Global demand for polyester PET PET bottles grow rapidly

Global demand for polyester PET PET bottles has grown rapidly and potential business opportunities have increased. Taiwan's polyester chemical fiber plants have rushed in. Yuanfang (1402), Xinxian (1409), and Lili (1444) all plan to invest at least RMB 100 million in code expansion. Production and legal persons estimate that in the next two or two years, the revenues of the three companies can grow by 10% due to the increase in capacity of the PET plant.
Last year, Farnell announced that it will spend US$100 million to set up a bottle-produced polyester pellet factory with a capacity of 280,000 tons in Suzhou. According to the plan of Everspin, mass production will be available in the second quarter of this year.
The polyester industry said that according to statistics, the global amount of polyester is about 41.49 million tons, of which PET (non-woven polyester, bottle polyester) accounts for about 31%.
The amount of polyester in mainland China is 16.87 million tons, PET also accounts for one or two percent, and the annual growth of PET is continuously increasing; the capacity of Farsighted Spinners can be far spinning. Bring nearly 10 billion yuan in revenue.
In the past two years, the original cotton polymer production line of the new fiber has turned to the production of bottle ester pellets. According to statistics, the production volume of ester pellets for Taiwan's factory bottle is 500 tons per day, and that of the Thai factory is 700 tons, while there is one production line in Taiwan. It is estimated that by mid-2009, Taiwan's daily output will reach 750 tons.
Li Li, a Taiwan-based chemical fiber plant, also stated that Lili will invest 200 million yuan to add equipment into the bottle ester market, and is expected to produce volume in the fourth quarter with a daily output of 300 tons.
Li Li said that Li Li has shown steady growth recently. However, if explosive forces are required, new weapons are needed. Although the global supply and demand side of bottles is in excess of demand, the demand is still growing every year. If the technology is further refined in the future, beer will be developed. When you use a special bottle, your business opportunities will be infinite.
The legal person estimates that the price of bottle esters is about RMB 35 or so per kilogram. If Lili’s new production capacity is fully opened, Lili will be able to bring in more than RMB 3 billion in revenue for one year.