In 2008 the financial crisis sent world economies into turmoil, punching hardly on global manufacturing industry, and there was no escape for textile and apparel industry of China, which heavily relies on export, and industry giants went into bankrupt or restructuring one by one.

In China polyester industry is the one suffers most from the economic woe. The whole industry chain suffers great loss as prices slump. Under the heavy burden posed by financial pressure and poor sales, many suppliers have to cut operating rate, while demand from both overseas and domestic market has shrunk sharply.

However we are to shake off the shadow cast by the downturn. Chinese government has taken lots of supportive measures to revive its industry, including raising reserve ratio and export rebate rate, while world financial system is in recovery and so is crud oil value. How could we grab opportunities from these positive factors?

· Challenges are usually accompanied with opportunities, and each time of financial crisis throws manufacturing industry into a reshuffle, which grants plenty of opportunities to better management, cooperation and innovation.
· With more and more players taking part in polyester industry, there come problems. A flurry of startups of new capacity of paraxylene, PTA and MEG put domestic demand/supply balance in danger, while it also intensified competition between domestic and overseas suppliers. Will the uprising privately owned enterprises came into clash with old quoting and settling system? And how long could industrial filament and PET chip bottle grade still sit in comfort?
· What changes have taken place to the role of polyester fibers in textile industry? Against the backdrop of financial crisis, where lays the future for textile industry of China, and what influence will be brought to polyester industry?

For those widely concerned issues mentioned above, polyester and petrochemical players need an opportunity to communicate with each other. So based on the previous five successful Forums, China Chemical & Fiber Economic Information Network (CCFEI) and Tecnon OrbiChem are again to jointly organize the 6th China International Polyester & Intermediates Forum, to be held during 28-30 Oct 2009.


Part of participants in past events:
Apex Energy LIC, BP, CIRFS, G.S.I. Global Service International, Gulf Resources Development Corp, Hyosung, Indorama, LOTTE DAESAN, MBG Techbelt Innovation Gmbh, MEGlobal Trading Co., Ltd, Mitsubishi, Mitsui & Co, Oerlikon Barmag, PT.GT Petrochem Industries Tbk, PTT CHEMICAL PLC, Reliance Industries, SABIC, SEONG-AN SYNTHETICS CO., LTD., Sinochem Trading (Singapore) PTE. Ltd., S-OIL Corporation, Teijin, Terphane Ltda., TPT Petrochemicals PCL, UOP Beijing Office, CCFA, PetroChina, Sinopec, Hengyi Group, Zhejiang Tiansheng, Zhejiang Xinfengming, Jiangyng Chengxing, Shell (China), Zhejiang Tongkun, Zhejiang Lianda, PetroChina Garson, Huarun Polyester, Zhejiang Longda, Zhejiang Hongjian, Jiangsu Desai, Textile Industry Design Insititute of Sichuan Province, Xianglu Petrochemical, Yizheng Chemical Fiber, Rongsheng Chemical Fiber, Invista, Far Eastern Industrial (Shanghai), Sanfangxiang, Heilongjiang Longdi, South Holding Group, Huaxicun Group, TORAY Fibers & Textiles Research Laboratories (CHINA), Hainan Shengzhiye, Jiangsu Puheng, Jiangsu Sumec, Shanghai Qiansheng...

Supporters:


Organizers:

Registration time:
Conference time:
Conference place:
Hotel Tel:
Hotel Fax:
Language:
Conference Fees:
China National Development and Reform Commission
China Chemical Fiber Association
China National Chemical Fiber Corp.
China Chemical & Fiber Economic Information Network (CCFEI)
Tecnon OrbiChem
28 Oct 2009
29-30 Oct 2009
Rainbow Hotel, No. 2000, West Yan'an Road, Shanghai, China
86-21-62753388
86-21-62753736
Chinese and English (Simultaneous Interpretation)
The full registration fee is US$800 per person, including the costs of all sessions, conference documentation, lunch, dinner and tea/coffee during the conference time, while excluding hotel accommodation. Group discounts are available. Please inquire for details.

Cancellation & Refunds:
A full refund will be made for all written cancellations two weeks before the forum. A 50% refund will be made for written cancellations received 7 days before the forum. Thereafter, no refunds are possible. A substitute may be made at any time.

If you are interested in attending this conference, please send us the Registration Form by email or fax before 15 Oct 2009.Thus, we can make earlier arrangement, e.g. seat arrangement, etc.

For bank remittance, kindly see the following bank details:

BENEFICIARY:
ACCOUNT NUMBER:
BANK:
BANK ADDRESS:
SWIFT CODE:
Sinofiber Consulting Co., Ltd.
044159-8850-09834108091001
SHANGHAI YANGPU SUB-BRANCH BANK OF CHINA
No.1116.2/F Pingliang Road, Shanghai 200090, P. R. China
BKCH CNBJ 300

Please visit us at China Chemical & Fiber Economic Information Network (CCFEI),http://www.ccfei.net for any updates.

Contact person
Wallace Weng
International Business Director
China Chemical & Fiber Economic Information Network (CCFEI)

Tel:
Fax:
Email:

Website:
86-21-51534433 (Ext) 217, 86-21-55216870 (Dir)
86-21-55218105
wengyijie@cnfiber.com
wallaceweng@263.net
http://www.ccfei.net