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The hottest Huafeng plans to build a differentiate

2022-10-16

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Huafeng plans to build a differentiated spandex project in Chongqing Baitao Chemical Park recently, Huafeng spandex signed the investment agreement for the 60000 ton/year differentiated spandex project with the Fuling District Government of Chongqing. It plans to invest about 2billion yuan in one day to build a 60000 ton/year differentiated spandex project in Chongqing Baitao chemical park

the project is planned to be completed in two phases. Among them, the first phase investment is 1.1 billion yuan, and the construction period is 16 months; The second phase investment is 900million yuan

it is reported that the price of spandex rebounded in the first half of the year as the downstream products of spandex had a certain difference in the material selection of parts and components, the demand for fine denier silk increased significantly and exports rebounded. As a large domestic spandex fiber manufacturing enterprise, Huafeng spandex's investment is to seize the market opportunity and improve the market share and the sensor and shell parts ratio and industry position of the motor

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