Machinery

Oerlikon Showing Complete Solutions At Domotex Middle East

Textile Insights March 23, 2024

The Oerlikon’s Polymer Processing Solutions division is exhibiting at Domotex Middle East where it will be showing complete solutions ranging from melt to yarn, fibres and nonwovens. Domotex Middle East is an event for the carpet and flooring industry and Oerlikon will be present with its joint

Technical Textile & Nonwoven

Staple Fibres For PP Geotextiles Reach New Quality Level

Textile Insights March 16, 2024

The new Oerlikon Neumag staple fibre technology center achieved excellent results while running polypropylene inline tests for geotextile applications of a well known fibre producer. The German company said in a press release that the centre is now also available to customers for tests on continuous inline pilot lines for processing various polymers. Joint tests […]

Machinery

Oerlikon Manmade Fiber Technicians Install Plants 50% Faster

Textile Insights March 5, 2024

Oerlikon Manmade Fibers technicians have been able to assemble and install a complete meltblown system at a US based BCF manufacturer, 50 percent faster than usual. According to an Oerlikon press release, their technicians assembled the US plant within 10 weeks as against installation times of up to 22 weeks, when installed with locally provided […]

Financial Results

Oerlikon Group Sales Drop 7.4% To CHF 2,693 Million In 2023

Textile Insights February 22, 2024

Oerlikon Group sales dropped 7.4 percent year on year to CHF 2,693 million in 2023, which includes a negative foreign exchange (FX) headwind of 6 percent and a 4.5 percent positive impact from Riri acquisition. Group order intake last year decreased 17.8 percent over a year ago period to CHF 2,457 million. Adjusted for FX […]

Machinery

Oerlikon Sells Intralogistics Unit Meant For Large MMF Spinning Mills

Textile Insights January 25, 2024

Oerlikon Barmag Automation (OBAA) which operates in the field of intralogistics for large chemical fibre spinning mills has been sold to Italian company (IGH) Irico Gualchierani Handling S.r.l. “This will enable Oerlikon to focus more on its core competence in melt, yarns, fibres and nonwovens within spinning and texturising in the future,” a press release […]

Financial Results

Oerlikon Group Faces Headwinds In Sales & Margins For Q3 2023

November 5, 2023

Oerlikon Group recently released its Q3 2023 financial results, revealing headwinds in sales and margins due to challenging market conditions. During the third quarter, Oerlikon Group experienced a 25.8% drop in order intake to CHF 567 million, mainly attributed to a slump in demand in the polymer processing solutions segment. Sales also declined by 15.9% […]