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

Agreement Signed for China-Taiwan PTA Venture

7:39 AM MST | December 22, 2010 | Ian Young

Far Eastern New Century Corp. (FENC; Taipei) and Yizheng Chemical Fibre (YCF; Yizheng, China) say they have signed a preliminary agreement to establish a 60-40 joint venture that would build a purified terephthalic acid (PTA) plant in China. The plant would...

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