Grecell Co., Ltd. is jointly funded by China General Technology, Xinxiang Bailu Group and China National Machinery Industry Corporation. It has the first single line of 30 thousand tons of new solvent cellulose fiber production line in China, which is completely independently designed and manufactured with technology and complete equipment. At present, the 60 thousand tons production line under construction will be put into operation in 2020. According to the strategic planning of China General Technology Group and China Textile Academy, it will strive to build a global Lyocell industrial scale with an annual output of 500 thousand tons in 2021 and an annual output of 1 million tons in 2023, develop multiple series of products and build a world-class high-tech new material industrial group.

China Textile Academy, which is affiliated to China General Technology (Group) Holding Co., Ltd., is the largest comprehensive research institute in China’s textile industry. The industrialization technology of cellulose fiber by the new solvent method is a key research and development project of the 12th Five Year Plan and the 13th Five Year Plan, and also one of the important symbolic technologies for China’s transformation from a large textile country to a powerful country Since 1998, the Institute has gone through 18 years of tackling key problems and realized 10 thousand tons industrialization. In August 2017, it passed the appraisal of scientific and technological achievements organized by China Textile Industry Federation and won the first prize of 2018 “Textile light” China Textile Industry Federation Science and Technology Award.

China General Technology (Group) Holding Co., Ltd. is an important state-owned backbone enterprise directly managed by the central government. In the important period of strategic opportunities, we will further enhance the ability to serve the national strategy with the core business and the needs of people for better life. With Lyocell fiber industrialization as the core, we will promote the construction of the whole industrial chain of China General Grecell as soon as possible, speed up the construction of Lyocell fiber industrialization, and build China General Grecell into a “individual champion” in the world as soon as possible, so as to achieve high quality development.