Suppliers in the race to expand PET output globally

摘要

One of the largest vertically integrated polyester chain producers in the world, Thai company Indorama Ventures, is now increasing its capacity for purified terephthalic acid (PTA) in Europe and is looking at establishing PET and PTA plants in Asia and the Middle East. Meanwhile, another supplier that is neck and neck with Indorama in the race to be the world's largest PET producer is Italian company M&G. It will build a 1 million-tonne single-line PET plant in the US.