Xinxiang Chemical Fiber: Raised nearly 1.4 billion to expand the production of ultra-fine denier spandex fiber and other projects

On May 20, Xinxiang Chemical Fiber Co.
, Ltd.
announced that it planned to raise no more than 1.
38 billion yuan for the third phase of the project with an annual output of 100,000 tons of high-quality ultra-fine denier spandex fiber and an annual output of 10,000 tons of biomass cellulose.
Fiber projects and replenishment of working capital
.

The third phase of the project with an annual output of 100,000 tons of high-quality ultra-fine denier spandex fiber

The total investment of the third phase of the project with an annual output of 100,000 tons of high-quality ultra-fine denier spandex fiber is 1.
05 billion yuan;

The project is located in Xinxiang Industrial Cluster Area, Xinxiang City;

After the project is completed, the company will form a new production capacity of 40,000 tons of glossy or translucent ultra-fine denier spandex fiber per year
.

The construction period of the project is from July 2022 to December 2023, with a construction period of 18 months
.

The project plans to use a complete set of continuous polymerization dry spinning technology with 120 spinning shafts, which has a high degree of automation, stable process parameters, high product quality, low material consumption and energy consumption, and good operational benefits
.
Through process adjustment, changing additives and process parameters, the production line of this project is as flexible as possible, and can produce fine denier, ultra-fine denier and other differentiated spandex fibers with special properties such as temperature resistance, chlorine resistance, and easy dyeing
.

Annual output of 10,000 tons of biomass cellulose fiber project

The total investment of the project with an annual output of 10,000 tons of biomass cellulose fiber is 730 million yuan
.

The project is located in Dabanshan Industrial Park, Tumushuke Economic and Technological Development Zone, Xinjiang
.

After the project is completed, the company will form a new production capacity of 10,000 tons of biomass cellulose fibers per year
.

The construction period of the project is from July 2022 to December 2023, with a construction period of 18 months
.

The project plans to use the advanced technology of the biomass cellulose filament industry at home and abroad, and the project equipment plans to use the domestic advanced continuous spinning machine, the spinning machine's transmission system, winding system, traverse system, exhaust system, etc.
A number of optimizations and upgrades have been made, the spinning system is efficient and environmentally friendly, and the applicable product specifications are wide, which is the most advanced intelligent spinning equipment in the industry
.