Shin Kong bottle with polyester pellets will increase production
Taiwan Xinguang Synthetic Fiber Co., Ltd. held the 41st anniversary of the Zhongmu Plant today. Chairman Wu Dongsheng said that the two-year investment plan of RMB 6 billion will be quite smooth, and the capacity of the bottled polyester pellets will increase to 42,000 metric tons in November.
He Xianzhong, general manager of the new fiber, said that this year, New Fiber has completed many investment plans, and the production capacity and output of various products have increased a lot. For example, the bulk of bottled polyester pellets will have a solid polyester pellet capacity of approximately 12,000 metric tons per month from November, plus 15,000 metric tons per month for factories in Taiwan and Thailand. Up to 42,000 metric tons of polyester pellets each month are expected to contribute substantially to next year's revenue. Taiwan New Fibre launched a two-year, six-billion-dollar investment plan from the end of 2009. The main projects include the blow bottle equipment, film, engineering plastics, solid-state polymerization, and Shinco Optoelectronics' photoelectric film of Baote Bottle have completed the fourth production line. And from last year, another two-year investment plan of 24 billion yuan will be made.
　 He Xianzhong pointed out that the company's subsidiary, Pan Asia Polyester Co., Ltd.'s Baote Bottle Blow Molding Machine originally produced approximately 20 million bottles of special bottle preforms, with an additional monthly production capacity of 15 million bottle preforms, of which 10 million. The bottle preforms can be fully supplied to domestic beverage manufacturers. The remaining 10 million bottle embryos are sold to small and medium beverage plants. The other 15 million bottle embryos are exported to Japan, Hong Kong and Singapore.
The optoelectronic film segment of Shinco Optoelectronics, which has been reinvested, currently has three production lines. By the end of this year, the fourth production line will be completed, with a monthly increase of 1,500 metric tons. He Xianzhong said that these new optical grade films can be fully used in the Group's optoelectronics production business, including the supply of Youhui Optoelectronics and Xinhui Optoelectronics.
As for the engineering plastics part of the Hangzhou plant in mainland China, He Xianzhong said that since it was put into production in October last year, it is estimated that the target of producing 1,500 metric tons per month will be reached by the end of this year. With the increase in the rate of marging, the engineering plastics production capacity of Taiwan plants will be increased. It can increase from 2,500 metric tons per month to 4,000 metric tons.
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