17 February 2012 09:12 [Source: ICIS news]
“Trial run has already started and on-spec material is expected latest by 10 March,” the source added in Mandarin.
Zhejiang Wankai New Materials Co has an existing 250,000 tonne/year plant at the same site and with the addition of the new plant the company's total PET capacity will increase to 650,000 tonnes/year.
Capacity expansions by producers including Zhejiang Wankai, China Resources and Thailand-based Indorama Ventures Ltd (IVL) will lift the nation’s nameplate bottle chip capacity to 6.5m tonnes/year in 2012, from 4.9m tonnes/year in 2011.
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