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Markets :: Plastics :: PET

M&G to Build World Scale PET and PTA Facility in U.S.

11:16 AM MDT | May 16, 2011 | —LINDSEY BEWLEY

Mossi & Ghisolfi Group (M&G; Tortona, Italy) plans to build a polyethylene terephthalate (PET), fully integrated with a new purified terephthalic acid (PTA) plant at the same site. Possible locations have been narrowed to sites in Texas, Mississippi and Louisiana, M&G says. resin revival: Demand recovery driving PET investments. The plant will have a capacity to produce about 1 million m.t./year of PET and about 1.2 million m.t./year of PTA, the company says. The plant will employ the same technology as its 650,000-m.t./year PET plant at Suape...

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