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DAK Americas closing PTA, PET plant in North Carolina

DAK Americas closing PTA, PET plant in North Carolina

HOUSTON (ICIS)--DAK Americas plans to close its operations near Wilmington, North Carolina, where it produces purified terephthalate acid (PTA), polyethylene terephthalate (PET) resins and polyester stable fibres, the company announced on Wednesday.

DAK expects the closure of its Cape Fear Site to be completed by September, the company said in a news release.

The plant has a total nameplate capacity of 550,000 tonnes/year of PTA for its two units, according to ICIS plants and projects.

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