Nylon textile fabric leader is expected to benefit from domestic substitution of adiponitrile

The company is the leader of nylon textile fabrics in China, with significant advantages in vertical integration. At present, it has formed a complete nylon textile industry chain including nylon spinning, weaving, dyeing and finishing, with significant advantages in industrial vertical integration. Through the distribution of subsidiaries and sub subsidiaries, the company has achieved the distribution of differentiated products, recycled nylon products, weaving, dyeing and finishing and other back-end links of the industrial chain. The product differentiation and functional characteristics are significant, and the added value of the product is constantly improving. As a leading nylon company with integrated advantages, the company has gradually accelerated the layout of PA66 civil filament and other fields. According to the announcement, the first phase of Huai'an Taihua Green Multifunctional Nylon New Material Integration Project has been fully started as planned. It is estimated that the plant will be completed by the end of the year. In the future, as the "120000 ton high-performance environment-friendly nylon fiber project" and the "green multi-functional nylon new material integration project" are gradually promoted, The company is expected to fully benefit from the increased demand for PA products, high production technical barriers and localization of raw materials, so as to improve its profitability.
PA66 has a high technical barrier and the localization of raw materials has been gradually promoted: the civilian PA66 products distributed by the company have high technical barriers in spinning, weaving and dyeing. Producers need not only to have comprehensive cooperation in all aspects and the ability to flexibly transform according to product process requirements, but also to have stable raw material supply and accurate production process control capabilities. The company has formed a complete nylon textile industry chain, with significant competitive advantages. In the future, with the gradual development of the downstream chemical fiber industry in the civil field and the rapid development of the downstream engineering plastics in the industrial field under the background of the gradual promotion of automobile lightweight and the rising prosperity of the wind power industry, the nylon industry where the company is located is expected to be driven by a strong demand side. In addition, on the raw material side, the localization of adiponitrile in China has been continuously promoted in the near future. In the future, with the gradual implementation of relevant production capacity, the raw material factors that have always hampered the development of PA66 industry are expected to ease, and the cost of PA66 raw materials is expected to significantly reduce. In the future, with the rapid development of China's nylon industry, the company, as a leading enterprise in the industry, is expected to benefit fully.