China's Xianglu Petchem to add 2m tonne/yr PTA capacity in Q3 '12

22 December 2011 05:35  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Xianglu Petrochemical, a subsidiary of Xianglu Tenglong Group, plans to expand its purified terephthalic acid (PTA) capacity by 2m tonne/year in the third quarter of 2012, a company source said on Thursday.

The new 2m tonne/year PTA plant, located at Zhangzhou in Fujian province, will be brought on stream following the start-up of a new 800,000 tonne/year paraxylene (PX) line at the same site, the source said.

The PX plant, expected to come on stream in the first half of 2012, is owned by Dragon Group, a sister company of Xianglu Petrochemical.

With the existing 1.65m tonne/year PTA No 1 unit at Xiamen in Fujian province, Xianglu will boost its total PTA capacity to 3.65m tonnes/year in 2012, and become the second largest PTA producer in China after Zhejiang Yisheng Petrochemical.

Construction work at the 800,000 tonne/year PX and 2m tonne/year PTA project started in May 2009 after being delayed from 2006 because of relocation following protests from residents of the locality on environmental grounds.

Xianglu Tenglong Group also runs 600,000 tonne/year polyester plants at Xiamen in Fujian province, including a 250,000 tonne/year polyethylene terephthalate (PET) bottle chip line and a 200,000 tonne/year PET fibre chip unit and a 150,000 tonne/year polyester yarn plant.

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By: Becky Zhang
+65 6780 4359



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