PTA plant likely to be shut by Oriental Petrochemical

:: 6 Nov  2013 ::

Oriental Petrochemical is in plans to shut a purified terephthalic acid (PTA) plant.

A Polymerupdate source in Taiwan informed that the plant is likely to be shut on November 6, 2013. The shutdown has been attributed to weak market conditions.

Located in Taoyuan, Taiwan, the plant has a production capacity of 400,000 mt/year.

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