The chemical fiber and textile industry extended the robust trend and the economic benefits enhanced steadily in 2011 facing with challenges such as U.S. and European debt crisis, tightened domestic monetary policy, inflations, RMB appreciations and investment spree both in upstream and downstream industry.

In 2012, Chinese government will mainly make adjustments on product structure, capital structure, hierarchical structure and regional structure of chemical fiber and textile industry. Polyester industry will enjoy improvements on capital, capacity concentration and district dimension advantages. Under the complicated macroeconomic situations, where are the industry headed for? What will the commodity market tend be in financial debt crisis? Will PTA market find new supply and demand balance after capacity expansion? What is the impact of polyester capacity expansion on the feedstock and end-user markets? What opportunities and challenges will polyester industry encounter in 2012?

Zhejiang Huarui Information Consulting Co., Ltd. (www.ccf.com.cn, www.ccfgroup.com) will host "2012 China Hangzhou Chemical Fiber Forum" on 19th-21st March, 2012 in Hangzhou. Representatives from national ministries, industry associations, major raw materials and polyester companies, as well as upstream and downstream related companies and trading companies will be invited to have in-depth discussion on issues of the macroeconomic situation, industry development, and business investment in 2012.

Chinese Government targets to flexible monetary policy in 2012. How will polyester enterprises keep stable growth and practice market operation strategy, guiding by state “Twelfth Five-Year Plan”, how to use futures market efficiently to avoid price fluctuation risk? How to take advantage from stock and commodities futures market to make strategic invest in long term. We will jointly discuss with financial research team from Guotai Junan, domestic known financial experts, investment companies and related famous enterprises.

We sincerely invite you to join us again!