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Hong Kong to host fiber event

The PCI Fibers Conference 2013 will be held November 7 and 8th, 2013 in Hong Kong.This is a marketing conference covering textile fibers and certain raw materials.  It will feature speakers on a number of fibers including acrylics, carbon, nylon, polyester, polypropylene, spandex and viscose as well as the prime feedstock and intermediates for these. Wool and cotton will also be covered. 

China's manmade fiber capacity has been growing 15 per cent per annum until recently, while global demand over the period 2000-10 grew on an average at just under 5 per cent. In this period, while Chinese capacity has been growing rapidly, in the rest of the world, fiber types, such as acrylic staple, nylon textile filament and nylon staple, saw a decline in the range of 5 to 10 per cent a year. 

For the period 2010-15, capacity growth in China is expected to ease back to 10 per cent a year, while elsewhere there are signs of some expansion, at the rate of just over 3 per cent, led in particular by India. Expansion in China is a little slower now, but it will continue to influence operations in other markets. China will continue to set the pace in nylon textile filament, in polyester textile filament and in polyester industrial filament, but in other fibers there is expected to be a more even global expansion. 

 
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