Tag Archives | PTA

PX Goes Green

By Malini Hariharan

Work on commercialising a green route to paraxylene (PX) purified terphthalic acid (PTA) and other aromatics is speeding up.

US companies are at the forefront of recent developments. Virent is looking to produce a sugar-based ­aromatics stream …

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China Polyester Chain Weakens

By Malini Hariharan

The polyester chain is feeling the strain of poor Chinese demand.

Weak export demand and Chinese government policy are also impacting this sector, as is the case in polyolefins.

A further factor behind the problems in the polyester …

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India polymer exports to Pakistan set to rise

By Malini Hariharan

After years of waiting truck movement of petrochemicals from India to Pakistan has started paving the way for Indian companies to boost their exports.

Indian Oil Corp (IOC), which regularly exports polyethylene (PE) and polypropylene (PP) by …

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More PTA for India

By Malini Hariharan

India trails far behind China in the polyester business but there is growing interest in new investments that also extends upstream to purified terephthalic acid (PTA).

The latest entrant to the projects listing is Thai major Indorama …

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IOC Defers PX/PTA, Proceeds With Acetic Acid, Butene-1

By Malini Hariharan

The blog continues with a review of Indian projects.

State-owned refinery major Indian Oil Corp (IOC) has deferred its paraxylene (PX) and purified terephthalic acid (PTA) projects at Vadodara in Gujarat state, to post 2015.

“The project …

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PX – PTA market struggle intensifies

By Malini Hariharan

Asian paraxylene (PX) and purified terephthalic acid (PTA) markets have started 2012 on a contentious note that is likely to be repeated for the rest of the year.

The January Asian Contract Price (ACP) for PX is …

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Polyester still booming

By Malini Hariharan

The blog has been listening to some interesting presentations on the polyester chain at the Indian Petrochem – 2011 conference in Mumbai.

The global economic slowdown does not appear to have dampened prospects for polyester demand.

“Demand …

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PTA And PX Keep Sliding

By Malini Hariharan

Asian spot prices for polyester raw materials continued to fall last week as concern on lack of buying support from the China market where concerns about the health of the global economy dampened sentiment.

Purified terephthalic acid …

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More trouble for paraxylene ACP

By Malini Hariharan

In yesterday’s post the blog made a reference to the difficulty in settling the October Asian contract price (ACP) for paraxylene (PX).

Wide differences in price expectations have held up negotiations with buyers rejecting producers’ initial efforts …

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MEG bucks the trend

By Malini Hariharan

There are some exceptions to the generally weak petrochemical markets seen in Asia these days and monoethylene glycol (MEG) is one such product.

Spot prices have hit a 44-month high of $1,275-1,280/tonne CFR China and are expected …

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