Production starts to make raw material for polyester

Related Keywords: biggest polyester producer, fiber-type chemicals manufacturer, petrochemicals, Purified terephthalic acid, raw material of the polyester

Turkey
Summary: 
The firm, which exports more than half of its production to 45 countries, mainly in Europe, completed the fiber plant, the first of two projects prepared with the Project-Based Incentive System, previously approved by President Recep Tayyip Erdoğan and published in the Official Gazette.

The firm, which exports more than half of its production to 45 countries, mainly in Europe, completed the fiber plant, the first of two projects prepared with the Project-Based Incentive System, previously approved by President Recep Tayyip Erdoğan and published in the Official Gazette.

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PET recycling capabilities becomes extensive for Indorama Ventures now

Related Keywords: and packaging, beverages, Ethylene Oxide/Glycols and PTA, fibres, food-grade rPET, hygiene, Indorama Ventures, personal care, PET containers, PET packaging, petrochemicals, polymers, Recycled High Density Polyethylene (rHDPE), recycled PET, Recycled Polyethylene Terephthalate (rPET), recyclers, Sorepla Industrie, tire and safety segments

Thailand
Summary: 
Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. rPET resin is widely used for beverage and food packaging, also has fibre applications in Europe, a sector in which IVL holds a leadership supplier position. The demand for food-grade rPET in Western Europe is can grow at a CAGR of 7% from 2018-2021 and is currently overtaking supply. A growing emphasis on sustainability and circular economy objectives among packaging and consumer product manufacturers is expected to be amongst the key factors driving market growth. Recycled PET is well-known to be hygienic and is approved for food-contact applications in most countries around the world.

Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. rPET resin is widely used for beverage and food packaging, also has fibre applications in Europe, a sector in which IVL holds a leadership supplier position. The demand for food-grade rPET in Western Europe is can grow at a CAGR of 7% from 2018-2021 and is currently overtaking supply.

https://www.innovationintextiles.com/indorama-ventures-expands-pet-recycling-capabilities/
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India's synthetic yarn industry suffers due to rising crude oil price

Related Keywords: acetone, benzene, crude oil, Naphtha, petrochemicals, phenols, polymers, purified terephthalic acid (PTA) and mono-ethylene glycol (MEG), solvents, spinning, synthetic yarn, textile hub, The Synthetic & Rayon Textiles Export Promotion Council, the synthetic yarn value chain, weaving

Ahmedabad
Summary: 
Narain Aggarwal, chairman, The Synthetic & Rayon Textiles Export Promotion Council said that, synthetic yarn export has grown in 2017-18, by about five per cent. However, say observers, this is only due to a rise in global demand while China cut production. "The industry as such has not done anything substantial to see export grow. We are globally uncompetitive in terms of prices, compared to China, Korea, Thailand, Taiwan, Indonesia and Malaysia.” He added that as the share of domestic sales in synthetic yarn is substantially more than export, the industry has much less of the benefit from a falling rupee. The impact is even more in the textile hub of Surat, where capacity utilisation has fallen below 60 per cent.

Narain Aggarwal, chairman, The Synthetic & Rayon Textiles Export Promotion Council said that, synthetic yarn export has grown in 2017-18, by about five per cent. However, say observers, this is only due to a rise in global demand while China cut production. "The industry as such has not done anything substantial to see export grow.

http://www.business-standard.com/article/markets/rising-crude-oil-price-hits-india-s-synthetic-yarn-industry-118052600038_1.html
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$8.5 billion investment to change the balance in the global polyester business by SASA

Related Keywords: ADVANSA SASA Polyester Sanayi A.Ş, fibres and filaments, filaments, global polyester business, intermediates, petrochemicals, polyester, polyester fibres, polyester investment, polyester-based polymers, production of polyester chips, PTA (Pure Teraphthalic Acid) and MEG (Ethylene Glycol), raw material of polyester, SASA Polyester Inc, specialty products

Turkey
Summary: 
In 2000, SASA strengthened its leading position in the sector by establishing a joint venture with DuPont. Following the acquisition of DuPont’s shares by Sabancı Holding in 2004, it became a wholly-owned subsidiary of Hacı Omer Sabancı Holding A.Ş. and was renamed ADVANSA. In 2005, the name of the group in Turkey was changed to ADVANSA SASA Polyester Sanayi A.Ş.

In 2000, SASA strengthened its leading position in the sector by establishing a joint venture with DuPont. Following the acquisition of DuPont’s shares by Sabancı Holding in 2004, it became a wholly-owned subsidiary of Hacı Omer Sabancı Holding A.Ş. and was renamed ADVANSA. In 2005, the name of the group in Turkey was changed to ADVANSA SASA Polyester Sanayi A.Ş.

https://www.innovationintextiles.com/sasa-invests-85-billion-to-become-global-polyester-giant/
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RIL commissions the world's largest ROGC at Jamnagar

Related Keywords: and polyethylene, ethylene, mono-ethylene glycol, petrochemicals, Reliance Industries Limited

Gujarat
RIL commissions the world's largest ROGC at Jamnagar
Summary: 
Reliance Industries Limited (RIL) completing its multi-billion-dollar expansion of largest operating refinery off-gas cracker (ROGC) world’s largest off-gas cracker facility at its Jamnagar complex. This has also doubled RIL’s ethylene production capacity, which is now close to 4 MMTPA at five of its manufacturing sites. RIL joins the distinguished league of top 5 petrochemical producers globally.

Reliance Industries Limited (RIL) completing its multi-billion-dollar expansion of largest operating refinery off-gas cracker (ROGC) world’s largest off-gas cracker facility at its Jamnagar complex. This has also doubled RIL’s ethylene production capacity, which is now close to 4 MMTPA at five of its manufacturing sites. RIL joins the distinguished league of top 5 petrochemical producers globally.

With this, Jamnagar in Gujarat has also become home to the world’s largest operating refinery off-gas cracker, RIL said in a statement.

http://www.thehindu.com/business/Industry/ril-raises-ethylene-capacity-twofold/article22353673.ece
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