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Saudi Aramco proposes new PTA plant, looks for investors
06
Jul '11
Saudi Aramco – the Saudi Arabia based petrochemical major, is looking for investors for a potential PTA project, which it has proposed to set up.

The PTA project has been proposed by Aramco to ensure a steady off-take from its 700,000 tons per annum PX plant, slated to come on-stream in the second-half of 2013.

We are looking for investors in the PTA project, said a company official of Saudi Aramco at the Global PX-Polyester Chain Focus 2011.

Saudi Aramco has tied up with Total of France to set up the PX facility, at its Jubail refinery and petrochemical project.

Fibre2fashion News Desk - India

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