In The "Shuffle", A Group Of Chemical Fiber Enterprises Stand Out.

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It is the three pillar industry of Keqiao's big textile industry, and is also a traditional superior industry.

However, due to the ups and downs of crude oil prices and the lack of market demand in the past two years, the market of chemical fiber continues to slump.

The chemical fiber industry is experiencing a "shuffle" in the wave of supply side reform: pformation or upgrading or elimination.

Negative growth, chemical fiber industry life is not good.

Far East petrochemical, grant rich chemical fiber......

Mention of these enterprises is very familiar to many Shaoxing people who used to be the giant of Shaoxing chemical fiber industry.

However, due to the continuous downturn in international crude oil prices, domestic and international market demand and other objective factors and extensive management of enterprises and other subjective factors, these chemical fiber production enterprises have been "out".

"This undoubtedly has a great impact on the development of Keqiao chemical fiber industry."

Zhang Jingbo, Secretary General of the Keqiao chemical fiber Association, said the heyday of the chemical fiber industry is disappearing.

"In fact, since 2014, the chemical fiber industry in Keqiao has not had a good life, and there is no profit in the market."

In China, Qian Qing raw material city has been engaged in chemical fiber business for more than 20 years, Mr. Li told reporters.

Indeed, data show that in 2015, Keqiao chemical fiber industry profits plummeted by 70%.

"Last year, Keqiao chemical fiber enterprises are basically in a state of deficit."

Industry insiders said.

Even in the first half of this year, the chemical fiber industry in Keqiao has not recovered. In 1-6 months, the output value of chemical fiber in the region increased by 3.3%.

"The negative growth of Keqiao chemical fiber industry will become normal these years."

Insiders say.

In the "shuffle", a group of chemical fiber enterprises stand out.

Output value increased by nearly 10% and profit growth by 28.7%.

Under the backdrop of the entire chemical fiber industry downturn, a number of high growth and high yield chemical fiber enterprises have come to the fore, such as Gu Tong Road joint stock company, Zhejiang Jin Jia chemical fiber and so on.

"The common point of these enterprises is to take the road of differentiation and functionalization."

Zhang Jingbo analyzed that their products were less affected by raw materials and markets.

The products such as sea guide wire developed and manufactured by GuQing Road chemical fibre company, which are located in Qian Qing, are selling well in the market. Last year, the company paid taxes more than 60 million yuan, an increase of 25%.

In the first half of this year, we continued to maintain growth momentum.

Insiders pointed out that at present, chemical fiber enterprises need to speed up technological pformation and develop differentiated products if they want to get out of the doldrums of overcapacity. In this respect, Keqiao has many successful examples.

Such as Jin Jia chemical fiber company at the end of last year, the chemical fiber industry downturn, the production capacity has been reduced instead of increasing, investment tens of millions of yuan to purchase advanced equipment, expand the production capacity of chemical fiber.

Li Pengyong, chairman of the company, pointed to a row of colourful colored silk displayed on the corridor of his office building. "Small batch and multiple varieties are the new changes in the demand of the chemical fiber industry in the future, and also the business opportunities in the reform."

Facts have proved that Li Pengyong's plan to expand production at the end of last year has been rewarded.

In the first 6 months of this year, the company's output value exceeded 500 million yuan, an increase of nearly 10% over the same period last year.

"Do products that the market does not have and the market needs."

In the four hundred or five hundred ton inventory of the Warburg trading company, which is famous for its special yarn in raw material city, it covers over 900 kinds of special silk products.

"Our company seldom runs polyester filament or even colored silk."

Mr. Lu, a manager, told reporters that those conventional products were greatly influenced by market fluctuations and their profits were thin.

Because of product differentiation, this year's "Warburg commerce" has expanded the storage scale from the current more than 1400 square meters to more than 4000 square meters.