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T/T: A telegraphic transfer (T/T) is an electronic method of transferring funds utilized primarily for overseas wire transactions. Telegraphic transfers are also known as telex transfers, abbreviated T/T; T/Ts can also refer to other types of transfers.
L/C: An L/C at sight is a letter of credit (L/C) that is payable immediately – within five to ten days – after the seller meets the requirements of the letter of credit.
Polyethylene Terephthalate (PET)
What is PET plastic?
Polyethylene terephthalate (called PET, PETE or PETP or PET-P) is a thermoplastic, belongs to the Polyester plastic and is used in synthetic fibers, beverage containers, food and other pressable liquids. Spraying to shape and often combined with fiberglass in industry.
Application of PET Plastic (Polyethylene Terephthalate PET)
- Due to its high waterproofing, PET is used as bottles, containers of pure water, carbonated soft drinks. In addition, in the production of shaped plastic, PET is also widely used in the manufacture of plastic food trays thanks to its air permeability and safety at high temperatures.
- Widely used in textile, paper machinery, food, transportation, seaports, healthcare, mining, chemicals and industries.
- Bearing parts, pump parts, casing covers, plugs, pistons, screws, fasteners in food, spare parts, precision machinery, bearings, insulating materials, subject to high loads.
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