Artlant starts PTA plant at Sines site

Artlant starts PTA plant at Sines site

11:01 AM, 6th April 2012
Artlant starts PTA plant at Sines site

MONTE FEIO, PORTUGAL: Artlant PTA has started manufacturing purified terephthalic acid (PTA) at its new unit located in Sines, this is the most recent and modern PTA plant in Europe and one of the main industrial projects built in Portugal with an investment of over €400 million. The unit has an installed capacity of 700 thousand tonne of PTA, which will be used mainly in the polyester industry, for the manufacture of fibres and PET packaging. With this capacity, Artlant PTA will become the second largest European producer with the most recent and modern industrial unit in the whole of Europe.

Taking into account the current international market prices, the annual turnover could exceed €600. The Sines plant plans to export 95 per cent of its production volume and will generate about 400 direct and indirect jobs. Its location in Sines is strategic and will facilitate shipping of the product worldwide, in a fast and economical way. Artlant’s key market will be Europe, but the target regions also include Africa, Baltic States, the Middle East, India and Brazil.

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