(ICIS) -- India's Reliance Industries is on track with its plans for two new worldscale purified terephthalic acid (PTA) plants and investments in paraxylene (PX), polyester and polyethylene terephthalate (PET), a source close to the company said on Tuesday.
⌠The first PTA plant of 1.1m tonnes/year at Dahej, Gujarat, is scheduled to start up in the first quarter of 2013, and the second one will start 6-12 months later, he said.
Invista would supply technology for the first plant, which would have a single reactor, while Reliance was still evaluating technology options for the second plant, he added.
The new PTA volumes would feed the company's downstream polyester investments at Silvassa, Gujarat, which included a 560,000 tonne/year PET plant and a 360,000 tonne/year partially oriented yarn (POY) unit, he said.
The POY project was already under implementation and should be completed in the next two years while the PET plant would be commissioned in the first quarter of 2013, the source added.