17 May 2012 16:53 [Source: ICIS news]
KUALA LUMPUR (ICIS)--Pakistan will import more purified terephthalic acid (PTA) in the coming years, following capacity expansion in the downstream polyester fibre sector, a source from Novatex Limited, the largest polyester maker in Pakistan, said on Thursday.
Ibrahim Fibres, the second largest polyester producer in ?xml:namespace>
Ibrahim Fibres was not immediately available for comment.
However, weak cotton prices may curtail buying interest for polyester fibres, as cotton-made textile is the major focus for a cotton-growing
He was speaking on the sidelines of the Asian Petrochemical Industry Conference (APIC) 2012, held in
With the expansion,
Lotte Petrochemical PTA (Lotte PPTA) is the sole PTA producer in
The local PTA production of around 450,000 tonne/year can only support around 520,000 tonnes/year polyester production given a 0.86 conversion ratio from PTA to polyester, the source said.
This was echoed by a major Indian PTA producer who runs a 550,000 tonne/year PTA plant at Panipat in
“We are studying the possibility of selling cargoes into
The distance from Panipat to
Novatex runs a 900 tonnes/day of PET bottle chip line and a 100 tonne/day of spinning line at
By Becky Zhang
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