch yarns

- ROICA™ EF is GRS by Textile Exchange certified, thanks to the fact that more than 50% of yarn content comes from the recycling of pre-consumer waste.
- ROICA™ V550 yarn got the Cradle-to-Cradle® Innovation Institute’s GOLD LEVEL Material Health certificate for impacts on human and environmental health. This yarn is also Hohenstein Environment Compatibility Certificated, signifying at its end-of-life, ROICA ™ yarn smartly breaks down without releasing harmful materials.

  • ROICA Feel Good™ family: A unique range of advanced stretch yarns that deliver personal performance and measurable wellness, freshness and comfort metrics for travel, sport, leisure and more.
     
  • ROICA Colour Perfect™ family: A range of yarns that can give excellent, flawless and world unique colour dimensions in advanced fit solutions.
     
  • ROICA Resistance™ family: A high performance range of stretch solutions with performance resistance designed for match particular applications.
     
  • ROICA Contour™ family: A range of yarns that create new shaping, stretch and silhouette solutions for a calibrated fit, effortless control, softness, comfort and support.

 

ROICA™ already entered the most advanced collections of leading brands as: Wolford for exceptional European Skinwear including legwear, Sarah Borghi for hosiery, SITA Active for Smart pret-a-porter,  Daquini for athleisure, Livy for sensual lingerie, SCOTT Racing Team for cycling uniforms, Closed for denim, Un-Sanctioned for running suits, Vitamine A for beachwear and many others.

In Shanghai, ROICA™ is set to stand out as leader in Smart Innovation. As tangible proof of this, the company brings to Intertextile Shanghai some of its ultimate collaborations across China and the Far East.

ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™ ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™ ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™ ROICA™ launches its new smart strategy at Intertextile Shanghai © ROICA™
More information:
ROICA™ Wolford Intertextile Shanghai
Source:

GB Network Marketing & Communication

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The lucky winner with the certificate, from left to right: Professor Jens Ridzewski (AVK), Sven Schöfer (ITA), Dr Rudolf Kleinholz (AVK) (c) Reed Exhibitions, Oliver Wachenfeld
The lucky winner with the certificate, from left to right: Professor Jens Ridzewski (AVK), Sven Schöfer (ITA), Dr Rudolf Kleinholz (AVK)
17.09.2019

ITA is AVK innovation prize winner 2019 in the category "Research and Science”

  • Reduction of material usage by up to 50 percent through innovative draping strategy in the production of fibre composite materials

In fibre reinforced plastic (FRP) production, stamp forming is one of the most economical processes for automated large-scale production, e.g. in the BMW i-series. However, the current processes are susceptible to draping errors and a high proportion of waste. An innovative process developed at the Institut für Textiltechnik of RWTH Aachen University, short ITA, can now significantly reduce the scrap rate and reduce the waste rate of high-priced reinforcing textiles, such as carbon fibre textiles, by up to 50 percent. Sven Schöfer from ITA achieved this effect with his work "Development of a textile-based material feed to increase the preform quality during stamp forming of reinforcing layers". On 10 September 2019, he won the third AVK Innovation Prize in the "Research and Science" category at Composite Europe in Stuttgart, Germany.

  • Reduction of material usage by up to 50 percent through innovative draping strategy in the production of fibre composite materials

In fibre reinforced plastic (FRP) production, stamp forming is one of the most economical processes for automated large-scale production, e.g. in the BMW i-series. However, the current processes are susceptible to draping errors and a high proportion of waste. An innovative process developed at the Institut für Textiltechnik of RWTH Aachen University, short ITA, can now significantly reduce the scrap rate and reduce the waste rate of high-priced reinforcing textiles, such as carbon fibre textiles, by up to 50 percent. Sven Schöfer from ITA achieved this effect with his work "Development of a textile-based material feed to increase the preform quality during stamp forming of reinforcing layers". On 10 September 2019, he won the third AVK Innovation Prize in the "Research and Science" category at Composite Europe in Stuttgart, Germany.

Current process
In stamp forming, clamping grippers are usually used in industry to feed the stacked individual layers to the forming process and position them on the lower tool via a clamping frame or hold-down device. Due to the clamping grippers, the cutting proportion of cost-intensive reinforcing textiles is high, as additional material at the textile edge is necessary with clamping systems. Other approaches to feeding the reinforcing semi-finished product during forming and simultaneously improving the draping quality are also not economical: they are usually only designed for certain textile cuts, cannot be automated, are prone to errors or are expensive special solutions.

There is currently no system in the industry that can apply retention forces along a final contour with low waste and remains flexible in terms of geometry.

Innovative approach of Sven Schöfer
The innovative process developed by Sven Schöfer works with a detachable textile joint, a so-called tufting seam. It allows the single layers to slide off during the forming process under a retention force dependent on the seam design.

This reduces or completely eliminates draping errors in previously critical areas, even with complex preform geometries. This leads to a significant increase in preform quality and a reduction in scrap rates. The process is also highly efficient, as tensile forces can be applied to any component geometry on near-net-shape blanks. This reduces the material input by up to 50 percent.

More information:
RWTH Aachen, ITA, Textiltechnik
Source:

ITA – Institut für Textiltechnik

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ROICA™ Infuses Eco-Smart Technology into High Performance Stretch at EUROBIKE © GB Network Marketing & Communication
04.09.2019

ROICA™ Infuses Eco-Smart Technology into High Performance Stretch at EUROBIKE

  • Committed To Making a Better World

EUROBIKE, the world’s leading trade fair for the cycling industry, will include ROICA™ smart innovations into the race. Cycle retailers, brands and manufacturers will discover ROICA™ premium stretch that provides comfort and movement as it energizes.

Spearheading the premium stretch market, ROICA™ partners’ materials elevate new standards for high-tech performance that can enhance cycling products to compete responsibly. ROICA™ partners excite you as they show a fantastic range of stretch essentials for cycling clothing, gear, and apparel that offer solid performance perks.

Most importantly, visit ROICA™ partners at EUROBIKE to learn about their ongoing commitment to responsible innovation and creativity by experiencing their advanced responsible developments made with the ROICA Eco-SmartTM Family.

The ROICA Eco-Smart™ family offers two responsible made yarns with outstanding stretch performances that give free rein to designers’ creativity and guarantees the highest quality while complying to the most-cutting edge sustainable standards.

  • Committed To Making a Better World

EUROBIKE, the world’s leading trade fair for the cycling industry, will include ROICA™ smart innovations into the race. Cycle retailers, brands and manufacturers will discover ROICA™ premium stretch that provides comfort and movement as it energizes.

Spearheading the premium stretch market, ROICA™ partners’ materials elevate new standards for high-tech performance that can enhance cycling products to compete responsibly. ROICA™ partners excite you as they show a fantastic range of stretch essentials for cycling clothing, gear, and apparel that offer solid performance perks.

Most importantly, visit ROICA™ partners at EUROBIKE to learn about their ongoing commitment to responsible innovation and creativity by experiencing their advanced responsible developments made with the ROICA Eco-SmartTM Family.

The ROICA Eco-Smart™ family offers two responsible made yarns with outstanding stretch performances that give free rein to designers’ creativity and guarantees the highest quality while complying to the most-cutting edge sustainable standards.

  • The ROICA™ EF– GRS (Global Recycled Standard) certified - is made with 58% of pre-consumer recycled content. GRS guarantees its sustainable mission with a certification by the influential Textile Exchange*, one of the most known and recognized global players in the market.
  • The ROICA™ V550   Indeed, it proudly breaks down without releasing harmful substance under the testing environment according to Hohenstein Environmental Compatibility certification. Made and engineered by Asahi Kasei R&D team, and produced in ROICA™ German plant only, the yarn offers additional and relevant circular economy advantages linked to material health as proved by a Gold Level Material Health Certificate by the Cradle to Cradle Product Innovation Institute for a safe and biological end of life cycle.

Witness ROICA™ partners as leaders in high-tech performance fabrics for the world of sports for riders that want to stand out. See, feel, imagine and learn why choosing ROICA™ is a winning decision. View the unbeatable collection of well-constructed fabric

  • M.I.T.I. SpA (IT), Hall/Stand No. A7-215 partner with ROICA™ since the very beginning, develops and creates from more than 85 years, innovative stretch warp knitted fabrics for high performance sports.
  • Payen – ESF (FR), Hall/Stand No. A7 / A7-219, committed to develop durable performant solutions chooses ROICA Resistance™ range of high-tech protection stretch functions.
  • Piave Maitex (IT), Hall/Stand No. A7-123 presents AGAIN, the new smart and technically advanced line able to balance performances and sustainable features, formed of highly performing jerseys. Two premium sustainable ingredients have been involved for the creation of AGAIN: Global Recycled Standard (GRS) owned by Textile Exchange - premium stretch fiber ROICA™ EF and perPETual high quality sustainable polyester born from a cost-effective process that reverses engineer consumer waste PET bottles.
  • SITIP SpA (IT), Hall/Stand No. A7-213 creates high-tech innovative sports fabrics that are made in Italy including BeHot fabric constructed with ROICA™, providing a new dimension to active performance.
  • Sportwear Argentona S.A. (ES) Hall/Stand No. A7-322 based in Spain, these leaders in high-tech tech, optimal performance sports fabrics create specialized structures for all facets of sports including high comfort, elastic and performance.
More information:
ROICA™ EUROBIKE Sportswear Eco-Smart
Source:

GB Network Marketing & Communication

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NCTO
article as PDF
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.

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.

 

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

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Monforts (c) A. Monforts Textilmaschinen GmbH & Co. KG
article as PDF
30.07.2019

New Monforts publications chart success in Europe and the denim industry

In addition to launching its new and expanded website, A. Monforts Textilmaschinen GmbH & Co. KG has issued two new publications celebrating the achievements of its major customers.

The first edition of Monforts World of European Textiles profiles a range of companies at the forefront of manufacturing in Europe serving a wide range of end-use markets – from high-end silk and polyamide fabrics for the luxury brands to nonwovens and technical textiles for digital printing, protective clothing, wallcoverings and more.

The seventh edition of Monforts World of Denim meanwhile charts the latest developments from the global market leaders in denim production. Monforts enjoys a global lead in the supply of finishing technology for the denim industry and is currently extremely busy responding to the interest shown at ITMA 2019 in its new CYD yarn dyeing system for this market.

Both publications are now available to download from the new website at: https://www.monforts.de/en/latest-news-media/downloads/

In addition to launching its new and expanded website, A. Monforts Textilmaschinen GmbH & Co. KG has issued two new publications celebrating the achievements of its major customers.

The first edition of Monforts World of European Textiles profiles a range of companies at the forefront of manufacturing in Europe serving a wide range of end-use markets – from high-end silk and polyamide fabrics for the luxury brands to nonwovens and technical textiles for digital printing, protective clothing, wallcoverings and more.

The seventh edition of Monforts World of Denim meanwhile charts the latest developments from the global market leaders in denim production. Monforts enjoys a global lead in the supply of finishing technology for the denim industry and is currently extremely busy responding to the interest shown at ITMA 2019 in its new CYD yarn dyeing system for this market.

Both publications are now available to download from the new website at: https://www.monforts.de/en/latest-news-media/downloads/

Monforts (c) A. Monforts Textilmaschinen GmbH & Co. KG
More information:
Monforts Textilmaschinen GmbH
Source:

AWOL Media

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Rieter
article as PDF
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 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 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

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article as PDF
20.06.2019

NCTO President & CEO Kim Glas Testifies at U.S. Trade Representative’s Hearing

National Council of Textile Organizations (NCTO) President and CEO Kim Glas is testifying at a public hearing today in support of 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.

Glas is joining several other NCTO member companies today to testify at a U.S. Trade Representative hearing as part of the administration’s consideration of the Tranche 4 of retaliatory tariffs on U.S. imports from China.

National Council of Textile Organizations (NCTO) President and CEO Kim Glas is testifying at a public hearing today in support of 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.

Glas is joining several other NCTO member companies today to testify at a U.S. Trade Representative hearing as part of the administration’s consideration of the Tranche 4 of retaliatory tariffs on U.S. imports from China.

More information:
NCTO
Source:

NCTO

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18.06.2019

15th China International Recycled Polyester Conference & Exhibition

15th China International Recycled Polyester Conference & Exhibition is to be held in China during 18-20 Sep 2019. The forum is jointly organized by Dr. Thiele Polyester Technology and China Chemical & Fiber Economic Information Network (CCFEI), and supported by Recycled Fiber Commission of China Chemical Fiber Association and China National Chemical Fiber Corp.

Having achieved successes during the past 14 years, our China International Recycled Polyester Conference has developed to be the largest international conference of recycled polyester industry in Asian-pacific region. The upcoming 15th China International Recycled Polyester Conference & Exhibition will again gather domestic and overseas raw material suppliers, recycled fiber (regular, hollow and filament) makers, machinery suppliers, downstream consumers, as well as related medium, industry associations and traders, to share valuable opinions of market status quo and perspective.

15th China International Recycled Polyester Conference & Exhibition is to be held in China during 18-20 Sep 2019. The forum is jointly organized by Dr. Thiele Polyester Technology and China Chemical & Fiber Economic Information Network (CCFEI), and supported by Recycled Fiber Commission of China Chemical Fiber Association and China National Chemical Fiber Corp.

Having achieved successes during the past 14 years, our China International Recycled Polyester Conference has developed to be the largest international conference of recycled polyester industry in Asian-pacific region. The upcoming 15th China International Recycled Polyester Conference & Exhibition will again gather domestic and overseas raw material suppliers, recycled fiber (regular, hollow and filament) makers, machinery suppliers, downstream consumers, as well as related medium, industry associations and traders, to share valuable opinions of market status quo and perspective.

More information:
Dr. Thiele Polyester Technology
Source:

Dr. Thiele Polyester Technology

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(c) PFAFF Industriesysteme und Maschinen GmbH
article as PDF
21.05.2019

Dürkopp Adler: The new M-TYPE DELTA

From the machine to the assistant
"With our groundbreaking new M-TYPE DELTA sewing system, we redefine industrial sewing and enable solutions that were previously unthinkable," says Dietrich Eickhoff, CEO of the Dürkopp Adler Group, at the world premiere at the Texprocess 2019 in Frankfurt: "The sewing machine becomes an assistant, partner, helper and communicator. This is a significant difference to all previous machine concepts and offers an incredible number of new possibilities! "

The new M-TYPE DELTA sewing system is a fully digitized industrial sewing machine for materials such as leather, upholstery and technical textiles. Thomas Brinkhoff, Director of Marketing Dürkopp Adler Group, explains: "We produce the perfect seam with this machine, whatever the situation, without the need for conversion." This is ensured by the new smart sewing kinematics, which immediately achieve the best sewing results without having to mechanically change the machine.

From the machine to the assistant
"With our groundbreaking new M-TYPE DELTA sewing system, we redefine industrial sewing and enable solutions that were previously unthinkable," says Dietrich Eickhoff, CEO of the Dürkopp Adler Group, at the world premiere at the Texprocess 2019 in Frankfurt: "The sewing machine becomes an assistant, partner, helper and communicator. This is a significant difference to all previous machine concepts and offers an incredible number of new possibilities! "

The new M-TYPE DELTA sewing system is a fully digitized industrial sewing machine for materials such as leather, upholstery and technical textiles. Thomas Brinkhoff, Director of Marketing Dürkopp Adler Group, explains: "We produce the perfect seam with this machine, whatever the situation, without the need for conversion." This is ensured by the new smart sewing kinematics, which immediately achieve the best sewing results without having to mechanically change the machine.

The training of the operator is reduced to the absolute minimum, because the machine shows the user with video support what to do and how to do it right. With sophisticated sensor technology, the M-TYPE DELTA ensures that virtually no loss of valuable materials occurs through bad stitches or missing threads.

An integrated usage- or time-controlled maintenance assistant indicates upcoming work. Service work can be documented in the machine and retrieved at any time. This reduces machine downtime to an absolute minimum.

"Anyone who wants to sew individualized products industrially can gain the decisive competitive advantage with this sewing system," emphasizes Dietrich Eickhoff, "because the M-TYPE DELTA is perfectly prepared for use in the necessary machine networks such as our QONDAC system."

(c) PFAFF Industriesysteme und Maschinen GmbH (c) PFAFF Industriesysteme und Maschinen GmbH (c) PFAFF Industriesysteme und Maschinen GmbH (c) PFAFF Industriesysteme und Maschinen GmbH (c) PFAFF Industriesysteme und Maschinen GmbH
More information:
Dürkopp Adler AG Nähmaschine
Source:

PFAFF Industriesysteme und Maschinen GmbH

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