Nonwovens Industry China, Ringier Trade Media Ltd 03.04.21
The year 2020 has been an extraordinary year for the world and China. The same goes for Kingsafe. In 2020, Kingsafe tripled the sales of spunbond nonwovens. Meanwhile its spunlace business increased by more than 150%, and sales of wipes (OEM) is estimated to reach over RMB800 million. Yan Huarong, chairman of Kingsafe Group, tells us that they will focus on its wipes business and spunlace manufacturing.
In recent years, Kingsafe has stepped into an accelerated development pace with product portfolio and footprint expansion, which has drawn great interest across the value chain.
Statistics show in 2017, Kingsafe generated $385 million (RMB 2687.3 million) revenues with just below 81,000 tons annual production capacity. Three years later, in July 2020, the annual capacity was increased to beyond 300,000 tons, and its wipes business alone generated revenues of RMB800 million. People may wonder why and how this happened in such a short period?
Talking with the Data
Kingsafe started its business with manufacturing garment fusible interlinings three decades ago, and today, its interlining business co
In recent years, Kingsafe has stepped into an accelerated development pace with product portfolio and footprint expansion, which has drawn great interest across the value chain.
Statistics show in 2017, Kingsafe generated $385 million (RMB 2687.3 million) revenues with just below 81,000 tons annual production capacity. Three years later, in July 2020, the annual capacity was increased to beyond 300,000 tons, and its wipes business alone generated revenues of RMB800 million. People may wonder why and how this happened in such a short period?
Talking with the Data
Kingsafe started its business with manufacturing garment fusible interlinings three decades ago, and today, its interlining business co
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