Browsing: Industry Update

TumKalip Aparat, a Turkish manufacturer of spare parts for new generation of European make weaving machines, will be displaying its range of quality spare parts at India-ITME in hall 6, booth D11.

Nonwoven fibres are used in applications including surgical gowns and masks, sterilization bags, medical filtration products, and a range of sanitary and hygienic pads, and wound-care dressings. Since pigments and additives used to colour or modify the polymer potentially increase the risk of extraction and interaction if the products come in contact with bodily fluids, these applications often require extraction and biological evaluation to standards such as US Pharmacopeia (USP) <87>,<88> or similar.

The recently concluded ITMA ASIA + CITME 2016 textile machinery exhibition, the largest showcase in the series since its launch in 2008, received a very strong response from visitors. By the end of the five-day show on 25 October, the fifth combined showcase registered a visitorship of over 100,000 from 102 countries and regions. About 20% of the visitors came from outside China.

The amount of orders received by the Rieter Group in the first nine months of 2016 was significantly higher than for the same period of the previous year. Cumulative order intake amounted to CHF 718.4 million and was thus up by 22 per cent on the said prior year period. Order intake in the third quarter totaled CHF 207.7 million owing to an investment reluctance in Turkey. The market environment in the third quarter was characterized by differing dynamics in the individual countries as well as with regard to the product categories.

The Surface Solutions Segment saw stable sales development in most of its key markets (tooling, automotive, general industries and power generation). The exception was aviation, where an uptick was registered. The filaments equipment market continued its downtrend, in line with China’s 13th Five-Year Plan and Oerlikon’s expectations. However, there appears to be the first light on the horizon and the Segment expects that the filaments equipment market will see a turnaround in 2016.

Yarn Expo Autumn concluded recently with a record-breaking number of exhibitors and visitors, proving to be the universal business event for the yarn and fibre industry. The show this year welcomed 319 exhibitors from 12 countries and regions, a 24 per cent increase compared to the 2015 edition. It was held in the National Exhibition and Convention Center from 11 – 13 October, with the exhibition space extending 35 per cent to 11,500 sqm, and attracting 11,832 buyers (2015: 7,275).

The Mumbai-based Cotton Association of India (CAI) is against Cotton Corporation of India stockpiling 7 to 8 million bales (170 kg each) by procuring during peak arrival season to sell to user mills during May to September time-frame. According to CAI, this scenario will need huge investment by the public sector Cotton Corporation of India and also it will incur losses due to price fluctuations. CAI in citing the China reserve policy, India should learn from China and should not venture into the reserve situation for cotton surplus country like India.