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Rieter: corona pandemic leads to sharp decline in sales in H1/2020

In the 1st half (H1) of 2019, the textile machinery manufacturer Rieter Holding AG, Winterthur/Switzerland, saw an order intake of only CHF 250.7 million, a decline of around 34% compared to H1/2019. Sales in H1/2020 amounted to CHF 254.9 million, representing a decline of 39% compared to the previous year. The significant decline in sales resulted in an overall EBIT of CHF -55.0 million in H1/2020 (H1/2019: CHF -1.2 million). The Covid-19 pandemic led to a market situation where demand for the goods and services of all 3 business groups decreased significantly. The Business Group Machines & Systems is affected by the deferral by customers of investments and scheduled deliveries. At the same time, the demand for wear & tear and spare parts declined sharply, due to the suspension of production in many spinning mills around the world. This is reflected in the low order intake and sales of the Business Groups Components and After Sales. Hence, this exceptional market situation gave rise to losses in all 3 business groups in the first half of 2020. With the exception of Turkey, sales in all regions were marked by the corona pandemic. In India, sales declined to CHF 17.7 million due to the lockdown, a fall of 73% compared to the H1/2019. In the Asian countries, China and North and South America, sales decreased by between 44% and 49% compared to the 1st half of 2019.
Source:
dfv media group
More information: Rieter

Oerlikon Nonwoven: Minister President visits Neumünster site

The worldwide demand for protective masks and apparel has resulted in a number of new orders in the high 2-digit millions of € at the Nonwoven business unit of the Manmade Fibers segment of Oerlikon Management AG, Pfäffikon/Switzerland. From the manufacturing site in Neumünster/Germany, the high-tech meltblown systems with their patented ecuTE+ nonwovens electro-charging technology – are meanwhile exported in all over the world. For the first time, a contract has now been signed with a business in Australia. On July 8, 2020 Schleswig-Holstein’s Minister President Daniel Günther visited the production site. In addition to a tour of the meltblown system and its assembly and production files, the visit by Minister President Daniel Günther had the purpose to strengthen the dialog between politicians and business.

Source:
dfv media group

PFNonwovens: new CEO in long-planned succession

On September 1, 2020, Cedric Ballay will assume the position of the Chief Executive Officer at the nonwovens producer PFNonwovens a.s. (PFN), Znojmo /Czech Republic and will take over from Allen Bodford, who has led the PFN group since the acquisition of First Quality Nonwovens in 2018. Bodford will step down from all executive and statutory positions he holds in the PFN group and will become a non-executive member of the PFN Holding Board of Directors. Ballay joins PFN from Berry Global Group, Inc., Evansville, IN/USA, where he served as Executive Vice President and General Manager for the Health, Hygiene & Specialties Division in Europe, the Middle East, Africa and India (EMEIA). He joined Avintiv Inc., a Berry Global acquisition, in July 2013 as their Vice President for Sales and Product Development EMEIA after spending 16 years with General Electric Corp., Boston, MA/USA, progressing through leadership roles in Information Technologies, Lean 6 Sigma, Commercial and General Management. Ballay is a board member of the international association serving the nonwovens and related industries, Edana, Brussels/Belgium, and holds a Master’s degree in Business Administration from ESADE (Escola Superior d'Administració i Direcció d'Empreses), Barcelona/Spain, and a Master’s degree in Electronics and Telecommunications from the Grenoble Institute of Technology in Grenoble/France.

Source:
dfv media group
More information: PFNonwovens nonwovens

Indorama: embedding sustainability in business operations

The chemical company Indorama Ventures Public Co. Ltd. (IVL), Bangkok/Thailand, has become a task force on climate-related financial disclosures (TCFD) supporter. It is the first chemical company in Thailand and the second chemical company in Southeast Asia to become a TCFD supporter by volunteering to comply with TCFD recommendations and supporting their climate change agenda. Becoming an official supporter cements the company’s commitment towards and leadership in sustainability, embedding environmental, social and governance (ESG) factors in IVL’s business operations. The TCFD was created in 2015 by the Financial Stability Board (FSB) to develop consistent climate-related financial risk disclosures for companies, banks and investors when providing information to stakeholders. Following the TCFD recommendations, IVL has applied the aqueduct water risk atlas to forecast changes in future water stress and to identify sites that face the most significant risk of water demand and supply in future. The results of these studies have been incorporated into the company’s long-term adoption measures, which allow the management to make informed and lasting decisions for IVL’s sustainability.

Source:
dfv media group
More information: Indorama

Sanitized: textile odor-management according to international testing standards

The supplier of antimicrobial hygiene function for textiles and polymers, Sanitized AG, Burgdorf/Switzerland, had its in-house microbiology Laboratory in the Sanitized TecCenter certified by the International Antimicrobial Council (IAC). This non-profit, US-based institute aims to increase safety for antimicrobial treated products and for consumers. The inhouse Sanitized TecCenter provides specific assistance for textile and polymer product manufacturers with developing and optimizing their products. It supervises technical application aspects, and conducts microbiological tests and analytics – all from a single source. For the challenge of developing the best possible odor-management for textiles Sanitized provides specific assistance. Thanks to the IAC Certification, Sanitized now offers innovation expertise according to international standards that are also recognized and valued in the USA and Asia.

Source:
dfv media group
More information: Sanitized antimicrobial

Multi-Plot: antiviral and antibacterial finish destroys coronavirus

With V-Block the Multi-Plot Europe GmbH, Bad Emsthal/Germany, offers an antiviral and antibacterial finish and textiles finished with V-Block. This is an antiviral and antibacterial finishing product for all types of fibers, especially suitable for medical nonwovens articles, mouth-nose protective masks, cloths, gloves, protective clothing, and filters, room dividers made out of fabric, curtains and furnishing textiles in hospitals, nursing homes, and hotels. The technology of silver salt and lipid vesicles enables the binding and destruction of over 99 % of bacteria, viruses, and yeasts within minutes. The effectiveness on the corona virus was successfully tested by the Peter Doherty Institute for Infection and Immunity in Melbourne/Australia. Further successful tests were carried out on H1N1, H5N1, H7N9 and RSV. V-Block is manufactured in Germany. Due to the antibacterial effect, no odors are generated on the fabric, so there is no need for frequent washing, a benefit for the environment. V-block is odorless and a washing fastness of at least 30 washes at 40°C is given. A washable FFP2 mask treated with V-block, shows a significant (>300 times) reduction of the virus infectivity (mist-contact). The biocide for textile applications was approved in May 2020 by the Federal Office for Occupational safety and occupational medicine for Germany.

Source:
dfv media group