In 2008 the US$45 billion polyester industry saw decline in supply - demand of polyester [ 24 Nov, 2009]
The
Polyester Chain Report 2009 published by YnFx reports, polyester staple fibre industry was adversely affected by the global slowdown with crisis aggravating in the second half of the year 2008. About half a billion US$ were shaved off during the year at US$16.5 billion. Such drastic performance was unseen in the past 10 years. During 2008, capacity expanded by mere 1% while output and consumption declined 2.5% and 3% respectively. Only 158,000 tons of net capacity was added during the year, with Asia alone adding 590,000 tons. Other regions witnessed capacity derating.
Polyester filament yarn consumption reached 18.6 million tons increasing 0.1% in 2008. Of this, Asia alone consumed 17.3 million tons. Outside Asia, prominent consuming regions were Middle East and USA, together consuming 7% of global supplies with volumes at 0.74 million tons and 0.61 million tons respectively. Americas including south and Central, together consumed 6% or 1.1 million tons of PFY.
The “Polyester Chain Report: 2009” published by
www.YnFx.com contains 150 pages packed with up-to-date statistics and objective analysis of the trends and recent development of the polyester Industry covering the entire value chain beginning from ethylene further to intermediate – PTA and MEG, down to polyester fibre and filaments. The Report presents tabulation and graphical presentation of trends in demand and supply of polyester chain country-wise from 2003 to 2008 and projections upto 2014 for both fibre and filament. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report. This issue for the first time covers information on Polyester – International trade.
You may view the detailed Table of Content of the report here:
Report TOC
To get the complete analyzed report on the global Polyester Chain Industry 2008 published in the latest 2009 issue please contact us at
sales@ynfx.com or call us at 91 22 66291122.
Source: YnFx.com
Mitsubishi to outsource Soluna PFY production [ 16 Sep, 2009]
Japan-based Mitsubishi Rayon Co. Ltd. (MRC) and its subsidiary Mitsubishi Rayon Textile Co. Ltd. (MTX) have announced they will begin outsourcing production of Soluna polyester filament yarn (PFY) to companies in the Unitika Group, Japan, including Unitika Ltd., Unitika Fibers Ltd., and Nippon-Ester Co. Ltd.
Nippon-Ester Co. Ltd. of Okazaki, Aichi Prefecture, will begin consignment production of Soluna PFY in October 2009, after which MTX will continue to sell Soluna in yarn or textile form. MRC will quit producing Soluna PFY at its Toyohashi production center by the end of March 2010, but will continue research and development on Soluna yarn.
Source: Textileworldasia.com
