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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
that in North America will slide down from 50% in 1990 to 41%. Some PET producers have announced to invest new PET facilities. Recently the price of raw materials rose again.Executive Summary 1. However. For instance. together with the antidumping tax imposed on the PET imported from India. 760/MT in Dec. and the price ever rose to USD1. Due to the strongly resuming demand. there will be a 1.000MTs/year in 2006. Asia becomes the key region of PET demand. 3 . PET manufacturers still can obtain profit because the cost of raw materials dropped. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. the price of PET in North America goes up. DAKAmericas. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. The growth rate of PET demand in Asia especially China is the fastest in the world. However. that in Europe. Middle East and Africa will still account for about 30%. According to statistics.25 million MTs/year increment of PET production capacity in 2005 and 500. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. the import of low-price PET will strike the United States in 2007. it is estimated that the import of PET in the United States will keep stable this year. Because of the high operation rate and large price increment of the raw materials. the import volume of PET in 2004 decreased 44% to 150. As the demand off-season comes and the price of raw materials slides down this year. 2004. the price of PET decreased USD209/MT. the price increment of PET in the United States was as much as USD594/MT.000MTs compared to 2003. decreasing import as well as few newly-built facilities. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. As the application technology gets mature increasingly. Global Overview of PET . and PET producers have increased the PET price RMB88/MT since Aug. Indonesia and Thailand by . Although the growth rate of demand is higher than that in Europe and North America. Although the International Trade Commission of the United States decides to nullify the import tax on PET.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. In 2004. It is estimated that the demand of PET in Asia will account for 29% of the global demand. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. 2005.
easy to re-airproof.8% of global PET was used to produce chemical fibre. The proportion of fibre-grade PET will drop in future years. It is predicted that such situation will turn better until the price of raw materials falls down. In 2004.6 million MTs in 2004. PET is mainly applied in fibre. transparency. the overplus of PET production capacity in Asia was about 2. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. it doesn’t react with other drink and produce ill odor. At present. In developing countries. In 2002 the PET output volume in the world was 26. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market. and this proportion will be up to 17% in 2005.7 million MTs. 54. about 14% of global PET output was used to produce film. Since PET entered the market. In future years. At present. In past years. In 1995. Because the capability of PET resin is steady.4 million MTs/year. Asia-Pacific will follow North America. PET producers in West Europe restrict the import of PET through antidumping. the product is used for many fields for its excellent properties such as light weight. more than half of global PET was used to produce chemical fibre. mineral water and other packing fields. and North America will become the largest market in the world with the consumption volume over 250. In 2002. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers. which will reach 4. bottle and film fields.6% of total consumption. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. The operation rate will be as low as 60%. film-grade PET will take a larger part of PET production in the world. At the present the PET has been applied in drink.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. especially in Asian countries the growth of PET polyester and its raw materials was remarkable.000MTs. especially the price of materials is low. black tea. and the application in other fields only accounts for 1. 4 . with the consumption volume of 235. oolong.000MTs.4% in Chinese bottle marketplace.8 million MTs in 2003. the consumption volume of bottle-grade PET in the world was 5.In 2004. the press on the profit ability in European PET industry will continue to exist. and the global consumption of PET bottles arrived at 6. If new PET facilities are put into production on schedule. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015.5 million MTs. and in 2004 this volume increased to 31.
The consumption volume of PET products in China increases at the rate of 8. Chinese PET production capacity accounts for over one third of global PET production capacity. which will drive the consumption volume of PET. far higher than other countries. 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. From 2005. it created conditions for Chinese polyester products moving to international market. In China. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. 5 . Chinese polyester filament output increased 24%.5%. With respect to the output of chemical fibre. Meanwhile. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. the output in China grew rapidly in 2004.2. and its proportion in global chemical fibre output increased from 36% to 40%. Although the rate of operation of PET in China was not enough. accounting 42% of the global output. the average annual growth rate was much higher than that in the world. about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). PET Market in China During 2000 to 2004. China is a large PET consumer. accounting for 49% of global output (exceeding 7 million MTs). and polyester staple fibre increased 22%.
magazines. The aim of this report is to provide basic understanding to the Chinese manufacturers.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. even if they already stopped. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. Consumption Patterns of PET and Price Trends. The information in this report is dated to Sep. production. market view. raw materials. In order to obtain the details situation of Chinese manufacturers. etc. The appendix-Manufacturers in China. All the Chinese manufacturers have been located. either those who are active in production or those who are idled now. extensive telephone interviews have been conducted. discussing and summarizing the production situation in China form aspects of present production situation. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. In most instances. etc. production level. technology. consumption. consumption. export. journals. in order to uncover the situation of each producer from aspects of capacity. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. The detailed findings of each manufacturer has been edited and summarized for reference. 2005. plan.10RMB 6 . This report is presented in five parts: The main body-Technology Development. etc. introducing the major producers in China based on the extensive telephone interviews. etc. Rate: 1USD=8. Market Trends and Forecast.
few PET producers take this technology in China. then PET can be obtained through polycondensation reaction. After polycondensation reaction between PTA and EG. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 .000MTs/year PET chips production line into production. Ltd. Sinopec Yizheng Fibre Chemical Co.2 PTA Technology PTA technology adopts PTA and EG as raw materials. I-1. most of the PET manufacturers adopt two production technologies to produce PET polyester.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. PET product for distribution is produced. At present. put its 60. DMT technology and PTA technology.. The following is the brief introduction of the two technologies. The production flowchart of PET is as follows: PTA Esterification. and cutting PET into chips or granules in water.Part I Technology Development I-1 Historic PET Technology Trends In 1984. I-1. Now in China.
2:1. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). The mol ratio between EG and PTA is within 1.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. The key points in the second step include: • • • • In order to shorten the reaction time. during the esterification phase. Thus the polymerization degree and reaction speed can be improved. The reaction balance should be broken to let this reaction move to the right direction.1~1. and be various in terms of various reactors. the reaction pressure should be higher than atmospheric pressure. The optimum reaction temperature is within 275~290 ℃. Time for polycondensation reaction is two hours at least. And the reaction temperature should be higher than the boiling point of EG for the same reason. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET. • • 8 .
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.
There are special requirements on the bottle top. stretched and blown plastic after being deposited for more than 24 hours. if PC is taken as the material of bottle top. 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.I-2. I-2.6. I-2. the equipment of this process is simple. 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. One-step process is also called thermal forming. However. while the energy consumption is low. If the material of bottle top and bottle body is PET resin. while the production of bottle blanks and plastic-injection. Two-step technology is that pipe blanks are heated. only two-step process can be adopted. The automatization level of this process is low while the energy consumption is high. Here the definition of two-step process is different from that of cold filling PET bottle. being stretched and plastic blown. then to another position. the investment needed is not large and it is easy to operate and maintain it. stretching and blowing in the twostep process are completed by two separate machines.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. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. The two-step production process of hot filling PET bottle is: 10 . The automatization level of this process is high. both one-step and two-step can be adopted to mold the bottle top first. stretching and blowing molding machine. In general. Because of the special requirements of hot filling PET bottle.1 Introduction of Cold Filling PET Bottle Molding Technology At present. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines.6. The difference is that one-step process is completed by one plastic-injection. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. The one-step and two-step processes are basically similar.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. the molding process of one-step technology is unlike the process of two-step technology.
PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product. 11 . This method is widely used in hot filling PET bottle production at present.
three categories of heat endurable polyester bottles have been developed.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. Thermal forming bottle is fit for 85℃ filling requirement. I-3. In order to replace the glass bottles and metal cans packaging in beer. which makes the fresh-keeping period of beer in PET bottles reach 100 days. Therefore. Therefore. highly obstructive performance is attached more and more attention. 95% of beer in China is produced with pasteurization method. the bottles can endure over 90℃. liquid and other infiltrations. highly obstructive PET is mainly used in food and beverage packaging industry. preventing water or vapor from damping the products. they are constructing new factories and plan to carry out large-scale production. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. They are thermal forming bottle. processing and PET performance improvement. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. At present. which will be a profit spotlight. equipments. I-3. Even minimum oxygen in the packaging container will make the taste of beer changed. They adopt co-injection and blowing pulling technology. as the major function of PET packaging material. I-3. After thermal forming.4 Multi-layers Technology 12 . and the packaging requires enduring 6267℃. preventing aromatic flavor from emanating out. preventing CO2 from emanating out. At present. These requirements become key problems in the development of plastic beer bottle.5L and 2L beer bottles. Meanwhile. and are developing 1.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. At present. PEN has a high heat enduring performance. It can be produced into over 80℃ hot filling bottles. I-3. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. tea and other drinks needing hot filling packaging. milk and fruit juice industries. for the huge future market potential.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. They have experimentally produced 350ml and 500ml PET bottles. such as preventing oxygen from oxygenating the food.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. while the lost of CO2 in the beer will have impact on the bubble effect.
the purchasing managers respectively from Coca Cola and PEPSI. Amosorb is a positive interlayer. which was headquartered in Britain. Mr. At first. The demand of EVOH increased 13 . Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. And later BP purchased Amoco Corporation. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). As transparent polyester. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. EVOH and MXD6 and PEN. I-3. Even though the high price and the challengeable recycling job. In China about 70% of products from Coca Cola are distributed by distributors. EVOH can improve the resistance performance of PET bottles over ten times. the two beverage giants in the world. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. The other question about multilayer bottles is the recycling question. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. Amosorb is used in the more profitable multilayer bottles.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. Barnaby Wallace and Mr. EVOH is an efficient material with high gas-resistance performance. Said Farha. commented by Farha and Wallace. In 1998 Amoco Corporation put Amosorb into commercial production. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. BP Corporation. Thus these beverage products need well-sealed packaging. developed Amosorb DFC that is a kind of polyester. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. 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.Three-layer or five-layer bottles can be produced. and is estimated as another method to improve the sealed performance of polyester. or carry out plasm disposal (ACTIS technology). Mr. Farha commented that the using amount of un-returnable drink bottles will increase. Switzerland. having permanent oxygen-absorbing function. which means that the low-cost well-sealed packaging bottles will have a huge market potential. used as oxygen absorbing agent in packaging industry.
chemicals resistable. On the molecular side chain of PEN. Although its gas-resistance property is improved.rapidly along with the rapid demand of PET bottles. lower gas absorption. They have produced semi-transparent beer bottle sample. heat resistable (Tg＝112～ 123℃). So PEN have good performances of gas obstructive. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. I-3. Nippon Gohsei constructed a 15.000MTs/year. Hull.81 million MTs). resistance property of which is 14 . complex technology and special requirements on equipment. In the United States and Western Europe. It is reported that the resistance property of NPET is stronger than ordinary PET.000MTs).7 Nanometer. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24.000MTs/year EVOH manufactory in Saltend. Chinese beer industry generally adopts pasteurization method after filling. the gas-resistance property and heat endurance of bottles have been improved. which meet the requirement of three to six months of retention period of beer. Meanwhile. it can be disinfected with alkali and recycled. difficult to be recycled. whose sales number of the bottles added up to 300 million. which reduces the cost. it is only adapted to asepsis filling due to its low heat endurance. In the United States the total market value of PET for bottles was about 4 billion pounds (1. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. and the market size of EVOH and MXD6 was about four hundred million pounds (180. thus taking PEN or copolymer of PEN and PET as raw material and utilizing through current PET bottle blowing equipment and technology to mold bottles is adapted to the development orientation of beer plastic packaging in China. The difference between PEN & PET is only on the molecular side chain.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. 2004. The above two methods have disadvantages of low transparency. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. UV obstructive (UV of wavelength under 383nm can be obstructed). The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. I-3. Miami and other five cities.PET Bottles In Oct. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. there are naphthalene nucleuses instead of benzene rings. Since 2002 the demand of EVOH in Europe has increased with 15% rate. England.
000 bottles an hour. 2005. A Glaskin TM bottle including label and faucet only weighs 34g. the fresh-keeping period is prolonged over 6 months. With stable and reliable performances. The future of NPET is favorable. thus less pollutant is produced during transportation. I-3. Compared with ordinary PET bottle.. put out its newly developed two technologies. This new technology can produce 0.2-2L consistent high resistance PET bottles. every product packaged in the bottle can achieve the longest storage life.000-18. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. It achieves the same effect as glass bottle does. Glaskin TM technology aims at highresistance packaging applied in beer. Glaskin TM is a patent technology of Tetra Pak. the transportation weight of each Glaskin TM bottle reduces 320g. which offers excellent gas-resistance and fragrance-keeping property to products. Meanwhile. Ltd. Because the layer is coated in internal surface of the bottle. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. for beer and juice market. injecting a layer of high-resistant polymer on the PET bottle top blank. Sealica TM technology adopts repeating injection technology. while the production cost is lower than that of glass bottle. 15 . Through improving PET’s heat endurance and gas-resistance properties. I-3. it will not be damaged in the process of transportation and deposit. Tetra Pak China Co. Its process adopts coating the internal of PET bottle a monox layer.9 Glaskin TM from Tetra Pak China In Apr. Therefore.said 3-4 times higher than PET bottle. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. The thin monox layer can be recycled by current PET recycling equipment. and its coating rate is as high as 6. the heat endurance property has been improved. this kind of products has already met the technologic condition of large-scale production. Glaskin TM and Sealica TM.
include capacitance film. chip for water bottle. Film-grade PET chip is used to produce film. Its specifications mainly include chip for carbonated drink bottle. Generally. chip for edible oil bottle and chip for hot filling drink bottle. Its specifications include semi-dull chip. insulated film and so on. bright chip. bottlegrade chip and film-grade PET chip. PET chip can be divided into three types: fibre-grade PET chip. super bright chip and cation chip. 16 . widely used polyester with the biggest production volume. magnetic-film. Fibre-grade PET chip is used to produce polyester filament and staple fibre. Bottle-grade PET chip is used to produce bottles.I-4 Product Types of PET PET chips are the earliest developed.
Italy. Facility Almost all major PET producers in China adopt PTA facility to produce PET. silicon. and the step of technologic innovation falls behind at the same time. there is a gap between Chinese technology and foreign advanced technology at present.I-5 Comparison of Chinese and Foreign Technologies Before 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. neither in foreign countries. zirconium and natrium and their mixture. With respect to the total reaction time. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. aluminum. Product Quality 17 . In general. Currently. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. 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.5 hours for foreign producers. it’s about 10 hours for Chinese producers while 3. France. Some companies aboard have already started to develop the catalyst system using lanthanon. Japan. the technology applied by Chinese PET producers was introduced from foreign countries. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. Britain and the United States are the main technology sources. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. Catalyst Amongst most catalysts used by PET production facilities. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. the usage volume of stibiumcategory catalysts accounts for 90%. Chinese producers usually adopt comparatively low temperature and pressure. German. At present. However. while there is a big difference on the conditions of esterification process in China and abroad. There are few DMT facilities in China. This is similar to overseas PET producers. there are few such breakthroughs in China.
It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. there are still three major restriction factors in PET production which Chinese PET technology cannot solve. as well as certain pressure-endurance. including weak intensity of melt. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties. Technologic Bottleneck Currently. slow crystallization speed and weak stabilization of size. 18 . there is few difference between Chinese and oversea PET products in terms of environmental protection.Generally. German BASF Company. heavy metal and ash. processing performance as well as the content of aldehyde. The PET engineering plastic products of American GE Company.
SKC is a sub-company of SK Group in Korea. In addition. which is a Sino-Japanese joint venture project started construction in Jun. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. and it will be put into production in Sep. power. which have great influence on PET production in the world. The total investment of the whole project is about USD1 billion. and its annual production capacity will reach 2.000MTs/year PTA facility put into production. and the cost of production in China is low. including labor. named TSF. Daxie Mitsubishi PTA project will build 600.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. 19 . the largest single production scale in the world. it will become the largest PTA project. The total investment of its first-phase project is USD314 million.000MTs/year PET facility in Zhangjiagang. Ltd will hold the remaining 75% stake. Mitsubishi Daxie Mitsubishi PTA project. will have a 900. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. the fourth largest PET film producer in the world. SKC South Korean SKC Company.the fourth generation Mitsubishi PTA technology.6 million MTs.000MTs/year PTA production line. etc. and corresponding 50. After being put into production. 2005 in Daxie Island of Zhejiang Province. producing and marketing PET film in China in 2006. water. will set up a joint venture. who will offer the raw materials of film-grade chip to TSF. more and more foreign companies. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-.000MT-grade liquid chemical dock. TSF will achieve sales revenue of USD17.. products produced in China are distributed in local regions. TSF will produce polyester film for capacitor. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. 2006. come to China and set up factories jointly with Chinese large chemical fibre enterprises. Therefore. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. Ltd.. After three phases projects completed.14 million.
Ltd. it has 50.. (CWRC). Shanghai Worldbest Co.. Ltd. Ltd. which will be put into production in the third quarter of 2006. With total investment of USD114 million.000MTs/year in 2004. and Hong Kong Qiule Development Co. FET Far Eastern Textile Ltd. a wholly subsidiary of Korea Kohap Group in China. FET has two production lines of PET. Italian Radici Group Changzhou Worldbest Radici Co. which makes its total PET production capacity reach 450. Nanya Plastics Corp.. the largest non-fibre PET chip producer in China.000MTs/year polyester filament.000MTs/year.. FET Shanghai is a sub-company of FET..000MTs/year. Taiwan Formosa Chemicals & Fibre Corp. jointly set up by Italian Radici Group. Taiwan Formosa Chemicals & Fibre Corp. plans to set up a second PTA facility in Ningbo. plans to build a 350MTs/year polyester project in Kunshan. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. CWRC also invested Euro 65 million into a 165.000MTs/year in 2004. Changzhou Andenie mainly engages in producing and marketing bottle-grade. Taiwan Nanya Plastics Corp. but the schedule has not been fixed yet. with total production capacity of 220.000MTs/year. CWRC’s PET chip capacity is 270. 20 .. invested a 600. film-grade PET chips. Huvis Huvis plans to build a 220.. It is put into production at the end of 2004.- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. Ltd.000MTs/year PTA project in Ningbo. planned to increase its 30.000MTs/year polyester staple fibre and 290. Formosa Chemicals & Fibre Corp.000MTs/year PET production line project. announced to enlarge its production capacity of bottle-grade PET. Ltd. Its production capacity is 220.000MTs/year polyester filament capacity to 130. Zhejiang Province.000MTs/year polyester staple fibre facility in Sichuan Province. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. Ltd. (FET) is an important polyester producer in Taiwan.. Jiangsu Province. In addition.
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,
The price of edible PET materials once roared from RMB 7. Most imported PET is from Taiwan. such as strict requirements on plastic processing machines. while China only imports a small quantity of PET. the PET price has increased from RMB8. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products.5 Customs Tariff In 2005. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future. high production cost and environmental pollution caused by recycling difficulties. China is a attractive market for foreign PET producers. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. 710/MT in 2003 to RMB13. China needs to import PET products from foreign countries. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. South Korea. multilayer compound technology is the mainstream of PET obstructive packaging technology. raw material supply and sufficient investment.7% and 2%. according to the commitment of China’s entry into WTO. large investment in equipments. PTA and PET. Chinese government lowed down the import tax for products of polyester chain including PX.7 PET Price Price is a very important factor that influences the sales of PET. Therefore. foreign competitors have the advantages in terms of technology. It is likely to reduce the import price for PX. PTA and PET by USD5~10/MT.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. complicated processing control. Because the raw materials for PET production in China mainly depends on import. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. and some PET giants have already set up companies in China. which makes domestic manufacturers feel pressed.5% to 6. The cost of beverage packaging material PET accounts for half of the product cost.500/MT to RMB14.31%. Therefore.5%. and the United States. which directly stimulated the price of beverage 23 . II-2.growing 19. these unfavorable factors have limited the wide application of PET in China. Japan. 100/MT in 2005. These technologies have many unfavorable factors. II-2. the tax rate of PTA was reduced 0. infiltration-resistance and radiation-resistance is still a blank in China. Meanwhile. Taking beverage industry for example. 000MTs/year. In China. it’s estimated that the production quantity of this kind of products will increase at a high speed. II-2. During the past two years. and that of PET and PX was cut down 1% to 9. On the basis of the tax rate in 2004. It is estimated that this volume will keep double-digit growth in next few years.
In addition. It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. 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.product to increase sharply. 24 .
or the improvement degree is not enough. it still cannot supply enough PTA and EG for PET production. shortage of raw material as well as capital problem.12 million MTs respectively. Although there are some new or ongoing projects of PTA and EG. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry. while the output of PTA and EG will be 3. However. the gas-resistance performance is a technical problem remaining unsolved at present. China’s total demand of PTA and EG in PET production will be 11.5 million MTs and 3. Technology for PET production is still in the process of research and development. and the production capacity of these two materials will increase a lot in recent years.II-3 PET Production Difficulties In China. Advanced technology can improve production output and reduce production cost. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. mainly including technical difficulty. It directly increases the production cost of PET. Chinese manufactures have to import raw materials from abroad. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. especially the PET bottle manufacturers of beverage and beer industries in China.1 Technical Difficulty Technology is a key factor influencing production. II-3. Therefore. the shortage of raw materials will still be a serious problem in Chinese PET production. In 2005. II-3. or the performance-improved PET materials bring difficulties for the recycling of bottles. II-3. there are some difficulties of PET production. Therefore. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. while as of now none of them was really accepted by PET users. domestic supply of raw materials is far to reach the demand.74 million MTs and 1.2 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.15 million MTs.3 Capital Shortage 25 . beer and wine industry.
26 . Capital problem is another serious problem in PET production in China.PET is a capital-intensive and technologic intensive product. Some PET manufacturers in China stopped some of its production lines for capital shortage. It needs large capital investment in every production sector.
much more fibre-grade PET will be used to produce polyester filament and staple fibre. Aiming at Chinese chemical fibre market. The upstream and downstream products are out of joint. mainly depending on polyester fibre with low value-added in domestic and oversea market. Especially after the textile quota was nullified in 2005. - - - - - - II-4. The demand of domestic chemical fibre has not obtained great breakthrough. Chinese PET products are inadequate. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. Polyester fibre products account for about 90%. Chinese government attaches importance to environmental production. - - 27 . far lower than the 35% average level in the world.II-4 Competitiveness of Chinese Production and Supply II-4. which consumes a large volume of fibre grade PET products. especially the environmental protection will be the next barrier to China. Current Chinese polyester industrial chain is serious unbalanced. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. while non-fibre products only account for 10%. Thus thin film grade PET consumption will keep incredible growth rate in the world.1 Distance and Problems Compared to PET production in foreign countries. The contradiction of product structure is serious. China has the biggest beverage. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market.2 Prospect and Opportunities China has the biggest textile industry in the world. The United States and European Union set many handicaps to Chinese chemical fibre export. China is also one of the biggest manufacturing bases of electronic products in the world. there is a large distance and many problems in Chinese PET production. beer and food production industry in the world.
- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business. 28 .
000MTs. 29 .1 PX PX is a principal material of PTA. the cost of raw materials accounts for about 75%~80% of the total cost of PET production. During 2002-2003. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. In China. In 2003.1 Demand & Supply Situation Because of steady growth of demand.II-5 Raw Material Supply Situation At present.21 million MTs to 3.50 million MTs. thus it is an indirect raw material of PET.12 million MTs/year which demanded 2. the production capacity of PX is predicted to increase 1.74 million MTs. China needs to import large quantity of PX from abroad every year. However. as Chinese polyester industry grows rapidly. while the production capacity of PX was 2.1 million MTs in China. II-5.1. hitting a historic record and increasing 72. The capacity construction lags far behind the growth of the demand. Up to the end of 2005. China imported. the new capacity increment of PTA was bout 1. According to custom statistics.36 million. due to large demand gap. most PX in China is used to produce PTA.4-6. On that occasion. the production capacity of PTA in China reached 4. It is predicted that the gap between PX demand and output will widen further. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. At present. II-5. while the increment of PX was only 450. the global PX consumption is mainly concentrated in PTA field. the production capacity and output of PX increase continuously.6 million MTs. By 2006. Since 1990s.5 million MTs/year.8 million MTs. the supply gap of PX in China will be up to 1. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5. China is the largest import country of raw materials for PET production in the world.1% compared to 2000. The supply of PX produces much influence on PET production. with the consumption volume accounting for about 85% of total PX consumption. 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. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007.
a PX giant in the world. Indian Reliance Industries Limited (RIL). huge PTA demand caused the PTA shortage problem. 2004. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. 2005 for about 40 days. II-5. regardless to the claims form downstream buyers. which will probably result in regional tense supply. announced to stop its PX facilities in Jamnagar in Oct. Many PX facilities. It shows that domestic price of PX was relatively stable since Jan. - Even in sometime.2 Pricing of PX The following table describes the price information since Jan. on the other hand. while the import price of PX kept rising during this period. especially facilities in South Korea.- Many new PET facilities were put into production in the past years. thus the PX supply situation becomes more tensional. are under checking and fixing.1. 30 . RIL’s total capacity of PX is 1. the price of international crude oil keeps on increasing. 2004. and no new PX installations were put into production.35 million MTs/year. The reasons for the price increment lie in that on the one hand.
500 9.720 9.820 9. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1.800 9. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.5 million.830 9.700 9.500 Import Price.450 9.300 9.1.500 9.800 9.000 980 II-5. while the consumption of PX by PET was 10.2 PTA II-5.2-1 Pricing of PX since Jan.536 9.750 9. 31 . 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.500 9.750 7. China needed to import large quantity of PX from abroad. the output of PTA in China was 3.2.Table II-5.1 Supply of PTA in China In 2004.350 9.600 9. CIF MCP. RMB/MT 9.630 9.6 million MTs. Therefore.625 9.650 9.640 9. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.
4 Zhejiang Hualian Sunshine Petrochemical Co.1-1 Major Chinese PTA manufacturers No.0000 530. Ltd. 14 BP Amoco Zhuhai Chemical Co. Zhejiang Shanghai Tianjin Luoyang..000.000 530. 9 Xiamen Xianglu Group Co. The following table shows the consumption volume in PET production in China and its growth rate in past ten years. Zhejiang Ningbo. 15 Petro China Urumchi Petrochemical Co. Shandong II-5. Ltd. Ltd. Jiangsu Capacity. Ltd. As the raw materials for PET production. 3 Sinopec Yizheng Chemical Fibre Co. 8 Mitsui Chemical (Shanghai) Co... 10 Shaoxing Zhanwang Group Co. MTs/year 1. Ltd. 2 Petro China Liaoyang Petrochemical Co. Ltd. The consumption of PTA in China’s market has accounted for 30% of the global consumption. Liaoning Yizheng... Xinjiang Jinan.000 500. Ltd.000 60. Ltd. 16 Jinan Chemical Fibre Group Co.000 350. 6 Mitsubish Chemical (Ningbo) Co.000 400.. Ltd.000 1 Sinopec Yangtze Petrochemical Co. Ltd. 7 Far Eastern Industrial (Shanghai) Co. 12 Sinopec Tianjin Petrochemical Co.2. Hangzhou. 32 . Chinese PTA market will keep on increasing.000 980. Jiangsu Liaoyang. PTA has maintained a stable consumption rate during the past ten years. Zhejiang 5 Ningpo Dupont Co.. Fujian Shaoxing.2.. Ltd.Table II-5.. but about 60% of domestic PTA demand depends on importing from other countries.000 450. 13 Sinopec Luoyang Petrochemical Co. Ltd.2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China.. Guangdong Urumchi.000 500.850. Ltd. Total Ningbo. Ltd..000 450.. Henan Zhuhai. Ltd. 11 Sinopec Shanghai Petrochemical Co. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year.000 3.000 350..000 75. Zhejiang Shanghai Shanghai Xiamen. Ltd.. PTA import. Manufacturers Location Nanjing..000 350.000 900..000 75.
90% 9.24% 10.167 7.300 9.525 8.2.000 11.966. MTs 4.900.150 9. RMB/MT 8.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.120.000 5.000 7.730 8.260 Import Price.200 9.775 9. USD/MT 1.850 8.795 8.000 10.200 8.424. Table II-5.2. 2004 to Sep.515.653.040 8.000 6.15% Growth rate The following table shows the price information of PTA during Jan.000 4.000 9.69% 9.536. 2005 in China.405.030 970 965 1. 2004 to Sep.95% 9.000 9.110. The average domestic price stood at about RMB8.960 8.900 8.20% 9. CIF MCP. 33 .740 8.2-2 PTA Price during Jan.25% 8.100 8.000 5.300 8.Table II-5.000 8.750 8.29% 13.560 8. and average import price was USD890/MT. 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.860.830 8.020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 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.000 8. 700/MT.99% 9.
II-5.3 EG (Ethylene Glycol) II-5.3.1 Supply of EG in China In 2004, the output of EG in China was 1.05 million MTs, while the consumption volume of EG in PET production was 3 million MTs. Therefore, China need to import large quantity of EG. Actually, China imported 2.57 million MTs of EG in 2004. The following table lists the top 10 EG manufacturers in China and their production capacity of EG. These manufacturers are suppliers of EG and some of them are also the consumers of PTA. Table II-5.3.1-1 Major EG manufacturers in China
No. Manufacturers Names Owned by Sinopec Sinopec PetroChina Sinopec Sinopec PetroChina PetroChina Capacity, MTs/year 262,000 225,000 159,000 100,000 80,000 60,000 60,000 50,000 42,000 40,000 1,078,000 Percentage 24% 21% 15% 9% 7% 6% 6% 5% 4% 4% 100%
1 Yangtze Petrochemical Co., Ltd. 2 Shanghai Petrochemical Co., Ltd. 3 Jilin Petrochemical Co., Ltd. 4 Maoming Petrochemical Co., Ltd. 5 Beijing Yanshan Petrochemical Co., Ltd. 6 Liaoyang Petrochemical Fibre Co., Ltd. 7 Fushun Petrochemical Co., Ltd.
8 Xinjiang Duzishan Petrochemical Co., Ltd. PetroChina 9 Tianjin Joint Chemical Co., Ltd. 10 Beijing Dongfang Chemical Factory Total Sinopec Sinopec
II-5.3.2 Consumption Situation of EG in China At present, EG is mainly used to produce PET and antifreeze in China. In 2004, about 84% of EG was consumed by PET products, and 16.2% was used to produce antifreeze and other products. Although Chinese EG production capacity and output grows rapidly, the supply of EG still cannot meet the increasing demand of in domestic market because of the strong demand from polyester industry. China needs to import large quantity of EG every year, and the import volume presents an upward trend year by year. And this trend will keep in coming several years. The following table lists the detailed records of consumption as well as import and export information of EG in China in recent 10 years.
000 Volume 4.145.676 2.700 2.957.700 1.100 1.300 31.900 1.100 2.200 100 200 2.900 788.482 660.083 1.000 Production 550.173 489.906 Production 106.013.000 Consumption 656.400 35.500 883.600 1.050.966 2.005.418 127.100 969.410.402.700 843.700 1.100 558.400 749.763 740.462.844 581.900 23.600 199.100 2.Table II-5.052.500 807.000 23.537 228.127 2.049.163 1.572.901.900 3.900 707.517 317.597.200 566.000 2.034 389.600 1.516.300 308.530.639.156 3.737 143.300 3.224 560.062 170.500 906.182.587.800 907.3.000 3.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.038 882.300 1.400 230.600 5.019.000 Volume 205.094 Import Export Apparent Consumption by PET Consumption by other 35 .
RMB/MT 9.870 9.980 9.200 10.300 9.960 10.960 9.500 9.850 11. USD/MT 1.500 Import Price.030 970 1. 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.600 10.300 9. CIF MCP.960 9. 2005 in China.900 10.100 890 775 800 855 880 945 36 .930 9.110 1.750 9.060 950 985 995 1.The following table shows the price information of EG during Jan.085 1. Table II-5.200 9.860 9.800 10. 2004 to Sep.790 10.890 10.3.050 1.500 10.065 1.2-2 EG Price during Jan.070 1.020 980 990 1. 2004 to Sep.
the apparent consumption from domestic end users for PET chips has developed very quickly in recent years.II-6 Historic PET Market Development PET industry was started in China in 1987. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. Before 2004. The average growth rate is 36. tea drinks and sports drinks are made of PET materials. purified water. During the past ten years. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. With the rapid development of China’s economy. PET capacity in China had expanded 15 times. In China. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. In China. Terylene fibre industry approached the edge of deficient.6%. PET growth rate has maintained a high level for over ten years. PET manufacturers and users are optimistic to the future PET consumption market. 37 . PET recycling becomes the big problem since the production and consumption volume of PET has become very big. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. the output and apparent consumption volume of PET in China grew at a double-digit rate. The global PET development speed is dropping. and China only imports a few of PET from aboard. At present. far higher than the global average growth rate. PET has become one of the most important petrochemical products in China. PET bottles’ wide application will continue to drive the development of PET consumption. China has gradually become the biggest market for bottle grade and packaging resin grade PET. thus the production volume of PET in China has also increased at a rapid speed. which is six times to the average speed in the world. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. or bottle grade PET is the fastest. the average growth rate of output volume speed is 104%. from 1995 to 2004. the output of PET in China can basically meet the domestic demand. 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. especially in China. which in Asia. the growth rate of packaging resin grade.
value as well as unit price from 2000 to 2004. Explanation: HS Code 39076011. Value.864 223.238 265.425.1 PET Import Information in China The import volume and value of PET products in China increased year by year.404. USD Price.579 Average Unit Volume Value. the value went up 48% and the unit price rose 9%.131 477. the import volume increased 36%.339 351.589. The following table lists the import and export information of PET in China in terms of volume.297 2. 39076011. 39076019: Other PET chips. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume. 38 .967 123.835 183. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.500 230.151.124 Price.262.418.600 167. 39076090 39076011: High viscosity PET chips.377.028 8057 95072.195 630 657 718 3.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes.669 169.671.279. 39076019.600 68144800 191. 39076019 and 39076090.396 342. 39076090: Other primary PET. Comparing the import in 2003 and 2004. USD 855 795 717 856 1083 Export Average Unit II-7. USD MTs 2000 2001 2002 2003 2004 506.300 147.400 6. USD 628 1.179 318.
770.985 93.873 14.362.661.634 667.997.266 15.842.661.121 15.248 2.293.1.458.327 13.547 5.253 12.571 39076019 14. USD 179.165 25.162 20.898 31.865 1.360 18.444 8.910 13.773.956.884 8.361 Total 37.082 17.457.043.668 1.291 17.314 16.678.504 18.814.104.766.509 626 1.860 17.877 18.294 8.235.198 19.954.671.350 19.037 13.878 Total 22.682 230.431.728 1.993.748.729 116.720 1.723 6.544 13.366.270.005 1.868 5.736.859.344 2.339 16.111 18.164 152.466 15.946 17.591 28.500.299 4.143.958.724 37.755 10.589.950 20.333 2.860 26.440 2.320 7.302 1.471 6.264.1 Import volume and value in 2003 Volume.297.467 5.834.356 22.532 15.261 5.037 10.165 1.845.457.701.267 7.882 7.751 4.350 6.406.869 1.016.234 39076090 6.227 351.053.245 28.570.988 5.175 2.796 27.846 21.676.009 19.008.481 1.954 14.141.944 9.961.396 39 .072 9.532.973 25.338.359.581 13.942 6.683 Value.709 6.849 20. 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 1.443 11.451 11.445 2.906 40.Table II-7.778.993 9.716 1.115 2.577 39076019 39076090 22.202.603 7.986 33.976.535 39076011 1.779 8.276 12.508 1.488.131 20.830 1.
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
The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.418.221.541 169.331 10.208 2.843 12.315.248 10.008 1.259 2.395 5.490 52.003 9.176. Japan.695 41.313 5.412 7.485 20.875 2.706 Value.968.971.504 205.856 7.988 2.617 10.115 1.377 9.055 759. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.598.126.445.851 4.104 736 2.930 12.767.676 37.923 64.235 10.140.000.171 2.413.638 2.910 33.342 8. USD 10.864 7.246 114.590 II-7.287.046.646.812 19.635.971 285.394 2.530.523 3.236 157 209 117 21 9.201 32.575 1.018 694.593.030 9.719.073 9.292.390. Taiwan.389 2.3-1 Import origins in 2003 under HS Code 39076011 No.692 Total 18.087 746.057.786.989 41 .505 2.248.429.442 810. Table II-7.556.3 Import Origins According to import records in recent years.483 2.060.053.152.035 28.982.335 4.294 2.860 35.579 748.571 3.525 814 1.568 788 847 1.996.352 345.463.584 153 51 817 1.503.905 7.612 39076019 39076090 Total 16.561 283.731 1. MTs 10.415.524 1.376 23.655 Value.042 6.935 2.233 4.883 1.769 11.114 8.761 1.120 2. Korea Rep and United States are the major import origins of PET for China.661 124.254 184.108.40.2069.589 3.377 8. 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 15.218 198.823 2.572 183.464 4.332 41. USD 657.Table II-7.2 Export volume and value of PET in 2004 Volume.063 3.335 136.888 20.201.938 17.928 7.011 8.268 2.395.285.880.125 14.484 186 19.056.083 2.543 39076019 39076090 831 1.205 9.110 3.565.407 2.508 4.2.922 9.430.272.297 39076011 13.513 6.
3-2 Import origins in 2003 under HS Code 39076019 No.434 43.776 5.198.770.212.341.778.112 896 740 739 288 249 214 178 145 114 100 234 152.954 116.099 127.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.228. 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.535 107.187 29.334 1.019 171.327 Value.284 152.Table II-7.220 531.490 1.235.245 413.774 9. MTs 93.263 548.054 58.981 58.519 1.985 42 .410 85.254 23.582 9.019 984.193 2.729 1.084 511. USD 64.821 17.043 1.
3-3 Import origins in 2003 under HS Code 39076090 No.081 160.064 12.725 625.980 615.849.622.980 1.892 Value.369.511.504 2.647 5.954 5.863 2.Table II-7.280 838.902 24.488 1.085 2.496 4.817 732.537.496 6.587. USD 17.587 4. MTs 29.255 2.673 1.996 1.397 6. 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.679.565.318 17.449.711 624.087.016 895.034 5.148 21.641 314.995 1.987 6.983 1.209 8.309 43 .347 22.423 516.016 2.979 779.896 784.317.473 1.193 1.959 2.059 1.041 80.128 2.948.
495 12.536 74.306 692 282 203 200 117 65 56 45 13 14.463 Value.565 62.871 24.123 4.532.376 Value.654.751 348.506 334.731.294 649 533 338 263 169 146 134 129 432 164.726 346.392.356 216. 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.224 1.539 1.304.809 163.391 33. MTs 94.963 5.745 Table II-7. USD 91.948.658 3.063 38.788 36.341.Table II-7. USD 9.375 4.483 4.731.148 8.573.068 7.083 228.195 2. MTs 8.189 455.680 1.385 44 .988.669 11.187.509 90.230 90.673 893.926 16.3-4 Import origins in 2004 under HS Code 39076011 No.3-5 Import origins in 2004 under HS Code 39076019 No.466.380 580.742 1.606 758. 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.139 197.710 220.730 20.
882 11.209 10.949 22.118 297.126.428.709.922 2. 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.089 1.340 2.067.585 6.818 4.853.191 2.743 827.787 1.658 1.632.860.859.788 792.594 4.355 29.243 2.781.730.455 4.911.438 11.371 3.120 2.056.960 11.888 1.492.140 4.467.268 8. MTs 39.011.048.688 4.062 3.942 2.361 5.757 5.214 Value.565 10.3-6 Import origins in 2004 under HS Code 39076090 No. USD 25.951.022 1.966 8.422 7.334 18.720 2.302 17.380 507.420 12.931 45 .323 3.859.955 3.209 2.228 1.109 673.822 684.787.859 161.264 4.046 12.931 814.041.154 2.Table II-7.770 3.117.490.290.187.788.550 1.804 3.931.764 5.833 3.815 1.111 7.242.956 1.261.081.694 1.138 28.434 3.172 12.641 1.110 2.082 4.236 1.326 10.380 15.
150 4.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.360.409 14.000 2.518. Poland and Germany.794 11.983 12.000 990.750 2.691.618 Value.501 2.140.4 Export Destinations According to the export records in recent years.074.029.4-1 Export volume and value in 2003 under HS Code 39076011 No.000 352.700 3.758 1.250 580.000 300.000 287. Turkey.469 120. Table II-7.754 3.920 6.855 4.996 662.361 1.208.000 1.990 1.650 160.II-7. the top export destination of PET for China are Italy.000 862. USD 60.145.445 645.965. MTs 49.024.000 1. Belgium.500 12.668 1.239 46 . Kazakstan.000 230. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Destination Countries Italy (IT) Belgium (BE) Kazakhstan (KZ) Germany (DE) France (FR) Netherlands (NL) Hong Kong (HK) Spain (ES) Uzbekistan (UZ) Ukraine (UA) Lebanon (LB) Slovenia Rep (SI) Egypt (EG) Lithuania (LT) United Kingdom (GB) Russia (RU) Yugoslavia FR (YU) Greece (GR) Thailand (TH) Turkey (TR) Cyprus (CY) Indonesia (ID) Japan (JP) United States (US) Turkmenistan (TM) Others Total Volume.000 1.432.636 2.000 841.000 294.000 3.362.000 941.000 598. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.696.
000 3.143 70.208.111 11.825.246.896 156.903 2.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.982 2.Table II-7. 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.698 47 .655.000 3.200 1.4-2 Export volume and value in 2003 under HS Code 39076019 No.000 486. USD 31.462.000 689.000 504.451 1.000 120.251.232.000.127.000 210.525 1.000 345. MTs 26.554 300.000 8.000 1.714.000 3.900 1.141 Value.745 9.000 171.540 7.000 294.269 145.100 145.044 2.176.
010 3.605 3.540.568.957.734 1.601 2.040.120 240. 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.558 2.276 48 .Table II-7.000.854 2.210 864 380 289 228 199 194 189 186 152 126 315 30.000 3.613 2.306 31.000 125.300.000 93.740.000 60.040 237.000 200.600 1.119.050 109.000 4.000 2.494 1.000 1. USD 4.000 823.372.886.007 Value.000 400.050 1.625 3.270 240.4-3 Export volume and value in 2003 under HS Code 39076090 No.591 2.290 3.540 261.000 3. MTs 3.460.
169 1.493 2.188 1.570 2.799 7.110 3.219.015 79.103.486 2.940.219 6.794 3.544.101 4.Table II-7.4-4 Export volume and value in 2004 under HS Code 39076011 No.571 3.305.725.130.642 1.814 1.935.644 49 .008 1.254 5.418 2.437 2.518 1.000 5.370 9.408.055.884.626 4.381.780 1. MTs 13.859 8.370.661.592.512 1.423 1.575 1.776 1.289 3.203.407 6.008 1.795.878. 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.033.045 2.257 1.738.911 3.550.436 3.666 5.014 1.736.788 Value.622.788 89.775 5. USD 15.272 1.189 1.101 1.144 3.601 7.
098 500.385 1.533 2.618.580 1.347 1.038 4.074 920.063 Value.284 445.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.780 2.607 35.097.861.377 50 .262 2.719.265 2.065 37.737.163 568.049. 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.535 536.272 743.320.188 575.505 740. MTs 9.457 2.804.316 464.815.081 3.581 893.086 1.028 1. USD 10.467 614.Table II-7.293 450.724 1.4-5 Export volume and value in 2004 under HS Code 39076019 No.200.516 764.281 2.414 2.
Table II-7.060 1.117 179.299 3. 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. USD 2.454 94.909 319. MTs 3.700 2.285.096.590 51 .187 1.162 146.276 1.663 169.4-6 Export volume and value in 2004 under HS Code 39076090 No.342 123.330.808.679.467 455 373 210 210 99 75 60 169 9.799 9.692 Value.198 338.
Toray Saehan Inc. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co. which can reduce the import price for PX. PET to 2%. Chinese government lowed down the import tax for PX. PTA and PET by USD5~10/MT.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. Table II-8. It is a favorable factor for Chinese PET producers as the production cost. Ltd. 2008. 6. PTA.2 Tariff Adjustment in 2005 In 2005. including high viscosity PET chips and other PET chips.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. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. 2. 3.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. KP Chemical Corporation Huvis Corporation Saehan Industries Inc. Hankook Synthetic Inc. II-8.7%.5% and 9. 2003 to Feb. 52 .
and fall below 10% after 2008. respectively.2 Packaging Industry PET can be used as packaging in food and beverage industry. the growth rate will slide down gradually. edible oil and can food in past years and the forecast till 2015. Polyester is a major downstream product of PET. But the development of chemical fibre industry will still be a driving force for PET industry. However. the average growth rates will stand at 4% and 3%.1 Textile Industry Currently. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. beer. In past years more than 83% of the total volume of PET was consumed by polyester industry. while in chemical fibre market. textile industry is a big driving force for PET industry.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. II-9. The development of downstream products guarantees PET consumption and drives PET industry to develop forward. In 2002. Bottle-grade PET chips are used to produce bottles for drinks. chemical fibre accounts for about 65% of all materials in textile industry in China. edible oil and can food. By 2010. In future three or four years. 53 . The packaging of food and beverage industry is another major use sector of PET. beer industry. At present. II-9. Chinese textile products took 17% of the global market. During 2010 to 2020. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. polyester accounts for more than 80%. as the industry develops fast.
83% 17.71% 20.11% 35.550 50.07% 2010 280. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.55% 25.60% 35.547.2-1 Consumption and growth rates of four industries Year Consumption Volume.07% 25.00% 1.42% 1.271 22.15% 20.07% 1.747 17.22% 2.618.69% 20.42% 605.136.315 4. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.600 27.42% 2005 165.07% 2.43% 4.797 17.684 22.118.75% 57.552.894.016.22% 54 .948 -38.17% 25.43% 5. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.672 19.43% 2.434 17.Table II-9.996.180.630.224.299 43.911 46.71% 25.169 20.84% 20.345.22% 846.12% 57.00% 493.00% 2.65% 35.981 10.43% 2015 529.475 17. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.07% 1.60% 57.73% 57.117 -39.105.79% 17.484.234 23.06% 17.69% 35.234 30.337 26.00% 2004 138.42% 2.71% 17.877.065 43.22% 386.350.
MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.000 98.000 500.950. which shows that the PET market in China is growing.000 14.000 3.000 8.73% 34.04% 130.000 11.128.460.000 65.762 688.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.000 15.78% 52.000 1.650 136.000 40.659.841.89% 35.51% Apparent Growth Rate 55 .000.959.82% 20.52% 30.000 825.000.860 351.500.530.500.000 8.000 2.473 870.660 5.8%.000 5.574 100.783 259.500. the production capacity of PET in China has accounted for 35% of global total capacity.860 191.150.000 172.597 169.350.348 11.165 2.900 2.179 20.000 9.823 766. The following table records the historic and current volume of PET in China.000 1.000 2.648.000 4.000 11.000 390.191.435 756.000 420.000.000 1.670.373 139.12% 43.163 55.176.000 71.395 3.000 1.000 4.647.180 4.556.000 5.000.605 Output Volume Import Volume Export Volume Consumption 250.000.05% 60. Table II-10-1 Historic and current volume of PET.131 377.500.000 562.020.000 120. In 2005.
000 22.489.896.32% 12.231.000 30.870. import and export volume as well as the apparent consumption in China will increase year by year.634.000 27.600 324.280 432.300 29.000 28.147.500. But generally the growth rate in these fields will slide down comparing to the growth rate before.000 556.200 355.000 26.600 17. Bottle grade PET is mainly 56 .562.54% 8.964. It was a booming period for PET from 1996 to 2004.000 15.600 23.000 25. import and export as well as the apparent consumption of PET from 2005 to 2015. output.330.000 766.000 17.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.000 29. bottle grade and film grade. Especially after 2008.000 Output Volume Import Volume Export Volume Consumption 13.000 20.400 Growth Rate 19.09% 0.159.800 569.605. while that of PET export will not exceed 28%.606.000 311.22% Apparent Annual II-11. With respect to the output of PET in China.640 21.800 794.960 414.84% 8. In terms of import and export situation of PET in China.800 23.000 752.650.000 31.000 710. Such forecast is suitable for the apparent consumption of PET in China as well.000 23.063.81% 0.001.000 32.000. the growth rate of PET import in China in future years till 2015 will be no more than 16%.10% 8.667.000 27.000 802. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.246.000 672.000 25. while it will cool down in following years.000 676.000 654.213.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.820 21.640. Table II-11.600 20.124.200 32. The following table is the forecast volume of the production capacity.000 523. However.240. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.07% 21.000 28.300 21.43% 9.000 25. fibre grade.106.206.600 480.39% 8.30% 11. Fibre grade PET is used to produce polyester filament and staple fibre.100 13. the growth rate of PET output will drop below 10%. the situation is similar to the production capacity.000 857. the growth rate will slide down to less than 5% since 2008.700 772.193.050. the production capacity. In fact. the current capacity of PET in China has already exceeded about 30% of the demand.1 Forecast for PET volume to 2015.064.993.200.444. With respect to the production capacity.200 669.000 27.400 408.000 32. output.1 Forecast of PET in China till 2015 In the coming years till 2015.800.800 15.400 440.800 29.210.
4% was film grade and the rest 0. Table II-11. which with reduce the fibre-grade PET production volume.28% 4.consumed in packaging industry to produce bottles for drinks. In 1995.083.593 5. Film grade PET is used to produce film.38% 7. It is estimated that fibre grade PET will account for about 70% of the total PET.37% 736. The demand for PET will reach the saturation.03% 14.805 27.4% in 2004 to 19.86% 1.36% 2.11% 5. Among all the consumption sectors.740. fibre grade PET accounted for the most part of all PET products in China.468.853.020.315.800 323. 1.715 20.600 20.222.41% 25. many PET manufacturers will shift to filmgrade PET production area.315 243.921 857.15% 0.145.343 3.248.804.911.136.723 14.09% 6.565 17.454 192.587. bottle grade will take up about 20% and film grade will account for about 8% in 2015.268 16. edible oil and so on.44% 2.64% -11. At the beginning.85% 6.46% 30.15% 32.516 25.47% 19.65% 11.501.878 15.07% 14.744 429.51% 10.22% 2. and the consumption proportion will improve from 10. As the packaging industry and film industry in China developed.530 834.126.7% in 2015.541.510.960.023 II-11.45% 13.959 29.283.320 666. This trend will last to 2015.393 21.867 981.200 18.158.875.232.370 274.881 1.587.43% 1.62% 24.16% -1.020.275.713.46% 15.29% 6.152 12.79% 32.351.178.27% 23.93% 40.914 3.879.437 17. 0.08% 1.299 220.127.116.11 2.2-1 Forecast for PET consumption in each end use sectors to 2015.36% 12.415 3.98% 42.514 23.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.522. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.797 19.410.850.174 12.105 4.687.55% 6.13% 7. 98% of PET products were fibre grade. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.53% Sectors 65.667 626. the proportion of fibre grade declined year by year.20% 1. The following table shows the forecast volume of PET by each specification till 2015.73% 272.940 23.546 Rate -13.769 769.027. 57 .124 12.41% 13.542 32.084 Rate 25.498 6.47% 13.710 22.441 478. the growth rate for bottle-grade PET will be the fastest.387.5% was bottle grade.42% 1. over 15% annually.623.796 16.654 19.273 18.140 2.1% was used for other products.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 2015.229.389 243.43% 10.74% -20.792 21.75% 14.467 Rate 26.229 17.28% 1.381.991 21.486 3.
Zhuhai Biyang Chemical Co.1-1 Information of PTA projects in China Name Capacity. joint investing. there will still exist 3 million MTs of PTA shortages in Mainland China. The following table is the forecast of PTA consumption in coming years till 2015.000 700.000 500. In near future the PTA manufacturers are estimated to make strategies such as joint purchase.. Ltd.000 600.000 600. although all the PTA projects. Tenglong Chemical Co.000 600.4. Ltd... 530.. Mitui Chemicals Zhangjiagang Co.000 600.. run even to 90% of their capacity.000 500. including existing ones and potential ones. to cooperate with PX manufacturers to maintain the PX supply chain and PX price.000 500. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co.000 600.000 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 2010.000 600. Far East Industrial (Shanghai) Co. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co.. Ltd... Ltd. Ltd. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co.000 600..000 900.1 Forecast for PTA The demand of PTA in China is expanding.000 800.4. Shanghai Petrochemicals Co.000 600. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co. Zhejiang Tongkun Group Co. Ltd. Ltd.000 200.II-11.. PTA supply relates much with PX.000 500. Ltd.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 2005.4 Forecast for Raw Materials of PET in China II-11..000 600. Ltd. 58 . Table II-11. Ltd.000 600. Ltd.
000 18. The domestic production capacity cannot meet the increasing demand.30% 5.16 million MTs/year in 2007.960.440.630.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.31% 7.000 21. 200/MT.760.02% 7. and in China’s market it will be over RMB12. Asia especially China will be the most important EG consumer in the future years.000 14. The international price for EG will be over USD1.4.000 13.500. And more foreign EG products will flow into Chinese market.15% 8.540.840.000 20.000 Growth Rate 9. consumption by PET production as well as consumption in other fields in China.980.000 17.21% 6.Table II-11.01% 5.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15.480. export.010.86% 6. China will have a strong demand for EG in the future years.35% 4. The situation of oversupply will appear.97% II-11. the competition will be very intense. and mass import will be necessary.000 16.52% 12.000 15. apparent consumption. 500~1. The following table is the forecast of EG in future years till 2015 in terms of its output.8 million MTs/year and 14.4.2 million MTs/year in the world. import. And it’s estimated that the two figures will exceed 22.000 22.5 million MTs/year and 16. MTs 11. 59 .000 12.270.24% 6.300/MT in the future months.
674.063.135.801 4.128.83% 5.000 Volume 2.506.000 Volume 28.770.158.600.881.587.338.246 3.750.999 877.000 1.57% 7. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.000 1.100 4.413 3.157.000 32.000 3.581.500 31.944.720.321.750 35.000 3.717.000.000 2.2-1 Forecast of EG in China till 2015.147.273.478 642.490.000 3.600 32.860.244.854 762.39% 3.000 3.060 952.500 4.940 4.453.000 3.000 30.000 1.846 Import Export Apparent Annual Consumption by Consumption in 60 .273.63% 5.356 728.087 692.948 912.140 5.77% 5.000 34.000 1.707.000 2.000 2.250 6.200 30.680 3.444 3.000 5.46% 4.400 4.141 4.965.21% PET Production 3.000 3.000 3.961.148.800 4.599 803.578.719.467.152.430 5.340.000 3.000 1.27% 3.68% 6.482 4.314.000 3.320 Consumption Growth Rate 3.321.928.963.834 Other Fields 602.4.630.000 1.860 33.000 2.000 5.Table II-11.000 2.900 31.27% 4.318 4.488 5.541.763 992.682 833.89% 4.570 34.499.000 2.419.522 3.116.
883 126. The following table records the consumption volume of PET in each end use sectors in past ten years.456 177.00% 35.58% 201.450 7.69% 62.319 582.35% Grade 3.217.18% -44.43% 1.00% 266.283 3.423 63. industrial fibre Bottles or pails for beverage.668.500 22.788 17.85% 15.000 478.00% 253. 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.515 25.173 1. edible oil and others Tape films Engineering plastic 61 .63% 88.686.579 The following table is the end use structure of PET in China in 2004.890 45.526 4.604. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.250 1.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.12% 199.842.21% 41.783.48% Rate 250.59% Growth Resin Growth Grade Rate 250 1.822.423 63.180.379 225.458 4. Table III-1-1 Consumption of PET in each end use sectors.332.200 124. Although chemical fibre is still the biggest user of PET.451 33.094 66.883 126.94% 46.250 3.250 11.659.58% 57.904 2.675.112 75.649.79% 52.43% 29.20% 124.74% 61.150.06% 3.840 3.508 255.943 25.709 400. the consumption proportion is reducing.46% -1.792.507 2.377.417 2.962 95.09% 33.00% 42.071. the total PET consumption expanded over 40 times.00% 1.85% 92.63% 43. % 84% 10% 5% 1% Typical End Uses Terylene material.451 360. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.42% Rate 1.335 7. beer.250 11.99% 27.633 1.038 500.00% 176.579 17.000 3.670 8.11% 57.148 5.45% 48.736 9.788 17.365 19.193.150 411.67% 97.47% 169.217.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.860 39.00% 113.67% 100.800 1.
Easy to be recycled. III-2. 62 . Of all the textile raw materials in China. sales. The production.2 Technical Factors As China has not obtained many technologic breakthroughs. some technologic bottlenecks remain unsolved. . such as the gas-resistance performance. PET fibre accounts for 65%.III-2 Key Factors Influencing the Mass Consumption of PET III-2. which limits the widely using of PET bottles.Light weight.1 The Excellent Performance of PET Materials PET materials have many excellent performances. not bombing and hurting people. worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well.Lower cost. The worse gas-resistance performance requirement from beverage and beer industries has not been improved.Soft.Not easy to be broken. . . especially in daily-use chemical field. export and consumption of textile production will all produce an impact on the consumption of PET in China. Meanwhile. products produced with PET material are more and more popular for following excellent performances: . PET fibre production accounts for about 85% total PET consumption in China every year.Easy to make into various shapes and packing specifications. . .Smaller occupancy of space. .Safer. III-2.Smaller energy consumption.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy. . Compared to other materials in packaging industry.Easy for transport. . .
550 578.113 81.17% 3.902.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.424 48. The following table lists the consumption volume of beverage.82% 11.35% 11.96% 17.008.163 396.251.52% -18.104.22.168% 15.184.064.000 2.81% 86.405 453.742 523.857 3.438 11.688 368.358.76% 16.838 1.4.459 226.308.072 1.540.241.707. MTs Annual Growth Rate III-2. 63 .564 207.828 140.30% 39.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.618 783.321 2.130. Table III-2.1-1 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 585.587.642 167. The consumption volume rose from more than 2.4. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.559.606 348.4.929 33.861 182.85% 34.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry.000MTs in 1995 to about 150.307 19.533 2.900. 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.887 1.13% 43.159 1. III-2.320 304.102 2.410 2.622.691.000MTs in 2000 and around 1 million MTs in 2005.917 111.062 255.884.59% 48. can food industry and beer industry.814.892 2.25% 58.79% 21. edible oil industry.062 390.503.III-2.82% 24.853.379 119.72% 59.570 26.96% 27.948.141 235.280.201 4.591 980.080 76.92% 277.456.466.942.623 152.234.679 10.44% PET Consumption.387.467.602 286.213 41.14% 23.
320.087 22.302 9.000 685.864 436.279 46.091 37.852 61.44% 41.179 72.61% PET Consumption.035 66.28% 12.331 39.659 128.058 9.791.2-1 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 225.032 307.546 5.833.330. MTs Growth Rate III-2.415 81.737.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.4.916 24. 64 .443 916.107.872 29.111.562 14.26% 142.91% 25.937.832 73. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.879.787 64.070 107.123 350.138 1.50% 37.95% 67.74% 25.140.004 1.275 90.4. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.80% 18.73% 224.07% -4.96% 54.49% 12.23% 35.414 1.33% 12.781.The following table lists the consumption volume of edible oil.641.051.745 36.231 815.946.84% 3.544.936 182.259 6.38% 20.980 4.870.92% 19.24% 69.027.313.734.608 615. Table III-2.658 248.249 311. The following table lists the consumption volume of edible oil.154 48.198.540 107.773 726. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.911 585.874.591 701.223 750 3.77% 24.
937 213 792 2.269.236 23.062 30.47% 203.544 322.214.171.124% 55.476 172.83% 37.660 285.786 26. 65 .720.618.797 154.15% 30.333 30.660.447 228.760.88% 22.92% 139.406 5. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.970 5.570 62.52% 65.347 146.37% 26.38% 48.040 6.4 Beer Industry As a packaging resin.068 67.02% 43.537 107.936 179.598 78.596.938 11.618 45.761 8.08% 8.000 6.776.822 104.4. PET is well received by beer industry.95% 24.914 52.052.222 4.06% 3.154 16.176.796.4.108 30.38% 26.Table III-2.203 24. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.771.045.575.191 9.695 21.72% 58. The following table lists the consumption volume of beer.170 7.180.3-1 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 4.18% -5. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.489 95.67% 12.10% 18.744.722.096.138 272.931.92% 12.189 11.666 19.832 52.286 202.474. MTs Growth Rate III-2.282 50.921 85.62% PET Consumption.
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.
079 186.009 57.358 135. MTs 199 593 2.06% Growth Rate 67 .62% 121.623 5.99% 13.34% 23.01% 25.776 72.938 32.5-1 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% 17.95% 80.77% 52.645 99.350 42.200 165.070 159.49% 342.797 264.4.90% 26.16% 50.35% 29.800 8.525 210.728 17.69% 12.128 198.03% 34.42% -5.702 11.86% 3.Table II-2.208 325.16% 7.21% 43.257 142.53% 26.890 78.86% 37.
283 3.000 2.000 10.000 5.000 8.44% 86.458 4.09% 33.000 4.071.000 6.54% 89. The following table records the information of terylene production and PET consumption in this industry in past years in China.377.000 2.990.000 7.000 9.79% 52.250.000.800 1.000 4.910.35% 41.000 6.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .000 5.000 4.250 1.822.000 Consumption 97.930.332.430.000 5.91% 245.000 3.250.99% 95.170.23% 84.470. Terylene accounts for 80% market shares of chemical fibre products.000 3.860.610.200.750.000 4.736 9.000 6.050.59% 83.904 2.15% 91.11% 57.686.62% 93.507 2.000 478.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.962 95.560.620.380.783.604.950.000 7.000 3.580.330.000 8.440. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.920.700.000 11.43% 29.000 6.000 2.20% 124.335 7.97% 84.792.000 3.000 9.000 Volume of Terylene Polyester Staple Volume Fibre 1. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.300.74% 87.800.000 2.310.530.00% 17.06% 33.180.950.960.000 5.
insulation materials.74% 61. which can be processed to packaging materials.379 225. 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.00% 42.500 22.250 11. Table III-4-1Historic consumption of film-grade PET in China.63% 88.21% 41.000 3.00% 253. The following chart is the consumption structure of PET film in China at present.456 177. tapes and other products.319 582. light-sensitive materials.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET).63% 43.59% Growth Rate 69 .508 255.85% 92.12% 199.150 411. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.094 66.200 124. Packaging materials takes a large proportion in PET film. followed by insulation materials and light-sensitive materials.
406 5.761 8.938 32.113 45. teas and sport drinks packaging.365 Consumption Consumption for others 199 593 2.938 11.623 156.540 107.728 17. PET bottles are the most widely used plastic bottles for juice beverage.702 11.179 122.936 182.658 248.199 184.350 42.740 31. purified water.916 24.250 63.776 3.524 70 .618 45.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.688 370.000 890.036 234.800 8.618 793. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.620 8.787 64.250 125.598 for Beer 189 868 3.570 62.181 1. edible oil.009 57.552 348.058 9.205.459 232.249 Can Food 213 792 2.751 567.III-5 Consumption in Packaging Resin PET can also be used to produce bottles. Table III-5-1 Consumption of PET in each packaging sectors.229 55.333 30. The following table is the consumption volume of PET in each packaging sectors including beverage. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.763 85.666 19.279 46.438 12.091 37.750 17.216 40.623 5. beer as well as other fields. can food.334 10.550 588.176 5.258 17.
panel. Household electric appliances: coil former in transformers on microwave ovens. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. motor frame. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. PET chips can be made into engineering plastic as well. print circuit board. The production cost is low. electronic socket connector. Only a few factories in China try to produce some products to replace import materials. Mechanical products: gear wheels. The industrial level of engineering plastic in China is very low. chair handles. windshield wipers. trundles. motor cabinet. pedestal. PET engineering plastic is widely applied in automobile. just a common blasting drying equipment and the mould temperature is within 70~90℃. The comprehensive performance of this kind of engineering plastic is very excellent.III-6 Consumption in Other Fields At present. and handles. pump shell. The requirements for processing conditions are also simple. structures & computer shells. household electric appliances. and switches. engine covers. panels. Furniture: pedestal. frames. only accounting for about 0. the overall consumption volume of PET in other fields is not large. 71 . fan propeller frame. construction materials and decorating industries. stator and rotor on electromotor. structures on OA equipments. instruments materials. electronic and computer materials. sensors. Automobile products: carriers. and large-scale industrial production of engineering plastic has not been realized so far.5% of total PET consumption volume. relay. vanes. inlet retainers. brackets.
The following tables list the top end users in each end use section in China. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. Ltd. Shanghai Zijiang Enterprise Co..000 150. PET is mainly consumed in Zhejiang Province. 72 . Ltd. Tianjin Kodak Light Sensitive Material Co.000MTs/year production capacity of PET film. MTs/year 14. is the largest bottle-grade PET consumer.000 Table III-7-2 The largest two end users of bottle-grade PET in China No. Ltd.. Zhejiang Tongkun Chemical Fibre Group Co. Ltd. Zhuhai Zhongfu Industrial Co. 1 2 3 4 5 6 English Name DuPont Teijin Films Co. Zhejiang Hengyi Group Co...000 In China.000 200. Ltd.... Jiangsu Province and Guangdong Province. Ltd.000 280..000 3. Ltd.000 180.000 3.000 400. The following table shows the consumption structure of PET by areas. Ltd.000 300. Ltd.000 5.. especially BOPET.000MTs/year production capacity of terylene. Zhejiang Yuandong Chemical Fibre Group Co.. is the largest fibre-grade PET end user as it has 781. Ltd. Shantou SOE First Polyester Film Co..000 6. MTs/year 781. and DuPont Teijin Films Co. Yizheng Chemical Fibre Co.III-7 Summary of Major End Users In China. 1 2 English Name Zhuhai Zhongfu Industrial Co. Capacity for PET Film. Ltd.000 350.000 260. 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. Zhejiang Cifu Group Co.. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co. Ltd. Ltd.000 160.. Ltd. Table III-7-1 Top 11 end users of fibre-grade PET in China No. Terylene Capacity.. Ltd. is the largest filmgrade PET end user for its 14. Xiamen Xianglu Chemical Fibre Co. Capacity.000 300.000 6. Ltd.
96% 2.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 28.70% 2.12% 1.63% 1.01% 73 .21% 31.74% 5.83% Percentage of Total in 2003 33.75% 12.90% 0.95% 10.97% 3.63% 3.32% 3.51% 29.78% 1.
47% 19.000 14. and the content for every PET bottle is 500ml.950.16% -1.850.060.000 4.62% 79.470.250. Chinese market of PET beer bottle has great potential.30% 11.900. So in order to keep the profit margin.268 16.393 21.000 10.530.000 6.000 13.145.85% 79.000 19.000 19. 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 8.700.230.500.28% Volume.000 18.723 14.000 5.437 17. the output volume of polyester will increase with an average annual speed of 4.700.000 16.796 16.650.000 5.200.587.850.090. Now in China the competition in beer industry is very intense and profit is smaller and smaller. the demand volume for PET beer bottles in China per year will be over two billion.875.000 17.000 11.000 83.90% 75.804.000 7.152 12.797 19.030.15% 0. Therefore.020.000 10.45%.083. But PET supply for polyester staple fibre production relates much to import PET.000 9.11% 5.310.000 12. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles. The manufacturers especially the middle and small manufacturers can feel this pressure.000 6.05% 81.67%. It’s forecasted that from 2005 to 2015.000 7.10% 72.550.180.000 15.410. 74 .000 8.178.600. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.200 18.030. and the output volume of polyester staple fibre will increase with an average annual speed of 7.040.130.60% 78. Staple Fibre.09% 6.29% 6.25% 70.710 22.50% 74.840. If 5% of total beer was packed with PET bottles.715 20.000 16.750. The fibre grade consumption will increase with an average annual speed of 7.950. 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.950.900.250.000 10.500.13% 7.000 8.853.000 14. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.51% 10.250.000 5.000.541.000 8.300.273 10.55% 6.21%.000 9.000 8.000 9.560.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.000 6. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.20% 76. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.38% 82.
75 . packaging industry and film industry.As anticipated. will develop in the future years and they will definetely boost the PET industry. including chemical fibre industry. the industries of downstream products.
76 . 2003 to Aug. the price of PET in China increased a lot in the past and will keep an upward trend in future years. 2005. IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan.Part IV Price Trends Due to the international crude oil hike. raw material shortage and other factors.
380 9.810 8.660 12.290 9.520 11.820 11.620 8.300 8.550 10.325 8.680 9.050 11.780 8.530 8.515 9.350 77 .815 8.895 7.850 11.430 10.240 8.560 8.770 12.690 11.550 11.855 8.335 8.650 13.350 11.060 8.855 9.660 13.350 12.995 9.465 8.550 11.355 9.145 7.300 12.135 8.825 11.935 8.125 8.510 11.685 10.560 8.880 11.520 8.760 11.350 10.735 8.855 9.455 8.210 8.985 9.480 8.890 11.455 9.795 11.055 9.255 8. RMB/MT 8.720 8.450 11.440 8.310 8.930 12.285 9.230 8.950 10.420 8.815 8.650 8.860 11.955 10.720 11.320 Thin film grade.560 11.450 9.550 11.865 9.525 8.255 11.950 Package resin grade.340 8.410 9.250 11.450 11.660 8.Table IV-1-1 Average PET price by three major specifications Time Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Fibre grade. RMB/MT 8.880 8.320 9.725 9.830 8.960 8.450 10.755 8. RMB/MT 8.835 7.
bottle caps and film labels made from food grade PET material. With the markup of petroleum and chemicals prices. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. the business of domestic packaging service suppliers is very good even though the PET price rose. 500~8. 000/MT. supply of raw materials. and the industrial profit might reduce 20% in fiscal year 2004. For the big manufacturers. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. 000/MT. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. IV-2. The cost of PET bottle. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. Therefore. Chinese beverage manufacturers are very concerned about the price of PET. 500/MT to RMB14. In Chinese beverage industry. On the contrary. The unit price for PET was 30% higher than that in the same time in 2003. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. they can reduce the pressure from cost markup by purchasing PET with big volume. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. bottles. demand from downstream industries as well as transportation cost. and the PET price is one of the key factors that decide the profit. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. only the large-scaled manufacturers installed the bottle-blowing equipments. they have to face the hardship. And only these equipments are in 78 . 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.000/MT to the peak of RMB14. PET accounts for about 50% of total production cost of beverage products. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. the unit price for PET material in China also went up from RMB7.IV-2 Factors Resulting in Price Changes In general. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. Because the draught and bottled purified water are all packed with pails. but for the middle and small manufacturers.
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.
.322 91..89 80 . Ltd. Co.340. Ltd.000 120.141. Chenghai Huaxiang Plastics Co.000 100.200 29.073 2. Shanghai Huili Tage Board Co.000 2. Shanghai Chemical Industry Supply & Sales Co. Ltd..740 320. Ltd.000 34.534.400 226. Shenzhen City Minghui Industry Co.150. Ltd.675 68.50 0.000 85. kg 2.953 189.82 1.80 1.08 1.000 27. 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.91 3.380 407. Ltd.. Ltd. Ltd. Honeywell (Kaiping) Industrial Polymers Co. Ltd. Dongguan Arts & Crafts Imp. Liaoning Huiming International Trade Co.589.635 200.375 16. USD Price. Wujiang He Cheng Trade Co.. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No. Beijing Huayuan Asia Pacific Tech Co.91 2. Guangzhou Duolilong Chemical Fibre Co..489 256. Volume.400 41. Fuzhou Dong Li Cosmetics Co. Ltd. Rexam Der Kwei Industrial (Shanghai) Co. Zhejiang Grand Import And Export Co.000 240.80 1.468 600.590..035 89.33 0.000 35.00 0.600 31. Xinhui City Jiaxun Electronic Trade Co... Ltd.71 1. Of Guangdong Dongguan City Kaiying Trade Co. & Exp. Ltd Shanghai S.000 174. Shanghai Heshibi Chemicals Co.91 2.78 0.000 36. Ltd.. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co..862 Value. China Liaohua United Foreign Trade Co.400 17.73 0.68 3.96 0. Taizhou Changshengda Plastics Co.000 17.. Shenzhen City Ding Tai Technologies Co.A..40 0.39 6.922 428.80 0..94 2.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..290 146. USD/kg 3.. by volume and value. Ltd.C Ltd.77 0. Ltd.90 0.489. Ltd. Ace Mold & Industrial (Shenzhen) Co.500 40. Ltd.000 524.000 64.849 32.650 33.366..78 1.000 920..950 32.062 1. Ltd. Jingyuan (Nantong) Chemical Fiber Product Co.94 0...500 203.68 0.72 0.000 20.45 1.749 2. Ltd. Ltd.356 53.. Ltd.940 85. Ningbo Century Huan Yu Imp & Exp Co...80 0.000 34...000 60.000 92. Zhuhai Zhongfu Polyester Beer Glass Co.82 2.292 178.53 0. Ltd.400 2.000 445.000 475.600 275.760. Ltd.218 431. 39076019 and 39076090 in 2003 and 2004.000 139.208 114.000 78. Jm Shanghai Nonwovens Co. Ltd. Ltd.913 2. Tengxing Industry Co.222 2. Orient International Holding Shanghai Foreign Trade Co.037.60 1.777 151.200 60. Kunshan Litai Fibre Co. Ltd.86 0.000 100.000 23. Shenzhen Baoan Foreign Economic Development Co.155 108. Xiamen Zhongtian Plastic Co.000 2. Ltd..992 1.33 0.650. Ltd. Ltd.793 1..800 61. Ltd.
300 2.02 81 . Zhuhai Zhongfu Industrial Group Co..740 1.40 0. Zhuhai Bonded Zone Nan Guang Logistic Co.774 4.000 4.025 11.000 1.92 1. Changzhou Worldbest Radici Co.105 500 2...975 9. Shanghai Xinxing Imp & Exp Co.136 29. Ltd.649 19..11 1. Zhuhai Chilk Enterprise Inc Others Total 16.. Ltd.000 12.87 0.92 3.90 0.400 7.303.90 0. Ltd.605 1.532.90 0.400 20.85 1. Hainan Xingye Polyester Stock Co.000 4...883 1.932.352 2.025 10. Ltd.27 1.35 1.577. China-Base Ningbo Foreign Trade Co. Huizhou Xinfeng Packing Industry Co.90 0.00 0.729 1.85 0..000 2.26 1. Shanghai Hebi Electronics Electric Appliance Co.820 1. Ltd.581 3.861 13. Fuzhou Jianing Cosmetics Co.000 6. Ltd. Ltd.400 6. Ltd. Ltd. Shenzhen Longgang Foreign Economic Development Co. Zhangjiagang Bonded Zone Dong Hai Container Co. Ningbo Bonded Area Jinming Int'l Trade Co.110 10.675 5.34 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.814 2.000 1.50 2. Ltd. & Exp. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp. Ltd.419 20.400 6.50 2..45 0. Ltd.86 1. Ltd.254 128 2.13 0. Shanghai New Particle Plastic Paint Co. Ltd. Ltd. Ltd. Ltd.812 23.80 1.125 3.000 9.092 13... Yuming Exactitude Industry (Shenzhen) Co.550 1. Ltd. Jiangyin Beikaerte Steel Wire Products Co..97 0.700 1.000 40.000 2.230 20...260 14.795 1. Xiamen Hong's Enterprise Co.760 23. Company Shunde Xicheng Plastic Container Co.
692 2.504. Ltd... 25 Xiamen Huachen Clothes-Weaving Co.000 1.000 2. 13 China Zhongfu Enterprise Co.511.000 1.000.73 0.67 0.648 678.747 1.120 435. Ltd..70 0. 16 Jiangyin Wan Xiang Chemical Fiber Co.336 1.994.101 829.444 3.361.000 2.81 0. 27 Jiangsu Shenlong Business Out-Carving Group Co. Shanghai Haixin Chemical Fiber Co. 14 China Worldbest Group Colt. Ltd.77 0.52 0. Ltd.498.000 1. 32 Ningbo Bonded Area Honghe Store Co.. 12 Beijing Huayuan Asia Pacific Tech Co.822.000 879.933.440 807.386.011.79 0. 17 Xiamen Temao Xiangyu Development Co. Ltd.69 0.126.403. Ltd.& Exp..000 Value. Ltd.000 918. Fujian Province Qing Long Trade Development Co. Ltd.368.040. Shanghai Poly Technologies Co. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co.128.166. China Silk Industrial & Trading Corp. Ningbo Century Huan Yu Imp & Exp Co.890 602.188. Ltd. Ltd.57 0.78 0.001 967.70 0.879 1. 21 Beijing Alison Import & Export Co.513.547.100 1.326 2. 34 Zibo Huayang Sanwei Co.000 3.510 994.72 0.945. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.000 3. Ltd.000 3. (Nantong) 82 . Shaoxing County Light Weave City Weave Imp & Exp Co.845.697 698. Ltd.403 715. 30 Yuyao Global Trade & Technical Co.093 1.091 1.198 764.286.65 0.78 0. 24 Xiamen Xiangyu Taiping Commodity Circulation Co.000 1.657 2.367 6. Ltd.53 0.704.81 0.000 3..400 1. kg 8..389 2. Ltd.513.843 727.124.008.843.142.152 2. Ltd.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co.001 2.55 0.73 0.116 1. USD/kg 6.427. Ltd.70 0. Ltd.68 0.000 3..69 0.032. Ltd..78 0.255..131 958.000 1. Ltd.001 2.248 804..200.74 0.009 811.400 4.000 1.000 2.855 3. Ltd.664 2.775.508.69 0.000 1.000 1.79 0..386 1.565..79 0.521 1.899.84 0..017. Ltd.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No. USD Price.634 546. Ltd.513...68 0.692.052.812.79 0.69 1..709 1.218 0.738 1..000 1.451 976.751 1.996.000 3. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co. Co. 15 Shanghai Jianfa Industry Co.267. Ltd..80 0. Ltd.76 0.004.000 4.145. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co.500.452 2.000 2..075. Volume. 33 Shanghai Ailisheng (Group) Co. Ltd. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.007.000 1. 29 Dupont Hongji Films Foshan Co.139. Ltd. Ltd.000 1.64 0.042..600.063.. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.000 1. Ltd.000 1..232.313. 28 Shanghai Xinjiyuan Industry Development Co.000 3. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co.56 0..026.494. 26 Orient International (Holding) Shanghai Silk Imp.61 0...321 1. Ltd.126.64 0..780 730.000 13. 31 Shanghai Zhongwei Int'l Trading Co.510.001 880.. Ltd.644 1.78 0.64 0.000 2.000 1.
53 Sichuan Oriental Insulation Material Stock Co.63 0.655 414.80 0.985 0. 47 Shanghai Ruiyuan Import & Export Trade Co.134 116.68 0. Ltd.000 500.61 0. Ltd.000 494. 41 Shanghai Union Jibsen International Co. Ltd.400 347.Ltd. 56 China-Base Ningbo Foreign Trade Co.411 168. Ltd. & Exp.304 152.73 0. Ltd.213 376..65 0. Ltd.70 0.77 83 .778.. 42 Ningbo Yunsheng Imp & Exp Co.000 513. 48 Shenzhen City Hua Datong Rui Industry Co.925 158.000 496..293.792 171. 51 Zhejiang Grand Import And Export Co. 49 Hangzhou Anshun Fibre Industry Co.995 242. Co. 44 Shanghai Aj Imp.400 300.67 0.. Others Total 832.408 198.000 337.87 0...450 323.649.59 0.500 342.000 354.. Ltd.326.684 212.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.000 306. 45 Fujian Huamin Import & Export Corp. Ltd. 55 Ningbo Arts & Crafts I/E Corp.392 365. 43 Xiamen Yundang Industry And Trade Development Co.424 238. Ltd.55 0.93 0.792 333.430 204.77 0.000 323...60 0.880 48.42 0. Ltd.628 306.69 0. 50 Shanghai Ai Li Sheng I/E Co..77 0.050 306.520 427..310 379. Ltd. Ltd.800 494.. 46 Jiangsu Wuyang Group Corp. Ltd.000 504.53 0..190 259. Ltd. 52 Shantou Haiyang First Polyester Film Co.000 494. 54 Ningbo Bonded Area Gaoxin Counter Co.978 503.719 45.
700 231.36 0..221 2.30 0. 39 Shanghai Guochang Chemical Co.. Ltd.30 0.32 0.631 442.36 0.139.463.535..938. Ltd.200 3.348 1.177.32 2. Ltd.133 1. Ltd.437. 30 Dongguan Shangsha Shinghing Plastics Products Co.792 1.563.30 0. Ltd.255..37 0.009 2. 15 Jiangsu Easthigh Group Import & Export Co. Ltd. 19 Shanghai Jia Yi Chemical Ent Co.238.326 211.47 0. 24 Tianjin Daanxi Recycling Short Fiber Co.347 517.392.253.654 540. Ltd.000..30 0.42 0... Ltd.30 0.76 3.632.643.153. Ltd.916 299.000 770..000 1. Ltd.613 845.31 0.130 319. 10 Hongfujin Precisidn Industry (Shenzhen) Co.326 2..499 586. 9 Shenzhen Longgang Foreign Economic Development Co.057 873.850 1..49 0.30 0. 8 Deqing An Shun Chemical Fiber Industry Co.780 1. Ltd. Ltd.469 1.701.983 2. Ltd. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.972 875. Ltd.31 0...402 800. Ltd.087 719.858. 27 Shanghai Runnan Science & Technology Trade Co.692.27 0.32 0.396 3.725 423.29 0. Ltd.705 542.27 84 .64 0.38 0. 4 Hangzhou Sanxing Paper Co.873. 26 Taicang Wancai Regeneration Resource Utilization Co.815 108.181 1.495 979. Ltd.803 1.776 690.970 2. 31 Ningbo Younger Int'l Transportation Co. 5 Hangzhou Guotai Fibre Co.308 0.49 0.94 0. 14 Wuxi Hengdalai Engineering Plastic Products Co. 35 Anhui Anlike Toys Co. Ltd.499 509. USD Price. 13 China-Base Ningbo Foreign Trade Co.270 380. Importers Volume.30 0. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.749.348.545.30 0. 40 Kunshan Jianheng Fibre Plastic Co.293 4. 29 Jiaxing Litai Plastic Products Co. 32 Shanghai Sankai Commerce Development Co. Ltd.376 423.817 364.564 1.& Exp.040..312. Ltd.78 0.697.722.915 1.337 1..746 2. Ltd. 6 Jiaxing Guangshun Fibre Industry Co. kg 8.333 329. 7 Shanghai Nantian Economic & Trade Co. 36 China Packaging Imp.799 774...& Exp.291. 3 Shanghai Dafeng Chemical Fibre Co.977 1. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co.29 0.715 1.403 371. 18 Churong Environment Protection Plastic (Shenzhen) Co.001 789.80 0. 41 Zhangjiagang Dongcheng Fibre Co.700 1.311.271 375.134 2. 25 Hangzhou Anshun Fibre Industry Co.820.040.388 885.30 0.412 832.150. Ltd..500 4.985 4. Ltd..529.806.250 2. Ltd. 12 Jingang Chemicals (Kunshan) Co.817 228. 34 Ningbo Jingyong Imp & Exp Co.704 7.402.645 1.676 913. Ltd. Ltd.673 Value.33 0.275 874.. 16 Shanghai Dongjin Plastic Fiber Co.032 546. 33 Jiangyin City Changlong Chemical Fiber Co. 2.647.724 1..000 1. 22 Changzhou Jin Yang Plastic Product Co.42 0.222 1.407. Ltd.06 0.652 1... 11 Ningbo Ding Jia Imp & Exp Co.542 5.517 1. 23 Jiangsu Light Industrial Products Imp. Ltd.210.42 0.813 748.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No. Ltd. (Group) Co.263 1. Ltd. Ltd.305. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.433 634.542. Ltd.38 0.30 0.. Ltd.020.28 1.242 1. Ltd.062.636 653. Ltd.000 2.775 3.215 949.30 0.408 466. Ltd. 28 Yixing Luutian Fibre Co.261.001 687.30 0.28 0.
Ltd. Corp. Ltd. 57 Ningbo Xinxing Fibre Co. Ltd.70 0.150 158.846.38 0. & Exp.950 104.. Ltd.290 42.800 234. Ltd. 47 Cipic Shanghai Imp.32 0.160 64. Ltd.30 0. Ltd.440 134.540 81.30 0.385 179..115 210.000 268.30 0.65 0.921 56.777 188.227.46 0.30 0..28 0. Ltd.39 0.070 152.34 0. Ltd.000 628.156 91. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co..28 0. 59 Huzhou Tong Xing Plastic Co. Ltd.890 172.272 153. 64 Orient International Holding Shanghai Foreign Trade Co. 49 Shanghai Feilun Industry Co.77 0.581 399.883 114.30 0.30 0. Co. Ltd.237 93. 65 Yaxing (Taicang) Recycling Resource Development Co.173 116.119 178. 52 Yangzhou Hong Le Toy Chemical Fiber Co.650 149.430 29.27 0. 43 Laohu Powder Painting Manufacture (Taicang) Co.985 55.52 54 Shanghai Yongfeng Chemical Co..305 189...144 364. 60 Anhui Tianfu Fibre Co.28 0.. Ltd.359.100 342.29 0.739 61.739 56.. & Exp.30 0.893 84. 63 Zhongluu Industry Co. 61 Shanghai Lianan Plastic Product Co.115 102. Manzhouli Corp.474 215.272 110. Others Total 85 . 44 Hangzhou Keyun Metal Co..832 103.360 335.627 78. Ltd.27 0.450 46.900 486.995 142.30 1. 48 Jiangyin Longyi Regeneration Plastics Co. 56 Jiangyin Madi Recycling Co..692 0.. 58 Ningbo Fengshou Import & Export Co.860 305. 46 Zhuhai City Qingan Huanan Economics & Trading Co. 45 China Ningbo Cixi Imp.30 0.063 479..627 134.42 Humeng Foreign Economic & Trade Corp. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709. 62 Ningbo Zhongbao Imp & Exp Co. Ltd.883 91.407.333 51.453 106.742 46.. Ltd. Ltd.924 40. Ltd. Ltd. Ltd.877 31.30 0. Ltd. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co.380 183..289 87.32 0.
54 0.723 54.34 0.749 479.366 8.016 15. 12 Jiangyin Beikaerte Steel Wire Products Co. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.69 1.494.17 3. Tianjin Company 30 Shanghai Huiyou Storage Co.000 813.85 3..987 45. 35 Zhangjiagang Bonded Zone Dong Hai Container Co.86 1.779 1.763 17.913 20.893 19.11 0.600 5.. Ltd.87 1. 16 Zhejiang Grand Import And Export Co. 3 Zhuhai Zhongfu Polyster Beer Galss Co.628 431.000 16.243 9.00 1. Ltd. 32 Kunshan Litai Fibre Co.48 1.000 9. Ltd.53 1.606.900 2.91 3. Ltd. 24 Ningbo Younger Int'l Transportation Co.000 203.16 1..Z Huajian Electronics Co.. Ltd. Ltd. Importers Volume.138 103.246. Ltd. 10 Xiamen Zhong Tian Plastic Co. 25 Xiamen Xiangyu Shangyang Trade Co... 40 Ningbo Bonded Area Honghe Store Co. 8 Xinhui City Jiaxun Electronic Trade Co. 5 Xianglu Fibers(Xiamen)Co.145 41.345. Ltd.. Ltd.170...73 1..828 122.. Ltd. kg Value.50 1. 39 Shanghai Xinxing Imp & Exp Co. Ltd. 14 Jingyuan (Nantong) Chemical Fiber Product Co. Ltd.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No. 20 Hefa Vegetable Oil (Shenzhen) Co.99 1. Ltd.290 83..209 248.388 65.99 1.000 238.258 4. Ltd.794 69..965 10. USD/kg 1 Chenghai Huaxiang Plastics Co.90 1.000 7.10 0. Ltd.. Ltd.96 1. 6 Honeywell(Kaiping)Industrial Polymers Co. 31 Rexam Der Kwei Industrial (Shanghai) Co.000 10.585 73.172 364. 28 Ningbo Huaxi Int'l Trade Co.465 20.034 49..800 689. 4 Jm Shanghai Nonwovens Co.& Exp.227 2.072 29. 11 Beijing Hua Yuan Asia Pacific Tech Co.92 1. Ltd. 3....000 18. 9 Tianchang City Changxing Terylene Chemical Fiber Co.250 2.000 20.E.06 2.000 1.486 9.60 2.250 483.619 23. Ltd. Ltd.263 228. Ltd. Ltd..70 3.162 30.65 1..000 2.000 59.000 380. 26 Fuqing Jiaxing Toiletry Co... Ltd. 17 Tengxing Industry Co.22 3.134 143.29 0.987 36. Ltd.400 105.000 400.800 18. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co. Ltd.. Ltd.91 0. 36 Yuming Exactitude Industry (Shenzhen) Co.725. Ltd.881 1..799 40. USD Unit Price..974 55.78 86 .. Ltd.. 18 China National Construction Corp.28 0.612 46... 37 Shantou S. Ltd.000 187..839 37.097 16.071 11.64 3..160 9.000 75.750.05 2.42 0.05 0.000 11.06 1.825 63. 27 Dongguan City Kaiying Trade Co.. Ltd.000 35. Ltd. 15 Beijing Founder Import & Export Co.26 0. 29 China Packaging Imp.391 220. 23 Shanghai Heshibi Chemicals Co. 2 Guangzhou Duolilong Chemical Fibre Co.25 1.974 315. Ltd.35 1.556 47.515 32. Ltd.943 2..139 204.08 0.925 4. Ltd.91 1. Ltd. 34 Qingdao Ever Speen Zipper Co. 33 Fuzhou Jianing Cosmetics Co.675 890.818 1. 38 Shenzhen Baoan Foreign Economic Development Co. 13 Shanghai Huayuan Investment Development (Group) Co.287 138. 7 Taizhou Changshengda Plastics Co.000 61.058. Ltd.000 74. Ltd.000 60. Ltd..490.222 200.
93 0.624.95 0.90 0.. 50 Fuzhou Dong Li Cosmetics Co. Ltd.419 3.109 0.340. Ltd. Ltd.892.508. Ltd. 46 Lingwang ( Wuxi) Electrical Equipment Co.689 1.99 1.41 Shanghai Fangxin Plastic Mould Co. Importers Volume. Ltd..441. Ltd.522 3. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.631.423 4.000 2.89 0. Company 48 Haolai Chemical Industry (Zhongshan) Co.178.62 2.000 2.920 3. Ltd... Ltd.836 1.11 0.. Ltd.561 3.59 0. 43 Shenzhen Longgang Foreign Economic Development Co. 23 Shanghai Huayuan Investment Development (Group) Co..667 882. Ltd. Ltd..467.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.99 1..450. 14 Zibo Huayang Sanwei Co.000 2.000 1.63 0.. 13 Shanghai Zidong Chemical Plastics Co.000 3.970 957.000 3. 15 Ningbo Century Huan Yu Imp & Exp Co.80 12 Shaoxing County Yanzhong Trade Co. Ltd.79 1.199 14.000 3. 22 Ningbo Bonded Area Gaoxin Counter Co.676 1.00 3.368.645. Ltd..208. Ltd.583 5. Ltd.216. Ltd.000 Value.000 3.153 1. USD/kg 1 Shaoxing Tianlong Imp & Exp Co. 21..450.204.002 2. 24 Shanghai Jiuaifu Logistics Co. 5 Shanghai Hua Yuan Enterprise Development Stock Co.668 1.06 0.515.504.000 1..404.702 1. 3 Shaoxing County Light Weave City Weave Imp & Exp Co.01 1.714 6. 16 Xiamen Tongrun Industrial And Trade Co.022.500 1. Ltd.348 2. Ltd.51 0. Ltd.768.786 2.22 0.125.96 0.02 126.96.36.199.505 1.575 3.947 2. 6 Shanghai Haixin Chemical Fiber Co.08 0.500.868..09 0.96 0. 42 Shanghai Zijiang Special Bottle Industry Co. Total 4. Ltd. 18 Shanghai Jianfa Industry Co.218 3. 2 Shaoxing Textile Co. & Exp. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co. Ltd. kg 21.810 3.504. 10 China-Base Ningbo Foreign Trade Co.83 1.000 7. 47 Shenzhen Light Industrial Products Imp.605 884.510..251 998.554 316 23 11 16.554 3.93 1. 4 Dupont Hongji Films Foshan Co..(Nantong) 8 Yuyao Global Trade & Technical Co.989.000 1.900 8..756 1.000 900 300 1.050.55 1.218 4. Ltd.90 2.000. 7 Dongli Compound Fibre Co.000 1.071...85 0. 49 Shunde Xicheng Plastic Container Co..521.895 6. Ltd...761.234 4.000 5.91 0..018..058 1..410 1.360 2.000 1.345.472 5. Ltd.50 0. 27 Jiangsu Wuyang Group Corp.692.073.263.000 2.226.952.216 985.149.927 1. Ltd. Ltd.03 0..278. 17 Shaoxing Zhenya Weave Product Co.84 1.007. 9 Shaoxing County Nanfang Imp & Exp Co. Ltd.725 150 45 2.79 1. Ltd.000 1..98 0. 19 Zhejiang Xiongfeng Imp & Exp Co. USD Price.228.98 0.586. Ltd.Ltd.342.121 1. 87 . Ltd. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co.726 1.968.926.000 3. Ltd.00 5. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co..842 9.000 1..08 0. Ltd..716 1.68 0.684.545 806.391 4.000 4.
.170 54. Ltd.87 0.94 1.800 500.810 954.658 512. 29 Shanghai Justen Packing Material Co.87 0.227 289..615 252...80 0.000 400.309 186.90 0.048 500.13 0...81 0.360 1..000 651.024 300.000 100.971 360. Ltd.000 500.000 190.170. Ltd.. Ltd.84 0. Ltd. Ltd. 35 Jiangyin Wan Xiang Chemical Fiber Co.171 268. Ltd..942 100.544 760.91 0.55 0. 60 Xiamen Waitu Imp. Others Total 88 ..01 0.316 108.140 122..000 500.. Ltd.10 0.000 500. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.953 85.. Ltd.241 735.Weaving Co.126 60.447 0.353 396.969 455.000 136..86 0.80 1.000 454. 48 Nanhai City Jinglong Non. 59 Ningbo Haitian International Co.219.39 0.026. 57 Shanghai Zheng Bao Textiles Products Co.88 0.000 936.94 0.717 270.502.58 0.620 738. Ltd.356 163.171 109.328 440. Ltd.27 2.. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co. 39 Shanghai New Long March International Trade Co. Ltd. 37 Shaoxing City Longsheng Weave Products Co.962 550. 53 Dongli Compound Fibre Co.99 32 Ningbo Arts & Crafts I/E Corp.000 456.773 421.494 695. Ltd. 30 Kaiping Mingxian Monofilament Enterprise Co.77 0.. 58 Ningbo Dafa Fibre Co.90 2.403 406. Ltd.278 432.83 1.713 137.654 64.63 0.79 0.000 500. 56 Zhangjiagang Cheng Xing Chemical Fibre Co.969.000 521.70 1.493 818.68 1. Ltd. 41 Jinjiang Fu Xing Zipper Co. 38 Shantou Haiyang First Polyester Film Co.130 126.55 1.824 470.437 165. Ltd.763 646.496. Ltd.347 541.031 1.797 457.828 211.500 105.78 1.000 500. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co. Ltd... 42 Orient International Holding Shanghai Foreign Trade Co.580 239. 36 Ningbo Jiasaile Trade Co.873 178....85 0.74 0. Ltd. 52 Hangzhou Anshun Fibre Industry Co. 55 Jiangxi Fushida Trade Co. Ltd. Ltd. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co.. 43 China National Chemical Fiber Corp. 40 Jiangsu Shen Long Business Out-Carving Group Co.000 118. Ltd.400 272.(Nantong) 54 Nantong Huatong Fibre Co.03 0.613. Ltd.000 116. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1. 34 Shanghai Huaxing International Container Freigat Transporation Co.000 502. Ltd.000 500.28 Zhejiang Grand Import And Export Co. Ltd.173 212.580 379.000 171.10 0.87 0.115 572.287 440.57 0.
040 1.602 17.384.854.46 1...772 3. Ltd..41 0. Ltd.876.97 0.149 136.48 0.03 1.32 0. 11 Ningbo Younger Int'l Transportation Co. Ltd. 6 Fuyang City Fu Xing Imp & Exp Co.706 4.824.464 749.518 618.271.942. 18 Yixing Luutian Fibre Co.101.. 10 Jiaxing Guangshun Fibre Industry Co.431..19 0.754 342. Ltd.146 663.543 601.137 1.118 509..409.. 15 China Light Shanghai Imp.Corp.33 0.36 0.314. 33 Ningbo Fengshou Import & Export Co.664.116.66 0. Ltd. Ltd.634 11.39 0.248.43 0.40 0. 36 Zhuhai City Qingan Huanan Economics & Trading Co.50 0.36 1.30 0. 23 Shanghai Runnan Science & Technology Trade Co.470 1.804 285.082 1..807 2.453 2.730 322. Ltd.127. Ltd.55 0. (Group) Co. 26 Kunshan Jianheng Fibre Plastic Co.277 1.156 1. 35 Shenzhen Fbseg Industry Co.928 962.106 310. 28 Shenzhen Baoan Foreign Economic Development Co.103.41 0.000 2.03 0.33 0. Ltd.832. USD/kg 1 Ningbo Huaxi Int'l Trade Co.242. 22 Jiangyin Sanqiang Chemical Fiber Material Co.000 956.310 857. Ltd. Ltd.824 452. 20 Jiangsu Easthigh Group Import & Export Co.075 749..26 0. 9 Churong Environment Protection Plastic (Shenzhen) Co.603 1..725 1. Ltd.867 3.178 2. Importers Volume.049 229.730 12.490 664.014 0.079 431.789 479. Ltd. Ltd.201 4.142 964. Ltd. USD Price.371 8.67 0.515 253.832 537.33 0.378 3.802 1. 30 Dongwan Gaofuda Plastics Products Co.33 0..718 1.855.813 1.44 0.345. 17 Shenzhen Longgang Foreign Economic Development Co. Ltd.58 0.038..211. Ltd.62 1.682 420. For Assembling Affairs 32 Ningbo Xinxing Fibre Co. Ltd.696 3. 40 Shanghai Ge Lai Di Fiber Products Co.102. 27 Kunshan Anshun Fibre Co..38 0.612 3. Ltd.981 332.942. Ltd.000 696. 19 Shanghai Dongjin Plastic Fiber Co. 16 Wuxi Hengdalai Engineering Plastic Products Co. 25 Zhongcheng Ningbo Imp & Exp Co. Ltd.497 438.484.000 340. 31 Dong Guan Foreign Service Co.122.49 0.44 0.781.978 7.160 797.240 467. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co.723 378. 24 Shanghai Yongfeng Chemical Co.70 0.064. 89 . & Exp. 12 Hangzhou Sanxing Paper Co. 13 Jiangsu Light Industrial Products Imp.300 300. Ltd. Ltd. Ltd. 7 Hangzhou Guotai Fibre Co.431 2. Ltd.40 2. 14 Zhangjiagang Cheng Xing Chemical Fibre Co.837.& Exp.478 4. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co.213 2. Ltd.270 1.572 303.47 Unit 3 Shanghai Runtong Int'l Trade Co.307 347.45 0.284.071. Ltd.494. 8 Hangzhou Anshun Fibre Industry Co..219. kg Value. Ltd...419.694 1.049...425. 39 Shanghai Jia Yi Chemical Ent Co.083.048 1.. 21 Lili Industry (Shanghai) Painting Co.081 429.38 0... Ltd.751.495 3. Ltd.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No..184 3.479 1.50 0.419.646 985.232. 34 Hangzhou Keyun Metal Co.38 2. Ltd.80 0. 17.40 0.125 977. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.300 481.665 4.437 831.747. Ltd..055 827.766 1.196 287.134 1. Ltd.. Ltd..46 0. Ltd. 29 Zhejiang Zhenbang Chemical Fiber Co.
529 123.204 124.35 0. 45 Shengqin Plastic Cement ( Shenzhen ) Co.62 0...42 0.356 449. 64 Humeng Foreign Economic & Trade Corp.532 119. 65 Dongguan City Qifeng Foreign Trade Co. 46 China Packaging Imp.41 Shanghai Yawei Trade Co.550 368. Ltd.016 121. 48 Tianjin Daanxi Recycling Short Fiber Co.42 0.000 254. Ltd.31 0. Ltd. 58 Jingang Chemicals (Kunshan) Co.364.066 100. 59 Jiangyin City Changlong Chemical Fiber Co.58 0.174 513.615 161.147 229.850 164. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co. Ltd.636 250.80 0.42 0.. Ltd.30 0.500 329.250 242.874 66. 72 Wuxi Tianyi Int'l Trade Co. Ltd. 70 Ningbo Dafa Fibre Co. Ltd.. 63 Qiyuan Plastics (Shenzhen) Co. Ltd. Ltd.77 0.656 36. Ltd. 74 Shanghai Lianan Plastic Product Co. Ltd..513 297... 54 Shanghai Dong Hao Int'l Commercial Co.627 35.073 110.329 44.489 213.918 120.05 0. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co. Ltd. Ltd. Others Total 90 ..42 0.504 157.450 460.932 0.555 237.103 448.000 408.782 242. 44 Ningbo Ding Jia Imp & Exp Co.148 222.830 195. 43 Jiaxing Litai Plastic Products Co.518 56. Ltd. 50 Haifu Development(Shenzhen)Co. Ltd. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co.254 33.. 42 Dongguan Shangsha Shinghing Plastics Products Co..737 36.511 76..000 805.. 55 Changzhou Jin Yang Plastic Product Co. Ltd. Ltd.35 0.384 100. Ltd. Ltd..580 219.884 159. 53 Shanghai Yongkai Trading Co..056 570.30 0.269 490.. 56 Anhui Anlike Toys Co.000 252.529 260..757 251.432 236.003 205.213. Ltd. Ltd.231. 71 Shanghai Hanjia Metal Product Co..665 117.354 112.45 0. Ltd. Ltd.163 250. Ltd.50 1.30 0.549 179.828 179. Ltd. 57 Taicang Wancai Regeneration Resource Utilization Co.645 100. 73 Zhejiang Xinghe Group Industrial Co.05 0. Ltd.39 0.905 188.31 0.420 161.46 0..030 121.550 154..46 0. 75 Shanghai Feilun Industry Co. Ltd. Ltd..123 350.882 187.30 0. 61 Yingjunren Plastic (Shenzhen) Co. 51 Dongguan City New Technologies Imp & Exp Co. Ltd.42 0. 62 Hongkai Fibre (Quanzhou) Co.30 0..30 0.365 102. 545.54 67 Ningbo Jingyong Imp & Exp Co. Ltd. 49 Shanghai Jiumao Foreign Trade Co.463 99.046 46.77 0.333 149.959 233.170 105.32 0. 60 Pujiang Bai Lian Imp & Exp Co.333 108.61 0.31 0.& Exp.64 0.30 0. Manzhouli Corp.54 0.931.327 112.215 390..90 0.320 107.26 0.139 67. Ltd.85 0.000 707.30 0. Ltd. Ltd. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution..708 36.352 151..42 1.000 125.034 74.217 83.607 361.. 52 Shanghai Rongyi Chemicals Co.840 266..533 215.30 0.838 30.
The total production capacity of PET products is 320. with the production capacity of 320.000~15. P.V-2 Foreign Companies in China V-2. with the investment totaling USD274 million. DSR's production facility is equipped with technologies and equipment imported from Japan.000MTS/year of special polyester annually. 91 . (DSR) is founded in April 2002. DSR occupies a total area of 24 hectares.dragonsr. DSR also provides public utility such as steam.000MTs/year. heat through heat-transferring medium and electricity. the United States and Italy. capable of producing different grade of polyester chips. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. Han Jiang Website: www. Ltd. and current output is 14. 700/MT.000MTs/month. At present. and they comment it is not high.1 Dragon Special Resin (Xiamen) Co. The main products of DSR are bottle grade chips.com 1) Company Background Dragon Special Resin (Xiamen) Co. they produce bottle-grade chips but don’t produce film-grade chips. Address: Nanhai 1st Road. Sales and Export They claim SDR has import and export license. Xiamen 361026. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. Price They disclose current price for bottle-grade chip is RMB10. And the company is the exclusive distributor for some regions. Haicang Investment Zone... It is a wholly foreign-funded enterprise. DSR has a special PET production line.R. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr. But they refuse to disclose the names of those regions. Ltd. industrial grade chips as well as other related high quality products. three Solid-State Polymerization lines.
Shanghai Lianji covers an area of 294.Price and Specifications 92 . Ltd. Ltd. Zimmer AG.000MTs/year started construction on August 2002. in 1994. . Shanghai Lianji passed ISO9002 in early time.shlianji.com 1) Company Background Shanghai Lianji Synthetic Fibre Co.195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P.. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co.Production They claim the company started to produce PET chip in 1995.V-2.2 Shanghai Lianji Synthetic Fibre Co. They claim the company is a Sino-Germany joint venture.000MTs/year and it produced 250.300m2 and has 528 employees. They disclose the company carries out production in accordance with purchasing contracts. which has advanced equipment and can produce high-quality products. Its total investment is USD138 million and registered capital is USD49. The production capacity is 300. 2) Situation of PET in 2005 . Address: No.. Shanghai Lianji introduced a 70. .000MTs last year.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr. and the price of raw material keeps growing recently.Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Zhuo Website: www.. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.92 million.R.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's.000MTs/year filament grade polyester facility (Phase One) and a 30.The Phase Three polyester Project with yearly capacity 150. Ltd. Germany and Shanghai International Shanghai Growth Investment Ltd..
They disclose there are three production lines of PET in this company. Ltd. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. Hongkong Qiule Development Co. At present. Italian Faostuo Radici Group. Ltd.000MTs/year bottle-grade polyester chips.406 million and the registered capital is USD45. Raw Materials 93 . the daily output is 800MTs. The total investment of this company is USD11. Address: No.2 million. ISO14001. 400/MT.. which makes the company one of the largest manufacturer in China.czwbr. Current price is RMB10. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002. and the production capacity is 270.. Jiangsu Province.. P. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco. V-2. Ltd. Ltd. 68. 60% and 70% of domestic market. Changzhou 213022. National High & New Technology Industry Development Zone. respectively. (CWRC) was founded by Shanghai Huayuan Co. heat-resistant chip and edible oil chip hold 20%.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr.The company can supply many specifications.R.000MTs. West Waihuan Road. semi-dull and bright chips. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years.. including dull. in 1996.China Tel: +86-519-5100553-663.3 Jiangsu Changzhou Worldbest Radici Co. Xu Website: www. CWRC’s water bottle-grade chip. FDA test and Coca-Cola.
and edible oil.They claim all raw materials for PET chips are imported from foreign countries. tea-drinks.China Tel: +86-519-5778111. fruit juice drinks. V-2. The company exports half of its products to international markets.000 square meters. pet sheets and HDI. The company’s production capacity of PET is 220. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. drinking water. P. as well as drugs. etc.000MTs/year. the operation rate is about 80%. films. Yutang Industrial Park. 2005 and only produces bottle-grade PET chips. the price of water and oil bottle-grade chip is RMB11. with the total investment over RMB400 million. The company mainly specializes in producing bottle-grade PET chips with 220. They disclose the company carries out production according to its purchasing contracts.. 5778666 Fax: +86-519-5778889 Person to Contact: Mr. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. Xinyu East Road. which is different from other PET producers.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. but the rate will vary with the market demand.000/MT. Xinbei District.000MTs/year production capacity. Guan Website: www. Address: No. Its bottle-grade PET chips can be applied in packaging of CSD. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr.andenie. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. Price At present. Swiss. Changzhou 213033.. At present.4 Changzhou Andenie Polyester Co. Ltd. Ltd. 94 . 1. Germany and SSP technology and facilities supplier Bühler AG. Jiangsu Province.R. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. Changzhou Andenie covers an area of 120.
textile. The product structure is as follows: Bottle-grade chip. drinking water. staple fiber. Wang Website: www. Ltd. Baisha Road.000/MT. There are workshops for polymerization.000MTs/year 95 .5 Far Eastern Industrial (Shanghai) Co.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries.800/MT and RMB11.000MTs/year Differential polyester staple fibre. tea-drinks. 500. They claim the price will change in accordance with the market. and edible oil. Pudong District. P. The production capacity of bottle-grade chip is 180. 60.R. The company passed DNV ISO9001: 2000 quality system certifications. Address: No. They disclose the PET chips of this company sell well currently. DTY. Xinghuo Development Zone. because all the products produced in Sep. POY. V-2. 2005. and the company claims it will increase to 500.000m2.000MTs of PET chips last month. weaving. 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 specifications of the bottle-grade PET chips include CSD.000MTs/year in 2005.com. Factories of Far Eastern Shanghai occupy 370. and it exported 11. fruit juice drinks. chemical fiber. have already been ordered.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. Sales and Export The company has the import and export license. Price and Specification The price of bottle-grade PET chips is between RMB10. dyeing and finishing and other relative accessory facilities. SSP.198.China Tel: +86-21-6875-1888 Person to Contact: Mr..feis. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996.000MTs/year. PET sheet. The company will accept new purchasing orders till Oct. dyeing and finishing. Shanghai 201419. Ltd.
Zhongshan West Road..000m2. Ltd. ventilating film and processing many relevant film products. 9.Price & Packaging The price of PET film depends on the thickness of products. . It is a wholly foreign-founded enterprise. with the capacity of 55.000MTs/year.800. P. 2) Situation of PET in 2005 . Shanghai. the annual output of BOPP film is 30. Industries Co. PET.Production They claim the company has production facility of PET film. developed ventilating film in 1993 and launched into PET film field in 1997.. PET film 17. Address: No. They comment that the price is slightly high in China. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003.POY. Changning District 200051.000MTs. Its workshops cover 50. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr.S. V-2. ventilating film 4.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. 96 . 34.000MTs. about 200. They disclose that the packaging of products for export is in compliance with the export packaging standard. The company started to produce BOPP film in 1990. Ltd.000MTs. Ltd. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. Thereof. In general.000MTs/year. (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H.000MTs/year DTY.R. the price is FOB USD1.000MTs and aluminized film 4.933. the company has nine production lines.700~1.China.. Li 1) Company Background Hunomik (Shanghai) International Trade Co.6 Hunomik (Shanghai) International Trade Co. In South Korea. The company specializes in producing BOPP.
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. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC.3 Liaoning Liaoyang Petrochemical Co.com. The company has bright film-grade and carbonated bottle grade chips in stock currently. 160.5 million MTs/year.000MTs. Fiber sector contains PTA.000MTs/year of N66 salt (including AA).000MTs/year of PET. 6 units under its direct control and 3 large joint ventures with 12. they can offer less than container load.000MTs/year of fiber products.000MTs/year this year and it will increase to 950.000 staffs and workers. The output in 2004 is 350. while hot-filling bottle-grade chips products will be available next month.000MTs of light chemical oil annually.5 Torch Street. They comment this price is comparatively cheap. Price & Packaging The price for common water bottle-grade chips is USD1. LYPC has marketed its products all over China and exported to foreign countries. LYPC now has 9 functional departments.5 billion. Liaoning Province.000MTs next year.000MTs/year of plastic materials and 50. PET. Fuel Section can produce 1. the products for export will be packed in container. P. Sales and Export They claim the company has the import and export license. Hongwei.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. Chemical Sector has PE unit.45 million MTs of oil products and 900. Liaoyang 111003. Ltd.They claim the company’s production capacity is 550.035 FOB Zhangjiagang. Address: No. If clients only need 1~2MTs. aromatics unit and nylon 66 salt unit which produces 90. 2) Situation of PET in 2005 99 . LYPC has 39 large production units with a capacity of refining crude oil of 7. PP and PA units producing 400. each about 21MTs. V-3. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products. In general.cnpc-lh. LYPC currently has total assets of RMB13. LYPC is engaged mainly in oil refining and producing chemical products and marketing. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company.cn 1) Company Background Covering an area of 16 square kilometers.R.
Kaiping 529325.000MTs last year. Shagang District. 100 . high viscosity chip for industrial use.000MTs/year. film grade chip and bottle grade chip.com. (Kaiping Polyester) is a largescale collective group.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. The company has two freight docks. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400.kaiping-polyester.4 Guangdong Kaiping Polyester Enterprises Group Co. Guangdong. Color Venter Particle Factory.R. bright fibre grade chip for civil use and industrial use. located in Guangdong Province and covering 700.China Tel: +86-750-2213758. The total output of PET products is over 300.1.. medium viscosity chip for use in sewing thread. as well as Kaiping Chunhui Co. Ltd. Meihua Road. 300/MT and that of oil bottle-grade is RMB10.400/MT.- Production They claim the company has PET stock at present. The company’s subsidiaries include Polyester Chip Factory.. 2228111. bright chip.. Ltd. Price The price of water bottle-grade is RMB10. V-3. Ltd. Honeywell (Kaiping) Industrial Polymers Co. 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. which has been listed. Address: No. P.000m2 of land. Fax: +86-750-2228836 Website: www.
and the price will be higher. Ltd.yuhuapet. 150. Guangdong Province. Zhuhai Yuhua specializes in producing polyester chips. Among them. Zhuhai Yuhua has 650 employees.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co.000m2 of land and its construction area reaches 100. (Zhuhai Yuhua). The company set up a 2.000MTs/year PET for film. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. It exports products to Japan and West Europe.. The viscosity degree is higher. light fibre chip for industrial use. etc. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. P. Ltd. 140.000MTs/year 2) Situation of PET in 2005 Production 101 . Address: Tangjia. EEC test and H203. which are purchased in China and imported from foreign countries sometimes. 80 are engineers and technicians. highly viscous chip for industrial use.000m2 testing building.R.000m2.The company adopts glycol and PTA as the raw materials.5 Guangdong Zhuhai Yuhua Polyester Co. Species and Price They claim the packaging is 1MT.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www.. covers 230. Its products of bottle grade PET have been approved by FDA test. Its structure of major products is as follows: PET for fiber. 10. HR201. established in 1988. Packaging. The price varies in accordance with the viscosity degree of products.000MTs/year PET for bottle. Zhuhai 519080. which is equipped with hundreds of advanced analysis apparatus. V-3. The company produces many species including light fibre chip.
with the capacity of 150.000MTs/year. The price is RMB10. UCFG covers an area of 380.000MTs/year for PET chip. Shaoxin 312000.000m2.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. Southeast Asia. 000MTs/year. Ltd. P. At present.. Its registered capital is RMB860 million.000MTs/year of polyester filament. China Development Bank. 600/MT. China Cinda Asset Management Co. etc. with a total capacity of 150. Zhejiang Province. V-3. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. tea bottle.8 billion...6 Zhejiang Chemical Fibre Joint Group Co. Sales and Export They claim their products are sold throughout the country and other countries such as Europe. . The company also produces chips for mineral water bottle. polyester staple and other products.R. cation chip. including semi-dull chip. oil bottle 202 and so on. polyester long filament. By the end of 2002. Coca Cola bottle. UCFFG has six subsidiaries and holding companies. Ltd. 102 . The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications. Ltd. etc. the company only had 5. which is effective for about one month. China Huarong Asset Management Corp.. They disclose most consumers are willing to buy oil bottle chip 202 materials. flame retarding chip. the total assets of UCFG reached RMB1. (UCFG) was built in 1984 by China Orient Asset Management Corporation. In the beginning of its establishment. the company’s production capacity has increased to 300. Address: Under Qishan Bridge. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip.They claim the company produces fibre materials. and other companies.
. Ltd. ISO14001. About Jinan Zhenhao Polyester Co. (Jinan Zhenhao) was founded in April 2002. V-3.7 Shandong Jinan Zhenhao Advanced Fiber Co. Ltd. The company owns 9 subcompanies. Jinan Zhenghao has passed ISO9001. LiXia District...China.2.. Jinan Zhenhao Polyester Co.1 and OHSA18001. 103 . Jinan Zhenhao Polyester Co.8% of who are technologic support members and 89 people are senior technologists.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co. Jinan Weide Fibre Fabrics Co. The company has RMB220 million of fix assets.000MTs/year Polyester staple... semi-dull and bright chips.jnzhaf. 22. fabric and garment. Tel: +86-531-88068236 Person to Contact: Mr. 100. Huaqianchang Road. JiNan250100. Jinan Huaxian Scientific. Ltd. Industrial and Trade Co.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip. 260. Ltd.000MTs/year Polyester filament. Its asset is up to RMB2. Ltd. Address: No. Ltd. The company can offer cation. Ltd.000MTs/year.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co. Shandong. specializing in producing. 110. Ltd. The production capacity of semi-dull chip is about 200. textile material.R... is a holding company of Jiannan Zhenhao.600 employees. The product structure of this company is as follows: IPA.. 29.000MTs/year PET melt and chip. 80 employees work for it and 29 of them are engineering technologists. Xi Website: www. P. processing and marketing chemical fiber. Jinan Zhenhao has 1. Ltd. ISO10012. Jinan Zhenghao Trading Co.39 billion.
000MTs/year.000MTs/year of staple fibre and 8. Tianjin Branch. It has its own special Oil Wharf and tank area in Xingang Seaport. Sinopec Tianjin has 4. Its oil processing capacity is 5 million MTs/year. and some are sold to Heibei Province.638 staff members. the facility of PTA has stopped for maintenance. including 743 technicians. about 60~70MTs/day. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. 104 . among which RMB2.46 billion. The capacity of PET chip is 160. chemical reforming capacity is 150. and they comment that the product can bring much profit. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. with the total production capacity of 260.com.76 billion is fixed assets. PET fibre capacity is 100. Tianjin Branch’s total asset is RMB6. They claim the company has two sets of facilities. Tel: +86-22-63822777. Dagang District 300271.8 Sinopec Corp. Sinopec Tianjin has 20 production facilities covering refining. and the daily capacity is 500MTs/day.China. +86-10-51586861 Fax: +86-10-51586884 Website: www.000MTs/year of PET chips.cn 1) Company Background Sinopec Corp.000MTs/year facility has stopped production. V-3.000MTs of filament.500/MT. including 30. 60. Price They disclose the price of PET chip is about RMB10. Up to now. Tianjin Branch Address: Sinopec Corp. P.The company adopts the China-developed technology to produce PET. A set of 100.000MTs/year. Raw Material They claim the company produces PTA as well. At present.R.tpcc. Tianjin Branch (Sinopec Tianjin) was founded in Apr.000MTs/year. Normal output is 400~500MTs/day. Sales The products are mainly sold in Shandong Province.000MTs/year. Tianjin. chemical and chemical fibre.
benzene. P. PX facility.Sinopec Tianjin mainly produces 31 kinds of products of oil. 60. Ethylene Section: Ethylene facility.000MTs/year. Price The company produces fibre-grade PET chip.000MTs/year. PET staple fibre and filament.China. chemicals and fibre. kerosene. heavy aromatics. Henan Province. FDY and POY filament facility. PTA facility. 300.000MTs/year.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility. It is called Sinopec Corp. including lead-free gasoline. Chemical Fibre Section: Polyester facility.Sales The sales of this company have been unified. 90. PLG.000MTs/year. Union Carbide Corporation in the United States. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. etc. . 22. Lummus. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. 000MTs/year.200 at present.000MTs/year.000MTs/year. 250. DMT. petroleum asphalt. para-xylene. 120. coke. PET chips. polyethylene facility. PET Staple Fibre facility.000MTs/year and EG facility. film-grade chips facility. Neumag Company of Germany. 48.000MTs/year. 200. jet fuel. Polyether Polylol facility. 80. R. LuoYang 471012. polypropylene facility. 600. 43. They claim the production capacity of PET is 200. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. Shell in Netherlands. 2. The price is RMB10.000MTs/year. 105 . Mitsui Chemical.000MTs/year. EO facility. fuel heavy oil. 100. 200. which is taken changed by the sales center in Beijing. Mitsui Toatsu Chemicals of Japan.000MTs/year.000MTs/year. V-3.000MTs/year.000MTs/year and differential staple fibre. light diesel. . Tianjin Branch.
including 2. UOP and Japanese Toray. and that of polyester staple fibre is 100. The plant carries out production in accordance with purchasing orders. DuPont. 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.200 professional technicians. but the output volume is not as large as it.000MTs/year. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. PTA facility. It has 1. +86-10-51586861 Fax：+86-10-51586884 Website: www. It was started construction in 1998 and put into production in 2000.000MTs/year. The capacity of PET melt and chip is 200.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec.Tel：+86-379-66996147. chemicals and chemical fibre.4 billion.000MTs/year. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. Sinopec LPC specializes in oil refining.com. The capacity of polyester filament is 90.000MTs/year. polyester facility. The Chemical Fibre Plant has five major production facilities. Price 106 . that of PTA is 250. including aromatic hydrocarbon facility.000MTs/year.100 employees. Sinopec LPC has more than 8.500 employees.lypcc. direct spinning polyester filament and direct spinning polyester staple fibre. which was invested in RMB6. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200.
It is a state-owned enterprise. Zhejiang Tongkun Group Address: No. Tongxiang Development Zone.The company produces fibre-grade PET chip.. It sells its products all over China and exports them to over 10 countries and regions including India and Italy.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr.R. the total asset of Zhejiang Tongkun is RMB2. trade. Its products include: POY. IT as well as printing and dyeing fields. agriculture.000 employees. It has more than 7. Guangming. in 1999 and Tongkun Group Co.200 at present.8 billion. Only a small part of PET chips are sold out. V-3. . At present.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. 107 . The price is RMB10. Hangzhou 314500.000MTs/year. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. Ltd. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies. and that of chemical filament fibre is 600. Ltd. including RMB1 billion of net assets. DTY DT FDY filament PET chip The production capacity of polyester is 720. in 2004.. Zhu Website: www. 2. . Sales They disclose the sales of its products are taken charged by the sales center in Beijng. P.zjtkjt. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co. and most PET chips are used to produce polyester filament and staple fibre by the company itself. Meanwhile.000MTs/year. the group sets foot in real estate.10. Zhejiang Province. finance.
2002.000MTs/year modified melt direct spinning long filament project.000MTs/year PET chip project. They disclose the company produces fibre-grade chip but not film-grade chip at present. Zhejiang Tongkun invested RMB310 million in the 180.000MTs/year and that of bottlegrade is 20. Up to 2004. which was put into production in Oct. About PET Project In Apr. etc. Price and Specification The company can offer fibre-grade and bottle-grade chips. UB20 LAUDA in Germany.000MTs/year polyester and melt direct spinning production line. The price of bright chip is RMB10. In Jul. HONEY WELL in the US. 108 . 2000.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. Zhejiang Tongkun invested RMB580 million in the 180. The production capacity of fibre-grade PET chip is 180. HIMSON in India. 500. which was put into production in Jun. They claim the market of PET this year is unfavorable. 2002. 2000. Zhejiang Tongkun invested RMB120 million in the 160. In Aug. In Jan 2001. Zhejiang Tongkun passed ISO9002. which was put into production in Sep 2003.000MTs/year.000MTs/year and 550. 204. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. the production capacities of polyester and melt direct spinning long filament reached 700. Sales and Export The company has the import and export license. no semi-dull chip.000MTs/year polyester project was put into production. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180.Zhejiang Tongkun introduced equipment from TMT in Japan.
Production They claim the company hasn’t PET chip in stock at present. with the production capacity of 60. 2) Situation of PET in 2005 .Sales They claim that the current market situation is comparatively good. Its major product is bottle-grade PET resin.. Among them..000MTs/year. The company passed OHSA1800. Address: Yan’an South Road.000MTs/year. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. 90% workers graduated from the technical secondary school or collage. Ltd.Price The price for bottle-grade chip in its latest purchasing order is RMB10.tunhepet. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. The company carries out production in accordance with the purchasing contracts. P.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year.com. Current operation rate of its facility is 100%. The production capacity of multifunction and differential polyester chips is 60. Ltd.000MTs/year.000MTs/year. The company covers an area of 13. The company also produces fibre-grade chip.11 Xinjiang Tunhe Polyester Co.cn 1) Company Background Xinjiang Tuhe Polyester Co.R. .China. Chanji 831100. . At present. Ltd. V-3. ISO9001: 2000 and ISO14001. there are 225 employees in the company. with the capacity of 110. 109 . 800. as there are many buyers waiting for the products.87 hectares. The production capacity of bottle-grade chip is 60. The price will vary with the market.. Xinjiang.
000MTs/year. It is a listed company.12 Heilongjiang Longdi Stock Co. the production capacity of PET chips is 160. Heilongjiang Longdi has the import and export license. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr.China Tel: +86-451-53715382. Ltd. Xiao.116. that of filament is 36. 300/MT. Japan. Ltd. It does not produce film-grade chip.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion. P. Acheng city150316. The price is RMB10. They claim their equipment is worldadvanced. the United States and Italy. Address: No. It sells its products all over China and exports them to Europe and America.biz 1) Company Background Heilongjiang Longdi Stock Co. They disclose that the current output of PET products is not large.000MTs/year.000MTs/year and polyester industrial filament is 37. The company carries out production according to the market demand. The Company passed ISO 9002 and ISO9001: 2000.. Heilongjiang. which started to produce PET as early as 1985.R. Heping street. and the two factories work for 24 hours a day. They disclose the company has more then ten factories. while only two factories are producing PET due to capital problem in the company. 2) Situation of PET in 2005 . Heilongjiang Longdi imported the key equipment from Germany. Price and Specification The company produces bright and semi-dull chips.000MTs/year. that of polyester textile-grade staple fiber is 90. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory. Miss Shao Website: www..longdi.V-3. At present. Sales 110 .
2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. detergents and cosmetics. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. (Push Group) was established in 1997.000 employees.cn 1) Company Background China Push Group International Co. Miu. Push Group has RMB3 billion fixed assets. while the industrial filament is profitable. V-3. At present.com. etc. Chen Website: www. polyester chips. China. Address: No.R. The initial investment for Push Group was RMB300 million. The claim PET chip cannot bring much profit because of expensive raw material.000m2 production facilities and over 4. American and Southeast Asian countries. Yinbin 644007. Products of Push Group are exported to European. plastic pipes and fittings. Sichuan Province. plastic packaging bags. Push Group consists of three units: Push Group Push Plastic. and 3D images and laser anti-fake products for packaging and advertising. Ltd. Push Plastic includes Push Plastic Closure Department. The company carries out production in line with their purchasing orders. Push Plastic Pet Preforms Department. P. Mr.0 billion by 2004. Tel: +86-831-3565889. 340.. Its products include plastic anti-fake bottle caps.. PET bottle preforms.13 China Push Group International Co. Ltd.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament. including over 500 technicians and professionals. Push Plastic & Polyester Department.000MTs/year. and the total investment had exceeded RMB2. Price and Species 111 . Minjiang West Road.. They disclose that PET products are stored in Dongguang Guangdong Province.150. Push Plastic Building and Packing Materials Department. etc. molds. It is a wholly subsidiary company under Wuliangye Group. while the production base is in Yinbin Sichuan Province.pushi. Push Subsidiary Companies and Push joint ventures.
China Garment Group Co. Sales and Export They claim the company has its own import and export license.130/MT.. Ltd. Shengze Town. Jiangsu Silk Group Co. Ltd. V-3. special filature. (JWSG) has five factories: Xinlian Silk Weaving Mill. Longqiao. Ltd. Xinsheng Silk Weaving Mill.000MTs/year Chemical filament. China Silk Industry Corporation. Add: Shunxin Middle Road. Jiangsu Province.. (JWSC) was set up by Jiangsu Wujiang Silk Group Co. and Suzhou Foreign Economic Development Corporation.China... 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng.000MTs/year Silk. 80 million meters/year Computerized embroidery.. P.com 1) Company Background Jiangsu Wujiang Silk Co.They refuse to disclose the domestic price of PET products.silkgroup.. Camellia. They claim the PET products in the company are bottle grade PET. Ltd. Jiangsu Wujiang Silk Group Co. Ltd.14 Jiangsu Wujiang Silk Co. Xinhua Silk Weaving Mill. scientific technology and trade.. JWSC integrates real estate. It was listed in 2004. The total registered capital of JWSC is RMB313 million. About Jiangsu Wujiang Silk Group Co. The products can be used in engineering plastic as well if it is processed to improve the performance. Ltd. Ltd. Wujiang 215228... etc. The product structure of JWSG is as follows: PET chip. The total asset of the group is RMB4 billion. computerized embroidery. 130. and Xinda Computerized Embroidery Plant. 120. while the price FOB Guangzhou is USD1.R. Liaowu Silk Weaving Mill. Chen Website: www. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr. mainly engaging in producing and marketing high-grade silk. 2) Situation of PET in 2005 Production 112 .
15 Zhejiang Cifu Group Co. Zhejiang Cifu consists of two factories. POY and FDY 400 thousand tons (including 300. BOPET and medicine fields. It is a comprehensive enterprise with USD500 million of total assets. because film-grade chip is unprofitable. cation and other special chips. The company has passed ISO9001. Ltd. V-3. Shaoxin 312073. China Tel: +86-575-5101220. It specializes in the research.. Ltd. Address: Binghai industrial strict.000MTs of different specifications of semi-dull. P.com 1) Company Background Zhejiang Cifu Group Co. seven corporations and one research institute center as its subcompanies.R. semi-dull.S.600 staffs and over 10% have been educated in college. Zhejiang Cifu sells its products both in China and abroad. Miss Li Website: www. France and Italy. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. cation dyed of DTY. 113 . All the key equipments of polyester. Specifications They claim the company offers bright. development and production of raw materials of chemical fibre. Zhejiang Cifu has more than 3.. film and yarns are imported from the U. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr. The company produces cation and other special chips but not film-grade chip.000MTs of chip spinning). which produces 400..cifugroup. 5621130. Zhejiang Province.000MTs of melt direct spinning and 100. Xu.A. Germany. The company has 6 production lines of small polyester. Japan. The output is 150MTs/day. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986.They claim the company started to produce PET chips ten years ago. covering 2 million m2.
It has 4. The price of film-grade chip is USD110/MT.500 employees. They claim their products are sold both in China and oversea countries. because its production is in accordance with purchasing contracts. which can produce 200. such as Europe and Southeast Asia. Zhengjiang Zongheng covers an area of 667. 114 .In 2003.. Doumen County 312071. Ltd. It is predicted to be put into production in 2005. 2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET.000MTs of high-speed film grade BOPET material and 120. They disclose the company cannot offer semi-dull chip at present. Ltd.zgsc.cn/rx/ZONGHENG/twjs.16 Zhejiang Zongheng Group Co.. 8038160 Person to Contact: Mr.000m2 of construction area. including film-grade.R. Meanwhile.. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. P. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. cation. Its total assets reached RMB1. Ltd. It has five economic entities.000MTs of BOPET. Tel： +86-575-8038368. Ma Website: http://www.000m2 including 280. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co.6 billion.000MTs/year and the daily output is about 300MTs. fibre-grade.htm 1) Company Background Zhejiang Zongheng Group Co. 8039725 Fax：+86-575-8038161. V-3. and so on. Sales and Export The company has the import and export license. Address: Industrial Economical Development Zone. China. Ltd. Price and Specification They claim the company produces many specifications of PET chips.. covering.. The capacity of film-grade chip is 200. Zhejiang Province.
Hunan Province. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.000m2 and has 590 employees. They refuse to reveal more information. including 248 professional technicians. The product structure is as follows: PET chip.17 Hunan Jindi Chemical Fibre Co. The company passed ISO9001: 2000.000MTs/year. The company introduced major equipments for polyester and spinning from Switzerland.000MTs/year Differential fibre.The company has six batch polymerization production lines. 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. V-3. Address: No. etc. Shuyuan Road. with the total investment of RMB1. 100. P. The production capacity of polyester and filament of Hunan Jindi is 100. Europe and so on.000MTs/year Garment materials. The company covers 334. 160. Yuetang District. The registered capital of the company is RMB250 million. and France. Germany. 12 production lines of FDY and 4 production lines of POY.... Liu 1) Company Background Hunan Jindi Chemical Fibre Co. Ltd. respectively.087 billion. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. was established by Hunan Economic Construction Investment Company.R. Ltd. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . 40. 38.000MTs/year. Xiangtan 411101.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr.
Zhang Website: www.48 Jinyi Road Jinshan 200540 Shanghai China P. 14 million MTs/year Ethylene. R. manufacturing of plastics and synthetic fibers. The company itself consumes 4. V-3. 1. 950. The company carries out production in accordance with purchasing contracts.000MTs/year Synthetic fiber raw material and synthetic fiber.spc.000MTs/year Petroleum and petrochemical products. The product structure of SPC is as follows: Crude oil. The company produces over 60 different types of products in 4 categories. synthetic fiber raw materials and synthetic fibers. Sales They claim the company has the import and export license.38 million MTs/year 116 .18 Sinopec Shanghai Petrochemical Co.com. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. synthetic fibers and plastics.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. intermediate petrochemicals. Ltd. It produces semi-dull fibregrade PET chip. 5. such as petroleum products. SPC has 72 sets of main production plants including oil refining. Address: No. petrochemical processing.500 staff members on the regular payroll.8 billion and 28.000MTs/month. synthetic resins and plastics.4 square kilometers.000MTs/year. Price They disclose the factory price is RMB10. and current output is 8.cn 1) Company Background Sinopec Shanghai Petrochemical Co. By the end of 2004. Their filament products are exported to foreign countries.000MTs/month. At present. 200. It specializes in highly integrated production and operations of petroleum products. SPC has total assets of RMB 28.1 million MTs/year Synthetic resin and plastics. They claim the production capacity is 100. covering an area of 9. Ltd. petrochemicals. 950. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972.
Sales They comment that current market of PET is unfavorable.000MTs/month. Da’an. Zigong Investment Company and Sichuan Textiles Group Co..19 Sichuan Polyester Co. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. Kong Website: www.000m2. It started to produce PET in 1982. At present. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. Ltd.It has 963 employees.China.000~11.000MTs/year Polyester staple. At that time.com 1) Company Background Sichuan Polyester Co. -Price and Specification The specification of PET chip has bright and semi-dull chips.800/MT. Its total assets were RMB144. technology of polyester staple production line from Japanese TOYOBO. 20. The production structure of Sichuan Polyester is as follows: PET chip.. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. 2) Situation of PET in 2005 . SPC was listed on the Shanghai Stock Exchange. Ltd. P. Zigong 643010. Ltd. They disclose that the price of PET chip went up last week.911 million. . Current price of semi-dull chip is RMB10.. Ltd. Sichuan Province. V-3.In June 1993. 100. Address: No.. the production capacity is 8.88. Sichuan Polyester covers an area of 220.000MTs/year Polyester filament. 70. the price of raw materials rises accordingly. 117 . Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company.R.000MTs/year. PET chips cannot bring much profit. Juxin Road.000MTs/year. As the price of petroleum goes up.scjz. technology of filament production line from Swiss Inventa and equipment from Barmag AG. in 1993. was set up by Sichuan Investment Group Co.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC. the production capacity was 80.
000MTs/year DTY and 120 million meters colored fabrics for customer processing.20 Zhejiang Yuandong Chemical Fiber Group Address: No. Li Website: www.000 MTA polycondesation capacity (in which 420. Major products of Zhejiang Yuandong include: POY FDY 118 . Ma’an Town. Zhejiang Province. Only a small part is sold out. 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. East Street.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 for melt direct spinning of filament using Germany Barmag high speed winder. -Price The factory price is RMB10.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment). heat and power plant. Japan Morata & Teijin seiki. They disclose the price changes frequently because the price of raw material goes up quickly. totaling 800. And 100. 80.000MTs/year each from Germany Zimmer AG. polyester staple fiber.000MTs/year.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag. draw texturing. Sales They disclose most PET chips are kept to produce polyester filament and staple.yuandonggroup. V-3. Shaoxing. 300. At present.000MTs/year polyester chips. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200. real estate. dyeing & printing. polyester filament. 500/MT. P.R. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. 1.China Tel: +86-575-4816306. The company produces PET chips in accordance with the purchasing orders.
000MTs/year Garment fabrics. V-3. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German.Sales and Export They claim the company has the import and export license.21 Zhejiang Hengyi Group Co. Ltd. They disclose current output is about 600MTs/day. 1994. Currently it only produces fibre-grade PET chip..000MTs/year Polyester staple fibre processing. The product structure is as follows: PET chip.com 1) Company Background Zhejiang Hengyi Group Co. 35 million meters/year 119 . Zhejiang Hengyi covers an area of 530. It carries out production in accordance with purchasing orders.hengyi. It changes in accordance with the market situation. (Zhejiang Hengyi) is a state-owned enterprise established in Oct.000MTs/year Met direct polyester filament. 520. . The company itself consumes some PET chip to produce polyester filament. Zhejiang Province. Xiaoshan District. Zhejiang Hengyi specializes in the production of polyester. Ltd..Price The price is about RMB10.R.000 staff members. 82797888 Fax: +86-571-82759919 Person to Contact: Mr. 80. filature and weaving as well as R & D and trade. Hangzhou 311209. 300.Production They disclose the company has produced for four or five years.000m² and employs more than 4. Address: Yaqian Town.China Tel: +86-571-82799247. Shi Website: www.DTY Staple fibre PET chip 2) Situation of PET in 2005 . P. . 300/MT at present. The total asset of this group is close to RMB5 billion.
Huang Changzheng. Ltd. The company also produces polyester filament and polyester staple fibre. Guangzhou Economic & Technological Development Zone. The company passed ISO9002 in 1998. The fibre-grade PET chip in this company is semi-dull chip. 120 .. The company has the import and export license. . US and Japan trilateral joint venture enterprise with investment of USD70 million.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10.China Tel: +86-13925187591. thus it only sells a part of PET chip.Zhejiang Hengyi exports its products to foreign countries. P. Guangdong Province.22 Guangdong Guangzhou Yamei Polyester Co. Guangzhou 710730. (Guangzhou Yamei) is a China. Its workshops cover 80.. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. Ltd. V-3. and they claim the price is not high in the market.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre. +86-20-82215900 Person to Contact: Mr. 2) Situation of PET in 2005 .R.000MTs/year.600/MT. Address: Dongji Sub-zone. ] They claim the production technology and facilities are imported from DuPont Company. and the capacity of 75. . 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips.000 area of land.Production The company only produces fibre-grade PET chip.
The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998.cn ` 1) Company Background Foshan Chemical Fibre Complex Co. chips used for non-ordinary type fiber.fcf. V-3. Fuluo Road. Dong Website: www. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72. Foshan Polyester Filament Plant.23 Guangdong Fushan Chemical Fibre Complex Co. (Foshan Chemical). P. accounting for 1/6 of total staff. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China.R. Guangdong Province.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. The continuous polyester viscosity increment facilities of 20.. The company has more than 400 experts and technicians. Foshan. Ltd.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips.000MTS/year.. Ltd.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14. Ltd. The company has four factories: Foshan Polyester Chip Plant. Total production capability of the company is 150. Among them.45. since the Property recombined in 1997.com. senior engineering technicians account for 10% and medium engineering technicians account for 30%.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. Chancheng District. Foshan Synthetic Fiber Plant and Spinning Thread Plant.000 tons/annum. Address: No. Main products of this plant include: semi-dull and bright chips. 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 ..
19. Xinye Road. and the company also produces polyester filament. Wang 1) Company Background Hainan Xingye Polyester Co.They claim that the production capacity of PET chips in this company is about 70. which is a downstream product of PET chips. The production capacity of filament is 35. Haikou. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. about 400. (Hainan Xingye) was set up by Hainan Textile Industry Company. BOC Haikou Trust and 122 . is very large.000MTs/year. With respect to PET filament. Gang'ao Industrial District. The daily output of PET chips is 230~240MTs. P. Its production capacity is about 180... Hainan International (Oversea) Investment Co. Sales and Export They disclose most PET chips produced by the company are used to produce filament. 000/MT.000MTs/year. Hainan. Ltd. the output of Guangdong Kaiping Polyester Enterprises Group Co. Address: No.. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008. Price Current price of PET chips is claimed to be about RMB11. Ltd. Raw Material They disclose raw materials are expensive at present.000MTs/year and it is the midseason for filament at present. and only a small part is sold to others.. The company has two production lines of PET.R.China. They also disclose that this company is a state-owned company and it is in the process of restructuring. Ltd.. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Ltd. Ltd. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co.24 Hainan Xingye Polyester Co. and all materials for PET are exported from foreign countries.000MTs/year. thus the both production lines of PET are carrying out full-scale production. also produces PET chips. V-3.
Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. Chemical products.000MTs/year. the capacity of PET Polyester reached 60. Spin materials. Ltd. the company’s operation is in the process of loss. Hainan completed its first phase of PET project was completed. The capacity is 160. The capacity of PET downstream product filament is 60. Chemical fibre..China. while the price of polyester products is comparatively relatively low in the market..R. Ltd.Production They claim the company has been produced PET chips for about ten years. At present. the capacity of PET filament reached 60. 2) Situation of PET in 2005 .(Sichuan Guangkang) is a joint venture.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. It covers an area of 117. Address: Shaoxin Road. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. 123 . Main products of this company include: Polyester chip. 000m2. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. The production capacity is 60. .000MTs/year. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr. In 1995. Because raw materials are expensive. V-3. They disclose the company will not sell PET chip in the future. Sichuan. At present. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co.Investment Company. In 1992. In 2002. accounting for 35%.. Guanghan. P. The total investment is about RMB 350 million. Ltd.25 Sichuan Guangkang Chemical Fibre Co.000MTs/year.000MTs/year.
8603975 Fax: +86-754-8251298 Person to Contact: Mr.China (PET resins factory) Tel: +86-754-8231485.com. it supplies PET products to long-term clients as well.000MTs. At present. 30. P.cn 1) Company Background 124 .Cai Website: www.26 Guangdong Shantou SOE First Polyester Films Co.000MTs/year. In addition the company is exclusive producer for PET in southwest District and northwest District. of the 60. Address: North side of Xigang Bridge.China (PET films factory) No.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. and started the first phase.000MTs/year non-fibre-grade PET chip. and monthly output is more than 3. V-3. its production capacity is 40. However. Guangdong Province. Mr. Ltd.000MTs/year. The price of bottle-grade chips is RMB11. The Production capacity is 40. The company has passed ISO9002 and got American FDA certification. Daxue Road..37. Guangdong Province. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0.78 and above 0. Here the products occupy 95% of polyester chip in marketplace. Sales and Export Most PET chips produced by this company are consumed by the company itself. Xu.R. Huange Road. Shantou515041.85.soe-film.000MTs/year PET project in 1995. P. but they disclose this price is negotiable. Shantou 515041. 000.R. The main products of Sichuan Guangkang include: Bright fibre-grade PET chip Semi-dull fibre-grade PET chip High-viscidity PET chip 2) Situation of PET in 2005 Production They claim the company is a listed company and produces bottle-grade chips but not filmgrade chips.
film grade PET chips are include audio base film.. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE)... It produces PET and BOPET.. Ltd.008-0. SOE consists of Shantou SOE First Polyester Films Co. homo. Shantou SOE First Polyphenyl Co.. Ltd. (Shantou SOE) is a joint venture company.036mm) and width range is 330mm-1500mm.. etc. etc.. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA.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. 2) Situation of PET in 2005 Production The company is a joint venture.PET and co-PET chips. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. Quanzhou Quangang SOE First Polyphenyl Co. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company. video base film and packaging PET films.Shantou SOE First Polyester Films Co. Shantou SOE has equipped two sets of independent additives preparation systems. Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. Film products of this company include: audio base grade PET films packaging grade PET films hot . 125 . Ltd. Major PET chips include film grade and bottle grade bright chips. (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. Ltd.
000MTs/year and the output last year is claimed to be 3. They disclose their clients purchase PET products to produce drink bottle. the production capacity is 3. V-3. and they can produce different species according to clients’ requirements.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. They claim the production technology and facility of BOPET was imported from German Bruckner. Price & Packaging They claim the company has many species of PET film products. Sales and Export The company has imported and export license.000MTs/year. But because production capacity is little.000MTs. later than PET film production. The prices are effective for about one month.upc-chem. and it increased to 15.com 1) Company Background 126 . PET chip includes film grade and bottle grade. canned bottle. and film grade chip has two species. 000~RMB30. table-water bottle and so on. Urumchi 830019. At that time the designed capacity was 12. Species. which are produced by the company itself. Their products are sold in China and aboard such as Europe and America. The price for film chip with additive is RMB10. They disclose that at present his company has no PET stock for packaging industry. Xinjiang. they claim the company started to commence the production in 1990.They claim the company has been producing PET film for more than ten years. At present. 500/MT and RMB11. the consumers mainly distribute in local area. R. They disclose that the market of PET chips was not very good last year. 000.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. The company adopts glycol and PTA as the raw materials. With respect to PET chips. 500/MT. They comment that the prices are slightly high. P.000MTs/year currently. film chip with additive and bright film chip (without additive). film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10.
China. Current price is RMB10. Current output is 700~800MTs/month. material supply. 1. Sales and Export They claim UPC has import and export license.com 1) Company Background 127 . They estimate the price will go up next month.000MTs/year. The Chemical Factory of UPC has passed the ISO9001: 2000.R. Power Plant as well as some specialized service organizations such as equipment installation. It has already established serial development and production organization of relative products such as amino. engineering and transportation. 200/MT. Products of UPC are sold in China and exported to many countries and regions such as Russia. resin powder. But usually they don’t export PET chips V-3. amino-plastics. Cixi 315334. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr..000MTs/month at most. Southeast Asia and Middle East.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998. Plastics Plant. carbon dioxide. Ltd Address: Hangzhou Bay New Zone. UPC consists of Chemical Factory. Zhejiang Province. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. long-efficient urea. burning-proof bubbling foam materials and liquid ammonia.zbcfc. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. Zheng Website: www. P.28 Zhejiang Zhenbang Fibre Co.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30.
000MTs/month after maintenance. Address: Lichun West Road.Zhejiang Zhenbang Fibre Co. 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. Luoyang 471003. Its annual capacity is 200. and also provides consultation and service of polyester producing system.2 polyester fiber factory.300 employees and covers an area of 635.. Its total assets have reached RMB1 billion. The company also produces filament with PET melt.000MTs/year.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr. Ltd and Ningbo Anbang Fibre Co. Ltd.000 square meters. All PET chips produced by this company are for sale. It has 1. (Zhejiang Zhenbang) was founded in 1990.lypet. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line.000MTs/year. Luoyang Nanfeng specializes in the research and production of different polyester chips.. (Luoyang Nanfeng) is held by China Airbome Missile Academy.29 Henan Luoyang Nanfeng Polyester Co. They claim the company is an integrated enterprise and have been producing PET chip for two years. Henan Province.R. The production will not be resumed until Sep 15. P. Zhejiang Zhenbang owns No. The company was established in May 1997. Ltd.com 1) Company Background Henan Luoyang Nanfeng Polyester Co. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. The production capacity of PET chips is 1. The production capacity is 20. Ltd.. The company’s differential PET chips include: 128 . V-3.1 polyester fiber factory and No.. Ling Website: www. and holds the stocks of Ningbo Donghong Fibre Co. Ltd.
000MTs/month. Price They disclose that the factory price is RMB10. but the quantity is small. 129 . The company carries out production according to purchasing contracts. They disclose that the company mainly produces special PET chips. The production capacity is 1. They are willing to offer bottle and film grade chips for long term.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. 500~10. The company also produces bottle and film grade chips.600/MT.
products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. It is a sub-company of SK Group in Korea. Anhui Province on Nov. and also produce imaging. metallized film and film capacitors.V-4 Potential New PET Manufacturers V-4. Ltd. and Anhui Tongfeng Electrics Co. About SKC SKC was established in 1976.. 2004. Address: Tongling..1 Anhui TSF Electric Materials Co.China 1) Company Background SKC Co. which can be used in almost all white goods. and dicing tapes for protecting and holding semiconductor wafers.. According to the contract. SKC mainly produces polyester film. Anhui Province. Anhui TSF will produce polyester film for capacitor. (Anhui TSF) in Tongling. SKC is the fourth largest polyester film producer in the world and the largest in Korea. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. Ltd. information and electronic materials such as thermal ribbon for video printers. P.R. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. solar control window film for automobiles and buildings. 130 . The company will be put into production in 2006. the registered capital of Anhui TSF will be USD12 million. latest type electronic elements and energy-saving power equipment. Ltd. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. Anhui Tongfeng mainly produces a complete series of capacitor film. Ltd..
131 .V-5 Closed PET Manufacturing Sites Not available.
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