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Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Terephthalic acid

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January 25, 2016
Mossi Ghisolfi Group's (M&G; Tortona, Italy) chemicals arm, headquartered in Luxembourg, says it will increase the initial capacity of a previously announced, integrated...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/M-and-Gs-chemicals-arm-increases-capacity-of-planned-PTA-PET-plant-in-Texas_76648.html
January 12, 2016
Loop Industries (Los Angeles) has completed a pilot plant to validate the company's proprietary polyethylene terephthalate (PET) depolymerization technology, the company says. Positive...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/US-firm-completes-PET-depolymerization-pilot-plant-to-produce-PTA-EG_76354.html
January 6, 2016
BP has agreed to sell its aromatics complex in Decatur, AL, to Indorama Ventures (Bangkok). Financial details of the transaction have not been disclosed. The complex can produce 1...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-sells-Alabama-PTA-site-to-Indorama-Ventures_76199.html
January 25, 2016
South Korea is “encouraging” its petrochemical industry to reduce production capacity voluntarily as part of a broader initiative to restructure industrial production in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/South-Korean-government-encouraging-restructuring-of-petrochemical-industry_76128.html
December 21, 2015
Artlant PTA (Sines, Portugal) is prospecting for buyers for the company, IHS Chemical understands. The company's plant, which went onstream in 2012, has not regularly produced purified...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Artlant-PTA-prospecting-for-buyers_75997.html
December 4, 2015
Carbios (Clermont-Ferrand, France) has developed an enzymatic process that allows the depolymerization of 100% amorphous polyethylene terephthalate (PET)–based commercial...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Carbios-develops-process-to-depolymerize-PET-products-into-original-monomers_75574.html
November 17, 2015
BP intends to sell its petrochemical complex in Decatur, AL, as part of a broader reorganization of its global petrochemicals business, the company said on Tuesday....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-to-put-Decatur-AL-petrochemical-complex-on-the-block_75278.html
October 2, 2015
The startup and stabilization of Reliance’s new purified terephthalic acid (PTA) plant at Dahej, India, is reshaping supply balances for Asia markets outside of China, according...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Asias-evolving-PTA-market_74134.html
August 31, 2015
BP said on Monday that it has agreed to license its latest-generation purified terephthalic acid (PTA) technology to Oman International Petrochemical Industries Co. (Ompet), a joint...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-licenses-technology-for-world-scale-PTA-plant-in-Oman_73319.html
August 6, 2015
Hengli Petrochemical (Dalian, China) will begin a turnaround of two of the three purified terephthalic acid (PTA) lines at its plant in Dalian starting 6 August. The restart date has...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Hengli-Petrochemical-to-initiate-turnaround-of-two-PTA-lines-at-Dalian-site_72790.html
July 27, 2015
Jiaxing Petrochemical (Jiaxing City, China) says it has licensed Invista’s P8 process technology for a second purified terephthalic acid (PTA) line at its facility in Jiaxing City....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Jiaxing-Petrochemical-licenses-Invista-P8-for-second-PTA-line_72430.html
July 22, 2015
Alpek’s (Monterrey, Mexico) second-quarter net income more than doubled year-on-year (YOY), to $83 million, driven mainly by an improvement in the company's operating results...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpeks-second-quarter-net-income-more-than-doubles-despite-lower-sales_72363.html
July 22, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has filed for liquidation. The company says it lacks the ability to repay debt due for repayment. The company held a provisional...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/China-PTA-company-files-for-liquidation_72359.html
July 17, 2015
An impasse in negotiations for the July para-xylene (p-xylene) contract price in Europe—which is dragging into a third week—may result in a split settlement, according to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Europe-p-xylene-contract-price-talks-for-July-feel-pressure-of-PTA-PET-imports-from-Asia_72281.html
July 14, 2015
The board of Indian Oil Corp. (New Delhi) has approved construction of previously announced world-scale para-xylene, ethylene glycol (EG), and purified terephthalic acid (PTA) plants...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Indian-Oil-board-approves-large-p-xylene-EG-PTA-projects-at-Paradip_71958.html
July 3, 2015
BP has officially commissioned the third phase of a previously announced purified terephthalic acid (PTA) project at the company's BP Zhuhai Chemical affiliate at Zhuhai, China, BP...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-commissions-worlds-largest-PTA-line-at-JV-site-in-China_71877.html
June 26, 2015
India has begun antidumping investigations into purified terephthalic acid (PTA) from China, Indonesia, Iran, Malaysia, and Taiwan, the country's ministry of commerce and industry...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/India-begins-dumping-probe-into-PTA-from-China-Indonesia-Iran-Malaysia-Taiwan_71687.html
June 26, 2015
Artlant PTA (Sines, Portugal) is expected to restart production in September. The company's 700,000-m.t./year purified terephthalic acid (PTA) plant was mothballed in April 2014...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Dynamics-of-Europe-Mideast-PTA-markets-poised-to-change-as-Artlant-prepares-to-restart_71698.html
June 12, 2015
Reliance Industries (RIL, Mumbai) expects to start up its new 1.15 million m.t./year purified terephthalic acid  (PTA) plant at Dahej by October, says Mukesh Ambani, chairman and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Reliance-plans-to-start-up-Dahej-PTA-plant-by-October_71226.html
May 27, 2015
India has levied antidumping duties on purified terephthalic acid (PTA) from South Korea and Thailand for five years retroactively from 25 July 2014, the Ministry of Finance (New...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/India-slaps-antidumping-duties-on-PTA-from-South-Korea-Thailand-for-5-years_70734.html
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