Home / Knowledge / News / Textiles / M&G announces 200 kMT capacity expansion in Brazil
M&G announces 200 kMT capacity expansion in Brazil
25
Aug '08
The M&G Group (Gruppo Mossi & Ghisolfi) announced that it has started an investment to expand the capacity of its single reactor Brazilian PET plant to 650 kt/year from its current 450 kt/year rate.

The expansion investment is expected to require 12-15 months before it comes on stream; necessary equipment parts orders have already been placed. With the expansion, M&G Brazil PET plant, located in Ipojuca in the State of Pernambuco, will remain by far the largest single reactor PET plant in the world.

M&G Brazil plant is also the most innovative in the industry, as it employs M&G's unique and proprietary technologies such as FlexPETTM - designed to achieve large scale, economically viable barrier-enhanced PET production - and EasyUp - M&G's innovative viscosity upgrading process which substantially reduces the costs, while retaining the flexibility benefits of the SSP manufacturing step.

Marco Ghisolfi, CEO of M&G's Polymers Business Unit said, “I am very happy to be able to re-confirm M&G Group's commitment to Brazil and to the PET industry”. He added “Even if growing significantly, we estimate that Brazil's PET market will only reach 650 kt/year in 2012 or 2013. However, we have decided to anticipate our plant capacity expansion to ensure that we continue to provide stability, support and technological leadership for the growth plans of the many M&G customers who have entered into medium term contract commitments with us in Brazil.

Gruppo Mossi & Ghisolfi

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

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

Eric Scholler
Groz-Beckert

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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