Xianglu Petrochemical plans to start new PTA plant in Q3

China based - Xianglu Petrochemical plans to start a new purified terephthalic acid (PTA) plant by the end of the third quarter, as per Fibre2fashion.com. The 4.5 mln tpa PTA plant is being set up at an estimated investment of US$400 mln. The plant is presently under construction and is expected to be completed at the beginning of Q3 2013. “Trial runs at the plant located at Fujian province, China are planned to be undertaken in the beginning of Q3-2013 and production is planned to begin at the end of the same quarter,” as per a company official.
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