In synthetic fibres, Indian market has high potential mid-term for FDY, IDY and staple yarns, which might have been also due to the slowdown in the Chinese economy, said Michael Korobczuk. “There is no change in the strong consolidation in China’s man-made fibre market. The new 13th Five-Year Plan with the 3-phase concept confirms two years of slow-down. India and Bangladesh are open for new staple fibre projects. In the 13th Five-year Plan, China intends to focus on New Fibre Materials, Intelligent Manufacture, Green Manufacture and Brand Build-up and Quality Improvement,†Korobczuk said, during his presentation at the Oerlikon Man-Made Fibre Seminar held at Silvassa very recently.
The seminar was part of the Oerlikon Man-made Fibres Customer Meet, held at the Treat Resort in Silvassa. All the top brass of Oerlikon including Georg Stausberg, CEO, Dr Wolfgang Ernst, Sales Director, and Andre Steingass, Regional Sales Director were present. From the Oerlikon India Office, Managing Director, Bhanu Patel, Senior Sales Managers, Chetan Bhagat and D Ghosh were present apart from others.
In his presentation on “Recycling Solutions for Yarn Productionâ€Â, Dr Ernst Wolfgang, Sales Director, talked at length about PET recycling, which is the most common polymer in man-made fibres and which has become the major raw materials for bottles. Huge amount of bottles lying around is a big source of raw materials for recycling, which has the advantages of image (eco sells), legal implications and economic aspects, the last factor being that recycled materials are much cheaper than virgin goods.
Read full report in March 2017 issue of ITJ.