12 Jul
The second day session, focusing on MEG, starts with Zhao Cheng, Principal for Polyester Industry Chain, CCFEI as the Chairwoman.
Date 11 Jul 12 Jul


Antulio Borneo Jr, Global Marketing Director of MEGlobal brings us a speech about The Future of MEG. Based on estimated MEG demand in 2018 at more than 31 million ton, with 90% from polyester, and more than 14 million ton new MEG capacity scheduled during 2018-2023, Mr. Borneo predicts that utilization rate of MEG capacities will decline to 73% from current 81%.
Date 11 Jul 12 Jul


Zhao Jun, Chemical Feedstock General Manager of Sinochem International provides an Analysis on MEG Market based on Its Position in the Industry Chain, based on detailed data of ethylene, EO and EG sectors, and predicts impact from new capacities within the world scope.
Date 11 Jul 12Jul


Kim Hyun-Min, Senior Consultant of Tecnon OrbiChem contributes a speech titled Examining the Global PET Resin Industry: Trends & Challenges.
Date 11 Jul 12 Jul


After coffee break, Wang Yuning, Manager of Industry Development Department, Dalian Commodity Exchange introduces Pilot Innovation in Industrial Services of DCE.
Date 11 Jul 12 Jul


The conference comes to a conclusion with Cao Wenting, Senior Analyst of CCFEI analyzing MEG Trade Logic in a Period of Capacity Expansion. She suggests that before the release of new PTA capacities, combining PTA backwardation and MEG contango is a relative safe choice, and current arbitrage of MEG spots/futures hedging may be less vulnerable to price changes compared with trading MEG alone.
Date 11 Jul 12 Jul

16th China International Polyester & Intermediates Forum comes to a successful close.
Date 11 Jul 12 Jul


China Chemical & Fiber Economic Information Network (CCFEI)