Construction on a “world-scale” petrochemicals plant in Turkey that will produce purified terephthalic acid (PTA) for the country’s growing polyester packaging and textiles industry will reportedly start in 2020.
The plant is a joint venture between British Petroleum (BP) and the State Oil Company of the Azerbaijan Republic (SOCAR) and was first announced at the end of last year.
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The complex in western Turkey that would produce 1.25m tonnes per annum of PTA which is used to manufacture polyesters, which have many uses including food and beverage containers, packaging materials, fabrics, films, and other consumer and industry applications.
At the time of the announcement Luis Sierra, CEO for BP’s global aromatics unit, said: “The combination of BP’s leading proprietary technology and integration with SOCAR’s new refinery could create an outstanding platform to serve Turkey’s growing polyester packaging and textiles industry.”
According to Reuters, quoting SOCAR Turkey’s Enerjji project director, Emil Alkhasly, construction on the facility will begin at the end of next year.
Alkhasly said three companies are taking part in a tender for the design of the complex – the cost of which is expected to be US$1.8bn.
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