in this issue
People & Business :: Companies
Alpek licenses PTA to M&G project, buys PET offtake rights for $350 million
3:19 PM MDT | April 22, 2013 | Clay Boswell
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant in Corpus Christi, TX, the company announced on Tuesday. Alpek (San Pedro Garza García, Mexico) has, in turn, acquired the right to purchase 400,000 m.t./year of polyethylene terephthalate (PET) produced at the facility under a long-term supply agreement for $350 million. M&G announced plans to build the PTA plant and an associated 1 million m.t./year polyethylene terephthalate (PET) plant in May...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee