Order intake of CHF 640.2 million in the 2020 financial year was 31 per cent down on
the previous year. Following the significant slump in demand in the second quarter of 2020,
order intake recovered in the third quarter and improved further in the fourth quarter.
Browsing: Spinning
As of 1st February, 2021, Benoit Moutault has resumed the position as Group Vice
President Business Field Textile (Auxiliaries and Dyestuffs) from Ralf Kattanek. He reports to
the CEO of the CHT Group, Dr. Frank Naumann, Chairman of the Board.
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.
Datatex recently announced a new project with Global Hantex, Vietnam. Global Hantex is one of the biggest and most modern knit fabric producers in Vietnam and plans to enhance the footprint further in the region by adopting latest manufacturing and IT technologies.
Trident Group, a USD 1 billion Indian business conglomerate and leading global player in home textiles, has been awarded the Joint First Prize at FICCI Water Awards 2020 in the category of “Industrial Water Use Efficiency.’
The postponement decision was taken as a result of intense discussions and evaluations with our participants and sector representatives.
At present SMPL makes about 85 tonnes of yarn per day super quality yarn. 65 per cent of this is for export market and rest caters to the domestic demand.