Corpus Christi Polymers extends pre-construction period for Texas PTA-PET plant

Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama Ventures, and Far Eastern Investment, decided to extend the pre-construction period for its integrated PTA-PET plant in Corpus Christi, Texas, through the end of 2020 due to rising labor costs. No additional capital contributions from Alpek are required during this period.

“Alpek announced today that Corpus Christi Polymers LLC (“CCP”) has decided to extend its pre-construction period through the end of 2020.”alpek.com

• 2 sources
• alpek.comAlpek announces Corpus Christi Polymers pre-construction period extended | AlpekMar 18, 2020
• alpekpolyester.comALPEK ANNOUNCES CORPUS CHRISTI POLYMERS PRE-CONSTRUCTION PERIOD EXTENDEDALPEK ANNOUNCES CORPUS CHRISTI POLYMERS PRE-CONSTRUCTION PERIOD EXTENDED - Alpek PolyesterFernanda Del PradoMar 18, 2020

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