CRCCHEM: It is expected that PET production capacity will still be in periodic surplus in 2025
CRCCHEM recently stated at the performance briefing that it expects a phased oversupply of PET capacity in 2025. The company will be more determined to reduce costs, improve quality, and enhance efficiency, vigorously promote transformation and innovation, focus on "dual cores and one strength," increase efforts to develop high-ratio rPET, high-performance PETG, temperature-resistant PET, and do its utmost to stabilize and improve performance, while continuously enhancing shareholder returns
