#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.

SAHM Winding Solutions and Vandewiele Automation present integrated automation solution for winding processes

For the first time at the Techtextil trade fair in Frankfurt am Main, Germany (21 - 26 April), SAHM Winding Solutions (Hallo 12.0. / Booth 95) and Vandewiele Automation will be showcasing their combined automation expertise for industrial winding processes. Under the motto “Combining Automation. Maximizing Flow”, the two companies will demonstrate how automated package handling and robot-assisted yarn knotting can be integrated into a continuous production flow.

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.

DIENES at Techtextil 2026: Flexible pilot lines for bio-based fiber development

The growing relevance of bio-based materials in technical textiles is accompanied by increasing demands for reproducibility, high-quality data, and scalable process routes. Especially when working with cellulose and its derivatives, chitosan, lignin-based approaches, or bio-based PAN as a carbon-fiber precursor, R&D teams face variable feedstock quality, tighter process windows, and the need for reliable comparability across trials. This calls for flexible, data-driven experimental setups that can be reconfigured efficiently when recipes, solvents, and raw-material batches change.

UNIFI celebrates recycled and circular Innovation with ninth annual REPREVE® Champions of Sustainability Awards

Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced the winners of its ninth annual REPREVE Champions of Sustainability Awards, recognizing brands and mills that are advancing circularity and responsible manufacturing across the global textile industry.

Teijin Frontier announces new Stretch Polyester yarn offering exceptional compatibility with high-performance Polyester materials

Teijin Frontier Co., Ltd. announced today that it has developed a new stretch polyester yarn that offers new opportunities to create comfortable, all- polyester fabrics for sports and outdoor wear. The new polyester yarn demonstrates exceptional compatibility with high-performance polyester materials. Further, Teijin Frontier’s proprietary polymer design and spinning technology impart excellent elasticity to the new yarn. In turn, this yarn adds stretchability and recovery to the advanced functionality and excellent texture of high-performance polyester materials.

Lenzing commissions 14 MW power‑to‑heat facility, strengthening grid stability and heat management

The Lenzing Group has successfully commissioned a new power‑to‑heat (P2H) facility with an electrical capacity of 14 megawatts. The installation converts renewable electricity directly into process heat, is fully integrated into the existing heat network at the industrial site, and represents a key building block for a fossil‑free heat supply. As project partner, VERBUND was responsible for the energy‑market integration and will operate the facility for balancing energy marketing, enabling it to respond flexibly to short‑term fluctuations in the power grid.

Kraig Biocraft reaches next step in production growth

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced that it has produced more than 1.3 metric tons of recombinant spider silk cocoons in a single month. This is a new world record and shatters the Company’s previous production record by a factor of five. Today marks a pivotal step forward in the transition of spider silk from laboratory innovation to an industrial-scale material platform.