“Extremely sharp rise” in fibre demand drives gr - sportstextiles: Lea SportsTextiles

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“Extremely sharp rise” in fibre demand drives growth for Oerlikon

22/10/2010
The textile division of Swiss machinery manufacturer Oerlikon has reported a 112% increase in the value of orders in the first nine months of 2010 compared to the same period last year. It received orders worth around $1.7 billion.

Third-quarter orders were below those received in the previous quarter, but still remained at a high level compared to the previous year.

Oerlikon said growth was driven by the “extremely sharp rise” in demand for synthetic and natural fibres, particularly from China, India and Turkey. Some orders received extend well into 2012.

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