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- A Preliminary Study
Researched & Prepared by:
Guangzhou CCM Chemicals Co., Ltd. Guangzhou, P. R. China
Copyright by Guangzhou CCM Chemicals Co., Ltd. (P. R. China) Any publication, distribution or copying of the content in this report is prohibited. Website: www.cnchemicals.com Tel: +86-20-3876 8926 Fax: +86-20-3876 8956
Content Executive Summary Global Overview of PET PET Market in China Introduction and Methodology Technology Development Historic PET Technology Trends Introduction to DMT Technology Introduction of PTA Technology Current PET Technology Assessment Innovations in PET technology Product Types of PET Comparison of Chinese and Foreign Technologies Market Trends and Forecast Foreign Involvement in Chinese Production Key Factors influencing PET Production PET Production Difficulties Competitiveness of Chinese Production and Supply Raw Material Supply Situation PX PTA EG Historic PET Market Development Historic Import and Export Analysis of PET Role of the Government in the PET Industry Driving Forces in the PET Industry Historic and Current Market Size Quantitive Forecasts of PET Market to 2010 to 2015 Consumption Patterns of PET Analysis of PET Applications Key Factors Influencing the Mass Consumption of PET Consumption in Fiber Consumption in Thin Film Consumption in Package Resin Consumption in Other Fields Summary of Major End Users Demand for PET and Future Growth Areas Price Trends Historic Pricing of PET Factors Resulting in Price Changes Company Information Chinese Traders Importing and Exporting PET Foreign Companies in China Dragon Special Resin (Xiamen) Co., Ltd. Shanghai Lianji Synthetic Fibre Co., Ltd. Jiangsu Changzhou Worldbest Radici Co., Ltd. Jiangsu Changzhou Andenie Polyester Co., Ltd. Far Eastern Industrial (Shanghai) Co., Ltd. 3 3 5 6 7 7 7 7 9 12 16 17 19 19 20 25 27 29 29 31 34 37 38 51 53 55 56 61 61 62 68 69 70 71 72 74 76 76 78 80 80 91 91 92 93 94 95
Part I I-1 I-1.1 I-1.2 I-2 I-3 I-4 I-5 Part II II-1 II-2 II-3 II-4 II-5 II-5.1 II-5.2 II-5.3 II-6 II-7 II-8 II-9 II-10 II-11 Part III III-1 III-2 III-3 III-4 III-5 III-6 III-7 III-8 Part IV IV-1 IV-2 Part V V-1 V-2 V-2.1 V-2.2 V-2.3 V-2.4 V-2.5
V-2.6 V-3 V-3.1 V-3.2 V-3.3 V-3.4 V-3.5 V-3.6 V-3.7 V-3.8 V-3.9 V-3.10 V-3.11 V-3.12 V-3.13 V-3.14 V-3.15 V-3.16 V-3.17 V-3.18 V-3.19 V-3.20 V-3.21 V-3.22 V-3.23 V-3.24 V-3.25 V-3.26 V-3.27 V-3.28 V-3.29 V-4 V-4.1 V-5
Hunomik (Shanghai) International Trade Co., Ltd. Profiles of Current Domestic Producers Sinopec Yizheng Chemical Fibre Co., Ltd. Jiangsu Xinye Plastic Chemical Co., Ltd. Liaoning Liaoyang Petrochemical Co. Ltd. Guangdong Kaiping Polyester Enterprises Group Co., Ltd. Guangdong Zhuhai Yuhua Polyester Co., Ltd. Zhejiang Chemical Fibre Joint Co., Ltd Shandong Jinan Zhenghao Advanced Fiber Co., Ltd. Sinopec Corp. Tianjin Branch Sinopec Luoyang Petrochemical Complex Zhejiang Tongkun Group Xinjiang Tunhe Polyester Co., Ltd. Heilongjiang Longdi Stock Co., Ltd. China Pushi Group Co., Ltd. Jiangsu Wujiang Silk Group Co., Ltd. Zhejiang Cifu Group Co., Ltd. Zhejiang Zongheng Group Co., Ltd. Hunan Jindi Chemical Fibre Co., Ltd. Sinopec Shanghai Petrochemical Co. Ltd. Sichuan Polyester Co., Ltd. Zhejiang Yuandong Chemical Fiber Group Zhejiang Hengyi Group Co., Ltd. Guangzhou Yamei Polyester Co., Ltd. Guangdong Foshan Chemical Fibre Complex Co., Ltd. Hainan Xinye Polyester Co., Ltd. Guangdong Shantou Soe First Polyester Films Co., Ltd. Sichuan Guangkang Chemical Fibre Co., Ltd. Xinjiang Urumqi Petrochemical Complex Chemical Factory Zhejiang Zhenbang Fibre Co., Ltd. Henan Luoyang Nanfeng Polyester Co., Ltd. Potential New PET Manufacturers Anhui TSF Electric Materials Co., Ltd. Closed PET Manufacturing Sites
96 97 97 98 99 100 101 102 103 104 105 107 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 126 127 128 130 130 131
The growth rate of PET demand in Asia especially China is the fastest in the world. PET manufacturers still can obtain profit because the cost of raw materials dropped. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. As the application technology gets mature increasingly. the import of low-price PET will strike the United States in 2007. However. In 2004.Executive Summary 1. 3 . and the price ever rose to USD1. 2005. Recently the price of raw materials rose again. However. It is estimated that the demand of PET in Asia will account for 29% of the global demand. Middle East and Africa will still account for about 30%. Although the International Trade Commission of the United States decides to nullify the import tax on PET. decreasing import as well as few newly-built facilities. the price of PET in North America goes up. DAKAmericas. and PET producers have increased the PET price RMB88/MT since Aug. the import volume of PET in 2004 decreased 44% to 150.25 million MTs/year increment of PET production capacity in 2005 and 500.000MTs/year in 2006. it is estimated that the import of PET in the United States will keep stable this year. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. the price of PET decreased USD209/MT. As the demand off-season comes and the price of raw materials slides down this year.000MTs compared to 2003. Some PET producers have announced to invest new PET facilities. the price increment of PET in the United States was as much as USD594/MT. Global Overview of PET . According to statistics. that in North America will slide down from 50% in 1990 to 41%. there will be a 1. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. Because of the high operation rate and large price increment of the raw materials.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. Due to the strongly resuming demand. that in Europe. 760/MT in Dec. together with the antidumping tax imposed on the PET imported from India. Although the growth rate of demand is higher than that in Europe and North America. Indonesia and Thailand by . 2004. Asia becomes the key region of PET demand. For instance.
and the global consumption of PET bottles arrived at 6. and the application in other fields only accounts for 1. transparency. At present. In 1995. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. Since PET entered the market.4% in Chinese bottle marketplace.8% of global PET was used to produce chemical fibre. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. about 14% of global PET output was used to produce film. more than half of global PET was used to produce chemical fibre. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market. At present. The proportion of fibre-grade PET will drop in future years. In 2004. and North America will become the largest market in the world with the consumption volume over 250. PET is mainly applied in fibre. In past years. black tea. The operation rate will be as low as 60%. It is predicted that such situation will turn better until the price of raw materials falls down. it doesn’t react with other drink and produce ill odor. 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. PET producers in West Europe restrict the import of PET through antidumping. In 2002. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. Asia-Pacific will follow North America. bottle and film fields. which will reach 4.8 million MTs in 2003. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005.4 million MTs/year.6 million MTs in 2004. and this proportion will be up to 17% in 2005. and in 2004 this volume increased to 31. easy to re-airproof.000MTs. If new PET facilities are put into production on schedule. In developing countries. the consumption volume of bottle-grade PET in the world was 5. 54.5 million MTs. oolong. 4 .7 million MTs. In 2002 the PET output volume in the world was 26.In 2004. especially the price of materials is low.000MTs. the overplus of PET production capacity in Asia was about 2.6% of total consumption. with the consumption volume of 235. film-grade PET will take a larger part of PET production in the world. In future years. Because the capability of PET resin is steady. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57.4 million MTs/year. the press on the profit ability in European PET industry will continue to exist. At the present the PET has been applied in drink. the product is used for many fields for its excellent properties such as light weight.
From 2005.5%. In China. Meanwhile. it created conditions for Chinese polyester products moving to international market. far higher than other countries. PET Market in China During 2000 to 2004. 5 . China is a large PET consumer. Chinese polyester filament output increased 24%. and lays the foundation for the continuous development of textile industry. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. about 10% was consumed in packaging field and 5% was used to produce film in 2004. the average annual growth rate was much higher than that in the world. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. and polyester staple fibre increased 22%. Although the rate of operation of PET in China was not enough.2. accounting for 49% of global output (exceeding 7 million MTs). the output in China grew rapidly in 2004. about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). accounting 42% of the global output. With respect to the output of chemical fibre. which will drive the consumption volume of PET. The consumption volume of PET products in China increases at the rate of 8. Chinese PET production capacity accounts for over one third of global PET production capacity. and its proportion in global chemical fibre output increased from 36% to 40%.
The aim of this report is to provide basic understanding to the Chinese manufacturers.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. even if they already stopped. This report is presented in five parts: The main body-Technology Development. magazines. The detailed findings of each manufacturer has been edited and summarized for reference. plan. In order to obtain the details situation of Chinese manufacturers. discussing and summarizing the production situation in China form aspects of present production situation. market view. All the Chinese manufacturers have been located. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. consumption. etc. in order to uncover the situation of each producer from aspects of capacity. extensive telephone interviews have been conducted. In most instances. raw materials. 2005. journals. Market Trends and Forecast. etc.10RMB 6 . technology. production. etc. Rate: 1USD=8. production level. Consumption Patterns of PET and Price Trends. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. etc. The appendix-Manufacturers in China. consumption. introducing the major producers in China based on the extensive telephone interviews. either those who are active in production or those who are idled now. The information in this report is dated to Sep. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. export.
2 PTA Technology PTA technology adopts PTA and EG as raw materials. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . After polycondensation reaction between PTA and EG. and cutting PET into chips or granules in water. Ltd.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction.000MTs/year PET chips production line into production. Sinopec Yizheng Fibre Chemical Co. I-1. few PET producers take this technology in China. Now in China. At present.. DMT technology and PTA technology. then PET can be obtained through polycondensation reaction. put its 60. I-1. The production flowchart of PET is as follows: PTA Esterification. The following is the brief introduction of the two technologies. PET product for distribution is produced.Part I Technology Development I-1 Historic PET Technology Trends In 1984. most of the PET manufacturers adopt two production technologies to produce PET polyester.
• • 8 . the reaction pressure should be higher than atmospheric pressure. The optimum reaction temperature is within 275~290 ℃.1~1.2:1. during the esterification phase. And the reaction temperature should be higher than the boiling point of EG for the same reason. The mol ratio between EG and PTA is within 1. The reaction balance should be broken to let this reaction move to the right direction. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). Thus the polymerization degree and reaction speed can be improved. and be various in terms of various reactors. The key points in the second step include: • • • • In order to shorten the reaction time. Time for polycondensation reaction is two hours at least.
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 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. Because of the special requirements of hot filling PET bottle. Here the definition of two-step process is different from that of cold filling PET bottle. while the energy consumption is low. and the one-step process needs to make corresponding operation to the bottle top when moulding the bottle preform blank while the two-step only needs to do such operations before heating. I-2.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. stretching and blowing molding machine. In general.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. only two-step process can be adopted. being stretched and plastic blown. if PC is taken as the material of bottle top. both one-step and two-step can be adopted to mold the bottle top first. the investment needed is not large and it is easy to operate and maintain it. The difference is that one-step process is completed by one plastic-injection. If the material of bottle top and bottle body is PET resin. while the production of bottle blanks and plastic-injection. The automatization level of this process is high. Two-step technology is that pipe blanks are heated. One-step process is also called thermal forming. stretching and blowing in the twostep process are completed by two separate machines.1 Introduction of Cold Filling PET Bottle Molding Technology At present. There are special requirements on the bottle top. stretched and blown plastic after being deposited for more than 24 hours.I-2. The automatization level of this process is low while the energy consumption is high. the equipment of this process is simple. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines. The one-step and two-step processes are basically similar. However.6. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. then to another position. the molding process of one-step technology is unlike the process of two-step technology.6. The two-step production process of hot filling PET bottle is: 10 . I-2.
PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product. 11 . This method is widely used in hot filling PET bottle production at present.
4 Multi-layers Technology 12 . which will be a profit spotlight. PEN has a high heat enduring performance. milk and fruit juice industries. equipments. I-3. I-3.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. preventing CO2 from emanating out. which makes the fresh-keeping period of beer in PET bottles reach 100 days. tea and other drinks needing hot filling packaging.5L and 2L beer bottles. and the packaging requires enduring 6267℃. Thermal forming bottle is fit for 85℃ filling requirement. They are thermal forming bottle. Even minimum oxygen in the packaging container will make the taste of beer changed. as the major function of PET packaging material. These requirements become key problems in the development of plastic beer bottle. three categories of heat endurable polyester bottles have been developed. At present. Therefore. liquid and other infiltrations. highly obstructive performance is attached more and more attention. In order to replace the glass bottles and metal cans packaging in beer.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. Therefore. I-3. It can be produced into over 80℃ hot filling bottles. and are developing 1. highly obstructive PET is mainly used in food and beverage packaging industry. they are constructing new factories and plan to carry out large-scale production. After thermal forming. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. At present. They have experimentally produced 350ml and 500ml PET bottles. preventing water or vapor from damping the products. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. for the huge future market potential. Meanwhile. the bottles can endure over 90℃. such as preventing oxygen from oxygenating the food.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. 95% of beer in China is produced with pasteurization method. I-3. They adopt co-injection and blowing pulling technology. processing and PET performance improvement. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. preventing aromatic flavor from emanating out.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. while the lost of CO2 in the beer will have impact on the bubble effect. At present.
5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. commented by Farha and Wallace. I-3. Even though the high price and the challengeable recycling job. The demand of EVOH increased 13 . and is estimated as another method to improve the sealed performance of polyester.Three-layer or five-layer bottles can be produced. EVOH and MXD6 and PEN. Amosorb is a positive interlayer. Barnaby Wallace and Mr. Amosorb is used in the more profitable multilayer bottles. Switzerland. which was headquartered in Britain. And later BP purchased Amoco Corporation. Farha commented that the using amount of un-returnable drink bottles will increase. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. Mr. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. As transparent polyester. In 1998 Amoco Corporation put Amosorb into commercial production. The other question about multilayer bottles is the recycling question. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. used as oxygen absorbing agent in packaging industry. Mr. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. At first. 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. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. EVOH is an efficient material with high gas-resistance performance. developed Amosorb DFC that is a kind of polyester. the purchasing managers respectively from Coca Cola and PEPSI. having permanent oxygen-absorbing function. BP Corporation. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. Said Farha. In China about 70% of products from Coca Cola are distributed by distributors. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. which means that the low-cost well-sealed packaging bottles will have a huge market potential. Thus these beverage products need well-sealed packaging. or carry out plasm disposal (ACTIS technology). EVOH can improve the resistance performance of PET bottles over ten times. 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.
In the United States the total market value of PET for bottles was about 4 billion pounds (1. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. resistance property of which is 14 . lower gas absorption. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. difficult to be recycled. there are naphthalene nucleuses instead of benzene rings.rapidly along with the rapid demand of PET bottles. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. the gas-resistance property and heat endurance of bottles have been improved. chemicals resistable. Hull. it is only adapted to asepsis filling due to its low heat endurance. They have produced semi-transparent beer bottle sample. complex technology and special requirements on equipment. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24.000MTs/year EVOH manufactory in Saltend. Miami and other five cities. 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. 2004. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. So PEN have good performances of gas obstructive. it can be disinfected with alkali and recycled. which meet the requirement of three to six months of retention period of beer.000MTs/year. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. whose sales number of the bottles added up to 300 million. The above two methods have disadvantages of low transparency. Nippon Gohsei constructed a 15. England.7 Nanometer. Chinese beer industry generally adopts pasteurization method after filling. and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market.81 million MTs). Meanwhile. It is reported that the resistance property of NPET is stronger than ordinary PET. The difference between PEN & PET is only on the molecular side chain. and the market size of EVOH and MXD6 was about four hundred million pounds (180. I-3. UV obstructive (UV of wavelength under 383nm can be obstructed). which reduces the cost.PET Bottles In Oct. heat resistable (Tg＝112～ 123℃). put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. Since 2002 the demand of EVOH in Europe has increased with 15% rate. On the molecular side chain of PEN. In the United States and Western Europe. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit. Although its gas-resistance property is improved. I-3.000MTs).
This new technology can produce 0. With stable and reliable performances.9 Glaskin TM from Tetra Pak China In Apr. Glaskin TM and Sealica TM. the heat endurance property has been improved.. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. Ltd.000 bottles an hour. injecting a layer of high-resistant polymer on the PET bottle top blank. every product packaged in the bottle can achieve the longest storage life.said 3-4 times higher than PET bottle.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.2-2L consistent high resistance PET bottles. Through improving PET’s heat endurance and gas-resistance properties. A Glaskin TM bottle including label and faucet only weighs 34g. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. Its process adopts coating the internal of PET bottle a monox layer. and its coating rate is as high as 6. this kind of products has already met the technologic condition of large-scale production. which offers excellent gas-resistance and fragrance-keeping property to products. 2005. 15 . it will not be damaged in the process of transportation and deposit. Glaskin TM technology aims at highresistance packaging applied in beer. while the production cost is lower than that of glass bottle. thus less pollutant is produced during transportation. The future of NPET is favorable. Compared with ordinary PET bottle. It achieves the same effect as glass bottle does. Tetra Pak China Co. put out its newly developed two technologies. Because the layer is coated in internal surface of the bottle. the transportation weight of each Glaskin TM bottle reduces 320g. Therefore. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET. Meanwhile. the fresh-keeping period is prolonged over 6 months. The thin monox layer can be recycled by current PET recycling equipment. Glaskin TM is a patent technology of Tetra Pak.000-18. for beer and juice market. I-3. I-3.
bottlegrade chip and film-grade PET chip. insulated film and so on. magnetic-film. bright chip. Film-grade PET chip is used to produce film. Bottle-grade PET chip is used to produce bottles. Its specifications include semi-dull chip. Generally. PET chip can be divided into three types: fibre-grade PET chip.I-4 Product Types of PET PET chips are the earliest developed. include capacitance film. Fibre-grade PET chip is used to produce polyester filament and staple fibre. chip for water bottle. Its specifications mainly include chip for carbonated drink bottle. chip for edible oil bottle and chip for hot filling drink bottle. 16 . widely used polyester with the biggest production volume. super bright chip and cation chip.
Facility Almost all major PET producers in China adopt PTA facility to produce PET. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. neither in foreign countries. there are few such breakthroughs in China. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. However. France. Currently. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. Process The conditions of polycondensation process in China and abroad are basically similar to each other. This is similar to overseas PET producers. Japan. while there is a big difference on the conditions of esterification process in China and abroad. At present. Italy. and the step of technologic innovation falls behind at the same time. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. while foreign manufactures take high EG/PTA and comparatively high temperature for esterification to intensify reaction condition in order to accelerate reaction speed and shorten reaction time. German. In general. With respect to the total reaction time. Britain and the United States are the main technology sources. Some companies aboard have already started to develop the catalyst system using lanthanon. There are few DMT facilities in China. zirconium and natrium and their mixture. Chinese producers usually adopt comparatively low temperature and pressure. aluminum. Catalyst Amongst most catalysts used by PET production facilities. The comparison of Chinese and foreign technologies is narrated from following aspects. Product Quality 17 . there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. there is a gap between Chinese technology and foreign advanced technology at present. the usage volume of stibiumcategory catalysts accounts for 90%.5 hours for foreign producers. silicon.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. it’s about 10 hours for Chinese producers while 3. the technology applied by Chinese PET producers was introduced from foreign countries.
there are still three major restriction factors in PET production which Chinese PET technology cannot solve. including weak intensity of melt. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties.Generally. there is few difference between Chinese and oversea PET products in terms of environmental protection. Technologic Bottleneck Currently. heavy metal and ash. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. The PET engineering plastic products of American GE Company. slow crystallization speed and weak stabilization of size. processing performance as well as the content of aldehyde. 18 . as well as certain pressure-endurance. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. German BASF Company.
In addition. producing and marketing PET film in China in 2006. power.000MTs/year PTA facility put into production. Therefore. the largest single production scale in the world.000MT-grade liquid chemical dock. the fourth largest PET film producer in the world. TSF will achieve sales revenue of USD17. Ltd. After three phases projects completed. The total investment of its first-phase project is USD314 million.. who will offer the raw materials of film-grade chip to TSF. more and more foreign companies. Mitsubishi Daxie Mitsubishi PTA project. water. come to China and set up factories jointly with Chinese large chemical fibre enterprises. which have great influence on PET production in the world. The total investment of the whole project is about USD1 billion. Daxie Mitsubishi PTA project will build 600. it will become the largest PTA project. 2006.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. products produced in China are distributed in local regions. 2005 in Daxie Island of Zhejiang Province. TSF will produce polyester film for capacitor. SKC is a sub-company of SK Group in Korea. which is a Sino-Japanese joint venture project started construction in Jun. SKC South Korean SKC Company.000MTs/year PTA production line. and the cost of production in China is low. After being put into production. and it will be put into production in Sep.6 million MTs.the fourth generation Mitsubishi PTA technology. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. named TSF. including labor. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100.14 million. Ltd will hold the remaining 75% stake. will have a 900. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. will set up a joint venture. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-.. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. 19 . and its annual production capacity will reach 2. and corresponding 50. etc.000MTs/year PET facility in Zhangjiagang.
a wholly subsidiary of Korea Kohap Group in China. Its production capacity is 220. FET Shanghai is a sub-company of FET. and Hong Kong Qiule Development Co.. Nanya Plastics Corp. with total production capacity of 220. (FET) is an important polyester producer in Taiwan. Shanghai Worldbest Co.000MTs/year polyester filament capacity to 130. announced to enlarge its production capacity of bottle-grade PET. Jiangsu Province. FET Far Eastern Textile Ltd.000MTs/year PET production line project. film-grade PET chips.000MTs/year in 2004. In addition.000MTs/year PTA project in Ningbo. It is put into production at the end of 2004. Italian Radici Group Changzhou Worldbest Radici Co.. Ltd. Taiwan Formosa Chemicals & Fibre Corp. jointly set up by Italian Radici Group. 20 .- Qingdao Kohap Polyester Qingdao Kohap Polyester Co..000MTs/year polyester staple fibre facility in Sichuan Province. Changzhou Andenie mainly engages in producing and marketing bottle-grade. plans to set up a second PTA facility in Ningbo.. FET has two production lines of PET.. Taiwan Formosa Chemicals & Fibre Corp. Formosa Chemicals & Fibre Corp. plans to build a 350MTs/year polyester project in Kunshan. Zhejiang Province.. CWRC also invested Euro 65 million into a 165.000MTs/year in 2004. (CWRC). Ltd. but the schedule has not been fixed yet. Huvis Huvis plans to build a 220. Taiwan Nanya Plastics Corp. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. With total investment of USD114 million. it has 50. CWRC’s PET chip capacity is 270.. Ltd.000MTs/year. the largest non-fibre PET chip producer in China.000MTs/year polyester staple fibre and 290. planned to increase its 30. invested a 600.000MTs/year..000MTs/year. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co.000MTs/year polyester filament. Ltd. Ltd. Ltd. which makes its total PET production capacity reach 450. which will be put into production in the third quarter of 2006.
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,
31%. multilayer compound technology is the mainstream of PET obstructive packaging technology.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance.5% to 6. Meanwhile. China is a attractive market for foreign PET producers.5%. the tax rate of PTA was reduced 0. It is estimated that this volume will keep double-digit growth in next few years.growing 19. and that of PET and PX was cut down 1% to 9. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. which makes domestic manufacturers feel pressed. On the basis of the tax rate in 2004.7 PET Price Price is a very important factor that influences the sales of PET. and some PET giants have already set up companies in China. such as strict requirements on plastic processing machines.500/MT to RMB14. 000MTs/year. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products. II-2.7% and 2%. Taking beverage industry for example. PTA and PET by USD5~10/MT. Most imported PET is from Taiwan. Japan. raw material supply and sufficient investment. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future. the PET price has increased from RMB8.5 Customs Tariff In 2005. Therefore. these unfavorable factors have limited the wide application of PET in China. infiltration-resistance and radiation-resistance is still a blank in China. foreign competitors have the advantages in terms of technology. large investment in equipments. Because the raw materials for PET production in China mainly depends on import. which directly stimulated the price of beverage 23 . and the United States. 710/MT in 2003 to RMB13. PTA and PET. South Korea. The price of edible PET materials once roared from RMB 7. The cost of beverage packaging material PET accounts for half of the product cost. Therefore. complicated processing control. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. II-2. During the past two years. 100/MT in 2005. In China. II-2. These technologies have many unfavorable factors. according to the commitment of China’s entry into WTO. Chinese government lowed down the import tax for products of polyester chain including PX. high production cost and environmental pollution caused by recycling difficulties. it’s estimated that the production quantity of this kind of products will increase at a high speed. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. while China only imports a small quantity of PET. It is likely to reduce the import price for PX. China needs to import PET products from foreign countries.
product to increase sharply. end users of PET downstream products have planed to use other package materials in stead of PET if the PET price increases to the level beyond their purchasing capacity. It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. 24 . In addition.
In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. It directly increases the production cost of PET. Chinese manufactures have to import raw materials from abroad. or the improvement degree is not enough. while the output of PTA and EG will be 3. there are some difficulties of PET production. Advanced technology can improve production output and reduce production cost. beer and wine industry. China’s total demand of PTA and EG in PET production will be 11.2 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. Although there are some new or ongoing projects of PTA and EG. domestic supply of raw materials is far to reach the demand. the gas-resistance performance is a technical problem remaining unsolved at present.1 Technical Difficulty Technology is a key factor influencing production. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. II-3. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. shortage of raw material as well as capital problem.15 million MTs. Therefore. mainly including technical difficulty. Therefore. However. while as of now none of them was really accepted by PET users.3 Capital Shortage 25 . and the production capacity of these two materials will increase a lot in recent years. Technology for PET production is still in the process of research and development.74 million MTs and 1. or the performance-improved PET materials bring difficulties for the recycling of bottles. II-3.12 million MTs respectively. In 2005. especially the PET bottle manufacturers of beverage and beer industries in China.5 million MTs and 3. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry. it still cannot supply enough PTA and EG for PET production.II-3 PET Production Difficulties In China. II-3. the shortage of raw materials will still be a serious problem in Chinese PET production.
It needs large capital investment in every production sector. Some PET manufacturers in China stopped some of its production lines for capital shortage. Capital problem is another serious problem in PET production in China. 26 .PET is a capital-intensive and technologic intensive product.
especially the environmental protection will be the next barrier to China. far lower than the 35% average level in the world. Chinese government attaches importance to environmental production. The upstream and downstream products are out of joint. much more fibre-grade PET will be used to produce polyester filament and staple fibre. China has the biggest beverage. Especially after the textile quota was nullified in 2005.1 Distance and Problems Compared to PET production in foreign countries. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. The demand of domestic chemical fibre has not obtained great breakthrough. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. Polyester fibre products account for about 90%. China is also one of the biggest manufacturing bases of electronic products in the world. The contradiction of product structure is serious. which consumes a large volume of fibre grade PET products. there is a large distance and many problems in Chinese PET production.II-4 Competitiveness of Chinese Production and Supply II-4.2 Prospect and Opportunities China has the biggest textile industry in the world. Aiming at Chinese chemical fibre market. beer and food production industry in the world. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. Chinese PET products are inadequate. The United States and European Union set many handicaps to Chinese chemical fibre export. mainly depending on polyester fibre with low value-added in domestic and oversea market. Thus thin film grade PET consumption will keep incredible growth rate in the world. - - 27 . while non-fibre products only account for 10%. - - - - - - II-4. Current Chinese polyester industrial chain is serious unbalanced.
- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business. 28 .
36 million. while the production capacity of PX was 2. During 2002-2003. In 2003. 29 .1. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity.4-6. Since 1990s. II-5. the cost of raw materials accounts for about 75%~80% of the total cost of PET production. The capacity construction lags far behind the growth of the demand. the supply gap of PX in China will be up to 1. In China. the global PX consumption is mainly concentrated in PTA field. The demand and consumption for PX increase greatly for the following reasons: The increasing demand of PTA and the increasing profit of PTA business drive the overburdened running of most PTA facilities in China.12 million MTs/year which demanded 2.21 million MTs to 3. On that occasion. According to custom statistics.5 million MTs/year.000MTs. It is predicted that the gap between PX demand and output will widen further. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007. The supply of PX produces much influence on PET production. while the increment of PX was only 450. However. At present. II-5.6 million MTs. Up to the end of 2005. the production capacity and output of PX increase continuously. the production capacity of PTA in China reached 4. with the consumption volume accounting for about 85% of total PX consumption. as Chinese polyester industry grows rapidly. By 2006.1 PX PX is a principal material of PTA. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. China needs to import large quantity of PX from abroad every year. thus it is an indirect raw material of PET. most PX in China is used to produce PTA.1% compared to 2000.1 million MTs in China.8 million MTs. China imported. due to large demand gap. China is the largest import country of raw materials for PET production in the world. the new capacity increment of PTA was bout 1.74 million MTs.II-5 Raw Material Supply Situation At present.1 Demand & Supply Situation Because of steady growth of demand. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5. the production capacity of PX is predicted to increase 1. hitting a historic record and increasing 72.50 million MTs.
a PX giant in the world. announced to stop its PX facilities in Jamnagar in Oct. 2004. on the other hand. thus the PX supply situation becomes more tensional. Many PX facilities. It shows that domestic price of PX was relatively stable since Jan.- Many new PET facilities were put into production in the past years. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. - Even in sometime. are under checking and fixing. huge PTA demand caused the PTA shortage problem. RIL’s total capacity of PX is 1.1. while the import price of PX kept rising during this period. which will probably result in regional tense supply.35 million MTs/year. II-5. regardless to the claims form downstream buyers. and no new PX installations were put into production. 30 . especially facilities in South Korea. The reasons for the price increment lie in that on the one hand. 2005 for about 40 days. Indian Reliance Industries Limited (RIL).2 Pricing of PX The following table describes the price information since Jan. the price of international crude oil keeps on increasing. 2004.
1 Supply of PTA in China In 2004.820 9.830 9.500 9. China needed to import large quantity of PX from abroad.750 7.630 9.500 9.Table II-5.640 9.2-1 Pricing of PX since Jan.720 9.800 9.625 9. the output of PTA in China was 3.650 9.700 9.1.2. while the consumption of PX by PET was 10.500 Import Price. Therefore. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.300 9.5 million.2 PTA II-5. 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.800 9. CIF MCP. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.750 9.350 9.500 9.600 9. 31 .6 million MTs.000 980 II-5.450 9.536 9. RMB/MT 9.
Zhejiang Shanghai Tianjin Luoyang.000 980..000 1 Sinopec Yangtze Petrochemical Co.. Ltd.000 400. Ltd. 8 Mitsui Chemical (Shanghai) Co.000 350. Ltd. 6 Mitsubish Chemical (Ningbo) Co.000 3. Ltd. PTA has maintained a stable consumption rate during the past ten years. 16 Jinan Chemical Fibre Group Co.000 900. Ltd.000 450.. 10 Shaoxing Zhanwang Group Co. As the raw materials for PET production.000 500. Ltd. The consumption of PTA in China’s market has accounted for 30% of the global consumption. The following table shows the consumption volume in PET production in China and its growth rate in past ten years.000 530.....000 60. Ltd. Ltd.000 350. Ltd.2. Ltd. Zhejiang Shanghai Shanghai Xiamen. Total Ningbo.2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China.000 450.000 500. 12 Sinopec Tianjin Petrochemical Co. 14 BP Amoco Zhuhai Chemical Co. 9 Xiamen Xianglu Group Co. Ltd.. Guangdong Urumchi. Liaoning Yizheng. Ltd. Shandong II-5... 7 Far Eastern Industrial (Shanghai) Co. 13 Sinopec Luoyang Petrochemical Co. Jiangsu Liaoyang.. 11 Sinopec Shanghai Petrochemical Co. Fujian Shaoxing.000 75. 15 Petro China Urumchi Petrochemical Co.2. 3 Sinopec Yizheng Chemical Fibre Co. Ltd. Ltd. Ltd.0000 530. Ltd.850.Table II-5.. Jiangsu Capacity. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year..1-1 Major Chinese PTA manufacturers No. Zhejiang 5 Ningpo Dupont Co.000 75. MTs/year 1. PTA import. Xinjiang Jinan. 2 Petro China Liaoyang Petrochemical Co. Chinese PTA market will keep on increasing. Hangzhou.000. Henan Zhuhai.. Manufacturers Location Nanjing. 4 Zhejiang Hualian Sunshine Petrochemical Co. Zhejiang Ningbo... It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. but about 60% of domestic PTA demand depends on importing from other countries. 32 .000 350.
775 9.2. 700/MT.2-2 PTA Price during Jan.100 8.167 7.750 8. CIF MCP.99% 9.795 8. 2004 to Sep.200 8.300 8. MTs 4.900.515.030 970 965 1.Table II-5.000 8. USD/MT 1.405.110.150 9.120.740 8.000 5.000 10.900 8. The average domestic price stood at about RMB8. RMB/MT 8.300 9.000 7.000 4.200 9. Table II-5.15% Growth rate The following table shows the price information of PTA during Jan.653.2.000 9.69% 9.960 8.000 9.525 8.536.29% 13.560 8. and average import price was USD890/MT.000 11.95% 9. 2005 in China.000 8.000 5.24% 10.90% 9.040 8.730 8.424. 33 .260 Import Price.20% 9.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.966.020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 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.850 8.860. 2005 in China Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.000 6.830 8.25% 8. 2004 to Sep.
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.
402.100 1.200 566.901.000 Consumption 656.300 308.173 489.900 3.500 906.900 1.516.418 127.587.517 317.019.482 660.676 2.049.052.400 35.700 843.600 1.100 2.600 1.737 143.400 749.034 389.400 230.182.530.145.224 560.700 2.005.000 3.038 882.639.600 199.000 Volume 4.462.000 Volume 205.966 2.800 907.763 740.844 581.100 969.050.906 Production 106.572.000 2.537 228.900 707.957.127 2.200 100 200 2.3.000 Production 550.094 Import Export Apparent Consumption by PET Consumption by other 35 .600 5.700 1.100 558.300 31.013.500 883.083 1.163 1.597.700 1.Table II-5.300 3.900 23.410.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.062 170.300 1.100 2.000 23.156 3.500 807.900 788.
800 10.300 9.960 9.750 9.790 10. 2004 to Sep.500 9.960 10.070 1.500 Import Price. CIF MCP.930 9.060 950 985 995 1.085 1. 2004 to Sep.The following table shows the price information of EG during Jan.980 9.850 11. Table II-5.100 890 775 800 855 880 945 36 .065 1.960 9. USD/MT 1.020 980 990 1.200 10. 2005 in China.890 10.050 1.860 9. RMB/MT 9.2-2 EG Price during Jan.110 1.600 10.900 10.030 970 1.3. 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.200 9.870 9.500 10.300 9.
During the past ten years. the output and apparent consumption volume of PET in China grew at a double-digit rate. PET manufacturers and users are optimistic to the future PET consumption market. PET bottles’ wide application will continue to drive the development of PET consumption. PET recycling becomes the big problem since the production and consumption volume of PET has become very big. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. the average growth rate of output volume speed is 104%. tea drinks and sports drinks are made of PET materials. which in Asia. Before 2004. The average growth rate is 36. and China only imports a few of PET from aboard. In China. In 2004 the international oil price went up greatly which affected the market situation of PET’s raw materials and made the cost of PET production increased. China has gradually become the biggest market for bottle grade and packaging resin grade PET.6%. which is six times to the average speed in the world. PET has become one of the most important petrochemical products in China. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. 37 . thus the production volume of PET in China has also increased at a rapid speed. or bottle grade PET is the fastest. PET growth rate has maintained a high level for over ten years. far higher than the global average growth rate. the growth rate of packaging resin grade. At present. PET capacity in China had expanded 15 times. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. especially in China. The global PET development speed is dropping. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. the output of PET in China can basically meet the domestic demand. In China.II-6 Historic PET Market Development PET industry was started in China in 1987. from 1995 to 2004. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. purified water. Terylene fibre industry approached the edge of deficient. With the rapid development of China’s economy.
131 477. the import volume increased 36%. Value. 39076019: Other PET chips.967 123.1 PET Import Information in China The import volume and value of PET products in China increased year by year.151.671.835 183.262.124 Price.418. USD 628 1.425.400 6. The following table lists the import and export information of PET in China in terms of volume.589.864 223. 39076011. 39076090: Other primary PET.028 8057 95072. Comparing the import in 2003 and 2004.339 351. 39076090 39076011: High viscosity PET chips.396 342. 38 .300 147. USD Price. USD MTs 2000 2001 2002 2003 2004 506. USD 855 795 717 856 1083 Export Average Unit II-7. the value went up 48% and the unit price rose 9%.404. 39076019.377.500 230. value as well as unit price from 2000 to 2004.600 68144800 191.195 630 657 718 3.579 Average Unit Volume Value. Explanation: HS Code 39076011. 39076019 and 39076090.179 318.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes.297 2.669 169. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume.238 265.600 167. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.279.
445 2.350 19.842.577 39076019 39076090 22.728 1.830 1.873 14.115 2.993 9.986 33.396 39 .082 17.532 15.293.661.467 5.360 18.985 93.016.508 1.898 31.299 4.748.570.958.766.834.037 10.043.954 14.338.865 1.350 6.701.859.868 5.131 20.869 1.121 15.458.716 1.814.457.709 6.488.227 351.906 40.175 2.878 Total 22.267 7.266 15.954.946 17.849 20.884 8.589.234 39076090 6.457.682 230.668 1.988 5.344 2.164 152.504 18.591 28.860 17.471 6.359.671.683 Value.877 18.547 5.961.676.104.481 1.008.720 1.302 1.950 20.005 1.406.356 22.202.1. USD 179.755 10.327 13.845.466 15.846 21.261 5.678.571 39076019 14.009 19.532. 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 1.320 7.264.314 16.297.443 11.248 2.253 12.944 9.509 626 1.072 9.362.245 28.544 13.143.162 20.037 13.581 13.535 39076011 1.235.Table II-7.339 16.270.603 7.724 37.500.993.165 1.440 2.770.773.796 27.276 12.882 7.976.361 Total 37.661.141.198 19.779 8.053.997.366.1 Import volume and value in 2003 Volume.333 2.451 11.973 25.751 4.291 17.860 26.634 667.729 116.736.723 6.294 8.431.942 6.956.165 25.910 13.778.444 8.111 18.
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
856 7.046.063 3.971.208 2.676 37.335 4.565.313 5. Table II-7.504 205.935 2.923 64.221.905 7.057.233 4.575 1.087 746.035 28.505 2.389 2.513 6. MTs 10.060.218 198.292.131.982.171 2.823 2.561 283.115 1.617 10.235 10.073 9.120 2.524 1.719.888 20. USD 657. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.104 736 2.706 Value.646.248 10.294 2. Japan.485 20.2.335 136.030 9. Taiwan.523 3.530.332 41.761 1.525 814 1.593.3-1 Import origins in 2003 under HS Code 39076011 No.812 19.543 39076019 39076090 831 1.083 2.875 2.042 6.638 2.246 114.259 2.579 748.3 Import Origins According to import records in recent years. Korea Rep and United States are the major import origins of PET for China.430.376 23.655 Value.413.418.008 1.598.056.949.285.922 9.851 4.928 7.236 157 209 117 21 9.786.331 10.003 9.769 11.125 14. USD 10.377 8.930 12.377 9.589 3.287.114 8.692 Total 18.342 8.000.442 810. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.429.055 759.661 124.968.394 2.860 35.239.2 Export volume and value of PET in 2004 Volume.464 4.568 788 847 1.910 33.572 183.201.395.988 2.268 2.731 1.490 52.590 II-7.018 694.556.571 3.201 32.152.503.971 285.407 2.352 345.767.508 4.695 41.989 41 .584 153 51 817 1.415.483 2.390.Table II-7.254 5.315.541 169.635.996.843 12.880.272.176.938 17.612 39076019 39076090 Total 16. 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 15.864 7.140.395 5.484 186 19.412 7.053.110 3.011 8.463.248.205 9.126.883 1.445.297 39076011 13.
954 116.729 1.327 Value.981 58.054 58.3-2 Import origins in 2003 under HS Code 39076019 No.985 42 .112 896 740 739 288 249 214 178 145 114 100 234 152.019 984.284 152.019 171.099 127.198.334 1.043 1.212.220 531. MTs 93.519 1.434 43.254 23.084 511.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.821 17.228.490 1.776 5.187 29.193 2.235.770.582 9.778. USD 64.774 9.535 107.Table II-7.245 413.263 548. 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.341.410 85.
318 17.034 5.193 1.622.817 732.849.423 516.3-3 Import origins in 2003 under HS Code 39076090 No.537.209 8.711 624.863 2.085 2.504 2.892 Value.565.996 1.397 6.987 6.041 80.016 895.995 1.980 615.064 12.488 1.016 2.309 43 .959 2. USD 17.679.587.954 5.059 1.511.979 779. MTs 29.896 784.496 6.128 2.449.Table II-7.347 22.255 2.587 4.496 4.902 24.369.087.673 1.280 838.725 625.983 1.148 21.081 160.317.473 1.641 314.980 1.647 5. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Taiwan (TW) Japan (JP) Thailand (TH) Germany (DE) United States (US) Italy (IT) Indonesia (ID) Czech Rep Argentina (AR) Belgium (BE) Netherlands (NL) Spain (ES) Egypt (EG) Turkey (TR) Lebanon (LB) Pakistan (PK) Brazil (BR) France (FR) Malaysia (MY) Mexico (MX) Others Total Origins Volume.948.
391 33.745 Table II-7.926 16.304.751 348.306 692 282 203 200 117 65 56 45 13 14.565 62.673 893. USD 9.532.3-5 Import origins in 2004 under HS Code 39076019 No.730 20.606 758.375 4.669 11.658 3.654. MTs 8.187. 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.068 7.356 216.726 346.195 2.536 74.123 4.506 334.Table II-7.509 90. 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.573.963 5. MTs 94. USD 91.871 24.380 580.392.189 455.230 90.385 44 .948.466.148 8.463 Value.809 163.731.710 220.742 1.083 228.3-4 Import origins in 2004 under HS Code 39076011 No.788 36.294 649 533 338 263 169 146 134 129 432 164.988.224 1.139 197.731.063 38.341.680 1.483 4.495 12.539 1.
3-6 Import origins in 2004 under HS Code 39076090 No.120 2.290.361 5.764 5.126.214 Value.694 1.931 45 . 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.949 22.743 827.931.022 1.371 3.236 1.911.117.011.951.140 4.154 2.434 3.787 1.833 3.922 2.264 4.818 4.209 10.955 3.822 684.788 792.787.658 1.804 3.788.492.709.062 3.340 2.550 1.632.931 814.261.730.046 12.081.770 3. USD 25.111 7.757 5.853.118 297.467.355 29.110 2.860.089 1.422 7.859 161.067.942 2.882 11.082 4.380 507.565 10.041.138 28.688 4.187.956 1.585 6.302 17.960 11.594 4.380 15.720 2.242.228 1.438 11. MTs 39.641 1.323 3.209 2.048.334 18.966 8.428.056.859.109 673.420 12.888 1.859.490.326 10.191 2.815 1.172 12.455 4.Table II-7.781.243 2.268 8.
990 1. Table II-7.618 Value.000 1.750 2.208.000 990. Kazakstan.000 862.700 3.000 294.000 3.000 941.140.696.000 598.250 580. 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.650 160.794 11.691.4 Export Destinations According to the export records in recent years. Poland and Germany.150 4.501 2.920 6.000 287. Belgium.000 230.029.II-7.500 12.636 2.239 46 .445 645.983 12. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.360.000 2. the top export destination of PET for China are Italy.4-1 Export volume and value in 2003 under HS Code 39076011 No.000 352.754 3.362. MTs 49.409 14.668 1.000 300.518.145.996 662.965.000 1. USD 60.432.361 1.758 1.074.000 1. Turkey.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.000 841.469 120.855 4.024.
200 1.176.903 2.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.525 1.143 70.000 504.982 2.000 120.462.141 Value.698 47 .000 171.451 1.127.900 1.540 7.745 9.000.251. MTs 26.208.655.232. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Destination Countries Italy (IT) Belgium (BE) Germany (DE) Spain (ES) France (FR) Japan (JP) Indonesia (ID) United Kingdom (GB) Romania (RO) Brazil (BR) Algeria (DZ) Portugal (PT) Yugoslavia FR (YU) Saudi Arabia (SA) El Salvador (SV) Bulgaria (BG) Taiwan (TW) United States (US) Korea Rep (KR) Bangladesh (BD) Greece (GR) Others Total Volume.000 3. USD 31.000 689.825.000 486.554 300.111 11.000 345.044 2.100 145.714.896 156.269 145.Table II-7.000 1.000 8.000 3.246.000 3.4-2 Export volume and value in 2003 under HS Code 39076019 No.000 210.000 294.
601 2.854 2.040.210 864 380 289 228 199 194 189 186 152 126 315 30.591 2.740.558 2.605 3.540.119.460.000.050 1.000 4.600 1.290 3.000 400. MTs 3. 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.613 2.276 48 .Table II-7.000 93.000 2.000 823.040 237.007 Value.734 1.000 60.000 3.010 3. USD 4.494 1.540 261.050 109.000 125.000 3.957.270 240.000 1.300.000 200.886.4-3 Export volume and value in 2003 under HS Code 39076090 No.568.306 31.625 3.372.120 240.
055.799 7.794 3.101 1.738.033.203.644 49 .Table II-7.592.423 1.257 1.045 2.550.008 1.008 1.289 3.788 89.544.103.775 5.622.381.219.940.666 5.512 1.130.408.437 2.436 3. USD 15.795.570 2.000 5.725.189 1.935. 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.878.101 4.642 1.486 2.884.169 1.859 8.305.575 1.272 1.661.254 5.370.814 1.418 2.110 3.014 1.601 7.571 3.144 3.626 4.911 3.4-4 Export volume and value in 2004 under HS Code 39076011 No.788 Value.407 6.219 6.493 2.370 9.780 1.518 1.776 1.188 1.736. MTs 13.015 79.
200.4-5 Export volume and value in 2004 under HS Code 39076019 No.385 1.467 614.533 2.377 50 .074 920.724 1.414 2.281 2.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.618.316 464.737.265 2.505 740. MTs 9.081 3.535 536.065 37.815.581 893.780 2.804.347 1.038 4.063 Value. USD 10.719.293 450.097.580 1.262 2.861.320.284 445. 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.516 764.028 1.188 575.272 743.457 2.607 35.049.163 568.098 500.Table II-7.086 1.
679. 1 2 3 4 5 6 7 8 9 10 Destination Countries Poland (PL) Turkey (TR) Malaysia (MY) Hong Kong (HK) Sweden (SE) Spain (ES) United Kingdom (GB) Japan (JP) Italy (IT) India (IN) Others Total Volume. USD 2.808.060 1.799 9. MTs 3.299 3.342 123.467 455 373 210 210 99 75 60 169 9.663 169.198 338.909 319.330.Table II-7.692 Value.700 2.162 146.096.285.187 1.454 94.117 179.4-6 Export volume and value in 2004 under HS Code 39076090 No.590 51 .276 1.
Ltd. 2008. It is a favorable factor for Chinese PET producers as the production cost. 2. Chinese government lowed down the import tax for PX. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. KP Chemical Corporation Huvis Corporation Saehan Industries Inc. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co.2 Tariff Adjustment in 2005 In 2005.5% and 9. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table.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. Toray Saehan Inc.II-8 Role of the Government in the PET Industry Chinese government has attached much importance to China’s petrol and petrochemical products supply/demand chain.7%. Table II-8. including high viscosity PET chips and other PET chips. 2003 to Feb. 52 . 3. PET to 2%. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. which can reduce the import price for PX. PTA and PET by USD5~10/MT. PTA. Hankook Synthetic Inc. II-8. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. 6.
textile industry is a big driving force for PET industry. the average growth rates will stand at 4% and 3%. edible oil and can food in past years and the forecast till 2015. 53 . polyester accounts for more than 80%. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. edible oil and can food. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. Bottle-grade PET chips are used to produce bottles for drinks. and fall below 10% after 2008. respectively. beer industry. beer. II-9. But the development of chemical fibre industry will still be a driving force for PET industry. At present. During 2010 to 2020.1 Textile Industry Currently. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry.2 Packaging Industry PET can be used as packaging in food and beverage industry. In 2002. In future three or four years. By 2010. Polyester is a major downstream product of PET. as the industry develops fast. II-9. the growth rate will slide down gradually. chemical fibre accounts for about 65% of all materials in textile industry in China. The packaging of food and beverage industry is another major use sector of PET. The development of downstream products guarantees PET consumption and drives PET industry to develop forward. However. Chinese textile products took 17% of the global market. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. while in chemical fibre market. In past years more than 83% of the total volume of PET was consumed by polyester industry.
60% 35.271 22.43% 2.Table II-9.07% 1.550 50.22% 54 .65% 35.71% 17.894.22% 846.105.948 -38.83% 17.00% 2.71% 20.84% 20.55% 25. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.42% 605.981 10.42% 2.299 43.600 27.15% 20.06% 17.11% 35.315 4.22% 2.747 17.136.434 17.07% 1.79% 17.43% 4.117 -39.2-1 Consumption and growth rates of four industries Year Consumption Volume.475 17.169 20.350.877.00% 2004 138.07% 25.71% 25.43% 5.07% 2.234 23.17% 25.065 43. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.42% 1.69% 35.911 46.484.234 30.73% 57.016.22% 386.224.43% 2015 529.00% 493.118.12% 57.69% 20.75% 57.672 19.60% 57.180. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.42% 2005 165. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.684 22.337 26.630.00% 1.996.797 17.07% 2010 280.345.547.552.618.
000 3.000 11.000 1.000 11.000.05% 60.823 766.000. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.000 40.000.52% 30.959.650 136.89% 35.000 8.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.020.73% 34.860 351.165 2.660 5.000 172.900 2.163 55.605 Output Volume Import Volume Export Volume Consumption 250.000 5.000 4.500.500.000 71.648.000 8.500.000 2.670.350.000 9.473 870.435 756.000 15.176.000 1.78% 52. The following table records the historic and current volume of PET in China.000 825.762 688.180 4.000 4.82% 20.783 259.131 377. which shows that the PET market in China is growing.179 20.000 5.000 2.647.000 1.000.597 169. In 2005.000 98.000 14.373 139.000 120.000 562.04% 130.8%.000.000 420.460.841.500.556.191.000 390.574 100.659.000 1. the production capacity of PET in China has accounted for 35% of global total capacity.12% 43.000 500.530. Table II-10-1 Historic and current volume of PET.860 191.395 3.9126.96.36.199% Apparent Growth Rate 55 .000 65.348 11.
000 26.000 27.30% 11.246.064.300 21.000 802.200.000 32.001.106.280 432.000 25.09% 0.800 23. Especially after 2008.200 32.896.500.000 556.330. while it will cool down in following years.300 29.000 20.43% 9.634.600 480.193. while that of PET export will not exceed 28%.000 15.000 857.993.400 440.600 20. fibre grade.000 27.000 28.124.1 Forecast of PET in China till 2015 In the coming years till 2015. Table II-11.400 Growth Rate 19. output.200 355.870.640. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.489. the growth rate of PET output will drop below 10%.22% Apparent Annual II-11.000 22.667.400 408.000 25.820 21.000 17.000 676.240. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.000 523.000 311. The following table is the forecast volume of the production capacity. With respect to the output of PET in China.444.84% 8.000 654. the current capacity of PET in China has already exceeded about 30% of the demand. output.000 31.640 21.07% 21.606.605.231. import and export volume as well as the apparent consumption in China will increase year by year. Such forecast is suitable for the apparent consumption of PET in China as well. In fact.800 569.800 794.000 Output Volume Import Volume Export Volume Consumption 13.159.000 672.000 30.000 29.800 15.000 25.000 710.650.600 324.213.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.063.562. Bottle grade PET is mainly 56 . In terms of import and export situation of PET in China.050.81% 0. It was a booming period for PET from 1996 to 2004.000 28.600 17. the situation is similar to the production capacity. However. But generally the growth rate in these fields will slide down comparing to the growth rate before.32% 12.964.800 29.800.000 23.600 23. the growth rate will slide down to less than 5% since 2008.147. bottle grade and film grade.200 669.210.000 32.000 752.54% 8.1 Forecast for PET volume to 2015. Fibre grade PET is used to produce polyester filament and staple fibre.960 414.100 13.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.206.10% 8.000. the growth rate of PET import in China in future years till 2015 will be no more than 16%.000 27. With respect to the production capacity.000 766.700 772.39% 8. import and export as well as the apparent consumption of PET from 2005 to 2015. the production capacity.
98% 42.37% 736.797 19.2-1 Forecast for PET consumption in each end use sectors to 2015.15% 0. edible oil and so on.228.145. over 15% annually.273 18.959 29.565 17.804. fibre grade PET accounted for the most part of all PET products in China.29% 6.46% 15.222.023 II-11.42% 1.232. In 1995. It is estimated that fibre grade PET will account for about 70% of the total PET.853.03% 14. 98% of PET products were fibre grade.200 18. many PET manufacturers will shift to filmgrade PET production area. the growth rate for bottle-grade PET will be the fastest.75% 14.687.486 3.93% 40.370 274.850.744 429.28% 1.343 3.800 323.248.283.381.546 Rate -13.740.792 21. 0.174 12.299 4.73% 272. which with reduce the fibre-grade PET production volume. At the beginning.940 23.083.47% 13. Film grade PET is used to produce film.723 14.20% 1.600 20.consumed in packaging industry to produce bottles for drinks. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.960.27% 23.911. 57 .514 23.268 16.86% 1.796 16. and the consumption proportion will improve from 10. Table II-11.020.46% 30.667 626. Among all the consumption sectors.1% was used for other products.020.5% was bottle grade.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.41% 13.38% 7.09% 6.229 17.027.140 2.152 12.713.501.410.36% 12.16% -1.769 769.389 243.79% 32.43% 1.387.15% 32.136.47% 19.07% 14.530 834.351.5188.8.131.524 192.467 Rate 26.45% 13.11% 5.41% 25.468.229.36% 2.715 20.08% 1.867 981.178.623.28% 4.315 243.875.921 857.43% 10.541.131 2.3 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 2015.510.4% was film grade and the rest 0. The demand for PET will reach the saturation. 1.315.53% Sectors 65.805 27.878 15.13% 7.275.320 666.7% in 2015. As the packaging industry and film industry in China developed.441 478. This trend will last to 2015. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.4% in 2004 to 19.710 22.55% 6.991 21.62% 24.22% 2.124 12.879.498 6.415 3.593 5. The following table shows the forecast volume of PET by each specification till 2015.654 19.74% -20.105 4.65% 11.084 Rate 25.64% -11.516 25.44% 2.437 17.85% 6.393 21.914 3.158.51% 10.587.542 32.881 1.587. the proportion of fibre grade declined year by year. bottle grade will take up about 20% and film grade will account for about 8% in 2015.
Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co. Ltd. Far East Industrial (Shanghai) Co. PTA supply relates much with PX.4.000 800. there will still exist 3 million MTs of PTA shortages in Mainland China..000 600..000 500. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co.000 600.II-11.1-1 Information of PTA projects in China Name Capacity. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co. Ltd. Ltd.. 530.. Tenglong Chemical Co. Ltd. including existing ones and potential ones..000 600.000 600. The following table is the forecast of PTA consumption in coming years till 2015. joint investing.000 200. although all the PTA projects.000 700..000 600.1 Forecast for PTA The demand of PTA in China is expanding. Mitui Chemicals Zhangjiagang Co.000 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 Early 2006 2006 2006 2006 2006~2007 2006~2007 2006~2007 2008 Time for putting into To 2010.000 500. Zhejiang Tongkun Group Co. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co.. The following table is the information of PTA projects that have already been put into production in 2005 or will be put into production after 2005.4. Ltd. Ltd.000 500.000 600. Shanghai Petrochemicals Co.000 600.4 Forecast for Raw Materials of PET in China II-11.000 600.000 900. to cooperate with PX manufacturers to maintain the PX supply chain and PX price.. Ltd. 58 . Zhuhai Biyang Chemical Co. Ltd. Ltd. In near future the PTA manufacturers are estimated to make strategies such as joint purchase.000 500.. Table II-11.000 600. Ltd. Ltd. run even to 90% of their capacity.000 600. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co...000 500.
16 million MTs/year in 2007. 200/MT.500.97% II-11.4. 500~1.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15. consumption by PET production as well as consumption in other fields in China.000 14. import. export.31% 7. and mass import will be necessary.000 17.01% 5.540.4. The domestic production capacity cannot meet the increasing demand.630.300/MT in the future months. 59 .000 13.5 million MTs/year and 16.000 Growth Rate 9.15% 8.440. The following table is the forecast of EG in future years till 2015 in terms of its output. and in China’s market it will be over RMB12.000 20.8 million MTs/year and 14. And it’s estimated that the two figures will exceed 22.960.480.000 12. Asia especially China will be the most important EG consumer in the future years. The international price for EG will be over USD1.86% 6.000 21. apparent consumption.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.52% 12. MTs 11.000 22. And more foreign EG products will flow into Chinese market.2 million MTs/year in the world. The situation of oversupply will appear.010.980.21% 6.000 15. China will have a strong demand for EG in the future years. the competition will be very intense.840.270.24% 6.30% 5.000 16.Table II-11.35% 4.000 18.760.02% 7.
717.630.340.928.750 35.000 3.100 4.000 1.846 Import Export Apparent Annual Consumption by Consumption in 60 .944.719.400 4.000 3.246 3.578.444 3.000 3.27% 3.000 3.860.000 1.000 32.750.314.900 31.141 4.482 4.27% 4.587.3184.108.40.2060.2-1 Forecast of EG in China till 2015.961.321.599 803.854 762.063.000 3.000.157.488 5.674.000 2.060 952.000 2.63% 5.140 5.128.720.600.152.499.000 Volume 2.000 1.318 4. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.46% 4.4.320 Consumption Growth Rate 3.763 992.581.000 30.83% 5.965.000 3.77% 5.000 1.087 692.250 6.500 4.948 912.147.541.21% PET Production 3.963.356 728.682 833.000 5.770.522 3.135.801 4.860 33.148.999 877.68% 6.680 3.273.244.200 30.000 1.413 3.000 2.000 2.Table II-11.453.273.57% 7.800 4.000 3.467.000 5.39% 3.000 1.89% 4.707.600 32.000 2.506.419.570 34.000 3.000 34.940 4.000 2.000 3.500 31.321.881.478 642.834 Other Fields 602.430 5.000 Volume 28.
686.000 3.150 411.379 225.112 75.417 2.63% 88.148 5.43% 29.150.962 95.00% 113.675.456 177.071.48% Rate 250.890 45.508 255.85% 92. beer.193.332.69% 62.943 25.58% 57.35% Grade 3.173 1.250 3.038 500.579 17.094 66.67% 97.788 17.12% 199.423 63.94% 46.250 1.09% 33.668. edible oil and others Tape films Engineering plastic 61 .00% 266.507 2.365 19.58% 201. The following table records the consumption volume of PET in each end use sectors in past ten years.250 11.000 478.99% 27.85% 15.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.45% 48.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41. the total PET consumption expanded over 40 times.377.904 2.42% Rate 1.74% 61.21% 41. industrial fibre Bottles or pails for beverage.450 7.515 25.840 3.633 1.217.283 3.579 The following table is the end use structure of PET in China in 2004.79% 52.250 11.43% 1.451 360.842.860 39.670 8.451 33.709 400.659.883 126.63% 43. Table III-1-1 Consumption of PET in each end use sectors.11% 57.423 63.883 126.500 22.00% 253. the consumption proportion is reducing.20% 124.67% 100.319 582.00% 35.00% 42. Although chemical fibre is still the biggest user of PET.180. 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.604.47% 169.46% -1.217.649.18% -44.526 4.788 17.59% Growth Resin Growth Grade Rate 250 1.800 1.335 7.00% 176. % 84% 10% 5% 1% Typical End Uses Terylene material.822.200 124.783.792. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.00% 1.06% 3.736 9.458 4.
Not easy to be broken.1 The Excellent Performance of PET Materials PET materials have many excellent performances. products produced with PET material are more and more popular for following excellent performances: . . 62 . especially in daily-use chemical field. . . .Safer. . .2 Technical Factors As China has not obtained many technologic breakthroughs. . such as the gas-resistance performance.Easy to be recycled. . III-2. Meanwhile. Of all the textile raw materials in China. The worse gas-resistance performance requirement from beverage and beer industries has not been improved. some technologic bottlenecks remain unsolved. worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. not bombing and hurting people. which limits the widely using of PET bottles. export and consumption of textile production will all produce an impact on the consumption of PET in China.Lower cost.Light weight.Smaller energy consumption.Smaller occupancy of space. .Easy for transport.Soft. PET fibre production accounts for about 85% total PET consumption in China every year. sales. III-2. Compared to other materials in packaging industry.Easy to make into various shapes and packing specifications. The production.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy. PET fibre accounts for 65%.III-2 Key Factors Influencing the Mass Consumption of PET III-2.
814. III-2.251.602 286.570 26.82% 24.320 304.503.459 226.564 207.929 33.062 255.96% 17.892 2.679 10. edible oil industry.92% 277.559.900.76% 16.13% 43.072 1.062 390. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.688 368.141 235.533 2.130.1-1 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 585.213 41.59% 48.456.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.3220.127.116.11% 59.17% 3.234.000 2.102 2.52% -4. The consumption volume rose from more than 2.79% 21.201 4.948.387. MTs Annual Growth Rate III-2.742 523.828 140.III-2.81% 86.4.064.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.000MTs in 1995 to about 150.85% 34.623 152.942.321 2.587.44% PET Consumption. The following table lists the consumption volume of beverage.466.76% 15.96% 27.163 396.308. 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.618 783.606 348.30% 39.184.410 2. 63 .884.902.008. Table III-2.622.467.379 119.080 76.307 19.405 453.424 48.113 81.707.887 1.691.917 111. can food industry and beer industry.14% 23.550 578.857 3.853.159 1.25% 58.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry.838 1.82% 11.280.591 980.540.000MTs in 2000 and around 1 million MTs in 2005.232.642 167.438 11.35% 11.4.861 182.4.
64 .035 66.77% 24.26% 142.091 37.864 436.937.659 128. MTs Growth Rate III-2.414 1.443 916. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.80% 18. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.302 9.154 48.275 90.33% 12.38% 20.546 5.23% 35.107.91% 25.138 1.781.50% 37.313. The following table lists the consumption volume of edible oil.980 4.870.004 1.832 73.96% 54.4.44% 41.2-1 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 225.123 350.28% 12.223 750 3.330.540 107.331 39.787 64.745 36.591 701.936 182.111.415 81.000 685.249 311.946.070 107.07% -4.259 6.61% PET Consumption.911 585.562 14.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.833.74% 25.73% 224.879.058 9.872 29.773 726.734.231 815.737.791.032 307.608 615.320.The following table lists the consumption volume of edible oil.4.087 22. Table III-2.641.198.852 61.84% 3.140.179 72.051.027.916 24.874.658 248.49% 12.544.92% 19. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.24% 69.95% 67.279 46.
170 7.255. 65 .936 179.92% 12.062 30.786 26.722.3-1 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 4.937 213 792 2.544 350.37% 26.06% 3.406 5.489 95.38% 26.48% 55.938 11.92% 139.618.08% 8.914 52.720.154 16.Table III-2.47% 203.000 6.666 19.921 85.822 104.88% 22.660 285.02% 43.776.269. MTs Growth Rate III-2.15% 30. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.618 45.72% 58. The following table lists the consumption volume of beer.4.045.95% 24.333 30.931. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.347 146.4.537 107.660.4 Beer Industry As a packaging resin. PET is well received by beer industry.176.832 52.761 8.222 4.224.108 30.282 50.18% -5.10% 18.189 11.068 67.695 21.203 24.771.797 154.83% 37.180.286 202.040 6.38% 48.760.62% PET Consumption.052.138 272.236 23.970 5.447 228. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.598 78.796.575.744.596.570 62.476 172.67% 12.474.096.191 9.52% 65.
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.
49% 342.5-1 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.86% 37.12% 17.200 165.Table II-2.35% 29.90% 26.16% 50.009 57.06% Growth Rate 67 .358 135.728 17.776 72.350 42.890 78.34% 23.257 142.62% 121.77% 52. MTs 199 593 2.95% 80.645 99.21% 43.525 210.800 8.623 5.01% 25.16% 7.03% 34.4.42% -5.208 325.86% 3.128 198.938 32.797 264.69% 12.079 186.702 11.99% 13.53% 26.070 159.
000 3.250.000 8.000 6.000 7. The following table records the information of terylene production and PET consumption in this industry in past years in China.377.91% 245.000 2.99% 95.860.000 478.458 4.000 Volume of Terylene Polyester Staple Volume Fibre 1.000 5.580.430.686.300.15% 91.97% 84.380.11% 57.310.250 1.000 7.530.000 6.06% 33.470.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.610.000 4.071.950.332.800 1.000 11.54% 89. Terylene accounts for 80% market shares of chemical fibre products.20% 124.000 9.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .43% 29.250.000 5.79% 52.000 5.000 6.62% 93.000 10.000 3.736 9.000 3.910.44% 86.000 2.050.000 6.000 4.930.000 2.920.800.792.200. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.000 4.904 2.000 8.960.330.09% 33. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.822.783.59% 83.180.620.000 2.700.560.000.990.170.962 95.507 2.23% 84.950.000 4.440.00% 17.35% 41.604.335 7.74% 87.750.000 Consumption 97.000 3.283 3.000 5.000 9.
74% 61. light-sensitive materials. Table III-4-1Historic consumption of film-grade PET in China.456 177. 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. insulation materials.500 22. tapes and other products.200 124.250 11.319 582.094 66.63% 88.379 225. which can be processed to packaging materials.00% 42.000 3.12% 199. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.150 411.85% 92.00% 253. Packaging materials takes a large proportion in PET film.59% Growth Rate 69 .21% 41. followed by insulation materials and light-sensitive materials. The following chart is the consumption structure of PET film in China at present.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET).63% 43.508 255.
459 232. PET bottles are the most widely used plastic bottles for juice beverage.740 31.598 for Beer 189 868 3.249 Can Food 213 792 2.279 46.728 17.750 17.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.334 10.938 11. can food.540 107. edible oil.091 37.365 Consumption Consumption for others 199 593 2.623 5.III-5 Consumption in Packaging Resin PET can also be used to produce bottles.406 5.751 567.552 348.702 11.250 125.258 17. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.009 57.666 19.800 8. beer as well as other fields.229 55.438 12.763 85.620 8.623 156.205.036 234.938 32.658 248.761 8.181 1.199 184.113 45.787 64.776 3.250 63. The following table is the consumption volume of PET in each packaging sectors including beverage. purified water.176 5.550 588.000 890.570 62.333 30.350 42. Table III-5-1 Consumption of PET in each packaging sectors.916 24.618 45.179 122.688 370.936 182.216 40. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.058 9.618 793.524 70 . teas and sport drinks packaging.
fan propeller frame. engine covers. The industrial level of engineering plastic in China is very low.III-6 Consumption in Other Fields At present. Household electric appliances: coil former in transformers on microwave ovens. just a common blasting drying equipment and the mould temperature is within 70~90℃. only accounting for about 0. inlet retainers. PET engineering plastic is widely applied in automobile. household electric appliances. print circuit board. structures & computer shells. pump shell. motor cabinet. trundles. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. and large-scale industrial production of engineering plastic has not been realized so far. and handles. construction materials and decorating industries.5% of total PET consumption volume. and switches. The comprehensive performance of this kind of engineering plastic is very excellent. frames. pedestal. chair handles. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. electronic socket connector. windshield wipers. stator and rotor on electromotor. panel. structures on OA equipments. sensors. Furniture: pedestal. Automobile products: carriers. Only a few factories in China try to produce some products to replace import materials. 71 . The production cost is low. panels. Mechanical products: gear wheels. brackets. the overall consumption volume of PET in other fields is not large. PET chips can be made into engineering plastic as well. vanes. The requirements for processing conditions are also simple. electronic and computer materials. motor frame. relay. instruments materials.
000 160... Yizheng Chemical Fibre Co. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. Ltd.000 In China. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co. MTs/year 14. PET is mainly consumed in Zhejiang Province.000 3. Tianjin Kodak Light Sensitive Material Co. Jiangsu Province and Guangdong Province.. is the largest filmgrade PET end user for its 14.000 150. Ltd. is the largest fibre-grade PET end user as it has 781.000 400.000 350.. 1 2 English Name Zhuhai Zhongfu Industrial Co. 72 .000 300. Xiamen Xianglu Chemical Fibre Co.III-7 Summary of Major End Users In China. 1 2 3 4 5 6 English Name DuPont Teijin Films Co. Capacity. Table III-7-1 Top 11 end users of fibre-grade PET in China No. especially BOPET.000 180. The following table shows the consumption structure of PET by areas. Zhuhai Zhongfu Industrial Co. Ltd.000 300. Zhejiang Cifu Group Co.000 6. Ltd. Ltd. The following tables list the top end users in each end use section in China. Ltd.. Ltd.000 5..000MTs/year production capacity of terylene. is the largest bottle-grade PET consumer. 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.. Zhejiang Yuandong Chemical Fibre Group Co. Ltd. Ltd.. Shanghai Zijiang Enterprise Co.. Ltd..000 Table III-7-2 The largest two end users of bottle-grade PET in China No. Zhejiang Hengyi Group Co.000 6. Ltd.000MTs/year production capacity of PET film. MTs/year 781. Capacity for PET Film.. Ltd. and DuPont Teijin Films Co. Ltd.... Terylene Capacity..000 200.000 260. Ltd. Zhejiang Tongkun Chemical Fibre Group Co.. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co. Ltd.000 3.000 280. Ltd.
51% 29.96% 2.74% 5.95% 10.70% 2.97% 3.01% 73 .75% 12.63% 3.78% 1.63% 1.12% 1.21% 31.90% 0.83% Percentage of Total in 2003 33.Table III-7-4 PET consumption in different areas in China Area Zhejiang Jiangsu Guangdong Shanghai Liaoning Shandong Hainan Heilongjiang Percentage of total in 2004 28.32% 3.
152 12.25% 70.178.000 15.130.230.030.600.040. Now in China the competition in beer industry is very intense and profit is smaller and smaller.796 16.000 13.000 4. the demand volume for PET beer bottles in China per year will be over two billion. the output volume of polyester will increase with an average annual speed of 4.650.47% 19.560.000 5.437 17.09% 6. If 5% of total beer was packed with PET bottles.000 10.000 5.700.950.000 12.268 16.13% 7.840.850.470.500.000 8.000 9.000 16.900.21%. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.030.000 6.000 8.875.020. It’s forecasted that from 2005 to 2015.273 10.180.850.000 6.16% -1.67%. 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. Staple Fibre.804.000 16.550.000 17. Therefore.50% 74.530.11% 5.000 11.000 14.145.000 8.000 83.950.000 10. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.410.060.29% 6.10% 72.000 14. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.000 18.45%.310.51% 10. 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.083.250.000 7.55% 6.900.90% 75.700.587.000 6. 74 .000 8.950.000 9. So in order to keep the profit margin. and the content for every PET bottle is 500ml.38% 82.541.750.20% 76.090.200 18. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.250.05% 81.62% 79. The manufacturers especially the middle and small manufacturers can feel this pressure.715 20.000 9.30% 11.000 8.000 19.85% 79.000.500.393 21.300.28% Volume.797 19.200.250. But PET supply for polyester staple fibre production relates much to import PET.710 22.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.000 5. The fibre grade consumption will increase with an average annual speed of 7.000 10. Chinese market of PET beer bottle has great potential.000 19.853.60% 78.15% 0.000 7.723 14. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles. and the output volume of polyester staple fibre will increase with an average annual speed of 7.
the industries of downstream products. 75 . will develop in the future years and they will definetely boost the PET industry.As anticipated. packaging industry and film industry. including chemical fibre industry.
76 . the price of PET in China increased a lot in the past and will keep an upward trend in future years. 2003 to Aug. 2005.Part IV Price Trends Due to the international crude oil hike. raw material shortage and other factors. IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan.
810 8.560 8.755 8.480 8.855 9.960 8.055 9.350 12.300 12.520 8.770 12.510 11.550 11.145 7.290 9.300 8.620 8.450 11.895 7.850 11.735 8.465 8.350 10.995 9.720 8.930 12.285 9.560 8.780 8.560 11.060 8.335 8.340 8.685 10.525 8.650 8.430 10.820 11.815 8.455 9.985 9.950 10.255 11.320 9.515 9.450 10. RMB/MT 8.760 11.530 8.455 8.660 13.350 77 .690 11.935 8.550 11.650 13.890 11.250 11.325 8.880 8.835 7.880 11.210 8.720 11.310 8.550 11.350 11.320 Thin film grade. RMB/MT 8.825 11.855 9.865 9.860 11.255 8.240 8.830 8.815 8.410 9. RMB/MT 8.125 8.550 10.950 Package resin grade.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.450 9.680 9.230 8.380 9.660 8.440 8.795 11.855 8.355 9.420 8.725 9.135 8.520 11.660 12.450 11.955 10.050 11.
but for the middle and small manufacturers. the unit price for PET material in China also went up from RMB7. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. PET accounts for about 50% of total production cost of beverage products. bottles. For the big manufacturers. Chinese beverage manufacturers are very concerned about the price of PET. IV-2. the factors resulting in price changes mainly include the price of crude oil.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. 000/MT. and the industrial profit might reduce 20% in fiscal year 2004. On the contrary. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. In Chinese beverage industry. 500/MT to RMB14. The unit price for PET was 30% higher than that in the same time in 2003. only the large-scaled manufacturers installed the bottle-blowing equipments. Therefore.IV-2 Factors Resulting in Price Changes In general. With the markup of petroleum and chemicals prices. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. and the PET price is one of the key factors that decide the profit. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. bottle caps and film labels made from food grade PET material. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. And only these equipments are in 78 . The cost of PET bottle. 500~8. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. supply of raw materials. 000/MT.000/MT to the peak of RMB14. the business of domestic packaging service suppliers is very good even though the PET price rose. they have to face the hardship. they can reduce the pressure from cost markup by purchasing PET with big volume. demand from downstream industries as well as transportation cost. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. Because the draught and bottled purified water are all packed with pails.
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.
91 3.80 0..400 17. Ltd.073 2.C Ltd. Guangzhou Duolilong Chemical Fibre Co. Ltd. Ltd.72 0. Co. Ltd.222 2. Beijing Huayuan Asia Pacific Tech Co.200 60.45 1. USD Price.589. Jingyuan (Nantong) Chemical Fiber Product Co.08 1...53 0.290 146.78 0.000 100. Shanghai Chemical Industry Supply & Sales Co.94 0.. Ace Mold & Industrial (Shenzhen) Co.000 92.777 151.913 2.035 89. Tengxing Industry Co. Ltd. Ltd. & Exp. China Liaohua United Foreign Trade Co.793 1. Zhejiang Grand Import And Export Co. Ltd.. Shanghai Heshibi Chemicals Co.200 29.218 431.000 524.000 174.922 428. Ltd.037.33 0. Xiamen Zhongtian Plastic Co.953 189.000 17. Xinhui City Jiaxun Electronic Trade Co.141. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co.000 20. Ltd..400 41.000 23.155 108.91 2. Ltd.000 445. Ltd.760.. Taizhou Changshengda Plastics Co.340.380 407.. Shenzhen City Ding Tai Technologies Co..00 0.82 2.000 34.489.292 178.80 0. Of Guangdong Dongguan City Kaiying Trade Co.. 39076019 and 39076090 in 2003 and 2004.91 2..600 31..94 2.000 475..992 1..000 2. Ltd.000 2.. Ltd.A. Fuzhou Dong Li Cosmetics Co..86 0. Ltd.000 120. Shenzhen Baoan Foreign Economic Development Co.000 36..600 275. Wujiang He Cheng Trade Co.000 78.000 139.322 91. Liaoning Huiming International Trade Co. Ltd. Ltd.500 203.650. 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.000 35.80 1. Ltd..68 3. Ltd.635 200. Ltd. Ltd. Ltd.468 600.82 1.68 0. Orient International Holding Shanghai Foreign Trade Co.89 80 .749 2.000 85.062 1.940 85...40 0. Ltd. Honeywell (Kaiping) Industrial Polymers Co. Ltd..500 40.862 Value.39 6.. Shenzhen City Minghui Industry Co.000 920.80 1. Zhuhai Zhongfu Polyester Beer Glass Co.150. Ltd.800 61.. Volume. Ltd Shanghai S.356 53. Ltd..740 320.. Ltd.77 0. Ningbo Century Huan Yu Imp & Exp Co.375 16.849 32.208 114.33 0.489 256. Shanghai Huili Tage Board Co.400 226.950 32.000 240.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. Ltd.675 68.78 1. USD/kg 3. Dongguan Arts & Crafts Imp.50 0. Ltd. Kunshan Litai Fibre Co.71 1. by volume and value..000 100.366.90 0.000 27. Jm Shanghai Nonwovens Co.590..000 64. Chenghai Huaxiang Plastics Co.650 33.400 2.96 0. kg 2.534.60 1. Ltd.000 34.000 60. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No.73 0. Rexam Der Kwei Industrial (Shanghai) Co.
Ltd.125 3.90 0..352 2.34 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.02 81 .000 12.675 5.. Ltd.400 20.820 1.814 2. Huizhou Xinfeng Packing Industry Co.729 1. Zhangjiagang Bonded Zone Dong Hai Container Co. Ltd.000 2.581 3.400 6.605 1. Ltd..13 0.550 1.50 2.230 20. Ningbo Bonded Area Jinming Int'l Trade Co. & Exp. Shanghai Hebi Electronics Electric Appliance Co.812 23. Xiamen Hong's Enterprise Co.110 10.000 6.27 1. China-Base Ningbo Foreign Trade Co. Zhuhai Zhongfu Industrial Group Co..90 0.26 1.92 1. Ltd. Ltd.45 0. Ltd. Ltd..000 40..740 1..774 4.883 1. Ltd. Ltd. Jiangyin Beikaerte Steel Wire Products Co. Ltd.303.35 1. Ltd.000 1. Hainan Xingye Polyester Stock Co.000 4.861 13. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp.419 20.760 23.86 1.300 2.532.90 0.254 128 2.00 0. Ltd.700 1.400 7.260 14.400 6.000 4.50 2. Yuming Exactitude Industry (Shenzhen) Co. Ltd.92 3. Changzhou Worldbest Radici Co.136 29.87 0. Shanghai New Particle Plastic Paint Co.577..025 11.000 2. Zhuhai Chilk Enterprise Inc Others Total 16.932..80 1..000 1. Company Shunde Xicheng Plastic Container Co.795 1..092 13. Fuzhou Jianing Cosmetics Co..975 9. Ltd.11 1.40 0. Ltd. Ltd.85 1.. Shenzhen Longgang Foreign Economic Development Co.649 19.105 500 2. Ltd..025 10.97 0.85 0. Zhuhai Bonded Zone Nan Guang Logistic Co. Shanghai Xinxing Imp & Exp Co.90 0.000 9.
79 0.657 2.075.000 918...200.. 32 Ningbo Bonded Area Honghe Store Co. Ltd.400 4. Ltd. Ltd. Ltd.188.61 0.011.78 0. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.427. Ltd. 13 China Zhongfu Enterprise Co. Ltd.000 3. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.000 2.128.64 0.70 0. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co.996.692 2. Ltd..386..008..513..780 730. 17 Xiamen Temao Xiangyu Development Co.704.500.510.812.101 829.69 0. Ltd.139.063..76 0.511.74 0.899.000 1.& Exp.000 2.313..994.508. (Nantong) 82 . 27 Jiangsu Shenlong Business Out-Carving Group Co.000 2. Ltd.73 0.403 715.000 1. 25 Xiamen Huachen Clothes-Weaving Co.001 2.052.091 1.68 0. Ltd.004..232.000 13.697 698. Volume.513.738 1.81 0.69 0.000 1.56 0.000 1.565.032. Ltd.000 3.000 2.145.093 1.845.017. 30 Yuyao Global Trade & Technical Co. Ltd.53 0.166.001 880.386 1.000 1.. Ltd. 31 Shanghai Zhongwei Int'l Trading Co.79 0.100 1.. Ltd. Ltd. 21 Beijing Alison Import & Export Co. USD/kg 6.267. USD Price. Ltd. Ltd.69 0.040.69 1. Ltd.747 1.000 1.751 1.000 3. Fujian Province Qing Long Trade Development Co.933.. 26 Orient International (Holding) Shanghai Silk Imp. Ltd..321 1.644 1.116 1.198 764.70 0.79 0.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.547.440 807.78 0.000 1. China Silk Industrial & Trading Corp.. 34 Zibo Huayang Sanwei Co.68 0. Shanghai Poly Technologies Co..000 1. 16 Jiangyin Wan Xiang Chemical Fiber Co. Ltd. 33 Shanghai Ailisheng (Group) Co. Ltd.510 994.142.. Ltd..000 1.000 1.70 0.775.521 1.664 2.77 0.879 1.000 2.498.52 0.. kg 8.001 2.124. 12 Beijing Huayuan Asia Pacific Tech Co.131 958. Ltd.000 3. 29 Dupont Hongji Films Foshan Co.80 0.692. Ltd. 14 China Worldbest Group Colt. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co.55 0..326 2.78 0.000 3.81 0. Ltd. Shanghai Haixin Chemical Fiber Co.513. Ltd.72 0. Co.367 6.. 28 Shanghai Xinjiyuan Industry Development Co. Ltd.73 0.79 0.64 0. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co..452 2.855 3. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co.361. Ltd.026.400 1.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co.67 0.001 967.000 1.. Ningbo Century Huan Yu Imp & Exp Co.009 811.. 24 Xiamen Xiangyu Taiping Commodity Circulation Co. 15 Shanghai Jianfa Industry Co.126.286.255.451 976. Ltd.444 3.843.64 0.648 678.65 0.248 804.336 1.389 2.120 435.634 546.368.152 2..890 602.000 3.84 0.000 1.57 0.126..78 0.042.504.709 1.000 1.000.000 1. Shaoxing County Light Weave City Weave Imp & Exp Co..843 727. Ltd.000 Value.600.007.494.403.945.000 4.000 3.218 0..822.000 879.
49 Hangzhou Anshun Fibre Industry Co.293.400 347. Ltd.500 342.. 45 Fujian Huamin Import & Export Corp..53 0. 53 Sichuan Oriental Insulation Material Stock Co.77 83 . Ltd.392 365.77 0.400 300.213 376. Ltd.000 354.684 212.520 427. Ltd..411 168.000 323..778. 46 Jiangsu Wuyang Group Corp.. Ltd..93 0.450 323.61 0. 50 Shanghai Ai Li Sheng I/E Co. Ltd. 43 Xiamen Yundang Industry And Trade Development Co. 51 Zhejiang Grand Import And Export Co. 55 Ningbo Arts & Crafts I/E Corp.42 0.000 513. Ltd.800 494.63 0.73 0. Ltd. 47 Shanghai Ruiyuan Import & Export Trade Co.000 494.70 0. Others Total 832.719 45.985 0.792 333.310 379. Co.. 54 Ningbo Bonded Area Gaoxin Counter Co.326.408 198.80 0. Ltd.55 0.000 496.77 0..050 306.792 171..430 204.000 306.65 0. 44 Shanghai Aj Imp.67 0.655 414.190 259.649.. Ltd.69 0.68 0.000 337. Ltd.59 0.304 152.424 238. 42 Ningbo Yunsheng Imp & Exp Co.880 48.Ltd..40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.134 116. 56 China-Base Ningbo Foreign Trade Co. 48 Shenzhen City Hua Datong Rui Industry Co. & Exp.995 242.87 0. 52 Shantou Haiyang First Polyester Film Co.. Ltd.000 494. 41 Shanghai Union Jibsen International Co.978 503. Ltd.000 500.628 306.000 504. Ltd.60 0..925 158.
24 Tianjin Daanxi Recycling Short Fiber Co.275 874. Ltd.407.30 0.139... Ltd. 14 Wuxi Hengdalai Engineering Plastic Products Co.30 0.42 0.040.000 1.271 375. Ltd. (Group) Co.564 1.673 Value. Ltd.38 0. 8 Deqing An Shun Chemical Fiber Industry Co.. 6 Jiaxing Guangshun Fibre Industry Co..215 949.701.221 2. USD Price.36 0. 30 Dongguan Shangsha Shinghing Plastics Products Co. Ltd. 27 Shanghai Runnan Science & Technology Trade Co. 25 Hangzhou Anshun Fibre Industry Co. Importers Volume.000 1. 22 Changzhou Jin Yang Plastic Product Co.746 2.697.087 719.253.242 1.134 2.28 0.130 319.32 0. 23 Jiangsu Light Industrial Products Imp.820. Ltd.36 0.412 832.850 1. Ltd. 26 Taicang Wancai Regeneration Resource Utilization Co.613 845. 40 Kunshan Jianheng Fibre Plastic Co. 28 Yixing Luutian Fibre Co.348 1.705 542.692.. Ltd. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.376 423.30 0. 29 Jiaxing Litai Plastic Products Co. Ltd.181 1.64 0.30 0.78 0. 15 Jiangsu Easthigh Group Import & Export Co..312.858.403 371.983 2.. Ltd.396 3. 41 Zhangjiagang Dongcheng Fibre Co. Ltd. 31 Ningbo Younger Int'l Transportation Co.402. Ltd.326 211.500 4.33 0.305.463..30 0.42 0. Ltd.348.000 2..210.643. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co.062.153. 10 Hongfujin Precisidn Industry (Shenzhen) Co.333 329..311.938.775 3.42 0. Ltd.29 0..32 0.222 1.27 0..817 364. 3 Shanghai Dafeng Chemical Fibre Co. 34 Ningbo Jingyong Imp & Exp Co.529.06 0.30 0.645 1.040.873.000 770. Ltd.27 84 .30 0.715 1. 5 Hangzhou Guotai Fibre Co. Ltd. Ltd.261. kg 8..535.94 0.724 1. Ltd. Ltd.38 0. Ltd.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No.654 540.542..636 653.813 748.542 5.499 586..985 4. Ltd. 18 Churong Environment Protection Plastic (Shenzhen) Co.326 2.632.31 0. Ltd.30 0. 35 Anhui Anlike Toys Co. 2. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co.30 0.780 1.495 979.032 546.& Exp..647..009 2.815 108.749.30 0.255. Ltd.347 517.563.803 1..700 1. Ltd.469 1.517 1.545.& Exp.76 3. 7 Shanghai Nantian Economic & Trade Co.000. 12 Jingang Chemicals (Kunshan) Co.433 634.704 7.200 3.392.30 0. 19 Shanghai Jia Yi Chemical Ent Co. 4 Hangzhou Sanxing Paper Co..792 1. Ltd.49 0. Ltd.29 0.722.32 2. Ltd.308 0. Ltd.31 0..916 299.725 423.150.270 380.388 885.133 1.80 0.652 1.977 1. Ltd. 9 Shenzhen Longgang Foreign Economic Development Co. Ltd.499 509.177.001 687..700 231.676 913.. 39 Shanghai Guochang Chemical Co.293 4.915 1.47 0.799 774.408 466. Ltd.972 875. Ltd. Ltd.49 0.631 442. 16 Shanghai Dongjin Plastic Fiber Co.238..776 690. Ltd. Ltd.437. 11 Ningbo Ding Jia Imp & Exp Co.337 1. 13 China-Base Ningbo Foreign Trade Co.37 0.806.28 1.057 873.30 0.263 1. 32 Shanghai Sankai Commerce Development Co.250 2.817 228.970 2.001 789. 36 China Packaging Imp.020. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.291. 33 Jiangyin City Changlong Chemical Fiber Co.402 800. Ltd.
Others Total 85 . Ltd. Ltd. 44 Hangzhou Keyun Metal Co.380 183.440 134..70 0.30 0. 62 Ningbo Zhongbao Imp & Exp Co. Ltd. 57 Ningbo Xinxing Fibre Co. Ltd.30 0. 61 Shanghai Lianan Plastic Product Co.777 188.38 0.272 153.30 0. Ltd.742 46. Ltd.581 399.237 93. 58 Ningbo Fengshou Import & Export Co.30 0.28 0.305 189. Co. 52 Yangzhou Hong Le Toy Chemical Fiber Co.453 106.156 91. Ltd. Ltd.290 42. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co.119 178. 65 Yaxing (Taicang) Recycling Resource Development Co..30 0.77 0.800 234.360 335.34 0.474 215. 63 Zhongluu Industry Co.900 486.115 210.32 0.. Ltd.692 0.42 Humeng Foreign Economic & Trade Corp.. Ltd. Ltd.272 110.30 0. Ltd.100 342.739 56.924 40.627 134.30 0.32 0. & Exp..52 54 Shanghai Yongfeng Chemical Co. 46 Zhuhai City Qingan Huanan Economics & Trading Co. 59 Huzhou Tong Xing Plastic Co.890 172. Ltd.921 56.115 102.. Ltd.227.30 1.28 0. Ltd.160 64. Ltd.000 268... Ltd.65 0.. 47 Cipic Shanghai Imp. Manzhouli Corp..070 152.883 91.860 305.883 114.385 179.739 61. & Exp...450 46. Corp. 64 Orient International Holding Shanghai Foreign Trade Co.650 149.30 0.877 31.46 0. Ltd.832 103.000 628.28 0. 60 Anhui Tianfu Fibre Co.063 479.985 55..27 0.29 0.995 142. 48 Jiangyin Longyi Regeneration Plastics Co.846.950 104..150 158.289 87. 43 Laohu Powder Painting Manufacture (Taicang) Co..27 0.173 116.144 364.540 81. 56 Jiangyin Madi Recycling Co.627 78.39 0. Ltd. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709.407. 45 China Ningbo Cixi Imp.893 84.430 29. 49 Shanghai Feilun Industry Co.359. Ltd.30 0.333 51. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co.
000 813..250 483.000 20.619 23.974 55. 3. Ltd.246. Ltd.65 1. Ltd..828 122.000 18.86 1...73 1.50 1.& Exp.290 83. Ltd..725.000 61..05 2.893 19.00 1. 25 Xiamen Xiangyu Shangyang Trade Co.99 1.78 86 .. kg Value.209 248.222 200.29 0.. Ltd.000 59. Ltd.825 63. Ltd.11 0.28 0.391 220. 10 Xiamen Zhong Tian Plastic Co..34 0.016 15.. 36 Yuming Exactitude Industry (Shenzhen) Co.750.366 8.000 60.628 431. 40 Ningbo Bonded Area Honghe Store Co. 4 Jm Shanghai Nonwovens Co.145 41.000 400.138 103. 12 Jiangyin Beikaerte Steel Wire Products Co. Ltd.99 1. 11 Beijing Hua Yuan Asia Pacific Tech Co. 16 Zhejiang Grand Import And Export Co.35 1.E.06 1. 26 Fuqing Jiaxing Toiletry Co. 33 Fuzhou Jianing Cosmetics Co.000 203. Ltd.258 4.818 1. Ltd. 6 Honeywell(Kaiping)Industrial Polymers Co. 7 Taizhou Changshengda Plastics Co.388 65.42 0.54 0.000 75. Ltd. Ltd.000 74... Ltd.170.000 187.10 0.139 204.53 1.243 9.913 20.839 37...22 3.. 27 Dongguan City Kaiying Trade Co. Importers Volume. 3 Zhuhai Zhongfu Polyster Beer Galss Co.91 3.071 11... 15 Beijing Founder Import & Export Co.097 16.345. Ltd.000 1.612 46.600 5.000 10. Ltd. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co. 17 Tengxing Industry Co.60 2.490. Ltd. 32 Kunshan Litai Fibre Co. 5 Xianglu Fibers(Xiamen)Co. Ltd.91 1.96 1.92 1. Ltd. 8 Xinhui City Jiaxun Electronic Trade Co.. 39 Shanghai Xinxing Imp & Exp Co. Ltd.800 18. Ltd...400 105. USD/kg 1 Chenghai Huaxiang Plastics Co.26 0..48 1.974 315. 20 Hefa Vegetable Oil (Shenzhen) Co.287 138. Ltd. Ltd. 29 China Packaging Imp.486 9.000 380.85 3. 18 China National Construction Corp.034 49.494. 24 Ningbo Younger Int'l Transportation Co.87 1. 28 Ningbo Huaxi Int'l Trade Co.17 3..Z Huajian Electronics Co.25 1.64 3.881 1..606..749 479.556 47. Ltd.06 2. 31 Rexam Der Kwei Industrial (Shanghai) Co.69 1.. Ltd.160 9.675 890. 2 Guangzhou Duolilong Chemical Fibre Co. Ltd. Ltd. 37 Shantou S.925 4....465 20. Ltd.000 238.90 1.000 11.072 29. Ltd. Ltd.000 9.263 228. 34 Qingdao Ever Speen Zipper Co. Ltd.227 2.91 0.058.000 35. Tianjin Company 30 Shanghai Huiyou Storage Co..Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No. USD Unit Price...900 2.779 1.000 16. Ltd. Ltd.943 2. Ltd.763 17.723 54. 9 Tianchang City Changxing Terylene Chemical Fiber Co.16 1.70 3.162 30.. Ltd.799 40. 23 Shanghai Heshibi Chemicals Co. Ltd.000 2. 35 Zhangjiagang Bonded Zone Dong Hai Container Co.134 143. 13 Shanghai Huayuan Investment Development (Group) Co.250 2. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.965 10.800 689..08 0.172 364. 14 Jingyuan (Nantong) Chemical Fiber Product Co. Ltd.794 69. Ltd.05 0..000 7. 38 Shenzhen Baoan Foreign Economic Development Co.515 32.987 45.987 36.585 73.
000 2.071. Ltd.423 4.836 1.216. 14 Zibo Huayang Sanwei Co.85 0.. USD/kg 1 Shaoxing Tianlong Imp & Exp Co.624. Ltd.058 1.(Nantong) 8 Yuyao Global Trade & Technical Co.554 316 23 11 16. 18 Shanghai Jianfa Industry Co.. 19 Zhejiang Xiongfeng Imp & Exp Co..22 0.000 Value.050. 43 Shenzhen Longgang Foreign Economic Development Co.522 3. Ltd.91 0.404..125.000 3. kg 21.01 1. 2 Shaoxing Textile Co. Total 4.204. Ltd. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co.000 2. Ltd.895 6.920 3.153 1.989.Ltd.000 7. Ltd. 3 Shaoxing County Light Weave City Weave Imp & Exp Co.586. Ltd..970 957..073..900 8.810 3.. Ltd.450.947 2.842 9.002 2. 13 Shanghai Zidong Chemical Plastics Co.631.505 1. 50 Fuzhou Dong Li Cosmetics Co.109 0.504.93 1.99 1. Ltd.668 1.99 1..000 900 300 1..96 0.95 0.98 0. 22 Ningbo Bonded Area Gaoxin Counter Co. 17 Shaoxing Zhenya Weave Product Co.79 1. 7 Dongli Compound Fibre Co..226.000 1.892. Ltd. 9 Shaoxing County Nanfang Imp & Exp Co. Ltd.. Ltd.342.927 1. USD Price.500.50 0.510. Ltd. 47 Shenzhen Light Industrial Products Imp.419 3.368..768. 42 Shanghai Zijiang Special Bottle Industry Co. 27 Jiangsu Wuyang Group Corp.000 2.55 1. 24 Shanghai Jiuaifu Logistics Co..17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No. Ltd. Ltd.134.000 5.41 Shanghai Fangxin Plastic Mould Co..08 0.667 882.. Ltd.360 2.575 3. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co. Ltd.00 3.786 2.000 3.09 0. 23 Shanghai Huayuan Investment Development (Group) Co.02 1.158.00 5..952.545 806..178.410 1.90 0.149.000 2.. Ltd.500 1.561 3. Ltd. Ltd.000 1. 46 Lingwang ( Wuxi) Electrical Equipment Co.263.208. Ltd.121 1.000 3.. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co. 49 Shunde Xicheng Plastic Container Co.278.03 0. Importers Volume. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co.714 6.692. Ltd. & Exp. Ltd. 15 Ningbo Century Huan Yu Imp & Exp Co.345.000 1. 4 Dupont Hongji Films Foshan Co.80 12 Shaoxing County Yanzhong Trade Co.. 10 China-Base Ningbo Foreign Trade Co..725 150 45 2.. 16 Xiamen Tongrun Industrial And Trade Co.007.583 5.63 0.716 1.59 0.199 14.472 5. Ltd.504.441.348 2.391 4.968.228.79 1.000 3.000. Ltd.83 1.515.000 1.84 1.022.467. Ltd.89 0.554 3.. Ltd.251 998.605 884...90 2.508.450.228.218 3. 21.06 0.676 1.62 2..000 1.340.96 0.11 0.000 1.51 0..521.761.689 1.000 4.756 1. 5 Shanghai Hua Yuan Enterprise Development Stock Co. Company 48 Haolai Chemical Industry (Zhongshan) Co..08 0. Ltd.216 985.018.645.93 0.68 0. 87 .234 4.000 1.926.98 0. Ltd.726 1. 6 Shanghai Haixin Chemical Fiber Co.702 1.000 3.218 4. Ltd.868. Ltd. Ltd.684.
41 Jinjiang Fu Xing Zipper Co. Ltd.493 818.126 60.170. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co.10 0.971 360.68 1.171 268. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.000 500. Ltd..000 171.347 541. Ltd. 48 Nanhai City Jinglong Non. 40 Jiangsu Shen Long Business Out-Carving Group Co.500 105.. Ltd.316 108.227 289.84 0.88 0.800 500.773 421.000 521.39 0.810 954.000 118.613..000 936.94 0.615 252..(Nantong) 54 Nantong Huatong Fibre Co. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co.620 738.000 454.91 0.000 502. 29 Shanghai Justen Packing Material Co.658 512. Ltd..969 455..713 137.496.353 396.000 651.717 270.80 1. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1. Ltd.87 0.953 85.13 0. 37 Shaoxing City Longsheng Weave Products Co.70 1. 59 Ningbo Haitian International Co...328 440. 43 China National Chemical Fiber Corp.494 695.55 0.140 122.10 0.580 239.797 457.824 470.130 126..000 500.83 1.000 116.287 440..28 Zhejiang Grand Import And Export Co.219.87 0.400 272. 60 Xiamen Waitu Imp. 55 Jiangxi Fushida Trade Co.77 0. Ltd. Ltd.278 432. Ltd. 35 Jiangyin Wan Xiang Chemical Fiber Co.000 456.115 572. Ltd.87 0.57 0.79 0.000 136.962 550..99 32 Ningbo Arts & Crafts I/E Corp..85 0.873 178..544 760.000 500.437 165.026. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co.. Ltd.654 64. Ltd.502. Ltd. 58 Ningbo Dafa Fibre Co.74 0. Ltd.360 1. Ltd.000 100..580 379. Ltd.828 211. Ltd.241 735. Ltd. 56 Zhangjiagang Cheng Xing Chemical Fibre Co..170 54. Ltd... 52 Hangzhou Anshun Fibre Industry Co.. 42 Orient International Holding Shanghai Foreign Trade Co. Ltd.86 0.024 300. Others Total 88 .403 406.. 36 Ningbo Jiasaile Trade Co.171 109.80 0.000 190. 38 Shantou Haiyang First Polyester Film Co.27 2. 34 Shanghai Huaxing International Container Freigat Transporation Co.94 1.90 0.447 0.000 400.942 100.01 0..356 163.63 0. 30 Kaiping Mingxian Monofilament Enterprise Co.Weaving Co.763 646.000 500.173 212.03 0.000 500.309 186.90 2. 53 Dongli Compound Fibre Co.58 0. Ltd. 39 Shanghai New Long March International Trade Co. Ltd. Ltd.81 0.048 500. 57 Shanghai Zheng Bao Textiles Products Co.969. Ltd. Ltd.000 500.55 1.78 1..031 1.
310 857.479 1..000 340.634 11.232.67 0. Ltd. 26 Kunshan Jianheng Fibre Plastic Co. Ltd.125 977.602 17.837.942. USD Price.307 347.36 0. Importers Volume. 6 Fuyang City Fu Xing Imp & Exp Co.. Ltd.19 0.723 378.071.271.049.101.978 7..26 0.33 0. 14 Zhangjiagang Cheng Xing Chemical Fibre Co.Corp.50 0.49 0.47 Unit 3 Shanghai Runtong Int'l Trade Co.075 749. USD/kg 1 Ningbo Huaxi Int'l Trade Co. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co.160 797. 33 Ningbo Fengshou Import & Export Co. Ltd. Ltd..41 0.453 2.832. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.196 287. Ltd.284.682 420. 31 Dong Guan Foreign Service Co.. 35 Shenzhen Fbseg Industry Co. Ltd.40 0. 28 Shenzhen Baoan Foreign Economic Development Co. Ltd..824 452.612 3.270 1. Ltd.942..213 2.300 481.646 985. 11 Ningbo Younger Int'l Transportation Co.50 0..30 0. 34 Hangzhou Keyun Metal Co.184 3.751. 89 .718 1..706 4. 20 Jiangsu Easthigh Group Import & Export Co.378 3. Ltd.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No. 24 Shanghai Yongfeng Chemical Co.431 2..39 0. Ltd.38 0. 27 Kunshan Anshun Fibre Co..000 696.44 0.97 0. kg Value.142 964.048 1.754 342. 8 Hangzhou Anshun Fibre Industry Co.70 0.33 0.33 0. Ltd.824. 16 Wuxi Hengdalai Engineering Plastic Products Co.. Ltd. Ltd...082 1.802 1. Ltd.55 0.46 1. Ltd.464 749..494.497 438..66 0.470 1. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.118 509.45 0.38 2..384.083. Ltd.127. Ltd.694 1.. Ltd.419.038. 23 Shanghai Runnan Science & Technology Trade Co.122.665 4.603 1.055 827.079 431.664. 18 Yixing Luutian Fibre Co.32 0.240 467.201 4.134 1.43 0.425. 39 Shanghai Jia Yi Chemical Ent Co.419.58 0.314.730 12.242..696 3. Ltd.014 0.178 2.137 1. & Exp.102.219.876.478 4..772 3. 19 Shanghai Dongjin Plastic Fiber Co.41 0.431. 30 Dongwan Gaofuda Plastics Products Co.855.156 1.000 956.40 2.981 332.44 0.300 300.064.490 664..747.543 601. Ltd.515 253. Ltd. 36 Zhuhai City Qingan Huanan Economics & Trading Co.572 303. Ltd.813 1. 9 Churong Environment Protection Plastic (Shenzhen) Co. Ltd.484.437 831. Ltd. Ltd.48 0. 22 Jiangyin Sanqiang Chemical Fiber Material Co.& Exp.040 1.36 1.928 962. 17. 21 Lili Industry (Shanghai) Painting Co.345. Ltd.46 0.000 2.277 1.. Ltd.789 479. Ltd.149 136.106 310.049 229.730 322.807 2..33 0. Ltd.804 285.781. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co.867 3. 12 Hangzhou Sanxing Paper Co. 7 Hangzhou Guotai Fibre Co.03 1. Ltd.103.854.081 429.. 15 China Light Shanghai Imp.409.38 0. 17 Shenzhen Longgang Foreign Economic Development Co.40 0.03 0. (Group) Co. Ltd. 29 Zhejiang Zhenbang Chemical Fiber Co.495 3.211.725 1. 13 Jiangsu Light Industrial Products Imp.832 537.62 1. Ltd. Ltd.766 1. 25 Zhongcheng Ningbo Imp & Exp Co. Ltd. 40 Shanghai Ge Lai Di Fiber Products Co.248.371 8.146 663.116. 10 Jiaxing Guangshun Fibre Industry Co.518 618.80 0..
49 Shanghai Jiumao Foreign Trade Co. 56 Anhui Anlike Toys Co.45 0. 61 Yingjunren Plastic (Shenzhen) Co.046 46.31 0.533 215.882 187..333 108. Ltd.665 117.432 236.26 0.148 222.204 124. Ltd. Ltd.354 112. Ltd.737 36.549 179..170 105. Ltd..782 242.838 30.35 0. Ltd.250 242. 51 Dongguan City New Technologies Imp & Exp Co.30 0.830 195. Ltd. Ltd.41 Shanghai Yawei Trade Co.918 120. Ltd.365 102.42 1.90 0.030 121. 45 Shengqin Plastic Cement ( Shenzhen ) Co. Ltd. Ltd.42 0. 44 Ningbo Ding Jia Imp & Exp Co. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co.066 100. Ltd.000 408.905 188.550 154..636 250..174 513..555 237.05 0.656 36.056 570.54 0.550 368.532 119. 63 Qiyuan Plastics (Shenzhen) Co.30 0. 75 Shanghai Feilun Industry Co.46 0. 60 Pujiang Bai Lian Imp & Exp Co.30 0.30 0.80 0.35 0. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co.931.42 0.39 0. 59 Jiangyin City Changlong Chemical Fiber Co.016 121. Ltd.384 100.58 0. 53 Shanghai Yongkai Trading Co. 52 Shanghai Rongyi Chemicals Co.05 0. 65 Dongguan City Qifeng Foreign Trade Co.645 100. 74 Shanghai Lianan Plastic Product Co. Ltd. Ltd. Ltd..000 252.489 213.213. 545.30 0..000 125.757 251.. 42 Dongguan Shangsha Shinghing Plastics Products Co.073 110.607 361.884 159.215 390.333 149.& Exp.420 161.61 0.139 67. Ltd.000 707.50 1.627 35.000 805..46 0. 64 Humeng Foreign Economic & Trade Corp.123 350..31 0. Ltd.959 233.504 157. Ltd.30 0.30 0.. Ltd..513 297.42 0. 58 Jingang Chemicals (Kunshan) Co.269 490.034 74. Ltd.329 44.30 0. Ltd.. 73 Zhejiang Xinghe Group Industrial Co. 54 Shanghai Dong Hao Int'l Commercial Co.32 0..254 33.85 0.850 164.103 448.518 56. 70 Ningbo Dafa Fibre Co.874 66..64 0.356 449.529 123. 46 China Packaging Imp.30 0.320 107.217 83..000 254.932 0. 71 Shanghai Hanjia Metal Product Co.31 0. Ltd.500 329. Ltd. Ltd. 43 Jiaxing Litai Plastic Products Co. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution.463 99.828 179. Ltd.. 62 Hongkai Fibre (Quanzhou) Co. 48 Tianjin Daanxi Recycling Short Fiber Co. Ltd. 55 Changzhou Jin Yang Plastic Product Co..708 36.003 205.54 67 Ningbo Jingyong Imp & Exp Co.364..840 266. Ltd.327 112. 57 Taicang Wancai Regeneration Resource Utilization Co.231.42 0. Ltd. Ltd.529 260. Manzhouli Corp. 50 Haifu Development(Shenzhen)Co.450 460.62 0. Ltd.511 76.352 151.77 0... Ltd..77 0. 72 Wuxi Tianyi Int'l Trade Co.580 219.163 250.. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co...147 229.42 0. Ltd. Others Total 90 .615 161.
Price They disclose current price for bottle-grade chip is RMB10.V-2 Foreign Companies in China V-2. (DSR) is founded in April 2002. the United States and Italy. Ltd. three Solid-State Polymerization lines. But they refuse to disclose the names of those regions. And the company is the exclusive distributor for some regions. DSR occupies a total area of 24 hectares.com 1) Company Background Dragon Special Resin (Xiamen) Co. P. Address: Nanhai 1st Road..000MTs/month.000~15. It is a wholly foreign-funded enterprise. The main products of DSR are bottle grade chips. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. Ltd. Xiamen 361026. Han Jiang Website: www. heat through heat-transferring medium and electricity. industrial grade chips as well as other related high quality products. and they comment it is not high. DSR also provides public utility such as steam. 700/MT. DSR has a special PET production line.000MTS/year of special polyester annually. and current output is 14. Sales and Export They claim SDR has import and export license. At present.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise.dragonsr.1 Dragon Special Resin (Xiamen) Co.R. with the investment totaling USD274 million. The total production capacity of PET products is 320. 91 . they produce bottle-grade chips but don’t produce film-grade chips.000MTs/year. DSR's production facility is equipped with technologies and equipment imported from Japan.. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer. with the production capacity of 320. Haicang Investment Zone. capable of producing different grade of polyester chips.
China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr.R. Ltd. They disclose the company carries out production in accordance with purchasing contracts..195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. The production capacity is 300.com 1) Company Background Shanghai Lianji Synthetic Fibre Co..92 million.000MTs last year.000MTs/year filament grade polyester facility (Phase One) and a 30. Shanghai Lianji covers an area of 294. in 1994.300m2 and has 528 employees. 2) Situation of PET in 2005 . Ltd.. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co.Production They claim the company started to produce PET chip in 1995.The Phase Three polyester Project with yearly capacity 150.Price and Specifications 92 .Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Germany and Shanghai International Shanghai Growth Investment Ltd.2 Shanghai Lianji Synthetic Fibre Co. . . They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.000MTs/year and it produced 250. They claim the company is a Sino-Germany joint venture. Its total investment is USD138 million and registered capital is USD49. Zhuo Website: www. and the price of raw material keeps growing recently. Shanghai Lianji introduced a 70. which has advanced equipment and can produce high-quality products. Ltd.000MTs/year started construction on August 2002.shlianji. Shanghai Lianji passed ISO9002 in early time.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's. Address: No. Zimmer AG..V-2.
Ltd. P. in 1996. which makes the company one of the largest manufacturer in China.The company can supply many specifications.R. 68.czwbr. Current price is RMB10... National High & New Technology Industry Development Zone. West Waihuan Road. including dull. Raw Materials 93 .China Tel: +86-519-5100553-663.406 million and the registered capital is USD45. Ltd. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002.000MTs. and the production capacity is 270.2 million. They disclose there are three production lines of PET in this company. Changzhou 213022.. Italian Faostuo Radici Group.000MTs/year bottle-grade polyester chips. Ltd. V-2. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr. Xu Website: www. Address: No. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco.. (CWRC) was founded by Shanghai Huayuan Co. Ltd. Jiangsu Province. FDA test and Coca-Cola. The total investment of this company is USD11. semi-dull and bright chips.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. heat-resistant chip and edible oil chip hold 20%. respectively. 400/MT.3 Jiangsu Changzhou Worldbest Radici Co. CWRC’s water bottle-grade chip. Hongkong Qiule Development Co. ISO14001. 60% and 70% of domestic market. the daily output is 800MTs. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years. At present.
the price of water and oil bottle-grade chip is RMB11. 1.4 Changzhou Andenie Polyester Co. and edible oil. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG... Ltd. with the total investment over RMB400 million. Price At present.R.andenie. pet sheets and HDI. Yutang Industrial Park. The company exports half of its products to international markets. 2005 and only produces bottle-grade PET chips. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. drinking water. Xinyu East Road.000 square meters. the operation rate is about 80%.China Tel: +86-519-5778111. Swiss. At present. films. Jiangsu Province. Changzhou 213033.000MTs/year. Address: No. The company’s production capacity of PET is 220. P. Ltd. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. 5778666 Fax: +86-519-5778889 Person to Contact: Mr. Germany and SSP technology and facilities supplier Bühler AG. V-2. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. Xinbei District. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. but the rate will vary with the market demand. fruit juice drinks. etc. 94 . 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. Changzhou Andenie covers an area of 120. They disclose the company carries out production according to its purchasing contracts.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. Its bottle-grade PET chips can be applied in packaging of CSD. tea-drinks. as well as drugs. which is different from other PET producers.000MTs/year production capacity. Guan Website: www.000/MT.
tea-drinks. Shanghai 201419. They claim the price will change in accordance with the market.000MTs/year in 2005.cn 1) Company Background Far Eastern Industrial (Shanghai) Co. fruit juice drinks.000/MT. PET sheet. dyeing and finishing and other relative accessory facilities. and it exported 11. Ltd. chemical fiber. staple fiber. The company will accept new purchasing orders till Oct. 60. They disclose the PET chips of this company sell well currently. 500. The company passed DNV ISO9001: 2000 quality system certifications.000m2. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996.5 Far Eastern Industrial (Shanghai) Co. The production capacity of bottle-grade chip is 180.China Tel: +86-21-6875-1888 Person to Contact: Mr. Xinghuo Development Zone. Ltd. Factories of Far Eastern Shanghai occupy 370. POY. 2005.. Price and Specification The price of bottle-grade PET chips is between RMB10. because all the products produced in Sep. There are workshops for polymerization. Baisha Road. and edible oil.000MTs/year Differential polyester staple fibre. drinking water.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries.000MTs of PET chips last month. P. Wang Website: www.800/MT and RMB11. Pudong District. textile. They disclose the specifications of the bottle-grade PET chips include CSD.000MTs/year.000MTs/year 95 . DTY. and the company claims it will increase to 500. weaving.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. V-2.198.com.feis. have already been ordered. SSP. dyeing and finishing. Address: No. The product structure is as follows: Bottle-grade chip. Sales and Export The company has the import and export license.
. Ltd.000MTs. Changning District 200051. ventilating film and processing many relevant film products. Address: No. PET. Thereof.China.000MTs.R. Zhongshan West Road. the company has nine production lines. Li 1) Company Background Hunomik (Shanghai) International Trade Co. The company started to produce BOPP film in 1990.800.000MTs/year. The company specializes in producing BOPP. They disclose that the packaging of products for export is in compliance with the export packaging standard.700~1. the annual output of BOPP film is 30.000MTs/year. In general. In South Korea..933. about 200. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003.Production They claim the company has production facility of PET film. It is a wholly foreign-founded enterprise. PET film 17. ventilating film 4.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large.000m2.000MTs.POY.Price & Packaging The price of PET film depends on the thickness of products. Ltd. They comment that the price is slightly high in China. P.. with the capacity of 55. V-2. Shanghai. . (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H. 34.6 Hunomik (Shanghai) International Trade Co.000MTs and aluminized film 4. Industries Co. 9.000MTs/year DTY. 2) Situation of PET in 2005 . developed ventilating film in 1993 and launched into PET film field in 1997. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr. the price is FOB USD1. 96 . Ltd.S. Its workshops cover 50.
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
Liaoyang 111003.000MTs.000MTs/year of fiber products. PET. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC.000MTs/year of N66 salt (including AA). LYPC has been awarded with ISO 9000 quality certifications for all of its leading products. 10 production plants.45 million MTs of oil products and 900. each about 21MTs. LYPC is engaged mainly in oil refining and producing chemical products and marketing. If clients only need 1~2MTs.cnpc-lh. PP and PA units producing 400. In general.000MTs/year of PET. Ltd. LYPC has marketed its products all over China and exported to foreign countries.R.3 Liaoning Liaoyang Petrochemical Co.000 staffs and workers.000MTs/year this year and it will increase to 950. Sales and Export They claim the company has the import and export license.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. They comment this price is comparatively cheap. V-3.com. Address: No. Hongwei. they can offer less than container load.5 billion. Chemical Sector has PE unit.5 million MTs/year. Fuel Section can produce 1. Price & Packaging The price for common water bottle-grade chips is USD1.5 Torch Street. 2) Situation of PET in 2005 99 .035 FOB Zhangjiagang.000MTs/year of plastic materials and 50. The output in 2004 is 350. P. aromatics unit and nylon 66 salt unit which produces 90. the products for export will be packed in container. The company has bright film-grade and carbonated bottle grade chips in stock currently. 160.000MTs next year. LYPC now has 9 functional departments. LYPC currently has total assets of RMB13. 6 units under its direct control and 3 large joint ventures with 12. Liaoning Province.cn 1) Company Background Covering an area of 16 square kilometers. LYPC has 39 large production units with a capacity of refining crude oil of 7. while hot-filling bottle-grade chips products will be available next month. Fiber sector contains PTA.000MTs of light chemical oil annually. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company.They claim the company’s production capacity is 550.
medium viscosity chip for use in sewing thread. located in Guangdong Province and covering 700. bright fibre grade chip for civil use and industrial use.000m2 of land. 100 . high viscosity chip for industrial use. Color Venter Particle Factory. which has been listed.000MTs last year. 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. bright chip. 300/MT and that of oil bottle-grade is RMB10. The company has two freight docks.com.. (Kaiping Polyester) is a largescale collective group.China Tel: +86-750-2213758. Price The price of water bottle-grade is RMB10. Shagang District.. Guangdong. Meihua Road. Ltd.400/MT.000MTs/year. Ltd. Address: No. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. as well as Kaiping Chunhui Co.- Production They claim the company has PET stock at present. Fax: +86-750-2228836 Website: www. The company’s subsidiaries include Polyester Chip Factory..4 Guangdong Kaiping Polyester Enterprises Group Co.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. 2228111. Honeywell (Kaiping) Industrial Polymers Co. V-3.1.R. P. film grade chip and bottle grade chip. The total output of PET products is over 300. Ltd. Kaiping 529325.kaiping-polyester.
000m2 testing building. Its products of bottle grade PET have been approved by FDA test.000MTs/year PET for bottle. highly viscous chip for industrial use. It exports products to Japan and West Europe. Among them. 150. Address: Tangjia. Ltd. Zhuhai 519080. The company produces many species including light fibre chip.5 Guangdong Zhuhai Yuhua Polyester Co. Packaging. P. 140. and the price will be higher. Its structure of major products is as follows: PET for fiber. covers 230. EEC test and H203.000m2 of land and its construction area reaches 100. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. Ltd.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www. which are purchased in China and imported from foreign countries sometimes. The price varies in accordance with the viscosity degree of products. The viscosity degree is higher. light fibre chip for industrial use. (Zhuhai Yuhua).The company adopts glycol and PTA as the raw materials. 80 are engineers and technicians.000m2. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. Species and Price They claim the packaging is 1MT.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co. The company set up a 2. V-3. HR201. 10. Guangdong Province.yuhuapet.000MTs/year 2) Situation of PET in 2005 Production 101 .000MTs/year PET for film. Zhuhai Yuhua has 650 employees. Zhuhai Yuhua specializes in producing polyester chips.. established in 1988. which is equipped with hundreds of advanced analysis apparatus. etc.R..
including semi-dull chip. V-3. They disclose most consumers are willing to buy oil bottle chip 202 materials. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. flame retarding chip. By the end of 2002.. etc. which is effective for about one month. Ltd. Its registered capital is RMB860 million.000m2. Southeast Asia. At present. with the capacity of 150. Shaoxin 312000. Zhejiang Province.8 billion. China Cinda Asset Management Co. polyester staple and other products. Sales and Export They claim their products are sold throughout the country and other countries such as Europe. 102 . 600/MT. In the beginning of its establishment.R. China Huarong Asset Management Corp. Coca Cola bottle. the company only had 5. Ltd. P. etc. China Development Bank.000MTs/year for PET chip. . and other companies.They claim the company produces fibre materials. Ltd.6 Zhejiang Chemical Fibre Joint Group Co. UCFFG has six subsidiaries and holding companies. 000MTs/year. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications.000MTs/year.. the total assets of UCFG reached RMB1. the company’s production capacity has increased to 300. The company also produces chips for mineral water bottle. polyester long filament. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip. The price is RMB10.. oil bottle 202 and so on. (UCFG) was built in 1984 by China Orient Asset Management Corporation.000MTs/year of polyester filament. Address: Under Qishan Bridge. tea bottle. cation chip. UCFG covers an area of 380..China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. with a total capacity of 150.
The production capacity of semi-dull chip is about 200. Jinan Zhenhao Polyester Co.jnzhaf. V-3. processing and marketing chemical fiber. textile material.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co. Tel: +86-531-88068236 Person to Contact: Mr. Ltd. Ltd. LiXia District. Its asset is up to RMB2. specializing in producing. P.000MTs/year Polyester filament. Jinan Weide Fibre Fabrics Co. Ltd.000MTs/year Polyester staple.7 Shandong Jinan Zhenhao Advanced Fiber Co. The product structure of this company is as follows: IPA. The company owns 9 subcompanies.. Jinan Huaxian Scientific. ISO10012.R. 22. 100. About Jinan Zhenhao Polyester Co.000MTs/year PET melt and chip. The company has RMB220 million of fix assets. Ltd.. Ltd.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip. is a holding company of Jiannan Zhenhao.. Huaqianchang Road. ISO14001.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co.000MTs/year. 80 employees work for it and 29 of them are engineering technologists. semi-dull and bright chips. Ltd.39 billion.. Address: No. 110. 29..600 employees.2.. fabric and garment.. 103 . Shandong.8% of who are technologic support members and 89 people are senior technologists. Jinan Zhenghao has passed ISO9001. Jinan Zhenhao Polyester Co. 260. The company can offer cation. JiNan250100.. Jinan Zhenhao has 1. (Jinan Zhenhao) was founded in April 2002. Xi Website: www. Ltd.1 and OHSA18001..China. Ltd. Industrial and Trade Co. Ltd. Jinan Zhenghao Trading Co.
Tianjin. Sinopec Tianjin has 20 production facilities covering refining. Raw Material They claim the company produces PTA as well. Dagang District 300271.China. They claim the company has two sets of facilities. the facility of PTA has stopped for maintenance.500/MT.000MTs/year.76 billion is fixed assets.tpcc. chemical reforming capacity is 150. +86-10-51586861 Fax: +86-10-51586884 Website: www. It has its own special Oil Wharf and tank area in Xingang Seaport. including 30. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small.638 staff members. PET fibre capacity is 100.000MTs/year. with the total production capacity of 260. 60. and the daily capacity is 500MTs/day. Its oil processing capacity is 5 million MTs/year.The company adopts the China-developed technology to produce PET. Tianjin Branch.000MTs/year of PET chips. Sinopec Tianjin has 4. Tianjin Branch’s total asset is RMB6.8 Sinopec Corp. Normal output is 400~500MTs/day.46 billion. Sales The products are mainly sold in Shandong Province. Tianjin Branch (Sinopec Tianjin) was founded in Apr. and some are sold to Heibei Province. 104 .com.000MTs of filament. and they comment that the product can bring much profit.R. At present. among which RMB2.000MTs/year. V-3.cn 1) Company Background Sinopec Corp. chemical and chemical fibre.000MTs/year. P.000MTs/year facility has stopped production. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. Price They disclose the price of PET chip is about RMB10. Tel: +86-22-63822777. including 743 technicians. Up to now. about 60~70MTs/day.000MTs/year of staple fibre and 8. A set of 100. The capacity of PET chip is 160. Tianjin Branch Address: Sinopec Corp.
200.000MTs/year.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility.000MTs/year.000MTs/year. DMT. Price The company produces fibre-grade PET chip. 90. PET Staple Fibre facility. which is taken changed by the sales center in Beijing. 300. Mitsui Chemical.Sinopec Tianjin mainly produces 31 kinds of products of oil. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. Shell in Netherlands. Neumag Company of Germany. Chemical Fibre Section: Polyester facility. benzene. 250.000MTs/year. jet fuel. fuel heavy oil. It is called Sinopec Corp.China. light diesel. polypropylene facility. PET staple fibre and filament. coke. LuoYang 471012.000MTs/year. PLG. EO facility. including lead-free gasoline. P. 48. 600. PTA facility. chemicals and fibre. R.000MTs/year. 2.000MTs/year. Ethylene Section: Ethylene facility. kerosene.000MTs/year. 43. They claim the production capacity of PET is 200. V-3. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. Lummus. 120. Polyether Polylol facility. 105 . petroleum asphalt. 60. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. .000MTs/year. 200. PET chips.000MTs/year. Tianjin Branch. film-grade chips facility. Mitsui Toatsu Chemicals of Japan. 22.000MTs/year. 100.000MTs/year and differential staple fibre. PX facility. para-xylene. Union Carbide Corporation in the United States.200 at present. heavy aromatics. The price is RMB10. 80. Henan Province. polyethylene facility. FDY and POY filament facility. 000MTs/year.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. . etc.000MTs/year and EG facility.Sales The sales of this company have been unified.000MTs/year.
It was started construction in 1998 and put into production in 2000.com. that of PTA is 250. Sinopec LPC specializes in oil refining. including 2.Tel：+86-379-66996147. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. but the output volume is not as large as it. PTA facility. +86-10-51586861 Fax：+86-10-51586884 Website: www.000MTs/year.000MTs/year. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. and that of polyester staple fibre is 100.000MTs/year. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. UOP and Japanese Toray. which was invested in RMB6.100 employees.000MTs/year. chemicals and chemical fibre.500 employees.200 professional technicians.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. The Chemical Fibre Plant has five major production facilities. The plant carries out production in accordance with purchasing orders.000MTs/year.lypcc. DuPont. polyester facility. It has 1. including aromatic hydrocarbon facility. 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. Price 106 .4 billion. The capacity of polyester filament is 90. direct spinning polyester filament and direct spinning polyester staple fibre. Sinopec LPC has more than 8. The capacity of PET melt and chip is 200.
Sales They disclose the sales of its products are taken charged by the sales center in Beijng.000MTs/year. and most PET chips are used to produce polyester filament and staple fibre by the company itself. the group sets foot in real estate. Ltd.10. Tongxiang Development Zone. Zhejiang Province. and that of chemical filament fibre is 600. The price is RMB10. Zhu Website: www. .The company produces fibre-grade PET chip. V-3. Its products include: POY. It has more than 7. DTY DT FDY filament PET chip The production capacity of polyester is 720. It is a state-owned enterprise. Hangzhou 314500. P. agriculture..200 at present.R. Zhejiang Tongkun mainly produces polyester chip and polyester long filament..zjtkjt. Meanwhile. in 1999 and Tongkun Group Co. At present. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies. 107 .China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr.000MTs/year. trade. Only a small part of PET chips are sold out. Zhejiang Tongkun Group Address: No. the total asset of Zhejiang Tongkun is RMB2. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co.com 1) Company Background Zhejiang Tongkun Group (Zhejiang Tongkun) was established on the basis of Tongxiang Chemical Fibre Plant which was set up in 1981. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. .8 billion. including RMB1 billion of net assets. Ltd. in 2004. finance.000 employees. 2. Guangming. IT as well as printing and dyeing fields.
000MTs/year. Sales and Export The company has the import and export license. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180.000MTs/year and that of bottlegrade is 20. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. They disclose the company produces fibre-grade chip but not film-grade chip at present. HIMSON in India. UB20 LAUDA in Germany. Up to 2004.000MTs/year and 550. etc. Zhejiang Tongkun passed ISO9002. The price of bright chip is RMB10. In Jan 2001. which was put into production in Jun. Zhejiang Tongkun invested RMB120 million in the 160. 2002. Zhejiang Tongkun invested RMB310 million in the 180. 108 . no semi-dull chip.000MTs/year modified melt direct spinning long filament project.000MTs/year polyester and melt direct spinning production line. 2000. HONEY WELL in the US. In Jul. 2002. Price and Specification The company can offer fibre-grade and bottle-grade chips. 204. which was put into production in Oct. 500. In Aug. Zhejiang Tongkun invested RMB580 million in the 180. 2000. which was put into production in Sep 2003. They claim the market of PET this year is unfavorable.000MTs/year polyester project was put into production.000MTs/year PET chip project. About PET Project In Apr. the production capacities of polyester and melt direct spinning long filament reached 700.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”.Zhejiang Tongkun introduced equipment from TMT in Japan. The production capacity of fibre-grade PET chip is 180.
Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. The company also produces fibre-grade chip. . Xinjiang.cn 1) Company Background Xinjiang Tuhe Polyester Co.Price The price for bottle-grade chip in its latest purchasing order is RMB10. Ltd. Current operation rate of its facility is 100%.. The price will vary with the market.Production They claim the company hasn’t PET chip in stock at present. The company carries out production in accordance with the purchasing contracts.R. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. Its major product is bottle-grade PET resin. V-3. Chanji 831100. 800.. there are 225 employees in the company.000MTs/year..87 hectares. Ltd. Among them.000MTs/year. with the capacity of 110. P. Ltd. 109 . .000MTs/year. with the production capacity of 60. The company passed OHSA1800.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year. The production capacity of bottle-grade chip is 60. ISO9001: 2000 and ISO14001. as there are many buyers waiting for the products. The company covers an area of 13.11 Xinjiang Tunhe Polyester Co. At present.Sales They claim that the current market situation is comparatively good.China.com. 2) Situation of PET in 2005 . Address: Yan’an South Road. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO.tunhepet. The production capacity of multifunction and differential polyester chips is 60. 90% workers graduated from the technical secondary school or collage.000MTs/year.
Price and Specification The company produces bright and semi-dull chips. Heping street.V-3.000MTs/year. which started to produce PET as early as 1985.000MTs/year. that of filament is 36. The Company passed ISO 9002 and ISO9001: 2000. Ltd.000MTs/year and polyester industrial filament is 37.116.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion. Acheng city150316. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. It does not produce film-grade chip. The price is RMB10.12 Heilongjiang Longdi Stock Co.longdi. Address: No. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory. They claim their equipment is worldadvanced. It is a listed company. Heilongjiang. Miss Shao Website: www. At present. 300/MT. 2) Situation of PET in 2005 . They disclose the company has more then ten factories.R. the production capacity of PET chips is 160.biz 1) Company Background Heilongjiang Longdi Stock Co. that of polyester textile-grade staple fiber is 90. and the two factories work for 24 hours a day. It sells its products all over China and exports them to Europe and America. They disclose that the current output of PET products is not large. Japan..000MTs/year. The company carries out production according to the market demand.. Heilongjiang Longdi has the import and export license. Xiao. Sales 110 . P.China Tel: +86-451-53715382. Ltd. while only two factories are producing PET due to capital problem in the company. the United States and Italy. Heilongjiang Longdi imported the key equipment from Germany.
000m2 production facilities and over 4. (Push Group) was established in 1997. etc. Minjiang West Road. Push Plastic Building and Packing Materials Department. including over 500 technicians and professionals. At present. Address: No.000MTs/year.com.pushi. The claim PET chip cannot bring much profit because of expensive raw material. and 3D images and laser anti-fake products for packaging and advertising. while the production base is in Yinbin Sichuan Province. detergents and cosmetics.R. plastic packaging bags.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament. 340. Push Plastic & Polyester Department. polyester chips.000 employees.150. Push Plastic Pet Preforms Department. They disclose that PET products are stored in Dongguang Guangdong Province.. Its products include plastic anti-fake bottle caps. Price and Species 111 . The company carries out production in line with their purchasing orders. Yinbin 644007. and the total investment had exceeded RMB2. plastic pipes and fittings. while the industrial filament is profitable. Push Subsidiary Companies and Push joint ventures. The initial investment for Push Group was RMB300 million. Push Group has RMB3 billion fixed assets.0 billion by 2004.. Tel: +86-831-3565889. Products of Push Group are exported to European. It is a wholly subsidiary company under Wuliangye Group. Ltd. Push Plastic includes Push Plastic Closure Department. American and Southeast Asian countries. Miu. V-3.13 China Push Group International Co. Sichuan Province.. molds. Ltd. Mr.cn 1) Company Background China Push Group International Co. PET bottle preforms. Chen Website: www. P. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. etc. China. Push Group consists of three units: Push Group Push Plastic.
Jiangsu Wujiang Silk Group Co.000MTs/year Silk.. China Silk Industry Corporation. 2) Situation of PET in 2005 Production 112 . (JWSG) has five factories: Xinlian Silk Weaving Mill.. Longqiao. Camellia.China. The total asset of the group is RMB4 billion..R. mainly engaging in producing and marketing high-grade silk. Liaowu Silk Weaving Mill. Ltd. It was listed in 2004..000MTs/year Chemical filament. Ltd. Ltd. Xinhua Silk Weaving Mill. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr. JWSC integrates real estate. while the price FOB Guangzhou is USD1. 130. computerized embroidery. The products can be used in engineering plastic as well if it is processed to improve the performance.14 Jiangsu Wujiang Silk Co. About Jiangsu Wujiang Silk Group Co.silkgroup. V-3. Jiangsu Province. Ltd. Wujiang 215228. and Xinda Computerized Embroidery Plant. special filature. Xinsheng Silk Weaving Mill.. The total registered capital of JWSC is RMB313 million.They refuse to disclose the domestic price of PET products. The product structure of JWSG is as follows: PET chip. Jiangsu Silk Group Co. Shengze Town..com 1) Company Background Jiangsu Wujiang Silk Co. They claim the PET products in the company are bottle grade PET. Chen Website: www.. P. 120. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. etc. China Garment Group Co.130/MT. Ltd. scientific technology and trade. and Suzhou Foreign Economic Development Corporation.. Ltd. Sales and Export They claim the company has its own import and export license. Ltd.. (JWSC) was set up by Jiangsu Wujiang Silk Group Co. 80 million meters/year Computerized embroidery. Add: Shunxin Middle Road.
cation and other special chips. film and yarns are imported from the U.. covering 2 million m2.15 Zhejiang Cifu Group Co. development and production of raw materials of chemical fibre. Address: Binghai industrial strict. Shaoxin 312073.000MTs of chip spinning). All the key equipments of polyester. P.R. because film-grade chip is unprofitable.S. It specializes in the research.. Zhejiang Province.. Zhejiang Cifu consists of two factories. 113 . Zhejiang Cifu has more than 3. POY and FDY 400 thousand tons (including 300.A. cation dyed of DTY. BOPET and medicine fields. which produces 400. seven corporations and one research institute center as its subcompanies. Ltd. Ltd.com 1) Company Background Zhejiang Cifu Group Co. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. The output is 150MTs/day. semi-dull. Zhejiang Cifu sells its products both in China and abroad. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr.They claim the company started to produce PET chips ten years ago.000MTs of different specifications of semi-dull. France and Italy.600 staffs and over 10% have been educated in college. It is a comprehensive enterprise with USD500 million of total assets. The company has 6 production lines of small polyester. Xu. The company has passed ISO9001. Miss Li Website: www. V-3. 5621130.000MTs of melt direct spinning and 100. China Tel: +86-575-5101220. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. Germany. The company produces cation and other special chips but not film-grade chip. Specifications They claim the company offers bright. Japan.cifugroup.
2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET.R. Ltd. Sales and Export The company has the import and export license. such as Europe and Southeast Asia. cation.In 2003. including film-grade.. China..zgsc. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. and so on.000MTs/year and the daily output is about 300MTs. V-3. Zhejiang Province. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co.000m2 of construction area. 8039725 Fax：+86-575-8038161.6 billion. Ltd. Tel： +86-575-8038368. They claim their products are sold both in China and oversea countries. Price and Specification They claim the company produces many specifications of PET chips. because its production is in accordance with purchasing contracts.000m2 including 280. Address: Industrial Economical Development Zone. which can produce 200. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co.000MTs of high-speed film grade BOPET material and 120. Its total assets reached RMB1.500 employees..000MTs of BOPET.cn/rx/ZONGHENG/twjs. fibre-grade.16 Zhejiang Zongheng Group Co. Doumen County 312071. The capacity of film-grade chip is 200. It has five economic entities. Ltd. Meanwhile. 114 . Ma Website: http://www.. They disclose the company cannot offer semi-dull chip at present. It is predicted to be put into production in 2005. 8038160 Person to Contact: Mr. Zhengjiang Zongheng covers an area of 667.htm 1) Company Background Zhejiang Zongheng Group Co. It has 4.. P. covering. The price of film-grade chip is USD110/MT. Ltd.
and France. Xiangtan 411101. was established by Hunan Economic Construction Investment Company. Yuetang District. The company covers 334.000MTs/year Differential fibre. Germany. Ltd. The registered capital of the company is RMB250 million. 38..087 billion.000m2 and has 590 employees. V-3. The production capacity of polyester and filament of Hunan Jindi is 100. etc.000MTs/year Garment materials.17 Hunan Jindi Chemical Fibre Co.000MTs/year. Liu 1) Company Background Hunan Jindi Chemical Fibre Co. 40. Address: No. 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.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. with the total investment of RMB1.R.. 12 production lines of FDY and 4 production lines of POY. They refuse to reveal more information.The company has six batch polymerization production lines.. respectively. Shuyuan Road. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.000MTs/year. The product structure is as follows: PET chip. Hunan Province. including 248 professional technicians. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. The company introduced major equipments for polyester and spinning from Switzerland. Ltd. The company passed ISO9001: 2000. P. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . 100. Europe and so on. 160.
Ltd.000MTs/month.18 Sinopec Shanghai Petrochemical Co. 950. At present.spc.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. 14 million MTs/year Ethylene.38 million MTs/year 116 .com. Sales They claim the company has the import and export license. It produces semi-dull fibregrade PET chip.1 million MTs/year Synthetic resin and plastics. SPC has total assets of RMB 28. 5. The company carries out production in accordance with purchasing contracts. covering an area of 9. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. 950.48 Jinyi Road Jinshan 200540 Shanghai China P. 1.000MTs/month. and current output is 8. 200. By the end of 2004.cn 1) Company Background Sinopec Shanghai Petrochemical Co. Zhang Website: www. SPC has 72 sets of main production plants including oil refining. V-3. petrochemical processing.500 staff members on the regular payroll. Their filament products are exported to foreign countries. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972. The product structure of SPC is as follows: Crude oil. petrochemicals.000MTs/year Synthetic fiber raw material and synthetic fiber.8 billion and 28. Address: No. The company itself consumes 4. such as petroleum products.4 square kilometers. R. synthetic resins and plastics. It specializes in highly integrated production and operations of petroleum products. synthetic fibers and plastics. The company produces over 60 different types of products in 4 categories.000MTs/year Petroleum and petrochemical products. manufacturing of plastics and synthetic fibers. Ltd. intermediate petrochemicals.000MTs/year. Price They disclose the factory price is RMB10. synthetic fiber raw materials and synthetic fibers. They claim the production capacity is 100.
scjz. V-3.In June 1993. was set up by Sichuan Investment Group Co. It started to produce PET in 1982. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. The production structure of Sichuan Polyester is as follows: PET chip. Ltd. technology of filament production line from Swiss Inventa and equipment from Barmag AG. Zigong Investment Company and Sichuan Textiles Group Co.000MTs/year. 70. 2) Situation of PET in 2005 . in 1993.. . 332 of them graduated from colleges and 56 employees have senior and medium professional titles. SPC was listed on the Shanghai Stock Exchange.R. 117 . Its total assets were RMB144. the price of raw materials rises accordingly. At present. the production capacity was 80.It has 963 employees. Sichuan Province.. They disclose that the price of PET chip went up last week.911 million.000~11. Address: No. -Price and Specification The specification of PET chip has bright and semi-dull chips.000MTs/year Polyester staple.. technology of polyester staple production line from Japanese TOYOBO.000MTs/month.19 Sichuan Polyester Co. Ltd. Zigong 643010.Sales They comment that current market of PET is unfavorable.com 1) Company Background Sichuan Polyester Co.800/MT. Sichuan Polyester covers an area of 220. As the price of petroleum goes up. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company. PET chips cannot bring much profit.88. Da’an.China. 20. the production capacity is 8. Ltd.000MTs/year Polyester filament. Juxin Road.. Kong Website: www. Ltd. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr.000m2. At that time. Current price of semi-dull chip is RMB10. P.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC. 100.000MTs/year.
yuandonggroup. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200. 1. heat and power plant.000 MTA polycondesation capacity (in which 420. And 100. P. The company produces PET chips in accordance with the purchasing orders.000MTs/year polyester chips.20 Zhejiang Yuandong Chemical Fiber Group Address: No. 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. V-3.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment). polyester filament. 300. totaling 800. Li Website: www. draw texturing. East Street.R.000MTs/year.2) Situation of PET in 2005 Production They claim the output of PET chip is not large at present and the total production capacity of polyester is 90.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. Japan Morata & Teijin seiki. At present. Major products of Zhejiang Yuandong include: POY FDY 118 .China Tel: +86-575-4816306.000MTs/year DTY and 120 million meters colored fabrics for customer processing. dyeing & printing.000MTs/year each from Germany Zimmer AG. polyester staple fiber. Sales They disclose most PET chips are kept to produce polyester filament and staple. -Price The factory price is RMB10. Ma’an Town. They disclose the price changes frequently because the price of raw material goes up quickly. 500/MT. real estate.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. Shaoxing. Zhejiang Province. 80. Only a small part is sold out.
China Tel: +86-571-82799247.hengyi. 300.000MTs/year Polyester staple fibre processing.Price The price is about RMB10. The company itself consumes some PET chip to produce polyester filament. Hangzhou 311209..000 staff members. . They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German. 520..Sales and Export They claim the company has the import and export license.21 Zhejiang Hengyi Group Co. filature and weaving as well as R & D and trade. Shi Website: www.DTY Staple fibre PET chip 2) Situation of PET in 2005 . They disclose current output is about 600MTs/day. V-3. Xiaoshan District. Zhejiang Province. 35 million meters/year 119 . . Zhejiang Hengyi specializes in the production of polyester.com 1) Company Background Zhejiang Hengyi Group Co. Address: Yaqian Town. 300/MT at present. 80. Zhejiang Hengyi covers an area of 530.000m² and employs more than 4. Currently it only produces fibre-grade PET chip.R. 82797888 Fax: +86-571-82759919 Person to Contact: Mr. It carries out production in accordance with purchasing orders.000MTs/year Met direct polyester filament.000MTs/year Garment fabrics. 1994. It changes in accordance with the market situation. P. The total asset of this group is close to RMB5 billion. Ltd. The product structure is as follows: PET chip. (Zhejiang Hengyi) is a state-owned enterprise established in Oct.Production They disclose the company has produced for four or five years. Ltd.
Address: Dongji Sub-zone. and they claim the price is not high in the market. P. Ltd.China Tel: +86-13925187591. (Guangzhou Yamei) is a China.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre.22 Guangdong Guangzhou Yamei Polyester Co. The company passed ISO9002 in 1998. V-3.000 area of land. The company also produces polyester filament and polyester staple fibre.. Its workshops cover 80. Huang Changzheng. ] They claim the production technology and facilities are imported from DuPont Company. . and the capacity of 75.R. Guangzhou Economic & Technological Development Zone. . 120 . Guangzhou 710730.. US and Japan trilateral joint venture enterprise with investment of USD70 million. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips.000MTs/year. The company has the import and export license.Production The company only produces fibre-grade PET chip. The fibre-grade PET chip in this company is semi-dull chip. thus it only sells a part of PET chip.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10. 2) Situation of PET in 2005 . Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. Guangdong Province.Zhejiang Hengyi exports its products to foreign countries.600/MT. Ltd. +86-20-82215900 Person to Contact: Mr.
23 Guangdong Fushan Chemical Fibre Complex Co. The continuous polyester viscosity increment facilities of 20. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72.45. The company has four factories: Foshan Polyester Chip Plant.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998. Address: No. Fuluo Road. Main products of this plant include: semi-dull and bright chips.cn ` 1) Company Background Foshan Chemical Fibre Complex Co.000 tons/annum.. Foshan. chips used for non-ordinary type fiber.R. since the Property recombined in 1997.000MTS/year. Chancheng District. (Foshan Chemical). Among them. accounting for 1/6 of total staff. V-3.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. such as cation-dyeable chips ordinary bright chips used for film masterbatch chips used for film other function chips used for film 2) Situation of PET in 2005 Production 121 . Ltd.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr. Guangdong Province. Foshan Synthetic Fiber Plant and Spinning Thread Plant..fcf. senior engineering technicians account for 10% and medium engineering technicians account for 30%. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China. Ltd. Total production capability of the company is 150. Dong Website: www..com. Foshan Polyester Filament Plant. Ltd. The company has more than 400 experts and technicians.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips. P.
and the company also produces polyester filament. V-3.. Raw Material They disclose raw materials are expensive at present. is very large.. also produces PET chips. Ltd. Wang 1) Company Background Hainan Xingye Polyester Co. and all materials for PET are exported from foreign countries.China. Address: No.19. Gang'ao Industrial District..000MTs/year. the output of Guangdong Kaiping Polyester Enterprises Group Co. (Hainan Xingye) was set up by Hainan Textile Industry Company. 000/MT. The company has two production lines of PET. thus the both production lines of PET are carrying out full-scale production.000MTs/year.They claim that the production capacity of PET chips in this company is about 70. Haikou. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008. Price Current price of PET chips is claimed to be about RMB11. Ltd. and only a small part is sold to others. With respect to PET filament. P. Its production capacity is about 180.R. Ltd. about 400. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Hainan International (Oversea) Investment Co. The daily output of PET chips is 230~240MTs. Ltd.000MTs/year.. Hainan. Sales and Export They disclose most PET chips produced by the company are used to produce filament. Ltd.24 Hainan Xingye Polyester Co. They also disclose that this company is a state-owned company and it is in the process of restructuring. The production capacity of filament is 35.. Xinye Road. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr.000MTs/year and it is the midseason for filament at present. BOC Haikou Trust and 122 . which is a downstream product of PET chips.
Guanghan. It covers an area of 117.000MTs/year.China. Spin materials.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament..000MTs/year. P. Because raw materials are expensive. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr. 000m2. the company’s operation is in the process of loss. Chemical products. Chemical fibre. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. The capacity of PET downstream product filament is 60. They disclose the company will not sell PET chip in the future.Production They claim the company has been produced PET chips for about ten years.. Ltd. . In 2002. At present. In 1992. Ltd. 123 . Address: Shaoxin Road. V-3. the capacity of PET filament reached 60. The capacity is 160. while the price of polyester products is comparatively relatively low in the market. accounting for 35%. In 1995. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co. Main products of this company include: Polyester chip. The production capacity is 60. 2) Situation of PET in 2005 .25 Sichuan Guangkang Chemical Fibre Co.Investment Company.R. Hainan completed its first phase of PET project was completed.000MTs/year.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation.(Sichuan Guangkang) is a joint venture. At present..000MTs/year. Ltd. The total investment is about RMB 350 million. the capacity of PET Polyester reached 60. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. Sichuan.
The Production capacity is 40. V-3.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. Xu.R.85. and started the first phase.78 and above 0.Cai Website: www. The company has passed ISO9002 and got American FDA certification. At present. Ltd. Sales and Export Most PET chips produced by this company are consumed by the company itself. 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.soe-film.R.000MTs/year PET project in 1995.37.000MTs/year. 8603975 Fax: +86-754-8251298 Person to Contact: Mr.000MTs/year. Huange Road. 30.26 Guangdong Shantou SOE First Polyester Films Co. but they disclose this price is negotiable. The price of bottle-grade chips is RMB11.000MTs/year non-fibre-grade PET chip. However. and monthly output is more than 3. Guangdong Province.. Guangdong Province. P. P. of the 60. its production capacity is 40.cn 1) Company Background 124 . Mr. Here the products occupy 95% of polyester chip in marketplace.China (PET resins factory) Tel: +86-754-8231485. Address: North side of Xigang Bridge. In addition the company is exclusive producer for PET in southwest District and northwest District. Daxue Road.000MTs. Shantou515041. it supplies PET products to long-term clients as well. Shantou 515041.China (PET films factory) No. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0.com. 000.
etc. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company. homo. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. 125 .036mm) and width range is 330mm-1500mm...008-0. etc. (Shantou SOE) is a joint venture company. It produces PET and BOPET. Major PET chips include film grade and bottle grade bright chips. Quanzhou Quangang SOE First Polyphenyl Co. Ltd. film grade PET chips are include audio base film.. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995..PET and co-PET chips. 2) Situation of PET in 2005 Production The company is a joint venture. Ltd. Shantou SOE First Polyphenyl Co.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.Shantou SOE First Polyester Films Co. SOE consists of Shantou SOE First Polyester Films Co. Ltd. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA. Film products of this company include: audio base grade PET films packaging grade PET films hot . (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA).. video base film and packaging PET films.. Ltd.. Shantou SOE has equipped two sets of independent additives preparation systems. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE).
the consumers mainly distribute in local area. They disclose that at present his company has no PET stock for packaging industry.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. Xinjiang. table-water bottle and so on. which are produced by the company itself.000MTs/year currently. They disclose their clients purchase PET products to produce drink bottle. They comment that the prices are slightly high. They disclose that the market of PET chips was not very good last year. Their products are sold in China and aboard such as Europe and America. The prices are effective for about one month. At that time the designed capacity was 12. 500/MT. 500/MT and RMB11. 000. the production capacity is 3. canned bottle. With respect to PET chips. they claim the company started to commence the production in 1990.000MTs/year. R. Species.000MTs/year and the output last year is claimed to be 3. At present. and they can produce different species according to clients’ requirements. and it increased to 15. Sales and Export The company has imported and export license. Urumchi 830019.com 1) Company Background 126 . film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. film chip with additive and bright film chip (without additive). and film grade chip has two species.They claim the company has been producing PET film for more than ten years. The company adopts glycol and PTA as the raw materials. V-3. P.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. But because production capacity is little. PET chip includes film grade and bottle grade. The price for film chip with additive is RMB10.upc-chem. They claim the production technology and facility of BOPET was imported from German Bruckner. Price & Packaging They claim the company has many species of PET film products. later than PET film production. 000~RMB30.000MTs.
zbcfc.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998. The Chemical Factory of UPC has passed the ISO9001: 2000.. Sales and Export They claim UPC has import and export license. Current price is RMB10. engineering and transportation. carbon dioxide. Power Plant as well as some specialized service organizations such as equipment installation. long-efficient urea. material supply. Current output is 700~800MTs/month. Products of UPC are sold in China and exported to many countries and regions such as Russia. They estimate the price will go up next month. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr. Plastics Plant. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. Zhejiang Province. It has already established serial development and production organization of relative products such as amino.China.com 1) Company Background 127 .28 Zhejiang Zhenbang Fibre Co. Southeast Asia and Middle East.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. resin powder. amino-plastics. Cixi 315334. 1.000MTs/month at most. UPC consists of Chemical Factory. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years.000MTs/year. But usually they don’t export PET chips V-3.R. burning-proof bubbling foam materials and liquid ammonia. P. Ltd Address: Hangzhou Bay New Zone. Zheng Website: www. 200/MT.
Ling Website: www.2 polyester fiber factory. Luoyang Nanfeng specializes in the research and production of different polyester chips. All PET chips produced by this company are for sale. Its annual capacity is 200.000 square meters. The company’s differential PET chips include: 128 . The company was established in May 1997. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. Henan Province.29 Henan Luoyang Nanfeng Polyester Co.000MTs/year. It has 1.lypet. and also provides consultation and service of polyester producing system.R.. Its total assets have reached RMB1 billion. Luoyang 471003. Address: Lichun West Road. Its main products include: polyester chips staple fiber filament DTY elastic fiber colored PP filament 2) Situation of PET in 2005 They disclose that the company’s production facility is in the process of maintenance and it has stopped production. The production capacity is 20.com 1) Company Background Henan Luoyang Nanfeng Polyester Co.Zhejiang Zhenbang Fibre Co.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr. The production will not be resumed until Sep 15. (Zhejiang Zhenbang) was founded in 1990... and holds the stocks of Ningbo Donghong Fibre Co.300 employees and covers an area of 635. V-3. The company also produces filament with PET melt.1 polyester fiber factory and No. Ltd and Ningbo Anbang Fibre Co. Ltd. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. Ltd. The production capacity of PET chips is 1. Zhejiang Zhenbang owns No.. They claim the company is an integrated enterprise and have been producing PET chip for two years. Ltd.000MTs/month after maintenance. Ltd. (Luoyang Nanfeng) is held by China Airbome Missile Academy. P.000MTs/year.
500~10.600/MT. The company carries out production according to purchasing contracts. Price They disclose that the factory price is RMB10. They are willing to offer bottle and film grade chips for long term.000MTs/month. They disclose that the company mainly produces special PET chips. The company also produces bottle and film grade chips.Fire-retardant poly ethylene terephthalate chips Cation deep dyeable pet chips Alkali solubility pet chips Pet chips of low melting point for color batch Pet chips of low melting point for heat-bondable fibers Alcohol-modified pet chips Other functional pet chips 2) Situation of PET in 2005 Production They claim the company has been producing PET for six or seven years. 129 . but the quantity is small. The production capacity is 1.
. information and electronic materials such as thermal ribbon for video printers. The company will be put into production in 2006. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. Anhui Province on Nov. 130 . It is a sub-company of SK Group in Korea. Address: Tongling.China 1) Company Background SKC Co. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company. the registered capital of Anhui TSF will be USD12 million. and also produce imaging.. which can be used in almost all white goods.1 Anhui TSF Electric Materials Co. Ltd. SKC is the fourth largest polyester film producer in the world and the largest in Korea. Ltd. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. and Anhui Tongfeng Electrics Co. metallized film and film capacitors. latest type electronic elements and energy-saving power equipment.V-4 Potential New PET Manufacturers V-4. According to the contract. solar control window film for automobiles and buildings. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. P. About SKC SKC was established in 1976. Anhui TSF will produce polyester film for capacitor. SKC mainly produces polyester film. 2004.. Ltd. Anhui Province. and dicing tapes for protecting and holding semiconductor wafers. (Anhui TSF) in Tongling. Anhui Tongfeng mainly produces a complete series of capacitor film..R. Ltd.
131 .V-5 Closed PET Manufacturing Sites Not available.
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