Ibrahim Fibre on track to complete Pakistan PSF unit in December

11 September 2012 08:51  [Source: ICIS news]

SINGAPORE (ICIS)--Pakistan’s Ibrahim Fibre is on track to complete building its new 232,750 tonne/year polyester staple fibre (PSF) plant in December this year, a company executive said on Tuesday.

“The trial production is expected in January 2013,” Ibrahim Fibre director Shahid Amin told ICIS.

The new plant, in which the company is investing $250m (€195m), will more than double the company’s polyester staple fibre capacity to 442,750 tonnes/year, Amin said.

The company currently operates two polyester fibre plants in Pakistsan – a 70,000 tonne/year unit and a 140,000 tonne/year unit – and sells its entire production to the domestic market, where demand is high.

($1 = €0.78)

By: Tahir Ikram
+65 6780 4359

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