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By Geoff Fisher, European Editor

Europe’s manmade fiber industry leaders have called on their Chinese counterparts to base future investment decisions on rational economics and reduce senseless overcapacities, especially in polyester fibers.
Addressing the 54th Dornbirn Man-Made Fibers Congress held in Dornbirn, Austria, in September, Heinz Meierkord, president of CIRFS, the European Man-Made Fibres Association, described how Chinese overcapacity represented 25% of global polyester fiber capacity in 2015.

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A rail strike in Germany did little to dampen the enthusiasm for visitors to Techtextil last month, when around 42,000 from 116 countries made their way to Frankfurt am Main. …

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While the technical textiles industry has matured in many respects, the sector continues to grow, spurred on by a myriad of macro-drivers, such as growing populations in developing countries, maturing populations in developed economies.

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