Dorix renamed Radici Chemiefaser

27th August 2013 0 comment
Dorix, the European leader in the production and sale of PA6 staple fibre products, will be operating under the new name of Radici Chemiefaser, following a reorganisation of RadiciGroup corporate operations in Germany, where the group has production and sales sites and is engaged in the businesses of synthetic fibres, chemicals and plastics. The Dorix brand name will be maintained for the nylon 6 staple fibre products, as well as for the new nylon 6.10 products manufactured by RadiciGroup using a polymer made of 64% biomaterials.

Eco Circle features in China National Games

27th August 2013 0 comment
The Teijin Group, the leading high-performance fibre supplier, will provide uniforms made from its recycled polyester Eco Circle Fibres for staff at the athletes’ village of the 12th National Games of the People's Republic of China, the largest national sporting event in the country. The Games will be held from 31 August to 12 September in the city of Shenyang. Teijin will contribute to the themes of the Games, Green, Eco and Low Carbon, by providing suits and ties made from Eco Circle Fibres, which are manufactured using Teijin's closed-loop recycling system, Eco Circle. The system employs the group's advanced proprietary chemical recycling technology developed in 2000.

Oerlikon optimises e-shop

26th August 2013 0 comment
Oerlikon Manmade Fibres has optimised its website for the products and services of its two Oerlikon Barmag and Oerlikon Neumag brands. Customers can now access tailor-made services in eleven different languages and around the clock. The website offers a sophisticated e-shop system allowing customers to view all their inquiries and transactions, including all the corresponding documentations such as packing lists, invoices and waybills, over the past four years.

Lenzing to focus on Tencel and Modal production

21st August 2013 0 comment
In first half of 2013 Lenzing has generated earnings in line with the company’s expectations, but considerably below the first half of 2012. Consolidated sales declined by 6.8% in the first half of 2013 to EUR 989.9 million. Furthermore, there was a loss of external sales of about EUR 42.5 million at the Paskov pulp plant. EBITDA amounted to EUR 162.0 million, down 16.3% from the first half of 2012. The EBITDA margin was 16.4% in contrast to the prior year figure of 18.2%. Earnings before interest and tax (EBIT) in the first half-year totalled EUR 103 million, a decrease of 27%. The disposal of the Business Unit Plastics by the Lenzing Group resulted in a cash inflow of EUR 61.7 million and a gain on disposal before taxes of EUR 25.9 million at the half-year reporting date.

Buckeye reports downturn in net sales for Q4 and fiscal 2013

14th August 2013 0 comment
Buckeye Technologies, a leading manufacturer and marketer of specialty fibres and nonwoven materials, has announced earnings for fiscal year 2013. The company has reported a decline in net sales by 9% for the fiscal 2013 compared to fiscal 2012. The net sales for the fourth quarter 2013 were also down $9 million compared to the fourth quarter of 2012.

Andritz satisfied with first half 2013

9th August 2013 0 comment
International technology group Andritz, a leading supplier of plants and services for the nonwovens , pulp and paper and other specialised industries, showed a solid order intake and a favourable sales development during the second quarter and the first half of 2013. Andritz President and CEO Wolfgang Leitner explained : “In view of the very difficult overall economic environment, we must be satisfied with the business development of the Andritz Group. For the remaining months of the 2013 business year, we expect investment activity in our key customer industries to remain subdued worldwide.” The group expects a rise in sales in the 2013 business year. However, due to the sharp earnings decline in the pulp and paper, and separation business areas, as well as scheduled amortisation of intangible assets related to the acquisition of Schuler, the net income will be significantly lower than the last year’s reference figure.

Ahlstrom ‘rightsizes’ to save EUR 35M

9th August 2013 0 comment
High performance fibre-based materials company Ahlstrom, published a January-June 2013 interim report this week with an overview of the international markets. The company will also initiate a ‘rightsizing programme’ aiming to reach annual cost savings of EUR 35 million by the end of 2014. “Our sales and operating profit excluding non-recurring items improved slightly from the comparison period, but our performance did not yet meet the targets we have set, despite the significant efforts we have taken to restructure our product portfolio and renew our way of working,” explained Jan Lång, President & CEO. “To enhance our competitiveness, we have today announced a rightsizing programme, which aims at reducing our annual cost base by EUR 35 million in the next 18 months.”

Monforts opens world class Advanced Technological Centre

6th August 2013 1 comment
A.Monforts Textilmaschinen has opened a massive new Advanced Technological Centre (ATC), which occupies a 1500m2 area in a complete hall at the company’s headquarters in Blumenberger Strasse, Mönchengladbach. The ATC will allow customers in-house opportunities to undertake trials on Monforts dyeing and finishing machines under fully confidential, real production conditions.

Freudenberg-Politex and Komitex plan nonwovens JV

31st July 2013 0 comment
Komitex, Russia’s leading producer of nonwovens and synthetic fibres is considering the possibility of establishing a joint venture with Freudenberg-Politex later this year. The new venture is expected to be established at the production site of Komitex in the Komi region of Russia and will focus on the production of nonwovens.

Exports drive Italian textile machinery

30th July 2013 0 comment
Italy has recorded 12% overall growth in new orders for textile machinery for the second quarter of 2013, thanks to foreign markets (+14%) and a stable domestic market (-1%).

Mon 21st Apr 2014