Monday, March 24, 2008

La Seda de Barcelona to build 700,000 tpa PTA plant in Portugal

As a solution to the problem of material shortage in Europe, Spanish PET producer La Seda de Barcelona plans to build a 700,000 tpa PTA (purifed terephthalic acid) plant in Sines, Portugal. Europe currently imports 400,000 tons of PTA from Asia. PTA is a key raw material in the manufacture of polyester and PET.
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