Terephthalic acid news

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  13 November 2025

  LOTTE Chemical Sells 75.01% Stake in LCPL

  The sale to PTA Global Holding Ltd. secures KRW 127.6 billion, enhancing financial stability and focusing on high-value specialty materials.
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  5 September 2025

  Indorama Ventures Enables Scalable Bio-Based PET Fibers

  Indorama Ventures offers a certified low-carbon supply chain for bio-based PET fibers, ensuring performance and traceability while reducing emissions and supporting rapid market deployment.
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  11 August 2025

  matterr Secures €30M EU Grant for Polyester Recycling Plant

  The €63M project will build a 10,000-tonne polyester recycling plant in Germany by 2027, aiming to transform waste into high-quality feedstock for packaging and textiles.
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  21 January 2025

  INEOS Aromatics Gains Environmental Support for Geel Permit After Talks

  A new permit aligns cobalt discharge with water standards, reducing emissions by 90% by 2027. A monitoring committee will oversee progress, urging government action on water policy.
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  28 March 2024

  SASA Boosts Polyester Output with New PTA Plant

  The new PTA plant in Adana aims for 1.75 million tons annually, reducing import reliance, cutting costs, boosting production, creating jobs, and lowering emissions with Invista technology. Completion by Q4 2024.
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  29 November 2023

  INEOS Aromatics to Mothball PTA Plant in Geel, Belgium

  Rising costs make European PTA production uncompetitive. Affected employees will be consulted for redeployment. Customers remain unaffected as the larger, efficient PTA unit continues operations.

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  27 June 2023

  DePoly SA secures CHF 12.3m to scale unique plastic recycling technology in Switzerland

  A new CHF 12.3m seed round will help scale a pilot plant in Valais, Switzerland, using a unique chemical recycling process to convert PET plastics and polyester textiles into raw materials.
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  2 March 2021

  SASA Partners with Técnicas Reunidas for PTA Plant Expansion

  A new PTA plant in Adana aims to boost local production, reduce imports, create jobs, and enhance sustainability, marking a significant step in Turkey's polyester industry growth.
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  10 January 2018

  Indorama Expands European Leadership with ZILS Acquisition

  The new owners will start maintenance in January 2018, increasing the workforce by 10%. Production begins in the second half of 2018, with 80% for Europe and Turkey, and 20% for the Americas and Middle East.
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  6 February 2015

  Indorama Expands PTA Plant in Rotterdam

  The PTA plant's capacity will increase from 350 to 600 kilotonnes per year with a new RTO unit. PET recycling technology is also being developed, enhancing production capacity significantly.
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  17 November 2014

  BP to Invest $200M in Upgrading U.S. and Belgian PTA Plants

  The upgrades will enhance efficiency, reduce costs and emissions, and create 100 construction jobs in Geel. Completion is expected by 2016, benefiting local businesses and cutting emissions significantly.
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  30 June 2014

  JBF Industries Launches Europe's Largest PET Plant in Belgium

  The new PET plant in Geel, co-located with BP's PTA facility, has started production. The first line produces 216,000 m.t./year, with the second line coming online soon.
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  26 October 2011

  Wilton Site PET Expansion Approved

  The UK Government and KP Chemical support a new 200 ktpa PET plant at Wilton, operational by Q3/4 2013, enhancing capacity and product range, including recycled PET resins. Local MP endorses the project.