Extremely Cold Weather Heats Up Taiwan Textile Makers

Taipei, Jan. 21, 2011 (CENS)--The production lines of Taiwan's textile manufacturers have recently been stepped up to meet the booming demand globally for heavy winter clothes due to severely cold wintry weather.

Taiwan's leading synthetic fiber makers, including Shinkong Synthetic Fibers Corp., Zig Sheng Industrial Co., Hong Yi Fiber Ind. Co., and Lan Fa Textile Co., will all keep production lines running even during the upcoming Chinese New Year holidays, from February 2-7, to fill growing orders for textured polyester filament, nylon filament and nylon chips in the first half of this year.

The said synthetic fibers are major materials for waterproof and windproof clothes. Last year Zig Sheng scored revenues of NT$17.284 billion (US$557.55 million), for a sharp annual rise of 34.75%, driven mainly by the strong demand for its three major products—polyester yarn, nylon filament and nylon chips. In the same year the company's earnings per share (EPS) reached NT$1.95 (US$0.063), a new high in 10 years.

Lan Fa raked in revenues of NT$3.36 billion (US$108.39 million) in 2010, surging 51.1% from the corresponding figure of a year earlier, with the revenue uptrend to continue this year.

Revenues of Taiwan's Leading Synthetic Fiber Makers in 2010
Company	Revenues (NT$B)	Annual growth (%)
Shinkong Synthetic	25.318	28.7
Lealea Enterprise Co.	10.082	32.7
Hong Yi	2.153	43.6
Zig Sheng	17.284	34.7
Yi Jinn Industrial Co.	4.301	30.9
Lan Fa	3.36	51.1