PET INVESTMENT IN SRI LANKA

It has been reported that Hambana Petrochemical Li...

INDORAMA ANNOUNCE DETAILS OF NEW CAPACITY IN THE USA

Indorama Ventures Public Company Limited has annou...

2013 PET AND RPET CONFERENCES

PCI Consultants will be speaking at the following ...

SELENIS CANADA TO DEBOTTLENECK MONTREAL PET RESIN PLANT TO 260,000 METRIC TONS

Selenis Canada has announced that its Board of Dir...

Study on APET Sheet Market in North America

PCI’s latest in depth market report profiles...

M&G INVESTMENT IN CORPUS CHRISTI PLANT CONFIRMED

The investment by M&G in a new PET plant in Co...

Invista acquires intellectual property rights and licenses

invista Performance Technologies has announced tha...

Lotte Chemical UK Ltd. orders MTRĀ® plant from Uhde Inventa-Fischer

Lotte Chemical has announced the following: &ldqu...

China PET Recycling Industry Position and Prospects

The influence of the Chinese PET recycling industr...

PET INVESTMENT IN SRI LANKA

It has been reported that Hambana Petrochemical Limited has signed a Business Venture Agreement with the Sri Lanka Ports Authority for a proposed project to set up a plant producing bottle grade PET resin in Hambantota, Sri Lanka. Hambana Petrochemicals Ltd is a company owned by Peak Energy (Pte) Ltd of Singapore.

The proposed plant would have an annual PET resin production capacity of 540,000 metric tons or 1,500 metric tons per day, coming on-stream from January 2015.

Further analysis will be included in our April 2013 Business Report