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China’s Hengli considers building new PTA plant

by ChemOrbis Editorial Team -
  • 21/09/2015 (16:36)
According to market sources, China’s Hengli Petrochemical is considering building a fourth PTA plant in Liaoning province in the second half of 2017. However, plans for the fourth PTA plant are yet to be finalized.

If the company decides on building the fourth PTA plant, the proposed unit will reportedly have a production capacity of 2.2 million tons/year. Sources stated that the company has not made a final decision yet due to low production margins and oversupply in the PTA market.

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