16 November 2018
ABOUT INVISTA
ABOUT INVISTA PERFORMANCE TECHNOLOGIES
DETAILS
INVISTA’s technology and licensing group,
INVISTA Performance Technologies (IPT),
and Jiangsu Honggang Petrochemical Co., Ltd. (Honggang)
have reached agreement
for the licensing of INVISTA’s latest
purified terephthalic acid (PTA) process technology.
This is the first time that INVISTA and Honggang
would be collaborating
to build state of the art PTA assets;
a further recognition by the PTA industry
of the many technology and schedule advantages
which INVISTA delivers for its customers.
Honggang will utilize INVISTA’s P8 PTA technology
at a scale of 2.4 million metric tonnes per year.
Since 2012 INVISTA has licensed
nearly 21 million tonnes of PTA capacity,
representing almost two-thirds of the license capacity
awarded during this period.
Of this capacity, 70% would be based upon
INVISTA’s industry-leading P8 PTA technology,
designed to deliver long term value
for our many new and returning customers.
A kick-off meeting was successfully held
in the week of Oct 8, 2018.
The targeted project start-up date would be in Q4, 2020.
INVISTA’s latest industry-leading PTA technology
is available as a licence package from
INVISTA Performance Technologies.
For more information, please visit
the INVISTA Performance Technologies
Web site at www.ipt.invista.com.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
