M & G short-term closed PET plant Mexico - Arhive
M & G short-term closed the PET plant in Mexico M & G short-term closed PET plant Mexico
MOSCOW – The Italian company Mossi & Ghisolfi (M & G) Chemicals, one of the three largest producers of polyethylene terephthalate (PET) in the US, stopped production at the polyethylene terephthalate (PET) plant in Altamira (Altamira, Mexico) on July 15, reported ICIS market sources.
According to them, the PET plant in Altamira was stopped for a short while for the sake of precaution because of a flare-up fire at a neighboring plant for the production of terephthalic acid (TPA) by the Mexican company Alpek.
This enterprise with the capacity of 520 thousand tons of PET per year has returned to work already on July 16.
Earlier it was noted that last year the company closed the PET plant in Almamore due to a shortage of raw materials, since Alpek stopped supplying TFK to the company, as well as M & G production in Brazil, as M & G did not pay.
According to the ScanPlast of the Market Report company, in connection with a lack of material in the Russian sector of casting preforms, in May, imports of PET granulate in Russia increased. During the reporting period, 16.44 thousand tons were imported, which is 22% more than a month earlier. For the period January-May 2018, external supplies of material to the country amounted to 50.62 thousand tons, which is 8% more than last year.
Mossi & Ghisolfi (M & G) is a group of petrochemical and engineering companies headquartered in Tortona, Italy. Its wholly owned subsidiary Mossi & Ghisolfi International SA (M & G International) produces PET and is one of the largest producers of packaging PET granulates in the Americas. Total production of PET M & G International is about 1.6 million tons per year.
mrcplast.ru
Author: Margarita Volkova
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