Fiber sales increase slightly: second quarter shipments total 193 million pounds. (Fibers Quarter).
Shipments of olefin olefin (ō`ləfĭn) or olefin series: see alkene.
Any unsaturated hydrocarbon containing one or more pairs of carbon atoms linked by a double bond (see , polyester polyester, synthetic fiber, produced by the polymerization of the product formed when an alcohol and organic acid react. The outstanding characteristic of polyesters is their ability to resist wrinkling and to spring back into shape when creased. and rayon to nonwovens Nonwoven textiles are those which are neither woven nor knit, for example felt. General use hyphenates the word, but industrial use spells it as one word. Non-wovens are typically not strong (unless reinforced by a backing or densified). in the second quarter of 2002 totaled 193 million pounds, a slight (1%) increase compared to the corresponding quarter of last year but no improvement over the figure for the first quarter of this year.
For the first six months of the year, sales are running 10 million pounds (3%) behind last year. The figures (in millions of pounds) are shown in Table 1.
During the first half of the current year, olefin's share of the market declined to 59%, compared to 61% a year earlier while polyester moved up to 32% and rayon to 9%. Olefin has been increasing its marketshare at polyester's expense for several years now. Whether this drop is a turnaround Turnaround
A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.
A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. or a reflection of competitive fiber availability at attractive prices is not quite clear. It seems likely that, in the coming months, olefin will regain lost ground.
If business in the nonwovens segment was no better than so-so, it was weaker in the conventional woven/knit/tufted area of fiber use. Table 2 takes the total domestic shipments of olefin and polyester staple 1. (language) STAPLE - A programming language written at Manchester (University?) and used at ICL in the early 1970s for writing the test suites. STAPLE was based on Algol 68 and had a very advanced optimising compiler.
2. , subtracts the nonwovens uses and then shows the balance shipped to all other markets (called for convenience "Textile textile
Any filament, fibre, or yarn that can be made into fabric or cloth, and the resulting material itself. The word originally referred only to woven fabrics but now includes knitted, bonded, felted, and tufted fabrics as well. ")
The large increase in olefin staple sales to textile markets during the first half of the current year is eye catching. It stems from the fact that, in the second quarter, 14 million pounds of olefin staple were reported in the all other category, which usually shows quantities in the 0.5-1.0 million pound range.
With shipments to nonwovens running slightly behind the previous year (which itself was a poor one) and, in light of current slow business in many trades, it is difficult to be more than mildly optimistic op·ti·mist
1. One who usually expects a favorable outcome.
2. A believer in philosophical optimism.
op about how the final figures for the year will look. A figure of perhaps 720 million pounds seems a likely answer. That would make 2002 a decidedly mediocre me·di·o·cre
Moderate to inferior in quality; ordinary. See Synonyms at average.
[French médiocre, from Latin mediocris : medius, middle; see medhyo- year.
Polyester Fiberfill fi·ber·fill
Lightweight synthetic fiber used as filling or insulation, as in comforters, pillows, and outerwear. Notes
In terms of total volume, the polyester fiberfill picture so far this year is about the same as nonwovens--first half shipments were 199 million pounds, 2% under the corresponding 2001 results. For the year, shipments may reach somewhere around 410 million pounds, which would be better than last year's 389 million pounds but worse than in several recent years.
TABLE I Fiber Shipments Olefin Polyester Rayon Total Jan.-June 2002 229 125 32 386 Jan.-June 2001 241 122 33 396 Change (mil. pounds) -12 +3 -1 -10 (%) -5 +2 -3 -3 source: Fiber Economics Bureau TABLE 2 Shipments By Market Six months Six months 2001 2002 Change lbs/%. Domestic shipments of olefin 351 353 +2/1% To nonwovens 241 229 -12/-5% To textile markets 110 124 +14/+13 Domestic shipments of polyester 928 879 -49/-5% To nonwovens 122 125 +3/+2% To textile markets 806 754 -52/-6% Total above Domestic shipments 1279 1232 -47/-4% To nonwovens 363 354 -9/-2% To textile markets 916 878 -38/-4%