PAKISTAN: Ibrahim Fibres new polyester staple plant

Pakistan: Ibrahim Fibre will have a new 230,000-235,000 tonne/year polyester staple plant in Pakistan by 2012, a senior company executive said on Thursday. 

Construction of the $250m (€178m) plant – the company’s third polyester staple unit - is under way, with machinery imported from Germany expected to arrive starting June, said Shahid Amin, director of Pakistan-based Ibrahim Fibre, at the sidelines of the Asia Petrochemical Industry Conference (APIC) 2011 in Fukuoka, Japan. 

The company already operates a 70,000 tonne/year and a 140,000 tonne/year polyester fibre plants in Pakistan, and sells its entire production to the domestic market, where demand is high, Amin told ICIS in an interview. 

Germany’s technology provider Lurgi will build and start up the plant by the last quarter of 2012, he added. 

Most of the feedstocks – purified terephthalic acid (PTA) and monoethylene glycol (MEG) - will be sourced from Ibrahim Fibre’s existing suppliers within and outside of Pakistan, he added. 

The company is also planning to venture in upstream projects, like a PTA plant, given a growing demand in Pakistan for petrochemicals, Amin said. 

Meanwhile, the country’s textile manufacturing facilities currently have a total of 11m spindles, which would require 18m bales of cotton each year, he said. 

With domestic cotton production only averaging 11m-13m bales annually, the gap is usually filled up with polyester yarn and viscose, mostly imported from China and Indonesia, Amin said. 

Even if Pakistan’s per capita consumption of polyester fibre does not rise dramatically, its growing population of 180m people ensures strong demand, he said. 

“That is why we are [building] another plant,” said the executive from Ibrahim Fibre. 

Pakistan currently imports 100,000 tonnes/year of polyester fibres since domestic supply, at only 400,000 tonnes/year from four producers, could not satisfy the ever-increasing demand from the local textile industry, Amin said. 

Send your News/Releases for publication to [email protected]
Added: May 29, 2011 Source: YNFX
Start script - 1521725961.6314 Start news id check - 1521725961.6314 After news id check - 1521725961.6318 After cookie_code - 1521725962.9067 Before news detail - 1521725962.9067 After news detail - 1521725962.9073 Start cat select - 1521725962.9074 After cat select - 1521725962.9077 before preg replace - 1521725962.9077 After preg replace - 1521725962.9078 Before tag engine - 1521725962.9078 After tag engine - 1521725962.9153 Before mptt engine - 1521725962.9153 After mptt engine - 1521725962.9153 Before related engine - 1521725962.9153 After related engine - 1521725962.9194 Before update hits - 1521725962.9194 After update hits - 1521725962.9196 After update news_hits - 1521725962.9207 After mem_only_views - 1521725962.9207 -------------------------------------------------- Total Exec time:- 1.289400100708
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 22-03-2018