遠東新世紀股份有限公司〈原遠東紡織〉,乃台灣規模最宏大、最多元化的紡織及相關產品製造者。本公司共分化纖、紡織、石化、土地開發與轉投資五大事業。

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Looking back on 20 years of Oriental Industries (Suzhou)

From:Oriental Industries (Suzhou)/Chen Kuncheng
4223001        Looking back at the development of Oriental Industries (Suzhou) in Suzhou over the past 20 years, it can be summarized with a quatrain--

        The Red Sea stirred up a thousand waves, and with courage, the sail made a decision to turn the helm,

        The green material weaves green clouds and threads, and the warp and weft are cast into a thousand threads for generations to come.

        

 

 

4223003        Far Eastern Group entered the industrial fiber field as early as 1989, and then established Oriental Industries (Suzhou) Co., Ltd. in Suzhou in 2005. In the early stages of production in 2008, the products were mostly used for general products such as rubber and plastic coating and bonding of water pool fabrics, canopy fabrics, canvas, geotextiles, etc; Since 2010, with the continuous investment of competitors, the market supply and demand have gradually become imbalanced, becoming a red ocean; However, the booming development of the automotive market has brought a turning point to the industry. Since 2010, the annual sales of automobiles in mainland China have exceeded 18 million units, firmly ranking first in the world. Oriental Industries (Suzhou) has therefore focused its development efforts on automotive fiber materials.

        Due to the downstream customers of automotive fibers, whose products are all related to personal safety, not only tire customers, but also self proclaimed "last line of defense" automotive seat belt and airbag companies, the rigor of fiber skeleton material verification is almost demanding. The process of development, verification, audit, and product commercialization is lengthy and requires huge resources in the early stage. Thanks to the attention and support of the management, Oriental Industries (Suzhou) (Suzhou) has undergone a crucial change.

        After years of refinement, Oriental Industries (Suzhou) has now become a stable partner for international brands such as Continental, Bridgestone, Pirelli, Autoliv, and has been actively developing high-performance aviation tires, air suspensions, electric vehicle tires, and airbag bags for high-end markets. The production of nylon 66 industrial yarn in 2017 allowed Oriental Industries (Suzhou) to enter a more diversified market. Other industrial product fields also utilize various materials such as aramid and basalt yarn to create industrial fabrics, which are invested in high value-added markets such as food processing conveyor belts, mold fabrics, filter materials, and construction molds. Oriental Industries (Suzhou) has long-term cooperative relationships with international brands such as Habasit, Forbo, Ammeraal, and Contitech.

        Since 2020, in response to the goal of carbon neutrality set by automobile manufacturers by 2050, Oriental Industries (Suzhou) has invested in large-scale solar power generation and introduced a variety of low-carbon and environmentally friendly raw materials, including biobased polyester, biobased nylon 56, physically regenerated polyester, chemically regenerated polyester, and regenerated nylon 66. From Scope 1, 2, and 3, Oriental Industries (Suzhou) has continuously contributed to reducing carbon emissions, and in order to comply with the rigorous attitude of automotive fiber material manufacturers, it has successively passed IS0-9001、IATF-16949、IS0-14001、IS0-45001、ISO-50001、ISO-37001、IS0-14064 Certification of management systems, as well as certifications such as OEKO-TEX, Global Recycle Standard (GRS), and ISCC PLUS for sustainable development and carbon.

        In addition, in order to enhance the competitiveness of the enterprise, Oriental Industries (Suzhou) has invested over CNY 80 million since 2020, dedicated to automation and intelligent production, including automation equipment, automated warehousing, SPC statistical management system, FineReport reporting system, industrial silk automatic external inspection, AI intelligent fabric inspection&energy management system, etc. These digital reporting platforms can implement visual management systems, effectively reducing human errors, improving quality, enhancing work environment, improving safety, and increasing effective production capacity. They play an excellent role in the wave of comprehensive cost reduction and efficiency improvement.

        

 

 

4223005        The market is constantly changing, and in order to achieve sustainable business operations, Oriental Industries (Suzhou) has been expanding its production capacity since its official launch in 2008. From an early annual production capacity of only 40000 tons of polyester industrial yarn and 6000 tons of industrial fabric, it has undergone continuous optimization and expansion, and now has an annual production capacity of 100000 tons of polyester industrial yarn, 20000 tons of nylon industrial yarn, 40000 tons of polyester curtain fabric, 15000 tons of nylon curtain fabric, and 12000 tons of industrial fabric. In the environment of blind expansion of industries in mainland China, it has deployed the best combat formation to meet the challenges of market changes. In order to cooperate with the development of international tire brands in ultra-high performance tires, the company will start production of single line dipping rubber from 2024 to increase product added value; At the same time, after 2 years of planning, the Wuxi airbag factory has officially started production, extending downstream products to enhance strategic cooperation with international brands. There are also plans for overseas expansion in the future - starting from 2026, the Vietnamese factory's 110000 tons of polyester industrial yarn will be put into operation in two phases, laying a solid foundation for global layout.

        In terms of undertaking corporate social responsibility, Oriental Industries (Suzhou) always adheres to the concept of "people-oriented" and implements employee care work. Every summer, we specially plan the "Far Eastern Group Love Across Thousands of Miles and Laugh Full" care program, inviting left behind children to reunite with their parents at the factory. We also set up parent-child activity rooms in the clean and comfortable employee dormitory area, building a bridge of family through various fun themed activities. To meet the diverse cultural and sports needs of employees, the company encourages colleagues to form various clubs, such as table tennis club, badminton club, basketball club, etc., and regularly carry out training and exchange activities. During traditional festivals, special gifts and activities are carefully prepared to allow all employees to deeply feel the group's corporate culture and meticulous humanistic care in a strong festive atmosphere, further enhancing their sense of belonging and centripetal force.

        

 

 

        As Douglas Hsu admonished, "The world is changing, and you must adapt to change, participate in change, and even create change. Far Eastern Group does not take a simple path in order to stand firm for decades, and even grow broader and stronger; Far Eastern Group only takes the difficult path, persistently innovating, promoting internationalization, and valuing corporate social responsibility, in order to stand firm and move forward in unpredictable changes. Oriental Industries (Suzhou) will also uphold the spirit of fearlessness and fully implement digital transformation and promote sustainable industrial fiber products, in order to enhance the core competitiveness and advantages of the enterprise and achieve the determination of sustainable operation.

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