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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
2004. Although the International Trade Commission of the United States decides to nullify the import tax on PET. 760/MT in Dec. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. it is estimated that the import of PET in the United States will keep stable this year. 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%. It is estimated that the demand of PET in Asia will account for 29% of the global demand. that in Europe. Because of the high operation rate and large price increment of the raw materials.000MTs compared to 2003. decreasing import as well as few newly-built facilities. the price of PET decreased USD209/MT. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004.25 million MTs/year increment of PET production capacity in 2005 and 500. the import volume of PET in 2004 decreased 44% to 150. DAKAmericas. Although the growth rate of demand is higher than that in Europe and North America. and the price ever rose to USD1. the price of PET in North America goes up.Executive Summary 1. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. Recently the price of raw materials rose again. However. 3 . the import of low-price PET will strike the United States in 2007. Due to the strongly resuming demand. Asia becomes the key region of PET demand. Global Overview of PET . Some PET producers have announced to invest new PET facilities. According to statistics. and PET producers have increased the PET price RMB88/MT since Aug. 2005. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. PET manufacturers still can obtain profit because the cost of raw materials dropped. As the application technology gets mature increasingly. the price increment of PET in the United States was as much as USD594/MT. However. Indonesia and Thailand by . The growth rate of PET demand in Asia especially China is the fastest in the world. In 2004.000MTs/year in 2006. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. together with the antidumping tax imposed on the PET imported from India.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. For instance. Middle East and Africa will still account for about 30%. there will be a 1.
Because the capability of PET resin is steady. transparency. the overplus of PET production capacity in Asia was about 2. In 2004. it doesn’t react with other drink and produce ill odor. which will reach 4. 4 .8 million MTs in 2003. The proportion of fibre-grade PET will drop in future years. 54. bottle and film fields. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. Asia-Pacific will follow North America. At the present the PET has been applied in drink. It is predicted that such situation will turn better until the price of raw materials falls down.In 2004. the press on the profit ability in European PET industry will continue to exist. black tea.000MTs. Since PET entered the market.7 million MTs. the consumption volume of bottle-grade PET in the world was 5. The operation rate will be as low as 60%.4 million MTs/year. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005. with the consumption volume of 235.5 million MTs. and this proportion will be up to 17% in 2005.6% of total consumption. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. If new PET facilities are put into production on schedule. and the global consumption of PET bottles arrived at 6. At present. film-grade PET will take a larger part of PET production in the world. In developing countries. oolong.4% in Chinese bottle marketplace. In 2002 the PET output volume in the world was 26. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers. about 14% of global PET output was used to produce film.8% of global PET was used to produce chemical fibre.4 million MTs/year. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. At present.000MTs. PET is mainly applied in fibre.6 million MTs in 2004. especially the price of materials is low. In 1995. and North America will become the largest market in the world with the consumption volume over 250. more than half of global PET was used to produce chemical fibre. In past years. the product is used for many fields for its excellent properties such as light weight. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. easy to re-airproof. In future years. PET producers in West Europe restrict the import of PET through antidumping. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. and in 2004 this volume increased to 31. 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. and the application in other fields only accounts for 1. In 2002.
From 2005.2. and its proportion in global chemical fibre output increased from 36% to 40%. In China. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. PET Market in China During 2000 to 2004. Chinese PET production capacity accounts for over one third of global PET production capacity. the output in China grew rapidly in 2004. Meanwhile. far higher than other countries. the average annual growth rate was much higher than that in the world. and lays the foundation for the continuous development of textile industry. about 10% was consumed in packaging field and 5% was used to produce film in 2004.5%. accounting for 49% of global output (exceeding 7 million MTs). which will drive the consumption volume of PET. and polyester staple fibre increased 22%. it created conditions for Chinese polyester products moving to international market. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. accounting 42% of the global output. 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. 5 . Chinese polyester filament output increased 24%. China is a large PET consumer. about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene).
Market Trends and Forecast. discussing and summarizing the production situation in China form aspects of present production situation. The detailed findings of each manufacturer has been edited and summarized for reference.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. production. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. etc. market view. plan. In order to obtain the details situation of Chinese manufacturers. consumption. journals. The appendix-Manufacturers in China.10RMB 6 . etc. in order to uncover the situation of each producer from aspects of capacity. production level. Consumption Patterns of PET and Price Trends. The information in this report is dated to Sep. The aim of this report is to provide basic understanding to the Chinese manufacturers. etc. technology. raw materials. etc. This report is presented in five parts: The main body-Technology Development. 2005. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. export. either those who are active in production or those who are idled now. even if they already stopped. In most instances. Rate: 1USD=8. magazines. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. introducing the major producers in China based on the extensive telephone interviews. consumption. All the Chinese manufacturers have been located. extensive telephone interviews have been conducted.
000MTs/year PET chips production line into production. The production flowchart of PET is as follows: PTA Esterification. and cutting PET into chips or granules in water. The following is the brief introduction of the two technologies. few PET producers take this technology in China. then PET can be obtained through polycondensation reaction. At present. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . most of the PET manufacturers adopt two production technologies to produce PET polyester.2 PTA Technology PTA technology adopts PTA and EG as raw materials. I-1. I-1. put its 60..Part I Technology Development I-1 Historic PET Technology Trends In 1984. After polycondensation reaction between PTA and EG. Now in China.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. PET product for distribution is produced. DMT technology and PTA technology. Ltd. Sinopec Yizheng Fibre Chemical Co.
And the reaction temperature should be higher than the boiling point of EG for the same reason.1~1. The key points in the second step include: • • • • In order to shorten the reaction time. The mol ratio between EG and PTA is within 1. and be various in terms of various reactors.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET.2:1. • • 8 . The reaction balance should be broken to let this reaction move to the right direction. The optimum reaction temperature is within 275~290 ℃. during the esterification phase. Thus the polymerization degree and reaction speed can be improved. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET. Time for polycondensation reaction is two hours at least. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). the reaction pressure should be higher than atmospheric pressure.
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.
the investment needed is not large and it is easy to operate and maintain it.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. both one-step and two-step can be adopted to mold the bottle top first. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines. 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. The automatization level of this process is high. while the production of bottle blanks and plastic-injection. The one-step and two-step processes are basically similar.1 Introduction of Cold Filling PET Bottle Molding Technology At present. while the energy consumption is low. stretched and blown plastic after being deposited for more than 24 hours. 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. being stretched and plastic blown. then to another position. However. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. if PC is taken as the material of bottle top. Here the definition of two-step process is different from that of cold filling PET bottle. In general.6. If the material of bottle top and bottle body is PET resin. Because of the special requirements of hot filling PET bottle. stretching and blowing in the twostep process are completed by two separate machines. The difference is that one-step process is completed by one plastic-injection. One-step process is also called thermal forming. The automatization level of this process is low while the energy consumption is high. The two-step production process of hot filling PET bottle is: 10 . Two-step technology is that pipe blanks are heated.6. 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. stretching and blowing molding machine. only two-step process can be adopted.I-2. the molding process of one-step technology is unlike the process of two-step technology. I-2. There are special requirements on the bottle top.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. I-2.
11 . This method is widely used in hot filling PET bottle production at present.PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product.
95% of beer in China is produced with pasteurization method. Therefore. I-3.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. they are constructing new factories and plan to carry out large-scale production. Thermal forming bottle is fit for 85℃ filling requirement. At present. as the major function of PET packaging material. and are developing 1. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. such as preventing oxygen from oxygenating the food.5L and 2L beer bottles. which makes the fresh-keeping period of beer in PET bottles reach 100 days. Meanwhile. Therefore. processing and PET performance improvement. and the packaging requires enduring 6267℃. These requirements become key problems in the development of plastic beer bottle. PEN has a high heat enduring performance.4 Multi-layers Technology 12 . They are thermal forming bottle.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. At present. highly obstructive performance is attached more and more attention. three categories of heat endurable polyester bottles have been developed. highly obstructive PET is mainly used in food and beverage packaging industry. liquid and other infiltrations. After thermal forming. They have experimentally produced 350ml and 500ml PET bottles.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. In order to replace the glass bottles and metal cans packaging in beer. while the lost of CO2 in the beer will have impact on the bubble effect. milk and fruit juice industries. which will be a profit spotlight. I-3. At present. preventing aromatic flavor from emanating out. preventing water or vapor from damping the products. It can be produced into over 80℃ hot filling bottles. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. I-3. for the huge future market potential. preventing CO2 from emanating out. equipments. Even minimum oxygen in the packaging container will make the taste of beer changed. They adopt co-injection and blowing pulling technology. the bottles can endure over 90℃. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. I-3. tea and other drinks needing hot filling packaging.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas.
So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. used as oxygen absorbing agent in packaging industry. As transparent polyester. or carry out plasm disposal (ACTIS technology). multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. Amosorb is a positive interlayer. Barnaby Wallace and Mr. the purchasing managers respectively from Coca Cola and PEPSI. which was headquartered in Britain. Mr. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. Mr. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. having permanent oxygen-absorbing function.Three-layer or five-layer bottles can be produced. And later BP purchased Amoco Corporation. commented by Farha and Wallace. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. I-3. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. Said Farha. Amosorb is used in the more profitable multilayer bottles. At first. Farha commented that the using amount of un-returnable drink bottles will increase. Switzerland. EVOH is an efficient material with high gas-resistance performance. BP Corporation. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. EVOH can improve the resistance performance of PET bottles over ten times. Thus these beverage products need well-sealed packaging. Even though the high price and the challengeable recycling job. The other question about multilayer bottles is the recycling question. In China about 70% of products from Coca Cola are distributed by distributors. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. In 1998 Amoco Corporation put Amosorb into commercial production. The demand of EVOH increased 13 . EVOH and MXD6 and PEN. 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. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). which means that the low-cost well-sealed packaging bottles will have a huge market potential. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. the two beverage giants in the world. and is estimated as another method to improve the sealed performance of polyester. developed Amosorb DFC that is a kind of polyester.
Nippon Gohsei constructed a 15. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. Since 2002 the demand of EVOH in Europe has increased with 15% rate. heat resistable (Tg＝112～ 123℃). and the market size of EVOH and MXD6 was about four hundred million pounds (180. So PEN have good performances of gas obstructive. difficult to be recycled. it can be disinfected with alkali and recycled. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit.7 Nanometer. I-3. In the United States the total market value of PET for bottles was about 4 billion pounds (1. Although its gas-resistance property is improved. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle.rapidly along with the rapid demand of PET bottles. In the United States and Western Europe. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. it is only adapted to asepsis filling due to its low heat endurance. which meet the requirement of three to six months of retention period of beer. On the molecular side chain of PEN. which reduces the cost. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. Hull. They have produced semi-transparent beer bottle sample. 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. Chinese beer industry generally adopts pasteurization method after filling. complex technology and special requirements on equipment. the gas-resistance property and heat endurance of bottles have been improved.81 million MTs). Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. Meanwhile. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles.000MTs/year. resistance property of which is 14 . Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. whose sales number of the bottles added up to 300 million. 2004. I-3. The difference between PEN & PET is only on the molecular side chain. The above two methods have disadvantages of low transparency. England. chemicals resistable. Miami and other five cities. UV obstructive (UV of wavelength under 383nm can be obstructed).PET Bottles In Oct. lower gas absorption. there are naphthalene nucleuses instead of benzene rings.000MTs/year EVOH manufactory in Saltend.000MTs). It is reported that the resistance property of NPET is stronger than ordinary PET.
I-3. every product packaged in the bottle can achieve the longest storage life. This new technology can produce 0.000 bottles an hour.. Its process adopts coating the internal of PET bottle a monox layer. Glaskin TM is a patent technology of Tetra Pak. The thin monox layer can be recycled by current PET recycling equipment. it will not be damaged in the process of transportation and deposit.said 3-4 times higher than PET bottle. With stable and reliable performances. and its coating rate is as high as 6. this kind of products has already met the technologic condition of large-scale production. 2005. the heat endurance property has been improved. for beer and juice market. 15 . Therefore. Because the layer is coated in internal surface of the bottle. the transportation weight of each Glaskin TM bottle reduces 320g.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. injecting a layer of high-resistant polymer on the PET bottle top blank. Glaskin TM technology aims at highresistance packaging applied in beer. Tetra Pak China Co.2-2L consistent high resistance PET bottles.000-18. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. put out its newly developed two technologies. the fresh-keeping period is prolonged over 6 months. which offers excellent gas-resistance and fragrance-keeping property to products. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET. Through improving PET’s heat endurance and gas-resistance properties. Meanwhile. I-3. Glaskin TM and Sealica TM. thus less pollutant is produced during transportation. Sealica TM technology adopts repeating injection technology. The future of NPET is favorable.9 Glaskin TM from Tetra Pak China In Apr. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. while the production cost is lower than that of glass bottle. A Glaskin TM bottle including label and faucet only weighs 34g. It achieves the same effect as glass bottle does. Compared with ordinary PET bottle. Ltd.
widely used polyester with the biggest production volume. chip for water bottle.I-4 Product Types of PET PET chips are the earliest developed. include capacitance film. Its specifications mainly include chip for carbonated drink bottle. magnetic-film. Generally. insulated film and so on. bottlegrade chip and film-grade PET chip. bright chip. Film-grade PET chip is used to produce film. Its specifications include semi-dull chip. chip for edible oil bottle and chip for hot filling drink bottle. Fibre-grade PET chip is used to produce polyester filament and staple fibre. PET chip can be divided into three types: fibre-grade PET chip. 16 . Bottle-grade PET chip is used to produce bottles. super bright chip and cation chip.
there is a gap between Chinese technology and foreign advanced technology at present. zirconium and natrium and their mixture. France.5 hours for foreign producers. Catalyst Amongst most catalysts used by PET production facilities. There are few DMT facilities in China. However. Product Quality 17 . At present. Italy. neither in foreign countries. Facility Almost all major PET producers in China adopt PTA facility to produce PET. the usage volume of stibiumcategory catalysts accounts for 90%. This is similar to overseas PET producers. silicon. The comparison of Chinese and foreign technologies is narrated from following aspects. Process The conditions of polycondensation process in China and abroad are basically similar to each other. Currently. while there is a big difference on the conditions of esterification process in China and abroad. German. and the step of technologic innovation falls behind at the same time. Some companies aboard have already started to develop the catalyst system using lanthanon. there are few such breakthroughs in China. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. aluminum. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. 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.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. it’s about 10 hours for Chinese producers while 3. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. Chinese producers usually adopt comparatively low temperature and pressure. With respect to the total reaction time. the technology applied by Chinese PET producers was introduced from foreign countries. Japan. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. In general. Britain and the United States are the main technology sources.
heavy metal and ash. slow crystallization speed and weak stabilization of size. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. Technologic Bottleneck Currently. including weak intensity of melt. processing performance as well as the content of aldehyde.Generally. there is few difference between Chinese and oversea PET products in terms of environmental protection. German BASF Company. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. there are still three major restriction factors in PET production which Chinese PET technology cannot solve. as well as certain pressure-endurance. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties. The PET engineering plastic products of American GE Company. 18 .
000MTs/year PTA production line. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. TSF will produce polyester film for capacitor. power.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. Daxie Mitsubishi PTA project will build 600. 2006. and its annual production capacity will reach 2. which is a Sino-Japanese joint venture project started construction in Jun. and the cost of production in China is low. After three phases projects completed. Ltd. water. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. it will become the largest PTA project. After being put into production.the fourth generation Mitsubishi PTA technology.000MTs/year PET facility in Zhangjiagang. 2005 in Daxie Island of Zhejiang Province. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. Mitsubishi Daxie Mitsubishi PTA project. more and more foreign companies.. Ltd will hold the remaining 75% stake.14 million. and it will be put into production in Sep. The total investment of the whole project is about USD1 billion. producing and marketing PET film in China in 2006. 19 . SKC South Korean SKC Company. TSF will achieve sales revenue of USD17. come to China and set up factories jointly with Chinese large chemical fibre enterprises. products produced in China are distributed in local regions. including labor. and corresponding 50.000MT-grade liquid chemical dock. In addition. who will offer the raw materials of film-grade chip to TSF.6 million MTs. The total investment of its first-phase project is USD314 million. the largest single production scale in the world. Therefore. which have great influence on PET production in the world. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. SKC is a sub-company of SK Group in Korea. will have a 900. named TSF. the fourth largest PET film producer in the world. etc. will set up a joint venture.000MTs/year PTA facility put into production..
(FET) is an important polyester producer in Taiwan. which makes its total PET production capacity reach 450.000MTs/year polyester filament capacity to 130. It is put into production at the end of 2004. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. Zhejiang Province. film-grade PET chips. announced to enlarge its production capacity of bottle-grade PET. Ltd. which will be put into production in the third quarter of 2006. the largest non-fibre PET chip producer in China... Taiwan Nanya Plastics Corp. Ltd. 20 .000MTs/year..000MTs/year in 2004.000MTs/year in 2004.. Taiwan Formosa Chemicals & Fibre Corp. Nanya Plastics Corp. Formosa Chemicals & Fibre Corp. Taiwan Formosa Chemicals & Fibre Corp. it has 50. Changzhou Andenie mainly engages in producing and marketing bottle-grade. Ltd. Ltd. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. Shanghai Worldbest Co.000MTs/year polyester staple fibre facility in Sichuan Province.- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. Huvis Huvis plans to build a 220. FET Shanghai is a sub-company of FET.000MTs/year PET production line project. Jiangsu Province.000MTs/year PTA project in Ningbo.000MTs/year polyester filament. a wholly subsidiary of Korea Kohap Group in China.. (CWRC).. With total investment of USD114 million. Italian Radici Group Changzhou Worldbest Radici Co. jointly set up by Italian Radici Group. In addition. and Hong Kong Qiule Development Co.000MTs/year. Ltd..000MTs/year polyester staple fibre and 290. CWRC’s PET chip capacity is 270. FET has two production lines of PET. planned to increase its 30. plans to build a 350MTs/year polyester project in Kunshan. Ltd. invested a 600. with total production capacity of 220. FET Far Eastern Textile Ltd. but the schedule has not been fixed yet. Its production capacity is 220. CWRC also invested Euro 65 million into a 165. plans to set up a second PTA facility in Ningbo.000MTs/year..
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,
710/MT in 2003 to RMB13. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products. II-2. the tax rate of PTA was reduced 0. the PET price has increased from RMB8. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. II-2.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance.5 Customs Tariff In 2005. and the United States.5% to 6. The cost of beverage packaging material PET accounts for half of the product cost. PTA and PET by USD5~10/MT.31%. Because the raw materials for PET production in China mainly depends on import. Japan. large investment in equipments. 100/MT in 2005. South Korea. raw material supply and sufficient investment. Meanwhile. such as strict requirements on plastic processing machines. It is estimated that this volume will keep double-digit growth in next few years. Most imported PET is from Taiwan. II-2. which makes domestic manufacturers feel pressed.7 PET Price Price is a very important factor that influences the sales of PET. Therefore. These technologies have many unfavorable factors. It is likely to reduce the import price for PX. In China. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future. and some PET giants have already set up companies in China. On the basis of the tax rate in 2004.7% and 2%.5%. Chinese government lowed down the import tax for products of polyester chain including PX. Taking beverage industry for example. which directly stimulated the price of beverage 23 .growing 19. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. PTA and PET. China is a attractive market for foreign PET producers. while China only imports a small quantity of PET. infiltration-resistance and radiation-resistance is still a blank in China. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. China needs to import PET products from foreign countries. Therefore. complicated processing control. During the past two years.500/MT to RMB14. foreign competitors have the advantages in terms of technology. and that of PET and PX was cut down 1% to 9. The price of edible PET materials once roared from RMB 7. these unfavorable factors have limited the wide application of PET in China. according to the commitment of China’s entry into WTO. multilayer compound technology is the mainstream of PET obstructive packaging technology. 000MTs/year. it’s estimated that the production quantity of this kind of products will increase at a high speed. high production cost and environmental pollution caused by recycling difficulties.
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. It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. 24 .product to increase sharply. In addition.
In 2005. shortage of raw material as well as capital problem.3 Capital Shortage 25 .15 million MTs. domestic supply of raw materials is far to reach the demand.1 Technical Difficulty Technology is a key factor influencing production. or the performance-improved PET materials bring difficulties for the recycling of bottles. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity.5 million MTs and 3. II-3. or the improvement degree is not enough. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. Although there are some new or ongoing projects of PTA and EG. Technology for PET production is still in the process of research and development. It directly increases the production cost of PET.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. while the output of PTA and EG will be 3. mainly including technical difficulty. Therefore. Advanced technology can improve production output and reduce production cost. it still cannot supply enough PTA and EG for PET production. while as of now none of them was really accepted by PET users. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry. Chinese manufactures have to import raw materials from abroad. and the production capacity of these two materials will increase a lot in recent years. beer and wine industry. especially the PET bottle manufacturers of beverage and beer industries in China.II-3 PET Production Difficulties In China. II-3. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. II-3.12 million MTs respectively. the shortage of raw materials will still be a serious problem in Chinese PET production. there are some difficulties of PET production. the gas-resistance performance is a technical problem remaining unsolved at present. Therefore. China’s total demand of PTA and EG in PET production will be 11. However.74 million MTs and 1.
It needs large capital investment in every production sector. Some PET manufacturers in China stopped some of its production lines for capital shortage. 26 .PET is a capital-intensive and technologic intensive product. Capital problem is another serious problem in PET production in China.
1 Distance and Problems Compared to PET production in foreign countries.II-4 Competitiveness of Chinese Production and Supply II-4. Current Chinese polyester industrial chain is serious unbalanced. much more fibre-grade PET will be used to produce polyester filament and staple fibre. China has the biggest beverage. there is a large distance and many problems in Chinese PET production. - - - - - - II-4. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. Chinese government attaches importance to environmental production. especially the environmental protection will be the next barrier to China. The United States and European Union set many handicaps to Chinese chemical fibre export. beer and food production industry in the world. far lower than the 35% average level in the world. mainly depending on polyester fibre with low value-added in domestic and oversea market. Aiming at Chinese chemical fibre market. while non-fibre products only account for 10%. The upstream and downstream products are out of joint. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. The contradiction of product structure is serious.2 Prospect and Opportunities China has the biggest textile industry in the world. - - 27 . China is also one of the biggest manufacturing bases of electronic products in the world. Chinese PET products are inadequate. The demand of domestic chemical fibre has not obtained great breakthrough. Polyester fibre products account for about 90%. 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. which consumes a large volume of fibre grade PET products. Especially after the textile quota was nullified in 2005.
28 .- 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.
the new capacity increment of PTA was bout 1.1 Demand & Supply Situation Because of steady growth of demand. while the production capacity of PX was 2. while the increment of PX was only 450.1 million MTs in China.12 million MTs/year which demanded 2. with the consumption volume accounting for about 85% of total PX consumption. By 2006. the global PX consumption is mainly concentrated in PTA field. 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. most PX in China is used to produce PTA. Since 1990s.8 million MTs. hitting a historic record and increasing 72. thus it is an indirect raw material of PET.1. China needs to import large quantity of PX from abroad every year. China imported. the production capacity and output of PX increase continuously. II-5. According to custom statistics. as Chinese polyester industry grows rapidly. At present. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. On that occasion. In 2003.1 PX PX is a principal material of PTA. II-5. During 2002-2003. the production capacity of PTA in China reached 4. 29 . due to large demand gap. China is the largest import country of raw materials for PET production in the world. the production capacity of PX is predicted to increase 1.II-5 Raw Material Supply Situation At present.50 million MTs. The capacity construction lags far behind the growth of the demand.21 million MTs to 3.4-6. the cost of raw materials accounts for about 75%~80% of the total cost of PET production.000MTs. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007.36 million.6 million MTs. Up to the end of 2005. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5.1% compared to 2000.5 million MTs/year. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2.74 million MTs. the supply gap of PX in China will be up to 1. In China. However. It is predicted that the gap between PX demand and output will widen further. The supply of PX produces much influence on PET production.
announced to stop its PX facilities in Jamnagar in Oct. - Even in sometime. a PX giant in the world. II-5. while the import price of PX kept rising during this period. It shows that domestic price of PX was relatively stable since Jan.1. Indian Reliance Industries Limited (RIL). 30 . which will probably result in regional tense supply. huge PTA demand caused the PTA shortage problem. RIL’s total capacity of PX is 1. and no new PX installations were put into production. Many PX facilities. The reasons for the price increment lie in that on the one hand. 2004.- Many new PET facilities were put into production in the past years. thus the PX supply situation becomes more tensional.2 Pricing of PX The following table describes the price information since Jan. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. regardless to the claims form downstream buyers. on the other hand. 2004. 2005 for about 40 days. the price of international crude oil keeps on increasing. especially facilities in South Korea. are under checking and fixing.35 million MTs/year.
000 980 II-5. 31 . USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1.1 Supply of PTA in China In 2004.630 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. RMB/MT 9.800 9.625 9.720 9.750 7. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.650 9.820 9.600 9.750 9. China needed to import large quantity of PX from abroad.2-1 Pricing of PX since Jan.500 9.500 9.500 9.300 9.450 9.1.6 million MTs.536 9.2 PTA II-5. CIF MCP. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.830 9. the output of PTA in China was 3.500 Import Price.5 million. while the consumption of PX by PET was 10.2. Therefore.640 9.700 9.Table II-5.800 9.350 9.
but about 60% of domestic PTA demand depends on importing from other countries. Ltd. Chinese PTA market will keep on increasing. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year. Ltd..2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China.. 9 Xiamen Xianglu Group Co. Ltd. Ltd.. Xinjiang Jinan.. Fujian Shaoxing.2..000 450. 32 .000 350. The following table shows the consumption volume in PET production in China and its growth rate in past ten years. PTA has maintained a stable consumption rate during the past ten years. Ltd. Zhejiang 5 Ningpo Dupont Co. Guangdong Urumchi. The consumption of PTA in China’s market has accounted for 30% of the global consumption.. Jiangsu Liaoyang.000 980.000 400.000 1 Sinopec Yangtze Petrochemical Co. Henan Zhuhai.. 15 Petro China Urumchi Petrochemical Co. Ltd. PTA import. Ltd.2.. Ltd. As the raw materials for PET production.000 3.000 75. 6 Mitsubish Chemical (Ningbo) Co.000 500. Total Ningbo.Table II-5.000 350.0000 530. Manufacturers Location Nanjing.. Ltd.000 500. 11 Sinopec Shanghai Petrochemical Co. 14 BP Amoco Zhuhai Chemical Co. 7 Far Eastern Industrial (Shanghai) Co. Zhejiang Ningbo. Zhejiang Shanghai Tianjin Luoyang....850. MTs/year 1. 2 Petro China Liaoyang Petrochemical Co.... 12 Sinopec Tianjin Petrochemical Co.000 450. 16 Jinan Chemical Fibre Group Co. 3 Sinopec Yizheng Chemical Fibre Co. 13 Sinopec Luoyang Petrochemical Co. Ltd. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. Ltd. Liaoning Yizheng.. Zhejiang Shanghai Shanghai Xiamen.000 75. Ltd.000 900. Hangzhou. Shandong II-5.000 530. Jiangsu Capacity. 8 Mitsui Chemical (Shanghai) Co. Ltd. Ltd.000 350. Ltd.1-1 Major Chinese PTA manufacturers No. Ltd.000 60.000. 10 Shaoxing Zhanwang Group Co. 4 Zhejiang Hualian Sunshine Petrochemical Co.
850 8.300 9.750 8.000 4.040 8.69% 9.536.300 8.775 9.260 Import Price. CIF MCP.960 8.120.000 5. RMB/MT 8.2-2 PTA Price during Jan.405.830 8.110.000 8.000 8.000 9.740 8. MTs 4.000 6.25% 8.860.000 5.525 8.424.030 970 965 1.90% 9. 700/MT. The average domestic price stood at about RMB8.000 7.29% 13.560 8.167 7.95% 9.24% 10. 2004 to Sep.200 8. and average import price was USD890/MT.000 10.99% 9.15% Growth rate The following table shows the price information of PTA during Jan. 2004 to Sep.000 11.Table II-5.020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 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.150 9. Table II-5.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.515. 2005 in China.900 8.2.900.200 9. 33 .2.100 8.20% 9.000 9.730 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.795 8.653. USD/MT 1.
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.
300 308.700 1.200 566.600 199.038 882.100 969.600 1.300 3.100 1.182.083 1.500 906.034 389.000 Volume 205.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.402.587.957.530.000 Production 550.400 230.700 2.3.418 127.676 2.000 Volume 4.901.127 2.100 2.173 489.400 749.900 788.482 660.800 907.700 1.200 100 200 2.900 1.300 31.000 Consumption 656.900 3.516.005.597.600 5.537 228.900 23.844 581.300 1.600 1.019.013.000 2.050.052.062 170.049.400 35.966 2.517 317.145.Table II-5.224 560.100 558.700 843.900 707.737 143.500 807.000 23.094 Import Export Apparent Consumption by PET Consumption by other 35 .410.156 3.100 2.763 740.639.163 1.000 3.572.906 Production 106.500 883.462.
100 890 775 800 855 880 945 36 .960 9.085 1.030 970 1.800 10.200 10. 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.750 9.860 9.110 1.500 9.3.070 1.020 980 990 1. 2005 in China. 2004 to Sep.300 9.890 10.2-2 EG Price during Jan.500 10.The following table shows the price information of EG during Jan.960 9. Table II-5.300 9.930 9.900 10.850 11.050 1. RMB/MT 9.790 10. 2004 to Sep.065 1.960 10.870 9.500 Import Price. USD/MT 1.060 950 985 995 1.200 9.980 9.600 10. CIF MCP.
At present. Terylene fibre industry approached the edge of deficient. and China only imports a few of PET from aboard. PET recycling becomes the big problem since the production and consumption volume of PET has become very big. PET capacity in China had expanded 15 times. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. PET manufacturers and users are optimistic to the future PET consumption market.6%. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. With the rapid development of China’s economy. purified water. the output and apparent consumption volume of PET in China grew at a double-digit rate. PET bottles’ wide application will continue to drive the development of PET consumption. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. PET has become one of the most important petrochemical products in China. 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. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. tea drinks and sports drinks are made of PET materials. PET growth rate has maintained a high level for over ten years. During the past ten years.II-6 Historic PET Market Development PET industry was started in China in 1987. 37 . The average growth rate is 36. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. The global PET development speed is dropping. the growth rate of packaging resin grade. the output of PET in China can basically meet the domestic demand. especially in China. thus the production volume of PET in China has also increased at a rapid speed. In China. from 1995 to 2004. which in Asia. which is six times to the average speed in the world. far higher than the global average growth rate. Before 2004. China has gradually become the biggest market for bottle grade and packaging resin grade PET. or bottle grade PET is the fastest. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. In China. the average growth rate of output volume speed is 104%.
600 167. 39076090: Other primary PET.377. the import volume increased 36%.297 2.500 230.396 342.671. USD 855 795 717 856 1083 Export Average Unit II-7.864 223. 39076019: Other PET chips. Comparing the import in 2003 and 2004.131 477. 39076090 39076011: High viscosity PET chips.400 6.339 351.589. the value went up 48% and the unit price rose 9%.1 PET Import Information in China The import volume and value of PET products in China increased year by year. USD 628 1.579 Average Unit Volume Value.179 318.238 265.279.124 Price.028 8057 95072. 39076019 and 39076090. The following table lists the import and export information of PET in China in terms of volume.669 169.835 183. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume. 39076011.967 123.425. Value.418. USD Price. Explanation: HS Code 39076011. 39076019.195 630 657 718 3. USD MTs 2000 2001 2002 2003 2004 506.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes. 38 . The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.151.404.300 147.600 68144800 191. value as well as unit price from 2000 to 2004.262.
728 1.234 39076090 6.993 9.143.544 13.009 19.661.481 1.350 6.471 6.869 1.457.736.796 27.973 25.755 10. USD 179.729 116.488.773.589.104.504 18.043.266 15.302 1.121 15.954.878 Total 22.547 5.603 7.535 39076011 1.884 8.445 2.860 26.431.202.954 14.661.333 2.356 22.072 9.570.297.958.466 15.162 20.985 93.961.261 5.362.676.131 20.846 21.716 1.Table II-7.359.571 39076019 14.532 15.865 1.235.366.165 1.748.276 12.509 626 1.1.532.467 5.175 2.720 1.834.950 20.591 28.291 17.338.849 20.877 18.910 13.082 17.350 19.037 13.443 11.868 5.683 Value.245 28.986 33.766.751 4.165 25.005 1.406.634 667.267 7.327 13.770.248 2.198 19.701.988 5.830 1.294 8.724 37.360 18.942 6.111 18.508 1.678.842.396 39 .1 Import volume and value in 2003 Volume.264.444 8.779 8.270.344 2.682 230.037 10.451 11.723 6.164 152.458.581 13.577 39076019 39076090 22.946 17.845.299 4.440 2.339 16.320 7.008.457.709 6.500.976.956.859.361 Total 37.944 9.115 2.293. 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 1.997.898 31.993.778.882 7.668 1.253 12.314 16.860 17.227 351.873 14.141.671.016.814.053.906 40.
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
504 205.331 10. Taiwan.201.761 1.823 2.046. Korea Rep and United States are the major import origins of PET for China.376 23.930 12.248 10.661 124.856 7.104 736 2.949.335 4.389 2.415.851 4.115 1.483 2.018 694.201 32.042 6.418.313 5.503.864 7.505 2.525 814 1.342 8.352 345.131.394 2.297 39076011 13.442 810.335 136.568 788 847 1.3-1 Import origins in 2003 under HS Code 39076011 No.259 2.860 35.087 746.584 153 51 817 1.008 1.Table II-7.513 6.430.508 4.935 2.706 Value.589 3.056.638 2.125 14.287.377 9.812 19.938 17.485 20.880.676 37.412 7.060. USD 657.315.971.989 41 .464 4.233 4.205 9.524 1.875 2.236 157 209 117 21 9.617 10.971 285.923 64.285.152.556.445.692 Total 18.176.248. USD 10.235 10.590 II-7.598.843 12.883 1.612 39076019 39076090 Total 16.053.395.463.593. Table II-7.996.246 114.110 3.011 8.254 5.484 186 19.905 7.083 2. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.272.292.922 9.769 11.572 183.035 28.2 Export volume and value of PET in 2004 Volume.003 9.073 9.171 2.888 20.635.695 41.221.579 748.523 3.530.407 2. 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 15.114 8.655 Value.126.377 8.063 3.561 283.910 33.413.332 41.968.057.390.294 2.571 3.988 126.96.36.1998 2.030 9.239.646.731 1.543 39076019 39076090 831 1.218 198.565. Japan.575 1.490 52.055 759.767.928 7.429.208 2.982. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.395 5.541 169.3 Import Origins According to import records in recent years.120 2.786. MTs 10.000.719.
193 2.Table II-7.212.535 107.778.334 1. MTs 93.341.776 5.985 42 .434 43.981 58.228.774 9.3-2 Import origins in 2003 under HS Code 39076019 No.254 23.099 127.198.263 548.729 1.187 29.112 896 740 739 288 249 214 178 145 114 100 234 152.770.019 171.582 9.019 984.821 17.954 116.519 1. 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.284 152.054 58. USD 64.220 531.235.327 Value.245 413.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.490 1.084 511.043 1.410 85.
MTs 29.255 2.995 1.087.3-3 Import origins in 2003 under HS Code 39076090 No.980 1.565.317.085 2.622.647 5.863 2.948.369.064 12.280 838.041 80.504 2.318 17.711 624.016 895.725 625.016 2.979 779.209 8.892 Value.896 784.641 314.488 1.496 4.983 1.980 615.679.511.996 1.673 1.587 4.817 732.959 2.081 160.423 516.496 6. USD 17.193 1.Table II-7.473 1.987 6.347 22.849.309 43 .587.537.128 2.059 1.954 5.148 21.397 6.034 5. 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.449.902 24.
573.963 5.224 1.673 893.988.731.380 580.509 90. USD 9.341.068 7.306 692 282 203 200 117 65 56 45 13 14. 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.195 2.463 Value.654.926 16.948.391 33.565 62.356 216.495 12.483 4. MTs 94.536 74.294 649 533 338 263 169 146 134 129 432 164.788 36.658 3.083 228.710 220. USD 91.606 758.375 4.123 4.187.3-4 Import origins in 2004 under HS Code 39076011 No.731.730 20.726 346.466.669 11.385 44 .139 197.539 1. 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.063 38.392.751 348.3-5 Import origins in 2004 under HS Code 39076019 No.532.304. MTs 8.745 Table II-7.680 1.506 334.871 24.376 Value.809 163.230 90.189 455.148 8.Table II-7.742 1.
062 3.833 3.187.960 11.120 2.951.859 161.956 1.931 814.911.882 11.3-6 Import origins in 2004 under HS Code 39076090 No.290.154 2.658 1.720 2.371 3.242. 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.804 3.428.922 2.355 29.214 Value.380 15.818 4.228 1.434 3.056.067.422 7.326 10.268 8.709.126.138 28.011.860.641 1.361 5.781.694 1.261.264 4.787.243 2.632.172 12.022 1.041.334 18.822 684.730.788 792.081. MTs 39.859.942 2.455 4.764 5.438 11.118 297.110 2.743 827.594 4.490.492.550 1.757 5.853.420 12.191 2.046 12.788.565 10.931.111 7.966 8.117.236 1. USD 25.467.787 1.815 1.209 2.931 45 .955 3.688 4.585 6.Table II-7.140 4.082 4.209 10.323 3.048.380 507.949 22.859.302 17.340 2.089 1.109 673.888 1.770 3.
000 941.000 2.668 1.965.636 2. USD 60. 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.691.000 1. MTs 49. the top export destination of PET for China are Italy. Table II-7. Poland and Germany.000 841.361 1.239 46 .145.000 1.000 862.000 3.750 2.501 2.150 4.000 287.500 12.696.990 1.700 3.000 352.432.029.362.000 990. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.000 230.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.074.000 294.360.208.855 4.409 14.920 6.250 580.000 300. Kazakstan.000 1.000 598. Belgium.618 Value.518.754 3.II-7.983 12.4 Export Destinations According to the export records in recent years. Turkey.4-1 Export volume and value in 2003 under HS Code 39076011 No.469 120.140.996 662.024.758 1.794 11.650 160.445 645.
MTs 26.655.246.000 3.825.900 1.000 294.044 2.143 70.000 120.000 3.451 1.269 145.745 9.Table II-7. USD 31.714.200 1.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.000 1.100 145.251.000 8.554 300.000 689.540 7.232.698 47 .000 210.462.141 Value.127.000 504. 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.000 171.896 156.176.000 486.111 11.000 345.982 2.000 3.4-2 Export volume and value in 2003 under HS Code 39076019 No.903 2.000.525 1.208.
000.000 1.120 240.Table II-7.000 60.119.740.000 400.000 3. USD 4.540 261.040.460.494 1.000 823.601 2.558 2. 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.000 200.4-3 Export volume and value in 2003 under HS Code 39076090 No.000 4.000 125.270 240.210 864 380 289 228 199 194 189 186 152 126 315 30.000 93.050 1.000 3.591 2.886.290 3.613 2.854 2.734 1.300.000 2.007 Value.568.372.625 3.605 3. MTs 3.600 1.957.040 237.276 48 .306 31.010 3.050 109.540.
008 1.219 6.418 2.014 1.795.289 3.015 79.859 8.130.254 5.000 5.4-4 Export volume and value in 2004 under HS Code 39076011 No.407 6.305.188 1.570 2.189 1.626 4.219.493 2.788 89.045 2.144 3.544.736.486 2.878. MTs 13.257 1.661.666 5.884.033.110 3.101 4.601 7.644 49 .101 1.370.571 3.169 1.423 1.055.518 1.794 3.008 1. USD 15.592.911 3.622. 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.437 2.575 1.272 1.788 Value.642 1.814 1.940.436 3.776 1.Table II-7.408.370 9.775 5.381.203.550.103.725.738.512 1.780 1.935.799 7.
097.272 743.265 2.293 450.533 2.414 2. 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.065 37.516 764.505 740.607 35.535 536.347 1.618.385 1.724 1.580 1.719.098 500.861.262 2.320.086 1.038 4.163 568.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.281 2.028 1.467 614.284 445.188 575.200.Table II-7.049.581 893.780 2.316 464.377 50 .4-5 Export volume and value in 2004 under HS Code 39076019 No.804.063 Value.815.457 2. USD 10.074 920.081 3. MTs 9.737.
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.590 51 .4-6 Export volume and value in 2004 under HS Code 39076090 No.700 2.Table II-7.198 338.285.060 1.467 455 373 210 210 99 75 60 169 9.799 9. MTs 3.808.117 179.162 146. USD 2.276 1.299 3.454 94.187 1.663 169.909 319.342 123.679.330.096.692 Value.
In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. PTA. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. 2008. Toray Saehan Inc. It is a favorable factor for Chinese PET producers as the production cost. Ltd. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co. Table II-8.1 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. 52 . The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table.2 Tariff Adjustment in 2005 In 2005.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.7%. 3.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. 6. Hankook Synthetic Inc. which can reduce the import price for PX. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. PET to 2%. 2. 2003 to Feb. Chinese government lowed down the import tax for PX. II-8. including high viscosity PET chips and other PET chips.5% and 9. PTA and PET by USD5~10/MT. KP Chemical Corporation Huvis Corporation Saehan Industries Inc.
At present. chemical fibre accounts for about 65% of all materials in textile industry in China. the growth rate will slide down gradually. II-9. In past years more than 83% of the total volume of PET was consumed by polyester industry. beer industry. But the development of chemical fibre industry will still be a driving force for PET industry. In future three or four years.2 Packaging Industry PET can be used as packaging in food and beverage industry. beer. The packaging of food and beverage industry is another major use sector of PET. 53 . In 2002. By 2010. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%.1 Textile Industry Currently. However. and fall below 10% after 2008. the average growth rates will stand at 4% and 3%. while in chemical fibre market. respectively. edible oil and can food in past years and the forecast till 2015. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. edible oil and can food. textile industry is a big driving force for PET industry. as the industry develops fast. The development of downstream products guarantees PET consumption and drives PET industry to develop forward.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. During 2010 to 2020. Chinese textile products took 17% of the global market. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. polyester accounts for more than 80%. Polyester is a major downstream product of PET. Bottle-grade PET chips are used to produce bottles for drinks. II-9. it is predicted that Chinese chemical fibre will still keep growing at more than 10%.
550 50.224.17% 25.42% 2.797 17.894.118.69% 35.618.43% 2. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.117 -39.136. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.600 27.07% 1.547.00% 1.630.22% 386.552.684 22.55% 25.484.911 46.345.11% 35.43% 5.299 43.234 30.15% 20.00% 2004 138.180.00% 2.2-1 Consumption and growth rates of four industries Year Consumption Volume.271 22.42% 1.475 17.42% 2005 165.07% 25.Table II-9.22% 2.016.948 -38.07% 2.065 43.65% 35.981 10. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.105.43% 4.83% 17.43% 2015 529.747 17.672 19.71% 20.12% 57.337 26.71% 25. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.00% 493.315 4.996.42% 605.350.169 20.79% 17.69% 20.60% 35.434 17.71% 17.22% 846.84% 20.07% 2010 280.07% 1.60% 57.22% 54 .877.234 23.75% 57.73% 57.06% 17.
000 1.000 98.131 377.530.900 2.648.78% 52.165 2.000 825.000 8.05% 60.128.52% 30.179 20.000 1.950.000 71.73% 34.783 259.605 Output Volume Import Volume Export Volume Consumption 250.000 2.000 11.176.660 5.04% 130.000 3.82% 20.000 1.12% 43. Table II-10-1 Historic and current volume of PET.000 8.500.000 11.556.860 191.823 766.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.500. The following table records the historic and current volume of PET in China.000 390.659.597 169. In 2005.373 139.500.460.500.435 756.000 4.473 870.000 120. which shows that the PET market in China is growing.191.020.000 15.000 2.8%.000 5.860 351.000 5.000 562.000 14.000. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.959.51% Apparent Growth Rate 55 .647.650 136.000 65.000.150.000.350.000 9.000.000 40.000 1.163 55.000 500.180 4.670.000.395 3.348 11. the production capacity of PET in China has accounted for 35% of global total capacity.000 420.000 172.841.762 688.000 4.89% 35.574 100.
300 29. It was a booming period for PET from 1996 to 2004.000.210. bottle grade and film grade.800 23. the growth rate of PET import in China in future years till 2015 will be no more than 16%.000 27.500. In fact. output.000 30. the growth rate of PET output will drop below 10%.000 31.600 17.800 29.605.231.000 311. Such forecast is suitable for the apparent consumption of PET in China as well.213. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.22% Apparent Annual II-11.640 21.240.063. However.000 28.200.39% 8.400 Growth Rate 19. But generally the growth rate in these fields will slide down comparing to the growth rate before.800 15.050.000 28.200 669. In terms of import and export situation of PET in China.000 25.800 794.000 17.444. With respect to the production capacity.07% 21.489.001.400 408. the growth rate will slide down to less than 5% since 2008.000 676.100 13.600 20.43% 9. the current capacity of PET in China has already exceeded about 30% of the demand.000 26.30% 11.650. while that of PET export will not exceed 28%.000 27.634.280 432.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.000 22.193.10% 8.1 Forecast of PET in China till 2015 In the coming years till 2015. while it will cool down in following years.106.81% 0.064.000 654.000 802.000 523.000 29.800 569.820 21.09% 0.667.000 25.54% 8.159.000 25.000 32. the production capacity.600 23.1 Forecast for PET volume to 2015.606.84% 8.960 414.200 32. the situation is similar to the production capacity.000 672.600 324.562. Especially after 2008. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.000 556.000 766. Fibre grade PET is used to produce polyester filament and staple fibre.000 32.400 440.000 15.000 23.000 Output Volume Import Volume Export Volume Consumption 13. output. Table II-11.800.330.000 710. With respect to the output of PET in China.600 480.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.993.200 355.000 7188.8.131.526.000 857.147. The following table is the forecast volume of the production capacity.700 772.964.32% 12. import and export volume as well as the apparent consumption in China will increase year by year.000 27. Bottle grade PET is mainly 56 .000 20.640.124.300 21. fibre grade. import and export as well as the apparent consumption of PET from 2005 to 2015.870.
273 18.64% -11.800 323.744 429.228.29% 6.393 21.229.178. fibre grade PET accounted for the most part of all PET products in China.315.796 16.62% 24.15% 32.415 3.38% 7.51% 10. 57 .486 3.914 3.713.65% 11.879.126.687.85% 6.4% was film grade and the rest 0.11% 5.792 21.232. many PET manufacturers will shift to filmgrade PET production area.587.370 274. 0.98% 42.320 666. The following table shows the forecast volume of PET by each specification till 2015.53% Sectors 65.850.43% 1. edible oil and so on.410.454 192.79% 32.200 18.4% in 2004 to 19.084 Rate 25.530 834.027. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.07% 14.74% -20.351.42% 1.546 Rate -13.991 21.55% 6. and the consumption proportion will improve from 10.27% 23.437 17. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.587.41% 13.248.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.36% 2.222. bottle grade will take up about 20% and film grade will account for about 8% in 2015.853.36% 12.020.541. Table II-11.389 243.86% 1.441 478.174 12. Among all the consumption sectors.43% 10. which with reduce the fibre-grade PET production volume.542 32.47% 13.387.315 243.875.03% 14.959 29.28% 1. This trend will last to 2015.510.804.593 5.41% 25. Film grade PET is used to produce film.343 3.15% 0.3 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 2015.565 17.20% 1.09% 6.878 15. 98% of PET products were fibre grade.46% 30.769 769.16% -1.299 4.13% 7.124 12.131 2.498 6.75% 14.020. over 15% annually.667 626.911.715 20. As the packaging industry and film industry in China developed.723 14. It is estimated that fibre grade PET will account for about 70% of the total PET.501.797 19.283.158. 1.93% 40.381.921 857.37% 736.275.514 23.268 16.22% 2.023 II-11. The demand for PET will reach the saturation.consumed in packaging industry to produce bottles for drinks.7% in 2015.46% 15.960.45% 13. In 1995.1% was used for other products.140 2.740.47% 19.136.468. At the beginning.940 23.600 20.654 19.156.44% 2.522.623.710 22.516 25. the proportion of fibre grade declined year by year.73% 272.5% was bottle grade.152 12.467 Rate 26.145.28% 4.229 17.08% 1.805 27.2-1 Forecast for PET consumption in each end use sectors to 2015.083. the growth rate for bottle-grade PET will be the fastest.105 4.881 1.867 981.
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. Ltd. Ltd.000 500. Zhuhai Biyang Chemical Co.000 800.II-11. Far East Industrial (Shanghai) Co.000 500. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co.4.000 500. 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. including existing ones and potential ones.000 600. 530. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. joint investing.1 Forecast for PTA The demand of PTA in China is expanding. Ltd. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co. Ltd.. The following table is the forecast of PTA consumption in coming years till 2015. Ltd.. PTA supply relates much with PX..4. In near future the PTA manufacturers are estimated to make strategies such as joint purchase.000 600... 58 .000 200. Ltd.. although all the PTA projects. Ltd.000 900.000 600.. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co. Ltd.. there will still exist 3 million MTs of PTA shortages in Mainland China.1-1 Information of PTA projects in China Name Capacity.. Shanghai Petrochemicals Co. Ltd. Ltd. run even to 90% of their capacity.. Ltd.000 600. to cooperate with PX manufacturers to maintain the PX supply chain and PX price..000 600.000 600.000 700.000 600. Mitui Chemicals Zhangjiagang Co. Tenglong Chemical Co.4 Forecast for Raw Materials of PET in China II-11.000 600.000 600.000 500. Zhejiang Tongkun Group Co.000 500. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co.000 600.
China will have a strong demand for EG in the future years.300/MT in the future months. and in China’s market it will be over RMB12.840. apparent consumption.97% II-11. The situation of oversupply will appear.86% 6.31% 7.000 12.4. consumption by PET production as well as consumption in other fields in China.52% 12.000 Growth Rate 9.000 13.8 million MTs/year and 14.630.01% 5.000 17.15% 8.000 20. 200/MT.000 21.24% 6.16 million MTs/year in 2007. MTs 11. import.4.21% 6.02% 7.000 18. Asia especially China will be the most important EG consumer in the future years.000 22.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.5 million MTs/year and 16.440.960.30% 5.35% 4. 59 . 500~1. and mass import will be necessary.2 million MTs/year in the world.980.270. the competition will be very intense.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15.480.000 16. export.540. The following table is the forecast of EG in future years till 2015 in terms of its output.000 15. The international price for EG will be over USD1.500.760.Table II-11. The domestic production capacity cannot meet the increasing demand.010. And it’s estimated that the two figures will exceed 22.000 14. And more foreign EG products will flow into Chinese market.
273.000 3.68% 6.000 3.116.000 32.419.499.453.000 2.720.157.928.152.128.000 1.000 3.413 3.338.000 30.000 3.000 1.854 762.250 6.2-1 Forecast of EG in China till 2015.27% 3.600.063.881.719.27% 4.060 952.Table II-11.57% 7.320 Consumption Growth Rate 3.860.21% PET Production 3.000 3.000 1.321.770.999 877.400 4.087 692.244.000 Volume 2.140 5.340.000 2.430 184.108.40.2066 728.444 3.948 912.500 31.89% 4.39% 3.100 4.314.834 Other Fields 602.578.000 2.674.500 4.467.000 1.682 833.965.246 3.630.4. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.77% 5.141 4.000 Volume 28.000.488 5.680 3.707.800 4.600 32.321.963.541.846 Import Export Apparent Annual Consumption by Consumption in 60 .000 34.135.570 34.000 2.587.944.581.000 5.000 3.83% 5.000 3.273.750 35.506.000 2.147.482 4.801 4.763 992.940 4.599 803.900 31.478 642.000 1.717.200 30.000 3.000 5.000 1.860 33.522 3.46% 4.318 4.490.000 2.63% 5.000 3.961.750.
43% 1.79% 52.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.63% 88.890 45. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.500 22.365 19.06% 3. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.250 11.319 582.21% 41.250 11.633 1.071.423 63.668.112 75.579 The following table is the end use structure of PET in China in 2004.526 4.58% 201.00% 35.883 126. % 84% 10% 5% 1% Typical End Uses Terylene material.99% 27.18% -44.038 500.11% 57.659.193.649.217.63% 43.12% 199. Table III-1-1 Consumption of PET in each end use sectors.74% 61. the total PET consumption expanded over 40 times.150 411.962 95.883 126.800 1.200 124.686.283 3.67% 100.788 17.173 1.000 478.85% 92.579 17.46% -1.788 17. beer.85% 15.69% 62. 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.48% Rate 250.59% Growth Resin Growth Grade Rate 250 1.840 3.604.332.148 5.417 2.736 9.379 225.675.00% 1.20% 124.458 4.45% 48.792.450 7.00% 253.43% 29.67% 97.09% 33.508 255.180.451 360.709 400.943 25. The following table records the consumption volume of PET in each end use sectors in past ten years.515 25.250 3.456 177.842.783.217.423 63.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.00% 176.094 66. edible oil and others Tape films Engineering plastic 61 .94% 46.670 8.00% 266.42% Rate 1.451 33.377.150.58% 57.47% 169.335 7.904 2.822. industrial fibre Bottles or pails for beverage. the consumption proportion is reducing.507 2.00% 113.35% Grade 3.000 3.00% 42.860 39.250 1. Although chemical fibre is still the biggest user of PET.
Light weight.III-2 Key Factors Influencing the Mass Consumption of PET III-2. PET fibre production accounts for about 85% total PET consumption in China every year. especially in daily-use chemical field. PET fibre accounts for 65%. . III-2. which limits the widely using of PET bottles. . .Lower cost.Easy to be recycled.1 The Excellent Performance of PET Materials PET materials have many excellent performances.2 Technical Factors As China has not obtained many technologic breakthroughs.Soft. sales. Of all the textile raw materials in China. . . Compared to other materials in packaging industry.Smaller energy consumption.Smaller occupancy of space. . such as the gas-resistance performance. some technologic bottlenecks remain unsolved. The worse gas-resistance performance requirement from beverage and beer industries has not been improved. .Safer.Easy to make into various shapes and packing specifications. Meanwhile.Easy for transport. products produced with PET material are more and more popular for following excellent performances: . . The production. . worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. export and consumption of textile production will all produce an impact on the consumption of PET in China. 62 . not bombing and hurting people.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy.Not easy to be broken. III-2.
4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry.857 3.4.321 2.76% 16.550 578.691.14% 23.062 255.44% PET Consumption.008.948.81% 86.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.622.130.861 182.184.688 368.884. III-2.96% 27.85% 34.466. 63 .17% 3.59% 48.587.379 119. edible oil industry.234.79% 21.102 2.000 2. The following table lists the consumption volume of beverage.887 1.424 48.917 111.000MTs in 1995 to about 150.570 26.280.30% 39. 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.96% 17.828 140.838 1.232.1-1 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 585.72% 59. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.929 33.92% 277.358. Table III-2.564 207.405 453.902.064.080 76.410 2.4.438 11.251.072 1.853. can food industry and beer industry.814.35% 11.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.062 390. MTs Annual Growth Rate III-2.201 4.163 396.559.119.503.82% 24.679 10.82% 11.141 235.000MTs in 2000 and around 1 million MTs in 2005.387.900.606 348.307 19.4. The consumption volume rose from more than 2.707.742 523.623 152.892 2.591 980.308.213 41.113 81.76% 15.25% 58.533 2.159 1.456.618 783.642 167.13% 43.602 286.241.942.III-2.52% -4.320 304.540.459 226.467.
The following table lists the consumption volume of edible oil.23% 35.874.414 1.000 685.49% 12.107.331 39.4.916 24.737.92% 19.864 436.608 615.279 46.4.980 4.33% 12.198.320.544.The following table lists the consumption volume of edible oil.833.911 585.179 72.027.259 6.872 29.936 182.26% 142.032 307.852 61.249 311.50% 37.91% 25.2-1 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 225.734.591 701.773 726.745 36.070 107. MTs Growth Rate III-2.140.035 66.087 22.004 1.74% 25.443 916.540 107.111.44% 41.058 9.223 750 3.870.562 14.73% 224.123 350.787 64.832 73.330.80% 18.937.84% 3.77% 24.96% 54.051. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.658 248.275 90. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.879.24% 69.95% 67.61% PET Consumption. Table III-2.415 81.38% 20.154 48.546 5.946.302 9.138 1.07% -4.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.231 815.091 37.781. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.641. 64 .28% 12.659 128.791.313.
67% 12.15% 30.203 24.936 179.760.10% 18.92% 139.06% 3. The following table lists the consumption volume of beer.4 Beer Industry As a packaging resin.282 50.88% 22.176.72% 58.744.189 11.052.720.970 5.38% 48.937 213 792 2. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.776.921 85.474.18% -5.62% PET Consumption.37% 26.660.096.154 16.138 272.575.598 78.83% 37.236 23.08% 8.786 26.931.666 19.48% 55.Table III-2.92% 12.832 52.347 146.224.447 228.286 202.040 6.771.47% 203.068 67.618 45.95% 24.914 52.660 285.938 11.797 154.596.170 220.127.116.113 30.722.269.000 6.544 350.3-1 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 4.537 107.045.108 30.489 95. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015. MTs Growth Rate III-2.062 30.02% 43.191 9.406 5.822 104. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.38% 26.761 8. 65 .4.695 21.796.52% 65.222 4.180.618.476 172. PET is well received by beer industry.570 62.
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.
86% 37.350 42.525 210. MTs 199 593 2.Table II-2.800 8.079 186.728 17.42% -5.49% 342.16% 50.128 198.938 32.358 135.009 57.4.890 78.03% 34.99% 13.16% 7.95% 80.35% 29.5-1 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.12% 17.257 142.623 5.797 264.645 99.070 159.200 165.06% Growth Rate 67 .53% 26.01% 25.69% 12.86% 3.77% 52.34% 23.208 325.62% 121.776 72.90% 26.702 11.21% 43.
000 10.822.000 2.700.000 3.930.335 7.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .458 4.000 6.000 5.380.800 1.79% 52.59% 83.330.430.97% 84.200.950.860.000 5.000 6.000 4.000 6.170.300.000 11.050.000 Volume of Terylene Polyester Staple Volume Fibre 1.920.15% 91.000 5.507 2.09% 33.440.470.000 3.800.000 6.62% 93.54% 89.000 478.792.74% 87.000 2.000 5.000 7.000 3.950.250.000 3.904 2.750.20% 124.310.000 9.686.06% 33.580.23% 84.620.000 2.180.44% 86.332.283 3.91% 245. The following table records the information of terylene production and PET consumption in this industry in past years in China.250 1.250.610.000 4.000 4.11% 57.960.990.000 4.560.000 Consumption 97. Terylene accounts for 80% market shares of chemical fibre products.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.000.530.910.99% 95.000 8.000 9.35% 41.000 7.962 95. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.736 9.377. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.604.071.783.00% 17.43% 29.000 2.000 8.
00% 253.150 411. 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.59% Growth Rate 69 . Table III-4-1Historic consumption of film-grade PET in China.508 255.85% 92.456 177. light-sensitive materials. which can be processed to packaging materials. Packaging materials takes a large proportion in PET film.250 11.000 3.500 22.319 582. tapes and other products.094 66. insulation materials.63% 43. The following chart is the consumption structure of PET film in China at present.74% 61. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.379 225.63% 88.200 124.21% 41.12% 199.00% 42. followed by insulation materials and light-sensitive materials.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET).
618 793.728 17.058 9.176 5.916 24.763 85.751 567. PET bottles are the most widely used plastic bottles for juice beverage. can food.787 64.438 12.350 42.936 182.938 11.540 107.761 8. edible oil.623 156.334 10.199 184.216 40. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.365 Consumption Consumption for others 199 593 2.570 62.406 5.702 11.459 232.113 45. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.750 17. The following table is the consumption volume of PET in each packaging sectors including beverage.009 57.036 234.740 31.666 19.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.258 17.279 46.205.249 Can Food 213 792 2. teas and sport drinks packaging.938 32.688 370.552 348.250 125.620 8.800 8.000 890.550 588. beer as well as other fields.658 248.623 5.618 45. purified water.524 70 .229 55.091 37.179 122.598 for Beer 189 868 3. Table III-5-1 Consumption of PET in each packaging sectors.III-5 Consumption in Packaging Resin PET can also be used to produce bottles.250 63.333 30.776 3.181 1.
Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. Only a few factories in China try to produce some products to replace import materials. stator and rotor on electromotor. only accounting for about 0. vanes. pump shell. pedestal. PET chips can be made into engineering plastic as well.5% of total PET consumption volume. relay. PET engineering plastic is widely applied in automobile. engine covers. motor frame. Household electric appliances: coil former in transformers on microwave ovens.III-6 Consumption in Other Fields At present. electronic and computer materials. windshield wipers. panels. structures & computer shells. Mechanical products: gear wheels. the overall consumption volume of PET in other fields is not large. frames. print circuit board. brackets. and handles. construction materials and decorating industries. just a common blasting drying equipment and the mould temperature is within 70~90℃. chair handles. The requirements for processing conditions are also simple. The industrial level of engineering plastic in China is very low. inlet retainers. trundles. The production cost is low. The comprehensive performance of this kind of engineering plastic is very excellent. 71 . and switches. fan propeller frame. household electric appliances. panel. and large-scale industrial production of engineering plastic has not been realized so far. electronic socket connector. Furniture: pedestal. motor cabinet. Automobile products: carriers. sensors. structures on OA equipments. instruments materials.
Zhejiang Yuandong Chemical Fibre Group Co.000 6. The following tables list the top end users in each end use section in China. Capacity for PET Film.000 300. Jiangsu Province and Guangdong Province.. Ltd.. Ltd. is the largest filmgrade PET end user for its 14.000 In China. Zhuhai Zhongfu Industrial Co.. Tianjin Kodak Light Sensitive Material Co. is the largest bottle-grade PET consumer. Ltd.. Ltd.. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co. Shanghai Zijiang Enterprise Co. Ltd.. Zhejiang Hengyi Group Co.. Ltd. 1 2 3 4 5 6 English Name DuPont Teijin Films Co. Capacity. 1 2 English Name Zhuhai Zhongfu Industrial Co. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. Ltd.. Ltd. Xiamen Xianglu Chemical Fibre Co. Ltd.. Ltd. Shantou SOE First Polyester Film Co.. is the largest fibre-grade PET end user as it has 781. Yizheng Chemical Fibre Co.000 200. Ltd.000 5... especially BOPET. The following table shows the consumption structure of PET by areas. PET is mainly consumed in Zhejiang Province.000 300.000 3.III-7 Summary of Major End Users In China...000 160.000 6.000 180. and DuPont Teijin Films Co. Ltd.000 Table III-7-2 The largest two end users of bottle-grade PET in China No.000 3.000 150. MTs/year 14.000 350. Ltd. Zhejiang Tongkun Chemical Fibre Group Co. Ltd.000MTs/year production capacity of PET film. 72 .. Terylene Capacity. Ltd. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co. Table III-7-1 Top 11 end users of fibre-grade PET in China No.000MTs/year production capacity of terylene. Ltd.000 280..000 400. Zhejiang Cifu Group Co. MTs/year 781.000 260.
32% 3.63% 3.51% 29.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 28.74% 5.01% 73 .63% 1.75% 12.97% 3.21% 31.95% 10.96% 2.83% Percentage of Total in 2003 33.78% 1.12% 1.70% 2.90% 0.
000 17. If 5% of total beer was packed with PET bottles.30% 11.09% 6.900.62% 79.000 12.28% Volume.000 5.000 9. 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.250. 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 13.130.000 14.200 18. Staple Fibre.950.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.10% 72.850.710 22.500.000 8.29% 6. The fibre grade consumption will increase with an average annual speed of 7.000 14.000 5. 74 .030. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.000 6.38% 82.90% 75.000 16.000 8.15% 0.152 12.797 19.20% 76.000 19.000 9.273 10.000 5.796 16.60% 78.11% 5.804.700. and the content for every PET bottle is 500ml.310.000 18. and the output volume of polyester staple fibre will increase with an average annual speed of 7.145. It’s forecasted that from 2005 to 2015.000 6.268 16.000 83.16% -1.853.25% 70.750.090.500.000 16.13% 7.650.250.05% 81. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China. But PET supply for polyester staple fibre production relates much to import PET.21%.200.000 4.47% 19.530.850.000 8.393 21. The manufacturers especially the middle and small manufacturers can feel this pressure.950.587.000 15.000 11.51% 10.178.470. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.437 17.000.875.550.300.410. the output volume of polyester will increase with an average annual speed of 4.000 10.85% 79.000 8.541. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015. Therefore.000 8.000 9.230.083.67%. Chinese market of PET beer bottle has great potential.840.040.020.50% 74.950.45%.060.000 7.000 10.000 7.000 19.715 20.030.000 6.700. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles.560. Now in China the competition in beer industry is very intense and profit is smaller and smaller.250.180. So in order to keep the profit margin.723 14. the demand volume for PET beer bottles in China per year will be over two billion.600.900.000 10.55% 6.
75 .As anticipated. packaging industry and film industry. the industries of downstream products. will develop in the future years and they will definetely boost the PET industry. including chemical fibre industry.
raw material shortage and other factors. the price of PET in China increased a lot in the past and will keep an upward trend in future years. 76 . 2005. IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. 2003 to Aug.Part IV Price Trends Due to the international crude oil hike.
530 8.520 8.815 8.290 9.145 7.430 10.520 11.510 11.515 9.380 9.350 12.320 Thin film grade.855 9.855 8.985 9.835 7.860 11.755 8.660 12.240 8.465 8.950 10.450 11.420 8.055 9.550 10.340 8.350 11.660 13.300 8.325 8.650 13.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.865 9.735 8.825 11.450 11.335 8.690 11.450 10.650 8.455 8.135 8.770 12.230 8.455 9.620 8.480 8.355 9.760 11.880 8.320 9. RMB/MT 8.285 9. RMB/MT 8.725 9.550 11.880 11.795 11.250 11.820 11.810 8.450 9.255 8.930 12.560 11.955 10.685 10.935 8.255 11.060 8.680 9.830 8.560 8.525 8.550 11.855 9.210 8.720 8.890 11.125 8.815 8.995 9. RMB/MT 8.660 8.350 77 .780 8.895 7.050 11.850 11.720 11.310 8.550 11.350 10.960 8.440 8.300 12.410 9.560 8.950 Package resin grade.
thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. The cost of PET bottle. bottles. supply of raw materials. 500/MT to RMB14. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. With the markup of petroleum and chemicals prices. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. they have to face the hardship.IV-2 Factors Resulting in Price Changes In general. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. the factors resulting in price changes mainly include the price of crude oil. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. Chinese beverage manufacturers are very concerned about the price of PET. and the PET price is one of the key factors that decide the profit. and the industrial profit might reduce 20% in fiscal year 2004. Therefore. the business of domestic packaging service suppliers is very good even though the PET price rose. the unit price for PET material in China also went up from RMB7. The unit price for PET was 30% higher than that in the same time in 2003.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. bottle caps and film labels made from food grade PET material. only the large-scaled manufacturers installed the bottle-blowing equipments. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. In Chinese beverage industry. 500~8. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. demand from downstream industries as well as transportation cost. PET accounts for about 50% of total production cost of beverage products. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. IV-2. 000/MT.000/MT to the peak of RMB14. 000/MT. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. but for the middle and small manufacturers. And only these equipments are in 78 . On the contrary. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. Because the draught and bottled purified water are all packed with pails. For the big manufacturers. they can reduce the pressure from cost markup by purchasing PET with big volume.
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.
000 60. Ltd.80 1.72 0.589.793 1.000 524.500 203. Shenzhen Baoan Foreign Economic Development Co..000 139.650 33. 39076019 and 39076090 in 2003 and 2004. Chenghai Huaxiang Plastics Co. Ltd. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co.380 407.000 2.82 2.94 0.000 475.635 200.200 29. Ningbo Century Huan Yu Imp & Exp Co.82 1.73 0.800 61.200 60.000 17. Ltd.91 3.90 0.000 35.C Ltd. Zhejiang Grand Import And Export Co. Ltd Shanghai S.340. Ltd. USD Price. China Liaohua United Foreign Trade Co.91 2.953 189.80 1..940 85.08 1.356 53.. Ltd.489 256.000 23..000 85.862 Value.. Dongguan Arts & Crafts Imp.000 78.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. Shanghai Chemical Industry Supply & Sales Co. Ltd.94 2.035 89.50 0.062 1. Ltd.000 100. Ltd. Ltd.400 17.849 32. Shanghai Heshibi Chemicals Co.322 91.400 41. Ltd.292 178.45 1..40 0. Xiamen Zhongtian Plastic Co.000 445.208 114.777 151.. Shanghai Huili Tage Board Co..000 120.68 3. Wujiang He Cheng Trade Co..00 0.218 431.222 2.. Fuzhou Dong Li Cosmetics Co. Ltd.000 2.913 2. Zhuhai Zhongfu Polyester Beer Glass Co. Volume. Ltd.. Jingyuan (Nantong) Chemical Fiber Product Co. Ltd.000 20.000 92. Ltd.400 2.. Xinhui City Jiaxun Electronic Trade Co.760.489. Ltd.375 16.. Rexam Der Kwei Industrial (Shanghai) Co...80 0. Ltd.000 34. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No. & Exp.155 108. by volume and value. Ltd.000 36.000 100..600 275.000 27.000 64.53 0.89 80 . Ltd.78 0. Ltd.150.400 226..39 6.000 240.590. Ltd.000 174. Tengxing Industry Co.77 0. Guangzhou Duolilong Chemical Fibre Co.468 600.91 2..96 0. Shenzhen City Ding Tai Technologies Co.. Ltd. Ltd. Ltd.68 0.950 32.71 1.500 40. Ltd.141. Ltd.80 0.60 1.. Honeywell (Kaiping) Industrial Polymers Co.366.534.. Ltd.992 1. USD/kg 3. Shenzhen City Minghui Industry Co...000 34. Ace Mold & Industrial (Shenzhen) Co. Beijing Huayuan Asia Pacific Tech Co..037.740 320.650.A. Of Guangdong Dongguan City Kaiying Trade Co.073 2. Co.290 146.000 920. kg 2.78 1. Jm Shanghai Nonwovens Co. Ltd. Liaoning Huiming International Trade Co. Taizhou Changshengda Plastics Co.675 68.922 428.86 0.600 31.. Ltd.. Orient International Holding Shanghai Foreign Trade Co.749 2. Ltd.33 0.. Kunshan Litai Fibre Co. 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.33 0.
000 1.932. Ltd.000 2.000 1. Ltd.90 0.11 1. Fuzhou Jianing Cosmetics Co. Zhuhai Zhongfu Industrial Group Co.90 0. Ltd.812 23.000 4.13 0.50 2. & Exp.577.861 13.300 2. Hainan Xingye Polyester Stock Co. Changzhou Worldbest Radici Co.87 0..532. Shanghai Xinxing Imp & Exp Co.136 29.85 0.605 1.000 6. Ltd.550 1.729 1.92 3.85 1.774 4. China-Base Ningbo Foreign Trade Co.883 1.400 6.700 1. Huizhou Xinfeng Packing Industry Co.110 10. Ltd. Shanghai New Particle Plastic Paint Co.581 3..000 4.025 10. Ltd.000 12.419 20. Zhuhai Chilk Enterprise Inc Others Total 16. Ltd. Ltd.92 1.975 9..105 500 2.400 20. Ltd.820 1.400 6.740 1. Shanghai Hebi Electronics Electric Appliance Co.90 0.795 1.35 1. Zhuhai Bonded Zone Nan Guang Logistic Co. Ltd. Ltd. Xiamen Hong's Enterprise Co.000 40.025 11. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp.760 23.649 19... Ltd.. Ltd..092 13.814 2...90 0.50 2. Ningbo Bonded Area Jinming Int'l Trade Co. Ltd.400 7.00 0. Yuming Exactitude Industry (Shenzhen) Co.675 5.125 3.97 0.34 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..86 1.230 20.. Jiangyin Beikaerte Steel Wire Products Co.40 0.02 81 .254 128 2.80 1.. Ltd. Ltd.26 1. Company Shunde Xicheng Plastic Container Co.. Ltd.303.352 2.45 0.27 1. Ltd. Shenzhen Longgang Foreign Economic Development Co..000 2.260 14.000 9. Zhangjiagang Bonded Zone Dong Hai Container Co.
001 880.510.009 811..116 1.994..131 958.063.000 1.126.000 3.996..440 807.093 1.000 1. Ltd... 28 Shanghai Xinjiyuan Industry Development Co.313. Ltd.890 602.000 2.000 3.81 0.513. 12 Beijing Huayuan Asia Pacific Tech Co.648 678.452 2. 30 Yuyao Global Trade & Technical Co.64 0.69 0.79 0.368.126.521 1.000 3. Ltd..504.692.389 2. Ltd.139. Ltd. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co.367 6.128.200..775.78 0.008.000 1.513.52 0.336 1.513.879 1. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co.& Exp. 32 Ningbo Bonded Area Honghe Store Co.. Ltd.000 Value.218 0.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No. Ltd..494. China Silk Industrial & Trading Corp.56 0. 33 Shanghai Ailisheng (Group) Co.70 0.001 2.075.052.386 1.634 546.427. Ltd.. (Nantong) 82 ..61 0.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co.286. Ltd. Ltd. Ltd.72 0.000 2. 16 Jiangyin Wan Xiang Chemical Fiber Co.000 1.100 1.84 0. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co.81 0. 15 Shanghai Jianfa Industry Co.843. Shanghai Poly Technologies Co.747 1.600.565.000 1. Ningbo Century Huan Yu Imp & Exp Co. 14 China Worldbest Group Colt.933.64 0.400 1.000 1..000 2.68 0.73 0.101 829.70 0. Shanghai Haixin Chemical Fiber Co. Shaoxing County Light Weave City Weave Imp & Exp Co. Ltd.751 1.77 0.232.70 0.145.400 4.709 1. Ltd. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.64 0. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.000 1. 25 Xiamen Huachen Clothes-Weaving Co.000 918. USD/kg 6. Ltd.78 0.000 2. 17 Xiamen Temao Xiangyu Development Co. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co. 13 China Zhongfu Enterprise Co.53 0. Volume.510 994.198 764.001 967.738 1. 24 Xiamen Xiangyu Taiping Commodity Circulation Co. 34 Zibo Huayang Sanwei Co.67 0.040.000 2.664 2.248 804.69 0.. Ltd.644 1. 26 Orient International (Holding) Shanghai Silk Imp.68 0.000 3.65 0.. 31 Shanghai Zhongwei Int'l Trading Co. 21 Beijing Alison Import & Export Co.000 1.547.255.451 976.79 0. Ltd.142. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.386. Ltd.000 1.843 727. Ltd.945.657 2..007.. 29 Dupont Hongji Films Foshan Co..000 13. Ltd.812..498.69 0.403. Ltd.704. 27 Jiangsu Shenlong Business Out-Carving Group Co....326 2.78 0. Ltd.73 0.188..166.000 3.692 2. USD Price. Ltd..001 2. Co.000 1. Ltd.69 1.361. Ltd. Ltd.57 0.80 0.042.845..000 1.321 1..899.500.032.780 730. Ltd.091 1. Ltd.124.508.267.822.74 0.000 3..000 879. Ltd..000 3. Fujian Province Qing Long Trade Development Co.444 3.697 698.004. Ltd. Ltd.017.120 435.152 2.78 0.855 3.000 1.76 0.000.026.55 0.79 0..000 4.79 0.511.403 715.000 1. kg 8.000 1.011.
Ltd..000 500. 52 Shantou Haiyang First Polyester Film Co.628 306.424 238. Ltd...77 0. 44 Shanghai Aj Imp.985 0.000 323.792 333.792 171....Ltd..134 116. Ltd. 43 Xiamen Yundang Industry And Trade Development Co. Ltd. Ltd. 45 Fujian Huamin Import & Export Corp.649.87 0.000 354. Ltd. 48 Shenzhen City Hua Datong Rui Industry Co..326.000 494. 49 Hangzhou Anshun Fibre Industry Co. 54 Ningbo Bonded Area Gaoxin Counter Co. 50 Shanghai Ai Li Sheng I/E Co..050 306. Ltd.400 347.000 494.. 53 Sichuan Oriental Insulation Material Stock Co.293.925 158.430 204...778.450 323. Others Total 832. Ltd.800 494.80 0.93 0.69 0.408 198. 42 Ningbo Yunsheng Imp & Exp Co.60 0.000 496. Ltd. 41 Shanghai Union Jibsen International Co. 51 Zhejiang Grand Import And Export Co. 56 China-Base Ningbo Foreign Trade Co.392 365. Ltd.42 0.55 0.61 0.310 379.400 300.000 513.65 0.68 0.880 48.500 342. 55 Ningbo Arts & Crafts I/E Corp.. Co.59 0.70 0.53 0.304 152.655 414.73 0. 46 Jiangsu Wuyang Group Corp.77 83 .63 0. Ltd.684 212.67 0.411 168.719 45.213 376.000 337. Ltd.520 427.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.77 0. 47 Shanghai Ruiyuan Import & Export Trade Co. & Exp.978 503. Ltd.190 259.000 504.995 242.000 306. Ltd.
.150.30 0. 27 Shanghai Runnan Science & Technology Trade Co.517 1. Ltd.001 687.271 375.130 319. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.087 719.647. 22 Changzhou Jin Yang Plastic Product Co. (Group) Co. 30 Dongguan Shangsha Shinghing Plastics Products Co.37 0.275 874.200 3. Ltd.806.636 653.134 2. 35 Anhui Anlike Toys Co.817 228..253.153. 33 Jiangyin City Changlong Chemical Fiber Co. Ltd.30 0.977 1.30 0.326 211.392. Ltd.. Ltd.31 0..776 690.000.000 2.29 0. Ltd.291.545.255.535..040.78 0. Ltd. 25 Hangzhou Anshun Fibre Industry Co.542.38 0. Ltd. Ltd.64 0.30 0. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co. Ltd.817 364. 4 Hangzhou Sanxing Paper Co. Ltd.000 1.337 1.242 1.463.632. 26 Taicang Wancai Regeneration Resource Utilization Co.28 0.& Exp..676 913.. 3 Shanghai Dafeng Chemical Fibre Co. 34 Ningbo Jingyong Imp & Exp Co.412 832. 16 Shanghai Dongjin Plastic Fiber Co.775 3. 28 Yixing Luutian Fibre Co. 9 Shenzhen Longgang Foreign Economic Development Co.305. Importers Volume.813 748.631 442.250 2..261.499 586.49 0.32 0.42 0.529.746 2.803 1. 23 Jiangsu Light Industrial Products Imp.42 0. 10 Hongfujin Precisidn Industry (Shenzhen) Co. Ltd.009 2.542 5. kg 8.36 0. 39 Shanghai Guochang Chemical Co.80 0..938.30 0. 24 Tianjin Daanxi Recycling Short Fiber Co. Ltd. Ltd. 14 Wuxi Hengdalai Engineering Plastic Products Co.308 0.705 542. 7 Shanghai Nantian Economic & Trade Co.347 517.643.30 0.27 84 .873.30 0.28 1.916 299. Ltd.32 2..32 0. Ltd. Ltd. Ltd. 29 Jiaxing Litai Plastic Products Co.133 1..792 1.983 2.499 509..94 0.407.972 875.970 2..49 0.749.062.06 0.210.293 4..915 1.33 0.654 540.348 1. Ltd.673 Value. Ltd.30 0. 2.020. Ltd.& Exp.396 3.403 371. Ltd.27 0. 13 China-Base Ningbo Foreign Trade Co.181 1.799 774. 31 Ningbo Younger Int'l Transportation Co.36 0. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.564 1. Ltd.30 0. Ltd.700 1.311. 41 Zhangjiagang Dongcheng Fibre Co.47 0.437. Ltd.850 1.333 329. 5 Hangzhou Guotai Fibre Co. Ltd.692..645 1.701.. Ltd.815 108.263 1.780 1.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No.040.724 1.725 423. 12 Jingang Chemicals (Kunshan) Co.388 885.29 0..31 0.469 1.376 423.30 0.700 231.30 0.000 770.38 0. 11 Ningbo Ding Jia Imp & Exp Co.326 2. 36 China Packaging Imp.858.820.30 0. 17 Zhangjiagang Cheng Xing Chemical Fibre Co. Ltd.722. Ltd.000 1.348. 19 Shanghai Jia Yi Chemical Ent Co.42 0. Ltd. Ltd.270 380.704 7.. 8 Deqing An Shun Chemical Fiber Industry Co. 40 Kunshan Jianheng Fibre Plastic Co.032 546...001 789. Ltd.563. USD Price.221 2.408 466.312. Ltd.715 1...215 949. Ltd.238.139.500 4.76 3.177.402 800.652 1. 32 Shanghai Sankai Commerce Development Co.495 979..613 845. Ltd. 15 Jiangsu Easthigh Group Import & Export Co. Ltd.057 873.697.985 4. 18 Churong Environment Protection Plastic (Shenzhen) Co. 6 Jiaxing Guangshun Fibre Industry Co.433 634.402.222 1.
46 Zhuhai City Qingan Huanan Economics & Trading Co. 61 Shanghai Lianan Plastic Product Co.70 0.30 0.32 0.52 54 Shanghai Yongfeng Chemical Co.28 0.46 0.924 40. Ltd.407.380 183. 65 Yaxing (Taicang) Recycling Resource Development Co.063 479.119 178. 58 Ningbo Fengshou Import & Export Co.950 104.627 78. Ltd.30 1.30 0.. Ltd..800 234.440 134.360 335. 64 Orient International Holding Shanghai Foreign Trade Co.. Ltd. 57 Ningbo Xinxing Fibre Co.32 0.27 0..30 0. 63 Zhongluu Industry Co.692 0.272 153.900 486.30 0. Ltd.893 84.. Co.860 305. Ltd.450 46..34 0.305 189. & Exp.883 91. 62 Ningbo Zhongbao Imp & Exp Co.30 0. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co.333 51.115 102.30 0. Ltd.430 29.150 158. 47 Cipic Shanghai Imp. Ltd.227. Ltd.739 61. 56 Jiangyin Madi Recycling Co.30 0.000 628. Corp. Ltd.359. 59 Huzhou Tong Xing Plastic Co.77 0.290 42.144 364.160 64.100 342.890 172.995 142. & Exp.115 210.453 106. Ltd..65 0.30 0. Ltd.38 0. 43 Laohu Powder Painting Manufacture (Taicang) Co.28 0.070 152.. 52 Yangzhou Hong Le Toy Chemical Fiber Co.42 Humeng Foreign Economic & Trade Corp. 60 Anhui Tianfu Fibre Co.385 179.27 0.627 134. Others Total 85 . Ltd. Ltd.. Ltd.921 56. Ltd.883 114.777 188.28 0.156 91.173 116. 49 Shanghai Feilun Industry Co.... Ltd.29 0.650 149.739 56. Manzhouli Corp.540 81. 45 China Ningbo Cixi Imp..237 93..846. Ltd. 48 Jiangyin Longyi Regeneration Plastics Co.289 87.742 46.000 268. 44 Hangzhou Keyun Metal Co.985 55. Ltd.39 0.272 110.474 215. Ltd.30 0..581 399.832 103.877 31.
828 122. Ltd. 17 Tengxing Industry Co.85 3.11 0. 40 Ningbo Bonded Area Honghe Store Co. 27 Dongguan City Kaiying Trade Co.250 483.800 18.600 5..000 400. Ltd. 36 Yuming Exactitude Industry (Shenzhen) Co.000 1. 35 Zhangjiagang Bonded Zone Dong Hai Container Co. 20 Hefa Vegetable Oil (Shenzhen) Co. Ltd.287 138.556 47. 11 Beijing Hua Yuan Asia Pacific Tech Co.. 3 Zhuhai Zhongfu Polyster Beer Galss Co. Ltd..90 1.486 9. 9 Tianchang City Changxing Terylene Chemical Fiber Co. 24 Ningbo Younger Int'l Transportation Co.763 17.50 1.Z Huajian Electronics Co.99 1.619 23. Ltd.943 2.391 220..058. Ltd.70 3. 32 Kunshan Litai Fibre Co.913 20.794 69. Ltd.000 203.. Ltd. Ltd.. 25 Xiamen Xiangyu Shangyang Trade Co. USD/kg 1 Chenghai Huaxiang Plastics Co.799 40.96 1.000 11.160 9..53 1..91 1.749 479..072 29... Ltd.222 200.893 19. 5 Xianglu Fibers(Xiamen)Co. 34 Qingdao Ever Speen Zipper Co. Ltd. 38 Shenzhen Baoan Foreign Economic Development Co. 18 China National Construction Corp.987 36. Ltd. Ltd.465 20.99 1.. 26 Fuqing Jiaxing Toiletry Co.35 1. 23 Shanghai Heshibi Chemicals Co.29 0.. 14 Jingyuan (Nantong) Chemical Fiber Product Co..& Exp.000 61. Ltd.54 0.69 1.628 431.. Ltd..78 86 .000 7. Ltd.16 1.. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.779 1.08 0.60 2.10 0. Ltd.800 689. Ltd.05 0..138 103.170. 39 Shanghai Xinxing Imp & Exp Co. 13 Shanghai Huayuan Investment Development (Group) Co.91 3.606.000 9.987 45.92 1.26 0.097 16.881 1. Ltd..87 1..974 55. 8 Xinhui City Jiaxun Electronic Trade Co..000 238. 37 Shantou S..05 2. Ltd.000 380. Ltd.172 364. Ltd.E.86 1.. Ltd. Ltd.494..000 10.42 0. 7 Taizhou Changshengda Plastics Co.28 0.585 73.. Ltd. Ltd. Ltd. 28 Ningbo Huaxi Int'l Trade Co. Ltd.000 35.490. 10 Xiamen Zhong Tian Plastic Co. 6 Honeywell(Kaiping)Industrial Polymers Co.000 187..000 74..825 63.06 2.900 2.675 890. 33 Fuzhou Jianing Cosmetics Co.000 2. 12 Jiangyin Beikaerte Steel Wire Products Co.000 16.034 49.290 83. Ltd.65 1.209 248. 3.134 143.388 65.925 4.48 1.250 2. Ltd.258 4.22 3.000 59. Ltd.06 1..725. 15 Beijing Founder Import & Export Co..243 9.. Importers Volume.400 105. Ltd. USD Unit Price.818 1.162 30. 2 Guangzhou Duolilong Chemical Fibre Co.000 813.64 3.25 1.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No.016 15.263 228. Ltd.17 3.000 60..750.227 2. 4 Jm Shanghai Nonwovens Co..00 1.965 10.974 315.000 20.139 204.246. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co. 16 Zhejiang Grand Import And Export Co.91 0. Ltd.515 32.612 46..145 41.000 75.000 18.366 8. 29 China Packaging Imp. Tianjin Company 30 Shanghai Huiyou Storage Co.34 0.723 54. Ltd.73 1.839 37. Ltd..345. kg Value. 31 Rexam Der Kwei Industrial (Shanghai) Co. Ltd.071 11.
508.59 0.98 0. 24 Shanghai Jiuaifu Logistics Co. 17 Shaoxing Zhenya Weave Product Co.968. Ltd...368.000 2. 18 Shanghai Jianfa Industry Co.836 1.842 9.007..000.504.125. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co. Ltd.50 0. 46 Lingwang ( Wuxi) Electrical Equipment Co.472 5.500. Ltd. 9 Shaoxing County Nanfang Imp & Exp Co.55 1.692.970 957.500 1. Ltd.134..667 882.251 998.204.218 4..342.000 3.545 806.002 2.. USD/kg 1 Shaoxing Tianlong Imp & Exp Co. Ltd...000 3.348 2.989. Ltd.515. Ltd. Ltd. 22 Ningbo Bonded Area Gaoxin Counter Co.228.423 4.99 1.000 1.058 1.725 150 45 2.441.927 1.018.000 3. Ltd.000 1.900 8.22 0.09 0. Ltd.000 4.892.645. 19 Zhejiang Xiongfeng Imp & Exp Co.605 884..96 0. Company 48 Haolai Chemical Industry (Zhongshan) Co.000 1..216. Ltd. & Exp.404..714 6.218 3.554 3.234 4.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No..41 Shanghai Fangxin Plastic Mould Co. Ltd.00 3. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co. USD Price..000 3.000 Value. 10 China-Base Ningbo Foreign Trade Co...98 0.Ltd.586.158..522 3.. 47 Shenzhen Light Industrial Products Imp. kg 21..84 1. Ltd.149.08 0.345.109 0.89 0.022. 15 Ningbo Century Huan Yu Imp & Exp Co.000 1..786 2.505 1.000 2.050. Ltd.226.06 0. Ltd.668 1.63 0.952. 6 Shanghai Haixin Chemical Fiber Co.716 1. Ltd.228.947 2.073.121 1. 13 Shanghai Zidong Chemical Plastics Co. Ltd.510.99 1.208.51 0. 21.153 1. 49 Shunde Xicheng Plastic Container Co.768...79 1.000 2.810 3. Importers Volume.684.08 0.895 6.199 14. 2 Shaoxing Textile Co.726 1.689 1.554 316 23 11 16.631.761.624.000 900 300 1.03 0.278.450. Ltd.178. Ltd.11 0. 50 Fuzhou Dong Li Cosmetics Co.93 0. Ltd.62 2.85 0. 87 .02 1. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co. Ltd.419 3..920 3. Ltd.521. 23 Shanghai Huayuan Investment Development (Group) Co. 43 Shenzhen Longgang Foreign Economic Development Co. Ltd. Ltd.80 12 Shaoxing County Yanzhong Trade Co..360 2.. 3 Shaoxing County Light Weave City Weave Imp & Exp Co. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.561 3.467.756 1.90 2.583 5. Total 4.000 1..340.504.000 1.000 7.00 5.071. Ltd.79 1.000 1.95 0. 14 Zibo Huayang Sanwei Co.93 1. Ltd.702 1. Ltd. Ltd.000 5.. Ltd.01 1.263.391 4.216 985.575 3.. 5 Shanghai Hua Yuan Enterprise Development Stock Co. 4 Dupont Hongji Films Foshan Co.868.926. Ltd.68 0.(Nantong) 8 Yuyao Global Trade & Technical Co.90 0.450.91 0.96 0.83 1. Ltd. 16 Xiamen Tongrun Industrial And Trade Co.. Ltd.676 1. 7 Dongli Compound Fibre Co.. 42 Shanghai Zijiang Special Bottle Industry Co.000 3.410 1. 27 Jiangsu Wuyang Group Corp.000 2.
.278 432.048 500.99 32 Ningbo Arts & Crafts I/E Corp.953 85..140 122.347 541.031 1.55 0..94 0.000 118.. 52 Hangzhou Anshun Fibre Industry Co. Ltd.942 100..03 0.241 735.90 2.. 34 Shanghai Huaxing International Container Freigat Transporation Co.658 512.68 1.620 738.81 0.87 0. Others Total 88 .63 0. 30 Kaiping Mingxian Monofilament Enterprise Co. Ltd.000 500. Ltd.. Ltd. 37 Shaoxing City Longsheng Weave Products Co.000 400.316 108.797 457.130 126. 53 Dongli Compound Fibre Co.39 0. Ltd.000 521. Ltd..80 0..87 0.500 105. 39 Shanghai New Long March International Trade Co.126 60.309 186.84 0.78 1. Ltd. Ltd.828 211..80 1. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1.447 0..969..400 272. Ltd. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co..83 1. Ltd.356 163.000 116. Ltd. Ltd.170 54. Ltd.328 440.86 0.171 268.873 178...55 1.000 500.170. 55 Jiangxi Fushida Trade Co.360 1..615 252.70 1..74 0. Ltd.353 396. Ltd.88 0.000 100.000 171.227 289. 43 China National Chemical Fiber Corp. Ltd. 41 Jinjiang Fu Xing Zipper Co.824 470.000 936. 38 Shantou Haiyang First Polyester Film Co. 58 Ningbo Dafa Fibre Co.000 500. Ltd.91 0. 40 Jiangsu Shen Long Business Out-Carving Group Co.763 646.115 572. Ltd.962 550.493 818.85 0.496.971 360.544 760. 29 Shanghai Justen Packing Material Co. Ltd.810 954. 59 Ningbo Haitian International Co. Ltd.024 300.800 500.580 379. Ltd. 36 Ningbo Jiasaile Trade Co..000 651.94 1.173 212.502. Ltd.(Nantong) 54 Nantong Huatong Fibre Co.000 454.01 0. 57 Shanghai Zheng Bao Textiles Products Co..79 0.494 695.77 0.10 0.287 440..Weaving Co. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.580 239.717 270.13 0. 60 Xiamen Waitu Imp. 35 Jiangyin Wan Xiang Chemical Fiber Co.27 2. Ltd.87 0. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co.000 500.000 502.57 0.026.000 500.90 0. Ltd. 42 Orient International Holding Shanghai Foreign Trade Co.403 406..000 500.58 0.969 455.000 456.171 109. Ltd.713 137.000 136.28 Zhejiang Grand Import And Export Co.773 421.654 64.437 165. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co.613.. 48 Nanhai City Jinglong Non.10 0. 56 Zhangjiagang Cheng Xing Chemical Fibre Co.000 190.219.
876. 15 China Light Shanghai Imp..232.. Ltd.075 749. 89 .118 509. 31 Dong Guan Foreign Service Co.178 2. 24 Shanghai Yongfeng Chemical Co. 21 Lili Industry (Shanghai) Painting Co.106 310.079 431.409.730 12.419. Ltd..730 322. 17 Shenzhen Longgang Foreign Economic Development Co.706 4. Ltd.33 0. Ltd.384.040 1.116.50 0.58 0.824 452. Ltd.300 481.36 0.146 663.40 0.36 1.837. USD Price.515 253.789 479.38 2.802 1.307 347. 19 Shanghai Dongjin Plastic Fiber Co. 27 Kunshan Anshun Fibre Co.083. 39 Shanghai Jia Yi Chemical Ent Co. 9 Churong Environment Protection Plastic (Shenzhen) Co. 34 Hangzhou Keyun Metal Co..804 285.300 300.781.03 1. 17.665 4.000 340. Ltd.694 1.942. Ltd...495 3. & Exp. Ltd.543 601. Ltd. Ltd. Ltd.497 438.. 36 Zhuhai City Qingan Huanan Economics & Trading Co.44 0..813 1.682 420.081 429.696 3.26 0..160 797. 10 Jiaxing Guangshun Fibre Industry Co. 30 Dongwan Gaofuda Plastics Products Co.824.149 136. Ltd.378 3.603 1.Corp.. Ltd.832 537. Importers Volume. Ltd..345.419.40 2.33 0.142 964. 20 Jiangsu Easthigh Group Import & Export Co. Ltd. 26 Kunshan Jianheng Fibre Plastic Co. 29 Zhejiang Zhenbang Chemical Fiber Co.978 7.40 0.431 2..464 749. 8 Hangzhou Anshun Fibre Industry Co. 33 Ningbo Fengshou Import & Export Co. Ltd.572 303. 25 Zhongcheng Ningbo Imp & Exp Co.134 1.41 0.. Ltd.490 664.137 1.772 3. 23 Shanghai Runnan Science & Technology Trade Co.854.310 857.518 618. Ltd.271..156 1.754 342. 6 Fuyang City Fu Xing Imp & Exp Co.240 467.33 0. Ltd.807 2.38 0.127.67 0.101. 40 Shanghai Ge Lai Di Fiber Products Co.248.45 0.184 3.03 0. Ltd..284.55 0.478 4. Ltd.725 1.213 2.46 0.277 1.50 0.. 18 Yixing Luutian Fibre Co.646 985.33 0.612 3. kg Value. 16 Wuxi Hengdalai Engineering Plastic Products Co.48 0.981 332.832.082 1.038. 12 Hangzhou Sanxing Paper Co.66 0.064.125 977.30 0. Ltd. (Group) Co. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.46 1. 35 Shenzhen Fbseg Industry Co.747.122. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.494..942. Ltd.470 1. Ltd. 11 Ningbo Younger Int'l Transportation Co.855. 28 Shenzhen Baoan Foreign Economic Development Co.751.437 831.38 0.& Exp.44 0.219..766 1.70 0.242. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co. 22 Jiangyin Sanqiang Chemical Fiber Material Co.867 3.102.41 0.371 8.425.049. Ltd.718 1.014 0.201 4. Ltd.80 0.048 1. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co.19 0.211. USD/kg 1 Ningbo Huaxi Int'l Trade Co. 14 Zhangjiagang Cheng Xing Chemical Fibre Co..453 2.196 287.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No.32 0.634 11.484.431.49 0.314.97 0...479 1.. Ltd. Ltd..602 17. 7 Hangzhou Guotai Fibre Co.049 229.000 2.723 378.000 956.43 0.664. Ltd.39 0.62 1.055 827. Ltd.000 696.103. Ltd.928 962.. Ltd.47 Unit 3 Shanghai Runtong Int'l Trade Co. Ltd. Ltd.270 1. 13 Jiangsu Light Industrial Products Imp.071. Ltd..
70 Ningbo Dafa Fibre Co.504 157.056 570.513 297.. Ltd.550 154. Ltd. Ltd. Ltd. 73 Zhejiang Xinghe Group Industrial Co.30 0.250 242. 65 Dongguan City Qifeng Foreign Trade Co.636 250.364.215 390.254 33. Ltd.532 119. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co..627 35.35 0. 48 Tianjin Daanxi Recycling Short Fiber Co.656 36.489 213.352 151.31 0. 61 Yingjunren Plastic (Shenzhen) Co.05 0. Others Total 90 .959 233. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution. Ltd..463 99.073 110.884 159. Ltd.. 60 Pujiang Bai Lian Imp & Exp Co.58 0.840 266.45 0.42 0. Ltd.163 250.231.708 36.333 108.90 0.327 112.882 187.329 44.. Ltd.54 67 Ningbo Jingyong Imp & Exp Co...42 1..269 490.... 75 Shanghai Feilun Industry Co.046 46. 55 Changzhou Jin Yang Plastic Product Co.. 72 Wuxi Tianyi Int'l Trade Co.30 0.737 36.147 229. 74 Shanghai Lianan Plastic Product Co. 42 Dongguan Shangsha Shinghing Plastics Products Co.05 0. Ltd.529 260.123 350. Ltd.000 805. Ltd.030 121..46 0.204 124.000 254. 54 Shanghai Dong Hao Int'l Commercial Co..432 236.. Ltd. 50 Haifu Development(Shenzhen)Co.31 0.500 329.549 179. Ltd.931.665 117.450 460. Ltd..61 0.139 67. 52 Shanghai Rongyi Chemicals Co. 71 Shanghai Hanjia Metal Product Co.42 0. Ltd..000 125.000 408.580 219. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co.384 100.50 1..615 161.213.170 105.62 0.533 215.555 237.016 121.30 0.30 0. 43 Jiaxing Litai Plastic Products Co. 63 Qiyuan Plastics (Shenzhen) Co.217 83.80 0. Ltd.. 46 China Packaging Imp. 44 Ningbo Ding Jia Imp & Exp Co.607 361. 53 Shanghai Yongkai Trading Co. 56 Anhui Anlike Toys Co. Ltd.365 102.000 252. Ltd. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co.42 0.003 205. 45 Shengqin Plastic Cement ( Shenzhen ) Co. 51 Dongguan City New Technologies Imp & Exp Co.420 161. Ltd. Ltd.000 707. 49 Shanghai Jiumao Foreign Trade Co.645 100.518 56.30 0..034 74.148 222.918 120.77 0.838 30.757 251.354 112. Ltd.550 368. 59 Jiangyin City Changlong Chemical Fiber Co. Ltd.850 164.905 188.174 513. Ltd.932 0.30 0.828 179. Ltd.066 100...77 0.529 123. 58 Jingang Chemicals (Kunshan) Co.. Ltd.30 0.42 0.& Exp.782 242.41 Shanghai Yawei Trade Co.320 107.356 449. Ltd. 64 Humeng Foreign Economic & Trade Corp.30 0. 545.511 76...32 0.35 0.333 149.103 448.46 0. Ltd. 62 Hongkai Fibre (Quanzhou) Co. Manzhouli Corp.26 0. Ltd. 57 Taicang Wancai Regeneration Resource Utilization Co.64 0. Ltd.85 0. Ltd.30 0.31 0. Ltd.39 0.830 195.54 0.874 66. Ltd.42 0..
com 1) Company Background Dragon Special Resin (Xiamen) Co. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. 91 . At present. and they comment it is not high. they produce bottle-grade chips but don’t produce film-grade chips.V-2 Foreign Companies in China V-2. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer. Han Jiang Website: www. Price They disclose current price for bottle-grade chip is RMB10. with the production capacity of 320.000MTs/year. heat through heat-transferring medium and electricity. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products.000MTS/year of special polyester annually. But they refuse to disclose the names of those regions.dragonsr.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr. three Solid-State Polymerization lines. and current output is 14.000~15. industrial grade chips as well as other related high quality products. Address: Nanhai 1st Road..R. Xiamen 361026. And the company is the exclusive distributor for some regions. the United States and Italy. Haicang Investment Zone. It is a wholly foreign-funded enterprise. with the investment totaling USD274 million. The total production capacity of PET products is 320. DSR's production facility is equipped with technologies and equipment imported from Japan.. 700/MT. DSR occupies a total area of 24 hectares.000MTs/month. The main products of DSR are bottle grade chips. capable of producing different grade of polyester chips. (DSR) is founded in April 2002. Ltd.1 Dragon Special Resin (Xiamen) Co. DSR has a special PET production line. P. Sales and Export They claim SDR has import and export license. DSR also provides public utility such as steam. Ltd.
.. Shanghai Lianji passed ISO9002 in early time.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's. The production capacity is 300. Ltd. in 1994.shlianji.195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. Zimmer AG.The Phase Three polyester Project with yearly capacity 150.2 Shanghai Lianji Synthetic Fibre Co. Zhuo Website: www. and the price of raw material keeps growing recently.92 million. Shanghai Lianji introduced a 70.. .000MTs/year and it produced 250.V-2. which has advanced equipment and can produce high-quality products.000MTs/year filament grade polyester facility (Phase One) and a 30. Address: No.000MTs/year started construction on August 2002. Ltd.000MTs last year. They claim the company is a Sino-Germany joint venture.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr.Production They claim the company started to produce PET chip in 1995.R. 2) Situation of PET in 2005 .Price and Specifications 92 .. Its total investment is USD138 million and registered capital is USD49. . Ltd. They disclose the company carries out production in accordance with purchasing contracts.com 1) Company Background Shanghai Lianji Synthetic Fibre Co.Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Shanghai Lianji covers an area of 294. Germany and Shanghai International Shanghai Growth Investment Ltd.300m2 and has 528 employees. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.
400/MT.. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002. Italian Faostuo Radici Group. At present.3 Jiangsu Changzhou Worldbest Radici Co.The company can supply many specifications. Raw Materials 93 . CWRC’s water bottle-grade chip. Xu Website: www. They disclose there are three production lines of PET in this company. Ltd.czwbr. Current price is RMB10. 68.2 million.. 60% and 70% of domestic market.000MTs. including dull.406 million and the registered capital is USD45. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. semi-dull and bright chips. and the production capacity is 270. Address: No.. Ltd. Changzhou 213022. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr.R. P. heat-resistant chip and edible oil chip hold 20%. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. Ltd. in 1996. which makes the company one of the largest manufacturer in China. The total investment of this company is USD11. Ltd. V-2. West Waihuan Road. ISO14001. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco.China Tel: +86-519-5100553-663. respectively. Hongkong Qiule Development Co. FDA test and Coca-Cola. Jiangsu Province.. National High & New Technology Industry Development Zone. the daily output is 800MTs.000MTs/year bottle-grade polyester chips. (CWRC) was founded by Shanghai Huayuan Co.
China Tel: +86-519-5778111. 2005 and only produces bottle-grade PET chips. and edible oil. drinking water. Changzhou Andenie covers an area of 120. Germany and SSP technology and facilities supplier Bühler AG. 1.andenie. Yutang Industrial Park. Ltd. films.000MTs/year. V-2.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. as well as drugs. tea-drinks. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. fruit juice drinks. The company mainly specializes in producing bottle-grade PET chips with 220. Ltd. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. Xinbei District. with the total investment over RMB400 million. the price of water and oil bottle-grade chip is RMB11. 94 . but the rate will vary with the market demand. Swiss. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. Its bottle-grade PET chips can be applied in packaging of CSD.R. Xinyu East Road. etc. The company exports half of its products to international markets.They claim all raw materials for PET chips are imported from foreign countries.4 Changzhou Andenie Polyester Co. They disclose the company carries out production according to its purchasing contracts. 5778666 Fax: +86-519-5778889 Person to Contact: Mr.. Address: No. P..000MTs/year production capacity. Price At present. Changzhou 213033. the operation rate is about 80%. The company’s production capacity of PET is 220. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. At present. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. Guan Website: www. which is different from other PET producers. pet sheets and HDI. Jiangsu Province.000/MT.000 square meters.
000MTs/year 95 . 500. They disclose the specifications of the bottle-grade PET chips include CSD. DTY.000m2. and it exported 11. Wang Website: www.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. Ltd. 2005. PET sheet.000MTs of PET chips last month.000MTs/year in 2005. dyeing and finishing and other relative accessory facilities.. Price and Specification The price of bottle-grade PET chips is between RMB10. because all the products produced in Sep.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries. It is a union enterprise using PTA and EG as raw material to produce polyester and other extension products for large-scale chemical industry. They disclose the PET chips of this company sell well currently.000/MT. Address: No. The company passed DNV ISO9001: 2000 quality system certifications. The production capacity of bottle-grade chip is 180.China Tel: +86-21-6875-1888 Person to Contact: Mr. and edible oil. The product structure is as follows: Bottle-grade chip.198. Shanghai 201419.com.800/MT and RMB11. Sales and Export The company has the import and export license.000MTs/year. tea-drinks. dyeing and finishing. drinking water.5 Far Eastern Industrial (Shanghai) Co. Baisha Road. SSP. staple fiber. and the company claims it will increase to 500.000MTs/year Differential polyester staple fibre.feis. Xinghuo Development Zone. fruit juice drinks. POY. There are workshops for polymerization. Factories of Far Eastern Shanghai occupy 370. textile. have already been ordered. V-2.R. The company will accept new purchasing orders till Oct. chemical fiber. They claim the price will change in accordance with the market. Ltd. weaving. P. Pudong District. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996. 60.
In general.R.6 Hunomik (Shanghai) International Trade Co. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. 34.800. 9. the annual output of BOPP film is 30.000MTs/year.China.000MTs/year. Industries Co.000MTs and aluminized film 4. the price is FOB USD1. Address: No. about 200. The company specializes in producing BOPP. 2) Situation of PET in 2005 . In South Korea. ventilating film 4. V-2. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr. It is a wholly foreign-founded enterprise. Zhongshan West Road.S.700~1. PET. They comment that the price is slightly high in China. Ltd. (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H. Ltd.000MTs. ventilating film and processing many relevant film products.Production They claim the company has production facility of PET film. Changning District 200051..Price & Packaging The price of PET film depends on the thickness of products.000m2... with the capacity of 55.000MTs/year DTY. Ltd. They disclose that the packaging of products for export is in compliance with the export packaging standard. the company has nine production lines. Shanghai. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003. 96 .933. P. developed ventilating film in 1993 and launched into PET film field in 1997. .POY. The company started to produce BOPP film in 1990. Its workshops cover 50. Li 1) Company Background Hunomik (Shanghai) International Trade Co.000MTs. PET film 17.000MTs. Thereof.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large.
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
10 production plants. Fuel Section can produce 1.000MTs. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products. PET. Chemical Sector has PE unit.000MTs of light chemical oil annually. each about 21MTs.45 million MTs of oil products and 900. 160.cn 1) Company Background Covering an area of 16 square kilometers. V-3. Price & Packaging The price for common water bottle-grade chips is USD1.000 staffs and workers. Address: No. They comment this price is comparatively cheap. The output in 2004 is 350.000MTs next year.They claim the company’s production capacity is 550. Fiber sector contains PTA.000MTs/year of fiber products.3 Liaoning Liaoyang Petrochemical Co.5 billion. P. Ltd. In general.5 million MTs/year. aromatics unit and nylon 66 salt unit which produces 90. LYPC currently has total assets of RMB13. PP and PA units producing 400. Liaoyang 111003. 6 units under its direct control and 3 large joint ventures with 12.R. Hongwei. LYPC has 39 large production units with a capacity of refining crude oil of 7.035 FOB Zhangjiagang.000MTs/year of PET.000MTs/year of N66 salt (including AA). LYPC is engaged mainly in oil refining and producing chemical products and marketing.000MTs/year this year and it will increase to 950. LYPC now has 9 functional departments. If clients only need 1~2MTs.5 Torch Street. LYPC has marketed its products all over China and exported to foreign countries. they can offer less than container load.com. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC. the products for export will be packed in container. Liaoning Province. 2) Situation of PET in 2005 99 . Sales and Export They claim the company has the import and export license.000MTs/year of plastic materials and 50. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. The company has bright film-grade and carbonated bottle grade chips in stock currently.cnpc-lh. while hot-filling bottle-grade chips products will be available next month.
kaiping-polyester. Ltd.. as well as Kaiping Chunhui Co. high viscosity chip for industrial use.400/MT. Honeywell (Kaiping) Industrial Polymers Co.China Tel: +86-750-2213758. film grade chip and bottle grade chip.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co.R. bright chip. Kaiping 529325. Color Venter Particle Factory.000MTs last year. Ltd. (Kaiping Polyester) is a largescale collective group.- Production They claim the company has PET stock at present. Address: No. bright fibre grade chip for civil use and industrial use. Guangdong.com. Meihua Road. The total output of PET products is over 300. Ltd.000MTs/year.1. Shagang District. The company has two freight docks. which has been listed. 2228111. medium viscosity chip for use in sewing thread.000m2 of land. V-3. 300/MT and that of oil bottle-grade is RMB10. P. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400.. located in Guangdong Province and covering 700.. 100 . Price The price of water bottle-grade is RMB10.4 Guangdong Kaiping Polyester Enterprises Group Co. The company’s subsidiaries include Polyester Chip Factory. Fax: +86-750-2228836 Website: www. 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.
Address: Tangjia. Guangdong Province.yuhuapet.000MTs/year 2) Situation of PET in 2005 Production 101 .000m2. P. 10.000m2 testing building.R. and the price will be higher.. Ltd. Zhuhai Yuhua specializes in producing polyester chips. V-3. etc. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. light fibre chip for industrial use. The price varies in accordance with the viscosity degree of products. Ltd. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. 150.000m2 of land and its construction area reaches 100.The company adopts glycol and PTA as the raw materials. Species and Price They claim the packaging is 1MT. which is equipped with hundreds of advanced analysis apparatus. HR201. (Zhuhai Yuhua). It exports products to Japan and West Europe.000MTs/year PET for film. EEC test and H203. The viscosity degree is higher.000MTs/year PET for bottle. Its structure of major products is as follows: PET for fiber. Zhuhai 519080. Its products of bottle grade PET have been approved by FDA test. Among them. highly viscous chip for industrial use. The company produces many species including light fibre chip. The company set up a 2.5 Guangdong Zhuhai Yuhua Polyester Co. covers 230.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www. which are purchased in China and imported from foreign countries sometimes.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co. established in 1988. Zhuhai Yuhua has 650 employees. 80 are engineers and technicians. 140. Packaging..
The price is RMB10.. 600/MT. China Huarong Asset Management Corp. Ltd. Its registered capital is RMB860 million. . Zhejiang Province. and other companies. the company only had 5. Shaoxin 312000..6 Zhejiang Chemical Fibre Joint Group Co. They disclose most consumers are willing to buy oil bottle chip 202 materials. The company also produces chips for mineral water bottle. cation chip. with the capacity of 150.They claim the company produces fibre materials.000MTs/year of polyester filament. Ltd. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications. V-3. 000MTs/year. China Cinda Asset Management Co. the total assets of UCFG reached RMB1. including semi-dull chip. polyester long filament. oil bottle 202 and so on. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co.R. which is effective for about one month. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip.000m2. flame retarding chip. UCFFG has six subsidiaries and holding companies. the company’s production capacity has increased to 300. Address: Under Qishan Bridge. By the end of 2002. (UCFG) was built in 1984 by China Orient Asset Management Corporation. P.000MTs/year. Sales and Export They claim their products are sold throughout the country and other countries such as Europe. tea bottle. In the beginning of its establishment.8 billion. etc. At present. with a total capacity of 150. China Development Bank.. etc.. polyester staple and other products. 102 . Coca Cola bottle. Southeast Asia. Ltd.000MTs/year for PET chip. UCFG covers an area of 380.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr.
Ltd.000MTs/year.China. ISO10012. specializing in producing. Ltd.39 billion.. Xi Website: www. JiNan250100. processing and marketing chemical fiber.000MTs/year Polyester staple. The product structure of this company is as follows: IPA. Tel: +86-531-88068236 Person to Contact: Mr.8% of who are technologic support members and 89 people are senior technologists. 260. ISO14001...R.000MTs/year Polyester filament. Industrial and Trade Co. P.. Jinan Weide Fibre Fabrics Co. 22..com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co. semi-dull and bright chips. Jinan Zhenghao has passed ISO9001.jnzhaf. is a holding company of Jiannan Zhenhao. Ltd.. Its asset is up to RMB2. Jinan Zhenhao Polyester Co. Ltd.2. (Jinan Zhenhao) was founded in April 2002.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co. The company can offer cation. Jinan Zhenhao Polyester Co.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip.. Ltd. Shandong. The company owns 9 subcompanies. 100. Ltd. 110... Jinan Huaxian Scientific. 80 employees work for it and 29 of them are engineering technologists. 103 . Ltd.600 employees. Ltd. textile material. Ltd. LiXia District. V-3. About Jinan Zhenhao Polyester Co. Jinan Zhenghao Trading Co. fabric and garment. The company has RMB220 million of fix assets. Huaqianchang Road. The production capacity of semi-dull chip is about 200.1 and OHSA18001. 29. Address: No.7 Shandong Jinan Zhenhao Advanced Fiber Co.000MTs/year PET melt and chip. Jinan Zhenhao has 1.
2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. They claim the company has two sets of facilities. among which RMB2.76 billion is fixed assets. A set of 100. Raw Material They claim the company produces PTA as well. Tel: +86-22-63822777. Up to now.000MTs/year of PET chips. +86-10-51586861 Fax: +86-10-51586884 Website: www. Sinopec Tianjin has 4.com.000MTs/year. chemical reforming capacity is 150.500/MT. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. Tianjin Branch’s total asset is RMB6.R.8 Sinopec Corp.000MTs/year.000MTs/year. and the daily capacity is 500MTs/day. including 743 technicians. Its oil processing capacity is 5 million MTs/year. It has its own special Oil Wharf and tank area in Xingang Seaport. The capacity of PET chip is 160. Price They disclose the price of PET chip is about RMB10. Tianjin Branch. Sinopec Tianjin has 20 production facilities covering refining.46 billion.cn 1) Company Background Sinopec Corp.000MTs/year. chemical and chemical fibre. Sales The products are mainly sold in Shandong Province. Dagang District 300271. At present. 104 . and some are sold to Heibei Province. about 60~70MTs/day.638 staff members. V-3.000MTs/year facility has stopped production. Tianjin Branch (Sinopec Tianjin) was founded in Apr.000MTs of filament.The company adopts the China-developed technology to produce PET. Tianjin Branch Address: Sinopec Corp. P.China. and they comment that the product can bring much profit. Normal output is 400~500MTs/day. Tianjin. including 30.000MTs/year of staple fibre and 8. with the total production capacity of 260.tpcc. 60. PET fibre capacity is 100. the facility of PTA has stopped for maintenance.
Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. LuoYang 471012. Chemical Fibre Section: Polyester facility. 2. 600.000MTs/year.Sales The sales of this company have been unified. coke. . Henan Province.000MTs/year. Mitsui Chemical. Ethylene Section: Ethylene facility. film-grade chips facility.000MTs/year. R. P. kerosene. 43. Shell in Netherlands. 22.000MTs/year. fuel heavy oil. 000MTs/year.China.000MTs/year. para-xylene. PX facility. 80.000MTs/year and EG facility. petroleum asphalt. polypropylene facility. V-3. including lead-free gasoline.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility. PLG. PET chips. It is called Sinopec Corp. heavy aromatics. light diesel. polyethylene facility. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. benzene. PTA facility.000MTs/year. . EO facility. 48.Sinopec Tianjin mainly produces 31 kinds of products of oil. Neumag Company of Germany. jet fuel. 120. They claim the production capacity of PET is 200. 250. Mitsui Toatsu Chemicals of Japan. 100. Union Carbide Corporation in the United States. 200. 60. 105 .200 at present. Price The company produces fibre-grade PET chip. PET staple fibre and filament.000MTs/year and differential staple fibre. The price is RMB10. Polyether Polylol facility.000MTs/year. Tianjin Branch.000MTs/year. FDY and POY filament facility. etc. PET Staple Fibre facility.000MTs/year.000MTs/year. 200. chemicals and fibre.000MTs/year.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. Lummus.000MTs/year. which is taken changed by the sales center in Beijing. 90. 300. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. DMT.
Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. The plant carries out production in accordance with purchasing orders. It was started construction in 1998 and put into production in 2000.500 employees.com. PTA facility. The Chemical Fibre Plant has five major production facilities.000MTs/year. 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. It has 1. which was invested in RMB6.100 employees. including aromatic hydrocarbon facility.lypcc.000MTs/year. chemicals and chemical fibre.000MTs/year. Sinopec LPC specializes in oil refining. The capacity of polyester filament is 90.4 billion. but the output volume is not as large as it. including 2. The capacity of PET melt and chip is 200.000MTs/year. Sinopec LPC has more than 8.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. UOP and Japanese Toray. that of PTA is 250. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. +86-10-51586861 Fax：+86-10-51586884 Website: www. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion.000MTs/year.Tel：+86-379-66996147.200 professional technicians. polyester facility. Price 106 . direct spinning polyester filament and direct spinning polyester staple fibre. DuPont. and that of polyester staple fibre is 100.
including RMB1 billion of net assets. .200 at present. Meanwhile. trade. DTY DT FDY filament PET chip The production capacity of polyester is 720.The company produces fibre-grade PET chip. Ltd.. Zhejiang Province.000MTs/year.000MTs/year. IT as well as printing and dyeing fields.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.zjtkjt. and most PET chips are used to produce polyester filament and staple fibre by the company itself. Hangzhou 314500. the group sets foot in real estate. in 2004. P. It is a state-owned enterprise. Its products include: POY. 2. At present. Only a small part of PET chips are sold out. Zhejiang Tongkun mainly produces polyester chip and polyester long filament.8 billion. and that of chemical filament fibre is 600.10. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co. the total asset of Zhejiang Tongkun is RMB2. Ltd. finance. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies..China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr. V-3.R.000 employees. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. . Zhu Website: www. It has more than 7. The price is RMB10. Guangming. Zhejiang Tongkun Group Address: No. in 1999 and Tongkun Group Co. agriculture. Tongxiang Development Zone. 107 .
The production capacity of fibre-grade PET chip is 180. About PET Project In Apr. In Jan 2001. no semi-dull chip. which was put into production in Oct. They claim the market of PET this year is unfavorable. which was put into production in Sep 2003. The price of bright chip is RMB10. Up to 2004. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. HIMSON in India. 2002. 2000. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180. HONEY WELL in the US. Price and Specification The company can offer fibre-grade and bottle-grade chips.000MTs/year modified melt direct spinning long filament project.000MTs/year PET chip project. etc. which was put into production in Jun.000MTs/year and that of bottlegrade is 20. the production capacities of polyester and melt direct spinning long filament reached 700. Zhejiang Tongkun passed ISO9002. They disclose the company produces fibre-grade chip but not film-grade chip at present. In Aug. Zhejiang Tongkun invested RMB310 million in the 180. 108 .000MTs/year and 550. 2002. 204. UB20 LAUDA in Germany. Zhejiang Tongkun invested RMB580 million in the 180.Zhejiang Tongkun introduced equipment from TMT in Japan.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. Zhejiang Tongkun invested RMB120 million in the 160.000MTs/year polyester and melt direct spinning production line. 500. 2000.000MTs/year polyester project was put into production. In Jul.000MTs/year. Sales and Export The company has the import and export license.
000MTs/year. there are 225 employees in the company.. Xinjiang. 800. Ltd. 109 .Price The price for bottle-grade chip in its latest purchasing order is RMB10. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. with the production capacity of 60. Ltd. Current operation rate of its facility is 100%. V-3. Address: Yan’an South Road.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year.R.. . (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. Ltd.Sales They claim that the current market situation is comparatively good.com. The company carries out production in accordance with the purchasing contracts. Chanji 831100.tunhepet. ISO9001: 2000 and ISO14001. At present. . P. Among them. The production capacity of multifunction and differential polyester chips is 60. The company also produces fibre-grade chip. The company covers an area of 13.11 Xinjiang Tunhe Polyester Co. The production capacity of bottle-grade chip is 60.000MTs/year.000MTs/year. as there are many buyers waiting for the products. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. 90% workers graduated from the technical secondary school or collage.. The price will vary with the market.87 hectares.000MTs/year. The company passed OHSA1800.China.cn 1) Company Background Xinjiang Tuhe Polyester Co. 2) Situation of PET in 2005 .Production They claim the company hasn’t PET chip in stock at present. with the capacity of 110. Its major product is bottle-grade PET resin.
They disclose the company has more then ten factories. Miss Shao Website: www. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory.000MTs/year. They disclose that the current output of PET products is not large. that of polyester textile-grade staple fiber is 90. Address: No. Japan. the production capacity of PET chips is 160.000MTs/year.V-3. 300/MT.longdi. It sells its products all over China and exports them to Europe and America. Xiao. Price and Specification The company produces bright and semi-dull chips. Heilongjiang Longdi has the import and export license.. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. It is a listed company. It does not produce film-grade chip. and the two factories work for 24 hours a day. Heilongjiang Longdi imported the key equipment from Germany.000MTs/year and polyester industrial filament is 37. the United States and Italy. They claim their equipment is worldadvanced.. The company carries out production according to the market demand. Heping street. At present. while only two factories are producing PET due to capital problem in the company. The Company passed ISO 9002 and ISO9001: 2000.biz 1) Company Background Heilongjiang Longdi Stock Co. The price is RMB10.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion. P. which started to produce PET as early as 1985.116. that of filament is 36. Ltd.12 Heilongjiang Longdi Stock Co. Heilongjiang. Acheng city150316.China Tel: +86-451-53715382. Ltd. Sales 110 .R.000MTs/year. 2) Situation of PET in 2005 .
Yinbin 644007. including over 500 technicians and professionals. Miu. Ltd. PET bottle preforms. Push Group has RMB3 billion fixed assets.R.000 employees. They disclose that PET products are stored in Dongguang Guangdong Province. It is a wholly subsidiary company under Wuliangye Group. and 3D images and laser anti-fake products for packaging and advertising.000MTs/year. while the production base is in Yinbin Sichuan Province.cn 1) Company Background China Push Group International Co.. Push Plastic Building and Packing Materials Department. Chen Website: www. Price and Species 111 . Push Subsidiary Companies and Push joint ventures. P. Mr. etc. while the industrial filament is profitable. etc. (Push Group) was established in 1997. The initial investment for Push Group was RMB300 million. Push Plastic Pet Preforms Department. plastic pipes and fittings. American and Southeast Asian countries..com. The company carries out production in line with their purchasing orders.150.. Its products include plastic anti-fake bottle caps.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament.000m2 production facilities and over 4. and the total investment had exceeded RMB2. Address: No. detergents and cosmetics.pushi. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. At present. Tel: +86-831-3565889. plastic packaging bags. China. The claim PET chip cannot bring much profit because of expensive raw material. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. 340. molds.13 China Push Group International Co. Minjiang West Road.0 billion by 2004. Push Group consists of three units: Push Group Push Plastic. Products of Push Group are exported to European. Ltd. V-3. Push Plastic includes Push Plastic Closure Department. Push Plastic & Polyester Department. Sichuan Province. polyester chips.
V-3. etc... It was listed in 2004.. Shengze Town. China Silk Industry Corporation. The product structure of JWSG is as follows: PET chip. Ltd. and Suzhou Foreign Economic Development Corporation. Chen Website: www. Jiangsu Wujiang Silk Group Co. Ltd. (JWSC) was set up by Jiangsu Wujiang Silk Group Co. China Garment Group Co.000MTs/year Chemical filament. Ltd. Ltd. They claim the PET products in the company are bottle grade PET. Wujiang 215228. while the price FOB Guangzhou is USD1.. 2) Situation of PET in 2005 Production 112 ..130/MT. 120. Ltd.14 Jiangsu Wujiang Silk Co. 80 million meters/year Computerized embroidery.. Longqiao.R. Xinhua Silk Weaving Mill. 130. Ltd. computerized embroidery.They refuse to disclose the domestic price of PET products. and Xinda Computerized Embroidery Plant.com 1) Company Background Jiangsu Wujiang Silk Co. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr. Ltd. scientific technology and trade. Camellia. The total registered capital of JWSC is RMB313 million. JWSC integrates real estate. Add: Shunxin Middle Road. Sales and Export They claim the company has its own import and export license. About Jiangsu Wujiang Silk Group Co. The total asset of the group is RMB4 billion.. special filature. Jiangsu Silk Group Co.silkgroup.China. P. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. mainly engaging in producing and marketing high-grade silk.. The products can be used in engineering plastic as well if it is processed to improve the performance. Jiangsu Province. Liaowu Silk Weaving Mill.000MTs/year Silk. (JWSG) has five factories: Xinlian Silk Weaving Mill.. Xinsheng Silk Weaving Mill.
000MTs of chip spinning). covering 2 million m2. which produces 400. cation dyed of DTY. The company produces cation and other special chips but not film-grade chip.600 staffs and over 10% have been educated in college. seven corporations and one research institute center as its subcompanies. China Tel: +86-575-5101220.A. The company has passed ISO9001.. BOPET and medicine fields. It specializes in the research. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. Ltd.000MTs of melt direct spinning and 100.15 Zhejiang Cifu Group Co. Zhejiang Province. Shaoxin 312073. Japan. P. 113 .. development and production of raw materials of chemical fibre. semi-dull. The output is 150MTs/day.S. cation and other special chips. Address: Binghai industrial strict. Specifications They claim the company offers bright. because film-grade chip is unprofitable.cifugroup. Germany. Xu. All the key equipments of polyester. film and yarns are imported from the U. 5621130. POY and FDY 400 thousand tons (including 300. Miss Li Website: www. Ltd. Zhejiang Cifu sells its products both in China and abroad.They claim the company started to produce PET chips ten years ago. It is a comprehensive enterprise with USD500 million of total assets. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr. Zhejiang Cifu has more than 3.com 1) Company Background Zhejiang Cifu Group Co.. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986.R.000MTs of different specifications of semi-dull. Zhejiang Cifu consists of two factories. V-3. France and Italy. The company has 6 production lines of small polyester.
They claim their products are sold both in China and oversea countries.16 Zhejiang Zongheng Group Co. 114 . Ltd..000MTs of BOPET. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co.. The price of film-grade chip is USD110/MT. It has 4. cation.. including film-grade. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. Tel： +86-575-8038368. because its production is in accordance with purchasing contracts. Address: Industrial Economical Development Zone. covering. Its total assets reached RMB1. which can produce 200.000MTs/year and the daily output is about 300MTs.In 2003. It has five economic entities. Ma Website: http://www. Zhejiang Province. Zhengjiang Zongheng covers an area of 667.000m2 of construction area. 8038160 Person to Contact: Mr. V-3. P.500 employees. such as Europe and Southeast Asia. Ltd.cn/rx/ZONGHENG/twjs. Doumen County 312071. They disclose the company cannot offer semi-dull chip at present.000MTs of high-speed film grade BOPET material and 120. Ltd.R.000m2 including 280. Meanwhile.htm 1) Company Background Zhejiang Zongheng Group Co.6 billion. and so on. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. fibre-grade.. 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..zgsc. 8039725 Fax：+86-575-8038161. Price and Specification They claim the company produces many specifications of PET chips. The capacity of film-grade chip is 200. Ltd. Sales and Export The company has the import and export license. China.
Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. Ltd. The company introduced major equipments for polyester and spinning from Switzerland. etc.. 38. Europe and so on.The company has six batch polymerization production lines. was established by Hunan Economic Construction Investment Company. The company covers 334. and France.000MTs/year. They refuse to reveal more information. P. Yuetang District. 100.000MTs/year. with the total investment of RMB1. 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.000MTs/year Differential fibre.R.000MTs/year Garment materials. respectively.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. including 248 professional technicians. Ltd. Address: No. Germany. The company passed ISO9001: 2000.087 billion. Xiangtan 411101. V-3. The production capacity of polyester and filament of Hunan Jindi is 100. The product structure is as follows: PET chip. 40.17 Hunan Jindi Chemical Fibre Co. Liu 1) Company Background Hunan Jindi Chemical Fibre Co. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . 12 production lines of FDY and 4 production lines of POY. Hunan Province.000m2 and has 590 employees. 160. Shuyuan Road. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.. The registered capital of the company is RMB250 million..
Ltd. The company carries out production in accordance with purchasing contracts.000MTs/year.8 billion and 28. R.cn 1) Company Background Sinopec Shanghai Petrochemical Co. 950. It produces semi-dull fibregrade PET chip. intermediate petrochemicals. The company itself consumes 4.4 square kilometers.000MTs/month. such as petroleum products. They claim the production capacity is 100. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972. V-3.500 staff members on the regular payroll. By the end of 2004.000MTs/year Petroleum and petrochemical products. and current output is 8.18 Sinopec Shanghai Petrochemical Co. synthetic fibers and plastics. covering an area of 9.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. synthetic fiber raw materials and synthetic fibers. Zhang Website: www. manufacturing of plastics and synthetic fibers. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. petrochemicals. 200.38 million MTs/year 116 . Price They disclose the factory price is RMB10. synthetic resins and plastics. petrochemical processing.000MTs/month.spc. Their filament products are exported to foreign countries. SPC has total assets of RMB 28. SPC has 72 sets of main production plants including oil refining.000MTs/year Synthetic fiber raw material and synthetic fiber. Sales They claim the company has the import and export license. Address: No. 14 million MTs/year Ethylene. The company produces over 60 different types of products in 4 categories.com. At present. 5. 950.1 million MTs/year Synthetic resin and plastics. 1.48 Jinyi Road Jinshan 200540 Shanghai China P. Ltd. The product structure of SPC is as follows: Crude oil. It specializes in highly integrated production and operations of petroleum products.
P. 117 .China.000m2. V-3. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. . 20. They disclose that the price of PET chip went up last week. Sichuan Polyester covers an area of 220.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC. Zigong Investment Company and Sichuan Textiles Group Co.scjz. It started to produce PET in 1982. 70.911 million. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. technology of filament production line from Swiss Inventa and equipment from Barmag AG.. Ltd. Da’an. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. technology of polyester staple production line from Japanese TOYOBO. At present.000MTs/year. Its total assets were RMB144...000MTs/year Polyester staple. Ltd. 2) Situation of PET in 2005 . SPC was listed on the Shanghai Stock Exchange. Sichuan Province.19 Sichuan Polyester Co.Sales They comment that current market of PET is unfavorable. 100. -Price and Specification The specification of PET chip has bright and semi-dull chips. As the price of petroleum goes up. Address: No. Kong Website: www. Ltd.800/MT. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company. was set up by Sichuan Investment Group Co. the price of raw materials rises accordingly. PET chips cannot bring much profit.000MTs/year. Ltd.000MTs/year Polyester filament. in 1993.In June 1993.com 1) Company Background Sichuan Polyester Co. the production capacity was 80.R. Juxin Road. The production structure of Sichuan Polyester is as follows: PET chip. At that time. the production capacity is 8.. Current price of semi-dull chip is RMB10. Zigong 643010.000MTs/month.It has 963 employees.88.000~11.
000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment). 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. 500/MT.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag.China Tel: +86-575-4816306. totaling 800.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. Li Website: www.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. 80. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200.000 MTA polycondesation capacity (in which 420. Japan Morata & Teijin seiki. They disclose the price changes frequently because the price of raw material goes up quickly. Only a small part is sold out. Zhejiang Province. East Street. At present.000MTs/year each from Germany Zimmer AG. 1. dyeing & printing. The company produces PET chips in accordance with the purchasing orders.yuandonggroup. heat and power plant. -Price The factory price is RMB10. Major products of Zhejiang Yuandong include: POY FDY 118 . polyester filament. V-3. polyester staple fiber. 300.000MTs/year DTY and 120 million meters colored fabrics for customer processing. real estate. Ma’an Town.R. Sales They disclose most PET chips are kept to produce polyester filament and staple.000MTs/year.20 Zhejiang Yuandong Chemical Fiber Group Address: No.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 90.000MTs/year polyester chips. P. draw texturing. And 100. Shaoxing.
Sales and Export They claim the company has the import and export license. Zhejiang Province. V-3.. Address: Yaqian Town.000MTs/year Met direct polyester filament. 300/MT at present.000 staff members. It changes in accordance with the market situation.DTY Staple fibre PET chip 2) Situation of PET in 2005 . 1994. P. 82797888 Fax: +86-571-82759919 Person to Contact: Mr.Production They disclose the company has produced for four or five years.21 Zhejiang Hengyi Group Co.. . 80. filature and weaving as well as R & D and trade. Ltd. It carries out production in accordance with purchasing orders. The total asset of this group is close to RMB5 billion. 300. Zhejiang Hengyi specializes in the production of polyester. 520. .R. Currently it only produces fibre-grade PET chip. The product structure is as follows: PET chip. Ltd. Hangzhou 311209. They disclose current output is about 600MTs/day. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German.000MTs/year Garment fabrics.com 1) Company Background Zhejiang Hengyi Group Co. Shi Website: www.000m² and employs more than 4. Xiaoshan District. The company itself consumes some PET chip to produce polyester filament.Price The price is about RMB10. 35 million meters/year 119 . Zhejiang Hengyi covers an area of 530. (Zhejiang Hengyi) is a state-owned enterprise established in Oct.000MTs/year Polyester staple fibre processing.China Tel: +86-571-82799247.hengyi.
Huang Changzheng. Ltd. The company passed ISO9002 in 1998. thus it only sells a part of PET chip.China Tel: +86-13925187591.Production The company only produces fibre-grade PET chip. (Guangzhou Yamei) is a China.. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips. and they claim the price is not high in the market. Its workshops cover 80. Ltd. 120 . The fibre-grade PET chip in this company is semi-dull chip. .Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10.. . The company also produces polyester filament and polyester staple fibre. Address: Dongji Sub-zone. 2) Situation of PET in 2005 . and the capacity of 75. Guangzhou 710730. P.Zhejiang Hengyi exports its products to foreign countries.000MTs/year. The company has the import and export license.22 Guangdong Guangzhou Yamei Polyester Co.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre. +86-20-82215900 Person to Contact: Mr.600/MT.000 area of land. US and Japan trilateral joint venture enterprise with investment of USD70 million. Guangdong Province. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. ] They claim the production technology and facilities are imported from DuPont Company.R. Guangzhou Economic & Technological Development Zone. V-3.
V-3.23 Guangdong Fushan Chemical Fibre Complex Co.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips.com.R.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. The company has four factories: Foshan Polyester Chip Plant.000MTS/year. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co.. Chancheng District. Foshan. 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 . About Foshan Polyester Chip Plant This plant is equipped with the production capability 72. since the Property recombined in 1997. Ltd. Address: No. Total production capability of the company is 150.45. Guangdong Province.fcf. Main products of this plant include: semi-dull and bright chips. Foshan Synthetic Fiber Plant and Spinning Thread Plant. (Foshan Chemical).cn ` 1) Company Background Foshan Chemical Fibre Complex Co. The continuous polyester viscosity increment facilities of 20. Dong Website: www. P. Ltd. The company has more than 400 experts and technicians. senior engineering technicians account for 10% and medium engineering technicians account for 30%.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14.000 tons/annum. Fuluo Road. Ltd. Foshan Polyester Filament Plant.. chips used for non-ordinary type fiber. accounting for 1/6 of total staff.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China.. Among them.
Wang 1) Company Background Hainan Xingye Polyester Co. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. Ltd.They claim that the production capacity of PET chips in this company is about 70. which is a downstream product of PET chips. 000/MT. Haikou. and the company also produces polyester filament.. They also disclose that this company is a state-owned company and it is in the process of restructuring. With respect to PET filament. Raw Material They disclose raw materials are expensive at present... The production capacity of filament is 35. about 400. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. the output of Guangdong Kaiping Polyester Enterprises Group Co. Hainan. is very large.China. and all materials for PET are exported from foreign countries. P. Gang'ao Industrial District.000MTs/year. 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. (Hainan Xingye) was set up by Hainan Textile Industry Company.. thus the both production lines of PET are carrying out full-scale production. Hainan International (Oversea) Investment Co. Ltd. and only a small part is sold to others. V-3. The company has two production lines of PET. Price Current price of PET chips is claimed to be about RMB11.24 Hainan Xingye Polyester Co.19.000MTs/year and it is the midseason for filament at present. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Xinye Road. Address: No. Ltd. Its production capacity is about 180. BOC Haikou Trust and 122 .R.000MTs/year. Ltd. also produces PET chips.. Sales and Export They disclose most PET chips produced by the company are used to produce filament.000MTs/year. The daily output of PET chips is 230~240MTs.
Hainan completed its first phase of PET project was completed. 123 . Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co. Ltd.000MTs/year. the company’s operation is in the process of loss. accounting for 35%.. Guanghan.Production They claim the company has been produced PET chips for about ten years. In 1992. At present. while the price of polyester products is comparatively relatively low in the market. the capacity of PET filament reached 60. Ltd. The total investment is about RMB 350 million.000MTs/year. Sichuan. It covers an area of 117. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr.(Sichuan Guangkang) is a joint venture.. P.China. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co.R. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. The production capacity is 60. The capacity of PET downstream product filament is 60. They disclose the company will not sell PET chip in the future. The capacity is 160.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. In 2002. Main products of this company include: Polyester chip.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. 000m2. Address: Shaoxin Road. In 1995.Investment Company. Because raw materials are expensive.000MTs/year. 2) Situation of PET in 2005 . Ltd. Spin materials.000MTs/year.. the capacity of PET Polyester reached 60. At present. Chemical products. Chemical fibre. V-3. .25 Sichuan Guangkang Chemical Fibre Co.
The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. P. In addition the company is exclusive producer for PET in southwest District and northwest District.000MTs/year.China (PET films factory) No.000MTs/year non-fibre-grade PET chip.R.37. 000. The company has passed ISO9002 and got American FDA certification.Cai Website: www.000MTs/year. However. Shantou 515041. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0. and monthly output is more than 3.000MTs/year PET project in 1995. 8603975 Fax: +86-754-8251298 Person to Contact: Mr. it supplies PET products to long-term clients as well. Ltd. Guangdong Province.78 and above 0. Shantou515041. Here the products occupy 95% of polyester chip in marketplace.com. V-3. At present. P. Xu.soe-film. its production capacity is 40.85. of the 60. Daxue Road. and started the first phase. 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. Guangdong Province. Huange Road. Mr.R. Address: North side of Xigang Bridge.000MTs.. The Production capacity is 40. The price of bottle-grade chips is RMB11.China (PET resins factory) Tel: +86-754-8231485. but they disclose this price is negotiable. Sales and Export Most PET chips produced by this company are consumed by the company itself.26 Guangdong Shantou SOE First Polyester Films Co.cn 1) Company Background 124 . 30.
. Major PET chips include film grade and bottle grade bright chips. Ltd. Ltd. Shantou SOE has equipped two sets of independent additives preparation systems. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company. 125 .008-0. It produces PET and BOPET.Shantou SOE First Polyester Films Co. Film products of this company include: audio base grade PET films packaging grade PET films hot .... (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. Ltd. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE). Shantou SOE First Polyphenyl Co. SOE consists of Shantou SOE First Polyester Films Co.036mm) and width range is 330mm-1500mm. Ltd. 2) Situation of PET in 2005 Production The company is a joint venture.PET and co-PET chips.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.. Quanzhou Quangang SOE First Polyphenyl Co.. (Shantou SOE) is a joint venture company. etc.. homo. film grade PET chips are include audio base film. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. etc. video base film and packaging PET films.
table-water bottle and so on. P.000MTs. PET chip includes film grade and bottle grade. Price & Packaging They claim the company has many species of PET film products. 000.com 1) Company Background 126 . film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. and it increased to 15. They comment that the prices are slightly high. and they can produce different species according to clients’ requirements. With respect to PET chips.upc-chem. the consumers mainly distribute in local area. But because production capacity is little. they claim the company started to commence the production in 1990. Their products are sold in China and aboard such as Europe and America. film chip with additive and bright film chip (without additive). Urumchi 830019. and film grade chip has two species. They claim the production technology and facility of BOPET was imported from German Bruckner. The price for film chip with additive is RMB10. 500/MT. the production capacity is 3.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. Sales and Export The company has imported and export license.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. Species. R.000MTs/year currently. 500/MT and RMB11. The company adopts glycol and PTA as the raw materials. Xinjiang.They claim the company has been producing PET film for more than ten years. They disclose that at present his company has no PET stock for packaging industry. later than PET film production.000MTs/year. 000~RMB30. At that time the designed capacity was 12.000MTs/year and the output last year is claimed to be 3. They disclose their clients purchase PET products to produce drink bottle. which are produced by the company itself. canned bottle. V-3. They disclose that the market of PET chips was not very good last year. The prices are effective for about one month. At present.
zbcfc. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. carbon dioxide.com 1) Company Background 127 . 1.China. Current price is RMB10. burning-proof bubbling foam materials and liquid ammonia.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998. engineering and transportation. Southeast Asia and Middle East.R. UPC consists of Chemical Factory. They estimate the price will go up next month. Ltd Address: Hangzhou Bay New Zone. resin powder. Zheng Website: www. Sales and Export They claim UPC has import and export license. material supply. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years.000MTs/month at most. Power Plant as well as some specialized service organizations such as equipment installation. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. 200/MT. It has already established serial development and production organization of relative products such as amino. Zhejiang Province. Cixi 315334. long-efficient urea.000MTs/year. P. The Chemical Factory of UPC has passed the ISO9001: 2000. Products of UPC are sold in China and exported to many countries and regions such as Russia. Plastics Plant.. But usually they don’t export PET chips V-3. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. amino-plastics.28 Zhejiang Zhenbang Fibre Co. Current output is 700~800MTs/month.
P. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. The company was established in May 1997. Ltd. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. and also provides consultation and service of polyester producing system.. 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.300 employees and covers an area of 635.2 polyester fiber factory. The production capacity of PET chips is 1. Ltd.R. The production will not be resumed until Sep 15.000MTs/year. V-3. Zhejiang Zhenbang owns No. The production capacity is 20. Ling Website: www. Ltd. Ltd. Luoyang 471003. (Luoyang Nanfeng) is held by China Airbome Missile Academy. It has 1. The company’s differential PET chips include: 128 . and holds the stocks of Ningbo Donghong Fibre Co. Ltd and Ningbo Anbang Fibre Co.000 square meters. Its annual capacity is 200.000MTs/month after maintenance. Henan Province. Luoyang Nanfeng specializes in the research and production of different polyester chips.29 Henan Luoyang Nanfeng Polyester Co. All PET chips produced by this company are for sale.com 1) Company Background Henan Luoyang Nanfeng Polyester Co..lypet. The company also produces filament with PET melt.. They claim the company is an integrated enterprise and have been producing PET chip for two years. Address: Lichun West Road.1 polyester fiber factory and No. (Zhejiang Zhenbang) was founded in 1990.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr.Zhejiang Zhenbang Fibre Co. Its total assets have reached RMB1 billion.000MTs/year..
Price They disclose that the factory price is RMB10. 129 . They are willing to offer bottle and film grade chips for long term. 500~10. The company also produces bottle and film grade 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.600/MT. but the quantity is small.000MTs/month. They disclose that the company mainly produces special PET chips. The company carries out production according to purchasing contracts. The production capacity is 1.
130 . The company will be put into production in 2006. the registered capital of Anhui TSF will be USD12 million.1 Anhui TSF Electric Materials Co. metallized film and film capacitors. Anhui Province on Nov. It is a sub-company of SK Group in Korea. According to the contract. Address: Tongling.. Ltd. Ltd. SKC is the fourth largest polyester film producer in the world and the largest in Korea. 2004. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co.. and dicing tapes for protecting and holding semiconductor wafers. Anhui Province. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. About SKC SKC was established in 1976.. and Anhui Tongfeng Electrics Co. Ltd. latest type electronic elements and energy-saving power equipment. SKC mainly produces polyester film.V-4 Potential New PET Manufacturers V-4. solar control window film for automobiles and buildings. information and electronic materials such as thermal ribbon for video printers. (Anhui TSF) in Tongling. Anhui TSF will produce polyester film for capacitor.R. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. Ltd. and also produce imaging. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. P.. which can be used in almost all white goods. Anhui Tongfeng mainly produces a complete series of capacitor film.China 1) Company Background SKC Co.
131 .V-5 Closed PET Manufacturing Sites Not available.
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