EIPET to start one line at new Egypt PET facility

18 October 2013 14:00  [Source: ICIS news]

LONDON (ICIS)--Egypt-based EIPET will start up one polyethylene terephthalate (PET) line at its new plant in Ain Sokhna and will have material to sell commercially from this unit from mid-November, a market source said on Friday.

EIPET’s Ain Sokhna facility has two lines of 225,000 tonnes/year each and was originally due online earlier this year but the start-up was delayed.

"Both lines are now ready but we will start production at one line first and the second line will start up three to four weeks later," the source said.

Material from this facility will be sold in the north African market and also to Europe, according to the source.

EIPET is a joint venture of India's Dhunseri Petrochem and Tea and two Egyptian state-owned companies, Egyptian Petrochemicals Holding and Engineering for the Petroleum and Process Industries.

Author: Renee Lawrence

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