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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
the import volume of PET in 2004 decreased 44% to 150. Asia becomes the key region of PET demand. that in North America will slide down from 50% in 1990 to 41%.Executive Summary 1. The growth rate of PET demand in Asia especially China is the fastest in the world. PET manufacturers still can obtain profit because the cost of raw materials dropped.25 million MTs/year increment of PET production capacity in 2005 and 500. Recently the price of raw materials rose again. 3 . It is estimated that the demand of PET in Asia will account for 29% of the global demand. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. Some PET producers have announced to invest new PET facilities. Due to the strongly resuming demand. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. Although the growth rate of demand is higher than that in Europe and North America. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. As the application technology gets mature increasingly. However. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. and PET producers have increased the PET price RMB88/MT since Aug. and the price ever rose to USD1. As the demand off-season comes and the price of raw materials slides down this year. Because of the high operation rate and large price increment of the raw materials. DAKAmericas. together with the antidumping tax imposed on the PET imported from India. According to statistics. 760/MT in Dec. Middle East and Africa will still account for about 30%.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. Global Overview of PET . decreasing import as well as few newly-built facilities. Although the International Trade Commission of the United States decides to nullify the import tax on PET. the import of low-price PET will strike the United States in 2007. the price increment of PET in the United States was as much as USD594/MT. In 2004. the price of PET decreased USD209/MT. that in Europe.000MTs/year in 2006. the price of PET in North America goes up. 2005. Indonesia and Thailand by .000MTs compared to 2003. it is estimated that the import of PET in the United States will keep stable this year. However. For instance. there will be a 1. 2004.
About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed.8% of global PET was used to produce chemical fibre. easy to re-airproof. the press on the profit ability in European PET industry will continue to exist. Since PET entered the market. the consumption volume of bottle-grade PET in the world was 5. it doesn’t react with other drink and produce ill odor. 54.8 million MTs in 2003. transparency. PET producers in West Europe restrict the import of PET through antidumping. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. and in 2004 this volume increased to 31. which will reach 4.7 million MTs. The operation rate will be as low as 60%. and the global consumption of PET bottles arrived at 6. In past years. black tea. bottle and film fields.4 million MTs/year. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. In 2002. 4 . Asia-Pacific will follow North America. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market. mineral water and other packing fields. about 14% of global PET output was used to produce film. At present. Because the capability of PET resin is steady. film-grade PET will take a larger part of PET production in the world. with the consumption volume of 235. If new PET facilities are put into production on schedule. In 1995. The proportion of fibre-grade PET will drop in future years.000MTs.5 million MTs. oolong. In 2004. the overplus of PET production capacity in Asia was about 2. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers.4% in Chinese bottle marketplace.In 2004. PET is mainly applied in fibre. In developing countries. and the application in other fields only accounts for 1.6 million MTs in 2004. and this proportion will be up to 17% in 2005. At the present the PET has been applied in drink.4 million MTs/year. At present. In 2002 the PET output volume in the world was 26. and North America will become the largest market in the world with the consumption volume over 250.000MTs.6% of total consumption. the product is used for many fields for its excellent properties such as light weight. In future years. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. especially the price of materials is low. It is predicted that such situation will turn better until the price of raw materials falls down. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. more than half of global PET was used to produce chemical fibre.
5 . In China. far higher than other countries. The consumption volume of PET products in China increases at the rate of 8. and polyester staple fibre increased 22%. accounting for 49% of global output (exceeding 7 million MTs). about 10% was consumed in packaging field and 5% was used to produce film in 2004. the average annual growth rate was much higher than that in the world. which will drive the consumption volume of PET. accounting 42% of the global output. and lays the foundation for the continuous development of textile industry. Chinese polyester filament output increased 24%. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. it created conditions for Chinese polyester products moving to international market.2. the output in China grew rapidly in 2004. With respect to the output of chemical fibre. From 2005. and its proportion in global chemical fibre output increased from 36% to 40%. Chinese PET production capacity accounts for over one third of global PET production capacity. Although the rate of operation of PET in China was not enough. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). Meanwhile. PET Market in China During 2000 to 2004.5%. China is a large PET consumer.
10RMB 6 . etc. In order to obtain the details situation of Chinese manufacturers. The appendix-Manufacturers in China. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. 2005. consumption. Rate: 1USD=8. raw materials. The information in this report is dated to Sep. even if they already stopped. export. etc. plan. technology.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. magazines. etc. Consumption Patterns of PET and Price Trends. All the Chinese manufacturers have been located. introducing the major producers in China based on the extensive telephone interviews. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. etc. market view. production. This report is presented in five parts: The main body-Technology Development. discussing and summarizing the production situation in China form aspects of present production situation. The detailed findings of each manufacturer has been edited and summarized for reference. extensive telephone interviews have been conducted. Market Trends and Forecast. The aim of this report is to provide basic understanding to the Chinese manufacturers. consumption. production level. In most instances. either those who are active in production or those who are idled now. in order to uncover the situation of each producer from aspects of capacity. journals. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media.
At present. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . PET product for distribution is produced. Ltd. and cutting PET into chips or granules in water. put its 60. The production flowchart of PET is as follows: PTA Esterification. Sinopec Yizheng Fibre Chemical Co. The following is the brief introduction of the two technologies. Now in China. DMT technology and PTA technology.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. most of the PET manufacturers adopt two production technologies to produce PET polyester. then PET can be obtained through polycondensation reaction. I-1. After polycondensation reaction between PTA and EG.Part I Technology Development I-1 Historic PET Technology Trends In 1984. few PET producers take this technology in China. I-1..000MTs/year PET chips production line into production.2 PTA Technology PTA technology adopts PTA and EG as raw materials.
Thus the polymerization degree and reaction speed can be improved. and be various in terms of various reactors.2:1.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). the reaction pressure should be higher than atmospheric pressure. Time for polycondensation reaction is two hours at least. The key points in the second step include: • • • • In order to shorten the reaction time.1~1. The mol ratio between EG and PTA is within 1. The reaction balance should be broken to let this reaction move to the right direction. The optimum reaction temperature is within 275~290 ℃. • • 8 . during the esterification phase. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET. And the reaction temperature should be higher than the boiling point of EG for the same reason.
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.
One-step process is also called thermal forming. while the production of bottle blanks and plastic-injection. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. being stretched and plastic blown. The one-step and two-step processes are basically similar. If the material of bottle top and bottle body is PET resin. In general. stretching and blowing molding machine. both one-step and two-step can be adopted to mold the bottle top first. if PC is taken as the material of bottle top. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines.6. the molding process of one-step technology is unlike the process of two-step technology. stretching and blowing in the twostep process are completed by two separate machines. The automatization level of this process is high. then to another position. while the energy consumption is low.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. I-2. I-2.6. Because of the special requirements of hot filling PET bottle. There are special requirements on the bottle top. the equipment of this process is simple. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. 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. However. The difference is that one-step process is completed by one plastic-injection. Here the definition of two-step process is different from that of cold filling PET bottle. the investment needed is not large and it is easy to operate and maintain it. The automatization level of this process is low while the energy consumption is high.I-2. 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.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. Two-step technology is that pipe blanks are heated. stretched and blown plastic after being deposited for more than 24 hours. The two-step production process of hot filling PET bottle is: 10 . only two-step process can be adopted.1 Introduction of Cold Filling PET Bottle Molding Technology At present.
11 .PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product. This method is widely used in hot filling PET bottle production at present.
the bottles can endure over 90℃. 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. I-3. They have experimentally produced 350ml and 500ml PET bottles.5L and 2L beer bottles. while the lost of CO2 in the beer will have impact on the bubble effect. preventing CO2 from emanating out. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. highly obstructive performance is attached more and more attention. for the huge future market potential. preventing aromatic flavor from emanating out. Therefore. they are constructing new factories and plan to carry out large-scale production.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. After thermal forming. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. which makes the fresh-keeping period of beer in PET bottles reach 100 days. They adopt co-injection and blowing pulling technology. and the packaging requires enduring 6267℃. These requirements become key problems in the development of plastic beer bottle. 95% of beer in China is produced with pasteurization method. Therefore. In order to replace the glass bottles and metal cans packaging in beer. Meanwhile. At present. tea and other drinks needing hot filling packaging. They are thermal forming bottle. highly obstructive PET is mainly used in food and beverage packaging industry. I-3. I-3. Even minimum oxygen in the packaging container will make the taste of beer changed. milk and fruit juice industries.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. as the major function of PET packaging material. I-3. preventing water or vapor from damping the products. processing and PET performance improvement. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. which will be a profit spotlight. equipments. liquid and other infiltrations. At present.4 Multi-layers Technology 12 . such as preventing oxygen from oxygenating the food. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. It can be produced into over 80℃ hot filling bottles. Thermal forming bottle is fit for 85℃ filling requirement. and are developing 1. At present. PEN has a high heat enduring performance.
Amosorb is used in the more profitable multilayer bottles. I-3. Amosorb is a positive interlayer. EVOH can improve the resistance performance of PET bottles over ten times. 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. Mr. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. And later BP purchased Amoco Corporation. which was headquartered in Britain. having permanent oxygen-absorbing function. Mr. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. Said Farha. EVOH and MXD6 and PEN. The other question about multilayer bottles is the recycling question. Farha commented that the using amount of un-returnable drink bottles will increase. and is estimated as another method to improve the sealed performance of polyester. Thus these beverage products need well-sealed packaging. Barnaby Wallace and Mr. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). In 1998 Amoco Corporation put Amosorb into commercial production. or carry out plasm disposal (ACTIS technology). the purchasing managers respectively from Coca Cola and PEPSI. the two beverage giants in the world. developed Amosorb DFC that is a kind of polyester. As transparent polyester. which means that the low-cost well-sealed packaging bottles will have a huge market potential. commented by Farha and Wallace. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. BP Corporation.Three-layer or five-layer bottles can be produced. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. Switzerland. In China about 70% of products from Coca Cola are distributed by distributors. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. Even though the high price and the challengeable recycling job.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. EVOH is an efficient material with high gas-resistance performance. At first. The demand of EVOH increased 13 . used as oxygen absorbing agent in packaging industry.
000MTs). beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. 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 gas-resistance property and heat endurance of bottles have been improved. resistance property of which is 14 . The difference between PEN & PET is only on the molecular side chain.81 million MTs). In the United States and Western Europe. 2004. Chinese beer industry generally adopts pasteurization method after filling. whose sales number of the bottles added up to 300 million. It is reported that the resistance property of NPET is stronger than ordinary PET. Nippon Gohsei constructed a 15. which reduces the cost. lower gas absorption. it is only adapted to asepsis filling due to its low heat endurance. England. They have produced semi-transparent beer bottle sample. chemicals resistable. Meanwhile. The above two methods have disadvantages of low transparency.PET Bottles In Oct. So PEN have good performances of gas obstructive.000MTs/year EVOH manufactory in Saltend.rapidly along with the rapid demand of PET bottles. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. Hull. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. it can be disinfected with alkali and recycled. complex technology and special requirements on equipment. I-3.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. which meet the requirement of three to six months of retention period of beer. heat resistable (Tg＝112～ 123℃). Miami and other five cities. difficult to be recycled.000MTs/year. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. 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. In the United States the total market value of PET for bottles was about 4 billion pounds (1. there are naphthalene nucleuses instead of benzene rings. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. I-3.7 Nanometer. On the molecular side chain of PEN. and the market size of EVOH and MXD6 was about four hundred million pounds (180. UV obstructive (UV of wavelength under 383nm can be obstructed). Since 2002 the demand of EVOH in Europe has increased with 15% rate. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. Although its gas-resistance property is improved.
it will not be damaged in the process of transportation and deposit. Its process adopts coating the internal of PET bottle a monox layer. which offers excellent gas-resistance and fragrance-keeping property to products.000-18. Glaskin TM and Sealica TM. Sealica TM technology adopts repeating injection technology. Meanwhile. put out its newly developed two technologies. This new technology can produce 0. The future of NPET is favorable. Therefore..8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET. The thin monox layer can be recycled by current PET recycling equipment. the heat endurance property has been improved. Because the layer is coated in internal surface of the bottle. 15 . Glaskin TM is a patent technology of Tetra Pak. every product packaged in the bottle can achieve the longest storage life. A Glaskin TM bottle including label and faucet only weighs 34g. With stable and reliable performances. this kind of products has already met the technologic condition of large-scale production. the transportation weight of each Glaskin TM bottle reduces 320g. Through improving PET’s heat endurance and gas-resistance properties. the fresh-keeping period is prolonged over 6 months. 2005.said 3-4 times higher than PET bottle.9 Glaskin TM from Tetra Pak China In Apr. thus less pollutant is produced during transportation. injecting a layer of high-resistant polymer on the PET bottle top blank. while the production cost is lower than that of glass bottle. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. Ltd. Compared with ordinary PET bottle.2-2L consistent high resistance PET bottles. It achieves the same effect as glass bottle does. I-3. and its coating rate is as high as 6. Tetra Pak China Co.000 bottles an hour. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. Glaskin TM technology aims at highresistance packaging applied in beer. I-3. for beer and juice market.
include capacitance film. magnetic-film. insulated film and so on. Its specifications include semi-dull chip. Generally. bottlegrade chip and film-grade PET chip. chip for water bottle. bright chip. super bright chip and cation chip. Fibre-grade PET chip is used to produce polyester filament and staple fibre. PET chip can be divided into three types: fibre-grade PET chip. chip for edible oil bottle and chip for hot filling drink bottle. Bottle-grade PET chip is used to produce bottles. Its specifications mainly include chip for carbonated drink bottle. 16 . widely used polyester with the biggest production volume.I-4 Product Types of PET PET chips are the earliest developed. Film-grade PET chip is used to produce film.
the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. zirconium and natrium and their mixture. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. Japan. Process The conditions of polycondensation process in China and abroad are basically similar to each other. German. 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. The comparison of Chinese and foreign technologies is narrated from following aspects. it’s about 10 hours for Chinese producers while 3. Chinese producers usually adopt comparatively low temperature and pressure. there are few such breakthroughs in China. the technology applied by Chinese PET producers was introduced from foreign countries. silicon.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. aluminum. and the step of technologic innovation falls behind at the same time. In general. This is similar to overseas PET producers. there is a gap between Chinese technology and foreign advanced technology at present. France. Catalyst Amongst most catalysts used by PET production facilities. the usage volume of stibiumcategory catalysts accounts for 90%. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. However. neither in foreign countries.5 hours for foreign producers. There are few DMT facilities in China. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. while there is a big difference on the conditions of esterification process in China and abroad. Currently. Some companies aboard have already started to develop the catalyst system using lanthanon. Facility Almost all major PET producers in China adopt PTA facility to produce PET. Italy. At present. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. Britain and the United States are the main technology sources. With respect to the total reaction time. Product Quality 17 .
there are still three major restriction factors in PET production which Chinese PET technology cannot solve. heavy metal and ash. The PET engineering plastic products of American GE Company. as well as certain pressure-endurance. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties. 18 . German BASF Company. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. including weak intensity of melt. Technologic Bottleneck Currently.Generally. there is few difference between Chinese and oversea PET products in terms of environmental protection. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. slow crystallization speed and weak stabilization of size. processing performance as well as the content of aldehyde.
water. 19 .000MT-grade liquid chemical dock. TSF will achieve sales revenue of USD17. producing and marketing PET film in China in 2006. which have great influence on PET production in the world. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. After being put into production. SKC South Korean SKC Company. and corresponding 50. Daxie Mitsubishi PTA project will build 600. After three phases projects completed. will have a 900. and it will be put into production in Sep. In addition.the fourth generation Mitsubishi PTA technology. who will offer the raw materials of film-grade chip to TSF. Therefore. and the cost of production in China is low. TSF will produce polyester film for capacitor. The total investment of the whole project is about USD1 billion. SKC is a sub-company of SK Group in Korea.6 million MTs. and its annual production capacity will reach 2. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. 2005 in Daxie Island of Zhejiang Province. more and more foreign companies. products produced in China are distributed in local regions. it will become the largest PTA project. The total investment of its first-phase project is USD314 million..Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. which is a Sino-Japanese joint venture project started construction in Jun. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products.000MTs/year PTA facility put into production. 2006. named TSF. Ltd. Mitsubishi Daxie Mitsubishi PTA project.000MTs/year PET facility in Zhangjiagang. power. the largest single production scale in the world. come to China and set up factories jointly with Chinese large chemical fibre enterprises. the fourth largest PET film producer in the world..000MTs/year PTA production line. including labor. will set up a joint venture. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-. etc. Ltd will hold the remaining 75% stake.14 million.
CWRC’s PET chip capacity is 270.000MTs/year PTA project in Ningbo. jointly set up by Italian Radici Group. Taiwan Formosa Chemicals & Fibre Corp. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. It is put into production at the end of 2004.000MTs/year. FET has two production lines of PET. (FET) is an important polyester producer in Taiwan.- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. which will be put into production in the third quarter of 2006. film-grade PET chips.. Ltd. Ltd.000MTs/year.000MTs/year polyester staple fibre facility in Sichuan Province. invested a 600. but the schedule has not been fixed yet. and Hong Kong Qiule Development Co. plans to build a 350MTs/year polyester project in Kunshan. CWRC also invested Euro 65 million into a 165. Shanghai Worldbest Co.000MTs/year PET production line project. With total investment of USD114 million.000MTs/year polyester staple fibre and 290.. Nanya Plastics Corp. (CWRC). 20 .. which makes its total PET production capacity reach 450.. Changzhou Andenie mainly engages in producing and marketing bottle-grade. In addition. with total production capacity of 220.000MTs/year in 2004. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. planned to increase its 30.000MTs/year in 2004. Jiangsu Province. Formosa Chemicals & Fibre Corp.. Huvis Huvis plans to build a 220. Ltd. FET Shanghai is a sub-company of FET. announced to enlarge its production capacity of bottle-grade PET. Taiwan Nanya Plastics Corp.000MTs/year.. Ltd.000MTs/year polyester filament. Ltd. Taiwan Formosa Chemicals & Fibre Corp. a wholly subsidiary of Korea Kohap Group in China... it has 50. plans to set up a second PTA facility in Ningbo. FET Far Eastern Textile Ltd.000MTs/year polyester filament capacity to 130. Ltd. the largest non-fibre PET chip producer in China. Its production capacity is 220. Italian Radici Group Changzhou Worldbest Radici Co. Zhejiang Province.
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,
500/MT to RMB14. and the United States. It is estimated that this volume will keep double-digit growth in next few years.5%. Therefore. II-2. China is a attractive market for foreign PET producers. these unfavorable factors have limited the wide application of PET in China. large investment in equipments. high production cost and environmental pollution caused by recycling difficulties.5% to 6. multilayer compound technology is the mainstream of PET obstructive packaging technology. In China. Chinese government lowed down the import tax for products of polyester chain including PX. the tax rate of PTA was reduced 0. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. Meanwhile. On the basis of the tax rate in 2004. Therefore. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future. The price of edible PET materials once roared from RMB 7. complicated processing control.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. which makes domestic manufacturers feel pressed. 100/MT in 2005. the PET price has increased from RMB8. PTA and PET. and some PET giants have already set up companies in China. which directly stimulated the price of beverage 23 . Most imported PET is from Taiwan.7 PET Price Price is a very important factor that influences the sales of PET.growing 19. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products. raw material supply and sufficient investment. and that of PET and PX was cut down 1% to 9.7% and 2%. The cost of beverage packaging material PET accounts for half of the product cost. while China only imports a small quantity of PET. Taking beverage industry for example. During the past two years. foreign competitors have the advantages in terms of technology. China needs to import PET products from foreign countries. 000MTs/year. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. PTA and PET by USD5~10/MT. infiltration-resistance and radiation-resistance is still a blank in China. II-2. Because the raw materials for PET production in China mainly depends on import. Japan. These technologies have many unfavorable factors. South Korea. II-2.31%. 710/MT in 2003 to RMB13. it’s estimated that the production quantity of this kind of products will increase at a high speed. It is likely to reduce the import price for PX.5 Customs Tariff In 2005. according to the commitment of China’s entry into WTO. such as strict requirements on plastic processing machines.
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. 24 .product to increase sharply.
beer and wine industry. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. and the production capacity of these two materials will increase a lot in recent years.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. mainly including technical difficulty. domestic supply of raw materials is far to reach the demand. shortage of raw material as well as capital problem.II-3 PET Production Difficulties In China. especially the PET bottle manufacturers of beverage and beer industries in China. or the improvement degree is not enough. it still cannot supply enough PTA and EG for PET production.15 million MTs. the gas-resistance performance is a technical problem remaining unsolved at present. Chinese manufactures have to import raw materials from abroad. while as of now none of them was really accepted by PET users. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry. China’s total demand of PTA and EG in PET production will be 11.12 million MTs respectively. It directly increases the production cost of PET. or the performance-improved PET materials bring difficulties for the recycling of bottles.5 million MTs and 3. However. Although there are some new or ongoing projects of PTA and EG. Technology for PET production is still in the process of research and development.74 million MTs and 1. the shortage of raw materials will still be a serious problem in Chinese PET production.1 Technical Difficulty Technology is a key factor influencing production. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. while the output of PTA and EG will be 3. In 2005. II-3. II-3. there are some difficulties of PET production. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. II-3. Therefore. Therefore. Advanced technology can improve production output and reduce production cost.3 Capital Shortage 25 .
It needs large capital investment in every production sector. Capital problem is another serious problem in PET production in China. Some PET manufacturers in China stopped some of its production lines for capital shortage.PET is a capital-intensive and technologic intensive product. 26 .
there is a large distance and many problems in Chinese PET production. The United States and European Union set many handicaps to Chinese chemical fibre export. Especially after the textile quota was nullified in 2005. China has the biggest beverage. The contradiction of product structure is serious. Chinese PET products are inadequate. Polyester fibre products account for about 90%. while non-fibre products only account for 10%. - - - - - - II-4.2 Prospect and Opportunities China has the biggest textile industry in the world. much more fibre-grade PET will be used to produce polyester filament and staple fibre. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. beer and food production industry in the world. far lower than the 35% average level in the world. Thus thin film grade PET consumption will keep incredible growth rate in the world.II-4 Competitiveness of Chinese Production and Supply II-4. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. mainly depending on polyester fibre with low value-added in domestic and oversea market. The upstream and downstream products are out of joint. China is also one of the biggest manufacturing bases of electronic products in the world. Aiming at Chinese chemical fibre market. which consumes a large volume of fibre grade PET products. - - 27 . The demand of domestic chemical fibre has not obtained great breakthrough. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. especially the environmental protection will be the next barrier to China. Current Chinese polyester industrial chain is serious unbalanced.1 Distance and Problems Compared to PET production in foreign countries. Chinese government attaches importance to environmental production.
- 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 .
the production capacity of PX is predicted to increase 1. On that occasion. Since 1990s. China is the largest import country of raw materials for PET production in the world.1 Demand & Supply Situation Because of steady growth of demand. thus it is an indirect raw material of PET. 29 . the supply gap of PX in China will be up to 1. II-5. In China. the new capacity increment of PTA was bout 1. By 2006. In 2003.000MTs.1 million MTs in China. due to large demand gap.21 million MTs to 3. The capacity construction lags far behind the growth of the demand. II-5.12 million MTs/year which demanded 2.6 million MTs. the cost of raw materials accounts for about 75%~80% of the total cost of PET production. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5. It is predicted that the gap between PX demand and output will widen further.4-6. the production capacity and output of PX increase continuously. Up to the end of 2005. According to custom statistics. the production capacity of PTA in China reached 4. However. while the increment of PX was only 450.1% compared to 2000.8 million MTs.II-5 Raw Material Supply Situation At present. hitting a historic record and increasing 72.1. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007. as Chinese polyester industry grows rapidly.36 million. China needs to import large quantity of PX from abroad every year. with the consumption volume accounting for about 85% of total PX consumption.5 million MTs/year.1 PX PX is a principal material of PTA. The supply of PX produces much influence on PET production. During 2002-2003. China imported. the global PX consumption is mainly concentrated in PTA field. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. 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.74 million MTs.50 million MTs. At present. most PX in China is used to produce PTA. while the production capacity of PX was 2.
It shows that domestic price of PX was relatively stable since Jan.1. RIL’s total capacity of PX is 1. thus the PX supply situation becomes more tensional. while the import price of PX kept rising during this period. Indian Reliance Industries Limited (RIL). and no new PX installations were put into production.2 Pricing of PX The following table describes the price information since Jan. the price of international crude oil keeps on increasing.35 million MTs/year. 2004. announced to stop its PX facilities in Jamnagar in Oct. regardless to the claims form downstream buyers. which will probably result in regional tense supply. 2005 for about 40 days. are under checking and fixing. especially facilities in South Korea.- Many new PET facilities were put into production in the past years. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. huge PTA demand caused the PTA shortage problem. on the other hand. 30 . 2004. a PX giant in the world. II-5. - Even in sometime. The reasons for the price increment lie in that on the one hand. Many PX facilities.
2 PTA II-5. while the consumption of PX by PET was 10. 31 . RMB/MT 9.2.500 9. China needed to import large quantity of PX from abroad. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.000 980 II-5.640 9.750 7.1 Supply of PTA in China In 2004.700 9.2-1 Pricing of PX since Jan.820 9. Therefore.800 9. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.Table II-5.500 9. 2004 Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.750 9.500 9. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1.625 9.536 9.1.450 9.6 million MTs.600 9. CIF MCP.650 9.500 Import Price.300 9.630 9.5 million.800 9.830 9.350 9.720 9. the output of PTA in China was 3.
but about 60% of domestic PTA demand depends on importing from other countries. 2 Petro China Liaoyang Petrochemical Co. The following table shows the consumption volume in PET production in China and its growth rate in past ten years..000 500.000 60. Fujian Shaoxing. 9 Xiamen Xianglu Group Co. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year.000 1 Sinopec Yangtze Petrochemical Co..000.. Guangdong Urumchi.. Liaoning Yizheng.000 500.000 3. Ltd. Ltd.000 75. Shandong II-5.000 530...000 900. 13 Sinopec Luoyang Petrochemical Co. Total Ningbo. Ltd. Ltd. 10 Shaoxing Zhanwang Group Co.850.. Ltd. Ltd.000 350. Chinese PTA market will keep on increasing. The consumption of PTA in China’s market has accounted for 30% of the global consumption. Jiangsu Liaoyang. Ltd. PTA import. Ltd. Ltd... 12 Sinopec Tianjin Petrochemical Co. 15 Petro China Urumchi Petrochemical Co. Ltd.000 75. 7 Far Eastern Industrial (Shanghai) Co. Ltd. Xinjiang Jinan.000 400.Table II-5. Zhejiang Shanghai Shanghai Xiamen.. As the raw materials for PET production. Zhejiang Ningbo.. 8 Mitsui Chemical (Shanghai) Co. 3 Sinopec Yizheng Chemical Fibre Co. 4 Zhejiang Hualian Sunshine Petrochemical Co.000 450. 32 .. Hangzhou. Ltd. PTA has maintained a stable consumption rate during the past ten years. Zhejiang 5 Ningpo Dupont Co. Ltd. 6 Mitsubish Chemical (Ningbo) Co. 16 Jinan Chemical Fibre Group Co. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. Ltd..2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China. Manufacturers Location Nanjing.000 350. 14 BP Amoco Zhuhai Chemical Co. Ltd..000 980.000 450.1-1 Major Chinese PTA manufacturers No. MTs/year 1. 11 Sinopec Shanghai Petrochemical Co. Ltd.2.. Zhejiang Shanghai Tianjin Luoyang. Henan Zhuhai.000 350.. Jiangsu Capacity.2.0000 530.
24% 10.900 8.040 8.860.29% 13.740 8.300 8.120. USD/MT 1.900.Table II-5.000 7. 2004 to Sep.260 Import Price.2.000 10.110.750 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.200 9.150 9. 700/MT. RMB/MT 8. Table II-5. 2005 in China.525 8.200 8.300 9.167 7.536.95% 9. 2004 to Sep.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.000 4.424. 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.515.20% 9.560 8.850 8.030 970 965 1.000 5. The average domestic price stood at about RMB8. and average import price was USD890/MT.653.960 8. MTs 4.966.000 5.000 8.90% 9.775 9.69% 9.000 11.000 8.25% 8. 33 .2.2-2 PTA Price during Jan.000 9.100 8.000 9.000 6.795 8.15% Growth rate The following table shows the price information of PTA during Jan.730 8.830 8.99% 9.405. CIF MCP.
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.
182.763 740.957.224 560.034 389.418 127.100 2.676 2.145.100 969.600 1.083 1.462.300 3.482 660.537 228.052.300 31.100 2.200 100 200 2.000 23.000 3.844 581.572.587.500 807.737 143.400 230.900 3.Table II-5.900 788.000 Production 550.000 Consumption 656.013.700 2.900 1.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.901.019.600 1.000 Volume 205.062 170.300 308.127 2.000 2.700 843.966 2.402.163 1.639.700 1.100 1.500 906.516.900 23.410.900 707.906 Production 106.517 317.530.597.700 1.600 199.173 489.050.156 3.400 35.300 1.094 Import Export Apparent Consumption by PET Consumption by other 35 .200 566.000 Volume 4.005.500 883.038 882.800 907.049.600 5.400 749.100 558.3.
110 1.050 1.790 10.960 9. RMB/MT 9.2-2 EG Price during Jan.020 980 990 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.500 Import Price.030 970 1.200 10.065 1. CIF MCP. 2005 in China.850 11.500 9.600 10.900 10. Table II-5.200 9.500 10.860 9.960 9.300 9.100 890 775 800 855 880 945 36 . USD/MT 1.070 1.750 9.890 10.800 10.930 9. 2004 to Sep.The following table shows the price information of EG during Jan.060 950 985 995 1.870 9.960 10.980 9.085 1.3. 2004 to Sep.300 9.
II-6 Historic PET Market Development PET industry was started in China in 1987. Before 2004.6%. Terylene fibre industry approached the edge of deficient. PET recycling becomes the big problem since the production and consumption volume of PET has become very big. tea drinks and sports drinks are made of PET materials. PET manufacturers and users are optimistic to the future PET consumption market. thus the production volume of PET in China has also increased at a rapid speed. purified water. China has gradually become the biggest market for bottle grade and packaging resin grade PET. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. PET has become one of the most important petrochemical products in China. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. 37 . The global PET development speed is dropping. At present. In China. In China. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. During the past ten years. PET capacity in China had expanded 15 times. the average growth rate of output volume speed is 104%. the output of PET in China can basically meet the domestic demand. PET growth rate has maintained a high level for over ten years. which in Asia. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. especially in China. which is six times to the average speed in the world. the output and apparent consumption volume of PET in China grew at a double-digit rate. or bottle grade PET is the fastest. far higher than the global average growth rate. With the rapid development of China’s economy. from 1995 to 2004. 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. PET bottles’ wide application will continue to drive the development of PET consumption. The average growth rate is 36. and China only imports a few of PET from aboard. the growth rate of packaging resin grade. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage.
39076090: Other primary PET.835 183.297 2.967 123.339 351.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes. 39076011.396 342. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004. USD 855 795 717 856 1083 Export Average Unit II-7. USD 628 1.589.195 630 657 718 3. Explanation: HS Code 39076011.028 8057 95072.579 Average Unit Volume Value.131 477.671.179 318.124 Price. 38 . 39076019 and 39076090.1 PET Import Information in China The import volume and value of PET products in China increased year by year.151.404.864 223. Value. USD Price.400 6.669 169. USD MTs 2000 2001 2002 2003 2004 506.279. the value went up 48% and the unit price rose 9%. the import volume increased 36%.238 265. value as well as unit price from 2000 to 2004. The following table lists the import and export information of PET in China in terms of volume.600 167. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume.262.600 68144800 191.300 147.418.425. 39076090 39076011: High viscosity PET chips. Comparing the import in 2003 and 2004.500 230.377. 39076019. 39076019: Other PET chips.
261 5.661.234 39076090 6.532.267 7.778.443 11.458.682 230.958.481 1.016.944 9.350 19.860 26.634 667.736.291 17.314 16.266 15.053.865 1.245 28.Table II-7.779 8.406.986 33.445 2.716 1.591 28.589.175 2.227 351.270.294 8.910 13.333 2.544 13.162 20.360 18.570.121 15.954 14.603 7.356 22.988 5.457.508 1.350 6.444 8.504 18.898 31.488.985 93.748.842.873 14.751 4.954.396 39 .547 5.532 15.198 19.973 25.906 40.104.956.869 1.535 39076011 1.834.814.860 17.253 12.770.830 1.467 5.571 39076019 14.293.942 6.755 10.661.976.276 12.202.299 4.037 10.359.729 116.451 11.701.845.668 1.846 21.878 Total 22.008.577 39076019 39076090 22.728 1.297.431.248 2.165 25.709 6.723 6.131 20.946 17.859.164 152.466 15.500.072 9.993.678.115 2.143.165 1.141.366.1 Import volume and value in 2003 Volume.1.773.344 2.264.471 6.338.037 13.457.509 626 1.882 7.302 1.339 16. 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 1.868 5.961.361 Total 37.005 1.082 17.849 20.950 20.009 19.720 1.671. USD 179.235.043.581 13.683 Value.362.440 2.111 18.766.724 37.796 27.884 8.877 18.327 13.993 9.676.997.320 7.
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
030 9.561 283.982. MTs 10.692 Total 18.2 Export volume and value of PET in 2004 Volume.761 1. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.376 23.221.3 Import Origins According to import records in recent years.731 1. USD 10.843 12.120 2.035 28.508 4.235 10. Japan.593.011 8.612 39076019 39076090 Total 16.996.598.883 1.504 205.390.394 2.131. USD 657.530.389 2.285.418.661 124.635.638 2.335 4.617 10.523 3.429. Table II-7.292.073 9.342 8.176.875 2.864 7.115 1.415.Table II-7.126.063 3.910 33.968.294 2.812 19.335 136.201 32.395.110 3.2.646.114 8.767.888 20.060.218 198.000.989 41 .823 2.003 9.938 17.949.880.503.208 2.541 169.395 5.201.786.377 9.706 Value.584 153 51 817 1.930 12. Taiwan.483 2.272.513 6.259 2. MTs Month 39076011 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Total 15.248 10.988 2.524 1.246 114.505 2.412 7.464 4.008 1.525 814 1.484 186 19.568 788 847 1.676 37.589 3.125 14.430.571 3.287.057.171 2.719.332 41.590 II-7.297 39076011 13.971 285.905 7.851 4.042 6.331 10.087 746.490 52.239.442 810.575 1.543 39076019 39076090 831 1.407 2.695 41.248.083 2.928 7.046.3-1 Import origins in 2003 under HS Code 39076011 No.205 9.018 694.935 2.236 157 209 117 21 9.352 345.579 748.377 8.053. Korea Rep and United States are the major import origins of PET for China.152.315.140.233 4.056.572 183.485 20.922 9.971.254 5.445.556.313 5.565.860 35.769 11.104 736 2.856 7.413.463.923 64.055 759.268 2.655 Value. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.
341.774 22.214.171.1240 1.212. 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. USD 64.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.099 127.284 152.Table II-7. MTs 93.582 9.245 413.084 511.198.434 43.187 29.327 Value.729 1.535 107.770.3-2 Import origins in 2003 under HS Code 39076019 No.776 5.334 1.954 116.778.519 1.112 896 740 739 288 249 214 178 145 114 100 234 152.254 23.043 1.263 548.193 2.410 85.019 171.220 531.019 984.821 17.985 42 .981 58.054 58.
622.087.318 17.892 Value.641 314.369.817 732.016 2.954 5.979 779. 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.849.280 838.317.673 1.496 6.193 1.725 625.980 615.902 24.081 160.711 624.449.647 5.128 2.3-3 Import origins in 2003 under HS Code 39076090 No.863 2.309 43 .209 8.059 1.983 1.496 4.896 784.995 1.948.085 2.587.987 6.347 22.473 1.511.537.016 895. USD 17.980 1.587 4.423 516.148 21.679.064 12.Table II-7.041 80.996 1.565. MTs 29.255 2.034 5.488 1.397 6.959 2.504 2.
375 4. MTs 8.3-5 Import origins in 2004 under HS Code 39076019 No. USD 9.871 24.745 Table II-7.742 1.376 Value.710 220.139 197.391 33.673 893.565 62. MTs 94.536 74.083 228.988.573.730 20.731.495 12. 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.726 346.189 455.Table II-7.294 649 533 338 263 169 146 134 129 432 164.809 163.506 334.195 2.148 8.680 1.751 348.304.669 11.230 90.926 16.658 3.341.948.606 758.063 38.463 Value.3-4 Import origins in 2004 under HS Code 39076011 No.380 580.224 1. 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.788 36.963 5.392.654.068 7.483 4.532.539 1.731.123 4. USD 91.509 90.356 216.187.306 692 282 203 200 117 65 56 45 13 14.466.385 44 .
290.041.334 18.764 5.172 12.859.187.658 1.882 11.062 3.154 2.056.110 2.209 10.911.955 3.688 4.380 15. MTs 39.815 1.694 1.818 4.804 3.228 1.966 8.236 1.632.089 1.126.951.326 10.720 2.833 3.138 28.757 5.022 1.960 11.081.Table II-7.380 507.781.268 8.492.191 2. USD 25.214 Value.011.434 3.209 2.594 4.264 4.550 1.788.641 1.931 814.243 2.140 4.859 161.046 12.323 3.120 2.787 1.109 673.709.340 2.565 10.067.117.888 1.931 45 .355 29.438 11.420 12.082 4.428.371 3. 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.585 6.956 1.942 2.822 684.922 2.788 792.490.261.455 4.422 7.048.931.859.743 827.730.770 3.787.949 22.467.118 297.3-6 Import origins in 2004 under HS Code 39076090 No.302 17.242.853.860.361 5.111 7.
MTs 49.000 862.000 230.750 2.145.996 662.700 3.000 2.618 Value.4-1 Export volume and value in 2003 under HS Code 39076011 No.000 294.668 1.000 598.140.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.250 580. the top export destination of PET for China are Italy.208.650 160.000 941.691.432.000 352.360. Table II-7.501 2.000 1.445 645.518.000 841.024.983 12.500 12.000 1.409 14.150 4.4 Export Destinations According to the export records in recent years.758 1.000 287.855 4.794 11.362.696. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.000 1.361 1.029.239 46 .074. Turkey. USD 60. Poland and Germany.965.990 1. 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 3. Belgium.469 120. Kazakstan.920 6.754 3.II-7.000 990.636 2.000 300.
745 9.111 11.000 345.000 3.200 1.825.000 3.554 300.000 504.698 47 .000 3.000 486.000 8.000.141 Value.246.982 2.900 1.176.451 1.4-2 Export volume and value in 2003 under HS Code 39076019 No.251.232.000 120. USD 31.000 294.Table II-7.000 171. MTs 26.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.000 689.269 145.000 1. 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.208.655.540 7.143 70.462.896 156.100 145.525 1.903 2.127.000 210.044 2.714.
613 2.000 125.000 3.000.601 2.007 Value.460.854 2.119.120 240. USD 4.600 1.050 1.000 60.740. MTs 3.372.306 31.050 109.000 3.000 200.568.270 240.290 3.734 1.4-3 Export volume and value in 2003 under HS Code 39076090 No.558 2.040 237.605 3.Table II-7.540. 1 2 3 4 5 7 8 6 11 9 10 12 17 13 20 15 18 14 16 21 Destination Countries United Kingdom (GB) Sweden (SE) Turkey (TR) Poland (PL) Israel (IL) Romania (RO) Malaysia (MY) Belgium (BE) India (IN) Italy (IT) Netherlands (NL) Morocco (MA) Korea Rep (KR)) Argentina (AR) Singapore (SG) United States (US) Hong Kong (HK) Finland (FI) Peru (PE) United Arab Emirates (AE) Others Total Volume.000 823.591 2.000 93.886.000 1.000 400.540 261.210 864 380 289 228 199 194 189 186 152 126 315 30.000 4.000 2.276 48 .957.040.300.010 3.625 3.494 1.
USD 15.015 79.000 5.571 3.795.601 7.775 5.219 6.666 5.911 3.305.592.101 4.788 89.008 1.935.381.423 1.642 1.780 1.188 1.407 6.045 2. 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.622.014 1.738.940.254 5.203.794 3.370.486 2.575 1.418 2.437 2.736.776 1.055.008 1.788 Value.544.644 49 .Table II-7.110 3.626 4.272 1.169 1.550.512 1.4-4 Export volume and value in 2004 under HS Code 39076011 No.101 1.289 3.033.814 1.130.725.436 3.219.799 7.189 1.661.493 2.878.859 8.408.570 2.257 1.103.884. MTs 13.370 9.144 3.518 1.
377 50 .200.607 35.457 2.098 500.581 893. USD 10.074 920.038 4.081 3.414 2.815.724 1.4-5 Export volume and value in 2004 under HS Code 39076019 No.505 740.262 2.163 568.580 1.719.281 2.804.618.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.028 1.780 2.861.467 614.535 536.533 2. MTs 9.049.063 Value.385 1.065 37.Table II-7.086 1.320.737.516 764.293 450.284 445.097.265 2.272 743.188 575.347 1. 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.316 464.
342 123.330.909 319.590 51 .162 146.467 455 373 210 210 99 75 60 169 9.Table II-7.198 338.096.276 1. 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.4-6 Export volume and value in 2004 under HS Code 39076090 No.663 169.285.299 3.799 9.187 1. USD 2.060 1.808.454 94. MTs 3.700 2.679.692 Value.117 179.
In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. 6. It is a favorable factor for Chinese PET producers as the production cost. 2003 to Feb. PTA. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co. 2.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. PTA and PET by USD5~10/MT. PET to 2%. 3. II-8. 52 . Chinese government lowed down the import tax for PX. Toray Saehan Inc. 2008. Ltd. KP Chemical Corporation Huvis Corporation Saehan Industries Inc. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019.1 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. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. which can reduce the import price for PX.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.2 Tariff Adjustment in 2005 In 2005. including high viscosity PET chips and other PET chips.7%. Hankook Synthetic Inc.5% and 9. Table II-8.
The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. and fall below 10% after 2008. the average growth rates will stand at 4% and 3%. beer. Chinese textile products took 17% of the global market. Bottle-grade PET chips are used to produce bottles for drinks. In future three or four years. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. beer industry. In 2002. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. But the development of chemical fibre industry will still be a driving force for PET industry. respectively.1 Textile Industry Currently. Polyester is a major downstream product of PET. By 2010. At present. II-9. The packaging of food and beverage industry is another major use sector of PET. chemical fibre accounts for about 65% of all materials in textile industry in China. In past years more than 83% of the total volume of PET was consumed by polyester industry. During 2010 to 2020. as the industry develops fast. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. polyester accounts for more than 80%. II-9. the growth rate will slide down gradually. edible oil and can food in past years and the forecast till 2015. edible oil and can food. However. 53 . The development of downstream products guarantees PET consumption and drives PET industry to develop forward.2 Packaging Industry PET can be used as packaging in food and beverage industry. while in chemical fibre market. textile industry is a big driving force for PET industry.
42% 605.630.43% 4.22% 2.684 22.00% 493.169 20.43% 5.180.065 43.69% 20.475 17.547.22% 54 . MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.71% 20.877.337 26.552.911 46. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.83% 17.42% 2.12% 57.71% 25.016.22% 846.79% 17.00% 2.600 27.118.484.07% 1.75% 57.60% 35.11% 35.234 30.350.65% 35.43% 2.299 43.234 23.550 50.136.894.07% 1.00% 1.22% 386.981 10.07% 2010 280.71% 17.271 22.17% 25.06% 17.996.07% 25.42% 2005 165.797 17.315 4.948 -38.43% 2015 529.60% 57.00% 2004 138.224.434 17.69% 35.672 19.15% 20.747 17.07% 2. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.618.42% 1. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.117 -39.73% 57.84% 20.345.Table II-9.55% 25.105.2-1 Consumption and growth rates of four industries Year Consumption Volume.
000 71.000 11.460.000 825.597 169.435 756.89% 35.000.000.020.574 100.04% 130.000 1.783 259.000 5.131 377.163 55.000 98.350.128. The following table records the historic and current volume of PET in China.000 8.000.8%.150.000 11.647. Table II-10-1 Historic and current volume of PET. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.000.500.841.000 4.191.05% 60.000 2.605 Output Volume Import Volume Export Volume Consumption 250.000 1.000 1. the production capacity of PET in China has accounted for 35% of global total capacity.000 1.000 9.530.52% 30.670.373 139.000 2.473 870. which shows that the PET market in China is growing.82% 20.000 5.500.000 562.000 65.348 11.000 390.000 40.860 351.500.659.395 3.500.180 4.556.000 420.000.000 14.165 2.959.823 766.648.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.000 120.000 15.51% Apparent Growth Rate 55 .762 688.000 3.000 172.73% 34.000 500.000 4.12% 43.660 5.179 20.000 8.650 136.950.176.78% 52.900 2. In 2005.860 191.
Bottle grade PET is mainly 56 .000 29.54% 8.000 752. But generally the growth rate in these fields will slide down comparing to the growth rate before.000 676.993.000 523.000 802.000 Output Volume Import Volume Export Volume Consumption 13.246.500.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.870.000 857.206.300 21.200.124.000 20.600 20. With respect to the production capacity.000 28.000 26.231.1 Forecast of PET in China till 2015 In the coming years till 2015.000 23. However.964. while that of PET export will not exceed 28%.000 32.000 15.489.81% 0. It was a booming period for PET from 1996 to 2004. Especially after 2008.000 17.444.800.640. bottle grade and film grade.000 27. while it will cool down in following years.000 32. Table II-11. the situation is similar to the production capacity. Fibre grade PET is used to produce polyester filament and staple fibre.001.896.605. import and export volume as well as the apparent consumption in China will increase year by year. In fact.000 556.000 25.100 13. In terms of import and export situation of PET in China. import and export as well as the apparent consumption of PET from 2005 to 2015.000 22. Such forecast is suitable for the apparent consumption of PET in China as well.634.800 15.640 21.400 408.213.960 414.09% 0.106.200 32.330. the growth rate of PET import in China in future years till 2015 will be no more than 16%.064.800 794.300 29.600 480. fibre grade.39% 8.193.43% 9. output.600 17. the growth rate will slide down to less than 5% since 2008. With respect to the output of PET in China.700 772.200 355.1 Forecast for PET volume to 2015.650.667.000 31.400 440.32% 12.84% 8.000 28. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.600 23.280 432.000 27.400 Growth Rate 19.10% 8.800 23. the growth rate of PET output will drop below 10%.000 27.240. the current capacity of PET in China has already exceeded about 30% of the demand.000 311.159.050.800 29.000 25.000 766.07% 21.606. output.000.820 21.000 654.562.30% 11. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.000 672.200 669.147.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.22% Apparent Annual II-11.000 710. The following table is the forecast volume of the production capacity.063.210.600 324. the production capacity.000 25.000 30.800 569.
124 12.522.5% was bottle grade.020.13% 7.41% 13.879.47% 13.27% 23.713.454 192.516 25.41% 25.878 15.158.20% 1.796 16.248.911.64% -11.468.351.084 Rate 25.370 274.875.797 19.178.410.546 Rate -13.299 4. As the packaging industry and film industry in China developed.804.083.229 17.51% 10.514 23. At the beginning.769 769.07% 14.315.29% 6.75% 14. fibre grade PET accounted for the most part of all PET products in China.921 857.53% Sectors 65. which with reduce the fibre-grade PET production volume.200 18.15% 32.343 3. Table II-11.22% 2.381.441 478.850. The following table shows the forecast volume of PET by each specification till 2015. the proportion of fibre grade declined year by year.4% in 2004 to 19.140 2.542 32.08% 1.387.530 834.38% 7.991 21.437 17.315 243.587.667 626.623. 0.715 20.268 16.501. edible oil and so on.740.389 243.136.145.86% 1.320 666.593 5. Among all the consumption sectors.156.023 II-11.1% was used for other products.687.131 2.600 20.105 4.44% 2.43% 10.486 3.16% -1.85% 6. 98% of PET products were fibre grade.960.74% -20.15% 0.020.881 1.36% 12.37% 736.45% 13.792 21. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.43% 1.654 19. and the consumption proportion will improve from 10.744 429.7% in 2015.232.79% 32. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.800 323. In 1995.126.11% 5.541.027.229.4% was film grade and the rest 0.2-1 Forecast for PET consumption in each end use sectors to 2015.587. 1.723 14.62% 24.09% 6.710 22.498 6.467 Rate 26.98% 42. It is estimated that fibre grade PET will account for about 70% of the total PET.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 2015.65% 11.28% 1.940 23.275.415 3.46% 30. over 15% annually.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4. bottle grade will take up about 20% and film grade will account for about 8% in 2015.283. 57 .28% 4. many PET manufacturers will shift to filmgrade PET production area. The demand for PET will reach the saturation. Film grade PET is used to produce film.867 981.565 17.73% 272. the growth rate for bottle-grade PET will be the fastest.36% 2.46% 15.805 27.959 29.152 12.93% 40.510.393 21.03% 14.42% 1.914 126.96.36.199% 6.consumed in packaging industry to produce bottles for drinks.273 18.47% 19.174 12.853. This trend will last to 2015.
000 600.4.4.000 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 Early 2006 2006 2006 2006 2006~2007 2006~2007 2006~2007 2008 Time for putting into To 2010. Ltd..000 800.. Zhuhai Biyang Chemical Co. joint investing. although all the PTA projects.000 600. Ltd. Mitui Chemicals Zhangjiagang Co. Ltd. Tenglong Chemical Co.II-11.000 600.000 500. including existing ones and potential ones.. Ltd. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co. Ltd.000 600.. Far East Industrial (Shanghai) Co.1 Forecast for PTA The demand of PTA in China is expanding. Ltd.000 500.000 600... Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co.000 700..000 600. run even to 90% of their capacity.000 600. 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. In near future the PTA manufacturers are estimated to make strategies such as joint purchase. Zhejiang Tongkun Group Co.000 600.000 600. PTA supply relates much with PX.000 500..000 500. Ltd. Ltd. Ltd.1-1 Information of PTA projects in China Name Capacity. 530. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co..000 200. Ltd.000 600. to cooperate with PX manufacturers to maintain the PX supply chain and PX price. Ltd..000 500.000 900.4 Forecast for Raw Materials of PET in China II-11. The following table is the forecast of PTA consumption in coming years till 2015. 58 . Shanghai Petrochemicals Co. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. Table II-11.. there will still exist 3 million MTs of PTA shortages in Mainland China.
540.980. The international price for EG will be over USD1. the competition will be very intense.21% 6.52% 12.000 20.31% 7.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15. export.35% 4.16 million MTs/year in 2007.000 17. Asia especially China will be the most important EG consumer in the future years. import.4.Table II-11.000 22.000 16.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.000 18. The situation of oversupply will appear.000 12. consumption by PET production as well as consumption in other fields in China. And it’s estimated that the two figures will exceed 22. The following table is the forecast of EG in future years till 2015 in terms of its output.000 13.5 million MTs/year and 16. MTs 11.24% 6.480. And more foreign EG products will flow into Chinese market.8 million MTs/year and 14.630.000 Growth Rate 9. and mass import will be necessary.86% 6.30% 5. apparent consumption. 500~1. and in China’s market it will be over RMB12.2 million MTs/year in the world.4.440. 59 .010.000 14. China will have a strong demand for EG in the future years. The domestic production capacity cannot meet the increasing demand.000 21.300/MT in the future months.02% 7.840.000 15.97% II-11.500.01% 5.760.15% 8.960.270. 200/MT.
000 Volume 2.321.707.46% 4.116.506.200 30.600.444 3.060 952.2-1 Forecast of EG in China till 2015.000 1.522 3.719.846 Import Export Apparent Annual Consumption by Consumption in 60 .27% 4.000 3.750.500 4.400 4.314.940 4.63% 5.570 34.273.860. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.750 35.340.356 728.413 3.147.482 4.000 2.854 762.000 3.000 3.000.320 Consumption Growth Rate 3.674.965.801 4.140 5.900 31.Table II-11.000 1.244.158.000 1.250 6.89% 4.148.581.000 3.000 5.630.430 5.152.000 32.587.087 692.717.000 2.419.478 642.100 4.39% 3.999 877.141 4.83% 5.77% 5.318 4.499.600 32.68% 6.578.834 Other Fields 602.000 3.000 5.453.063.57% 7.135.682 833.000 Volume 28.488 5.490.21% PET Production 3.800 4.000 2.338.944.541.680 3.860 33.000 1.128.000 1.720.273.770.763 992.963.000 3.000 2.000 30.246 3.467.000 1.948 912.000 2.157.27% 3.000 3.000 3.000 34.000 3.928.321.500 31.4.961.599 803.000 2.881.
283 3.860 39.67% 97.507 2. edible oil and others Tape films Engineering plastic 61 .67% 100.783.670 8.43% 1.11% 57.000 478. industrial fibre Bottles or pails for beverage.071.00% 35. The following table records the consumption volume of PET in each end use sectors in past ten years.451 33.99% 27.450 7.515 25.00% 253.335 7.85% 92.675.58% 57.840 3.63% 88. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.736 9.668.883 126.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.58% 201.788 17.633 1.508 255.79% 52.792.659.000 3.500 22.06% 3. Table III-1-1 Consumption of PET in each end use sectors.46% -1.250 3. beer.332.842.150 411.00% 266.423 63.458 4.35% Grade 3.09% 33.451 360.42% Rate 1.148 5.377.649. 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.962 95.094 66.250 11.74% 61.63% 43.48% Rate 250.456 177.686. % 84% 10% 5% 1% Typical End Uses Terylene material.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.822.21% 41.365 19.200 124.112 75.788 17.709 400.180.379 225.00% 176. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.890 45.250 11.800 1.417 2.94% 46.12% 199.579 17. the consumption proportion is reducing. Although chemical fibre is still the biggest user of PET.943 25.00% 113.85% 15.250 1.038 500.883 126.604.59% Growth Resin Growth Grade Rate 250 1.18% -44.173 1.47% 169.00% 42.43% 29.150.526 4.69% 62.45% 48.904 2.423 188.8.131.52.00% 1.20% 124.319 582. the total PET consumption expanded over 40 times.579 The following table is the end use structure of PET in China in 2004.
worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. . sales.Not easy to be broken. . export and consumption of textile production will all produce an impact on the consumption of PET in China. which limits the widely using of PET bottles.Easy to be recycled. PET fibre accounts for 65%. especially in daily-use chemical field. Of all the textile raw materials in China.III-2 Key Factors Influencing the Mass Consumption of PET III-2. The production.Smaller occupancy of space.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy. III-2.Easy for transport. Compared to other materials in packaging industry.2 Technical Factors As China has not obtained many technologic breakthroughs.Light weight. not bombing and hurting people. some technologic bottlenecks remain unsolved. such as the gas-resistance performance. III-2.Soft. . 62 . . . The worse gas-resistance performance requirement from beverage and beer industries has not been improved.Easy to make into various shapes and packing specifications.1 The Excellent Performance of PET Materials PET materials have many excellent performances. PET fibre production accounts for about 85% total PET consumption in China every year.Smaller energy consumption. products produced with PET material are more and more popular for following excellent performances: .Lower cost. . . Meanwhile. .Safer. .
405 453.308.857 3.119.410 2.550 578.559. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015. Table III-2.35% 11.184.96% 17.618 783.900.17% 3.59% 48.062 390.III-2.82% 11.159 1.76% 15.320 304.358.742 523.232.691.064.902.141 235.307 19.917 111.13% 43.102 2.000MTs in 1995 to about 150.072 1.948.564 207.234.163 396. edible oil industry.52% -4.113 81.456.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry. The consumption volume rose from more than 2.82% 24.591 980.929 33.606 348.14% 23.688 368. 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.533 2.4. MTs Annual Growth Rate III-2.853. can food industry and beer industry.000 2.438 11.92% 277.44% PET Consumption.570 26.251.379 119.942.008.25% 58.062 255.861 182.424 48.679 10.838 1.540.602 286.1-1 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 585.892 2.72% 59.623 152.4.467.321 2.642 167.622.459 226.080 76. 63 .466.76% 16.79% 21.280.707.000MTs in 2000 and around 1 million MTs in 2005.503.130.81% 86.587.30% 39.241.828 140.96% 27.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.387.814.213 41.201 4.887 1.4.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry. III-2. The following table lists the consumption volume of beverage.85% 34.884.
4.936 182.864 436.179 72.000 685.659 128.946.032 307.058 9.540 107. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.641. 64 .331 39.154 48.302 9.879.92% 19.33% 12.872 29.781.73% 224. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.980 4.911 585. The following table lists the consumption volume of edible oil.96% 54.544.562 14.313.737.591 701.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.745 36.77% 24.123 350.84% 3.320.The following table lists the consumption volume of edible oil.035 66.26% 142.916 24.330.870.608 615. Table III-2.44% 41.259 6.95% 67.80% 18. MTs Growth Rate III-2.070 107.107.091 37.087 22.249 311.198.414 1.658 248.051. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.275 90.279 46.223 750 3.61% PET Consumption.07% -4.49% 12.74% 25.50% 37.111.833.546 5.852 61.415 81.231 815.791.004 1.38% 20.138 1.937.2-1 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 225.28% 12.832 73.734.787 64.773 726.91% 25.874.24% 184.108.40.2063 916.027.23% 35.
333 30.06% 3.797 154.914 52.37% 26. PET is well received by beer industry.269.52% 65.10% 18.618 45.544 350.931.38% 48.936 179.660.92% 12.744.938 11.476 172. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.722.92% 139.096.761 8.570 62.62% PET Consumption.108 30.282 50.176. The following table lists the consumption volume of beer.02% 43.18% -5.154 16.832 52. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.822 104.666 19.598 78.720.15% 30.08% 8.4.347 146.38% 26. 65 .67% 12.180.660 285.286 202.406 5.191 9.596.3-1 Can food consumption and PET consumption in can food industry Can Food Consumption Year Volume MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 4.537 107.618.760.000 6.Table III-2.72% 58.052.474.4.062 30.48% 55.489 95.970 5.937 213 792 2. MTs Growth Rate III-2.83% 37. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.695 21.224.771.255.203 24.95% 24.040 6.170 7.068 67.4 Beer Industry As a packaging resin.921 85.47% 203.138 272.786 26.776.045.575.236 23.222 4.189 11.88% 22.447 228.796.
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.
03% 34.702 11.99% 13.257 142.16% 7.350 42.009 57.77% 52.62% 121.01% 25.86% 3.938 32.200 165.42% -5.21% 43.358 135.34% 23.079 186.86% 37.800 8.53% 26.128 198.070 159.623 5.16% 50.645 99.90% 26.728 17.890 78.797 264.69% 12. MTs 199 593 2.06% Growth Rate 67 .35% 29.525 210.12% 17.208 325.4.5-1 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.49% 342.95% 80.776 72.Table II-2.
11% 57.15% 91.440.930.822.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.000 2.000 6.950.000 3.904 2.09% 33.000 2.470. The following table records the information of terylene production and PET consumption in this industry in past years in China.580.000 5.250 1.000 4.000 Consumption 97.000 8.000 3.736 9.050.54% 89.300.430.200. Terylene accounts for 80% market shares of chemical fibre products.99% 95.380.44% 86.000 11.250.530.59% 83.335 7.310.97% 84.000 4.250.962 95.283 3.000 3.000 8.860.000 7.79% 52.000.507 2.000 5.700.000 9.960.000 2.35% 41.43% 29.000 4.610.000 3.620.800 1.000 478.910.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .071.000 5.000 2.23% 84.458 4. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.000 10.332.604.950.000 7.000 6.000 4.750.170.000 6.560.000 Volume of Terylene Polyester Staple Volume Fibre 1.000 6.62% 93.000 5.74% 87.920.20% 124.180.800.00% 17.377.06% 33.000 9.91% 245.792.783.330.990.686.
59% Growth Rate 69 .12% 199.85% 92.508 255.319 582.094 66. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.21% 41. tapes and other products.200 124. which can be processed to packaging materials.00% 253. Table III-4-1Historic consumption of film-grade PET in China. 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. Packaging materials takes a large proportion in PET film.150 411.000 3.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET). followed by insulation materials and light-sensitive materials.63% 43.456 177.250 11. light-sensitive materials. The following chart is the consumption structure of PET film in China at present.63% 88.379 225.500 22. insulation materials.74% 61.00% 42.
III-5 Consumption in Packaging Resin PET can also be used to produce bottles.113 45.524 70 .751 567.205.350 42. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.279 46. purified water.365 Consumption Consumption for others 199 593 2.658 248.938 32.179 122. PET bottles are the most widely used plastic bottles for juice beverage.666 19.623 156.552 348.333 30. Table III-5-1 Consumption of PET in each packaging sectors.229 55.750 17.620 8.598 for Beer 189 868 3. The following table is the consumption volume of PET in each packaging sectors including beverage. can food.623 5.058 9.540 107.250 125.334 10. teas and sport drinks packaging.176 5.550 588.036 234.249 Can Food 213 792 2.459 232.091 37.763 85.936 182.761 8.181 1.776 3.787 64.570 62.406 5.258 17.250 63. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.702 11.000 890.618 793.688 370.618 45.199 184.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.800 8. beer as well as other fields.740 31.728 17.216 40.916 24.438 12. edible oil.009 57.938 11.
vanes. The requirements for processing conditions are also simple. The production cost is low. just a common blasting drying equipment and the mould temperature is within 70~90℃. trundles. frames. motor cabinet. stator and rotor on electromotor. only accounting for about 0. relay. The comprehensive performance of this kind of engineering plastic is very excellent. Only a few factories in China try to produce some products to replace import materials. instruments materials.III-6 Consumption in Other Fields At present. chair handles. sensors. PET chips can be made into engineering plastic as well. electronic and computer materials. Automobile products: carriers. brackets. structures on OA equipments. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. and switches. Furniture: pedestal. 71 . inlet retainers. household electric appliances. structures & computer shells. pedestal. motor frame.5% of total PET consumption volume. engine covers. and large-scale industrial production of engineering plastic has not been realized so far. construction materials and decorating industries. windshield wipers. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. Mechanical products: gear wheels. Household electric appliances: coil former in transformers on microwave ovens. the overall consumption volume of PET in other fields is not large. fan propeller frame. panels. pump shell. PET engineering plastic is widely applied in automobile. The industrial level of engineering plastic in China is very low. print circuit board. panel. electronic socket connector. and handles.
000 3. MTs/year 781. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. Ltd.000 Table III-7-2 The largest two end users of bottle-grade PET in China No.000 260. The following tables list the top end users in each end use section in China.. Ltd. Table III-7-1 Top 11 end users of fibre-grade PET in China No. Capacity for PET Film. Ltd. Xiamen Xianglu Chemical Fibre Co..000 200.. especially BOPET. Ltd..000 300. PET is mainly consumed in Zhejiang Province.000 160. Ltd. Yizheng Chemical Fibre Co. Ltd. and DuPont Teijin Films Co. Zhuhai Zhongfu Industrial Co. Shantou SOE First Polyester Film Co.. 1 2 English Name Zhuhai Zhongfu Industrial Co.. Terylene Capacity. The following table shows the consumption structure of PET by areas. Zhejiang Yuandong Chemical Fibre Group Co. Zhejiang Hengyi Group Co. Ltd.. Ltd. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co.. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co.. Ltd. Ltd. Ltd. 72 . Jiangsu Province and Guangdong Province.000 280. Capacity. is the largest bottle-grade PET consumer.000 180. Shanghai Zijiang Enterprise Co.000 3. Ltd. MTs/year 14.. Zhejiang Cifu Group Co. Ltd. 1 2 3 4 5 6 English Name DuPont Teijin Films Co..000 300.000MTs/year production capacity of PET film. is the largest filmgrade PET end user for its 14.000 400. Ltd.000 350.000MTs/year production capacity of terylene.. is the largest fibre-grade PET end user as it has 781..000 In China. Zhejiang Tongkun Chemical Fibre Group Co. Ltd.000 5.. Ltd.000 6.III-7 Summary of Major End Users In China.. Tianjin Kodak Light Sensitive Material Co.000 150.000 6..
97% 3.63% 1.32% 3.95% 10.01% 73 .90% 0.12% 1.78% 1.83% Percentage of Total in 2003 33.Table III-7-4 PET consumption in different areas in China Area Zhejiang Jiangsu Guangdong Shanghai Liaoning Shandong Hainan Heilongjiang Percentage of total in 2004 28.74% 5.21% 31.63% 3.96% 2.75% 12.70% 2.51% 29.
000 4. and the output volume of polyester staple fibre will increase with an average annual speed of 7.000 5.700.000 9.05% 81.178.040.000 5.47% 19.250. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.55% 6. The manufacturers especially the middle and small manufacturers can feel this pressure.000 6.900.67%.000 9.230. But PET supply for polyester staple fibre production relates much to import PET.13% 7.950.200 18.000 12.000 14.000 6. Chinese market of PET beer bottle has great potential.000 220.127.116.113 14. The fibre grade consumption will increase with an average annual speed of 7.000 10. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles. the demand volume for PET beer bottles in China per year will be over two billion.30% 11.950.000 8.840.250.750.030.900.000 13.29% 6.000 7.000 9.62% 79.15% 0.587.700.85% 79. 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.180.000 18.000 5.715 20.11% 5.21%. 74 .853.000 8.875.500.09% 6.51% 10.152 12.000 8.60% 78.20% 76. Now in China the competition in beer industry is very intense and profit is smaller and smaller.310.90% 75. Therefore.650. If 5% of total beer was packed with PET bottles.797 19.060.000 8.28% Volume.804.000.030.000 19.950.000 11.550.38% 82.000 6. and the content for every PET bottle is 500ml.090. 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. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.470.130.000 10.268 16.000 19. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.541.50% 74. the output volume of polyester will increase with an average annual speed of 4. So in order to keep the profit margin.437 17.410.25% 70.000 10.45%.10% 72.020.500.796 16.000 17.000 83.000 15.000 7.560.000 8.300.850.000 16.000 14.273 10.16% -1. Staple Fibre.200.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.850.393 21.710 22.600.530. It’s forecasted that from 2005 to 2015.083.
will develop in the future years and they will definetely boost the PET industry.As anticipated. packaging industry and film industry. 75 . including chemical fibre industry. the industries of downstream products.
76 . IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. 2005. raw material shortage and other factors. 2003 to Aug. the price of PET in China increased a lot in the past and will keep an upward trend in future years.Part IV Price Trends Due to the international crude oil hike.
450 11.865 9.145 7.755 8.810 8.770 12.620 8.660 12.950 Package resin grade.510 11.550 10.725 9.650 13.320 Thin film grade.430 10.735 8.950 10.850 11.350 77 .285 9.685 10.560 11.250 11.420 8. RMB/MT 8.650 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.550 11.855 9.060 8.355 9.530 8.985 9.320 9.300 12.820 11.240 8.660 13.830 8.350 11.450 10.930 12.410 9.780 8.055 9.125 8.720 11.300 8.450 11.760 11.880 8.450 9.520 11.465 8.895 7.960 8. RMB/MT 8.350 12.995 9.050 11.350 10.815 8.720 8.340 8.680 9.520 8. RMB/MT 8.210 8.455 8.890 11.550 11.480 8.325 8.825 11.440 8.795 11.550 11.380 9.860 11.230 8.855 9.660 8.455 9.255 11.560 8.560 8.335 8.835 7.515 9.880 11.290 9.690 11.855 8.815 8.525 8.135 8.255 8.310 8.935 8.955 10.
For the big manufacturers. 500~8. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. 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 was 30% higher than that in the same time in 2003. On the contrary. but for the middle and small manufacturers. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. supply of raw materials. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. bottles. And only these equipments are in 78 . Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. only the large-scaled manufacturers installed the bottle-blowing equipments. With the markup of petroleum and chemicals prices. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. the factors resulting in price changes mainly include the price of crude oil. In Chinese beverage industry. Chinese beverage manufacturers are very concerned about the price of PET. they can reduce the pressure from cost markup by purchasing PET with big volume. and the PET price is one of the key factors that decide the profit. the unit price for PET material in China also went up from RMB7. Because the draught and bottled purified water are all packed with pails.000/MT to the peak of RMB14. 000/MT.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. they have to face the hardship. IV-2. demand from downstream industries as well as transportation cost. 500/MT to RMB14. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. and the industrial profit might reduce 20% in fiscal year 2004.IV-2 Factors Resulting in Price Changes In general. bottle caps and film labels made from food grade PET material. The cost of PET bottle. PET accounts for about 50% of total production cost of beverage products. the business of domestic packaging service suppliers is very good even though the PET price rose. Therefore. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. 000/MT.
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.
94 2.80 1..000 174. Ltd.. USD/kg 3.40 0.740 320.375 16.222 2.. 39076019 and 39076090 in 2003 and 2004. Jm Shanghai Nonwovens Co. Ltd. Rexam Der Kwei Industrial (Shanghai) Co. Ltd.290 146. Ltd.760. Xinhui City Jiaxun Electronic Trade Co.. Ltd.953 189. Wujiang He Cheng Trade Co.80 0.. Ltd. & Exp..33 0.77 0. Ningbo Century Huan Yu Imp & Exp Co.000 139. Ltd.....000 920.33 0.000 27.208 114.200 60. Ltd.292 178.777 151.590.635 200.91 3. Volume.940 85. Ace Mold & Industrial (Shenzhen) Co. Orient International Holding Shanghai Foreign Trade Co.000 524.86 0.200 29.950 32.68 3.468 600.A. Ltd.800 61.150.78 0.08 1.380 407. kg 2.356 53. Ltd. Tengxing Industry Co.000 34.534.53 0. Ltd. Of Guangdong Dongguan City Kaiying Trade Co.71 1.000 92. Ltd. Ltd.749 2..91 2.322 91.000 100.89 80 .489 256. Ltd. Kunshan Litai Fibre Co..400 226.60 1.000 36. Shenzhen Baoan Foreign Economic Development Co.000 100.037. Shanghai Huili Tage Board Co.650.000 475. Guangzhou Duolilong Chemical Fibre Co. Beijing Huayuan Asia Pacific Tech Co. Shanghai Chemical Industry Supply & Sales Co. Ltd..600 31.000 2.82 1. Ltd.72 0.000 2.000 64.000 445. Chenghai Huaxiang Plastics Co. Ltd. Ltd.000 35.675 68.. Ltd. Zhuhai Zhongfu Polyester Beer Glass Co.500 203.000 120. Ltd.992 1..50 0.80 0.. Fuzhou Dong Li Cosmetics Co..600 275. Ltd Shanghai S.000 60. Shenzhen City Minghui Industry Co.650 33. Shanghai Heshibi Chemicals Co.94 0.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 39076011.062 1. Ltd.. USD Price. China Liaohua United Foreign Trade Co.68 0.000 34.C Ltd. Ltd.922 428.000 23. Ltd. Jingyuan (Nantong) Chemical Fiber Product Co.. by volume and value.73 0.849 32.45 1..000 78.80 1..366.862 Value.340.96 0. Ltd. Co.. Ltd.82 2.78 1. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co.91 2... Shenzhen City Ding Tai Technologies Co. Ltd..00 0.. Dongguan Arts & Crafts Imp.141. Xiamen Zhongtian Plastic Co.90 0.489..000 85. Honeywell (Kaiping) Industrial Polymers Co.035 89.000 17.073 2.589. Ltd. Zhejiang Grand Import And Export Co.500 40.913 2.39 6.000 20.218 431.155 108. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No.400 41. Liaoning Huiming International Trade Co.000 240. Ltd. Taizhou Changshengda Plastics Co. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Importers Names Xianglu Fibers (Xiamen) Co.793 1. Ltd.400 2.400 17.
000 4.820 1.300 2. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp. Ltd.86 1.814 2. Ltd.105 500 2..000 4.125 3.26 1. Ltd..90 0. Fuzhou Jianing Cosmetics Co. Yuming Exactitude Industry (Shenzhen) Co.605 1.550 1. Zhuhai Zhongfu Industrial Group Co. Ltd.97 0.000 9. Ltd.45 0. Company Shunde Xicheng Plastic Container Co. Zhuhai Bonded Zone Nan Guang Logistic Co.760 23.. Ltd. Ltd.000 1.87 0.400 6..883 1.740 1.90 0.92 1.577.774 4.400 20.303.35 1.000 40.352 2.230 20.92 3.. Hainan Xingye Polyester Stock Co. Xiamen Hong's Enterprise Co.400 6.975 9.90 0.50 2. Ltd.00 0.025 10.40 0. China-Base Ningbo Foreign Trade Co. Ltd.85 1. Shanghai New Particle Plastic Paint Co. Shenzhen Longgang Foreign Economic Development Co..27 1.700 1.85 0.932..649 19.000 2.812 23. Changzhou Worldbest Radici Co.80 1. Ltd.861 13.50 2. Ltd. Ltd. Shanghai Xinxing Imp & Exp Co. & Exp..675 5.02 81 . Zhuhai Chilk Enterprise Inc Others Total 16.34 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.581 3. Ltd. Jiangyin Beikaerte Steel Wire Products Co.419 20. Ltd.254 128 2.000 12. Shanghai Hebi Electronics Electric Appliance Co..092 13.11 1.136 29.532. Ltd....13 0. Ningbo Bonded Area Jinming Int'l Trade Co. Ltd..400 7.000 1.110 10. Huizhou Xinfeng Packing Industry Co.90 0.795 1. Zhangjiagang Bonded Zone Dong Hai Container Co.025 11. Ltd..000 6.729 1.260 14. Ltd.000 2.
001 2.093 1. 25 Xiamen Huachen Clothes-Weaving Co. Ltd. Ltd. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co.004..79 0.100 1.855 3.000 4.508.69 0.513..126.017.77 0. Ltd.000 3.000 2.367 6..70 0.80 0.657 2.011. Ltd.000 3. Ltd..69 0.521 1.72 0.78 0.116 1.000 Value.000 918. Ltd.255.131 958.286.890 602. 32 Ningbo Bonded Area Honghe Store Co. 13 China Zhongfu Enterprise Co. USD Price.001 967.69 0.000 2.500.000 13.692 2.120 435...843...248 804.78 0.67 0.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.64 0.000 1.218 0. 21 Beijing Alison Import & Export Co.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co. Shaoxing County Light Weave City Weave Imp & Exp Co. Shanghai Poly Technologies Co.70 0.79 0.55 0.403 715.822.267. 33 Shanghai Ailisheng (Group) Co.389 2.510 994. Ltd.440 807.091 1. 26 Orient International (Holding) Shanghai Silk Imp.697 698.996.61 0.152 2.65 0.775. Ltd. 29 Dupont Hongji Films Foshan Co.000 1.198 764.. 15 Shanghai Jianfa Industry Co. Ltd.704.57 0.68 0.444 3.945.56 0. Ltd.547.709 1. 37 Shan Bao Zhong Sheng Packing Printing Ent Co. Ningbo Century Huan Yu Imp & Exp Co.386. Ltd.313.. China Silk Industrial & Trading Corp. Fujian Province Qing Long Trade Development Co.511.634 546. 14 China Worldbest Group Colt.232. kg 8.899.513.000 1.994. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.738 1..000 1.452 2.64 0.400 1.53 0..000 2.510.000 1.145.000 3.166.000 1.321 1.692. Ltd.040. Co.368. 12 Beijing Huayuan Asia Pacific Tech Co.000.000 3..664 2.73 0. 30 Yuyao Global Trade & Technical Co..001 2. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co..139. 17 Xiamen Temao Xiangyu Development Co.79 0.000 879..032.565. 31 Shanghai Zhongwei Int'l Trading Co.. Ltd.79 0.. 24 Xiamen Xiangyu Taiping Commodity Circulation Co. Ltd..427.78 0. Ltd. Ltd.336 1.000 3. Ltd..644 1.. Ltd.504.600.126.513.494. 34 Zibo Huayang Sanwei Co.68 0. Ltd.000 3. Ltd.69 1.000 3..124.76 0.845.000 1.361.933..70 0.78 0.052.001 880. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co. 28 Shanghai Xinjiyuan Industry Development Co.101 829.000 2.000 1. Ltd.008.400 4. 27 Jiangsu Shenlong Business Out-Carving Group Co. Ltd.000 1.648 678.075.188.751 1.52 0.200.326 2.843 727..142.780 730.000 1.. Ltd.74 0. Ltd. (Nantong) 82 .000 1. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co. Volume. USD/kg 6.812.386 1.81 0.879 1.81 0.& Exp..403.042.747 1. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co. Ltd. Ltd. Ltd. Shanghai Haixin Chemical Fiber Co. Ltd.000 1.128. Ltd.84 0..007..451 976.498. 16 Jiangyin Wan Xiang Chemical Fiber Co.000 1. Ltd.063.000 2.009 811.000 1.73 0.026.64 0.
48 Shenzhen City Hua Datong Rui Industry Co.392 365.000 513. 47 Shanghai Ruiyuan Import & Export Trade Co.61 0. 46 Jiangsu Wuyang Group Corp.424 238. Ltd. Ltd.880 48.53 0. Ltd. Ltd. Ltd.978 503.400 300.77 0.326. Ltd.000 494. 45 Fujian Huamin Import & Export Corp.73 0.520 427.000 494. Ltd.213 376.500 342.42 0.778.304 152.400 347.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.310 379.411 168.000 306. Ltd.60 0.430 204.450 323.Ltd.000 337.985 0.719 45. 50 Shanghai Ai Li Sheng I/E Co.190 259. Ltd.55 0.800 494. Ltd.. & Exp.70 0.. Ltd.87 0. 42 Ningbo Yunsheng Imp & Exp Co. 56 China-Base Ningbo Foreign Trade Co... 53 Sichuan Oriental Insulation Material Stock Co. 54 Ningbo Bonded Area Gaoxin Counter Co.792 333. Others Total 832.80 0.. 55 Ningbo Arts & Crafts I/E Corp. 51 Zhejiang Grand Import And Export Co.655 414..000 323..134 116.68 0.293.925 158.77 83 ..000 500. 43 Xiamen Yundang Industry And Trade Development Co.050 306.995 242.408 198.67 0.649.684 212. 49 Hangzhou Anshun Fibre Industry Co.77 0. 41 Shanghai Union Jibsen International Co. 52 Shantou Haiyang First Polyester Film Co.59 0. Ltd.792 171. Ltd..000 496..93 0.. Co.000 354.63 0..69 0. 44 Shanghai Aj Imp.000 504.628 306.. Ltd.65 0.
177.392.221 2. Ltd.040. Ltd.238.000 1.38 0. 33 Jiangyin City Changlong Chemical Fiber Co.654 540.499 586.806.057 873. 40 Kunshan Jianheng Fibre Plastic Co.215 949. Ltd.30 0. 7 Shanghai Nantian Economic & Trade Co. Ltd.28 1. 9 Shenzhen Longgang Foreign Economic Development Co.776 690.347 517.692.30 0.388 885..222 1.29 0.275 874..087 719. 26 Taicang Wancai Regeneration Resource Utilization Co.009 2.37 0.983 2.80 0.. Ltd.722.676 913. Ltd.47 0... 4 Hangzhou Sanxing Paper Co. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.000.42 0.326 2. Ltd.06 0.469 1.. Ltd. 12 Jingang Chemicals (Kunshan) Co.813 748. Ltd.30 0..938.613 845.062..42 0..564 1. Ltd. 36 China Packaging Imp. 5 Hangzhou Guotai Fibre Co. 31 Ningbo Younger Int'l Transportation Co.31 0.. 8 Deqing An Shun Chemical Fiber Industry Co.271 375.780 1. 29 Jiaxing Litai Plastic Products Co..799 774. 14 Wuxi Hengdalai Engineering Plastic Products Co. (Group) Co.210. Ltd.30 0. Ltd.700 231.348. Ltd.040.700 1.. Ltd. Ltd.020. Importers Volume.858. 22 Changzhou Jin Yang Plastic Product Co..78 0.746 2.64 0.724 1. Ltd. 24 Tianjin Daanxi Recycling Short Fiber Co.817 364. 18 Churong Environment Protection Plastic (Shenzhen) Co.253. Ltd.437.. 11 Ningbo Ding Jia Imp & Exp Co.499 509.396 3..985 4.200 3.30 0.850 1.333 329.293 4.517 1. Ltd.725 423.463.001 789.915 1.348 1.673 Value.27 84 . Ltd. Ltd.542 5.820. Ltd.263 1.402 800. 6 Jiaxing Guangshun Fibre Industry Co. 27 Shanghai Runnan Science & Technology Trade Co.000 1. 13 China-Base Ningbo Foreign Trade Co. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.32 2.704 7.972 875.28 0. Ltd.312.645 1. Ltd.407. 23 Jiangsu Light Industrial Products Imp.49 0.305.38 0.308 0. USD Price.311.326 211. 35 Anhui Anlike Toys Co.701.803 1.30 0. 19 Shanghai Jia Yi Chemical Ent Co.775 3.255.500 4.31 0.792 1.632.242 1.250 2. 32 Shanghai Sankai Commerce Development Co. Ltd.376 423.495 979. Ltd.134 2.30 0.337 1.542. Ltd.412 832.30 0. Ltd.749.27 0.30 0.181 1..49 0. 39 Shanghai Guochang Chemical Co.705 542.36 0. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.873.& Exp.563. 30 Dongguan Shangsha Shinghing Plastics Products Co. 16 Shanghai Dongjin Plastic Fiber Co. Ltd. Ltd.153. Ltd.001 687..697.545. 28 Yixing Luutian Fibre Co.36 0. Ltd.970 2.32 0.715 1. Ltd. 3 Shanghai Dafeng Chemical Fibre Co.402.643. 25 Hangzhou Anshun Fibre Industry Co..42 0..270 380.631 442.32 0.133 1. 15 Jiangsu Easthigh Group Import & Export Co. 34 Ningbo Jingyong Imp & Exp Co.032 546. kg 8.139. Ltd.408 466. Ltd..76 3. Ltd. 10 Hongfujin Precisidn Industry (Shenzhen) Co.000 2.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No.817 228. 2..916 299.652 1.000 770. Ltd.647.636 653.29 0.261.977 1.30 0.535.33 0. 41 Zhangjiagang Dongcheng Fibre Co.& Exp.94 0..30 0.291.150.30 0.433 634..130 319. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co.529.403 371.815 108.
883 114.359. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709. Ltd.440 134.000 268.883 91. & Exp.28 0.890 172.. 47 Cipic Shanghai Imp.739 61.70 0. & Exp. 45 China Ningbo Cixi Imp.30 1. 63 Zhongluu Industry Co.893 84.30 0. 44 Hangzhou Keyun Metal Co.924 40.156 91.30 0.453 106.27 0.115 102.39 0.30 0. Ltd.430 29. Ltd.65 0.30 0.921 56.77 0. 46 Zhuhai City Qingan Huanan Economics & Trading Co. 65 Yaxing (Taicang) Recycling Resource Development Co. 62 Ningbo Zhongbao Imp & Exp Co.777 188.38 0.305 189. Ltd.289 87.832 103.360 335.063 479.900 486.650 149. Manzhouli Corp. 58 Ningbo Fengshou Import & Export Co.. 52 Yangzhou Hong Le Toy Chemical Fiber Co.27 0. Ltd.34 0. 56 Jiangyin Madi Recycling Co.32 0. 61 Shanghai Lianan Plastic Product Co.272 153. Ltd. Ltd.742 46.450 46.30 0.407. Corp.385 179. Others Total 85 .627 78.46 0.173 116.333 51.28 0.995 142..29 0.860 305.237 93..150 158.30 0. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co. Ltd.. Ltd..380 183. Co.30 0.739 56.846.119 178.800 234.52 54 Shanghai Yongfeng Chemical Co.100 342. 64 Orient International Holding Shanghai Foreign Trade Co. Ltd.30 0. 43 Laohu Powder Painting Manufacture (Taicang) Co. Ltd..144 364.581 399.. Ltd. Ltd.. Ltd.. 60 Anhui Tianfu Fibre Co..474 215. Ltd.985 55..42 Humeng Foreign Economic & Trade Corp.28 0.000 628. Ltd.272 110.692 0. Ltd. 48 Jiangyin Longyi Regeneration Plastics Co. Ltd.32 0.070 152.227..30 0. Ltd. 49 Shanghai Feilun Industry Co..627 134. 57 Ningbo Xinxing Fibre Co.160 64. 59 Huzhou Tong Xing Plastic Co.540 81..950 104. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co.877 31. Ltd.115 210.290 42.
Ltd..825 63. 38 Shenzhen Baoan Foreign Economic Development Co. Tianjin Company 30 Shanghai Huiyou Storage Co..675 890.486 9. Ltd.345.139 204. Ltd. Ltd.42 0. 3 Zhuhai Zhongfu Polyster Beer Galss Co.34 0. 5 Xianglu Fibers(Xiamen)Co. 10 Xiamen Zhong Tian Plastic Co. 9 Tianchang City Changxing Terylene Chemical Fiber Co.965 10.913 20.034 49. 16 Zhejiang Grand Import And Export Co..388 65..974 55.10 0.160 9. 6 Honeywell(Kaiping)Industrial Polymers Co..763 17.16 1..515 32..800 689.134 143.800 18.. 29 China Packaging Imp.78 86 . Ltd. 11 Beijing Hua Yuan Asia Pacific Tech Co. Ltd.05 0.900 2. 8 Xinhui City Jiaxun Electronic Trade Co.000 75.69 1.48 1. 7 Taizhou Changshengda Plastics Co. 31 Rexam Der Kwei Industrial (Shanghai) Co.016 15..& Exp. Ltd.000 61. 26 Fuqing Jiaxing Toiletry Co.391 220. Ltd.779 1.725.000 813.. 18 China National Construction Corp. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co. Ltd.749 479.400 105.987 36. 34 Qingdao Ever Speen Zipper Co.000 11.22 3. 20 Hefa Vegetable Oil (Shenzhen) Co.06 2.000 74.925 4. Ltd.072 29..750..287 138..65 1..000 16.000 2.585 73. Ltd..E.000 380. 35 Zhangjiagang Bonded Zone Dong Hai Container Co..628 431..612 46. Ltd. 37 Shantou S. 33 Fuzhou Jianing Cosmetics Co. Ltd. 32 Kunshan Litai Fibre Co.227 2.250 2.943 2.000 20.25 1..17 3. Ltd.490. Ltd.000 238..818 1.00 1.99 1.881 1.097 16. Ltd.. Ltd.145 41.92 1.86 1.91 0.29 0..606. Ltd. Ltd..91 3..366 8. Ltd.000 10. 3.. 36 Yuming Exactitude Industry (Shenzhen) Co.. 2 Guangzhou Duolilong Chemical Fibre Co.. 12 Jiangyin Beikaerte Steel Wire Products Co. USD/kg 1 Chenghai Huaxiang Plastics Co. 13 Shanghai Huayuan Investment Development (Group) Co..96 1.Z Huajian Electronics Co.794 69.99 1.000 9.263 228.. 25 Xiamen Xiangyu Shangyang Trade Co.000 59.06 1. Ltd. Ltd. Ltd. USD Unit Price.05 2. 17 Tengxing Industry Co..Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No.000 400. Ltd.54 0.619 23.85 3.000 60.494.170. Ltd.799 40. Ltd.839 37.893 19. 28 Ningbo Huaxi Int'l Trade Co. Ltd. Ltd.828 122..246.974 315. 23 Shanghai Heshibi Chemicals Co.222 200.243 9.64 3.28 0.87 1. Ltd.465 20.000 7. 24 Ningbo Younger Int'l Transportation Co. 27 Dongguan City Kaiying Trade Co.60 2.138 103.290 83. Ltd.000 203. 15 Beijing Founder Import & Export Co. Ltd.071 11. 40 Ningbo Bonded Area Honghe Store Co. Ltd.35 1.91 1.723 54.987 45.70 3.172 364. Ltd.000 187.26 0.90 1.000 18. 4 Jm Shanghai Nonwovens Co. 39 Shanghai Xinxing Imp & Exp Co.209 248.600 5. kg Value.000 1. Ltd.000 35..50 1..250 483.73 1. Importers Volume..258 4. 14 Jingyuan (Nantong) Chemical Fiber Product Co. Ltd.058. Ltd. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co. Ltd.53 1.556 47..08 0.11 0.162 30.
121 1.583 5.000 3. 5 Shanghai Hua Yuan Enterprise Development Stock Co.071. Ltd. Ltd.810 3..947 2.. Ltd. Ltd.868.022.85 0.970 957. Ltd.149.500 1.391 4. 43 Shenzhen Longgang Foreign Economic Development Co. 9 Shaoxing County Nanfang Imp & Exp Co.756 1.761. 42 Shanghai Zijiang Special Bottle Industry Co.000 1.134. Ltd.510.968.98 0. Ltd. 15 Ningbo Century Huan Yu Imp & Exp Co. Ltd.007.586.. 6 Shanghai Haixin Chemical Fiber Co.895 6.692. & Exp.504.668 1. Ltd.208.000 3.000 3.000 3.500.952.228.178.000 2.80 12 Shaoxing County Yanzhong Trade Co.63 0. Ltd. Ltd.667 882.251 998.073.. Ltd.93 1.726 1. 46 Lingwang ( Wuxi) Electrical Equipment Co.000 2.96 0.. Ltd. 50 Fuzhou Dong Li Cosmetics Co. 47 Shenzhen Light Industrial Products Imp.234 4.000 4. Ltd.199 14.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.11 0.218 4..000 1..08 0..472 5. 14 Zibo Huayang Sanwei Co.702 1.000 1.725 150 45 2..000 7.892.467. 7 Dongli Compound Fibre Co.. 22 Ningbo Bonded Area Gaoxin Counter Co.89 0. Ltd..575 3.450.521.926.228.515. Ltd.51 0.. 19 Zhejiang Xiongfeng Imp & Exp Co. Ltd.689 1..714 6..93 0.99 1. Ltd.00 5.216 985.450. 18 Shanghai Jianfa Industry Co.504..842 9. 24 Shanghai Jiuaifu Logistics Co.. Ltd.684.050.348 2.545 806.96 0.79 1. Ltd. Ltd..03 0.645.989..90 2.018.340.404.423 4. 87 .00 3.000 1.01 1.98 0. 2 Shaoxing Textile Co.605 884. Ltd.058 1.561 3.84 1.. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co.(Nantong) 8 Yuyao Global Trade & Technical Co.99 1.900 8. 17 Shaoxing Zhenya Weave Product Co. Ltd.263.002 2.624..125. 3 Shaoxing County Light Weave City Weave Imp & Exp Co. Importers Volume.158.226.441.109 0.000 1. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co..68 0.95 0.000 2.410 1..79 1.554 3.278..554 316 23 11 16. kg 21.41 Shanghai Fangxin Plastic Mould Co.204.000 2.83 1. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co. USD Price. 27 Jiangsu Wuyang Group Corp.218 3. 16 Xiamen Tongrun Industrial And Trade Co.000 Value.676 1.000 900 300 1. 23 Shanghai Huayuan Investment Development (Group) Co.786 2.920 3.927 1.345.000 3.505 1.09 0. Ltd.000 1. Company 48 Haolai Chemical Industry (Zhongshan) Co.000 5.153 1.62 2.50 0. Ltd.368. Ltd. Ltd. Ltd. 10 China-Base Ningbo Foreign Trade Co..55 1.06 0. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.08 0..59 0. Ltd. Ltd.91 0.22 0.419 3. 49 Shunde Xicheng Plastic Container Co. 4 Dupont Hongji Films Foshan Co..342. USD/kg 1 Shaoxing Tianlong Imp & Exp Co.Ltd.02 1.508.360 2.768. 13 Shanghai Zidong Chemical Plastics Co.216.522 3. 21.000. Ltd.716 1. Ltd.000 1.. Total 4..631..90 0.836 1.
30 Kaiping Mingxian Monofilament Enterprise Co.115 572..000 118.000 500.447 0.797 457..654 64.953 85.88 0.. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co. Ltd.800 500.140 122.496. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co. 55 Jiangxi Fushida Trade Co. Ltd.353 396.173 212.717 270.10 0.000 502.227 289.000 190. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1.347 541. Ltd. 53 Dongli Compound Fibre Co.031 1.000 500.000 400. Ltd.94 0. Ltd.77 0. Ltd.356 163. 40 Jiangsu Shen Long Business Out-Carving Group Co.01 0.55 0.048 500.000 500.28 Zhejiang Grand Import And Export Co.. Ltd.613.000 100.(Nantong) 54 Nantong Huatong Fibre Co. 39 Shanghai New Long March International Trade Co. 29 Shanghai Justen Packing Material Co.10 0. 42 Orient International Holding Shanghai Foreign Trade Co.580 239.000 454.309 186.74 0.658 512.493 818.969 455.171 109..03 0.58 0. 59 Ningbo Haitian International Co. Ltd. 38 Shantou Haiyang First Polyester Film Co.68 1.84 0. 52 Hangzhou Anshun Fibre Industry Co.000 521...80 0. Ltd.024 300..500 105.130 126.580 379.. 35 Jiangyin Wan Xiang Chemical Fiber Co. 41 Jinjiang Fu Xing Zipper Co. 36 Ningbo Jiasaile Trade Co. Ltd.79 0.328 440.544 760. 34 Shanghai Huaxing International Container Freigat Transporation Co.57 0.13 0.81 0.828 211.91 0. Ltd.502. 58 Ningbo Dafa Fibre Co.. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co.773 421..000 456.942 100.000 500.39 0. Ltd.171 268. Ltd.763 646.615 252.87 0.87 0.126 60.27 2...824 470.99 32 Ningbo Arts & Crafts I/E Corp. 56 Zhangjiagang Cheng Xing Chemical Fibre Co.316 108.219.83 1. Ltd.000 136.170 54.55 1.000 936.713 137. Ltd. Ltd.80 1.241 735.86 0..360 1.. Ltd.971 360. Ltd.94 1.026. Ltd. 43 China National Chemical Fiber Corp..Weaving Co. Ltd. Ltd. 33 Zhuhai Bonded Zone Hefu Fibre Product Co. Ltd.437 165.962 550.494 695..000 500.78 1..000 651.969.810 954.620 738.. 60 Xiamen Waitu Imp.400 272. 57 Shanghai Zheng Bao Textiles Products Co. Ltd.70 1.287 440. Ltd.000 500.90 2. Others Total 88 .403 406...85 0.000 171.87 0.873 178.278 432.90 0..000 116. 48 Nanhai City Jinglong Non.63 0. Ltd. 37 Shaoxing City Longsheng Weave Products Co.170.
39 Shanghai Jia Yi Chemical Ent Co.03 0. 7 Hangzhou Guotai Fibre Co.97 0.497 438.310 857.40 0.419. Ltd.682 420.384. Ltd.040 1. USD Price.219. 8 Hangzhou Anshun Fibre Industry Co.409.479 1.781.. 18 Yixing Luutian Fibre Co.307 347. 26 Kunshan Jianheng Fibre Plastic Co.478 4. 15 China Light Shanghai Imp.431.46 0.196 287.942.271. 33 Ningbo Fengshou Import & Export Co.942.789 479..766 1. Ltd. 12 Hangzhou Sanxing Paper Co.014 0.730 12. kg Value.32 0.40 0.178 2. Ltd. Ltd.46 1.213 2. USD/kg 1 Ningbo Huaxi Int'l Trade Co.807 2. Ltd. Ltd. 19 Shanghai Dongjin Plastic Fiber Co.232.696 3. Ltd.665 4.804 285.55 0. 17. 24 Shanghai Yongfeng Chemical Co.300 481.425.38 0.038. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.& Exp. 30 Dongwan Gaofuda Plastics Products Co.118 509. Ltd.646 985. Ltd.437 831.419..981 332.70 0..345.101... Ltd.248..Corp. Ltd.50 0.277 1.33 0.44 0. 27 Kunshan Anshun Fibre Co. Ltd... 17 Shenzhen Longgang Foreign Economic Development Co.125 977. 11 Ningbo Younger Int'l Transportation Co. Ltd.240 467. Ltd.270 1. Importers Volume. Ltd.103.832 537. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co..242.38 2.33 0.064. 21 Lili Industry (Shanghai) Painting Co.36 0. 34 Hangzhou Keyun Metal Co.867 3..470 1.137 1. Ltd.44 0..66 0. 16 Wuxi Hengdalai Engineering Plastic Products Co.26 0.03 1.184 3. 23 Shanghai Runnan Science & Technology Trade Co.314.160 797.751.33 0.. 35 Shenzhen Fbseg Industry Co.802 1.19 0.075 749.. Ltd. 36 Zhuhai City Qingan Huanan Economics & Trading Co.127.156 1.378 3. Ltd.102.055 827..000 696.45 0.706 4.082 1.000 956.36 1. Ltd.116.371 8.41 0.. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co. Ltd..083.824 452.40 2. 89 .484. & Exp.284. 13 Jiangsu Light Industrial Products Imp.694 1.58 0..146 663.122...049. 25 Zhongcheng Ningbo Imp & Exp Co. 9 Churong Environment Protection Plastic (Shenzhen) Co. 10 Jiaxing Guangshun Fibre Industry Co.813 1.754 342.39 0.106 310.464 749.453 2. Ltd. 6 Fuyang City Fu Xing Imp & Exp Co.634 11. Ltd. 22 Jiangyin Sanqiang Chemical Fiber Material Co.718 1.664.495 3.049 229. Ltd.837.603 1.211. 29 Zhejiang Zhenbang Chemical Fiber Co. Ltd. 40 Shanghai Ge Lai Di Fiber Products Co.80 0.071..142 964..33 0.000 2. Ltd.572 303. Ltd.000 340.978 7.081 429.928 962.50 0. Ltd.832.518 618.876.602 17.723 378. (Group) Co.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No. 31 Dong Guan Foreign Service Co.62 1.300 300. Ltd.747. Ltd. Ltd. 20 Jiangsu Easthigh Group Import & Export Co..494. Ltd.824.725 1.543 601.730 322.515 253.38 0. 28 Shenzhen Baoan Foreign Economic Development Co.41 0. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.079 431.490 664.854...431 2.30 0.47 Unit 3 Shanghai Runtong Int'l Trade Co.048 1.855.772 3.43 0.48 0. Ltd. Ltd.134 1.49 0. 14 Zhangjiagang Cheng Xing Chemical Fibre Co. Ltd.612 3.67 0.201 4.149 136.
215 390.77 0.333 108.. 64 Humeng Foreign Economic & Trade Corp.000 254. Ltd.26 0.529 260.46 0.003 205. Ltd. 46 China Packaging Imp. Ltd.450 460.645 100. 71 Shanghai Hanjia Metal Product Co. 75 Shanghai Feilun Industry Co.64 0. 60 Pujiang Bai Lian Imp & Exp Co. 58 Jingang Chemicals (Kunshan) Co.42 0.42 1.. Ltd.830 195.30 0. Ltd.838 30. Ltd.54 0. 545. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co. Ltd..000 252. Ltd.828 179. 72 Wuxi Tianyi Int'l Trade Co. Ltd.656 36.607 361. 49 Shanghai Jiumao Foreign Trade Co.61 0. 62 Hongkai Fibre (Quanzhou) Co..532 119.90 0.932 0.30 0.354 112..511 76. Ltd.329 44.250 242.45 0.103 448. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co.550 154.39 0. 48 Tianjin Daanxi Recycling Short Fiber Co.30 0.30 0. Ltd.80 0.30 0.. Ltd. Ltd. Ltd..959 233.. 51 Dongguan City New Technologies Imp & Exp Co. 52 Shanghai Rongyi Chemicals Co.58 0.365 102. Ltd. Ltd. Ltd. 54 Shanghai Dong Hao Int'l Commercial Co. Ltd..320 107..327 112.016 121. Ltd.529 123.884 159. Ltd.782 242.874 66. 44 Ningbo Ding Jia Imp & Exp Co.32 0.030 121. 59 Jiangyin City Changlong Chemical Fiber Co..463 99.665 117..840 266.35 0. 45 Shengqin Plastic Cement ( Shenzhen ) Co.504 157. Ltd.550 368.123 350. Ltd.269 490.905 188.708 36.046 46.05 0..931.31 0.204 124.147 229.30 0.139 67.636 250. Others Total 90 . 50 Haifu Development(Shenzhen)Co.30 0.50 1. Ltd.148 222. 56 Anhui Anlike Toys Co.500 329.489 213.& Exp.54 67 Ningbo Jingyong Imp & Exp Co.757 251.000 707.42 0...513 297.882 187. 70 Ningbo Dafa Fibre Co..000 125.42 0.31 0.77 0.46 0.. Ltd.533 215. Manzhouli Corp.62 0. 57 Taicang Wancai Regeneration Resource Utilization Co.420 161.737 36..85 0.384 100.333 149.163 250. 65 Dongguan City Qifeng Foreign Trade Co. 53 Shanghai Yongkai Trading Co. 61 Yingjunren Plastic (Shenzhen) Co.918 120.518 56. Ltd. Ltd.31 0.615 161. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co. 73 Zhejiang Xinghe Group Industrial Co. Ltd. 55 Changzhou Jin Yang Plastic Product Co..627 35.549 179.. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution.034 74.555 237.42 0.356 449. 43 Jiaxing Litai Plastic Products Co. Ltd.231.217 83.213.066 100. Ltd.30 0.580 219. Ltd.30 0..41 Shanghai Yawei Trade Co.000 408.432 236..850 164..05 0.056 570. Ltd.. Ltd. 74 Shanghai Lianan Plastic Product Co.254 33..170 105. Ltd. 63 Qiyuan Plastics (Shenzhen) Co.352 151.073 110.174 513. 42 Dongguan Shangsha Shinghing Plastics Products Co.364.35 0.42 0.000 805..
and they comment it is not high. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer.V-2 Foreign Companies in China V-2. DSR has a special PET production line..000MTS/year of special polyester annually.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr. with the production capacity of 320. Ltd. Sales and Export They claim SDR has import and export license. Price They disclose current price for bottle-grade chip is RMB10. Xiamen 361026. they produce bottle-grade chips but don’t produce film-grade chips. 91 . three Solid-State Polymerization lines. industrial grade chips as well as other related high quality products.1 Dragon Special Resin (Xiamen) Co. Han Jiang Website: www. It is a wholly foreign-funded enterprise. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. Address: Nanhai 1st Road.000~15. Ltd. The total production capacity of PET products is 320. Haicang Investment Zone.R. DSR also provides public utility such as steam.000MTs/year.dragonsr. and current output is 14. At present.. And the company is the exclusive distributor for some regions. (DSR) is founded in April 2002. capable of producing different grade of polyester chips.000MTs/month. 700/MT. The main products of DSR are bottle grade chips.com 1) Company Background Dragon Special Resin (Xiamen) Co. heat through heat-transferring medium and electricity. the United States and Italy. DSR's production facility is equipped with technologies and equipment imported from Japan. with the investment totaling USD274 million. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. But they refuse to disclose the names of those regions. DSR occupies a total area of 24 hectares. P.
which has advanced equipment and can produce high-quality products.. Germany and Shanghai International Shanghai Growth Investment Ltd. Shanghai Lianji passed ISO9002 in early time. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co. Zhuo Website: www. Address: No.R.. . Shanghai Lianji introduced a 70.shlianji. Its total investment is USD138 million and registered capital is USD49.V-2.The Phase Three polyester Project with yearly capacity 150.92 million.2 Shanghai Lianji Synthetic Fibre Co.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's. The production capacity is 300.300m2 and has 528 employees. Shanghai Lianji covers an area of 294. Zimmer AG. They disclose the company carries out production in accordance with purchasing contracts.Production They claim the company started to produce PET chip in 1995.195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. They claim the company is a Sino-Germany joint venture. in 1994. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.000MTs/year and it produced 250. and the price of raw material keeps growing recently.000MTs/year started construction on August 2002..Price and Specifications 92 .China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr. Ltd.. .com 1) Company Background Shanghai Lianji Synthetic Fibre Co.000MTs last year. Ltd.Raw Material They claim 80~90% of raw materials of PET is imported from other countries.000MTs/year filament grade polyester facility (Phase One) and a 30. Ltd. 2) Situation of PET in 2005 .
406 million and the registered capital is USD45. V-2. Ltd. semi-dull and bright chips. Raw Materials 93 . ISO14001. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. Xu Website: www.. Hongkong Qiule Development Co. Changzhou 213022. Italian Faostuo Radici Group.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. P. Jiangsu Province. 68. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco.R. CWRC’s water bottle-grade chip. Address: No. and the production capacity is 270..China Tel: +86-519-5100553-663. including dull. (CWRC) was founded by Shanghai Huayuan Co. Ltd. National High & New Technology Industry Development Zone. Ltd. heat-resistant chip and edible oil chip hold 20%.3 Jiangsu Changzhou Worldbest Radici Co. Ltd. in 1996. West Waihuan Road. They disclose there are three production lines of PET in this company. which makes the company one of the largest manufacturer in China. 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.czwbr. the daily output is 800MTs. At present.000MTs/year bottle-grade polyester chips. The total investment of this company is USD11.000MTs. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years.. 60% and 70% of domestic market. FDA test and Coca-Cola.The company can supply many specifications. 400/MT. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr.2 million. respectively..
Yutang Industrial Park. At present.000MTs/year. The company’s production capacity of PET is 220. 94 . but the rate will vary with the market demand. Ltd. which is different from other PET producers. 1. Ltd. films. Changzhou 213033. Address: No. P. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. Guan Website: www. drinking water. the operation rate is about 80%. the price of water and oil bottle-grade chip is RMB11. Changzhou Andenie covers an area of 120. Xinyu East Road. Price At present.andenie. Germany and SSP technology and facilities supplier Bühler AG. 2005 and only produces bottle-grade PET chips. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. V-2. Jiangsu Province. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million.They claim all raw materials for PET chips are imported from foreign countries. Its bottle-grade PET chips can be applied in packaging of CSD.. Xinbei District.. pet sheets and HDI. etc. as well as drugs. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004.000 square meters.000/MT. with the total investment over RMB400 million.000MTs/year production capacity. and edible oil. tea-drinks. The company exports half of its products to international markets.China Tel: +86-519-5778111. Swiss.R. The company mainly specializes in producing bottle-grade PET chips with 220. They disclose the company carries out production according to its purchasing contracts. fruit juice drinks. 5778666 Fax: +86-519-5778889 Person to Contact: Mr.4 Changzhou Andenie Polyester Co.
There are workshops for polymerization. Shanghai 201419. dyeing and finishing.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. POY. staple fiber. Pudong District.800/MT and RMB11. tea-drinks.R. The production capacity of bottle-grade chip is 180.000MTs/year in 2005. chemical fiber. textile. SSP. P. The company will accept new purchasing orders till Oct.000MTs/year Differential polyester staple fibre.000m2. PET sheet. Price and Specification The price of bottle-grade PET chips is between RMB10.com. Ltd. Ltd. dyeing and finishing and other relative accessory facilities. because all the products produced in Sep. 2005. They disclose the specifications of the bottle-grade PET chips include CSD.feis.000MTs/year 95 .- Raw Material They disclose that all the raw materials of PET are imported from foreign countries. Wang Website: www.000MTs/year. and the company claims it will increase to 500. V-2. Address: No.198. It is a union enterprise using PTA and EG as raw material to produce polyester and other extension products for large-scale chemical industry.China Tel: +86-21-6875-1888 Person to Contact: Mr. and it exported 11. They claim the price will change in accordance with the market. They disclose the PET chips of this company sell well currently. Xinghuo Development Zone. weaving. and edible oil. The product structure is as follows: Bottle-grade chip. 60. The company passed DNV ISO9001: 2000 quality system certifications. drinking water. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996. Factories of Far Eastern Shanghai occupy 370. Sales and Export The company has the import and export license.000MTs of PET chips last month.. fruit juice drinks. DTY. Baisha Road.000/MT.5 Far Eastern Industrial (Shanghai) Co. have already been ordered. 500.
R.000MTs and aluminized film 4. P..000MTs/year. Ltd. They comment that the price is slightly high in China. the price is FOB USD1. In general. 2) Situation of PET in 2005 . Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003.700~1.POY.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. They disclose that the packaging of products for export is in compliance with the export packaging standard. ventilating film and processing many relevant film products. Changning District 200051.000MTs. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. . The company specializes in producing BOPP. 96 . Li 1) Company Background Hunomik (Shanghai) International Trade Co. Ltd. The company started to produce BOPP film in 1990. Its workshops cover 50.000MTs.. developed ventilating film in 1993 and launched into PET film field in 1997.S. PET.Production They claim the company has production facility of PET film.000MTs/year. ventilating film 4.000MTs/year DTY. 34. the annual output of BOPP film is 30.. It is a wholly foreign-founded enterprise. Address: No. (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H.China. Industries Co.800. In South Korea.933. about 200. 9. Zhongshan West Road. Ltd. with the capacity of 55.000MTs.Price & Packaging The price of PET film depends on the thickness of products. PET film 17. Shanghai. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr.6 Hunomik (Shanghai) International Trade Co. the company has nine production lines.000m2. V-2. Thereof.
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
which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company.5 billion. Address: No. LYPC now has 9 functional departments.5 Torch Street.000 staffs and workers. 160.com. LYPC currently has total assets of RMB13.000MTs/year this year and it will increase to 950. P.cn 1) Company Background Covering an area of 16 square kilometers. The company has bright film-grade and carbonated bottle grade chips in stock currently.R. Fuel Section can produce 1. Liaoning Province.000MTs. LYPC is engaged mainly in oil refining and producing chemical products and marketing. while hot-filling bottle-grade chips products will be available next month. Sales and Export They claim the company has the import and export license. Price & Packaging The price for common water bottle-grade chips is USD1.5 million MTs/year.000MTs/year of PET. Ltd. In general. they can offer less than container load. LYPC has marketed its products all over China and exported to foreign countries.45 million MTs of oil products and 900. Fiber sector contains PTA. LYPC has 39 large production units with a capacity of refining crude oil of 7. 2) Situation of PET in 2005 99 .000MTs/year of fiber products.cnpc-lh. V-3. aromatics unit and nylon 66 salt unit which produces 90. 6 units under its direct control and 3 large joint ventures with 12. If clients only need 1~2MTs.000MTs next year. Chemical Sector has PE unit. Hongwei. PET.000MTs of light chemical oil annually. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products.000MTs/year of N66 salt (including AA). the products for export will be packed in container.3 Liaoning Liaoyang Petrochemical Co. Liaoyang 111003. They comment this price is comparatively cheap.000MTs/year of plastic materials and 50. each about 21MTs.035 FOB Zhangjiagang. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. The output in 2004 is 350. PP and PA units producing 400. 10 production plants.They claim the company’s production capacity is 550.
. Ltd.. high viscosity chip for industrial use. Shagang District. Meihua Road.000MTs/year. 300/MT and that of oil bottle-grade is RMB10.China Tel: +86-750-2213758. Address: No.400/MT. Ltd. bright chip. The total output of PET products is over 300. Honeywell (Kaiping) Industrial Polymers Co.- Production They claim the company has PET stock at present. P. Fax: +86-750-2228836 Website: www. V-3. 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. (Kaiping Polyester) is a largescale collective group. Color Venter Particle Factory. as well as Kaiping Chunhui Co. Kaiping 529325.000m2 of land.000MTs last year.4 Guangdong Kaiping Polyester Enterprises Group Co. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. which has been listed. bright fibre grade chip for civil use and industrial use. located in Guangdong Province and covering 700. Price The price of water bottle-grade is RMB10. 2228111. Ltd. medium viscosity chip for use in sewing thread. 100 .com. Guangdong. The company’s subsidiaries include Polyester Chip Factory..kaiping-polyester.1. film grade chip and bottle grade chip.R. The company has two freight docks.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co.
000MTs/year PET for film. and the price will be higher. Its structure of major products is as follows: PET for fiber. 140.000m2. The price varies in accordance with the viscosity degree of products. 80 are engineers and technicians.5 Guangdong Zhuhai Yuhua Polyester Co. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. Zhuhai Yuhua has 650 employees. HR201. 150.. EEC test and H203. The company produces many species including light fibre chip.000m2 of land and its construction area reaches 100. light fibre chip for industrial use. etc. It exports products to Japan and West Europe. Species and Price They claim the packaging is 1MT. Address: Tangjia.000MTs/year 2) Situation of PET in 2005 Production 101 .. Ltd. covers 230. Guangdong Province.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co.000MTs/year PET for bottle. Its products of bottle grade PET have been approved by FDA test. Packaging.R. which are purchased in China and imported from foreign countries sometimes. The company set up a 2. highly viscous chip for industrial use. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. Zhuhai 519080. P. Zhuhai Yuhua specializes in producing polyester chips. V-3. which is equipped with hundreds of advanced analysis apparatus.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www. Ltd.yuhuapet.The company adopts glycol and PTA as the raw materials. Among them. The viscosity degree is higher. established in 1988.000m2 testing building. 10. (Zhuhai Yuhua).
The price is RMB10. Sales and Export They claim their products are sold throughout the country and other countries such as Europe. At present.8 billion. Its registered capital is RMB860 million. By the end of 2002. etc.. V-3. China Cinda Asset Management Co. and other companies. Coca Cola bottle. UCFFG has six subsidiaries and holding companies. Address: Under Qishan Bridge. The company also produces chips for mineral water bottle. with a total capacity of 150. polyester staple and other products.They claim the company produces fibre materials.000m2. Southeast Asia. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip.000MTs/year of polyester filament. Shaoxin 312000. with the capacity of 150.6 Zhejiang Chemical Fibre Joint Group Co. Ltd. China Development Bank. Ltd. polyester long filament. oil bottle 202 and so on. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications. the total assets of UCFG reached RMB1. tea bottle.000MTs/year for PET chip.. China Huarong Asset Management Corp. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. In the beginning of its establishment.R. (UCFG) was built in 1984 by China Orient Asset Management Corporation. the company only had 5. 000MTs/year. etc. 600/MT. Ltd.000MTs/year.. P. the company’s production capacity has increased to 300. cation chip.. which is effective for about one month. Zhejiang Province. UCFG covers an area of 380.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. They disclose most consumers are willing to buy oil bottle chip 202 materials. 102 . including semi-dull chip. flame retarding chip. .
jnzhaf. processing and marketing chemical fiber. JiNan250100. 80 employees work for it and 29 of them are engineering technologists. Jinan Zhenhao has 1.000MTs/year Polyester filament... 110.7 Shandong Jinan Zhenhao Advanced Fiber Co.R. P.China. Jinan Weide Fibre Fabrics Co. Jinan Huaxian Scientific. Ltd. 260.000MTs/year. 100. Huaqianchang Road.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co. Jinan Zhenhao Polyester Co. 103 . (Jinan Zhenhao) was founded in April 2002.. Shandong. V-3. The company has RMB220 million of fix assets. Ltd. Jinan Zhenghao Trading Co.. semi-dull and bright chips. Ltd. ISO10012. Ltd. The company can offer cation.. 29.600 employees. The production capacity of semi-dull chip is about 200. About Jinan Zhenhao Polyester Co.. textile material. LiXia District. Ltd. specializing in producing. 22..2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip. Ltd.2. Ltd.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co.. fabric and garment. The product structure of this company is as follows: IPA. Xi Website: www. Jinan Zhenghao has passed ISO9001.1 and OHSA18001. is a holding company of Jiannan Zhenhao.39 billion. The company owns 9 subcompanies. ISO14001. Ltd. Ltd.000MTs/year Polyester staple. Industrial and Trade Co.000MTs/year PET melt and chip. Jinan Zhenhao Polyester Co.8% of who are technologic support members and 89 people are senior technologists. Its asset is up to RMB2.. Address: No. Tel: +86-531-88068236 Person to Contact: Mr.
V-3. They claim the company has two sets of facilities.China. Sales The products are mainly sold in Shandong Province. Tianjin Branch Address: Sinopec Corp. The capacity of PET chip is 160. Raw Material They claim the company produces PTA as well.000MTs/year.000MTs/year. including 30.638 staff members. Normal output is 400~500MTs/day. At present. Its oil processing capacity is 5 million MTs/year. Price They disclose the price of PET chip is about RMB10. Up to now. among which RMB2. A set of 100. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. with the total production capacity of 260.000MTs/year facility has stopped production.cn 1) Company Background Sinopec Corp. Tianjin. the facility of PTA has stopped for maintenance.R. and they comment that the product can bring much profit. P.000MTs/year of PET chips. Tianjin Branch. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. and some are sold to Heibei Province. PET fibre capacity is 100. and the daily capacity is 500MTs/day. It has its own special Oil Wharf and tank area in Xingang Seaport.000MTs of filament. Sinopec Tianjin has 4.46 billion. 104 . 60.500/MT. chemical and chemical fibre.tpcc. Tianjin Branch’s total asset is RMB6.000MTs/year of staple fibre and 8.000MTs/year.The company adopts the China-developed technology to produce PET.com.000MTs/year. including 743 technicians.76 billion is fixed assets. Dagang District 300271. Sinopec Tianjin has 20 production facilities covering refining. Tel: +86-22-63822777. chemical reforming capacity is 150. about 60~70MTs/day. +86-10-51586861 Fax: +86-10-51586884 Website: www. Tianjin Branch (Sinopec Tianjin) was founded in Apr.8 Sinopec Corp.
kerosene. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. Chemical Fibre Section: Polyester facility.Sales The sales of this company have been unified.000MTs/year. 105 . 250. Price The company produces fibre-grade PET chip. 80. benzene. 000MTs/year.9 Sinopec Luoyang Petrochemical Complex Address: Jili District.000MTs/year. etc. including lead-free gasoline. jet fuel. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. 90. heavy aromatics.000MTs/year. 60. . PET chips. 48. Lummus. FDY and POY filament facility. 43. Tianjin Branch. PX facility.200 at present. P. 2. .000MTs/year and differential staple fibre. para-xylene. fuel heavy oil.000MTs/year. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more.000MTs/year.000MTs/year.Sinopec Tianjin mainly produces 31 kinds of products of oil. PLG. 200. Mitsui Chemical.000MTs/year.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility.000MTs/year. PTA facility. 300. Shell in Netherlands. 200. 100. R. petroleum asphalt.000MTs/year.000MTs/year. Henan Province. PET staple fibre and filament.China. PET Staple Fibre facility. Mitsui Toatsu Chemicals of Japan. The price is RMB10. It is called Sinopec Corp. 22. coke.000MTs/year. which is taken changed by the sales center in Beijing. EO facility. 600. DMT.000MTs/year. Neumag Company of Germany. LuoYang 471012. They claim the production capacity of PET is 200.000MTs/year and EG facility. Union Carbide Corporation in the United States. Ethylene Section: Ethylene facility. Polyether Polylol facility. chemicals and fibre. V-3. film-grade chips facility. 120. light diesel. polypropylene facility. polyethylene facility.
+86-10-51586861 Fax：+86-10-51586884 Website: www. The capacity of polyester filament is 90. 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. The capacity of PET melt and chip is 200.com.200 professional technicians. that of PTA is 250.000MTs/year.000MTs/year.lypcc. polyester facility. Sinopec LPC has more than 8. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion.4 billion.000MTs/year. and that of polyester staple fibre is 100. including 2. It was started construction in 1998 and put into production in 2000.000MTs/year. including aromatic hydrocarbon facility. but the output volume is not as large as it. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. Price 106 . Sinopec LPC specializes in oil refining. UOP and Japanese Toray. It has 1. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. The plant carries out production in accordance with purchasing orders.100 employees.500 employees. The Chemical Fibre Plant has five major production facilities. which was invested in RMB6.Tel：+86-379-66996147.000MTs/year. direct spinning polyester filament and direct spinning polyester staple fibre. chemicals and chemical fibre.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. PTA facility.
the group sets foot in real estate. DTY DT FDY filament PET chip The production capacity of polyester is 720. Zhejiang Tongkun Group Address: No. in 2004. Zhejiang Province. and that of chemical filament fibre is 600. Its products include: POY. Guangming.000MTs/year. IT as well as printing and dyeing fields. Hangzhou 314500. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. and most PET chips are used to produce polyester filament and staple fibre by the company itself.10.8 billion. Tongxiang Development Zone. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. Only a small part of PET chips are sold out. P. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co.000MTs/year. Ltd.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. It is a state-owned enterprise. At present.. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. Zhu Website: www. V-3. agriculture.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr.R. It has more than 7.000 employees. 107 . finance. . 2. Ltd. Meanwhile. including RMB1 billion of net assets.zjtkjt. in 1999 and Tongkun Group Co. . The price is RMB10.The company produces fibre-grade PET chip. trade. the total asset of Zhejiang Tongkun is RMB2.200 at present. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies..
2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. Zhejiang Tongkun passed ISO9002.000MTs/year PET chip project. They claim the market of PET this year is unfavorable. Price and Specification The company can offer fibre-grade and bottle-grade chips. which was put into production in Oct.Zhejiang Tongkun introduced equipment from TMT in Japan. Zhejiang Tongkun invested RMB310 million in the 180.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. Zhejiang Tongkun invested RMB120 million in the 160. 2000. Sales and Export The company has the import and export license.000MTs/year. The production capacity of fibre-grade PET chip is 180.000MTs/year and 550. In Jan 2001. Up to 2004. 108 .000MTs/year polyester project was put into production. The price of bright chip is RMB10. no semi-dull chip. HIMSON in India.000MTs/year polyester and melt direct spinning production line. Zhejiang Tongkun invested RMB580 million in the 180. 204. 500. the production capacities of polyester and melt direct spinning long filament reached 700. which was put into production in Jun. 2000. In Aug. which was put into production in Sep 2003. 2002. UB20 LAUDA in Germany. HONEY WELL in the US.000MTs/year and that of bottlegrade is 20. They disclose the company produces fibre-grade chip but not film-grade chip at present. etc. About PET Project In Apr. In Jul. 2002. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180.000MTs/year modified melt direct spinning long filament project.
90% workers graduated from the technical secondary school or collage. Its major product is bottle-grade PET resin. Among them.tunhepet. The price will vary with the market.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year..China. 2) Situation of PET in 2005 . V-3. Ltd.Sales They claim that the current market situation is comparatively good.000MTs/year. The company passed OHSA1800.. 800.000MTs/year. with the production capacity of 60.87 hectares. Ltd.R.000MTs/year. Ltd. At present. ISO9001: 2000 and ISO14001. The production capacity of bottle-grade chip is 60. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. The company covers an area of 13.000MTs/year.Production They claim the company hasn’t PET chip in stock at present. with the capacity of 110. as there are many buyers waiting for the products. Xinjiang. 109 . Address: Yan’an South Road.11 Xinjiang Tunhe Polyester Co. Chanji 831100.. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. The company carries out production in accordance with the purchasing contracts. .cn 1) Company Background Xinjiang Tuhe Polyester Co.Price The price for bottle-grade chip in its latest purchasing order is RMB10. . Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. P. there are 225 employees in the company.com. Current operation rate of its facility is 100%. The production capacity of multifunction and differential polyester chips is 60. The company also produces fibre-grade chip.
Heping street. 2) Situation of PET in 2005 . Ltd. while only two factories are producing PET due to capital problem in the company. Japan.. which started to produce PET as early as 1985.. Address: No. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory.V-3. 300/MT. P. Acheng city150316.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion. the United States and Italy. It is a listed company. that of polyester textile-grade staple fiber is 90.biz 1) Company Background Heilongjiang Longdi Stock Co. Sales 110 . Xiao. At present.12 Heilongjiang Longdi Stock Co. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. Heilongjiang. The company carries out production according to the market demand. Price and Specification The company produces bright and semi-dull chips. Heilongjiang Longdi has the import and export license.000MTs/year. The price is RMB10. Heilongjiang Longdi imported the key equipment from Germany. The Company passed ISO 9002 and ISO9001: 2000. They disclose the company has more then ten factories. the production capacity of PET chips is 160. It does not produce film-grade chip. They disclose that the current output of PET products is not large. Ltd.116.000MTs/year and polyester industrial filament is 37.China Tel: +86-451-53715382. and the two factories work for 24 hours a day.000MTs/year. They claim their equipment is worldadvanced.R. Miss Shao Website: www. that of filament is 36. It sells its products all over China and exports them to Europe and America.000MTs/year.longdi.
Push Plastic & Polyester Department.150. Tel: +86-831-3565889. Push Subsidiary Companies and Push joint ventures. while the industrial filament is profitable. Price and Species 111 . plastic pipes and fittings.000 employees. Push Group has RMB3 billion fixed assets. P. Mr. Minjiang West Road. 340. Address: No. Yinbin 644007. (Push Group) was established in 1997. Push Plastic Building and Packing Materials Department. PET bottle preforms. Miu. It is a wholly subsidiary company under Wuliangye Group. including over 500 technicians and professionals.pushi. etc.cn 1) Company Background China Push Group International Co. At present. The claim PET chip cannot bring much profit because of expensive raw material.. American and Southeast Asian countries. Push Plastic includes Push Plastic Closure Department. Push Plastic Pet Preforms Department.13 China Push Group International Co. detergents and cosmetics.R. China.0 billion by 2004.000m2 production facilities and over 4. Ltd.. Products of Push Group are exported to European. molds. The company carries out production in line with their purchasing orders. Its products include plastic anti-fake bottle caps. and 3D images and laser anti-fake products for packaging and advertising. plastic packaging bags. polyester chips. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament.com. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. They disclose that PET products are stored in Dongguang Guangdong Province. V-3.000MTs/year. Ltd. while the production base is in Yinbin Sichuan Province. Push Group consists of three units: Push Group Push Plastic. The initial investment for Push Group was RMB300 million.. Chen Website: www. and the total investment had exceeded RMB2. Sichuan Province. etc.
Shengze Town. The total asset of the group is RMB4 billion..000MTs/year Silk.R.com 1) Company Background Jiangsu Wujiang Silk Co. Chen Website: www. V-3.. Ltd.. Jiangsu Wujiang Silk Group Co. 2) Situation of PET in 2005 Production 112 . Xinhua Silk Weaving Mill. The products can be used in engineering plastic as well if it is processed to improve the performance. Jiangsu Silk Group Co. It was listed in 2004. Camellia. They claim the PET products in the company are bottle grade PET.000MTs/year Chemical filament. China Garment Group Co. Ltd. mainly engaging in producing and marketing high-grade silk. special filature. computerized embroidery.. Add: Shunxin Middle Road.130/MT. 130.. The product structure of JWSG is as follows: PET chip.. Wujiang 215228.They refuse to disclose the domestic price of PET products. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. Ltd. (JWSC) was set up by Jiangsu Wujiang Silk Group Co.China. etc. The total registered capital of JWSC is RMB313 million. Ltd. and Suzhou Foreign Economic Development Corporation. while the price FOB Guangzhou is USD1. Ltd.silkgroup. Jiangsu Province.. Xinsheng Silk Weaving Mill. Ltd. (JWSG) has five factories: Xinlian Silk Weaving Mill. and Xinda Computerized Embroidery Plant.14 Jiangsu Wujiang Silk Co. Sales and Export They claim the company has its own import and export license. Liaowu Silk Weaving Mill. P. 120. About Jiangsu Wujiang Silk Group Co. China Silk Industry Corporation. 80 million meters/year Computerized embroidery. scientific technology and trade.. Longqiao.. Ltd. JWSC integrates real estate.
5621130. China Tel: +86-575-5101220.000MTs of different specifications of semi-dull. The output is 150MTs/day. semi-dull.15 Zhejiang Cifu Group Co.000MTs of melt direct spinning and 100.600 staffs and over 10% have been educated in college. covering 2 million m2. Zhejiang Cifu consists of two factories. cation dyed of DTY.They claim the company started to produce PET chips ten years ago. seven corporations and one research institute center as its subcompanies. It is a comprehensive enterprise with USD500 million of total assets. Zhejiang Cifu sells its products both in China and abroad. Germany. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip..S..cifugroup. France and Italy. BOPET and medicine fields. Ltd. The company has passed ISO9001. which produces 400. Japan.. 113 .000MTs of chip spinning). Specifications They claim the company offers bright. The company has 6 production lines of small polyester. Zhejiang Cifu has more than 3. The company produces cation and other special chips but not film-grade chip. Ltd. Shaoxin 312073. Address: Binghai industrial strict. because film-grade chip is unprofitable. Miss Li Website: www.A. POY and FDY 400 thousand tons (including 300. Zhejiang Province. P.R. V-3. film and yarns are imported from the U. development and production of raw materials of chemical fibre.com 1) Company Background Zhejiang Cifu Group Co. cation and other special chips. All the key equipments of polyester. It specializes in the research. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr. Xu.
Tel： +86-575-8038368.500 employees.In 2003. Zhejiang Province.000m2 of construction area... Ltd. Zhengjiang Zongheng covers an area of 667. Ma Website: http://www. The price of film-grade chip is USD110/MT. Its total assets reached RMB1. such as Europe and Southeast Asia. They claim their products are sold both in China and oversea countries. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. V-3. Address: Industrial Economical Development Zone. 8038160 Person to Contact: Mr.zgsc. 114 . Sales and Export The company has the import and export license. It has five economic entities. It is predicted to be put into production in 2005. P..R. and so on. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co. It has 4. fibre-grade. Meanwhile. They disclose the company cannot offer semi-dull chip at present. because its production is in accordance with purchasing contracts. China.000MTs of high-speed film grade BOPET material and 120.cn/rx/ZONGHENG/twjs.000MTs of BOPET. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. Ltd. covering. The capacity of film-grade chip is 200. which can produce 200. 2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET.htm 1) Company Background Zhejiang Zongheng Group Co. including film-grade.000m2 including 280. 8039725 Fax：+86-575-8038161. Ltd. Price and Specification They claim the company produces many specifications of PET chips. Doumen County 312071.16 Zhejiang Zongheng Group Co.. Ltd.6 billion.000MTs/year and the daily output is about 300MTs.. cation.
087 billion. 100.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. etc. Yuetang District. Europe and so on.000MTs/year.17 Hunan Jindi Chemical Fibre Co. The company passed ISO9001: 2000.000m2 and has 590 employees. and France.000MTs/year Differential fibre. The product structure is as follows: PET chip. with the total investment of RMB1. Xiangtan 411101.000MTs/year Garment materials. Germany.The company has six batch polymerization production lines. respectively. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. was established by Hunan Economic Construction Investment Company. The production capacity of polyester and filament of Hunan Jindi is 100.. Shuyuan Road. 160. Address: No. 38..R. Ltd. P. Hunan Province. 2) Situation of PET in 2005 They disclose the company produces PET chips in accordance with its plan and it is unable to supply PET products to others.000MTs/year. 40. including 248 professional technicians. The company introduced major equipments for polyester and spinning from Switzerland. 120 million meters/year The company sells its products all over China and exports to Southeast Asia. They refuse to reveal more information. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . The registered capital of the company is RMB250 million. 12 production lines of FDY and 4 production lines of POY. Ltd. Liu 1) Company Background Hunan Jindi Chemical Fibre Co.. V-3. The company covers 334.
The company produces over 60 different types of products in 4 categories.com. The company carries out production in accordance with purchasing contracts.spc. synthetic resins and plastics. V-3. It specializes in highly integrated production and operations of petroleum products. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972.48 Jinyi Road Jinshan 200540 Shanghai China P. 950. R. synthetic fibers and plastics.000MTs/month.8 billion and 28. 1. 5. The company itself consumes 4. SPC has 72 sets of main production plants including oil refining.cn 1) Company Background Sinopec Shanghai Petrochemical Co. and current output is 8. covering an area of 9.38 million MTs/year 116 . Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999.000MTs/year. 950. They claim the production capacity is 100. manufacturing of plastics and synthetic fibers. At present.18 Sinopec Shanghai Petrochemical Co.500 staff members on the regular payroll. 14 million MTs/year Ethylene. intermediate petrochemicals.000MTs/year Petroleum and petrochemical products. Address: No. Price They disclose the factory price is RMB10. petrochemicals. SPC has total assets of RMB 28. Their filament products are exported to foreign countries. synthetic fiber raw materials and synthetic fibers.000MTs/month. petrochemical processing. Sales They claim the company has the import and export license. By the end of 2004. It produces semi-dull fibregrade PET chip.1 million MTs/year Synthetic resin and plastics.000MTs/year Synthetic fiber raw material and synthetic fiber. The product structure of SPC is as follows: Crude oil. such as petroleum products. 200.4 square kilometers. Ltd. Zhang Website: www. Ltd.
Sichuan Province.800/MT. Its total assets were RMB144.. technology of polyester staple production line from Japanese TOYOBO.000MTs/year Polyester filament.. Ltd.000MTs/year Polyester staple. -Price and Specification The specification of PET chip has bright and semi-dull chips.. Juxin Road. As the price of petroleum goes up. It started to produce PET in 1982.com 1) Company Background Sichuan Polyester Co. 117 . PET chips cannot bring much profit. Current price of semi-dull chip is RMB10. technology of filament production line from Swiss Inventa and equipment from Barmag AG. Kong Website: www. the price of raw materials rises accordingly. Ltd. the production capacity was 80. The production structure of Sichuan Polyester is as follows: PET chip. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange.It has 963 employees. SPC was listed on the Shanghai Stock Exchange. Da’an.Sales They comment that current market of PET is unfavorable. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC.000MTs/year. Ltd.China. Zigong Investment Company and Sichuan Textiles Group Co. Zigong 643010. the production capacity is 8. 70.19 Sichuan Polyester Co. Address: No. V-3.000MTs/year. They disclose that the price of PET chip went up last week. At that time. .000MTs/month.R. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. was set up by Sichuan Investment Group Co. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. in 1993.scjz. 100.In June 1993. Sichuan Polyester covers an area of 220. 20.. At present.000~11. Ltd.000m2. P.911 million. 2) Situation of PET in 2005 .88.
China Tel: +86-575-4816306. polyester staple fiber. Japan Morata & Teijin seiki.000MTs/year. 1. draw texturing.yuandonggroup. East Street. Shaoxing.000 MTA polycondesation capacity (in which 420. Ma’an Town. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. Only a small part is sold out. -Price The factory price is RMB10.000MTs/year DTY and 120 million meters colored fabrics for customer processing.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. Major products of Zhejiang Yuandong include: POY FDY 118 . P. 500/MT. heat and power plant. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200. And 100. real estate. 300. The company produces PET chips in accordance with the purchasing orders.20 Zhejiang Yuandong Chemical Fiber Group Address: No.000MTs/year each from Germany Zimmer AG.000MTs/year polyester chips.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. dyeing & printing.R. V-3. totaling 800. At present. polyester filament. They disclose the price changes frequently because the price of raw material goes up quickly. 80.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. Zhejiang Province. Sales They disclose most PET chips are kept to produce polyester filament and staple.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment). Li Website: www. 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.
300/MT at present. (Zhejiang Hengyi) is a state-owned enterprise established in Oct.Production They disclose the company has produced for four or five years. Zhejiang Province. Zhejiang Hengyi covers an area of 530.Sales and Export They claim the company has the import and export license. 300. 35 million meters/year 119 . The total asset of this group is close to RMB5 billion. Currently it only produces fibre-grade PET chip.000MTs/year Met direct polyester filament.Price The price is about RMB10. Zhejiang Hengyi specializes in the production of polyester. . The company itself consumes some PET chip to produce polyester filament.000m² and employs more than 4. V-3. .000 staff members. Xiaoshan District. The product structure is as follows: PET chip. P.com 1) Company Background Zhejiang Hengyi Group Co. 520. Ltd.000MTs/year Garment fabrics. They disclose current output is about 600MTs/day..China Tel: +86-571-82799247. filature and weaving as well as R & D and trade. 82797888 Fax: +86-571-82759919 Person to Contact: Mr. 1994.000MTs/year Polyester staple fibre processing. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German. Ltd.. Address: Yaqian Town.hengyi. It changes in accordance with the market situation.R.DTY Staple fibre PET chip 2) Situation of PET in 2005 .21 Zhejiang Hengyi Group Co. Shi Website: www. It carries out production in accordance with purchasing orders. 80. Hangzhou 311209.
thus it only sells a part of PET chip.000 area of land. Ltd. Address: Dongji Sub-zone. 2) Situation of PET in 2005 . Its workshops cover 80.22 Guangdong Guangzhou Yamei Polyester Co. The fibre-grade PET chip in this company is semi-dull chip. Huang Changzheng..China Tel: +86-13925187591.600/MT. +86-20-82215900 Person to Contact: Mr. and the capacity of 75.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre.R. . The company also produces polyester filament and polyester staple fibre.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10. Ltd. The company has the import and export license. . (Guangzhou Yamei) is a China. Guangzhou 710730. V-3. P. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co.000MTs/year.Production The company only produces fibre-grade PET chip. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips. Guangdong Province. US and Japan trilateral joint venture enterprise with investment of USD70 million. 120 .Zhejiang Hengyi exports its products to foreign countries. and they claim the price is not high in the market.. Guangzhou Economic & Technological Development Zone. ] They claim the production technology and facilities are imported from DuPont Company. The company passed ISO9002 in 1998.
fcf. Foshan Synthetic Fiber Plant and Spinning Thread Plant.000 tons/annum.R. The company has four factories: Foshan Polyester Chip Plant. The continuous polyester viscosity increment facilities of 20.45.. since the Property recombined in 1997. Guangdong Province. V-3.000MTS/year.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. (Foshan Chemical). Chancheng District.cn ` 1) Company Background Foshan Chemical Fibre Complex Co.23 Guangdong Fushan Chemical Fibre Complex Co. Ltd. Ltd. The company has more than 400 experts and technicians. Among them. Dong Website: www.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. chips used for non-ordinary type fiber. Foshan. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. Foshan Polyester Filament Plant. senior engineering technicians account for 10% and medium engineering technicians account for 30%. 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 .000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China. Total production capability of the company is 150. Ltd. Main products of this plant include: semi-dull and bright chips. Address: No. P. accounting for 1/6 of total staff. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998.. Fuluo Road..com.
Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Raw Material They disclose raw materials are expensive at present. and all materials for PET are exported from foreign countries. The company has two production lines of PET. BOC Haikou Trust and 122 . which is a downstream product of PET chips. Ltd. Price Current price of PET chips is claimed to be about RMB11. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008.000MTs/year. the output of Guangdong Kaiping Polyester Enterprises Group Co. Haikou. The daily output of PET chips is 230~240MTs. also produces PET chips.19. Its production capacity is about 180..000MTs/year. With respect to PET filament. about 400. Wang 1) Company Background Hainan Xingye Polyester Co. Hainan International (Oversea) Investment Co..China. They also disclose that this company is a state-owned company and it is in the process of restructuring.000MTs/year.. Gang'ao Industrial District. 000/MT. Ltd... Ltd.R. Sales and Export They disclose most PET chips produced by the company are used to produce filament. and the company also produces polyester filament.000MTs/year and it is the midseason for filament at present. Address: No. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. Ltd. Xinye Road. thus the both production lines of PET are carrying out full-scale production. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Ltd. P.24 Hainan Xingye Polyester Co.They claim that the production capacity of PET chips in this company is about 70. is very large. and only a small part is sold to others. The production capacity of filament is 35. V-3. (Hainan Xingye) was set up by Hainan Textile Industry Company. Hainan.
123 . In 1995. the company’s operation is in the process of loss. Ltd. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co.000MTs/year.. while the price of polyester products is comparatively relatively low in the market.Investment Company. The production capacity is 60. Sichuan.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr. Because raw materials are expensive. Guanghan. The capacity is 160. Ltd.Production They claim the company has been produced PET chips for about ten years.000MTs/year. At present. V-3. Chemical fibre. They disclose the company will not sell PET chip in the future.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. .000MTs/year. Address: Shaoxin Road. In 2002. Main products of this company include: Polyester chip. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. the capacity of PET Polyester reached 60. The total investment is about RMB 350 million. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. In 1992. accounting for 35%.. 000m2. Spin materials.. 2) Situation of PET in 2005 . Ltd. At present.China.25 Sichuan Guangkang Chemical Fibre Co. Hainan completed its first phase of PET project was completed.(Sichuan Guangkang) is a joint venture. the capacity of PET filament reached 60. The capacity of PET downstream product filament is 60. It covers an area of 117. Chemical products.000MTs/year.R. P.
In addition the company is exclusive producer for PET in southwest District and northwest District. P.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. Huange Road. but they disclose this price is negotiable.26 Guangdong Shantou SOE First Polyester Films Co.com. Daxue Road.Cai Website: www. Ltd. its production capacity is 40. Shantou 515041.000MTs. Mr. Here the products occupy 95% of polyester chip in marketplace.000MTs/year non-fibre-grade PET chip. Address: North side of Xigang Bridge. 30.China (PET films factory) No. At present. Guangdong Province. P.cn 1) Company Background 124 . 000. it supplies PET products to long-term clients as well. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0. V-3.000MTs/year PET project in 1995. and monthly output is more than 3. Guangdong Province. 8603975 Fax: +86-754-8251298 Person to Contact: Mr. The price of bottle-grade chips is RMB11.78 and above 0.000MTs/year.soe-film. Sales and Export Most PET chips produced by this company are consumed by the company itself. The Production capacity is 40. and started the first phase. The company has passed ISO9002 and got American FDA certification.. Shantou515041.China (PET resins factory) Tel: +86-754-8231485.37.R.85.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland.000MTs/year. of the 60. However. Xu.
(UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). (Shantou SOE) is a joint venture company.008-0...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. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China.. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company.PET and co-PET chips. Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. Quanzhou Quangang SOE First Polyphenyl Co... 125 .. Ltd. film grade PET chips are include audio base film. It produces PET and BOPET. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE). Film products of this company include: audio base grade PET films packaging grade PET films hot .036mm) and width range is 330mm-1500mm. 2) Situation of PET in 2005 Production The company is a joint venture. Shantou SOE First Polyphenyl Co. Major PET chips include film grade and bottle grade bright chips.Shantou SOE First Polyester Films Co. etc. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. SOE consists of Shantou SOE First Polyester Films Co. Ltd. Shantou SOE has equipped two sets of independent additives preparation systems. Ltd. homo. etc.. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA. video base film and packaging PET films. Ltd.
and film grade chip has two species.000MTs/year. They disclose that at present his company has no PET stock for packaging industry. they claim the company started to commence the production in 1990. canned bottle.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. 000~RMB30. Species. V-3. table-water bottle and so on. R. But because production capacity is little.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. 000. At present. film chip with additive and bright film chip (without additive). Their products are sold in China and aboard such as Europe and America. which are produced by the company itself. 500/MT. At that time the designed capacity was 12. Xinjiang. They claim the production technology and facility of BOPET was imported from German Bruckner. They disclose their clients purchase PET products to produce drink bottle. With respect to PET chips. They comment that the prices are slightly high.000MTs. and it increased to 15.upc-chem. PET chip includes film grade and bottle grade. P. The company adopts glycol and PTA as the raw materials. the production capacity is 3. Sales and Export The company has imported and export license.com 1) Company Background 126 . Urumchi 830019.They claim the company has been producing PET film for more than ten years. Price & Packaging They claim the company has many species of PET film products.000MTs/year and the output last year is claimed to be 3. and they can produce different species according to clients’ requirements. The price for film chip with additive is RMB10. They disclose that the market of PET chips was not very good last year. The prices are effective for about one month. later than PET film production.000MTs/year currently. 500/MT and RMB11. the consumers mainly distribute in local area. film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10.
Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr. It has already established serial development and production organization of relative products such as amino.com 1) Company Background 127 . But usually they don’t export PET chips V-3.zbcfc. engineering and transportation. Zheng Website: www. 200/MT. burning-proof bubbling foam materials and liquid ammonia.000MTs/month at most. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade.R. P. 1. Southeast Asia and Middle East. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years.China. carbon dioxide.28 Zhejiang Zhenbang Fibre Co. The Chemical Factory of UPC has passed the ISO9001: 2000. Cixi 315334.000MTs/year. Plastics Plant. Zhejiang Province. Products of UPC are sold in China and exported to many countries and regions such as Russia. Ltd Address: Hangzhou Bay New Zone. amino-plastics. long-efficient urea. Current price is RMB10. resin powder. material supply. Power Plant as well as some specialized service organizations such as equipment installation. Current output is 700~800MTs/month.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. UPC consists of Chemical Factory. They estimate the price will go up next month.. Sales and Export They claim UPC has import and export license.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998.
The company was established in May 1997. P. Ltd.lypet. Henan Province. The company also produces filament with PET melt.. (Luoyang Nanfeng) is held by China Airbome Missile Academy. Ltd.1 polyester fiber factory and No. The production capacity is 20. (Zhejiang Zhenbang) was founded in 1990. Its annual capacity is 200. The company’s differential PET chips include: 128 . Ling Website: www. and holds the stocks of Ningbo Donghong Fibre Co.Zhejiang Zhenbang Fibre Co. All PET chips produced by this company are for sale.2 polyester fiber factory. V-3.000MTs/month after maintenance. Ltd. It has 1.000MTs/year.R. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. Ltd. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. Ltd and Ningbo Anbang Fibre Co.000MTs/year.29 Henan Luoyang Nanfeng Polyester Co. Luoyang Nanfeng specializes in the research and production of different polyester chips. Luoyang 471003. Its total assets have reached RMB1 billion. Address: Lichun West Road. 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.com 1) Company Background Henan Luoyang Nanfeng Polyester Co. The production capacity of PET chips is 1. and also provides consultation and service of polyester producing system.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr.000 square meters... The production will not be resumed until Sep 15. Zhejiang Zhenbang owns No.300 employees and covers an area of 635.. They claim the company is an integrated enterprise and have been producing PET chip for two years.
Price They disclose that the factory price is RMB10.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. They are willing to offer bottle and film grade chips for long term. The company carries out production according to purchasing contracts. 129 . The company also produces bottle and film grade chips. but the quantity is small.000MTs/month.600/MT. The production capacity is 1. They disclose that the company mainly produces special PET chips. 500~10.
SKC mainly produces polyester film. and also produce imaging. Anhui Province on Nov. information and electronic materials such as thermal ribbon for video printers. Anhui Province. which can be used in almost all white goods... and dicing tapes for protecting and holding semiconductor wafers. Anhui Tongfeng mainly produces a complete series of capacitor film. Ltd. SKC is the fourth largest polyester film producer in the world and the largest in Korea. Anhui TSF will produce polyester film for capacitor. P. latest type electronic elements and energy-saving power equipment. 2004. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. Address: Tongling... It is a sub-company of SK Group in Korea. metallized film and film capacitors. About SKC SKC was established in 1976. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. the registered capital of Anhui TSF will be USD12 million. The company will be put into production in 2006. (Anhui TSF) in Tongling. Ltd. Ltd. solar control window film for automobiles and buildings. Ltd.R. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. and Anhui Tongfeng Electrics Co.V-4 Potential New PET Manufacturers V-4. 130 .1 Anhui TSF Electric Materials Co. According to the contract.China 1) Company Background SKC Co.
131 .V-5 Closed PET Manufacturing Sites Not available.
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