Business Services Industry
CHINA: Construction start-up on previously announced 500,000 metric ton per year purified terephthalic acid (PTA) plant is tentatively scheduled to begin some time during the first quarter of the year 2003, MITSUI CHEMICALS INC. [Japan] - Order #: 094802.
WWP-Business Opportunities in Asia & the Pacific, September, 2002
PROJECT OVERVIEW:
Japan-based MITSUI CHEMICALS INC. recently announced that local officials had given the green light for the company's plans to build a previously announced purified terephthalic acid (PTA) plant in the country. And, the company soon expects to get final approval from the Chinese government.
Construction plans under consideration call for building a complex with an installed production capacity of 500,000 metric tons per year. The facility, of undisclosed cost, is to be sited a Zhangjiagang.
As things currently stand, construction work is tentatively scheduled to begin some time during the first quarter of the year 2003 and, commercial operations are slated to start-up about 2 years later.
MITSUI CHEMICALS has a...
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