MOSCOW (MRC) -- BP Zhuhai is in plans to start a new purified terephthalic acid (PTA) plant in China, reported Apic-online.
A Polymerupdate source in China informed that the plant is likely to start in Q4, 2014. The exact start-up schedule of the plant could not be ascertained.
To be located in Zhuhai province, China, the plant will have a production capacity of 1.25 million mt/year.
As MRC informed earlier, China based company Xianglu Petrochemical started up its new purified terephthalic acid (PTA) plant in end-November 2013. Located in Xiamen, China, the plant has a production capacity of 1.5 million mt/year.
BP is one of the world's leading international oil and gas companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.