Indorama Ventures’ Combined PET business segment has announced plans to discontinue operations at its Purified Terephthalic Acid (PTA) plant in Montréal-Est, Montral, Canada with preparations for the closure set to begin in September 2024. This decision follows significant shifts in the
The Gujarat High Court sets aside the Centre’s notification removing anti-dumping duty (ADD) on the import of purified terephthalic acid (PTA) imports from Korea and Thailand. In a major relief for the domestic manufacturers, the Gujarat High Court order will force the government of India to levy ADD with immediate effect. PTA is a major […]
China’s Sinopec Yizheng Chemical Fiber Company has commissioned the largest purified terephthalic acid (PTA) single location plant in the world. PTA is primarily used as a raw material for producing polyester staple fibre (PSF) With a production capacity of 3 million tons per year, the single site project will effectively drive and develop the downstream […]