What is focus now? Global players chase after PTA in China.(Market Report) From: China Chemical Reporter | Date: September 26, 2003 | COPYRIGHT 2003 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The investments on PTA (pure terephthlic acid) are likely to be the hottest talk in China's petrochemical industry among all of the domestic newly-built projects, expansions and planning projects.

PTA is one of major raw materials in producing polyester fibers or textiles. Due to the broad applications, polyester fibers industry has achieved a fairly rapid development, with average manual growth rate of 11% in recent years. Correspondingly, both the market demand and pro...