Indorama Ventures (IVL) is to resume construction of the Corpus Christi integrated PTA-PET plant in Texas following a period of pandemic-related disruptions.

Corpus Christi Polymers  (CCP), was formed in 2018 as a joint venture between IVL, DAK Americas and APG Polytech,  a subsidiary of Far Eastern New Century, following the purchase of a partially-constructed facility of M&G Resins in Corpus Christi.

CCP is expected to be the largest vertically integrated PTA-PET production plant in the Americas and IVL’s biggest greenfield project in the USA since the development of the AlphaPet production facility at Decatur, Alabama in 2009.

The plant’s vertical integration optimises PTA-PET production to ensure long-term competitive-cost supply for IVL’s locally integrated polyester value chain.

It will have nominal annual capacities of 1.1 million metric tons of PET and 1.3 million metric tons of PTA and each partner will procure its own raw materials and receive one third of the PTA and PET produced at the facility to sell and distribute independently.

“We welcome the resumption of construction at the Corpus Christi facility and look forward to working with our partners towards full production in 2025,” said  Sanjay Ahuja, executive president for combined PET at IVL. “As we moved past the pandemic’s peak, conditions improved to the point where our firm resolve can now be rewarded.”

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