For the whole of 2017, Rieter anticipates sales in the region of CHF 980 million and a net profit of around 1 per cent to 2 per cent of sales.
Browsing: Weaving
As a part of the strategy to consolidate their top position in Indian textiles industry, the promoters of Mumbai-based Donear Group have announced the acquisition of OCM Woolen Mills. The acquisition of OCM, which manufactures a premium range of high-quality all-wool and wool-blended worsted suiting fabrics, will enable the Donear Group to expand its range of products to Indian consumers for all weather conditions and for all occasions. In a win-win deal, OCM gets access to the management expertise of the promoters of Donear Group to expand its product range and distribution footprint within India as well as in the overseas markets.
In order to be closer to the customer in the future, Groz-Beckert is moving its Ludhiana office. The new site – Cedar Chambers, 2nd Floor, SCO 12, Sector 32-A, Chandigarh Road, Ludhiana – 141 010 – is now home to Groz-Beckert Asia Pvt Ltd and Groz-Beckert Carding India Pvt Ltd.
JV to manufacture HUBER products in India catering to high-demand markets of India and Bangladesh. HUBER SE, Germany, a global leader in the field of water, etc.
The yarn output improved in Asia, Africa, and Brazil while it was stable in the USA and Europe. The global yarn production improved in Q2/2017. It increased in Asia, Europe, and Brazil and slightly declined in the USA.
The R-Series 200-250kW rotary screw air compressor reduces energy cost by approximately 10 per cent for large manufacturing facilities.
Improvised screen, squeegee and drum washers for perfect and efficient washing with low water consumption are some of Embee’s achievements.