This action might not be possible to undo. Are you sure you want to continue?
- 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
decreasing import as well as few newly-built facilities. As the application technology gets mature increasingly. However. However.000MTs/year in 2006. Eastman Chemical and Wellman all plan to enlarge their PET production capacity.000MTs compared to 2003. the price of PET in North America goes up. It is estimated that the demand of PET in Asia will account for 29% of the global demand. the import volume of PET in 2004 decreased 44% to 150. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. For instance. Due to the strongly resuming demand. and PET producers have increased the PET price RMB88/MT since Aug. it is estimated that the import of PET in the United States will keep stable this year. Global Overview of PET . Indonesia and Thailand by . Middle East and Africa will still account for about 30%. Because of the high operation rate and large price increment of the raw materials. 2004. that in North America will slide down from 50% in 1990 to 41%. together with the antidumping tax imposed on the PET imported from India. the price of PET decreased USD209/MT. and the price ever rose to USD1. 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.Executive Summary 1. the import of low-price PET will strike the United States in 2007. Asia becomes the key region of PET demand. Some PET producers have announced to invest new PET facilities. 3 . that in Europe. The growth rate of PET demand in Asia especially China is the fastest in the world. 2005. According to statistics. there will be a 1. 760/MT in Dec. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. DAKAmericas. In 2004. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. Although the International Trade Commission of the United States decides to nullify the import tax on PET. Recently the price of raw materials rose again. the price increment of PET in the United States was as much as USD594/MT. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. Although the growth rate of demand is higher than that in Europe and North America. As the demand off-season comes and the price of raw materials slides down this year.
It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015.4% in Chinese bottle marketplace. the consumption volume of bottle-grade PET in the world was 5.4 million MTs/year. PET is mainly applied in fibre.000MTs. the overplus of PET production capacity in Asia was about 2. the product is used for many fields for its excellent properties such as light weight. and in 2004 this volume increased to 31. especially the price of materials is low.5 million MTs. It is predicted that such situation will turn better until the price of raw materials falls down. about 14% of global PET output was used to produce film.In 2004. which will reach 4. the press on the profit ability in European PET industry will continue to exist.6% of total consumption. PET producers in West Europe restrict the import of PET through antidumping. and this proportion will be up to 17% in 2005. In future years. and the global consumption of PET bottles arrived at 6. with the consumption volume of 235. film-grade PET will take a larger part of PET production in the world. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005. Asia-Pacific will follow North America.7 million MTs. At present.8 million MTs in 2003. transparency. 4 . In 2002 the PET output volume in the world was 26. At the present the PET has been applied in drink. bottle and film fields. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. In 2002. oolong. mineral water and other packing fields. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers. The operation rate will be as low as 60%.000MTs. At present. In past years. Because the capability of PET resin is steady. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. Since PET entered the market. it doesn’t react with other drink and produce ill odor. In 2004. especially in Asian countries the growth of PET polyester and its raw materials was remarkable.6 million MTs in 2004. more than half of global PET was used to produce chemical fibre. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. In 1995. and the application in other fields only accounts for 1.4 million MTs/year. easy to re-airproof. If new PET facilities are put into production on schedule.8% of global PET was used to produce chemical fibre. black tea. The proportion of fibre-grade PET will drop in future years. In developing countries. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market. and North America will become the largest market in the world with the consumption volume over 250. 54.
about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. Chinese PET production capacity accounts for over one third of global PET production capacity. far higher than other countries. the average annual growth rate was much higher than that in the world.2. China is a large PET consumer. and lays the foundation for the continuous development of textile industry. With respect to the output of chemical fibre. which will drive the consumption volume of PET. and its proportion in global chemical fibre output increased from 36% to 40%.5%. Chinese polyester filament output increased 24%. The consumption volume of PET products in China increases at the rate of 8. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. In China. Although the rate of operation of PET in China was not enough. about 10% was consumed in packaging field and 5% was used to produce film in 2004. the output in China grew rapidly in 2004. and polyester staple fibre increased 22%. accounting for 49% of global output (exceeding 7 million MTs). Meanwhile. it created conditions for Chinese polyester products moving to international market. From 2005. accounting 42% of the global output. PET Market in China During 2000 to 2004. 5 .
Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. Consumption Patterns of PET and Price Trends. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. either those who are active in production or those who are idled now. introducing the major producers in China based on the extensive telephone interviews. etc. Rate: 1USD=8. etc. journals. magazines. etc. production level. plan. consumption. The detailed findings of each manufacturer has been edited and summarized for reference. In most instances. Market Trends and Forecast. The appendix-Manufacturers in China. discussing and summarizing the production situation in China form aspects of present production situation. market view. The information in this report is dated to Sep. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. even if they already stopped. production. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. in order to uncover the situation of each producer from aspects of capacity. raw materials. extensive telephone interviews have been conducted. The aim of this report is to provide basic understanding to the Chinese manufacturers. All the Chinese manufacturers have been located. export.10RMB 6 . In order to obtain the details situation of Chinese manufacturers. etc. consumption. technology. This report is presented in five parts: The main body-Technology Development. 2005.
1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. and cutting PET into chips or granules in water. Now in China. I-1. I-1. most of the PET manufacturers adopt two production technologies to produce PET polyester. The following is the brief introduction of the two technologies.000MTs/year PET chips production line into production. PET product for distribution is produced. DMT technology and PTA technology.. put its 60. Sinopec Yizheng Fibre Chemical Co. At present. After polycondensation reaction between PTA and EG. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . The production flowchart of PET is as follows: PTA Esterification.Part I Technology Development I-1 Historic PET Technology Trends In 1984. then PET can be obtained through polycondensation reaction. Ltd. few PET producers take this technology in China.2 PTA Technology PTA technology adopts PTA and EG as raw materials.
The mol ratio between EG and PTA is within 1. • • 8 . Time for polycondensation reaction is two hours at least. during the esterification phase. The key points in the second step include: • • • • In order to shorten the reaction time. Thus the polymerization degree and reaction speed can be improved.1~1.2:1. The optimum reaction temperature is within 275~290 ℃. the reaction pressure should be higher than atmospheric pressure. and be various in terms of various reactors.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. The reaction balance should be broken to let this reaction move to the right direction. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). 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.
the molding process of one-step technology is unlike the process of two-step technology. Two-step technology is that pipe blanks are heated. The automatization level of this process is high. being stretched and plastic blown. only two-step process can be adopted. and the one-step process needs to make corresponding operation to the bottle top when moulding the bottle preform blank while the two-step only needs to do such operations before heating. the investment needed is not large and it is easy to operate and maintain it.6. while the energy consumption is low. both one-step and two-step can be adopted to mold the bottle top first. the equipment of this process is simple. In general. then to another position. Because of the special requirements of hot filling PET bottle. The one-step and two-step processes are basically similar. while the production of bottle blanks and plastic-injection. I-2. There are special requirements on the bottle top. However. stretched and blown plastic after being deposited for more than 24 hours. The two-step production process of hot filling PET bottle is: 10 .I-2. I-2. stretching and blowing molding machine. 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. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines.1 Introduction of Cold Filling PET Bottle Molding Technology At present. if PC is taken as the material of bottle top.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. Here the definition of two-step process is different from that of cold filling PET bottle. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. If the material of bottle top and bottle body is PET resin. One-step process is also called thermal forming. The difference is that one-step process is completed by one plastic-injection. The automatization level of this process is low while the energy consumption is high.6. stretching and blowing in the twostep process are completed by two separate machines.
This method is widely used in hot filling PET bottle production at present.PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product. 11 .
95% of beer in China is produced with pasteurization method. I-3. milk and fruit juice industries. I-3. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. equipments. They adopt co-injection and blowing pulling technology. tea and other drinks needing hot filling packaging. At present.4 Multi-layers Technology 12 . processing and PET performance improvement. In order to replace the glass bottles and metal cans packaging in beer. which will be a profit spotlight. They are thermal forming bottle. These requirements become key problems in the development of plastic beer bottle. highly obstructive PET is mainly used in food and beverage packaging industry. such as preventing oxygen from oxygenating the food. PEN has a high heat enduring performance.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. Even minimum oxygen in the packaging container will make the taste of beer changed. for the huge future market potential. they are constructing new factories and plan to carry out large-scale production. as the major function of PET packaging material. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. liquid and other infiltrations. while the lost of CO2 in the beer will have impact on the bubble effect. It can be produced into over 80℃ hot filling bottles. and the packaging requires enduring 6267℃. I-3. preventing water or vapor from damping the products. Meanwhile. preventing CO2 from emanating out. At present. highly obstructive performance is attached more and more attention.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. and are developing 1. Therefore.5L and 2L beer bottles. three categories of heat endurable polyester bottles have been developed. Thermal forming bottle is fit for 85℃ filling requirement. preventing aromatic flavor from emanating out. At present.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. the bottles can endure over 90℃. Therefore. After thermal forming. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. which makes the fresh-keeping period of beer in PET bottles reach 100 days. I-3. They have experimentally produced 350ml and 500ml PET bottles.
At first. which means that the low-cost well-sealed packaging bottles will have a huge market potential. In 1998 Amoco Corporation put Amosorb into commercial production. having permanent oxygen-absorbing function. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. The demand of EVOH increased 13 . Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. BP Corporation. Amosorb is a positive interlayer. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. the two beverage giants in the world. the purchasing managers respectively from Coca Cola and PEPSI. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. commented by Farha and Wallace. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. The other question about multilayer bottles is the recycling question. Coca Cola’s Chinese and Indian market need lower price-packaging bottles because the sales prices in the two markets are lower than other market in the world. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. EVOH can improve the resistance performance of PET bottles over ten times. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). Mr.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. developed Amosorb DFC that is a kind of polyester. Farha commented that the using amount of un-returnable drink bottles will increase. And later BP purchased Amoco Corporation. which was headquartered in Britain. Barnaby Wallace and Mr. Said Farha. EVOH is an efficient material with high gas-resistance performance. Even though the high price and the challengeable recycling job. As transparent polyester. or carry out plasm disposal (ACTIS technology). In China about 70% of products from Coca Cola are distributed by distributors. Mr. Switzerland. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. used as oxygen absorbing agent in packaging industry. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. and is estimated as another method to improve the sealed performance of polyester. EVOH and MXD6 and PEN.Three-layer or five-layer bottles can be produced. Thus these beverage products need well-sealed packaging. I-3. Amosorb is used in the more profitable multilayer bottles.
81 million MTs).PET Bottles In Oct. and the market size of EVOH and MXD6 was about four hundred million pounds (180. So PEN have good performances of gas obstructive. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. I-3. The above two methods have disadvantages of low transparency. 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.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material.000MTs). England. resistance property of which is 14 . Since 2002 the demand of EVOH in Europe has increased with 15% rate. it can be disinfected with alkali and recycled. In the United States the total market value of PET for bottles was about 4 billion pounds (1. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. Chinese beer industry generally adopts pasteurization method after filling. Nippon Gohsei constructed a 15. UV obstructive (UV of wavelength under 383nm can be obstructed). In the United States and Western Europe. 2004.rapidly along with the rapid demand of PET bottles. heat resistable (Tg＝112～ 123℃). Although its gas-resistance property is improved. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. chemicals resistable. Hull. there are naphthalene nucleuses instead of benzene rings. Miami and other five cities.7 Nanometer. lower gas absorption. whose sales number of the bottles added up to 300 million. which meet the requirement of three to six months of retention period of beer. I-3. On the molecular side chain of PEN. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit. It is reported that the resistance property of NPET is stronger than ordinary PET. complex technology and special requirements on equipment.000MTs/year.000MTs/year EVOH manufactory in Saltend. They have produced semi-transparent beer bottle sample. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. Meanwhile. the gas-resistance property and heat endurance of bottles have been improved. The difference between PEN & PET is only on the molecular side chain. which reduces the cost. difficult to be recycled. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. it is only adapted to asepsis filling due to its low heat endurance.
Glaskin TM technology aims at highresistance packaging applied in beer. Glaskin TM is a patent technology of Tetra Pak. Glaskin TM and Sealica TM. Tetra Pak China Co. Meanwhile. and its coating rate is as high as 6. Compared with ordinary PET bottle. this kind of products has already met the technologic condition of large-scale production. while the production cost is lower than that of glass bottle. injecting a layer of high-resistant polymer on the PET bottle top blank. It achieves the same effect as glass bottle does.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. Sealica TM technology adopts repeating injection technology. This new technology can produce 0. the fresh-keeping period is prolonged over 6 months. which offers excellent gas-resistance and fragrance-keeping property to products. Therefore. 2005. Its process adopts coating the internal of PET bottle a monox layer. I-3. for beer and juice market. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments.000 bottles an hour.9 Glaskin TM from Tetra Pak China In Apr. put out its newly developed two technologies..000-18. Because the layer is coated in internal surface of the bottle. the transportation weight of each Glaskin TM bottle reduces 320g. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. Ltd. Through improving PET’s heat endurance and gas-resistance properties. thus less pollutant is produced during transportation. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET. With stable and reliable performances. every product packaged in the bottle can achieve the longest storage life. 15 . the heat endurance property has been improved.2-2L consistent high resistance PET bottles. A Glaskin TM bottle including label and faucet only weighs 34g. The future of NPET is favorable.said 3-4 times higher than PET bottle. The thin monox layer can be recycled by current PET recycling equipment. I-3. it will not be damaged in the process of transportation and deposit.
Its specifications mainly include chip for carbonated drink bottle. Fibre-grade PET chip is used to produce polyester filament and staple fibre. PET chip can be divided into three types: fibre-grade PET chip. Generally. bottlegrade chip and film-grade PET chip. Its specifications include semi-dull chip. Film-grade PET chip is used to produce film. widely used polyester with the biggest production volume. include capacitance film. Bottle-grade PET chip is used to produce bottles. bright chip. super bright chip and cation chip. magnetic-film. insulated film and so on. 16 . chip for water bottle.I-4 Product Types of PET PET chips are the earliest developed. chip for edible oil bottle and chip for hot filling drink bottle.
I-5 Comparison of Chinese and Foreign Technologies Before 1990s. the usage volume of stibiumcategory catalysts accounts for 90%. aluminum. neither in foreign countries. Italy. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. The comparison of Chinese and foreign technologies is narrated from following aspects. There are few DMT facilities in China. Chinese producers usually adopt comparatively low temperature and pressure.5 hours for foreign producers. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. Japan. German. there are few such breakthroughs in China. At present. Catalyst Amongst most catalysts used by PET production facilities. 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. silicon. it’s about 10 hours for Chinese producers while 3. while there is a big difference on the conditions of esterification process in China and abroad. Facility Almost all major PET producers in China adopt PTA facility to produce PET. Process The conditions of polycondensation process in China and abroad are basically similar to each other. Britain and the United States are the main technology sources. This is similar to overseas PET producers. In general. With respect to the total reaction time. However. there is a gap between Chinese technology and foreign advanced technology at present. France. and the step of technologic innovation falls behind at the same time. zirconium and natrium and their mixture. Product Quality 17 . the technology applied by Chinese PET producers was introduced from foreign countries. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. Currently. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. Some companies aboard have already started to develop the catalyst system using lanthanon.
Generally. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. processing performance as well as the content of aldehyde. German BASF Company. Technologic Bottleneck Currently. heavy metal and ash. slow crystallization speed and weak stabilization of size. including weak intensity of melt. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. there is few difference between Chinese and oversea PET products in terms of environmental protection. as well as certain pressure-endurance. 18 . The PET engineering plastic products of American GE Company. there are still three major restriction factors in PET production which Chinese PET technology cannot solve. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties.
products produced in China are distributed in local regions. etc. it will become the largest PTA project. more and more foreign companies. and it will be put into production in Sep. power.6 million MTs. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. including labor.. 19 . will set up a joint venture. which have great influence on PET production in the world. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products.the fourth generation Mitsubishi PTA technology. The total investment of its first-phase project is USD314 million. Ltd will hold the remaining 75% stake. Therefore. After three phases projects completed. Daxie Mitsubishi PTA project will build 600. 2005 in Daxie Island of Zhejiang Province. named TSF. Mitsubishi Daxie Mitsubishi PTA project.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. the largest single production scale in the world.000MTs/year PTA production line. and its annual production capacity will reach 2. SKC South Korean SKC Company. the fourth largest PET film producer in the world. The total investment of the whole project is about USD1 billion. and the cost of production in China is low. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. After being put into production. which is a Sino-Japanese joint venture project started construction in Jun. come to China and set up factories jointly with Chinese large chemical fibre enterprises. water.14 million. Ltd. 2006. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-.000MTs/year PET facility in Zhangjiagang. and corresponding 50. In addition.000MTs/year PTA facility put into production. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. TSF will produce polyester film for capacitor. SKC is a sub-company of SK Group in Korea. will have a 900.000MT-grade liquid chemical dock.. TSF will achieve sales revenue of USD17. who will offer the raw materials of film-grade chip to TSF. producing and marketing PET film in China in 2006.
000MTs/year.000MTs/year in 2004. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co.. Jiangsu Province.. film-grade PET chips. FET Shanghai is a sub-company of FET. Shanghai Worldbest Co. CWRC also invested Euro 65 million into a 165. Ltd. a wholly subsidiary of Korea Kohap Group in China. plans to set up a second PTA facility in Ningbo. Ltd. Taiwan Formosa Chemicals & Fibre Corp. Its production capacity is 220. invested a 600. Ltd.. Ltd. (FET) is an important polyester producer in Taiwan..000MTs/year polyester filament. Changzhou Andenie mainly engages in producing and marketing bottle-grade. CWRC’s PET chip capacity is 270.000MTs/year polyester filament capacity to 130. FET Far Eastern Textile Ltd.000MTs/year. (CWRC). Ltd. Ltd.000MTs/year polyester staple fibre and 290.000MTs/year polyester staple fibre facility in Sichuan Province. Taiwan Formosa Chemicals & Fibre Corp. with total production capacity of 220. which will be put into production in the third quarter of 2006. it has 50. Huvis Huvis plans to build a 220. which makes its total PET production capacity reach 450.000MTs/year PTA project in Ningbo. It is put into production at the end of 2004. planned to increase its 30. announced to enlarge its production capacity of bottle-grade PET.000MTs/year in 2004. jointly set up by Italian Radici Group. Taiwan Nanya Plastics Corp.. In addition. Zhejiang Province. and Hong Kong Qiule Development Co. but the schedule has not been fixed yet. FET has two production lines of PET. 20 .000MTs/year PET production line project. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. Formosa Chemicals & Fibre Corp.. Nanya Plastics Corp. plans to build a 350MTs/year polyester project in Kunshan. Italian Radici Group Changzhou Worldbest Radici Co. the largest non-fibre PET chip producer in China. With total investment of USD114 million.000MTs/year..- Qingdao Kohap Polyester Qingdao Kohap Polyester Co..
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,
multilayer compound technology is the mainstream of PET obstructive packaging technology. PTA and PET. It is likely to reduce the import price for PX.7 PET Price Price is a very important factor that influences the sales of PET. Chinese government lowed down the import tax for products of polyester chain including PX. South Korea.500/MT to RMB14. according to the commitment of China’s entry into WTO. China needs to import PET products from foreign countries. During the past two years. These technologies have many unfavorable factors.5% to 6. it’s estimated that the production quantity of this kind of products will increase at a high speed. Most imported PET is from Taiwan. In China.31%. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future. the tax rate of PTA was reduced 0. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. the PET price has increased from RMB8. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products. Japan. and the United States. which makes domestic manufacturers feel pressed. II-2. raw material supply and sufficient investment. China is a attractive market for foreign PET producers.5 Customs Tariff In 2005. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. PTA and PET by USD5~10/MT. Therefore. 100/MT in 2005. The cost of beverage packaging material PET accounts for half of the product cost. 000MTs/year.7% and 2%. infiltration-resistance and radiation-resistance is still a blank in China. Taking beverage industry for example. Because the raw materials for PET production in China mainly depends on import.growing 19. these unfavorable factors have limited the wide application of PET in China. 710/MT in 2003 to RMB13. and some PET giants have already set up companies in China.5%. large investment in equipments. high production cost and environmental pollution caused by recycling difficulties. Meanwhile. On the basis of the tax rate in 2004.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. foreign competitors have the advantages in terms of technology. and that of PET and PX was cut down 1% to 9. complicated processing control. II-2. Therefore. while China only imports a small quantity of PET. II-2. The price of edible PET materials once roared from RMB 7. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. such as strict requirements on plastic processing machines. It is estimated that this volume will keep double-digit growth in next few years. which directly stimulated the price of beverage 23 .
In addition.product to increase sharply. 24 . 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.
there are some difficulties of PET production. or the improvement degree is not enough.3 Capital Shortage 25 . the gas-resistance performance is a technical problem remaining unsolved at present. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry.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. It directly increases the production cost of PET.12 million MTs respectively. or the performance-improved PET materials bring difficulties for the recycling of bottles. However. mainly including technical difficulty.II-3 PET Production Difficulties In China. while as of now none of them was really accepted by PET users. especially the PET bottle manufacturers of beverage and beer industries in China. while the output of PTA and EG will be 3. shortage of raw material as well as capital problem.74 million MTs and 1. II-3. Chinese manufactures have to import raw materials from abroad. Therefore. Although there are some new or ongoing projects of PTA and EG. Therefore.5 million MTs and 3. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. the shortage of raw materials will still be a serious problem in Chinese PET production.15 million MTs. and the production capacity of these two materials will increase a lot in recent years.1 Technical Difficulty Technology is a key factor influencing production. beer and wine industry. domestic supply of raw materials is far to reach the demand. China’s total demand of PTA and EG in PET production will be 11. II-3. Technology for PET production is still in the process of research and development. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. In 2005. II-3. it still cannot supply enough PTA and EG for PET production. Advanced technology can improve production output and reduce production cost.
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. 26 .PET is a capital-intensive and technologic intensive product.
Chinese government attaches importance to environmental production. Chinese PET products are inadequate. China is also one of the biggest manufacturing bases of electronic products in the world. mainly depending on polyester fibre with low value-added in domestic and oversea market. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. far lower than the 35% average level in the world. - - 27 . Aiming at Chinese chemical fibre market. Current Chinese polyester industrial chain is serious unbalanced. China has the biggest beverage. Especially after the textile quota was nullified in 2005. beer and food production industry in the world. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. much more fibre-grade PET will be used to produce polyester filament and staple fibre. there is a large distance and many problems in Chinese PET production. Polyester fibre products account for about 90%. The upstream and downstream products are out of joint. - - - - - - II-4. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market.II-4 Competitiveness of Chinese Production and Supply II-4. while non-fibre products only account for 10%. The demand of domestic chemical fibre has not obtained great breakthrough. The United States and European Union set many handicaps to Chinese chemical fibre export. The contradiction of product structure is serious. especially the environmental protection will be the next barrier to China. which consumes a large volume of fibre grade PET products.2 Prospect and Opportunities China has the biggest textile industry in the world. Thus thin film grade PET consumption will keep incredible growth rate in the world.1 Distance and Problems Compared to PET production in foreign countries.
28 .- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business.
hitting a historic record and increasing 72. the production capacity of PX is predicted to increase 1. while the production capacity of PX was 2. The capacity construction lags far behind the growth of the demand. By 2006.5 million MTs/year.4-6.1. II-5.12 million MTs/year which demanded 2. At present. According to custom statistics. the production capacity and output of PX increase continuously.1 PX PX is a principal material of PTA. as Chinese polyester industry grows rapidly. Since 1990s.II-5 Raw Material Supply Situation At present. Up to the end of 2005. most PX in China is used to produce PTA. the supply gap of PX in China will be up to 1.50 million MTs. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. It is predicted that the gap between PX demand and output will widen further. In 2003. During 2002-2003.1% compared to 2000.000MTs. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. the global PX consumption is mainly concentrated in PTA field.21 million MTs to 3. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007.6 million MTs. with the consumption volume accounting for about 85% of total PX consumption. China imported.74 million MTs. 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. thus it is an indirect raw material of PET. the production capacity of PTA in China reached 4.1 Demand & Supply Situation Because of steady growth of demand. On that occasion.8 million MTs.1 million MTs in China. due to large demand gap. In China. China needs to import large quantity of PX from abroad every year. 29 . II-5. 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. The supply of PX produces much influence on PET production. However. while the increment of PX was only 450.36 million. China is the largest import country of raw materials for PET production in the world. the new capacity increment of PTA was bout 1.
- Many new PET facilities were put into production in the past years. thus the PX supply situation becomes more tensional. 2004. It shows that domestic price of PX was relatively stable since Jan. RIL’s total capacity of PX is 1. - Even in sometime.35 million MTs/year. The reasons for the price increment lie in that on the one hand.1. on the other hand. Many PX facilities. II-5. regardless to the claims form downstream buyers. 2004. 30 . Indian Reliance Industries Limited (RIL). 2005 for about 40 days. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. the price of international crude oil keeps on increasing. huge PTA demand caused the PTA shortage problem. and no new PX installations were put into production. while the import price of PX kept rising during this period.2 Pricing of PX The following table describes the price information since Jan. are under checking and fixing. especially facilities in South Korea. which will probably result in regional tense supply. a PX giant in the world. announced to stop its PX facilities in Jamnagar in Oct.
6 million MTs.1 Supply of PTA in China In 2004.630 9. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1. the output of PTA in China was 3. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.500 9.300 9.750 9. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.700 9.625 9.2 PTA II-5.5 million.720 9. RMB/MT 9.650 9. Therefore.350 9.536 9.830 9.000 980 II-5. China needed to import large quantity of PX from abroad.820 9. 31 .1.750 7.600 9.500 9. while the consumption of PX by PET was 10.Table II-5.800 9.800 9.500 9.640 9.2. CIF MCP. 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.2-1 Pricing of PX since Jan.500 Import Price.450 9.
Xinjiang Jinan. Hangzhou. Henan Zhuhai. Ltd. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year.000 350..000 350.000 500. 6 Mitsubish Chemical (Ningbo) Co. Shandong II-5. 12 Sinopec Tianjin Petrochemical Co. The following table shows the consumption volume in PET production in China and its growth rate in past ten years. As the raw materials for PET production. Total Ningbo. Ltd.000. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. MTs/year 1. Chinese PTA market will keep on increasing.000 350..000 1 Sinopec Yangtze Petrochemical Co.000 450.000 500. Guangdong Urumchi. Ltd. The consumption of PTA in China’s market has accounted for 30% of the global consumption. 4 Zhejiang Hualian Sunshine Petrochemical Co....850..000 75. 11 Sinopec Shanghai Petrochemical Co. 13 Sinopec Luoyang Petrochemical Co. 32 . Ltd. Liaoning Yizheng. 7 Far Eastern Industrial (Shanghai) Co. PTA has maintained a stable consumption rate during the past ten years. Ltd. Ltd.. 14 BP Amoco Zhuhai Chemical Co. 10 Shaoxing Zhanwang Group Co. Ltd.000 530. Jiangsu Liaoyang.2. Ltd. Ltd.. Ltd.000 980.. 15 Petro China Urumchi Petrochemical Co.000 400.. Zhejiang Shanghai Shanghai Xiamen. 8 Mitsui Chemical (Shanghai) Co.000 75.. Zhejiang 5 Ningpo Dupont Co. 9 Xiamen Xianglu Group Co. Manufacturers Location Nanjing. Zhejiang Shanghai Tianjin Luoyang.2. Ltd.Table II-5. PTA import.0000 530.000 60. but about 60% of domestic PTA demand depends on importing from other countries. Fujian Shaoxing. Jiangsu Capacity. 2 Petro China Liaoyang Petrochemical Co.000 450. Ltd. Ltd. 16 Jinan Chemical Fibre Group Co. Zhejiang Ningbo. Ltd..2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China.000 3.1-1 Major Chinese PTA manufacturers No... Ltd.000 900. 3 Sinopec Yizheng Chemical Fibre Co. Ltd...
167 7.120.000 4. Table II-5.000 10.850 8.100 8. 2005 in China.95% 9.110.300 8.2.69% 9.260 Import Price.000 8.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.000 7.2-2 PTA Price during Jan.900.860. 2004 to Sep.000 8.795 8.150 9.29% 13.000 5.000 9.000 9.20% 9.830 8.000 5. and average import price was USD890/MT. 700/MT.24% 10.99% 9.200 8.966.960 8.040 8.000 6.730 8.740 8.560 8.Table II-5.300 9.020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 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.900 8.536.200 9. MTs 4.775 9.424.2. 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.25% 8. 2004 to Sep.030 970 965 1.515. 33 . USD/MT 1.000 11.405. RMB/MT 8.15% Growth rate The following table shows the price information of PTA during Jan.750 8.653.90% 9. The average domestic price stood at about RMB8.525 8. 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.
530.763 740.572.900 23.400 749.083 1.400 230.000 Production 550.700 2.100 2.537 228.013.038 882.900 707.224 560.500 883.900 1.500 906.597.517 317.639.000 Volume 205.200 100 200 2.462.700 1.700 1.156 3.900 3.145.300 308.482 660.163 1.050.400 35.Table II-5.094 Import Export Apparent Consumption by PET Consumption by other 35 .906 Production 106.600 5.966 2.000 2.200 566.3.127 2.300 1.600 1.402.500 807.410.173 489.100 1.000 3.957.516.587.100 2.600 1.049.901.700 843.062 170.000 23.019.800 907.100 558.000 Consumption 656.300 31.676 2.844 581.418 127.005.052.100 969.300 3.000 Volume 4.600 199.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.737 143.182.900 788.034 389.
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. Table II-5.800 10.870 9.100 890 775 800 855 880 945 36 .2-2 EG Price during Jan. 2004 to Sep.300 9.850 11.890 10.085 1.110 1.960 9. 2004 to Sep.600 10.065 1.030 970 1.070 1.960 9.750 9.200 10. USD/MT 1.900 10.790 10.060 950 985 995 1. 2005 in China. RMB/MT 9.500 10. CIF MCP.960 10.500 9.860 9.300 9.020 980 990 1.050 1.200 9.500 Import Price.980 9.930 9.The following table shows the price information of EG during Jan.3.
With the rapid development of China’s economy. the growth rate of packaging resin grade. During the past ten years. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. In China.6%. At present. China has gradually become the biggest market for bottle grade and packaging resin grade PET. especially in China. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. 37 . PET bottles’ wide application will continue to drive the development of PET consumption. the average growth rate of output volume speed is 104%. tea drinks and sports drinks are made of PET materials. PET manufacturers and users are optimistic to the future PET consumption market. purified water. or bottle grade PET is the fastest. PET growth rate has maintained a high level for over ten years. Terylene fibre industry approached the edge of deficient. the output of PET in China can basically meet the domestic demand. In China. far higher than the global average growth rate. and China only imports a few of PET from aboard. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. PET capacity in China had expanded 15 times. PET recycling becomes the big problem since the production and consumption volume of PET has become very big. which is six times to the average speed in the world. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. 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. from 1995 to 2004. thus the production volume of PET in China has also increased at a rapid speed. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. which in Asia.II-6 Historic PET Market Development PET industry was started in China in 1987. The average growth rate is 36. PET has become one of the most important petrochemical products in China. Before 2004. the output and apparent consumption volume of PET in China grew at a double-digit rate. The global PET development speed is dropping. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China.
425.404. Value. 39076019 and 39076090.600 167.238 265. 39076019: Other PET chips. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.279.124 Price. 39076011.579 Average Unit Volume Value. Comparing the import in 2003 and 2004. the value went up 48% and the unit price rose 9%. USD MTs 2000 2001 2002 2003 2004 506. 39076019.179 318. The following table lists the import and export information of PET in China in terms of volume.669 169. USD Price.589.500 230.339 351.418.600 68144800 191.671.400 6.195 630 657 718 3.151.297 2.396 342.967 123.377.300 147. Explanation: HS Code 39076011.131 477. 39076090: Other primary PET.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes.864 223. 39076090 39076011: High viscosity PET chips.1 PET Import Information in China The import volume and value of PET products in China increased year by year.262.835 183. USD 855 795 717 856 1083 Export Average Unit II-7. value as well as unit price from 2000 to 2004. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume. 38 . the import volume increased 36%. USD 628 1.028 8057 95072.
339 16.261 5.993.245 28.270.111 18.467 5.466 15.910 13.532.143.509 626 1.944 9.350 19.683 Value.668 1.396 39 .406.121 15.997.508 1.591 28.946 17.676.779 8.842.547 5.845.986 33.504 18.878 Total 22.471 6.728 1.1 Import volume and value in 2003 Volume.053.488.162 20.457.860 26.297.846 21.532 15.082 17.985 93.131 20.431.860 17.709 6.603 7.276 12.544 13.865 1.009 19.043.366.581 13.748.314 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 1.344 2.988 5.458.954 14.868 5.362.958.164 152.008.175 2.360 18.266 15.678.115 2.350 6.333 2.956.072 9.814.961.104.198 19.849 20.481 1.267 7.993 9.671.976.766.037 13.720 1.234 39076090 6.716 1.884 8.724 37.634 667.577 39076019 39076090 22.359.755 10.661. USD 179.950 20.141.589.Table II-7.770.253 12.444 8.299 4.235.165 25.723 6.443 11.877 18.973 25.773.954.729 116.778.264.445 2.451 11.016.834.859.751 4.361 Total 37.202.293.327 13.898 31.302 1.571 39076019 14.873 14.1.338.661.682 230.248 2.005 1.882 7.830 1.869 1.500.701.906 40.291 17.320 7.356 22.736.165 1.942 6.535 39076011 1.037 10.227 351.570.457.440 2.294 8.796 27.
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
057.875 2.046.541 169. 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 15.087 746.395.115 1.292.442 810.332 41.485 20.513 6.056.376 23.556.110 3.860 35.445.988 2.464 4.389 2.254 5.543 39076019 39076090 831 1.880.208 2.272.930 12.268 2.935 2.905 7.413.331 10.584 153 51 817 1.335 4.053.823 2.692 Total 18.246 114.218 198.342 8.786.233 4.971.294 2.235 10. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.239. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.030 9.617 10.104 736 2.126.055 759.3 Import Origins According to import records in recent years.395 5.598.377 8.949.073 9.463.612 39076019 39076090 Total 16.008 1.140.297 39076011 13.523 3.575 1.928 7.201.060. USD 10.315.221.018 694.572 183.3-1 Import origins in 2003 under HS Code 39076011 No.565.655 Value.769 11.394 2.063 3.415.767.205 9.418.176.638 2.635.412 7.856 7.000.390.590 II-7.579 748.035 28.989 41 .125 14.483 2.248.719.561 283.706 Value.490 52.968.910 33.313 5.883 1.287.888 20.042 6.285.430.661 124. Japan.525 814 1.503.484 186 19.003 9.236 157 209 117 21 9.171 2.851 4. Korea Rep and United States are the major import origins of PET for China.083 2.335 136.248 10.131.996.011 8.695 41.505 2.352 345.377 9.731 1.676 37.152. USD 657.593.571 3. MTs 10.568 788 847 1.589 3.120 2.524 1.2 Export volume and value of PET in 2004 Volume. Taiwan.508 4.Table II-7.864 7.114 8.407 2.646.812 19.922 9.761 1.923 64.2.938 17.201 32.971 285.530.504 205.259 2.982.429.843 12. Table II-7.
220 531.778.3-2 Import origins in 2003 under HS Code 39076019 No.985 42 .821 17. MTs 93.198.Table II-7.054 58. 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.770.776 5.434 43.490 1.084 511.729 1.410 85.519 1.043 1.187 29.193 2.235.284 152. USD 64.535 107.954 116.774 9.212.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.099 127.019 984.254 23.582 9.112 896 740 739 288 249 214 178 145 114 100 234 152.228.245 413.019 171.981 58.263 548.327 Value.341.334 1.
995 1.Table II-7.954 5.537.902 24.059 1.983 1.041 80.423 516.647 5.892 Value.979 779.896 784.679.347 22.473 1.148 21.863 2.488 1. 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.309 43 .725 625.085 2.280 838. USD 17.087.711 624.193 1.449.622.987 6.064 12.397 6.3-3 Import origins in 2003 under HS Code 39076090 No.128 2.511.587.673 1.209 8.504 2.034 5.255 2.980 1.081 160.948.641 314.496 4. MTs 29.959 2.565.980 615.996 1.369.496 6.317.016 895.817 732.318 17.849.016 2.587 4.
539 1.063 38.392.680 1.742 1.356 216.654.195 2.189 455.294 649 533 338 263 169 146 134 129 432 164.341. 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.988.187. USD 9.948. MTs 94.731.963 5.745 Table II-7.506 334.391 33. 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.376 Value.710 220.3-5 Import origins in 2004 under HS Code 39076019 No.139 197.751 348.565 62.809 163.669 11.573.606 758. MTs 8.148 8.495 12.463 Value.068 7.509 90.3-4 Import origins in 2004 under HS Code 39076011 No.466.532.726 346.123 4.224 1.731.871 24.926 16.385 44 .788 36.Table II-7.230 90.380 580.536 74.306 692 282 203 200 117 65 56 45 13 14.730 20. USD 91.658 3.483 4.304.375 4.673 893.083 228.
3-6 Import origins in 2004 under HS Code 39076090 No.743 827.694 1.455 4.323 3.126.931.236 1.966 8.067.172 12.859.951.380 507.770 3.565 10.340 2.931 814.011.833 3.111 7.422 7.960 11.361 5.815 1.438 11.585 6. USD 25.853.859 161.882 11.081.632.730.818 4.110 2.781.243 2.290.022 1.787 1.787.041.117.428.046 12.120 2.804 3.264 4.764 5.658 1.955 3.187.191 2.641 1.082 4.594 4.062 3.911.434 3.956 1.720 2.242.140 4.931 45 .922 2.209 10.688 4.788 792.154 2.109 673.Table II-7.859. 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.268 8.888 1.492.118 297.056.326 10.048.420 12.822 684.949 22.550 1.757 5.355 29. MTs 39.467.228 1.709.860.302 17.261.214 Value.334 18.209 2.788.490.089 1.138 28.942 2.380 15.371 3.
360. Turkey.996 662.000 941.029.000 300. the top export destination of PET for China are Italy.445 645.239 46 .250 580. MTs 49.691.000 352.501 2.000 3.074.4-1 Export volume and value in 2003 under HS Code 39076011 No. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004. 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.361 1.000 2.000 990.650 160.500 12.636 2.II-7.000 1.4 Export Destinations According to the export records in recent years. Kazakstan. Poland and Germany.000 862.696.754 3.794 11.145.000 841.409 14.362.140.000 1.024. USD 60.432.965.208.920 6.518.000 230.855 4.000 294.000 1.618 Value.000 598.983 12.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.990 1.469 120.668 1.700 3.758 1.000 287.750 2.150 4. Belgium. Table II-7.
525 1.540 7. USD 31. 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.208.655.246.982 2.451 1.000 689.000.745 9.044 2.000 120.896 156.141 Value.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.Table II-7.000 504.903 2.825.100 145.111 11.462.554 300.000 3.269 145.714.000 3.000 294.000 1.143 70.900 1.200 1.4-2 Export volume and value in 2003 under HS Code 39076019 No. MTs 26.232.000 8.698 47 .000 210.000 3.000 4126.96.36.199.000 171.000 345.
050 1.210 864 380 289 228 199 194 189 186 152 126 315 30.040 237. USD 4.000 2.000 400.000 125.600 1.290 3.010 3.119.000 93.591 2. MTs 3.000 3.568.276 48 .494 1.000 823.300.000 3.000 1.120 240.000 4.540 261. 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.740.601 2.306 31.000 60.270 240.854 2.Table II-7.886.000.000 200.605 3.007 Value.625 3.460.540.558 2.957.4-3 Export volume and value in 2003 under HS Code 39076090 No.734 1.372.613 2.050 109.040.
257 1.423 1.219 6.644 49 .775 5.799 7.4-4 Export volume and value in 2004 under HS Code 39076011 No.493 2.203.055.033.486 2.512 1.666 5.878.101 1.Table II-7.794 3.622.110 3. USD 15.254 5.935.911 3.370 9.518 1.776 1.015 79.570 2.544.130.592.626 4.661.437 2.103.144 3.169 1.780 1.884.736.408.940.189 1.008 1.436 3.571 3.008 1.642 1.188 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) 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.000 5.601 7.814 1.725.575 1.272 1.381.418 2.795.738.045 2. MTs 13.550.289 3.014 1.370.788 Value.219.859 8.101 4.305.407 6.788 89.
533 2.737.347 1.262 2.097.815.505 740.098 500.414 2.281 2. MTs 9.861.535 536.516 764.467 614.724 1.265 2.457 2.272 743.284 445.074 920.580 1.780 2.081 3.607 35.188 575.377 50 .163 568.316 464.049.038 4.385 1.4-5 Export volume and value in 2004 under HS Code 39076019 No.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.581 893. 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.028 1.618. USD 10.320.719.200.Table II-7.293 450.063 Value.804.065 37.086 1.
187 1.454 94.4-6 Export volume and value in 2004 under HS Code 39076090 No.808.692 Value. MTs 3.909 319.096.Table II-7.590 51 . 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.663 169. USD 2.330.467 455 373 210 210 99 75 60 169 9.285.117 179.700 2.799 9.198 338.342 123.060 1.276 1.679.299 3.162 146.
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. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No.5% and 9. Toray Saehan Inc. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. 6. which can reduce the import price for PX. 52 . 2.1 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. PET to 2%. 3. 2003 to Feb. Hankook Synthetic Inc. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. including high viscosity PET chips and other PET chips. 2008.7%. KP Chemical Corporation Huvis Corporation Saehan Industries Inc. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. PTA. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table. PTA and PET by USD5~10/MT. Table II-8. It is a favorable factor for Chinese PET producers as the production cost.2 Tariff Adjustment in 2005 In 2005. Chinese government lowed down the import tax for PX. II-8. Ltd.
edible oil and can food in past years and the forecast till 2015. as the industry develops fast. Chinese textile products took 17% of the global market.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. By 2010. Bottle-grade PET chips are used to produce bottles for drinks. In 2002. 53 . The development of downstream products guarantees PET consumption and drives PET industry to develop forward. The packaging of food and beverage industry is another major use sector of PET.1 Textile Industry Currently. beer industry. respectively. II-9. the growth rate will slide down gradually. But the development of chemical fibre industry will still be a driving force for PET industry. polyester accounts for more than 80%. In past years more than 83% of the total volume of PET was consumed by polyester industry. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. During 2010 to 2020. However. the average growth rates will stand at 4% and 3%. edible oil and can food. chemical fibre accounts for about 65% of all materials in textile industry in China. while in chemical fibre market. textile industry is a big driving force for PET industry.2 Packaging Industry PET can be used as packaging in food and beverage industry. II-9. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. In future three or four years. Polyester is a major downstream product of PET. At present. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. beer. and fall below 10% after 2008.
948 -38.07% 1.11% 35.43% 5.271 22.672 19.877.69% 35.345. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.00% 493.43% 4.71% 20.2-1 Consumption and growth rates of four industries Year Consumption Volume.Table II-9. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.434 17.894.65% 35.71% 17.475 17.136.630.299 43.71% 25.75% 57.22% 386.618.065 43.484.07% 25.552.234 30.07% 1.07% 2.00% 2004 138.15% 20. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.42% 2.797 17.224.911 46.00% 2. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.00% 1.981 10.118.684 22.22% 846.43% 2015 529.17% 25.07% 2010 280.016.42% 605.42% 1.79% 17.83% 17.55% 25.600 27.117 -39.73% 57.550 50.12% 57.234 23.69% 20.169 20.43% 2.42% 2005 165.996.60% 35.22% 54 .22% 2.06% 17.747 17.315 4.337 26.105.84% 20.350.180.60% 57.547.
In 2005.670.350.82% 20. which shows that the PET market in China is growing.762 688. the production capacity of PET in China has accounted for 35% of global total capacity.165 2.000 9.191.73% 34.78% 52.783 259.659.000 2.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.128.000 4.556.51% Apparent Growth Rate 55 .950.000 1.000 65.150.605 Output Volume Import Volume Export Volume Consumption 250.000 4.04% 130.435 756.000 5.650 136.12% 43.823 766.000.000 71.660 5.473 870.8%.000.000 1.530.176.000 40.597 169.647.000 98.179 20.89% 35.900 2.000.348 11.000 172.52% 30.000 11.860 351.000 11. Table II-10-1 Historic and current volume of PET.460.000 2.000 562.000 420.574 100.959.648.841.500.000 120.000.05% 60.180 4.373 139.000 14.000 8.163 55.860 191.395 3.500.000 1.131 377.000 500.000 5.000 3.020.000 15.000 1.500. The following table records the historic and current volume of PET in China.000 8.000. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.000 825.000 390.500.
Bottle grade PET is mainly 56 .000 710.000. With respect to the production capacity.300 29.200 32.700 772. Table II-11. the current capacity of PET in China has already exceeded about 30% of the demand.993.400 440.600 20.000 26.10% 8.000 Output Volume Import Volume Export Volume Consumption 13.870. while that of PET export will not exceed 28%.500.22% Apparent Annual II-11.000 25.489.200 669.800 569.650. But generally the growth rate in these fields will slide down comparing to the growth rate before.000 32. output.562.000 766.000 17.960 414.159.32% 12.39% 8.800 29.213.000 676.605.100 13.800. the production capacity.07% 21. import and export volume as well as the apparent consumption in China will increase year by year.896.000 311.206.634.800 794. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007. Such forecast is suitable for the apparent consumption of PET in China as well.000 556.000 28.000 27.106. while it will cool down in following years.600 23. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.000 22.063.064.444.000 28.000 857.54% 8.000 29.964.050.231.000 654.000 27.1 Forecast for PET volume to 2015. However.000 523.640 21. the growth rate will slide down to less than 5% since 2008.800 23.606. Especially after 2008.09% 0.280 432. the growth rate of PET import in China in future years till 2015 will be no more than 16%. the situation is similar to the production capacity.400 408. the growth rate of PET output will drop below 10%.246.81% 0.600 324. bottle grade and film grade.640.001. In fact.820 21.000 20.124.000 23.193. It was a booming period for PET from 1996 to 2004.240.300 21.147.667. import and export as well as the apparent consumption of PET from 2005 to 2015.000 672.200. In terms of import and export situation of PET in China.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.000 25.400 Growth Rate 19.000 30.000 31.84% 8.000 802.600 17.210.000 752.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11. fibre grade.30% 11. output.800 15.43% 9.330.600 480.000 27. With respect to the output of PET in China.200 355. The following table is the forecast volume of the production capacity.000 32.1 Forecast of PET in China till 2015 In the coming years till 2015.000 15. Fibre grade PET is used to produce polyester filament and staple fibre.000 25.
410.37% 736.229 17.55% 6.437 17.46% 30.93% 40. fibre grade PET accounted for the most part of all PET products in China.27% 23.03% 14.229.593 5.454 192. Film grade PET is used to produce film.62% 24.530 834.914 3.878 15.468.51% 10.200 18.084 Rate 25.796 16.740.393 21. 98% of PET products were fibre grade. edible oil and so on.020. The following table shows the forecast volume of PET by each specification till 2015.542 32. In 1995.283.687.441 478.370 274.15% 32.65% 11.623. As the packaging industry and film industry in China developed.64% -11.565 17.45% 13.805 27.222.08% 1.389 243.145.53% Sectors 65.consumed in packaging industry to produce bottles for drinks.105 4.2-1 Forecast for PET consumption in each end use sectors to 2015. many PET manufacturers will shift to filmgrade PET production area.158.16% -1.667 626.228.299 4.911. This trend will last to 2015.248.960. the growth rate for bottle-grade PET will be the fastest.381.516 25.710 22. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.47% 19.268 16.29% 6.020. At the beginning. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.881 1.921 857.792 21.850.510. over 15% annually.7% in 2015.86% 1.4% was film grade and the rest 0.654 19.713.98% 42. 1.22% 188.8.131.527.600 20.41% 25. 0.343 3.28% 1.867 981.126.797 19.320 666.5% was bottle grade. It is estimated that fibre grade PET will account for about 70% of the total PET.73% 272.522.546 Rate -13.387.85% 6.41% 13.11% 5.083.1% was used for other products.44% 2.43% 10.875.275.744 429.36% 2. 57 .152 12.800 323.027.36% 12. the proportion of fibre grade declined year by year.75% 14.315.023 II-11. and the consumption proportion will improve from 10.07% 14.498 6. which with reduce the fibre-grade PET production volume.09% 6.351.501.879.15% 0.174 12.20% 1.42% 1. bottle grade will take up about 20% and film grade will account for about 8% in 2015.43% 1.467 Rate 26.79% 32.178.315 243.74% -20.723 14.3 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 2015.853. Among all the consumption sectors.28% 4.38% 7.804. The demand for PET will reach the saturation.715 20.273 18.46% 15.13% 7.769 769.940 23.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.124 12.140 2.514 23.991 21.541.4% in 2004 to 19. Table II-11.587.486 3.415 3.47% 13.131 2.959 29.232.
530.II-11. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co.4. Ltd.4 Forecast for Raw Materials of PET in China II-11.000 600. although all the PTA projects. Shanghai Petrochemicals Co.000 600. Ltd.000 600. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. there will still exist 3 million MTs of PTA shortages in Mainland China. Ltd. Ltd.. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co.000 600.000 700.1-1 Information of PTA projects in China Name Capacity.000 600.. Ltd.000 500. 58 . to cooperate with PX manufacturers to maintain the PX supply chain and PX price. Far East Industrial (Shanghai) Co. Ltd. Ltd.000 600. Mitui Chemicals Zhangjiagang Co. Ltd. Zhejiang Tongkun Group Co. Table II-11.. Tenglong Chemical Co. Ltd. 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. Ltd.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 2010.4. In near future the PTA manufacturers are estimated to make strategies such as joint purchase. Zhuhai Biyang Chemical Co.000 500. PTA supply relates much with PX.000 500..000 200.000 600..000 500.000 500...1 Forecast for PTA The demand of PTA in China is expanding. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co. run even to 90% of their capacity. including existing ones and potential ones.. The following table is the forecast of PTA consumption in coming years till 2015.000 600.000 800.. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co.000 600... Ltd. joint investing.000 900.000 600.
000 12. The situation of oversupply will appear.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production. MTs 11.Table II-11. and in China’s market it will be over RMB12.500. import. 59 . The domestic production capacity cannot meet the increasing demand.97% II-11. Asia especially China will be the most important EG consumer in the future years. and mass import will be necessary.21% 6.35% 4.000 17. 200/MT.000 14.31% 7.840.000 22.000 16.52% 12.8 million MTs/year and 14. The following table is the forecast of EG in future years till 2015 in terms of its output.630. the competition will be very intense. The international price for EG will be over USD1.480.540.000 13.5 million MTs/year and 16.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15.02% 7. export.000 20.30% 5.4. 500~1.24% 6.000 15.960.270. And more foreign EG products will flow into Chinese market.16 million MTs/year in 2007.000 18. consumption by PET production as well as consumption in other fields in China. apparent consumption.4.01% 5.000 Growth Rate 9.440.2 million MTs/year in the world.300/MT in the future months. China will have a strong demand for EG in the future years. And it’s estimated that the two figures will exceed 22.15% 8.010.980.86% 6.000 21.760.
453.940 4.000 3.720.356 728.467.148.000 1.83% 5.340.135.719.158.000 5.834 Other Fields 602.963.600.000 2.400 4.770.599 803.000 184.108.40.2062 833.928.490.419.200 30.750.46% 4.147.321.965.000 2.89% 4.522 3.000.246 3.000 Volume 28.000 3.000 3.21% PET Production 3.944.860 33.846 Import Export Apparent Annual Consumption by Consumption in 60 .000 5.000 30.314.478 642.854 762.318 4.413 3.500 31.707.581.948 912.087 692.39% 3.063.000 2.244.000 3.488 5.750 35.273.128.27% 3.250 6.570 34.999 877.500 4.881.68% 6.4.000 1.587.57% 7. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.000 3.141 4.000 2.630.000 3.444 3.900 31.000 1.961.140 5.801 4.2-1 Forecast of EG in China till 2015.674.541.77% 5.000 1.000 34.430 5.157.000 1.506.499.27% 4.320 Consumption Growth Rate 3.000 Volume 2.482 4.000 1.63% 5.600 32.338.000 3.Table II-11.000 2.100 4.321.578.800 4.680 3.000 32.273.860.000 3.763 992.717.060 952.000 2.
250 11. The following table records the consumption volume of PET in each end use sectors in past ten years. edible oil and others Tape films Engineering plastic 61 .250 11.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.217. the consumption proportion is reducing.456 177.000 478.06% 3.63% 88.526 4.217.904 2.071.59% Growth Resin Growth Grade Rate 250 1.379 225.00% 176.21% 41.649.883 126.69% 62.180.659.12% 199.148 5.11% 57.860 39.58% 201. beer.74% 61.42% Rate 1.45% 48.451 360.00% 42. % 84% 10% 5% 1% Typical End Uses Terylene material.507 2.47% 169.85% 15.00% 113.250 3.00% 266.00% 253.000 3.58% 57.604.94% 46.283 3. 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.18% -44.451 33.675.48% Rate 250. Although chemical fibre is still the biggest user of PET.193.35% Grade 3.668.150 411.883 126.200 124.890 45.43% 1.579 17.788 17.500 22.686.00% 35.633 1.458 4.20% 124.377.365 19.173 1.63% 43.00% 1. Table III-1-1 Consumption of PET in each end use sectors.150.43% 29.943 25.038 500.792.99% 27.335 7.250 1.417 2.822.515 25.709 400. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.783.840 3.736 9.67% 100.46% -1.67% 97.423 63.579 The following table is the end use structure of PET in China in 2004.508 255.319 582.788 17. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245. the total PET consumption expanded over 40 times. industrial fibre Bottles or pails for beverage.670 8.79% 52.85% 92.800 1.332.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.842.094 66.962 95.09% 33.450 7.112 75.423 63.
PET fibre production accounts for about 85% total PET consumption in China every year. especially in daily-use chemical field.III-2 Key Factors Influencing the Mass Consumption of PET III-2. . The worse gas-resistance performance requirement from beverage and beer industries has not been improved. worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well.Easy to make into various shapes and packing specifications. 62 . .Easy to be recycled. Meanwhile. which limits the widely using of PET bottles.1 The Excellent Performance of PET Materials PET materials have many excellent performances. sales. PET fibre accounts for 65%.Soft. some technologic bottlenecks remain unsolved.Light weight. such as the gas-resistance performance. . products produced with PET material are more and more popular for following excellent performances: . . . .Smaller energy consumption.Easy for transport.Lower cost.2 Technical Factors As China has not obtained many technologic breakthroughs.Smaller occupancy of space.Not easy to be broken. . The production.Safer. III-2.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy. Of all the textile raw materials in China. Compared to other materials in packaging industry. . III-2. . export and consumption of textile production will all produce an impact on the consumption of PET in China. not bombing and hurting people.
533 2.405 453.213 41.062 255.251.141 235.321 2.892 2.44% PET Consumption.459 226.234.942.917 111.13% 43.838 1.232.410 2. The following table lists the consumption volume of beverage.III-2. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.602 286.679 10.623 152.591 980.900.691.96% 27.742 523.76% 15.080 76.540.642 167. III-2.72% 59.570 26.622.467.000MTs in 1995 to about 150.861 182.119.82% 24.1-1 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. 63 .79% 21.85% 34.25% 58.618 783.456.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.159 1.81% 86.884.102 2.008.948.163 396.466.320 304.92% 277.707.929 33. MTs Annual Growth Rate III-2.424 48.000 2.062 390. The consumption volume rose from more than 2.587.130.072 1.688 368.000MTs in 2000 and around 1 million MTs in 2005.358.559.4.564 207.96% 17.814.113 81.184.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry.828 140.387.280.503. Table III-2.550 578. edible oil industry.853.14% 23.308.201 4.064.307 19.887 1. can food industry and beer industry.52% -4.17% 3.606 348.59% 48.82% 11.4.857 3.4.241. 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.902.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.30% 39.35% 11.438 11.76% 16.379 119.
80% 18.032 307.745 36.50% 37.140.870.92% 19.249 311.24% 69.852 61.223 750 3. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.275 90.087 22.027.058 9.320.791. Table III-220.127.116.119 46.872 29.4.259 6.231 815.737.111.138 1. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.540 107.562 14.33% 12. The following table lists the consumption volume of edible oil. 64 .659 128.123 350.4.781.937.070 107.414 1.26% 142. MTs Growth Rate III-2.443 916.154 48.313.91% 25.787 64.734.74% 25.051.544.95% 67.61% PET Consumption.179 72.96% 54.641.833.The following table lists the consumption volume of edible oil.874.911 585.77% 24.23% 35.608 615.591 701.916 24.000 685.980 4.302 9.38% 20.946.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.73% 224.936 182.035 66.832 73.44% 41.864 436.546 5.331 39.879.07% -4.773 726. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.091 37.330.004 1.2-1 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 225.84% 3.49% 12.658 248.28% 12.415 81.
255.83% 37.224.544 350.95% 24.722.537 107.3-1 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 4.02% 43.38% 26.921 85.282 50.236 23.796.797 154. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015. The following table lists the consumption volume of beer.575.4.67% 12.771.570 62.052.937 213 792 2.489 95.72% 58.222 4.08% 8.776.666 19.92% 139.333 30.38% 48.474.62% PET Consumption.170 7.068 67.045.189 11.660 285.931.15% 30.286 202.4.37% 26.180.618.203 24.52% 65.040 6.92% 12.760.695 21.660.10% 18.176. PET is well received by beer industry.4 Beer Industry As a packaging resin.914 52.47% 203.618 45.347 146.447 228.062 30. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.096.48% 55. 65 .406 5.761 8.938 11.154 16.88% 22. MTs Growth Rate III-2.744.720.191 9.Table III-2. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.822 104.18% -5.269.476 172.786 26.832 52.000 6.970 5.598 78.06% 3.596.936 179.138 272.108 30.
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.
Table II-2.938 32.208 325.16% 50.95% 80.890 78.86% 37.525 210.86% 3.77% 52.53% 26.776 72.5-1 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.257 142.34% 23.01% 25.358 135. MTs 199 593 2.623 5.99% 13.079 186.16% 7.128 198.009 57.21% 43.350 42.12% 17.69% 12.62% 121.35% 29.797 264.49% 342.06% Growth Rate 67 .070 159.728 17.800 8.90% 26.645 99.4.03% 34.200 165.702 11.42% -5.
97% 84.11% 57.000 4.620.000 11.000 6.800.000 5.000 9.440.736 9.62% 93.930.000 4.20% 124.990.000 6.000 478.43% 29.950.000 7.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.000 10.430.15% 91.000 5. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.507 2.250.792.962 95.000.000 4.09% 33.610.250 1.530.000 2.35% 41.180.00% 17.000 2.59% 83.000 6.686.000 8.822.000 9.377.071.283 3.000 7.44% 86.000 4.000 2.960.250.74% 87.99% 95.330.332.54% 89.000 3.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .000 8.950.470.458 4.920.050. Terylene accounts for 80% market shares of chemical fibre products.91% 245.000 6.783.23% 84.860.580.380.06% 33.604.000 Volume of Terylene Polyester Staple Volume Fibre 1.000 3.170.79% 52.910.000 5.904 2.000 3.200.335 7. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.310.000 2.000 Consumption 97.000 5.700.800 1.300. The following table records the information of terylene production and PET consumption in this industry in past years in China.750.000 3.560.
150 411.74% 61.59% Growth Rate 69 . Packaging materials takes a large proportion in PET film.250 11. insulation materials. tapes and other products.500 22. light-sensitive materials. which can be processed to packaging materials.63% 88. followed by insulation materials and light-sensitive materials.21% 41.85% 92.379 225.456 177. Table III-4-1Historic consumption of film-grade PET in China. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.200 124. The following chart is the consumption structure of PET film in China at present.63% 43.00% 253.12% 199.094 66.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET).000 3.00% 42. 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.508 255.319 582.
000 890.058 9.658 248.036 234.750 17.365 Consumption Consumption for others 199 593 2.438 12.091 37.702 11. teas and sport drinks packaging.250 63.550 588.406 5.623 156.113 45.III-5 Consumption in Packaging Resin PET can also be used to produce bottles. beer as well as other fields.761 8. The following table is the consumption volume of PET in each packaging sectors including beverage.009 57.916 24.623 5.618 793.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.666 19.250 125. edible oil.179 122.216 40.787 64.524 70 .552 348.181 1.776 3.688 370. PET bottles are the most widely used plastic bottles for juice beverage.176 5.938 11.620 8.205.728 17.229 55.938 32.459 232. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.350 42.334 10. purified water.249 Can Food 213 792 2.258 17.800 8.936 182.598 for Beer 189 868 3. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.740 31. Table III-5-1 Consumption of PET in each packaging sectors.540 107.763 85.199 184.570 62. can food.618 45.279 46.751 567.333 30.
just a common blasting drying equipment and the mould temperature is within 70~90℃. motor frame. PET chips can be made into engineering plastic as well. Only a few factories in China try to produce some products to replace import materials. only accounting for about 0. vanes. instruments materials. construction materials and decorating industries. The requirements for processing conditions are also simple. structures & computer shells. relay. chair handles. The production cost is low. brackets. panel. The industrial level of engineering plastic in China is very low. and large-scale industrial production of engineering plastic has not been realized so far. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. fan propeller frame. pump shell. structures on OA equipments. Household electric appliances: coil former in transformers on microwave ovens. Automobile products: carriers. engine covers.5% of total PET consumption volume. and handles. Mechanical products: gear wheels. sensors. print circuit board. electronic and computer materials. inlet retainers. PET engineering plastic is widely applied in automobile. 71 .III-6 Consumption in Other Fields At present. trundles. The comprehensive performance of this kind of engineering plastic is very excellent. Furniture: pedestal. windshield wipers. the overall consumption volume of PET in other fields is not large. household electric appliances. frames. stator and rotor on electromotor. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. electronic socket connector. panels. motor cabinet. pedestal. and switches.
000 180. Ltd. Ltd.. Table III-7-1 Top 11 end users of fibre-grade PET in China No. The following tables list the top end users in each end use section in China.000 280. 1 2 English Name Zhuhai Zhongfu Industrial Co. Shanghai Zijiang Enterprise Co. and DuPont Teijin Films Co.000 400. Ltd. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co.. Capacity for PET Film. Ltd. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co. Ltd.III-7 Summary of Major End Users In China.. Zhejiang Yuandong Chemical Fibre Group Co.000 3. Yizheng Chemical Fibre Co. Zhuhai Zhongfu Industrial Co. Ltd. Capacity. PET is mainly consumed in Zhejiang Province..000 Table III-7-2 The largest two end users of bottle-grade PET in China No.. Zhejiang Tongkun Chemical Fibre Group Co..000 200. is the largest filmgrade PET end user for its 14.000MTs/year production capacity of PET film. Terylene Capacity.... Shantou SOE First Polyester Film Co. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. is the largest bottle-grade PET consumer.. Ltd. Ltd.. 72 . 1 2 3 4 5 6 English Name DuPont Teijin Films Co.000 160.000 260.000 6. Ltd. especially BOPET. The following table shows the consumption structure of PET by areas.000 In China..000 5. is the largest fibre-grade PET end user as it has 781.000 3. Ltd. Ltd. Tianjin Kodak Light Sensitive Material Co. Ltd.000 350. Ltd.000 300. Ltd. Ltd. Ltd.000 6. Xiamen Xianglu Chemical Fibre Co..000 300.. Zhejiang Hengyi Group Co.. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. Jiangsu Province and Guangdong Province. MTs/year 781.. Zhejiang Cifu Group Co.000MTs/year production capacity of terylene.000 150. MTs/year 14.
01% 73 .63% 1.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 28.51% 29.12% 1.96% 2.90% 0.97% 3.75% 12.63% 3.78% 1.32% 3.74% 5.70% 2.95% 10.21% 31.83% Percentage of Total in 2003 33.
000 10.000 13.05% 81.470.000 8.90% 75.000 10.500.230.250.000 6.090.541.000 11.393 21. Staple Fibre.000 15. the demand volume for PET beer bottles in China per year will be over two billion.000 16.15% 0.020.875.437 17.60% 78. But PET supply for polyester staple fibre production relates much to import PET.000 19.950.310.85% 79.000 14.000 17.000 6. 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.25% 70.650. the output volume of polyester will increase with an average annual speed of 4.152 12. Now in China the competition in beer industry is very intense and profit is smaller and smaller.10% 72.200 18.55% 6.030.29% 6.30% 11.600. 74 .250.950.47% 19.000 83.000 9.797 19.950.62% 79.67%.268 16. and the output volume of polyester staple fibre will increase with an average annual speed of 7.530.000 7.11% 5.50% 74.130. and the content for every PET bottle is 500ml.000 8.000 9.060.715 20. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles.000.13% 7.700.000 8.180. So in order to keep the profit margin.000 16.700.000 7.723 14.850.000 12.560.710 22. Therefore.000 5.21%.000 14.000 6.796 16.000 8.178.145. 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. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.804.273 10.38% 82. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.850.51% 10.550.840.083.000 8.410.09% 6.28% Volume.000 19.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.300.250.040.45%. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.16% -1. If 5% of total beer was packed with PET bottles.750.000 9. The fibre grade consumption will increase with an average annual speed of 7.000 4.853.900. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.000 10.000 5.000 18.20% 76. It’s forecasted that from 2005 to 2015.900.030.000 5.587.500.200. The manufacturers especially the middle and small manufacturers can feel this pressure. Chinese market of PET beer bottle has great potential.
including chemical fibre industry. the industries of downstream products. packaging industry and film industry. 75 . will develop in the future years and they will definetely boost the PET industry.As anticipated.
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. IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. 2005. 76 . raw material shortage and other factors. 2003 to Aug.
350 77 .935 8.420 8.520 11.830 8.300 12.815 8.550 10.450 9.510 11.255 11.560 11.350 11.895 7.525 8.455 9.440 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.755 8.350 12.820 11.240 8.310 8.650 8.250 11.530 8.815 8.060 8.955 10.660 12.880 8.735 8.855 9.450 10.880 11.320 9.810 8.515 9.210 8.950 Package resin grade.340 8.520 8.720 8.650 13.550 11.055 9.300 8.760 11.770 12.355 9.560 8.465 8.230 8.660 13.455 8.855 9.865 9.430 10.480 8.335 8.685 10.930 12.255 8. RMB/MT 8.350 10.795 11.995 9.050 11.290 9.620 8. RMB/MT 8.450 11.950 10.125 8.660 8.450 11.560 8.550 11.320 Thin film grade.410 9.960 8.855 8.145 7.835 7.135 8.780 8.690 11.890 11.550 11. RMB/MT 8.720 11.680 9.985 9.380 9.860 11.325 8.825 11.725 9.850 11.285 9.
bottle caps and film labels made from food grade PET material. and the PET price is one of the key factors that decide the profit. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. they have to face the hardship. PET accounts for about 50% of total production cost of beverage products. On the contrary. and the industrial profit might reduce 20% in fiscal year 2004. Chinese beverage manufacturers are very concerned about the price of PET. bottles. Because the draught and bottled purified water are all packed with pails. Therefore. For the big manufacturers. IV-2. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. With the markup of petroleum and chemicals prices.000/MT to the peak of RMB14. the business of domestic packaging service suppliers is very good even though the PET price rose. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. the unit price for PET material in China also went up from RMB7. the factors resulting in price changes mainly include the price of crude oil. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures.IV-2 Factors Resulting in Price Changes In general. demand from downstream industries as well as transportation cost. but for the middle and small manufacturers. The cost of PET bottle. 500~8.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. 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. they can reduce the pressure from cost markup by purchasing PET with big volume. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. In Chinese beverage industry. 500/MT to RMB14. The unit price for PET was 30% higher than that in the same time in 2003. 000/MT. And only these equipments are in 78 . supply of raw materials. only the large-scaled manufacturers installed the bottle-blowing equipments.
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.
793 1. Rexam Der Kwei Industrial (Shanghai) Co..80 0. Ltd. Ltd.356 53.650 33. Dongguan Arts & Crafts Imp.740 320.. Kunshan Litai Fibre Co. Volume.91 2. Ltd.000 20.000 174...50 0.600 31.150.A.155 108.80 1.000 445. kg 2.000 475. Ltd. Ltd. Ltd.000 92. Ltd.375 16.468 600..073 2..73 0..82 1.000 100. Ltd.062 1.000 120.000 78... Ltd. Orient International Holding Shanghai Foreign Trade Co.91 3.000 35. Ltd.80 0..000 2.86 0.. Zhejiang Grand Import And Export Co. Ltd.500 203.489 256. Fuzhou Dong Li Cosmetics Co.218 431.. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No. 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.489..000 23.760.400 41..00 0.96 0. Ace Mold & Industrial (Shenzhen) Co. Shenzhen City Minghui Industry Co.208 114..45 1.78 1.600 275.08 1.. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co. China Liaohua United Foreign Trade Co. Ltd. Ltd Shanghai S.589.000 34.635 200. Ltd.72 0.000 85.000 2.534.849 32...590. Zhuhai Zhongfu Polyester Beer Glass Co.000 920. Liaoning Huiming International Trade Co. by volume and value.800 61. Ningbo Century Huan Yu Imp & Exp Co.53 0.. & Exp. Ltd.650.000 27..141.500 40.200 60.290 146.292 178.200 29.675 68.C Ltd.77 0.992 1. Jm Shanghai Nonwovens Co.000 100.380 407. Co. Shenzhen Baoan Foreign Economic Development Co.000 139.68 3.40 0.000 36. USD Price..82 2. Shanghai Huili Tage Board Co.400 17. Ltd. Ltd.. USD/kg 3. 39076019 and 39076090 in 2003 and 2004.862 Value.000 60.80 1.90 0. Xinhui City Jiaxun Electronic Trade Co. Ltd. Ltd. Ltd. Ltd.953 189.035 89. Ltd.60 1. Honeywell (Kaiping) Industrial Polymers Co.. Taizhou Changshengda Plastics Co. Ltd. Wujiang He Cheng Trade Co. Guangzhou Duolilong Chemical Fibre Co.222 2. Ltd.000 240.777 151. Xiamen Zhongtian Plastic Co.33 0.749 2. Jingyuan (Nantong) Chemical Fiber Product Co. Ltd.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 39076011.037. Ltd.94 2. Ltd.366.922 428... Tengxing Industry Co.91 2. Shanghai Chemical Industry Supply & Sales Co.71 1.000 34.94 0.33 0..940 85.78 0.89 80 .950 32. Shenzhen City Ding Tai Technologies Co. Ltd.400 2. Ltd. Ltd.68 0. Shanghai Heshibi Chemicals Co.400 226.39 6.913 2.000 64.000 17.000 524.340. Of Guangdong Dongguan City Kaiying Trade Co. Chenghai Huaxiang Plastics Co. Beijing Huayuan Asia Pacific Tech Co.322 91..
.883 1.814 2.02 81 . Ltd. Ltd. Ltd.90 0.90 0. Hainan Xingye Polyester Stock Co.419 20.975 9. Shenzhen Longgang Foreign Economic Development Co.820 1.136 29.000 2. Zhuhai Chilk Enterprise Inc Others Total 16. Company Shunde Xicheng Plastic Container Co...400 6.26 1.34 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..675 5..125 3...000 9.85 1.110 10.90 0..000 4..105 500 2.729 1. & Exp.000 40.13 0.97 0.00 0.90 0.605 1.025 10. Ltd. Ltd. Ltd.40 0. Huizhou Xinfeng Packing Industry Co. Ltd.50 2.85 0.35 1.000 1.740 1.254 128 2.795 1.861 13.000 2. Ltd. Fuzhou Jianing Cosmetics Co.50 2. Ltd. Shanghai New Particle Plastic Paint Co.92 1. Shanghai Xinxing Imp & Exp Co.400 20..300 2. Zhangjiagang Bonded Zone Dong Hai Container Co. Ltd. Ningbo Bonded Area Jinming Int'l Trade Co. Ltd. Shanghai Hebi Electronics Electric Appliance Co. Jiangyin Beikaerte Steel Wire Products Co.11 1.550 1.400 7.092 13.45 0. Ltd. Zhuhai Zhongfu Industrial Group Co.760 23.649 19.352 2.86 1.932.774 4..400 6. Ltd. Ltd.812 23.80 1..581 3. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp. Ltd. Ltd. China-Base Ningbo Foreign Trade Co. Ltd.000 12. Xiamen Hong's Enterprise Co. Changzhou Worldbest Radici Co.532.303.700 1.230 20.260 14..000 4.87 0. Yuming Exactitude Industry (Shenzhen) Co.025 11.577. Ltd..92 3.000 6.27 1.000 1. Zhuhai Bonded Zone Nan Guang Logistic Co.
78 0. Ltd.000 1. Ltd.440 807.657 2.000 1.000 13. 14 China Worldbest Group Colt.510 994.403 715..69 0.508.80 0.000 3.139.498..64 0.918.104.22.1686 1.000 918.000 3. Ltd. Ltd.79 0. 12 Beijing Huayuan Asia Pacific Tech Co. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.000 1.55 0. Shanghai Haixin Chemical Fiber Co.000 3.386.65 0.996.81 0.100 1.001 2.78 0. Ltd.644 1.845.664 2. 29 Dupont Hongji Films Foshan Co.052.063. 30 Yuyao Global Trade & Technical Co.361.747 1. 16 Jiangyin Wan Xiang Chemical Fiber Co. Ltd.166.120 435. 17 Xiamen Temao Xiangyu Development Co.855 3. Ltd..200.000 2.004. 32 Ningbo Bonded Area Honghe Store Co.843 727..500.009 811. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co. Ltd.403.73 0. Ltd.368. Co.001 880.142. 28 Shanghai Xinjiyuan Industry Development Co.000 1.000.126.899. 26 Orient International (Holding) Shanghai Silk Imp.78 0. Volume. 24 Xiamen Xiangyu Taiping Commodity Circulation Co.52 0.451 976.879 1.248 804.336 1..267. Shaoxing County Light Weave City Weave Imp & Exp Co.255. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co. Ltd. Ltd.600.. Ltd.513.692 2..152 2.000 3. Ltd.64 0.091 1..70 0.78 0.313.. Ltd. Shanghai Poly Technologies Co.780 730..53 0.547.000 1...042.70 0.000 1.427.775.026.. Ltd. Ltd. Ltd.400 1.72 0. (Nantong) 82 . Ningbo Century Huan Yu Imp & Exp Co.634 546.007.68 0.& Exp. Ltd.945. Ltd.001 967.128. 13 China Zhongfu Enterprise Co.70 0.67 0.648 678..511.000 1.. Fujian Province Qing Long Trade Development Co. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.565.218 0.504.74 0.513. 15 Shanghai Jianfa Industry Co.000 Value.008.69 1.513.000 1.843. Ltd. Ltd.321 1.000 4.198 764.367 6. Ltd.000 1. China Silk Industrial & Trading Corp.77 0. Ltd.131 958. USD Price.68 0.812.000 3.452 2.000 879.075.000 1.032.56 0..093 1.76 0.101 829.000 3. USD/kg 6..79 0. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co. Ltd.64 0.890 602. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.751 1.000 3...286.822. 25 Xiamen Huachen Clothes-Weaving Co....704.000 2.124. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co.000 2.69 0..001 2. Ltd.000 1.57 0.017. Ltd. 31 Shanghai Zhongwei Int'l Trading Co.61 0. 27 Jiangsu Shenlong Business Out-Carving Group Co.84 0. Ltd..26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co. kg 8..692...000 1.697 698. 33 Shanghai Ailisheng (Group) Co.011.510. Ltd.81 0.400 4.79 0.709 1.69 0.738 1.444 3.000 1.188.494.389 2. 34 Zibo Huayang Sanwei Co. 21 Beijing Alison Import & Export Co. Ltd..000 2.000 1.232.116 1.521 1.994. Ltd.326 2.000 2.040.73 0.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.79 0.
.. Ltd.880 48.310 379. 43 Xiamen Yundang Industry And Trade Development Co.Ltd. Ltd.792 171.792 333.392 365.77 0.80 0.411 168.60 0.65 0. Ltd. Co. Ltd. 52 Shantou Haiyang First Polyester Film Co..450 323..408 198.73 0. 48 Shenzhen City Hua Datong Rui Industry Co. Ltd. 49 Hangzhou Anshun Fibre Industry Co.000 354.77 83 . 53 Sichuan Oriental Insulation Material Stock Co.400 347.050 306.978 503.925 158.778.000 496. Ltd. 54 Ningbo Bonded Area Gaoxin Counter Co.134 116.77 0.520 427.400 300.985 0. Ltd.70 0.655 414. Ltd. 46 Jiangsu Wuyang Group Corp.. Others Total 832.326.649.. Ltd.684 212.628 306.293.424 238. Ltd.. 47 Shanghai Ruiyuan Import & Export Trade Co. Ltd.000 306.000 500. 55 Ningbo Arts & Crafts I/E Corp...000 494. & Exp. Ltd.93 0.000 513.67 0. 41 Shanghai Union Jibsen International Co.000 337.59 0.000 494.68 0.63 0.719 45. Ltd.42 0.190 259.. Ltd.61 0.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.87 0.213 376. 56 China-Base Ningbo Foreign Trade Co.800 494.995 242.500 342. 44 Shanghai Aj Imp.430 204. 51 Zhejiang Grand Import And Export Co.000 323.55 0.69 0...000 504. 45 Fujian Huamin Import & Export Corp..53 0. 42 Ningbo Yunsheng Imp & Exp Co. 50 Shanghai Ai Li Sheng I/E Co.304 152.
613 845..032 546.150..30 0.396 3. 10 Hongfujin Precisidn Industry (Shenzhen) Co.799 774.253.062.697.47 0.134 2. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.873. 14 Wuxi Hengdalai Engineering Plastic Products Co.500 4.347 517.181 1.80 0. Ltd. Ltd.38 0.780 1. 4 Hangzhou Sanxing Paper Co.645 1. Ltd.724 1.30 0.139.326 2.977 1.. Ltd.806.433 634. 16 Shanghai Dongjin Plastic Fiber Co.& Exp.813 748..27 84 .775 3.916 299.535. Ltd. 29 Jiaxing Litai Plastic Products Co..30 0.725 423.. Ltd.701. Ltd.308 0...30 0. 27 Shanghai Runnan Science & Technology Trade Co.408 466.32 2. Ltd. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co. Ltd.130 319.29 0.30 0.915 1.469 1.542. Ltd.722.177.563.000 1.972 875...057 873.32 0.749.983 2.78 0.000 1.. Ltd. 8 Deqing An Shun Chemical Fiber Industry Co.402.49 0. 23 Jiangsu Light Industrial Products Imp.647..27 0.250 2.817 228. 7 Shanghai Nantian Economic & Trade Co.000.499 586. Ltd.33 0.64 0.817 364.792 1. Ltd.985 4.337 1.28 0.000 2.32 0. Ltd.087 719.38 0.020.545.850 1.42 0. 12 Jingang Chemicals (Kunshan) Co.376 423..29 0. Ltd. Ltd.30 0.388 885.270 380.040.36 0.529.30 0.94 0..517 1.36 0. Ltd.200 3.. 5 Hangzhou Guotai Fibre Co. Ltd.654 540. (Group) Co. 28 Yixing Luutian Fibre Co. Ltd..133 1. 30 Dongguan Shangsha Shinghing Plastics Products Co. Ltd. 13 China-Base Ningbo Foreign Trade Co.715 1. Ltd. kg 8.305.263 1. 25 Hangzhou Anshun Fibre Industry Co.704 7.. 32 Shanghai Sankai Commerce Development Co.153. Ltd. 6 Jiaxing Guangshun Fibre Industry Co. Ltd. 34 Ningbo Jingyong Imp & Exp Co. 24 Tianjin Daanxi Recycling Short Fiber Co.28 1.676 913. 40 Kunshan Jianheng Fibre Plastic Co. Importers Volume. 3 Shanghai Dafeng Chemical Fibre Co.293 4.858.392. 9 Shenzhen Longgang Foreign Economic Development Co.040. 36 China Packaging Imp. 35 Anhui Anlike Toys Co. Ltd.242 1. Ltd.632..499 509.30 0.49 0. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.. Ltd.700 1..215 949.652 1.700 231..222 1.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No.803 1.42 0.76 3.30 0.705 542.001 687.412 832.403 371. Ltd. 31 Ningbo Younger Int'l Transportation Co.37 0.255.30 0.42 0.631 442. USD Price.564 1.636 653. Ltd. Ltd.348 1. Ltd.31 0.221 2.291.348.009 2. 41 Zhangjiagang Dongcheng Fibre Co. 22 Changzhou Jin Yang Plastic Product Co. 2.001 789.06 0.261.31 0.437. 26 Taicang Wancai Regeneration Resource Utilization Co. Ltd. 33 Jiangyin City Changlong Chemical Fiber Co.238. Ltd.312. 19 Shanghai Jia Yi Chemical Ent Co.673 Value..495 979.776 690.815 108.463.000 770.407.271 375.311.746 2.. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.210. Ltd. Ltd.& Exp.820.643.30 0.333 329. 39 Shanghai Guochang Chemical Co.326 211. 11 Ningbo Ding Jia Imp & Exp Co. Ltd. 18 Churong Environment Protection Plastic (Shenzhen) Co.542 5.402 800.30 0.938.275 874.692. Ltd.970 2. 15 Jiangsu Easthigh Group Import & Export Co.
. Co. & Exp.385 179.144 364.877 31. Ltd. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co.832 103. Ltd.305 189. 63 Zhongluu Industry Co. 58 Ningbo Fengshou Import & Export Co.407.430 29. Ltd. 64 Orient International Holding Shanghai Foreign Trade Co.000 268.77 0. Ltd.450 46. 47 Cipic Shanghai Imp.156 91.150 158.921 56.. 46 Zhuhai City Qingan Huanan Economics & Trading Co.30 0. Ltd.. Ltd.860 305..360 335..28 0. 56 Jiangyin Madi Recycling Co.227..540 81..39 0.440 134. Ltd.739 56. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709.650 149.173 116.32 0.. Ltd.52 54 Shanghai Yongfeng Chemical Co.289 87.924 40.985 55.742 46.900 486.30 1.883 114. 52 Yangzhou Hong Le Toy Chemical Fiber Co.160 64.846.30 0.290 42.30 0.890 172. 61 Shanghai Lianan Plastic Product Co.995 142. 65 Yaxing (Taicang) Recycling Resource Development Co. 45 China Ningbo Cixi Imp.100 342.34 0. Manzhouli Corp.063 479.30 0. 44 Hangzhou Keyun Metal Co.070 152..883 91. Ltd...119 178.692 0. Ltd.800 234.333 51.46 0.28 0.28 0. Others Total 85 .30 0. Ltd. Ltd.950 104.30 0.627 78. Ltd.115 102. 59 Huzhou Tong Xing Plastic Co.581 399. Ltd. Ltd.38 0.30 0.70 0. Corp. 60 Anhui Tianfu Fibre Co.30 0. 62 Ningbo Zhongbao Imp & Exp Co. 49 Shanghai Feilun Industry Co.777 188. Ltd.453 106. Ltd.32 0.29 0.359.627 134.474 215. 43 Laohu Powder Painting Manufacture (Taicang) Co. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co.237 93. Ltd.27 0.000 628..272 110..30 0.272 153.42 Humeng Foreign Economic & Trade Corp. & Exp.893 84. Ltd.65 0. 48 Jiangyin Longyi Regeneration Plastics Co.27 0. 57 Ningbo Xinxing Fibre Co.380 183.115 210.739 61. Ltd...
000 60. 24 Ningbo Younger Int'l Transportation Co. Ltd.345.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No. Ltd. 36 Yuming Exactitude Industry (Shenzhen) Co.000 59.000 380.. 3.. Ltd. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co.42 0.388 65.86 1.000 7.160 9. 15 Beijing Founder Import & Export Co.000 187. Ltd. 5 Xianglu Fibers(Xiamen)Co.258 4. 27 Dongguan City Kaiying Trade Co. Ltd.987 45. Ltd.800 689.000 61. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.825 63.612 46. Ltd. Ltd.17 3.628 431.. Tianjin Company 30 Shanghai Huiyou Storage Co.400 105.54 0.000 2.000 74. Ltd.209 248.058.138 103. 17 Tengxing Industry Co.60 2.619 23.08 0.000 9.00 1.750. 20 Hefa Vegetable Oil (Shenzhen) Co. 38 Shenzhen Baoan Foreign Economic Development Co.585 73. 9 Tianchang City Changxing Terylene Chemical Fiber Co.Z Huajian Electronics Co.96 1.000 1... USD/kg 1 Chenghai Huaxiang Plastics Co.556 47.000 203. Ltd.65 1. 11 Beijing Hua Yuan Asia Pacific Tech Co. 12 Jiangyin Beikaerte Steel Wire Products Co.723 54.000 238.000 11.... 18 China National Construction Corp. Ltd.799 40.243 9.391 220.. 37 Shantou S.91 3. Ltd.91 0.246.366 8.000 10..072 29.490.250 2.779 1...172 364.925 4.85 3.034 49. 35 Zhangjiagang Bonded Zone Dong Hai Container Co.. Ltd. 13 Shanghai Huayuan Investment Development (Group) Co.145 41.87 1.06 1.839 37.28 0..290 83.11 0.34 0. 34 Qingdao Ever Speen Zipper Co. 14 Jingyuan (Nantong) Chemical Fiber Product Co..134 143.828 122. 3 Zhuhai Zhongfu Polyster Beer Galss Co. Ltd.64 3. Ltd.097 16. 32 Kunshan Litai Fibre Co. 23 Shanghai Heshibi Chemicals Co. Ltd. Ltd. Ltd.48 1.162 30.725. 4 Jm Shanghai Nonwovens Co.800 18..25 1.250 483...515 32.749 479.. Ltd.000 20.227 2.000 16.794 69. 10 Xiamen Zhong Tian Plastic Co. Ltd.50 1.071 11. Ltd.763 17.99 1. 39 Shanghai Xinxing Imp & Exp Co.974 315. Ltd.73 1...000 400.69 1.000 75. Importers Volume.70 3.818 1.494. Ltd. Ltd.92 1.22 3.222 200... 16 Zhejiang Grand Import And Export Co.974 55..E.05 2.06 2. 7 Taizhou Changshengda Plastics Co.16 1. Ltd..10 0.486 9. Ltd.139 204. 26 Fuqing Jiaxing Toiletry Co.881 1. 33 Fuzhou Jianing Cosmetics Co.893 19.943 2. 29 China Packaging Imp.606... 28 Ningbo Huaxi Int'l Trade Co.913 20.600 5.. Ltd.465 20. USD Unit Price.287 138.675 890. kg Value...35 1.78 86 .900 2.53 1.000 18.170. Ltd. Ltd.000 35. Ltd. Ltd.91 1. Ltd.263 228..90 1.05 0.. 2 Guangzhou Duolilong Chemical Fibre Co. Ltd.& Exp. 25 Xiamen Xiangyu Shangyang Trade Co.. Ltd.987 36.29 0. 6 Honeywell(Kaiping)Industrial Polymers Co.965 10.000 813.. Ltd. 40 Ningbo Bonded Area Honghe Store Co. 8 Xinhui City Jiaxun Electronic Trade Co.016 15. 31 Rexam Der Kwei Industrial (Shanghai) Co. Ltd.26 0. Ltd.99 1.
09 0. 27 Jiangsu Wuyang Group Corp. 42 Shanghai Zijiang Special Bottle Industry Co.06 0..218 3.472 5.504.583 5.554 316 23 11 16.624..368.689 1. Ltd.521.. Ltd.952.505 1.842 9.158.000 4. Ltd.000 2.(Nantong) 8 Yuyao Global Trade & Technical Co.676 1.002 2.178.Ltd..348 2.83 1.684.895 6.109 0. Ltd.41 Shanghai Fangxin Plastic Mould Co. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co... 7 Dongli Compound Fibre Co.419 3.000 3. Ltd.631.93 0. 18 Shanghai Jianfa Industry Co.345. 6 Shanghai Haixin Chemical Fiber Co.645. 5 Shanghai Hua Yuan Enterprise Development Stock Co. Ltd. 3 Shaoxing County Light Weave City Weave Imp & Exp Co. 2 Shaoxing Textile Co.810 3.726 1. Total 4.85 0.50 0.000 1.504.11 0..98 0..02 1. Ltd.000 1.989.08 0.208. Ltd. Ltd.007.050.467..68 0.000 1.62 2.121 1.226. 43 Shenzhen Longgang Foreign Economic Development Co.714 6... 10 China-Base Ningbo Foreign Trade Co.868.79 1.000 3.80 12 Shaoxing County Yanzhong Trade Co.692. Ltd.756 1.522 3..554 3. USD/kg 1 Shaoxing Tianlong Imp & Exp Co.926..508. Ltd.98 0. Ltd.55 1. 13 Shanghai Zidong Chemical Plastics Co.01 1.000 2. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co.342. Ltd.00 5.836 1. Ltd. Ltd..702 1.96 0.000 3. 50 Fuzhou Dong Li Cosmetics Co.000....561 3. 46 Lingwang ( Wuxi) Electrical Equipment Co. Ltd.000 5.000 1. 22 Ningbo Bonded Area Gaoxin Counter Co.199 14.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.91 0.058 1.96 0. Ltd. Ltd.761.000 1.900 8.716 1.. Ltd. 21.000 900 300 1.99 1.423 4..153 1. Ltd. 19 Zhejiang Xiongfeng Imp & Exp Co.892. & Exp. Ltd. 15 Ningbo Century Huan Yu Imp & Exp Co.03 0.515.22 0.59 0..234 4.216.00 3.586...510.000 7. Ltd.000 3.786 2.947 2. Ltd. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.360 2.000 2.90 2.968.410 1.263.927 1.90 0.768. 4 Dupont Hongji Films Foshan Co. 87 . Importers Volume. Ltd.125. Company 48 Haolai Chemical Industry (Zhongshan) Co.441.667 882.000 Value..018.000 1.228. 23 Shanghai Huayuan Investment Development (Group) Co.79 1. Ltd..071.. 14 Zibo Huayang Sanwei Co.340.93 1.970 957.668 1. 17 Shaoxing Zhenya Weave Product Co.149.022. Ltd.725 150 45 2. Ltd. 47 Shenzhen Light Industrial Products Imp. 49 Shunde Xicheng Plastic Container Co. 24 Shanghai Jiuaifu Logistics Co.08 0.278. 16 Xiamen Tongrun Industrial And Trade Co.216 985.000 2.450.84 1. Ltd.000 3. kg 21.251 998.404.575 3..95 0.134.218 4.920 3.073..391 4.450.228.51 0. 9 Shaoxing County Nanfang Imp & Exp Co.204.500 1.545 806.. Ltd.63 0.605 884. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co.89 0. USD Price.000 1..500.99 1. Ltd. Ltd. Ltd.
77 0. 41 Jinjiang Fu Xing Zipper Co.713 137.347 541.000 136.81 0.. Ltd.403 406.241 735.90 2.800 500.654 64. Ltd.447 0. Ltd.000 651.971 360. 60 Xiamen Waitu Imp.58 0.810 954. Ltd.278 432..000 454.000 500..000 502.962 550.500 105.10 0.000 936.969. Ltd..580 379.620 738.000 171.170 54.797 457. 40 Jiangsu Shen Long Business Out-Carving Group Co.000 500.824 470.000 456. 55 Jiangxi Fushida Trade Co. Ltd.000 500... 37 Shaoxing City Longsheng Weave Products Co..28 Zhejiang Grand Import And Export Co.502.13 0.(Nantong) 54 Nantong Huatong Fibre Co.000 118..000 500.01 0.115 572. 53 Dongli Compound Fibre Co.227 289. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co.031 1. Ltd. Ltd.000 400. Ltd. Ltd. Ltd. Ltd.03 0... Ltd. Ltd.84 0.360 1. 59 Ningbo Haitian International Co....828 211. 36 Ningbo Jiasaile Trade Co.356 163.316 108.000 116. Ltd.170. 43 China National Chemical Fiber Corp.763 646.94 0.000 190..717 270. Ltd.580 239. Ltd. Ltd.328 440. Ltd. 34 Shanghai Huaxing International Container Freigat Transporation Co.27 2. 57 Shanghai Zheng Bao Textiles Products Co...80 1. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1.87 0. Ltd.55 1..400 272.000 500.171 268.88 0. 29 Shanghai Justen Packing Material Co.873 178.83 1.000 521. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co.773 421. 58 Ningbo Dafa Fibre Co.437 165.000 500.126 60.171 109.953 85.942 100.173 212. 56 Zhangjiagang Cheng Xing Chemical Fibre Co.10 0. Ltd.55 0.048 500. 35 Jiangyin Wan Xiang Chemical Fiber Co.99 32 Ningbo Arts & Crafts I/E Corp.68 1.79 0.130 126.91 0. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co.87 0. 38 Shantou Haiyang First Polyester Film Co.613.80 0.496.78 1.000 100.70 1.544 760.63 0.90 0.86 0. Ltd.493 818. 39 Shanghai New Long March International Trade Co. 52 Hangzhou Anshun Fibre Industry Co.57 0.026. Others Total 88 .Weaving Co. Ltd. Ltd..494 695.85 0.74 0.219.353 396.39 0.658 512. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.309 186. 42 Orient International Holding Shanghai Foreign Trade Co.. 30 Kaiping Mingxian Monofilament Enterprise Co.140 122.969 455..87 0.94 1.287 440.. 48 Nanhai City Jinglong Non.024 300..615 252. Ltd.
300 481.478 4.70 0.44 0.40 2..515 253. 27 Kunshan Anshun Fibre Co.211.47 Unit 3 Shanghai Runtong Int'l Trade Co.149 136.40 0. Ltd..772 3. 17. Ltd..66 0.33 0.137 1. 24 Shanghai Yongfeng Chemical Co. Ltd..824 452.55 0.696 3.300 300. 28 Shenzhen Baoan Foreign Economic Development Co.. 21 Lili Industry (Shanghai) Painting Co. Ltd.048 1.122.942.80 0.41 0.38 0.419.. Ltd. Ltd.079 431. Ltd. Ltd. Ltd.802 1..201 4. 13 Jiangsu Light Industrial Products Imp.50 0.38 2.664.453 2.832 537.46 0.33 0.518 618.824.125 977.751.419. & Exp. 18 Yixing Luutian Fibre Co..39 0.431 2.437 831.494. 16 Wuxi Hengdalai Engineering Plastic Products Co..49 0.. Ltd.725 1.102..665 4.46 1. Ltd.36 1. 36 Zhuhai City Qingan Huanan Economics & Trading Co.& Exp.978 7. Ltd.789 479.813 1.240 467.543 601.038. Ltd.36 0.470 1.040 1. 6 Fuyang City Fu Xing Imp & Exp Co. 35 Shenzhen Fbseg Industry Co.064.723 378. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co. Importers Volume. 7 Hangzhou Guotai Fibre Co.000 2.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No.97 0. 15 China Light Shanghai Imp.371 8.000 696.747. Ltd.... 17 Shenzhen Longgang Foreign Economic Development Co. Ltd. 40 Shanghai Ge Lai Di Fiber Products Co. Ltd.378 3.. 29 Zhejiang Zhenbang Chemical Fiber Co. Ltd.33 0.184 3.409.232.781. 10 Jiaxing Guangshun Fibre Industry Co.33 0..602 17.196 287.855.014 0.48 0.425.867 3.219.497 438.075 749. 89 .03 0.118 509. 31 Dong Guan Foreign Service Co. 25 Zhongcheng Ningbo Imp & Exp Co.000 340.30 0.103.928 962. 23 Shanghai Runnan Science & Technology Trade Co.479 1. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co. Ltd.310 857.766 1.213 2. USD Price. 8 Hangzhou Anshun Fibre Industry Co. kg Value. 33 Ningbo Fengshou Import & Export Co. 12 Hangzhou Sanxing Paper Co..730 12. Ltd.178 2. 11 Ningbo Younger Int'l Transportation Co.127. 9 Churong Environment Protection Plastic (Shenzhen) Co.62 1.000 956.38 0. 20 Jiangsu Easthigh Group Import & Export Co. Ltd.464 749.694 1.345.049 229.58 0. 30 Dongwan Gaofuda Plastics Products Co. 19 Shanghai Dongjin Plastic Fiber Co.490 664.Corp. Ltd. Ltd.854.807 2.270 1.484. Ltd..307 347. Ltd. Ltd. Ltd.. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.284. Ltd.50 0.431.271. 26 Kunshan Jianheng Fibre Plastic Co.160 797.754 342.. (Group) Co.67 0.055 827.572 303.43 0.049.101.116.082 1. 39 Shanghai Jia Yi Chemical Ent Co. Ltd.942.314.26 0.981 332. Ltd.19 0.646 985.837. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.634 11.156 1.612 3.242.804 285.730 322.41 0.. Ltd.146 663.071.248. Ltd.876.495 3.832.384..106 310.603 1.706 4.44 0. 14 Zhangjiagang Cheng Xing Chemical Fibre Co.718 1.134 1.40 0.682 420.277 1.081 429.083. Ltd. USD/kg 1 Ningbo Huaxi Int'l Trade Co. 34 Hangzhou Keyun Metal Co.. Ltd.32 0.45 0.. Ltd. Ltd..142 964. 22 Jiangyin Sanqiang Chemical Fiber Material Co.03 1.
532 119. Ltd..103 448.327 112.32 0.80 0.533 215....45 0.529 260.656 36. Ltd.529 123.365 102.147 229.850 164.05 0.030 121.163 250..931. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co..828 179.333 108.500 329. 49 Shanghai Jiumao Foreign Trade Co.549 179.62 0.139 67. Ltd. 75 Shanghai Feilun Industry Co.615 161. 64 Humeng Foreign Economic & Trade Corp. Ltd. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co.518 56. 42 Dongguan Shangsha Shinghing Plastics Products Co.580 219.056 570.884 159.215 390. 45 Shengqin Plastic Cement ( Shenzhen ) Co.61 0.170 105. Ltd. Ltd. Ltd. 54 Shanghai Dong Hao Int'l Commercial Co.64 0. Ltd.30 0..627 35. Ltd.31 0. 57 Taicang Wancai Regeneration Resource Utilization Co. Ltd. Ltd.46 0.. Ltd. Ltd.432 236.489 213. 62 Hongkai Fibre (Quanzhou) Co.30 0..034 74.41 Shanghai Yawei Trade Co.959 233. Ltd.932 0. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution.504 157. Ltd.000 252.000 805. 70 Ningbo Dafa Fibre Co.30 0.26 0.352 151. Ltd.35 0.. Ltd.123 350.42 1. 73 Zhejiang Xinghe Group Industrial Co.42 0. 58 Jingang Chemicals (Kunshan) Co.05 0. 43 Jiaxing Litai Plastic Products Co.31 0. 65 Dongguan City Qifeng Foreign Trade Co.000 408.148 222.757 251.254 33.882 187.905 188.77 0.329 44. 74 Shanghai Lianan Plastic Product Co.463 99. 72 Wuxi Tianyi Int'l Trade Co.269 490. Ltd. 46 China Packaging Imp.000 707...42 0. Ltd..607 361.384 100. 61 Yingjunren Plastic (Shenzhen) Co. 71 Shanghai Hanjia Metal Product Co.708 36. Ltd.. Ltd.550 154.016 121.000 125.364. 55 Changzhou Jin Yang Plastic Product Co.46 0. Ltd.250 242..174 513.356 449. 52 Shanghai Rongyi Chemicals Co.450 460. Ltd.003 205.217 83..918 120. 50 Haifu Development(Shenzhen)Co.231.30 0.39 0.840 266. Ltd..511 76.. Ltd.354 112.555 237.636 250.42 0.737 36.838 30.333 149..54 67 Ningbo Jingyong Imp & Exp Co.& Exp...645 100.30 0. 545.31 0.073 110. 59 Jiangyin City Changlong Chemical Fiber Co.50 1. 53 Shanghai Yongkai Trading Co. Ltd. Ltd. 60 Pujiang Bai Lian Imp & Exp Co. 56 Anhui Anlike Toys Co. Manzhouli Corp.42 0.204 124.35 0. Ltd. 63 Qiyuan Plastics (Shenzhen) Co.. Ltd. 44 Ningbo Ding Jia Imp & Exp Co.54 0. 48 Tianjin Daanxi Recycling Short Fiber Co. Ltd.874 66.550 368.85 0.30 0.066 100.90 0.830 195.782 242.420 161. Ltd.665 117.213..42 0.000 254.77 0.320 107.30 0.. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co.30 0.. Ltd.58 0. 51 Dongguan City New Technologies Imp & Exp Co. Ltd. Others Total 90 .046 46.30 0..513 297.
DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. And the company is the exclusive distributor for some regions. and current output is 14.000~15. Price They disclose current price for bottle-grade chip is RMB10. industrial grade chips as well as other related high quality products. the United States and Italy.dragonsr. three Solid-State Polymerization lines.R. Xiamen 361026.000MTS/year of special polyester annually.. DSR occupies a total area of 24 hectares. DSR also provides public utility such as steam. they produce bottle-grade chips but don’t produce film-grade chips. DSR's production facility is equipped with technologies and equipment imported from Japan. Han Jiang Website: www. The main products of DSR are bottle grade chips. The total production capacity of PET products is 320. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise.. At present. Address: Nanhai 1st Road. But they refuse to disclose the names of those regions. 91 . with the investment totaling USD274 million. It is a wholly foreign-funded enterprise. Ltd. (DSR) is founded in April 2002.com 1) Company Background Dragon Special Resin (Xiamen) Co.V-2 Foreign Companies in China V-2. Haicang Investment Zone. with the production capacity of 320.1 Dragon Special Resin (Xiamen) Co. Ltd.000MTs/month. capable of producing different grade of polyester chips. heat through heat-transferring medium and electricity. and they comment it is not high. DSR has a special PET production line. P. 700/MT.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr.000MTs/year. Sales and Export They claim SDR has import and export license.
.com 1) Company Background Shanghai Lianji Synthetic Fibre Co. 2) Situation of PET in 2005 . The production capacity is 300. Shanghai Lianji passed ISO9002 in early time.300m2 and has 528 employees.shlianji. They claim the company is a Sino-Germany joint venture. Zhuo Website: www. Shanghai Lianji introduced a 70. and the price of raw material keeps growing recently. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's. Its total investment is USD138 million and registered capital is USD49.. Germany and Shanghai International Shanghai Growth Investment Ltd.92 million.000MTs last year.Raw Material They claim 80~90% of raw materials of PET is imported from other countries.000MTs/year started construction on August 2002.000MTs/year and it produced 250. Ltd.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr.R. Ltd. Address: No. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co.V-2. .2 Shanghai Lianji Synthetic Fibre Co. which has advanced equipment and can produce high-quality products. . Shanghai Lianji covers an area of 294..195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. Ltd.Price and Specifications 92 .Production They claim the company started to produce PET chip in 1995.The Phase Three polyester Project with yearly capacity 150. They disclose the company carries out production in accordance with purchasing contracts. Zimmer AG..000MTs/year filament grade polyester facility (Phase One) and a 30. in 1994.
heat-resistant chip and edible oil chip hold 20%.3 Jiangsu Changzhou Worldbest Radici Co.406 million and the registered capital is USD45. Changzhou 213022.. and the production capacity is 270. V-2. FDA test and Coca-Cola. Italian Faostuo Radici Group. ISO14001. the daily output is 800MTs.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co.R. 400/MT.. The total investment of this company is USD11. semi-dull and bright chips. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco. 68.. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80.czwbr..The company can supply many specifications. respectively. which makes the company one of the largest manufacturer in China. Ltd. At present.000MTs/year bottle-grade polyester chips. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years. Ltd. Ltd.000MTs. Raw Materials 93 . Address: No. P.China Tel: +86-519-5100553-663. Jiangsu Province. in 1996. 60% and 70% of domestic market. Hongkong Qiule Development Co. They disclose there are three production lines of PET in this company. (CWRC) was founded by Shanghai Huayuan Co.2 million. Xu Website: www. including dull. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr. West Waihuan Road. Current price is RMB10. Ltd. National High & New Technology Industry Development Zone. CWRC’s water bottle-grade chip.
Yutang Industrial Park. Price At present.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. 2005 and only produces bottle-grade PET chips.. The company mainly specializes in producing bottle-grade PET chips with 220.They claim all raw materials for PET chips are imported from foreign countries. Ltd.000 square meters. Germany and SSP technology and facilities supplier Bühler AG. Its bottle-grade PET chips can be applied in packaging of CSD. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million.andenie. the operation rate is about 80%. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG.4 Changzhou Andenie Polyester Co. Ltd. which is different from other PET producers.000/MT. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. 1. They disclose the company carries out production according to its purchasing contracts. but the rate will vary with the market demand. Xinbei District. The company’s production capacity of PET is 220. 5778666 Fax: +86-519-5778889 Person to Contact: Mr. as well as drugs. fruit juice drinks.000MTs/year.. films. Jiangsu Province. Changzhou Andenie covers an area of 120. At present. Swiss. drinking water. Xinyu East Road. etc. Changzhou 213033.000MTs/year production capacity.China Tel: +86-519-5778111. tea-drinks. Guan Website: www. V-2. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. The company exports half of its products to international markets. with the total investment over RMB400 million. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. Address: No. the price of water and oil bottle-grade chip is RMB11. P. pet sheets and HDI.R. 94 . and edible oil.
5 Far Eastern Industrial (Shanghai) Co. SSP. 500. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996. fruit juice drinks. and the company claims it will increase to 500. P. Price and Specification The price of bottle-grade PET chips is between RMB10. chemical fiber.China Tel: +86-21-6875-1888 Person to Contact: Mr. and edible oil. and it exported 11.000MTs/year in 2005.000MTs of PET chips last month.. 60. Ltd. DTY. tea-drinks. staple fiber.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries. The company will accept new purchasing orders till Oct. have already been ordered. drinking water. Address: No.000/MT. The production capacity of bottle-grade chip is 180.com. Sales and Export The company has the import and export license. The company passed DNV ISO9001: 2000 quality system certifications.800/MT and RMB11.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. Xinghuo Development Zone. The product structure is as follows: Bottle-grade chip. dyeing and finishing and other relative accessory facilities. They disclose the specifications of the bottle-grade PET chips include CSD. textile.000m2. Shanghai 201419.000MTs/year. 2005.000MTs/year 95 . weaving. PET sheet. Factories of Far Eastern Shanghai occupy 370. Baisha Road. V-2. Pudong District. There are workshops for polymerization.000MTs/year Differential polyester staple fibre. POY. Ltd. They disclose the PET chips of this company sell well currently. because all the products produced in Sep. dyeing and finishing.feis. They claim the price will change in accordance with the market. Wang Website: www.R. It is a union enterprise using PTA and EG as raw material to produce polyester and other extension products for large-scale chemical industry.198.
R. 34. They disclose that the packaging of products for export is in compliance with the export packaging standard. 2) Situation of PET in 2005 . (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H. ventilating film 4. developed ventilating film in 1993 and launched into PET film field in 1997. Industries Co..000MTs/year DTY. PET. the price is FOB USD1.000MTs and aluminized film 4. In general.. the company has nine production lines. . 9. with the capacity of 55. In South Korea. Address: No.Price & Packaging The price of PET film depends on the thickness of products.000MTs. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr. 96 .S. It is a wholly foreign-founded enterprise.700~1.000MTs. the annual output of BOPP film is 30.China.933. V-2. The company started to produce BOPP film in 1990.000MTs/year. They comment that the price is slightly high in China. Ltd.800. Ltd.Production They claim the company has production facility of PET film.POY.6 Hunomik (Shanghai) International Trade Co..000m2.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. Its workshops cover 50.000MTs. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. Ltd. Zhongshan West Road.000MTs/year. P. about 200. Thereof. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003. The company specializes in producing BOPP. PET film 17. ventilating film and processing many relevant film products. Changning District 200051. Shanghai. Li 1) Company Background Hunomik (Shanghai) International Trade Co.
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
while hot-filling bottle-grade chips products will be available next month. Price & Packaging The price for common water bottle-grade chips is USD1.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. Ltd. Fuel Section can produce 1.R.000MTs.5 billion. The output in 2004 is 350. In general. Fiber sector contains PTA. V-3. LYPC currently has total assets of RMB13. LYPC is engaged mainly in oil refining and producing chemical products and marketing.45 million MTs of oil products and 900.000MTs of light chemical oil annually.000MTs/year of N66 salt (including AA). LYPC has been awarded with ISO 9000 quality certifications for all of its leading products. Liaoyang 111003. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company. each about 21MTs. They comment this price is comparatively cheap. Chemical Sector has PE unit. the products for export will be packed in container. LYPC has 39 large production units with a capacity of refining crude oil of 7.000 staffs and workers. 160. PP and PA units producing 400. Hongwei. If clients only need 1~2MTs. Sales and Export They claim the company has the import and export license. LYPC has marketed its products all over China and exported to foreign countries. 2) Situation of PET in 2005 99 . PET.cn 1) Company Background Covering an area of 16 square kilometers.000MTs/year of PET. Liaoning Province.000MTs/year of plastic materials and 50. Address: No. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC.5 Torch Street. LYPC now has 9 functional departments. The company has bright film-grade and carbonated bottle grade chips in stock currently. P. aromatics unit and nylon 66 salt unit which produces 90.035 FOB Zhangjiagang.5 million MTs/year.com. they can offer less than container load.000MTs/year this year and it will increase to 950.3 Liaoning Liaoyang Petrochemical Co.cnpc-lh. 6 units under its direct control and 3 large joint ventures with 12.They claim the company’s production capacity is 550. 10 production plants.000MTs next year.000MTs/year of fiber products.
2228111. The total output of PET products is over 300. high viscosity chip for industrial use. Address: No.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. Ltd. Ltd. 100 .000MTs/year. Shagang District. P. bright chip. Kaiping 529325..- Production They claim the company has PET stock at present. Price The price of water bottle-grade is RMB10. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. film grade chip and bottle grade chip.000MTs last year. The company has two freight docks.1..000m2 of land. Guangdong. The company’s subsidiaries include Polyester Chip Factory. (Kaiping Polyester) is a largescale collective group. Color Venter Particle Factory. which has been listed. 300/MT and that of oil bottle-grade is RMB10. bright fibre grade chip for civil use and industrial use.4 Guangdong Kaiping Polyester Enterprises Group Co..R. Fax: +86-750-2228836 Website: www. as well as Kaiping Chunhui Co. medium viscosity chip for use in sewing thread.China Tel: +86-750-2213758.kaiping-polyester. V-3. Honeywell (Kaiping) Industrial Polymers Co. located in Guangdong Province and covering 700. The main products of Kaiping Polyester include: polyester chips color fibre particle polyester filament polyester industrial silk cotton cloth series The species of PET chips include: Semi-dull fibre grade chip.com. Meihua Road. Ltd.400/MT.
HR201.000MTs/year PET for film. highly viscous chip for industrial use. Among them. V-3. which are purchased in China and imported from foreign countries sometimes. EEC test and H203. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB.000MTs/year 2) Situation of PET in 2005 Production 101 . which is equipped with hundreds of advanced analysis apparatus. Ltd.yuhuapet. Its products of bottle grade PET have been approved by FDA test. and the price will be higher.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co. Address: Tangjia. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. Species and Price They claim the packaging is 1MT. Guangdong Province.000m2 of land and its construction area reaches 100.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www. (Zhuhai Yuhua). 10. 150. Zhuhai Yuhua has 650 employees. 140.R. It exports products to Japan and West Europe. The company produces many species including light fibre chip. Packaging. The viscosity degree is higher. Zhuhai Yuhua specializes in producing polyester chips. The company set up a 2.000m2 testing building. Zhuhai 519080.The company adopts glycol and PTA as the raw materials. light fibre chip for industrial use. Ltd.000MTs/year PET for bottle. established in 1988. etc.. 80 are engineers and technicians.. The price varies in accordance with the viscosity degree of products.000m2. Its structure of major products is as follows: PET for fiber. covers 230. P.5 Guangdong Zhuhai Yuhua Polyester Co.
R. with a total capacity of 150. P. etc. Shaoxin 312000. the total assets of UCFG reached RMB1.000m2. cation chip. In the beginning of its establishment. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. flame retarding chip.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. 600/MT. polyester long filament.000MTs/year. China Development Bank. including semi-dull chip. Sales and Export They claim their products are sold throughout the country and other countries such as Europe.. the company only had 5.. 102 . . which is effective for about one month. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip.000MTs/year for PET chip. The company also produces chips for mineral water bottle.6 Zhejiang Chemical Fibre Joint Group Co. By the end of 2002. Zhejiang Province. tea bottle. Ltd. the company’s production capacity has increased to 300. The price is RMB10.. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications.8 billion. with the capacity of 150. 000MTs/year. oil bottle 202 and so on.. V-3. Ltd. At present. etc. They disclose most consumers are willing to buy oil bottle chip 202 materials. UCFFG has six subsidiaries and holding companies. Southeast Asia. Its registered capital is RMB860 million. China Cinda Asset Management Co. (UCFG) was built in 1984 by China Orient Asset Management Corporation. and other companies. China Huarong Asset Management Corp. Ltd. polyester staple and other products. Coca Cola bottle.They claim the company produces fibre materials. Address: Under Qishan Bridge. UCFG covers an area of 380.000MTs/year of polyester filament.
110. Ltd. ISO14001. semi-dull and bright chips.R. The company owns 9 subcompanies. (Jinan Zhenhao) was founded in April 2002. Its asset is up to RMB2. Huaqianchang Road.. Jinan Zhenhao Polyester Co. Ltd. 29. 100.. Industrial and Trade Co..000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co. Ltd. The production capacity of semi-dull chip is about 200. Jinan Huaxian Scientific. processing and marketing chemical fiber. Xi Website: www...2. Ltd.1 and OHSA18001. JiNan250100. Tel: +86-531-88068236 Person to Contact: Mr. 22. Jinan Zhenhao Polyester Co.7 Shandong Jinan Zhenhao Advanced Fiber Co. P. Ltd.000MTs/year.000MTs/year PET melt and chip. Address: No. LiXia District. Jinan Weide Fibre Fabrics Co.39 billion. Ltd..China. 103 . textile material.000MTs/year Polyester filament.000MTs/year Polyester staple.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co.. Shandong.600 employees.8% of who are technologic support members and 89 people are senior technologists. Ltd. V-3. Ltd. 260. 80 employees work for it and 29 of them are engineering technologists. The company has RMB220 million of fix assets. fabric and garment. Jinan Zhenhao has 1. About Jinan Zhenhao Polyester Co.jnzhaf.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip.. Jinan Zhenghao Trading Co. The company can offer cation. Ltd.. is a holding company of Jiannan Zhenhao. ISO10012. Jinan Zhenghao has passed ISO9001. The product structure of this company is as follows: IPA. specializing in producing.
500/MT. V-3. chemical and chemical fibre. 104 . including 30. Tel: +86-22-63822777. about 60~70MTs/day. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. Sinopec Tianjin has 20 production facilities covering refining.000MTs of filament.000MTs/year facility has stopped production. The capacity of PET chip is 160. At present. Up to now.000MTs/year of staple fibre and 8. Price They disclose the price of PET chip is about RMB10.76 billion is fixed assets. with the total production capacity of 260. among which RMB2.com. Tianjin Branch’s total asset is RMB6.cn 1) Company Background Sinopec Corp. including 743 technicians. They claim the company has two sets of facilities.tpcc. and the daily capacity is 500MTs/day.000MTs/year. P. chemical reforming capacity is 150. and some are sold to Heibei Province. and they comment that the product can bring much profit.000MTs/year. 60. Dagang District 300271.000MTs/year. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. Raw Material They claim the company produces PTA as well. A set of 100. PET fibre capacity is 100.000MTs/year.The company adopts the China-developed technology to produce PET. Sales The products are mainly sold in Shandong Province.638 staff members.8 Sinopec Corp. Tianjin.China. Its oil processing capacity is 5 million MTs/year. Sinopec Tianjin has 4. +86-10-51586861 Fax: +86-10-51586884 Website: www. It has its own special Oil Wharf and tank area in Xingang Seaport. Tianjin Branch. Tianjin Branch (Sinopec Tianjin) was founded in Apr. the facility of PTA has stopped for maintenance.R. Normal output is 400~500MTs/day.46 billion.000MTs/year of PET chips. Tianjin Branch Address: Sinopec Corp.
Polyether Polylol facility. R. Chemical Fibre Section: Polyester facility. FDY and POY filament facility. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. polyethylene facility. chemicals and fibre. fuel heavy oil. PET chips. film-grade chips facility. PLG. 60. including lead-free gasoline.000MTs/year. para-xylene. 000MTs/year.000MTs/year.000MTs/year. 300.000MTs/year. benzene. The price is RMB10. Shell in Netherlands. Mitsui Toatsu Chemicals of Japan. 250. P.9 Sinopec Luoyang Petrochemical Complex Address: Jili District.000MTs/year. coke. 43. V-3. 120.200 at present. .000MTs/year.000MTs/year. 100. They claim the production capacity of PET is 200. polypropylene facility.China. Tianjin Branch. 200. LuoYang 471012. Lummus.000MTs/year and differential staple fibre. jet fuel. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. which is taken changed by the sales center in Beijing. light diesel. 600.000MTs/year. PX facility. PTA facility.000MTs/year.000MTs/year. Henan Province. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. 90. heavy aromatics. petroleum asphalt. Union Carbide Corporation in the United States. 2. . 22.Sinopec Tianjin mainly produces 31 kinds of products of oil. PET Staple Fibre facility. 80. 200. etc. It is called Sinopec Corp. EO facility. 105 . PET staple fibre and filament. Ethylene Section: Ethylene facility. Neumag Company of Germany. Price The company produces fibre-grade PET chip. kerosene.000MTs/year.000MTs/year and EG facility. 48.Sales The sales of this company have been unified. Mitsui Chemical.000MTs/year. DMT.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility.
000MTs/year. PTA facility.500 employees. Sinopec LPC specializes in oil refining. and that of polyester staple fibre is 100. UOP and Japanese Toray.Tel：+86-379-66996147. The capacity of PET melt and chip is 200. including 2.000MTs/year.lypcc. which was invested in RMB6. polyester facility. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. +86-10-51586861 Fax：+86-10-51586884 Website: www. Price 106 .com. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. 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.000MTs/year.000MTs/year.100 employees. It has 1. chemicals and chemical fibre.200 professional technicians. DuPont. but the output volume is not as large as it.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. The plant carries out production in accordance with purchasing orders. It was started construction in 1998 and put into production in 2000. that of PTA is 250. direct spinning polyester filament and direct spinning polyester staple fibre. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. The Chemical Fibre Plant has five major production facilities. including aromatic hydrocarbon facility.4 billion. The capacity of polyester filament is 90. Sinopec LPC has more than 8.000MTs/year.
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.. and most PET chips are used to produce polyester filament and staple fibre by the company itself.200 at present. Hangzhou 314500. 2. Ltd.000MTs/year. Zhejiang Province. It has more than 7. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. It is a state-owned enterprise. including RMB1 billion of net assets. Zhejiang Tongkun Group Address: No. Its products include: POY. finance. DTY DT FDY filament PET chip The production capacity of polyester is 720. . in 2004. Ltd. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. Zhu Website: www.000MTs/year. Meanwhile. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co. in 1999 and Tongkun Group Co. agriculture. At present. IT as well as printing and dyeing fields.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. V-3.8 billion.R.10. 107 . Zhejiang Tongkun has 26 wholly subsidiaries and holding companies. . the total asset of Zhejiang Tongkun is RMB2. the group sets foot in real estate. The price is RMB10. P.zjtkjt. Only a small part of PET chips are sold out.. Tongxiang Development Zone. and that of chemical filament fibre is 600.The company produces fibre-grade PET chip. trade. Guangming.000 employees.
which was put into production in Oct. the production capacities of polyester and melt direct spinning long filament reached 700.000MTs/year. 500. which was put into production in Jun. In Jan 2001. In Jul. The production capacity of fibre-grade PET chip is 180. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180. 2002.000MTs/year and 550. They claim the market of PET this year is unfavorable. About PET Project In Apr. no semi-dull chip. Up to 2004. Price and Specification The company can offer fibre-grade and bottle-grade chips.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. 204. Zhejiang Tongkun invested RMB120 million in the 160. etc. HONEY WELL in the US. Zhejiang Tongkun invested RMB580 million in the 180.000MTs/year modified melt direct spinning long filament project. 2002. The price of bright chip is RMB10. Zhejiang Tongkun invested RMB310 million in the 180.000MTs/year PET chip project. In Aug. which was put into production in Sep 2003. 2000.000MTs/year and that of bottlegrade is 20. 2000. HIMSON in India.Zhejiang Tongkun introduced equipment from TMT in Japan. 108 .000MTs/year polyester and melt direct spinning production line. UB20 LAUDA in Germany. Sales and Export The company has the import and export license. They disclose the company produces fibre-grade chip but not film-grade chip at present. Zhejiang Tongkun passed ISO9002.000MTs/year polyester project was put into production.
Xinjiang. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co.000MTs/year.Production They claim the company hasn’t PET chip in stock at present. 2) Situation of PET in 2005 .com.000MTs/year. there are 225 employees in the company. . ISO9001: 2000 and ISO14001. Ltd. 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.87 hectares.Price The price for bottle-grade chip in its latest purchasing order is RMB10.11 Xinjiang Tunhe Polyester Co. Chanji 831100. At present.China. The company also produces fibre-grade chip. The company passed OHSA1800. The company covers an area of 13.000MTs/year. with the production capacity of 60. 800.. . Current operation rate of its facility is 100%. Among them.Sales They claim that the current market situation is comparatively good. The company carries out production in accordance with the purchasing contracts.. as there are many buyers waiting for the products. Ltd. V-3. 90% workers graduated from the technical secondary school or collage. The price will vary with the market.. Its major product is bottle-grade PET resin.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year.R. Address: Yan’an South Road. Ltd. P. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. with the capacity of 110.tunhepet. 109 .cn 1) Company Background Xinjiang Tuhe Polyester Co.000MTs/year. The production capacity of multifunction and differential polyester chips is 60.
Heilongjiang Longdi imported the key equipment from Germany.biz 1) Company Background Heilongjiang Longdi Stock Co.R.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion.000MTs/year. that of polyester textile-grade staple fiber is 90. Miss Shao Website: www. that of filament is 36. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. the United States and Italy. the production capacity of PET chips is 160.000MTs/year and polyester industrial filament is 37.V-3.longdi.12 Heilongjiang Longdi Stock Co. P. It sells its products all over China and exports them to Europe and America.000MTs/year. 2) Situation of PET in 2005 . The price is RMB10. Xiao. Ltd. They disclose that the current output of PET products is not large. At present. Acheng city150316. The Company passed ISO 9002 and ISO9001: 2000.116. Heilongjiang. Price and Specification The company produces bright and semi-dull chips. It does not produce film-grade chip. They disclose the company has more then ten factories.000MTs/year. while only two factories are producing PET due to capital problem in the company. 300/MT. Japan. which started to produce PET as early as 1985. Ltd. and the two factories work for 24 hours a day.. Heping street.. It is a listed company. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory. Heilongjiang Longdi has the import and export license. Address: No. The company carries out production according to the market demand.China Tel: +86-451-53715382. Sales 110 . They claim their equipment is worldadvanced.
The claim PET chip cannot bring much profit because of expensive raw material. Miu. molds. Push Group consists of three units: Push Group Push Plastic. and the total investment had exceeded RMB2. P. Sichuan Province. Push Group has RMB3 billion fixed assets. They disclose that PET products are stored in Dongguang Guangdong Province. V-3. Chen Website: www. and 3D images and laser anti-fake products for packaging and advertising.cn 1) Company Background China Push Group International Co. Mr. Its products include plastic anti-fake bottle caps. Push Subsidiary Companies and Push joint ventures. China.com. Price and Species 111 . etc... +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. Ltd. (Push Group) was established in 1997. etc. plastic packaging bags. Push Plastic Pet Preforms Department. Tel: +86-831-3565889.150. It is a wholly subsidiary company under Wuliangye Group. Ltd. The company carries out production in line with their purchasing orders.pushi.. Products of Push Group are exported to European.R. while the production base is in Yinbin Sichuan Province.000 employees. including over 500 technicians and professionals. Push Plastic includes Push Plastic Closure Department.0 billion by 2004.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament.13 China Push Group International Co. 340. American and Southeast Asian countries. The initial investment for Push Group was RMB300 million. polyester chips. Minjiang West Road. detergents and cosmetics. At present. Push Plastic Building and Packing Materials Department. PET bottle preforms.000MTs/year. plastic pipes and fittings. Push Plastic & Polyester Department.000m2 production facilities and over 4. while the industrial filament is profitable. Yinbin 644007. Address: No.
mainly engaging in producing and marketing high-grade silk.130/MT. The products can be used in engineering plastic as well if it is processed to improve the performance. computerized embroidery. and Xinda Computerized Embroidery Plant. They claim the PET products in the company are bottle grade PET. etc. 80 million meters/year Computerized embroidery. Ltd. (JWSG) has five factories: Xinlian Silk Weaving Mill. P. China Garment Group Co..silkgroup. About Jiangsu Wujiang Silk Group Co. Longqiao. Jiangsu Silk Group Co. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr.com 1) Company Background Jiangsu Wujiang Silk Co. scientific technology and trade. Add: Shunxin Middle Road. Ltd.R. special filature.. The product structure of JWSG is as follows: PET chip.. Ltd. Xinhua Silk Weaving Mill. It was listed in 2004.000MTs/year Chemical filament.... Jiangsu Wujiang Silk Group Co.000MTs/year Silk. Camellia. while the price FOB Guangzhou is USD1. 120. Ltd. Shengze Town. Chen Website: www. 130. Wujiang 215228. China Silk Industry Corporation. 2) Situation of PET in 2005 Production 112 . V-3. Ltd.China. The total registered capital of JWSC is RMB313 million. Ltd.. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. Sales and Export They claim the company has its own import and export license. Xinsheng Silk Weaving Mill.. The total asset of the group is RMB4 billion. (JWSC) was set up by Jiangsu Wujiang Silk Group Co.. and Suzhou Foreign Economic Development Corporation.They refuse to disclose the domestic price of PET products. Ltd. JWSC integrates real estate.14 Jiangsu Wujiang Silk Co. Jiangsu Province. Liaowu Silk Weaving Mill.
film and yarns are imported from the U. Miss Li Website: www. 113 . because film-grade chip is unprofitable. Address: Binghai industrial strict. cation dyed of DTY. development and production of raw materials of chemical fibre. Zhejiang Cifu sells its products both in China and abroad.. 5621130. It specializes in the research. Shaoxin 312073. China Tel: +86-575-5101220. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. POY and FDY 400 thousand tons (including 300.000MTs of different specifications of semi-dull.000MTs of melt direct spinning and 100. cation and other special chips. All the key equipments of polyester.. Xu.cifugroup. P. semi-dull. The company has 6 production lines of small polyester. The company produces cation and other special chips but not film-grade chip.15 Zhejiang Cifu Group Co.S. Germany.com 1) Company Background Zhejiang Cifu Group Co. France and Italy. Ltd. BOPET and medicine fields.A. Zhejiang Province. The output is 150MTs/day.R. which produces 400. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. Japan. seven corporations and one research institute center as its subcompanies.They claim the company started to produce PET chips ten years ago.. Specifications They claim the company offers bright. Zhejiang Cifu has more than 3.600 staffs and over 10% have been educated in college. The company has passed ISO9001.000MTs of chip spinning). Zhejiang Cifu consists of two factories. It is a comprehensive enterprise with USD500 million of total assets. V-3. Ltd. covering 2 million m2.
2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET.000MTs of high-speed film grade BOPET material and 120. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. Ltd. including film-grade. The price of film-grade chip is USD110/MT. Tel： +86-575-8038368. Ltd. 114 . China.R. They disclose the company cannot offer semi-dull chip at present.500 employees..In 2003. Ma Website: http://www.16 Zhejiang Zongheng Group Co.zgsc. cation. covering. because its production is in accordance with purchasing contracts. and so on. 8038160 Person to Contact: Mr.. V-3.000MTs of BOPET..000m2 of construction area. Sales and Export The company has the import and export license. Zhengjiang Zongheng covers an area of 667.000MTs/year and the daily output is about 300MTs. It has five economic entities. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co. The capacity of film-grade chip is 200.htm 1) Company Background Zhejiang Zongheng Group Co. P. Its total assets reached RMB1. Ltd. They claim their products are sold both in China and oversea countries. Ltd. Address: Industrial Economical Development Zone.. fibre-grade.000m2 including 280. It is predicted to be put into production in 2005. which can produce 200. such as Europe and Southeast Asia. Doumen County 312071.. Price and Specification They claim the company produces many specifications of PET chips. It has 4. Zhejiang Province. 8039725 Fax：+86-575-8038161.cn/rx/ZONGHENG/twjs. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co.6 billion. Meanwhile.
The company covers 334.000MTs/year. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. 38. The production capacity of polyester and filament of Hunan Jindi is 100. 12 production lines of FDY and 4 production lines of POY. Ltd.R.. 120 million meters/year The company sells its products all over China and exports to Southeast Asia. respectively. Yuetang District. The company passed ISO9001: 2000. with the total investment of RMB1. Hunan Province. Address: No.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. 160.000MTs/year. V-3. 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. The registered capital of the company is RMB250 million.000MTs/year Garment materials.000MTs/year Differential fibre.17 Hunan Jindi Chemical Fibre Co. Liu 1) Company Background Hunan Jindi Chemical Fibre Co. Xiangtan 411101.The company has six batch polymerization production lines. 40.000m2 and has 590 employees. and France. The product structure is as follows: PET chip. Germany. Shuyuan Road. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 .. Ltd. Europe and so on. P. The company introduced major equipments for polyester and spinning from Switzerland. They refuse to reveal more information.087 billion.. etc. 100. was established by Hunan Economic Construction Investment Company. including 248 professional technicians.
such as petroleum products. The company itself consumes 4. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972.1 million MTs/year Synthetic resin and plastics. Ltd. 950.8 billion and 28.000MTs/year Synthetic fiber raw material and synthetic fiber. synthetic resins and plastics. synthetic fiber raw materials and synthetic fibers. Address: No.18 Sinopec Shanghai Petrochemical Co.com.000MTs/month. It produces semi-dull fibregrade PET chip. Price They disclose the factory price is RMB10.38 million MTs/year 116 .000MTs/year Petroleum and petrochemical products.spc. synthetic fibers and plastics. Zhang Website: www. 14 million MTs/year Ethylene. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. petrochemical processing. R. manufacturing of plastics and synthetic fibers. SPC has total assets of RMB 28. 5. It specializes in highly integrated production and operations of petroleum products. covering an area of 9. Their filament products are exported to foreign countries. The product structure of SPC is as follows: Crude oil. SPC has 72 sets of main production plants including oil refining.000MTs/month. 1.cn 1) Company Background Sinopec Shanghai Petrochemical Co. and current output is 8.4 square kilometers. V-3.000MTs/year. The company produces over 60 different types of products in 4 categories.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. By the end of 2004. intermediate petrochemicals. They claim the production capacity is 100. 200.48 Jinyi Road Jinshan 200540 Shanghai China P. Sales They claim the company has the import and export license. At present.500 staff members on the regular payroll. Ltd. The company carries out production in accordance with purchasing contracts. petrochemicals. 950.
Sales They comment that current market of PET is unfavorable.000~11. 100. Its total assets were RMB144. SPC was listed on the Shanghai Stock Exchange. V-3. the production capacity was 80.000MTs/year Polyester filament. Ltd.. At that time. PET chips cannot bring much profit. technology of polyester staple production line from Japanese TOYOBO. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. in 1993.000MTs/month. At present. 2) Situation of PET in 2005 . Sichuan Polyester covers an area of 220. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company. the production capacity is 8. The production structure of Sichuan Polyester is as follows: PET chip. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. was set up by Sichuan Investment Group Co. Ltd.88.China.R. They disclose that the price of PET chip went up last week.scjz.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC.It has 963 employees. Zigong 643010. Juxin Road..911 million. Current price of semi-dull chip is RMB10.. 70. Sichuan Province. Da’an. Zigong Investment Company and Sichuan Textiles Group Co. Address: No.19 Sichuan Polyester Co.000MTs/year.000MTs/year. -Price and Specification The specification of PET chip has bright and semi-dull chips. Ltd. the price of raw materials rises accordingly. Ltd. . 20. technology of filament production line from Swiss Inventa and equipment from Barmag AG.In June 1993. Kong Website: www. It started to produce PET in 1982. 117 ..800/MT. P.000MTs/year Polyester staple.000m2.com 1) Company Background Sichuan Polyester Co. As the price of petroleum goes up.
Ma’an Town.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. dyeing & printing. -Price The factory price is RMB10. Sales They disclose most PET chips are kept to produce polyester filament and staple. P.000MTs/year each from Germany Zimmer AG. And 100. real estate. V-3. heat and power plant. Major products of Zhejiang Yuandong include: POY FDY 118 . 80.000 MTA polycondesation capacity (in which 420.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment). Shaoxing. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. 300.000MTs/year. polyester staple fiber. The company produces PET chips in accordance with the purchasing orders. East Street.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag.yuandonggroup. Japan Morata & Teijin seiki.China Tel: +86-575-4816306.20 Zhejiang Yuandong Chemical Fiber Group Address: No. totaling 800. Only a small part is sold out.000MTs/year DTY and 120 million meters colored fabrics for customer processing. 1. Li Website: www.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder.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. polyester filament. At present. 500/MT. Zhejiang Province. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200.R. draw texturing.000MTs/year polyester chips. They disclose the price changes frequently because the price of raw material goes up quickly. 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.
Zhejiang Hengyi covers an area of 530. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German. Currently it only produces fibre-grade PET chip. P. 35 million meters/year 119 . The company itself consumes some PET chip to produce polyester filament.. (Zhejiang Hengyi) is a state-owned enterprise established in Oct.hengyi. The product structure is as follows: PET chip. 80. 82797888 Fax: +86-571-82759919 Person to Contact: Mr.21 Zhejiang Hengyi Group Co. 1994.000MTs/year Garment fabrics. Ltd. Zhejiang Hengyi specializes in the production of polyester.000 staff members. 520. Address: Yaqian Town.R.Price The price is about RMB10.000MTs/year Met direct polyester filament. It carries out production in accordance with purchasing orders.Sales and Export They claim the company has the import and export license. Xiaoshan District.000MTs/year Polyester staple fibre processing.Production They disclose the company has produced for four or five years.com 1) Company Background Zhejiang Hengyi Group Co. 300. The total asset of this group is close to RMB5 billion. Shi Website: www. filature and weaving as well as R & D and trade.DTY Staple fibre PET chip 2) Situation of PET in 2005 . . They disclose current output is about 600MTs/day.China Tel: +86-571-82799247. 300/MT at present. V-3. Ltd.. Zhejiang Province. . It changes in accordance with the market situation.000m² and employs more than 4. Hangzhou 311209.
. V-3. The fibre-grade PET chip in this company is semi-dull chip. . 120 . P. The company also produces polyester filament and polyester staple fibre. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips. The company passed ISO9002 in 1998. 2) Situation of PET in 2005 . Address: Dongji Sub-zone. and they claim the price is not high in the market. Guangdong Province. and the capacity of 75. Huang Changzheng.Production The company only produces fibre-grade PET chip. Ltd.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre. US and Japan trilateral joint venture enterprise with investment of USD70 million. The company has the import and export license.000 area of land. Its workshops cover 80.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10..22 Guangdong Guangzhou Yamei Polyester Co. . thus it only sells a part of PET chip. Guangzhou 710730.Zhejiang Hengyi exports its products to foreign countries. ] They claim the production technology and facilities are imported from DuPont Company. Guangzhou Economic & Technological Development Zone.000MTs/year. Ltd. (Guangzhou Yamei) is a China. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co.R. +86-20-82215900 Person to Contact: Mr.600/MT.China Tel: +86-13925187591.
The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. Ltd.. Among them.23 Guangdong Fushan Chemical Fibre Complex Co. chips used for non-ordinary type fiber.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14.fcf.000MTS/year. accounting for 1/6 of total staff..cn ` 1) Company Background Foshan Chemical Fibre Complex Co. Total production capability of the company is 150. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72. Foshan Synthetic Fiber Plant and Spinning Thread Plant.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. Address: No. Guangdong Province. The company has four factories: Foshan Polyester Chip Plant. Main products of this plant include: semi-dull and bright chips. since the Property recombined in 1997. Dong Website: www.R. P. Ltd. The continuous polyester viscosity increment facilities of 20.000 tons/annum. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China. Fuluo Road. 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 . The company has more than 400 experts and technicians. Foshan Polyester Filament Plant. V-3. Foshan.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips. Chancheng District. senior engineering technicians account for 10% and medium engineering technicians account for 30%.com.45. (Foshan Chemical)..000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. Ltd. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998.
With respect to PET filament.24 Hainan Xingye Polyester Co. Ltd. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008. Ltd. is very large. and the company also produces polyester filament. Its production capacity is about 180.. Wang 1) Company Background Hainan Xingye Polyester Co. The company has two production lines of PET. Ltd. and all materials for PET are exported from foreign countries. The daily output of PET chips is 230~240MTs. (Hainan Xingye) was set up by Hainan Textile Industry Company. Ltd.They claim that the production capacity of PET chips in this company is about 70. They also disclose that this company is a state-owned company and it is in the process of restructuring. Sales and Export They disclose most PET chips produced by the company are used to produce filament. also produces PET chips. thus the both production lines of PET are carrying out full-scale production. V-3. The production capacity of filament is 35. the output of Guangdong Kaiping Polyester Enterprises Group Co. Ltd. Hainan. about 400. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Hainan International (Oversea) Investment Co. which is a downstream product of PET chips. Haikou.19. Address: No.. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. and only a small part is sold to others. Raw Material They disclose raw materials are expensive at present. 000/MT.000MTs/year and it is the midseason for filament at present.China. Price Current price of PET chips is claimed to be about RMB11. P.000MTs/year.R.000MTs/year... BOC Haikou Trust and 122 .000MTs/year. Gang'ao Industrial District.. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Xinye Road.
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.000MTs/year.Investment Company.000MTs/year. Ltd. 000m2. In 1992.R. It covers an area of 117. Chemical products.Production They claim the company has been produced PET chips for about ten years. The capacity is 160. the capacity of PET filament reached 60.. . Chemical fibre. In 2002.China. P. while the price of polyester products is comparatively relatively low in the market.25 Sichuan Guangkang Chemical Fibre Co.000MTs/year. the capacity of PET Polyester reached 60. At present.(Sichuan Guangkang) is a joint venture. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. Ltd.. The production capacity is 60.000MTs/year. Ltd. Because raw materials are expensive. the company’s operation is in the process of loss. At present. They disclose the company will not sell PET chip in the future. The capacity of PET downstream product filament is 60. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co. Sichuan. Guanghan.. The total investment is about RMB 350 million. accounting for 35%. Spin materials. V-3. 2) Situation of PET in 2005 . 123 . Hainan completed its first phase of PET project was completed. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. In 1995.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. Main products of this company include: Polyester chip. Address: Shaoxin Road.
R.China (PET resins factory) Tel: +86-754-8231485.000MTs.85. However. it supplies PET products to long-term clients as well. Xu. 8603975 Fax: +86-754-8251298 Person to Contact: Mr. Mr..soe-film.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. Sales and Export Most PET chips produced by this company are consumed by the company itself. Address: North side of Xigang Bridge. Shantou 515041. P. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0.cn 1) Company Background 124 .China (PET films factory) No.000MTs/year. Huange Road.com. V-3. Ltd. 000.Cai Website: www. In addition the company is exclusive producer for PET in southwest District and northwest District.000MTs/year non-fibre-grade PET chip.78 and above 0.26 Guangdong Shantou SOE First Polyester Films Co. The Production capacity is 40. The company has passed ISO9002 and got American FDA certification. its production capacity is 40. P. Here the products occupy 95% of polyester chip in marketplace.37. 30. and started the first phase. and monthly output is more than 3.000MTs/year PET project in 1995. Guangdong Province. 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. of the 60. At present. Daxue Road.000MTs/year. but they disclose this price is negotiable. The price of bottle-grade chips is RMB11.R. Guangdong Province. Shantou515041.
The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA. Ltd.. Shantou SOE has equipped two sets of independent additives preparation systems. film grade PET chips are include audio base film. etc.. SOE consists of Shantou SOE First Polyester Films Co.. homo.. etc. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company.. video base film and packaging PET films. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. Major PET chips include film grade and bottle grade bright chips. Film products of this company include: audio base grade PET films packaging grade PET films hot . It produces PET and BOPET.Shantou SOE First Polyester Films Co. (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA).008-0.. (Shantou SOE) is a joint venture company. Ltd. Ltd. 125 . The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE).036mm) and width range is 330mm-1500mm. 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.PET and co-PET chips. Shantou SOE First Polyphenyl Co. 2) Situation of PET in 2005 Production The company is a joint venture..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. Ltd.
Their products are sold in China and aboard such as Europe and America. Species.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. Urumchi 830019. P.com 1) Company Background 126 . But because production capacity is little. They disclose that at present his company has no PET stock for packaging industry. Xinjiang.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. The price for film chip with additive is RMB10. They disclose their clients purchase PET products to produce drink bottle. PET chip includes film grade and bottle grade. table-water bottle and so on. They claim the production technology and facility of BOPET was imported from German Bruckner. the consumers mainly distribute in local area. which are produced by the company itself. 500/MT. The company adopts glycol and PTA as the raw materials.upc-chem. 500/MT and RMB11. 000. and film grade chip has two species. R.000MTs/year currently. the production capacity is 3. 000~RMB30.000MTs/year. Sales and Export The company has imported and export license.They claim the company has been producing PET film for more than ten years. film chip with additive and bright film chip (without additive). canned bottle. later than PET film production. They disclose that the market of PET chips was not very good last year. V-3. At present. and they can produce different species according to clients’ requirements. The prices are effective for about one month. With respect to PET chips. and it increased to 15. They comment that the prices are slightly high.000MTs/year and the output last year is claimed to be 3. film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. At that time the designed capacity was 12. Price & Packaging They claim the company has many species of PET film products. they claim the company started to commence the production in 1990.000MTs.
amino-plastics. Zhejiang Province. burning-proof bubbling foam materials and liquid ammonia. Products of UPC are sold in China and exported to many countries and regions such as Russia. Current output is 700~800MTs/month.com 1) Company Background 127 . P.. Ltd Address: Hangzhou Bay New Zone. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years.000MTs/month at most. UPC consists of Chemical Factory. long-efficient urea.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. Zheng Website: www. But usually they don’t export PET chips V-3. The Chemical Factory of UPC has passed the ISO9001: 2000. 200/MT. Sales and Export They claim UPC has import and export license.R. Cixi 315334.000MTs/year. It has already established serial development and production organization of relative products such as amino. Power Plant as well as some specialized service organizations such as equipment installation. They estimate the price will go up next month. carbon dioxide. 1.28 Zhejiang Zhenbang Fibre Co. material supply. Southeast Asia and Middle East. resin powder. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. Plastics Plant. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998.zbcfc.China. Current price is RMB10. engineering and transportation.
29 Henan Luoyang Nanfeng Polyester Co.1 polyester fiber factory and No. and holds the stocks of Ningbo Donghong Fibre Co.. and also provides consultation and service of polyester producing system. Zhejiang Zhenbang owns No. Ltd and Ningbo Anbang Fibre Co. Ltd. Ltd. Ltd. (Luoyang Nanfeng) is held by China Airbome Missile Academy.com 1) Company Background Henan Luoyang Nanfeng Polyester Co.000MTs/year. Address: Lichun West Road.R. P. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. Ltd. Luoyang Nanfeng specializes in the research and production of different polyester chips.000MTs/month after maintenance. Its total assets have reached RMB1 billion.000MTs/year. The company also produces filament with PET melt.Zhejiang Zhenbang Fibre Co.. It has 1.000 square meters. Its main products include: polyester chips staple fiber filament DTY elastic fiber colored PP filament 2) Situation of PET in 2005 They disclose that the company’s production facility is in the process of maintenance and it has stopped production.300 employees and covers an area of 635. The company was established in May 1997. All PET chips produced by this company are for sale. The production capacity of PET chips is 1. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and.lypet. Its annual capacity is 200.2 polyester fiber factory.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr. V-3. Luoyang 471003. The production will not be resumed until Sep 15. Henan Province. The production capacity is 20. They claim the company is an integrated enterprise and have been producing PET chip for two years. The company’s differential PET chips include: 128 .. Ling Website: www.. (Zhejiang Zhenbang) was founded in 1990.
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. The company also produces bottle and film grade chips.600/MT. They disclose that the company mainly produces special PET chips. The production capacity is 1. 500~10.000MTs/month. but the quantity is small. They are willing to offer bottle and film grade chips for long term. 129 . The company carries out production according to purchasing contracts. Price They disclose that the factory price is RMB10.
. latest type electronic elements and energy-saving power equipment. and Anhui Tongfeng Electrics Co. According to the contract. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor..R. About SKC SKC was established in 1976. information and electronic materials such as thermal ribbon for video printers.. and also produce imaging. SKC is the fourth largest polyester film producer in the world and the largest in Korea. 2004. Ltd. the registered capital of Anhui TSF will be USD12 million. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. which can be used in almost all white goods. solar control window film for automobiles and buildings. Anhui Province.. metallized film and film capacitors. P. The company will be put into production in 2006. (Anhui TSF) in Tongling. It is a sub-company of SK Group in Korea.1 Anhui TSF Electric Materials Co. SKC mainly produces polyester film. Anhui Tongfeng mainly produces a complete series of capacitor film.China 1) Company Background SKC Co. Anhui Province on Nov. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. Ltd. Ltd. 130 . Address: Tongling. Anhui TSF will produce polyester film for capacitor. Ltd.V-4 Potential New PET Manufacturers V-4. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. and dicing tapes for protecting and holding semiconductor wafers.
V-5 Closed PET Manufacturing Sites Not available. 131 .
This action might not be possible to undo. Are you sure you want to continue?