EIPET further delays start-up of Egyptian PET plant to early January

12 December 2013 09:38 Source:ICIS News

LONDON (ICIS)--Egypt-based polyester producer EIPET will start up one polyethylene terephthalate (PET) line at its new plant in Ain Sokhna in early January, after another delay of a few weeks, a company source said on Thursday.

“I think it will be more into early January now,” the source said.

EIPET’s Ain Sokhna facility has two lines of 225,000 tonnes/year each and was originally due online in March/April 2013, but the start-up was delayed several times.

On 5 December, the unit was scheduled to come up later this month.

This latest delay also pushes back the start-up of the second line.

“As soon as one line is up and running they will immediately start the second one. Start-up will take about one month,” the source added.

Material from this facility is destined for the north African market and also gor export to Europe.

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.

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By Caroline Murray