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
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections