Chinese beer drinkers favor PET bottles? (PN China Blog

Return to The PN China Blog home page
Go to the PlasticsNews.com/China home page

« A search for source | Main | PLA-coated paper dishware »

Chinese beer drinkers favor PET bottles?

Taiwan's Economics Daily News recently reported a large-scale project of PET beer bottles in the mainland.

Publicly-held Taiwanese conglomerate Far East Group is adding plastic bottles to its diverse portfolio. It announced that its first PET beer bottle factory will start production in Suzhou in the second quarter of 2008. The investor, Far East Textile Ltd. (FETL), expected an initial annual capacity of 560 million bottles and 2 billion yuan of sales.

The paper cited the company's official:

FETL is aiming to take the market opportunities offered by the BeijingOlympics. The company also is interested in partnering with mainland local or international soft drinks makers. Being the largest supplier of PET resin in China, FETL has made technical progress on PET beer bottles, which are more technically challenging than PET bottles used for water and soft drinks.

FETL will be competing with Chinas largest PET bottle maker Zhuhai Zhongfu Enterprise Co. Ltd., the only Chinese firm spearheading in the PET beer bottle market. Its major revenue stream still comes from the soft drinks sector, and it claims to supply over half of the plastic bottles used by the Chinaoperations of Coco Cola and Pepsis. But the public company said PET beer bottle is the major goal in the next few years, reported by Chinas's Security Daily.

Zhongfu currently has an annual capacity of 5 billion PET bottles.

Chinas domestic beer consumption tops 20 million metric tons annually, translating to 30 billion packaging bottles.

Posted by Nina Ying Sun on August 7, 2007 4:38 PM | Permalink

TRACKBACK

TrackBack URL for this entry:
http://www.plasticsnews.com/mt-tb.cgi/1627

COMMENTS (1)

VonWrossy:

Hi,

I have been reading this blog for some time now but never bothered to comment until today. Wanted to let you know that I am a fan and enjoy your work.

Thanks,

Posted by VonWrossy | August 3, 2008 4:01 AM