Chinese polyester makes sellers sweat

Ong, Chuan; Brice, Andy
May 2007
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p32
Trade Publication
The article reports on the pressure facing polyester makers in Taiwan and South Korea because of the lower prices offered by Chinese suppliers for common polyester grades. Besides lower manufacturing costs, Chinese producers also have a geographical advantage. A Korean producer says business is tough enough as it is, but high feedstock prices are further squeezing their export margins. A Taiwanese producer notes that their reputation has been crucial to their survival in the export market.


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