This Spring Festival, the beginning of "holiday consumption" has made people feel that the consumer market, which has been weak for several years, is recovering.
The expectation of market recovery is boosting the confidence of textile and chemical fiber enterprises. Since the seventh day of the Chinese New Year, chemical fiber enterprises have held the "Spring Festival First Session" to deploy production, operation, and sales, plan and arrange key tasks for the new year; Multiple chemical fiber enterprises have spread news of investing in and constructing new projects; A batch of new projects under construction are also accelerating their progress, seizing the construction period, and striving for early production.
At the beginning of the new year, it's time to start running, and at the beginning, it's time to sprint! "" Strive for a quarter and make a good start. "This has become a common goal for all chemical fiber enterprises. What is the situation of a batch of new investment projects and ongoing projects? How do chemical fiber enterprises view the market situation in the first quarter? What aspects will the enterprise focus on promoting high-quality development in the new year?
Some production lines have not been shut down during the Spring Festival
Large polyester enterprises generally implement continuous production throughout the year, and even during the Spring Festival holiday, only a small number of production lines are arranged to stop production.
According to an interview with China Textile News, during the Spring Festival, about 85% of employees of Tongkun Group were on duty, about 80% of workers of Shenghong Group were on duty, and the employee on duty rate of Hengshen Group was about 90%. Various enterprises have formulated a series of heartwarming policies to motivate employees. As of the tenth day of the first lunar month, the return rate of employees in Tongkun has exceeded 95%, the return rate of employees in Shenghong has exceeded 92%, and the return rate of employees in Hengshen has reached 95%.
The recruiting specialists of Hengchao Project and Jiatong Project under Tongkun came to Wenshan Prefecture and Zhaotong City of Yunnan Province during the Spring Festival, visited the family members of the employees who returned home to visit their relatives and those who stayed on duty on behalf of the company, sent them New Year greetings, and held several job fairs locally.
"Qiaojia County of Zhaotong City is located in the the Yunnan-Guizhou Plateau, where the mountains are high and the valleys are deep, and the roads are rough and narrow. Recruiters overcame many difficulties and traveled through various villages and towns, touching many employees. After the Spring Festival, they returned to their posts at the first time." A recruitment specialist in Tongkun said.
At Hengyi Group, from the polyester sector to the nylon sector, from the headquarters in Xiaoshan, Hangzhou to Keqiao, Shaoxing, all factories adhere to production during the Spring Festival.
At Hangzhou Yiyi Chemical Fiber Co., Ltd., more than 1200 employees hold their positions to ensure continuous production. The company's 21 production lines remain operational, with a daily polyester production capacity of 1600 to 1800 tons. At Hangzhou Yichen Chemical Fiber Co., Ltd., which produces nylon chips, the number of employees on duty exceeds half of their usual level.
On January 30th, Hengyi held the "First Session of the Spring Festival" to deploy production and operation work, set the direction and focus for the work of 2023, and arrange for the orderly promotion of production resumption after the Spring Festival. Qiu Jianlin, Chairman of Hengyi Group, said, "The 'fireworks' of this Spring Festival have flourished again, and the consumer market has warmed up, which has set a good start for the economic recovery. The main task of the current enterprise is to orderly promote the resumption of production after the holiday. The company needs to compact its responsibilities and make every effort to ensure a good start and start in the first quarter, laying a solid foundation for completing the annual target tasks
In the carbon fiber industry, it is common for enterprises to miss the Spring Festival holiday.
In Weihai, Shandong Province, in order to ensure the supply of standardized products, carbon fiber products are delivered to customers according to the milestones. During the Spring Festival, nearly 800 employees of Weihai Guangwei Composite Materials Co., Ltd., a wholly-owned subsidiary of Weihai Expanding Fiber Co., Ltd., have been sticking to the production line and fully ensuring the production and supply of standardized products.
Orders are the responsibility, ensuring timely delivery is the mission. Every Spring Festival, we maintain normal production and everyone goes to work as usual. During the weekend of the Spring Festival, I took a day off. Over the years, everyone has become accustomed to this rhythm, "said a person in charge of Expanding Fiber Company.
During the Spring Festival in Lianyungang, Jiangsu and Xining, Qinghai, the production lines of the two major production bases of Zhongfu Shenying Carbon Fiber Co., Ltd. were operating at full capacity and maintaining normal production.
At present, the market situation for carbon fiber is good, and the production lines of various enterprises are basically running at full capacity. Everyone is generally busy, so the Spring Festival is not a break, and we are fully committed to ensuring production, "said a carbon fiber industry insider.
A batch of new and ongoing projects boost confidence
Just after the Spring Festival holiday, several chemical fiber companies reported investing in new projects, adding joy and boosting confidence to the industry and enterprises' 'successful start.'.
On January 28, Hengli Group announced that the Hengli Heavy Industry Industrial Park located in Changxing Island, Dalian was put into operation. The industrial park is committed to building a world-class green ship construction and high-end equipment manufacturing base, with a focus on building six major sectors including shipbuilding, ocean engineering, and engines. After full production, Hengli Heavy Industry Group can deliver 40 ships annually. Chen Jianhua, chairman and president of Hengli Group, said that this was the "first stick" of Hengli in 2023, which opened a new journey of "second entrepreneurship" of Hengli in Changxing Island, and also ushered in a new situation of complementary and coordinated development of petrochemical and high-end offshore equipment manufacturing.
On January 31, Shenghong Holding Group announced that a 60GWh energy storage battery Ultimate Factories with a total investment of 30.6 billion yuan and a new energy battery research institute project were signed and settled in Zhangjiagang, Jiangsu. The overall project has reached its full capacity and is expected to generate an annual revenue of over 56 billion yuan. Among them, the first phase of the 24GWh project and the independent new energy battery research institute, which will be implemented after the project is signed, have a total investment of 14 billion yuan and are planned to be completed within 3 years. After reaching the production capacity, it is expected to achieve an annual revenue of 24 billion yuan.
Miao Hangen, Chairman of Shenghong Holdings Group, stated that this is another major layout for Shenghong to deeply 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 the breakthrough of new Energy storage.
In addition, Fuhai Chuang Petrochemical Co., Ltd., a subsidiary of Fujian Nenghua Group, recently announced the launch of an annual production of 3 million tons of PTA expansion project. The project plans to have a total investment of 5.77 billion yuan and will implement an annual production of 3 million tons of PTA expansion project on the basis of the existing 4.5 million tons of PTA production equipment.
At the same time, a group of ongoing projects are also working hard to seize the construction period and progress, striving to start production as soon as possible.
In Sinopec Yizheng Chemical Fibre 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 the "double key project" of Jiangsu Province and Sinopec, and also the "leading project" of Yizheng Chemical Fibre's transformation and upgrading during the "14th Five Year Plan".
At the Shenyuan New Materials Integrated Industrial Park in Fujian, from the Spring Festival period to the present, the Phase I and Phase II project of Electronic Special Gas has entered a critical stage of start-up and trial production. This project is one of the key projects for the transformation and upgrading of Hengshen Group. After being put into operation, it will enable Hengshen to complete its extension to the field of high-purity semiconductor materials, effectively alleviating the shortage of domestic scarce chemical product supply. Shenyuan New Material Integration Industrial Park invested and constructed by Hengshen Group has put the first and second phase polyamide integration projects into operation, and has become the world's largest Caprolactam (CPL) production base. The projects of this industrial park involve multiple fields such as chemical engineering, chemical fiber, and new materials. Currently, 17 projects have been put into operation, and 34 are 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 intensive preparations for feeding and start-up. The process pipe pressure test of Caprolactam production unit has completed 95% of the progress, and the instrument cable laying and electrical instrument interlocking commissioning have been completed. It is expected that the intermediate delivery will be realized on February 15.
Data from the National Bureau of Statistics shows that from January to December 2022, fixed assets investment in China's chemical fiber industry increased by 21.4% year on year.
The recovery of demand determines the market situation in the first quarter
With multiple new projects landing or steadily advancing to achieve a "good start", people in the chemical fiber industry are concerned about whether the market situation can also become prosperous in the future.
According to data from China Fiber Network, from January 28th to February 1st, the mainstream price of POY products for 150D/48F in the Zhejiang market increased from 7475 yuan/ton to 7600 yuan/ton to 7700 yuan/ton, and the mainstream price of DTY products for 150D/48F increased from 8700 yuan/ton to 8800 yuan/ton to 8900 yuan/ton.
Zhao Cheng, an expert in the polyester industry of China Fiber Mesh, stated that based on recent market conditions, the quotations of polyester manufacturers in the Jiangsu and Zhejiang regions are mostly stable. However, the wait-and-see atmosphere in the market is still strong. With downstream polyester weaving and texturing factories not yet fully resuming work, it is expected that the probability of maintaining adjustment in the polyester filament market in the short term is high.
The general manager of a medium-sized polyester enterprise in Jiangsu stated that during the Spring Festival, although the polyester industry reduced production and burden, many downstream textile factories had more inventory before the year, so there was still a certain accumulation of inventory in the polyester market after the holiday. Since the holiday, although the price of polyester filament has increased, with some products even rising by over 1000 yuan per ton compared to before the holiday, overall, it is expected that the price of polyester filament will be difficult to rise significantly in the near future, and the low production and sales status of polyester factories will continue for a period of time.
The general manager of a subsidiary of a large polyester enterprise in Zhejiang said, "Although there is a strong atmosphere of fireworks during this year's Spring Festival, the recovery of demand in the textile market still takes time
However, in the medium term, there is an expectation of a bottoming out and recovery in the polyester market in the first quarter.
Mei Feng, Chief Engineer of Shenghong Group, said, "In the future, as downstream polyester weaving enterprises resume work and there is a demand for restocking of raw materials, the polyester filament industry will experience a seasonal increase in demand. Overall, as various regions promote economic recovery policies and consumer policies continue to be implemented, the domestic demand market will gradually be repaired. With the clearance of production capacity in the polyester industry, it is expected that the profit of polyester filament in the first quarter will hit the bottom and rebound
Overall, the extent to which the chemical fiber market can recover still depends on the progress of the recovery of demand in the terminal textile market. Facing the still uncertain market environment, no matter what type of enterprise, continuously promoting high-quality development is the fundamental.
Chen Jianlong, chairman of Hengshen Group, said: "In the new year, Hengshen will further explore and develop the Innovation management mode of Fujian Shenyuan Industrial Park Management Company, fully promote the construction of projects under construction, expand and strengthen the" double main businesses ", and steadily move forward to the construction of an international brand industrial cluster of chemical fiber and new materials worth 100 billion yuan."
Chen Lei, Vice Chairman of Tongkun Group, stated: "In the new year, all kinds of uncertainties have not been eliminated. Tongkun needs to anchor two major strengths, including 'unswervingly adhere to the strategic strength of industrial expansion in the main business sector, and unswervingly adhere to the strategic strength of comprehensive development in the holding sector'; to 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, and leading enterprises to high-quality Quantitative development, focusing on the "going global" strategy, opening a new chapter in the global layout, focusing on sustainable development, and interpreting the mission of the Community of Common Destiny. From this, Tongkun is pushed forward bravely in the process of chopping and chopping waves
Chen Lei, Vice Chairman of Tongkun Group, stated: "In the new year, all kinds of uncertainties have not been eliminated. Tongkun needs to anchor two major strengths, including 'unswervingly adhere to the strategic strength of industrial expansion in the main business sector, and unswervingly adhere to the strategic strength of comprehensive development in the holding sector'; to 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, and leading enterprises to high-quality Quantitative development, focusing on the "going global" strategy, opening a new chapter in the global layout, focusing on sustainable development, and interpreting the mission of the Community of Common Destiny. From this, Tongkun is pushed forward bravely in the process of chopping and chopping waves
