Recently, various provinces have issued policy documents on “dual control of energy consumption”, and various high-energy-consuming and high-polluting enterprises have cut off power and limited production. According to reports from Qicaiyun, Shangyu Gaibei Chemical Industry Park, a dye production cluster, has limited production by 30%. Many dye manufacturers in the area, such as Longsheng, Runtu, Yide, Jinguang, Shunlong, and Boao, are affected by this. Restrictions affect production.
Many other listed chemical companies have issued parking announcements. For example, Chenhua Co., Ltd. (300610) announced that due to the tight power supply in Jiangsu, the company’s wholly-owned subsidiary Huai’an Chenhua New Materials Co., Ltd. was forced to temporarily shut down all production lines; Tianyuan Co., Ltd. (002386) issued an announcement stating that the company’s Shuifu Jinming Chemical Co., Ltd. in Yunnan has been shut down in stages, and Daguan Tianda Chemical Co., Ltd. and Yunnan Tianli Coal Chemical Co., Ltd. respectively A production line arranges production.
Reactive dye giants
Two Both subsidiaries have stopped production
Jiangsu Golden Pheasant Industrial Co., Ltd. (hereinafter referred to as “Golden Pheasant”), one of the domestic reactive dye head manufacturers, issued an announcement on the evening of September 22, stating that, In response to the requirements of “dual control of energy consumption” from higher-level government departments, the company’s wholly-owned subsidiary Taixing Jinyun Dyestuff Co., Ltd. (hereinafter referred to as “Jinyun Company”) located in Taixing Economic Development Zone, Jiangsu Province (hereinafter referred to as the “Park”) and Taixing Jinhui Chemical Co., Ltd. (hereinafter referred to as “Jinhui Company”) will implement temporary production restrictions starting from September 22, 2021.
Jinyun Company is a wholly-owned subsidiary of Jinji Co., Ltd. It was established on November 5, 2003. Its main business It is the research and development, production and sales of reactive dyes.
Jinhui Company is a wholly-owned subsidiary of Jinji Co., Ltd. It was established on May 23, 2006. Its main business is the research and development, production and production of para-ester and other dye intermediates. Sales mainly provide raw materials for Jinyun Company to produce reactive dyes.
In April this year, Jinji Co., Ltd. issued an announcement that after deliberation by the company’s board of directors, it was decided to stop the dye intermediate product project of Jinhui Chemical’s “Dye Intermediates and Dilute Acid Regeneration Project” and retain it. For the dilute acid regeneration product project, it was also decided to use the existing dye intermediate factory building of 14,400 square meters and purchase additional related facilities and equipment to build an annual output of 2,000 tons of textile digital printing (inkjet printing) ink after the construction of the dye intermediate project was stopped. , Inkjet printing ink high-purity colorant 1,000 tons project. The total planned investment of the project shall not exceed 100 million yuan.
According to statistics from the China Dyestuff Industry Association, in the past three years, the production capacity, output, and sales of Golden Pheasant’s reactive dye segment have averaged It is at the forefront of the industry. As of June 30, 2021, the company has a total of 30 series and more than 400 varieties of reactive dyes. It is an enterprise with a comprehensive range of product series and varieties in the reactive dye industry.
Disperse reactive dyes continue to rise in price
Due to the continued rise in bulk chemical raw material prices, basic chemical raw materials such as “sulfuric acid” have increased by as much as 3-5 times or even higher. Affected by this, the cost of dye production is overwhelmed. There will be a supply shortage of many types of dye intermediates, especially anthraquinone series dyes. Therefore, the price of dispersed reactive dyes has increased across the board, alleviating the cost pressure caused by rising raw materials!
Dispersed black ECT rose 300% to 32 yuan KG
60 # dispersed green blue S-GL200% rose to 150 yuan/KG
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