7 January
2010, Frankfurt - To date, over 100 German textile machinery builders,
including their Chinese subsidiaries have registered for ITMA ASIA + CITME 2010 in Shanghai (22–26 June)
via the country’s VDMA Textile Machinery Association.
The list of
exhibitors includes all of the well known manufacturers who will show their innovative
‘Made in Germany’ textile production technology to visitors from all over Asia
and other parts of the world. According to the VDMA, most companies expect an
increase in demand from China, the most important market for the sector and this
positive development is also confirmed by the latest report on the economy of
the VDMA’s liaison office in China.
Knitting machinery builders exhibiting
include Stoll, Karl Mayer and its subsidiary Karl Mayer-Malimo and Mayer &
Cie. Other knitting industry exhibitors are Bruckner, Theis in
dyeing and finishing, Groz-Beckert, Kern-Liebers, Christoph Liebers and Betex
in needles, elements and parts and
Memminger-Iro and Klüber Lubrication.
The timing
of ITMA ASIA + CITME 2010 fits with improving business conditions in Asia and after
the all time low in January and February 2009, China's textile industry has gradually
recovered. Experts from India's textile sector also expect things to settle
down during the first half of this year.
“Although
being back on track again, the cost pressure on textile producing enterprises
will remain high and additional tasks are under way since governments in Asia
are adopting stricter environmental standards. Sustainability has become an
issue textile mills have to address for cost as well as for legal reasons.
German textile machinery manufacturers are offering solutions for higher energy
and material efficiency that can help Asian textile producers to realise
substantial cost savings thus giving them a competitive edge,” the VDMA Textile
Machinery Association said.
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