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In July 2011, Jiangsu Shuangliang Spandex Co., Ltd.(Shuangliang Spandex), the subsidiary of Youli Investment Holding with 65.51% equities held by, made a technical reconstruction on related spandex production equipment of its first workshop and second workshop during the dull season of market, for the purpose of energy saving, emission reduction, and economy efficiency improvement. The technical reconstruction project was finished completely in the end of September 2011, and the production lines were put into production successively in the fourth quarter of 2011.
As the fourth biggest spandex provider in China, Youli Investment Holding had the spandex capacity of 32.5 kt till the end of 2011. At present, the spandex products of the company are being developed towards the direction of functionalization and differentiation. In the second half year of 2010, 12kt spandex capacity, including 10kt/a high-technique, differentiated spandex and 2,000 ton warp kitting spandex, was put into production. The technical reconstruction project of Shuangliang Spandex in 2011 was also related with the differentiated spandex varieties. By building up differentiated spandex capacity and technical reconstruction project, the promotion of differentiated spandex products proportion could strengthen the profitability of the company in the future.
Source:ResearchInChina