Jiangyin Chengold plans to start up new PET capacities
by ChemOrbis Editorial Team - content@chemorbis.com
According to sources close to China’s Jiangyin Chengold Packaging Materials, the company is set to start up its new PET line in China by early January.
With the addition of the new 600,000 tons/year line, the company’s total PET production capacity is expected to reach 1.2 million tons/year.
With the addition of the new 600,000 tons/year line, the company’s total PET production capacity is expected to reach 1.2 million tons/year.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Middle East PP, PE outlook for 2025: A double whammy of low demand and new capacity additions
- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
- PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players
- Lower parity, rising freight rates repel European polymer buyers from imports