10 January 2011 23:10 [Source: ICIS news]
DUBAI (ICIS)--Indian producer Dhunseri Petrochem and Tea will bring 650,000 tonnes/year of new polyethylene terephthalate (PET) capacity on stream in 2012, a company executive said on Monday.
One project – expected to start up in the first quarter of 2012 – will add 210,000 tonnes/year of capacity to its PET resin plant in Haldia, West Bengal, the executive said.
The executive made the comments on the sidelines of the 10th Arab International Plastics and Rubber Industry Trade Show and Conference in Dubai.
The company's second project in Port Said, Egypt is expected to begin operations in the third quarter of 2012, the source added.
That plant will have a bottle-chip capacity of 440,000 tonnes/year, the executive said.
"We are confident that demand for bottle-grade chip is growing at a steady rate, although we also noted the increasingly intensified competition in the region," the Dhunseri Petrochem and Tea executive said.
Dhunseri was formerly known as South Asian Petrochem Ltd (SAPL).polyethylene terephthalate visit ICIS chemical intelligence
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