Thailand’s Indorama Polymers plans to ramp up production at its capacities as petrochem demand picks up in Asia. As buyers return to the markets, availability of paraxylene (PX), feedstock for Purifieed Terephthalic Acid (PTA) seems to restricted, spiking prices by over 300 dollars to US$950/MT.
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Monday, February 16, 2009
Indorama Polymers plans to expand PX capacity
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