Opportunities Of Cotton Spinning Industry In Sustainable Development Of Textile Industry Chain

In October 9, 2019, the 2019 China Cotton Textile Conference and the Fifth Fifth Annual Meeting of the Chinese cotton textile industry association were held in Wuhan. Zhang Zixin, Secretary General of the regenerated cellulose fiber green development alliance (hereinafter referred to as CV alliance), and representatives of the participants shared the opportunity of the cotton spinning industry in the sustainable development of the textile industry chain, analyzed the causes of sustainable development as a hot topic nowadays, and analyzed the business opportunities in the sustainable development, and introduced the basic situation of the green development alliance of the regenerated cellulose fiber industry. The following are the details of the report:

Sustainable development has become a hot topic nowadays.

At present, green sustainability has become one of the hottest areas in the textile industry chain, and there is more and more demand for Sustainable Textile raw materials. At the 2019 Shanghai yarn exhibition, the products of major cotton textile enterprises have launched the concept of regeneration and sustainable development, and the brand value of products has also been improved. At the same time, the risk of enterprises in the entire supply chain has also been reduced.

Business opportunities for sustainable development

As one of the main raw materials of cotton spinning industry, regenerated cellulose fiber will bring new business opportunities to the whole industry through developing and promoting sustainable regenerated cellulose fiber products through collaboration. At present, in the textile industry chain, there is a third party credit enhancement between the terminal enterprises, production and procurement, emphasizing the source of the terminal products and the green sustainable development of the production links. This requirement is transmitted to the upstream through the industrial chain until the sustainability of fiber materials. According to the requirements of customer needs, the yarn enterprises can make the product premium and bring more orders. This concept has attracted the attention of more international brands. For this reason, the green development alliance of regenerated cellulose fiber industry will gradually improve the sustainable standard on the one hand, and actively connect with the terminal brand enterprises on the other hand.

Green development alliance of regenerated cellulose fiber industry

CV alliance is committed to improving the level of green and sustainable development of the industry, minimizing the impact of regenerated cellulose fiber production and the whole life cycle on the environment. The alliance has 13 member units, involving nearly 3 million 200 thousand tons of capacity, accounting for more than 50% of the world's regenerated cellulose fiber production capacity. The alliance has launched a sustainable initiative to fulfill its responsibilities for nature, from woodland to fashion. Under the efforts of the Chinese cotton textile industry association, 145 textile enterprises have participated in the alliance. They will participate in the alliance as an "industrial chain member". CV alliance's green development three year action plan, Three-Year Action Plan, plans to set up industry information release platform, green industrial chain sharing platform, sustainable development management platform, energy saving and emission reduction technology extension platform, as well as analysis of terminal customer behavior logic in three years.

He expressed the hope that more and more yarn enterprises could establish close ties with the terminal brand enterprises and regenerated cellulose fiber enterprises through the alliance platform, and jointly promote the green transformation and upgrading of the industrial chain.