Switzerland-based Oerlikon’s Manmade Fibers Segment reports it received orders for Oerlikon Neumag staple-fiber plan engineering technologies totaling more than 50 million Swiss francs ($49.7 million) following ITMA 2015 in Milan. Orders came from Europe, and Asia outside of China. The orders will be fulfilled over the next two years.
“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,” said Dr. Brice Koch, CEO, Oerlikon Group. “We will continue to develop competitive technologies in order to create more value for our customers, including those in growth markets.”