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BP Zhuhai closes part of PTA plant for maintenance
06 Nov '12
1 min read
BP Zhuhai Chemical Co. Ltd. (BPZ) located in Zhuhai, in China's Guangdong province has announced that it has shutdown a part of its purified terephthalic acid (PTA) plant with total production capacity of 1.1 million tons/year for maintenance.
However, another PTA production line with capacity of 600,000 tons/year is operating normally and all its output is being supplied to contract buyers.
The company said sales are fair and inventories are at low level at its end.
BPZ introduced the settlement price at 8650 yuan/ton for October PTA contract, while the listing price for November PTA contract is being implemented at 8800 yuan/ton.
Fibre2fashion News Desk - China
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