Home / Knowledge / News / Textiles / PetroquímicaSuape starts earthmoving on PTA industry
PetroquímicaSuape starts earthmoving on PTA industry
17
Apr '08
PetroquímicaSuape started the earthmoving for the construction of the purified terefthalic acid (PTA) plant, to be built at Suape, in Ipojuca. The first tractors arrived on Monday (1/7) and are already working. The job is being executed by Lidermac Construções e Equipamentos Ltda. and will be finished until May 7th, 2008.

PetroquímicaSuape's CEO, Richard Ward, announced the work's beginning to Fernando Bezerra Coelho, Economic Development Secretary of Pernambuco.

Despite some federal and state tributary pending issues, the Company decided to start the earthmoving, because of the difficulties that the rain period represents. The new PetroquimicaSuape's schedule foresees the building construction to start in April, with the piling.

PetroquímicaSuape is part of a sequence of investments made by Petrobras Química S/A (Petroquisa) and Companhia Integrada Têxtil do Nordeste (Citene), in order to structure a polyester chain in Brazil, that will be able to offer textile industries the conditions to face Asian competition. PTA is the main raw material used for polyester production.

PetroquímicaSuape's industry will adopt the most modern technology and will be able to produce 640 thousand tons per year, similar to world's biggest plants in operation. US$ 632 million will be invested and the pre-operation is foreseen to the 2nd semester of 2009.

During construction stage, the Company will create about 3.000 jobs and about 1.800 on construction peak. The operation will originate 500 jobs, between PetroquímicaSuape and contractors. In both stages the Company will give preference to the contraction of people from the region.

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X