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- A Preliminary Study
Researched & Prepared by:
Guangzhou CCM Chemicals Co., Ltd. Guangzhou, P. R. China
Copyright by Guangzhou CCM Chemicals Co., Ltd. (P. R. China) Any publication, distribution or copying of the content in this report is prohibited. Website: www.cnchemicals.com Tel: +86-20-3876 8926 Fax: +86-20-3876 8956
Content Executive Summary Global Overview of PET PET Market in China Introduction and Methodology Technology Development Historic PET Technology Trends Introduction to DMT Technology Introduction of PTA Technology Current PET Technology Assessment Innovations in PET technology Product Types of PET Comparison of Chinese and Foreign Technologies Market Trends and Forecast Foreign Involvement in Chinese Production Key Factors influencing PET Production PET Production Difficulties Competitiveness of Chinese Production and Supply Raw Material Supply Situation PX PTA EG Historic PET Market Development Historic Import and Export Analysis of PET Role of the Government in the PET Industry Driving Forces in the PET Industry Historic and Current Market Size Quantitive Forecasts of PET Market to 2010 to 2015 Consumption Patterns of PET Analysis of PET Applications Key Factors Influencing the Mass Consumption of PET Consumption in Fiber Consumption in Thin Film Consumption in Package Resin Consumption in Other Fields Summary of Major End Users Demand for PET and Future Growth Areas Price Trends Historic Pricing of PET Factors Resulting in Price Changes Company Information Chinese Traders Importing and Exporting PET Foreign Companies in China Dragon Special Resin (Xiamen) Co., Ltd. Shanghai Lianji Synthetic Fibre Co., Ltd. Jiangsu Changzhou Worldbest Radici Co., Ltd. Jiangsu Changzhou Andenie Polyester Co., Ltd. Far Eastern Industrial (Shanghai) Co., Ltd. 3 3 5 6 7 7 7 7 9 12 16 17 19 19 20 25 27 29 29 31 34 37 38 51 53 55 56 61 61 62 68 69 70 71 72 74 76 76 78 80 80 91 91 92 93 94 95
Part I I-1 I-1.1 I-1.2 I-2 I-3 I-4 I-5 Part II II-1 II-2 II-3 II-4 II-5 II-5.1 II-5.2 II-5.3 II-6 II-7 II-8 II-9 II-10 II-11 Part III III-1 III-2 III-3 III-4 III-5 III-6 III-7 III-8 Part IV IV-1 IV-2 Part V V-1 V-2 V-2.1 V-2.2 V-2.3 V-2.4 V-2.5
V-2.6 V-3 V-3.1 V-3.2 V-3.3 V-3.4 V-3.5 V-3.6 V-3.7 V-3.8 V-3.9 V-3.10 V-3.11 V-3.12 V-3.13 V-3.14 V-3.15 V-3.16 V-3.17 V-3.18 V-3.19 V-3.20 V-3.21 V-3.22 V-3.23 V-3.24 V-3.25 V-3.26 V-3.27 V-3.28 V-3.29 V-4 V-4.1 V-5
Hunomik (Shanghai) International Trade Co., Ltd. Profiles of Current Domestic Producers Sinopec Yizheng Chemical Fibre Co., Ltd. Jiangsu Xinye Plastic Chemical Co., Ltd. Liaoning Liaoyang Petrochemical Co. Ltd. Guangdong Kaiping Polyester Enterprises Group Co., Ltd. Guangdong Zhuhai Yuhua Polyester Co., Ltd. Zhejiang Chemical Fibre Joint Co., Ltd Shandong Jinan Zhenghao Advanced Fiber Co., Ltd. Sinopec Corp. Tianjin Branch Sinopec Luoyang Petrochemical Complex Zhejiang Tongkun Group Xinjiang Tunhe Polyester Co., Ltd. Heilongjiang Longdi Stock Co., Ltd. China Pushi Group Co., Ltd. Jiangsu Wujiang Silk Group Co., Ltd. Zhejiang Cifu Group Co., Ltd. Zhejiang Zongheng Group Co., Ltd. Hunan Jindi Chemical Fibre Co., Ltd. Sinopec Shanghai Petrochemical Co. Ltd. Sichuan Polyester Co., Ltd. Zhejiang Yuandong Chemical Fiber Group Zhejiang Hengyi Group Co., Ltd. Guangzhou Yamei Polyester Co., Ltd. Guangdong Foshan Chemical Fibre Complex Co., Ltd. Hainan Xinye Polyester Co., Ltd. Guangdong Shantou Soe First Polyester Films Co., Ltd. Sichuan Guangkang Chemical Fibre Co., Ltd. Xinjiang Urumqi Petrochemical Complex Chemical Factory Zhejiang Zhenbang Fibre Co., Ltd. Henan Luoyang Nanfeng Polyester Co., Ltd. Potential New PET Manufacturers Anhui TSF Electric Materials Co., Ltd. Closed PET Manufacturing Sites
96 97 97 98 99 100 101 102 103 104 105 107 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 126 127 128 130 130 131
the price of PET decreased USD209/MT. The excessive increment of PET production capacity in Asia has made PET industry in Asia and Europe hopeless to improve the profit ability. Due to the strongly resuming demand. the import volume of PET in 2004 decreased 44% to 150. Middle East and Africa will still account for about 30%. Because of the high operation rate and large price increment of the raw materials. For instance. Some PET producers have announced to invest new PET facilities. and the price ever rose to USD1. the price of PET in North America goes up. it is estimated that the import of PET in the United States will keep stable this year. It is estimated that the demand of PET in Asia will account for 29% of the global demand. and PET producers have increased the PET price RMB88/MT since Aug. Indonesia and Thailand by .Executive Summary 1. together with the antidumping tax imposed on the PET imported from India. there will be a 1. the price increment of PET in the United States was as much as USD594/MT. The growth rate of PET demand in Asia especially China is the fastest in the world. As the application technology gets mature increasingly. However. In 2004.000MTs compared to 2003. Global Overview of PET . that in North America will slide down from 50% in 1990 to 41%. 2005.About the Overall Market Situation of PET In 2004 the supply of PET in the United States was very tense. 2004. the excessive production capacity of will probably result in the operation rate of PET industry to be maintained at 75%-80%. 3 .25 million MTs/year increment of PET production capacity in 2005 and 500. Eastman Chemical and Wellman all plan to enlarge their PET production capacity. Recently the price of raw materials rose again. decreasing import as well as few newly-built facilities. As the demand off-season comes and the price of raw materials slides down this year. PET manufacturers still can obtain profit because the cost of raw materials dropped. Although the growth rate of demand is higher than that in Europe and North America.000MTs/year in 2006. According to statistics. the import of low-price PET will strike the United States in 2007. However. because on that occasion the price of the raw materials EG and PTA is predicted to drop greatly. which made the operation rate of PET facilities in North America rise from about 80% in 2003 to over 90% in 2004. DAKAmericas. 760/MT in Dec. Although the International Trade Commission of the United States decides to nullify the import tax on PET. that in Europe. Asia becomes the key region of PET demand.
The proportion of fibre-grade PET will drop in future years. black tea. At present. PET is mainly applied in fibre.4% in Chinese bottle marketplace.In 2004.7 million MTs. more than half of global PET was used to produce chemical fibre. which is the main reason resulting in the low operation rate and low profit ability of West Europe PET producers. If new PET facilities are put into production on schedule.4 million MTs/year. which will reach 4. and the global consumption of PET bottles arrived at 6. 54. In 2002 the PET output volume in the world was 26. 4 . Because the capability of PET resin is steady. At present. about 14% of global PET output was used to produce film. It is predicted that the global PET volume used to produce plastic beer bottle will exceed 1 million MTs in 2005. and North America will become the largest market in the world with the consumption volume over 250. The operation rate will be as low as 60%. At the present the PET has been applied in drink. and this proportion will be up to 17% in 2005. In 2002. bottle and film fields. oolong. PET producers in West Europe restrict the import of PET through antidumping. Since PET entered the market.6% of total consumption.8 million MTs in 2003.4 million MTs/year. but the large quantity of PET export has made producers in West Europe lost its traditional former Soviet Union and Middle Europe market. It is predicted that such situation will turn better until the price of raw materials falls down. mineral water and other packing fields.000MTs. In future years. especially the price of materials is low. In 2004. It is estimated that fibre-grade PET will only account for about 30% of global PET output in 2015. film-grade PET will take a larger part of PET production in the world. the consumption volume of bottle-grade PET in the world was 5. In past years. and in 2004 this volume increased to 31.5 million MTs. The market volume of PET bottle has occupied 70% in world bottle marketplace and 57. the product is used for many fields for its excellent properties such as light weight. In 1995. About PET Product During 1994 to 1999 the production volume of fibre PET in the world had increased at an appropriate speed. and the application in other fields only accounts for 1. easy to re-airproof.8% of global PET was used to produce chemical fibre. Asia-Pacific will follow North America. with the consumption volume of 235. it doesn’t react with other drink and produce ill odor. the press on the profit ability in European PET industry will continue to exist.6 million MTs in 2004. transparency. the overplus of PET production capacity in Asia was about 2.000MTs. especially in Asian countries the growth of PET polyester and its raw materials was remarkable. But during 1999 to 2003 the production volume of fibre PET in developed countries had began to drop by a small rate gradually. In developing countries.
about 84% of PET products was used to produce polyester filament and staple fibre (also called terylene).5%. China is a large PET consumer. about 10% was consumed in packaging field and 5% was used to produce film in 2004. accounting for 49% of global output (exceeding 7 million MTs). it created conditions for Chinese polyester products moving to international market. Chinese PET production capacity accounts for over one third of global PET production capacity. In China. The high-speed development of Chinese polyester industry provided sufficient lowprice raw materials for Chinese textile industry. which will drive the consumption volume of PET. Meanwhile. accounting 42% of the global output. With respect to the output of chemical fibre. the average annual growth rate was much higher than that in the world. From 2005. 5 .2. and polyester staple fibre increased 22%. far higher than other countries. PET Market in China During 2000 to 2004. Although the rate of operation of PET in China was not enough. and lays the foundation for the continuous development of textile industry. Chinese polyester filament output increased 24%. China’s market share of textile products in the world will expand from 17% in 2002 to 45% in 2005. the output in China grew rapidly in 2004. The consumption volume of PET products in China increases at the rate of 8. and its proportion in global chemical fibre output increased from 36% to 40%.
10RMB 6 . in order to uncover the situation of each producer from aspects of capacity. introducing the major producers in China based on the extensive telephone interviews. The appendix-Manufacturers in China. even if they already stopped. This report is presented in five parts: The main body-Technology Development. either those who are active in production or those who are idled now. The aim of this report is to provide basic understanding to the Chinese manufacturers. In most instances. journals. All the Chinese manufacturers have been located. Consumption Patterns of PET and Price Trends. The information in this report is dated to Sep. consumption. extensive telephone interviews have been conducted. etc. Rate: 1USD=8.Introduction and Methodology Various sources for this report include: Published articles from Chinese periodicals. market view. In order to obtain the details situation of Chinese manufacturers. production level. Market Trends and Forecast. consumption. we verified the authenticity of the information to the best of our ability and crosschecked against information from active industry participants. The detailed findings of each manufacturer has been edited and summarized for reference. technology. production. raw materials. etc. 2005. plan. discussing and summarizing the production situation in China form aspects of present production situation. Government Statistics & Customs Statistics Telephone interview with Chinese manufacturers Comments from industrial experts Information from Internet Other public media. Some industrial experts have also been consulted in order to learn their viewpoint on the production and market in China. export. magazines. etc. etc.
DMT technology and PTA technology.Part I Technology Development I-1 Historic PET Technology Trends In 1984.2 PTA Technology PTA technology adopts PTA and EG as raw materials.1 DMT Technology DMT technology adopts the principle that DMT and EG take ester exchange reaction.000MTs/year PET chips production line into production. PET product for distribution is produced. After polycondensation reaction between PTA and EG. few PET producers take this technology in China. Ltd. At present. Now in China. and cutting PET into chips or granules in water. The production flowchart of PET is as follows: PTA Esterification.. I-1. put its 60. most of the PET manufacturers adopt two production technologies to produce PET polyester. The following is the brief introduction of the two technologies. I-1. then PET can be obtained through polycondensation reaction. Heating Esterified molecules Polyreaction EG Polyester Chips Cooling Polyester Polyester Filaments Industrial Fibre Engineering Plastic 7 . Sinopec Yizheng Fibre Chemical Co.
the reaction pressure should be higher than atmospheric pressure. The reaction balance should be broken to let this reaction move to the right direction.2:1. Time for polycondensation reaction is two hours at least. Thus the polymerization degree and reaction speed can be improved.1~1. • • 8 . The mol ratio between EG and PTA is within 1.The reaction contains two steps: The first step is to make PTA and EG take esterification and generate BHET. for this temperature should be higher than melting temperature of polymer (260-265℃) and lower than the decomposing temperature of polymer (300℃). The optimum reaction temperature is within 275~290 ℃. The second step is to make BHET take polycondensation reaction in the condition of activator to generate PET. The key points in the second step include: • • • • In order to shorten the reaction time. And the reaction temperature should be higher than the boiling point of EG for the same reason. during the esterification phase. and be various in terms of various reactors.
I-2 Current PET Technology Assessment I-2.1 Reactor Tower Chinese manufacturers have imported ESPRF reactor towers and installed them. This reactor can cut down the production cost by 26%, and improve the sales revenue by 22%. The most important point is the quantity of PET polyester is improved greatly. This reactor was invented by EMS Inventa-Fisher Company. I-2.2 Catalyzer At present, about 90% of PET manufacturers in the world still adopt stibium as the catalyzer. Even though stibium has good catalyzing effect, people are more concerned about the toxicity than before. Top PET manufacturers in the world, such as DuPont, Acordis, and Synetix are making effort to develop environmental protection catalyzers. I-2.3 Advantage of PTA Compared to DMT Compared to DMT, raw material PTA has following advantages in PET production Smaller raw material and energy consumption; Smaller EG recycling system; No byproduct of methyl alcohol; Smaller investment; Smaller production flow; Stable production control;
Now in China, most PET manufactures adopt PTA production technology. I-2.4 Pre-moulding Pre-moulding processing is the early step of bottle making. Now some manufacturers plan to do pre-moulding directly with melting PET material. This technology can cut down the production cost greatly. The current difficulty is how to prevent PET from destroying in polymerization process. I-2.5 PET Moulding Technology PET moulding technologies include moulding, blowing, coating, adhibiting, electroplating, printing, etc. The moulding processing of PET can be carried out through the operations of plastic injection, extrusion, plastic blowing, coating, adhibiting, processing, plating, metallizing, printing and so on.
The one-step and two-step processes are basically similar. while the production of bottle blanks and plastic-injection. If the material of bottle top and bottle body is PET resin. stretching and blowing in the twostep process are completed by two separate machines. The molding of bottle top of hot filling PET bottle by twostep process referred here is completed by separate machines. the equipment of this process is simple.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. then to another position. stretching and blowing molding machine. both one-step and two-step can be adopted to mold the bottle top first. if PC is taken as the material of bottle top. the molding process of one-step technology is unlike the process of two-step technology.I-2. stretched and blown plastic after being deposited for more than 24 hours. There are special requirements on the bottle top. I-2. being stretched and plastic blown. In general. The difference is that one-step process is completed by one plastic-injection. Two-step technology is that pipe blanks are heated. Here the definition of two-step process is different from that of cold filling PET bottle.6 Filling Technology for PET Bottles PET bottles filling technology includes cold filling and heat filling. the investment needed is not large and it is easy to operate and maintain it.6.6. The automatization level of this process is low while the energy consumption is high. Chinese drink producers mainly adopt one-step and two-step processes to produce cold filling PET bottle. Because of the special requirements of hot filling PET bottle. The two-step production process of hot filling PET bottle is: 10 . while the energy consumption is low. only two-step process can be adopted. Pipe blanks molded in the plastic injection position by this method will be directly transferred to next position.1 Introduction of Cold Filling PET Bottle Molding Technology At present. 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 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. The automatization level of this process is high. However. I-2. One-step process is also called thermal forming.
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.
At present. They are thermal forming bottle.4 Multi-layers Technology 12 . milk and fruit juice industries.5L and 2L beer bottles. which will be a profit spotlight. preventing aromatic flavor from emanating out.I-3 Innovations in PET technology China has achieved a few of technologic innovations in recent years. I-3. highly obstructive performance is attached more and more attention. more and more large PET manufacturers have invested much to carry out PET obstructive research in terms of the raw materials. it has strict requirement on the resistant packaging material to meet the requirement of fresh keeping and validity. equipments. PEN has a high heat enduring performance. liquid and other infiltrations. for the huge future market potential. I-3. They adopt co-injection and blowing pulling technology. such as preventing oxygen from oxygenating the food. highly obstructive PET is mainly used in food and beverage packaging industry. 95% of beer in China is produced with pasteurization method. After thermal forming. preventing water or vapor from damping the products. Shanghai Zijiang Group and Zhuhai Zhongfu Group have invested large quantity of capital in researching and developing new technology. Therefore. I-3.2 Heat Endurance Improvement Ordinary PET bottles cannot be used as containers of juice. They have experimentally produced 350ml and 500ml PET bottles.3 Gas-Resistance Performance Beer is different from ordinary carbonic acid drinks. Thermal forming bottle is fit for 85℃ filling requirement. PET/PEN alloy bottle and multilayer complex bottle produced with heat endurable polyarylate. and the packaging requires enduring 6267℃. the bottles can endure over 90℃. and are developing 1. three categories of heat endurable polyester bottles have been developed. At present. tea and other drinks needing hot filling packaging. I-3. preventing CO2 from emanating out. These requirements become key problems in the development of plastic beer bottle. as the major function of PET packaging material.1 Performance Improved PET Highly obstructive performance generally means the highly obstructive function of packaging materials to gas. In order to replace the glass bottles and metal cans packaging in beer. Meanwhile. they are constructing new factories and plan to carry out large-scale production. At present. which makes the fresh-keeping period of beer in PET bottles reach 100 days. It can be produced into over 80℃ hot filling bottles. Therefore. processing and PET performance improvement. while the lost of CO2 in the beer will have impact on the bubble effect. Even minimum oxygen in the packaging container will make the taste of beer changed.
Thus these beverage products need well-sealed packaging. As transparent polyester. Wallace commented that the price for multilayer ET bottles is still higher for the beverage manufacturers. showed their interest in how to cut down the production cost of multilayer PET bottles at the polyester conference in Zurich. and can absorbing the oxygen around the bottle’s inner wall and the bottle’s cap. the two beverage giants in the world. and is estimated as another method to improve the sealed performance of polyester. EVOH is an efficient material with high gas-resistance performance. the purchasing managers respectively from Coca Cola and PEPSI. or carry out plasm disposal (ACTIS technology). multilayer PET bottles packaging is very possible to be the leading technology in beverage packaging industry for its good seal character. So lower bottle cost can increase the profit in Coca Cola (China) and Coca Cola (India). Mr. and wellsealed character is the key performance for the small volume bottles for the higher volume/surface area ratio. Switzerland. which was headquartered in Britain. Now many companies are developing oxygen-absorbing agents mainly for the production and packaging of polyester bottles. used as oxygen absorbing agent in packaging industry. Even though the high price and the challengeable recycling job. The other question about multilayer bottles is the recycling question. Coca Cola’s Chinese and Indian market need lower price-packaging bottles because the sales prices in the two markets are lower than other market in the world.5 Coating Technology Coating technology is to coat epoxide layer inside and outside the PET bottle. And later BP purchased Amoco Corporation. Amosorb is a positive interlayer. Mr. which means that the low-cost well-sealed packaging bottles will have a huge market potential. Said Farha. Amosorb is used in the more profitable multilayer bottles. EVOH can improve the resistance performance of PET bottles over ten times. So it’s generally after two or three months the beverage was produced that the Chinese consumers can buy it. but some oxygen-absorbing agents will de-function after the drink have injected into the bottles for some time. In 1998 Amoco Corporation put Amosorb into commercial production. having permanent oxygen-absorbing function. Farha commented that the using amount of un-returnable drink bottles will increase. In China about 70% of products from Coca Cola are distributed by distributors. Most bottle pieces recycling merchants can’t economically separate each kind of raw materials that multilayer bottles use.Three-layer or five-layer bottles can be produced. taking PET as raw material and mixing into other materials with excellent gas-tightness property such as PVDC. Barnaby Wallace and Mr. commented by Farha and Wallace. BP Corporation. The demand of EVOH increased 13 . developed Amosorb DFC that is a kind of polyester. EVOH and MXD6 and PEN. I-3. At first.
7 Nanometer. Eval (Europe) expanded the production capacity of factory in Antwerpen to 24. difficult to be recycled. It is reported that the resistance property of NPET is stronger than ordinary PET. resistance property of which is 14 . Although its gas-resistance property is improved. there are naphthalene nucleuses instead of benzene rings. Chinese Academy of Sciences (CAS) took advantage of PET polymerize intercalated composite technology. which reduces the cost. Chinese beer industry generally adopts pasteurization method after filling.6 Other Resistant Resin Molding Taking PEN or copolymer and mixture of PEN and PET as raw material. it can be disinfected with alkali and recycled. The above two methods have disadvantages of low transparency. So PEN have good performances of gas obstructive. 2004. complex technology and special requirements on equipment. Miami and other five cities. Nippon Gohsei constructed a 15. They have produced semi-transparent beer bottle sample. In the United States and Western Europe. I-3. heat resistable (Tg＝112～ 123℃). chemicals resistable. the gas-resistance property and heat endurance of bottles have been improved.000MTs). Beer packaged in NPET bottle tastes the same as fresh beer after 4-5 months of deposit. whose sales number of the bottles added up to 300 million.PET Bottles In Oct. I-3. and the market size of EVOH and MXD6 was about four hundred million pounds (180.rapidly along with the rapid demand of PET bottles. In the United States the total market value of PET for bottles was about 4 billion pounds (1. beer manufacturers packed their products with PET/PEN blend bottles and sold them to Los Angeles. which meet the requirement of three to six months of retention period of beer.000MTs/year EVOH manufactory in Saltend. On the molecular side chain of PEN.000MTs/year. and nine of the top 20 PET bottles manufacturers had used EVOH or MXD6 into their products. Meanwhile.81 million MTs). and the relevant PET/PEN blends extruders and bottleblowing machines have been already put into market. 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. Since 2002 the demand of EVOH in Europe has increased with 15% rate. lower gas absorption. Hull. UV obstructive (UV of wavelength under 383nm can be obstructed). 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. England. put together organic-montmorillonite and PET monomer into polymerization kettle and produce nanometer PET (NPET) beer bottle. The difference between PEN & PET is only on the molecular side chain. The Chemistry Institute of CAS cooperated with Yanshan Petrochemical Company to research PET/MT nanometer composite material (montmorillonite) and its applications.
the transportation weight of each Glaskin TM bottle reduces 320g. Sealica TM technology adopts repeating injection technology. for beer and juice market.. The thin monox layer can be recycled by current PET recycling equipment. Compared with ordinary PET bottle. I-3. it will not be damaged in the process of transportation and deposit. Therefore. This new technology can produce 0.8 Diamond film PET Beer Bottle Leidi Technology Group invested about RMB200 million to produce diamond film PET beer bottle in Shenzhen. which offers excellent gas-resistance and fragrance-keeping property to products. Ltd. all performances of which reached or exceeded that of domestic and overseas PET engineer plastic products after tested by national relevant departments. while the production cost is lower than that of glass bottle. Glaskin TM is a patent technology of Tetra Pak. and its coating rate is as high as 6. the heat endurance property has been improved.000-18. Glaskin TM technology aims at highresistance packaging applied in beer. I-3. Glaskin TM and Sealica TM.9 Glaskin TM from Tetra Pak China In Apr. It achieves the same effect as glass bottle does. With stable and reliable performances. injecting a layer of high-resistant polymer on the PET bottle top blank. A Glaskin TM bottle including label and faucet only weighs 34g. the fresh-keeping period is prolonged over 6 months. put out its newly developed two technologies. Because the layer is coated in internal surface of the bottle. 15 . thus less pollutant is produced during transportation.2-2L consistent high resistance PET bottles.000 bottles an hour. Its process adopts coating the internal of PET bottle a monox layer. Meanwhile. every product packaged in the bottle can achieve the longest storage life. The Chemistry Institute of CAS developed intensified flame-retarding nanometer PET.said 3-4 times higher than PET bottle. 2005. Glaskin TM coating has excellent oxygen and carbon dioxide-resistance property. The future of NPET is favorable. Through improving PET’s heat endurance and gas-resistance properties. Tetra Pak China Co. this kind of products has already met the technologic condition of large-scale production.
I-4 Product Types of PET PET chips are the earliest developed. Film-grade PET chip is used to produce film. chip for edible oil bottle and chip for hot filling drink bottle. magnetic-film. Generally. Its specifications include semi-dull chip. include capacitance film. chip for water bottle. 16 . widely used polyester with the biggest production volume. Its specifications mainly include chip for carbonated drink bottle. bottlegrade chip and film-grade PET chip. Bottle-grade PET chip is used to produce bottles. super bright chip and cation chip. Fibre-grade PET chip is used to produce polyester filament and staple fibre. bright chip. PET chip can be divided into three types: fibre-grade PET chip. insulated film and so on.
the technology applied by Chinese PET producers was introduced from foreign countries. Italy. there is a gap between Chinese technology and foreign advanced technology at present.5 hours for foreign producers. Chinese PET producers started to research PET production technology and achieved innovations since 1990s. Some companies aboard have already started to develop the catalyst system using lanthanon. Process The conditions of polycondensation process in China and abroad are basically similar to each other. while there is a big difference on the conditions of esterification process in China and abroad. neither in foreign countries. In general. there are many breakthroughs in foreign countries that solve technologic difficulties of PET such as heat endurance problem and gas-resistance problems. the usage volume of stibiumcategory catalysts accounts for 90%. Japan. France. there are few such breakthroughs in China. German. Chinese producers usually adopt comparatively low temperature and pressure. the level of the most advanced PET production technology in China is equal to the level of foreign countries at the end of 1990s. Britain and the United States are the main technology sources. it’s about 10 hours for Chinese producers while 3. and the step of technologic innovation falls behind at the same time. Product Quality 17 . aluminum. Catalyst Amongst most catalysts used by PET production facilities. The comparison of Chinese and foreign technologies is narrated from following aspects. Technologic Innovation Ability Chinese PET production technology is laggard behind some advanced countries. silicon. However. zirconium and natrium and their mixture. 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. French Rhone---Poulenc Company and Japanese Teijin Limited are the major PET producers adopting DMT facilities abroad. Currently. Facility Almost all major PET producers in China adopt PTA facility to produce PET. This is similar to overseas PET producers. At present.I-5 Comparison of Chinese and Foreign Technologies Before 1990s. With respect to the total reaction time. There are few DMT facilities in China.
including weak intensity of melt.Generally. It is also the reason that the demand of industrial fast injection moulding cannot be satisfied. heavy metal and ash. as well as certain pressure-endurance. The PET engineering plastic products of American GE Company. there is few difference between Chinese and oversea PET products in terms of environmental protection. German BASF Company. Technologic Bottleneck Currently. processing performance as well as the content of aldehyde. slow crystallization speed and weak stabilization of size. there are still three major restriction factors in PET production which Chinese PET technology cannot solve. but the technology in China is not very mature at present and the technologic bottlenecks have not been broken. 18 . Japanese Mitsubishi The packaging of beer requires stronger fresh-keeping and oxygen-resistance properties.
2006. Mitsubishi Daxie Mitsubishi PTA project. The total investment of its first-phase project is USD314 million. the fourth largest PET film producer in the world. SKC South Korean SKC Company. It is reported that Daxie Mitsubishi PTA project will take the most advanced technology-. SKC will hold 25% stake in TSF and Anhui Tongfeng Electrics Co.000MT-grade liquid chemical dock.14 million. named TSF. TSF will produce polyester film for capacitor. which have great influence on PET production in the world. products produced in China are distributed in local regions. producing and marketing PET film in China in 2006.000MTs/year PTA facility put into production. 2005 in Daxie Island of Zhejiang Province. who will offer the raw materials of film-grade chip to TSF.6 million MTs. Ltd. more and more foreign companies. Those joint or wholly foreign-funded enterprises have driven Chinese PET consumption and the development of industries of PET downstream products. the largest single production scale in the world. Xiamen Xianglu Chemical Xiamen Xianglu Chemical Fiber Co. and corresponding 50. which is a Sino-Japanese joint venture project started construction in Jun.the fourth generation Mitsubishi PTA technology. Mitsui Chemicals Mitsui Chemicals plans to build a set of 100. SKC is a sub-company of SK Group in Korea. In addition. After three phases projects completed. and it will be put into production in Sep. will set up a joint venture. and its annual production capacity will reach 2. will have a 900. including labor. After being put into production. water. and the cost of production in China is low. power.. Therefore. it will become the largest PTA project.000MTs/year PTA production line. Daxie Mitsubishi PTA project will build 600. TSF will achieve sales revenue of USD17.000MTs/year PET facility in Zhangjiagang. Ltd will hold the remaining 75% stake. The total investment of the whole project is about USD1 billion. 19 . etc.Part II Market Trends and Forecast II-1 Foreign Involvement in Chinese Production Chinese PET market is very large and has great potential.. come to China and set up factories jointly with Chinese large chemical fibre enterprises.
- Qingdao Kohap Polyester Qingdao Kohap Polyester Co. (Changzhou Andenie) jointly with Jiangsu Changzhou Plastic Group Co. plans to build a 350MTs/year polyester project in Kunshan. film-grade PET chips. Its production capacity is 220. Shanghai Worldbest Co. a wholly subsidiary of Korea Kohap Group in China.000MTs/year PTA project in Ningbo. Ltd.000MTs/year. It is put into production at the end of 2004.. plans to set up a second PTA facility in Ningbo. CWRC also invested Euro 65 million into a 165. Ltd. it has 50. Zimmer AG German Zimmer AG set up Changzhou Andenie Polyesters Co. planned to increase its 30. FET Far Eastern Textile Ltd. CWRC’s PET chip capacity is 270.000MTs/year PET production line project. jointly set up by Italian Radici Group. Nanya Plastics Corp.. which will be put into production in the third quarter of 2006..000MTs/year. Zhejiang Province. Ltd... Ltd. with total production capacity of 220.000MTs/year polyester filament capacity to 130. but the schedule has not been fixed yet. announced to enlarge its production capacity of bottle-grade PET. 20 .000MTs/year polyester staple fibre facility in Sichuan Province. With total investment of USD114 million. Huvis Huvis plans to build a 220. Italian Radici Group Changzhou Worldbest Radici Co.000MTs/year polyester filament.. which makes its total PET production capacity reach 450. Ltd. Ltd. (FET) is an important polyester producer in Taiwan. Taiwan Formosa Chemicals & Fibre Corp. Taiwan Nanya Plastics Corp. In addition.000MTs/year polyester staple fibre and 290.. and Hong Kong Qiule Development Co. invested a 600. Formosa Chemicals & Fibre Corp.000MTs/year in 2004. (CWRC). Taiwan Formosa Chemicals & Fibre Corp. FET Shanghai is a sub-company of FET.000MTs/year.000MTs/year in 2004.. the largest non-fibre PET chip producer in China. FET has two production lines of PET. Jiangsu Province. Changzhou Andenie mainly engages in producing and marketing bottle-grade.
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,
growing 19. It is estimated that this volume will keep double-digit growth in next few years. the tax rate of PTA was reduced 0. During the past two years. while China only imports a small quantity of PET. II-2. Most imported PET is from Taiwan. High cost of raw materials including PTA and EG is the main reason for PET’s price increment.5 Customs Tariff In 2005. 710/MT in 2003 to RMB13. Chinese government lowed down the import tax for products of polyester chain including PX.500/MT to RMB14. the second is to improve PET obstructive performance by adopting compound technology and surface treatment technology. Since all Chinese PET manufacturers set this kind of PET products as the major development direction in the future.5%. Meanwhile. infiltration-resistance and radiation-resistance is still a blank in China. Chinese PET manufacturers have to compete with manufacturers in these countries or regions. and that of PET and PX was cut down 1% to 9. The cost of beverage packaging material PET accounts for half of the product cost. Taking beverage industry for example. which directly stimulated the price of beverage 23 . these unfavorable factors have limited the wide application of PET in China. thus current tariff policy is favorable for Chinese PET producers and it will improve the competitiveness of Chinese PET products. such as strict requirements on plastic processing machines. China needs to import PET products from foreign countries. which makes domestic manufacturers feel pressed. These technologies have many unfavorable factors. The price of edible PET materials once roared from RMB 7. the PET price has increased from RMB8. and some PET giants have already set up companies in China. foreign competitors have the advantages in terms of technology. China is a attractive market for foreign PET producers. On the basis of the tax rate in 2004.7% and 2%.31%. It is likely to reduce the import price for PX. complicated processing control. according to the commitment of China’s entry into WTO.5% to 6. Japan. PTA and PET. South Korea. 100/MT in 2005. II-2. Therefore. large investment in equipments. Therefore. PTA and PET by USD5~10/MT. II-2. it’s estimated that the production quantity of this kind of products will increase at a high speed.6 Bottleneck in Production Technology Gas-resistant PET with good performances of heat-resistance. raw material supply and sufficient investment. and the United States. Because the raw materials for PET production in China mainly depends on import. high production cost and environmental pollution caused by recycling difficulties. 000MTs/year. multilayer compound technology is the mainstream of PET obstructive packaging technology.7 PET Price Price is a very important factor that influences the sales of PET. In China.
product to increase sharply. In addition. It is estimated that the high price of PET is likely to make profit of beverage industry slide down 20% in 2005. end users of PET downstream products have planed to use other package materials in stead of PET if the PET price increases to the level beyond their purchasing capacity. 24 .
Technology for PET production is still in the process of research and development. shortage of raw material as well as capital problem. II-3.3 Capital Shortage 25 . Chinese manufactures have to import raw materials from abroad. Therefore. Although there are some new or ongoing projects of PTA and EG. It directly increases the production cost of PET. while as of now none of them was really accepted by PET users. In 2005. or the performance-improved PET materials bring difficulties for the recycling of bottles. Therefore. especially the PET bottle manufacturers of beverage and beer industries in China. or the improvement degree is not enough. II-3.5 million MTs and 3. However. China’s total demand of PTA and EG in PET production will be 11. Advanced technology can improve production output and reduce production cost. and the production capacity of these two materials will increase a lot in recent years. domestic supply of raw materials is far to reach the demand.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.II-3 PET Production Difficulties In China. mainly including technical difficulty. the shortage of raw materials will still be a serious problem in Chinese PET production.74 million MTs and 1. The reason for this phenomenon is that the cost of performance-improved PET materials is too high.15 million MTs.12 million MTs respectively. Current PET material’s oxygen and CO2 resistance performance cannot meet the technical demand for beverage industry.1 Technical Difficulty Technology is a key factor influencing production. beer and wine industry. II-3. there are some difficulties of PET production. while the output of PTA and EG will be 3. it still cannot supply enough PTA and EG for PET production. Although many cutting-aged technologies were developed to enhance the gas-resistance performance of PET. the gas-resistance performance is a technical problem remaining unsolved at present. In 2004 the short supply of PTA made the output of Chinese PET only reach 50% of the total PET capacity.
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. 26 . Capital problem is another serious problem in PET production in China.
much more fibre-grade PET will be used to produce polyester filament and staple fibre. which requires producers to produce chemical products in new production manners and management mode to reduce cost and pollutant. - - - - - - II-4. mainly depending on polyester fibre with low value-added in domestic and oversea market. beer and food production industry in the world. Chinese PET products are inadequate. The contradiction of product structure is serious. Aiming at Chinese chemical fibre market. which will also maintain a high growth rate of PET consumption in packaging resin grade sectors. Chinese government attaches importance to environmental production. Especially after the textile quota was nullified in 2005. The United States and European Union set many handicaps to Chinese chemical fibre export. Polyester fibre products account for about 90%. far lower than the 35% average level in the world.II-4 Competitiveness of Chinese Production and Supply II-4.1 Distance and Problems Compared to PET production in foreign countries. The upstream and downstream products are out of joint. especially the environmental protection will be the next barrier to China. China is also one of the biggest manufacturing bases of electronic products in the world. Thus thin film grade PET consumption will keep incredible growth rate in the world. Current Chinese polyester industrial chain is serious unbalanced. while non-fibre products only account for 10%. oversea multinational companies and foreign-funded enterprises adopt technologic blockage and grasp Chinese market. which consumes a large volume of fibre grade PET products. China has the biggest beverage. The demand of domestic chemical fibre has not obtained great breakthrough. there is a large distance and many problems in Chinese PET production. - - 27 .2 Prospect and Opportunities China has the biggest textile industry in the world.
- China’s continuous high-speed economic growth in market consumption will ensure the Chinese PET manufacturers believe that producing and market PET products in China is still a promising business. 28 .
It is predicted that the gap between PX demand and output will widen further. However. the global PX consumption is mainly concentrated in PTA field. the production capacity of PTA in China reached 4. The capacity construction lags far behind the growth of the demand.1 PX PX is a principal material of PTA. the apparent consumption volume of PX broke the key barrier of 2 million MTs to 2. hitting a historic record and increasing 72.1 Demand & Supply Situation Because of steady growth of demand.5 million MTs/year. the cost of raw materials accounts for about 75%~80% of the total cost of PET production. In 2003. 29 . the production capacity and output of PX increase continuously. At present.II-5 Raw Material Supply Situation At present. due to large demand gap.8 million MTs. During 2002-2003.000MTs. while the production capacity of PX was 2. and the operation rate of PTA facilities in China reached 100% or even 110% of the total production capacity. Since 1990s. Up to the end of 2005. II-5.74 million MTs.50 million MTs.1% compared to 2000. most PX in China is used to produce PTA.1.1 million MTs in China. while the increment of PX was only 450. the new capacity increment of PTA was bout 1. It is forecast that the consumption volume of PX by PTA facilities in 2010 will reach 5. According to custom statistics. China is the largest import country of raw materials for PET production in the world. By 2006. 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. the supply gap of PX in China will be up to 1.12 million MTs/year which demanded 2. China imported. thus it is an indirect raw material of PET. On that occasion. The supply of PX produces much influence on PET production.21 million MTs to 3.6 million MTs. the production capacity of PX is predicted to increase 1.36 million.4-6. II-5. with the consumption volume accounting for about 85% of total PX consumption. It is estimated that 90% of PX output in the world will be used to produce PTA by 2007. China needs to import large quantity of PX from abroad every year. In China. as Chinese polyester industry grows rapidly.
The reasons for the price increment lie in that on the one hand. huge PTA demand caused the PTA shortage problem. 30 . while the import price of PX kept rising during this period. and no new PX installations were put into production.1. regardless to the claims form downstream buyers. announced to stop its PX facilities in Jamnagar in Oct. - Even in sometime. RIL’s total capacity of PX is 1. a PX giant in the world. 2004. thus the PX supply situation becomes more tensional. 2004.2 Pricing of PX The following table describes the price information since Jan. Indian Reliance Industries Limited (RIL). are under checking and fixing. 2005 for about 40 days. the price of international crude oil keeps on increasing. on the other hand.35 million MTs/year. It shows that domestic price of PX was relatively stable since Jan.- Many new PET facilities were put into production in the past years. PX supply control has completely shift to the PET suppliers who can decide the sales price according to the supply/demand situation. especially facilities in South Korea. Many PX facilities. which will probably result in regional tense supply. II-5.
300 9.350 9. 2004 Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.640 9.830 9.625 9.600 9.536 9. while the consumption of PX by PET was 10.820 9.5 million.2.750 9.750 7.700 9.1 Supply of PTA in China In 2004.720 9. the output of PTA in China was 3.800 9. USD/MT 835 845 830 865 820 725 770 822 835 880 980 970 950 960 990 980 950 830 930 1. 31 .500 9.1.500 Import Price.650 9. Therefore.500 9.500 9.6 million MTs.Table II-5.2 PTA II-5.800 9. RMB/MT 9.2-1 Pricing of PX since Jan. These manufacturers are suppliers of PTA and some of them are also the consumers of PTA.450 9.630 9. The following table lists the top 16 PTA manufacturers in China and their production capacity of PTA. CIF MCP.000 980 II-5. China needed to import large quantity of PX from abroad.
Zhejiang Shanghai Shanghai Xiamen.. 13 Sinopec Luoyang Petrochemical Co.0000 530. 12 Sinopec Tianjin Petrochemical Co. thus the rapid development of PET industry in China drives the rapid demand of PTA greatly every year. Ltd.000 350. Ltd. It is predicted that the import volume of PTA will be 4~5 million MTs in future five years.000 75.000 3. 3 Sinopec Yizheng Chemical Fibre Co. Liaoning Yizheng. Fujian Shaoxing.850. Xinjiang Jinan.. MTs/year 1. Ltd. Jiangsu Liaoyang.000. The following table shows the consumption volume in PET production in China and its growth rate in past ten years.. Shandong II-5. 9 Xiamen Xianglu Group Co.000 350. 2 Petro China Liaoyang Petrochemical Co. 10 Shaoxing Zhanwang Group Co..000 450. 8 Mitsui Chemical (Shanghai) Co.000 400.. Ltd. 15 Petro China Urumchi Petrochemical Co. Ltd.000 500..000 980. 32 .Table II-5.000 350. Zhejiang Ningbo. Ltd.000 500. Ltd.. Ltd..1-1 Major Chinese PTA manufacturers No..000 60.. The consumption of PTA in China’s market has accounted for 30% of the global consumption. but about 60% of domestic PTA demand depends on importing from other countries.2. 11 Sinopec Shanghai Petrochemical Co. 7 Far Eastern Industrial (Shanghai) Co. Ltd.2. Ltd. Chinese PTA market will keep on increasing.2 Consumption Situation of PTA in China Over 90% PTA was used for PET production in China..000 75.000 450. Ltd.000 1 Sinopec Yangtze Petrochemical Co. 4 Zhejiang Hualian Sunshine Petrochemical Co. PTA import. 14 BP Amoco Zhuhai Chemical Co. 16 Jinan Chemical Fibre Group Co. Hangzhou. Ltd. Ltd. Ltd.000 530.. Jiangsu Capacity... Henan Zhuhai. Ltd. As the raw materials for PET production. 6 Mitsubish Chemical (Ningbo) Co. PTA has maintained a stable consumption rate during the past ten years.. Zhejiang 5 Ningpo Dupont Co. Ltd. Total Ningbo. Manufacturers Location Nanjing.000 900. Guangdong Urumchi. Zhejiang Shanghai Tianjin Luoyang..
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.960 8.795 8.000 9.Table II-5.100 8.830 8.95% 9.000 8.200 9. and average import price was USD890/MT.000 7. The average domestic price stood at about RMB8.260 Import Price.740 8.000 6.424.99% 9.536. 2005 in China.900.300 8.000 8. 2004 to Sep.730 8.750 8.20% 9.040 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.150 9. USD/MT 1. 700/MT.000 11.2.15% Growth rate The following table shows the price information of PTA during Jan.2-2 PTA Price during Jan.2.69% 9.200 8.515.110. RMB/MT 8.25% 8.900 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.000 9.030 970 965 1.000 5.525 8. 33 .560 8.90% 9.24% 10.966. 2004 to Sep. MTs 4.405.120.300 9.860.775 9.850 8.000 5. CIF MCP. Table II-5.653.167 7.29% 13.000 10.
II-5.3 EG (Ethylene Glycol) II-5.3.1 Supply of EG in China In 2004, the output of EG in China was 1.05 million MTs, while the consumption volume of EG in PET production was 3 million MTs. Therefore, China need to import large quantity of EG. Actually, China imported 2.57 million MTs of EG in 2004. The following table lists the top 10 EG manufacturers in China and their production capacity of EG. These manufacturers are suppliers of EG and some of them are also the consumers of PTA. Table II-5.3.1-1 Major EG manufacturers in China
No. Manufacturers Names Owned by Sinopec Sinopec PetroChina Sinopec Sinopec PetroChina PetroChina Capacity, MTs/year 262,000 225,000 159,000 100,000 80,000 60,000 60,000 50,000 42,000 40,000 1,078,000 Percentage 24% 21% 15% 9% 7% 6% 6% 5% 4% 4% 100%
1 Yangtze Petrochemical Co., Ltd. 2 Shanghai Petrochemical Co., Ltd. 3 Jilin Petrochemical Co., Ltd. 4 Maoming Petrochemical Co., Ltd. 5 Beijing Yanshan Petrochemical Co., Ltd. 6 Liaoyang Petrochemical Fibre Co., Ltd. 7 Fushun Petrochemical Co., Ltd.
8 Xinjiang Duzishan Petrochemical Co., Ltd. PetroChina 9 Tianjin Joint Chemical Co., Ltd. 10 Beijing Dongfang Chemical Factory Total Sinopec Sinopec
II-5.3.2 Consumption Situation of EG in China At present, EG is mainly used to produce PET and antifreeze in China. In 2004, about 84% of EG was consumed by PET products, and 16.2% was used to produce antifreeze and other products. Although Chinese EG production capacity and output grows rapidly, the supply of EG still cannot meet the increasing demand of in domestic market because of the strong demand from polyester industry. China needs to import large quantity of EG every year, and the import volume presents an upward trend year by year. And this trend will keep in coming several years. The following table lists the detailed records of consumption as well as import and export information of EG in China in recent 10 years.
000 3.537 228.156 3.100 558.000 23.052.000 Volume 205.038 882.200 566.145.957.639.500 807.400 749.094 Import Export Apparent Consumption by PET Consumption by other 35 .572.900 1.300 1.737 143.400 230.062 170.600 1.100 1.410.000 Volume 4.700 2.019.517 317.844 581.300 31.000 Production 550.482 660.Table II-5.100 969.400 35.516.182.163 1.200 100 200 2.000 2.700 1.300 3.2-1 EG consumption volume for the past years (MTs) Output Year Volume 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 456.224 560.050.763 740.900 3.173 489.906 Production 106.462.418 127.597.005.600 1.700 843.402.700 1.900 788.900 707.676 2.049.500 906.013.083 1.500 883.034 389.300 308.901.600 199.800 907.100 2.100 2.900 23.530.127 2.600 5.587.000 Consumption 656.966 2.3.
2005 in China Time Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Domestic Price.200 9.070 1.960 9.890 10.060 950 985 995 1.050 1.960 10. USD/MT 1.065 1.600 10.2-2 EG Price during Jan.085 1.500 Import Price.030 970 1.800 10.900 10.750 9.The following table shows the price information of EG during Jan.790 10. CIF MCP.850 11. RMB/MT 9.300 9.500 9.300 9. Table II-5.200 10. 2005 in China.980 9.930 9. 2004 to Sep. 2004 to Sep.020 980 990 1.110 1.860 9.100 890 775 800 855 880 945 36 .3.500 10.960 9.870 9.
During the past ten years. Terylene fibre industry approached the edge of deficient. or bottle grade PET is the fastest. PET bottles’ wide application will continue to drive the development of PET consumption. The global PET development speed is dropping. followed by that of film grade PET while the fibre grade PET has began to slow down the development speed. The average growth rate is 36. the average growth rate of output volume speed is 104%. Before 2004. the output of PET in China can basically meet the domestic demand. thus the production volume of PET in China has also increased at a rapid speed. PET has become one of the most important petrochemical products in China. The price drop of downstream products in petrol and chemical industry in 2004 also cause the profit in PET industry to drop greatly. Now in China most of the plastic bottles used in the packaging industry of fruit juice beverage.II-6 Historic PET Market Development PET industry was started in China in 1987. the output and apparent consumption volume of PET in China grew at a double-digit rate. which is six times to the average speed in the world. PET manufacturers and users are optimistic to the future PET consumption market. the apparent consumption from domestic end users for PET chips has developed very quickly in recent years.6%. 37 . far higher than the global average growth rate. PET growth rate has maintained a high level for over ten years. the growth rate of packaging resin grade. PET capacity in China had expanded 15 times. especially in China. purified water. With the rapid development of China’s economy. In China. tea drinks and sports drinks are made of PET materials. even though the PET price increment brought fewer profit to PET supply industry and higher cost pressure to the PET users in China. from 1995 to 2004. In 2004 the international oil price went up greatly which affected the market situation of PET’s raw materials and made the cost of PET production increased. The driving force behind the rapid growth of PET in China is the rapid development of food & beverage packaging industry in China. In China. China has gradually become the biggest market for bottle grade and packaging resin grade PET. and China only imports a few of PET from aboard. At present. which in Asia. PET recycling becomes the big problem since the production and consumption volume of PET has become very big.
151. Value. The following table lists the import and export information of PET in China in terms of volume. the value went up 48% and the unit price rose 9%. Explanation: HS Code 39076011.600 167.589.404.279. 39076019: Other PET chips.500 230.669 169. the import volume increased 36%.300 147. 39076090: Other primary PET.600 68144800 191. Table II-7-1 Import and export information of PET in China from 2000 to 2004 Import Year Volume.864 223.425. USD 855 795 717 856 1083 Export Average Unit II-7.297 2. 38 . The following tables record the import volume and value of PET products in China in each month of 2003 and 2004. Comparing the import in 2003 and 2004.396 342. 39076019.418.967 123.671.124 Price.262.377.835 183. value as well as unit price from 2000 to 2004.400 6. USD Price.339 351.579 Average Unit Volume Value. 39076011. 39076019 and 39076090.179 318. USD 628 1.1 PET Import Information in China The import volume and value of PET products in China increased year by year.238 265. USD MTs 2000 2001 2002 2003 2004 506.195 630 657 718 3.131 477.II-7 Historic Import and Export Analysis of PET Chinese PET products are imported and exported under three HS codes.028 8057 95072. 39076090 39076011: High viscosity PET chips.
603 7.320 7.570.451 11.716 1.253 12.581 13.245 28.356 22.458.946 17.1 Import volume and value in 2003 Volume.723 6.350 19.234 39076090 6.986 33.466 15.043.865 1.267 7.457.202.859.444 8.849 20.266 15.115 2.683 Value.360 18.729 116.235.678.131 20.111 18.350 6.327 13.944 9.008.037 13.954 14.121 15.314 16.016.845.440 2.751 4.500.884 8.299 4.264.906 40.882 7.814.591 28.294 8.842.720 1.532.005 1.544 13.037 10.958. USD 179.175 2.1.973 25.993.488.053.830 1.988 5.701.961.248 2.457.954.333 2.338.141.869 1.535 39076011 1.532 15.779 8.443 11.143.547 5.589.362.682 230.868 5.671.445 2.796 27.291 17.Table II-7.770.834.164 152.748.508 1.709 6.766.359.072 9.942 6.577 39076019 39076090 22.877 18.227 351.270.104.344 2.661.509 626 1.467 5.431.366.297.860 26.878 Total 22.976.396 39 .860 17.668 1.898 31.950 20.724 37.661.910 13.261 5.302 1.736.165 25.846 21.997.339 16.634 667.471 6.778.873 14.162 20.755 10.676.728 1.082 17.165 1.276 12.504 18.361 Total 37.985 93.009 19.956. 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 1.293.571 39076019 14.993 9.406.198 19.481 1.773.
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
377 8. Table II-7.875 2.504 205.982.883 1.938 17.589 3.561 283. 1 2 3 4 5 Origins Taiwan (TW) Japan (JP) China (CN) Korea Rep (KR) United States (US) Others Total Volume.464 4.661 124.692 Total 18.505 2.131.011 8.635.008 1.484 186 19.046.971 285.292.812 19. MTs 10.575 1.114 8.430.395.593.2 Export volume and value of PET in 2004 Volume.590 II-7.463.285.395 5.525 814 1.483 2.910 33.767.584 153 51 817 1.646. Korea Rep and United States are the major import origins of PET for China.2.201 32.171 2.056.236 157 209 117 21 9.335 136.060.389 2.556. 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 15.565.598.490 52.042 6.053.429.332 41.412 7.786.949.218 198.Table II-7.769 11.120 2.541 169.063 3.254 5. The following tables record the volume and value of PET products under the three HS codes imported from foreign countries in 2003 and 2004.928 7.087 746.297 39076011 13.055 759.571 3.248 10.259 2.503.935 2. USD 657.612 39076019 39076090 Total 16.239.695 41.989 41 .394 2.761 1.524 1.968.860 35.246 114.864 7.655 Value.003 9.880.000.988 2.579 748.287.390.418. Taiwan.508 4.035 28.221.922 9.930 12.407 2.125 14.413.235 10.706 Value.030 9.485 20.415.530.352 345.445.083 2.543 39076019 39076090 831 1.268 2.843 12.731 1.057.442 810. USD 10.208 2.923 64.248.104 736 2.313 5.018 694.205 9.140.294 2.073 9.971.126. Japan.176.3 Import Origins According to import records in recent years.3-1 Import origins in 2003 under HS Code 39076011 No.115 1.572 183.719.513 6.676 37.315.996.342 8.888 20.617 10.856 7.272.233 4.638 2.905 7.568 788 847 1.201.376 23.335 4.523 3.331 10.110 3.823 2.377 9.152.851 4.
193 2.985 42 .490 1.410 85.228.187 29.535 107.770.043 1.519 1. MTs 93.019 171.3-2 Import origins in 2003 under HS Code 39076019 No.112 896 740 739 288 249 214 178 145 114 100 234 152.054 58. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Taiwan (TW) Korea Rep (KR) Japan (JP) United States (US) Mexico (MX) Indonesia (ID) Malaysia (MY) United Kingdom (GB) Netherlands (NL) Thailand (TH) Germany (DE) Country(reg.334 1.582 9.774 9.729 1.327 Value.254 23.Table II-7.821 17.434 22.214.171.1241 58. USD 64.) unknown Hong Kong (HK) Egypt (EG) India (IN) Nigeria (NG) Italy (IT) Spain (ES) Others Total Origins Volume.198.776 5.220 531.954 116.084 511.245 413.778.263 548.099 127.341.284 152.019 984.
983 1.016 895.473 1.488 1.673 1.817 732.309 43 .280 838.Table II-7.148 21.959 2.511.948.449.496 4.034 5.059 1.711 624.064 12.902 24.369. MTs 29.255 2.128 2.504 2.622.987 6.3-3 Import origins in 2003 under HS Code 39076090 No.081 160.087.016 2.587.995 1.896 784.317.565.980 615.209 8.537.679.979 779.954 5.587 4.641 314. USD 17.318 17.496 6.193 1.397 6.725 625.863 2.041 80.892 Value.980 1.085 2.996 1.347 22.423 516.647 5.849. 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.
680 1.654.392.148 8.380 580.730 20.658 3.063 38.495 12.341.139 197.509 90. MTs 94.123 4.189 455.926 16.466.673 893.385 44 .532.Table II-7.669 11.195 2.539 1.745 Table II-7.083 228.963 5. 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.356 216.224 1.726 346.187.742 1.731.306 692 282 203 200 117 65 56 45 13 14.731.304. 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.068 7.3-4 Import origins in 2004 under HS Code 39076011 No.375 4.710 220.536 74.506 334.230 90.573.809 163.948.376 Value.483 4.988. USD 91.751 348. MTs 8.788 36.565 62.3-5 Import origins in 2004 under HS Code 39076019 No.606 758.294 649 533 338 263 169 146 134 129 432 164.463 Value.871 24.391 33. USD 9.
154 2.048.822 684.138 28.788.781.111 7.585 6.565 10.Table II-7.302 17.804 3.949 22.082 4.694 1.109 673.380 15.228 1.110 2.743 827.550 1.688 4. USD 25.089 1.326 10.438 11.187.361 5.371 3.931 45 .420 12.046 12.022 1.011.334 18.922 2.118 297.955 3.172 12.126.757 5.788 792.641 1.787 1.323 3.882 11.911.860.942 2.931.951.770 3.594 4.859 161.428.3-6 Import origins in 2004 under HS Code 39076090 No.209 10.853.264 4.041. 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.720 126.96.36.1996 1.355 29.818 4.632.056.730.422 7.455 4.658 1.243 2.434 3.067.492.467.787.380 507.268 8.833 3.214 Value.815 1.209 2.764 5.960 11.140 4.966 8.709.120 2.888 1.081.290.931 814.340 2.859.062 3.191 2.859.236 1.490.261. MTs 39.
150 4.4 Export Destinations According to the export records in recent years.000 300.250 580. The following tables record the volume and value of PET products under the three HS codes exported to foreign countries in 2003 and 2004.750 2. MTs 49.469 120.691. the top export destination of PET for China are Italy.000 841.996 662.208.794 11.108 866 752 807 612 854 554 482 491 279 249 237 208 161 166 491 101.145. Kazakstan.000 3.000 990.618 Value.409 14. USD 60.668 1.000 287.239 46 .445 645. 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.II-7.518.855 4.000 294. Poland and Germany.636 2.024.920 6.360. Belgium.4-1 Export volume and value in 2003 under HS Code 39076011 No.362.000 1. Table II-7.140.990 1.000 1.700 3.074.029.361 1.000 598. Turkey.983 12.000 862.432.000 230.000 2.000 352.500 12.696.000 941.000 1.754 3.501 2.965.650 160.758 1.
4-2 Export volume and value in 2003 under HS Code 39076019 No.044 2.698 47 .896 156.176.200 1.143 70.900 1.208.000 3.141 Value.000 8.714.000 689.000 1.451 1.554 300.982 2.462.000 210.Table II-7.000.000 486.000 171.655.246.000 345. 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.100 145.000 3.232.525 1.903 2.439 992 856 900 684 429 290 252 316 210 121 131 146 120 121 469 59. USD 31.825.000 294.540 7.000 3.269 145.127.000 120. MTs 26.111 11.251.000 504.745 9.
050 109.050 1.270 240.568. 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.734 1.000 3.886.000.600 1.625 3.000 4.210 864 380 289 228 199 194 189 186 152 126 315 30.120 240.601 2.591 2.540.290 3.740.000 60.558 2.854 2.372.957.Table II-7.494 1.010 3.000 200.4-3 Export volume and value in 2003 under HS Code 39076090 No.540 261.000 1.007 Value.613 2.000 2.000 400.605 3.000 3.000 93.119.040 237.000 125.460. MTs 3.276 48 .306 31. USD 4.040.300.000 823.
794 3.738.Table II-7.437 2.219.418 2.144 3.272 1.884.370 9.776 1.188 1.935.544.110 3.626 4.033.780 1.788 Value.940.289 3.575 1.571 3.103.055.592.550.911 3.169 1.486 2. USD 15.008 1.254 5.493 2.045 2.423 1.101 1.101 4.4-4 Export volume and value in 2004 under HS Code 39076011 No.000 5.775 5.622.008 1.370.601 7.015 79.788 89.436 3.203.570 2.642 1.725.799 7.644 49 .189 1.814 1.014 1.257 1.407 6.736.878.518 1.512 1.408. MTs 13.859 8.130.661.795.381.305.666 5. 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.219 6.
737.200.4-5 Export volume and value in 2004 under HS Code 39076019 No.724 1.098 500.Table II-7.804.272 743.281 2.074 920.618.815.265 2.467 614.049.719.038 4.607 35.516 764.581 893.580 1.320.063 Value.262 800 767 621 922 700 560 524 672 588 400 400 500 500 2.097.457 2.377 50 .284 445.188 575.262 2.028 1.505 740.065 37. 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.163 568.081 3.385 1.316 464.086 1.780 2. USD 10.535 536.861.414 2. MTs 9.347 1.533 2.293 450.
342 123.276 1.117 179.467 455 373 210 210 99 75 60 169 9.060 1.808. USD 2.285.679.299 3.909 319. MTs 3.187 1.799 9.700 2.4-6 Export volume and value in 2004 under HS Code 39076090 No.162 146. 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.330.198 338.096.Table II-7.663 169.454 94.590 51 .692 Value.
Chinese government lowed down the import tax for PX. 2. Hankook Synthetic Inc.1-1 Korea enterprises collected antidumping tax and additionally collected tax rates No. PTA and PET by USD5~10/MT. It is a favorable factor for Chinese PET producers as the production cost.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. Table II-8. Ltd. SK Chemical Hyosung Group Rate 5% 11% 13% 11% 8% 6% 13% 52% II-8. PTA. 6. The PET chips imported from South Korea to China are under HS codes 39076011 and 39076019. Toray Saehan Inc. In China most production activities about PET and PET upstream products are undertook by state-owned companies such as Sinopec and PetroChina. including high viscosity PET chips and other PET chips. KP Chemical Corporation Huvis Corporation Saehan Industries Inc.II-8 Role of the Government in the PET Industry Chinese government has attached much importance to China’s petrol and petrochemical products supply/demand chain. The rates of antidumping tax imposed on those PET enterprises in South Korea are in following table. II-8.2 Tariff Adjustment in 2005 In 2005. 2008. which can reduce the import price for PX. 2003 to Feb.5% and 9.7%. 52 . 1 2 3 4 5 6 7 8 Manufacturers Daehan Synthetic Fiber Co. PET to 2%. 3.
and it is anticipated that the market share of Chinese textile products will increase to 45% after the quota nullification in 2005. Chinese textile products took 17% of the global market. respectively. During 2010 to 2020. the growth rates of capacity and output of chemical fibre in China will drop to 7% and 5%. the growth rate will slide down gradually. polyester accounts for more than 80%. The development of downstream products guarantees PET consumption and drives PET industry to develop forward. textile industry is a big driving force for PET industry. beer industry. In 2002. the average growth rates will stand at 4% and 3%. By 2010.1 Textile Industry Currently. beer. while in chemical fibre market. Polyester is a major downstream product of PET. it is predicted that Chinese chemical fibre will still keep growing at more than 10%. The following table lists the consumption volume and growth rate as well as the growth rate of corresponding PET consumption of beverage industry. edible oil and can food. II-9. edible oil and can food in past years and the forecast till 2015. 53 . as the industry develops fast. However. II-9. But the development of chemical fibre industry will still be a driving force for PET industry. At present. In future three or four years. and fall below 10% after 2008. The packaging of food and beverage industry is another major use sector of PET.2 Packaging Industry PET can be used as packaging in food and beverage industry. In past years more than 83% of the total volume of PET was consumed by polyester industry. chemical fibre accounts for about 65% of all materials in textile industry in China. Bottle-grade PET chips are used to produce bottles for drinks.II-9 Driving Forces in the PET Industry The production and market situation of downstream products of PET influence greatly PET industry.
07% 25.118.484.996.69% 20. MTs Beer Growth Rate PET Use Growth Rate Consumption Volume.271 22.22% 2.550 50.65% 35.299 43.12% 57.00% 493.15% 20.345.747 17.79% 17.71% 17.672 19.136.948 -38.475 17.797 17.234 30.22% 386.00% 2.73% 57.07% 2.55% 25.618.07% 2010 280.84% 20.877. MTs Edible Oil Growth Rate PET Use Growth Rate Consumption Volume.016.350.42% 2005 165.2-1 Consumption and growth rates of four industries Year Consumption Volume.434 17.224.117 -39.00% 1.07% 1.22% 54 .07% 1.69% 35.60% 35. MTs Can Food Growth Rate PET Use Growth Rate 2003 109.552.43% 4.43% 2.180.71% 20.17% 25.894.911 46.234 23.337 26.065 43.600 27.547.981 10.06% 17. MTs Beverage Growth Rate PET Use Growth Rate Consumption Volume.11% 35.315 4.00% 2004 138.Table II-9.60% 57.169 20.42% 1.105.71% 25.43% 2015 529.22% 846.630.75% 57.42% 605.684 22.42% 2.83% 17.43% 5.
348 11.000 2.12% 43.180 4. The following table records the historic and current volume of PET in China.000. MTs Designed Year Capacity 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1.000 1.500.000 5.73% 34.350.04% 130.52% 30.179 20.150.000 40.000 120.000 11. Table II-10-1 Historic and current volume of PET.473 870.II-10 Historic and Current Market Size Chinese PET market size has developed with an average speed of 50.783 259.000. which shows that the PET market in China is growing.000 172.000 420.000 4.659.000 1.950.000 65.823 766.648.860 351.000 8.000 8.841.000 500.000 5.900 2.000 3.165 2.500.647.000 562.860 191.000 9.000 15.000 4.05% 60.163 55.650 136.373 139.000 1.000 11.000 825.500.000 14.000 390.660 5.597 169.82% 20.000 1.395 3.000 98.131 377.000 71.89% 35.959.000.605 Output Volume Import Volume Export Volume Consumption 250.191.51% Apparent Growth Rate 55 .000 2.020.000.8%.762 688. In 2005.500.556.128.000.78% 52.530.435 756. the production capacity of PET in China has accounted for 35% of global total capacity.460.574 100.670.176.
bottle grade and film grade.54% 8.896.200 32.700 772.300 21.605.000 32.000 28.640.100 13.600 20. fibre grade.000 23.106.000 27. output.000 27.400 Growth Rate 19. Such forecast is suitable for the apparent consumption of PET in China as well.820 21. Especially after 2008.147.000 857.000 22.213.200 669.246.870. In terms of import and export situation of PET in China.444.000 654. while it will cool down in following years.800.240.000. It was a booming period for PET from 1996 to 2004.000 766.000 20.600 23.000 15. Table II-11.159.30% 11.000 29.39% 8.000 28.650.000 27. Fibre grade PET is used to produce polyester filament and staple fibre.000 25.000 752.800 23.000 17.22% Apparent Annual II-11. the current capacity of PET in China has already exceeded about 30% of the demand. while that of PET export will not exceed 28%.800 569.400 408.124.200 355.000 556.562. With respect to the output of PET in China.000 31.206.600 17.993. Chinese PET industry will keep a double-digit growth almost every year from 1996 to 2007.667.000 710.000 30.064.050.000 Output Volume Import Volume Export Volume Consumption 13.09% 0.84% 8.210.000 26.600 324.10% 8.000 523. the growth rate will slide down to less than 5% since 2008.300 29. the growth rate of PET import in China in future years till 2015 will be no more than 16%.606.000 25.330.32% 12.964.600 480.81% 0. the production capacity. import and export volume as well as the apparent consumption in China will increase year by year. MTs Chinese Year Capacity 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 18.1 Forecast for PET volume to 2015.400 440.800 794. import and export as well as the apparent consumption of PET from 2005 to 2015. output.000 25.1 Forecast of PET in China till 2015 In the coming years till 2015. In fact.2 Forecast for PET Consumption in Each End Use Sectors to 2015 PET mainly has three specifications.280 432.800 15. But generally the growth rate in these fields will slide down comparing to the growth rate before.II-11 Quantitive Forecasts of PET Market to 2010 to 2015 II-11.800 29. the situation is similar to the production capacity.640 21.000 32.001.43% 9.634.489.000 802.000 676.063.07% 21. The following table is the forecast volume of the production capacity.200.231.960 414.000 672. the growth rate of PET output will drop below 10%.500.193.000 311. Bottle grade PET is mainly 56 . However. With respect to the production capacity.
The following table shows the forecast volume of PET by each specification till 2015. and the consumption proportion will improve from 10.792 21.027.5% was bottle grade.878 15.275.498 6.881 1.28% 4.797 19.713.75% 14.501.46% 15. The demand for PET will reach the saturation.36% 12.960.44% 2.387.991 21.320 666.20% 1.145.804.879.65% 11.178.565 17.410. As the packaging industry and film industry in China developed. MTs Annual Polyester Year Fibre Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 11. Film grade PET is used to produce film.74% -20.468.315 243.805 27.084 Rate 25.441 478.41% 25.083.126.486 3.consumed in packaging industry to produce bottles for drinks.853.530 834.020.600 20.542 32.623.4% was film grade and the rest 0.136.51% 10.248.723 14.43% 1.158.268 16. In 1995.47% 19.351.13% 7.200 18.93% 40.546 Rate -13.283. 98% of PET products were fibre grade.467 Rate 26.37% 736.454 192.796 16.156.47% 13.98% 42.03% 14.522.55% 6.86% 1.516 25.73% 272.152 12. The production volume of performance improved PET bottles will increase at a high speed to meet the demand in beverage and beer industry.593 5.38% 7. the proportion of fibre grade declined year by year.140 2. the growth rate for bottle-grade PET will be the fastest.959 29. At the beginning.1% was used for other products.79% 32.174 12.667 626.911.36% 2.315.85% 6.867 981.541.28% 1.53% Sectors 65.744 429. It is estimated that fibre grade PET will account for about 70% of the total PET.228.273 18. edible oil and so on. 57 . fibre grade PET accounted for the most part of all PET products in China.740.850.222. 0. over 15% annually.587.4% in 2004 to 19.42% 1.510.020.914 3.940 23.710 22.45% 13. bottle grade will take up about 20% and film grade will account for about 8% in 2015.229.62% 24.2-1 Forecast for PET consumption in each end use sectors to 2015.921 857. which with reduce the fibre-grade PET production volume.29% 6.124 12.415 3.08% 1.393 21. 1.3 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 2015.800 323.370 274.926 Growth Packaging Growth Film Growth End-use Growth Consumption Annual Annual Other Annual Total PET -4.343 3.07% 14.437 17.41% 13.769 769.131 2. Among all the consumption sectors.587.15% 32.46% 30.687.09% 6.11% 5.381.105 4.64% -11.654 19.875.299 4.514 23. Table II-11.023 II-11.7% in 2015.232.43% 10.229 17.16% -1. many PET manufacturers will shift to filmgrade PET production area. This trend will last to 2015.715 20.389 243.15% 0.27% 23.22% 2.
4.000 200.000 500. Ltd..000 600. Mitui Chemicals Zhangjiagang Co..000 500. The following table is the information of PTA projects that have already been put into production in 2005 or will be put into production after 2005. Ltd. Fujian Shishi PTA Project Formosa Plastic (Ningbo) Co. joint investing. Shanghai Petrochemicals Co.000 700.000 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 2005 Early 2006 2006 2006 2006 2006~2007 2006~2007 2006~2007 2008 Time for putting into To 2010. Ltd.000 600. MTs/year production Ningbo Dupont Zhejiang Yisheng Chemical Zhejiang Hualian Sanxing Zhejiang Zongheng Shandong Zibo Wanjie Industrial Co.000 600. 58 ..000 500. Table II-11.1 Forecast for PTA The demand of PTA in China is expanding. In near future the PTA manufacturers are estimated to make strategies such as joint purchase.000 500. Ltd..000 600. Ltd.II-11. to cooperate with PX manufacturers to maintain the PX supply chain and PX price. Mitui Chemicals Shanghai Project Shenghong Group Corporation Dahua/Longdi Group Co. including existing ones and potential ones. run even to 90% of their capacity.000 800.000 600. Zhuhai Biyang Chemical Co. Ltd.4 Forecast for Raw Materials of PET in China II-11. Ltd.000 600. Zhejiang Tongkun Group Co.000 600. Ltd.. Far East Industrial (Shanghai) Co. there will still exist 3 million MTs of PTA shortages in Mainland China. Ltd.000 600. The following table is the forecast of PTA consumption in coming years till 2015. PTA supply relates much with PX. Ltd. although all the PTA projects. 530..4.000 900. Tenglong Chemical Co.1-1 Information of PTA projects in China Name Capacity. Yizheng Fibre Chemical Expansion Project Liaoyang Petrochemicals Co.000 500. Sichuan Huvis Corporation Ningbo Mitsubish Chemicals Co.000 600..000 600.. Ltd....
540. 200/MT.02% 7.4.8 million MTs/year and 14.840.30% 5.35% 4. And more foreign EG products will flow into Chinese market.24% 6.000 Growth Rate 9.86% 6.010. China will have a strong demand for EG in the future years.000 12.16 million MTs/year in 2007.000 17. 59 .31% 7.1-2 PTA Consumption Forecast till 2015 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumption by PET Production.000 22. 500~1. And it’s estimated that the two figures will exceed 22.000 15. the competition will be very intense.630.980.300/MT in the future months. and in China’s market it will be over RMB12. The international price for EG will be over USD1.21% 6. The situation of oversupply will appear. consumption by PET production as well as consumption in other fields in China.270.2 million MTs/year in the world.97% II-11.500. export.000 21.000 20. The domestic production capacity cannot meet the increasing demand. import.440.000 13.4.5 million MTs/year and 16.480.760.2 Forecast for EG Currently the total production capacity and consumption of EG is about 15.Table II-11.960.000 14. The following table is the forecast of EG in future years till 2015 in terms of its output.000 18. MTs 11.52% 12.15% 8. Asia especially China will be the most important EG consumer in the future years. apparent consumption. and mass import will be necessary.000 16.01% 5.
599 803.499.200 30.338.467.750 35.39% 3.682 833.500 4.100 4.273.68% 6.140 5.000 1.961.413 3.000 3.000 1.419.965.000 5.27% 4.000 3.244.400 4.321.948 912.881.940 4.674.800 4.581.147.801 4.000 1.488 5.846 Import Export Apparent Annual Consumption by Consumption in 60 .854 762.000 2.77% 5.314.500 31. MTs Output Year Volume 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.320 Consumption Growth Rate 3.152.000 1.Table II-11.000 3.27% 3.4.000 30.570 34.250 6.157.273.21% PET Production 3.356 728.46% 4.000 Volume 2.453.506.63% 5.860.063.060 952.000 2.158.000 34.57% 7.944.719.340.541.680 3.834 Other Fields 602.444 3.000 2.928.600.860 33.478 642.000 1.000 3.087 692.83% 5.717.141 4.999 877.482 4.000 32.000 3.720.000 5.770.116.900 31.000 3.318 4.578.963.707.000 2.2-1 Forecast of EG in China till 2015.000 Volume 28.000 1.000.490.587.128.246 3.522 3.000 3.750.000 3.135.430 5.763 992.321.000 2.600 32.630.000 3.000 2.148.89% 4.
515 25.822.379 225.250 11.173 1. beer.00% 35.47% 169.35% Grade 3.180. % 84% 10% 5% 1% Typical End Uses Terylene material.63% 43.00% 253.633 1.526 4.668.458 4.659.00% 1.150.860 39.962 95.365 19.451 360.456 177.12% 199. the consumption proportion is reducing.335 7. MTs Annual Fibre Year Grade Rate 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 245.792.193.423 63.III Consumption Patterns of PET III-1 Analysis of PET Applications In the past ten years.842.11% 57.150 411.99% 27.85% 92.85% 15.217. 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.670 8.000 478.09% 33.423 63.200 124.112 75.094 66.20% 124.46% -1.038 500.63% 88.69% 62.06% 3.283 3.890 45.788 17.217.800 1.675. industrial fibre Bottles or pails for beverage.00% 42.451 33.649.48% Rate 250.332.417 2.883 126. and the consumption proportion of other end use sectors such as packaging and PET film are increasing with high speeds.686.904 2.943 25.377.43% 29.18% -44.00% 266.00% 176.74% 61.59% Growth Resin Growth Grade Rate 250 1.250 11. The following table records the consumption volume of PET in each end use sectors in past ten years. Table III-1-1 Consumption of PET in each end use sectors. the total PET consumption expanded over 40 times.250 3.604. Although chemical fibre is still the biggest user of PET.508 255.319 582.67% 100.507 2.58% 201.250 1.43% 1.579 17.79% 52.579 The following table is the end use structure of PET in China in 2004.94% 46.450 7.840 3.500 22.21% 41.883 126.709 400.000 3.736 9.783.42% Rate 1.071.00% 113. edible oil and others Tape films Engineering plastic 61 .67% 97.148 5.45% 48.58% 57.629 Packaging Annual Film Growth Others Growth Consumption Annual Annual Total 41.788 17.
PET fibre production accounts for about 85% total PET consumption in China every year.Smaller energy consumption. not bombing and hurting people.2 Technical Factors As China has not obtained many technologic breakthroughs. which limits the widely using of PET bottles. The worse gas-resistance performance requirement from beverage and beer industries has not been improved. Compared to other materials in packaging industry.Smaller occupancy of space. . sales. some technologic bottlenecks remain unsolved.1 The Excellent Performance of PET Materials PET materials have many excellent performances.3 Chinese Textile Industry Textile industry plays an important role in China’s national economy. . .Not easy to be broken. . especially in daily-use chemical field. export and consumption of textile production will all produce an impact on the consumption of PET in China. worse heat-resistance performance limits the wide using of PET bottles in beverage packaging industry as well. The production.Light weight.Safer. such as the gas-resistance performance. .Easy to be recycled. Of all the textile raw materials in China. III-2. 62 . .III-2 Key Factors Influencing the Mass Consumption of PET III-2.Soft. products produced with PET material are more and more popular for following excellent performances: . . PET fibre accounts for 65%.Lower cost. . III-2.Easy to make into various shapes and packing specifications.Easy for transport. Meanwhile. .
853.14% 23.642 167.81% 86.79% 21.44% PET Consumption.080 76.59% 48.707.857 3.213 41.622.892 2.000 2.064.102 2.251.533 2.000MTs in 1995 to about 150.828 140.000MTs in 2000 and around 1 million MTs in 2005.35% 11.85% 34.72% 59.92% 277.887 1.387.4.96% 188.8.131.52-1 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 585.948.884.184. 63 . The following table lists the consumption volume of beverage.559.320 304. PET consumption as well as its growth rate in beverage industry in past years and the forecast in future years till 2015.4 Chinese Packaging Industry PET’s application in Chinese packaging industry is mainly used as bottles in beverage industry.405 453.163 396.459 226.861 182.201 4.424 48. MTs Annual Growth Rate III-2.III-2.130.82% 24. Table III-2.25% 58.902.602 286.587.570 26.467.623 152. can food industry and beer industry.76% 15.540.438 11.618 783.30% 39. III-2.466.82% 11.942.1 Edible Oil Industry PET bottles are more and more popular with edible oil industry.900.742 523.159 1.17% 3.96% 27.76% 16.606 348.062 390.456.52% -4.691.1 Beverage Industry The volume of PET consumed by Chinese beverage industry increased greatly in the past years.307 19.564 207.4.410 2.308.072 1.688 368.838 1.008.814.358.113 81.321 2.13% 43.119.141 235.503.280.4.917 111.379 119. 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.232. The consumption volume rose from more than 2.550 578. edible oil industry.929 33.591 980.062 255.679 10.
833.659 128.74% 25.874.864 436.80% 18.140.058 9.38% 20.275 90.070 107.107. MTs Growth Rate III-2.911 585.035 66.The following table lists the consumption volume of edible oil.791.4.249 311.832 73.870.000 685.773 726.415 81.936 182. PET consumption as well as its growth rate in the edible oil industry in past years and the forecast in future years till 2015.91% 25.24% 69.92% 19.562 14.313.330.179 72.123 350. The following table lists the consumption volume of edible oil.027.302 9.004 1.96% 54.781.091 37.231 815.3 Can Food Industry The situation of PET in can food industry is similar to that of beverage and edible oil industry.937.23% 35.154 48.546 5.2-1 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 225.544.138 1.07% -4.032 307.734.946.111.77% 24.331 39.414 1.61% PET Consumption.50% 37.641. Table III-2.44% 41.443 916.4.787 64.279 46.95% 67.320.591 701.916 24.49% 12.608 615.745 36.84% 3.879.540 107. while the price is the major factor limiting the wide consumption of PET bottles in can food industry in China.051.33% 12.198.852 61.259 6. PET consumption as well as its growth rate in the can food industry in past years and the forecast in future years till 2015.737.26% 142.28% 12.872 29. 64 .980 4.658 248.223 750 3.087 22.73% 224.
489 95.000 6.476 172.832 52.3-1 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 4.83% 37.596.771.761 8. PET is well received by beer industry.282 50.760.06% 3.598 78.92% 139.18% -5.333 30.170 7.447 228.88% 22.695 21.347 146.38% 26.970 5.138 272. 65 .406 5.722.786 26.10% 18. The following table lists the consumption volume of beer.255.797 154.744.660 285.575.62% PET Consumption.570 62.921 85.096.02% 43.537 107.191 184.108.40.2066 19.4.154 16.618 45.48% 55. A lot of technologic researches are being carried out to develop the utilization of PET in beer industry.38% 48.938 11.47% 203.189 11.474. PET consumption as well as its growth rate in the beer industry in past years and the forecast in future years till 2015.040 6.936 179.92% 12.914 52.822 104. MTs Growth Rate III-2. The development of utilization of PET in beer industry is a key factor influencing the mass consumption of PET in China.045.286 202.52% 65.08% 8.4 Beer Industry As a packaging resin.776.068 67.236 23.203 24.544 350.72% 58.937 213 792 2.720.062 30.222 4.269.108 30.67% 12.Table III-2.660.176.37% 26.15% 30.95% 24.052.618.931.180.796.
Table III-2.4.4-1 Edible oil consumption and PET consumption in beer industry
Beer Consumption Volume Year MTs 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 9,450,000 27,125,000 31,760,000 37,970,017 38,582,074 39,455,704 40,318,303 52,026,667 50,285,858 62,914,940 69,874,534 67,142,246 60,888,765 61,983,675 57,753,214 69,241,886 70,525,121 68,678,351 81,397,094 107,431,986 118,417,721 189 868 3,176 5,620 8,334 10,258 17,740 31,216 40,229 55,365 69,875 75,199 94,986 136,364 129,367 152,332 157,976 178,564 201,865 253,539 312,623 359.26% 265.90% 76.94% 48.30% 23.10% 72.93% 75.96% 28.87% 37.63% 26.21% 7.62% 26.31% 43.56% -5.13% 17.75% 3.71% 13.03% 13.05% 25.60% 23.30% PET Consumption, MTs Growth Rate
III-2.4.5 Other Industries with Much Plastic Packaging Seasonings Packaging Seasonings such as soy are a large potential market for PET package. But it’s only at the start stage in China. Pharmaceutical Packaging The market value of pharmaceutical package is about USD1.8 billion/year in China. And most is from glass bottles. The following table lists the consumption volume of PET as well as its growth rate in other packaging end-use sectors in past years and the forecast in future years till 2015.
4.208 325.06% Growth Rate 67 .645 99.623 5.525 210. MTs 199 593 2.90% 26.350 42.200 165.49% 342.702 11.99% 13.21% 43.86% 3.938 32.Table II-2.95% 80.776 72.01% 25.079 186.797 264.53% 26.070 159.16% 7.257 142.62% 121.42% -5.35% 29.890 78.86% 37.16% 50.358 135.12% 17.69% 12.728 17.5-1 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.77% 52.800 8.128 198.34% 23.009 57.03% 34.
560.800.430.180.000.860.000 8.000 3.06% 33.783.000 8.335 7.822.440.000 10.000 6. Table III-3-1 Historic terylene production volume and fibre-grade PET consumption in China.000 4.00% 17.99% 95.23% 84.458 4.000 3.962 95.000 7.000 3.000 5.990.43% 29.44% 86.250.507 2.930.000 5.97% 84.050.736 9.62% 93.300.920. The following table records the information of terylene production and PET consumption in this industry in past years in China.700.000 Consumption 97. MTs Volume of Year Polyester Filament 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3.11% 57.43% All PET Consumption Percentage in Fibre Grade PET Growth Rate 68 .20% 124.59% 83.377.000 4.170.54% 89.III-3 Consumption in Fiber Fibre-grade PET chips are used for producing terylene products including polyester filament and polyester staple fibre.960.610.950.904 2.000 4.283 3.09% 33.000 4.74% 87.000 7.380.200.000 2.250 1.79% 52.000 6.800 1.910.686.310.000 3.604.330.15% 91.000 6.792.580. Terylene accounts for 80% market shares of chemical fibre products.000 9.332.91% 245.000 5.000 478.000 2.000 5.620.000 Volume of Terylene Polyester Staple Volume Fibre 1.000 2.950.250.000 2.000 6.000 11.071.530.470.35% 41.000 9.750.
00% 42.319 582.456 177.150 411. Table III-4-1Historic consumption of film-grade PET in China. tapes and other products.508 255.12% 199. insulation materials. The following chart is the consumption structure of PET film in China at present.63% 43. 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.379 225.85% 92.21% 41. Packaging materials takes a large proportion in PET film.74% 61.63% 88. MTs Year 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Consumption of Film-grade PET 1.III-4 Consumption in Film Film-grade of PET is mainly used to produce biaxial oriented polyester films (BOPET). which can be processed to packaging materials.094 66. light-sensitive materials.200 124.00% 253. followed by insulation materials and light-sensitive materials.250 11.59% Growth Rate 69 .000 3.500 22.
787 64.618 45.598 for Beer 189 868 3. PET bottles are the most widely used plastic bottles for juice beverage. edible oil.552 348.623 156. beer as well as other fields.333 30.406 5.702 11.181 1. Table III-5-1 Consumption of PET in each packaging sectors.570 62. The packaging industry is the second biggest end use sector after chemical fibre and is also the fastest-growth end use sector.334 10.365 Consumption Consumption for others 199 593 2.751 567.688 370.916 24.776 3.800 8.936 182.350 42.658 248.199 184. The following table is the consumption volume of PET in each packaging sectors including beverage.205. MTs PET Year Consumption for Beverage 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2.550 588.258 17.091 37.761 8.000 890. purified water.728 17.623 5.763 85.229 55.250 125.740 31.540 107.179 122.249 Can Food 213 792 2.938 32.036 234.750 17.620 8.279 46.216 40.113 45.459 232.058 9.176 5.524 70 . teas and sport drinks packaging.618 793.938 11.009 57.III-5 Consumption in Packaging Resin PET can also be used to produce bottles. can food.666 19.591 PET PET PET PET Total Packaging Consumption Consumption for Consumption for Edible Oil 750 3.250 63.438 12.
The industrial level of engineering plastic in China is very low. inlet retainers. brackets. The requirements for processing conditions are also simple. Household electric appliances: coil former in transformers on microwave ovens.5% of total PET consumption volume. structures & computer shells. The comprehensive performance of this kind of engineering plastic is very excellent. Furniture: pedestal. and switches. trundles. electronic socket connector. Automobile products: carriers. Now the demand for good performance and low-price PET engineering plastic from domestic users is very large and urgent. relay. motor cabinet. panel. PET chips can be made into engineering plastic as well. 71 . sensors. vanes. instruments materials. fan propeller frame. The production cost is low. and large-scale industrial production of engineering plastic has not been realized so far. structures on OA equipments. PET engineering plastic is widely applied in automobile. electronic and computer materials. and handles. household electric appliances. pump shell. frames. chair handles. construction materials and decorating industries. motor frame. The detailed products that use PET engineering plastic are as follows: Electronic products: coil former in transformers. the overall consumption volume of PET in other fields is not large. print circuit board. Mechanical products: gear wheels.III-6 Consumption in Other Fields At present. panels. pedestal. only accounting for about 0. windshield wipers. engine covers. just a common blasting drying equipment and the mould temperature is within 70~90℃. Only a few factories in China try to produce some products to replace import materials. stator and rotor on electromotor.
..000 Table III-7-2 The largest two end users of bottle-grade PET in China No. 72 . Ltd. Ltd.000MTs/year production capacity of PET film.000 5. Ltd.III-7 Summary of Major End Users In China. The following tables list the top end users in each end use section in China. Terylene Capacity.000 260. Shantou SOE First Polyester Film Co.000 160.. Ltd. Ltd..000 In China. Xiamen Xianglu Chemical Fibre Co. Zhuhai Zhongfu Industrial Co. Ltd.000 200.000 3. Ltd. Ltd.. is the largest fibre-grade PET end user as it has 781.000 280. Ltd. Ltd.. Tianjin Kodak Light Sensitive Material Co.000 6. is the largest filmgrade PET end user for its 14.. Ltd. Jiangsu Province and Guangdong Province. PET is mainly consumed in Zhejiang Province. Ltd..000MTs/year production capacity of terylene. and DuPont Teijin Films Co. Zhejiang Plastic General Factory Lucky Group Corporation Sinopec Yizheng Chemical Fibre Co.000 300. Capacity for PET Film. Ltd. Sinopec Tianjin Company Sinopec Luoyang Company Sinopec Shanghai Company Petro China Liaoyang Company Zhejiang Dapu Chemical Fibre Group Co. Yizheng Chemical Fibre Co. Zhejiang Yuandong Chemical Fibre Group Co.000 6. Ltd. 1 2 English Name Zhuhai Zhongfu Industrial Co. The following table shows the consumption structure of PET by areas.000 3.000 300. 1 2 3 4 5 6 English Name DuPont Teijin Films Co. Zhejiang Hengyi Group Co. Zhejiang Tongkun Chemical Fibre Group Co... is the largest bottle-grade PET consumer. especially BOPET. Capacity. MTs/year N/A N/A Table III-7-3 Top 6 end users of film-grade PET in China No. MTs/year 781. Ltd.000 350.. Table III-7-1 Top 11 end users of fibre-grade PET in China No.. 1 2 3 4 5 6 7 8 9 10 11 Company Yizheng Chemical Fibre Co.000 150. MTs/year 14.000 400..000 180. Zhejiang Cifu Group Co... Shanghai Zijiang Enterprise Co.. Ltd.
21% 31.90% 0.63% 3.78% 1.63% 1.01% 73 .97% 3.74% 5.51% 29.32% 3.83% Percentage of Total in 2003 33.75% 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 28.96% 2.12% 1.95% 10.70% 2.
21%. and the content for every PET bottle is 500ml.000 18.250.13% 7.000 6.000 11.560.000 6.797 19.250. If 5% of total beer was packed with PET bottles.180.550.850.393 21.030.000 16.85% 79. and the output volume of polyester staple fibre will increase with an average annual speed of 7.000 5.000 10.796 16.000 9.300.20% 76.310.000 9.500.000 8.000 7.09% 6.710 22.29% 6.000 14.273 10. 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.200 18.200.530.000 83. But PET supply for polyester staple fibre production relates much to import PET.51% 10.020.000 6.000 5.250. the demand volume for PET beer bottles in China per year will be over two billion.III-8 Demand for PET and Future Growth Areas From the viewpoint of market.178.15% 0.470. Therefore.750.437 17.000 7.950.000 4. So in order to keep the profit margin.950.900. The fibre grade consumption will increase with an average annual speed of 7.152 12.000 14.67%.230.62% 79.950.600.50% 74.650.60% 78.000 12.723 14.840.000 8.47% 19.030.000 10.000 15.875.130.541.804. it will be a good way to attract young generation beer consumers and cut down the packaging cost by adopting PET beer bottles.500. It’s forecasted that from 2005 to 2015.853.11% 5. The manufacturers especially the middle and small manufacturers can feel this pressure.040.090.000 5.000 8.700.083. the output volume of polyester will increase with an average annual speed of 4. Chinese chemical fibre manufacturers will make more efforts on the polyester staple fibre production.060.715 20.10% 72. MTs Consumption Terylene Output in All PET Consumption Percentage Fibre-grade PET Growth Rate The current beer production volume is 23 million MTs in China.000 19.587.30% 11. Now in China the competition in beer industry is very intense and profit is smaller and smaller. 74 . currently over 90% of PET used to produce polyester filament is homemade fibre-grade PET in China.55% 6.90% 75.000 8.05% 81. Staple Fibre.000 17.000 8.38% 82.900.000.850.700.000 9.410.25% 70. Chinese market of PET beer bottle has great potential.268 16.000 10. MTs MTs 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.000 13.16% -1.000 19.45%.000 16.145.28% Volume. The following table is the forecast of involved volumes of polyester filament and staple fibre in future years till 2015.
packaging industry and film industry. will develop in the future years and they will definetely boost the PET industry. 75 . the industries of downstream products.As anticipated. including chemical fibre industry.
76 . IV-1 Historic Pricing of PET The following table lists the price of PET in China from Jan. raw material shortage and other factors. 2005. 2003 to Aug.Part IV Price Trends Due to the international crude oil hike. the price of PET in China increased a lot in the past and will keep an upward trend in future years.
455 8.950 10.450 10.895 7.335 8.735 8. RMB/MT 8.825 11.350 11.795 11.410 9.300 12.560 8.290 9.985 9.725 9. RMB/MT 8.995 9.300 8.720 8.380 9.620 8.855 9.685 10.055 9.815 8.890 11.810 8.420 8.755 8.510 11.955 10.520 11.935 8.455 9.560 8.210 8.310 8.450 11.135 8.255 11.560 11.350 12.125 8.820 11.855 9.860 11.960 8.255 8.855 8.450 11.660 8.320 9.830 8.530 8.320 Thin film grade.Table IV-1-1 Average PET price by three major specifications Time Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Fibre grade.525 8.950 Package resin grade.520 8.350 10.660 13.250 11.440 8.050 11.550 11.450 9.060 8.350 77 .880 11.780 8.355 9.550 11.325 8.240 8.430 10.850 11.650 8.660 12.880 8.865 9.680 9.690 11.650 13.720 11. RMB/MT 8.145 7.550 11.815 8.930 12.760 11.285 9.465 8.480 8.515 9.835 7.770 12.340 8.550 10.230 8.
supply of raw materials. and the industrial profit might reduce 20% in fiscal year 2004. IV-2. With the markup of petroleum and chemicals prices. bottle caps and film labels made from food grade PET material. 000/MT. The markup of PET price actually brings much trouble to many Chinese beverage manufacturers. demand from downstream industries as well as transportation cost. The markup of food grade PET material’s price affects the profit of the Chinese beverage manufacturers directly because as the package raw material. Chinese beverage manufacturers are very concerned about the price of PET. Some large scaled packaging service suppliers are looking for PET material suppliers to ensure they can purchase PET materials with big volumes.000/MT to the peak of RMB14. The unit price for PET was 30% higher than that in the same time in 2003. It will be impossible to raise the sales price for their beverage products for the intense competition during this summer season. Large Chinese beverage manufactures disclosed that the markup of PET caused the rapid increase of production cost. 000/MT. On the contrary. they can reduce the pressure from cost markup by purchasing PET with big volume. the markup of petroleum and chemical products caused the markup of food grade PET material directly from RMB7. they have to face the hardship. In Chinese beverage industry. And some Chinese beverage manufacturers even estimated that they might not achieve the sales target in fiscal year 2004. And statistical data also showed that the current PET raw material price was 30% higher than the price at the end of 2003.IV-2 Factors Resulting in Price Changes In general. the business of domestic packaging service suppliers is very good even though the PET price rose. the factors resulting in price changes mainly include the price of crude oil. only the large-scaled manufacturers installed the bottle-blowing equipments. 500/MT to RMB14. And only these equipments are in 78 . PET accounts for about 50% of total production cost of beverage products. the unit price for PET material in China also went up from RMB7. bottle cap and film label accounts for half of the total production cost of a 600 ml beverage. and the PET price is one of the key factors that decide the profit. Because the draught and bottled purified water are all packed with pails. thus the Chinese beverage manufacturers had to control and lower down the inner cost and expenditures. bottles. Therefore. but for the middle and small manufacturers. For the big manufacturers. 500~8. The cost of PET bottle.1 Price of Crude Oil In 2004 the crude oil price in New York Market rose to the peak during the past 24 years.
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.
77 0. Ltd. Ltd.375 16... Ltd. by volume and value.000 174.33 0.777 151. 39076019 and 39076090 in 2003 and 2004..000 34.00 0. Ltd.000 64.208 114. Ace Mold & Industrial (Shenzhen) Co.82 1...141...500 203.000 100.489 256.035 89. Ltd.68 0.590. Shenzhen City Minghui Industry Co.849 32. Ltd..000 36.062 1. Zhuhai Zhongfu Polyester Beer Glass Co. Wujiang He Cheng Trade Co.589.40 0..000 2. Zhejiang Grand Import And Export Co.322 91. Jm Shanghai Nonwovens Co.A. Ltd. Ltd.86 0.150. Ningbo Century Huan Yu Imp & Exp Co...39 6.340.80 1.000 920. Shanghai Chemical Industry Supply & Sales Co.000 2.90 0.53 0.793 1.. & Exp.218 431.73 0. Ltd.000 17. Xinhui City Xinhua Monofilament Factory Hefa Vegetable Oil (Shenzhen) Co.468 600. Ltd.380 407.992 1.82 2. Ltd.94 2. Shenzhen Baoan Foreign Economic Development Co.913 2.72 0..000 60.68 3.000 78. Ltd.C Ltd.91 2.45 1.94 0.78 0.400 2.80 0.740 320. Ltd.78 1. Ltd. 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. Shenzhen City Ding Tai Technologies Co.000 524.500 40.800 61.000 20.33 0. Ltd.000 139.89 80 .000 120.600 31.037.. Shanghai Huili Tage Board Co..000 100.400 41. Liaoning Huiming International Trade Co.222 2. Shanghai Heshibi Chemicals Co.50 0.000 35. Guangzhou Duolilong Chemical Fibre Co. Ltd. Xiamen Zhongtian Plastic Co. Tengxing Industry Co.635 200. Ltd.80 1. USD Price.. Ltd.155 108.71 1. Dongguan Arts & Crafts Imp.675 68.366. Honeywell (Kaiping) Industrial Polymers Co..356 53. Ltd.862 Value.08 1..290 146.. Ltd. Co. Ltd.000 92.91 3. Taizhou Changshengda Plastics Co. Orient International Holding Shanghai Foreign Trade Co.200 29.534. Chenghai Huaxiang Plastics Co.073 2. Ltd. Ltd.650. Ltd Shanghai S.60 1.292 178.000 445.000 34. China Liaohua United Foreign Trade Co. Ltd.600 275. Kunshan Litai Fibre Co... kg 2.760.950 32...940 85..000 240. USD/kg 3.400 226. Table V-1-1 Available Chinese traders of PET under HS code 39076011 in 2003 Average Unit No.922 428.96 0. Fuzhou Dong Li Cosmetics Co. Ltd. Of Guangdong Dongguan City Kaiying Trade Co.489.000 85. Jingyuan (Nantong) Chemical Fiber Product Co. Ltd. Xinhui City Jiaxun Electronic Trade Co. Rexam Der Kwei Industrial (Shanghai) Co.400 17.000 27. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Importers Names Xianglu Fibers (Xiamen) Co.80 0.953 189. Ltd.000 23.650 33.. Beijing Huayuan Asia Pacific Tech Co. Ltd.749 2.200 60.000 475...91 2.
.932.000 40.90 0. Zhuhai Zhongfu Industrial Group Co. Ltd.85 0.50 2.000 12. Ltd.795 1.675 5.820 1.40 0..000 4. Hainan Xingye Polyester Stock Co.11 1.760 23.27 1..729 1.92 1.400 7.303. Fuzhou Jianing Cosmetics Co.000 1..136 29.86 1. Zhuhai Chilk Enterprise Inc Others Total 16. Changzhou Worldbest Radici 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.550 1.000 2.740 1.649 19. Ltd.000 1.577. Shanghai Xinxing Imp & Exp Co.92 3. Ltd. & Exp.260 14. Ltd.400 20.400 6. Ltd.605 1.532. Ltd.300 2.90 0. Deevan Electronics (Shenzhen) Ltd Shenzhen Light Industrial Products Imp.35 1.125 3. Ltd.254 128 2.092 13.105 500 2.000 9.97 0. Ningbo Bonded Area Jinming Int'l Trade Co.230 20.419 20..50 2.700 1.581 3.. Ltd.814 2. Zhuhai Bonded Zone Nan Guang Logistic Co.000 6.352 2.87 0. Xiamen Hong's Enterprise Co... Shanghai Hebi Electronics Electric Appliance Co. Ltd..26 1.975 9.00 0.80 1. Shenzhen Longgang Foreign Economic Development Co.90 0. Ltd. Ltd. Ltd.90 0.. Ltd.45 0.13 0.400 6. Jiangyin Beikaerte Steel Wire Products Co.025 10. Shanghai New Particle Plastic Paint Co..025 11.02 81 . Huizhou Xinfeng Packing Industry Co. China-Base Ningbo Foreign Trade Co.883 1.85 1. Ltd. Ltd. Ltd.861 13. Yuming Exactitude Industry (Shenzhen) Co.000 2..110 10..774 4..812 23.000 4. Zhangjiagang Bonded Zone Dong Hai Container Co. Ltd. Company Shunde Xicheng Plastic Container Co.
81 0..79 0.84 0.53 0.000 3.101 829.000 3. 37 Shan Bao Zhong Sheng Packing Printing Ent Co.56 0.452 2.70 0.68 0.040.166. Ltd. 17 Xiamen Temao Xiangyu Development Co. 27 Jiangsu Shenlong Business Out-Carving Group Co.321 1.945..009 811.000 2...026.692.126.001 967.000 2..644 1.100 1. USD/kg 6.70 0..091 1. Ltd.120 435.68 0.000 3.000 2.386. Ltd. Ltd. China Silk Industrial & Trading Corp.69 0.000 1.000 3. Ltd.634 546. 12 Beijing Huayuan Asia Pacific Tech Co.198 764.367 6.547.400 4.000 13.427.994. Ltd. Fujian Province Qing Long Trade Development Co.052. 25 Xiamen Huachen Clothes-Weaving Co.131 958.389 2..64 0.69 0..57 0.510. 28 Shanghai Xinjiyuan Industry Development Co. Ltd.336 1.000 918.326 2.255..933.697 698. Ltd. Ltd. Ningbo Century Huan Yu Imp & Exp Co.79 0. 18 Sinotrans Shanghai Storage And Transportation Company 19 China Textile Resources General Co 20 Wujiang City Foreign Trade Group Zhaofeng Imp & Exp Co..704. Ltd. 32 Ningbo Bonded Area Honghe Store Co.692 2..000 3.000 1.386 1.504.709 1.000 Value. Ltd. 30 Yuyao Global Trade & Technical Co. Ltd. Shanghai Poly Technologies Co.812.000 1.000 1.855 3.79 0..001 880. 22 Shanghai Huayuanyilong Industry Developing Co 23 Shanghai Huayuan Investment Development (Group) Co.494.000 4.063.126.075.008.218 0. 24 Xiamen Xiangyu Taiping Commodity Circulation Co. Ltd. Ltd.510 994.513. Ltd. Ltd...000 2. 13 China Zhongfu Enterprise Co. 1 2 3 4 5 6 7 8 9 Importers Shaoxing Tianlong Imp & Exp Co.69 0. Volume..511.000 1..152 2..001 2.64 0.000 1.145.286.368. Jiangsu Provincial Foreign Trade Corporation Shanghai Zidong Chemical Plastics Co.513.017.78 0. 15 Shanghai Jianfa Industry Co.. Ltd.26 10 Xiamen C&D Inc 11 Orient International Holding Shanghai Foreign Trade Co.67 0..72 0. Ltd. Co. Ltd.400 1. 33 Shanghai Ailisheng (Group) Co..65 0. Ltd. Ltd. 16 Jiangyin Wan Xiang Chemical Fiber Co.232.61 0.440 807..508.000 3.648 678.451 976. 21 Beijing Alison Import & Export Co.79 0.032.657 2.200. Ltd..& Exp. 34 Zibo Huayang Sanwei Co.843.000 2. Ltd.248 804.188.78 0.521 1.. 38 Guangdong Jieyang Foreign Trade Developing Co 39 Dongli Compound Fibre Co.775.139.64 0.513.55 0. Ltd.000 1.093 1.751 1. Ltd..000 879.899.000 1.565.000 1.000.361. Ltd.664 2.000 1.Table V-1-2 Available Chinese traders of PET under HS code 39076019 in 2003 Average Unit No.81 0.77 0. Ltd..500. Ltd.042.498.011.73 0.001 2.128. kg 8.70 0.313.007. 26 Orient International (Holding) Shanghai Silk Imp. (Nantong) 82 . USD Price..69 1.738 1.996..116 1.004.600.890 602.000 1. Shanghai Haixin Chemical Fiber Co. Shaoxing County Light Weave City Weave Imp & Exp Co. 14 China Worldbest Group Colt.822.879 1.845.78 0.73 0.444 3.000 1.76 0.403.78 0. Ltd. 35 Guangdong Province Zhaoqing Chemical Industry I/E Co 36 Shenzhen City Minghui Industry Co.80 0.403 715.142. Ltd.780 730.000 3.000 1.843 727..000 1.52 0.124. 31 Shanghai Zhongwei Int'l Trading Co.267.747 1.74 0. 29 Dupont Hongji Films Foshan Co.
Ltd.684 212. Ltd.520 427.792 171.. 53 Sichuan Oriental Insulation Material Stock Co.65 0.77 0.326.293.000 494.500 342.778. 46 Jiangsu Wuyang Group Corp. Co.. 51 Zhejiang Grand Import And Export Co.050 306. 42 Ningbo Yunsheng Imp & Exp Co.000 323.60 0.978 503. Ltd.000 500.000 513..61 0.000 496. 56 China-Base Ningbo Foreign Trade Co.880 48.000 354. 48 Shenzhen City Hua Datong Rui Industry Co.925 158. Ltd..430 204.400 300.. Ltd. Ltd.93 0.649. 55 Ningbo Arts & Crafts I/E Corp.408 198.000 494..77 83 .000 337.424 238.. 52 Shantou Haiyang First Polyester Film Co.73 0.792 333.392 365. Ltd.411 168.69 0.985 0.67 0.42 0.628 306. 47 Shanghai Ruiyuan Import & Export Trade Co. 43 Xiamen Yundang Industry And Trade Development Co.450 323.40 Xiamen Xiangyu Bonded Area Yi Shai I/E Co. Others Total 832. Ltd.800 494.80 0. 54 Ningbo Bonded Area Gaoxin Counter Co. Ltd. Ltd.213 376. Ltd.59 0. 49 Hangzhou Anshun Fibre Industry Co.Ltd.55 0.995 242.000 504. 41 Shanghai Union Jibsen International Co.53 0.400 347. Ltd. Ltd.68 0.134 116. 50 Shanghai Ai Li Sheng I/E Co. Ltd...655 414.190 259..310 379.70 0.304 152...000 306. 45 Fujian Huamin Import & Export Corp..719 45.87 0.77 0. & Exp.63 0. 44 Shanghai Aj Imp.
643. 34 Ningbo Jingyong Imp & Exp Co.133 1.263 1.337 1. Ltd. 8 Deqing An Shun Chemical Fiber Industry Co. 22 Changzhou Jin Yang Plastic Product Co.30 0.30 0. Ltd. Ltd.326 211..705 542. Ltd. 36 China Packaging Imp.270 380.499 586.645 1.916 299.47 0. 12 Jingang Chemicals (Kunshan) Co.31 0.210. Ltd.311.692. 40 Kunshan Jianheng Fibre Plastic Co. Ltd.850 1. 2.. 19 Shanghai Jia Yi Chemical Ent Co... Ltd. 27 Shanghai Runnan Science & Technology Trade Co. 16 Shanghai Dongjin Plastic Fiber Co.30 0.38 0.799 774. Ltd. Ltd. 39 Shanghai Guochang Chemical Co.408 466.181 1.29 0.820.27 0. Ltd.30 0.293 4.49 0.. 23 Jiangsu Light Industrial Products Imp. Ltd.139..563. 10 Hongfujin Precisidn Industry (Shenzhen) Co.31 0.33 0..& Exp. 35 Anhui Anlike Toys Co.32 0.150.970 2. 6 Jiaxing Guangshun Fibre Industry Co.654 540.32 0.94 0.040.701..348 1.27 84 . Importers Volume.020.542 5.215 949.775 3.815 108.412 832.057 873.. 17 Zhangjiagang Cheng Xing Chemical Fibre Co.500 4.06 0.30 0. Ltd. 26 Taicang Wancai Regeneration Resource Utilization Co.36 0.291..37 0.. Ltd.780 1.000 1. Tianjin Company 37 China Precision Machinery I&E Shanghai Pudong Co 38 Ricohtongyun (Shenzhen) Storage Co...000 2.535.253.813 748. 13 China-Base Ningbo Foreign Trade Co. Ltd.333 329. 20 Whole Wide Home Creation (Shenzhen) Ltd 21 Kunshan Anshun Fibre Co. Ltd..Table V-1-3 Available Chinese traders of PET under HS code 39076090 in 2003 Average Unit No. Ltd.347 517. 18 Churong Environment Protection Plastic (Shenzhen) Co... 30 Dongguan Shangsha Shinghing Plastics Products Co.30 0.42 0. 3 Shanghai Dafeng Chemical Fibre Co.308 0.177.& Exp.29 0.972 875.28 1. Ltd.673 Value.564 1.433 634..542. 28 Yixing Luutian Fibre Co. 15 Jiangsu Easthigh Group Import & Export Co.30 0.722.647.803 1. 4 Hangzhou Sanxing Paper Co.407. 9 Shenzhen Longgang Foreign Economic Development Co. Ltd.938.261.983 2.402. Ltd.817 364. 41 Zhangjiagang Dongcheng Fibre Co.222 1. 11 Ningbo Ding Jia Imp & Exp Co.437.817 228.636 653.517 1. Ltd. (Group) Co. Ltd.652 1.242 1.700 231.469 1.32 2.30 0.78 0.545.977 1.724 1.009 2. Ltd.495 979.632.001 687.. 31 Ningbo Younger Int'l Transportation Co.792 1.388 885.062.255.80 0. Ltd. Ltd. 29 Jiaxing Litai Plastic Products Co.776 690. 14 Wuxi Hengdalai Engineering Plastic Products Co.38 0. 7 Shanghai Nantian Economic & Trade Co.30 0. 5 Hangzhou Guotai Fibre Co.64 0.403 371.30 0. USD/kg 1 Hunan Native Produce & Animal By 2 Shanghai Runtong Int'l Trade Co.746 2.238.36 0..700 1. 25 Hangzhou Anshun Fibre Industry Co.715 1.631 442.873.348.. Ltd.42 0.697.749. Ltd. 24 Tianjin Daanxi Recycling Short Fiber Co.087 719.676 913.392..42 0.858.28 0.271 375. Ltd..000.032 546. Ltd. Ltd.001 789.985 4.613 845. Ltd.725 423.376 423.49 0. 32 Shanghai Sankai Commerce Development Co.326 2.30 0.402 800.499 509.915 1. 33 Jiangyin City Changlong Chemical Fiber Co.221 2.130 319.250 2. Ltd.76 3.. kg 8. Ltd.30 0.305.806. USD Price. Ltd. Ltd.396 3.463. Ltd.134 2.153.000 1.529.040.275 874.312.704 7.000 770.200 3. Ltd.
30 0.227.30 0. Ltd.359.. Ltd.742 46. Corp. Ltd. 60 Anhui Tianfu Fibre Co.900 486.. 55 Hangzhou Hanggang Foreign Economic Relations & Trade Co. Ltd.921 56. Manzhouli Corp.272 153. 56 Jiangyin Madi Recycling Co.453 106.739 56. 47 Cipic Shanghai Imp.30 0..30 0.272 110. Ltd. Ltd. 48 Jiangyin Longyi Regeneration Plastics Co.30 0. Others Total 85 .474 215. & Exp. 65 Yaxing (Taicang) Recycling Resource Development Co.289 87.70 0.739 61..000 268. 53 Guangdong Province Dongguan Foreign Trading Development Group Company 709.924 40.450 46.27 0. 63 Zhongluu Industry Co.28 0.627 134.950 104. & Exp.883 114. Ltd.385 179.627 78...832 103. 58 Ningbo Fengshou Import & Export Co.. Ltd. Ltd.540 81.30 0.692 0.877 31.. 62 Ningbo Zhongbao Imp & Exp Co.119 178. 50 Shanghai Huayuanyilong Industry Developing Co 51 Shanghai Rongda Engineering Plastics Co. Ltd. 52 Yangzhou Hong Le Toy Chemical Fiber Co.995 142.28 0.30 1. Ltd.290 42.115 210.407. Ltd.650 149.100 342.156 91.27 0.30 0.305 189.39 0.063 479..77 0. 46 Zhuhai City Qingan Huanan Economics & Trading Co..070 152..38 0. Ltd...32 0.333 51.360 335. 64 Orient International Holding Shanghai Foreign Trade Co.846.985 55.52 54 Shanghai Yongfeng Chemical Co. Ltd.883 91.30 0. Ltd.28 0.581 399.150 158. Ltd. 45 China Ningbo Cixi Imp.800 234.32 0. Ltd.30 0. 57 Ningbo Xinxing Fibre Co.440 134. Ltd.890 172.430 29. 49 Shanghai Feilun Industry Co.34 0.777 188..380 183.000 628.115 102.29 0.160 64. Co.860 305. 44 Hangzhou Keyun Metal Co. 61 Shanghai Lianan Plastic Product Co. Ltd.173 116. 43 Laohu Powder Painting Manufacture (Taicang) Co.42 Humeng Foreign Economic & Trade Corp.65 0.237 93.. 59 Huzhou Tong Xing Plastic Co. Ltd.144 364.46 0.893 84.
Ltd. 7 Taizhou Changshengda Plastics Co. 35 Zhangjiagang Bonded Zone Dong Hai Container Co.91 1. Ltd. 3 Zhuhai Zhongfu Polyster Beer Galss Co.06 2.725.000 35.825 63.. 26 Fuqing Jiaxing Toiletry Co.00 1.388 65.925 4. 34 Qingdao Ever Speen Zipper Co. 39 Shanghai Xinxing Imp & Exp Co.85 3.96 1.258 4.34 0.35 1. Ltd.92 1. Ltd.072 29. USD Unit Price. 33 Fuzhou Jianing Cosmetics Co.70 3.000 1. 13 Shanghai Huayuan Investment Development (Group) Co..26 0.490. Ltd..965 10.08 0.250 2.287 138.246.99 1.000 18. 36 Yuming Exactitude Industry (Shenzhen) Co.071 11.723 54.556 47. Ltd. 29 China Packaging Imp.139 204.91 0.000 74.016 15.29 0.134 143.172 364. Ltd. Ltd.. Ltd. 37 Shantou S. Shanghai Company 19 Ace Mold & Industrial (Shenzhen) Co.. Ltd.000 813. Tianjin Company 30 Shanghai Huiyou Storage Co.Table V-1-4 Available Chinese traders of PET under HS code 39076011 in 2004 Average No.366 8. Ltd. 16 Zhejiang Grand Import And Export Co..17 3.818 1.465 20.65 1.600 5.881 1.16 1. Ltd. Ltd. Ltd..000 238. 21 Dongguan City Globe Arts & Crafts Imp & Exp Trade Co 22 Shanghai Chemical Industry Supply&Sales Co.E.. 28 Ningbo Huaxi Int'l Trade Co.69 1. 9 Tianchang City Changxing Terylene Chemical Fiber Co.486 9.800 18...974 315.345.48 1..494.839 37.000 10.87 1.. 12 Jiangyin Beikaerte Steel Wire Products Co.800 689. 20 Hefa Vegetable Oil (Shenzhen) Co...750.000 400.263 228..91 3.000 61.943 2. Ltd.06 1. 5 Xianglu Fibers(Xiamen)Co. 10 Xiamen Zhong Tian Plastic Co.54 0. Ltd.000 2.913 20. 17 Tengxing Industry Co.50 1. 31 Rexam Der Kwei Industrial (Shanghai) Co. Ltd..619 23...749 479.10 0. 3.000 59.42 0. Ltd. Ltd.25 1.145 41. 38 Shenzhen Baoan Foreign Economic Development Co..86 1. 25 Xiamen Xiangyu Shangyang Trade Co.. 18 China National Construction Corp.209 248. 24 Ningbo Younger Int'l Transportation Co.000 60.53 1..000 16. Ltd.222 200.....78 86 .000 20.974 55.893 19. Ltd. 4 Jm Shanghai Nonwovens Co.900 2.11 0. Ltd. Ltd.000 187. Ltd.. Ltd.. 27 Dongguan City Kaiying Trade Co.400 105. 11 Beijing Hua Yuan Asia Pacific Tech Co.162 30.779 1.763 17. 14 Jingyuan (Nantong) Chemical Fiber Product Co.034 49. Ltd.138 103.628 431. Ltd. 32 Kunshan Litai Fibre Co. 6 Honeywell(Kaiping)Industrial Polymers Co. kg Value.606.28 0.828 122.585 73.250 483.64 3. Ltd. Ltd. Ltd.000 203.... Ltd.227 2..000 380. 23 Shanghai Heshibi Chemicals Co.612 46.515 32. Ltd..097 16.799 40.290 83.987 36.05 0.058.05 2. Ltd. 8 Xinhui City Jiaxun Electronic Trade Co..794 69.243 9. Ltd.60 2.Z Huajian Electronics Co. Ltd. USD/kg 1 Chenghai Huaxiang Plastics Co..000 9.99 1.160 9.170.73 1.000 11. Importers Volume.391 220.& Exp.000 7.675 890.000 75. Ltd.987 45.90 1.22 3. 2 Guangzhou Duolilong Chemical Fibre Co. Ltd. 15 Beijing Founder Import & Export Co. 40 Ningbo Bonded Area Honghe Store Co.
41 Shanghai Fangxin Plastic Mould Co..00 5. 15 Ningbo Century Huan Yu Imp & Exp Co..768.22 0..199 14..000 1.234 4.423 4.08 0.01 1.716 1. 18 Shanghai Jianfa Industry Co.000 1. 11 Jiangsu Xia Ke Environment Protection Color Textile Stock Co. 4 Dupont Hongji Films Foshan Co. Importers Volume.410 1.645.868..218 4.631.391 4..50 0..726 1. 13 Shanghai Zidong Chemical Plastics Co. 42 Shanghai Zijiang Special Bottle Industry Co. Ltd.689 1.. Ltd.510.204.968.153 1..95 0...340. Ltd.000 3. 46 Lingwang ( Wuxi) Electrical Equipment Co.561 3. Ltd.071.554 3.450.521.178.000 3.504. Company 48 Haolai Chemical Industry (Zhongshan) Co.216 985. 50 Fuzhou Dong Li Cosmetics Co. Ltd.55 1. 24 Shanghai Jiuaifu Logistics Co.000 1. 19 Zhejiang Xiongfeng Imp & Exp Co.134..000 3.952.218 3..545 806.278.11 0.018.058 1.91 0.02 1.000 1. USD/kg 1 Shaoxing Tianlong Imp & Exp Co.000 7.96 0. 14 Zibo Huayang Sanwei Co.. Ltd.000 3..000 1.228.586.000 1. Ltd..970 957. Ltd.158...149. Ltd. 5 Shanghai Hua Yuan Enterprise Development Stock Co. Ltd.342. Ltd. Ltd.702 1. Ltd.467.85 0.667 882. 23 Shanghai Huayuan Investment Development (Group) Co. 43 Shenzhen Longgang Foreign Economic Development Co.000 2..000 2.Ltd.(Nantong) 8 Yuyao Global Trade & Technical Co.98 0. 3 Shaoxing County Light Weave City Weave Imp & Exp Co.360 2.583 5. 87 .000 1.624.450.93 1.895 6.926. Ltd.121 1. 9 Shaoxing County Nanfang Imp & Exp Co. USD Price.251 998.441.345.508.368. Ltd.. 27 Jiangsu Wuyang Group Corp.920 3.63 0. Ltd. Ltd.892. Ltd.947 2.900 8. Ltd.03 0.79 1.. 10 China-Base Ningbo Foreign Trade Co. Ltd. Ltd.756 1...99 1.62 2. Ltd.761.51 0..109 0. 49 Shunde Xicheng Plastic Container Co.96 0.228. 44 Deevan Electronics (Shenzhen) Ltd 45 Zhiyuang Plastic Products Co.522 3.022.786 2.90 0.348 2.000 Value.216.504.000 900 300 1.002 2..06 0.09 0.554 316 23 11 16.98 0.000 5.. Ltd.59 0. Ltd.714 6.989.575 3.810 3. Ltd.208..000.00 3.90 2.676 1.000 4.84 1.000 2.472 5. 47 Shenzhen Light Industrial Products Imp. 2 Shaoxing Textile Co.226.605 884.419 3.073.. 21. 16 Xiamen Tongrun Industrial And Trade Co.842 9.08 0. Total 4.79 1.500 1.505 1. Ltd.000 3.000 2.263. 22 Ningbo Bonded Area Gaoxin Counter Co.125.68 0. Ltd.17 Table V-1-5 Available Chinese traders of PET under HS code 39076019 in 2004 Average Unit No.93 0.692.500.927 1. 17 Shaoxing Zhenya Weave Product Co. & Exp. Ltd. 6 Shanghai Haixin Chemical Fiber Co.668 1.80 12 Shaoxing County Yanzhong Trade Co.684.83 1.99 1.89 0. 7 Dongli Compound Fibre Co..007. Ltd.050.404. 25 Guangdong Province Zhaoqing Chemical Industry I/E Co 26 Shanghai Industrial Investment (Group) Co.515.836 1. Ltd.725 150 45 2. 20 Sinotrans Shanghai Storage And Transportation Company 21 Shanghai Ya Tai International Container Freight Station & Transportation Co. kg 21. Ltd. Ltd.
59 Ningbo Haitian International Co.969.000 651.68 1..493 818.57 0.713 137.. Ltd..309 186.. Ltd. 44 China Sinotrans Jin Ling Co Yang Xing Bonded Storehouse 45 Beijing Hua Yuan Asia Pacific Tech Co.10 0.500 105.356 163. 48 Nanhai City Jinglong Non.654 64.63 0.000 500. Ltd.. 55 Jiangxi Fushida Trade Co.171 268.953 85.580 239.031 1. 56 Zhangjiagang Cheng Xing Chemical Fibre Co. 31 Jiangmen Pengjiang District Foreign Processing & Assembling Service Company Of Guangdong 1..78 1.85 0..126 60.971 360..797 457.873 178. 53 Dongli Compound Fibre Co.140 122.28 Zhejiang Grand Import And Export Co. Ltd. Ltd.810 954.83 1. 42 Orient International Holding Shanghai Foreign Trade Co. 33 Zhuhai Bonded Zone Hefu Fibre Product Co.287 440.347 541.. Others Total 88 .580 379.13 0. 58 Ningbo Dafa Fibre Co.316 108.87 0.88 0. 41 Jinjiang Fu Xing Zipper Co.227 289.130 126.58 0.10 0.000 118. 49 Du Pont Trading (Shanghai )Co L 50 Toray Sanko Precision(Zhongshan)Limited 51 Xiamen Yucheng Zipper Co. 60 Xiamen Waitu Imp.969 455.000 521.55 0.447 0.048 500. 46 Shanghai Sino-Trans Zhanghua 47 Jiangsu Easthigh Group Import & Export Co..353 396.763 646.27 2. 57 Shanghai Zheng Bao Textiles Products Co.962 550.000 136. Ltd.613.01 0.000 171.717 270.328 440.86 0.360 1.79 0.74 0.800 500.. Ltd.81 0. Ltd.000 500.91 0..000 936.241 735. Ltd.Weaving Co.219.. 35 Jiangyin Wan Xiang Chemical Fiber Co. Ltd.84 0.77 0. Ltd. Ltd.942 100.828 211.70 1.80 0.824 470. 39 Shanghai New Long March International Trade Co.55 1.000 502.170 54. Ltd. 52 Hangzhou Anshun Fibre Industry Co.494 695. 38 Shantou Haiyang First Polyester Film Co.403 406. Ltd.400 272. 29 Shanghai Justen Packing Material Co.. Ltd.278 432.496.94 1.658 512..615 252.173 212.87 0. Ltd.03 0.000 456. Ltd. Ltd.171 109.. 40 Jiangsu Shen Long Business Out-Carving Group Co.000 500.. Ltd. 34 Shanghai Huaxing International Container Freigat Transporation Co.000 190.000 500... Ltd. 43 China National Chemical Fiber Corp.000 116.000 100. Ltd. Ltd.544 760.773 421. Ltd.620 738..115 572.024 300.000 454.87 0..94 0.(Nantong) 54 Nantong Huatong Fibre Co..90 2. 36 Ningbo Jiasaile Trade Co. Ltd. 30 Kaiping Mingxian Monofilament Enterprise Co.80 1.39 0.90 0.99 32 Ningbo Arts & Crafts I/E Corp.437 165.170. Ltd.000 500.000 400.026. 37 Shaoxing City Longsheng Weave Products Co.502.000 500.
431. 40 Shanghai Ge Lai Di Fiber Products Co.40 2. 28 Shenzhen Baoan Foreign Economic Development Co.664.000 2. Ltd.049.102.33 0.211. 13 Jiangsu Light Industrial Products Imp.751.49 0.. Ltd.484...38 0. Ltd.& Exp.837.014 0.942.572 303.981 332.70 0.747.39 0.. 15 China Light Shanghai Imp.50 0. Ltd.781. Ltd. 26 Kunshan Jianheng Fibre Plastic Co.125 977.371 8.32 0.543 601. 37 Whole Wide Home Creation (Shenzhen) Ltd 38 Yantai Dengfeng Plastics Co. USD Price..201 4.081 429.055 827.497 438.730 322.55 0.603 1.178 2. 23 Shanghai Runnan Science & Technology Trade Co.807 2.431 2. 34 Hangzhou Keyun Metal Co. 33 Ningbo Fengshou Import & Export Co. Ltd.19 0. For Assembling Affairs 32 Ningbo Xinxing Fibre Co.602 17....479 1.075 749.345.160 797.67 0.36 1.43 0.196 287. 19 Shanghai Dongjin Plastic Fiber Co. 17 Shenzhen Longgang Foreign Economic Development Co. Ltd.30 0. 27 Kunshan Anshun Fibre Co.122.156 1. 31 Dong Guan Foreign Service Co.515 253.03 0. Ltd.. Ltd.854..083.242. Ltd.. 10 Jiaxing Guangshun Fibre Industry Co.40 0.772 3.000 340. Ltd.718 1..184 3. 8 Hangzhou Anshun Fibre Industry Co. 20 Jiangsu Easthigh Group Import & Export Co.832 537..802 1.41 0.682 420. 30 Dongwan Gaofuda Plastics Products Co. Ltd.824.754 342.824 452.26 0. 29 Zhejiang Zhenbang Chemical Fiber Co.040 1.038.867 3.437 831.97 0.03 1..66 0. 24 Shanghai Yongfeng Chemical Co.232.48 0. 7 Hangzhou Guotai Fibre Co.277 1.101.284. Ltd.50 0. Ltd. Ltd.44 0.44 0.. 89 .696 3. Ltd.118 509.300 300.419. Ltd.248.58 0..270 1. Ltd. 22 Jiangyin Sanqiang Chemical Fiber Material Co.127.470 1..409. Ltd.071. 17. Ltd.46 0.634 11. Ltd. 36 Zhuhai City Qingan Huanan Economics & Trading Co..116. 16 Wuxi Hengdalai Engineering Plastic Products Co.36 0.723 378.478 4. Ltd.80 0..137 1. Ltd.310 857.213 2. Importers Volume. 14 Zhangjiagang Cheng Xing Chemical Fibre Co.33 0.46 1.804 285.149 136.314.134 1.725 1. 25 Zhongcheng Ningbo Imp & Exp Co. Ltd.45 0.665 4.789 479.271. kg Value.706 4.300 481.495 3.419.240 467.464 749.694 1.38 2.876. 39 Shanghai Jia Yi Chemical Ent Co.048 1. 12 Hangzhou Sanxing Paper Co.928 962. 2 Hunan Province Xinyu Native Animal By-Products Imp & Exp Co.000 696.832. 18 Yixing Luutian Fibre Co.646 985..219.378 3.. Ltd.47 Unit 3 Shanghai Runtong Int'l Trade Co.. 6 Fuyang City Fu Xing Imp & Exp Co. Ltd.942. Ltd.142 964.425.33 0..490 664.518 618.Table V-1-6 Available Chinese traders of PET under HS code 39076090 in 2004 Average No.Corp. USD/kg 1 Ningbo Huaxi Int'l Trade Co.384.38 0.082 1.064.813 1.612 3.. Ltd.62 1.494. 11 Ningbo Younger Int'l Transportation Co.730 12.103. Ltd.307 347.146 663.978 7.40 0. (Group) Co.453 2.049 229. Ltd. & Exp. Ltd..000 956.33 0. 21 Lili Industry (Shanghai) Painting Co.079 431. 35 Shenzhen Fbseg Industry Co.766 1. 9 Churong Environment Protection Plastic (Shenzhen) Co.41 0. Ltd.855. 4 Hunan Native Produce & Animal By 5 Shanghai Dafeng Chemical Fibre Co. Ltd.106 310. Ltd. Ltd.
269 490.931.016 121. Ltd. 42 Dongguan Shangsha Shinghing Plastics Products Co. 51 Dongguan City New Technologies Imp & Exp Co. Ltd. 73 Zhejiang Xinghe Group Industrial Co.529 260.103 448. Ltd..830 195.333 108.636 250. Ltd.489 213. 71 Shanghai Hanjia Metal Product Co.148 222.170 105. Ltd.05 0.533 215. 44 Ningbo Ding Jia Imp & Exp Co.838 30.000 254. Ltd.782 242.708 36.046 46...550 154.384 100.874 66. Ltd.85 0.056 570.850 164.500 329. 68 Spaceflight Material Center 69 Yaxing (Taicang) Recycling Resource Development Co. Ltd.. Ltd.42 0. 63 Qiyuan Plastics (Shenzhen) Co.463 99. 49 Shanghai Jiumao Foreign Trade Co. Ltd..645 100. Ltd. Ltd.42 0.327 112. Tianjin Company 47 Ningbo Zhongbao Imp & Exp Co.31 0. Ltd.90 0. Ltd..213..450 460.. 45 Shengqin Plastic Cement ( Shenzhen ) Co. 46 China Packaging Imp. Ltd..204 124. Ltd.549 179.615 161.46 0. Ltd.77 0.39 0.& Exp.30 0. 76 China Precision Machinery I&E Shanghai Pudong Co 77 Tianjin Taifeng Commercial & Trade Co 78 China Distribution..46 0. 52 Shanghai Rongyi Chemicals Co. Others Total 90 ..30 0.41 Shanghai Yawei Trade Co.882 187.840 266. Ltd. 62 Hongkai Fibre (Quanzhou) Co.. 59 Jiangyin City Changlong Chemical Fiber Co.329 44.354 112..31 0..000 252.77 0.35 0.656 36. 75 Shanghai Feilun Industry Co.959 233. Ltd. Ltd.607 361.627 35.35 0.54 67 Ningbo Jingyong Imp & Exp Co. Manzhouli Corp. Ltd..030 121.333 149.918 120.066 100. Ltd.529 123.30 0.737 36. Ltd.174 513.123 350.05 0.. 50 Haifu Development(Shenzhen)Co. 48 Tianjin Daanxi Recycling Short Fiber Co. 70 Ningbo Dafa Fibre Co.32 0. 72 Wuxi Tianyi Int'l Trade Co.. 545.254 33..50 1.. 57 Taicang Wancai Regeneration Resource Utilization Co.231. 74 Shanghai Lianan Plastic Product Co.215 390. 53 Shanghai Yongkai Trading Co.250 242.550 368. Ltd.54 0.30 0. 56 Anhui Anlike Toys Co..884 159. 61 Yingjunren Plastic (Shenzhen) Co.163 250. 58 Jingang Chemicals (Kunshan) Co. Ltd.364.000 805.320 107.42 1. Ltd. 65 Dongguan City Qifeng Foreign Trade Co.147 229.. Ltd.000 707..000 408.. Ltd. 60 Pujiang Bai Lian Imp & Exp Co.365 102.80 0.58 0.932 0.532 119.420 161.034 74.504 157.356 449.217 83.905 188.518 56.64 0.828 179.757 251. 54 Shanghai Dong Hao Int'l Commercial Co. 43 Jiaxing Litai Plastic Products Co.555 237. Ltd.580 219. Ltd.511 76.139 67.26 0.513 297.665 117.073 110.003 205.432 236... 64 Humeng Foreign Economic & Trade Corp..31 0.30 0.42 0.352 151. 66 Hangzhou Hanggang Foreign Economic Relations & Trade Co.000 125. 55 Changzhou Jin Yang Plastic Product Co. Ltd.30 0.45 0. Ltd. Ltd.61 0.42 0.42 0.30 0.62 0.30 0.30 0.
1 Dragon Special Resin (Xiamen) Co. The total production capacity of PET products is 320. with the production capacity of 320. Sales and Export They claim SDR has import and export license. But they refuse to disclose the names of those regions. The main products of DSR are bottle grade chips. 700/MT.R. Ltd. DSR mainly engages in producing and processing PET products for use in fibre and nonfibre as well as other relevant products.com 1) Company Background Dragon Special Resin (Xiamen) Co. Address: Nanhai 1st Road... industrial grade chips as well as other related high quality products.000MTs/month. DSR also provides public utility such as steam. Haicang Investment Zone. P. three Solid-State Polymerization lines. DSR occupies a total area of 24 hectares. they produce bottle-grade chips but don’t produce film-grade chips.000~15. 2) Situation of PET in 2005 Production They disclose that DSR is a wholly Taiwan-funded enterprise. (DSR) is founded in April 2002. It is a wholly foreign-funded enterprise. Price They disclose current price for bottle-grade chip is RMB10. At present. Xiamen 361026. the United States and Italy. and they comment it is not high. with the investment totaling USD274 million. Ltd. and current output is 14. DSR has a continuous polymerization line with a daily capacity of 900 tons of pet polymer. 91 .V-2 Foreign Companies in China V-2.000MTs/year. DSR has a special PET production line.dragonsr. Han Jiang Website: www. DSR's production facility is equipped with technologies and equipment imported from Japan.000MTS/year of special polyester annually. heat through heat-transferring medium and electricity. capable of producing different grade of polyester chips. And the company is the exclusive distributor for some regions.China Tel：+86-592-6888872 Fax: +86-592-6888877 Person to Contact: Mr.
. in 1994.Production They claim the company started to produce PET chip in 1995. Its total investment is USD138 million and registered capital is USD49. Zimmer AG.195 Mingcheng Road Xinhuo Development Zone Pudong Shanghai 201419 P. Germany and Shanghai International Shanghai Growth Investment Ltd. which has advanced equipment and can produce high-quality products.China Tel：+86-21-57502750-2513 13003226332 Fax: +86-21-37500083 Person to Contact: Mr.com 1) Company Background Shanghai Lianji Synthetic Fibre Co.. Shanghai Lianji passed ISO9002 in early time.Raw Material They claim 80~90% of raw materials of PET is imported from other countries. Address: No. 2) Situation of PET in 2005 . . They disclose the company carries out production in accordance with purchasing contracts. (Shanghai Lianji) is joint venture invested by Shanghai Chemical Fibre (Group) Co. Ltd. Ltd.shlianji.The Phase Three polyester Project with yearly capacity 150. Zhuo Website: www.. They claim the company is a Sino-Germany joint venture. and the price of raw material keeps growing recently.300m2 and has 528 employees.000MTs last year. Shanghai Lianji introduced a 70. Shanghai Lianji covers an area of 294.R.000MTs/year direct spinning staple fibre facility (Phase Two) in 1990's.Price and Specifications 92 .000MTs/year started construction on August 2002.V-2.. They disclose it’s impossible for PET producers to have much PET stock because this kind of products needs large cash flow.. The production capacity is 300.000MTs/year and it produced 250.92 million.000MTs/year filament grade polyester facility (Phase One) and a 30.2 Shanghai Lianji Synthetic Fibre Co. Ltd.
68. The total investment of this company is USD11.000MTs. Ltd. Changzhou 213022. Jiangsu Province. They disclose there are three production lines of PET in this company. Ltd. P. including dull. Raw Materials 93 . Xu Website: www..China Tel: +86-519-5100553-663. Ltd. CWRC imports main raw materials from the world-famous companies like Mitsubishi and BP Amoco.3 Jiangsu Changzhou Worldbest Radici Co. At present. heat-resistant chip and edible oil chip hold 20%. 400/MT. Italian Faostuo Radici Group. 13606128115 Fax: +86-519-5100559 Person to Contact: Mr. V-2.com 1) Company Background Jiangsu Changzhou Worldbest Radici Co. Address: No. in 1996.The company can supply many specifications. with the equipment supplied and set up by Italian Noy Company with its annual capacity of 80.R.czwbr. CWRC produces the high-viscosity polyester chips that conform to the national GB-13114 food hygienic standard and has been approved by ISO 9002. 2) Situation of PET in 2005 Production They claim the company has been producing PET products for six or seven years.. ISO14001. Current price is RMB10. 60% and 70% of domestic market. Ltd. (CWRC) was founded by Shanghai Huayuan Co. National High & New Technology Industry Development Zone.. the daily output is 800MTs. FDA test and Coca-Cola.000MTs/year bottle-grade polyester chips. West Waihuan Road.406 million and the registered capital is USD45. which makes the company one of the largest manufacturer in China. and the production capacity is 270.. semi-dull and bright chips. respectively. Hongkong Qiule Development Co.2 million. CWRC’s water bottle-grade chip.
The company exports half of its products to international markets. Address: No. Ltd.. pet sheets and HDI. Germany and SSP technology and facilities supplier Bühler AG. as well as drugs. Its bottle-grade PET chips can be applied in packaging of CSD. the price of water and oil bottle-grade chip is RMB11.andenie. Xinyu East Road.They claim all raw materials for PET chips are imported from foreign countries. Changzhou Andenie covers an area of 120. Xinbei District. Guan Website: www. Swiss.000/MT. 5778666 Fax: +86-519-5778889 Person to Contact: Mr. but the rate will vary with the market demand. tea-drinks. films. 94 .4 Changzhou Andenie Polyester Co. Changzhou 213033. and edible oil. etc.000 square meters. the operation rate is about 80%. with the total investment over RMB400 million. Jiangsu Province. 1. drinking water.China Tel: +86-519-5778111. (Changzhou Andenie) is a Sino-German joint venture jointly invested by Changzhou Plastics Group and Zimmer AG in 2004. P.com 1) Company Background Jiangsu Changzhou Andenie Polyester Co.R. Yutang Industrial Park. Price At present.000MTs/year production capacity. The company mainly specializes in producing bottle-grade PET chips with 220. At present. They disclose the company carries out production according to its purchasing contracts. The company’s production capacity of PET is 220. 2) Situation in 2005 Production They claim the company commenced production at the end of Apr. Ltd.000MTs/year. The total investment of Changzhou Andenie is RMB400 million and its registered capital was USD12 million. Changzhou Andenie introduced advanced polyester continuous poly-condensation technology and facilities from Zimmer AG. USD9 million from Changzhou Plastics Group and USD3 million from Zimmer AG. fruit juice drinks. V-2.. which is different from other PET producers. 2005 and only produces bottle-grade PET chips.
Baisha Road. They disclose the specifications of the bottle-grade PET chips include CSD. chemical fiber.800/MT and RMB11. tea-drinks. because all the products produced in Sep. dyeing and finishing and other relative accessory facilities. The product structure is as follows: Bottle-grade chip.000m2.000MTs/year in 2005. Address: No. Wang Website: www. 60.000MTs/year. Ltd.000/MT. dyeing and finishing.5 Far Eastern Industrial (Shanghai) Co. (Far Eastern Shanghai) was invested in USD250 million by Taiwan Far Eastern Group in 1996. They disclose the PET chips of this company sell well currently.. It is a union enterprise using PTA and EG as raw material to produce polyester and other extension products for large-scale chemical industry.000MTs of PET chips last month. They claim the price will change in accordance with the market. Pudong District.China Tel: +86-21-6875-1888 Person to Contact: Mr. fruit juice drinks. Ltd. weaving. drinking water. staple fiber.feis. Xinghuo Development Zone. Factories of Far Eastern Shanghai occupy 370. Price and Specification The price of bottle-grade PET chips is between RMB10. Shanghai 201419. textile.000MTs/year 95 . have already been ordered. 500. The company will accept new purchasing orders till Oct. and the company claims it will increase to 500.cn 1) Company Background Far Eastern Industrial (Shanghai) Co.- Raw Material They disclose that all the raw materials of PET are imported from foreign countries. PET sheet. Sales and Export The company has the import and export license. DTY. 2005. There are workshops for polymerization. P.R. and edible oil. The production capacity of bottle-grade chip is 180.com. SSP. V-2.000MTs/year Differential polyester staple fibre. The company passed DNV ISO9001: 2000 quality system certifications.198. POY. and it exported 11.
China. Zhongshan West Road.000m2. . 9. ventilating film 4. In general.800. Thereof. Ltd.700~1.Price & Packaging The price of PET film depends on the thickness of products.000MTs.000MTs/year DTY. Ltd. the price is FOB USD1.POY. The company started to produce BOPP film in 1990. the company has nine production lines. Changning District 200051..933. The company specializes in producing BOPP..000MTs and aluminized film 4.S. 2) Situation of PET in 2005 . Ltd.. Li 1) Company Background Hunomik (Shanghai) International Trade Co. V-2. P.000MTs/year. about 200. Its workshops cover 50. Hunomik Shanghai got ISO9002 certificate in 1996 and ISO-9001 in 2003. PET. They disclose that the packaging of products for export is in compliance with the export packaging standard. About the Parent Company Hwa-Seung Group was founded in 1969 and listed in 1991.R.000MTs/year 2) Situation of PET in 2005 They claim that the output of PET chip is very large. the annual output of BOPP film is 30.000MTs/year. ventilating film and processing many relevant film products. In South Korea. They comment that the price is slightly high in China. 34. Shanghai. PET film 17.6 Hunomik (Shanghai) International Trade Co. Address: No. (Hunomik Shanghai) company was set up in 2002 by Hwa-Seung and H. Tel: +86-21-51113708 Fax: +86-21-51113709 Person to Contact: Mr. developed ventilating film in 1993 and launched into PET film field in 1997. It is a wholly foreign-founded enterprise. Industries Co.000MTs. 96 .Production They claim the company has production facility of PET film.000MTs. with the capacity of 55.
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
3 Liaoning Liaoyang Petrochemical Co.China Tel：+86-419-5153122 Fax: +86-419-5154911 Website: www. Liaoyang 111003. LYPC now has 9 functional departments. Price & Packaging The price for common water bottle-grade chips is USD1. each about 21MTs. 6 units under its direct control and 3 large joint ventures with 12.5 million MTs/year. Hongwei. 10 production plants.5 Torch Street. Sales and Export They claim the company has the import and export license. V-3. If clients only need 1~2MTs. Fuel Section can produce 1. The company has bright film-grade and carbonated bottle grade chips in stock currently. LYPC has marketed its products all over China and exported to foreign countries. aromatics unit and nylon 66 salt unit which produces 90.45 million MTs of oil products and 900. Fiber sector contains PTA. LYPC has 39 large production units with a capacity of refining crude oil of 7. Liaoning Province.000MTs/year this year and it will increase to 950. which was founded on the basis of Liaoyang Petroleum Chemical Fibre Company. LYPC is engaged mainly in oil refining and producing chemical products and marketing. the products for export will be packed in container.5 billion. LYPC has been awarded with ISO 9000 quality certifications for all of its leading products.000 staffs and workers. PET. LYPC currently has total assets of RMB13.cn 1) Company Background Covering an area of 16 square kilometers. In general.000MTs/year of plastic materials and 50.000MTs/year of N66 salt (including AA).000MTs.They claim the company’s production capacity is 550. The output in 2004 is 350. Ltd. P.000MTs of light chemical oil annually.com. they can offer less than container load. Chemical Sector has PE unit. 160. 2) Situation of PET in 2005 99 . They comment this price is comparatively cheap.R.cnpc-lh.000MTs/year of PET.000MTs/year of fiber products.035 FOB Zhangjiagang. PP and PA units producing 400.000MTs next year. while hot-filling bottle-grade chips products will be available next month. Liaoyang Petrochemical Company (LYPC) is a subsidiary of CNPC. Address: No.
Ltd.R. Ltd..1... Address: No. Color Venter Particle Factory. 300/MT and that of oil bottle-grade is RMB10. Price The price of water bottle-grade is RMB10. high viscosity chip for industrial use. Guangdong. (Kaiping Polyester) is a largescale collective group.000m2 of land.cn 1) Company Background Guangdong Kaiping Polyester Enterprises Group Co. medium viscosity chip for use in sewing thread.4 Guangdong Kaiping Polyester Enterprises Group Co. located in Guangdong Province and covering 700.kaiping-polyester. bright fibre grade chip for civil use and industrial use.com.China Tel: +86-750-2213758. 100 . Meihua Road. 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. P. The total output of PET products is over 300. Shagang District. bright chip.- Production They claim the company has PET stock at present. which has been listed. 2) Situation of PET in 2005 Production They claim the company started to produce PET products in 1996 and the design capacity is 400. V-3. as well as Kaiping Chunhui Co. Honeywell (Kaiping) Industrial Polymers Co. The company has two freight docks.000MTs/year. 2228111. Fax: +86-750-2228836 Website: www. film grade chip and bottle grade chip. The company’s subsidiaries include Polyester Chip Factory.400/MT.000MTs last year. Kaiping 529325. Ltd.
000m2 testing building. The company produces many species including light fibre chip. The viscosity degree is higher. Its structure of major products is as follows: PET for fiber. which are purchased in China and imported from foreign countries sometimes. EEC test and H203.000MTs/year PET for bottle.. Packaging.000MTs/year PET for film..The company adopts glycol and PTA as the raw materials. V-3. and the price will be higher.5 Guangdong Zhuhai Yuhua Polyester Co. Address: Tangjia.China Tel: +86-756-3311868-31222 Fax: +86-756-3311483 Contact personal: Miss Zhu Website: www. It exports products to Japan and West Europe. Zhuhai 519080. Ltd. Ltd. Guangdong Province. Species and Price They claim the packaging is 1MT. HR201. Among them. Its products of bottle grade PET have been approved by FDA test. 80 are engineers and technicians.com 1) Company Background Guangdong Zhuhai Yuhua Polyester Co.000m2 of land and its construction area reaches 100.000m2. H2018 have been approved by Coca-Cola and H203 have been approved by PepsiCo. highly viscous chip for industrial use. established in 1988.yuhuapet. covers 230. P. The company set up a 2. The company，it's a great modern manufacture mainly producing polyester chips． The company got the certificate of UKAS & RAB. Zhuhai Yuhua specializes in producing polyester chips. Zhuhai Yuhua has 650 employees. which is equipped with hundreds of advanced analysis apparatus. etc.R. 140. (Zhuhai Yuhua).000MTs/year 2) Situation of PET in 2005 Production 101 . 10. light fibre chip for industrial use. 150. The price varies in accordance with the viscosity degree of products.
the total assets of UCFG reached RMB1. The price is RMB10. flame retarding chip. 600/MT. etc. which is effective for about one month..6 Zhejiang Chemical Fibre Joint Group Co.. At present.They claim the company produces fibre materials. They disclose most consumers are willing to buy oil bottle chip 202 materials. Ltd. polyester long filament. UCFG covers an area of 380. including semi-dull chip. (UCFG) was built in 1984 by China Orient Asset Management Corporation. Price & Species They claim the company has fibre polyester chip and non-fibre polyester bottle chip.8 billion. Its registered capital is RMB860 million. UCFFG has six subsidiaries and holding companies. etc. China Huarong Asset Management Corp. Ltd. By the end of 2002. Shaoxin 312000. 102 .000MTs/year of polyester filament. The company also produces chips for mineral water bottle. China Development Bank. Zhejiang Province. P.. 000MTs/year. polyester staple and other products. China Cinda Asset Management Co. Southeast Asia. and other companies. Wang 1) Company Background Zhejiang United Chemical Fibre Group Co. the company only had 5.000MTs/year. the company’s production capacity has increased to 300. Sales and Export They claim their products are sold throughout the country and other countries such as Europe.000MTs/year for PET chip. oil bottle 202 and so on. Ltd. with a total capacity of 150. In the beginning of its establishment.China Tel: +86-575-8368288 Fax: +86-575-8327026 Person to Contact: Mr. V-3.000m2.. with the capacity of 150. . tea bottle. cation chip. Coca Cola bottle.R. The main products of this company include: PET chip Polyester filament Polyester staple PET chip has many specifications. Address: Under Qishan Bridge.
Ltd. 80 employees work for it and 29 of them are engineering technologists... Ltd. Shandong.1 and OHSA18001.000MTs/year Jinan Zhenghao owns following subsidiaries and holding companies: Jinan Santai Fire-retardant Products Co.000MTs/year PET melt and chip. Address: No. 29. The company can offer cation. The product structure of this company is as follows: IPA. JiNan250100. 100. Jinan Weide Fibre Fabrics Co.jnzhaf.China. The company has RMB220 million of fix assets. Jinan Zhenhao Polyester Co. is a holding company of Jiannan Zhenhao. Ltd.com 1) Company Background Shandong Jinan Zhenhao Advanced Fiber Co.2.. Jinan Huaxian Scientific.. (Jinan Zhenhao) was founded in April 2002. Ltd. Ltd.600 employees.R. P. semi-dull and bright chips. Jinan Zhenghao Trading Co.. Ltd. ISO14001. V-3. Its asset is up to RMB2..000MTs/year. LiXia District. 110. Ltd. textile material.. About Jinan Zhenhao Polyester Co.2) Situation of PET in 2005 Production They disclose the company does not produce bottle-grade PET chip.000MTs/year Polyester staple. Jinan Zhenhao Polyester Co.7 Shandong Jinan Zhenhao Advanced Fiber Co.8% of who are technologic support members and 89 people are senior technologists.. 260. Xi Website: www. Jinan Zhenghao has passed ISO9001. 22. fabric and garment. Huaqianchang Road.39 billion. Industrial and Trade Co.. The production capacity of semi-dull chip is about 200. processing and marketing chemical fiber. specializing in producing. 103 . Jinan Zhenhao has 1. The company owns 9 subcompanies. Tel: +86-531-88068236 Person to Contact: Mr. Ltd. Ltd.000MTs/year Polyester filament. ISO10012.
V-3. A set of 100.com. chemical reforming capacity is 150. PET fibre capacity is 100. about 60~70MTs/day. Sinopec Tianjin has 4.46 billion. with the total production capacity of 260. The capacity of PET chip is 160. Sinopec Tianjin has 20 production facilities covering refining. Tel: +86-22-63822777.000MTs/year. 104 . and the daily capacity is 500MTs/day. among which RMB2. including 743 technicians.China. Tianjin Branch (Sinopec Tianjin) was founded in Apr. Tianjin Branch.000MTs/year of PET chips.The company adopts the China-developed technology to produce PET. 60.000MTs/year facility has stopped production.500/MT.000MTs/year.000MTs of filament. and they comment that the product can bring much profit.000MTs/year of staple fibre and 8. 2) Situation of PET in 2005 Production They claim that current output of PET products is very small.tpcc. chemical and chemical fibre. the facility of PTA has stopped for maintenance. P. At present. Tianjin Branch’s total asset is RMB6. Normal output is 400~500MTs/day. 2000 through restructuring the main business of Sinopec Tianjin Petrochemical Corporation. Tianjin. They claim the company has two sets of facilities. +86-10-51586861 Fax: +86-10-51586884 Website: www.000MTs/year. Up to now. and some are sold to Heibei Province.R.8 Sinopec Corp. including 30.000MTs/year. Its oil processing capacity is 5 million MTs/year.76 billion is fixed assets.638 staff members. Sales The products are mainly sold in Shandong Province. Tianjin Branch Address: Sinopec Corp. Price They disclose the price of PET chip is about RMB10.cn 1) Company Background Sinopec Corp. Dagang District 300271. It has its own special Oil Wharf and tank area in Xingang Seaport. Raw Material They claim the company produces PTA as well.
PLG. 80.000MTs/year. DMT. R. 300. chemicals and fibre. V-3. kerosene.000MTs/year. Tianjin Branch. including lead-free gasoline. Mitsui Chemical.000MTs/year. petroleum asphalt.200 at present. .Sales The sales of this company have been unified. . Sinopec Tianjin Petrochemical Corporation obtained ISO9002 quality system certificate. PET Staple Fibre facility. 22. LuoYang 471012. 2) Situation of PET of 2005 Production They claim the “Sinopec Tianjin Petrochemical Corporation” does not exist any more. Shell in Netherlands. 000MTs/year.Sinopec Tianjin mainly produces 31 kinds of products of oil. polyethylene facility.000MTs/year. film-grade chips facility. Lummus. fuel heavy oil. Chemical Fibre Section: Polyester facility. It is called Sinopec Corp. 48.About Sinopec Tianjin Petrochemical Corporation Sinopec Tianjin Petrochemical Corporation has following production facilities: Chemical Section: Aromatics Complex facility.000MTs/year. FDY and POY filament facility.000MTs/year and differential staple fibre. benzene. Henan Province. PET chips. para-xylene. Union Carbide Corporation in the United States. PX facility. 120.9 Sinopec Luoyang Petrochemical Complex Address: Jili District. etc. Polyether Polylol facility.000MTs/year. Mitsui Toatsu Chemicals of Japan. P. EO facility. 105 . PET staple fibre and filament. coke. 200. 43.000MTs/year. 2. Neumag Company of Germany. 200. which is taken changed by the sales center in Beijing. The price is RMB10. light diesel.000MTs/year. They claim the production capacity of PET is 200.000MTs/year. 90.000MTs/year. Ethylene Section: Ethylene facility. 250. PTA facility. Sinopec Tianjin Petrochemical Corporation imported its main technology from Zimmer AG. 60. 600. 100.000MTs/year.China. Price The company produces fibre-grade PET chip. jet fuel. polypropylene facility.000MTs/year and EG facility. heavy aromatics.000MTs/year.
000MTs/year. The capacity of PET melt and chip is 200.000MTs/year. It was started construction in 1998 and put into production in 2000.000MTs/year. but the output volume is not as large as it. The plant carries out production in accordance with purchasing orders. and that of polyester staple fibre is 100.200 professional technicians.100 employees. that of PTA is 250. 2) Situation of PET in 2005 Production They claim the production capacity of PET is 200.cn 1) Company Background Sinopec Luoyang Petrochemical Complex (Sinopec LPC) is a state-owned enterprise directly subordinate to Sinopec. It covers 6 million square meters and its total fixed assets exceeds RMB10 billion. The capacity of polyester filament is 90.500 employees.com. DuPont.lypcc. direct spinning polyester filament and direct spinning polyester staple fibre.000MTs/year. polyester facility. which was invested in RMB6.000MTs/year. +86-10-51586861 Fax：+86-10-51586884 Website: www.4 billion. Sinopec LPC specializes in oil refining. UOP and Japanese Toray. 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. PTA facility. The Chemical Fibre Plant has five major production facilities. Chemical Fibre Plant of Sinopec LPC The Chemical Fibre Plant of Sinopec LPC was invested by Sinopec and Henan Provincial government. Sinopec LPC has more than 8. It has 1. including aromatic hydrocarbon facility. including 2.Tel：+86-379-66996147. chemicals and chemical fibre. Price 106 .
The company produces fibre-grade PET chip. Tongxiang Development Zone. Ltd. Zhu Website: www. Only a small part of PET chips are sold out. Sales They disclose the sales of its products are taken charged by the sales center in Beijng. V-3. DTY DT FDY filament PET chip The production capacity of polyester is 720. Zhejiang Tongkun has 26 wholly subsidiaries and holding companies. It has more than 7. The price is RMB10. P. . trade. 2. Zhejiang Tongkun Group Address: No. IT as well as printing and dyeing fields. agriculture.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. the group sets foot in real estate. the total asset of Zhejiang Tongkun is RMB2.zjtkjt. finance. including RMB1 billion of net assets. It sells its products all over China and exports them to over 10 countries and regions including India and Italy.10.. 107 .8 billion. At present.. Hangzhou 314500.000MTs/year. . and that of chemical filament fibre is 600. in 1999 and Tongkun Group Co. Guangming. in 2004.R. Ltd. and most PET chips are used to produce polyester filament and staple fibre by the company itself. Its products include: POY. Zhejiang Tongkun mainly produces polyester chip and polyester long filament. Zhejiang Province.200 at present.000MTs/year.000 employees. and the name once changed into Zhejiang Tongkun Chemical Fibre Group Co.China Tel: +86-573-8183758 Fax: +86-573-8183701 Person to Contact: Mr. Meanwhile. It is a state-owned enterprise.
Zhejiang Tongkun introduced equipment from TMT in Japan. no semi-dull chip.000MTs/year PET chip project. 2000. Price and Specification The company can offer fibre-grade and bottle-grade chips.000MTs/year and that of bottlegrade is 20. In Jul.000MTs/year. UB20 LAUDA in Germany. HIMSON in India. Zhejiang Tongkun invested RMB580 million in the 180. which was put into production in Oct. HONEY WELL in the US. They claim the market of PET this year is unfavorable. Zhejiang Tongkun invested RMB120 million in the 160. The production capacity of fibre-grade PET chip is 180. which was put into production in Sep 2003.000MTs/year polyester project was put into production. Zhejiang Tongkun invested RMB310 million in the project of “China-Tongkun Industrial City of Chemical Fibre” and 180. the production capacities of polyester and melt direct spinning long filament reached 700. About PET Project In Apr. In Aug. 2000. 108 . 2002. Sales and Export The company has the import and export license. which was put into production in Jun. 204. 2) Situation of PET in 2005 Production They claim the company started to produce PET chip in 1999.000MTs/year polyester and melt direct spinning production line. etc. Zhejiang Tongkun passed ISO9002.000MTs/year modified melt direct spinning long filament project. The price of bright chip is RMB10. Zhejiang Tongkun invested RMB310 million in the 180. They disclose the company produces fibre-grade chip but not film-grade chip at present.000MTs/year and 550. Up to 2004. 500. In Jan 2001.000MTs/year in the “China-Tongkun Industrial City of Chemical Fibre”. 2002.
109 . 2) Situation of PET in 2005 .. . The price will vary with the market.Production They claim the company hasn’t PET chip in stock at present. The company carries out production in accordance with the purchasing contracts. The company passed OHSA1800. The company also produces fibre-grade chip. Tunhe Polyester has imported continuous polymerization technology from German AQUAFIF and SSP technology from Italian SINCO. with the production capacity of 60. Among them.11 Xinjiang Tunhe Polyester Co. . Its major product is bottle-grade PET resin.tunhepet..87 hectares. The company covers an area of 13. Tel: +86-994-6580589 Fax: +86-994-2722024 Person to Contact: Miss Ma Xiaohong Website: www.cn 1) Company Background Xinjiang Tuhe Polyester Co. 90% workers graduated from the technical secondary school or collage. Address: Yan’an South Road. The production capacity of bottle-grade chip is 60.Sales They claim that the current market situation is comparatively good.000MTs/year.R.000MTs/year. Current operation rate of its facility is 100%. Chanji 831100. ISO9001: 2000 and ISO14001. P. as there are many buyers waiting for the products.China.com. Ltd. there are 225 employees in the company. The production capacity of multifunction and differential polyester chips is 60.000MTs/year.They disclose Zhejiang Tongkun got RMB10 billion sales revenue from long filament and chips last year. 800. with the capacity of 110.. Ltd.Price The price for bottle-grade chip in its latest purchasing order is RMB10. Ltd. Xinjiang.000MTs/year. At present. (Tunhe Polyester) is a wholly subsidiary of Tunhe Industry & Trade Co. V-3.
P. The company carries out production according to the market demand. 2) Situation of PET in 2005 . Price and Specification The company produces bright and semi-dull chips. It does not produce film-grade chip.R. the United States and Italy. that of filament is 36.V-3.. which started to produce PET as early as 1985. that of polyester textile-grade staple fiber is 90. Heilongjiang.000MTs/year and polyester industrial filament is 37.000MTs/year. while only two factories are producing PET due to capital problem in the company. Heping street.116. They disclose the company has more then ten factories. +86-451-53717706 Fax: +86-451-53717949 Person to Contact: Mr. 300/MT. They disclose that the current output of PET products is not large.Production They claim the company is a state-owned enterprise with total assets of RMB3 billion. Ltd. Address: No. Heilongjiang Longdi imported the key equipment from Germany. Ltd.longdi. (Heilongjiang Longdi) was set up in 1975 on the basis of former Heilongjiang Polyester Fiber Factory. They claim their equipment is worldadvanced. Miss Shao Website: www. Sales 110 .12 Heilongjiang Longdi Stock Co. The price is RMB10. the production capacity of PET chips is 160. It sells its products all over China and exports them to Europe and America..China Tel: +86-451-53715382. Heilongjiang Longdi has the import and export license.000MTs/year.biz 1) Company Background Heilongjiang Longdi Stock Co. Xiao. and the two factories work for 24 hours a day. The Company passed ISO 9002 and ISO9001: 2000. Acheng city150316. Japan.000MTs/year. It is a listed company. At present.
. China. Sichuan Province.000 employees. Push Group has RMB3 billion fixed assets. while the industrial filament is profitable. polyester chips. Push Plastic Building and Packing Materials Department. etc. Push Group consists of three units: Push Group Push Plastic. and 3D images and laser anti-fake products for packaging and advertising.000MTs/year. Chen Website: www.. Address: No. +86-13829178189 Fax: +86-831-3553188 Person to Contact: Mr.cn 1) Company Background China Push Group International Co.. The company carries out production in line with their purchasing orders. and the total investment had exceeded RMB2. Tel: +86-831-3565889. Ltd. Push Plastic & Polyester Department. Price and Species 111 . P.000m2 production facilities and over 4. American and Southeast Asian countries.13 China Push Group International Co. Its products include plastic anti-fake bottle caps.150. while the production base is in Yinbin Sichuan Province. molds. The initial investment for Push Group was RMB300 million. including over 500 technicians and professionals. Push Plastic includes Push Plastic Closure Department. Yinbin 644007. Push Subsidiary Companies and Push joint ventures. V-3. (Push Group) was established in 1997. 2) Situation of PET in 2005 Production They claim that the current PET capacity in the company is 150. Push Plastic Pet Preforms Department. 340. The claim PET chip cannot bring much profit because of expensive raw material.They disclose the company only sales part of PET chips and most chips are remained to produce industrial filament.pushi.R. It is a wholly subsidiary company under Wuliangye Group. Mr. detergents and cosmetics. Miu. Products of Push Group are exported to European.0 billion by 2004. etc. At present. Minjiang West Road. They disclose that PET products are stored in Dongguang Guangdong Province. plastic pipes and fittings.com. plastic packaging bags. Ltd. PET bottle preforms.
P. 80 million meters/year Computerized embroidery.. 120. Ltd.000MTs/year Silk. The products can be used in engineering plastic as well if it is processed to improve the performance. The total asset of the group is RMB4 billion. Ltd. (JWSG) has five factories: Xinlian Silk Weaving Mill.130/MT.silkgroup.. Longqiao. (JWSC) was set up by Jiangsu Wujiang Silk Group Co.. V-3. 12 trillion stitches/year JWSG has many brands for its silk products such as Xinsheng. About Jiangsu Wujiang Silk Group Co. China Silk Industry Corporation. The total registered capital of JWSC is RMB313 million. The product structure of JWSG is as follows: PET chip. mainly engaging in producing and marketing high-grade silk.. Liaowu Silk Weaving Mill. Chen Website: www. while the price FOB Guangzhou is USD1. scientific technology and trade. Add: Shunxin Middle Road.. computerized embroidery. and Suzhou Foreign Economic Development Corporation. Tel: +86-512-63597063 Fax: +86-512-63597063 Person to Contact: Mr.R.000MTs/year Chemical filament. Shengze Town. Jiangsu Wujiang Silk Group Co.They refuse to disclose the domestic price of PET products. etc.China. 130..14 Jiangsu Wujiang Silk Co. Sales and Export They claim the company has its own import and export license. Ltd. special filature. Camellia. Ltd. Jiangsu Silk Group Co. Jiangsu Province.. Xinhua Silk Weaving Mill. JWSC integrates real estate. Xinsheng Silk Weaving Mill. and Xinda Computerized Embroidery Plant. 2) Situation of PET in 2005 Production 112 .com 1) Company Background Jiangsu Wujiang Silk Co. It was listed in 2004. Ltd. Ltd. They claim the PET products in the company are bottle grade PET. Wujiang 215228. China Garment Group Co... Ltd.
It specializes in the research.. Miss Li Website: www. POY and FDY 400 thousand tons (including 300. cation and other special chips. Zhejiang Province. P. semi-dull.000MTs of chip spinning). Ltd.000MTs of melt direct spinning and 100. It is a comprehensive enterprise with USD500 million of total assets. seven corporations and one research institute center as its subcompanies.com 1) Company Background Zhejiang Cifu Group Co. Specifications They claim the company offers bright. The output is 150MTs/day. because film-grade chip is unprofitable.15 Zhejiang Cifu Group Co. 5621130.000MTs of different specifications of semi-dull.R. France and Italy. Ltd. The company produces cation and other special chips but not film-grade chip.A. Zhejiang Cifu has more than 3. cation dyed of DTY. The company has passed ISO9001. development and production of raw materials of chemical fibre. Germany.cifugroup.They claim the company started to produce PET chips ten years ago. China Tel: +86-575-5101220. Address: Binghai industrial strict. V-3. Its major products include: Polyester silk DTY FDY POY Polyester film BOPET PET chip. Zhejiang Cifu consists of two factories.600 staffs and over 10% have been educated in college.S. All the key equipments of polyester. BOPET and medicine fields. Zhejiang Cifu sells its products both in China and abroad. film and yarns are imported from the U.. Japan. The company has 6 production lines of small polyester. which produces 400. (Zhejiang Cifu) was established on the basis of Shaoxing First Polyester Plant in 1986. Shaoxin 312073. 13806743401 Fax: +86-575-5101220 Person to Contact: Mr.. 113 . Xu. covering 2 million m2.
It has five economic entities.. Sales and Export The company has the import and export license. because its production is in accordance with purchasing contracts. Ltd.000MTs of high-speed film grade BOPET material and 120. such as Europe and Southeast Asia. The price of film-grade chip is USD110/MT. Zhengjiang Zongheng covers an area of 667.htm 1) Company Background Zhejiang Zongheng Group Co. Zhejiang Cifu invested USD200 million in setting up Zhejiang Euro-Asia Film Materials Co.16 Zhejiang Zongheng Group Co. Ltd. They claim their products are sold both in China and oversea countries. They disclose the company cannot offer semi-dull chip at present.000m2 including 280. Meanwhile.In 2003.R. V-3.000MTs/year and the daily output is about 300MTs. P. Ltd. and so on.. Ma Website: http://www. 8039725 Fax：+86-575-8038161. fibre-grade.. Its total assets reached RMB1. which can produce 200. Ltd. 2) Situation of PET in 2005 Production They claim that the company has ten production lines of PET. Doumen County 312071. Tel： +86-575-8038368. covering.000m2 of construction area.6 billion. (Zhengjiang Zongheng) was built in 1995 on the basis of Shaoxing Yarn-Dyed Fabric Co. cation. Price and Specification They claim the company produces many specifications of PET chips. It is predicted to be put into production in 2005. including film-grade.000MTs of BOPET. Zhejiang Province.. It has 4. The capacity of film-grade chip is 200. Address: Industrial Economical Development Zone. Zhejiang Cifu invests USD15 million to build China Union-Cifu Medicine Manufacture Enterprise. 114 .500 employees. 8038160 Person to Contact: Mr.zgsc..cn/rx/ZONGHENG/twjs. China.
Address: No.R. Main products of Hunan Jindi include: PET chip POY FDY DTY 115 .. 100.17 Hunan Jindi Chemical Fibre Co.000MTs/year.China Tel: +86-732-8661334 Fax: +86-732-8660740 Person to Contact: Mr. Shuyuan Road. Ltd. Ltd. The company passed ISO9001: 2000. The company covers 334.000m2 and has 590 employees.. 12 production lines of FDY and 4 production lines of POY. Xiangtan 411101. 38.087 billion. The production capacity of polyester and filament of Hunan Jindi is 100. Germany. Xiangtan Economic Construction Investment Corporation and Xiangtan Chemical Fibre Factory in Feb 1995.. P. The registered capital of the company is RMB250 million. with the total investment of RMB1. and France. Yuetang District. respectively. 120 million meters/year The company sells its products all over China and exports to Southeast Asia.The company has six batch polymerization production lines. Hunan Province. was established by Hunan Economic Construction Investment Company.000MTs/year. Europe and so on. Liu 1) Company Background Hunan Jindi Chemical Fibre Co. The company introduced major equipments for polyester and spinning from Switzerland. etc.000MTs/year Differential fibre. 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. They refuse to reveal more information. V-3. The product structure is as follows: PET chip. 40. 160. including 248 professional technicians.000MTs/year Garment materials.
The product structure of SPC is as follows: Crude oil. It produces semi-dull fibregrade PET chip. Ltd. 5. It specializes in highly integrated production and operations of petroleum products.38 million MTs/year 116 .000MTs/month. Address: No. The company itself consumes 4.cn 1) Company Background Sinopec Shanghai Petrochemical Co. R. They claim the production capacity is 100. manufacturing of plastics and synthetic fibers. (SPC) was set up on the basis of Shanghai Petrochemical Complex in 1972. By the end of 2004. Price They disclose the factory price is RMB10. Ltd.000MTs/year Petroleum and petrochemical products.2) Situation of PET in 2005 Production They claim the company started to product PET chip in 1999. SPC has total assets of RMB 28. The company carries out production in accordance with purchasing contracts.000MTs/year Synthetic fiber raw material and synthetic fiber. synthetic resins and plastics. The company produces over 60 different types of products in 4 categories. 1.spc.000MTs/month.1 million MTs/year Synthetic resin and plastics. covering an area of 9. At present. synthetic fibers and plastics. 14 million MTs/year Ethylene. SPC has 72 sets of main production plants including oil refining. Sales They claim the company has the import and export license.18 Sinopec Shanghai Petrochemical Co. synthetic fiber raw materials and synthetic fibers.000MTs/year.48 Jinyi Road Jinshan 200540 Shanghai China P. 950.500 staff members on the regular payroll. 950. such as petroleum products. intermediate petrochemicals. petrochemicals.com. 200.8 billion and 28. petrochemical processing. V-3. Tel: +86-21-57949409 Fax: +86-21-57930116 Person to Contact: Mr. Their filament products are exported to foreign countries.4 square kilometers. Zhang Website: www. and current output is 8.
in 1993.800/MT.R.000~11. They disclose that the price of PET chip went up last week.19 Sichuan Polyester Co. the production capacity was 80.In June 1993. Zigong 643010. Current price of semi-dull chip is RMB10.scjz. Zigong Investment Company and Sichuan Textiles Group Co. technology of polyester staple production line from Japanese TOYOBO. At present. Juxin Road..000MTs/year. Tel: +86-813-5304128 Fax: +86-813-5304138 Person to Contact: Mr.000MTs/year Polyester filament. It started to produce PET in 1982. 70. 117 .000MTs/year Polyester staple.com 1) Company Background Sichuan Polyester Co. Address: No. V-3. Kong Website: www.Production They disclose that SPC’s PET chips are produced by Polyester Department of SPC. Ltd..It has 963 employees.. Sichuan Polyester introduced the technology of polyester production line from American DuPont and equipment from Mitsubishi (Canada) Company. was set up by Sichuan Investment Group Co. P. 2) Situation of PET in 2005 . Da’an. 100. Ltd. At that time. The production structure of Sichuan Polyester is as follows: PET chip. SPC was listed on the Shanghai Stock Exchange. technology of filament production line from Swiss Inventa and equipment from Barmag AG. 20. -Price and Specification The specification of PET chip has bright and semi-dull chips.911 million. the production capacity is 8.000m2.000MTs/month. Sichuan Province. As the price of petroleum goes up. ..000MTs/year.Sales They comment that current market of PET is unfavorable. PET chips cannot bring much profit. Ltd.88. Sichuan Polyester covers an area of 220. the Stock Exchange of Hong Kong Limited and the New York Stock Exchange. Ltd.China. Its total assets were RMB144. 332 of them graduated from colleges and 56 employees have senior and medium professional titles. the price of raw materials rises accordingly.
polyester staple fiber.20 Zhejiang Yuandong Chemical Fiber Group Address: No. Sales They disclose most PET chips are kept to produce polyester filament and staple.000MTs/year melt direct spinning of differential staple fiber adopting Germany Zimmer technology & Fleissner equipment).2) Situation of PET in 2005 Production They claim the output of PET chip is not large at present and the total production capacity of polyester is 90.000MTs/year each from Germany Zimmer AG.com 1) Company Background Zhejiang Yuandong Chemical Fiber Group (Zhejiang Yuandong) specializes in polyester. polyester filament. heat and power plant. 80. Li Website: www. totaling 800. Major products of Zhejiang Yuandong include: POY FDY 118 . 300. dyeing & printing.000MTs/year.yuandonggroup. Japan Morata & Teijin seiki. Ma’an Town. And 100.000MTs/year DTY and 120 million meters colored fabrics for customer processing. P.000MTs/year polyester chips. At present. V-3.R. Zhejiang Province. 500/MT. Shaoxing. East Street. The company produces PET chips in accordance with the purchasing orders. draw texturing.000MTs/year chip spinning of filament using high-speed winders from Germany Barmag. 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. 13867506688 Fax: +86-575-4815967 Person to Contact: Mr. -Price The factory price is RMB10. real estate. Only a small part is sold out. They disclose the price changes frequently because the price of raw material goes up quickly.China Tel: +86-575-4816306. Zhejiang Yuandong possesses 4 complete sets of polyester plant with the capacity of 200.000 MTA polycondesation capacity (in which 420.000MTs/year for melt direct spinning of filament using Germany Barmag high speed winder. 1.
China Tel: +86-571-82799247. Ltd.000MTs/year Met direct polyester filament. Address: Yaqian Town. The product structure is as follows: PET chip. 300/MT at present. 82797888 Fax: +86-571-82759919 Person to Contact: Mr.R. Xiaoshan District. They claim the raw material PTA is imported from foreign countries and its production facilities are introduced from German. Currently it only produces fibre-grade PET chip. . P. 1994..000MTs/year Garment fabrics. Zhejiang Province. V-3.. It changes in accordance with the market situation. Zhejiang Hengyi specializes in the production of polyester. The company itself consumes some PET chip to produce polyester filament. Zhejiang Hengyi covers an area of 530.Production They disclose the company has produced for four or five years.000m² and employs more than 4.000MTs/year Polyester staple fibre processing. Shi Website: www.hengyi. 520. (Zhejiang Hengyi) is a state-owned enterprise established in Oct. . 35 million meters/year 119 . They disclose current output is about 600MTs/day.Price The price is about RMB10. The total asset of this group is close to RMB5 billion.000 staff members. 300.Sales and Export They claim the company has the import and export license.21 Zhejiang Hengyi Group Co.DTY Staple fibre PET chip 2) Situation of PET in 2005 . filature and weaving as well as R & D and trade. Ltd. It carries out production in accordance with purchasing orders. Hangzhou 311209.com 1) Company Background Zhejiang Hengyi Group Co. 80.
R. Huang Changzheng. . ] They claim the production technology and facilities are imported from DuPont Company.Zhejiang Hengyi exports its products to foreign countries.Sales and Export They disclose that the company consumes PET chip to produce filament and staple fibre. Guangzhou 710730. The company has the import and export license. The company also produces polyester filament and polyester staple fibre. 2) Situation of PET in 2005 Production They claim Guangzhou Yamei produces PET chips. Guangdong Province. Ltd. Its workshops cover 80.600/MT.000 area of land. Address: Dongji Sub-zone. The company passed ISO9002 in 1998.22 Guangdong Guangzhou Yamei Polyester Co. P. and the capacity of 75.000MTs/year. (Guangzhou Yamei) is a China. Miss Ni Fuzhen 1) Company Background Guangzhou Yamei Polyester Co. The fibre-grade PET chip in this company is semi-dull chip. and they claim the price is not high in the market. Ltd..Price and Specification They disclose that the current price of fibre-grade PET chip is RMB10.. 2) Situation of PET in 2005 .Production The company only produces fibre-grade PET chip. +86-20-82215900 Person to Contact: Mr. 120 . thus it only sells a part of PET chip. . Guangzhou Economic & Technological Development Zone.China Tel: +86-13925187591. US and Japan trilateral joint venture enterprise with investment of USD70 million. V-3.
Foshan Synthetic Fiber Plant and Spinning Thread Plant. The company has four factories: Foshan Polyester Chip Plant.- Price and Specification They disclose the company produces fibre-grade PET chips including bright and semi-dull chips.R. Address: No.000MTS/year. V-3. The part of Sino-foreign joint capital in Foshan Chemical Fibre has been renamed as Yizheng Chemical Fibre Foshan Polyester Co. P. senior engineering technicians account for 10% and medium engineering technicians account for 30%. The company passed the GB/T 19002-ISO 9002 Standard Authentication in 1998. Foshan Polyester Filament Plant. Ltd.000MTs/year and the rotary drum type polyester viscosity increment facilities of 7000MTs/year. since the Property recombined in 1997. accounting for 1/6 of total staff..45. Dong Website: www. The company has more than 400 experts and technicians. Among them. About Foshan Polyester Chip Plant This plant is equipped with the production capability 72. chips used for non-ordinary type fiber. Fuluo Road. Foshan. Ltd. The continuous polyester viscosity increment facilities of 20.China Tel: +86-757-83986807 Fax: +86-757-83986811 Person to Contact: Mr.com.000 tons/annum..000MTs/year continuous polyester production equipment and the intermittent polyester production equipment of 14.cn ` 1) Company Background Foshan Chemical Fibre Complex Co. Total production capability of the company is 150. Chancheng District.fcf. Main products of this plant include: semi-dull and bright chips. Guangdong Province.23 Guangdong Fushan Chemical Fibre Complex Co. (Foshan Chemical). 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 . Ltd..
000MTs/year.000MTs/year and it is the midseason for filament at present. Ltd. (Hainan Xingye) was set up by Hainan Textile Industry Company. Sales and Export They disclose most PET chips produced by the company are used to produce filament.24 Hainan Xingye Polyester Co.. Ltd.000MTs/year. which is a downstream product of PET chips. the output of Guangdong Kaiping Polyester Enterprises Group Co. The daily output of PET chips is 230~240MTs. With respect to PET filament. 000/MT. P.R. Its production capacity is about 180. and all materials for PET are exported from foreign countries. about 400.They claim that the production capacity of PET chips in this company is about 70. The company has two production lines of PET. They claim the situation of PET market is the worst in 2005 among recent few years and believe it will turn better in 2008.19. Address: No. is very large. Tel: +86-898-68669470 Fax: +86-898-68664045 Person to Contact: Mr. Raw Material They disclose raw materials are expensive at present. BOC Haikou Trust and 122 . Other Information They disclose that Guangdong Zhuhai Yuhua Polyester Co. Ltd. Haikou.000MTs/year. Ltd. The production capacity of filament is 35. They also disclose that this company is a state-owned company and it is in the process of restructuring. V-3. Hainan.. Hainan International (Oversea) Investment Co. They products were exported to Southeast Asia sometimes but they are mainly sold in China at present. Wang 1) Company Background Hainan Xingye Polyester Co.. also produces PET chips.. Gang'ao Industrial District. Price Current price of PET chips is claimed to be about RMB11. Xinye Road.China. Ltd. and the company also produces polyester filament.. thus the both production lines of PET are carrying out full-scale production. and only a small part is sold to others.
. Hainan completed its first phase of PET project was completed.000MTs/year. Ltd.Production They claim the company has been produced PET chips for about ten years. At present. P. The capacity is 160. Spin materials. The production capacity is 60. Address: Shaoxin Road.000MTs/year In Jul 2004 Xingye Polyester expanded the bottle-grade PET polyester chip production installation. 2) Situation of PET in 2005 ..25 Sichuan Guangkang Chemical Fibre Co. In 1995.000MTs/year. Tel: +86-838-5101959 Fax: +86-838-5100500 Person to Contact: Mr.R. At present. Chemical fibre.000MTs/year. . V-3. Guanghan. Ltd. accounting for 35%. The capacity of PET downstream product filament is 60. The total investment is about RMB 350 million. It covers an area of 117. 123 . China Communications Bank Nanhai Branch and Zhongji Hainan Industry Co. while the price of polyester products is comparatively relatively low in the market. Ltd. In 1992. Zhou (Sales Manager) 1) Company Background Sichuan Guangkang Chemical Fibre Co.Sales They say almost all the PET chips of this company are consumed by the company itself to produce filament. Sichuan Guangkang has 325 employees and more than 100 of them received education in technical school and college. the capacity of PET filament reached 60.000MTs/year. Chemical products. the company’s operation is in the process of loss.(Sichuan Guangkang) is a joint venture. 000m2.China. the capacity of PET Polyester reached 60. Sichuan.Investment Company. Because raw materials are expensive.. They disclose the company will not sell PET chip in the future. In 2002. Main products of this company include: Polyester chip.
000MTs/year PET project in 1995. However. and started the first phase. V-3..com. Mr. 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.Cai Website: www. In addition the company is exclusive producer for PET in southwest District and northwest District. 30. Address: North side of Xigang Bridge. Xu. its production capacity is 40.soe-film. Shantou515041. Guangdong Province.R. P. Sales and Export Most PET chips produced by this company are consumed by the company itself. of the 60.000MTs/year.China (PET resins factory) Tel: +86-754-8231485. 8603975 Fax: +86-754-8251298 Person to Contact: Mr.000MTs/year non-fibre-grade PET chip.000MTs. Here the products occupy 95% of polyester chip in marketplace. Huange Road. Guangdong Province. Price and Specification They disclose the company can offer bottle-grade chips with viscidity about 0. The company has passed ISO9002 and got American FDA certification.85. but they disclose this price is negotiable.R.000MTs/year. and monthly output is more than 3. Shantou 515041. The Production capacity is 40. The price of bottle-grade chips is RMB11. Daxue Road.cn 1) Company Background 124 .The company introduced technology and equipment from INVENTA company of EMS Group in Switzerland. At present. Ltd.78 and above 0.26 Guangdong Shantou SOE First Polyester Films Co.37. P.China (PET films factory) No. it supplies PET products to long-term clients as well.
stamping foil grade PET films metallizing grade PET films laminating grade PET films laser homographic anti-counterfeit trademark grade PET films high transparency PET films for golden and silver card application black PET films The thickness range of its film products is 8-36 micron (0. Shantou SOE is a subsidiary of Guangdong Shantou Ocean Enterprise (Group) Company (SOE)..PET and co-PET chips. It produces PET and BOPET...036mm) and width range is 330mm-1500mm. 125 . (Shantou SOE) is a joint venture company. etc. Quanzhou Quangang SOE First Polyphenyl Co. Ltd. video base film and packaging PET films. Ltd. Shantou SOE has equipped two sets of independent additives preparation systems...008-0. Film products of this company include: audio base grade PET films packaging grade PET films hot . homo. 2) Situation of PET in 2005 Production The company is a joint venture. etc. Major PET chips include film grade and bottle grade bright chips... Ltd. Shantou SOE First Polyphenyl Co. The bottle grade PET resin acquired the authentication of Coca cola and PEPSI cola and FDA. SOE consists of Shantou SOE First Polyester Films Co. specializing in manufacturing and marketing of polyethylene terephthalate (PET chips or polyester resins) & Biaxially Oriented Polyester Films (BOPET films or PET films) in China. The company introduced complete film production line and technology from Germany Brückner Company and PET production equipment and technology from Germany ZIMMER Company. Ltd. (UL) and packaging grade PET film acquired the authentication of American Food & Drug Administration (FDA). Shantou SOE’s quality guarantee system passed the auditing of Chinese GACC GB/T 19002 and Germany TÜV ISO 9002 in July 1995. The capacitor application PET film acquired the certificate of American Underwriters Laboratories Inc.Shantou SOE First Polyester Films Co. film grade PET chips are include audio base film.
They disclose that the market of PET chips was not very good last year. The price for film chip with additive is RMB10. The company adopts glycol and PTA as the raw materials. But because production capacity is little. film grade chips accounting for 1/3 and bottle grade chips accounting for 2/3 The price for PET film is ranging from RMB10. they claim the company started to commence the production in 1990.China Tel: +86-991-69015711 Fax: +86-991-6912828 Website: www. V-3.000MTs/year. R. At that time the designed capacity was 12.upc-chem. Species. film chip with additive and bright film chip (without additive). They disclose that at present his company has no PET stock for packaging industry. They comment that the prices are slightly high. P. Xinjiang. Their products are sold in China and aboard such as Europe and America. 500/MT. and film grade chip has two species. the production capacity is 3.000MTs.000MTs/year and the output last year is claimed to be 3. later than PET film production. the consumers mainly distribute in local area. 500/MT and RMB11. and they can produce different species according to clients’ requirements. Urumchi 830019. The prices are effective for about one month. Price & Packaging They claim the company has many species of PET film products.com 1) Company Background 126 .They claim the company has been producing PET film for more than ten years. which are produced by the company itself. table-water bottle and so on.27 Xinjiang Urumqi Petrochemical Complex Chemical Factory Address: Dongshan. 000~RMB30. PET chip includes film grade and bottle grade. 000. Sales and Export The company has imported and export license. They claim the production technology and facility of BOPET was imported from German Bruckner. With respect to PET chips. At present.000MTs/year currently. They disclose their clients purchase PET products to produce drink bottle. and it increased to 15. canned bottle.
000MTs/year. 1. material supply. It has already established serial development and production organization of relative products such as amino. carbon dioxide.000MTs of melamine and the formaldehyde units with production capability of formaldehyde of 30. Price and Specification They claim UPC doesn’t produce bottle-grade and film-grade chips but fibre-grade. long-efficient urea.000MTs/month at most. Products of UPC are sold in China and exported to many countries and regions such as Russia. 200/MT. Sales and Export They claim UPC has import and export license. The Chemical Factory of UPC possesses the melamine unit with an annual capability of 12. Southeast Asia and Middle East.com 1) Company Background 127 .Xinjiang Urumqi Petrochemical Complex Chemical Factory (UPC) was established 1975 and has been subordinated to CNPC (China National Petroleum Corporation) since 1998. P. 2) Situation of PET in 2005 Production They claim UPC has produced PET chips for several years. Ltd Address: Hangzhou Bay New Zone.28 Zhejiang Zhenbang Fibre Co. amino-plastics. Current price is RMB10. Power Plant as well as some specialized service organizations such as equipment installation. The Chemical Factory of UPC has passed the ISO9001: 2000.. burning-proof bubbling foam materials and liquid ammonia. Current output is 700~800MTs/month. Plastics Plant. Cixi 315334. But usually they don’t export PET chips V-3.zbcfc. Tel: +86-574-63070099 Fax: +86-574-63070888 Person to Contact: Mr. UPC consists of Chemical Factory. engineering and transportation.China.R. Zheng Website: www. Zhejiang Province. They estimate the price will go up next month. resin powder.
China Tel: +86-379-63382392 Fax：+86-379-63382783 Person to Contact: Mr.2 polyester fiber factory. Ltd and Ningbo Anbang Fibre Co. Henan Province.000MTs/year. Ling Website: www. The company also produces filament with PET melt. They claim the company is an integrated enterprise and have been producing PET chip for two years. Its annual capacity is 200. Its main products include: polyester chips staple fiber filament DTY elastic fiber colored PP filament 2) Situation of PET in 2005 They disclose that the company’s production facility is in the process of maintenance and it has stopped production. The production capacity is 20.000 square meters.com 1) Company Background Henan Luoyang Nanfeng Polyester Co. The company was established in May 1997. (Luoyang Nanfeng) is held by China Airbome Missile Academy. It has 1. Luoyang Nanfeng specializes in the research and production of different polyester chips. and holds the stocks of Ningbo Donghong Fibre Co. and also provides consultation and service of polyester producing system.000MTs/year. It claims on its website that it is the first private enterprise in the staple fibre and elastic fiber industry in China and. Luoyang 471003. Ltd. Ltd.000MTs/month after maintenance.lypet. Ltd. (Zhejiang Zhenbang) was founded in 1990. Zhejiang Zhenbang owns No. P.Zhejiang Zhenbang Fibre Co..29 Henan Luoyang Nanfeng Polyester Co. The production capacity of PET chips is 1. All PET chips produced by this company are for sale. Its total assets have reached RMB1 billion.300 employees and covers an area of 635. V-3. Ltd. The company’s differential PET chips include: 128 .. was the first company that successfully operated 100MTs/day (single line) polyester staple fiber line. The production will not be resumed until Sep 15. Address: Lichun West Road..1 polyester fiber factory and No..R.
The company also produces bottle and film grade chips. They are willing to offer bottle and film grade chips for long term. They disclose that the company mainly produces special PET chips.000MTs/month. The company carries out production according to purchasing contracts. The production capacity is 1. Price They disclose that the factory price is RMB10. 500~10.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. but the quantity is small.600/MT. 129 .
The company will be put into production in 2006..V-4 Potential New PET Manufacturers V-4. P. About Anhui Tongfeng Anhui Tongfeng is a large corporation in China specializing in the development of electronic information materials. solar control window film for automobiles and buildings. According to the contract. latest type electronic elements and energy-saving power equipment. Ltd. Anhui Province. Ltd. SKC is the fourth largest polyester film producer in the world and the largest in Korea. metallized film and film capacitors. Ltd. 2004. It is a sub-company of SK Group in Korea. and dicing tapes for protecting and holding semiconductor wafers. Anhui TSF will produce polyester film for capacitor. SKC holds 25% stake and Anhui Tongfeng holds 75% stake in the company.China 1) Company Background SKC Co. SKC mainly produces polyester film. Anhui Province on Nov.1 Anhui TSF Electric Materials Co. Address: Tongling. and Anhui Tongfeng Electrics Co. information and electronic materials such as thermal ribbon for video printers.. (Anhui Tongfeng) signed an agreement to joint set up the Anhui TSF Electric Materials Co.. the registered capital of Anhui TSF will be USD12 million. Anhui Tongfeng mainly produces a complete series of capacitor film.R. (Anhui TSF) in Tongling. 130 . products series of artificial crystalloid materials and crystalloid frequency elements and product series of ceramic chip-style inductor. and also produce imaging. which can be used in almost all white goods. About SKC SKC was established in 1976. Ltd..
131 .V-5 Closed PET Manufacturing Sites Not available.
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