The situation in Europe is penalized by the strong Euro in particular.
Paolo Piana, CEO of Sinterama, summarizes the market of yarn that is on the European and global level in an interview with Fibre2Fashion Correspondent Ridaa Saiyed. Synopsis: With its head office in Biella (Italy), Sinterama is a leading European manufacturer of polyester yarns, mainly coloured, for the automotive, home textile, apparel and technical products industries. It is a multibrand group, present in 7 countries with 8 production sites: Italy, Great Britain and Bulgaria in Europe, Turkey, Brazil, Mexico and China. The Group achieves with 1000 employees a sale of almost 40,000 tons of specialty filament yarns and a turnover of 200 million USD. Sinterama is partner of Indorama Venture Limited, Bangkok (Thailand), holding Trevira, polyester staple and filament producer in Germany. Paolo Piana, aged 65, is the CEO of Sinterama. He is the Board member of Euratex, European Textile and Apparel Association. Mr. Piana is the founder of Tespiana (1970), textile yarns producer, which merged with Sinterama in 1990. He is the founder and present owner of Incas (Italy, 1981), logistic automation company. Mr. Piana holds a degree in industry finance and accounting. Excerpts:
Give us an overview of the European yarn market.
Discuss the applications and functions of yarn in different sectors.
Highlight the recent advancements in the methods and strategies used for yarn production?
What is the role of product research and innovation in the production of yarns?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.