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Acelon Chemicals & Fiber to set up new Lyocell plant

21
May '12
World's first bulk producer of long solvent-spun cellulose fibres, the Acelon Chemicals & Fiber Corp, has commenced work for setting up a new Lyocell filament and Lyocell non-woven cloth plant in Ershui at Changhua in Central Taiwan.

Expected to cost around NT$ 13 billion or US$ 433 million, the plant would generate an annual production valued at around NT$ 14.5 billion or US$ 483 million, Acelon President W. T. Zhou said.

Lyocell filament is an eco-friendly, biodegradable fibre prepared from wood pulp through a crystalline spinning process which is completely non-toxic and environment-friendly. Also, the used solvent can be recycled.

The firm would invest NT$ 1 billion or US$ 33 million in first-phase of the plant, to generate about 1,000 tons or NT$ 350 million or US$ 11.6 million worth of Lyocell filament per annum. This output is expected to gradually increase to 20,000 tons worth NT$ 7 billion.

The plant's annual Lyocell non-woven cloth output is expected to be 15,000 tons valuing around NT$ 7.5 billion or US$ 250 million.

While 80-denier Lyocell filament is priced at NT$ 360 or US$12 per kg, price of Lyocell non-woven material is determined at 40g per square metre comes to around NT$ 500 or US$ 16.67 per kg. Both these prices are higher than that of nylon filament and processed nylon filament.

Acelon, a leading producer of nylon yarn in the country, presently operates three factories in Yanpu, Fangyuan, and Douliu provinces of Central Taiwan, which jointly produce around 5,800 tons of nylon yarn per month.

The company is also the largest supplier of nylon textured yarn in Taiwan, with an output of about 1,800 tons per month.

Acelon had already tried producing a small quantity of Lyocell filament and Lyocell non-woven cloth at its Yanpu plant earlier, with Lyocell filament output coming to around three to four tons per month.

Presently, Acelon is planning to set up a market base of eco-friendly products by gradually enhancing its Lyocell filament and Lyocell non-woven cloth output.

Mr. Zhou informed that the first-phase production of the new plant is intended to be shipped to Taiwan and Chinese downstream manufacturers.

Fibre2fashion News Desk - India


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