Taiwan’s Oriental Petchem to keep PTA plant shut upto end-December

22 November 2013 06:19  [Source: ICIS news]

SINGAPORE(ICIS)--Taiwan’s Oriental Petrochemical may keep its 400,000 tonne/year purified terephthalic acid (PTA) unit at Kuanyin in Taoyuan off line up to end-December because of poor demand, a company source said on Friday.

The plant was shut on 6 November and was initially expected to be down until mid-December, the source said.

Lower operating rates of Taiwan’s polyester plants since October has resulted in weaker demand for PTA, the source said.

By: Becky Zhang
+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