China: helps drive world demand for nylon 6
Strong demand for nylon 6 in China is leading market growth for the engineering polymer,which forecasts global demand to grow at an average annual rate of close to 5% up to 2015. Capacity additions around the world are falling “a little short” of the forecast growth in global nylon 6 demand. It expects this to cause…
Capacity additions around the world are falling “a little short” of the forecast growth in global nylon 6 demand. It expects this to cause a modest rise in plant operating rates over the next five years. Global demand for nylon 66 engineering resin is forecast to grow at an average rate of close to 6% per year up to 2015.
In 2010, global nylon 66 supply was constrained by raw material supply concerns related to butadiene availability and production issues for key intermediates.
Source: www.yarnsandfibers.com
From the Egytex news archive, first published on 19 January 2011. Figures and names are as reported at the time.