17 August 2012 08:11 [Source: ICIS news]
SINGAPORE (ICIS)--China Resources (Holdings) has shut down its two polyethylene terephthalate (PET) bottle chip lines with total capacity of 400,000 tonnes/year at ?xml:namespace>
“We had to shut down the lines to avoid further loss,” the source added “the lines will be restarted when the market picks up.”
The company has two other lines at
In addition, the company also has a 300,000 tonnes/year PET bottle line running at 80% capacity at Zhuhai in
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