Dr. Harald Weber’s Post

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Managing Director VDMA Textile Machinery & Large Industrial Plant Manufacturing

𝐈𝐓𝐌𝐀 𝐀𝐒𝐈𝐀 𝐛𝐞𝐭𝐭𝐞𝐫 𝐭𝐡𝐚𝐧 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐛𝐞𝐟𝐨𝐫𝐞 In economically difficult times, ITMA ASIA + CITME 2024 in Shanghai was better than expected. Gunnar Meyer, Managing Director, Monforts said: “We were very satisfied with this year’s ITMA ASIA + CITME and there were more visitors than at year’s last show in Shanghai – and certainly more than we expected, given a challenging business environment. There is no escaping the fact that China remains the Number One textile manufacturing centre worldwide and we are now very optimistic about an appetite for new investment which was suddenly noticeable at ITMA ASIA + CITME 2024. China has a number of advantages, including a massive domestic market and a highly developed infrastructure and supply chain network. There is a wealth of domestic producers and we now see big potential for further growth. In addition to companies from China, we also had very good discussions with companies from Egypt, India, Pakistan and Vietnam, some of whom we already knew, but many who were new to us, as these markets continue to grow. Alongside enquiries about our own well-established technologies, visitors showed a lot of interest in our recently-announced collaboration with Archroma and Baldwin Technology on solutions which are charting the course for the future of sustainable textile finishing.” Georg Stausberg, CEO, Oerlikon Polymer Processing Solutions summarized the trade fair as follows: “It is becoming increasingly more challenging for participating companies to present groundbreaking innovations at the ITMA trade fair, as it is now held annually. Nevertheless, ITMA ASIA + CITME 2024 was once again a convincing international communication platform, especially in one of the most important markets for us in the manmade fiber industry. In addition to all our Chinese customers, we were able to provide detailed information on our new products and services to many international visitors, particularly from Pakistan, Egypt and Southeast Asia. ITMA has once again helped us to keep pace with the times within the global textile industry.” #TextileIndustry #TextileMachinery #ITMA

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