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

Aker Kvaerner Confirms PTA Plant Contract in Portugal

11:20 AM MDT | September 21, 2007 | Chemical Week Editorial Staff

Aker Kvaerner has confirmed that it has been awarded a contract by Artenius, a subsidiary of La Seda de Barcelona to build a purified terephthalic acid (PTA) plant at Sines, Portugal (CW, Aug. 29, p. 17). The £20 million ($40.3 million) contract covers engineering and procurement services as well as construction management for the 700,000 m.t./year plant. Work on the project has already begun with completion due in the first quarter of 2010. La Seda is a leading producer of polyethylene terephthalate bottle resin and a major player in the PTA merchant...

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