JBF Petrochemicals commissions 1.25 mln tpa Purified Terephthalic Acid (PTA) plant

03-Apr-17

JBF Petrochemicals, step subsidiary of JBF Industries has commissioned its Purified Terephthalic Acid (PTA) plant at Mangalore SEZ, Karnataka. Production of PTA is a backward integration for JBF Industries and its subsidiaries abroad, making the company self sufficient in meeting its PTA requirements.

“The plant, with capacity of 1.25 mln tonnes per annum, uses British Petroleum’s (BP) BP technology, known to be the most cost effective and highly environment friendly. This is the world’s largest single reactor train PTA plant,” JBF Industries chairman Bhagirath C Arya said in a filing with the Bombay Stock Exchange. “Pursuant to the initial run, the company plans to take routine checks and remove deficiencies, based on technical guidelines, for sustainable satisfactory technical performance. This new plant will increase the competitiveness of the company in the polyester chain and is expected to improve margins,” the statement said.