22.11.2011 Oerlikon Textile simplifies Organization and moves Management to Shanghai

Pfäffikon SZ, Switzerland, 22 November 2011 – The Oerlikon Group will simplify its Textile Segment to further increase competitiveness and profitability. In line with the new organizational structure, Clement Woon, an internationally experienced executive will succeed Thomas Babacan as Segment CEO on 1 January 2012. Oerlikon’s CEO, Dr. Michael Buscher, said: “We have seen strong improvement in our Textile business, resulting in record margins. With the announcement today we are positioning the Segment even closer to our largest customers, consistent with our strategy to further increase efficiency and profitability. I would like to thank Thomas Babacan for his dedication to Oerlikon and welcome Clement Woon to the company.”
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22.09.2011 Oerlikon Textile launches 7 new machines at ITMA 2011

Pfäffikon SZ, Switzerland/Barcelona, Spain, September 22, 2011 - Today, Oerlikon Textile is presenting a suite of groundbreaking innovations at the world's largest textile trade fair, the International Exhibition of Textile Machinery (ITMA), thereof seven completely new developed textile machines. These innovations address the need for greater efficiency, flexibility and quality with reduced energy consumption.
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08.08.2011 Strategic Portfolio Streamlining in Oerlikon Textile Segment

Pfäffikon/Remscheid/Neumünster, 8.8.2011 – Oerlikon Neumag will in the future focus on its main business activities like BCF, Staple Fiber and selected Nonwoven Equipment. On August 5, 2011 Oerlikon Neumag signed all necessary documents to sell its Carding business (retroactive with effect from April 1, 2011) to the Zhengzhou Hi-Tech Non-woven Technology Co., Ltd, China, a subsidiary company of the Chinese Hi-Tech Group Corporation (formerly China Hengtian Group Co., Ltd.)., one of the leading textile technology groups in China.
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12.01.2011 Allma CC4, the energy-saving miracle at Tire Technology Expo 2011

Kempten, 12 January 2011 – The very latest generation of the globally successful Allma CableCorder family has arrived. The Allma CC4 is targeted to customers' requirements for today and tomorrow, and sets benchmarks with regard to energy saving and quality.
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