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Rieter’s order intake up 13%
The Rieter Group achieved an order intake of CHF 905.2 million in the 2016 financial year, which represents an increase of 13 per cent compared to the previous year (CHF +103.6 million).
Sports event brings to the fore sportswear role
The conference served a platform for knowledge sharing and bringing together the key stakeholders to discuss latest trends, innovations, technologies, opportunities and challenges in sportech sector and serve as a bridge between manufacturers and stakeholders.
KARL MAYER’s tricot machines opening up new avenues
The tricot machines on show were sold at the fair itself. For producing warp knits, KARL MAYER was showcasing the fourth generation of the high-speed HKS 3-M, with its modern design, and the HKS 4-M EL machine, which is as versatile as it is productive.
CBDT guidelines on POEM
The concept of Place of Effective Management (POEM) for deciding the Residential Status of a company is effective from April 1, and accordingly shall apply from assessment year 2017-18 onwards.
Teijin to reorganise polyester & aramid fibre businesses
Teijin Limited announced that it would integrate its industrial-application polyester fibres business and the Products Converting Business Group to form the new Fibres & Products Converting Business Group next April 1, aiming to strengthen and expand these businesses under a new structure.
Challenging times for Oerlikon
Oerlikon’s results in the third quarter of 2016 reflect the continued positive development in the surface solutions business, but were still impacted by weak market demand in filaments equipment, and in the agriculture and energy sectors.
MEVOPUR® for spun-bond fibres
Clariant, a world leader in specialty chemicals, and its Masterbatches business unit, has launched a specific range of MEVOPUR® colour and functional additives for use in high-performance, spun-bond fibres used in medical applications.Nonwoven fibres are used in applications including surgical gowns and masks, sterilization bags, medical filtration products, and a range of sanitary and hygienic pads, and wound-care dressings.
Microban expands global textiles team
Building upon the relaunch of its global textile business, Microban International Ltd, announced the addition of the following to its global textiles team