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BP says $200 million PTA upgrades, in US and Europe, done by end-2016

HOUSTON, January 15, 2016 (PCW) -- BP will complete production upgrades at its PTA plants in Cooper River, S.C., and Geel, Belgium, by the end of 2016, BP spokesman Michael Abendhoff told PCW Friday. The combined cost of the upgrades is $200 million.

The upgrades were announced in 2014 after a fire knocked out one of two PTA production units at Cooper River. -- Xavier A. Cronin