Chemical fibre enterprises are under pressure as international oil prices rally. Oil derivative is an essential raw material of chemical fibre industry.
On the other hand, textile clothing industry is demanding more and more raw materials as exports are shooting up.
Presently, chemical fibre enterprises are raising unit price to make profit. However, they are facing huge pressure.
To solve this problem, concerned departments are developing new material which will replace oil as a raw material. At the same time, the government urges enterprises to save energy.
Fibre2fashion News Desk - China
marketing@alchempro.com
