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(ICIS) -- Thailand-based Indorama Ventures
will build a 220 KTa polyethylene terephthalate (PET) expansion project at its
site in Wloclawek, Poland, the company told ICIS on Monday. The project will
raise PET capacity at the site, formerly owned by Poland-based SK Eurochem, to
360 KTa Indorama Ventures said. The project is expected to be completed in
2013, it added. The investment cost was not disclosed. The company had been
considering two locations for the project: either in Wloclawek or in Rotterdam,
the Netherlands. It originally announced plans in April to add 220 KTa of
PET capacity in Europe by 2013 but did not disclose further details.
Indorama Ventures intends to source purified terephthalic acid (PTA)
feedstock from PKN Orlen’s new PTA plant, also in Wloclawek, which was
officially opened last week.
mrcplast.com
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