Global PET market
by Anwar Ali Online Marketing Professional
The global PET markets is expected to see new capacities as of the fourth quarter of 2013 as per ChemOrbis.
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Review on Global PET market
In Egypt, the Egyptian Indian Polyester Company, S.A.E (EIPET), delayed the start-up of their new PET plant located in Ain Sokhna, Egypt for a few more weeks to late December. The plant was still undergoing test runs at the end of November. EIPETs plant consists of two lines, each of which has a capacity of 210,000 tons/year. Output from the plant was said to be directed to North America, North Africa and Europe.Indias Polyplex also delayed the start up of its new PET bottle plant in Corlu, Turkey to the end of this year from the middle of December. The company will commission their 600,000 tons/year PET plant in two phases. The first phase will bring 300,000 tons/year of capacity on-line while the remaining 300,000 tons/year capacity is slated for start up around 12-24 months after the completion of the first phase.
Turkeys Koksan started commercial deliveries from the first line of their new PET plant in Gaziantep, Turkey towards the end of November after completing trial runs that started earlier in the same month. The start-up of the plant, which consists of two lines each with a capacity of 216,000 tons/year, faced several delays since June this year.
Read more..http://www.plasticsinfomart.com/global-pet-market-to-see-new-capacities-as-of-q4-2013/
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Created on Dec 11th 2013 01:24. Viewed 1,174 times.
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