October 14, 2024
Corporates

Rieter Wins Historic Order From DIW

On July 16, 2024, Rieter and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) signed a contract for over 700 Autoconer X6 winding machines, marking the largest order in Rieter China’s history. This deal strengthens their strategic partnership, aiming to develop advanced spinning operations and achieve new levels of quality, productivity, and efficiency.

The Autoconer X6, crucial for final quality assurance in ring spinning and compact-spinning, is known for its productivity, intelligent process automation, and superior splicing and winding quality. This order will help DIW enhance its vertical integration and accelerate its growth strategy in the cotton spinning industry, reinforcing its global market leadership.

This follows an initial order in March 2024 when Rieter and DIW first partnered to develop intelligent yarn manufacturing technology using digitization and automation to reduce costs and maximize value.

Liu Yifang, Vice Chairman of DIW, stated: “This partnership is a win-win for both companies. With our integrated operations, we are building some of the world’s most advanced spinning operations, positioning us for growth. Together, we will enhance DIW’s operational efficiency, creating a major player in cotton spinning.”

Michael Hubensteiner, Country Managing Director of Rieter China, added: “Rieter’s high-performance winding machines will help DIW meet growing demands and efficiency requirements. This renewed cooperation amplifies our strengths, positions us for growth, and enables long-term cooperation between Rieter and DIW.”

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