Fu Anna Home Textile Promotes Research And Development Force &Nbsp, To Cope With Rising Textile Raw Material Prices.
"Cotton prices are up.
Small brands
There is a lot of pressure on bedding companies, many of them have already increased their prices.
Lin Guofang, chairman of Shenzhen fuanna household products Limited by Share Ltd, said that even for the home textile giant such as fuanna, it also felt the impact of the recent rise of raw materials such as cotton products.
"However, price from
Upstream cotton
It will take time for raw materials to go up to the demand of textile enterprises.
He said that, as early as six months ago, the company had formulated strategies in advance, making use of the difference between the peak season and the good season to make procurement plans and purchase large quantities of billet raw materials, thus greatly reducing the cost.
"We are now starting to choose other textile materials such as hemp and also to use chemical fiber and other new materials, technologies and processes to reduce costs."
Lin Guofang said that R & D innovation is playing an increasingly important role in traditional enterprises such as home textiles.
Fuanna
Each year, 3% of sales revenue is invested in R & D.
For this reason, fuanna recently established a strategic cooperative relationship with Donghua University to launch postgraduate textile technology and art research and practice base.
"Experts from Donghua University, as the academic leader of Fu Anna high tech R & D, have led the full-time research and development personnel of fuanna, focusing on the research and development of the technology projects agreed by both sides.
Some scientific research achievements of Donghua University will also take the lead in Fuyuan's industrialization.
It is reported that the "antibacterial quilt" developed by the two sides, such as bamboo fiber, corn fiber, soybean fiber and other new fibers, has been successfully put into the market.
"In this way, we will not only be able to raise the pressure of cost increase, but also have the ability to try not to raise the price of products as much as possible."
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