Demand for PET bottles increased rapidly

As the demand for packaging water in China, India, and European bottled beer has risen, the global demand for PET pellets has risen sharply. In 2008, the global average utilization rate of PET pellets will still reach 80%.

According to the China Textile News reported on January 16, the demand for global bottled polyester pellets has risen sharply, driven by rising demand for packaging water in China, India, and European bottled beer. Due to the small new production capacity in 2008, the average global bottle ester utilization rate will still reach 80%. According to statistics, in 2007, the global capacity of bottle ester equipment was 17.1 million tons, actually 133.35 million tons; in 2008, the global production capacity increased slightly to 17.94 million tons, an increase of only 5%, and actually opened about 14.41 million tons. The average capacity utilization is about 80%.

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