Tuesday, February 19, 2008

A new technology offers cost benefit to PET producers

PET business is in a transition phase since early 2000. Not only is the profitability of PET business reducing; but growth in the sector has also reduced since 2002. With oil prices hovering around US$80-90, there seems to be no respite for this industry. Globally stiff competition has grown, particularly from smaller manufacturers of Asia. Projects b the Middle Eastern producers could also pose tough competition on account of lower feedstock prices.

For more details please click on the following link
http://www.plastemart.com/upload/Literature/New-technology-offers-cost-benefit-to-PET-producers.asp

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