Huafon Chemical Co., Ltd. (002064)

Overview

Huafon Chemical Co.,Ltd is a prominent player in the chemical and textile industry, with a strong focus on the production and sales of spandex in China. Founded in 1999 and based in Ruian, China, the company has carved a niche for itself by providing high-quality elastic fibers under the brand name Qianxi spandex yarn. Initially known as Zhejiang Huafeng Spandex Co., Ltd., the company underwent a strategic rebranding in January 2021 to become Huafon Chemical Co.,Ltd. This rebranding reflects its broadened scope beyond just spandex production to include chemical manufacturing and energy cogeneration. Through its comprehensive portfolio, Huafon aims to cater to a diverse range of industries including textile, healthcare, and energy, positioning itself as a key supplier of materials and solutions that drive innovation and comfort in everyday products.

Products and Services

Huafon Chemical Co.,Ltd offers a diverse range of products and services that cater to different sectors. These include:

• Qianxi Spandex Yarn: A premium Polyurethane (PU) elastic fiber renowned for its exceptional elasticity and durability. This product is engineered for use in various applications such as underwear, swimming suits, socks, jeans, leisure sportswear, medical bandages, fabric ribbons, and diapers. Its versatility and quality make it a preferred choice for manufacturers seeking to enhance the comfort and fit of their products.
• Differentiated Spandex: Beyond the standard offerings, Huafon Chemical Co.,Ltd also specializes in the production of differentiated spandex. This category includes spandex fibers that are tailored for specific applications, offering unique properties such as higher elasticity, improved resistance to chemicals, or enhanced thermal stability. These specialized fibers are designed to meet the evolving needs of the textile industry, enabling manufacturers to innovate and create high-performance apparel and textiles.
• Cyclohexanone: As part of its chemical manufacturing capabilities, Huafon Chemical Co.,Ltd produces cyclohexanone, a key intermediate in the production of nylon and other polymers. Cyclohexanone is essential for the synthesis of caprolactam and adipic acid, which are precursors for nylon 6 and nylon 66, respectively. This product underscores Huafon’s integral role in the polymer and plastics industry, supplying essential materials for a variety of applications.
• Benzene Related Products: The company’s chemical portfolio extends to products derived from benzene, a fundamental building block in the chemical industry. These products find applications in a wide range of industries, including pharmaceuticals, resins, and synthetic fibers, highlighting Huafon’s contribution to various sectors through the provision of key chemical intermediates.
• Textile Product Import and Export: Leveraging its deep market knowledge and extensive product lineup, Huafon Chemical Co.,Ltd engages in the international trade of textile products, including spandex fiber. This service facilitates the global distribution of high-quality textile materials, enabling the company to reach customers worldwide and strengthen its position in the global market.
• Power and Heat Cogeneration: Emphasizing its commitment to sustainability and energy efficiency, Huafon Chemical Co.,Ltd is involved in power and heat cogeneration. This initiative not only optimizes energy use within its operations but also contributes to the local energy grid, demonstrating the company’s dedication to environmental stewardship and responsible corporate practices.