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M&G Chemicals Launches Green Revolution in the Polyester Chain
Date:11/18/2013

City, Anhui Province.

About M&G Chemicals

M&G Chemicals is among the three largest producers of PET resin for packaging applications in the world, and the second largest in the Americas, in terms of nominal capacity with 1,600 kMT/year, and with almost 1.4 MMtons/year of installed prime capacity, and employs approximately 936 people in more than 14 locations in six countries around the world. In 2012 M&G Chemicals posted an annual revenue of 1,854 million Euro.

M&G Chemicals has manufacturing locations in Brazil, Mexico and the USA. Its plants in Suape (Brazil) and Altamira (Mexico) are the two largest single lines and most efficient (measured in terms of operating costs per metric ton) in the world and are based on proprietary technology. Through its engineering division Chemtex, M&G Chemicals provides technological development, research and engineering services for the construction of plants for customers in the polyester chain (including PET, polyester fibre and PTA production) and LNG industries. These activities are also aimed at enabling the production of PET resin 100% made from renewable sources. M&G Chemicals is an affiliated entity with the Mossi Ghisolfi Group.

For further information: www.mg-chemicals.com

About Beta Renewables

Beta Renewables is a leader in the field of advanced biofuels and biochemical compounds at competitive costs. It was established at the end of 2011 as a joint venture between Biochemtex, a company of the Mossi Ghisolfi Group, and the U.S. fund TPG (Texas Pacific Group) with a total investment of 250 million Euro (350 million dollars). At the end of 2012, Novozymes – world leader in the enzymes industry – became a sha
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