Belarus plastics producer Mogilevkhimvolokno plans to strengthen its PET business through the construction and launch of a new 120,000 tpa bottle grade PET polymer plant by 2015.
Mogilevkhimvolokno (Mogilev), the chemicals subsidiary of the country’s Minsk-based state oil and chemicals group Belneftekhim, aims to expand and upgrade its PET production and polymer exports. The firm already operates an existing 80,000 tpa polycondensation plant but its PET does not meet today’s global quality standards.
The €120m PET project covers the purchase and installation of the plant’s equipment to make bottle grade PET from PTA, combined with post-polycondensation, that will ensure polymer production bypassing the stages of pelletising and post-polycondensation at the SSP plant.
Other Mogilev products include DMT, polyester resins, ADMT plasticisers, aromatic polyester polyols and biodiesel fuel.
PET investment in Belarus