China Shuts Down Polyester Plants, Industry Sees Ripple Effect

China is shutting down polyester plants

As part of an unprecedented crackdown on pollution from its manufacturing sector, the Chinese government has shut down nearly 40 percent of its manufacturing facilities nationwide, with a heavy impact on the textiles industry. The pollution reduction program, initiated in 2016, has applied fines and criminal charges, as well as shutdown orders, to more than […]