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Oerlikon’s sales rise by 3%
Oerlikon Group’s EBITDA was sustained at a high level at CHF 93 million and a margin of 15.0 per cent. EBIT for Q1 2019 stood at CHF 44 million, or 7.1 per cent of sales.
Saurer announces robust performance for 2018
The group posted sales revenue amounting to RMB 9 220 million, a year-on-year (YoY) increase of 5.8 percent (2017: RMB 8,713 million). Saurer’s sales in its biggest market, China, rose by 11.2 percent.
Oerlikon, ADAMOS’ network partner
The Oerlikon Manmade Fibers segment has been a member of ADAMOS, an alliance of machine and systems construction sector companies, since the beginning of 2019. With this move, the company is ramping up its digital strategy, creating the right framework for implementing its concrete Industrie 4.0 solutions.
A new machine is shaping the standard sector
The new warp knitting machine with weft-insertion facility from Karl Mayer bears all the hallmarks of the high-end version in terms of its quality and reliability.
LANXESS to beef up Indian operations
Buoyed by the doubling of its sales in India and witnessing speedy growths in potential areas including mobility, agriculture and construction industry, Lanxess is raring to beef up its asset base in India.
Issues related to GST & export incentives tabled during SRTEPC meet
SRTEPC delegation comprising of Narain Aggarwal and Ronak Rughani, met Suresh Prabhu, Union Minister for Commerce & Industry and Minister of Civil Aviation to appraise him on the GST issues being faced by the MMF segment and export promotion incentives.
The economy continued its growth momentum as real GDP growth spurted to an eight-quarter high of 7.7 per cent in Q4, up from 7 per cent (revised downward from 7.2 per cent earlier) in Q3
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