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Fibres/​Yarns/​Fabrics

IVL completes European PTA capacity expansion

Currently, the Rotterdam facility produces 380,000 tonnes per annum of PTA.

25th July 2017

Innovation in Textiles
 |  Bangkok

Transport/​Aerospace

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 Group 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, USA in end of the year. These two landmark projects will enhance earnings and the competitiveness of IVL substantially.”

Indorama Ventures Public Company Limited, listed in Thailand, is one of the leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia, Europe and North America. The company’s portfolio comprises Necessities and High Value-Added (HVA) categories of polymers, fibres, and packaging, selectively integrated with self-manufactured ethylene oxide/glycols and PTA where economical. IVL products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire, and safety segments.

www.indoramaventures.com

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