The hottest global packaging polyester industry de

The global packaging polyester industry has developed rapidly

in recent years, the growth in the production and sales of polyester bottles has not only brought huge business opportunities to upstream manufacturers engaged in the production of polyester bottle chips, but also further promoted the development of the global polyester industry. With the improvement of polyester bottle chip production technology and the improvement of cleaning equipment and mold technology with clean gauze, and the innovation of packaging technology, polyester bottle chip packaging materials have been gradually applied in the fields of food, beverage, edible oil, condiments, and expensive drugs. Because polyester bottle chips can better replace traditional packaging materials such as PVC, aluminum and glass, their market development potential is great

at present, the demand for polyester bottle chips has increased significantly, and has become the fastest growing product in polyester. With the rapid growth of polyester bottle chip production capacity and market demand, it is expected that the global polyester bottle chip production capacity and market demand growth rate will remain above 15% in the next few years. It is expected that the global polyester bottle chip production capacity will reach more than 10million tons in 2007, and its proportion in the total polyester output will rise from 16% to 24%. Recently, the new and proposed polyester bottle slicing device of international companies has attracted the attention of the industry

Dow has built a new polyester bottle chip factory in Germany. In the first half of last year, the European Union (EU) approved Dow Bayer materials technology of the United States to provide brand makers with system solutions from the research and development of new water-based PU coated fabrics to the scope of production. The company invested US $33.5 million to expand the polyester chip production plant in schkopau, Germany. Dow Chemical plans to build a second polyester bottle chip production plant with an annual output of 175000 tons in schkopau, Saxony in eastern Germany. The project involves polymer polyester bottle chips, and the market prospect is very good. The average annual growth rate is expected to be 9.7% before 2007. In Europe, 90% of polyester bottle chips are used for bottle production, 8% for other packaging, and 2% for surface coating

Thailand polyester bottle slicing company newly built factory. Thailand polyester bottle slicing company, located in Rayong Mata Province, Thailand, has begun commercial operation of its 100000 ton annual polyester bottle slicing device, which adopts Jima's liquid-phase polymerization technology and Buhler's solid-phase polycondensation technology. Thailand polyester bottle and chip company has made equity adjustment two years ago. The shareholding proportions of three shareholders are: Mitsui chemical (40%), Toray Industrial Company (40%) and Thailand chemical company (20%)

SK chemical of South Korea invested in the construction of polyester bottle chip factory in Poland. In order to expand the European market, SK chemical company of South Korea invested and built a polyester bottle slicing device with an annual output of 120000 tons in Poland. Sk chemical holds 60% of the shares in the plant, with an investment of US $7.3 million and intangible assets worth US $12.5 million. Anewil, a Polish chemical enterprise, will invest US $6.6 million and hold 2% of its shares, while providing construction land for factories located near the Polish capital Warsaw. Other shareholders include the European bank for reconstruction and development (EBRD), with a 10% stake. EBRD and several other European financial institutions as well as local banks in pelan agreed to raise $40million for the project. After the new device is put into operation; Sk chemical company's global annual production capacity of polyester bottle chips will reach 420000 tons. The company plans to further increase the annual production capacity of polyester bottle chips to 1million tons by 2010

high nickel materials mainly refer to the new polyester bottle slicing project of selenis in Huesca, Spain. Selenis' new polyester bottle slicing project with an annual output of 150000 tons in huesa, Spain, was put into operation in early 2005. After being put into operation, the total polyester production capacity of samca group will reach 300000 tons/year, making it the largest polyester producer in Spain

indoraspl group plans to build a polyester bottle slicing device in Lithuania. Indoramaspl group, controlled by splohia, plans to build a new polyester bottle slicing device with a daily output of 500 tons in Lithuania. At present, the group has five packaging resin manufacturers in Indonesia, Thailand, the United States and Romania, with a total annual production capacity of more than 300000 tons