Yizheng Chemical Fibre to increase annual PTA product capacity by 450,000 tons
Fu Xing-tang, chairman of Yizheng Chemical Fibre (1033) said in the statement of its earnings report that the company planned to increase the annual PTA product capacity by 450,000 tons in five years and meanwhile to increase the annual polyester product capacity by 500,000 tons. But Mr Fu didn¡¦t reveal the amount of investment.He also pointed out that the steady increase of China macro-economy and the promising prospect of textile industry would help to promote the market demands of polyester products.
Related stock : (1033)