"In December 2019, PET China signed a long-term lease on a 12,000 square metre,
factory/warehouse facility, three times the size of the present facility and close to the existing
factory. Local government has provided substantial incentives to remain in Changxing.
This facility is able to house up to four 20,000 tpa production lines, along with significant
storage. The first line is scheduled to take six months to get into production, with work
commencing after Chinese New Year"
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