Development Of Synthetic Leather In Hunan Stimulates Demand For Raw Materials In Regional Markets

Recently, Hunan Anne plastics stock has established Hunan Zhong Yuan hi tech new material Group Co., Ltd. through its capital operation and resource integration. Its synthetic leather series of leather products ranks the highest in the country, which will further stimulate the demand for related raw materials in the regional market.

Hunan Zhong Yuan Science and technology new material Group Co., Ltd. is a new group company formed by the acquisition of Hunan Haitian Plastic Co., Ltd. and Hongjiang active limited company by the Changsha core technology Co., Ltd.

The company has a total assets of 540 million yuan, and has annual production capacity of 46 million square meters of synthetic leather series products.

In recent years, domestic market demand for synthetic leather is increasing. Synthetic leather products, especially PU leather, are the mainstream of market development in the future.

According to the products category of "Hunan Zhong Yuan", synthetic leather has a wide range of products and considerable capacity. After resource integration and competitive advantage, the market share is expected to be further improved. This will also drive the demand for synthetic leather raw materials such as PU slurry.