Van de Wiele to Acquire Cobble

It has been announced that the Belgian textile equipment manufacturer, Van de Wiele, is buying Cobble from Spencer Wright Industries, as per WRCB TV.

Michel Van de Wiele NV of Marke, Belgium, agreed to acquire the assets of the worldwide Cobble organization from Spencer Wright.

The merger of the textile equipment makers announced at the beginning of June 2013 will unite two of the most historic and famous names in textile manufacturing technology — Van de Wiele and Cobble.

Cobble, formerly owned by the Singer sewing machine company, was bought in 1976 by Spencer Wright who build the textile equipment company into a global maker of Colortec technology and Crabtree weaving machinery.

"The Wright family, shareholders, directors and officers of Spencer Wright Industries Inc. are delighted to honor the wishes of the late Spencer Wright in securing the best possible outcome for the Cobble Group companies and products, thus creating a bright future for its worldwide family of employees under the stewardship of its new owners," the company said in a statement released on May 28, 2013.

Source: WECBtv.com

The Sustainability of the Italian Textile Machinery Obtains Certification at ITMA Asia 2012

Italian textile machinery manufacturers will place productive sustainability and efficiency at the center of their production ranges. In fact, sustainability and energy efficiency are issues that, even in the textile industries of Asian countries such as China and India, will represent a discriminating factor in the near future in order to have a competitive advantage over international competitors.


Already during the last edition of ITMA ASIA two years ago, ACIMIT, the Association of Textile Machinery Manufacturers, had launched the “Sustainable technologies” project, later followed by the Acimit green label, a document which serves to identify textile machinery energy and environmental performance as to make them more easily comprehensible.


In particular, the parameter selected to provide an ecological efficiency value of the machinery being labelled is the quantity of equivalent carbon dioxide emissions (Carbon Footprint - CFP) produced during operation of the machinery.


At ITMA ASIA 2012 the green label certification was presented. In fact, in recent months ACIMIT had worked with an international certification body, RINA, defining the rules which would guarantee control of the values declared on the green label. The companies participating in this initiative are required to follow an implementation regulation and an operating instruction on measuring the energy/environmental performance parameters. Both the implementation regulation and the operating instruction on measurements were validated by RINA.


Of the 34 companies which participate in the project, 6 passed the RINA inspection audit this year in May: FLAINOX, ITEMA, JAEGGLI, REGGIANI, SANTONI and TONELLO.


“In the industrial machinery sector, explained Sandro Salmoiraghi, ACIMIT President, there are other brands which claim to attribute the sustainability license to those who wear their badge. In all actuality, continues Salmoiraghi, these are always brands which are self-referential and exclusively of a promotional nature. On the other hand, the ACIMIT president concludes, with the green label certification Italian companies are able to provide potential customers with performance information verified by an international certification body” .


In addition to the 34 companies which already participate in the ACIMIT “Sustainable technologies” project, other Italian exhibitors at ITMA ASIA were also prepared to demonstrate the progress made by their technology concerning cost reduction and production resource savings to the visitors of the most important show in the sector in Asia.


115 Italian textile machinery manufacturers were present in Shanghai, exhibiting on a floor space of about 4,700 square meters. The fact that Italian companies were present in all the pavilions at the show attests to the wide and complete Made in Italy technological range.


Source: www.acimit.it

GIA Releases Global Report on Textile Machinery Market

This week Global Industry Analysts, Inc. (GIA) has announced the release of a global report on the World Textile Machinery market.

According to the report the global market for textile machinery is projected to reach close to US$23 billion by 2017. The main drivers for this growth of the textile machinery market include the improving economic environment in this market, increasing demand for non-woven textile products, plus the growing demand in the emerging markets, especially in the Asian region.

This report states clearly that the market is now experiencing a shift from conventional machinery requiring manual labour to more sophisticated machinery. Final ownership costs, flexibility and versatility comprise the determining factors for new equipment purchases. In addition, the market is now facing the emergence of more technologically advanced machines at highly competitive prices owing to the introduction and adoption of new technologies in the industry.

After the toughest decrease in 2008 because of the economic downturn, which had a negative impact throughout the textile industry, the main exporters of textile equipment like Japan, Italy, Germany, China and Switzerland, who saw dramatic decreases in sales, have been reporting on better results ever since 2010. Still, the economic issues in the European Union were not stimulating sales in the internal markets. So the local textile machine manufacturers were and are seeking to export in foreign markets: Turkey, South-east Asia, China.

As stated in the newly released report, the Asian region represents the largest and the fastest growing regional market for textile machinery worldwide. Growth in the market is expected to be driven by the fabric machinery segment. The shift of operations from the US and Europe to the region is attributed as the main cause of the present-day booming market in the region. Still, as mentioned in the report, textile production will not be stopped completely in North America and Europe, where the local companies will stick to lean manufacturing tactics and techniques to stay competitive.

The Textile Machinery Report is available (for a fee) at the GIA site.

An Expo on Textile Machinery, Spares, Accessories from March 2

On March 2, 2012 the new edition of Texfair Expo will kick off at the CODISSIA Trade Fair Complex, in Coimbatore, India. The four-day international event will focus on Textile Machinery, Accessories, Spares and Logistics.

“The seventh edition of TEXFAIR-2012 will be an ideal platform for textile mills to zero in their requirements, meet all suppliers under one roof, prudently plan investments, cut costs and improve quality of their products," Rajkumar, Chairman, Organizing committee, told reporters earlier this week.  

With almost four million spindles being added every year in India, the fair would also give an opportunity for textile mills to plan their ongoing and future investment as leading manufacturers and suppliers will exhibit at the expo. 150 exhibitors from India, besides China, Germany and Japan, would display their product. Stating that textile mills on an average spend 2.5 to three per cent of their annual turnover on spares and accessories, Rajkumar said they also plough back four to six per cent of their annual turnover on modernisation.

A textile product show for yarn manufacturers and end users has also been organized, in which 20 leading textile mills would showcase their yarn, fabric, made-ups and garments aimed at bringing the yarn manufacturers and end users - handloom and power loom weavers to source quality yarn, he said. With an anticipated 50,000 visitors, the show is expected to generate a business worth Rs 150 crore to Rs 200 crore, he added.

Source: http://ibnlive.in.com

More details about the expo can be found here:
http://www.biztradeshows.com/trade-events/texfair-expo-coimbatore.htm

China: Sales of Textile Machinery is on the Rise

In China in the first three quarters of 2011, the sales of textile machinery and equipment amounted to CNY 29.95 billion, up 10.44% year-on-year. The textile machinery realized a total profit of CNY 1.5 billion, down 0.37%. The pre-tax profit stood at CNY 2.69 billion, up 6.26%. The per-capita profit dropped moderately by 2.73% compared to the same period of 2010.

The setbacks encountered during the operation of textile economy, especially textile trade disputes and tariff barrier, have exerted negative effects on investors´ confidence. As a result, both production and sales of textile machinery had declined. As trade disputes being solved and export refund policy adjusted (export refund bore by local government reduced to 7.5% from the previous 25%), textile export recovered and investor regained confidence in buying new machines. The sales began to pick up again in the second half of the year.

Although the shortage of coal and power has relieved and steel price began to drop back, the textile machinery sector was still haunted by price hiking of coal, power, oil and transportation. In the first three quarters of 2011, the power price rose 15%. Under strong competition on market, these costs are hardly offset by increasing selling prices. Therefore, the economic benefits of the sector grew slowly. In the January-September period, the sector produced a profit of CNY 1.5 billion, dropped slightly by 0.37% compared to same period of 2010, with a profit rate of only 4.66%.

The textile machinery sector is highly concentrated in Jiangsu, Zhejiang, Shandong provinces as well as Beijing and Shanghai, which cover 80.73% of total sales. China Textile Machinery Group Corporation earned a sales revenue of CNY 4.83 billion, covering 18.96% of the total, ranking the second place.

Source: China Textile Leader | yarnsandfibers.com

Textile Equipment Manufacturers Exploring the Booming Chinese Market

There is no mistaking in saying that textile equipment manufacturers flock in China in an attempt to sell their products to Chinese companies. Back in 2011, more than 1,300 textile equipment manufacturers from around the world attended the 2011 CISMA expo held in Shanghai.

During the 2011 edition of the trade show, a local expert mentioned that China's textile companies are focusing on technological upgrades, which has opened up an expanding market for textile equipment.
Another proof to these words was a separate pavilion occupied by German textile equipment companies! Ewlgar Straub, president of the German Engineering Federation, said: “China is our most important export destination, as its textile industry is in a leading position. Guenter Veit, vice president of the German Federation, added: "We hope our high-quality and high-tech equipment will help our Chinese customers to produce the best industrial textiles”.

The potential value of China's industrial textile market is expected to reach 1 trillion yuan (156.74 billion U.S. dollars) in the coming years, according to the China National Textile Industry Council.

The industrial textile market has posted an annual growth of more than 18 percent over the last two years. In 2009, output of domestic industrial textile products totaled 7.23 million metric tons, valued at about 240 billion yuan.

Source: xinhuanet.com