Michael Pieper, a member of the Board of Directors of Rieter Holding AG since 2009, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group.
Browsing: Industry Update
KARL MAYER will be presenting innovations focusing on digitalisation at ITMA ASIA + CITME, in Hall 4, Stand A 32 at the NECC, 12-16 June 2021
Stand space application for ITMA 2023 opened on 3 March, 2021. The world’s largest textile and garment technology exhibition, ITMA will be held at Fiera Milano Rho, Milan, from 8 to 14 June 2023.
Sateri, the world’s largest producer of viscose fibre, is planning to expand its Lyocell production in China, with total planned annual capacity of up to 500,000 tonnes by 2025.
As part of this renewal of decades old partnership, Konica Minolta would promote ColorJet digital textile printers through their global sales network.
International technology Group ANDRITZ has received an order from Pureko Sp. z o.o. to supply a needlepunch line for their plant in Myszków, Poland. The line will process recycling fibres from garment waste.
India Ratings and Research (Ind-Ra) has revised the textile sector outlook to improving for FY22 from negative, reflecting the likelihood of higher revenues and operating margins, post business disruptions led by COVID-19 in FY21.