Home / Knowledge / News / Textiles / BP to expand purified terephthalic acid operations in Zhuhai
BP to expand purified terephthalic acid operations in Zhuhai
18
Feb '11
BP plc confirmed that it is proceeding with its project for a major increase in purified terephthalic acid (PTA) production capacity at the BP Zhuhai Chemical Company Limited (BP Zhuhai) site in Guangdong Province, China, a JV between BP and Zhuhai Port Co., Ltd. (formerly named Fu Hua Group) and also announced that it is planning to build a new world-scale PTA plant at the same site.

The planned debottleneck at Zhuhai will increase capacity by more than 200,000 tonnes a year from its second unit (Z2), making the total PTA production capacity of the Zhuhai site some 1.7 million tonnes a year.

BP has completed engineering design work for the Z2 debottleneck and expects the expansion to be fully operational in 1Q2012.

A new third PTA plant in Zhuhai is under pre-engineering planning. With a capacity of 1,250,000 tonnes per year, it will be the first to employ BP's latest generation PTA technology and, subject to approval from its shareholders and relevant Chinese government agencies, is expected to come on stream earliest 2014 to meet PTA demand growth in China. This will make Zhuhai the largest PTA site in BP's global PTA system.

Sue Rataj, BP's Chief Executive in Petrochemicals, said: “This investment will be the world's largest single train PTA plant, built in the world's largest and fastest growing PTA market with the world's best and lowest cost technology – once again reinforcing BP's commitment to the PTA business and to China."

The new technology will deliver a step change in environmental performance, particularly reducing both greenhouse gas emissions and other waste streams significantly. It enables scale and cost efficiencies which significantly reduce both capital cost and conversion costs to lower levels than any other PTA technology.

“The significantly reduced environmental and energy footprint of the new technology will help China meet its commitments to environmental protection, energy savings and safety, and should set a new standard for the industry,” said Rataj.

James Yim, President, BP Aromatics Asia and China Olefins & Derivatives added: “With the deployment of this new technology, we will be the most competitive PTA producer in the world. We will actively pursue additional PTA investment options in other area of China as well as other growing markets in Asia.”

The new technology to be used at the expansion of the existing Zhuhai site is also applicable across BP's global PTA system, enabling new globally competitive expansion options.

PTA is the preferred raw material used to manufacture polyethylene terephthalate, a widely used polyester polymer for the production of textiles, bottles, packaging and film products. Government statistics showed that China's PTA consumption in 2009 exceeded 18 million tonnes, of which only around 65 per cent was supplied by domestic production.

BP Zhuhai was formed as a joint venture between BP (85 percent) and Zhuhai Port Co., Ltd. (formerly named Fu Hua Group) (15 per cent) in 1997. The venture's first and second PTA plants, with total capacity of some 1.5 million tonnes a year, began production in 2003 and 2008 respectively.


Must ReadView All

Japan’s JICA promoting energy-saving devices in Bangladesh

Apparel/Garments | On 21st Feb 2018

Japan’s JICA promoting energy-saving devices in Bangladesh

The Japan International Cooperation Agency (JICA) is promoting use of ...

China’s JD.com announces financing pacts for JD Logistics

Textiles | On 21st Feb 2018

China’s JD.com announces financing pacts for JD Logistics

China’s largest retailer JD.com Inc recently announced it has entered ...

Courtesy: Indorama Ventures

Textiles | On 21st Feb 2018

IVL 2017 revenue up 17% y-o-y to $8,438 million

Indorama Ventures Public Company Limited (IVL) has reported revenue...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Suresh Patel
Sidwin Fabric

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

Eamonn Tighe
Nature Works LLC

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

February 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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