Home / Knowledge / News / Textiles / Freezing winters boost demand for synthetic fibres

Freezing winters boost demand for synthetic fibres

22
Jan '11
Taiwan's textile producers have recently intensified their production lines so as to meet the globally soaring demand for heavy winter apparels. This steep rise in demand is all because of the extremely freezing winter season.

Leading synthetic fibre manufacturing firms in Taiwan, including Zig Sheng Industrial Co., Lan Fa Textile Co., Shinkong Synthetic Fibers Corp. and Hong Yi Fiber Ind. Co. are all going to keep their production lines functional even during the forthcoming vacation on the occasion of the Chinese New Year from February 2 to February 7, so as to fulfil the mounting orders for nylon filament, textured polyester filament and nylon chips, in the first part of the current year.

Synthetic fibres are the key raw materials needed for production of water and wind resistant garments. A steep rise of 34.75 percent was recorded in the Zig Sheng's earnings for 2010 which grew to NT$17.284 billion that is US $557.55 million. This sharp rise was mainly because of the heavy rise in demand for three of its key products namely, nylon filament, nylon chips and polyester yarn. Also the company's earnings per share (EPS) too rose to reach a new 10 year high at NT$1.95 that is $0.063, during the same period.

Further, a rise was also registered in the Lan Fa's earnings for 2010 which grew by 51.1 percent to NT$3.36 billion that is $108.39 million, as over the 2009's earnings. This year too, this trend of upsurge in the demand and the revenues is likely to sustain.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 24th Jul 2021

5.2 lakh Zimbabwean homes to gain from Pfumvudza cotton inputs scheme

At least 520,000 households in the marginalised zones of Zimbabwe...

Pic: Lanzatech

Textiles | On 24th Jul 2021

US' LanzaTech, Lululemon to make yarn from recycled carbon emissions

LanzaTech has joined hands with Lululemon athletica, an athletic...

Pic: HOdo Group

Apparel/Garments | On 24th Jul 2021

Chinese apparel firm HOdo exports carbon-offset clothing

Apparel brand HOdo has claimed producing and exporting China’s first...

Interviews View All

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search