05 October 2010 16:01 [Source: ICIS news]
BUDAPEST (ICIS)--PKN Orlen plans to start production at its new purified terephthalic acid (PTA) plant at ?xml:namespace>
The 600,000 tonne/year plant is due to start pre-commissioning in October. It would then stop for maintenance work before starting production in mid-December, the source said.
The source was speaking on the sidelines of the 44th annual meeting of the European Petrochemical Association (EPCA) in
Depending on favourable weather conditions, marketable PTA was scheduled to hit the market at the beginning of 2011, the source confirmed.
The PTA from the new plant was destined for customers in neighbouring countries, with PKN Orlen as the sole marketer, the source added.
“The market is now balanced to tight, because there are less imports,” according to the source.
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