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

Shen Yili from Zhejiang Huafon Spandex takes a Review of Benzene Market Changes in 2017, while looks into market future. She believes that by the year 2021, new refining capacities from India and Southeast Asia will be concentrated, with bulk of which are not matched with benzene downstream capacities, and export availability will spiral. import demand in 2018-2019 in China will continue to rise till 2020 when a fallback will ensue, but China will still be the major net importer around the world.

Supply gap of adiponitrile has been a bottleneck for homemade nylon 66 production. Lv Min, Project Leader of Shandong Runxing Chemical Technology contributes a speech with the title--To Get a Foot in the Door for Adiponitrile Localization is Necessary!

Dr Laurent GERVAT, Technical Polymers and Composites Expert of Renault gives a report about Current and Future Automotive Needs for Commodity and High Performance Polyamides.

After coffee break, Charles Fryer and Emma Liu from Tecnon OrbiChem together contribute a speech titled Polyamide 66 – A New Chapter or Business as Usual? Main ideas of the speech include: Strong demand for polyamide 66 engineering resins and filaments spurring growth throughout the chain; Investment in PA 66 precursors is ongoing, but constraints from adiponitrile capacity are looming; China’s adipic acid market remains oversupplied, but strict environmental inspections are expected to curb production in the future; widening price gap between PA 6 and PA 66 raising awareness.

To conclude the session, Jiang Zhenhua, Analyst of CHTC Landview Network Co., Ltd. (CCFEI) brings his speech about Nylon Industry Greeting a Boom. By analysis on abundant data, he comes to the conclusion that 2017 may mark and end of successive five years of weakness, as performance of industrial yarn and cord fabric was better than expectation and in turn profit margins were higher compared with that in 2016. And he predict that in 2018 the market may see further improvement.