Jiangsu Shenghong starts new 200,000 t/yr polyester yarn unit

10 June 2010 09:52  [Source: ICIS news]

SINGAPORE (ICIS news)--China’s Jiangsu Shenghong Chemical Fibre has started a new 200,000 tonne/year polyester yarn plant in Shengze, Jiangsu province, on 9 June, a company source said on Thursday.

“We successfully started up the new plant yesterday [Wednesday], but the operating rate will be maintained at low levels of around 50% for several days,” the source said.

The firm's new factory was a current direct spinning plant modified from a chip spinning unit formerly owned by Wujiang Differentiated Fibre, which was acquired by Jiangsu Shenghong in 2009, he said.

A direct spinning unit produces polyester yarn directly from purified terephthalic acid (PTA) and monoethylene glycol (MEG), while a chip spinning unit uses polyester chip as a raw material.

With the new plant, Jiangsu Shenghong’s total polyester yarn capacity has reached 800,000 tonnes/year.

“Our target is to expand polyester yarn capacity to a total of 1.4m tonne/year in two years,” he said, adding that the company had the confidence to remain competitive due to its leading position in super thin yarn production in China.

To discuss issues facing the chemical industry go to ICIS connect

By: Becky Zhang
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly