This year’s Spring Festival, “festival consumption” has made a good start, making people feel that the consumer market, which has been weak for several years, is recovering.
The expectation of market recovery has boosted the confidence of textile and chemical fiber companies. Since the seventh day of the Lunar New Year, chemical fiber companies have held the “First Meeting of the New Year” to deploy production, operations and sales, plan and arrange key tasks for the new year; many chemical fiber companies have reported investment and construction of new projects; a number of chemical fiber companies are under construction. New projects are also being accelerated to meet construction deadlines and strive to be put into production as soon as possible.
“The beginning of the year is the start of the race, and we must sprint from the beginning!” “Fight the first quarter and strive for a good start.” This has become the common goal of all chemical fiber companies. What is the status of a batch of new investment projects and projects under construction? How do chemical fiber companies view the market conditions in the first quarter? In what aspects will the company promote high-quality development in the new year?
Some production lines did not stop during the Spring Festival
Large polyester companies generally implement continuous production throughout the year. Even during the Spring Festival holiday, only a small number of production lines are scheduled to stop production.
The reporter of “China Textile News” learned during the interview that during the Spring Festival, about 85% of the employees of Tongkun Group were on duty, about 80% of the workers of Shenghong Group were on duty, and the employee on-duty rate of Hengshen Group was About 90%. Various companies have formulated a series of heart-warming policies to motivate employees. As of the tenth day of the first lunar month, Tongkun’s employee return rate exceeded 95%, Shenghong’s employee return rate exceeded 92%, and Hengshen’s employee return rate reached 95%.
Recruitment specialists from Tongkun’s Hengchao Project and Jiatong Project came to Wenshan Prefecture and Zhaotong City, Yunnan Province during the Spring Festival. On behalf of the company, they visited employees who returned home to visit relatives and the families of employees who stayed on the job, and gave them We sent New Year greetings and held many local job fairs.
“Qiaojia County, Zhaotong City is located on the Yunnan-Guizhou Plateau, where the mountains are high, the valleys are deep, and the roads are rugged and narrow. The recruitment specialists overcame many difficulties and visited various towns and villages, touching many employees. After the Spring Festival, they were on the first It’s time to return to work.” said a recruitment specialist from Tongkun.
In Hengyi Group, from the polyester sector to the nylon sector, and from the headquarters in Xiaoshan, Hangzhou to Keqiao, Shaoxing, all factories insist on production during the Spring Festival.
At Hangzhou Yijing Chemical Fiber Co., Ltd., more than 1,200 employees stick to their posts to ensure continuous production. The company’s 21 production lines remain in operation, with a daily output of polyester of 1,600 tons to 1,800 tons. At Hangzhou Yichen Chemical Fiber Co., Ltd., which produces nylon chips, the number of employees on the job is more than half of usual.
On January 30, Hengyi held the “First Meeting of the New Year” to deploy production and operation work, point out the direction and focus of the work in 2023, and arrange for the orderly promotion of the resumption of production after the Spring Festival. Qiu Jianlin, chairman of Hengyi Group, said: “The ‘fireworks’ of this Spring Festival are booming again, and the consumer market has picked up, making a good start for economic recovery. The main task of enterprises at present is to orderly promote the resumption of production after the holiday. The company must consolidate its responsibilities and go all out to ensure a good start in the first quarter and lay a solid foundation for completing the full-year goals and tasks.”
In the carbon fiber industry, companies are generally “but” Chinese New Year holiday.
In Weihai, Shandong, in order to ensure the supply of finalized products and deliver carbon fiber products to customers according to nodes, during the Spring Festival, Weihai Tuan Fiber Co., Ltd., a wholly-owned subsidiary of Weihai Guangwei Composite Materials Co., Ltd., had nearly 800 employees Employees have always been on the front line of production, making every effort to ensure the production and supply of finalized products.
“Orders are responsibilities, and ensuring timely delivery is our mission. Every Spring Festival, we ensure normal production as usual, and everyone goes to work normally. On the weekends during the Spring Festival, I took a day off. Over the years, everyone We are all used to this rhythm.” said a person in charge of Tuduo Fiber Company.
In Lianyungang, Jiangsu and Xining, Qinghai, during the Spring Festival, all production lines at the two major production bases of Zhongfu Shenying Carbon Fiber Co., Ltd. were operating at full capacity and maintained normal production.
“The current carbon fiber market is good. The production lines of various companies are basically operating at full capacity. Everyone is generally too busy, so they will not take a break during the Spring Festival and try their best to ensure production.” A person in the carbon fiber industry said .
A number of new projects under construction boost confidence
Just after the Spring Festival holiday, many chemical fiber companies reported news of investing in new projects, adding to the “good start” for the industry and enterprises. It brings joy and boosts confidence.
On January 28, Hengli Group announced that the Hengli Heavy Industry Industrial Park located on Changxing Island, Dalian, was put into operation. The industrial park is committed to building a world-class green shipbuilding and high-end equipment manufacturing base, focusing on six major sectors including shipbuilding, marine engineering, and engines. After full production, Hengli Heavy Industry Group can deliver 40 ships per year. Chen Jianhua, chairman and president of Hengli Group, said that this is the “first step” for Hengli in 2023, starting Hengli’s new journey of “second entrepreneurship” in Changxing Island, and also enabling Hengli to usher in petrochemical and high-end coastal industries. A new situation of complementary advantages and coordinated development of equipment manufacturing.
On January 31, Shenghong Holding Group announced that the 60GWh energy storage battery super factory and new energy battery research institute project with a total investment of 30.6 billion yuan were signed and settled in Zhangjiagang, Jiangsu. After the project reaches full production, annual revenue is expected to exceed 56 billion yuan. Among them, the first phase of the 24GWh project and the new energy battery research institute with an independent entity, which will be implemented immediately after the project is signed, have a total investment of 14 billion yuan and are planned to be completed within 3 years. After reaching capacity, it is expected to achieve annual revenue of 24 billion yuan.
Director of Shenghong Holding GroupMiu Hangen said that this is another major layout for Shenghong to further promote the “1+N” new energy and new materials strategy. Shenghong will focus on creating a “one-stop” green energy storage solution for high-performance lithium battery cell production, battery assembly, and system integration, and rely on the research institute to fully promote breakthroughs in new energy storage technologies.
In addition, Fuhaichuang Petrochemical Co., Ltd., a subsidiary of Fujian Nenghua Group, also recently announced the launch of a PTA expansion project with an annual output of 3 million tons. The project plans a total investment of 5.77 billion yuan, and will implement an expansion project with an annual output of 3 million tons of PTA based on the existing 4.5 million tons of PTA production equipment.
At the same time, a number of projects under construction are currently working hard to meet the deadlines and progress, striving to put into production as soon as possible.
In Sinopec Yizheng Chemical Fiber Co., Ltd., the civil structure of the silo of the PTA project with an annual output of 3 million tons was successfully capped on January 17. This project is a “dual key project” of Jiangsu Province and Sinopec, and also a “leading project” for the transformation and upgrading of Yizheng Chemical Fiber during the “14th Five-Year Plan”.
In the Shenyuan New Materials Integrated Industrial Park in Fujian, from the Spring Festival to now, the first and second phases of the electronic special gas project have entered the key node of start-up trial production. This project is one of the key projects in the transformation and upgrading of Hengshen Group. Once put into operation, Hengshen will complete its extension into the field of high-purity semiconductor materials and effectively alleviate the shortage of domestic supply of scarce chemical products. The first and second phases of the Shenyuan New Materials Integrated Industrial Park, invested and constructed by Hengshen Group, have been put into production and have become the world’s largest caprolactam (CPL) production base. The industrial park’s projects involve chemical industry, chemical fiber, new materials and other fields. Currently, there are 17 projects in production and 34 projects under construction or planned. The total output value is expected to exceed 100 billion yuan.
In Fujian Yongrong Holding Group, its caprolactam phase II project is currently making intense preparations for the start-up. The pressure test of the process pipeline of the caprolactam production unit has completed 95% of the progress. The laying of instrument cables and electrical The instrument interlocking debugging has been completed, and it is expected to be completed on February 15.
Data from the National Bureau of Statistics show that from January to December 2022, the fixed asset investment in my country’s chemical fiber industry increased by 21.4% year-on-year.
The recovery of demand determines the market situation in the first quarter
As many new projects are launched or steadily advanced to achieve a “good start”, people in the chemical fiber industry are concerned about whether the subsequent market conditions will also be the same. Become popular.
Data from China Fiber Network shows that from January 28 to February 1, the mainstream price of 150D/48F POY products in the Zhejiang market rose from 7,475 yuan/ton to 7,600 yuan/ton – 7,700 yuan / ton, the mainstream market price of 150D/48F DTY products has increased from 8,700 yuan / ton to 8,800 yuan / ton – 8,900 yuan / ton.
Zhao Cheng, an expert in the polyester industry of China Fiber Network, said that judging from the recent market conditions, the quotations of polyester manufacturers in Jiangsu and Zhejiang are mostly stable. However, the wait-and-see atmosphere in the market is still strong. In the downstream of polyester As weaving and texturing plants have not yet fully resumed operations, it is expected that the polyester filament market will have a high probability of maintaining adjustment in the short term.
The general manager of a medium-sized polyester company in Jiangsu said that although the polyester industry reduced production and burden during the Spring Festival, many downstream weaving mills had more stocks before the Spring Festival, so the polyester market still has a certain amount of inventory after the holiday. . Since the holiday, although the price of polyester filament has increased, and the price of some products has even increased by more than 1,000 yuan per ton compared with before the holiday, overall, it is expected that the price of polyester filament will not rise sharply in the near future. The low production and sales of polyester factories The status will last for some time.
The general manager of a subsidiary of a large polyester company in Zhejiang said: “Although the fireworks during the Spring Festival this year are strong, the recovery of textile market demand will still take time.”
However, in the medium term Look, the polyester market is expected to bottom out and rebound in the first quarter.
Mei Feng, chief engineer of Shenghong Group, said: “In the future, as polyester downstream weaving companies resume work one after another, there will be a need to restock raw materials, and the polyester filament industry will usher in seasonal demand. Overall Look, with the implementation of policies to promote economic recovery and promote consumption in various places, the domestic demand market will gradually be repaired, and the polyester industry’s production capacity will be cleared. It is expected that the profits of polyester filament will bottom out in the first quarter.”
Overall, the extent to which the chemical fiber market can recover still depends on the recovery progress of end-use textile market demand. In the face of a still uncertain market environment, no matter what type of enterprise, it is fundamental to continue to promote high-quality development.
Chen Jianlong, Chairman of Hengshen Group, said: “In the new year, Hengshen will further explore and develop the innovative management model of Fujian Shenyuan Industrial Park Management Company, fully promote the construction of projects under construction, and make it bigger and stronger. ‘Dual main businesses’, making steady progress towards the construction of a 100-billion-yuan international brand industrial cluster for chemical fiber, chemical and new materials.”
“Facing the new normal and new challenges in the market, Hengyi must develop new skills and continuously strengthen Inventory control, form a long-term supervision mechanism, and adopt more flexible business management strategies.” Qiu Jianlin said, “We must unswervingly attach importance to and support scientific research and innovation work, actively develop new products, open up new fields, expand the promotion and use of major technologies Results, enhance the core competitiveness of the market, accelerate the efficient implementation of scientific and technological innovation strategies, and strive to move forward towards the corporate vision of ‘becoming one of the world’s first-class petrochemical industry groups’.”
Vice Chairman of Tongkun Group Chen Lei said: “In the new year, various uncertain factors have not been eliminated. Tongkun must anchor two major determinations, including ‘unswervingly adhering to the strategic determination of industrial extension of the main business sector and adhering to the all-round development of the holding sector. We must not relax our strategic focus; we must promote five major changes, including focusing on digital transformation, promoting the transformation and upgrading of traditional industries, focusing on innovative development, gathering new momentum for industrial development, focusing on high-level team building, leading the high-quality development of enterprises, and focusing on ‘going Go Out’ strategy opens a new chapter in the global layout, focuses on sustainable development, and interprets the mission of a community with a shared future for mankind. This promotes Tongkun to move forward bravely despite the waves.”
“The strategic determination to maintain the industrial extension of the main business sector will not waver, and the strategic determination to adhere to the comprehensive development of the holding sector will not relax’; we must promote five major changes, including focusing on digital transformation, promoting the transformation and upgrading of traditional industries, focusing on innovative development, Gather new momentum for industrial development, focus on high-level team building, lead the high-quality development of enterprises, focus on the ‘going out’ strategy, open a new chapter in global layout, focus on sustainable development, and interpret the mission of a community with a shared future for mankind. This pushed Tong Kun to move forward bravely in the choppy waves. ”
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