Bright prospect for PTA.(Union Holdings China Company Ltd., purified terephthalic acid.)

From: China Chemical Reporter | Date: July 16, 2005 | Copyright information

According to the chairman of Union Holdings China Company Ltd., since the start of production, the PTA (purified terephthalic acid) project funded by the company with a huge investment has been in good operation. The rate of payments for delivered goods reaches 100%. The 600 000 t/a PTA project of Hualian Sunshine Petrochemical Company Ltd., which is the subsidiary of Union Holding China Company Ltd., completed construction and produced qualified PTA products in Shaoxing, Zhejiang province on April 3, 2005. (CCR2005No.11) As PTA is still in short supply in China, there is no ...

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