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

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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
May 18, 2015
Alpek’s (Monterrey, Mexico) first-quarter net income totaled $48 million, up 32% year-on-year (YOY), according to the latest company's results. Ebitda was up to $137 million from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpeks-first-quarter-net-income-up-despite-lower-prices-due-to-higher-sales-volume_69844.html
April 14, 2015

Invista has launched P8, a new technology platform that reduces the cost of manufacturing purified terephthalic acid (PTA), a polyester precursor, by up to $40/m.t., says Invista.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Invista-launches-new-PTA-technology-platform_69414.html
April 13, 2015
The Directorate General of Anti-Dumping & Allied Duties (DGAD; New Dehli) has recommended levying antidumping duties on purified terephthalic acid (PTA) imports by India from South...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/India-recommends-antidumping-tariffs-on-PTA-from-South-Korea-and-Thailand_69359.html
March 31, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has stopped offering purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange (ZCE; Zhengzhou, China), effective...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Chinese-producer-stops-offering-PTA-futures-on-commodity-exchange-due-to-suspected-bankruptcy_68688.html
March 31, 2015
Hengli Petrochemical (Dalian, China) has started up its third purified terephthalic acid (PTA) plant at Dalian, Invista Performance Technologies (IPT) says. “The 2.2 million-m.t...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Hengli-Petrochemical-starts-up-third-PTA-plant-at-Dalian_68770.html
March 25, 2015
Inodorama Ventures (Bangkok) is negotiating to buy Cepsa’s (Madrid) polyester manufacturing facilities at San Roque, Spain, according to Bloomberg, citing people familiar with...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Reports-Indorama-Ventures-eyeing-Cepsas-PTA-PET-assets-in-Spain_68887.html
February 24, 2015
Alpek (Monterrey, Mexico) reported a net loss of $25 million during the fourth quarter of 2014 compared with a $9-million loss in the fourth quarter of 2013. The quarterly loss...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpeks-loss-widens-in-fourth-quarter-exits-Russian-JV_68051.html
February 20, 2015
Petkim (Aliaga, Turkey) is restarting its newly expanded purified terephthalic acid (PTA) unit at Aliaga. The project to increase PTA capacity at the site from 70,000 m.t./year to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Petkim-restarts-expanded-PTA-plant_67979.html
February 9, 2015
M&G Chemicals (Luxembourg) is pushing ahead with its purified terephthalic acid-polyethylene terephthalate (PTA-PET) project at Corpus Christi, TX, and the company plans to start...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/M-and-G-Chemicals-ahead-of-schedule-with-PTA-PET-project-in-US_67628.html
January 28, 2015
Cepsa Química (Madrid), a Cepsa subsidiary,  is mulling the sale of two of its petrochemical facilities, according to local press reports. One plant is near Cádiz...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Reports-Cepsa-considers-selling-some-PTA-and-other-assets_67237.html
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