Taiwan’s OPTC to start up new 1.5 mil mt/year purified terephthalic acid plant next week – Oriental Petrochemical (Taiwan) Co. Ltd. plans to start up its new 1.5 million mt/year purified terephthalic acid plant in Taiwan’s Taoyuan -Taiwan OPTC purified terephthalic acid - Arhive

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Taiwan’s OPTC to start up new 1.5 mil mt/year purified terephthalic acid plant next week

Singapore (Platts)

Taiwan OPTC purified terephthalic acid Oriental Petrochemical (Taiwan) Co. Ltd. plans to start up its new 1.5 million mt/year purified terephthalic acid plant in Taiwan’s Taoyuan next week, after receiving approval from local authorities to do so, a source close to the company said Tuesday.

The plant would initially carry out trial runs, the source said.

Commissioning of the plant was completed earlier in October, S&P Global Platts reported previously.

OPTC operates two other PTA plants at Taoyuan — the 400,000 mt/year No. 1 plant and 500,000 mt/year No. 2 plant.

Although company officials previously said the 400,000 mt/year plant would be shut permanently when new plant began operations, the source said this would depend on market conditions.

–Gustav Holmvik, gustav.holmvik@spglobal.com

–Edited by Irene Tang, irene.tang@spglobal.com

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