Rieter makes 32% jump in order intake
Rieter’s order intake increased by 32 per cent to CHF 510.7 million in the first half of 2016 (CHF 388.3 million in the first half of 2015), thanks in particular to stronger demand in the machinery business. As expected, order intake was thus significantly higher than sales of CHF 436.9 million (CHF 553.9 million in the first half of 2015). Rieter achieved EBITDA of CHF 34.4 million or 7.9 per cent of sales (CHF 66.0 million or 11.9 per cent of sales in the first half of 2015) due to good results of the Components and After Sales business groups. EBIT amounted to CHF 15.7 million while the EBIT margin was 3.6 per cent (CHF 46.1 million and 8.3 per cent respectively in the first half of 2015).
Tapping mills' untapped potential
In a textile unit, performance in some areas often remain unreported and thus goes unnoticed by the top management. Such areas are discussed by S Srinivasan, Retired Director (Operation), Bhojraj Ind Plc.
Many textile mills in India operate with a slender margin and thus there is a dire need to control various relatively smaller costs in a competitive environment where selling price is determined largely by the market. The utilisation of raw material, energy, labour and machinery are critical and hence always reported in comparison to the industry norms.
When the mill manager is happy in his work...
The job of the modern mill manager is an extremely demanding one – with the heavy responsibility of producing top quality textiles while also ensuring the company’s efficiency and profitability goals are met. Today’s systems for quality testing and monitoring systems are designed to make these challenges achievable, with solutions such as USTER® QUANTUM 3 yarn clearers and USTER® QUANTUM EXPERT 3 data systems offering total control of every aspect of quality management.
HGH brings focus on Indian home textiles
HGH India 2016, fifth annual edition of the trade show for home textiles, home décor, gifts & houseware, received an overwhelming response from the trade and industry. About 25,000 trade visitors, primarily retailers from 422 cities and towns covering all states of India attended this trade show in Mumbai to source home products for their business and discover upcoming home fashion trends for 2016-17. Over 450 leading Indian and International brands and manufacturers from 30 countries unveiled their innovations and new collections at HGH India 2016.
EvoTape: The (r)evolution of tape production
With EvoTape, the process for manufacturing tapes has literally been revolutionised, and depending on the configuration, the systems output can be increased by up to three-fold, writes Jens Weinhold of Oerlikon.
The technology used for manufacturing tapes has remained the same for many years now. Although minor optimisations have been achieved with regards to the production speed, there have been no quantum leaps in the technology. For this reason, there has been very little replacement investment over the years.
Barmag makes mother yarn process profitable
In conjunction with the WinFors winder, the Oerlikon Barmag spinning system configuration, designed especially for manufacturing mother yarn, guarantees profitable mother yarn production. The monofilaments produced from this are also extremely convincing in terms of their excellent yarn quality. The perfectly coordinated steps – from the spinning process all the way through to take-up – ensure optimum results in the subsequent, downstream splitting process.
Don & Low invests in Oerlikon Neumag equipment
Oerlikon Neumag supplies nonwovens plant to Western Europe. Following the recent investment by Scottish company Don & Low, another leading western European nonwoven manufacturer has invested in an Oerlikon Neumag meltblown plant. The now signed contract comprises a system for the production of nonwovens made from polyolefins and other raw materials. The commercial production launch has been scheduled for the first half of 2017.
T-MOVE: The completely different can changer
Use of even larger cans at the card is only possible with T-MOVE. The Can Filling Station T-MOVE is an entirely new solution for filling cans at the card. In recent years, card productions have increased rapidly. The can changers, however, have not adapted accordingly. To change a can, the delivery speed of the card must be significantly lowered and then increased again after the change. This reduces efficiency and impacts sliver quality.