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Asian Chemical Connections

China Polyester: Failure To Ask The Right Questions

By John Richardson HERE is a historical account of what has gone wrong with China’s polyester industry: Apparel and non-apparel manufacturers were first encouraged to back-integrate to polyester fibres production and then to purified terephthalic (PTA) as the central government sought to develop the economy through import substitution. This might have been fine without decision […]

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