Xinxiang Chemical Fiber: Plans to carry out the second phase of the \"100,000 tons per year production of functional spandex fiber project\"”

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According to a report from March 2, 2026, Xinxiang Chemical Fiber announced that in order to make full use of the company’s production resources for spandex fibers, optimize its product portfolio, increase the scale of spandex fiber production, enhance the competitiveness of its products in the market, and improve the company’s economic performance, it plans to carry out the second phase of the \"100,000 tons per year production project for functional spandex fibers\". The second phase of the project at Xinxiang Chemical Fiber Co., Ltd., which aims to produce 100,000 tons of functional spandex fibers per year, involves the production of ultra-fine denier spandex fibers, with an annual production capacity of 50,000 tons. The construction site is located in the **Xinxiang Economic and Technological Development Zone**. The total investment for this project is approximately 1.05 billion yuan. The company will, depending on the actual circumstances, use various methods including bank loans to raise funds for the project. The project is scheduled to begin construction in the third quarter of 2026, with a construction period of 14 months. This project focuses on the development and production of differentiated functional spandex products. In terms of process equipment, continuous polymerization and dry spinning production processes are employed. The core technologies and key equipment include industry-exclusive spinning channels with 150/200 nozzles, as well as high-efficiency winding machines and polymerization equipment, all integrated with automatic yarn dropping and intelligent sorting systems. In terms of process control, digital and intelligent technologies are fully utilized to achieve precise monitoring and intelligent management of the entire production process. In terms of power supply, high-performance server rooms are constructed, and intelligent algorithms are used to achieve precise scheduling and optimized allocation of energy; this helps to significantly reduce production energy consumption while continuously improving product quality. Upon reaching full production capacity, this project is expected to generate an additional annual sales revenue of 1.25 billion yuan, with additional annual sales profits of around 150 million yuan. Once the project is completed, the company’s market competitiveness will further increase.