Rieter Bags Big Order For Combers & Draw Frames From Chinese Mill
Rieter has received an order for the first batch of Rieter technologies amounting to around CHF 62 million from Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW).
Rieter also signed a partnership with DIW to develop intelligent yarn manufacturing technology that utilises digitisation and automation to minimise conversion costs and maximise value for customers.
The first order is for combers and draw frames that will provide the basis to transform DIW’s spinning mills into state-of-the-art industrial textile operations.
According to a Rieter press release, DIW specialising in intelligent manufacturing selected Rieter from among various competitors as Rieter machines achieved better stability and higher production.
The strategic partnership of DIW and Rieter is designed to further enhance the overall operational efficiency of DIW’s mills by providing highly efficient machines, automation and digitisation technology.
“This will also minimise conversion cost and consolidate the sustainable growth of both companies, while contributing to the development of the Chinese textile industry,” the Swiss company added.
“We have selected Rieter based on its excellent technology and abundant experience as they provide stronger stability and higher production efficiency,” Yiming Liu, Chairman at DIW said.
“The cooperation has complementary advantages and mutual benefits, which will provide greater possibilities for DIW to reduce costs and increase efficiency,” Liu added.
“We are proud that our technology came out on top in this competition, achieving greater stability and higher production than competitors,” Michael Hubensteiner, Managing Director, Rieter China said.
“We are grateful for the trust that DIW has placed in us and are confident that this partnership will be a game-changer and unrivalled success while further strengthening Rieter’s position in the Chinese market,” he too added.
