27 December 2018
DETAILS
Indorama Ventures Public Company Limited (“IVL”)
is pleased to announce
the commencement of commercial production of
Purified Isophthalic Acid (PIA) plant
at Indorama Ventures Xylenes & PTA, LLC (“IVXP”),
located at Decatur, Alabama, USA
w.e.f December 23rd, 2018.
The Decatur PIA Plant would complement
the existing PIA Plant of IVL
at IVL Quimica, Spain.
The two PIA plants have
a combined name plate capacity of 440,000 MT/Annum
and IVL is the only PIA producer with dual facilities
in the two large consumption continents of
EMEA and America’s
serving the needs of PET and Speciality chemicals.
Significant part of aromatic feedstock used in PIA production
is secured on long-term basis
from suppliers in USA and Europe.
Decatur, Alabama is
IVL’s largest PET Value Chain location with
Paraxylene, PTA, NDC and PET polymers production
and now is complemented with PIA production.
The combined site capacity is over 2 million tons
of integrated production with
MEG coming from IVL’s Olefins plant
in Clear Lake, Texas by barges.
Recently approved JV investment by IVL in Corpus Christi, Texas
integrated PTA & PET project
together with IVL Decatur plant and Clear Lake Olefin plant
is expected to be the most supply chain efficient
PET Value Chain nexus in America’s.
The PIA technology is proprietary and owned
by Indorama Ventures Quimica, Spain.
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