The Rieter Group has completed the acquisition of a 25 percent stake in Electro-Jet S.L. on December 14, 2018 upon approval by the Spanish antitrust authority.
Search Results: spinning (2860)
In the year 2018, textile industry has seen some improvements from the setbacks faced due to demonetisation and GST. Now each and every textile manufacturer, trader and entire value chain have accepted and understood that GST is now a part of the system, and they have to move forward with GST as applicable for their sector.
The calendar year 2018 had been one of the most challenging years for the textile industry due to the impact of GST on the MSME sector (especially on the textile hubs like Surat, Bhiwandi, Ludhiana, Erode and many others), higher raw material prices, severe liquidity crisis post Punjab National Bank scam and subdued fabric demand.
Jyoti Cotspin is equipped with latest machinery from Truetzschler – it has two blow-room lines and 24 Truetzschler cards including 6 cards with IDF2 technology.
Under the visionary leadership of its Chairman, Sudarshan Bansal, the Indapur unit expanded its operations in the same year with 24,192 spindles, and has kept growing.
Offered with LMW Ringframe LRJ 9 series, the SpinPact is a high tech unique suction compact system that renders supreme quality.
In the Oerlikon Manmade Fibers segment’s new automation division, in excess of 80 specialists draw on more than 30 years of experience in manmade fibre production automation.