POINTERS
Wellman to invest in PTA technology
Wellman Inc (1040 Broad Street, Shrewsbury, NJ 07702 / USA) has indicated that it plans to invest upstream in PTA technology to supply its growing PET business. According to the company, the decision has been taken to make its business more competitive rather than because of concerns about PTA availability. Wellman is currently building a new PET 320,000 t/y PET plant in Mississippi. Wellman is one of the largest buyers of PTA in the world, annually using over 725,000 t/y to manufacture polyester fibre and PET resins at facilities in Darlington, SC, USA and Emmen, the Netherlands.
30.11.1997 Plasteurope.com [19002]
Published on 30.11.1997