After the driving ceremony, Xinxiang Chemical Fiber held a discussion with Zhengzhou COSCO Spandex Engineering Technology Co., Ltd. (hereinafter referred to as “Zhengzhou COSCO”) to discuss the development trend of spandex under the new situation.

At the meeting, Du Chunshu, assistant general manager of Xinxiang Chemical Fiber, said that the project will focus on the production of differentiated products.

Sang Xiangdong, chairman of COSCO Zhengzhou, introduced the research and development advantages of COSCO Zhengzhou in spandex engineering technology and the investigation of spandex manufacturers. Sang Xiangdong said that Zhengzhou COSCO will take advantage of its engineering technology with higher efficiency, faster spinning speed and better quality to jointly develop differentiated products with Xinxiang Chemical Fiber.

Shao Changjin, the leader of Xinxiang Chemical Fiber Company, pointed out at the meeting that the current relocation project has been generally completed. new demand. At present, the spandex market is affected by the three pressures of supply conflict, demand contraction and expected weakening. The market situation is not optimistic. Therefore, we must strive to breed new opportunities in the crisis, give full play to our own advantages, make up for our own shortcomings, pay more attention to the development of upstream industries, and make timely adjustments. The industrial structure empowers and increases the high-quality development of Xinxiang Chemical Fiber.

Xinxiang Chemical Fiber Project with an annual output of 100,000 tons of ultra-fine denier spandex

my country is the world’s largest producer and consumer of spandex. Manufacturers with large production capacity in China include Huafeng Chemical, Hyosung China, Xinxiang Chemical Fiber, etc.

On May 20, Xinxiang Chemical Fiber Co., Ltd. announced that it planned to raise no more than 1.38 billion yuan for the third phase of the project with an annual output of 100,000 tons of high-quality ultra-fine denier spandex fiber and an annual output of 10,000 tons of biomass cellulose. Fiber projects and replenishment of working capital.

On April 6, Xinxiang Chemical Fiber held the commencement ceremony of the second phase project (with an annual output of 30,000 tons of spandex) and the third phase of the project (with an annual output of 40,000 tons of spandex).

The 30,000-ton capacity of Xinxiang Chemical Fiber’s first-phase project with an annual output of 100,000 tons of ultra-fine denier spandex has been put into operation in December 2021.