17 April: CAPCO Shuts PTA Unit in Taichung, Taiwan

TAICHUNG, Taiwan — CAPCO has announced the shutdown of its Purified Terephthalic Acid (PTA) unit located in Taichung. The facility, which had an annual production capacity of 760,000 tons, has ceased operations. The closure marks a significant development in Taiwan’s petrochemical sector, as PTA is a key raw material used in polyester production, impacting downstream textile and packaging industries. CAPCO has not disclosed further details regarding the reasons behind the shutdown or its futur