Economic Growth in China has slowed in 2016 and the nylon industry has been grappling with oversupply. On the other hand, bulk commodity markets appear to have bottomed out, allowing crude oil pricing benchmarks to return to levels around $50/bbl. Commodity prices are expected to firm if China’s Renmibi continues to depreciate against the US dollar and other currencies.
China’s polyamide 6 industry continued its rapid growth in 2016, but this has left many producers in the red. The focus in China is now moving towards further processing of polyamide, adding value to basic commodity products. Will innovation save the industry?
Production of polyamide 66 chips in China has also increased significantly, even without any domestic production of adiponitrile feedstock. What progress are Chinese companies making toward producing their own polyamide 66 intermediates?
Demand of polyamide 66 chips in China has also increased significantly, even without any domestic production of adiponitrile feedstock. What progress are Chinese companies making toward producing their own polyamide 66 intermediates?
Demand for polyamide engineering plastics and films is growing more slowly this year. Will lower prices for polyamide chips allow derivative products to gain market share against those made from other polymers?
The 14th China International Polyamide & Intermediates Forum offers an opportunity to better understand the issues surrounding these topics and exchange ideas with other industry participants. Tecnon OrbiChem and China Chemical & Fiber Economic Information Network (CCFEI) are again to organise the forum jointly, extending our successful collaboration of the past 13 years.
Watch a personal invitation from Charles Fryer, chairman, Tecnon OrbiChem at the EPCA