18 October 2012 11:17 [Source: ICIS news]
“We plan to start up the PTA unit over the weekend,” the source said.
This new start-up date was finalised after the producer said it will start up the PTA unit in the second half of October.
Market sentiment is expected to dampen among PTA players after the start-up of Hengli’s plant, traders said.
The Chinese producer’s 2.2m tonne/year No 1 PTA plant at the same site is currently running at around 90% capacity, the source added.
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