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China's resin, plastic product output climb by 23 percent and 21 percent in first half of 2010

from Plastics Today

Whatever slowdown the sector might have experienced in 2009, China's plastics industry has accelerated past 2009's economic speed bump to double-digit gains in plastic and plastic products over the first half of 2010. The Research in China report shows that synthetic resin production rose 23.21 percent in the first half of 2010 over the year-earlier period to 21.07 million tons. The sector's profits totaled RMB 8.04 billion ($1.183 billion), which was up 54 percent year-on-year, while the output of plastic products rose 21.11 percent to 25.76 million tons. more

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