Hosaf, the South African producer of PET resin since 1998, has entered into an agreement with Chemtex and Polymetrix to increase the capacity of its PET resin plant at South Africa by about 88 per cent. Chemtex and Polymetrix will provide the technology package, design and equipment for the plant. It currently produces 1,28,000 metric tons of finished product on an annual basis. This expansion will enable Hosaf to increase its capacity to about 2,40,000 metric tons per annum.

This project will deliver high quality PET resin with enhanced plant economics and will position Hosaf as a highly competitive and premier provider of PET resin in the growing regional market.

Chemtex is a global engineering and technology company. It specialises in delivering value added project solutions for its clients in the polymer and fibers, chemicals, energy and environmental industries. The company has successfully delivered hundreds of projects worldwide.

Polymetrix is a worldwide engineering group active in the design and construction of plants and equipment, with headquarters in Switzerland. With its vast technological expertise and engineering know-how, Polymetrix is an international leader in PET decontamination and SSP plant engineering.