MIRA INFORM REPORT

 

 

Report Date :           

12.08.2011

 

IDENTIFICATION DETAILS

 

Name :

OERLIKON TEXTILE GMBH & CO KG

 

 

Registered Office :

Leverkuser Strasse 65, Remscheid, 42897

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

31.07.2003

 

 

Com. Reg. No.:

22506

 

 

Legal Form :

Partnership Subsidiary

 

 

Line of Business :

manufacture of textile machinery

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

Usually Correct 

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Germany

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Oerlikon Textile GmbH & Co KG

Leverkuser Strasse 65

Remscheid, 42897

Germany

Tel:       49 (2191) 670

Fax:      49 (2191) 67 12 04

 Web:   www.oerlikon.com/textile

 

 

synthesis     

 

Employees:                  3,000

Company Type:            Partnership Subsidiary

Corporate Family:          109 Companies

Ultimate Parent:             OC Oerlikon Corporation AG

Incorporation Date:         31-Jul-2003      

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       Euro

Annual Sales:               656.4

Total Assets:                1,087.5

 

 

Business Description     

 

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of textile machinery (machines for preparing, producing, extruding, drawing, texturing or cutting man-made textile fibres, materials or yarns; machines for preparing textile fibres: cotton gins, bale breakers, garnetters, cotton spreaders, wool scourers, wool carbonisers, combs, carders, roving frames, etc.; spinning machines; machines for preparing textile yarns: reelers, warpers and related machines; weaving machines (looms) including hand looms; knitting machines; machines for making knotted net, tulle, lace, braid, etc.); manufacture of auxiliary machines or equipment for textile machinery (dobbies, Jacquards, automatic stop motions, shuttle changing mechanisms, spindles and spindle flyers, etc.); manufacture of machinery for fabric processing (machinery for washing, bleaching, dyeing, dressing, finishing, coating or impregnating textile fabrics; manufacture of machines for reeling, unreeling, folding, cutting or pinking textile fabrics); manufacture of laundry machinery (ironing machines including fusing presses; laundry-type washing and drying machines; dry cleaning machines); manufacture of sewing machines, sewing machine heads and sewing machine needles; manufacture of machines for producing or finishing felt or nonwovens; manufacture of leather machines (machinery for preparing, tanning or working hides, skins or leather; and machinery for making or repairing footwear or other articles of hides, skins, leather or furskins).

 

Industry

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    2469 - Other Specialised Machinery and Equipment Manufacturing

NACE 2002:      2954 - Manufacture of machinery for textile, apparel and leather production

NAICS 2002:     333292 - Textile Machinery Manufacturing

UK SIC 2003:    2954 - Manufacture of machinery for textile, apparel and leather production

US SIC 1987:    3552 - Textile Machinery

 

           

Key Executives   

 

Name

Title

Peter Stahl

Finanzen

André Wissenberg

Marketing

 

 

Registered No.(DEU): 22506

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855

 

 

Corporate Overview

 

 

Location 
Leverkuser Strasse 65
Remscheid, 42897
Germany

 

Tel:

49 (2191) 670

Fax:

49 (2191) 67 12 04

 

 www.oerlikon.com

Sales EUR(mil):

472.0

Assets EUR(mil):

758.0

Employees:

3,000

Fiscal Year End:

31-Dec-2009

 

KeyIDSM:

42409713

Industry:

Miscellaneous Capital Goods

Incorporation Date:

31-Jul-2003

Company Type:

Partnership Subsidiary

Quoted Status:

Not Quoted

Previous Name:

Saurer GmbH & Co KG

Registered No.(DEU):

22506

 

 

Contents

Industry Codes

Business Description

Brand/Trade Names

Financial Data

Subsidiaries

Key Corporate Relationships

 

 

 

Industry Codes

 

ANZSIC 2006 Codes:

2469     -          Other Specialised Machinery and Equipment Manufacturing

 

NACE 2002 Codes:

2954     -          Manufacture of machinery for textile, apparel and leather production

 

NAICS 2002 Codes:

333292  -          Textile Machinery Manufacturing

 

US SIC 1987:

3552     -          Textile Machinery

 

UK SIC 2003:

2954     -          Manufacture of machinery for textile, apparel and leather production

 

Business Description

Textile machinery; systems engineering; electronic equipment including data processing apparatus

 

More Business Descriptions

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of textile machinery (machines for preparing, producing, extruding, drawing, texturing or cutting man-made textile fibres, materials or yarns; machines for preparing textile fibres: cotton gins, bale breakers, garnetters, cotton spreaders, wool scourers, wool carbonisers, combs, carders, roving frames, etc.; spinning machines; machines for preparing textile yarns: reelers, warpers and related machines; weaving machines (looms) including hand looms; knitting machines; machines for making knotted net, tulle, lace, braid, etc.); manufacture of auxiliary machines or equipment for textile machinery (dobbies, Jacquards, automatic stop motions, shuttle changing mechanisms, spindles and spindle flyers, etc.); manufacture of machinery for fabric processing (machinery for washing, bleaching, dyeing, dressing, finishing, coating or impregnating textile fabrics; manufacture of machines for reeling, unreeling, folding, cutting or pinking textile fabrics); manufacture of laundry machinery (ironing machines including fusing presses; laundry-type washing and drying machines; dry cleaning machines); manufacture of sewing machines, sewing machine heads and sewing machine needles; manufacture of machines for producing or finishing felt or nonwovens; manufacture of leather machines (machinery for preparing, tanning or working hides, skins or leather; and machinery for making or repairing footwear or other articles of hides, skins, leather or furskins).

 

All Other Textile Product Mills

 

Brand/Trade Names

Autoconer                     Autocoro

 

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

472.0

Assets:

758.0

Current Assets:

287.9

 

Total Liabilities:

758.0

 

Net Worth:

62.2

 

 

 

Date of Financial Data:

31-Dec-2009

 

1 Year Growth

NA

NA

 

Subsidiaries

Company

Percentage Owned

Country

KAS Management Services GmbH

 

Germany

PALITEX Project Company GmbH

 

Germany

Oerlikon Deutschland Holding GmbH

 

Germany

Palitex Project Company GmbH

 

Germany

Oerlikon Textile Components GmbH

 

Germany

AUTEFA automation GmbH

 

Germany

Oerlikon Textile India Pvt. Ltd.

 

India

Schlafhorst Engineering (India) Limited

 

India

Oerlikon Textile Mexico S.A. de C.V.

 

Mexico

Oerlikon Textile Far East Ltd.

 

Hong Kong

Oerlikon Textile Middle Asia MchJ

 

Uzbekistan

Oerlikon Textile Components India Pvt. Ltd.

 

India

Peass Industrial Engineers Ltd.

 

India

Oerlikon Textile Technology (Beijing) Co. Ltd.

 

Peoples Republic of China

Zinser Textile Systems Pte. Ltd.

 

India

Schlafhorst Engineering (India) Ltd

 

INDIA

 

 

 

 

 

Key Corporate Relationships

Bank:    UniCredit Bank AG, Commerzbank Bank AG, LZB

 

 

Corporate Family

Corporate Structure News:

 

OC Oerlikon Corporation AG
Oerlikon Textile GmbH & Co KG

Total Corporate Family Members: 109 
Excluded Small Branches and/or Trading Addresses: 16 (Available via export) 

 

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

OC Oerlikon Corporation AG

Parent

Pfaeffikon

Switzerland

Miscellaneous Capital Goods

3,453.7

16,657

 

Pfäffikon OC Oerlikon Management AG

Subsidiary

Pfäffikon SZ, Schwyz

Switzerland

Apparel and Accessories

1,750.0

19,000

 

Oerlikon Saurer Arbon AG

Subsidiary

Arbon

Switzerland

Miscellaneous Capital Goods

2,556.9

12,600

 

Oerlikon Czech s.r.o.

Subsidiary

Cervený Kostelec

Czech Republic

Miscellaneous Capital Goods

23.5

494

 

Oerlikon Heberlein Temco Wattwil AG

Subsidiary

Wattwil, St. Gall

Switzerland

Textiles - Non Apparel

 

175

 

Oerlikon Textile Components Singapore Pte Ltd

Subsidiary

Singapore

Singapore

Textiles - Non Apparel

21.2

160

 

Oerlikon Graziano SpA

Subsidiary

Rivoli

Italy

Auto and Truck Parts

1.0

100

 

AUTEFA automation GmbH

Subsidiary

Friedberg, Bayern

Germany

Miscellaneous Capital Goods

 

90

 

Melco Embroidery Systems Inc

Subsidiary

Denver, CO

United States

Miscellaneous Capital Goods

75.0

80

 

Oerlikon Textile Mexico S.A. de C.V.

Subsidiary

Tlalnepantla

Mexico

Textiles - Non Apparel

 

23

 

Oerlikon Leybold Vacuum GmbH

Subsidiary

Köln

Germany

Miscellaneous Capital Goods

175.0

 

 

Leybold Vacuum France

Subsidiary

Villebon Sur Yvette

France

Miscellaneous Capital Goods

36.3

149

 

Oerlikon Leybold Vacuum USA

Subsidiary

Export, PA

United States

Miscellaneous Capital Goods

1,750.0

120

 

Oerlikon USA Inc

Branch

St Petersburg, FL

United States

Semiconductors

85.7

150

 

Oerlikon Textile Inc

Branch

Charlotte, NC

United States

Miscellaneous Capital Goods

250.0

100

 

Oerlikon Optics USA Inc

Branch

Golden, CO

United States

Medical Equipment and Supplies

32.3

80

 

Oerlikon Leybold Vacuum Korea

Subsidiary

Gyeonggi-Do

Korea, Republic of

Miscellaneous Capital Goods

 

32

 

Neumag Denmark a/s

Subsidiary

Vejle

Denmark

Chemicals - Plastics and Rubber

 

 

 

Saurer Holding GmbH

Subsidiary

Leonding

Austria

Textiles - Non Apparel

 

 

 

Oerlikon Neumag Austria GmbH

Subsidiary

Leonding, Oberösterreich

Austria

Textiles - Non Apparel

34.2

100

 

Oerlikon Textile do Brasil Máquinas

Subsidiary

Sao Leopoldo

Brazil

Textiles - Non Apparel

 

 

 

GTG-Graziano Trasmissioni Group AG

Subsidiary

Arbon

Switzerland

Miscellaneous Capital Goods

 

 

 

Oerlikon (China) Technology Co. Ltd.

Subsidiary

Suzhou

China

Textiles - Non Apparel

 

 

 

Oerlikon Textile Machinery (Wuxi) Co

Subsidiary

Wuxi New District

China

Textiles - Non Apparel

 

 

 

Saurer Group Investments Ltd.

Subsidiary

George Town

Cayman Islands

Textiles - Non Apparel

 

 

 

Oerlikon Textile Components Far East

Subsidiary

Hong Kong

Hong Kong

Textiles - Non Apparel

 

 

 

Oerlikon Textile Trading

Subsidiary

Hong Kong

Hong Kong

Textiles - Non Apparel

 

 

 

Oerlikon Tekstil Middle East Tekstil

Subsidiary

Esentepe

Turkey

Textiles - Non Apparel

 

 

 

Oerlikon Textile GmbH & Co KG

Subsidiary

Remscheid

Germany

Miscellaneous Capital Goods

656.4

3,000

 

Oerlikon Barmag Zweigniederlassung der Oerlikon Textile GmbH & Co KG

Subsidiary

Remscheid

Germany

Miscellaneous Capital Goods

450.0

850

 

Oerlikon NEUMAG Zweigniederlassung der Oerlikon Textile GmbH & Co. KG

Subsidiary

Neumünster

Germany

Miscellaneous Capital Goods

1.0

650

 

Oerlikon Textile Components GmbH

Subsidiary

Fellbach, Baden-Württemberg

Germany

Miscellaneous Capital Goods

67.0

423

 

Oerlikon Schlafhorst

Branch

Mönchengladbach

Germany

Miscellaneous Capital Goods

1.0

350

 

Integra Engineering India Ltd

Subsidiary

PANCHMAHAL

India

Miscellaneous Capital Goods

1.6

88

 

KAS Management Services GmbH

Subsidiary

Remscheid, Nordrhein-Westfalen

Germany

Computer Services

 

70

 

Oerlikon Saurer (Zweigniederlassung der Oerlikon Textile GmbH & Co. KG)

Subsidiary

Kempten

Germany

Miscellaneous Capital Goods

 

70

 

Oerlikon Fibrevision Ltd.

Subsidiary

Macclesfield

United Kingdom

Scientific and Technical Instruments

 

15

 

Oerlikon Deutschland Holding GmbH

Subsidiary

Köln, Nordrhein-Westfalen

Germany

Commercial Banks

 

2

 

Oerlikon Leybold Vacuum GmbH

Subsidiary

Köln, Nordrhein-Westfalen

Germany

Miscellaneous Capital Goods

261.2

830

 

Oerlikon Leybold Vacuum Dresden GmbH

Subsidiary

Dresden, Sachsen

Germany

Miscellaneous Capital Goods

 

75

 

Oerlikon Leybold Vacuum Italia SRL

Subsidiary

Milano, Milano (Milan)

Italy

Miscellaneous Financial Services

2.7

14

 

Oerlikon Leybold Vacuum Nederland B.V.

Subsidiary

Utrecht, Utrecht

Netherlands

Construction and Agriculture Machinery

 

7

 

Oerlikon Deutschland Vertriebs GmbH

Subsidiary

Aschheim, Bayern

Germany

Appliance and Tool

18.9

34

 

Oerlikon Textile India Pvt Ltd

Subsidiary

Maharashtra

India

Miscellaneous Capital Goods

 

 

 

PALITEX Project Company GmbH

Subsidiary

Krefeld, Nordrhein-Westfalen

Germany

Biotechnology and Drugs

 

 

 

Oerlikon Textile Components Singapore Pte Ltd

Subsidiary

Singapore

Singapore

Furniture and Fixtures

 

 

 

Oerlikon Graziano SpA

Subsidiary

Rivoli, TO

Italy

Auto and Truck Parts

392.5

964

 

Graziano Trasmissioni India Pvt.

Subsidiary

New Delhi

India

Auto and Truck Parts

1.0

450

 

Esec AG

Subsidiary

Cham, Zug

Switzerland

Miscellaneous Capital Goods

317.6

375

 

Oerlikon Balzers Coating France

Subsidiary

St Thibault Des Vignes

France

Miscellaneous Fabricated Products

36.6

224

 

Oerlikon Balzers Coating Korea

Subsidiary

Pyongtaek

Korea, Republic of

Miscellaneous Fabricated Products

1.0

200

 

OC Oerlikon Balzers AG

Subsidiary

Balzers

Liechtenstein

Miscellaneous Fabricated Products

 

200

 

Oerlikon Balzers Coating Germany GmbH

Subsidiary

Bingen Am Rhein, Rheinland-Pfalz

Germany

Miscellaneous Fabricated Products

61.1

500

 

Oerlikon Balzers Artoda Indonesia PT

Subsidiary

Bekasi

Indonesia

Miscellaneous Fabricated Products

 

 

 

Oerlikon Nihon Balzers Coating Co.

Subsidiary

Hiratsuka

Japan

Miscellaneous Fabricated Products

54.8

158

 

Oerlikon Balzers Coating Korea Co Ltd

Subsidiary

Gyeonggi-Do

Korea, Republic of

Miscellaneous Capital Goods

 

110

 

Saurer Far East Ltd

Subsidiary

Wanchai, Wanchai

Hong Kong

Miscellaneous Capital Goods

1.0

100

 

Beijing Barmag Machinery Co Ltd

Joint Venture

Chaoyang District, Beijing

China

Construction Services

 

100

 

Oerlikon Balzers Coating Italy SpA

Subsidiary

Brugherio, Milano (Milan)

Italy

Miscellaneous Fabricated Products

12.1

99

 

Oerlikon Balzers-Elay Coating S.A

Subsidiary

Antzuola, Guipuzcoa

Spain

Miscellaneous Fabricated Products

7.9

70

 

Oerlikon Balzers Coating Austria GmbH

Subsidiary

Kapfenberg, Steiermark

Austria

Miscellaneous Fabricated Products

 

70

 

Oerlikon Balzers Coating UK Ltd.

Subsidiary

Milton Keynes

United Kingdom

Miscellaneous Fabricated Products

4.8

53

 

Oerlikon Balzers Sandvik Coating AB

Subsidiary

Stockholm, Stockholm

Sweden

Miscellaneous Fabricated Products

8.3

50

 

Oerlikon Balzers Coating Singapore Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Fabricated Products

2.7

40

 

Oerlikon Balzers Coating S.A.

Subsidiary

Brügg bei Biel

Switzerland

Miscellaneous Fabricated Products

0.1

14

 

Oerlikon Textile India Pvt. Ltd.

Subsidiary

Mumbai

India

Miscellaneous Capital Goods

1.0

 

 

Oerlikon IT Solutions AG

Subsidiary

Pfäffikon

Switzerland

Business Services

 

 

 

InnoDisc AG

Subsidiary

Windisch

Switzerland

Miscellaneous Capital Goods

 

 

 

Oerlikon Balzers Coating Luxembourg

Subsidiary

Niedercorn

Luxembourg

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Revestimentos

Subsidiary

Jundiaí

Brazil

Miscellaneous Fabricated Products

 

 

 

Oerlikon Solar Holding AG

Subsidiary

Trübbach

Switzerland

Electric Utilities

 

 

 

Oerlikon Assembly Equipment Taiwan

Subsidiary

Hsin Chu

Taiwan

Electric Utilities

 

 

 

Oerlikon Solar AG

Subsidiary

Trübbach

Switzerland

Electric Utilities

 

 

 

Oerlikon Mechatronics AG

Subsidiary

Trübbach

Switzerland

Electric Utilities

 

 

 

Oerlikon Solar-Lab S.A.

Subsidiary

Neuchâtel

Switzerland

Business Services

 

 

 

Oerlikon Solar Singapore Pte. Ltd.

Subsidiary

Singapore

Singapore

Electric Utilities

 

 

 

Oerlikon Solar (Shanghai) Trading

Subsidiary

Shanghai

China

Electric Utilities

 

 

 

Oerlikon France Holding SAS

Subsidiary

Saint-Thibault-des-Vigne

France

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Coating France SAS

Subsidiary

Saint-Thibault-des-Vigne

France

Miscellaneous Fabricated Products

 

50

 

Oerlikon Russia

Subsidiary

Moscow

Russian Federation

Textiles - Non Apparel

 

 

 

Oerlikon Leybold Vacuum Taiwan Ltd.

Subsidiary

Chutung

Taiwan

Containers and Packaging

 

 

 

Oerlikon Nederland B.V.

Subsidiary

Utrecht

Netherlands

Miscellaneous Capital Goods

 

 

 

Oerlikon Balzers Coating USA

Subsidiary

Elgin, IL

United States

Chemical Manufacturing

 

 

 

Oerlikon Balzers Coating USA

Branch

Rock Hill, SC

United States

Miscellaneous Fabricated Products

16.8

65

 

Oerlikon Balzers Coating USA Inc

Branch

Richmond, IN

United States

Miscellaneous Fabricated Products

15.5

60

 

Oerlikon Trading AG

Subsidiary

Trübbach

Switzerland

Consumer Financial Services

 

 

 

Oerlikon Balzers Coating México S.A.

Subsidiary

Querétaro

Mexico

Chemical Manufacturing

 

35

 

Oerlikon Balzers Coating (Suzhou)

Subsidiary

Suzhou

China

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Coating India Ltd.

Subsidiary

Pune

India

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Coating Poland Sp.

Subsidiary

Polkowice

Poland

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers RUS Ltd.

Subsidiary

Elektrostal

Russian Federation

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Coating (Thailand)

Subsidiary

Chonburi

Thailand

Miscellaneous Fabricated Products

 

 

 

Oerlikon Balzers Kaplama Sanayi ve

Subsidiary

Nilüfer

Turkey

Miscellaneous Fabricated Products

 

 

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Peter Stahl

 

Finanzen

Finance Executive

 

André Wissenberg

 

Marketing

Marketing Executive

 

 

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Apparatus for Cooling a Multiplicity of Synthetic Threads

 

Indian Patent News

27 July 2011

 

[What follows is the full text of the article.]

 

New Delhi, July 27 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for apparatus for cooling a multiplicity of synthetic threads. The inventors are Roland Nitschke, Jorg Hegenbarth, Ugur Bas and Markus Reichwein.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 1, 2010. The patent application number is 3246/CHE/2010 A. The international classification numbers are D01H13/00 and D02J13/00.

 

According to the Controller General of Patents, Designs & Trade Marks, "Apparatus for cooling a multiplicity of synthetic threads, with a blow box which is connectable to a cooling-air generator and contains a plurality of cooling cylinders with gas-permeable cylinder walls which are arranged at a distance from one another in the blow box between an upper thread inlet orifice and a lower thread outlet orifice, characterized in that at least one of the cooling cylinders has between the thread orifices a partition by which the respective cooling cylinder is divided into a plurality of separate cooling zones and in that the partition is connected exchangeable to the blow box."


Oerlikon Textile GmbH & Co. KG Files Patent Application for Method and Apparatus for Melt Spinning, Treating and Winding Up a Synthetic Yarn

 

Indian Patent News

17 July 2011

 

[What follows is the full text of the article.]

 

New Delhi, July 17 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for method and apparatus for melt spinning, treating and winding up a synthetic yarn. The inventors are Klaus Schafer, Ulrich Enders, Stefan Becker and Andreas May.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Oct. 8, 2010. The patent application number is 2988/CHE/2010 A. The international classification number is D01D5/08.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a method and an apparatus for melt-spinning, treating and winding up a synthetic yarn, in which a multiplicity of spun filaments are brought together to form a yam, treated and wound up and in which the yam is wetted with a chemical fluid before the winding up. In order to make dosed wetting of the yam possible at high yam speeds in the range from 5000 m/min to 8000 m/min, according to the invention the yam is guided through a standing liquid column of the fluid for the wetting, a height of the liquid column being variable for the dosing. For this purpose, formed within the wetting device is a vertically aligned column chamber for receiving a liquid column, which extends between an upper yam inlet and a lower yam outlet."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Textile Machine Producing Cross- Wound Bobbins

 

Indian Patent News

26 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 26 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for textile machine producing cross- wound bobbins. The inventors are Wedershoven Hans-Guenter, Hoffmann Ralf, Mund Manfred and Hennig Peter.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 2, 2007. The patent application number is 1839/MUMNP/2007 A. The international classification number is D01H1/16.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention proposes connecting the workstation computers of the workstations of the textile machine producing cross-wound bobbins to separate functional groups of the respective workstation in each case by means of a workstation fieldbus. This produces a high degree of flexibility, which allows later adaptation of the workstation with little effort."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Joining Method on a Jet Spinning Machine as Well as a Spinning Device and Jet Spinning Machine

 

Indian Patent News

25 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 25 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for joining method on a jet spinning machine as well as a spinning device and jet spinning machine. The inventors are Weide Thomas and Feuerlohn Helmut.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 19, 2007. The patent application number is 1946/MUMNP/2007 A. The international classification number is D01H4/48.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a joining method on a jet spinning machine, comprising at least one spinning device, in which a thread is formed by means of a spinning jet device which generates an injection flow in cooperation with a hollow spinning cone, whereby an auxiliary thread is used for joining thereto. The auxiliary thread is subsequently discarded and the newly spun thread spliced to the end of the upper thread. The spinning device is provided with a first clamping device for the temporary clamping of the upper thread and a second clamping device for the temporary clamping of the auxiliary thread. The jet spinning machine can be provided with an operating carriage running along the spinning posts."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 


 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Spinning Rotor

 

Indian Patent News

25 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 25 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for spinning rotor. The inventor is Wassenhoven Heinz-Georg.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 19, 2007. The patent application number is 1941/MUMNP/2007 A. The international classification number is D01H4/10.

 

According to the Controller General of Patents, Designs & Trade Marks, "A spinning rotor for an open-end rotor spinning machine has a rotor shaft, a rotor disk with an opening, an inner chamber, a rotor groove, a conically tapering slide wall which extends from the opening to the rotor groove and a rotor base facing the opening and provided with a bore through which the rotor shaft extends at least partially. The rotor shaft is linked to the rotor disk by a connection element and the rotor shaft and rotor disk comprise a common rotational axis. According to the invention, the rotor shaft and the rotor disk include connection means that are at least partially surrounded by the connection element designed as a cast part, thus achieving an interlocking connection between the rotor shaft and the rotor disk."

 

About the Company

 

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Thread Displacement Drive, in Particular for a Workstation of a Textile Machine

 

Indian Patent News

25 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 25 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for thread displacement drive, in particular for a workstation of a textile machine. The inventor is Flamm Franz-Josef.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 19, 2007. The patent application number is 1939/MUMNP/2007 A. The international classification number is B65H54/28.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a mechanism for controlling a thread displacement, in particular for a textile machine working station comprising a thread guide and an electric motor individual drive provided therefor and an angle sensor for determining an actual angular position of a thread guide and a controller for predefining at least one correcting variable for the output stage of the electric motor individual drive for driving the thread. The inventive mechanism for controlling a thread displacement makes it possible to obtain high displacing frequencies by preventing displacement errors, wherein the controller comprises a multivariable control system for accurately controlling at least one correcting variable and thereby the actual angular position of the thread guide. A status monitor for accurately determining the internal conditions such as in a real control section and for transmitting them to the controller is provided."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Method for Winding a Thread to Form a Cross-Wound Bobbin and a Cross-Wound Bobbin

 

Indian Patent News

20 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 20 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for method for winding a thread to form a cross-wound bobbin and a cross-wound bobbin. The inventors are Haak Dieter and Herwegh Felix Martin.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Sept. 24, 2007. The patent application number is 4183/CHENP/2007 A. The international classification number is B65H54/08.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention describes a method for winding a thread to form a cross-wound bobbin and a cross-wound bobbin. In order to determine an end-face form on the cross-head bobbin, a continuously supplied thread is passed to and fro within a cross-winding excursion having a variable length. In order to obtain a uniform penetration of dye in particular for the purpose of dyeing the cross-wound bobbin, according to the invention the cross-winding excursion is controlled at the end of the winding-on such that rounding of the end face of the cross-wound bobbin results on both end sides."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.


 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Process for Producing Elastic and/or Water Degradable Webs from Composite Filaments

 

Indian Patent News

03 May 2011

 

[What follows is the full text of the article.]

 

New Delhi, May 3 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for process for producing elastic and/or water degradable webs from composite filaments. The inventor is Andersen Jens Ole Brochner.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Sept. 20, 2007. The patent application number is 7261/DELNP/2007 A. The international classification number is D04H1/70.

 

According to the Controller General of Patents, Designs & Trade Marks, "A process of manufacturing a non-woven web from virtually endless composite filaments. The filaments used in said process are arranged in a sheath-core arrangement in which the sheath component comprise a thermoplastic polymer and the core component is selected from the group of an elastomer, a water-soluble polymer and/or a biodegradable polymer. The sheath component constitutes at least 20 percentage by weight of the filament and that the core component constitutes at least 10 percentage by weight of the filament. The process according to the invention provides a simple and inexpensive process for manufacturing water soluble and/or elastic non-woven webs of any width, using virtually endless filaments."

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Method for Operating a Spindle of a Two-For-One Twister or Cabling Machine

 

Indian Patent News

05 April 2011

 

[What follows is the full text of the article.]

 

New Delhi, April 5 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for method for operating a spindle of a two-for-one twister or cabling machine. The inventor is Schlagenhaft Walter.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Dec. 23, 2010. The patent application number is 2753/MUMNP/2010 A. The international classification numbers are D01H1/10, D01H13/10, D01H7/86 and D02G3/28.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a method for operating a spindle of a two-for-one twister or cabling machine, wherein a thread is drawn off from a drum spool and is fed into a guide device disposed below a twisted yarn plate of the spindle, from which the thread exits the spindle nearly perpendicular to the longitudinal axis of the spindle and is diverted to the outer edge of the twisted yam plate and runs along the spindle as a free thread balloon encompassing the spindle, until the thread is fed into the thread or cable point of a thread guide device above the spindle, wherein the feed speed of the thread is adjusted so that the thread tension has a value that minimizes the diameter of the free thread balloon encompassing the spindle as a function of the geometry of the spindle."

 


About the company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 

 

Oerlikon Textile GmbH & Co. KG Files Patent Application for Textile Machine Having a Movable Service Unit

 

Indian Patent News

29 March 2011

 

[What follows is the full text of the article.]

 

New Delhi, March 29 -- Germany based Oerlikon Textile GmbH & Co. KG filed patent application for textile machine having a movable service unit. The inventors are Goebbels Heinz-Dieter and Peters Erwin.

 

Oerlikon Textile GmbH & Co. KG filed the patent application on Nov. 29, 2010. The patent application number is 2526/MUMNP/2010 A. The international classification number is D01H13/00.

 

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a textile machine having a plurality of work stations and at least one service unit that can be moved along the work stations for operating and/or maintaining the individual work stations, wherein the at least one service unit comprises at least one camera, and wherein the camera is designed to produce images that include components of the service unit and/or the work stations and to transmit them to a control unit of the textile machine for detecting and evaluating the components and/or the current absolute or relative positions thereof, said control unit using the information obtained for controlling the service unit and/or the work station requiring operation and/or control. The invention further relates to a method for operating a textile machine of said kind."

 

About the Company

Oerlikon Textile GmbH & Co. KG is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.

 


Annual Profit & Loss

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.719047

0.683679

0.730637

Consolidated

No

No

No

 

 

 

 

Total income

656.4

1,056.0

1,533.5

Raw materials and services

363.4

606.1

953.8

Net sales

656.4

1,056.0

1,533.5

Change in stock

-51.1

-28.2

8.6

Own work capitalised

0.5

5.5

3.4

Other operating income

24.7

56.8

56.3

Raw materials and consumables employed

363.4

606.1

953.8

Other external charges

39.7

60.4

75.7

Cost of goods sold

403.1

666.5

1,029.5

Cost of raw materials

403.1

666.5

1,029.5

Taxes and social security costs

38.8

46.0

44.3

Total payroll costs

217.1

292.1

277.1

Fixed asset depreciation and amortisation

39.3

55.5

34.5

Other operating costs

345.6

404.7

537.8

Net operating income

-201.8

-126.4

-8.3

Interest received from loans

4.8

0.0

0.8

Other income

4.1

10.2

5.9

Interest payable on loans

23.5

30.8

23.7

Other expenses

-

10.9

-

Total expenses

58.6

26.9

-0.9

Profit before tax

-260.4

-153.3

-7.4

Provisions

265.6

286.8

287.5

Extraordinary expenses

-

98.9

-

Extraordinary result

-

-98.9

-

Other taxes

-1.0

0.2

1.0

Total taxation

0.1

1.1

2.5

Net loss

-259.5

-253.5

-10.9

 

 

 


Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Capital reserves

624.8

605.4

102.1

Profits for the year

-594.5

-316.6

-79.6

Total stockholders equity

89.2

345.7

82.4

Deferred taxation

0.3

5.2

6.5

Other provisions

121.9

120.4

155.2

Provision for pensions

151.8

147.0

145.4

Provisions and allowances

274.0

272.6

307.1

Other debentures

-

-

0.9

Owing to group/associated companies

127.7

-

-

Total long-term liabilities

127.7

-

0.9

Trade creditors

63.3

62.4

135.3

Other loans

-

0.8

2.1

Taxation and social security

23.5

24.3

30.7

Due to group companies

509.8

474.8

323.2

Owing to participants

0.1

0.8

2.3

Total current liabilities

596.6

563.1

493.5

Total liabilities (including net worth)

1,087.5

1,181.4

884.0

Patents

17.7

35.7

18.5

Goodwill

-

-

101.1

Intangibles

17.7

35.7

119.5

Machinery and tools

16.4

20.8

21.1

Fixed assets under construction

2.2

4.1

9.6

Total tangible fixed assets

43.5

56.0

64.5

Long-term investments

0.2

0.2

0.2

Shares held in associated companies

572.4

558.6

96.4

Participating interest

40.6

36.3

34.7

Total financial assets

613.1

595.1

131.3

Total non-current assets

674.2

686.8

315.3

Net stocks and work in progress

81.8

146.0

171.7

Trade debtors

92.8

95.6

168.5

Other receivables

11.5

14.6

23.3

Total receivables

265.6

301.6

333.5

Owing from associated companies

161.2

191.5

141.7

Cash and liquid assets

63.0

44.1

60.2

Marketable securities

2.6

2.5

2.7

Short-term investments

2.6

2.5

2.7

Total current assets

413.0

494.3

568.2

Prepaid expenses and deferred costs

0.2

0.3

0.4

Total assets

1,087.5

1,181.4

884.0

 

 

 

Annual Ratios

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Current ratio

6.92

8.78

11.51

Acid test ratio

5.55

6.18

8.03

Total liabilities to net worth

0.81%

0.16%

0.60%

Net worth to total assets

0.01%

0.03%

0.01%

Current liabilities to net worth

0.67%

0.16%

0.60%

Current liabilities to stock

0.73%

0.39%

0.29%

Fixed assets to net worth

0.76%

0.20%

0.38%

Collection period

500.00

347.00

376.00

Stock turnover rate

1.21

1.46

1.05

Profit margin

-0.04%

-0.02%

0.00%

Return on assets

-0.02%

-0.02%

0.00%

Shareholders' return

-0.30%

-0.07%

-0.01%

Sales per employee

15.63

22.08

32.28

Profit per employee

-6.18

-3.23

-0.23

Average wage per employee

5.17

6.11

5.83

Net worth

89.2

345.7

82.4

Number of employees

3,020

3,270

3,471

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.27

UK Pound

1

Rs.73.34

Euro

1

Rs.64.58

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.