Indonesia’s Polyprima to restart PTA plant in March 2012

22 December 2011 07:20  [Source: ICIS news]

SINGAPORE (ICIS)--Indonesia’s Polyprima is planning to restart its purified terephthalic acid (PTA) plant at Cilegon in Jawa in March 2012, a source from shareholder Indorama Ventures said on Thursday.

Indorama started reconstructing and debottlenecking the PTA plant after acquiring a 50% share in Polyprima in July this year, the source said.

Polyprima’s PTA plant has been idle for more than four years since October 2007 because of financial problems.  

During the debottlenecking, the company raised the capacity at the PTA plant from 465,000 tonnes/year to 500,000 tonnes/year, the source added.

Most of the product from the plant will be sold outside of Indonesia as the country’s supply-demand ratio is balanced without the 500,000 tonne/year capacity, a regional market source said. However, Indorama declined to comment.

Indorama Ventures is planning to expand its polyester capacity by 400,000 tonnes/year, producing a mix of polyester fibre and yarn products, according to the Indorama source.

The construction of the expansion has not started, the source added.

For more on purified terephthalic acid, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database

By: Becky Zhang
+65 6780 4359

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