[Foreword]
The new year is approaching and another year is approaching. This year, on the one hand, the economic situation at home and abroad remained complex and severe, the overall demand in the chemical fiber industry weakened, the contradiction between supply and demand became apparent, market prices fell, and the industry’s profitability declined. But on the other hand, in order to gain greater advantages and not miss opportunities in the future, the expansion of multiple sub-sectors represented by leading companies continues. Private refining and chemical projects invested by large polyester companies in the past few years have been put into production one after another. A batch of polyester and polyester projects and PTA projects have been put into production, and a number of new polyester and polyester projects, PTA projects, nylon projects, and carbon fiber projects have begun investment. The “head effect” of the industry is obvious.
This year, some people are happy and some are sad. Some companies have achieved expansion and acquisitions, taking other chemical fiber companies into their own pockets; some companies have opened up an integrated industrial chain from refining to spinning, and their comprehensive competitiveness has been improved, and they have further improved on the road to becoming bigger and stronger. A step forward; some polyester companies have been acquired by leading companies, the controlling rights of some carbon fiber companies have changed, and some companies’ carbon fiber projects have entered bankruptcy auction procedures.
This year, a number of chemical fiber centers such as Xiaoshan and Tongxiang in Zhejiang and Shengze in Jiangsu are still full of vitality and telling different stories. What is noteworthy is that leading companies have moved their investments further afield. The southwest, northwest and northern regions such as Qinzhou in Guangxi, Guiyang in Guizhou, Xining in Qinghai, and Baotou in Inner Mongolia have become new investment locations for chemical fiber projects.
This year is also another year in which we continue to go deep into the front lines of the chemical fiber industry and go to various places to collect and write news reports on the spot. From the Songhua River in Jiangcheng, Beiguo, to Juzizhoutou on the Xiangjiang River, from the Xining carbon fiber project construction site at an altitude of more than 3,000 meters, to the spring and autumn exhibitions at the National Convention and Exhibition Center (Shanghai), we have left behind our presence and our Report. Just as the replacement of the sun and the moon is a law of nature, the ups and downs of the chemical fiber market and the boom and bust of enterprise development are also normal phenomena in the market economy. Looking back and summarizing the past is to make a better start. In the new year, the chemical fiber industry will continue to move forward on the road of high-quality development, and we will also rush to one news scene after another.
Private refining and chemical companies have successively put into operation “big The layout of “big guys” continues to deepen
No matter what the chemical fiber market is like, the polyester “big guys” will be busy in 2019.
The most prominent manifestation is that several private refining and chemical projects invested by large chemical fiber companies have been put into operation one after another. On May 17, the “Hengli 20 million tons/year refining and chemical integration project” was announced to be put into operation in Dalian Changxing Island Industrial Park. The project has an aromatics complex with an annual output of 4.5 million tons and adopts advanced AXENS process technology. It is the largest in the world and is a benchmark project for the global petrochemical industry in the new century. On November 3, Hengyi Brunei PMB petrochemical project realized the completion of the entire factory process and put it into full production, successfully producing gasoline, diesel, aviation kerosene, PX, benzene and other products. On December 4, the first ship of PX produced by Hengyi Brunei PMB petrochemical project was unloaded at the self-built terminal in Hainan Yisheng. Following the completion of the entire process and full production on November 3, the project has been close to full capacity in just one month.
On the basis of the successive commissioning of refining and chemical projects, in 2019, represented by large polyester companies, the chemical fiber industry began a new round of investment in PTA projects. At the same time, a number of new polyester and polyester projects It was announced that it would be put into production, and a batch of new polyester, polyester and new material projects were announced.
During the year, Tongkun Group continued to deepen its development and actively expanded its strategic layout. Multiple projects were put into operation and new projects were started in many places. On February 14, Tongkun Group Co., Ltd. announced that it had signed an investment agreement with Jiangsu Rudong Yangkou Port Economic Development Zone, with a planned investment of 16 billion yuan, and medium-term planning to build a PTA project with an annual output of 2×2.5 million tons, 900,000 tons of FDY, 1.5 million tons POY project. In August, the polyester plant of the Hengteng Phase 4 project under Tongkun Group was successfully launched; Hengchao’s 500,000-ton annual intelligent super-simulation fiber project (expected to be put into operation in September 2020) and boiler ultra-low emission energy-saving renovation project, The relocation and expansion project of Youchang Packaging, which has an annual output of 10,000 tons of foam boards, 60,000 tons of liquid titanium dioxide and 4,000 tons of ethylene glycol antimony catalyst, has also started intensively.
On October 12, Tongkun Group’s Haiyan high-tech new materials industry base project was signed in Haiyan, Zhejiang. The project is located in Haiyan Economic Development Zone. It will build 20 sets of surfactant devices and 20 sets of textile oil devices, creating an annual production capacity of 150,000 tons of surfactants and 200,000 tons of spinning oil. On October 18, the signing ceremony for the syngas and steam cooperation of Tongkun Group’s annual output of 1.2 million tons of ethylene glycol project was held at the headquarters of Tongkun Group. The project is located in Longqiao Industrial Park, Lujiang County, Hefei City, and will have an annual production capacity of 1.2 million tons of syngas to produce ethylene glycol. On December 18, the groundbreaking ceremony for the first phase of the Tongkun Beibu Gulf Green Petrochemical Integrated Industrial Base with an annual output of 600,000 tons of styrene project was held in Sandun Area of Qinzhou Port, Guangxi. The total investment of the projectThe competition takes “Future” as its theme and takes ecology, green, environmental protection and sustainable development as its concepts. The collection period for entries is from October 15th to December 26th, 2019. On November 4, the competition’s campus presentation will be held at Beijing Institute of Fashion Technology; from November 7 to 8, the competition’s campus presentation will be held at Wuhan Textile University and Hubei Institute of Fine Arts. The award ceremony and exhibition of award-winning works of the competition will be held during the “China International Textile Yarn (Spring and Summer) Exhibition” held in Shanghai in March 2020.
In addition, during the year, the CV Alliance also participated in the International Textile Federation Conference, TextileExchange Sustainable Development Conference, etc. Through a series of activities and various exchanges, it has effectively promoted mutual understanding and communication among stakeholders, and also enhanced the international visibility of the CV Alliance.
On December 13, the CV Alliance year-end summary meeting was held in Shanghai.
Comments:
Regenerated cellulose fiber has a sustainable source of raw materials , does not compete with grain and cotton for land, has high land utilization, less environmental footprint, and finished products like silk and cotton. In recent years, initiated by global fast fashion brands such as H&M, the fashion industry has paid more and more attention to green and sustainable supply chain issues. Due to its green attributes derived from nature and naturally degradable, regenerated cellulose fiber has attracted more and more downstream attention, and its application in retail brands has rapidly expanded. At present, the output of regenerated cellulose fiber accounts for about 8% of my country’s total chemical fiber output, and it has become the second largest variety of chemical fiber.
Since its establishment, the CV Alliance has been committed to improving the level of green and sustainable development of the industry. Currently, the CV Alliance has 13 member units, involving a production capacity of nearly 3.2 million tons, accounting for approximately 50% of the global regenerated cellulose fiber production capacity. Fulfilling responsibility for nature, the sustainable industrial chain initiative “from woodland to fashion” has also received positive responses from 145 textile companies. </p
