PTA plant shutdowns in Asia

Samsung Petrochemical Co. Ltd.'s 200,000 tpa No.1 PTA plant, has been brought down for maintenance turnaround. Operating rate has been brought down to 90% at several locations: The No.2 500,000 tpa plant, The No.3 700,000 tpa plant and The No.4 PTA plant. Poor production margins have forced S.Korea's KP Chemical to shut down its no.2 PTA unit, indefinitely. The shut down will continue if PTA prices in Asia do not gather momentum.
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