Artlant, Europe's largest purified terephthalic acid producer, is in the process of searching for an investment partner or buyer for the business, a source close to the company said Thursday. As a result, any plans to start up production ...
Tags: Artlant, Terephthalic Acid, PTA
Indorama Ventures has made its foray into Indian polyethylene terephthalate (PET) market with the acquisition of Micro Polypet (MicroPet) for an undisclosed amount. The company's wholly-owned subsidiary Indorama Ventures Global ...
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Asian polyethylene terephthalate production margins remain in positive territory despite a sharp fall in PET prices Wednesday, May 13, underpinned by seasonal demand peak and even sharper falls in feedstock prices, Platts data shows. ...
FabricLink Network has chosen WoolVisions, the intimate blend of CoolVisions dyeable staple polypropylene with wool as one of its Top 10 Textile Innovations for 2014–2015. The innovative intimate blend of CoolVisions staple ...
Tags: FabricLink Network, WoolVisions, Innovations
Invista Performance Technologies (IPT), the PTA industry’s licensor has launched an upgraded platform that offers licensees significant production efficiencies. Invista’s latest technology offering called P8 delivers ...
India’s Reliance Industries (RIL) will be commissioning a Purified Terephthalic Acid (PTA) plant and a Polyethylene Terephthalate (PET) resin plant at Dahej in the western state of Gujarat. The PET plant that has been built with ...
Tags: India's Reliance Industries, Purified Terephthalic Acid
Oman’s Sohar Port and Freezone has entered into an agreement with Oman International Petrochemical Industry Company (OMPET) to build a manufacturing facility that will produce up to 1.5 million tonnes of eco-friendly packaging ...
Tags: Pet Manufacturing, Agriculture
One of the biggest global PTA producers, BP said it plans to invest over $200 million to upgrade its PTA plants at Cooper River, South Carolina and Geel, Belgium. “Once completed, the investments will position these assets amongst ...
Chinese President Xi Jinping. Australian exporters are set to benefit from an historic trade agreement signed between Australia and its largest trading partner, China. This deal, which took nine years of negotiation, represents a victory ...
Tags: PTA, Australian exporters, agriculture
The decline in cotton price and slowing demand for apparel and other textile products in key North American and European markets have put tremendous pressure on synthetic pricing in the past several months. The global synthetic fiber price ...
Tags: Synthetic Fiber, Cotton
Operating loss figures were splashed in red in the results for the second-quarter of 2014 ending June 2014 at SK Innovation, South Korea’s foremost and world’s leading energy and petrochemical company. In the period April to ...
Tags: Red, SK Innovation, Textile
The Apparel Export Promotion Council (AEPC) has sought expeditious completion of the India-European Union free trade agreement (FTA), as it would provide better market access to Indian exporters. At a ceremony to inaugurate the India ...
Tags: AEPC, Apparel, Accessories, Textile
The Apparel Export Promotion Council (AEPC) has sought expeditious completion of the India-European Union free trade agreement (FTA), as it would provide better market access to Indian exporters. At a ceremony to inaugurate the India ...
Tags: AEPC, Apparel, Accessories
Polyethylene terephthalate producer DAK Americas will increase US resin prices 3 cents/lb in July because of rising raw material costs, a letter to customers obtained by Platts on Thursday showed. On Wednesday, fellow US producer Nan Ya ...