Since 2020, the epidemic of New Coronary Pneumonia has spread globally. The industry is facing huge environmental pressure and systemic risks. Both ends of the industry's supply and demand have experienced unprecedented impacts.
1. Production scale down
The starting load of the textile industry is gradually recovering, but affected by the epidemic, the capacity utilization rate is lower than normal.
2. Declining domestic and external market demand
Since the outbreak, the domestic sales of textile and apparel products have declined significantly.
3. Investment scale has shrunk dramatically
Under the influence of the epidemic, companies in the industry generally lack investment confidence and ability, and the scale of investment has shrunk significantly.
4. Economic benefits have deteriorated significantly
In the case of severely insufficient demand and a sharp decline in production and sales, textile companies' revenue and profits have shrunk dramatically.
Shandong Huimin Zhiwei Chemical Fiber Products Co., Ltd. was established in 2003. It has developed into a professional large-scale polypropylene chemical fiber company that integrates production and sales. The main products are: polypropylene fiber, polypropylene yarn, polypropylene medium-strength yarn, PP high-strength fiber , High-strength polypropylene yarn, polypropylene rope, safety net, polypropylene engineering fiber, polypropylene mesh fiber, polyester fiber.