15/03/2010

UK PTA Plant Set to Restart

photo : El Economista

Following numerous posts about site closure, I'm delighted to post an article about a plant restart. Back in July last year, this blog reported the closure of the La Seda PTA/PTA plant at Wilton, UK.

The company Lotte Chemical UK Ltd., a part of the wider Lotte Group recently bought the Wilton Plant for 26 Billion Korean Won (US$22.4 mln). The Wilton plant has capacity to produce 500,000 tpa of purified terephthalic acid and 150,000 tpa of polyethylene terephthalate.

The Lotte Group's goal is "to be come a group that is appreciated by even one more person and to produce products that are loved by as many people as possible" - I'm sure that the company is appreciated by quite a few people on Teesside just now!

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