Business

JBF Commissions PTA Plant At Mangalore SEZ

JBF Petrochemicals Ltd, step subsidiary of JBF Industries Ltd, has commissioned its purified terephthalic acid (PTA) plant at Mangalore SEZ, Karnataka.

Production of PTA is a backward integration for JBF Industries and its subsidiaries abroad, making the company self-sufficient in meeting its PTA requirements. The plant, with a capacity of 1.25 million tonnes per annum, uses British Petroleum's BP technology, known to be the most cost-effective and environment-friendly. "This is the world's largest single reactor train PTA plant. The new plant will increase the competitiveness of the company in the polyester chain and is expected to improve margins," the company stated.