Home / Knowledge / News / Textiles / PET market players seek optimal solutions
PET market players seek optimal solutions
13
Jul '09
The market of Polyethylene Terephthalate (PET) is experiencing drastic impacts of global economic crisis. Almost all the players of this market are suffering from this crisis and are searching for best possible solutions to endure the challenging economic climate.

The reality and the stance of the World PET market and Russian PET market were addressed at 'PET 2009', the International Conference held by Creon CJSC in Moscow. Currently, the Russian PET market is more dependent on imports attributed to lack of domestic production capacities.

In addition to this, several more recessionary upshots like low priced raw materials, diminished consumers' activities, as well as volatile exchange rates which have left their marks on PET market.

The preliminary estimates reveled that the PET production of Russia in 2008 was 190,400 tons, which was 16.2 percent more than the production in 2007. However, the consumption of PET has decreased by 6 percent from 573,000 to 538,400 tons and the rest of the demand gap is filled by imports of the raw material.

Fibre2fashion News Desk - India

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

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


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