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Healthy rise in fibre production: Ind-Ra
Ind-Ra December 2020 report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres (MMF), yarns and fabric with a focus on commodity prices, imports/exports, production and recent rating actions.
SGCCI submits EOI for setting EPC for technical textile
SGCCI in order to accelerate the production and export of technical textiles in Surat recently submitted the expression of interest (EOI) for setting up of the Export Promotion Council (EPC) for technical textiles.
India to position itself as global MMF hub
India is working to be a global hub in the man-made fibre (MMF) and technical textiles segments, including setting up five integrated textiles parks, a testing lab and starting a Focused Product Scheme, according to textiles secretary Ravi Capoor.
Rieter 1H2020 severely impacted by Covid-19
Sales amounted to CHF 254.9 million (first half year 2019: CHF 416.1 million), which represents a decline of 39 per cent compared to the previous year period.
Manufacturing rPET FDY using Oerlikon’s WINGS
As one of the world’s first companies, Polygenta has, since 2014, been producing 100 per cent recycled POY and DTY from post-consumer PET using the patented chemical recycling process developed by per-PETual Global Technologies.
Oerlikon sales increase in first half of 2019
The Group succeeded in increasing sales by 5.3 per cent to CHF 700 million, underlining Oerlikon’s structural growth and resilient business model built on technology leadership in long-term attractive markets.
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.
Oerlikon Records Q1 Top-Line Results
Bolstered by the exceptional top-line performance and reinforced by disciplined cost management, the Group’s year-on-year EBITDA increased to CHF 123 million, yielding a high EBITDA margin of 15.1 per cent.
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