Players: Average PET operating rates around 60-70% in China
by ChemOrbis Editorial Team - content@chemorbis.com
According to players, average operating rates at China’s PET factories are currently averaging around 60-70%. Zhejiang Hengyi, Baosheng PET, Xiamen Tenglong, Lanshan Tunhe and Zhuhai Huarun are all said to be operatring at full rates, with the combined capacity of these plants coming to around 980,000 tons/year. Zhejiang Wankai is also running its 650,000 tons/year plant at full capacity after restarting a 400,000 tons/year line last week.
Meanwhile, Huarun Huadong is planning to restart a 400,000 tons/year line by the end of the week, which would bring operating rates at its 1 million tons/year facility to around 70%. Elsewhere, Jiangsu Sanfangxiang is reportedly running its 1.5 million tons/year PET plant at around 50-60% of capacity while Hainan Yisheng is running its 1 million tons/year plant at 70% of capacity.
Meanwhile, Huarun Huadong is planning to restart a 400,000 tons/year line by the end of the week, which would bring operating rates at its 1 million tons/year facility to around 70%. Elsewhere, Jiangsu Sanfangxiang is reportedly running its 1.5 million tons/year PET plant at around 50-60% of capacity while Hainan Yisheng is running its 1 million tons/year plant at 70% of capacity.
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