Home / Knowledge / News / Textiles / JBF RAK to set up PET facility in Geel, Belgium
JBF RAK to set up PET facility in Geel, Belgium
27
May '11
JBF RAK LLC has entered in to a memorandum of understanding (MoU) with BP Aromatics N.V. to build a PET facility in Geel, Belgium.

The proposed CP/SSP manufacturing unit will be co-located on BP's existing petrochemicals site in Geel, adjacent to BP's world-class PTA facility which will supply Purified terephthalic acid (PTA) directly to the Polyethylene Terephthalate (PET) Plant. The project under discussion is for a 390,000 tonne per year Polyethylene Terephthalate (PET) state of art manufacturing unit in Geel, Belguim, and is scheduled to commence in 2014.

Mr. B.C. Arya, Chairman of JBF Industries Limited, India, says “This co-location PET project combined with the JBF group's expertise in the global PET business provides a sustainable and competitive manufacturing base for PET in Europe and reinforces our long term strategic commitment to our PET customers.”

JBF RAK LLC is a wholly owned subsidiary of JBF Industries Limited. JBF RAK currently operates a 390,000 MT per annum PET Resin and 80,000 MT per annum BOPET manufacturing facility situated in the emirates of Ras Al Khiamah, UAE. The turnover for JBF RAK LLC (stand alone) for the FY 2010-11 (April to March period) is USD 663 Milion with an EBIDTA of USD 120 Million.

JBF RAK LLC today supplied packaging resins & BOPET films to all the leading brand owners & converters globally. The new facility will be a step towards reaching closer to its EU customer base & strengthening its already strong relationship with leading brand owners.

JBF Industries Limited


Must ReadView All

Textiles | On 25th Sep 2017

SVP Group to build $300 mn spinning plant in Sohar

ShriVallabh Pittie Industries (SVP) Group, a diversified yarn...

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Courtesy: Business Wire

Textiles | On 25th Sep 2017

Invista to use ADN technology at joint project in France

Invista, a leading producer of chemical intermediates, polymers, and...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Veronique Lee
Modavanti

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Jay Ramrakhiani
Occasions Elegance Wear

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

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

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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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