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Nylon Makers Seeing Biz Soar on Rising CPL Price.
(From Taiwan Economic News)
Taipei, Dec. 15, 2005 (CENS)--Taiwan's textile makers have recently adjusted their production lines to meet the growing demand for nylon products and to take advantage of the rising price of caprolactam (CPL). Li Peng Enterprise Co. and Zig Sheng Industrial Co. have already added new production lines to turn out nylon chips to meet the recent market boom
The price of CPL tumbled from its previous peak of US$2,250 per metric ton to a record low of US$1,650 due to falling benzene prices and a slump in market demand. Now the price of CPL is bouncing back, which is giving a big boost to the domestic nylon industry
To meet …
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