Hainan Yisheng Petrochemical plans to launch moved PET plant in March 2017 - Arhive
Hainan Yisheng Petrochemical PET plant
MOSCOW (MRC) – China Hainan Yisheng Petrochemical is planning to launch production capacity of polyethylene terephthalate (PET), moved from Shanghai to Hainan city (the Hainan, China), in March 2017, ICIS reported, citing a source in the company.
. The plant capacity of 250 thousand tons of PET per year initially in Shanghai was controlled by a group of Zhejiang Hengyi, which is currently part of the parent company Hainan Yisheng Petrochemical – Hengyi Petrochemical Co., Ltd.
The company intends to launch another plant with capacity of 250 th. Tons per year on the same site in June 2017.
Company Hainan Yisheng Petrochemical production of PET has already been on site in Hainan capacity of 1 million tons per year.
As reported MRC earlier, Yisheng Petrochemical – the largest supplier of PET to the Russian market. In January – August 2016 delivery PET Chinese manufacturer in the Russian market amounted to more than 30.8 thousand tons..
According to the price review the MRC-of ICIS , last week in China, the price of PET bottle in the hallway voiced USD850-880 per ton, FOB China. Major transactions were in the hallway USD855-865 per ton, FOB China.
Yisheng Petrochemical Co., Ltd. It operates plants for the production of purified terephthalic acid (PTA) in China. The company was founded in 2003 and is based in Ningbo, China. Yisheng Petrochemical Co., Ltd. It is a subsidiary of Hengyi Petrochemical Co., Ltd.
Author: Anna Larionova