#Spinning

2019-09-06

Oerlikon names Philipp Müller CFO

Oerlikon announced that Philipp Müller has been named Chief Financial Officer (CFO) and member of the company’s Executive Committee, effective January 1, 2020, succeeding Jürg Fedier, who will retire at the end of December 2019.

Philipp Müller has more than 15 years of financial and strategic experience across multiple industries. Most recently, he led the investor relations functions at Baker Hughes in Houston, Texas, US. Prior to that, he served as CFO of GE’s oil & gas drilling business from 2014 to 2016. Previously, Mr. Müller held various financial leadership positions in GE’s industrial businesses. Prior to that, he spent five years on GE’s corporate audit staff, where he advanced to executive audit manager at GE Healthcare. Mr. Müller has extensive international experience, having worked in over ten countries during his career. He is a German citizen and holds a Master’s degree in Business from the University of Mannheim, Germany. Philipp Müller will report to Chief Executive Officer (CEO) Dr. Roland Fischer.

“Philipp is a leader with extensive financial and international management expertise,” said Dr. Fischer. “With his strong financial and strategic skills and experience in the capital markets, he is the ideal person to help lead Oerlikon as we grow in the future.”

Jürg Fedier has served as CFO since joining Oerlikon in 2009. He is credited with successfully refinancing the company in 2010 and has played a key role in defining and executing the company strategy.

“Jürg has been at the center of Oerlikon’s transformation. With his help, we have refinanced the company, streamlined our portfolio through strategic divestments and achieved strong growth by expanding our business and leveraging our financial capabilities,” said Prof. Dr. Michael Süss, Chairman of the Board of Directors at Oerlikon. “He has contributed greatly to the company’s management team with his strong business acumen and financial skills. Largely because of his impact, Oerlikon’s profile and financial performance have improved significantly. We will miss him and wish him all the best in his retirement.”

To ensure a smooth and successful transition, Philipp Müller will join Oerlikon on October 1, 2019, and work with Jürg Fedier until the end of the year.

Oerlikon Manmade Fibers Solutions hosted successful Technology Day 2025 in India

Oerlikon Manmade Fibers Solutions recently hosted its highly anticipated Innovation and Technology Day at the Deltin Hotel in Daman by end of January 2025. The event attracted over 300 participants, including industry experts, partners, and stakeholders, who gathered to explore the latest advancements and trends in the manmade fibers industry in India.

Oerlikon reports third quarter 2024 results, highlights strong execution in a challenging market landscape

In the third quarter of 2024, Oerlikon reported a stable operational Group EBITDA margin, despite challenging market conditions, thanks to a focus on pricing, cost management, and efficiency across both divisions. Group order intake saw a 4% year-over-year decline at constant FX, attributed to temporary market softness in Surface Solutions, while orders in Polymer Processing Solutions showed signs of stabilization.

Barmag Fuzhou Customer Day concludes successfully, boosting high-quality chemical fiber growth in Fujian & Guangdong

Barmag hosted its Customer Day themed “A New Era. Powered by Innovation.” in Fuzhou on June 28, welcoming nearly one hundred invited customers from Fujian and Guangdong provinces. Georg Stausberg, CEO of Barmag Group, attended along-side the sales and R&D expert China team to jointly present integrated solutions covering the entire man-made fiber value chain.

STEELTOP®: A new benchmark in flat tops for spinning preparation

Modern carding generations achieve higher production performance, placing significantly greater stress on flat tops. Higher cylinder speeds and increased fiber density, combined with tighter carding gaps, create more demanding operating conditions. At the same time, poorer raw material quality and the increased use of recycled materials further intensify these challenges. With STEELTOP®, Trützschler introduces a new full steel flat top series developed for these demanding modern carding processes.

Ibrahim Fibres and Trützschler: A strong partnership enters its next phase with the TC 30Si

For more than two decades, Ibrahim Fibres and Trützschler have grown side by side, driven by a shared ambition to continuously improve spinning performance, strengthen technology leadership and set new benchmarks in the textile industry. Today, Ibrahim Fibres is a leading yarn and polyester staple fiber manufacturer in Pakistan. The company operates the largest number of Trützschler cards in the country, with more than 200 machines running across its mills in Faisalabad, and plays an important role in one of Asia’s largest textile industries.

Object Carpet tests production of rPET BCF yarn on Neumag BCF line

In a joint project with Object Carpet GmbH, Denkendorf; the Institute for Textile Technology (ITA), Augsburg; and Next Generation Recyclingmaschinen GmbH (NGR), Feldkirchen, Austria, Barmag investigated the processing of recycled polyester for BCF yarn. The goal was to evaluate the fundamental suitability of 100% recycled carpet material for reuse in carpet yarn production to create a closed-loop system in carpet manufacturing. To date, commercial rPET BCF processes have been based solely on rPET from bottle pellets.

C&S strengthens its governance to support its evolution

C&S announces the appointment of Marco Lucietti to its Board of Directors. With extensive international experience across the textile and denim industries, Lucietti will work alongside CEO Federico Corneli, contributing to the company’s managerial development, organizational structure and long-term strategic direction.