20 March 2012 02:38 [Source: ICIS news]
Jiaxing had originally planned to put one line on stream in April and the other in June, but has now decided to start up the two lines with a total capacity of 1.5m tonnes/year at the same time in June, the source said.
The company said it has secured over half of its feedstock paraxylene (PX) requirement for the new plants from
The new PTA products will be fed into Tongkun Group’s own 1.6m tonne/year polyester yarn plants at Tongxiang in
PTA is the primary raw material in polyester production.
Other than the ongoing PTA project, Tongkun is building two 400,000 tonne/year polyester yarn plants at Huzhou in
This will bring up Tongkun’s total polyester capacity to 2.4m tonne/year, the third Chinese polyester producer possessing more than 2m tonne/year polyester capacity, after Sanfangxiang Group and Hengyi Group.
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