Artlant starts PTA production at €400M plant in Sines, Portugal; 700,000 tons/year unit will supply PET packaging and fibers sectors
MONTE FEIO, Portugal
March 29, 2012
– ARTLANT PTA has started manufacturing purified terephthalic acid – PTA - aimed at the manufacture of polyester polymers mainly used in the food industry – PET packaging and the textile sector – fibres. Located in Sines, the new unit is the m ost recent and modern PTA plant in Europe and one of the main industrial projects built in Portugal, an investment of over 400 million Euros.
ARTLANT PTA started running last week and it is already supplying its range of clients. The unit has an installed capacity of 700 thousand tons of PTA (purified terephthalic acid), which will be used mainly in the polyester industry, for the manufacture of fibres and PET packaging – a 100% recyclable material. With this capacity, ARTLANT PTA will become the second largest European producer with the most recent and modern industrial unit in the whole of Europe.
Equipped with the state of the art technology, the performance of the industrial unit, when compared with similar units, will enable energy consumption optimization and a significant reduction on environmental emissions of volatile organic compounds to the atmosphere.
Taking into account the current international market prices, on a full year, the annual turnover could exceed 600 million Euros. The Sines plant plans to export 95% of its production volume and will generate about 400 direct and indirect jobs.
Its location in Sines is strategic and will facilitate shipping of the product worldwide, in a fast and economical way. ARTLANT’s key market will be Europe, for its proximity, but the target regions also include Africa, the CIS and Baltic States, the Middle East, India and Brazil.