Wanjie Orders PSF Spinning Plant From Oerlikon Neumag

Wanjie Group Co. Ltd., China, has placed a major order with Oerlikon Neumag, Germany, for a
complete polyester staple fiber (PSF) spinning plant. Oerlikon Neumag will provide engineering
services in addition to machinery. The plant will be built in Shandong Province at the end of 2011,
and production is expected to begin by mid-2012. According to Oerlikon Neumag, Wanjie Group holds
the largest market share of staple fiber production for textile applications in Shandong Province.

“The Chinese market is highly competitive especially for us as plant manufacturers,” said
Georg Stausberg, head of Oerlikon Neumag.

March/April 2011