r-PET Bottles – The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province 17-06-2024

r-PET Bottles

r-PET Bottles

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

r-PET Bottles

r-PET Bottles

Polyestertime
ITEM 10/06/2024 17/06/2024 +/-
Bottle grade PET chips domestic market 7,000 yuan/ton 6,980 yuan/ton -20
Bottle grade PET chips export market 895 $/ton 895 $/ton
Filament grade Semidull chips domestic market 6,870 yuan/ton 6,920 yuan/ton +50
Filament grade Bright chips domestic market 6,900 yuan/ton 6,950 yuan/ton +50
Pure Terephthalic Acid PTA domestic market

r-PET Bottles

5,920 yuan/ton 5,910 yuan/ton
-10
Pure Terephthalic Acid PTA export market 730 $/ton 730 $/ton
Monoethyleneglycol MEG domestic market 4,520 yuan/ton 4,450 yuan/ton
-70
Monoethyleneglycol MEG export market 525 $/ton 518 $/ton -7
Paraxylene PX FOB  Taiwan market 1,026 $/ton 1,040 $/ton
+14
Paraxylene PX FOB  Korea market 1,004 $/ton 1,018 $/ton +14
Paraxylene PX FOB EU market 1,120 $/7on 1,120 $/ton
Polyester filament POY 150D/48F domestic market 7,800  yuan/ton 7,850 yuan/ton
+50
Recycled Polyester filament POY  domestic market 7,450 yuan/ton 7,550 yuan/ton +100
Polyester filament DTY 150D/48 F domestic market 9,175 yuan/ton 9,325 yuan/ton +150
Polyester filament FDY 68D24F 8,925 yuan/ton 9,025 yuan/ton +100
Polyester filament FDY 150D/96F domestic market

r-PET Bottles

8,225 yuan/ton 8,325 yuan/ton +100
Polyester staple fiber 1.4D 38mm domestic market 7,430 yuan/ton 7,500 yuan/ton +70
Caprolactam CPL domestic market 13,250 yuan/ton 13,075 yuan/ton
-175
Caprolactam CPL overseas  market 1,650 $/ton 1,650 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,600 yuan/ton 14,400  yuan/ton -200
Nylon 6 chips  high speed spinning domestic  market 15,400 yuan/ton 14,850 yuan/ton -550
Nylon 6.6 chips domestic  market

r-PET Bottles

20,400 yuan/ton 20,400 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,400 yuan/ton 17,000 yuan/ton -400
Nylon6 Filament DTY 70D/24F domestic  market 19,800 yuan/ton 19,350 yuan/ton -450
Nylon6 Filament FDY  70D/24F  18,400 yuan/ton 18,150 yuan/ton -250
Spandex 20D  domestic  marke 32,500 yuan/ton 32,500 yuan/ton
Spandex 30D  domestic  market 31,000 yuan/ton 31,000 yuan/ton
Spandex 40D  domestic  market  28,000 yuan/ton 28,000 yuan/ton
Adipic Acid domestic market

r-PET Bottles

9,850 yuan/ton 9,850 yuan/ton
Benzene domestic market9, 9,330 yuan/ton 9,430 yuan/ton +100
Benzene overseas  market 1,035 $/ton 1,044 $/ton +11
Ethylene South East market 950 $/ton 945 $/ton -5
Ethylene NWE market CIF 770 $/ton 765 $/ton -5
Acrylonitrile ACN  domestic market 9,600 yuan/ton 9,500 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

r-PET Bottles

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,100 yuan/ton 13,200 yuan/ton +100
PP Powder domestic market 7,420 yuan/ton 7,420 yuan/ton
Naphtha overseas market  648 $/ton 676 $/ton +28
Phenol domestic market 7,875 yuan/ton 8,077 yuan/ton +202

r-PET high end eco-friendly chips =8,250 yuan/ton 8,250 yuan/ton   –

r-PET Bottles

The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province

This project stands out as the largest single-investment textile enterprise in the region since the establishment of Longgan Lake, symbolizing a significant advancement for the local textile industry. Jiangsu Hualian Group, a veteran in the textile sector with 35 years of experience, is spearheading this monumental project. r-PET Bottles

General Manager Xu Shaoliang of Jiangsu Hualian Group provided insights into the project’s scope and ambitions. The total investment for the Huazhaolin Textile project amounts to 1.5 billion yuan, encompassing an expansive area of 256 mu. The project blueprint includes the construction of six state-of-the-art factory buildings and the acquisition and installation of 3,888 advanced water-jet looms. Additionally, the project will feature supporting equipment such as high-speed warping machines, automatic drawing-in machines, and post-dyeing finishing apparatus.

The anticipated annual production capacity is 600 million meters of textiles, with a projected output value of 1.2 billion yuan. r-PET Bottles

A central focus of the project is the integration of “green” and “technology” principles. Jiangsu Hualian Group aims to leverage its resources strategically to ensure the project’s success. The timeline for the project is ambitious: within three months, the construction of several factory buildings and the installation of key equipment are expected to be completed. Within five months, the full construction of the factory buildings and commencement of trial production should be achieved. The entire project is slated to be fully operational within eight months.

This project aligns with Longgan Management Zone’s broader strategy to cultivate a 10 billion yuan textile industry cluster. r-PET Bottles

In the first quarter of this year, the zone secured agreements for eight modern textile projects, spanning high-end woolen sweater weaving to differential fabric production, with a collective investment of 3.204 billion yuan. This strategic push has yielded tangible results; the zone saw the addition of four new industrial textile enterprises above the designated size and five provincial-level specialized and innovative textile enterprises. These developments collectively contributed to an impressive 704 million yuan in output value for industrial textile enterprises, marking a 30% increase from the previous year.

The significance of the Huazhaolin Textile integrated project extends beyond its sheer scale. It represents a milestone in Longgan Lake’s industrial evolution, fostering technological advancement and economic growth. r-PET Bottles

The introduction of cutting-edge machinery and equipment underscores the project’s commitment to innovation. The use of advanced water-jet looms, for instance, is expected to enhance production efficiency and product quality, setting new benchmarks for the industry.

Moreover, the project’s focus on green technology is poised to set a precedent in sustainable manufacturing practices within the textile industry. By integrating environmentally friendly processes and machinery, Jiangsu Hualian Group aims to minimize the environmental footprint of its operations.  r-PET Bottles

This commitment to sustainability is increasingly critical in an industry often scrutinized for its environmental impact.

The project also promises substantial economic benefits for the local community. The construction phase alone is expected to generate numerous job opportunities, providing a significant boost to local employment. Once operational, the project will not only create permanent jobs but also stimulate the local economy through ancillary industries and services.  r-PET Bottles

The successful completion and operation of the Huazhaolin Textile project will likely attract further investments and projects to the Longgan Management Zone, reinforcing its status as a burgeoning hub for the textile industry. The project’s scale and ambition exemplify the dynamic growth potential within the region’s industrial landscape.

In summary, the Huazhaolin Textile integrated project is a landmark initiative by Jiangsu Hualian Group, set to transform the textile industry in Hubei Province. r-PET Bottles

With its significant investment, advanced technological integration, and commitment to sustainability, the project is poised to achieve impressive production capabilities and economic contributions. It not only marks a major milestone for Longgan Lake but also sets the stage for future advancements and investments in the region’s textile sector.

The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province