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China’s largest plastic bag manufacturer shuts down production

2008-02-26View Original

Thread Content

As a plastic bag manufacturing company with an annual output value of 2.2 billion yuan and whose scale has ranked first in the industry nationwide for 11 consecutive years, Henan Suiping Huaqiang (including Luohe Huaqiang) suddenly ceased production and operations, and announced its complete transfer.   What caused the shutdown of this industry leader?   There may be three reasons: the introduction of plastic restrictions eliminated the market for non-eco-friendly plastic bags, the implementation of new labor laws increased labor costs, and many local family-owned businesses also had an impact on them. Huqiang’s suspension of production is just an individual case; the plastic restriction regulations state that \"providing them to consumers for free is not allowed,\" which indicates that as long as a reasonable fee is charged, non-eco-friendly plastic bags still have a market. ”To survive, enterprises must engage in proactive transformation.   It is understood that many companies have set their sights on environmentally friendly, biodegradable plastic products. Henan Huadan Fully Biodegradable Plastics Co., Ltd. has invested 300 million yuan to build an industrial park for fully biodegradable plastics with an annual production capacity of 300,000 tons ; Henan Tianguan has also established a pilot production line for fully biodegradable plastics with an annual capacity of 500,000 tons (200,000 tons are already in operation).   Eco-friendly plastic bags will be a trend.
Reply #22008-02-27
This is a very normal thing! :L
Reply #32008-02-29
  It is understood that many companies have set their sights on environmentally friendly, biodegradable plastic products. Henan Huadan Fully Biodegradable Plastics Co., Ltd. has invested 300 million yuan to build an industrial park for fully biodegradable plastics with an annual production capacity of 300,000 tons ; Henan Tianguan has also established a pilot production line for fully biodegradable plastics with an annual capacity of 500,000 tons (200,000 tons are already in operation). < Ben: L :L :L Many people are highly skeptical about this claim; it seems that the global sales volume of true biodegradable materials in 2007 wasn’t even that high. Why are domestic companies so eager for grand achievements? ? :L :L :L :L
Reply #42008-03-19
It’s forced by social trends; there’s nothing we can do
Reply #52008-03-21
There must be some problem; it can’t be that simple on the surface.
Reply #62008-03-23
**It can no longer be used, so of course it shuts down – that’s normal
Reply #72008-03-24
Chinese companies focus more on their own interests and never consider the future survival of humanity; they deserve to go bankrupt. But if they do go bankrupt, other companies will step in. Don’t worry – there will always be companies with a long-term vision that will take over. :)
Reply #82008-05-22
Compressing fixed assets, transforming production: lol :lol
Reply #92008-06-12
At present, **it is only stipulated that supermarkets and farmers’ markets may charge for its use; therefore, it is likely not related to a plastic restriction order, and there must be other reasons.
Reply #102008-06-12
Total transfer – they’re not playing anymore.

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