Interviews
Oerlikon textile division has positive outlook – VP (Mktg)
04 Sep '09
4 min read
Mr André Wissenberg
He replied by saying, “Actually we see that the chemical fiber sector is recovering and large orders for Oerlikon Barmag have started to come in towards the end of the first half of the year and which, subject to timely customer approval, can for the most part still be realized during 2009”.
“Texturing machine production at the plant in Suzhou, China, is already functioning at full capacity. In light of Asia's good reception of the new Oerlikon Barmag eFK-type texturing machine, this should continue to be the case until mid-2010. The modular design of this technology is the key to continued successful market cultivation and this positive development has been aided by the economic stimulus package sanctioned by the Chinese government”, he continued by saying.
He added, “The increase in market prices for chemical fiber yarns in India at the beginning of the year also had a positive impact and the innovative product range of Oerlikon Barmag was instrumental in the division's above-average results as compared to the competition and within the constraint of the weak market conditions, Oerlikon Barmag is well positioned, with a positive outlook, as order books for spinning and texturing are full until mid 2010”.
He said, “Oerlikon Saurer's twisting and embroidery machines provide further evidence of market stabilization and the order situation in the US, India and Egypt showed a slight upturn in products such as carpet cablers, upgrades and shuttle embroidery machines to name a few and Oerlikon Saurer expects a continued slight increase in demand in the twisting and embroidery sector by the fourth quarter”.
“This gradual upward trend is also bolstered by the business performance of Oerlikon Textile Components. Market development in this sector has been quite positive since the beginning of the year, albeit at the below average market level of past years. however, this is a sign of improvement in spinning mill production. Oerlikon Textile Components also anticipates an improvement in the second half year”, he concluded by saying.
“Texturing machine production at the plant in Suzhou, China, is already functioning at full capacity. In light of Asia's good reception of the new Oerlikon Barmag eFK-type texturing machine, this should continue to be the case until mid-2010. The modular design of this technology is the key to continued successful market cultivation and this positive development has been aided by the economic stimulus package sanctioned by the Chinese government”, he continued by saying.
He added, “The increase in market prices for chemical fiber yarns in India at the beginning of the year also had a positive impact and the innovative product range of Oerlikon Barmag was instrumental in the division's above-average results as compared to the competition and within the constraint of the weak market conditions, Oerlikon Barmag is well positioned, with a positive outlook, as order books for spinning and texturing are full until mid 2010”.
He said, “Oerlikon Saurer's twisting and embroidery machines provide further evidence of market stabilization and the order situation in the US, India and Egypt showed a slight upturn in products such as carpet cablers, upgrades and shuttle embroidery machines to name a few and Oerlikon Saurer expects a continued slight increase in demand in the twisting and embroidery sector by the fourth quarter”.
“This gradual upward trend is also bolstered by the business performance of Oerlikon Textile Components. Market development in this sector has been quite positive since the beginning of the year, albeit at the below average market level of past years. however, this is a sign of improvement in spinning mill production. Oerlikon Textile Components also anticipates an improvement in the second half year”, he concluded by saying.
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