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Xin Fengming, one of the "three giants" in the polyester filament industry, issued an announcement on the evening of July 4th that the wholly-owned sun company Dushan Energy invested and constructed an annual output of 600,000 tons of intelligent and functional differentiation in Dushan, Pinghu, Zhejiang.
The polyester fiber project has reached the conditions for commissioning and was officially put into operation on July 4
.
It is understood that the project has built 2 sets of polyester production equipment and 20 spinning production lines, forming an annual production capacity of 600,000 tons of intelligent and functional differentiated fibers
It is understood that the project introduced German Barmag high-speed winding equipment, domestic supporting equipment and public engineering equipment, using large-capacity flexible polymerization, polyester melt direct spinning, copolymer blending online addition, intelligent manufacturing, and green manufacturing.
Technology, built 2 sets of polyester production equipment and 20 spinning production lines, forming an annual production capacity of 600,000 tons of intelligent and functional differentiated fibers
.
After the project is put into production, Xinfengming Group's polyester production capacity will reach 6 million tons!
In recent years, thanks to the continuous improvement of industry concentration, Xinfengming has developed rapidly in the field of polyester filaments and is known as the leading enterprise with the strongest growth
.
From 2012 to 2020, Xinfengming's market share in terms of output rose from 4.
According to the layout plan, Xinfengming predicts that in the future, the company will maintain a production rate of approximately 600,000 tons of filaments per year.
Combined with its commissioning, in the next three to five years, the planned construction of a total of 4 million tons of PTA production capacity will be promoted.
To achieve the construction goal of "two ten million tons" of polyester and PTA
.
The production capacity of polyester filament continues to expand, and future growth momentum will be sufficient
.
Polyester filament is the main source of Xinfengming's operating income and gross profit
In addition to polyester filaments, Xinfengming will further expand the PTA field in the future
.
Xinfengming is committed to actively improving the upstream industrial chain of polyester filament.
With the smooth commissioning of each of the 2.
2 million tons of PTA projects in the two phases of Xinfengming, Xinfengming will extend the industrial chain up to the PTA link
.
Although the current PTA link is at a low point due to the industry’s expansion cycle, the company’s PTA production capacity is the latest technology in the industry, and it is expected to form a synergistic support with downstream polyester production in the future.
Xinfengming predicts that in the future, it will maintain an annual production rate of about 600,000 tons of filament yarns, and combined with its commissioning, in the next three to five years, promote the planning and construction of a total of 4 million tons of PTA production capacity, and finally realize polyester and PTA" Two ten million tons" construction goals
