Xinxiang Chemical Fiber To Build Second Phase Of Superfine Denier Spandex Project

Company Performance

Xinxiang Chemical Fiber To Build Second Phase Of Superfine Denier Spandex Project

China's Xinxiang Chemical Fiber announced to start a 100kt/year high-quality super-fine denier spandex project (Phase II) in order to make a full use of spandex, optimise product structure and stabilise spandex production size. The second phase will produce superfine spandex, with annual production at 30kt, which is located in Xinxiang Economic and Technological Development Zone and is scheduled to start operation in Q2 2021. The project is supposed to take 18 months for construction and covers 1.018 billion yuan of investment, which will provide 1.06 billion yuan of sales income and create 184 million yuan of new profit after operation. The project adopts continuous polymerisation dry spinning process. Key process equipment will be introduced and auxiliary process equipment and public works equipment will use new domestic equipment. The core technology and equipment adopt 120-end advanced high density spinning system in the world.