Apart from an economic update, the meeting discussed issues such as the large man-made fibre overcapacities in China, trade distortions, developments in European legislation, particularly as to environment and energy, as well as numerous technical, economic and statistical problems.
The AGM also included open session presentations on man-made fibre (MMF) issues in the USA, trade in chemicals, developments in the wool market and a global man-made fibres market update.
“Trade distortions are on the rise and the weight of European legislation is becoming heavier, in particular in the environmental-energy field. The European MMF industry is fully committed to the European Commission's sustainability debate and as such offers solutions to many challenges. It is also determined to playing its role in the European Commission's Jobs/Growth/Investment agenda,” said Heinz Meierkord, CIRFS president.
He further added, “The man-made fibres industry urgently needs a level playing field in order to compete on fair terms with the rest of the world. I sincerely hope that we can further develop the dialogue with our European authorities in this respect.”
The AGM was followed by the annual executive seminar with additional presentations on feedstock markets, technical textiles, circular economy aspects, and other sustainability aspects dealt with in the textile Industry. (HO)
Fibre2Fashion News Desk – India
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