Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

BP Considers Sale Of Major Facility

by Michael McCoy
November 23, 2015 | A version of this story appeared in Volume 93, Issue 46

BP says it is exploring the sale of its Decatur, Ala., complex as part of a broader reorganization of its petrochemicals business. The Decatur plant produces up to 1 million metric tons per year of purified terephthalic acid (PTA), a polyester raw material, as well as p-xylene, a PTA raw material. It’s also the world’s only commercial producer of naphthalene dicarboxylate, a chemical used in specialty polyesters. One possible buyer is Indorama, which operates a polyester bottle resin plant adjacent to the BP facility.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.