Foreword

In 2021, lyocell moved forward with a heavy load as the operating rate was less than 50%, the inventory remained high and prices continued to drop from the higher level similar to cotton to the level of VSF or even below. Moreover, some technology is still waiting for breakthrough.

All of the above are results, which have been caused by faster growth of supply but slower increase of demand as the capacity of China has grown by nearly 40% in 2021 after doubling in 2020, but according to the plan, lyocell capacity of China will be still expanding by more than 50% in 2022 and contradiction still exists.

However, the results of today can finally become the cause of tomorrow. Facing the 20 million-ton cotton textile raw material market, excellent and environmentally friendly natural properties, more competitive prices, continuous investment in R&D, and rapid technological breakthroughs will eventually make lyocell an important member of cotton textile raw material family.

How can companies control their costs? How to improve product quality and reputation? How to cultivate downstream market? Is there any way to speed up the development of end-user market to keep up with the pace of the upstream?

CCFGroup hosted the 1st Lyocell Industry Forum in 2021. During the past year, both upstream and downstream market participants have made many efforts and what progress has been made? The 2nd Lyocell Industry Forum to be held in Hangzhou on Sep. 20, 2022 will invite industry experts to discuss about the above topics and we look forward to your participation!