Home / Knowledge / News / Textiles / Two PET lines of KP Chemical to go off-stream
Two PET lines of KP Chemical to go off-stream
Sep '12
South Korea based petrochemical major – KP Chemical is planning to undertake a turnaround at two of its Polyethylene Terephthalate (PET) lines in October 2012.

KP Chemical operates two PET plants in Ulsan. One plant has a single PET line while the other plant has three PET lines.

The plant with the single PET line and one more PET line from the other plant will be shutdown for a maintenance turnaround in October 2012, a company official informed fibre2fashion.

The production capacity of the first line is 200 tons per day and that of the second line is 370 per days, while the combined PET capacity of both the plants is 450,000 ton per annum.

He added that due to the shutdown of two PET lines, the production capacity of both the PET plants will reduce by 15,000 tons per month.

Informing about the current PET price trends, he said, “Crude oil prices had slightly decreased, due which the company tried to maximize its offer price last week to US$ 1500 (FOB Korea).

He added, “But this week, resistance from the buyers is strong, hence the market speculators have also kept a stance of wait and watch and are trying to be quiet flexible enough to offer in the range of US$ 1475/ton to US$ 1485/ton.” 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search