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PTA: Tight supply and demand, considerable profits
Time of Update: 2022-08-17
2 million tons/year PTA unit will be put into operation, which may have a negative impact on the market, but the simultaneous follow-up of new downstream production capacity will weaken this negative situation, and the market may still maintain a tight balance in the first half of the year .
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PTA becomes a new support for the polyester industry chain
Time of Update: 2022-08-17
4 million ton/year PTA expansion project On May 23, Dongfang Shenghong announced that in order to further consolidate the scale advantage of PTA (purified terephthalic acid) production capacity and enhance the comprehensive competitiveness of the entire polyester chemical fiber industry chain, its wholly-owned subsidiary - Jiangsu Honggang Petrochemical Co.
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Zhejiang Dushan Energy Phase II 2.2 million tons PTA project officially started
Time of Update: 2022-08-17
2 million The ground pipe construction of the main device and circulating cooling tower system installation project of the second phase of the ton PTA project began, marking the official start of the project The process pipeline of the project is 500,000 inches in diameter, the steel structure is 11,000 tons, the cable is 347,700 meters, and the ground pipe is about 30,000 inches in diameter .
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Demand is limited, PTA's weak pattern is difficult to change
Time of Update: 2022-08-15
The picture shows the daily operating rate and daily output of the PTA device In early August 2020, boosted by the shutdown of multiple domestic PTA devices for maintenance, the PTA futures price continued to rise.
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The arrival of peak consumption season stimulates PTA prices to rise
Time of Update: 2022-07-06
Downstream companies continue to de-stock According to the survey report by Zhuochuang on the order recovery of all links of the polyester terminal in mid-August, the number of days of raw material inventory of the investigated companies is concentrated in 10-20 days, accounting for 33.
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Terminal demand has picked up, PTA consumption peak season is coming
Time of Update: 2022-07-05
The improvement of overseas epidemics has reduced the demand for epidemic prevention materials, while the decline in domestic clothing exports has significantly reduced, indicating that the increase in economic activities in major global markets has increased the demand for clothing.
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The supply and demand pattern is not optimistic. PTA futures prices are hard to pick up
Time of Update: 2022-07-03
From September to October, the supply of PTA is likely to increase slightly, and the higher polyester inventory limits the recovery of terminal demand to be transmitted more upstream.
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Demand is not optimistic, PTA is difficult to rebound sharply
Time of Update: 2022-06-30
Although the polyester filament factory is currently in a disadvantageous situation of loss and high inventory of finished products, due to the historical low price of raw materials and the consideration of maintaining share, the filament load has not fallen sharply after April, and from the perspective of later forecasts, good Bao, Hengli and other devices still have plans to restart.
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Jiatong adopts INVISTA technology to build PTA device
Time of Update: 2022-06-23
and INVISTA Advanced Technologies have signed a technology agreement with Jiangsu Jiatong Energy Co.
and INVISTA Advanced Technologies have signed a technology agreement with Jiangsu Jiatong Energy Co.
, authorizing Jiatong to use INVISTA’s latest purified terephthalic acid (PTA) process technology to build two sets of PTA production Device.
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PTA long-term supply pressure increases
Time of Update: 2022-06-18
In the first half of the year, both the domestic retail market and exports of the terminal textile and apparel suffered heavy losses, but the terminal contradiction was not completely transferred to the PTA factory, but was partially digested in the polyester link.
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Sanfangxiang subsidiary plans to invest 4.515 billion yuan to expand PTA production capacity to 5 million tons
Time of Update: 2022-06-01
After the new capacity is completed, the company will form a PTA production scale with an annual output of 5 million tons .
After the new capacity is completed, the company will form a PTA production scale with an annual output of 5 million tons .
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With an investment of nearly 11.5 billion yuan, Hengli Petrochemical will build a new 2×2.5 million tons/year PTA project
Time of Update: 2022-05-28
The main contents of the announcement are as follows: In order to further consolidate the advantages of upstream production capacity, enhance the comprehensive competitiveness of the entire polyester chemical fiber industry chain, and enhance the sustainable profitability of listed companies, Hengli Petrochemical (Huizhou) Co.
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PTA loss pressure is expected to ease
Time of Update: 2022-05-09
Due to the rapid rise in raw material prices, the processing fees of PTA production enterprises will decline rapidly .
According to Qiu Qianqian, at the beginning of the year, the processing fee per ton of enterprises was maintained at the level of 600-700 yuan .
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Mitsui Chemicals to close Japan's PTA plant
Time of Update: 2022-04-26
On March 15, Mitsui Chemicals announced that the company plans to close the purified terephthalic acid (PTA) plant in Otake Iwakuni, Japan in August 2023 .
According to reports, Mitsui Chemicals began to produce PTA in its Iwakuni Dazhu factory in 1958, with a maximum annual output of 750,000 tons .
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INEOS Indonesia PTA Plant Completes Upgrade
Time of Update: 2022-04-25
This upgrade project achieved a significant reduction in carbon emissions and increased production capacity, providing support for the increased competitiveness and demand growth of the Indonesian polyester industry .
