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Industry News | Time: May 25 2017 11:13AM
[11th China Hangzhou Cellulose Fiber (Viscose) Industry Forum]The future of botanic cellulose fibers
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Hu Jian, from Lenzing, delivers his report: The Future of Botanic Cellulose Fibers

The report is analyzed from three parts: where are we from, the future outlook and what we do for the future.

In the first part, Mr. Hu introduces the global fiber consumption. Fiber consumption has increased from 75 million tons in 2006 to 101 million tons in 2016 and during the time, the proportion of cellulose fiber climbed up from 5% to 6%. As the largest VSF producer, China’s VSF output took a share of 65% in the world in 2016. Moreover, Mr. Hu also introduces the development trend of viscose, Modal and Lyocell.

In the second part, he states that the CAGR of wood-based fibers is predicted to keep at 5-6%. Population growth and higher purchasing power in the emerging markets drive the fiber growth and China remains the growth engine in global textiles. Moreover, sustainability is gaining importance.

In the last part, Mr. Hu introduces the wood-based fibers of Lenzing from the aspect of sustainable development. The raw material of the Lenzing fibers is the wood through strict certification and the wood is 100% utilized. By virtue of its quality raw material, sustainability commitments, innovation and progress, Lenzing becomes a leader in the wood-based cellulose industry.
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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