Jiangyin locates a lot of large direct-spun PSF plants like Huahong

As a major producing area of PSF, Jiangyin locates a lot of large direct-spun PSF plants like Huahong, Sanfagnxiang and Rongli Chemical Fiber. Of them, Huahong has shut down its 560kt/yr unit, Sanfangxiang whose running capacity is 320kt/yr now faces hard transportation and Rongli has postponed to restart its 150kt/yr unit. These plants take up about 15% of total direct-spun PSF capacity in China. In addition, Huaxicun with 410kt/yr, Xiangyang with 100kt/yr and Elite Color with 250kt/yr, which accounted for about 9% of total direct-spun PSF capacity are facing risks of lockdown