MOSCOW (MRC) - Polief plant, the Bashkirian subsidiary of SIBUR, resumed production of PTA on one of two lines at the plant in Blagoveshchensk last week, according to the ICIS-MRC Price Report.
The production of PTA will be launched on the second line in the coming days, according to market participants. Also, the resumption of PET production is planned at the beginning of December.
There were no free volumes of PET at the Polief and Sibur-PET plants this week for spot buyers.
Earlier it was reported about an accident at Polief, which happened on 9 October. Due to the collapse of the concrete tank, about 8 tonnes of untreated sewage spilled onto the territory of the plant and adjacent.
Polief launched the production of terephthalic acid (PTA) in Blagoveshchensk in September. The modernisation of the production of terephthalic acid (PTA) at Polief was completed in mid-August. The volume of consumption of PTA in the Russian market is about 500,000 tonnes per year.
Thus, the reconstruction of the existing production at Polief with an increase in the production capacity of the product from 272,000 tonnes to 350,000 tonnes per year will significantly replace imports.
SIBUR began the reconstruction of the production of PTA in Blagoveshchensk in December 2017. Polief JSC (Blagoveshchensk, Republic of Bashkortostan) is the only producer of terephthalic acid and the largest supplier of polyethylene terephthalate in Russia. The capacity for the production of PTA after modernisation is 350,000 tonnes per year, PET - 219,000 tonnes per year.
MRC