Home / Knowledge / News / Textiles / Chinese CPL producers laugh all the way to the bank
Chinese CPL producers laugh all the way to the bank
07
Dec '11
China's caprolactam (CPL) sector managed to realize considerable profit margins from the beginning of the year to September. CPL price increased from 24,000 Yuan/ ton to 32,000 Yuan / ton from January to April and stayed in the range of 30,000 Yuan / ton in June to July.

Compared to polyester, nylon-6 polymer and its fibers have better toughness and wear resistance. Nylon-6 is gradually replacing metals and plastics in the automotive industry. However, operating rate of nylon-6 plants has been only 60-70 percent this year, due to lack of raw material supply.

In the first nine months, CPL producers garnered considerable profits from their operations, especially the two time periods from March to April and from June to July. Their profit per ton was over 10,000 Yuan in those periods. Although caprolactam price has now dropped to about 24,000 Yuan / ton, CPL producers still have decent profit margins.

Of the global new CPL capacities being set up, nearly 80 percent of global new production capacity will be concentrated in China next year. Of the new Chinese CPL capacity being created in 2012, 400,000 tons will be operational in first quarter and 200,000 tons in third quarter. 300,000 tons is expected to be added in 2013.

Moreover, recently, some listed companies, such as Luxi Chemical, China Chemical and Lanhua Sci-Tech Venture Co Ltd have announced new caprolactam projects with 200,000 tons of capacity, each.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search