#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 appoints Daniel Lippuner as new CEO as Thomas Oetterli steps down

Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand over the Chairmanship of the Board of Directors. “After the successful implementation of the Next Level performance program, the structural measures initiated to consolidate the sites and the acquisition of Barmag, the time has come to hand over responsibility to new hands,” explains Thomas Oetterli.

Rieter and partners launch Recycling Powerhouse for industrial-scale textile recycling

Recycling Powerhouse Ltd. was established in July 2026 to industrialize, standardize and scale textile recycling. Based in Switzerland, the venture will operate a franchise-driven business model that enables the production of high-quality, certified recycled yarns. The project is supported by the following partners: Rieter Group, the world’s leading system supplier for natural and man-made fibers, Säntis Textiles, a Swiss textile engineering company, and Valvan, a Belgian sorting technology company. The first blueprint franchise operation is scheduled to launch early 2027 in partnership with Suhail Industrial Holding Group in Qatar.

Savio presents intelligent winding and air-jet spinning technologies at ITMA Asia 2026

At ITMA Asia Shanghai 2026, Savio will showcase its latest developments in winding and spinning technology, focusing on artificial intelligence, automation and digital integration. The spotlight will be on two machines: the Proxima Smartconer®, Savio’s next-generation winding platform, and the Lybra Smartspinner®, an air-jet spinning solution designed for flexible yarn production and a wide range of textile applications.

Trützschler to showcase innovations in spinning preparation and nonwovens at ITMA Asia 2026

From November 20 to 24, 2026, the Trützschler Group will present its latest fiber processing technologies at ITMA Asia in Shanghai, China. At Hall 5.1, Booth D20, the company will showcase solutions designed to increase productivity, simplify operations and improve efficiency across spinning preparation and nonwoven production. Key highlights include the automated can transport system T-CAN, the next-generation card TC 30, innovative card clothing solutions such as STEELTOP and SUPERFLOW, as well as advanced nonwoven technologies for hygiene, wipes and filtration applications.

Vandewiele to showcase weaving innovations and automation solutions at ITMA Asia 2026

At ITMA ASIA + CITME 2026, taking place from November 20 to 24 in Shanghai, Vandewiele will present a broad range of technologies for weaving, carpet manufacturing, tufting, yarn processing and automation. The company's innovations focus on increasing productivity, improving process efficiency, reducing resource consumption and providing greater flexibility in textile manufacturing. Visitors can explore the latest developments at Booth D01 in Hall 3 of the National Exhibition and Convention Center (NECC).

KARL MAYER expands TM WEFT capabilities for fashion fabrics at ITMA ASIA 2026

A new E 36 gauge, an EL pattern drive and improved yarn tension regulation extend the application possibilities of KARL MAYER's TM WEFT warp knitting machine. At ITMA ASIA 2026, the company will demonstrate the developments alongside a collection of woven-like warp knitted fabrics for fashion and apparel.

Textiles Recycling Expo USA 2027 opens registration and expands with manufacturing exhibition

The second edition of Textiles Recycling Expo USA will take place on 7–8 April 2027 in Charlotte, North Carolina. Following a debut that attracted more than 1,800 visitors and 95 exhibitors, the event will expand its exhibition and conference programme and will be held alongside the new Textiles Manufacturing Expo.