IHS Chemical Week

Chemical Week Magazine :: New Construction Projects

Alpek and United Petrochemical establish PTA-PET venture

5:54 AM MST | January 24, 2014

Alpek (San Pedro Garza GarcĂ­a, Mexico), a subsidiary of Grupo Alfa (Monterrey, Mexico); and United Petrochemical Co. (UPC; Moscow), a subsidiary of Sistema (Moscow), have formed and registered a joint venture, RusPETF (Ufa, Russia). The jv will build a previously announced complex producing purified terephthalic acid (PTA) and polyethylene terephthalate (PET) bottle resin at Ufa. Karina Yenikeyeva, who has been appointed director general of RusPETF, says that the jv plans to make a decision on how the project will be financed following completion of the...

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