INVISTA Performance Technologies and Hengli Petrochemical (Dalian) Co. Ltd (Hengli) have reached an agreement to license INVISTA’s latest purified terephthalic acid (PTA) process technology for Hengli’s fourth PTA line. The company’s first three PTA lines also utilise INVISTA’s technology, and have a combined capacity of 6.6 million tpy. The fourth line will have a design capacity of 2.5 million tpy, and will be installed at Changxing Island, Liaoning Province of China.
This is another significant milestone in the evolution of INVISTA’s PTA technology following 2017, which saw the successful start-up of both Oriental Petrochemical (Taiwan) Co. Ltd’s third PTA Line (capacity of 1.52 million tpy) and the first P8 technology deployment with Jiaxing Petrochemical Co., Ltd (capacity of 2.2 million tpy).
Mike Pickens, IPT President, commented: “We are honored that Hengli selected our advanced, industry-leading P8 technology for their next PTA investment. We look forward to the continuation of our close relationship with Hengli chairman, Chen Jianhua, and his very capable team.”
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/03052018/hengli-petrochemical-makes-pta-investment/