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#Spinning

Oerlikon successfully placed CHF 340 million dual-tranche senior unsecured bonds

OC Oerlikon Corporation AG, Pfäffikon ("Oerlikon") announces the successful placement of two series of senior unsecured bonds: CHF 220 million due in June 2026 and CHF 120 million due in October 2029 (together, the "Bonds"). These bonds are to repay outstanding debt and ensure a continued strong financial foundation following the acquisition of Riri.

The coupons have been set at 2.875% per annum for the bonds due 2026 and 3.25% per annum for the bonds due 2029. The coupons for both tranches are payable annually, with the first coupon payable in June 2024 and October 2023 respectively.

An application for the Bonds to be admitted for listing and trading on the SIX Swiss Exchange will be filed, with provisional trading expected to commence on or around May 31, 2023. Settlement date of the Bonds is expected on June 02, 2023.




Commerzbank, Credit Suisse, Bank J. Safra Sarasin, UBS Investment Bank and Zürcher Kantonalbank acted as the Joint Lead Managers and Bookrunners on the offering.



More News from Barmag GmbH & Co. KG

#Nonwovens / Technical Textiles

Crimper repair workshop begins operations

Since the beginning of the year, Oerlikon Textile Inc. has been offering a crimper repair service, making it the company's first location worldwide to do so. The workshop in Charlotte specializes primarily in Fleissner and Neumag crimpers.

#Spinning

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.

#Spinning

Industrial yarn producer sees growth potential in tire cord sector

The Chinese Junma Group has expanded its HMLS capacities by 20 positions, hence becoming one of the largest tire cord manufacturers in China. At present, the company has 64 positions of HMLS systems, all of which are from Oerlikon Barmag.

#Spinning

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.

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#Spinning

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.

#Spinning

New spinning package with two-step filtration for recycled yarns and more

At the ITM in Istanbul, BB Engineering unveiled its new, patented ValuePack spinning package for the first time, which features a two-stage filtration system. This is particularly beneficial for re-cycling processes. Until now, spinning packs have used either metal powder (“sand”) or filter candles as filter media. Both options are suitable for differ-ent applications, and each has its own specific advantages and dis-advantages.

#Research & Development

GenuTrace client advisory: Is your cotton supply chain UFLPA ready?

U.S. Customs and Border Protection has released updated operational guidance (CBP Publication No. 5560-0526) expanding its forced labor enforcement framework. The guidance supersedes the original 2022 UFLPA Operational Guidance and now covers all forced labor enforcement authorities — UFLPA, CAATSA, and WROs/Findings — in a single unified document. For cotton importers, the enforcement posture has not softened. It has become more structured, more documented, and more demanding. Learn more about UFLPA.

Latest News

#Digital Printing

USColorworks expands digital platform with Kornit Atlas MATRIX and Atlas MAX PLUS solutions

Kornit Digital Ltd. (NASDAQ: KRNT), a global pioneer in sustainable, on-demand digital fashion and textile production, today announced that USColorworks, a North Carolina-based apparel decoration and fulfillment company specializing in custom and on-demand printing for retail and promotional markets, has expanded its Kornit digital production platform with the addition of Atlas MATRIX and Atlas MAX PLUS systems to deliver high-quality, on-demand apparel across cotton, blended fabrics and polyester.

#Functional Fabrics

CovationBio introduces two new bio-based innovations at Functional Fabric Fair New York

Covation Biomaterials LLC (“CovationBio®”) is showcasing its two new bio-based innovations, Xatryx® and Sorona® elasterell-p fiber, at this year’s Functional Fabric Fair in New York City, July 7–9, 2026. Attendees can visit CovationBio at Booth #404 to explore this next generation of bio-based performance materials.

#Research & Development

Geotextiles made from recycled materials: GREEN leads the way into the industry

For the industry, recycled materials are creating new opportunities in geotextile production. In the GREEN project, the Fraunhofer Cluster of Excellence Circular Plastics Economy CCPE demonstrates that recycled polypro-pylene (PP), polyethylene terephthalate (PET), and high-density polyeth-ylene (HDPE) can be processed into nonwovens, fibers, and membranes that meet industrial requirements. This creates opportunities for use in existing production lines and new value chains in the geotextile market.

#Nonwoven machines

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

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