ShanghaiTex Review: Picanol Group Continues Growth In Asia
ShanghaiTex Review
Textile World Asia Special ReportPicanol Group Continues Growth In AsiaBelgium-based Picanol
Group is no stranger to the Asian markets demand for advanced weaving technology. With the recent
announcement of a Memorandum of Understanding with the Vietnam-based 8 March Textile Co. for 150
weaving machines, last summers celebration of the manufacture of the10,000th OMNIplus air-jet
weaving machine a weaving machine sold to Chinese customer Jiangxi and the sale of 126 rapier
weaving machines last December to Vietnam-based Vinatex, Picanol continues to expand its presence
in the marketplace.Patrick Steverlynck, chairman, commenting at Shanghaitex on the growing weaving
machinery market, said, We are looking to the Chinese market to understand its needs. An
emerging-style machine for an emerging market. China is estimated to have 200 rapier loom
manufacturers with approximately 30 [at a] high-technology [level] (300-400 picks per minute), and
an additional five water-jet and five air-jet [manufacturers] of reasonably high-technology
[looms].
Spring 2004



