Home / Knowledge / News / Textiles / China's investment in polyester production to go up
China's investment in polyester production to go up
05
Jan '12
About 75 percent of global PTA demand arises from polyester fibre, with the rest from filament, chips and film.

In 2011, global polyester production capacity, including filament, fibre and yarn, increased rapidly to 67 million tons.

China ranks first in the world with capacity to produce 34 million tons of polyester. The country also accounts for 52 percent of global PTA consumption.

In 2010, China's domestic demand for polyester increased by 17.5 percent year-on-year and in 2011 it is likely to increase by 17 percent year-on-year to 27.5 million tons.

In the next three years, China will continue to invest in adding new polyester production capacity in the country. From 2012-2014, polyester production capacity in China is likely to increase by 3-4 million tons every year. This would help absorb part of the new PTA supply.

Currently, however, the financial slump in the US and European markets would result in reduced demand for Chinese textiles and garments and hence, the industry is not likely to maintain the high operating rate of 2010-11. In 2012, the operating rate of polyester manufacturing industry will see a gradual decline.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

Courtesy: Tintex

Textiles | On 21st Jun 2018

'Price ratio is key factor for knitted fabrics market'

The price ratio is a key factor for the global knitted fabrics market ...

Leisure sneakers lead US footwear sales: The NPD Group

Apparel/Garments | On 21st Jun 2018

Leisure sneakers lead US footwear sales: The NPD Group

Leisure sneakers dominated US footwear sales between May 2017 and...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search