Mitsui Chemicals Enhances Global Competitiveness of PTA Business

It is reported that Japan’s Mitsui Chemicals Corporation is actively adopting measures to expand capacity of local and overseas production plants to enhance the global competitiveness of the purified terephthalic acid (PTA) business.

Amoco Mitsui PTA Indonesia's 30,000-tonne/year PTA plant debottlenecking and transformation project in Indonesia is expected to be completed this fall, and the capacity will reach 500,000 tons/year. The plant's products are mainly used to meet the growing demand for polyester fiber and PET resin for PET bottles in Indonesia. In addition, Indonesia's supply shortage is imported from Mitsui's Thai production base.

Siam Mitsui PTA's new installation of an anaerobic water treatment system in Thailand will be completed in June 2012, which will significantly increase the competitiveness of PTA production costs. According to the company's plan, the Thai PTA plant will be the main export base, of which 50% of the products will be exported for supply to Vietnam, the Middle East and other regions.

In addition, Mitsui Chemicals is also working with its partner, Idemitsu Kosan, to study the feasibility of building a large-scale refinery- petrochemical project in Vietnam and to consider the use of paraxylene produced by a petrochemical plant as a raw material to produce PTA in Vietnam.

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