JBF Petrochemicals a step down subsidiary of JBF Industries, who is one of the leading Polyester value chain company`s not only in India and abroad has entered into a Long Term Agreement for supply of Paraxylene, the main raw material for production of Purefied Terephthalic Acid (PTA) with ONGC Mangalore Petrochemicals (OMPL).
The agreement entails supply of Paraxylene by OMPL to JBF Petrochemicals for a period of 10 years, with provision of further increasing the period of supply by another 5 to 10 years by mutual consent.
Paraxylene will be supplied by OMPL to JBF Petrochemicals, through a dedicated pipeline about 3 km in length.
JBF Petrochemicals will be using technology from BP in the process of commissioning a 1.25 million tonnes per annum PTA plant at Mangalore SEZ, Karnataka. BP and JBF Petrochemicals have signed an agreement for licensing BPs latest generation purified Terephthalic Acid (PTA) technology.
JBF Industries is amongst the top five Domestic market leaders in textile grade chips, bottle grade chips and Partially Oriented Yarn. Internationally also, JBF is amongst the top ten manufacturers of bottle grade chips and polyester films. JBF’s brand value has made its products well accepted with a majority of domestic customers as well as many multinational corporations.
The 66th edition of Filo is showcasing its “Made in Filo” collection, an initiative that transforms materials supplied by exhibitors…
Circ has partnered with Shenghong Chemical Fiber New Material to expand the commercial production of polyester filament yarn made from…
Algae Scope is developing a patented seaweed-derived functional powder that could provide a bio-based route to coatings for protective and…
AmeriBangla Corporation has launched CottonPort, a digital cotton marketplace designed to connect American cotton farmers with mills and buyers in…
Chinese automaker SAIC-GM-Wuling has introduced bamboo-fiber-reinforced composites into interior components across more than 20 production vehicle models.
Zeneri has begun production of a new collection featuring its patented three-zone knitted architecture, designed to prevent socks from slipping…