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Domestic textile mills are mostly export-oriented and OEM-oriented. Since the Sino-US trade war began, international brand customers have prevented related shocks. In the past six months, they have reduced supply from mainland China, and therefore, including the upstream Far East new, well-being and downstream. Confucian scholars, Juyang and other manufacturers have a conservative attitude toward investment plans for mainland production bases in the short term, and then transferred to Southeast Asia markets such as Vietnam to expand investment.
Far East New has chemical fiber production in Shanghai, Suzhou and Wuhan. Suzhou and Wuxi have textile production. The latest expansion plans are mainly targeted at Taiwan, Vietnam and the United States. There is no new expansion in the mainland in the short term. Welfare has a dyeing and finishing plant in Changshu, a weaving and dyeing and finishing plant in Zhongshan. Under the influence of the Sino-US trade war, the recent expansion of the company is mainly to expand the production capacity of the long-fiber fabric of the Longan plant in Vietnam, and the factory of the Dong Nai weaving factory in Vietnam. The textile fabric production equipment is mainly replaced by old ones.
The production costs in mainland China are getting higher and higher. In recent years, Taiwan textile mills have moved their factories to countries with lower production costs such as Vietnam. The Sino-US trade war may accelerate the downstream production of textiles to reduce the scale of mainland production. In December 2016, Confucianism announced the end of the Younizi Textile and Garment Company in Wuxi, Jiangsu Province, which completely ended its production in China and turned to Southeast Asia.
Most of the 12 garment factories owned by Confucianism are in Vietnam, Cambodia and other places. This year, Confucian's expansion of the Vietnam Exhibition Factory and the Meichun Plant have also been launched. Juyang’s production capacity in mainland China’s production base is only 6%. It is optimistic about the prospect of Vietnam’s textile supply chain. The investment expansion of Juyang is also dominated by Vietnam and Indonesia.
Xuzhou Peace Chemical Fiber Co., Ltd. is a medium-sized chemical fiber enterprise that integrates spinning, double twisting, thread making and weaving. It adheres to the business philosophy of "quality first, customer first", advanced production technology and strict quality control system. After-sales service, we provide you with a series of chemical fiber products such as the highest quality polypropylene high strength wire.
"Peace" brand polypropylene high strength wire has good high strength, anti-aging, wear resistance, acid and alkali resistance, light weight, and polypropylene high strength wire can completely replace polyester. In addition to polypropylene high strength wire, there are many chemical fiber products. For more details, please feel free to contact us. Which strong silk production is strong, is the "Xuzhou Peace Chemical Fiber Co., Ltd."! !