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

Displaying 1 - 20 of 92 stories.
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
January 22, 2015
China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BPs-Capco-JV-to-decommission-five-PTA-plants-in-Taiwan-close-site_67083.html
January 13, 2015
Artlant PTA (Sines, Portugal), the shares of which are partly owned by former polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain), has once again...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Artlant-postpones-PTA-restart-to-September-Europe-remains-well-supplied_66798.html
January 7, 2015
Jacobs Engineering says that it has received a contract for basic and detailed engineering services to upgrade BP's purified terephthalic acid (PTA) production facilities at Geel...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Jacobs-awarded-contract-to-upgrade-BPs-PTA-plants-in-Belgium_66612.html
December 10, 2014
Sohar Port and Freezone (Sohar, Oman) has struck a deal with Oman International Petrochemical Industry Co. (Ompet; Muscat) for a facility that will manufacture purified terephthalic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Ompet-reaches-agreement-for-PTA-PET-project-in-Oman_66020.html
December 5, 2014
China's Zhengzhou Commodity Exchange (CZCE; Zhengzhou) will launch evening trading from next week for products including purified terephthalic acid (PTA) and methanol. The new trading...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/China-commodity-exchange-launches-evening-trading-hours-for-PTA-methanol_65927.html
November 21, 2014
Petkim (Aliaga, Turkey) has completed a $144-million ethylene capacity expansion at its Aliaga site, the company has announced. The facility’s output capacity has increased by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Petkim-completes-ethylene-expansion-at-Turkish-site_65625.html
November 18, 2014
BP announced today that it plans to invest more than $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, SC; and Geel, Belgium. The investments will...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-to-invest-$200-million-at-PTA-plants-in-US-Belgium_65479.html
November 13, 2014
M&G Chemicals (Luxembourg), a wholly owned subsidiary of Mossi Ghisolfi Group (Tortona, Italy), has signed an agreement to issue $300 million in new equity to private equity...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Private-equity-firm-TPG-acquires-minority-stake-in-M-and-G-Chemicals-via-capital-increase_65363.html
November 5, 2014
Artlant PTA, a producer of purified terephthalic acid (PTA) at Sines, Portugal, plans to restart production at its 700,000 m.t./year plant following discussions with creditors, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Artlant-plans-to-restart-PTA-plant-in-Portugal_65157.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
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.

...

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
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