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Oerlikon achieves strong growth in all segments
In 2017, Oerlikon delivered on its targets and recorded top-line growth as well as improved operating profitability across all segments.Dr Roland Fischer, CEO Oerlikon Group, said, The year 2017 marks a year of strong financial performance for the group and across all segments
Innovation for aircraft seating
ACME Mills, USA has joined forces with Quantum Materials, LLC to launch the newest level of fabric innovation designed for aircraft seating applications – Comfort Zone powered by QUANTUM™ ZXT technology.
Double-digit profitability in Oerlikon's MMF segment
The Manmade Fibres Segment of Oerlikon captured a significant share of the business in the filament equipment market, where a high level of demand prevailed, particularly in China.
“We are pleased to announce another quarter of profitable growth”, said Dr Roland Fischer, CEO of Oerlikon Group. “Our positive performance confirms that our strategy addresses attractive markets, our initiatives and activities are delivering positive results, and we are able to take advantage of the growth momentum and opportunities in our end markets. Consequently, we are in a position to increase our full-year expectations for the second time this year.”
Donear Group acquires OCM Woolen Mills
As a part of the strategy to consolidate their top position in Indian textiles industry, the promoters of Mumbai-based Donear Group have announced the acquisition of OCM Woolen Mills. The acquisition of OCM, which manufactures a premium range of high-quality all-wool and wool-blended worsted suiting fabrics, will enable the Donear Group to expand its range of products to Indian consumers for all weather conditions and for all occasions. In a win-win deal, OCM gets access to the management expertise of the promoters of Donear Group to expand its product range and distribution footprint within India as well as in the overseas markets.
HPR status for Beaulieu Yarns’ production site
Beaulieu Yarns, the global supplier of high-quality polyamide and polypropylene yarns, has announced the achievement of Highly Protected Risk (HPR) status for its French production site, Ideal Fibres & Fabrics Comines. Awarded by FM Global, HPR designation means a facility meets the highest industry standards for property protection.
Colour solutions from X-Rite
X-Rite Incorporated, a global leader in colour science and technology, and its subsidiary Pantone LLC, will demonstrate a full range of colour management solutions at ITMA. X-Rite Pantone will showcase its suite of colour management systems that enables the textile industry to establish and match colour preferences, ensuring accuracy at each point in the manufacturing process.
A sustainable solution for apparel market
Continuing their efforts to promote a more sustainable global textile sector, Huntsman Textile Effects and The Chemours Company FC, LLC, a subsidiary of E. I. du Pont de Nemours and Company Inc, have introduced ZELAN® R3 renewably sourced, non-fluorinated durable water-repellent finish. Based on a new technology from Chemours, this breakthrough product is the industry´s first and only renewably sourced water repellent treatment available today
INDA announces programme for HYGIENIX
INDA, the Association of the Nonwoven Fabrics Industry, has announced the initial programme for the debut HYGIENIX, a premier event for the absorbent hygiene and personal care markets, which will be held between October 26-29 at the Renaissance Vinoy Resort in St. Petersburg, Florida.