China’s Dragon Special shuts Xiamen PET bottle-grade chips line

24 October 2013 08:14  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Dragon Special Resins shut  its 240,000 tonne/year polyethylene terephthalate (PET) bottle-grade chips line at Xiamen, Fujian province, on 19 October for maintenance, a company source said on Thursday.

Tight margins and  weak market sentiment had led the company to shut the PET bottle-grade chips line at short notice, the source said without specifying a restart date.

The plant was previously operating at 70% capacity before the shutdown, added the source.

By: Xia Xue
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