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PTA Plant
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India's Reliance Commissions Pet and Pta Is Set up in Gujarat State
Apr 14, 2015India’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
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Asian Contract Price for Paraxylene Are Seen to Come in at Around $1,050-1,100/Mt CFR
Mar 31, 2014Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
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The Asian Paraxylene Market Flipped Into Contango Monday
Jan 24, 2014The Asian paraxylene market flipped into contango Monday -- the first time in six months -- as spot supply started building up amid thin demand for prompt February cargoes ahead of the Lunar New Year holidays. The CFR Taiwan/China PX ...
Tags: Paraxylene, Chemicals
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China's BP and Hengli Have Deferred The Startup of Their New PTA Plants to 2015
Jan 21, 2014Chinese purified terephthalic acid producers BP and Hengli have deferred the startup of their new PTA plants to 2015 from the fourth quarter this year, amid negative PTA margins, sources close to the company said Friday. The startup of BP ...
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Technip Announces The Extension of Its Long-Standing Agreement with BP in PTA Domain
Dec 16, 2013Technip announces the extension of its long-standing agreement with BP in the purified terephthalic acid (PTA)(1) domain. Technip will now also become the exclusive provider of the ISBL (Inside Battery Limit) FEED (front-end engineering and ...
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Technip Announces The Extension of Its Long-Standing Agreement with BP in The PTA Domain
Dec 13, 2013Technip announces the extension of its long-standing agreement with BP in the purified terephthalic acid (PTA) domain. Technip will now also become the exclusive provider of the ISBL (Inside Battery Limit) FEED (front-end engineering and ...
Tags: Technip, BP, PTA, third-party licensing
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Indo Rama Synthetics Margins Was Be Hit by Intense Competition
Dec 2, 2013While Chinese polyester players are emerging as "too big to fail", their closest rivals from India have hit the slowdown wall as they struggle with poor economies of scale in the event of weak demand from major markets like Europe. The ...
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Annual Paraxylene Term Negotiations for 2014 Have Gotten off to a Slow Start in Asia
Nov 25, 2013Annual paraxylene term negotiations for 2014 have gotten off to a slow start in Asia, and talks are expected to be protracted, as the supply/demand fundamentals are expected to change significantly halfway through next year, sources ...
Tags: paraxylene term, Chemicals
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The Asia Price Spread Between Paraxylene and Feedstock Naphtha Narrowed $16.12/Mt
Oct 23, 2013The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
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JSC United Has Signed Joint Venture Agreement About JV for Pta Plant with Grupo Petrotemex
Sep 29, 2013Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, announces that its subsidiary JSC United Petrochemical Company has signed a joint venture ("JV") agreement with Mexican company Grupo Petrotemex, ...
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Price Shrank $9/mt Day on Day to a One-year Low of $175/mt on a CFR Basis Wednesday
Sep 9, 2013The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
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Sanfangxiang Group Has Restarted a Purified Terephthalic PTA Plant in June 2013
Jul 10, 2013Sanfangxiang Group has restarted a Purified terephthalic acid (PTA) plant in June 2013. “After a two week maintenance turnaround, we have restarted the PTA plant and it is operating at 100% rates since its restart”, a ...
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BP:The Construction of a Third Purified Terephthalic Acid Plant at Zhuhai
Jun 20, 2013The Chinese Government has given its final approvals to the BP Global Petrochemicals and its partner Zhuhai Port for the construction of a third purified terephthalic acid (PTA) plant at Zhuhai, Guangdong. Expected to start up in late ...
Tags: PTA Plant, Petrochemicals
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BP, Zhuhai Port Receive Final Approval From The Chinese Government for The Pta Plant
Jun 20, 2013British multinational oil and gas company BP and its partner Zhuhai Port have received final approval from the Chinese Government for the construction of a third purified terephthalic acid (PTA) plant, at Zhuhai, Guangdong. PTA is a key ...
Tags: Metallurgy, Mineral, Energy, oil, gas
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Mitsui Chemicals to Reduce Operating Rates at Its Purified Terephthalic Acid Plant
Jun 19, 2013Poor demand has led Japan-based Mitsui Chemicals to reduce operating rates at its purified terephthalic acid (PTA) plant. “We are currently operating the PTA plant located in Iwakuni at 75% of production capacity because of poor ...
Tags: Mitsui Chemical, PTA Plant
