Dioctyl terephthalate companies are involved in the production of dioctyl terephthalate, a plasticizer widely used in the manufacturing of flexible plastics and synthetic materials. These companies focus on providing high-quality plasticizers that meet regulatory standards and customer requirements.
Dioctyl Terephthalate Market
July 2023- An agreement between Sohar Freezone and Nasir Chemicals to establish a Dioctyl Phthalate and Dioctyl Terephthalate, aimed at catering to the growing demand for high-quality chemical products in the GCC, India, and African markets, is expected to have positive implications for the Omani port's cargo volumes. Representing a total investment of US$ 10.4 million, the plant will cover an area of 5,000 m2 and will have a production capacity of 30,000 tons a year. According to a statement, the plan will significantly boost local logistics activities and will increase container throughput by around 2000 TEU annually.
October 2023- Vikas Ecotech Limited announced that the company has acquired 100 percent equity in an existing Plasticizer Manufacturing Business valued at an enterprise value of ~Rs 270 Million in an all-cash deal. The product offering of the acquired Plasticizer Manufacturing Business perfectly complements and enhances the company's existing product basket. Vikas Organics Pvt Ltd (VOPL) is a well-established company that's been around for over 30 years. They're known for making plasticizers, which are used in various industries. They've been a popular brand in India for about 25 years. In 1992, Dr Lalit Batra started VOPL with a modern plant in Daman, near Mumbai. This plant can produce 12,000 metric tons of plasticizers each year. Some of the plasticizers they make include Di-Octyl Phthalate, Di-Butyl Phthalate, and Di-Octyl Adipate. VOPL is big on technology and keeps up with changes in the industry and environmental laws. They invest in research and development to create new materials. They plan to add new products like Diisononyl Phthalate, Butyl Acetate, and Dioctyl Terephthalate in the next 6-12 months.
The key players in dioctyl terephthalate market are
Dioctyl Terephthalate Market Highlights:
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