SINOPEC Yizheng selects INVISTA P8++ PTA Technology

SINOPEC Yizheng selects INVISTA P8++ PTA Technology

SHANGHAI–(BUSINESS WIRE/AETOSWire)— INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and China Petrochemical International Co., Ltd. (“Sinopec Yizheng”) have reached an agreement for licensing of INVISTA’s industry leading PTA P8++ technology for Sinopec Yizheng’s third PTA line. This plant will be installed in Jiangsu province, China, with an annual name-plate capacity of 3 million tonnes. Sinopec Yizheng previously utilised IPT’s P6 PTA technology for its 450,000 te/annum second PTA line. Sinopec Yizheng and INVISTA are pleased to once more leverage this technology to create long-term value for both parties.…

Hengli Petrochemical Announces Start-up of its 5th PTA Line Utilising INVISTA’s P8 PTA Technology

SHANGHAI–(BUSINESS WIRE/AETOSWire)– INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to announce the successful start-up of Hengli’s 5th PTA line. Hengli’s 5th PTA line with 2.5 million tonnes per annum capacity, utilising INVISTA’s industry leading P8 PTA technology, successfully started up on June 29, 2020. Hengli also operates another 4 PTA lines on the same site on Changxing Island (Dalian), all of which utilise advantaged PTA technology licensed from INVISTA, with a total capacity of 11.6 million tonnes per annum. This makes…

Hengli Petrochemical Announces Full Rate Operation on Its 4th PTA Line Utilizing INVISTA’s P8 PTA Technology

SHANGHAI–(BUSINESS WIRE/AETOSWire)– INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT) and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) announce that Hengli’s 4th PTA line has reached full rate. This PTA line of 2.5 million tonnes per annum capacity, located in Changxing Island, Dalian City, Liaoning Province, utilizes INVISTA’s P8 PTA technology with industry leading variable cost, capital productivity and environmental performance, came online on January 8th, 2020. This PTA line also produces benzoic acid as co-product, utilising INVISTA’s proprietary R2R technology. Mike Pickens, IPT President, commented, “I congratulate Hengli on the…

Pan-Asia to Utilize INVISTA’s Latest P8 Technology for New PTA Line

SHANGHAI– (BUSINESS WIRE/AETOSWire) – INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Pan-Asia PET Resin (Guangzhou) Co., Ltd have reached agreement for the licensing of INVISTA’s latest purified terephthalic acid (PTA) process technology. Pan-Asia will utilize INVISTA’s P8 PTA technology at a scale of 1.25 million metric tonnes per year. The plant would be built in Jizan Economic City, Saudi Arabia. This project signifies INVISTA’s first technology license in the Middle East. Mike Pickens, IPT president, commented, “I’m glad that our industry-leading P8 technology has been selected by Pan-Asia in…