EPCA’ 07: Indorama may expand Egypt PET project

02 October 2007 12:47  [Source: ICIS news]

BERLIN (ICIS news)--Thailand's Indorama Polymers may expand the capacity of its 300,000 tonnes/year polyethylene terephthalate (PET) resin project in Egypt to 400,000 tonnes/year by 2010, a company source said on Tuesday.

 

“We are currently conducting a feasibility study to determine whether we should go ahead with the proposed expansion,” the source said on the sidelines of the European Petrochemical Association (EPCA) conference in Berlin.

 

The 300,000 tonnes/year PET project is expected to go on stream in 2008.

 

“The study is expected to be completed next year. If we decide to go ahead with the expansion, the additional capacity will start up by 2010,” the source said.

 

The Egyptian plant would produce bottle grade chips and would meet growing demand in the North African, Middle East and Europen region, he said.

 

“This site gives us clear geographical advantages to assess key markets with supply deficits. It is also advantageous in terms of operating costs,” the source added.

By: Prema Viswanathan
+65 6780 4359

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