Browsing: Oerlikon

The Manmade Fibres Segment of Oerlikon captured a significant share of the business in the filament equipment market, where a high level of demand prevailed, particularly in China.

“We are pleased to announce another quarter of profitable growth”, said Dr Roland Fischer, CEO of Oerlikon Group. “Our positive performance confirms that our strategy addresses attractive markets, our initiatives and activities are delivering positive results, and we are able to take advantage of the growth momentum and opportunities in our end markets. Consequently, we are in a position to increase our full-year expectations for the second time this year.”

Oerlikon has announced that it has acquired Primateria AB in Sweden und signed an agreement to acquire the assets of DiaPac LLC and Diamond Recovery Services Inc (DRS) in the US.

Oerlikon has signed an agreement to acquire Scoperta Inc, an innovative solution provider in advanced materials development, based in California, USA.

The Manmade Fibers segment of the Swiss Oerlikon Group is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l. aimed at extending the nonwovens production systems portfolio to include the high-growth market for disposable nonwovens.

Oerlikon posts strong 2016 results Oerlikon’s full-year order intake stood at CHF 2,413 million, including a positive currency impact of 1.2 per cent and sales came in at CHF 2,331 million, including a positive currency impact of 1.2 per cent.

Georg Stausberg, CEO of the Oerlikon Manmade fibres segment, recently inaugurated the company’s new service station in Vadodara, India

In synthetic fibres, Indian market has high potential mid-term for FDY, IDY and staple yarns, which might have been also due to the slowdown in the Chinese economy, said Michael Korobczuk. “There is no change in the strong consolidation in China’s man-made fibre market.