The COVID-19 pandemic has not had any major impact on production in Taiwan’s upstream and downstream polyester market. However, it has affected consumption to certain extent, says CCF Group report. Taiwan is big import and export province in China. Its PTA capacity totals 3.95 million tonne and all PTA units run normally, except for CAPCO’s 700kt/year unit running at 90 per cent.

Taiwan has a Polyester capacity amounting to 4.63 million tonne/year. Its factories reported no major influence of the pandemic and large-scaled power on their operations. The country also produces 1.62 million tonne/year of PET bottle chips.

At present, the epidemic basically has no impact on the operation of local PET bottle chip plants. However, the island is mainly concerned about the problem of water shortage, which might face problems if the drought continues.