OREANDA-NEWS. Based on latest technologies presented at ITMA in Milan, Oerlikon’s Manmade Fibers Segment received a number of large orders totaling more than CHF 50 million for their Oerlikon Neumag staple fiber plant engineering technologies.

The orders were placed by key customers in Europe and Asia, outside China, for the production of staple fibers. These plant solutions will be delivered to customers over the next two years. The signing of the orders took place after ITMA, the largest textile industry trade fair, which was held in November in Milan, Italy, where Oerlikon presented its latest technologies, including those for staple fiber production.

Dr. Brice Koch, CEO of the Oerlikon Group: “We are pleased that key customers continue to place their trust in our technologies and have selected our latest Neumag solution to expand their staple fiber production. We will continue to develop competitive technologies in order to create more value for our customers, including those in growth markets.”

“The orders once again confirmed our position as a leader in staple fiber production technologies, and the value that our customers see in our innovations and technologies,” commented Georg Stausberg, CEO of the Oerlikon Manmade Fibers Segment.

Oerlikon Neumag offers an extensive portfolio of technologies for the production of synthetic staple fibers. It delivers both one-step and two-step technology solutions, which enable customers to produce a flexible range between 5 and 300 tons of polypropylene, polyester, recycled polyester, polyamide, and other similar materials per day. The Oerlikon Manmade Fibers Segment’s technologies are also highly customizable, enabling the Segment to cater to individual customers’ requirements.

About Oerlikon

Oerlikon (SIX: OERL) is a leading global technology Group, focusing on providing market-leading technologies and services for surface solutions, manmade fibers manufacturing, drive systems and vacuum pumps and components in growth markets. These cutting-edge technologies benefit customers by improving their product performance, productivity, efficient use of energy and resources, and also by contributing to a more sustainable environment. A Swiss company with over 100 years of tradition, Oerlikon has a global footprint of over 15 500 employees at more than 200 locations in 36 countries and sales of CHF 3.2 billion in 2014. The company invested CHF 121 million in R&D in 2014 and has over 1 300 specialists developing innovative and customer-oriented products and services.