Switzerland-based Rieter Holding Ltd and Shanghai (China) listed Saurer Intelligent Technology Co. Ltd have signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V. (Amsterdam/Netherlands), the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach- Palenberg/Germany and Saurer Technologies GmbH & Co. KG (Krefeld/Germany).
Search Results: spinning (2869)
Rieter’s Performance Optimization Services (POS) developed a tailored mill solution for a customer in India that helped reduce energy consumption by 3 kWh/h per compact-spinning machine while improving productivity by up to 10%.
The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, India’s exports to China increased significantly in Q4 FY21 and share of China in Indian exports increased to 25% in FY21 (from 22% in FY20). In FY22, the momentum in export growth is estimated to be higher due to revival in global economy along with ongoing restrictions on Xinjiang region produced cotton and possible similar restrictions from other countries such as UK, says Anuj Sethi, Senior Director, CRISIL Ratings, in this interview.
The pandemic has accelerated a transformation already underway in the textile supply chain. Realising the urgency of enacting a digital transformation, Association of Italian Textile Machinery Manufacturers (ACIMIT) has accelerated its Digital Label project for certifying Italian textile machinery that adopt a common set of data, in order to more easily integrate with the operating systems of their client businesses (ERP, MES, CRM, etc.). In this interview with Rakesh Rao, Alessandro Zucchi, President, ACIMIT, explains the importance of digitalization and sustainability for textile machinery makers.
The pandemic has accelerated a transformation already underway in the textile supply chain. Realising the urgency of enacting a digital transformation, Association of Italian Textile Machinery Manufacturers (ACIMIT) has accelerated its Digital Label project for certifying Italian textile machinery that adopt a common set of data, in order to more easily integrate with the operating systems of their client businesses (ERP, MES, CRM, etc.). In this interview with Rakesh Rao, Alessandro Zucchi, President, ACIMIT, explains the importance of digitalization and sustainability for textile machinery makers.
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
According to the industry insiders, as the prices of yarn are increasing, the buyers are not ready to increase the product prices due to which they are losing orders.