Search Results: itme (2261)

Rieter reports sharp decline in demand for FY2020

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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.

Rieter reports sharp decline in demand for FY2020

By

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.

NCTC launches ’Helpline” to address yarn supply issue

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The National Committee on Textiles & Clothing (NCTC) convened a meeting of all the stakeholders across the textile value chain on 12th March 2021 and launched a Helpline Portal – http://citiindia.org/yarn-form/form/form.php, at Confederation of Indian Textile Industry (CITI).

Champion Thread launches 100% recycled sewing threads

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The global provider of thread, yarn, and diverse sewn products components, has launched the Renu line of all-around, environmentally friendly industrial sewing threads made entirely from non-virgin materials. The 100 per cent recycled threads provide a green option without sacrificing sewing performance.

Change in the board of directors of Rieter

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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.