Turkey's Koksan delays startup of Gaziantep PET plant to June

28 February 2013 15:08  [Source: ICIS news]

LONDON (ICIS)--Turkey's Koksan has delayed the start-up of its new polyethylene terephthalate (PET) resin plant in Gaziantep, Turkey, to the middle of June due to technical reasons, a company source said on Thursday.

"We are planning to start commissioning at the beginning of May and plan to start up in the middle of June, if everything is okay after commissioning," the source added.

As well as delays caused by technical issues such as piping and welding, the weather has hampered the start-up of the first of two 216,000 tonne/year PET lines.

Koksan is planning to start a second identical line in 2015, pending favourable market conditions, although building has yet to start on this.

"All utilities are already arranged and built for both lines," according to the source.

The first line was originally due up in the second half of 2012 and was then delayed to April 2013.

Around 30-35% or more of the PET will be destined for the domestic market and the remaining volume will be for export to the Middle East, CIS, Africa, Europe and Asia.

Between 40-60% will be dedicated to the production of preforms, the source said.

The new capacity is located next to Koksan's existing PET pre-forming and bottling facilities in Gaziantep.

($1 = €0.76)

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By: Caroline Murray
44208 652 3214



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