#Spinning

2021-05-20

Rieter updates outlook for first half year 2021

In the month of April 2021, Rieter received orders of around CHF 300 million. The order intake in April was broadly based internationally with the main focus on Turkey, Uzbekistan and India.

Order intake of around CHF 300 million received in the month of April 2021

Order intake in the first half of 2021 expected to be around CHF 800 million

Start of implementation of the Rieter CAMPUS project in Winterthur

In addition to the regional development of the market, Rieter also attributes the business performance to a catch-up effect due to the low propensity to invest in 2019/2020.

As a result, Rieter expects an order intake of around CHF 800 million in the first half of 2021.

As already announced, Rieter anticipates that sales in the first half of 2021 will be below the break-even point. Rieter expects an operating profit for the full year 2021. On July 15, 2021 Rieter will give an updated outlook for 2021 in connection with the semi-annual results, taking into consideration the ongoing challenges resulting from the COVID-19 pandemic.

The Rieter Board of Directors has approved the implementation of the CAMPUS project. The Rieter CAMPUS comprises a customer and technology center as well as an administration building at the Winterthur location. It will make an important contribution to the implementation of the innovation strategy and to the enhancement of Rieter’s technology leadership position.

Rieter advances strategic repositioning amid market volatility

Rieter successfully completed the acquisition of Barmag on February 2, 2026, and reached an important milestone in the company’s repositioning. Barmag will be integrated into the Rieter Group as the “Man-Made Fiber” Division. With this strategically transformative acquisition, Rieter is expanding its core business beyond the short-staple fiber business in a targeted way. This positions Rieter as the global market leader along the entire value chain for natural and man-made fibers. In addition, as a complete systems supplier, Rieter is further strengthening its technological leadership in the areas of automation and digitization.

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

Rieter adjusts group structure in preparation for Barmag integration

The planned acquisition of the “Barmag” Division of OC Oerlikon will create the leading system provider worldwide for natural and man-made fibers. Rieter is confident it will receive all regulatory approvals to complete the acquisition in the fourth quarter of 2025. The Rieter Group is therefore adjusting its Group structure as of January 1, 2026, to take this acquisition into account and to be able to provide an even more agile response to market challenges.

Measure and control the fiber – optimize yarn quality

Producing consistent yarn quality is an everyday challenge – and a very difficult one. Detailed knowledge and understanding of the fiber raw material is absolutely critical to achieving the best possible quality in the yarn. To help spinners, Uster experts have put together guidelines for avoiding yarn irregularity claims, in a special edition of the Uster News Bulletin.

The hub of smart and sustainable transformation in yarn technologies: ITM 2026

With global fiber production projected to reach 169 million tons by 2030, yarn manufacturing is becoming one of the most strategic fields within the textile machinery industry. Located in Halls 6, 7, and 10, the Yarn Hall at ITM 2026 is set to bring together industry professionals with innovative solutions developed around automation, energy efficiency, digitalization, and circular production.

Selenis to double capacity in Portugal by Q3 2027 - Accelerating the Global transition to circular and low-carbon polyesters

Selenis, a global leader in high-performance specialty polyesters and part of the IMG Group, has announced a transformational expansion of its industrial headquarters in Portalegre, Portugal. This strategic investment is set to double the site’s production capacity by the third quarter of 2027, significantly accelerating the industrial scale-up of bio-based, medical-grade, and circular co-polyesters.

Independent testing confirms no detectable PFAS in Milliken firefighter turnout gear fabrics

Independent laboratory testing has confirmed that Milliken fabrics used in the manufacturing of firefighter turnout gear contain no detectable PFAS, based on third-party analysis conducted by Forever Analytical, an independent laboratory specializing in screening products and environmental samples for the presence of per- and polyfluoroalkyl substances (PFAS).

Intertextile Shanghai Home Textiles returns in August as global sourcing hub and trend barometer for home textiles industry

Following the conclusion of Heimtextil last month, the flagship fair in Messe Frankfurt’s global home and contract textiles portfolio, Intertextile Shanghai Home Textiles – Autumn Edition will return 18 – 20 August 2026 at the National Exhibition and Convention Center (Shanghai). Building on the momentum generated in Frankfurt, the Shanghai fair will reinforce its position as the foremost home and contract textile platform in Asia – successfully bridging the gap between East and West, and connecting global product trends, supply-chain shifts, and buyer demand in one marketplace.

Express Print boosts production using an expanded fleet of Mimaki technologies

Express Print, a fast-growing Bulgarian provider of visual communication and soft signage solutions, has significantly enhanced its production workflow with a comprehensive portfolio of Mimaki digital printing systems. Based in Varna and active for more than 10 years, the company maintains a strong focus on the advertising sector. Over the years, it has steadily expanded its operations, driven by a clear vision to bring the full spectrum of large-format printing services in-house, avoiding outsourcing and ensuring complete control over production quality.