Recycle Polyester Dty,Recycle Polyester Poy,Recycle Polyester Fdy,Recycle Polyester Chip Manufacturer and Supplier in China

About Us

Zhejiang Jiabao New Fiber Group Co., Ltd., under Jinggong Holding Group, is one of the national largest chemical fibers manufacturers, with the registered capital of CNYO. 3 billion. Our company now has over 1000 staff members and the international first-class polyester production lines whose main production equipment and inspecting equipment were imported from Japan and Germany, including one set of 400,000-ton five autoclaves process polymerization device for semi-dull yarns, the other set for bright yarns, 16 high-speed spinning lines, and the high-speed 768-position winders produced by Japanese TMT Company, and 10 sets of advanced -technology on-line adding equipment. We can produce all kinds of FDY with normal specifications and many series of differential products, especially the fat and thin series products, ful-dull series products,semi-dull black series products, bright black series products, and super coarse denier yarn series renowned in the market, with 50% differential products rate and the annual sales amount of over CNY6 billion. Our company's brand- [Jia Bao Jing" is the well-known brand in this industry. Our products are not only sold to more than 30 provincials/cities but also sold to over 30 countries such as Italy,Germany, America, Turkey, Egypt and Korea. Since the establishment, Jiabao has been walking on "the cooperative road of industry and school and research institution". In 2010 Jiabao cooperated with Donghua University and successfully jointly established the Industrial New Fiber Joint Researching Center. In 2015 Jiabao and Shaoxing University established an industry and school and research institution cooperative center devoting itself to the R&D of functional differential home textiles and garment fabrics. Meanwhile Jiabao positively established the industrial alliance with R&D institutions at home and abroad by the new technologies and together develop new fiber market. Jiabao's new fiber has been in the leading edge of this industry's R&D by the virtue of its management idea- "Technology Is the Most Important" Good Service Makes Brand Well Know and Innovations Develop Blue Ocean. Jiabao Group will continue surpass as ever and always insist on the company's mission- [New Fiber and New Service and New Life" and do our best for the rapid rising of Chinese chemical fiber industry.

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News

08

JUL

Polyester "production cut order" issued a week, the industry chain is undergoing subtle changes

Last week, a polyester factory production cut news touched the heart of the textile people. Including new Fengming, Tongkun, Hengyi and other head polyester factories prepared to jointly reduce production by more than 30%, is expected to reduce output will be more than 4 million tons. In the opinion of xiaobian, polyester manufacturers reduce production, mainly is the contradiction between high inventory of polyester enterprises and weak demand of downstream weaving enterprises, but also mixed with deeper reasons. Profits at the back end of the chain are being squeezed PTA price rise in the first half of the year is completely regardless of the downstream polyester industry affordability of the surreal rise. The domestic textile industry encountered unprecedented difficulties in the second quarter. The demand was depressed to the extreme while the cost soared. But PTA manufacturers can not take all the name, because the processing fee of the PTA industry in the second quarter has been reduced to -100 yuan per ton below. The rare negative processing fee means that PTA once fell into a loss in the whole industry. First, the geopolitical crisis in Ukraine has pushed crude oil prices high, making life difficult for all petrochemical industries. But PTA raw materials - naphtha and PX relatively better situation. Second, the United States imports a large number of aromatic hydrocarbons, such as naphtha, PX, toluene and other used in gasoline blending oil. This year, gasoline prices in the United States exceeded the historical extreme value of $5 a gallon, while hot weather and strong demand for gasoline adjustment this year severely hit the normal balance of aromatic hydrocarbon market. A large number of PX and toluene have been exported to North America, resulting in severe restrictions on the production of

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10

DEC

60% of raw materials are imported from China, but Vietnam launched an investigation on textile raw materials to China! What happened?

In recent years, Vietnam's textile industry has developed rapidly. In 2018, Vietnam has become the world's third largest textile export country after China and India. However, in 2019, although Vietnam's textile exports increased, they were only $39 billion, which failed to reach the target of $40 billion that year. This year, due to the impact of the epidemic, Vietnam's textile industry continues to face problems, and it is estimated that the annual target of US $42.5 billion will not be achieved. At this time, Vietnam, which relies on Chinese raw materials, made unexpected moves in textile raw materials to China. Latest: 60% of Vietnam's textile raw materials relying on China launched an investigation. What's the situation? According to the recent decision No. 1079 / qd-bct issued by the Ministry of industry and trade of Vietnam, Vietnam will launch an investigation into some polyester long fiber (also known as filament yarn) as textile raw materials from China, India, Indonesia and Malaysia. The survey was mainly initiated by Vietnam's leading player in the industry. It is understood that although the industry leader accounts for 67.4% of Vietnam's total polyester long fiber output, it still competes with similar products from China, India and other countries. Therefore, the company hopes to reduce the competitive advantage from other markets such as China through investigation, and finally achieve the goal of developing in Vietnam. Although Vietnam can produce 350000 tons of

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