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PTA Plants
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Invista Aims to Improve Higher Efficiency
Apr 16, 2015Invista 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 ...
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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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BP Is One of The Largest Producers of PTA Globally
Nov 19, 2014One 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 ...
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Price Spread Was Last Lower on October 11, 2010 at $143.50/Mt
Feb 10, 2014The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
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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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The Latest Report Shows That The Demand for PTA Is Expected to Grow at a CAGR of 5.3%
Aug 13, 2013The Asia-Pacific region will continue to be the largest market in the world for Purified Terephthalic Acid (PTA) by 2020, thanks to the region’s improving living standards, cross-industry usage of PTA products and expanding ...
Tags: PTA Demand, textile
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There Are Four ACP Sellers of PX in Asia
Jun 28, 2013Negotiations for the July Asian Contract Price for paraxylene have drawn buyers to make a counterbid of $1,300/mt CFR on Wednesday, almost $200/mt lower than sellers' nominations, sources close to the negotiations said. There are four ACP ...
Tags: oil, Metallurgy, Mineral, Energy, Polyester
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BP, Zhuhai Port Receive Final Approval From The Chinese Government for The Pta Plant
Jun 20, 2013British multinational oil and gas company BP and its partner Zhuhai Port have received final approval from the Chinese Government for the construction of a third purified terephthalic acid (PTA) plant, at Zhuhai, Guangdong. PTA is a key ...
Tags: Metallurgy, Mineral, Energy, oil, gas
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M&G Signed Agreement with Mexican Petrochemical Company Alpek for IntegRex PTA Technology
Apr 18, 2013M&G Group has signed a licensee agreement with Mexican petrochemical company Alpek for IntegRex PTA technology, which will be used in its Corpus Christi PTA-PET plant construction project in the US. M&G previously announced the ...
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The M&G Group Announced Today That It Has Signed a US$ 1 Billion Engineering
Feb 7, 2013HOUSTON — January 11, 2013 — The M&G Group ("M&G"), one of the three leading producers in the Americas of PET for packaging applications, announced today that it has signed a US$ 1 billion engineering, procurement and ...
Tags: M&G, Sinopec Engineering, Textile
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A New PET and PTA Plants Will Be Constructed in US by M&G'S $1bn Contract
Jan 16, 2013Italian PET producer, M&G Group has signed a $1bn engineering, procurement and construction (EPC) contract with Sinopec Engineering for PET plant construction in Corpus Christi, Texas, US. The single line PET plant is said to have a ...
Tags: M&G Group, EPC contract, Sinopec Engineering
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New Pta Plant Has LED to a Rise in Demand and Consequently an Increase in Imports of Px
Dec 4, 2012Two new purified terephthalic acid (PTA) plants have become operational in China, which has led to a rise in demand and consequently an increase in imports of paraxylene (PX) in September 2012. A new plant with capacity to produce 1.5 ...
Tags: PX imports, purified terephthalic acid, paraxylene, PX
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BP Have Signed an Agreement for Licensing BP's Pta Technology
Nov 29, 2012UK-based BP and JBF Petrochemicals, a wholly-owned subsidiary of JBF Industries have signed an agreement for licensing BP’s purified terephthalic acid (PTA) technology to be used in the 1.25mt per annum plant in Mangalore, India. ...
Tags: BP, JBF Petrochemicals, purified terephthalic acid technology
