Manmade Fibers Segment
Pfäffikon Schwyz, Switzerland – December 14, 2015 – 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.
Disclaimer
OC Oerlikon Corporation AG, Pfäffikon together with its affiliates, hereinafter referred to as “Oerlikon”, has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the truth, accuracy or completeness of the information provided in this document. Neither Oerlikon nor any of its directors, officers, employees or advisors, nor any other person connected or otherwise associated with Oerlikon, shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this document.
The contents of this document, including all statements made therein, are based on estimates, assumptions and other information currently available to the management of Oerlikon. This document contains certain statements related to the future business and financial performance or future events involving Oerlikon that may constitute forward-looking statements. The forward-looking statements contained herein could be substantially impacted by risks, influences and other factors, many of which are not foreseeable at present and/or are beyond Oerlikon’s control, so that the actual results, including Oerlikon’s financial results and operational results, may vary materially from and differ from those, expressly or implicitly, provided in the forward-looking statements, be they anticipated, expected or projected. Oerlikon does not give any assurance, representation or warranty, expressed or implied, that such forward-looking statements will be realized. Oerlikon is under no obligation to, and explicitly disclaims any obligation to, update or otherwise review its forward-looking statements, whether as a result of new information, future events or otherwise.
This document, including any and all information contained therein, is not intended as, and may not be construed as, an offer or solicitation by Oerlikon for the purchase or disposal of, trading or any transaction in any Oerlikon securities. Investors must not rely on this information for investment decisions and are solely responsible for forming their own investment decisions.
