Large multinational corporations invest in Kaiping textile chemical fiber industry

Taibao's establishment in Kaiping will play a boosting role in the development of the textile and chemical fiber industry in Kaiping. It will further stimulate the upstream and downstream industry chain to achieve leapfrog development. It is a milestone in the history of Kaiping's industry development, and also shows that Kaiping City already has the capacity to accept transnational Group, high-end outstanding company conditions.

Taibao's establishment in Kaiping is a good start for a win-win situation. Kaiping will create an excellent investment environment for the company with the greatest enthusiasm and the best service.

Recently, Guangdong Taibao Polymer Co., Ltd., which invested 90 million U.S. dollars, has settled in Kaiping. Huang Yaoxiong, mayor of Kaiping City, stated that the settlement of Taibao Company will play a significant role in promoting the development and upgrading of the traditional textile and chemical fiber industry in the city. It is believed that after the project is put into production, the agglomeration effect of the textile and chemical fiber industry in the city will be greatly improved. And regional competitiveness.

Strong base for the textile and chemical fiber industry

In December 2002, Kaiping City was named “China Textile Industry Base” by the China National Textile and Apparel Council. At the end of 2003, Kaiping Sanhe was named "China's famous town of cowboy clothing." The textile and chemical fiber industry is one of the three pillar industries in Kaiping, especially the denim garment industry. Kaiping has formed a complete industrial chain. Many textile and garment companies form a textile production joint enterprise integrating spinning, weaving, dyeing and finishing, garment making and washing.

In recent years, Kaiping City has established a working concept of “strong industrial city” and has included the textile and chemical fiber clothing industry as the first priority to support the development of the industry. It has implemented support policies for “giving money, giving people, and giving policies” to the measures. Settled in the large-scale denim textile project in Kaiping, given certain preferential policies. At the same time, the Kaiping Base of the Guangdong Provincial Technological Innovation Center was established to actively guide and support enterprises to strengthen technological innovation, create more brands, and become bigger and stronger. Today, the textile and chemical fiber industry in the city of Kaiping has developed rapidly and continues to grow, resulting in a remarkable "industrial carrier": there are nearly 500 textile and garment companies, and the total annual output value of the textile and clothing industry exceeds 15 billion yuan. 70% of the market share in Guangdong is the leading chemical fiber industry in Guangdong.

Taibao boosts industrial development

Thailand's Yindu Rama Group is a spinning company founded in Indonesia in 1976 by three brothers of the Rohia family. It is a world-famous chemical fiber company. At present, the group has established 20 production bases in 14 countries in Asia, Europe, and North America, headquartered in Thailand. It mainly produces polyester yarn, worsted wool, polyester chips, and refined terephthalic acid. It is the largest in the world. One of the polyester manufacturers has a leading position in the global polyester industry. The total investment of Taibao, which has settled in the company, reaches 90 million U.S. dollars, which is the first investment project of the group into China. It is estimated that the project will annually produce 500,000 tons of polyester chips and annual sales will reach 6 billion yuan.

“At present, the annual sales of Kaiping polyester chips are only 2 billion yuan. Taibao’s production capacity is 3 times that of Kaiping. This is a very exciting thing.” Kaiping City, Guangdong Province Textile and Apparel Industry Association Vice President Guan Jinliang believes that Taibao is well-funded, large-scale, advanced equipment, and first-rate management model. Among the textile enterprises in Kaiping, it will become a real leading enterprise. Its growth and development represent the entire Kaiping. The growth and development of the textile industry.

Kuan Jinliang said that if the Yindu Rama Group plans to invest in a polyester staple fiber project with an annual production capacity of 100,000 tons, it will start to fill gaps in Kaiping's products in the industry and promote the further development and growth of the textile industry in the city. And to promote the textile industry chain forward and backward extension.

Huang Yaoxiong, mayor of Kaiping City, also believes that Taibao's settlement in Kaiping will play a positive role in the development of the textile and chemical fiber industry in Kaiping. After the project is put into operation, it will greatly increase the city's textile and chemical fiber industry's agglomeration effect and regional competitiveness. At the same time, further stimulating the upstream and downstream industry chains to achieve leap-forward development is a milestone in the history of Kaiping's industry development. It also shows that Kaiping City already has the conditions for accepting transnational large groups and high-end outstanding enterprises.

“Taibao's settlement in Kaiping is just a good start for a win-win situation. We sincerely hope that the Yindu Rama Group will use this as a breakthrough point and increase investment in Kaiping. At the same time, Kaiping will also create the best enthusiasm and the best service for the company. Excellent investment environment.” Huang Yaoxiong sincerely welcomes more domestic and foreign enterprises and investors to come to Kaiping to visit, invest and develop, and to discuss development.