China’s Hengli Petrochemical to start up No 2 PTA unit on 20-22 Oct

18 October 2012 11:17  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Hengli Petrochemical is set to bring its new 2.2m tonne/year No 2 purified terephthalic acid (PTA) plant at Dalian in Liaoning province on stream on 20-22 October, a company source said on Thursday.

“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.

By: Yu Guo
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly