On October 8, 2021, the commissioning ceremony for Jiangsu Ruibang Technology Co., Ltd.’s annual output of 250,000 tons of recycled fiber and supporting texturing was held grandly in Siyang, Jiangsu.
It is understood that Jiangsu Ruibang Technology Co., Ltd. is a subsidiary of Jiangsu Oriental Shenghong Co., Ltd. A second-level wholly-owned subsidiary, the first phase of the project has a total investment of 3.5 billion yuan, covering an area of about 402 acres. It has newly installed 150 sets of production equipment such as German Barmag winding machine and Japanese TMT texturing machine. The project has technical content It has the characteristics of high product quality and high added value. It is expected to produce 250,000 tons of POY, FDY, DTY and other recycled fibers annually, achieve sales of 3.5 billion yuan, pay tax of more than 100 million yuan, and create more than 1,500 jobs.
It is understood that Shenghong Group began mass production of recycled fibers in 2018 and has undergone a series of Product research and development, currently the product range is very complete. The main products include regenerated glossy, regenerated matt, regenerated semi-gloss, regenerated cationic, etc., as well as functional differentiated products such as regenerated anti-UV, regenerated antibacterial, regenerated suction and exhaust, regenerated flame retardant, regenerated two-component elastic yarn, etc.
At present, Shenghong’s recycled fiber has passed the global recycling standard GRS certification, and each batch of products also has a TC certificate, and has The special identification and traceability agents can not only identify the content of Shenghong recycled fibers on the final fabric, but also make the entire product life cycle traceable.
Previously, the CMO of the international sports brand giant Adidas has stated that by 2024, 100% of its products will use recycled polyester fiber; while Nike, Uniqlo, H&M, GAP and other brands have has issued a statement to express its support for “regenerated fiber” and believes that in the near future, green and environmentally friendly recycled fiber will become the “sole supplier” of these international giants.
In the upstream of the textile industry chain, polyester manufacturers have long sensed the business opportunities of “regenerated fiber”. Hengli, Tongkun, Xinfengming, Hengyi, Sheng Leading domestic polyester companies such as Hong Kong and Rongsheng have entered the recycled fiber industry and vigorously developed new environmentally friendly recycled fibers.
Guxiandao and Jiaren announced the expansion of green polyester capacity
Coincidentally, polyester industrial yarn leader Ancient Towpath and recycled polyester leader Jiaren New Materials also recently announced the expansion of green polyester production capacity.
It is understood that the Shaoxing urban chemical industry cross-regional agglomeration and improvement project has recently been announced to start in Shangyu District, Shaoxing. Among the seven projects started this time, there are two chemical fiber projects, namely the Gimpo Green Fiber (Zhejiang) Co., Ltd. project and the Zhejiang Jiaren New Material Technology Co., Ltd. project.
Jinpu Green Fiber (Zhejiang) Co., Ltd. was established in March 2021 and was registered in Hangzhou Bay Shangyu Economic and Technological Development Zone. It is a leading polyester industrial yarn enterprise Zhejiang Ancient Fiber Road Green A wholly owned subsidiary of Fiber Co., Ltd. The project plans to acquire 824 acres of new land with a total investment of 10 billion yuan. It will purchase continuous polyester production equipment, spinning machines, two-for-one twisting machines, doubling machines and other equipment to form an annual output of 1 million tons of differentiated polyester and 728,000 tons. Special polyester industrial yarn production capacity. The project has a high technical starting point and will use the world’s most advanced liquid-phase viscosifying melt direct spinning technology and solid-phase viscosifying technology with high single-line production capacity. It will be equipped with an intelligent system integrating “automatic doffing-packaging-warehousing” to build Smart factory. After the project is completed, it is expected to achieve annual sales revenue of 16 billion yuan, profit of 4.715 billion yuan, and tax revenue of 2.359 billion yuan.
Zhejiang Jiaren New Materials Technology Co., Ltd. was established in March 2021 and is registered in Hangzhou Bay Shangyu Economic and Technological Development Zone. It is a leading recycled polyester enterprise Zhejiang Jiaren New Materials Co., Ltd. a wholly-owned subsidiary. The project plans to acquire 201.5 acres of new land with a total investment of 1.837 billion yuan, creating an annual production capacity of 70,000 tons of recycled polyester chips. After the project is completed, it is expected to achieve annual sales revenue of 2.435 billion yuan, profit of 290 million yuan, and tax revenue of 128 million yuan.
Recycled and environmentally friendly fabrics have become very popular in recent years and have become star products in the market. Many weaving factories have modified their machines to produce gray fabrics made of recycled and environmentally friendly fabrics. Fabric manufacturers are also promoting recycled and environmentally friendly fabrics. Placed many orders. But what follows is the tightening of the supply of environmentally friendly recycled raw materials. Now that major leaders are making arrangements, it is bound to cause a storm in the recycled raw materials market. Let’s wait and see! </p
