The 8th China International Polyester & Intermediates Forum, supported by China Chemical Fiber Association (CCFA) and China National Chemical Fibre Corp., organized by China Chemical & Fiber Economic Information Network (CCFEI) and Tecnon OrbiChem, is held at 9:00 a.m., November 10th, 2011 in Shanghai, China. Leading players from home and overseas, including BP, Far Eastern Industry, Hengli, Hengyi Petrochemical, Huahong, PetroChina, Samsung, Sinopec, Sabic, Reliance, Rongsheng, Xingfengming...etc., are gathering to exchange ideas about the polyester chain.


Zhu Boliang, General Manager of China Chemical & Fiber Economic Information Network (CCFEI), is the chairman of the morning session.
Date 10 Nov 11 Nov


And Da Wei, Board Chairman of CCFEI, gives the opening speech for the conference, citing challenges facing chemical fiber industry, including uncertainties in global financial market, volatile bulk stock commodity prices, excess liquidity and tight monetary policies, as the major concerns of the industry.
Date 10 Nov 11 Nov


Zheng Junlin, Secretary General, China Chemical Fiber Association (CCFA) presents the first speech of the morning session, referring to characters of China polyester fiber industry, and described goals and tasks of the industry during the 12th Five-year Plan period.
Date 10 Nov 11 Nov


Dr. Li Shigang from the Institute of Foreign Economy of National Development and Reform Commission, gives a speech about current economic backdrop, with detailed analysis on Chinas financial policies.
Date 10 Nov 11 Nov


Madhu Suthanan from Reliance Industries Limited, introduces the advantages of integrated approach of polyester production, as well as recent development of Indian polyester industry.
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Feng Jiajun, Sales Manager of Samsung Petrochemical Shanghai Office, forecasts polyester consumption of China in next five years based on a GDP mode and abundant date.
Date 10 Nov 11 Nov


David Bargery from KREYENBORG, the major sponsor of the conference, introduces latest achievements in polyester and re-PET technologies.
Date 10 Nov 11 Nov


After lunch, the afternoon session starts with Roger Lee, Managing Director of Tecnon OrbiChem as the chairman.
Date 10 Nov 11 Nov


Hu Xinmin from Jiangyin Huahong Chemical Fiber gives a speech focusing on most concerned issues of PSF industry, including relieved pressure from cotton costs, deteriorating export market and expanding capacities, and he also talked about perspective of the industry.
Date 10 Nov 11 Nov


Wang Guozhu, Deputy GM of Jiangsu Yingxiang Chemical Fibre Stock focuses his speech on PFYs application in linings and fabrics, providing rich data of downstream textile market.
Date 10 Nov 11 Nov


Kai Kappe from Extricom GmbH Blach Extruder & Components presented the last speech of the first day sessions, in which he describes re-PET industry as sustainable and profitable.
Date 10 Nov 11 Nov


After the coffee break is the Networking stage for all participants and speakers exchanging information and opinions on market highlights, status quo and prospect of market future. Xu Zhilong from Hengyi Petrichemical was the chairman of this stage, and Dr. Li Shigang, Zhang Guoming from Grand Group Corporation, Meng Hongjun from Hengli Petrochemical Fiber, Shi Qiaoguan from CCFA, and Chen Haiju from Cushing Energy also participated in discussion.
Date 10 Nov 11 Nov

Above is the on-spot report for the first day sessions, and there will be more to come tomorrow.

China Chemical & Fiber Economic Information Network (CCFEI)