M&G Group purchases land for PET/PTA plant

qiangzi

Tuesday, September 18, 2012

! S, o: g* p4 H. BHouston - M&G Group announced that it has purchased the land in Corpus Christi, TX where it will build its one million tons per year PET plant (2.2 billion pounds) and accompanying 1.2 million tons per year (2.6 billion pounds) PTA plant. The new plants will generate approximately 250 new jobs. An additional 700 indirect positions are anticipated and as many as 3,000 jobs likely will be created during construction. The new PET single line plant will employ the same technology as M&G’s single reactor Suape (Brazil) PET plant, including M&G’s revolutionary EasyUp SSP technology.