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- A Preliminary Study
Researched & Prepared by:
Guangzhou CCM Chemicals Co., Ltd. Guangzhou, P. R. China
Copyright by Guangzhou CCM Chemicals Co., Ltd. (P. R. China) Any publication, distribution or copying of the content in this report is prohibited. Website: www.cnchemicals.com Tel: +86-20-3876 8926 Fax: +86-20-3876 8956
Content Executive Summary Global Overview of PET PET Market in China Introduction and Methodology Technology Development Historic PET Technology Trends Introduction to DMT Technology Introduction of PTA Technology Current PET Technology Assessment Innovations in PET technology Product Types of PET Comparison of Chinese and Foreign Technologies Market Trends and Forecast Foreign Involvement in Chinese Production Key Factors influencing PET Production PET Production Difficulties Competitiveness of Chinese Production and Supply Raw Material Supply Situation PX PTA EG Historic PET Market Development Historic Import and Export Analysis of PET Role of the Government in the PET Industry Driving Forces in the PET Industry Historic and Current Market Size Quantitive Forecasts of PET Market to 2010 to 2015 Consumption Patterns of PET Analysis of PET Applications Key Factors Influencing the Mass Consumption of PET Consumption in Fiber Consumption in Thin Film Consumption in Package Resin Consumption in Other Fields Summary of Major End Users Demand for PET and Future Growth Areas Price Trends Historic Pricing of PET Factors Resulting in Price Changes Company Information Chinese Traders Importing and Exporting PET Foreign Companies in China Dragon Special Resin (Xiamen) Co., Ltd. Shanghai Lianji Synthetic Fibre Co., Ltd. Jiangsu Changzhou Worldbest Radici Co., Ltd. Jiangsu Changzhou Andenie Polyester Co., Ltd. Far Eastern Industrial (Shanghai) Co., Ltd. 3 3 5 6 7 7 7 7 9 12 16 17 19 19 20 25 27 29 29 31 34 37 38 51 53 55 56 61 61 62 68 69 70 71 72 74 76 76 78 80 80 91 91 92 93 94 95
Part I I-1 I-1.1 I-1.2 I-2 I-3 I-4 I-5 Part II II-1 II-2 II-3 II-4 II-5 II-5.1 II-5.2 II-5.3 II-6 II-7 II-8 II-9 II-10 II-11 Part III III-1 III-2 III-3 III-4 III-5 III-6 III-7 III-8 Part IV IV-1 IV-2 Part V V-1 V-2 V-2.1 V-2.2 V-2.3 V-2.4 V-2.5
V-2.6 V-3 V-3.1 V-3.2 V-3.3 V-3.4 V-3.5 V-3.6 V-3.7 V-3.8 V-3.9 V-3.10 V-3.11 V-3.12 V-3.13 V-3.14 V-3.15 V-3.16 V-3.17 V-3.18 V-3.19 V-3.20 V-3.21 V-3.22 V-3.23 V-3.24 V-3.25 V-3.26 V-3.27 V-3.28 V-3.29 V-4 V-4.1 V-5
Hunomik (Shanghai) International Trade Co., Ltd. Profiles of Current Domestic Producers Sinopec Yizheng Chemical Fibre Co., Ltd. Jiangsu Xinye Plastic Chemical Co., Ltd. Liaoning Liaoyang Petrochemical Co. Ltd. Guangdong Kaiping Polyester Enterprises Group Co., Ltd. Guangdong Zhuhai Yuhua Polyester Co., Ltd. Zhejiang Chemical Fibre Joint Co., Ltd Shandong Jinan Zhenghao Advanced Fiber Co., Ltd. Sinopec Corp. Tianjin Branch Sinopec Luoyang Petrochemical Complex Zhejiang Tongkun Group Xinjiang Tunhe Polyester Co., Ltd. Heilongjiang Longdi Stock Co., Ltd. China Pushi Group Co., Ltd. Jiangsu Wujiang Silk Group Co., Ltd. Zhejiang Cifu Group Co., Ltd. Zhejiang Zongheng Group Co., Ltd. Hunan Jindi Chemical Fibre Co., Ltd. Sinopec Shanghai Petrochemical Co. Ltd. Sichuan Polyester Co., Ltd. Zhejiang Yuandong Chemical Fiber Group Zhejiang Hengyi Group Co., Ltd. Guangzhou Yamei Polyester Co., Ltd. Guangdong Foshan Chemical Fibre Complex Co., Ltd. Hainan Xinye Polyester Co., Ltd. Guangdong Shantou Soe First Polyester Films Co., Ltd. Sichuan Guangkang Chemical Fibre Co., Ltd. Xinjiang Urumqi Petrochemical Complex Chemical Factory Zhejiang Zhenbang Fibre Co., Ltd. Henan Luoyang Nanfeng Polyester Co., Ltd. Potential New PET Manufacturers Anhui TSF Electric Materials Co., Ltd. Closed PET Manufacturing Sites
96 97 97 98 99 100 101 102 103 104 105 107 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 126 127 128 130 130 131
760/MT in Dec. 3 . Recently the price of raw materials rose again. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. 2005. DAKAmericas. Some PET producers have announced to invest new PET facilities. As the demand off-season comes and the price of raw materials slides down this year. that in North America will slide down from 50% in 1990 to 41%. PET manufacturers still can obtain profit because the cost of raw materials dropped. The growth rate of PET demand in Asia especially China is the fastest in the world. the price increment of PET in the United States was as much as USD594/MT. 2004. Eastman Chemical and Wellman all plan to enlarge their PET production capacity.000MTs/year in 2006.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense.000MTs compared to 2003. it is estimated that the import of PET in the United States will keep stable this year.Executive Summary 1. In 2004. Due to the strongly resuming demand. Middle East and Africa will still account for about 30%. However. According to statistics. the import of low-price PET will strike the United States in 2007. Asia becomes the key region of PET demand. Global Overview of PET . the price of PET decreased USD209/MT. and the price ever rose to USD1. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly.25 million MTs/year increment of PET production capacity in 2005 and 500. and PET producers have increased the PET price RMB88/MT since Aug. that in Europe. However. the import volume of PET in 2004 decreased 44% to 150. As the application technology gets mature increasingly. For instance. It is estimated that the demand of PET in Asia will account for 29% of the global demand. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. decreasing import as well as few newly-built facilities. Because of the high operation rate and large price increment of the raw materials. Indonesia and Thailand by . the price of PET in North America goes up. there will be a 1. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. together with the antidumping tax imposed on the PET imported from India. Although the growth rate of demand is higher than that in Europe and North America. Although the International Trade Commission of the United States decides to nullify the import tax on PET.
In developing countries. which will reach 4.6 million MTs in 2004. and this proportion will be up to 17% in 2005.6% of total consumption.In 2004. At the present the PET has been applied in drink. bottle and film fields. and in 2004 this volume increased to 31. the consumption volume of bottle-grade PET in the world was 5. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005. the press on the profit ability in European PET industry will continue to exist. especially the price of materials is low. At present. and North America will become the largest market in the world with the consumption volume over 250. PET producers in West Europe restrict the import of PET through antidumping. oolong.000MTs. In future years.4% in Chinese bottle marketplace. and the global consumption of PET bottles arrived at 6.4 million MTs/year. more than half of global PET was used to produce chemical fibre. The operation rate will be as low as 60%. it doesn’t react with other drink and produce ill odor. In 2002 the PET output volume in the world was 26. In past years. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. Because the capability of PET resin is steady. black tea.4 million MTs/year. The proportion of fibre-grade PET will drop in future years. Since PET entered the market. and the application in other fields only accounts for 1. It is predicted that such situation will turn better until the price of raw materials falls down. In 2004. with the consumption volume of 235. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. the product is used for many fields for its excellent properties such as light weight. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. Asia-Pacific will follow North America. At present. PET is mainly applied in fibre. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually.7 million MTs.8 million MTs in 2003. easy to re-airproof. film-grade PET will take a larger part of PET production in the world. the overplus of PET production capacity in Asia was about 2. transparency. In 1995. If new PET facilities are put into production on schedule. 4 .5 million MTs. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers.000MTs. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. about 14% of global PET output was used to produce film. 54. In 2002.8% of global PET was used to produce chemical fibre. mineral water and other packing fields. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market.
accounting for 49% of global output (exceeding 7 million MTs). In China. the output in China grew rapidly in 2004. accounting 42% of the global output. it created conditions for Chinese polyester products moving to international market. far higher than other countries. Meanwhile. 5 . about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). PET Market in China During 2000 to 2004. the average annual growth rate was much higher than that in the world. Chinese PET production capacity accounts for over one third of global PET production capacity. about 10% was consumed in packaging field and 5% was used to produce film in 2004.5%. and its proportion in global chemical fibre output increased from 36% to 40%. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. The consumption volume of PET products in China increases at the rate of 8. Although the rate of operation of PET in China was not enough. With respect to the output of chemical fibre. From 2005. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. and polyester staple fibre increased 22%. China is a large PET consumer. Chinese polyester filament output increased 24%. which will drive the consumption volume of PET. and lays the foundation for the continuous development of textile industry.2.
Consumption Patterns of PET and Price Trends. journals. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. All the Chinese manufacturers have been located. etc. production. technology. In most instances. extensive telephone interviews have been conducted. Market Trends and Forecast. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. consumption. market view. discussing and summarizing the production situation in China form aspects of present production situation. export.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. plan. The aim of this report is to provide basic understanding to the Chinese manufacturers. etc. The appendix-Manufacturers in China. Rate: 1USD=8. 2005. even if they already stopped. introducing the major producers in China based on the extensive telephone interviews. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. production level. This report is presented in five parts: The main body-Technology Development. The detailed findings of each manufacturer has been edited and summarized for reference. raw materials. in order to uncover the situation of each producer from aspects of capacity. The information in this report is dated to Sep. In order to obtain the details situation of Chinese manufacturers. consumption.10RMB 6 . either those who are active in production or those who are idled now. etc. magazines. etc.
The production flowchart of PET is as follows: PTA Esterification. I-1.. put its 60. I-1. then PET can be obtained through polycondensation reaction. few PET producers take this technology in China. Now in China.2 PTA Technology PTA technology adopts PTA and EG as raw materials. At present. and cutting PET into chips or granules in water. most of the PET manufacturers adopt two production technologies to produce PET polyester. DMT technology and PTA technology.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. After polycondensation reaction between PTA and EG. The following is the brief introduction of the two technologies. Ltd.000MTs/year PET chips production line into production. Sinopec Yizheng Fibre Chemical Co. PET product for distribution is produced.Part I Technology Development I-1 Historic PET Technology Trends In 1984. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 .
Thus the polymerization degree and reaction speed can be improved.1~1. during the esterification phase. The mol ratio between EG and PTA is within 1. Time for polycondensation reaction is two hours at least. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET. The reaction balance should be broken to let this reaction move to the right direction. the reaction pressure should be higher than atmospheric pressure.2:1. • • 8 . And the reaction temperature should be higher than the boiling point of EG for the same reason.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). The key points in the second step include: • • • • In order to shorten the reaction time. The optimum reaction temperature is within 275~290 ℃. and be various in terms of various reactors.
I-2 Current PET Technology Assessment I-2.1 Reactor Tower Chinese manufacturers have imported ESPRF reactor towers and installed them. This reactor can cut down the production cost by 26%, and improve the sales revenue by 22%. The most important point is the quantity of PET polyester is improved greatly. This reactor was invented by EMS Inventa-Fisher Company. I-2.2 Catalyzer At present, about 90% of PET manufacturers in the world still adopt stibium as the catalyzer. Even though stibium has good catalyzing effect, people are more concerned about the toxicity than before. Top PET manufacturers in the world, such as DuPont, Acordis, and Synetix are making effort to develop environmental protection catalyzers. I-2.3 Advantage of PTA Compared to DMT Compared to DMT, raw material PTA has following advantages in PET production Smaller raw material and energy consumption; Smaller EG recycling system; No byproduct of methyl alcohol; Smaller investment; Smaller production flow; Stable production control;
Now in China, most PET manufactures adopt PTA production technology. I-2.4 Pre-moulding Pre-moulding processing is the early step of bottle making. Now some manufacturers plan to do pre-moulding directly with melting PET material. This technology can cut down the production cost greatly. The current difficulty is how to prevent PET from destroying in polymerization process. I-2.5 PET Moulding Technology PET moulding technologies include moulding, blowing, coating, adhibiting, electroplating, printing, etc. The moulding processing of PET can be carried out through the operations of plastic injection, extrusion, plastic blowing, coating, adhibiting, processing, plating, metallizing, printing and so on.
Two-step technology is that pipe blanks are heated. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines.I-2. If the material of bottle top and bottle body is PET resin. being stretched and plastic blown. One-step process is also called thermal forming. the molding process of one-step technology is unlike the process of two-step technology. The two-step production process of hot filling PET bottle is: 10 . The one-step production process of hot filling PET bottle is: PET resin→desiccation→molding pipe blanks by plastic injection or embed pieces→temperature control→stretching and plastic blowing→thermal forming→cooling forming→product. I-2.2 Introduction of Hot Filling PET Bottle Molding Technology The technology of hot filling PET bottle was developed on the basis of cold filling PET bottle molding technology.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. stretching and blowing molding machine. However. both one-step and two-step can be adopted to mold the bottle top first. Because of the special requirements of hot filling PET bottle. The one-step and two-step processes are basically similar. stretching and blowing in the twostep process are completed by two separate machines. the equipment of this process is simple. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. In general. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. the investment needed is not large and it is easy to operate and maintain it. The automatization level of this process is high. only two-step process can be adopted. stretched and blown plastic after being deposited for more than 24 hours. There are special requirements on the bottle top.1 Introduction of Cold Filling PET Bottle Molding Technology At present. and the one-step process needs to make corresponding operation to the bottle top when moulding the bottle preform blank while the two-step only needs to do such operations before heating. then to another position. while the production of bottle blanks and plastic-injection. The automatization level of this process is low while the energy consumption is high.6.6. if PC is taken as the material of bottle top. I-2. Here the definition of two-step process is different from that of cold filling PET bottle. The difference is that one-step process is completed by one plastic-injection. while the energy consumption is low.
11 .PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product. This method is widely used in hot filling PET bottle production at present.
milk and fruit juice industries. and are developing 1. In order to replace the glass bottles and metal cans packaging in beer.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. liquid and other infiltrations. preventing water or vapor from damping the products. They have experimentally produced 350ml and 500ml PET bottles. It can be produced into over 80℃ hot filling bottles. After thermal forming. They are thermal forming bottle.5L and 2L beer bottles. preventing aromatic flavor from emanating out. At present. such as preventing oxygen from oxygenating the food.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. highly obstructive PET is mainly used in food and beverage packaging industry. I-3. These requirements become key problems in the development of plastic beer bottle. three categories of heat endurable polyester bottles have been developed. they are constructing new factories and plan to carry out large-scale production. At present. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. At present. Even minimum oxygen in the packaging container will make the taste of beer changed. and the packaging requires enduring 6267℃. 95% of beer in China is produced with pasteurization method.4 Multi-layers Technology 12 . tea and other drinks needing hot filling packaging. for the huge future market potential. highly obstructive performance is attached more and more attention. Therefore. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. preventing CO2 from emanating out. I-3.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. processing and PET performance improvement. Meanwhile.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. as the major function of PET packaging material. I-3. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. the bottles can endure over 90℃. They adopt co-injection and blowing pulling technology. which will be a profit spotlight. equipments. while the lost of CO2 in the beer will have impact on the bubble effect. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. PEN has a high heat enduring performance. Thermal forming bottle is fit for 85℃ filling requirement. Therefore. which makes the fresh-keeping period of beer in PET bottles reach 100 days. I-3.
commented by Farha and Wallace. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. The demand of EVOH increased 13 . Said Farha. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. In 1998 Amoco Corporation put Amosorb into commercial production. Thus these beverage products need well-sealed packaging. EVOH and MXD6 and PEN. or carry out plasm disposal (ACTIS technology). which was headquartered in Britain. used as oxygen absorbing agent in packaging industry. Mr. Mr. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC.Three-layer or five-layer bottles can be produced. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. which means that the low-cost well-sealed packaging bottles will have a huge market potential. Amosorb is used in the more profitable multilayer bottles. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. Barnaby Wallace and Mr. Amosorb is a positive interlayer. Farha commented that the using amount of un-returnable drink bottles will increase. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. Even though the high price and the challengeable recycling job. And later BP purchased Amoco Corporation. having permanent oxygen-absorbing function. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. As transparent polyester. Coca Cola’s Chinese and Indian market need lower price-packaging bottles because the sales prices in the two markets are lower than other market in the world. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. EVOH can improve the resistance performance of PET bottles over ten times. The other question about multilayer bottles is the recycling question. BP Corporation. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). developed Amosorb DFC that is a kind of polyester. the two beverage giants in the world. At first. Switzerland. I-3.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. In China about 70% of products from Coca Cola are distributed by distributors. the purchasing managers respectively from Coca Cola and PEPSI. and is estimated as another method to improve the sealed performance of polyester. EVOH is an efficient material with high gas-resistance performance.
beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles.000MTs). there are naphthalene nucleuses instead of benzene rings. chemicals resistable. lower gas absorption. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. 2004. They have produced semi-transparent beer bottle sample. Meanwhile. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit. Chinese beer industry generally adopts pasteurization method after filling.rapidly along with the rapid demand of PET bottles. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. which reduces the cost. Hull.000MTs/year EVOH manufactory in Saltend. Nippon Gohsei constructed a 15.81 million MTs). I-3. Although its gas-resistance property is improved. heat resistable (Tg＝112～ 123℃). So PEN have good performances of gas obstructive. In the United States the total market value of PET for bottles was about 4 billion pounds (1. Miami and other five cities. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. I-3. Since 2002 the demand of EVOH in Europe has increased with 15% rate. complex technology and special requirements on equipment. resistance property of which is 14 . which meet the requirement of three to six months of retention period of beer. thus taking PEN or copolymer of PEN and PET as raw material and utilizing through current PET bottle blowing equipment and technology to mold bottles is adapted to the development orientation of beer plastic packaging in China. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. In the United States and Western Europe.7 Nanometer.PET Bottles In Oct. UV obstructive (UV of wavelength under 383nm can be obstructed). Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. whose sales number of the bottles added up to 300 million. it can be disinfected with alkali and recycled. the gas-resistance property and heat endurance of bottles have been improved. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. The above two methods have disadvantages of low transparency. On the molecular side chain of PEN. England. difficult to be recycled. and the market size of EVOH and MXD6 was about four hundred million pounds (180. The difference between PEN & PET is only on the molecular side chain. It is reported that the resistance property of NPET is stronger than ordinary PET.000MTs/year. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. it is only adapted to asepsis filling due to its low heat endurance.
the fresh-keeping period is prolonged over 6 months..said 3-4 times higher than PET bottle. It achieves the same effect as glass bottle does. I-3. Sealica TM technology adopts repeating injection technology. put out its newly developed two technologies.9 Glaskin TM from Tetra Pak China In Apr. this kind of products has already met the technologic condition of large-scale production.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. thus less pollutant is produced during transportation. which offers excellent gas-resistance and fragrance-keeping property to products.2-2L consistent high resistance PET bottles. and its coating rate is as high as 6. Tetra Pak China Co. The thin monox layer can be recycled by current PET recycling equipment.000 bottles an hour. The future of NPET is favorable. injecting a layer of high-resistant polymer on the PET bottle top blank. A Glaskin TM bottle including label and faucet only weighs 34g. Through improving PET’s heat endurance and gas-resistance properties. Glaskin TM technology aims at highresistance packaging applied in beer. Therefore. Because the layer is coated in internal surface of the bottle. every product packaged in the bottle can achieve the longest storage life.000-18. With stable and reliable performances. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. while the production cost is lower than that of glass bottle. Compared with ordinary PET bottle. This new technology can produce 0. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. 2005. the heat endurance property has been improved. the transportation weight of each Glaskin TM bottle reduces 320g. for beer and juice market. 15 . it will not be damaged in the process of transportation and deposit. Glaskin TM and Sealica TM. Its process adopts coating the internal of PET bottle a monox layer. Glaskin TM is a patent technology of Tetra Pak. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET. I-3. Ltd. Meanwhile.
magnetic-film. Its specifications include semi-dull chip. Its specifications mainly include chip for carbonated drink bottle. chip for edible oil bottle and chip for hot filling drink bottle. insulated film and so on. 16 . Fibre-grade PET chip is used to produce polyester filament and staple fibre. Generally. include capacitance film. bright chip. bottlegrade chip and film-grade PET chip. super bright chip and cation chip. Bottle-grade PET chip is used to produce bottles.I-4 Product Types of PET PET chips are the earliest developed. Film-grade PET chip is used to produce film. PET chip can be divided into three types: fibre-grade PET chip. widely used polyester with the biggest production volume. chip for water bottle.
zirconium and natrium and their mixture.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. and the step of technologic innovation falls behind at the same time. while foreign manufactures take high EG/PTA and comparatively high temperature for esterification to intensify reaction condition in order to accelerate reaction speed and shorten reaction time. At present. France. In general. There are few DMT facilities in China. This is similar to overseas PET producers. Some companies aboard have already started to develop the catalyst system using lanthanon. German. the usage volume of stibiumcategory catalysts accounts for 90%. neither in foreign countries. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. Japan. Currently. Facility Almost all major PET producers in China adopt PTA facility to produce PET. Chinese producers usually adopt comparatively low temperature and pressure. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. aluminum. there is a gap between Chinese technology and foreign advanced technology at present. The comparison of Chinese and foreign technologies is narrated from following aspects. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. Catalyst Amongst most catalysts used by PET production facilities. Britain and the United States are the main technology sources. silicon. the technology applied by Chinese PET producers was introduced from foreign countries.5 hours for foreign producers. Product Quality 17 . there are few such breakthroughs in China. With respect to the total reaction time. Process The conditions of polycondensation process in China and abroad are basically similar to each other. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. it’s about 10 hours for Chinese producers while 3. Italy. while there is a big difference on the conditions of esterification process in China and abroad. However.
slow crystallization speed and weak stabilization of size. processing performance as well as the content of aldehyde. as well as certain pressure-endurance. German BASF Company. there is few difference between Chinese and oversea PET products in terms of environmental protection. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. The PET engineering plastic products of American GE Company. Technologic Bottleneck Currently. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties. including weak intensity of melt. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied.Generally. there are still three major restriction factors in PET production which Chinese PET technology cannot solve. 18 . heavy metal and ash.
will have a 900. which have great influence on PET production in the world. Therefore. SKC is a sub-company of SK Group in Korea. and it will be put into production in Sep. water. Daxie Mitsubishi PTA project will build 600. will set up a joint venture. 2005 in Daxie Island of Zhejiang Province.000MTs/year PTA production line. Ltd.000MTs/year PTA facility put into production. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. more and more foreign companies. power. named TSF. In addition. TSF will achieve sales revenue of USD17. which is a Sino-Japanese joint venture project started construction in Jun. come to China and set up factories jointly with Chinese large chemical fibre enterprises. The total investment of the whole project is about USD1 billion. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. and corresponding 50. After being put into production. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. and its annual production capacity will reach 2. who will offer the raw materials of film-grade chip to TSF. the fourth largest PET film producer in the world. The total investment of its first-phase project is USD314 million. Mitsubishi Daxie Mitsubishi PTA project. 19 . the largest single production scale in the world.000MTs/year PET facility in Zhangjiagang. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. products produced in China are distributed in local regions.the fourth generation Mitsubishi PTA technology. it will become the largest PTA project. Ltd will hold the remaining 75% stake. 2006. etc. including labor. and the cost of production in China is low.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential.. TSF will produce polyester film for capacitor. producing and marketing PET film in China in 2006. After three phases projects completed.6 million MTs. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-.000MT-grade liquid chemical dock.14 million. SKC South Korean SKC Company..
the largest non-fibre PET chip producer in China. FET Far Eastern Textile Ltd. announced to enlarge its production capacity of bottle-grade PET. but the schedule has not been fixed yet.000MTs/year PTA project in Ningbo.000MTs/year. Ltd.- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. FET has two production lines of PET.000MTs/year polyester filament capacity to 130.000MTs/year in 2004. plans to set up a second PTA facility in Ningbo. (FET) is an important polyester producer in Taiwan. and Hong Kong Qiule Development Co. film-grade PET chips. CWRC’s PET chip capacity is 270. a wholly subsidiary of Korea Kohap Group in China. which makes its total PET production capacity reach 450.000MTs/year.. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. Taiwan Nanya Plastics Corp.000MTs/year PET production line project. 20 .. (CWRC)... Ltd.. Jiangsu Province. Nanya Plastics Corp. Ltd. Ltd. jointly set up by Italian Radici Group. With total investment of USD114 million. It is put into production at the end of 2004. Zhejiang Province. Formosa Chemicals & Fibre Corp.000MTs/year. with total production capacity of 220.. invested a 600. Italian Radici Group Changzhou Worldbest Radici Co. Huvis Huvis plans to build a 220. planned to increase its 30. plans to build a 350MTs/year polyester project in Kunshan. Taiwan Formosa Chemicals & Fibre Corp.000MTs/year in 2004.. CWRC also invested Euro 65 million into a 165. FET Shanghai is a sub-company of FET. Ltd. it has 50. Shanghai Worldbest Co. Taiwan Formosa Chemicals & Fibre Corp. which will be put into production in the third quarter of 2006. Ltd. Its production capacity is 220.000MTs/year polyester staple fibre facility in Sichuan Province.. In addition. Changzhou Andenie mainly engages in producing and marketing bottle-grade.000MTs/year polyester filament. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co.000MTs/year polyester staple fibre and 290.
II-2 Key Factors Influencing PET Production II-2 .1 International Raw Material Supply During past years, domestic supply of raw materials for PET production, PTA and EG is insufficient. Chinese PET manufacturers have to import PET and EG from foreign countries or regions. The annual import quantity of PTA accounts for about 60% of the total PTA consumption in China. Chinese PET manufacturers have to suspend their production when they are unable to purchase raw materials or the volume of available raw materials is very small. China’s PET production relates greatly with the international raw material supply chain. In 2004, the short supply of PTA made PET output in China only 50% of the total PET capacity. As the largest PTA manufacturer in the world, BP thought that China has the largest PTA market demand in the world and BP is very concerned about Chinese PTA market. A senior executive from BP estimated that the total production volume of BP in Mainland China would reach 3.7 million MTs and the imported volume would reach 4 million MTs by the end of 2005. And he also estimated that the imported volume would be higher than three million MTs for a long time in the future even though the domestic production volume is increasing gradually. A professional in domestic PTA industry estimated that the annual growth rate for PTA would continue the 12~14% growing rate for the huge demand from the domestic textile industry. At present, there is a large supply gap of PTA in China. Although several sets of large-scale PTA production facilities have been put into production since 2003, the dependence degree on export still increased to 56%. In 2004, Chinese PTA increment accounted for about 62% of global increment, which had great influence on PET market. China’s demand for EG is also very big. And domestic supply can’t meet the increasing demand of EG. Thus the Chinese manufacturers have to import EG from foreign countries or regions with very big quantity. II-2.2 Domestic Consumption In China, most PET products are used in three main fields, PET fibre (polyester filament and polyester staple fibre), PET bottle (packaging) as well as PET film. PET fibre is a most important chemical fibre for textile industry, and China is the largest textile and cloth production base in the world. PET fibre mainly includes polyester filament and polyester staple fibre. In general, more than 80% of PET in China is used to produce chemical fibre. In 2004, the output of polyester filament in China grew to 7 million MTs and its consumption volume was 7 million MTs. The output of polyester staple fibre increased to 4.3 million MTs, and China consumed 4.7 million MTs. The total PET consumption for both polyester filament and polyester staple fibre in 2004 was 9.78 million MTs. In 2005, the consumption volume of polyester filament and polyester staple fibre will increase to 8.2 million MTs and 5.9 million MTs this year, respectively.
It is predicted that the output of polyester filament in China will increased to 9.5 million MTs and that of polyester staple fibre will rise to 6.5 million MTs in 2010, both of which will consume 18 million MTs of PET in 2010. Therefore, chemical fibre industry is an important influencing factor for the production of PET. PET bottle is another consumption field of PET products. PET bottle can be used for packaging of beverage, beer, edible oil and other products, thus the market of these products is another influencing factor of PET production. In 2004, 1.2 million MTs of PET was used to produce PET bottles, accounting for more than 10% of total PET consumption. In 2010, the proportion will increase to 15%. In China, at about 5% of PET is used to produce PET film, and this proportion will grow in next few years. Thus the development of film industry influences PET production as well. II-2.3 High Cost of Raw Materials Currently, a major factor that restricts the development and application PET in China is the high cost of raw materials. In 2004, the price of international crude oil rushed to the peak of USD55.67/barrel, soaring 78% compared with the beginning of 2004. The price increment became a direct force to drive the cost of PX and ethane, and then increase the cost of polyester raw materials, PTA and EG. The impact on PET raw materials from the international oil price is still remarkable in 2005.
Chinese PET manufacturers mainly use PTA and EG to produce PET products. In Aug. 2005, the average domestic price of PTA is about RMB7,900/MT, and the average price of EG is about RMB10,000/MT. In Sep. 2005, the prices of PTA and EG will rise to RMB8,260/MT and RMB10,500/MT, respectively. The average price of PET in the same month is RMB13,000/MT. There is only a little profit for PET producers. In addition, because the raw material supply of PET greatly depends on import, the price fluctuation and supply of raw materials in international market have direct impact on Chinese PET industry as well. However, as the chemical fibre, food, beverage, cosmetic, wine and beer industries develop at a high speed, more packaging materials are needed. In order to reduce the cost of packaging cost and bring more profit, more and more investments are or will be put into the research of raw materials. It’s sure that the production cost for PET will reduce and the application range will be wider and wider, with the improvement of processing technology and the expansion of production volume. II-2.4 Competition with Foreign Competitors In 2004, the apparent consumption volume of PET in China was 11.6 million MTs, growing 34.51%. And the apparent consumption volume will increase to 13.9 million MTs in 2005,
During the past two years. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. Therefore. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. 100/MT in 2005. these unfavorable factors have limited the wide application of PET in China. 000MTs/year. II-2. 710/MT in 2003 to RMB13. the tax rate of PTA was reduced 0.31%. South Korea. The price of edible PET materials once roared from RMB 7. while China only imports a small quantity of PET. multilayer compound technology is the mainstream of PET obstructive packaging technology. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. II-2. It is likely to reduce the import price for PX. It is estimated that this volume will keep double-digit growth in next few years. raw material supply and sufficient investment. and the United States. complicated processing control. On the basis of the tax rate in 2004. such as strict requirements on plastic processing machines. the PET price has increased from RMB8. and some PET giants have already set up companies in China.5 Customs Tariff In 2005.5%. high production cost and environmental pollution caused by recycling difficulties. Most imported PET is from Taiwan. foreign competitors have the advantages in terms of technology. China needs to import PET products from foreign countries. large investment in equipments. Therefore. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future.500/MT to RMB14. These technologies have many unfavorable factors. Because the raw materials for PET production in China mainly depends on import. The cost of beverage packaging material PET accounts for half of the product cost. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. according to the commitment of China’s entry into WTO. Meanwhile. PTA and PET. infiltration-resistance and radiation-resistance is still a blank in China.growing 19.5% to 6. PTA and PET by USD5~10/MT. it’s estimated that the production quantity of this kind of products will increase at a high speed. which directly stimulated the price of beverage 23 .7% and 2%. Japan. Taking beverage industry for example. which makes domestic manufacturers feel pressed. II-2. China is a attractive market for foreign PET producers. and that of PET and PX was cut down 1% to 9.7 PET Price Price is a very important factor that influences the sales of PET. Chinese government lowed down the import tax for products of polyester chain including PX. In China.
product to increase sharply. end users of PET downstream products have planed to use other package materials in stead of PET if the PET price increases to the level beyond their purchasing capacity. In addition. It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. 24 .
The reason for this phenomenon is that the cost of performance-improved PET materials is too high. Therefore. Technology for PET production is still in the process of research and development. especially the PET bottle manufacturers of beverage and beer industries in China. mainly including technical difficulty.3 Capital Shortage 25 . It directly increases the production cost of PET. II-3. shortage of raw material as well as capital problem.5 million MTs and 3. China’s total demand of PTA and EG in PET production will be 11. In 2005.12 million MTs respectively. or the improvement degree is not enough. there are some difficulties of PET production. and the production capacity of these two materials will increase a lot in recent years.15 million MTs. while the output of PTA and EG will be 3. the gas-resistance performance is a technical problem remaining unsolved at present.1 Technical Difficulty Technology is a key factor influencing production. it still cannot supply enough PTA and EG for PET production. II-3.II-3 PET Production Difficulties In China. domestic supply of raw materials is far to reach the demand.2 Shortage of Raw Materials Chinese PET manufacturers have to suspend their production activities when they cannot purchase raw materials or available raw materials are insufficient. However. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. II-3. Although there are some new or ongoing projects of PTA and EG. while as of now none of them was really accepted by PET users. beer and wine industry. or the performance-improved PET materials bring difficulties for the recycling of bottles. Chinese manufactures have to import raw materials from abroad. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. Therefore. the shortage of raw materials will still be a serious problem in Chinese PET production. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry.74 million MTs and 1. Advanced technology can improve production output and reduce production cost.
Capital problem is another serious problem in PET production in China.PET is a capital-intensive and technologic intensive product. It needs large capital investment in every production sector. 26 . Some PET manufacturers in China stopped some of its production lines for capital shortage.
- - - - - - II-4.II-4 Competitiveness of Chinese Production and Supply II-4. Aiming at Chinese chemical fibre market. Thus thin film grade PET consumption will keep incredible growth rate in the world. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. Current Chinese polyester industrial chain is serious unbalanced. Polyester fibre products account for about 90%. especially the environmental protection will be the next barrier to China. mainly depending on polyester fibre with low value-added in domestic and oversea market. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. there is a large distance and many problems in Chinese PET production.1 Distance and Problems Compared to PET production in foreign countries. beer and food production industry in the world. Chinese government attaches importance to environmental production.2 Prospect and Opportunities China has the biggest textile industry in the world. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. The United States and European Union set many handicaps to Chinese chemical fibre export. The demand of domestic chemical fibre has not obtained great breakthrough. far lower than the 35% average level in the world. The upstream and downstream products are out of joint. which consumes a large volume of fibre grade PET products. - - 27 . The contradiction of product structure is serious. Chinese PET products are inadequate. Especially after the textile quota was nullified in 2005. China has the biggest beverage. China is also one of the biggest manufacturing bases of electronic products in the world. much more fibre-grade PET will be used to produce polyester filament and staple fibre. while non-fibre products only account for 10%.
- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business. 28 .
II-5.4-6. II-5. On that occasion. At present.74 million MTs. the new capacity increment of PTA was bout 1. The supply of PX produces much influence on PET production. most PX in China is used to produce PTA. while the production capacity of PX was 2.1. In 2003. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. During 2002-2003. China needs to import large quantity of PX from abroad every year. the cost of raw materials accounts for about 75%~80% of the total cost of PET production.5 million MTs/year. By 2006. due to large demand gap.1% compared to 2000. the production capacity of PX is predicted to increase 1.50 million MTs.II-5 Raw Material Supply Situation At present.1 million MTs in China. However. Up to the end of 2005. It is predicted that the gap between PX demand and output will widen further. as Chinese polyester industry grows rapidly.8 million MTs. with the consumption volume accounting for about 85% of total PX consumption. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007.21 million MTs to 3. China imported. the production capacity and output of PX increase continuously. 29 . while the increment of PX was only 450. The capacity construction lags far behind the growth of the demand.6 million MTs. According to custom statistics. the global PX consumption is mainly concentrated in PTA field.1 Demand & Supply Situation Because of steady growth of demand.1 PX PX is a principal material of PTA. the supply gap of PX in China will be up to 1. hitting a historic record and increasing 72.000MTs. In China. Since 1990s. The demand and consumption for PX increase greatly for the following reasons: The increasing demand of PTA and the increasing profit of PTA business drive the overburdened running of most PTA facilities in China. China is the largest import country of raw materials for PET production in the world.36 million. the production capacity of PTA in China reached 4.12 million MTs/year which demanded 2. thus it is an indirect raw material of PET. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5.
thus the PX supply situation becomes more tensional. huge PTA demand caused the PTA shortage problem. are under checking and fixing. Indian Reliance Industries Limited (RIL). RIL’s total capacity of PX is 1. on the other hand. 2005 for about 40 days. announced to stop its PX facilities in Jamnagar in Oct. - Even in sometime.35 million MTs/year. especially facilities in South Korea. 30 . a PX giant in the world. 2004.- Many new PET facilities were put into production in the past years. regardless to the claims form downstream buyers.1. which will probably result in regional tense supply. It shows that domestic price of PX was relatively stable since Jan. The reasons for the price increment lie in that on the one hand. while the import price of PX kept rising during this period. the price of international crude oil keeps on increasing. II-5. 2004. Many PX facilities. and no new PX installations were put into production. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation.2 Pricing of PX The following table describes the price information since Jan.
350 9.720 9. CIF MCP.625 9.2 PTA II-5.1. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1.600 9.536 9.5 million.Table II-5.630 9.800 9. China needed to import large quantity of PX from abroad.800 9.450 9. 2004 Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.500 Import Price. the output of PTA in China was 3.2-1 Pricing of PX since Jan.1 Supply of PTA in China In 2004.500 9.650 9.700 9. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.820 9.750 7.2. Therefore.6 million MTs.750 9.000 980 II-5.830 9.500 9. 31 .640 9.500 9. while the consumption of PX by PET was 10. RMB/MT 9.300 9.
10 Shaoxing Zhanwang Group Co.1-1 Major Chinese PTA manufacturers No. Zhejiang 5 Ningpo Dupont Co. Ltd. Shandong II-5. Ltd.000 75.. 11 Sinopec Shanghai Petrochemical Co. Henan Zhuhai. 14 BP Amoco Zhuhai Chemical Co. 15 Petro China Urumchi Petrochemical Co. Ltd.. Liaoning Yizheng.. 16 Jinan Chemical Fibre Group Co. 9 Xiamen Xianglu Group Co. Ltd. Zhejiang Shanghai Tianjin Luoyang.000 3.000 60.000 500.. The following table shows the consumption volume in PET production in China and its growth rate in past ten years.. 3 Sinopec Yizheng Chemical Fibre Co. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. Chinese PTA market will keep on increasing. Ltd. Ltd. 7 Far Eastern Industrial (Shanghai) Co.2..850. 4 Zhejiang Hualian Sunshine Petrochemical Co. Xinjiang Jinan. MTs/year 1..2. 6 Mitsubish Chemical (Ningbo) Co.Table II-5. Ltd..000 350..000 350. Ltd.000 75.0000 530.2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China. Fujian Shaoxing. Ltd. Ltd. Ltd... Zhejiang Ningbo.000 980.000 530.000 400. The consumption of PTA in China’s market has accounted for 30% of the global consumption. Ltd. Guangdong Urumchi. Total Ningbo. 8 Mitsui Chemical (Shanghai) Co. Jiangsu Capacity. but about 60% of domestic PTA demand depends on importing from other countries.. As the raw materials for PET production. Ltd. 12 Sinopec Tianjin Petrochemical Co. Zhejiang Shanghai Shanghai Xiamen. Ltd. Hangzhou. 32 .000 500.000 1 Sinopec Yangtze Petrochemical Co.000. PTA has maintained a stable consumption rate during the past ten years.. PTA import. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year.000 450.. Manufacturers Location Nanjing. 2 Petro China Liaoyang Petrochemical Co. Jiangsu Liaoyang.000 900.000 350.. Ltd..000 450. Ltd. 13 Sinopec Luoyang Petrochemical Co.
700/MT.20% 9.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.300 8.100 8.000 11.525 8. CIF MCP. 2004 to Sep.95% 9.25% 8.150 9.860. USD/MT 1. and average import price was USD890/MT.200 9.775 9. The average domestic price stood at about RMB8.653. Table II-5.2.000 9.24% 10.300 9.29% 13.000 5.536.515.99% 9.795 8.966. 2005 in China Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.000 8.040 8.405.740 8. 2005 in China.000 4. 33 .020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 The above table indicates that both domestic price and import price of PTA had fluctuated in the past months but they didn’t vary very much during this period. MTs 4.730 8.960 184.108.40.206.000 10.69% 9.2-2 PTA Price during Jan.15% Growth rate The following table shows the price information of PTA during Jan.830 8.000 9.200 8.750 8.Table II-5.030 970 965 1.000 8.560 8.900 8.167 7. 2004 to Sep.000 7.000 5.850 8.900.424. RMB/MT 8.000 6.260 Import Price.90% 9.
II-5.3 EG (Ethylene Glycol) II-5.3.1 Supply of EG in China In 2004, the output of EG in China was 1.05 million MTs, while the consumption volume of EG in PET production was 3 million MTs. Therefore, China need to import large quantity of EG. Actually, China imported 2.57 million MTs of EG in 2004. The following table lists the top 10 EG manufacturers in China and their production capacity of EG. These manufacturers are suppliers of EG and some of them are also the consumers of PTA. Table II-5.3.1-1 Major EG manufacturers in China
No. Manufacturers Names Owned by Sinopec Sinopec PetroChina Sinopec Sinopec PetroChina PetroChina Capacity, MTs/year 262,000 225,000 159,000 100,000 80,000 60,000 60,000 50,000 42,000 40,000 1,078,000 Percentage 24% 21% 15% 9% 7% 6% 6% 5% 4% 4% 100%
1 Yangtze Petrochemical Co., Ltd. 2 Shanghai Petrochemical Co., Ltd. 3 Jilin Petrochemical Co., Ltd. 4 Maoming Petrochemical Co., Ltd. 5 Beijing Yanshan Petrochemical Co., Ltd. 6 Liaoyang Petrochemical Fibre Co., Ltd. 7 Fushun Petrochemical Co., Ltd.
8 Xinjiang Duzishan Petrochemical Co., Ltd. PetroChina 9 Tianjin Joint Chemical Co., Ltd. 10 Beijing Dongfang Chemical Factory Total Sinopec Sinopec
II-5.3.2 Consumption Situation of EG in China At present, EG is mainly used to produce PET and antifreeze in China. In 2004, about 84% of EG was consumed by PET products, and 16.2% was used to produce antifreeze and other products. Although Chinese EG production capacity and output grows rapidly, the supply of EG still cannot meet the increasing demand of in domestic market because of the strong demand from polyester industry. China needs to import large quantity of EG every year, and the import volume presents an upward trend year by year. And this trend will keep in coming several years. The following table lists the detailed records of consumption as well as import and export information of EG in China in recent 10 years.
530.200 566.200 100 200 2.050.100 2.034 389.517 317.000 2.100 969.145.000 Consumption 656.083 220.127.116.112 660.410.700 1.800 907.900 3.127 2.597.100 558.500 883.062 170.400 35.005.906 Production 106.300 31.572.400 749.639.224 560.100 2.700 843.163 1.100 1.600 199.700 2.000 Production 550.052.418 127.900 23.500 807.038 882.300 308.400 230.900 707.901.000 3.900 1.000 23.Table II-5.966 2.700 1.000 Volume 205.173 489.737 143.300 1.600 5.049.013.587.957.500 906.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.000 Volume 4.094 Import Export Apparent Consumption by PET Consumption by other 35 .763 740.900 788.402.600 1.462.300 3.600 1.537 228.019.156 3.516.676 2.844 581.
USD/MT 1.500 10.300 9. Table II-5.850 11.900 10. 2004 to Sep. 2005 in China.085 1.070 1.960 9.870 9.800 10.790 10.060 950 985 995 1.860 9.500 Import Price.065 1. CIF MCP.030 970 1. 2004 to Sep. RMB/MT 9.500 9.110 1.750 9.600 10.300 9.890 10.960 9.2-2 EG Price during Jan. 2005 in China Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.960 10.3.200 9.100 890 775 800 855 880 945 36 .200 10.050 1.930 9.980 9.020 980 990 1.The following table shows the price information of EG during Jan.
The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. PET has become one of the most important petrochemical products in China. from 1995 to 2004. At present. The average growth rate is 36. In China. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. With the rapid development of China’s economy. The global PET development speed is dropping. thus the production volume of PET in China has also increased at a rapid speed. especially in China. Before 2004.II-6 Historic PET Market Development PET industry was started in China in 1987. or bottle grade PET is the fastest. PET capacity in China had expanded 15 times. PET manufacturers and users are optimistic to the future PET consumption market. which in Asia.6%. tea drinks and sports drinks are made of PET materials. far higher than the global average growth rate. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. the output and apparent consumption volume of PET in China grew at a double-digit rate. In China. PET growth rate has maintained a high level for over ten years. the average growth rate of output volume speed is 104%. During the past ten years. and China only imports a few of PET from aboard. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. China has gradually become the biggest market for bottle grade and packaging resin grade PET. PET bottles’ wide application will continue to drive the development of PET consumption. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. PET recycling becomes the big problem since the production and consumption volume of PET has become very big. In 2004 the international oil price went up greatly which affected the market situation of PET’s raw materials and made the cost of PET production increased. the output of PET in China can basically meet the domestic demand. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. the growth rate of packaging resin grade. 37 . Terylene fibre industry approached the edge of deficient. purified water. which is six times to the average speed in the world.
864 223.179 318. USD Price.671.377.600 68144800 191.425.418. 39076019 and 39076090.238 265. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume.297 2.579 Average Unit Volume Value.400 6. Comparing the import in 2003 and 2004.028 8057 95072.195 630 657 718 3.500 230.131 477. The following table lists the import and export information of PET in China in terms of volume.339 351.124 Price. value as well as unit price from 2000 to 2004. 39076019.835 183. Value. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.589.151. USD 855 795 717 856 1083 Export Average Unit II-7. Explanation: HS Code 39076011.262.600 167.396 342.1 PET Import Information in China The import volume and value of PET products in China increased year by year. 39076090 39076011: High viscosity PET chips. the import volume increased 36%. 38 . USD 628 1.967 123.669 169. 39076090: Other primary PET.279.300 147.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes. USD MTs 2000 2001 2002 2003 2004 506. 39076011.404. 39076019: Other PET chips. the value went up 48% and the unit price rose 9%.
297.988 5.333 2.849 20.043.676.877 18.053.509 626 1.661.954 14.950 20.770.882 7.361 Total 37.683 Value.682 230.634 667.291 17.444 8.467 5.1 Import volume and value in 2003 Volume.878 Total 22.865 1.261 5.016.910 13.440 2.037 10.671.884 8.898 31.143.976.993 9.314 16.508 1.302 1.339 16.860 26.986 33.276 12.668 1.488.532 15.796 27.264.571 39076019 14.235.906 40.678.234 39076090 6.121 15.729 116.131 20.1.736.500.248 2.457.270.661.443 11.396 39 .993.294 8.082 17.445 2.873 14.961.356 22.362.350 6.603 7.581 13.198 19.868 5.162 20.327 13.954.860 17.267 7.845.570.723 6.431.751 4.457.164 152.532.766.141.846 21.709 6.466 15.005 1.009 19.755 10.451 11.227 351.366.104.779 8.266 15.338.320 7.577 39076019 39076090 22.037 13.716 1.471 6.359.589.830 1.814. MTs Month 39076011 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Total 1.Table II-7.111 18.859.481 1.748.165 1.165 25.944 9.406.544 13.728 1.547 5.701.773.299 4. USD 179.985 93.942 6.535 39076011 1.778.350 19.245 28.344 2.458.360 18.720 1.946 17.008.724 37.504 18.997.842.253 12.175 2.834.115 2.591 28.973 25.202.956.293.869 1.072 9.958.
Table II-7.1.2 Import volume and value in 2004
Volume, MTs Month 39076011 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Total 1,732 1,948 2,526 713 1,115 1,275 883 800 1,835 419 681 535 14,463 39076019 39076090 8,319 17,720 8,985 10,982 14,415 15,281 8,263 19,996 20,264 10,957 22,480 7,840 165,503 19,091 21,157 19,014 23,622 22,117 23,980 26,396 26,236 31,527 27,774 30,979 25,322 Total 29,142 40,825 30,525 35,317 37,647 40,536 35,543 47,032 53,626 39,150 54,140 33,697 39076011 1,841,219 2,170,994 2,855,259 866,808 1,285,818 1,429,410 1,060,891 916,815 2,169,626 620,108 1,007,557 724,239 39076019 6,633,885 15,204,512 8,390,785 10,264,079 13,590,403 14,397,621 8,009,905 19,222,618 20,628,324 11,895,561 25,912,825 9,345,929 39076090 9,128,159 9,996,841 9,871,120 11,706,930 10,963,944 11,474,779 12,958,810 14,392,659 16,806,023 15,282,797 20,466,651 18,883,219 Total 17,603,263 27,372,347 21,117,164 22,837,817 25,840,165 27,301,810 22,029,606 34,532,092 39,603,973 27,798,466 47,387,033 28,953,387 Value, USD
297,214 477,179 16,948,745 163,496,447 161,931,932 342,377,124
II-7.2 PET Export Information in China The export volume and value of PET products in China decreased gradually in recent years, because China consumed most PET products itself. Comparing with the export in 2003 and 2004, the quantity reduced by 24%; the value reduced by 4%; the unit price increased by 26.6%. The following tables record the export volume and value of PET products in China in each month of 2003 and 2004. Table II-7.2.1 Export volume and value of PET in 2003
Volume, MTs Month 39076011 Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Total 9,241 5,282 10,769 7,489 10,345 9,554 8,288 5,946 5,479 12,832 14,306 22,017 121,548 39076019 39076090 6,913 5,341 6,790 9,732 9,044 7,940 2,036 5,128 2,879 2,052 1,185 11,195 70,235 2,371 1,180 1,595 3,947 4,415 3,536 3,697 2,292 1,956 2,985 2,188 1,725 31,886 Total 18,525 11,803 19,154 21,168 23,804 21,030 14,021 13,366 10,314 17,869 17,679 34,937 223,669 39076011 6,559,919 4,224,517 8,928,121 6,368,364 8,642,697 7,625,779 6,662,998 5,193,119 4,653,715 11,132,229 12,723,416 19,562,207 102,277,080 39076019 4,816,982 3,826,634 5,575,579 9,709,197 8,800,480 6,200,667 1,496,550 4,056,199 2,380,939 1,701,525 987,855 9,589,576 59,142,183 39076090 2,152,391 1,131,274 1,469,233 3,531,380 4,463,537 3,634,751 3,646,529 2,192,025 1,822,705 2,539,102 1,957,279 1,466,366 30,006,572 Total 13,529,292 9,182,425 15,972,933 19,608,941 21,906,714 17,461,197 11,806,077 11,441,343 8,857,359 15,372,856 15,668,550 30,618,149 191,425,835 Value, USD
377 9.524 1.352 345.484 186 19.415.513 6.638 2.923 64.313 5.982.864 7.635.114 8.504 205.060.930 12.140.860 35.769 11.483 2.880.268 2.541 169.843 12.205 9.856 7.115 1.390.851 4.285.490 52. Taiwan.297 39076011 13.018 694.294 2.236 157 209 117 21 9.248 10.812 19.083 2.292.617 10.695 41.568 788 847 1.731 1.412 7.988 2.335 136.395 5.598.508 4.579 748.505 2.042 6.442 810.761 1.556.011 8.008 1.233 4.104 736 2.335 4.561 283.676 37.063 3.989 41 .430.968.905 7.823 2.883 1.2.646.996.073 9.235 10.928 7.394 2.407 2.239.3-1 Import origins in 2003 under HS Code 39076011 No.000.922 9.110 3.719.315.055 759. Korea Rep and United States are the major import origins of PET for China.525 814 1.949.056. MTs 10.2 Export volume and value of PET in 2004 Volume.572 183.543 39076019 39076090 831 1.593.131.445.046.395.287.429.571 3.254 5.125 14.523 3.3 Import Origins According to import records in recent years. USD 10.655 Value.888 20.376 23.030 9. MTs Month 39076011 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Total 15.413.Table II-7. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.246 114.126.208 2.152. USD 657.910 33.875 2.332 41.342 8.331 10.120 2.503.201.259 2.003 9.590 II-7.176.938 17.530.057.589 3.971.692 Total 18.767.464 4.565. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.706 Value.786.935 2.053.272.971 285. Table II-7.389 2.661 124.485 20.575 1.171 2.087 746. Japan.248.584 153 51 817 1.463.201 32.377 8.218 198.035 28.418.612 39076019 39076090 Total 16.221.
729 1.187 29.954 116.770.Table II-7.985 42 .019 171.821 17.582 9.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.043 1.220 531.776 5.054 58.254 23.774 9.212. MTs 93.019 984. USD 64.341.535 107.334 1.235.193 2.112 896 740 739 288 249 214 178 145 114 100 234 152.490 1.778. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Taiwan (TW) Korea Rep (KR) Japan (JP) United States (US) Mexico (MX) Indonesia (ID) Malaysia (MY) United Kingdom (GB) Netherlands (NL) Thailand (TH) Germany (DE) Country(reg.284 152.327 Value.981 58.084 511.198.245 413.099 127.228.434 43.519 1.3-2 Import origins in 2003 under HS Code 39076019 No.263 548.410 85.
504 2.059 1.087.128 2.863 2.641 314.449.309 43 .980 615. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Taiwan (TW) Japan (JP) Thailand (TH) Germany (DE) United States (US) Italy (IT) Indonesia (ID) Czech Rep Argentina (AR) Belgium (BE) Netherlands (NL) Spain (ES) Egypt (EG) Turkey (TR) Lebanon (LB) Pakistan (PK) Brazil (BR) France (FR) Malaysia (MY) Mexico (MX) Others Total Origins Volume.034 5.Table II-7.347 22.496 4.711 624.948.318 17.3-3 Import origins in 2003 under HS Code 39076090 No.280 838.849.980 1.496 6.193 1.565.647 5.896 784.954 5.085 2.892 Value.064 12.016 895.148 21.423 516.537.987 6.996 1.473 1.679.979 779.255 2.995 1. MTs 29.817 732.369.622.041 80. USD 17.983 1.209 8.488 1.397 6.587.673 1.902 24.511.725 625.959 2.317.081 160.016 2.587 4.
730 20.356 216.483 4.376 Value.731.726 346.466. 1 2 3 4 5 6 7 8 9 10 Origin Countries Taiwan (TW) Korea Rep (KR) China (CN) United States (US) Malaysia (MY) Indonesia (ID) Japan (JP) United Kingdom (GB) Germany (DE) Spain (ES) Others Total Volume.506 334.669 11.710 220.304.673 893.536 74. USD 91. MTs 8.573.385 44 .380 580.463 Value.224 1.230 90.742 1.988.539 1.680 1.606 758.187.654.392.509 90.495 12.195 2.731. MTs 94.123 4.306 692 282 203 200 117 65 56 45 13 14.139 197.294 649 533 338 263 169 146 134 129 432 164.751 348.341.871 24.3-5 Import origins in 2004 under HS Code 39076019 No.745 Table II-7. USD 9.068 7.083 228.926 16.375 4.063 38.809 163. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Origin Countries Taiwan (TW) Korea Rep (KR) United States (US) Japan (JP) Iran (IR) Mexico (MX) Indonesia (ID) Malaysia (MY) Germany (DE) Thailand (TH) India (IN) Hong Kong (HK) France (FR) United Kingdom (GB) Italy (IT) Spain (ES) Others Total Volume.963 5.948.3-4 Import origins in 2004 under HS Code 39076011 No.148 8.565 62.788 36.658 3.Table II-7.391 33.532.189 455.
860.380 15.787.302 17.434 3.594 4.355 29.720 2.818 4.951.853.770 3.056.290.118 297.922 2.757 5.438 11.565 10.787 1.955 3.048.815 1.081.323 3.046 12.641 1.187.326 10.242.011.062 3.788 792.191 2.264 4.859.688 4. 1 4 5 2 6 8 7 3 9 10 13 12 11 15 16 14 21 19 17 18 20 22 25 23 27 28 26 32 29 30 34 33 35 Origin Countries Taiwan (TW) Germany (DE) Thailand (TH) Korea Rep (KR) United States (US) Argentina (AR) Indonesia (ID) Japan (JP) Italy (IT) Czech Rep France (FR) Brazil (BR) Hong Kong (HK) Egypt (EG) Bangladesh (BD) Malaysia (MY) Mexico (MX) Philippines (PH) Belgium (BE) Peru (PE) Pakistan (PK) Netherlands (NL) Poland (PL) India (IN) Spain (ES) Austria (AT) Guatemala (GT) Lebanon (LB) Uruguay (UY) United Kingdom (GB) Hungary (HU) Romania (RO) Estonia (EE) Others Total Volume.120 2.585 6.022 1.334 18.709.966 8.209 2.550 1.788.931.214 Value.140 4.455 4.261.467.804 3.764 5.361 5. MTs 39.209 10.172 12.931 814.089 1.658 1.3-6 Import origins in 2004 under HS Code 39076090 No.942 2.111 7.743 827.340 2.422 7.041.138 28.154 2.882 11.888 1.109 673.781.492.243 2.911.110 2.833 3.Table II-7.428.082 4.371 3.228 1.694 1.956 1.931 45 .960 11.490.236 1.859 161.730.067.822 684.268 8.632.380 507.859.420 12.117.126. USD 25.949 22.
239 46 . Poland and Germany.750 2.700 3.965.000 990.140.000 841. Kazakstan.II-7.758 1.983 12.668 1.4 Export Destinations According to the export records in recent years.000 1.150 4.024.074.518.696.000 2. Turkey.145.000 3.029.500 12.000 300.855 4.000 598.794 11.360.469 120.996 662.000 287.920 6.361 1.250 580. Belgium.000 941.432.618 Value.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.000 1.754 3. MTs 49. the top export destination of PET for China are Italy.636 2.4-1 Export volume and value in 2003 under HS Code 39076011 No.208. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Destination Countries Italy (IT) Belgium (BE) Kazakhstan (KZ) Germany (DE) France (FR) Netherlands (NL) Hong Kong (HK) Spain (ES) Uzbekistan (UZ) Ukraine (UA) Lebanon (LB) Slovenia Rep (SI) Egypt (EG) Lithuania (LT) United Kingdom (GB) Russia (RU) Yugoslavia FR (YU) Greece (GR) Thailand (TH) Turkey (TR) Cyprus (CY) Indonesia (ID) Japan (JP) United States (US) Turkmenistan (TM) Others Total Volume.000 862. Table II-7.501 2.650 160.000 352. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004. USD 60.000 294.691.362.990 1.000 1.000 230.409 14.445 645.
000 210.141 Value.540 7.111 11.044 2.251.4-2 Export volume and value in 2003 under HS Code 39076019 No.000 120.000 18.104.22.1686 156.000 486. USD 31. MTs 26.451 1.127.655.462.745 9.Table II-7.000 171.000 3.000 345.246.000. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Destination Countries Italy (IT) Belgium (BE) Germany (DE) Spain (ES) France (FR) Japan (JP) Indonesia (ID) United Kingdom (GB) Romania (RO) Brazil (BR) Algeria (DZ) Portugal (PT) Yugoslavia FR (YU) Saudi Arabia (SA) El Salvador (SV) Bulgaria (BG) Taiwan (TW) United States (US) Korea Rep (KR) Bangladesh (BD) Greece (GR) Others Total Volume.900 1.000 3.000 1.982 2.000 3.000 689.698 47 .714.525 1.100 145.000 504.554 300.200 1.903 2.825.269 145.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.000 294.176.143 70.
276 48 .040 237.540.000 400. USD 4.740.000 1.494 1.000 3.Table II-7.000 2.000.625 3.119. 1 2 3 4 5 7 8 6 11 9 10 12 17 13 20 15 18 14 16 21 Destination Countries United Kingdom (GB) Sweden (SE) Turkey (TR) Poland (PL) Israel (IL) Romania (RO) Malaysia (MY) Belgium (BE) India (IN) Italy (IT) Netherlands (NL) Morocco (MA) Korea Rep (KR)) Argentina (AR) Singapore (SG) United States (US) Hong Kong (HK) Finland (FI) Peru (PE) United Arab Emirates (AE) Others Total Volume.854 2.568.007 Value.050 1.000 125.000 823.540 261.000 4.558 2.601 2.270 240.290 3.050 109.210 864 380 289 228 199 194 189 186 152 126 315 30.460.600 1.000 60.306 31.613 2.4-3 Export volume and value in 2003 under HS Code 39076090 No.000 200.000 93.000 3. MTs 3.886.040.957.605 3.010 3.300.591 2.120 240.734 1.372.
788 89.911 3.814 1.254 5.780 1.493 2.014 1.550.110 3.935. USD 15.130.661.644 49 . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Destination Countries Italy (IT) Slovenia Rep (SI) Kazakhstan (KZ) Ukraine (UA) Israel (IL) Romania (RO) Russia (RU) United States (US) Belgium (BE) Germany (DE) Uzbekistan (UZ) Turkey (TR) Spain (ES) United Arab Emirates (AE) Syrian (SY) Lebanon (LB) France (FR) Hong Kong (HK) Egypt (EG) Yugoslavia FR (YU) Algeria (DZ) Others Total Volume.203.Table II-7.940.575 1.219 6.008 1.799 7.407 6.512 1.4-4 Export volume and value in 2004 under HS Code 39076011 No.418 2.000 5.601 7.169 1.884.103.144 3.626 4.045 2.008 1.570 2.437 2.305.666 5.289 3.101 1.101 4.381.592.436 3.486 2.571 3.738.642 1.859 8.622.544.272 1.736.033.788 Value.189 1.423 1.518 1.795.015 79.370.219.257 1.188 1. MTs 13.725.878.794 3.055.775 5.408.776 1.370 9.
316 464.467 614.284 445.281 2.724 1.737.074 920.385 1.580 1.607 35.049.516 764.377 50 .861.293 450.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.414 2.347 1.097. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Destination Countries United States (US) Poland (PL) Italy (IT) Thailand (TH) Japan (JP) Korea Rep (KR) Germany (DE) Belgium (BE) Croatia Rep (HR) India (IN) France (FR) Turkey (TR) Bulgaria (BG) Lebanon (LB) Ukraine (UA) United Kingdom (GB) Malaysia (MY) Brazil (BR) Slovenia Rep (SI) Czech Rep Spain (ES) Others Total Volume.163 568.200.533 2.065 37.505 740. MTs 9.535 536.618.063 Value.081 3.780 2.038 4.804.028 1.265 2.4-5 Export volume and value in 2004 under HS Code 39076019 No.815.719.Table II-7.320.086 1.581 893.457 2.272 743.188 575.262 2. USD 10.098 500.
467 455 373 210 210 99 75 60 169 9.799 9.276 1.808.700 2. 1 2 3 4 5 6 7 8 9 10 Destination Countries Poland (PL) Turkey (TR) Malaysia (MY) Hong Kong (HK) Sweden (SE) Spain (ES) United Kingdom (GB) Japan (JP) Italy (IT) India (IN) Others Total Volume. MTs 3.285.663 169.590 51 .096.330.198 338.Table II-7.342 123.187 1. USD 2.162 146.909 319.117 179.299 3.454 94.692 Value.060 1.679.4-6 Export volume and value in 2004 under HS Code 39076090 No.
The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. 2003 to Feb. KP Chemical Corporation Huvis Corporation Saehan Industries Inc.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. 2. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table. 6. including high viscosity PET chips and other PET chips. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina.2 Tariff Adjustment in 2005 In 2005.1 Antidumping Policy to PET Origin From South Korea China Tariff Commission decided to implement antidumping tax on the PET products origin South Korea and exported to Chinese market from Feb. 3. Toray Saehan Inc. 2008.7%. PET to 2%. Table II-8.5% and 9. 52 . Ltd. II-8. PTA. Chinese government lowed down the import tax for PX. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8.II-8 Role of the Government in the PET Industry Chinese government has attached much importance to China’s petrol and petrochemical products supply/demand chain. PTA and PET by USD5~10/MT. Hankook Synthetic Inc. which can reduce the import price for PX. It is a favorable factor for Chinese PET producers as the production cost. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co.
the growth rate will slide down gradually. II-9. In 2002.2 Packaging Industry PET can be used as packaging in food and beverage industry. During 2010 to 2020. and fall below 10% after 2008. chemical fibre accounts for about 65% of all materials in textile industry in China. In future three or four years. Polyester is a major downstream product of PET. polyester accounts for more than 80%. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. The packaging of food and beverage industry is another major use sector of PET.1 Textile Industry Currently. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. But the development of chemical fibre industry will still be a driving force for PET industry. textile industry is a big driving force for PET industry. The development of downstream products guarantees PET consumption and drives PET industry to develop forward. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. 53 . edible oil and can food. By 2010. Chinese textile products took 17% of the global market. while in chemical fibre market.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. However. Bottle-grade PET chips are used to produce bottles for drinks. At present. the average growth rates will stand at 4% and 3%. II-9. edible oil and can food in past years and the forecast till 2015. In past years more than 83% of the total volume of PET was consumed by polyester industry. beer industry. beer. respectively. as the industry develops fast.
43% 4.345.07% 1.83% 17.42% 2.07% 1.484.547.15% 20.315 4.234 23.672 19.07% 2010 280.136.79% 17.71% 17.60% 57.11% 35.43% 5.07% 25.105.00% 493.43% 2015 529.71% 20.996.894.337 26.71% 25. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.234 30.12% 57.552.22% 54 .42% 1.550 50.2-1 Consumption and growth rates of four industries Year Consumption Volume.00% 2004 138.17% 25.618.22% 846.911 46.00% 1.69% 35.75% 57.600 27.22% 386.84% 20.118.299 43. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.169 20.475 17.797 17.180.434 17.747 17.224.065 43.630.07% 2.43% 2. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.73% 57.117 -39.42% 605. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.55% 25.65% 35.69% 20.00% 2.60% 35.06% 17.22% 2.271 22.684 22.Table II-9.948 -38.016.350.877.981 10.42% 2005 165.
51% Apparent Growth Rate 55 .000 71.648.000 2.000 4. which shows that the PET market in China is growing. the production capacity of PET in China has accounted for 35% of global total capacity.8%.000 8.000 40.000 98.04% 130.05% 60.823 766.78% 52.020.395 3.128.131 377.000 120.841.191.000 9.000 15.000 14.000 1.180 4.373 139.500.000.000 8.659.52% 30.783 259.89% 35.597 169.000.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.150.460.000 65.000 11.500.860 351.473 870.000.000 420.000 1.647. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.900 2.950.000 2.574 100.762 688.82% 20.000 4.73% 34.000 1.165 2.000.000 11.435 756.000 5.860 191.500.179 20.350.530.650 136.163 55.000 172.176.000.556.000 5.959.670.660 5.348 11.000 500.000 3.000 562. The following table records the historic and current volume of PET in China. Table II-10-1 Historic and current volume of PET.000 390.000 825.500. In 2005.000 1.12% 43.605 Output Volume Import Volume Export Volume Consumption 250.
Especially after 2008.600 23.820 21.800 23.30% 11.09% 0.84% 8.667.000 26.400 440. the growth rate of PET import in China in future years till 2015 will be no more than 16%.000 15. It was a booming period for PET from 1996 to 2004.993.1 Forecast of PET in China till 2015 In the coming years till 2015. while it will cool down in following years. Fibre grade PET is used to produce polyester filament and staple fibre.000 31.000 32.124.000 27.063. the growth rate of PET output will drop below 10%. In fact. In terms of import and export situation of PET in China. the current capacity of PET in China has already exceeded about 30% of the demand.000 676.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.280 432.064.800.1 Forecast for PET volume to 2015. But generally the growth rate in these fields will slide down comparing to the growth rate before.10% 8.634.000 654.600 20.200. import and export volume as well as the apparent consumption in China will increase year by year. output. With respect to the output of PET in China.000 20. the growth rate will slide down to less than 5% since 2008.600 17.000 29. Such forecast is suitable for the apparent consumption of PET in China as well. Bottle grade PET is mainly 56 .400 Growth Rate 19.200 32.240.960 414.000 28.000 523.640 21. The following table is the forecast volume of the production capacity.050.43% 9.54% 8.606. bottle grade and film grade. However.000 22.800 794.000 710.000 30. output.000 27. With respect to the production capacity.300 21.650.000 23.39% 8.000 672.870.489.000 311.000 17.400 408.07% 21.000 27. import and export as well as the apparent consumption of PET from 2005 to 2015. the situation is similar to the production capacity.22% Apparent Annual II-11.800 29. Table II-11.330.213.000 28. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.000 25.000 25. fibre grade.605.700 772.210.800 569.800 15. while that of PET export will not exceed 28%.000 766.562.000. the production capacity.600 480.246.964.147.32% 12.896.106.000 752.000 25.600 324.300 29.000 857.000 556.500.000 802.81% 0.200 669.159.100 13.206.231.001.444.000 Output Volume Import Volume Export Volume Consumption 13.193. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.640.200 355.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.000 32.
62% 24.09% 6.158.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.2-1 Forecast for PET consumption in each end use sectors to 2015.501.152 12.86% 1.710 22.654 19.20% 1.804.156.74% -20. fibre grade PET accounted for the most part of all PET products in China.796 16.37% 736.792 21.959 29. As the packaging industry and film industry in China developed.28% 1.723 14.75% 14. over 15% annually.126.73% 272.43% 10.51% 10. The following table shows the forecast volume of PET by each specification till 2015.98% 42. Table II-11. Film grade PET is used to produce film.084 Rate 25.441 478.47% 19.320 666. the proportion of fibre grade declined year by year.875.410.07% 14. At the beginning. edible oil and so on.914 3.consumed in packaging industry to produce bottles for drinks.879.393 21.991 21.44% 2.299 4.64% -11.370 274.389 243.593 5.715 20.15% 32.268 16.020.769 769.415 3.7% in 2015.85% 6. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.08% 1.45% 13. the growth rate for bottle-grade PET will be the fastest. In 1995.343 3. many PET manufacturers will shift to filmgrade PET production area. which with reduce the fibre-grade PET production volume. and the consumption proportion will improve from 10.623. The demand for PET will reach the saturation.11% 5.587.228.47% 13.437 17.27% 23. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.510.541.16% -1. bottle grade will take up about 20% and film grade will account for about 8% in 2015.28% 4.55% 6.41% 25.387.46% 30.13% 7.850.498 6.229 17. 1.805 27.273 18.546 Rate -13.36% 2.283.023 II-11.514 23.468.587. This trend will last to 2015.3 Forecast in Terms of Specifications It is forecast that the consumption proportion for fibre-grade PET will drop from about 84% in 2004 to about 70% in 2015.486 3. Among all the consumption sectors.667 626.565 17.105 4.853.315 243.020.867 981.744 429.38% 7. 0.4% in 2004 to 19.522.315. 98% of PET products were fibre grade.65% 11.36% 12.960.083.42% 1.03% 14.53% Sectors 65.5% was bottle grade. It is estimated that fibre grade PET will account for about 70% of the total PET.797 19.530 834.29% 6.800 323.454 192.921 857.351.174 12.1% was used for other products.15% 0.229.145.027.136.46% 15.740.140 2.275.911.467 Rate 26.93% 40.200 18.940 23.687.131 2.124 12.713.516 25.542 32.41% 13.4% was film grade and the rest 0.22% 2.600 20.43% 1.178.381. 57 .79% 32.881 22.214.171.124.878 15.
Ltd.000 600. Ltd.000 500. Ltd.000 700. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co. In near future the PTA manufacturers are estimated to make strategies such as joint purchase.000 500.000 900.4. Ltd. The following table is the forecast of PTA consumption in coming years till 2015. joint investing.000 500.4.000 600. although all the PTA projects.000 500. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co.. 58 . Ltd...000 500.000 800. Ltd. Ltd.000 600. there will still exist 3 million MTs of PTA shortages in Mainland China.. Mitui Chemicals Zhangjiagang Co.000 200. The following table is the information of PTA projects that have already been put into production in 2005 or will be put into production after 2005. Far East Industrial (Shanghai) Co.000 600. to cooperate with PX manufacturers to maintain the PX supply chain and PX price.4 Forecast for Raw Materials of PET in China II-11. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co. Table II-11.000 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 Early 2006 2006 2006 2006 2006~2007 2006~2007 2006~2007 2008 Time for putting into To 2010.. Zhuhai Biyang Chemical Co. Zhejiang Tongkun Group Co..000 600.1-1 Information of PTA projects in China Name Capacity.. including existing ones and potential ones.000 600.000 600. Tenglong Chemical Co. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co.000 600.. PTA supply relates much with PX.000 600. Ltd.000 600. Ltd. run even to 90% of their capacity. Ltd. 530. Shanghai Petrochemicals Co. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co. Ltd....II-11.1 Forecast for PTA The demand of PTA in China is expanding.
15% 8.000 15. apparent consumption.31% 7. The domestic production capacity cannot meet the increasing demand.000 22. 500~1.97% II-11.010. And more foreign EG products will flow into Chinese market.2 million MTs/year in the world. The international price for EG will be over USD1.300/MT in the future months. 59 . export. import.000 12.760.Table II-11.000 Growth Rate 9.16 million MTs/year in 2007.4.5 million MTs/year and 16.30% 5. The following table is the forecast of EG in future years till 2015 in terms of its output.960.000 16. MTs 11.980. China will have a strong demand for EG in the future years.480.35% 4.86% 6.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.630.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15.500.4.440. Asia especially China will be the most important EG consumer in the future years.01% 5. the competition will be very intense.000 21.52% 12. 200/MT.21% 6.02% 7. The situation of oversupply will appear.000 17.8 million MTs/year and 14.270. consumption by PET production as well as consumption in other fields in China. and mass import will be necessary.24% 6. and in China’s market it will be over RMB12.840.000 18. And it’s estimated that the two figures will exceed 22.000 14.000 13.540.000 20.
000 3.965.000 32.444 3.467.522 3.680 3.600 32.338.000 30.77% 5.244.060 952.000 3.157.314.141 4.68% 6.961.147.140 5.318 4.000 1.881.719.063.4.000 3.478 642.000 2.000 3.148.320 Consumption Growth Rate 3.000 5.000 1.000 5.500 31. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.570 34.707.801 4.000.158.846 Import Export Apparent Annual Consumption by Consumption in 60 .541.200 30.717.000 3.46% 4.578.630.482 4.490.963.453.63% 5.720.83% 5.000 Volume 28.000 Volume 2.27% 4.321.21% PET Production 3.000 34.000 2.750 35.321.419.273.500 4.340.928.999 877.000 1.000 1.100 4.2-1 Forecast of EG in China till 2015.900 31.246 3.599 803.600.948 912.273.860 33.587.000 2.27% 3.128.944.356 728.135.000 3.000 2.430 5.116.770.834 Other Fields 602.000 2.000 3.499.800 4.000 1.763 992.940 4.506.152.000 3.57% 7.89% 4.Table II-11.581.682 833.000 1.000 2.854 762.413 3.488 5.860.39% 3.674.400 4.087 692.000 3.750.250 6.
58% 57. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.85% 92.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.579 The following table is the end use structure of PET in China in 2004.709 400.250 11.071.250 11.193.59% Growth Resin Growth Grade Rate 250 1.18% -44.06% 3.180. beer.840 3.417 2.508 255. Table III-1-1 Consumption of PET in each end use sectors.604.659.00% 253.000 478.11% 57.822.423 63.148 5.450 7.377.904 2.74% 61.67% 100.00% 42.09% 33.515 25.883 126.47% 169.85% 15.173 1.45% 48.451 33.35% Grade 3.883 126.649.79% 52.379 225.526 4.670 8.800 1.200 124.94% 46.217.451 360.675.094 66.842. the consumption proportion is reducing.250 3.283 3.943 25.319 582. Table III-1-2 PET end-use structure in 2004 Major End Use Sectors For Chemical Fibre For Packaging Bottles For Film For Other End Use Sectors Proportion. the total PET consumption expanded over 40 times.43% 29.890 45. Although chemical fibre is still the biggest user of PET.20% 124.00% 113.67% 97.456 177.736 9.99% 27.150 411.783.12% 199. edible oil and others Tape films Engineering plastic 61 .00% 1.69% 62. % 84% 10% 5% 1% Typical End Uses Terylene material.21% 41.860 39.63% 43.00% 266.335 7.43% 1.00% 176. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.038 500.507 2.00% 35.788 17.686.633 1.365 19. industrial fibre Bottles or pails for beverage.788 17.217.332.48% Rate 250.150.46% -1. The following table records the consumption volume of PET in each end use sectors in past ten years.58% 201.458 4.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.668.63% 88.112 75.42% Rate 1.579 17.792.000 3.962 95.500 22.423 63.250 1.
such as the gas-resistance performance.Safer. III-2. especially in daily-use chemical field. . Of all the textile raw materials in China. sales.Smaller occupancy of space.III-2 Key Factors Influencing the Mass Consumption of PET III-2. not bombing and hurting people. . The production.Not easy to be broken. The worse gas-resistance performance requirement from beverage and beer industries has not been improved. Meanwhile. . products produced with PET material are more and more popular for following excellent performances: . . worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. .Soft. 62 . .1 The Excellent Performance of PET Materials PET materials have many excellent performances. some technologic bottlenecks remain unsolved. PET fibre accounts for 65%. Compared to other materials in packaging industry. which limits the widely using of PET bottles. PET fibre production accounts for about 85% total PET consumption in China every year.2 Technical Factors As China has not obtained many technologic breakthroughs.Smaller energy consumption. export and consumption of textile production will all produce an impact on the consumption of PET in China. III-2.Light weight.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy.Easy to be recycled. . .Easy for transport.Lower cost. .Easy to make into various shapes and packing specifications.
533 2.III-2.234. The consumption volume rose from more than 2.405 453.622.82% 24.438 11.948.30% 39.587.17% 3.564 207.320 304.82% 11.828 140.000MTs in 2000 and around 1 million MTs in 2005.321 2.838 1.76% 15.119.96% 17.062 390.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.201 4. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.540.307 19.861 182.072 1.857 3.141 235.688 368.308.884.280.000 2. MTs Annual Growth Rate III-2.44% PET Consumption.570 26.81% 86.92% 277.251.14% 23.1-1 Beverage consumption and PET consumption in beverage industry Beverage Consumption Volume Year MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 585.358.606 348. The volume of PET consumed in this industry has kept double-digit growth in past years and the trend will be continued in future years.900.459 226.691.467.4.064.642 167. III-2.742 523.679 10.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry. edible oil industry.080 76.159 1.113 81.707.76% 16.241.887 1.602 286.387.4.25% 58.550 578.623 152.52% -4.72% 59.59% 48.000MTs in 1995 to about 150.892 2. 63 .130.232.13% 43.102 2.062 255.4.424 48.163 396.410 2.456.008.503.814.466. can food industry and beer industry.35% 11.85% 34. Table III-2.379 119.917 111.853.213 41.942.79% 21.559.591 980.184.96% 27.902. The following table lists the consumption volume of beverage.618 783.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.929 33.
874.832 73.879. Table III-2.28% 12.The following table lists the consumption volume of edible oil. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.911 585.138 1.49% 12.33% 12.658 248.415 81.275 90.302 9.140.96% 54. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.659 128.087 22.004 1.331 39.24% 69.737.179 72.73% 224.051.540 107. 64 .070 107.946.443 916.544.936 182.23% 35.916 24.107.027.111.781.2-1 Edible oil consumption and PET consumption in edible oil industry Edible Oil Consumption Volume Year MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 225. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.231 815.26% 142.414 1.91% 25.872 29.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.562 14.249 311.745 36.870.80% 18.123 350.591 701.000 685.791.50% 37.787 64.44% 41.032 307. MTs Growth Rate III-2.546 5.852 61.864 436.330.61% PET Consumption.608 615.38% 20.313.058 9.07% -4.279 46.4.734.980 4.091 37.035 66.773 726.198.641.320.223 750 3.259 6.937.95% 67. The following table lists the consumption volume of edible oil.833.74% 25.92% 19.154 48.4.84% 3.77% 24.
The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.176.045. 65 . PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.761 8.269.203 24.180.598 78.796.08% 8.040 6.666 19.000 6.575.931.544 350.15% 30.282 50.4.937 213 792 2.4 Beer Industry As a packaging resin.722.797 154.970 5.406 5.052.10% 18.570 62.096.4.771.474.744.720.62% PET Consumption.786 26.822 104.02% 43.333 30.938 11.37% 26.38% 26.068 67.286 202.Table III-2.38% 48.062 30.936 179.95% 24.222 4.06% 3.191 9.537 107.695 21.255.618.18% -5.189 11. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.914 52. MTs Growth Rate III-2.88% 22.72% 58.760.138 272.347 146.3-1 Can food consumption and PET consumption in can food industry Can Food Consumption Year Volume MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 4.108 30.489 95. The following table lists the consumption volume of beer.224.154 16.596.447 228.83% 37.921 85.236 23.52% 65.776.832 52.67% 12.660 285.476 172.618 45.660. PET is well received by beer industry.47% 203.92% 12.170 7.92% 139.48% 55.
Table III-2.4.4-1 Edible oil consumption and PET consumption in beer industry
Beer Consumption Volume Year MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 9,450,000 27,125,000 31,760,000 37,970,017 38,582,074 39,455,704 40,318,303 52,026,667 50,285,858 62,914,940 69,874,534 67,142,246 60,888,765 61,983,675 57,753,214 69,241,886 70,525,121 68,678,351 81,397,094 107,431,986 118,417,721 189 868 3,176 5,620 8,334 10,258 17,740 31,216 40,229 55,365 69,875 75,199 94,986 136,364 129,367 152,332 157,976 178,564 201,865 253,539 312,623 359.26% 265.90% 76.94% 48.30% 23.10% 72.93% 75.96% 28.87% 37.63% 26.21% 7.62% 26.31% 43.56% -5.13% 17.75% 3.71% 13.03% 13.05% 25.60% 23.30% PET Consumption, MTs Growth Rate
III-2.4.5 Other Industries with Much Plastic Packaging Seasonings Packaging Seasonings such as soy are a large potential market for PET package. But it’s only at the start stage in China. Pharmaceutical Packaging The market value of pharmaceutical package is about USD1.8 billion/year in China. And most is from glass bottles. The following table lists the consumption volume of PET as well as its growth rate in other packaging end-use sectors in past years and the forecast in future years till 2015.
645 99.01% 25.35% 29.62% 121.350 42.079 186.5-1 PET Consumption in other packaging end-use sectors Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 PET Consumption.358 135.86% 37.728 17.070 159.06% Growth Rate 67 . MTs 199 593 2.90% 26.21% 43.702 11.69% 12.03% 34.16% 50.938 32.77% 52.797 264.4.009 57.99% 13.Table II-2.49% 342.257 142.128 198.890 78.208 325.53% 26.800 8.42% -5.200 165.16% 7.86% 3.525 210.34% 23.623 5.95% 80.776 72.12% 17.
000 7.920.62% 93.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.79% 52.250.000 6.000 9.23% 84.800 1.000 6.000 3.071.950.458 4.792.430.380.620.330.335 7.000 2.99% 95.000 9.20% 124.800.332.950.43% 29.750.822.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .97% 84.783.000 11.000 10.860.000 4.507 2.310.54% 89.000 8.960.44% 86.06% 33.09% 126.96.36.1990.470.000 4.11% 57.000 5.000 6.283 3.000 5.000 3.530.050.962 95.59% 83.000 478.74% 87.15% 91.910.000 3.000 2. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.35% 41.736 9.000 Volume of Terylene Polyester Staple Volume Fibre 1.000 7.000 Consumption 97.604. Terylene accounts for 80% market shares of chemical fibre products. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.000 2.610.250 1.00% 17.000 4.000 8.000 4.686.000 5.000 3.377.000 5.000 2. The following table records the information of terylene production and PET consumption in this industry in past years in China.250.700.440.560.000.000 6.930.91% 245.904 2.990.300.170.
00% 253.85% 92. which can be processed to packaging materials.59% Growth Rate 69 .379 225. Table III-4-1Historic consumption of film-grade PET in China.200 124. light-sensitive materials. Chart III-4-1 Consumption Structure of PET film PET End Use Structures in China For Chemical Fibre 84% For Other End Use Sectors 1% For Film 5% For Packaging Bottles 10% For Chemical Fibre For Packaging Bottles For Film For Other End Use Sectors The following table records the film-grade PET consumption and corresponding growth rate in the past years in China.21% 41.500 22. insulation materials.319 582.00% 42.508 255.456 177.000 3. followed by insulation materials and light-sensitive materials.63% 43. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.094 66.12% 199.63% 88. tapes and other products. The following chart is the consumption structure of PET film in China at present.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET).150 411.74% 61.250 11. Packaging materials takes a large proportion in PET film.
618 793.365 Consumption Consumption for others 199 593 2.250 125. The following table is the consumption volume of PET in each packaging sectors including beverage.176 5.620 8. beer as well as other fields.250 63.936 182.728 17. purified water.205.216 40.334 10.740 31.249 Can Food 213 792 2. can food.552 348.229 55.179 122.258 17.702 11.181 1.916 24. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.688 370.550 588.787 64.598 for Beer 189 868 3.540 107.III-5 Consumption in Packaging Resin PET can also be used to produce bottles.459 232.763 85.091 37.113 45.406 5.199 184.333 30.800 8.279 46.570 62.938 11.938 32.761 8.524 70 .658 248.058 9.623 5. teas and sport drinks packaging.350 42.000 890.751 567.750 17.776 3. PET bottles are the most widely used plastic bottles for juice beverage.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.618 45.666 19. edible oil.438 12.036 234. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.623 156.009 57. Table III-5-1 Consumption of PET in each packaging sectors.
Household electric appliances: coil former in transformers on microwave ovens.5% of total PET consumption volume. household electric appliances. sensors. structures & computer shells. Only a few factories in China try to produce some products to replace import materials. pump shell. pedestal. relay. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. The requirements for processing conditions are also simple. Mechanical products: gear wheels. PET engineering plastic is widely applied in automobile. Automobile products: carriers. and large-scale industrial production of engineering plastic has not been realized so far. windshield wipers. instruments materials. vanes. panel. and handles. 71 . trundles. brackets. and switches. inlet retainers. PET chips can be made into engineering plastic as well. construction materials and decorating industries. Furniture: pedestal. print circuit board. fan propeller frame. chair handles. electronic and computer materials. motor frame. electronic socket connector. structures on OA equipments. motor cabinet. stator and rotor on electromotor. just a common blasting drying equipment and the mould temperature is within 70~90℃. the overall consumption volume of PET in other fields is not large. frames. panels. engine covers. The production cost is low. The industrial level of engineering plastic in China is very low. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers.III-6 Consumption in Other Fields At present. only accounting for about 0. The comprehensive performance of this kind of engineering plastic is very excellent.
Ltd. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co.000 In China. Capacity for PET Film. Ltd. especially BOPET. Ltd. Jiangsu Province and Guangdong Province..000MTs/year production capacity of PET film.000 280. Ltd. Ltd.000 6. Zhejiang Hengyi Group Co. Shanghai Zijiang Enterprise Co.000 400. Capacity. 72 ..000 300. Ltd. Zhejiang Tongkun Chemical Fibre Group Co. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. Ltd. 1 2 English Name Zhuhai Zhongfu Industrial Co. Ltd. Ltd..000 150. Ltd.. 1 2 3 4 5 6 English Name DuPont Teijin Films Co.000 Table III-7-2 The largest two end users of bottle-grade PET in China No. is the largest bottle-grade PET consumer. MTs/year 781. Ltd.000MTs/year production capacity of terylene.. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co. and DuPont Teijin Films Co. Ltd.. Zhuhai Zhongfu Industrial Co. Terylene Capacity. Zhejiang Cifu Group Co.000 5. Ltd.000 3. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co.000 200. Ltd. PET is mainly consumed in Zhejiang Province.. The following tables list the top end users in each end use section in China. is the largest fibre-grade PET end user as it has 781.000 6.000 160. Xiamen Xianglu Chemical Fibre Co.000 350. Shantou SOE First Polyester Film Co. is the largest filmgrade PET end user for its 14. MTs/year 14.000 3. Tianjin Kodak Light Sensitive Material Co.000 180. The following table shows the consumption structure of PET by areas..000 260.III-7 Summary of Major End Users In China. Zhejiang Yuandong Chemical Fibre Group Co.000 300. Table III-7-1 Top 11 end users of fibre-grade PET in China No. Ltd........ Ltd. Yizheng Chemical Fibre Co..
78% 1.96% 2.51% 29.12% 1.63% 3.01% 73 .63% 1.97% 3.83% Percentage of Total in 2003 33.74% 5.70% 2.95% 10.Table III-7-4 PET consumption in different areas in China Area Zhejiang Jiangsu Guangdong Shanghai Liaoning Shandong Hainan Heilongjiang Percentage of total in 2004 28.32% 3.75% 12.21% 31.90% 0.
130.200 18.38% 82.650.268 16.715 20. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.700.437 17. Therefore.470.000 6. the demand volume for PET beer bottles in China per year will be over two billion.000 10.796 16.000 6.000 10.000 7.950.900.000 14.550.152 12.000 16.000 12.541.040. Chinese market of PET beer bottle has great potential. MTs Consumption Terylene Output in All PET Consumption Percentage Fibre-grade PET Growth Rate The current beer production volume is 23 million MTs in China.000 17. The fibre grade consumption will increase with an average annual speed of 7. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.16% -1.273 10.020.587. The manufacturers especially the middle and small manufacturers can feel this pressure. the output volume of polyester will increase with an average annual speed of 4.950.000 11.500.000 18.850.000 8.000 9.000.67%.797 19. But PET supply for polyester staple fibre production relates much to import PET.310.804.710 22.900.178.393 21. So in order to keep the profit margin.000 10.11% 5.47% 19.000 8.13% 7.300.000 6.500.060.853.09% 6.700.85% 79.15% 0.410.875. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.250.750.10% 72.62% 79.000 5.45%.090. 74 .000 83.51% 10.000 19.000 8.25% 70. It’s forecasted that from 2005 to 2015.950.28% Volume.083.250.840.60% 78.000 14.55% 6.30% 11. Staple Fibre.180.030.000 4.000 8. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.50% 74.000 5.200.600.000 7.000 15.250.723 14.21%. and the output volume of polyester staple fibre will increase with an average annual speed of 7.20% 76. Now in China the competition in beer industry is very intense and profit is smaller and smaller.05% 81.000 9.29% 6.850. Table III-8-1 Forecast of involved volumes of polyester filament and staple fibre in future years Output Volume Output Volume of of Polyester Year Polyester Filament.145.530.000 8.000 13.III-8 Demand for PET and Future Growth Areas From the viewpoint of market. and the content for every PET bottle is 500ml.030. If 5% of total beer was packed with PET bottles.90% 75.000 9.000 16.560.230.000 5.000 19. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles.
including chemical fibre industry. 75 .As anticipated. will develop in the future years and they will definetely boost the PET industry. the industries of downstream products. packaging industry and film industry.
raw material shortage and other factors.Part IV Price Trends Due to the international crude oil hike. the price of PET in China increased a lot in the past and will keep an upward trend in future years. 2005. IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. 2003 to Aug. 76 .
510 11.855 9.985 9.830 8.795 11.430 10.320 Thin film grade.825 11.890 11.250 11.480 8.760 11.960 8.660 12.560 8.650 8.950 Package resin grade.895 7.350 77 .650 13.300 8.055 9.950 10.955 10.680 9.780 8.550 11.815 8.350 12.325 8.340 8.660 8.135 8.335 8.455 8.725 9.685 10. RMB/MT 8.850 11.860 11.550 11.320 9.300 12.465 8.560 8.620 8.515 9.450 9.525 8.930 12.350 10.720 11. RMB/MT 8.060 8.720 8.755 8.735 8.770 12.230 8.550 11. RMB/MT 8.995 9.820 11.450 11.125 8.935 8.210 8.050 11.660 13.310 8.530 8.255 8.240 8.455 9.285 9.855 8.865 9.810 8.145 7.420 8.450 11.815 8.290 9.350 11.855 9.880 8.Table IV-1-1 Average PET price by three major specifications Time Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Fibre grade.440 8.550 10.450 10.835 7.355 9.380 9.560 11.690 11.520 11.255 11.520 8.880 11.410 9.
500~8.IV-2 Factors Resulting in Price Changes In general. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. they have to face the hardship. Therefore. the factors resulting in price changes mainly include the price of crude oil.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years.000/MT to the peak of RMB14. they can reduce the pressure from cost markup by purchasing PET with big volume. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. The unit price for PET was 30% higher than that in the same time in 2003. only the large-scaled manufacturers installed the bottle-blowing equipments. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. Because the draught and bottled purified water are all packed with pails. In Chinese beverage industry. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. the business of domestic packaging service suppliers is very good even though the PET price rose. and the industrial profit might reduce 20% in fiscal year 2004. Chinese beverage manufacturers are very concerned about the price of PET. The cost of PET bottle. demand from downstream industries as well as transportation cost. and the PET price is one of the key factors that decide the profit. bottles. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. 000/MT. IV-2. supply of raw materials. but for the middle and small manufacturers. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. For the big manufacturers. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. the unit price for PET material in China also went up from RMB7. With the markup of petroleum and chemicals prices. bottle caps and film labels made from food grade PET material. On the contrary. PET accounts for about 50% of total production cost of beverage products. 000/MT. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. 500/MT to RMB14. And only these equipments are in 78 .
full-running condition, the packaging service suppliers can control the production cost of PET bottles. Therefore, most of the beverage manufacturers have to outsource food grade PET bottles from professional packaging service suppliers instead of making by themselves. This is the secret of how the beverage packaging service suppliers earn money. IV-2.2 The Supply of Raw Material The PET Products Chain is as follows:
Packaging resin Crude oil PX PTA PET Thin film
Now in China, the situation of unbalance between short supply of raw material and oversupply of end products is evident. The short supply of PX drove the PTA price increase; and then the cost increment was transferred to PET producers. Thus the PET producers had to face two problems, short supply of PTA and increase of PTA price. IV-2.3 Demand from Downstream Industries In terms of the downstream products, currently over 80% of PET is used to produce chemical fibre in China, thus chemicals fibre is a major downstream products of PET. The development of chemical fibre influences greatly the PET industry. Many textile manufactories in China expanded their production capacities years ago. The demand for PET increased rapidly, which accordingly made the price go up rapidly. China is a big exporter of textile products. But in 2005, the demands for PET do not increase as anticipated. The upward evaluation of RMB, the limit of textile export from United States and European Union press the textile manufacturers in China have to reduce production volume. Thus the development speed of demand for PET was slowed down. IV-2.4 Transportation Cost During the past years, the waterway transportation cost, truck and railway transportation cost in China all increase, which made the PET production cost increase as well.
Ltd.. Xiamen Zhongtian Plastic Co. Ltd..953 189...200 29. Shenzhen City Ding Tai Technologies Co.000 64.96 0. & Exp.77 0.000 2.340.400 41.322 91.90 0.000 27..80 0.000 139.862 Value. Ltd.91 2.749 2. Liaoning Huiming International Trade Co. kg 2.290 146.950 32. Ltd..80 0. Jm Shanghai Nonwovens Co..000 524. Ltd.80 1. Volume.. Of Guangdong Dongguan City Kaiying Trade Co. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co. Chenghai Huaxiang Plastics Co.. Shanghai Huili Tage Board Co. Ltd. Ltd.. Ltd.. Shanghai Chemical Industry Supply & Sales Co.777 151.72 0.86 0. Jingyuan (Nantong) Chemical Fiber Product Co.08 1.849 32.000 34. Ltd.33 0.82 2.91 3. Ltd.000 78. USD/kg 3.218 431. Dongguan Arts & Crafts Imp. Ltd. Ltd.71 1.94 2.356 53.037.000 36. 39076019 and 39076090 in 2003 and 2004.073 2. Shenzhen Baoan Foreign Economic Development Co. Ltd.141.45 1.375 16. Ltd.73 0.600 31. Ltd. Xinhui City Jiaxun Electronic Trade Co. USD Price. Co.. Fuzhou Dong Li Cosmetics Co. Ace Mold & Industrial (Shenzhen) Co. Ltd Shanghai S.000 120.000 85.468 600.53 0.635 200. Ltd.589.. by volume and value. China Liaohua United Foreign Trade Co.062 1.C Ltd.. Tengxing Industry Co. Rexam Der Kwei Industrial (Shanghai) Co.922 428.590.150.500 203.675 68..000 60.89 80 . Ltd.68 0.78 0.534. Ltd.940 85.760.000 100.000 34.650 33. Zhejiang Grand Import And Export Co..913 2.000 174.94 0. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No. Taizhou Changshengda Plastics Co. Ltd. Ningbo Century Huan Yu Imp & Exp Co. Ltd.000 445.800 61.000 475.740 320.50 0..39 6.78 1. Ltd. Ltd.91 2.00 0.793 1.Part V Company Information V-1 Chinese Traders Importing and Exporting PET The following table lists the available Chinese traders importing and exporting PET under the HS code 39076011.000 100. Ltd.200 60.000 23. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Importers Names Xianglu Fibers (Xiamen) Co. Ltd.. Ltd.000 35.650..82 1.80 1. Kunshan Litai Fibre Co...000 920..400 226.60 1..292 178.400 2.40 0.000 92. Wujiang He Cheng Trade Co. Ltd.155 108.33 0. Beijing Huayuan Asia Pacific Tech Co..400 17. Orient International Holding Shanghai Foreign Trade Co. Ltd.000 20.489 256.380 407.. Ltd. Shenzhen City Minghui Industry Co.489..A.208 114.366. Guangzhou Duolilong Chemical Fibre Co.68 3. Ltd. Zhuhai Zhongfu Polyester Beer Glass Co.992 1. Honeywell (Kaiping) Industrial Polymers Co.000 240.600 275. Shanghai Heshibi Chemicals Co..035 89.000 2.000 17.500 40.222 2.
400 20.303.85 0.000 1. Ltd.861 13.812 23.092 13. Ltd.352 2. Ltd. Ltd.92 1. Zhangjiagang Bonded Zone Dong Hai Container Co. Ltd. Ltd.419 20.35 1.11 1. Zhuhai Chilk Enterprise Inc Others Total 16.50 2. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp. Zhuhai Bonded Zone Nan Guang Logistic Co. Shanghai New Particle Plastic Paint Co...90 0.. Ningbo Bonded Area Jinming Int'l Trade Co.000 4.975 9.581 3.820 1.50 2.136 29.400 6. Ltd. Shanghai Hebi Electronics Electric Appliance Co.90 0.45 0. Huizhou Xinfeng Packing Industry Co.. Zhuhai Zhongfu Industrial Group Co.. Ltd.000 2...86 1.932.774 4. Yuming Exactitude Industry (Shenzhen) Co. Ltd.000 2..883 1.92 3.795 1.02 81 . Ltd.80 1.577.760 23. Shanghai Xinxing Imp & Exp Co.87 0.000 6.000 12.300 2.729 1.550 1.40 0.85 1.13 0.. Jiangyin Beikaerte Steel Wire Products Co.740 1.000 9..254 128 2.000 1.675 5. Ltd..814 2. Shenzhen Longgang Foreign Economic Development Co.000 40. Xiamen Hong's Enterprise Co.700 1..90 0. Ltd.34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 Shenzhen Nengjianheng Commerce Developing Co.025 11..26 1. Ltd..90 0.260 14.27 1.605 1. China-Base Ningbo Foreign Trade Co.105 500 2. Ltd.025 10. Company Shunde Xicheng Plastic Container Co.532.649 19. Changzhou Worldbest Radici Co.97 0.125 3. Ltd. Fuzhou Jianing Cosmetics Co.000 4. Ltd.110 10. & Exp.400 7.00 0. Ltd. Hainan Xingye Polyester Stock Co.230 20. Ltd.400 6.
57 0.361.000 3. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.444 3..78 0.126.001 967.68 0.000 1.79 0. Ltd.218 0. Ltd.198 764..000 13.80 0.664 2.009 811. Ltd.53 0. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co.386 1.368.76 0.400 4.521 1.248 804.011.000 1.032.336 1. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co.52 0.007.427..70 0.78 0.945.70 0. Co..403. 28 Shanghai Xinjiyuan Industry Development Co.000 1.100 1..166..634 546.508.042.. Ltd.. Ningbo Century Huan Yu Imp & Exp Co.565. Ltd. 32 Ningbo Bonded Area Honghe Store Co.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.513.452 2. 26 Orient International (Holding) Shanghai Silk Imp.56 0.000 1.000 3. 30 Yuyao Global Trade & Technical Co.600.000 1.000 3.65 0.510..775.188.001 2. (Nantong) 82 .232.994.116 1.321 1.. 14 China Worldbest Group Colt..152 2. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co..64 0.000 918.79 0. Ltd.751 1. USD/kg 6..063. Ltd. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co.81 0. Shanghai Poly Technologies Co.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co..64 0.657 2.093 1.513. Shaoxing County Light Weave City Weave Imp & Exp Co. Ltd. Ltd. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.73 0. Ltd.000 1.78 0.. Ltd..000 1.67 0.704..69 1.145. Ltd.131 958.124. Ltd.511. 12 Beijing Huayuan Asia Pacific Tech Co. 27 Jiangsu Shenlong Business Out-Carving Group Co.845.879 1.001 880..494.101 829.64 0. Ltd. Ltd. 31 Shanghai Zhongwei Int'l Trading Co. Ltd. 13 China Zhongfu Enterprise Co.000.075.504.000 1.400 1.052. 29 Dupont Hongji Films Foshan Co.008. Shanghai Haixin Chemical Fiber Co.286.996.69 0.843.890 602.000 3. Ltd.001 2.692. Ltd.74 0.899.822.026..692 2.267.120 435. USD Price.79 0.017.513..498. Ltd.367 6.000 879.000 Value.& Exp.69 0.644 1.73 0.510 994.72 0.68 0. 16 Jiangyin Wan Xiang Chemical Fiber Co.040. 21 Beijing Alison Import & Export Co.126.000 2.70 0.000 1.000 2.000 2.313.. Volume.843 727.326 2.747 1..697 698.000 1.812. China Silk Industrial & Trading Corp. Ltd.386.000 3.. 34 Zibo Huayang Sanwei Co.000 1. 25 Xiamen Huachen Clothes-Weaving Co.139.. 17 Xiamen Temao Xiangyu Development Co.000 4.61 0.69 0. Ltd.780 730.200. Ltd.933.709 1.255. 33 Shanghai Ailisheng (Group) Co. 37 Shan Bao Zhong Sheng Packing Printing Ent Co. Fujian Province Qing Long Trade Development Co. Ltd.77 0. Ltd.81 0.. Ltd. Ltd. 24 Xiamen Xiangyu Taiping Commodity Circulation Co.004. kg 8..451 976.79 0.142.000 2.000 3. 15 Shanghai Jianfa Industry Co. Ltd.855 3.55 0.000 2.000 1. Ltd.000 3.738 1.000 1.128.403 715.547. Ltd..648 678. Ltd.500..78 0.091 1.84 0.389 2.000 1.440 807.
628 306.77 0.408 198.450 323.60 0. Ltd.93 0. Ltd. Ltd.430 204.719 45. Ltd.70 0.61 0.63 0.. Ltd. 52 Shantou Haiyang First Polyester Film Co.000 337. 49 Hangzhou Anshun Fibre Industry Co. 42 Ningbo Yunsheng Imp & Exp Co.649.326..000 323.778.. Ltd.411 168. Ltd.655 414. 41 Shanghai Union Jibsen International Co..69 0.55 0.000 354. 43 Xiamen Yundang Industry And Trade Development Co.000 494.400 347. Ltd.000 496..77 83 .000 500.59 0. 51 Zhejiang Grand Import And Export Co. Ltd.53 0.520 427.310 379.190 259. 45 Fujian Huamin Import & Export Corp.985 0.68 0..800 494.293. Ltd.80 0.. 47 Shanghai Ruiyuan Import & Export Trade Co.134 116.65 0.213 376.73 0. 54 Ningbo Bonded Area Gaoxin Counter Co. 48 Shenzhen City Hua Datong Rui Industry Co.400 300. Ltd..Ltd.87 0.978 503.880 48.000 513.050 306.792 171.77 0. Others Total 832.500 342. & Exp.792 333.. 46 Jiangsu Wuyang Group Corp. Ltd.. 44 Shanghai Aj Imp.995 242.000 306.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co. 56 China-Base Ningbo Foreign Trade Co. 50 Shanghai Ai Li Sheng I/E Co. Co..392 365..67 0.925 158.000 494.42 0.684 212. 55 Ningbo Arts & Crafts I/E Corp. Ltd.. Ltd. 53 Sichuan Oriental Insulation Material Stock Co.000 504.424 238.304 152.
Ltd.. 6 Jiaxing Guangshun Fibre Industry Co. Ltd.009 2. Ltd.293 4.517 1.775 3.749.337 1..402 800. Ltd.850 1. 40 Kunshan Jianheng Fibre Plastic Co.040.499 509.312.76 3.780 1.806...676 913. Ltd.32 2.972 875.30 0. 18 Churong Environment Protection Plastic (Shenzhen) Co.31 0. 35 Anhui Anlike Toys Co. 23 Jiangsu Light Industrial Products Imp.42 0.000 1. 14 Wuxi Hengdalai Engineering Plastic Products Co. 29 Jiaxing Litai Plastic Products Co.915 1. Ltd.408 466. Ltd.000 2.326 2.32 0.333 329. 12 Jingang Chemicals (Kunshan) Co.270 380. Ltd..000 770.291.. 24 Tianjin Daanxi Recycling Short Fiber Co.020.28 0.153.040.64 0.181 1. Ltd.150.632. 26 Taicang Wancai Regeneration Resource Utilization Co.776 690. Ltd. 19 Shanghai Jia Yi Chemical Ent Co.222 1. Ltd.652 1..715 1. 27 Shanghai Runnan Science & Technology Trade Co.001 789.645 1.30 0.500 4..412 832. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co.654 540. 5 Hangzhou Guotai Fibre Co. 31 Ningbo Younger Int'l Transportation Co.970 2. 34 Ningbo Jingyong Imp & Exp Co.000.348 1.087 719.348. Ltd. 15 Jiangsu Easthigh Group Import & Export Co.221 2. Ltd.402.495 979.250 2. Ltd.542.94 0.799 774. 3 Shanghai Dafeng Chemical Fibre Co. Ltd. 39 Shanghai Guochang Chemical Co..311. 7 Shanghai Nantian Economic & Trade Co.820.134 2.275 874. 28 Yixing Luutian Fibre Co..499 586. 22 Changzhou Jin Yang Plastic Product Co.. Ltd.. Ltd.261.701.271 375. 8 Deqing An Shun Chemical Fiber Industry Co. 25 Hangzhou Anshun Fibre Industry Co. Ltd.30 0.30 0.30 0.47 0.32 0.001 687..700 231.938.469 1.30 0. Ltd.563..27 0.30 0.433 634.238.326 211.673 Value.42 0.535. Ltd.564 1. Ltd. kg 8.692.37 0.. 13 China-Base Ningbo Foreign Trade Co.242 1.376 423.697.28 1. 16 Shanghai Dongjin Plastic Fiber Co.308 0.200 3. Ltd.38 0.792 1. Ltd. 4 Hangzhou Sanxing Paper Co.& Exp.30 0. 36 China Packaging Imp.38 0. Ltd.647.30 0. Ltd. Ltd.31 0.746 2.529. Ltd. 11 Ningbo Ding Jia Imp & Exp Co.27 84 .858.255.403 371.. Ltd.78 0.36 0.643.463.057 873.977 1.139.06 0.985 4.& Exp.722..545. USD Price. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.803 1.49 0.983 2.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No.705 542. 2. 41 Zhangjiagang Dongcheng Fibre Co..215 949. Importers Volume..636 653. 9 Shenzhen Longgang Foreign Economic Development Co.388 885.33 0.817 364.724 1.392.815 108.29 0. Ltd. (Group) Co.396 3.704 7.542 5. Ltd.133 1.725 423. Ltd. 32 Shanghai Sankai Commerce Development Co.30 0.30 0. Ltd.30 0.36 0.613 845. Ltd.263 1.347 517.130 319.916 299. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.700 1.42 0.253.305. 33 Jiangyin City Changlong Chemical Fiber Co.000 1.437.. 30 Dongguan Shangsha Shinghing Plastics Products Co.80 0. Ltd.873.631 442.817 228.407.210..032 546. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.062. Ltd.813 748.49 0. Ltd...29 0. 10 Hongfujin Precisidn Industry (Shenzhen) Co.177.
30 0.860 305.27 0. 56 Jiangyin Madi Recycling Co.000 628.28 0.581 399..30 0.430 29. Ltd.800 234...893 84...173 116. 65 Yaxing (Taicang) Recycling Resource Development Co. Others Total 85 . Ltd.290 42. Ltd.272 110... Corp.540 81.380 183.627 78. 60 Anhui Tianfu Fibre Co. Ltd. Ltd.70 0.237 93.305 189.. & Exp.46 0.30 0. Ltd.739 56. 57 Ningbo Xinxing Fibre Co. 58 Ningbo Fengshou Import & Export Co. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co.846. Ltd. Ltd.739 61. 46 Zhuhai City Qingan Huanan Economics & Trading Co.30 0.27 0.65 0. Ltd.. 45 China Ningbo Cixi Imp.38 0.985 55. Ltd.30 0. 62 Ningbo Zhongbao Imp & Exp Co. Ltd.333 51.227.39 0. 44 Hangzhou Keyun Metal Co.950 104. Co.407.453 106.30 0. 49 Shanghai Feilun Industry Co. Manzhouli Corp.995 142.160 64.385 179.627 134.150 158. Ltd.32 0.063 479.742 46. 63 Zhongluu Industry Co. Ltd.100 342.692 0.. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co. 48 Jiangyin Longyi Regeneration Plastics Co.070 152.32 0.000 268.450 46.29 0.921 56. 47 Cipic Shanghai Imp. 64 Orient International Holding Shanghai Foreign Trade Co.360 335. 52 Yangzhou Hong Le Toy Chemical Fiber Co.. Ltd.924 40.832 103. & Exp.30 0.877 31.34 0. Ltd.440 134..52 54 Shanghai Yongfeng Chemical Co.289 87.77 0.. 59 Huzhou Tong Xing Plastic Co.30 0. Ltd.883 91.30 1.900 486.144 364...359.30 0.883 114.28 0.115 102.650 149.474 215. Ltd. 61 Shanghai Lianan Plastic Product Co. Ltd.119 178.42 Humeng Foreign Economic & Trade Corp.28 0.890 172.777 188.272 153.115 210. 43 Laohu Powder Painting Manufacture (Taicang) Co.156 91. Ltd. Ltd.
. 20 Hefa Vegetable Oil (Shenzhen) Co..170.263 228.000 7.388 65.072 29.& Exp.000 74.287 138. Ltd. Ltd.. Ltd. 37 Shantou S.825 63. 24 Ningbo Younger Int'l Transportation Co.000 61.749 479. 31 Rexam Der Kwei Industrial (Shanghai) Co. Ltd.612 46.139 204.515 32. Ltd.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No. Ltd.243 9.64 3.138 103.. Ltd.000 59. 38 Shenzhen Baoan Foreign Economic Development Co. 23 Shanghai Heshibi Chemicals Co.227 2.246. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.000 35.000 813..881 1... 35 Zhangjiagang Bonded Zone Dong Hai Container Co. USD Unit Price. 36 Yuming Exactitude Industry (Shenzhen) Co.723 54.Z Huajian Electronics Co.675 890. Ltd. 4 Jm Shanghai Nonwovens Co.26 0.097 16.799 40.000 1.91 0. 6 Honeywell(Kaiping)Industrial Polymers Co.250 483. Ltd. Ltd.160 9.987 36.913 20.000 2.70 3..06 2. Ltd.65 1.E.91 1. 17 Tengxing Industry Co.. Ltd.99 1.. Ltd. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co.000 9.69 1.28 0.391 220.034 49. 13 Shanghai Huayuan Investment Development (Group) Co. 7 Taizhou Changshengda Plastics Co. kg Value. Importers Volume.53 1.000 16.00 1. 25 Xiamen Xiangyu Shangyang Trade Co. Ltd. 32 Kunshan Litai Fibre Co.. USD/kg 1 Chenghai Huaxiang Plastics Co.465 20..818 1. 26 Fuqing Jiaxing Toiletry Co. 33 Fuzhou Jianing Cosmetics Co.134 143. Ltd. Ltd.900 2. Ltd.400 105.000 60.725.486 9.29 0. Ltd. Ltd.000 380.556 47.73 1. 29 China Packaging Imp.974 55. Ltd. 15 Beijing Founder Import & Export Co.222 200.000 187.. 27 Dongguan City Kaiying Trade Co.. Ltd. 3.08 0.750. 9 Tianchang City Changxing Terylene Chemical Fiber Co.606.06 1.11 0. 3 Zhuhai Zhongfu Polyster Beer Galss Co. 34 Qingdao Ever Speen Zipper Co.25 1. 39 Shanghai Xinxing Imp & Exp Co.987 45.17 3..839 37.145 41.16 1.42 0.000 20. 5 Xianglu Fibers(Xiamen)Co.. 14 Jingyuan (Nantong) Chemical Fiber Product Co. 18 China National Construction Corp.290 83.600 5.172 364. Ltd.800 18.000 11.162 30. Ltd.. 11 Beijing Hua Yuan Asia Pacific Tech Co. 16 Zhejiang Grand Import And Export Co..54 0. 28 Ningbo Huaxi Int'l Trade Co.016 15. Ltd. Ltd.96 1.828 122.490.071 11..893 19. Ltd.. 40 Ningbo Bonded Area Honghe Store Co. 12 Jiangyin Beikaerte Steel Wire Products Co. Ltd..10 0..258 4.. Ltd.87 1. Ltd.250 2.000 400.965 10.86 1..366 8. Ltd.91 3.92 1.48 1.. 2 Guangzhou Duolilong Chemical Fibre Co.85 3.78 86 .05 2. Ltd.585 73.000 10.22 3. Ltd. Ltd.000 18..34 0.800 689.763 17.628 431. 8 Xinhui City Jiaxun Electronic Trade Co.50 1.345. Tianjin Company 30 Shanghai Huiyou Storage Co.794 69.494.90 1..000 203..925 4.35 1.619 23.000 75.60 2... Ltd.000 238. Ltd..779 1. Ltd.058.209 248. Ltd..943 2..974 315. 10 Xiamen Zhong Tian Plastic Co.05 0.99 1..
676 1.158.605 884..90 0.. Ltd. 15 Ningbo Century Huan Yu Imp & Exp Co.000 1.575 3. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co.586.500.153 1. 23 Shanghai Huayuan Investment Development (Group) Co.62 2.952. 87 .09 0. 16 Xiamen Tongrun Industrial And Trade Co. USD Price. Ltd.561 3. 6 Shanghai Haixin Chemical Fiber Co. Ltd.228. Ltd. kg 21.868.521.071.050. 24 Shanghai Jiuaifu Logistics Co. Ltd.218 4.90 2.500 1.Ltd.631..624..199 14.404... Ltd.726 1.79 1.00 3.. & Exp.02 1.000 1.89 0. 50 Fuzhou Dong Li Cosmetics Co.(Nantong) 8 Yuyao Global Trade & Technical Co.. Ltd.08 0. Ltd. Ltd.515.007.96 0.00 5.99 1..08 0. Ltd.692.768.218 3..989.000 7.000 2.50 0.216 985.842 9.80 12 Shaoxing County Yanzhong Trade Co.441.03 0.000 1. Ltd. 3 Shaoxing County Light Weave City Weave Imp & Exp Co. Ltd.41 Shanghai Fangxin Plastic Mould Co.000 1.836 1. 5 Shanghai Hua Yuan Enterprise Development Stock Co.554 316 23 11 16.892. 46 Lingwang ( Wuxi) Electrical Equipment Co.228.761.970 957..251 998.91 0. 18 Shanghai Jianfa Industry Co.342.467. Ltd.000 2. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co.920 3. 43 Shenzhen Longgang Foreign Economic Development Co.583 5.000 3.06 0.226. Importers Volume.95 0.. Ltd.98 0.55 1.134.018.125.000 2. Ltd.59 0.000 3.263.99 1.93 1.472 5. Ltd. 10 China-Base Ningbo Foreign Trade Co.968.000.900 8.450. 17 Shaoxing Zhenya Weave Product Co.93 0.360 2.204..84 1.002 2..345.000 3.073..216. Ltd..504. Ltd..01 1. Ltd.926.121 1. 13 Shanghai Zidong Chemical Plastics Co.410 1.895 6.178.689 1. 9 Shaoxing County Nanfang Imp & Exp Co.450.667 882. USD/kg 1 Shaoxing Tianlong Imp & Exp Co. Ltd.85 0..234 4.554 3.645.278.058 1.810 3. 49 Shunde Xicheng Plastic Container Co.. 21. Ltd.725 150 45 2.149. Ltd. Ltd.000 1. 19 Zhejiang Xiongfeng Imp & Exp Co. 42 Shanghai Zijiang Special Bottle Industry Co.545 806.927 1.510.000 900 300 1. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co. Ltd. 47 Shenzhen Light Industrial Products Imp.. 2 Shaoxing Textile Co.51 0..716 1....11 0.22 0.368.947 2.786 2.96 0..419 3. 27 Jiangsu Wuyang Group Corp. Ltd. Total 4.109 0.340.391 4.000 2.714 6.423 4.022.68 0. 14 Zibo Huayang Sanwei Co.98 0.348 2.522 3.505 1. Ltd.000 4. 4 Dupont Hongji Films Foshan Co.63 0.83 1. 22 Ningbo Bonded Area Gaoxin Counter Co.. Ltd. Ltd.756 1.000 Value.504.684.000 1.668 1.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.702 1.000 5.000 3. Ltd.000 1.. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co..000 3.508.. Ltd.79 1. Company 48 Haolai Chemical Industry (Zhongshan) Co.208. Ltd. 7 Dongli Compound Fibre Co. Ltd.
35 Jiangyin Wan Xiang Chemical Fiber Co.000 116.942 100.544 760.. Ltd.79 0. 34 Shanghai Huaxing International Container Freigat Transporation Co. Ltd.824 470. 37 Shaoxing City Longsheng Weave Products Co..90 2.01 0.031 1...219.77 0..68 1.356 163. 55 Jiangxi Fushida Trade Co.170. Ltd.615 252. 42 Orient International Holding Shanghai Foreign Trade Co.496.241 735.140 122. 58 Ningbo Dafa Fibre Co. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1.88 0.580 239. Ltd.500 105..620 738.87 0.39 0. Ltd.87 0.130 126.287 440.000 400.000 456. 39 Shanghai New Long March International Trade Co. 60 Xiamen Waitu Imp.10 0.. Ltd.000 500.403 406.953 85. 36 Ningbo Jiasaile Trade Co.227 289. Ltd.360 1. Ltd.000 500.810 954.57 0.94 0.717 270. 48 Nanhai City Jinglong Non. Ltd.83 1.Weaving Co.171 268. 52 Hangzhou Anshun Fibre Industry Co. 30 Kaiping Mingxian Monofilament Enterprise Co.309 186.353 396.55 1.400 272. Ltd..962 550.90 0.126 60. Ltd.173 212. Ltd.873 178.10 0.613. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co.773 421.171 109.000 936..63 0.502.437 165..447 0.024 300. 56 Zhangjiagang Cheng Xing Chemical Fibre Co.713 137. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.048 500..84 0.55 0. 29 Shanghai Justen Packing Material Co.27 2.13 0.969..494 695.000 136. Ltd.347 541. 40 Jiangsu Shen Long Business Out-Carving Group Co. 53 Dongli Compound Fibre Co.971 360. 59 Ningbo Haitian International Co. 43 China National Chemical Fiber Corp.000 500.87 0.800 500.115 572..763 646. 57 Shanghai Zheng Bao Textiles Products Co.03 0. Ltd.94 1. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co..81 0.278 432. Ltd. Ltd...78 1.. 41 Jinjiang Fu Xing Zipper Co.828 211.316 108.000 454.658 512.28 Zhejiang Grand Import And Export Co. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co..000 500. Ltd.000 500. Ltd.85 0.70 1.493 818.026. Ltd.. Ltd. Ltd.000 100.000 502.000 651.170 54.99 32 Ningbo Arts & Crafts I/E Corp.000 190. Ltd.000 500.58 0.80 1..74 0.80 0.86 0. Others Total 88 ..797 457.654 64. 38 Shantou Haiyang First Polyester Film Co. Ltd.000 521.969 455.580 379.(Nantong) 54 Nantong Huatong Fibre Co.328 440.91 0. Ltd.000 171. Ltd..000 118.
.122.832.497 438...156 1.40 0.106 310.55 0. Ltd.118 509.213 2.747.50 0.41 0.. Ltd.125 977.419.232.802 1.718 1. 12 Hangzhou Sanxing Paper Co.490 664..66 0..70 0. 27 Kunshan Anshun Fibre Co. Ltd. Ltd.39 0.378 3..284.055 827.075 749.453 2.789 479. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co. 31 Dong Guan Foreign Service Co.725 1.928 962. Ltd.000 2. 40 Shanghai Ge Lai Di Fiber Products Co.300 300.079 431. (Group) Co..730 322.137 1.48 0.134 1. Ltd.409.240 467..772 3.101..211.. 7 Hangzhou Guotai Fibre Co.040 1.32 0.300 481.Corp..314.33 0. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co.000 340.064.40 0.854.03 1.543 601.142 964.201 4. 22 Jiangyin Sanqiang Chemical Fiber Material Co. 19 Shanghai Dongjin Plastic Fiber Co.781.494.178 2. Ltd. 18 Yixing Luutian Fibre Co.081 429.603 1.730 12. Ltd. 34 Hangzhou Keyun Metal Co.149 136.824 452. 6 Fuyang City Fu Xing Imp & Exp Co.464 749.116. Ltd.751. 23 Shanghai Runnan Science & Technology Trade Co.665 4. 17...813 1.083.219.184 3. Ltd. Ltd. 9 Churong Environment Protection Plastic (Shenzhen) Co. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.36 0.754 342..049 229.082 1. 13 Jiangsu Light Industrial Products Imp. Ltd. 36 Zhuhai City Qingan Huanan Economics & Trading Co.. 20 Jiangsu Easthigh Group Import & Export Co. Ltd.40 2.271. 29 Zhejiang Zhenbang Chemical Fiber Co. 24 Shanghai Yongfeng Chemical Co..048 1.33 0.33 0.723 378. 39 Shanghai Jia Yi Chemical Ent Co.612 3. 14 Zhangjiagang Cheng Xing Chemical Fibre Co.694 1.43 0.804 285.146 663.572 303. 30 Dongwan Gaofuda Plastics Products Co.38 0. 28 Shenzhen Baoan Foreign Economic Development Co. & Exp.876. Ltd.38 2.03 0.45 0.97 0. Ltd.. Ltd..345.484.33 0. Ltd. USD/kg 1 Ningbo Huaxi Int'l Trade Co.634 11.419. 17 Shenzhen Longgang Foreign Economic Development Co.038. 25 Zhongcheng Ningbo Imp & Exp Co.766 1.431 2.495 3. 8 Hangzhou Anshun Fibre Industry Co.310 857.832 537. Ltd. Ltd.942. Ltd.103.& Exp.682 420. 35 Shenzhen Fbseg Industry Co.384. Ltd. Ltd.307 347.. 33 Ningbo Fengshou Import & Export Co.706 4.981 332.19 0. Ltd.. Ltd. Ltd.696 3.855.837.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No.478 4.807 2. Importers Volume.196 287.248. Ltd.58 0.160 797.425.071. 15 China Light Shanghai Imp.. Ltd.942.371 8.26 0. Ltd.277 1.38 0.47 Unit 3 Shanghai Runtong Int'l Trade Co.000 956. Ltd.50 0.67 0. Ltd.431. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.646 985.014 0.602 17.44 0..41 0. Ltd.270 1.867 3.49 0.44 0.664. USD Price. kg Value. 16 Wuxi Hengdalai Engineering Plastic Products Co.824.978 7.437 831.30 0.102. 89 ..127.000 696. 21 Lili Industry (Shanghai) Painting Co.36 1. 26 Kunshan Jianheng Fibre Plastic Co.515 253.46 0. 11 Ningbo Younger Int'l Transportation Co..479 1.518 618. Ltd. Ltd. Ltd.62 1.80 0.470 1. Ltd.049. 10 Jiaxing Guangshun Fibre Industry Co.242.46 1.
046 46.708 36.26 0.103 448.45 0. 56 Anhui Anlike Toys Co.123 350. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co. 44 Ningbo Ding Jia Imp & Exp Co.215 390. 60 Pujiang Bai Lian Imp & Exp Co.828 179. Ltd.354 112...30 0.356 449.250 242.549 179. Ltd.30 0..918 120.959 233.31 0. Ltd.000 254.269 490.42 0. Ltd.615 161.217 83.518 56.42 1.163 250. 73 Zhejiang Xinghe Group Industrial Co.580 219.656 36.066 100.77 0.782 242.90 0.170 105.64 0.532 119. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co. Ltd. Ltd..850 164.& Exp.30 0.61 0.000 252.931. Ltd.329 44.884 159.034 74. 72 Wuxi Tianyi Int'l Trade Co.30 0. Ltd. Ltd.420 161.000 125.. 43 Jiaxing Litai Plastic Products Co. 54 Shanghai Dong Hao Int'l Commercial Co.54 0..838 30. Ltd. Ltd.636 250..000 707.365 102. 61 Yingjunren Plastic (Shenzhen) Co.58 0. 545. 70 Ningbo Dafa Fibre Co. Ltd.41 Shanghai Yawei Trade Co.550 154. 59 Jiangyin City Changlong Chemical Fiber Co..932 0.352 151.80 0. 49 Shanghai Jiumao Foreign Trade Co. Ltd. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co. 45 Shengqin Plastic Cement ( Shenzhen ) Co. Ltd. Ltd.42 0. Ltd. 55 Changzhou Jin Yang Plastic Product Co.450 460..333 149. Others Total 90 .31 0. Ltd. 74 Shanghai Lianan Plastic Product Co.905 188.. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution..757 251.77 0.511 76.42 0. 52 Shanghai Rongyi Chemicals Co.830 195.364..500 329..432 236.231.31 0..030 121. 46 China Packaging Imp.35 0.840 266. 48 Tianjin Daanxi Recycling Short Fiber Co.550 368.85 0. Ltd..147 229.42 0. Ltd.333 108.. Ltd.174 513.42 0.607 361.. 71 Shanghai Hanjia Metal Product Co.204 124. Ltd.50 1.54 67 Ningbo Jingyong Imp & Exp Co. Ltd.645 100.148 222. 62 Hongkai Fibre (Quanzhou) Co.. Ltd. 53 Shanghai Yongkai Trading Co.533 215.003 205. Ltd.529 123. Ltd.056 570. Manzhouli Corp.30 0. 42 Dongguan Shangsha Shinghing Plastics Products Co.30 0. 57 Taicang Wancai Regeneration Resource Utilization Co.32 0.62 0.46 0..000 408.874 66.463 99..05 0. Ltd.627 35. Ltd.. Ltd..504 157. Ltd. 51 Dongguan City New Technologies Imp & Exp Co.35 0. 64 Humeng Foreign Economic & Trade Corp.489 213. 65 Dongguan City Qifeng Foreign Trade Co. Ltd.30 0. Ltd.737 36..665 117.016 121.46 0.327 112. Ltd. 50 Haifu Development(Shenzhen)Co.555 237.000 805.30 0..513 297.139 67.213.39 0. 58 Jingang Chemicals (Kunshan) Co. 75 Shanghai Feilun Industry Co..30 0.384 100.. 63 Qiyuan Plastics (Shenzhen) Co.882 187.073 110. Ltd.320 107.254 33.529 260.05 0.
000MTS/year of special polyester annually. Ltd. with the investment totaling USD274 million. Sales and Export They claim SDR has import and export license. with the production capacity of 320. Han Jiang Website: www.000MTs/month. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. DSR has a special PET production line..000MTs/year.R.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr.com 1) Company Background Dragon Special Resin (Xiamen) Co.1 Dragon Special Resin (Xiamen) Co. DSR also provides public utility such as steam. Xiamen 361026.V-2 Foreign Companies in China V-2. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. and they comment it is not high. But they refuse to disclose the names of those regions. Ltd. capable of producing different grade of polyester chips. industrial grade chips as well as other related high quality products. P. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer. Price They disclose current price for bottle-grade chip is RMB10. Haicang Investment Zone..dragonsr. 91 . heat through heat-transferring medium and electricity. and current output is 14. the United States and Italy. (DSR) is founded in April 2002. And the company is the exclusive distributor for some regions. The total production capacity of PET products is 320. they produce bottle-grade chips but don’t produce film-grade chips.000~15. three Solid-State Polymerization lines. DSR's production facility is equipped with technologies and equipment imported from Japan. 700/MT. Address: Nanhai 1st Road. It is a wholly foreign-funded enterprise. The main products of DSR are bottle grade chips. DSR occupies a total area of 24 hectares. At present.
They disclose the company carries out production in accordance with purchasing contracts.92 million.V-2.Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Ltd. 2) Situation of PET in 2005 . Shanghai Lianji passed ISO9002 in early time. Shanghai Lianji introduced a 70.Production They claim the company started to produce PET chip in 1995. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow. in 1994.The Phase Three polyester Project with yearly capacity 150. Ltd.000MTs/year started construction on August 2002.. Zhuo Website: www. and the price of raw material keeps growing recently. Germany and Shanghai International Shanghai Growth Investment Ltd..Price and Specifications 92 .. which has advanced equipment and can produce high-quality products.000MTs/year and it produced 250. They claim the company is a Sino-Germany joint venture.. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co. Its total investment is USD138 million and registered capital is USD49.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's. .195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P.shlianji. . The production capacity is 300. Zimmer AG.R.com 1) Company Background Shanghai Lianji Synthetic Fibre Co.300m2 and has 528 employees.000MTs last year. Shanghai Lianji covers an area of 294.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr. Ltd.000MTs/year filament grade polyester facility (Phase One) and a 30.2 Shanghai Lianji Synthetic Fibre Co. Address: No.
FDA test and Coca-Cola. respectively. 60% and 70% of domestic market. Raw Materials 93 . Address: No.The company can supply many specifications. Jiangsu Province.. Italian Faostuo Radici Group. West Waihuan Road.3 Jiangsu Changzhou Worldbest Radici Co.000MTs.. V-2. including dull..R. Xu Website: www.000MTs/year bottle-grade polyester chips. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002. which makes the company one of the largest manufacturer in China. They disclose there are three production lines of PET in this company. and the production capacity is 270.. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr. 68.czwbr.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. Changzhou 213022. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years.China Tel: +86-519-5100553-663. Ltd. Ltd. The total investment of this company is USD11. 400/MT.2 million. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. Hongkong Qiule Development Co. At present. ISO14001.406 million and the registered capital is USD45. in 1996. Ltd. (CWRC) was founded by Shanghai Huayuan Co. National High & New Technology Industry Development Zone. P. heat-resistant chip and edible oil chip hold 20%. semi-dull and bright chips. CWRC’s water bottle-grade chip. Ltd. Current price is RMB10. the daily output is 800MTs. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco.
The company exports half of its products to international markets. pet sheets and HDI. as well as drugs. films. 5778666 Fax: +86-519-5778889 Person to Contact: Mr. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. At present. Ltd. Address: No.000MTs/year production capacity. which is different from other PET producers. Swiss. etc. Its bottle-grade PET chips can be applied in packaging of CSD.andenie.000/MT.. V-2. Ltd. with the total investment over RMB400 million. 94 . the price of water and oil bottle-grade chip is RMB11. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr.R.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co.China Tel: +86-519-5778111. 1. Germany and SSP technology and facilities supplier Bühler AG.000 square meters. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004.000MTs/year. Guan Website: www.They claim all raw materials for PET chips are imported from foreign countries. tea-drinks. but the rate will vary with the market demand. Jiangsu Province.. and edible oil. Yutang Industrial Park. Changzhou 213033. Xinyu East Road. drinking water. the operation rate is about 80%. Xinbei District. Price At present. They disclose the company carries out production according to its purchasing contracts. The company mainly specializes in producing bottle-grade PET chips with 220. The company’s production capacity of PET is 220. fruit juice drinks. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. Changzhou Andenie covers an area of 120. 2005 and only produces bottle-grade PET chips.4 Changzhou Andenie Polyester Co. P.
000MTs/year Differential polyester staple fibre. They claim the price will change in accordance with the market. Sales and Export The company has the import and export license. SSP.800/MT and RMB11. and edible oil.198. textile. The company passed DNV ISO9001: 2000 quality system certifications. It is a union enterprise using PTA and EG as raw material to produce polyester and other extension products for large-scale chemical industry. Shanghai 201419. because all the products produced in Sep. Baisha Road. The company will accept new purchasing orders till Oct. They disclose the specifications of the bottle-grade PET chips include CSD. dyeing and finishing and other relative accessory facilities. Wang Website: www.000MTs/year 95 .R.feis.5 Far Eastern Industrial (Shanghai) Co. Ltd. and it exported 11.000/MT. Address: No. have already been ordered. 2005. drinking water. Ltd. The production capacity of bottle-grade chip is 180.000MTs/year in 2005. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. DTY. PET sheet. V-2. 60.China Tel: +86-21-6875-1888 Person to Contact: Mr. Pudong District. P.000MTs/year.000MTs of PET chips last month. tea-drinks. They disclose the PET chips of this company sell well currently. 500. and the company claims it will increase to 500. fruit juice drinks. There are workshops for polymerization.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries. Factories of Far Eastern Shanghai occupy 370.000m2. dyeing and finishing.com. staple fiber. Price and Specification The price of bottle-grade PET chips is between RMB10. POY. weaving. chemical fiber. Xinghuo Development Zone.. The product structure is as follows: Bottle-grade chip.
Ltd.000MTs. about 200. 2) Situation of PET in 2005 . (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H.933.000MTs/year. ventilating film 4. Shanghai. V-2.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. 34. Changning District 200051.. P. Industries Co. 9.Production They claim the company has production facility of PET film. with the capacity of 55.000MTs and aluminized film 4.R. Ltd. They comment that the price is slightly high in China.6 Hunomik (Shanghai) International Trade Co.000m2. Ltd. The company specializes in producing BOPP.. In South Korea. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. 96 . the price is FOB USD1.800. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003. .000MTs.000MTs.000MTs/year DTY. Its workshops cover 50.Price & Packaging The price of PET film depends on the thickness of products.POY. developed ventilating film in 1993 and launched into PET film field in 1997. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr. ventilating film and processing many relevant film products. It is a wholly foreign-founded enterprise.700~1.China. The company started to produce BOPP film in 1990.000MTs/year. Li 1) Company Background Hunomik (Shanghai) International Trade Co. Zhongshan West Road. Thereof. PET film 17.S. the company has nine production lines. Address: No. In general.. They disclose that the packaging of products for export is in compliance with the export packaging standard. PET. the annual output of BOPP film is 30.
V-3 Profiles of Current Domestic Producers V-3.1 Sinopec Yizheng Chemical Fibre Company Co., Ltd. Address: Xupu, Yizheng 211900, Jiangsu Province, P.R.China Tel: +86-21-52385017 Fax: +86-21-52385019 Person to Contact: Mr. Sun Website: www.ycfc.com 1) Company Background Sinopec Yizheng Chemical Fibre Company Limited (SYCF) was founded in Dec. 1993. It is a holding subsidiary of Sinopec. It was listed in the Stock Exchange of Hong Kong and Shangshai Stock Exchange in 1994 and 1995, respectively. . SYCF mainly engages in the production and marketing of polyester chip, polyester fibre and producing the raw material of polyester PTA. Its business scope covers the production and marketing of chemical fibre and chemical products, production of raw materials, technologic development of chemical fibre and spinning, etc. SYCF introduced equipment from German, Japan, Italy, France, England, and America. The company has passed ISO9001 (2000) and ISO14001. The company produces more than 200 kinds of polyester and fibre products. By the end of 2003, SYCF and its affiliated firms have 1.31 million MTs/year production capacity of polyester, 188,000MTs/year production capacity of bottle-grade chip, 781,000MTs/year production capacity of polyester filament, and 855,000MTs/year production capacity of PTA. Main products of SYCF include: Film-grade PET chip Fibre-grade PET chip Bottle-grade PET chip Polyester staple fibre Polyester long filament Hollow fibre 2) Situation of PET in 2005 Production
They claim the total capacity of PET chip is 1 million MTs/year, and the capacity of bottlegrade chip is 300,000MTs/year. The company also produces filament. Raw Materials
They claim the company produces the raw materials of PET, PTA and EG. The production capacity of PET is 900,000MTs/year. The company purchases part of raw materials from home and abroad. Price
They disclose that current prices of water bottle-grade and oil bottle-grade are RMB10,500 and RMB10,550 respectively. Sales and Export
They claim the company has the import and export license. Purchasing order is better to be contracted 15 days ahead. V-3.2 Jiangsu Xingye Plastic Chemical Co., Ltd. Address: Sanfang Xiang, Zhouzhuang, Jiangyin 214423, Jiangsu Province, P.R.China Tel: +86-510-6742579 Fax: +86-510-6229819 Contact of personal: Mr. Huang Website: www.xyhm.com 1) Company Background Jiangsu Xingye Plastics Co., Ltd. (Jiangsu Xingye) is a joint venture subordinated to Jiangsu Sanfangxiang Group Co. Ltd, which was established at the end of 1999 with enormous production scale and great varieties of products among them mainly are bottle-grade, fibermaking polyester chips and polyester staple fiber. The company specializes in producing the bottle-grade and fiber-making polyester industry. The capacity of bottle-grade and fiber-making polyester chips production lines are 120,000MTs/year. Jiangsu Xingye applies technology and equipments from DuPont USA and Buhler Co., Ltd. Switzerland, respectively. The main products of this company include: Bottle-grade PET Fibre-making PET Industrial PET Polyester staple fibre 2) Situation of PET in 2005 Production
com.cn 1) Company Background Covering an area of 16 square kilometers. Fiber sector contains PTA.000MTs/year of plastic materials and 50.3 Liaoning Liaoyang Petrochemical Co. LYPC has 39 large production units with a capacity of refining crude oil of 7. Ltd. V-3. Address: No. aromatics unit and nylon 66 salt unit which produces 90.000MTs of light chemical oil annually. They comment this price is comparatively cheap. Chemical Sector has PE unit. 160.000MTs next year. while hot-filling bottle-grade chips products will be available next month.000MTs/year of N66 salt (including AA). 6 units under its direct control and 3 large joint ventures with 12. LYPC is engaged mainly in oil refining and producing chemical products and marketing. Hongwei. Price & Packaging The price for common water bottle-grade chips is USD1. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC. each about 21MTs. Liaoning Province. The company has bright film-grade and carbonated bottle grade chips in stock currently. 10 production plants.They claim the company’s production capacity is 550. Fuel Section can produce 1. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company. 2) Situation of PET in 2005 99 .5 Torch Street.035 FOB Zhangjiagang. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products. PP and PA units producing 400.000 staffs and workers.5 million MTs/year. In general. PET. LYPC now has 9 functional departments.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. the products for export will be packed in container.cnpc-lh.5 billion.000MTs/year of PET. Sales and Export They claim the company has the import and export license. P.45 million MTs of oil products and 900. they can offer less than container load.R. LYPC has marketed its products all over China and exported to foreign countries.000MTs/year of fiber products. LYPC currently has total assets of RMB13.000MTs. The output in 2004 is 350. If clients only need 1~2MTs. Liaoyang 111003.000MTs/year this year and it will increase to 950.
Address: No. Fax: +86-750-2228836 Website: www. Color Venter Particle Factory. Price The price of water bottle-grade is RMB10. Guangdong. The company’s subsidiaries include Polyester Chip Factory. which has been listed.400/MT. high viscosity chip for industrial use.4 Guangdong Kaiping Polyester Enterprises Group Co. located in Guangdong Province and covering 700. The main products of Kaiping Polyester include: polyester chips color fibre particle polyester filament polyester industrial silk cotton cloth series The species of PET chips include: Semi-dull fibre grade chip. Honeywell (Kaiping) Industrial Polymers Co..- Production They claim the company has PET stock at present.000MTs/year..000MTs last year. The company has two freight docks.. bright chip.kaiping-polyester. The total output of PET products is over 300. Ltd. P.000m2 of land.1. film grade chip and bottle grade chip. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. Ltd. 100 . Ltd.R.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. Meihua Road. Kaiping 529325. V-3.China Tel: +86-750-2213758. 2228111. (Kaiping Polyester) is a largescale collective group. as well as Kaiping Chunhui Co. 300/MT and that of oil bottle-grade is RMB10. bright fibre grade chip for civil use and industrial use. medium viscosity chip for use in sewing thread. Shagang District.com.
etc. The price varies in accordance with the viscosity degree of products. V-3. and the price will be higher. The company set up a 2. Its products of bottle grade PET have been approved by FDA test. Species and Price They claim the packaging is 1MT.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www..yuhuapet. covers 230. Ltd. The viscosity degree is higher. Zhuhai Yuhua has 650 employees. 140. 150. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. which is equipped with hundreds of advanced analysis apparatus. Its structure of major products is as follows: PET for fiber.000m2 of land and its construction area reaches 100.000m2. The company produces many species including light fibre chip. established in 1988. EEC test and H203. which are purchased in China and imported from foreign countries sometimes.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co. 80 are engineers and technicians. HR201. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. It exports products to Japan and West Europe.R. Among them.000MTs/year PET for film.5 Guangdong Zhuhai Yuhua Polyester Co.000MTs/year 2) Situation of PET in 2005 Production 101 . light fibre chip for industrial use.000m2 testing building. P. Guangdong Province. Address: Tangjia.. Ltd. Zhuhai 519080.The company adopts glycol and PTA as the raw materials.000MTs/year PET for bottle. 10. highly viscous chip for industrial use. (Zhuhai Yuhua). Zhuhai Yuhua specializes in producing polyester chips. Packaging.
R. At present. Ltd.6 Zhejiang Chemical Fibre Joint Group Co. flame retarding chip. polyester long filament... the company only had 5.000m2. The price is RMB10.8 billion.. tea bottle. Ltd. which is effective for about one month. with the capacity of 150. with a total capacity of 150. Sales and Export They claim their products are sold throughout the country and other countries such as Europe. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip. (UCFG) was built in 1984 by China Orient Asset Management Corporation. Address: Under Qishan Bridge. Shaoxin 312000. P. They disclose most consumers are willing to buy oil bottle chip 202 materials.000MTs/year of polyester filament. China Huarong Asset Management Corp. Its registered capital is RMB860 million. etc. By the end of 2002. Southeast Asia. Zhejiang Province.000MTs/year. Coca Cola bottle. In the beginning of its establishment.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. Ltd. oil bottle 202 and so on. 000MTs/year. V-3. including semi-dull chip. UCFFG has six subsidiaries and holding companies. the company’s production capacity has increased to 300. polyester staple and other products. China Development Bank.They claim the company produces fibre materials. 102 . 600/MT. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. . China Cinda Asset Management Co. etc. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications.. UCFG covers an area of 380. and other companies. The company also produces chips for mineral water bottle. cation chip.000MTs/year for PET chip. the total assets of UCFG reached RMB1.
.. 110. specializing in producing. LiXia District. The company owns 9 subcompanies.China. (Jinan Zhenhao) was founded in April 2002.000MTs/year Polyester filament. Its asset is up to RMB2.000MTs/year PET melt and chip.. The product structure of this company is as follows: IPA.7 Shandong Jinan Zhenhao Advanced Fiber Co. Ltd.39 billion. The production capacity of semi-dull chip is about 200. Tel: +86-531-88068236 Person to Contact: Mr. Jinan Zhenhao has 1. ISO14001. The company can offer cation.. Ltd. About Jinan Zhenhao Polyester Co.. Jinan Zhenhao Polyester Co. Shandong. processing and marketing chemical fiber. 103 .. 260. Huaqianchang Road. Ltd. JiNan250100. textile material. Jinan Huaxian Scientific.. 22.000MTs/year Polyester staple.jnzhaf. is a holding company of Jiannan Zhenhao. fabric and garment. Jinan Zhenghao has passed ISO9001.8% of who are technologic support members and 89 people are senior technologists. Ltd. Address: No.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip. Jinan Weide Fibre Fabrics Co.R.2.600 employees. Ltd. Industrial and Trade Co. Ltd.. ISO10012. 100.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co. Xi Website: www. The company has RMB220 million of fix assets.. Ltd.1 and OHSA18001. 80 employees work for it and 29 of them are engineering technologists. 29. Jinan Zhenghao Trading Co. semi-dull and bright chips. V-3. Jinan Zhenhao Polyester Co. Ltd. P. Ltd.000MTs/year.
PET fibre capacity is 100. and they comment that the product can bring much profit.76 billion is fixed assets. Price They disclose the price of PET chip is about RMB10. Its oil processing capacity is 5 million MTs/year. At present.China. A set of 100.000MTs of filament. chemical reforming capacity is 150.R. The capacity of PET chip is 160.000MTs/year.cn 1) Company Background Sinopec Corp. Sinopec Tianjin has 20 production facilities covering refining. P. 104 .8 Sinopec Corp. They claim the company has two sets of facilities.000MTs/year of PET chips. Dagang District 300271. Tianjin Branch’s total asset is RMB6. Tianjin Branch. Sinopec Tianjin has 4.000MTs/year of staple fibre and 8.638 staff members. about 60~70MTs/day. including 30. Tianjin Branch (Sinopec Tianjin) was founded in Apr. V-3. Raw Material They claim the company produces PTA as well. among which RMB2. Tianjin. Sales The products are mainly sold in Shandong Province. with the total production capacity of 260. and the daily capacity is 500MTs/day.com.tpcc.000MTs/year facility has stopped production. the facility of PTA has stopped for maintenance. 60. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. +86-10-51586861 Fax: +86-10-51586884 Website: www. Tianjin Branch Address: Sinopec Corp. Tel: +86-22-63822777. Up to now.000MTs/year.000MTs/year. including 743 technicians. Normal output is 400~500MTs/day.The company adopts the China-developed technology to produce PET. chemical and chemical fibre. and some are sold to Heibei Province.46 billion.500/MT. It has its own special Oil Wharf and tank area in Xingang Seaport.000MTs/year.
. 80. 250. Mitsui Chemical.200 at present.Sales The sales of this company have been unified. heavy aromatics. PTA facility. polypropylene facility. polyethylene facility. The price is RMB10. 200. Chemical Fibre Section: Polyester facility. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG.000MTs/year. jet fuel.000MTs/year.000MTs/year.000MTs/year. . 43. 22. 48.000MTs/year. LuoYang 471012. They claim the production capacity of PET is 200. DMT. Neumag Company of Germany. R. V-3. fuel heavy oil.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility. PET Staple Fibre facility.China. Union Carbide Corporation in the United States. Lummus. EO facility. FDY and POY filament facility. kerosene. 105 .000MTs/year. para-xylene. Polyether Polylol facility. PX facility. Ethylene Section: Ethylene facility.000MTs/year.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. film-grade chips facility.000MTs/year.Sinopec Tianjin mainly produces 31 kinds of products of oil. It is called Sinopec Corp. petroleum asphalt. 100. 600.000MTs/year. 300. 200. 60. coke. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. PLG. including lead-free gasoline. etc. 90. Tianjin Branch. P.000MTs/year and EG facility. chemicals and fibre.000MTs/year. which is taken changed by the sales center in Beijing.000MTs/year. Price The company produces fibre-grade PET chip. benzene. PET chips. Henan Province. light diesel. PET staple fibre and filament.000MTs/year and differential staple fibre. Shell in Netherlands. Mitsui Toatsu Chemicals of Japan.000MTs/year. 2. 120. 000MTs/year. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate.
000MTs/year. It was started construction in 1998 and put into production in 2000. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. The plant carries out production in accordance with purchasing orders. Sinopec LPC has more than 8. It has 1. which was invested in RMB6. Its major products include: POY FDY Polyester staple fibre PET chip PTA PX Benzene The Chemical Fibre Plant of Sinopec LPC introduced the technology and equipment from American Amoco. polyester facility.200 professional technicians. chemicals and chemical fibre. DuPont. and that of polyester staple fibre is 100.000MTs/year.500 employees.lypcc. The capacity of polyester filament is 90.000MTs/year.000MTs/year.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec.com. including 2.100 employees. direct spinning polyester filament and direct spinning polyester staple fibre. including aromatic hydrocarbon facility. UOP and Japanese Toray.000MTs/year. Price 106 . but the output volume is not as large as it. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. The Chemical Fibre Plant has five major production facilities. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. +86-10-51586861 Fax：+86-10-51586884 Website: www. that of PTA is 250.4 billion. Sinopec LPC specializes in oil refining. The capacity of PET melt and chip is 200. PTA facility.Tel：+86-379-66996147.
Zhejiang Province. Its products include: POY. P.000MTs/year. . Guangming.com 1) Company Background Zhejiang Tongkun Group (Zhejiang Tongkun) was established on the basis of Tongxiang Chemical Fibre Plant which was set up in 1981.200 at present. in 1999 and Tongkun Group Co.. At present. and that of chemical filament fibre is 600. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co. trade. It has more than 7. V-3. Hangzhou 314500.10. the total asset of Zhejiang Tongkun is RMB2. . Ltd. It is a state-owned enterprise. including RMB1 billion of net assets..8 billion.R. Zhu Website: www. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. Only a small part of PET chips are sold out.000MTs/year.The company produces fibre-grade PET chip. in 2004. IT as well as printing and dyeing fields. 2. Tongxiang Development Zone. Meanwhile. DTY DT FDY filament PET chip The production capacity of polyester is 720. Zhejiang Tongkun Group Address: No. Ltd. finance. 107 . the group sets foot in real estate. agriculture.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr.zjtkjt. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies. and most PET chips are used to produce polyester filament and staple fibre by the company itself. The price is RMB10.000 employees.
In Jul.000MTs/year and that of bottlegrade is 20.000MTs/year PET chip project. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999.000MTs/year and 550. The price of bright chip is RMB10. Zhejiang Tongkun invested RMB120 million in the 160. Zhejiang Tongkun passed ISO9002. Zhejiang Tongkun invested RMB310 million in the 180. 2000. UB20 LAUDA in Germany. HIMSON in India. 108 .000MTs/year. Up to 2004. etc. which was put into production in Oct.000MTs/year polyester project was put into production. Zhejiang Tongkun invested RMB580 million in the 180.000MTs/year polyester and melt direct spinning production line. 500.Zhejiang Tongkun introduced equipment from TMT in Japan. which was put into production in Sep 2003. Sales and Export The company has the import and export license. They claim the market of PET this year is unfavorable. In Jan 2001. Price and Specification The company can offer fibre-grade and bottle-grade chips. no semi-dull chip. 204. The production capacity of fibre-grade PET chip is 180. 2002.000MTs/year modified melt direct spinning long filament project. About PET Project In Apr. which was put into production in Jun. In Aug. the production capacities of polyester and melt direct spinning long filament reached 700.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. HONEY WELL in the US. 2000. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180. 2002. They disclose the company produces fibre-grade chip but not film-grade chip at present.
At present.Price The price for bottle-grade chip in its latest purchasing order is RMB10. Current operation rate of its facility is 100%. 2) Situation of PET in 2005 . The production capacity of bottle-grade chip is 60.000MTs/year. The company covers an area of 13. 800. Ltd.com.R. Among them. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. P.000MTs/year.cn 1) Company Background Xinjiang Tuhe Polyester Co. with the capacity of 110.87 hectares. .. The production capacity of multifunction and differential polyester chips is 60.tunhepet. Address: Yan’an South Road. as there are many buyers waiting for the products.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year. The company also produces fibre-grade chip..Production They claim the company hasn’t PET chip in stock at present. The company carries out production in accordance with the purchasing contracts. 109 . Chanji 831100.11 Xinjiang Tunhe Polyester Co.Sales They claim that the current market situation is comparatively good. there are 225 employees in the company. 90% workers graduated from the technical secondary school or collage. . Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. Xinjiang. with the production capacity of 60. The price will vary with the market. The company passed OHSA1800.. ISO9001: 2000 and ISO14001. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. V-3.000MTs/year. Ltd. Ltd.China.000MTs/year. Its major product is bottle-grade PET resin.
. the United States and Italy.biz 1) Company Background Heilongjiang Longdi Stock Co. It is a listed company. They disclose that the current output of PET products is not large. At present. Ltd. that of filament is 36.. Sales 110 . while only two factories are producing PET due to capital problem in the company. Japan.116. P. Acheng city150316. the production capacity of PET chips is 160.000MTs/year.12 Heilongjiang Longdi Stock Co. Address: No.China Tel: +86-451-53715382. Xiao. The Company passed ISO 9002 and ISO9001: 2000. which started to produce PET as early as 1985. It sells its products all over China and exports them to Europe and America. The price is RMB10.longdi. It does not produce film-grade chip. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory.000MTs/year and polyester industrial filament is 37. Miss Shao Website: www. that of polyester textile-grade staple fiber is 90. Heilongjiang Longdi has the import and export license.R. 300/MT. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. and the two factories work for 24 hours a day.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion.000MTs/year. Heping street.V-3. They disclose the company has more then ten factories. Heilongjiang Longdi imported the key equipment from Germany. 2) Situation of PET in 2005 . The company carries out production according to the market demand. Heilongjiang.000MTs/year. They claim their equipment is worldadvanced. Price and Specification The company produces bright and semi-dull chips. Ltd.
while the production base is in Yinbin Sichuan Province. Miu. They disclose that PET products are stored in Dongguang Guangdong Province.000 employees. Chen Website: www. Price and Species 111 . and 3D images and laser anti-fake products for packaging and advertising..They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament. (Push Group) was established in 1997.000MTs/year. Yinbin 644007. V-3. including over 500 technicians and professionals. Push Group has RMB3 billion fixed assets. molds.cn 1) Company Background China Push Group International Co. Push Plastic Building and Packing Materials Department. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. P. Push Plastic & Polyester Department. while the industrial filament is profitable.13 China Push Group International Co. and the total investment had exceeded RMB2. etc. Push Plastic Pet Preforms Department. Its products include plastic anti-fake bottle caps.000m2 production facilities and over 4.com. polyester chips. Address: No.0 billion by 2004.150. Push Subsidiary Companies and Push joint ventures. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. Minjiang West Road. Ltd. The claim PET chip cannot bring much profit because of expensive raw material. Sichuan Province. At present.. China. detergents and cosmetics. Push Group consists of three units: Push Group Push Plastic. It is a wholly subsidiary company under Wuliangye Group.pushi. plastic pipes and fittings. Mr. plastic packaging bags. The initial investment for Push Group was RMB300 million. Products of Push Group are exported to European. PET bottle preforms.. Tel: +86-831-3565889.R. The company carries out production in line with their purchasing orders. etc. Push Plastic includes Push Plastic Closure Department. 340. Ltd. American and Southeast Asian countries.
. JWSC integrates real estate. It was listed in 2004. They claim the PET products in the company are bottle grade PET. computerized embroidery. 2) Situation of PET in 2005 Production 112 .They refuse to disclose the domestic price of PET products. while the price FOB Guangzhou is USD1. and Xinda Computerized Embroidery Plant. Ltd. Chen Website: www. Camellia.. China Garment Group Co. mainly engaging in producing and marketing high-grade silk.China. About Jiangsu Wujiang Silk Group Co. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. Jiangsu Wujiang Silk Group Co. Add: Shunxin Middle Road. Ltd. and Suzhou Foreign Economic Development Corporation. Ltd.. Ltd. V-3..com 1) Company Background Jiangsu Wujiang Silk Co. Xinhua Silk Weaving Mill.. Jiangsu Silk Group Co. Ltd.. Ltd. special filature. Ltd. Sales and Export They claim the company has its own import and export license. Longqiao.000MTs/year Chemical filament.. Xinsheng Silk Weaving Mill. The total registered capital of JWSC is RMB313 million. China Silk Industry Corporation. etc..R. 80 million meters/year Computerized embroidery. (JWSC) was set up by Jiangsu Wujiang Silk Group Co. The product structure of JWSG is as follows: PET chip.14 Jiangsu Wujiang Silk Co. scientific technology and trade.000MTs/year Silk. The products can be used in engineering plastic as well if it is processed to improve the performance. Wujiang 215228. Jiangsu Province. (JWSG) has five factories: Xinlian Silk Weaving Mill. Liaowu Silk Weaving Mill. 130.silkgroup. Shengze Town. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr.. 120. The total asset of the group is RMB4 billion.130/MT. P.
. The company has 6 production lines of small polyester.cifugroup.A. France and Italy. Xu. All the key equipments of polyester. It is a comprehensive enterprise with USD500 million of total assets.600 staffs and over 10% have been educated in college. 113 . cation dyed of DTY. P. Shaoxin 312073.000MTs of chip spinning). (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. Address: Binghai industrial strict. because film-grade chip is unprofitable. The company has passed ISO9001.. cation and other special chips. BOPET and medicine fields. film and yarns are imported from the U. which produces 400. Zhejiang Cifu sells its products both in China and abroad.000MTs of melt direct spinning and 100. China Tel: +86-575-5101220.R. The company produces cation and other special chips but not film-grade chip. Germany. Zhejiang Province. Japan. Specifications They claim the company offers bright. Zhejiang Cifu consists of two factories.000MTs of different specifications of semi-dull. V-3. seven corporations and one research institute center as its subcompanies. development and production of raw materials of chemical fibre. covering 2 million m2. semi-dull. Ltd. Zhejiang Cifu has more than 3.15 Zhejiang Cifu Group Co.com 1) Company Background Zhejiang Cifu Group Co.. Ltd.S. 5621130. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr. POY and FDY 400 thousand tons (including 300. It specializes in the research.They claim the company started to produce PET chips ten years ago. Miss Li Website: www. The output is 150MTs/day.
500 employees.000MTs/year and the daily output is about 300MTs. because its production is in accordance with purchasing contracts. The price of film-grade chip is USD110/MT. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. including film-grade..000m2 including 280. Meanwhile. 8039725 Fax：+86-575-8038161.cn/rx/ZONGHENG/twjs.R. covering. such as Europe and Southeast Asia. Its total assets reached RMB1. Address: Industrial Economical Development Zone. The capacity of film-grade chip is 200. Ma Website: http://www. Zhengjiang Zongheng covers an area of 667.htm 1) Company Background Zhejiang Zongheng Group Co.6 billion. Ltd.In 2003. 8038160 Person to Contact: Mr.zgsc. P. 114 . fibre-grade.. Ltd. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. Doumen County 312071. China. V-3. Ltd. Ltd. Zhejiang Province.000MTs of BOPET. 2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET.. It is predicted to be put into production in 2005. Tel： +86-575-8038368.000MTs of high-speed film grade BOPET material and 120.. and so on. Price and Specification They claim the company produces many specifications of PET chips. It has 4. which can produce 200. Sales and Export The company has the import and export license. They claim their products are sold both in China and oversea countries.. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co. They disclose the company cannot offer semi-dull chip at present.000m2 of construction area. cation. It has five economic entities.16 Zhejiang Zongheng Group Co.
000MTs/year Differential fibre.000MTs/year Garment materials. and France. 38. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. The registered capital of the company is RMB250 million.000m2 and has 590 employees. including 248 professional technicians. etc. Germany. Ltd.R. The production capacity of polyester and filament of Hunan Jindi is 100. The company passed ISO9001: 2000. Ltd. The product structure is as follows: PET chip. Shuyuan Road. Europe and so on. 100. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . Liu 1) Company Background Hunan Jindi Chemical Fibre Co. Yuetang District. was established by Hunan Economic Construction Investment Company. 40.087 billion.000MTs/year. Hunan Province. 12 production lines of FDY and 4 production lines of POY. They refuse to reveal more information. P. The company covers 334. respectively. Xiangtan 411101. V-3...The company has six batch polymerization production lines.000MTs/year.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.17 Hunan Jindi Chemical Fibre Co. 2) Situation of PET in 2005 They disclose the company produces PET chips in accordance with its plan and it is unable to supply PET products to others. Address: No.. 160. with the total investment of RMB1. The company introduced major equipments for polyester and spinning from Switzerland.
500 staff members on the regular payroll. At present.com.000MTs/month.000MTs/year Synthetic fiber raw material and synthetic fiber.48 Jinyi Road Jinshan 200540 Shanghai China P. The company carries out production in accordance with purchasing contracts. synthetic fibers and plastics. Ltd.cn 1) Company Background Sinopec Shanghai Petrochemical Co. synthetic resins and plastics. and current output is 8.000MTs/year. They claim the production capacity is 100.spc.1 million MTs/year Synthetic resin and plastics. covering an area of 9. V-3. 950. By the end of 2004. The company itself consumes 4. Their filament products are exported to foreign countries.18 Sinopec Shanghai Petrochemical Co. The product structure of SPC is as follows: Crude oil. 1. Address: No. 950. petrochemicals. SPC has total assets of RMB 28.000MTs/year Petroleum and petrochemical products. Price They disclose the factory price is RMB10. It produces semi-dull fibregrade PET chip. SPC has 72 sets of main production plants including oil refining. petrochemical processing. The company produces over 60 different types of products in 4 categories.4 square kilometers. manufacturing of plastics and synthetic fibers. 5. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. Ltd. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972. Zhang Website: www. 14 million MTs/year Ethylene.8 billion and 28. Sales They claim the company has the import and export license. intermediate petrochemicals.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. 200. R.38 million MTs/year 116 . It specializes in highly integrated production and operations of petroleum products.000MTs/month. synthetic fiber raw materials and synthetic fibers. such as petroleum products.
Sichuan Polyester covers an area of 220. in 1993. 117 . PET chips cannot bring much profit.000m2. the price of raw materials rises accordingly. technology of polyester staple production line from Japanese TOYOBO.911 million.scjz.800/MT.88.000MTs/month.Sales They comment that current market of PET is unfavorable. 70.In June 1993. As the price of petroleum goes up. Ltd. Current price of semi-dull chip is RMB10. the production capacity is 8.000MTs/year. Zigong Investment Company and Sichuan Textiles Group Co.It has 963 employees. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. Ltd.. V-3.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC.R.. Its total assets were RMB144. Address: No. It started to produce PET in 1982. -Price and Specification The specification of PET chip has bright and semi-dull chips. Zigong 643010. Sichuan Province. Ltd. At that time. P. Kong Website: www. 2) Situation of PET in 2005 . Da’an. .China.. The production structure of Sichuan Polyester is as follows: PET chip. At present. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. was set up by Sichuan Investment Group Co.19 Sichuan Polyester Co.000MTs/year Polyester filament. technology of filament production line from Swiss Inventa and equipment from Barmag AG. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company. 100. Ltd.com 1) Company Background Sichuan Polyester Co.000MTs/year. Juxin Road.000MTs/year Polyester staple. 20. the production capacity was 80.000~11. They disclose that the price of PET chip went up last week. SPC was listed on the Shanghai Stock Exchange. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange..
dyeing & printing.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. Sales They disclose most PET chips are kept to produce polyester filament and staple.R. At present. 300.China Tel: +86-575-4816306. They disclose the price changes frequently because the price of raw material goes up quickly. Only a small part is sold out.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag. V-3.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester.2) Situation of PET in 2005 Production They claim the output of PET chip is not large at present and the total production capacity of polyester is 90. 500/MT. P. Shaoxing.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment).000MTs/year polyester chips. polyester staple fiber. East Street. draw texturing. Zhejiang Province. 1. Japan Morata & Teijin seiki. Li Website: www. totaling 800.000MTs/year each from Germany Zimmer AG. Ma’an Town.yuandonggroup. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200.000 MTA polycondesation capacity (in which 420. The company produces PET chips in accordance with the purchasing orders.000MTs/year DTY and 120 million meters colored fabrics for customer processing. -Price The factory price is RMB10. There are also more than 100 sets of Japan Morata draw texturing machine type 33H and the world advanced dyeing & printing equipment with the capacity of more than 280. real estate. And 100. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. polyester filament. Major products of Zhejiang Yuandong include: POY FDY 118 .20 Zhejiang Yuandong Chemical Fiber Group Address: No. 80. heat and power plant.000MTs/year.
300. 520.Price The price is about RMB10. Ltd. It carries out production in accordance with purchasing orders.China Tel: +86-571-82799247.000 staff members.Sales and Export They claim the company has the import and export license. The company itself consumes some PET chip to produce polyester filament. Zhejiang Hengyi specializes in the production of polyester. 35 million meters/year 119 . ..000MTs/year Garment fabrics.Production They disclose the company has produced for four or five years. (Zhejiang Hengyi) is a state-owned enterprise established in Oct. Currently it only produces fibre-grade PET chip. The product structure is as follows: PET chip. They disclose current output is about 600MTs/day. 300/MT at present. Ltd.com 1) Company Background Zhejiang Hengyi Group Co.000MTs/year Met direct polyester filament. P. Shi Website: www. Hangzhou 311209.DTY Staple fibre PET chip 2) Situation of PET in 2005 . 80. Zhejiang Hengyi covers an area of 530. It changes in accordance with the market situation. Zhejiang Province. filature and weaving as well as R & D and trade.21 Zhejiang Hengyi Group Co. V-3. 1994.hengyi.000m² and employs more than 4. 82797888 Fax: +86-571-82759919 Person to Contact: Mr. The total asset of this group is close to RMB5 billion. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German.R. . Address: Yaqian Town.000MTs/year Polyester staple fibre processing. Xiaoshan District..
120 . and the capacity of 75. . +86-20-82215900 Person to Contact: Mr. The company passed ISO9002 in 1998.Production The company only produces fibre-grade PET chip. Address: Dongji Sub-zone. The company has the import and export license. Ltd. Guangzhou 710730. . The fibre-grade PET chip in this company is semi-dull chip. Ltd. V-3. thus it only sells a part of PET chip.000 area of land. P.600/MT. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre.. 2) Situation of PET in 2005 . Guangzhou Economic & Technological Development Zone.R.000MTs/year. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. ] They claim the production technology and facilities are imported from DuPont Company.. The company also produces polyester filament and polyester staple fibre. Huang Changzheng.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10. and they claim the price is not high in the market. (Guangzhou Yamei) is a China. Guangdong Province.Zhejiang Hengyi exports its products to foreign countries. US and Japan trilateral joint venture enterprise with investment of USD70 million.China Tel: +86-13925187591. Its workshops cover 80.22 Guangdong Guangzhou Yamei Polyester Co.
000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year.. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998. Address: No. Foshan. Ltd. P. Ltd. chips used for non-ordinary type fiber. Main products of this plant include: semi-dull and bright chips.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14. Among them. Chancheng District. Foshan Synthetic Fiber Plant and Spinning Thread Plant.45. Total production capability of the company is 150. since the Property recombined in 1997. accounting for 1/6 of total staff.000 tons/annum. The company has four factories: Foshan Polyester Chip Plant. The continuous polyester viscosity increment facilities of 20. V-3.. (Foshan Chemical).23 Guangdong Fushan Chemical Fibre Complex Co. such as cation-dyeable chips ordinary bright chips used for film masterbatch chips used for film other function chips used for film 2) Situation of PET in 2005 Production 121 .China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. Foshan Polyester Filament Plant.000MTS/year. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72..com. Fuluo Road. The company has more than 400 experts and technicians. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips. senior engineering technicians account for 10% and medium engineering technicians account for 30%.fcf. Ltd. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. Guangdong Province. Dong Website: www.R.cn ` 1) Company Background Foshan Chemical Fibre Complex Co.
Ltd.000MTs/year and it is the midseason for filament at present. The company has two production lines of PET. BOC Haikou Trust and 122 . also produces PET chips. Ltd. and only a small part is sold to others.. Ltd.. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr.. With respect to PET filament. The daily output of PET chips is 230~240MTs.000MTs/year. is very large. 000/MT.They claim that the production capacity of PET chips in this company is about 70. the output of Guangdong Kaiping Polyester Enterprises Group Co. (Hainan Xingye) was set up by Hainan Textile Industry Company. Hainan. Price Current price of PET chips is claimed to be about RMB11.000MTs/year.. which is a downstream product of PET chips. They also disclose that this company is a state-owned company and it is in the process of restructuring. Sales and Export They disclose most PET chips produced by the company are used to produce filament. Raw Material They disclose raw materials are expensive at present.000MTs/year. about 400. thus the both production lines of PET are carrying out full-scale production. Address: No.24 Hainan Xingye Polyester Co. Xinye Road. Wang 1) Company Background Hainan Xingye Polyester Co. Ltd. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008. V-3. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Gang'ao Industrial District.China. and the company also produces polyester filament. Ltd. and all materials for PET are exported from foreign countries. P. Hainan International (Oversea) Investment Co.19.R. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Its production capacity is about 180. The production capacity of filament is 35.. Haikou.
accounting for 35%. At present.000MTs/year. The capacity of PET downstream product filament is 60. They disclose the company will not sell PET chip in the future. the capacity of PET filament reached 60.25 Sichuan Guangkang Chemical Fibre Co. P. Ltd. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. the company’s operation is in the process of loss. Address: Shaoxin Road. V-3. Chemical fibre. Hainan completed its first phase of PET project was completed. In 1992. Spin materials.. Sichuan. Ltd. 000m2.(Sichuan Guangkang) is a joint venture. The total investment is about RMB 350 million.000MTs/year.Investment Company.R. The capacity is 160. Ltd. Because raw materials are expensive. . Chemical products. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. Guanghan. In 1995.China.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. The production capacity is 60.Production They claim the company has been produced PET chips for about ten years. It covers an area of 117. 2) Situation of PET in 2005 . At present. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co. while the price of polyester products is comparatively relatively low in the market.. 123 . Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr. the capacity of PET Polyester reached 60.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation.000MTs/year.000MTs/year. Main products of this company include: Polyester chip. In 2002..
Cai Website: www.26 Guangdong Shantou SOE First Polyester Films Co. Guangdong Province. Shantou515041. 8603975 Fax: +86-754-8251298 Person to Contact: Mr.000MTs/year non-fibre-grade PET chip. 000. Xu. Guangdong Province. Daxue Road.85. Sales and Export Most PET chips produced by this company are consumed by the company itself.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland.. Mr. P. Address: North side of Xigang Bridge.000MTs/year.China (PET films factory) No.78 and above 0. and monthly output is more than 3. and started the first phase. of the 60. Huange Road. V-3. its production capacity is 40. However. Shantou 515041.000MTs/year PET project in 1995. The price of bottle-grade chips is RMB11.R. 30.000MTs. but they disclose this price is negotiable. The company has passed ISO9002 and got American FDA certification.China (PET resins factory) Tel: +86-754-8231485. At present. P. Here the products occupy 95% of polyester chip in marketplace.com. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0.37. it supplies PET products to long-term clients as well.R. The main products of Sichuan Guangkang include: Bright fibre-grade PET chip Semi-dull fibre-grade PET chip High-viscidity PET chip 2) Situation of PET in 2005 Production They claim the company is a listed company and produces bottle-grade chips but not filmgrade chips. In addition the company is exclusive producer for PET in southwest District and northwest District. The Production capacity is 40. Ltd.000MTs/year.soe-film.cn 1) Company Background 124 .
(Shantou SOE) is a joint venture company. Shantou SOE First Polyphenyl Co.PET and co-PET chips.008-0. film grade PET chips are include audio base film. Ltd. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China.Shantou SOE First Polyester Films Co. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA.. 125 . etc. Quanzhou Quangang SOE First Polyphenyl Co. Shantou SOE has equipped two sets of independent additives preparation systems. 2) Situation of PET in 2005 Production The company is a joint venture. video base film and packaging PET films. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company.stamping foil grade PET films metallizing grade PET films laminating grade PET films laser homographic anti-counterfeit trademark grade PET films high transparency PET films for golden and silver card application black PET films The thickness range of its film products is 8-36 micron (0. Major PET chips include film grade and bottle grade bright chips.036mm) and width range is 330mm-1500mm. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc.. homo. etc. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE).... Ltd.. Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. Ltd. It produces PET and BOPET. Ltd.. SOE consists of Shantou SOE First Polyester Films Co. (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). Film products of this company include: audio base grade PET films packaging grade PET films hot .
which are produced by the company itself. later than PET film production. They disclose that the market of PET chips was not very good last year. They disclose that at present his company has no PET stock for packaging industry. Their products are sold in China and aboard such as Europe and America. R. V-3. PET chip includes film grade and bottle grade. Urumchi 830019. and it increased to 15. P.com 1) Company Background 126 .upc-chem. film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. 000~RMB30. They comment that the prices are slightly high. Sales and Export The company has imported and export license. film chip with additive and bright film chip (without additive). the production capacity is 3. and film grade chip has two species. But because production capacity is little. At present. The company adopts glycol and PTA as the raw materials.They claim the company has been producing PET film for more than ten years. Xinjiang. 500/MT. 500/MT and RMB11.000MTs/year and the output last year is claimed to be 3.000MTs/year currently. With respect to PET chips. the consumers mainly distribute in local area. At that time the designed capacity was 12. and they can produce different species according to clients’ requirements.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. Price & Packaging They claim the company has many species of PET film products. Species. They disclose their clients purchase PET products to produce drink bottle.000MTs/year. 000. they claim the company started to commence the production in 1990. canned bottle. The price for film chip with additive is RMB10.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. table-water bottle and so on. The prices are effective for about one month. They claim the production technology and facility of BOPET was imported from German Bruckner.000MTs.
000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. Zheng Website: www. Plastics Plant. It has already established serial development and production organization of relative products such as amino. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. P. 200/MT. They estimate the price will go up next month. resin powder.zbcfc. amino-plastics. The Chemical Factory of UPC has passed the ISO9001: 2000.China. long-efficient urea.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998. Sales and Export They claim UPC has import and export license. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. Ltd Address: Hangzhou Bay New Zone. Current price is RMB10.. 1. Zhejiang Province.com 1) Company Background 127 . Products of UPC are sold in China and exported to many countries and regions such as Russia. UPC consists of Chemical Factory.R. Southeast Asia and Middle East. But usually they don’t export PET chips V-3. Current output is 700~800MTs/month. Cixi 315334. engineering and transportation. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr.000MTs/year. Power Plant as well as some specialized service organizations such as equipment installation.28 Zhejiang Zhenbang Fibre Co. burning-proof bubbling foam materials and liquid ammonia. material supply. carbon dioxide.000MTs/month at most.
V-3. The production will not be resumed until Sep 15. Henan Province. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. The production capacity of PET chips is 1.1 polyester fiber factory and No. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. Zhejiang Zhenbang owns No. P.lypet. The production capacity is 20. The company was established in May 1997. Ltd. Luoyang Nanfeng specializes in the research and production of different polyester chips.000MTs/year.. Ltd. (Luoyang Nanfeng) is held by China Airbome Missile Academy.. Its annual capacity is 200. and holds the stocks of Ningbo Donghong Fibre Co.com 1) Company Background Henan Luoyang Nanfeng Polyester Co. It has 1. Its main products include: polyester chips staple fiber filament DTY elastic fiber colored PP filament 2) Situation of PET in 2005 They disclose that the company’s production facility is in the process of maintenance and it has stopped production.29 Henan Luoyang Nanfeng Polyester Co.300 employees and covers an area of 635.000 square meters.2 polyester fiber factory.Zhejiang Zhenbang Fibre Co. Luoyang 471003. The company’s differential PET chips include: 128 . (Zhejiang Zhenbang) was founded in 1990. Ltd and Ningbo Anbang Fibre Co. Its total assets have reached RMB1 billion. Ltd. and also provides consultation and service of polyester producing system.. All PET chips produced by this company are for sale. They claim the company is an integrated enterprise and have been producing PET chip for two years. The company also produces filament with PET melt.000MTs/month after maintenance. Address: Lichun West Road.000MTs/year. Ltd. Ling Website: www..R.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr.
Price They disclose that the factory price is RMB10. but the quantity is small. They disclose that the company mainly produces special PET chips.Fire-retardant poly ethylene terephthalate chips Cation deep dyeable pet chips Alkali solubility pet chips Pet chips of low melting point for color batch Pet chips of low melting point for heat-bondable fibers Alcohol-modified pet chips Other functional pet chips 2) Situation of PET in 2005 Production They claim the company has been producing PET for six or seven years. 129 . 500~10. They are willing to offer bottle and film grade chips for long term.600/MT. The company also produces bottle and film grade chips. The company carries out production according to purchasing contracts.000MTs/month. The production capacity is 1.
latest type electronic elements and energy-saving power equipment. and also produce imaging. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. which can be used in almost all white goods.V-4 Potential New PET Manufacturers V-4. It is a sub-company of SK Group in Korea. 130 . metallized film and film capacitors. P. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor.. Anhui Province on Nov. 2004. Ltd.China 1) Company Background SKC Co.. Ltd. Ltd. Anhui Province. SKC mainly produces polyester film. Anhui Tongfeng mainly produces a complete series of capacitor film. and dicing tapes for protecting and holding semiconductor wafers. and Anhui Tongfeng Electrics Co. information and electronic materials such as thermal ribbon for video printers. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. About SKC SKC was established in 1976. solar control window film for automobiles and buildings.R. According to the contract. the registered capital of Anhui TSF will be USD12 million.. SKC is the fourth largest polyester film producer in the world and the largest in Korea.. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. Address: Tongling. (Anhui TSF) in Tongling. Ltd. Anhui TSF will produce polyester film for capacitor.1 Anhui TSF Electric Materials Co. The company will be put into production in 2006.
V-5 Closed PET Manufacturing Sites Not available. 131 .
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