The second-day session starts with Charles Fryer, Board Chairman of Tecnon OrbiChem Ltd as Conference Chairman.

Wang Song from Wanhua Chemical Group contributes the first speech of the session, titled New Trend of Asian Benzene Market. Based on analysis of trade dynamics of Asian benzene market, as well as external environment and opportunities for China benzene market, Mr. Wang predicts that China’s benzene import will remain at above 1 million tons per month in next two years, and CFR China benchmark will be more representative of the actual level for Asian benzene market

Against the backdrop of supply-side reformation, nylon’s future is tied with functional and differentiated fibers. Ma Yufei, Chief Scientist of Henglibao Nano New Material Technology brings us a report on Graphene-modified Nylon 6 Chip of High Performance

Zhao Jie, Deputy GM Assistant of Changle Highsun Synthetic Fiber Technologies introduces R&D progresses of Highsun in his speech titled Development and Application of New Products of Polyamide 6 Yarn

After coffee break, Zhao Ling, General Manager of CHTC Sinofiber Wuxi talks about The Market Status and Development Prospect of Polyamide Staple Fiber Industry in China, suggesting that fibers of differentiated, low-energy consumption, high-quality, functional and environmental-friendly will be the focuses in R&D.

James Mills and Emma Liu fromTecnon OrbiChem together present us a speech about China as the new growth centre of polyamide 66 and intermediates. As the speech mentioned, China’s adipic acid market has been oversupplied since 2012, and the oversupply will intensify as new adipic acid projects come on stream. As the result, Chinese adipic acid producers are actively developing overseas markets to absorb excess supply. They refer to Invista’s recent start-up of new 215 ktpa HMDA and 150 ktpa polymer plants in Shanghai, which will boost demand for polyamide 66 polymer in China.

Lin Jun Chief Editor of CCFEI concludes the second-day session with the speech Macroeconomic Backdrop and Nylon Industry, focusing on macroeconomic trends, profit distribution and inventory cycles of nylon industry. She suggests that players should pay attention on relevantly low crude oil values and strong USD, risks of RMB appreciation and changing profit structure. According to her opinion, in 2017 profit of China’s nylon industry may probably improve in general, based on inventory cycles in past years.