26 October 2010 07:21 [Source: ICIS news]
“The first PTA plant of 1.1m tonnes/year at Dahej,
Invista would supply technology for the first plant, which would have a single reactor, while Reliance was still evaluating technology options for the second plant, he added.
Part of the feedstock requirement for the PTA line would be covered by Reliance’s 1.7m tonne/year PX plant at
The rest would come from a new 1.3-1.5m tonne/year PX train, also at
The new PTA volumes would feed the company’s downstream polyester investments at Silvassa,
The POY project was already under implementation and should be completed in the next two years while the PET plant would be commissioned in the first quarter of 2013, the source added.
“Silvassa is a texturising hub and Reliance already has a unit there which will be integrated with the new POY unit,” he said.
Reliance also has plans for a new monoethylene glycol (MEG) plant at Jamnagar which would be downstream of the company’s proposed cracker complex that is due to start up in 2014, said the source.
Reliance’s investments in the polyester chain come at a time when
Polyester demand should grow by 10-12% annually supported by steady economic growth, the source pointed out.
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