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Positive market outlook in man-made fibres
Oerlikon order intake declined by 17.3 per cent year-over-year to CHF 518 million and Group sales decreased by 6.4 per cent to CHF 593 million, partly due to adverse currency movements.
Enjoy time travel from the home office
Oerlikon develops modern materials, systems and surface technologies and provides specialised services aimed at securing high-performance products and systems with long lifespans for customers
Pak urges to waive tax on partially-oriented yarn
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) recently urged the government to waive the 37 per cent tax on partially-oriented yarn (POY 5402.4600), the basic raw material for the textile industry and small and medium enterprises.
Govt to offer incentives to man-made textiles
The government will roll out a production-linked incentive (PLI) scheme for the labour-intensive textiles and garment sector and correct its historical policy bias towards a cotton-dominated value chain, as it plans a renewed bid to reclaim India’s export markets after ceding a substantial ground to Bangladesh and Vietnam in recent years.
Australia to produce medical masks with Oerlikon tech
Oerlikon’s German-based business unit Oerlikon Nonwoven has now executed legal and commercial arrangements to supply the specialised machinery which can manufacture the nonwoven material locally.
Virtual platforms as alternatives to real trade fairs?
André Wissenberg, Head of Marketing, Corporate Communications and Public Affairs for the Oerlikon Manmade Fibers segment and Chairman of the VDMA Marketing and Trade Fair Committee, speaks on the impact of coronavirus epidemic had, and does it continue to have, on events within the textile machine industry.
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