Thailand’s Indorama to shut two PTA plants for maintenance in October

23 September 2011 08:00  [Source: ICIS news]

SINGAPORE (ICIS)--Thailand’s Indorama Ventures is planning to shut its two purified terephthalic acid (PTA) plants for maintenance in October, a company source said on Friday.

The company will shut its 750,000 tonne/year PTA plant, which is operated by its subsidiary Indorama Petrochem, in early October for a five-day turnaround, the source said. The plant is located at Banchang in Rayong.

The producer will shut its 550,000 tonne/year PTA unit in Map Ta Phut, which belongs to its other subsidiary TPT Petrochemicals, in mid-October for three days, the source said.

Indorama Ventures is running the two plants at full capacity, the source added.

The shutdowns will not have an impact on the market as the producer’s cargoes are mostly on contract basis, market sources said.

For more on purified terephthalic acid, visit ICIS chemical intelligence
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By: Judith Wang
+65 6780 4359

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