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Markets :: Plastics :: PET

Braskem Stops DMT; Halts PET Production in Brazil

1:46 PM MDT | May 23, 2007 | Chemical Week Editorial Staff

Braskem says it will temporarily suspend polyethylene terephthalate (PET) production, and permanently stop dimethyl terephthalate (DMT) feedstock production at Camaçari, Brazil. The company says the 80,000-m.t./year DMT plant does not have the scale, technology, and cost advantage to compete globally. Braskem says it will explore the restart of the PET plant from a new technological route that guarantees competitive costs for the polyester chain in Brazil. The PET plant has capacity of 78,000 m.t./year. Braskem says it will continue to supply PET resin to...

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