Home / Knowledge / News / Textiles / Interquisa PTA plant back in operation after force majeure
Interquisa PTA plant back in operation after force majeure
27
May '08
Interquisa, one of the foremost and by far the only producer of purified terephalthalate acid (PTA) in Spain, declared shut down of its production line following compressor problems.

This abrupt outage in production was unwished for, especially at a time when demand for PTA is surging as polyethylene terephthalate (PET) enters the peak summer season.

However, the repercussions of this halt are still to be seen, with players settling business several months in arrears.

Nonetheless, an obvious pressure was felt on prices which were reported at US $58 per ton last week. Spot PX prices also reached record highs in Europe on May 13.

In an exclusive interview with Fibre2fashion, an official of Interquisa confirmed the stoppage saying, “It was an emergency shutdown due to technical problems at its 750,000 ton per year plant in San Roque beginning in early May. However, now the plant is running with its full capacity.”

Moreover, the official also informed about a 5 day planned shutdown of their Denerise plant for revamping to give better performance. Besides, another unit at Helva will also go for a 7 day planned outage for regular maintenance of its bis cracker.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Igor Chapurin
Chapurin

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

Sonam & Paras Modi
SVA

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
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