Partners rise through the ranks to market leadershipThanks to these contracts, which were later expanded, Barmag subsequently became the preferred partner for investment primarily in texturing machines and manmade fibre spinning plants on the Chinese mainland. Depending on the technology, the market share quickly reached 80 per cent. Soon half of the company's annual turnover was coming in on occasions via the Chinese market. And using the modern technology and know-how of Barmag and Neumag, the Chinese partner firms became leading machinery manufacturers in China. This development was underpinned by the establishment of joint ventures in Shanghai and Wuxi in 1995 and 1996.
China moved into the new millennium with annual growth rates of 20 percent and more to become the number one in the global textile market. In view of the country's growing strength, Barmag concentrated its resources increasingly in the People's Republic. Milestones here are the establishment of companies and plants in the Suzhou Industrial Park in 2002 and 2006 and the successive transfer of the production of texturing machines and engineering, research and development from Germany to China up to 2009. The opening of the new Asian headquarters in Shanghai in 2012 marked a further stage in the company's success story.
In 1964 and 1966, Barmag and Neumag, now business units in the Oerlikon Manmade Fibers segment, supplied the first machine technology to China. #
A real "local player" in China with 840 employees
Today Oerlikon Manmade Fibers employs around 840 people at plants in Beijing, Shanghai, Suzhou, Wuxi and Hong Kong and is thus a genuine "local player" in China. Oerlikon Barmag and Oerlikon Neumag lead their respective basic product markets. China is now the biggest market not just for the Manmade Fiber segment but for the entire Oerlikon Group, which achieves around 30 percent of its turnover there.
In 1964 and 1966, Barmag and Neumag, now business units in the Oerlikon Manmade Fibers segment, supplied the first machine technology to China. #
The growing importance of this relationship is based wholly on reciprocity. Countless high-level industry representatives from China have spoken repeatedly during the 50 years of partnership of the innovative machine technology and cooperative spirit that play a key role in advancing the Chinese textile industry. The higher standards relating to fibre and yarn quality, output and productivity, along with the cost reductions achieved thanks to energy efficiency and modern automation, have been instrumental in propelling China to the top of the global textile market and providing it with solutions in the manufacture of mass-produced and increasingly also high-quality textile products right up to innovative technical textiles.
In 1964 and 1966, Barmag and Neumag, now business units in the Oerlikon Manmade Fibers segment, supplied the first machine technology to China. #
"Our cooperative spirit, our responsibility and our competence as a technological trailblazer are all qualities that we aim to demonstrate in the future also to offer our Chinese partners flexible, highly efficient solutions with which they can achieve their goals and meet the challenges of today and tomorrow - for a longterm win-win situation,"says Stefan Kross, CEO of Oerlikon Manmade Fibers.
In 1964 and 1966, Barmag and Neumag, now business units in the Oerlikon Manmade Fibers segment, supplied the first machine technology to China. #
Oerlikon
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