Belarus’s Mogilevkhimvolokno to increase PET capacity
06 December 2010 10:20 [Source: ICIS news]
MOSCOW (ICIS)--OAO Mogilevkhimvolokno, a subsidiary of the Belarusian state-controlled petrochemical holding company Belneftekhim, is to increase its polyethylene terephthalate (PET) capacity, the company said in a statement released on Monday.
As part of the government’s approval of Mogilevkhimvolokno’s 2011-2015 development blueprint, the company will increase its PET capacity to 200,000 tonnes/year.
The project is expected to cost €120m ($160m), the statement said, without disclosing further details.
Mogilevkhimvolokno, based in
In 2008, Mogilevkhimvolokno revised down the capacity of its planned terephthalic acid (PTA) plant to 220,000 tonnes/year. Construction was expected to begin in 2010 but the project has been slow to materialise.
($1 = €0.75)
For more on polyethylene terephthalate, visit ICIS chemical intelligence
Please visit Will Beacham’s Look East for Chemicals blog
To discuss issues facing the chemical industry visit ICIS connect
By: Sergei Blagov
+44 20 8652 3214
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 17 Feb 12 11:21 Belarus’s Mogilevkhimvolokno plans increased PET capacity
- 09 Dec 10 11:24 Japan’s Toyobo eyes new PET line at Tsuruga plant
- 06 Dec 10 13:21 Mogilevkhimvolokno selects BDI-BioEnergy for biodiesel plant
- 02 Dec 10 13:46 Europe PET Dec contracts could increase by €100/tonne - producer
- 25 Nov 10 12:55 Cepsa’s entrance into Spanish PET market has no immediate impact
- 12 Aug 10 15:49 ICIS extends presence in Russian market through MRC joint venture
- 24 Jun 10 16:01 Gazprom resumes gas supplies to Belarus after payments are made
- 11 Jun 10 10:11 Belarus mulls privatisation of fertilizer producer Belaruskali
Latest News
- 19 Jun 13 21:55 Researchers predicting large Gulf of Mexico dead zone
- 19 Jun 13 21:19 Biofuels to nearly double in road transport use by 2030: exec
- 19 Jun 13 21:13 US Fed says economy likely to make gains, but holds rate steady
- 19 Jun 13 19:32 US propylene inventories increase slightly on higher production
- 19 Jun 13 19:00 VIDEO - ICIS Americas Lunchtime Bulletin 19 June 2013