Home / Knowledge / News / Textiles / Output of Caprolactam falls sharply in November
Output of Caprolactam falls sharply in November
Jan '09
2008 began with a sharp rise in crude oil prices resulting in an increase in prices of its derivatives like petrochemicals etc. During the first few months of the year, a downtrend in consumption of petrochemicals was also witnessed leading to major petrochemical plants announcing part closures of different products.

But since the unfolding of the economic crisis in the third quarter of 2007, the slowdown has increased to levels never seen before as consumer spending dropped leading to a fall in demand from downstream industries. Output of major petrochemical raw materials like ethylene and caprolactam was affected the most.

China which is one of the world's largest petrochemical manufacturer and consumer, witnessed output of caprolactam falling by 55 percent in November when compared with the same period of 2007, according to a news letter of the state owned refining and petrochemical major Sinopec Corp.

The company has citied a slowdown in demand from downstream Nylon chips manufacturing capacities in China and Taiwan which has created a situation of oversupply in the previous months leading to cut in production of the key feedstock material of nylon chips.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search