Chemical Processing
Wellman Nears 50% Completion of Major PET Resin Expansion in Mississippi
Demand for gas barrier resins, such as PET used in packaging products and films, has continued to increase in recent years.
Released Friday, April 08, 2005
Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Wellman Incorporated (Shrewsbury, New Jersey) began construction in Fall 2004 for the estimated $50 million PET (polyethylene terephthalate) resin expansion at its Bay Saint Louis, Mississippi, Pearl River plant site. Industrialinfo.com first began tracking plans for this expansion in December of 2000, when it was initially reported as part of the North American Project Database.
Demand for gas barrier resins, such as PET used in packaging products and films, has continued to increase in recent years. Wellman delayed the approval and construction start of this project many times, waiting for the most attractive time to add new capacity to this market.
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View Project Report - 03001927
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