Wenzhou Tiancheng Textile: 5 billion investment, 500,000 tons of chemically recycled polyester new material project, to be put into production in June next year!
Tiancheng Textile is the world's largest fabric scraps using enterprise, with an annual revenue of 650 million yuan. The company follows a branding path and in recent years has vigorously promoted the "Green Silk Kerry" plan for recycled and circular colored yarns, establishing good cooperative relationships with many international clothing brands, from transportation, opening, spinning to making garments.
Major Investment: 500,000 Tons Regenerated Polyester New Material Project
In April 2024, a new material project for the annual production of 500,000 tons of recycled polyester, with a total investment of 5 billion, truly settled in Hongze District, Huai'an, Jiangsu. Currently, the construction of the project is advancing at full speed. As a key industrial project in Hongze District, the first phase of the project is expected to be fully operational before June 2026. After the project reaches its designed capacity, it is expected to achieve an annual sales revenue of 6 billion and a tax revenue of 180 million, helping Hongze District to build a national leading production base for recycled polyester new materials.
It is reported that the project's technical solution uses chemical PET technology (chemical semi-degradation PET technology), adopting the world's only chemical recycling process, which has advantages such as low energy consumption, low emissions, and no need for dyeing. It can efficiently recycle and reuse waste textiles while preserving the original fiber colors and characteristics. In addition, the project team is led by a national "863 Program" research team, continuously researching and developing in directions such as multi-fabric separation, multi-material recycling, and the development of technological fabrics, and has established academicians and doctoral workstations from the Chinese Academy of Sciences to promote industry technological innovation.
project construction content:
The total investment of this project is 5 billion yuan, to construct an annual production capacity of 500,000 tons of recycled polyester new materials from waste polyester textiles, implemented in two phases. The first phase involves an investment of 1.1 billion yuan, planning to purchase 178 mu of construction land, and build a new recycling polyester production workshop, a waste polyester textile sorting workshop, raw material warehouses, and a comprehensive office building with a total construction area of 152,600 square meters; by purchasing equipment such as a catalyst configuration system, alcoholysis reactor, pre-shrinkage reactor, final polymerization reactor, drum dryer, extruder, spinneret, air compressor, spinning equipment, and texturing machine, it will construct a 100,000-ton waste polyester textile recycled polyester new material project; the main process flow: waste polyester (PET) textiles → alcoholysis → liquid phase viscosity increase → recycled polyester chips → pre-crystallization, drying → melt spinning → high-speed winding → recycled polyester POY → texturing → DTY filament, and supporting public works; the second phase adds an additional investment of 3.9 billion yuan, planning to purchase 288 mu of construction land, adding a production scale of 400,000 tons of waste polyester textile recycled polyester new materials.
In late February, the parent company team of a well-known European brand visited Tiancheng Textile for a day of in-depth meeting exchanges, and toured the physical method cotton spinning machinery recycling production line and the chemical method recycled polyester fiber pilot production workshop.
At the meeting, the team expressed their strategic goals for 2030: to use 40% of traditional recycled process textile fibers and 25% of next-generation new material fibers. The main objective is to achieve sustainable development of textiles with low energy consumption, and they expressed a strong interest in Lusicle's "patented chemical method for regenerating polyester fiber."
Facing the compound annual growth rate of 38% in the procurement of recycled materials by global fashion brands (according to the Textile Exchange 2023 report), Future Tiancheng Textile, as a supplier, will focus on strong physical and chemical recycling technologies at its core, to fully integrate the closed-loop of waste textile recycling and reuse.
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