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Home > News > Market Flash > Global growth rate of demand for glass fiber industry may reach 6%

Global growth rate of demand for glass fiber industry may reach 6%

ECHEMI 2020-12-15

According to Zhejiang News Client, “The global growth rate of demand for the glass fiber industry next year is expected to be 5%-6%, and China is expected to continue to maintain a growth rate of more than 10%.” On December 7, Vice President of China Jushi Co., Ltd., Jushi Yang Guoming, President of the Group Co., Ltd., revealed at the 26th International Fiberglass Annual Meeting of China Jushi.

 

In early December, the 26th China Jushi International Fiberglass Annual Conference opened in Tongxiang. Under the new situation of the global spread of the new crown pneumonia epidemic and the profound changes in the international situation, this year, more than 800 guests from all regions of the country gathered in Tongxiang, and more than 200 overseas guests participated online to discuss the new development of glass fiber. future.

 

In 2020, China's Jushi glass fiber products will maintain zero inventory sales. How to achieve the transcendence in contrarian trend? Objectively speaking, there is the positive blessing of the national macro policy. In 2020, under the influence of the epidemic, the country has increased its “new infrastructure” against the trend, and the “new infrastructure” has become a counter-cyclical stabilizer of the economy. "New infrastructure" includes 5G infrastructure, industrial Internet, UHV, inter-city high-speed railway and inter-city rail transit, new energy vehicles and charging piles, big data centers, artificial intelligence and other industries are ushering in rapid growth, driving the upstream fiberglass industry The growth rate of development. As a strategic new material for the strong industrial base, glass fiber fits in exactly with the fields involved in the "new infrastructure". Catch the "new infrastructure" express train, starting from the second half of this year, the domestic glass fiber industry upstream and downstream quickly recovered. In the case of China Jushi, since August this year, the supply of products has exceeded demand.

 

This year is a year of explosive growth for Jushi innovation projects. In the past, the company set up an average of more than 30 major innovation projects each year. This year, 79 projects have been established, an increase of more than doubled. Among them, there are 13 reserve technical projects and 4 pre-research technical projects. So far, the company has implemented a total of 535 innovative projects.

 

The rapid progress of key projects and the improvement of intelligent manufacturing have greatly improved the competitiveness of products. This year is also the year when China Jushi has accelerated the process of intelligentization. This year, the second roving production line of Tongxiang headquarters with an annual output of 150,000 tons was ignited ahead of schedule and put into production; the construction of the 250,000-ton intelligent manufacturing base of the Chengdu company was completed. At the same time, China's Jushi Intelligent Manufacturing Base's third glass fiber roving production line with an annual output of 150,000 tons also started construction in September; the second intelligent manufacturing base with an annual output of 60,000 tons of electronic yarn and 300 million meters of electronic cloth production line has been completed in March. Construction officially started in October, and the civil work has been basically completed and the equipment installation phase has entered.

 

The new intelligent manufacturing production line has obvious advantages. The per capita production efficiency has increased by 14%, the manufacturing cost per ton of yarn has dropped by 5.5%, and the proportion of high-end products has reached more than 90%. At the same time, the digital factory transformation of the old production line is also very effective. At present, the company has 9 digital factory production lines built or under construction, accounting for 40%.

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