China’s Zhejiang Wankai faces unplanned PET shutdown
by ChemOrbis Editorial Team - content@chemorbis.com
According to sources close to the company, China’s Zhejiang Wankai New Materials Co. unexpectedly shut its No 1 and No 2 PET lines at the end of July.
The 250,000 tons/year No 1 line is expected to resume production this week while the No 2 line will come back online in September. The No 2 line can produce 400,000 tons/year.
Meanwhile, the company’s No 3 line is running smoothly now with full operating rates. The No 3 line has a production capacity of 550,000 tons/year.
The 250,000 tons/year No 1 line is expected to resume production this week while the No 2 line will come back online in September. The No 2 line can produce 400,000 tons/year.
Meanwhile, the company’s No 3 line is running smoothly now with full operating rates. The No 3 line has a production capacity of 550,000 tons/year.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Taiwan’s Dec PVC prices to India expected to hold steady as players await ADD clarity
- Stats: Türkiye’s Q3 polymer imports down 9.5% year over year
- India's ADD proposal continues to echo through PVC markets: World’s largest buyer reshapes global trade
- Stats: Türkiye’s cumulative polymer imports hit 3-year low in Jan-Sept
- PP, PE markets torn between firmer monomers and poor dynamics in Europe
- Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand
- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
