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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
Middle East and Africa will still account for about 30%. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. Some PET producers have announced to invest new PET facilities. the price of PET decreased USD209/MT. that in North America will slide down from 50% in 1990 to 41%. Although the growth rate of demand is higher than that in Europe and North America. Recently the price of raw materials rose again. the price of PET in North America goes up. 2005. However. Indonesia and Thailand by . and the price ever rose to USD1. Because of the high operation rate and large price increment of the raw materials. the price increment of PET in the United States was as much as USD594/MT. As the application technology gets mature increasingly. and PET producers have increased the PET price RMB88/MT since Aug.000MTs compared to 2003. Although the International Trade Commission of the United States decides to nullify the import tax on PET. However. Global Overview of PET . it is estimated that the import of PET in the United States will keep stable this year. there will be a 1. the import of low-price PET will strike the United States in 2007. 760/MT in Dec. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. decreasing import as well as few newly-built facilities. DAKAmericas. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. According to statistics. Asia becomes the key region of PET demand. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. For instance. the import volume of PET in 2004 decreased 44% to 150.000MTs/year in 2006. together with the antidumping tax imposed on the PET imported from India. that in Europe. 2004. The growth rate of PET demand in Asia especially China is the fastest in the world. Due to the strongly resuming demand. It is estimated that the demand of PET in Asia will account for 29% of the global demand.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. PET manufacturers still can obtain profit because the cost of raw materials dropped. As the demand off-season comes and the price of raw materials slides down this year.Executive Summary 1. In 2004. 3 .25 million MTs/year increment of PET production capacity in 2005 and 500.
PET is mainly applied in fibre. the press on the profit ability in European PET industry will continue to exist. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. bottle and film fields. In developing countries. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. the overplus of PET production capacity in Asia was about 2.8% of global PET was used to produce chemical fibre. it doesn’t react with other drink and produce ill odor. the consumption volume of bottle-grade PET in the world was 5. At present. In future years. about 14% of global PET output was used to produce film.6% of total consumption. easy to re-airproof. At present. transparency. In 2002. with the consumption volume of 235. Since PET entered the market. It is predicted that such situation will turn better until the price of raw materials falls down.7 million MTs. The proportion of fibre-grade PET will drop in future years. Because the capability of PET resin is steady. In past years. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005.000MTs. the product is used for many fields for its excellent properties such as light weight.4 million MTs/year. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. oolong. In 2002 the PET output volume in the world was 26. film-grade PET will take a larger part of PET production in the world.4% in Chinese bottle marketplace. and in 2004 this volume increased to 31. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market.5 million MTs. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers.In 2004. Asia-Pacific will follow North America. and the global consumption of PET bottles arrived at 6. more than half of global PET was used to produce chemical fibre. In 2004. which will reach 4. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. and this proportion will be up to 17% in 2005. and North America will become the largest market in the world with the consumption volume over 250. 4 . black tea. At the present the PET has been applied in drink.6 million MTs in 2004. If new PET facilities are put into production on schedule.4 million MTs/year.000MTs. PET producers in West Europe restrict the import of PET through antidumping.8 million MTs in 2003. In 1995. 54. The operation rate will be as low as 60%. especially the price of materials is low. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. mineral water and other packing fields. and the application in other fields only accounts for 1.
5%. and its proportion in global chemical fibre output increased from 36% to 40%. accounting for 49% of global output (exceeding 7 million MTs). China is a large PET consumer. Chinese polyester filament output increased 24%. Chinese PET production capacity accounts for over one third of global PET production capacity.2. Although the rate of operation of PET in China was not enough. Meanwhile. accounting 42% of the global output. which will drive the consumption volume of PET. In China. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. far higher than other countries. and lays the foundation for the continuous development of textile industry. it created conditions for Chinese polyester products moving to international market. and polyester staple fibre increased 22%. With respect to the output of chemical fibre. From 2005. 5 . PET Market in China During 2000 to 2004. about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene). The consumption volume of PET products in China increases at the rate of 8. 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. the output in China grew rapidly in 2004. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry.
magazines. Consumption Patterns of PET and Price Trends. consumption. production. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. This report is presented in five parts: The main body-Technology Development. consumption. The information in this report is dated to Sep. export. either those who are active in production or those who are idled now. introducing the major producers in China based on the extensive telephone interviews. In order to obtain the details situation of Chinese manufacturers. plan. etc. Market Trends and Forecast. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. discussing and summarizing the production situation in China form aspects of present production situation. even if they already stopped. 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. The appendix-Manufacturers in China. raw materials.10RMB 6 . production level. in order to uncover the situation of each producer from aspects of capacity. The detailed findings of each manufacturer has been edited and summarized for reference. etc. market view. etc. etc. extensive telephone interviews have been conducted. The aim of this report is to provide basic understanding to the Chinese manufacturers. Rate: 1USD=8. journals. 2005.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. In most instances. technology.
After polycondensation reaction between PTA and EG. I-1. and cutting PET into chips or granules in water. few PET producers take this technology in China. then PET can be obtained through polycondensation reaction.. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . DMT technology and PTA technology. The production flowchart of PET is as follows: PTA Esterification.000MTs/year PET chips production line into production. put its 60. PET product for distribution is produced. Ltd. Now in China. The following is the brief introduction of the two technologies.2 PTA Technology PTA technology adopts PTA and EG as raw materials. I-1.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. At present.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction. Sinopec Yizheng Fibre Chemical Co.
the reaction pressure should be higher than atmospheric pressure. The optimum reaction temperature is within 275~290 ℃. The key points in the second step include: • • • • In order to shorten the reaction time. during the esterification phase. 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. and be various in terms of various reactors. Thus the polymerization degree and reaction speed can be improved. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃).2:1.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET.1~1. Time for polycondensation reaction is two hours at least. • • 8 . 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.
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 equipment of this process is simple. The automatization level of this process is high. The one-step and two-step processes are basically similar. Here the definition of two-step process is different from that of cold filling PET bottle. I-2. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. I-2. If the material of bottle top and bottle body is PET resin. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines. stretched and blown plastic after being deposited for more than 24 hours. There are special requirements on the bottle top. both one-step and two-step can be adopted to mold the bottle top first.1 Introduction of Cold Filling PET Bottle Molding Technology At present. In general. being stretched and plastic blown.I-2.2 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.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. One-step process is also called thermal forming. stretching and blowing in the twostep process are completed by two separate machines. The automatization level of this process is low while the energy consumption is high. Two-step technology is that pipe blanks are heated. if PC is taken as the material of bottle top.6. while the production of bottle blanks and plastic-injection. the investment needed is not large and it is easy to operate and maintain it. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position. stretching and blowing molding machine.6. 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. only two-step process can be adopted. while the energy consumption is low. the molding process of one-step technology is unlike the process of two-step technology. However. then to another position. and the one-step process needs to make corresponding operation to the bottle top when moulding the bottle preform blank while the two-step only needs to do such operations before heating. The difference is that one-step process is completed by one plastic-injection. Because of the special requirements of hot filling PET bottle. The two-step production process of hot filling PET bottle is: 10 .
This method is widely used in hot filling PET bottle production at present. 11 .PET resin→desiccation→bottle top crystallization→re-heating pipe blanks→stretching and plastic blowing→thermal forming→cooling forming→product.
PEN has a high heat enduring performance. preventing water or vapor from damping the products. I-3. as the major function of PET packaging material.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. such as preventing oxygen from oxygenating the food. I-3. equipments. These requirements become key problems in the development of plastic beer bottle.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. Meanwhile. Thermal forming bottle is fit for 85℃ filling requirement. 95% of beer in China is produced with pasteurization method. while the lost of CO2 in the beer will have impact on the bubble effect. I-3. processing and PET performance improvement. preventing CO2 from emanating out. They are thermal forming bottle. liquid and other infiltrations.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. At present. Therefore. preventing aromatic flavor from emanating out. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology.4 Multi-layers Technology 12 . milk and fruit juice industries. which makes the fresh-keeping period of beer in PET bottles reach 100 days. In order to replace the glass bottles and metal cans packaging in beer. It can be produced into over 80℃ hot filling bottles. They adopt co-injection and blowing pulling technology.5L and 2L beer bottles. They have experimentally produced 350ml and 500ml PET bottles. Therefore. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. and are developing 1. the bottles can endure over 90℃. which will be a profit spotlight. three categories of heat endurable polyester bottles have been developed. tea and other drinks needing hot filling packaging. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. and the packaging requires enduring 6267℃. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. At present. Even minimum oxygen in the packaging container will make the taste of beer changed. highly obstructive PET is mainly used in food and beverage packaging industry. At present. After thermal forming. I-3. highly obstructive performance is attached more and more attention. they are constructing new factories and plan to carry out large-scale production. for the huge future market potential.
but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. As transparent polyester. the purchasing managers respectively from Coca Cola and PEPSI. Thus these beverage products need well-sealed packaging. Mr. multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. At first. the two beverage giants in the world. Barnaby Wallace and Mr. EVOH is an efficient material with high gas-resistance performance. In China about 70% of products from Coca Cola are distributed by distributors. 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. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. Amosorb is a positive interlayer.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. The demand of EVOH increased 13 . used as oxygen absorbing agent in packaging industry. Amosorb is used in the more profitable multilayer bottles. Switzerland. I-3. developed Amosorb DFC that is a kind of polyester.Three-layer or five-layer bottles can be produced. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use. And later BP purchased Amoco Corporation. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). commented by Farha and Wallace. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. which was headquartered in Britain. Said Farha. The other question about multilayer bottles is the recycling question. and is estimated as another method to improve the sealed performance of polyester. Farha commented that the using amount of un-returnable drink bottles will increase. or carry out plasm disposal (ACTIS technology). EVOH and MXD6 and PEN. EVOH can improve the resistance performance of PET bottles over ten times. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. Even though the high price and the challengeable recycling job. In 1998 Amoco Corporation put Amosorb into commercial production. having permanent oxygen-absorbing function. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. which means that the low-cost well-sealed packaging bottles will have a huge market potential. BP Corporation. Mr.
In the United States the total market value of PET for bottles was about 4 billion pounds (1. England. I-3.PET Bottles In Oct. Meanwhile. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. Chinese beer industry generally adopts pasteurization method after filling. Nippon Gohsei constructed a 15. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. complex technology and special requirements on equipment. Although its gas-resistance property is improved. So PEN have good performances of gas obstructive. On the molecular side chain of PEN. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. They have produced semi-transparent beer bottle sample. the gas-resistance property and heat endurance of bottles have been improved. and the market size of EVOH and MXD6 was about four hundred million pounds (180. resistance property of which is 14 .7 Nanometer. The above two methods have disadvantages of low transparency. Carbonic acid beverage bottles and beer bottles made via ester exchanging reaction between PEN and PET. it is only adapted to asepsis filling due to its low heat endurance. chemicals resistable. It is reported that the resistance property of NPET is stronger than ordinary PET. difficult to be recycled. lower gas absorption.81 million MTs). and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. 2004. Since 2002 the demand of EVOH in Europe has increased with 15% rate. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. Miami and other five cities.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material.rapidly along with the rapid demand of PET bottles.000MTs). I-3. 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. UV obstructive (UV of wavelength under 383nm can be obstructed). and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit.000MTs/year. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications. whose sales number of the bottles added up to 300 million. Hull. The difference between PEN & PET is only on the molecular side chain. In the United States and Western Europe. it can be disinfected with alkali and recycled. which reduces the cost. which meet the requirement of three to six months of retention period of beer. heat resistable (Tg＝112～ 123℃).000MTs/year EVOH manufactory in Saltend. there are naphthalene nucleuses instead of benzene rings.
while the production cost is lower than that of glass bottle. this kind of products has already met the technologic condition of large-scale production. and its coating rate is as high as 6. the fresh-keeping period is prolonged over 6 months. Sealica TM technology adopts repeating injection technology.said 3-4 times higher than PET bottle.000 bottles an hour. it will not be damaged in the process of transportation and deposit. the heat endurance property has been improved.2-2L consistent high resistance PET bottles. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET.9 Glaskin TM from Tetra Pak China In Apr.. for beer and juice market. I-3. Therefore. Glaskin TM is a patent technology of Tetra Pak.000-18. Through improving PET’s heat endurance and gas-resistance properties. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. A Glaskin TM bottle including label and faucet only weighs 34g. Compared with ordinary PET bottle.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. thus less pollutant is produced during transportation. put out its newly developed two technologies. The future of NPET is favorable. 15 . Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. 2005. Tetra Pak China Co. Meanwhile. Glaskin TM technology aims at highresistance packaging applied in beer. Glaskin TM and Sealica TM. I-3. Because the layer is coated in internal surface of the bottle. every product packaged in the bottle can achieve the longest storage life. injecting a layer of high-resistant polymer on the PET bottle top blank. This new technology can produce 0. which offers excellent gas-resistance and fragrance-keeping property to products. It achieves the same effect as glass bottle does. Its process adopts coating the internal of PET bottle a monox layer. With stable and reliable performances. the transportation weight of each Glaskin TM bottle reduces 320g. Ltd. The thin monox layer can be recycled by current PET recycling equipment.
chip for water bottle. bottlegrade chip and film-grade PET chip. widely used polyester with the biggest production volume. insulated film and so on. Film-grade PET chip is used to produce film. super bright chip and cation chip. Its specifications mainly include chip for carbonated drink bottle. Bottle-grade PET chip is used to produce bottles. bright chip. PET chip can be divided into three types: fibre-grade PET chip. include capacitance film. 16 . Fibre-grade PET chip is used to produce polyester filament and staple fibre. Generally. magnetic-film.I-4 Product Types of PET PET chips are the earliest developed. chip for edible oil bottle and chip for hot filling drink bottle. Its specifications include semi-dull chip.
there is a gap between Chinese technology and foreign advanced technology at present. France. the usage volume of stibiumcategory catalysts accounts for 90%. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. Process The conditions of polycondensation process in China and abroad are basically similar to each other. Chinese PET producers started to research PET production technology and achieved innovations since 1990s.5 hours for foreign producers. 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. Facility Almost all major PET producers in China adopt PTA facility to produce PET. This is similar to overseas PET producers. However. In general. Japan. There are few DMT facilities in China. it’s about 10 hours for Chinese producers while 3. silicon. the technology applied by Chinese PET producers was introduced from foreign countries. there are few such breakthroughs in China. The comparison of Chinese and foreign technologies is narrated from following aspects. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. With respect to the total reaction time. Currently. zirconium and natrium and their mixture. At present. Britain and the United States are the main technology sources. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. Catalyst Amongst most catalysts used by PET production facilities. and the step of technologic innovation falls behind at the same time. Product Quality 17 . Italy. aluminum. neither in foreign countries. Some companies aboard have already started to develop the catalyst system using lanthanon.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. while there is a big difference on the conditions of esterification process in China and abroad. Chinese producers usually adopt comparatively low temperature and pressure.
there are still three major restriction factors in PET production which Chinese PET technology cannot solve.Generally. there is few difference between Chinese and oversea PET products in terms of environmental protection. slow crystallization speed and weak stabilization of size. processing performance as well as the content of aldehyde. including weak intensity of melt. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. German BASF Company. 18 . as well as certain pressure-endurance. heavy metal and ash. Technologic Bottleneck Currently. Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. The PET engineering plastic products of American GE Company.
including labor.. it will become the largest PTA project. Ltd will hold the remaining 75% stake. the largest single production scale in the world. 19 . Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. producing and marketing PET film in China in 2006. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential. Therefore. Ltd.6 million MTs.000MTs/year PTA production line. will set up a joint venture. the fourth largest PET film producer in the world. TSF will achieve sales revenue of USD17. and corresponding 50. TSF will produce polyester film for capacitor.000MTs/year PET facility in Zhangjiagang. After being put into production.. water. and it will be put into production in Sep. In addition. 2005 in Daxie Island of Zhejiang Province.14 million. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co. who will offer the raw materials of film-grade chip to TSF. SKC is a sub-company of SK Group in Korea. etc. power. and its annual production capacity will reach 2. will have a 900. 2006. named TSF. Daxie Mitsubishi PTA project will build 600.the fourth generation Mitsubishi PTA technology. products produced in China are distributed in local regions.000MTs/year PTA facility put into production. SKC South Korean SKC Company. After three phases projects completed. and the cost of production in China is low. which is a Sino-Japanese joint venture project started construction in Jun. which have great influence on PET production in the world.000MT-grade liquid chemical dock. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. Mitsubishi Daxie Mitsubishi PTA project. more and more foreign companies. come to China and set up factories jointly with Chinese large chemical fibre enterprises. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. The total investment of its first-phase project is USD314 million. The total investment of the whole project is about USD1 billion.
Changzhou Andenie mainly engages in producing and marketing bottle-grade.000MTs/year PTA project in Ningbo. Taiwan Formosa Chemicals & Fibre Corp. CWRC also invested Euro 65 million into a 165.000MTs/year in 2004.000MTs/year polyester filament.000MTs/year.000MTs/year in 2004. with total production capacity of 220. plans to build a 350MTs/year polyester project in Kunshan. jointly set up by Italian Radici Group. announced to enlarge its production capacity of bottle-grade PET..000MTs/year.. but the schedule has not been fixed yet. film-grade PET chips. Shanghai Worldbest Co. plans to set up a second PTA facility in Ningbo. Italian Radici Group Changzhou Worldbest Radici Co. FET Shanghai is a sub-company of FET.. Ltd. Taiwan Nanya Plastics Corp. Taiwan Formosa Chemicals & Fibre Corp. the largest non-fibre PET chip producer in China... Ltd. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. and Hong Kong Qiule Development Co.- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. Ltd. In addition. planned to increase its 30. CWRC’s PET chip capacity is 270. which will be put into production in the third quarter of 2006. (CWRC). Jiangsu Province.000MTs/year PET production line project. (FET) is an important polyester producer in Taiwan. Ltd. it has 50. With total investment of USD114 million. Ltd. a wholly subsidiary of Korea Kohap Group in China.000MTs/year...000MTs/year polyester staple fibre facility in Sichuan Province. invested a 600. Nanya Plastics Corp. Formosa Chemicals & Fibre Corp. FET has two production lines of PET. Huvis Huvis plans to build a 220. Zhejiang Province.000MTs/year polyester staple fibre and 290. It is put into production at the end of 2004. 20 .000MTs/year polyester filament capacity to 130. FET Far Eastern Textile Ltd. which makes its total PET production capacity reach 450. Ltd.. Its production capacity is 220. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co.
II-2 Key Factors Influencing PET Production II-2 .1 International Raw Material Supply During past years, domestic supply of raw materials for PET production, PTA and EG is insufficient. Chinese PET manufacturers have to import PET and EG from foreign countries or regions. The annual import quantity of PTA accounts for about 60% of the total PTA consumption in China. Chinese PET manufacturers have to suspend their production when they are unable to purchase raw materials or the volume of available raw materials is very small. China’s PET production relates greatly with the international raw material supply chain. In 2004, the short supply of PTA made PET output in China only 50% of the total PET capacity. As the largest PTA manufacturer in the world, BP thought that China has the largest PTA market demand in the world and BP is very concerned about Chinese PTA market. A senior executive from BP estimated that the total production volume of BP in Mainland China would reach 3.7 million MTs and the imported volume would reach 4 million MTs by the end of 2005. And he also estimated that the imported volume would be higher than three million MTs for a long time in the future even though the domestic production volume is increasing gradually. A professional in domestic PTA industry estimated that the annual growth rate for PTA would continue the 12~14% growing rate for the huge demand from the domestic textile industry. At present, there is a large supply gap of PTA in China. Although several sets of large-scale PTA production facilities have been put into production since 2003, the dependence degree on export still increased to 56%. In 2004, Chinese PTA increment accounted for about 62% of global increment, which had great influence on PET market. China’s demand for EG is also very big. And domestic supply can’t meet the increasing demand of EG. Thus the Chinese manufacturers have to import EG from foreign countries or regions with very big quantity. II-2.2 Domestic Consumption In China, most PET products are used in three main fields, PET fibre (polyester filament and polyester staple fibre), PET bottle (packaging) as well as PET film. PET fibre is a most important chemical fibre for textile industry, and China is the largest textile and cloth production base in the world. PET fibre mainly includes polyester filament and polyester staple fibre. In general, more than 80% of PET in China is used to produce chemical fibre. In 2004, the output of polyester filament in China grew to 7 million MTs and its consumption volume was 7 million MTs. The output of polyester staple fibre increased to 4.3 million MTs, and China consumed 4.7 million MTs. The total PET consumption for both polyester filament and polyester staple fibre in 2004 was 9.78 million MTs. In 2005, the consumption volume of polyester filament and polyester staple fibre will increase to 8.2 million MTs and 5.9 million MTs this year, respectively.
It is predicted that the output of polyester filament in China will increased to 9.5 million MTs and that of polyester staple fibre will rise to 6.5 million MTs in 2010, both of which will consume 18 million MTs of PET in 2010. Therefore, chemical fibre industry is an important influencing factor for the production of PET. PET bottle is another consumption field of PET products. PET bottle can be used for packaging of beverage, beer, edible oil and other products, thus the market of these products is another influencing factor of PET production. In 2004, 1.2 million MTs of PET was used to produce PET bottles, accounting for more than 10% of total PET consumption. In 2010, the proportion will increase to 15%. In China, at about 5% of PET is used to produce PET film, and this proportion will grow in next few years. Thus the development of film industry influences PET production as well. II-2.3 High Cost of Raw Materials Currently, a major factor that restricts the development and application PET in China is the high cost of raw materials. In 2004, the price of international crude oil rushed to the peak of USD55.67/barrel, soaring 78% compared with the beginning of 2004. The price increment became a direct force to drive the cost of PX and ethane, and then increase the cost of polyester raw materials, PTA and EG. The impact on PET raw materials from the international oil price is still remarkable in 2005.
Chinese PET manufacturers mainly use PTA and EG to produce PET products. In Aug. 2005, the average domestic price of PTA is about RMB7,900/MT, and the average price of EG is about RMB10,000/MT. In Sep. 2005, the prices of PTA and EG will rise to RMB8,260/MT and RMB10,500/MT, respectively. The average price of PET in the same month is RMB13,000/MT. There is only a little profit for PET producers. In addition, because the raw material supply of PET greatly depends on import, the price fluctuation and supply of raw materials in international market have direct impact on Chinese PET industry as well. However, as the chemical fibre, food, beverage, cosmetic, wine and beer industries develop at a high speed, more packaging materials are needed. In order to reduce the cost of packaging cost and bring more profit, more and more investments are or will be put into the research of raw materials. It’s sure that the production cost for PET will reduce and the application range will be wider and wider, with the improvement of processing technology and the expansion of production volume. II-2.4 Competition with Foreign Competitors In 2004, the apparent consumption volume of PET in China was 11.6 million MTs, growing 34.51%. And the apparent consumption volume will increase to 13.9 million MTs in 2005,
according to the commitment of China’s entry into WTO.growing 19. the PET price has increased from RMB8. large investment in equipments. Taking beverage industry for example.7% and 2%. These technologies have many unfavorable factors. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future.500/MT to RMB14. Japan. Chinese government lowed down the import tax for products of polyester chain including PX. South Korea. II-2. which directly stimulated the price of beverage 23 . while China only imports a small quantity of PET. PTA and PET by USD5~10/MT. Most imported PET is from Taiwan. In China. Therefore. high production cost and environmental pollution caused by recycling difficulties. During the past two years. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. Meanwhile. which makes domestic manufacturers feel pressed. China is a attractive market for foreign PET producers. Because the raw materials for PET production in China mainly depends on import. On the basis of the tax rate in 2004. the tax rate of PTA was reduced 0. The price of edible PET materials once roared from RMB 7. II-2. High cost of raw materials including PTA and EG is the main reason for PET’s price increment. Therefore.31%.5 Customs Tariff In 2005. these unfavorable factors have limited the wide application of PET in China. such as strict requirements on plastic processing machines. and some PET giants have already set up companies in China. foreign competitors have the advantages in terms of technology. and that of PET and PX was cut down 1% to 9. II-2.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. 710/MT in 2003 to RMB13. multilayer compound technology is the mainstream of PET obstructive packaging technology. The cost of beverage packaging material PET accounts for half of the product cost. raw material supply and sufficient investment.7 PET Price Price is a very important factor that influences the sales of PET. It is estimated that this volume will keep double-digit growth in next few years. 000MTs/year. infiltration-resistance and radiation-resistance is still a blank in China.5%. China needs to import PET products from foreign countries. and the United States. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. complicated processing control. 100/MT in 2005. PTA and PET. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products.5% to 6. It is likely to reduce the import price for PX. it’s estimated that the production quantity of this kind of products will increase at a high speed.
It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. In addition. 24 .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.
there are some difficulties of PET production. II-3. Advanced technology can improve production output and reduce production cost.12 million MTs respectively. or the improvement degree is not enough. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. the shortage of raw materials will still be a serious problem in Chinese PET production. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry. II-3. and the production capacity of these two materials will increase a lot in recent years.II-3 PET Production Difficulties In China. Therefore. it still cannot supply enough PTA and EG for PET production. II-3. The reason for this phenomenon is that the cost of performance-improved PET materials is too high. Technology for PET production is still in the process of research and development. Although there are some new or ongoing projects of PTA and EG. Chinese manufactures have to import raw materials from abroad.15 million MTs. domestic supply of raw materials is far to reach the demand.5 million MTs and 3. especially the PET bottle manufacturers of beverage and beer industries in China. Therefore. mainly including technical difficulty. beer and wine industry.2 Shortage of Raw Materials Chinese PET manufacturers have to suspend their production activities when they cannot purchase raw materials or available raw materials are insufficient.3 Capital Shortage 25 . China’s total demand of PTA and EG in PET production will be 11. In 2005. while the output of PTA and EG will be 3. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity. the gas-resistance performance is a technical problem remaining unsolved at present.1 Technical Difficulty Technology is a key factor influencing production. shortage of raw material as well as capital problem. or the performance-improved PET materials bring difficulties for the recycling of bottles. while as of now none of them was really accepted by PET users. However.74 million MTs and 1. It directly increases the production cost of PET.
Capital problem is another serious problem in PET production in China. 26 .PET is a capital-intensive and technologic intensive product. It needs large capital investment in every production sector. Some PET manufacturers in China stopped some of its production lines for capital shortage.
mainly depending on polyester fibre with low value-added in domestic and oversea market. far lower than the 35% average level in the world.1 Distance and Problems Compared to PET production in foreign countries.2 Prospect and Opportunities China has the biggest textile industry in the world. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. Aiming at Chinese chemical fibre market. Chinese PET products are inadequate. - - 27 . Polyester fibre products account for about 90%. The upstream and downstream products are out of joint. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. which consumes a large volume of fibre grade PET products. The contradiction of product structure is serious. China is also one of the biggest manufacturing bases of electronic products in the world. beer and food production industry in the world. The demand of domestic chemical fibre has not obtained great breakthrough. - - - - - - II-4. Chinese government attaches importance to environmental production. much more fibre-grade PET will be used to produce polyester filament and staple fibre.II-4 Competitiveness of Chinese Production and Supply II-4. China has the biggest beverage. while non-fibre products only account for 10%. Current Chinese polyester industrial chain is serious unbalanced. The United States and European Union set many handicaps to Chinese chemical fibre export. Especially after the textile quota was nullified in 2005. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. especially the environmental protection will be the next barrier to China. there is a large distance and many problems in Chinese PET production. Thus thin film grade PET consumption will keep incredible growth rate in the world.
28 .- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business.
II-5. the supply gap of PX in China will be up to 1. 29 . while the increment of PX was only 450.5 million MTs/year. China imported.1 Demand & Supply Situation Because of steady growth of demand.1 PX PX is a principal material of PTA. thus it is an indirect raw material of PET.1% compared to 2000. China needs to import large quantity of PX from abroad every year.12 million MTs/year which demanded 2. the production capacity and output of PX increase continuously. most PX in China is used to produce PTA. During 2002-2003.74 million MTs.6 million MTs. In 2003. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity.1 million MTs in China. while the production capacity of PX was 2.8 million MTs. hitting a historic record and increasing 72.4-6. the global PX consumption is mainly concentrated in PTA field. the new capacity increment of PTA was bout 1. According to custom statistics. In China. with the consumption volume accounting for about 85% of total PX consumption. On that occasion.36 million. The supply of PX produces much influence on PET production. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5. the production capacity of PTA in China reached 4. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007. the production capacity of PX is predicted to increase 1. At present. However. China is the largest import country of raw materials for PET production in the world. It is predicted that the gap between PX demand and output will widen further. Up to the end of 2005. the cost of raw materials accounts for about 75%~80% of the total cost of PET production. due to large demand gap. By 2006.1. II-5.II-5 Raw Material Supply Situation At present.50 million MTs. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. The capacity construction lags far behind the growth of the demand. Since 1990s. 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.21 million MTs to 3.000MTs. as Chinese polyester industry grows rapidly.
especially facilities in South Korea. regardless to the claims form downstream buyers.- Many new PET facilities were put into production in the past years. and no new PX installations were put into production. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. announced to stop its PX facilities in Jamnagar in Oct. 30 . 2004. RIL’s total capacity of PX is 1. on the other hand.2 Pricing of PX The following table describes the price information since Jan. The reasons for the price increment lie in that on the one hand. a PX giant in the world. 2005 for about 40 days. while the import price of PX kept rising during this period. It shows that domestic price of PX was relatively stable since Jan. Indian Reliance Industries Limited (RIL). are under checking and fixing. - Even in sometime.1. huge PTA demand caused the PTA shortage problem. Many PX facilities. II-5. 2004. the price of international crude oil keeps on increasing. which will probably result in regional tense supply. thus the PX supply situation becomes more tensional.35 million MTs/year.
000 980 II-5.500 9.1. China needed to import large quantity of PX from abroad.800 9. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1. the output of PTA in China was 3.350 9.300 9.500 9.640 9.450 9. Therefore. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.720 9. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA.630 9. CIF MCP.830 9.Table II-5.600 9.536 9.700 9.800 9.2-1 Pricing of PX since Jan.5 million. 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.6 million MTs.650 9.1 Supply of PTA in China In 2004.2.500 Import Price.750 7.750 9. 31 . while the consumption of PX by PET was 10.625 9.500 9.2 PTA II-5.820 9. RMB/MT 9.
2.. Ltd.. Ltd. 13 Sinopec Luoyang Petrochemical Co. PTA has maintained a stable consumption rate during the past ten years..000 900. but about 60% of domestic PTA demand depends on importing from other countries. Zhejiang Shanghai Tianjin Luoyang.000 400.2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China. Ltd.000 350. Ltd. Xinjiang Jinan. Zhejiang 5 Ningpo Dupont Co. Ltd. 14 BP Amoco Zhuhai Chemical Co. 8 Mitsui Chemical (Shanghai) Co.000 350. Ltd.. 6 Mitsubish Chemical (Ningbo) Co.. Shandong II-5.000 530. 12 Sinopec Tianjin Petrochemical Co. The consumption of PTA in China’s market has accounted for 30% of the global consumption. MTs/year 1. 4 Zhejiang Hualian Sunshine Petrochemical Co.000 500.000 75. Ltd.000 980. Ltd. As the raw materials for PET production.000 60. The following table shows the consumption volume in PET production in China and its growth rate in past ten years. Ltd. Zhejiang Shanghai Shanghai Xiamen. Ltd. Ltd. Henan Zhuhai.000 450.000 1 Sinopec Yangtze Petrochemical Co. Total Ningbo.1-1 Major Chinese PTA manufacturers No..000 450. 2 Petro China Liaoyang Petrochemical Co. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year. 16 Jinan Chemical Fibre Group Co. Fujian Shaoxing.2.. Ltd. Chinese PTA market will keep on increasing..0000 530.000 3. 32 . Jiangsu Capacity. 15 Petro China Urumchi Petrochemical Co.000 75. Jiangsu Liaoyang. Manufacturers Location Nanjing.. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years. 10 Shaoxing Zhanwang Group Co.000 500.. Liaoning Yizheng. 9 Xiamen Xianglu Group Co. Zhejiang Ningbo..Table II-5.. 3 Sinopec Yizheng Chemical Fibre Co. Ltd. Ltd....000. PTA import.850. 11 Sinopec Shanghai Petrochemical Co. Guangdong Urumchi.000 350. Ltd. Hangzhou.. Ltd. 7 Far Eastern Industrial (Shanghai) Co.
000 6.000 7.900.900 8.653. USD/MT 1.200 9. 2004 to Sep. Table II-5. MTs 4.100 8.110.20% 9.95% 9.000 8. RMB/MT 8.515.150 9.Table II-5.000 4.2-1 PTA Consumption by PET in China Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption by PET Production.860.966.24% 10.25% 8.200 8.775 9.90% 9.750 8. 2004 to Sep.424. and average import price was USD890/MT.730 8.525 8.040 8.167 7.2-2 PTA Price during Jan.740 8.15% Growth rate The following table shows the price information of PTA during Jan. 2005 in China. CIF MCP. 700/MT.000 9.99% 9.795 8. 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.120.300 8.020 980 980 970 825 850 858 850 845 836 825 820 880 885 845 825 800 810 The above table indicates that both domestic price and import price of PTA had fluctuated in the past months but they didn’t vary very much during this period.000 9.260 Import Price.300 9.960 8.536.69% 9.000 8.2.405.830 8.000 11.560 8.000 5. 33 .000 10.000 5.850 8.29% 13.2.030 970 965 1. The average domestic price stood at about RMB8.
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.
2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.700 2.049.900 788.517 317.587.400 230.906 Production 106.400 749.537 228.700 843.034 389.173 489.000 Consumption 656.000 Volume 4.145.600 1.019.083 1.050.182.900 707.100 1.200 100 200 2.500 883.700 1.038 882.100 969.844 581.597.000 Production 550.800 907.062 170.163 1.127 2.600 1.402.966 2.957.900 23.200 566.900 3.3.900 1.500 906.530.094 Import Export Apparent Consumption by PET Consumption by other 35 .418 127.052.100 2.500 807.156 3.013.737 143.000 3.462.600 199.000 Volume 205.600 5.300 308.300 3.763 740.901.516.000 23.572.482 660.410.676 2.400 35.300 1.224 560.700 1.639.100 558.005.000 2.Table II-5.100 2.300 31.
2004 to Sep.980 9.960 10.300 9.060 950 985 995 1.600 10.960 9.050 1.790 10. 2005 in China Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price. USD/MT 1.2-2 EG Price during Jan.500 Import Price.900 10.300 9.870 9.850 11.3.100 890 775 800 855 880 945 36 .200 9. CIF MCP. Table II-5.750 9.020 980 990 1.800 10.065 1.200 10.030 970 1. 2004 to Sep.500 9. 2005 in China.960 9.The following table shows the price information of EG during Jan.070 1.860 9.110 1.500 10.930 9. RMB/MT 9.085 1.890 10.
far higher than the global average growth rate. Before 2004. In 2004 the international oil price went up greatly which affected the market situation of PET’s raw materials and made the cost of PET production increased. the output and apparent consumption volume of PET in China grew at a double-digit rate. from 1995 to 2004.II-6 Historic PET Market Development PET industry was started in China in 1987. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. which in Asia. thus the production volume of PET in China has also increased at a rapid speed. especially in China. PET manufacturers and users are optimistic to the future PET consumption market. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage. In China. PET has become one of the most important petrochemical products in China. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. the average growth rate of output volume speed is 104%. 37 . PET recycling becomes the big problem since the production and consumption volume of PET has become very big. PET capacity in China had expanded 15 times. which is six times to the average speed in the world. Terylene fibre industry approached the edge of deficient. PET growth rate has maintained a high level for over ten years. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. With the rapid development of China’s economy. purified water. the output of PET in China can basically meet the domestic demand. and China only imports a few of PET from aboard. The average growth rate is 36. the growth rate of packaging resin grade. During the past ten years.6%. China has gradually become the biggest market for bottle grade and packaging resin grade PET. or bottle grade PET is the fastest. PET bottles’ wide application will continue to drive the development of PET consumption. tea drinks and sports drinks are made of PET materials. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years. In China. The global PET development speed is dropping. At present. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly.
500 230. value as well as unit price from 2000 to 2004.195 630 657 718 3.600 68144800 191.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes. The following tables record the import volume and value of PET products in China in each month of 2003 and 2004.124 Price. the value went up 48% and the unit price rose 9%.404.238 265. 39076090: Other primary PET. Value. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume. USD MTs 2000 2001 2002 2003 2004 506.151.297 2.1 PET Import Information in China The import volume and value of PET products in China increased year by year. 39076090 39076011: High viscosity PET chips.377. Comparing the import in 2003 and 2004. 39076019.671.339 351.967 123.835 183.400 6.864 223.579 Average Unit Volume Value.425.179 318. the import volume increased 36%.028 8057 95072. 39076011. 39076019 and 39076090.418.262. The following table lists the import and export information of PET in China in terms of volume.396 342. USD 628 1.589. USD 855 795 717 856 1083 Export Average Unit II-7.279. 39076019: Other PET chips. USD Price.669 169.131 477. Explanation: HS Code 39076011.300 147. 38 .600 167.
362.072 9.869 1.898 31.954 14.661.779 8.668 1.131 20.961.458.333 2.111 18.849 20.143.457. 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 1.716 1.293.344 2.320 7.359.751 4.878 Total 22.661.570.327 13.709 6.571 39076019 14.532 15.755 10.314 16.008.350 6.Table II-7.956.591 28.037 13.297.682 230.009 19.270.467 5.720 1.845.724 37.770.701.873 14.198 19.082 17.859.115 2.544 13.882 7.466 15.016.678.302 1.175 2.264.814.165 1.532.043.164 152.248 2.366.1 Import volume and value in 2003 Volume.037 10.865 1.683 Value.993.291 17.988 5.796 27.261 5.339 16.294 8.508 1.634 667.245 28.944 9.356 22.267 7.162 20.676.141.986 33.440 2.860 17.778.443 11.946 17.773.431. USD 179.504 18.227 351.993 9.973 25.906 40.748.723 6.954.350 19.846 21.299 4.577 39076019 39076090 22.266 15.471 6.535 39076011 1.729 116.235.234 39076090 6.830 1.488.202.104.053.276 12.942 6.481 1.958.360 18.253 12.581 13.451 11.860 26.842.868 5.338.976.1.547 5.603 7.457.834.396 39 .985 93.736.728 1.766.884 8.361 Total 37.950 20.589.406.005 1.877 18.509 626 1.444 8.121 15.671.165 25.500.997.445 2.910 13.
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
246 114.524 1.661 124.063 3. USD 10.930 12.504 205.676 37.390.880.635.731 1.331 10.053.236 157 209 117 21 9.523 3.055 759.208 2.767.442 810.823 2.864 7.104 736 2.812 19.949.971 285.856 7.057.572 183.464 4.483 2.272.996.638 2.575 1.860 35.352 345.239.046.060.938 17.287.268 2.463.556.706 Value.883 1.543 39076019 39076090 831 1. Japan.541 169.205 9.590 II-7.389 2.530.579 748.110 3.2.297 39076011 13.413.315.285.313 5.655 Value.056.905 7.589 3.525 814 1.485 20.875 2.018 694.598.695 41. Taiwan.218 198.565.593.126.508 4.982.571 3.292.646. 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 15.851 4.935 2.584 153 51 817 1.394 2.011 8.087 746.003 9.484 186 19.Table II-7.429.418.843 12.377 8.176.233 4.376 23.042 6.503.377 9.335 136.083 2.561 283.152.3 Import Origins According to import records in recent years.332 41.140.445.989 41 .221.000.769 11.254 5.259 2.395. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.968. Table II-7.407 2.201 32.786.412 7.171 2.395 5. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.888 20.922 9.505 2.201.761 1.617 10.248 10.513 6.114 8.3-1 Import origins in 2003 under HS Code 39076011 No. Korea Rep and United States are the major import origins of PET for China.342 8.490 52. USD 657.612 39076019 39076090 Total 16.988 2.248.928 7.294 2.2 Export volume and value of PET in 2004 Volume.115 1. MTs 10.971.008 1.235 10.120 2.692 Total 18.125 14.335 4.430.923 64.719.568 788 847 1.910 33.131.030 9.073 9.035 28.415.
535 107.410 85.341.187 29.434 43.245 413.954 116. MTs 93.193 2.235. USD 64.043 1.284 152.519 1.778.112 896 740 739 288 249 214 178 145 114 100 234 152. 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.981 58.220 531.985 42 .099 127.228.254 23.3-2 Import origins in 2003 under HS Code 39076019 No.019 984.Table II-7.198.019 171.334 1.774 9.729 1.582 9.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.054 58.490 1.770.821 17.212.084 511.327 Value.776 5.263 548.
587.863 2.817 732. 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.504 2.193 1.059 1.849.3-3 Import origins in 2003 under HS Code 39076090 No.892 Value.209 8.996 1.954 5.902 24.496 6. MTs 29.983 1.449.034 5.087.987 6.Table II-7.016 2.679.128 2.995 1.537.711 624.309 43 .896 784.085 2.016 895.980 1.280 838.980 615.948.587 4.565.725 625.041 80.064 12.397 6.622.473 1.369.148 21.488 1.496 4.423 516.511.673 1.317.347 22.255 2. USD 17.641 314.979 779.647 5.081 160.318 17.959 2.
MTs 94.385 44 .673 893.466. 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.809 163.726 346.871 24. MTs 8.3-4 Import origins in 2004 under HS Code 39076011 No.658 3.148 8.483 4.654.731.304.224 1.731.375 4. USD 91.948.392.Table II-7.294 649 533 338 263 169 146 134 129 432 164.988.306 692 282 203 200 117 65 56 45 13 14.376 Value.532.565 62.963 5.195 2.742 1.680 1.380 580.669 11.187.495 12.536 74.506 334.573.068 7.730 20.123 4.3-5 Import origins in 2004 under HS Code 39076019 No.788 36. 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.063 38.139 197.356 216.926 16.710 220.189 455.083 228.539 1.391 33.745 Table II-7. USD 9.230 90.341.751 348.509 90.606 758.463 Value.
922 2.467.380 507.048.011.046 12.056.658 1.140 4.438 11.081.632.242.371 3. 1 4 5 2 6 8 7 3 9 10 13 12 11 15 16 14 21 19 17 18 20 22 25 23 27 28 26 32 29 30 34 33 35 Origin Countries Taiwan (TW) Germany (DE) Thailand (TH) Korea Rep (KR) United States (US) Argentina (AR) Indonesia (ID) Japan (JP) Italy (IT) Czech Rep France (FR) Brazil (BR) Hong Kong (HK) Egypt (EG) Bangladesh (BD) Malaysia (MY) Mexico (MX) Philippines (PH) Belgium (BE) Peru (PE) Pakistan (PK) Netherlands (NL) Poland (PL) India (IN) Spain (ES) Austria (AT) Guatemala (GT) Lebanon (LB) Uruguay (UY) United Kingdom (GB) Hungary (HU) Romania (RO) Estonia (EE) Others Total Volume.067.955 3.859 161.120 2.550 1.420 12.209 2.422 7.118 297.942 2.757 5.428.228 1.340 2.209 10.787 1.243 2.931.818 4.804 3.951.138 28.172 12.302 17.154 2.191 2.585 6.787.323 3.949 22.565 10.434 3. MTs 39.815 1.694 1.688 4.Table II-7.455 4.956 1.041.931 814.187.022 1.788.264 4.334 18.860.853.730.720 2.743 827.117. USD 25.931 45 .082 4.960 11.859.770 3.268 8.911.3-6 Import origins in 2004 under HS Code 39076090 No.966 8.859.111 7.236 1.261.882 11.833 3.788 792.822 684.089 1.290.062 3.355 29.126.214 Value.781.490.109 673.361 5.380 15.888 1.594 4.492.641 1.326 10.764 5.709.110 2.
432.965.4-1 Export volume and value in 2003 under HS Code 39076011 No.445 645.000 598.700 3. the top export destination of PET for China are Italy.750 2. USD 60.794 11. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.469 120.000 862.000 300.140.500 12.000 287. Table II-7. 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. Belgium.360.758 1.024.650 160.754 3.000 941.409 14.150 4.618 Value.668 1.000 352. Kazakstan.250 580.000 1.996 662. MTs 49.000 1.000 3.II-7.361 1.518.501 2.691.000 841.208.000 1.362.920 6.000 990.855 4.990 1.4 Export Destinations According to the export records in recent years.074. Turkey.000 2.029.000 230.145.000 294.239 46 . Poland and Germany.696.983 12.636 2.
000 8.000 171.000 345.000 486.200 1.000 1.Table II-7.000 504.100 145.000 3.745 9.000 3.698 47 .044 2.000 294.825.143 70.903 2.714.540 7.208.982 2.451 1. USD 220.127.116.119 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59.000 210.000.141 Value.251.176.000 120.554 300.269 145.4-2 Export volume and value in 2003 under HS Code 39076019 No. 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.111 11.462.525 1.232. MTs 26.000 689.896 156.900 1.000 3.655.
605 3.119.740.000 4.591 2.000 200. MTs 3.040 237.120 240.Table II-7.050 1.600 1.558 2. 1 2 3 4 5 7 8 6 11 9 10 12 17 13 20 15 18 14 16 21 Destination Countries United Kingdom (GB) Sweden (SE) Turkey (TR) Poland (PL) Israel (IL) Romania (RO) Malaysia (MY) Belgium (BE) India (IN) Italy (IT) Netherlands (NL) Morocco (MA) Korea Rep (KR)) Argentina (AR) Singapore (SG) United States (US) Hong Kong (HK) Finland (FI) Peru (PE) United Arab Emirates (AE) Others Total Volume.007 Value.000 1.540 261.734 1.957.010 3.372.886.613 2. USD 4.460.000.000 3.000 400.210 864 380 289 228 199 194 189 186 152 126 315 30.040.000 823.300.290 3.568.000 3.306 31.000 2.494 1.000 60.270 240.601 2.540.854 2.4-3 Export volume and value in 2003 under HS Code 39076090 No.276 48 .050 109.000 125.000 93.625 3.
666 5.884.493 2.015 79.370.144 3.799 7.550.859 8.219 6.Table II-7.130. MTs 13.008 1.014 1.776 1.736.219.788 89.381.103.188 1.101 1.575 1.257 1.642 1.780 1.940.008 1.423 1.814 1.486 2.622.101 4.203.437 2.305.418 2.775 5.644 49 .788 Value.272 1.254 5.000 5.518 1.033.189 1.408.795.738.110 3.601 7.626 4.512 1.878.911 3.436 3.571 3.045 2.661.4-4 Export volume and value in 2004 under HS Code 39076011 No.289 3. 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.794 3.725.592.055.169 1.407 6.935.544.570 2.370 9. USD 15.
200.618.265 2.281 2.533 2.038 4.272 743.467 614.086 1.815.516 764.163 568.065 37.505 740.293 450.049.074 920.385 1. MTs 9.607 35.737.081 3.028 1.780 2.098 500.457 2.4-5 Export volume and value in 2004 under HS Code 39076019 No. USD 10.Table II-7.581 893.804.063 Value.861.188 575.316 464.414 2.347 1.097.580 1.262 2.284 445.724 1.535 536.377 50 .320.719.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Destination Countries United States (US) Poland (PL) Italy (IT) Thailand (TH) Japan (JP) Korea Rep (KR) Germany (DE) Belgium (BE) Croatia Rep (HR) India (IN) France (FR) Turkey (TR) Bulgaria (BG) Lebanon (LB) Ukraine (UA) United Kingdom (GB) Malaysia (MY) Brazil (BR) Slovenia Rep (SI) Czech Rep Spain (ES) Others Total Volume.
808. 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.198 338.590 51 .700 2. MTs 3.909 319.679.187 1.342 123.162 146.799 9. USD 2.299 3.096.663 169.285.060 1.276 1.467 455 373 210 210 99 75 60 169 9.4-6 Export volume and value in 2004 under HS Code 39076090 No.Table II-7.692 Value.330.117 179.454 94.
KP Chemical Corporation Huvis Corporation Saehan Industries Inc. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019.2 Tariff Adjustment in 2005 In 2005. Hankook Synthetic Inc. Toray Saehan Inc. Ltd. 3. 2008.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. PTA. 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co. including high viscosity PET chips and other PET chips. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table. 52 .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. 6.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.5% and 9. II-8. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. which can reduce the import price for PX. It is a favorable factor for Chinese PET producers as the production cost. 2. PET to 2%.7%. 2003 to Feb. Table II-8. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. PTA and PET by USD5~10/MT. Chinese government lowed down the import tax for PX.
the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. II-9. textile industry is a big driving force for PET industry. By 2010. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. polyester accounts for more than 80%. Bottle-grade PET chips are used to produce bottles for drinks. edible oil and can food. and fall below 10% after 2008. Chinese textile products took 17% of the global market. and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. beer industry. During 2010 to 2020.2 Packaging Industry PET can be used as packaging in food and beverage industry. At present. edible oil and can food in past years and the forecast till 2015. In past years more than 83% of the total volume of PET was consumed by polyester industry. The development of downstream products guarantees PET consumption and drives PET industry to develop forward. beer.1 Textile Industry Currently. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. the growth rate will slide down gradually.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry. as the industry develops fast. In future three or four years. the average growth rates will stand at 4% and 3%. while in chemical fibre market. 53 . Polyester is a major downstream product of PET. respectively. 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. But the development of chemical fibre industry will still be a driving force for PET industry. II-9. In 2002. However.
234 23. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.434 17.60% 35.71% 17.600 27.17% 25.894.07% 25.117 -39.43% 2.65% 35.07% 2.136.22% 2.672 19.43% 4.55% 25.550 50.42% 1.016.60% 57.73% 57.797 17.07% 2010 280.22% 54 .271 22.00% 493.71% 20.42% 2005 165.180.475 17.43% 2015 529.552.84% 20.71% 25. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.350.299 43.948 -38.484.234 30.12% 57.345.618.43% 5.065 43.981 10.22% 846.224.07% 1.69% 20. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.315 4. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.42% 605.69% 35.00% 2004 138.11% 35.105.337 26.877.630.79% 17.118.00% 2.42% 2.747 17.00% 1.07% 1.169 20.83% 17.75% 57.684 22.15% 20.911 46.22% 386.Table II-9.547.2-1 Consumption and growth rates of four industries Year Consumption Volume.06% 17.996.
823 766.000.473 870.000 14.460.660 5.000.950.574 100.000 71.131 377.000 1.000 5.000 1.348 11.000 9.000 172.000 825.000 1.000 1.648.395 3.000 562.8%.89% 35.04% 130.605 Output Volume Import Volume Export Volume Consumption 250. In 2005.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.150. The following table records the historic and current volume of PET in China. which shows that the PET market in China is growing.556.860 351.82% 20.000 120.860 191.900 2.128.000.650 136.959.841.73% 34. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.435 756.500.000 65.000 8.51% Apparent Growth Rate 55 .783 259.530.000 11.163 55.000 11.000 2.020.78% 52.500.12% 43.191.000 500.165 2.000 390.659. the production capacity of PET in China has accounted for 35% of global total capacity.000 2.000 5.179 20.000 4.000. Table II-10-1 Historic and current volume of PET.000 420.373 139.000 15.000 98.180 4.647.000.000 3.670.000 40.500.350.05% 60.52% 30.000 4.500.597 169.000 8.176.762 688.
1 Forecast of PET in China till 2015 In the coming years till 2015. But generally the growth rate in these fields will slide down comparing to the growth rate before. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.231.000 22.600 480.640 21.30% 11.444.000 25. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18. In terms of import and export situation of PET in China. With respect to the output of PET in China.22% Apparent Annual II-11.246. bottle grade and film grade.960 414.896.07% 21.000 Output Volume Import Volume Export Volume Consumption 13.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.206.300 29.213.820 21. the growth rate will slide down to less than 5% since 2008. fibre grade.000 311.330.800 15.159.000 752.240. import and export volume as well as the apparent consumption in China will increase year by year.000 25.09% 0. the situation is similar to the production capacity.000 556.000 29.147. Table II-11.050.000 710.700 772.870. It was a booming period for PET from 1996 to 2004. The following table is the forecast volume of the production capacity.000 25.81% 0. while that of PET export will not exceed 28%.200 669.640. In fact.000 676.500. while it will cool down in following years. Especially after 2008.000 32. output.000 654.489.993. the growth rate of PET import in China in future years till 2015 will be no more than 16%.10% 8.32% 12.800 23.43% 9.000 31.400 Growth Rate 19.605.000 17.84% 18.104.22.168 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.400 408.000 20.200.600 20.000 27.000.964.650.001.000 30.800 794.000 672.000 27.000 28.600 324.063.000 802.600 17.000 23.1 Forecast for PET volume to 2015. the production capacity.124.562.39% 8.200 355.280 432. the growth rate of PET output will drop below 10%.400 440.600 23.100 13.000 857. output.54% 8.667.606.800 29. import and export as well as the apparent consumption of PET from 2005 to 2015.300 21.064.800.000 27.634. Bottle grade PET is mainly 56 .000 28. With respect to the production capacity. the current capacity of PET in China has already exceeded about 30% of the demand.000 523. Fibre grade PET is used to produce polyester filament and staple fibre.000 32.000 15.210. Such forecast is suitable for the apparent consumption of PET in China as well.000 766.000 26.800 569.200 32. However.
541.248.454 192.98% 42.07% 14.15% 32. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.960.36% 2.124 12.1% was used for other products.387.15% 0.020.867 981. edible oil and so on.389 243.85% 6.51% 10. Table II-11.587.921 857.565 17.73% 272.315.351.86% 1.93% 40.027.275.084 Rate 25.75% 14.850.623.805 27. bottle grade will take up about 20% and film grade will account for about 8% in 2015.437 17.29% 6.522.43% 1.222.145. over 15% annually.023 II-11.710 22.4% in 2004 to 19.62% 24.687.37% 736.16% -1.7% in 2015.600 20.744 429.3 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 2015.79% 32.881 1.441 478.796 16.228.41% 13.273 18.083.consumed in packaging industry to produce bottles for drinks.53% Sectors 65.393 21.415 3.20% 1.03% 14.22% 2.370 274.126.530 834.797 19.343 3.713.229 17. 0. The demand for PET will reach the saturation.667 626.229.09% 6. In 1995.514 23.43% 10.315 243.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.486 3. The following table shows the forecast volume of PET by each specification till 2015. It is estimated that fibre grade PET will account for about 70% of the total PET.45% 13. 1.940 23.46% 15.44% 2. As the packaging industry and film industry in China developed.654 19. This trend will last to 2015.020.64% -11.55% 6.959 29.467 Rate 26.41% 25.158.320 666.28% 1.156.991 21.468.174 12.283.178.4% was film grade and the rest 0.131 2.36% 12.546 Rate -13. At the beginning.804.46% 30.08% 1.853.740.74% -20.152 12.381.299 4.792 21.27% 23.715 20.914 3.13% 7.2-1 Forecast for PET consumption in each end use sectors to 2015.516 25.800 323. many PET manufacturers will shift to filmgrade PET production area.410.911.879. 98% of PET products were fibre grade. which with reduce the fibre-grade PET production volume.47% 13. Film grade PET is used to produce film.200 18.38% 7.136. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11.593 5.11% 5.723 14.140 2.28% 4. fibre grade PET accounted for the most part of all PET products in China.878 15.510.542 32.501.5% was bottle grade.498 6.268 16. the proportion of fibre grade declined year by year. the growth rate for bottle-grade PET will be the fastest.65% 11.769 769.875. Among all the consumption sectors.587.232. 57 .42% 1. and the consumption proportion will improve from 10.105 4.47% 19.
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. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co. Zhejiang Tongkun Group Co. Ltd. Table II-11. Tenglong Chemical Co. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co.000 800. 530.000 500. Ltd. Ltd.000 500. Ltd. 58 .000 700.4 Forecast for Raw Materials of PET in China II-11. Ltd.000 500..000 600.000 600.. Ltd. including existing ones and potential ones.000 500. Shanghai Petrochemicals Co.000 600. Zhuhai Biyang Chemical Co.1-1 Information of PTA projects in China Name Capacity. joint investing.II-11.000 200.000 500.000 600... there will still exist 3 million MTs of PTA shortages in Mainland China.000 600. to cooperate with PX manufacturers to maintain the PX supply chain and PX price..000 600.. The following table is the forecast of PTA consumption in coming years till 2015.. Ltd. Far East Industrial (Shanghai) 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. Ltd.. In near future the PTA manufacturers are estimated to make strategies such as joint purchase. run even to 90% of their capacity.. Ltd. Ltd.000 900.1 Forecast for PTA The demand of PTA in China is expanding.000 600.000 600. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co.000 600.. although all the PTA projects. PTA supply relates much with PX..000 600.4.4. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. Mitui Chemicals Zhangjiagang Co. Ltd. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co.
270.480.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.4.000 13.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15. apparent consumption.000 18.760.000 20.840. The domestic production capacity cannot meet the increasing demand. The situation of oversupply will appear.000 16.000 17. The following table is the forecast of EG in future years till 2015 in terms of its output. The international price for EG will be over USD1.24% 6.8 million MTs/year and 14.21% 6. 59 .000 Growth Rate 9.980.35% 4.86% 6.540.000 12.010.630.30% 5.02% 7.000 14.01% 5. export.31% 7. MTs 11.15% 8.300/MT in the future months.000 22. Asia especially China will be the most important EG consumer in the future years.000 15. China will have a strong demand for EG in the future years. import.52% 12. 500~1.5 million MTs/year and 16. consumption by PET production as well as consumption in other fields in China.16 million MTs/year in 2007.960.440.500. And more foreign EG products will flow into Chinese market.Table II-11. the competition will be very intense. and mass import will be necessary.2 million MTs/year in the world.4.97% II-11. and in China’s market it will be over RMB12.000 21. 200/MT. And it’s estimated that the two figures will exceed 22.
39% 3.27% 3.147.000 Volume 2.27% 4.000 1.000 1.356 728.21% PET Production 3.000 3.963.800 4.478 642.854 762.000 3.570 34.541.135.000 5.587.000.321.000 3.682 833.750.087 692.000 Volume 28.680 3.100 4.430 5.419.400 4.000 1.500 4.000 2.488 5.522 3.000 3.318 4.720.413 3.944.Table II-11.482 4.46% 4.000 30.116.000 3.338.000 3.630.600 32.444 3.273.158.860.141 4.000 34.506.490.500 31.599 803.719.320 Consumption Growth Rate 3.148.674.128.000 2.000 22.214.171.124 3.200 30.900 31.000 1.999 877.000 32.000 5.157.881.834 Other Fields 602.321.68% 6.63% 5.000 1.453.750 35.846 Import Export Apparent Annual Consumption by Consumption in 60 .467.000 1.600.314.770.250 6.000 2.707.063.961.928.340.000 2.581.948 912.578.000 3.140 5.060 952.717.273.801 4.57% 7. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.000 2.860 33.965.000 2.000 3.83% 5.763 992.940 4.77% 5.499.89% 4.2-1 Forecast of EG in China till 2015.244.
63% 88.633 1.09% 33.42% Rate 1.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.458 4.800 1.45% 48.943 25.250 11.842.94% 46.21% 41.150.250 3.173 1.43% 29.48% Rate 250.000 478.675. edible oil and others Tape films Engineering plastic 61 .250 1.217.85% 92.526 4. Although chemical fibre is still the biggest user of PET.822.450 7.423 63.792.840 3.20% 124. the consumption proportion is reducing.890 45.071.579 The following table is the end use structure of PET in China in 2004.11% 57.180. The following table records the consumption volume of PET in each end use sectors in past ten years.74% 61.736 9.85% 15. 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. beer. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.00% 42.883 126.67% 100.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.217.00% 266.788 17.250 11.99% 27.094 66.365 19.038 500.332.709 400.18% -44.508 255.515 25.00% 1.507 2.686.43% 1.604.668.112 75.379 225.00% 176.283 3.860 39.200 124. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.000 3.883 126.417 2.47% 169.79% 52.451 33.193.783.59% Growth Resin Growth Grade Rate 250 1.500 22.46% -1.150 411.423 63.63% 43. % 84% 10% 5% 1% Typical End Uses Terylene material. industrial fibre Bottles or pails for beverage.456 177.00% 35.962 95.12% 199.649.319 582.335 7. Table III-1-1 Consumption of PET in each end use sectors.58% 201.06% 3.00% 113.904 2.451 360.148 5.35% Grade 3.67% 97.670 8.579 17.69% 62.58% 57.788 17. the total PET consumption expanded over 40 times.00% 253.659.377.
Lower cost. . Of all the textile raw materials in China.Not easy to be broken. . . .Easy for transport. 62 . which limits the widely using of PET bottles.Light weight. . products produced with PET material are more and more popular for following excellent performances: . The production.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy.Smaller energy consumption.Easy to be recycled.Smaller occupancy of space. III-2.Soft. The worse gas-resistance performance requirement from beverage and beer industries has not been improved. . . III-2.2 Technical Factors As China has not obtained many technologic breakthroughs.III-2 Key Factors Influencing the Mass Consumption of PET III-2. sales. worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. . Meanwhile.1 The Excellent Performance of PET Materials PET materials have many excellent performances.Safer. PET fibre production accounts for about 85% total PET consumption in China every year. some technologic bottlenecks remain unsolved. PET fibre accounts for 65%. especially in daily-use chemical field. Compared to other materials in packaging industry.Easy to make into various shapes and packing specifications. export and consumption of textile production will all produce an impact on the consumption of PET in China. such as the gas-resistance performance. . not bombing and hurting people.
1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.280.900.540.44% PET Consumption.130.141 235.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry. Table III-2.119.387.201 4.379 119.25% 58.321 2.892 2.82% 11.79% 21.85% 34.234.III-2.92% 277.606 348.570 26.917 111.4.587.113 81.30% 39.82% 24.14% 23. The consumption volume rose from more than 2.929 33.550 578.503.17% 3.184.814.533 2.13% 43.064.828 140.76% 16. can food industry and beer industry.52% -4. edible oil industry.213 41.000 2.618 783.062 390.591 980.884. III-2.080 76.466.008. The following table lists the consumption volume of beverage.861 182.96% 27.35% 11.59% 48.467.96% 17.81% 86.1-1 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 585.320 304.707.062 255.456. 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.853.691.602 286.838 1.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.241.358.742 523.410 2.232.622.072 1.159 1.564 207.308.405 453.857 3.459 226.251.887 1. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.4.424 48.000MTs in 2000 and around 1 million MTs in 2005.76% 15.163 396.623 152.559.438 11.688 368. 63 .72% 59. MTs Annual Growth Rate III-2.642 167.4.000MTs in 1995 to about 150.307 19.102 2.942.679 10.948.902.
331 39.259 6.872 29.781.000 685.608 615.027.80% 18.791.562 14.546 5.73% 224.070 107.231 815.936 182.852 61.92% 19.179 72.61% PET Consumption.980 4.051.058 9.833.4.004 1.032 307.The following table lists the consumption volume of edible oil.91% 25.140.302 9.659 128.443 916.864 436.275 90.414 1.95% 67.544.154 48. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.658 248.330.26% 142.874.123 350.07% -4.313.773 726.946.734.38% 20. 64 .916 24.591 701. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.107.832 73.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.087 22.540 107.96% 54.641.415 81.33% 12.111.937.24% 69.320.870. Table III-2.77% 24. MTs Growth Rate III-2.2-1 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 225.745 36.787 64.091 37.279 46.198.249 311.44% 41.035 66.911 585.138 1.74% 25.4.49% 12.50% 37.223 750 3. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.879.23% 35.28% 12.737. The following table lists the consumption volume of edible oil.84% 3.
474.937 213 792 2.282 50.108 30.4.48% 55.000 6.37% 26.760.598 78.936 179.744.040 6. The following table lists the consumption volume of beer.660 285.575.797 154.096.269.666 19.822 104. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.10% 18.776.224.72% 58.52% 65.180.154 16. PET is well received by beer industry. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.92% 139.068 67.02% 43.Table III-2.92% 12.4 Beer Industry As a packaging resin.62% PET Consumption.544 350.47% 203.3-1 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 4.796.045. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.18% -5.08% 8.970 5.720.286 202.236 23.537 107.06% 3. 65 .052. MTs Growth Rate III-2.761 8.170 7.203 24.255.447 228.176.062 30.786 26.596.914 52.38% 48.38% 26.67% 12.660.832 52.189 11.138 272.333 30.191 9.83% 37.938 11.4.695 21.476 172.15% 30.618 45.771.931.489 95.722.95% 24.406 5.88% 22.921 85.618.347 146.222 4.570 62.
Table III-2.4.4-1 Edible oil consumption and PET consumption in beer industry
Beer Consumption Volume Year MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 9,450,000 27,125,000 31,760,000 37,970,017 38,582,074 39,455,704 40,318,303 52,026,667 50,285,858 62,914,940 69,874,534 67,142,246 60,888,765 61,983,675 57,753,214 69,241,886 70,525,121 68,678,351 81,397,094 107,431,986 118,417,721 189 868 3,176 5,620 8,334 10,258 17,740 31,216 40,229 55,365 69,875 75,199 94,986 136,364 129,367 152,332 157,976 178,564 201,865 253,539 312,623 359.26% 265.90% 76.94% 48.30% 23.10% 72.93% 75.96% 28.87% 37.63% 26.21% 7.62% 26.31% 43.56% -5.13% 17.75% 3.71% 13.03% 13.05% 25.60% 23.30% PET Consumption, MTs Growth Rate
III-2.4.5 Other Industries with Much Plastic Packaging Seasonings Packaging Seasonings such as soy are a large potential market for PET package. But it’s only at the start stage in China. Pharmaceutical Packaging The market value of pharmaceutical package is about USD1.8 billion/year in China. And most is from glass bottles. The following table lists the consumption volume of PET as well as its growth rate in other packaging end-use sectors in past years and the forecast in future years till 2015.
797 264.009 57.938 32.079 186.16% 50.128 198.99% 13.95% 80.86% 3.4.525 210.12% 17.35% 29.070 159.34% 23.Table II-2.53% 26.728 17.77% 52. MTs 199 593 2.257 142.03% 34.49% 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.62% 121.890 78.208 325.90% 26.702 11.16% 7.800 8.358 135.06% Growth Rate 67 .86% 37.200 165.21% 43.42% -5.69% 12.776 72.645 99.623 5.350 42.01% 25.
59% 83.800.000 4.000 2.560.332.440.00% 17.000 9.43% 29.000 5.09% 33.000 7.000 2.000 3. The following table records the information of terylene production and PET consumption in this industry in past years in China.000 3.335 7.904 2.507 2.99% 95.920.930.990.620.000 4.180.000.000 5.610.000 8.000 478.000 9.000 2.000 5.000 Consumption 97.962 95.20% 124.97% 84.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.530.06% 33.000 2.330.91% 245.380.000 10.783.250.250 1.15% 91.792.686.170. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.960.74% 87.310.250.23% 84.283 3.071.000 4.000 3.470.910.200.700.000 8.050.44% 86.000 6.000 6.000 6.950.000 5.300.54% 89.458 4.800 1. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.000 3.62% 93.750.000 7.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .11% 57.000 Volume of Terylene Polyester Staple Volume Fibre 1.377.000 11.000 4.604. Terylene accounts for 80% market shares of chemical fibre products.000 6.860.580.35% 41.950.79% 52.822.430.736 9.
319 582. Packaging materials takes a large proportion in PET film.00% 42.150 411. The following chart is the consumption structure of PET film in China at present.21% 41.250 11.508 255.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET). tapes and other products. 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.500 22.000 3.379 225. followed by insulation materials and light-sensitive materials.456 177. light-sensitive materials.74% 61. which can be processed to packaging materials.094 66.12% 199.63% 43.63% 88.200 124.59% Growth Rate 69 . insulation materials.00% 253.85% 92. Table III-4-1Historic consumption of film-grade PET in China. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.
The following table is the consumption volume of PET in each packaging sectors including beverage. beer as well as other fields.199 184.938 32. teas and sport drinks packaging.036 234.620 8.552 348.800 8.916 24.091 37.058 9.334 10. purified water. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.623 5.250 63.702 11.179 122.728 17.618 793.570 62.009 57.250 125.787 64.438 12.936 182.113 45.333 30.658 248.258 17.776 3.598 for Beer 189 868 3.618 45.763 85.938 11. edible oil.205.524 70 .459 232.540 107.350 42.216 40.740 31.406 5.229 55.550 588.279 46.750 17.000 890. Table III-5-1 Consumption of PET in each packaging sectors.666 19. PET bottles are the most widely used plastic bottles for juice beverage.688 370. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector. can food.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.181 1.751 567.365 Consumption Consumption for others 199 593 2.623 156.III-5 Consumption in Packaging Resin PET can also be used to produce bottles.249 Can Food 213 792 2.176 5.761 8.
PET engineering plastic is widely applied in automobile. PET chips can be made into engineering plastic as well. Mechanical products: gear wheels. and large-scale industrial production of engineering plastic has not been realized so far. and handles. relay. motor frame. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. panels. construction materials and decorating industries.5% of total PET consumption volume. Only a few factories in China try to produce some products to replace import materials. motor cabinet. trundles. inlet retainers. household electric appliances. print circuit board. frames. 71 . pump shell. chair handles. only accounting for about 0. stator and rotor on electromotor.III-6 Consumption in Other Fields At present. fan propeller frame. Household electric appliances: coil former in transformers on microwave ovens. engine covers. The comprehensive performance of this kind of engineering plastic is very excellent. electronic socket connector. just a common blasting drying equipment and the mould temperature is within 70~90℃. vanes. Furniture: pedestal. structures on OA equipments. and switches. The industrial level of engineering plastic in China is very low. structures & computer shells. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. windshield wipers. panel. The requirements for processing conditions are also simple. sensors. The production cost is low. the overall consumption volume of PET in other fields is not large. instruments materials. Automobile products: carriers. pedestal. brackets. electronic and computer materials.
.000 400. The following tables list the top end users in each end use section in China. Ltd. is the largest fibre-grade PET end user as it has 781. Ltd. 72 . Tianjin Kodak Light Sensitive Material Co.000 350. Ltd. Shanghai Zijiang Enterprise Co.000 Table III-7-2 The largest two end users of bottle-grade PET in China No. especially BOPET. Ltd.. Capacity. Xiamen Xianglu Chemical Fibre Co. The following table shows the consumption structure of PET by areas. is the largest filmgrade PET end user for its 14.000 180.000 200. Zhejiang Yuandong Chemical Fibre Group Co. Table III-7-1 Top 11 end users of fibre-grade PET in China No. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co.000 3.000 280. Ltd. Ltd.. Ltd. 1 2 3 4 5 6 English Name DuPont Teijin Films Co. Ltd. is the largest bottle-grade PET consumer. Ltd.000MTs/year production capacity of terylene. Ltd.. Ltd. Shantou SOE First Polyester Film Co. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No.. and DuPont Teijin Films Co. 1 2 English Name Zhuhai Zhongfu Industrial Co.000 300.. MTs/year 781.III-7 Summary of Major End Users In China. MTs/year 14. Ltd. Ltd.000 5.000 260. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co..000 6.000 3.. Capacity for PET Film. PET is mainly consumed in Zhejiang Province..000MTs/year production capacity of PET film.000 160. Zhuhai Zhongfu Industrial Co.. Yizheng Chemical Fibre Co.000 6.. Zhejiang Cifu Group Co...000 300.. Jiangsu Province and Guangdong Province. Zhejiang Hengyi Group Co.000 In China.000 150. Terylene Capacity. Ltd.. Ltd. Ltd. Zhejiang Tongkun Chemical Fibre Group Co..
90% 0.01% 73 .97% 3.78% 1.21% 31.74% 5.32% 3.63% 1.51% 29.95% 10.12% 1.63% 3.96% 2.70% 2.75% 12.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 28.83% Percentage of Total in 2003 33.
000 12. and the content for every PET bottle is 500ml.15% 0.62% 79.55% 6. MTs Consumption Terylene Output in All PET Consumption Percentage Fibre-grade PET Growth Rate The current beer production volume is 23 million MTs in China.530.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.000 5.200.28% Volume. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7. So in order to keep the profit margin. 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.000 9. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles.13% 7.500.000 6.560.840.715 20.000 8. and the output volume of polyester staple fibre will increase with an average annual speed of 7.000 18.250. The fibre grade consumption will increase with an average annual speed of 7. Chinese market of PET beer bottle has great potential.900.268 16.000 4.020. It’s forecasted that from 2005 to 2015.145.273 10. But PET supply for polyester staple fibre production relates much to import PET.950.750.600.000 5.900.000 9.250.310.000.950.000 16.000 8.500.000 9. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.060.85% 79.05% 81.000 13.90% 75.710 22.000 16.804.130.47% 19.000 6.29% 6.470. If 5% of total beer was packed with PET bottles.30% 11.000 6.200 18.550.50% 74.152 12.000 14.700.650.000 8.000 7. Therefore.850.030.250.090. The manufacturers especially the middle and small manufacturers can feel this pressure.16% -1.51% 10.796 16.083.541.178.040.853.000 10.000 8.45%.000 19.000 10.25% 70.950.850.67%.000 11.875.000 19.587.000 5.60% 78.700.180.10% 72. Staple Fibre.000 14. 74 .000 15.723 14.410.230.300.000 7.11% 5.21%.797 19.09% 6.000 10. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.38% 82.20% 76.437 17. Now in China the competition in beer industry is very intense and profit is smaller and smaller.000 17. the demand volume for PET beer bottles in China per year will be over two billion.030. currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.000 8.000 83.393 21. the output volume of polyester will increase with an average annual speed of 4.
packaging industry and film industry. the industries of downstream products.As anticipated. will develop in the future years and they will definetely boost the PET industry. 75 . including chemical fibre industry.
IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. the price of PET in China increased a lot in the past and will keep an upward trend in future years.Part IV Price Trends Due to the international crude oil hike. 2003 to Aug. 76 . 2005. raw material shortage and other factors.
255 8.410 9.755 8.450 11.510 11.300 12.810 8.285 9.660 12.255 11.955 10.815 8.250 11.855 8.455 8.890 11.880 8.530 8.230 8.820 11.450 10.735 8.210 8.290 9. RMB/MT 8.855 9.770 12.325 8.985 9.690 11.520 8.355 9.865 9.050 11.795 11.550 10. RMB/MT 8.420 8.480 8.335 8.950 10.780 8.550 11.240 8.430 10.560 8.350 12.300 8.135 8.350 77 .720 8.760 11.960 8.680 9.950 Package resin grade.620 8.525 8.850 11.685 10.550 11. RMB/MT 8.340 8.060 8.440 8.055 9.835 7.380 9.125 8.320 9.880 11.895 7.560 8.930 12.935 8.520 11.725 9.825 11.145 7.660 8.860 11.450 11.350 11.660 13.995 9.320 Thin film grade.350 10.560 11.455 9.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 9.515 9.815 8.830 8.465 8.650 8.650 13.855 9.720 11.310 8.550 11.
the unit price for PET material in China also went up from RMB7. Therefore. On the contrary. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004.000/MT to the peak of RMB14. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. For the big manufacturers. the factors resulting in price changes mainly include the price of crude oil. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. supply of raw materials. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. The cost of PET bottle. only the large-scaled manufacturers installed the bottle-blowing equipments. demand from downstream industries as well as transportation cost. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. the business of domestic packaging service suppliers is very good even though the PET price rose. but for the middle and small manufacturers. IV-2. they can reduce the pressure from cost markup by purchasing PET with big volume. bottle caps and film labels made from food grade PET material. 000/MT. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes. Because the draught and bottled purified water are all packed with pails. 500/MT to RMB14. 000/MT. Chinese beverage manufacturers are very concerned about the price of PET. 500~8. The unit price for PET was 30% higher than that in the same time in 2003.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years. With the markup of petroleum and chemicals prices. PET accounts for about 50% of total production cost of beverage products. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. they have to face the hardship. In Chinese beverage industry. and the industrial profit might reduce 20% in fiscal year 2004. And only these equipments are in 78 . bottles.IV-2 Factors Resulting in Price Changes In general. and the PET price is one of the key factors that decide the profit.
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.
Shenzhen City Ding Tai Technologies Co.292 178.89 80 . Orient International Holding Shanghai Foreign Trade Co.141.000 23..375 16.80 1.534. Chenghai Huaxiang Plastics Co.60 1.000 92. Ltd.000 17.000 34..000 36. Ltd Shanghai S..53 0. Xinhui City Jiaxun Electronic Trade Co.80 0.C Ltd...635 200.000 64. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co. Shanghai Chemical Industry Supply & Sales Co. Honeywell (Kaiping) Industrial Polymers Co.400 2. Ltd.862 Value. Ltd.82 2. USD/kg 3. Ltd. China Liaohua United Foreign Trade Co.590..000 2. kg 2.000 139. & Exp.33 0. Ltd.740 320.589.000 100..800 61.00 0.922 428.. Xiamen Zhongtian Plastic Co... Jm Shanghai Nonwovens Co.777 151.000 174. Rexam Der Kwei Industrial (Shanghai) Co. Taizhou Changshengda Plastics Co. USD Price.208 114.222 2. Ltd. Beijing Huayuan Asia Pacific Tech Co. 39076019 and 39076090 in 2003 and 2004.073 2.. Ningbo Century Huan Yu Imp & Exp Co.062 1.. Shanghai Huili Tage Board Co..356 53..000 60.322 91. Ltd.650 33. Zhejiang Grand Import And Export Co.950 32..992 1.39 6.000 120.953 189.468 600.037. Liaoning Huiming International Trade Co.000 240.. Ltd. Ltd..000 920..489.150.96 0. Ace Mold & Industrial (Shenzhen) Co. Ltd.849 32.94 2. Co. Kunshan Litai Fibre Co. Ltd. Volume.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...000 85. Ltd. Ltd.45 1.000 524. Ltd. Ltd. Ltd.155 108.760. Ltd.400 226.749 2.80 1.200 29. Jingyuan (Nantong) Chemical Fiber Product Co.218 431.290 146.91 2.90 0. Ltd.400 17. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No. Ltd..80 0. Shenzhen Baoan Foreign Economic Development Co.94 0. Dongguan Arts & Crafts Imp.675 68.000 100.035 89.000 78.366.500 203..000 27. Ltd.33 0.600 275. Ltd.91 2.72 0. Guangzhou Duolilong Chemical Fibre Co..68 0..000 20. by volume and value.08 1.650. Of Guangdong Dongguan City Kaiying Trade Co. Shenzhen City Minghui Industry Co.000 35. Ltd.40 0. Ltd. Fuzhou Dong Li Cosmetics Co. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Importers Names Xianglu Fibers (Xiamen) Co.940 85. Wujiang He Cheng Trade Co.489 256.793 1.913 2. Ltd. Tengxing Industry Co. Ltd.82 1.50 0.200 60. Ltd.86 0. Shanghai Heshibi Chemicals Co.A.000 475.000 445.340.600 31..71 1.500 40.380 407.77 0.73 0.. Zhuhai Zhongfu Polyester Beer Glass Co.78 1.91 3.78 0.400 41. Ltd.000 2. Ltd. Ltd.000 34..68 3.
.. Ltd. Shanghai Xinxing Imp & Exp Co. Shenzhen Longgang Foreign Economic Development Co.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.760 23.000 4. Jiangyin Beikaerte Steel Wire Products Co.675 5.303.352 2..000 1.105 500 2. Ltd.400 7. Ltd.254 128 2. Ltd.795 1..649 19.883 1.26 1.861 13.000 9.000 2.86 1.92 1.45 0. China-Base Ningbo Foreign Trade Co.400 6.50 2.. Ltd. Zhuhai Chilk Enterprise Inc Others Total 16.975 9. Ltd.50 2.92 3.419 20. Ltd.110 10.740 1.40 0.550 1.90 0.02 81 .814 2.820 1..400 6. Ltd.13 0.000 4. Changzhou Worldbest Radici Co. Ltd.000 6. Huizhou Xinfeng Packing Industry Co.. Shanghai New Particle Plastic Paint Co.092 13.774 4.581 3.27 1. Ltd. & Exp.85 1.35 1.260 14. Ltd.125 3. Ltd.729 1.300 2. Company Shunde Xicheng Plastic Container Co..00 0. Shanghai Hebi Electronics Electric Appliance Co.605 1.. Ltd. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp.577.000 2. Ltd.90 0.90 0.932.025 11.90 0. Ltd..025 10.85 0.700 1. Ltd.230 20..000 1. Xiamen Hong's Enterprise Co. Ltd. Zhuhai Zhongfu Industrial Group Co.136 29.. Hainan Xingye Polyester Stock Co.000 12. Zhuhai Bonded Zone Nan Guang Logistic Co.532. Zhangjiagang Bonded Zone Dong Hai Container Co.400 20. Ningbo Bonded Area Jinming Int'l Trade Co.000 40.80 1.812 23.97 0.. Ltd. Yuming Exactitude Industry (Shenzhen) Co.. Fuzhou Jianing Cosmetics Co.11 1.87 0.
Ltd..510 994.52 0..075.000 1. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co. Ltd.000 3. Ltd. 28 Shanghai Xinjiyuan Industry Development Co. 32 Ningbo Bonded Area Honghe Store Co. Ltd.313.68 0.000 1.000 2..73 0..64 0.69 0.063.79 0.69 1.451 976.124.. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co..& Exp. Shanghai Haixin Chemical Fiber Co.. Ltd. Ltd.843 727.126.126. 15 Shanghai Jianfa Industry Co.198 764. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.218 0.747 1.120 435. Ltd.400 1. Ningbo Century Huan Yu Imp & Exp Co.001 2.007.513.321 1.933.000.368.78 0. Co.000 3.79 0.255.68 0.61 0. Volume.822.011.000 1.142.. Ltd.600. 34 Zibo Huayang Sanwei Co.664 2.55 0. 29 Dupont Hongji Films Foshan Co.84 0.000 2..Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.80 0. Shanghai Poly Technologies Co.000 1.78 0.996.101 829. Ltd.000 1.899. 26 Orient International (Holding) Shanghai Silk Imp.166.845.139. Ltd..64 0. Ltd. 25 Xiamen Huachen Clothes-Weaving Co.232.131 958. USD Price.494.145.81 0. 14 China Worldbest Group Colt.000 1.326 2.052. 24 Xiamen Xiangyu Taiping Commodity Circulation Co. Ltd.040.440 807.508. Ltd.000 3.403 715.692 2. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co.100 1.452 2.738 1.521 1.000 2.511.128..000 1. Ltd. 12 Beijing Huayuan Asia Pacific Tech Co.000 879..444 3. Ltd.000 1.336 1. Ltd.704.009 811.267. 13 China Zhongfu Enterprise Co.. 33 Shanghai Ailisheng (Group) Co.116 1. kg 8. 31 Shanghai Zhongwei Int'l Trading Co. 17 Xiamen Temao Xiangyu Development Co. Ltd..812.000 2.70 0. Ltd.361.427.500.77 0.004.69 0.79 0.843.634 546. 27 Jiangsu Shenlong Business Out-Carving Group Co.504. Shaoxing County Light Weave City Weave Imp & Exp Co.000 Value. China Silk Industrial & Trading Corp.032.994... 30 Yuyao Global Trade & Technical Co.386.000 13. 16 Jiangyin Wan Xiang Chemical Fiber Co..81 0.565. USD/kg 6.79 0.751 1. Ltd. Ltd.657 2.001 967.017.70 0. Ltd..000 3.855 3.000 3.945.53 0. Ltd.000 1.498.57 0.67 0. (Nantong) 82 .70 0.042.000 2.367 6. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co. Ltd. 21 Beijing Alison Import & Export Co.026.091 1.69 0.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co.286.152 2..000 1.547.000 1. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.188.709 1..200.74 0.001 2.248 804.389 2.000 3.513.879 1..644 1...510.76 0.093 1.775.780 730.403. Ltd.78 0.513.73 0.001 880. Ltd.72 0.78 0..56 0.000 918. Ltd.400 4. Fujian Province Qing Long Trade Development Co.697 698.64 0. Ltd.648 678.890 602.008.386 1.65 0.000 1.000 1.692.000 1.000 4.. Ltd. Ltd...000 3.. Ltd.
000 504.134 116. Co.77 83 .400 300.450 323. Ltd. Others Total 832. 54 Ningbo Bonded Area Gaoxin Counter Co.000 494. Ltd.59 0.392 365.213 376... Ltd. 52 Shantou Haiyang First Polyester Film Co.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co.55 0. 47 Shanghai Ruiyuan Import & Export Trade Co.995 242.628 306.000 500. 41 Shanghai Union Jibsen International Co..925 158. 49 Hangzhou Anshun Fibre Industry Co.000 323. 53 Sichuan Oriental Insulation Material Stock Co. & Exp..000 354. Ltd.792 333.000 513. 43 Xiamen Yundang Industry And Trade Development Co.978 503.73 0.050 306.408 198.293. 48 Shenzhen City Hua Datong Rui Industry Co.65 0.000 494.. 46 Jiangsu Wuyang Group Corp.985 0.000 306.684 212.800 494.500 342.792 171.326.655 414.63 0.93 0.77 0. 45 Fujian Huamin Import & Export Corp. Ltd.424 238..60 0.000 496.68 0.69 0.87 0.77 0..67 0.430 204. Ltd.. Ltd. Ltd. 42 Ningbo Yunsheng Imp & Exp Co.719 45.Ltd.80 0.649. 44 Shanghai Aj Imp. 55 Ningbo Arts & Crafts I/E Corp..304 152.000 337.. Ltd. Ltd.310 379.70 0. 50 Shanghai Ai Li Sheng I/E Co..400 347.190 259. Ltd.411 168. Ltd. 51 Zhejiang Grand Import And Export Co.53 0. Ltd.61 0.880 48. 56 China-Base Ningbo Foreign Trade Co.778.520 427. Ltd..42 0..
19 Shanghai Jia Yi Chemical Ent Co..308 0.47 0.725 423. Ltd.692.. 8 Deqing An Shun Chemical Fiber Industry Co. 12 Jingang Chemicals (Kunshan) Co.221 2.647..437.134 2.263 1.49 0.37 0. 34 Ningbo Jingyong Imp & Exp Co. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co..673 Value. 2.542.133 1.49 0.000 2.29 0.746 2. 25 Hangzhou Anshun Fibre Industry Co.153.032 546... Ltd. Ltd.001 687. 14 Wuxi Hengdalai Engineering Plastic Products Co.311. 30 Dongguan Shangsha Shinghing Plastics Products Co.30 0.499 509.30 0. 26 Taicang Wancai Regeneration Resource Utilization Co.30 0.983 2..06 0.040. Ltd.130 319.402 800.& Exp. 7 Shanghai Nantian Economic & Trade Co.31 0...29 0. Ltd.30 0.000.062. Ltd. Ltd.803 1.412 832. Ltd.255.463. Ltd. 33 Jiangyin City Changlong Chemical Fiber Co.776 690.388 885. (Group) Co. Ltd.643.701. USD Price. Ltd.632. 27 Shanghai Runnan Science & Technology Trade Co.858. 40 Kunshan Jianheng Fibre Plastic Co. 39 Shanghai Guochang Chemical Co.80 0.500 4. Ltd.938.30 0.820.31 0.181 1.242 1.30 0. Ltd.38 0.. kg 8..305.705 542.542 5.42 0.631 442.799 774. 16 Shanghai Dongjin Plastic Fiber Co.469 1.780 1.704 7.970 2. 41 Zhangjiagang Dongcheng Fibre Co.676 913. Ltd.. Ltd. 36 China Packaging Imp. Ltd. Ltd. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co. Ltd.817 228. 32 Shanghai Sankai Commerce Development Co.271 375.30 0.32 0. Ltd. Ltd.806.433 634..495 979.376 423.613 845.150.33 0...636 653.000 1.36 0.215 949. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co.28 0.499 586..250 2.210.42 0.402.76 3..792 1. Ltd. Ltd.177.700 1.700 231. Ltd.850 1.000 770. Ltd. 9 Shenzhen Longgang Foreign Economic Development Co.563.348 1.775 3.020. 22 Changzhou Jin Yang Plastic Product Co.42 0.529.722.139.403 371.38 0.654 540. 4 Hangzhou Sanxing Paper Co. Ltd..001 789.057 873.326 211.253.36 0.652 1. 15 Jiangsu Easthigh Group Import & Export Co.Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No. 35 Anhui Anlike Toys Co.32 0. Ltd.30 0. Ltd.564 1.222 1. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.348. Ltd. 13 China-Base Ningbo Foreign Trade Co.30 0. 6 Jiaxing Guangshun Fibre Industry Co.749.724 1.697.275 874.30 0.009 2. 23 Jiangsu Light Industrial Products Imp.985 4. Ltd.27 84 .392.000 1.517 1.337 1.312. 31 Ningbo Younger Int'l Transportation Co.813 748.28 1.715 1. 3 Shanghai Dafeng Chemical Fibre Co. Ltd. 28 Yixing Luutian Fibre Co.645 1.545.. 11 Ningbo Ding Jia Imp & Exp Co.347 517.873. Ltd. 10 Hongfujin Precisidn Industry (Shenzhen) Co. Importers Volume.977 1.815 108. Ltd.915 1..261. Ltd.30 0.& Exp. Ltd.407.270 380.972 875.535. 24 Tianjin Daanxi Recycling Short Fiber Co.94 0. 5 Hangzhou Guotai Fibre Co. 29 Jiaxing Litai Plastic Products Co...817 364.291.087 719.27 0.78 0.326 2.200 3.32 2.30 0.040. Ltd.916 299. 18 Churong Environment Protection Plastic (Shenzhen) Co.293 4.408 466. Ltd.64 0.333 329.396 3..238.
893 84.900 486..360 335.119 178.30 0.52 54 Shanghai Yongfeng Chemical Co.38 0.77 0..430 29. Ltd.70 0.305 189.34 0.32 0. 61 Shanghai Lianan Plastic Product Co. Ltd.173 116.995 142. Corp.237 93. Ltd... Ltd.063 479.144 364.627 78. 49 Shanghai Feilun Industry Co.924 40.883 91. 62 Ningbo Zhongbao Imp & Exp Co.440 134.453 106.42 Humeng Foreign Economic & Trade Corp. 65 Yaxing (Taicang) Recycling Resource Development Co.. 45 China Ningbo Cixi Imp.30 1.407.650 149. 43 Laohu Powder Painting Manufacture (Taicang) Co.30 0. Ltd.115 102. 63 Zhongluu Industry Co. Ltd. Ltd.800 234. 58 Ningbo Fengshou Import & Export Co.333 51.290 42.272 153. 52 Yangzhou Hong Le Toy Chemical Fiber Co.28 0.890 172.739 61. Ltd.30 0.. Ltd. Ltd. 57 Ningbo Xinxing Fibre Co.474 215.39 0.272 110. 56 Jiangyin Madi Recycling Co.115 210.000 628.30 0.985 55. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co.289 87. Manzhouli Corp.860 305...28 0.627 134.29 0. 47 Cipic Shanghai Imp. Ltd. Ltd.883 114. Ltd.359. 44 Hangzhou Keyun Metal Co. Ltd.28 0.. 46 Zhuhai City Qingan Huanan Economics & Trading Co.950 104.832 103. 59 Huzhou Tong Xing Plastic Co.540 81.30 0.65 0. 60 Anhui Tianfu Fibre Co.27 0.30 0.380 183..385 179. Ltd.27 0..739 56.846. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709.150 158.46 0. 48 Jiangyin Longyi Regeneration Plastics Co.742 46.160 64. & Exp.450 46.30 0.32 0.070 152..100 342.30 0.30 0. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co. Ltd.692 0.921 56. Ltd.. Others Total 85 .. 64 Orient International Holding Shanghai Foreign Trade Co.777 188. Ltd. Co.227. & Exp. Ltd.877 31.156 91. Ltd..000 268.581 399.
.85 3.556 47..818 1.243 9. Ltd. 28 Ningbo Huaxi Int'l Trade Co.139 204. 40 Ningbo Bonded Area Honghe Store Co. 3 Zhuhai Zhongfu Polyster Beer Galss Co.65 1. USD/kg 1 Chenghai Huaxiang Plastics Co.91 0. Ltd.50 1. 26 Fuqing Jiaxing Toiletry Co. Ltd.. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.779 1. 5 Xianglu Fibers(Xiamen)Co.000 18...170.92 1.490.097 16. 15 Beijing Founder Import & Export Co. Ltd.913 20. 20 Hefa Vegetable Oil (Shenzhen) Co.10 0. Ltd.17 3.391 220.250 483. Ltd. Ltd.263 228.05 0. 18 China National Construction Corp. Ltd. 2 Guangzhou Duolilong Chemical Fibre Co. Ltd.70 3. USD Unit Price. Importers Volume. Ltd.400 105.366 8. Ltd.99 1.227 2.16 1..73 1.000 813..91 1. Ltd. 6 Honeywell(Kaiping)Industrial Polymers Co.96 1.29 0.494. 36 Yuming Exactitude Industry (Shenzhen) Co. 8 Xinhui City Jiaxun Electronic Trade Co..000 7.000 1..000 238... 33 Fuzhou Jianing Cosmetics Co...86 1.34 0. Ltd.11 0..893 19.. Ltd.000 203.42 0. Ltd.900 2. 35 Zhangjiagang Bonded Zone Dong Hai Container Co.000 400...465 20.016 15.034 49.. 25 Xiamen Xiangyu Shangyang Trade Co.64 3.000 61. 17 Tengxing Industry Co.723 54. 10 Xiamen Zhong Tian Plastic Co.585 73.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No.612 46.Z Huajian Electronics Co.943 2..000 380. 23 Shanghai Heshibi Chemicals Co.600 5. Ltd. Ltd. Ltd. Ltd. 31 Rexam Der Kwei Industrial (Shanghai) Co..90 1..000 16.78 86 .08 0.839 37.987 45..250 2..E.138 103.800 689.000 2.26 0.00 1.& Exp. 16 Zhejiang Grand Import And Export Co. Tianjin Company 30 Shanghai Huiyou Storage Co.53 1. 14 Jingyuan (Nantong) Chemical Fiber Product Co.209 248.794 69..725.000 60.87 1.. 37 Shantou S.987 36.515 32.222 200.246. Ltd.22 3. 32 Kunshan Litai Fibre Co. 9 Tianchang City Changxing Terylene Chemical Fiber Co.619 23. Ltd. 13 Shanghai Huayuan Investment Development (Group) Co.606.486 9.69 1.. 24 Ningbo Younger Int'l Transportation Co.54 0.. Ltd. 4 Jm Shanghai Nonwovens Co.000 10.60 2. Ltd. 3.000 20.388 65.. 29 China Packaging Imp.99 1.072 29.000 75. 7 Taizhou Changshengda Plastics Co. Ltd. Ltd.145 41. Ltd.160 9. Ltd. kg Value. 11 Beijing Hua Yuan Asia Pacific Tech Co.974 55.25 1.287 138.000 187.628 431. Ltd.675 890..000 59.172 364.05 2. 38 Shenzhen Baoan Foreign Economic Development Co. Ltd. Ltd.000 35.28 0.35 1. Ltd. 27 Dongguan City Kaiying Trade Co. Ltd. 12 Jiangyin Beikaerte Steel Wire Products Co.000 11.828 122.48 1.134 143.071 11.799 40.750..06 2. Ltd.258 4.. Ltd.345..162 30. 39 Shanghai Xinxing Imp & Exp Co.. Ltd. Ltd.290 83. Ltd.749 479.925 4.763 17.058.000 74.06 1. 34 Qingdao Ever Speen Zipper Co. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co.91 3.800 18.881 1.825 63..000 9.965 10.974 315.
Ltd. Ltd.895 6.761.022.000 3.93 1.522 3.575 3. 6 Shanghai Haixin Chemical Fiber Co.96 0..554 316 23 11 16.000 1.000 900 300 1.970 957.836 1.450. 19 Zhejiang Xiongfeng Imp & Exp Co.000 5.000 2.79 1.952.63 0.. 22 Ningbo Bonded Area Gaoxin Counter Co. Ltd.668 1. Ltd.000 4.199 14. 13 Shanghai Zidong Chemical Plastics Co.450.000 1.515. Ltd.226.02 1. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co.500 1..125..926..41 Shanghai Fangxin Plastic Mould Co. Total 4.. Ltd.467.000 Value... 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.Ltd.109 0.756 1.968.605 884. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co.692...62 2. 21.586. Ltd.263..93 0.149. 10 China-Base Ningbo Foreign Trade Co..340.158. Ltd.419 3..55 1. Importers Volume.391 4.684. 16 Xiamen Tongrun Industrial And Trade Co.90 2.95 0.(Nantong) 8 Yuyao Global Trade & Technical Co.000 2.058 1...00 3.007.00 5.. Ltd.234 4. Ltd. Ltd.000 1.000 2.073.. 2 Shaoxing Textile Co.561 3.59 0.000 3. 15 Ningbo Century Huan Yu Imp & Exp Co.03 0.79 1.868.. 18 Shanghai Jianfa Industry Co.947 2. 27 Jiangsu Wuyang Group Corp.218 4. 87 . Ltd.900 8..500.000 1.018..90 0. 46 Lingwang ( Wuxi) Electrical Equipment Co.251 998. Ltd.204. Ltd. Ltd.927 1.000 1.920 3.892.726 1..85 0.96 0.216.98 0.360 2.000 7.09 0.676 1. Ltd. Ltd. 43 Shenzhen Longgang Foreign Economic Development Co.472 5.228.178. Ltd.342. USD/kg 1 Shaoxing Tianlong Imp & Exp Co. Ltd.208.50 0.689 1.071. kg 21. Ltd.89 0. 47 Shenzhen Light Industrial Products Imp. Ltd.508. 49 Shunde Xicheng Plastic Container Co.667 882.810 3. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co..91 0. 42 Shanghai Zijiang Special Bottle Industry Co.84 1. Ltd.. 7 Dongli Compound Fibre Co.216 985.989. 14 Zibo Huayang Sanwei Co.228.01 1.98 0.000 1.22 0. & Exp. 50 Fuzhou Dong Li Cosmetics Co.645. Ltd.. Ltd.441.631.348 2.08 0..786 2. 9 Shaoxing County Nanfang Imp & Exp Co.702 1. Ltd.000 2.80 12 Shaoxing County Yanzhong Trade Co.505 1.002 2.050.153 1.218 3.510.68 0.06 0.368.545 806.521.404.842 9. 23 Shanghai Huayuan Investment Development (Group) Co.000 3.345.99 1.504.000 3. Ltd.11 0.51 0.. Company 48 Haolai Chemical Industry (Zhongshan) Co.000. Ltd.83 1.. Ltd.134.121 1. Ltd.000 3.000 1.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.08 0..624.768.725 150 45 2. Ltd.423 4. 17 Shaoxing Zhenya Weave Product Co.716 1.714 6.504. 5 Shanghai Hua Yuan Enterprise Development Stock Co. Ltd. USD Price. 4 Dupont Hongji Films Foshan Co. 3 Shaoxing County Light Weave City Weave Imp & Exp Co. 24 Shanghai Jiuaifu Logistics Co.583 5.410 1.554 3.99 1..278. Ltd.
74 0.170. 57 Shanghai Zheng Bao Textiles Products Co.717 270. Ltd.78 1.39 0. 34 Shanghai Huaxing International Container Freigat Transporation Co.494 695. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1.130 126. Ltd. Ltd.654 64.031 1.800 500.03 0.278 432.347 541..000 400.580 239.000 100.94 1. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co.13 0. Ltd. 36 Ningbo Jiasaile Trade Co.126 60..87 0.502. Ltd.797 457.824 470..000 502.000 171.500 105.400 272.80 1.360 1. 41 Jinjiang Fu Xing Zipper Co.953 85.(Nantong) 54 Nantong Huatong Fibre Co. Ltd.10 0.403 406.68 1.87 0.000 500.91 0.000 651. 55 Jiangxi Fushida Trade Co..171 268. Ltd.. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co.544 760. 39 Shanghai New Long March International Trade Co.241 735.000 500.27 2.170 54.58 0.. 43 China National Chemical Fiber Corp.85 0.000 500.000 190.57 0.000 118.942 100.810 954.287 440.28 Zhejiang Grand Import And Export Co. Ltd.171 109.828 211.620 738. Ltd.. 56 Zhangjiagang Cheng Xing Chemical Fibre Co. 38 Shantou Haiyang First Polyester Film Co.048 500.024 300. Others Total 88 .000 500. Ltd.962 550. 40 Jiangsu Shen Long Business Out-Carving Group Co.873 178.. 37 Shaoxing City Longsheng Weave Products Co..763 646.353 396.000 500. Ltd.79 0. 29 Shanghai Justen Packing Material Co.86 0.580 379. Ltd. Ltd..10 0.83 1.000 521.87 0.84 0..55 0.000 456.. 30 Kaiping Mingxian Monofilament Enterprise Co.328 440. 59 Ningbo Haitian International Co.173 212. Ltd.219.227 289. Ltd.90 0.000 136.969 455. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.437 165.447 0.000 116.. 58 Ningbo Dafa Fibre Co.. Ltd. Ltd.94 0.01 0.026.70 1..88 0.63 0.969.713 137. Ltd.493 818..000 936. 53 Dongli Compound Fibre Co.773 421.77 0.99 32 Ningbo Arts & Crafts I/E Corp..496. 35 Jiangyin Wan Xiang Chemical Fiber Co. Ltd.613.356 163.309 186. 60 Xiamen Waitu Imp.115 572... Ltd.90 2. Ltd.80 0. 48 Nanhai City Jinglong Non..55 1.81 0..316 108.Weaving Co.971 360.000 500. Ltd.658 512. Ltd. 52 Hangzhou Anshun Fibre Industry Co. Ltd.140 122.615 252.000 454.. Ltd. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co. 42 Orient International Holding Shanghai Foreign Trade Co.
751..942.464 749.425.310 857.730 12.307 347.106 310.928 962.802 1..213 2.201 4.48 0. 26 Kunshan Jianheng Fibre Plastic Co.41 0. Ltd..696 3.484.384.837.270 1.431 2.665 4.049.725 1. Importers Volume.40 0. Ltd.824 452.718 1.196 287. Ltd. 25 Zhongcheng Ningbo Imp & Exp Co.754 342.55 0.083. 27 Kunshan Anshun Fibre Co.038.33 0.40 2.50 0.41 0.079 431. Ltd.409.082 1..125 977.055 827. 7 Hangzhou Guotai Fibre Co. Ltd.149 136.. Ltd.102.284.178 2. Ltd.26 0. Ltd.160 797.. Ltd.766 1.832.& Exp.38 0.804 285.603 1. & Exp. Ltd.03 1.518 618.772 3. 39 Shanghai Jia Yi Chemical Ent Co.33 0.122.978 7. 89 .271.000 340. 31 Dong Guan Foreign Service Co.646 985. Ltd.33 0.071. Ltd. 34 Hangzhou Keyun Metal Co. Ltd.314.000 2.634 11. 14 Zhangjiagang Cheng Xing Chemical Fibre Co. 8 Hangzhou Anshun Fibre Industry Co..19 0.211.064.490 664.45 0.. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co. Ltd.470 1.38 0.075 749.723 378.730 322. 18 Yixing Luutian Fibre Co. 35 Shenzhen Fbseg Industry Co.232.371 8.50 0. Ltd.981 332..219.000 956. Ltd. Ltd..494.453 2..116. 30 Dongwan Gaofuda Plastics Products Co.832 537.867 3.612 3.572 303.240 467. Ltd.495 3.602 17. 6 Fuyang City Fu Xing Imp & Exp Co.048 1.855.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No. Ltd.942. Ltd. 9 Churong Environment Protection Plastic (Shenzhen) Co.478 4.515 253. 28 Shenzhen Baoan Foreign Economic Development Co.118 509. USD/kg 1 Ningbo Huaxi Int'l Trade Co. USD Price. kg Value.. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co.36 0.277 1.38 2.431. 11 Ningbo Younger Int'l Transportation Co.876.46 1..80 0.134 1. 36 Zhuhai City Qingan Huanan Economics & Trading Co.694 1..32 0. 10 Jiaxing Guangshun Fibre Industry Co.479 1.248. 22 Jiangyin Sanqiang Chemical Fiber Material Co. Ltd.813 1. Ltd.49 0.747.706 4. Ltd.081 429.46 0. 24 Shanghai Yongfeng Chemical Co.049 229.146 663.103.137 1....44 0. Ltd.Corp. 16 Wuxi Hengdalai Engineering Plastic Products Co. Ltd.419.184 3.497 438. Ltd.807 2.781. 40 Shanghai Ge Lai Di Fiber Products Co.682 420.. Ltd.040 1. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.419.789 479.300 481. 13 Jiangsu Light Industrial Products Imp.000 696. 17.62 1.47 Unit 3 Shanghai Runtong Int'l Trade Co.. Ltd. Ltd.854.44 0.156 1. 20 Jiangsu Easthigh Group Import & Export Co. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co. Ltd.03 0. Ltd. 29 Zhejiang Zhenbang Chemical Fiber Co.242.30 0. 17 Shenzhen Longgang Foreign Economic Development Co.67 0.378 3.97 0.39 0.36 1.664.66 0. (Group) Co.40 0.127.142 964. 15 China Light Shanghai Imp.543 601.345.58 0.300 300...824. 21 Lili Industry (Shanghai) Painting Co.70 0... Ltd. 19 Shanghai Dongjin Plastic Fiber Co. 23 Shanghai Runnan Science & Technology Trade Co. Ltd.101.43 0. 33 Ningbo Fengshou Import & Export Co. Ltd. 12 Hangzhou Sanxing Paper Co. Ltd.33 0.014 0..437 831..
959 233.333 108.450 460. Ltd.77 0.31 0.05 0. 61 Yingjunren Plastic (Shenzhen) Co. Ltd.42 1. Ltd.254 33.737 36.529 260.636 250.30 0.. 58 Jingang Chemicals (Kunshan) Co...529 123. Ltd.016 121.. 75 Shanghai Feilun Industry Co. 51 Dongguan City New Technologies Imp & Exp Co. Ltd.656 36.31 0.30 0.42 0.708 36.489 213.003 205. Ltd.170 105. 43 Jiaxing Litai Plastic Products Co. Ltd.. 50 Haifu Development(Shenzhen)Co. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co. Ltd...046 46.148 222..645 100. 60 Pujiang Bai Lian Imp & Exp Co.782 242...627 35.550 368.615 161.45 0. Ltd.533 215.42 0. 59 Jiangyin City Changlong Chemical Fiber Co.066 100.. 44 Ningbo Ding Jia Imp & Exp Co.420 161.504 157.. 42 Dongguan Shangsha Shinghing Plastics Products Co. Ltd. 54 Shanghai Dong Hao Int'l Commercial Co. 70 Ningbo Dafa Fibre Co.905 188..139 67.757 251.103 448..41 Shanghai Yawei Trade Co. 71 Shanghai Hanjia Metal Product Co.327 112.85 0.& Exp.932 0. Ltd.54 0.840 266.329 44. 52 Shanghai Rongyi Chemicals Co. 55 Changzhou Jin Yang Plastic Product Co. Ltd. 545.030 121.918 120.30 0.532 119. 65 Dongguan City Qifeng Foreign Trade Co.62 0. 48 Tianjin Daanxi Recycling Short Fiber Co.000 408..80 0.42 0.463 99.056 570.35 0.64 0. Ltd.163 250.. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co.000 805.000 707. Ltd.580 219.231.. Ltd.000 252.204 124.320 107..884 159.882 187. 46 China Packaging Imp. Ltd. Others Total 90 .30 0.32 0. Ltd. 45 Shengqin Plastic Cement ( Shenzhen ) Co.555 237. Ltd.54 67 Ningbo Jingyong Imp & Exp Co. Ltd. Ltd..073 110.42 0. Manzhouli Corp.174 513.550 154. Ltd.432 236. Ltd.931.30 0.50 1.. Ltd.874 66. Ltd.828 179. 56 Anhui Anlike Toys Co. Ltd.123 350.850 164. 62 Hongkai Fibre (Quanzhou) Co.384 100...333 149.147 229.213..30 0. Ltd.000 125.607 361. Ltd.46 0. 57 Taicang Wancai Regeneration Resource Utilization Co. 63 Qiyuan Plastics (Shenzhen) Co.31 0. Ltd.354 112. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co.39 0..365 102.42 0. 53 Shanghai Yongkai Trading Co.511 76.05 0.30 0.26 0. 64 Humeng Foreign Economic & Trade Corp.250 242. Ltd. Ltd.30 0.352 151.217 83. 49 Shanghai Jiumao Foreign Trade Co. 73 Zhejiang Xinghe Group Industrial Co.830 195..838 30.215 390.35 0. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution.90 0. Ltd.665 117.77 0.61 0. Ltd.000 254.. 74 Shanghai Lianan Plastic Product Co.58 0.46 0.30 0.549 179.364. Ltd.034 74.513 297. 72 Wuxi Tianyi Int'l Trade Co.269 490.356 449.500 329.518 56.
the United States and Italy. But they refuse to disclose the names of those regions. 700/MT. Ltd. they produce bottle-grade chips but don’t produce film-grade chips.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr.. P. It is a wholly foreign-funded enterprise. Address: Nanhai 1st Road.000MTS/year of special polyester annually.com 1) Company Background Dragon Special Resin (Xiamen) Co.000~15. Han Jiang Website: www. heat through heat-transferring medium and electricity. Sales and Export They claim SDR has import and export license. Haicang Investment Zone.1 Dragon Special Resin (Xiamen) Co..dragonsr. with the investment totaling USD274 million. and they comment it is not high. And the company is the exclusive distributor for some regions. DSR occupies a total area of 24 hectares. Price They disclose current price for bottle-grade chip is RMB10. The total production capacity of PET products is 320. capable of producing different grade of polyester chips. The main products of DSR are bottle grade chips. DSR has a special PET production line. three Solid-State Polymerization lines. and current output is 14. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. (DSR) is founded in April 2002. Xiamen 361026. At present. industrial grade chips as well as other related high quality products. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products. DSR's production facility is equipped with technologies and equipment imported from Japan. with the production capacity of 320.000MTs/month. 91 . DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer.V-2 Foreign Companies in China V-2.000MTs/year.R. DSR also provides public utility such as steam. Ltd.
Price and Specifications 92 . .195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. Zimmer AG. Shanghai Lianji introduced a 70..Production They claim the company started to produce PET chip in 1995... Zhuo Website: www.R. They claim the company is a Sino-Germany joint venture. Ltd.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr.. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co. in 1994.92 million. .000MTs last year.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's.com 1) Company Background Shanghai Lianji Synthetic Fibre Co.shlianji. The production capacity is 300.The Phase Three polyester Project with yearly capacity 150. Shanghai Lianji covers an area of 294.000MTs/year and it produced 250. and the price of raw material keeps growing recently.Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Germany and Shanghai International Shanghai Growth Investment Ltd. Shanghai Lianji passed ISO9002 in early time. which has advanced equipment and can produce high-quality products.300m2 and has 528 employees.2 Shanghai Lianji Synthetic Fibre Co.V-2.000MTs/year started construction on August 2002.000MTs/year filament grade polyester facility (Phase One) and a 30. Address: No. Its total investment is USD138 million and registered capital is USD49. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow. 2) Situation of PET in 2005 . Ltd. Ltd. They disclose the company carries out production in accordance with purchasing contracts.
CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco. West Waihuan Road. the daily output is 800MTs. Raw Materials 93 . ISO14001.The company can supply many specifications.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. including dull. 400/MT. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years. CWRC’s water bottle-grade chip. 60% and 70% of domestic market. Jiangsu Province.. The total investment of this company is USD11.3 Jiangsu Changzhou Worldbest Radici Co. semi-dull and bright chips. National High & New Technology Industry Development Zone. Address: No. Xu Website: www. in 1996. At present.406 million and the registered capital is USD45. FDA test and Coca-Cola. and the production capacity is 270.. Hongkong Qiule Development Co. which makes the company one of the largest manufacturer in China. They disclose there are three production lines of PET in this company. Ltd.000MTs. Current price is RMB10.R.2 million. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr. P. 68. (CWRC) was founded by Shanghai Huayuan Co. Changzhou 213022. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002.. Ltd. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80. V-2.China Tel: +86-519-5100553-663. Ltd. Italian Faostuo Radici Group. respectively. heat-resistant chip and edible oil chip hold 20%. Ltd..czwbr.000MTs/year bottle-grade polyester chips.
The company’s production capacity of PET is 220. 94 . Changzhou 213033. the price of water and oil bottle-grade chip is RMB11. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. fruit juice drinks. Address: No. with the total investment over RMB400 million. Xinyu East Road. Price At present. P. 1.They claim all raw materials for PET chips are imported from foreign countries. Xinbei District. but the rate will vary with the market demand.000/MT. Its bottle-grade PET chips can be applied in packaging of CSD. tea-drinks. They disclose the company carries out production according to its purchasing contracts. The company mainly specializes in producing bottle-grade PET chips with 220. etc. as well as drugs. Yutang Industrial Park. The company exports half of its products to international markets. Jiangsu Province.. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. which is different from other PET producers. At present.China Tel: +86-519-5778111. and edible oil.. Ltd. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. films. pet sheets and HDI. drinking water. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. Changzhou Andenie covers an area of 120. Ltd.000MTs/year. 2005 and only produces bottle-grade PET chips. Germany and SSP technology and facilities supplier Bühler AG. the operation rate is about 80%.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co. Swiss.andenie.4 Changzhou Andenie Polyester Co. 5778666 Fax: +86-519-5778889 Person to Contact: Mr.000MTs/year production capacity.R. V-2. Guan Website: www.000 square meters.
textile. 500. The company will accept new purchasing orders till Oct.198. weaving. Xinghuo Development Zone. because all the products produced in Sep. POY. The production capacity of bottle-grade chip is 180.000MTs/year Differential polyester staple fibre.com. DTY.. P. 2005.000MTs of PET chips last month. They disclose the specifications of the bottle-grade PET chips include CSD.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries.feis. Sales and Export The company has the import and export license. fruit juice drinks. The product structure is as follows: Bottle-grade chip. and edible oil. They claim the price will change in accordance with the market. Ltd. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996.800/MT and RMB11. dyeing and finishing. Address: No. chemical fiber. drinking water. Pudong District.R. Wang Website: www.000/MT.000MTs/year.000MTs/year in 2005.000m2. have already been ordered. SSP. PET sheet. Baisha Road. tea-drinks. and the company claims it will increase to 500. The company passed DNV ISO9001: 2000 quality system certifications.China Tel: +86-21-6875-1888 Person to Contact: Mr. 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-2.5 Far Eastern Industrial (Shanghai) Co.000MTs/year 95 .cn 1) Company Background Far Eastern Industrial (Shanghai) Co. staple fiber. Factories of Far Eastern Shanghai occupy 370. 60. Ltd. and it exported 11. Shanghai 201419. They disclose the PET chips of this company sell well currently. dyeing and finishing and other relative accessory facilities. Price and Specification The price of bottle-grade PET chips is between RMB10. There are workshops for polymerization.
They comment that the price is slightly high in China.Price & Packaging The price of PET film depends on the thickness of products. Address: No.6 Hunomik (Shanghai) International Trade Co. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991. In general.933. Ltd. It is a wholly foreign-founded enterprise.S. Ltd. the company has nine production lines. Industries Co. 9.000m2.POY.000MTs.. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003. Its workshops cover 50. Li 1) Company Background Hunomik (Shanghai) International Trade Co. PET film 17. PET..000MTs/year.Production They claim the company has production facility of PET film. 96 .000MTs. developed ventilating film in 1993 and launched into PET film field in 1997. Ltd. They disclose that the packaging of products for export is in compliance with the export packaging standard. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr.700~1. Zhongshan West Road. Shanghai.000MTs/year DTY. .000MTs. The company specializes in producing BOPP. P.000MTs/year. about 200. the annual output of BOPP film is 30. 2) Situation of PET in 2005 . with the capacity of 55.R. The company started to produce BOPP film in 1990. ventilating film 4.000MTs and aluminized film 4. the price is FOB USD1.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. Changning District 200051.800.. Thereof. In South Korea. ventilating film and processing many relevant film products. 34. (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H. V-2.China.
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
PP and PA units producing 400. Fiber sector contains PTA. Sales and Export They claim the company has the import and export license.5 billion. If clients only need 1~2MTs.000MTs next year. Liaoning Province. while hot-filling bottle-grade chips products will be available next month. Ltd. LYPC is engaged mainly in oil refining and producing chemical products and marketing. The output in 2004 is 350.000MTs/year of N66 salt (including AA).000MTs/year of fiber products.000 staffs and workers.cn 1) Company Background Covering an area of 16 square kilometers. V-3. they can offer less than container load. Fuel Section can produce 1.000MTs of light chemical oil annually. LYPC currently has total assets of RMB13. In general. P. LYPC now has 9 functional departments. LYPC has marketed its products all over China and exported to foreign countries. The company has bright film-grade and carbonated bottle grade chips in stock currently.cnpc-lh.com. 10 production plants.035 FOB Zhangjiagang. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC. They comment this price is comparatively cheap. 2) Situation of PET in 2005 99 .3 Liaoning Liaoyang Petrochemical Co.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www.R. 6 units under its direct control and 3 large joint ventures with 12.000MTs/year of PET. LYPC has 39 large production units with a capacity of refining crude oil of 7. the products for export will be packed in container. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products.5 million MTs/year. Hongwei.000MTs/year this year and it will increase to 950.000MTs/year of plastic materials and 50.They claim the company’s production capacity is 550.5 Torch Street.000MTs. Address: No. Liaoyang 111003. Chemical Sector has PE unit. PET. each about 21MTs. Price & Packaging The price for common water bottle-grade chips is USD1.45 million MTs of oil products and 900. aromatics unit and nylon 66 salt unit which produces 90. 160.
Ltd. Address: No. as well as Kaiping Chunhui Co. Fax: +86-750-2228836 Website: www. bright fibre grade chip for civil use and industrial use. Guangdong. Ltd. which has been listed.400/MT. 300/MT and that of oil bottle-grade is RMB10..kaiping-polyester. located in Guangdong Province and covering 700.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. Price The price of water bottle-grade is RMB10. 2228111. bright chip.4 Guangdong Kaiping Polyester Enterprises Group Co. V-3. Honeywell (Kaiping) Industrial Polymers Co.1. high viscosity chip for industrial use.China Tel: +86-750-2213758..000MTs last year. Color Venter Particle Factory. Kaiping 529325.000MTs/year.R. Ltd. Meihua Road. (Kaiping Polyester) is a largescale collective group. 100 .000m2 of land. The company has two freight docks. 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. The total output of PET products is over 300.. The company’s subsidiaries include Polyester Chip Factory. Shagang District.- Production They claim the company has PET stock at present. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. medium viscosity chip for use in sewing thread.com. film grade chip and bottle grade chip. P.
com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co. V-3. and the price will be higher. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. The company set up a 2.000MTs/year PET for bottle.000m2 of land and its construction area reaches 100.yuhuapet. 150..000m2. Species and Price They claim the packaging is 1MT. Ltd. (Zhuhai Yuhua). EEC test and H203. The viscosity degree is higher. light fibre chip for industrial use. which are purchased in China and imported from foreign countries sometimes.000m2 testing building..5 Guangdong Zhuhai Yuhua Polyester Co. 80 are engineers and technicians. Ltd. Among them. 140. Guangdong Province. Its structure of major products is as follows: PET for fiber.The company adopts glycol and PTA as the raw materials. highly viscous chip for industrial use. It exports products to Japan and West Europe. which is equipped with hundreds of advanced analysis apparatus. Zhuhai Yuhua specializes in producing polyester chips. Zhuhai Yuhua has 650 employees. The price varies in accordance with the viscosity degree of products. Address: Tangjia.R. Zhuhai 519080.000MTs/year 2) Situation of PET in 2005 Production 101 . etc. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB.000MTs/year PET for film. The company produces many species including light fibre chip. covers 230. Its products of bottle grade PET have been approved by FDA test. 10. P. established in 1988. HR201. Packaging.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www.
000MTs/year.8 billion. The price is RMB10. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications. UCFG covers an area of 380.000MTs/year. V-3. Southeast Asia.. Ltd. UCFFG has six subsidiaries and holding companies. which is effective for about one month. China Development Bank. etc. the total assets of UCFG reached RMB1. Its registered capital is RMB860 million.. with a total capacity of 150. with the capacity of 150. Shaoxin 312000. China Cinda Asset Management Co. Sales and Export They claim their products are sold throughout the country and other countries such as Europe.6 Zhejiang Chemical Fibre Joint Group Co. (UCFG) was built in 1984 by China Orient Asset Management Corporation.R. At present. By the end of 2002.. including semi-dull chip. etc.000MTs/year of polyester filament. China Huarong Asset Management Corp. polyester staple and other products. the company’s production capacity has increased to 300. Zhejiang Province. P.000MTs/year for PET chip. In the beginning of its establishment.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr.000m2. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip. and other companies.They claim the company produces fibre materials. Ltd. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. They disclose most consumers are willing to buy oil bottle chip 202 materials. the company only had 5. cation chip. 102 . flame retarding chip.. tea bottle. oil bottle 202 and so on. Address: Under Qishan Bridge. polyester long filament. . The company also produces chips for mineral water bottle. 600/MT. Coca Cola bottle. Ltd.
80 employees work for it and 29 of them are engineering technologists. 103 . Ltd. Ltd. Jinan Weide Fibre Fabrics Co. (Jinan Zhenhao) was founded in April 2002.. semi-dull and bright chips.R.jnzhaf. 100.2.600 employees. Xi Website: www. Huaqianchang Road. The product structure of this company is as follows: IPA.. Ltd. specializing in producing..000MTs/year Polyester staple..000MTs/year. Ltd. Shandong. 29. Jinan Zhenhao Polyester Co. Jinan Zhenhao Polyester Co. 22.000MTs/year PET melt and chip. 260. processing and marketing chemical fiber.1 and OHSA18001..com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co.China. Ltd. fabric and garment.39 billion. LiXia District. Ltd. 110.. Tel: +86-531-88068236 Person to Contact: Mr. textile material.7 Shandong Jinan Zhenhao Advanced Fiber Co. The company has RMB220 million of fix assets. Ltd. The company can offer cation. About Jinan Zhenhao Polyester Co. is a holding company of Jiannan Zhenhao.8% of who are technologic support members and 89 people are senior technologists. ISO14001. The company owns 9 subcompanies. Ltd. Jinan Huaxian Scientific. ISO10012. P.. JiNan250100. Jinan Zhenghao Trading Co. Industrial and Trade Co.000MTs/year Polyester filament.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co. The production capacity of semi-dull chip is about 200. Address: No. V-3. Jinan Zhenhao has 1. Its asset is up to RMB2.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip. Ltd. Jinan Zhenghao has passed ISO9001...
Tianjin Branch Address: Sinopec Corp. Normal output is 400~500MTs/day. +86-10-51586861 Fax: +86-10-51586884 Website: www. and they comment that the product can bring much profit. 60. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small. chemical and chemical fibre.8 Sinopec Corp.000MTs/year of PET chips. Tianjin.000MTs of filament. PET fibre capacity is 100. Tianjin Branch (Sinopec Tianjin) was founded in Apr. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation.com. 104 .cn 1) Company Background Sinopec Corp.500/MT. Up to now. and the daily capacity is 500MTs/day.000MTs/year. Price They disclose the price of PET chip is about RMB10. Raw Material They claim the company produces PTA as well. Sinopec Tianjin has 4. V-3. including 30. A set of 100.R.The company adopts the China-developed technology to produce PET. and some are sold to Heibei Province. The capacity of PET chip is 160. the facility of PTA has stopped for maintenance. At present. Sales The products are mainly sold in Shandong Province. They claim the company has two sets of facilities.638 staff members. Its oil processing capacity is 5 million MTs/year. P.76 billion is fixed assets. Tel: +86-22-63822777. about 60~70MTs/day.000MTs/year. It has its own special Oil Wharf and tank area in Xingang Seaport. Tianjin Branch.China. with the total production capacity of 260.000MTs/year facility has stopped production.000MTs/year.46 billion.000MTs/year of staple fibre and 8. including 743 technicians. Dagang District 300271. among which RMB2.000MTs/year. chemical reforming capacity is 150.tpcc. Tianjin Branch’s total asset is RMB6. Sinopec Tianjin has 20 production facilities covering refining.
Henan Province. etc. R. The price is RMB10.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. 105 . Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. P.Sinopec Tianjin mainly produces 31 kinds of products of oil. jet fuel. Union Carbide Corporation in the United States. 300. heavy aromatics.000MTs/year.000MTs/year. Shell in Netherlands. PTA facility.000MTs/year. 48. Chemical Fibre Section: Polyester facility. Ethylene Section: Ethylene facility. petroleum asphalt. 200.000MTs/year. 600.000MTs/year. 100. LuoYang 471012. 000MTs/year. It is called Sinopec Corp. . fuel heavy oil. PET chips. 22. PX facility. . 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. 2. Price The company produces fibre-grade PET chip. 120.000MTs/year.200 at present. polypropylene facility. polyethylene facility. including lead-free gasoline. benzene. FDY and POY filament facility. 90. which is taken changed by the sales center in Beijing. 43.000MTs/year. Neumag Company of Germany. 200. PLG.000MTs/year.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility.000MTs/year.000MTs/year and EG facility.Sales The sales of this company have been unified. coke. Tianjin Branch. EO facility.000MTs/year. kerosene. 250.China. PET Staple Fibre facility.000MTs/year and differential staple fibre. They claim the production capacity of PET is 200. PET staple fibre and filament. Mitsui Chemical. DMT. V-3. Lummus. para-xylene. 80. Mitsui Toatsu Chemicals of Japan.000MTs/year. chemicals and fibre. Polyether Polylol facility. film-grade chips facility. 60. light diesel.000MTs/year.
polyester facility. including 2.lypcc. The Chemical Fibre Plant has five major production facilities.com. The capacity of polyester filament is 90. which was invested in RMB6. UOP and Japanese Toray.000MTs/year.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. chemicals and chemical fibre. 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 .000MTs/year.500 employees.4 billion. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. PTA facility. The capacity of PET melt and chip is 200. It has 1. Sinopec LPC has more than 8. Sinopec LPC specializes in oil refining.100 employees.Tel：+86-379-66996147.200 professional technicians. It was started construction in 1998 and put into production in 2000.000MTs/year. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. direct spinning polyester filament and direct spinning polyester staple fibre. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200. but the output volume is not as large as it. including aromatic hydrocarbon facility.000MTs/year. +86-10-51586861 Fax：+86-10-51586884 Website: www. The plant carries out production in accordance with purchasing orders.000MTs/year. that of PTA is 250. and that of polyester staple fibre is 100. DuPont.
107 . Meanwhile. in 2004. It has more than 7.10. Its products include: POY. and that of chemical filament fibre is 600. and most PET chips are used to produce polyester filament and staple fibre by the company itself. Only a small part of PET chips are sold out. Ltd. Guangming.. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. the group sets foot in real estate. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co. in 1999 and Tongkun Group Co. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. IT as well as printing and dyeing fields. the total asset of Zhejiang Tongkun is RMB2. . Tongxiang Development Zone. Zhu Website: www.zjtkjt.000 employees. It is a state-owned enterprise. agriculture. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies.8 billion. 2.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. V-3.The company produces fibre-grade PET chip.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr.200 at present. The price is RMB10.000MTs/year. P. Ltd. including RMB1 billion of net assets. Zhejiang Tongkun Group Address: No. Hangzhou 314500. DTY DT FDY filament PET chip The production capacity of polyester is 720.000MTs/year..R. Zhejiang Province. At present. It sells its products all over China and exports them to over 10 countries and regions including India and Italy. . trade. finance.
000MTs/year PET chip project. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180. Price and Specification The company can offer fibre-grade and bottle-grade chips. They disclose the company produces fibre-grade chip but not film-grade chip at present. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999. The price of bright chip is RMB10.Zhejiang Tongkun introduced equipment from TMT in Japan. Zhejiang Tongkun invested RMB580 million in the 180. Zhejiang Tongkun passed ISO9002. no semi-dull chip. 2002. etc. In Jan 2001. 2002. Sales and Export The company has the import and export license. the production capacities of polyester and melt direct spinning long filament reached 700. which was put into production in Jun. About PET Project In Apr. Up to 2004.000MTs/year polyester and melt direct spinning production line. which was put into production in Sep 2003.000MTs/year and that of bottlegrade is 20.000MTs/year modified melt direct spinning long filament project. In Jul. In Aug.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. 500. Zhejiang Tongkun invested RMB310 million in the 180. 204. 108 . HONEY WELL in the US. which was put into production in Oct. 2000. 2000.000MTs/year. The production capacity of fibre-grade PET chip is 180. They claim the market of PET this year is unfavorable. HIMSON in India.000MTs/year polyester project was put into production. UB20 LAUDA in Germany. Zhejiang Tongkun invested RMB120 million in the 160.000MTs/year and 550.
The price will vary with the market. Ltd. Ltd.R.tunhepet.000MTs/year.com.. 109 . Ltd. . Address: Yan’an South Road. V-3. The company also produces fibre-grade chip. with the capacity of 110. Xinjiang. as there are many buyers waiting for the products.. there are 225 employees in the company. P. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. The production capacity of multifunction and differential polyester chips is 60.China.000MTs/year. Among them. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www. . 800.cn 1) Company Background Xinjiang Tuhe Polyester Co.Production They claim the company hasn’t PET chip in stock at present.Price The price for bottle-grade chip in its latest purchasing order is RMB10. Current operation rate of its facility is 100%. Its major product is bottle-grade PET resin.Sales They claim that the current market situation is comparatively good. ISO9001: 2000 and ISO14001.11 Xinjiang Tunhe Polyester Co.000MTs/year.000MTs/year. 2) Situation of PET in 2005 . The company passed OHSA1800. The production capacity of bottle-grade chip is 60. Chanji 831100. The company covers an area of 13. with the production capacity of 60. At present.87 hectares. The company carries out production in accordance with the purchasing contracts. 90% workers graduated from the technical secondary school or collage. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO..They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year.
(Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory. The Company passed ISO 9002 and ISO9001: 2000. which started to produce PET as early as 1985.000MTs/year. Heping street. that of filament is 36.116. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. Miss Shao Website: www. Xiao. At present.longdi. It is a listed company. Ltd.000MTs/year and polyester industrial filament is 37. Ltd. and the two factories work for 24 hours a day. the production capacity of PET chips is 160. Acheng city150316. Heilongjiang Longdi has the import and export license.biz 1) Company Background Heilongjiang Longdi Stock Co. It does not produce film-grade chip.000MTs/year.V-3. Address: No. They claim their equipment is worldadvanced. while only two factories are producing PET due to capital problem in the company. 2) Situation of PET in 2005 . The company carries out production according to the market demand.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion.China Tel: +86-451-53715382.R.. Heilongjiang. It sells its products all over China and exports them to Europe and America. Heilongjiang Longdi imported the key equipment from Germany. Price and Specification The company produces bright and semi-dull chips. the United States and Italy. Japan.000MTs/year. The price is RMB10. P. They disclose that the current output of PET products is not large. 300/MT. They disclose the company has more then ten factories. Sales 110 . that of polyester textile-grade staple fiber is 90..12 Heilongjiang Longdi Stock Co.
13 China Push Group International Co. They disclose that PET products are stored in Dongguang Guangdong Province..000 employees. At present. Push Group consists of three units: Push Group Push Plastic. China. and the total investment had exceeded RMB2. including over 500 technicians and professionals. while the industrial filament is profitable. Miu. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. Its products include plastic anti-fake bottle caps. Sichuan Province.0 billion by 2004. The company carries out production in line with their purchasing orders. American and Southeast Asian countries. Address: No. Chen Website: www. plastic packaging bags.000m2 production facilities and over 4. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr. and 3D images and laser anti-fake products for packaging and advertising.000MTs/year. The claim PET chip cannot bring much profit because of expensive raw material. etc. Mr. 340. (Push Group) was established in 1997. Push Group has RMB3 billion fixed assets. detergents and cosmetics. Tel: +86-831-3565889. Minjiang West Road. plastic pipes and fittings.pushi..com. Products of Push Group are exported to European. etc. Push Plastic Pet Preforms Department. Yinbin 644007. V-3. It is a wholly subsidiary company under Wuliangye Group. The initial investment for Push Group was RMB300 million. Ltd. Price and Species 111 .They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament. Ltd.cn 1) Company Background China Push Group International Co. Push Plastic & Polyester Department. while the production base is in Yinbin Sichuan Province. Push Plastic Building and Packing Materials Department. PET bottle preforms. Push Subsidiary Companies and Push joint ventures.150. P. Push Plastic includes Push Plastic Closure Department. molds..R. polyester chips.
Ltd. Jiangsu Wujiang Silk Group Co.000MTs/year Silk. The total asset of the group is RMB4 billion. 130.14 Jiangsu Wujiang Silk Co. mainly engaging in producing and marketing high-grade silk. Camellia. (JWSG) has five factories: Xinlian Silk Weaving Mill.. Chen Website: www.China. Ltd.silkgroup. Shengze Town. 120. computerized embroidery.. Ltd. and Suzhou Foreign Economic Development Corporation. etc. and Xinda Computerized Embroidery Plant.. Xinsheng Silk Weaving Mill. scientific technology and trade. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr.. The products can be used in engineering plastic as well if it is processed to improve the performance. V-3. 2) Situation of PET in 2005 Production 112 .. Ltd. Jiangsu Silk Group Co.R. P. Sales and Export They claim the company has its own import and export license. Wujiang 215228. JWSC integrates real estate.. They claim the PET products in the company are bottle grade PET. Ltd.000MTs/year Chemical filament. Longqiao. It was listed in 2004. special filature. Ltd. (JWSC) was set up by Jiangsu Wujiang Silk Group Co.. Jiangsu Province.They refuse to disclose the domestic price of PET products.com 1) Company Background Jiangsu Wujiang Silk Co. Xinhua Silk Weaving Mill. while the price FOB Guangzhou is USD1. Ltd.130/MT.. 80 million meters/year Computerized embroidery. China Silk Industry Corporation. Add: Shunxin Middle Road.. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. About Jiangsu Wujiang Silk Group Co. The total registered capital of JWSC is RMB313 million. China Garment Group Co. The product structure of JWSG is as follows: PET chip. Liaowu Silk Weaving Mill.
cation dyed of DTY.R. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. Xu. 5621130.. cation and other special chips. Zhejiang Province. Ltd. Miss Li Website: www. Zhejiang Cifu consists of two factories.com 1) Company Background Zhejiang Cifu Group Co. which produces 400.. Germany. Zhejiang Cifu sells its products both in China and abroad. covering 2 million m2.15 Zhejiang Cifu Group Co. Address: Binghai industrial strict. semi-dull. 113 .000MTs of different specifications of semi-dull.cifugroup. The company has passed ISO9001. China Tel: +86-575-5101220. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. Japan. All the key equipments of polyester. Specifications They claim the company offers bright. It specializes in the research. development and production of raw materials of chemical fibre.000MTs of melt direct spinning and 100. The output is 150MTs/day. Shaoxin 312073. The company has 6 production lines of small polyester. POY and FDY 400 thousand tons (including 300.000MTs of chip spinning). film and yarns are imported from the U. It is a comprehensive enterprise with USD500 million of total assets. The company produces cation and other special chips but not film-grade chip. P. seven corporations and one research institute center as its subcompanies. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr.They claim the company started to produce PET chips ten years ago. Zhejiang Cifu has more than 3. Ltd.. BOPET and medicine fields.S. France and Italy. because film-grade chip is unprofitable. V-3.600 staffs and over 10% have been educated in college.A.
It has five economic entities. covering. Ma Website: http://www.zgsc. Zhejiang Province. which can produce 200. It has 4.000m2 of construction area.cn/rx/ZONGHENG/twjs. The capacity of film-grade chip is 200.. fibre-grade. and so on.. including film-grade. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co. P. 2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET. cation. China.000m2 including 280. 114 . Ltd. V-3.htm 1) Company Background Zhejiang Zongheng Group Co. Zhengjiang Zongheng covers an area of 667. Doumen County 312071. Tel： +86-575-8038368. Price and Specification They claim the company produces many specifications of PET chips. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. 8039725 Fax：+86-575-8038161. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. Ltd. because its production is in accordance with purchasing contracts.6 billion... Address: Industrial Economical Development Zone. such as Europe and Southeast Asia. Meanwhile. 8038160 Person to Contact: Mr. Sales and Export The company has the import and export license.In 2003.000MTs of high-speed film grade BOPET material and 120. They claim their products are sold both in China and oversea countries.16 Zhejiang Zongheng Group Co.000MTs/year and the daily output is about 300MTs. It is predicted to be put into production in 2005.500 employees.. Its total assets reached RMB1. They disclose the company cannot offer semi-dull chip at present. Ltd. The price of film-grade chip is USD110/MT. Ltd.R.000MTs of BOPET.
160.The company has six batch polymerization production lines. 2) Situation of PET in 2005 They disclose the company produces PET chips in accordance with its plan and it is unable to supply PET products to others..000MTs/year. They refuse to reveal more information.000MTs/year Garment materials. The registered capital of the company is RMB250 million. 40. 100. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995. The product structure is as follows: PET chip. The company introduced major equipments for polyester and spinning from Switzerland.R. Ltd.087 billion. Liu 1) Company Background Hunan Jindi Chemical Fibre Co. and France. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 . The production capacity of polyester and filament of Hunan Jindi is 100.000m2 and has 590 employees. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.000MTs/year. The company passed ISO9001: 2000. P. with the total investment of RMB1.17 Hunan Jindi Chemical Fibre Co. etc... was established by Hunan Economic Construction Investment Company. V-3. Yuetang District. respectively.000MTs/year Differential fibre.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. Germany. Ltd. The company covers 334. 38. Shuyuan Road. Hunan Province. Address: No. 12 production lines of FDY and 4 production lines of POY. including 248 professional technicians. Europe and so on. Xiangtan 411101.
R.cn 1) Company Background Sinopec Shanghai Petrochemical Co. 5. Their filament products are exported to foreign countries. petrochemicals. covering an area of 9.000MTs/year. synthetic resins and plastics. Zhang Website: www. Ltd.48 Jinyi Road Jinshan 200540 Shanghai China P. Price They disclose the factory price is RMB10. 950. It specializes in highly integrated production and operations of petroleum products. synthetic fibers and plastics.000MTs/month. V-3.000MTs/year Synthetic fiber raw material and synthetic fiber. They claim the production capacity is 100. petrochemical processing. such as petroleum products. The company carries out production in accordance with purchasing contracts. manufacturing of plastics and synthetic fibers. SPC has 72 sets of main production plants including oil refining. 14 million MTs/year Ethylene. 200.000MTs/month.4 square kilometers. 950. The product structure of SPC is as follows: Crude oil. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. The company produces over 60 different types of products in 4 categories.1 million MTs/year Synthetic resin and plastics. By the end of 2004. 1. It produces semi-dull fibregrade PET chip. Sales They claim the company has the import and export license. Ltd.8 billion and 28. Address: No.500 staff members on the regular payroll.18 Sinopec Shanghai Petrochemical Co.38 million MTs/year 116 . intermediate petrochemicals.000MTs/year Petroleum and petrochemical products. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972. The company itself consumes 4. synthetic fiber raw materials and synthetic fibers.com. SPC has total assets of RMB 28. At present.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999.spc. and current output is 8.
Sichuan Polyester covers an area of 220. the production capacity is 8. Juxin Road. Zigong Investment Company and Sichuan Textiles Group Co.000MTs/year. technology of filament production line from Swiss Inventa and equipment from Barmag AG.19 Sichuan Polyester Co. -Price and Specification The specification of PET chip has bright and semi-dull chips. technology of polyester staple production line from Japanese TOYOBO. was set up by Sichuan Investment Group Co. 332 of them graduated from colleges and 56 employees have senior and medium professional titles.. Its total assets were RMB144.com 1) Company Background Sichuan Polyester Co.911 million. Current price of semi-dull chip is RMB10. It started to produce PET in 1982.. 2) Situation of PET in 2005 . Ltd. V-3. .000MTs/month. 20.. At present. Address: No.000m2. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr. 70. They disclose that the price of PET chip went up last week. Sichuan Province. Ltd. The production structure of Sichuan Polyester is as follows: PET chip. 100.. 117 .scjz.China. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company.000~11. in 1993. PET chips cannot bring much profit.800/MT.000MTs/year.It has 963 employees. As the price of petroleum goes up. At that time.000MTs/year Polyester filament. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. P. the price of raw materials rises accordingly. SPC was listed on the Shanghai Stock Exchange. Kong Website: www. Zigong 643010.88. Ltd. Da’an.In June 1993.000MTs/year Polyester staple. Ltd.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC.Sales They comment that current market of PET is unfavorable.R. the production capacity was 80.
heat and power plant. dyeing & printing. 1. Japan Morata & Teijin seiki. The company produces PET chips in accordance with the purchasing orders. totaling 800. Li Website: www. At present.000MTs/year. Ma’an Town. 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 280.000MTs/year DTY and 120 million meters colored fabrics for customer processing. polyester filament. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. Zhejiang Province.yuandonggroup. V-3. Only a small part is sold out.20 Zhejiang Yuandong Chemical Fiber Group Address: No. 80. They disclose the price changes frequently because the price of raw material goes up quickly. real estate. And 100.R. East Street. P.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment).com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. draw texturing. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200. polyester staple fiber.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. -Price The factory price is RMB10.China Tel: +86-575-4816306. 500/MT.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag.000MTs/year each from Germany Zimmer AG. Major products of Zhejiang Yuandong include: POY FDY 118 . Shaoxing.000MTs/year polyester chips.000 MTA polycondesation capacity (in which 420.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. Sales They disclose most PET chips are kept to produce polyester filament and staple. 300.
The company itself consumes some PET chip to produce polyester filament. 82797888 Fax: +86-571-82759919 Person to Contact: Mr. Zhejiang Hengyi specializes in the production of polyester. Address: Yaqian Town.21 Zhejiang Hengyi Group Co. Currently it only produces fibre-grade PET chip.000MTs/year Garment fabrics. It changes in accordance with the market situation.China Tel: +86-571-82799247.Price The price is about RMB10.com 1) Company Background Zhejiang Hengyi Group Co. filature and weaving as well as R & D and trade. It carries out production in accordance with purchasing orders. 1994. Ltd.000 staff members. The total asset of this group is close to RMB5 billion. 300. The product structure is as follows: PET chip.000MTs/year Met direct polyester filament. They disclose current output is about 600MTs/day. . 80. Zhejiang Province. Xiaoshan District. Zhejiang Hengyi covers an area of 530.000MTs/year Polyester staple fibre processing.. 300/MT at present.Production They disclose the company has produced for four or five years.DTY Staple fibre PET chip 2) Situation of PET in 2005 . Hangzhou 311209. (Zhejiang Hengyi) is a state-owned enterprise established in Oct. P.Sales and Export They claim the company has the import and export license. 35 million meters/year 119 . 520.000m² and employs more than 4. . Ltd.. Shi Website: www. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German.hengyi. V-3.R.
600/MT. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. 2) Situation of PET in 2005 . Huang Changzheng. . and the capacity of 75. Its workshops cover 80. Guangdong Province. 120 .000 area of land.Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10. . (Guangzhou Yamei) is a China. The company has the import and export license. P. The company passed ISO9002 in 1998.Zhejiang Hengyi exports its products to foreign countries. Ltd. and they claim the price is not high in the market. Address: Dongji Sub-zone.. Ltd. ] They claim the production technology and facilities are imported from DuPont Company. The fibre-grade PET chip in this company is semi-dull chip. thus it only sells a part of PET chip.China Tel: +86-13925187591.. Guangzhou 710730.R. US and Japan trilateral joint venture enterprise with investment of USD70 million.000MTs/year. +86-20-82215900 Person to Contact: Mr. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips.Production The company only produces fibre-grade PET chip. Guangzhou Economic & Technological Development Zone.22 Guangdong Guangzhou Yamei Polyester Co. The company also produces polyester filament and polyester staple fibre.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre. V-3.
23 Guangdong Fushan Chemical Fibre Complex Co.. Foshan Synthetic Fiber Plant and Spinning Thread Plant.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. V-3. The company has more than 400 experts and technicians.. Total production capability of the company is 150. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co.000MTS/year. Dong Website: www. Ltd. Foshan Polyester Filament Plant. Chancheng District. is a wholly owned subsidiary of Yizheng Chemical Fibre Company Limited in South China. 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 . P. The continuous polyester viscosity increment facilities of 20. Fuluo Road. senior engineering technicians account for 10% and medium engineering technicians account for 30%. Foshan. since the Property recombined in 1997. Ltd.000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998.000 tons/annum.cn ` 1) Company Background Foshan Chemical Fibre Complex Co. (Foshan Chemical). The company has four factories: Foshan Polyester Chip Plant. accounting for 1/6 of total staff.com. Guangdong Province.45. Ltd.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips. Address: No. Among them.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr.R. chips used for non-ordinary type fiber. Main products of this plant include: semi-dull and bright chips..fcf.
Wang 1) Company Background Hainan Xingye Polyester Co.000MTs/year and it is the midseason for filament at present. Address: No.000MTs/year. Hainan.R. Sales and Export They disclose most PET chips produced by the company are used to produce filament... Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Ltd. Raw Material They disclose raw materials are expensive at present.. about 400. They also disclose that this company is a state-owned company and it is in the process of restructuring. (Hainan Xingye) was set up by Hainan Textile Industry Company. V-3. Ltd. Price Current price of PET chips is claimed to be about RMB11. The daily output of PET chips is 230~240MTs.24 Hainan Xingye Polyester Co. also produces PET chips. the output of Guangdong Kaiping Polyester Enterprises Group Co. 000/MT. P. Ltd. Xinye Road. and the company also produces polyester filament. The production capacity of filament is 35. and all materials for PET are exported from foreign countries. Hainan International (Oversea) Investment Co. BOC Haikou Trust and 122 .000MTs/year..19. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008.000MTs/year. and only a small part is sold to others. With respect to PET filament.They claim that the production capacity of PET chips in this company is about 70. thus the both production lines of PET are carrying out full-scale production. Ltd.. The company has two production lines of PET. is very large.China. Ltd. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. which is a downstream product of PET chips. Gang'ao Industrial District. Haikou. Its production capacity is about 180.
Because raw materials are expensive... In 1995. while the price of polyester products is comparatively relatively low in the market. The production capacity is 60. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co. the company’s operation is in the process of loss.Production They claim the company has been produced PET chips for about ten years. Hainan completed its first phase of PET project was completed. the capacity of PET filament reached 60. Ltd. In 2002.China. Main products of this company include: Polyester chip. 2) Situation of PET in 2005 . P. 000m2.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. the capacity of PET Polyester reached 60.000MTs/year.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. accounting for 35%. It covers an area of 117. At present. Ltd.Investment Company. The total investment is about RMB 350 million.. V-3. At present. They disclose the company will not sell PET chip in the future.000MTs/year. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. Address: Shaoxin Road.000MTs/year. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr. Chemical products. .25 Sichuan Guangkang Chemical Fibre Co. Sichuan.R. The capacity is 160.(Sichuan Guangkang) is a joint venture. The capacity of PET downstream product filament is 60. In 1992.000MTs/year. Ltd. 123 . Chemical fibre. Spin materials. China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. Guanghan.
8603975 Fax: +86-754-8251298 Person to Contact: Mr.Cai Website: www.78 and above 0. Address: North side of Xigang Bridge. Daxue Road.000MTs/year.000MTs/year non-fibre-grade PET chip.R.26 Guangdong Shantou SOE First Polyester Films Co. However.000MTs/year.cn 1) Company Background 124 . Huange Road. its production capacity is 40.000MTs.85. Mr. of the 60. In addition the company is exclusive producer for PET in southwest District and northwest District.000MTs/year PET project in 1995. V-3.R. Sales and Export Most PET chips produced by this company are consumed by the company itself. The company has passed ISO9002 and got American FDA certification. and started the first phase. it supplies PET products to long-term clients as well. Guangdong Province.China (PET films factory) No. Ltd.China (PET resins factory) Tel: +86-754-8231485. P. The price of bottle-grade chips is RMB11. 000. 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. Shantou515041.37. Xu. Here the products occupy 95% of polyester chip in marketplace. Shantou 515041.soe-film. At present. P. The Production capacity is 40.The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0. but they disclose this price is negotiable. 30.. and monthly output is more than 3. Guangdong Province.com.
Shantou SOE First Polyester Films 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. Film products of this company include: audio base grade PET films packaging grade PET films hot . Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. Ltd.036mm) and width range is 330mm-1500mm. Major PET chips include film grade and bottle grade bright chips.PET and co-PET chips. SOE consists of Shantou SOE First Polyester Films Co. Shantou SOE has equipped two sets of independent additives preparation systems. 2) Situation of PET in 2005 Production The company is a joint venture. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA.. film grade PET chips are include audio base film. Ltd. etc. Quanzhou Quangang SOE First Polyphenyl Co. (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc. Ltd. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE). homo.008-0. etc.. It produces PET and BOPET.. Ltd.. 125 .... Shantou SOE First Polyphenyl Co. (Shantou SOE) is a joint venture company. video base film and packaging PET films. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company.
film chip with additive and bright film chip (without additive). and it increased to 15.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. 000~RMB30. Their products are sold in China and aboard such as Europe and America. which are produced by the company itself. With respect to PET chips. Urumchi 830019. V-3. They disclose that at present his company has no PET stock for packaging industry. But because production capacity is little. The price for film chip with additive is RMB10.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. They disclose that the market of PET chips was not very good last year. Price & Packaging They claim the company has many species of PET film products. film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. Sales and Export The company has imported and export license.upc-chem. The prices are effective for about one month.000MTs/year currently.000MTs/year and the output last year is claimed to be 3. and they can produce different species according to clients’ requirements. the consumers mainly distribute in local area. P. canned bottle.com 1) Company Background 126 . later than PET film production. the production capacity is 3.000MTs/year. They disclose their clients purchase PET products to produce drink bottle. table-water bottle and so on. They comment that the prices are slightly high.They claim the company has been producing PET film for more than ten years. They claim the production technology and facility of BOPET was imported from German Bruckner. R. 000. The company adopts glycol and PTA as the raw materials. At that time the designed capacity was 12. PET chip includes film grade and bottle grade. and film grade chip has two species. At present. 500/MT and RMB11.000MTs. Species. 500/MT. they claim the company started to commence the production in 1990. Xinjiang.
It has already established serial development and production organization of relative products such as amino. Current output is 700~800MTs/month. But usually they don’t export PET chips V-3.000MTs/month at most. engineering and transportation. Zhejiang Province. UPC consists of Chemical Factory. Power Plant as well as some specialized service organizations such as equipment installation.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. material supply. 1. P. Southeast Asia and Middle East. Products of UPC are sold in China and exported to many countries and regions such as Russia. long-efficient urea. 200/MT. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years. Plastics Plant. Zheng Website: www. The Chemical Factory of UPC has passed the ISO9001: 2000. resin powder.R. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr. burning-proof bubbling foam materials and liquid ammonia.China.zbcfc. Cixi 315334.Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998.. They estimate the price will go up next month. Current price is RMB10. Ltd Address: Hangzhou Bay New Zone. carbon dioxide.28 Zhejiang Zhenbang Fibre Co. Sales and Export They claim UPC has import and export license.com 1) Company Background 127 . Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade.000MTs/year. amino-plastics.
Its annual capacity is 200. Ltd and Ningbo Anbang Fibre Co.. and holds the stocks of Ningbo Donghong Fibre Co. (Zhejiang Zhenbang) was founded in 1990.000MTs/year.300 employees and covers an area of 635. The company also produces filament with PET melt.. Luoyang Nanfeng specializes in the research and production of different polyester chips. The production will not be resumed until Sep 15. They claim the company is an integrated enterprise and have been producing PET chip for two years. 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. Ltd. Ltd. Address: Lichun West Road.. and also provides consultation and service of polyester producing system. The company was established in May 1997.com 1) Company Background Henan Luoyang Nanfeng Polyester Co.000MTs/year. The production capacity is 20. Luoyang 471003. Henan Province. Ltd.29 Henan Luoyang Nanfeng Polyester Co. P.1 polyester fiber factory and No. Ltd.R.000 square meters. (Luoyang Nanfeng) is held by China Airbome Missile Academy.000MTs/month after maintenance. It has 1. The company’s differential PET chips include: 128 .Zhejiang Zhenbang Fibre Co. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. Its total assets have reached RMB1 billion. Zhejiang Zhenbang owns No. All PET chips produced by this company are for sale. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. The production capacity of PET chips is 1..2 polyester fiber factory. V-3.China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr. Ling Website: www.lypet.
Fire-retardant poly ethylene terephthalate chips Cation deep dyeable pet chips Alkali solubility pet chips Pet chips of low melting point for color batch Pet chips of low melting point for heat-bondable fibers Alcohol-modified pet chips Other functional pet chips 2) Situation of PET in 2005 Production They claim the company has been producing PET for six or seven years. The production capacity is 1. 129 .600/MT. Price They disclose that the factory price is RMB10. The company carries out production according to purchasing contracts. They are willing to offer bottle and film grade chips for long term. but the quantity is small. The company also produces bottle and film grade chips.000MTs/month. They disclose that the company mainly produces special PET chips. 500~10.
SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company.R.V-4 Potential New PET Manufacturers V-4. information and electronic materials such as thermal ribbon for video printers..1 Anhui TSF Electric Materials Co. According to the contract. the registered capital of Anhui TSF will be USD12 million. latest type electronic elements and energy-saving power equipment. metallized film and film capacitors. Ltd. Ltd. Anhui Province. products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. SKC mainly produces polyester film. SKC is the fourth largest polyester film producer in the world and the largest in Korea. and Anhui Tongfeng Electrics Co. Ltd. solar control window film for automobiles and buildings. 2004. Ltd. Anhui Tongfeng mainly produces a complete series of capacitor film. The company will be put into production in 2006. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co. Address: Tongling. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. (Anhui TSF) in Tongling.. Anhui TSF will produce polyester film for capacitor. 130 .China 1) Company Background SKC Co. Anhui Province on Nov. About SKC SKC was established in 1976. It is a sub-company of SK Group in Korea. and dicing tapes for protecting and holding semiconductor wafers. which can be used in almost all white goods... P. and also produce imaging.
131 .V-5 Closed PET Manufacturing Sites Not available.
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