08 March 2011 08:15 [Source: ICIS news]
The PTA plant with a nameplate capacity of
Zhejiang Yisheng Petrochemical currently operates two PTA units at
The NDRC said it had approved the new PTA plant this February, according to a short announcement on its website on Monday.
The company had almost finished the engineering work and the equipment installation was underway, the source said adding the new plant was expected to start up in July or August this year.
The start-up of the new plant will ease domestic tight PTA supply to an extent, the source said.
Yisheng had another
With additional reporting by Becky Zhang in Singapore
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