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October 20, 2014
Mitsubishi Chemical plans to restructure its money-losing purified terephthalic acid (PTA) business, according to Yoshimitsu Kobayashi, president and CEO of Mitsubishi Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Mitsubishi-Chemical-to-restructure-PTA-business_64596.html
October 16, 2014
Alpek (Monterrey, Mexico) posted a 17% decline in consolidated Ebitda for the third quarter of 2014 compared with the corresponding period of last year, to $131 million, on sales down...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/PTA-PET-producer-Alpek-posts-lower-results-on-weaker-volume-prices_64547.html
October 14, 2014

EPA has published a proposed greenhouse gas prevention of significant deterioration (GHG PSD) permit for M&G Chemicals' (Luxembourg) Corpus Christi, TX, polyethylene terephthalate project, which the company first announced in May 2011. M&G Chemicals plans to build a 1.0-million m.t./year PET plant and a 1.2-million m.t./year plant for the production of feedstock purified terephthalic acid.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/EPA-publishes-proposed-GHG-PSD-for-M-and-Gs-Corpus-Christi-PET-project_64500.html
October 2, 2014
Mitsubishi Gas Chemical (MGC; Tokyo) said today that it will quit the purified terephthalic acid (PTA) business at the end of March 2015. MGC and Toyobo are partners in Mizushima...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Mitsubishi-Gas-Chemical-to-quit-PTA-business-p-xylene-plants-future-questionable_64230.html
September 3, 2014
Invista Technologies (St. Gallen, Switzerland) says it has licensed Invista’s R²R technology to Ariha Chemicals (Mumbai). Ariha plans to build the first standalone facility based on R²R, a technology for recovering byproducts from the waste stream of purified terephthalic acid (PTA) production....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Invista-licenses-R2R-technology-to-Ariha-for-new-standalone-facility_63596.html
July 16, 2014
Invista said on Monday that it has resolved a lawsuit against a Chinese engineer for misappropriating and infringing on trade secrets relating to a portion of Invista’s purified...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Invista-wins-PTA-intellectual-property-lawsuit-in-Beijing-court_62474.html
March 28, 2014
With feedstock para-xylene (p-xylene) increasingly oversupplied, China’s producers of purified terephthalic acid (PTA) are gaining leverage over feedstock costs, and p-xylene margins are consequently in decline, says Duncan Clark, sr. director/aromatics and glycols at IHS Chemical. “It’s similar to the PTA industry, where there were very good margins a few years ago, and that was the business to be in.”...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/IHS-WPC-2014-Chinas-PTA-producers-gaining-leverage-over-p-xylene-costs_59918.html
March 7, 2014
BP said today that it has completed the previously announced buyout of its partners in Amoco Mitsui PTA Indonesia (AMI; Jakarta). BP says that on 28 February it completed the purchase...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-takes-full-ownership-in-Indonesian-PTA-producer-may-upgrade-plant_59399.html
January 17, 2014
Alpek (San Pedro Garza García, Mexico), a subsidiary of Grupo Alfa (Monterrey, Mexico), and United Petrochemical Co. (UPC; Moscow), a subsidiary of Sistema (Moscow), the largest...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpek-and-United-Petrochemical-form-RusPETF-joint-venture_58087.html
December 12, 2013
Technip announced today that it has extended its long-standing agreement with BP in the field of engineering services for purified terephthalic acid (PTA) plants based on BP’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Technip-and-BP-extend-PTA-plant-alliance_57305.html
December 4, 2013
Lotte Chemical UK, a subsidiary of Lotte Chemical (Seoul), says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Lotte-Chemical-to-close-PTA-plant-in-UK_57071.html
November 13, 2013
Indorama Ventures (Bangkok) has decided to mothball the polyethylene terephthalate (PET) plant of the company's Indorama Polymers subsidiary at Workington, UK as part of a business...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Indorama-to-mothball-PET-plant-in-the-UK_56672.html
October 10, 2013
The Mexican state of Veracruz is expected to receive $5 billion in direct investment by chemical companies, foreign and domestic, in Mexico, over the next five years, according to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Mexicos-state-of-Veracruz-expects-$11-billion-in-direct-investments-into-its-petrochemical-industry_55711.html
September 11, 2013
Lotte Chemical's (Seoul) polyethylene terephthalate (PET) plant at Wilton, UK, came back online today after a technical incident and torrential rains caused the unit to shut down last...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Lotte-Chemical-UK-PET-plant-back-online-force-majeure-remains-in-place_55097.html
August 30, 2013
The summer of 2013 has been a washout for polyethylene terephthalate (PET) in the United States, according to analysts at IHS Chemical. With bottle season over, demand will drop, but prices will retain their upward momentum for the next month or so, boosted by rising feedstock costs. PET producers have nominated increases of 3-4 cents/lb. for September....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/IHS-Chemical-US-PET-set-to-rise-despite-weak-demand_54848.html
August 23, 2013
Petrobras has started production of purified terephthalic acid (PTA) at its Pernambuco, Brazil, complex, the company announced. The plant is Brazil's only operating PTA facility. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Petrobras-starts-production-of-PTA-at-Pernambuco-complex_54692.html
June 18, 2013
BP and its partner Zhuhai Port Co. (Zhuhai, Guangdong Province, China) today received final approvals from the Chinese government for the construction of a previously announced, third...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-receives-Chinese-governments-go-ahead-for-Zhuhai-PTA-plant_52883.html
June 3, 2013
Asian para-xylene (p-xylene) producers have been faring better than their North American and European counterparts. However, p-xylene market dynamics could be altered by new capacity...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Asia-p-xylene-market-shows-signs-of-oversupply-due-partly-to-new-capacity_52508.html
April 22, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant in Corpus Christi, TX, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpek-licenses-PTA-to-M-and-G-project-buys-PET-offtake-rights-for-$350-million_51221.html
April 22, 2013
Alpek (San Pedro Garza García, Mexico) achieved $77 million in net consolidated income during the first quarter of 2013, down 20% on the $96-million income reported during the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Alpeks-first-quarter-net-income-down-20-percent_51333.html
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