16 August 2012 05:57 [Source: ICIS news]
The line was shutdown on 5 August and will be restarted around 20 August during which production output will be switched to fibre, the company source said.
“The PET bottle market is so bad that we have suffered a loss these days,” the company source said.
“We expect to switch to produce bright PET chips as the PET chips could still make margins now, but it is not totally confirmed,” the source added.
The company’s other 6 PET bottle lines with a total capacity of
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