Yisheng Dalian is ramping up the operating rates of its PTA plants

Currently, yuan PTA processing spread hovers high, incentivizing producers to keep high operating rates. Some previously-shut plants have also restarted. Yisheng Dalian is ramping up the operating rates of its PTA plants. Honggang’s second PTA line is expected to resume production on Oct 14, and Billion’s 2.5 million mt/yr PTA plant will also raise operating rate. In addition, Sinopec Yangzi restarted its 600kt/yr PTA plant on Oct 9 and resumed production on Oct 11. Sichuan Energy Investment restarted its 1 million mt/yr PTA plant on Oct 9 and resumed production on Oct 12.