MOSCOW (MRC) -- BP Zhuhai Chemical Co Ltd is likely to start a new purified terephthalic acid (PTA), reported Apic-online.
A Polymerupdate source in China informed that the plant is planned to be started in March 2015.
Located in Zhuhai, China, the plant has a production capacity of 1.25 million mt/year.
As MRC wrote before, BP has planned to invest over USD200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world.
PTA is the raw material used to make polyethylene terephthalante (PET) and polyester which is found in a wide range of consumer goods ranging from fabrics to food and beverage containers. The BP Cooper River site is the largest PTA producer in the Americas and BP Geel is the largest in Europe.
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.