Indorama completes PTA capacity expansion at Rotterdam facility

Indorama completes PTA capacity expansion at Rotterdam facility

10:50 AM, 26th July 2017
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BANGKOK, THAILAND: Indorama Ventures Public Company Limited (IVL) said that it has completed the brownfield expansion of its purified terephthalic acid (PTA) plant in Rotterdam, Netherlands.

This results in the total PTA capacity of 700,000 tonnes per annum at Rotterdam and totally over 1 million tonnes together with Spain.

Currently, the Rotterdam facility produces 380,000 tonnes per annum of PTA which is entirely used as a major feedstock of the site’s integrated polyethylene terephthalate (PET) production, a recyclable packaging material. The expanded plant is undergoing final stages of start-up with expected commercial production in middle August 2017.

“With this low cost proven technology and nearly double the PTA production capacity, the expansion will bring cost synergies to the site. The Rotterdam facility is well positioned to support the continued growth as its location allows access to the whole of Europe,” said Aloke Lohia, CEO of Indorama Ventures.

“This additional production will replace purchased PTA and significantly improve European profitability. We now look forward to the start-up of our gas cracker in Louisiana, US in end of the year. These two landmark projects will enhance earnings and the competitiveness of IVL substantially,” added Lohia.

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