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The second day session starts with Simon Garmston, Managing Director of PCI Acrylonitrile
Ltd. as chairman.
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On behalf of Toshiyasu Horie of Asahi Kasei Chemicals Corporation, Jaema Lee from Tongsuh Petrochemical presents the first speech of this session. In Mr. Lee¡¯s speech, he shares the opinion on ACN market trends in 2012, forecasting improving global demand, which is estimated at a historic height of 5.37 million ton.
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Wang Zhiyao from Beijing Hengju Chemical Group Corporation talks about AM/PAM industry
and shares with us his opinions on how to maintain healthy and sustainable development.
In his speech, Mr. Wang indicates that the AM/PAM industry of China will maintain
fast growth within next 10-20 years.
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After coffee break, Ashwini Chotani and Eklovya Bajaj from Thai Acrylic Fiber present
speeches, containing recent development of Aditya Birla Group¡¯s acrylic fiber business,
and major factors influencing the industry, indicating price fluctuation which curbs
short-term demand and erodes industry margin.
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Hong Jianli from the marketing team of Ningbo LG Yongxing Chemical introduces the
fast developing ABS industry of China. As a major consumer of ACN ranged only below
acrylic fiber, ABS industry has been growing fast during recent years. It is well-likely
that ABS will take the place of acrylic fiber as the largest ACN consumer group.
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Sun Min, Senior Analyst of China Chemical & Fiber Economic Information Network (CCFEI)
gives the last speech of the conference. In his speech, he takes a review on China
ACN industry in 2011, and gives perspective on market future through analysis on
downstream demand and other factors with detailed data.
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9th China International Acrylonitrile & Acrylic Fiber Forum comes to a successful
close.
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