Supported by Acrylic Fiber Commission of China Chemical Fiber Association and China National Chemical Fiber Corp., organized by China Chemical & Fiber Economic Information Network (CCFEI) and PCI Acrylonitrile Ltd, the 9th China International Acrylonitrile & Acrylic Fiber Forum is held on 8 Mar, 2012, beginning at 9:00 in Minya Hotel, Shanghai, China. Representatives from leading players including Sinopec, PetroChina, Jilin Petrochemical, Shanghai Petrochemical, Daqing Petrochemical, Asahi Kasei, Tongsuh, Ineos, Dralon, Dia-Nitrix, PTTChem, Sumitomo, SABIC, Jilin Chemical Fiber, Thai Acrylic Fibre, AKSA, Indian Acrylics Limited...etc., are gathering here to change ideas about market status quo and future.


Zhu Boliang, General Manager of China Chemical & Fiber Economic Information Network (CCFEI), is the chairman of the morning session.
Date 8 Mar 9 Mar


And Da Wei, Board Chairman of CCFEI, gives the opening speech for the conference.
Date 8 Mar 9 Mar


Zheng Junlin, Secretary General of China Chemical Fiber Association gives the first speech of the Forum. As the first year in Chinaí»s 12th Five-year Plan period, in 2011 China chemical fiber industry had gone through turmoil brought by instabilities of global economy and politics. In the future, will China acrylic fiber industry continue to expand or shrink? In Mr. Zhengí»s speech, he refers to targets for the industry set by the 12th Five-year Plan, and gives detailed analysis on possible problems to face the industry in future development.
Date 8 Mar 9 Mar


Against the backdrop of uncertainties in global economic outlook with impact from debt crisis in the west, Qi Jingmei, Researcher of State Information Center, talks about China economy perspective in 2012 with a view on macro-economic environment and policies.
Date 8 Mar 9 Mar


After coffee break, Simon Garmston, Managing Director of PCI Acrylonitrile Ltd gives analysis on supply/demand balance of global acrylonitrile market by looking into acrylic fiber and other derivatives, based on detailed data and his rich experiences in this industry.
Date 8 Mar 9 Mar


Huang Youcheng, Section Chief of Sales Center of Jilin Petrochemical, which is among the largest ACN suppliers in Asia, takes a review in 2011 market while also looks into 2012. Jilin Petrochemical, with its role as a key supplier in China, has contributed a lot to balancing market and increasing self-dependence of ACN supply.
Date 8 Mar 9 Mar


Wang Yong from Nanhua Futures, and Geng Zhicheng from Energy Research Institute of NDRC, work together to focus on the upstream energy complex, analyzing factors behind crude oil dynamics and how they affect crude oil prices.
Date 8 Mar 9 Mar


After lunch, the afternoon session starts with Bo Guangming, Deputy Secretary General, China Chemical Fiber Association as the chairman.
Date 8 Mar 9 Mar


Yang Xuefeng, General Manager of Jilin Qifeng Chemical Fiber of Jilin Chemical Fiber Group, is the first speaker of afternoon session. In his speech, Mr. Yang introduces status quo of China acrylic fiber industry, and Jilin Chemical Fiberí»s strategy in 2012 based on perspective of stable domestic demand.
Date 8 Mar 9 Mar


Sun Huibin, Chief Engineer of Daqing Petrochemicalí»s Acrylic Fiber Plant gives detailed introduction of latest development of R&D of new acrylic fibers in China. Acrylic Fiber Plant of Daqing Petrochemical is one of major China acrylic fiber suppliers. It takes a leading edge in R&D of new type and modified fibers.
Date 8 Mar 9 Mar


Andreas Engelhardt, General Manager of The Fiber Year LLC. presents us statistics and analysis on global textile and chemical fiber industry, and advises that industry insiders in different sectors should get united to compete with the growing polyester fiber industry, and discipline themselves to pursue high value-added and avoid excess capacity.
Date 8 Mar 9 Mar

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)