Page 15 - TEXtalks January/February 2022

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Saurer appoints Uwe An Update on

Ronde as new CEO Pakistan's textile

The Saurer Group has appointed Uwe Ronde as Saurer is a leading globally operating technology
its new CEO. With chairman Pan Xueping company focusing on innovations for the exports; up by
stepping down as CEO, Dr. Ronde took over the processing of fiber and yarn, including
reins on 1 January 2022. The incoming CEO machinery, components, and software. We
brings over 30 years of experience in the partner with customers, providing smart 17% YoY
machine tool business and the manufacturing fit-for-purpose solutions to help our clients
space. Most recently, Dr. Ronde was managing achieve their business aspirations. Today, Saurer
director of EMAG in Germany, having previously
headed up the machine tool and production comprises the two segments Saurer Spinning
systems supplier’s Chinese subsidiary. He was Solutions and Saurer Technologies. Saurer Pakistan’s textile exports have touched a historic showing an increase of 49.30% during the period.
also CEO of Franz Kessler, one of the biggest Spinning Solutions offers high-quality, high of $11bn during 7MFY22, up by 25% YoY, data
motor spindle manufacturers globally, and technologically advanced, and customer-specific released by the Pakistan Bureau of Statistics (PBS). Similarly, exports to Sri Lanka rose by 70.92% to
Intercontec Pfeiffer, a manufacturer of solutions for processing staple fiber from bale to In the month of January alone, textile exports $174.885 million from $102.317 million in the
connectors. Dr. Ronde has held the role of yarn. Saurer Technologies specializes in twisting remained above the $1.5bn level as it recorded at previous year, whereas exports to Nepal also
vice-chairman on the Saurer board of directors and embroidery and engineered polymer $1.55bn, up by 17% YoY. While on monthly basis, it increased by 88.60% to $4.038 million from $2.141
since October 2021. solutions. declined by 4% MoM led by lower exports of the million; in addition, exports to the Maldives increased
value-added segment. In the value-added by 24.73 percent to $3.167 million from $2.539 million.
segment, knitwear, bed-wear, readymade garments However, the country's export to Afghanistan dropped
and towels registered an upsurge of 33%, 19%, 22% by 46.64% to $240.504 million this year from $450.772
million, whereas exports to India also dipped by
and 15.4% to $2.9bn, $1.9bn, $2.2bn and $615.3mn
Mango doubled the percentage of during July-January FY22 compared to the 72.50% to $0.517 million from $1.880.
corresponding period last year. Meanwhile, the
country exported food commodities worth $2.95bn
The imports from these countries also rose with
sustainable garments within one year during 7MFY22, registering a jump of 21% YoY from exports. Overall, the imports from seven regional
countries were recorded at $8830.045 million during
$2.4bn in 7MFY21.
the period under review compared to $5984.801
According to the latest report of the State Bank of million during last year, showing an increase of
Mango is continuing its efforts toward sustainability and bringing forward its sustainability targets after Pakistan, Pakistan's exports to its neighboring 51.56%. The imports from India were worth $91.547
achieving that 80% of all the garments it sells now bear the Committed name. In just one year, Mango countries witnessed a blossom in the first half of the million against the imports of $95.985 million, a
has almost doubled its total production percentage of sustainable garments. In 2021 Mango achieved financial year (2021-22). Pakistan's exports to the decrease of 4.70%, while imports from Afghanistan
91% use of sustainable cotton and a 59% use of cellulose fibers of controlled origin. Furthermore, 54% seven regional countries increased by 28.91% and increased by 13.41%, from $79.731 million to
of the polyester used was recycled, achieving the initial target four years ahead of time. Mango makes reached a market value worth $2155.287 million. The $90.430 million. The imports from Nepal into the
its commitment to sustainable fashion visible through the Committed label, which includes all Mango exports to neighboring countries hold a significant country witnessed an increase of 2.85% from $0.491
garments with a lower environmental impact. share of 14.14% of Pakistan's overall exports of million to $0.505 million.
$15236.041 million during July-December (2021-22).
In recent years, the company has made a significant effort to increase the number of sustainable Though it is evident that the exports are increasing
garments, which in 2021 accounted for 80% of the total collection, well above the 45% figure for 2020. China tops the list of countries in terms of Pakistan's to various countries, it is also evident that the
Committed garments are all those which contain at least 30% of more sustainable fibers (such as exports to its neighboring export destinations with a imports are also increasing. There has been a
organic cotton, recycled cotton, BCI cotton, recycled polyester, recycled wool, or Tencel) and have substantial growth of 59.05 percent to $1332.768 massive gap between imports ($8830.045 million)
been manufactured using more sustainable production processes. Mango’s goal is that all its million in six months of this year from $837.916 and exports ($2155.287 million). The gap highlights
garments will be Committed by 2022. In its commitment to sustainability in all areas of influence and as million during last year, while exports to Bangladesh the trade deficit, which is growing alarming. The
part of its Sustainability Plan, Mango has also signed up to the Canopy Style initiative, which is also increased by 45.63 percent to $399.408 million government should do prompt actions to increase
committed to protecting forests by ensuring the responsible use of all cellulose materials used in from $274.246 million. On the other hand, the exports by value-added textiles and reducing the
garments, paper, and packaging. imports from China during July-December 2021-22 imports of luxury and irrelevant items, which could
were recorded at $8555.260 million against the be a quick step to reduce the trade deficit and
$5730.094 million during July-December 2020-21, support the country's economy.

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