Released on = February 27, 2007, 12:24 am

Press Release Author = YarnsandFibers

Industry = Apparel & Fashion

Press Release Summary =
"Polyester Chain Report: 2006" is a report published annually by
www.YarnsandFibers.com packed with up-to-date statistics on the entire value chain
beginning from propylene further to intermediate - Paraxylene to Polyester
Fibre/Filament. The Report presents tabulation and graphical presentation of trends
and status of demand and supply in acrylic chain across countries. Objective
description on the behaviour of individual segment of the value chain is also
presented analytically. Major investments and capacity shut down are captured
briefly. It covers times series on production, imports, exports and apparent
consumption for the period 2000 to 2005. Processes description, end use and
derivatives along with the latest producer-wise capacity are added feature of this
report.


Press Release Body = The polyester industry expanded 9.5% in terms of value to US$33
billion and by 2% in terms of volume in 2005. During the year, global production of
polyester touched 25 million to tons. While staple fibre production grew 2.6%,
filaments production increased 1.5%. Polyester accounts for over 75% of all man-made
fibres produced in the world. During the last 5-year period ended 2005, polyester
production has increased at a rate of 5% per annum. However, the next 4-5 years
would see the growth slowing down to around 4% per annum as per the latest report
published by www.YarnsandFibers.com : "Polyester Chain Report 2006"

Global polyester production capacity stands at 36 million tons, comprising 15
million tons of staple fibre and 21 million tons of filament yarns. Nearly 83 of
staple fibre capacity and 89% of filament capacities are in Asia. China accounts for
53% of staple fibre and 57% of filament yarn global capacity. India, Indonesia,
South Korea and Taiwan are the other major producers of polyester in the world.
Outside Asia, USA and Turkey are the major producers.

In terms of trade, Asia is the net exporter of polyester in the world. In polyester
staple fibre segment, South Korea and Taiwan are major exporters while China and USA
are major importer. Similarly, in polyester filament market, China, Mexico and
Brazil are major importers while South Korea, Taiwan, Mexico, Indonesia and Malaysia
are major exporting countries. In 2005, polyester industry was heavily weighed by
the rise in crude oil prices which had raised prices of PTA and MEG - the raw
material for polyester production.

For more information on the polyester chain report you may contact us at: +91 22
66291122 or reach us at sales@ynfx.com





Web Site = http://www.YarnsandFibers.com

Contact Details = YarnsandFibers.com
Doulatram Mansion, St Kittridge Rd, Colaba, Mumbai, India
91 22 66291120
91 22 22023563
mini@yarnsandfibers.com