10 January 2012 05:32 [Source: ICIS news]
By Adele Zhu
The country is expected to import 620,000 tonnes of capro in 2012, which is a growth of 0.8%, while its domestic output is expected to grow by 28.1% to 680,000 tonnes, according to data from Chemease, an ICIS Service in
Capro imports in 2012 are expected to remain at high levels because of the lower rate of anti-dumping duties (ADDs) on imported capro since October 2011. In addition, the appreciation of the Chinese yuan will help promote capro imports.
Juhua Group is planning to bring on line a 25,000 tonne/year expansion at Quzhou in
Zhejiang Hengyi is planning to start up a 200,000 tonne/year capro plant at
In addition, Shandong Haili Industrial delayed the start-up at its 100,000 tonne/year plant in at
Capro is used in the production of nylon, which is widely used in the manufacture of hosiery, knitted garments, threads, ropes, filaments, nets and tyre cords.
Nylon 6 (polyamide 6) chips, the main downstream of capro, are used to make other downstream products namely, textile yarn, industrial yarn, engineering plastics and packaging film materials.
In the domestic Chinese market, prominent downstream products are tyre cord fabric, which is used in the industrial sector; and textile yarn, which is used in the textile and clothing sector.
Demand from the downstream nylon 6 market, which itself will see large scale capacity expansion in 2012, is expected to remain strong in 2012.
The consumption from the nylon 6 tyre cord sector in 2012 is expected to remain stable at 240,000 tonnes with no planned capacity expansions in the sector.
In 2013, the total consumption of capro from two sectors will be flat at around 1.3m tonnes, according to Chemease data.Additional reporting by Angeline Zhang
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Read John Richardson and Malini Hariharan’s blog – Asian Chemical Connections
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