Nonwovens Sales in 2014: $169 million
Yuan Ming Gu, owner; Zuwei Gu, CEO; Jingxian Cui, CFO
Spunbond, spunlace, meltblown, airlaid
Hygiene, medical, automotive, household, construction, industrial, personal care.
In 2014, Dalian Ruiguang’s sales amounted to $169 million, a slight increase compared to $140 million in 2013. Strategic measures taken by Dalian Ruiguang have helped the company’s performance.
Last year, the company expanded its existing production capacities through a production line renovation, which enabled the company to broaden its product portfolio and improve product quality by developing new materials. Examples include its pulp-based multi-layer laminated nonwovens that exhibit superior water retention properties, and its high strength composite jacquard nonwovens that offer rich patterns and good transverse strength. Also in 2014, Dalian Ruiguang’s flushable nonwovens line began production. Materials from this new line meet EDANA’s standard for flushable products.
Additionally, the construction phase of its 70,000-square-meter Ruiguang Industry Park is complete. The advanced nonwovens production lines installed there will allow Ruiguang to establish itself as a strong modern nonwovens industry player with a wide product portfolio and some of the most advanced technologies.
Some challenges facing Dalian Ruiguang include the continuous increase in production costs, nationwide overcapacity and the lack of innovation in the industry. With the economic slowdown in China, the whole country is under pressure to adjust its industrial structure. Furthermore, the fluctuation of its currency and key factors of production, including energy and labor costs, are rising. Dalian Ruiguang will cooperate with consulting firms to optimize its organizational structures.
On the technical side, the company will focus on the development of new nonwovens technologies and will offer customers more options in terms of product functionality, diversity and environmental friendly products