Textile machinery sector faces economic context
Following several quarters of sustained recovery compared to the minimum levels recorded during the two-year period from 2008-09, Italy’s textile machinery industry has seen a slowdown in new orders.
This downturn, already apparent in the year’s second quarter, was stressed during the summer period from July to September, as illustrated by the economic survey conducted by Association of Italian Textile Machinery Manufacturers – ACIMIT’s research department.
The overall index of orders for the year’s third quarter shows a 45% decrease compared to the previous period, stopping at a value of 70.8 points. The greatest drop was recorded for exports, where the index registered 75.3 points (-46%). On the domestic market, orders fell by 39%, for a value of 60.4 points.
The economic context will remain uncertain over the coming months. Economic growth at a global level is slackening off, and this is also occurring in emerging markets with a greater demand for textile machinery. For both the domestic and export markets, the majority of manufacturers estimate that the fourth quarter of 2011 will, on the whole, bring in a stable flow of orders, compared to the three previous months.
However, regarding export markets, and in spite of the positive signs at the recent ITMA trade fair, the percentage of companies forecasting increased orders is greater than those which foresee increases in the domestic market (34% compared to 13%)…Read More….!!!
ITMA – a great success for Shima Seiki
Despite having fewer exhibitors and a fewer number of visitors than the previous show in Münich four years ago, the 2011 edition of the International Exhibition of Textile Machinery (ITMA 2011) in Barcelona ended with results that far exceeded expectations for Shima Seiki.
Considering the current global economy and the fact that an overwhelming majority of textile production is located in China, the venue location of Barcelona, Spain did not offer consolation for concerns initially raised regarding cost-effectiveness of exhibiting at ITMA.
Despite these seemingly unfavorable conditions, Shima Seiki, having strong interests remaining in Europe including Spain and other markets outside of East Asia, elected to exhibit, not to cater to any specific market, but to pay homage to the traditions of ITMA as a showcase for new technology.
With “Solutions for Diversity” as its exhibit theme, Shima Seiki presented a range of products that reflected the dichotomy of the flat knitting machine market. Anticipating the ITMA visitor profile to include both high-volume export-oriented factories as well as manufacturers catering to local consumer markets, Shima exhibited a balanced cross-section of its entire lineup in both shaping and WHOLEGARMENT applications….Read More…!!
Excelle Isoweb TT & ACS Profile face excellent welcome at ITMA
The affluence of customers was huge, even with more customers enhancing active projects.
Many visitors came from India, Pakistan, Middle-East, Gulf countries, North and Latin Americas. The attendance from Europe and Asia was as expected, with a limited number of Chinese customers present at the event.
Several businesses have been concluded during ITMA, names are not available for the moment.
Asselin-Thibeau faced an excellent welcome for the Excelle Isoweb TT card as well as for the ACS Profile crosslappers and the new SDV-2 needleloom for velour applications.
Excelle Isoweb TT card is the inline card solution to obtain 3/1 MD/CD strength ratio on final product, even at high speeds over 250 m/min. Such performance at such speed is really unique and this is why the Isoweb TT technology can be considered as a Revolution…..Read More….
