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#Spinning

Picanol Group acquires minority stake in Rieter Holding AG

© 2021 Picanol
Picanol Group has today acquired a minority stake in Rieter Holding AG (SWX: RIEN), amounting to a total of 467,236 shares for a price of 45.4 million EUR (or a price per share of 107.5 CHF). Rieter is the world’s leading supplier of systems for short-staple fiber spinning.

The company develops and manufactures machinery, systems and components used to convert natural and man-made fibers into yarns. As a result of the transaction, Picanol Group is now holding 10% of the share capital of Rieter Holding AG. 


With the financial participation in Rieter Holding AG, Picanol Group wants to further diversify its activities in the textile industry and secure a stable shareholding for Rieter Holding A Gin the long term.


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#ITMA Asia + CITME Singapore 2025

Picanol to exhibit latest weaving technology at ITMA ASIA + CITME, Singapore 2025

At ITMA ASIA + CITME 2025, Picanol (Hall 2 – Booth C204) will unveil the next-generation OmniPlus-i Connect airjet weaving machine, setting a new benchmark in airjet weaving technology. This latest evolution of Picanol’s trusted platform demonstrates how the company continues to deliver innovative, performance-driven solutions that meet the evolving challenges of modern weaving mills.

#ITMA Asia + CITME 2024

Picanol’s will unveil the Supermax, its new rapier weaving machine, at ITMA Asia + CITME 2024

ITMA ASIA + CITME 2024 represents an excellent opportunity for Picanol to once again demonstrate its technological leadership in both airjet and rapier weaving machines. Visitors to the event will experience Picanol’s world premiere of its brand-new Supermax rapier weaving machine. In total, Picanol will have four different high-tech weaving machines as well as its PicConnect digital platform on display.

#Weaving

Picanol opens its new training and service center in Tashkent (Uzbekistan)

Last week, Picanol inaugurated a new training and service center in Tashkent (Uzbekistan), in collaboration with its Uzbek agent, Baror Group. This state-of-the-art facility is strategically located to serve Picanol’s Central Asian customers more effectively. The opening ceremony was organized during CAITME 2024, which is the largest textile machinery exhibition in Central Asia, and it provided the ideal platform to showcase the new center to many industry professionals and customers from Uzbekistan, India, Pakistan, and Tajikistan, among other countries.

#ITM 2024

PICANOL to showcase the all-new ULTIMAX rapier weaving machine for the first time in Türkiye at ITM 2024

The ITM 2024 exhibition takes place at the TÜYAP Fair Convention & Congress Center in Istanbul from June 4 - 8, 2024. At this important event, the Ultimax will be presented for the very first time in Türkiye at the Picanol booth (Hall 8, Booth 802). Furthermore, there will also be an OmniPlus-i Connect airjet weaving machine on display and the novelties of the digital platform PicConnect will be highlighted.

More News on Spinning

#Techtextil 2026

RETECH showcases high-precision godets for high-performance fiber processing at Techtextil 2026

RETECH designs and manufactures godets and draw frames for heated, ambient and cooled processes, enabling precise heat treatment and consistently high yarn quality for a wide range of polymers and applications, with process temperatures of up to 400 °C for high-performance fibers. The company’s key competence lies in exact and stable temperature and speed control, individually adapted to the specific material and process requirements.

#Spinning

Barmag presents the next generation of POY production – energy-efficient and partial-automated

With POY 2.0, Barmag is introducing a completely redesigned spinning concept that takes the production of partially oriented yarn (POY) to a new level in terms of technology and economy. The solution, which was presented to a selected audience of experts for the first time at ITMA Asia + CITME 2025, was met with great enthusiasm: several yarn producers worldwide immediately expressed their interest in a pilot plant.

#Spinning

Development of bio-based polyethylene fibers for textile applications – BB Engineering partici-pates in the bioPEtex research project

In the German research project bioPEtex, BB Engineering (BBE) is working with other partners to develop textiles made from 100% bio-based polyethylene (PE). The aim is to make use of this poly-mer, which has hardly been used in the chemical fiber industry to date. BBE is contributing its spinning and texturizing expertise and developing the texturing process on an industrial scale. The first promising results are already available – opening up new opportu-nities for sustainable and economically attractive applications in the textile industry.

#Techtextil 2026

Saurer sets new standards at Techtextil 2026

When the international textile industry gathers at Techtextil in Frankfurt from April 21 to 24, Saurer is going to present a powerful solution for the growing demands in the field of technical yarns with the TechnoCorder TC2plus.

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#Raw Materials

A Powerful Opening: Global thought leaders launch the International Cotton Conference Bremen

The International Cotton Conference Bremen will open on 25 March 2026 in the Parliament building of the Free Hanseatic City of Bremen with a keynote session of exceptional calibre. Distinguished international experts will set the stage for the conference by offering incisive perspectives on the most pressing challenges and the defining trends shaping the future of the global cotton trade. Their insights will span a broad spectrum — from geopolitically driven disruptions affecting global supply chains to the opportunities emerging from innovation-led agriculture capable of supporting a growing world population. Together, these opening keynotes will frame the dialogue of the conference, highlighting both the complexity of today’s market environment and the pathways toward a resilient and forward-looking cotton sector.

#Techtextil 2026

Where performance becomes product strategy: Techtextil 2026 puts functional apparel in the spotlight

The demand for high-performance textile solutions for the apparel industry increases – and with it the sector’s innovative strength. Techtextil 2026 addresses these developments: The Performance Apparel Textiles area (Hall 9.0) presents around 130 exhibitors from 13 countries showcasing innovative materials for workwear, protective clothing, smart fashion, outdoor and sports. Global key players such as Concordia Textiles, Getzner, Kermel, Klopman International and YKK Europe are among the participants. The live show “Performance Apparels on Stage” brings forward-looking wearables on stage and demonstrates textile innovations where they matter most: in action.

#Denim

Jeanologia launches Billy

The new AI extracts precise laser designs from a garment image in minutes, transforming how vintage denim is recreated for production. If Jeanologia’s laser changed the way jeans were made at the end of the last century, its AI now takes the next step: moving from reproducing wear to designing it. / archive photo © 2026 Jeanologia

#INDEX 2026

EDANA unveils nominees for INDEX™26 Awards: Highlighting the next generation of nonwoven excellence

EDANA is proud to unveil the highly anticipated nominees for the INDEX™26 Awards, the nonwoven industry’s highest accolade for technical and sustainable excellence. Out of a record-breaking field of entries, these finalists represent the cutting edge of material science—from bio-based hygiene fibers and PFAS-free protective textiles to revolutionary water-filtration machinery. Each nominee has been selected by a jury of industry experts for their ability to solve critical global challenges, including the transition to a circular economy and the pursuit of enhanced consumer performance.

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