Thursday, November 20, 2008

La Seda agrees to 15-year finance package for PTA project in Portugal

La Seda de Barcelona - a principal European PET producer has agreed for long term finance of €320 mln for its planned PTA project in Portugal. The company has plans to build a plant in Sines, south off Lisbon, a 700,000 tpa purifed terephthalic acid (PTA) plant.

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