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BP China PTA approval

6:26 AM MDT | June 21, 2013

BP and its partner Zhuhai Port Co. (Zhuhai, Guangdong Province, China) on 18 June received final approvals from the Chinese government for the construction of a previously announced, third purified terephthalic acid (PTA) plant, at Zhuhai. The Zhuhai 3 plant will have a capacity of 1.25 million m.t./year and is expected to start up in late 2014. Zhuhai 3 joins 2 earlier phases of PTA units at the same location, bringing total capacity at the site to more than 2.7 million...

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