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Chinese printing & dyeing sector performs better in 2013
Jan '14
The year 2013 was a test year for China’s textile printing and dyeing industry. Although there were some disappointments, the industry forged ahead by upgrading industrial structure, adjustment and innovation to achieve steady growth of basic industry as well as significant improvement in economic efficiency, profits, investment, exports and other major economic indicators of growth compared to 2012. 
From January to September 2013, about 1900 large-scale textile printing and dyeing enterprises earned main business income of 262.307 billion yuan, up 8.53 percent year-on-year. These companies realized a total profit of 11.079 billion yuan, an increase of 20.75 percent compared to the same period in 2012.
During the nine-month period, large-scale textile printing and dyeing firms produced 41.915 billion metres of fabric, down 2.11 percent year-on-year. These firms earned 44.12 billion yuan from exports, up 3.86 percent year-on-year.
Large-scale printing and dyeing companies invested 21.71 billion yuan during January-September 2013, registering a rise of 30.60 percent year-on-year, much higher than the 17.2 percent growth seen in the textile industry investment during the period.
Chinese printing and dyeing industry is facing huge pressure from both public opinion and international environmental organizations for adopting energy saving policies and adhering to stringent national emission standards.
In 2014, the Chinese printing and dyeing industry would be brought under the control of a series of new pollution emission control standards, and the China Dyeing and Printing Industry Association has recommended 23 advanced energy saving technologies, including efficient desizing enzyme TF-162F application technology, textile research and development of multi-component neutral cellulase, and STZB series of low-carbon eco-friendly paint to cover the white pulp printing technology.

Fibre2fashion News Desk - India

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