17 April 2012 14:59 [Source: ICIS news]
The new PTA plant would be located 11km (seven miles) from the site of the PET facility, said Etana.
Until the PTA project is completed in 2018, its PET plant will import PTA from Asian and European suppliers, including KP Chemical, said Etana CEO Sergei Ashinov.
The company added that Etana also plans to build a PET recycling plant in the region, but did not disclose further details.
Construction of the new 486,000 tonne/year bottle-grade PET plant near Oktyabrsky village, in Russia's southern Kabardino-Balkariya region, began in January 2012.
The project's first stage, which will have a capacity of 162,000 tonnes/year, is due on stream in 2013.
Its second 288,000 tonne/year stage will be built by 2014, and the plant's total capacity will reach 486,000 tonnes/year in 2015, said Etana.
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