Breaking News

Railway construction to boost China’s geotextile industry

August 13, 2013

The construction of railway, particularly in China’s central and western regions, is set to boost China’s geotextile industry, according to China National Textile and Apparel Council.

The investment in national infrastructure development and the growth of geotextile industry are closely related.

Between 2010 and 2020, an amount of about 4 trillion yuan will be invested for water conservation projects, which provide a broad market for the geotextile industry.

From January to May this year, railways invested 132.2 billion yuan, up 25.4% year-on-year, increasing the pace of growth of the geotextile sector.

At present, China’s central and western regions will continue investing in railway construction, which will provide an important direction and sustained momentum for the development of the geotextile industry.

Since the beginning of 2013, orders place with geotextile companies are relatively full and profits are better, according to the council.

Ling County in Shandong province is China’s largest geotextile production base. Here, geotextile production rose by 20% to 6.49 billion yuan this year, with profit increasing by 8% to 530 million yuan.

Since the second half of 2012, the faster growth of environmental projects has also contributed to continued momentum and rapid growth in the geotextile sector.

Related Application:

Related Market:

  • Fiber Producers Hone in on Hygiene

    Fiber Producers Hone in on Hygiene

    Tara Olivo, Associate Editor||June 9, 2016
    Growth in hygiene markets has spurred innovation among these suppliers to the nonwovens industry.

  • IDEA 2016 Wrap Up

    IDEA 2016 Wrap Up

    June 9, 2016
    Companies convened in Boston, MA to show off innovations and make connections.

  • The Household Wipes Market

    The Household Wipes Market

    Tara Olivo, Associate Editor||June 9, 2016
    Price-sensitive consumers choose wipes when the economy is up.