With U.S. and European economy gradually recover, external demand is increasing. But policies of major economic entities have diverged, leaving uncertainness in future development. Meanwhile, China economic situation becomes more complicated when authorities put on more focus on stable growth and deepening reforms.

In 2014, with more capacities to come on stream but weaker demand expectation, Asian PX market is facing challenges. PX contract negotiations failed to reach agreement since early this year. Meanwhile, PTA makers also rallied to cut production and adopted a new contract settlement formula, which may significantly influence cost of polyester plants.

Bottle grade PET resin industry is confronted with increasing risks of anti-dumping investigations when export sales constantly increased. Under the barriers of local trade protectionism, how can China bottle grade PET resin industry break through? Will the new PTA contract settlement mode influence China’s export competitiveness? After fast expansion, can PET film industry archive diversified development mode and create high added value? In addition, what’s the development of PET sheet industry?

How will PET producers deal with new PTA contract settlement formula?
What countermeasures will PET bottle chip plants take facing regional protectionism and global capacity expansion?
Could demand for PET bottle chip be sustained with disrupted seasonal purchasing rhythm?

Zhejiang Huarui Information Consulting Co, Ltd. (CCFGroup) will hold 2014 International PET Industry Forum during October 22-23, in Grand Parkray Hangzhou. The spotlight of the conference will be on industry opportunities and challenges in the future bottle grade PET resin industry. We are looking forward to meeting you in Hangzhou!