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India's Reliance Commissions Pet and Pta Is Set up in Gujarat State

Apr 14, 2015

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

Indorama Ventures to Acquire a 94.91% Stake in Pet

Mar 20, 2015

Thailand-based polyester and yarn manufacturer Indorama Ventures will be acquiring a 94.91% stake in polyethylene terephthalate (PET) polymers maker Bangkok Polyester for an undisclosed amount. A producer of PET polymers in Rayong, ...

Tags: PET, ICIS, Packaging

JSC United Has Signed Joint Venture Agreement About JV for Pta Plant with Grupo Petrotemex

Sep 29, 2013

Sistema 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, ...

Tags: PTA Plant, Textile

Flower Pot Designs Have Been The Same for So Long

Aug 12, 2013

Flower pot designs have been the same for so long, when something new comes along and changes that age old design it can seem like a whole new world has been opened. In this case it is the Flower Tower design. Almost like a Chia pet plant ...

Tags: Flower Tower

World's Largest PET Company Achieved Total Sales Revenue of US$ 1.9 Billion in The Q2

Aug 9, 2013

Indorama Ventures Public Company Limited (IVL), the world’s largest PET company, achieved total sales revenue of US$ 1.9 billion in the second quarter of 2013, a rise of 9% over the same period last year. Margin gains in Asia ...

Tags: Pet Company

Northeast Asian PET Producers on Wednesday Expressed Concern About Rising Competition

May 23, 2013

Northeast Asian PET producers on Wednesday expressed concern about rising competition from Southeast Asian producers in the European market, after the EU Council removed antidumping duties on PET imports from five Asian nations. On ...

Tags: Dumping Duties, Pet Producers

Price Spread Between Polyethylene Terephthalate Jumped to a Five-month High of $15/mt

May 13, 2013

The price spread between polyethylene terephthalate in Southeast Asia and Northeast Asia jumped to a five-month high of $15/mt Wednesday, from $10/mt a week ago, as high inventory levels in Northeast Asia curbed price gains there. PET on ...

Tags: PET, polyethylene terephthalate

Indorama Ventures Public Company Limited Invests $190 Million to Build a New PET Plant

Apr 25, 2013

Governor Dr. Robert Bentley announced that Indorama Ventures Public Company Limited, the world’s leading manufacturer of PET resins, will invest $190 million to build a new manufacturing plant adjacent to its current site on Finley ...

Tags: PET Plant, Textile, Indorama Ventures

M&G Signed Agreement with Mexican Petrochemical Company Alpek for IntegRex PTA Technology

Apr 18, 2013

M&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 ...

Tags: M&G, Pet Plant Construction Project

Thailand-Based Indorama Ventures Has Shut a PET Plant for a Maintenance Turnaround

Apr 9, 2013

Thailand-based Indorama Ventures has shut a polyethylene terephthalate (PET) plant for a maintenance turnaround. “The plant located in Klaipeda, Lithuania was shut in end-March 2013 and is likely to remain off-stream for around ...

Tags: PET plant, Indorama Ventures

Technical Issues Lead to KP Chemical Shuts Down Pet Line

Mar 27, 2013

A PET line at a plant operated by South Korea-based KP Chemical is currently off-stream. “Line no-2 of the PET plant located in Ulsan has been shutdown due to technical reasons and is under maintenance since March 7, ...

Tags: KP Chemical, PET line, fibre

Hambana Petrochemicals to Set up $137.39m Bottle Grade PET Packaging Resin Plant

Mar 15, 2013

Hambana Petrochemicals has announced plans to set up a $137.39m bottle grade polyethylene terepthalate (PET) packaging resin plant in the investment zone adjacent to Chinese-funded port in Sri Lanka. The company, which is promoted by ...

Tags: Hambana Petrochemicals, PET resin plant, packaging resin plant

The Main Challenge Faced Today by PET Plant Manufacturers and Operating Companies

Mar 11, 2013

The main challenge faced today by PET plant manufacturers and operating companies alike is the sourcing of screen changers combining both the smallest footprint and the largest filtration surface in one single package. Maag has ...

Tags: Maag, PET plant, Screen Changer Filter, Design Technology

Pet Producer - SK Zhenbang Is Operating Its Plant at Reduced Capacity Rates

Mar 11, 2013

Chinese Polyethylene Terephthalate (PET) producer - SK Zhenbang is operating its plant at reduced capacity rates. “Stock levels have risen due to the Chinese New Year holidays, so the plant is currently operating at 90% capacity ...

Tags: Polyethylene Terephthalate, SK Zhenbang, capacity rates

The M&G Group Announced Today That It Has Signed a US$ 1 Billion Engineering

Feb 7, 2013

HOUSTON — 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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