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Jiangsu Hengli Chemical Fibre reduced the operating rates at its facility

December 22/2011

(CHEMMONITOR) -- Jiangsu Hengli Chemical Fibre reduced the operating rates at its facility in Jiangsu (China) to 50%.


Jiangsu Hengli Chemical Fibre reduced the operating rates at its PET facility

The Chinese company arrived at the decision to operate its unit at lower rates in view of seasonal slowdown of market activity.


The plant was brought on stream at the beginning of this month, and it manufactures polyethylene terephthalate (PET) bottle chip. Its nominal capacity totals 400,000 tonnes per annum.


Meanwhile, Jiangsu Hengli does not intend to boost its PET bottle chip output in the short term since the market sentiment remains weak.


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