Two new PTA plants operational in China, import increases

摘要

Two new purified terephthalic acid (PTA) plants have become operational in China, which has led to a rise in demand and consequently an increase in imports of paraxylene (PX) in September 2012. A new plant with capacity to produce 1.5 mln tpa of PTA was made operational in Zhejiang province by Jiaxing Petrochemical in August-end. This was followed by the start of 2.2 mln tpa PTA plant in Dalian by Hengli Petrochemical last month. This has resulted in an increase in demand for key feedstock PX.