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China Resources Materials: It is expected that PET production capacity will still be in periodic oversupply in 2025.
Jin10 Data, May 12th: China Resources Materials recently stated at a performance briefing that it expects PET production capacity to still be in a phase of oversupply in 2025. The company will further strengthen its efforts to reduce costs and improve quality and efficiency, vigorously promote transformation and innovation, focus on "dual cores and one strength," and increase the development of high-ratio rPET, high-performance PETG, heat-resistant PET, and other products. It will spare no effort to stabilize and improve performance and continuously enhance shareholder returns.