Some large new PET capacity additions are scheduled to come on-line in China in 2012, adding over 1.5 mln tons of new PET capacity. This will heat up competition within the domestic market. As a resullt, PET producers plan to increase their export sales in 2012, as per ChemOrbis, amid concerns among some sellers that the market may become saturated if producers do not ramp up their export activities.
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Wednesday, January 11, 2012
PET producers in China to increase exports in 2012 on increased domestic competition
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