#ITMA 2023

2023-04-20

Itema Group at Swissmem Pre-ITMA 2023 Press Conference

Itema, the global leading provider of advanced weaving solutions, including weaving machines, OEM spare parts, weaving accessories, and integrated services, participated in the Swissmem pre-ITMA 2023 press conference in Bern on the 17th of March.

Matteo Mutti, Itema Switzerland Ltd Managing Director, first introduced the Group’s 2022 financial results and then focused on ITMA 2023.

In 2022, Itema recorded a sales revenue of EUR 337.6 million, up +10% over the previous year, thus continuing its path of constant growth.

Mr. Mutti continued by introducing the main highlights of the Itema Group’s participation in the upcoming ITMA 2023: “ITMA 2023 will take place in Milan, Italy, which is our Group home country. Therefore, we are excited to welcome visitors from all over the world and we are working to guarantee to them the best possible experience at the event.”

Itema is present at ITMA 2023 with the target to be a meeting point for the industry. The Itema Group booth in Hall 6 – B105 will offer all the latest innovations in the Itema weaving technology and also premium weaving accessories by the Group companies Lamiflex and Schoch to make the weaving process even more effective, sustainable, smart, and successful.

In Mr. Mutti’s words: “At ITMA, Itema will present a full range of solutions developed to make our customers’ life easier while providing them with tangible benefits in terms of textile mastery, eco- efficiency, digitalization and easy weaving.”

Itema America acquires Palmetto Loom Reed, strengthening local manufacturing and service in the U.S.

Itema America, the U.S. subsidiary of Italy-based Itema Group, has acquired – through an Assets Purchase Agreement – Palmetto Loom Reed, a Greenville, South Carolina-based manufacturer of weaving reeds and one of the last remaining domestic producers of these precision components in the United States.

Itema exhibits the two best-selling high-end rapier weaving machines of the Region, R9500EVO and Galileo-RX at SITEX 2026

Following the opening of its new Surat Service Center in November, Itema will exhibit at SITEX (Stand 286) from February 21st to 23rd at the Surat International Exhibition and Convention Centre (SIECC). Surat has long been one of Itema’s most strategic markets, a role further reinforced by the inauguration of the Surat Service Center last November. Equipped with an advanced electronic repair center, a weaving machine behavior simulator, and a local spare parts warehouse, the new facility strengthens Itema’s presence in the region while bringing the company even closer to its Customers.

Experts publish APAC policy priorities

Cascale today announced the publication of its APAC Policy Priorities Paper, developed by the Asia-Pacific (APAC) Policy Member Expert Team (MET) to identify key regional sustainability challenges and provide practical, aligned recommendations for policymakers and industry stakeholders across Asia-Pacific.

Temco launches a new DTY all-in-one solution

Temco introduces the DTY All-in-One Solution – a fully harmonized set of components engineered to give customers a highly stable, low maintenance and reproducible process environment. The solution reduces interruptions, extends component lifetimes and supports consistent yarn quality across all machine positions. All-in-One Solution – a fully harmonized set of components engineered to provide maintenance and reproducible process environment.

Lenzing advances its transformation: Higher EBITDA, stronger free cash flow and more than EUR 200 million in cost savings

The business performance of the Lenzing Group in 2025 was affected particularly in the second half of the year by external factors such as international tariff measures, subdued demand and declining market prices. As a result, revenue decreased slightly by 2.3 percent to EUR 2.6 billion, primarily due to lower fiber sales volumes and lower prices for fibers and pulp, which were further negatively impacted by currency developments. Nevertheless, thanks to the comprehensive Performance Program, Lenzing was able to improve its operating performance and key financial indicators compared with the previous year.