Since the inauguration in 1984, ShanghaiTex has developed into one of the most established textile machinery exhibition in China and has been identified as a---- national brand with international and modern management. Stepping into its 15th edition, The International Exhibition on Textile Industry (ShanghaiTex 2011) will be staged again at Shanghai New International Expo Centre, Pudong, Shanghai during June 14 – 17, 2011.
ShanghaiTex 2011 will gather more than 1,000 high quality textile exhibitors at an exhibition area of over 92,000sqm. Among them, near 400 enterprises come from knitting, dyeing and finishing sectors, accounting for over 50% of the total exhibiting area. Green and technological exhibits are one of the highlights that could not be missed by industry players.
Textile machinery and equipment do not only serve as production tools, but also play an important role to improve quality & efficiency, save energy, reduce consumption and pollution of the whole production process. Textile machinery is thus crucial for manufacturers. Therefore, a premier exhibition is required to serve as a technological arena for leading suppliers to showcase their new achievements.
ShanghaiTex has always been the preferred platform for textile machinery and environmental friendly products. Up till now, the exhibition has received encouraging responses; 8 exhibition halls are full already. Booths in knitting, dyeing and finishing machinery zones are in shortage. Numerous renowned brands will be exhibited at 5 theme zones as below:
Knitting & Hosiery Machinery Zone (W1 & W2): Italy's Santoni, BTSR, Germany's H. Stoll, Groz-Becker, Karl Mayer, Terrort, Japan's Shima Seiki, Hong Kong's Nan Sing, Ning Bo Cixing, Ning Bo Yuren, etc.
Shareholders at 120th Annual General Meeting of Rieter Holding Ltd approved all proposals by the Board of Directors, also including a split of the Rieter Group by separating the Textile Systems and Automotive Systems divisions into independent listed companies. They furthermore voted Erwin Stoller to the Board of Directors for another 3-year term of office.
The 120th Annual General Meeting of Rieter Holding Ltd was attended by 813 shareholders representing 51% of share capital. They approved all Board proposals, the Annual Report with the annual accounts and consolidated financial statements for 2010, formal discharge of the Board of Directors and Group management team members for the business year 2010, and change of company purpose required in connection with the Group split. Consultative approval of the Compensation Report was confirmed by some 90% of those present. Shareholders furthermore voted Erwin Stoller to the Rieter Board of Directors for another 3-year term of office.
Board Chairman Erwin Stoller opened the meeting by pointing out its historical importance: shareholders were asked to approve a split of the Rieter Group by separating the textile machinery and automotive supply businesses into independent listed companies. 99% of shareholders present approved this proposal, which included payment of a special dividend to Rieter Holding Ltd shareholders in the form of registered shares in Autoneum Holding Ltd.
“We demand a complete roll-back on the 17 percent sales tax imposed on import of textile machinery, equipments and spares”, said, Mr Javed Balwani, Chief Coordinator - Pakistan Hosiery Manufacturers Association and Convener - Council of All Pakistan Textile Association (CAPTA).
Mr Balwani was reacting to the imposition of 17 percent sales tax by the Pakistani government on imports of textile machinery, spares and equipment.
In a recent notification, the government restricted zero-rating sales tax measure on five export sectors; textile, leather, surgical, sports and carpets to only registered manufacturer-exporters or only exporters.
He was of the opinion that imports of machinery should be zero-rated as was done earlier, with the main benefit being that, cost of doing business falls.
Lakshmi Machine Works Ltd announced that M/s. Rieter-LMW Machinery Limited, Coimbatore(RLM) is a Joint Venture Company wherein 50% of the paid up share capital are held by the Company and the remaining 50% is held by M/s. Rieter Machine Works Limited, Switzerland(Rieter).
Rieter have offered to sell their holding of 50% shares in the Joint Venture Company RLM to the Company. The Board of Directors of the Company at the Meeting held April 01, 2011 after considering various aspects have decided to accept the offer of Rieter.
The value of shares will be determined as on June 30, 2011. Once the process of disinvestment by Rieter is complete, RLM will become a wholly owned subsidiary of the Company.
LMW, founded in the year 1962, is today a global player and one among the three manufacturers of the entire range of Textile Machinery.
Rieter-LMW Machinery Limited (RLM) is a joint venture between M/s. Lakshmi Machine Works Limited, India and M/s. Rieter Machine Works Limited, Switzerland.
Consul General of Switzerland, Didier Boschung recently stated that, a big trade delegation including those from textile industry of Pakistan is planning to pay a visit to Switzerland in May this year, to survey the trade prospects in Switzerland and to enhance mutual trade between the two nations.
He called upon the industrialists to join the delegation, which is being arranged by the Swiss Business Council (SBC) in association with the Swiss Consulate General Karachi and Swiss Asian Chamber Zurich.
Further, Boschung expressed hope that the two countries would generate new prospects and bring about new business opportunities to strengthen the financial bonding amongst the two nations.
He stated that, textile machinery is amongst the key imports of Pakistan from Switzerland, and that the Swiss producers of these machineries met with an excellent response at the Megatech 2011, the biggest exposition of textile machinery which was recently held at the Lahore Expo Centre.
Mr. Harald Szczepanek was appointed Joint Managing Director by the Board of Directors of Spindelfabrik Suessen GmbH, effective December 1st, 2010.
He succeeds Mr. Erich Casanova, who left SUESSEN after eight very successful years and reaching his retirement age.
With Mr. Harald Szczepanek we were able to engage a very experienced expert in the field of textile machinery.
Harald Szczepanek completed his studies of mechanical engineering at the University of the Federal Armed Forces in Munich (Dipl. Ing.). At the beginning of his career he was employed by a number of companies as head of production and development. Subsequently, Harald Szczepanek was Managing Director of an important subsidiary for several years. In addition, he has been able to prove very successfully his substantial expert knowledge and experience in numerous projects at home and abroad.
SUESSEN is the acknowledged Leader in Open-End and Compact Spinning Technology. The well-known Open-End SpinBoxes SE 7, SE 8, SE 9 and SE 10 were developed and manufactured by SUESSEN. The latest SpinBox generations, SC and SQ series, have been successfully retrofitted to almost 700 OE rotor spinning machines already. In total, SUESSEN has manufactured close to 3,000,000 SpinBoxes.
SUESSEN’s EliTe Compact Spinning System, introduced at ITMA 1999, and since sold for over 4,500,000 spindles, has already established itself as the most versatile compact ring spinning system. Existing ring spinning machines of various makes can be upgraded to compact spinning, using SUESSEN EliTe CompactSet.
ITMA 2011 in Barcelona (22 – 29 September 2011) is on everyone’s lips in the sector. What are the comments of the exhibitors regarding the most important exhibition of the textile machinery industry? What can customers of the textile and garment industry worldwide expect from “Made in Germany” presented at ITMA? Please find below the CEO’s comments from the leading exhibitors of various sectors.
Heinrich Trützschler, General Manager - Trützschler, Hall 2, Stand B 131
“At the attractive venue of Barcelona we expect a high visitor frequency for ITMA 2011, in particular from the growing markets of Latin America as well as Central and South East Asia. The expanding sector of technical textiles in particular will profit from an ITMA in Europe”.
Thomas Babacan, CEO Oerlikon Textile & COO OC Oerlikon - Hall 2, Stand D 130
“All renowned companies worldwide are represented at ITMA. This applies both to our internationally positioned company as well as to visitors from the textile industry, around 80% of whom will come from abroad."
Jochen Zaun, Managing Director - Georg Sahm, President VDMA Composite Technology, Hall 2, Stand D 118
"ITMA is the best platform for presenting innovative production technologies, as well as technical textiles. We will show there our latest developments in winding technology.“
Johann Philipp Dilo, Managing Associate - Dilo-Group, Hall 2, Stand B 101
“ITMA in Barcelona is the most important exhibition of the international textile machinery industry in 2011. Our innovations will attract decision makers of nonwovens industries worldwide.”
Heinz-Peter Stoll, Managing Associate - H. Stoll, Hall 3, Stand A 165 “Fira de Barcelona Gran Vía ranks among the most modern fairgrounds in Europe. Centrally situated between the airport and the city of Barcelona, ITMA 2011 will be quick and easy to reach. We are convinced that our customers from the flat knitting industry will highly appreciate both the first-class accessibility and the atmosphere of Barcelona.”
Uster Technologies AG, the leading high technology instrument manufacturer of products for quality measurement and certification for the textile industry, announced sales of CHF 132.8 million in FY 2010, an increase of 31.8% compared to the prior year figure of CHF 100.8 million. Growth was driven by significantly improved overall economic conditions in all major markets and the recovery in textile machinery investments spearheaded by the Asian markets, most notably China.
The Group further strengthened its strong market position and delivered impressive margins. EBITA reached CHF 34.6 million (2009: CHF 22.7 million) improving the margin to 26.0%. The Group's net result amounted to CHF 20.8 million (2009: CHF 1.2 million). It was enhanced by one-off effects arising from the resolution of tax issues from earlier years. In 2010, Uster Technologies Ltd further decreased its net debt to CHF 76.5 million thereby demonstrating the Company's strong cash generation power.
In 2010, the textile industry experienced a sharp recovery. At the same time raw material prices, especially cotton, and yarn prices increased compared to their levels at the beginning of the year. The result was further emphasis on the importance of quality and enhanced interest in measuring and testing systems. This positive development was supported by an improvement in credit and trade financing terms for the Group's customers in all major markets. China continued to be the leader in the textile industry whilst the mid-Asian markets including India, Turkey, Bangladesh and Pakistan recovered from the economic instability of previous years.
One of the most powerful men in Chinese textiles, Du Yuzhou, President of China National Textile & Apparel Council (CNTAC), is to address international industry leaders at the ITMA-ITMF World Textile Summit later this year.
Mr Du, President of China National Textile & Apparel Council (CNTAC) is one of a trio of speakers newly announced by the organisers of the Summit, which will take place in Barcelona, Spain, on September 21. He will outline China’s strategic ambitions for its textile industry and report on progress in its extensive modernisation programme.
The challenge of technological change and the drive for product innovation will be among the themes explored by both Loek de Vries, president and CEO of the technical textile leader TenCate, and Thomas Babacan, CEO of the world’s biggest textile machinery manufacturer, Oerlikon Textile, and COO of the OC Oerlikon Group.
TenCate, with an annual turnover of more than €1 billion, is a Dutch-based multinational with extensive interests in advanced textiles, composites, geosynthetics and artificial turf. Oerlikon Textile, part of the Swiss-based Oerlikon Group, has a turnover of €2 billion, making spinning, embroidery and nonwovens machinery through its Oerlikon Schlafhorst, Oerlikon Saurer, Oerlikon Barmag, Oerlikon Neumag and Oerlikon Textile Components business units.
The recovery in the textile machinery and automotive markets that had started in the second half of 2009 continued in 2010. Despite the usual seasonal effects at Automotive Systems in the second six months, demand over the course of the year as a whole was at a considerably higher level than in the previous year.
Orders received by the Rieter Group in the 2010 financial year totaled 3’170.0 million CHF. Compared to the previous year’s figure, this corresponded to an increase of 64% (1’935.1 million CHFin 2009). The trend in order intake was dynamic throughout the year. The steep rise compared with the previous year was due primarily to very strong demand at Textile Systems.The 32% increase in sales by the Rieter Group was less than the growth in orders received due to the low order volume in the previous year. Sales were slightly higher in the second half of the year than in the first six months and totaled 2’585.8 million CHF (1’956.3 million CHF in 2009). Exchange rate trends adversely affected both key figures, especially in the second half. In local currency terms, orders received and sales increased by 68% and 36%, respectively, in the year under review. Based on exchange rates prevailing in 2007, consolidated sales would currently already be 2.9 billion CHF again.
Rieter Textile Systems:
almost three-fold increase in orders received
The world market for spinning machinery and components recorded a strong recovery with a broad regional base in the year under review, following two years of conspicuously weak demand. The main markets for Rieter were China, India and Turkey. There was also a large volume of demand from Bangladesh, Brazil, Indonesia, Pakistan, South Korea, and also the USA. The upswing was driven by investment demand for replacements and expansion as well as strong growth in textile consumption in the major Asian markets. Rieter Textile Systems successfully exploited the positive trend due to its strong market position, increasingly also in machinery and technology components which are adapted to local needs in emerging markets.
The Southern India Mills Association (SIMA) organized Texfair 2010 the international exhibition for textile machinery, spares, accessories, and other supporting services from December 17 – 20, 2010 at CODISSIA Trade Fair Complex, Coimbatore. The main objective of the event was to create awareness of the latest developments in textile machinery, accessories and equipment.
The Minister for Rural Industries and Animal Husbandry, Pongalur N. Palanisamy, inaugurated the event where 180 exhibitors showcased their products and services with 220 stands and more than 35 000 visitors attended.
Rieter India displayed Rieter SYS parts related to OE spinning, Compact spinning, Drawframe and Comber along with information booths from Jossi and Xorella. All the visitors conveyed their appreciation to the Rieter India team for their booth presentation and hospitality.
Overall, Texfair 2010 turned out to be a success in bringing together the industry stakeholders and increasing their understanding of individual requirements.
EURATEX – the European Apparel and Textile Confederation and CEMATEX – the European Textile Machinery Manufacturers Association have signed a Memorandum of Understanding in Brussels. The agreement foresees a stronger collaboration of the two European industry bodies in fields such as research, technological development and innovations as well as the promotion of a positive forward-looking image of both industries with European policy makers as well as the general public.
In the presence of representatives of the two sectors, the respective presidents of the two organisations, Dr. Peter Pfneisl, EURATEX and Mr. Steve Combes, CEMATEX highlighted in their speeches the growing importance of research and technological innovation for the European textile, clothing and machinery industries for maintaining a competitive advantage in the global competition, cited several examples of past joint actions between the two industries and outlined concrete plans for future activities.
Closing his speech, Dr. Pfneisl said “I would like to ensure our colleagues from CEMATEX that the European textile and clothing industry will not stop in its relentless efforts to innovate in its products and processes to always remain one step ahead of our global competition. These innovations are unthinkable without the right machines and equipment with the right functionalities and capacities, available at the right time. We don’t see anybody better placed to provide us with these innovation tools than our colleagues from the European textile machinery industry and we look forward to fill this collaboration agreement at European level with a wealth of mutually beneficial activities for many years to come.”
Mr. Combes confirmed CEMATEX’s strong believe in the benefits of cooperation stating that “We are keen to participate in Euratex initiatives such as the European Technology Platform for the Future of Textiles and Clothing.
Maoxin Ye, the Vice President of China Hi-tech Group Corporations, is excited regarding the setting up of a machine spare parts producing unit for textile industry in Indonesia. He said that, the company does not have any problem in transferring technology to the new plant, and is also capable of financing the project.
Unlike China which has 100 million mills, Indonesia just has eight mills. Therefore, China is interested in playing a significant part in Indonesia’s textile machine restructuring program.
Though, Maoxin did not disclose the quantum of investment, he was optimistic that the government will help the company with its plan, like by offering tax concessions and import duty subsidies. He further said that, the company expects the government to treat it like an Indonesian firm.
If China makes investment in machine assembling, textile machine production will no more be meant to fulfil the domestic demand, as the machines then would be exported to even other developing nations including India and Pakistan, which also position themselves as major producers of textiles.
The shift towards Chinese products is mainly attributable to good quality of machines which enables the producers to boost their production to the level like that of the producers in Europe and Japan. Besides, energy saving capacity of Chinese machines is also high. Thus, Indonesian government has called upon the Chinese investors to invest in the country, and thereby to help it with its plan of restructuring the industry.
Over the third quarter of 2010, orders for Italy’s textile machinery manufacturers slowed their course somewhat, following the steady recovery under way during the year’s first two quarters.
According to economic trend surveys conducted by ACIMIT (the Association of Italian Textile Machinery Manufacturers), orders of textile machinery for both the domestic and foreign markets appear to have dropped off compared to the previous quarter (-17% and –2% respectively). The total value generated is 152.7, a 4% decrease with respect to the second quarter, but remains nonetheless higher than values recorded in 2009.
The race to attain order placements matching pre-crisis levels thus appears to have been momentarily put on hold this past quarter. Abroad, the slowdown effectively seems to be just a pause, following strong growth in orders recorded between end of 2009 and the first few months of 2010.
“The worst of the crisis is now behind us - declares Salmoiraghi, the President of ACIMIT- but there’s still a great deal of uncertainty for the future. The euro’s continued strength and higher prices for raw materials are obviously worrisome signs for manufacturers, and especially for exporters, as is the case for companies in our sector”.
Italy will host the 17th edition of ITMA, the world’s largest exhibition of textile machinery. It will be held at the Fiera Milano Rho exhibition centre in Milan, from 12 to 19 November 2015.
Fiera Milano won the international bid organised by CEMATEX, the owner of the ITMA show, after beating three other short-listed bidders from an original list of 12.
This high profile exhibition is returning to Milan after 20 years, and the news will be welcomed not only by the city itself but also by the region’s large textile machinery industry.
“The award of ITMA 2015 to Fiera Milano is the clearest sign that by working together we can achieve a very competitive bid," stated Sandro Salmoiraghi, President of ACIMIT, the association of Italian textile machinery manufacturers.
"I thank Fiera Milano for all the efforts they have made to win the right to host the event,” continued Salmoiraghi, “I thank CEMATEX for having once again chosen Italy, and also all the Italian textile machinery manufacturers for their strong support of ACIMIT during the bidding process."
ITMA is an exhibition which should not be missed by any companies working in the textile industry. It attracted 118,000 visitors from 151 countries during its 2007 edition in Munich, over 80% of whom came from outside Germany. In 2015 the show is projected to take up 100,000 square metres net of the exhibition space in the Rho-Pero venue.
“We are very proud to announce this success today,” Fiera Milano General Manager Enrico Pazzali said. “ITMA is in fact much more than a big exhibition. It is a very special event which takes place every four years, and all the major exhibition centres in Europe which are large enough to host it are always very keen to win this important contract.
Mumbai hosts the three-day Garment and Textile Machinery and Accessories (Gartexma) 2010 expo, which started on 10th October. The expo will display the country’s garment and textile machinery and accessories.
The expo is a business to business (B2B) platform for the promotion of products, companies as well as technology and has been organized in collaboration with Community of International Sewing Machine Industry, India (CISMI) and Dara Projects.
According to Manjeet Singh Bakshi – the chief executive officer of Gartexma 2010, over 100 processing units and 30,000 apparel units have emerged in and around the city during the past several years. He further added that, Gartexma 2010 has been held in Mumbai for the first time because of the growing prospects of the region.
A number of technology providers from countries like Japan, Korea, China, Switzerland and Italy would also display their machinery in the expo. Around 150 participants from India will take part in the exhibition.
Deputy Chief Minister, M.K. Stalin of Tamil Nadu has recently launched a product of Coimbatore-based Lakshmi Machine Works (LMW) in Shanghai, which had established a textile machinery unit in the southern Jiangsu province of China in September 2009. This was the first South Indian venture in China.
LMW supplied its recently engineered ring frame machine, utilized in yarn manufacturing, to its three Chinese clients.
The $12-million manufacturing unit of LMW located adjacent to Shanghai, is just one of the few Indian companies, which have established such units in China and are looking forward to cater to the requirements of the Chinese market.
Orders for Italian textile machinery grew over the second quarter of 2010, which closed with an overall index of 159.5 points for the period from April/June, amounting to a 35% increase compared to the previous quarter.
In market terms, the orders index processed by ACIMIT, the Association of Italian Textile Machinery Manufacturers, indicates a 40% increase abroad and a 5% increase in Italy.
Commenting on the data, Sandro Salmoiraghi, President of ACIMIT, stated that “the growth in orders is a satisfying element, but the recovery has more or less equally rewarded other machinery manufacturing Countries as well, so that competition on international markets is even fiercer than in the past.”
Forecasts for the third quarter of 2010 provided by producers indicate an essentially stable situation in all segments for Italy’s domestic market. More consistent signs of optimism are coming from foreign sales.
“The orders coming in over the next three months” affirms Salmoiraghi “will be decisive in understanding whether the recovery marks a real reversal of trends.”
ACIMIT (Association of Italian Textile Machinery Manufacturers) is a private national body that gathers Italian textile machinery companies producing more than 80% of the entire Italian textile machinery production, and some associated members (consortia, technical schools, technical magazines, research centres).
The 11th China (Qingdao) International Textile Machinery Fair (QITMF) opens (September 15, 2010) at Qingdao International Convention Center, Shandong Province, PR China. Authoritative symposium on Yarn and Fabric organized by China Textile Engineering Society will be held concurrently (on September 16, 2nd show day) to enhance the show professionalism.
Being the most developed and leading textile machinery show in Northern China, QITMF is the significant platform for the industry to showcase the latest textile machineries and exchange technological information, which also serves as a bridge for industry players to explore Northern China market, enhances the business interaction between upstream and downstream corporations and motivates the integration of the industry. Since its successful inception in 2000, QITMF has gained the industries’ recognition and applause.
QITMF 2010 is categorized into 5 different theme zones, namely Knitting Machinery Zone, Dyeing & Finishing Machinery Zone, Spinning Machinery Zone, Weaving Machinery & Label Making Machinery Zone, and Printing Machinery Zone. Major exhibits include Knitting Machinery, Fiber Manufacturing Machine, Bleaching, Dyeing, Printing, Finishing and Making-up Machinery, Spinning Machinery, Textile Chemicals, Weaving Machinery, Yarn Twisters, Winders, etc. QITMF 2010 presents 4 highlights, shaping a splendid gathering for the Northern China textile industries.
The International Exhibition on Textile Industry (ShanghaiTex) is the most historical and professional exhibition of the kind in China and possesses its unique national brand. With the resources of international buyers accumulated many years, high quality supplier and also the great publicity and promotion, ShanghaiTex has always been concerned by the textile industry and participated by textile machinery exhibitors.
The Organizers will fully utilize 8 halls in Shanghai New International Expo Center in ShanghaiTex 2011 during June 14-17, expecting an exhibition area of over 100,000sqm and the participation of 1,000 exhibitors. Theme zones will be established for visitors' convenience as follows: Knitting Machinery & Hosiery Machinery Zone, Printing Machinery, Dyeing Machinery & Finishing Machinery Zone, Textile Chemicals Zone, Spinning Machinery, Nonwoven Machinery & Techtextile Machinery Zone, Weaving Machinery Zone and Spare Parts & Accessories Zone.
Global economy has been reviving from the global financial crisis since 2008. Chinese textile industry has been recovering at the fastest pace. According to the reports from both national statistic bureau and customs, the fixed asset investment in textile industry was up to RMB13.12 billions in the 1st quarter of 2010, equivalent to a 20.7% increase over last year.
The total export amount has reached 15.21 billions, equivalent to a 26.6% increase over last year. In the mean time, the domestic market has thrived despite the global financial crisis, with countless high-end brands from both domestic and international seizing the opportunity in Chinese market.
