# 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.

- Type: Investment
- Announced: 2020-03-18
- Where: Corpus Christi, Texas, United States
- Status: announced
- Products: PTA, PET
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Corpus Christi Polymers](https://endata.com/companies/4675.md)
- [Indorama Ventures](https://endata.com/companies/3457.md) (investor)
- [Indorama Ventures](https://endata.com/companies/3457.md) (partner)
- [Alpek](https://endata.com/companies/4456.md) (investor)
- [Alpek](https://endata.com/companies/4456.md) (partner)
- [Far Eastern Investment](https://endata.com/companies/30855.md) (investor)
- [Far Eastern Investment](https://endata.com/companies/30855.md) (partner)

## Sources

- [alpek.com](https://www.alpek.com/press-release-ccp-update/), 2020-03-18: "Alpek announced today that Corpus Christi Polymers LLC (“CCP”) has decided to extend its pre-construction period through the end of 2020."
- [alpekpolyester.com](https://www.alpekpolyester.com/alpek-announces-corpus-christi-polymers-pre-construction-period-extendedalpek-announces-corpus-christi-polymers-pre-construction-period-extended/), 2020-03-18: "Alpek, S.A.B. de C.V. announced today that Corpus Christi Polymers LLC has decided to extend its pre-construction period through the end of 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.