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Paraxylene market to expand by 7%
February 2019
The global paraxylene market stood at $33.03 billion in 2015 and is projected to reap an opportunity worth $60.04 billion by the end of 2024.
Polyester intermediate prices rise
February 2017
Polyester intermediate prices have continued rising in the very recent week,and are expected to further climb after Chinese holidays.
Anti-dumping duty on PTA from 5 countries
August 2016
Indian producers of purified terephthalic acid (PTA), a key raw material for manufacturing polyester chips, have cause for cheer with the Finance Ministry imposing definitive anti-dumping duty (ADD) on its imports from China, Iran, Taiwan, Indonesia and Malaysia. This Revenue Department move-which came less than a month after the recommendation of the designated authority in the Commerce Ministry-is expected to come as a relief for Reliance Industries and Indian Oil Corporation Ltd (IOCL).
Anti-dumping duty on PTA from 5 countries
July 2016
Indian producers of purified terephthalic acid (PTA), a key raw material for manufacturing polyester chips, have cause for cheer with the Finance Ministry imposing definitive anti-dumping duty (ADD) on its imports from China, Iran, Taiwan, Indonesia and Malaysia. This Revenue Department move-which came less than a month after the recommendation of the designated authority in the Commerce Ministry-is expected to come as a relief for Reliance Industries and Indian Oil Corporation Ltd (IOCL).
Asia PTA facing pressure in 2016
September 2015
Asia´s purified terephthalic acid (PTA) industry is expected to come under increasing pressure in 2016 as India adds 2.3 mt to its production capacity in the first half of 2016, industry sources said.
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