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Oerlikon acquires Truetzschler staple fibre portfolio
Oerlikon announced that it has signed an agreement to acquire the entire staple fibres technology portfolio of Trützschler Nonwovens & Man-Made Fibers GmbH, Egelsbach, Germany. This company is part of the German Truetzschler Group, which is a specialist in fibre preparation for the yarn spinning and nonwovens industries. The acquisition expands the Manmade Fibers Segment’s technology portfolio and opens up access to new customers in the market for synthetic staple fibres.
INDA’s JEFF adds new editorial leadership
INDA’s Journal of Engineered Fibers and Fabrics (JEFF) has strengthened its collaboration with academic scholars and industry experts with its appointment of new editorial leadership. Behnam Pourdeyhimi, Ph.D. and Executive Director of The Nonwovens Institute at NC State University, has been named Editor-in-Chief of the international, peer-reviewed, scientific e-Journal.
Oerlikon performs well in difficult market environment
Jürg Fedier, CFO of the Oerlikon Group says: “In 2015, we defined a strategic roadmap to develop Oerlikon into a more focused company, building on our unique competencies, technologies and positions in surface solutions, advanced materials, components engineering and manufacturing technology. We also completed important steps such as the sale of the Advanced Technologies Segment and the announced divestment of the Vacuum Segment.” “Our balance sheet is strong and allows for targeted investments in organic and inorganic growth. We delivered strong operating profitability in a difficult economic environment.
Oerlikon promises paradigm changes
The Manmade Fibers segment of the Swiss Oerlikon Group will be represented with its two Oerlikon Barmag and Oerlikon Neumag competence brands. ´In a market that is proving to be increasingly difficult, we will set new trends with our innovations and once again change the markets´, promises André Wissenberg, Head of Marketing, Corporate Communications and Public Affairs.
Industry response very enthusiastic: Beauduin
Charles Beauduin is the President of CEMATEX, the European Committee of Textile Machinery Manufacturers. He is CEO and owner of Michel Van de Wiele NV, an international technology player and leader in solutions for the textile industry. He holds a Master in Law from the KU Leuven and an MBA from Harvard Business School. He has a broad international management experience with professional experiences in Asia and the US.
Oerlikon delivers solid profitability
In the second quarter of 2015, Oerlikon Group´s order intake increased by 1% to CHF 731 million compared to CHF 724 million in Q2 2014. ¨We delivered solid profitability for the second quarter despite an increasingly challenging market environment.