Textile Technology section

TextileTechnology

Tagesaktuell Branchennews und Personalia mit TextileTechnology
1 result

Oerlikon: stable 2019 results despite challenging market environment

In 2019, the Manmade Fibers Segment of the technology group Oerlikon Management AG, Pfäffikon/Switzerland, saw sales slightly increased slightly by 0.7% to CHF 1.1 billion, driven by business growth in Europe, China and the rest of Asia (excluding India). The growth was attributed to the filament equipment business in China, which compensated for the decline in carpet yarn and stable fibers businesses. EBIT was CHF 117 million in 2019 (2018: CHF 106 million). Order intake for 2019 slightly decreased by 3.0% to CHF 1.12 billion year-on-year, with the decline most notable in India and in the Americas.
In 2019, the segment presented a number of innovations, including a new eAFK Evo texturing machine with active cooling technology and a new winder based on a 24-end winding concept for the production of fully drawn yarn in the PA 6 process. The year also saw the introduction of the new carpet yarn solutions BCF S8 mono- and tricolor.
Together with its joint venture partner, BBEngineering, Oerlikon Barmag presented an in-house spinning plant recycling solution, VacuFil, to enable process material waste to be reused to manufacture high quality yarns. In 2019, the segment introduced the Oerlikon Nonwoven brand and closed initial deals for nonwoven systems used to manufacture filters and wipes. Furthermore, the segment successfully installed its first smart factory solutions, including data center in a box, in the market.

Source:
dfv media group