1) Polyester plant design and engineering is becoming more competitive as new companies enter the market, particularly in China, where domestic Chinese engineering capabilities are growing.
2) Traditional large engineering companies still dominate the largest plants at 800 tons/day or more, while new companies have increased their market share and can build plants up to 600 tons/day.
3) There is a trend toward simplifying polyester processes by reducing the number of steps to cut costs, with some new technologies achieving savings of up to 21% in conversion costs.