by Millionaires | Aug 3, 2020 | Industry And Cluster, News & Insights
Indian state-controlled refiner IOC will invest 138bn rupees ($1.84bn) to build paraxylene (PX) and purified terephthalic acid (PTA) plants in the eastern state of Odisha, as part of efforts to expand its polyester business in the country. The new plants...
by Millionaires | Jul 3, 2020 | Industry And Cluster, News & Insights
Costs of raw material for polyester have started moderating due to outbreak of novel coronavirus (COVID-19) in China. This is impacting demand and production of polyester yarn in China, and thereby disrupting its supply chain. The current situation, along...
by Millionaires | Jun 19, 2020 | Industry And Cluster, News & Insights
The Oerlikon Barmag Huitong Engineering joint venture, part of the Oerlikon Manmade Fibers segment, has recently commissioned a polycondensation system which feeds a polyester industrial yarn system. The future operator will be industrial yarn manufacturer...
