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Related Keywords: All Pakistan Textile Mills Association, basic textile raw materials cotton and PSF, cotton, domestic polyester manufacturers, entire textile export value chain, global market players, man-made textile products, manmade textiles, polyester fiber chain, Polyester prices, polyester staple fibre, PSF, PTA and PSF plants, PTA plant, raw materials, synthetic market, Textile exporters, yarn manufacturers

The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting was also of the view that one of the main causes of the non viability of domestic polyester fiber chain is the protection extended to the obsolete PTA plant over the last 25 years.

Related Keywords: bring cost synergies to the site, Indorama Ventures Public Company Limited, leading petrochemical producers, location allows access to whole of Europe, low cost proven technology, PTA plant, Purified terephthalic acid, Rotterdam facility, successfully completed capacity expansion, total PTA capacity of seven lakh tonnes per annum

Indorama Ventures Public Company Limited, one of the leading petrochemical producers, has successfully completed capacity expansionn of its Purified Terephthalic Acid (PTA) plant, resulting in the total PTA capacity of 700,000 tonnes per annum at Rotterdam.

Aloke Lohia Group CEO of Indorama Ventures said that with this low cost proven technology and nearly double the PTA production capacity, the expansion will bring cost synergies to the site. The Rotterdam facility is well positioned to support the continued growth as its location allows access to the whole of Europe.

Related Keywords: commissioned Purified Terephthalic Acid, highly environment friendly, JBF Petrochemicals step subsidiary of JBF Industries, Karnataka, Mangalore SEZ, most cost effective, PTA plant, uses British Petroleum technology, world largest single reactor train PTA plant

JBF Petrochemicals step subsidiary of JBF Industries has commissioned its Purified Terephthalic Acid (PTA) plant at Mangalore SEZ, Karnataka. This is the world’s largest single reactor train PTA plant.

The plant, with capacity of 1.25 million tonnes per annum, uses British Petroleum (BP) BP technology, known to be the most cost effective and highly environment friendly.

Production of PTA is a backward integration for JBF Industries and its subsidiaries abroad, making the company self sufficient in meeting its PTA requirements.