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The Textile Magazine
APRIL 2012
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41
ruption on the raw materials markets
and government intervention in ma-
jor sales markets inhibited demand
for technology components used
in staple fiber machinery. Towards
year end there was a decline in the
market worldwide, but it remained
at a significantly higher level than
during the downturn in 2008-09.
Premium Textile Components
was successful throughout the year
under review with all four of its
brands (Bräcker, Graf, Novibra and
Suessen).
In India and China, demand was
inhibited by government interven-
tion, i.e., restrictions on the avail-
ability of credit, but these countries
remained Premium Textile Com-
ponents’ largest markets alongside
Turkey. In both countries the busi-
ness group serves customers who
supply the growing domestic mar-
ket.
Rising labor costs in China and
India are resulting in some transfers
of textile industry activities to other
Asian countries, such as Indonesia,
Vietnam, Pakistan and Bangladesh.
Premium Textile Components is
also well placed in these markets.
The Turkish market continued its
positive development in 2011. De-
mand in Europe, the US and South
America declined slightly compared
with the previous year.
Through its Premium Textile
Components Business Group, Rieter
is one of the world’s largest suppli-
ers of components for short-staple
spinning mills. Premium Textile
Components supplies technology
components both to spinning mills
and to various machinery manufac-
turers, including Rieter.
All four of the business group’s
brands launched important new
products during the year. At ITMA
in Barcelona, Premium exhibited a
wide range of new components for
all three established spinning proc-
esses – ring, rotor and compact
spinning. They attracted consider-
able interest from customers in all
segments served by Rieter. New
products were developed both for
customers in the premium quality
segment and also to meet the needs
of the domestic markets in China
and India. Suessen branded compo-
nents for the Indian market were an
especially successful example.
All four units of the business
group aim through their innovations
to develop new yarn properties,
achieve improved utilization of raw
material and provide cost-efficient
retrofits for customers’ spinning
installations. With a strong market
spinning