Oerlikon
Oerlikon Neumag 
Oerlikon Neumag
In 2017 the Manmade Fibers Segment of technology group Oerlikon Management AG, Pfäffikon/Switzerland, saw a significant and positive turnaround in market demand after 2 years of challenging conditions. Sales increased significantly by 54 % to CHF 740 million. EBIT for the Segment stood at CHF 34 million compared to negative EBIT in 2016 with CHF -3 million. Order intake for the Manmade Fibers Segment increased by 40.4 % to CHF 810 million compared to 2016.
The growth was mainly driven by a few key players in the China man-made fiber industry, but at the same time larger projects in Turkey and India could be secured as well. With its leading market position, among others, for pre-oriented and full-drawn (POY & FDY) filament equipment, the Segment was able to capture a healthy share of market opportunities.
In addition to recovery in the filament equipment market in 2017, the Segment’s growth was complemented by a notable increase in global demand for staple fibers machinery and in texturing, including the delivery of its first DTY machines to a key customer in China. Good demand for bulked continuous filament (BCF) plant solutions for the production of carpet yarns was also seen in the USA and Turkey.