JBF on target to start Belgian PET plant in Q1 2014

29 May 2013 17:25  [Source: ICIS news]

LONDON (ICIS)--India's JBF is on target to start production at its new polyethylene terephthalate (PET) plant in Geel, Belgium, in the first quarter of 2014, a company source said on Wednesday.

"The commissioning and pre-commissioning activity is supposed to commence in March. The original timing was the same, but instead of February we are looking at commissioning in March. The equipment erection has already started," the source said.

Nameplate capacity is expected to reach 440,000 tonnes/year, he added.

Germany-based chemical engineering firm Uhde Inventa-Fischer announced on 17 October 2012 it had won a contract to build the plant with a nameplate capacity of 432,000 tonnes/year.

JBF had announced in August 2011 that it planned to build the facility through a joint venture with the Ras Al Khaimah Investment Authority, an investment group controlled by the United Arab Emirates government. At the time, plant capacity was predicted to be 390,000 tonnes/year, with start-up forecast in 2014.

($1 = €0.78)

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By: Caroline Murray
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