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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.
Textile industry under pressure
Going forward, the textile industry scenario will depend on how the situation evolves in the domestic and international markets and faster return to normalcy will enable the industry to curtail the damages and improve on its growth prospects.
Industry 4.0 is a key focus for Atlas Copco: Latham
Atlas Copco’s Compressor Technique business area provides compressed air solutions; industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems.
ITMACH brings latest textile technologies to investors
ITMACH India from December 5-8, 2019 showcased latest textile technologies and machinery to the Indian textile industry. The International textile machinery and accessories exhibition was held in the country’s most vibrant textile manufacturing hub, Gujarat.
All-cotton toxic oil absorbent
Sustainable and cost effective all-cotton oil absorbent developed. Recent drone attacks on the world’s largest oil processing facility and an oil field in Saudi Arabia emphasises the important need for safety requirements in the oil and gas sector.
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