APIC’13: Taiwan’s Lealea Enteprise runs bottle chip line at 60%

10 May 2013 10:04  [Source: ICIS news]

TAIPEI (ICIS)--Taiwan's Lealea Enterprise is running its 100,000 tonnes/year polyethylene terephthalate (PET) bottle chips unit at 60% of capacity, a company source said late on Thursday.

“We are keeping our operating rate low as the export prices are not as high as we would like it to be,” the source said at the sidelines of the Asia Petrochemical Industry Conference (APIC) in Taipei.

Lealea Enterprise is Taiwan’s major synthetic textile producer and it started up the PET bottle-grade chips line at Changhua County in late 2010.

Other major PET bottle chip producers in Taiwan include Far Eastern New Century Corp, Shinkong Synthetic Fibers Corp and Nan Ya Plastics Corp.

APIC 2013 runs from 9-10 May.

By: Yu Guo
+65 6780 4359

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