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Oerlikon Neumag bags CHF 50mn orders at ITMA

15 Dec '15
2 min read

Oerlikon said its Manmade Fibres segment received a number of large orders totaling around CHF 50 million for their Oerlikon Neumag staple fibre technologies.

According to an Oerlikon press release, the orders were placed by key customers in Europe and Asia, outside China and these machines will be delivered to customers over the next two years.

Dr. Brice Koch, CEO of the Oerlikon Group, “We are pleased that key customers continue to place their trust in our technologies and have selected our latest Neumag solution to expand their staple fibre production.”

“We will continue to develop competitive technologies in order to create more value for our customers, including those in growth markets,” Dr. Koch added.

“The orders once again confirmed our position as a leader in staple fibre production technologies and the value that our customers see in our innovations and technologies,” Georg Stausberg, CEO at Oerlikon Manmade Fibres segment said.

Oerlikon Neumag offers an extensive portfolio of technologies for the production of synthetic staple fibres.

It delivers both one-step and two-step technology solutions, which enable customers to produce a flexible range between 5 and 300 tons of polypropylene, polyester, recycled polyester, polyamide, and other similar materials per day.

“The Oerlikon Manmade Fibres segment's technologies are also highly customisable, enabling them to cater to individual customers' requirements,” the press release too added. (AR)

Fibre2Fashion News Desk – India

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