The 11th China International Polyester & Intermediates Forum, organized by China Chemical & Fiber Economic Information Network (CCFEI) and Tecnon OrbiChem, is held on 10 Jul, 2014 in Royalton Hotel, Shanghai, China, with Shenyin & Wanguo Futures Co., Ltd. as the main sponsor and Wenzhou Yufeng Chemical Fiber Machinery as supporter. Leading players from home and overseas, including Sinopec, PetroChina, Yisheng Petrochemical, Hengli Petrochemical, BP, Sabic, Honam Petrochemical, Reliance, Hengyi Petrochemical, Far Eastern Industry, Tongkun Group, Rongsheng etc., gathered to exchange ideas about the polyester chain.

In 2014, the global economy still developed with post-crisis characteristics and may face larger fluctuations and uncertainties. Meanwhile, macro systematic risk like RMB depreciation is deteriorating. Then, how will we interpret the world economic situation in 2014? How will polyester producers grasp the situation to determine their market operation strategies?

During the conference, participants exchanged information and ideas about status quo of polyester chain and contributed their opinions on market dynamics and perspectives, referring to Interpretation of China’s macroeconomic data in 2014, The maturing PTA futures market, U.S. Polyester Fiber: 2014, Crude oil price trend and prospects in H2 2014, The Role of China inside the world PET trade, Status quo and development trend of China’s polyester fiber market, Where is the way out for polyester amid the development dilemma, Pelletizing technology for leading PET producers, Influence of PTA futures on spot market, PTA futures market that draws world’s attention, Futures instrument helps to step into the international market, The effects of shale gas ethylene on the global MEG market, Enterprise risk management on account of futures hedging, Zimmer’s high efficient Finisher for PET and PBT tailor-made for different Product Applications, An introduction: A toluene/methanol-based process producing PX and light olefins, Advantages of linking petrochemicals with textiles, and 2014: China’s polyester market amid changing.

Concerning the status quo and development of polyester industry, deep analysis to the polyester value chain from PX to textiles and valuable opinions were contributed from speakers including Qi Jingmei of Economic Forecast Department of State Information Center, Wang Zongfang, Senior Manager of China Zhengzhou Commodity Exchange, Paul T. O’Day, President & Counsel of American Fiber Manufacturers Association, Zhang Chao, Manager of CNOOC Petrochemicals Import and Export Co., Ltd, Francesco Zanchi, CEO of Global Service International S.R.L, Zhang Youding, Deputy Section Chief, Synthetic Fiber Division of Sinopec Chemical Products Sales, Jing Liaoning, Deputy GM of Huitong Chemical Engineering Technique Co., Ltd., Andreas Weidner, Sales Director Pelletizing - Greater China & Vietnam of Automatik Plastics Machinery GmbH, Xu Zhaoyang, Vice President of Grand Resources Group Co., LTD, Liu Dewei, Board Chairman of Xianglu Chemical Fiber Company Limited, John Hodgkinson, Business Manager EO, EODs & Glycols of Tecnon OrbiChem, Luo Shoudong, Director of Institute of Shenyin & Wanguo Securities Co., Ltd., Gerald Kriesche, Director Technology of Air Liquide Global E&C Solutions Germany GmbH, Li Lixin, Deputy GM of Shanghai HOTO Engineering Inc., Andreas W. Engelhardt, General Manager of The Fiber Year, and Zhao Cheng, Deputy Manager, Information Dept. of CCFEI.

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Conference Papers

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