Huafon Chemical's 300kt/year spandex #I project to start production

It was reported on Feb 10 that Huafon Chemical said in a survey that the spandex industry experienced the impact of supply and demand in 2022, and product prices fell sharply. In 2023, with the gradual recovery of the supply and demand environment, spandex prices have gradually warmed up. The first phase of the 300kt/year spandex project is under construction and is expected to be put into production this year.