06 April 2012 07:39 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Chongqing Fuling Pengwei Petrochemical on 1 April this year shut its 900,000 tonne/year purified terephthalic acid (PTA) plant at ?xml:namespace>
The company suffers from higher production costs as compared to its counterparts in
It also incurs higher transportation costs as the plant is located away from the polyester production hub in eastern
Chongqing Fuling Pengwei Petrochemical is a subsidiary of East Hope Group.
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